{ "ticker": { "uuid": "e24d4dbc-aadc-4a89-a95c-6aa3fae5fcb1", "symbol": "PRN", "name": "Profound Medical Corp.", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 60.394, "architecture_energy": 54.101, "architecture_maturity": 11.928, "architecture_confidence": 90.539, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 23.75, "rotation_up": 62.89, "upward_expansion": 86.83, "deceleration": 44.79, "rotation_down": 14.7, "downward_expansion": 11.17 }, "activity_lines": [ 10.207333, 9.980909, 9.726143, 9.472065 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 10.3, "trend_reference": 9.371333, "distance_from_trend": 0.099097, "trend_direction": "Improving", "fair_value": 10.079359, "distance_from_fair_value": 0.02189, "fair_value_direction": "Improving", "relative_strength": 3.810905, "relative_strength_direction": "Improving", "price_momentum": 0.174458, "excess_performance": 0.054037, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099097, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.002353, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.02189, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.136877, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.038109, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.036531, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.174458, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.982748, "read": "Demand-led" } ], "volume": { "latest": 87900, "relative_activity": 1.583071, "balance": 1.982748, "dry_up": 1.341288, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.082151, "annualized_volatility": 0.691373, "from_high_reference": -0.169355, "from_low_reference": 0.969407 }, "levels": { "trend_reference": 9.371333, "fair_value_reference": 10.079359, "structural_low": 6.52, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.20134, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.174143, "regime_survival": 0.0, "best_return": 0.2346, "worst_return": 0.168079, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.263587, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.216324, "regime_survival": 0.0, "best_return": 0.522936, "worst_return": 0.004237, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.198276, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.114218, "regime_survival": 0.0, "best_return": 0.201271, "worst_return": 0.195282, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.09887, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.15472, "regime_survival": 0.0, "best_return": -0.09887, "worst_return": -0.09887, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-12", "end": "2024-06-14", "tenure": "Established", "return": 0.093874, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": 0.034739, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-23", "tenure": "Developing", "return": -0.120863, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-30", "end": "2024-09-20", "tenure": "New", "return": -0.154531, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-27", "end": "2024-11-15", "tenure": "Developing", "return": 0.027027, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-06-20", "tenure": "Extended", "return": -0.172479, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-08-15", "tenure": "Developing", "return": -0.260546, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-10-10", "tenure": "Developing", "return": 0.215805, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": 0.096986, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-02-06", "tenure": "Established", "return": -0.069002, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-13", "tenure": "Developing", "return": -0.152809, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.174535, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-07-24", "tenure": "Established", "return": 0.127193, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.007707, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.8, "volume": 17100, "typical_volume": 54385.0, "trend": 15.866333, "fair_value": 16.709039, "relative_strength": -7.506201, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.473331, "energy": 78.624148, "activity_lines": [ 13.219333, 14.662364, 15.798286, 15.757398 ] }, { "date": "2023-08-25", "close": 10.76, "volume": 46000, "typical_volume": 54845.0, "trend": 15.650333, "fair_value": 16.654615, "relative_strength": -15.935679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.364021, "energy": 88.481533, "activity_lines": [ 12.133333, 13.786909, 15.298571, 15.427957 ] }, { "date": "2023-09-01", "close": 12.55, "volume": 23500, "typical_volume": 54280.0, "trend": 15.469667, "fair_value": 16.609167, "relative_strength": -5.81829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.686708, "energy": 81.648374, "activity_lines": [ 12.026, 13.350545, 14.977571, 15.227935 ] }, { "date": "2023-09-08", "close": 12.38, "volume": 17100, "typical_volume": 50175.0, "trend": 15.339, "fair_value": 16.567757, "relative_strength": -5.640684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.937474, "energy": 78.251043, "activity_lines": [ 12.075333, 12.966, 14.644905, 15.028602 ] }, { "date": "2023-09-15", "close": 10.31, "volume": 45500, "typical_volume": 49795.0, "trend": 15.115, "fair_value": 16.488013, "relative_strength": -23.856263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.154463, "energy": 85.459599, "activity_lines": [ 11.469333, 12.288545, 14.132524, 14.704151 ] }, { "date": "2023-09-22", "close": 13.45, "volume": 47900, "typical_volume": 47580.0, "trend": 15.007, "fair_value": 16.4325, "relative_strength": 2.39607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.589741, "energy": 47.753221, "activity_lines": [ 12.099333, 12.309636, 13.944524, 14.596731 ] }, { "date": "2023-09-29", "close": 13.62, "volume": 35900, "typical_volume": 45155.0, "trend": 14.896667, "fair_value": 16.379744, "relative_strength": 3.773122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.911264, "energy": 36.238459, "activity_lines": [ 12.676, 12.430727, 13.793762, 14.507247 ] }, { "date": "2023-10-06", "close": 13.6, "volume": 16500, "typical_volume": 41590.0, "trend": 14.873333, "fair_value": 16.320128, "relative_strength": 3.96362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.710403, "energy": 28.206343, "activity_lines": [ 13.055333, 12.600364, 13.663286, 14.423591 ] }, { "date": "2023-10-13", "close": 12.72, "volume": 7700, "typical_volume": 39980.0, "trend": 14.823333, "fair_value": 16.254872, "relative_strength": -4.878546, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.550361, "energy": 24.809346, "activity_lines": [ 13.071333, 12.649091, 13.467143, 14.284667 ] }, { "date": "2023-10-20", "close": 12.36, "volume": 24500, "typical_volume": 39150.0, "trend": 14.814, "fair_value": 16.184039, "relative_strength": -6.927992, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.82169, "energy": 22.356466, "activity_lines": [ 12.944667, 12.635636, 13.250667, 14.125742 ] }, { "date": "2023-10-27", "close": 11.24, "volume": 19400, "typical_volume": 33225.0, "trend": 14.771, "fair_value": 16.110641, "relative_strength": -14.404178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.429636, "energy": 38.714562, "activity_lines": [ 12.308, 12.432909, 12.953048, 13.895161 ] }, { "date": "2023-11-03", "close": 13.08, "volume": 32400, "typical_volume": 29855.0, "trend": 14.790667, "fair_value": 16.045898, "relative_strength": -6.728847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.67054, "energy": 33.556601, "activity_lines": [ 12.432, 12.574909, 12.871429, 13.786064 ] }, { "date": "2023-11-10", "close": 12.22, "volume": 19800, "typical_volume": 28755.0, "trend": 14.748, "fair_value": 15.968205, "relative_strength": -12.822856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.265072, "energy": 35.282266, "activity_lines": [ 12.305333, 12.518364, 12.726619, 13.620215 ] }, { "date": "2023-11-17", "close": 14.4, "volume": 25300, "typical_volume": 27405.0, "trend": 14.693333, "fair_value": 15.905064, "relative_strength": -0.958395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.249548, "energy": 11.895927, "activity_lines": [ 12.997333, 12.864182, 12.812667, 13.597763 ] }, { "date": "2023-11-24", "close": 14.99, "volume": 26900, "typical_volume": 27805.0, "trend": 14.672, "fair_value": 15.839039, "relative_strength": 2.323137, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.124569, "energy": 13.126209, "activity_lines": [ 13.774, 13.280545, 12.967143, 13.616903 ] }, { "date": "2023-12-01", "close": 14.35, "volume": 21400, "typical_volume": 27340.0, "trend": 14.554667, "fair_value": 15.77718, "relative_strength": -4.615741, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.04783, "energy": 17.613823, "activity_lines": [ 14.162, 13.495455, 13.07181, 13.596129 ] }, { "date": "2023-12-08", "close": 13.85, "volume": 13100, "typical_volume": 26140.0, "trend": 14.407, "fair_value": 15.71859, "relative_strength": -7.981491, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.652479, "energy": 19.63732, "activity_lines": [ 14.176, 13.603091, 13.142667, 13.550667 ] }, { "date": "2023-12-15", "close": 12.76, "volume": 11800, "typical_volume": 25720.0, "trend": 14.252, "fair_value": 15.651539, "relative_strength": -15.806389, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.759825, "energy": 15.450355, "activity_lines": [ 13.775333, 13.508364, 13.122286, 13.444409 ] }, { "date": "2023-12-22", "close": 12.01, "volume": 59500, "typical_volume": 26545.0, "trend": 14.130667, "fair_value": 15.555449, "relative_strength": -21.817325, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.788282, "energy": 20.264398, "activity_lines": [ 13.088667, 13.292545, 13.044714, 13.299763 ] }, { "date": "2023-12-29", "close": 11.1, "volume": 63900, "typical_volume": 28760.0, "trend": 13.91, "fair_value": 15.458718, "relative_strength": -27.596026, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.847509, "energy": 36.120399, "activity_lines": [ 12.258, 12.924182, 12.884714, 13.104237 ] }, { "date": "2024-01-05", "close": 10.01, "volume": 45800, "typical_volume": 30195.0, "trend": 13.583667, "fair_value": 15.320962, "relative_strength": -34.076319, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.612973, "energy": 63.313306, "activity_lines": [ 11.323333, 12.380545, 12.630667, 12.852624 ] }, { "date": "2024-01-12", "close": 10.12, "volume": 44100, "typical_volume": 30100.0, "trend": 13.354, "fair_value": 15.181859, "relative_strength": -32.931565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.936324, "energy": 73.522074, "activity_lines": [ 10.714667, 11.879273, 12.395619, 12.629161 ] }, { "date": "2024-01-19", "close": 10.95, "volume": 15000, "typical_volume": 29675.0, "trend": 13.149, "fair_value": 15.040513, "relative_strength": -26.63386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.55822, "energy": 70.573854, "activity_lines": [ 10.631333, 11.582727, 12.242667, 12.474065 ] }, { "date": "2024-01-26", "close": 12.1, "volume": 35200, "typical_volume": 30580.0, "trend": 12.986667, "fair_value": 14.904359, "relative_strength": -19.203638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.079754, "energy": 54.912833, "activity_lines": [ 11.052, 11.518364, 12.206857, 12.406387 ] }, { "date": "2024-02-02", "close": 11.29, "volume": 29700, "typical_volume": 29790.0, "trend": 12.785333, "fair_value": 14.748333, "relative_strength": -23.785844, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.764356, "energy": 35.043506, "activity_lines": [ 11.196667, 11.348545, 12.095238, 12.296925 ] }, { "date": "2024-02-09", "close": 11.56, "volume": 22200, "typical_volume": 28505.0, "trend": 12.595667, "fair_value": 14.60891, "relative_strength": -21.163608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.958217, "energy": 22.081856, "activity_lines": [ 11.418667, 11.295091, 12.004667, 12.217871 ] }, { "date": "2024-02-16", "close": 11.39, "volume": 13000, "typical_volume": 27360.0, "trend": 12.425667, "fair_value": 14.480641, "relative_strength": -22.594355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.094906, "energy": 18.784274, "activity_lines": [ 11.480667, 11.261455, 11.906905, 12.140086 ] }, { "date": "2024-02-23", "close": 11.25, "volume": 9200, "typical_volume": 26995.0, "trend": 12.275667, "fair_value": 14.371218, "relative_strength": -23.470544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.174335, "energy": 21.762892, "activity_lines": [ 11.411333, 11.247091, 11.806429, 12.064237 ] }, { "date": "2024-03-01", "close": 12.19, "volume": 39300, "typical_volume": 28575.0, "trend": 12.252, "fair_value": 14.269231, "relative_strength": -17.014275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.421504, "energy": 14.047322, "activity_lines": [ 11.635333, 11.431091, 11.806667, 12.05871 ] }, { "date": "2024-03-08", "close": 10.89, "volume": 28000, "typical_volume": 28750.0, "trend": 12.176667, "fair_value": 14.153462, "relative_strength": -26.031886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.12208, "energy": 20.471891, "activity_lines": [ 11.42, 11.375455, 11.685619, 11.970839 ] }, { "date": "2024-03-15", "close": 11.75, "volume": 14100, "typical_volume": 28485.0, "trend": 12.175, "fair_value": 14.043718, "relative_strength": -20.154898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.181338, "energy": 14.786582, "activity_lines": [ 11.518, 11.48, 11.653476, 11.943312 ] }, { "date": "2024-03-22", "close": 11.24, "volume": 14000, "typical_volume": 27565.0, "trend": 12.191, "fair_value": 13.961218, "relative_strength": -23.791365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.057433, "energy": 19.788074, "activity_lines": [ 11.433333, 11.460182, 11.570333, 11.882989 ] }, { "date": "2024-03-29", "close": 11.42, "volume": 41600, "typical_volume": 28655.0, "trend": 12.153333, "fair_value": 13.86968, "relative_strength": -22.970893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.846687, "energy": 22.320723, "activity_lines": [ 11.418667, 11.452727, 11.513095, 11.833247 ] }, { "date": "2024-04-05", "close": 10.99, "volume": 14400, "typical_volume": 28110.0, "trend": 12.107, "fair_value": 13.775385, "relative_strength": -25.929773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.447134, "energy": 27.348967, "activity_lines": [ 11.249333, 11.358545, 11.418714, 11.758194 ] }, { "date": "2024-04-12", "close": 10.98, "volume": 14700, "typical_volume": 27500.0, "trend": 12.129333, "fair_value": 13.683333, "relative_strength": -24.428647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.192913, "energy": 36.244859, "activity_lines": [ 11.156667, 11.282727, 11.339619, 11.685484 ] }, { "date": "2024-04-19", "close": 10.25, "volume": 15500, "typical_volume": 27205.0, "trend": 12.022667, "fair_value": 13.595833, "relative_strength": -28.521249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.477871, "energy": 51.190202, "activity_lines": [ 10.814667, 11.079818, 11.210095, 11.564237 ] }, { "date": "2024-04-26", "close": 10.84, "volume": 18000, "typical_volume": 27450.0, "trend": 11.93, "fair_value": 13.521923, "relative_strength": -24.379798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.387045, "energy": 47.691045, "activity_lines": [ 10.769333, 11.008, 11.156286, 11.487935 ] }, { "date": "2024-05-03", "close": 10.06, "volume": 21700, "typical_volume": 27945.0, "trend": 11.812, "fair_value": 13.429359, "relative_strength": -28.888845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.117334, "energy": 58.475132, "activity_lines": [ 10.490667, 10.804364, 11.042524, 11.36729 ] }, { "date": "2024-05-10", "close": 10.56, "volume": 17400, "typical_volume": 25840.0, "trend": 11.74, "fair_value": 13.366218, "relative_strength": -25.628015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.590691, "energy": 50.213039, "activity_lines": [ 10.469333, 10.713273, 10.989238, 11.286516 ] }, { "date": "2024-05-17", "close": 11.19, "volume": 33900, "typical_volume": 24340.0, "trend": 11.701, "fair_value": 13.293013, "relative_strength": -20.885758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.573225, "energy": 27.131705, "activity_lines": [ 10.686667, 10.766364, 11.002857, 11.251032 ] }, { "date": "2024-05-24", "close": 10.08, "volume": 24500, "typical_volume": 23275.0, "trend": 11.662333, "fair_value": 13.221282, "relative_strength": -27.532806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.670943, "energy": 32.652882, "activity_lines": [ 10.52, 10.612182, 10.910333, 11.146452 ] }, { "date": "2024-05-31", "close": 10.01, "volume": 23400, "typical_volume": 22240.0, "trend": 11.56, "fair_value": 13.148205, "relative_strength": -26.886257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.231852, "energy": 33.039908, "activity_lines": [ 10.341333, 10.475636, 10.81081, 11.039849 ] }, { "date": "2024-06-07", "close": 11.28, "volume": 34400, "typical_volume": 23210.0, "trend": 11.528667, "fair_value": 13.07468, "relative_strength": -15.350454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.171026, "energy": 17.092087, "activity_lines": [ 10.641333, 10.592364, 10.832762, 11.021785 ] }, { "date": "2024-06-14", "close": 11.07, "volume": 45500, "typical_volume": 23725.0, "trend": 11.417667, "fair_value": 12.999167, "relative_strength": -14.591804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.788939, "energy": 16.263876, "activity_lines": [ 10.79, 10.673455, 10.833143, 10.992194 ] }, { "date": "2024-06-21", "close": 12.09, "volume": 17000, "typical_volume": 23090.0, "trend": 11.321, "fair_value": 12.933654, "relative_strength": -5.386631, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.364437, "energy": 11.159187, "activity_lines": [ 11.244667, 10.938545, 10.935571, 11.03557 ] }, { "date": "2024-06-28", "close": 11.72, "volume": 26000, "typical_volume": 23280.0, "trend": 11.233333, "fair_value": 12.879295, "relative_strength": -8.720895, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.08667, "energy": 23.500934, "activity_lines": [ 11.516, 11.116182, 10.998952, 11.061312 ] }, { "date": "2024-07-05", "close": 11.89, "volume": 12700, "typical_volume": 23265.0, "trend": 11.168, "fair_value": 12.815321, "relative_strength": -7.147161, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.078937, "energy": 34.689882, "activity_lines": [ 11.734667, 11.298, 11.077762, 11.103677 ] }, { "date": "2024-07-12", "close": 12.51, "volume": 50900, "typical_volume": 25350.0, "trend": 11.159667, "fair_value": 12.767564, "relative_strength": -4.000307, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 70.050137, "energy": 61.971103, "activity_lines": [ 12.034667, 11.573455, 11.213238, 11.190258 ] }, { "date": "2024-07-19", "close": 13.9, "volume": 59800, "typical_volume": 26375.0, "trend": 11.222667, "fair_value": 12.734615, "relative_strength": 7.268603, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.961989, "energy": 75.195181, "activity_lines": [ 12.716, 12.057091, 11.475095, 11.367054 ] }, { "date": "2024-07-26", "close": 15.4, "volume": 95100, "typical_volume": 29730.0, "trend": 11.366, "fair_value": 12.716154, "relative_strength": 18.565918, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.568247, "energy": 86.978626, "activity_lines": [ 13.708667, 12.752727, 11.871667, 11.636559 ] }, { "date": "2024-08-02", "close": 13.63, "volume": 126700, "typical_volume": 35360.0, "trend": 11.486667, "fair_value": 12.671731, "relative_strength": 7.799166, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.304702, "energy": 76.638378, "activity_lines": [ 13.890667, 13.05, 12.07819, 11.782624 ] }, { "date": "2024-08-09", "close": 13.05, "volume": 22100, "typical_volume": 35765.0, "trend": 11.584333, "fair_value": 12.633782, "relative_strength": 3.031887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.771189, "energy": 69.731497, "activity_lines": [ 13.752, 13.177273, 12.220524, 11.883484 ] }, { "date": "2024-08-16", "close": 12.6, "volume": 18600, "typical_volume": 34615.0, "trend": 11.639333, "fair_value": 12.592885, "relative_strength": -3.568556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.55412, "energy": 45.210474, "activity_lines": [ 13.386, 13.167455, 12.311381, 11.949011 ] }, { "date": "2024-08-23", "close": 12.22, "volume": 64300, "typical_volume": 37110.0, "trend": 11.643333, "fair_value": 12.550769, "relative_strength": -7.351001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.596376, "energy": 22.741508, "activity_lines": [ 12.887333, 13.064545, 12.360429, 11.986473 ] }, { "date": "2024-08-30", "close": 12.36, "volume": 19300, "typical_volume": 37340.0, "trend": 11.679, "fair_value": 12.505385, "relative_strength": -6.271694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.562859, "energy": 21.794204, "activity_lines": [ 12.547333, 12.966182, 12.416952, 12.03271 ] }, { "date": "2024-09-06", "close": 11.14, "volume": 35500, "typical_volume": 38340.0, "trend": 11.665, "fair_value": 12.458782, "relative_strength": -13.050806, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.822997, "energy": 17.525324, "activity_lines": [ 12.003333, 12.641091, 12.350714, 11.997935 ] }, { "date": "2024-09-13", "close": 10.56, "volume": 57100, "typical_volume": 40295.0, "trend": 11.637333, "fair_value": 12.407628, "relative_strength": -20.189432, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.741927, "energy": 28.742607, "activity_lines": [ 11.432, 12.221091, 12.225, 11.926645 ] }, { "date": "2024-09-20", "close": 10.45, "volume": 39500, "typical_volume": 41185.0, "trend": 11.610667, "fair_value": 12.352885, "relative_strength": -21.356895, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.393533, "energy": 34.600692, "activity_lines": [ 10.99, 11.805273, 12.090143, 11.850043 ] }, { "date": "2024-09-27", "close": 10.73, "volume": 72400, "typical_volume": 43935.0, "trend": 11.562, "fair_value": 12.306538, "relative_strength": -18.85284, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.453049, "energy": 42.348331, "activity_lines": [ 10.784667, 11.477818, 11.980095, 11.793226 ] }, { "date": "2024-10-04", "close": 10.68, "volume": 25500, "typical_volume": 43515.0, "trend": 11.555, "fair_value": 12.261154, "relative_strength": -19.17433, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.686922, "energy": 46.517807, "activity_lines": [ 10.662, 11.198909, 11.864476, 11.736323 ] }, { "date": "2024-10-11", "close": 10.45, "volume": 32700, "typical_volume": 43925.0, "trend": 11.511667, "fair_value": 12.209872, "relative_strength": -21.284601, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.118822, "energy": 43.311699, "activity_lines": [ 10.574667, 10.964, 11.729381, 11.665032 ] }, { "date": "2024-10-18", "close": 10.75, "volume": 18600, "typical_volume": 43685.0, "trend": 11.495333, "fair_value": 12.165, "relative_strength": -19.56201, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.584516, "energy": 28.048942, "activity_lines": [ 10.633333, 10.841455, 11.621095, 11.615892 ] }, { "date": "2024-10-25", "close": 10.09, "volume": 50600, "typical_volume": 44495.0, "trend": 11.451, "fair_value": 12.122756, "relative_strength": -22.876906, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.603971, "energy": 38.986459, "activity_lines": [ 10.459333, 10.640727, 11.446429, 11.525226 ] }, { "date": "2024-11-01", "close": 10.3, "volume": 27100, "typical_volume": 43575.0, "trend": 11.428, "fair_value": 12.098718, "relative_strength": -19.917922, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.470233, "energy": 44.588529, "activity_lines": [ 10.379333, 10.523818, 11.297429, 11.450968 ] }, { "date": "2024-11-08", "close": 11.98, "volume": 79900, "typical_volume": 46720.0, "trend": 11.461333, "fair_value": 12.078718, "relative_strength": -8.294204, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.924943, "energy": 11.336239, "activity_lines": [ 10.888, 10.747273, 11.312095, 11.486581 ] }, { "date": "2024-11-15", "close": 11.02, "volume": 28000, "typical_volume": 46820.0, "trend": 11.487, "fair_value": 12.050385, "relative_strength": -15.250821, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -38.127824, "energy": 21.160314, "activity_lines": [ 10.99, 10.803091, 11.235857, 11.458108 ] }, { "date": "2024-11-22", "close": 10.61, "volume": 37300, "typical_volume": 48050.0, "trend": 11.479333, "fair_value": 12.02609, "relative_strength": -19.201673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.873033, "energy": 21.439212, "activity_lines": [ 10.917333, 10.786545, 11.123905, 11.401527 ] }, { "date": "2024-11-29", "close": 11.44, "volume": 22800, "typical_volume": 46645.0, "trend": 11.525333, "fair_value": 12.007564, "relative_strength": -12.741894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.056769, "energy": 21.615062, "activity_lines": [ 11.130667, 10.92, 11.097095, 11.398989 ] }, { "date": "2024-12-06", "close": 10.66, "volume": 110500, "typical_volume": 49180.0, "trend": 11.528667, "fair_value": 11.981923, "relative_strength": -18.00853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.532021, "energy": 19.797081, "activity_lines": [ 10.994, 10.893636, 11.001095, 11.343161 ] }, { "date": "2024-12-13", "close": 10.56, "volume": 24800, "typical_volume": 45665.0, "trend": 11.507667, "fair_value": 11.955833, "relative_strength": -16.791759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.658865, "energy": 28.288877, "activity_lines": [ 10.8, 10.850364, 10.911, 11.280667 ] }, { "date": "2024-12-20", "close": 10.33, "volume": 91400, "typical_volume": 43900.0, "trend": 11.516, "fair_value": 11.925321, "relative_strength": -15.871095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.336861, "energy": 32.741296, "activity_lines": [ 10.624, 10.767455, 10.822048, 11.204688 ] }, { "date": "2024-12-27", "close": 10.23, "volume": 28500, "typical_volume": 44220.0, "trend": 11.523333, "fair_value": 11.899487, "relative_strength": -16.972627, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.215627, "energy": 51.589067, "activity_lines": [ 10.460667, 10.668545, 10.739286, 11.12172 ] }, { "date": "2025-01-03", "close": 11.22, "volume": 45500, "typical_volume": 45565.0, "trend": 11.521333, "fair_value": 11.885962, "relative_strength": -9.837307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.626302, "energy": 27.779771, "activity_lines": [ 10.652667, 10.759091, 10.764238, 11.102151 ] }, { "date": "2025-01-10", "close": 10.89, "volume": 43100, "typical_volume": 44505.0, "trend": 11.515333, "fair_value": 11.874615, "relative_strength": -11.262737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.028354, "energy": 19.810164, "activity_lines": [ 10.749333, 10.769091, 10.764333, 11.061419 ] }, { "date": "2025-01-17", "close": 10.55, "volume": 19800, "typical_volume": 44530.0, "trend": 11.464, "fair_value": 11.863462, "relative_strength": -14.722141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.086334, "energy": 18.555405, "activity_lines": [ 10.717333, 10.706545, 10.738381, 10.99914 ] }, { "date": "2025-01-24", "close": 10.17, "volume": 17000, "typical_volume": 43605.0, "trend": 11.412333, "fair_value": 11.851603, "relative_strength": -18.536179, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.156767, "energy": 24.671886, "activity_lines": [ 10.559333, 10.600909, 10.684857, 10.915656 ] }, { "date": "2025-01-31", "close": 9.28, "volume": 51700, "typical_volume": 43335.0, "trend": 11.325333, "fair_value": 11.833782, "relative_strength": -25.349598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.250205, "energy": 48.571766, "activity_lines": [ 10.115333, 10.348909, 10.55119, 10.778086 ] }, { "date": "2025-02-07", "close": 8.55, "volume": 25700, "typical_volume": 42645.0, "trend": 11.193333, "fair_value": 11.81391, "relative_strength": -30.38916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.791046, "energy": 78.628591, "activity_lines": [ 9.491333, 9.988364, 10.354095, 10.599032 ] }, { "date": "2025-02-14", "close": 9.56, "volume": 30400, "typical_volume": 40545.0, "trend": 11.048667, "fair_value": 11.796987, "relative_strength": -21.7885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.877294, "energy": 71.40677, "activity_lines": [ 9.382, 9.864, 10.262238, 10.493656 ] }, { "date": "2025-02-21", "close": 10.6, "volume": 31800, "typical_volume": 40860.0, "trend": 10.888667, "fair_value": 11.778397, "relative_strength": -11.753303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.820986, "energy": 54.728493, "activity_lines": [ 9.708, 9.948727, 10.275, 10.46471 ] }, { "date": "2025-02-28", "close": 9.89, "volume": 11700, "typical_volume": 39810.0, "trend": 10.764, "fair_value": 11.765192, "relative_strength": -17.881116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.451861, "energy": 34.211653, "activity_lines": [ 9.794, 9.903636, 10.220524, 10.40028 ] }, { "date": "2025-03-07", "close": 9.91, "volume": 17300, "typical_volume": 39745.0, "trend": 10.659333, "fair_value": 11.760833, "relative_strength": -15.25959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.573902, "energy": 18.159203, "activity_lines": [ 9.905333, 9.870182, 10.170619, 10.345183 ] }, { "date": "2025-03-14", "close": 9.83, "volume": 21100, "typical_volume": 38270.0, "trend": 10.567, "fair_value": 11.745385, "relative_strength": -14.763592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.991085, "energy": 16.967983, "activity_lines": [ 9.948, 9.828, 10.117095, 10.291677 ] }, { "date": "2025-03-21", "close": 10.0, "volume": 43600, "typical_volume": 39095.0, "trend": 10.493, "fair_value": 11.733782, "relative_strength": -14.342577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.257212, "energy": 16.547395, "activity_lines": [ 9.962, 9.842, 10.081, 10.255097 ] }, { "date": "2025-03-28", "close": 8.68, "volume": 88200, "typical_volume": 39510.0, "trend": 10.370333, "fair_value": 11.717308, "relative_strength": -24.509763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.813077, "energy": 32.773093, "activity_lines": [ 9.506667, 9.632182, 9.920619, 10.138129 ] }, { "date": "2025-04-04", "close": 7.05, "volume": 16000, "typical_volume": 38910.0, "trend": 10.234, "fair_value": 11.695769, "relative_strength": -34.028766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.867892, "energy": 69.38113, "activity_lines": [ 8.636, 9.16, 9.620714, 9.923914 ] }, { "date": "2025-04-11", "close": 6.47, "volume": 38900, "typical_volume": 38990.0, "trend": 10.097667, "fair_value": 11.669551, "relative_strength": -39.898638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.498312, "energy": 81.032765, "activity_lines": [ 7.761333, 8.639091, 9.284476, 9.681075 ] }, { "date": "2025-04-18", "close": 6.61, "volume": 14000, "typical_volume": 38550.0, "trend": 9.969667, "fair_value": 11.650449, "relative_strength": -39.633046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.992863, "energy": 84.466462, "activity_lines": [ 7.162667, 8.194727, 8.981286, 9.456065 ] }, { "date": "2025-04-25", "close": 6.56, "volume": 22700, "typical_volume": 34160.0, "trend": 9.830667, "fair_value": 11.632244, "relative_strength": -40.771192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.381203, "energy": 83.961666, "activity_lines": [ 6.762, 7.776545, 8.696333, 9.236086 ] }, { "date": "2025-05-02", "close": 7.34, "volume": 31900, "typical_volume": 34515.0, "trend": 9.719333, "fair_value": 11.620513, "relative_strength": -34.11176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.763128, "energy": 77.378991, "activity_lines": [ 6.850667, 7.554727, 8.50519, 9.075398 ] }, { "date": "2025-05-09", "close": 6.42, "volume": 84100, "typical_volume": 34150.0, "trend": 9.585, "fair_value": 11.60391, "relative_strength": -42.565138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.724507, "energy": 62.162851, "activity_lines": [ 6.722, 7.224909, 8.241762, 8.862538 ] }, { "date": "2025-05-16", "close": 6.63, "volume": 96600, "typical_volume": 37555.0, "trend": 9.447667, "fair_value": 11.590128, "relative_strength": -41.46907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.507254, "energy": 52.141378, "activity_lines": [ 6.705333, 6.996364, 8.016952, 8.671892 ] }, { "date": "2025-05-23", "close": 6.95, "volume": 42700, "typical_volume": 37415.0, "trend": 9.343, "fair_value": 11.559359, "relative_strength": -37.925156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.08313, "energy": 46.531393, "activity_lines": [ 6.784667, 6.885636, 7.839762, 8.510753 ] }, { "date": "2025-05-30", "close": 7.21, "volume": 35500, "typical_volume": 37035.0, "trend": 9.24, "fair_value": 11.530769, "relative_strength": -35.832494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.488949, "energy": 39.856968, "activity_lines": [ 6.928, 6.874545, 7.707667, 8.37314 ] }, { "date": "2025-06-06", "close": 7.63, "volume": 21400, "typical_volume": 37115.0, "trend": 9.095, "fair_value": 11.511538, "relative_strength": -32.065886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.790518, "energy": 30.314554, "activity_lines": [ 7.168, 6.990545, 7.633095, 8.269269 ] }, { "date": "2025-06-13", "close": 8.96, "volume": 68200, "typical_volume": 39675.0, "trend": 9.026333, "fair_value": 11.505064, "relative_strength": -19.821239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.043793, "energy": 17.075008, "activity_lines": [ 7.832, 7.367455, 7.699095, 8.260559 ] }, { "date": "2025-06-20", "close": 8.78, "volume": 27100, "typical_volume": 38445.0, "trend": 8.965333, "fair_value": 11.497949, "relative_strength": -20.580317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.510775, "energy": 18.775743, "activity_lines": [ 8.266667, 7.676909, 7.753714, 8.244667 ] }, { "date": "2025-06-27", "close": 8.06, "volume": 22500, "typical_volume": 38285.0, "trend": 8.852667, "fair_value": 11.489359, "relative_strength": -26.83647, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.170856, "energy": 20.676033, "activity_lines": [ 8.318, 7.813455, 7.742143, 8.186258 ] }, { "date": "2025-07-04", "close": 8.1, "volume": 8200, "typical_volume": 37175.0, "trend": 8.767333, "fair_value": 11.480321, "relative_strength": -26.629039, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.327625, "energy": 20.968854, "activity_lines": [ 8.308667, 7.930909, 7.736714, 8.137699 ] }, { "date": "2025-07-11", "close": 7.99, "volume": 12300, "typical_volume": 36200.0, "trend": 8.681667, "fair_value": 11.468782, "relative_strength": -26.666634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.198459, "energy": 14.48225, "activity_lines": [ 8.203333, 8.000364, 7.727762, 8.087548 ] }, { "date": "2025-07-18", "close": 7.66, "volume": 45500, "typical_volume": 37890.0, "trend": 8.592667, "fair_value": 11.454167, "relative_strength": -29.323972, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.388949, "energy": 14.124715, "activity_lines": [ 7.964, 7.998, 7.69981, 8.021634 ] }, { "date": "2025-07-25", "close": 7.7, "volume": 14100, "typical_volume": 37730.0, "trend": 8.508333, "fair_value": 11.432821, "relative_strength": -28.043758, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.873881, "energy": 17.790108, "activity_lines": [ 7.824667, 7.980364, 7.686286, 7.964043 ] }, { "date": "2025-08-01", "close": 7.78, "volume": 12400, "typical_volume": 37295.0, "trend": 8.393667, "fair_value": 11.422051, "relative_strength": -24.812369, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.130593, "energy": 20.111655, "activity_lines": [ 7.784, 7.957818, 7.690905, 7.917054 ] }, { "date": "2025-08-08", "close": 7.73, "volume": 17400, "typical_volume": 35985.0, "trend": 8.288333, "fair_value": 11.412628, "relative_strength": -26.146003, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.017125, "energy": 20.920655, "activity_lines": [ 7.745333, 7.911091, 7.700524, 7.874237 ] }, { "date": "2025-08-15", "close": 5.96, "volume": 141200, "typical_volume": 38635.0, "trend": 8.135333, "fair_value": 11.38859, "relative_strength": -42.378006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -76.193089, "energy": 59.851392, "activity_lines": [ 7.141333, 7.533091, 7.552381, 7.724022 ] }, { "date": "2025-08-22", "close": 6.58, "volume": 85600, "typical_volume": 42115.0, "trend": 8.015667, "fair_value": 11.371987, "relative_strength": -36.378213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.181573, "energy": 64.207435, "activity_lines": [ 6.879333, 7.298182, 7.476238, 7.623677 ] }, { "date": "2025-08-29", "close": 6.16, "volume": 30300, "typical_volume": 41685.0, "trend": 7.911667, "fair_value": 11.35718, "relative_strength": -39.928678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.25444, "energy": 73.999627, "activity_lines": [ 6.549333, 7.030182, 7.362333, 7.503957 ] }, { "date": "2025-09-05", "close": 5.75, "volume": 40900, "typical_volume": 43030.0, "trend": 7.818333, "fair_value": 11.348718, "relative_strength": -43.991921, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.547771, "energy": 81.718049, "activity_lines": [ 6.185333, 6.735273, 7.210857, 7.364495 ] }, { "date": "2025-09-12", "close": 5.55, "volume": 95000, "typical_volume": 46645.0, "trend": 7.684667, "fair_value": 11.341667, "relative_strength": -45.605294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.882946, "energy": 88.143333, "activity_lines": [ 5.89, 6.446, 7.044429, 7.218151 ] }, { "date": "2025-09-19", "close": 5.96, "volume": 105900, "typical_volume": 50345.0, "trend": 7.53, "fair_value": 11.345449, "relative_strength": -41.774206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.716067, "energy": 81.721192, "activity_lines": [ 5.876667, 6.277636, 6.921857, 7.106882 ] }, { "date": "2025-09-26", "close": 7.32, "volume": 157000, "typical_volume": 53990.0, "trend": 7.444333, "fair_value": 11.356538, "relative_strength": -27.653682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.406376, "energy": 42.23692, "activity_lines": [ 6.316667, 6.393455, 6.935381, 7.093333 ] }, { "date": "2025-10-03", "close": 7.89, "volume": 84100, "typical_volume": 53365.0, "trend": 7.377, "fair_value": 11.372821, "relative_strength": -23.041172, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.643512, "energy": 11.914397, "activity_lines": [ 6.897333, 6.619091, 6.998905, 7.122086 ] }, { "date": "2025-10-10", "close": 8.0, "volume": 224000, "typical_volume": 62430.0, "trend": 7.316, "fair_value": 11.392372, "relative_strength": -19.614732, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 13.274274, "energy": 23.167317, "activity_lines": [ 7.399333, 6.861273, 7.066905, 7.16228 ] }, { "date": "2025-10-17", "close": 7.63, "volume": 71500, "typical_volume": 64230.0, "trend": 7.237, "fair_value": 11.411218, "relative_strength": -23.192536, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 6.736137, "energy": 24.864115, "activity_lines": [ 7.628, 7.032182, 7.094667, 7.182538 ] }, { "date": "2025-10-24", "close": 7.7, "volume": 32500, "typical_volume": 64785.0, "trend": 7.204333, "fair_value": 11.425256, "relative_strength": -22.394355, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.270506, "energy": 30.904022, "activity_lines": [ 7.741333, 7.217636, 7.127095, 7.212409 ] }, { "date": "2025-10-31", "close": 8.36, "volume": 37900, "typical_volume": 63270.0, "trend": 7.248, "fair_value": 11.439103, "relative_strength": -14.740888, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.496976, "energy": 36.600688, "activity_lines": [ 7.958667, 7.491455, 7.222048, 7.286968 ] }, { "date": "2025-11-07", "close": 8.37, "volume": 48600, "typical_volume": 64345.0, "trend": 7.311333, "fair_value": 11.451603, "relative_strength": -12.585853, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 54.245141, "energy": 45.564945, "activity_lines": [ 8.11, 7.734727, 7.32081, 7.359355 ] }, { "date": "2025-11-14", "close": 9.42, "volume": 251800, "typical_volume": 75810.0, "trend": 7.405, "fair_value": 11.470128, "relative_strength": -2.187586, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.201965, "energy": 68.988724, "activity_lines": [ 8.579333, 8.128727, 7.521524, 7.495398 ] }, { "date": "2025-11-21", "close": 8.37, "volume": 93900, "typical_volume": 80095.0, "trend": 7.465333, "fair_value": 11.481346, "relative_strength": -11.868101, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.759616, "energy": 58.448965, "activity_lines": [ 8.604, 8.265091, 7.615762, 7.557656 ] }, { "date": "2025-11-28", "close": 9.08, "volume": 59700, "typical_volume": 82465.0, "trend": 7.523333, "fair_value": 11.494103, "relative_strength": -7.227409, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.455323, "energy": 59.927492, "activity_lines": [ 8.816, 8.479273, 7.776333, 7.661828 ] }, { "date": "2025-12-05", "close": 9.07, "volume": 114600, "typical_volume": 85920.0, "trend": 7.611667, "fair_value": 11.496603, "relative_strength": -6.395344, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.438076, "energy": 55.561637, "activity_lines": [ 8.932667, 8.634909, 7.930762, 7.761613 ] }, { "date": "2025-12-12", "close": 9.97, "volume": 92700, "typical_volume": 89850.0, "trend": 7.723, "fair_value": 11.469744, "relative_strength": 2.837113, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.921983, "energy": 51.952031, "activity_lines": [ 9.302, 8.922364, 8.16419, 7.913763 ] }, { "date": "2025-12-19", "close": 10.46, "volume": 121200, "typical_volume": 95290.0, "trend": 7.84, "fair_value": 11.448077, "relative_strength": 7.725242, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.867108, "energy": 67.371252, "activity_lines": [ 9.728, 9.261091, 8.433476, 8.090344 ] }, { "date": "2025-12-26", "close": 10.25, "volume": 40200, "typical_volume": 96430.0, "trend": 7.941333, "fair_value": 11.420962, "relative_strength": 5.368891, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.748148, "energy": 70.99243, "activity_lines": [ 10.014667, 9.516909, 8.67, 8.245828 ] }, { "date": "2026-01-02", "close": 10.55, "volume": 73800, "typical_volume": 93060.0, "trend": 8.038667, "fair_value": 11.386474, "relative_strength": 9.657592, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.389117, "energy": 74.922563, "activity_lines": [ 10.276, 9.779636, 8.923095, 8.414129 ] }, { "date": "2026-01-09", "close": 11.71, "volume": 100300, "typical_volume": 93795.0, "trend": 8.130333, "fair_value": 11.355513, "relative_strength": 19.606734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.617703, "energy": 85.199445, "activity_lines": [ 10.826, 10.201455, 9.26481, 8.650989 ] }, { "date": "2026-01-16", "close": 11.62, "volume": 131700, "typical_volume": 98865.0, "trend": 8.225, "fair_value": 11.327244, "relative_strength": 17.672488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.632237, "energy": 80.434993, "activity_lines": [ 11.17, 10.546, 9.573524, 8.876129 ] }, { "date": "2026-01-23", "close": 10.78, "volume": 78800, "typical_volume": 100760.0, "trend": 8.315667, "fair_value": 11.285833, "relative_strength": 9.343395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.206541, "energy": 59.260016, "activity_lines": [ 11.124, 10.678727, 9.776238, 9.040968 ] }, { "date": "2026-01-30", "close": 10.21, "volume": 66200, "typical_volume": 99320.0, "trend": 8.386, "fair_value": 11.23609, "relative_strength": 7.828521, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.629855, "energy": 48.330713, "activity_lines": [ 10.866667, 10.683091, 9.900714, 9.163183 ] }, { "date": "2026-02-06", "close": 8.77, "volume": 128000, "typical_volume": 100425.0, "trend": 8.412, "fair_value": 11.187821, "relative_strength": -8.550025, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.435808, "energy": 21.924175, "activity_lines": [ 10.132, 10.392182, 9.865857, 9.187957 ] }, { "date": "2026-02-13", "close": 8.9, "volume": 70500, "typical_volume": 96100.0, "trend": 8.453333, "fair_value": 11.135705, "relative_strength": -8.252053, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.003261, "energy": 20.814733, "activity_lines": [ 9.559333, 10.130545, 9.83, 9.219441 ] }, { "date": "2026-02-20", "close": 9.32, "volume": 33100, "typical_volume": 93550.0, "trend": 8.507333, "fair_value": 11.088462, "relative_strength": -5.127837, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.17275, "energy": 23.335678, "activity_lines": [ 9.314, 9.948364, 9.826619, 9.275355 ] }, { "date": "2026-02-27", "close": 10.33, "volume": 47200, "typical_volume": 84710.0, "trend": 8.592333, "fair_value": 11.046154, "relative_strength": 4.164752, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.901103, "energy": 22.885478, "activity_lines": [ 9.558667, 9.961636, 9.912619, 9.392946 ] }, { "date": "2026-03-06", "close": 7.08, "volume": 160800, "typical_volume": 89175.0, "trend": 8.570667, "fair_value": 10.999872, "relative_strength": -24.965622, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.355983, "energy": 21.566511, "activity_lines": [ 8.75, 9.386364, 9.678, 9.295376 ] }, { "date": "2026-03-13", "close": 7.54, "volume": 156300, "typical_volume": 95365.0, "trend": 8.623333, "fair_value": 10.957051, "relative_strength": -17.82561, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.109795, "energy": 32.22107, "activity_lines": [ 8.303333, 8.952364, 9.48981, 9.228882 ] }, { "date": "2026-03-20", "close": 6.99, "volume": 100100, "typical_volume": 98475.0, "trend": 8.637, "fair_value": 10.920833, "relative_strength": -19.872168, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.738199, "energy": 48.640032, "activity_lines": [ 7.755333, 8.473091, 9.25, 9.123505 ] }, { "date": "2026-03-27", "close": 8.57, "volume": 160300, "typical_volume": 104060.0, "trend": 8.717333, "fair_value": 10.895449, "relative_strength": -3.186668, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.36372, "energy": 42.094848, "activity_lines": [ 7.861333, 8.366909, 9.16719, 9.119183 ] }, { "date": "2026-04-03", "close": 8.88, "volume": 44200, "typical_volume": 93680.0, "trend": 8.821667, "fair_value": 10.872308, "relative_strength": -2.920513, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.555454, "energy": 23.900629, "activity_lines": [ 8.120667, 8.372545, 9.112952, 9.129677 ] }, { "date": "2026-04-10", "close": 8.21, "volume": 56400, "typical_volume": 91805.0, "trend": 8.910333, "fair_value": 10.838397, "relative_strength": -11.621876, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.286415, "energy": 19.200978, "activity_lines": [ 8.253333, 8.290909, 8.997476, 9.090215 ] }, { "date": "2026-04-17", "close": 9.12, "volume": 62400, "typical_volume": 91940.0, "trend": 9.015667, "fair_value": 10.794038, "relative_strength": -3.633668, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.785594, "energy": 8.352253, "activity_lines": [ 8.614, 8.411091, 8.969429, 9.103742 ] }, { "date": "2026-04-24", "close": 9.55, "volume": 105100, "typical_volume": 91465.0, "trend": 9.09, "fair_value": 10.755064, "relative_strength": 2.110584, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.215845, "energy": 11.026143, "activity_lines": [ 9.012667, 8.603091, 8.982143, 9.138215 ] }, { "date": "2026-05-01", "close": 9.39, "volume": 54500, "typical_volume": 89555.0, "trend": 9.14, "fair_value": 10.700705, "relative_strength": 0.551383, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.881057, "energy": 11.815583, "activity_lines": [ 9.187333, 8.754182, 8.977333, 9.15757 ] }, { "date": "2026-05-08", "close": 9.42, "volume": 108800, "typical_volume": 88935.0, "trend": 9.187333, "fair_value": 10.64391, "relative_strength": 0.157766, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.285845, "energy": 11.532596, "activity_lines": [ 9.317333, 8.909455, 8.978143, 9.175634 ] }, { "date": "2026-05-15", "close": 9.51, "volume": 47800, "typical_volume": 89315.0, "trend": 9.25, "fair_value": 10.593269, "relative_strength": 1.662298, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.549933, "energy": 15.270307, "activity_lines": [ 9.441333, 9.097636, 8.992476, 9.196452 ] }, { "date": "2026-05-22", "close": 9.51, "volume": 17400, "typical_volume": 86495.0, "trend": 9.310333, "fair_value": 10.55391, "relative_strength": -0.270149, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.529075, "energy": 14.095666, "activity_lines": [ 9.478667, 9.241636, 9.010333, 9.213226 ] }, { "date": "2026-05-29", "close": 9.53, "volume": 27800, "typical_volume": 82870.0, "trend": 9.349333, "fair_value": 10.50141, "relative_strength": -0.906764, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.987782, "energy": 15.749068, "activity_lines": [ 9.496667, 9.353455, 9.035048, 9.227398 ] }, { "date": "2026-06-05", "close": 9.34, "volume": 18600, "typical_volume": 77215.0, "trend": 9.381667, "fair_value": 10.434359, "relative_strength": -1.76075, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.23219, "energy": 15.571001, "activity_lines": [ 9.452667, 9.384545, 9.052048, 9.226796 ] }, { "date": "2026-06-12", "close": 9.27, "volume": 900, "typical_volume": 73320.0, "trend": 9.376667, "fair_value": 10.384744, "relative_strength": -3.471802, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.650395, "energy": 5.768854, "activity_lines": [ 9.388667, 9.388909, 9.073238, 9.219591 ] }, { "date": "2026-06-19", "close": 9.6, "volume": 2100, "typical_volume": 70115.0, "trend": 9.417667, "fair_value": 10.336667, "relative_strength": 0.274486, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.103015, "energy": 7.599778, "activity_lines": [ 9.444667, 9.446182, 9.133048, 9.234 ] }, { "date": "2026-06-26", "close": 9.34, "volume": 2700, "typical_volume": 63850.0, "trend": 9.426333, "fair_value": 10.287756, "relative_strength": -2.232227, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.151176, "energy": 3.957668, "activity_lines": [ 9.408, 9.430909, 9.171, 9.228989 ] }, { "date": "2026-07-03", "close": 9.75, "volume": 0, "typical_volume": 60325.0, "trend": 9.449, "fair_value": 10.239167, "relative_strength": 1.448534, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.390825, "energy": 13.311583, "activity_lines": [ 9.519333, 9.486182, 9.245286, 9.249871 ] }, { "date": "2026-07-10", "close": 10.05, "volume": 103600, "typical_volume": 63850.0, "trend": 9.451667, "fair_value": 10.193013, "relative_strength": 4.479376, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.80751, "energy": 34.081297, "activity_lines": [ 9.716, 9.592364, 9.344095, 9.288645 ] }, { "date": "2026-07-17", "close": 9.6, "volume": 58000, "typical_volume": 64390.0, "trend": 9.423, "fair_value": 10.148846, "relative_strength": -0.023702, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.573269, "energy": 30.183723, "activity_lines": [ 9.715333, 9.604727, 9.396571, 9.298215 ] }, { "date": "2026-07-24", "close": 10.28, "volume": 56900, "typical_volume": 59195.0, "trend": 9.424, "fair_value": 10.113782, "relative_strength": 6.659727, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.507798, "energy": 47.358938, "activity_lines": [ 9.919333, 9.737455, 9.517286, 9.353505 ] }, { "date": "2026-07-31", "close": 10.38, "volume": 95100, "typical_volume": 56135.0, "trend": 9.418333, "fair_value": 10.097628, "relative_strength": 8.08308, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.01053, "energy": 51.002204, "activity_lines": [ 10.111333, 9.874364, 9.632286, 9.415183 ] }, { "date": "2026-08-07", "close": 10.3, "volume": 87900, "typical_volume": 55525.0, "trend": 9.371333, "fair_value": 10.079359, "relative_strength": 3.810905, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.394382, "energy": 54.101351, "activity_lines": [ 10.207333, 9.980909, 9.726143, 9.472065 ] } ], "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." } } }