{
  "ticker": {
    "uuid": "348889e4-c076-4603-b257-b5c8ba11f992",
    "symbol": "XAIR",
    "name": "Beyond Air 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -68.465,
    "architecture_energy": 82.06,
    "architecture_maturity": 100.0,
    "architecture_confidence": 93.062,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 15.13,
        "rotation_up": 14.47,
        "upward_expansion": 19.76,
        "deceleration": 37.73,
        "rotation_down": 73.1,
        "downward_expansion": 95.43
      },
      "activity_lines": [
        5.525333,
        6.591836,
        7.823976,
        9.787662
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 5.36,
    "trend_reference": 13.5675,
    "distance_from_trend": -0.604938,
    "trend_direction": "Weakening",
    "fair_value": 272.239878,
    "distance_from_fair_value": -0.980311,
    "fair_value_direction": "Weakening",
    "relative_strength": -80.210017,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.766957,
    "excess_performance": -0.95441,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.604938,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.275898,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.980311,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.004534,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.8021,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.01623,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.766957,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.610855,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 569161,
      "relative_activity": 0.469759,
      "balance": 0.610855,
      "dry_up": 0.190938,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.393294,
      "annualized_volatility": 0.999512,
      "from_high_reference": -0.943933,
      "from_low_reference": 0.067729
    },
    "levels": {
      "trend_reference": 13.5675,
      "fair_value_reference": 272.239878,
      "structural_low": 5.02,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 45,
        "median_return": -0.097143,
        "positive_rate": 0.311111,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.114031,
        "regime_survival": 0.888889,
        "best_return": 1.06403,
        "worst_return": -0.542177,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 15,
        "median_return": -0.296609,
        "positive_rate": 0.266667,
        "directional_follow_through": 0.733333,
        "median_excess_return": -0.362231,
        "regime_survival": 0.8,
        "best_return": 0.574879,
        "worst_return": -0.534921,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.582861,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.677643,
        "regime_survival": 0.714286,
        "best_return": 0.309237,
        "worst_return": -0.751484,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.759409,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -1.076937,
        "regime_survival": 0.5,
        "best_return": -0.184739,
        "worst_return": -0.882866,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2022-02-18",
        "end": "2022-07-01",
        "tenure": "Established",
        "return": -0.006693,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2022-07-08",
        "end": "2022-07-29",
        "tenure": "New",
        "return": -0.157847,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2022-08-05",
        "end": "2022-09-09",
        "tenure": "Developing",
        "return": -0.017472,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2022-09-16",
        "end": "2022-10-14",
        "tenure": "Developing",
        "return": -0.36044,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2022-10-21",
        "end": "2022-12-02",
        "tenure": "Developing",
        "return": -0.084919,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2022-12-09",
        "end": "2023-01-27",
        "tenure": "Developing",
        "return": 0.138169,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-02-03",
        "end": "2023-03-03",
        "tenure": "Developing",
        "return": -0.192254,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-03-10",
        "end": "2023-03-24",
        "tenure": "New",
        "return": 0.026756,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-03-31",
        "end": "2023-05-12",
        "tenure": "Developing",
        "return": -0.173333,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-05-19",
        "end": "2024-02-23",
        "tenure": "Extended",
        "return": -0.697232,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-03-01",
        "end": "2024-04-19",
        "tenure": "Developing",
        "return": -0.378788,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-26",
        "end": "2024-11-22",
        "tenure": "Extended",
        "return": -0.536481,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-29",
        "end": "2025-02-28",
        "tenure": "Established",
        "return": -0.476117,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-07",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.949415,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1070.0,
        "volume": 2546763,
        "typical_volume": 2252026.4,
        "trend": 2141.333333,
        "fair_value": 2770.897436,
        "relative_strength": -62.921155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.823097,
        "energy": 67.18874,
        "activity_lines": [
          1293.733333,
          1429.527273,
          1723.6,
          1914.15914
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1092.0,
        "volume": 2301022,
        "typical_volume": 2295504.45,
        "trend": 2089.866667,
        "fair_value": 2763.589744,
        "relative_strength": -61.906094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.420404,
        "energy": 70.651805,
        "activity_lines": [
          1205.6,
          1338.727273,
          1641.638095,
          1846.460215
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1266.0,
        "volume": 2371255,
        "typical_volume": 2328615.0,
        "trend": 2035.666667,
        "fair_value": 2758.320513,
        "relative_strength": -56.389402,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.91477,
        "energy": 58.419996,
        "activity_lines": [
          1207.466667,
          1304.072727,
          1583.695238,
          1793.307527
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1260.0,
        "volume": 1004478,
        "typical_volume": 2281549.65,
        "trend": 1996.066667,
        "fair_value": 2753.320513,
        "relative_strength": -54.981001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.500955,
        "energy": 57.363074,
        "activity_lines": [
          1215.2,
          1278.981818,
          1530.67619,
          1743.264516
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1208.0,
        "volume": 1228963,
        "typical_volume": 2265460.7,
        "trend": 1955.133333,
        "fair_value": 2746.474359,
        "relative_strength": -55.562021,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.955926,
        "energy": 53.047666,
        "activity_lines": [
          1208.8,
          1252.509091,
          1477.752381,
          1692.421505
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1064.0,
        "volume": 1768854,
        "typical_volume": 2299967.85,
        "trend": 1913.933333,
        "fair_value": 2740.192308,
        "relative_strength": -58.536369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.119494,
        "energy": 61.540851,
        "activity_lines": [
          1170.4,
          1207.490909,
          1416.466667,
          1634.929032
        ]
      },
      {
        "date": "2023-09-29",
        "close": 924.0,
        "volume": 1829940,
        "typical_volume": 2315472.15,
        "trend": 1866.866667,
        "fair_value": 2732.371795,
        "relative_strength": -63.17569,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.651285,
        "energy": 81.426938,
        "activity_lines": [
          1085.733333,
          1145.090909,
          1347.809524,
          1571.062366
        ]
      },
      {
        "date": "2023-10-06",
        "close": 968.0,
        "volume": 1758494,
        "typical_volume": 2336324.9,
        "trend": 1819.4,
        "fair_value": 2724.423077,
        "relative_strength": -61.233077,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.510174,
        "energy": 81.350432,
        "activity_lines": [
          1026.933333,
          1102.472727,
          1289.571429,
          1513.070968
        ]
      },
      {
        "date": "2023-10-13",
        "close": 896.0,
        "volume": 1133302,
        "typical_volume": 2310626.55,
        "trend": 1762.866667,
        "fair_value": 2715.038462,
        "relative_strength": -63.503493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.459165,
        "energy": 85.355435,
        "activity_lines": [
          964.0,
          1054.327273,
          1230.87619,
          1453.496774
        ]
      },
      {
        "date": "2023-10-20",
        "close": 920.0,
        "volume": 1740817,
        "typical_volume": 2350479.3,
        "trend": 1711.666667,
        "fair_value": 2705.679487,
        "relative_strength": -60.563061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.470227,
        "energy": 72.698296,
        "activity_lines": [
          933.333333,
          1018.036364,
          1179.990476,
          1399.11828
        ]
      },
      {
        "date": "2023-10-27",
        "close": 880.0,
        "volume": 1003696,
        "typical_volume": 2331102.55,
        "trend": 1651.0,
        "fair_value": 2697.884615,
        "relative_strength": -60.410947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.175783,
        "energy": 66.210482,
        "activity_lines": [
          908.533333,
          984.072727,
          1131.085714,
          1345.462366
        ]
      },
      {
        "date": "2023-11-03",
        "close": 916.0,
        "volume": 1263692,
        "typical_volume": 2276866.95,
        "trend": 1593.0,
        "fair_value": 2689.576923,
        "relative_strength": -60.406749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.515335,
        "energy": 61.314211,
        "activity_lines": [
          908.0,
          960.109091,
          1092.647619,
          1298.043011
        ]
      },
      {
        "date": "2023-11-10",
        "close": 820.0,
        "volume": 1173777,
        "typical_volume": 1935732.45,
        "trend": 1539.666667,
        "fair_value": 2680.884615,
        "relative_strength": -64.858052,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.706058,
        "energy": 63.21537,
        "activity_lines": [
          876.0,
          921.890909,
          1052.32381,
          1248.172043
        ]
      },
      {
        "date": "2023-11-17",
        "close": 600.0,
        "volume": 4647706,
        "typical_volume": 2010496.85,
        "trend": 1482.333333,
        "fair_value": 2670.910256,
        "relative_strength": -74.261286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.789279,
        "energy": 73.799089,
        "activity_lines": [
          780.533333,
          851.781818,
          995.961905,
          1187.548387
        ]
      },
      {
        "date": "2023-11-24",
        "close": 640.0,
        "volume": 1754682,
        "typical_volume": 2013137.4,
        "trend": 1425.933333,
        "fair_value": 2661.5,
        "relative_strength": -72.197212,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.502185,
        "energy": 75.979504,
        "activity_lines": [
          718.133333,
          800.945455,
          948.666667,
          1133.204301
        ]
      },
      {
        "date": "2023-12-01",
        "close": 664.0,
        "volume": 912653,
        "typical_volume": 1977365.7,
        "trend": 1370.866667,
        "fair_value": 2651.346154,
        "relative_strength": -70.524512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.315027,
        "energy": 83.579625,
        "activity_lines": [
          682.4,
          764.8,
          908.361905,
          1084.047312
        ]
      },
      {
        "date": "2023-12-08",
        "close": 586.0,
        "volume": 1267531,
        "typical_volume": 1958125.7,
        "trend": 1316.0,
        "fair_value": 2641.333333,
        "relative_strength": -73.538278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.905473,
        "energy": 84.410103,
        "activity_lines": [
          635.066667,
          721.745455,
          864.647619,
          1033.410753
        ]
      },
      {
        "date": "2023-12-15",
        "close": 628.0,
        "volume": 1733900,
        "typical_volume": 1877540.65,
        "trend": 1259.866667,
        "fair_value": 2631.769231,
        "relative_strength": -71.842848,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.637783,
        "energy": 65.589665,
        "activity_lines": [
          623.733333,
          692.472727,
          829.628571,
          989.023656
        ]
      },
      {
        "date": "2023-12-22",
        "close": 852.0,
        "volume": 7008247,
        "typical_volume": 2097819.75,
        "trend": 1219.733333,
        "fair_value": 2623.871795,
        "relative_strength": -61.169079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.510035,
        "energy": 51.424857,
        "activity_lines": [
          699.866667,
          710.109091,
          819.542857,
          962.709677
        ]
      },
      {
        "date": "2023-12-29",
        "close": 784.0,
        "volume": 3244038,
        "typical_volume": 2084690.5,
        "trend": 1174.666667,
        "fair_value": 2615.384615,
        "relative_strength": -63.35037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.256078,
        "energy": 38.472352,
        "activity_lines": [
          736.533333,
          716.181818,
          805.152381,
          934.597849
        ]
      },
      {
        "date": "2024-01-05",
        "close": 704.0,
        "volume": 1560799,
        "typical_volume": 2035392.3,
        "trend": 1119.533333,
        "fair_value": 2604.205128,
        "relative_strength": -65.086058,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.660295,
        "energy": 31.016563,
        "activity_lines": [
          736.933333,
          710.181818,
          786.304762,
          904.232258
        ]
      },
      {
        "date": "2024-01-12",
        "close": 660.0,
        "volume": 1223552,
        "typical_volume": 1981518.8,
        "trend": 1060.2,
        "fair_value": 2592.487179,
        "relative_strength": -67.271955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.411527,
        "energy": 30.021861,
        "activity_lines": [
          720.0,
          699.381818,
          765.009524,
          874.584946
        ]
      },
      {
        "date": "2024-01-19",
        "close": 522.0,
        "volume": 1249592,
        "typical_volume": 1925435.65,
        "trend": 1015.866667,
        "fair_value": 2579.705128,
        "relative_strength": -73.974763,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.440908,
        "energy": 48.204599,
        "activity_lines": [
          652.133333,
          668.145455,
          732.628571,
          839.862366
        ]
      },
      {
        "date": "2024-01-26",
        "close": 572.0,
        "volume": 1126486,
        "typical_volume": 1931536.05,
        "trend": 978.133333,
        "fair_value": 2568.192308,
        "relative_strength": -70.760423,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.281475,
        "energy": 50.055305,
        "activity_lines": [
          608.0,
          651.418182,
          708.552381,
          811.225806
        ]
      },
      {
        "date": "2024-02-02",
        "close": 692.0,
        "volume": 3019730,
        "typical_volume": 2021074.4,
        "trend": 946.933333,
        "fair_value": 2556.346154,
        "relative_strength": -63.866091,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.818958,
        "energy": 43.828682,
        "activity_lines": [
          622.533333,
          657.018182,
          699.180952,
          792.765591
        ]
      },
      {
        "date": "2024-02-09",
        "close": 748.0,
        "volume": 2240522,
        "typical_volume": 2044657.8,
        "trend": 921.6,
        "fair_value": 2545.089744,
        "relative_strength": -60.553689,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.831623,
        "energy": 36.16198,
        "activity_lines": [
          661.866667,
          671.854545,
          697.6,
          779.931183
        ]
      },
      {
        "date": "2024-02-16",
        "close": 776.0,
        "volume": 2359437,
        "typical_volume": 2071132.65,
        "trend": 895.066667,
        "fair_value": 2532.807692,
        "relative_strength": -57.259733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.701553,
        "energy": 17.853037,
        "activity_lines": [
          707.6,
          690.254545,
          700.190476,
          770.537634
        ]
      },
      {
        "date": "2024-02-23",
        "close": 700.0,
        "volume": 1047249,
        "typical_volume": 2035570.4,
        "trend": 872.266667,
        "fair_value": 2522.089744,
        "relative_strength": -60.863545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.800882,
        "energy": 18.471073,
        "activity_lines": [
          720.266667,
          691.381818,
          696.247619,
          757.952688
        ]
      },
      {
        "date": "2024-03-01",
        "close": 792.0,
        "volume": 1275316,
        "typical_volume": 2042671.1,
        "trend": 855.066667,
        "fair_value": 2512.628205,
        "relative_strength": -55.323498,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.954467,
        "energy": 12.248607,
        "activity_lines": [
          751.733333,
          707.927273,
          702.342857,
          752.774194
        ]
      },
      {
        "date": "2024-03-08",
        "close": 704.0,
        "volume": 1133060,
        "typical_volume": 2012283.25,
        "trend": 830.266667,
        "fair_value": 2501.397436,
        "relative_strength": -58.33322,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.133034,
        "energy": 10.974959,
        "activity_lines": [
          739.2,
          709.563636,
          700.552381,
          743.027957
        ]
      },
      {
        "date": "2024-03-15",
        "close": 616.0,
        "volume": 1111687,
        "typical_volume": 2017682.8,
        "trend": 815.133333,
        "fair_value": 2490.269231,
        "relative_strength": -61.750849,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.581608,
        "energy": 18.603376,
        "activity_lines": [
          696.533333,
          696.654545,
          691.409524,
          729.204301
        ]
      },
      {
        "date": "2024-03-22",
        "close": 632.0,
        "volume": 1371893,
        "typical_volume": 2023092.85,
        "trend": 799.8,
        "fair_value": 2480.679487,
        "relative_strength": -60.568942,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.68506,
        "energy": 22.244332,
        "activity_lines": [
          668.0,
          688.254545,
          685.047619,
          717.389247
        ]
      },
      {
        "date": "2024-03-29",
        "close": 696.0,
        "volume": 1001818,
        "typical_volume": 2014494.9,
        "trend": 780.8,
        "fair_value": 2470.884615,
        "relative_strength": -54.668532,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.69599,
        "energy": 23.248674,
        "activity_lines": [
          670.4,
          692.0,
          686.133333,
          710.692473
        ]
      },
      {
        "date": "2024-04-05",
        "close": 656.0,
        "volume": 822038,
        "typical_volume": 1823211.5,
        "trend": 760.666667,
        "fair_value": 2459.833333,
        "relative_strength": -55.207267,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.51906,
        "energy": 27.35233,
        "activity_lines": [
          659.733333,
          685.309091,
          684.0,
          702.64086
        ]
      },
      {
        "date": "2024-04-12",
        "close": 576.0,
        "volume": 773815,
        "typical_volume": 1774168.15,
        "trend": 739.6,
        "fair_value": 2449.551282,
        "relative_strength": -58.969501,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.906518,
        "energy": 41.890754,
        "activity_lines": [
          631.466667,
          662.545455,
          673.980952,
          690.726882
        ]
      },
      {
        "date": "2024-04-19",
        "close": 492.0,
        "volume": 1561763,
        "typical_volume": 1806623.65,
        "trend": 720.533333,
        "fair_value": 2438.525641,
        "relative_strength": -61.526949,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -71.297948,
        "energy": 55.657951,
        "activity_lines": [
          583.733333,
          626.618182,
          656.266667,
          674.752688
        ]
      },
      {
        "date": "2024-04-26",
        "close": 466.0,
        "volume": 2234527,
        "typical_volume": 1854973.45,
        "trend": 705.266667,
        "fair_value": 2425.769231,
        "relative_strength": -63.533393,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.05426,
        "energy": 65.532486,
        "activity_lines": [
          535.6,
          590.618182,
          636.895238,
          658.331183
        ]
      },
      {
        "date": "2024-05-03",
        "close": 520.0,
        "volume": 2354749,
        "typical_volume": 1886015.9,
        "trend": 690.333333,
        "fair_value": 2415.820513,
        "relative_strength": -58.088011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.9101,
        "energy": 65.330359,
        "activity_lines": [
          516.533333,
          570.072727,
          623.238095,
          646.378495
        ]
      },
      {
        "date": "2024-05-10",
        "close": 460.0,
        "volume": 2073134,
        "typical_volume": 1639260.25,
        "trend": 675.8,
        "fair_value": 2405.871795,
        "relative_strength": -61.968411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.653203,
        "energy": 69.36674,
        "activity_lines": [
          489.2,
          541.890909,
          604.380952,
          631.51828
        ]
      },
      {
        "date": "2024-05-17",
        "close": 548.0,
        "volume": 1932330,
        "typical_volume": 1573674.85,
        "trend": 663.4,
        "fair_value": 2396.205128,
        "relative_strength": -53.814231,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.913687,
        "energy": 54.824217,
        "activity_lines": [
          504.266667,
          535.745455,
          595.771429,
          623.273118
        ]
      },
      {
        "date": "2024-05-24",
        "close": 442.0,
        "volume": 1958922,
        "typical_volume": 1593581.0,
        "trend": 648.8,
        "fair_value": 2386.346154,
        "relative_strength": -61.862129,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.578404,
        "energy": 49.796041,
        "activity_lines": [
          485.866667,
          513.163636,
          578.190476,
          608.989247
        ]
      },
      {
        "date": "2024-05-31",
        "close": 512.0,
        "volume": 1206065,
        "typical_volume": 1592706.65,
        "trend": 635.333333,
        "fair_value": 2377.038462,
        "relative_strength": -53.366606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.509496,
        "energy": 38.483666,
        "activity_lines": [
          494.133333,
          506.472727,
          568.52381,
          600.163441
        ]
      },
      {
        "date": "2024-06-07",
        "close": 468.0,
        "volume": 1168603,
        "typical_volume": 1588657.2,
        "trend": 623.6,
        "fair_value": 2365.910256,
        "relative_strength": -56.55209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.385523,
        "energy": 37.857661,
        "activity_lines": [
          484.666667,
          493.963636,
          555.371429,
          589.367742
        ]
      },
      {
        "date": "2024-06-14",
        "close": 500.0,
        "volume": 1350236,
        "typical_volume": 1599844.7,
        "trend": 620.266667,
        "fair_value": 2355.961538,
        "relative_strength": -52.963726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.810064,
        "energy": 36.949724,
        "activity_lines": [
          489.333333,
          491.418182,
          545.52381,
          581.393548
        ]
      },
      {
        "date": "2024-06-21",
        "close": 496.0,
        "volume": 1650782,
        "typical_volume": 1531397.3,
        "trend": 615.466667,
        "fair_value": 2340.807692,
        "relative_strength": -51.719156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.122708,
        "energy": 31.66604,
        "activity_lines": [
          490.0,
          490.981818,
          535.638095,
          573.376344
        ]
      },
      {
        "date": "2024-06-28",
        "close": 214.92,
        "volume": 25297547,
        "typical_volume": 2684248.55,
        "trend": 600.497333,
        "fair_value": 2326.108462,
        "relative_strength": -78.247423,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.827031,
        "energy": 64.119086,
        "activity_lines": [
          400.44,
          440.894545,
          499.91619,
          547.534624
        ]
      },
      {
        "date": "2024-07-05",
        "close": 236.0,
        "volume": 4813611,
        "typical_volume": 2806957.25,
        "trend": 588.830667,
        "fair_value": 2311.57,
        "relative_strength": -76.040935,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.235856,
        "energy": 77.349219,
        "activity_lines": [
          333.045333,
          399.677818,
          468.740381,
          524.018667
        ]
      },
      {
        "date": "2024-07-12",
        "close": 226.64,
        "volume": 3096626,
        "typical_volume": 2909426.1,
        "trend": 575.452,
        "fair_value": 2296.792051,
        "relative_strength": -76.107828,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.586797,
        "energy": 84.403844,
        "activity_lines": [
          280.930667,
          360.941091,
          439.244571,
          500.651527
        ]
      },
      {
        "date": "2024-07-19",
        "close": 227.08,
        "volume": 2208195,
        "typical_volume": 2956070.05,
        "trend": 554.621333,
        "fair_value": 2277.734872,
        "relative_strength": -74.104673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.158218,
        "energy": 87.375369,
        "activity_lines": [
          245.053333,
          327.618182,
          412.044762,
          478.175914
        ]
      },
      {
        "date": "2024-07-26",
        "close": 254.04,
        "volume": 2320693,
        "typical_volume": 3015451.7,
        "trend": 536.956,
        "fair_value": 2259.158205,
        "relative_strength": -69.274519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.917722,
        "energy": 85.74529,
        "activity_lines": [
          236.357333,
          303.432,
          390.102667,
          458.78357
        ]
      },
      {
        "date": "2024-08-02",
        "close": 212.8,
        "volume": 1470766,
        "typical_volume": 3033405.65,
        "trend": 520.582667,
        "fair_value": 2239.368462,
        "relative_strength": -72.540278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.2837,
        "energy": 84.98712,
        "activity_lines": [
          230.045333,
          277.092364,
          366.375619,
          437.87028
        ]
      },
      {
        "date": "2024-08-09",
        "close": 168.84,
        "volume": 2718860,
        "typical_volume": 3100754.0,
        "trend": 504.210667,
        "fair_value": 2220.399487,
        "relative_strength": -77.385018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.041195,
        "energy": 82.935015,
        "activity_lines": [
          209.221333,
          246.927273,
          340.381905,
          415.177204
        ]
      },
      {
        "date": "2024-08-16",
        "close": 189.2,
        "volume": 3196520,
        "typical_volume": 3210489.1,
        "trend": 493.117333,
        "fair_value": 2199.17641,
        "relative_strength": -75.221026,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.206644,
        "energy": 70.356828,
        "activity_lines": [
          199.661333,
          226.703273,
          318.532762,
          394.853935
        ]
      },
      {
        "date": "2024-08-23",
        "close": 185.6,
        "volume": 2531554,
        "typical_volume": 3295964.9,
        "trend": 480.237333,
        "fair_value": 2171.161026,
        "relative_strength": -75.161484,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.281964,
        "energy": 67.579157,
        "activity_lines": [
          191.397333,
          210.893818,
          298.754095,
          375.014108
        ]
      },
      {
        "date": "2024-08-30",
        "close": 176.8,
        "volume": 1368481,
        "typical_volume": 3325698.2,
        "trend": 463.064,
        "fair_value": 2145.704615,
        "relative_strength": -75.234603,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.420966,
        "energy": 68.621592,
        "activity_lines": [
          182.965333,
          199.200727,
          280.377333,
          355.437505
        ]
      },
      {
        "date": "2024-09-06",
        "close": 164.0,
        "volume": 672694,
        "typical_volume": 3281244.75,
        "trend": 443.597333,
        "fair_value": 2119.473846,
        "relative_strength": -74.625986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.934788,
        "energy": 64.458623,
        "activity_lines": [
          175.416,
          190.984,
          262.682476,
          336.143054
        ]
      },
      {
        "date": "2024-09-13",
        "close": 167.42,
        "volume": 1108551,
        "typical_volume": 3224945.95,
        "trend": 423.311333,
        "fair_value": 2090.777821,
        "relative_strength": -74.554457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.578777,
        "energy": 62.987215,
        "activity_lines": [
          172.26,
          184.314909,
          246.875238,
          318.325161
        ]
      },
      {
        "date": "2024-09-20",
        "close": 160.0,
        "volume": 785835,
        "typical_volume": 3146500.25,
        "trend": 405.311333,
        "fair_value": 2060.803462,
        "relative_strength": -75.121588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.125196,
        "energy": 62.207311,
        "activity_lines": [
          166.725333,
          177.543636,
          231.783143,
          301.337333
        ]
      },
      {
        "date": "2024-09-27",
        "close": 145.6,
        "volume": 3547181,
        "typical_volume": 3220202.6,
        "trend": 383.764667,
        "fair_value": 2034.531667,
        "relative_strength": -76.825466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.327402,
        "energy": 89.784756,
        "activity_lines": [
          158.337333,
          169.365818,
          217.033905,
          284.581763
        ]
      },
      {
        "date": "2024-10-04",
        "close": 168.8,
        "volume": 8110674,
        "typical_volume": 3529119.8,
        "trend": 365.924667,
        "fair_value": 2006.870128,
        "relative_strength": -72.200865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.872526,
        "energy": 82.921021,
        "activity_lines": [
          160.349333,
          166.887636,
          205.991333,
          270.713075
        ]
      },
      {
        "date": "2024-10-11",
        "close": 136.4,
        "volume": 4579952,
        "typical_volume": 3660171.3,
        "trend": 349.938,
        "fair_value": 1979.436795,
        "relative_strength": -77.034346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.095955,
        "energy": 77.138463,
        "activity_lines": [
          152.094667,
          160.068364,
          193.668762,
          255.905032
        ]
      },
      {
        "date": "2024-10-18",
        "close": 134.48,
        "volume": 2310807,
        "typical_volume": 3715408.4,
        "trend": 333.354,
        "fair_value": 1955.939872,
        "relative_strength": -76.531072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.9043,
        "energy": 71.914583,
        "activity_lines": [
          145.04,
          154.289091,
          182.618571,
          242.004516
        ]
      },
      {
        "date": "2024-10-25",
        "close": 160.76,
        "volume": 2332961,
        "typical_volume": 3773626.3,
        "trend": 315.512667,
        "fair_value": 1930.637051,
        "relative_strength": -70.910985,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.938268,
        "energy": 57.76639,
        "activity_lines": [
          148.941333,
          153.912727,
          175.868952,
          230.869419
        ]
      },
      {
        "date": "2024-11-01",
        "close": 196.04,
        "volume": 4933410,
        "typical_volume": 3952785.0,
        "trend": 300.180667,
        "fair_value": 1904.124487,
        "relative_strength": -62.595265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.448977,
        "energy": 42.996943,
        "activity_lines": [
          164.552,
          160.468,
          173.942381,
          223.161505
        ]
      },
      {
        "date": "2024-11-08",
        "close": 189.56,
        "volume": 1702642,
        "typical_volume": 3955378.0,
        "trend": 287.299333,
        "fair_value": 1870.980641,
        "relative_strength": -64.561374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.643024,
        "energy": 31.528139,
        "activity_lines": [
          174.64,
          165.655273,
          172.846095,
          216.024688
        ]
      },
      {
        "date": "2024-11-15",
        "close": 200.6,
        "volume": 3761871,
        "typical_volume": 2878594.2,
        "trend": 277.586,
        "fair_value": 1837.522949,
        "relative_strength": -60.318968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.17041,
        "energy": 23.632193,
        "activity_lines": [
          187.024,
          172.617818,
          174.260476,
          210.431183
        ]
      },
      {
        "date": "2024-11-22",
        "close": 216.0,
        "volume": 1809483,
        "typical_volume": 2728387.8,
        "trend": 269.252667,
        "fair_value": 1798.881923,
        "relative_strength": -57.055956,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.705134,
        "energy": 19.414784,
        "activity_lines": [
          200.261333,
          181.714909,
          177.209714,
          206.457892
        ]
      },
      {
        "date": "2024-11-29",
        "close": 206.0,
        "volume": 4338590,
        "typical_volume": 2790486.0,
        "trend": 258.786,
        "fair_value": 1765.535769,
        "relative_strength": -58.304924,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.967345,
        "energy": 16.995297,
        "activity_lines": [
          204.730667,
          188.110545,
          179.30181,
          202.377075
        ]
      },
      {
        "date": "2024-12-06",
        "close": 195.2,
        "volume": 5610744,
        "typical_volume": 2960613.45,
        "trend": 249.959333,
        "fair_value": 1744.966538,
        "relative_strength": -60.866853,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.738153,
        "energy": 14.699641,
        "activity_lines": [
          202.584,
          191.706182,
          180.463619,
          198.274753
        ]
      },
      {
        "date": "2024-12-13",
        "close": 186.0,
        "volume": 2730795,
        "typical_volume": 2981118.55,
        "trend": 237.892667,
        "fair_value": 1719.697308,
        "relative_strength": -62.064723,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.65684,
        "energy": 10.472396,
        "activity_lines": [
          197.426667,
          192.727273,
          180.901048,
          194.148344
        ]
      },
      {
        "date": "2024-12-20",
        "close": 161.24,
        "volume": 2605109,
        "typical_volume": 3037835.7,
        "trend": 228.534,
        "fair_value": 1695.628333,
        "relative_strength": -65.063977,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.865892,
        "energy": 18.378736,
        "activity_lines": [
          184.253333,
          188.933818,
          179.304381,
          189.203011
        ]
      },
      {
        "date": "2024-12-27",
        "close": 176.0,
        "volume": 19097016,
        "typical_volume": 3856743.5,
        "trend": 217.334,
        "fair_value": 1672.55141,
        "relative_strength": -60.869237,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.384554,
        "energy": 19.288024,
        "activity_lines": [
          178.624,
          187.372364,
          179.358952,
          185.81372
        ]
      },
      {
        "date": "2025-01-03",
        "close": 144.0,
        "volume": 10375763,
        "typical_volume": 4215705.65,
        "trend": 206.534,
        "fair_value": 1651.628333,
        "relative_strength": -66.613881,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.708468,
        "energy": 30.461501,
        "activity_lines": [
          164.994667,
          179.237818,
          176.33181,
          181.082495
        ]
      },
      {
        "date": "2025-01-10",
        "close": 154.8,
        "volume": 8946812,
        "typical_volume": 4536468.55,
        "trend": 195.027333,
        "fair_value": 1632.671923,
        "relative_strength": -62.152467,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.739381,
        "energy": 37.622795,
        "activity_lines": [
          159.098667,
          173.371636,
          174.548476,
          177.744817
        ]
      },
      {
        "date": "2025-01-17",
        "close": 167.0,
        "volume": 6337350,
        "typical_volume": 4784912.0,
        "trend": 184.060667,
        "fair_value": 1616.383462,
        "relative_strength": -59.411395,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.66249,
        "energy": 35.458534,
        "activity_lines": [
          159.962667,
          170.473455,
          174.073714,
          175.936602
        ]
      },
      {
        "date": "2025-01-24",
        "close": 173.6,
        "volume": 5889115,
        "typical_volume": 5045733.05,
        "trend": 182.683333,
        "fair_value": 1600.932179,
        "relative_strength": -57.365085,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.058516,
        "energy": 28.790116,
        "activity_lines": [
          164.293333,
          169.185455,
          174.27419,
          175.26172
        ]
      },
      {
        "date": "2025-01-31",
        "close": 153.28,
        "volume": 2474343,
        "typical_volume": 5114022.65,
        "trend": 179.926,
        "fair_value": 1583.145513,
        "relative_strength": -60.513723,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.353167,
        "energy": 26.118492,
        "activity_lines": [
          161.026667,
          164.693818,
          172.493714,
          173.364731
        ]
      },
      {
        "date": "2025-02-07",
        "close": 166.16,
        "volume": 6202081,
        "typical_volume": 5384834.95,
        "trend": 177.91,
        "fair_value": 1564.595256,
        "relative_strength": -55.635802,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.612635,
        "energy": 19.698645,
        "activity_lines": [
          163.568,
          163.684364,
          172.007238,
          172.476602
        ]
      },
      {
        "date": "2025-02-14",
        "close": 155.6,
        "volume": 14434619,
        "typical_volume": 5929206.85,
        "trend": 175.527333,
        "fair_value": 1546.438846,
        "relative_strength": -57.908932,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.063044,
        "energy": 21.548264,
        "activity_lines": [
          161.112,
          161.479273,
          170.485714,
          171.037247
        ]
      },
      {
        "date": "2025-02-21",
        "close": 140.12,
        "volume": 4428609,
        "typical_volume": 5745103.6,
        "trend": 171.73,
        "fair_value": 1525.362692,
        "relative_strength": -59.708778,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.140472,
        "energy": 33.183443,
        "activity_lines": [
          153.442667,
          157.179636,
          167.442286,
          168.752903
        ]
      },
      {
        "date": "2025-02-28",
        "close": 107.92,
        "volume": 8376476,
        "typical_volume": 5934929.8,
        "trend": 168.234,
        "fair_value": 1508.875,
        "relative_strength": -66.330967,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -69.510166,
        "energy": 54.057693,
        "activity_lines": [
          136.832,
          147.859636,
          161.468762,
          164.636129
        ]
      },
      {
        "date": "2025-03-07",
        "close": 105.96,
        "volume": 4491931,
        "typical_volume": 6043986.0,
        "trend": 166.138,
        "fair_value": 1492.297821,
        "relative_strength": -64.321085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.132728,
        "energy": 66.024422,
        "activity_lines": [
          123.946667,
          139.152727,
          155.44419,
          160.618452
        ]
      },
      {
        "date": "2025-03-14",
        "close": 107.44,
        "volume": 4203910,
        "typical_volume": 6137533.45,
        "trend": 163.412667,
        "fair_value": 1475.627564,
        "relative_strength": -61.428928,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.121668,
        "energy": 69.108199,
        "activity_lines": [
          114.709333,
          131.988364,
          149.696381,
          156.831484
        ]
      },
      {
        "date": "2025-03-21",
        "close": 107.28,
        "volume": 10960632,
        "typical_volume": 6438894.55,
        "trend": 160.802,
        "fair_value": 1459.135769,
        "relative_strength": -59.99203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.879631,
        "energy": 69.473592,
        "activity_lines": [
          109.333333,
          125.459636,
          144.187238,
          153.210022
        ]
      },
      {
        "date": "2025-03-28",
        "close": 108.84,
        "volume": 4605069,
        "typical_volume": 6584015.9,
        "trend": 158.536667,
        "fair_value": 1442.730897,
        "relative_strength": -56.42267,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.845829,
        "energy": 64.5647,
        "activity_lines": [
          107.698667,
          120.078545,
          139.249333,
          149.857634
        ]
      },
      {
        "date": "2025-04-04",
        "close": 96.64,
        "volume": 5374827,
        "typical_volume": 6664663.7,
        "trend": 156.291333,
        "fair_value": 1425.606795,
        "relative_strength": -55.008949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.841453,
        "energy": 61.047117,
        "activity_lines": [
          104.082667,
          113.536727,
          133.533905,
          145.864301
        ]
      },
      {
        "date": "2025-04-11",
        "close": 94.48,
        "volume": 4075765,
        "typical_volume": 6777977.8,
        "trend": 153.86,
        "fair_value": 1409.263718,
        "relative_strength": -57.284781,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.218992,
        "energy": 57.818145,
        "activity_lines": [
          100.498667,
          108.001455,
          128.10781,
          141.876473
        ]
      },
      {
        "date": "2025-04-18",
        "close": 95.84,
        "volume": 2785575,
        "typical_volume": 6700327.05,
        "trend": 151.721333,
        "fair_value": 1391.955,
        "relative_strength": -53.883189,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.178259,
        "energy": 59.673883,
        "activity_lines": [
          98.133333,
          103.782545,
          123.389905,
          138.133247
        ]
      },
      {
        "date": "2025-04-25",
        "close": 87.08,
        "volume": 39188148,
        "typical_volume": 8379197.25,
        "trend": 149.770667,
        "fair_value": 1377.231154,
        "relative_strength": -59.103433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.669313,
        "energy": 64.574736,
        "activity_lines": [
          93.621333,
          99.249455,
          118.362286,
          133.962839
        ]
      },
      {
        "date": "2025-05-02",
        "close": 81.32,
        "volume": 13271787,
        "typical_volume": 8906246.85,
        "trend": 146.854667,
        "fair_value": 1361.931923,
        "relative_strength": -61.373482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.896244,
        "energy": 67.738958,
        "activity_lines": [
          88.536,
          94.914909,
          113.300952,
          129.546667
        ]
      },
      {
        "date": "2025-05-09",
        "close": 78.44,
        "volume": 6530344,
        "typical_volume": 9102508.6,
        "trend": 144.922667,
        "fair_value": 1349.152692,
        "relative_strength": -61.138076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.183839,
        "energy": 71.986658,
        "activity_lines": [
          84.325333,
          91.125818,
          108.46381,
          125.132817
        ]
      },
      {
        "date": "2025-05-16",
        "close": 72.8,
        "volume": 9901339,
        "typical_volume": 8642724.75,
        "trend": 142.866667,
        "fair_value": 1333.696282,
        "relative_strength": -64.466439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.04809,
        "energy": 82.903347,
        "activity_lines": [
          79.448,
          86.847273,
          103.48381,
          120.479742
        ]
      },
      {
        "date": "2025-05-23",
        "close": 76.0,
        "volume": 5494204,
        "typical_volume": 8398646.8,
        "trend": 140.041333,
        "fair_value": 1319.439872,
        "relative_strength": -60.418428,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.355209,
        "energy": 79.355209,
        "activity_lines": [
          77.082667,
          83.753455,
          99.3,
          116.165763
        ]
      },
      {
        "date": "2025-05-30",
        "close": 72.96,
        "volume": 6196448,
        "typical_volume": 8261128.6,
        "trend": 135.938667,
        "fair_value": 1304.830641,
        "relative_strength": -60.715853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.377283,
        "energy": 82.552731,
        "activity_lines": [
          75.026667,
          80.678545,
          95.150476,
          111.837935
        ]
      },
      {
        "date": "2025-06-06",
        "close": 75.96,
        "volume": 5240031,
        "typical_volume": 8206262.65,
        "trend": 132.152,
        "fair_value": 1291.702179,
        "relative_strength": -57.960628,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.802962,
        "energy": 78.009555,
        "activity_lines": [
          74.912,
          78.773091,
          91.676381,
          107.968344
        ]
      },
      {
        "date": "2025-06-13",
        "close": 71.16,
        "volume": 13401742,
        "typical_volume": 8581894.0,
        "trend": 127.837333,
        "fair_value": 1277.927564,
        "relative_strength": -58.241583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.486323,
        "energy": 59.897443,
        "activity_lines": [
          73.554667,
          76.592727,
          88.178667,
          104.033376
        ]
      },
      {
        "date": "2025-06-20",
        "close": 92.72,
        "volume": 69771367,
        "typical_volume": 11946745.2,
        "trend": 123.728,
        "fair_value": 1261.880897,
        "relative_strength": -42.631242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.477677,
        "energy": 41.068182,
        "activity_lines": [
          79.869333,
          78.795636,
          87.222095,
          101.767742
        ]
      },
      {
        "date": "2025-06-27",
        "close": 64.0,
        "volume": 18434234,
        "typical_volume": 12558352.85,
        "trend": 118.994667,
        "fair_value": 1243.265513,
        "relative_strength": -61.16656,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.073929,
        "energy": 49.170809,
        "activity_lines": [
          75.282667,
          75.808727,
          83.818667,
          97.914323
        ]
      },
      {
        "date": "2025-07-04",
        "close": 71.6,
        "volume": 4832360,
        "typical_volume": 12078239.9,
        "trend": 114.874667,
        "fair_value": 1215.621923,
        "relative_strength": -56.211095,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.182888,
        "energy": 45.481348,
        "activity_lines": [
          74.029333,
          74.782545,
          81.625524,
          94.856602
        ]
      },
      {
        "date": "2025-07-11",
        "close": 69.04,
        "volume": 10560633,
        "typical_volume": 12384841.1,
        "trend": 110.976,
        "fair_value": 1191.038846,
        "relative_strength": -56.670422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.809259,
        "energy": 43.354224,
        "activity_lines": [
          72.013333,
          73.572364,
          79.588571,
          91.899527
        ]
      },
      {
        "date": "2025-07-18",
        "close": 65.2,
        "volume": 912865,
        "typical_volume": 12011660.55,
        "trend": 107.774667,
        "fair_value": 1168.379872,
        "relative_strength": -58.585928,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.052047,
        "energy": 48.657485,
        "activity_lines": [
          69.178667,
          71.887273,
          77.524381,
          88.946237
        ]
      },
      {
        "date": "2025-07-25",
        "close": 64.0,
        "volume": 5746759,
        "typical_volume": 12074401.95,
        "trend": 104.041333,
        "fair_value": 1145.123462,
        "relative_strength": -58.465483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.101902,
        "energy": 46.263209,
        "activity_lines": [
          66.341333,
          70.224727,
          75.549333,
          86.122065
        ]
      },
      {
        "date": "2025-08-01",
        "close": 57.2,
        "volume": 557677,
        "typical_volume": 11892090.3,
        "trend": 101.148,
        "fair_value": 1120.54141,
        "relative_strength": -61.011898,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.217885,
        "energy": 50.139773,
        "activity_lines": [
          63.152,
          67.485818,
          73.126476,
          83.100043
        ]
      },
      {
        "date": "2025-08-08",
        "close": 60.0,
        "volume": 640558,
        "typical_volume": 11376086.6,
        "trend": 97.988,
        "fair_value": 1093.105513,
        "relative_strength": -59.778889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.226797,
        "energy": 48.665077,
        "activity_lines": [
          61.349333,
          65.597818,
          71.209524,
          80.445333
        ]
      },
      {
        "date": "2025-08-15",
        "close": 46.4,
        "volume": 1866100,
        "typical_volume": 11239138.15,
        "trend": 93.968,
        "fair_value": 1068.326026,
        "relative_strength": -68.294169,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.437099,
        "energy": 61.344583,
        "activity_lines": [
          55.786667,
          61.472727,
          68.222476,
          77.117075
        ]
      },
      {
        "date": "2025-08-22",
        "close": 45.0,
        "volume": 737172,
        "typical_volume": 11007255.4,
        "trend": 89.681333,
        "fair_value": 1044.127308,
        "relative_strength": -68.214203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.791643,
        "energy": 66.196616,
        "activity_lines": [
          51.266667,
          57.630545,
          65.399429,
          73.957849
        ]
      },
      {
        "date": "2025-08-29",
        "close": 44.4,
        "volume": 272720,
        "typical_volume": 10817103.15,
        "trend": 86.052,
        "fair_value": 1019.873462,
        "relative_strength": -67.812842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.441035,
        "energy": 67.140582,
        "activity_lines": [
          47.893333,
          54.154909,
          62.765143,
          71.036473
        ]
      },
      {
        "date": "2025-09-05",
        "close": 44.2,
        "volume": 652476,
        "typical_volume": 10710448.2,
        "trend": 81.986667,
        "fair_value": 995.643974,
        "relative_strength": -67.52156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.596194,
        "energy": 64.616673,
        "activity_lines": [
          45.76,
          51.521455,
          60.350286,
          68.336344
        ]
      },
      {
        "date": "2025-09-12",
        "close": 48.6,
        "volume": 174888619,
        "typical_volume": 17495471.75,
        "trend": 78.42,
        "fair_value": 972.622179,
        "relative_strength": -64.141649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.450415,
        "energy": 45.573816,
        "activity_lines": [
          45.96,
          50.048,
          58.600381,
          66.182366
        ]
      },
      {
        "date": "2025-09-19",
        "close": 44.6,
        "volume": 1558205,
        "typical_volume": 16909792.65,
        "trend": 75.236,
        "fair_value": 952.010641,
        "relative_strength": -67.079721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.496215,
        "energy": 46.896111,
        "activity_lines": [
          45.586667,
          48.265455,
          56.652762,
          64.00043
        ]
      },
      {
        "date": "2025-09-26",
        "close": 49.2,
        "volume": 1193051,
        "typical_volume": 16642928.0,
        "trend": 73.278667,
        "fair_value": 933.249103,
        "relative_strength": -62.83135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.343159,
        "energy": 42.585401,
        "activity_lines": [
          46.866667,
          47.763636,
          55.318095,
          62.320688
        ]
      },
      {
        "date": "2025-10-03",
        "close": 48.6,
        "volume": 854965,
        "typical_volume": 16190609.3,
        "trend": 71.366667,
        "fair_value": 915.022179,
        "relative_strength": -62.862858,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.744231,
        "energy": 33.816562,
        "activity_lines": [
          47.666667,
          47.443636,
          54.065524,
          60.728516
        ]
      },
      {
        "date": "2025-10-10",
        "close": 50.8,
        "volume": 1669841,
        "typical_volume": 15999391.15,
        "trend": 69.478667,
        "fair_value": 900.424744,
        "relative_strength": -59.594115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.549726,
        "energy": 30.163926,
        "activity_lines": [
          48.92,
          47.803636,
          53.137714,
          59.401634
        ]
      },
      {
        "date": "2025-10-17",
        "close": 47.2,
        "volume": 1108920,
        "typical_volume": 15745014.75,
        "trend": 67.476,
        "fair_value": 883.214487,
        "relative_strength": -62.697772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.083996,
        "energy": 27.837323,
        "activity_lines": [
          48.533333,
          47.625455,
          51.987048,
          57.964301
        ]
      },
      {
        "date": "2025-10-24",
        "close": 42.8,
        "volume": 1444018,
        "typical_volume": 15555214.1,
        "trend": 65.274667,
        "fair_value": 865.745256,
        "relative_strength": -66.09747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.75434,
        "energy": 36.219681,
        "activity_lines": [
          46.773333,
          46.88,
          50.54,
          56.372301
        ]
      },
      {
        "date": "2025-10-31",
        "close": 41.2,
        "volume": 542780,
        "typical_volume": 14912266.0,
        "trend": 63.426667,
        "fair_value": 849.060641,
        "relative_strength": -66.932575,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.307065,
        "energy": 39.642703,
        "activity_lines": [
          44.6,
          45.909091,
          49.098476,
          54.819097
        ]
      },
      {
        "date": "2025-11-07",
        "close": 35.2,
        "volume": 20809820,
        "typical_volume": 12464188.65,
        "trend": 61.450667,
        "fair_value": 833.388846,
        "relative_strength": -69.939214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.914164,
        "energy": 53.617348,
        "activity_lines": [
          40.96,
          43.916364,
          47.22819,
          52.998022
        ]
      },
      {
        "date": "2025-11-14",
        "close": 27.6,
        "volume": 1524305,
        "typical_volume": 11618692.2,
        "trend": 59.176,
        "fair_value": 818.668333,
        "relative_strength": -75.510769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.253784,
        "energy": 76.961526,
        "activity_lines": [
          35.68,
          40.709091,
          44.908,
          50.814108
        ]
      },
      {
        "date": "2025-11-21",
        "close": 26.2,
        "volume": 633182,
        "typical_volume": 11408733.3,
        "trend": 57.146667,
        "fair_value": 803.605513,
        "relative_strength": -75.013472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.414785,
        "energy": 82.313093,
        "activity_lines": [
          31.48,
          37.549091,
          42.62781,
          48.686624
        ]
      },
      {
        "date": "2025-11-28",
        "close": 27.0,
        "volume": 249192,
        "typical_volume": 10893161.25,
        "trend": 55.336,
        "fair_value": 787.752949,
        "relative_strength": -74.461519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.662973,
        "energy": 81.119668,
        "activity_lines": [
          28.946667,
          34.941818,
          40.64,
          46.741677
        ]
      },
      {
        "date": "2025-12-05",
        "close": 23.0,
        "volume": 783739,
        "typical_volume": 10886704.95,
        "trend": 53.488,
        "fair_value": 773.054231,
        "relative_strength": -77.614538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.519754,
        "energy": 82.067909,
        "activity_lines": [
          26.133333,
          31.927273,
          38.471429,
          44.655484
        ]
      },
      {
        "date": "2025-12-12",
        "close": 21.2,
        "volume": 446333,
        "typical_volume": 10621683.65,
        "trend": 51.768,
        "fair_value": 757.369615,
        "relative_strength": -78.154592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.09015,
        "energy": 91.430832,
        "activity_lines": [
          23.933333,
          29.061818,
          36.332381,
          42.572387
        ]
      },
      {
        "date": "2025-12-19",
        "close": 18.236,
        "volume": 789314,
        "typical_volume": 10633265.5,
        "trend": 49.842533,
        "fair_value": 741.486513,
        "relative_strength": -80.647368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.654922,
        "energy": 92.118981,
        "activity_lines": [
          21.678667,
          26.155636,
          34.114857,
          40.409032
        ]
      },
      {
        "date": "2025-12-26",
        "close": 15.044,
        "volume": 533764,
        "typical_volume": 10627925.8,
        "trend": 47.912,
        "fair_value": 724.941923,
        "relative_strength": -83.580885,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.722687,
        "energy": 93.155782,
        "activity_lines": [
          18.984267,
          23.261164,
          31.778876,
          38.163966
        ]
      },
      {
        "date": "2026-01-02",
        "close": 15.778,
        "volume": 572135,
        "typical_volume": 10563227.55,
        "trend": 45.905933,
        "fair_value": 709.427679,
        "relative_strength": -81.876065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.348089,
        "energy": 90.075785,
        "activity_lines": [
          17.278267,
          21.0848,
          29.726876,
          36.090804
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.678,
        "volume": 938265,
        "typical_volume": 10573282.2,
        "trend": 44.1232,
        "fair_value": 691.925615,
        "relative_strength": -79.353121,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.871501,
        "energy": 74.131958,
        "activity_lines": [
          16.953733,
          19.7452,
          28.001648,
          34.269647
        ]
      },
      {
        "date": "2026-01-16",
        "close": 34.0,
        "volume": 434912598,
        "typical_volume": 32305276.1,
        "trend": 42.165867,
        "fair_value": 674.78459,
        "relative_strength": -58.381676,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.138926,
        "energy": 44.785622,
        "activity_lines": [
          22.424667,
          21.800909,
          27.961,
          33.616538
        ]
      },
      {
        "date": "2026-01-23",
        "close": 32.4,
        "volume": 7068262,
        "typical_volume": 32626065.4,
        "trend": 41.112533,
        "fair_value": 658.094846,
        "relative_strength": -58.760221,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.211225,
        "energy": 25.951317,
        "activity_lines": [
          26.508933,
          23.587527,
          27.817495,
          32.986482
        ]
      },
      {
        "date": "2026-01-30",
        "close": 23.8,
        "volume": 2098601,
        "typical_volume": 23986564.5,
        "trend": 39.5192,
        "fair_value": 639.708949,
        "relative_strength": -68.43002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.136299,
        "energy": 25.41649,
        "activity_lines": [
          26.782267,
          23.723236,
          26.911133,
          31.869544
        ]
      },
      {
        "date": "2026-02-06",
        "close": 23.0,
        "volume": 1402014,
        "typical_volume": 23978754.95,
        "trend": 37.984533,
        "fair_value": 624.164077,
        "relative_strength": -67.424372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.342233,
        "energy": 27.32312,
        "activity_lines": [
          26.2052,
          23.757127,
          26.046676,
          30.803789
        ]
      },
      {
        "date": "2026-02-13",
        "close": 21.0,
        "volume": 1763201,
        "typical_volume": 24007262.45,
        "trend": 36.5112,
        "fair_value": 608.683308,
        "relative_strength": -68.539266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.001581,
        "energy": 26.028362,
        "activity_lines": [
          24.48,
          23.500109,
          25.0946,
          29.708013
        ]
      },
      {
        "date": "2026-02-20",
        "close": 20.2,
        "volume": 1215360,
        "typical_volume": 24025282.2,
        "trend": 35.0512,
        "fair_value": 594.069205,
        "relative_strength": -68.811952,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.951115,
        "energy": 40.04089,
        "activity_lines": [
          22.266667,
          23.134,
          24.200619,
          28.655677
        ]
      },
      {
        "date": "2026-02-27",
        "close": 19.222,
        "volume": 932496,
        "typical_volume": 23988414.95,
        "trend": 33.785267,
        "fair_value": 579.218064,
        "relative_strength": -69.236785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.604708,
        "energy": 43.032668,
        "activity_lines": [
          20.647333,
          22.608255,
          23.348733,
          27.634439
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.178,
        "volume": 1066945,
        "typical_volume": 23986316.2,
        "trend": 32.324533,
        "fair_value": 563.988436,
        "relative_strength": -72.819937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.89742,
        "energy": 54.837574,
        "activity_lines": [
          18.891867,
          21.511127,
          22.357314,
          26.498486
        ]
      },
      {
        "date": "2026-03-13",
        "close": 16.4,
        "volume": 521518,
        "typical_volume": 23940191.2,
        "trend": 31.324533,
        "fair_value": 547.478179,
        "relative_strength": -71.059615,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.335236,
        "energy": 58.442976,
        "activity_lines": [
          17.718533,
          20.433745,
          21.534762,
          25.471097
        ]
      },
      {
        "date": "2026-03-20",
        "close": 15.778,
        "volume": 1871903,
        "typical_volume": 24006647.35,
        "trend": 30.350467,
        "fair_value": 531.835731,
        "relative_strength": -70.424853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.4498,
        "energy": 56.597578,
        "activity_lines": [
          16.777867,
          19.231964,
          20.778686,
          24.468095
        ]
      },
      {
        "date": "2026-03-27",
        "close": 14.446,
        "volume": 594441,
        "typical_volume": 22995878.4,
        "trend": 29.352,
        "fair_value": 514.620641,
        "relative_strength": -70.746654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.090033,
        "energy": 55.233646,
        "activity_lines": [
          15.741333,
          17.822545,
          20.01681,
          23.442
        ]
      },
      {
        "date": "2026-04-03",
        "close": 14.192,
        "volume": 1083388,
        "typical_volume": 22973832.55,
        "trend": 28.351733,
        "fair_value": 497.685974,
        "relative_strength": -71.058626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.003751,
        "energy": 46.699872,
        "activity_lines": [
          15.003733,
          16.722473,
          19.329571,
          22.463935
        ]
      },
      {
        "date": "2026-04-10",
        "close": 15.76,
        "volume": 953770,
        "typical_volume": 22989861.95,
        "trend": 27.257067,
        "fair_value": 482.274179,
        "relative_strength": -67.883979,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.595288,
        "energy": 41.814562,
        "activity_lines": [
          15.124133,
          16.238545,
          18.855514,
          21.651566
        ]
      },
      {
        "date": "2026-04-17",
        "close": 10.88,
        "volume": 5320342,
        "typical_volume": 23243419.45,
        "trend": 26.133067,
        "fair_value": 467.472128,
        "relative_strength": -78.068714,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.522634,
        "energy": 70.744842,
        "activity_lines": [
          13.645733,
          15.013527,
          17.96641,
          20.594981
        ]
      },
      {
        "date": "2026-04-24",
        "close": 10.2,
        "volume": 1689449,
        "typical_volume": 23288704.95,
        "trend": 24.833067,
        "fair_value": 452.588795,
        "relative_strength": -78.985374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.737318,
        "energy": 82.162711,
        "activity_lines": [
          12.308667,
          13.885236,
          17.089305,
          19.567041
        ]
      },
      {
        "date": "2026-05-01",
        "close": 10.28,
        "volume": 765202,
        "typical_volume": 23304648.4,
        "trend": 23.555733,
        "fair_value": 437.808538,
        "relative_strength": -78.276255,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.624747,
        "energy": 87.288962,
        "activity_lines": [
          11.370133,
          12.967855,
          16.280771,
          18.628133
        ]
      },
      {
        "date": "2026-05-08",
        "close": 10.26,
        "volume": 1554607,
        "typical_volume": 23342913.05,
        "trend": 22.2044,
        "fair_value": 423.566615,
        "relative_strength": -78.587016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.636282,
        "energy": 87.325941,
        "activity_lines": [
          10.702667,
          12.2272,
          15.522333,
          17.770344
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9.958,
        "volume": 1641191,
        "typical_volume": 23398284.4,
        "trend": 20.963,
        "fair_value": 408.809936,
        "relative_strength": -78.371565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.013383,
        "energy": 85.53166,
        "activity_lines": [
          10.196667,
          11.594582,
          14.773114,
          16.980254
        ]
      },
      {
        "date": "2026-05-22",
        "close": 8.02,
        "volume": 1237243,
        "typical_volume": 23431539.8,
        "trend": 19.803667,
        "fair_value": 395.681859,
        "relative_strength": -82.053215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.538099,
        "energy": 85.381017,
        "activity_lines": [
          9.431467,
          10.722691,
          13.863543,
          16.145222
        ]
      },
      {
        "date": "2026-05-29",
        "close": 9.2,
        "volume": 1129764,
        "typical_volume": 23441114.75,
        "trend": 18.737,
        "fair_value": 382.048526,
        "relative_strength": -79.164408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.114091,
        "energy": 64.511528,
        "activity_lines": [
          9.250267,
          10.217709,
          13.103295,
          15.461114
        ]
      },
      {
        "date": "2026-06-05",
        "close": 8.256,
        "volume": 843509,
        "typical_volume": 1737660.3,
        "trend": 17.838867,
        "fair_value": 366.986064,
        "relative_strength": -79.551551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.757613,
        "energy": 66.242511,
        "activity_lines": [
          8.821067,
          9.660691,
          12.293514,
          14.78492
        ]
      },
      {
        "date": "2026-06-12",
        "close": 7.42,
        "volume": 1124975,
        "typical_volume": 1440495.95,
        "trend": 17.1662,
        "fair_value": 351.392603,
        "relative_strength": -81.248176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.05536,
        "energy": 66.844918,
        "activity_lines": [
          8.248133,
          9.064218,
          11.526705,
          14.112735
        ]
      },
      {
        "date": "2026-06-19",
        "close": 7.2,
        "volume": 937088,
        "typical_volume": 1382420.3,
        "trend": 16.532867,
        "fair_value": 339.566962,
        "relative_strength": -81.176294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.903004,
        "energy": 65.658808,
        "activity_lines": [
          7.7912,
          8.550873,
          10.857895,
          13.469755
        ]
      },
      {
        "date": "2026-06-26",
        "close": 9.9,
        "volume": 2878599,
        "typical_volume": 1456249.55,
        "trend": 15.962867,
        "fair_value": 328.707346,
        "relative_strength": -71.816358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.036968,
        "energy": 55.808067,
        "activity_lines": [
          8.418133,
          8.684073,
          10.525276,
          13.041828
        ]
      },
      {
        "date": "2026-07-03",
        "close": 9.36,
        "volume": 892057,
        "typical_volume": 1412692.35,
        "trend": 15.5082,
        "fair_value": 318.331449,
        "relative_strength": -72.339201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.432409,
        "energy": 45.763091,
        "activity_lines": [
          8.739733,
          8.736909,
          10.20361,
          12.615837
        ]
      },
      {
        "date": "2026-07-10",
        "close": 8.34,
        "volume": 661038,
        "typical_volume": 1384976.25,
        "trend": 15.079533,
        "fair_value": 308.718244,
        "relative_strength": -74.625333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.090813,
        "energy": 41.741481,
        "activity_lines": [
          8.710667,
          8.619564,
          9.840229,
          12.153372
        ]
      },
      {
        "date": "2026-07-17",
        "close": 5.58,
        "volume": 216739,
        "typical_volume": 1349188.4,
        "trend": 14.657667,
        "fair_value": 298.67709,
        "relative_strength": -81.429973,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.84744,
        "energy": 57.21747,
        "activity_lines": [
          7.756,
          8.035673,
          9.270467,
          11.540499
        ]
      },
      {
        "date": "2026-07-24",
        "close": 5.16,
        "volume": 63748,
        "typical_volume": 1299028.55,
        "trend": 14.3282,
        "fair_value": 289.838372,
        "relative_strength": -81.686283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.329946,
        "energy": 72.88013,
        "activity_lines": [
          6.784,
          7.460509,
          8.725667,
          10.927746
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5.275,
        "volume": 75715,
        "typical_volume": 1276738.4,
        "trend": 13.9781,
        "fair_value": 281.487571,
        "relative_strength": -80.506642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.14556,
        "energy": 83.060773,
        "activity_lines": [
          5.986333,
          6.993491,
          8.244286,
          10.343669
        ]
      },
      {
        "date": "2026-08-07",
        "close": 5.36,
        "volume": 569161,
        "typical_volume": 1211601.3,
        "trend": 13.5675,
        "fair_value": 272.239878,
        "relative_strength": -80.210017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.465004,
        "energy": 82.059624,
        "activity_lines": [
          5.525333,
          6.591836,
          7.823976,
          9.787662
        ]
      }
    ],
    "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."
    }
  }
}