{
  "ticker": {
    "uuid": "12fad261-31fa-4b67-bdee-d828ea6385a9",
    "symbol": "SKIL",
    "name": "SKIL Infrastructure Limited",
    "exchange": "NSI",
    "country": "IN",
    "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": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -40.71,
    "architecture_energy": 27.826,
    "architecture_maturity": 90.858,
    "architecture_confidence": 62.577,
    "architecture_tenure": "Established",
    "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": 44.35,
        "rotation_up": 24.94,
        "upward_expansion": 14.63,
        "deceleration": 66.56,
        "rotation_down": 35.52,
        "downward_expansion": 62.29
      },
      "activity_lines": [
        0.932,
        0.926182,
        0.941238,
        0.96286
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 0.94,
    "trend_reference": 1.018667,
    "distance_from_trend": -0.077225,
    "trend_direction": "Weakening",
    "fair_value": 3.844167,
    "distance_from_fair_value": -0.755474,
    "fair_value_direction": "Improving",
    "relative_strength": -19.711174,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.265625,
    "excess_performance": -0.221916,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.077225,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.082833,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.755474,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.008148,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.197112,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.183516,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.265625,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.373091,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 32482,
      "relative_activity": 0.274926,
      "balance": 1.373091,
      "dry_up": 0.500393,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.051555,
      "annualized_volatility": 0.271315,
      "from_high_reference": -0.541463,
      "from_low_reference": 0.119048
    },
    "levels": {
      "trend_reference": 1.018667,
      "fair_value_reference": 3.844167,
      "structural_low": 0.84,
      "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": 32,
        "median_return": -0.019043,
        "positive_rate": 0.40625,
        "directional_follow_through": 0.5625,
        "median_excess_return": -0.016383,
        "regime_survival": 0.84375,
        "best_return": 0.204659,
        "worst_return": -0.193548,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.094374,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.064934,
        "regime_survival": 0.636364,
        "best_return": 0.272727,
        "worst_return": -0.425926,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.137931,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.09847,
        "regime_survival": 0.714286,
        "best_return": 0.396226,
        "worst_return": -0.590106,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.105887,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.180452,
        "regime_survival": 0.5,
        "best_return": 2.018182,
        "worst_return": -0.646643,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-04-14",
        "end": "2023-05-26",
        "tenure": "Developing",
        "return": -0.098592,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-06-02",
        "end": "2023-06-30",
        "tenure": "Developing",
        "return": 0.193548,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-07-07",
        "end": "2023-09-22",
        "tenure": "Developing",
        "return": 0.053333,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-09-29",
        "end": "2023-10-13",
        "tenure": "New",
        "return": 0.089744,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-10-20",
        "end": "2024-03-15",
        "tenure": "Established",
        "return": 0.696629,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-22",
        "end": "2024-04-19",
        "tenure": "Developing",
        "return": -0.180556,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-04-26",
        "end": "2024-05-31",
        "tenure": "Developing",
        "return": -0.081967,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-07",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.225926,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-26",
        "end": "2024-08-02",
        "tenure": "New",
        "return": 0.041727,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-09",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.187838,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-13",
        "end": "2024-09-20",
        "tenure": "New",
        "return": -0.050877,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2026-02-06",
        "tenure": "Extended",
        "return": -0.767695,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-13",
        "end": "2026-02-20",
        "tenure": "New",
        "return": -0.04918,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-27",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.153153,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 4.05,
        "volume": 650854,
        "typical_volume": 128492.55,
        "trend": 3.325,
        "fair_value": 3.308333,
        "relative_strength": 14.329189,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.15932,
        "energy": 78.429324,
        "activity_lines": [
          3.95,
          3.829091,
          3.650476,
          3.52957
        ]
      },
      {
        "date": "2023-08-25",
        "close": 4.15,
        "volume": 430804,
        "typical_volume": 149433.55,
        "trend": 3.371667,
        "fair_value": 3.310577,
        "relative_strength": 16.980207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.086196,
        "energy": 84.769745,
        "activity_lines": [
          4.043333,
          3.904545,
          3.706905,
          3.582796
        ]
      },
      {
        "date": "2023-09-01",
        "close": 3.95,
        "volume": 224647,
        "typical_volume": 158106.2,
        "trend": 3.415,
        "fair_value": 3.313782,
        "relative_strength": 10.197883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.456482,
        "energy": 71.463769,
        "activity_lines": [
          4.033333,
          3.93,
          3.740952,
          3.620108
        ]
      },
      {
        "date": "2023-09-08",
        "close": 3.9,
        "volume": 225921,
        "typical_volume": 165884.4,
        "trend": 3.46,
        "fair_value": 3.320513,
        "relative_strength": 6.654568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.417762,
        "energy": 50.074481,
        "activity_lines": [
          3.993333,
          3.939091,
          3.768333,
          3.651398
        ]
      },
      {
        "date": "2023-09-15",
        "close": 3.8,
        "volume": 185863,
        "typical_volume": 172749.1,
        "trend": 3.498333,
        "fair_value": 3.324679,
        "relative_strength": 2.064491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.855059,
        "energy": 33.85643,
        "activity_lines": [
          3.92,
          3.926364,
          3.784286,
          3.673333
        ]
      },
      {
        "date": "2023-09-22",
        "close": 3.95,
        "volume": 103239,
        "typical_volume": 175220.4,
        "trend": 3.538333,
        "fair_value": 3.328846,
        "relative_strength": 8.901092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.943869,
        "energy": 26.349428,
        "activity_lines": [
          3.913333,
          3.94,
          3.813095,
          3.702473
        ]
      },
      {
        "date": "2023-09-29",
        "close": 3.9,
        "volume": 173608,
        "typical_volume": 181512.75,
        "trend": 3.573333,
        "fair_value": 3.333013,
        "relative_strength": 7.788622,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.257229,
        "energy": 21.773074,
        "activity_lines": [
          3.896667,
          3.938182,
          3.834524,
          3.725806
        ]
      },
      {
        "date": "2023-10-06",
        "close": 4.05,
        "volume": 178757,
        "typical_volume": 185291.1,
        "trend": 3.61,
        "fair_value": 3.339744,
        "relative_strength": 11.734591,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.286965,
        "energy": 27.370174,
        "activity_lines": [
          3.946667,
          3.958182,
          3.868333,
          3.756559
        ]
      },
      {
        "date": "2023-10-13",
        "close": 4.25,
        "volume": 604243,
        "typical_volume": 212425.45,
        "trend": 3.651667,
        "fair_value": 3.350321,
        "relative_strength": 16.356963,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.068871,
        "energy": 43.294616,
        "activity_lines": [
          4.056667,
          4.009091,
          3.917857,
          3.797849
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4.45,
        "volume": 371268,
        "typical_volume": 223526.05,
        "trend": 3.695,
        "fair_value": 3.360577,
        "relative_strength": 22.586203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.961356,
        "energy": 68.581088,
        "activity_lines": [
          4.21,
          4.09,
          3.981429,
          3.849355
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4.65,
        "volume": 317931,
        "typical_volume": 232078.25,
        "trend": 3.74,
        "fair_value": 3.374679,
        "relative_strength": 30.710442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.592921,
        "energy": 85.227748,
        "activity_lines": [
          4.386667,
          4.2,
          4.057619,
          3.910968
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4.85,
        "volume": 196840,
        "typical_volume": 240007.35,
        "trend": 3.786667,
        "fair_value": 3.391026,
        "relative_strength": 34.254925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.26111,
        "energy": 91.911578,
        "activity_lines": [
          4.583333,
          4.335455,
          4.14619,
          3.982581
        ]
      },
      {
        "date": "2023-11-10",
        "close": 5.05,
        "volume": 18457,
        "typical_volume": 239551.25,
        "trend": 3.836667,
        "fair_value": 3.408654,
        "relative_strength": 37.415826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.187384,
        "energy": 94.750603,
        "activity_lines": [
          4.783333,
          4.494545,
          4.246905,
          4.064086
        ]
      },
      {
        "date": "2023-11-17",
        "close": 5.3,
        "volume": 27526,
        "typical_volume": 240291.05,
        "trend": 3.896667,
        "fair_value": 3.428205,
        "relative_strength": 40.908877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.792932,
        "energy": 96.236054,
        "activity_lines": [
          5.0,
          4.679091,
          4.364286,
          4.158495
        ]
      },
      {
        "date": "2023-11-24",
        "close": 5.55,
        "volume": 164906,
        "typical_volume": 233249.75,
        "trend": 3.965,
        "fair_value": 3.445833,
        "relative_strength": 45.78332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.818634,
        "energy": 96.815387,
        "activity_lines": [
          5.23,
          4.883636,
          4.497857,
          4.265161
        ]
      },
      {
        "date": "2023-12-01",
        "close": 5.8,
        "volume": 50268,
        "typical_volume": 223461.4,
        "trend": 4.045,
        "fair_value": 3.467628,
        "relative_strength": 47.374266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.851853,
        "energy": 97.346312,
        "activity_lines": [
          5.47,
          5.101818,
          4.646667,
          4.383548
        ]
      },
      {
        "date": "2023-12-08",
        "close": 6.05,
        "volume": 56824,
        "typical_volume": 216567.65,
        "trend": 4.13,
        "fair_value": 3.490705,
        "relative_strength": 47.137027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.376544,
        "energy": 97.606979,
        "activity_lines": [
          5.716667,
          5.331818,
          4.80881,
          4.512903
        ]
      },
      {
        "date": "2023-12-15",
        "close": 6.35,
        "volume": 35370,
        "typical_volume": 211421.2,
        "trend": 4.23,
        "fair_value": 3.513782,
        "relative_strength": 49.278012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.691855,
        "energy": 98.100662,
        "activity_lines": [
          5.983333,
          5.577273,
          4.987857,
          4.656129
        ]
      },
      {
        "date": "2023-12-22",
        "close": 6.65,
        "volume": 50123,
        "typical_volume": 207547.7,
        "trend": 4.345,
        "fair_value": 3.538782,
        "relative_strength": 55.132838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.124787,
        "energy": 98.264192,
        "activity_lines": [
          6.263333,
          5.835455,
          5.183095,
          4.812258
        ]
      },
      {
        "date": "2023-12-29",
        "close": 6.95,
        "volume": 33049,
        "typical_volume": 205024.9,
        "trend": 4.473333,
        "fair_value": 3.561859,
        "relative_strength": 57.005313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.557123,
        "energy": 98.426515,
        "activity_lines": [
          6.553333,
          6.104545,
          5.39381,
          4.980323
        ]
      },
      {
        "date": "2024-01-05",
        "close": 7.25,
        "volume": 28060,
        "typical_volume": 173885.2,
        "trend": 4.606667,
        "fair_value": 3.583974,
        "relative_strength": 61.493042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.646363,
        "energy": 98.460313,
        "activity_lines": [
          6.85,
          6.382727,
          5.619286,
          5.159462
        ]
      },
      {
        "date": "2024-01-12",
        "close": 7.6,
        "volume": 121871,
        "typical_volume": 158438.55,
        "trend": 4.746667,
        "fair_value": 3.608333,
        "relative_strength": 65.103875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.567019,
        "energy": 98.787666,
        "activity_lines": [
          7.166667,
          6.677273,
          5.862857,
          5.352581
        ]
      },
      {
        "date": "2024-01-19",
        "close": 7.95,
        "volume": 61946,
        "typical_volume": 150303.5,
        "trend": 4.893333,
        "fair_value": 3.635897,
        "relative_strength": 71.591623,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.579162,
        "energy": 98.780325,
        "activity_lines": [
          7.496667,
          6.985455,
          6.123333,
          5.559247
        ]
      },
      {
        "date": "2024-01-26",
        "close": 8.3,
        "volume": 126248,
        "typical_volume": 145319.85,
        "trend": 5.046667,
        "fair_value": 3.667628,
        "relative_strength": 77.701536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.394345,
        "energy": 98.61847,
        "activity_lines": [
          7.836667,
          7.304545,
          6.398095,
          5.779032
        ]
      },
      {
        "date": "2024-02-02",
        "close": 8.7,
        "volume": 25426,
        "typical_volume": 137298.0,
        "trend": 5.211667,
        "fair_value": 3.699679,
        "relative_strength": 78.084643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.603496,
        "energy": 98.133934,
        "activity_lines": [
          8.2,
          7.641818,
          6.69,
          6.014731
        ]
      },
      {
        "date": "2024-02-09",
        "close": 9.1,
        "volume": 24412,
        "typical_volume": 133356.65,
        "trend": 5.395,
        "fair_value": 3.734615,
        "relative_strength": 82.563825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.499698,
        "energy": 92.747476,
        "activity_lines": [
          8.58,
          7.994545,
          6.996667,
          6.265591
        ]
      },
      {
        "date": "2024-02-16",
        "close": 9.2,
        "volume": 2333965,
        "typical_volume": 241374.5,
        "trend": 5.581667,
        "fair_value": 3.771474,
        "relative_strength": 78.364739,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.237602,
        "energy": 76.220928,
        "activity_lines": [
          8.87,
          8.305455,
          7.288333,
          6.511075
        ]
      },
      {
        "date": "2024-02-23",
        "close": 8.75,
        "volume": 615848,
        "typical_volume": 263229.05,
        "trend": 5.748333,
        "fair_value": 3.80641,
        "relative_strength": 65.11823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.630138,
        "energy": 68.94658,
        "activity_lines": [
          8.903333,
          8.477273,
          7.511905,
          6.715484
        ]
      },
      {
        "date": "2024-03-01",
        "close": 8.35,
        "volume": 112619,
        "typical_volume": 238647.85,
        "trend": 5.896667,
        "fair_value": 3.840385,
        "relative_strength": 54.050659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.069753,
        "energy": 67.944774,
        "activity_lines": [
          8.75,
          8.532727,
          7.675,
          6.883333
        ]
      },
      {
        "date": "2024-03-08",
        "close": 7.95,
        "volume": 527942,
        "typical_volume": 246481.55,
        "trend": 6.026667,
        "fair_value": 3.872436,
        "relative_strength": 43.567704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.914261,
        "energy": 60.05556,
        "activity_lines": [
          8.46,
          8.484545,
          7.780476,
          7.015806
        ]
      },
      {
        "date": "2024-03-15",
        "close": 7.55,
        "volume": 177873,
        "typical_volume": 239478.65,
        "trend": 6.143333,
        "fair_value": 3.901923,
        "relative_strength": 37.45785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.84255,
        "energy": 41.902275,
        "activity_lines": [
          8.086667,
          8.345455,
          7.83119,
          7.114086
        ]
      },
      {
        "date": "2024-03-22",
        "close": 7.2,
        "volume": 8089,
        "typical_volume": 230041.1,
        "trend": 6.245,
        "fair_value": 3.930449,
        "relative_strength": 29.255408,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.168529,
        "energy": 38.735102,
        "activity_lines": [
          7.7,
          8.137273,
          7.834762,
          7.182258
        ]
      },
      {
        "date": "2024-03-29",
        "close": 6.85,
        "volume": 24017,
        "typical_volume": 230319.1,
        "trend": 6.341667,
        "fair_value": 3.958013,
        "relative_strength": 20.630531,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.360045,
        "energy": 31.084778,
        "activity_lines": [
          7.33,
          7.872727,
          7.79381,
          7.22129
        ]
      },
      {
        "date": "2024-04-05",
        "close": 6.5,
        "volume": 80554,
        "typical_volume": 232970.5,
        "trend": 6.428333,
        "fair_value": 3.983013,
        "relative_strength": 12.727211,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -20.218306,
        "energy": 41.217006,
        "activity_lines": [
          6.97,
          7.564545,
          7.710952,
          7.231505
        ]
      },
      {
        "date": "2024-04-12",
        "close": 6.2,
        "volume": 394546,
        "typical_volume": 244452.5,
        "trend": 6.508333,
        "fair_value": 4.006731,
        "relative_strength": 6.885698,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -26.240165,
        "energy": 48.472265,
        "activity_lines": [
          6.633333,
          7.234545,
          7.59381,
          7.216774
        ]
      },
      {
        "date": "2024-04-19",
        "close": 5.9,
        "volume": 112560,
        "typical_volume": 247567.1,
        "trend": 6.573333,
        "fair_value": 4.029487,
        "relative_strength": 2.903165,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -47.017655,
        "energy": 72.034208,
        "activity_lines": [
          6.313333,
          6.895455,
          7.445,
          7.177527
        ]
      },
      {
        "date": "2024-04-26",
        "close": 6.1,
        "volume": 479861,
        "typical_volume": 268718.95,
        "trend": 6.646667,
        "fair_value": 4.052564,
        "relative_strength": 4.488152,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.551501,
        "energy": 73.674208,
        "activity_lines": [
          6.17,
          6.650909,
          7.314762,
          7.146989
        ]
      },
      {
        "date": "2024-05-03",
        "close": 5.95,
        "volume": 281324,
        "typical_volume": 281016.65,
        "trend": 6.71,
        "fair_value": 4.074359,
        "relative_strength": 1.093675,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.913344,
        "energy": 71.333976,
        "activity_lines": [
          6.05,
          6.435455,
          7.17,
          7.102043
        ]
      },
      {
        "date": "2024-05-10",
        "close": 5.7,
        "volume": 322372,
        "typical_volume": 294629.1,
        "trend": 6.758333,
        "fair_value": 4.093269,
        "relative_strength": -1.792518,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.052489,
        "energy": 65.505153,
        "activity_lines": [
          5.906667,
          6.225455,
          7.003333,
          7.036882
        ]
      },
      {
        "date": "2024-05-17",
        "close": 5.45,
        "volume": 352373,
        "typical_volume": 310595.3,
        "trend": 6.791667,
        "fair_value": 4.110577,
        "relative_strength": -8.210054,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.645777,
        "energy": 66.275026,
        "activity_lines": [
          5.733333,
          6.018182,
          6.817381,
          6.952473
        ]
      },
      {
        "date": "2024-05-24",
        "close": 5.6,
        "volume": 149998,
        "typical_volume": 316692.2,
        "trend": 6.823333,
        "fair_value": 4.127564,
        "relative_strength": -8.175027,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.368765,
        "energy": 69.634291,
        "activity_lines": [
          5.66,
          5.883636,
          6.652857,
          6.875591
        ]
      },
      {
        "date": "2024-05-31",
        "close": 5.6,
        "volume": 178035,
        "typical_volume": 319500.4,
        "trend": 6.848333,
        "fair_value": 4.140064,
        "relative_strength": -6.984581,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -68.686114,
        "energy": 81.653506,
        "activity_lines": [
          5.606667,
          5.784545,
          6.49619,
          6.796667
        ]
      },
      {
        "date": "2024-06-07",
        "close": 5.4,
        "volume": 238704,
        "typical_volume": 328338.3,
        "trend": 6.86,
        "fair_value": 4.145833,
        "relative_strength": -13.584442,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.736297,
        "energy": 85.257415,
        "activity_lines": [
          5.52,
          5.678182,
          6.33,
          6.703226
        ]
      },
      {
        "date": "2024-06-14",
        "close": 5.42,
        "volume": 281217,
        "typical_volume": 336086.75,
        "trend": 6.864,
        "fair_value": 4.147885,
        "relative_strength": -14.222606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.962076,
        "energy": 77.49817,
        "activity_lines": [
          5.476667,
          5.601818,
          6.177857,
          6.610323
        ]
      },
      {
        "date": "2024-06-21",
        "close": 5.69,
        "volume": 89211,
        "typical_volume": 339276.0,
        "trend": 6.868667,
        "fair_value": 4.158077,
        "relative_strength": -10.417795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.302811,
        "energy": 61.490199,
        "activity_lines": [
          5.542,
          5.594182,
          6.065143,
          6.534581
        ]
      },
      {
        "date": "2024-06-28",
        "close": 5.96,
        "volume": 168814,
        "typical_volume": 346496.1,
        "trend": 6.874,
        "fair_value": 4.175128,
        "relative_strength": -8.518732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.036922,
        "energy": 48.83327,
        "activity_lines": [
          5.681333,
          5.644909,
          5.992476,
          6.475957
        ]
      },
      {
        "date": "2024-07-05",
        "close": 6.01,
        "volume": 462311,
        "typical_volume": 252913.4,
        "trend": 6.872667,
        "fair_value": 4.191218,
        "relative_strength": -9.280703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.807255,
        "energy": 36.649758,
        "activity_lines": [
          5.813333,
          5.703636,
          5.939524,
          6.420215
        ]
      },
      {
        "date": "2024-07-12",
        "close": 6.31,
        "volume": 165328,
        "typical_volume": 230387.4,
        "trend": 6.871333,
        "fair_value": 4.208269,
        "relative_strength": -5.933716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.672528,
        "energy": 28.037875,
        "activity_lines": [
          6.018,
          5.818545,
          5.930333,
          6.383914
        ]
      },
      {
        "date": "2024-07-19",
        "close": 6.62,
        "volume": 247263,
        "typical_volume": 237119.6,
        "trend": 6.870333,
        "fair_value": 4.228269,
        "relative_strength": -2.030473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -0.989844,
        "energy": 20.803872,
        "activity_lines": [
          6.265333,
          5.983273,
          5.962286,
          6.367699
        ]
      },
      {
        "date": "2024-07-26",
        "close": 6.95,
        "volume": 289259,
        "typical_volume": 225185.45,
        "trend": 6.870333,
        "fair_value": 4.245256,
        "relative_strength": 0.967254,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 17.26978,
        "energy": 33.228071,
        "activity_lines": [
          6.542667,
          6.191273,
          6.033905,
          6.372839
        ]
      },
      {
        "date": "2024-08-02",
        "close": 7.24,
        "volume": 303572,
        "typical_volume": 231470.4,
        "trend": 6.87,
        "fair_value": 4.265385,
        "relative_strength": 5.000656,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 26.03539,
        "energy": 44.319538,
        "activity_lines": [
          6.832667,
          6.424727,
          6.137905,
          6.396688
        ]
      },
      {
        "date": "2024-08-09",
        "close": 7.4,
        "volume": 397691,
        "typical_volume": 250950.5,
        "trend": 6.863333,
        "fair_value": 4.287821,
        "relative_strength": 8.153504,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.518968,
        "energy": 70.239412,
        "activity_lines": [
          7.090667,
          6.657455,
          6.258619,
          6.430882
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7.03,
        "volume": 75376,
        "typical_volume": 253518.45,
        "trend": 6.832667,
        "fair_value": 4.309808,
        "relative_strength": 1.485539,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.714046,
        "energy": 65.584407,
        "activity_lines": [
          7.132667,
          6.790182,
          6.343143,
          6.441634
        ]
      },
      {
        "date": "2024-08-23",
        "close": 6.67,
        "volume": 25161,
        "typical_volume": 250748.8,
        "trend": 6.778333,
        "fair_value": 4.326603,
        "relative_strength": -5.149708,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.862498,
        "energy": 49.43783,
        "activity_lines": [
          7.006667,
          6.827818,
          6.392524,
          6.43114
        ]
      },
      {
        "date": "2024-08-30",
        "close": 6.33,
        "volume": 17088,
        "typical_volume": 231875.9,
        "trend": 6.699333,
        "fair_value": 4.342179,
        "relative_strength": -11.74207,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 14.099988,
        "energy": 21.370171,
        "activity_lines": [
          6.764,
          6.780909,
          6.408714,
          6.402215
        ]
      },
      {
        "date": "2024-09-06",
        "close": 6.01,
        "volume": 11822,
        "typical_volume": 226839.0,
        "trend": 6.596333,
        "fair_value": 4.355705,
        "relative_strength": -15.168485,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": -14.509563,
        "energy": 20.567274,
        "activity_lines": [
          6.456,
          6.664182,
          6.39381,
          6.357742
        ]
      },
      {
        "date": "2024-09-13",
        "close": 5.7,
        "volume": 36887,
        "typical_volume": 204690.3,
        "trend": 6.479667,
        "fair_value": 4.367885,
        "relative_strength": -21.338688,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -32.69116,
        "energy": 38.272633,
        "activity_lines": [
          6.126667,
          6.490182,
          6.348857,
          6.299914
        ]
      },
      {
        "date": "2024-09-20",
        "close": 5.41,
        "volume": 15074,
        "typical_volume": 191377.8,
        "trend": 6.368333,
        "fair_value": 4.378526,
        "relative_strength": -26.642788,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -70.36554,
        "energy": 56.666161,
        "activity_lines": [
          5.814,
          6.269091,
          6.27819,
          6.230903
        ]
      },
      {
        "date": "2024-09-27",
        "close": 5.51,
        "volume": 263177,
        "typical_volume": 188418.05,
        "trend": 6.273667,
        "fair_value": 4.388526,
        "relative_strength": -26.452936,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.864901,
        "energy": 73.036082,
        "activity_lines": [
          5.642667,
          6.082545,
          6.219619,
          6.175527
        ]
      },
      {
        "date": "2024-10-04",
        "close": 5.23,
        "volume": 133542,
        "typical_volume": 177476.5,
        "trend": 6.183,
        "fair_value": 4.390641,
        "relative_strength": -26.955703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.984123,
        "energy": 80.00398,
        "activity_lines": [
          5.455333,
          5.865273,
          6.135286,
          6.108194
        ]
      },
      {
        "date": "2024-10-11",
        "close": 4.96,
        "volume": 10735,
        "typical_volume": 170513.35,
        "trend": 6.096667,
        "fair_value": 4.39391,
        "relative_strength": -30.50991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.870284,
        "energy": 88.705489,
        "activity_lines": [
          5.251333,
          5.630182,
          6.026286,
          6.02929
        ]
      },
      {
        "date": "2024-10-18",
        "close": 5.14,
        "volume": 224098,
        "typical_volume": 172816.5,
        "trend": 6.028,
        "fair_value": 4.401538,
        "relative_strength": -27.566982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.20488,
        "energy": 81.625202,
        "activity_lines": [
          5.177333,
          5.469273,
          5.937476,
          5.96757
        ]
      },
      {
        "date": "2024-10-25",
        "close": 5.38,
        "volume": 352570,
        "typical_volume": 178509.8,
        "trend": 5.979,
        "fair_value": 4.411667,
        "relative_strength": -21.960283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.266473,
        "energy": 73.092354,
        "activity_lines": [
          5.220667,
          5.393091,
          5.873714,
          5.925763
        ]
      },
      {
        "date": "2024-11-01",
        "close": 5.4,
        "volume": 201979,
        "typical_volume": 174547.9,
        "trend": 5.942333,
        "fair_value": 4.420962,
        "relative_strength": -21.910229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.263357,
        "energy": 53.920714,
        "activity_lines": [
          5.272667,
          5.350545,
          5.811952,
          5.888409
        ]
      },
      {
        "date": "2024-11-08",
        "close": 5.25,
        "volume": 307765,
        "typical_volume": 185475.6,
        "trend": 5.910667,
        "fair_value": 4.432821,
        "relative_strength": -23.368009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.795256,
        "energy": 48.175406,
        "activity_lines": [
          5.282,
          5.303818,
          5.736,
          5.843742
        ]
      },
      {
        "date": "2024-11-15",
        "close": 5.5,
        "volume": 1347080,
        "typical_volume": 244388.9,
        "trend": 5.897333,
        "fair_value": 4.447885,
        "relative_strength": -17.423842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.893655,
        "energy": 35.466604,
        "activity_lines": [
          5.373333,
          5.322182,
          5.685952,
          5.817247
        ]
      },
      {
        "date": "2024-11-22",
        "close": 5.58,
        "volume": 325441,
        "typical_volume": 237545.4,
        "trend": 5.88,
        "fair_value": 4.464423,
        "relative_strength": -17.271204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.206068,
        "energy": 27.992863,
        "activity_lines": [
          5.455333,
          5.364364,
          5.645714,
          5.796774
        ]
      },
      {
        "date": "2024-11-29",
        "close": 5.46,
        "volume": 270553,
        "typical_volume": 242806.65,
        "trend": 5.863667,
        "fair_value": 4.481154,
        "relative_strength": -19.472433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.940088,
        "energy": 24.272237,
        "activity_lines": [
          5.468,
          5.386909,
          5.596095,
          5.769677
        ]
      },
      {
        "date": "2024-12-06",
        "close": 5.19,
        "volume": 118952,
        "typical_volume": 236391.1,
        "trend": 5.846667,
        "fair_value": 4.496795,
        "relative_strength": -24.747526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.22144,
        "energy": 28.656869,
        "activity_lines": [
          5.385333,
          5.359455,
          5.52481,
          5.726215
        ]
      },
      {
        "date": "2024-12-13",
        "close": 5.37,
        "volume": 189342,
        "typical_volume": 231395.25,
        "trend": 5.844,
        "fair_value": 4.514231,
        "relative_strength": -21.997355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.602505,
        "energy": 26.529089,
        "activity_lines": [
          5.376667,
          5.370545,
          5.477476,
          5.695462
        ]
      },
      {
        "date": "2024-12-20",
        "close": 5.26,
        "volume": 236030,
        "typical_volume": 228018.15,
        "trend": 5.832667,
        "fair_value": 4.531603,
        "relative_strength": -19.27612,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.134492,
        "energy": 34.520473,
        "activity_lines": [
          5.323333,
          5.359091,
          5.42719,
          5.657785
        ]
      },
      {
        "date": "2024-12-27",
        "close": 4.99,
        "volume": 46815,
        "typical_volume": 210474.35,
        "trend": 5.812333,
        "fair_value": 4.546923,
        "relative_strength": -23.559433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.836812,
        "energy": 45.614151,
        "activity_lines": [
          5.196,
          5.293091,
          5.360619,
          5.603419
        ]
      },
      {
        "date": "2025-01-03",
        "close": 4.74,
        "volume": 28945,
        "typical_volume": 208152.8,
        "trend": 5.790333,
        "fair_value": 4.56,
        "relative_strength": -27.271626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.948938,
        "energy": 68.554219,
        "activity_lines": [
          5.024667,
          5.184364,
          5.281714,
          5.534237
        ]
      },
      {
        "date": "2025-01-10",
        "close": 4.58,
        "volume": 246761,
        "typical_volume": 219232.8,
        "trend": 5.762333,
        "fair_value": 4.57141,
        "relative_strength": -27.225633,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.581383,
        "energy": 78.61563,
        "activity_lines": [
          4.848,
          5.058182,
          5.198476,
          5.456151
        ]
      },
      {
        "date": "2025-01-17",
        "close": 4.35,
        "volume": 95998,
        "typical_volume": 223178.3,
        "trend": 5.717667,
        "fair_value": 4.580705,
        "relative_strength": -29.287813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.758264,
        "energy": 86.422707,
        "activity_lines": [
          4.635333,
          4.905091,
          5.103286,
          5.365032
        ]
      },
      {
        "date": "2025-01-24",
        "close": 4.13,
        "volume": 164701,
        "typical_volume": 230822.25,
        "trend": 5.656667,
        "fair_value": 4.587949,
        "relative_strength": -31.498589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.024958,
        "energy": 90.744949,
        "activity_lines": [
          4.417333,
          4.728364,
          4.996571,
          5.262602
        ]
      },
      {
        "date": "2025-01-31",
        "close": 3.92,
        "volume": 23551,
        "typical_volume": 230155.45,
        "trend": 5.587,
        "fair_value": 4.592885,
        "relative_strength": -35.025621,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.669044,
        "energy": 92.77959,
        "activity_lines": [
          4.204667,
          4.538364,
          4.87881,
          5.150559
        ]
      },
      {
        "date": "2025-02-07",
        "close": 3.72,
        "volume": 339756,
        "typical_volume": 246389.55,
        "trend": 5.500667,
        "fair_value": 4.595577,
        "relative_strength": -37.253687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.683818,
        "energy": 93.967374,
        "activity_lines": [
          3.996667,
          4.342182,
          4.750476,
          5.030108
        ]
      },
      {
        "date": "2025-02-14",
        "close": 3.53,
        "volume": 1024534,
        "typical_volume": 284457.4,
        "trend": 5.397667,
        "fair_value": 4.59609,
        "relative_strength": -37.563617,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.402526,
        "energy": 94.008555,
        "activity_lines": [
          3.793333,
          4.143091,
          4.612095,
          4.902968
        ]
      },
      {
        "date": "2025-02-21",
        "close": 3.68,
        "volume": 485773,
        "typical_volume": 302068.95,
        "trend": 5.288667,
        "fair_value": 4.597885,
        "relative_strength": -33.320726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.591949,
        "energy": 88.58412,
        "activity_lines": [
          3.71,
          4.001455,
          4.497429,
          4.792151
        ]
      },
      {
        "date": "2025-02-28",
        "close": 3.73,
        "volume": 632908,
        "typical_volume": 333177.6,
        "trend": 5.171667,
        "fair_value": 4.600962,
        "relative_strength": -29.21058,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.021086,
        "energy": 84.247025,
        "activity_lines": [
          3.688,
          3.899636,
          4.394905,
          4.691591
        ]
      },
      {
        "date": "2025-03-07",
        "close": 3.65,
        "volume": 55672,
        "typical_volume": 324756.3,
        "trend": 5.046667,
        "fair_value": 4.604487,
        "relative_strength": -30.975007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.881717,
        "energy": 69.069001,
        "activity_lines": [
          3.666,
          3.811091,
          4.290619,
          4.593419
        ]
      },
      {
        "date": "2025-03-14",
        "close": 3.78,
        "volume": 489400,
        "typical_volume": 331597.8,
        "trend": 4.938333,
        "fair_value": 4.607885,
        "relative_strength": -26.978552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.071176,
        "energy": 63.464171,
        "activity_lines": [
          3.705333,
          3.770545,
          4.20581,
          4.511699
        ]
      },
      {
        "date": "2025-03-21",
        "close": 3.72,
        "volume": 72673,
        "typical_volume": 325132.5,
        "trend": 4.84,
        "fair_value": 4.611538,
        "relative_strength": -30.102669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.212376,
        "energy": 61.391615,
        "activity_lines": [
          3.720667,
          3.736545,
          4.122905,
          4.433097
        ]
      },
      {
        "date": "2025-03-28",
        "close": 3.87,
        "volume": 711240,
        "typical_volume": 345306.25,
        "trend": 4.758,
        "fair_value": 4.617115,
        "relative_strength": -26.929511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.7056,
        "energy": 51.121837,
        "activity_lines": [
          3.773333,
          3.745455,
          4.062286,
          4.370516
        ]
      },
      {
        "date": "2025-04-04",
        "close": 3.96,
        "volume": 43114,
        "typical_volume": 280107.95,
        "trend": 4.689667,
        "fair_value": 4.622308,
        "relative_strength": -22.455914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.808693,
        "energy": 41.119262,
        "activity_lines": [
          3.843333,
          3.779455,
          4.01681,
          4.319032
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3.92,
        "volume": 29509,
        "typical_volume": 265311.35,
        "trend": 4.630333,
        "fair_value": 4.626282,
        "relative_strength": -22.289558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.207007,
        "energy": 35.066944,
        "activity_lines": [
          3.884667,
          3.809273,
          3.974857,
          4.269376
        ]
      },
      {
        "date": "2025-04-18",
        "close": 3.87,
        "volume": 104724,
        "typical_volume": 257019.9,
        "trend": 4.579,
        "fair_value": 4.628974,
        "relative_strength": -25.899933,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.284189,
        "energy": 29.05085,
        "activity_lines": [
          3.891333,
          3.83,
          3.936048,
          4.220323
        ]
      },
      {
        "date": "2025-04-25",
        "close": 3.88,
        "volume": 44499,
        "typical_volume": 253297.25,
        "trend": 4.524667,
        "fair_value": 4.630769,
        "relative_strength": -25.564996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.556757,
        "energy": 26.277323,
        "activity_lines": [
          3.895333,
          3.849818,
          3.905762,
          4.175226
        ]
      },
      {
        "date": "2025-05-02",
        "close": 3.68,
        "volume": 22615,
        "typical_volume": 244960.9,
        "trend": 4.473,
        "fair_value": 4.630321,
        "relative_strength": -29.583766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.898537,
        "energy": 38.176332,
        "activity_lines": [
          3.822,
          3.826909,
          3.862667,
          4.120731
        ]
      },
      {
        "date": "2025-05-09",
        "close": 3.49,
        "volume": 1191,
        "typical_volume": 233218.95,
        "trend": 4.424,
        "fair_value": 4.627692,
        "relative_strength": -31.584184,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.443086,
        "energy": 49.039878,
        "activity_lines": [
          3.698,
          3.769455,
          3.809524,
          4.057312
        ]
      },
      {
        "date": "2025-05-16",
        "close": 3.31,
        "volume": 45238,
        "typical_volume": 233140.1,
        "trend": 4.363,
        "fair_value": 4.622949,
        "relative_strength": -37.109037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.007044,
        "energy": 65.715667,
        "activity_lines": [
          3.545333,
          3.683636,
          3.747667,
          3.985441
        ]
      },
      {
        "date": "2025-05-23",
        "close": 3.14,
        "volume": 40885,
        "typical_volume": 233737.1,
        "trend": 4.288333,
        "fair_value": 4.616474,
        "relative_strength": -39.286354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.137044,
        "energy": 86.002772,
        "activity_lines": [
          3.376667,
          3.573091,
          3.677619,
          3.906538
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2.98,
        "volume": 77961,
        "typical_volume": 225297.1,
        "trend": 4.207667,
        "fair_value": 4.610256,
        "relative_strength": -41.448123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.010903,
        "energy": 93.211642,
        "activity_lines": [
          3.203333,
          3.445091,
          3.599952,
          3.822129
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2.83,
        "volume": 168877,
        "typical_volume": 228941.05,
        "trend": 4.127,
        "fair_value": 4.603718,
        "relative_strength": -44.338831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.424525,
        "energy": 94.30877,
        "activity_lines": [
          3.04,
          3.303273,
          3.515619,
          3.733247
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2.92,
        "volume": 173784,
        "typical_volume": 229395.2,
        "trend": 4.041,
        "fair_value": 4.598718,
        "relative_strength": -41.281147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.422423,
        "energy": 89.612771,
        "activity_lines": [
          2.963333,
          3.196727,
          3.447095,
          3.655376
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2.85,
        "volume": 51587,
        "typical_volume": 230797.0,
        "trend": 3.95,
        "fair_value": 4.594231,
        "relative_strength": -42.885264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.093203,
        "energy": 88.50396,
        "activity_lines": [
          2.901333,
          3.096364,
          3.377667,
          3.578538
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2.7,
        "volume": 80835,
        "typical_volume": 217850.95,
        "trend": 3.858,
        "fair_value": 4.589744,
        "relative_strength": -46.256844,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.818484,
        "energy": 88.153711,
        "activity_lines": [
          2.82,
          2.988182,
          3.299048,
          3.497892
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2.56,
        "volume": 18830,
        "typical_volume": 167565.75,
        "trend": 3.770333,
        "fair_value": 4.585,
        "relative_strength": -47.941035,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.007704,
        "energy": 82.01347,
        "activity_lines": [
          2.721333,
          2.875818,
          3.211952,
          3.414151
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2.43,
        "volume": 18314,
        "typical_volume": 144192.8,
        "trend": 3.672333,
        "fair_value": 4.580385,
        "relative_strength": -49.15874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.634178,
        "energy": 91.080049,
        "activity_lines": [
          2.607333,
          2.763818,
          3.117095,
          3.327677
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2.3,
        "volume": 135882,
        "typical_volume": 119341.5,
        "trend": 3.573667,
        "fair_value": 4.573974,
        "relative_strength": -50.641148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.230083,
        "energy": 94.190136,
        "activity_lines": [
          2.476667,
          2.650909,
          3.01581,
          3.23914
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2.18,
        "volume": 237362,
        "typical_volume": 128426.0,
        "trend": 3.48,
        "fair_value": 4.567436,
        "relative_strength": -52.019228,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.244801,
        "energy": 94.845068,
        "activity_lines": [
          2.347333,
          2.537818,
          2.909905,
          3.149226
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2.07,
        "volume": 172845,
        "typical_volume": 112598.25,
        "trend": 3.391,
        "fair_value": 4.560513,
        "relative_strength": -52.903469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.304838,
        "energy": 94.659621,
        "activity_lines": [
          2.226,
          2.425273,
          2.800524,
          3.058258
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.96,
        "volume": 151205,
        "typical_volume": 116524.85,
        "trend": 3.303667,
        "fair_value": 4.553846,
        "relative_strength": -53.930989,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.715436,
        "energy": 93.875713,
        "activity_lines": [
          2.11,
          2.312182,
          2.68881,
          2.965935
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1.95,
        "volume": 322523,
        "typical_volume": 97089.0,
        "trend": 3.223667,
        "fair_value": 4.546154,
        "relative_strength": -53.605648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.972529,
        "energy": 88.572023,
        "activity_lines": [
          2.030667,
          2.215818,
          2.584524,
          2.878602
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1.85,
        "volume": 74787,
        "typical_volume": 98672.65,
        "trend": 3.147667,
        "fair_value": 4.537821,
        "relative_strength": -55.431478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.22877,
        "energy": 82.306884,
        "activity_lines": [
          1.95,
          2.117273,
          2.479857,
          2.789978
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1.77,
        "volume": 164316,
        "typical_volume": 105413.0,
        "trend": 3.076,
        "fair_value": 4.528013,
        "relative_strength": -55.674003,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.326316,
        "energy": 72.95089,
        "activity_lines": [
          1.872667,
          2.023636,
          2.377619,
          2.701097
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1.78,
        "volume": 239391,
        "typical_volume": 112146.35,
        "trend": 3.011333,
        "fair_value": 4.517308,
        "relative_strength": -55.092101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.309342,
        "energy": 70.706773,
        "activity_lines": [
          1.826,
          1.951455,
          2.286571,
          2.617484
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1.69,
        "volume": 166316,
        "typical_volume": 118237.2,
        "trend": 2.95,
        "fair_value": 4.506346,
        "relative_strength": -57.186553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.520493,
        "energy": 72.182057,
        "activity_lines": [
          1.768667,
          1.879636,
          2.196905,
          2.532237
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1.64,
        "volume": 59421,
        "typical_volume": 120077.5,
        "trend": 2.882,
        "fair_value": 4.494423,
        "relative_strength": -58.058583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.405525,
        "energy": 73.888911,
        "activity_lines": [
          1.712667,
          1.814545,
          2.112905,
          2.44772
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1.55,
        "volume": 163144,
        "typical_volume": 128175.15,
        "trend": 2.809333,
        "fair_value": 4.481923,
        "relative_strength": -58.516531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.662515,
        "energy": 79.528363,
        "activity_lines": [
          1.647333,
          1.747455,
          2.030048,
          2.361785
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1.47,
        "volume": 194996,
        "typical_volume": 135663.05,
        "trend": 2.736667,
        "fair_value": 4.469551,
        "relative_strength": -60.280021,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.694392,
        "energy": 88.969138,
        "activity_lines": [
          1.575333,
          1.679455,
          1.94881,
          2.275376
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1.39,
        "volume": 534472,
        "typical_volume": 160342.4,
        "trend": 2.657,
        "fair_value": 4.457628,
        "relative_strength": -62.322153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.184338,
        "energy": 89.426104,
        "activity_lines": [
          1.496667,
          1.609818,
          1.868714,
          2.188495
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1.32,
        "volume": 276287,
        "typical_volume": 170258.7,
        "trend": 2.577,
        "fair_value": 4.445256,
        "relative_strength": -64.074209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.28204,
        "energy": 91.132605,
        "activity_lines": [
          1.420667,
          1.539818,
          1.790286,
          2.102237
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1.25,
        "volume": 692442,
        "typical_volume": 196436.95,
        "trend": 2.489667,
        "fair_value": 4.431474,
        "relative_strength": -65.278749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.394269,
        "energy": 92.977217,
        "activity_lines": [
          1.346,
          1.468727,
          1.713095,
          2.016624
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1.18,
        "volume": 826140,
        "typical_volume": 229054.75,
        "trend": 2.397,
        "fair_value": 4.416282,
        "relative_strength": -66.311643,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.716745,
        "energy": 91.815788,
        "activity_lines": [
          1.274,
          1.397636,
          1.636762,
          1.932129
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1.23,
        "volume": 715239,
        "typical_volume": 262237.35,
        "trend": 2.307333,
        "fair_value": 4.401731,
        "relative_strength": -63.700472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.548146,
        "energy": 85.532365,
        "activity_lines": [
          1.243333,
          1.347818,
          1.573476,
          1.856839
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1.29,
        "volume": 621372,
        "typical_volume": 289264.2,
        "trend": 2.221333,
        "fair_value": 4.387244,
        "relative_strength": -61.51959,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.502522,
        "energy": 68.649121,
        "activity_lines": [
          1.248667,
          1.318727,
          1.523619,
          1.791204
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1.3,
        "volume": 616007,
        "typical_volume": 319123.05,
        "trend": 2.135333,
        "fair_value": 4.372821,
        "relative_strength": -60.375564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.829748,
        "energy": 67.392903,
        "activity_lines": [
          1.264,
          1.300364,
          1.481429,
          1.731763
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1.23,
        "volume": 125181,
        "typical_volume": 324466.4,
        "trend": 2.053667,
        "fair_value": 4.357949,
        "relative_strength": -61.651273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.342528,
        "energy": 68.481974,
        "activity_lines": [
          1.257333,
          1.276364,
          1.438571,
          1.673355
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1.16,
        "volume": 532899,
        "typical_volume": 344317.25,
        "trend": 1.976,
        "fair_value": 4.342949,
        "relative_strength": -62.841787,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.082616,
        "energy": 71.327048,
        "activity_lines": [
          1.228667,
          1.247091,
          1.394762,
          1.615699
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1.11,
        "volume": 601837,
        "typical_volume": 362541.0,
        "trend": 1.902667,
        "fair_value": 4.32859,
        "relative_strength": -63.219478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.98547,
        "energy": 72.593857,
        "activity_lines": [
          1.184667,
          1.215818,
          1.351619,
          1.559828
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1.16,
        "volume": 781557,
        "typical_volume": 392976.6,
        "trend": 1.836667,
        "fair_value": 4.315513,
        "relative_strength": -60.267456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.842498,
        "energy": 67.281442,
        "activity_lines": [
          1.165333,
          1.200182,
          1.318333,
          1.511914
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1.19,
        "volume": 244086,
        "typical_volume": 397620.65,
        "trend": 1.777,
        "fair_value": 4.30359,
        "relative_strength": -58.186872,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.168062,
        "energy": 66.069631,
        "activity_lines": [
          1.164667,
          1.194182,
          1.292238,
          1.470194
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1.24,
        "volume": 137878,
        "typical_volume": 388388.4,
        "trend": 1.724,
        "fair_value": 4.291667,
        "relative_strength": -55.732413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.688495,
        "energy": 63.100686,
        "activity_lines": [
          1.188,
          1.199636,
          1.274571,
          1.435548
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1.18,
        "volume": 390750,
        "typical_volume": 404186.55,
        "trend": 1.666,
        "fair_value": 4.28,
        "relative_strength": -55.616543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.135945,
        "energy": 58.014175,
        "activity_lines": [
          1.190667,
          1.194364,
          1.254571,
          1.400452
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1.23,
        "volume": 606170,
        "typical_volume": 426279.25,
        "trend": 1.612,
        "fair_value": 4.269615,
        "relative_strength": -52.524513,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.164626,
        "energy": 45.042256,
        "activity_lines": [
          1.208667,
          1.198182,
          1.242524,
          1.372323
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1.28,
        "volume": 733699,
        "typical_volume": 450994.65,
        "trend": 1.564667,
        "fair_value": 4.260192,
        "relative_strength": -48.055467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.100012,
        "energy": 34.222285,
        "activity_lines": [
          1.235333,
          1.211091,
          1.23781,
          1.350903
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1.33,
        "volume": 80056,
        "typical_volume": 446681.65,
        "trend": 1.523667,
        "fair_value": 4.251731,
        "relative_strength": -45.386738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.443678,
        "energy": 23.452837,
        "activity_lines": [
          1.270667,
          1.233273,
          1.240238,
          1.335763
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1.28,
        "volume": 107706,
        "typical_volume": 449095.9,
        "trend": 1.485333,
        "fair_value": 4.24359,
        "relative_strength": -47.058942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.778844,
        "energy": 18.364027,
        "activity_lines": [
          1.28,
          1.245818,
          1.239619,
          1.320043
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1.22,
        "volume": 239475,
        "typical_volume": 452912.45,
        "trend": 1.449333,
        "fair_value": 4.234423,
        "relative_strength": -47.971929,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.941706,
        "energy": 18.177091,
        "activity_lines": [
          1.266667,
          1.246545,
          1.235,
          1.302925
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1.16,
        "volume": 227283,
        "typical_volume": 454526.8,
        "trend": 1.415333,
        "fair_value": 4.224231,
        "relative_strength": -49.500015,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.099784,
        "energy": 29.564387,
        "activity_lines": [
          1.230667,
          1.235273,
          1.226238,
          1.284258
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1.11,
        "volume": 553431,
        "typical_volume": 455474.75,
        "trend": 1.383333,
        "fair_value": 4.213077,
        "relative_strength": -49.579324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.173176,
        "energy": 49.659192,
        "activity_lines": [
          1.182667,
          1.214,
          1.21419,
          1.264559
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.07,
        "volume": 231796,
        "typical_volume": 453250.2,
        "trend": 1.353667,
        "fair_value": 4.201026,
        "relative_strength": -48.614155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.929315,
        "energy": 75.30777,
        "activity_lines": [
          1.132667,
          1.186364,
          1.199667,
          1.244344
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.02,
        "volume": 266588,
        "typical_volume": 431957.5,
        "trend": 1.322667,
        "fair_value": 4.188333,
        "relative_strength": -46.766998,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.124976,
        "energy": 87.09529,
        "activity_lines": [
          1.083333,
          1.151818,
          1.181571,
          1.222817
        ]
      },
      {
        "date": "2026-03-20",
        "close": 0.97,
        "volume": 96286,
        "typical_volume": 395464.8,
        "trend": 1.293333,
        "fair_value": 4.174359,
        "relative_strength": -47.875063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.767565,
        "energy": 93.549075,
        "activity_lines": [
          1.034667,
          1.112182,
          1.15981,
          1.200065
        ]
      },
      {
        "date": "2026-03-27",
        "close": 0.93,
        "volume": 108034,
        "typical_volume": 365104.55,
        "trend": 1.265333,
        "fair_value": 4.159167,
        "relative_strength": -47.836251,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.092277,
        "energy": 94.797492,
        "activity_lines": [
          0.989333,
          1.069091,
          1.135238,
          1.176624
        ]
      },
      {
        "date": "2026-04-03",
        "close": 0.89,
        "volume": 30812,
        "typical_volume": 335576.55,
        "trend": 1.235667,
        "fair_value": 4.142756,
        "relative_strength": -48.138959,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.33086,
        "energy": 95.137058,
        "activity_lines": [
          0.946,
          1.024182,
          1.108286,
          1.152409
        ]
      },
      {
        "date": "2026-04-10",
        "close": 0.93,
        "volume": 114198,
        "typical_volume": 310486.1,
        "trend": 1.210333,
        "fair_value": 4.125962,
        "relative_strength": -47.028043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.830747,
        "energy": 88.573643,
        "activity_lines": [
          0.930667,
          0.993636,
          1.087048,
          1.132688
        ]
      },
      {
        "date": "2026-04-17",
        "close": 0.97,
        "volume": 85340,
        "typical_volume": 308494.05,
        "trend": 1.188,
        "fair_value": 4.109744,
        "relative_strength": -43.618598,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.903819,
        "energy": 82.88264,
        "activity_lines": [
          0.938,
          0.977636,
          1.071381,
          1.117183
        ]
      },
      {
        "date": "2026-04-24",
        "close": 0.96,
        "volume": 694773,
        "typical_volume": 316587.75,
        "trend": 1.168333,
        "fair_value": 4.093462,
        "relative_strength": -41.195392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.978132,
        "energy": 65.597902,
        "activity_lines": [
          0.945333,
          0.965455,
          1.056,
          1.102473
        ]
      },
      {
        "date": "2026-05-01",
        "close": 0.92,
        "volume": 591174,
        "typical_volume": 316054.6,
        "trend": 1.15,
        "fair_value": 4.077564,
        "relative_strength": -42.038741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.193294,
        "energy": 64.879635,
        "activity_lines": [
          0.94,
          0.950727,
          1.037762,
          1.086452
        ]
      },
      {
        "date": "2026-05-08",
        "close": 0.96,
        "volume": 218418,
        "typical_volume": 287897.65,
        "trend": 1.135667,
        "fair_value": 4.061282,
        "relative_strength": -38.062769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.419569,
        "energy": 53.420407,
        "activity_lines": [
          0.948667,
          0.947636,
          1.024238,
          1.074194
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1.0,
        "volume": 81680,
        "typical_volume": 279777.35,
        "trend": 1.125,
        "fair_value": 4.046218,
        "relative_strength": -32.198148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.478354,
        "energy": 44.998546,
        "activity_lines": [
          0.966,
          0.954545,
          1.015476,
          1.065441
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1.0,
        "volume": 68242,
        "typical_volume": 276295.55,
        "trend": 1.116667,
        "fair_value": 4.032115,
        "relative_strength": -30.614122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.542042,
        "energy": 38.118122,
        "activity_lines": [
          0.978667,
          0.962727,
          1.007619,
          1.057376
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1.0,
        "volume": 121529,
        "typical_volume": 262834.5,
        "trend": 1.110667,
        "fair_value": 4.018654,
        "relative_strength": -28.341106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.307519,
        "energy": 26.290026,
        "activity_lines": [
          0.989333,
          0.971273,
          1.000905,
          1.049849
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.0,
        "volume": 0,
        "typical_volume": 232526.0,
        "trend": 1.103,
        "fair_value": 4.004231,
        "relative_strength": -26.097824,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.784506,
        "energy": 25.694745,
        "activity_lines": [
          0.997333,
          0.979273,
          0.995048,
          1.04271
        ]
      },
      {
        "date": "2026-06-12",
        "close": 0.95,
        "volume": 0,
        "typical_volume": 195841.05,
        "trend": 1.091667,
        "fair_value": 3.988526,
        "relative_strength": -28.709773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.853551,
        "energy": 29.835616,
        "activity_lines": [
          0.983333,
          0.976909,
          0.985524,
          1.032839
        ]
      },
      {
        "date": "2026-06-19",
        "close": 0.96,
        "volume": 0,
        "typical_volume": 191838.25,
        "trend": 1.080333,
        "fair_value": 3.971923,
        "relative_strength": -27.308269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.132468,
        "energy": 36.781709,
        "activity_lines": [
          0.973333,
          0.975273,
          0.978524,
          1.024344
        ]
      },
      {
        "date": "2026-06-26",
        "close": 0.92,
        "volume": 0,
        "typical_volume": 186452.95,
        "trend": 1.07,
        "fair_value": 3.954103,
        "relative_strength": -28.791333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.743765,
        "energy": 49.771732,
        "activity_lines": [
          0.952667,
          0.965818,
          0.969476,
          1.014
        ]
      },
      {
        "date": "2026-07-03",
        "close": 0.88,
        "volume": 0,
        "typical_volume": 174479.2,
        "trend": 1.060667,
        "fair_value": 3.935705,
        "relative_strength": -30.899643,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.180483,
        "energy": 74.16887,
        "activity_lines": [
          0.924,
          0.95,
          0.958333,
          1.001742
        ]
      },
      {
        "date": "2026-07-10",
        "close": 0.92,
        "volume": 12279,
        "typical_volume": 163729.0,
        "trend": 1.054333,
        "fair_value": 3.918526,
        "relative_strength": -25.977671,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.82689,
        "energy": 69.376885,
        "activity_lines": [
          0.916667,
          0.942909,
          0.952619,
          0.992667
        ]
      },
      {
        "date": "2026-07-17",
        "close": 0.88,
        "volume": 106763,
        "typical_volume": 141395.6,
        "trend": 1.045,
        "fair_value": 3.90109,
        "relative_strength": -28.059025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.13908,
        "energy": 77.36061,
        "activity_lines": [
          0.901333,
          0.928545,
          0.944238,
          0.981419
        ]
      },
      {
        "date": "2026-07-24",
        "close": 0.92,
        "volume": 15752,
        "typical_volume": 130593.4,
        "trend": 1.036,
        "fair_value": 3.882949,
        "relative_strength": -21.522152,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.693297,
        "energy": 59.944151,
        "activity_lines": [
          0.904,
          0.922909,
          0.940762,
          0.973355
        ]
      },
      {
        "date": "2026-07-31",
        "close": 0.96,
        "volume": 81485,
        "typical_volume": 121338.25,
        "trend": 1.026667,
        "fair_value": 3.864103,
        "relative_strength": -18.757305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.389381,
        "energy": 37.775664,
        "activity_lines": [
          0.922667,
          0.926,
          0.94181,
          0.968452
        ]
      },
      {
        "date": "2026-08-07",
        "close": 0.94,
        "volume": 32482,
        "typical_volume": 118148.05,
        "trend": 1.018667,
        "fair_value": 3.844167,
        "relative_strength": -19.711174,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.709941,
        "energy": 27.826069,
        "activity_lines": [
          0.932,
          0.926182,
          0.941238,
          0.96286
        ]
      }
    ],
    "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."
    }
  }
}