{
  "ticker": {
    "uuid": "1897452b-1775-4bff-9eab-860a0e9b02cd",
    "symbol": "6793",
    "name": "Tien Li Offshore Wind Technology Co., Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "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": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 66.816,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -34.455,
    "architecture_energy": 13.828,
    "architecture_maturity": 23.599,
    "architecture_confidence": 67.87,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 53.47,
        "rotation_up": 28.04,
        "upward_expansion": 18.36,
        "deceleration": 31.7,
        "rotation_down": 33.84,
        "downward_expansion": 59.03
      },
      "activity_lines": [
        5.657333,
        5.663091,
        5.65481,
        5.800559
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 5.38,
    "trend_reference": 5.970333,
    "distance_from_trend": -0.098878,
    "trend_direction": "Improving",
    "fair_value": 22.5196,
    "distance_from_fair_value": -0.761097,
    "fair_value_direction": "Improving",
    "relative_strength": -36.079027,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.231429,
    "excess_performance": -0.672801,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.098878,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.022726,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.761097,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.006895,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.36079,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.002772,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.231429,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.767766,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 743516,
      "relative_activity": 0.529576,
      "balance": 0.767766,
      "dry_up": 0.637896,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.172148,
      "annualized_volatility": 0.642652,
      "from_high_reference": -0.43189,
      "from_low_reference": 0.268868
    },
    "levels": {
      "trend_reference": 5.970333,
      "fair_value_reference": 22.5196,
      "structural_low": 4.56,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": -0.011814,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.07435,
        "regime_survival": 0.5,
        "best_return": 0.355865,
        "worst_return": -0.183908,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.035714,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.129045,
        "regime_survival": 0.4,
        "best_return": 0.077535,
        "worst_return": -0.132879,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.099379,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.401103,
        "regime_survival": 0.333333,
        "best_return": 0.17495,
        "worst_return": -0.160136,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.011928,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.14907,
        "regime_survival": 0.0,
        "best_return": 0.011928,
        "worst_return": 0.011928,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-03-10",
        "end": "2023-04-21",
        "tenure": "Developing",
        "return": -0.105572,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-04-28",
        "end": "2023-05-26",
        "tenure": "Developing",
        "return": -0.001828,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-06-02",
        "end": "2023-06-09",
        "tenure": "New",
        "return": 0.087523,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-06-16",
        "end": "2023-07-07",
        "tenure": "New",
        "return": -0.06338,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-07-14",
        "end": "2023-08-18",
        "tenure": "Developing",
        "return": 0.175472,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-08-25",
        "end": "2023-09-22",
        "tenure": "Developing",
        "return": -0.078333,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-09-29",
        "end": "2023-11-24",
        "tenure": "Developing",
        "return": -0.117547,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-12-01",
        "end": "2023-12-15",
        "tenure": "New",
        "return": 0.013619,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-12-22",
        "end": "2026-01-23",
        "tenure": "Extended",
        "return": -0.86618,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.086957,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-13",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.029276,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": -0.144295,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-06-12",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": 0.277666,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-17",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.101836,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 54.408276,
        "volume": 4112667,
        "typical_volume": 1753678.0,
        "trend": 52.410544,
        "fair_value": 71.883072,
        "relative_strength": -1.895504,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.059264,
        "energy": 10.727879,
        "activity_lines": [
          51.357976,
          50.56848,
          50.829281,
          51.903217
        ]
      },
      {
        "date": "2023-08-18",
        "close": 57.35424,
        "volume": 4433877,
        "typical_volume": 1882182.85,
        "trend": 52.613079,
        "fair_value": 71.782177,
        "relative_strength": 4.679888,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 30.209111,
        "energy": 29.61674,
        "activity_lines": [
          53.690197,
          51.788712,
          51.347455,
          52.222165
        ]
      },
      {
        "date": "2023-08-25",
        "close": 55.236828,
        "volume": 2747384,
        "typical_volume": 2002069.95,
        "trend": 52.806408,
        "fair_value": 71.668071,
        "relative_strength": 0.27104,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.829171,
        "energy": 31.66932,
        "activity_lines": [
          54.745834,
          52.558679,
          51.667916,
          52.391439
        ]
      },
      {
        "date": "2023-09-01",
        "close": 57.078056,
        "volume": 1370284,
        "typical_volume": 1991024.6,
        "trend": 53.174654,
        "fair_value": 71.56814,
        "relative_strength": 2.674466,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.900465,
        "energy": 51.61642,
        "activity_lines": [
          55.881258,
          53.609853,
          52.177761,
          52.667029
        ]
      },
      {
        "date": "2023-09-08",
        "close": 55.420952,
        "volume": 1227398,
        "typical_volume": 1977848.05,
        "trend": 53.478456,
        "fair_value": 71.458295,
        "relative_strength": 0.141066,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.017191,
        "energy": 52.703186,
        "activity_lines": [
          56.016282,
          54.225827,
          52.538554,
          52.811952
        ]
      },
      {
        "date": "2023-09-15",
        "close": 54.132092,
        "volume": 1479831,
        "typical_volume": 1891435.8,
        "trend": 53.693266,
        "fair_value": 71.341226,
        "relative_strength": -4.180717,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.429909,
        "energy": 31.708195,
        "activity_lines": [
          55.427089,
          54.507033,
          52.780105,
          52.854122
        ]
      },
      {
        "date": "2023-09-22",
        "close": 50.909946,
        "volume": 1441746,
        "typical_volume": 1932836.8,
        "trend": 53.591999,
        "fair_value": 71.204103,
        "relative_strength": -6.582484,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -0.714905,
        "energy": 7.533815,
        "activity_lines": [
          53.78226,
          54.108659,
          52.696812,
          52.674553
        ]
      },
      {
        "date": "2023-09-29",
        "close": 54.040031,
        "volume": 688579,
        "typical_volume": 1878937.05,
        "trend": 53.558243,
        "fair_value": 71.089676,
        "relative_strength": -0.879271,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.731015,
        "energy": 7.510414,
        "activity_lines": [
          53.610412,
          54.240892,
          52.904169,
          52.703458
        ]
      },
      {
        "date": "2023-10-06",
        "close": 53.395603,
        "volume": 673773,
        "typical_volume": 1835957.7,
        "trend": 53.245234,
        "fair_value": 70.972497,
        "relative_strength": -2.940136,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.738418,
        "energy": 9.123178,
        "activity_lines": [
          53.303541,
          54.132093,
          53.030425,
          52.692965
        ]
      },
      {
        "date": "2023-10-13",
        "close": 53.119419,
        "volume": 699304,
        "typical_volume": 1810819.5,
        "trend": 53.005875,
        "fair_value": 70.855043,
        "relative_strength": -4.835467,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.876236,
        "energy": 9.121968,
        "activity_lines": [
          53.150106,
          53.917841,
          53.119418,
          52.684848
        ]
      },
      {
        "date": "2023-10-20",
        "close": 52.843235,
        "volume": 1041032,
        "typical_volume": 1816318.5,
        "trend": 52.726622,
        "fair_value": 70.737318,
        "relative_strength": -3.202243,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.003138,
        "energy": 3.927193,
        "activity_lines": [
          53.058045,
          53.614876,
          53.168517,
          52.674355
        ]
      },
      {
        "date": "2023-10-27",
        "close": 54.132092,
        "volume": 1334004,
        "typical_volume": 1750420.1,
        "trend": 52.591599,
        "fair_value": 70.629492,
        "relative_strength": 1.140162,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.126448,
        "energy": 14.375771,
        "activity_lines": [
          53.481526,
          53.574703,
          53.324145,
          52.765031
        ]
      },
      {
        "date": "2023-11-03",
        "close": 54.50034,
        "volume": 2613092,
        "typical_volume": 1802187.05,
        "trend": 52.46885,
        "fair_value": 70.525433,
        "relative_strength": -0.34241,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.054849,
        "energy": 20.435418,
        "activity_lines": [
          53.812948,
          53.66007,
          53.51309,
          52.888175
        ]
      },
      {
        "date": "2023-11-10",
        "close": 51.646435,
        "volume": 3066770,
        "typical_volume": 1911502.6,
        "trend": 52.226422,
        "fair_value": 70.404414,
        "relative_strength": -6.390675,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.915109,
        "energy": 5.899648,
        "activity_lines": [
          53.16238,
          53.239935,
          53.419713,
          52.835116
        ]
      },
      {
        "date": "2023-11-17",
        "close": 49.713146,
        "volume": 1328740,
        "typical_volume": 1899225.1,
        "trend": 52.011612,
        "fair_value": 70.20775,
        "relative_strength": -12.494982,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.326483,
        "energy": 21.152261,
        "activity_lines": [
          51.983994,
          52.56705,
          53.133008,
          52.672969
        ]
      },
      {
        "date": "2023-11-24",
        "close": 47.687798,
        "volume": 1886211,
        "typical_volume": 1915214.45,
        "trend": 51.922619,
        "fair_value": 70.119539,
        "relative_strength": -16.157777,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -34.61363,
        "energy": 48.999974,
        "activity_lines": [
          50.357577,
          51.629698,
          52.654289,
          52.394014
        ]
      },
      {
        "date": "2023-12-01",
        "close": 47.31955,
        "volume": 1423260,
        "typical_volume": 1884285.25,
        "trend": 51.855108,
        "fair_value": 70.005497,
        "relative_strength": -17.271037,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.169918,
        "energy": 59.972633,
        "activity_lines": [
          48.952106,
          50.742561,
          52.146636,
          52.097041
        ]
      },
      {
        "date": "2023-12-08",
        "close": 49.252838,
        "volume": 2286462,
        "typical_volume": 1931882.85,
        "trend": 51.833627,
        "fair_value": 69.915582,
        "relative_strength": -13.302121,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.743273,
        "energy": 58.719107,
        "activity_lines": [
          48.645234,
          50.27221,
          51.83012,
          51.929153
        ]
      },
      {
        "date": "2023-12-15",
        "close": 47.963982,
        "volume": 1246556,
        "typical_volume": 1854018.1,
        "trend": 51.729291,
        "fair_value": 69.741892,
        "relative_strength": -16.523518,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.978817,
        "energy": 69.441525,
        "activity_lines": [
          48.258577,
          49.654562,
          51.381211,
          51.679499
        ]
      },
      {
        "date": "2023-12-22",
        "close": 47.227489,
        "volume": 684743,
        "typical_volume": 1789285.65,
        "trend": 51.628023,
        "fair_value": 69.53429,
        "relative_strength": -16.995122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.311107,
        "energy": 67.825573,
        "activity_lines": [
          47.871919,
          49.001763,
          50.873559,
          51.38906
        ]
      },
      {
        "date": "2023-12-29",
        "close": 46.859241,
        "volume": 884736,
        "typical_volume": 1627889.1,
        "trend": 51.542099,
        "fair_value": 69.338719,
        "relative_strength": -18.612485,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.44486,
        "energy": 61.226541,
        "activity_lines": [
          47.528222,
          48.389136,
          50.348808,
          51.081396
        ]
      },
      {
        "date": "2024-01-05",
        "close": 46.583061,
        "volume": 565689,
        "typical_volume": 1434479.7,
        "trend": 51.30274,
        "fair_value": 69.159643,
        "relative_strength": -16.649204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.588265,
        "energy": 66.192117,
        "activity_lines": [
          47.147703,
          47.835094,
          49.833703,
          50.761458
        ]
      },
      {
        "date": "2024-01-12",
        "close": 46.767181,
        "volume": 937365,
        "typical_volume": 1343978.75,
        "trend": 51.118617,
        "fair_value": 68.976767,
        "relative_strength": -15.801738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.080284,
        "energy": 62.143996,
        "activity_lines": [
          46.877655,
          47.451784,
          49.387425,
          50.468842
        ]
      },
      {
        "date": "2024-01-19",
        "close": 46.951305,
        "volume": 604183,
        "typical_volume": 1305673.7,
        "trend": 51.026555,
        "fair_value": 68.774037,
        "relative_strength": -15.866696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.450766,
        "energy": 55.411469,
        "activity_lines": [
          46.834694,
          47.242553,
          48.999013,
          50.199983
        ]
      },
      {
        "date": "2024-01-26",
        "close": 47.871918,
        "volume": 1102893,
        "typical_volume": 1299448.45,
        "trend": 50.959044,
        "fair_value": 68.600456,
        "relative_strength": -15.376223,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.249708,
        "energy": 44.554843,
        "activity_lines": [
          47.166114,
          47.286073,
          48.746502,
          49.996458
        ]
      },
      {
        "date": "2024-02-02",
        "close": 47.043365,
        "volume": 930719,
        "typical_volume": 1271992.85,
        "trend": 50.894601,
        "fair_value": 68.438169,
        "relative_strength": -16.964294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.987227,
        "energy": 41.006693,
        "activity_lines": [
          47.178389,
          47.212424,
          48.451029,
          49.743833
        ]
      },
      {
        "date": "2024-02-09",
        "close": 46.859241,
        "volume": 215312,
        "typical_volume": 1210671.15,
        "trend": 50.830158,
        "fair_value": 68.270827,
        "relative_strength": -17.260993,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.587929,
        "energy": 41.351503,
        "activity_lines": [
          47.117014,
          47.117015,
          48.171775,
          49.483488
        ]
      },
      {
        "date": "2024-02-16",
        "close": 48.056042,
        "volume": 889400,
        "typical_volume": 1220712.2,
        "trend": 50.857776,
        "fair_value": 68.11946,
        "relative_strength": -17.225576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.40537,
        "energy": 29.684832,
        "activity_lines": [
          47.436161,
          47.247574,
          48.025792,
          49.304512
        ]
      },
      {
        "date": "2024-02-23",
        "close": 48.148102,
        "volume": 2476243,
        "typical_volume": 1310835.7,
        "trend": 50.784127,
        "fair_value": 67.976986,
        "relative_strength": -17.833532,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.622652,
        "energy": 25.793598,
        "activity_lines": [
          47.70007,
          47.416633,
          47.917072,
          49.129695
        ]
      },
      {
        "date": "2024-03-01",
        "close": 47.687798,
        "volume": 1993736,
        "typical_volume": 1375557.3,
        "trend": 50.673653,
        "fair_value": 67.766246,
        "relative_strength": -18.309101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.371319,
        "energy": 22.175174,
        "activity_lines": [
          47.730758,
          47.498651,
          47.789502,
          48.929932
        ]
      },
      {
        "date": "2024-03-08",
        "close": 46.398933,
        "volume": 2875396,
        "typical_volume": 1467275.5,
        "trend": 50.406675,
        "fair_value": 67.55444,
        "relative_strength": -23.114459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.391137,
        "energy": 29.154127,
        "activity_lines": [
          47.344099,
          47.337962,
          47.565047,
          48.654143
        ]
      },
      {
        "date": "2024-03-15",
        "close": 46.030689,
        "volume": 1867226,
        "typical_volume": 1493936.6,
        "trend": 50.029224,
        "fair_value": 67.28769,
        "relative_strength": -22.562843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.119989,
        "energy": 38.766151,
        "activity_lines": [
          46.877654,
          47.118688,
          47.336208,
          48.371822
        ]
      },
      {
        "date": "2024-03-22",
        "close": 44.189461,
        "volume": 3907518,
        "typical_volume": 1558657.9,
        "trend": 49.660978,
        "fair_value": 66.928876,
        "relative_strength": -26.892798,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.884613,
        "energy": 53.801483,
        "activity_lines": [
          45.852704,
          46.574689,
          46.970593,
          47.995063
        ]
      },
      {
        "date": "2024-03-29",
        "close": 45.386261,
        "volume": 2108876,
        "typical_volume": 1510763.2,
        "trend": 49.271252,
        "fair_value": 66.580502,
        "relative_strength": -24.46175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.71782,
        "energy": 52.92768,
        "activity_lines": [
          45.484459,
          46.295157,
          46.768058,
          47.719274
        ]
      },
      {
        "date": "2024-04-05",
        "close": 45.754505,
        "volume": 662576,
        "typical_volume": 1477455.0,
        "trend": 48.949037,
        "fair_value": 66.212348,
        "relative_strength": -23.300886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.662248,
        "energy": 46.41803,
        "activity_lines": [
          45.423084,
          46.111034,
          46.630404,
          47.492388
        ]
      },
      {
        "date": "2024-04-12",
        "close": 42.854576,
        "volume": 1702646,
        "typical_volume": 1468276.75,
        "trend": 48.573119,
        "fair_value": 65.806663,
        "relative_strength": -28.782166,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.705741,
        "energy": 58.497707,
        "activity_lines": [
          44.523953,
          45.43815,
          46.235417,
          47.099197
        ]
      },
      {
        "date": "2024-04-19",
        "close": 44.281525,
        "volume": 3088273,
        "typical_volume": 1551527.4,
        "trend": 48.352172,
        "fair_value": 65.427278,
        "relative_strength": -21.157212,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.031708,
        "energy": 40.263803,
        "activity_lines": [
          44.336762,
          45.100871,
          45.999346,
          46.822319
        ]
      },
      {
        "date": "2024-04-26",
        "close": 40.368916,
        "volume": 1986180,
        "typical_volume": 1536513.3,
        "trend": 47.896468,
        "fair_value": 64.842707,
        "relative_strength": -29.666801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.874382,
        "energy": 56.558857,
        "activity_lines": [
          42.961979,
          44.099075,
          45.405111,
          46.307271
        ]
      },
      {
        "date": "2024-05-03",
        "close": 36.502338,
        "volume": 3842035,
        "typical_volume": 1666287.25,
        "trend": 47.333359,
        "fair_value": 64.227633,
        "relative_strength": -36.476284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.218593,
        "energy": 81.713833,
        "activity_lines": [
          40.553039,
          42.534032,
          44.484936,
          45.572166
        ]
      },
      {
        "date": "2024-05-10",
        "close": 38.849903,
        "volume": 2170047,
        "typical_volume": 1740552.45,
        "trend": 46.857709,
        "fair_value": 63.650478,
        "relative_strength": -33.01473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.442187,
        "energy": 74.922436,
        "activity_lines": [
          39.518883,
          41.60756,
          43.842918,
          45.024846
        ]
      },
      {
        "date": "2024-05-17",
        "close": 36.870583,
        "volume": 1016078,
        "typical_volume": 1747119.55,
        "trend": 46.325287,
        "fair_value": 63.029188,
        "relative_strength": -37.459416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.695338,
        "energy": 82.874558,
        "activity_lines": [
          38.28526,
          40.4819,
          43.052286,
          44.380515
        ]
      },
      {
        "date": "2024-05-24",
        "close": 34.983326,
        "volume": 2137069,
        "typical_volume": 1825688.55,
        "trend": 45.686995,
        "fair_value": 62.533023,
        "relative_strength": -40.92193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.888165,
        "energy": 86.449855,
        "activity_lines": [
          36.821484,
          39.186346,
          42.12948,
          43.648776
        ]
      },
      {
        "date": "2024-05-31",
        "close": 30.150103,
        "volume": 4857700,
        "typical_volume": 2021705.3,
        "trend": 44.87532,
        "fair_value": 62.000158,
        "relative_strength": -47.579939,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.887133,
        "energy": 91.460906,
        "activity_lines": [
          34.366514,
          37.212885,
          40.801604,
          42.646396
        ]
      },
      {
        "date": "2024-06-07",
        "close": 31.438963,
        "volume": 4676797,
        "typical_volume": 2225336.0,
        "trend": 44.201738,
        "fair_value": 61.475555,
        "relative_strength": -46.387409,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.806628,
        "energy": 87.089131,
        "activity_lines": [
          33.022418,
          35.729023,
          39.675606,
          41.779534
        ]
      },
      {
        "date": "2024-06-14",
        "close": 28.216814,
        "volume": 2796212,
        "typical_volume": 2310001.95,
        "trend": 43.485194,
        "fair_value": 60.930297,
        "relative_strength": -52.663224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.634527,
        "energy": 90.583928,
        "activity_lines": [
          30.941831,
          33.912903,
          38.316605,
          40.748248
        ]
      },
      {
        "date": "2024-06-21",
        "close": 29.045364,
        "volume": 7846307,
        "typical_volume": 2655781.35,
        "trend": 42.863779,
        "fair_value": 60.324598,
        "relative_strength": -52.273491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.565752,
        "energy": 84.857485,
        "activity_lines": [
          29.8463,
          32.566295,
          37.130109,
          39.816646
        ]
      },
      {
        "date": "2024-06-28",
        "close": 27.802536,
        "volume": 2815091,
        "typical_volume": 2785770.3,
        "trend": 42.213212,
        "fair_value": 59.736661,
        "relative_strength": -53.27877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.979759,
        "energy": 80.21578,
        "activity_lines": [
          28.858174,
          31.244796,
          35.910953,
          38.844953
        ]
      },
      {
        "date": "2024-07-05",
        "close": 33.970646,
        "volume": 11241870,
        "typical_volume": 3303393.8,
        "trend": 41.703806,
        "fair_value": 59.188263,
        "relative_strength": -43.555226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.171995,
        "energy": 54.709336,
        "activity_lines": [
          30.404804,
          31.344389,
          35.369982,
          38.313175
        ]
      },
      {
        "date": "2024-07-12",
        "close": 33.832558,
        "volume": 3601960,
        "typical_volume": 3359679.65,
        "trend": 41.232758,
        "fair_value": 58.684722,
        "relative_strength": -44.038345,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.692911,
        "energy": 40.061568,
        "activity_lines": [
          31.650702,
          31.535207,
          34.882934,
          37.805352
        ]
      },
      {
        "date": "2024-07-19",
        "close": 35.549999,
        "volume": 1867884,
        "typical_volume": 3353387.05,
        "trend": 40.843508,
        "fair_value": 58.229353,
        "relative_strength": -37.928299,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.524141,
        "energy": 27.823368,
        "activity_lines": [
          33.309507,
          32.086829,
          34.62762,
          37.438723
        ]
      },
      {
        "date": "2024-07-26",
        "close": 30.700001,
        "volume": 1115213,
        "typical_volume": 3265377.9,
        "trend": 40.304867,
        "fair_value": 57.740036,
        "relative_strength": -43.922626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.76571,
        "energy": 26.215853,
        "activity_lines": [
          32.862767,
          31.816631,
          33.968202,
          36.784303
        ]
      },
      {
        "date": "2024-08-02",
        "close": 30.299999,
        "volume": 1217384,
        "typical_volume": 3232885.8,
        "trend": 39.762098,
        "fair_value": 57.205273,
        "relative_strength": -42.697968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.531092,
        "energy": 29.135556,
        "activity_lines": [
          32.172384,
          31.585898,
          33.345444,
          36.138828
        ]
      },
      {
        "date": "2024-08-09",
        "close": 31.5,
        "volume": 1755490,
        "typical_volume": 3125284.4,
        "trend": 39.253192,
        "fair_value": 56.721085,
        "relative_strength": -39.091777,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.909997,
        "energy": 28.103128,
        "activity_lines": [
          31.715504,
          31.658498,
          32.91188,
          35.605789
        ]
      },
      {
        "date": "2024-08-16",
        "close": 30.799999,
        "volume": 1230814,
        "typical_volume": 3081381.3,
        "trend": 38.714815,
        "fair_value": 56.22955,
        "relative_strength": -41.804785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.979761,
        "energy": 36.865218,
        "activity_lines": [
          31.19,
          31.579282,
          32.472076,
          35.060422
        ]
      },
      {
        "date": "2024-08-23",
        "close": 30.0,
        "volume": 708459,
        "typical_volume": 3083675.45,
        "trend": 38.119085,
        "fair_value": 55.838663,
        "relative_strength": -41.884307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.092573,
        "energy": 37.55935,
        "activity_lines": [
          30.6,
          31.366229,
          32.025539,
          34.498176
        ]
      },
      {
        "date": "2024-08-30",
        "close": 29.200001,
        "volume": 728938,
        "typical_volume": 3034990.05,
        "trend": 37.524306,
        "fair_value": 55.484386,
        "relative_strength": -42.712058,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.439028,
        "energy": 39.113743,
        "activity_lines": [
          30.113333,
          30.9753,
          31.577834,
          33.922751
        ]
      },
      {
        "date": "2024-09-06",
        "close": 27.75,
        "volume": 747422,
        "typical_volume": 2917947.5,
        "trend": 36.887331,
        "fair_value": 55.120242,
        "relative_strength": -42.450735,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.690547,
        "energy": 49.430806,
        "activity_lines": [
          29.243333,
          30.317923,
          31.057055,
          33.29215
        ]
      },
      {
        "date": "2024-09-13",
        "close": 25.9,
        "volume": 967460,
        "typical_volume": 2867011.5,
        "trend": 36.148797,
        "fair_value": 54.760249,
        "relative_strength": -46.163736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.318278,
        "energy": 62.137073,
        "activity_lines": [
          27.926667,
          29.325137,
          30.438807,
          32.58329
        ]
      },
      {
        "date": "2024-09-20",
        "close": 26.0,
        "volume": 628250,
        "typical_volume": 2706322.25,
        "trend": 35.410527,
        "fair_value": 54.406614,
        "relative_strength": -46.019275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.706856,
        "energy": 68.548539,
        "activity_lines": [
          27.016667,
          28.497273,
          29.898983,
          31.928529
        ]
      },
      {
        "date": "2024-09-27",
        "close": 26.1,
        "volume": 828551,
        "typical_volume": 2639247.45,
        "trend": 34.690933,
        "fair_value": 53.969151,
        "relative_strength": -46.361228,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.640618,
        "energy": 69.301019,
        "activity_lines": [
          26.46,
          27.83,
          29.418693,
          31.32785
        ]
      },
      {
        "date": "2024-10-04",
        "close": 25.5,
        "volume": 632398,
        "typical_volume": 2620063.45,
        "trend": 33.994302,
        "fair_value": 53.55376,
        "relative_strength": -45.342503,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.646394,
        "energy": 79.203459,
        "activity_lines": [
          25.963333,
          27.225455,
          28.941975,
          30.734887
        ]
      },
      {
        "date": "2024-10-11",
        "close": 25.0,
        "volume": 927193,
        "typical_volume": 2559569.65,
        "trend": 33.293279,
        "fair_value": 53.144955,
        "relative_strength": -46.801525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.225928,
        "energy": 77.374738,
        "activity_lines": [
          25.546667,
          26.624545,
          28.471783,
          30.154609
        ]
      },
      {
        "date": "2024-10-18",
        "close": 24.799999,
        "volume": 875769,
        "typical_volume": 2360473.1,
        "trend": 32.646964,
        "fair_value": 52.736597,
        "relative_strength": -47.480644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.376402,
        "energy": 74.107205,
        "activity_lines": [
          25.246666,
          26.083636,
          28.030083,
          29.606656
        ]
      },
      {
        "date": "2024-10-25",
        "close": 25.25,
        "volume": 2063500,
        "typical_volume": 2229808.25,
        "trend": 31.975755,
        "fair_value": 52.371441,
        "relative_strength": -45.013938,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.388651,
        "energy": 68.325625,
        "activity_lines": [
          25.17,
          25.746364,
          27.656717,
          29.129432
        ]
      },
      {
        "date": "2024-11-01",
        "close": 26.6,
        "volume": 1537137,
        "typical_volume": 2166854.5,
        "trend": 31.337272,
        "fair_value": 52.009755,
        "relative_strength": -39.36368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.910409,
        "energy": 48.711512,
        "activity_lines": [
          25.593333,
          25.755454,
          27.441393,
          28.782609
        ]
      },
      {
        "date": "2024-11-08",
        "close": 25.950001,
        "volume": 849437,
        "typical_volume": 1817011.0,
        "trend": 30.773786,
        "fair_value": 51.611648,
        "relative_strength": -41.626364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.44034,
        "energy": 42.385331,
        "activity_lines": [
          25.766667,
          25.708182,
          27.171864,
          28.435043
        ]
      },
      {
        "date": "2024-11-15",
        "close": 24.1,
        "volume": 839770,
        "typical_volume": 1718244.95,
        "trend": 30.101068,
        "fair_value": 51.187283,
        "relative_strength": -42.788133,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.506966,
        "energy": 50.729249,
        "activity_lines": [
          25.293334,
          25.383636,
          26.740885,
          28.004476
        ]
      },
      {
        "date": "2024-11-22",
        "close": 20.9,
        "volume": 2896400,
        "typical_volume": 1300971.45,
        "trend": 29.452104,
        "fair_value": 50.750469,
        "relative_strength": -49.771972,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.959334,
        "energy": 67.163985,
        "activity_lines": [
          23.813334,
          24.543636,
          26.022774,
          27.410859
        ]
      },
      {
        "date": "2024-11-29",
        "close": 18.1,
        "volume": 3849364,
        "typical_volume": 1313341.65,
        "trend": 28.838693,
        "fair_value": 50.279002,
        "relative_strength": -54.328204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.714377,
        "energy": 91.984357,
        "activity_lines": [
          21.66,
          23.285455,
          25.100238,
          26.678465
        ]
      },
      {
        "date": "2024-12-06",
        "close": 16.65,
        "volume": 1520109,
        "typical_volume": 1295952.9,
        "trend": 28.098696,
        "fair_value": 49.852382,
        "relative_strength": -58.72992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.032084,
        "energy": 95.740317,
        "activity_lines": [
          19.5,
          21.907273,
          24.114524,
          25.892098
        ]
      },
      {
        "date": "2024-12-13",
        "close": 18.1,
        "volume": 3865159,
        "typical_volume": 1433450.2,
        "trend": 27.47301,
        "fair_value": 49.450033,
        "relative_strength": -53.814859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.221182,
        "energy": 89.661825,
        "activity_lines": [
          18.486667,
          20.964546,
          23.356905,
          25.247021
        ]
      },
      {
        "date": "2024-12-20",
        "close": 17.0,
        "volume": 1054495,
        "typical_volume": 1425305.75,
        "trend": 26.873566,
        "fair_value": 49.017017,
        "relative_strength": -54.650426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.821573,
        "energy": 90.59572,
        "activity_lines": [
          17.63,
          19.956364,
          22.554524,
          24.571343
        ]
      },
      {
        "date": "2024-12-27",
        "close": 17.049999,
        "volume": 1254322,
        "typical_volume": 1400247.35,
        "trend": 26.436896,
        "fair_value": 48.616,
        "relative_strength": -55.036187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.384084,
        "energy": 85.681569,
        "activity_lines": [
          17.263333,
          19.102727,
          21.820238,
          23.937564
        ]
      },
      {
        "date": "2025-01-03",
        "close": 19.9,
        "volume": 2529715,
        "typical_volume": 1465192.4,
        "trend": 26.052264,
        "fair_value": 48.265507,
        "relative_strength": -45.527449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.606145,
        "energy": 60.756087,
        "activity_lines": [
          18.103333,
          18.908182,
          21.42619,
          23.515829
        ]
      },
      {
        "date": "2025-01-10",
        "close": 18.5,
        "volume": 2238704,
        "typical_volume": 1541704.65,
        "trend": 25.72837,
        "fair_value": 47.852474,
        "relative_strength": -48.426745,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.189449,
        "energy": 52.993303,
        "activity_lines": [
          18.356666,
          18.556364,
          20.950714,
          23.028586
        ]
      },
      {
        "date": "2025-01-17",
        "close": 17.450001,
        "volume": 910589,
        "typical_volume": 1550787.2,
        "trend": 25.341858,
        "fair_value": 47.457478,
        "relative_strength": -50.47842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.473435,
        "energy": 50.528702,
        "activity_lines": [
          18.136667,
          18.160909,
          20.43,
          22.494498
        ]
      },
      {
        "date": "2025-01-24",
        "close": 16.75,
        "volume": 380268,
        "typical_volume": 1532429.5,
        "trend": 24.97344,
        "fair_value": 47.007308,
        "relative_strength": -52.047126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.783235,
        "energy": 50.561556,
        "activity_lines": [
          17.726667,
          17.792727,
          19.898571,
          21.940184
        ]
      },
      {
        "date": "2025-02-07",
        "close": 17.299999,
        "volume": 1156050,
        "typical_volume": 1541859.0,
        "trend": 24.417752,
        "fair_value": 46.585431,
        "relative_strength": -49.142665,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.837928,
        "energy": 49.913895,
        "activity_lines": [
          17.516667,
          17.658182,
          19.471905,
          21.445124
        ]
      },
      {
        "date": "2025-02-14",
        "close": 17.299999,
        "volume": 1349760,
        "typical_volume": 1577934.5,
        "trend": 23.866667,
        "fair_value": 46.181985,
        "relative_strength": -47.134636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.431329,
        "energy": 48.807332,
        "activity_lines": [
          17.29,
          17.589091,
          19.08619,
          20.985914
        ]
      },
      {
        "date": "2025-02-21",
        "close": 16.85,
        "volume": 1038630,
        "typical_volume": 1588438.45,
        "trend": 23.243333,
        "fair_value": 45.746856,
        "relative_strength": -48.449723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.569575,
        "energy": 49.025283,
        "activity_lines": [
          17.086666,
          17.452727,
          18.699047,
          20.533226
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.9,
        "volume": 978110,
        "typical_volume": 1605724.05,
        "trend": 22.783333,
        "fair_value": 45.325294,
        "relative_strength": -45.393836,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.311488,
        "energy": 48.19624,
        "activity_lines": [
          17.01,
          17.321818,
          18.360714,
          20.123978
        ]
      },
      {
        "date": "2025-03-07",
        "close": 16.35,
        "volume": 1074153,
        "typical_volume": 1613072.05,
        "trend": 22.318333,
        "fair_value": 44.911727,
        "relative_strength": -44.631498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.305224,
        "energy": 52.559429,
        "activity_lines": [
          16.786666,
          17.112727,
          18.010952,
          19.708925
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.15,
        "volume": 1198494,
        "typical_volume": 1629208.3,
        "trend": 21.773333,
        "fair_value": 44.486435,
        "relative_strength": -45.959941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.232111,
        "energy": 62.835125,
        "activity_lines": [
          16.19,
          16.697273,
          17.588095,
          19.246452
        ]
      },
      {
        "date": "2025-03-21",
        "close": 15.1,
        "volume": 1379810,
        "typical_volume": 1595023.8,
        "trend": 21.25,
        "fair_value": 44.090197,
        "relative_strength": -45.357016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.77424,
        "energy": 73.206011,
        "activity_lines": [
          15.72,
          16.307273,
          17.206428,
          18.815914
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.05,
        "volume": 1263270,
        "typical_volume": 1581330.45,
        "trend": 20.751667,
        "fair_value": 43.723014,
        "relative_strength": -42.691827,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.836751,
        "energy": 73.401995,
        "activity_lines": [
          15.38,
          15.995454,
          16.868333,
          18.415914
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.15,
        "volume": 711568,
        "typical_volume": 1574437.0,
        "trend": 20.25,
        "fair_value": 43.321263,
        "relative_strength": -43.954373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.826479,
        "energy": 72.750199,
        "activity_lines": [
          14.86,
          15.582727,
          16.499524,
          17.99
        ]
      },
      {
        "date": "2025-04-11",
        "close": 10.45,
        "volume": 3003079,
        "typical_volume": 1682602.45,
        "trend": 19.673333,
        "fair_value": 42.902705,
        "relative_strength": -53.567542,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.524555,
        "energy": 94.482868,
        "activity_lines": [
          13.29,
          14.557273,
          15.834524,
          17.357742
        ]
      },
      {
        "date": "2025-04-18",
        "close": 10.05,
        "volume": 761349,
        "typical_volume": 1575849.9,
        "trend": 19.145,
        "fair_value": 42.471792,
        "relative_strength": -53.84433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.366473,
        "energy": 96.371716,
        "activity_lines": [
          11.98,
          13.573636,
          15.196428,
          16.736882
        ]
      },
      {
        "date": "2025-04-25",
        "close": 10.1,
        "volume": 369038,
        "typical_volume": 1401833.6,
        "trend": 18.615,
        "fair_value": 42.046959,
        "relative_strength": -53.322921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.712097,
        "energy": 93.915567,
        "activity_lines": [
          11.026667,
          12.730909,
          14.614762,
          16.153333
        ]
      },
      {
        "date": "2025-05-02",
        "close": 10.4,
        "volume": 877655,
        "typical_volume": 1369710.9,
        "trend": 18.091667,
        "fair_value": 41.662639,
        "relative_strength": -52.796245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.562456,
        "energy": 89.741604,
        "activity_lines": [
          10.506667,
          12.073636,
          14.099762,
          15.623333
        ]
      },
      {
        "date": "2025-05-09",
        "close": 10.55,
        "volume": 967596,
        "typical_volume": 1224832.75,
        "trend": 17.593333,
        "fair_value": 41.271731,
        "relative_strength": -51.265477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.315411,
        "energy": 87.728798,
        "activity_lines": [
          10.346667,
          11.560909,
          13.628809,
          15.136774
        ]
      },
      {
        "date": "2025-05-16",
        "close": 9.98,
        "volume": 654459,
        "typical_volume": 1204830.95,
        "trend": 17.092667,
        "fair_value": 40.901954,
        "relative_strength": -54.663063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.423501,
        "energy": 73.430471,
        "activity_lines": [
          10.236667,
          11.06,
          13.139524,
          14.645591
        ]
      },
      {
        "date": "2025-05-23",
        "close": 5.98,
        "volume": 5201307,
        "typical_volume": 1402180.2,
        "trend": 16.465333,
        "fair_value": 40.544896,
        "relative_strength": -71.809526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.923384,
        "energy": 76.205526,
        "activity_lines": [
          8.824667,
          9.947636,
          12.302714,
          13.928645
        ]
      },
      {
        "date": "2025-05-30",
        "close": 5.91,
        "volume": 6762730,
        "typical_volume": 1613830.95,
        "trend": 15.820667,
        "fair_value": 40.209224,
        "relative_strength": -70.975044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.810545,
        "energy": 74.52776,
        "activity_lines": [
          7.660667,
          8.989273,
          11.511952,
          13.247656
        ]
      },
      {
        "date": "2025-06-06",
        "close": 5.55,
        "volume": 1930830,
        "typical_volume": 1598437.25,
        "trend": 15.119,
        "fair_value": 39.883046,
        "relative_strength": -72.489728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.546273,
        "energy": 76.368791,
        "activity_lines": [
          6.656,
          8.132545,
          10.753524,
          12.585032
        ]
      },
      {
        "date": "2025-06-13",
        "close": 5.11,
        "volume": 3211892,
        "typical_volume": 1713502.4,
        "trend": 14.424333,
        "fair_value": 39.554049,
        "relative_strength": -74.508654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.32408,
        "energy": 86.697373,
        "activity_lines": [
          5.828,
          7.368545,
          10.014857,
          11.93929
        ]
      },
      {
        "date": "2025-06-20",
        "close": 5.65,
        "volume": 2751183,
        "typical_volume": 1832048.15,
        "trend": 13.809333,
        "fair_value": 39.252708,
        "relative_strength": -71.171113,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.285911,
        "energy": 83.785836,
        "activity_lines": [
          5.542667,
          6.867091,
          9.386381,
          11.373204
        ]
      },
      {
        "date": "2025-06-27",
        "close": 6.11,
        "volume": 1423885,
        "typical_volume": 1845439.9,
        "trend": 13.316333,
        "fair_value": 38.973201,
        "relative_strength": -68.903523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.546344,
        "energy": 67.884412,
        "activity_lines": [
          5.699333,
          6.536545,
          8.854571,
          10.876473
        ]
      },
      {
        "date": "2025-07-04",
        "close": 7.81,
        "volume": 7230502,
        "typical_volume": 2139477.0,
        "trend": 12.973333,
        "fair_value": 38.712853,
        "relative_strength": -59.422161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.70821,
        "energy": 60.495625,
        "activity_lines": [
          6.414,
          6.586727,
          8.537952,
          10.521226
        ]
      },
      {
        "date": "2025-07-11",
        "close": 7.91,
        "volume": 2771343,
        "typical_volume": 2226112.65,
        "trend": 12.682,
        "fair_value": 38.470555,
        "relative_strength": -58.240658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.239787,
        "energy": 49.537622,
        "activity_lines": [
          7.035333,
          6.696727,
          8.276048,
          10.194559
        ]
      },
      {
        "date": "2025-07-18",
        "close": 8.22,
        "volume": 1599984,
        "typical_volume": 2257206.35,
        "trend": 12.352667,
        "fair_value": 38.226999,
        "relative_strength": -56.714314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.465993,
        "energy": 35.276771,
        "activity_lines": [
          7.602667,
          6.908364,
          8.086238,
          9.906688
        ]
      },
      {
        "date": "2025-07-25",
        "close": 7.88,
        "volume": 900707,
        "typical_volume": 2248534.05,
        "trend": 12.048667,
        "fair_value": 37.987459,
        "relative_strength": -57.238908,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.840877,
        "energy": 29.512048,
        "activity_lines": [
          7.849333,
          7.100545,
          7.905381,
          9.618129
        ]
      },
      {
        "date": "2025-08-01",
        "close": 7.39,
        "volume": 464530,
        "typical_volume": 2211835.85,
        "trend": 11.726667,
        "fair_value": 37.742123,
        "relative_strength": -58.944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.584647,
        "energy": 24.618199,
        "activity_lines": [
          7.784,
          7.241818,
          7.71819,
          9.31757
        ]
      },
      {
        "date": "2025-08-08",
        "close": 7.2,
        "volume": 483133,
        "typical_volume": 2167002.0,
        "trend": 11.303333,
        "fair_value": 37.496159,
        "relative_strength": -59.871089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.646814,
        "energy": 27.753341,
        "activity_lines": [
          7.57,
          7.322909,
          7.549857,
          9.025527
        ]
      },
      {
        "date": "2025-08-15",
        "close": 7.0,
        "volume": 1016929,
        "typical_volume": 2154684.95,
        "trend": 10.92,
        "fair_value": 37.244782,
        "relative_strength": -60.281713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.499642,
        "energy": 35.689218,
        "activity_lines": [
          7.33,
          7.344182,
          7.400095,
          8.747892
        ]
      },
      {
        "date": "2025-08-22",
        "close": 7.09,
        "volume": 505546,
        "typical_volume": 2144383.85,
        "trend": 10.574667,
        "fair_value": 36.967426,
        "relative_strength": -57.590192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.008711,
        "energy": 38.451825,
        "activity_lines": [
          7.180667,
          7.355455,
          7.297238,
          8.500796
        ]
      },
      {
        "date": "2025-08-29",
        "close": 6.84,
        "volume": 380482,
        "typical_volume": 2013254.0,
        "trend": 10.244333,
        "fair_value": 36.668402,
        "relative_strength": -58.665925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.498892,
        "energy": 40.437002,
        "activity_lines": [
          7.023333,
          7.285273,
          7.20419,
          8.259849
        ]
      },
      {
        "date": "2025-09-05",
        "close": 7.45,
        "volume": 1311153,
        "typical_volume": 2040744.2,
        "trend": 9.916,
        "fair_value": 36.367387,
        "relative_strength": -54.160144,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.856314,
        "energy": 31.814426,
        "activity_lines": [
          7.138667,
          7.304364,
          7.186429,
          8.07957
        ]
      },
      {
        "date": "2025-09-12",
        "close": 7.0,
        "volume": 1212426,
        "typical_volume": 2082913.6,
        "trend": 9.572667,
        "fair_value": 36.092405,
        "relative_strength": -57.324621,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.411099,
        "energy": 29.379824,
        "activity_lines": [
          7.1,
          7.217273,
          7.13819,
          7.891441
        ]
      },
      {
        "date": "2025-09-19",
        "close": 6.6,
        "volume": 992134,
        "typical_volume": 2088637.55,
        "trend": 9.231,
        "fair_value": 35.835513,
        "relative_strength": -58.778665,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.653471,
        "energy": 31.69111,
        "activity_lines": [
          6.941333,
          7.072182,
          7.066619,
          7.699656
        ]
      },
      {
        "date": "2025-09-26",
        "close": 6.15,
        "volume": 1003531,
        "typical_volume": 2090434.3,
        "trend": 8.872667,
        "fair_value": 35.562754,
        "relative_strength": -60.458879,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.109026,
        "energy": 37.9224,
        "activity_lines": [
          6.659333,
          6.869091,
          6.970286,
          7.500882
        ]
      },
      {
        "date": "2025-10-03",
        "close": 6.19,
        "volume": 736430,
        "typical_volume": 2094532.85,
        "trend": 8.534,
        "fair_value": 35.300873,
        "relative_strength": -60.827372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.710148,
        "energy": 50.834663,
        "activity_lines": [
          6.453333,
          6.710909,
          6.898714,
          7.327806
        ]
      },
      {
        "date": "2025-10-10",
        "close": 6.3,
        "volume": 540320,
        "typical_volume": 1861483.5,
        "trend": 8.239,
        "fair_value": 35.046189,
        "relative_strength": -59.723987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.977966,
        "energy": 55.853999,
        "activity_lines": [
          6.327333,
          6.603455,
          6.855667,
          7.183677
        ]
      },
      {
        "date": "2025-10-17",
        "close": 5.85,
        "volume": 409029,
        "typical_volume": 1543798.45,
        "trend": 7.930667,
        "fair_value": 34.787441,
        "relative_strength": -61.466688,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.272135,
        "energy": 60.869485,
        "activity_lines": [
          6.128,
          6.434,
          6.768238,
          7.029548
        ]
      },
      {
        "date": "2025-10-24",
        "close": 5.63,
        "volume": 590594,
        "typical_volume": 1476786.65,
        "trend": 7.616667,
        "fair_value": 34.529052,
        "relative_strength": -62.10977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.721654,
        "energy": 62.428123,
        "activity_lines": [
          5.932,
          6.249091,
          6.660143,
          6.881118
        ]
      },
      {
        "date": "2025-10-31",
        "close": 5.35,
        "volume": 473864,
        "typical_volume": 1339885.25,
        "trend": 7.323333,
        "fair_value": 34.273589,
        "relative_strength": -63.735686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.63157,
        "energy": 62.856247,
        "activity_lines": [
          5.707333,
          6.038182,
          6.525,
          6.734882
        ]
      },
      {
        "date": "2025-11-07",
        "close": 5.4,
        "volume": 503009,
        "typical_volume": 1227476.55,
        "trend": 7.155,
        "fair_value": 34.019038,
        "relative_strength": -61.23929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.404214,
        "energy": 64.554603,
        "activity_lines": [
          5.552667,
          5.868,
          6.393476,
          6.610796
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4.9,
        "volume": 620809,
        "typical_volume": 1187322.75,
        "trend": 6.983333,
        "fair_value": 33.767182,
        "relative_strength": -63.206205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.418071,
        "energy": 74.402186,
        "activity_lines": [
          5.284,
          5.633091,
          6.215524,
          6.465312
        ]
      },
      {
        "date": "2025-11-21",
        "close": 4.94,
        "volume": 455660,
        "typical_volume": 848580.65,
        "trend": 6.811333,
        "fair_value": 33.512042,
        "relative_strength": -60.180161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.441959,
        "energy": 73.668355,
        "activity_lines": [
          5.122,
          5.451818,
          6.047143,
          6.333484
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5.14,
        "volume": 449261,
        "typical_volume": 732476.55,
        "trend": 6.636,
        "fair_value": 33.234579,
        "relative_strength": -59.138648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.717094,
        "energy": 63.478951,
        "activity_lines": [
          5.087333,
          5.344364,
          5.911476,
          6.225656
        ]
      },
      {
        "date": "2025-12-05",
        "close": 4.84,
        "volume": 450230,
        "typical_volume": 674988.85,
        "trend": 6.445667,
        "fair_value": 32.958733,
        "relative_strength": -60.955427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.268624,
        "energy": 69.230853,
        "activity_lines": [
          4.985333,
          5.208909,
          5.760429,
          6.109785
        ]
      },
      {
        "date": "2025-12-12",
        "close": 4.6,
        "volume": 1292859,
        "typical_volume": 694596.45,
        "trend": 6.266333,
        "fair_value": 32.655973,
        "relative_strength": -62.268664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.167136,
        "energy": 71.368734,
        "activity_lines": [
          4.837333,
          5.053636,
          5.602619,
          5.99071
        ]
      },
      {
        "date": "2025-12-19",
        "close": 5.69,
        "volume": 2689103,
        "typical_volume": 805825.1,
        "trend": 6.256667,
        "fair_value": 32.353709,
        "relative_strength": -51.222464,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.525517,
        "energy": 40.481377,
        "activity_lines": [
          5.106,
          5.125455,
          5.564238,
          5.953527
        ]
      },
      {
        "date": "2025-12-26",
        "close": 5.3,
        "volume": 1336232,
        "typical_volume": 848480.05,
        "trend": 6.236333,
        "fair_value": 32.052485,
        "relative_strength": -54.756843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.551935,
        "energy": 31.848289,
        "activity_lines": [
          5.192,
          5.137455,
          5.49681,
          5.891806
        ]
      },
      {
        "date": "2026-01-02",
        "close": 5.35,
        "volume": 507670,
        "typical_volume": 823017.1,
        "trend": 6.229667,
        "fair_value": 31.74096,
        "relative_strength": -54.388694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.713598,
        "energy": 24.809667,
        "activity_lines": [
          5.270667,
          5.168545,
          5.44319,
          5.834624
        ]
      },
      {
        "date": "2026-01-09",
        "close": 5.4,
        "volume": 941980,
        "typical_volume": 844838.8,
        "trend": 6.239333,
        "fair_value": 31.436247,
        "relative_strength": -53.856932,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.963652,
        "energy": 21.065597,
        "activity_lines": [
          5.352,
          5.213818,
          5.40219,
          5.781097
        ]
      },
      {
        "date": "2026-01-16",
        "close": 5.25,
        "volume": 825937,
        "typical_volume": 867111.55,
        "trend": 6.226,
        "fair_value": 31.135293,
        "relative_strength": -55.321966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.182159,
        "energy": 18.356874,
        "activity_lines": [
          5.346,
          5.230909,
          5.354952,
          5.717269
        ]
      },
      {
        "date": "2026-01-23",
        "close": 6.32,
        "volume": 3217107,
        "typical_volume": 962409.25,
        "trend": 6.233,
        "fair_value": 30.847099,
        "relative_strength": -45.591134,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 0.214145,
        "energy": 7.693099,
        "activity_lines": [
          5.653333,
          5.445273,
          5.41719,
          5.723333
        ]
      },
      {
        "date": "2026-01-30",
        "close": 6.44,
        "volume": 3762040,
        "typical_volume": 1089889.95,
        "trend": 6.187333,
        "fair_value": 30.571478,
        "relative_strength": -43.19852,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.635438,
        "energy": 13.947066,
        "activity_lines": [
          5.958667,
          5.655636,
          5.496238,
          5.736688
        ]
      },
      {
        "date": "2026-02-06",
        "close": 7.0,
        "volume": 1025847,
        "typical_volume": 1091575.6,
        "trend": 6.157,
        "fair_value": 30.321281,
        "relative_strength": -35.913139,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.850199,
        "energy": 30.134877,
        "activity_lines": [
          6.374667,
          5.940545,
          5.631286,
          5.789118
        ]
      },
      {
        "date": "2026-02-13",
        "close": 6.49,
        "volume": 954393,
        "typical_volume": 1089118.7,
        "trend": 6.099333,
        "fair_value": 30.066044,
        "relative_strength": -42.007044,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.325522,
        "energy": 33.793888,
        "activity_lines": [
          6.510667,
          6.098909,
          5.715857,
          5.810602
        ]
      },
      {
        "date": "2026-02-27",
        "close": 6.6,
        "volume": 814329,
        "typical_volume": 1093013.65,
        "trend": 6.056667,
        "fair_value": 29.802661,
        "relative_strength": -42.290992,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.156564,
        "energy": 40.25667,
        "activity_lines": [
          6.610667,
          6.247273,
          5.809286,
          5.842903
        ]
      },
      {
        "date": "2026-03-06",
        "close": 6.35,
        "volume": 649574,
        "typical_volume": 1098476.35,
        "trend": 6.022,
        "fair_value": 29.497546,
        "relative_strength": -39.518093,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.413844,
        "energy": 31.649492,
        "activity_lines": [
          6.537333,
          6.313818,
          5.876952,
          5.861828
        ]
      },
      {
        "date": "2026-03-13",
        "close": 6.3,
        "volume": 644323,
        "typical_volume": 1110241.05,
        "trend": 5.992,
        "fair_value": 29.185029,
        "relative_strength": -37.578864,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.833993,
        "energy": 18.150283,
        "activity_lines": [
          6.445333,
          6.359273,
          5.939619,
          5.879763
        ]
      },
      {
        "date": "2026-03-20",
        "close": 5.96,
        "volume": 550750,
        "typical_volume": 1108248.85,
        "trend": 5.957333,
        "fair_value": 28.82076,
        "relative_strength": -39.220033,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.965317,
        "energy": 8.359102,
        "activity_lines": [
          6.249333,
          6.324727,
          5.967762,
          5.877699
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6.29,
        "volume": 930573,
        "typical_volume": 1131084.3,
        "trend": 5.930667,
        "fair_value": 28.474541,
        "relative_strength": -32.855082,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.634535,
        "energy": 6.073351,
        "activity_lines": [
          6.232667,
          6.339091,
          6.025762,
          5.899161
        ]
      },
      {
        "date": "2026-04-03",
        "close": 6.21,
        "volume": 298185,
        "typical_volume": 1120843.1,
        "trend": 5.909667,
        "fair_value": 28.121908,
        "relative_strength": -30.209182,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.604934,
        "energy": 15.427001,
        "activity_lines": [
          6.202667,
          6.322727,
          6.071667,
          5.917183
        ]
      },
      {
        "date": "2026-04-10",
        "close": 5.86,
        "volume": 305851,
        "typical_volume": 1105095.2,
        "trend": 5.856667,
        "fair_value": 27.786505,
        "relative_strength": -37.22881,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.99637,
        "energy": 14.525993,
        "activity_lines": [
          6.082,
          6.225273,
          6.080381,
          5.913978
        ]
      },
      {
        "date": "2026-04-17",
        "close": 6.05,
        "volume": 2065299,
        "typical_volume": 1185577.15,
        "trend": 5.825,
        "fair_value": 27.45232,
        "relative_strength": -35.901252,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.869159,
        "energy": 12.790939,
        "activity_lines": [
          6.057333,
          6.170727,
          6.102619,
          5.926452
        ]
      },
      {
        "date": "2026-04-24",
        "close": 7.51,
        "volume": 6000092,
        "typical_volume": 1463118.7,
        "trend": 5.855333,
        "fair_value": 27.122774,
        "relative_strength": -22.901402,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.903842,
        "energy": 29.106536,
        "activity_lines": [
          6.536,
          6.388727,
          6.258619,
          6.035161
        ]
      },
      {
        "date": "2026-05-01",
        "close": 7.26,
        "volume": 715776,
        "typical_volume": 1476396.0,
        "trend": 5.892333,
        "fair_value": 26.809329,
        "relative_strength": -23.566776,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.40885,
        "energy": 40.71336,
        "activity_lines": [
          6.828,
          6.552,
          6.379524,
          6.125785
        ]
      },
      {
        "date": "2026-05-08",
        "close": 6.21,
        "volume": 1270090,
        "typical_volume": 1475257.55,
        "trend": 5.893,
        "fair_value": 26.526331,
        "relative_strength": -37.087966,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.942872,
        "energy": 36.917851,
        "activity_lines": [
          6.705333,
          6.510364,
          6.388905,
          6.14628
        ]
      },
      {
        "date": "2026-05-15",
        "close": 6.09,
        "volume": 1039194,
        "typical_volume": 1392762.1,
        "trend": 5.886,
        "fair_value": 26.249056,
        "relative_strength": -35.801852,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.263944,
        "energy": 30.921999,
        "activity_lines": [
          6.542667,
          6.454,
          6.37919,
          6.158989
        ]
      },
      {
        "date": "2026-05-22",
        "close": 5.19,
        "volume": 1282005,
        "typical_volume": 1390050.75,
        "trend": 5.864,
        "fair_value": 25.962471,
        "relative_strength": -45.178681,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.377122,
        "energy": 5.744539,
        "activity_lines": [
          6.064667,
          6.238727,
          6.281857,
          6.114086
        ]
      },
      {
        "date": "2026-05-29",
        "close": 5.09,
        "volume": 1953102,
        "typical_volume": 1462322.35,
        "trend": 5.846,
        "fair_value": 25.667573,
        "relative_strength": -48.479272,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.18646,
        "energy": 25.299897,
        "activity_lines": [
          5.610667,
          6.025455,
          6.175524,
          6.064151
        ]
      },
      {
        "date": "2026-06-05",
        "close": 5.1,
        "volume": 1119006,
        "typical_volume": 1471173.65,
        "trend": 5.837667,
        "fair_value": 25.378051,
        "relative_strength": -48.024341,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.494625,
        "energy": 38.12981,
        "activity_lines": [
          5.321333,
          5.829818,
          6.071381,
          6.016022
        ]
      },
      {
        "date": "2026-06-12",
        "close": 4.97,
        "volume": 845507,
        "typical_volume": 1472152.15,
        "trend": 5.823333,
        "fair_value": 25.093006,
        "relative_strength": -47.650447,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.139597,
        "energy": 51.392515,
        "activity_lines": [
          5.132667,
          5.632182,
          5.956286,
          5.960043
        ]
      },
      {
        "date": "2026-06-19",
        "close": 5.2,
        "volume": 780507,
        "typical_volume": 1350322.15,
        "trend": 5.833333,
        "fair_value": 24.7817,
        "relative_strength": -47.371376,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.549151,
        "energy": 49.881459,
        "activity_lines": [
          5.103333,
          5.498909,
          5.864429,
          5.919828
        ]
      },
      {
        "date": "2026-06-26",
        "close": 5.35,
        "volume": 1593779,
        "typical_volume": 1241909.1,
        "trend": 5.847,
        "fair_value": 24.480797,
        "relative_strength": -42.848817,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.711967,
        "energy": 32.783733,
        "activity_lines": [
          5.183333,
          5.404909,
          5.79219,
          5.888645
        ]
      },
      {
        "date": "2026-07-03",
        "close": 4.91,
        "volume": 782293,
        "typical_volume": 1229731.4,
        "trend": 5.839333,
        "fair_value": 24.193597,
        "relative_strength": -49.256101,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -58.982396,
        "energy": 36.180799,
        "activity_lines": [
          5.106,
          5.243636,
          5.683238,
          5.828194
        ]
      },
      {
        "date": "2026-07-10",
        "close": 6.35,
        "volume": 2033053,
        "typical_volume": 1283664.4,
        "trend": 5.889667,
        "fair_value": 23.914448,
        "relative_strength": -30.986417,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -25.307067,
        "energy": 13.770837,
        "activity_lines": [
          5.520667,
          5.391455,
          5.721381,
          5.86114
        ]
      },
      {
        "date": "2026-07-17",
        "close": 5.99,
        "volume": 2413538,
        "typical_volume": 1363624.85,
        "trend": 5.936,
        "fair_value": 23.638892,
        "relative_strength": -29.418197,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.947452,
        "energy": 14.822372,
        "activity_lines": [
          5.732,
          5.490364,
          5.725905,
          5.867613
        ]
      },
      {
        "date": "2026-07-24",
        "close": 6.0,
        "volume": 988954,
        "typical_volume": 1380593.85,
        "trend": 5.946333,
        "fair_value": 23.364581,
        "relative_strength": -29.432415,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.521764,
        "energy": 15.691477,
        "activity_lines": [
          5.878667,
          5.595091,
          5.734286,
          5.871742
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5.59,
        "volume": 1248899,
        "typical_volume": 1410822.65,
        "trend": 5.956,
        "fair_value": 23.097674,
        "relative_strength": -32.045568,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.258291,
        "energy": 18.972892,
        "activity_lines": [
          5.835333,
          5.626909,
          5.705286,
          5.848753
        ]
      },
      {
        "date": "2026-08-07",
        "close": 5.8,
        "volume": 601013,
        "typical_volume": 1413335.8,
        "trend": 5.971,
        "fair_value": 22.812049,
        "relative_strength": -29.955595,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.383251,
        "energy": 14.5292,
        "activity_lines": [
          5.846,
          5.689636,
          5.699667,
          5.838688
        ]
      },
      {
        "date": "2026-08-14",
        "close": 5.38,
        "volume": 743516,
        "typical_volume": 1403982.95,
        "trend": 5.970333,
        "fair_value": 22.5196,
        "relative_strength": -36.079027,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.455075,
        "energy": 13.828062,
        "activity_lines": [
          5.657333,
          5.663091,
          5.65481,
          5.800559
        ]
      }
    ],
    "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."
    }
  }
}