{
  "ticker": {
    "uuid": "30b3a948-eb76-4bf1-b225-b3e236a1aef9",
    "symbol": "XWEL",
    "name": "XWELL Inc.",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1a",
    "phase_label": "Stage 1A \u00b7 Bottoming",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 53.126,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "mixed",
    "architecture_direction": -25.859,
    "architecture_energy": 23.135,
    "architecture_maturity": 27.691,
    "architecture_confidence": 75.088,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 45.68,
        "rotation_up": 22.6,
        "upward_expansion": 14.0,
        "deceleration": 58.55,
        "rotation_down": 48.21,
        "downward_expansion": 42.0
      },
      "activity_lines": [
        1.01918,
        1.047567,
        1.143682,
        1.146479
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 1.025,
    "trend_reference": 1.05442,
    "distance_from_trend": -0.027902,
    "trend_direction": "Improving",
    "fair_value": 1.43641,
    "distance_from_fair_value": -0.286415,
    "fair_value_direction": "Weakening",
    "relative_strength": -8.390516,
    "relative_strength_direction": "Weakening",
    "price_momentum": 1.506112,
    "excess_performance": 1.318659,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.027902,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.14679,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.286415,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.123991,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.083905,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.381782,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.506112,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.27965,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 145513,
      "relative_activity": 0.206028,
      "balance": 0.27965,
      "dry_up": 0.274486,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.193561,
      "annualized_volatility": 2.055064,
      "from_high_reference": -0.534091,
      "from_low_reference": 3.018032
    },
    "levels": {
      "trend_reference": 1.05442,
      "fair_value_reference": 1.43641,
      "structural_low": 0.2706,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": -0.10084,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.040724,
        "regime_survival": 0.333333,
        "best_return": 0.25641,
        "worst_return": -0.242647,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.205897,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.17415,
        "regime_survival": 0.5,
        "best_return": -0.08547,
        "worst_return": -0.326324,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.310956,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.212476,
        "regime_survival": 0.0,
        "best_return": -0.310956,
        "worst_return": -0.310956,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.661765,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.523275,
        "regime_survival": 0.0,
        "best_return": -0.661765,
        "worst_return": -0.661765,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-19",
        "end": "2024-06-07",
        "tenure": "Developing",
        "return": 0.130435,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-06-14",
        "end": "2024-06-21",
        "tenure": "New",
        "return": -0.333333,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-28",
        "end": "2024-11-22",
        "tenure": "Established",
        "return": -0.166667,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-29",
        "end": "2025-06-13",
        "tenure": "Extended",
        "return": -0.306569,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-20",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.179071,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.109208,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": -0.108597,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-10",
        "end": "2025-10-31",
        "tenure": "New",
        "return": -0.104629,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-07",
        "end": "2025-11-28",
        "tenure": "New",
        "return": -0.095238,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-05",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": -0.519848,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-27",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": -0.201342,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-17",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.25641,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": -0.176871,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.138655,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 4.54,
        "volume": 7887187,
        "typical_volume": 1342210.6,
        "trend": 6.248067,
        "fair_value": 22.69691,
        "relative_strength": -58.026322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.700139,
        "energy": 26.151567,
        "activity_lines": [
          4.975467,
          5.004727,
          5.006143,
          5.425346
        ]
      },
      {
        "date": "2023-08-25",
        "close": 4.1,
        "volume": 1600759,
        "typical_volume": 1365912.0,
        "trend": 6.084733,
        "fair_value": 22.400115,
        "relative_strength": -61.3063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.051444,
        "energy": 38.939355,
        "activity_lines": [
          4.6004,
          4.849927,
          4.906867,
          5.286761
        ]
      },
      {
        "date": "2023-09-01",
        "close": 3.82,
        "volume": 1643433,
        "typical_volume": 1398579.2,
        "trend": 5.9054,
        "fair_value": 22.192551,
        "relative_strength": -63.771548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.404547,
        "energy": 55.790882,
        "activity_lines": [
          4.249467,
          4.665673,
          4.790781,
          5.140649
        ]
      },
      {
        "date": "2023-09-08",
        "close": 3.356,
        "volume": 2386856,
        "typical_volume": 1442508.35,
        "trend": 5.693933,
        "fair_value": 21.980731,
        "relative_strength": -66.341249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.087607,
        "energy": 68.451599,
        "activity_lines": [
          3.882533,
          4.4076,
          4.64279,
          4.976172
        ]
      },
      {
        "date": "2023-09-15",
        "close": 3.6,
        "volume": 1096381,
        "typical_volume": 1437511.75,
        "trend": 5.494733,
        "fair_value": 21.757654,
        "relative_strength": -62.116655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.880725,
        "energy": 67.366625,
        "activity_lines": [
          3.708267,
          4.205855,
          4.529514,
          4.84108
        ]
      },
      {
        "date": "2023-09-22",
        "close": 3.488,
        "volume": 623094,
        "typical_volume": 1399155.3,
        "trend": 5.3274,
        "fair_value": 21.533859,
        "relative_strength": -60.548246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.292348,
        "energy": 66.300144,
        "activity_lines": [
          3.576533,
          4.001818,
          4.411762,
          4.711613
        ]
      },
      {
        "date": "2023-09-29",
        "close": 2.25,
        "volume": 5118483,
        "typical_volume": 1630163.95,
        "trend": 5.116667,
        "fair_value": 21.302128,
        "relative_strength": -73.517655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.95721,
        "energy": 75.296187,
        "activity_lines": [
          3.102267,
          3.602,
          4.185181,
          4.513071
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2.32,
        "volume": 284005,
        "typical_volume": 1596557.3,
        "trend": 4.932,
        "fair_value": 21.015718,
        "relative_strength": -72.058386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.15742,
        "energy": 75.365981,
        "activity_lines": [
          2.774667,
          3.280582,
          3.9776,
          4.332641
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2.0,
        "volume": 53235,
        "typical_volume": 1575373.25,
        "trend": 4.745333,
        "fair_value": 20.752897,
        "relative_strength": -74.919077,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.586249,
        "energy": 84.10032,
        "activity_lines": [
          2.4404,
          2.966073,
          3.752305,
          4.14348
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1.95,
        "volume": 59182,
        "typical_volume": 1546151.7,
        "trend": 4.565,
        "fair_value": 20.512833,
        "relative_strength": -73.763653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.501024,
        "energy": 88.7246,
        "activity_lines": [
          2.179867,
          2.697491,
          3.536362,
          3.963135
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1.55,
        "volume": 49086,
        "typical_volume": 1495862.35,
        "trend": 4.376067,
        "fair_value": 20.284308,
        "relative_strength": -77.724951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.778048,
        "energy": 89.896494,
        "activity_lines": [
          1.896,
          2.407964,
          3.295419,
          3.768619
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1.62,
        "volume": 95173,
        "typical_volume": 1469547.85,
        "trend": 4.2244,
        "fair_value": 20.051103,
        "relative_strength": -77.168156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.531536,
        "energy": 88.05043,
        "activity_lines": [
          1.764667,
          2.185527,
          3.078524,
          3.590809
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1.65,
        "volume": 72291,
        "typical_volume": 1433151.75,
        "trend": 4.066067,
        "fair_value": 19.821936,
        "relative_strength": -76.610919,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.567291,
        "energy": 83.495338,
        "activity_lines": [
          1.685333,
          2.013636,
          2.881914,
          3.424718
        ]
      },
      {
        "date": "2023-11-17",
        "close": 2.18,
        "volume": 136303,
        "typical_volume": 1388656.15,
        "trend": 3.946533,
        "fair_value": 19.628218,
        "relative_strength": -68.916793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.531104,
        "energy": 71.260843,
        "activity_lines": [
          1.827333,
          1.977564,
          2.748876,
          3.303037
        ]
      },
      {
        "date": "2023-11-24",
        "close": 2.06,
        "volume": 52375,
        "typical_volume": 1361673.85,
        "trend": 3.851867,
        "fair_value": 19.426038,
        "relative_strength": -70.109072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.772188,
        "energy": 60.456906,
        "activity_lines": [
          1.917333,
          1.941055,
          2.613143,
          3.181325
        ]
      },
      {
        "date": "2023-12-01",
        "close": 2.36,
        "volume": 119681,
        "typical_volume": 1246271.65,
        "trend": 3.750733,
        "fair_value": 19.239885,
        "relative_strength": -64.705749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.937474,
        "energy": 47.052708,
        "activity_lines": [
          2.1,
          1.987091,
          2.518048,
          3.085075
        ]
      },
      {
        "date": "2023-12-08",
        "close": 2.0381,
        "volume": 49058,
        "typical_volume": 1163886.05,
        "trend": 3.657337,
        "fair_value": 19.067052,
        "relative_strength": -68.593731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.127633,
        "energy": 40.525851,
        "activity_lines": [
          2.121367,
          1.995109,
          2.405343,
          2.974583
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2.02,
        "volume": 92588,
        "typical_volume": 1138012.55,
        "trend": 3.558003,
        "fair_value": 18.908206,
        "relative_strength": -68.962292,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.079312,
        "energy": 40.647909,
        "activity_lines": [
          2.108827,
          2.003689,
          2.309123,
          2.868948
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1.75,
        "volume": 218989,
        "typical_volume": 1110190.6,
        "trend": 3.45087,
        "fair_value": 18.746347,
        "relative_strength": -72.578564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.898389,
        "energy": 45.878661,
        "activity_lines": [
          1.98162,
          1.968633,
          2.205666,
          2.752303
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1.74,
        "volume": 158290,
        "typical_volume": 1089822.45,
        "trend": 3.352203,
        "fair_value": 18.604937,
        "relative_strength": -72.027349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.076552,
        "energy": 61.546619,
        "activity_lines": [
          1.879747,
          1.936304,
          2.116856,
          2.641924
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1.67,
        "volume": 76761,
        "typical_volume": 699301.15,
        "trend": 3.234537,
        "fair_value": 18.461796,
        "relative_strength": -71.328248,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.764523,
        "energy": 72.740782,
        "activity_lines": [
          1.775873,
          1.895065,
          2.035941,
          2.533395
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1.38,
        "volume": 43830,
        "typical_volume": 621454.7,
        "trend": 3.104537,
        "fair_value": 18.297565,
        "relative_strength": -76.272334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.276298,
        "energy": 84.981981,
        "activity_lines": [
          1.621333,
          1.798918,
          1.941074,
          2.413747
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1.4815,
        "volume": 46230,
        "typical_volume": 541594.55,
        "trend": 3.007253,
        "fair_value": 18.083985,
        "relative_strength": -74.343496,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.403424,
        "energy": 81.850742,
        "activity_lines": [
          1.5445,
          1.725589,
          1.868826,
          2.309035
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1.48,
        "volume": 35319,
        "typical_volume": 424017.7,
        "trend": 2.922787,
        "fair_value": 17.808856,
        "relative_strength": -73.522172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.159854,
        "energy": 70.257212,
        "activity_lines": [
          1.503067,
          1.655051,
          1.80757,
          2.210503
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1.5501,
        "volume": 33491,
        "typical_volume": 370873.2,
        "trend": 2.821323,
        "fair_value": 17.543152,
        "relative_strength": -71.496947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.359874,
        "energy": 60.473602,
        "activity_lines": [
          1.503,
          1.609985,
          1.761925,
          2.121942
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1.507,
        "volume": 35125,
        "typical_volume": 341474.75,
        "trend": 2.701557,
        "fair_value": 17.209222,
        "relative_strength": -71.541127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.676584,
        "energy": 55.619928,
        "activity_lines": [
          1.501227,
          1.566355,
          1.721936,
          2.037147
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2.15,
        "volume": 79361,
        "typical_volume": 89518.65,
        "trend": 2.577823,
        "fair_value": 16.906338,
        "relative_strength": -56.940511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.316394,
        "energy": 28.418834,
        "activity_lines": [
          1.724653,
          1.655142,
          1.752618,
          2.001563
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2.0001,
        "volume": 24415,
        "typical_volume": 76539.15,
        "trend": 2.447827,
        "fair_value": 16.693518,
        "relative_strength": -58.820388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.656696,
        "energy": 20.161759,
        "activity_lines": [
          1.84678,
          1.71464,
          1.7695,
          1.964291
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2.025,
        "volume": 34449,
        "typical_volume": 75599.85,
        "trend": 2.347793,
        "fair_value": 16.498806,
        "relative_strength": -57.344515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.77651,
        "energy": 21.004398,
        "activity_lines": [
          1.942633,
          1.779027,
          1.790278,
          1.937011
        ]
      },
      {
        "date": "2024-03-08",
        "close": 2.0,
        "volume": 66387,
        "typical_volume": 75960.1,
        "trend": 2.254527,
        "fair_value": 16.23855,
        "relative_strength": -55.397264,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.124536,
        "energy": 23.805108,
        "activity_lines": [
          1.99382,
          1.833869,
          1.808555,
          1.914573
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1.86,
        "volume": 120563,
        "typical_volume": 79533.95,
        "trend": 2.165193,
        "fair_value": 15.994063,
        "relative_strength": -56.323572,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.459579,
        "energy": 16.95638,
        "activity_lines": [
          1.968347,
          1.858529,
          1.81326,
          1.88912
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1.86,
        "volume": 118798,
        "typical_volume": 80715.2,
        "trend": 2.090527,
        "fair_value": 15.779063,
        "relative_strength": -55.901281,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.140701,
        "energy": 11.185627,
        "activity_lines": [
          1.91934,
          1.879735,
          1.81649,
          1.86943
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1.69,
        "volume": 60137,
        "typical_volume": 80107.5,
        "trend": 2.019527,
        "fair_value": 15.575794,
        "relative_strength": -58.112264,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.884505,
        "energy": 16.806684,
        "activity_lines": [
          1.833,
          1.861304,
          1.802386,
          1.843589
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1.51,
        "volume": 75101,
        "typical_volume": 77047.4,
        "trend": 1.957993,
        "fair_value": 15.384191,
        "relative_strength": -60.941999,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.135337,
        "energy": 32.234206,
        "activity_lines": [
          1.707333,
          1.806355,
          1.770949,
          1.810717
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1.42,
        "volume": 37800,
        "typical_volume": 76318.65,
        "trend": 1.885327,
        "fair_value": 15.218935,
        "relative_strength": -61.658852,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.106162,
        "energy": 49.631864,
        "activity_lines": [
          1.586,
          1.734496,
          1.734131,
          1.776008
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1.38,
        "volume": 32382,
        "typical_volume": 71953.7,
        "trend": 1.81506,
        "fair_value": 15.049576,
        "relative_strength": -59.223982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.906984,
        "energy": 70.417277,
        "activity_lines": [
          1.49,
          1.657731,
          1.696551,
          1.743406
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1.8,
        "volume": 83081,
        "typical_volume": 73654.85,
        "trend": 1.80006,
        "fair_value": 14.885473,
        "relative_strength": -47.455321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.027229,
        "energy": 52.252086,
        "activity_lines": [
          1.566,
          1.659638,
          1.703638,
          1.742434
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1.79,
        "volume": 32522,
        "typical_volume": 70651.55,
        "trend": 1.782393,
        "fair_value": 14.735409,
        "relative_strength": -46.644464,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.102616,
        "energy": 26.691888,
        "activity_lines": [
          1.642667,
          1.666091,
          1.710906,
          1.741785
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1.82,
        "volume": 72346,
        "typical_volume": 63319.4,
        "trend": 1.776393,
        "fair_value": 14.593229,
        "relative_strength": -45.066728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.119379,
        "energy": 10.720571,
        "activity_lines": [
          1.722667,
          1.681818,
          1.722126,
          1.744211
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1.74,
        "volume": 44705,
        "typical_volume": 57640.15,
        "trend": 1.769393,
        "fair_value": 14.433871,
        "relative_strength": -47.101611,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.141424,
        "energy": 19.384874,
        "activity_lines": [
          1.755333,
          1.686727,
          1.725394,
          1.741863
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1.67,
        "volume": 36712,
        "typical_volume": 55637.7,
        "trend": 1.773393,
        "fair_value": 14.266371,
        "relative_strength": -48.459911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -25.061791,
        "energy": 17.18745,
        "activity_lines": [
          1.743333,
          1.683636,
          1.721996,
          1.735451
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1.56,
        "volume": 26591,
        "typical_volume": 54775.75,
        "trend": 1.771393,
        "fair_value": 14.10714,
        "relative_strength": -49.731552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.183989,
        "energy": 15.573275,
        "activity_lines": [
          1.675333,
          1.664,
          1.708121,
          1.721684
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1.56,
        "volume": 47616,
        "typical_volume": 54845.05,
        "trend": 1.768393,
        "fair_value": 13.903037,
        "relative_strength": -49.452718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.148368,
        "energy": 30.569862,
        "activity_lines": [
          1.623333,
          1.649818,
          1.693389,
          1.708045
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2.52,
        "volume": 330797,
        "typical_volume": 69618.95,
        "trend": 1.779727,
        "fair_value": 13.729447,
        "relative_strength": -18.964547,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.812018,
        "energy": 34.88538,
        "activity_lines": [
          1.906667,
          1.812545,
          1.769712,
          1.756536
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1.68,
        "volume": 50681,
        "typical_volume": 70478.45,
        "trend": 1.76706,
        "fair_value": 13.531242,
        "relative_strength": -44.660715,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 7.014556,
        "energy": 13.97221,
        "activity_lines": [
          1.863333,
          1.804182,
          1.761082,
          1.750102
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1.8,
        "volume": 19390,
        "typical_volume": 69691.7,
        "trend": 1.748393,
        "fair_value": 13.354319,
        "relative_strength": -39.347622,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.111629,
        "energy": 29.163825,
        "activity_lines": [
          1.864,
          1.812909,
          1.763263,
          1.752227
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1.675,
        "volume": 19380,
        "typical_volume": 66692.65,
        "trend": 1.73629,
        "fair_value": 13.175313,
        "relative_strength": -43.88692,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.010822,
        "energy": 22.510702,
        "activity_lines": [
          1.814333,
          1.791273,
          1.752143,
          1.747492
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1.8,
        "volume": 33805,
        "typical_volume": 67162.15,
        "trend": 1.728957,
        "fair_value": 13.008646,
        "relative_strength": -37.558301,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.46074,
        "energy": 16.649807,
        "activity_lines": [
          1.798667,
          1.794636,
          1.75519,
          1.751603
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1.77,
        "volume": 88204,
        "typical_volume": 69849.9,
        "trend": 1.729623,
        "fair_value": 12.81871,
        "relative_strength": -33.434892,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.786141,
        "energy": 12.668896,
        "activity_lines": [
          1.757,
          1.792364,
          1.756333,
          1.754251
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2.08,
        "volume": 341418,
        "typical_volume": 83601.45,
        "trend": 1.740957,
        "fair_value": 12.624351,
        "relative_strength": -16.548722,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 52.110922,
        "energy": 21.907989,
        "activity_lines": [
          1.868667,
          1.847364,
          1.788214,
          1.776855
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1.91,
        "volume": 38326,
        "typical_volume": 79489.6,
        "trend": 1.748957,
        "fair_value": 12.423774,
        "relative_strength": -18.210407,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.31409,
        "energy": 26.004006,
        "activity_lines": [
          1.897,
          1.865273,
          1.803524,
          1.787762
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1.81,
        "volume": 150383,
        "typical_volume": 81068.85,
        "trend": 1.76329,
        "fair_value": 12.211018,
        "relative_strength": -20.068854,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.608488,
        "energy": 24.699828,
        "activity_lines": [
          1.884667,
          1.860636,
          1.809071,
          1.7917
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1.9308,
        "volume": 17347,
        "typical_volume": 78929.35,
        "trend": 1.778267,
        "fair_value": 12.028523,
        "relative_strength": -16.370402,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.575821,
        "energy": 30.106154,
        "activity_lines": [
          1.9036,
          1.873418,
          1.826362,
          1.802507
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1.8,
        "volume": 64382,
        "typical_volume": 78393.4,
        "trend": 1.788933,
        "fair_value": 11.816985,
        "relative_strength": -20.453876,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.929337,
        "energy": 16.947722,
        "activity_lines": [
          1.870213,
          1.855676,
          1.830049,
          1.803909
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1.9001,
        "volume": 1332205,
        "typical_volume": 143113.65,
        "trend": 1.8006,
        "fair_value": 11.588139,
        "relative_strength": -13.177774,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.577317,
        "energy": 13.826112,
        "activity_lines": [
          1.868193,
          1.869225,
          1.841888,
          1.811081
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1.71,
        "volume": 54245,
        "typical_volume": 144206.8,
        "trend": 1.807367,
        "fair_value": 11.376024,
        "relative_strength": -15.194932,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.567534,
        "energy": 2.777035,
        "activity_lines": [
          1.8148,
          1.844209,
          1.833336,
          1.805236
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1.61,
        "volume": 76193,
        "typical_volume": 143862.4,
        "trend": 1.789367,
        "fair_value": 11.159421,
        "relative_strength": -22.512525,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.038222,
        "energy": 11.066488,
        "activity_lines": [
          1.741407,
          1.802647,
          1.813689,
          1.792503
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1.85,
        "volume": 96587,
        "typical_volume": 147065.65,
        "trend": 1.784363,
        "fair_value": 10.966152,
        "relative_strength": -9.908143,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.820354,
        "energy": 6.084972,
        "activity_lines": [
          1.761347,
          1.805904,
          1.817803,
          1.796414
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1.79,
        "volume": 53026,
        "typical_volume": 146099.65,
        "trend": 1.77653,
        "fair_value": 10.787883,
        "relative_strength": -12.680474,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.739018,
        "energy": 7.922147,
        "activity_lines": [
          1.766673,
          1.797342,
          1.815918,
          1.796778
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1.73,
        "volume": 37295,
        "typical_volume": 145729.15,
        "trend": 1.76753,
        "fair_value": 10.616921,
        "relative_strength": -14.5927,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.413051,
        "energy": 10.32635,
        "activity_lines": [
          1.752667,
          1.777507,
          1.808461,
          1.793776
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1.81,
        "volume": 74916,
        "typical_volume": 147639.35,
        "trend": 1.765863,
        "fair_value": 10.447754,
        "relative_strength": -10.977693,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.577487,
        "energy": 6.478207,
        "activity_lines": [
          1.776667,
          1.778582,
          1.808671,
          1.796516
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1.82,
        "volume": 57219,
        "typical_volume": 149170.75,
        "trend": 1.76453,
        "fair_value": 10.278652,
        "relative_strength": -9.906476,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.437149,
        "energy": 10.823543,
        "activity_lines": [
          1.797333,
          1.783293,
          1.809167,
          1.800009
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1.752,
        "volume": 55336,
        "typical_volume": 149556.75,
        "trend": 1.766597,
        "fair_value": 10.11937,
        "relative_strength": -13.019233,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.587136,
        "energy": 9.963974,
        "activity_lines": [
          1.781333,
          1.775458,
          1.801949,
          1.7992
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1.7217,
        "volume": 31861,
        "typical_volume": 134609.95,
        "trend": 1.773653,
        "fair_value": 9.954765,
        "relative_strength": -12.767158,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.299164,
        "energy": 7.378777,
        "activity_lines": [
          1.761767,
          1.765365,
          1.79093,
          1.796304
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1.69,
        "volume": 46164,
        "typical_volume": 134384.1,
        "trend": 1.782653,
        "fair_value": 9.789958,
        "relative_strength": -18.394025,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.544127,
        "energy": 19.375174,
        "activity_lines": [
          1.736187,
          1.750933,
          1.780694,
          1.790907
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1.6548,
        "volume": 82758,
        "typical_volume": 137552.5,
        "trend": 1.791813,
        "fair_value": 9.601847,
        "relative_strength": -16.32634,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.664394,
        "energy": 39.448707,
        "activity_lines": [
          1.70154,
          1.73392,
          1.767058,
          1.782658
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1.5,
        "volume": 102379,
        "typical_volume": 141702.45,
        "trend": 1.781813,
        "fair_value": 9.403771,
        "relative_strength": -24.678221,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -66.400564,
        "energy": 55.870012,
        "activity_lines": [
          1.62564,
          1.689765,
          1.73937,
          1.763832
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1.37,
        "volume": 96373,
        "typical_volume": 144830.85,
        "trend": 1.767813,
        "fair_value": 9.190758,
        "relative_strength": -30.584417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.548002,
        "energy": 70.730157,
        "activity_lines": [
          1.52774,
          1.623975,
          1.700135,
          1.737263
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1.3901,
        "volume": 79183,
        "typical_volume": 144379.8,
        "trend": 1.753483,
        "fair_value": 8.972746,
        "relative_strength": -30.916049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.701655,
        "energy": 74.705922,
        "activity_lines": [
          1.462007,
          1.570565,
          1.664861,
          1.712894
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1.2925,
        "volume": 88398,
        "typical_volume": 131728.8,
        "trend": 1.738567,
        "fair_value": 8.7618,
        "relative_strength": -35.418019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.125847,
        "energy": 80.766231,
        "activity_lines": [
          1.385847,
          1.506682,
          1.622102,
          1.683154
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1.6,
        "volume": 4479118,
        "typical_volume": 353768.4,
        "trend": 1.736233,
        "fair_value": 8.515646,
        "relative_strength": -17.711337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.189261,
        "energy": 61.811081,
        "activity_lines": [
          1.438687,
          1.506662,
          1.612378,
          1.674214
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1.63,
        "volume": 185870,
        "typical_volume": 355542.75,
        "trend": 1.738567,
        "fair_value": 8.267121,
        "relative_strength": -16.432434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.757435,
        "energy": 35.222646,
        "activity_lines": [
          1.50518,
          1.515915,
          1.606988,
          1.66736
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1.48,
        "volume": 274131,
        "typical_volume": 368381.95,
        "trend": 1.7359,
        "fair_value": 8.035582,
        "relative_strength": -22.992764,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.044454,
        "energy": 26.785846,
        "activity_lines": [
          1.513007,
          1.501349,
          1.588169,
          1.650678
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1.37,
        "volume": 84528,
        "typical_volume": 369389.25,
        "trend": 1.697567,
        "fair_value": 7.834108,
        "relative_strength": -26.85421,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.778667,
        "energy": 26.072872,
        "activity_lines": [
          1.476833,
          1.471729,
          1.56102,
          1.627072
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1.25,
        "volume": 180923,
        "typical_volume": 311825.15,
        "trend": 1.683233,
        "fair_value": 7.661351,
        "relative_strength": -34.734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.057254,
        "energy": 40.06491,
        "activity_lines": [
          1.402,
          1.426685,
          1.52449,
          1.598197
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1.19,
        "volume": 108787,
        "typical_volume": 314552.25,
        "trend": 1.6629,
        "fair_value": 7.497185,
        "relative_strength": -38.38373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.838296,
        "energy": 62.121678,
        "activity_lines": [
          1.31,
          1.378733,
          1.485342,
          1.566375
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1.25,
        "volume": 50636,
        "typical_volume": 313274.4,
        "trend": 1.648733,
        "fair_value": 7.330838,
        "relative_strength": -33.934957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.291817,
        "energy": 65.344284,
        "activity_lines": [
          1.265333,
          1.35014,
          1.454385,
          1.539736
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1.21,
        "volume": 40407,
        "typical_volume": 310465.4,
        "trend": 1.629067,
        "fair_value": 7.175774,
        "relative_strength": -35.732167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.589453,
        "energy": 66.842485,
        "activity_lines": [
          1.232667,
          1.31882,
          1.421332,
          1.511431
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1.19,
        "volume": 38244,
        "typical_volume": 309726.3,
        "trend": 1.609733,
        "fair_value": 7.028274,
        "relative_strength": -37.646788,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.198996,
        "energy": 63.217767,
        "activity_lines": [
          1.211333,
          1.286773,
          1.389422,
          1.483104
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1.22,
        "volume": 63608,
        "typical_volume": 311041.95,
        "trend": 1.581067,
        "fair_value": 6.892505,
        "relative_strength": -33.78695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.262259,
        "energy": 48.198136,
        "activity_lines": [
          1.212,
          1.263818,
          1.363226,
          1.45796
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1.08,
        "volume": 74500,
        "typical_volume": 311021.15,
        "trend": 1.5534,
        "fair_value": 6.767377,
        "relative_strength": -38.493283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.845009,
        "energy": 52.749731,
        "activity_lines": [
          1.168,
          1.216727,
          1.326126,
          1.425633
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1.04,
        "volume": 239623,
        "typical_volume": 320141.35,
        "trend": 1.527733,
        "fair_value": 6.649428,
        "relative_strength": -37.946276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.111617,
        "energy": 50.032859,
        "activity_lines": [
          1.118,
          1.171818,
          1.288692,
          1.392511
        ]
      },
      {
        "date": "2025-03-14",
        "close": 0.99,
        "volume": 314080,
        "typical_volume": 333078.55,
        "trend": 1.496373,
        "fair_value": 6.464749,
        "relative_strength": -38.657672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.604503,
        "energy": 48.372426,
        "activity_lines": [
          1.065333,
          1.128545,
          1.25021,
          1.357818
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1.03,
        "volume": 403260,
        "typical_volume": 351648.5,
        "trend": 1.470707,
        "fair_value": 6.303403,
        "relative_strength": -35.583269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.899728,
        "energy": 52.206779,
        "activity_lines": [
          1.040667,
          1.101455,
          1.219167,
          1.327729
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1.05,
        "volume": 952476,
        "typical_volume": 396964.1,
        "trend": 1.44237,
        "fair_value": 6.166544,
        "relative_strength": -32.140968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.451264,
        "energy": 43.701527,
        "activity_lines": [
          1.033333,
          1.084182,
          1.193322,
          1.300587
        ]
      },
      {
        "date": "2025-04-04",
        "close": 0.95,
        "volume": 100215,
        "typical_volume": 397836.95,
        "trend": 1.417037,
        "fair_value": 6.030326,
        "relative_strength": -31.40233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.994922,
        "energy": 45.72637,
        "activity_lines": [
          1.004,
          1.052364,
          1.161001,
          1.268821
        ]
      },
      {
        "date": "2025-04-11",
        "close": 0.7758,
        "volume": 597525,
        "typical_volume": 422594.25,
        "trend": 1.38923,
        "fair_value": 5.895555,
        "relative_strength": -47.413556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.775588,
        "energy": 52.324078,
        "activity_lines": [
          0.925267,
          0.993236,
          1.115446,
          1.227451
        ]
      },
      {
        "date": "2025-04-18",
        "close": 0.785,
        "volume": 29325,
        "typical_volume": 419241.85,
        "trend": 1.35373,
        "fair_value": 5.769818,
        "relative_strength": -45.041273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.904653,
        "energy": 55.762967,
        "activity_lines": [
          0.867213,
          0.944404,
          1.074216,
          1.188469
        ]
      },
      {
        "date": "2025-04-25",
        "close": 0.7771,
        "volume": 48914,
        "typical_volume": 417728.4,
        "trend": 1.319967,
        "fair_value": 5.653556,
        "relative_strength": -48.077024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.390253,
        "energy": 65.545539,
        "activity_lines": [
          0.820193,
          0.901862,
          1.035019,
          1.151267
        ]
      },
      {
        "date": "2025-05-02",
        "close": 0.7915,
        "volume": 49685,
        "typical_volume": 415792.75,
        "trend": 1.288683,
        "fair_value": 5.541168,
        "relative_strength": -48.081837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.289916,
        "energy": 61.928841,
        "activity_lines": [
          0.794833,
          0.869445,
          1.000112,
          1.117172
        ]
      },
      {
        "date": "2025-05-09",
        "close": 0.88,
        "volume": 319136,
        "typical_volume": 207793.65,
        "trend": 1.257683,
        "fair_value": 5.429578,
        "relative_strength": -41.328872,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.793946,
        "energy": 44.047169,
        "activity_lines": [
          0.816207,
          0.860911,
          0.97602,
          1.090805
        ]
      },
      {
        "date": "2025-05-16",
        "close": 0.91,
        "volume": 1913461,
        "typical_volume": 294173.2,
        "trend": 1.22735,
        "fair_value": 5.340988,
        "relative_strength": -42.463914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.205562,
        "energy": 34.52278,
        "activity_lines": [
          0.852247,
          0.861467,
          0.958213,
          1.068374
        ]
      },
      {
        "date": "2025-05-23",
        "close": 0.8993,
        "volume": 310150,
        "typical_volume": 295974.15,
        "trend": 1.198927,
        "fair_value": 5.247728,
        "relative_strength": -41.059232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.57815,
        "energy": 24.750584,
        "activity_lines": [
          0.875773,
          0.862442,
          0.942816,
          1.04721
        ]
      },
      {
        "date": "2025-05-30",
        "close": 0.909,
        "volume": 96095,
        "typical_volume": 296552.5,
        "trend": 1.171837,
        "fair_value": 5.156401,
        "relative_strength": -40.899545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.450153,
        "energy": 19.494042,
        "activity_lines": [
          0.894913,
          0.866829,
          0.931108,
          1.028505
        ]
      },
      {
        "date": "2025-06-06",
        "close": 0.95,
        "volume": 48918,
        "typical_volume": 289952.25,
        "trend": 1.14717,
        "fair_value": 5.069119,
        "relative_strength": -38.859942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.065064,
        "energy": 16.20919,
        "activity_lines": [
          0.918927,
          0.880871,
          0.9255,
          1.014193
        ]
      },
      {
        "date": "2025-06-13",
        "close": 0.95,
        "volume": 63366,
        "typical_volume": 287681.2,
        "trend": 1.123677,
        "fair_value": 4.964952,
        "relative_strength": -37.077051,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.41864,
        "energy": 15.04057,
        "activity_lines": [
          0.932373,
          0.896731,
          0.92132,
          1.001472
        ]
      },
      {
        "date": "2025-06-20",
        "close": 0.9499,
        "volume": 198729,
        "typical_volume": 295085.85,
        "trend": 1.10534,
        "fair_value": 4.872323,
        "relative_strength": -36.334466,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.749345,
        "energy": 14.538176,
        "activity_lines": [
          0.94112,
          0.912573,
          0.918274,
          0.990261
        ]
      },
      {
        "date": "2025-06-27",
        "close": 0.94,
        "volume": 512878,
        "typical_volume": 318709.4,
        "trend": 1.091007,
        "fair_value": 4.78881,
        "relative_strength": -38.650643,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.546612,
        "energy": 11.174283,
        "activity_lines": [
          0.943907,
          0.923449,
          0.915714,
          0.979594
        ]
      },
      {
        "date": "2025-07-04",
        "close": 0.96,
        "volume": 110825,
        "typical_volume": 322338.45,
        "trend": 1.07667,
        "fair_value": 4.696721,
        "relative_strength": -37.544136,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.404127,
        "energy": 10.190779,
        "activity_lines": [
          0.950647,
          0.935144,
          0.916344,
          0.971142
        ]
      },
      {
        "date": "2025-07-11",
        "close": 0.975,
        "volume": 161017,
        "typical_volume": 327208.9,
        "trend": 1.066087,
        "fair_value": 4.601778,
        "relative_strength": -35.484624,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.066244,
        "energy": 8.803578,
        "activity_lines": [
          0.958987,
          0.94624,
          0.919499,
          0.964582
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1.075,
        "volume": 58853,
        "typical_volume": 326426.55,
        "trend": 1.048587,
        "fair_value": 4.502067,
        "relative_strength": -28.844187,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.970175,
        "energy": 10.961311,
        "activity_lines": [
          0.998993,
          0.972182,
          0.933343,
          0.965157
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1.12,
        "volume": 269781,
        "typical_volume": 327934.45,
        "trend": 1.031587,
        "fair_value": 4.4054,
        "relative_strength": -25.176487,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.714743,
        "energy": 28.83301,
        "activity_lines": [
          1.045667,
          1.00276,
          0.951498,
          0.969765
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1.01,
        "volume": 85813,
        "typical_volume": 316521.1,
        "trend": 1.01592,
        "fair_value": 4.291733,
        "relative_strength": -29.747939,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 13.846029,
        "energy": 23.99005,
        "activity_lines": [
          1.044333,
          1.00952,
          0.958795,
          0.968372
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.14,
        "volume": 50290,
        "typical_volume": 298872.6,
        "trend": 1.008253,
        "fair_value": 4.17981,
        "relative_strength": -22.375394,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.858944,
        "energy": 42.209213,
        "activity_lines": [
          1.081667,
          1.037904,
          0.978378,
          0.976377
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1.1301,
        "volume": 105060,
        "typical_volume": 256501.8,
        "trend": 1.004257,
        "fair_value": 4.074696,
        "relative_strength": -22.174302,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.812668,
        "energy": 44.6525,
        "activity_lines": [
          1.1037,
          1.060287,
          0.996494,
          0.984238
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1.1203,
        "volume": 27547,
        "typical_volume": 252868.4,
        "trend": 1.001933,
        "fair_value": 3.948544,
        "relative_strength": -21.030613,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.193012,
        "energy": 38.785769,
        "activity_lines": [
          1.112127,
          1.077615,
          1.013295,
          0.991725
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1.105,
        "volume": 45574,
        "typical_volume": 225270.85,
        "trend": 0.9971,
        "fair_value": 3.821012,
        "relative_strength": -20.617848,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.754418,
        "energy": 48.75915,
        "activity_lines": [
          1.112433,
          1.089064,
          1.027829,
          0.998374
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1.0943,
        "volume": 26064,
        "typical_volume": 225107.8,
        "trend": 0.993243,
        "fair_value": 3.692129,
        "relative_strength": -20.955054,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.50421,
        "energy": 36.607882,
        "activity_lines": [
          1.110173,
          1.095747,
          1.039775,
          1.004645
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1.1,
        "volume": 43223,
        "typical_volume": 224823.25,
        "trend": 0.990243,
        "fair_value": 3.572731,
        "relative_strength": -21.011322,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.776898,
        "energy": 29.545675,
        "activity_lines": [
          1.104193,
          1.100662,
          1.050792,
          1.011533
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1.12,
        "volume": 57852,
        "typical_volume": 225231.6,
        "trend": 0.98691,
        "fair_value": 3.475039,
        "relative_strength": -19.9898,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.139876,
        "energy": 28.946449,
        "activity_lines": [
          1.107547,
          1.106667,
          1.062176,
          1.019904
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1.04,
        "volume": 134234,
        "typical_volume": 215986.5,
        "trend": 0.985577,
        "fair_value": 3.383629,
        "relative_strength": -24.151787,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.808746,
        "energy": 18.649164,
        "activity_lines": [
          1.084907,
          1.095491,
          1.064376,
          1.023329
        ]
      },
      {
        "date": "2025-10-03",
        "close": 0.985,
        "volume": 325796,
        "typical_volume": 136603.25,
        "trend": 0.983743,
        "fair_value": 3.294597,
        "relative_strength": -27.854239,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 22.408361,
        "energy": 12.871379,
        "activity_lines": [
          1.049287,
          1.074951,
          1.060577,
          1.023292
        ]
      },
      {
        "date": "2025-10-10",
        "close": 0.9873,
        "volume": 106881,
        "typical_volume": 126439.8,
        "trend": 0.983653,
        "fair_value": 3.211003,
        "relative_strength": -24.719863,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.271618,
        "energy": 13.606125,
        "activity_lines": [
          1.022433,
          1.057284,
          1.056639,
          1.023522
        ]
      },
      {
        "date": "2025-10-17",
        "close": 0.995,
        "volume": 194389,
        "typical_volume": 131354.5,
        "trend": 0.982487,
        "fair_value": 3.128381,
        "relative_strength": -24.607712,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.561686,
        "energy": 14.203997,
        "activity_lines": [
          1.00528,
          1.041429,
          1.053016,
          1.024254
        ]
      },
      {
        "date": "2025-10-24",
        "close": 0.9772,
        "volume": 58033,
        "typical_volume": 131810.25,
        "trend": 0.98006,
        "fair_value": 3.051312,
        "relative_strength": -26.256658,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.518748,
        "energy": 15.695098,
        "activity_lines": [
          0.989193,
          1.024975,
          1.047288,
          1.023912
        ]
      },
      {
        "date": "2025-10-31",
        "close": 0.884,
        "volume": 265343,
        "typical_volume": 141909.1,
        "trend": 0.97786,
        "fair_value": 2.974606,
        "relative_strength": -33.277075,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.620245,
        "energy": 40.430746,
        "activity_lines": [
          0.95156,
          0.994355,
          1.032554,
          1.017715
        ]
      },
      {
        "date": "2025-11-07",
        "close": 0.84,
        "volume": 45735,
        "typical_volume": 134259.4,
        "trend": 0.98,
        "fair_value": 2.909799,
        "relative_strength": -33.416639,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.91632,
        "energy": 53.460979,
        "activity_lines": [
          0.90966,
          0.960031,
          1.013944,
          1.008821
        ]
      },
      {
        "date": "2025-11-14",
        "close": 0.831,
        "volume": 1356256,
        "typical_volume": 176428.3,
        "trend": 0.981533,
        "fair_value": 2.859997,
        "relative_strength": -32.794679,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.154628,
        "energy": 62.828171,
        "activity_lines": [
          0.874427,
          0.928889,
          0.995,
          0.999208
        ]
      },
      {
        "date": "2025-11-21",
        "close": 0.75,
        "volume": 598093,
        "typical_volume": 200791.7,
        "trend": 0.98063,
        "fair_value": 2.810087,
        "relative_strength": -36.383547,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.187768,
        "energy": 68.989097,
        "activity_lines": [
          0.822613,
          0.887807,
          0.968861,
          0.98427
        ]
      },
      {
        "date": "2025-11-28",
        "close": 0.76,
        "volume": 46144,
        "typical_volume": 195048.05,
        "trend": 0.97958,
        "fair_value": 2.750856,
        "relative_strength": -37.688551,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -72.714215,
        "energy": 78.627903,
        "activity_lines": [
          0.790467,
          0.854907,
          0.944674,
          0.970036
        ]
      },
      {
        "date": "2025-12-05",
        "close": 0.791,
        "volume": 70965,
        "typical_volume": 195653.65,
        "trend": 0.976613,
        "fair_value": 2.690542,
        "relative_strength": -34.909598,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.624886,
        "energy": 73.042601,
        "activity_lines": [
          0.783133,
          0.834189,
          0.924464,
          0.95787
        ]
      },
      {
        "date": "2025-12-12",
        "close": 0.777,
        "volume": 60432,
        "typical_volume": 185186.2,
        "trend": 0.97218,
        "fair_value": 2.642203,
        "relative_strength": -34.05367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.301237,
        "energy": 67.412873,
        "activity_lines": [
          0.777333,
          0.815453,
          0.904272,
          0.944991
        ]
      },
      {
        "date": "2025-12-19",
        "close": 0.655,
        "volume": 123747,
        "typical_volume": 187082.9,
        "trend": 0.964037,
        "fair_value": 2.598299,
        "relative_strength": -43.564247,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.939071,
        "energy": 73.137406,
        "activity_lines": [
          0.735067,
          0.778316,
          0.874095,
          0.924528
        ]
      },
      {
        "date": "2025-12-26",
        "close": 0.618,
        "volume": 97483,
        "typical_volume": 189442.55,
        "trend": 0.954337,
        "fair_value": 2.555735,
        "relative_strength": -46.226009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.634178,
        "energy": 85.978301,
        "activity_lines": [
          0.6922,
          0.740495,
          0.842085,
          0.902203
        ]
      },
      {
        "date": "2026-01-02",
        "close": 0.45,
        "volume": 385567,
        "typical_volume": 203467.9,
        "trend": 0.93767,
        "fair_value": 2.506145,
        "relative_strength": -59.248364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.114114,
        "energy": 94.717896,
        "activity_lines": [
          0.602133,
          0.678982,
          0.79656,
          0.869665
        ]
      },
      {
        "date": "2026-01-09",
        "close": 0.4467,
        "volume": 305927,
        "typical_volume": 217386.9,
        "trend": 0.920893,
        "fair_value": 2.458329,
        "relative_strength": -59.556132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.98078,
        "energy": 93.643908,
        "activity_lines": [
          0.531633,
          0.626455,
          0.75396,
          0.83799
        ]
      },
      {
        "date": "2026-01-16",
        "close": 0.394,
        "volume": 379224,
        "typical_volume": 234069.4,
        "trend": 0.902363,
        "fair_value": 2.408611,
        "relative_strength": -63.307993,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.870608,
        "energy": 94.048728,
        "activity_lines": [
          0.46652,
          0.572296,
          0.709548,
          0.803997
        ]
      },
      {
        "date": "2026-01-23",
        "close": 0.3452,
        "volume": 9874568,
        "typical_volume": 726494.6,
        "trend": 0.882537,
        "fair_value": 2.353131,
        "relative_strength": -67.308237,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.447105,
        "energy": 93.485798,
        "activity_lines": [
          0.410673,
          0.517375,
          0.663874,
          0.768051
        ]
      },
      {
        "date": "2026-01-30",
        "close": 0.3155,
        "volume": 9183451,
        "typical_volume": 1183506.0,
        "trend": 0.861053,
        "fair_value": 2.296179,
        "relative_strength": -69.421904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.601915,
        "energy": 91.870058,
        "activity_lines": [
          0.36558,
          0.465885,
          0.618939,
          0.731468
        ]
      },
      {
        "date": "2026-02-06",
        "close": 0.409,
        "volume": 3080587,
        "typical_volume": 1334642.75,
        "trend": 0.842187,
        "fair_value": 2.236622,
        "relative_strength": -58.774735,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.839179,
        "energy": 70.400872,
        "activity_lines": [
          0.37182,
          0.439296,
          0.586644,
          0.702303
        ]
      },
      {
        "date": "2026-02-13",
        "close": 0.4414,
        "volume": 7609064,
        "typical_volume": 1708384.25,
        "trend": 0.821067,
        "fair_value": 2.178067,
        "relative_strength": -54.130461,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.948903,
        "energy": 63.418055,
        "activity_lines": [
          0.391593,
          0.42498,
          0.56082,
          0.676446
        ]
      },
      {
        "date": "2026-02-20",
        "close": 0.3798,
        "volume": 309746,
        "typical_volume": 1707581.75,
        "trend": 0.796393,
        "fair_value": 2.125963,
        "relative_strength": -60.160539,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.787027,
        "energy": 62.797792,
        "activity_lines": [
          0.391187,
          0.40582,
          0.531981,
          0.647977
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1.49,
        "volume": 476999550,
        "typical_volume": 25552215.2,
        "trend": 0.812393,
        "fair_value": 2.080565,
        "relative_strength": 56.077317,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 8.141031,
        "energy": 22.064392,
        "activity_lines": [
          0.761793,
          0.595736,
          0.611757,
          0.692726
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.32,
        "volume": 14318141,
        "typical_volume": 26258402.8,
        "trend": 0.818393,
        "fair_value": 2.038642,
        "relative_strength": 39.878807,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 40.772524,
        "energy": 44.78764,
        "activity_lines": [
          0.999413,
          0.739562,
          0.672948,
          0.725475
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.58,
        "volume": 2524499,
        "typical_volume": 26381726.1,
        "trend": 0.83339,
        "fair_value": 2.000053,
        "relative_strength": 67.92666,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 47.010391,
        "energy": 54.180906,
        "activity_lines": [
          1.256733,
          0.917896,
          0.757354,
          0.774611
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1.23,
        "volume": 1275110,
        "typical_volume": 26432214.45,
        "trend": 0.837047,
        "fair_value": 1.960758,
        "relative_strength": 33.410671,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.632975,
        "energy": 50.443393,
        "activity_lines": [
          1.31932,
          1.012049,
          0.805556,
          0.800198
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1.2,
        "volume": 824761,
        "typical_volume": 26471165.75,
        "trend": 0.840213,
        "fair_value": 1.922181,
        "relative_strength": 34.686741,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.428771,
        "energy": 65.455109,
        "activity_lines": [
          1.319333,
          1.086505,
          0.849253,
          0.823615
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1.07,
        "volume": 687687,
        "typical_volume": 26437737.3,
        "trend": 0.839403,
        "fair_value": 1.889488,
        "relative_strength": 16.102202,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.920864,
        "energy": 38.701662,
        "activity_lines": [
          1.221333,
          1.122671,
          0.878855,
          0.83844
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1.19,
        "volume": 2239093,
        "typical_volume": 26519787.3,
        "trend": 0.842403,
        "fair_value": 1.856091,
        "relative_strength": 23.26111,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 53.595481,
        "energy": 35.321299,
        "activity_lines": [
          1.191333,
          1.167476,
          0.918747,
          0.861059
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1.17,
        "volume": 746045,
        "typical_volume": 26554782.35,
        "trend": 0.84407,
        "fair_value": 1.826629,
        "relative_strength": 14.095491,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.808568,
        "energy": 26.728513,
        "activity_lines": [
          1.163333,
          1.192745,
          0.95464,
          0.882194
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1.22,
        "volume": 592170,
        "typical_volume": 26580842.6,
        "trend": 0.85007,
        "fair_value": 1.80304,
        "relative_strength": 16.141292,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.435549,
        "energy": 25.565567,
        "activity_lines": [
          1.179333,
          1.213269,
          0.993341,
          0.906448
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1.28,
        "volume": 216500,
        "typical_volume": 26588646.0,
        "trend": 0.859903,
        "fair_value": 1.776668,
        "relative_strength": 19.599245,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.602872,
        "energy": 29.841733,
        "activity_lines": [
          1.216,
          1.230545,
          1.035715,
          0.934185
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1.47,
        "volume": 897614,
        "typical_volume": 26627339.35,
        "trend": 0.875993,
        "fair_value": 1.755065,
        "relative_strength": 29.787673,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.676111,
        "energy": 39.248417,
        "activity_lines": [
          1.310667,
          1.266,
          1.093788,
          0.973546
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1.47,
        "volume": 405396,
        "typical_volume": 26642735.0,
        "trend": 0.891827,
        "fair_value": 1.732437,
        "relative_strength": 29.704135,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.331633,
        "energy": 46.485558,
        "activity_lines": [
          1.378667,
          1.301818,
          1.14798,
          1.011869
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1.44,
        "volume": 236028,
        "typical_volume": 26635258.05,
        "trend": 0.907253,
        "fair_value": 1.709847,
        "relative_strength": 25.1796,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.47575,
        "energy": 47.012289,
        "activity_lines": [
          1.418,
          1.329455,
          1.195259,
          1.047235
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1.25,
        "volume": 430938,
        "typical_volume": 26641508.6,
        "trend": 0.919453,
        "fair_value": 1.687732,
        "relative_strength": 5.68772,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.018126,
        "energy": 57.763024,
        "activity_lines": [
          1.376,
          1.325091,
          1.219727,
          1.069348
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.36,
        "volume": 982995,
        "typical_volume": 26671697.15,
        "trend": 0.936787,
        "fair_value": 1.663117,
        "relative_strength": 20.223986,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.920995,
        "energy": 48.730327,
        "activity_lines": [
          1.368667,
          1.340364,
          1.250847,
          1.09777
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1.21,
        "volume": 869452,
        "typical_volume": 26221441.35,
        "trend": 0.94942,
        "fair_value": 1.637027,
        "relative_strength": 4.715609,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.383266,
        "energy": 26.826216,
        "activity_lines": [
          1.306,
          1.325455,
          1.26308,
          1.115397
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.19,
        "volume": 198212,
        "typical_volume": 25772179.4,
        "trend": 0.964087,
        "fair_value": 1.61645,
        "relative_strength": 0.548825,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.992351,
        "energy": 19.891635,
        "activity_lines": [
          1.254,
          1.304364,
          1.269291,
          1.130918
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1.06,
        "volume": 329245,
        "typical_volume": 25634612.3,
        "trend": 0.974087,
        "fair_value": 1.597514,
        "relative_strength": -5.966198,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.158869,
        "energy": 16.224718,
        "activity_lines": [
          1.177333,
          1.259636,
          1.258957,
          1.137106
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1.07,
        "volume": 157321,
        "typical_volume": 25262025.15,
        "trend": 0.983387,
        "fair_value": 1.574924,
        "relative_strength": -5.626484,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.472564,
        "energy": 15.628101,
        "activity_lines": [
          1.129333,
          1.218727,
          1.246475,
          1.143294
        ]
      },
      {
        "date": "2026-07-10",
        "close": 0.9527,
        "volume": 3536615,
        "typical_volume": 25423368.6,
        "trend": 0.989243,
        "fair_value": 1.548339,
        "relative_strength": -17.013507,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.360264,
        "energy": 23.765748,
        "activity_lines": [
          1.054233,
          1.159218,
          1.219829,
          1.141314
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.07,
        "volume": 356745,
        "typical_volume": 1591228.35,
        "trend": 1.003077,
        "fair_value": 1.517621,
        "relative_strength": -2.295037,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.752664,
        "energy": 20.206038,
        "activity_lines": [
          1.045387,
          1.126987,
          1.201625,
          1.146524
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.05,
        "volume": 138691,
        "typical_volume": 882255.85,
        "trend": 1.017477,
        "fair_value": 1.486531,
        "relative_strength": -2.027311,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 0.751178,
        "energy": 24.407564,
        "activity_lines": [
          1.039207,
          1.098393,
          1.183517,
          1.149552
        ]
      },
      {
        "date": "2026-07-31",
        "close": 0.98,
        "volume": 134502,
        "typical_volume": 762756.0,
        "trend": 1.035143,
        "fair_value": 1.460596,
        "relative_strength": -8.603227,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -23.79639,
        "energy": 32.296343,
        "activity_lines": [
          1.019027,
          1.064707,
          1.160028,
          1.147134
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.025,
        "volume": 145513,
        "typical_volume": 706276.15,
        "trend": 1.05442,
        "fair_value": 1.43641,
        "relative_strength": -8.390516,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -25.858613,
        "energy": 23.134604,
        "activity_lines": [
          1.01918,
          1.047567,
          1.143682,
          1.146479
        ]
      }
    ],
    "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."
    }
  }
}