{ "ticker": { "uuid": "fb5a0558-6481-4369-8891-99b3d0b963ba", "symbol": "CHECK", "name": "Checkin.Com Group AB (publ)", "exchange": "STO", "country": "SE", "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": "^OMX", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -60.286, "architecture_energy": 47.965, "architecture_maturity": 15.878, "architecture_confidence": 92.468, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 23.45, "rotation_up": 15.43, "upward_expansion": 8.11, "deceleration": 42.7, "rotation_down": 64.58, "downward_expansion": 86.11 }, "activity_lines": [ 2.539333, 2.612364, 2.789095, 2.799161 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 2.52, "trend_reference": 2.875, "distance_from_trend": -0.123478, "trend_direction": "Weakening", "fair_value": 17.48141, "distance_from_fair_value": -0.855847, "fair_value_direction": "Weakening", "relative_strength": -46.406933, "relative_strength_direction": "Improving", "price_momentum": -0.030769, "excess_performance": -0.092264, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.123478, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.229911, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.855847, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.00836, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.464069, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.056153, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.030769, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.514382, "read": "Supply-led" } ], "volume": { "latest": 35258, "relative_activity": 0.392689, "balance": 0.514382, "dry_up": 0.829674, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.145604, "annualized_volatility": 0.615999, "from_high_reference": -0.696386, "from_low_reference": 0.247525 }, "levels": { "trend_reference": 2.875, "fair_value_reference": 17.48141, "structural_low": 2.02, "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": 29, "median_return": -0.101928, "positive_rate": 0.310345, "directional_follow_through": 0.689655, "median_excess_return": -0.0776, "regime_survival": 0.931034, "best_return": 0.330472, "worst_return": -0.439655, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.243182, "positive_rate": 0.222222, "directional_follow_through": 0.777778, "median_excess_return": -0.211552, "regime_survival": 0.777778, "best_return": 0.295833, "worst_return": -0.606557, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.429429, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.431689, "regime_survival": 0.6, "best_return": 0.210191, "worst_return": -0.490164, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.674909, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.650281, "regime_survival": 0.666667, "best_return": -0.124204, "worst_return": -0.692394, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2022-11-25", "end": "2022-12-16", "tenure": "New", "return": -0.042505, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2022-12-23", "end": "2023-03-10", "tenure": "Developing", "return": 0.162146, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-03-17", "end": "2023-05-12", "tenure": "Developing", "return": -0.019163, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-05-19", "end": "2023-06-09", "tenure": "New", "return": -0.081081, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-06-16", "end": "2023-06-23", "tenure": "New", "return": 0.006192, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-30", "end": "2023-08-25", "tenure": "Developing", "return": 0.156051, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-01", "end": "2023-11-17", "tenure": "Developing", "return": 0.083784, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-24", "end": "2024-02-16", "tenure": "Established", "return": -0.116337, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-23", "end": "2024-03-01", "tenure": "New", "return": 0.039157, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-08", "end": "2024-03-29", "tenure": "New", "return": 0.086053, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-05", "end": "2024-05-24", "tenure": "Developing", "return": -0.155673, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-31", "end": "2026-05-01", "tenure": "Extended", "return": -0.897756, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-07-17", "tenure": "Developing", "return": -0.156863, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.027027, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 34.400002, "volume": 185677, "typical_volume": 64894.3, "trend": 37.652667, "fair_value": 42.503941, "relative_strength": -0.796733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.441224, "energy": 18.084504, "activity_lines": [ 33.933334, 33.569091, 34.345715, 35.655011 ] }, { "date": "2023-08-25", "close": 36.299999, "volume": 487602, "typical_volume": 87917.05, "trend": 37.462667, "fair_value": 42.451807, "relative_strength": 4.415322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.635017, "energy": 12.758657, "activity_lines": [ 34.713333, 34.138182, 34.409048, 35.567742 ] }, { "date": "2023-09-01", "close": 37.0, "volume": 371743, "typical_volume": 104282.85, "trend": 37.117334, "fair_value": 42.406375, "relative_strength": 4.2197, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.105467, "energy": 7.88889, "activity_lines": [ 35.56, 34.761818, 34.551429, 35.537893 ] }, { "date": "2023-09-08", "close": 38.400002, "volume": 49201, "typical_volume": 101732.5, "trend": 36.958, "fair_value": 42.373264, "relative_strength": 8.148747, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.024663, "energy": 16.710269, "activity_lines": [ 36.693334, 35.558182, 34.835715, 35.620645 ] }, { "date": "2023-09-15", "close": 35.299999, "volume": 205288, "typical_volume": 103887.9, "trend": 36.601334, "fair_value": 42.315287, "relative_strength": -1.728943, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.884487, "energy": 16.454701, "activity_lines": [ 36.54, 35.663636, 34.821429, 35.513678 ] }, { "date": "2023-09-22", "close": 32.599998, "volume": 68771, "typical_volume": 103060.1, "trend": 36.376667, "fair_value": 42.236301, "relative_strength": -8.159674, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.522529, "energy": 13.586629, "activity_lines": [ 35.313333, 35.212727, 34.571905, 35.255527 ] }, { "date": "2023-09-29", "close": 33.700001, "volume": 18616, "typical_volume": 100997.95, "trend": 36.128667, "fair_value": 42.16746, "relative_strength": -4.868744, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.161113, "energy": 15.381542, "activity_lines": [ 34.573333, 34.987273, 34.484762, 35.082839 ] }, { "date": "2023-10-06", "close": 36.099998, "volume": 43896, "typical_volume": 92598.2, "trend": 36.075334, "fair_value": 42.11892, "relative_strength": 1.526333, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.092004, "energy": 14.891417, "activity_lines": [ 34.806666, 35.2, 34.650952, 35.080989 ] }, { "date": "2023-10-13", "close": 37.5, "volume": 36369, "typical_volume": 89705.15, "trend": 36.003334, "fair_value": 42.082262, "relative_strength": 3.287485, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.081041, "energy": 8.524705, "activity_lines": [ 35.566666, 35.634545, 34.954762, 35.172903 ] }, { "date": "2023-10-20", "close": 35.700001, "volume": 20397, "typical_volume": 87427.85, "trend": 35.86, "fair_value": 42.032008, "relative_strength": 3.256325, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.942446, "energy": 9.052317, "activity_lines": [ 35.786667, 35.689091, 35.078571, 35.153333 ] }, { "date": "2023-10-27", "close": 34.299999, "volume": 35642, "typical_volume": 87951.3, "trend": 35.653334, "fair_value": 41.971602, "relative_strength": 0.323274, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.251582, "energy": 8.62065, "activity_lines": [ 35.513333, 35.434545, 35.067619, 35.052688 ] }, { "date": "2023-11-03", "close": 36.099998, "volume": 14249, "typical_volume": 87028.35, "trend": 35.56, "fair_value": 41.926085, "relative_strength": 1.325458, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.200293, "energy": 10.937389, "activity_lines": [ 35.726666, 35.50909, 35.226666, 35.081505 ] }, { "date": "2023-11-10", "close": 40.0, "volume": 118871, "typical_volume": 91815.2, "trend": 35.6, "fair_value": 41.911269, "relative_strength": 12.151059, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.453942, "energy": 29.001144, "activity_lines": [ 37.079999, 36.296363, 35.739047, 35.367957 ] }, { "date": "2023-11-17", "close": 40.099998, "volume": 81153, "typical_volume": 93822.2, "trend": 35.68, "fair_value": 41.897443, "relative_strength": 7.699084, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.575588, "energy": 39.506816, "activity_lines": [ 38.206666, 37.047272, 36.225238, 35.658279 ] }, { "date": "2023-11-24", "close": 40.400002, "volume": 45038, "typical_volume": 94653.35, "trend": 35.696667, "fair_value": 41.886098, "relative_strength": 6.869403, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.934588, "energy": 59.326282, "activity_lines": [ 39.26, 37.821818, 36.698571, 35.962795 ] }, { "date": "2023-12-01", "close": 40.0, "volume": 24876, "typical_volume": 93140.45, "trend": 35.54, "fair_value": 41.871917, "relative_strength": 4.567715, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.398991, "energy": 61.409399, "activity_lines": [ 39.866667, 38.430909, 37.092381, 36.24043 ] }, { "date": "2023-12-08", "close": 36.200001, "volume": 64363, "typical_volume": 95815.45, "trend": 35.45, "fair_value": 41.82959, "relative_strength": -7.967263, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.263671, "energy": 40.506617, "activity_lines": [ 38.826667, 38.214545, 37.095714, 36.283011 ] }, { "date": "2023-12-15", "close": 36.5, "volume": 124816, "typical_volume": 101062.4, "trend": 35.433333, "fair_value": 41.790111, "relative_strength": -9.912814, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.767346, "energy": 20.519636, "activity_lines": [ 37.88, 38.007273, 37.11619, 36.350753 ] }, { "date": "2023-12-22", "close": 38.599998, "volume": 55061, "typical_volume": 103495.75, "trend": 35.53, "fair_value": 41.766654, "relative_strength": -4.402248, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.829991, "energy": 16.817301, "activity_lines": [ 37.866666, 38.174545, 37.32619, 36.555053 ] }, { "date": "2023-12-29", "close": 38.0, "volume": 25311, "typical_volume": 103847.0, "trend": 35.616666, "fair_value": 41.739161, "relative_strength": -6.576164, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.155932, "energy": 17.09788, "activity_lines": [ 37.753333, 38.212727, 37.46, 36.714408 ] }, { "date": "2024-01-05", "close": 36.0, "volume": 36450, "typical_volume": 96385.65, "trend": 35.683333, "fair_value": 41.697572, "relative_strength": -8.843162, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.362667, "energy": 13.017424, "activity_lines": [ 37.133333, 37.845454, 37.378095, 36.73914 ] }, { "date": "2024-01-12", "close": 41.900002, "volume": 193756, "typical_volume": 81693.35, "trend": 36.003333, "fair_value": 41.699029, "relative_strength": 5.342362, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.669568, "energy": 28.73889, "activity_lines": [ 38.746667, 38.52, 37.850476, 37.140215 ] }, { "date": "2024-01-19", "close": 40.0, "volume": 47500, "typical_volume": 65481.2, "trend": 36.253333, "fair_value": 41.686893, "relative_strength": 3.304563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.399683, "energy": 31.129494, "activity_lines": [ 39.346667, 38.743637, 38.115238, 37.398064 ] }, { "date": "2024-01-26", "close": 39.5, "volume": 68498, "typical_volume": 66446.05, "trend": 36.523333, "fair_value": 41.671383, "relative_strength": -0.8162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.16727, "energy": 31.714698, "activity_lines": [ 39.546667, 38.876364, 38.318095, 37.607527 ] }, { "date": "2024-02-02", "close": 38.400002, "volume": 33965, "typical_volume": 57879.9, "trend": 36.746667, "fair_value": 41.648345, "relative_strength": -2.996365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.693383, "energy": 32.456654, "activity_lines": [ 39.320001, 38.820001, 38.410953, 37.728602 ] }, { "date": "2024-02-09", "close": 39.599998, "volume": 44733, "typical_volume": 56678.0, "trend": 36.933333, "fair_value": 41.634021, "relative_strength": 1.017079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.658961, "energy": 27.226534, "activity_lines": [ 39.466667, 39.018182, 38.603333, 37.912688 ] }, { "date": "2024-02-16", "close": 35.700001, "volume": 118710, "typical_volume": 61682.7, "trend": 36.996667, "fair_value": 41.592812, "relative_strength": -10.485931, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.739755, "energy": 9.165557, "activity_lines": [ 38.073334, 38.514546, 38.390952, 37.833118 ] }, { "date": "2024-02-23", "close": 33.200001, "volume": 88831, "typical_volume": 63929.45, "trend": 36.96, "fair_value": 41.534931, "relative_strength": -17.257796, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.323086, "energy": 21.095347, "activity_lines": [ 36.26, 37.565455, 37.930953, 37.588172 ] }, { "date": "2024-03-01", "close": 34.5, "volume": 106229, "typical_volume": 67422.45, "trend": 36.956667, "fair_value": 41.486747, "relative_strength": -14.503748, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.802195, "energy": 30.200146, "activity_lines": [ 35.333334, 36.912728, 37.608572, 37.429462 ] }, { "date": "2024-03-08", "close": 33.700001, "volume": 87081, "typical_volume": 70756.65, "trend": 36.99, "fair_value": 41.433776, "relative_strength": -17.010645, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.726908, "energy": 40.52152, "activity_lines": [ 34.473334, 36.189091, 37.224286, 37.219355 ] }, { "date": "2024-03-15", "close": 36.5, "volume": 93065, "typical_volume": 73627.8, "trend": 37.06, "fair_value": 41.400439, "relative_strength": -11.264878, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.661087, "energy": 39.882028, "activity_lines": [ 34.86, 36.052728, 37.116191, 37.187742 ] }, { "date": "2024-03-22", "close": 33.400002, "volume": 44610, "typical_volume": 75145.85, "trend": 36.963333, "fair_value": 41.346745, "relative_strength": -18.24526, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.913569, "energy": 44.682876, "activity_lines": [ 34.420001, 35.343637, 36.702381, 36.951613 ] }, { "date": "2024-03-29", "close": 36.599998, "volume": 65903, "typical_volume": 72497.45, "trend": 36.95, "fair_value": 41.3151, "relative_strength": -9.443375, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -49.591497, "energy": 26.132014, "activity_lines": [ 35.2, 35.370909, 36.606191, 36.928172 ] }, { "date": "2024-04-05", "close": 37.900002, "volume": 74121, "typical_volume": 72145.85, "trend": 36.933333, "fair_value": 41.292483, "relative_strength": -5.4195, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.884114, "energy": 3.621877, "activity_lines": [ 36.186667, 35.696364, 36.65, 36.989463 ] }, { "date": "2024-04-12", "close": 38.5, "volume": 125988, "typical_volume": 76193.35, "trend": 37.04, "fair_value": 41.274112, "relative_strength": -3.787361, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.439537, "energy": 8.718717, "activity_lines": [ 37.146667, 36.16, 36.761429, 37.090538 ] }, { "date": "2024-04-19", "close": 38.5, "volume": 106110, "typical_volume": 80255.05, "trend": 37.236667, "fair_value": 41.25598, "relative_strength": -3.435869, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.139114, "energy": 12.82708, "activity_lines": [ 37.786667, 36.621819, 36.881905, 37.184731 ] }, { "date": "2024-04-26", "close": 38.299999, "volume": 30280, "typical_volume": 78550.9, "trend": 37.39, "fair_value": 41.236786, "relative_strength": -5.731266, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.478609, "energy": 16.491965, "activity_lines": [ 38.226666, 37.067273, 36.990476, 37.253334 ] }, { "date": "2024-05-03", "close": 36.900002, "volume": 36539, "typical_volume": 74137.05, "trend": 37.416667, "fair_value": 41.208806, "relative_strength": -7.942605, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.058267, "energy": 12.175581, "activity_lines": [ 37.873334, 37.21091, 36.955715, 37.221721 ] }, { "date": "2024-05-10", "close": 36.0, "volume": 101500, "typical_volume": 76459.0, "trend": 37.366667, "fair_value": 41.175417, "relative_strength": -12.795343, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.495216, "energy": 9.409732, "activity_lines": [ 37.2, 37.123637, 36.833334, 37.130323 ] }, { "date": "2024-05-17", "close": 32.799999, "volume": 850230, "typical_volume": 117704.95, "trend": 37.27, "fair_value": 41.111923, "relative_strength": -19.411482, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.247616, "energy": 26.857847, "activity_lines": [ 35.586667, 36.427273, 36.418572, 36.835699 ] }, { "date": "2024-05-24", "close": 32.0, "volume": 247560, "typical_volume": 128260.45, "trend": 37.193333, "fair_value": 40.736923, "relative_strength": -21.706365, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.741774, "energy": 51.43009, "activity_lines": [ 34.086667, 35.601818, 35.952381, 36.495699 ] }, { "date": "2024-05-31", "close": 31.200001, "volume": 39273, "typical_volume": 120536.3, "trend": 37.03, "fair_value": 40.419615, "relative_strength": -22.735527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.279012, "energy": 65.768431, "activity_lines": [ 32.753334, 34.712727, 35.429048, 36.109033 ] }, { "date": "2024-06-07", "close": 29.799999, "volume": 49695, "typical_volume": 120646.05, "trend": 36.69, "fair_value": 40.198462, "relative_strength": -26.439537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.949768, "energy": 75.013284, "activity_lines": [ 31.426666, 33.609091, 34.823333, 35.642581 ] }, { "date": "2024-06-14", "close": 28.1, "volume": 83633, "typical_volume": 121402.8, "trend": 36.29, "fair_value": 39.952308, "relative_strength": -28.69654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.575991, "energy": 79.526547, "activity_lines": [ 30.006667, 32.32, 34.104286, 35.088387 ] }, { "date": "2024-06-21", "close": 26.9, "volume": 52424, "typical_volume": 122325.75, "trend": 35.84, "fair_value": 39.681795, "relative_strength": -31.715423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.898668, "energy": 83.200338, "activity_lines": [ 28.713333, 30.990909, 33.325238, 34.482581 ] }, { "date": "2024-06-28", "close": 27.5, "volume": 104976, "typical_volume": 125337.9, "trend": 35.423334, "fair_value": 39.364487, "relative_strength": -29.820063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.04986, "energy": 81.139922, "activity_lines": [ 28.013333, 29.981818, 32.658095, 33.944516 ] }, { "date": "2024-07-05", "close": 25.5, "volume": 37344, "typical_volume": 121269.6, "trend": 35.066667, "fair_value": 39.079231, "relative_strength": -34.252082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.673295, "energy": 83.958768, "activity_lines": [ 26.946667, 28.809091, 31.858095, 33.304301 ] }, { "date": "2024-07-12", "close": 27.6, "volume": 78949, "typical_volume": 120775.5, "trend": 34.77, "fair_value": 38.836923, "relative_strength": -30.433054, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.328469, "energy": 70.334701, "activity_lines": [ 26.96, 28.250909, 31.306667, 32.822581 ] }, { "date": "2024-07-19", "close": 28.200001, "volume": 45566, "typical_volume": 117742.35, "trend": 34.423334, "fair_value": 38.620256, "relative_strength": -26.870204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.466631, "energy": 49.901863, "activity_lines": [ 27.32, 27.970909, 30.839048, 32.39871 ] }, { "date": "2024-07-26", "close": 30.9, "volume": 44672, "typical_volume": 115621.9, "trend": 34.186667, "fair_value": 38.41, "relative_strength": -19.787998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.480399, "energy": 35.020072, "activity_lines": [ 28.573334, 28.323637, 30.658572, 32.171398 ] }, { "date": "2024-08-02", "close": 28.0, "volume": 31904, "typical_volume": 112563.85, "trend": 33.92, "fair_value": 38.181667, "relative_strength": -23.599768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.246807, "energy": 28.19814, "activity_lines": [ 28.593334, 28.183636, 30.215238, 31.772258 ] }, { "date": "2024-08-09", "close": 28.5, "volume": 39102, "typical_volume": 112288.45, "trend": 33.473334, "fair_value": 37.956667, "relative_strength": -21.639937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.06148, "energy": 22.762517, "activity_lines": [ 28.746667, 28.207273, 29.86, 31.422581 ] }, { "date": "2024-08-16", "close": 22.6, "volume": 314987, "typical_volume": 124742.65, "trend": 32.893334, "fair_value": 37.700897, "relative_strength": -39.126698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.137103, "energy": 42.901153, "activity_lines": [ 26.733333, 27.207273, 28.966191, 30.721075 ] }, { "date": "2024-08-23", "close": 24.6, "volume": 356937, "typical_volume": 138883.45, "trend": 32.396667, "fair_value": 37.447179, "relative_strength": -33.784679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.379224, "energy": 46.319453, "activity_lines": [ 25.72, 26.701818, 28.329524, 30.186022 ] }, { "date": "2024-08-30", "close": 22.0, "volume": 127364, "typical_volume": 138952.25, "trend": 31.85, "fair_value": 37.178077, "relative_strength": -40.959107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.733659, "energy": 64.854751, "activity_lines": [ 24.08, 25.787273, 27.508571, 29.515269 ] }, { "date": "2024-09-06", "close": 20.5, "volume": 78569, "typical_volume": 137575.2, "trend": 31.213334, "fair_value": 36.920641, "relative_strength": -41.702456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.022219, "energy": 76.882071, "activity_lines": [ 22.533333, 24.689091, 26.623333, 28.783011 ] }, { "date": "2024-09-13", "close": 21.4, "volume": 77480, "typical_volume": 139935.2, "trend": 30.736667, "fair_value": 36.609103, "relative_strength": -39.58456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.050867, "energy": 71.865987, "activity_lines": [ 21.786667, 23.881818, 25.909524, 28.149893 ] }, { "date": "2024-09-20", "close": 22.4, "volume": 410983, "typical_volume": 158657.4, "trend": 30.376667, "fair_value": 36.352051, "relative_strength": -37.53957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.463382, "energy": 66.487551, "activity_lines": [ 21.846667, 23.330909, 25.371429, 27.612043 ] }, { "date": "2024-09-27", "close": 20.200001, "volume": 20894, "typical_volume": 154627.1, "trend": 29.9, "fair_value": 36.089103, "relative_strength": -44.34655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.141755, "energy": 62.38524, "activity_lines": [ 21.186667, 22.474546, 24.692857, 26.955484 ] }, { "date": "2024-10-04", "close": 20.700001, "volume": 31815, "typical_volume": 113706.35, "trend": 29.466667, "fair_value": 35.819872, "relative_strength": -41.467043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.062631, "energy": 50.512565, "activity_lines": [ 20.986667, 21.854546, 24.137143, 26.361936 ] }, { "date": "2024-10-11", "close": 19.25, "volume": 54733, "typical_volume": 104065.0, "trend": 28.891667, "fair_value": 35.541346, "relative_strength": -44.488592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.938484, "energy": 53.135193, "activity_lines": [ 20.39, 21.156364, 23.500953, 25.702796 ] }, { "date": "2024-10-18", "close": 14.5, "volume": 484655, "typical_volume": 126334.1, "trend": 28.261667, "fair_value": 35.237885, "relative_strength": -57.569953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.267135, "energy": 76.569979, "activity_lines": [ 18.293334, 19.753637, 22.473095, 24.774301 ] }, { "date": "2024-10-25", "close": 14.8, "volume": 245160, "typical_volume": 136107.35, "trend": 27.535, "fair_value": 34.931346, "relative_strength": -55.94931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.564851, "energy": 82.923806, "activity_lines": [ 16.756667, 18.66, 21.553334, 23.905807 ] }, { "date": "2024-11-01", "close": 15.35, "volume": 82032, "typical_volume": 136027.3, "trend": 26.783333, "fair_value": 34.555385, "relative_strength": -52.91946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.926416, "energy": 83.817309, "activity_lines": [ 15.91, 17.808182, 20.757381, 23.119678 ] }, { "date": "2024-11-08", "close": 14.8, "volume": 452686, "typical_volume": 156040.4, "trend": 25.993333, "fair_value": 34.178974, "relative_strength": -53.717091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.24111, "energy": 84.680957, "activity_lines": [ 15.203333, 17.024546, 19.969762, 22.346559 ] }, { "date": "2024-11-15", "close": 19.25, "volume": 119968, "typical_volume": 156790.0, "trend": 25.351667, "fair_value": 33.866474, "relative_strength": -37.617304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.498469, "energy": 56.286412, "activity_lines": [ 16.373333, 17.180909, 19.663572, 21.911506 ] }, { "date": "2024-11-22", "close": 18.450001, "volume": 34749, "typical_volume": 156660.25, "trend": 24.69, "fair_value": 33.600128, "relative_strength": -39.283451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.323232, "energy": 41.929105, "activity_lines": [ 17.276667, 17.214546, 19.320476, 21.466237 ] }, { "date": "2024-11-29", "close": 16.65, "volume": 34010, "typical_volume": 154413.3, "trend": 24.015, "fair_value": 33.334295, "relative_strength": -44.211609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.478893, "energy": 37.589385, "activity_lines": [ 17.316667, 16.974546, 18.839524, 20.947527 ] }, { "date": "2024-12-06", "close": 16.25, "volume": 64432, "typical_volume": 155356.6, "trend": 23.356667, "fair_value": 33.060897, "relative_strength": -46.830786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.529661, "energy": 32.514659, "activity_lines": [ 17.1, 16.766364, 18.372619, 20.446559 ] }, { "date": "2024-12-13", "close": 15.65, "volume": 64045, "typical_volume": 156325.25, "trend": 22.785, "fair_value": 32.834167, "relative_strength": -46.83131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.695666, "energy": 39.043965, "activity_lines": [ 16.623333, 16.520909, 17.905476, 19.949355 ] }, { "date": "2024-12-20", "close": 14.85, "volume": 67390, "typical_volume": 158099.55, "trend": 22.213333, "fair_value": 32.615321, "relative_strength": -46.977157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.250946, "energy": 47.431825, "activity_lines": [ 15.823333, 16.221818, 17.434762, 19.43742 ] }, { "date": "2024-12-27", "close": 14.0, "volume": 39099, "typical_volume": 158099.4, "trend": 21.64, "fair_value": 32.392372, "relative_strength": -49.445877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.602524, "energy": 51.708755, "activity_lines": [ 15.033333, 15.848182, 16.945714, 18.907527 ] }, { "date": "2025-01-03", "close": 13.5, "volume": 45376, "typical_volume": 144618.85, "trend": 21.096667, "fair_value": 32.176987, "relative_strength": -50.810892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.327393, "energy": 59.316679, "activity_lines": [ 14.373333, 15.392727, 16.478095, 18.382366 ] }, { "date": "2025-01-10", "close": 13.65, "volume": 19633, "typical_volume": 127753.65, "trend": 20.615, "fair_value": 31.982821, "relative_strength": -49.40505, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.347384, "energy": 61.571199, "activity_lines": [ 13.973333, 14.988182, 16.068095, 17.901936 ] }, { "date": "2025-01-17", "close": 14.4, "volume": 20851, "typical_volume": 122428.0, "trend": 20.198333, "fair_value": 31.825128, "relative_strength": -47.409142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.356986, "energy": 59.940591, "activity_lines": [ 13.996667, 14.750909, 15.781667, 17.500968 ] }, { "date": "2025-01-24", "close": 13.85, "volume": 36876, "typical_volume": 120343.35, "trend": 19.743333, "fair_value": 31.67609, "relative_strength": -49.340187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.771089, "energy": 47.915588, "activity_lines": [ 13.92, 14.420909, 15.479048, 17.091398 ] }, { "date": "2025-01-31", "close": 12.55, "volume": 41583, "typical_volume": 118548.5, "trend": 19.311667, "fair_value": 31.50718, "relative_strength": -53.094672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.027261, "energy": 50.640192, "activity_lines": [ 13.476667, 13.952727, 15.084286, 16.627312 ] }, { "date": "2025-02-07", "close": 13.35, "volume": 55546, "typical_volume": 100776.65, "trend": 18.836667, "fair_value": 31.356859, "relative_strength": -48.355522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.484758, "energy": 47.200048, "activity_lines": [ 13.396667, 13.737273, 14.807857, 16.242688 ] }, { "date": "2025-02-14", "close": 10.85, "volume": 280833, "typical_volume": 113773.6, "trend": 18.258333, "fair_value": 31.218718, "relative_strength": -58.333974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.96799, "energy": 68.074325, "activity_lines": [ 12.493333, 13.127273, 14.336429, 15.727419 ] }, { "date": "2025-02-21", "close": 10.5, "volume": 73083, "typical_volume": 115837.0, "trend": 17.578333, "fair_value": 31.069359, "relative_strength": -58.980894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.5431, "energy": 85.465482, "activity_lines": [ 11.66, 12.551818, 13.876191, 15.226882 ] }, { "date": "2025-02-28", "close": 12.2, "volume": 72646, "typical_volume": 116732.65, "trend": 17.051667, "fair_value": 30.962949, "relative_strength": -51.398625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.136159, "energy": 73.938874, "activity_lines": [ 11.653333, 12.379091, 13.626429, 14.879893 ] }, { "date": "2025-03-07", "close": 11.75, "volume": 14731, "typical_volume": 93236.45, "trend": 16.493333, "fair_value": 30.857564, "relative_strength": -52.349453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.750723, "energy": 70.729724, "activity_lines": [ 11.606667, 12.172727, 13.367381, 14.53785 ] }, { "date": "2025-03-14", "close": 11.05, "volume": 10767, "typical_volume": 81516.8, "trend": 16.108333, "fair_value": 30.734551, "relative_strength": -53.38524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.053121, "energy": 56.698179, "activity_lines": [ 11.38, 11.88, 13.054762, 14.186667 ] }, { "date": "2025-03-21", "close": 9.52, "volume": 31191, "typical_volume": 78974.75, "trend": 15.605667, "fair_value": 30.584039, "relative_strength": -58.159501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.071065, "energy": 60.67866, "activity_lines": [ 10.796667, 11.353636, 12.614286, 13.761613 ] }, { "date": "2025-03-28", "close": 10.8, "volume": 33855, "typical_volume": 58033.2, "trend": 15.232333, "fair_value": 30.406474, "relative_strength": -49.76728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.093388, "energy": 53.125147, "activity_lines": [ 10.728667, 11.135091, 12.323476, 13.45157 ] }, { "date": "2025-04-04", "close": 9.58, "volume": 33395, "typical_volume": 53704.55, "trend": 14.868333, "fair_value": 30.214039, "relative_strength": -49.201419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.131616, "energy": 57.25701, "activity_lines": [ 10.234, 10.760182, 11.935524, 13.086903 ] }, { "date": "2025-04-11", "close": 8.4, "volume": 93786, "typical_volume": 56656.4, "trend": 14.435, "fair_value": 30.024808, "relative_strength": -54.018485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.151792, "energy": 60.65015, "activity_lines": [ 9.520667, 10.248364, 11.481238, 12.669591 ] }, { "date": "2025-04-18", "close": 9.68, "volume": 36273, "typical_volume": 56769.55, "trend": 14.011, "fair_value": 29.846474, "relative_strength": -47.342053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.84633, "energy": 52.05873, "activity_lines": [ 9.457333, 10.044727, 11.196714, 12.362817 ] }, { "date": "2025-04-25", "close": 9.12, "volume": 41521, "typical_volume": 55624.0, "trend": 13.641667, "fair_value": 29.686987, "relative_strength": -50.478934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.535252, "energy": 53.733387, "activity_lines": [ 9.298667, 9.806, 10.892048, 12.047269 ] }, { "date": "2025-05-02", "close": 8.5, "volume": 27110, "typical_volume": 53777.25, "trend": 13.235, "fair_value": 29.504423, "relative_strength": -53.198541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.949641, "energy": 54.517614, "activity_lines": [ 8.96, 9.486, 10.562286, 11.715548 ] }, { "date": "2025-05-09", "close": 9.4, "volume": 884951, "typical_volume": 94655.3, "trend": 12.906667, "fair_value": 29.349295, "relative_strength": -46.582826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.24124, "energy": 45.299222, "activity_lines": [ 9.074667, 9.366, 10.352286, 11.468129 ] }, { "date": "2025-05-16", "close": 10.05, "volume": 72290, "typical_volume": 96314.85, "trend": 12.758333, "fair_value": 29.181667, "relative_strength": -43.719773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.876721, "energy": 39.033775, "activity_lines": [ 9.418, 9.415091, 10.230143, 11.283828 ] }, { "date": "2025-05-23", "close": 8.74, "volume": 19150, "typical_volume": 95003.55, "trend": 12.556333, "fair_value": 29.008846, "relative_strength": -48.561463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.948283, "energy": 42.82577, "activity_lines": [ 9.214667, 9.256909, 10.002048, 11.024581 ] }, { "date": "2025-05-30", "close": 9.5, "volume": 19855, "typical_volume": 95014.65, "trend": 12.361333, "fair_value": 28.863974, "relative_strength": -43.153499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.190303, "energy": 31.22406, "activity_lines": [ 9.327333, 9.278909, 9.869, 10.827398 ] }, { "date": "2025-06-06", "close": 9.5, "volume": 3536, "typical_volume": 94148.9, "trend": 12.184667, "fair_value": 28.734487, "relative_strength": -42.473444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.303271, "energy": 28.370291, "activity_lines": [ 9.414667, 9.301273, 9.755714, 10.642796 ] }, { "date": "2025-06-13", "close": 10.4, "volume": 52824, "typical_volume": 94946.3, "trend": 11.889667, "fair_value": 28.61141, "relative_strength": -34.13487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.297312, "energy": 22.98933, "activity_lines": [ 9.735333, 9.510909, 9.751476, 10.527656 ] }, { "date": "2025-06-20", "close": 9.74, "volume": 4643, "typical_volume": 93099.3, "trend": 11.599333, "fair_value": 28.483846, "relative_strength": -36.774757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.920558, "energy": 16.714548, "activity_lines": [ 9.769333, 9.585636, 9.70081, 10.388968 ] }, { "date": "2025-06-27", "close": 8.94, "volume": 28408, "typical_volume": 91742.4, "trend": 11.342333, "fair_value": 28.367692, "relative_strength": -42.071983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.698632, "energy": 22.618747, "activity_lines": [ 9.557333, 9.490545, 9.587333, 10.217398 ] }, { "date": "2025-07-04", "close": 8.2, "volume": 29481, "typical_volume": 79174.8, "trend": 11.074, "fair_value": 28.24641, "relative_strength": -45.86694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.843583, "energy": 35.908132, "activity_lines": [ 9.085333, 9.274364, 9.424381, 10.014667 ] }, { "date": "2025-07-11", "close": 7.98, "volume": 18555, "typical_volume": 76448.4, "trend": 10.818333, "fair_value": 28.131282, "relative_strength": -46.742752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.569077, "energy": 61.801638, "activity_lines": [ 8.626667, 9.034909, 9.253095, 9.815054 ] }, { "date": "2025-07-18", "close": 8.22, "volume": 52516, "typical_volume": 75441.9, "trend": 10.597333, "fair_value": 28.020385, "relative_strength": -43.754133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.681193, "energy": 69.698835, "activity_lines": [ 8.349333, 8.848545, 9.116667, 9.647419 ] }, { "date": "2025-07-25", "close": 7.84, "volume": 56889, "typical_volume": 77549.8, "trend": 10.392, "fair_value": 27.878846, "relative_strength": -45.956106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.994859, "energy": 74.423878, "activity_lines": [ 8.090667, 8.614545, 8.963, 9.469527 ] }, { "date": "2025-08-01", "close": 7.86, "volume": 21073, "typical_volume": 78065.1, "trend": 10.204, "fair_value": 27.756154, "relative_strength": -42.628034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.31346, "energy": 72.764865, "activity_lines": [ 7.965333, 8.424364, 8.829857, 9.306172 ] }, { "date": "2025-08-08", "close": 8.0, "volume": 37009, "typical_volume": 78356.0, "trend": 10.015667, "fair_value": 27.641154, "relative_strength": -41.387087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.387482, "energy": 66.753184, "activity_lines": [ 7.958667, 8.275636, 8.725238, 9.163978 ] }, { "date": "2025-08-15", "close": 8.1, "volume": 13110, "typical_volume": 77318.75, "trend": 9.805667, "fair_value": 27.517436, "relative_strength": -40.218521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.621967, "energy": 49.897925, "activity_lines": [ 7.998667, 8.172364, 8.637381, 9.040387 ] }, { "date": "2025-08-22", "close": 6.1, "volume": 315533, "typical_volume": 91425.65, "trend": 9.547333, "fair_value": 27.357821, "relative_strength": -54.542592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.375821, "energy": 74.120184, "activity_lines": [ 7.364, 7.730909, 8.371905, 8.801312 ] }, { "date": "2025-08-29", "close": 6.3, "volume": 115645, "typical_volume": 92518.6, "trend": 9.339, "fair_value": 27.22641, "relative_strength": -50.761198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.308405, "energy": 81.451369, "activity_lines": [ 6.937333, 7.404, 8.142048, 8.591806 ] }, { "date": "2025-09-05", "close": 6.3, "volume": 51929, "typical_volume": 93301.4, "trend": 9.104, "fair_value": 27.096923, "relative_strength": -49.612875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.618111, "energy": 82.595974, "activity_lines": [ 6.613333, 7.139636, 7.92219, 8.395742 ] }, { "date": "2025-09-12", "close": 6.78, "volume": 39873, "typical_volume": 93219.0, "trend": 8.968333, "fair_value": 26.976923, "relative_strength": -44.632303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.569287, "energy": 83.439652, "activity_lines": [ 6.553333, 7.010545, 7.764143, 8.245806 ] }, { "date": "2025-09-19", "close": 6.22, "volume": 37425, "typical_volume": 93734.75, "trend": 8.825667, "fair_value": 26.856539, "relative_strength": -48.056107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.468899, "energy": 82.051844, "activity_lines": [ 6.388, 6.805455, 7.563905, 8.068495 ] }, { "date": "2025-09-26", "close": 5.82, "volume": 6812, "typical_volume": 49827.8, "trend": 8.613, "fair_value": 26.738718, "relative_strength": -50.210051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.591082, "energy": 81.098202, "activity_lines": [ 6.214667, 6.559636, 7.336429, 7.874581 ] }, { "date": "2025-10-03", "close": 5.52, "volume": 35845, "typical_volume": 48005.55, "trend": 8.405333, "fair_value": 26.620898, "relative_strength": -53.024752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.122802, "energy": 81.807583, "activity_lines": [ 5.96, 6.302909, 7.097429, 7.675032 ] }, { "date": "2025-10-10", "close": 5.42, "volume": 42890, "typical_volume": 49192.55, "trend": 8.217667, "fair_value": 26.495385, "relative_strength": -52.353629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.16401, "energy": 82.457154, "activity_lines": [ 5.724, 6.070182, 6.870476, 7.48243 ] }, { "date": "2025-10-17", "close": 5.32, "volume": 130164, "typical_volume": 54708.0, "trend": 8.077667, "fair_value": 26.358974, "relative_strength": -52.337409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.948035, "energy": 74.885385, "activity_lines": [ 5.513333, 5.863636, 6.64981, 7.295484 ] }, { "date": "2025-10-24", "close": 5.3, "volume": 13609, "typical_volume": 55211.65, "trend": 7.894333, "fair_value": 26.207308, "relative_strength": -53.14282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.123862, "energy": 70.063854, "activity_lines": [ 5.393333, 5.702182, 6.447143, 7.11628 ] }, { "date": "2025-10-31", "close": 5.34, "volume": 19288, "typical_volume": 53534.85, "trend": 7.753, "fair_value": 26.071667, "relative_strength": -51.515377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.578622, "energy": 63.087717, "activity_lines": [ 5.348, 5.598909, 6.268286, 6.951484 ] }, { "date": "2025-11-07", "close": 4.94, "volume": 48252, "typical_volume": 55715.3, "trend": 7.637667, "fair_value": 25.923846, "relative_strength": -53.700315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.417335, "energy": 62.949063, "activity_lines": [ 5.201333, 5.436727, 6.075429, 6.77 ] }, { "date": "2025-11-14", "close": 5.42, "volume": 95282, "typical_volume": 59059.0, "trend": 7.495667, "fair_value": 25.765256, "relative_strength": -48.188213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.850362, "energy": 52.003415, "activity_lines": [ 5.253333, 5.386545, 5.951143, 6.626925 ] }, { "date": "2025-11-21", "close": 5.76, "volume": 58741, "typical_volume": 60522.0, "trend": 7.383667, "fair_value": 25.572949, "relative_strength": -42.235772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.774571, "energy": 43.668004, "activity_lines": [ 5.418667, 5.414182, 5.876, 6.514946 ] }, { "date": "2025-11-28", "close": 6.1, "volume": 56483, "typical_volume": 62418.4, "trend": 7.303667, "fair_value": 25.399744, "relative_strength": -39.366372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.774759, "energy": 33.625627, "activity_lines": [ 5.668, 5.522182, 5.844857, 6.432129 ] }, { "date": "2025-12-05", "close": 5.56, "volume": 91909, "typical_volume": 64388.05, "trend": 7.175667, "fair_value": 25.22718, "relative_strength": -44.230822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.236912, "energy": 24.441685, "activity_lines": [ 5.684, 5.534182, 5.771238, 6.319634 ] }, { "date": "2025-12-12", "close": 5.4, "volume": 42267, "typical_volume": 63656.95, "trend": 7.020667, "fair_value": 25.042308, "relative_strength": -44.4536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.078392, "energy": 24.200401, "activity_lines": [ 5.632, 5.521818, 5.695048, 6.205075 ] }, { "date": "2025-12-19", "close": 5.22, "volume": 30825, "typical_volume": 64144.55, "trend": 6.903333, "fair_value": 24.867821, "relative_strength": -45.419872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.293602, "energy": 29.563736, "activity_lines": [ 5.489333, 5.478909, 5.613333, 6.088903 ] }, { "date": "2025-12-26", "close": 5.3, "volume": 17402, "typical_volume": 63164.2, "trend": 6.763333, "fair_value": 24.676795, "relative_strength": -43.521684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.901759, "energy": 36.132985, "activity_lines": [ 5.386667, 5.454182, 5.55181, 5.985462 ] }, { "date": "2026-01-02", "close": 4.87, "volume": 15431, "typical_volume": 63280.25, "trend": 6.609, "fair_value": 24.448398, "relative_strength": -47.553622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.263988, "energy": 44.012707, "activity_lines": [ 5.171333, 5.351636, 5.46219, 5.863312 ] }, { "date": "2026-01-09", "close": 4.64, "volume": 23705, "typical_volume": 48688.85, "trend": 6.417, "fair_value": 24.218141, "relative_strength": -50.462054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.719493, "energy": 49.414926, "activity_lines": [ 4.961333, 5.215091, 5.366048, 5.73628 ] }, { "date": "2026-01-16", "close": 4.38, "volume": 51157, "typical_volume": 45464.45, "trend": 6.238333, "fair_value": 23.976987, "relative_strength": -53.066332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.800578, "energy": 65.008581, "activity_lines": [ 4.726, 5.044, 5.252095, 5.60486 ] }, { "date": "2026-01-23", "close": 3.62, "volume": 154580, "typical_volume": 50597.0, "trend": 6.061, "fair_value": 23.730962, "relative_strength": -59.88074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.264985, "energy": 77.339234, "activity_lines": [ 4.305333, 4.744909, 5.074905, 5.435935 ] }, { "date": "2026-01-30", "close": 3.38, "volume": 98701, "typical_volume": 53538.4, "trend": 5.900333, "fair_value": 23.449039, "relative_strength": -61.822232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.107391, "energy": 80.510306, "activity_lines": [ 3.911333, 4.434909, 4.887619, 5.262968 ] }, { "date": "2026-02-06", "close": 2.6, "volume": 93539, "typical_volume": 56344.1, "trend": 5.721, "fair_value": 23.18891, "relative_strength": -70.702432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.821678, "energy": 89.466906, "activity_lines": [ 3.385333, 4.026364, 4.642238, 5.050043 ] }, { "date": "2026-02-13", "close": 2.94, "volume": 170974, "typical_volume": 64552.2, "trend": 5.545, "fair_value": 22.912885, "relative_strength": -66.165861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.080992, "energy": 84.372217, "activity_lines": [ 3.124, 3.743273, 4.446476, 4.870624 ] }, { "date": "2026-02-20", "close": 2.49, "volume": 78061, "typical_volume": 66663.0, "trend": 5.366667, "fair_value": 22.676667, "relative_strength": -71.282474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.450337, "energy": 87.082122, "activity_lines": [ 2.826, 3.426, 4.221571, 4.673527 ] }, { "date": "2026-02-27", "close": 2.4, "volume": 162452, "typical_volume": 72641.1, "trend": 5.184667, "fair_value": 22.428333, "relative_strength": -71.944947, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.492519, "energy": 84.185901, "activity_lines": [ 2.624, 3.145273, 4.002524, 4.482129 ] }, { "date": "2026-03-06", "close": 2.33, "volume": 50204, "typical_volume": 68643.1, "trend": 4.995667, "fair_value": 22.201603, "relative_strength": -70.352066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.564713, "energy": 78.179344, "activity_lines": [ 2.48, 2.903091, 3.79119, 4.297957 ] }, { "date": "2026-03-13", "close": 2.44, "volume": 94588, "typical_volume": 72692.05, "trend": 4.807, "fair_value": 21.963013, "relative_strength": -67.959595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.857319, "energy": 71.136208, "activity_lines": [ 2.442667, 2.734909, 3.604571, 4.133075 ] }, { "date": "2026-03-20", "close": 2.26, "volume": 87906, "typical_volume": 76122.95, "trend": 4.679, "fair_value": 21.72109, "relative_strength": -68.037603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.200278, "energy": 63.093156, "activity_lines": [ 2.356, 2.578182, 3.414429, 3.968753 ] }, { "date": "2026-03-27", "close": 2.45, "volume": 100451, "typical_volume": 78732.9, "trend": 4.550667, "fair_value": 21.47718, "relative_strength": -64.400353, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.935471, "energy": 58.456353, "activity_lines": [ 2.378, 2.499273, 3.257048, 3.824946 ] }, { "date": "2026-04-03", "close": 3.1, "volume": 173708, "typical_volume": 82654.2, "trend": 4.444, "fair_value": 21.247692, "relative_strength": -55.378893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.419484, "energy": 42.369494, "activity_lines": [ 2.619333, 2.573636, 3.173429, 3.731355 ] }, { "date": "2026-04-10", "close": 2.99, "volume": 22467, "typical_volume": 80840.5, "trend": 4.317667, "fair_value": 21.018141, "relative_strength": -58.018235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.882355, "energy": 35.140945, "activity_lines": [ 2.777333, 2.637455, 3.090381, 3.637548 ] }, { "date": "2026-04-17", "close": 3.06, "volume": 40364, "typical_volume": 80034.55, "trend": 4.212333, "fair_value": 20.79609, "relative_strength": -56.870611, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.220833, "energy": 23.988713, "activity_lines": [ 2.914667, 2.721091, 3.02719, 3.556409 ] }, { "date": "2026-04-24", "close": 3.01, "volume": 33977, "typical_volume": 77137.95, "trend": 4.118667, "fair_value": 20.559615, "relative_strength": -55.394228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.299238, "energy": 22.868045, "activity_lines": [ 2.994, 2.787273, 2.973714, 3.478839 ] }, { "date": "2026-05-01", "close": 3.19, "volume": 31775, "typical_volume": 76613.35, "trend": 4.041, "fair_value": 20.293526, "relative_strength": -51.057661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.636365, "energy": 19.806585, "activity_lines": [ 3.083333, 2.884909, 2.949524, 3.418925 ] }, { "date": "2026-05-08", "close": 3.06, "volume": 377771, "typical_volume": 93960.65, "trend": 3.962333, "fair_value": 20.063782, "relative_strength": -52.022197, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.313435, "energy": 14.132456, "activity_lines": [ 3.08, 2.946182, 2.923476, 3.355634 ] }, { "date": "2026-05-15", "close": 2.96, "volume": 197094, "typical_volume": 102945.25, "trend": 3.883667, "fair_value": 19.845577, "relative_strength": -51.688469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.506846, "energy": 13.009391, "activity_lines": [ 3.046, 2.977273, 2.89819, 3.290968 ] }, { "date": "2026-05-22", "close": 3.02, "volume": 69965, "typical_volume": 105671.95, "trend": 3.807667, "fair_value": 19.63609, "relative_strength": -51.235656, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.693846, "energy": 12.945184, "activity_lines": [ 3.034, 3.007818, 2.889762, 3.235247 ] }, { "date": "2026-05-29", "close": 3.11, "volume": 111384, "typical_volume": 110055.9, "trend": 3.733333, "fair_value": 19.429103, "relative_strength": -48.230045, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.786801, "energy": 13.026324, "activity_lines": [ 3.054667, 3.044182, 2.898714, 3.190237 ] }, { "date": "2026-06-05", "close": 3.5, "volume": 24788, "typical_volume": 108737.45, "trend": 3.685333, "fair_value": 19.23359, "relative_strength": -39.731409, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.497847, "energy": 6.005117, "activity_lines": [ 3.198667, 3.136, 2.952095, 3.175183 ] }, { "date": "2026-06-12", "close": 3.22, "volume": 64959, "typical_volume": 104256.4, "trend": 3.612, "fair_value": 19.04718, "relative_strength": -42.610788, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.728508, "energy": 11.58925, "activity_lines": [ 3.228667, 3.157818, 2.983, 3.145161 ] }, { "date": "2026-06-19", "close": 2.65, "volume": 166024, "typical_volume": 107622.55, "trend": 3.508333, "fair_value": 18.855833, "relative_strength": -52.129198, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.406282, "energy": 14.974881, "activity_lines": [ 3.058, 3.073818, 2.961524, 3.083097 ] }, { "date": "2026-06-26", "close": 2.75, "volume": 2373, "typical_volume": 103064.25, "trend": 3.396667, "fair_value": 18.67218, "relative_strength": -48.391598, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.71107, "energy": 17.573262, "activity_lines": [ 2.941333, 3.014182, 2.953048, 3.034172 ] }, { "date": "2026-07-03", "close": 2.59, "volume": 14229, "typical_volume": 95227.0, "trend": 3.297667, "fair_value": 18.485577, "relative_strength": -51.430461, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.322915, "energy": 31.072443, "activity_lines": [ 2.789333, 2.931091, 2.928619, 2.982129 ] }, { "date": "2026-07-10", "close": 2.56, "volume": 66421, "typical_volume": 94645.0, "trend": 3.203, "fair_value": 18.284038, "relative_strength": -49.571046, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.054416, "energy": 42.884102, "activity_lines": [ 2.662, 2.850182, 2.903, 2.934538 ] }, { "date": "2026-07-17", "close": 2.58, "volume": 46212, "typical_volume": 88833.0, "trend": 3.115, "fair_value": 18.08391, "relative_strength": -47.146993, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.361117, "energy": 53.663834, "activity_lines": [ 2.604, 2.784364, 2.878952, 2.894344 ] }, { "date": "2026-07-24", "close": 2.59, "volume": 54851, "typical_volume": 89065.35, "trend": 3.024667, "fair_value": 17.880641, "relative_strength": -46.353452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.010284, "energy": 54.504308, "activity_lines": [ 2.592, 2.729091, 2.855, 2.860473 ] }, { "date": "2026-07-31", "close": 2.5, "volume": 161652, "typical_volume": 92418.55, "trend": 2.945667, "fair_value": 17.674872, "relative_strength": -47.408648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.116444, "energy": 50.086222, "activity_lines": [ 2.554, 2.664182, 2.821238, 2.826624 ] }, { "date": "2026-08-07", "close": 2.52, "volume": 35258, "typical_volume": 89786.15, "trend": 2.875, "fair_value": 17.48141, "relative_strength": -46.406933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.285522, "energy": 47.964883, "activity_lines": [ 2.539333, 2.612364, 2.789095, 2.799161 ] } ], "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." } } }