{ "ticker": { "uuid": "f1dc8aec-487e-4ef2-a44d-e004cc6eb271", "symbol": "ENSC", "name": "Ensysce Biosciences Inc", "exchange": "NASDAQ", "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": "QQQ", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -4.04, "architecture_energy": 8.361, "architecture_maturity": 100.0, "architecture_confidence": 38.476, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 60.8, "rotation_up": 32.6, "upward_expansion": 19.46, "deceleration": 44.14, "rotation_down": 21.76, "downward_expansion": 58.12 }, "activity_lines": [ 0.348847, 0.315695, 0.317933, 0.359115 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 0.5202, "trend_reference": 0.432197, "distance_from_trend": 0.203619, "trend_direction": "Weakening", "fair_value": 6.705725, "distance_from_fair_value": -0.922424, "fair_value_direction": "Improving", "relative_strength": -57.947595, "relative_strength_direction": "Improving", "price_momentum": 0.127438, "excess_performance": -0.060015, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.203619, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.476804, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.922424, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.040142, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.579476, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.232796, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.127438, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.208542, "read": "Demand-led" } ], "volume": { "latest": 825872158, "relative_activity": 16.642381, "balance": 7.208542, "dry_up": 4.279189, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.214582, "annualized_volatility": 1.583286, "from_high_reference": -0.810836, "from_low_reference": 1.261739 }, "levels": { "trend_reference": 0.432197, "fair_value_reference": 6.705725, "structural_low": 0.23, "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": 58, "median_return": -0.120649, "positive_rate": 0.310345, "directional_follow_through": 0.672414, "median_excess_return": -0.148151, "regime_survival": 0.948276, "best_return": 1.004525, "worst_return": -0.596491, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 17, "median_return": -0.427793, "positive_rate": 0.235294, "directional_follow_through": 0.764706, "median_excess_return": -0.450534, "regime_survival": 0.823529, "best_return": 0.149284, "worst_return": -0.828481, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": -0.658567, "positive_rate": 0.111111, "directional_follow_through": 0.888889, "median_excess_return": -0.616042, "regime_survival": 0.666667, "best_return": 0.10917, "worst_return": -0.94341, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 5, "median_return": -0.86723, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -1.066768, "regime_survival": 1.0, "best_return": -0.673563, "worst_return": -0.985383, "sufficient": true } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2021-07-09", "end": "2021-07-16", "tenure": "New", "return": -0.175162, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2021-07-23", "end": "2024-01-05", "tenure": "Extended", "return": -0.999349, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-12", "end": "2024-03-08", "tenure": "Developing", "return": -0.426861, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-15", "end": "2024-11-08", "tenure": "Extended", "return": -0.080141, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-15", "end": "2024-12-06", "tenure": "New", "return": -0.185561, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-02-21", "tenure": "Developing", "return": -0.039146, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-28", "end": "2025-03-28", "tenure": "Developing", "return": -0.397032, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-09-26", "tenure": "Established", "return": -0.021834, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-11-21", "tenure": "Developing", "return": -0.374016, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-08-07", "tenure": "Extended", "return": -0.706102, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 29.7, "volume": 176671, "typical_volume": 2828206.75, "trend": 60.29536, "fair_value": 16232.271608, "relative_strength": -91.699071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.149204, "energy": 82.617412, "activity_lines": [ 29.34, 29.620909, 33.195086, 43.068471 ] }, { "date": "2023-08-25", "close": 28.2, "volume": 134629, "typical_volume": 2765884.3, "trend": 57.03476, "fair_value": 15991.298531, "relative_strength": -91.461967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.770936, "energy": 84.144968, "activity_lines": [ 28.84, 29.269091, 32.217871, 40.997803 ] }, { "date": "2023-09-01", "close": 27.0, "volume": 136029, "typical_volume": 2742181.15, "trend": 53.64416, "fair_value": 15745.933146, "relative_strength": -91.192262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.202241, "energy": 82.886827, "activity_lines": [ 28.16, 28.832727, 31.244943, 39.060076 ] }, { "date": "2023-09-08", "close": 27.3, "volume": 119258, "typical_volume": 2487325.4, "trend": 50.88696, "fair_value": 15504.492762, "relative_strength": -90.037058, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.075236, "energy": 63.273656, "activity_lines": [ 27.8, 28.510909, 30.457093, 37.360453 ] }, { "date": "2023-09-15", "close": 26.25, "volume": 136039, "typical_volume": 2479727.65, "trend": 48.25136, "fair_value": 15260.276415, "relative_strength": -89.297303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.4779, "energy": 62.896566, "activity_lines": [ 27.17, 27.992727, 29.701386, 35.770972 ] }, { "date": "2023-09-22", "close": 22.8, "volume": 116489, "typical_volume": 2471193.45, "trend": 45.9333, "fair_value": 15019.266415, "relative_strength": -89.522232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.597069, "energy": 67.669933, "activity_lines": [ 25.54, 26.926364, 28.759964, 34.128948 ] }, { "date": "2023-09-29", "close": 20.7, "volume": 122135, "typical_volume": 912590.4, "trend": 43.4277, "fair_value": 14770.283723, "relative_strength": -89.55238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.946088, "energy": 70.869616, "activity_lines": [ 23.67, 25.598182, 27.752114, 32.500994 ] }, { "date": "2023-10-06", "close": 16.2, "volume": 190347, "typical_volume": 884628.65, "trend": 40.5777, "fair_value": 14528.292185, "relative_strength": -91.06041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.049891, "energy": 93.887944, "activity_lines": [ 20.8, 23.648182, 26.442121, 30.744368 ] }, { "date": "2023-10-13", "close": 21.6, "volume": 593888, "typical_volume": 896277.75, "trend": 37.6389, "fair_value": 14286.122954, "relative_strength": -86.642474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.580029, "energy": 80.050403, "activity_lines": [ 20.45, 22.936364, 25.763557, 29.52 ] }, { "date": "2023-10-20", "close": 18.75, "volume": 2184558, "typical_volume": 997159.35, "trend": 35.0305, "fair_value": 14038.166223, "relative_strength": -86.570238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.139539, "energy": 65.594268, "activity_lines": [ 19.53, 21.831818, 24.876421, 28.301361 ] }, { "date": "2023-10-27", "close": 15.3, "volume": 318527, "typical_volume": 1002215.75, "trend": 33.1105, "fair_value": 13788.352762, "relative_strength": -87.212461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.851402, "energy": 67.777351, "activity_lines": [ 17.96, 20.277273, 23.74, 27.028426 ] }, { "date": "2023-11-03", "close": 14.85, "volume": 208331, "typical_volume": 999623.45, "trend": 31.8355, "fair_value": 13546.140262, "relative_strength": -87.027931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.937543, "energy": 65.469708, "activity_lines": [ 16.74, 18.902727, 22.652143, 25.850329 ] }, { "date": "2023-11-10", "close": 12.0, "volume": 329127, "typical_volume": 1006445.6, "trend": 30.23995, "fair_value": 13304.6018, "relative_strength": -89.010366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.019091, "energy": 68.784762, "activity_lines": [ 14.96, 17.252727, 21.391429, 24.570619 ] }, { "date": "2023-11-17", "close": 13.575, "volume": 444156, "typical_volume": 1013193.05, "trend": 28.85745, "fair_value": 13062.381127, "relative_strength": -86.688422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.771143, "energy": 64.971046, "activity_lines": [ 13.985, 16.161818, 20.367857, 23.495461 ] }, { "date": "2023-11-24", "close": 13.2, "volume": 160519, "typical_volume": 385911.75, "trend": 27.42245, "fair_value": 12819.927281, "relative_strength": -84.822083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.718557, "energy": 62.955525, "activity_lines": [ 13.42, 15.252273, 19.3725, 22.485303 ] }, { "date": "2023-12-01", "close": 13.665, "volume": 4917918, "typical_volume": 592778.45, "trend": 26.18295, "fair_value": 12568.476415, "relative_strength": -82.331213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.401928, "energy": 55.567322, "activity_lines": [ 13.38, 14.664545, 18.504286, 21.597726 ] }, { "date": "2023-12-08", "close": 16.35, "volume": 260548, "typical_volume": 573622.1, "trend": 25.15295, "fair_value": 12273.196608, "relative_strength": -77.380038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.567701, "energy": 45.530841, "activity_lines": [ 14.344, 14.731091, 17.966714, 20.963342 ] }, { "date": "2023-12-15", "close": 16.65, "volume": 2735708, "typical_volume": 692236.75, "trend": 24.34795, "fair_value": 12013.687954, "relative_strength": -76.257762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.932886, "energy": 32.513061, "activity_lines": [ 15.308, 14.931273, 17.529857, 20.414765 ] }, { "date": "2023-12-22", "close": 15.6, "volume": 373852, "typical_volume": 698590.7, "trend": 23.70795, "fair_value": 11707.4418, "relative_strength": -76.807371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.834281, "energy": 26.781244, "activity_lines": [ 15.612, 14.932364, 17.058, 19.850381 ] }, { "date": "2023-12-29", "close": 15.9, "volume": 175048, "typical_volume": 691688.85, "trend": 23.05795, "fair_value": 11420.589108, "relative_strength": -75.067198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.082275, "energy": 22.062618, "activity_lines": [ 15.881, 15.097091, 16.676143, 19.346642 ] }, { "date": "2024-01-05", "close": 16.4085, "volume": 155247, "typical_volume": 690617.65, "trend": 22.45495, "fair_value": 11132.696598, "relative_strength": -71.885674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.397014, "energy": 20.24941, "activity_lines": [ 16.1395, 15.406091, 16.402714, 18.917645 ] }, { "date": "2024-01-12", "close": 20.55, "volume": 1607891, "typical_volume": 764280.75, "trend": 21.95495, "fair_value": 10845.061406, "relative_strength": -63.774819, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.525938, "energy": 12.82772, "activity_lines": [ 17.5956, 16.447936, 16.587007, 18.794745 ] }, { "date": "2024-01-19", "close": 17.1, "volume": 437092, "typical_volume": 779333.9, "trend": 21.51495, "fair_value": 10550.709483, "relative_strength": -68.992812, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.297224, "energy": 13.109805, "activity_lines": [ 17.6217, 16.758873, 16.479157, 18.481523 ] }, { "date": "2024-01-26", "close": 23.55, "volume": 58209106, "typical_volume": 3683826.3, "trend": 21.39995, "fair_value": 10263.783521, "relative_strength": -55.104417, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.938052, "energy": 17.999562, "activity_lines": [ 19.7678, 18.149809, 17.032736, 18.612816 ] }, { "date": "2024-02-02", "close": 23.1, "volume": 22234567, "typical_volume": 4788752.7, "trend": 21.14995, "fair_value": 9884.546983, "relative_strength": -53.846685, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.157518, "energy": 27.791473, "activity_lines": [ 21.2339, 19.277564, 17.561314, 18.722497 ] }, { "date": "2024-02-09", "close": 15.9, "volume": 2102499, "typical_volume": 4888053.2, "trend": 20.69995, "fair_value": 9516.341213, "relative_strength": -67.004064, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.979879, "energy": 15.623242, "activity_lines": [ 19.82, 18.916227, 17.419179, 18.38379 ] }, { "date": "2024-02-16", "close": 13.9365, "volume": 2407012, "typical_volume": 5002297.05, "trend": 20.1145, "fair_value": 9168.545935, "relative_strength": -68.909557, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.055647, "energy": 16.494135, "activity_lines": [ 17.7855, 18.157255, 17.1229, 17.947439 ] }, { "date": "2024-02-23", "close": 13.35, "volume": 1759010, "typical_volume": 5080730.2, "trend": 19.5495, "fair_value": 8843.477665, "relative_strength": -68.991654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.388381, "energy": 25.55213, "activity_lines": [ 15.9964, 17.335527, 16.802971, 17.511019 ] }, { "date": "2024-03-01", "close": 13.8315, "volume": 987471, "typical_volume": 5100409.35, "trend": 19.06055, "fair_value": 8487.489406, "relative_strength": -66.613964, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.174713, "energy": 35.777414, "activity_lines": [ 14.6178, 16.661345, 16.542471, 17.142116 ] }, { "date": "2024-03-08", "close": 11.778, "volume": 1729745, "typical_volume": 5077668.7, "trend": 18.50315, "fair_value": 8161.718752, "relative_strength": -69.043261, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.907803, "energy": 55.342862, "activity_lines": [ 13.2026, 15.645955, 16.123393, 16.672274 ] }, { "date": "2024-03-15", "close": 11.904, "volume": 762505, "typical_volume": 5099867.6, "trend": 17.90995, "fair_value": 7842.871983, "relative_strength": -65.806227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.662042, "energy": 63.247902, "activity_lines": [ 12.5842, 14.728418, 15.749514, 16.246523 ] }, { "date": "2024-03-22", "close": 11.985, "volume": 513671, "typical_volume": 5115134.6, "trend": 17.36945, "fair_value": 7534.179579, "relative_strength": -64.110528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.795891, "energy": 60.901725, "activity_lines": [ 12.2592, 13.907509, 15.399521, 15.864268 ] }, { "date": "2024-03-29", "close": 11.853, "volume": 452951, "typical_volume": 5121325.8, "trend": 16.86455, "fair_value": 7237.486329, "relative_strength": -62.362265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.887793, "energy": 53.527334, "activity_lines": [ 12.0203, 13.218327, 15.0506, 15.508368 ] }, { "date": "2024-04-05", "close": 12.075, "volume": 516105, "typical_volume": 5124923.25, "trend": 16.35705, "fair_value": 6939.78604, "relative_strength": -59.816745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.454228, "energy": 40.139973, "activity_lines": [ 11.9552, 12.664909, 14.723521, 15.199365 ] }, { "date": "2024-04-12", "close": 11.174265, "volume": 414669, "typical_volume": 5137630.75, "trend": 15.854525, "fair_value": 6646.549978, "relative_strength": -60.819839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.005666, "energy": 39.446248, "activity_lines": [ 11.706955, 12.156357, 14.317801, 14.864991 ] }, { "date": "2024-04-19", "close": 8.565, "volume": 710540, "typical_volume": 4927261.85, "trend": 15.380025, "fair_value": 6353.06642, "relative_strength": -66.740642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.043113, "energy": 53.487013, "activity_lines": [ 10.629204, 11.390225, 13.673226, 14.394699 ] }, { "date": "2024-04-26", "close": 8.763, "volume": 376908, "typical_volume": 4933079.85, "trend": 14.982126, "fair_value": 6059.353363, "relative_strength": -65.609767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.494129, "energy": 73.322464, "activity_lines": [ 9.840053, 10.793457, 13.071794, 13.967794 ] }, { "date": "2024-05-03", "close": 8.415, "volume": 425806, "typical_volume": 4817584.75, "trend": 14.722625, "fair_value": 5761.714997, "relative_strength": -65.764991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.512564, "energy": 82.984734, "activity_lines": [ 9.149702, 10.227479, 12.473348, 13.544109 ] }, { "date": "2024-05-10", "close": 7.86, "volume": 393983, "typical_volume": 4818591.3, "trend": 14.264625, "fair_value": 5457.611536, "relative_strength": -67.055898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.790505, "energy": 89.657866, "activity_lines": [ 8.503551, 9.65032, 11.861258, 13.101359 ] }, { "date": "2024-05-17", "close": 9.36, "volume": 1618153, "typical_volume": 4890746.55, "trend": 13.951626, "fair_value": 5146.363843, "relative_strength": -60.173199, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.136397, "energy": 85.732094, "activity_lines": [ 8.6384, 9.45446, 11.428883, 12.784931 ] }, { "date": "2024-05-24", "close": 8.55, "volume": 1414165, "typical_volume": 4953692.45, "trend": 13.726626, "fair_value": 4826.803266, "relative_strength": -62.991307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.051517, "energy": 81.707664, "activity_lines": [ 8.6242, 9.155292, 10.950508, 12.436439 ] }, { "date": "2024-05-31", "close": 8.625, "volume": 419743, "typical_volume": 4894285.05, "trend": 13.519125, "fair_value": 4572.781632, "relative_strength": -60.85306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.005289, "energy": 65.231192, "activity_lines": [ 8.636, 8.930742, 10.516697, 12.107302 ] }, { "date": "2024-06-07", "close": 8.1825, "volume": 705381, "typical_volume": 4907699.5, "trend": 13.391875, "fair_value": 4203.603315, "relative_strength": -62.664892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.116691, "energy": 59.253203, "activity_lines": [ 8.5095, 8.686828, 10.097529, 11.763004 ] }, { "date": "2024-06-14", "close": 7.8, "volume": 336786, "typical_volume": 2014083.5, "trend": 13.199376, "fair_value": 3902.730238, "relative_strength": -64.445854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.677723, "energy": 60.599305, "activity_lines": [ 8.271, 8.440105, 9.684397, 11.402238 ] }, { "date": "2024-06-21", "close": 7.5015, "volume": 1224514, "typical_volume": 963580.85, "trend": 13.009425, "fair_value": 3572.778324, "relative_strength": -64.867634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.08177, "energy": 60.296924, "activity_lines": [ 7.937, 8.216836, 9.317836, 11.034633 ] }, { "date": "2024-06-28", "close": 7.5975, "volume": 565635, "typical_volume": 886737.65, "trend": 12.807175, "fair_value": 3238.211641, "relative_strength": -63.485517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.022269, "energy": 58.256606, "activity_lines": [ 7.7589, 8.0778, 9.034697, 10.685476 ] }, { "date": "2024-07-05", "close": 6.9, "volume": 272732, "typical_volume": 780023.65, "trend": 12.492176, "fair_value": 2965.475103, "relative_strength": -66.949654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.673921, "energy": 60.899704, "activity_lines": [ 7.4118, 7.829536, 8.724665, 10.304368 ] }, { "date": "2024-07-12", "close": 6.9075, "volume": 305263, "typical_volume": 707336.3, "trend": 12.167426, "fair_value": 2740.519382, "relative_strength": -65.822346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.026875, "energy": 59.132769, "activity_lines": [ 7.1822, 7.616509, 8.448854, 9.944067 ] }, { "date": "2024-07-19", "close": 6.525, "volume": 409732, "typical_volume": 678449.35, "trend": 11.864926, "fair_value": 2579.025055, "relative_strength": -65.227128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.488071, "energy": 65.89104, "activity_lines": [ 6.9101, 7.361345, 8.167293, 9.580039 ] }, { "date": "2024-07-26", "close": 6.4185, "volume": 628108, "typical_volume": 623367.5, "trend": 11.548876, "fair_value": 2448.681584, "relative_strength": -63.727565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.50218, "energy": 65.438298, "activity_lines": [ 6.6875, 7.111091, 7.910382, 9.228657 ] }, { "date": "2024-08-02", "close": 6.7725, "volume": 544017, "typical_volume": 612443.1, "trend": 11.227676, "fair_value": 2350.648074, "relative_strength": -59.241941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.354656, "energy": 56.93493, "activity_lines": [ 6.6551, 6.978682, 7.712707, 8.920504 ] }, { "date": "2024-08-09", "close": 5.622, "volume": 380947, "typical_volume": 605806.9, "trend": 10.730075, "fair_value": 2274.991805, "relative_strength": -65.096441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.727446, "energy": 61.723821, "activity_lines": [ 6.2942, 6.669409, 7.429897, 8.558847 ] }, { "date": "2024-08-16", "close": 6.063, "volume": 482791, "typical_volume": 607298.9, "trend": 10.362176, "fair_value": 2199.799901, "relative_strength": -62.89806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.618962, "energy": 57.832028, "activity_lines": [ 6.1655, 6.494918, 7.219386, 8.257746 ] }, { "date": "2024-08-23", "close": 6.61353, "volume": 347314, "typical_volume": 598859.35, "trend": 9.797626, "fair_value": 2128.303834, "relative_strength": -58.456665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.814978, "energy": 55.439052, "activity_lines": [ 6.27661, 6.45906, 7.088878, 8.015897 ] }, { "date": "2024-08-30", "close": 5.925015, "volume": 106055033, "typical_volume": 5880877.55, "trend": 9.225127, "fair_value": 2050.803353, "relative_strength": -61.148414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.548549, "energy": 45.983993, "activity_lines": [ 6.152313, 6.319589, 6.918804, 7.766052 ] }, { "date": "2024-09-06", "close": 5.61, "volume": 1491311, "typical_volume": 5919916.1, "trend": 8.882127, "fair_value": 1970.070084, "relative_strength": -59.461023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.742592, "energy": 44.578775, "activity_lines": [ 5.95591, 6.151507, 6.743725, 7.532818 ] }, { "date": "2024-09-13", "close": 4.89, "volume": 1527444, "typical_volume": 5977442.9, "trend": 8.580577, "fair_value": 1902.024507, "relative_strength": -65.326373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.093777, "energy": 49.764798, "activity_lines": [ 5.597007, 5.888651, 6.514147, 7.275261 ] }, { "date": "2024-09-20", "close": 4.833, "volume": 926402, "typical_volume": 6002472.7, "trend": 8.296677, "fair_value": 1798.440103, "relative_strength": -65.009444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.773254, "energy": 52.620288, "activity_lines": [ 5.267904, 5.651978, 6.297582, 7.033482 ] }, { "date": "2024-09-27", "close": 4.32, "volume": 1456083, "typical_volume": 6055577.7, "trend": 7.979627, "fair_value": 1732.237026, "relative_strength": -67.98521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.693681, "energy": 68.700901, "activity_lines": [ 4.849801, 5.35975, 6.049218, 6.776922 ] }, { "date": "2024-10-04", "close": 3.3525, "volume": 1428037, "typical_volume": 6046071.9, "trend": 7.698777, "fair_value": 1677.566209, "relative_strength": -74.515203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.540273, "energy": 80.505431, "activity_lines": [ 4.2621, 4.931704, 5.725567, 6.478398 ] }, { "date": "2024-10-11", "close": 2.667, "volume": 2057417, "typical_volume": 6078234.5, "trend": 7.390877, "fair_value": 1622.890998, "relative_strength": -79.17116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.778871, "energy": 84.915412, "activity_lines": [ 3.6174, 4.434766, 5.365239, 6.153767 ] }, { "date": "2024-10-18", "close": 2.667, "volume": 5257120, "typical_volume": 6320103.35, "trend": 7.080277, "fair_value": 1571.446555, "relative_strength": -78.454076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.574077, "energy": 84.372417, "activity_lines": [ 3.1689, 4.012475, 5.032924, 5.849001 ] }, { "date": "2024-10-25", "close": 5.307, "volume": 781763789, "typical_volume": 45373023.75, "trend": 6.862077, "fair_value": 1520.711344, "relative_strength": -56.055536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.981634, "energy": 44.627547, "activity_lines": [ 3.7486, 4.12391, 4.98041, 5.734596 ] }, { "date": "2024-11-01", "close": 9.75, "volume": 676001665, "typical_volume": 79156267.7, "trend": 6.784577, "fair_value": 1468.850767, "relative_strength": -16.599586, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.318749, "energy": 7.398121, "activity_lines": [ 5.7777, 5.056909, 5.364731, 5.920913 ] }, { "date": "2024-11-08", "close": 10.95, "volume": 184900564, "typical_volume": 88340070.2, "trend": 6.777101, "fair_value": 1417.920959, "relative_strength": -10.437335, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.025957, "energy": 31.686151, "activity_lines": [ 7.8448, 6.151064, 5.854052, 6.18965 ] }, { "date": "2024-11-15", "close": 10.056, "volume": 28528334, "typical_volume": 89738205.15, "trend": 6.826802, "fair_value": 1381.408498, "relative_strength": -13.782684, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.522746, "energy": 36.839413, "activity_lines": [ 9.1074, 6.991309, 6.241809, 6.401192 ] }, { "date": "2024-11-22", "close": 6.45, "volume": 11169801, "typical_volume": 90283058.6, "trend": 6.749701, "fair_value": 1344.988305, "relative_strength": -44.74081, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.564377, "energy": 30.327546, "activity_lines": [ 8.6754, 7.095082, 6.27443, 6.376882 ] }, { "date": "2024-11-29", "close": 7.41, "volume": 6037694, "typical_volume": 90569680.15, "trend": 6.716201, "fair_value": 1316.189651, "relative_strength": -35.899908, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.279922, "energy": 36.92839, "activity_lines": [ 8.3112, 7.345036, 6.400623, 6.419482 ] }, { "date": "2024-12-06", "close": 8.19, "volume": 7219857, "typical_volume": 90910186.4, "trend": 6.727202, "fair_value": 1214.011382, "relative_strength": -29.833185, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.328148, "energy": 19.775394, "activity_lines": [ 8.0668, 7.689955, 6.598708, 6.514566 ] }, { "date": "2024-12-13", "close": 5.62, "volume": 611897, "typical_volume": 90909375.85, "trend": 6.602535, "fair_value": 1145.739715, "relative_strength": -50.908872, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.387214, "energy": 5.638006, "activity_lines": [ 7.069733, 7.497236, 6.544103, 6.443134 ] }, { "date": "2024-12-20", "close": 8.1, "volume": 1754879, "typical_volume": 90969918.95, "trend": 6.587535, "fair_value": 1027.637792, "relative_strength": -26.127695, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.392466, "energy": 6.640615, "activity_lines": [ 7.254667, 7.7142, 6.729491, 6.539744 ] }, { "date": "2024-12-27", "close": 8.88, "volume": 491802, "typical_volume": 90975461.7, "trend": 6.596035, "fair_value": 919.233177, "relative_strength": -18.10563, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.593671, "energy": 19.707671, "activity_lines": [ 7.83, 7.9742, 6.982843, 6.687645 ] }, { "date": "2025-01-03", "close": 9.15, "volume": 219355, "typical_volume": 90962289.9, "trend": 6.628285, "fair_value": 827.214908, "relative_strength": -13.03706, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.454072, "energy": 25.356826, "activity_lines": [ 8.333333, 8.170327, 7.246396, 6.852417 ] }, { "date": "2025-01-10", "close": 7.49, "volume": 217885, "typical_volume": 90955818.45, "trend": 6.617952, "fair_value": 751.570613, "relative_strength": -24.665819, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.089594, "energy": 25.566248, "activity_lines": [ 8.167333, 7.994764, 7.337152, 6.908012 ] }, { "date": "2025-01-17", "close": 7.77, "volume": 187982, "typical_volume": 85662465.9, "trend": 6.626901, "fair_value": 696.466574, "relative_strength": -22.044578, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.510526, "energy": 22.641809, "activity_lines": [ 8.141333, 7.9112, 7.450402, 6.982337 ] }, { "date": "2025-01-24", "close": 7.58, "volume": 625922, "typical_volume": 85619196.45, "trend": 6.626318, "fair_value": 657.976703, "relative_strength": -21.810643, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.180575, "energy": 19.811431, "activity_lines": [ 7.908667, 7.850909, 7.536771, 7.043828 ] }, { "date": "2025-01-31", "close": 6.8724, "volume": 117290, "typical_volume": 85548688.75, "trend": 6.625398, "fair_value": 620.86691, "relative_strength": -24.877, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.485075, "energy": 13.971518, "activity_lines": [ 7.4748, 7.706982, 7.546369, 7.059704 ] }, { "date": "2025-02-07", "close": 6.16, "volume": 210288, "typical_volume": 85512883.05, "trend": 6.600481, "fair_value": 583.752551, "relative_strength": -30.861706, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.655812, "energy": 9.077471, "activity_lines": [ 6.937307, 7.425847, 7.478679, 7.029678 ] }, { "date": "2025-02-14", "close": 5.8, "volume": 80266, "typical_volume": 85444092.2, "trend": 6.576315, "fair_value": 558.751269, "relative_strength": -35.15026, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.913477, "energy": 23.847391, "activity_lines": [ 6.479147, 7.101985, 7.370384, 6.978034 ] }, { "date": "2025-02-21", "close": 5.4, "volume": 63062, "typical_volume": 85375843.45, "trend": 6.542365, "fair_value": 533.632039, "relative_strength": -36.738141, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.506832, "energy": 41.489362, "activity_lines": [ 6.00032, 6.748851, 7.216947, 6.902143 ] }, { "date": "2025-02-28", "close": 5.39, "volume": 68742, "typical_volume": 85276409.7, "trend": 6.496281, "fair_value": 508.974282, "relative_strength": -32.992464, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.595197, "energy": 46.707659, "activity_lines": [ 5.67616, 6.397898, 7.052807, 6.827797 ] }, { "date": "2025-03-07", "close": 5.02, "volume": 49987, "typical_volume": 85016053.05, "trend": 6.476215, "fair_value": 483.621846, "relative_strength": -34.171704, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.415736, "energy": 51.902487, "activity_lines": [ 5.374667, 6.028945, 6.840462, 6.732553 ] }, { "date": "2025-03-14", "close": 3.89, "volume": 124350, "typical_volume": 45934081.1, "trend": 6.403782, "fair_value": 455.262167, "relative_strength": -46.404415, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.009787, "energy": 64.474513, "activity_lines": [ 4.82, 5.52472, 6.509293, 6.5657 ] }, { "date": "2025-03-21", "close": 3.45, "volume": 90810, "typical_volume": 12138538.35, "trend": 6.298331, "fair_value": 429.207359, "relative_strength": -51.359424, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.687238, "energy": 72.781858, "activity_lines": [ 4.27, 5.036131, 6.142968, 6.375134 ] }, { "date": "2025-03-28", "close": 3.25, "volume": 92579, "typical_volume": 2898139.1, "trend": 6.209163, "fair_value": 404.074346, "relative_strength": -51.835396, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.760579, "energy": 88.801104, "activity_lines": [ 3.81, 4.584633, 5.787594, 6.178467 ] }, { "date": "2025-04-04", "close": 2.29, "volume": 387522, "typical_volume": 1491098.5, "trend": 6.098497, "fair_value": 378.012103, "relative_strength": -61.198017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.58505, "energy": 93.987878, "activity_lines": [ 3.173333, 4.040771, 5.377459, 5.925618 ] }, { "date": "2025-04-11", "close": 2.03, "volume": 495356, "typical_volume": 957376.25, "trend": 6.003163, "fair_value": 353.332808, "relative_strength": -67.043816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.878462, "energy": 93.530366, "activity_lines": [ 2.656667, 3.545818, 4.979543, 5.663134 ] }, { "date": "2025-04-18", "close": 1.76, "volume": 2579255, "typical_volume": 784454.3, "trend": 5.90073, "fair_value": 328.882551, "relative_strength": -70.049867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.527819, "energy": 92.777229, "activity_lines": [ 2.249333, 3.089818, 4.57696, 5.389382 ] }, { "date": "2025-04-25", "close": 3.29, "volume": 93718215, "typical_volume": 5109372.2, "trend": 5.866397, "fair_value": 303.519026, "relative_strength": -46.333041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.473517, "energy": 83.037287, "activity_lines": [ 2.494, 2.992, 4.346996, 5.220948 ] }, { "date": "2025-05-02", "close": 2.57, "volume": 1203578, "typical_volume": 5138956.25, "trend": 5.840313, "fair_value": 283.920115, "relative_strength": -58.602705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.213047, "energy": 63.887203, "activity_lines": [ 2.509333, 2.808909, 4.071794, 5.008277 ] }, { "date": "2025-05-09", "close": 2.17, "volume": 468577, "typical_volume": 5074641.15, "trend": 5.823747, "fair_value": 268.433256, "relative_strength": -64.25676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.005347, "energy": 64.200806, "activity_lines": [ 2.436667, 2.604545, 3.773021, 4.771483 ] }, { "date": "2025-05-16", "close": 2.34, "volume": 4664424, "typical_volume": 5283272.25, "trend": 5.812847, "fair_value": 256.295949, "relative_strength": -62.999928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.003883, "energy": 58.78016, "activity_lines": [ 2.428667, 2.489636, 3.518676, 4.546725 ] }, { "date": "2025-05-23", "close": 2.2, "volume": 545937, "typical_volume": 5299601.35, "trend": 5.70928, "fair_value": 244.076974, "relative_strength": -63.539173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.641198, "energy": 60.932972, "activity_lines": [ 2.353333, 2.398, 3.282141, 4.313638 ] }, { "date": "2025-05-30", "close": 2.22, "volume": 177345, "typical_volume": 5297574.35, "trend": 5.45828, "fair_value": 231.528128, "relative_strength": -63.008105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.611719, "energy": 60.004512, "activity_lines": [ 2.255333, 2.340727, 3.080606, 4.088523 ] }, { "date": "2025-06-06", "close": 2.38, "volume": 3670891, "typical_volume": 5471719.8, "trend": 5.172613, "fair_value": 220.118, "relative_strength": -60.272726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.318681, "energy": 55.28039, "activity_lines": [ 2.282, 2.334909, 2.919404, 3.889924 ] }, { "date": "2025-06-13", "close": 2.07, "volume": 549980, "typical_volume": 5467922.7, "trend": 4.906413, "fair_value": 209.672808, "relative_strength": -64.501517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.109019, "energy": 57.0621, "activity_lines": [ 2.218, 2.288545, 2.754345, 3.689756 ] }, { "date": "2025-06-20", "close": 2.02, "volume": 136562, "typical_volume": 5468886.3, "trend": 4.758747, "fair_value": 199.044987, "relative_strength": -64.619789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.130092, "energy": 55.771844, "activity_lines": [ 2.144, 2.237091, 2.610762, 3.503535 ] }, { "date": "2025-06-27", "close": 2.24, "volume": 214108, "typical_volume": 5469077.3, "trend": 4.586413, "fair_value": 185.928577, "relative_strength": -61.521377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.36065, "energy": 50.010329, "activity_lines": [ 2.164667, 2.225818, 2.511238, 3.341036 ] }, { "date": "2025-07-04", "close": 2.31, "volume": 109901, "typical_volume": 5470559.05, "trend": 4.390413, "fair_value": 171.545692, "relative_strength": -60.190283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.53921, "energy": 48.22479, "activity_lines": [ 2.206, 2.218545, 2.437048, 3.19417 ] }, { "date": "2025-07-11", "close": 2.16, "volume": 656663, "typical_volume": 5500239.1, "trend": 4.27508, "fair_value": 158.057231, "relative_strength": -61.928004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.13721, "energy": 44.852199, "activity_lines": [ 2.191333, 2.201818, 2.36519, 3.050273 ] }, { "date": "2025-07-18", "close": 2.13, "volume": 698463, "typical_volume": 5531725.15, "trend": 4.07608, "fair_value": 144.257039, "relative_strength": -62.218485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.706491, "energy": 42.04656, "activity_lines": [ 2.181333, 2.187091, 2.305905, 2.91188 ] }, { "date": "2025-07-25", "close": 2.24, "volume": 339753, "typical_volume": 5546213.45, "trend": 3.854747, "fair_value": 132.38909, "relative_strength": -59.858357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.04686, "energy": 44.963305, "activity_lines": [ 2.204, 2.193091, 2.272619, 2.793424 ] }, { "date": "2025-08-01", "close": 2.05, "volume": 15608346, "typical_volume": 6320413.25, "trend": 3.61808, "fair_value": 122.405308, "relative_strength": -61.57418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.250036, "energy": 51.435436, "activity_lines": [ 2.148667, 2.166364, 2.234476, 2.676988 ] }, { "date": "2025-08-08", "close": 2.18, "volume": 932553, "typical_volume": 6362500.4, "trend": 3.44108, "fair_value": 111.224667, "relative_strength": -59.906477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.119083, "energy": 45.659629, "activity_lines": [ 2.149333, 2.166, 2.217476, 2.584209 ] }, { "date": "2025-08-15", "close": 2.05, "volume": 842812, "typical_volume": 6400012.05, "trend": 3.250413, "fair_value": 101.630885, "relative_strength": -61.758117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.885872, "energy": 46.423934, "activity_lines": [ 2.115333, 2.142727, 2.194143, 2.494462 ] }, { "date": "2025-08-22", "close": 2.05, "volume": 283475, "typical_volume": 6394809.7, "trend": 3.06608, "fair_value": 92.15941, "relative_strength": -60.560082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.710922, "energy": 46.989116, "activity_lines": [ 2.088667, 2.125455, 2.176524, 2.417016 ] }, { "date": "2025-08-29", "close": 2.09, "volume": 234603, "typical_volume": 6381772.05, "trend": 2.906667, "fair_value": 82.711269, "relative_strength": -58.910688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.325959, "energy": 41.340521, "activity_lines": [ 2.080667, 2.115818, 2.163857, 2.354043 ] }, { "date": "2025-09-05", "close": 2.135, "volume": 212442, "typical_volume": 6263431.4, "trend": 2.7725, "fair_value": 74.816494, "relative_strength": -57.628197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.913574, "energy": 38.58148, "activity_lines": [ 2.097667, 2.113091, 2.15519, 2.304258 ] }, { "date": "2025-09-12", "close": 2.11, "volume": 319135, "typical_volume": 1593477.4, "trend": 2.6495, "fair_value": 67.611558, "relative_strength": -58.261735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.822854, "energy": 34.585995, "activity_lines": [ 2.100667, 2.107727, 2.142357, 2.261516 ] }, { "date": "2025-09-19", "close": 2.13, "volume": 309583, "typical_volume": 1548777.65, "trend": 2.5405, "fair_value": 62.550596, "relative_strength": -58.149266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.474742, "energy": 25.271254, "activity_lines": [ 2.115, 2.109636, 2.137048, 2.228 ] }, { "date": "2025-09-26", "close": 2.24, "volume": 469498, "typical_volume": 1548823.7, "trend": 2.4355, "fair_value": 57.603417, "relative_strength": -55.266768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.139684, "energy": 14.982338, "activity_lines": [ 2.160667, 2.132091, 2.14431, 2.208613 ] }, { "date": "2025-10-03", "close": 2.54, "volume": 930322, "typical_volume": 1362118.6, "trend": 2.352833, "fair_value": 52.542776, "relative_strength": -49.5698, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.312229, "energy": 16.339461, "activity_lines": [ 2.293667, 2.207091, 2.17981, 2.215355 ] }, { "date": "2025-10-10", "close": 2.25, "volume": 1508156, "typical_volume": 1410229.55, "trend": 2.298167, "fair_value": 47.780276, "relative_strength": -54.119963, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.276247, "energy": 18.472349, "activity_lines": [ 2.3, 2.223909, 2.186738, 2.20872 ] }, { "date": "2025-10-17", "close": 2.38, "volume": 791784, "typical_volume": 1440951.5, "trend": 2.2625, "fair_value": 43.23784, "relative_strength": -52.465893, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.66712, "energy": 24.61655, "activity_lines": [ 2.342, 2.260727, 2.20581, 2.214 ] }, { "date": "2025-10-24", "close": 2.23, "volume": 637525, "typical_volume": 1289283.2, "trend": 2.2285, "fair_value": 38.775212, "relative_strength": -55.676361, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.564283, "energy": 19.022036, "activity_lines": [ 2.316, 2.266636, 2.209833, 2.211903 ] }, { "date": "2025-10-31", "close": 2.18, "volume": 202611, "typical_volume": 1271914.75, "trend": 2.224833, "fair_value": 35.639186, "relative_strength": -55.757731, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.363965, "energy": 8.083929, "activity_lines": [ 2.266667, 2.260182, 2.20981, 2.208774 ] }, { "date": "2025-11-07", "close": 2.06, "volume": 264677, "typical_volume": 1278320.5, "trend": 2.225833, "fair_value": 33.425468, "relative_strength": -54.869671, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.11531, "energy": 12.402829, "activity_lines": [ 2.181333, 2.229545, 2.197833, 2.19814 ] }, { "date": "2025-11-14", "close": 2.06, "volume": 318923, "typical_volume": 1283561.25, "trend": 2.235833, "fair_value": 31.073289, "relative_strength": -52.743697, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.976979, "energy": 26.241796, "activity_lines": [ 2.128, 2.199455, 2.185667, 2.187441 ] }, { "date": "2025-11-21", "close": 1.59, "volume": 797958, "typical_volume": 1317964.1, "trend": 2.179167, "fair_value": 27.137327, "relative_strength": -61.311762, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -76.760706, "energy": 61.644293, "activity_lines": [ 1.930667, 2.085273, 2.129595, 2.145774 ] }, { "date": "2025-11-28", "close": 1.77, "volume": 224402, "typical_volume": 1296351.05, "trend": 2.1525, "fair_value": 24.667904, "relative_strength": -57.584611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.718471, "energy": 66.002961, "activity_lines": [ 1.846, 2.013273, 2.094095, 2.119376 ] }, { "date": "2025-12-05", "close": 1.64, "volume": 290006, "typical_volume": 1275928.2, "trend": 2.134833, "fair_value": 23.293801, "relative_strength": -59.590198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.896042, "energy": 71.325712, "activity_lines": [ 1.748667, 1.924182, 2.048071, 2.086312 ] }, { "date": "2025-12-12", "close": 1.425, "volume": 6998579, "typical_volume": 1608869.5, "trend": 2.104333, "fair_value": 22.205167, "relative_strength": -63.303478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.806186, "energy": 77.777727, "activity_lines": [ 1.615667, 1.806909, 1.983905, 2.040516 ] }, { "date": "2025-12-19", "close": 1.16, "volume": 792646, "typical_volume": 868084.5, "trend": 2.069667, "fair_value": 21.381718, "relative_strength": -68.991496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.711085, "energy": 81.134513, "activity_lines": [ 1.436667, 1.661727, 1.898381, 1.979591 ] }, { "date": "2025-12-26", "close": 1.1, "volume": 261629, "typical_volume": 834538.3, "trend": 2.032333, "fair_value": 20.523385, "relative_strength": -69.473919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.956915, "energy": 83.874424, "activity_lines": [ 1.297667, 1.525455, 1.811381, 1.917032 ] }, { "date": "2026-01-02", "close": 0.94, "volume": 735641, "typical_volume": 829179.75, "trend": 1.984333, "fair_value": 19.691718, "relative_strength": -71.942508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.139799, "energy": 88.359835, "activity_lines": [ 1.138, 1.383364, 1.714286, 1.846559 ] }, { "date": "2026-01-09", "close": 1.02, "volume": 586388, "typical_volume": 844325.4, "trend": 1.949333, "fair_value": 18.809218, "relative_strength": -68.759134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.458873, "energy": 86.299801, "activity_lines": [ 1.060333, 1.279273, 1.630095, 1.784344 ] }, { "date": "2026-01-16", "close": 0.8419, "volume": 540352, "typical_volume": 859612.85, "trend": 1.910063, "fair_value": 18.032884, "relative_strength": -72.614411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.227644, "energy": 89.693597, "activity_lines": [ 0.964633, 1.163891, 1.533848, 1.712897 ] }, { "date": "2026-01-23", "close": 0.859, "volume": 503820, "typical_volume": 874181.75, "trend": 1.86403, "fair_value": 17.230583, "relative_strength": -70.639895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.788733, "energy": 88.338557, "activity_lines": [ 0.913507, 1.073765, 1.445172, 1.645086 ] }, { "date": "2026-01-30", "close": 0.7262, "volume": 535588, "typical_volume": 885004.4, "trend": 1.811237, "fair_value": 16.410122, "relative_strength": -73.85477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.218784, "energy": 87.569678, "activity_lines": [ 0.83818, 0.981331, 1.349925, 1.571678 ] }, { "date": "2026-02-06", "close": 0.4614, "volume": 1106568, "typical_volume": 924853.65, "trend": 1.754617, "fair_value": 15.707849, "relative_strength": -82.206304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.492997, "energy": 90.086619, "activity_lines": [ 0.699507, 0.856456, 1.236048, 1.484592 ] }, { "date": "2026-02-13", "close": 0.435, "volume": 11360093, "typical_volume": 1469383.4, "trend": 1.698117, "fair_value": 15.035523, "relative_strength": -82.195182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.638991, "energy": 83.98739, "activity_lines": [ 0.58394, 0.750575, 1.127603, 1.399455 ] }, { "date": "2026-02-20", "close": 0.3975, "volume": 37345899, "typical_volume": 3290162.25, "trend": 1.6367, "fair_value": 14.446136, "relative_strength": -83.142421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.661334, "energy": 83.046878, "activity_lines": [ 0.494873, 0.659784, 1.024181, 1.315544 ] }, { "date": "2026-02-27", "close": 0.6232, "volume": 286425039, "typical_volume": 17536006.4, "trend": 1.58914, "fair_value": 13.835592, "relative_strength": -72.173532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.323114, "energy": 66.206425, "activity_lines": [ 0.510667, 0.628711, 0.952458, 1.250157 ] }, { "date": "2026-03-06", "close": 0.5471, "volume": 19703100, "typical_volume": 18481572.2, "trend": 1.53471, "fair_value": 13.187176, "relative_strength": -73.996997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.040275, "energy": 63.656358, "activity_lines": [ 0.516813, 0.593562, 0.881233, 1.182929 ] }, { "date": "2026-03-13", "close": 0.407, "volume": 2237767, "typical_volume": 18561584.3, "trend": 1.479943, "fair_value": 12.48617, "relative_strength": -79.62555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.961659, "energy": 64.960846, "activity_lines": [ 0.4882, 0.542993, 0.805393, 1.110173 ] }, { "date": "2026-03-20", "close": 0.5841, "volume": 10378434, "typical_volume": 19070375.45, "trend": 1.43108, "fair_value": 11.868106, "relative_strength": -69.077025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.115354, "energy": 56.005558, "activity_lines": [ 0.522247, 0.534315, 0.755101, 1.052377 ] }, { "date": "2026-03-27", "close": 0.5275, "volume": 1313441, "typical_volume": 19122813.65, "trend": 1.378997, "fair_value": 11.40418, "relative_strength": -70.075167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.187992, "energy": 49.817688, "activity_lines": [ 0.527487, 0.523271, 0.707019, 0.994082 ] }, { "date": "2026-04-03", "close": 0.6096, "volume": 1068568, "typical_volume": 19160295.9, "trend": 1.32815, "fair_value": 11.067703, "relative_strength": -65.818434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.308688, "energy": 45.19139, "activity_lines": [ 0.551427, 0.532871, 0.674052, 0.944443 ] }, { "date": "2026-04-10", "close": 0.4645, "volume": 1407376, "typical_volume": 19190766.8, "trend": 1.2733, "fair_value": 10.686921, "relative_strength": -74.465954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.790227, "energy": 43.409955, "activity_lines": [ 0.527907, 0.520624, 0.634174, 0.888724 ] }, { "date": "2026-04-17", "close": 0.5, "volume": 1445126, "typical_volume": 19251803.0, "trend": 1.218967, "fair_value": 10.337242, "relative_strength": -73.566471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.849694, "energy": 41.076219, "activity_lines": [ 0.521727, 0.519589, 0.603036, 0.838833 ] }, { "date": "2026-04-24", "close": 0.4142, "volume": 1273916, "typical_volume": 19300998.5, "trend": 1.158107, "fair_value": 9.97932, "relative_strength": -77.634679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.117889, "energy": 46.99067, "activity_lines": [ 0.480747, 0.502253, 0.569774, 0.786913 ] }, { "date": "2026-05-01", "close": 0.389, "volume": 1480360, "typical_volume": 19025087.55, "trend": 1.086407, "fair_value": 9.655852, "relative_strength": -78.622765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.782544, "energy": 50.534334, "activity_lines": [ 0.442693, 0.480713, 0.539949, 0.737293 ] }, { "date": "2026-05-08", "close": 0.3502, "volume": 1038766, "typical_volume": 19037393.55, "trend": 1.02308, "fair_value": 9.355212, "relative_strength": -81.227218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.413229, "energy": 53.759063, "activity_lines": [ 0.40094, 0.452273, 0.511362, 0.689796 ] }, { "date": "2026-05-15", "close": 0.2801, "volume": 97631271, "typical_volume": 23905875.65, "trend": 0.953083, "fair_value": 9.095469, "relative_strength": -84.468421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.033635, "energy": 65.911759, "activity_lines": [ 0.353113, 0.416051, 0.479956, 0.641862 ] }, { "date": "2026-05-22", "close": 0.3186, "volume": 5435770, "typical_volume": 24140882.1, "trend": 0.88937, "fair_value": 8.874435, "relative_strength": -82.016445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.297129, "energy": 69.318373, "activity_lines": [ 0.330413, 0.391684, 0.45612, 0.600927 ] }, { "date": "2026-05-29", "close": 0.281, "volume": 2434350, "typical_volume": 24233280.2, "trend": 0.82607, "fair_value": 8.649313, "relative_strength": -84.100579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.518325, "energy": 78.4765, "activity_lines": [ 0.307273, 0.362087, 0.431662, 0.561678 ] }, { "date": "2026-06-05", "close": 0.2541, "volume": 8086201, "typical_volume": 24610572.65, "trend": 0.765873, "fair_value": 8.429798, "relative_strength": -84.425679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.740493, "energy": 82.741877, "activity_lines": [ 0.284047, 0.333111, 0.408162, 0.524776 ] }, { "date": "2026-06-12", "close": 0.2512, "volume": 5457905, "typical_volume": 24858276.9, "trend": 0.70558, "fair_value": 8.203523, "relative_strength": -84.487527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.242378, "energy": 79.810945, "activity_lines": [ 0.268847, 0.308578, 0.387184, 0.491572 ] }, { "date": "2026-06-19", "close": 0.2713, "volume": 5335352, "typical_volume": 25098265.1, "trend": 0.661623, "fair_value": 8.011031, "relative_strength": -83.180715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.272575, "energy": 78.419407, "activity_lines": [ 0.266947, 0.294216, 0.371015, 0.463554 ] }, { "date": "2026-06-26", "close": 0.3009, "volume": 5870380, "typical_volume": 25336455.7, "trend": 0.612653, "fair_value": 7.839883, "relative_strength": -79.812292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.668089, "energy": 57.803602, "activity_lines": [ 0.2755, 0.288749, 0.359831, 0.440281 ] }, { "date": "2026-07-03", "close": 0.284, "volume": 1741197, "typical_volume": 24855510.9, "trend": 0.567453, "fair_value": 7.64555, "relative_strength": -80.436418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.992203, "energy": 53.204821, "activity_lines": [ 0.2796, 0.283829, 0.347802, 0.419078 ] }, { "date": "2026-07-10", "close": 0.2699, "volume": 2060027, "typical_volume": 23091217.3, "trend": 0.52895, "fair_value": 7.458819, "relative_strength": -81.107219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.820928, "energy": 48.1757, "activity_lines": [ 0.2788, 0.278713, 0.33515, 0.399881 ] }, { "date": "2026-07-17", "close": 0.2828, "volume": 21141569, "typical_volume": 9827043.8, "trend": 0.49971, "fair_value": 7.258708, "relative_strength": -78.635101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.310994, "energy": 43.560921, "activity_lines": [ 0.281247, 0.278107, 0.324333, 0.384 ] }, { "date": "2026-07-24", "close": 0.2614, "volume": 1256559, "typical_volume": 8904716.75, "trend": 0.471757, "fair_value": 7.066153, "relative_strength": -79.176789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.633654, "energy": 49.1364, "activity_lines": [ 0.274453, 0.274836, 0.313099, 0.368625 ] }, { "date": "2026-07-31", "close": 0.253, "volume": 1142471, "typical_volume": 8849951.95, "trend": 0.448857, "fair_value": 6.885083, "relative_strength": -79.227298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.152319, "energy": 50.309799, "activity_lines": [ 0.26552, 0.270378, 0.302426, 0.354512 ] }, { "date": "2026-08-07", "close": 0.5202, "volume": 825872158, "typical_volume": 49624638.15, "trend": 0.432197, "fair_value": 6.705725, "relative_strength": -57.947595, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.039901, "energy": 8.361417, "activity_lines": [ 0.348847, 0.315695, 0.317933, 0.359115 ] } ], "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." } } }