{ "ticker": { "uuid": "e1a7e980-fb87-4a6d-ace4-a819c60c2eba", "symbol": "VANI", "name": "Vivani Medical 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 66.441, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 63.631, "architecture_energy": 50.238, "architecture_maturity": 37.09, "architecture_confidence": 80.139, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 39.69, "rotation_up": 60.02, "upward_expansion": 83.03, "deceleration": 47.41, "rotation_down": 13.6, "downward_expansion": 9.7 }, "activity_lines": [ 1.334, 1.294364, 1.26119, 1.242065 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 1.41, "trend_reference": 1.238333, "distance_from_trend": 0.138627, "trend_direction": "Weakening", "fair_value": 1.277258, "distance_from_fair_value": 0.103927, "fair_value_direction": "Improving", "relative_strength": -5.192303, "relative_strength_direction": "Improving", "price_momentum": 0.119048, "excess_performance": -0.068406, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.138627, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.028504, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.103927, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.174041, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.051923, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.192448, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.119048, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.984331, "read": "Demand-led" } ], "volume": { "latest": 639807, "relative_activity": 0.337485, "balance": 3.984331, "dry_up": 0.603767, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.11569, "annualized_volatility": 0.599174, "from_high_reference": -0.265625, "from_low_reference": 0.528041 }, "levels": { "trend_reference": 1.238333, "fair_value_reference": 1.277258, "structural_low": 0.92275, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.039438, "positive_rate": 0.388889, "directional_follow_through": 0.388889, "median_excess_return": -0.071371, "regime_survival": 0.555556, "best_return": 2.0, "worst_return": -0.203125, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.111406, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.107265, "regime_survival": 0.5, "best_return": 0.77451, "worst_return": -0.219672, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.21374, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.285981, "regime_survival": 0.4, "best_return": 0.901261, "worst_return": -0.636004, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.083969, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.148697, "regime_survival": 0.0, "best_return": 0.311594, "worst_return": -0.736894, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-06-21", "tenure": "Developing", "return": -0.233129, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-28", "end": "2024-08-02", "tenure": "Developing", "return": -0.047619, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2024-11-08", "tenure": "Established", "return": 0.067797, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-11-29", "tenure": "New", "return": 0.099237, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": -0.112782, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-02-14", "tenure": "Developing", "return": -0.008475, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-06-13", "tenure": "Established", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.111111, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-15", "tenure": "Developing", "return": -0.193548, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-10-17", "tenure": "Developing", "return": 0.362903, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": -0.160494, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-02-27", "tenure": "Established", "return": -0.121429, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-05-08", "tenure": "Developing", "return": 0.017094, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.205128, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.02, "volume": 256560, "typical_volume": 257151.9, "trend": 1.186987, "fair_value": 6.372415, "relative_strength": -42.390708, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.242194, "energy": 25.096004, "activity_lines": [ 1.175333, 1.209273, 1.237834, 1.20881 ] }, { "date": "2023-08-25", "close": 0.9493, "volume": 123054, "typical_volume": 250565.7, "trend": 1.17763, "fair_value": 6.36219, "relative_strength": -44.660585, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.34285, "energy": 52.165824, "activity_lines": [ 1.087767, 1.158055, 1.212387, 1.193475 ] }, { "date": "2023-09-01", "close": 0.93, "volume": 251077, "typical_volume": 254641.85, "trend": 1.15963, "fair_value": 6.353767, "relative_strength": -45.615089, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.159478, "energy": 61.349686, "activity_lines": [ 1.015813, 1.109885, 1.184747, 1.177499 ] }, { "date": "2023-09-08", "close": 0.96, "volume": 244270, "typical_volume": 261658.05, "trend": 1.152297, "fair_value": 6.345594, "relative_strength": -41.446958, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.387117, "energy": 67.438286, "activity_lines": [ 0.975193, 1.073171, 1.160345, 1.16462 ] }, { "date": "2023-09-15", "close": 0.88, "volume": 332850, "typical_volume": 268767.75, "trend": 1.143463, "fair_value": 6.334697, "relative_strength": -43.886326, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.849513, "energy": 74.77967, "activity_lines": [ 0.929907, 1.026456, 1.128467, 1.147052 ] }, { "date": "2023-09-22", "close": 0.95, "volume": 259239, "typical_volume": 203527.6, "trend": 1.14013, "fair_value": 6.324825, "relative_strength": -35.507382, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.408441, "energy": 76.164556, "activity_lines": [ 0.93062, 0.998833, 1.104351, 1.134571 ] }, { "date": "2023-09-29", "close": 1.02, "volume": 227616, "typical_volume": 202933.65, "trend": 1.136797, "fair_value": 6.314177, "relative_strength": -28.917683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.520602, "energy": 57.40721, "activity_lines": [ 0.959333, 0.989209, 1.088712, 1.12682 ] }, { "date": "2023-10-06", "close": 1.03, "volume": 242500, "typical_volume": 204096.0, "trend": 1.135463, "fair_value": 6.303453, "relative_strength": -27.580245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.874707, "energy": 37.488619, "activity_lines": [ 0.986667, 0.986131, 1.075739, 1.11993 ] }, { "date": "2023-10-13", "close": 1.0, "volume": 86911, "typical_volume": 200444.9, "trend": 1.134463, "fair_value": 6.293421, "relative_strength": -28.088183, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.663722, "energy": 28.893358, "activity_lines": [ 0.997333, 0.981598, 1.061671, 1.111191 ] }, { "date": "2023-10-20", "close": 1.0, "volume": 140537, "typical_volume": 202401.35, "trend": 1.134977, "fair_value": 6.283485, "relative_strength": -24.27426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.809054, "energy": 23.782353, "activity_lines": [ 1.005333, 0.982338, 1.049031, 1.102516 ] }, { "date": "2023-10-27", "close": 1.07, "volume": 252401, "typical_volume": 200175.2, "trend": 1.13731, "fair_value": 6.276113, "relative_strength": -15.219122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.981141, "energy": 18.978686, "activity_lines": [ 1.028667, 0.999805, 1.044725, 1.098324 ] }, { "date": "2023-11-03", "close": 1.07, "volume": 72604, "typical_volume": 182541.65, "trend": 1.143813, "fair_value": 6.268395, "relative_strength": -18.633054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.113246, "energy": 17.528902, "activity_lines": [ 1.044, 1.016364, 1.041395, 1.093981 ] }, { "date": "2023-11-10", "close": 0.952, "volume": 189653, "typical_volume": 179464.55, "trend": 1.14188, "fair_value": 6.259113, "relative_strength": -28.342134, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.358693, "energy": 20.563504, "activity_lines": [ 1.016667, 1.009273, 1.02797, 1.081606 ] }, { "date": "2023-11-17", "close": 0.9786, "volume": 125498, "typical_volume": 176340.9, "trend": 1.141497, "fair_value": 6.249251, "relative_strength": -26.846572, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.729972, "energy": 24.361994, "activity_lines": [ 1.0034, 1.006618, 1.018545, 1.071072 ] }, { "date": "2023-11-24", "close": 0.9499, "volume": 62194, "typical_volume": 175686.5, "trend": 1.13616, "fair_value": 6.234379, "relative_strength": -28.588507, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.65191, "energy": 32.368424, "activity_lines": [ 0.981993, 0.998407, 1.007488, 1.058711 ] }, { "date": "2023-12-01", "close": 0.9564, "volume": 65904, "typical_volume": 170934.2, "trend": 1.123707, "fair_value": 6.213587, "relative_strength": -27.238119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.303822, "energy": 41.869768, "activity_lines": [ 0.966093, 0.990107, 0.998384, 1.047113 ] }, { "date": "2023-12-08", "close": 0.9361, "volume": 81922, "typical_volume": 167862.35, "trend": 1.10891, "fair_value": 6.192472, "relative_strength": -27.803409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.94954, "energy": 46.563852, "activity_lines": [ 0.951, 0.978, 0.988698, 1.03501 ] }, { "date": "2023-12-15", "close": 0.89, "volume": 275693, "typical_volume": 177291.5, "trend": 1.09191, "fair_value": 6.166062, "relative_strength": -32.970905, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.821569, "energy": 55.736427, "activity_lines": [ 0.929467, 0.959036, 0.976258, 1.020886 ] }, { "date": "2023-12-22", "close": 1.14, "volume": 718472, "typical_volume": 206263.0, "trend": 1.086577, "fair_value": 6.1251, "relative_strength": -14.595675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.927176, "energy": 11.426749, "activity_lines": [ 0.9954, 0.988073, 0.989342, 1.023989 ] }, { "date": "2023-12-29", "close": 1.02, "volume": 421563, "typical_volume": 221525.9, "trend": 1.075577, "fair_value": 6.095677, "relative_strength": -23.513401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.809691, "energy": 9.971213, "activity_lines": [ 1.010573, 0.992745, 0.991712, 1.019694 ] }, { "date": "2024-01-05", "close": 1.05, "volume": 155207, "typical_volume": 216458.25, "trend": 1.068077, "fair_value": 6.069523, "relative_strength": -18.282152, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.477008, "energy": 11.591827, "activity_lines": [ 1.031073, 1.002509, 0.997892, 1.018044 ] }, { "date": "2024-01-12", "close": 1.01, "volume": 174297, "typical_volume": 219020.4, "trend": 1.058077, "fair_value": 6.043113, "relative_strength": -23.048346, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.522028, "energy": 15.306571, "activity_lines": [ 1.032, 1.005364, 1.000119, 1.014297 ] }, { "date": "2024-01-19", "close": 1.02, "volume": 109178, "typical_volume": 211925.45, "trend": 1.050077, "fair_value": 6.012344, "relative_strength": -23.564417, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.587927, "energy": 9.712567, "activity_lines": [ 1.031333, 1.011127, 1.00301, 1.01184 ] }, { "date": "2024-01-26", "close": 1.03, "volume": 174122, "typical_volume": 208418.05, "trend": 1.044077, "fair_value": 5.977408, "relative_strength": -22.470494, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.439032, "energy": 7.164364, "activity_lines": [ 1.025333, 1.017473, 1.006424, 1.010545 ] }, { "date": "2024-02-02", "close": 1.03, "volume": 88996, "typical_volume": 196225.35, "trend": 1.03741, "fair_value": 5.936895, "relative_strength": -22.249566, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.966846, "energy": 5.731138, "activity_lines": [ 1.026667, 1.022884, 1.009505, 1.009637 ] }, { "date": "2024-02-09", "close": 1.02, "volume": 102213, "typical_volume": 188374.05, "trend": 1.030077, "fair_value": 5.895356, "relative_strength": -23.645463, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.856813, "energy": 6.424937, "activity_lines": [ 1.024, 1.02502, 1.010919, 1.008514 ] }, { "date": "2024-02-16", "close": 1.075, "volume": 509514, "typical_volume": 202468.95, "trend": 1.023243, "fair_value": 5.85744, "relative_strength": -17.627158, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.433296, "energy": 18.073751, "activity_lines": [ 1.041667, 1.036, 1.017238, 1.011412 ] }, { "date": "2024-02-23", "close": 1.07, "volume": 97728, "typical_volume": 195230.35, "trend": 1.017243, "fair_value": 5.830837, "relative_strength": -18.570052, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.138956, "energy": 24.986502, "activity_lines": [ 1.053333, 1.043545, 1.022819, 1.014428 ] }, { "date": "2024-03-01", "close": 3.09, "volume": 179289440, "typical_volume": 9155356.8, "trend": 1.077243, "fair_value": 5.739299, "relative_strength": 125.918056, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.879833, "energy": 73.362551, "activity_lines": [ 1.735, 1.415091, 1.22059, 1.148155 ] }, { "date": "2024-03-08", "close": 2.05, "volume": 6620676, "typical_volume": 9479363.75, "trend": 1.10491, "fair_value": 5.460132, "relative_strength": 51.244054, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.182915, "energy": 68.487218, "activity_lines": [ 1.932667, 1.562091, 1.309362, 1.210913 ] }, { "date": "2024-03-15", "close": 1.97, "volume": 2120930, "typical_volume": 9572790.2, "trend": 1.136577, "fair_value": 5.197376, "relative_strength": 46.009965, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.714848, "energy": 68.131896, "activity_lines": [ 2.035667, 1.675818, 1.385514, 1.266725 ] }, { "date": "2024-03-22", "close": 2.0, "volume": 1497764, "typical_volume": 9644048.2, "trend": 1.1716, "fair_value": 5.035004, "relative_strength": 42.767507, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.551025, "energy": 69.473902, "activity_lines": [ 2.085333, 1.778273, 1.460238, 1.32243 ] }, { "date": "2024-03-29", "close": 1.85, "volume": 704831, "typical_volume": 9669807.1, "trend": 1.202267, "fair_value": 4.892055, "relative_strength": 31.932255, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.819721, "energy": 39.869676, "activity_lines": [ 2.023333, 1.835455, 1.516248, 1.366198 ] }, { "date": "2024-04-05", "close": 2.0, "volume": 1021174, "typical_volume": 9714590.9, "trend": 1.236933, "fair_value": 4.734491, "relative_strength": 42.241417, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.691033, "energy": 34.476857, "activity_lines": [ 1.959333, 1.904818, 1.582267, 1.417665 ] }, { "date": "2024-04-12", "close": 2.07, "volume": 1464156, "typical_volume": 9784689.0, "trend": 1.2766, "fair_value": 4.606222, "relative_strength": 46.606185, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.978897, "energy": 32.830996, "activity_lines": [ 1.991333, 1.969273, 1.650089, 1.471411 ] }, { "date": "2024-04-19", "close": 1.7, "volume": 803242, "typical_volume": 9821555.9, "trend": 1.3016, "fair_value": 4.474427, "relative_strength": 26.540761, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.764983, "energy": 22.607429, "activity_lines": [ 1.898667, 1.947545, 1.677339, 1.498727 ] }, { "date": "2024-04-26", "close": 1.63, "volume": 494863, "typical_volume": 9842202.95, "trend": 1.321933, "fair_value": 4.352376, "relative_strength": 16.507859, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.994997, "energy": 18.756871, "activity_lines": [ 1.800667, 1.900727, 1.694381, 1.519914 ] }, { "date": "2024-05-03", "close": 1.78, "volume": 282869, "typical_volume": 9842561.75, "trend": 1.346933, "fair_value": 4.257055, "relative_strength": 25.964643, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.223788, "energy": 16.220888, "activity_lines": [ 1.777333, 1.871091, 1.722405, 1.549467 ] }, { "date": "2024-05-10", "close": 1.81, "volume": 355727, "typical_volume": 9824424.5, "trend": 1.373933, "fair_value": 4.170773, "relative_strength": 26.315521, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.111577, "energy": 15.619024, "activity_lines": [ 1.768667, 1.834, 1.749048, 1.579342 ] }, { "date": "2024-05-17", "close": 1.995, "volume": 940835, "typical_volume": 9850388.1, "trend": 1.4071, "fair_value": 4.084138, "relative_strength": 36.052799, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.505578, "energy": 16.488144, "activity_lines": [ 1.834333, 1.853818, 1.790119, 1.619411 ] }, { "date": "2024-05-24", "close": 1.67, "volume": 712516, "typical_volume": 9878253.55, "trend": 1.4271, "fair_value": 3.979844, "relative_strength": 12.422354, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.928905, "energy": 13.999402, "activity_lines": [ 1.796667, 1.815545, 1.795595, 1.636372 ] }, { "date": "2024-05-31", "close": 1.63, "volume": 734126, "typical_volume": 9906245.0, "trend": 1.445767, "fair_value": 3.866446, "relative_strength": 11.634826, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 19.335971, "energy": 14.409991, "activity_lines": [ 1.747667, 1.775455, 1.79431, 1.649462 ] }, { "date": "2024-06-07", "close": 1.615, "volume": 377756, "typical_volume": 9919673.9, "trend": 1.467867, "fair_value": 3.748914, "relative_strength": 7.765366, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 10.471981, "energy": 19.518988, "activity_lines": [ 1.693667, 1.739364, 1.788643, 1.660381 ] }, { "date": "2024-06-14", "close": 1.6, "volume": 15752655, "typical_volume": 10698600.55, "trend": 1.48858, "fair_value": 3.634171, "relative_strength": 3.298863, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.954766, "energy": 24.675484, "activity_lines": [ 1.645667, 1.704818, 1.778714, 1.668905 ] }, { "date": "2024-06-21", "close": 1.25, "volume": 1511165, "typical_volume": 10769709.0, "trend": 1.498583, "fair_value": 3.542953, "relative_strength": -19.035121, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.959457, "energy": 54.466914, "activity_lines": [ 1.495, 1.613909, 1.732738, 1.653513 ] }, { "date": "2024-06-28", "close": 1.26, "volume": 508869, "typical_volume": 10790041.8, "trend": 1.508703, "fair_value": 3.465068, "relative_strength": -18.009217, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.592942, "energy": 59.636047, "activity_lines": [ 1.397333, 1.539727, 1.686667, 1.638121 ] }, { "date": "2024-07-05", "close": 1.23, "volume": 255430, "typical_volume": 10777337.6, "trend": 1.5185, "fair_value": 3.392953, "relative_strength": -22.291301, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.484404, "energy": 64.368671, "activity_lines": [ 1.317, 1.468091, 1.636595, 1.62014 ] }, { "date": "2024-07-12", "close": 1.34, "volume": 1022448, "typical_volume": 10823573.6, "trend": 1.5335, "fair_value": 3.32885, "relative_strength": -14.811722, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.89619, "energy": 64.827272, "activity_lines": [ 1.3, 1.423727, 1.596262, 1.608624 ] }, { "date": "2024-07-19", "close": 1.26, "volume": 384891, "typical_volume": 1878346.15, "trend": 1.5375, "fair_value": 3.257504, "relative_strength": -16.202029, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.597665, "energy": 64.424569, "activity_lines": [ 1.274667, 1.372818, 1.547024, 1.590978 ] }, { "date": "2024-07-26", "close": 1.25, "volume": 344413, "typical_volume": 1564533.0, "trend": 1.545167, "fair_value": 3.192055, "relative_strength": -14.36081, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.534536, "energy": 59.167495, "activity_lines": [ 1.268667, 1.330091, 1.505548, 1.57243 ] }, { "date": "2024-08-02", "close": 1.2, "volume": 378048, "typical_volume": 1477388.9, "trend": 1.550167, "fair_value": 3.125324, "relative_strength": -14.756275, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.383932, "energy": 64.55191, "activity_lines": [ 1.246, 1.291818, 1.463119, 1.550161 ] }, { "date": "2024-08-09", "close": 1.18, "volume": 331660, "typical_volume": 1419083.7, "trend": 1.555833, "fair_value": 3.062888, "relative_strength": -16.108301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.314873, "energy": 68.088389, "activity_lines": [ 1.220667, 1.258455, 1.422452, 1.52628 ] }, { "date": "2024-08-16", "close": 1.28, "volume": 323231, "typical_volume": 1400003.7, "trend": 1.5645, "fair_value": 3.003594, "relative_strength": -13.623137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.294795, "energy": 51.568131, "activity_lines": [ 1.232, 1.251455, 1.395214, 1.508484 ] }, { "date": "2024-08-23", "close": 1.36, "volume": 401275, "typical_volume": 1369008.75, "trend": 1.5755, "fair_value": 2.939619, "relative_strength": -9.290881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.29344, "energy": 42.267464, "activity_lines": [ 1.274, 1.265091, 1.37831, 1.49529 ] }, { "date": "2024-08-30", "close": 1.31, "volume": 208869, "typical_volume": 1306244.4, "trend": 1.584833, "fair_value": 2.876094, "relative_strength": -12.087927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.636839, "energy": 34.410517, "activity_lines": [ 1.292667, 1.274, 1.35969, 1.478161 ] }, { "date": "2024-09-06", "close": 1.17, "volume": 851375, "typical_volume": 1308651.05, "trend": 1.589833, "fair_value": 2.814555, "relative_strength": -16.663602, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.798385, "energy": 36.197502, "activity_lines": [ 1.260667, 1.256364, 1.331357, 1.451398 ] }, { "date": "2024-09-13", "close": 1.29, "volume": 370188, "typical_volume": 1302417.3, "trend": 1.597, "fair_value": 2.756863, "relative_strength": -13.440272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.384117, "energy": 32.215006, "activity_lines": [ 1.270667, 1.262182, 1.316976, 1.432054 ] }, { "date": "2024-09-20", "close": 1.23, "volume": 214945, "typical_volume": 1299021.1, "trend": 1.602333, "fair_value": 2.69994, "relative_strength": -18.621447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.036819, "energy": 45.915753, "activity_lines": [ 1.253333, 1.256, 1.2985, 1.408376 ] }, { "date": "2024-09-27", "close": 1.135, "volume": 604740, "typical_volume": 1311471.75, "trend": 1.537167, "fair_value": 2.646638, "relative_strength": -25.431445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.670735, "energy": 62.595164, "activity_lines": [ 1.207667, 1.234545, 1.273595, 1.378226 ] }, { "date": "2024-10-04", "close": 1.18, "volume": 409889, "typical_volume": 1284924.45, "trend": 1.508167, "fair_value": 2.596895, "relative_strength": -22.364097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.399791, "energy": 58.508651, "activity_lines": [ 1.192, 1.223545, 1.25619, 1.355183 ] }, { "date": "2024-10-11", "close": 1.13, "volume": 203340, "typical_volume": 1259465.65, "trend": 1.480167, "fair_value": 2.547985, "relative_strength": -26.352355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.221162, "energy": 64.993752, "activity_lines": [ 1.168333, 1.204727, 1.237905, 1.330785 ] }, { "date": "2024-10-18", "close": 1.3, "volume": 351013, "typical_volume": 1240310.0, "trend": 1.456833, "fair_value": 2.501703, "relative_strength": -15.352738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.977016, "energy": 42.632588, "activity_lines": [ 1.204, 1.218091, 1.238381, 1.319161 ] }, { "date": "2024-10-25", "close": 1.26, "volume": 215250, "typical_volume": 1232184.7, "trend": 1.437167, "fair_value": 2.457087, "relative_strength": -17.804884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.284339, "energy": 27.768932, "activity_lines": [ 1.225667, 1.222, 1.236619, 1.306462 ] }, { "date": "2024-11-01", "close": 1.29, "volume": 290948, "typical_volume": 459099.35, "trend": 1.4135, "fair_value": 2.411318, "relative_strength": -14.334893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.875997, "energy": 17.41101, "activity_lines": [ 1.255333, 1.231727, 1.239405, 1.296968 ] }, { "date": "2024-11-08", "close": 1.26, "volume": 227098, "typical_volume": 394896.0, "trend": 1.3865, "fair_value": 2.367087, "relative_strength": -20.633246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.972312, "energy": 19.445, "activity_lines": [ 1.264667, 1.237273, 1.24081, 1.287065 ] }, { "date": "2024-11-15", "close": 1.31, "volume": 1498402, "typical_volume": 444372.65, "trend": 1.3735, "fair_value": 2.330485, "relative_strength": -14.609736, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.002753, "energy": 11.524524, "activity_lines": [ 1.285333, 1.252818, 1.246929, 1.282129 ] }, { "date": "2024-11-22", "close": 1.34, "volume": 759041, "typical_volume": 469553.2, "trend": 1.363833, "fair_value": 2.298882, "relative_strength": -14.349837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.105834, "energy": 11.340224, "activity_lines": [ 1.304, 1.271273, 1.255667, 1.279968 ] }, { "date": "2024-11-29", "close": 1.44, "volume": 727632, "typical_volume": 454812.4, "trend": 1.3525, "fair_value": 2.273497, "relative_strength": -8.872676, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.882031, "energy": 29.884663, "activity_lines": [ 1.353333, 1.307, 1.273405, 1.284882 ] }, { "date": "2024-12-06", "close": 1.33, "volume": 529638, "typical_volume": 462049.75, "trend": 1.3365, "fair_value": 2.245292, "relative_strength": -18.572024, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.402948, "energy": 28.303722, "activity_lines": [ 1.354, 1.318909, 1.28019, 1.28343 ] }, { "date": "2024-12-13", "close": 1.31, "volume": 553389, "typical_volume": 472498.55, "trend": 1.313667, "fair_value": 2.216959, "relative_strength": -20.536102, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.544527, "energy": 31.149132, "activity_lines": [ 1.345333, 1.323636, 1.284738, 1.28172 ] }, { "date": "2024-12-20", "close": 1.18, "volume": 977445, "typical_volume": 502468.4, "trend": 1.297333, "fair_value": 2.187408, "relative_strength": -26.542773, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -9.135373, "energy": 6.972693, "activity_lines": [ 1.29, 1.302364, 1.276619, 1.273097 ] }, { "date": "2024-12-27", "close": 1.18, "volume": 473425, "typical_volume": 509556.65, "trend": 1.282333, "fair_value": 2.163626, "relative_strength": -27.095402, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.53024, "energy": 23.731615, "activity_lines": [ 1.243333, 1.280182, 1.268595, 1.265527 ] }, { "date": "2025-01-03", "close": 1.28, "volume": 543006, "typical_volume": 520545.4, "trend": 1.271167, "fair_value": 2.140869, "relative_strength": -20.21404, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.555284, "energy": 14.316293, "activity_lines": [ 1.240667, 1.278364, 1.270095, 1.265376 ] }, { "date": "2025-01-10", "close": 1.21, "volume": 555312, "typical_volume": 528247.25, "trend": 1.258167, "fair_value": 2.11901, "relative_strength": -22.838002, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.228046, "energy": 18.44667, "activity_lines": [ 1.225333, 1.263455, 1.264929, 1.26143 ] }, { "date": "2025-01-17", "close": 1.2, "volume": 344571, "typical_volume": 535032.35, "trend": 1.2565, "fair_value": 2.100356, "relative_strength": -25.546732, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.881003, "energy": 22.701051, "activity_lines": [ 1.214667, 1.248182, 1.259524, 1.257677 ] }, { "date": "2025-01-24", "close": 1.23, "volume": 313896, "typical_volume": 508158.4, "trend": 1.2555, "fair_value": 2.082856, "relative_strength": -24.764963, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.168324, "energy": 11.317119, "activity_lines": [ 1.221333, 1.239455, 1.2575, 1.255968 ] }, { "date": "2025-01-31", "close": 1.19, "volume": 446563, "typical_volume": 511977.15, "trend": 1.254167, "fair_value": 2.064331, "relative_strength": -26.125795, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.207179, "energy": 29.919715, "activity_lines": [ 1.211333, 1.224909, 1.251381, 1.251742 ] }, { "date": "2025-02-07", "close": 1.17, "volume": 534423, "typical_volume": 527951.05, "trend": 1.2485, "fair_value": 2.046062, "relative_strength": -27.40499, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.203201, "energy": 35.836514, "activity_lines": [ 1.194, 1.209455, 1.243833, 1.246312 ] }, { "date": "2025-02-14", "close": 1.17, "volume": 348262, "typical_volume": 515127.15, "trend": 1.2455, "fair_value": 2.028562, "relative_strength": -29.31067, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.913122, "energy": 40.191552, "activity_lines": [ 1.184, 1.198909, 1.236571, 1.241247 ] }, { "date": "2025-02-21", "close": 1.15, "volume": 200217, "typical_volume": 504643.55, "trend": 1.242167, "fair_value": 2.010933, "relative_strength": -28.801023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.937169, "energy": 50.903755, "activity_lines": [ 1.17, 1.187636, 1.227238, 1.235086 ] }, { "date": "2025-02-28", "close": 1.11, "volume": 445481, "typical_volume": 516750.6, "trend": 1.239167, "fair_value": 1.994395, "relative_strength": -26.65437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.711426, "energy": 60.831378, "activity_lines": [ 1.146, 1.172, 1.214238, 1.226559 ] }, { "date": "2025-03-07", "close": 1.08, "volume": 301722, "typical_volume": 514286.05, "trend": 1.235833, "fair_value": 1.977279, "relative_strength": -25.04929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.856467, "energy": 70.137366, "activity_lines": [ 1.12, 1.152182, 1.198476, 1.21629 ] }, { "date": "2025-03-14", "close": 1.09, "volume": 582565, "typical_volume": 532651.8, "trend": 1.2295, "fair_value": 1.956574, "relative_strength": -21.2565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.00929, "energy": 69.850744, "activity_lines": [ 1.104667, 1.136, 1.184714, 1.206882 ] }, { "date": "2025-03-21", "close": 1.09, "volume": 229608, "typical_volume": 529584.8, "trend": 1.2205, "fair_value": 1.935292, "relative_strength": -20.262554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.567501, "energy": 72.557731, "activity_lines": [ 1.094667, 1.123273, 1.171762, 1.197882 ] }, { "date": "2025-03-28", "close": 1.11, "volume": 967272, "typical_volume": 566593.5, "trend": 1.213833, "fair_value": 1.914908, "relative_strength": -15.822596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.116816, "energy": 62.575683, "activity_lines": [ 1.096667, 1.116364, 1.161667, 1.190753 ] }, { "date": "2025-04-04", "close": 0.96, "volume": 786375, "typical_volume": 530992.15, "trend": 1.206833, "fair_value": 1.894331, "relative_strength": -17.939177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.519409, "energy": 74.927492, "activity_lines": [ 1.051333, 1.083818, 1.138, 1.174376 ] }, { "date": "2025-04-11", "close": 1.02, "volume": 543643, "typical_volume": 520222.25, "trend": 1.197833, "fair_value": 1.873946, "relative_strength": -17.460898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.986281, "energy": 69.850032, "activity_lines": [ 1.036, 1.067091, 1.121714, 1.162323 ] }, { "date": "2025-04-18", "close": 1.06, "volume": 248273, "typical_volume": 496254.3, "trend": 1.192167, "fair_value": 1.855356, "relative_strength": -11.142693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.906911, "energy": 54.441839, "activity_lines": [ 1.038, 1.060727, 1.110762, 1.15343 ] }, { "date": "2025-04-25", "close": 1.05, "volume": 261804, "typical_volume": 482862.6, "trend": 1.189333, "fair_value": 1.833626, "relative_strength": -16.333772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.118025, "energy": 53.063534, "activity_lines": [ 1.038667, 1.054545, 1.100667, 1.144258 ] }, { "date": "2025-05-02", "close": 1.04, "volume": 142556, "typical_volume": 462320.95, "trend": 1.184667, "fair_value": 1.807888, "relative_strength": -18.720624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.884063, "energy": 42.467876, "activity_lines": [ 1.038667, 1.048727, 1.090952, 1.134624 ] }, { "date": "2025-05-09", "close": 1.04, "volume": 112310, "typical_volume": 419064.2, "trend": 1.181667, "fair_value": 1.786286, "relative_strength": -17.370486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.066087, "energy": 37.936884, "activity_lines": [ 1.043333, 1.044909, 1.082524, 1.12529 ] }, { "date": "2025-05-16", "close": 1.03, "volume": 331513, "typical_volume": 411968.6, "trend": 1.172667, "fair_value": 1.754427, "relative_strength": -21.992759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.696825, "energy": 38.235448, "activity_lines": [ 1.039333, 1.040545, 1.07381, 1.115505 ] }, { "date": "2025-05-23", "close": 1.13, "volume": 452026, "typical_volume": 407419.6, "trend": 1.168333, "fair_value": 1.719844, "relative_strength": -11.381293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.994718, "energy": 19.203002, "activity_lines": [ 1.068, 1.055273, 1.075333, 1.112753 ] }, { "date": "2025-05-30", "close": 1.26, "volume": 405700, "typical_volume": 399939.0, "trend": 1.167333, "fair_value": 1.678497, "relative_strength": -2.154783, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.750581, "energy": 18.649439, "activity_lines": [ 1.135333, 1.092909, 1.089952, 1.118667 ] }, { "date": "2025-06-06", "close": 1.15, "volume": 589456, "typical_volume": 412183.25, "trend": 1.163667, "fair_value": 1.643177, "relative_strength": -11.600615, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.928307, "energy": 20.091311, "activity_lines": [ 1.152, 1.107455, 1.093857, 1.117548 ] }, { "date": "2025-06-13", "close": 1.15, "volume": 539354, "typical_volume": 423456.15, "trend": 1.158333, "fair_value": 1.609779, "relative_strength": -10.27686, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 12.705442, "energy": 24.580821, "activity_lines": [ 1.161333, 1.121273, 1.098, 1.116667 ] }, { "date": "2025-06-20", "close": 1.26, "volume": 1140650, "typical_volume": 458160.5, "trend": 1.155667, "fair_value": 1.573049, "relative_strength": -1.493324, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.160079, "energy": 36.352111, "activity_lines": [ 1.2, 1.151636, 1.113, 1.123226 ] }, { "date": "2025-06-27", "close": 1.32, "volume": 792159, "typical_volume": 471047.3, "trend": 1.151667, "fair_value": 1.542664, "relative_strength": -0.730145, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.962769, "energy": 50.605258, "activity_lines": [ 1.243333, 1.188545, 1.133381, 1.133828 ] }, { "date": "2025-07-04", "close": 1.26, "volume": 256573, "typical_volume": 466462.85, "trend": 1.149333, "fair_value": 1.509972, "relative_strength": -6.458692, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.412866, "energy": 52.602781, "activity_lines": [ 1.254, 1.209818, 1.147333, 1.140817 ] }, { "date": "2025-07-11", "close": 1.4, "volume": 557134, "typical_volume": 484308.7, "trend": 1.152333, "fair_value": 1.478369, "relative_strength": 4.477061, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.978295, "energy": 76.721569, "activity_lines": [ 1.311333, 1.252727, 1.17419, 1.156989 ] }, { "date": "2025-07-18", "close": 1.55, "volume": 1009333, "typical_volume": 512501.3, "trend": 1.164667, "fair_value": 1.451382, "relative_strength": 14.129284, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.310205, "energy": 82.026483, "activity_lines": [ 1.402, 1.316364, 1.214143, 1.182645 ] }, { "date": "2025-07-25", "close": 1.61, "volume": 379400, "typical_volume": 516385.2, "trend": 1.179, "fair_value": 1.427087, "relative_strength": 17.358565, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.304548, "energy": 87.191983, "activity_lines": [ 1.486, 1.381636, 1.257714, 1.211376 ] }, { "date": "2025-08-01", "close": 1.33, "volume": 481765, "typical_volume": 511345.2, "trend": 1.180667, "fair_value": 1.395805, "relative_strength": -0.638418, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.094229, "energy": 66.064494, "activity_lines": [ 1.453333, 1.385455, 1.272095, 1.221118 ] }, { "date": "2025-08-08", "close": 1.38, "volume": 1816924, "typical_volume": 590711.0, "trend": 1.186333, "fair_value": 1.365421, "relative_strength": -0.427756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.023953, "energy": 46.542802, "activity_lines": [ 1.436667, 1.394727, 1.290095, 1.233978 ] }, { "date": "2025-08-15", "close": 1.25, "volume": 467354, "typical_volume": 565715.1, "trend": 1.188, "fair_value": 1.345549, "relative_strength": -9.852281, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.542211, "energy": 27.449821, "activity_lines": [ 1.368667, 1.378182, 1.294333, 1.238086 ] }, { "date": "2025-08-22", "close": 1.24, "volume": 185844, "typical_volume": 535688.55, "trend": 1.188333, "fair_value": 1.324844, "relative_strength": -9.238827, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.367035, "energy": 21.735758, "activity_lines": [ 1.307333, 1.358, 1.296952, 1.241441 ] }, { "date": "2025-08-29", "close": 1.15, "volume": 242268, "typical_volume": 520619.8, "trend": 1.187, "fair_value": 1.309651, "relative_strength": -15.082058, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.613133, "energy": 17.583238, "activity_lines": [ 1.236667, 1.319818, 1.289667, 1.238968 ] }, { "date": "2025-09-05", "close": 1.29, "volume": 308871, "typical_volume": 523649.7, "trend": 1.191, "fair_value": 1.299844, "relative_strength": -5.386792, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.190776, "energy": 19.856877, "activity_lines": [ 1.243333, 1.309091, 1.295095, 1.245613 ] }, { "date": "2025-09-12", "close": 1.21, "volume": 288579, "typical_volume": 524988.45, "trend": 1.192333, "fair_value": 1.286831, "relative_strength": -12.383319, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.573396, "energy": 13.876425, "activity_lines": [ 1.226, 1.284364, 1.29181, 1.246839 ] }, { "date": "2025-09-19", "close": 1.41, "volume": 2097214, "typical_volume": 622721.35, "trend": 1.201, "fair_value": 1.280292, "relative_strength": 0.109785, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.671331, "energy": 13.242564, "activity_lines": [ 1.286667, 1.296909, 1.30681, 1.260882 ] }, { "date": "2025-09-26", "close": 1.43, "volume": 1143426, "typical_volume": 674277.15, "trend": 1.211667, "fair_value": 1.274844, "relative_strength": 1.942053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.914154, "energy": 23.271335, "activity_lines": [ 1.343333, 1.312909, 1.321952, 1.275656 ] }, { "date": "2025-10-03", "close": 1.4, "volume": 608090, "typical_volume": 688106.0, "trend": 1.222333, "fair_value": 1.269587, "relative_strength": -1.298221, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 38.229734, "energy": 28.601599, "activity_lines": [ 1.377333, 1.325636, 1.332381, 1.287806 ] }, { "date": "2025-10-10", "close": 1.37, "volume": 470565, "typical_volume": 689032.95, "trend": 1.231667, "fair_value": 1.265805, "relative_strength": -1.189133, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.579287, "energy": 32.035135, "activity_lines": [ 1.384667, 1.336727, 1.33819, 1.297333 ] }, { "date": "2025-10-17", "close": 1.69, "volume": 1899803, "typical_volume": 763738.1, "trend": 1.251667, "fair_value": 1.264138, "relative_strength": 18.827544, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.524656, "energy": 65.123091, "activity_lines": [ 1.493333, 1.405273, 1.373333, 1.326903 ] }, { "date": "2025-10-24", "close": 1.62, "volume": 2166583, "typical_volume": 842594.45, "trend": 1.268667, "fair_value": 1.262536, "relative_strength": 11.413047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.413937, "energy": 62.595958, "activity_lines": [ 1.546667, 1.455455, 1.399762, 1.350667 ] }, { "date": "2025-10-31", "close": 1.61, "volume": 5146080, "typical_volume": 1072930.75, "trend": 1.290333, "fair_value": 1.261062, "relative_strength": 8.708302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.099878, "energy": 63.233356, "activity_lines": [ 1.582667, 1.497091, 1.423, 1.372688 ] }, { "date": "2025-11-07", "close": 1.52, "volume": 1549575, "typical_volume": 1093377.0, "trend": 1.307, "fair_value": 1.259972, "relative_strength": 5.859895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.449012, "energy": 59.151461, "activity_lines": [ 1.576667, 1.515636, 1.435476, 1.387505 ] }, { "date": "2025-11-14", "close": 1.42, "volume": 976536, "typical_volume": 1102595.85, "trend": 1.319, "fair_value": 1.260164, "relative_strength": -0.702204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.858449, "energy": 32.452189, "activity_lines": [ 1.529333, 1.509273, 1.43719, 1.394796 ] }, { "date": "2025-11-21", "close": 1.32, "volume": 1154057, "typical_volume": 1147470.05, "trend": 1.328, "fair_value": 1.259395, "relative_strength": -4.421973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.928757, "energy": 12.450314, "activity_lines": [ 1.445333, 1.482364, 1.428905, 1.39486 ] }, { "date": "2025-11-28", "close": 1.36, "volume": 711486, "typical_volume": 1155187.65, "trend": 1.338667, "fair_value": 1.259267, "relative_strength": -5.666915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.722906, "energy": 16.195974, "activity_lines": [ 1.399333, 1.460727, 1.424143, 1.396925 ] }, { "date": "2025-12-05", "close": 1.4, "volume": 407067, "typical_volume": 1125074.35, "trend": 1.350667, "fair_value": 1.257921, "relative_strength": -3.619693, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.902566, "energy": 18.584252, "activity_lines": [ 1.384, 1.447273, 1.423381, 1.400882 ] }, { "date": "2025-12-12", "close": 1.35, "volume": 1065826, "typical_volume": 1159395.65, "trend": 1.361333, "fair_value": 1.259972, "relative_strength": -5.043545, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.240099, "energy": 16.219435, "activity_lines": [ 1.366, 1.425273, 1.418571, 1.400839 ] }, { "date": "2025-12-19", "close": 1.39, "volume": 1358880, "typical_volume": 1203251.4, "trend": 1.37, "fair_value": 1.262921, "relative_strength": -2.745593, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.978894, "energy": 10.490249, "activity_lines": [ 1.372667, 1.411455, 1.41881, 1.402688 ] }, { "date": "2025-12-26", "close": 1.27, "volume": 975123, "typical_volume": 1161161.35, "trend": 1.370333, "fair_value": 1.265615, "relative_strength": -12.057907, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.392922, "energy": 16.434144, "activity_lines": [ 1.341333, 1.375455, 1.407333, 1.396237 ] }, { "date": "2026-01-02", "close": 1.27, "volume": 928768, "typical_volume": 1184232.05, "trend": 1.374333, "fair_value": 1.26764, "relative_strength": -10.207802, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.825002, "energy": 21.892939, "activity_lines": [ 1.313333, 1.347091, 1.396381, 1.389763 ] }, { "date": "2026-01-09", "close": 1.33, "volume": 470012, "typical_volume": 1198440.45, "trend": 1.380333, "fair_value": 1.268602, "relative_strength": -7.784342, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.491101, "energy": 19.39787, "activity_lines": [ 1.311333, 1.336, 1.391048, 1.386903 ] }, { "date": "2026-01-16", "close": 1.27, "volume": 520835, "typical_volume": 1212368.8, "trend": 1.380667, "fair_value": 1.268987, "relative_strength": -10.981669, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.278576, "energy": 41.983793, "activity_lines": [ 1.294, 1.319091, 1.379571, 1.379785 ] }, { "date": "2026-01-23", "close": 1.48, "volume": 3253136, "typical_volume": 1359582.05, "trend": 1.386, "fair_value": 1.270589, "relative_strength": 3.457729, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.234712, "energy": 8.727503, "activity_lines": [ 1.352, 1.344909, 1.387524, 1.386194 ] }, { "date": "2026-01-30", "close": 1.39, "volume": 4477473, "typical_volume": 1569026.75, "trend": 1.390333, "fair_value": 1.270076, "relative_strength": -2.656267, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.038552, "energy": 14.032162, "activity_lines": [ 1.374, 1.353273, 1.386, 1.386452 ] }, { "date": "2026-02-06", "close": 1.26, "volume": 1902891, "typical_volume": 1559310.6, "trend": 1.385667, "fair_value": 1.270589, "relative_strength": -9.854329, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.512292, "energy": 16.77907, "activity_lines": [ 1.344667, 1.336727, 1.371238, 1.378043 ] }, { "date": "2026-02-13", "close": 1.18, "volume": 1290064, "typical_volume": 1566642.5, "trend": 1.373333, "fair_value": 1.270813, "relative_strength": -14.332286, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.323411, "energy": 26.864352, "activity_lines": [ 1.289333, 1.307455, 1.349571, 1.364774 ] }, { "date": "2026-02-20", "close": 1.3, "volume": 1326763, "typical_volume": 1602576.15, "trend": 1.363, "fair_value": 1.272416, "relative_strength": -6.640074, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.730946, "energy": 36.743234, "activity_lines": [ 1.284, 1.304, 1.340524, 1.360043 ] }, { "date": "2026-02-27", "close": 1.23, "volume": 705529, "typical_volume": 1614324.35, "trend": 1.359667, "fair_value": 1.273121, "relative_strength": -11.319396, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.139207, "energy": 49.716513, "activity_lines": [ 1.253333, 1.288727, 1.325286, 1.351462 ] }, { "date": "2026-03-06", "close": 1.17, "volume": 912401, "typical_volume": 1564954.25, "trend": 1.352667, "fair_value": 1.273762, "relative_strength": -14.400078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.181313, "energy": 56.630348, "activity_lines": [ 1.219333, 1.265455, 1.305, 1.339226 ] }, { "date": "2026-03-13", "close": 1.1, "volume": 828062, "typical_volume": 1498028.2, "trend": 1.347667, "fair_value": 1.274211, "relative_strength": -18.407254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.628765, "energy": 61.636244, "activity_lines": [ 1.176667, 1.231273, 1.280524, 1.322925 ] }, { "date": "2026-03-20", "close": 1.16, "volume": 1792691, "typical_volume": 1330358.75, "trend": 1.345, "fair_value": 1.275335, "relative_strength": -12.020508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.720544, "energy": 59.028019, "activity_lines": [ 1.164667, 1.211091, 1.264238, 1.310817 ] }, { "date": "2026-03-27", "close": 1.02, "volume": 898377, "typical_volume": 1297798.85, "trend": 1.340667, "fair_value": 1.275463, "relative_strength": -19.674589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.893614, "energy": 69.193852, "activity_lines": [ 1.107333, 1.168545, 1.236762, 1.289849 ] }, { "date": "2026-04-03", "close": 1.08, "volume": 1076319, "typical_volume": 1302788.0, "trend": 1.333667, "fair_value": 1.276778, "relative_strength": -17.901364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.806788, "energy": 62.055287, "activity_lines": [ 1.088667, 1.141455, 1.217381, 1.273032 ] }, { "date": "2026-04-10", "close": 1.04, "volume": 554754, "typical_volume": 1272822.85, "trend": 1.328, "fair_value": 1.276971, "relative_strength": -23.957504, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.127195, "energy": 56.45965, "activity_lines": [ 1.066667, 1.114364, 1.19581, 1.254086 ] }, { "date": "2026-04-17", "close": 1.34, "volume": 2406324, "typical_volume": 1357564.75, "trend": 1.325667, "fair_value": 1.279213, "relative_strength": -7.462168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.296029, "energy": 23.989306, "activity_lines": [ 1.153333, 1.148182, 1.204143, 1.25486 ] }, { "date": "2026-04-24", "close": 1.35, "volume": 2311351, "typical_volume": 1452778.95, "trend": 1.323, "fair_value": 1.280752, "relative_strength": -8.626794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.252572, "energy": 13.549302, "activity_lines": [ 1.227333, 1.182364, 1.213524, 1.25643 ] }, { "date": "2026-05-01", "close": 1.36, "volume": 944188, "typical_volume": 1446697.05, "trend": 1.321667, "fair_value": 1.280944, "relative_strength": -9.259694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.352206, "energy": 18.76898, "activity_lines": [ 1.292, 1.215273, 1.224095, 1.258817 ] }, { "date": "2026-05-08", "close": 1.19, "volume": 892678, "typical_volume": 1423386.95, "trend": 1.315667, "fair_value": 1.279726, "relative_strength": -24.437055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.053536, "energy": 24.408802, "activity_lines": [ 1.277333, 1.216182, 1.218429, 1.250323 ] }, { "date": "2026-05-15", "close": 1.17, "volume": 923846, "typical_volume": 1420823.1, "trend": 1.298333, "fair_value": 1.278252, "relative_strength": -25.250483, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.125895, "energy": 15.750238, "activity_lines": [ 1.248667, 1.214182, 1.21181, 1.240925 ] }, { "date": "2026-05-22", "close": 1.2, "volume": 1422398, "typical_volume": 1445504.6, "trend": 1.284333, "fair_value": 1.277611, "relative_strength": -23.885954, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.4433, "energy": 8.32788, "activity_lines": [ 1.221333, 1.217636, 1.208524, 1.234581 ] }, { "date": "2026-05-29", "close": 1.32, "volume": 691204, "typical_volume": 1456564.2, "trend": 1.274667, "fair_value": 1.277419, "relative_strength": -18.165532, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.810535, "energy": 6.128578, "activity_lines": [ 1.243333, 1.241091, 1.217, 1.236882 ] }, { "date": "2026-06-05", "close": 1.18, "volume": 816799, "typical_volume": 1471362.4, "trend": 1.263333, "fair_value": 1.27681, "relative_strength": -23.053287, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.771026, "energy": 16.152106, "activity_lines": [ 1.220667, 1.236182, 1.21219, 1.230774 ] }, { "date": "2026-06-12", "close": 1.1, "volume": 555973, "typical_volume": 1336504.25, "trend": 1.252667, "fair_value": 1.275463, "relative_strength": -29.473943, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.917927, "energy": 22.646854, "activity_lines": [ 1.183333, 1.213818, 1.20019, 1.220237 ] }, { "date": "2026-06-19", "close": 1.15, "volume": 890002, "typical_volume": 1157130.7, "trend": 1.247, "fair_value": 1.274758, "relative_strength": -27.642052, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.341584, "energy": 25.268354, "activity_lines": [ 1.168667, 1.200182, 1.194762, 1.213613 ] }, { "date": "2026-06-26", "close": 1.2, "volume": 1004504, "typical_volume": 1112211.35, "trend": 1.241667, "fair_value": 1.274694, "relative_strength": -20.427042, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.901947, "energy": 29.306813, "activity_lines": [ 1.172, 1.193636, 1.195238, 1.210581 ] }, { "date": "2026-07-03", "close": 1.26, "volume": 1605453, "typical_volume": 1127980.8, "trend": 1.237, "fair_value": 1.274887, "relative_strength": -16.78229, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.221825, "energy": 16.740666, "activity_lines": [ 1.195333, 1.200545, 1.201714, 1.211763 ] }, { "date": "2026-07-10", "close": 1.36, "volume": 16343456, "typical_volume": 1878815.45, "trend": 1.237333, "fair_value": 1.275656, "relative_strength": -11.245114, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.859536, "energy": 11.633492, "activity_lines": [ 1.256, 1.227273, 1.217333, 1.219699 ] }, { "date": "2026-07-17", "close": 1.32, "volume": 2279581, "typical_volume": 1957518.05, "trend": 1.235, "fair_value": 1.275912, "relative_strength": -9.395982, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.105986, "energy": 25.85185, "activity_lines": [ 1.291333, 1.246727, 1.228857, 1.225032 ] }, { "date": "2026-07-24", "close": 1.28, "volume": 1095223, "typical_volume": 1966659.15, "trend": 1.235333, "fair_value": 1.276104, "relative_strength": -9.90387, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.445818, "energy": 29.216123, "activity_lines": [ 1.298667, 1.256545, 1.236143, 1.227935 ] }, { "date": "2026-07-31", "close": 1.28, "volume": 563894, "typical_volume": 1953450.75, "trend": 1.235667, "fair_value": 1.27604, "relative_strength": -9.937822, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.522559, "energy": 33.141684, "activity_lines": [ 1.297333, 1.264364, 1.242905, 1.230817 ] }, { "date": "2026-08-07", "close": 1.41, "volume": 639807, "typical_volume": 1895806.55, "trend": 1.238333, "fair_value": 1.277258, "relative_strength": -5.192303, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.631233, "energy": 50.237911, "activity_lines": [ 1.334, 1.294364, 1.26119, 1.242065 ] } ], "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." } } }