{ "ticker": { "uuid": "eddca1a0-8542-4cfc-a21f-c0d68fa1d525", "symbol": "BAWAT", "name": "Bawat Water Technologies AB", "exchange": "STO", "country": "SE", "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": "^OMX", "stage": 1, "stage_name": "Basing", "phase": "1a", "phase_label": "Stage 1A \u00b7 Bottoming", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 52.807, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "up", "architecture_direction": 27.59, "architecture_energy": 14.598, "architecture_maturity": 33.679, "architecture_confidence": 74.42, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 56.16, "rotation_up": 33.5, "upward_expansion": 57.96, "deceleration": 79.5, "rotation_down": 25.13, "downward_expansion": 19.29 }, "activity_lines": [ 1.114667, 1.124, 1.106, 1.082258 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 1.05, "trend_reference": 1.071333, "distance_from_trend": -0.019913, "trend_direction": "Improving", "fair_value": 1.207276, "distance_from_fair_value": -0.130273, "fair_value_direction": "Weakening", "relative_strength": -13.11002, "relative_strength_direction": "Weakening", "price_momentum": -0.117647, "excess_performance": -0.179141, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.019913, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.004375, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.130273, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.046667, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.1311, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.187066, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.117647, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.279063, "read": "Demand-led" } ], "volume": { "latest": 25627, "relative_activity": 1.823966, "balance": 3.279063, "dry_up": 1.320377, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.110623, "annualized_volatility": 0.619423, "from_high_reference": -0.210526, "from_low_reference": 0.5 }, "levels": { "trend_reference": 1.071333, "fair_value_reference": 1.207276, "structural_low": 0.805, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.047336, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.077409, "regime_survival": 0.625, "best_return": 0.212121, "worst_return": -0.180672, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.111111, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.182518, "regime_survival": 0.0, "best_return": 0.131313, "worst_return": -0.411765, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.145299, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.315291, "regime_survival": 0.333333, "best_return": -0.142857, "worst_return": -0.166667, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.386447, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.60628, "regime_survival": 0.0, "best_return": -0.285714, "worst_return": -0.487179, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.088, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-11-15", "tenure": "Developing", "return": -0.467005, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-04-04", "tenure": "Established", "return": 0.191919, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": -0.180672, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": -0.187817, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": -0.10828, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-18", "end": "2025-08-29", "tenure": "Developing", "return": 0.338462, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-10-24", "tenure": "Developing", "return": -0.045455, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": -0.067227, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": 0.089286, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-03-20", "tenure": "Developing", "return": -0.074257, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-22", "tenure": "Developing", "return": 0.219512, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-05", "tenure": "New", "return": 0.026316, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": -0.110169, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.6, "volume": 40818, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 1.75, "volume": 34528, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 1.61, "volume": 39955, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 1.385, "volume": 12103, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 1.38, "volume": 330, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 1.395, "volume": 26175, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 1.29, "volume": 12246, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 1.13, "volume": 35442, "typical_volume": 80780.25, "trend": 1.63866, "fair_value": 2.842095, "relative_strength": -41.39698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.61972, "energy": 62.993109, "activity_lines": [ 1.276, 1.399091, 1.503881, 1.557493 ] }, { "date": "2023-10-13", "close": 1.2, "volume": 45407, "typical_volume": 69863.6, "trend": 1.620327, "fair_value": 2.821822, "relative_strength": -37.698498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.467654, "energy": 61.208729, "activity_lines": [ 1.237333, 1.345364, 1.474357, 1.529193 ] }, { "date": "2023-10-20", "close": 1.145, "volume": 24756, "typical_volume": 69392.75, "trend": 1.606827, "fair_value": 2.801373, "relative_strength": -35.40804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.833429, "energy": 69.444769, "activity_lines": [ 1.192667, 1.292, 1.440476, 1.498526 ] }, { "date": "2023-10-27", "close": 1.2, "volume": 9997, "typical_volume": 63775.4, "trend": 1.595167, "fair_value": 2.78208, "relative_strength": -30.229976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.022076, "energy": 65.19194, "activity_lines": [ 1.182, 1.257727, 1.411619, 1.47228 ] }, { "date": "2023-11-03", "close": 1.355, "volume": 16522, "typical_volume": 60926.7, "trend": 1.57, "fair_value": 2.76509, "relative_strength": -23.003339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.188907, "energy": 37.56134, "activity_lines": [ 1.236, 1.258909, 1.398167, 1.456785 ] }, { "date": "2023-11-10", "close": 1.19, "volume": 27410, "typical_volume": 61800.0, "trend": 1.544, "fair_value": 2.74656, "relative_strength": -30.861651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.23138, "energy": 35.387945, "activity_lines": [ 1.230667, 1.237273, 1.368738, 1.432269 ] }, { "date": "2023-11-17", "close": 1.25, "volume": 32214, "typical_volume": 35123.15, "trend": 1.514667, "fair_value": 2.729158, "relative_strength": -29.228124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.730064, "energy": 25.626464, "activity_lines": [ 1.241333, 1.234182, 1.345524, 1.413301 ] }, { "date": "2023-11-24", "close": 1.165, "volume": 59936, "typical_volume": 31701.7, "trend": 1.477833, "fair_value": 2.711179, "relative_strength": -34.116421, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -45.932659, "energy": 26.539365, "activity_lines": [ 1.220333, 1.218091, 1.317071, 1.390742 ] }, { "date": "2023-12-01", "close": 1.285, "volume": 39709, "typical_volume": 32394.25, "trend": 1.445, "fair_value": 2.694973, "relative_strength": -27.170241, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.853585, "energy": 23.924868, "activity_lines": [ 1.238, 1.227727, 1.303071, 1.378301 ] }, { "date": "2023-12-08", "close": 1.21, "volume": 19217, "typical_volume": 27555.35, "trend": 1.425333, "fair_value": 2.678288, "relative_strength": -32.277811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.636338, "energy": 26.467757, "activity_lines": [ 1.225, 1.225727, 1.284738, 1.36314 ] }, { "date": "2023-12-15", "close": 1.535, "volume": 216341, "typical_volume": 37970.8, "trend": 1.4245, "fair_value": 2.665584, "relative_strength": -15.980315, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.333926, "energy": 10.159637, "activity_lines": [ 1.33, 1.284273, 1.29969, 1.370215 ] }, { "date": "2023-12-22", "close": 1.68, "volume": 50587, "typical_volume": 38388.5, "trend": 1.434333, "fair_value": 2.654754, "relative_strength": -6.943872, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.725385, "energy": 23.605421, "activity_lines": [ 1.460333, 1.361818, 1.328786, 1.386699 ] }, { "date": "2023-12-29", "close": 1.87, "volume": 20740, "typical_volume": 38221.65, "trend": 1.46, "fair_value": 2.646224, "relative_strength": 3.136439, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.255158, "energy": 52.195056, "activity_lines": [ 1.625333, 1.465182, 1.376405, 1.414806 ] }, { "date": "2024-01-05", "close": 1.755, "volume": 59733, "typical_volume": 39167.4, "trend": 1.474, "fair_value": 2.636641, "relative_strength": 0.050373, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.64439, "energy": 54.633908, "activity_lines": [ 1.705, 1.534455, 1.412, 1.433839 ] }, { "date": "2024-01-12", "close": 1.835, "volume": 345628, "typical_volume": 54722.4, "trend": 1.491833, "fair_value": 2.628113, "relative_strength": 4.66107, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.483718, "energy": 57.378874, "activity_lines": [ 1.78, 1.608182, 1.454476, 1.457129 ] }, { "date": "2024-01-19", "close": 1.675, "volume": 123839, "typical_volume": 58916.6, "trend": 1.5045, "fair_value": 2.61808, "relative_strength": -1.35472, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.989463, "energy": 44.37675, "activity_lines": [ 1.76, 1.644091, 1.48131, 1.468946 ] }, { "date": "2024-01-26", "close": 2.0, "volume": 15561, "typical_volume": 59089.5, "trend": 1.5095, "fair_value": 2.611642, "relative_strength": 14.969537, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.08002, "energy": 34.585615, "activity_lines": [ 1.839, 1.730273, 1.538786, 1.500914 ] }, { "date": "2024-02-02", "close": 1.81, "volume": 21369, "typical_volume": 60141.45, "trend": 1.509833, "fair_value": 2.603377, "relative_strength": 4.703279, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.327203, "energy": 37.99339, "activity_lines": [ 1.833333, 1.768273, 1.575238, 1.520301 ] }, { "date": "2024-02-09", "close": 1.615, "volume": 110021, "typical_volume": 64333.75, "trend": 1.501167, "fair_value": 2.593292, "relative_strength": -5.154298, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.399396, "energy": 29.964999, "activity_lines": [ 1.766667, 1.759091, 1.591071, 1.527086 ] }, { "date": "2024-02-16", "close": 1.5, "volume": 33429, "typical_volume": 65392.9, "trend": 1.4945, "fair_value": 2.582248, "relative_strength": -13.023568, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.83263, "energy": 19.03522, "activity_lines": [ 1.671, 1.723, 1.594905, 1.527011 ] }, { "date": "2024-02-23", "close": 1.7, "volume": 88421, "typical_volume": 68041.85, "trend": 1.497667, "fair_value": 2.573426, "relative_strength": -1.945578, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.117362, "energy": 15.943405, "activity_lines": [ 1.664333, 1.718, 1.616786, 1.540269 ] }, { "date": "2024-03-01", "close": 1.7, "volume": 25427, "typical_volume": 67042.85, "trend": 1.495333, "fair_value": 2.564778, "relative_strength": -2.381014, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.495271, "energy": 16.167773, "activity_lines": [ 1.656, 1.71, 1.635952, 1.553323 ] }, { "date": "2024-03-08", "close": 1.8, "volume": 40224, "typical_volume": 67816.25, "trend": 1.5005, "fair_value": 2.55728, "relative_strength": 2.659162, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.576703, "energy": 15.747428, "activity_lines": [ 1.701, 1.719818, 1.662262, 1.572978 ] }, { "date": "2024-03-15", "close": 1.8, "volume": 10179, "typical_volume": 67825.35, "trend": 1.507167, "fair_value": 2.549928, "relative_strength": 1.150884, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.124831, "energy": 24.421115, "activity_lines": [ 1.746667, 1.730909, 1.685452, 1.592301 ] }, { "date": "2024-03-22", "close": 1.45, "volume": 12363, "typical_volume": 67617.4, "trend": 1.497167, "fair_value": 2.539352, "relative_strength": -18.158962, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.283281, "energy": 10.531234, "activity_lines": [ 1.663333, 1.677545, 1.672452, 1.588613 ] }, { "date": "2024-03-29", "close": 1.79, "volume": 10066, "typical_volume": 66750.2, "trend": 1.503167, "fair_value": 2.532215, "relative_strength": 1.637279, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.084231, "energy": 20.744217, "activity_lines": [ 1.696667, 1.693, 1.691381, 1.607505 ] }, { "date": "2024-04-05", "close": 1.56, "volume": 21943, "typical_volume": 66236.65, "trend": 1.509, "fair_value": 2.523043, "relative_strength": -10.098008, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.277741, "energy": 8.135936, "activity_lines": [ 1.647333, 1.664545, 1.685548, 1.611172 ] }, { "date": "2024-04-12", "close": 1.75, "volume": 7825, "typical_volume": 63631.1, "trend": 1.521333, "fair_value": 2.515819, "relative_strength": 1.263055, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.72836, "energy": 11.389804, "activity_lines": [ 1.670667, 1.678636, 1.696333, 1.62672 ] }, { "date": "2024-04-19", "close": 1.6, "volume": 59489, "typical_volume": 64620.1, "trend": 1.528167, "fair_value": 2.507339, "relative_strength": -6.428735, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.954289, "energy": 7.773795, "activity_lines": [ 1.647333, 1.666545, 1.690048, 1.631796 ] }, { "date": "2024-04-26", "close": 1.38, "volume": 4929, "typical_volume": 63905.7, "trend": 1.531167, "fair_value": 2.496996, "relative_strength": -20.014322, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.231828, "energy": 11.543466, "activity_lines": [ 1.564, 1.614727, 1.66131, 1.622237 ] }, { "date": "2024-05-03", "close": 1.4, "volume": 11505, "typical_volume": 53663.9, "trend": 1.540167, "fair_value": 2.487024, "relative_strength": -17.201656, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.522588, "energy": 26.636515, "activity_lines": [ 1.492, 1.568727, 1.633667, 1.613774 ] }, { "date": "2024-05-10", "close": 1.39, "volume": 6796, "typical_volume": 51474.35, "trend": 1.5465, "fair_value": 2.477141, "relative_strength": -19.900593, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.66663, "energy": 36.967757, "activity_lines": [ 1.442667, 1.526364, 1.605714, 1.604086 ] }, { "date": "2024-05-17", "close": 1.3, "volume": 81721, "typical_volume": 54523.4, "trend": 1.551667, "fair_value": 2.46663, "relative_strength": -23.94449, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.948881, "energy": 48.656854, "activity_lines": [ 1.374667, 1.473273, 1.570571, 1.588183 ] }, { "date": "2024-05-24", "close": 1.32, "volume": 12916, "typical_volume": 52182.55, "trend": 1.555667, "fair_value": 2.456483, "relative_strength": -23.190893, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.204803, "energy": 45.430317, "activity_lines": [ 1.343333, 1.432909, 1.540048, 1.573237 ] }, { "date": "2024-05-31", "close": 1.69, "volume": 3873, "typical_volume": 35094.8, "trend": 1.566833, "fair_value": 2.44976, "relative_strength": -1.380617, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.720077, "energy": 14.543777, "activity_lines": [ 1.454, 1.468545, 1.546833, 1.581903 ] }, { "date": "2024-06-07", "close": 1.47, "volume": 1883, "typical_volume": 28997.0, "trend": 1.576167, "fair_value": 2.44124, "relative_strength": -14.807008, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -37.429392, "energy": 19.586026, "activity_lines": [ 1.470667, 1.459818, 1.533357, 1.575656 ] }, { "date": "2024-06-14", "close": 1.62, "volume": 14998, "typical_volume": 28968.85, "trend": 1.5885, "fair_value": 2.43416, "relative_strength": -4.045829, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.627608, "energy": 14.464558, "activity_lines": [ 1.532667, 1.484182, 1.535143, 1.578484 ] }, { "date": "2024-06-21", "close": 1.88, "volume": 118316, "typical_volume": 33816.2, "trend": 1.612333, "fair_value": 2.429424, "relative_strength": 10.341109, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.283386, "energy": 17.056542, "activity_lines": [ 1.666, 1.554727, 1.5635, 1.59729 ] }, { "date": "2024-06-28", "close": 1.99, "volume": 20052, "typical_volume": 29317.75, "trend": 1.635833, "fair_value": 2.4257, "relative_strength": 17.083459, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.838351, "energy": 35.916603, "activity_lines": [ 1.797333, 1.642909, 1.602, 1.621656 ] }, { "date": "2024-07-05", "close": 1.5, "volume": 44685, "typical_volume": 29880.55, "trend": 1.6455, "fair_value": 2.417921, "relative_strength": -10.7432, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.676468, "energy": 17.618331, "activity_lines": [ 1.720667, 1.634909, 1.592048, 1.612892 ] }, { "date": "2024-07-12", "close": 1.55, "volume": 58814, "typical_volume": 28400.2, "trend": 1.646, "fair_value": 2.410688, "relative_strength": -9.71867, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.639515, "energy": 12.50249, "activity_lines": [ 1.673333, 1.633818, 1.586857, 1.606731 ] }, { "date": "2024-07-19", "close": 1.58, "volume": 14941, "typical_volume": 27875.9, "trend": 1.642667, "fair_value": 2.403823, "relative_strength": -5.409904, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.453085, "energy": 11.560469, "activity_lines": [ 1.630667, 1.635455, 1.585238, 1.602473 ] }, { "date": "2024-07-26", "close": 1.19, "volume": 6439, "typical_volume": 26186.65, "trend": 1.62, "fair_value": 2.393874, "relative_strength": -28.451669, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.114931, "energy": 32.493642, "activity_lines": [ 1.460667, 1.562727, 1.547048, 1.573269 ] }, { "date": "2024-08-02", "close": 1.4, "volume": 3093, "typical_volume": 25832.35, "trend": 1.608167, "fair_value": 2.385793, "relative_strength": -11.395563, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.944018, "energy": 35.012142, "activity_lines": [ 1.406667, 1.530182, 1.531762, 1.559075 ] }, { "date": "2024-08-09", "close": 1.25, "volume": 7652, "typical_volume": 25596.8, "trend": 1.588667, "fair_value": 2.376634, "relative_strength": -20.046565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.086062, "energy": 48.322576, "activity_lines": [ 1.342, 1.468909, 1.504095, 1.535968 ] }, { "date": "2024-08-16", "close": 1.59, "volume": 18474, "typical_volume": 26017.2, "trend": 1.585833, "fair_value": 2.370341, "relative_strength": -0.936813, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.529605, "energy": 37.56886, "activity_lines": [ 1.407333, 1.477455, 1.509762, 1.536054 ] }, { "date": "2024-08-23", "close": 1.45, "volume": 11209, "typical_volume": 25480.5, "trend": 1.5675, "fair_value": 2.363037, "relative_strength": -9.905458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.153077, "energy": 23.755694, "activity_lines": [ 1.423333, 1.458364, 1.503048, 1.52729 ] }, { "date": "2024-08-30", "close": 1.36, "volume": 42518, "typical_volume": 27215.15, "trend": 1.5525, "fair_value": 2.355139, "relative_strength": -16.14683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.51997, "energy": 24.438863, "activity_lines": [ 1.418, 1.426, 1.488286, 1.513903 ] }, { "date": "2024-09-06", "close": 1.97, "volume": 2210, "typical_volume": 24351.2, "trend": 1.564333, "fair_value": 2.35213, "relative_strength": 26.478722, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.86396, "energy": 14.664684, "activity_lines": [ 1.604667, 1.514, 1.533476, 1.540839 ] }, { "date": "2024-09-13", "close": 1.73, "volume": 9109, "typical_volume": 24560.2, "trend": 1.572, "fair_value": 2.347307, "relative_strength": 8.938061, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.335936, "energy": 18.820704, "activity_lines": [ 1.673333, 1.558727, 1.554048, 1.551527 ] }, { "date": "2024-09-20", "close": 1.9, "volume": 18734, "typical_volume": 24921.65, "trend": 1.578667, "fair_value": 2.343866, "relative_strength": 16.808561, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.545768, "energy": 38.946606, "activity_lines": [ 1.766667, 1.630182, 1.589143, 1.572688 ] }, { "date": "2024-09-27", "close": 1.45, "volume": 23911, "typical_volume": 25777.4, "trend": 1.570333, "fair_value": 2.337043, "relative_strength": -12.762516, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.221287, "energy": 19.788868, "activity_lines": [ 1.689333, 1.613455, 1.579, 1.564387 ] }, { "date": "2024-10-04", "close": 1.47, "volume": 40433, "typical_volume": 23713.0, "trend": 1.559333, "fair_value": 2.330474, "relative_strength": -10.457621, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.122653, "energy": 7.069574, "activity_lines": [ 1.618667, 1.602727, 1.570476, 1.557914 ] }, { "date": "2024-10-11", "close": 1.6, "volume": 90271, "typical_volume": 27580.75, "trend": 1.552667, "fair_value": 2.324982, "relative_strength": -2.180261, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.660295, "energy": 11.699043, "activity_lines": [ 1.584, 1.610545, 1.573524, 1.560538 ] }, { "date": "2024-10-18", "close": 1.42, "volume": 1232, "typical_volume": 27448.7, "trend": 1.551667, "fair_value": 2.318228, "relative_strength": -13.361832, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.84648, "energy": 9.049089, "activity_lines": [ 1.514, 1.582, 1.558095, 1.551978 ] }, { "date": "2024-10-25", "close": 1.24, "volume": 37919, "typical_volume": 29250.5, "trend": 1.533333, "fair_value": 2.310241, "relative_strength": -24.037485, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.360884, "energy": 33.800394, "activity_lines": [ 1.404667, 1.517636, 1.52681, 1.531871 ] }, { "date": "2024-11-01", "close": 1.37, "volume": 25300, "typical_volume": 29765.6, "trend": 1.527, "fair_value": 2.303328, "relative_strength": -14.6588, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.918129, "energy": 39.647373, "activity_lines": [ 1.382667, 1.483273, 1.509, 1.521333 ] }, { "date": "2024-11-08", "close": 1.42, "volume": 7188, "typical_volume": 24209.2, "trend": 1.516, "fair_value": 2.29688, "relative_strength": -11.576156, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.083957, "energy": 39.827302, "activity_lines": [ 1.382667, 1.459455, 1.497143, 1.51443 ] }, { "date": "2024-11-15", "close": 1.05, "volume": 35099, "typical_volume": 24961.55, "trend": 1.497667, "fair_value": 2.287845, "relative_strength": -33.038174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.021308, "energy": 56.816934, "activity_lines": [ 1.262667, 1.367273, 1.452238, 1.484366 ] }, { "date": "2024-11-22", "close": 0.99, "volume": 24316, "typical_volume": 23943.1, "trend": 1.484667, "fair_value": 2.278508, "relative_strength": -36.716894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.27857, "energy": 60.468245, "activity_lines": [ 1.159333, 1.280909, 1.406095, 1.451613 ] }, { "date": "2024-11-29", "close": 1.0, "volume": 9062, "typical_volume": 21455.5, "trend": 1.471333, "fair_value": 2.269376, "relative_strength": -35.727152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.99158, "energy": 63.441593, "activity_lines": [ 1.088, 1.209818, 1.363333, 1.420344 ] }, { "date": "2024-12-06", "close": 0.885, "volume": 63475, "typical_volume": 23882.2, "trend": 1.4545, "fair_value": 2.259557, "relative_strength": -44.987932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.392915, "energy": 73.747703, "activity_lines": [ 0.994333, 1.134182, 1.312238, 1.382516 ] }, { "date": "2024-12-13", "close": 0.71, "volume": 27150, "typical_volume": 24917.75, "trend": 1.434833, "fair_value": 2.248645, "relative_strength": -54.344435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.781858, "energy": 80.60178, "activity_lines": [ 0.874667, 1.037, 1.247786, 1.334484 ] }, { "date": "2024-12-20", "close": 0.72, "volume": 22778, "typical_volume": 25902.0, "trend": 1.414833, "fair_value": 2.237955, "relative_strength": -51.536011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.265419, "energy": 83.55756, "activity_lines": [ 0.805667, 0.955455, 1.186571, 1.288366 ] }, { "date": "2024-12-27", "close": 0.5, "volume": 26435, "typical_volume": 26841.15, "trend": 1.375167, "fair_value": 2.225886, "relative_strength": -65.92247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.653792, "energy": 92.798432, "activity_lines": [ 0.685333, 0.849909, 1.107643, 1.229344 ] }, { "date": "2025-01-03", "close": 0.9, "volume": 50390, "typical_volume": 28436.95, "trend": 1.356167, "fair_value": 2.216742, "relative_strength": -38.390072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.44168, "energy": 81.227837, "activity_lines": [ 0.731, 0.833818, 1.070381, 1.198688 ] }, { "date": "2025-01-10", "close": 0.98, "volume": 6030, "typical_volume": 28178.0, "trend": 1.334833, "fair_value": 2.208271, "relative_strength": -32.367552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.888154, "energy": 58.914357, "activity_lines": [ 0.81, 0.838455, 1.044024, 1.174419 ] }, { "date": "2025-01-17", "close": 0.945, "volume": 78375, "typical_volume": 29970.85, "trend": 1.303667, "fair_value": 2.199678, "relative_strength": -36.332722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.503948, "energy": 40.336061, "activity_lines": [ 0.871, 0.843818, 1.016571, 1.149269 ] }, { "date": "2025-01-24", "close": 0.9, "volume": 39957, "typical_volume": 31858.2, "trend": 1.267333, "fair_value": 2.190896, "relative_strength": -39.513403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.166468, "energy": 26.448972, "activity_lines": [ 0.901333, 0.849636, 0.98681, 1.123226 ] }, { "date": "2025-01-31", "close": 0.825, "volume": 49845, "typical_volume": 33895.0, "trend": 1.244833, "fair_value": 2.181729, "relative_strength": -43.685751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.236538, "energy": 27.452173, "activity_lines": [ 0.894667, 0.844545, 0.955, 1.094688 ] }, { "date": "2025-02-07", "close": 0.835, "volume": 6492, "typical_volume": 33282.9, "trend": 1.221, "fair_value": 2.172751, "relative_strength": -41.58039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.299559, "energy": 32.143906, "activity_lines": [ 0.869667, 0.844273, 0.928452, 1.068247 ] }, { "date": "2025-02-14", "close": 0.835, "volume": 7632, "typical_volume": 32468.95, "trend": 1.196167, "fair_value": 2.163891, "relative_strength": -42.598022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.582805, "energy": 38.149252, "activity_lines": [ 0.849, 0.847, 0.906976, 1.043344 ] }, { "date": "2025-02-21", "close": 0.76, "volume": 6468, "typical_volume": 30770.7, "trend": 1.181833, "fair_value": 2.154655, "relative_strength": -47.097028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.184948, "energy": 46.094601, "activity_lines": [ 0.813, 0.837, 0.881286, 1.015204 ] }, { "date": "2025-02-28", "close": 0.75, "volume": 21, "typical_volume": 26258.2, "trend": 1.160167, "fair_value": 2.145475, "relative_strength": -46.998684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.357313, "energy": 51.059299, "activity_lines": [ 0.786, 0.824273, 0.858024, 0.987344 ] }, { "date": "2025-03-07", "close": 1.01, "volume": 11254, "typical_volume": 26759.3, "trend": 1.152167, "fair_value": 2.138101, "relative_strength": -27.797763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.406813, "energy": 29.692759, "activity_lines": [ 0.855667, 0.858273, 0.863571, 0.977656 ] }, { "date": "2025-03-14", "close": 0.985, "volume": 8672, "typical_volume": 25296.95, "trend": 1.132, "fair_value": 2.130662, "relative_strength": -27.420927, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.452657, "energy": 13.998387, "activity_lines": [ 0.904667, 0.878455, 0.86869, 0.966871 ] }, { "date": "2025-03-21", "close": 1.19, "volume": 8914, "typical_volume": 24477.65, "trend": 1.123333, "fair_value": 2.124632, "relative_strength": -10.139161, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.141953, "energy": 19.249224, "activity_lines": [ 1.012, 0.934364, 0.894548, 0.970613 ] }, { "date": "2025-03-28", "close": 0.98, "volume": 13860, "typical_volume": 24811.25, "trend": 1.110667, "fair_value": 2.091042, "relative_strength": -22.511153, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.549065, "energy": 20.507919, "activity_lines": [ 1.025667, 0.948273, 0.901262, 0.961366 ] }, { "date": "2025-04-04", "close": 1.18, "volume": 840, "typical_volume": 23098.3, "trend": 1.084333, "fair_value": 2.058094, "relative_strength": 4.153067, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.704072, "energy": 39.646117, "activity_lines": [ 1.091333, 0.997909, 0.929119, 0.965839 ] }, { "date": "2025-04-11", "close": 1.19, "volume": 24701, "typical_volume": 23117.55, "trend": 1.066333, "fair_value": 2.025978, "relative_strength": 6.204195, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.864053, "energy": 46.077792, "activity_lines": [ 1.131667, 1.044273, 0.95731, 0.972656 ] }, { "date": "2025-04-18", "close": 0.91, "volume": 5842, "typical_volume": 22956.55, "trend": 1.033333, "fair_value": 1.994376, "relative_strength": -20.688745, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 9.311355, "energy": 15.892037, "activity_lines": [ 1.066667, 1.033091, 0.957881, 0.96257 ] }, { "date": "2025-04-25", "close": 0.96, "volume": 3147, "typical_volume": 19940.15, "trend": 1.017, "fair_value": 1.966042, "relative_strength": -18.327824, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.784965, "energy": 12.121987, "activity_lines": [ 1.023333, 1.029636, 0.963643, 0.957839 ] }, { "date": "2025-05-02", "close": 0.95, "volume": 1637, "typical_volume": 18664.5, "trend": 0.999667, "fair_value": 1.941427, "relative_strength": -19.819467, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 2.918683, "energy": 6.188146, "activity_lines": [ 0.992, 1.022091, 0.968095, 0.953516 ] }, { "date": "2025-05-09", "close": 0.975, "volume": 8581, "typical_volume": 17954.65, "trend": 0.978833, "fair_value": 1.923318, "relative_strength": -16.818537, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -0.689328, "energy": 10.007423, "activity_lines": [ 0.971, 1.015636, 0.973786, 0.951925 ] }, { "date": "2025-05-16", "close": 0.985, "volume": 4324, "typical_volume": 16849.1, "trend": 0.964333, "fair_value": 1.902388, "relative_strength": -18.738763, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.482214, "energy": 6.707085, "activity_lines": [ 0.967, 1.006909, 0.979214, 0.952323 ] }, { "date": "2025-05-23", "close": 0.75, "volume": 9003, "typical_volume": 14779.75, "trend": 0.948, "fair_value": 1.876427, "relative_strength": -35.999077, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.259586, "energy": 21.515404, "activity_lines": [ 0.898333, 0.955909, 0.959952, 0.938495 ] }, { "date": "2025-05-30", "close": 0.83, "volume": 5395, "typical_volume": 14748.0, "trend": 0.93, "fair_value": 1.847132, "relative_strength": -28.722131, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.516885, "energy": 17.140721, "activity_lines": [ 0.867, 0.923727, 0.949024, 0.930882 ] }, { "date": "2025-06-06", "close": 0.8, "volume": 6742, "typical_volume": 11166.35, "trend": 0.909333, "fair_value": 1.813824, "relative_strength": -31.304197, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.740166, "energy": 28.772766, "activity_lines": [ 0.834333, 0.892636, 0.935952, 0.922495 ] }, { "date": "2025-06-13", "close": 0.785, "volume": 15208, "typical_volume": 9928.9, "trend": 0.9005, "fair_value": 1.78684, "relative_strength": -29.982529, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.537624, "energy": 38.649914, "activity_lines": [ 0.806667, 0.862091, 0.922143, 0.914473 ] }, { "date": "2025-06-20", "close": 0.75, "volume": 2833, "typical_volume": 7578.3, "trend": 0.8925, "fair_value": 1.763122, "relative_strength": -31.538894, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.03669, "energy": 41.31387, "activity_lines": [ 0.78, 0.832364, 0.905548, 0.904763 ] }, { "date": "2025-06-27", "close": 0.65, "volume": 57760, "typical_volume": 10141.7, "trend": 0.880833, "fair_value": 1.741074, "relative_strength": -40.753532, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.327881, "energy": 56.071671, "activity_lines": [ 0.735667, 0.792455, 0.879786, 0.889118 ] }, { "date": "2025-07-04", "close": 0.65, "volume": 78263, "typical_volume": 13673.25, "trend": 0.873, "fair_value": 1.716203, "relative_strength": -40.039464, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.1746, "energy": 60.612658, "activity_lines": [ 0.698, 0.757273, 0.854905, 0.874226 ] }, { "date": "2025-07-11", "close": 0.7, "volume": 29146, "typical_volume": 14807.15, "trend": 0.872667, "fair_value": 1.69436, "relative_strength": -35.346857, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.43777, "energy": 70.235176, "activity_lines": [ 0.689, 0.736818, 0.835667, 0.863065 ] }, { "date": "2025-07-18", "close": 0.65, "volume": 17015, "typical_volume": 15656.85, "trend": 0.870333, "fair_value": 1.668209, "relative_strength": -39.012992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.015636, "energy": 76.413742, "activity_lines": [ 0.67, 0.711818, 0.811952, 0.848699 ] }, { "date": "2025-07-25", "close": 0.72, "volume": 23502, "typical_volume": 16269.25, "trend": 0.877667, "fair_value": 1.643978, "relative_strength": -33.423878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.283384, "energy": 64.346041, "activity_lines": [ 0.683333, 0.705455, 0.795381, 0.839 ] }, { "date": "2025-08-01", "close": 0.7, "volume": 15829, "typical_volume": 16627.1, "trend": 0.871, "fair_value": 1.620969, "relative_strength": -32.504223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.303388, "energy": 43.332162, "activity_lines": [ 0.692, 0.700273, 0.778286, 0.827538 ] }, { "date": "2025-08-08", "close": 0.78, "volume": 8942, "typical_volume": 16628.5, "trend": 0.864333, "fair_value": 1.599042, "relative_strength": -26.070263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.104772, "energy": 32.845776, "activity_lines": [ 0.724, 0.710545, 0.770167, 0.821667 ] }, { "date": "2025-08-15", "close": 0.75, "volume": 14700, "typical_volume": 16670.5, "trend": 0.857833, "fair_value": 1.576286, "relative_strength": -28.767617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.711695, "energy": 24.24908, "activity_lines": [ 0.737333, 0.716273, 0.761143, 0.81429 ] }, { "date": "2025-08-22", "close": 0.78, "volume": 681, "typical_volume": 16662.55, "trend": 0.853833, "fair_value": 1.558533, "relative_strength": -26.275132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.628982, "energy": 25.569022, "activity_lines": [ 0.757333, 0.728364, 0.756071, 0.809269 ] }, { "date": "2025-08-29", "close": 0.87, "volume": 33778, "typical_volume": 17116.4, "trend": 0.855333, "fair_value": 1.542956, "relative_strength": -14.974716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.597978, "energy": 20.127487, "activity_lines": [ 0.798667, 0.756909, 0.761476, 0.810312 ] }, { "date": "2025-09-05", "close": 0.99, "volume": 88552, "typical_volume": 21251.9, "trend": 0.8605, "fair_value": 1.524594, "relative_strength": -1.249332, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.15837, "energy": 46.503809, "activity_lines": [ 0.87, 0.805091, 0.779833, 0.819 ] }, { "date": "2025-09-12", "close": 1.29, "volume": 179596, "typical_volume": 30074.35, "trend": 0.875667, "fair_value": 1.508831, "relative_strength": 29.527814, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.817381, "energy": 81.351162, "activity_lines": [ 1.022, 0.901636, 0.826381, 0.84671 ] }, { "date": "2025-09-19", "close": 1.28, "volume": 21330, "typical_volume": 31059.0, "trend": 0.893, "fair_value": 1.495174, "relative_strength": 29.655345, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 56.591834, "energy": 84.54952, "activity_lines": [ 1.136667, 0.984727, 0.870405, 0.872796 ] }, { "date": "2025-09-26", "close": 1.01, "volume": 10962, "typical_volume": 31178.05, "trend": 0.901667, "fair_value": 1.481196, "relative_strength": 3.266427, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.763324, "energy": 78.318615, "activity_lines": [ 1.126, 1.008182, 0.887143, 0.880344 ] }, { "date": "2025-10-03", "close": 1.2, "volume": 24203, "typical_volume": 32172.0, "trend": 0.908, "fair_value": 1.471581, "relative_strength": 19.677322, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.888937, "energy": 75.947877, "activity_lines": [ 1.163333, 1.059636, 0.92181, 0.899591 ] }, { "date": "2025-10-10", "close": 1.02, "volume": 26070, "typical_volume": 33025.35, "trend": 0.909167, "fair_value": 1.461831, "relative_strength": 3.844069, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.972246, "energy": 44.139117, "activity_lines": [ 1.118667, 1.069636, 0.93831, 0.906817 ] }, { "date": "2025-10-17", "close": 1.15, "volume": 4422, "typical_volume": 32976.7, "trend": 0.907833, "fair_value": 1.445773, "relative_strength": 18.105069, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.390835, "energy": 44.68918, "activity_lines": [ 1.115333, 1.097455, 0.965905, 0.922355 ] }, { "date": "2025-10-24", "close": 0.945, "volume": 6610, "typical_volume": 32970.1, "trend": 0.906667, "fair_value": 1.435164, "relative_strength": -5.221401, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 43.879103, "energy": 29.333391, "activity_lines": [ 1.053, 1.081273, 0.972452, 0.924753 ] }, { "date": "2025-10-31", "close": 1.19, "volume": 20213, "typical_volume": 33220.35, "trend": 0.907, "fair_value": 1.42685, "relative_strength": 20.892441, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.59845, "energy": 30.702992, "activity_lines": [ 1.094667, 1.106091, 1.001643, 0.943032 ] }, { "date": "2025-11-07", "close": 1.23, "volume": 10834, "typical_volume": 33620.4, "trend": 0.908333, "fair_value": 1.417424, "relative_strength": 27.230342, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.477844, "energy": 40.918586, "activity_lines": [ 1.137667, 1.130727, 1.032714, 0.963871 ] }, { "date": "2025-11-14", "close": 1.03, "volume": 9093, "typical_volume": 31187.05, "trend": 0.912333, "fair_value": 1.40919, "relative_strength": 5.872253, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.861529, "energy": 26.145237, "activity_lines": [ 1.112, 1.112455, 1.042452, 0.97172 ] }, { "date": "2025-11-21", "close": 1.11, "volume": 25542, "typical_volume": 28551.0, "trend": 0.917333, "fair_value": 1.402094, "relative_strength": 16.426543, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.082744, "energy": 31.62331, "activity_lines": [ 1.112333, 1.108, 1.058, 0.984473 ] }, { "date": "2025-11-28", "close": 1.12, "volume": 10459, "typical_volume": 27616.65, "trend": 0.923, "fair_value": 1.395039, "relative_strength": 13.724941, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.634179, "energy": 28.610788, "activity_lines": [ 1.118667, 1.108636, 1.07231, 0.997548 ] }, { "date": "2025-12-05", "close": 1.12, "volume": 15081, "typical_volume": 27519.95, "trend": 0.927833, "fair_value": 1.386911, "relative_strength": 11.810629, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.745912, "energy": 23.713878, "activity_lines": [ 1.113333, 1.112182, 1.084619, 1.010258 ] }, { "date": "2025-12-12", "close": 1.13, "volume": 7207, "typical_volume": 26705.2, "trend": 0.932667, "fair_value": 1.38101, "relative_strength": 12.284874, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.460469, "energy": 26.485922, "activity_lines": [ 1.116, 1.115545, 1.095643, 1.023301 ] }, { "date": "2025-12-19", "close": 1.13, "volume": 10711, "typical_volume": 26449.3, "trend": 0.945333, "fair_value": 1.374796, "relative_strength": 10.846287, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.861723, "energy": 25.874328, "activity_lines": [ 1.125333, 1.120182, 1.104714, 1.036032 ] }, { "date": "2025-12-26", "close": 1.09, "volume": 15003, "typical_volume": 26752.35, "trend": 0.954, "fair_value": 1.36922, "relative_strength": 5.600115, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.572292, "energy": 19.846406, "activity_lines": [ 1.114667, 1.115545, 1.107929, 1.045366 ] }, { "date": "2026-01-02", "close": 1.03, "volume": 20199, "typical_volume": 27027.3, "trend": 0.961667, "fair_value": 1.361447, "relative_strength": -1.319916, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.236015, "energy": 11.225128, "activity_lines": [ 1.085333, 1.101091, 1.103952, 1.050269 ] }, { "date": "2026-01-09", "close": 1.22, "volume": 30120, "typical_volume": 28499.25, "trend": 0.976167, "fair_value": 1.353675, "relative_strength": 13.081759, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.163077, "energy": 27.107726, "activity_lines": [ 1.125333, 1.119636, 1.116738, 1.066935 ] }, { "date": "2026-01-16", "close": 1.01, "volume": 56407, "typical_volume": 29630.7, "trend": 0.984833, "fair_value": 1.346021, "relative_strength": -8.230012, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.033875, "energy": 6.902369, "activity_lines": [ 1.088667, 1.099455, 1.107429, 1.069118 ] }, { "date": "2026-01-23", "close": 1.19, "volume": 23000, "typical_volume": 26353.1, "trend": 1.002833, "fair_value": 1.338133, "relative_strength": 8.70509, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.829733, "energy": 22.19879, "activity_lines": [ 1.12, 1.116, 1.114595, 1.082355 ] }, { "date": "2026-01-30", "close": 1.15, "volume": 4663, "typical_volume": 17606.45, "trend": 1.0195, "fair_value": 1.331271, "relative_strength": 4.210054, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.4079, "energy": 24.233349, "activity_lines": [ 1.134, 1.122364, 1.117, 1.091849 ] }, { "date": "2026-02-06", "close": 1.19, "volume": 18436, "typical_volume": 17461.75, "trend": 1.035833, "fair_value": 1.324653, "relative_strength": 4.232955, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.301842, "energy": 24.543546, "activity_lines": [ 1.157333, 1.135273, 1.123881, 1.102849 ] }, { "date": "2026-02-13", "close": 1.19, "volume": 60967, "typical_volume": 19962.0, "trend": 1.053833, "fair_value": 1.317371, "relative_strength": 3.851443, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.313616, "energy": 37.598014, "activity_lines": [ 1.17, 1.146909, 1.13119, 1.112796 ] }, { "date": "2026-02-20", "close": 1.16, "volume": 15934, "typical_volume": 19548.55, "trend": 1.0685, "fair_value": 1.311954, "relative_strength": -1.142579, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.611152, "energy": 32.384721, "activity_lines": [ 1.174667, 1.151818, 1.134786, 1.119645 ] }, { "date": "2026-02-27", "close": 1.0, "volume": 50719, "typical_volume": 20781.0, "trend": 1.0785, "fair_value": 1.305095, "relative_strength": -16.049701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.074072, "energy": 7.037922, "activity_lines": [ 1.116, 1.127091, 1.123333, 1.115226 ] }, { "date": "2026-03-06", "close": 1.0, "volume": 30942, "typical_volume": 22107.0, "trend": 1.085833, "fair_value": 1.29939, "relative_strength": -10.770363, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.909938, "energy": 13.589574, "activity_lines": [ 1.07, 1.104727, 1.111976, 1.110161 ] }, { "date": "2026-03-13", "close": 1.02, "volume": 16949, "typical_volume": 22623.95, "trend": 1.094833, "fair_value": 1.29471, "relative_strength": -8.24763, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.312552, "energy": 24.606433, "activity_lines": [ 1.040667, 1.087636, 1.103238, 1.105914 ] }, { "date": "2026-03-20", "close": 0.935, "volume": 30474, "typical_volume": 23137.0, "trend": 1.1, "fair_value": 1.290768, "relative_strength": -10.783468, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.431995, "energy": 52.251956, "activity_lines": [ 0.994333, 1.055273, 1.086048, 1.095602 ] }, { "date": "2026-03-27", "close": 0.82, "volume": 4372, "typical_volume": 22813.9, "trend": 1.098333, "fair_value": 1.28609, "relative_strength": -21.325744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.078802, "energy": 71.647936, "activity_lines": [ 0.926667, 1.007182, 1.059119, 1.077538 ] }, { "date": "2026-04-03", "close": 0.975, "volume": 5197, "typical_volume": 22619.1, "trend": 1.097833, "fair_value": 1.278814, "relative_strength": -8.762225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.985445, "energy": 59.992768, "activity_lines": [ 0.933333, 0.990727, 1.048905, 1.069581 ] }, { "date": "2026-04-10", "close": 0.85, "volume": 8936, "typical_volume": 21788.8, "trend": 1.083167, "fair_value": 1.271635, "relative_strength": -23.125538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.62965, "energy": 66.138367, "activity_lines": [ 0.9, 0.955455, 1.027048, 1.053591 ] }, { "date": "2026-04-17", "close": 0.92, "volume": 9631, "typical_volume": 21747.4, "trend": 1.071167, "fair_value": 1.263878, "relative_strength": -18.253561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.851437, "energy": 51.963692, "activity_lines": [ 0.9, 0.938364, 1.013095, 1.043065 ] }, { "date": "2026-04-24", "close": 1.04, "volume": 7636, "typical_volume": 21375.15, "trend": 1.072167, "fair_value": 1.255994, "relative_strength": -4.864431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.848806, "energy": 28.985841, "activity_lines": [ 0.946667, 0.948, 1.011524, 1.041054 ] }, { "date": "2026-05-01", "close": 1.06, "volume": 6377, "typical_volume": 21333.65, "trend": 1.0675, "fair_value": 1.248237, "relative_strength": -1.53709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.347166, "energy": 16.959113, "activity_lines": [ 0.993, 0.964, 1.012238, 1.040269 ] }, { "date": "2026-05-08", "close": 1.14, "volume": 6156, "typical_volume": 21105.9, "trend": 1.0715, "fair_value": 1.244006, "relative_strength": 5.59655, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.124786, "energy": 14.971484, "activity_lines": [ 1.05, 0.996364, 1.020905, 1.044946 ] }, { "date": "2026-05-15", "close": 1.0, "volume": 6007, "typical_volume": 20656.1, "trend": 1.0665, "fair_value": 1.240417, "relative_strength": -5.937195, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.667199, "energy": 20.86595, "activity_lines": [ 1.049333, 1.000727, 1.01619, 1.040333 ] }, { "date": "2026-05-22", "close": 1.0, "volume": 9378, "typical_volume": 20115.05, "trend": 1.068333, "fair_value": 1.237949, "relative_strength": -9.293313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.503234, "energy": 18.320926, "activity_lines": [ 1.038667, 1.005091, 1.011905, 1.036043 ] }, { "date": "2026-05-29", "close": 1.14, "volume": 88109, "typical_volume": 23014.5, "trend": 1.066667, "fair_value": 1.238205, "relative_strength": 3.495885, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.880516, "energy": 18.355144, "activity_lines": [ 1.069333, 1.035273, 1.021095, 1.040667 ] }, { "date": "2026-06-05", "close": 1.17, "volume": 326, "typical_volume": 20210.45, "trend": 1.064667, "fair_value": 1.237147, "relative_strength": 6.618998, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.183243, "energy": 26.481445, "activity_lines": [ 1.103333, 1.067182, 1.033524, 1.047333 ] }, { "date": "2026-06-12", "close": 1.18, "volume": 0, "typical_volume": 19060.45, "trend": 1.069667, "fair_value": 1.236378, "relative_strength": 7.277472, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.977693, "energy": 39.775742, "activity_lines": [ 1.133333, 1.094545, 1.046143, 1.054774 ] }, { "date": "2026-06-19", "close": 1.14, "volume": 17306, "typical_volume": 19692.6, "trend": 1.070667, "fair_value": 1.235385, "relative_strength": 1.231864, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.263677, "energy": 45.965459, "activity_lines": [ 1.147333, 1.110909, 1.055, 1.059312 ] }, { "date": "2026-06-26", "close": 1.15, "volume": 4020, "typical_volume": 18971.8, "trend": 1.071667, "fair_value": 1.230897, "relative_strength": 2.347289, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.868988, "energy": 48.289233, "activity_lines": [ 1.155333, 1.123818, 1.064857, 1.06443 ] }, { "date": "2026-07-03", "close": 1.08, "volume": 0, "typical_volume": 15923.45, "trend": 1.070333, "fair_value": 1.226282, "relative_strength": -7.020606, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.516381, "energy": 30.416745, "activity_lines": [ 1.13, 1.119818, 1.068238, 1.064968 ] }, { "date": "2026-07-10", "close": 1.14, "volume": 33346, "typical_volume": 16794.05, "trend": 1.070667, "fair_value": 1.221571, "relative_strength": -0.165514, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.314499, "energy": 19.475097, "activity_lines": [ 1.128667, 1.126, 1.077857, 1.069462 ] }, { "date": "2026-07-17", "close": 1.17, "volume": 19443, "typical_volume": 15230.25, "trend": 1.072, "fair_value": 1.218173, "relative_strength": 2.824431, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 58.829533, "energy": 31.729889, "activity_lines": [ 1.139333, 1.136182, 1.090429, 1.075871 ] }, { "date": "2026-07-24", "close": 1.09, "volume": 3249, "typical_volume": 13845.6, "trend": 1.072, "fair_value": 1.214872, "relative_strength": -6.10517, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 37.37174, "energy": 19.377286, "activity_lines": [ 1.124, 1.131273, 1.094571, 1.077032 ] }, { "date": "2026-07-31", "close": 1.18, "volume": 25887, "typical_volume": 14292.5, "trend": 1.077, "fair_value": 1.21109, "relative_strength": -0.293635, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.2021, "energy": 32.264813, "activity_lines": [ 1.142, 1.141091, 1.106857, 1.084 ] }, { "date": "2026-08-07", "close": 1.05, "volume": 25627, "typical_volume": 14050.15, "trend": 1.071333, "fair_value": 1.207276, "relative_strength": -13.11002, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 27.590128, "energy": 14.598377, "activity_lines": [ 1.114667, 1.124, 1.106, 1.082258 ] } ], "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." } } }