{
  "ticker": {
    "uuid": "2701b449-076a-430c-89c2-b90a10f7cb79",
    "symbol": "MRNO",
    "name": "Murano Global Investments PLC Ordinary Shares",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -60.996,
    "architecture_energy": 44.977,
    "architecture_maturity": 100.0,
    "architecture_confidence": 88.731,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 12.33,
        "rotation_up": 23.37,
        "upward_expansion": 5.84,
        "deceleration": 52.65,
        "rotation_down": 55.72,
        "downward_expansion": 81.51
      },
      "activity_lines": [
        0.21826,
        0.236427,
        0.284463,
        0.355687
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 0.212,
    "trend_reference": 0.506303,
    "distance_from_trend": -0.581279,
    "trend_direction": "Weakening",
    "fair_value": 7.154772,
    "distance_from_fair_value": -0.970369,
    "fair_value_direction": "Improving",
    "relative_strength": -87.704511,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.794175,
    "excess_performance": -0.981628,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.581279,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.443894,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.970369,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.000212,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.877045,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.072245,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.794175,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 10.228058,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 492450,
      "relative_activity": 0.024209,
      "balance": 10.228058,
      "dry_up": 0.067697,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.605239,
      "annualized_volatility": 1.779267,
      "from_high_reference": -0.969186,
      "from_low_reference": 0.19403
    },
    "levels": {
      "trend_reference": 0.506303,
      "fair_value_reference": 7.154772,
      "structural_low": 0.17755,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": -0.108656,
        "positive_rate": 0.352941,
        "directional_follow_through": 0.647059,
        "median_excess_return": -0.105792,
        "regime_survival": 0.882353,
        "best_return": 1.534,
        "worst_return": -0.567288,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.50307,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.54998,
        "regime_survival": 0.666667,
        "best_return": 1.15,
        "worst_return": -0.676206,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.219912,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.305947,
        "regime_survival": 0.75,
        "best_return": 0.731928,
        "worst_return": -0.884688,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.163386,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.016465,
        "regime_survival": 0.5,
        "best_return": 1.3,
        "worst_return": -0.973227,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-09-22",
        "end": "2024-02-23",
        "tenure": "Established",
        "return": 0.028285,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-01",
        "end": "2024-03-15",
        "tenure": "New",
        "return": 1.562,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-03-22",
        "end": "2024-03-29",
        "tenure": "New",
        "return": -0.403765,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-04-05",
        "end": "2024-08-02",
        "tenure": "Established",
        "return": -0.386503,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-09",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": 0.310769,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-11",
        "end": "2024-11-29",
        "tenure": "Developing",
        "return": 0.329964,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-12-06",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.053271,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-03-28",
        "tenure": "Established",
        "return": 0.080495,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.040092,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-18",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.094505,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": -0.302607,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-25",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.973227,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 10.8,
        "volume": 24,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 10.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 10.88,
        "volume": 26702,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 10.88,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 10.96,
        "volume": 6004,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 10.96,
        "volume": 602,
        "typical_volume": 6278.25,
        "trend": 10.65014,
        "fair_value": 10.305586,
        "relative_strength": -8.297965,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.585178,
        "energy": 98.100101,
        "activity_lines": [
          10.922667,
          10.874364,
          10.809048,
          10.742362
        ]
      },
      {
        "date": "2023-09-29",
        "close": 10.99,
        "volume": 305570,
        "typical_volume": 21556.35,
        "trend": 10.669807,
        "fair_value": 10.314036,
        "relative_strength": -7.747627,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.273881,
        "energy": 96.918936,
        "activity_lines": [
          10.954,
          10.902,
          10.832238,
          10.764289
        ]
      },
      {
        "date": "2023-10-06",
        "close": 11.0405,
        "volume": 194790,
        "typical_volume": 31290.65,
        "trend": 10.689683,
        "fair_value": 10.322895,
        "relative_strength": -8.564212,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.477192,
        "energy": 98.390752,
        "activity_lines": [
          10.9895,
          10.934455,
          10.857905,
          10.788204
        ]
      },
      {
        "date": "2023-10-13",
        "close": 11.0405,
        "volume": 96,
        "typical_volume": 31263.6,
        "trend": 10.710033,
        "fair_value": 10.331541,
        "relative_strength": -8.233425,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.640425,
        "energy": 95.658149,
        "activity_lines": [
          11.0143,
          10.961627,
          10.880998,
          10.810838
        ]
      },
      {
        "date": "2023-10-20",
        "close": 11.0405,
        "volume": 2,
        "typical_volume": 31034.2,
        "trend": 10.730383,
        "fair_value": 10.339981,
        "relative_strength": -5.138957,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.9398,
        "energy": 73.310689,
        "activity_lines": [
          11.0284,
          10.984427,
          10.901755,
          10.832158
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.04,
        "volume": 7925,
        "typical_volume": 30070.05,
        "trend": 10.750383,
        "fair_value": 10.348216,
        "relative_strength": -2.345486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.641094,
        "energy": 89.590898,
        "activity_lines": [
          11.036967,
          11.002764,
          10.920319,
          10.852133
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.07,
        "volume": 82957,
        "typical_volume": 34215.7,
        "trend": 10.770383,
        "fair_value": 10.356609,
        "relative_strength": -7.583503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.331189,
        "energy": 92.903619,
        "activity_lines": [
          11.0502,
          11.022191,
          10.940836,
          10.872754
        ]
      },
      {
        "date": "2023-11-10",
        "close": 11.07,
        "volume": 23811,
        "typical_volume": 35289.1,
        "trend": 10.789383,
        "fair_value": 10.364809,
        "relative_strength": -9.849075,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.235261,
        "energy": 72.989704,
        "activity_lines": [
          11.0581,
          11.036709,
          10.960305,
          10.892084
        ]
      },
      {
        "date": "2023-11-17",
        "close": 11.09,
        "volume": 115,
        "typical_volume": 35294.85,
        "trend": 10.810383,
        "fair_value": 10.37305,
        "relative_strength": -11.091653,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.905945,
        "energy": 74.547625,
        "activity_lines": [
          11.0707,
          11.051409,
          10.979679,
          10.911478
        ]
      },
      {
        "date": "2023-11-24",
        "close": 11.1,
        "volume": 100516,
        "typical_volume": 39069.1,
        "trend": 10.830383,
        "fair_value": 10.381218,
        "relative_strength": -11.419655,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.546274,
        "energy": 73.651501,
        "activity_lines": [
          11.083333,
          11.064109,
          10.99791,
          10.930163
        ]
      },
      {
        "date": "2023-12-01",
        "close": 11.12,
        "volume": 2257,
        "typical_volume": 39135.35,
        "trend": 10.85105,
        "fair_value": 10.389427,
        "relative_strength": -11.005701,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.469298,
        "energy": 75.886835,
        "activity_lines": [
          11.098667,
          11.0779,
          11.01614,
          10.948848
        ]
      },
      {
        "date": "2023-12-08",
        "close": 11.12,
        "volume": 2018,
        "typical_volume": 38752.55,
        "trend": 10.871717,
        "fair_value": 10.397455,
        "relative_strength": -11.07991,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.008944,
        "energy": 72.846207,
        "activity_lines": [
          11.108667,
          11.088782,
          11.032419,
          10.9662
        ]
      },
      {
        "date": "2023-12-15",
        "close": 11.09,
        "volume": 34675,
        "typical_volume": 39861.2,
        "trend": 10.891383,
        "fair_value": 10.404983,
        "relative_strength": -13.674132,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.578829,
        "energy": 68.822375,
        "activity_lines": [
          11.105333,
          11.091845,
          11.044079,
          10.980283
        ]
      },
      {
        "date": "2023-12-22",
        "close": 11.11,
        "volume": 7269,
        "typical_volume": 39766.7,
        "trend": 10.91005,
        "fair_value": 10.412563,
        "relative_strength": -13.736027,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.29154,
        "energy": 68.439393,
        "activity_lines": [
          11.107333,
          11.097645,
          11.056024,
          10.994387
        ]
      },
      {
        "date": "2023-12-29",
        "close": 11.18,
        "volume": 314906,
        "typical_volume": 55511.95,
        "trend": 10.929717,
        "fair_value": 10.420728,
        "relative_strength": -12.869043,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.68908,
        "energy": 77.280222,
        "activity_lines": [
          11.131333,
          11.114909,
          11.07316,
          11.011803
        ]
      },
      {
        "date": "2024-01-05",
        "close": 11.18,
        "volume": 76079,
        "typical_volume": 59314.7,
        "trend": 10.940717,
        "fair_value": 10.42872,
        "relative_strength": -9.495002,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.30675,
        "energy": 76.127365,
        "activity_lines": [
          11.15,
          11.129636,
          11.088486,
          11.027951
        ]
      },
      {
        "date": "2024-01-12",
        "close": 11.21,
        "volume": 483714,
        "typical_volume": 83500.4,
        "trend": 10.952717,
        "fair_value": 10.436858,
        "relative_strength": -11.57727,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.118008,
        "energy": 76.620722,
        "activity_lines": [
          11.174667,
          11.147273,
          11.10486,
          11.045324
        ]
      },
      {
        "date": "2024-01-19",
        "close": 11.23,
        "volume": 1301,
        "typical_volume": 82230.35,
        "trend": 10.97205,
        "fair_value": 10.445035,
        "relative_strength": -13.317743,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.699221,
        "energy": 89.158656,
        "activity_lines": [
          11.2,
          11.166,
          11.121186,
          11.063213
        ]
      },
      {
        "date": "2024-01-26",
        "close": 11.2557,
        "volume": 10758,
        "typical_volume": 82768.25,
        "trend": 10.99224,
        "fair_value": 10.453307,
        "relative_strength": -13.196349,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.419283,
        "energy": 75.215793,
        "activity_lines": [
          11.224567,
          11.186491,
          11.138293,
          11.081513
        ]
      },
      {
        "date": "2024-02-02",
        "close": 11.3323,
        "volume": 16538,
        "typical_volume": 83294.95,
        "trend": 11.013317,
        "fair_value": 10.462186,
        "relative_strength": -13.249321,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.461995,
        "energy": 77.014161,
        "activity_lines": [
          11.264953,
          11.217896,
          11.160906,
          11.103452
        ]
      },
      {
        "date": "2024-02-09",
        "close": 11.26,
        "volume": 255848,
        "typical_volume": 96057.25,
        "trend": 11.03165,
        "fair_value": 10.470164,
        "relative_strength": -14.90248,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.903291,
        "energy": 65.519451,
        "activity_lines": [
          11.271087,
          11.231933,
          11.174861,
          11.119367
        ]
      },
      {
        "date": "2024-02-16",
        "close": 11.24,
        "volume": 480593,
        "typical_volume": 104808.4,
        "trend": 11.047983,
        "fair_value": 10.477786,
        "relative_strength": -13.297918,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.676248,
        "energy": 57.275641,
        "activity_lines": [
          11.26522,
          11.239787,
          11.185482,
          11.132809
        ]
      },
      {
        "date": "2024-02-23",
        "close": 11.27,
        "volume": 603,
        "typical_volume": 95099.05,
        "trend": 11.065317,
        "fair_value": 10.485553,
        "relative_strength": -13.749204,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.226995,
        "energy": 53.553706,
        "activity_lines": [
          11.267353,
          11.250915,
          11.19777,
          11.147133
        ]
      },
      {
        "date": "2024-03-01",
        "close": 5.0,
        "volume": 1158422,
        "typical_volume": 153015.35,
        "trend": 10.871983,
        "fair_value": 10.432295,
        "relative_strength": -61.911763,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.734603,
        "energy": 75.373636,
        "activity_lines": [
          9.17682,
          10.118769,
          10.611823,
          10.755822
        ]
      },
      {
        "date": "2024-03-08",
        "close": 7.5,
        "volume": 427890,
        "typical_volume": 174409.75,
        "trend": 10.761983,
        "fair_value": 10.4041,
        "relative_strength": -41.267726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.093131,
        "energy": 68.360477,
        "activity_lines": [
          8.336667,
          9.55226,
          10.292735,
          10.538275
        ]
      },
      {
        "date": "2024-03-15",
        "close": 12.81,
        "volume": 86386,
        "typical_volume": 178332.8,
        "trend": 10.828983,
        "fair_value": 10.427013,
        "relative_strength": 1.82163,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.195874,
        "energy": 30.790609,
        "activity_lines": [
          9.522,
          10.018115,
          10.49622,
          10.670405
        ]
      },
      {
        "date": "2024-03-22",
        "close": 21.25,
        "volume": 3283876,
        "typical_volume": 338378.75,
        "trend": 11.177317,
        "fair_value": 10.529117,
        "relative_strength": 62.489232,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 73.671159,
        "energy": 36.80838,
        "activity_lines": [
          13.417333,
          11.988878,
          11.495087,
          11.342729
        ]
      },
      {
        "date": "2024-03-29",
        "close": 12.67,
        "volume": 285579,
        "typical_volume": 351467.15,
        "trend": 11.236983,
        "fair_value": 10.549125,
        "relative_strength": -2.331035,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 48.852411,
        "energy": 34.194829,
        "activity_lines": [
          13.785333,
          12.217096,
          11.628335,
          11.439031
        ]
      },
      {
        "date": "2024-04-05",
        "close": 11.41,
        "volume": 90752,
        "typical_volume": 355999.0,
        "trend": 11.25465,
        "fair_value": 10.557096,
        "relative_strength": -10.91285,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.248824,
        "energy": 34.428806,
        "activity_lines": [
          13.64,
          12.190042,
          11.633963,
          11.450193
        ]
      },
      {
        "date": "2024-04-12",
        "close": 10.86,
        "volume": 178163,
        "typical_volume": 359881.35,
        "trend": 11.251317,
        "fair_value": 10.559875,
        "relative_strength": -14.305422,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.364026,
        "energy": 27.126046,
        "activity_lines": [
          12.884,
          12.060182,
          11.585687,
          11.424732
        ]
      },
      {
        "date": "2024-04-19",
        "close": 7.73,
        "volume": 282405,
        "typical_volume": 373888.75,
        "trend": 11.14365,
        "fair_value": 10.534149,
        "relative_strength": -34.896377,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.426488,
        "energy": 8.835423,
        "activity_lines": [
          10.860667,
          11.369818,
          11.240459,
          11.19755
        ]
      },
      {
        "date": "2024-04-26",
        "close": 7.97,
        "volume": 116856,
        "typical_volume": 379630.65,
        "trend": 11.042983,
        "fair_value": 10.511049,
        "relative_strength": -34.796236,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -53.125736,
        "energy": 30.691634,
        "activity_lines": [
          9.256,
          10.787273,
          10.93423,
          10.992798
        ]
      },
      {
        "date": "2024-05-03",
        "close": 7.79,
        "volume": 192029,
        "typical_volume": 387498.35,
        "trend": 10.934633,
        "fair_value": 10.486754,
        "relative_strength": -36.282987,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -54.901004,
        "energy": 33.607984,
        "activity_lines": [
          8.476667,
          10.231455,
          10.625859,
          10.782929
        ]
      },
      {
        "date": "2024-05-10",
        "close": 11.45,
        "volume": 145665,
        "typical_volume": 394418.15,
        "trend": 10.948283,
        "fair_value": 10.495278,
        "relative_strength": -7.320466,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.467074,
        "energy": 26.398452,
        "activity_lines": [
          9.242667,
          10.404364,
          10.681773,
          10.816178
        ]
      },
      {
        "date": "2024-05-17",
        "close": 11.5,
        "volume": 76100,
        "typical_volume": 382477.85,
        "trend": 10.9636,
        "fair_value": 10.504091,
        "relative_strength": -8.539666,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -39.244933,
        "energy": 19.663651,
        "activity_lines": [
          10.022667,
          10.469091,
          10.74083,
          10.851773
        ]
      },
      {
        "date": "2024-05-24",
        "close": 9.845,
        "volume": 106252,
        "typical_volume": 383986.5,
        "trend": 10.923767,
        "fair_value": 10.49836,
        "relative_strength": -22.277823,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.445774,
        "energy": 12.424336,
        "activity_lines": [
          10.208333,
          10.160182,
          10.640744,
          10.779605
        ]
      },
      {
        "date": "2024-05-31",
        "close": 10.75,
        "volume": 557147,
        "typical_volume": 387658.15,
        "trend": 10.9131,
        "fair_value": 10.500529,
        "relative_strength": -13.396157,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -28.349132,
        "energy": 13.280418,
        "activity_lines": [
          10.554667,
          10.069727,
          10.633206,
          10.768394
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8.52,
        "volume": 150026,
        "typical_volume": 395094.4,
        "trend": 10.8281,
        "fair_value": 10.483602,
        "relative_strength": -32.59363,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -35.639011,
        "energy": 14.23769,
        "activity_lines": [
          9.972333,
          9.764727,
          10.415478,
          10.614001
        ]
      },
      {
        "date": "2024-06-14",
        "close": 9.66,
        "volume": 62229,
        "typical_volume": 397667.95,
        "trend": 10.780433,
        "fair_value": 10.476622,
        "relative_strength": -25.664149,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.15694,
        "energy": 19.108958,
        "activity_lines": [
          9.721333,
          9.742455,
          10.319225,
          10.538639
        ]
      },
      {
        "date": "2024-06-21",
        "close": 9.5,
        "volume": 20693,
        "typical_volume": 397875.7,
        "trend": 10.7271,
        "fair_value": 10.468415,
        "relative_strength": -26.538345,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.219109,
        "energy": 30.744493,
        "activity_lines": [
          9.536333,
          9.722909,
          10.215333,
          10.456031
        ]
      },
      {
        "date": "2024-06-28",
        "close": 9.94,
        "volume": 80951,
        "typical_volume": 389130.85,
        "trend": 10.687767,
        "fair_value": 10.464012,
        "relative_strength": -22.631055,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.920412,
        "energy": 32.661575,
        "activity_lines": [
          9.631333,
          9.808091,
          10.162071,
          10.40525
        ]
      },
      {
        "date": "2024-07-05",
        "close": 9.66,
        "volume": 13448,
        "typical_volume": 365773.6,
        "trend": 10.6391,
        "fair_value": 10.457367,
        "relative_strength": -26.872567,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.876538,
        "energy": 26.905314,
        "activity_lines": [
          9.626667,
          9.802182,
          10.088429,
          10.338943
        ]
      },
      {
        "date": "2024-07-12",
        "close": 9.9,
        "volume": 55752,
        "typical_volume": 368531.05,
        "trend": 10.599433,
        "fair_value": 10.452798,
        "relative_strength": -24.3918,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -43.438473,
        "energy": 21.131648,
        "activity_lines": [
          9.774667,
          9.809182,
          10.045167,
          10.291259
        ]
      },
      {
        "date": "2024-07-19",
        "close": 9.455,
        "volume": 15304,
        "typical_volume": 311375.15,
        "trend": 10.544267,
        "fair_value": 10.444686,
        "relative_strength": -24.324684,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.593315,
        "energy": 19.848126,
        "activity_lines": [
          9.682333,
          9.696909,
          9.966048,
          10.217424
        ]
      },
      {
        "date": "2024-07-26",
        "close": 8.64,
        "volume": 18537,
        "typical_volume": 290907.5,
        "trend": 10.4596,
        "fair_value": 10.430132,
        "relative_strength": -28.514896,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.108992,
        "energy": 30.96403,
        "activity_lines": [
          9.332,
          9.472727,
          9.788095,
          10.094568
        ]
      },
      {
        "date": "2024-08-02",
        "close": 7.0,
        "volume": 11160,
        "typical_volume": 287146.2,
        "trend": 10.320267,
        "fair_value": 10.402691,
        "relative_strength": -39.642547,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -70.142692,
        "energy": 57.200225,
        "activity_lines": [
          8.492333,
          9.002364,
          9.448524,
          9.871368
        ]
      },
      {
        "date": "2024-08-09",
        "close": 6.5,
        "volume": 18950,
        "typical_volume": 123899.9,
        "trend": 10.163267,
        "fair_value": 10.371717,
        "relative_strength": -43.518967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.586478,
        "energy": 74.991217,
        "activity_lines": [
          7.682,
          8.492818,
          9.089,
          9.6249
        ]
      },
      {
        "date": "2024-08-16",
        "close": 5.955,
        "volume": 21618,
        "typical_volume": 110701.85,
        "trend": 9.987433,
        "fair_value": 10.33694,
        "relative_strength": -50.26923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.517183,
        "energy": 82.323692,
        "activity_lines": [
          6.900667,
          7.961455,
          8.74781,
          9.353398
        ]
      },
      {
        "date": "2024-08-23",
        "close": 6.21,
        "volume": 6572,
        "typical_volume": 106492.85,
        "trend": 9.819243,
        "fair_value": 10.304698,
        "relative_strength": -48.004884,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.124161,
        "energy": 84.059771,
        "activity_lines": [
          6.467333,
          7.523091,
          8.462881,
          9.109693
        ]
      },
      {
        "date": "2024-08-30",
        "close": 6.64,
        "volume": 17234,
        "typical_volume": 98446.4,
        "trend": 9.662833,
        "fair_value": 10.27629,
        "relative_strength": -43.308813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.374561,
        "energy": 81.695203,
        "activity_lines": [
          6.393667,
          7.225636,
          8.243667,
          8.904581
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7.3,
        "volume": 11855,
        "typical_volume": 84918.9,
        "trend": 9.530833,
        "fair_value": 10.253395,
        "relative_strength": -33.156286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.311752,
        "energy": 76.794144,
        "activity_lines": [
          6.673333,
          7.100182,
          8.107405,
          8.75214
        ]
      },
      {
        "date": "2024-09-13",
        "close": 9.5,
        "volume": 102422,
        "typical_volume": 84197.2,
        "trend": 9.472833,
        "fair_value": 10.247644,
        "relative_strength": -17.249512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.376358,
        "energy": 24.538625,
        "activity_lines": [
          7.666333,
          7.422727,
          8.182714,
          8.750151
        ]
      },
      {
        "date": "2024-09-20",
        "close": 8.405,
        "volume": 30434,
        "typical_volume": 76117.45,
        "trend": 9.377333,
        "fair_value": 10.233685,
        "relative_strength": -27.089034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.873279,
        "energy": 23.132153,
        "activity_lines": [
          8.094333,
          7.549091,
          8.146452,
          8.681258
        ]
      },
      {
        "date": "2024-09-27",
        "close": 8.81,
        "volume": 32181,
        "typical_volume": 70443.25,
        "trend": 9.504333,
        "fair_value": 10.22298,
        "relative_strength": -23.573146,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.110418,
        "energy": 22.567984,
        "activity_lines": [
          8.494,
          7.776273,
          8.145833,
          8.644656
        ]
      },
      {
        "date": "2024-10-04",
        "close": 8.52,
        "volume": 17264,
        "typical_volume": 67501.45,
        "trend": 9.538333,
        "fair_value": 10.210272,
        "relative_strength": -25.387913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.473854,
        "energy": 22.029293,
        "activity_lines": [
          8.623667,
          7.962455,
          8.130167,
          8.581151
        ]
      },
      {
        "date": "2024-10-11",
        "close": 8.41,
        "volume": 3815,
        "typical_volume": 62379.6,
        "trend": 9.391667,
        "fair_value": 10.196936,
        "relative_strength": -26.444845,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.855441,
        "energy": 12.86885,
        "activity_lines": [
          8.591333,
          8.130818,
          8.118214,
          8.508355
        ]
      },
      {
        "date": "2024-10-18",
        "close": 8.61,
        "volume": 7111,
        "typical_volume": 34877.8,
        "trend": 8.970333,
        "fair_value": 10.185268,
        "relative_strength": -23.985635,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.279195,
        "energy": 10.304875,
        "activity_lines": [
          8.551667,
          8.309909,
          8.132143,
          8.457925
        ]
      },
      {
        "date": "2024-10-25",
        "close": 7.79,
        "volume": 9791,
        "typical_volume": 27866.05,
        "trend": 8.807667,
        "fair_value": 10.167784,
        "relative_strength": -30.38092,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.339343,
        "energy": 12.006802,
        "activity_lines": [
          8.298,
          8.301545,
          8.078167,
          8.381774
        ]
      },
      {
        "date": "2024-11-01",
        "close": 9.072,
        "volume": 32838,
        "typical_volume": 26396.5,
        "trend": 8.729733,
        "fair_value": 10.159843,
        "relative_strength": -16.782525,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.018387,
        "energy": 4.596883,
        "activity_lines": [
          8.512667,
          8.492909,
          8.149762,
          8.398828
        ]
      },
      {
        "date": "2024-11-08",
        "close": 8.9801,
        "volume": 34971,
        "typical_volume": 27110.4,
        "trend": 8.66707,
        "fair_value": 10.151356,
        "relative_strength": -21.091463,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.547975,
        "energy": 8.965773,
        "activity_lines": [
          8.679233,
          8.615527,
          8.215405,
          8.414981
        ]
      },
      {
        "date": "2024-11-15",
        "close": 8.8742,
        "volume": 11913,
        "typical_volume": 23658.5,
        "trend": 8.70521,
        "fair_value": 10.142234,
        "relative_strength": -18.480092,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.462789,
        "energy": 9.86176,
        "activity_lines": [
          8.779827,
          8.676344,
          8.273438,
          8.428344
        ]
      },
      {
        "date": "2024-11-22",
        "close": 9.53,
        "volume": 15495,
        "typical_volume": 23760.85,
        "trend": 8.75721,
        "fair_value": 10.137891,
        "relative_strength": -13.302462,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.676395,
        "energy": 24.310851,
        "activity_lines": [
          9.068073,
          8.827775,
          8.399003,
          8.481556
        ]
      },
      {
        "date": "2024-11-29",
        "close": 11.185,
        "volume": 31868,
        "typical_volume": 22566.65,
        "trend": 8.870377,
        "fair_value": 10.145265,
        "relative_strength": 1.573599,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.639514,
        "energy": 45.529761,
        "activity_lines": [
          9.846653,
          9.279569,
          8.682806,
          8.638188
        ]
      },
      {
        "date": "2024-12-06",
        "close": 10.7,
        "volume": 14944,
        "typical_volume": 22548.65,
        "trend": 8.845377,
        "fair_value": 10.149145,
        "relative_strength": -5.226427,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.700789,
        "energy": 46.670156,
        "activity_lines": [
          10.237233,
          9.592636,
          8.9143,
          8.756228
        ]
      },
      {
        "date": "2024-12-13",
        "close": 10.13,
        "volume": 26227,
        "typical_volume": 22933.15,
        "trend": 8.79971,
        "fair_value": 10.149012,
        "relative_strength": -10.27995,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 58.180951,
        "energy": 57.180013,
        "activity_lines": [
          10.32928,
          9.767704,
          9.08558,
          8.839107
        ]
      },
      {
        "date": "2024-12-20",
        "close": 9.69,
        "volume": 27361,
        "typical_volume": 23743.2,
        "trend": 8.794543,
        "fair_value": 10.145846,
        "relative_strength": -11.520909,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.283702,
        "energy": 52.987964,
        "activity_lines": [
          10.198,
          9.833498,
          9.207859,
          8.896545
        ]
      },
      {
        "date": "2024-12-27",
        "close": 10.2,
        "volume": 34396,
        "typical_volume": 24515.5,
        "trend": 8.77621,
        "fair_value": 10.146217,
        "relative_strength": -7.035117,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.93917,
        "energy": 35.945947,
        "activity_lines": [
          10.182333,
          9.968747,
          9.3659,
          8.98722
        ]
      },
      {
        "date": "2025-01-03",
        "close": 10.81,
        "volume": 39530,
        "typical_volume": 25411.1,
        "trend": 8.852543,
        "fair_value": 10.150733,
        "relative_strength": -0.032533,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.079893,
        "energy": 33.467586,
        "activity_lines": [
          10.325333,
          10.185996,
          9.564418,
          9.118432
        ]
      },
      {
        "date": "2025-01-10",
        "close": 10.99,
        "volume": 19539,
        "typical_volume": 26059.45,
        "trend": 8.896877,
        "fair_value": 10.156403,
        "relative_strength": 4.479503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.16812,
        "energy": 34.802476,
        "activity_lines": [
          10.553333,
          10.381064,
          9.75696,
          9.256332
        ]
      },
      {
        "date": "2025-01-17",
        "close": 11.045,
        "volume": 27061,
        "typical_volume": 26550.8,
        "trend": 8.948377,
        "fair_value": 10.162367,
        "relative_strength": 2.611874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.699155,
        "energy": 36.302798,
        "activity_lines": [
          10.780333,
          10.551258,
          9.931977,
          9.394921
        ]
      },
      {
        "date": "2025-01-24",
        "close": 11.18,
        "volume": 37234,
        "typical_volume": 27819.75,
        "trend": 8.98971,
        "fair_value": 10.169151,
        "relative_strength": 2.856313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.019453,
        "energy": 42.566591,
        "activity_lines": [
          10.991333,
          10.708455,
          10.098876,
          9.538897
        ]
      },
      {
        "date": "2025-01-31",
        "close": 10.68,
        "volume": 21607,
        "typical_volume": 23779.0,
        "trend": 9.02371,
        "fair_value": 10.172534,
        "relative_strength": 0.212127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.606799,
        "energy": 39.090719,
        "activity_lines": [
          10.936333,
          10.732818,
          10.199679,
          9.647948
        ]
      },
      {
        "date": "2025-02-07",
        "close": 10.62,
        "volume": 22100,
        "typical_volume": 23362.3,
        "trend": 9.04771,
        "fair_value": 10.175478,
        "relative_strength": 0.057852,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.268386,
        "energy": 31.339349,
        "activity_lines": [
          10.829333,
          10.725364,
          10.289149,
          9.750934
        ]
      },
      {
        "date": "2025-02-14",
        "close": 11.01,
        "volume": 14885,
        "typical_volume": 22497.5,
        "trend": 9.099543,
        "fair_value": 10.180933,
        "relative_strength": 1.35363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.405782,
        "energy": 30.027147,
        "activity_lines": [
          10.865,
          10.799091,
          10.405214,
          9.877533
        ]
      },
      {
        "date": "2025-02-21",
        "close": 11.5257,
        "volume": 18534,
        "typical_volume": 22561.0,
        "trend": 9.195733,
        "fair_value": 10.189665,
        "relative_strength": 8.955319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.696434,
        "energy": 31.437374,
        "activity_lines": [
          11.071233,
          10.960945,
          10.559918,
          10.03406
        ]
      },
      {
        "date": "2025-02-28",
        "close": 11.5,
        "volume": 8521,
        "typical_volume": 22796.3,
        "trend": 9.345733,
        "fair_value": 10.198119,
        "relative_strength": 11.336033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.55934,
        "energy": 33.522124,
        "activity_lines": [
          11.236853,
          11.092751,
          10.69786,
          10.182722
        ]
      },
      {
        "date": "2025-03-07",
        "close": 10.8,
        "volume": 16095,
        "typical_volume": 23245.5,
        "trend": 9.489067,
        "fair_value": 10.201977,
        "relative_strength": 7.555608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.179767,
        "energy": 30.378885,
        "activity_lines": [
          11.147807,
          11.064375,
          10.754422,
          10.276546
        ]
      },
      {
        "date": "2025-03-14",
        "close": 10.77,
        "volume": 30826,
        "typical_volume": 24297.25,
        "trend": 9.649567,
        "fair_value": 10.207665,
        "relative_strength": 10.724602,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.206181,
        "energy": 27.157522,
        "activity_lines": [
          11.04076,
          11.019635,
          10.797699,
          10.359186
        ]
      },
      {
        "date": "2025-03-21",
        "close": 11.16,
        "volume": 26418,
        "typical_volume": 23976.25,
        "trend": 9.814567,
        "fair_value": 10.215934,
        "relative_strength": 17.188135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.635364,
        "energy": 23.698123,
        "activity_lines": [
          11.053713,
          11.046531,
          10.863927,
          10.456634
        ]
      },
      {
        "date": "2025-03-28",
        "close": 10.47,
        "volume": 15225,
        "typical_volume": 22988.95,
        "trend": 9.942233,
        "fair_value": 10.219139,
        "relative_strength": 13.269255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.36636,
        "energy": 13.819183,
        "activity_lines": [
          10.826667,
          10.944882,
          10.854499,
          10.49892
        ]
      },
      {
        "date": "2025-04-04",
        "close": 8.73,
        "volume": 4689,
        "typical_volume": 22627.75,
        "trend": 9.9899,
        "fair_value": 10.211447,
        "relative_strength": 5.339818,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -6.406819,
        "energy": 12.757707,
        "activity_lines": [
          10.09,
          10.537324,
          10.672261,
          10.420711
        ]
      },
      {
        "date": "2025-04-11",
        "close": 9.08,
        "volume": 17724,
        "typical_volume": 22739.2,
        "trend": 9.9759,
        "fair_value": 10.205613,
        "relative_strength": 2.409387,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.361777,
        "energy": 26.226674,
        "activity_lines": [
          9.654667,
          10.237947,
          10.524043,
          10.362008
        ]
      },
      {
        "date": "2025-04-18",
        "close": 9.1,
        "volume": 3143,
        "typical_volume": 21302.95,
        "trend": 9.999067,
        "fair_value": 10.200037,
        "relative_strength": 4.836063,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.362813,
        "energy": 41.049215,
        "activity_lines": [
          9.340667,
          9.971298,
          10.379873,
          10.305498
        ]
      },
      {
        "date": "2025-04-25",
        "close": 10.1,
        "volume": 28045,
        "typical_volume": 21958.0,
        "trend": 10.042067,
        "fair_value": 10.20087,
        "relative_strength": 9.051853,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.956366,
        "energy": 34.378859,
        "activity_lines": [
          9.471333,
          9.914104,
          10.34087,
          10.31201
        ]
      },
      {
        "date": "2025-05-02",
        "close": 9.96,
        "volume": 6166,
        "typical_volume": 20954.95,
        "trend": 10.090067,
        "fair_value": 10.200421,
        "relative_strength": 3.718893,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.007905,
        "energy": 22.200246,
        "activity_lines": [
          9.626,
          9.848,
          10.29139,
          10.306715
        ]
      },
      {
        "date": "2025-05-09",
        "close": 10.74,
        "volume": 25447,
        "typical_volume": 20859.25,
        "trend": 10.167733,
        "fair_value": 10.204972,
        "relative_strength": 12.484455,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.599669,
        "energy": 2.734525,
        "activity_lines": [
          10.074667,
          9.952182,
          10.317006,
          10.348647
        ]
      },
      {
        "date": "2025-05-16",
        "close": 10.46,
        "volume": 13340,
        "typical_volume": 19806.45,
        "trend": 10.2294,
        "fair_value": 10.208434,
        "relative_strength": 3.06883,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.60277,
        "energy": 7.158787,
        "activity_lines": [
          10.296,
          10.019273,
          10.310955,
          10.367503
        ]
      },
      {
        "date": "2025-05-23",
        "close": 10.09,
        "volume": 18962,
        "typical_volume": 18778.05,
        "trend": 10.306067,
        "fair_value": 10.209396,
        "relative_strength": 2.001492,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.702373,
        "energy": 6.637968,
        "activity_lines": [
          10.302,
          10.025273,
          10.268428,
          10.358509
        ]
      },
      {
        "date": "2025-05-30",
        "close": 9.42,
        "volume": 6146,
        "typical_volume": 18108.4,
        "trend": 10.317667,
        "fair_value": 10.205998,
        "relative_strength": -6.0381,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.005911,
        "energy": 15.817886,
        "activity_lines": [
          10.018667,
          9.921818,
          10.16552,
          10.301343
        ]
      },
      {
        "date": "2025-06-06",
        "close": 9.32,
        "volume": 27776,
        "typical_volume": 18144.15,
        "trend": 10.328997,
        "fair_value": 10.202088,
        "relative_strength": -8.847789,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.520821,
        "energy": 24.860941,
        "activity_lines": [
          9.747333,
          9.831818,
          10.060564,
          10.236978
        ]
      },
      {
        "date": "2025-06-13",
        "close": 10.77,
        "volume": 21807,
        "typical_volume": 17372.8,
        "trend": 10.39219,
        "fair_value": 10.20728,
        "relative_strength": 5.908774,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.596295,
        "energy": 14.813998,
        "activity_lines": [
          10.002,
          10.026364,
          10.101918,
          10.26543
        ]
      },
      {
        "date": "2025-06-20",
        "close": 10.09,
        "volume": 19207,
        "typical_volume": 17252.8,
        "trend": 10.410857,
        "fair_value": 10.208178,
        "relative_strength": -0.679199,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.643875,
        "energy": 17.386977,
        "activity_lines": [
          10.028,
          10.060182,
          10.080462,
          10.245934
        ]
      },
      {
        "date": "2025-06-27",
        "close": 10.08,
        "volume": 186863,
        "typical_volume": 25490.95,
        "trend": 10.374023,
        "fair_value": 10.208434,
        "relative_strength": -4.497194,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.017879,
        "energy": 8.002756,
        "activity_lines": [
          10.075333,
          10.073818,
          10.060864,
          10.224588
        ]
      },
      {
        "date": "2025-07-04",
        "close": 10.71,
        "volume": 57152,
        "typical_volume": 27604.3,
        "trend": 10.374357,
        "fair_value": 10.213049,
        "relative_strength": 0.020849,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.437372,
        "energy": 9.038324,
        "activity_lines": [
          10.333333,
          10.184182,
          10.103837,
          10.246264
        ]
      },
      {
        "date": "2025-07-11",
        "close": 9.0875,
        "volume": 320790,
        "typical_volume": 42717.1,
        "trend": 10.339607,
        "fair_value": 10.207264,
        "relative_strength": -14.504538,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.09374,
        "energy": 19.405588,
        "activity_lines": [
          9.9645,
          9.988455,
          9.993714,
          10.163241
        ]
      },
      {
        "date": "2025-07-18",
        "close": 7.49,
        "volume": 107430,
        "typical_volume": 47662.55,
        "trend": 10.266273,
        "fair_value": 10.190982,
        "relative_strength": -29.952392,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.2777,
        "energy": 45.945511,
        "activity_lines": [
          9.078667,
          9.518136,
          9.74306,
          9.979395
        ]
      },
      {
        "date": "2025-07-25",
        "close": 7.9185,
        "volume": 40927,
        "typical_volume": 48904.15,
        "trend": 10.190223,
        "fair_value": 10.177575,
        "relative_strength": -26.256955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.238616,
        "energy": 55.267515,
        "activity_lines": [
          8.554333,
          9.184818,
          9.55231,
          9.827926
        ]
      },
      {
        "date": "2025-08-01",
        "close": 7.42,
        "volume": 22176,
        "typical_volume": 48471.65,
        "trend": 10.077223,
        "fair_value": 10.160972,
        "relative_strength": -29.176669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.182161,
        "energy": 63.449683,
        "activity_lines": [
          8.0086,
          8.807073,
          9.327805,
          9.649202
        ]
      },
      {
        "date": "2025-08-08",
        "close": 6.4,
        "volume": 95346,
        "typical_volume": 51918.05,
        "trend": 9.924223,
        "fair_value": 10.137575,
        "relative_strength": -40.907551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.484447,
        "energy": 71.273961,
        "activity_lines": [
          7.3002,
          8.292418,
          9.02211,
          9.411962
        ]
      },
      {
        "date": "2025-08-15",
        "close": 6.21,
        "volume": 21952,
        "typical_volume": 52254.4,
        "trend": 9.763057,
        "fair_value": 10.113088,
        "relative_strength": -42.831061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.143415,
        "energy": 69.917876,
        "activity_lines": [
          6.8158,
          7.798127,
          8.720986,
          9.172334
        ]
      },
      {
        "date": "2025-08-22",
        "close": 5.75,
        "volume": 16577,
        "typical_volume": 52848.8,
        "trend": 9.582057,
        "fair_value": 10.085588,
        "relative_strength": -46.406857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.924273,
        "energy": 72.363825,
        "activity_lines": [
          6.3699,
          7.276745,
          8.396338,
          8.913428
        ]
      },
      {
        "date": "2025-08-29",
        "close": 5.435,
        "volume": 3855,
        "typical_volume": 52155.35,
        "trend": 9.407223,
        "fair_value": 10.055684,
        "relative_strength": -48.968434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.846036,
        "energy": 74.446398,
        "activity_lines": [
          5.935,
          6.789364,
          8.055881,
          8.645875
        ]
      },
      {
        "date": "2025-09-05",
        "close": 5.45,
        "volume": 8443,
        "typical_volume": 52420.35,
        "trend": 9.23489,
        "fair_value": 10.026197,
        "relative_strength": -48.967736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.750305,
        "energy": 72.183207,
        "activity_lines": [
          5.670667,
          6.389345,
          7.73421,
          8.390571
        ]
      },
      {
        "date": "2025-09-12",
        "close": 3.2496,
        "volume": 129388,
        "typical_volume": 57487.5,
        "trend": 8.97621,
        "fair_value": 9.982476,
        "relative_strength": -69.663328,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.312971,
        "energy": 81.719143,
        "activity_lines": [
          4.8042,
          5.673436,
          7.220357,
          8.004423
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2.8328,
        "volume": 179940,
        "typical_volume": 66176.2,
        "trend": 8.686447,
        "fair_value": 9.936084,
        "relative_strength": -73.760766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.062426,
        "energy": 85.755204,
        "activity_lines": [
          4.008827,
          5.017389,
          6.69943,
          7.608074
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2.5411,
        "volume": 106712,
        "typical_volume": 70239.45,
        "trend": 8.387817,
        "fair_value": 9.887629,
        "relative_strength": -75.999863,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.859835,
        "energy": 89.981922,
        "activity_lines": [
          3.341367,
          4.422027,
          6.184662,
          7.2116
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2.6471,
        "volume": 19380,
        "typical_volume": 70541.45,
        "trend": 8.116053,
        "fair_value": 9.839983,
        "relative_strength": -74.939817,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.337752,
        "energy": 88.614888,
        "activity_lines": [
          2.923167,
          3.935918,
          5.719031,
          6.841231
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2.37,
        "volume": 52381,
        "typical_volume": 72212.4,
        "trend": 7.836053,
        "fair_value": 9.790175,
        "relative_strength": -76.706943,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.469267,
        "energy": 89.231752,
        "activity_lines": [
          2.59846,
          3.495271,
          5.264214,
          6.470518
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2.525,
        "volume": 36964,
        "typical_volume": 73753.3,
        "trend": 7.54822,
        "fair_value": 9.741297,
        "relative_strength": -75.411469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.28628,
        "energy": 87.313879,
        "activity_lines": [
          2.530753,
          3.174624,
          4.86092,
          6.127869
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2.82,
        "volume": 128777,
        "typical_volume": 78803.35,
        "trend": 7.29322,
        "fair_value": 9.694438,
        "relative_strength": -72.77874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.353574,
        "energy": 83.309127,
        "activity_lines": [
          2.609687,
          2.978067,
          4.518556,
          5.822823
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2.7,
        "volume": 19229,
        "typical_volume": 78674.45,
        "trend": 7.09222,
        "fair_value": 9.646681,
        "relative_strength": -74.00362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.663145,
        "energy": 79.480699,
        "activity_lines": [
          2.649473,
          2.821329,
          4.195715,
          5.526486
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2.3573,
        "volume": 27170,
        "typical_volume": 79072.6,
        "trend": 6.86813,
        "fair_value": 9.596344,
        "relative_strength": -76.204165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.902965,
        "energy": 80.2249,
        "activity_lines": [
          2.564433,
          2.657736,
          3.878664,
          5.221008
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2.415,
        "volume": 26481,
        "typical_volume": 71053.5,
        "trend": 6.645297,
        "fair_value": 9.546504,
        "relative_strength": -75.175102,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.868455,
        "energy": 73.80369,
        "activity_lines": [
          2.517947,
          2.560593,
          3.603931,
          4.933709
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1.88,
        "volume": 55441,
        "typical_volume": 70967.95,
        "trend": 6.371297,
        "fair_value": 9.493171,
        "relative_strength": -79.673751,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.721077,
        "energy": 80.186053,
        "activity_lines": [
          2.290127,
          2.421358,
          3.314746,
          4.62627
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1.75,
        "volume": 18426,
        "typical_volume": 55849.75,
        "trend": 6.09763,
        "fair_value": 9.43894,
        "relative_strength": -81.535145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.787527,
        "energy": 82.104591,
        "activity_lines": [
          2.061973,
          2.283389,
          3.055228,
          4.328122
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1.66,
        "volume": 95762,
        "typical_volume": 55266.35,
        "trend": 5.794963,
        "fair_value": 9.384132,
        "relative_strength": -82.263007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.692879,
        "energy": 73.018825,
        "activity_lines": [
          1.875153,
          2.148744,
          2.822078,
          4.041823
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1.045,
        "volume": 1207080,
        "typical_volume": 113574.0,
        "trend": 5.48113,
        "fair_value": 9.325382,
        "relative_strength": -88.356661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.013406,
        "energy": 91.427026,
        "activity_lines": [
          1.552667,
          1.9183,
          2.558119,
          3.735374
        ]
      },
      {
        "date": "2025-12-19",
        "close": 0.8478,
        "volume": 395980,
        "typical_volume": 132264.2,
        "trend": 5.173057,
        "fair_value": 9.265047,
        "relative_strength": -90.38632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.006013,
        "energy": 93.463974,
        "activity_lines": [
          1.251933,
          1.681131,
          2.30811,
          3.43645
        ]
      },
      {
        "date": "2025-12-26",
        "close": 0.6402,
        "volume": 99313,
        "typical_volume": 132462.55,
        "trend": 4.880397,
        "fair_value": 9.203382,
        "relative_strength": -92.645454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.692508,
        "energy": 93.379716,
        "activity_lines": [
          0.98648,
          1.433893,
          2.069626,
          3.144007
        ]
      },
      {
        "date": "2026-01-02",
        "close": 0.582,
        "volume": 304045,
        "typical_volume": 146567.2,
        "trend": 4.58913,
        "fair_value": 9.141344,
        "relative_strength": -93.003738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.259994,
        "energy": 90.878869,
        "activity_lines": [
          0.78428,
          1.210342,
          1.853026,
          2.866691
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1.54,
        "volume": 39225199,
        "typical_volume": 2106998.3,
        "trend": 4.281463,
        "fair_value": 9.085446,
        "relative_strength": -81.377311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.490019,
        "energy": 66.634554,
        "activity_lines": [
          0.97928,
          1.201664,
          1.754465,
          2.669973
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1.6,
        "volume": 3733619,
        "typical_volume": 2293486.5,
        "trend": 3.998463,
        "fair_value": 9.029485,
        "relative_strength": -79.937143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.416213,
        "energy": 58.264523,
        "activity_lines": [
          1.20228,
          1.224985,
          1.681665,
          2.496976
        ]
      },
      {
        "date": "2026-01-23",
        "close": 0.9131,
        "volume": 363613,
        "typical_volume": 2311245.0,
        "trend": 3.6929,
        "fair_value": 8.969184,
        "relative_strength": -88.22897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.67385,
        "energy": 50.321906,
        "activity_lines": [
          1.159313,
          1.137185,
          1.561709,
          2.29792
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1.16,
        "volume": 97299178,
        "typical_volume": 7169734.5,
        "trend": 3.374567,
        "fair_value": 8.910274,
        "relative_strength": -84.580886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.195631,
        "energy": 33.717556,
        "activity_lines": [
          1.194293,
          1.121584,
          1.48687,
          2.134507
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1.03,
        "volume": 22620504,
        "typical_volume": 8291762.7,
        "trend": 3.105983,
        "fair_value": 8.850466,
        "relative_strength": -85.606096,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.58457,
        "energy": 33.67125,
        "activity_lines": [
          1.151287,
          1.095436,
          1.409602,
          1.983245
        ]
      },
      {
        "date": "2026-02-13",
        "close": 0.682,
        "volume": 2106389,
        "typical_volume": 8391746.55,
        "trend": 2.87905,
        "fair_value": 8.788171,
        "relative_strength": -90.029506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.760244,
        "energy": 43.688953,
        "activity_lines": [
          0.962413,
          1.019107,
          1.307775,
          1.826859
        ]
      },
      {
        "date": "2026-02-20",
        "close": 0.66,
        "volume": 940364,
        "typical_volume": 8437795.75,
        "trend": 2.6371,
        "fair_value": 8.725799,
        "relative_strength": -90.109963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.498629,
        "energy": 44.206619,
        "activity_lines": [
          0.823407,
          0.95656,
          1.212706,
          1.683694
        ]
      },
      {
        "date": "2026-02-27",
        "close": 0.7906,
        "volume": 1708962,
        "typical_volume": 8520624.8,
        "trend": 2.41612,
        "fair_value": 8.664201,
        "relative_strength": -87.659041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.97836,
        "energy": 41.662735,
        "activity_lines": [
          0.7906,
          0.924758,
          1.139538,
          1.564565
        ]
      },
      {
        "date": "2026-03-06",
        "close": 0.565,
        "volume": 715189,
        "typical_volume": 8554536.05,
        "trend": 2.22162,
        "fair_value": 8.600872,
        "relative_strength": -90.711941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.986447,
        "energy": 43.568742,
        "activity_lines": [
          0.69076,
          0.852978,
          1.052404,
          1.445138
        ]
      },
      {
        "date": "2026-03-13",
        "close": 0.6772,
        "volume": 89264871,
        "typical_volume": 13011340.75,
        "trend": 2.037193,
        "fair_value": 8.538354,
        "relative_strength": -88.278242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.746003,
        "energy": 41.237443,
        "activity_lines": [
          0.667987,
          0.802965,
          0.98529,
          1.345498
        ]
      },
      {
        "date": "2026-03-20",
        "close": 0.5304,
        "volume": 1049106,
        "typical_volume": 13062834.6,
        "trend": 1.863207,
        "fair_value": 8.474896,
        "relative_strength": -90.201249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.363473,
        "energy": 40.876495,
        "activity_lines": [
          0.6198,
          0.724531,
          0.914399,
          1.248286
        ]
      },
      {
        "date": "2026-03-27",
        "close": 0.464,
        "volume": 1075541,
        "typical_volume": 13115253.15,
        "trend": 1.697507,
        "fair_value": 8.410947,
        "relative_strength": -90.728363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.754135,
        "energy": 41.189489,
        "activity_lines": [
          0.559587,
          0.65238,
          0.847515,
          1.158014
        ]
      },
      {
        "date": "2026-04-03",
        "close": 0.492,
        "volume": 2978187,
        "typical_volume": 13262838.45,
        "trend": 1.53224,
        "fair_value": 8.346985,
        "relative_strength": -90.120013,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.385866,
        "energy": 38.174453,
        "activity_lines": [
          0.521773,
          0.605975,
          0.792313,
          1.08024
        ]
      },
      {
        "date": "2026-04-10",
        "close": 0.481,
        "volume": 1515518,
        "typical_volume": 13335842.3,
        "trend": 1.439953,
        "fair_value": 8.282761,
        "relative_strength": -90.331975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.689904,
        "energy": 40.856467,
        "activity_lines": [
          0.5002,
          0.565225,
          0.745221,
          1.012418
        ]
      },
      {
        "date": "2026-04-17",
        "close": 0.4366,
        "volume": 2095773,
        "typical_volume": 13439709.65,
        "trend": 1.36008,
        "fair_value": 8.218508,
        "relative_strength": -91.327395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.92847,
        "energy": 44.308278,
        "activity_lines": [
          0.469427,
          0.528749,
          0.700563,
          0.947685
        ]
      },
      {
        "date": "2026-04-24",
        "close": 0.3428,
        "volume": 1865217,
        "typical_volume": 13528182.4,
        "trend": 1.286803,
        "fair_value": 8.153398,
        "relative_strength": -92.972388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.233231,
        "energy": 49.336391,
        "activity_lines": [
          0.423427,
          0.486007,
          0.653225,
          0.882054
        ]
      },
      {
        "date": "2026-05-01",
        "close": 0.268,
        "volume": 802700,
        "typical_volume": 13507963.4,
        "trend": 1.2075,
        "fair_value": 8.087808,
        "relative_strength": -94.289837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.007007,
        "energy": 73.30792,
        "activity_lines": [
          0.365,
          0.435833,
          0.605036,
          0.816325
        ]
      },
      {
        "date": "2026-05-08",
        "close": 0.236,
        "volume": 1974545,
        "typical_volume": 13586891.65,
        "trend": 1.136367,
        "fair_value": 8.022013,
        "relative_strength": -94.929012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.137631,
        "energy": 82.206627,
        "activity_lines": [
          0.308973,
          0.386967,
          0.5575,
          0.753648
        ]
      },
      {
        "date": "2026-05-15",
        "close": 0.5664,
        "volume": 344390227,
        "typical_volume": 30801437.35,
        "trend": 1.07108,
        "fair_value": 7.958337,
        "relative_strength": -87.05464,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.617582,
        "energy": 66.346081,
        "activity_lines": [
          0.380147,
          0.408258,
          0.544343,
          0.716875
        ]
      },
      {
        "date": "2026-05-22",
        "close": 0.3489,
        "volume": 13887493,
        "typical_volume": 31480609.75,
        "trend": 0.98871,
        "fair_value": 7.892945,
        "relative_strength": -91.614478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.199979,
        "energy": 55.653367,
        "activity_lines": [
          0.373127,
          0.389978,
          0.510823,
          0.670283
        ]
      },
      {
        "date": "2026-05-29",
        "close": 0.352,
        "volume": 2817825,
        "typical_volume": 29660241.05,
        "trend": 0.910443,
        "fair_value": 7.827317,
        "relative_strength": -91.264098,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.008443,
        "energy": 42.476414,
        "activity_lines": [
          0.372987,
          0.378231,
          0.478709,
          0.629205
        ]
      },
      {
        "date": "2026-06-05",
        "close": 0.3551,
        "volume": 7731874,
        "typical_volume": 29860153.8,
        "trend": 0.843703,
        "fair_value": 7.760042,
        "relative_strength": -90.178037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.541048,
        "energy": 32.866963,
        "activity_lines": [
          0.373267,
          0.370291,
          0.452547,
          0.593377
        ]
      },
      {
        "date": "2026-06-12",
        "close": 0.3375,
        "volume": 2993721,
        "typical_volume": 29991659.2,
        "trend": 0.774453,
        "fair_value": 7.692654,
        "relative_strength": -90.133815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.168134,
        "energy": 40.812518,
        "activity_lines": [
          0.361873,
          0.361131,
          0.430637,
          0.560718
        ]
      },
      {
        "date": "2026-06-19",
        "close": 0.285,
        "volume": 1121354,
        "typical_volume": 25182768.0,
        "trend": 0.721287,
        "fair_value": 7.626212,
        "relative_strength": -91.214275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.392978,
        "energy": 46.576564,
        "activity_lines": [
          0.326213,
          0.345235,
          0.406468,
          0.529141
        ]
      },
      {
        "date": "2026-06-26",
        "close": 0.233,
        "volume": 13491677,
        "typical_volume": 24726326.65,
        "trend": 0.67072,
        "fair_value": 7.559436,
        "relative_strength": -91.829244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.990589,
        "energy": 54.063555,
        "activity_lines": [
          0.29198,
          0.323447,
          0.381513,
          0.497638
        ]
      },
      {
        "date": "2026-07-03",
        "close": 0.2516,
        "volume": 1055425,
        "typical_volume": 24673778.45,
        "trend": 0.623773,
        "fair_value": 7.492459,
        "relative_strength": -90.382896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.018055,
        "energy": 58.29124,
        "activity_lines": [
          0.271673,
          0.308744,
          0.362125,
          0.470598
        ]
      },
      {
        "date": "2026-07-10",
        "close": 0.2619,
        "volume": 1533134,
        "typical_volume": 24703416.95,
        "trend": 0.59767,
        "fair_value": 7.425484,
        "relative_strength": -89.261913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.680895,
        "energy": 52.791716,
        "activity_lines": [
          0.261493,
          0.297571,
          0.345768,
          0.447252
        ]
      },
      {
        "date": "2026-07-17",
        "close": 0.232,
        "volume": 2094060,
        "typical_volume": 24722671.85,
        "trend": 0.577143,
        "fair_value": 7.358061,
        "relative_strength": -89.273576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.600588,
        "energy": 52.509782,
        "activity_lines": [
          0.24756,
          0.281073,
          0.328458,
          0.42366
        ]
      },
      {
        "date": "2026-07-24",
        "close": 0.212,
        "volume": 1057207,
        "typical_volume": 24739772.75,
        "trend": 0.56287,
        "fair_value": 7.29051,
        "relative_strength": -89.115851,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.860125,
        "energy": 50.782363,
        "activity_lines": [
          0.233993,
          0.261011,
          0.311904,
          0.400102
        ]
      },
      {
        "date": "2026-07-31",
        "close": 0.213,
        "volume": 1864616,
        "typical_volume": 20369760.0,
        "trend": 0.55057,
        "fair_value": 7.222644,
        "relative_strength": -88.065161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.453013,
        "energy": 46.167931,
        "activity_lines": [
          0.225627,
          0.247575,
          0.297126,
          0.37753
        ]
      },
      {
        "date": "2026-08-07",
        "close": 0.212,
        "volume": 492450,
        "typical_volume": 20341927.2,
        "trend": 0.506303,
        "fair_value": 7.154772,
        "relative_strength": -87.704511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.995894,
        "energy": 44.976685,
        "activity_lines": [
          0.21826,
          0.236427,
          0.284463,
          0.355687
        ]
      }
    ],
    "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."
    }
  }
}