{ "ticker": { "uuid": "da73c975-c1ee-4ff9-bcca-beef8886cba9", "symbol": "SLN", "name": "Silence Therapeutics PLC", "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 80.105, "architecture_energy": 74.983, "architecture_maturity": 34.0, "architecture_confidence": 78.704, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 11.31, "rotation_up": 78.59, "upward_expansion": 90.18, "deceleration": 47.17, "rotation_down": 10.97, "downward_expansion": 14.52 }, "activity_lines": [ 10.990667, 10.235636, 8.878333, 8.093032 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 11.95, "trend_reference": 7.099, "distance_from_trend": 0.683336, "trend_direction": "Improving", "fair_value": 10.743814, "distance_from_fair_value": 0.112268, "fair_value_direction": "Improving", "relative_strength": 59.696419, "relative_strength_direction": "Improving", "price_momentum": 1.515789, "excess_performance": 1.328336, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.683336, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.160094, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.112268, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.449052, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.596964, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.607283, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.515789, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.538089, "read": "Demand-led" } ], "volume": { "latest": 2076655, "relative_activity": 1.024369, "balance": 2.538089, "dry_up": 1.264955, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.132331, "annualized_volatility": 0.956154, "from_high_reference": -0.02885, "from_low_reference": 1.852029 }, "levels": { "trend_reference": 7.099, "fair_value_reference": 10.743814, "structural_low": 4.19, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.021978, "positive_rate": 0.461538, "directional_follow_through": 0.461538, "median_excess_return": -0.043049, "regime_survival": 0.615385, "best_return": 0.281919, "worst_return": -0.274949, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.08062, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.017879, "regime_survival": 0.5, "best_return": 0.768839, "worst_return": -0.326816, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.186947, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.29947, "regime_survival": 0.25, "best_return": 1.199593, "worst_return": -0.529504, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.284028, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.648651, "regime_survival": 0.333333, "best_return": 0.700162, "worst_return": -0.415498, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-11-08", "tenure": "Developing", "return": -0.108397, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-06-06", "tenure": "Extended", "return": -0.571654, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.189493, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": -0.111021, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-10-24", "tenure": "Developing", "return": 0.364486, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-01-02", "tenure": "Developing", "return": -0.141061, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": -0.086957, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-01-30", "tenure": "New", "return": -0.149912, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": 0.052632, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": 0.145221, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": 0.115942, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": -0.130435, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": 0.004348, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.178501, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.99, "volume": 83369, "typical_volume": 333701.65, "trend": 7.630333, "fair_value": 16.541481, "relative_strength": -40.851914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.698218, "energy": 8.22899, "activity_lines": [ 6.151333, 5.979636, 5.961095, 6.421957 ] }, { "date": "2023-08-25", "close": 9.21, "volume": 567414, "typical_volume": 358698.9, "trend": 7.487333, "fair_value": 16.494181, "relative_strength": -22.905749, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.280778, "energy": 25.820034, "activity_lines": [ 7.244667, 6.563818, 6.268429, 6.523871 ] }, { "date": "2023-09-01", "close": 8.5, "volume": 2163843, "typical_volume": 434220.65, "trend": 7.337667, "fair_value": 16.442936, "relative_strength": -30.854038, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 31.667306, "energy": 48.75419, "activity_lines": [ 7.858, 6.972182, 6.494429, 6.589204 ] }, { "date": "2023-09-08", "close": 8.45, "volume": 225342, "typical_volume": 410600.1, "trend": 7.182667, "fair_value": 16.372103, "relative_strength": -29.6076, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.202813, "energy": 57.393557, "activity_lines": [ 8.254667, 7.337818, 6.704714, 6.660968 ] }, { "date": "2023-09-15", "close": 9.95, "volume": 100212, "typical_volume": 389086.25, "trend": 7.090333, "fair_value": 16.317295, "relative_strength": -16.039079, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.757028, "energy": 70.535001, "activity_lines": [ 8.964, 7.922545, 7.043, 6.839505 ] }, { "date": "2023-09-22", "close": 10.74, "volume": 93895, "typical_volume": 387179.15, "trend": 7.032, "fair_value": 16.273962, "relative_strength": -5.723396, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 82.353785, "energy": 84.281045, "activity_lines": [ 9.670667, 8.574182, 7.441048, 7.074968 ] }, { "date": "2023-09-29", "close": 9.82, "volume": 59078, "typical_volume": 378482.35, "trend": 6.987333, "fair_value": 16.228705, "relative_strength": -13.341633, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.572153, "energy": 76.851831, "activity_lines": [ 9.820667, 8.968727, 7.730571, 7.254839 ] }, { "date": "2023-10-06", "close": 9.4, "volume": 46451, "typical_volume": 335429.4, "trend": 6.994, "fair_value": 16.183769, "relative_strength": -17.892091, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.770166, "energy": 72.67347, "activity_lines": [ 9.79, 9.209455, 7.960762, 7.410495 ] }, { "date": "2023-10-13", "close": 7.76, "volume": 143835, "typical_volume": 325932.8, "trend": 6.962667, "fair_value": 16.134154, "relative_strength": -31.482368, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.809015, "energy": 40.872915, "activity_lines": [ 9.152667, 9.081091, 8.018476, 7.459914 ] }, { "date": "2023-10-20", "close": 7.13, "volume": 66900, "typical_volume": 319794.05, "trend": 6.894, "fair_value": 16.0805, "relative_strength": -34.292319, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.10031, "energy": 18.31428, "activity_lines": [ 8.351333, 8.799636, 8.006476, 7.47071 ] }, { "date": "2023-10-27", "close": 7.12, "volume": 38091, "typical_volume": 306826.8, "trend": 6.924667, "fair_value": 16.029987, "relative_strength": -31.864855, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.156392, "energy": 21.239213, "activity_lines": [ 7.734667, 8.495091, 7.985286, 7.48529 ] }, { "date": "2023-11-03", "close": 9.2, "volume": 240030, "typical_volume": 259598.25, "trend": 7.020333, "fair_value": 15.987936, "relative_strength": -15.970039, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.440094, "energy": 24.948609, "activity_lines": [ 8.052667, 8.566364, 8.156476, 7.632086 ] }, { "date": "2023-11-10", "close": 9.2, "volume": 134601, "typical_volume": 258586.8, "trend": 7.120333, "fair_value": 15.918769, "relative_strength": -17.209531, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.786818, "energy": 19.791591, "activity_lines": [ 8.412, 8.637818, 8.315476, 7.77271 ] }, { "date": "2023-11-17", "close": 9.1, "volume": 631015, "typical_volume": 278817.6, "trend": 7.246, "fair_value": 15.870051, "relative_strength": -18.593779, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.416019, "energy": 26.234178, "activity_lines": [ 8.751333, 8.678364, 8.45281, 7.90043 ] }, { "date": "2023-11-24", "close": 11.755, "volume": 324068, "typical_volume": 289187.8, "trend": 7.4145, "fair_value": 15.833272, "relative_strength": 5.670732, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.100063, "energy": 62.042709, "activity_lines": [ 9.886333, 9.189818, 8.825857, 8.191333 ] }, { "date": "2023-12-01", "close": 13.55, "volume": 267142, "typical_volume": 299374.75, "trend": 7.6545, "fair_value": 15.809554, "relative_strength": 23.65047, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.901794, "energy": 80.318776, "activity_lines": [ 11.311333, 9.994818, 9.341167, 8.587172 ] }, { "date": "2023-12-08", "close": 14.5, "volume": 816356, "typical_volume": 334112.25, "trend": 7.945833, "fair_value": 15.779458, "relative_strength": 33.247683, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.611692, "energy": 89.909291, "activity_lines": [ 12.624333, 10.921455, 9.910048, 9.028817 ] }, { "date": "2023-12-15", "close": 16.03, "volume": 790166, "typical_volume": 368953.4, "trend": 8.280833, "fair_value": 15.76042, "relative_strength": 43.908234, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.212169, "energy": 94.350268, "activity_lines": [ 14.094, 12.041182, 10.582071, 9.550376 ] }, { "date": "2023-12-22", "close": 16.29, "volume": 60058, "typical_volume": 347949.25, "trend": 8.633167, "fair_value": 15.736638, "relative_strength": 46.239607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.692408, "energy": 92.711269, "activity_lines": [ 15.195, 13.087636, 11.228714, 10.067097 ] }, { "date": "2023-12-29", "close": 17.37, "volume": 136831, "typical_volume": 349434.85, "trend": 9.032167, "fair_value": 15.706958, "relative_strength": 57.107744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.014958, "energy": 92.495357, "activity_lines": [ 16.176667, 14.175364, 11.9275, 10.630763 ] }, { "date": "2024-01-05", "close": 17.92, "volume": 1143828, "typical_volume": 402457.8, "trend": 9.432167, "fair_value": 15.67183, "relative_strength": 68.514294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.872558, "energy": 88.792766, "activity_lines": [ 16.967333, 15.176909, 12.624333, 11.204172 ] }, { "date": "2024-01-12", "close": 17.7, "volume": 435576, "typical_volume": 395865.9, "trend": 9.800833, "fair_value": 15.644266, "relative_strength": 62.148574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.559233, "energy": 83.369147, "activity_lines": [ 17.393333, 15.942091, 13.248167, 11.737581 ] }, { "date": "2024-01-19", "close": 18.41, "volume": 2036333, "typical_volume": 389490.4, "trend": 10.192833, "fair_value": 15.607215, "relative_strength": 64.39217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.705105, "energy": 68.80565, "activity_lines": [ 17.842667, 16.681818, 13.89919, 12.293011 ] }, { "date": "2024-01-26", "close": 19.09, "volume": 504580, "typical_volume": 403452.3, "trend": 10.645833, "fair_value": 15.56933, "relative_strength": 69.50922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.466606, "energy": 68.08117, "activity_lines": [ 18.36, 17.377727, 14.567786, 12.867022 ] }, { "date": "2024-02-02", "close": 22.28, "volume": 1051014, "typical_volume": 450992.4, "trend": 11.1975, "fair_value": 15.556189, "relative_strength": 94.142136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.170217, "energy": 72.721637, "activity_lines": [ 19.754, 18.472, 15.489524, 13.617613 ] }, { "date": "2024-02-09", "close": 22.04, "volume": 2833873, "typical_volume": 587991.3, "trend": 11.738833, "fair_value": 15.53401, "relative_strength": 87.652175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.855622, "energy": 70.257788, "activity_lines": [ 20.740667, 19.331273, 16.32969, 14.317129 ] }, { "date": "2024-02-16", "close": 22.17, "volume": 461741, "typical_volume": 608124.45, "trend": 12.2925, "fair_value": 15.501766, "relative_strength": 90.378894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.383587, "energy": 68.418047, "activity_lines": [ 21.496, 20.059818, 17.128429, 14.990108 ] }, { "date": "2024-02-23", "close": 23.46, "volume": 1211880, "typical_volume": 666395.9, "trend": 12.891167, "fair_value": 15.490292, "relative_strength": 97.103794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.950226, "energy": 75.402276, "activity_lines": [ 22.383333, 20.883455, 17.991214, 15.710591 ] }, { "date": "2024-03-01", "close": 25.78, "volume": 2210298, "typical_volume": 769719.05, "trend": 13.5625, "fair_value": 15.508112, "relative_strength": 109.297032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.736503, "energy": 78.811179, "activity_lines": [ 23.707333, 21.993818, 19.008, 16.542129 ] }, { "date": "2024-03-08", "close": 25.59, "volume": 701849, "typical_volume": 801466.5, "trend": 14.216833, "fair_value": 15.513304, "relative_strength": 107.100178, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.320584, "energy": 72.506485, "activity_lines": [ 24.522, 22.897091, 19.920881, 17.318097 ] }, { "date": "2024-03-15", "close": 22.84, "volume": 1700783, "typical_volume": 884601.1, "trend": 14.745167, "fair_value": 15.510804, "relative_strength": 84.005944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.123323, "energy": 62.542096, "activity_lines": [ 24.199333, 23.150909, 20.483952, 17.87443 ] }, { "date": "2024-03-22", "close": 21.93, "volume": 928031, "typical_volume": 919001.15, "trend": 15.169167, "fair_value": 15.500804, "relative_strength": 69.316226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.43996, "energy": 53.797731, "activity_lines": [ 23.52, 23.149818, 20.8855, 18.337968 ] }, { "date": "2024-03-29", "close": 21.6, "volume": 606614, "typical_volume": 942601.8, "trend": 15.605833, "fair_value": 15.49183, "relative_strength": 64.475482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.75529, "energy": 39.334779, "activity_lines": [ 22.746667, 23.011818, 21.195, 18.75286 ] }, { "date": "2024-04-05", "close": 21.15, "volume": 360348, "typical_volume": 929068.45, "trend": 16.029167, "fair_value": 15.479138, "relative_strength": 59.442457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.472071, "energy": 26.416396, "activity_lines": [ 21.947333, 22.734, 21.402595, 19.110548 ] }, { "date": "2024-04-12", "close": 22.17, "volume": 999882, "typical_volume": 962859.15, "trend": 16.4365, "fair_value": 15.472984, "relative_strength": 64.710966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.470648, "energy": 22.041781, "activity_lines": [ 21.796667, 22.604182, 21.649952, 19.506731 ] }, { "date": "2024-04-19", "close": 22.64, "volume": 771024, "typical_volume": 988053.25, "trend": 16.833167, "fair_value": 15.474906, "relative_strength": 73.689086, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.082188, "energy": 22.008009, "activity_lines": [ 22.030667, 22.561818, 21.892476, 19.906957 ] }, { "date": "2024-04-26", "close": 21.605, "volume": 886427, "typical_volume": 991556.8, "trend": 17.226, "fair_value": 15.452117, "relative_strength": 56.660946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.123079, "energy": 20.48595, "activity_lines": [ 21.933, 22.320364, 21.993143, 20.214817 ] }, { "date": "2024-05-03", "close": 21.99, "volume": 1006762, "typical_volume": 1002386.6, "trend": 17.645667, "fair_value": 15.426733, "relative_strength": 54.953344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.433679, "energy": 22.266676, "activity_lines": [ 21.985333, 22.159182, 22.096643, 20.522172 ] }, { "date": "2024-05-10", "close": 21.21, "volume": 498958, "typical_volume": 1024331.6, "trend": 18.094, "fair_value": 15.399938, "relative_strength": 44.659423, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.248072, "energy": 15.250171, "activity_lines": [ 21.751667, 21.882909, 22.097476, 20.752129 ] }, { "date": "2024-05-17", "close": 23.0, "volume": 520131, "typical_volume": 1043496.6, "trend": 18.623, "fair_value": 15.377502, "relative_strength": 50.615803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.326198, "energy": 20.821243, "activity_lines": [ 22.110667, 22.015182, 22.245357, 21.068645 ] }, { "date": "2024-05-24", "close": 21.91, "volume": 542787, "typical_volume": 1013444.55, "trend": 19.116, "fair_value": 15.341925, "relative_strength": 39.061013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.848284, "energy": 17.829339, "activity_lines": [ 22.051, 21.996364, 22.262619, 21.28071 ] }, { "date": "2024-05-31", "close": 20.99, "volume": 204239, "typical_volume": 1001877.7, "trend": 19.509, "fair_value": 15.305899, "relative_strength": 33.038533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.589844, "energy": 8.876806, "activity_lines": [ 21.733333, 21.827182, 22.173262, 21.401613 ] }, { "date": "2024-06-07", "close": 20.48, "volume": 529791, "typical_volume": 926550.6, "trend": 19.885, "fair_value": 15.25569, "relative_strength": 24.495602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.461106, "energy": 5.292309, "activity_lines": [ 21.286667, 21.582364, 22.019667, 21.464258 ] }, { "date": "2024-06-14", "close": 19.3, "volume": 358843, "typical_volume": 919263.75, "trend": 20.225, "fair_value": 15.213254, "relative_strength": 12.00859, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.988464, "energy": 19.880923, "activity_lines": [ 20.547333, 21.143364, 21.743833, 21.426516 ] }, { "date": "2024-06-21", "close": 19.65, "volume": 794740, "typical_volume": 906450.05, "trend": 20.488167, "fair_value": 15.171652, "relative_strength": 12.452608, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.560814, "energy": 36.375311, "activity_lines": [ 20.052, 20.801636, 21.500333, 21.389419 ] }, { "date": "2024-06-28", "close": 19.0, "volume": 1279281, "typical_volume": 828720.45, "trend": 20.669833, "fair_value": 15.13319, "relative_strength": 7.403093, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.607334, "energy": 47.918693, "activity_lines": [ 19.563333, 20.387545, 21.207452, 21.293409 ] }, { "date": "2024-07-05", "close": 18.21, "volume": 643150, "typical_volume": 837790.9, "trend": 20.7935, "fair_value": 15.077678, "relative_strength": -1.672751, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.03609, "energy": 55.280161, "activity_lines": [ 19.005333, 19.896, 20.85381, 21.13471 ] }, { "date": "2024-07-12", "close": 20.6, "volume": 1627639, "typical_volume": 858578.85, "trend": 20.945833, "fair_value": 15.046267, "relative_strength": 10.046703, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.366808, "energy": 35.143378, "activity_lines": [ 19.429333, 19.900727, 20.746643, 21.122226 ] }, { "date": "2024-07-19", "close": 20.67, "volume": 553504, "typical_volume": 775739.15, "trend": 21.091833, "fair_value": 15.018382, "relative_strength": 13.32304, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.654433, "energy": 20.305068, "activity_lines": [ 19.868667, 19.943455, 20.659762, 21.10443 ] }, { "date": "2024-07-26", "close": 20.99, "volume": 1538459, "typical_volume": 817569.65, "trend": 21.2125, "fair_value": 14.988831, "relative_strength": 16.326474, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -36.543647, "energy": 17.86677, "activity_lines": [ 20.323333, 20.054182, 20.62769, 21.09786 ] }, { "date": "2024-08-02", "close": 18.85, "volume": 800840, "typical_volume": 772572.5, "trend": 21.2435, "fair_value": 14.945562, "relative_strength": 6.373384, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.398862, "energy": 20.787415, "activity_lines": [ 19.975333, 19.812364, 20.413714, 20.945441 ] }, { "date": "2024-08-09", "close": 16.52, "volume": 1836998, "typical_volume": 818020.85, "trend": 21.204167, "fair_value": 14.890049, "relative_strength": -8.027613, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.499934, "energy": 39.627314, "activity_lines": [ 18.860667, 19.202545, 19.996833, 20.640699 ] }, { "date": "2024-08-16", "close": 15.69, "volume": 1976478, "typical_volume": 886514.05, "trend": 21.1135, "fair_value": 14.844792, "relative_strength": -17.706628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.53071, "energy": 69.655189, "activity_lines": [ 17.582, 18.523091, 19.526667, 20.284946 ] }, { "date": "2024-08-23", "close": 16.2, "volume": 1129584, "typical_volume": 924975.85, "trend": 21.017167, "fair_value": 14.798574, "relative_strength": -16.243543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.316406, "energy": 76.403707, "activity_lines": [ 16.800667, 18.023455, 19.133214, 19.967946 ] }, { "date": "2024-08-30", "close": 19.09, "volume": 857455, "typical_volume": 917854.5, "trend": 20.910833, "fair_value": 14.77319, "relative_strength": -1.34878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.393525, "energy": 66.283719, "activity_lines": [ 17.280667, 18.105636, 19.038571, 19.843613 ] }, { "date": "2024-09-06", "close": 18.65, "volume": 570641, "typical_volume": 907835.35, "trend": 20.797833, "fair_value": 14.748952, "relative_strength": 1.402637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.207206, "energy": 43.470316, "activity_lines": [ 17.740667, 18.118, 18.91669, 19.697753 ] }, { "date": "2024-09-13", "close": 18.69, "volume": 635649, "typical_volume": 895296.45, "trend": 20.681833, "fair_value": 14.729984, "relative_strength": -4.627618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.911317, "energy": 23.123409, "activity_lines": [ 18.227333, 18.144, 18.817619, 19.561763 ] }, { "date": "2024-09-20", "close": 18.27, "volume": 751909, "typical_volume": 882553.8, "trend": 20.508833, "fair_value": 14.70742, "relative_strength": -8.471573, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.533127, "energy": 19.586268, "activity_lines": [ 18.429333, 18.084909, 18.692429, 19.406161 ] }, { "date": "2024-09-27", "close": 18.25, "volume": 1123173, "typical_volume": 913764.55, "trend": 20.257833, "fair_value": 14.692292, "relative_strength": -9.921893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.514942, "energy": 16.995625, "activity_lines": [ 18.452667, 18.064545, 18.583048, 19.26043 ] }, { "date": "2024-10-04", "close": 18.64, "volume": 1206694, "typical_volume": 948092.7, "trend": 20.026167, "fair_value": 14.676651, "relative_strength": -8.623779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.493249, "energy": 15.608977, "activity_lines": [ 18.469333, 18.159091, 18.524905, 19.156054 ] }, { "date": "2024-10-11", "close": 19.65, "volume": 483578, "typical_volume": 945132.25, "trend": 19.919833, "fair_value": 14.66274, "relative_strength": -5.651148, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.850467, "energy": 11.138611, "activity_lines": [ 18.852667, 18.48, 18.583714, 19.131785 ] }, { "date": "2024-10-18", "close": 17.99, "volume": 798257, "typical_volume": 974833.15, "trend": 19.7885, "fair_value": 14.630625, "relative_strength": -14.444446, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.443178, "energy": 14.303892, "activity_lines": [ 18.616, 18.484545, 18.49519, 19.00728 ] }, { "date": "2024-10-25", "close": 18.08, "volume": 643029, "typical_volume": 980495.05, "trend": 19.671167, "fair_value": 14.605561, "relative_strength": -14.770698, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.312991, "energy": 14.377178, "activity_lines": [ 18.456, 18.478727, 18.429524, 18.897054 ] }, { "date": "2024-11-01", "close": 17.68, "volume": 599174, "typical_volume": 992511.6, "trend": 19.5555, "fair_value": 14.572228, "relative_strength": -15.726534, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.718779, "energy": 19.23738, "activity_lines": [ 18.175333, 18.356727, 18.33719, 18.768591 ] }, { "date": "2024-11-08", "close": 17.52, "volume": 691862, "typical_volume": 987367.7, "trend": 19.4005, "fair_value": 14.539022, "relative_strength": -21.165662, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.709279, "energy": 34.851789, "activity_lines": [ 17.879333, 18.178727, 18.237333, 18.637269 ] }, { "date": "2024-11-15", "close": 12.7, "volume": 1751752, "typical_volume": 1010991.25, "trend": 19.069167, "fair_value": 14.473317, "relative_strength": -40.880558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.842136, "energy": 74.242521, "activity_lines": [ 16.051333, 17.152909, 17.688571, 18.204978 ] }, { "date": "2024-11-22", "close": 7.01, "volume": 10328002, "typical_volume": 1495233.85, "trend": 18.582667, "fair_value": 14.377228, "relative_strength": -67.725678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.376966, "energy": 92.827576, "activity_lines": [ 12.79, 15.200727, 16.627905, 17.426968 ] }, { "date": "2024-11-29", "close": 7.92, "volume": 2384814, "typical_volume": 1533092.6, "trend": 18.113667, "fair_value": 14.263189, "relative_strength": -63.500656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.103712, "energy": 96.281025, "activity_lines": [ 10.564, 13.626364, 15.707238, 16.739054 ] }, { "date": "2024-12-06", "close": 8.52, "volume": 3750280, "typical_volume": 1692931.4, "trend": 17.690667, "fair_value": 14.159407, "relative_strength": -61.619131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.013952, "energy": 91.73192, "activity_lines": [ 9.215333, 12.349273, 14.904095, 16.120108 ] }, { "date": "2024-12-13", "close": 6.45, "volume": 2959772, "typical_volume": 1763997.05, "trend": 17.139, "fair_value": 14.048317, "relative_strength": -70.797462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.821003, "energy": 93.777601, "activity_lines": [ 7.787333, 10.872727, 13.961667, 15.394903 ] }, { "date": "2024-12-20", "close": 6.88, "volume": 3253961, "typical_volume": 1886653.1, "trend": 16.638, "fair_value": 13.94242, "relative_strength": -67.738092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.478108, "energy": 90.095756, "activity_lines": [ 7.240667, 9.696, 13.129429, 14.733032 ] }, { "date": "2024-12-27", "close": 7.1, "volume": 1831808, "typical_volume": 1886393.6, "trend": 16.175, "fair_value": 13.834792, "relative_strength": -66.553419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.019086, "energy": 83.518524, "activity_lines": [ 7.155333, 8.791455, 12.375143, 14.117677 ] }, { "date": "2025-01-03", "close": 7.39, "volume": 1347219, "typical_volume": 1854930.65, "trend": 15.738667, "fair_value": 13.732163, "relative_strength": -64.394482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.766569, "energy": 67.005466, "activity_lines": [ 7.160667, 8.137636, 11.693333, 13.550903 ] }, { "date": "2025-01-10", "close": 5.99, "volume": 728787, "typical_volume": 1834890.8, "trend": 15.295, "fair_value": 13.631907, "relative_strength": -70.035789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.304827, "energy": 68.479858, "activity_lines": [ 6.734667, 7.423636, 10.917714, 12.921957 ] }, { "date": "2025-01-17", "close": 5.12, "volume": 2775522, "typical_volume": 1930794.15, "trend": 14.810667, "fair_value": 13.536843, "relative_strength": -74.680146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.563135, "energy": 69.325569, "activity_lines": [ 6.187333, 6.764, 10.107857, 12.265505 ] }, { "date": "2025-01-24", "close": 5.69, "volume": 1225249, "typical_volume": 1963524.55, "trend": 14.367, "fair_value": 13.448317, "relative_strength": -71.796786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.595889, "energy": 65.989646, "activity_lines": [ 5.918667, 6.433455, 9.41881, 11.677075 ] }, { "date": "2025-01-31", "close": 5.33, "volume": 1197062, "typical_volume": 1991595.2, "trend": 13.937667, "fair_value": 13.346651, "relative_strength": -72.629036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.177369, "energy": 66.215469, "activity_lines": [ 5.609333, 6.164909, 8.75719, 11.094043 ] }, { "date": "2025-02-07", "close": 5.01, "volume": 1121367, "typical_volume": 2010068.1, "trend": 13.418, "fair_value": 13.232933, "relative_strength": -73.746126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.949766, "energy": 65.336981, "activity_lines": [ 5.311333, 5.868727, 8.128714, 10.518065 ] }, { "date": "2025-02-14", "close": 4.84, "volume": 3150088, "typical_volume": 2111413.85, "trend": 12.890333, "fair_value": 13.142244, "relative_strength": -74.786063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.709369, "energy": 66.150044, "activity_lines": [ 5.115333, 5.594545, 7.54719, 9.964645 ] }, { "date": "2025-02-21", "close": 4.79, "volume": 918632, "typical_volume": 2097010.75, "trend": 12.350333, "fair_value": 13.055641, "relative_strength": -73.840431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.590376, "energy": 86.878766, "activity_lines": [ 4.979333, 5.378182, 7.024762, 9.442043 ] }, { "date": "2025-02-28", "close": 4.5, "volume": 971794, "typical_volume": 2121421.55, "trend": 11.872, "fair_value": 12.975321, "relative_strength": -73.845027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.049377, "energy": 86.754558, "activity_lines": [ 4.768667, 5.139273, 6.540667, 8.93557 ] }, { "date": "2025-03-07", "close": 4.85, "volume": 874232, "typical_volume": 2125220.3, "trend": 11.483, "fair_value": 12.899359, "relative_strength": -70.041934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.0717, "energy": 82.483942, "activity_lines": [ 4.754, 5.007273, 6.162048, 8.482538 ] }, { "date": "2025-03-14", "close": 3.91, "volume": 795039, "typical_volume": 2132820.8, "trend": 11.090333, "fair_value": 12.816314, "relative_strength": -74.572034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.459497, "energy": 87.850791, "activity_lines": [ 4.458, 4.745273, 5.756476, 7.993957 ] }, { "date": "2025-03-21", "close": 3.56, "volume": 1005205, "typical_volume": 2153122.35, "trend": 10.669, "fair_value": 12.715737, "relative_strength": -76.308801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.35693, "energy": 71.230254, "activity_lines": [ 4.118667, 4.482909, 5.385048, 7.508129 ] }, { "date": "2025-03-28", "close": 3.44, "volume": 1029578, "typical_volume": 2170008.15, "trend": 10.147333, "fair_value": 12.612788, "relative_strength": -75.945652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.811389, "energy": 69.958103, "activity_lines": [ 3.824667, 4.242909, 5.069429, 7.041742 ] }, { "date": "2025-04-04", "close": 2.61, "volume": 1694823, "typical_volume": 2167161.7, "trend": 9.612667, "fair_value": 12.51734, "relative_strength": -79.198895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.497627, "energy": 82.864641, "activity_lines": [ 3.344, 3.882545, 4.74181, 6.555462 ] }, { "date": "2025-04-11", "close": 2.57, "volume": 1804676, "typical_volume": 1740995.4, "trend": 9.075333, "fair_value": 12.424199, "relative_strength": -80.372763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.79476, "energy": 78.091108, "activity_lines": [ 2.976, 3.570909, 4.458429, 6.101097 ] }, { "date": "2025-04-18", "close": 3.14, "volume": 1209143, "typical_volume": 1682211.85, "trend": 8.571, "fair_value": 12.342981, "relative_strength": -74.653885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.024776, "energy": 67.68263, "activity_lines": [ 2.95, 3.413091, 4.250476, 5.718172 ] }, { "date": "2025-04-25", "close": 3.36, "volume": 1327799, "typical_volume": 1561087.8, "trend": 8.074667, "fair_value": 12.286571, "relative_strength": -73.726808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.143595, "energy": 66.136242, "activity_lines": [ 3.048667, 3.329273, 4.086238, 5.381978 ] }, { "date": "2025-05-02", "close": 3.93, "volume": 1298111, "typical_volume": 1478004.75, "trend": 7.584333, "fair_value": 12.233558, "relative_strength": -69.361528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.123431, "energy": 58.352936, "activity_lines": [ 3.350667, 3.376, 4.000857, 5.114581 ] }, { "date": "2025-05-09", "close": 3.7, "volume": 914360, "typical_volume": 1361024.7, "trend": 7.052667, "fair_value": 12.193814, "relative_strength": -70.215614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.036958, "energy": 44.912158, "activity_lines": [ 3.543333, 3.396545, 3.905571, 4.863978 ] }, { "date": "2025-05-16", "close": 4.37, "volume": 1069695, "typical_volume": 1322919.05, "trend": 6.598667, "fair_value": 12.16766, "relative_strength": -65.983764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.893981, "energy": 29.39296, "activity_lines": [ 3.886667, 3.553455, 3.889238, 4.690903 ] }, { "date": "2025-05-23", "close": 5.06, "volume": 734160, "typical_volume": 1292266.1, "trend": 6.164667, "fair_value": 12.136635, "relative_strength": -58.423966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.945884, "energy": 20.238619, "activity_lines": [ 4.34, 3.844545, 3.951619, 4.591634 ] }, { "date": "2025-05-30", "close": 5.84, "volume": 641635, "typical_volume": 1287908.5, "trend": 5.77, "fair_value": 12.11516, "relative_strength": -51.539006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 18.089951, "energy": 30.115813, "activity_lines": [ 4.925333, 4.256545, 4.099381, 4.570688 ] }, { "date": "2025-06-06", "close": 5.44, "volume": 725337, "typical_volume": 1185399.25, "trend": 5.367333, "fair_value": 12.094135, "relative_strength": -54.488203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.97624, "energy": 32.240482, "activity_lines": [ 5.212, 4.554364, 4.209762, 4.549398 ] }, { "date": "2025-06-13", "close": 5.33, "volume": 556377, "typical_volume": 1151955.65, "trend": 5.121667, "fair_value": 12.070737, "relative_strength": -53.964593, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.907269, "energy": 38.692726, "activity_lines": [ 5.361333, 4.795818, 4.308143, 4.546989 ] }, { "date": "2025-06-20", "close": 5.95, "volume": 367308, "typical_volume": 1110467.95, "trend": 5.086333, "fair_value": 12.032724, "relative_strength": -47.216657, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.216455, "energy": 56.358641, "activity_lines": [ 5.608667, 5.100545, 4.467286, 4.60043 ] }, { "date": "2025-06-27", "close": 5.79, "volume": 708706, "typical_volume": 1089834.9, "trend": 5.015333, "fair_value": 11.992917, "relative_strength": -49.350276, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.818382, "energy": 45.679304, "activity_lines": [ 5.697333, 5.314727, 4.608238, 4.645828 ] }, { "date": "2025-07-04", "close": 5.52, "volume": 275989, "typical_volume": 946129.95, "trend": 4.915333, "fair_value": 11.955417, "relative_strength": -51.203994, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.229572, "energy": 36.085922, "activity_lines": [ 5.647333, 5.431636, 4.719762, 4.678387 ] }, { "date": "2025-07-11", "close": 6.44, "volume": 616264, "typical_volume": 931011.55, "trend": 4.915, "fair_value": 11.925481, "relative_strength": -41.181818, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.415008, "energy": 46.603128, "activity_lines": [ 5.925333, 5.676545, 4.915667, 4.776753 ] }, { "date": "2025-07-18", "close": 6.04, "volume": 417232, "typical_volume": 903283.45, "trend": 4.887, "fair_value": 11.900096, "relative_strength": -43.72266, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.536819, "energy": 38.413025, "activity_lines": [ 6.003333, 5.803091, 5.065619, 4.849333 ] }, { "date": "2025-07-25", "close": 6.34, "volume": 373739, "typical_volume": 878258.8, "trend": 4.861667, "fair_value": 11.875353, "relative_strength": -39.362857, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.561823, "energy": 56.47882, "activity_lines": [ 6.134, 5.941636, 5.23681, 4.943075 ] }, { "date": "2025-08-01", "close": 6.17, "volume": 364158, "typical_volume": 856714.75, "trend": 4.821, "fair_value": 11.850865, "relative_strength": -37.637686, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.273823, "energy": 59.311265, "activity_lines": [ 6.182, 6.013455, 5.384714, 5.027484 ] }, { "date": "2025-08-08", "close": 5.04, "volume": 370518, "typical_volume": 824980.4, "trend": 4.789333, "fair_value": 11.820288, "relative_strength": -49.359084, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.793871, "energy": 29.803763, "activity_lines": [ 5.828, 5.859636, 5.414238, 5.041613 ] }, { "date": "2025-08-15", "close": 5.485, "volume": 454572, "typical_volume": 796230.1, "trend": 4.8015, "fair_value": 11.795, "relative_strength": -43.671222, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.260674, "energy": 22.25072, "activity_lines": [ 5.654333, 5.801273, 5.479095, 5.086495 ] }, { "date": "2025-08-22", "close": 5.35, "volume": 228999, "typical_volume": 722938.9, "trend": 4.790167, "fair_value": 11.76141, "relative_strength": -42.942374, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.979745, "energy": 19.719533, "activity_lines": [ 5.499333, 5.717545, 5.521357, 5.121882 ] }, { "date": "2025-08-29", "close": 4.81, "volume": 181813, "typical_volume": 641795.75, "trend": 4.772833, "fair_value": 11.724359, "relative_strength": -46.562222, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.271891, "energy": 18.513672, "activity_lines": [ 5.210333, 5.535273, 5.499143, 5.123161 ] }, { "date": "2025-09-05", "close": 5.69, "volume": 154078, "typical_volume": 589042.5, "trend": 4.7955, "fair_value": 11.682244, "relative_strength": -34.873391, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.317815, "energy": 14.897432, "activity_lines": [ 5.316667, 5.533727, 5.550071, 5.182333 ] }, { "date": "2025-09-12", "close": 4.51, "volume": 417495, "typical_volume": 543527.3, "trend": 4.7845, "fair_value": 11.636859, "relative_strength": -47.178888, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.853346, "energy": 12.853839, "activity_lines": [ 5.061667, 5.319455, 5.476476, 5.163914 ] }, { "date": "2025-09-19", "close": 4.89, "volume": 366999, "typical_volume": 496971.7, "trend": 4.787833, "fair_value": 11.599487, "relative_strength": -41.633251, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.208455, "energy": 14.522256, "activity_lines": [ 4.968667, 5.192636, 5.433595, 5.17072 ] }, { "date": "2025-09-26", "close": 5.54, "volume": 271905, "typical_volume": 464848.95, "trend": 4.8225, "fair_value": 11.570673, "relative_strength": -30.879136, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.591623, "energy": 10.954492, "activity_lines": [ 5.132, 5.212182, 5.448048, 5.219247 ] }, { "date": "2025-10-03", "close": 5.0, "volume": 276095, "typical_volume": 425168.95, "trend": 4.8275, "fair_value": 11.53734, "relative_strength": -35.583728, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.561538, "energy": 10.504387, "activity_lines": [ 5.102667, 5.142636, 5.40231, 5.230699 ] }, { "date": "2025-10-10", "close": 5.0, "volume": 861230, "typical_volume": 431522.45, "trend": 4.863833, "fair_value": 11.500801, "relative_strength": -30.826468, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.617164, "energy": 7.941028, "activity_lines": [ 5.060667, 5.097455, 5.353571, 5.241828 ] }, { "date": "2025-10-17", "close": 6.5, "volume": 837799, "typical_volume": 441330.65, "trend": 4.961833, "fair_value": 11.470353, "relative_strength": -8.519433, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.539909, "energy": 25.346934, "activity_lines": [ 5.564667, 5.346273, 5.447976, 5.347387 ] }, { "date": "2025-10-24", "close": 7.3, "volume": 1291986, "typical_volume": 469663.1, "trend": 5.0905, "fair_value": 11.448686, "relative_strength": 4.807041, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.126487, "energy": 55.218949, "activity_lines": [ 6.202667, 5.714, 5.615429, 5.498237 ] }, { "date": "2025-10-31", "close": 7.16, "volume": 743883, "typical_volume": 479038.4, "trend": 5.242167, "fair_value": 11.409712, "relative_strength": 5.343065, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.591894, "energy": 67.244978, "activity_lines": [ 6.633333, 6.023273, 5.76069, 5.631753 ] }, { "date": "2025-11-07", "close": 6.58, "volume": 974248, "typical_volume": 509385.4, "trend": 5.375833, "fair_value": 11.368494, "relative_strength": 4.232248, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.307278, "energy": 65.565923, "activity_lines": [ 6.762667, 6.194182, 5.842, 5.718065 ] }, { "date": "2025-11-14", "close": 6.83, "volume": 937577, "typical_volume": 520828.95, "trend": 5.498833, "fair_value": 11.330801, "relative_strength": 11.346487, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.017487, "energy": 67.120981, "activity_lines": [ 6.87, 6.378364, 5.944119, 5.811882 ] }, { "date": "2025-11-21", "close": 6.31, "volume": 1270650, "typical_volume": 570562.0, "trend": 5.597167, "fair_value": 11.278365, "relative_strength": 6.805386, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.415562, "energy": 44.352954, "activity_lines": [ 6.682, 6.447273, 5.991762, 5.864215 ] }, { "date": "2025-11-28", "close": 6.74, "volume": 1062547, "typical_volume": 592876.15, "trend": 5.690833, "fair_value": 11.212596, "relative_strength": 9.705871, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.910742, "energy": 33.521361, "activity_lines": [ 6.65, 6.561636, 6.076595, 5.937946 ] }, { "date": "2025-12-05", "close": 6.96, "volume": 2191951, "typical_volume": 681612.1, "trend": 5.7995, "fair_value": 11.157724, "relative_strength": 13.28748, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.41569, "energy": 33.350125, "activity_lines": [ 6.728667, 6.682364, 6.180952, 6.019828 ] }, { "date": "2025-12-12", "close": 6.32, "volume": 1477850, "typical_volume": 736817.65, "trend": 5.8645, "fair_value": 11.104904, "relative_strength": 5.254773, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.029628, "energy": 22.464651, "activity_lines": [ 6.607333, 6.660909, 6.219976, 6.053409 ] }, { "date": "2025-12-19", "close": 6.37, "volume": 1392120, "typical_volume": 788215.75, "trend": 5.908167, "fair_value": 11.054904, "relative_strength": 6.126046, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.779468, "energy": 21.404234, "activity_lines": [ 6.52, 6.624545, 6.263857, 6.086022 ] }, { "date": "2025-12-26", "close": 6.2, "volume": 973248, "typical_volume": 818352.25, "trend": 5.920167, "fair_value": 10.996891, "relative_strength": 2.784919, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.609457, "energy": 16.531367, "activity_lines": [ 6.406667, 6.532364, 6.290595, 6.104849 ] }, { "date": "2026-01-02", "close": 6.15, "volume": 1582569, "typical_volume": 874752.1, "trend": 5.943833, "fair_value": 10.941699, "relative_strength": 4.640107, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.608242, "energy": 16.947796, "activity_lines": [ 6.284, 6.436545, 6.307048, 6.119677 ] }, { "date": "2026-01-09", "close": 5.52, "volume": 1936508, "typical_volume": 960127.55, "trend": 5.950167, "fair_value": 10.885801, "relative_strength": -7.539247, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.682769, "energy": 10.343775, "activity_lines": [ 5.990667, 6.247091, 6.260333, 6.092333 ] }, { "date": "2026-01-16", "close": 5.04, "volume": 1809236, "typical_volume": 1041498.7, "trend": 5.919833, "fair_value": 10.833494, "relative_strength": -14.545022, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.690221, "energy": 28.982977, "activity_lines": [ 5.633333, 6.000182, 6.167095, 6.033613 ] }, { "date": "2026-01-23", "close": 5.67, "volume": 1457971, "typical_volume": 1106693.35, "trend": 5.915833, "fair_value": 10.783301, "relative_strength": -3.758679, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.862786, "energy": 30.74081, "activity_lines": [ 5.571333, 5.895818, 6.132762, 6.017495 ] }, { "date": "2026-01-30", "close": 4.82, "volume": 975358, "typical_volume": 1134586.5, "trend": 5.8925, "fair_value": 10.730929, "relative_strength": -17.655206, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.152246, "energy": 47.085195, "activity_lines": [ 5.272667, 5.658, 6.017571, 5.946796 ] }, { "date": "2026-02-06", "close": 4.75, "volume": 1128797, "typical_volume": 1172676.4, "trend": 5.836167, "fair_value": 10.677404, "relative_strength": -16.912589, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.490777, "energy": 52.441592, "activity_lines": [ 5.042667, 5.434545, 5.894238, 5.873086 ] }, { "date": "2026-02-13", "close": 4.45, "volume": 941838, "typical_volume": 1206173.05, "trend": 5.783167, "fair_value": 10.624391, "relative_strength": -20.893569, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.951187, "energy": 57.429867, "activity_lines": [ 4.806, 5.192727, 5.743, 5.783656 ] }, { "date": "2026-02-20", "close": 5.0, "volume": 611310, "typical_volume": 1222933.8, "trend": 5.7385, "fair_value": 10.576378, "relative_strength": -11.952336, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.330979, "energy": 61.360726, "activity_lines": [ 4.824, 5.096545, 5.649333, 5.733129 ] }, { "date": "2026-02-27", "close": 5.44, "volume": 623691, "typical_volume": 1211056.85, "trend": 5.714167, "fair_value": 10.539712, "relative_strength": -3.975878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.5884, "energy": 40.960038, "activity_lines": [ 4.991333, 5.104364, 5.597571, 5.713871 ] }, { "date": "2026-03-06", "close": 6.23, "volume": 1762894, "typical_volume": 1257311.6, "trend": 5.753833, "fair_value": 10.520673, "relative_strength": 11.242099, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.200139, "energy": 14.591329, "activity_lines": [ 5.437333, 5.272727, 5.618952, 5.747151 ] }, { "date": "2026-03-13", "close": 6.9, "volume": 1543661, "typical_volume": 1269895.35, "trend": 5.801, "fair_value": 10.509135, "relative_strength": 23.584082, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.163358, "energy": 24.585624, "activity_lines": [ 6.012667, 5.562364, 5.705429, 5.821097 ] }, { "date": "2026-03-20", "close": 6.17, "volume": 1894382, "typical_volume": 1327420.3, "trend": 5.828333, "fair_value": 10.489776, "relative_strength": 11.999366, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.941873, "energy": 22.016011, "activity_lines": [ 6.201333, 5.705636, 5.724286, 5.844903 ] }, { "date": "2026-03-27", "close": 4.93, "volume": 2194329, "typical_volume": 1388424.35, "trend": 5.832333, "fair_value": 10.481635, "relative_strength": -7.786494, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.429343, "energy": 17.434549, "activity_lines": [ 5.862, 5.611636, 5.629762, 5.786946 ] }, { "date": "2026-04-03", "close": 5.94, "volume": 1224987, "typical_volume": 1402794.85, "trend": 5.840667, "fair_value": 10.479135, "relative_strength": 6.003478, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.186637, "energy": 10.558936, "activity_lines": [ 5.864, 5.703273, 5.639286, 5.793892 ] }, { "date": "2026-04-10", "close": 5.73, "volume": 1940942, "typical_volume": 1436309.45, "trend": 5.881333, "fair_value": 10.476122, "relative_strength": -2.830607, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.119729, "energy": 7.547164, "activity_lines": [ 5.762667, 5.751818, 5.633048, 5.786753 ] }, { "date": "2026-04-17", "close": 7.53, "volume": 2826365, "typical_volume": 1524500.35, "trend": 5.969333, "fair_value": 10.490224, "relative_strength": 19.189685, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.481601, "energy": 17.619143, "activity_lines": [ 6.294667, 6.111091, 5.801, 5.893118 ] }, { "date": "2026-04-24", "close": 7.7, "volume": 2473844, "typical_volume": 1538595.0, "trend": 6.041333, "fair_value": 10.496635, "relative_strength": 18.209631, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.81691, "energy": 46.399662, "activity_lines": [ 6.841333, 6.450727, 5.981381, 6.004774 ] }, { "date": "2026-05-01", "close": 7.13, "volume": 1339047, "typical_volume": 1531654.85, "trend": 6.112333, "fair_value": 10.501635, "relative_strength": 7.264497, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.740305, "energy": 51.667714, "activity_lines": [ 7.096, 6.627636, 6.103952, 6.075011 ] }, { "date": "2026-05-08", "close": 6.97, "volume": 1208344, "typical_volume": 1522466.05, "trend": 6.178, "fair_value": 10.509391, "relative_strength": -1.031931, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.102286, "energy": 54.095961, "activity_lines": [ 7.150667, 6.736727, 6.207429, 6.130344 ] }, { "date": "2026-05-15", "close": 6.1, "volume": 710379, "typical_volume": 1509322.6, "trend": 6.164667, "fair_value": 10.51016, "relative_strength": -13.136918, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.442528, "energy": 30.477162, "activity_lines": [ 6.846667, 6.659818, 6.22519, 6.125312 ] }, { "date": "2026-05-22", "close": 6.2, "volume": 1199070, "typical_volume": 1490147.65, "trend": 6.128, "fair_value": 10.513237, "relative_strength": -12.546095, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.652277, "energy": 7.864757, "activity_lines": [ 6.551333, 6.603455, 6.252952, 6.127591 ] }, { "date": "2026-05-29", "close": 6.9, "volume": 868357, "typical_volume": 1436740.1, "trend": 6.119333, "fair_value": 10.522853, "relative_strength": -5.050648, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.287747, "energy": 17.543162, "activity_lines": [ 6.578, 6.687091, 6.347143, 6.177398 ] }, { "date": "2026-06-05", "close": 6.17, "volume": 948484, "typical_volume": 1393702.5, "trend": 6.105667, "fair_value": 10.524455, "relative_strength": -10.821499, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.456505, "energy": 17.004255, "activity_lines": [ 6.414667, 6.624727, 6.365238, 6.180667 ] }, { "date": "2026-06-12", "close": 6.69, "volume": 1342057, "typical_volume": 1387906.8, "trend": 6.101, "fair_value": 10.524776, "relative_strength": -5.325124, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.463837, "energy": 14.697769, "activity_lines": [ 6.488667, 6.634364, 6.427476, 6.218366 ] }, { "date": "2026-06-19", "close": 6.93, "volume": 1347354, "typical_volume": 1406506.6, "trend": 6.121667, "fair_value": 10.526571, "relative_strength": -4.109257, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.29564, "energy": 21.327471, "activity_lines": [ 6.661333, 6.674, 6.507714, 6.271849 ] }, { "date": "2026-06-26", "close": 10.14, "volume": 5250945, "typical_volume": 1612614.0, "trend": 6.235, "fair_value": 10.556314, "relative_strength": 45.841233, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.714159, "energy": 70.581453, "activity_lines": [ 7.848667, 7.275455, 6.883619, 6.531097 ] }, { "date": "2026-07-03", "close": 10.39, "volume": 3123910, "typical_volume": 1721717.6, "trend": 6.349333, "fair_value": 10.586186, "relative_strength": 46.836313, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.479956, "energy": 85.735879, "activity_lines": [ 8.856667, 7.874909, 7.257667, 6.799161 ] }, { "date": "2026-07-10", "close": 9.09, "volume": 2289100, "typical_volume": 1805607.1, "trend": 6.441667, "fair_value": 10.607276, "relative_strength": 25.966916, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.015581, "energy": 78.589722, "activity_lines": [ 9.198667, 8.189091, 7.479619, 6.975978 ] }, { "date": "2026-07-17", "close": 10.5, "volume": 2209644, "typical_volume": 1884904.75, "trend": 6.579333, "fair_value": 10.638942, "relative_strength": 50.570181, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.62468, "energy": 87.740526, "activity_lines": [ 9.816, 8.724, 7.816381, 7.237806 ] }, { "date": "2026-07-24", "close": 11.02, "volume": 2192655, "typical_volume": 1906392.8, "trend": 6.74, "fair_value": 10.674327, "relative_strength": 59.104734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.746792, "energy": 86.90806, "activity_lines": [ 10.352667, 9.289273, 8.178571, 7.524301 ] }, { "date": "2026-07-31", "close": 10.49, "volume": 3778578, "typical_volume": 2018138.65, "trend": 6.884667, "fair_value": 10.705417, "relative_strength": 49.47021, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.520222, "energy": 68.754033, "activity_lines": [ 10.44, 9.668727, 8.467476, 7.766237 ] }, { "date": "2026-08-07", "close": 11.95, "volume": 2076655, "typical_volume": 2027252.3, "trend": 7.099, "fair_value": 10.743814, "relative_strength": 59.696419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.105418, "energy": 74.982938, "activity_lines": [ 10.990667, 10.235636, 8.878333, 8.093032 ] } ], "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." } } }