{ "ticker": { "uuid": "dfd0a9f9-3cd8-474c-974b-6b2a34e8e018", "symbol": "TMC", "name": "TMC the metals company Inc", "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": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.856, "architecture_energy": 50.067, "architecture_maturity": 23.527, "architecture_confidence": 88.437, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 18.45, "rotation_up": 15.37, "upward_expansion": 7.57, "deceleration": 45.78, "rotation_down": 64.92, "downward_expansion": 83.24 }, "activity_lines": [ 3.986, 4.146545, 4.596286, 4.841656 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 4.57, "trend_reference": 5.339333, "distance_from_trend": -0.144088, "trend_direction": "Weakening", "fair_value": 3.216385, "distance_from_fair_value": 0.42085, "fair_value_direction": "Weakening", "relative_strength": -31.819881, "relative_strength_direction": "Weakening", "price_momentum": -0.287051, "excess_performance": -0.474505, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.144088, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.119551, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.42085, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.51836, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.318199, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.097425, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.287051, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.379373, "read": "Supply-led" } ], "volume": { "latest": 28076377, "relative_activity": 1.047569, "balance": 0.379373, "dry_up": 0.793275, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.186751, "annualized_volatility": 0.762163, "from_high_reference": -0.597357, "from_low_reference": 0.344118 }, "levels": { "trend_reference": 5.339333, "fair_value_reference": 3.216385, "structural_low": 3.4, "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": 11, "median_return": -0.041748, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": -0.071607, "regime_survival": 0.727273, "best_return": 1.148649, "worst_return": -0.19346, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.319801, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.222997, "regime_survival": 0.25, "best_return": 0.644803, "worst_return": -0.037864, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.517488, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.358588, "regime_survival": 0.0, "best_return": 0.582524, "worst_return": 0.452453, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 2.794979, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 2.498682, "regime_survival": 0.0, "best_return": 4.699029, "worst_return": 0.890929, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-12-01", "end": "2024-03-01", "tenure": "Established", "return": 0.152542, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-05-03", "tenure": "Developing", "return": -0.074074, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-07-26", "tenure": "Developing", "return": -0.205479, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-02", "end": "2024-12-27", "tenure": "Established", "return": 0.067961, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.304, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": -0.049724, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.065574, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-08-15", "tenure": "Established", "return": 0.662162, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-10-03", "tenure": "Developing", "return": 0.524691, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": -0.355093, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2026-03-20", "tenure": "Established", "return": -0.009843, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-29", "tenure": "Developing", "return": 0.416862, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.169922, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.080378, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.2, "volume": 36513116, "typical_volume": 15229685.3, "trend": 1.09982, "fair_value": 1.6586, "relative_strength": 3.196653, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.399475, "energy": 24.057427, "activity_lines": [ 1.23, 1.488909, 1.341332, 1.218357 ] }, { "date": "2023-08-25", "close": 1.27, "volume": 6372052, "typical_volume": 15302317.65, "trend": 1.11281, "fair_value": 1.654827, "relative_strength": 6.91618, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.433868, "energy": 22.030376, "activity_lines": [ 1.208, 1.432545, 1.35018, 1.229337 ] }, { "date": "2023-09-01", "close": 1.19, "volume": 10598591, "typical_volume": 15620854.55, "trend": 1.112477, "fair_value": 1.650358, "relative_strength": -3.312799, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.983204, "energy": 17.057171, "activity_lines": [ 1.196, 1.363455, 1.34897, 1.234317 ] }, { "date": "2023-09-08", "close": 1.19, "volume": 6639322, "typical_volume": 15737210.4, "trend": 1.11581, "fair_value": 1.645973, "relative_strength": -1.925124, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.857443, "energy": 9.985112, "activity_lines": [ 1.201333, 1.298727, 1.346175, 1.239318 ] }, { "date": "2023-09-15", "close": 1.16, "volume": 5626087, "typical_volume": 15874492.25, "trend": 1.11981, "fair_value": 1.641389, "relative_strength": -3.242442, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.965685, "energy": 8.56961, "activity_lines": [ 1.191333, 1.236545, 1.339141, 1.242169 ] }, { "date": "2023-09-22", "close": 1.08, "volume": 6211258, "typical_volume": 16059667.9, "trend": 1.125513, "fair_value": 1.636142, "relative_strength": -6.266322, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.050939, "energy": 8.686345, "activity_lines": [ 1.150667, 1.184727, 1.322844, 1.239601 ] }, { "date": "2023-09-29", "close": 0.9912, "volume": 4846593, "typical_volume": 16149144.2, "trend": 1.123553, "fair_value": 1.63017, "relative_strength": -13.445025, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.767863, "energy": 24.193079, "activity_lines": [ 1.0884, 1.1364, 1.296465, 1.230935 ] }, { "date": "2023-10-06", "close": 0.9365, "volume": 3738318, "typical_volume": 16085493.25, "trend": 1.126447, "fair_value": 1.623806, "relative_strength": -19.055485, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.524032, "energy": 35.741734, "activity_lines": [ 1.026487, 1.093196, 1.26355, 1.218867 ] }, { "date": "2023-10-13", "close": 0.8768, "volume": 3570717, "typical_volume": 16024392.1, "trend": 1.129057, "fair_value": 1.617015, "relative_strength": -23.533332, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.502822, "energy": 51.369211, "activity_lines": [ 0.961573, 1.048475, 1.223964, 1.202761 ] }, { "date": "2023-10-20", "close": 0.86, "volume": 2783311, "typical_volume": 15987763.95, "trend": 1.130847, "fair_value": 1.610195, "relative_strength": -22.187921, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.933993, "energy": 57.827035, "activity_lines": [ 0.91194, 1.004938, 1.181855, 1.185403 ] }, { "date": "2023-10-27", "close": 0.835, "volume": 2573746, "typical_volume": 15449462.8, "trend": 1.13105, "fair_value": 1.603274, "relative_strength": -21.904681, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.351704, "energy": 63.83049, "activity_lines": [ 0.873973, 0.96122, 1.136439, 1.166316 ] }, { "date": "2023-11-03", "close": 1.08, "volume": 4292167, "typical_volume": 14629190.55, "trend": 1.141787, "fair_value": 1.598643, "relative_strength": -4.88561, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.51011, "energy": 53.86048, "activity_lines": [ 0.934007, 0.968684, 1.114584, 1.163022 ] }, { "date": "2023-11-10", "close": 1.0, "volume": 4379689, "typical_volume": 13880528.75, "trend": 1.146547, "fair_value": 1.593392, "relative_strength": -14.211487, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.108808, "energy": 31.444031, "activity_lines": [ 0.961453, 0.965056, 1.086491, 1.153875 ] }, { "date": "2023-11-17", "close": 1.06, "volume": 5451186, "typical_volume": 13559590.4, "trend": 1.151883, "fair_value": 1.588754, "relative_strength": -10.71208, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -43.200752, "energy": 28.580239, "activity_lines": [ 1.004667, 0.975793, 1.06616, 1.148291 ] }, { "date": "2023-11-24", "close": 1.4, "volume": 5325372, "typical_volume": 11845782.95, "trend": 1.1714, "fair_value": 1.587127, "relative_strength": 16.431594, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -0.910348, "energy": 18.234886, "activity_lines": [ 1.149, 1.050711, 1.080924, 1.164298 ] }, { "date": "2023-12-01", "close": 1.18, "volume": 7871757, "typical_volume": 9305241.6, "trend": 1.1861, "fair_value": 1.583647, "relative_strength": -2.052798, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.653128, "energy": 22.137222, "activity_lines": [ 1.184, 1.081265, 1.080117, 1.164853 ] }, { "date": "2023-12-08", "close": 1.12, "volume": 4241438, "typical_volume": 8511694.85, "trend": 1.199687, "fair_value": 1.579718, "relative_strength": -7.60825, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.462265, "energy": 21.078702, "activity_lines": [ 1.176, 1.099093, 1.078262, 1.160589 ] }, { "date": "2023-12-15", "close": 1.155, "volume": 4466420, "typical_volume": 7789354.85, "trend": 1.21386, "fair_value": 1.576149, "relative_strength": -8.014591, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.717588, "energy": 20.061493, "activity_lines": [ 1.177, 1.120942, 1.083074, 1.157706 ] }, { "date": "2023-12-22", "close": 1.11, "volume": 3898718, "typical_volume": 7142061.6, "trend": 1.228097, "fair_value": 1.572264, "relative_strength": -12.780638, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.79456, "energy": 10.943109, "activity_lines": [ 1.152667, 1.130636, 1.085005, 1.151005 ] }, { "date": "2023-12-29", "close": 1.1, "volume": 3925938, "typical_volume": 6666289.8, "trend": 1.24258, "fair_value": 1.568361, "relative_strength": -13.732173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.815522, "energy": 12.556275, "activity_lines": [ 1.121667, 1.134273, 1.085984, 1.142741 ] }, { "date": "2024-01-05", "close": 1.31, "volume": 11041827, "typical_volume": 5392725.35, "trend": 1.256817, "fair_value": 1.566243, "relative_strength": 5.944008, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.885135, "energy": 8.159253, "activity_lines": [ 1.180667, 1.171727, 1.106962, 1.147091 ] }, { "date": "2024-01-12", "close": 1.44, "volume": 11787000, "typical_volume": 5663472.75, "trend": 1.25915, "fair_value": 1.565217, "relative_strength": 12.488901, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.924684, "energy": 29.79164, "activity_lines": [ 1.274333, 1.224182, 1.139798, 1.158909 ] }, { "date": "2024-01-19", "close": 1.25, "volume": 5646071, "typical_volume": 5415846.75, "trend": 1.25315, "fair_value": 1.562675, "relative_strength": -5.001994, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.664137, "energy": 27.411974, "activity_lines": [ 1.283333, 1.235545, 1.153729, 1.158318 ] }, { "date": "2024-01-26", "close": 1.33, "volume": 3947407, "typical_volume": 5281251.0, "trend": 1.24315, "fair_value": 1.560814, "relative_strength": 0.360234, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.552866, "energy": 39.765421, "activity_lines": [ 1.312667, 1.256909, 1.174993, 1.163277 ] }, { "date": "2024-02-02", "close": 1.29, "volume": 3570380, "typical_volume": 5178465.65, "trend": 1.201817, "fair_value": 1.558664, "relative_strength": -3.279216, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.13025, "energy": 37.02351, "activity_lines": [ 1.314, 1.266091, 1.191781, 1.166299 ] }, { "date": "2024-02-09", "close": 1.24, "volume": 8050617, "typical_volume": 5270433.6, "trend": 1.17115, "fair_value": 1.556155, "relative_strength": -8.27036, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.146152, "energy": 17.055715, "activity_lines": [ 1.286, 1.268182, 1.203189, 1.168763 ] }, { "date": "2024-02-16", "close": 1.23, "volume": 4214977, "typical_volume": 5238852.8, "trend": 1.151483, "fair_value": 1.553607, "relative_strength": -7.283059, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 36.996211, "energy": 20.057057, "activity_lines": [ 1.259333, 1.267364, 1.212881, 1.172559 ] }, { "date": "2024-02-23", "close": 1.34, "volume": 3932889, "typical_volume": 5248581.35, "trend": 1.147817, "fair_value": 1.551951, "relative_strength": -0.385224, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.690223, "energy": 23.307667, "activity_lines": [ 1.283333, 1.284545, 1.231913, 1.184722 ] }, { "date": "2024-03-01", "close": 1.36, "volume": 7532748, "typical_volume": 5446682.9, "trend": 1.15615, "fair_value": 1.550475, "relative_strength": -0.606448, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.947635, "energy": 29.5449, "activity_lines": [ 1.308, 1.302, 1.250929, 1.198411 ] }, { "date": "2024-03-08", "close": 1.62, "volume": 8458150, "typical_volume": 5730424.85, "trend": 1.173483, "fair_value": 1.551005, "relative_strength": 19.629275, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.328054, "energy": 62.386865, "activity_lines": [ 1.417333, 1.362182, 1.292405, 1.228337 ] }, { "date": "2024-03-15", "close": 1.67, "volume": 22251007, "typical_volume": 6714287.9, "trend": 1.18915, "fair_value": 1.551907, "relative_strength": 23.832449, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.778941, "energy": 71.526469, "activity_lines": [ 1.521333, 1.422, 1.335024, 1.26037 ] }, { "date": "2024-03-22", "close": 1.63, "volume": 9492623, "typical_volume": 6974310.7, "trend": 1.20115, "fair_value": 1.552494, "relative_strength": 16.588946, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.116182, "energy": 70.757375, "activity_lines": [ 1.583333, 1.468, 1.369857, 1.288812 ] }, { "date": "2024-03-29", "close": 1.43, "volume": 13514389, "typical_volume": 7431045.7, "trend": 1.20915, "fair_value": 1.55158, "relative_strength": 2.439152, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.056278, "energy": 58.991606, "activity_lines": [ 1.552, 1.474182, 1.383024, 1.303577 ] }, { "date": "2024-04-05", "close": 1.69, "volume": 15942386, "typical_volume": 7955605.7, "trend": 1.225817, "fair_value": 1.552605, "relative_strength": 20.97339, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.880905, "energy": 50.016241, "activity_lines": [ 1.601333, 1.524364, 1.418905, 1.334599 ] }, { "date": "2024-04-12", "close": 1.81, "volume": 11818058, "typical_volume": 8280240.0, "trend": 1.247483, "fair_value": 1.554498, "relative_strength": 29.101113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.287048, "energy": 49.056983, "activity_lines": [ 1.668667, 1.589818, 1.463214, 1.372288 ] }, { "date": "2024-04-19", "close": 1.61, "volume": 6636054, "typical_volume": 8218454.85, "trend": 1.26515, "fair_value": 1.554903, "relative_strength": 20.636424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.301944, "energy": 40.557589, "activity_lines": [ 1.656667, 1.609455, 1.486524, 1.395677 ] }, { "date": "2024-04-26", "close": 1.57, "volume": 5537917, "typical_volume": 8283278.8, "trend": 1.284443, "fair_value": 1.555012, "relative_strength": 12.437112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.210284, "energy": 38.786718, "activity_lines": [ 1.635333, 1.615091, 1.503976, 1.415344 ] }, { "date": "2024-05-03", "close": 1.5, "volume": 5801149, "typical_volume": 8350015.25, "trend": 1.303227, "fair_value": 1.554617, "relative_strength": 5.603936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.825912, "energy": 27.197632, "activity_lines": [ 1.594667, 1.601818, 1.512619, 1.429251 ] }, { "date": "2024-05-10", "close": 1.46, "volume": 6278979, "typical_volume": 8469028.3, "trend": 1.322667, "fair_value": 1.553941, "relative_strength": 0.607541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.517807, "energy": 17.413101, "activity_lines": [ 1.536, 1.578364, 1.51581, 1.439366 ] }, { "date": "2024-05-17", "close": 1.38, "volume": 7640671, "typical_volume": 8654764.95, "trend": 1.34, "fair_value": 1.552707, "relative_strength": -7.419705, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.582593, "energy": 15.618476, "activity_lines": [ 1.466, 1.538545, 1.509714, 1.443065 ] }, { "date": "2024-05-24", "close": 1.55, "volume": 6104639, "typical_volume": 8407905.55, "trend": 1.363833, "fair_value": 1.552688, "relative_strength": 1.742579, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.392022, "energy": 16.991861, "activity_lines": [ 1.481333, 1.534, 1.518476, 1.456613 ] }, { "date": "2024-05-31", "close": 1.47, "volume": 5287010, "typical_volume": 8082906.05, "trend": 1.376833, "fair_value": 1.55211, "relative_strength": -2.730414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.086352, "energy": 12.077291, "activity_lines": [ 1.474, 1.517091, 1.518476, 1.463462 ] }, { "date": "2024-06-07", "close": 1.43, "volume": 3518787, "typical_volume": 7976541.85, "trend": 1.391167, "fair_value": 1.551262, "relative_strength": -8.187231, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.952363, "energy": 9.711473, "activity_lines": [ 1.46, 1.495818, 1.514524, 1.466892 ] }, { "date": "2024-06-14", "close": 1.48, "volume": 5169262, "typical_volume": 8037634.6, "trend": 1.405167, "fair_value": 1.55077, "relative_strength": -7.84783, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.839078, "energy": 7.786433, "activity_lines": [ 1.467333, 1.483636, 1.514476, 1.472624 ] }, { "date": "2024-06-21", "close": 1.41, "volume": 3474382, "typical_volume": 8032834.7, "trend": 1.4055, "fair_value": 1.549806, "relative_strength": -11.86711, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.065619, "energy": 8.11551, "activity_lines": [ 1.45, 1.462545, 1.507048, 1.472935 ] }, { "date": "2024-06-28", "close": 1.35, "volume": 4341956, "typical_volume": 7847401.65, "trend": 1.411167, "fair_value": 1.548447, "relative_strength": -14.766481, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.612967, "energy": 26.078046, "activity_lines": [ 1.410667, 1.437818, 1.493333, 1.469355 ] }, { "date": "2024-07-05", "close": 1.52, "volume": 3623427, "typical_volume": 7817824.15, "trend": 1.4245, "fair_value": 1.548255, "relative_strength": -5.184415, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 13.101225, "energy": 14.274506, "activity_lines": [ 1.441333, 1.448727, 1.495286, 1.476376 ] }, { "date": "2024-07-12", "close": 1.43, "volume": 5459740, "typical_volume": 7894166.7, "trend": 1.433667, "fair_value": 1.547461, "relative_strength": -9.014901, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.404584, "energy": 12.335547, "activity_lines": [ 1.438667, 1.444182, 1.487286, 1.476731 ] }, { "date": "2024-07-19", "close": 1.31, "volume": 6990040, "typical_volume": 7867031.3, "trend": 1.440333, "fair_value": 1.545878, "relative_strength": -12.086428, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.489272, "energy": 29.587179, "activity_lines": [ 1.396, 1.419091, 1.467429, 1.468753 ] }, { "date": "2024-07-26", "close": 1.16, "volume": 7859503, "typical_volume": 7837098.95, "trend": 1.442333, "fair_value": 1.543323, "relative_strength": -19.446591, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.090746, "energy": 46.881307, "activity_lines": [ 1.314667, 1.369455, 1.433524, 1.450667 ] }, { "date": "2024-08-02", "close": 1.03, "volume": 5643012, "typical_volume": 7006699.2, "trend": 1.433, "fair_value": 1.539945, "relative_strength": -25.88278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.013802, "energy": 77.653206, "activity_lines": [ 1.206667, 1.300182, 1.389429, 1.424065 ] }, { "date": "2024-08-09", "close": 1.02, "volume": 6170712, "typical_volume": 6840603.65, "trend": 1.419, "fair_value": 1.536547, "relative_strength": -26.526291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.842025, "energy": 80.955813, "activity_lines": [ 1.116667, 1.238545, 1.347429, 1.397419 ] }, { "date": "2024-08-16", "close": 1.07, "volume": 4355071, "typical_volume": 6382637.75, "trend": 1.413, "fair_value": 1.533518, "relative_strength": -26.404407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.798565, "energy": 79.289503, "activity_lines": [ 1.076667, 1.194182, 1.313095, 1.374903 ] }, { "date": "2024-08-23", "close": 1.06, "volume": 2735807, "typical_volume": 5722308.8, "trend": 1.404, "fair_value": 1.530463, "relative_strength": -27.250799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.605433, "energy": 77.977963, "activity_lines": [ 1.057333, 1.154545, 1.279524, 1.352129 ] }, { "date": "2024-08-30", "close": 0.987, "volume": 2999902, "typical_volume": 5281401.0, "trend": 1.3939, "fair_value": 1.526979, "relative_strength": -31.250863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.975749, "energy": 74.223079, "activity_lines": [ 1.030333, 1.109273, 1.242, 1.325226 ] }, { "date": "2024-09-06", "close": 0.9508, "volume": 4219102, "typical_volume": 5160553.4, "trend": 1.38426, "fair_value": 1.472753, "relative_strength": -29.206073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.185927, "energy": 63.034472, "activity_lines": [ 1.0028, 1.065109, 1.204948, 1.296639 ] }, { "date": "2024-09-13", "close": 0.94, "volume": 2996084, "typical_volume": 5033461.75, "trend": 1.374593, "fair_value": 1.41224, "relative_strength": -33.432822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.171627, "energy": 58.297878, "activity_lines": [ 0.976947, 1.02624, 1.170006, 1.267977 ] }, { "date": "2024-09-20", "close": 1.03, "volume": 7050494, "typical_volume": 5095929.0, "trend": 1.36426, "fair_value": 1.386087, "relative_strength": -27.712165, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.241675, "energy": 49.673845, "activity_lines": [ 0.986427, 1.01428, 1.146635, 1.245745 ] }, { "date": "2024-09-27", "close": 1.05, "volume": 3561716, "typical_volume": 4960065.85, "trend": 1.353927, "fair_value": 1.359484, "relative_strength": -26.763988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.779943, "energy": 43.725948, "activity_lines": [ 1.00524, 1.013229, 1.127408, 1.22547 ] }, { "date": "2024-10-04", "close": 1.06, "volume": 1559176, "typical_volume": 4655991.1, "trend": 1.33526, "fair_value": 1.343394, "relative_strength": -25.954635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.283436, "energy": 35.153095, "activity_lines": [ 1.028053, 1.018724, 1.111085, 1.206507 ] }, { "date": "2024-10-11", "close": 1.03, "volume": 2552372, "typical_volume": 4478377.75, "trend": 1.313927, "fair_value": 1.326215, "relative_strength": -28.777685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.286665, "energy": 29.214616, "activity_lines": [ 1.036, 1.020582, 1.093429, 1.186813 ] }, { "date": "2024-10-18", "close": 1.02, "volume": 2049301, "typical_volume": 4316492.3, "trend": 1.293593, "fair_value": 1.311407, "relative_strength": -29.452053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.592174, "energy": 28.122239, "activity_lines": [ 1.035333, 1.020622, 1.077296, 1.16785 ] }, { "date": "2024-10-25", "close": 0.9933, "volume": 3519336, "typical_volume": 4316519.75, "trend": 1.279037, "fair_value": 1.299249, "relative_strength": -31.222453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.929006, "energy": 32.459726, "activity_lines": [ 1.020433, 1.015807, 1.060764, 1.148476 ] }, { "date": "2024-11-01", "close": 0.991, "volume": 2599959, "typical_volume": 4188054.6, "trend": 1.255737, "fair_value": 1.285088, "relative_strength": -29.843391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.723722, "energy": 39.276606, "activity_lines": [ 1.007213, 1.011969, 1.046092, 1.129893 ] }, { "date": "2024-11-08", "close": 0.9775, "volume": 3339800, "typical_volume": 4181325.5, "trend": 1.227987, "fair_value": 1.270137, "relative_strength": -34.061761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.947091, "energy": 46.382952, "activity_lines": [ 0.993427, 1.006931, 1.032463, 1.111942 ] }, { "date": "2024-11-15", "close": 0.995, "volume": 7433916, "typical_volume": 4335923.5, "trend": 1.207487, "fair_value": 1.251515, "relative_strength": -30.151975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.718574, "energy": 44.251288, "activity_lines": [ 0.990973, 1.005247, 1.02256, 1.096911 ] }, { "date": "2024-11-22", "close": 0.9175, "volume": 11591374, "typical_volume": 4734320.85, "trend": 1.185737, "fair_value": 1.237076, "relative_strength": -35.992037, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.827383, "energy": 49.263249, "activity_lines": [ 0.96502, 0.988669, 1.006967, 1.078202 ] }, { "date": "2024-11-29", "close": 0.848, "volume": 4193473, "typical_volume": 4671007.5, "trend": 1.164003, "fair_value": 1.22796, "relative_strength": -40.742825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.795276, "energy": 64.589115, "activity_lines": [ 0.922733, 0.959864, 0.987623, 1.056413 ] }, { "date": "2024-12-06", "close": 0.8565, "volume": 8688031, "typical_volume": 4755907.05, "trend": 1.143887, "fair_value": 1.219733, "relative_strength": -41.551981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.190996, "energy": 62.292389, "activity_lines": [ 0.892967, 0.935913, 0.971861, 1.036574 ] }, { "date": "2024-12-13", "close": 0.8, "volume": 6779197, "typical_volume": 4701891.75, "trend": 1.124553, "fair_value": 1.212361, "relative_strength": -45.310042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.109198, "energy": 72.963096, "activity_lines": [ 0.853333, 0.905207, 0.952877, 1.014388 ] }, { "date": "2024-12-20", "close": 0.74, "volume": 8749928, "typical_volume": 4857237.55, "trend": 1.097553, "fair_value": 1.203963, "relative_strength": -47.778903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.833277, "energy": 85.409306, "activity_lines": [ 0.805533, 0.86832, 0.929893, 0.989578 ] }, { "date": "2024-12-27", "close": 1.1, "volume": 13368471, "typical_volume": 5217125.5, "trend": 1.08522, "fair_value": 1.197681, "relative_strength": -22.752109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.624539, "energy": 31.595808, "activity_lines": [ 0.894733, 0.90216, 0.942576, 0.989735 ] }, { "date": "2025-01-03", "close": 1.25, "volume": 10002492, "typical_volume": 5499496.55, "trend": 1.07922, "fair_value": 1.194604, "relative_strength": -10.972254, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 0.930741, "energy": 10.804293, "activity_lines": [ 1.021767, 0.961818, 0.969164, 1.000366 ] }, { "date": "2025-01-10", "close": 1.14, "volume": 8392109, "typical_volume": 5782311.65, "trend": 1.067887, "fair_value": 1.192104, "relative_strength": -16.216173, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.164394, "energy": 29.67519, "activity_lines": [ 1.085333, 0.996809, 0.984418, 1.004288 ] }, { "date": "2025-01-17", "close": 1.59, "volume": 37119612, "typical_volume": 7488297.15, "trend": 1.073887, "fair_value": 1.193515, "relative_strength": 13.547059, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.107568, "energy": 52.598647, "activity_lines": [ 1.28, 1.110909, 1.042149, 1.037972 ] }, { "date": "2025-01-24", "close": 1.57, "volume": 16346084, "typical_volume": 8094646.25, "trend": 1.08122, "fair_value": 1.19563, "relative_strength": 10.601066, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.252511, "energy": 72.363231, "activity_lines": [ 1.415333, 1.210236, 1.095103, 1.06998 ] }, { "date": "2025-01-31", "close": 1.63, "volume": 9471948, "typical_volume": 8418439.45, "trend": 1.084887, "fair_value": 1.196912, "relative_strength": 16.361338, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.258347, "energy": 84.229414, "activity_lines": [ 1.515333, 1.310018, 1.150823, 1.105385 ] }, { "date": "2025-02-07", "close": 1.81, "volume": 17020840, "typical_volume": 8916956.75, "trend": 1.097553, "fair_value": 1.198643, "relative_strength": 28.495849, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.319135, "energy": 87.555706, "activity_lines": [ 1.64, 1.429573, 1.2204, 1.152166 ] }, { "date": "2025-02-14", "close": 1.88, "volume": 9137689, "typical_volume": 9195755.4, "trend": 1.116553, "fair_value": 1.200566, "relative_strength": 29.116796, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.215574, "energy": 86.902556, "activity_lines": [ 1.750667, 1.544364, 1.29293, 1.202647 ] }, { "date": "2025-02-21", "close": 1.96, "volume": 22175289, "typical_volume": 10226561.05, "trend": 1.14322, "fair_value": 1.201976, "relative_strength": 37.076416, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.792071, "energy": 77.608162, "activity_lines": [ 1.838667, 1.655091, 1.369126, 1.257063 ] }, { "date": "2025-02-28", "close": 1.71, "volume": 10213422, "typical_volume": 10609613.55, "trend": 1.165887, "fair_value": 1.203963, "relative_strength": 23.549284, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.637761, "energy": 55.407613, "activity_lines": [ 1.818667, 1.699273, 1.417227, 1.293629 ] }, { "date": "2025-03-07", "close": 1.82, "volume": 10429055, "typical_volume": 11028601.25, "trend": 1.192553, "fair_value": 1.198963, "relative_strength": 35.887346, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.554331, "energy": 50.044936, "activity_lines": [ 1.826, 1.745818, 1.472566, 1.33583 ] }, { "date": "2025-03-14", "close": 1.85, "volume": 5527799, "typical_volume": 11129024.4, "trend": 1.218553, "fair_value": 1.193451, "relative_strength": 41.634866, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.056233, "energy": 45.900834, "activity_lines": [ 1.830667, 1.784727, 1.526952, 1.378246 ] }, { "date": "2025-03-21", "close": 1.82, "volume": 6193206, "typical_volume": 11308686.75, "trend": 1.243887, "fair_value": 1.195246, "relative_strength": 38.881777, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.002502, "energy": 39.085831, "activity_lines": [ 1.822667, 1.807273, 1.574402, 1.417049 ] }, { "date": "2025-03-28", "close": 1.72, "volume": 15277744, "typical_volume": 11905583.95, "trend": 1.26832, "fair_value": 1.190566, "relative_strength": 33.981868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.627476, "energy": 31.568411, "activity_lines": [ 1.785333, 1.799273, 1.608381, 1.447766 ] }, { "date": "2025-04-04", "close": 1.83, "volume": 32364366, "typical_volume": 13152106.45, "trend": 1.297627, "fair_value": 1.18813, "relative_strength": 57.635688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.171229, "energy": 28.914966, "activity_lines": [ 1.800667, 1.808909, 1.6493, 1.484003 ] }, { "date": "2025-04-11", "close": 1.95, "volume": 15132318, "typical_volume": 13329153.65, "trend": 1.331293, "fair_value": 1.187938, "relative_strength": 56.094138, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.866584, "energy": 34.039686, "activity_lines": [ 1.848, 1.835636, 1.697671, 1.526092 ] }, { "date": "2025-04-18", "close": 2.96, "volume": 100248146, "typical_volume": 18131887.3, "trend": 1.395627, "fair_value": 1.194669, "relative_strength": 137.848399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.48747, "energy": 63.015197, "activity_lines": [ 2.223333, 2.040182, 1.837317, 1.63117 ] }, { "date": "2025-04-25", "close": 3.05, "volume": 110116716, "typical_volume": 23203321.55, "trend": 1.462293, "fair_value": 1.204348, "relative_strength": 125.994234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.843546, "energy": 76.5428, "activity_lines": [ 2.554667, 2.240182, 1.975476, 1.737904 ] }, { "date": "2025-05-02", "close": 2.98, "volume": 50768775, "typical_volume": 25402800.45, "trend": 1.526293, "fair_value": 1.214028, "relative_strength": 109.742675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.929497, "energy": 79.124007, "activity_lines": [ 2.780667, 2.406182, 2.096524, 1.83582 ] }, { "date": "2025-05-09", "close": 3.11, "volume": 26994245, "typical_volume": 26315016.3, "trend": 1.595627, "fair_value": 1.224989, "relative_strength": 114.939986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.01246, "energy": 82.06158, "activity_lines": [ 2.966, 2.577273, 2.219571, 1.937995 ] }, { "date": "2025-05-16", "close": 3.64, "volume": 44215025, "typical_volume": 27857344.0, "trend": 1.68296, "fair_value": 1.239604, "relative_strength": 129.574007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.926117, "energy": 82.157837, "activity_lines": [ 3.242667, 2.819273, 2.38181, 2.06989 ] }, { "date": "2025-05-23", "close": 4.62, "volume": 63849154, "typical_volume": 30549677.1, "trend": 1.80385, "fair_value": 1.259284, "relative_strength": 188.076707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.375222, "energy": 90.867032, "activity_lines": [ 3.733333, 3.206364, 2.625286, 2.259376 ] }, { "date": "2025-05-30", "close": 4.47, "volume": 50229324, "typical_volume": 32641537.85, "trend": 1.919817, "fair_value": 1.278579, "relative_strength": 164.806157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.191521, "energy": 88.722867, "activity_lines": [ 4.063333, 3.515818, 2.838429, 2.431386 ] }, { "date": "2025-06-06", "close": 4.1, "volume": 26643181, "typical_volume": 32117716.3, "trend": 2.0239, "fair_value": 1.29704, "relative_strength": 131.5918, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.075024, "energy": 79.84809, "activity_lines": [ 4.175333, 3.709818, 3.000476, 2.572043 ] }, { "date": "2025-06-13", "close": 4.34, "volume": 35472043, "typical_volume": 33074014.25, "trend": 2.1354, "fair_value": 1.317617, "relative_strength": 139.456199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.878146, "energy": 68.863646, "activity_lines": [ 4.292667, 3.904182, 3.173429, 2.721469 ] }, { "date": "2025-06-20", "close": 6.56, "volume": 105418075, "typical_volume": 37871320.6, "trend": 2.323483, "fair_value": 1.352874, "relative_strength": 243.776542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.043522, "energy": 70.890969, "activity_lines": [ 5.068, 4.456545, 3.544619, 3.006927 ] }, { "date": "2025-06-27", "close": 6.81, "volume": 70731321, "typical_volume": 40556844.65, "trend": 2.522217, "fair_value": 1.389861, "relative_strength": 226.067398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.115519, "energy": 71.070335, "activity_lines": [ 5.732, 4.970545, 3.916143, 3.29638 ] }, { "date": "2025-07-04", "close": 7.11, "volume": 53860342, "typical_volume": 42792977.3, "trend": 2.730667, "fair_value": 1.429062, "relative_strength": 219.797224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.461772, "energy": 78.016448, "activity_lines": [ 6.35, 5.469091, 4.292429, 3.592366 ] }, { "date": "2025-07-11", "close": 6.57, "volume": 51001396, "typical_volume": 44234282.65, "trend": 2.923, "fair_value": 1.465533, "relative_strength": 184.343717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.030667, "energy": 76.830106, "activity_lines": [ 6.612, 5.795636, 4.592381, 3.840065 ] }, { "date": "2025-07-18", "close": 7.64, "volume": 65258773, "typical_volume": 46986550.2, "trend": 3.153, "fair_value": 1.508962, "relative_strength": 210.945344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.779531, "energy": 81.44746, "activity_lines": [ 7.066, 6.251455, 4.972286, 4.144387 ] }, { "date": "2025-07-25", "close": 7.79, "volume": 54635771, "typical_volume": 49196886.0, "trend": 3.376, "fair_value": 1.553168, "relative_strength": 199.412824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.951612, "energy": 72.659459, "activity_lines": [ 7.35, 6.652182, 5.338238, 4.443548 ] }, { "date": "2025-08-01", "close": 5.87, "volume": 63300780, "typical_volume": 52085535.05, "trend": 3.53, "fair_value": 1.584764, "relative_strength": 122.966439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.498634, "energy": 53.64625, "activity_lines": [ 6.912, 6.628364, 5.492905, 4.604452 ] }, { "date": "2025-08-08", "close": 5.62, "volume": 69188547, "typical_volume": 55235302.1, "trend": 3.679333, "fair_value": 1.614379, "relative_strength": 99.726584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.089447, "energy": 39.233706, "activity_lines": [ 6.453333, 6.536364, 5.604619, 4.73929 ] }, { "date": "2025-08-15", "close": 4.92, "volume": 44740071, "typical_volume": 56708418.45, "trend": 3.790333, "fair_value": 1.640248, "relative_strength": 69.832157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.859174, "energy": 23.162738, "activity_lines": [ 5.860667, 6.296182, 5.631571, 4.819333 ] }, { "date": "2025-08-22", "close": 4.86, "volume": 41730997, "typical_volume": 57176750.0, "trend": 3.9, "fair_value": 1.666222, "relative_strength": 65.358548, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.526547, "energy": 26.198706, "activity_lines": [ 5.358, 6.030182, 5.637571, 4.888344 ] }, { "date": "2025-08-29", "close": 5.36, "volume": 47863030, "typical_volume": 58813285.6, "trend": 4.024333, "fair_value": 1.69431, "relative_strength": 78.001038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.816206, "energy": 23.739199, "activity_lines": [ 5.207333, 5.845636, 5.676762, 4.982538 ] }, { "date": "2025-09-05", "close": 5.12, "volume": 36059398, "typical_volume": 55603848.2, "trend": 4.134667, "fair_value": 1.720592, "relative_strength": 64.31566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.58904, "energy": 17.324411, "activity_lines": [ 5.138667, 5.639273, 5.676857, 5.053226 ] }, { "date": "2025-09-12", "close": 5.52, "volume": 25263246, "typical_volume": 51361174.7, "trend": 4.256, "fair_value": 1.747964, "relative_strength": 69.480649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.844809, "energy": 13.452471, "activity_lines": [ 5.253333, 5.536364, 5.704762, 5.142602 ] }, { "date": "2025-09-19", "close": 5.79, "volume": 31052168, "typical_volume": 50375344.35, "trend": 4.383667, "fair_value": 1.778092, "relative_strength": 69.592688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.904152, "energy": 10.501248, "activity_lines": [ 5.464667, 5.511455, 5.746619, 5.24157 ] }, { "date": "2025-09-26", "close": 6.36, "volume": 54473343, "typical_volume": 51749299.25, "trend": 4.538667, "fair_value": 1.812131, "relative_strength": 81.913161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.992038, "energy": 24.06382, "activity_lines": [ 5.808, 5.604364, 5.829381, 5.369075 ] }, { "date": "2025-10-03", "close": 7.41, "volume": 36017611, "typical_volume": 51339428.55, "trend": 4.725, "fair_value": 1.853092, "relative_strength": 102.702449, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.819862, "energy": 51.880853, "activity_lines": [ 6.401333, 5.911455, 5.996667, 5.554323 ] }, { "date": "2025-10-10", "close": 8.885, "volume": 97473360, "typical_volume": 53020638.85, "trend": 4.9595, "fair_value": 1.903188, "relative_strength": 138.858991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.161654, "energy": 76.453941, "activity_lines": [ 7.349667, 6.493636, 6.286476, 5.82271 ] }, { "date": "2025-10-17", "close": 8.19, "volume": 89626596, "typical_volume": 54990502.45, "trend": 5.171833, "fair_value": 1.949406, "relative_strength": 107.644753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.202693, "energy": 74.342965, "activity_lines": [ 7.815333, 6.894636, 6.489786, 6.031129 ] }, { "date": "2025-10-24", "close": 7.13, "volume": 36657382, "typical_volume": 55491212.5, "trend": 5.352167, "fair_value": 1.988877, "relative_strength": 72.07927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.463445, "energy": 69.913729, "activity_lines": [ 7.749667, 7.056182, 6.574429, 6.157462 ] }, { "date": "2025-10-31", "close": 7.07, "volume": 32007521, "typical_volume": 55317986.4, "trend": 5.526833, "fair_value": 2.028512, "relative_strength": 63.08942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.097828, "energy": 59.435154, "activity_lines": [ 7.574667, 7.166636, 6.638929, 6.26829 ] }, { "date": "2025-11-07", "close": 5.73, "volume": 36565675, "typical_volume": 51875366.4, "trend": 5.652833, "fair_value": 2.059692, "relative_strength": 33.578316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.687999, "energy": 19.451011, "activity_lines": [ 6.905667, 6.993273, 6.56281, 6.281398 ] }, { "date": "2025-11-14", "close": 5.08, "volume": 31453045, "typical_volume": 49911452.6, "trend": 5.7235, "fair_value": 2.086776, "relative_strength": 16.579721, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.473937, "energy": 15.480813, "activity_lines": [ 6.132, 6.695, 6.428738, 6.244441 ] }, { "date": "2025-11-21", "close": 5.17, "volume": 47135896, "typical_volume": 49575230.3, "trend": 5.794167, "fair_value": 2.114468, "relative_strength": 20.182679, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.842412, "energy": 23.600625, "activity_lines": [ 5.642, 6.413818, 6.311476, 6.208731 ] }, { "date": "2025-11-28", "close": 6.96, "volume": 42652712, "typical_volume": 49157796.1, "trend": 5.926833, "fair_value": 2.15369, "relative_strength": 50.374483, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.983802, "energy": 24.00392, "activity_lines": [ 5.95, 6.464455, 6.373929, 6.283946 ] }, { "date": "2025-12-05", "close": 7.59, "volume": 62642089, "typical_volume": 49026961.9, "trend": 6.076167, "fair_value": 2.197361, "relative_strength": 58.082238, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.330338, "energy": 18.794926, "activity_lines": [ 6.479333, 6.608364, 6.494524, 6.391247 ] }, { "date": "2025-12-12", "close": 6.64, "volume": 37980075, "typical_volume": 48194177.1, "trend": 6.176167, "fair_value": 2.235553, "relative_strength": 37.757557, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.652734, "energy": 17.587681, "activity_lines": [ 6.657333, 6.557182, 6.524881, 6.427624 ] }, { "date": "2025-12-19", "close": 7.89, "volume": 42559649, "typical_volume": 47157120.55, "trend": 6.285167, "fair_value": 2.282605, "relative_strength": 58.379176, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.133646, "energy": 33.998373, "activity_lines": [ 7.191333, 6.747273, 6.679762, 6.538194 ] }, { "date": "2025-12-26", "close": 6.82, "volume": 35014624, "typical_volume": 45448424.4, "trend": 6.3635, "fair_value": 2.321387, "relative_strength": 32.448566, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.460535, "energy": 28.958113, "activity_lines": [ 7.181333, 6.760909, 6.723119, 6.572699 ] }, { "date": "2026-01-02", "close": 6.78, "volume": 24447653, "typical_volume": 44433803.5, "trend": 6.452833, "fair_value": 2.35946, "relative_strength": 31.341855, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.266433, "energy": 29.198211, "activity_lines": [ 7.048, 6.792182, 6.756952, 6.59957 ] }, { "date": "2026-01-09", "close": 7.0, "volume": 34583433, "typical_volume": 44076425.3, "trend": 6.5415, "fair_value": 2.398883, "relative_strength": 30.029134, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.8802, "energy": 27.12162, "activity_lines": [ 7.0, 6.869818, 6.802881, 6.634871 ] }, { "date": "2026-01-16", "close": 7.24, "volume": 40870585, "typical_volume": 43726803.05, "trend": 6.564167, "fair_value": 2.439812, "relative_strength": 33.094511, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.259436, "energy": 21.214689, "activity_lines": [ 7.071333, 6.992364, 6.861476, 6.679935 ] }, { "date": "2026-01-23", "close": 9.44, "volume": 87472941, "typical_volume": 46297480.2, "trend": 6.651833, "fair_value": 2.494682, "relative_strength": 68.619948, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.484745, "energy": 53.100384, "activity_lines": [ 7.836, 7.487455, 7.120643, 6.865473 ] }, { "date": "2026-01-30", "close": 6.62, "volume": 73350614, "typical_volume": 48701848.6, "trend": 6.6355, "fair_value": 2.529426, "relative_strength": 16.538117, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.593951, "energy": 32.34713, "activity_lines": [ 7.557333, 7.390545, 7.090667, 6.863419 ] }, { "date": "2026-02-06", "close": 6.41, "volume": 49384730, "typical_volume": 49618476.7, "trend": 6.630167, "fair_value": 2.563528, "relative_strength": 13.423127, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.941938, "energy": 15.806821, "activity_lines": [ 7.222, 7.229091, 7.035452, 6.848871 ] }, { "date": "2026-02-13", "close": 6.09, "volume": 25745823, "typical_volume": 48182100.7, "trend": 6.5785, "fair_value": 2.5959, "relative_strength": 7.669025, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.553868, "energy": 6.728745, "activity_lines": [ 6.804667, 7.019455, 6.94681, 6.814022 ] }, { "date": "2026-02-20", "close": 5.87, "volume": 17620177, "typical_volume": 47262229.0, "trend": 6.5145, "fair_value": 2.627702, "relative_strength": 1.381445, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.490656, "energy": 20.645063, "activity_lines": [ 6.374667, 6.797091, 6.8385, 6.768312 ] }, { "date": "2026-02-27", "close": 6.27, "volume": 19996183, "typical_volume": 43388370.15, "trend": 6.527833, "fair_value": 2.661163, "relative_strength": 7.057983, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.023968, "energy": 20.707036, "activity_lines": [ 6.169333, 6.661455, 6.775619, 6.752538 ] }, { "date": "2026-03-06", "close": 5.73, "volume": 22127544, "typical_volume": 40013417.55, "trend": 6.5315, "fair_value": 2.692447, "relative_strength": -2.071694, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.917894, "energy": 38.813042, "activity_lines": [ 5.995333, 6.457091, 6.673762, 6.701065 ] }, { "date": "2026-03-13", "close": 5.97, "volume": 20539434, "typical_volume": 39207520.15, "trend": 6.5665, "fair_value": 2.725598, "relative_strength": 1.826045, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.772759, "energy": 38.224893, "activity_lines": [ 5.960667, 6.316182, 6.606476, 6.664839 ] }, { "date": "2026-03-20", "close": 5.03, "volume": 26099870, "typical_volume": 38912137.6, "trend": 6.572167, "fair_value": 2.752673, "relative_strength": -13.304995, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.784896, "energy": 54.576086, "activity_lines": [ 5.642, 6.019091, 6.45519, 6.56571 ] }, { "date": "2026-03-27", "close": 4.27, "volume": 50177251, "typical_volume": 39592716.4, "trend": 6.535833, "fair_value": 2.774731, "relative_strength": -24.518364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.163693, "energy": 67.021181, "activity_lines": [ 5.140667, 5.619636, 6.241238, 6.417183 ] }, { "date": "2026-04-03", "close": 4.59, "volume": 28281683, "typical_volume": 39434148.3, "trend": 6.518167, "fair_value": 2.799296, "relative_strength": -22.486857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.27641, "energy": 66.425938, "activity_lines": [ 4.852667, 5.332364, 6.064714, 6.291645 ] }, { "date": "2026-04-10", "close": 4.34, "volume": 20903426, "typical_volume": 38122524.8, "trend": 6.478833, "fair_value": 2.821622, "relative_strength": -30.207886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.049356, "energy": 71.423402, "activity_lines": [ 4.593333, 5.087818, 5.866714, 6.151118 ] }, { "date": "2026-04-17", "close": 5.32, "volume": 26228526, "typical_volume": 37301315.5, "trend": 6.463167, "fair_value": 2.849956, "relative_strength": -19.65775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.665507, "energy": 58.215477, "activity_lines": [ 4.753333, 5.062909, 5.766, 6.076355 ] }, { "date": "2026-04-24", "close": 5.11, "volume": 25179554, "typical_volume": 35428188.75, "trend": 6.4215, "fair_value": 2.877491, "relative_strength": -24.666385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.871028, "energy": 41.221538, "activity_lines": [ 4.886667, 5.019636, 5.653095, 5.989054 ] }, { "date": "2026-05-01", "close": 5.4, "volume": 20671649, "typical_volume": 34562767.45, "trend": 6.3545, "fair_value": 2.907369, "relative_strength": -21.881942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.74943, "energy": 31.177278, "activity_lines": [ 5.111333, 5.046909, 5.579619, 5.923151 ] }, { "date": "2026-05-08", "close": 5.7, "volume": 35226215, "typical_volume": 34196095.75, "trend": 6.248333, "fair_value": 2.939341, "relative_strength": -22.077367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.023724, "energy": 22.300478, "activity_lines": [ 5.360667, 5.137273, 5.540619, 5.880925 ] }, { "date": "2026-05-15", "close": 5.42, "volume": 31704948, "typical_volume": 34030611.95, "trend": 6.156, "fair_value": 2.969406, "relative_strength": -25.753579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.584687, "energy": 20.468893, "activity_lines": [ 5.442667, 5.187091, 5.485381, 5.827484 ] }, { "date": "2026-05-22", "close": 5.4, "volume": 26871906, "typical_volume": 34151824.6, "trend": 6.098333, "fair_value": 2.999644, "relative_strength": -26.698856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.626327, "energy": 18.836162, "activity_lines": [ 5.446, 5.238909, 5.434905, 5.77871 ] }, { "date": "2026-05-29", "close": 6.05, "volume": 29039130, "typical_volume": 33874609.45, "trend": 6.064333, "fair_value": 3.03416, "relative_strength": -20.118799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.608995, "energy": 14.719445, "activity_lines": [ 5.660667, 5.419273, 5.452905, 5.775591 ] }, { "date": "2026-06-05", "close": 5.12, "volume": 35139377, "typical_volume": 33588049.05, "trend": 6.044, "fair_value": 3.061321, "relative_strength": -29.143088, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.856891, "energy": 12.746935, "activity_lines": [ 5.502667, 5.412, 5.386857, 5.714667 ] }, { "date": "2026-06-12", "close": 5.43, "volume": 33469658, "typical_volume": 30887884.9, "trend": 6.055667, "fair_value": 3.087347, "relative_strength": -26.446973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.097897, "energy": 9.507748, "activity_lines": [ 5.466667, 5.445636, 5.360429, 5.675054 ] }, { "date": "2026-06-19", "close": 5.13, "volume": 18802954, "typical_volume": 28160501.9, "trend": 6.054333, "fair_value": 3.111065, "relative_strength": -31.603627, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.693819, "energy": 16.760334, "activity_lines": [ 5.348667, 5.409455, 5.324524, 5.615333 ] }, { "date": "2026-06-26", "close": 4.25, "volume": 27906356, "typical_volume": 27086583.2, "trend": 5.964, "fair_value": 3.12786, "relative_strength": -39.931363, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.834874, "energy": 45.890854, "activity_lines": [ 4.956667, 5.198909, 5.211905, 5.498925 ] }, { "date": "2026-07-03", "close": 4.23, "volume": 16654090, "typical_volume": 26631996.55, "trend": 5.852, "fair_value": 3.138757, "relative_strength": -39.928888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.357294, "energy": 59.042981, "activity_lines": [ 4.634667, 5.004182, 5.107667, 5.387054 ] }, { "date": "2026-07-10", "close": 4.21, "volume": 24728792, "typical_volume": 26987427.3, "trend": 5.771, "fair_value": 3.151898, "relative_strength": -40.571782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.113274, "energy": 65.014848, "activity_lines": [ 4.427333, 4.821818, 5.010381, 5.281118 ] }, { "date": "2026-07-17", "close": 3.74, "volume": 20354271, "typical_volume": 27005331.7, "trend": 5.632667, "fair_value": 3.164206, "relative_strength": -44.001246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.909635, "energy": 74.52064, "activity_lines": [ 4.124, 4.575636, 4.876238, 5.150086 ] }, { "date": "2026-07-24", "close": 3.67, "volume": 16434430, "typical_volume": 26720676.0, "trend": 5.527667, "fair_value": 3.178437, "relative_strength": -43.19792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.562887, "energy": 74.556168, "activity_lines": [ 3.91, 4.352364, 4.747476, 5.023462 ] }, { "date": "2026-07-31", "close": 3.56, "volume": 20178579, "typical_volume": 26702633.25, "trend": 5.420333, "fair_value": 3.194142, "relative_strength": -44.585087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.907106, "energy": 73.119331, "activity_lines": [ 3.756667, 4.140909, 4.618048, 4.896516 ] }, { "date": "2026-08-07", "close": 4.57, "volume": 28076377, "typical_volume": 26801458.6, "trend": 5.339333, "fair_value": 3.216385, "relative_strength": -31.819881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.85633, "energy": 50.067331, "activity_lines": [ 3.986, 4.146545, 4.596286, 4.841656 ] } ], "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." } } }