{ "ticker": { "uuid": "f0f73190-340b-4104-a504-11860d3738a3", "symbol": "ASN", "name": "ASN Broker 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 75.068, "architecture_energy": 82.363, "architecture_maturity": 26.0, "architecture_confidence": 78.774, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 7.65, "rotation_up": 82.43, "upward_expansion": 96.79, "deceleration": 39.97, "rotation_down": 9.15, "downward_expansion": 18.79 }, "activity_lines": [ 1.028, 0.961091, 0.862857, 0.820495 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 1.06, "trend_reference": 0.782, "distance_from_trend": 0.355499, "trend_direction": "Weakening", "fair_value": 1.401474, "distance_from_fair_value": -0.243654, "fair_value_direction": "Improving", "relative_strength": 5.054574, "relative_strength_direction": "Improving", "price_momentum": 0.452055, "excess_performance": 0.25973, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.355499, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.006353, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.243654, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.314641, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.050546, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.437449, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.452055, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.150472, "read": "Demand-led" } ], "volume": { "latest": 310800, "relative_activity": 3.24697, "balance": 4.150472, "dry_up": 3.536356, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.103048, "annualized_volatility": 0.376891, "from_high_reference": -0.165354, "from_low_reference": 0.962963 }, "levels": { "trend_reference": 0.782, "fair_value_reference": 1.401474, "structural_low": 0.54, "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": 5, "median_return": -0.043062, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.023154, "regime_survival": 0.4, "best_return": 0.040779, "worst_return": -0.163866, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.252101, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.210161, "regime_survival": 0.0, "best_return": -0.068777, "worst_return": -0.264706, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.205882, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.249678, "regime_survival": 0.333333, "best_return": 0.095557, "worst_return": -0.259091, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.344146, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.26609, "regime_survival": 0.0, "best_return": -0.188292, "worst_return": -0.5, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-12", "end": "2024-07-19", "tenure": "New", "return": -0.012121, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-11-01", "tenure": "Established", "return": 0.151515, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-08", "end": "2024-11-15", "tenure": "New", "return": 0.049383, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-01-24", "tenure": "Developing", "return": -0.231638, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-06-13", "tenure": "Established", "return": -0.214286, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.114035, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": -0.162791, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-09-26", "tenure": "New", "return": 0.019417, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": -0.028846, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-06-05", "tenure": "Extended", "return": -0.239583, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": 0.173333, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": 0.010309, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.009524, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.02, "volume": 87800, "typical_volume": 63145.0, "trend": 2.855656, "fair_value": 3.520416, "relative_strength": -32.905614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.718932, "energy": 90.162261, "activity_lines": [ 2.056, 2.194545, 2.444286, 2.618731 ] }, { "date": "2023-08-25", "close": 2.38, "volume": 228000, "typical_volume": 67650.0, "trend": 2.81929, "fair_value": 3.514136, "relative_strength": -21.910294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.343309, "energy": 63.761434, "activity_lines": [ 2.154667, 2.201091, 2.419714, 2.588044 ] }, { "date": "2023-09-01", "close": 2.28, "volume": 51100, "typical_volume": 68650.0, "trend": 2.779591, "fair_value": 3.507111, "relative_strength": -24.338091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.300979, "energy": 50.968131, "activity_lines": [ 2.206667, 2.197091, 2.389048, 2.553251 ] }, { "date": "2023-09-08", "close": 2.34, "volume": 63600, "typical_volume": 67855.0, "trend": 2.743214, "fair_value": 3.500574, "relative_strength": -20.939465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.045087, "energy": 35.763153, "activity_lines": [ 2.268, 2.212364, 2.367714, 2.52489 ] }, { "date": "2023-09-15", "close": 2.58, "volume": 98600, "typical_volume": 70270.0, "trend": 2.71682, "fair_value": 3.495473, "relative_strength": -11.931983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.098085, "energy": 26.9281, "activity_lines": [ 2.392, 2.277818, 2.372571, 2.51436 ] }, { "date": "2023-09-22", "close": 2.56, "volume": 42300, "typical_volume": 72050.0, "trend": 2.689099, "fair_value": 3.490139, "relative_strength": -10.844278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.612404, "energy": 22.993566, "activity_lines": [ 2.472, 2.338545, 2.37781, 2.504243 ] }, { "date": "2023-09-29", "close": 2.4, "volume": 26100, "typical_volume": 71195.0, "trend": 2.661333, "fair_value": 3.483366, "relative_strength": -12.875326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.416105, "energy": 22.252733, "activity_lines": [ 2.462667, 2.364727, 2.369714, 2.485591 ] }, { "date": "2023-10-06", "close": 2.44, "volume": 13000, "typical_volume": 70070.0, "trend": 2.633333, "fair_value": 3.477367, "relative_strength": -8.722491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.654799, "energy": 17.516521, "activity_lines": [ 2.465333, 2.394182, 2.36781, 2.471312 ] }, { "date": "2023-10-13", "close": 2.22, "volume": 89100, "typical_volume": 69830.0, "trend": 2.604, "fair_value": 3.468197, "relative_strength": -16.929183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.448396, "energy": 14.56208, "activity_lines": [ 2.384, 2.377818, 2.346476, 2.444645 ] }, { "date": "2023-10-20", "close": 2.02, "volume": 134200, "typical_volume": 74745.0, "trend": 2.568, "fair_value": 3.457435, "relative_strength": -20.893621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.817361, "energy": 37.515401, "activity_lines": [ 2.244, 2.322545, 2.308952, 2.406968 ] }, { "date": "2023-10-27", "close": 1.92, "volume": 150300, "typical_volume": 80460.0, "trend": 2.53, "fair_value": 3.448102, "relative_strength": -23.530668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.523886, "energy": 64.945667, "activity_lines": [ 2.108, 2.249091, 2.265714, 2.365161 ] }, { "date": "2023-11-03", "close": 1.91, "volume": 43500, "typical_volume": 76775.0, "trend": 2.490333, "fair_value": 3.438912, "relative_strength": -24.861348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.60161, "energy": 74.574793, "activity_lines": [ 2.011333, 2.175636, 2.22581, 2.325161 ] }, { "date": "2023-11-10", "close": 2.04, "volume": 51500, "typical_volume": 78480.0, "trend": 2.457, "fair_value": 3.427139, "relative_strength": -17.392975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.104194, "energy": 70.102416, "activity_lines": [ 1.990667, 2.134364, 2.202524, 2.296108 ] }, { "date": "2023-11-17", "close": 2.0, "volume": 34000, "typical_volume": 79130.0, "trend": 2.422333, "fair_value": 3.414489, "relative_strength": -20.004557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.829745, "energy": 57.506164, "activity_lines": [ 1.983333, 2.090182, 2.178762, 2.266624 ] }, { "date": "2023-11-24", "close": 2.16, "volume": 12300, "typical_volume": 76035.0, "trend": 2.392333, "fair_value": 3.405866, "relative_strength": -12.07575, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.335997, "energy": 37.569153, "activity_lines": [ 2.044, 2.081273, 2.173571, 2.249699 ] }, { "date": "2023-12-01", "close": 1.93, "volume": 116900, "typical_volume": 71980.0, "trend": 2.358, "fair_value": 3.39463, "relative_strength": -19.952966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.937537, "energy": 33.079802, "activity_lines": [ 2.018667, 2.038182, 2.14819, 2.219871 ] }, { "date": "2023-12-08", "close": 1.94, "volume": 49400, "typical_volume": 70570.0, "trend": 2.326, "fair_value": 3.383459, "relative_strength": -19.087571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.748712, "energy": 32.192246, "activity_lines": [ 1.996, 2.008364, 2.125333, 2.192903 ] }, { "date": "2023-12-15", "close": 1.9, "volume": 133800, "typical_volume": 75805.0, "trend": 2.297333, "fair_value": 3.372341, "relative_strength": -20.860628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.018176, "energy": 33.91155, "activity_lines": [ 1.958, 1.979636, 2.09981, 2.165419 ] }, { "date": "2023-12-22", "close": 1.91, "volume": 117200, "typical_volume": 79680.0, "trend": 2.267, "fair_value": 3.361806, "relative_strength": -20.740531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.381986, "energy": 37.604116, "activity_lines": [ 1.932667, 1.962545, 2.076286, 2.14043 ] }, { "date": "2023-12-29", "close": 1.9, "volume": 133300, "typical_volume": 83800.0, "trend": 2.236333, "fair_value": 3.351413, "relative_strength": -21.260399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.276181, "energy": 42.345577, "activity_lines": [ 1.91, 1.949273, 2.052619, 2.116753 ] }, { "date": "2024-01-05", "close": 1.82, "volume": 356900, "typical_volume": 97255.0, "trend": 2.203, "fair_value": 3.340508, "relative_strength": -24.636627, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.269982, "energy": 46.559113, "activity_lines": [ 1.878, 1.923636, 2.021905, 2.089892 ] }, { "date": "2024-01-12", "close": 1.85, "volume": 1217000, "typical_volume": 146705.0, "trend": 2.171333, "fair_value": 3.32938, "relative_strength": -22.015916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.951913, "energy": 37.310926, "activity_lines": [ 1.863333, 1.905273, 1.995, 2.067118 ] }, { "date": "2024-01-19", "close": 1.83, "volume": 200200, "typical_volume": 154160.0, "trend": 2.141, "fair_value": 3.318021, "relative_strength": -20.524363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.877668, "energy": 37.75462, "activity_lines": [ 1.848, 1.884364, 1.968714, 2.045097 ] }, { "date": "2024-01-26", "close": 1.75, "volume": 170100, "typical_volume": 159485.0, "trend": 2.109333, "fair_value": 3.306149, "relative_strength": -22.498209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.32967, "energy": 44.921582, "activity_lines": [ 1.810667, 1.852727, 1.936952, 2.019871 ] }, { "date": "2024-02-02", "close": 1.83, "volume": 34500, "typical_volume": 156280.0, "trend": 2.086333, "fair_value": 3.295101, "relative_strength": -19.197299, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.660807, "energy": 35.933981, "activity_lines": [ 1.810667, 1.840182, 1.915619, 2.001849 ] }, { "date": "2024-02-09", "close": 1.83, "volume": 102200, "typical_volume": 159275.0, "trend": 2.072, "fair_value": 3.284053, "relative_strength": -18.737104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.075157, "energy": 33.249192, "activity_lines": [ 1.815333, 1.833636, 1.897857, 1.985312 ] }, { "date": "2024-02-16", "close": 1.9, "volume": 70300, "typical_volume": 161485.0, "trend": 2.062667, "fair_value": 3.273039, "relative_strength": -14.82339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.855013, "energy": 26.088985, "activity_lines": [ 1.842667, 1.841636, 1.890238, 1.974215 ] }, { "date": "2024-02-23", "close": 1.79, "volume": 16000, "typical_volume": 161635.0, "trend": 2.051667, "fair_value": 3.261423, "relative_strength": -19.672374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.849199, "energy": 27.860919, "activity_lines": [ 1.83, 1.830364, 1.874524, 1.956624 ] }, { "date": "2024-03-01", "close": 1.9, "volume": 45900, "typical_volume": 159475.0, "trend": 2.045667, "fair_value": 3.250202, "relative_strength": -12.160794, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.665149, "energy": 20.428416, "activity_lines": [ 1.856667, 1.841091, 1.872381, 1.946839 ] }, { "date": "2024-03-08", "close": 1.8, "volume": 30100, "typical_volume": 154270.0, "trend": 2.038333, "fair_value": 3.234715, "relative_strength": -17.166914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.68494, "energy": 22.444467, "activity_lines": [ 1.84, 1.833818, 1.862238, 1.930989 ] }, { "date": "2024-03-15", "close": 1.98, "volume": 101000, "typical_volume": 151805.0, "trend": 2.037, "fair_value": 3.220132, "relative_strength": -8.234892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.518304, "energy": 11.590648, "activity_lines": [ 1.885333, 1.861091, 1.870286, 1.927226 ] }, { "date": "2024-03-22", "close": 1.99, "volume": 30200, "typical_volume": 151140.0, "trend": 2.024, "fair_value": 3.206734, "relative_strength": -6.854741, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.844596, "energy": 9.202604, "activity_lines": [ 1.924, 1.887273, 1.879, 1.924194 ] }, { "date": "2024-03-29", "close": 2.02, "volume": 355700, "typical_volume": 166350.0, "trend": 2.015333, "fair_value": 3.193653, "relative_strength": -4.721839, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.432939, "energy": 10.374167, "activity_lines": [ 1.966667, 1.916364, 1.89019, 1.923935 ] }, { "date": "2024-04-05", "close": 2.08, "volume": 140900, "typical_volume": 171695.0, "trend": 2.006667, "fair_value": 3.180583, "relative_strength": -1.163149, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.060427, "energy": 19.679261, "activity_lines": [ 2.014, 1.952909, 1.90719, 1.928108 ] }, { "date": "2024-04-12", "close": 2.16, "volume": 57800, "typical_volume": 173970.0, "trend": 1.992667, "fair_value": 3.16952, "relative_strength": 1.571444, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.655085, "energy": 37.921288, "activity_lines": [ 2.076, 1.998, 1.931429, 1.938 ] }, { "date": "2024-04-19", "close": 2.1, "volume": 3300, "typical_volume": 168290.0, "trend": 1.977333, "fair_value": 3.156828, "relative_strength": 4.008295, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.218877, "energy": 43.096884, "activity_lines": [ 2.094, 2.026182, 1.949952, 1.944925 ] }, { "date": "2024-04-26", "close": 2.1, "volume": 56300, "typical_volume": 168635.0, "trend": 1.967333, "fair_value": 3.14401, "relative_strength": 2.471666, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.380721, "energy": 40.755783, "activity_lines": [ 2.104, 2.049455, 1.967667, 1.952839 ] }, { "date": "2024-05-03", "close": 2.08, "volume": 69000, "typical_volume": 165395.0, "trend": 1.955333, "fair_value": 3.131065, "relative_strength": 1.289063, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.809215, "energy": 42.076619, "activity_lines": [ 2.1, 2.065455, 1.982714, 1.960108 ] }, { "date": "2024-05-10", "close": 2.04, "volume": 14100, "typical_volume": 160240.0, "trend": 1.949333, "fair_value": 3.119482, "relative_strength": -0.328582, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.323808, "energy": 26.859969, "activity_lines": [ 2.078667, 2.068909, 1.993095, 1.96557 ] }, { "date": "2024-05-17", "close": 1.99, "volume": 73500, "typical_volume": 157250.0, "trend": 1.948333, "fair_value": 3.107703, "relative_strength": -3.051317, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.858861, "energy": 18.064192, "activity_lines": [ 2.043333, 2.060727, 1.998095, 1.968194 ] }, { "date": "2024-05-24", "close": 1.98, "volume": 4700, "typical_volume": 139640.0, "trend": 1.950333, "fair_value": 3.096109, "relative_strength": -1.754198, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.371995, "energy": 15.413764, "activity_lines": [ 2.016, 2.047273, 2.001714, 1.970237 ] }, { "date": "2024-05-31", "close": 1.87, "volume": 79600, "typical_volume": 82770.0, "trend": 1.949, "fair_value": 3.082939, "relative_strength": -5.357574, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.511971, "energy": 13.052982, "activity_lines": [ 1.96, 2.013818, 1.994095, 1.965054 ] }, { "date": "2024-06-07", "close": 1.86, "volume": 17400, "typical_volume": 73630.0, "trend": 1.943, "fair_value": 3.069579, "relative_strength": -4.428182, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.571792, "energy": 17.578661, "activity_lines": [ 1.916, 1.980727, 1.985429, 1.959312 ] }, { "date": "2024-06-14", "close": 1.82, "volume": 11300, "typical_volume": 65690.0, "trend": 1.937, "fair_value": 3.055964, "relative_strength": -4.10122, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.060132, "energy": 27.957346, "activity_lines": [ 1.873333, 1.943273, 1.97281, 1.951376 ] }, { "date": "2024-06-21", "close": 1.89, "volume": 15100, "typical_volume": 64720.0, "trend": 1.928, "fair_value": 3.04317, "relative_strength": 0.09326, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.850075, "energy": 26.935597, "activity_lines": [ 1.868667, 1.923273, 1.966524, 1.948344 ] }, { "date": "2024-06-28", "close": 1.94, "volume": 15800, "typical_volume": 60400.0, "trend": 1.928333, "fair_value": 3.030822, "relative_strength": 3.592136, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.495468, "energy": 28.395663, "activity_lines": [ 1.887333, 1.917273, 1.964714, 1.949118 ] }, { "date": "2024-07-05", "close": 1.8, "volume": 160500, "typical_volume": 64910.0, "trend": 1.923667, "fair_value": 3.018074, "relative_strength": -4.284078, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.966448, "energy": 31.530948, "activity_lines": [ 1.862, 1.888727, 1.949048, 1.940839 ] }, { "date": "2024-07-12", "close": 1.65, "volume": 428700, "typical_volume": 85545.0, "trend": 1.915333, "fair_value": 3.003991, "relative_strength": -13.29003, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.308824, "energy": 43.861824, "activity_lines": [ 1.791333, 1.838364, 1.919571, 1.923183 ] }, { "date": "2024-07-19", "close": 1.63, "volume": 61400, "typical_volume": 86320.0, "trend": 1.906, "fair_value": 2.990029, "relative_strength": -13.152251, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.613549, "energy": 66.396991, "activity_lines": [ 1.728, 1.792182, 1.888857, 1.904774 ] }, { "date": "2024-07-26", "close": 1.65, "volume": 106500, "typical_volume": 90140.0, "trend": 1.897667, "fair_value": 2.97769, "relative_strength": -11.285344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.44816, "energy": 70.334592, "activity_lines": [ 1.684, 1.757091, 1.861333, 1.888258 ] }, { "date": "2024-08-02", "close": 1.6, "volume": 3500, "typical_volume": 85265.0, "trend": 1.890333, "fair_value": 2.965778, "relative_strength": -14.195225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.050696, "energy": 75.553322, "activity_lines": [ 1.639333, 1.719091, 1.829762, 1.869054 ] }, { "date": "2024-08-09", "close": 1.5, "volume": 50700, "typical_volume": 86290.0, "trend": 1.878667, "fair_value": 2.953598, "relative_strength": -18.38898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.45744, "energy": 80.958012, "activity_lines": [ 1.584, 1.669818, 1.790476, 1.843871 ] }, { "date": "2024-08-16", "close": 1.49, "volume": 41100, "typical_volume": 70560.0, "trend": 1.867333, "fair_value": 2.941728, "relative_strength": -19.097556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.512525, "energy": 81.298673, "activity_lines": [ 1.545333, 1.625455, 1.752571, 1.818796 ] }, { "date": "2024-08-23", "close": 1.48, "volume": 69100, "typical_volume": 66970.0, "trend": 1.858333, "fair_value": 2.928797, "relative_strength": -22.258933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.549172, "energy": 80.37227, "activity_lines": [ 1.514, 1.586, 1.716238, 1.793806 ] }, { "date": "2024-08-30", "close": 1.56, "volume": 123800, "typical_volume": 70270.0, "trend": 1.849333, "fair_value": 2.916504, "relative_strength": -17.959306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.964418, "energy": 69.381851, "activity_lines": [ 1.519333, 1.567273, 1.690381, 1.774559 ] }, { "date": "2024-09-06", "close": 1.48, "volume": 142000, "typical_volume": 77205.0, "trend": 1.837667, "fair_value": 2.903573, "relative_strength": -25.417169, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.905348, "energy": 57.132428, "activity_lines": [ 1.504, 1.54, 1.659762, 1.750731 ] }, { "date": "2024-09-13", "close": 1.51, "volume": 17800, "typical_volume": 75280.0, "trend": 1.824667, "fair_value": 2.890461, "relative_strength": -23.079341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.481122, "energy": 54.127425, "activity_lines": [ 1.506667, 1.526545, 1.634952, 1.729591 ] }, { "date": "2024-09-20", "close": 1.61, "volume": 134800, "typical_volume": 78570.0, "trend": 1.818667, "fair_value": 2.87799, "relative_strength": -18.879798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.706868, "energy": 41.230403, "activity_lines": [ 1.542, 1.536545, 1.622476, 1.715742 ] }, { "date": "2024-09-27", "close": 1.57, "volume": 194000, "typical_volume": 87565.0, "trend": 1.807667, "fair_value": 2.866259, "relative_strength": -20.195583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.403713, "energy": 36.631034, "activity_lines": [ 1.556, 1.54, 1.608429, 1.699699 ] }, { "date": "2024-10-04", "close": 1.51, "volume": 55000, "typical_volume": 86640.0, "trend": 1.798, "fair_value": 2.853769, "relative_strength": -22.214335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.225921, "energy": 37.258943, "activity_lines": [ 1.544, 1.533636, 1.590905, 1.680495 ] }, { "date": "2024-10-11", "close": 1.61, "volume": 159800, "typical_volume": 94395.0, "trend": 1.785667, "fair_value": 2.842294, "relative_strength": -18.010946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.434704, "energy": 26.571975, "activity_lines": [ 1.568667, 1.548, 1.58519, 1.668366 ] }, { "date": "2024-10-18", "close": 1.89, "volume": 2119200, "typical_volume": 196375.0, "trend": 1.782333, "fair_value": 2.832366, "relative_strength": -4.786188, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.932513, "energy": 13.770455, "activity_lines": [ 1.678, 1.613091, 1.607905, 1.675097 ] }, { "date": "2024-10-25", "close": 1.91, "volume": 529500, "typical_volume": 221980.0, "trend": 1.778667, "fair_value": 2.82244, "relative_strength": -1.932559, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.728056, "energy": 25.706294, "activity_lines": [ 1.768667, 1.674727, 1.632429, 1.683333 ] }, { "date": "2024-11-01", "close": 1.9, "volume": 40700, "typical_volume": 223450.0, "trend": 1.772667, "fair_value": 2.812949, "relative_strength": -2.428813, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 29.03023, "energy": 37.440608, "activity_lines": [ 1.836, 1.726909, 1.655762, 1.691161 ] }, { "date": "2024-11-08", "close": 1.62, "volume": 87600, "typical_volume": 227075.0, "trend": 1.754667, "fair_value": 2.801788, "relative_strength": -16.399606, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 11.663881, "energy": 24.61942, "activity_lines": [ 1.788, 1.720545, 1.652048, 1.681312 ] }, { "date": "2024-11-15", "close": 1.7, "volume": 102600, "typical_volume": 231415.0, "trend": 1.741333, "fair_value": 2.791139, "relative_strength": -10.625375, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.99243, "energy": 16.691144, "activity_lines": [ 1.759333, 1.727636, 1.657238, 1.677785 ] }, { "date": "2024-11-22", "close": 1.77, "volume": 30400, "typical_volume": 224910.0, "trend": 1.730333, "fair_value": 2.781063, "relative_strength": -6.743557, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.256223, "energy": 9.531558, "activity_lines": [ 1.748, 1.743455, 1.670238, 1.679634 ] }, { "date": "2024-11-29", "close": 1.67, "volume": 63800, "typical_volume": 206665.0, "trend": 1.716667, "fair_value": 2.770721, "relative_strength": -10.556635, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.209697, "energy": 7.687571, "activity_lines": [ 1.711333, 1.736364, 1.673857, 1.675742 ] }, { "date": "2024-12-06", "close": 1.77, "volume": 2300, "typical_volume": 203710.0, "trend": 1.707667, "fair_value": 2.761143, "relative_strength": -6.539885, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.196407, "energy": 5.03905, "activity_lines": [ 1.724, 1.746364, 1.686905, 1.679183 ] }, { "date": "2024-12-13", "close": 1.75, "volume": 169700, "typical_volume": 206870.0, "trend": 1.699667, "fair_value": 2.751313, "relative_strength": -6.087607, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.669341, "energy": 5.518563, "activity_lines": [ 1.738667, 1.749091, 1.697381, 1.681914 ] }, { "date": "2024-12-20", "close": 1.79, "volume": 144900, "typical_volume": 213940.0, "trend": 1.693333, "fair_value": 2.741615, "relative_strength": 0.817143, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.676321, "energy": 11.583473, "activity_lines": [ 1.758, 1.754727, 1.71119, 1.687742 ] }, { "date": "2024-12-27", "close": 1.73, "volume": 74900, "typical_volume": 215150.0, "trend": 1.688667, "fair_value": 2.731408, "relative_strength": -4.94113, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.214248, "energy": 20.296794, "activity_lines": [ 1.751333, 1.746182, 1.718381, 1.690108 ] }, { "date": "2025-01-03", "close": 1.69, "volume": 19100, "typical_volume": 214050.0, "trend": 1.683, "fair_value": 2.720944, "relative_strength": -5.943758, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.660739, "energy": 16.376639, "activity_lines": [ 1.734, 1.733273, 1.720667, 1.690194 ] }, { "date": "2025-01-10", "close": 1.36, "volume": 433400, "typical_volume": 232265.0, "trend": 1.667667, "fair_value": 2.708241, "relative_strength": -23.022954, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.313807, "energy": 18.329542, "activity_lines": [ 1.605333, 1.664364, 1.690571, 1.669355 ] }, { "date": "2025-01-17", "close": 1.3, "volume": 85400, "typical_volume": 230345.0, "trend": 1.648, "fair_value": 2.694779, "relative_strength": -24.519483, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.846505, "energy": 51.099046, "activity_lines": [ 1.484, 1.594364, 1.655333, 1.645634 ] }, { "date": "2025-01-24", "close": 1.36, "volume": 30700, "typical_volume": 224780.0, "trend": 1.628667, "fair_value": 2.6822, "relative_strength": -21.496702, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.686535, "energy": 66.675185, "activity_lines": [ 1.412667, 1.541091, 1.627048, 1.627054 ] }, { "date": "2025-01-31", "close": 1.4, "volume": 22000, "typical_volume": 224990.0, "trend": 1.615333, "fair_value": 2.668881, "relative_strength": -16.432132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.729475, "energy": 68.083746, "activity_lines": [ 1.383333, 1.501273, 1.603143, 1.612301 ] }, { "date": "2025-02-07", "close": 1.34, "volume": 22300, "typical_volume": 219365.0, "trend": 1.605, "fair_value": 2.655551, "relative_strength": -17.652505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.149472, "energy": 69.061631, "activity_lines": [ 1.356, 1.457273, 1.574048, 1.594538 ] }, { "date": "2025-02-14", "close": 1.15, "volume": 101800, "typical_volume": 214755.0, "trend": 1.589, "fair_value": 2.637515, "relative_strength": -28.266546, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.890927, "energy": 73.733388, "activity_lines": [ 1.288667, 1.384727, 1.528143, 1.565183 ] }, { "date": "2025-02-21", "close": 1.2, "volume": 174500, "typical_volume": 220730.0, "trend": 1.574, "fair_value": 2.620299, "relative_strength": -23.220828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.645619, "energy": 70.079778, "activity_lines": [ 1.252, 1.332545, 1.489, 1.540086 ] }, { "date": "2025-02-28", "close": 1.25, "volume": 13700, "typical_volume": 213425.0, "trend": 1.562333, "fair_value": 2.60278, "relative_strength": -16.750448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.372222, "energy": 66.666254, "activity_lines": [ 1.238667, 1.299455, 1.456095, 1.519183 ] }, { "date": "2025-03-07", "close": 1.19, "volume": 8900, "typical_volume": 107910.0, "trend": 1.552, "fair_value": 2.583709, "relative_strength": -20.25596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.016346, "energy": 64.380964, "activity_lines": [ 1.212667, 1.265273, 1.41919, 1.495161 ] }, { "date": "2025-03-14", "close": 1.13, "volume": 68300, "typical_volume": 84850.0, "trend": 1.54, "fair_value": 2.565142, "relative_strength": -21.889253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.92826, "energy": 57.941351, "activity_lines": [ 1.180667, 1.23, 1.379905, 1.467935 ] }, { "date": "2025-03-21", "close": 1.16, "volume": 64100, "typical_volume": 86020.0, "trend": 1.529333, "fair_value": 2.546768, "relative_strength": -20.106219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.988059, "energy": 47.89116, "activity_lines": [ 1.172667, 1.210364, 1.34719, 1.443419 ] }, { "date": "2025-03-28", "close": 1.0, "volume": 25600, "typical_volume": 82920.0, "trend": 1.510667, "fair_value": 2.526606, "relative_strength": -29.793303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.93856, "energy": 61.014573, "activity_lines": [ 1.110667, 1.165273, 1.302762, 1.409269 ] }, { "date": "2025-04-04", "close": 0.84, "volume": 86300, "typical_volume": 82105.0, "trend": 1.489333, "fair_value": 2.506181, "relative_strength": -37.635536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.429229, "energy": 72.7949, "activity_lines": [ 1.008667, 1.096545, 1.246048, 1.366 ] }, { "date": "2025-04-11", "close": 1.0, "volume": 207300, "typical_volume": 90950.0, "trend": 1.472333, "fair_value": 2.487544, "relative_strength": -25.189291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.465811, "energy": 66.284971, "activity_lines": [ 0.987333, 1.066364, 1.208667, 1.33443 ] }, { "date": "2025-04-18", "close": 1.05, "volume": 2700, "typical_volume": 87895.0, "trend": 1.453667, "fair_value": 2.469101, "relative_strength": -22.130201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.074457, "energy": 66.725274, "activity_lines": [ 0.995333, 1.052545, 1.179714, 1.307183 ] }, { "date": "2025-04-25", "close": 1.04, "volume": 1900, "typical_volume": 87875.0, "trend": 1.436, "fair_value": 2.450339, "relative_strength": -22.585538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.852482, "energy": 49.770027, "activity_lines": [ 1.005333, 1.042182, 1.152762, 1.280495 ] }, { "date": "2025-05-02", "close": 1.09, "volume": 53300, "typical_volume": 82055.0, "trend": 1.422, "fair_value": 2.432406, "relative_strength": -20.768332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.955113, "energy": 38.044207, "activity_lines": [ 1.04, 1.042909, 1.134048, 1.258172 ] }, { "date": "2025-05-09", "close": 1.02, "volume": 138600, "typical_volume": 81740.0, "trend": 1.402333, "fair_value": 2.414152, "relative_strength": -25.787031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.445515, "energy": 31.328259, "activity_lines": [ 1.045333, 1.032909, 1.11181, 1.232237 ] }, { "date": "2025-05-16", "close": 1.05, "volume": 123400, "typical_volume": 84165.0, "trend": 1.374333, "fair_value": 2.396726, "relative_strength": -21.892505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.934286, "energy": 27.699621, "activity_lines": [ 1.048667, 1.032545, 1.096095, 1.209505 ] }, { "date": "2025-05-23", "close": 1.0, "volume": 99500, "typical_volume": 88185.0, "trend": 1.344, "fair_value": 2.379233, "relative_strength": -23.599016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.670615, "energy": 29.556092, "activity_lines": [ 1.032, 1.025636, 1.078857, 1.185355 ] }, { "date": "2025-05-30", "close": 1.0, "volume": 31100, "typical_volume": 68070.0, "trend": 1.314, "fair_value": 2.361868, "relative_strength": -21.083476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.644687, "energy": 34.426046, "activity_lines": [ 1.018667, 1.021091, 1.064905, 1.163161 ] }, { "date": "2025-06-06", "close": 1.04, "volume": 167500, "typical_volume": 72175.0, "trend": 1.294667, "fair_value": 2.344759, "relative_strength": -16.304675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.213681, "energy": 30.414733, "activity_lines": [ 1.021333, 1.026727, 1.056476, 1.145484 ] }, { "date": "2025-06-13", "close": 1.1, "volume": 265300, "typical_volume": 83905.0, "trend": 1.274667, "fair_value": 2.328162, "relative_strength": -9.737552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.003774, "energy": 22.388048, "activity_lines": [ 1.047333, 1.042545, 1.055, 1.132925 ] }, { "date": "2025-06-20", "close": 1.14, "volume": 425400, "typical_volume": 104075.0, "trend": 1.253667, "fair_value": 2.31233, "relative_strength": -0.965264, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.184744, "energy": 9.87311, "activity_lines": [ 1.081333, 1.060909, 1.058571, 1.124237 ] }, { "date": "2025-06-27", "close": 1.12, "volume": 144500, "typical_volume": 110185.0, "trend": 1.235333, "fair_value": 2.295098, "relative_strength": -3.244391, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.803388, "energy": 11.643989, "activity_lines": [ 1.102667, 1.073091, 1.061476, 1.115613 ] }, { "date": "2025-07-04", "close": 1.19, "volume": 103900, "typical_volume": 110290.0, "trend": 1.216, "fair_value": 2.278823, "relative_strength": -0.085322, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.175136, "energy": 11.493683, "activity_lines": [ 1.139333, 1.096727, 1.072095, 1.112688 ] }, { "date": "2025-07-11", "close": 1.29, "volume": 25500, "typical_volume": 102840.0, "trend": 1.200667, "fair_value": 2.26408, "relative_strength": 8.368497, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.246994, "energy": 27.178761, "activity_lines": [ 1.196667, 1.135818, 1.092048, 1.117462 ] }, { "date": "2025-07-18", "close": 1.27, "volume": 181000, "typical_volume": 111205.0, "trend": 1.183333, "fair_value": 2.249971, "relative_strength": -0.534076, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.647728, "energy": 40.090263, "activity_lines": [ 1.230667, 1.167636, 1.109667, 1.121935 ] }, { "date": "2025-07-25", "close": 1.29, "volume": 110300, "typical_volume": 116275.0, "trend": 1.168667, "fair_value": 2.235863, "relative_strength": 0.524631, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.950357, "energy": 49.143893, "activity_lines": [ 1.26, 1.198545, 1.129095, 1.128817 ] }, { "date": "2025-08-01", "close": 1.28, "volume": 7500, "typical_volume": 113235.0, "trend": 1.155, "fair_value": 2.208787, "relative_strength": -0.045138, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.953222, "energy": 48.277923, "activity_lines": [ 1.276, 1.223273, 1.147095, 1.136 ] }, { "date": "2025-08-08", "close": 1.18, "volume": 13500, "typical_volume": 110705.0, "trend": 1.149, "fair_value": 2.186091, "relative_strength": -10.476577, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.645542, "energy": 30.356683, "activity_lines": [ 1.248, 1.224727, 1.154857, 1.137613 ] }, { "date": "2025-08-15", "close": 1.08, "volume": 93600, "typical_volume": 114105.0, "trend": 1.141667, "fair_value": 2.162881, "relative_strength": -17.653494, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 2.726538, "energy": 7.834849, "activity_lines": [ 1.187333, 1.204727, 1.153, 1.133161 ] }, { "date": "2025-08-22", "close": 1.02, "volume": 51300, "typical_volume": 112355.0, "trend": 1.130333, "fair_value": 2.137761, "relative_strength": -21.450071, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.205296, "energy": 15.527015, "activity_lines": [ 1.120667, 1.173091, 1.145048, 1.125312 ] }, { "date": "2025-08-29", "close": 1.04, "volume": 152400, "typical_volume": 109610.0, "trend": 1.118333, "fair_value": 2.116457, "relative_strength": -18.35811, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.266147, "energy": 17.681003, "activity_lines": [ 1.077333, 1.146545, 1.138143, 1.119484 ] }, { "date": "2025-09-05", "close": 1.03, "volume": 13800, "typical_volume": 110165.0, "trend": 1.108, "fair_value": 2.097758, "relative_strength": -20.615808, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.86727, "energy": 25.481272, "activity_lines": [ 1.047333, 1.12, 1.130095, 1.113785 ] }, { "date": "2025-09-12", "close": 1.02, "volume": 19900, "typical_volume": 111065.0, "trend": 1.103667, "fair_value": 2.079631, "relative_strength": -22.744549, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.962637, "energy": 30.688124, "activity_lines": [ 1.030667, 1.093273, 1.12119, 1.108108 ] }, { "date": "2025-09-19", "close": 1.03, "volume": 23600, "typical_volume": 109580.0, "trend": 1.098, "fair_value": 2.061059, "relative_strength": -21.470754, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.286748, "energy": 37.886426, "activity_lines": [ 1.028, 1.071455, 1.113333, 1.103355 ] }, { "date": "2025-09-26", "close": 1.05, "volume": 14800, "typical_volume": 103390.0, "trend": 1.091333, "fair_value": 2.043887, "relative_strength": -18.667556, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.68595, "energy": 28.558796, "activity_lines": [ 1.035333, 1.058, 1.107667, 1.100258 ] }, { "date": "2025-10-03", "close": 1.04, "volume": 10300, "typical_volume": 97735.0, "trend": 1.086333, "fair_value": 2.026143, "relative_strength": -20.000038, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.544386, "energy": 18.892538, "activity_lines": [ 1.037333, 1.046727, 1.100905, 1.096946 ] }, { "date": "2025-10-10", "close": 1.06, "volume": 16200, "typical_volume": 93570.0, "trend": 1.084, "fair_value": 2.009162, "relative_strength": -17.613438, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.166156, "energy": 9.842457, "activity_lines": [ 1.046, 1.043636, 1.096095, 1.095247 ] }, { "date": "2025-10-17", "close": 0.98, "volume": 89600, "typical_volume": 96495.0, "trend": 1.078, "fair_value": 1.991542, "relative_strength": -22.34557, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.645766, "energy": 22.431219, "activity_lines": [ 1.026, 1.03, 1.083381, 1.088538 ] }, { "date": "2025-10-24", "close": 1.01, "volume": 49800, "typical_volume": 90610.0, "trend": 1.078333, "fair_value": 1.97513, "relative_strength": -21.544721, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.138259, "energy": 22.136365, "activity_lines": [ 1.018667, 1.025455, 1.073619, 1.084151 ] }, { "date": "2025-10-31", "close": 0.96, "volume": 38600, "typical_volume": 79275.0, "trend": 1.082333, "fair_value": 1.957381, "relative_strength": -24.339124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.225062, "energy": 45.569552, "activity_lines": [ 0.996, 1.013091, 1.059238, 1.076516 ] }, { "date": "2025-11-07", "close": 0.94, "volume": 25200, "typical_volume": 59265.0, "trend": 1.080333, "fair_value": 1.940776, "relative_strength": -24.967978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.078447, "energy": 59.278523, "activity_lines": [ 0.972667, 0.998182, 1.043619, 1.067333 ] }, { "date": "2025-11-14", "close": 1.0, "volume": 9300, "typical_volume": 52505.0, "trend": 1.078667, "fair_value": 1.926462, "relative_strength": -17.417476, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.56458, "energy": 51.682629, "activity_lines": [ 0.976, 0.996, 1.034667, 1.062151 ] }, { "date": "2025-11-21", "close": 0.92, "volume": 202800, "typical_volume": 57450.0, "trend": 1.074667, "fair_value": 1.912017, "relative_strength": -22.356532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.998648, "energy": 64.131282, "activity_lines": [ 0.956667, 0.979818, 1.018667, 1.051914 ] }, { "date": "2025-11-28", "close": 0.99, "volume": 14200, "typical_volume": 56885.0, "trend": 1.071333, "fair_value": 1.897511, "relative_strength": -15.947339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.174532, "energy": 55.574605, "activity_lines": [ 0.964667, 0.978182, 1.010619, 1.046452 ] }, { "date": "2025-12-05", "close": 0.93, "volume": 46800, "typical_volume": 50175.0, "trend": 1.068333, "fair_value": 1.88313, "relative_strength": -21.310798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.739791, "energy": 50.525183, "activity_lines": [ 0.954, 0.966364, 0.998286, 1.037333 ] }, { "date": "2025-12-12", "close": 0.91, "volume": 41800, "typical_volume": 46750.0, "trend": 1.063667, "fair_value": 1.869257, "relative_strength": -20.981857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.993056, "energy": 55.394323, "activity_lines": [ 0.938667, 0.953091, 0.985667, 1.027118 ] }, { "date": "2025-12-19", "close": 0.9, "volume": 22100, "typical_volume": 47480.0, "trend": 1.060333, "fair_value": 1.855065, "relative_strength": -20.747537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.932381, "energy": 54.372787, "activity_lines": [ 0.922, 0.940364, 0.973905, 1.016559 ] }, { "date": "2025-12-26", "close": 0.86, "volume": 64800, "typical_volume": 50045.0, "trend": 1.055667, "fair_value": 1.840235, "relative_strength": -23.803402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.152201, "energy": 62.510119, "activity_lines": [ 0.898667, 0.923273, 0.960143, 1.003634 ] }, { "date": "2026-01-02", "close": 0.86, "volume": 12700, "typical_volume": 46000.0, "trend": 1.049667, "fair_value": 1.824769, "relative_strength": -22.939765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.811706, "energy": 66.351536, "activity_lines": [ 0.879333, 0.908364, 0.947905, 0.991011 ] }, { "date": "2026-01-09", "close": 0.82, "volume": 108800, "typical_volume": 48875.0, "trend": 1.040333, "fair_value": 1.808666, "relative_strength": -25.647819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.561466, "energy": 72.940975, "activity_lines": [ 0.855333, 0.888909, 0.932905, 0.976194 ] }, { "date": "2026-01-16", "close": 0.77, "volume": 59900, "typical_volume": 44250.0, "trend": 1.028, "fair_value": 1.792242, "relative_strength": -30.804919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.412595, "energy": 74.106936, "activity_lines": [ 0.822, 0.862909, 0.914095, 0.958753 ] }, { "date": "2026-01-23", "close": 0.78, "volume": 17500, "typical_volume": 44435.0, "trend": 1.016667, "fair_value": 1.774992, "relative_strength": -31.352998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.616572, "energy": 79.186469, "activity_lines": [ 0.801333, 0.841818, 0.897524, 0.942753 ] }, { "date": "2026-01-30", "close": 0.77, "volume": 13000, "typical_volume": 44090.0, "trend": 1.002667, "fair_value": 1.757678, "relative_strength": -32.075557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.540981, "energy": 80.114002, "activity_lines": [ 0.785333, 0.822909, 0.88119, 0.926839 ] }, { "date": "2026-02-06", "close": 0.73, "volume": 31100, "typical_volume": 44465.0, "trend": 0.984, "fair_value": 1.740362, "relative_strength": -36.22862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.632294, "energy": 81.011687, "activity_lines": [ 0.762, 0.799455, 0.862238, 0.909247 ] }, { "date": "2026-02-13", "close": 0.76, "volume": 294200, "typical_volume": 58435.0, "trend": 0.967, "fair_value": 1.723619, "relative_strength": -36.616616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.579457, "energy": 70.758483, "activity_lines": [ 0.757333, 0.786182, 0.847571, 0.894796 ] }, { "date": "2026-02-20", "close": 0.77, "volume": 404600, "typical_volume": 78150.0, "trend": 0.949667, "fair_value": 1.706814, "relative_strength": -37.285455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.026635, "energy": 60.437566, "activity_lines": [ 0.76, 0.777818, 0.835238, 0.882086 ] }, { "date": "2026-02-27", "close": 0.74, "volume": 61400, "typical_volume": 80410.0, "trend": 0.931667, "fair_value": 1.690833, "relative_strength": -40.88422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.298306, "energy": 62.614488, "activity_lines": [ 0.752667, 0.766545, 0.821333, 0.868559 ] }, { "date": "2026-03-06", "close": 0.76, "volume": 52700, "typical_volume": 78565.0, "trend": 0.917667, "fair_value": 1.674679, "relative_strength": -33.507308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.631667, "energy": 52.320614, "activity_lines": [ 0.754667, 0.761818, 0.810857, 0.857484 ] }, { "date": "2026-03-13", "close": 0.71, "volume": 82100, "typical_volume": 80180.0, "trend": 0.905333, "fair_value": 1.659359, "relative_strength": -37.152431, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.617909, "energy": 57.08766, "activity_lines": [ 0.740667, 0.749818, 0.796667, 0.844086 ] }, { "date": "2026-03-20", "close": 0.68, "volume": 42900, "typical_volume": 80395.0, "trend": 0.894, "fair_value": 1.643846, "relative_strength": -40.077783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.089081, "energy": 59.879192, "activity_lines": [ 0.718, 0.735091, 0.781048, 0.829548 ] }, { "date": "2026-03-27", "close": 0.68, "volume": 57600, "typical_volume": 82015.0, "trend": 0.882, "fair_value": 1.62859, "relative_strength": -40.106127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.261142, "energy": 58.098712, "activity_lines": [ 0.700667, 0.722909, 0.766762, 0.815742 ] }, { "date": "2026-04-03", "close": 0.76, "volume": 9500, "typical_volume": 82025.0, "trend": 0.873, "fair_value": 1.61359, "relative_strength": -33.012245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.107701, "energy": 47.705393, "activity_lines": [ 0.716, 0.726909, 0.761333, 0.807871 ] }, { "date": "2026-04-10", "close": 0.69, "volume": 5700, "typical_volume": 72170.0, "trend": 0.862, "fair_value": 1.598526, "relative_strength": -40.689079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.009404, "energy": 46.601934, "activity_lines": [ 0.706667, 0.718545, 0.750381, 0.796065 ] }, { "date": "2026-04-17", "close": 0.72, "volume": 7100, "typical_volume": 71815.0, "trend": 0.851667, "fair_value": 1.583654, "relative_strength": -36.416453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.226653, "energy": 41.054343, "activity_lines": [ 0.712, 0.717091, 0.743381, 0.786903 ] }, { "date": "2026-04-24", "close": 0.69, "volume": 29600, "typical_volume": 70955.0, "trend": 0.839667, "fair_value": 1.568462, "relative_strength": -37.294582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.725793, "energy": 38.130082, "activity_lines": [ 0.706667, 0.710364, 0.73481, 0.776473 ] }, { "date": "2026-05-01", "close": 0.66, "volume": 22200, "typical_volume": 69975.0, "trend": 0.827, "fair_value": 1.553718, "relative_strength": -40.826745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.641713, "energy": 45.735586, "activity_lines": [ 0.690667, 0.699455, 0.724524, 0.764882 ] }, { "date": "2026-05-08", "close": 0.68, "volume": 35000, "typical_volume": 70620.0, "trend": 0.814333, "fair_value": 1.539487, "relative_strength": -38.690287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.479794, "energy": 40.560646, "activity_lines": [ 0.682667, 0.694182, 0.717333, 0.755398 ] }, { "date": "2026-05-15", "close": 0.68, "volume": 49700, "typical_volume": 69865.0, "trend": 0.804333, "fair_value": 1.526154, "relative_strength": -38.715003, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.645582, "energy": 38.708156, "activity_lines": [ 0.68, 0.69, 0.71119, 0.746731 ] }, { "date": "2026-05-22", "close": 0.72, "volume": 37500, "typical_volume": 71105.0, "trend": 0.794667, "fair_value": 1.512692, "relative_strength": -35.333692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.687676, "energy": 31.481651, "activity_lines": [ 0.691333, 0.694545, 0.709714, 0.74129 ] }, { "date": "2026-05-29", "close": 0.73, "volume": 66000, "typical_volume": 68965.0, "trend": 0.787, "fair_value": 1.499295, "relative_strength": -34.977741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.25607, "energy": 18.756406, "activity_lines": [ 0.706, 0.700727, 0.709857, 0.737118 ] }, { "date": "2026-06-05", "close": 0.73, "volume": 7100, "typical_volume": 66325.0, "trend": 0.78, "fair_value": 1.485897, "relative_strength": -34.766976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.043472, "energy": 15.541998, "activity_lines": [ 0.718, 0.706, 0.710429, 0.733441 ] }, { "date": "2026-06-12", "close": 0.75, "volume": 2700, "typical_volume": 65585.0, "trend": 0.771667, "fair_value": 1.472756, "relative_strength": -32.458039, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.475695, "energy": 11.39088, "activity_lines": [ 0.732, 0.714, 0.713095, 0.731505 ] }, { "date": "2026-06-19", "close": 0.74, "volume": 2100, "typical_volume": 65040.0, "trend": 0.765667, "fair_value": 1.459936, "relative_strength": -31.384763, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.209777, "energy": 12.246362, "activity_lines": [ 0.738, 0.720364, 0.714952, 0.729462 ] }, { "date": "2026-06-26", "close": 0.81, "volume": 100, "typical_volume": 63490.0, "trend": 0.759667, "fair_value": 1.447821, "relative_strength": -22.315541, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.084264, "energy": 28.936616, "activity_lines": [ 0.763333, 0.738545, 0.723619, 0.732323 ] }, { "date": "2026-07-03", "close": 0.88, "volume": 25300, "typical_volume": 50045.0, "trend": 0.758, "fair_value": 1.437308, "relative_strength": -18.008667, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.408483, "energy": 53.922066, "activity_lines": [ 0.806, 0.767818, 0.738571, 0.740086 ] }, { "date": "2026-07-10", "close": 0.97, "volume": 203200, "typical_volume": 39975.0, "trend": 0.76, "fair_value": 1.429038, "relative_strength": -8.74009, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 59.998831, "energy": 73.053123, "activity_lines": [ 0.868667, 0.81, 0.761524, 0.753763 ] }, { "date": "2026-07-17", "close": 0.98, "volume": 91400, "typical_volume": 41475.0, "trend": 0.762667, "fair_value": 1.421346, "relative_strength": -7.549966, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 83.036493, "energy": 86.581365, "activity_lines": [ 0.918667, 0.848364, 0.784476, 0.767957 ] }, { "date": "2026-07-24", "close": 1.05, "volume": 625600, "typical_volume": 70120.0, "trend": 0.769, "fair_value": 1.414487, "relative_strength": 0.025095, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.394762, "energy": 89.420513, "activity_lines": [ 0.976667, 0.894, 0.812952, 0.786495 ] }, { "date": "2026-07-31", "close": 1.01, "volume": 326200, "typical_volume": 82325.0, "trend": 0.774, "fair_value": 1.407628, "relative_strength": -1.425108, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.398053, "energy": 84.098435, "activity_lines": [ 1.000667, 0.925636, 0.836238, 0.802043 ] }, { "date": "2026-08-07", "close": 1.06, "volume": 310800, "typical_volume": 95720.0, "trend": 0.782, "fair_value": 1.401474, "relative_strength": 5.054574, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.068405, "energy": 82.362854, "activity_lines": [ 1.028, 0.961091, 0.862857, 0.820495 ] } ], "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." } } }