{
  "ticker": {
    "uuid": "43d87033-7803-41b4-bdc3-2625c9228c49",
    "symbol": "600791",
    "name": "BEH-Property Co.,Ltd.",
    "exchange": "SHH",
    "country": "CN",
    "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": "000001.SS",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 49.869,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -39.689,
    "architecture_energy": 67.232,
    "architecture_maturity": 28.0,
    "architecture_confidence": 67.455,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 19.87,
        "rotation_up": 16.59,
        "upward_expansion": 23.39,
        "deceleration": 44.86,
        "rotation_down": 73.77,
        "downward_expansion": 65.05
      },
      "activity_lines": [
        6.852,
        7.805636,
        10.113952,
        10.295398
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 7.26,
    "trend_reference": 9.769333,
    "distance_from_trend": -0.256858,
    "trend_direction": "Improving",
    "fair_value": 5.379231,
    "distance_from_fair_value": 0.349635,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.985145,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.188216,
    "excess_performance": 0.23142,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.256858,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.156545,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.349635,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.596768,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.049851,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -1.168358,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.188216,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.855079,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 83151870,
      "relative_activity": 0.920579,
      "balance": 0.855079,
      "dry_up": 0.93966,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.260542,
      "annualized_volatility": 0.81731,
      "from_high_reference": -0.59396,
      "from_low_reference": 0.602649
    },
    "levels": {
      "trend_reference": 9.769333,
      "fair_value_reference": 5.379231,
      "structural_low": 5.62,
      "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": 4,
        "median_return": 0.138039,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.144391,
        "regime_survival": 0.25,
        "best_return": 0.341053,
        "worst_return": -0.021177,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.08,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.121134,
        "regime_survival": 0.0,
        "best_return": 1.621053,
        "worst_return": 0.070588,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.052115,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.101731,
        "regime_survival": 0.333333,
        "best_return": 0.4,
        "worst_return": -0.207059,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.1484,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.07098,
        "regime_survival": 0.0,
        "best_return": -0.1484,
        "worst_return": -0.1484,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-04",
        "end": "2024-10-25",
        "tenure": "New",
        "return": -0.034884,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-01",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": -0.161638,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": 0.086387,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-14",
        "end": "2025-06-06",
        "tenure": "Established",
        "return": 0.093897,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.017391,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-04",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": 0.010571,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": 0.027132,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-14",
        "end": "2025-12-19",
        "tenure": "Developing",
        "return": -0.108499,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-26",
        "end": "2026-01-02",
        "tenure": "New",
        "return": -0.016807,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-01-09",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.04,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-01-30",
        "tenure": "New",
        "return": 0.12523,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-06",
        "end": "2026-06-19",
        "tenure": "Established",
        "return": 0.538462,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-26",
        "end": "2026-07-10",
        "tenure": "New",
        "return": -0.228251,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.091729,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 5.16,
        "volume": 118620518,
        "typical_volume": 50024220.6,
        "trend": 4.543479,
        "fair_value": 4.214064,
        "relative_strength": 10.492158,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.190997,
        "energy": 54.211966,
        "activity_lines": [
          4.813959,
          4.65062,
          4.492846,
          4.496574
        ]
      },
      {
        "date": "2023-08-04",
        "close": 5.57,
        "volume": 132002361,
        "typical_volume": 55220833.65,
        "trend": 4.570222,
        "fair_value": 4.224254,
        "relative_strength": 18.177341,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 60.013529,
        "energy": 70.763144,
        "activity_lines": [
          5.094318,
          4.839551,
          4.602808,
          4.562801
        ]
      },
      {
        "date": "2023-08-11",
        "close": 5.25,
        "volume": 251647444,
        "typical_volume": 66360520.25,
        "trend": 4.583971,
        "fair_value": 4.219445,
        "relative_strength": 14.383894,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 67.84125,
        "energy": 74.396437,
        "activity_lines": [
          5.201891,
          4.943744,
          4.676953,
          4.606658
        ]
      },
      {
        "date": "2023-08-18",
        "close": 5.09,
        "volume": 124088274,
        "typical_volume": 71381867.9,
        "trend": 4.599701,
        "fair_value": 4.21935,
        "relative_strength": 12.380036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.275587,
        "energy": 69.93082,
        "activity_lines": [
          5.215333,
          5.000103,
          4.732329,
          4.639305
        ]
      },
      {
        "date": "2023-08-25",
        "close": 4.9,
        "volume": 74574608,
        "typical_volume": 73696042.95,
        "trend": 4.605108,
        "fair_value": 4.219186,
        "relative_strength": 10.06773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.789349,
        "energy": 47.481391,
        "activity_lines": [
          5.127333,
          5.014787,
          4.765558,
          4.658679
        ]
      },
      {
        "date": "2023-09-01",
        "close": 4.82,
        "volume": 138938779,
        "typical_volume": 78953694.5,
        "trend": 4.602861,
        "fair_value": 4.219785,
        "relative_strength": 5.527413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.589059,
        "energy": 25.225598,
        "activity_lines": [
          5.002667,
          5.007262,
          4.788637,
          4.672543
        ]
      },
      {
        "date": "2023-09-08",
        "close": 4.61,
        "volume": 85435862,
        "typical_volume": 82045001.7,
        "trend": 4.590954,
        "fair_value": 4.218718,
        "relative_strength": 1.214389,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.386345,
        "energy": 17.972246,
        "activity_lines": [
          4.830667,
          4.949541,
          4.789425,
          4.673004
        ]
      },
      {
        "date": "2023-09-15",
        "close": 4.58,
        "volume": 37522280,
        "typical_volume": 82328989.8,
        "trend": 4.584697,
        "fair_value": 4.218098,
        "relative_strength": 0.54642,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.832489,
        "energy": 18.876778,
        "activity_lines": [
          4.712667,
          4.885788,
          4.78464,
          4.672297
        ]
      },
      {
        "date": "2023-09-22",
        "close": 4.57,
        "volume": 31281925,
        "typical_volume": 83109697.85,
        "trend": 4.575446,
        "fair_value": 4.218561,
        "relative_strength": 0.032922,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.88565,
        "energy": 18.86029,
        "activity_lines": [
          4.636,
          4.821273,
          4.776852,
          4.671349
        ]
      },
      {
        "date": "2023-09-29",
        "close": 4.46,
        "volume": 22934375,
        "typical_volume": 83048872.45,
        "trend": 4.558539,
        "fair_value": 4.219659,
        "relative_strength": -1.588196,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.777939,
        "energy": 22.308296,
        "activity_lines": [
          4.557333,
          4.735818,
          4.757582,
          4.663901
        ]
      },
      {
        "date": "2023-10-13",
        "close": 4.24,
        "volume": 24757500,
        "typical_volume": 82915082.45,
        "trend": 4.546601,
        "fair_value": 4.218963,
        "relative_strength": -5.604281,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -28.964839,
        "energy": 32.131418,
        "activity_lines": [
          4.434667,
          4.615636,
          4.716877,
          4.64335
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4.25,
        "volume": 29168721,
        "typical_volume": 83089256.4,
        "trend": 4.539983,
        "fair_value": 4.220756,
        "relative_strength": -2.03711,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.060641,
        "energy": 41.033673,
        "activity_lines": [
          4.354,
          4.514,
          4.676882,
          4.624214
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4.34,
        "volume": 33805582,
        "typical_volume": 83361956.55,
        "trend": 4.53437,
        "fair_value": 4.222934,
        "relative_strength": -0.951799,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.826787,
        "energy": 40.32395,
        "activity_lines": [
          4.327333,
          4.452727,
          4.64479,
          4.611312
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4.41,
        "volume": 36741560,
        "typical_volume": 74872302.7,
        "trend": 4.540068,
        "fair_value": 4.224987,
        "relative_strength": 0.225249,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.23981,
        "energy": 35.666965,
        "activity_lines": [
          4.34,
          4.420727,
          4.618789,
          4.603288
        ]
      },
      {
        "date": "2023-11-10",
        "close": 4.55,
        "volume": 28400960,
        "typical_volume": 69837585.45,
        "trend": 4.546109,
        "fair_value": 4.228575,
        "relative_strength": 2.957718,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.666398,
        "energy": 17.590595,
        "activity_lines": [
          4.41,
          4.426545,
          4.607492,
          4.603929
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4.59,
        "volume": 26977900,
        "typical_volume": 69235160.3,
        "trend": 4.554482,
        "fair_value": 4.229613,
        "relative_strength": 3.114791,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -10.082462,
        "energy": 8.700147,
        "activity_lines": [
          4.487333,
          4.446,
          4.599664,
          4.606761
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4.94,
        "volume": 54097336,
        "typical_volume": 68169054.8,
        "trend": 4.584496,
        "fair_value": 4.234681,
        "relative_strength": 11.358212,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.568972,
        "energy": 20.655139,
        "activity_lines": [
          4.658,
          4.533273,
          4.623118,
          4.631633
        ]
      },
      {
        "date": "2023-12-01",
        "close": 4.79,
        "volume": 40558194,
        "typical_volume": 67722734.1,
        "trend": 4.605852,
        "fair_value": 4.239616,
        "relative_strength": 8.214647,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.320274,
        "energy": 23.54939,
        "activity_lines": [
          4.732667,
          4.587273,
          4.630564,
          4.644891
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.71,
        "volume": 42903794,
        "typical_volume": 68445623.7,
        "trend": 4.617559,
        "fair_value": 4.240467,
        "relative_strength": 8.593857,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 31.097781,
        "energy": 30.37729,
        "activity_lines": [
          4.750667,
          4.622909,
          4.629667,
          4.651611
        ]
      },
      {
        "date": "2023-12-15",
        "close": 5.49,
        "volume": 44079888,
        "typical_volume": 68926893.05,
        "trend": 4.655267,
        "fair_value": 4.247657,
        "relative_strength": 27.313345,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 76.828472,
        "energy": 73.088208,
        "activity_lines": [
          5.008667,
          4.797818,
          4.702143,
          4.707897
        ]
      },
      {
        "date": "2023-12-22",
        "close": 5.0,
        "volume": 179472242,
        "typical_volume": 71969479.25,
        "trend": 4.682294,
        "fair_value": 4.253109,
        "relative_strength": 16.943055,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.293499,
        "energy": 56.702241,
        "activity_lines": [
          5.040667,
          4.864909,
          4.724429,
          4.730138
        ]
      },
      {
        "date": "2023-12-29",
        "close": 4.86,
        "volume": 67363315,
        "typical_volume": 68737526.95,
        "trend": 4.707313,
        "fair_value": 4.257345,
        "relative_strength": 11.416683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.800755,
        "energy": 43.122512,
        "activity_lines": [
          4.998667,
          4.892727,
          4.734143,
          4.741603
        ]
      },
      {
        "date": "2024-01-05",
        "close": 5.04,
        "volume": 65900457,
        "typical_volume": 59450177.6,
        "trend": 4.734675,
        "fair_value": 4.258397,
        "relative_strength": 17.209992,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.106948,
        "energy": 45.174327,
        "activity_lines": [
          5.022,
          4.942182,
          4.764381,
          4.763066
        ]
      },
      {
        "date": "2024-01-12",
        "close": 4.92,
        "volume": 61952490,
        "typical_volume": 56343388.4,
        "trend": 4.742079,
        "fair_value": 4.257851,
        "relative_strength": 16.044239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.702799,
        "energy": 26.779422,
        "activity_lines": [
          4.988667,
          4.957091,
          4.78419,
          4.775023
        ]
      },
      {
        "date": "2024-01-19",
        "close": 4.55,
        "volume": 43247690,
        "typical_volume": 54777042.5,
        "trend": 4.744463,
        "fair_value": 4.255124,
        "relative_strength": 9.094232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 19.89216,
        "energy": 11.581689,
        "activity_lines": [
          4.818,
          4.895455,
          4.769571,
          4.762631
        ]
      },
      {
        "date": "2024-01-26",
        "close": 5.04,
        "volume": 70506163,
        "typical_volume": 51355411.7,
        "trend": 4.773821,
        "fair_value": 4.255347,
        "relative_strength": 17.167871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.976811,
        "energy": 16.053959,
        "activity_lines": [
          4.873333,
          4.922909,
          4.803286,
          4.781698
        ]
      },
      {
        "date": "2024-02-02",
        "close": 4.06,
        "volume": 95208737,
        "typical_volume": 51844055.45,
        "trend": 4.756547,
        "fair_value": 4.250181,
        "relative_strength": 0.563526,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.146075,
        "energy": 19.674509,
        "activity_lines": [
          4.599333,
          4.764,
          4.742619,
          4.735645
        ]
      },
      {
        "date": "2024-02-09",
        "close": 3.05,
        "volume": 111317611,
        "typical_volume": 55533822.0,
        "trend": 4.703612,
        "fair_value": 4.24224,
        "relative_strength": -27.624038,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -79.609424,
        "energy": 66.506049,
        "activity_lines": [
          4.042,
          4.437455,
          4.588381,
          4.625545
        ]
      },
      {
        "date": "2024-02-23",
        "close": 3.52,
        "volume": 105691931,
        "typical_volume": 59254322.3,
        "trend": 4.670333,
        "fair_value": 4.236674,
        "relative_strength": -19.965918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.208076,
        "energy": 71.480763,
        "activity_lines": [
          3.774,
          4.228,
          4.48619,
          4.549183
        ]
      },
      {
        "date": "2024-03-01",
        "close": 3.54,
        "volume": 97736847,
        "typical_volume": 62994445.9,
        "trend": 4.63,
        "fair_value": 4.233533,
        "relative_strength": -19.773782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.2069,
        "energy": 74.50864,
        "activity_lines": [
          3.606,
          4.043818,
          4.390905,
          4.476258
        ]
      },
      {
        "date": "2024-03-08",
        "close": 3.51,
        "volume": 106180529,
        "typical_volume": 67065597.35,
        "trend": 4.575,
        "fair_value": 4.234792,
        "relative_strength": -20.602716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.728605,
        "energy": 73.359837,
        "activity_lines": [
          3.495333,
          3.889636,
          4.297143,
          4.404
        ]
      },
      {
        "date": "2024-03-15",
        "close": 3.64,
        "volume": 74155231,
        "typical_volume": 69314922.85,
        "trend": 4.510667,
        "fair_value": 4.236948,
        "relative_strength": -17.56585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.674271,
        "energy": 58.297359,
        "activity_lines": [
          3.53,
          3.786182,
          4.219238,
          4.343677
        ]
      },
      {
        "date": "2024-03-22",
        "close": 3.92,
        "volume": 79763917,
        "typical_volume": 71612839.6,
        "trend": 4.466333,
        "fair_value": 4.239177,
        "relative_strength": -10.869474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.305645,
        "energy": 39.617334,
        "activity_lines": [
          3.686,
          3.755818,
          4.170905,
          4.30557
        ]
      },
      {
        "date": "2024-03-29",
        "close": 3.9,
        "volume": 164093020,
        "typical_volume": 77980412.6,
        "trend": 4.426667,
        "fair_value": 4.241533,
        "relative_strength": -11.021832,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.848896,
        "energy": 29.13784,
        "activity_lines": [
          3.777333,
          3.742182,
          4.122667,
          4.269032
        ]
      },
      {
        "date": "2024-04-05",
        "close": 3.86,
        "volume": 42781625,
        "typical_volume": 78699445.85,
        "trend": 4.392,
        "fair_value": 4.24376,
        "relative_strength": -12.598153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.681939,
        "energy": 23.216593,
        "activity_lines": [
          3.83,
          3.739818,
          4.073048,
          4.232473
        ]
      },
      {
        "date": "2024-04-12",
        "close": 3.61,
        "volume": 37253858,
        "typical_volume": 79213243.75,
        "trend": 4.351667,
        "fair_value": 4.244958,
        "relative_strength": -16.799346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.420643,
        "energy": 24.577207,
        "activity_lines": [
          3.778,
          3.704545,
          4.002905,
          4.182022
        ]
      },
      {
        "date": "2024-04-19",
        "close": 3.17,
        "volume": 45530655,
        "typical_volume": 78784909.7,
        "trend": 4.303667,
        "fair_value": 4.242634,
        "relative_strength": -27.762041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.03891,
        "energy": 39.708881,
        "activity_lines": [
          3.572667,
          3.615273,
          3.895524,
          4.105785
        ]
      },
      {
        "date": "2024-04-26",
        "close": 3.37,
        "volume": 32733600,
        "typical_volume": 78393680.0,
        "trend": 4.263333,
        "fair_value": 4.242358,
        "relative_strength": -23.5714,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.372129,
        "energy": 47.344346,
        "activity_lines": [
          3.465333,
          3.578545,
          3.815619,
          4.045548
        ]
      },
      {
        "date": "2024-05-03",
        "close": 4.08,
        "volume": 51091816,
        "typical_volume": 78803081.1,
        "trend": 4.247,
        "fair_value": 4.245931,
        "relative_strength": -8.063695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.671973,
        "energy": 32.170054,
        "activity_lines": [
          3.631333,
          3.665091,
          3.810095,
          4.03372
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3.8,
        "volume": 225681790,
        "typical_volume": 87883176.2,
        "trend": 4.225,
        "fair_value": 4.247327,
        "relative_strength": -15.67284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.97906,
        "energy": 25.27044,
        "activity_lines": [
          3.692,
          3.690545,
          3.780905,
          4.004882
        ]
      },
      {
        "date": "2024-05-17",
        "close": 4.15,
        "volume": 135254980,
        "typical_volume": 85672313.1,
        "trend": 4.222,
        "fair_value": 4.249436,
        "relative_strength": -7.901314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.980995,
        "energy": 15.445491,
        "activity_lines": [
          3.873333,
          3.774909,
          3.793095,
          4.000043
        ]
      },
      {
        "date": "2024-05-24",
        "close": 3.79,
        "volume": 103608401,
        "typical_volume": 87484567.4,
        "trend": 4.206667,
        "fair_value": 4.250129,
        "relative_strength": -13.994875,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.418401,
        "energy": 17.009807,
        "activity_lines": [
          3.898667,
          3.782182,
          3.775048,
          3.972172
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3.65,
        "volume": 57799600,
        "typical_volume": 87079524.55,
        "trend": 4.183667,
        "fair_value": 4.25152,
        "relative_strength": -17.01217,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.676269,
        "energy": 14.133896,
        "activity_lines": [
          3.836,
          3.761273,
          3.748762,
          3.936258
        ]
      },
      {
        "date": "2024-06-07",
        "close": 3.5,
        "volume": 58973700,
        "typical_volume": 86930585.05,
        "trend": 4.153333,
        "fair_value": 4.251185,
        "relative_strength": -19.352077,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.389056,
        "energy": 20.108622,
        "activity_lines": [
          3.704667,
          3.718,
          3.71481,
          3.892151
        ]
      },
      {
        "date": "2024-06-14",
        "close": 3.51,
        "volume": 56661455,
        "typical_volume": 87601273.3,
        "trend": 4.118667,
        "fair_value": 4.250339,
        "relative_strength": -18.460335,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.800855,
        "energy": 33.964492,
        "activity_lines": [
          3.615333,
          3.683818,
          3.688571,
          3.850645
        ]
      },
      {
        "date": "2024-06-21",
        "close": 3.3,
        "volume": 45398156,
        "typical_volume": 86345872.95,
        "trend": 4.075667,
        "fair_value": 4.248657,
        "relative_strength": -22.083971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.715877,
        "energy": 52.07535,
        "activity_lines": [
          3.475333,
          3.617818,
          3.647286,
          3.797828
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3.19,
        "volume": 62587498,
        "typical_volume": 84714811.0,
        "trend": 4.017333,
        "fair_value": 4.245951,
        "relative_strength": -23.596148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.134813,
        "energy": 62.205205,
        "activity_lines": [
          3.355333,
          3.537455,
          3.60381,
          3.740688
        ]
      },
      {
        "date": "2024-07-05",
        "close": 3.16,
        "volume": 38363578,
        "typical_volume": 81067109.35,
        "trend": 3.963,
        "fair_value": 4.242989,
        "relative_strength": -23.62698,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.251668,
        "energy": 63.792021,
        "activity_lines": [
          3.265333,
          3.451273,
          3.561619,
          3.685376
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3.19,
        "volume": 35885362,
        "typical_volume": 77576780.9,
        "trend": 3.912333,
        "fair_value": 4.239964,
        "relative_strength": -23.08059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.574635,
        "energy": 60.858009,
        "activity_lines": [
          3.218,
          3.374364,
          3.521762,
          3.635505
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3.19,
        "volume": 26926630,
        "typical_volume": 74036270.05,
        "trend": 3.835667,
        "fair_value": 4.238024,
        "relative_strength": -22.959945,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.330004,
        "energy": 55.390857,
        "activity_lines": [
          3.191333,
          3.313636,
          3.483476,
          3.588903
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3.19,
        "volume": 25039200,
        "typical_volume": 69979203.6,
        "trend": 3.775333,
        "fair_value": 4.236147,
        "relative_strength": -20.201053,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.051795,
        "energy": 43.305051,
        "activity_lines": [
          3.186,
          3.264,
          3.446857,
          3.547247
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3.36,
        "volume": 27111067,
        "typical_volume": 67626995.4,
        "trend": 3.725333,
        "fair_value": 4.235998,
        "relative_strength": -15.965371,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.418288,
        "energy": 36.249563,
        "activity_lines": [
          3.244667,
          3.262727,
          3.427952,
          3.520452
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3.47,
        "volume": 31088280,
        "typical_volume": 65193213.55,
        "trend": 3.673,
        "fair_value": 4.236554,
        "relative_strength": -11.457213,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.375806,
        "energy": 25.670013,
        "activity_lines": [
          3.328667,
          3.289273,
          3.420857,
          3.503978
        ]
      },
      {
        "date": "2024-08-16",
        "close": 3.28,
        "volume": 20803680,
        "typical_volume": 58028746.55,
        "trend": 3.618333,
        "fair_value": 4.235829,
        "relative_strength": -16.152918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.192579,
        "energy": 22.620305,
        "activity_lines": [
          3.328667,
          3.284545,
          3.39781,
          3.478624
        ]
      },
      {
        "date": "2024-08-23",
        "close": 3.18,
        "volume": 26212300,
        "typical_volume": 57200280.3,
        "trend": 3.572667,
        "fair_value": 4.235419,
        "relative_strength": -17.373165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.534518,
        "energy": 24.778641,
        "activity_lines": [
          3.289333,
          3.265636,
          3.36819,
          3.450344
        ]
      },
      {
        "date": "2024-08-30",
        "close": 3.3,
        "volume": 23590895,
        "typical_volume": 56517132.15,
        "trend": 3.514667,
        "fair_value": 4.236416,
        "relative_strength": -13.314692,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.171824,
        "energy": 21.818828,
        "activity_lines": [
          3.290667,
          3.274545,
          3.353238,
          3.432753
        ]
      },
      {
        "date": "2024-09-06",
        "close": 3.35,
        "volume": 101050620,
        "typical_volume": 59293130.4,
        "trend": 3.491,
        "fair_value": 4.237415,
        "relative_strength": -9.063721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.264293,
        "energy": 23.549805,
        "activity_lines": [
          3.301333,
          3.292545,
          3.344524,
          3.422129
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3.37,
        "volume": 89669690,
        "typical_volume": 62139934.9,
        "trend": 3.501667,
        "fair_value": 4.238032,
        "relative_strength": -6.036693,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.49117,
        "energy": 19.349931,
        "activity_lines": [
          3.319333,
          3.311273,
          3.336857,
          3.414323
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3.66,
        "volume": 83818568,
        "typical_volume": 63776272.5,
        "trend": 3.506333,
        "fair_value": 4.240762,
        "relative_strength": 1.036704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 2.462102,
        "energy": 9.966894,
        "activity_lines": [
          3.440667,
          3.378909,
          3.35681,
          3.424538
        ]
      },
      {
        "date": "2024-09-27",
        "close": 4.03,
        "volume": 112437645,
        "typical_volume": 58114065.25,
        "trend": 3.522667,
        "fair_value": 4.244589,
        "relative_strength": -1.151084,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 41.535634,
        "energy": 49.821299,
        "activity_lines": [
          3.66,
          3.505273,
          3.414,
          3.458323
        ]
      },
      {
        "date": "2024-10-04",
        "close": 4.3,
        "volume": 54472060,
        "typical_volume": 54074919.25,
        "trend": 3.549,
        "fair_value": 4.249382,
        "relative_strength": -2.15623,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 50.462078,
        "energy": 71.470409,
        "activity_lines": [
          3.912667,
          3.665455,
          3.49581,
          3.508473
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3.83,
        "volume": 129675003,
        "typical_volume": 55378249.35,
        "trend": 3.555333,
        "fair_value": 4.249949,
        "relative_strength": -9.311791,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.66726,
        "energy": 63.173524,
        "activity_lines": [
          3.942,
          3.72,
          3.532143,
          3.526602
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3.89,
        "volume": 87330365,
        "typical_volume": 56854787.6,
        "trend": 3.554333,
        "fair_value": 4.251603,
        "relative_strength": -8.887996,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.022857,
        "energy": 61.439639,
        "activity_lines": [
          3.959333,
          3.776909,
          3.574,
          3.548194
        ]
      },
      {
        "date": "2024-10-25",
        "close": 4.15,
        "volume": 74821307,
        "typical_volume": 57647167.95,
        "trend": 3.562667,
        "fair_value": 4.253074,
        "relative_strength": -3.68535,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 69.686512,
        "energy": 65.186243,
        "activity_lines": [
          4.028667,
          3.873455,
          3.639476,
          3.586624
        ]
      },
      {
        "date": "2024-11-01",
        "close": 4.64,
        "volume": 166727570,
        "typical_volume": 63150473.7,
        "trend": 3.588667,
        "fair_value": 4.258706,
        "relative_strength": 8.630012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.69643,
        "energy": 57.568591,
        "activity_lines": [
          4.228667,
          4.043273,
          3.748524,
          3.656129
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4.76,
        "volume": 102277260,
        "typical_volume": 65994428.9,
        "trend": 3.627,
        "fair_value": 4.264533,
        "relative_strength": 5.73871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.87524,
        "energy": 73.97923,
        "activity_lines": [
          4.428,
          4.208364,
          3.863619,
          3.731699
        ]
      },
      {
        "date": "2024-11-15",
        "close": 4.42,
        "volume": 64816010,
        "typical_volume": 66105854.5,
        "trend": 3.668667,
        "fair_value": 4.269457,
        "relative_strength": 2.025784,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.073339,
        "energy": 67.225361,
        "activity_lines": [
          4.483333,
          4.285091,
          3.939381,
          3.78286
        ]
      },
      {
        "date": "2024-11-22",
        "close": 4.35,
        "volume": 47674133,
        "typical_volume": 66571382.25,
        "trend": 3.701333,
        "fair_value": 4.275016,
        "relative_strength": 2.622555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.313289,
        "energy": 59.74128,
        "activity_lines": [
          4.476,
          4.329636,
          4.002619,
          3.826817
        ]
      },
      {
        "date": "2024-11-29",
        "close": 4.79,
        "volume": 81055687,
        "typical_volume": 68829898.5,
        "trend": 3.725,
        "fair_value": 4.284927,
        "relative_strength": 11.293889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.377194,
        "energy": 54.195511,
        "activity_lines": [
          4.584667,
          4.436364,
          4.102095,
          3.897054
        ]
      },
      {
        "date": "2024-12-06",
        "close": 5.05,
        "volume": 86419601,
        "typical_volume": 71804547.05,
        "trend": 3.766667,
        "fair_value": 4.297078,
        "relative_strength": 14.824093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.828421,
        "energy": 56.34511,
        "activity_lines": [
          4.737333,
          4.569818,
          4.218714,
          3.982538
        ]
      },
      {
        "date": "2024-12-13",
        "close": 4.98,
        "volume": 68291501,
        "typical_volume": 73967162.1,
        "trend": 3.794333,
        "fair_value": 4.307696,
        "relative_strength": 13.839427,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.953518,
        "energy": 57.055864,
        "activity_lines": [
          4.839333,
          4.672,
          4.31981,
          4.060817
        ]
      },
      {
        "date": "2024-12-20",
        "close": 4.58,
        "volume": 53452751,
        "typical_volume": 75284246.3,
        "trend": 3.820667,
        "fair_value": 4.315559,
        "relative_strength": 6.237167,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.883623,
        "energy": 49.326636,
        "activity_lines": [
          4.793333,
          4.689091,
          4.374286,
          4.111505
        ]
      },
      {
        "date": "2024-12-27",
        "close": 4.24,
        "volume": 47172460,
        "typical_volume": 76088455.3,
        "trend": 3.840333,
        "fair_value": 4.321434,
        "relative_strength": -1.88672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.262334,
        "energy": 35.334255,
        "activity_lines": [
          4.623333,
          4.630727,
          4.390571,
          4.138559
        ]
      },
      {
        "date": "2025-01-03",
        "close": 3.89,
        "volume": 36287350,
        "typical_volume": 76862638.8,
        "trend": 3.853333,
        "fair_value": 4.324491,
        "relative_strength": -4.083267,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 22.809038,
        "energy": 16.478386,
        "activity_lines": [
          4.344,
          4.502364,
          4.369857,
          4.141763
        ]
      },
      {
        "date": "2025-01-10",
        "close": 3.82,
        "volume": 26564040,
        "typical_volume": 76880225.8,
        "trend": 3.863667,
        "fair_value": 4.326589,
        "relative_strength": -3.779195,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.522324,
        "energy": 21.071654,
        "activity_lines": [
          4.101333,
          4.366,
          4.339571,
          4.139613
        ]
      },
      {
        "date": "2025-01-17",
        "close": 4.03,
        "volume": 27877244,
        "typical_volume": 77094543.25,
        "trend": 3.888,
        "fair_value": 4.327546,
        "relative_strength": -0.073016,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.388158,
        "energy": 24.099462,
        "activity_lines": [
          4.010667,
          4.282727,
          4.326238,
          4.150344
        ]
      },
      {
        "date": "2025-01-24",
        "close": 3.97,
        "volume": 36740280,
        "typical_volume": 73879026.25,
        "trend": 3.914,
        "fair_value": 4.328564,
        "relative_strength": -1.298937,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.274776,
        "energy": 23.158064,
        "activity_lines": [
          3.963333,
          4.201818,
          4.303714,
          4.155634
        ]
      },
      {
        "date": "2025-01-31",
        "close": 3.99,
        "volume": 5879700,
        "typical_volume": 69689526.75,
        "trend": 3.941667,
        "fair_value": 4.328754,
        "relative_strength": 0.044781,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 1.839032,
        "energy": 23.940129,
        "activity_lines": [
          3.963333,
          4.132727,
          4.280143,
          4.160538
        ]
      },
      {
        "date": "2025-02-07",
        "close": 4.14,
        "volume": 19089630,
        "typical_volume": 66453079.85,
        "trend": 3.973333,
        "fair_value": 4.328438,
        "relative_strength": 2.514362,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 4.944045,
        "energy": 17.095886,
        "activity_lines": [
          4.03,
          4.097455,
          4.267905,
          4.173333
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4.19,
        "volume": 32408894,
        "typical_volume": 62451642.3,
        "trend": 4.006667,
        "fair_value": 4.32857,
        "relative_strength": 2.116048,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.902029,
        "energy": 13.685076,
        "activity_lines": [
          4.096667,
          4.083091,
          4.258143,
          4.187312
        ]
      },
      {
        "date": "2025-02-21",
        "close": 4.12,
        "volume": 34564837,
        "typical_volume": 61456281.15,
        "trend": 4.037667,
        "fair_value": 4.329338,
        "relative_strength": -0.626931,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.998853,
        "energy": 11.631077,
        "activity_lines": [
          4.115333,
          4.071636,
          4.240952,
          4.194624
        ]
      },
      {
        "date": "2025-02-28",
        "close": 4.18,
        "volume": 38199994,
        "typical_volume": 56882530.7,
        "trend": 4.065,
        "fair_value": 4.330682,
        "relative_strength": 2.444378,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.178755,
        "energy": 15.099353,
        "activity_lines": [
          4.148,
          4.086727,
          4.230333,
          4.203806
        ]
      },
      {
        "date": "2025-03-07",
        "close": 4.15,
        "volume": 35476601,
        "typical_volume": 54289842.5,
        "trend": 4.087667,
        "fair_value": 4.3289,
        "relative_strength": 0.029071,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.73747,
        "energy": 14.313821,
        "activity_lines": [
          4.156667,
          4.103636,
          4.21519,
          4.20929
        ]
      },
      {
        "date": "2025-03-14",
        "close": 4.26,
        "volume": 29480561,
        "typical_volume": 52022805.2,
        "trend": 4.120333,
        "fair_value": 4.327886,
        "relative_strength": 1.183034,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.317706,
        "energy": 13.210729,
        "activity_lines": [
          4.191333,
          4.142182,
          4.209286,
          4.220409
        ]
      },
      {
        "date": "2025-03-21",
        "close": 4.16,
        "volume": 29972682,
        "typical_volume": 45185060.8,
        "trend": 4.153,
        "fair_value": 4.327826,
        "relative_strength": 0.493114,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.615854,
        "energy": 12.42959,
        "activity_lines": [
          4.184667,
          4.155818,
          4.193333,
          4.222968
        ]
      },
      {
        "date": "2025-03-28",
        "close": 4.03,
        "volume": 39552160,
        "typical_volume": 42048805.8,
        "trend": 4.177333,
        "fair_value": 4.326742,
        "relative_strength": -2.132217,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.775103,
        "energy": 11.028244,
        "activity_lines": [
          4.136667,
          4.139636,
          4.167286,
          4.215032
        ]
      },
      {
        "date": "2025-04-04",
        "close": 4.14,
        "volume": 27276614,
        "typical_volume": 40171836.0,
        "trend": 4.203667,
        "fair_value": 4.327829,
        "relative_strength": 0.848592,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.023631,
        "energy": 8.818144,
        "activity_lines": [
          4.131333,
          4.143455,
          4.15519,
          4.212624
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3.96,
        "volume": 45186391,
        "typical_volume": 40047448.9,
        "trend": 4.223333,
        "fair_value": 4.326742,
        "relative_strength": -0.487149,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -54.230042,
        "energy": 37.913925,
        "activity_lines": [
          4.068667,
          4.111455,
          4.127286,
          4.196903
        ]
      },
      {
        "date": "2025-04-18",
        "close": 4.15,
        "volume": 34111356,
        "typical_volume": 37700232.35,
        "trend": 4.239667,
        "fair_value": 4.324131,
        "relative_strength": 2.688677,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.320674,
        "energy": 32.405645,
        "activity_lines": [
          4.082,
          4.114545,
          4.119333,
          4.192172
        ]
      },
      {
        "date": "2025-04-25",
        "close": 4.23,
        "volume": 36613588,
        "typical_volume": 35209931.7,
        "trend": 4.246333,
        "fair_value": 4.314569,
        "relative_strength": 3.774245,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -27.761168,
        "energy": 14.339295,
        "activity_lines": [
          4.129333,
          4.132,
          4.122048,
          4.191548
        ]
      },
      {
        "date": "2025-05-02",
        "close": 4.16,
        "volume": 23733302,
        "typical_volume": 32982021.75,
        "trend": 4.241667,
        "fair_value": 4.307428,
        "relative_strength": 2.62829,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -20.750767,
        "energy": 10.667022,
        "activity_lines": [
          4.148667,
          4.136,
          4.122,
          4.185978
        ]
      },
      {
        "date": "2025-05-09",
        "close": 4.27,
        "volume": 32415541,
        "typical_volume": 31930161.25,
        "trend": 4.256333,
        "fair_value": 4.29117,
        "relative_strength": 3.239873,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -7.241252,
        "energy": 8.999411,
        "activity_lines": [
          4.196,
          4.159273,
          4.136333,
          4.187806
        ]
      },
      {
        "date": "2025-05-16",
        "close": 4.23,
        "volume": 26815674,
        "typical_volume": 30912321.95,
        "trend": 4.267667,
        "fair_value": 4.290347,
        "relative_strength": 1.593575,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -9.798447,
        "energy": 11.634175,
        "activity_lines": [
          4.221333,
          4.173636,
          4.148333,
          4.186108
        ]
      },
      {
        "date": "2025-05-23",
        "close": 4.31,
        "volume": 59678139,
        "typical_volume": 32081861.4,
        "trend": 4.273,
        "fair_value": 4.289909,
        "relative_strength": 4.007734,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -2.229844,
        "energy": 11.210035,
        "activity_lines": [
          4.255333,
          4.201091,
          4.168,
          4.188839
        ]
      },
      {
        "date": "2025-05-30",
        "close": 4.51,
        "volume": 33124648,
        "typical_volume": 32409891.8,
        "trend": 4.268667,
        "fair_value": 4.292539,
        "relative_strength": 8.584738,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 39.093631,
        "energy": 37.976675,
        "activity_lines": [
          4.345333,
          4.264,
          4.204714,
          4.204129
        ]
      },
      {
        "date": "2025-06-06",
        "close": 4.66,
        "volume": 29100901,
        "typical_volume": 32471074.65,
        "trend": 4.265333,
        "fair_value": 4.294026,
        "relative_strength": 10.547953,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 45.451546,
        "energy": 53.907034,
        "activity_lines": [
          4.466667,
          4.347818,
          4.252429,
          4.229376
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4.6,
        "volume": 30965062,
        "typical_volume": 32182313.75,
        "trend": 4.271333,
        "fair_value": 4.293533,
        "relative_strength": 9.049959,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.037787,
        "energy": 56.939543,
        "activity_lines": [
          4.534667,
          4.409273,
          4.291429,
          4.250968
        ]
      },
      {
        "date": "2025-06-20",
        "close": 4.41,
        "volume": 31787966,
        "typical_volume": 33477727.05,
        "trend": 4.273333,
        "fair_value": 4.291249,
        "relative_strength": 4.736221,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.275048,
        "energy": 50.596909,
        "activity_lines": [
          4.517333,
          4.427818,
          4.309333,
          4.259914
        ]
      },
      {
        "date": "2025-06-27",
        "close": 4.68,
        "volume": 29619017,
        "typical_volume": 34004196.4,
        "trend": 4.269667,
        "fair_value": 4.29146,
        "relative_strength": 8.574419,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 67.296424,
        "energy": 61.357774,
        "activity_lines": [
          4.578,
          4.487273,
          4.350952,
          4.286151
        ]
      },
      {
        "date": "2025-07-04",
        "close": 4.73,
        "volume": 23163021,
        "typical_volume": 33541902.75,
        "trend": 4.259,
        "fair_value": 4.293332,
        "relative_strength": 7.735628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.352985,
        "energy": 55.330491,
        "activity_lines": [
          4.630667,
          4.546182,
          4.394762,
          4.315849
        ]
      },
      {
        "date": "2025-07-11",
        "close": 4.9,
        "volume": 35231861,
        "typical_volume": 33575253.95,
        "trend": 4.256333,
        "fair_value": 4.297378,
        "relative_strength": 9.865402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.170816,
        "energy": 69.858925,
        "activity_lines": [
          4.725333,
          4.626909,
          4.45219,
          4.357204
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4.91,
        "volume": 48836101,
        "typical_volume": 34107059.3,
        "trend": 4.267333,
        "fair_value": 4.301615,
        "relative_strength": 8.806348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.394454,
        "energy": 76.193359,
        "activity_lines": [
          4.807333,
          4.696,
          4.506857,
          4.399376
        ]
      },
      {
        "date": "2025-07-25",
        "close": 5.08,
        "volume": 29184641,
        "typical_volume": 33792461.3,
        "trend": 4.295333,
        "fair_value": 4.306113,
        "relative_strength": 10.205151,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.216706,
        "energy": 83.852613,
        "activity_lines": [
          4.925333,
          4.784364,
          4.574238,
          4.451806
        ]
      },
      {
        "date": "2025-08-01",
        "close": 5.0,
        "volume": 37958890,
        "typical_volume": 34216377.75,
        "trend": 4.332333,
        "fair_value": 4.310991,
        "relative_strength": 9.090904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.614703,
        "energy": 79.49023,
        "activity_lines": [
          4.972,
          4.842727,
          4.629571,
          4.497269
        ]
      },
      {
        "date": "2025-08-08",
        "close": 5.12,
        "volume": 23704483,
        "typical_volume": 33902967.8,
        "trend": 4.375667,
        "fair_value": 4.318552,
        "relative_strength": 9.079351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.584715,
        "energy": 78.720041,
        "activity_lines": [
          5.037333,
          4.910364,
          4.69281,
          4.548086
        ]
      },
      {
        "date": "2025-08-15",
        "close": 4.87,
        "volume": 38069623,
        "typical_volume": 33828840.95,
        "trend": 4.403667,
        "fair_value": 4.322852,
        "relative_strength": 1.753015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.450492,
        "energy": 52.648116,
        "activity_lines": [
          4.993333,
          4.921455,
          4.727667,
          4.579978
        ]
      },
      {
        "date": "2025-08-22",
        "close": 5.03,
        "volume": 44614952,
        "typical_volume": 34695757.85,
        "trend": 4.439,
        "fair_value": 4.326963,
        "relative_strength": 1.250817,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.1732,
        "energy": 49.550866,
        "activity_lines": [
          5.004667,
          4.957818,
          4.773762,
          4.620387
        ]
      },
      {
        "date": "2025-08-29",
        "close": 4.79,
        "volume": 48482664,
        "typical_volume": 34860571.5,
        "trend": 4.465667,
        "fair_value": 4.331582,
        "relative_strength": -4.4981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.147876,
        "energy": 34.654591,
        "activity_lines": [
          4.928,
          4.942727,
          4.792762,
          4.643032
        ]
      },
      {
        "date": "2025-09-05",
        "close": 4.78,
        "volume": 42483516,
        "typical_volume": 35279179.5,
        "trend": 4.487,
        "fair_value": 4.336008,
        "relative_strength": -3.622928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.310553,
        "energy": 23.592946,
        "activity_lines": [
          4.867333,
          4.918909,
          4.806857,
          4.663312
        ]
      },
      {
        "date": "2025-09-12",
        "close": 5.16,
        "volume": 71127432,
        "typical_volume": 37004871.7,
        "trend": 4.519333,
        "fair_value": 4.342231,
        "relative_strength": 2.346167,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.752002,
        "energy": 32.107971,
        "activity_lines": [
          4.948,
          4.962364,
          4.854143,
          4.706731
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4.88,
        "volume": 53456284,
        "typical_volume": 38491020.8,
        "trend": 4.544667,
        "fair_value": 4.346723,
        "relative_strength": -1.840966,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.727178,
        "energy": 21.496981,
        "activity_lines": [
          4.932667,
          4.947091,
          4.870333,
          4.73
        ]
      },
      {
        "date": "2025-09-26",
        "close": 4.77,
        "volume": 44127147,
        "typical_volume": 39076601.1,
        "trend": 4.564333,
        "fair_value": 4.34693,
        "relative_strength": -4.170663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.266973,
        "energy": 18.986433,
        "activity_lines": [
          4.88,
          4.912182,
          4.872619,
          4.744538
        ]
      },
      {
        "date": "2025-10-03",
        "close": 4.82,
        "volume": 10608380,
        "typical_volume": 38266236.4,
        "trend": 4.586667,
        "fair_value": 4.344516,
        "relative_strength": -4.462653,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.627592,
        "energy": 17.596177,
        "activity_lines": [
          4.861333,
          4.888909,
          4.877286,
          4.761032
        ]
      },
      {
        "date": "2025-10-10",
        "close": 4.87,
        "volume": 16756801,
        "typical_volume": 36120169.5,
        "trend": 4.607,
        "fair_value": 4.345491,
        "relative_strength": -3.909061,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.510162,
        "energy": 11.445667,
        "activity_lines": [
          4.857333,
          4.879455,
          4.883905,
          4.779312
        ]
      },
      {
        "date": "2025-10-17",
        "close": 4.7,
        "volume": 34134840,
        "typical_volume": 36170679.1,
        "trend": 4.625,
        "fair_value": 4.345888,
        "relative_strength": -5.923741,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.482549,
        "energy": 9.646865,
        "activity_lines": [
          4.790667,
          4.841455,
          4.871667,
          4.785312
        ]
      },
      {
        "date": "2025-10-24",
        "close": 5.1,
        "volume": 56294257,
        "typical_volume": 37530346.9,
        "trend": 4.660667,
        "fair_value": 4.350768,
        "relative_strength": -0.823116,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.563012,
        "energy": 17.969457,
        "activity_lines": [
          4.888,
          4.883818,
          4.896619,
          4.815957
        ]
      },
      {
        "date": "2025-10-31",
        "close": 5.17,
        "volume": 38419634,
        "typical_volume": 37903075.5,
        "trend": 4.695,
        "fair_value": 4.353154,
        "relative_strength": 0.588961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 55.301154,
        "energy": 30.444307,
        "activity_lines": [
          4.994,
          4.934727,
          4.926143,
          4.848817
        ]
      },
      {
        "date": "2025-11-07",
        "close": 5.3,
        "volume": 37185306,
        "typical_volume": 38172942.5,
        "trend": 4.739667,
        "fair_value": 4.358613,
        "relative_strength": 2.095159,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 61.761692,
        "energy": 50.22105,
        "activity_lines": [
          5.116667,
          5.006727,
          4.965333,
          4.887849
        ]
      },
      {
        "date": "2025-11-14",
        "close": 5.53,
        "volume": 33049217,
        "typical_volume": 38344452.5,
        "trend": 4.785667,
        "fair_value": 4.368422,
        "relative_strength": 6.621503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.718646,
        "energy": 69.922133,
        "activity_lines": [
          5.284,
          5.111273,
          5.02219,
          4.938839
        ]
      },
      {
        "date": "2025-11-21",
        "close": 5.17,
        "volume": 81690809,
        "typical_volume": 41270841.9,
        "trend": 4.817,
        "fair_value": 4.375221,
        "relative_strength": 3.699372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.55251,
        "energy": 58.855199,
        "activity_lines": [
          5.287333,
          5.136727,
          5.040714,
          4.963634
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5.37,
        "volume": 47098301,
        "typical_volume": 41864163.9,
        "trend": 4.857333,
        "fair_value": 4.378954,
        "relative_strength": 6.316175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.212946,
        "energy": 58.006274,
        "activity_lines": [
          5.326,
          5.198364,
          5.07619,
          4.999312
        ]
      },
      {
        "date": "2025-12-05",
        "close": 5.13,
        "volume": 34582674,
        "typical_volume": 41151492.55,
        "trend": 4.886,
        "fair_value": 4.381788,
        "relative_strength": 1.448714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.675833,
        "energy": 34.549485,
        "activity_lines": [
          5.266667,
          5.207455,
          5.086571,
          5.016903
        ]
      },
      {
        "date": "2025-12-12",
        "close": 4.73,
        "volume": 39545400,
        "typical_volume": 41669530.5,
        "trend": 4.902667,
        "fair_value": 4.381098,
        "relative_strength": -5.785266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 17.176257,
        "energy": 10.302464,
        "activity_lines": [
          5.076667,
          5.137273,
          5.05781,
          5.006839
        ]
      },
      {
        "date": "2025-12-19",
        "close": 4.93,
        "volume": 34038790,
        "typical_volume": 41473525.5,
        "trend": 4.923333,
        "fair_value": 4.380092,
        "relative_strength": -1.693719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.578078,
        "energy": 15.357812,
        "activity_lines": [
          4.991333,
          5.105091,
          5.049762,
          5.008602
        ]
      },
      {
        "date": "2025-12-26",
        "close": 4.76,
        "volume": 41076100,
        "typical_volume": 42342106.35,
        "trend": 4.931667,
        "fair_value": 4.376846,
        "relative_strength": -6.773099,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.597182,
        "energy": 18.704573,
        "activity_lines": [
          4.889333,
          5.040909,
          5.025857,
          4.998065
        ]
      },
      {
        "date": "2026-01-02",
        "close": 4.68,
        "volume": 25782980,
        "typical_volume": 41727774.2,
        "trend": 4.932333,
        "fair_value": 4.373023,
        "relative_strength": -8.415227,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.995471,
        "energy": 27.587092,
        "activity_lines": [
          4.788,
          4.961091,
          4.996048,
          4.981828
        ]
      },
      {
        "date": "2026-01-09",
        "close": 4.75,
        "volume": 57308245,
        "typical_volume": 42362438.85,
        "trend": 4.937333,
        "fair_value": 4.371631,
        "relative_strength": -10.394377,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.257033,
        "energy": 33.89027,
        "activity_lines": [
          4.756,
          4.901636,
          4.97381,
          4.970065
        ]
      },
      {
        "date": "2026-01-16",
        "close": 4.94,
        "volume": 63432680,
        "typical_volume": 43109939.65,
        "trend": 4.955,
        "fair_value": 4.372735,
        "relative_strength": -6.335228,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.876693,
        "energy": 24.677693,
        "activity_lines": [
          4.812667,
          4.884364,
          4.971,
          4.970237
        ]
      },
      {
        "date": "2026-01-23",
        "close": 5.43,
        "volume": 72828709,
        "typical_volume": 44627199.3,
        "trend": 4.98,
        "fair_value": 4.376533,
        "relative_strength": 1.962154,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.157128,
        "energy": 10.854054,
        "activity_lines": [
          5.018667,
          4.962727,
          5.014143,
          5.000882
        ]
      },
      {
        "date": "2026-01-30",
        "close": 6.11,
        "volume": 143231724,
        "typical_volume": 48232413.9,
        "trend": 5.026,
        "fair_value": 4.386096,
        "relative_strength": 14.798977,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.133716,
        "energy": 53.596682,
        "activity_lines": [
          5.418,
          5.166545,
          5.118952,
          5.073785
        ]
      },
      {
        "date": "2026-02-06",
        "close": 6.37,
        "volume": 105407428,
        "typical_volume": 50829971.1,
        "trend": 5.075,
        "fair_value": 4.396559,
        "relative_strength": 20.662463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.176019,
        "energy": 77.816344,
        "activity_lines": [
          5.814,
          5.400545,
          5.244,
          5.160495
        ]
      },
      {
        "date": "2026-02-13",
        "close": 7.29,
        "volume": 79102937,
        "typical_volume": 52578760.6,
        "trend": 5.154333,
        "fair_value": 4.41196,
        "relative_strength": 36.452648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.142594,
        "energy": 92.603572,
        "activity_lines": [
          6.404,
          5.783636,
          5.449571,
          5.303398
        ]
      },
      {
        "date": "2026-02-27",
        "close": 8.16,
        "volume": 153976306,
        "typical_volume": 59747156.9,
        "trend": 5.257,
        "fair_value": 4.432427,
        "relative_strength": 48.159256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.581507,
        "energy": 97.597605,
        "activity_lines": [
          7.114667,
          6.285636,
          5.726,
          5.497312
        ]
      },
      {
        "date": "2026-03-06",
        "close": 8.25,
        "volume": 116689348,
        "typical_volume": 64743784.25,
        "trend": 5.365333,
        "fair_value": 4.454749,
        "relative_strength": 49.585834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.586021,
        "energy": 95.608238,
        "activity_lines": [
          7.640667,
          6.741636,
          5.995095,
          5.690409
        ]
      },
      {
        "date": "2026-03-13",
        "close": 8.44,
        "volume": 77562874,
        "typical_volume": 66915185.95,
        "trend": 5.476,
        "fair_value": 4.477778,
        "relative_strength": 52.286645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.795056,
        "energy": 93.644224,
        "activity_lines": [
          8.042,
          7.171818,
          6.26619,
          5.888774
        ]
      },
      {
        "date": "2026-03-20",
        "close": 9.09,
        "volume": 109414131,
        "typical_volume": 69571179.65,
        "trend": 5.616667,
        "fair_value": 4.504206,
        "relative_strength": 67.252256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.164513,
        "energy": 94.392387,
        "activity_lines": [
          8.504667,
          7.653273,
          6.581381,
          6.121935
        ]
      },
      {
        "date": "2026-03-27",
        "close": 9.78,
        "volume": 128115354,
        "typical_volume": 74055965.65,
        "trend": 5.775,
        "fair_value": 4.537423,
        "relative_strength": 78.779689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.474667,
        "energy": 86.224962,
        "activity_lines": [
          9.016,
          8.18,
          6.943286,
          6.390538
        ]
      },
      {
        "date": "2026-04-03",
        "close": 10.72,
        "volume": 118126486,
        "typical_volume": 78103024.65,
        "trend": 5.972667,
        "fair_value": 4.577625,
        "relative_strength": 93.50729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.234844,
        "energy": 77.891634,
        "activity_lines": [
          9.674667,
          8.786182,
          7.372762,
          6.70957
        ]
      },
      {
        "date": "2026-04-10",
        "close": 12.69,
        "volume": 171111112,
        "typical_volume": 85006119.4,
        "trend": 6.236333,
        "fair_value": 4.630071,
        "relative_strength": 117.277981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.042415,
        "energy": 77.476986,
        "activity_lines": [
          10.819333,
          9.645455,
          7.964048,
          7.142946
        ]
      },
      {
        "date": "2026-04-17",
        "close": 12.45,
        "volume": 122654050,
        "typical_volume": 87054281.45,
        "trend": 6.479333,
        "fair_value": 4.682705,
        "relative_strength": 104.765768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.369137,
        "energy": 74.907317,
        "activity_lines": [
          11.588,
          10.329091,
          8.498381,
          7.543828
        ]
      },
      {
        "date": "2026-04-24",
        "close": 13.18,
        "volume": 151292741,
        "typical_volume": 92264003.45,
        "trend": 6.756,
        "fair_value": 4.739188,
        "relative_strength": 109.974824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.135569,
        "energy": 79.668251,
        "activity_lines": [
          12.332667,
          11.030182,
          9.067571,
          7.976129
        ]
      },
      {
        "date": "2026-05-01",
        "close": 13.45,
        "volume": 91506985,
        "typical_volume": 95110219.0,
        "trend": 7.045333,
        "fair_value": 4.797593,
        "relative_strength": 107.442969,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.527364,
        "energy": 75.618793,
        "activity_lines": [
          12.894667,
          11.656545,
          9.625286,
          8.408
        ]
      },
      {
        "date": "2026-05-08",
        "close": 14.33,
        "volume": 55694380,
        "typical_volume": 95917668.0,
        "trend": 7.362333,
        "fair_value": 4.863557,
        "relative_strength": 111.850679,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.05954,
        "energy": 75.425547,
        "activity_lines": [
          13.505333,
          12.330909,
          10.22719,
          8.877978
        ]
      },
      {
        "date": "2026-05-15",
        "close": 16.049999,
        "volume": 127984071,
        "typical_volume": 100614932.05,
        "trend": 7.735,
        "fair_value": 4.939843,
        "relative_strength": 132.638114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.143106,
        "energy": 75.039986,
        "activity_lines": [
          14.448666,
          13.205818,
          10.94719,
          9.438473
        ]
      },
      {
        "date": "2026-05-22",
        "close": 15.78,
        "volume": 94028041,
        "typical_volume": 103262529.1,
        "trend": 8.104333,
        "fair_value": 5.013056,
        "relative_strength": 123.331979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.899727,
        "energy": 71.281296,
        "activity_lines": [
          15.078,
          13.889818,
          11.588524,
          9.957505
        ]
      },
      {
        "date": "2026-05-29",
        "close": 15.38,
        "volume": 82148500,
        "typical_volume": 106080805.1,
        "trend": 8.447,
        "fair_value": 5.083705,
        "relative_strength": 114.068517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.37322,
        "energy": 67.503452,
        "activity_lines": [
          15.352,
          14.367636,
          12.139286,
          10.426903
        ]
      },
      {
        "date": "2026-06-05",
        "close": 14.74,
        "volume": 14551140,
        "typical_volume": 103942949.85,
        "trend": 8.766,
        "fair_value": 5.151338,
        "relative_strength": 102.149995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.127415,
        "energy": 65.796331,
        "activity_lines": [
          15.266,
          14.614727,
          12.578143,
          10.832903
        ]
      },
      {
        "date": "2026-06-12",
        "close": 12.14,
        "volume": 9559600,
        "typical_volume": 101249295.85,
        "trend": 8.994,
        "fair_value": 5.202817,
        "relative_strength": 63.497407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.362048,
        "energy": 48.164372,
        "activity_lines": [
          14.227333,
          14.298909,
          12.721809,
          11.050581
        ]
      },
      {
        "date": "2026-06-19",
        "close": 9.8,
        "volume": 103550859,
        "typical_volume": 102785403.35,
        "trend": 9.136333,
        "fair_value": 5.238591,
        "relative_strength": 28.691495,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 22.851005,
        "energy": 21.561225,
        "activity_lines": [
          12.554667,
          13.531818,
          12.608333,
          11.102581
        ]
      },
      {
        "date": "2026-06-26",
        "close": 10.69,
        "volume": 13772800,
        "typical_volume": 96312457.15,
        "trend": 9.320333,
        "fair_value": 5.277002,
        "relative_strength": 40.632957,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.735619,
        "energy": 28.163241,
        "activity_lines": [
          11.595333,
          12.979091,
          12.558809,
          11.202817
        ]
      },
      {
        "date": "2026-07-03",
        "close": 8.11,
        "volume": 26650210,
        "typical_volume": 92374596.25,
        "trend": 9.411667,
        "fair_value": 5.300281,
        "relative_strength": 5.572259,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -19.953068,
        "energy": 36.944652,
        "activity_lines": [
          10.115333,
          11.989273,
          12.241762,
          11.124731
        ]
      },
      {
        "date": "2026-07-10",
        "close": 8.25,
        "volume": 156265324,
        "typical_volume": 96232715.6,
        "trend": 9.515667,
        "fair_value": 5.326504,
        "relative_strength": 7.903654,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -37.013973,
        "energy": 47.788351,
        "activity_lines": [
          9.166667,
          11.117091,
          11.929762,
          11.049785
        ]
      },
      {
        "date": "2026-07-17",
        "close": 6.65,
        "volume": 95344900,
        "typical_volume": 93301145.3,
        "trend": 9.579667,
        "fair_value": 5.339785,
        "relative_strength": -8.005013,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.784608,
        "energy": 68.541566,
        "activity_lines": [
          8.117333,
          10.048545,
          11.460809,
          10.864903
        ]
      },
      {
        "date": "2026-07-24",
        "close": 6.27,
        "volume": 95983870,
        "typical_volume": 92265871.4,
        "trend": 9.624333,
        "fair_value": 5.350246,
        "relative_strength": -14.617652,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.555554,
        "energy": 74.804996,
        "activity_lines": [
          7.307333,
          9.050545,
          10.962857,
          10.651376
        ]
      },
      {
        "date": "2026-07-31",
        "close": 6.53,
        "volume": 65020900,
        "typical_volume": 91638772.7,
        "trend": 9.683333,
        "fair_value": 5.363141,
        "relative_strength": -11.752163,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.082345,
        "energy": 71.651294,
        "activity_lines": [
          6.819333,
          8.277636,
          10.499095,
          10.451742
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.26,
        "volume": 83151870,
        "typical_volume": 90325659.65,
        "trend": 9.769333,
        "fair_value": 5.379231,
        "relative_strength": -4.985145,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.689474,
        "energy": 67.232089,
        "activity_lines": [
          6.852,
          7.805636,
          10.113952,
          10.295398
        ]
      }
    ],
    "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."
    }
  }
}