{
  "ticker": {
    "uuid": "44f629f3-be37-441d-a2d2-0dcbdfa18702",
    "symbol": "AOPT",
    "name": "21Shares Optimism ETP",
    "exchange": "AMS",
    "country": "NL",
    "assetType": "etf"
  },
  "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": "^AEX",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -75.353,
    "architecture_energy": 70.701,
    "architecture_maturity": 100.0,
    "architecture_confidence": 82.108,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 8.65,
        "rotation_up": 21.63,
        "upward_expansion": 12.4,
        "deceleration": 48.38,
        "rotation_down": 71.27,
        "downward_expansion": 90.4
      },
      "activity_lines": [
        1.0009,
        1.046076,
        1.147415,
        1.230628
      ],
      "activity_state": "Moderate",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": -1.0
    },
    "latest_close": 0.978,
    "trend_reference": 1.490633,
    "distance_from_trend": -0.343903,
    "trend_direction": "Weakening",
    "fair_value": 13.827266,
    "distance_from_fair_value": -0.92927,
    "fair_value_direction": "Weakening",
    "relative_strength": -72.663523,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.604113,
    "excess_performance": -0.720775,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.343903,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.334058,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.92927,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.023176,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.726635,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.010296,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.604113,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.856327,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 2.856327,
      "dry_up": 0.489467,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.092017,
      "annualized_volatility": 0.778186,
      "from_high_reference": -0.890236,
      "from_low_reference": 0.0
    },
    "levels": {
      "trend_reference": 1.490633,
      "fair_value_reference": 13.827266,
      "structural_low": 0.978,
      "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": 13,
        "median_return": -0.072606,
        "positive_rate": 0.307692,
        "directional_follow_through": 0.692308,
        "median_excess_return": -0.082101,
        "regime_survival": 0.923077,
        "best_return": 0.163689,
        "worst_return": -0.469398,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.196824,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.258609,
        "regime_survival": 0.75,
        "best_return": 0.006179,
        "worst_return": -0.616818,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.62034,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.704883,
        "regime_survival": 1.0,
        "best_return": -0.567966,
        "worst_return": -0.672713,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.858601,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -1.03046,
        "regime_survival": 1.0,
        "best_return": -0.858601,
        "worst_return": -0.858601,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-13",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": 0.086456,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.114198,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-17",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.778938,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-12-08",
        "close": 23.360001,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 23.870001,
        "volume": 2759,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 26.780001,
        "volume": 114,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 26.780001,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 37.68,
        "volume": 100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 46.82,
        "volume": 4041,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 34.349998,
        "volume": 3106,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 34.740002,
        "volume": 3340,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 33.310001,
        "volume": 735,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 37.52,
        "volume": 1419,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 41.16,
        "volume": 1333,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 39.200001,
        "volume": 1190,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 41.849998,
        "volume": 2968,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 48.810001,
        "volume": 3752,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 41.25,
        "volume": 4104,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 38.220001,
        "volume": 6009,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 40.369999,
        "volume": 4628,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 32.529999,
        "volume": 2909,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 32.139999,
        "volume": 1294,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 24.85,
        "volume": 950,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 25.709999,
        "volume": 1384,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 31.120001,
        "volume": 126,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 27.9,
        "volume": 9007,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 28.35,
        "volume": 12127,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 27.85,
        "volume": 4438,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 26.93,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 27.629999,
        "volume": 2400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 21.99,
        "volume": 1389,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 20.35,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 19.77,
        "volume": 26069,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 18.32,
        "volume": 948,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 18.799999,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 20.32,
        "volume": 90,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 18.969999,
        "volume": 1121,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 17.85,
        "volume": 12376,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 15.07,
        "volume": 570,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 14.45,
        "volume": 116,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 15.94,
        "volume": 1500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 15.18,
        "volume": 2357,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 14.68,
        "volume": 650,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 14.68,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 14.68,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 20.48,
        "volume": 50,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 18.83,
        "volume": 50,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 18.1,
        "volume": 400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 18.6,
        "volume": 5060,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 18.809999,
        "volume": 57357,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 17.18,
        "volume": 4305,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 17.309999,
        "volume": 16925,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 16.6,
        "volume": 18223,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 24.049999,
        "volume": 50772,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 25.73,
        "volume": 14937,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 29.049999,
        "volume": 6348,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 27.559999,
        "volume": 2335,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 19.58,
        "volume": 10132,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 19.690001,
        "volume": 386,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 21.700001,
        "volume": 24186,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 18.950001,
        "volume": 2752,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 20.77,
        "volume": 109153,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 20.77,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 15.53,
        "volume": 1269,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 11.57,
        "volume": 5881,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 12.63,
        "volume": 4364,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 12.36,
        "volume": 500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 11.62,
        "volume": 1381,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 10.71,
        "volume": 1702,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 8.96,
        "volume": 498,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 9.41,
        "volume": 128,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 8.91,
        "volume": 4102,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 7.66,
        "volume": 4650,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 6.53,
        "volume": 900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 6.53,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 8.7303,
        "volume": 1584,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 8.2221,
        "volume": 1154,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 6.6233,
        "volume": 117,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 8.0085,
        "volume": 26700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 8.5437,
        "volume": 42318,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 7.3999,
        "volume": 959,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 6.9911,
        "volume": 260,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 7.2985,
        "volume": 21904,
        "typical_volume": 6018.55,
        "trend": 13.736247,
        "fair_value": 21.501592,
        "relative_strength": -53.509815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.02586,
        "energy": 61.997699,
        "activity_lines": [
          7.450167,
          7.540851,
          8.127004,
          10.185193
        ]
      },
      {
        "date": "2025-06-20",
        "close": 6.0013,
        "volume": 3350,
        "typical_volume": 6122.6,
        "trend": 13.134623,
        "fair_value": 21.310231,
        "relative_strength": -60.492351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.423337,
        "energy": 69.618582,
        "activity_lines": [
          6.901153,
          7.270589,
          7.821235,
          9.686164
        ]
      },
      {
        "date": "2025-06-27",
        "close": 5.8099,
        "volume": 4290,
        "typical_volume": 6043.05,
        "trend": 12.47062,
        "fair_value": 21.121202,
        "relative_strength": -61.568558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.4991,
        "energy": 69.267028,
        "activity_lines": [
          6.422153,
          6.97514,
          7.542613,
          9.213602
        ]
      },
      {
        "date": "2025-07-04",
        "close": 6.1331,
        "volume": 8632,
        "typical_volume": 6256.45,
        "trend": 11.706723,
        "fair_value": 20.940623,
        "relative_strength": -58.279743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.247089,
        "energy": 66.733287,
        "activity_lines": [
          6.23314,
          6.751547,
          7.3222,
          8.804729
        ]
      },
      {
        "date": "2025-07-11",
        "close": 7.366,
        "volume": 25687,
        "typical_volume": 7515.8,
        "trend": 11.03359,
        "fair_value": 20.77902,
        "relative_strength": -49.893835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.909205,
        "energy": 58.886998,
        "activity_lines": [
          6.539547,
          6.79934,
          7.250145,
          8.524683
        ]
      },
      {
        "date": "2025-07-18",
        "close": 7.5841,
        "volume": 500,
        "typical_volume": 7471.75,
        "trend": 10.633727,
        "fair_value": 20.623786,
        "relative_strength": -46.964779,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.677276,
        "energy": 45.577164,
        "activity_lines": [
          6.89366,
          6.902353,
          7.222641,
          8.302135
        ]
      },
      {
        "date": "2025-07-25",
        "close": 7.7536,
        "volume": 55198,
        "typical_volume": 10146.55,
        "trend": 10.235847,
        "fair_value": 20.474133,
        "relative_strength": -44.551032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.336675,
        "energy": 26.416809,
        "activity_lines": [
          7.285233,
          7.018715,
          7.2305,
          8.11632
        ]
      },
      {
        "date": "2025-08-01",
        "close": 6.9624,
        "volume": 18968,
        "typical_volume": 11070.05,
        "trend": 9.744593,
        "fair_value": 20.318825,
        "relative_strength": -48.254119,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.604079,
        "energy": 21.3181,
        "activity_lines": [
          7.296253,
          6.995856,
          7.177083,
          7.90513
        ]
      },
      {
        "date": "2025-08-08",
        "close": 7.9295,
        "volume": 6618,
        "typical_volume": 11394.55,
        "trend": 9.377243,
        "fair_value": 20.178037,
        "relative_strength": -40.885196,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.541877,
        "energy": 17.901245,
        "activity_lines": [
          7.552807,
          7.177585,
          7.225284,
          7.788027
        ]
      },
      {
        "date": "2025-08-15",
        "close": 8.3014,
        "volume": 6113,
        "typical_volume": 11495.1,
        "trend": 8.961623,
        "fair_value": 20.044592,
        "relative_strength": -37.886506,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.283451,
        "energy": 11.469357,
        "activity_lines": [
          7.813567,
          7.417304,
          7.315954,
          7.718618
        ]
      },
      {
        "date": "2025-08-22",
        "close": 8.0072,
        "volume": 2944,
        "typical_volume": 11409.8,
        "trend": 8.536197,
        "fair_value": 19.910843,
        "relative_strength": -40.540928,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.53431,
        "energy": 13.646044,
        "activity_lines": [
          7.9139,
          7.579707,
          7.381503,
          7.657042
        ]
      },
      {
        "date": "2025-08-29",
        "close": 7.4176,
        "volume": 7968,
        "typical_volume": 11763.2,
        "trend": 8.265783,
        "fair_value": 19.773555,
        "relative_strength": -43.307958,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.31283,
        "energy": 14.416026,
        "activity_lines": [
          7.789493,
          7.622025,
          7.389247,
          7.584875
        ]
      },
      {
        "date": "2025-09-05",
        "close": 7.3436,
        "volume": 1000,
        "typical_volume": 11813.2,
        "trend": 8.124903,
        "fair_value": 19.638447,
        "relative_strength": -43.366022,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.238253,
        "energy": 10.857733,
        "activity_lines": [
          7.66282,
          7.625138,
          7.385716,
          7.525379
        ]
      },
      {
        "date": "2025-09-12",
        "close": 7.3436,
        "volume": 0,
        "typical_volume": 11734.0,
        "trend": 7.94869,
        "fair_value": 19.506244,
        "relative_strength": -43.380507,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.227308,
        "energy": 13.825246,
        "activity_lines": [
          7.510733,
          7.600365,
          7.37831,
          7.474972
        ]
      },
      {
        "date": "2025-09-19",
        "close": 8.4894,
        "volume": 1477,
        "typical_volume": 11750.15,
        "trend": 7.81967,
        "fair_value": 19.389044,
        "relative_strength": -35.398802,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.67522,
        "energy": 5.458517,
        "activity_lines": [
          7.77964,
          7.761911,
          7.486632,
          7.509857
        ]
      },
      {
        "date": "2025-09-26",
        "close": 6.9467,
        "volume": 700,
        "typical_volume": 11779.3,
        "trend": 7.663893,
        "fair_value": 19.258072,
        "relative_strength": -46.526206,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.750339,
        "energy": 18.421272,
        "activity_lines": [
          7.52178,
          7.62254,
          7.446758,
          7.453536
        ]
      },
      {
        "date": "2025-10-03",
        "close": 7.1756,
        "volume": 520,
        "typical_volume": 10470.3,
        "trend": 7.54608,
        "fair_value": 19.132212,
        "relative_strength": -45.088718,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.871526,
        "energy": 14.697886,
        "activity_lines": [
          7.41092,
          7.536376,
          7.427143,
          7.422034
        ]
      },
      {
        "date": "2025-10-10",
        "close": 7.3534,
        "volume": 400,
        "typical_volume": 8374.4,
        "trend": 7.492527,
        "fair_value": 19.010781,
        "relative_strength": -41.479745,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -6.78076,
        "energy": 5.991618,
        "activity_lines": [
          7.37546,
          7.493049,
          7.428428,
          7.409603
        ]
      },
      {
        "date": "2025-10-17",
        "close": 4.4241,
        "volume": 14370,
        "typical_volume": 9044.95,
        "trend": 7.32633,
        "fair_value": 18.861938,
        "relative_strength": -64.544639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.094062,
        "energy": 69.524657,
        "activity_lines": [
          6.362913,
          6.910013,
          7.1564,
          7.21164
        ]
      },
      {
        "date": "2025-10-24",
        "close": 4.5842,
        "volume": 137,
        "typical_volume": 9038.8,
        "trend": 7.182137,
        "fair_value": 18.717718,
        "relative_strength": -63.249357,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.76213,
        "energy": 84.454104,
        "activity_lines": [
          5.598367,
          6.41982,
          6.91379,
          7.034728
        ]
      },
      {
        "date": "2025-10-31",
        "close": 4.7939,
        "volume": 9518,
        "typical_volume": 8419.5,
        "trend": 7.0866,
        "fair_value": 18.57848,
        "relative_strength": -60.404121,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.794715,
        "energy": 89.058522,
        "activity_lines": [
          5.164067,
          6.03534,
          6.702612,
          6.880648
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3.8323,
        "volume": 4583,
        "typical_volume": 8481.15,
        "trend": 6.996677,
        "fair_value": 18.432478,
        "relative_strength": -66.851088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.330097,
        "energy": 95.0961,
        "activity_lines": [
          4.552753,
          5.534447,
          6.411781,
          6.670693
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4.1562,
        "volume": 207,
        "typical_volume": 8277.0,
        "trend": 6.91755,
        "fair_value": 18.292515,
        "relative_strength": -63.227424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.023344,
        "energy": 89.833493,
        "activity_lines": [
          4.272293,
          5.157633,
          6.162126,
          6.487437
        ]
      },
      {
        "date": "2025-11-21",
        "close": 3.2945,
        "volume": 744,
        "typical_volume": 7882.6,
        "trend": 6.736357,
        "fair_value": 18.146903,
        "relative_strength": -68.858373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.305518,
        "energy": 94.242615,
        "activity_lines": [
          3.917747,
          4.682098,
          5.838279,
          6.253692
        ]
      },
      {
        "date": "2025-11-28",
        "close": 3.3585,
        "volume": 953,
        "typical_volume": 6645.9,
        "trend": 6.574237,
        "fair_value": 18.004707,
        "relative_strength": -67.408057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.9253,
        "energy": 91.570451,
        "activity_lines": [
          3.65984,
          4.29182,
          5.534044,
          6.035765
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2.976,
        "volume": 32,
        "typical_volume": 6622.5,
        "trend": 6.45266,
        "fair_value": 17.861576,
        "relative_strength": -69.674135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.819772,
        "energy": 90.273789,
        "activity_lines": [
          3.356147,
          3.925285,
          5.212464,
          5.803621
        ]
      },
      {
        "date": "2025-12-12",
        "close": 3.1532,
        "volume": 893,
        "typical_volume": 3907.25,
        "trend": 6.290817,
        "fair_value": 17.722818,
        "relative_strength": -65.855283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.715315,
        "energy": 77.165989,
        "activity_lines": [
          3.232713,
          3.663164,
          4.929703,
          5.590753
        ]
      },
      {
        "date": "2025-12-19",
        "close": 3.1269,
        "volume": 200,
        "typical_volume": 2968.85,
        "trend": 6.110257,
        "fair_value": 17.586407,
        "relative_strength": -65.014901,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.891245,
        "energy": 78.19479,
        "activity_lines": [
          3.145787,
          3.469395,
          4.666345,
          5.386629
        ]
      },
      {
        "date": "2025-12-26",
        "close": 3.1269,
        "volume": 0,
        "typical_volume": 2637.95,
        "trend": 5.967823,
        "fair_value": 17.452523,
        "relative_strength": -63.480483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.375843,
        "energy": 83.233851,
        "activity_lines": [
          3.12748,
          3.352471,
          4.42125,
          5.194154
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2.8263,
        "volume": 1500,
        "typical_volume": 2407.3,
        "trend": 5.828997,
        "fair_value": 17.318338,
        "relative_strength": -66.348143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.872901,
        "energy": 79.455929,
        "activity_lines": [
          3.020147,
          3.204478,
          4.170397,
          4.991475
        ]
      },
      {
        "date": "2026-01-09",
        "close": 3.3995,
        "volume": 1690,
        "typical_volume": 2344.6,
        "trend": 5.69903,
        "fair_value": 17.191803,
        "relative_strength": -58.734765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.379747,
        "energy": 63.710853,
        "activity_lines": [
          3.13936,
          3.192665,
          4.000206,
          4.834734
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3.6651,
        "volume": 1,
        "typical_volume": 1946.25,
        "trend": 5.621157,
        "fair_value": 17.069941,
        "relative_strength": -54.476711,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.295961,
        "energy": 77.490648,
        "activity_lines": [
          3.318873,
          3.254496,
          3.877252,
          4.703512
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3.2188,
        "volume": 302,
        "typical_volume": 1911.35,
        "trend": 5.534787,
        "fair_value": 16.94627,
        "relative_strength": -57.587813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.666755,
        "energy": 58.947584,
        "activity_lines": [
          3.315493,
          3.238222,
          3.729662,
          4.548522
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2.7845,
        "volume": 1251,
        "typical_volume": 1973.9,
        "trend": 5.423167,
        "fair_value": 16.820944,
        "relative_strength": -62.012338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.992575,
        "energy": 63.435078,
        "activity_lines": [
          3.16122,
          3.160027,
          3.560352,
          4.371084
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2.4704,
        "volume": 1959,
        "typical_volume": 1998.0,
        "trend": 5.25998,
        "fair_value": 16.695062,
        "relative_strength": -65.165209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.359098,
        "energy": 91.717864,
        "activity_lines": [
          2.925073,
          3.033996,
          3.382838,
          4.180583
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1.8576,
        "volume": 4847,
        "typical_volume": 2205.35,
        "trend": 5.069097,
        "fair_value": 16.566041,
        "relative_strength": -72.927537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.509141,
        "energy": 80.343401,
        "activity_lines": [
          2.508387,
          2.812695,
          3.175623,
          3.961074
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1.461,
        "volume": 195,
        "typical_volume": 2189.1,
        "trend": 4.859343,
        "fair_value": 16.435825,
        "relative_strength": -78.502959,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.220878,
        "energy": 98.125379,
        "activity_lines": [
          2.062293,
          2.539618,
          2.954871,
          3.728294
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1.2724,
        "volume": 24818,
        "typical_volume": 3410.0,
        "trend": 4.669677,
        "fair_value": 16.306223,
        "relative_strength": -80.820962,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.720722,
        "energy": 97.4036,
        "activity_lines": [
          1.700273,
          2.263018,
          2.74337,
          3.496878
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.3108,
        "volume": 2332,
        "typical_volume": 2808.1,
        "trend": 4.449053,
        "fair_value": 16.179143,
        "relative_strength": -78.639068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.901118,
        "energy": 93.633464,
        "activity_lines": [
          1.480813,
          2.027118,
          2.564483,
          3.280177
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.2842,
        "volume": 300,
        "typical_volume": 2816.25,
        "trend": 4.215147,
        "fair_value": 16.053976,
        "relative_strength": -78.961357,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.141109,
        "energy": 91.245856,
        "activity_lines": [
          1.350733,
          1.819402,
          2.397888,
          3.075992
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1.2842,
        "volume": 0,
        "typical_volume": 2340.35,
        "trend": 3.991047,
        "fair_value": 15.930894,
        "relative_strength": -77.448359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.217868,
        "energy": 85.180859,
        "activity_lines": [
          1.299733,
          1.639724,
          2.247007,
          2.886899
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1.2842,
        "volume": 0,
        "typical_volume": 2111.2,
        "trend": 3.7866,
        "fair_value": 15.809847,
        "relative_strength": -76.775826,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.093248,
        "energy": 69.270417,
        "activity_lines": [
          1.28696,
          1.498505,
          2.112839,
          2.712264
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1.1137,
        "volume": 300,
        "typical_volume": 2115.85,
        "trend": 3.578937,
        "fair_value": 15.689387,
        "relative_strength": -79.640581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.09645,
        "energy": 72.222427,
        "activity_lines": [
          1.22914,
          1.369576,
          1.974566,
          2.539819
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1.1847,
        "volume": 1737,
        "typical_volume": 2165.5,
        "trend": 3.37364,
        "fair_value": 15.571463,
        "relative_strength": -78.580558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.841084,
        "energy": 69.695631,
        "activity_lines": [
          1.205567,
          1.291831,
          1.857544,
          2.385352
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1.4044,
        "volume": 1800,
        "typical_volume": 2207.85,
        "trend": 3.137473,
        "fair_value": 15.457212,
        "relative_strength": -74.375282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.154862,
        "energy": 67.805241,
        "activity_lines": [
          1.263633,
          1.283118,
          1.771492,
          2.258304
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1.296,
        "volume": 1100,
        "typical_volume": 2261.25,
        "trend": 2.949117,
        "fair_value": 15.343922,
        "relative_strength": -75.513752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.651678,
        "energy": 63.781822,
        "activity_lines": [
          1.277553,
          1.274078,
          1.684421,
          2.139499
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1.296,
        "volume": 0,
        "typical_volume": 2216.6,
        "trend": 2.75313,
        "fair_value": 15.232431,
        "relative_strength": -74.614606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.968887,
        "energy": 62.463948,
        "activity_lines": [
          1.290687,
          1.275249,
          1.605351,
          2.032847
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1.4202,
        "volume": 7100,
        "typical_volume": 2561.6,
        "trend": 2.555357,
        "fair_value": 15.123673,
        "relative_strength": -71.633948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.524955,
        "energy": 59.323082,
        "activity_lines": [
          1.344433,
          1.302002,
          1.546953,
          1.946851
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1.5219,
        "volume": 10000,
        "typical_volume": 3061.6,
        "trend": 2.458617,
        "fair_value": 15.017409,
        "relative_strength": -68.51707,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.50735,
        "energy": 57.246307,
        "activity_lines": [
          1.411647,
          1.344558,
          1.506368,
          1.880177
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1.5219,
        "volume": 0,
        "typical_volume": 2986.6,
        "trend": 2.35654,
        "fair_value": 14.912793,
        "relative_strength": -68.567008,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.458972,
        "energy": 63.327466,
        "activity_lines": [
          1.45638,
          1.383276,
          1.473425,
          1.819743
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1.2492,
        "volume": 370,
        "typical_volume": 2920.6,
        "trend": 2.238383,
        "fair_value": 14.807688,
        "relative_strength": -73.189049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.070682,
        "energy": 60.68078,
        "activity_lines": [
          1.40238,
          1.368091,
          1.420723,
          1.748302
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.2492,
        "volume": 0,
        "typical_volume": 2920.55,
        "trend": 2.15228,
        "fair_value": 14.704189,
        "relative_strength": -72.60871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.348842,
        "energy": 69.019076,
        "activity_lines": [
          1.3515,
          1.353542,
          1.37826,
          1.684484
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1.032,
        "volume": 0,
        "typical_volume": 2905.45,
        "trend": 2.04814,
        "fair_value": 14.600611,
        "relative_strength": -77.523758,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.638966,
        "energy": 75.681428,
        "activity_lines": [
          1.23134,
          1.300138,
          1.326616,
          1.612208
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.1585,
        "volume": 0,
        "typical_volume": 2842.9,
        "trend": 1.97694,
        "fair_value": 14.499543,
        "relative_strength": -74.047994,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.526514,
        "energy": 68.830314,
        "activity_lines": [
          1.179227,
          1.27122,
          1.297432,
          1.554811
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1.1585,
        "volume": 0,
        "typical_volume": 2744.95,
        "trend": 1.903607,
        "fair_value": 14.399983,
        "relative_strength": -72.965852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.275293,
        "energy": 67.043303,
        "activity_lines": [
          1.15134,
          1.242778,
          1.275992,
          1.502009
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1.1006,
        "volume": 300,
        "typical_volume": 2517.6,
        "trend": 1.841093,
        "fair_value": 14.301469,
        "relative_strength": -74.143397,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.169522,
        "energy": 69.39385,
        "activity_lines": [
          1.12838,
          1.20828,
          1.255284,
          1.450202
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1.0925,
        "volume": 331,
        "typical_volume": 2524.4,
        "trend": 1.772403,
        "fair_value": 14.204344,
        "relative_strength": -73.450904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.41647,
        "energy": 67.557658,
        "activity_lines": [
          1.112627,
          1.175862,
          1.23741,
          1.401906
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.0925,
        "volume": 0,
        "typical_volume": 1283.5,
        "trend": 1.70459,
        "fair_value": 14.108637,
        "relative_strength": -72.624162,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.853046,
        "energy": 67.330344,
        "activity_lines": [
          1.10732,
          1.147144,
          1.22129,
          1.358041
        ]
      },
      {
        "date": "2026-07-24",
        "close": 0.978,
        "volume": 2500,
        "typical_volume": 1291.9,
        "trend": 1.63296,
        "fair_value": 14.013488,
        "relative_strength": -74.417852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.244863,
        "energy": 72.790279,
        "activity_lines": [
          1.059813,
          1.103565,
          1.195123,
          1.311164
        ]
      },
      {
        "date": "2026-07-31",
        "close": 0.978,
        "volume": 0,
        "typical_volume": 1276.9,
        "trend": 1.57135,
        "fair_value": 13.919707,
        "relative_strength": -73.621193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.534964,
        "energy": 70.514784,
        "activity_lines": [
          1.02434,
          1.069876,
          1.17054,
          1.268909
        ]
      },
      {
        "date": "2026-08-07",
        "close": 0.978,
        "volume": 0,
        "typical_volume": 1276.9,
        "trend": 1.490633,
        "fair_value": 13.827266,
        "relative_strength": -72.663523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.352993,
        "energy": 70.701387,
        "activity_lines": [
          1.0009,
          1.046076,
          1.147415,
          1.230628
        ]
      }
    ],
    "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."
    }
  }
}