{ "ticker": { "uuid": "e6ce11d3-ff24-4828-8f21-ecef5994c0c0", "symbol": "EPH", "name": "EPH Invest S.p.A.", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -69.743, "architecture_energy": 78.907, "architecture_maturity": 68.0, "architecture_confidence": 91.736, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.47, "rotation_up": 15.73, "upward_expansion": 17.6, "deceleration": 40.94, "rotation_down": 72.98, "downward_expansion": 93.27 }, "activity_lines": [ 0.048733, 0.053731, 0.065509, 0.073155 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 0.048, "trend_reference": 0.08354, "distance_from_trend": -0.425425, "trend_direction": "Weakening", "fair_value": 4757271.094143, "distance_from_fair_value": -1.0, "fair_value_direction": "Stable", "relative_strength": -70.444583, "relative_strength_direction": "Weakening", "price_momentum": -0.510204, "excess_performance": -0.681096, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.425425, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.491199, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -1.0, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.0, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.704446, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.229506, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.510204, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.144669, "read": "Supply-led" } ], "volume": { "latest": 1766562, "relative_activity": 1.391162, "balance": 0.144669, "dry_up": 1.23873, "accumulation_observations": 1, "distribution_observations": 5 }, "risk": { "range_context": 0.188141, "annualized_volatility": 0.513132, "from_high_reference": -0.930836, "from_low_reference": 0.170732 }, "levels": { "trend_reference": 0.08354, "fair_value_reference": 4757271.094143, "structural_low": 0.041, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 48, "median_return": -0.128367, "positive_rate": 0.25, "directional_follow_through": 0.729167, "median_excess_return": -0.121086, "regime_survival": 0.958333, "best_return": 1.5, "worst_return": -0.888889, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": -0.405594, "positive_rate": 0.266667, "directional_follow_through": 0.733333, "median_excess_return": -0.476916, "regime_survival": 0.866667, "best_return": 0.7, "worst_return": -0.997, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.574405, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.487253, "regime_survival": 0.714286, "best_return": 1.7875, "worst_return": -0.9996, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.856803, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.940563, "regime_survival": 0.75, "best_return": -0.412587, "worst_return": -1.0, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2021-09-17", "end": "2023-01-13", "tenure": "Extended", "return": -0.785847, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-01-20", "end": "2023-02-24", "tenure": "Developing", "return": -0.170213, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-03-03", "end": "2023-04-28", "tenure": "Developing", "return": -0.196581, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-05-05", "end": "2023-05-19", "tenure": "New", "return": 0.168421, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-05-26", "end": "2023-07-14", "tenure": "Developing", "return": -0.084112, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-07-21", "end": "2025-05-30", "tenure": "Extended", "return": -1.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-20", "tenure": "New", "return": 0.026087, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": -0.016667, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.083333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-10-17", "tenure": "Developing", "return": 0.428571, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-24", "end": "2025-12-12", "tenure": "Developing", "return": 0.230769, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-02-06", "tenure": "Developing", "return": -0.183333, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-13", "end": "2026-02-20", "tenure": "New", "return": -0.05102, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-27", "end": "2026-08-07", "tenure": "Established", "return": -0.510204, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 90000000.0, "volume": 0, "typical_volume": 0.0, "trend": 105933333.333333, "fair_value": 355955128.205128, "relative_strength": -24.091492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.906328, "energy": 69.08219, "activity_lines": [ 92400000.0, 95181818.181818, 98657142.857143, 101462365.591398 ] }, { "date": "2023-08-25", "close": 89000000.0, "volume": 0, "typical_volume": 0.0, "trend": 104833333.333333, "fair_value": 348961538.461538, "relative_strength": -24.949998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.15037, "energy": 74.589728, "activity_lines": [ 90733333.333333, 93581818.181818, 97528571.428571, 100369892.473118 ] }, { "date": "2023-09-01", "close": 88000000.0, "volume": 0, "typical_volume": 0.0, "trend": 103800000.0, "fair_value": 336705128.205128, "relative_strength": -25.687145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.382509, "energy": 75.733238, "activity_lines": [ 89333333.333333, 92163636.363636, 96395238.095238, 99283870.967742 ] }, { "date": "2023-09-08", "close": 85000000.0, "volume": 0, "typical_volume": 0.0, "trend": 102666666.666667, "fair_value": 333153846.153846, "relative_strength": -26.078841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.98226, "energy": 77.00871, "activity_lines": [ 87600000.0, 90472727.272727, 95057142.857143, 98070967.741935 ] }, { "date": "2023-09-15", "close": 84000000.0, "volume": 0, "typical_volume": 0.0, "trend": 101600000.0, "fair_value": 329608974.358974, "relative_strength": -27.401713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.08357, "energy": 75.083679, "activity_lines": [ 86133333.333333, 88836363.636364, 93714285.714286, 96866666.666667 ] }, { "date": "2023-09-22", "close": 79000000.0, "volume": 0, "typical_volume": 0.0, "trend": 100333333.333333, "fair_value": 326051282.051282, "relative_strength": -29.893935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.974967, "energy": 80.443904, "activity_lines": [ 83400000.0, 86581818.181818, 91942857.142857, 95408602.150538 ] }, { "date": "2023-09-29", "close": 74000000.0, "volume": 0, "typical_volume": 0.0, "trend": 98900000.0, "fair_value": 322685897.435897, "relative_strength": -32.441519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.669569, "energy": 86.901507, "activity_lines": [ 79733333.333333, 83763636.363636, 89771428.571429, 93709677.419355 ] }, { "date": "2023-10-06", "close": 57000000.0, "volume": 0, "typical_volume": 0.0, "trend": 96966666.666667, "fair_value": 319410256.410256, "relative_strength": -46.206998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.676647, "energy": 95.793818, "activity_lines": [ 71400000.0, 78290909.090909, 86176190.47619, 91006451.612903 ] }, { "date": "2023-10-13", "close": 34000000.0, "volume": 0, "typical_volume": 0.0, "trend": 94266666.666667, "fair_value": 315320512.820513, "relative_strength": -67.753193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -98.113057, "energy": 98.438926, "activity_lines": [ 57466666.666667, 69381818.181818, 80647619.047619, 86944086.021505 ] }, { "date": "2023-10-20", "close": 25000000.0, "volume": 0, "typical_volume": 0.0, "trend": 91400000.0, "fair_value": 311051282.051282, "relative_strength": -74.999317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.299044, "energy": 97.835903, "activity_lines": [ 43933333.333333, 59927272.727273, 74609523.809524, 82475268.817204 ] }, { "date": "2023-10-27", "close": 7000000.0, "volume": 0, "typical_volume": 0.0, "trend": 87966666.666667, "fair_value": 307185897.435897, "relative_strength": -92.823957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.724205, "energy": 98.306187, "activity_lines": [ 28333333.333333, 48381818.181818, 67219047.619048, 77030107.526882 ] }, { "date": "2023-11-03", "close": 13000000.0, "volume": 0, "typical_volume": 0.0, "trend": 84800000.0, "fair_value": 303269230.769231, "relative_strength": -87.06578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.147008, "energy": 93.222794, "activity_lines": [ 19533333.333333, 39436363.636364, 60838095.238095, 72193548.387097 ] }, { "date": "2023-11-10", "close": 7000000.0, "volume": 0, "typical_volume": 0.0, "trend": 81533333.333333, "fair_value": 298884615.384615, "relative_strength": -92.850905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.077594, "energy": 92.647984, "activity_lines": [ 12800000.0, 30781818.181818, 54342857.142857, 67174193.548387 ] }, { "date": "2023-11-17", "close": 4125000.0, "volume": 0, "typical_volume": 0.0, "trend": 78204166.666667, "fair_value": 293039262.820513, "relative_strength": -95.841789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.74841, "energy": 91.331477, "activity_lines": [ 8441666.666667, 23077272.727273, 48030952.380952, 62180107.526882 ] }, { "date": "2023-11-24", "close": 2100000.0, "volume": 0, "typical_volume": 0.0, "trend": 75140833.333333, "fair_value": 287456570.512821, "relative_strength": -97.831063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.980622, "energy": 85.296865, "activity_lines": [ 5400000.0, 16475000.0, 41973214.285714, 57270161.290323 ] }, { "date": "2023-12-01", "close": 1375000.0, "volume": 0, "typical_volume": 0.0, "trend": 72020000.0, "fair_value": 282689743.589744, "relative_strength": -98.57087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.024017, "energy": 70.225014, "activity_lines": [ 3643333.333333, 11230000.0, 36312619.047619, 52511075.268817 ] }, { "date": "2023-12-08", "close": 875000.0, "volume": 0, "typical_volume": 0.0, "trend": 68215833.333333, "fair_value": 277990224.358974, "relative_strength": -99.084188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.912811, "energy": 69.114748, "activity_lines": [ 2095000.0, 7305454.545455, 31064523.809524, 47921075.268817 ] }, { "date": "2023-12-15", "close": 525000.0, "volume": 0, "typical_volume": 0.0, "trend": 64533333.333333, "fair_value": 273217948.717949, "relative_strength": -99.437682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.826354, "energy": 68.37184, "activity_lines": [ 1238333.333333, 4646818.181818, 26245595.238095, 43553924.731183 ] }, { "date": "2023-12-22", "close": 300000.0, "volume": 0, "typical_volume": 0.0, "trend": 60976666.666667, "fair_value": 268604487.179487, "relative_strength": -99.670797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.073257, "energy": 67.625564, "activity_lines": [ 738333.333333, 2974090.909091, 21869404.761905, 39409838.709677 ] }, { "date": "2023-12-29", "close": 225000.0, "volume": 0, "typical_volume": 0.0, "trend": 57617500.0, "fair_value": 263836698.717949, "relative_strength": -99.746948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.426404, "energy": 66.904119, "activity_lines": [ 468333.333333, 1900454.545455, 17932261.904762, 35490376.344086 ] }, { "date": "2024-01-05", "close": 175000.0, "volume": 0, "typical_volume": 0.0, "trend": 54323333.333333, "fair_value": 259286538.461538, "relative_strength": -99.79905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.247197, "energy": 70.143781, "activity_lines": [ 306666.666667, 1268181.818182, 14417857.142857, 31784408.602151 ] }, { "date": "2024-01-12", "close": 100000.0, "volume": 0, "typical_volume": 0.0, "trend": 50693333.333333, "fair_value": 254915384.615385, "relative_strength": -99.881741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.825557, "energy": 87.896912, "activity_lines": [ 200000.0, 746363.636364, 11324047.619048, 28286129.032258 ] }, { "date": "2024-01-19", "close": 75000.0, "volume": 0, "typical_volume": 0.0, "trend": 47262500.0, "fair_value": 250749198.717949, "relative_strength": -99.907244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.296103, "energy": 89.342795, "activity_lines": [ 136666.666667, 454545.454545, 8651190.47619, 25020430.107527 ] }, { "date": "2024-01-26", "close": 50000.0, "volume": 0, "typical_volume": 0.0, "trend": 43997500.0, "fair_value": 246711057.692308, "relative_strength": -99.936237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.522008, "energy": 89.665396, "activity_lines": [ 95000.0, 284090.909091, 6394642.857143, 21974462.365591 ] }, { "date": "2024-02-02", "close": 37500.0, "volume": 0, "typical_volume": 0.0, "trend": 40665416.666667, "fair_value": 242301041.666667, "relative_strength": -99.951097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.52272, "energy": 89.682124, "activity_lines": [ 65833.333333, 185454.545455, 4541428.571429, 19138333.333333 ] }, { "date": "2024-02-09", "close": 10000.0, "volume": 0, "typical_volume": 0.0, "trend": 37399083.333333, "fair_value": 237807516.025641, "relative_strength": -99.986695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.163109, "energy": 89.907088, "activity_lines": [ 40000.0, 119318.181818, 3085416.666667, 16515403.225806 ] }, { "date": "2024-02-16", "close": 10000.0, "volume": 2, "typical_volume": 0.1, "trend": 34132750.0, "fair_value": 233192195.512821, "relative_strength": -99.986487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.958935, "energy": 89.835627, "activity_lines": [ 25166.666667, 78000.0, 2005547.619048, 14103204.301075 ] }, { "date": "2024-02-23", "close": 11000.0, "volume": 3, "typical_volume": 0.25, "trend": 30866450.0, "fair_value": 228576881.410256, "relative_strength": -99.985041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.605033, "energy": 89.711761, "activity_lines": [ 16666.666667, 52590.909091, 1278107.142857, 11901801.075269 ] }, { "date": "2024-03-01", "close": 36000.0, "volume": 4, "typical_volume": 0.45, "trend": 27734316.666667, "fair_value": 224173266.025641, "relative_strength": -99.949577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.666667, "energy": 89.033333, "activity_lines": [ 20766.666667, 41072.727273, 824423.809524, 9912739.784946 ] }, { "date": "2024-03-08", "close": 22000.0, "volume": 3, "typical_volume": 0.6, "trend": 24735050.0, "fair_value": 219788791.666667, "relative_strength": -99.968439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.333333, "energy": 88.566667, "activity_lines": [ 21133.333333, 31809.090909, 531140.47619, 8124848.387097 ] }, { "date": "2024-03-15", "close": 18000.0, "volume": 0, "typical_volume": 0.6, "trend": 21735650.0, "fair_value": 215461983.974359, "relative_strength": -99.973483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.523321, "energy": 88.983162, "activity_lines": [ 21200.0, 25509.090909, 356419.047619, 6530200.0 ] }, { "date": "2024-03-22", "close": 11000.0, "volume": 4, "typical_volume": 0.8, "trend": 18769350.0, "fair_value": 211250516.025641, "relative_strength": -99.983298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.429274, "energy": 90.000246, "activity_lines": [ 18400.0, 20790.909091, 214278.571429, 5128609.677419 ] }, { "date": "2024-03-29", "close": 10000.0, "volume": 1, "typical_volume": 0.85, "trend": 15836350.0, "fair_value": 207071092.948718, "relative_strength": -99.984357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.617678, "energy": 89.716187, "activity_lines": [ 15200.0, 17509.090909, 133895.238095, 3918329.032258 ] }, { "date": "2024-04-05", "close": 10500.0, "volume": 0, "typical_volume": 0.85, "trend": 13003366.666667, "fair_value": 202936544.871795, "relative_strength": -99.982492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.993386, "energy": 89.147685, "activity_lines": [ 12233.333333, 15500.0, 86845.238095, 2897306.451613 ] }, { "date": "2024-04-12", "close": 6500.0, "volume": 3, "typical_volume": 1.0, "trend": 10203583.333333, "fair_value": 198801971.153846, "relative_strength": -99.988614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.300531, "energy": 90.655186, "activity_lines": [ 9633.333333, 13481.818182, 59007.142857, 2058798.924731 ] }, { "date": "2024-04-19", "close": 5000.0, "volume": 3, "typical_volume": 1.15, "trend": 7570416.666667, "fair_value": 194757131.410256, "relative_strength": -99.990895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.835624, "energy": 71.192468, "activity_lines": [ 7566.666667, 11754.545455, 40995.238095, 1400825.806452 ] }, { "date": "2024-04-26", "close": 4500.0, "volume": 7, "typical_volume": 1.5, "trend": 5103900.0, "fair_value": 190904596.153846, "relative_strength": -99.991534, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.726418, "energy": 70.804246, "activity_lines": [ 6200.0, 10027.272727, 29459.52381, 912702.150538 ] }, { "date": "2024-05-03", "close": 5000.0, "volume": 5, "typical_volume": 1.75, "trend": 3204066.666667, "fair_value": 187705910.25641, "relative_strength": -99.989989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.149097, "energy": 69.902184, "activity_lines": [ 5433.333333, 8490.909091, 22116.666667, 583740.860215 ] }, { "date": "2024-05-10", "close": 3500.0, "volume": 7, "typical_volume": 2.1, "trend": 2070850.0, "fair_value": 184571317.307692, "relative_strength": -99.992809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.353798, "energy": 70.673829, "activity_lines": [ 4500.0, 6790.909091, 17107.142857, 377252.688172 ] }, { "date": "2024-05-17", "close": 2500.0, "volume": 18, "typical_volume": 3.0, "trend": 1237600.0, "fair_value": 180789282.051282, "relative_strength": -99.994677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.424635, "energy": 71.048622, "activity_lines": [ 3700.0, 5500.0, 13414.285714, 243810.752688 ] }, { "date": "2024-05-24", "close": 500.0, "volume": 47, "typical_volume": 5.35, "trend": 1004283.333333, "fair_value": 177430310.897436, "relative_strength": -99.99884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.528046, "energy": 72.134816, "activity_lines": [ 2500.0, 4200.0, 10590.47619, 163997.849462 ] }, { "date": "2024-05-31", "close": 1651.5, "volume": 18, "typical_volume": 6.25, "trend": 571005.05, "fair_value": 172257244.560897, "relative_strength": -99.995935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.871038, "energy": 70.154863, "activity_lines": [ 1983.833333, 3427.545455, 8707.285714, 99311.924731 ] }, { "date": "2024-06-07", "close": 1645.0, "volume": 140, "typical_volume": 13.25, "trend": 337726.55, "fair_value": 167770075.61859, "relative_strength": -99.995716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.091956, "energy": 69.532185, "activity_lines": [ 1655.4, 2823.881818, 7291.802381, 62579.01828 ] }, { "date": "2024-06-14", "close": 840.0, "volume": 82, "typical_volume": 17.35, "trend": 200254.55, "fair_value": 163507260.490385, "relative_strength": -99.99751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.371145, "energy": 71.029901, "activity_lines": [ 1282.3, 2225.763636, 6148.961905, 40844.402151 ] }, { "date": "2024-06-21", "close": 510.0, "volume": 125, "typical_volume": 23.6, "trend": 130271.55, "fair_value": 159039315.041667, "relative_strength": -99.998405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.490544, "energy": 71.77169, "activity_lines": [ 976.533333, 1743.281818, 5208.788095, 27957.656989 ] }, { "date": "2024-06-28", "close": 256.0, "volume": 178, "typical_volume": 32.5, "trend": 84446.75, "fair_value": 154641880.785256, "relative_strength": -99.999135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.639643, "energy": 72.173875, "activity_lines": [ 718.766667, 1323.527273, 4420.566667, 19569.556989 ] }, { "date": "2024-07-05", "close": 324.0, "volume": 178, "typical_volume": 41.3, "trend": 55290.883333, "fair_value": 150558549.528846, "relative_strength": -99.998843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.178334, "energy": 70.612417, "activity_lines": [ 499.933333, 1002.390909, 3685.221429, 14142.282796 ] }, { "date": "2024-07-12", "close": 135.0, "volume": 429, "typical_volume": 62.6, "trend": 37795.383333, "fair_value": 146590601.676282, "relative_strength": -99.999485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.929385, "energy": 70.875285, "activity_lines": [ 306.6, 722.818182, 2977.952381, 10583.83871 ] }, { "date": "2024-07-19", "close": 100.0, "volume": 680, "typical_volume": 96.4, "trend": 27798.716667, "fair_value": 142584192.060897, "relative_strength": -99.999578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.962772, "energy": 70.536969, "activity_lines": [ 202.266667, 525.336364, 2319.088095, 8151.878495 ] }, { "date": "2024-07-26", "close": 112.0, "volume": 632, "typical_volume": 127.85, "trend": 20302.45, "fair_value": 138705987.650641, "relative_strength": -99.999473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.3109, "energy": 69.958788, "activity_lines": [ 151.266667, 391.854545, 1832.319048, 6365.63871 ] }, { "date": "2024-08-02", "close": 70.0, "volume": 725, "typical_volume": 164.1, "trend": 14471.45, "fair_value": 134802141.945513, "relative_strength": -99.999614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.582852, "energy": 70.053489, "activity_lines": [ 112.8, 294.154545, 1445.778571, 5060.319355 ] }, { "date": "2024-08-09", "close": 45.0, "volume": 1013, "typical_volume": 214.55, "trend": 11139.616667, "fair_value": 130789321.721154, "relative_strength": -99.999719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.4824, "energy": 70.016678, "activity_lines": [ 78.4, 199.727273, 1142.238095, 4129.580645 ] }, { "date": "2024-08-16", "close": 33.0, "volume": 983, "typical_volume": 263.65, "trend": 8640.716667, "fair_value": 126782911.676282, "relative_strength": -99.999774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.310176, "energy": 69.949495, "activity_lines": [ 58.6, 132.327273, 889.721429, 3413.024731 ] }, { "date": "2024-08-23", "close": 20.0, "volume": 2614, "typical_volume": 394.35, "trend": 6974.716667, "fair_value": 122866245.137821, "relative_strength": -99.999844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.590498, "energy": 75.937646, "activity_lines": [ 41.266667, 91.872727, 683.428571, 2856.849462 ] }, { "date": "2024-08-30", "close": 7.0, "volume": 4608, "typical_volume": 624.6, "trend": 5724.95, "fair_value": 119084193.900641, "relative_strength": -99.999937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.817885, "energy": 90.13254, "activity_lines": [ 24.933333, 63.963636, 525.802381, 2407.319355 ] }, { "date": "2024-09-06", "close": 15.0, "volume": 5917, "typical_volume": 920.3, "trend": 5392.116667, "fair_value": 115468809.38141, "relative_strength": -99.99983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.504119, "energy": 89.67605, "activity_lines": [ 18.266667, 46.654545, 399.857143, 2038.935484 ] }, { "date": "2024-09-13", "close": 5.0, "volume": 8687, "typical_volume": 1354.3, "trend": 5058.95, "fair_value": 112026501.721154, "relative_strength": -99.999929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.844663, "energy": 90.145628, "activity_lines": [ 11.933333, 31.909091, 296.697619, 1691.37957 ] }, { "date": "2024-09-20", "close": 2.0, "volume": 21441, "typical_volume": 2426.1, "trend": 4692.35, "fair_value": 108257270.964744, "relative_strength": -99.999962, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.935774, "energy": 90.177521, "activity_lines": [ 7.266667, 22.418182, 214.657143, 1365.124731 ] }, { "date": "2024-09-27", "close": 1.0, "volume": 42130, "typical_volume": 4532.25, "trend": 3492.383333, "fair_value": 105097014.560897, "relative_strength": -99.999973, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.739739, "energy": 90.108909, "activity_lines": [ 4.333333, 15.163636, 156.321429, 1062.456989 ] }, { "date": "2024-10-04", "close": 1.0, "volume": 9153, "typical_volume": 4989.0, "trend": 2759.083333, "fair_value": 102417527.387821, "relative_strength": -99.999955, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.195099, "energy": 89.918285, "activity_lines": [ 2.666667, 9.709091, 114.647619, 837.206452 ] }, { "date": "2024-10-11", "close": 1.0, "volume": 1831, "typical_volume": 5078.2, "trend": 2159.116667, "fair_value": 99789322.266026, "relative_strength": -99.999931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.49238, "energy": 89.672333, "activity_lines": [ 1.4, 6.272727, 84.87381, 659.265591 ] }, { "date": "2024-10-18", "close": 1.0, "volume": 4135, "typical_volume": 5284.05, "trend": 1792.483333, "fair_value": 97302142.785256, "relative_strength": -99.999886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.111683, "energy": 89.539089, "activity_lines": [ 1.066667, 4.090909, 57.47619, 520.032258 ] }, { "date": "2024-10-25", "close": 1.0, "volume": 974, "typical_volume": 5325.75, "trend": 1459.183333, "fair_value": 95943168.432692, "relative_strength": -99.999856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.666667, "energy": 89.033333, "activity_lines": [ 1.0, 2.709091, 37.938095, 404.452688 ] }, { "date": "2024-11-01", "close": 1.0, "volume": 6301, "typical_volume": 5636.7, "trend": 1109.216667, "fair_value": 94250860.746795, "relative_strength": -99.999744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.333333, "energy": 88.566667, "activity_lines": [ 1.0, 1.909091, 26.228571, 310.376344 ] }, { "date": "2024-11-08", "close": 1.0, "volume": 6242, "typical_volume": 5942.55, "trend": 892.583333, "fair_value": 92770091.522436, "relative_strength": -99.999548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.0, "energy": 88.1, "activity_lines": [ 1.0, 1.454545, 18.514286, 238.878495 ] }, { "date": "2024-11-15", "close": 1.0, "volume": 9709, "typical_volume": 6419.1, "trend": 725.95, "fair_value": 91417527.426282, "relative_strength": -99.99924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.666667, "energy": 87.633333, "activity_lines": [ 1.0, 1.109091, 13.22381, 181.356989 ] }, { "date": "2024-11-22", "close": 1.0, "volume": 10021, "typical_volume": 6911.25, "trend": 575.983333, "fair_value": 90058553.073718, "relative_strength": -99.998795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.333333, "energy": 87.166667, "activity_lines": [ 1.0, 1.018182, 9.147619, 134.586022 ] }, { "date": "2024-11-29", "close": 0.62, "volume": 6776, "typical_volume": 7228.6, "trend": 409.337333, "fair_value": 88744450.51359, "relative_strength": -99.998836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.685319, "energy": 88.339862, "activity_lines": [ 0.873333, 0.930909, 6.573333, 97.465806 ] }, { "date": "2024-12-06", "close": 0.3945, "volume": 64374, "typical_volume": 10413.3, "trend": 292.683817, "fair_value": 87391886.413554, "relative_strength": -99.998909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.119233, "energy": 89.891732, "activity_lines": [ 0.696833, 0.827727, 4.617476, 71.082398 ] }, { "date": "2024-12-13", "close": 0.18, "volume": 77663, "typical_volume": 14264.85, "trend": 209.356483, "fair_value": 86039322.312144, "relative_strength": -99.999271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.02057, "energy": 94.0572, "activity_lines": [ 0.4892, 0.696555, 3.115502, 52.211184 ] }, { "date": "2024-12-20", "close": 0.13, "volume": 56108, "typical_volume": 17034.0, "trend": 192.69415, "fair_value": 84686758.210413, "relative_strength": -99.999257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.806841, "energy": 96.082394, "activity_lines": [ 0.319567, 0.5712, 2.141243, 38.712701 ] }, { "date": "2024-12-27", "close": 0.103, "volume": 31004, "typical_volume": 18533.55, "trend": 137.647583, "fair_value": 83391886.416202, "relative_strength": -99.999197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.056762, "energy": 95.819867, "activity_lines": [ 0.198933, 0.456755, 1.497126, 26.287466 ] }, { "date": "2025-01-03", "close": 0.101, "volume": 194275, "typical_volume": 28198.15, "trend": 82.817617, "fair_value": 82154706.92967, "relative_strength": -99.998883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.322332, "energy": 92.412816, "activity_lines": [ 0.137433, 0.358255, 1.066614, 17.413492 ] }, { "date": "2025-01-10", "close": 0.0501, "volume": 429393, "typical_volume": 49537.1, "trend": 54.819287, "fair_value": 80968809.494094, "relative_strength": -99.999292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.496973, "energy": 72.82394, "activity_lines": [ 0.093567, 0.266845, 0.787917, 12.073653 ] }, { "date": "2025-01-17", "close": 0.04, "volume": 678800, "typical_volume": 83246.7, "trend": 37.82062, "fair_value": 79847014.622555, "relative_strength": -99.999284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.39875, "energy": 71.739562, "activity_lines": [ 0.069293, 0.190871, 0.603257, 8.539505 ] }, { "date": "2025-01-24", "close": 0.0155, "volume": 3746246, "typical_volume": 270263.15, "trend": 29.287803, "fair_value": 77879065.904706, "relative_strength": -99.99965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.565317, "energy": 71.797861, "activity_lines": [ 0.046187, 0.127896, 0.449406, 6.100465 ] }, { "date": "2025-01-31", "close": 0.021, "volume": 1029744, "typical_volume": 321316.0, "trend": 18.488503, "fair_value": 75994450.520225, "relative_strength": -99.999418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.493512, "energy": 70.372729, "activity_lines": [ 0.032547, 0.083822, 0.367434, 4.212284 ] }, { "date": "2025-02-07", "close": 0.105, "volume": 2349621, "typical_volume": 437725.0, "trend": 13.992003, "fair_value": 74045732.57218, "relative_strength": -99.996947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.666667, "energy": 69.033333, "activity_lines": [ 0.052373, 0.07282, 0.317172, 3.026252 ] }, { "date": "2025-02-14", "close": 0.0755, "volume": 2066944, "typical_volume": 538965.7, "trend": 10.661187, "fair_value": 72167527.444459, "relative_strength": -99.997709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.333333, "energy": 68.566667, "activity_lines": [ 0.0621, 0.065818, 0.273124, 2.128413 ] }, { "date": "2025-02-21", "close": 0.076, "volume": 369734, "typical_volume": 556994.75, "trend": 6.930387, "fair_value": 70423937.701356, "relative_strength": -99.997536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.999998, "energy": 64.949999, "activity_lines": [ 0.0703, 0.064707, 0.233526, 1.445498 ] }, { "date": "2025-02-28", "close": 0.0525, "volume": 402909, "typical_volume": 577048.65, "trend": 4.598803, "fair_value": 69064963.342719, "relative_strength": -99.997708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.329229, "energy": 65.76523, "activity_lines": [ 0.068267, 0.061215, 0.19609, 1.001763 ] }, { "date": "2025-03-07", "close": 0.078, "volume": 747041, "typical_volume": 614193.95, "trend": 3.101403, "fair_value": 67654706.932962, "relative_strength": -99.995663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.666666, "energy": 64.483333, "activity_lines": [ 0.072267, 0.063767, 0.165594, 0.710098 ] }, { "date": "2025-03-14", "close": 0.0815, "volume": 1110376, "typical_volume": 669664.05, "trend": 2.00412, "fair_value": 65500860.779638, "relative_strength": -99.994208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.333332, "energy": 64.016666, "activity_lines": [ 0.073633, 0.067411, 0.139822, 0.515266 ] }, { "date": "2025-03-21", "close": 0.078, "volume": 248182, "typical_volume": 681758.1, "trend": 1.340053, "fair_value": 63891886.421164, "relative_strength": -99.993393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.333302, "energy": 64.016655, "activity_lines": [ 0.0754, 0.070773, 0.11809, 0.391 ] }, { "date": "2025-03-28", "close": 0.0635, "volume": 336266, "typical_volume": 698259.3, "trend": 1.108837, "fair_value": 62340604.370289, "relative_strength": -99.993367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.555859, "energy": 66.544541, "activity_lines": [ 0.072167, 0.070991, 0.099369, 0.308642 ] }, { "date": "2025-04-04", "close": 0.0695, "volume": 28244, "typical_volume": 699186.05, "trend": 0.611153, "fair_value": 60847014.627145, "relative_strength": -99.989316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.908499, "energy": 68.767438, "activity_lines": [ 0.071767, 0.071873, 0.085678, 0.241588 ] }, { "date": "2025-04-11", "close": 0.0698, "volume": 212648, "typical_volume": 709317.4, "trend": 0.446813, "fair_value": 59385476.166054, "relative_strength": -99.98639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.454371, "energy": 68.248712, "activity_lines": [ 0.070333, 0.071827, 0.076446, 0.206662 ] }, { "date": "2025-04-18", "close": 0.068, "volume": 40900, "typical_volume": 711023.6, "trend": 0.382413, "fair_value": 57988040.269054, "relative_strength": -99.984556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.066965, "energy": 68.747172, "activity_lines": [ 0.068847, 0.070567, 0.071473, 0.182222 ] }, { "date": "2025-04-25", "close": 0.0672, "volume": 70000, "typical_volume": 711304.9, "trend": 0.35132, "fair_value": 56648296.679741, "relative_strength": -99.981471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.154074, "energy": 65.644247, "activity_lines": [ 0.067993, 0.069835, 0.069052, 0.161886 ] }, { "date": "2025-05-02", "close": 0.068, "volume": 70371, "typical_volume": 710940.3, "trend": 0.320253, "fair_value": 55372655.654536, "relative_strength": -99.974105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.734887, "energy": 63.904157, "activity_lines": [ 0.068127, 0.069398, 0.068266, 0.143607 ] }, { "date": "2025-05-09", "close": 0.107, "volume": 1512590, "typical_volume": 783764.4, "trend": 0.290487, "fair_value": 54122655.655222, "relative_strength": -99.944639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.64635, "energy": 54.309863, "activity_lines": [ 0.08096, 0.076198, 0.071727, 0.129849 ] }, { "date": "2025-05-16", "close": 0.096, "volume": 416198, "typical_volume": 803024.1, "trend": 0.260353, "fair_value": 52847014.630196, "relative_strength": -99.933506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.272214, "energy": 44.670995, "activity_lines": [ 0.087627, 0.080007, 0.07425, 0.117301 ] }, { "date": "2025-05-23", "close": 0.097, "volume": 110920, "typical_volume": 798856.35, "trend": 0.230253, "fair_value": 51564963.348767, "relative_strength": -99.924909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.867129, "energy": 26.348323, "activity_lines": [ 0.09288, 0.083671, 0.076902, 0.106762 ] }, { "date": "2025-05-30", "close": 0.108, "volume": 201557, "typical_volume": 787464.55, "trend": 0.20052, "fair_value": 50135476.169972, "relative_strength": -99.885436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.407683, "energy": 17.456675, "activity_lines": [ 0.099867, 0.089053, 0.080621, 0.098875 ] }, { "date": "2025-06-06", "close": 0.115, "volume": 445251, "typical_volume": 775787.1, "trend": 0.17102, "fair_value": 48789322.324555, "relative_strength": -99.803168, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.781288, "energy": 22.922794, "activity_lines": [ 0.106467, 0.095162, 0.08473, 0.093358 ] }, { "date": "2025-06-13", "close": 0.116, "volume": 272244, "typical_volume": 602087.0, "trend": 0.141553, "fair_value": 47462399.248376, "relative_strength": -99.688594, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.935635, "energy": 27.997113, "activity_lines": [ 0.110267, 0.100516, 0.088578, 0.089808 ] }, { "date": "2025-06-20", "close": 0.118, "volume": 390271, "typical_volume": 570113.35, "trend": 0.112153, "fair_value": 46173937.710671, "relative_strength": -99.537341, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.074509, "energy": 43.73062, "activity_lines": [ 0.114133, 0.105389, 0.092138, 0.088288 ] }, { "date": "2025-06-27", "close": 0.12, "volume": 39738, "typical_volume": 454619.2, "trend": 0.095487, "fair_value": 45699578.737081, "relative_strength": -99.398133, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.757438, "energy": 63.766306, "activity_lines": [ 0.1172, 0.109749, 0.095426, 0.088795 ] }, { "date": "2025-07-04", "close": 0.118, "volume": 377829, "typical_volume": 370163.45, "trend": 0.08627, "fair_value": 44693168.481427, "relative_strength": -99.06471, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.858631, "energy": 64.858885, "activity_lines": [ 0.118067, 0.1128, 0.098452, 0.090247 ] }, { "date": "2025-07-11", "close": 0.12, "volume": 326223, "typical_volume": 367987.9, "trend": 0.08427, "fair_value": 43988040.277068, "relative_strength": -98.769872, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.274633, "energy": 62.385266, "activity_lines": [ 0.118933, 0.115291, 0.101466, 0.092423 ] }, { "date": "2025-07-18", "close": 0.1115, "volume": 124277, "typical_volume": 354056.3, "trend": 0.083653, "fair_value": 43250860.790603, "relative_strength": -98.522882, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.873861, "energy": 43.577215, "activity_lines": [ 0.116633, 0.115291, 0.103461, 0.09418 ] }, { "date": "2025-07-25", "close": 0.11, "volume": 183414, "typical_volume": 325874.95, "trend": 0.083887, "fair_value": 42545732.58618, "relative_strength": -97.814793, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.5659, "energy": 33.230281, "activity_lines": [ 0.114133, 0.114936, 0.105033, 0.09588 ] }, { "date": "2025-08-01", "close": 0.11, "volume": 4409, "typical_volume": 270576.6, "trend": 0.084187, "fair_value": 41834194.125347, "relative_strength": -96.625647, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.559529, "energy": 27.852415, "activity_lines": [ 0.112167, 0.114327, 0.106452, 0.097565 ] }, { "date": "2025-08-08", "close": 0.105, "volume": 18503, "typical_volume": 259092.65, "trend": 0.086017, "fair_value": 41084194.12602, "relative_strength": -95.365723, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.298005, "energy": 22.284, "activity_lines": [ 0.1092, 0.112573, 0.107259, 0.098907 ] }, { "date": "2025-08-15", "close": 0.101, "volume": 112818, "typical_volume": 247920.25, "trend": 0.08805, "fair_value": 40161117.20359, "relative_strength": -93.286729, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.30547, "energy": 22.27286, "activity_lines": [ 0.105767, 0.110145, 0.107557, 0.099874 ] }, { "date": "2025-08-22", "close": 0.1045, "volume": 59950, "typical_volume": 249505.55, "trend": 0.091017, "fair_value": 39231630.024773, "relative_strength": -89.899502, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.938623, "energy": 19.657676, "activity_lines": [ 0.104767, 0.108609, 0.108009, 0.100935 ] }, { "date": "2025-08-29", "close": 0.1075, "volume": 121587, "typical_volume": 244952.5, "trend": 0.0939, "fair_value": 38282912.076744, "relative_strength": -87.275178, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.807596, "energy": 14.942434, "activity_lines": [ 0.105233, 0.107827, 0.10858, 0.101999 ] }, { "date": "2025-09-05", "close": 0.102, "volume": 79330, "typical_volume": 246874.0, "trend": 0.0938, "fair_value": 37411117.205603, "relative_strength": -78.502222, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.035533, "energy": 13.200759, "activity_lines": [ 0.104033, 0.106236, 0.108449, 0.102521 ] }, { "date": "2025-09-12", "close": 0.1005, "volume": 26554, "typical_volume": 244701.7, "trend": 0.094633, "fair_value": 36494450.539581, "relative_strength": -72.495632, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.955159, "energy": 9.4013, "activity_lines": [ 0.102867, 0.1047, 0.108012, 0.102954 ] }, { "date": "2025-09-19", "close": 0.102, "volume": 23819, "typical_volume": 242374.1, "trend": 0.0955, "fair_value": 35693168.488953, "relative_strength": -67.820906, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.92002, "energy": 10.557643, "activity_lines": [ 0.1025, 0.103755, 0.10756, 0.103429 ] }, { "date": "2025-09-26", "close": 0.105, "volume": 36768, "typical_volume": 168583.0, "trend": 0.09725, "fair_value": 34898296.694754, "relative_strength": -64.751057, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.671391, "energy": 11.012094, "activity_lines": [ 0.103067, 0.103682, 0.107231, 0.104042 ] }, { "date": "2025-10-03", "close": 0.102, "volume": 43427, "typical_volume": 149944.45, "trend": 0.09805, "fair_value": 34148296.695408, "relative_strength": -63.487283, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.894499, "energy": 9.406574, "activity_lines": [ 0.1026, 0.103182, 0.106626, 0.104348 ] }, { "date": "2025-10-10", "close": 0.106, "volume": 60300, "typical_volume": 147413.45, "trend": 0.098867, "fair_value": 33455989.003779, "relative_strength": -57.601672, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.341486, "energy": 9.384058, "activity_lines": [ 0.103833, 0.103555, 0.106374, 0.104861 ] }, { "date": "2025-10-17", "close": 0.15, "volume": 428390, "typical_volume": 158755.1, "trend": 0.101267, "fair_value": 32763681.312433, "relative_strength": -34.314007, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 80.595998, "energy": 72.231729, "activity_lines": [ 0.119467, 0.112, 0.110269, 0.10816 ] }, { "date": "2025-10-24", "close": 0.13, "volume": 816332, "typical_volume": 177309.15, "trend": 0.103483, "fair_value": 32122655.672241, "relative_strength": -38.490931, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.796419, "energy": 72.967174, "activity_lines": [ 0.125133, 0.115991, 0.11206, 0.110014 ] }, { "date": "2025-10-31", "close": 0.3, "volume": 1437743, "typical_volume": 235584.1, "trend": 0.111167, "fair_value": 31513681.31519, "relative_strength": 52.595309, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.206317, "energy": 95.161791, "activity_lines": [ 0.1856, 0.150364, 0.129969, 0.122692 ] }, { "date": "2025-11-07", "close": 0.6, "volume": 1575235, "typical_volume": 294832.3, "trend": 0.12884, "fair_value": 30904706.960062, "relative_strength": 228.658355, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.809305, "energy": 98.33474, "activity_lines": [ 0.333067, 0.235727, 0.175574, 0.15423 ] }, { "date": "2025-11-14", "close": 0.516, "volume": 2395148, "typical_volume": 412602.8, "trend": 0.143773, "fair_value": 30289322.347985, "relative_strength": 199.442211, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.965177, "energy": 97.386545, "activity_lines": [ 0.419333, 0.296864, 0.210883, 0.179208 ] }, { "date": "2025-11-21", "close": 0.51, "volume": 1695679, "typical_volume": 478495.3, "trend": 0.158533, "fair_value": 29673937.735869, "relative_strength": 234.616967, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.576151, "energy": 92.727748, "activity_lines": [ 0.476267, 0.349382, 0.243736, 0.202835 ] }, { "date": "2025-11-28", "close": 0.427, "volume": 1602426, "typical_volume": 542305.45, "trend": 0.1705, "fair_value": 29052142.866812, "relative_strength": 189.222919, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.402865, "energy": 87.275524, "activity_lines": [ 0.481533, 0.379364, 0.266817, 0.220156 ] }, { "date": "2025-12-05", "close": 0.285, "volume": 1519869, "typical_volume": 612085.05, "trend": 0.176433, "fair_value": 28462399.278895, "relative_strength": 98.061973, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.821933, "energy": 60.717436, "activity_lines": [ 0.419667, 0.377618, 0.274912, 0.227543 ] }, { "date": "2025-12-12", "close": 0.16, "volume": 2763707, "typical_volume": 741099.7, "trend": 0.178567, "fair_value": 27917527.485049, "relative_strength": 11.948894, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.581224, "energy": 23.981666, "activity_lines": [ 0.317133, 0.349873, 0.270276, 0.226483 ] }, { "date": "2025-12-19", "close": 0.12, "volume": 3557697, "typical_volume": 918764.1, "trend": 0.179333, "fair_value": 27347014.665305, "relative_strength": -17.80943, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.860179, "energy": 23.644683, "activity_lines": [ 0.2306, 0.3138, 0.261593, 0.222704 ] }, { "date": "2025-12-26", "close": 0.1195, "volume": 734123, "typical_volume": 954545.1, "trend": 0.179717, "fair_value": 26770091.589148, "relative_strength": -17.711737, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.827885, "energy": 34.330627, "activity_lines": [ 0.1703, 0.277382, 0.252814, 0.218844 ] }, { "date": "2026-01-02", "close": 0.098, "volume": 3426019, "typical_volume": 1120205.15, "trend": 0.17915, "fair_value": 26193168.512853, "relative_strength": -33.342624, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.52383, "energy": 40.028603, "activity_lines": [ 0.128867, 0.237609, 0.241919, 0.213572 ] }, { "date": "2026-01-09", "close": 0.175, "volume": 5105772, "typical_volume": 1372496.25, "trend": 0.181117, "fair_value": 25455989.026796, "relative_strength": 16.473755, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.161608, "energy": 33.13138, "activity_lines": [ 0.135033, 0.212418, 0.238371, 0.213304 ] }, { "date": "2026-01-16", "close": 0.126, "volume": 8739883, "typical_volume": 1803411.05, "trend": 0.181383, "fair_value": 24552142.873757, "relative_strength": -17.086886, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.335983, "energy": 30.232624, "activity_lines": [ 0.1322, 0.180591, 0.229821, 0.209748 ] }, { "date": "2026-01-23", "close": 0.112, "volume": 6540626, "typical_volume": 2126475.85, "trend": 0.181117, "fair_value": 23770091.592424, "relative_strength": -25.600748, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.462276, "energy": 27.431872, "activity_lines": [ 0.126967, 0.154836, 0.21985, 0.205272 ] }, { "date": "2026-01-30", "close": 0.108, "volume": 4329389, "typical_volume": 2341617.6, "trend": 0.180783, "fair_value": 23007271.080296, "relative_strength": -30.072496, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.955568, "energy": 26.611532, "activity_lines": [ 0.120933, 0.1357, 0.20945, 0.200555 ] }, { "date": "2026-02-06", "close": 0.098, "volume": 2677324, "typical_volume": 2474292.85, "trend": 0.18005, "fair_value": 22244450.568103, "relative_strength": -36.781422, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.37942, "energy": 40.652725, "activity_lines": [ 0.112333, 0.122055, 0.198062, 0.195214 ] }, { "date": "2026-02-13", "close": 0.098, "volume": 1291376, "typical_volume": 2537023.25, "trend": 0.1796, "fair_value": 21500860.825142, "relative_strength": -36.222188, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.943457, "energy": 55.906796, "activity_lines": [ 0.103733, 0.114391, 0.186693, 0.18992 ] }, { "date": "2026-02-20", "close": 0.093, "volume": 2305161, "typical_volume": 2650109.95, "trend": 0.179033, "fair_value": 20750860.825738, "relative_strength": -40.840963, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.644521, "energy": 63.479721, "activity_lines": [ 0.0986, 0.109218, 0.174881, 0.184333 ] }, { "date": "2026-02-27", "close": 0.098, "volume": 579406, "typical_volume": 2676065.25, "trend": 0.178633, "fair_value": 20000860.826366, "relative_strength": -38.882915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -37.074304, "energy": 64.604934, "activity_lines": [ 0.097333, 0.106173, 0.163588, 0.179105 ] }, { "date": "2026-03-06", "close": 0.0898, "volume": 793188, "typical_volume": 2694305.15, "trend": 0.178127, "fair_value": 19263681.339762, "relative_strength": -40.122307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.986883, "energy": 80.839797, "activity_lines": [ 0.094267, 0.102036, 0.151552, 0.173374 ] }, { "date": "2026-03-13", "close": 0.092, "volume": 1743377, "typical_volume": 2740657.4, "trend": 0.177827, "fair_value": 18526501.853172, "relative_strength": -38.87254, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.785794, "energy": 82.559825, "activity_lines": [ 0.093147, 0.09884, 0.140013, 0.167818 ] }, { "date": "2026-03-20", "close": 0.084, "volume": 1091111, "typical_volume": 2723325.8, "trend": 0.177143, "fair_value": 17814963.392172, "relative_strength": -42.252845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.691301, "energy": 85.099176, "activity_lines": [ 0.08976, 0.094298, 0.127892, 0.161764 ] }, { "date": "2026-03-27", "close": 0.095, "volume": 1426796, "typical_volume": 2715903.85, "trend": 0.176727, "fair_value": 17109835.187653, "relative_strength": -35.7013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.418418, "energy": 80.826347, "activity_lines": [ 0.090973, 0.093411, 0.117848, 0.156465 ] }, { "date": "2026-04-03", "close": 0.0928, "volume": 690998, "typical_volume": 2630696.35, "trend": 0.17642, "fair_value": 16417527.49594, "relative_strength": -40.291767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.402251, "energy": 70.107281, "activity_lines": [ 0.09132, 0.092687, 0.109999, 0.15105 ] }, { "date": "2026-04-10", "close": 0.098, "volume": 2084596, "typical_volume": 2650142.2, "trend": 0.176337, "fair_value": 15744450.573492, "relative_strength": -39.576132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.406918, "energy": 57.131281, "activity_lines": [ 0.093747, 0.093258, 0.10466, 0.145991 ] }, { "date": "2026-04-17", "close": 0.098, "volume": 694353, "typical_volume": 2604738.55, "trend": 0.176203, "fair_value": 15077783.907453, "relative_strength": -41.172383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.310107, "energy": 60.255936, "activity_lines": [ 0.095627, 0.094011, 0.101284, 0.140937 ] }, { "date": "2026-04-24", "close": 0.0996, "volume": 603899, "typical_volume": 2558940.05, "trend": 0.176023, "fair_value": 14475219.805528, "relative_strength": -38.790507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.713133, "energy": 63.692096, "activity_lines": [ 0.09764, 0.095055, 0.099626, 0.135995 ] }, { "date": "2026-05-01", "close": 0.095, "volume": 792988, "typical_volume": 2460404.1, "trend": 0.17579, "fair_value": 13866245.447162, "relative_strength": -42.39465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.662886, "energy": 54.743841, "activity_lines": [ 0.09708, 0.095233, 0.098413, 0.130767 ] }, { "date": "2026-05-08", "close": 0.088, "volume": 1009328, "typical_volume": 2332985.65, "trend": 0.17519, "fair_value": 13129065.960547, "relative_strength": -47.494033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.079062, "energy": 54.974118, "activity_lines": [ 0.094187, 0.094102, 0.096843, 0.125103 ] }, { "date": "2026-05-15", "close": 0.087, "volume": 1481072, "typical_volume": 2370333.1, "trend": 0.17309, "fair_value": 12417527.499566, "relative_strength": -47.7324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.232824, "energy": 56.90507, "activity_lines": [ 0.09128, 0.092971, 0.09533, 0.119414 ] }, { "date": "2026-05-22", "close": 0.085, "volume": 301317, "typical_volume": 2214098.0, "trend": 0.17159, "fair_value": 11731630.064213, "relative_strength": -49.127605, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.571479, "energy": 59.188479, "activity_lines": [ 0.08844, 0.091527, 0.093782, 0.113731 ] }, { "date": "2026-05-29", "close": 0.078, "volume": 3132039, "typical_volume": 2115411.35, "trend": 0.16419, "fair_value": 11084194.167278, "relative_strength": -53.507052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.909516, "energy": 61.870489, "activity_lines": [ 0.084133, 0.088938, 0.091629, 0.107692 ] }, { "date": "2026-06-05", "close": 0.076, "volume": 681297, "typical_volume": 1712482.05, "trend": 0.146723, "fair_value": 10449578.783149, "relative_strength": -54.224725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.141579, "energy": 61.221843, "activity_lines": [ 0.0806, 0.086095, 0.089747, 0.102003 ] }, { "date": "2026-06-12", "close": 0.0728, "volume": 1065076, "typical_volume": 1438704.55, "trend": 0.13195, "fair_value": 9750860.834898, "relative_strength": -57.139487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.381978, "energy": 62.848475, "activity_lines": [ 0.077267, 0.083015, 0.087798, 0.097234 ] }, { "date": "2026-06-19", "close": 0.0692, "volume": 199140, "typical_volume": 1232192.1, "trend": 0.117257, "fair_value": 9090604.425085, "relative_strength": -59.904157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.656189, "energy": 64.329145, "activity_lines": [ 0.073747, 0.079644, 0.085693, 0.093185 ] }, { "date": "2026-06-26", "close": 0.07, "volume": 61500, "typical_volume": 1101400.9, "trend": 0.105357, "fair_value": 8462399.297329, "relative_strength": -57.776137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.614586, "energy": 64.765277, "activity_lines": [ 0.07168, 0.076942, 0.08385, 0.090136 ] }, { "date": "2026-07-03", "close": 0.056, "volume": 1821390, "typical_volume": 1127901.6, "trend": 0.097723, "fair_value": 7821373.656662, "relative_strength": -66.836492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.494919, "energy": 83.986234, "activity_lines": [ 0.065947, 0.072204, 0.080806, 0.086952 ] }, { "date": "2026-07-10", "close": 0.052, "volume": 3059153, "typical_volume": 1165601.2, "trend": 0.094123, "fair_value": 7193168.52879, "relative_strength": -68.707764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.410543, "energy": 93.171563, "activity_lines": [ 0.060347, 0.067531, 0.077581, 0.084002 ] }, { "date": "2026-07-17", "close": 0.052, "volume": 1590287, "typical_volume": 1216145.25, "trend": 0.091857, "fair_value": 6564963.400919, "relative_strength": -67.921792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.382735, "energy": 91.586394, "activity_lines": [ 0.056347, 0.06364, 0.074551, 0.081285 ] }, { "date": "2026-07-24", "close": 0.045, "volume": 910829, "typical_volume": 1222027.3, "trend": 0.089373, "fair_value": 5936758.273002, "relative_strength": -71.880018, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.057194, "energy": 93.791662, "activity_lines": [ 0.0514, 0.059131, 0.071074, 0.078262 ] }, { "date": "2026-07-31", "close": 0.05, "volume": 2024313, "typical_volume": 1236074.1, "trend": 0.087773, "fair_value": 5334194.170758, "relative_strength": -68.627079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.030123, "energy": 86.971914, "activity_lines": [ 0.049733, 0.056295, 0.068287, 0.075721 ] }, { "date": "2026-08-07", "close": 0.048, "volume": 1766562, "typical_volume": 1269846.65, "trend": 0.08354, "fair_value": 4757271.094143, "relative_strength": -70.444583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.743214, "energy": 78.907323, "activity_lines": [ 0.048733, 0.053731, 0.065509, 0.073155 ] } ], "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." } } }