{ "ticker": { "uuid": "fb9bad35-0bf1-494a-abf4-a859f87609ce", "symbol": "VOXR", "name": "Vox Royalty Corp.", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 82.291, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.218, "architecture_energy": 49.282, "architecture_maturity": 8.642, "architecture_confidence": 82.589, "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": 24.92, "rotation_up": 14.67, "upward_expansion": 7.82, "deceleration": 45.08, "rotation_down": 61.94, "downward_expansion": 81.15 }, "activity_lines": [ 6.450667, 6.54494, 6.959848, 7.129086 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 7.05, "trend_reference": 7.290735, "distance_from_trend": -0.033019, "trend_direction": "Improving", "fair_value": 4.484894, "distance_from_fair_value": 0.571944, "fair_value_direction": "Weakening", "relative_strength": -5.894579, "relative_strength_direction": "Weakening", "price_momentum": -0.008121, "excess_performance": -0.128542, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.033019, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.007658, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.571944, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.384669, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.058946, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.263693, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.008121, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.964255, "read": "Supply-led" } ], "volume": { "latest": 55600, "relative_activity": 0.919312, "balance": 0.964255, "dry_up": 0.909392, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.100203, "annualized_volatility": 0.513491, "from_high_reference": -0.227118, "from_low_reference": 0.630991 }, "levels": { "trend_reference": 7.290735, "fair_value_reference": 4.484894, "structural_low": 5.79, "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": 17, "median_return": -0.003344, "positive_rate": 0.470588, "directional_follow_through": 0.529412, "median_excess_return": 0.002113, "regime_survival": 0.823529, "best_return": 0.142624, "worst_return": -0.072607, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.049167, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.030853, "regime_survival": 0.5, "best_return": 0.219985, "worst_return": -0.120321, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.212433, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.172262, "regime_survival": 0.25, "best_return": 0.615652, "worst_return": -0.151086, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.37155, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.273131, "regime_survival": 0.0, "best_return": 0.953331, "worst_return": 0.27002, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-22", "tenure": "Developing", "return": -0.046569, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2024-12-13", "tenure": "New", "return": -0.03523, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": 0.029047, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-03-07", "tenure": "Developing", "return": 0.014706, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": 0.127371, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.149485, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-02", "end": "2025-07-25", "tenure": "Established", "return": 0.073739, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.168982, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-11-14", "tenure": "Developing", "return": 0.143859, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.178947, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-06-12", "tenure": "Extended", "return": -0.026866, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": -0.032218, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": -0.09472, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.138934, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.757633, "volume": 51600, "typical_volume": 23185.0, "trend": 3.258114, "fair_value": 2.937526, "relative_strength": -10.91976, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.747618, "energy": 67.959744, "activity_lines": [ 2.824426, 2.914202, 3.091535, 3.20066 ] }, { "date": "2023-08-25", "close": 2.958014, "volume": 44500, "typical_volume": 23630.0, "trend": 3.252642, "fair_value": 2.938345, "relative_strength": -4.653758, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.541509, "energy": 57.759033, "activity_lines": [ 2.85178, 2.914032, 3.060695, 3.181299 ] }, { "date": "2023-09-01", "close": 2.767175, "volume": 75000, "typical_volume": 25980.0, "trend": 3.242702, "fair_value": 2.93626, "relative_strength": -13.777279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.939941, "energy": 55.161175, "activity_lines": [ 2.819974, 2.879423, 3.016225, 3.149978 ] }, { "date": "2023-09-08", "close": 2.662212, "volume": 42900, "typical_volume": 27100.0, "trend": 3.230524, "fair_value": 2.934102, "relative_strength": -15.007674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.256645, "energy": 56.34457, "activity_lines": [ 2.767811, 2.829805, 2.96608, 3.112527 ] }, { "date": "2023-09-15", "close": 2.89122, "volume": 69300, "typical_volume": 24535.0, "trend": 3.224402, "fair_value": 2.932811, "relative_strength": -10.088687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.707633, "energy": 41.705158, "activity_lines": [ 2.805342, 2.829458, 2.942795, 3.090637 ] }, { "date": "2023-09-22", "close": 2.824426, "volume": 39100, "typical_volume": 25580.0, "trend": 3.218262, "fair_value": 2.932895, "relative_strength": -8.262619, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.865452, "energy": 40.374169, "activity_lines": [ 2.811067, 2.819048, 2.917469, 3.064832 ] }, { "date": "2023-09-29", "close": 2.637784, "volume": 45500, "typical_volume": 27155.0, "trend": 3.207162, "fair_value": 2.932683, "relative_strength": -13.129187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.77102, "energy": 46.531161, "activity_lines": [ 2.750126, 2.780776, 2.87878, 3.027382 ] }, { "date": "2023-10-06", "close": 2.599416, "volume": 38400, "typical_volume": 28475.0, "trend": 3.194783, "fair_value": 2.933547, "relative_strength": -12.915697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.394267, "energy": 51.692111, "activity_lines": [ 2.697743, 2.742564, 2.84133, 2.988172 ] }, { "date": "2023-10-13", "close": 2.656967, "volume": 18600, "typical_volume": 29000.0, "trend": 3.171707, "fair_value": 2.936161, "relative_strength": -11.867219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.570968, "energy": 55.29505, "activity_lines": [ 2.675728, 2.721857, 2.813985, 2.953474 ] }, { "date": "2023-10-20", "close": 2.628191, "volume": 23000, "typical_volume": 29725.0, "trend": 3.14105, "fair_value": 2.938591, "relative_strength": -11.190352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.232331, "energy": 58.344854, "activity_lines": [ 2.644471, 2.699657, 2.786804, 2.918409 ] }, { "date": "2023-10-27", "close": 2.77207, "volume": 18200, "typical_volume": 30405.0, "trend": 3.10114, "fair_value": 2.942244, "relative_strength": -4.488888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.557269, "energy": 40.194522, "activity_lines": [ 2.678709, 2.705796, 2.776546, 2.894604 ] }, { "date": "2023-11-03", "close": 2.762478, "volume": 31900, "typical_volume": 31115.0, "trend": 3.062809, "fair_value": 2.945414, "relative_strength": -9.898641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.642704, "energy": 28.821882, "activity_lines": [ 2.71324, 2.709929, 2.768272, 2.872755 ] }, { "date": "2023-11-10", "close": 2.618599, "volume": 7200, "typical_volume": 31035.0, "trend": 3.027596, "fair_value": 2.948143, "relative_strength": -13.521332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.722896, "energy": 31.256856, "activity_lines": [ 2.691498, 2.691457, 2.747295, 2.844096 ] }, { "date": "2023-11-17", "close": 2.647375, "volume": 14600, "typical_volume": 31680.0, "trend": 2.991759, "fair_value": 2.950996, "relative_strength": -14.535429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.936057, "energy": 30.400822, "activity_lines": [ 2.678069, 2.680919, 2.730833, 2.819565 ] }, { "date": "2023-11-24", "close": 2.704926, "volume": 24100, "typical_volume": 32075.0, "trend": 2.955309, "fair_value": 2.954519, "relative_strength": -12.149494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.030493, "energy": 26.504723, "activity_lines": [ 2.684464, 2.681114, 2.721923, 2.80106 ] }, { "date": "2023-12-01", "close": 2.743295, "volume": 65700, "typical_volume": 34490.0, "trend": 2.92172, "fair_value": 2.957927, "relative_strength": -12.182745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.357356, "energy": 24.865107, "activity_lines": [ 2.698532, 2.691672, 2.718098, 2.787382 ] }, { "date": "2023-12-08", "close": 2.714519, "volume": 79000, "typical_volume": 37490.0, "trend": 2.890021, "fair_value": 2.96031, "relative_strength": -12.323471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.477105, "energy": 19.644183, "activity_lines": [ 2.704927, 2.698474, 2.71351, 2.774014 ] }, { "date": "2023-12-15", "close": 2.580232, "volume": 45100, "typical_volume": 38535.0, "trend": 2.857011, "fair_value": 2.96105, "relative_strength": -17.187365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.928098, "energy": 30.324273, "activity_lines": [ 2.669757, 2.679465, 2.69761, 2.754028 ] }, { "date": "2023-12-22", "close": 2.551456, "volume": 61200, "typical_volume": 40760.0, "trend": 2.83317, "fair_value": 2.960826, "relative_strength": -19.22508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.560466, "energy": 36.551822, "activity_lines": [ 2.627552, 2.655572, 2.680905, 2.734314 ] }, { "date": "2023-12-29", "close": 2.651889, "volume": 16200, "typical_volume": 40555.0, "trend": 2.811412, "fair_value": 2.959803, "relative_strength": -16.069669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.906166, "energy": 36.962396, "activity_lines": [ 2.62522, 2.651858, 2.675246, 2.722619 ] }, { "date": "2024-01-05", "close": 2.603673, "volume": 11500, "typical_volume": 38550.0, "trend": 2.785514, "fair_value": 2.959974, "relative_strength": -17.238754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.816531, "energy": 46.119438, "activity_lines": [ 2.610351, 2.638947, 2.665454, 2.709216 ] }, { "date": "2024-01-12", "close": 2.594029, "volume": 14200, "typical_volume": 37035.0, "trend": 2.772905, "fair_value": 2.956838, "relative_strength": -17.535873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.505701, "energy": 40.978948, "activity_lines": [ 2.601577, 2.627344, 2.655476, 2.696862 ] }, { "date": "2024-01-19", "close": 2.603673, "volume": 25800, "typical_volume": 34575.0, "trend": 2.759985, "fair_value": 2.954605, "relative_strength": -16.749482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.491079, "energy": 30.469664, "activity_lines": [ 2.604049, 2.620558, 2.64815, 2.685944 ] }, { "date": "2024-01-26", "close": 2.555457, "volume": 10700, "typical_volume": 32965.0, "trend": 2.742432, "fair_value": 2.953025, "relative_strength": -18.826922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.397201, "energy": 36.836824, "activity_lines": [ 2.588887, 2.605276, 2.63701, 2.672749 ] }, { "date": "2024-02-02", "close": 2.430095, "volume": 64300, "typical_volume": 32715.0, "trend": 2.723244, "fair_value": 2.94998, "relative_strength": -22.336914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.962852, "energy": 50.53077, "activity_lines": [ 2.53167, 2.568872, 2.61444, 2.652598 ] }, { "date": "2024-02-09", "close": 2.23723, "volume": 36700, "typical_volume": 32595.0, "trend": 2.692539, "fair_value": 2.945578, "relative_strength": -27.866111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.85677, "energy": 73.677265, "activity_lines": [ 2.424952, 2.502399, 2.575697, 2.621242 ] }, { "date": "2024-02-16", "close": 2.545814, "volume": 27100, "typical_volume": 31675.0, "trend": 2.676572, "fair_value": 2.943816, "relative_strength": -18.547077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.797954, "energy": 57.814431, "activity_lines": [ 2.445524, 2.501234, 2.56914, 2.611776 ] }, { "date": "2024-02-23", "close": 2.555457, "volume": 19100, "typical_volume": 30710.0, "trend": 2.6622, "fair_value": 2.942175, "relative_strength": -18.526398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.156141, "energy": 43.705298, "activity_lines": [ 2.472525, 2.504889, 2.563939, 2.603962 ] }, { "date": "2024-03-01", "close": 2.410808, "volume": 22400, "typical_volume": 30900.0, "trend": 2.64714, "fair_value": 2.939367, "relative_strength": -23.307481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.701754, "energy": 38.862689, "activity_lines": [ 2.454524, 2.482694, 2.545171, 2.587743 ] }, { "date": "2024-03-08", "close": 2.555457, "volume": 31700, "typical_volume": 31335.0, "trend": 2.640719, "fair_value": 2.935323, "relative_strength": -19.049447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.525472, "energy": 18.123988, "activity_lines": [ 2.494383, 2.489357, 2.541351, 2.581828 ] }, { "date": "2024-03-15", "close": 2.410808, "volume": 73700, "typical_volume": 34110.0, "trend": 2.629158, "fair_value": 2.932936, "relative_strength": -23.388821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.531883, "energy": 24.190312, "activity_lines": [ 2.477668, 2.471473, 2.524102, 2.566995 ] }, { "date": "2024-03-22", "close": 2.622959, "volume": 64100, "typical_volume": 35720.0, "trend": 2.61799, "fair_value": 2.93365, "relative_strength": -16.460027, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.788354, "energy": 13.400396, "activity_lines": [ 2.520098, 2.495669, 2.528778, 2.566595 ] }, { "date": "2024-03-29", "close": 2.735248, "volume": 28100, "typical_volume": 36765.0, "trend": 2.616925, "fair_value": 2.936406, "relative_strength": -12.731873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.734344, "energy": 11.856475, "activity_lines": [ 2.594815, 2.539755, 2.544812, 2.574161 ] }, { "date": "2024-04-05", "close": 2.754647, "volume": 28000, "typical_volume": 37435.0, "trend": 2.620007, "fair_value": 2.940547, "relative_strength": -11.656468, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.497716, "energy": 21.310844, "activity_lines": [ 2.664012, 2.584975, 2.562138, 2.583046 ] }, { "date": "2024-04-12", "close": 2.754647, "volume": 50800, "typical_volume": 38770.0, "trend": 2.615454, "fair_value": 2.942587, "relative_strength": -9.530711, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.781275, "energy": 33.482882, "activity_lines": [ 2.710286, 2.626574, 2.578954, 2.591732 ] }, { "date": "2024-04-19", "close": 2.68675, "volume": 36900, "typical_volume": 37330.0, "trend": 2.610865, "fair_value": 2.94365, "relative_strength": -10.685655, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.358576, "energy": 37.874786, "activity_lines": [ 2.720649, 2.649927, 2.589066, 2.596332 ] }, { "date": "2024-04-26", "close": 2.812844, "volume": 842700, "typical_volume": 75515.0, "trend": 2.6167, "fair_value": 2.946362, "relative_strength": -6.451928, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.767792, "energy": 46.246252, "activity_lines": [ 2.754647, 2.688034, 2.611457, 2.609363 ] }, { "date": "2024-05-03", "close": 2.628554, "volume": 76100, "typical_volume": 77065.0, "trend": 2.617672, "fair_value": 2.947052, "relative_strength": -11.714684, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.561096, "energy": 23.300001, "activity_lines": [ 2.714556, 2.687778, 2.615828, 2.610128 ] }, { "date": "2024-05-10", "close": 2.715849, "volume": 83200, "typical_volume": 78165.0, "trend": 2.619634, "fair_value": 2.947762, "relative_strength": -9.51983, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.998567, "energy": 18.941914, "activity_lines": [ 2.710676, 2.702064, 2.628283, 2.616462 ] }, { "date": "2024-05-17", "close": 2.958336, "volume": 184100, "typical_volume": 86560.0, "trend": 2.630639, "fair_value": 2.950866, "relative_strength": -1.511772, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.063431, "energy": 49.368246, "activity_lines": [ 2.790212, 2.754893, 2.663048, 2.638313 ] }, { "date": "2024-05-24", "close": 3.016532, "volume": 187100, "typical_volume": 95340.0, "trend": 2.638788, "fair_value": 2.955185, "relative_strength": 1.496859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.990649, "energy": 54.666224, "activity_lines": [ 2.875567, 2.810978, 2.701898, 2.66321 ] }, { "date": "2024-05-31", "close": 2.958336, "volume": 41800, "typical_volume": 96720.0, "trend": 2.645316, "fair_value": 2.95901, "relative_strength": 0.236218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.866118, "energy": 63.568539, "activity_lines": [ 2.919538, 2.845469, 2.733238, 2.683826 ] }, { "date": "2024-06-07", "close": 2.938937, "volume": 91500, "typical_volume": 100005.0, "trend": 2.655994, "fair_value": 2.962951, "relative_strength": 1.299968, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.099864, "energy": 64.215303, "activity_lines": [ 2.947343, 2.870335, 2.760996, 2.702769 ] }, { "date": "2024-06-14", "close": 3.220221, "volume": 184000, "typical_volume": 108670.0, "trend": 2.675089, "fair_value": 2.969777, "relative_strength": 12.88214, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.201629, "energy": 71.908144, "activity_lines": [ 3.048217, 2.94264, 2.813947, 2.739171 ] }, { "date": "2024-06-21", "close": 3.24932, "volume": 43900, "typical_volume": 107650.0, "trend": 2.693236, "fair_value": 2.976309, "relative_strength": 14.402161, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.229945, "energy": 73.085433, "activity_lines": [ 3.125167, 3.011771, 2.866504, 2.776218 ] }, { "date": "2024-06-28", "close": 3.682628, "volume": 190000, "typical_volume": 115315.0, "trend": 2.724547, "fair_value": 2.984837, "relative_strength": 27.469112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.741525, "energy": 87.65928, "activity_lines": [ 3.327153, 3.150691, 2.956427, 2.84005 ] }, { "date": "2024-07-05", "close": 3.585204, "volume": 27600, "typical_volume": 115340.0, "trend": 2.75357, "fair_value": 2.992621, "relative_strength": 22.870181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.143769, "energy": 87.478552, "activity_lines": [ 3.452258, 3.253791, 3.030188, 2.895576 ] }, { "date": "2024-07-12", "close": 3.575462, "volume": 40500, "typical_volume": 116410.0, "trend": 2.786744, "fair_value": 3.000342, "relative_strength": 19.183841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.956454, "energy": 85.880105, "activity_lines": [ 3.532325, 3.341076, 3.098072, 2.948601 ] }, { "date": "2024-07-19", "close": 3.604689, "volume": 68400, "typical_volume": 118710.0, "trend": 2.821852, "fair_value": 3.008491, "relative_strength": 19.865565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.460588, "energy": 83.172154, "activity_lines": [ 3.579699, 3.416459, 3.163883, 3.001372 ] }, { "date": "2024-07-26", "close": 3.9749, "volume": 133700, "typical_volume": 123810.0, "trend": 2.865952, "fair_value": 3.01661, "relative_strength": 30.910729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.519925, "energy": 82.5046, "activity_lines": [ 3.724845, 3.542993, 3.259267, 3.075762 ] }, { "date": "2024-08-02", "close": 3.926189, "volume": 48800, "typical_volume": 122565.0, "trend": 2.910036, "fair_value": 3.024717, "relative_strength": 32.051252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.429289, "energy": 75.044385, "activity_lines": [ 3.805383, 3.642186, 3.343252, 3.144164 ] }, { "date": "2024-08-09", "close": 3.760567, "volume": 23700, "typical_volume": 120545.0, "trend": 2.948921, "fair_value": 3.031583, "relative_strength": 25.395364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.978993, "energy": 61.418896, "activity_lines": [ 3.814475, 3.694728, 3.404248, 3.199037 ] }, { "date": "2024-08-16", "close": 3.478038, "volume": 30500, "typical_volume": 120665.0, "trend": 2.978066, "fair_value": 3.038319, "relative_strength": 12.047566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.234399, "energy": 52.349197, "activity_lines": [ 3.717701, 3.681315, 3.432919, 3.233174 ] }, { "date": "2024-08-23", "close": 3.614431, "volume": 72600, "typical_volume": 122895.0, "trend": 3.013365, "fair_value": 3.045869, "relative_strength": 15.183711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.736299, "energy": 40.77866, "activity_lines": [ 3.672886, 3.682898, 3.471042, 3.27423 ] }, { "date": "2024-08-30", "close": 3.633917, "volume": 27400, "typical_volume": 121725.0, "trend": 3.053493, "fair_value": 3.052524, "relative_strength": 15.161982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.298451, "energy": 31.350252, "activity_lines": [ 3.633916, 3.680857, 3.506928, 3.314265 ] }, { "date": "2024-09-06", "close": 3.409841, "volume": 24400, "typical_volume": 121100.0, "trend": 3.09258, "fair_value": 3.0569, "relative_strength": 10.471705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.723557, "energy": 23.345517, "activity_lines": [ 3.542987, 3.631082, 3.517285, 3.337256 ] }, { "date": "2024-09-13", "close": 3.594947, "volume": 124700, "typical_volume": 85200.0, "trend": 3.127551, "fair_value": 3.061382, "relative_strength": 12.381474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.353052, "energy": 19.924465, "activity_lines": [ 3.548183, 3.619923, 3.541829, 3.369666 ] }, { "date": "2024-09-20", "close": 3.750825, "volume": 56400, "typical_volume": 84215.0, "trend": 3.167396, "fair_value": 3.066864, "relative_strength": 15.55181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.434685, "energy": 26.584787, "activity_lines": [ 3.61638, 3.636928, 3.577494, 3.409878 ] }, { "date": "2024-09-27", "close": 3.858852, "volume": 157000, "typical_volume": 87905.0, "trend": 3.215664, "fair_value": 3.073038, "relative_strength": 18.000846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.348614, "energy": 37.840206, "activity_lines": [ 3.7024, 3.670385, 3.618102, 3.454488 ] }, { "date": "2024-10-04", "close": 3.97134, "volume": 97400, "typical_volume": 83570.0, "trend": 3.262861, "fair_value": 3.075367, "relative_strength": 19.91041, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.246568, "energy": 54.72249, "activity_lines": [ 3.809621, 3.719674, 3.663982, 3.503241 ] }, { "date": "2024-10-11", "close": 3.990904, "volume": 42700, "typical_volume": 76350.0, "trend": 3.31553, "fair_value": 3.079924, "relative_strength": 18.540588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.248413, "energy": 67.391766, "activity_lines": [ 3.900869, 3.772585, 3.7069, 3.550211 ] }, { "date": "2024-10-18", "close": 4.059375, "volume": 56100, "typical_volume": 77065.0, "trend": 3.363411, "fair_value": 3.081917, "relative_strength": 18.436721, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.130414, "energy": 75.363787, "activity_lines": [ 3.976203, 3.836769, 3.7517, 3.598201 ] }, { "date": "2024-10-25", "close": 4.078938, "volume": 50800, "typical_volume": 75030.0, "trend": 3.408201, "fair_value": 3.087038, "relative_strength": 20.437736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.80829, "energy": 76.789674, "activity_lines": [ 4.027096, 3.899076, 3.79312, 3.644365 ] }, { "date": "2024-11-01", "close": 3.97134, "volume": 85900, "typical_volume": 70125.0, "trend": 3.448757, "fair_value": 3.09147, "relative_strength": 17.869397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.85836, "energy": 61.961203, "activity_lines": [ 4.020248, 3.930895, 3.818864, 3.680696 ] }, { "date": "2024-11-08", "close": 3.687674, "volume": 30000, "typical_volume": 69430.0, "trend": 3.479858, "fair_value": 3.092282, "relative_strength": 6.988668, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.929343, "energy": 35.878562, "activity_lines": [ 3.911347, 3.904649, 3.814015, 3.69611 ] }, { "date": "2024-11-15", "close": 3.355098, "volume": 72900, "typical_volume": 63575.0, "trend": 3.502136, "fair_value": 3.092763, "relative_strength": -3.221498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 4.758186, "energy": 11.080177, "activity_lines": [ 3.710497, 3.816957, 3.775405, 3.688061 ] }, { "date": "2024-11-22", "close": 3.805053, "volume": 32100, "typical_volume": 63800.0, "trend": 3.53521, "fair_value": 3.095528, "relative_strength": 7.14772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.241858, "energy": 21.312189, "activity_lines": [ 3.70202, 3.81207, 3.781208, 3.707604 ] }, { "date": "2024-11-29", "close": 3.609421, "volume": 7000, "typical_volume": 62125.0, "trend": 3.567905, "fair_value": 3.096919, "relative_strength": 0.739992, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.513946, "energy": 21.886951, "activity_lines": [ 3.645287, 3.767794, 3.767332, 3.712392 ] }, { "date": "2024-12-06", "close": 3.599639, "volume": 19100, "typical_volume": 59660.0, "trend": 3.597365, "fair_value": 3.099569, "relative_strength": 0.204711, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.865041, "energy": 17.685991, "activity_lines": [ 3.616594, 3.72431, 3.752362, 3.714439 ] }, { "date": "2024-12-13", "close": 3.48226, "volume": 39900, "typical_volume": 54970.0, "trend": 3.614829, "fair_value": 3.102668, "relative_strength": -1.625154, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.918463, "energy": 25.086458, "activity_lines": [ 3.573555, 3.664198, 3.726238, 3.707013 ] }, { "date": "2024-12-20", "close": 3.286627, "volume": 50600, "typical_volume": 55060.0, "trend": 3.623832, "fair_value": 3.102711, "relative_strength": -4.754184, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.409927, "energy": 49.343879, "activity_lines": [ 3.478999, 3.577408, 3.683828, 3.685839 ] }, { "date": "2024-12-27", "close": 3.30619, "volume": 12000, "typical_volume": 54475.0, "trend": 3.635428, "fair_value": 3.102999, "relative_strength": -5.03663, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.031979, "energy": 56.745141, "activity_lines": [ 3.395529, 3.50698, 3.646327, 3.665346 ] }, { "date": "2025-01-03", "close": 3.382094, "volume": 9900, "typical_volume": 53445.0, "trend": 3.650199, "fair_value": 3.102633, "relative_strength": -4.068429, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.441213, "energy": 63.4094, "activity_lines": [ 3.370618, 3.464048, 3.618218, 3.649002 ] }, { "date": "2025-01-10", "close": 3.342767, "volume": 26900, "typical_volume": 51160.0, "trend": 3.654284, "fair_value": 3.101894, "relative_strength": -4.16244, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.903996, "energy": 62.673148, "activity_lines": [ 3.347753, 3.426634, 3.586821, 3.629167 ] }, { "date": "2025-01-17", "close": 3.421421, "volume": 14400, "typical_volume": 50510.0, "trend": 3.660021, "fair_value": 3.101239, "relative_strength": -3.23999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.053151, "energy": 44.9688, "activity_lines": [ 3.368231, 3.414951, 3.564208, 3.614144 ] }, { "date": "2025-01-24", "close": 3.401757, "volume": 49500, "typical_volume": 51765.0, "trend": 3.650659, "fair_value": 3.101899, "relative_strength": -5.471702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.430222, "energy": 33.592956, "activity_lines": [ 3.38621, 3.404532, 3.540734, 3.597482 ] }, { "date": "2025-01-31", "close": 3.362431, "volume": 39600, "typical_volume": 47510.0, "trend": 3.643233, "fair_value": 3.102548, "relative_strength": -7.008923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.533916, "energy": 32.518536, "activity_lines": [ 3.383405, 3.386116, 3.513554, 3.578886 ] }, { "date": "2025-02-07", "close": 3.313272, "volume": 56800, "typical_volume": 47530.0, "trend": 3.634493, "fair_value": 3.10144, "relative_strength": -8.33908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.73364, "energy": 34.388063, "activity_lines": [ 3.360464, 3.366809, 3.482799, 3.557598 ] }, { "date": "2025-02-14", "close": 3.539401, "volume": 20700, "typical_volume": 40715.0, "trend": 3.632317, "fair_value": 3.101241, "relative_strength": -2.490481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.291768, "energy": 23.882126, "activity_lines": [ 3.417488, 3.394, 3.475663, 3.551463 ] }, { "date": "2025-02-21", "close": 3.303441, "volume": 23700, "typical_volume": 37030.0, "trend": 3.609935, "fair_value": 3.099889, "relative_strength": -7.923869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.489308, "energy": 29.318333, "activity_lines": [ 3.38275, 3.379386, 3.447577, 3.530246 ] }, { "date": "2025-02-28", "close": 3.480411, "volume": 66100, "typical_volume": 38200.0, "trend": 3.595076, "fair_value": 3.099252, "relative_strength": -4.258131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.302021, "energy": 19.932756, "activity_lines": [ 3.414866, 3.400199, 3.439525, 3.521889 ] }, { "date": "2025-03-07", "close": 3.391926, "volume": 22800, "typical_volume": 36535.0, "trend": 3.582788, "fair_value": 3.098047, "relative_strength": -4.549527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.911509, "energy": 17.775081, "activity_lines": [ 3.412245, 3.4014, 3.425477, 3.508783 ] }, { "date": "2025-03-14", "close": 3.627886, "volume": 45700, "typical_volume": 36280.0, "trend": 3.587783, "fair_value": 3.099136, "relative_strength": 2.431024, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.369459, "energy": 7.331903, "activity_lines": [ 3.48631, 3.443944, 3.437079, 3.511692 ] }, { "date": "2025-03-21", "close": 3.844183, "volume": 203500, "typical_volume": 42160.0, "trend": 3.595441, "fair_value": 3.102272, "relative_strength": 6.242815, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.12044, "energy": 24.27369, "activity_lines": [ 3.6115, 3.521346, 3.47143, 3.528234 ] }, { "date": "2025-03-28", "close": 4.089974, "volume": 50600, "typical_volume": 43190.0, "trend": 3.610643, "fair_value": 3.107164, "relative_strength": 13.362571, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.320348, "energy": 52.666491, "activity_lines": [ 3.798302, 3.634321, 3.529794, 3.56014 ] }, { "date": "2025-04-04", "close": 3.831265, "volume": 34800, "typical_volume": 41285.0, "trend": 3.62469, "fair_value": 3.110097, "relative_strength": 12.743545, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.125241, "energy": 49.848402, "activity_lines": [ 3.846431, 3.688102, 3.561604, 3.574373 ] }, { "date": "2025-04-11", "close": 4.078125, "volume": 34300, "typical_volume": 41395.0, "trend": 3.640796, "fair_value": 3.114733, "relative_strength": 17.276724, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.0365, "energy": 60.369863, "activity_lines": [ 3.953457, 3.778958, 3.614657, 3.603627 ] }, { "date": "2025-04-18", "close": 4.611343, "volume": 97400, "typical_volume": 45915.0, "trend": 3.66948, "fair_value": 3.122727, "relative_strength": 28.167547, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.507225, "energy": 73.184536, "activity_lines": [ 4.192476, 3.95375, 3.717192, 3.666243 ] }, { "date": "2025-04-25", "close": 4.40398, "volume": 98800, "typical_volume": 49900.0, "trend": 3.687651, "fair_value": 3.130052, "relative_strength": 19.066957, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.697875, "energy": 73.318137, "activity_lines": [ 4.29681, 4.067238, 3.795207, 3.71363 ] }, { "date": "2025-05-02", "close": 4.265738, "volume": 53600, "typical_volume": 50585.0, "trend": 3.697464, "fair_value": 3.136552, "relative_strength": 13.114394, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.726866, "energy": 67.691468, "activity_lines": [ 4.317744, 4.139871, 3.856226, 3.750926 ] }, { "date": "2025-05-09", "close": 4.374357, "volume": 39700, "typical_volume": 50040.0, "trend": 3.710246, "fair_value": 3.144228, "relative_strength": 13.765263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.266269, "energy": 65.815163, "activity_lines": [ 4.363166, 4.214758, 3.923859, 3.794597 ] }, { "date": "2025-05-16", "close": 4.621217, "volume": 105200, "typical_volume": 54700.0, "trend": 3.728974, "fair_value": 3.155829, "relative_strength": 16.658963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.602212, "energy": 53.337831, "activity_lines": [ 4.454669, 4.318274, 4.009823, 3.853369 ] }, { "date": "2025-05-23", "close": 4.49285, "volume": 35400, "typical_volume": 55975.0, "trend": 3.742771, "fair_value": 3.165466, "relative_strength": 13.271921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.02545, "energy": 47.934441, "activity_lines": [ 4.467176, 4.3761, 4.077299, 3.902651 ] }, { "date": "2025-05-30", "close": 4.779207, "volume": 35500, "typical_volume": 56405.0, "trend": 3.7697, "fair_value": 3.176939, "relative_strength": 18.394074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.734286, "energy": 53.76949, "activity_lines": [ 4.583036, 4.470264, 4.166758, 3.969518 ] }, { "date": "2025-06-06", "close": 4.581719, "volume": 111700, "typical_volume": 61270.0, "trend": 3.799502, "fair_value": 3.186785, "relative_strength": 11.85561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.926903, "energy": 46.455676, "activity_lines": [ 4.608051, 4.511521, 4.230568, 4.021906 ] }, { "date": "2025-06-13", "close": 4.917449, "volume": 114900, "typical_volume": 64540.0, "trend": 3.85158, "fair_value": 3.200105, "relative_strength": 19.167926, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.335215, "energy": 51.845216, "activity_lines": [ 4.723911, 4.604879, 4.320828, 4.094032 ] }, { "date": "2025-06-20", "close": 4.907574, "volume": 45600, "typical_volume": 64840.0, "trend": 3.888331, "fair_value": 3.213843, "relative_strength": 18.454913, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.483767, "energy": 58.050233, "activity_lines": [ 4.800272, 4.676693, 4.402929, 4.162161 ] }, { "date": "2025-06-27", "close": 4.196618, "volume": 264700, "typical_volume": 75235.0, "trend": 3.907904, "fair_value": 3.223864, "relative_strength": 0.693307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.504943, "energy": 36.833137, "activity_lines": [ 4.620559, 4.604161, 4.409963, 4.18205 ] }, { "date": "2025-07-04", "close": 4.491066, "volume": 93000, "typical_volume": 78850.0, "trend": 3.937618, "fair_value": 3.235592, "relative_strength": 6.284025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.455773, "energy": 28.621494, "activity_lines": [ 4.558743, 4.592706, 4.440833, 4.219673 ] }, { "date": "2025-07-11", "close": 4.33244, "volume": 101700, "typical_volume": 82750.0, "trend": 3.965958, "fair_value": 3.246484, "relative_strength": 2.601546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.197845, "energy": 18.624266, "activity_lines": [ 4.463261, 4.550826, 4.452063, 4.245146 ] }, { "date": "2025-07-18", "close": 4.352269, "volume": 85200, "typical_volume": 83705.0, "trend": 4.001479, "fair_value": 3.257562, "relative_strength": 1.968168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.831998, "energy": 21.97782, "activity_lines": [ 4.391008, 4.511338, 4.460283, 4.270069 ] }, { "date": "2025-07-25", "close": 4.580291, "volume": 44100, "typical_volume": 84770.0, "trend": 4.043949, "fair_value": 3.269502, "relative_strength": 6.706591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.966038, "energy": 18.228094, "activity_lines": [ 4.43244, 4.513711, 4.486067, 4.307412 ] }, { "date": "2025-08-01", "close": 4.28287, "volume": 25200, "typical_volume": 83745.0, "trend": 4.073975, "fair_value": 3.280136, "relative_strength": 1.755185, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.623154, "energy": 11.514114, "activity_lines": [ 4.396551, 4.462751, 4.477866, 4.322826 ] }, { "date": "2025-08-08", "close": 4.55055, "volume": 43200, "typical_volume": 75730.0, "trend": 4.114234, "fair_value": 3.292186, "relative_strength": 5.299391, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.412775, "energy": 12.219416, "activity_lines": [ 4.444139, 4.464279, 4.49204, 4.353573 ] }, { "date": "2025-08-15", "close": 4.510894, "volume": 22500, "typical_volume": 74325.0, "trend": 4.15055, "fair_value": 3.302779, "relative_strength": 3.694456, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.335861, "energy": 17.700104, "activity_lines": [ 4.474542, 4.462753, 4.499073, 4.379164 ] }, { "date": "2025-08-22", "close": 4.64969, "volume": 25200, "typical_volume": 73845.0, "trend": 4.192148, "fair_value": 3.314924, "relative_strength": 5.156623, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.606928, "energy": 21.355544, "activity_lines": [ 4.539314, 4.487751, 4.51732, 4.411366 ] }, { "date": "2025-08-29", "close": 5.006596, "volume": 61900, "typical_volume": 75225.0, "trend": 4.246953, "fair_value": 3.329116, "relative_strength": 12.040212, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.4397, "energy": 51.215374, "activity_lines": [ 4.703226, 4.582509, 4.565662, 4.463911 ] }, { "date": "2025-09-05", "close": 4.867799, "volume": 34900, "typical_volume": 72100.0, "trend": 4.298771, "fair_value": 3.342358, "relative_strength": 6.876367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.277462, "energy": 56.603221, "activity_lines": [ 4.792452, 4.650231, 4.596363, 4.503966 ] }, { "date": "2025-09-12", "close": 4.847971, "volume": 50100, "typical_volume": 69665.0, "trend": 4.34239, "fair_value": 3.355353, "relative_strength": 5.42501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.548749, "energy": 60.374312, "activity_lines": [ 4.836074, 4.702144, 4.623955, 4.539398 ] }, { "date": "2025-09-19", "close": 5.066081, "volume": 50100, "typical_volume": 69490.0, "trend": 4.401145, "fair_value": 3.369205, "relative_strength": 8.201986, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.002137, "energy": 67.14311, "activity_lines": [ 4.932571, 4.787225, 4.670204, 4.586088 ] }, { "date": "2025-09-26", "close": 5.789806, "volume": 242300, "typical_volume": 79620.0, "trend": 4.478124, "fair_value": 3.388718, "relative_strength": 23.18484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.980458, "energy": 84.380394, "activity_lines": [ 5.233297, 4.990553, 4.781569, 4.675679 ] }, { "date": "2025-10-03", "close": 5.766937, "volume": 105900, "typical_volume": 79655.0, "trend": 4.557292, "fair_value": 3.407784, "relative_strength": 19.475534, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.404228, "energy": 86.096017, "activity_lines": [ 5.450393, 5.163586, 4.884016, 4.758828 ] }, { "date": "2025-10-10", "close": 6.144771, "volume": 103100, "typical_volume": 83040.0, "trend": 4.641188, "fair_value": 3.429932, "relative_strength": 29.279569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.644261, "energy": 91.719541, "activity_lines": [ 5.742744, 5.383741, 5.016991, 4.861246 ] }, { "date": "2025-10-17", "close": 6.184543, "volume": 81100, "typical_volume": 85320.0, "trend": 4.7192, "fair_value": 3.452433, "relative_strength": 28.353986, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.054612, "energy": 90.829766, "activity_lines": [ 5.96322, 5.577275, 5.145887, 4.960818 ] }, { "date": "2025-10-24", "close": 5.518362, "volume": 95000, "typical_volume": 84485.0, "trend": 4.766813, "fair_value": 3.469879, "relative_strength": 13.399771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.791094, "energy": 68.14074, "activity_lines": [ 5.872532, 5.619975, 5.204646, 5.012376 ] }, { "date": "2025-10-31", "close": 5.955854, "volume": 51600, "typical_volume": 81320.0, "trend": 4.837632, "fair_value": 3.489103, "relative_strength": 22.27845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.18558, "energy": 56.086002, "activity_lines": [ 5.897522, 5.723902, 5.30061, 5.089089 ] }, { "date": "2025-11-07", "close": 5.458704, "volume": 38500, "typical_volume": 80965.0, "trend": 4.883652, "fair_value": 3.502967, "relative_strength": 12.924625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.645013, "energy": 42.520901, "activity_lines": [ 5.745725, 5.71369, 5.344282, 5.129158 ] }, { "date": "2025-11-14", "close": 5.568077, "volume": 69100, "typical_volume": 71185.0, "trend": 4.915543, "fair_value": 3.518317, "relative_strength": 12.957508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.973932, "energy": 27.366137, "activity_lines": [ 5.650935, 5.715143, 5.395746, 5.173314 ] }, { "date": "2025-11-21", "close": 5.667507, "volume": 92200, "typical_volume": 71145.0, "trend": 4.95766, "fair_value": 3.534545, "relative_strength": 15.084266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.591997, "energy": 25.918931, "activity_lines": [ 5.627735, 5.721943, 5.450149, 5.221828 ] }, { "date": "2025-11-28", "close": 6.681693, "volume": 81500, "typical_volume": 70135.0, "trend": 5.038192, "fair_value": 3.556852, "relative_strength": 29.295584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.257622, "energy": 44.590716, "activity_lines": [ 5.977066, 5.898239, 5.595538, 5.333056 ] }, { "date": "2025-12-05", "close": 7.43736, "volume": 91700, "typical_volume": 70460.0, "trend": 5.140292, "fair_value": 3.584426, "relative_strength": 42.623808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.195915, "energy": 74.396429, "activity_lines": [ 6.50073, 6.182554, 5.80171, 5.487841 ] }, { "date": "2025-12-12", "close": 7.238501, "volume": 47300, "typical_volume": 70620.0, "trend": 5.227535, "fair_value": 3.611872, "relative_strength": 36.41309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.42312, "energy": 82.208223, "activity_lines": [ 6.859341, 6.400758, 5.974251, 5.62321 ] }, { "date": "2025-12-19", "close": 7.168899, "volume": 88100, "typical_volume": 73765.0, "trend": 5.316737, "fair_value": 3.639295, "relative_strength": 32.732233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.995578, "energy": 81.533505, "activity_lines": [ 7.076098, 6.579551, 6.127505, 5.748459 ] }, { "date": "2025-12-26", "close": 6.960097, "volume": 18200, "typical_volume": 72515.0, "trend": 5.389433, "fair_value": 3.664867, "relative_strength": 26.67804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.511446, "energy": 78.083465, "activity_lines": [ 7.116533, 6.701759, 6.247131, 5.854482 ] }, { "date": "2026-01-02", "close": 6.409906, "volume": 147500, "typical_volume": 78765.0, "trend": 5.450373, "fair_value": 3.686852, "relative_strength": 16.228941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.890156, "energy": 49.279697, "activity_lines": [ 6.887398, 6.709832, 6.302883, 5.920319 ] }, { "date": "2026-01-09", "close": 6.529531, "volume": 86100, "typical_volume": 81810.0, "trend": 5.504109, "fair_value": 3.709907, "relative_strength": 14.916053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.339687, "energy": 35.120202, "activity_lines": [ 6.716258, 6.723445, 6.360985, 5.989942 ] }, { "date": "2026-01-16", "close": 6.968156, "volume": 129700, "typical_volume": 85200.0, "trend": 5.572795, "fair_value": 3.73638, "relative_strength": 20.062012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.046761, "energy": 32.92299, "activity_lines": [ 6.751848, 6.806378, 6.451909, 6.084397 ] }, { "date": "2026-01-23", "close": 7.556313, "volume": 168400, "typical_volume": 91875.0, "trend": 5.684784, "fair_value": 3.764804, "relative_strength": 28.45819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.702085, "energy": 44.539367, "activity_lines": [ 7.001513, 6.968803, 6.589508, 6.212366 ] }, { "date": "2026-01-30", "close": 7.197437, "volume": 109200, "typical_volume": 94830.0, "trend": 5.774997, "fair_value": 3.791292, "relative_strength": 25.761215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.098685, "energy": 43.563022, "activity_lines": [ 7.105725, 7.029829, 6.680126, 6.309956 ] }, { "date": "2026-02-06", "close": 7.107719, "volume": 132500, "typical_volume": 98950.0, "trend": 5.867506, "fair_value": 3.817447, "relative_strength": 20.949091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.664357, "energy": 42.515943, "activity_lines": [ 7.164208, 7.046725, 6.751011, 6.395938 ] }, { "date": "2026-02-13", "close": 7.25725, "volume": 108900, "typical_volume": 92280.0, "trend": 5.964339, "fair_value": 3.844257, "relative_strength": 20.214443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.449407, "energy": 42.532728, "activity_lines": [ 7.226015, 7.083063, 6.826414, 6.485599 ] }, { "date": "2026-02-20", "close": 7.745718, "volume": 89500, "typical_volume": 91460.0, "trend": 6.069853, "fair_value": 3.874623, "relative_strength": 24.205531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.234746, "energy": 44.729586, "activity_lines": [ 7.402129, 7.211488, 6.941351, 6.600527 ] }, { "date": "2026-02-27", "close": 8.672812, "volume": 126000, "typical_volume": 92605.0, "trend": 6.216184, "fair_value": 3.911174, "relative_strength": 35.325846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.128649, "energy": 63.771638, "activity_lines": [ 7.835437, 7.499253, 7.13516, 6.76846 ] }, { "date": "2026-03-06", "close": 8.353812, "volume": 118200, "typical_volume": 94460.0, "trend": 6.34296, "fair_value": 3.945681, "relative_strength": 33.70672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.105516, "energy": 70.560066, "activity_lines": [ 8.087979, 7.701675, 7.28655, 6.906371 ] }, { "date": "2026-03-13", "close": 7.57625, "volume": 103200, "typical_volume": 94870.0, "trend": 6.445138, "fair_value": 3.972777, "relative_strength": 22.221731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.613919, "energy": 57.307713, "activity_lines": [ 8.004241, 7.737381, 7.353556, 6.985938 ] }, { "date": "2026-03-20", "close": 6.649156, "volume": 451000, "typical_volume": 114840.0, "trend": 6.511787, "fair_value": 3.992657, "relative_strength": 10.806914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.413497, "energy": 27.761638, "activity_lines": [ 7.580237, 7.583318, 7.322468, 6.999101 ] }, { "date": "2026-03-27", "close": 6.689031, "volume": 110900, "typical_volume": 118460.0, "trend": 6.567868, "fair_value": 4.01009, "relative_strength": 8.746434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.243537, "energy": 14.226349, "activity_lines": [ 7.210064, 7.434331, 7.291876, 7.010536 ] }, { "date": "2026-04-03", "close": 7.31, "volume": 104300, "typical_volume": 120220.0, "trend": 6.649275, "fair_value": 4.03187, "relative_strength": 14.088951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.361378, "energy": 20.231033, "activity_lines": [ 7.117327, 7.403322, 7.314565, 7.058415 ] }, { "date": "2026-04-10", "close": 7.8, "volume": 99100, "typical_volume": 120565.0, "trend": 6.747676, "fair_value": 4.058312, "relative_strength": 18.921215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.485833, "energy": 21.679083, "activity_lines": [ 7.278777, 7.465882, 7.375627, 7.132656 ] }, { "date": "2026-04-17", "close": 7.71, "volume": 48000, "typical_volume": 118890.0, "trend": 6.835807, "fair_value": 4.083873, "relative_strength": 14.938123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.838365, "energy": 16.044351, "activity_lines": [ 7.447148, 7.501123, 7.417962, 7.194741 ] }, { "date": "2026-04-24", "close": 7.35, "volume": 52000, "typical_volume": 116905.0, "trend": 6.887813, "fair_value": 4.10664, "relative_strength": 10.580552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.368156, "energy": 22.158176, "activity_lines": [ 7.486602, 7.459959, 7.421114, 7.227915 ] }, { "date": "2026-05-01", "close": 7.227577, "volume": 51400, "typical_volume": 117110.0, "trend": 6.936501, "fair_value": 4.128926, "relative_strength": 8.324845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.539817, "energy": 17.602192, "activity_lines": [ 7.438526, 7.39485, 7.413024, 7.249835 ] }, { "date": "2026-05-08", "close": 8.134763, "volume": 62500, "typical_volume": 115830.0, "trend": 7.002834, "fair_value": 4.157575, "relative_strength": 20.474749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.125237, "energy": 29.896404, "activity_lines": [ 7.656942, 7.504104, 7.491384, 7.327142 ] }, { "date": "2026-05-15", "close": 8.503618, "volume": 173300, "typical_volume": 123585.0, "trend": 7.080137, "fair_value": 4.189197, "relative_strength": 25.949847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.334102, "energy": 44.977045, "activity_lines": [ 7.943325, 7.690206, 7.600273, 7.423967 ] }, { "date": "2026-05-22", "close": 8.16467, "volume": 50700, "typical_volume": 118745.0, "trend": 7.168347, "fair_value": 4.220595, "relative_strength": 17.972319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.7199, "energy": 49.37042, "activity_lines": [ 8.069818, 7.811957, 7.669532, 7.493937 ] }, { "date": "2026-05-29", "close": 7.965289, "volume": 63100, "typical_volume": 117595.0, "trend": 7.235328, "fair_value": 4.250471, "relative_strength": 13.599964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.010221, "energy": 51.620663, "activity_lines": [ 8.099539, 7.886758, 7.711446, 7.545352 ] }, { "date": "2026-06-05", "close": 6.978351, "volume": 13600, "typical_volume": 111790.0, "trend": 7.285983, "fair_value": 4.273533, "relative_strength": 0.271465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.558687, "energy": 18.840683, "activity_lines": [ 7.759261, 7.758187, 7.652529, 7.528773 ] }, { "date": "2026-06-12", "close": 7.237547, "volume": 5000, "typical_volume": 103620.0, "trend": 7.341632, "fair_value": 4.300875, "relative_strength": 2.224737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.168748, "energy": 11.315551, "activity_lines": [ 7.521998, 7.671481, 7.618249, 7.525648 ] }, { "date": "2026-06-19", "close": 7.078041, "volume": 3800, "typical_volume": 98350.0, "trend": 7.38865, "fair_value": 4.327072, "relative_strength": -0.279568, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.943399, "energy": 19.448208, "activity_lines": [ 7.29138, 7.557092, 7.570296, 7.508643 ] }, { "date": "2026-06-26", "close": 6.918536, "volume": 36400, "typical_volume": 93545.0, "trend": 7.396545, "fair_value": 4.351665, "relative_strength": -2.930771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.64942, "energy": 28.063904, "activity_lines": [ 7.102632, 7.426828, 7.50772, 7.478313 ] }, { "date": "2026-07-03", "close": 6.85, "volume": 30700, "typical_volume": 89635.0, "trend": 7.376966, "fair_value": 4.376307, "relative_strength": -4.875433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.481097, "energy": 47.409284, "activity_lines": [ 6.974114, 7.298494, 7.439518, 7.443052 ] }, { "date": "2026-07-10", "close": 6.44, "volume": 84800, "typical_volume": 89400.0, "trend": 7.350349, "fair_value": 4.397343, "relative_strength": -10.901174, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.241648, "energy": 57.517968, "activity_lines": [ 6.783282, 7.104705, 7.334208, 7.382602 ] }, { "date": "2026-07-17", "close": 5.83, "volume": 63800, "typical_volume": 86290.0, "trend": 7.305719, "fair_value": 4.415325, "relative_strength": -19.291316, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.59209, "energy": 76.397774, "activity_lines": [ 6.425008, 6.814327, 7.17702, 7.284515 ] }, { "date": "2026-07-24", "close": 6.19, "volume": 37200, "typical_volume": 82240.0, "trend": 7.280049, "fair_value": 4.43586, "relative_strength": -14.629972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.162349, "energy": 73.221982, "activity_lines": [ 6.280569, 6.631307, 7.067655, 7.212533 ] }, { "date": "2026-07-31", "close": 6.21, "volume": 63400, "typical_volume": 80250.0, "trend": 7.273386, "fair_value": 4.457317, "relative_strength": -14.149688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.067152, "energy": 71.570059, "activity_lines": [ 6.202, 6.49399, 6.970499, 7.143498 ] }, { "date": "2026-08-07", "close": 7.05, "volume": 55600, "typical_volume": 60480.0, "trend": 7.290735, "fair_value": 4.484894, "relative_strength": -5.894579, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.217574, "energy": 49.282187, "activity_lines": [ 6.450667, 6.54494, 6.959848, 7.129086 ] } ], "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." } } }