{ "ticker": { "uuid": "f01fef34-e5a3-4e44-a550-4d26a4703f87", "symbol": "SRI", "name": "Stoneridge Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 91.716, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 39.312, "architecture_energy": 17.508, "architecture_maturity": 14.205, "architecture_confidence": 75.725, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 46.42, "rotation_up": 34.3, "upward_expansion": 54.95, "deceleration": 80.53, "rotation_down": 24.42, "downward_expansion": 18.62 }, "activity_lines": [ 7.212667, 7.215091, 7.160286, 7.025548 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 7.46, "trend_reference": 6.961333, "distance_from_trend": 0.071634, "trend_direction": "Improving", "fair_value": 10.395064, "distance_from_fair_value": -0.282352, "fair_value_direction": "Improving", "relative_strength": -3.726731, "relative_strength_direction": "Weakening", "price_momentum": -0.119244, "excess_performance": -0.244869, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071634, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.071909, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.282352, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.04572, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.037267, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.049306, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.119244, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.509279, "read": "Supply-led" } ], "volume": { "latest": 642126, "relative_activity": 0.574047, "balance": 0.509279, "dry_up": 0.702486, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.108012, "annualized_volatility": 0.686123, "from_high_reference": -0.23172, "from_low_reference": 0.621739 }, "levels": { "trend_reference": 6.961333, "fair_value_reference": 10.395064, "structural_low": 4.6, "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": 15, "median_return": 0.039665, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.024668, "regime_survival": 0.4, "best_return": 0.314741, "worst_return": -0.194998, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.029446, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.029014, "regime_survival": 0.444444, "best_return": 0.653386, "worst_return": -0.582677, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.088675, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.102999, "regime_survival": 0.333333, "best_return": 0.13745, "worst_return": -0.686856, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.169969, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.433915, "regime_survival": 0.0, "best_return": -0.084331, "worst_return": -0.553604, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-23", "end": "2025-05-23", "tenure": "Extended", "return": -0.663121, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.131474, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.304419, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-10-03", "tenure": "Established", "return": 0.042524, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-11-14", "tenure": "Developing", "return": -0.107644, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-12-19", "tenure": "Developing", "return": 0.03964, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-26", "end": "2026-01-30", "tenure": "Developing", "return": 0.156415, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": -0.316411, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.118397, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.174274, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.05644, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": 0.089181, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-07-24", "tenure": "Developing", "return": -0.01071, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.079595, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 21.22, "volume": 466091, "typical_volume": 631186.5, "trend": 19.457667, "fair_value": 22.635128, "relative_strength": -2.695144, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.34226, "energy": 70.69997, "activity_lines": [ 21.898667, 20.847818, 19.440714, 19.144473 ] }, { "date": "2023-08-25", "close": 20.03, "volume": 366825, "typical_volume": 626990.2, "trend": 19.324333, "fair_value": 22.630128, "relative_strength": -8.679989, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.283579, "energy": 60.045353, "activity_lines": [ 21.392, 20.863818, 19.573095, 19.181398 ] }, { "date": "2023-09-01", "close": 21.06, "volume": 351603, "typical_volume": 611604.85, "trend": 19.234667, "fair_value": 22.636282, "relative_strength": -6.265064, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 57.638116, "energy": 42.584094, "activity_lines": [ 21.224667, 21.026, 19.791952, 19.293376 ] }, { "date": "2023-09-08", "close": 19.15, "volume": 254433, "typical_volume": 568868.8, "trend": 19.103667, "fair_value": 22.634679, "relative_strength": -13.546542, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 34.623637, "energy": 22.146164, "activity_lines": [ 20.346, 20.769818, 19.817333, 19.287914 ] }, { "date": "2023-09-15", "close": 18.57, "volume": 396751, "typical_volume": 541178.9, "trend": 18.926333, "fair_value": 22.633718, "relative_strength": -15.868157, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.163508, "energy": 21.86318, "activity_lines": [ 19.594, 20.402727, 19.785095, 19.253484 ] }, { "date": "2023-09-22", "close": 19.71, "volume": 418420, "typical_volume": 502307.7, "trend": 18.809333, "fair_value": 22.647885, "relative_strength": -7.919042, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.054532, "energy": 21.779018, "activity_lines": [ 19.495333, 20.245636, 19.862667, 19.304043 ] }, { "date": "2023-09-29", "close": 20.07, "volume": 354021, "typical_volume": 483957.2, "trend": 18.797333, "fair_value": 22.652115, "relative_strength": -5.546315, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.93072, "energy": 21.542424, "activity_lines": [ 19.617333, 20.144364, 19.958476, 19.385376 ] }, { "date": "2023-10-06", "close": 18.6, "volume": 495842, "typical_volume": 481384.6, "trend": 18.792, "fair_value": 22.623718, "relative_strength": -12.788227, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.110808, "energy": 11.412535, "activity_lines": [ 19.246667, 19.774, 19.891381, 19.372645 ] }, { "date": "2023-10-13", "close": 17.55, "volume": 348065, "typical_volume": 472580.05, "trend": 18.799333, "fair_value": 22.592244, "relative_strength": -17.836462, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.46465, "energy": 24.29279, "activity_lines": [ 18.69, 19.237091, 19.71181, 19.292516 ] }, { "date": "2023-10-20", "close": 16.83, "volume": 433633, "typical_volume": 467309.9, "trend": 18.769, "fair_value": 22.550769, "relative_strength": -18.902467, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.061046, "energy": 43.824694, "activity_lines": [ 18.0, 18.685636, 19.458714, 19.165462 ] }, { "date": "2023-10-27", "close": 16.08, "volume": 456371, "typical_volume": 462440.3, "trend": 18.681667, "fair_value": 22.5075, "relative_strength": -20.080065, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.9159, "energy": 59.551143, "activity_lines": [ 17.176, 18.104, 19.137381, 18.991978 ] }, { "date": "2023-11-03", "close": 16.88, "volume": 853671, "typical_volume": 483701.05, "trend": 18.658, "fair_value": 22.465962, "relative_strength": -19.923892, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.97144, "energy": 60.031631, "activity_lines": [ 16.860667, 17.761273, 18.90181, 18.875742 ] }, { "date": "2023-11-10", "close": 16.0, "volume": 548963, "typical_volume": 486288.8, "trend": 18.570333, "fair_value": 22.408462, "relative_strength": -24.335369, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.039756, "energy": 67.696639, "activity_lines": [ 16.464667, 17.315818, 18.586667, 18.704258 ] }, { "date": "2023-11-17", "close": 16.6, "volume": 475013, "typical_volume": 480080.45, "trend": 18.502, "fair_value": 22.344487, "relative_strength": -22.471038, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.612288, "energy": 59.486921, "activity_lines": [ 16.442, 17.071455, 18.334143, 18.57714 ] }, { "date": "2023-11-24", "close": 16.54, "volume": 208869, "typical_volume": 468111.65, "trend": 18.425667, "fair_value": 22.277115, "relative_strength": -22.71663, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.863339, "energy": 48.596307, "activity_lines": [ 16.462667, 16.862545, 18.086619, 18.450559 ] }, { "date": "2023-12-01", "close": 16.76, "volume": 437326, "typical_volume": 461452.7, "trend": 18.439667, "fair_value": 22.193269, "relative_strength": -21.572022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.160441, "energy": 44.17286, "activity_lines": [ 16.576, 16.730545, 17.870429, 18.343097 ] }, { "date": "2023-12-08", "close": 16.95, "volume": 301064, "typical_volume": 449584.1, "trend": 18.496, "fair_value": 22.106603, "relative_strength": -20.165214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.555939, "energy": 35.13492, "activity_lines": [ 16.707333, 16.686727, 17.683857, 18.246989 ] }, { "date": "2023-12-15", "close": 17.99, "volume": 512397, "typical_volume": 455335.7, "trend": 18.563, "fair_value": 22.034551, "relative_strength": -16.593485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.969158, "energy": 24.675289, "activity_lines": [ 17.180667, 16.888727, 17.610714, 18.214344 ] }, { "date": "2023-12-22", "close": 19.74, "volume": 677476, "typical_volume": 445785.85, "trend": 18.670667, "fair_value": 21.97109, "relative_strength": -8.752596, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.295064, "energy": 15.390807, "activity_lines": [ 18.104667, 17.42, 17.713524, 18.29028 ] }, { "date": "2023-12-29", "close": 19.57, "volume": 417702, "typical_volume": 438726.8, "trend": 18.739667, "fair_value": 21.902756, "relative_strength": -9.240394, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 26.181046, "energy": 30.489116, "activity_lines": [ 18.762667, 17.880545, 17.82019, 18.348301 ] }, { "date": "2024-01-05", "close": 17.89, "volume": 478910, "typical_volume": 439367.75, "trend": 18.733, "fair_value": 21.818333, "relative_strength": -14.976793, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.904251, "energy": 23.143669, "activity_lines": [ 18.658667, 17.985818, 17.781619, 18.293484 ] }, { "date": "2024-01-12", "close": 17.9, "volume": 400435, "typical_volume": 441048.25, "trend": 18.737333, "fair_value": 21.741859, "relative_strength": -15.729461, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.178342, "energy": 20.214861, "activity_lines": [ 18.482667, 18.06, 17.759857, 18.239742 ] }, { "date": "2024-01-19", "close": 16.94, "volume": 263235, "typical_volume": 436629.85, "trend": 18.730333, "fair_value": 21.658462, "relative_strength": -20.431691, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.370993, "energy": 16.950597, "activity_lines": [ 17.923333, 17.941091, 17.65681, 18.123785 ] }, { "date": "2024-01-26", "close": 18.28, "volume": 338435, "typical_volume": 440829.95, "trend": 18.711333, "fair_value": 21.599679, "relative_strength": -14.168235, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.994958, "energy": 16.600282, "activity_lines": [ 17.880667, 18.048727, 17.701, 18.094731 ] }, { "date": "2024-02-02", "close": 18.24, "volume": 474311, "typical_volume": 444707.95, "trend": 18.695333, "fair_value": 21.532949, "relative_strength": -14.748633, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.810806, "energy": 15.811577, "activity_lines": [ 17.922, 18.118545, 17.745524, 18.064323 ] }, { "date": "2024-02-09", "close": 18.61, "volume": 263128, "typical_volume": 436943.35, "trend": 18.676333, "fair_value": 21.457821, "relative_strength": -13.427275, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.939213, "energy": 9.317506, "activity_lines": [ 18.175333, 18.224727, 17.826857, 18.058817 ] }, { "date": "2024-02-16", "close": 18.37, "volume": 515319, "typical_volume": 445008.25, "trend": 18.623, "fair_value": 21.383397, "relative_strength": -13.369683, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.625005, "energy": 10.128761, "activity_lines": [ 18.300667, 18.253636, 17.890571, 18.039054 ] }, { "date": "2024-02-23", "close": 18.27, "volume": 407402, "typical_volume": 440586.25, "trend": 18.567333, "fair_value": 21.303974, "relative_strength": -14.344258, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.129317, "energy": 12.056869, "activity_lines": [ 18.361333, 18.238545, 17.952857, 18.01628 ] }, { "date": "2024-03-01", "close": 17.66, "volume": 667199, "typical_volume": 456542.95, "trend": 18.357667, "fair_value": 21.194744, "relative_strength": -17.37256, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.346219, "energy": 5.405233, "activity_lines": [ 18.13, 18.107455, 17.958619, 17.957742 ] }, { "date": "2024-03-08", "close": 16.85, "volume": 438713, "typical_volume": 456796.95, "trend": 18.163667, "fair_value": 21.064359, "relative_strength": -20.384739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.804312, "energy": 21.68069, "activity_lines": [ 17.67, 17.866909, 17.886714, 17.860473 ] }, { "date": "2024-03-15", "close": 16.75, "volume": 556932, "typical_volume": 461825.0, "trend": 18.014667, "fair_value": 20.945705, "relative_strength": -20.360095, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.168593, "energy": 33.961326, "activity_lines": [ 17.269333, 17.657636, 17.80519, 17.769269 ] }, { "date": "2024-03-22", "close": 17.65, "volume": 382119, "typical_volume": 438247.4, "trend": 17.935333, "fair_value": 20.8475, "relative_strength": -17.466302, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.492694, "energy": 32.048758, "activity_lines": [ 17.292667, 17.632727, 17.80619, 17.745742 ] }, { "date": "2024-03-29", "close": 18.44, "volume": 506460, "typical_volume": 436122.25, "trend": 17.848, "fair_value": 20.761474, "relative_strength": -13.629848, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.691143, "energy": 12.681473, "activity_lines": [ 17.627333, 17.756, 17.878762, 17.778301 ] }, { "date": "2024-04-05", "close": 17.54, "volume": 421755, "typical_volume": 433459.35, "trend": 17.794333, "fair_value": 20.678397, "relative_strength": -16.72628, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.843026, "energy": 9.551952, "activity_lines": [ 17.650667, 17.688364, 17.854, 17.75843 ] }, { "date": "2024-04-12", "close": 15.94, "volume": 549614, "typical_volume": 450496.6, "trend": 17.706667, "fair_value": 20.576603, "relative_strength": -22.664327, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.094996, "energy": 26.735127, "activity_lines": [ 17.148667, 17.343273, 17.672381, 17.638796 ] }, { "date": "2024-04-19", "close": 15.61, "volume": 458168, "typical_volume": 451538.7, "trend": 17.57, "fair_value": 20.461026, "relative_strength": -21.326412, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.527051, "energy": 49.865626, "activity_lines": [ 16.597333, 16.98, 17.46219, 17.503527 ] }, { "date": "2024-04-26", "close": 15.78, "volume": 675329, "typical_volume": 470251.95, "trend": 17.427, "fair_value": 20.349038, "relative_strength": -21.962002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.931325, "energy": 65.68953, "activity_lines": [ 16.178667, 16.702182, 17.273667, 17.388043 ] }, { "date": "2024-05-03", "close": 15.32, "volume": 1195807, "typical_volume": 504422.45, "trend": 17.317667, "fair_value": 20.228782, "relative_strength": -24.312212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.309798, "energy": 71.93226, "activity_lines": [ 15.731333, 16.387818, 17.046905, 17.252108 ] }, { "date": "2024-05-10", "close": 16.04, "volume": 817037, "typical_volume": 511400.5, "trend": 17.267333, "fair_value": 20.125769, "relative_strength": -21.949544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.466, "energy": 65.897434, "activity_lines": [ 15.732, 16.258, 16.901429, 17.169677 ] }, { "date": "2024-05-17", "close": 16.86, "volume": 647325, "typical_volume": 522881.65, "trend": 17.268333, "fair_value": 20.028526, "relative_strength": -19.021866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.914575, "energy": 43.348257, "activity_lines": [ 16.106, 16.306727, 16.851667, 17.143398 ] }, { "date": "2024-05-24", "close": 16.04, "volume": 423267, "typical_volume": 520099.5, "trend": 17.267, "fair_value": 19.936218, "relative_strength": -22.596067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.218916, "energy": 32.83957, "activity_lines": [ 16.145333, 16.206182, 16.736714, 17.064151 ] }, { "date": "2024-05-31", "close": 15.87, "volume": 569901, "typical_volume": 528572.8, "trend": 17.233333, "fair_value": 19.835192, "relative_strength": -22.682824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.317065, "energy": 26.88959, "activity_lines": [ 16.099333, 16.087636, 16.614381, 16.974022 ] }, { "date": "2024-06-07", "close": 15.25, "volume": 732229, "typical_volume": 552022.5, "trend": 17.208333, "fair_value": 19.724679, "relative_strength": -26.111184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.434795, "energy": 36.772895, "activity_lines": [ 15.840667, 15.888727, 16.442667, 16.846065 ] }, { "date": "2024-06-14", "close": 15.55, "volume": 600510, "typical_volume": 565126.25, "trend": 17.173333, "fair_value": 19.633462, "relative_strength": -25.421378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.443636, "energy": 40.912235, "activity_lines": [ 15.686667, 15.802364, 16.307571, 16.739075 ] }, { "date": "2024-06-21", "close": 15.63, "volume": 635124, "typical_volume": 573166.9, "trend": 17.143, "fair_value": 19.535, "relative_strength": -25.088831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.474234, "energy": 48.595304, "activity_lines": [ 15.592, 15.766727, 16.193095, 16.639505 ] }, { "date": "2024-06-28", "close": 15.96, "volume": 1165683, "typical_volume": 618294.65, "trend": 17.116333, "fair_value": 19.450962, "relative_strength": -22.932872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.832321, "energy": 39.634671, "activity_lines": [ 15.689333, 15.796727, 16.122476, 16.563183 ] }, { "date": "2024-07-05", "close": 14.25, "volume": 603147, "typical_volume": 622686.05, "trend": 17.026333, "fair_value": 19.359103, "relative_strength": -31.877078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.990772, "energy": 54.544382, "activity_lines": [ 15.222, 15.509455, 15.901619, 16.378258 ] }, { "date": "2024-07-12", "close": 15.92, "volume": 864361, "typical_volume": 645534.0, "trend": 16.957333, "fair_value": 19.283974, "relative_strength": -24.045059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.188261, "energy": 33.527704, "activity_lines": [ 15.419333, 15.553636, 15.859429, 16.306882 ] }, { "date": "2024-07-19", "close": 16.34, "volume": 1120095, "typical_volume": 668178.8, "trend": 16.844, "fair_value": 19.210385, "relative_strength": -19.860677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.257513, "energy": 20.555106, "activity_lines": [ 15.712, 15.663273, 15.868429, 16.267054 ] }, { "date": "2024-07-26", "close": 16.5, "volume": 823655, "typical_volume": 687425.9, "trend": 16.741667, "fair_value": 19.130577, "relative_strength": -17.806068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.828893, "energy": 12.976119, "activity_lines": [ 16.005333, 15.796545, 15.898952, 16.24486 ] }, { "date": "2024-08-02", "close": 16.51, "volume": 886704, "typical_volume": 703914.5, "trend": 16.695667, "fair_value": 19.064551, "relative_strength": -14.93825, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.565967, "energy": 12.047901, "activity_lines": [ 16.244, 15.938182, 15.932095, 16.229914 ] }, { "date": "2024-08-09", "close": 13.95, "volume": 896017, "typical_volume": 729609.4, "trend": 16.564, "fair_value": 18.987885, "relative_strength": -27.162568, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.697452, "energy": 24.98906, "activity_lines": [ 15.592667, 15.605818, 15.722571, 16.052774 ] }, { "date": "2024-08-16", "close": 13.94, "volume": 568873, "typical_volume": 732730.05, "trend": 16.464, "fair_value": 18.925128, "relative_strength": -29.097917, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.84164, "energy": 43.743816, "activity_lines": [ 14.958, 15.306545, 15.529714, 15.883484 ] }, { "date": "2024-08-23", "close": 14.1, "volume": 586817, "typical_volume": 740983.15, "trend": 16.324667, "fair_value": 18.866731, "relative_strength": -28.464072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.239216, "energy": 60.376035, "activity_lines": [ 14.508667, 15.060182, 15.373524, 15.730968 ] }, { "date": "2024-08-30", "close": 14.34, "volume": 502403, "typical_volume": 738622.6, "trend": 16.194667, "fair_value": 18.808205, "relative_strength": -26.564737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.392641, "energy": 64.399175, "activity_lines": [ 14.288667, 14.883818, 15.256571, 15.602925 ] }, { "date": "2024-09-06", "close": 12.72, "volume": 359085, "typical_volume": 733668.45, "trend": 15.998333, "fair_value": 18.76, "relative_strength": -31.28486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.44273, "energy": 74.17365, "activity_lines": [ 13.672667, 14.436364, 14.992952, 15.378753 ] }, { "date": "2024-09-13", "close": 12.55, "volume": 584750, "typical_volume": 729139.5, "trend": 15.804333, "fair_value": 18.710064, "relative_strength": -34.07509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.869773, "energy": 75.016525, "activity_lines": [ 13.252667, 14.016909, 14.726905, 15.15628 ] }, { "date": "2024-09-20", "close": 12.11, "volume": 2331650, "typical_volume": 785931.65, "trend": 15.599, "fair_value": 18.657372, "relative_strength": -36.37362, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.110874, "energy": 76.0938, "activity_lines": [ 12.779333, 13.548364, 14.434333, 14.917935 ] }, { "date": "2024-09-27", "close": 11.37, "volume": 1111767, "typical_volume": 800668.15, "trend": 15.389333, "fair_value": 18.59641, "relative_strength": -39.638556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.044258, "energy": 81.312065, "activity_lines": [ 12.181333, 13.014545, 14.086571, 14.645097 ] }, { "date": "2024-10-04", "close": 9.81, "volume": 1156441, "typical_volume": 826123.95, "trend": 15.154667, "fair_value": 18.526603, "relative_strength": -47.233507, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.522695, "energy": 89.938167, "activity_lines": [ 11.245333, 12.287455, 13.612476, 14.28514 ] }, { "date": "2024-10-11", "close": 10.06, "volume": 1512498, "typical_volume": 880585.5, "trend": 14.931667, "fair_value": 18.455769, "relative_strength": -45.737436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.054598, "energy": 91.162868, "activity_lines": [ 10.694667, 11.727455, 13.195762, 13.956452 ] }, { "date": "2024-10-18", "close": 9.84, "volume": 985260, "typical_volume": 901353.45, "trend": 14.671333, "fair_value": 18.384295, "relative_strength": -46.619416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.998722, "energy": 90.59637, "activity_lines": [ 10.248, 11.244727, 12.786571, 13.627957 ] }, { "date": "2024-10-25", "close": 9.12, "volume": 882792, "typical_volume": 908881.6, "trend": 14.360667, "fair_value": 18.32109, "relative_strength": -49.311181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.968692, "energy": 92.088134, "activity_lines": [ 9.742, 10.705818, 12.337524, 13.269806 ] }, { "date": "2024-11-01", "close": 6.89, "volume": 2433464, "typical_volume": 1000529.3, "trend": 14.005667, "fair_value": 18.223205, "relative_strength": -60.501803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.919316, "energy": 96.666855, "activity_lines": [ 8.692, 9.849091, 11.705286, 12.787828 ] }, { "date": "2024-11-08", "close": 7.23, "volume": 2152545, "typical_volume": 1076400.35, "trend": 13.715333, "fair_value": 18.12859, "relative_strength": -59.808408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.109659, "energy": 94.040684, "activity_lines": [ 8.054, 9.185273, 11.146667, 12.350688 ] }, { "date": "2024-11-15", "close": 6.6, "volume": 1570537, "typical_volume": 1096643.05, "trend": 13.415, "fair_value": 18.027115, "relative_strength": -61.89648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.207541, "energy": 93.667867, "activity_lines": [ 7.378, 8.536182, 10.568048, 11.891634 ] }, { "date": "2024-11-22", "close": 6.62, "volume": 1934409, "typical_volume": 1163206.15, "trend": 13.109667, "fair_value": 17.931282, "relative_strength": -61.768325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.185206, "energy": 90.557796, "activity_lines": [ 6.939333, 8.002, 10.035905, 11.453247 ] }, { "date": "2024-11-29", "close": 6.86, "volume": 1765473, "typical_volume": 1208261.75, "trend": 12.827667, "fair_value": 17.831346, "relative_strength": -60.170365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.271502, "energy": 83.07247, "activity_lines": [ 6.795333, 7.619273, 9.562952, 11.050043 ] }, { "date": "2024-12-06", "close": 6.49, "volume": 1465931, "typical_volume": 1225553.55, "trend": 12.509333, "fair_value": 17.733846, "relative_strength": -61.962622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.257436, "energy": 69.267684, "activity_lines": [ 6.678667, 7.264727, 9.097905, 10.641161 ] }, { "date": "2024-12-13", "close": 6.55, "volume": 1845262, "typical_volume": 1276633.9, "trend": 12.165667, "fair_value": 17.644808, "relative_strength": -60.631029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.107365, "energy": 67.418754, "activity_lines": [ 6.608667, 7.009818, 8.685476, 10.256688 ] }, { "date": "2024-12-20", "close": 5.69, "volume": 2169519, "typical_volume": 1340774.65, "trend": 11.820667, "fair_value": 17.56141, "relative_strength": -64.3518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.306037, "energy": 70.819399, "activity_lines": [ 6.297333, 6.657818, 8.238524, 9.838903 ] }, { "date": "2024-12-27", "close": 6.21, "volume": 1896564, "typical_volume": 1390802.0, "trend": 11.498667, "fair_value": 17.474679, "relative_strength": -60.466054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.53768, "energy": 65.980574, "activity_lines": [ 6.22, 6.479818, 7.892619, 9.476925 ] }, { "date": "2025-01-03", "close": 5.97, "volume": 1462535, "typical_volume": 1435485.1, "trend": 11.189333, "fair_value": 17.376795, "relative_strength": -60.983541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.274648, "energy": 66.909687, "activity_lines": [ 6.09, 6.324182, 7.560714, 9.120237 ] }, { "date": "2025-01-10", "close": 5.37, "volume": 852891, "typical_volume": 1448788.8, "trend": 10.85, "fair_value": 17.280641, "relative_strength": -63.428854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.815508, "energy": 69.729623, "activity_lines": [ 5.819333, 6.116727, 7.209619, 8.744796 ] }, { "date": "2025-01-17", "close": 5.85, "volume": 953178, "typical_volume": 1471327.55, "trend": 10.524, "fair_value": 17.196795, "relative_strength": -60.525801, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.16885, "energy": 63.583526, "activity_lines": [ 5.783333, 6.024182, 6.94581, 8.422215 ] }, { "date": "2025-01-24", "close": 5.52, "volume": 842348, "typical_volume": 1495490.7, "trend": 10.176, "fair_value": 17.114359, "relative_strength": -62.549659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.010901, "energy": 64.82333, "activity_lines": [ 5.684, 5.896727, 6.691, 8.099376 ] }, { "date": "2025-01-31", "close": 5.17, "volume": 1135116, "typical_volume": 1523009.0, "trend": 9.873333, "fair_value": 17.040577, "relative_strength": -63.737986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.78394, "energy": 68.411514, "activity_lines": [ 5.479333, 5.725273, 6.437143, 7.776409 ] }, { "date": "2025-02-07", "close": 4.33, "volume": 1971243, "typical_volume": 1504988.65, "trend": 9.487, "fair_value": 16.975897, "relative_strength": -68.806859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.981926, "energy": 73.35176, "activity_lines": [ 5.064, 5.427455, 6.138429, 7.418774 ] }, { "date": "2025-02-14", "close": 4.27, "volume": 1301134, "typical_volume": 1514457.0, "trend": 9.084667, "fair_value": 16.900321, "relative_strength": -68.90697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.596475, "energy": 87.823647, "activity_lines": [ 4.738, 5.164727, 5.871048, 7.082194 ] }, { "date": "2025-02-21", "close": 4.22, "volume": 1411761, "typical_volume": 1527223.0, "trend": 8.675333, "fair_value": 16.8175, "relative_strength": -67.96702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.07854, "energy": 88.747243, "activity_lines": [ 4.468667, 4.933273, 5.632714, 6.768344 ] }, { "date": "2025-02-28", "close": 5.62, "volume": 4634407, "typical_volume": 1683318.45, "trend": 8.312333, "fair_value": 16.731346, "relative_strength": -55.94576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.408053, "energy": 64.402707, "activity_lines": [ 4.774667, 4.998727, 5.554333, 6.571226 ] }, { "date": "2025-03-07", "close": 5.35, "volume": 2683777, "typical_volume": 1768244.3, "trend": 8.025667, "fair_value": 16.649808, "relative_strength": -55.779565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.839223, "energy": 53.12041, "activity_lines": [ 4.984, 5.016364, 5.471381, 6.380108 ] }, { "date": "2025-03-14", "close": 5.01, "volume": 2056316, "typical_volume": 1826920.5, "trend": 7.728, "fair_value": 16.562692, "relative_strength": -56.662389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.372456, "energy": 39.292249, "activity_lines": [ 5.068, 4.987818, 5.377429, 6.185548 ] }, { "date": "2025-03-21", "close": 5.01, "volume": 1572804, "typical_volume": 1783887.5, "trend": 7.425, "fair_value": 16.475962, "relative_strength": -55.83438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.064975, "energy": 29.811112, "activity_lines": [ 5.106667, 4.976727, 5.303048, 6.010194 ] }, { "date": "2025-03-28", "close": 4.63, "volume": 1022484, "typical_volume": 1727384.45, "trend": 7.101333, "fair_value": 16.364551, "relative_strength": -57.459972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.208428, "energy": 37.361227, "activity_lines": [ 4.969333, 4.903091, 5.201429, 5.829871 ] }, { "date": "2025-04-04", "close": 4.09, "volume": 1507150, "typical_volume": 1724215.1, "trend": 6.813667, "fair_value": 16.267628, "relative_strength": -57.584884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.550087, "energy": 49.583185, "activity_lines": [ 4.624667, 4.753455, 5.060762, 5.635591 ] }, { "date": "2025-04-11", "close": 3.8, "volume": 1647270, "typical_volume": 1709858.15, "trend": 6.522, "fair_value": 16.166667, "relative_strength": -61.764292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.614092, "energy": 56.937566, "activity_lines": [ 4.285333, 4.577091, 4.904429, 5.441161 ] }, { "date": "2025-04-18", "close": 3.78, "volume": 637502, "typical_volume": 1653459.6, "trend": 6.244333, "fair_value": 16.069936, "relative_strength": -60.409312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.16509, "energy": 70.309531, "activity_lines": [ 4.042667, 4.422, 4.759619, 5.264258 ] }, { "date": "2025-04-25", "close": 3.94, "volume": 799367, "typical_volume": 1620131.4, "trend": 5.996667, "fair_value": 15.968846, "relative_strength": -59.506679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.983406, "energy": 68.818297, "activity_lines": [ 3.935333, 4.306, 4.644714, 5.115591 ] }, { "date": "2025-05-02", "close": 4.38, "volume": 1620255, "typical_volume": 1608881.05, "trend": 5.815667, "fair_value": 15.877244, "relative_strength": -55.161324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.964773, "energy": 47.922442, "activity_lines": [ 4.046, 4.276, 4.583857, 5.01129 ] }, { "date": "2025-05-09", "close": 4.53, "volume": 2286007, "typical_volume": 1614705.45, "trend": 5.631333, "fair_value": 15.797115, "relative_strength": -52.191447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.7883, "energy": 38.349356, "activity_lines": [ 4.223333, 4.270364, 4.547619, 4.928344 ] }, { "date": "2025-05-16", "close": 5.3, "volume": 2778479, "typical_volume": 1658801.2, "trend": 5.48, "fair_value": 15.711795, "relative_strength": -45.417453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.567165, "energy": 13.435406, "activity_lines": [ 4.628, 4.424545, 4.590238, 4.906968 ] }, { "date": "2025-05-23", "close": 4.75, "volume": 889241, "typical_volume": 1630136.5, "trend": 5.334333, "fair_value": 15.613013, "relative_strength": -48.443174, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.445348, "energy": 19.276125, "activity_lines": [ 4.749333, 4.479636, 4.58481, 4.859871 ] }, { "date": "2025-05-30", "close": 5.02, "volume": 676256, "typical_volume": 1621304.75, "trend": 5.272, "fair_value": 15.506795, "relative_strength": -45.003214, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.080623, "energy": 18.895036, "activity_lines": [ 4.896, 4.588545, 4.610905, 4.839591 ] }, { "date": "2025-06-06", "close": 5.65, "volume": 1233224, "typical_volume": 1635307.05, "trend": 5.219333, "fair_value": 15.411795, "relative_strength": -37.598315, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.460412, "energy": 24.708619, "activity_lines": [ 5.180667, 4.811818, 4.698667, 4.863978 ] }, { "date": "2025-06-13", "close": 5.68, "volume": 1142950, "typical_volume": 1650337.15, "trend": 5.188667, "fair_value": 15.346731, "relative_strength": -35.440227, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.530292, "energy": 40.932448, "activity_lines": [ 5.390667, 5.022, 4.790238, 4.893699 ] }, { "date": "2025-06-20", "close": 6.11, "volume": 1030580, "typical_volume": 1645110.35, "trend": 5.171667, "fair_value": 15.275385, "relative_strength": -28.698884, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.554883, "energy": 56.129086, "activity_lines": [ 5.667333, 5.281455, 4.922, 4.95314 ] }, { "date": "2025-06-27", "close": 6.6, "volume": 5250839, "typical_volume": 1809090.15, "trend": 5.163, "fair_value": 15.206282, "relative_strength": -23.634022, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.276564, "energy": 70.076919, "activity_lines": [ 6.053333, 5.588, 5.095952, 5.04529 ] }, { "date": "2025-07-04", "close": 7.97, "volume": 1928984, "typical_volume": 1840482.65, "trend": 5.212333, "fair_value": 15.148526, "relative_strength": -7.64396, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 93.559696, "energy": 92.723647, "activity_lines": [ 6.772667, 6.092364, 5.389571, 5.226387 ] }, { "date": "2025-07-11", "close": 7.29, "volume": 2086132, "typical_volume": 1874201.2, "trend": 5.237, "fair_value": 15.08859, "relative_strength": -13.223853, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.672684, "energy": 86.663359, "activity_lines": [ 7.068667, 6.399818, 5.60081, 5.36043 ] }, { "date": "2025-07-18", "close": 6.73, "volume": 1389154, "typical_volume": 1711938.55, "trend": 5.271667, "fair_value": 15.015769, "relative_strength": -18.126703, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.437476, "energy": 80.287156, "activity_lines": [ 7.068667, 6.552545, 5.744095, 5.456753 ] }, { "date": "2025-07-25", "close": 7.83, "volume": 1574489, "typical_volume": 1656474.15, "trend": 5.325667, "fair_value": 14.945321, "relative_strength": -3.563867, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.631994, "energy": 81.103717, "activity_lines": [ 7.365333, 6.865273, 5.986857, 5.621806 ] }, { "date": "2025-08-01", "close": 7.37, "volume": 2793692, "typical_volume": 1693342.95, "trend": 5.372333, "fair_value": 14.873974, "relative_strength": -4.16208, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.700744, "energy": 53.894666, "activity_lines": [ 7.394, 7.048364, 6.174, 5.753699 ] }, { "date": "2025-08-08", "close": 7.8, "volume": 1977422, "typical_volume": 1713573.85, "trend": 5.453333, "fair_value": 14.786218, "relative_strength": 1.211998, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.698165, "energy": 52.341388, "activity_lines": [ 7.514667, 7.262, 6.390857, 5.910323 ] }, { "date": "2025-08-15", "close": 7.86, "volume": 1216896, "typical_volume": 1723294.45, "trend": 5.520333, "fair_value": 14.703654, "relative_strength": 3.17106, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.05932, "energy": 52.64058, "activity_lines": [ 7.666667, 7.436, 6.600143, 6.065591 ] }, { "date": "2025-08-22", "close": 8.51, "volume": 1199715, "typical_volume": 1707922.7, "trend": 5.62, "fair_value": 14.627564, "relative_strength": 13.63233, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.753051, "energy": 56.024087, "activity_lines": [ 7.997333, 7.688, 6.855952, 6.258473 ] }, { "date": "2025-08-29", "close": 8.3, "volume": 925477, "typical_volume": 1671833.05, "trend": 5.724333, "fair_value": 14.558013, "relative_strength": 13.292558, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.798492, "energy": 53.858545, "activity_lines": [ 8.139333, 7.850364, 7.070714, 6.431376 ] }, { "date": "2025-09-05", "close": 8.06, "volume": 779004, "typical_volume": 1678908.15, "trend": 5.848667, "fair_value": 14.489103, "relative_strength": 11.798499, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.354244, "energy": 50.492409, "activity_lines": [ 8.17, 7.929273, 7.24119, 6.582065 ] }, { "date": "2025-09-12", "close": 8.13, "volume": 681383, "typical_volume": 1673008.95, "trend": 5.977333, "fair_value": 14.425064, "relative_strength": 13.023348, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.502821, "energy": 48.421318, "activity_lines": [ 8.178, 7.994364, 7.397952, 6.729247 ] }, { "date": "2025-09-19", "close": 8.45, "volume": 1065956, "typical_volume": 1645294.0, "trend": 6.118333, "fair_value": 14.366538, "relative_strength": 17.864212, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.309406, "energy": 46.813699, "activity_lines": [ 8.270667, 8.114727, 7.565238, 6.888774 ] }, { "date": "2025-09-26", "close": 7.53, "volume": 1160323, "typical_volume": 1589009.8, "trend": 6.182, "fair_value": 14.306154, "relative_strength": 6.998564, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.803415, "energy": 32.586826, "activity_lines": [ 8.017333, 8.046727, 7.625524, 6.979849 ] }, { "date": "2025-10-03", "close": 7.6, "volume": 881842, "typical_volume": 1494177.95, "trend": 6.257, "fair_value": 14.249231, "relative_strength": 7.966697, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.675974, "energy": 27.442533, "activity_lines": [ 7.852667, 7.976909, 7.67819, 7.071333 ] }, { "date": "2025-10-10", "close": 6.41, "volume": 706392, "typical_volume": 1485035.5, "trend": 6.303667, "fair_value": 14.180897, "relative_strength": -5.339455, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.677576, "energy": 14.590795, "activity_lines": [ 7.338, 7.694909, 7.606571, 7.081204 ] }, { "date": "2025-10-17", "close": 6.59, "volume": 942286, "typical_volume": 1498337.0, "trend": 6.356333, "fair_value": 14.100577, "relative_strength": -3.067309, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.102401, "energy": 18.135497, "activity_lines": [ 6.993333, 7.463091, 7.54419, 7.099677 ] }, { "date": "2025-10-24", "close": 7.39, "volume": 826997, "typical_volume": 1478025.65, "trend": 6.448333, "fair_value": 14.016154, "relative_strength": 7.653362, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.095779, "energy": 19.723797, "activity_lines": [ 7.018, 7.398727, 7.550524, 7.166366 ] }, { "date": "2025-10-31", "close": 6.81, "volume": 1012863, "typical_volume": 1471521.3, "trend": 6.539, "fair_value": 13.90609, "relative_strength": -1.077323, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.488964, "energy": 20.798873, "activity_lines": [ 6.92, 7.237455, 7.493333, 7.189699 ] }, { "date": "2025-11-07", "close": 6.17, "volume": 1055692, "typical_volume": 1472776.9, "trend": 6.618, "fair_value": 13.788718, "relative_strength": -8.362369, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -15.769388, "energy": 36.111276, "activity_lines": [ 6.656667, 6.990727, 7.36981, 7.165892 ] }, { "date": "2025-11-14", "close": 5.72, "volume": 870559, "typical_volume": 1253762.9, "trend": 6.682667, "fair_value": 13.669038, "relative_strength": -14.694541, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.826192, "energy": 55.653846, "activity_lines": [ 6.338667, 6.700909, 7.203143, 7.107957 ] }, { "date": "2025-11-21", "close": 5.55, "volume": 816553, "typical_volume": 1198141.35, "trend": 6.736333, "fair_value": 13.5475, "relative_strength": -15.146978, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.558863, "energy": 68.86177, "activity_lines": [ 6.01, 6.422727, 7.024476, 7.034882 ] }, { "date": "2025-11-28", "close": 5.71, "volume": 554012, "typical_volume": 1121535.35, "trend": 6.780667, "fair_value": 13.429167, "relative_strength": -15.292743, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.926521, "energy": 69.287984, "activity_lines": [ 5.804, 6.220545, 6.872571, 6.968667 ] }, { "date": "2025-12-05", "close": 5.87, "volume": 664550, "typical_volume": 1085305.15, "trend": 6.825333, "fair_value": 13.322179, "relative_strength": -12.829506, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.458037, "energy": 66.624184, "activity_lines": [ 5.763333, 6.097273, 6.743429, 6.909914 ] }, { "date": "2025-12-12", "close": 5.96, "volume": 654897, "typical_volume": 1039325.55, "trend": 6.847333, "fair_value": 13.221667, "relative_strength": -10.592408, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.340786, "energy": 55.06311, "activity_lines": [ 5.815333, 6.020545, 6.626952, 6.854086 ] }, { "date": "2025-12-19", "close": 5.77, "volume": 757582, "typical_volume": 937520.05, "trend": 6.881333, "fair_value": 13.122308, "relative_strength": -13.332902, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.106887, "energy": 47.831871, "activity_lines": [ 5.818, 5.939091, 6.501286, 6.784581 ] }, { "date": "2025-12-26", "close": 5.69, "volume": 487170, "typical_volume": 863007.45, "trend": 6.903667, "fair_value": 13.020577, "relative_strength": -15.352477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.394105, "energy": 46.791228, "activity_lines": [ 5.790667, 5.854727, 6.375619, 6.70772 ] }, { "date": "2026-01-02", "close": 5.97, "volume": 680764, "typical_volume": 836200.85, "trend": 6.914333, "fair_value": 12.914551, "relative_strength": -9.998492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.409616, "energy": 37.075441, "activity_lines": [ 5.847333, 5.837636, 6.286667, 6.647484 ] }, { "date": "2026-01-09", "close": 6.09, "volume": 538315, "typical_volume": 803130.85, "trend": 6.928, "fair_value": 12.805833, "relative_strength": -9.526463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.081806, "energy": 35.243459, "activity_lines": [ 5.926667, 5.868182, 6.218143, 6.594301 ] }, { "date": "2026-01-16", "close": 6.2, "volume": 812565, "typical_volume": 797485.25, "trend": 6.931, "fair_value": 12.701923, "relative_strength": -7.398723, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.52425, "energy": 28.514483, "activity_lines": [ 6.028, 5.931818, 6.171619, 6.547333 ] }, { "date": "2026-01-23", "close": 6.26, "volume": 520522, "typical_volume": 784561.15, "trend": 6.919667, "fair_value": 12.588013, "relative_strength": -6.153718, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.656272, "energy": 21.408841, "activity_lines": [ 6.133333, 6.005818, 6.14081, 6.504043 ] }, { "date": "2026-01-30", "close": 6.58, "volume": 819615, "typical_volume": 791472.75, "trend": 6.873333, "fair_value": 12.477949, "relative_strength": -1.906482, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.939685, "energy": 19.594855, "activity_lines": [ 6.312667, 6.128182, 6.149048, 6.482129 ] }, { "date": "2026-02-06", "close": 8.47, "volume": 1644959, "typical_volume": 820422.9, "trend": 6.912667, "fair_value": 12.384295, "relative_strength": 25.280312, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.27638, "energy": 46.53056, "activity_lines": [ 7.062667, 6.575455, 6.344667, 6.58514 ] }, { "date": "2026-02-13", "close": 8.82, "volume": 1300700, "typical_volume": 827441.75, "trend": 6.982333, "fair_value": 12.287692, "relative_strength": 30.652596, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.023858, "energy": 74.970208, "activity_lines": [ 7.762667, 7.036182, 6.573524, 6.708194 ] }, { "date": "2026-02-20", "close": 8.47, "volume": 436004, "typical_volume": 805149.85, "trend": 7.003667, "fair_value": 12.193141, "relative_strength": 22.837148, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.394902, "energy": 75.561016, "activity_lines": [ 8.164, 7.379636, 6.762905, 6.804172 ] }, { "date": "2026-02-27", "close": 7.89, "volume": 736889, "typical_volume": 806674.7, "trend": 7.021, "fair_value": 12.112756, "relative_strength": 14.57371, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.016179, "energy": 73.639637, "activity_lines": [ 8.220667, 7.572, 6.892905, 6.861355 ] }, { "date": "2026-03-06", "close": 7.49, "volume": 632671, "typical_volume": 791193.95, "trend": 7.010667, "fair_value": 12.040513, "relative_strength": 10.597805, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.218581, "energy": 60.004346, "activity_lines": [ 8.035333, 7.653091, 6.977762, 6.891613 ] }, { "date": "2026-03-13", "close": 5.79, "volume": 2383193, "typical_volume": 869003.75, "trend": 6.941667, "fair_value": 11.966538, "relative_strength": -13.158269, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -10.223749, "energy": 11.471271, "activity_lines": [ 7.222667, 7.392364, 6.896429, 6.81286 ] }, { "date": "2026-03-20", "close": 5.49, "volume": 1519275, "typical_volume": 894324.35, "trend": 6.841, "fair_value": 11.888013, "relative_strength": -16.065072, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.871459, "energy": 30.264087, "activity_lines": [ 6.488667, 7.080364, 6.794143, 6.719204 ] }, { "date": "2026-03-27", "close": 4.84, "volume": 1231150, "typical_volume": 903097.25, "trend": 6.725667, "fair_value": 11.799167, "relative_strength": -24.198012, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -57.440769, "energy": 49.632798, "activity_lines": [ 5.76, 6.661091, 6.636238, 6.590108 ] }, { "date": "2026-04-03", "close": 4.82, "volume": 1048196, "typical_volume": 911979.1, "trend": 6.617667, "fair_value": 11.717308, "relative_strength": -26.896626, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.684247, "energy": 56.961734, "activity_lines": [ 5.266667, 6.262909, 6.482762, 6.467161 ] }, { "date": "2026-04-10", "close": 5.66, "volume": 1564087, "typical_volume": 949355.8, "trend": 6.535333, "fair_value": 11.634167, "relative_strength": -17.321012, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -53.273049, "energy": 66.503085, "activity_lines": [ 5.258, 6.043636, 6.413571, 6.405376 ] }, { "date": "2026-04-17", "close": 6.91, "volume": 1129743, "typical_volume": 978142.35, "trend": 6.484, "fair_value": 11.55891, "relative_strength": -3.875041, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.92486, "energy": 32.357988, "activity_lines": [ 5.788, 6.068364, 6.462905, 6.429548 ] }, { "date": "2026-04-24", "close": 6.52, "volume": 667543, "typical_volume": 978292.0, "trend": 6.450333, "fair_value": 11.48, "relative_strength": -10.10671, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -7.9217, "energy": 10.207004, "activity_lines": [ 6.113333, 6.050545, 6.469381, 6.431871 ] }, { "date": "2026-05-01", "close": 6.84, "volume": 1225237, "typical_volume": 1006809.0, "trend": 6.425, "fair_value": 11.419103, "relative_strength": -6.868078, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.348583, "energy": 16.797318, "activity_lines": [ 6.476667, 6.132727, 6.503238, 6.457011 ] }, { "date": "2026-05-08", "close": 7.64, "volume": 1049445, "typical_volume": 1021402.15, "trend": 6.466, "fair_value": 11.370256, "relative_strength": 1.203833, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.468802, "energy": 32.808235, "activity_lines": [ 6.973333, 6.39, 6.609095, 6.535398 ] }, { "date": "2026-05-15", "close": 6.72, "volume": 904900, "typical_volume": 1042288.65, "trend": 6.470333, "fair_value": 11.310897, "relative_strength": -11.181263, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.135972, "energy": 31.660892, "activity_lines": [ 6.975333, 6.484545, 6.618429, 6.551785 ] }, { "date": "2026-05-22", "close": 7.45, "volume": 918067, "typical_volume": 1054153.8, "trend": 6.472333, "fair_value": 11.252821, "relative_strength": -2.69709, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.025354, "energy": 45.347592, "activity_lines": [ 7.15, 6.725818, 6.692381, 6.614989 ] }, { "date": "2026-05-29", "close": 7.47, "volume": 704058, "typical_volume": 1062440.95, "trend": 6.494333, "fair_value": 11.188526, "relative_strength": -4.060262, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.077032, "energy": 50.751367, "activity_lines": [ 7.295333, 6.940545, 6.76119, 6.679355 ] }, { "date": "2026-06-05", "close": 7.09, "volume": 570402, "typical_volume": 1050332.8, "trend": 6.525, "fair_value": 11.118013, "relative_strength": -6.616606, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.137715, "energy": 31.874582, "activity_lines": [ 7.250667, 7.050182, 6.787238, 6.717785 ] }, { "date": "2026-06-12", "close": 7.67, "volume": 886385, "typical_volume": 1068625.95, "trend": 6.59, "fair_value": 11.053269, "relative_strength": 0.316261, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.532803, "energy": 45.435686, "activity_lines": [ 7.382667, 7.224364, 6.864286, 6.791656 ] }, { "date": "2026-06-19", "close": 7.6, "volume": 767555, "typical_volume": 1066022.95, "trend": 6.658333, "fair_value": 10.992051, "relative_strength": -1.474692, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.129116, "energy": 44.044216, "activity_lines": [ 7.489333, 7.334, 6.927952, 6.856817 ] }, { "date": "2026-06-26", "close": 7.34, "volume": 4670964, "typical_volume": 1217323.2, "trend": 6.712667, "fair_value": 10.918269, "relative_strength": -2.386072, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.196232, "energy": 31.684477, "activity_lines": [ 7.450667, 7.361091, 6.962, 6.900796 ] }, { "date": "2026-07-03", "close": 6.93, "volume": 856715, "typical_volume": 1195123.95, "trend": 6.748, "fair_value": 10.842692, "relative_strength": -9.18619, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.825233, "energy": 22.800988, "activity_lines": [ 7.282667, 7.305818, 6.962381, 6.914817 ] }, { "date": "2026-07-10", "close": 7.16, "volume": 1034247, "typical_volume": 1225036.1, "trend": 6.788, "fair_value": 10.765641, "relative_strength": -7.028686, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.795551, "energy": 17.349231, "activity_lines": [ 7.227333, 7.284909, 6.993667, 6.941398 ] }, { "date": "2026-07-17", "close": 6.96, "volume": 743276, "typical_volume": 1225355.45, "trend": 6.827667, "fair_value": 10.682244, "relative_strength": -7.951388, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.086414, "energy": 17.047334, "activity_lines": [ 7.100667, 7.221818, 7.012143, 6.952495 ] }, { "date": "2026-07-24", "close": 7.39, "volume": 693196, "typical_volume": 1228381.7, "trend": 6.884333, "fair_value": 10.601795, "relative_strength": -1.235033, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.732247, "energy": 17.489507, "activity_lines": [ 7.164667, 7.249273, 7.076, 6.988774 ] }, { "date": "2026-07-31", "close": 6.91, "volume": 1064590, "typical_volume": 1162451.55, "trend": 6.915667, "fair_value": 10.492564, "relative_strength": -8.174418, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.008305, "energy": 12.232467, "activity_lines": [ 7.082667, 7.177273, 7.094619, 6.99043 ] }, { "date": "2026-08-07", "close": 7.46, "volume": 642126, "typical_volume": 1118594.1, "trend": 6.961333, "fair_value": 10.395064, "relative_strength": -3.726731, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.311722, "energy": 17.50759, "activity_lines": [ 7.212667, 7.215091, 7.160286, 7.025548 ] } ], "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." } } }