{ "ticker": { "uuid": "f9354ac3-87e7-430d-a63c-4132b1967e0f", "symbol": "MODD", "name": "Modular Medical 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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -74.3, "architecture_energy": 82.691, "architecture_maturity": 100.0, "architecture_confidence": 84.33, "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": 6.77, "rotation_up": 9.89, "upward_expansion": 18.84, "deceleration": 37.42, "rotation_down": 81.72, "downward_expansion": 96.84 }, "activity_lines": [ 2.536, 3.286907, 3.841885, 4.634709 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 2.2, "trend_reference": 6.43313, "distance_from_trend": -0.65802, "trend_direction": "Weakening", "fair_value": 32.221121, "distance_from_fair_value": -0.931722, "fair_value_direction": "Weakening", "relative_strength": -82.837578, "relative_strength_direction": "Weakening", "price_momentum": -0.832151, "excess_performance": -1.019604, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.65802, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.320353, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.931722, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.041647, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.828376, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.024414, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.832151, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.095139, "read": "Supply-led" } ], "volume": { "latest": 934041, "relative_activity": 1.064854, "balance": 0.095139, "dry_up": 1.063644, "accumulation_observations": 0, "distribution_observations": 4 }, "risk": { "range_context": 0.537696, "annualized_volatility": 1.303997, "from_high_reference": -0.926667, "from_low_reference": 0.145833 }, "levels": { "trend_reference": 6.43313, "fair_value_reference": 32.221121, "structural_low": 1.92, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": -0.051096, "positive_rate": 0.405405, "directional_follow_through": 0.594595, "median_excess_return": -0.06401, "regime_survival": 0.918919, "best_return": 0.41543, "worst_return": -0.627794, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": -0.228011, "positive_rate": 0.230769, "directional_follow_through": 0.769231, "median_excess_return": -0.178162, "regime_survival": 0.769231, "best_return": 0.460526, "worst_return": -0.652882, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.41896, "positive_rate": 0.142857, "directional_follow_through": 0.857143, "median_excess_return": -0.522889, "regime_survival": 0.714286, "best_return": 0.398176, "worst_return": -0.820727, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.415588, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.746716, "regime_survival": 0.75, "best_return": -0.226087, "worst_return": -0.88282, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-07-01", "end": "2022-10-14", "tenure": "Established", "return": -0.311155, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2022-10-21", "end": "2023-09-01", "tenure": "Extended", "return": -0.64526, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-08", "end": "2023-12-01", "tenure": "Established", "return": 0.192982, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-02-16", "tenure": "Developing", "return": 0.005747, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-23", "end": "2024-03-08", "tenure": "New", "return": 0.044944, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-04-05", "tenure": "New", "return": -0.131148, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-12", "end": "2024-07-19", "tenure": "Established", "return": -0.044586, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-26", "end": "2024-08-16", "tenure": "New", "return": 0.118421, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-08-30", "tenure": "New", "return": 0.045455, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-06", "end": "2024-09-13", "tenure": "New", "return": 0.026432, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2024-11-01", "tenure": "Developing", "return": -0.043478, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-12-06", "tenure": "Developing", "return": -0.235294, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": -0.238994, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2026-08-07", "tenure": "Extended", "return": -0.94359, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 36.6, "volume": 17698268, "typical_volume": 1097200.2, "trend": 46.1832, "fair_value": 210.582, "relative_strength": -56.529092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.799825, "energy": 36.726224, "activity_lines": [ 31.2538, 30.0954, 32.218771, 37.414413 ] }, { "date": "2023-08-25", "close": 37.8, "volume": 1968794, "typical_volume": 1193805.6, "trend": 44.9432, "fair_value": 210.685846, "relative_strength": -54.535153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.512916, "energy": 20.990343, "activity_lines": [ 33.828, 31.5852, 32.336886, 36.873561 ] }, { "date": "2023-09-01", "close": 34.8, "volume": 1505117, "typical_volume": 1267694.65, "trend": 43.5732, "fair_value": 210.770462, "relative_strength": -58.233138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.494433, "energy": 19.243868, "activity_lines": [ 34.784, 32.404091, 32.2435, 36.219161 ] }, { "date": "2023-09-08", "close": 34.2, "volume": 312940, "typical_volume": 1282083.5, "trend": 42.1832, "fair_value": 210.851231, "relative_strength": -57.088814, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.125046, "energy": 18.498182, "activity_lines": [ 35.12, 32.982927, 32.145829, 35.614439 ] }, { "date": "2023-09-15", "close": 39.6, "volume": 496532, "typical_volume": 1303869.1, "trend": 41.2032, "fair_value": 210.966615, "relative_strength": -48.461324, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.66528, "energy": 15.102326, "activity_lines": [ 36.76, 34.456255, 32.671014, 35.447781 ] }, { "date": "2023-09-22", "close": 34.8, "volume": 219655, "typical_volume": 1314495.3, "trend": 40.0632, "fair_value": 211.051231, "relative_strength": -51.37907, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.06906, "energy": 12.077177, "activity_lines": [ 36.16, 34.858309, 32.8162, 35.034671 ] }, { "date": "2023-09-29", "close": 34.8, "volume": 197010, "typical_volume": 1319803.1, "trend": 38.9232, "fair_value": 211.135846, "relative_strength": -49.643509, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.732283, "energy": 10.114371, "activity_lines": [ 35.68, 35.156727, 33.048529, 34.69511 ] }, { "date": "2023-10-06", "close": 30.9, "volume": 187102, "typical_volume": 1258789.4, "trend": 37.6132, "fair_value": 209.141615, "relative_strength": -54.651743, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.963827, "energy": 13.38697, "activity_lines": [ 34.1, 34.632, 32.937286, 34.177484 ] }, { "date": "2023-10-13", "close": 27.6, "volume": 157806, "typical_volume": 1242018.8, "trend": 36.6232, "fair_value": 207.126231, "relative_strength": -58.127317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.197666, "energy": 27.612527, "activity_lines": [ 31.68, 33.463636, 32.511757, 33.531471 ] }, { "date": "2023-10-20", "close": 29.799, "volume": 285482, "typical_volume": 1236905.55, "trend": 35.9665, "fair_value": 205.124942, "relative_strength": -52.025704, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.675252, "energy": 27.531517, "activity_lines": [ 30.433, 32.679818, 32.321371, 33.0912 ] }, { "date": "2023-10-27", "close": 31.5, "volume": 77550, "typical_volume": 1225040.0, "trend": 35.5665, "fair_value": 203.134558, "relative_strength": -46.567852, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.376392, "energy": 30.817097, "activity_lines": [ 30.4064, 32.208927, 32.308229, 32.803039 ] }, { "date": "2023-11-03", "close": 36.9, "volume": 283147, "typical_volume": 1231484.15, "trend": 35.017, "fair_value": 201.178788, "relative_strength": -39.421733, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.077293, "energy": 15.891877, "activity_lines": [ 32.3998, 32.812582, 32.813657, 32.889071 ] }, { "date": "2023-11-10", "close": 37.2, "volume": 171701, "typical_volume": 1227650.35, "trend": 34.727, "fair_value": 199.224942, "relative_strength": -38.9332, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.45409, "energy": 5.67825, "activity_lines": [ 34.3532, 33.487145, 33.319086, 33.02991 ] }, { "date": "2023-11-17", "close": 30.9, "volume": 261946, "typical_volume": 1234435.35, "trend": 33.857, "fair_value": 197.69225, "relative_strength": -48.918082, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.706181, "energy": 13.954856, "activity_lines": [ 33.7866, 32.972618, 33.178786, 32.783006 ] }, { "date": "2023-11-24", "close": 38.85, "volume": 133963, "typical_volume": 1235142.55, "trend": 33.292, "fair_value": 196.210519, "relative_strength": -34.106678, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.998752, "energy": 25.810254, "activity_lines": [ 35.65, 33.963545, 33.788471, 33.105135 ] }, { "date": "2023-12-01", "close": 40.8, "volume": 315021, "typical_volume": 1240332.35, "trend": 32.882, "fair_value": 195.895135, "relative_strength": -29.093005, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.419503, "energy": 57.092415, "activity_lines": [ 37.56, 35.322655, 34.535443, 33.589523 ] }, { "date": "2023-12-08", "close": 52.2, "volume": 387608, "typical_volume": 1252848.2, "trend": 33.267, "fair_value": 194.498981, "relative_strength": -7.687394, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.245058, "energy": 74.406342, "activity_lines": [ 42.65, 38.6454, 36.312414, 34.835845 ] }, { "date": "2023-12-15", "close": 51.3, "volume": 366477, "typical_volume": 1260124.2, "trend": 33.947, "fair_value": 192.664365, "relative_strength": -10.261446, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.41661, "energy": 81.202353, "activity_lines": [ 46.42, 41.488145, 37.890943, 35.999265 ] }, { "date": "2023-12-22", "close": 51.3, "volume": 375883, "typical_volume": 1273836.65, "trend": 34.557, "fair_value": 191.406673, "relative_strength": -9.889342, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.757607, "energy": 80.492181, "activity_lines": [ 49.25, 43.959982, 39.3609, 37.118813 ] }, { "date": "2023-12-29", "close": 54.6, "volume": 642541, "typical_volume": 1302227.15, "trend": 35.277, "fair_value": 189.881673, "relative_strength": -3.160739, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.559742, "energy": 82.811047, "activity_lines": [ 51.82, 46.600909, 41.028286, 38.41191 ] }, { "date": "2024-01-05", "close": 53.7, "volume": 387444, "typical_volume": 436685.95, "trend": 35.987, "fair_value": 188.350904, "relative_strength": 0.34912, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.059676, "energy": 72.731569, "activity_lines": [ 53.04, 48.627273, 42.492814, 39.60049 ] }, { "date": "2024-01-12", "close": 49.8, "volume": 556254, "typical_volume": 366058.95, "trend": 36.617, "fair_value": 185.237442, "relative_strength": -7.249328, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.952558, "energy": 48.312832, "activity_lines": [ 52.1, 49.540909, 43.504486, 40.491652 ] }, { "date": "2024-01-19", "close": 53.7, "volume": 923106, "typical_volume": 336958.4, "trend": 37.4871, "fair_value": 182.870135, "relative_strength": -0.191976, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.266062, "energy": 45.822189, "activity_lines": [ 52.62, 50.929091, 44.830443, 41.593781 ] }, { "date": "2024-01-26", "close": 57.3, "volume": 944996, "typical_volume": 368561.2, "trend": 38.4172, "fair_value": 180.641288, "relative_strength": 7.78036, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.068832, "energy": 45.5311, "activity_lines": [ 54.18, 52.671818, 46.409257, 42.872032 ] }, { "date": "2024-02-02", "close": 51.6, "volume": 332889, "typical_volume": 360379.05, "trend": 39.1812, "fair_value": 178.375904, "relative_strength": -2.178247, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.259673, "energy": 37.433083, "activity_lines": [ 53.44, 52.898182, 47.335214, 43.722535 ] }, { "date": "2024-02-09", "close": 46.2, "volume": 431139, "typical_volume": 370953.25, "trend": 39.7512, "fair_value": 176.075904, "relative_strength": -11.971152, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.237469, "energy": 27.478918, "activity_lines": [ 51.1, 51.910909, 47.689743, 44.175361 ] }, { "date": "2024-02-16", "close": 52.5, "volume": 3148462, "typical_volume": 518525.85, "trend": 40.5503, "fair_value": 172.950904, "relative_strength": 3.338182, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.896581, "energy": 23.781393, "activity_lines": [ 51.36, 51.970909, 48.589986, 44.997865 ] }, { "date": "2024-02-23", "close": 53.4, "volume": 1315805, "typical_volume": 574961.0, "trend": 41.3803, "fair_value": 170.408596, "relative_strength": 5.608392, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.949655, "energy": 21.447782, "activity_lines": [ 51.74, 52.189091, 49.491657, 45.826877 ] }, { "date": "2024-03-01", "close": 58.5, "volume": 2154901, "typical_volume": 674815.75, "trend": 42.4383, "fair_value": 167.90475, "relative_strength": 15.328451, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.860415, "energy": 30.098106, "activity_lines": [ 53.84, 53.296364, 50.7719, 46.931374 ] }, { "date": "2024-03-08", "close": 55.8, "volume": 611671, "typical_volume": 691125.2, "trend": 43.2983, "fair_value": 165.089365, "relative_strength": 13.925306, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.993495, "energy": 32.969962, "activity_lines": [ 54.96, 53.781818, 51.647857, 47.793419 ] }, { "date": "2024-03-15", "close": 54.9, "volume": 897300, "typical_volume": 732112.7, "trend": 43.9083, "fair_value": 162.268212, "relative_strength": 14.638674, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.502611, "energy": 31.664113, "activity_lines": [ 55.5, 54.081818, 52.314286, 48.541916 ] }, { "date": "2024-03-22", "close": 58.5, "volume": 691188, "typical_volume": 752514.75, "trend": 44.5983, "fair_value": 160.047058, "relative_strength": 19.19697, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.355785, "energy": 37.905829, "activity_lines": [ 56.66, 55.014545, 53.212143, 49.483316 ] }, { "date": "2024-03-29", "close": 55.5, "volume": 476922, "typical_volume": 767775.8, "trend": 45.2883, "fair_value": 157.575904, "relative_strength": 13.916054, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.497862, "energy": 29.497563, "activity_lines": [ 56.42, 55.243636, 53.721429, 50.186652 ] }, { "date": "2024-04-05", "close": 47.7, "volume": 683338, "typical_volume": 788845.4, "trend": 45.7383, "fair_value": 154.997058, "relative_strength": -0.246118, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.95848, "energy": 14.70929, "activity_lines": [ 53.44, 54.021818, 53.400714, 50.342245 ] }, { "date": "2024-04-12", "close": 47.1, "volume": 985826, "typical_volume": 831438.55, "trend": 45.9883, "fair_value": 152.697058, "relative_strength": -0.343136, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.659403, "energy": 7.868965, "activity_lines": [ 50.98, 52.865455, 52.942857, 50.430097 ] }, { "date": "2024-04-19", "close": 48.9, "volume": 318911, "typical_volume": 831633.05, "trend": 46.4583, "fair_value": 151.677827, "relative_strength": 10.607781, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.8287, "energy": 12.521464, "activity_lines": [ 49.7, 52.118182, 52.617143, 50.617948 ] }, { "date": "2024-04-26", "close": 47.4, "volume": 197472, "typical_volume": 822126.25, "trend": 46.8783, "fair_value": 150.002827, "relative_strength": 4.355473, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.035684, "energy": 14.476606, "activity_lines": [ 48.32, 51.049091, 52.11, 50.678703 ] }, { "date": "2024-05-03", "close": 48.3, "volume": 195272, "typical_volume": 813566.0, "trend": 47.4583, "fair_value": 147.860519, "relative_strength": 6.302797, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.890109, "energy": 15.832923, "activity_lines": [ 47.98, 50.236364, 51.711429, 50.770426 ] }, { "date": "2024-05-10", "close": 51.6, "volume": 206383, "typical_volume": 805091.0, "trend": 48.2583, "fair_value": 145.681673, "relative_strength": 12.064777, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.528905, "energy": 9.635856, "activity_lines": [ 49.22, 50.116364, 51.641429, 51.037632 ] }, { "date": "2024-05-17", "close": 53.1, "volume": 151865, "typical_volume": 780557.2, "trend": 49.035, "fair_value": 143.137442, "relative_strength": 12.325714, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.910931, "energy": 11.39439, "activity_lines": [ 50.7, 50.394545, 51.712857, 51.35 ] }, { "date": "2024-05-24", "close": 47.7, "volume": 266793, "typical_volume": 774524.65, "trend": 49.575, "fair_value": 140.564365, "relative_strength": -0.622014, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.201197, "energy": 7.101127, "activity_lines": [ 49.98, 49.74, 51.277143, 51.263871 ] }, { "date": "2024-05-31", "close": 48.9, "volume": 133367, "typical_volume": 753380.3, "trend": 49.975, "fair_value": 137.439365, "relative_strength": 3.233764, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.793024, "energy": 5.604086, "activity_lines": [ 49.74, 49.434545, 50.984286, 51.220323 ] }, { "date": "2024-06-07", "close": 47.55, "volume": 102612, "typical_volume": 712355.6, "trend": 50.32, "fair_value": 134.282635, "relative_strength": -2.463441, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.909225, "energy": 14.287428, "activity_lines": [ 48.95, 49.058182, 50.567143, 51.063871 ] }, { "date": "2024-06-14", "close": 49.2, "volume": 244166, "typical_volume": 677314.1, "trend": 50.93, "fair_value": 131.159558, "relative_strength": -2.818821, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.82978, "energy": 22.028089, "activity_lines": [ 48.76, 49.126364, 50.336429, 50.991613 ] }, { "date": "2024-06-21", "close": 44.4, "volume": 414323, "typical_volume": 681385.8, "trend": 51.115, "fair_value": 127.982635, "relative_strength": -12.733949, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.879648, "energy": 44.064957, "activity_lines": [ 47.13, 48.294545, 49.687143, 50.570323 ] }, { "date": "2024-06-28", "close": 47.4, "volume": 197122, "typical_volume": 669684.95, "trend": 51.335, "fair_value": 125.026865, "relative_strength": -7.095938, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.353578, "energy": 37.880173, "activity_lines": [ 47.08, 48.057273, 49.357857, 50.330645 ] }, { "date": "2024-07-05", "close": 44.7, "volume": 312400, "typical_volume": 527881.85, "trend": 51.085, "fair_value": 122.068212, "relative_strength": -15.570046, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.835169, "energy": 43.266122, "activity_lines": [ 46.15, 47.356364, 48.765714, 49.902581 ] }, { "date": "2024-07-12", "close": 47.7, "volume": 107939, "typical_volume": 467488.55, "trend": 50.965, "fair_value": 119.235519, "relative_strength": -9.969562, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.579038, "energy": 35.775764, "activity_lines": [ 46.5, 47.25, 48.496429, 49.684194 ] }, { "date": "2024-07-19", "close": 45.0, "volume": 199501, "typical_volume": 369718.55, "trend": 50.755, "fair_value": 116.235519, "relative_strength": -11.854762, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.512644, "energy": 29.300928, "activity_lines": [ 45.94, 46.663636, 47.997143, 49.299355 ] }, { "date": "2024-07-26", "close": 45.6, "volume": 147638, "typical_volume": 346516.9, "trend": 50.455, "fair_value": 113.787442, "relative_strength": -8.698998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.547224, "energy": 29.887523, "activity_lines": [ 45.86, 46.306364, 47.619286, 48.966774 ] }, { "date": "2024-08-02", "close": 42.6, "volume": 361865, "typical_volume": 319745.15, "trend": 50.085, "fair_value": 111.614365, "relative_strength": -12.354471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.265774, "energy": 32.134206, "activity_lines": [ 44.7, 45.54, 47.004286, 48.46 ] }, { "date": "2024-08-09", "close": 47.1, "volume": 420299, "typical_volume": 306200.7, "trend": 49.995, "fair_value": 109.550904, "relative_strength": -3.830514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.210807, "energy": 26.838839, "activity_lines": [ 45.36, 45.684545, 46.876429, 48.267419 ] }, { "date": "2024-08-16", "close": 51.0, "volume": 244343, "typical_volume": 294571.75, "trend": 49.905, "fair_value": 107.541288, "relative_strength": -1.342251, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.589111, "energy": 11.061082, "activity_lines": [ 47.16, 46.570909, 47.174286, 48.332258 ] }, { "date": "2024-08-23", "close": 52.8, "volume": 355553, "typical_volume": 278182.5, "trend": 49.755, "fair_value": 105.831673, "relative_strength": 0.985079, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.576993, "energy": 8.481579, "activity_lines": [ 49.34, 47.721818, 47.665, 48.519032 ] }, { "date": "2024-08-30", "close": 55.2, "volume": 228212, "typical_volume": 240301.8, "trend": 49.875, "fair_value": 104.195135, "relative_strength": 5.969947, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.891787, "energy": 24.494432, "activity_lines": [ 51.8, 49.243636, 48.36, 48.870323 ] }, { "date": "2024-09-06", "close": 68.1, "volume": 16420497, "typical_volume": 1045381.1, "trend": 50.605, "fair_value": 102.525904, "relative_strength": 37.337464, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.061691, "energy": 60.32913, "activity_lines": [ 57.92, 52.914545, 50.245, 50.046129 ] }, { "date": "2024-09-13", "close": 69.9, "volume": 3028226, "typical_volume": 1186918.8, "trend": 51.185, "fair_value": 100.989365, "relative_strength": 32.155269, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.196366, "energy": 80.445519, "activity_lines": [ 62.94, 56.536364, 52.21, 51.290968 ] }, { "date": "2024-09-20", "close": 69.0, "volume": 3319751, "typical_volume": 1343142.75, "trend": 51.705, "fair_value": 99.614365, "relative_strength": 27.536163, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.778605, "energy": 81.811333, "activity_lines": [ 66.14, 59.536364, 53.982143, 52.440323 ] }, { "date": "2024-09-27", "close": 68.4, "volume": 1390049, "typical_volume": 1402326.05, "trend": 52.035, "fair_value": 98.293212, "relative_strength": 24.223465, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.694273, "energy": 80.485017, "activity_lines": [ 67.94, 62.04, 55.598571, 53.517419 ] }, { "date": "2024-10-04", "close": 69.0, "volume": 541965, "typical_volume": 1421831.05, "trend": 52.475, "fair_value": 97.00475, "relative_strength": 23.980301, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.17504, "energy": 77.421493, "activity_lines": [ 68.9, 64.227273, 57.192143, 54.611935 ] }, { "date": "2024-10-11", "close": 64.2, "volume": 455317, "typical_volume": 1431257.25, "trend": 52.785, "fair_value": 95.743212, "relative_strength": 12.915596, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.815042, "energy": 50.506476, "activity_lines": [ 67.34, 65.116364, 58.252857, 55.368387 ] }, { "date": "2024-10-18", "close": 66.3, "volume": 248586, "typical_volume": 1437018.2, "trend": 53.045, "fair_value": 94.466288, "relative_strength": 15.394697, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.284786, "energy": 43.897583, "activity_lines": [ 66.74, 65.994545, 59.435, 56.240323 ] }, { "date": "2024-10-25", "close": 66.6, "volume": 272720, "typical_volume": 1445523.6, "trend": 53.415, "fair_value": 93.220135, "relative_strength": 14.907551, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.256596, "energy": 35.776525, "activity_lines": [ 66.48, 66.578182, 60.562857, 57.114839 ] }, { "date": "2024-11-01", "close": 66.0, "volume": 242169, "typical_volume": 1445423.75, "trend": 54.025, "fair_value": 91.710519, "relative_strength": 15.065713, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.104519, "energy": 31.773092, "activity_lines": [ 66.18, 66.769091, 61.542857, 57.926774 ] }, { "date": "2024-11-08", "close": 66.3, "volume": 894550, "typical_volume": 1469435.1, "trend": 54.665, "fair_value": 90.058596, "relative_strength": 9.049729, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.426614, "energy": 31.248578, "activity_lines": [ 66.14, 66.774545, 62.471429, 58.71871 ] }, { "date": "2024-11-15", "close": 62.1, "volume": 564887, "typical_volume": 1487823.35, "trend": 55.105, "fair_value": 88.581673, "relative_strength": 4.996382, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.505827, "energy": 24.578493, "activity_lines": [ 64.88, 65.814545, 62.895714, 59.198387 ] }, { "date": "2024-11-22", "close": 50.4, "volume": 2119730, "typical_volume": 1578189.85, "trend": 55.205, "fair_value": 86.943212, "relative_strength": -16.328408, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.82045, "energy": 11.901572, "activity_lines": [ 59.86, 62.836364, 62.135714, 58.894839 ] }, { "date": "2024-11-29", "close": 51.0, "volume": 932426, "typical_volume": 1619414.2, "trend": 55.295, "fair_value": 85.327827, "relative_strength": -15.916492, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.036714, "energy": 18.773355, "activity_lines": [ 56.1, 60.321818, 61.405714, 58.623548 ] }, { "date": "2024-12-06", "close": 50.7, "volume": 1255497, "typical_volume": 1672214.0, "trend": 55.265, "fair_value": 83.614365, "relative_strength": -18.572544, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.138231, "energy": 36.10793, "activity_lines": [ 53.28, 58.08, 60.631429, 58.327097 ] }, { "date": "2024-12-13", "close": 47.7, "volume": 361768, "typical_volume": 1682920.5, "trend": 55.085, "fair_value": 82.189365, "relative_strength": -23.508926, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.510891, "energy": 57.483584, "activity_lines": [ 50.48, 55.614545, 59.544286, 57.839032 ] }, { "date": "2024-12-20", "close": 41.7, "volume": 1712609, "typical_volume": 1750457.7, "trend": 54.885, "fair_value": 80.87975, "relative_strength": -31.083353, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.704975, "energy": 69.517159, "activity_lines": [ 46.92, 52.445455, 57.875714, 56.975484 ] }, { "date": "2024-12-27", "close": 42.9, "volume": 504841, "typical_volume": 1754684.8, "trend": 54.685, "fair_value": 79.537442, "relative_strength": -29.134716, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.165229, "energy": 67.362386, "activity_lines": [ 45.12, 49.903636, 56.325714, 56.202258 ] }, { "date": "2025-01-03", "close": 43.5, "volume": 390556, "typical_volume": 1761995.45, "trend": 54.55, "fair_value": 77.414365, "relative_strength": -26.958349, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.924885, "energy": 68.129929, "activity_lines": [ 44.02, 47.896364, 54.852857, 55.480645 ] }, { "date": "2025-01-10", "close": 39.6, "volume": 252397, "typical_volume": 1756837.65, "trend": 54.23, "fair_value": 76.12975, "relative_strength": -31.506289, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.493879, "energy": 72.581338, "activity_lines": [ 42.12, 45.6, 53.044286, 54.516129 ] }, { "date": "2025-01-17", "close": 36.3, "volume": 339372, "typical_volume": 1762395.65, "trend": 53.96, "fair_value": 74.247058, "relative_strength": -38.354782, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.859175, "energy": 83.100079, "activity_lines": [ 39.86, 43.183636, 50.984286, 53.359355 ] }, { "date": "2025-01-24", "close": 39.0, "volume": 321507, "typical_volume": 957446.15, "trend": 53.68, "fair_value": 72.237442, "relative_strength": -34.055472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.076248, "energy": 75.037403, "activity_lines": [ 39.26, 41.803636, 49.271429, 52.394194 ] }, { "date": "2025-01-31", "close": 38.4, "volume": 267514, "typical_volume": 819410.55, "trend": 53.47, "fair_value": 70.57975, "relative_strength": -33.61482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.815076, "energy": 71.51807, "activity_lines": [ 38.64, 40.734545, 47.64, 51.408387 ] }, { "date": "2025-02-07", "close": 36.3, "volume": 333503, "typical_volume": 670098.15, "trend": 53.09, "fair_value": 69.993212, "relative_strength": -36.916478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.708892, "energy": 67.671599, "activity_lines": [ 37.62, 39.501818, 45.958571, 50.300645 ] }, { "date": "2025-02-14", "close": 33.0, "volume": 331194, "typical_volume": 617155.4, "trend": 52.69, "fair_value": 69.625904, "relative_strength": -43.670579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.850755, "energy": 68.8038, "activity_lines": [ 35.98, 37.936364, 44.118571, 49.004516 ] }, { "date": "2025-02-21", "close": 32.4, "volume": 306297, "typical_volume": 605372.0, "trend": 52.25, "fair_value": 69.200904, "relative_strength": -42.805553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.204423, "energy": 86.676434, "activity_lines": [ 34.58, 36.583636, 42.39, 47.695484 ] }, { "date": "2025-02-28", "close": 25.38, "volume": 416847, "typical_volume": 603448.5, "trend": 51.676, "fair_value": 68.596288, "relative_strength": -52.928363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.346577, "energy": 94.008833, "activity_lines": [ 31.1, 34.232727, 40.167143, 45.961935 ] }, { "date": "2025-03-07", "close": 26.328, "volume": 559705, "typical_volume": 619004.45, "trend": 50.9836, "fair_value": 67.909288, "relative_strength": -48.854819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.558513, "energy": 91.343741, "activity_lines": [ 28.844, 32.350909, 38.219429, 44.326581 ] }, { "date": "2025-03-14", "close": 26.97, "volume": 266459, "typical_volume": 618691.4, "trend": 50.1826, "fair_value": 67.351404, "relative_strength": -45.572313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.225604, "energy": 87.996698, "activity_lines": [ 27.6068, 30.887127, 36.5232, 42.777316 ] }, { "date": "2025-03-21", "close": 34.2, "volume": 983426, "typical_volume": 655754.25, "trend": 49.5626, "fair_value": 66.753327, "relative_strength": -30.366291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.610115, "energy": 64.980148, "activity_lines": [ 29.4016, 31.038436, 35.704257, 41.746181 ] }, { "date": "2025-03-28", "close": 33.0, "volume": 727866, "typical_volume": 647420.05, "trend": 48.8226, "fair_value": 66.147558, "relative_strength": -30.481017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.265511, "energy": 54.580495, "activity_lines": [ 30.7164, 31.069745, 34.922457, 40.677626 ] }, { "date": "2025-04-04", "close": 26.4, "volume": 970453, "typical_volume": 667698.35, "trend": 47.4326, "fair_value": 65.512942, "relative_strength": -37.746735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.479403, "energy": 53.231042, "activity_lines": [ 29.7912, 29.961055, 33.670657, 39.231006 ] }, { "date": "2025-04-11", "close": 26.595, "volume": 840995, "typical_volume": 603761.6, "trend": 45.9891, "fair_value": 64.868038, "relative_strength": -41.106241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.790751, "energy": 48.048538, "activity_lines": [ 28.863, 29.116909, 32.607429, 37.886645 ] }, { "date": "2025-04-18", "close": 26.64, "volume": 221277, "typical_volume": 568204.15, "trend": 44.5771, "fair_value": 64.192654, "relative_strength": -38.945295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.637643, "energy": 50.571506, "activity_lines": [ 27.932, 28.495582, 31.661843, 36.638316 ] }, { "date": "2025-04-25", "close": 27.9, "volume": 243302, "typical_volume": 517594.4, "trend": 43.2271, "fair_value": 63.500346, "relative_strength": -39.295352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.678272, "energy": 49.897618, "activity_lines": [ 27.443, 28.278982, 30.952257, 35.562374 ] }, { "date": "2025-05-02", "close": 31.2, "volume": 847847, "typical_volume": 541898.35, "trend": 41.9671, "fair_value": 62.856115, "relative_strength": -33.749032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.430426, "energy": 40.158045, "activity_lines": [ 28.474, 28.755109, 30.665529, 34.786432 ] }, { "date": "2025-05-09", "close": 30.0, "volume": 525817, "typical_volume": 482558.75, "trend": 40.8271, "fair_value": 62.214308, "relative_strength": -35.464028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.349012, "energy": 29.071635, "activity_lines": [ 29.225, 29.034873, 30.343086, 34.014361 ] }, { "date": "2025-05-16", "close": 29.1, "volume": 354231, "typical_volume": 475028.25, "trend": 39.5871, "fair_value": 61.510462, "relative_strength": -40.678195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.198098, "energy": 23.455313, "activity_lines": [ 29.436, 29.067, 29.990643, 33.257774 ] }, { "date": "2025-05-23", "close": 25.584, "volume": 285195, "typical_volume": 469760.2, "trend": 38.2199, "fair_value": 60.759077, "relative_strength": -45.98667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.511287, "energy": 30.295285, "activity_lines": [ 28.308, 28.409455, 29.369057, 32.354348 ] }, { "date": "2025-05-30", "close": 25.8, "volume": 276045, "typical_volume": 470942.6, "trend": 36.8799, "fair_value": 60.014846, "relative_strength": -45.90129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.456811, "energy": 34.96771, "activity_lines": [ 27.3224, 27.816382, 28.853357, 31.553065 ] }, { "date": "2025-06-06", "close": 25.32, "volume": 633245, "typical_volume": 485636.25, "trend": 35.5139, "fair_value": 59.284846, "relative_strength": -47.378919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.661571, "energy": 38.986834, "activity_lines": [ 26.3168, 27.288764, 28.357657, 30.807265 ] }, { "date": "2025-06-13", "close": 23.1, "volume": 405602, "typical_volume": 489841.0, "trend": 34.2139, "fair_value": 58.473308, "relative_strength": -51.107238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.343162, "energy": 51.237184, "activity_lines": [ 24.9632, 26.497145, 27.702814, 30.006368 ] }, { "date": "2025-06-20", "close": 22.8, "volume": 425523, "typical_volume": 497741.45, "trend": 33.2939, "fair_value": 57.596385, "relative_strength": -51.209671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.892866, "energy": 60.270044, "activity_lines": [ 23.9696, 25.710982, 27.095114, 29.269987 ] }, { "date": "2025-06-27", "close": 20.367, "volume": 2022334, "typical_volume": 582183.0, "trend": 32.2728, "fair_value": 56.74425, "relative_strength": -57.580677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.573426, "energy": 66.602509, "activity_lines": [ 22.585, 24.551455, 26.329986, 28.435994 ] }, { "date": "2025-07-04", "close": 21.906, "volume": 857459, "typical_volume": 608496.25, "trend": 31.313, "fair_value": 55.913519, "relative_strength": -54.531035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.25088, "energy": 65.589237, "activity_lines": [ 22.0612, 23.7858, 25.7873, 27.767168 ] }, { "date": "2025-07-11", "close": 21.3, "volume": 366712, "typical_volume": 611517.0, "trend": 30.433, "fair_value": 55.155827, "relative_strength": -55.043797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.42092, "energy": 65.427101, "activity_lines": [ 21.595, 23.018945, 25.239729, 27.121168 ] }, { "date": "2025-07-18", "close": 20.709, "volume": 656273, "typical_volume": 623488.3, "trend": 29.7333, "fair_value": 54.480885, "relative_strength": -56.267263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.450122, "energy": 60.814357, "activity_lines": [ 21.1998, 22.324636, 24.688729, 26.493813 ] }, { "date": "2025-07-25", "close": 21.42, "volume": 374244, "typical_volume": 614215.25, "trend": 29.0173, "fair_value": 53.8355, "relative_strength": -54.539507, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.643872, "energy": 45.997777, "activity_lines": [ 21.201, 21.928527, 24.227686, 25.957471 ] }, { "date": "2025-08-01", "close": 21.45, "volume": 307445, "typical_volume": 616264.55, "trend": 28.2823, "fair_value": 53.082615, "relative_strength": -52.830668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.699088, "energy": 43.352443, "activity_lines": [ 21.3042, 21.677509, 23.792871, 25.469258 ] }, { "date": "2025-08-08", "close": 22.47, "volume": 636698, "typical_volume": 598928.15, "trend": 27.7113, "fair_value": 52.327615, "relative_strength": -51.61682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.059965, "energy": 37.6303, "activity_lines": [ 21.6752, 21.687109, 23.481486, 25.094271 ] }, { "date": "2025-08-15", "close": 21.597, "volume": 268385, "typical_volume": 575954.1, "trend": 27.2212, "fair_value": 51.594904, "relative_strength": -52.931255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.914646, "energy": 30.25769, "activity_lines": [ 21.7176, 21.598527, 23.142814, 24.6998 ] }, { "date": "2025-08-22", "close": 21.6, "volume": 372010, "typical_volume": 546031.95, "trend": 26.6412, "fair_value": 50.84875, "relative_strength": -51.630099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.250276, "energy": 29.335479, "activity_lines": [ 21.7412, 21.578182, 22.858729, 24.337142 ] }, { "date": "2025-08-29", "close": 21.681, "volume": 239130, "typical_volume": 515938.7, "trend": 26.0839, "fair_value": 50.058885, "relative_strength": -50.354693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.384592, "energy": 26.263757, "activity_lines": [ 21.7324, 21.599836, 22.605214, 24.017129 ] }, { "date": "2025-09-05", "close": 21.489, "volume": 218121, "typical_volume": 515780.9, "trend": 25.5902, "fair_value": 49.33125, "relative_strength": -49.824461, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.750279, "energy": 27.803129, "activity_lines": [ 21.6422, 21.606927, 22.356814, 23.720684 ] }, { "date": "2025-09-12", "close": 22.5, "volume": 20822979, "typical_volume": 1544764.75, "trend": 25.2402, "fair_value": 48.637019, "relative_strength": -46.909053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.064397, "energy": 21.687766, "activity_lines": [ 21.8864, 21.777436, 22.229229, 23.521316 ] }, { "date": "2025-09-19", "close": 22.833, "volume": 3186100, "typical_volume": 1661677.4, "trend": 24.9213, "fair_value": 47.925692, "relative_strength": -45.73681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.843411, "energy": 17.083033, "activity_lines": [ 22.2396, 21.997691, 22.159071, 23.366013 ] }, { "date": "2025-09-26", "close": 21.126, "volume": 1359437, "typical_volume": 1703358.4, "trend": 24.7795, "fair_value": 47.268808, "relative_strength": -48.063139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.213665, "energy": 20.089138, "activity_lines": [ 21.9414, 21.879709, 21.966186, 23.121155 ] }, { "date": "2025-10-03", "close": 20.391, "volume": 1447161, "typical_volume": 1758004.9, "trend": 24.5816, "fair_value": 46.714904, "relative_strength": -48.906767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.745314, "energy": 27.572227, "activity_lines": [ 21.4298, 21.620509, 21.745557, 22.838026 ] }, { "date": "2025-10-10", "close": 18.9, "volume": 1262740, "typical_volume": 1806882.15, "trend": 24.3126, "fair_value": 46.159135, "relative_strength": -50.111727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.056278, "energy": 44.24519, "activity_lines": [ 20.5072, 21.108927, 21.4244, 22.471471 ] }, { "date": "2025-10-17", "close": 17.325, "volume": 2020571, "typical_volume": 1894108.45, "trend": 23.7501, "fair_value": 45.641346, "relative_strength": -53.897907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.533794, "energy": 66.418503, "activity_lines": [ 19.2322, 20.357345, 20.985071, 22.020658 ] }, { "date": "2025-10-24", "close": 16.536, "volume": 859601, "typical_volume": 1905426.25, "trend": 23.2013, "fair_value": 45.170423, "relative_strength": -55.444158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.969851, "energy": 73.869292, "activity_lines": [ 18.0392, 19.555855, 20.510957, 21.555232 ] }, { "date": "2025-10-31", "close": 14.847, "volume": 1074697, "typical_volume": 1938881.0, "trend": 22.8162, "fair_value": 44.652135, "relative_strength": -59.291618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.394015, "energy": 80.242507, "activity_lines": [ 16.703, 18.539291, 19.917814, 21.016245 ] }, { "date": "2025-11-07", "close": 15.6, "volume": 28688894, "typical_volume": 3352049.55, "trend": 22.4497, "fair_value": 44.127135, "relative_strength": -54.293448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.754164, "energy": 74.87774, "activity_lines": [ 16.0364, 17.782418, 19.435686, 20.550684 ] }, { "date": "2025-11-14", "close": 15.999, "volume": 2053298, "typical_volume": 3353597.75, "trend": 22.095, "fair_value": 43.679692, "relative_strength": -51.396083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.421997, "energy": 65.84538, "activity_lines": [ 15.8222, 17.208655, 19.025843, 20.13451 ] }, { "date": "2025-11-21", "close": 13.326, "volume": 1638731, "typical_volume": 3392661.35, "trend": 21.6092, "fair_value": 43.076654, "relative_strength": -57.041665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.929565, "energy": 61.804316, "activity_lines": [ 14.9104, 16.248709, 18.382229, 19.568768 ] }, { "date": "2025-11-28", "close": 11.829, "volume": 1014008, "typical_volume": 3425026.15, "trend": 20.9635, "fair_value": 42.589019, "relative_strength": -62.548019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.459423, "energy": 56.52399, "activity_lines": [ 13.7662, 15.183382, 17.6369, 18.937787 ] }, { "date": "2025-12-05", "close": 13.692, "volume": 1322503, "typical_volume": 3458337.65, "trend": 20.4199, "fair_value": 42.122942, "relative_strength": -55.833676, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.55773, "energy": 50.363837, "activity_lines": [ 13.5568, 14.656855, 17.1141, 18.468658 ] }, { "date": "2025-12-12", "close": 10.371, "volume": 5330974, "typical_volume": 3706174.15, "trend": 19.7956, "fair_value": 41.681731, "relative_strength": -64.898785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.023317, "energy": 73.643804, "activity_lines": [ 12.3174, 13.661673, 16.308429, 17.820342 ] }, { "date": "2025-12-19", "close": 10.23, "volume": 3474541, "typical_volume": 3864528.95, "trend": 19.2838, "fair_value": 41.364423, "relative_strength": -64.661673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.160522, "energy": 78.973604, "activity_lines": [ 11.3796, 12.823036, 15.541943, 17.203206 ] }, { "date": "2025-12-26", "close": 11.898, "volume": 1826870, "typical_volume": 3924037.55, "trend": 18.8204, "fair_value": 41.056077, "relative_strength": -58.319998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.203531, "energy": 66.595943, "activity_lines": [ 11.3824, 12.445309, 14.987743, 16.726703 ] }, { "date": "2026-01-02", "close": 11.547, "volume": 903579, "typical_volume": 3955797.25, "trend": 18.3613, "fair_value": 40.649346, "relative_strength": -57.674361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.325533, "energy": 61.448647, "activity_lines": [ 11.3634, 12.102436, 14.450457, 16.257452 ] }, { "date": "2026-01-09", "close": 14.646, "volume": 2253734, "typical_volume": 4049883.45, "trend": 18.0795, "fair_value": 40.174019, "relative_strength": -46.192781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.870443, "energy": 39.611856, "activity_lines": [ 12.3962, 12.413727, 14.256171, 16.017755 ] }, { "date": "2026-01-16", "close": 14.25, "volume": 889712, "typical_volume": 4082412.55, "trend": 17.7945, "fair_value": 39.722096, "relative_strength": -46.071572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.183854, "energy": 25.339731, "activity_lines": [ 13.2334, 12.656673, 14.057286, 15.77069 ] }, { "date": "2026-01-23", "close": 14.001, "volume": 612488, "typical_volume": 4102130.9, "trend": 17.5823, "fair_value": 39.331077, "relative_strength": -45.877335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.91895, "energy": 20.550373, "activity_lines": [ 13.729, 12.878891, 13.870071, 15.525948 ] }, { "date": "2026-01-30", "close": 13.53, "volume": 798903, "typical_volume": 3100927.1, "trend": 17.3031, "fair_value": 38.931269, "relative_strength": -46.33131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.763154, "energy": 20.91119, "activity_lines": [ 13.8162, 13.0518, 13.673657, 15.26451 ] }, { "date": "2026-02-06", "close": 13.107, "volume": 1267145, "typical_volume": 3004979.35, "trend": 17.03, "fair_value": 38.52875, "relative_strength": -45.724364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.399551, "energy": 17.790685, "activity_lines": [ 13.6536, 13.144091, 13.479671, 14.993794 ] }, { "date": "2026-02-13", "close": 13.602, "volume": 746434, "typical_volume": 2974329.2, "trend": 16.7931, "fair_value": 38.173635, "relative_strength": -41.849339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.212155, "energy": 18.015635, "activity_lines": [ 13.552, 13.303145, 13.379143, 14.772632 ] }, { "date": "2026-02-20", "close": 14.766, "volume": 1154846, "typical_volume": 2959713.45, "trend": 16.5713, "fair_value": 37.825981, "relative_strength": -36.402786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.953786, "energy": 11.484683, "activity_lines": [ 13.908, 13.675473, 13.4253, 14.641852 ] }, { "date": "2026-02-27", "close": 7.413, "volume": 3736652, "typical_volume": 3083409.05, "trend": 16.1034, "fair_value": 37.431192, "relative_strength": -67.367168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.525, "energy": 44.226623, "activity_lines": [ 11.7786, 12.630982, 12.797957, 14.050994 ] }, { "date": "2026-03-06", "close": 5.97, "volume": 23354136, "typical_volume": 4150087.3, "trend": 15.5534, "fair_value": 37.019462, "relative_strength": -72.77528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.224671, "energy": 70.685666, "activity_lines": [ 9.6074, 11.375345, 12.087886, 13.397226 ] }, { "date": "2026-03-13", "close": 6.732, "volume": 6902289, "typical_volume": 4452221.7, "trend": 15.0579, "fair_value": 36.695308, "relative_strength": -68.233867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.908062, "energy": 79.328895, "activity_lines": [ 8.1942, 10.366036, 11.504457, 12.828103 ] }, { "date": "2026-03-20", "close": 5.496, "volume": 4242336, "typical_volume": 4610603.65, "trend": 14.5211, "fair_value": 36.413231, "relative_strength": -72.631861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.789225, "energy": 84.657875, "activity_lines": [ 6.794, 9.219545, 10.85, 12.211206 ] }, { "date": "2026-03-27", "close": 4.707, "volume": 6319318, "typical_volume": 3492124.85, "trend": 13.9553, "fair_value": 36.164558, "relative_strength": -74.908551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.398136, "energy": 86.377387, "activity_lines": [ 5.6712, 8.095964, 10.164929, 11.578039 ] }, { "date": "2026-04-03", "close": 5.01, "volume": 3004910, "typical_volume": 3539705.45, "trend": 13.406, "fair_value": 35.854462, "relative_strength": -73.487341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.308897, "energy": 82.194876, "activity_lines": [ 5.32, 7.200982, 9.560586, 11.000923 ] }, { "date": "2026-04-10", "close": 4.91, "volume": 727564, "typical_volume": 3494147.1, "trend": 12.819667, "fair_value": 35.591705, "relative_strength": -74.350617, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.455554, "energy": 78.472607, "activity_lines": [ 5.095667, 6.451291, 8.999048, 10.452794 ] }, { "date": "2026-04-17", "close": 5.86, "volume": 261315, "typical_volume": 3456512.45, "trend": 12.2539, "fair_value": 35.263885, "relative_strength": -70.233975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.283879, "energy": 58.51146, "activity_lines": [ 5.258667, 6.031055, 8.568062, 10.003783 ] }, { "date": "2026-04-24", "close": 4.86, "volume": 192278, "typical_volume": 3400001.2, "trend": 11.7117, "fair_value": 34.937346, "relative_strength": -75.022662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.597576, "energy": 55.113857, "activity_lines": [ 5.146467, 5.560764, 8.070262, 9.526757 ] }, { "date": "2026-05-01", "close": 4.14, "volume": 132660, "typical_volume": 3140085.5, "trend": 11.17, "fair_value": 34.6235, "relative_strength": -78.219391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.196465, "energy": 55.613614, "activity_lines": [ 4.836667, 5.118509, 7.545948, 9.03826 ] }, { "date": "2026-05-08", "close": 3.78, "volume": 76537, "typical_volume": 2970185.3, "trend": 10.666, "fair_value": 34.387154, "relative_strength": -80.396134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.920549, "energy": 55.399691, "activity_lines": [ 4.444667, 4.804, 7.017019, 8.561486 ] }, { "date": "2026-05-15", "close": 3.37, "volume": 89516, "typical_volume": 2883317.6, "trend": 10.200833, "fair_value": 34.210679, "relative_strength": -81.804265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.592741, "energy": 57.749634, "activity_lines": [ 3.998, 4.481, 6.479757, 8.090776 ] }, { "date": "2026-05-22", "close": 4.34, "volume": 155271, "typical_volume": 2845902.2, "trend": 9.7943, "fair_value": 34.026962, "relative_strength": -76.06628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.421299, "energy": 54.188825, "activity_lines": [ 3.977333, 4.381636, 6.075486, 7.712658 ] }, { "date": "2026-05-29", "close": 4.98, "volume": 91758, "typical_volume": 2737803.4, "trend": 9.4654, "fair_value": 33.847346, "relative_strength": -72.403559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.854173, "energy": 65.651726, "activity_lines": [ 4.271333, 4.442127, 5.766486, 7.402058 ] }, { "date": "2026-06-05", "close": 4.6399, "volume": 71202, "typical_volume": 2696877.9, "trend": 9.100063, "fair_value": 33.669397, "relative_strength": -72.169656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.653954, "energy": 62.93854, "activity_lines": [ 4.443967, 4.450164, 5.471124, 7.090735 ] }, { "date": "2026-06-12", "close": 4.77, "volume": 101017, "typical_volume": 2671304.35, "trend": 8.725763, "fair_value": 33.501897, "relative_strength": -71.158105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.217962, "energy": 44.732443, "activity_lines": [ 4.62664, 4.483075, 5.233915, 6.811377 ] }, { "date": "2026-06-19", "close": 5.15, "volume": 245171, "typical_volume": 2643617.75, "trend": 8.45323, "fair_value": 33.358006, "relative_strength": -68.713648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.813798, "energy": 35.531893, "activity_lines": [ 4.86998, 4.58944, 5.076853, 6.580682 ] }, { "date": "2026-06-26", "close": 4.94, "volume": 1449242, "typical_volume": 2652722.6, "trend": 8.223597, "fair_value": 33.20123, "relative_strength": -67.730373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.951961, "energy": 32.239369, "activity_lines": [ 4.924653, 4.65326, 4.939697, 6.354022 ] }, { "date": "2026-07-03", "close": 4.6, "volume": 696113, "typical_volume": 2650206.55, "trend": 7.92053, "fair_value": 33.046871, "relative_strength": -69.306764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.766716, "energy": 31.39888, "activity_lines": [ 4.825993, 4.671989, 4.80905, 6.120242 ] }, { "date": "2026-07-10", "close": 3.99, "volume": 197286, "typical_volume": 2602328.55, "trend": 7.70783, "fair_value": 32.88591, "relative_strength": -73.035172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.768206, "energy": 40.712622, "activity_lines": [ 4.549333, 4.584536, 4.663174, 5.866659 ] }, { "date": "2026-07-17", "close": 2.98, "volume": 1156708, "typical_volume": 2473331.35, "trend": 7.466163, "fair_value": 32.722147, "relative_strength": -78.317226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.445375, "energy": 52.194935, "activity_lines": [ 3.979333, 4.316175, 4.472422, 5.561638 ] }, { "date": "2026-07-24", "close": 2.51, "volume": 1144636, "typical_volume": 1362856.35, "trend": 7.15323, "fair_value": 32.555544, "relative_strength": -80.800155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.957768, "energy": 68.348443, "activity_lines": [ 3.372, 3.976904, 4.258018, 5.241885 ] }, { "date": "2026-07-31", "close": 2.39, "volume": 496532, "typical_volume": 1042568.5, "trend": 6.847997, "fair_value": 32.399326, "relative_strength": -81.1463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.409323, "energy": 79.815489, "activity_lines": [ 2.900667, 3.631451, 4.048661, 4.93458 ] }, { "date": "2026-08-07", "close": 2.2, "volume": 934041, "typical_volume": 877153.75, "trend": 6.43313, "fair_value": 32.221121, "relative_strength": -82.837578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.299923, "energy": 82.690565, "activity_lines": [ 2.536, 3.286907, 3.841885, 4.634709 ] } ], "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." } } }