{ "ticker": { "uuid": "ee633ff7-7cd8-4234-b449-4d31d1cf1ef1", "symbol": "PTG", "name": "PTG Energy Public Company Limited", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 51.201, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -40.9, "architecture_energy": 21.348, "architecture_maturity": 43.27, "architecture_confidence": 66.864, "architecture_tenure": "New", "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": 47.76, "rotation_up": 29.8, "upward_expansion": 20.77, "deceleration": 42.75, "rotation_down": 26.38, "downward_expansion": 54.77 }, "activity_lines": [ 7.533333, 7.51, 7.548571, 7.706503 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 7.4, "trend_reference": 7.830824, "distance_from_trend": -0.055016, "trend_direction": "Improving", "fair_value": 7.599305, "distance_from_fair_value": -0.026227, "fair_value_direction": "Weakening", "relative_strength": -16.792351, "relative_strength_direction": "Weakening", "price_momentum": -0.01054, "excess_performance": -0.202865, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.055016, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.028778, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.026227, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.017599, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.167924, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.08626, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.01054, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.253575, "read": "Demand-led" } ], "volume": { "latest": 21936100, "relative_activity": 0.844654, "balance": 1.253575, "dry_up": 0.821522, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.0421, "annualized_volatility": 0.395838, "from_high_reference": -0.243354, "from_low_reference": 0.143376 }, "levels": { "trend_reference": 7.830824, "fair_value_reference": 7.599305, "structural_low": 7.05, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": -0.008752, "positive_rate": 0.441176, "directional_follow_through": 0.558824, "median_excess_return": -0.009876, "regime_survival": 0.882353, "best_return": 0.2, "worst_return": -0.132653, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 6.9e-05, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.042907, "regime_survival": 0.666667, "best_return": 0.221374, "worst_return": -0.266187, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.063694, "positive_rate": 0.285714, "directional_follow_through": 0.714286, "median_excess_return": -0.05144, "regime_survival": 0.428571, "best_return": 0.152672, "worst_return": -0.227932, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.07361, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.102986, "regime_survival": 0.5, "best_return": 0.222201, "worst_return": -0.341471, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-08-15", "tenure": "Extended", "return": -0.02755, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.174825, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-10-31", "tenure": "Developing", "return": -0.101124, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": -0.067114, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": 0.028985, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-09", "end": "2026-01-16", "tenure": "New", "return": -0.013245, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": 0.026316, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": 0.081522, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": 0.030746, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.024242, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": -0.012121, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.064516, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-07-17", "tenure": "Developing", "return": 0.075342, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.013333, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8.901749, "volume": 30150000, "typical_volume": 45225480.0, "trend": 11.050491, "fair_value": 13.23635, "relative_strength": -20.421273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.911009, "energy": 77.480268, "activity_lines": [ 9.054518, 9.340826, 9.98918, 10.487451 ] }, { "date": "2023-08-25", "close": 9.342429, "volume": 41862700, "typical_volume": 45528485.0, "trend": 10.973775, "fair_value": 13.195145, "relative_strength": -18.256658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.341925, "energy": 62.261902, "activity_lines": [ 9.125027, 9.281535, 9.873764, 10.377254 ] }, { "date": "2023-09-01", "close": 9.166156, "volume": 64296500, "typical_volume": 47684245.0, "trend": 10.888287, "fair_value": 13.154917, "relative_strength": -19.419907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.329913, "energy": 53.6614, "activity_lines": [ 9.130902, 9.215833, 9.752472, 10.260633 ] }, { "date": "2023-09-08", "close": 8.989884, "volume": 29461300, "typical_volume": 46631695.0, "trend": 10.79982, "fair_value": 13.120929, "relative_strength": -19.788837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.172443, "energy": 51.908344, "activity_lines": [ 9.095648, 9.137312, 9.626563, 10.138156 ] }, { "date": "2023-09-15", "close": 8.813612, "volume": 66696800, "typical_volume": 47381175.0, "trend": 10.682305, "fair_value": 13.083706, "relative_strength": -20.608548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.068436, "energy": 50.076328, "activity_lines": [ 9.007511, 9.058791, 9.497297, 10.010013 ] }, { "date": "2023-09-22", "close": 8.637341, "volume": 45144700, "typical_volume": 48331360.0, "trend": 10.561811, "fair_value": 13.045879, "relative_strength": -20.612186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.581691, "energy": 53.408914, "activity_lines": [ 8.87237, 8.975462, 9.366352, 9.87808 ] }, { "date": "2023-09-29", "close": 8.240728, "volume": 28964500, "typical_volume": 46538690.0, "trend": 10.436786, "fair_value": 12.997612, "relative_strength": -20.979933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.213647, "energy": 60.429981, "activity_lines": [ 8.622651, 8.826432, 9.214841, 9.728333 ] }, { "date": "2023-10-06", "close": 7.93225, "volume": 34811500, "typical_volume": 40896615.0, "trend": 10.29283, "fair_value": 12.946841, "relative_strength": -21.554175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.015752, "energy": 77.486612, "activity_lines": [ 8.343553, 8.639744, 9.053049, 9.56675 ] }, { "date": "2023-10-13", "close": 7.844115, "volume": 22068200, "typical_volume": 38094340.0, "trend": 10.160626, "fair_value": 12.90077, "relative_strength": -22.565004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.274671, "energy": 90.09728, "activity_lines": [ 8.117337, 8.464273, 8.894613, 9.408768 ] }, { "date": "2023-10-20", "close": 7.49157, "volume": 31684700, "typical_volume": 37257960.0, "trend": 9.996105, "fair_value": 12.852439, "relative_strength": -22.898363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.243905, "energy": 92.78684, "activity_lines": [ 7.84999, 8.247137, 8.716872, 9.236571 ] }, { "date": "2023-10-27", "close": 7.183094, "volume": 34871100, "typical_volume": 37874140.0, "trend": 9.82424, "fair_value": 12.798445, "relative_strength": -25.048129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.58589, "energy": 92.748591, "activity_lines": [ 7.567955, 8.001157, 8.524861, 9.055086 ] }, { "date": "2023-11-03", "close": 7.623774, "volume": 25778600, "typical_volume": 38336415.0, "trend": 9.690567, "fair_value": 12.746223, "relative_strength": -21.755409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.395289, "energy": 83.402607, "activity_lines": [ 7.529762, 7.866549, 8.392238, 8.913121 ] }, { "date": "2023-11-10", "close": 7.139026, "volume": 25463600, "typical_volume": 38434370.0, "trend": 9.537797, "fair_value": 12.694053, "relative_strength": -24.653538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.025031, "energy": 71.518167, "activity_lines": [ 7.371118, 7.675054, 8.228346, 8.748505 ] }, { "date": "2023-11-17", "close": 7.447503, "volume": 37859300, "typical_volume": 39089745.0, "trend": 9.392373, "fair_value": 12.642281, "relative_strength": -22.345014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.990457, "energy": 62.921509, "activity_lines": [ 7.36818, 7.576502, 8.108523, 8.613647 ] }, { "date": "2023-11-24", "close": 7.447503, "volume": 37949700, "typical_volume": 40097160.0, "trend": 9.241072, "fair_value": 12.5963, "relative_strength": -20.751299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.946775, "energy": 56.551058, "activity_lines": [ 7.391683, 7.505993, 8.004439, 8.488172 ] }, { "date": "2023-12-01", "close": 7.447503, "volume": 26341000, "typical_volume": 37047070.0, "trend": 9.080959, "fair_value": 12.54874, "relative_strength": -19.192683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.867135, "energy": 53.219978, "activity_lines": [ 7.418124, 7.460322, 7.913994, 8.372458 ] }, { "date": "2023-12-08", "close": 7.844115, "volume": 45285900, "typical_volume": 35830630.0, "trend": 8.934065, "fair_value": 12.506355, "relative_strength": -14.364786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.872656, "energy": 37.612388, "activity_lines": [ 7.559142, 7.508397, 7.868667, 8.292661 ] }, { "date": "2023-12-15", "close": 7.93225, "volume": 28771200, "typical_volume": 35969460.0, "trend": 8.851805, "fair_value": 12.465588, "relative_strength": -13.519583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.191035, "energy": 28.236864, "activity_lines": [ 7.714849, 7.579707, 7.838449, 8.228028 ] }, { "date": "2023-12-22", "close": 7.315299, "volume": 49652200, "typical_volume": 37000200.0, "trend": 8.73429, "fair_value": 12.425605, "relative_strength": -20.507284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.258533, "energy": 30.968289, "activity_lines": [ 7.612023, 7.538844, 7.756608, 8.128899 ] }, { "date": "2023-12-29", "close": 7.711911, "volume": 49469100, "typical_volume": 37829130.0, "trend": 8.635871, "fair_value": 12.391323, "relative_strength": -16.31734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.987094, "energy": 22.283272, "activity_lines": [ 7.650216, 7.579707, 7.720934, 8.062939 ] }, { "date": "2024-01-05", "close": 8.020389, "volume": 31313000, "typical_volume": 37887280.0, "trend": 8.541859, "fair_value": 12.354807, "relative_strength": -13.2717, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.171452, "energy": 17.594075, "activity_lines": [ 7.773607, 7.672651, 7.720725, 8.02323 ] }, { "date": "2024-01-12", "close": 7.97632, "volume": 34898700, "typical_volume": 37539080.0, "trend": 8.449316, "fair_value": 12.315375, "relative_strength": -12.35958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.673806, "energy": 12.609014, "activity_lines": [ 7.844116, 7.742358, 7.720515, 7.986744 ] }, { "date": "2024-01-19", "close": 7.755979, "volume": 25654400, "typical_volume": 35606975.0, "trend": 8.367056, "fair_value": 12.275058, "relative_strength": -12.357018, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.792711, "energy": 13.017124, "activity_lines": [ 7.832364, 7.765594, 7.705825, 7.942013 ] }, { "date": "2024-01-26", "close": 7.623774, "volume": 25735500, "typical_volume": 35420685.0, "trend": 8.262762, "fair_value": 12.233366, "relative_strength": -12.591371, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.344833, "energy": 13.122609, "activity_lines": [ 7.788296, 7.753575, 7.68526, 7.894059 ] }, { "date": "2024-02-02", "close": 7.667842, "volume": 17727300, "typical_volume": 32972210.0, "trend": 8.174625, "fair_value": 12.187745, "relative_strength": -12.727275, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.058367, "energy": 16.851393, "activity_lines": [ 7.738351, 7.746364, 7.675397, 7.855677 ] }, { "date": "2024-02-09", "close": 7.667842, "volume": 54173600, "typical_volume": 33423655.0, "trend": 8.130557, "fair_value": 12.137911, "relative_strength": -12.607171, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.893022, "energy": 20.152591, "activity_lines": [ 7.691345, 7.735147, 7.67099, 7.822981 ] }, { "date": "2024-02-16", "close": 7.667842, "volume": 22943200, "typical_volume": 33122590.0, "trend": 8.077676, "fair_value": 12.084392, "relative_strength": -11.955183, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.695227, "energy": 21.234492, "activity_lines": [ 7.667842, 7.719923, 7.6712, 7.793129 ] }, { "date": "2024-02-23", "close": 8.108523, "volume": 45437400, "typical_volume": 33653885.0, "trend": 8.033608, "fair_value": 12.034225, "relative_strength": -7.203056, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.829467, "energy": 4.269416, "activity_lines": [ 7.811798, 7.788028, 7.716108, 7.795119 ] }, { "date": "2024-03-01", "close": 8.108523, "volume": 40899000, "typical_volume": 34595425.0, "trend": 8.001291, "fair_value": 11.975633, "relative_strength": -4.668681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.435094, "energy": 10.588262, "activity_lines": [ 7.932251, 7.852928, 7.760176, 7.799952 ] }, { "date": "2024-03-08", "close": 8.198392, "volume": 40288600, "typical_volume": 35025620.0, "trend": 7.974908, "fair_value": 11.915999, "relative_strength": -4.417324, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.049923, "energy": 30.904736, "activity_lines": [ 8.050343, 7.919746, 7.811544, 7.812668 ] }, { "date": "2024-03-15", "close": 8.198392, "volume": 18702900, "typical_volume": 34217210.0, "trend": 7.951463, "fair_value": 11.86068, "relative_strength": -3.901847, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.04085, "energy": 45.988024, "activity_lines": [ 8.133066, 7.977719, 7.859546, 7.827087 ] }, { "date": "2024-03-22", "close": 8.152592, "volume": 19156200, "typical_volume": 33886090.0, "trend": 7.911801, "fair_value": 11.80237, "relative_strength": -3.518917, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.520423, "energy": 48.765165, "activity_lines": [ 8.165152, 8.024128, 7.898351, 7.840063 ] }, { "date": "2024-03-29", "close": 8.152592, "volume": 25807800, "typical_volume": 33903300.0, "trend": 7.878016, "fair_value": 11.742443, "relative_strength": -2.766594, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.530182, "energy": 45.984069, "activity_lines": [ 8.164921, 8.067332, 7.934638, 7.855598 ] }, { "date": "2024-04-05", "close": 7.786183, "volume": 13575800, "typical_volume": 32689125.0, "trend": 7.837893, "fair_value": 11.682324, "relative_strength": -6.469883, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.737974, "energy": 25.167668, "activity_lines": [ 8.039616, 8.036705, 7.931203, 7.849673 ] }, { "date": "2024-04-12", "close": 8.198392, "volume": 22886700, "typical_volume": 31935975.0, "trend": 7.817385, "fair_value": 11.626466, "relative_strength": -2.524081, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.687899, "energy": 24.472454, "activity_lines": [ 8.073203, 8.078072, 7.965413, 7.872931 ] }, { "date": "2024-04-19", "close": 8.198392, "volume": 0, "typical_volume": 30618925.0, "trend": 7.802754, "fair_value": 11.571686, "relative_strength": 2.64783, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.056712, "energy": 25.014592, "activity_lines": [ 8.10679, 8.109793, 7.996047, 7.897512 ] }, { "date": "2024-04-26", "close": 7.923585, "volume": 14320200, "typical_volume": 29070640.0, "trend": 7.792182, "fair_value": 11.514066, "relative_strength": -2.193971, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.903213, "energy": 16.431299, "activity_lines": [ 8.048775, 8.081902, 7.996934, 7.905308 ] }, { "date": "2024-05-03", "close": 7.877785, "volume": 12396200, "typical_volume": 28251890.0, "trend": 7.790367, "fair_value": 11.456692, "relative_strength": -2.764803, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.764876, "energy": 15.008383, "activity_lines": [ 7.990761, 8.041035, 7.99308, 7.91083 ] }, { "date": "2024-05-10", "close": 7.831985, "volume": 12977600, "typical_volume": 26418160.0, "trend": 7.789962, "fair_value": 11.40226, "relative_strength": -2.793994, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.724674, "energy": 12.560853, "activity_lines": [ 7.9358, 7.996035, 7.985123, 7.913515 ] }, { "date": "2024-05-17", "close": 7.923585, "volume": 26442900, "typical_volume": 25266850.0, "trend": 7.804363, "fair_value": 11.351652, "relative_strength": -2.05996, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.838711, "energy": 14.122807, "activity_lines": [ 7.908319, 7.972718, 7.98343, 7.922136 ] }, { "date": "2024-05-24", "close": 7.923585, "volume": 8614000, "typical_volume": 24131900.0, "trend": 7.829046, "fair_value": 11.299425, "relative_strength": -0.336101, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.479412, "energy": 13.585936, "activity_lines": [ 7.899158, 7.954397, 7.980729, 7.929828 ] }, { "date": "2024-05-31", "close": 7.786183, "volume": 14548800, "typical_volume": 23114405.0, "trend": 7.83446, "fair_value": 11.245239, "relative_strength": -0.306851, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.992902, "energy": 10.221153, "activity_lines": [ 7.862518, 7.916091, 7.965403, 7.927063 ] }, { "date": "2024-06-07", "close": 8.427398, "volume": 70302400, "typical_volume": 25346805.0, "trend": 7.877405, "fair_value": 11.194085, "relative_strength": 9.183534, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.081944, "energy": 24.130507, "activity_lines": [ 8.048775, 8.001031, 8.012051, 7.965317 ] }, { "date": "2024-06-14", "close": 7.740382, "volume": 38684000, "typical_volume": 25994230.0, "trend": 7.887168, "fair_value": 11.140684, "relative_strength": 2.623028, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.555211, "energy": 6.583843, "activity_lines": [ 7.969387, 7.956063, 7.990071, 7.956476 ] }, { "date": "2024-06-21", "close": 7.64878, "volume": 7410100, "typical_volume": 25478370.0, "trend": 7.893877, "fair_value": 11.088315, "relative_strength": 1.737446, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.864106, "energy": 11.180086, "activity_lines": [ 7.865572, 7.895273, 7.958812, 7.941097 ] }, { "date": "2024-06-28", "close": 7.557178, "volume": 12742100, "typical_volume": 23406795.0, "trend": 7.897533, "fair_value": 11.039672, "relative_strength": 1.395763, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.242569, "energy": 25.068759, "activity_lines": [ 7.749542, 7.82782, 7.91892, 7.919374 ] }, { "date": "2024-07-05", "close": 7.602979, "volume": 9158000, "typical_volume": 22717535.0, "trend": 7.889495, "fair_value": 10.996178, "relative_strength": 1.535557, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.513372, "energy": 45.465588, "activity_lines": [ 7.673207, 7.780354, 7.883917, 7.900371 ] }, { "date": "2024-07-12", "close": 7.740382, "volume": 6000000, "typical_volume": 20745665.0, "trend": 7.8831, "fair_value": 10.949789, "relative_strength": 1.852879, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.926803, "energy": 47.851394, "activity_lines": [ 7.654887, 7.763699, 7.862308, 7.89075 ] }, { "date": "2024-07-19", "close": 7.373973, "volume": 6950800, "typical_volume": 19048255.0, "trend": 7.885055, "fair_value": 10.906984, "relative_strength": -1.720821, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.500342, "energy": 63.313979, "activity_lines": [ 7.560231, 7.682922, 7.807557, 7.857903 ] }, { "date": "2024-07-26", "close": 7.190769, "volume": 16821100, "typical_volume": 17874880.0, "trend": 7.867684, "fair_value": 10.868399, "relative_strength": -3.235279, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.061026, "energy": 69.831458, "activity_lines": [ 7.428935, 7.577164, 7.738855, 7.813111 ] }, { "date": "2024-08-02", "close": 7.23657, "volume": 7346200, "typical_volume": 17307045.0, "trend": 7.841557, "fair_value": 10.830107, "relative_strength": -2.916202, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.850299, "energy": 70.130338, "activity_lines": [ 7.343439, 7.493056, 7.679314, 7.772394 ] }, { "date": "2024-08-09", "close": 7.282371, "volume": 13058400, "typical_volume": 17002155.0, "trend": 7.818425, "fair_value": 10.793727, "relative_strength": -1.014851, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.857217, "energy": 68.094744, "activity_lines": [ 7.294585, 7.429767, 7.628714, 7.736317 ] }, { "date": "2024-08-16", "close": 7.511376, "volume": 16550100, "typical_volume": 16539270.0, "trend": 7.810272, "fair_value": 10.748567, "relative_strength": 1.666019, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.506359, "energy": 54.391134, "activity_lines": [ 7.343439, 7.417276, 7.604069, 7.716508 ] }, { "date": "2024-08-23", "close": 8.106791, "volume": 17870700, "typical_volume": 16754015.0, "trend": 7.826372, "fair_value": 10.70129, "relative_strength": 5.525822, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.2435, "energy": 11.669797, "activity_lines": [ 7.606032, 7.529697, 7.639183, 7.735638 ] }, { "date": "2024-08-30", "close": 7.740382, "volume": 53778800, "typical_volume": 18298620.0, "trend": 7.82879, "fair_value": 10.654362, "relative_strength": 0.504473, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.92987, "energy": 19.234238, "activity_lines": [ 7.697634, 7.568836, 7.637875, 7.73009 ] }, { "date": "2024-09-06", "close": 8.885409, "volume": 23865400, "typical_volume": 19491890.0, "trend": 7.869376, "fair_value": 10.616931, "relative_strength": 9.676806, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.928731, "energy": 42.862803, "activity_lines": [ 8.134271, 7.814496, 7.747797, 7.798259 ] }, { "date": "2024-09-13", "close": 9.251818, "volume": 27951500, "typical_volume": 20173455.0, "trend": 7.922175, "fair_value": 10.579691, "relative_strength": 14.158495, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 62.381715, "energy": 77.010532, "activity_lines": [ 8.583122, 8.102627, 7.889345, 7.887449 ] }, { "date": "2024-09-20", "close": 9.160215, "volume": 8443300, "typical_volume": 19975810.0, "trend": 7.957231, "fair_value": 10.54564, "relative_strength": 10.664286, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 83.020627, "energy": 92.322734, "activity_lines": [ 8.870142, 8.344123, 8.015843, 7.967323 ] }, { "date": "2024-09-27", "close": 9.526623, "volume": 14815300, "typical_volume": 20067695.0, "trend": 8.004501, "fair_value": 10.519331, "relative_strength": 14.837796, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.226995, "energy": 95.128689, "activity_lines": [ 9.169375, 8.626424, 8.17113, 8.068574 ] }, { "date": "2024-10-04", "close": 9.343419, "volume": 18715700, "typical_volume": 19681335.0, "trend": 8.042669, "fair_value": 10.491848, "relative_strength": 12.727611, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.124466, "energy": 89.159439, "activity_lines": [ 9.312885, 8.836277, 8.3009, 8.154955 ] }, { "date": "2024-10-11", "close": 9.251818, "volume": 10400300, "typical_volume": 19770650.0, "trend": 8.077783, "fair_value": 10.465395, "relative_strength": 9.334955, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.618354, "energy": 85.474912, "activity_lines": [ 9.318992, 8.990335, 8.415184, 8.232965 ] }, { "date": "2024-10-18", "close": 9.068613, "volume": 18271800, "typical_volume": 19956800.0, "trend": 8.108317, "fair_value": 10.439926, "relative_strength": 5.492842, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.063661, "energy": 61.68244, "activity_lines": [ 9.239604, 9.074442, 8.505696, 8.29689 ] }, { "date": "2024-10-25", "close": 8.656403, "volume": 13104800, "typical_volume": 17096920.0, "trend": 8.125111, "fair_value": 10.411275, "relative_strength": 2.261767, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.151008, "energy": 43.576001, "activity_lines": [ 9.035025, 9.051125, 8.550843, 8.33225 ] }, { "date": "2024-11-01", "close": 8.793806, "volume": 16207900, "typical_volume": 15973115.0, "trend": 8.158698, "fair_value": 10.388898, "relative_strength": 3.612587, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.767699, "energy": 31.614283, "activity_lines": [ 8.909836, 9.031972, 8.607985, 8.375392 ] }, { "date": "2024-11-08", "close": 8.427398, "volume": 18510200, "typical_volume": 16528120.0, "trend": 8.166332, "fair_value": 10.360936, "relative_strength": -0.942323, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.407004, "energy": 25.742769, "activity_lines": [ 8.711364, 8.933708, 8.625215, 8.392727 ] }, { "date": "2024-11-15", "close": 8.427398, "volume": 19991800, "typical_volume": 16890605.0, "trend": 8.173965, "fair_value": 10.331357, "relative_strength": 0.379214, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.20086, "energy": 25.527974, "activity_lines": [ 8.573961, 8.822953, 8.638737, 8.40957 ] }, { "date": "2024-11-22", "close": 8.289995, "volume": 8712000, "typical_volume": 16868305.0, "trend": 8.186179, "fair_value": 10.305751, "relative_strength": -1.638768, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.381086, "energy": 20.883022, "activity_lines": [ 8.445718, 8.695542, 8.635029, 8.417056 ] }, { "date": "2024-11-29", "close": 8.013626, "volume": 13075500, "typical_volume": 17222080.0, "trend": 8.190707, "fair_value": 10.275676, "relative_strength": -3.737653, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.343561, "energy": 21.814413, "activity_lines": [ 8.27726, 8.535371, 8.601729, 8.405923 ] }, { "date": "2024-12-06", "close": 7.920984, "volume": 9829000, "typical_volume": 17365990.0, "trend": 8.193674, "fair_value": 10.245547, "relative_strength": -6.381411, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.961879, "energy": 35.559831, "activity_lines": [ 8.120774, 8.379203, 8.558305, 8.388522 ] }, { "date": "2024-12-13", "close": 7.689376, "volume": 10624000, "typical_volume": 17056135.0, "trend": 8.185867, "fair_value": 10.212854, "relative_strength": -7.729865, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.607924, "energy": 59.395273, "activity_lines": [ 7.945272, 8.210117, 8.490218, 8.355987 ] }, { "date": "2024-12-20", "close": 7.411447, "volume": 13390100, "typical_volume": 17358330.0, "trend": 8.168795, "fair_value": 10.17892, "relative_strength": -6.794583, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.971438, "energy": 68.134117, "activity_lines": [ 7.726329, 8.020573, 8.393287, 8.306024 ] }, { "date": "2024-12-27", "close": 7.689376, "volume": 7157100, "typical_volume": 17063265.0, "trend": 8.165569, "fair_value": 10.146767, "relative_strength": -5.82268, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.868638, "energy": 61.958224, "activity_lines": [ 7.667759, 7.915022, 8.321993, 8.275094 ] }, { "date": "2025-01-03", "close": 7.782019, "volume": 8040300, "typical_volume": 16637775.0, "trend": 8.144056, "fair_value": 10.113589, "relative_strength": -3.539551, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.755659, "energy": 52.266963, "activity_lines": [ 7.680112, 7.851393, 8.257584, 8.250349 ] }, { "date": "2025-01-10", "close": 7.179839, "volume": 18097500, "typical_volume": 16649115.0, "trend": 8.125371, "fair_value": 10.07817, "relative_strength": -9.795331, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.96922, "energy": 55.889712, "activity_lines": [ 7.507178, 7.694174, 8.134536, 8.188141 ] }, { "date": "2025-01-17", "close": 7.087196, "volume": 10258800, "typical_volume": 14473115.0, "trend": 8.106652, "fair_value": 10.044853, "relative_strength": -9.044808, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.7274, "energy": 60.5783, "activity_lines": [ 7.352773, 7.549456, 8.007079, 8.121162 ] }, { "date": "2025-01-24", "close": 7.040874, "volume": 8222100, "typical_volume": 13690950.0, "trend": 8.089441, "fair_value": 10.014476, "relative_strength": -10.425764, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.515998, "energy": 79.227805, "activity_lines": [ 7.223072, 7.420683, 7.87832, 8.052402 ] }, { "date": "2025-01-31", "close": 6.90191, "volume": 8937300, "typical_volume": 12740240.0, "trend": 8.066073, "fair_value": 9.979433, "relative_strength": -9.463656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.916415, "energy": 86.086813, "activity_lines": [ 7.071755, 7.291853, 7.745111, 7.975787 ] }, { "date": "2025-02-07", "close": 6.577659, "volume": 12385500, "typical_volume": 12937350.0, "trend": 8.027315, "fair_value": 9.94231, "relative_strength": -11.420607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.11582, "energy": 90.625899, "activity_lines": [ 6.864853, 7.129306, 7.59221, 7.879761 ] }, { "date": "2025-02-14", "close": 6.577659, "volume": 10992200, "typical_volume": 12746195.0, "trend": 8.000771, "fair_value": 9.904649, "relative_strength": -10.617973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.281391, "energy": 89.639729, "activity_lines": [ 6.73824, 6.992868, 7.451607, 7.786234 ] }, { "date": "2025-02-21", "close": 7.087196, "volume": 13088200, "typical_volume": 12464820.0, "trend": 7.997319, "fair_value": 9.872951, "relative_strength": -1.656474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.196372, "energy": 71.322258, "activity_lines": [ 6.821619, 6.973498, 7.373574, 7.727294 ] }, { "date": "2025-02-28", "close": 6.670302, "volume": 12530700, "typical_volume": 12571340.0, "trend": 7.978443, "fair_value": 9.83858, "relative_strength": -4.050244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.201994, "energy": 63.417987, "activity_lines": [ 6.766033, 6.889277, 7.266581, 7.64168 ] }, { "date": "2025-03-07", "close": 6.855588, "volume": 18511300, "typical_volume": 12583315.0, "trend": 7.964217, "fair_value": 9.808888, "relative_strength": -1.177225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.857802, "energy": 52.965643, "activity_lines": [ 6.796914, 6.852219, 7.189527, 7.569238 ] }, { "date": "2025-03-14", "close": 6.567941, "volume": 19840800, "typical_volume": 12920115.0, "trend": 7.932769, "fair_value": 9.776252, "relative_strength": -2.940075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.175802, "energy": 52.06887, "activity_lines": [ 6.735001, 6.778022, 7.095616, 7.479155 ] }, { "date": "2025-03-21", "close": 6.663824, "volume": 14457000, "typical_volume": 12832570.0, "trend": 7.88467, "fair_value": 9.74588, "relative_strength": -2.496086, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.674653, "energy": 51.936051, "activity_lines": [ 6.705697, 6.743333, 7.020783, 7.397288 ] }, { "date": "2025-03-28", "close": 6.615883, "volume": 10955400, "typical_volume": 12454830.0, "trend": 7.847187, "fair_value": 9.714651, "relative_strength": -2.184382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.754233, "energy": 50.044246, "activity_lines": [ 6.654667, 6.709309, 6.951526, 7.315431 ] }, { "date": "2025-04-04", "close": 6.376177, "volume": 11225300, "typical_volume": 12016505.0, "trend": 7.763546, "fair_value": 9.682435, "relative_strength": -1.521349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.728992, "energy": 55.859402, "activity_lines": [ 6.555157, 6.640271, 6.868066, 7.220527 ] }, { "date": "2025-04-11", "close": 6.136471, "volume": 10999000, "typical_volume": 12130855.0, "trend": 7.659701, "fair_value": 9.648133, "relative_strength": -5.375949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.459919, "energy": 66.733463, "activity_lines": [ 6.395353, 6.539736, 6.771545, 7.115554 ] }, { "date": "2025-04-18", "close": 6.328236, "volume": 12072500, "typical_volume": 12080705.0, "trend": 7.565302, "fair_value": 9.61561, "relative_strength": -4.098093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.597358, "energy": 59.904204, "activity_lines": [ 6.347412, 6.487985, 6.703542, 7.029653 ] }, { "date": "2025-04-25", "close": 6.52, "volume": 9231000, "typical_volume": 12050805.0, "trend": 7.465081, "fair_value": 9.57882, "relative_strength": -1.812115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.497888, "energy": 51.262822, "activity_lines": [ 6.379373, 6.475634, 6.661828, 6.962214 ] }, { "date": "2025-05-02", "close": 6.855588, "volume": 15088200, "typical_volume": 12274015.0, "trend": 7.382153, "fair_value": 9.544731, "relative_strength": -0.18997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.738042, "energy": 35.314621, "activity_lines": [ 6.532784, 6.525348, 6.658746, 6.922892 ] }, { "date": "2025-05-09", "close": 6.951471, "volume": 12929700, "typical_volume": 12250995.0, "trend": 7.305475, "fair_value": 9.512356, "relative_strength": 0.195752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.554748, "energy": 18.411075, "activity_lines": [ 6.702177, 6.596706, 6.668766, 6.895106 ] }, { "date": "2025-05-16", "close": 6.040589, "volume": 24590600, "typical_volume": 13122670.0, "trend": 7.204541, "fair_value": 9.468647, "relative_strength": -11.627385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.997293, "energy": 28.749577, "activity_lines": [ 6.529589, 6.497337, 6.594226, 6.813501 ] }, { "date": "2025-05-23", "close": 6.136471, "volume": 16032500, "typical_volume": 13522280.0, "trend": 7.120543, "fair_value": 9.427201, "relative_strength": -8.561688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.968205, "energy": 36.187069, "activity_lines": [ 6.395353, 6.43022, 6.536669, 6.744593 ] }, { "date": "2025-05-30", "close": 6.040589, "volume": 10426200, "typical_volume": 13138715.0, "trend": 7.028769, "fair_value": 9.385689, "relative_strength": -7.69672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.574864, "energy": 54.791704, "activity_lines": [ 6.241942, 6.353514, 6.477816, 6.674919 ] }, { "date": "2025-06-06", "close": 5.848824, "volume": 10732900, "typical_volume": 13162420.0, "trend": 6.942817, "fair_value": 9.344048, "relative_strength": -9.263728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.033793, "energy": 77.31754, "activity_lines": [ 6.056569, 6.253273, 6.406125, 6.598793 ] }, { "date": "2025-06-13", "close": 5.992647, "volume": 9802300, "typical_volume": 13241430.0, "trend": 6.861659, "fair_value": 9.307725, "relative_strength": -5.708059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.57455, "energy": 73.682121, "activity_lines": [ 5.986255, 6.193129, 6.354028, 6.537492 ] }, { "date": "2025-06-20", "close": 5.513236, "volume": 11056900, "typical_volume": 13347410.0, "trend": 6.7691, "fair_value": 9.267779, "relative_strength": -8.562193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.044743, "energy": 82.702488, "activity_lines": [ 5.820059, 6.052792, 6.261265, 6.450497 ] }, { "date": "2025-06-27", "close": 5.465294, "volume": 14146400, "typical_volume": 13435455.0, "trend": 6.684156, "fair_value": 9.228075, "relative_strength": -10.363944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.57293, "energy": 81.409761, "activity_lines": [ 5.673039, 5.91507, 6.170548, 6.36638 ] }, { "date": "2025-07-04", "close": 5.609118, "volume": 13487500, "typical_volume": 13560220.0, "trend": 6.607093, "fair_value": 9.188195, "relative_strength": -10.847669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.803224, "energy": 69.520548, "activity_lines": [ 5.618706, 5.819188, 6.098826, 6.297023 ] }, { "date": "2025-07-11", "close": 5.609118, "volume": 9141700, "typical_volume": 13362895.0, "trend": 6.537751, "fair_value": 9.147215, "relative_strength": -10.695345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.208037, "energy": 66.602507, "activity_lines": [ 5.593138, 5.739867, 6.031716, 6.232637 ] }, { "date": "2025-07-18", "close": 6.232353, "volume": 23555200, "typical_volume": 13914120.0, "trend": 6.498448, "fair_value": 9.108581, "relative_strength": -7.662592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.165961, "energy": 40.103582, "activity_lines": [ 5.791294, 5.796524, 6.031, 6.212934 ] }, { "date": "2025-07-25", "close": 6.136471, "volume": 15029500, "typical_volume": 13740030.0, "trend": 6.446685, "fair_value": 9.069333, "relative_strength": -9.730213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.814578, "energy": 23.046692, "activity_lines": [ 5.94151, 5.848824, 6.023238, 6.189581 ] }, { "date": "2025-08-01", "close": 6.280294, "volume": 23371800, "typical_volume": 13916580.0, "trend": 6.396627, "fair_value": 9.024962, "relative_strength": -7.590626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.7549, "energy": 20.020598, "activity_lines": [ 6.098118, 5.92553, 6.032598, 6.178846 ] }, { "date": "2025-08-08", "close": 6.472059, "volume": 25346400, "typical_volume": 14461050.0, "trend": 6.373035, "fair_value": 8.98292, "relative_strength": -7.699503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.298917, "energy": 20.91755, "activity_lines": [ 6.264314, 6.034487, 6.061591, 6.183713 ] }, { "date": "2025-08-15", "close": 6.711765, "volume": 19944300, "typical_volume": 14910495.0, "trend": 6.36052, "fair_value": 8.941314, "relative_strength": -4.163476, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 35.133008, "energy": 37.498777, "activity_lines": [ 6.452883, 6.179182, 6.114327, 6.205566 ] }, { "date": "2025-08-22", "close": 6.855588, "volume": 16904500, "typical_volume": 15194455.0, "trend": 6.354344, "fair_value": 8.901181, "relative_strength": -1.463808, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.387702, "energy": 53.588394, "activity_lines": [ 6.615882, 6.334337, 6.180303, 6.237506 ] }, { "date": "2025-08-29", "close": 7.430882, "volume": 43382400, "typical_volume": 16813625.0, "trend": 6.371976, "fair_value": 8.865834, "relative_strength": 8.136708, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.121541, "energy": 71.154641, "activity_lines": [ 6.929098, 6.578401, 6.298786, 6.30696 ] }, { "date": "2025-09-05", "close": 8.102059, "volume": 59475900, "typical_volume": 19183795.0, "trend": 6.42279, "fair_value": 8.83369, "relative_strength": 15.203499, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 66.241303, "energy": 83.383774, "activity_lines": [ 7.379745, 6.909631, 6.475027, 6.418578 ] }, { "date": "2025-09-12", "close": 8.054117, "volume": 32425400, "typical_volume": 20343515.0, "trend": 6.472005, "fair_value": 8.80124, "relative_strength": 12.074798, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 84.740536, "energy": 93.388443, "activity_lines": [ 7.692961, 7.184203, 6.638255, 6.523825 ] }, { "date": "2025-09-19", "close": 8.533529, "volume": 41583400, "typical_volume": 21668275.0, "trend": 6.520216, "fair_value": 8.767466, "relative_strength": 18.708936, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.237147, "energy": 95.16108, "activity_lines": [ 8.060509, 7.501486, 6.839836, 6.656827 ] }, { "date": "2025-09-26", "close": 8.725295, "volume": 30148400, "typical_volume": 22529210.0, "trend": 6.588716, "fair_value": 8.73547, "relative_strength": 22.595869, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.556043, "energy": 93.997289, "activity_lines": [ 8.370529, 7.800465, 7.051691, 6.79909 ] }, { "date": "2025-10-03", "close": 8.677354, "volume": 33824900, "typical_volume": 22990925.0, "trend": 6.649441, "fair_value": 8.704817, "relative_strength": 20.421554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.682311, "energy": 90.257837, "activity_lines": [ 8.539922, 8.045401, 7.250532, 6.933841 ] }, { "date": "2025-10-10", "close": 8.773235, "volume": 12312100, "typical_volume": 22804905.0, "trend": 6.722951, "fair_value": 8.682471, "relative_strength": 22.158562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.312103, "energy": 86.333946, "activity_lines": [ 8.658177, 8.261572, 7.44595, 7.07086 ] }, { "date": "2025-10-17", "close": 8.533529, "volume": 22634500, "typical_volume": 23415320.0, "trend": 6.785275, "fair_value": 8.661886, "relative_strength": 19.723209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.543288, "energy": 68.318824, "activity_lines": [ 8.651784, 8.388834, 7.605982, 7.187671 ] }, { "date": "2025-10-24", "close": 8.150001, "volume": 23772400, "typical_volume": 24067295.0, "trend": 6.836412, "fair_value": 8.639392, "relative_strength": 10.812716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.244372, "energy": 60.975856, "activity_lines": [ 8.485589, 8.408883, 7.717616, 7.275718 ] }, { "date": "2025-10-31", "close": 7.670588, "volume": 23404100, "typical_volume": 24747385.0, "trend": 6.879559, "fair_value": 8.610528, "relative_strength": 4.698901, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.788692, "energy": 42.485651, "activity_lines": [ 8.185157, 8.315615, 7.772635, 7.329536 ] }, { "date": "2025-11-07", "close": 7.143235, "volume": 22057000, "typical_volume": 25297390.0, "trend": 6.913118, "fair_value": 8.578283, "relative_strength": -1.914572, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.251398, "energy": 26.397607, "activity_lines": [ 7.779255, 8.111647, 7.769438, 7.346547 ] }, { "date": "2025-11-14", "close": 6.759706, "volume": 12807400, "typical_volume": 25230440.0, "trend": 6.9275, "fair_value": 8.54303, "relative_strength": -4.550677, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.170671, "energy": 24.083742, "activity_lines": [ 7.347784, 7.843177, 7.721954, 7.33665 ] }, { "date": "2025-11-21", "close": 6.711765, "volume": 11179000, "typical_volume": 25115015.0, "trend": 6.933892, "fair_value": 8.504172, "relative_strength": -3.978733, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.377702, "energy": 34.455318, "activity_lines": [ 7.034569, 7.590396, 7.66374, 7.322731 ] }, { "date": "2025-11-28", "close": 6.855588, "volume": 8294300, "typical_volume": 25072645.0, "trend": 6.933892, "fair_value": 8.465123, "relative_strength": -2.04634, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.918944, "energy": 41.663371, "activity_lines": [ 6.890745, 7.388171, 7.613972, 7.317679 ] }, { "date": "2025-12-05", "close": 6.663824, "volume": 11008000, "typical_volume": 24445285.0, "trend": 6.924304, "fair_value": 8.424844, "relative_strength": -5.990371, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.328265, "energy": 55.072682, "activity_lines": [ 6.769294, 7.181588, 7.540006, 7.300256 ] }, { "date": "2025-12-12", "close": 6.615883, "volume": 13867300, "typical_volume": 24387175.0, "trend": 6.943481, "fair_value": 8.387043, "relative_strength": -5.171504, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.779109, "energy": 63.107263, "activity_lines": [ 6.698981, 7.00377, 7.459419, 7.280358 ] }, { "date": "2025-12-19", "close": 6.567941, "volume": 16263400, "typical_volume": 24031755.0, "trend": 6.957863, "fair_value": 8.351163, "relative_strength": -5.655009, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.92685, "energy": 60.181831, "activity_lines": [ 6.647843, 6.854717, 7.371983, 7.256129 ] }, { "date": "2025-12-26", "close": 6.663824, "volume": 11579400, "typical_volume": 23343405.0, "trend": 6.978637, "fair_value": 8.313112, "relative_strength": -4.750194, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.012912, "energy": 47.656849, "activity_lines": [ 6.641451, 6.763193, 7.29231, 7.237159 ] }, { "date": "2026-01-02", "close": 6.807647, "volume": 11033400, "typical_volume": 22897860.0, "trend": 7.010598, "fair_value": 8.278211, "relative_strength": -2.654302, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.789849, "energy": 36.683327, "activity_lines": [ 6.686196, 6.731813, 7.22542, 7.226127 ] }, { "date": "2026-01-09", "close": 7.239118, "volume": 33291500, "typical_volume": 23717210.0, "trend": 7.052147, "fair_value": 8.242734, "relative_strength": 3.787726, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.638696, "energy": 19.945258, "activity_lines": [ 6.877961, 6.803289, 7.199167, 7.24087 ] }, { "date": "2026-01-16", "close": 7.143235, "volume": 17509300, "typical_volume": 22423555.0, "trend": 7.10648, "fair_value": 8.207199, "relative_strength": 0.577087, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.703217, "energy": 13.680699, "activity_lines": [ 6.999412, 6.865177, 7.161955, 7.246747 ] }, { "date": "2026-01-23", "close": 7.287059, "volume": 33903600, "typical_volume": 21144940.0, "trend": 7.167206, "fair_value": 8.179271, "relative_strength": -0.544104, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.074323, "energy": 14.858345, "activity_lines": [ 7.133647, 6.953214, 7.139811, 7.258397 ] }, { "date": "2026-01-30", "close": 7.239118, "volume": 29485400, "typical_volume": 20997940.0, "trend": 7.221539, "fair_value": 8.150478, "relative_strength": -2.106446, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.943426, "energy": 18.650622, "activity_lines": [ 7.203961, 7.022947, 7.116982, 7.263037 ] }, { "date": "2026-02-06", "close": 7.478824, "volume": 31178300, "typical_volume": 20477685.0, "trend": 7.283863, "fair_value": 8.123779, "relative_strength": -1.11945, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.242691, "energy": 23.59581, "activity_lines": [ 7.315824, 7.126674, 7.120863, 7.279636 ] }, { "date": "2026-02-13", "close": 8.821177, "volume": 101842100, "typical_volume": 24062370.0, "trend": 7.370157, "fair_value": 8.101229, "relative_strength": 10.02175, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.25557, "energy": 63.687367, "activity_lines": [ 7.830393, 7.463134, 7.257609, 7.378817 ] }, { "date": "2026-02-20", "close": 8.917059, "volume": 45301100, "typical_volume": 24636180.0, "trend": 7.462843, "fair_value": 8.07985, "relative_strength": 7.387183, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.172434, "energy": 80.453891, "activity_lines": [ 8.271451, 7.777802, 7.403031, 7.478618 ] }, { "date": "2026-02-27", "close": 9.540295, "volume": 123578400, "typical_volume": 30199495.0, "trend": 7.57151, "fair_value": 8.064137, "relative_strength": 10.97615, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.289679, "energy": 93.330185, "activity_lines": [ 8.802001, 8.163947, 7.606667, 7.612647 ] }, { "date": "2026-03-06", "close": 8.197942, "volume": 82214200, "typical_volume": 33178480.0, "trend": 7.629039, "fair_value": 8.038156, "relative_strength": 3.293898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.644826, "energy": 81.353997, "activity_lines": [ 8.734883, 8.251984, 7.678807, 7.653062 ] }, { "date": "2026-03-13", "close": 8.0, "volume": 46850000, "typical_volume": 34332360.0, "trend": 7.671981, "fair_value": 8.013732, "relative_strength": 0.844963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.117446, "energy": 58.349744, "activity_lines": [ 8.537863, 8.276139, 7.733694, 7.676995 ] }, { "date": "2026-03-20", "close": 7.85, "volume": 56500700, "typical_volume": 35987190.0, "trend": 7.705128, "fair_value": 7.984391, "relative_strength": -2.632486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 28.953558, "energy": 28.542964, "activity_lines": [ 8.256098, 8.251343, 7.775009, 7.68848 ] }, { "date": "2026-03-27", "close": 8.45, "volume": 106414500, "typical_volume": 40205065.0, "trend": 7.739098, "fair_value": 7.959461, "relative_strength": 3.716417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 17.39007, "energy": 13.088199, "activity_lines": [ 8.239079, 8.32453, 7.872612, 7.736536 ] }, { "date": "2026-04-03", "close": 8.25, "volume": 81440200, "typical_volume": 43636705.0, "trend": 7.74403, "fair_value": 7.937769, "relative_strength": 0.775043, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.512707, "energy": 20.353443, "activity_lines": [ 8.186529, 8.337594, 7.944946, 7.769497 ] }, { "date": "2026-04-10", "close": 8.65, "volume": 38532200, "typical_volume": 45004365.0, "trend": 7.763892, "fair_value": 7.918076, "relative_strength": 1.850322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.89147, "energy": 27.357718, "activity_lines": [ 8.353333, 8.405877, 8.048278, 7.827947 ] }, { "date": "2026-04-17", "close": 8.45, "volume": 9586900, "typical_volume": 45068995.0, "trend": 7.761108, "fair_value": 7.896536, "relative_strength": 1.06278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.470798, "energy": 33.452268, "activity_lines": [ 8.423333, 8.412145, 8.123332, 7.872212 ] }, { "date": "2026-04-24", "close": 8.25, "volume": 16557100, "typical_volume": 45346450.0, "trend": 7.745265, "fair_value": 7.872584, "relative_strength": 0.442539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.622931, "energy": 30.130201, "activity_lines": [ 8.396667, 8.36439, 8.171747, 7.903754 ] }, { "date": "2026-05-01", "close": 8.15, "volume": 18073000, "typical_volume": 45556735.0, "trend": 7.727686, "fair_value": 7.846296, "relative_strength": -3.185697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.065042, "energy": 26.49041, "activity_lines": [ 8.31, 8.30884, 8.203084, 7.929865 ] }, { "date": "2026-05-08", "close": 7.75, "volume": 20450500, "typical_volume": 45766090.0, "trend": 7.693579, "fair_value": 7.817444, "relative_strength": -8.166373, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.698138, "energy": 13.549284, "activity_lines": [ 8.11, 8.194508, 8.189021, 7.931305 ] }, { "date": "2026-05-15", "close": 7.35, "volume": 20597800, "typical_volume": 46217010.0, "trend": 7.654128, "fair_value": 7.797892, "relative_strength": -13.853689, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.666298, "energy": 16.02218, "activity_lines": [ 7.81, 8.04, 8.131234, 7.909139 ] }, { "date": "2026-05-22", "close": 7.25, "volume": 29425500, "typical_volume": 47136615.0, "trend": 7.624128, "fair_value": 7.774874, "relative_strength": -16.025045, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.569886, "energy": 33.512918, "activity_lines": [ 7.563333, 7.882727, 8.060656, 7.883066 ] }, { "date": "2026-05-29", "close": 7.3, "volume": 17282400, "typical_volume": 46336160.0, "trend": 7.611775, "fair_value": 7.753307, "relative_strength": -16.87561, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.88235, "energy": 49.831388, "activity_lines": [ 7.413333, 7.748182, 7.992733, 7.862154 ] }, { "date": "2026-06-05", "close": 7.2, "volume": 3984700, "typical_volume": 45659930.0, "trend": 7.613667, "fair_value": 7.729969, "relative_strength": -18.584495, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.929056, "energy": 61.180519, "activity_lines": [ 7.293333, 7.605455, 7.914996, 7.835588 ] }, { "date": "2026-06-12", "close": 7.35, "volume": 6104300, "typical_volume": 44269965.0, "trend": 7.633343, "fair_value": 7.708158, "relative_strength": -17.194581, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.182181, "energy": 56.950941, "activity_lines": [ 7.286667, 7.512727, 7.851275, 7.818578 ] }, { "date": "2026-06-19", "close": 7.45, "volume": 2239000, "typical_volume": 42907645.0, "trend": 7.657951, "fair_value": 7.690377, "relative_strength": -14.880086, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.253231, "energy": 48.641414, "activity_lines": [ 7.34, 7.454545, 7.796777, 7.806749 ] }, { "date": "2026-06-26", "close": 7.2, "volume": 2771900, "typical_volume": 41487325.0, "trend": 7.669432, "fair_value": 7.667604, "relative_strength": -16.017289, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.52636, "energy": 56.096523, "activity_lines": [ 7.303333, 7.372727, 7.717466, 7.777204 ] }, { "date": "2026-07-03", "close": 7.5, "volume": 5552400, "typical_volume": 36672840.0, "trend": 7.697304, "fair_value": 7.649579, "relative_strength": -16.158402, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.272074, "energy": 28.484774, "activity_lines": [ 7.37, 7.368182, 7.668055, 7.766273 ] }, { "date": "2026-07-10", "close": 7.6, "volume": 55056300, "typical_volume": 37160600.0, "trend": 7.730108, "fair_value": 7.640669, "relative_strength": -15.486028, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.419632, "energy": 21.126101, "activity_lines": [ 7.456667, 7.395455, 7.634458, 7.759995 ] }, { "date": "2026-07-17", "close": 7.85, "volume": 30639700, "typical_volume": 32513665.0, "trend": 7.772843, "fair_value": 7.631667, "relative_strength": -13.524741, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -27.943053, "energy": 19.595404, "activity_lines": [ 7.6, 7.478182, 7.630943, 7.76773 ] }, { "date": "2026-07-24", "close": 7.5, "volume": 22614400, "typical_volume": 29533675.0, "trend": 7.800716, "fair_value": 7.619292, "relative_strength": -17.477361, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.839557, "energy": 24.195633, "activity_lines": [ 7.593333, 7.495455, 7.602143, 7.750127 ] }, { "date": "2026-07-31", "close": 7.55, "volume": 10151200, "typical_volume": 27698735.0, "trend": 7.825461, "fair_value": 7.609497, "relative_strength": -15.840141, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.42615, "energy": 22.691914, "activity_lines": [ 7.6, 7.519091, 7.581429, 7.733952 ] }, { "date": "2026-08-07", "close": 7.4, "volume": 21936100, "typical_volume": 25970505.0, "trend": 7.830824, "fair_value": 7.599305, "relative_strength": -16.792351, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.899892, "energy": 21.347719, "activity_lines": [ 7.533333, 7.51, 7.548571, 7.706503 ] } ], "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." } } }