{
  "ticker": {
    "uuid": "47c25569-26a2-40e7-ba76-b72e132663ee",
    "symbol": "CEYE",
    "name": "Chamni's Eye Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "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": -69.888,
    "architecture_energy": 60.71,
    "architecture_maturity": 92.973,
    "architecture_confidence": 96,
    "architecture_tenure": "Established",
    "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": 7.31,
        "rotation_up": 28.7,
        "upward_expansion": 10.49,
        "deceleration": 58.05,
        "rotation_down": 56.43,
        "downward_expansion": 86.15
      },
      "activity_lines": [
        1.13,
        1.137273,
        1.164286,
        1.221685
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 1.12,
    "trend_reference": 1.322917,
    "distance_from_trend": -0.153386,
    "trend_direction": "Weakening",
    "fair_value": 2.521974,
    "distance_from_fair_value": -0.555903,
    "fair_value_direction": "Improving",
    "relative_strength": -35.934466,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.330144,
    "excess_performance": -0.522469,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.153386,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.119435,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.555903,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.004988,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.359345,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.021555,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.330144,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.223802,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 53800,
      "relative_activity": 0.310104,
      "balance": 0.223802,
      "dry_up": 0.289354,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.042582,
      "annualized_volatility": 0.262165,
      "from_high_reference": -0.379501,
      "from_low_reference": 0.018182
    },
    "levels": {
      "trend_reference": 1.322917,
      "fair_value_reference": 2.521974,
      "structural_low": 1.1,
      "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": 29,
        "median_return": -0.022222,
        "positive_rate": 0.206897,
        "directional_follow_through": 0.758621,
        "median_excess_return": -0.034477,
        "regime_survival": 0.896552,
        "best_return": 0.166667,
        "worst_return": -0.174497,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.105556,
        "positive_rate": 0.111111,
        "directional_follow_through": 0.888889,
        "median_excess_return": -0.101993,
        "regime_survival": 0.888889,
        "best_return": 0.052632,
        "worst_return": -0.221968,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.218085,
        "positive_rate": 0.2,
        "directional_follow_through": 0.8,
        "median_excess_return": -0.236411,
        "regime_survival": 0.8,
        "best_return": 0.035461,
        "worst_return": -0.304094,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.296173,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.251725,
        "regime_survival": 0.5,
        "best_return": -0.192439,
        "worst_return": -0.399908,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-11-03",
        "end": "2024-01-12",
        "tenure": "Developing",
        "return": 0.071771,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-01-19",
        "end": "2024-02-09",
        "tenure": "New",
        "return": -0.082609,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-02-16",
        "end": "2024-05-24",
        "tenure": "Established",
        "return": -0.127787,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-31",
        "end": "2024-10-11",
        "tenure": "Established",
        "return": -0.079787,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-18",
        "end": "2024-11-08",
        "tenure": "New",
        "return": -0.076023,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-15",
        "end": "2025-12-26",
        "tenure": "Extended",
        "return": -0.382664,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": -0.077348,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-20",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.28113,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 3.937157,
        "volume": 2916300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 4.096771,
        "volume": 2341100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 4.167711,
        "volume": 3084200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 4.256386,
        "volume": 2439100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 4.079037,
        "volume": 1465700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 3.972627,
        "volume": 1891700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 3.972627,
        "volume": 412700,
        "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": "2023-10-06",
        "close": 3.901687,
        "volume": 1226700,
        "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": "2023-10-13",
        "close": 3.883952,
        "volume": 736400,
        "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": "2023-10-20",
        "close": 3.795277,
        "volume": 377400,
        "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": "2023-10-27",
        "close": 3.635663,
        "volume": 736100,
        "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": "2023-11-03",
        "close": 3.706602,
        "volume": 931000,
        "typical_volume": 1472190.0,
        "trend": 4.040764,
        "fair_value": 4.104236,
        "relative_strength": 0.383067,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.11868,
        "energy": 71.241945,
        "activity_lines": [
          3.742072,
          3.843968,
          3.919929,
          3.954183
        ]
      },
      {
        "date": "2023-11-10",
        "close": 3.724337,
        "volume": 367900,
        "typical_volume": 1424935.0,
        "trend": 4.004643,
        "fair_value": 4.099546,
        "relative_strength": 2.834976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.644936,
        "energy": 67.753332,
        "activity_lines": [
          3.721973,
          3.805273,
          3.8989,
          3.933768
        ]
      },
      {
        "date": "2023-11-17",
        "close": 3.759807,
        "volume": 230700,
        "typical_volume": 1382195.0,
        "trend": 3.979721,
        "fair_value": 4.095403,
        "relative_strength": 1.724031,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.1971,
        "energy": 61.850756,
        "activity_lines": [
          3.725519,
          3.781089,
          3.882347,
          3.917973
        ]
      },
      {
        "date": "2023-11-24",
        "close": 3.724337,
        "volume": 542000,
        "typical_volume": 1386570.0,
        "trend": 3.960212,
        "fair_value": 4.090932,
        "relative_strength": 1.908049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.667703,
        "energy": 45.30877,
        "activity_lines": [
          3.725519,
          3.759485,
          3.863177,
          3.901496
        ]
      },
      {
        "date": "2023-12-01",
        "close": 3.706602,
        "volume": 561500,
        "typical_volume": 1341995.0,
        "trend": 3.938339,
        "fair_value": 4.086357,
        "relative_strength": 2.375774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.272713,
        "energy": 42.913483,
        "activity_lines": [
          3.724337,
          3.741105,
          3.843077,
          3.885134
        ]
      },
      {
        "date": "2023-12-08",
        "close": 3.617928,
        "volume": 402600,
        "typical_volume": 1173570.0,
        "trend": 3.917057,
        "fair_value": 4.080846,
        "relative_strength": -0.266767,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.65554,
        "energy": 55.227902,
        "activity_lines": [
          3.688867,
          3.711439,
          3.815715,
          3.864463
        ]
      },
      {
        "date": "2023-12-15",
        "close": 3.688868,
        "volume": 598000,
        "typical_volume": 1115915.0,
        "trend": 3.909372,
        "fair_value": 4.076288,
        "relative_strength": 0.751157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.621755,
        "energy": 50.834771,
        "activity_lines": [
          3.682956,
          3.701121,
          3.797051,
          3.849741
        ]
      },
      {
        "date": "2023-12-22",
        "close": 3.813012,
        "volume": 447700,
        "typical_volume": 1112205.0,
        "trend": 3.904643,
        "fair_value": 4.073262,
        "relative_strength": 2.79966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.456011,
        "energy": 34.979903,
        "activity_lines": [
          3.72079,
          3.717243,
          3.791477,
          3.843524
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3.848482,
        "volume": 251900,
        "typical_volume": 1098035.0,
        "trend": 3.898731,
        "fair_value": 4.070708,
        "relative_strength": 2.650835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.269326,
        "energy": 23.120874,
        "activity_lines": [
          3.766901,
          3.741105,
          3.789703,
          3.839901
        ]
      },
      {
        "date": "2024-01-05",
        "close": 3.990362,
        "volume": 739700,
        "typical_volume": 989205.0,
        "trend": 3.892819,
        "fair_value": 4.069805,
        "relative_strength": 5.168992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -1.395658,
        "energy": 15.759734,
        "activity_lines": [
          3.852029,
          3.789796,
          3.801696,
          3.845812
        ]
      },
      {
        "date": "2024-01-12",
        "close": 3.972627,
        "volume": 691800,
        "typical_volume": 906740.0,
        "trend": 3.891637,
        "fair_value": 4.068725,
        "relative_strength": 5.441213,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 25.552212,
        "energy": 31.951112,
        "activity_lines": [
          3.912328,
          3.828812,
          3.811745,
          3.850961
        ]
      },
      {
        "date": "2024-01-19",
        "close": 4.079037,
        "volume": 2813900,
        "typical_volume": 893225.0,
        "trend": 3.895775,
        "fair_value": 4.068839,
        "relative_strength": 10.318333,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.167572,
        "energy": 41.314439,
        "activity_lines": [
          3.98445,
          3.88234,
          3.832521,
          3.863051
        ]
      },
      {
        "date": "2024-01-26",
        "close": 3.954892,
        "volume": 4915700,
        "typical_volume": 1017055.0,
        "trend": 3.896958,
        "fair_value": 4.0676,
        "relative_strength": 7.782394,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.366859,
        "energy": 43.043038,
        "activity_lines": [
          3.98918,
          3.906846,
          3.841895,
          3.866865
        ]
      },
      {
        "date": "2024-02-02",
        "close": 3.901687,
        "volume": 9914300,
        "typical_volume": 1439485.0,
        "trend": 3.897549,
        "fair_value": 4.065816,
        "relative_strength": 4.862539,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.828011,
        "energy": 36.627577,
        "activity_lines": [
          3.966715,
          3.918132,
          3.847638,
          3.867171
        ]
      },
      {
        "date": "2024-02-09",
        "close": 3.742073,
        "volume": 9738500,
        "typical_volume": 1831825.0,
        "trend": 3.890455,
        "fair_value": 4.062372,
        "relative_strength": 0.126889,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -12.773873,
        "energy": 10.543867,
        "activity_lines": [
          3.887499,
          3.897173,
          3.839024,
          3.85714
        ]
      },
      {
        "date": "2024-02-16",
        "close": 3.937157,
        "volume": 5379800,
        "typical_volume": 2080180.0,
        "trend": 3.887499,
        "fair_value": 4.061054,
        "relative_strength": 5.246959,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.310353,
        "energy": 5.064767,
        "activity_lines": [
          3.889864,
          3.911038,
          3.850087,
          3.860153
        ]
      },
      {
        "date": "2024-02-23",
        "close": 3.883952,
        "volume": 5856800,
        "typical_volume": 2311685.0,
        "trend": 3.885134,
        "fair_value": 4.059209,
        "relative_strength": 2.928994,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.333485,
        "energy": 8.711244,
        "activity_lines": [
          3.876858,
          3.909426,
          3.856252,
          3.859924
        ]
      },
      {
        "date": "2024-03-01",
        "close": 3.919422,
        "volume": 8743700,
        "typical_volume": 2712050.0,
        "trend": 3.885726,
        "fair_value": 4.057768,
        "relative_strength": 6.055296,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.295301,
        "energy": 6.441241,
        "activity_lines": [
          3.888681,
          3.910716,
          3.865879,
          3.862136
        ]
      },
      {
        "date": "2024-03-08",
        "close": 3.901687,
        "volume": 10430500,
        "typical_volume": 3214705.0,
        "trend": 3.885726,
        "fair_value": 4.056175,
        "relative_strength": 4.031879,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.329609,
        "energy": 5.972754,
        "activity_lines": [
          3.896958,
          3.906846,
          3.873649,
          3.863166
        ]
      },
      {
        "date": "2024-03-15",
        "close": 4.021681,
        "volume": 5575000,
        "typical_volume": 3456650.0,
        "trend": 3.888543,
        "fair_value": 4.055827,
        "relative_strength": 7.099981,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 27.070633,
        "energy": 18.446952,
        "activity_lines": [
          3.945232,
          3.923827,
          3.89234,
          3.871937
        ]
      },
      {
        "date": "2024-03-22",
        "close": 3.893134,
        "volume": 1791000,
        "typical_volume": 3499650.0,
        "trend": 3.881755,
        "fair_value": 4.0542,
        "relative_strength": 3.89826,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 18.613087,
        "energy": 14.349352,
        "activity_lines": [
          3.932017,
          3.916865,
          3.89695,
          3.872233
        ]
      },
      {
        "date": "2024-03-29",
        "close": 3.856406,
        "volume": 834500,
        "typical_volume": 3522980.0,
        "trend": 3.871378,
        "fair_value": 4.052242,
        "relative_strength": 3.030624,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.714577,
        "energy": 7.951187,
        "activity_lines": [
          3.909494,
          3.904671,
          3.897174,
          3.870598
        ]
      },
      {
        "date": "2024-04-05",
        "close": 3.819679,
        "volume": 1428000,
        "typical_volume": 3582845.0,
        "trend": 3.856821,
        "fair_value": 4.049962,
        "relative_strength": 2.441411,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.019666,
        "energy": 5.961385,
        "activity_lines": [
          3.876565,
          3.889848,
          3.893271,
          3.867263
        ]
      },
      {
        "date": "2024-04-12",
        "close": 3.801315,
        "volume": 318800,
        "typical_volume": 3571685.0,
        "trend": 3.847564,
        "fair_value": 4.047547,
        "relative_strength": 0.642042,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.047237,
        "energy": 13.256545,
        "activity_lines": [
          3.844164,
          3.874144,
          3.887334,
          3.863682
        ]
      },
      {
        "date": "2024-04-19",
        "close": 3.801315,
        "volume": 208100,
        "typical_volume": 3554015.0,
        "trend": 3.841854,
        "fair_value": 4.04518,
        "relative_strength": 5.529169,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.481568,
        "energy": 18.493235,
        "activity_lines": [
          3.818455,
          3.860264,
          3.881031,
          3.860698
        ]
      },
      {
        "date": "2024-04-26",
        "close": 3.801315,
        "volume": 303000,
        "typical_volume": 3549035.0,
        "trend": 3.836143,
        "fair_value": 4.042857,
        "relative_strength": 3.384292,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.717598,
        "energy": 25.386552,
        "activity_lines": [
          3.807436,
          3.845308,
          3.874277,
          3.858082
        ]
      },
      {
        "date": "2024-05-03",
        "close": 3.838042,
        "volume": 417500,
        "typical_volume": 3540010.0,
        "trend": 3.834022,
        "fair_value": 4.040925,
        "relative_strength": 3.654931,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.522197,
        "energy": 25.066751,
        "activity_lines": [
          3.814782,
          3.839499,
          3.870147,
          3.858205
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3.838042,
        "volume": 292000,
        "typical_volume": 3532225.0,
        "trend": 3.832491,
        "fair_value": 4.039029,
        "relative_strength": 3.452691,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.033544,
        "energy": 15.329104,
        "activity_lines": [
          3.823351,
          3.834525,
          3.865307,
          3.858464
        ]
      },
      {
        "date": "2024-05-17",
        "close": 3.470766,
        "volume": 342500,
        "typical_volume": 3536755.0,
        "trend": 3.821674,
        "fair_value": 4.033767,
        "relative_strength": -7.125534,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -55.076755,
        "energy": 54.597203,
        "activity_lines": [
          3.708271,
          3.764253,
          3.825369,
          3.835127
        ]
      },
      {
        "date": "2024-05-24",
        "close": 3.434038,
        "volume": 136300,
        "typical_volume": 3506585.0,
        "trend": 3.814953,
        "fair_value": 4.028265,
        "relative_strength": -6.838407,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -83.578061,
        "energy": 79.320201,
        "activity_lines": [
          3.602985,
          3.695138,
          3.783731,
          3.810118
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3.452402,
        "volume": 227600,
        "typical_volume": 3483375.0,
        "trend": 3.80648,
        "fair_value": 4.02303,
        "relative_strength": -4.98729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.431024,
        "energy": 83.909526,
        "activity_lines": [
          3.528306,
          3.640047,
          3.746492,
          3.786728
        ]
      },
      {
        "date": "2024-06-07",
        "close": 3.452402,
        "volume": 233600,
        "typical_volume": 3354360.0,
        "trend": 3.797416,
        "fair_value": 4.017889,
        "relative_strength": -4.004977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.084147,
        "energy": 85.782076,
        "activity_lines": [
          3.476887,
          3.592969,
          3.71173,
          3.763884
        ]
      },
      {
        "date": "2024-06-14",
        "close": 3.305491,
        "volume": 472200,
        "typical_volume": 3132185.0,
        "trend": 3.782272,
        "fair_value": 4.011529,
        "relative_strength": -6.221264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.88193,
        "energy": 91.452808,
        "activity_lines": [
          3.402207,
          3.526525,
          3.665961,
          3.732147
        ]
      },
      {
        "date": "2024-06-21",
        "close": 3.305491,
        "volume": 62200,
        "typical_volume": 2639580.0,
        "trend": 3.76831,
        "fair_value": 4.00528,
        "relative_strength": -6.145787,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.131483,
        "energy": 89.76269,
        "activity_lines": [
          3.363031,
          3.46943,
          3.623284,
          3.701387
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3.213672,
        "volume": 209100,
        "typical_volume": 2163110.0,
        "trend": 3.751879,
        "fair_value": 3.998337,
        "relative_strength": -8.280735,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.836306,
        "energy": 88.682329,
        "activity_lines": [
          3.304267,
          3.404656,
          3.574701,
          3.665604
        ]
      },
      {
        "date": "2024-07-05",
        "close": 3.2504,
        "volume": 222700,
        "typical_volume": 1905255.0,
        "trend": 3.739628,
        "fair_value": 3.991833,
        "relative_strength": -7.928044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.769147,
        "energy": 78.39673,
        "activity_lines": [
          3.272436,
          3.357244,
          3.532132,
          3.63325
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3.287127,
        "volume": 81600,
        "typical_volume": 1616495.0,
        "trend": 3.726237,
        "fair_value": 3.985758,
        "relative_strength": -8.198878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.310637,
        "energy": 63.092223,
        "activity_lines": [
          3.266315,
          3.326526,
          3.496332,
          3.604057
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3.268763,
        "volume": 114500,
        "typical_volume": 1185035.0,
        "trend": 3.708095,
        "fair_value": 3.97963,
        "relative_strength": -7.579317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.513644,
        "energy": 56.770551,
        "activity_lines": [
          3.265091,
          3.302486,
          3.461624,
          3.574542
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3.176944,
        "volume": 124400,
        "typical_volume": 669730.0,
        "trend": 3.685711,
        "fair_value": 3.972827,
        "relative_strength": -9.407192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.853018,
        "energy": 57.746224,
        "activity_lines": [
          3.235708,
          3.272102,
          3.421271,
          3.540275
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3.140217,
        "volume": 90100,
        "typical_volume": 395485.0,
        "trend": 3.657373,
        "fair_value": 3.96583,
        "relative_strength": -10.753796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.328052,
        "energy": 55.890732,
        "activity_lines": [
          3.202654,
          3.240383,
          3.38087,
          3.505081
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2.791304,
        "volume": 640500,
        "typical_volume": 337960.0,
        "trend": 3.617995,
        "fair_value": 3.956043,
        "relative_strength": -19.465713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.668721,
        "energy": 67.534717,
        "activity_lines": [
          3.058192,
          3.150567,
          3.311438,
          3.449206
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2.754576,
        "volume": 364400,
        "typical_volume": 314455.0,
        "trend": 3.573846,
        "fair_value": 3.946113,
        "relative_strength": -20.614156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.905851,
        "energy": 89.819305,
        "activity_lines": [
          2.932093,
          3.066093,
          3.243754,
          3.393502
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2.754576,
        "volume": 152200,
        "typical_volume": 250665.0,
        "trend": 3.533836,
        "fair_value": 3.936346,
        "relative_strength": -23.325186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.755464,
        "energy": 88.966258,
        "activity_lines": [
          2.841498,
          2.994308,
          3.181317,
          3.340645
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2.846395,
        "volume": 178700,
        "typical_volume": 243660.0,
        "trend": 3.498659,
        "fair_value": 3.927485,
        "relative_strength": -20.683642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.428721,
        "energy": 84.641246,
        "activity_lines": [
          2.815789,
          2.949233,
          3.132696,
          3.296294
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2.91985,
        "volume": 267800,
        "typical_volume": 246645.0,
        "trend": 3.471252,
        "fair_value": 3.919359,
        "relative_strength": -22.144454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.877762,
        "energy": 67.41678,
        "activity_lines": [
          2.836601,
          2.92586,
          3.095619,
          3.258952
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3.066761,
        "volume": 22500,
        "typical_volume": 232620.0,
        "trend": 3.442239,
        "fair_value": 3.912538,
        "relative_strength": -17.744222,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.870819,
        "energy": 49.834778,
        "activity_lines": [
          2.921075,
          2.934541,
          3.07673,
          3.232856
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3.213672,
        "volume": 52900,
        "typical_volume": 214390.0,
        "trend": 3.419896,
        "fair_value": 3.906992,
        "relative_strength": -15.178395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.573131,
        "energy": 26.641944,
        "activity_lines": [
          3.036155,
          2.973273,
          3.075331,
          3.218109
        ]
      },
      {
        "date": "2024-09-27",
        "close": 3.305491,
        "volume": 69800,
        "typical_volume": 203280.0,
        "trend": 3.399432,
        "fair_value": 3.902255,
        "relative_strength": -12.390876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.16327,
        "energy": 23.750273,
        "activity_lines": [
          3.151235,
          3.030033,
          3.08565,
          3.210728
        ]
      },
      {
        "date": "2024-10-04",
        "close": 3.2504,
        "volume": 260900,
        "typical_volume": 199200.0,
        "trend": 3.377722,
        "fair_value": 3.897163,
        "relative_strength": -13.202785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.227091,
        "energy": 24.751622,
        "activity_lines": [
          3.211223,
          3.07611,
          3.093258,
          3.201113
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3.176944,
        "volume": 79100,
        "typical_volume": 196340.0,
        "trend": 3.349564,
        "fair_value": 3.89158,
        "relative_strength": -16.335772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.854228,
        "energy": 21.320776,
        "activity_lines": [
          3.219793,
          3.107495,
          3.094919,
          3.18816
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3.140217,
        "volume": 186600,
        "typical_volume": 194290.0,
        "trend": 3.324467,
        "fair_value": 3.8858,
        "relative_strength": -18.028737,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.717027,
        "energy": 17.479999,
        "activity_lines": [
          3.198981,
          3.131536,
          3.094307,
          3.174654
        ]
      },
      {
        "date": "2024-10-25",
        "close": 3.066761,
        "volume": 118100,
        "typical_volume": 188515.0,
        "trend": 3.298146,
        "fair_value": 3.879548,
        "relative_strength": -18.181837,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.563627,
        "energy": 10.719557,
        "activity_lines": [
          3.148786,
          3.135876,
          3.088186,
          3.158028
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2.993306,
        "volume": 114000,
        "typical_volume": 170605.0,
        "trend": 3.2706,
        "fair_value": 3.872834,
        "relative_strength": -19.841593,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.936119,
        "energy": 22.56525,
        "activity_lines": [
          3.083901,
          3.121185,
          3.076905,
          3.13836
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2.901487,
        "volume": 48600,
        "typical_volume": 169925.0,
        "trend": 3.240606,
        "fair_value": 3.86553,
        "relative_strength": -21.916315,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.101095,
        "energy": 35.541019,
        "activity_lines": [
          3.009221,
          3.085459,
          3.058366,
          3.114547
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2.754576,
        "volume": 563400,
        "typical_volume": 187640.0,
        "trend": 3.205714,
        "fair_value": 3.85724,
        "relative_strength": -24.308211,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.266411,
        "energy": 67.096689,
        "activity_lines": [
          2.908832,
          3.02202,
          3.02776,
          3.08319
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2.736212,
        "volume": 98900,
        "typical_volume": 181450.0,
        "trend": 3.170211,
        "fair_value": 3.848936,
        "relative_strength": -24.558904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.246186,
        "energy": 75.954992,
        "activity_lines": [
          2.83048,
          2.958248,
          2.997591,
          3.052899
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2.699484,
        "volume": 68700,
        "typical_volume": 180805.0,
        "trend": 3.132259,
        "fair_value": 3.840484,
        "relative_strength": -24.131297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.503992,
        "energy": 79.5304,
        "activity_lines": [
          2.766818,
          2.893807,
          2.966372,
          3.02253
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2.699484,
        "volume": 114600,
        "typical_volume": 180810.0,
        "trend": 3.094307,
        "fair_value": 3.832156,
        "relative_strength": -24.96697,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.875876,
        "energy": 77.613593,
        "activity_lines": [
          2.727642,
          2.838716,
          2.937952,
          2.994609
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2.552574,
        "volume": 389200,
        "typical_volume": 194050.0,
        "trend": 3.063701,
        "fair_value": 3.822883,
        "relative_strength": -27.556301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.869463,
        "energy": 81.472107,
        "activity_lines": [
          2.659084,
          2.767931,
          2.898251,
          2.959659
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2.552574,
        "volume": 50800,
        "typical_volume": 192085.0,
        "trend": 3.034318,
        "fair_value": 3.813744,
        "relative_strength": -23.517596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.321017,
        "energy": 75.796173,
        "activity_lines": [
          2.613787,
          2.709835,
          2.861523,
          2.926683
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2.424027,
        "volume": 200900,
        "typical_volume": 170105.0,
        "trend": 3.000039,
        "fair_value": 3.803818,
        "relative_strength": -28.700782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.718591,
        "energy": 75.255718,
        "activity_lines": [
          2.539107,
          2.639719,
          2.815352,
          2.887309
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2.387299,
        "volume": 97600,
        "typical_volume": 156765.0,
        "trend": 2.964536,
        "fair_value": 3.793772,
        "relative_strength": -28.326036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.958816,
        "energy": 81.383212,
        "activity_lines": [
          2.472997,
          2.575946,
          2.767431,
          2.847777
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2.277116,
        "volume": 73600,
        "typical_volume": 152835.0,
        "trend": 2.930257,
        "fair_value": 3.783091,
        "relative_strength": -30.156114,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.240495,
        "energy": 80.30892,
        "activity_lines": [
          2.390972,
          2.504494,
          2.710765,
          2.803428
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2.258752,
        "volume": 72600,
        "typical_volume": 147530.0,
        "trend": 2.895365,
        "fair_value": 3.772431,
        "relative_strength": -28.576072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.608218,
        "energy": 83.321283,
        "activity_lines": [
          2.330983,
          2.442724,
          2.654624,
          2.760105
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2.277116,
        "volume": 30100,
        "typical_volume": 135645.0,
        "trend": 2.864147,
        "fair_value": 3.762047,
        "relative_strength": -28.000433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.334431,
        "energy": 79.350805,
        "activity_lines": [
          2.296704,
          2.39598,
          2.603031,
          2.720218
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2.240388,
        "volume": 32300,
        "typical_volume": 136135.0,
        "trend": 2.83048,
        "fair_value": 3.751553,
        "relative_strength": -26.353444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.857386,
        "energy": 68.004705,
        "activity_lines": [
          2.268546,
          2.351239,
          2.551,
          2.679975
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2.258752,
        "volume": 48100,
        "typical_volume": 135895.0,
        "trend": 2.796201,
        "fair_value": 3.741328,
        "relative_strength": -23.277641,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.402827,
        "energy": 59.625257,
        "activity_lines": [
          2.258752,
          2.318852,
          2.504653,
          2.64309
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2.203661,
        "volume": 125000,
        "typical_volume": 138655.0,
        "trend": 2.760697,
        "fair_value": 3.730868,
        "relative_strength": -23.854643,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.636411,
        "energy": 60.502094,
        "activity_lines": [
          2.239164,
          2.284462,
          2.457606,
          2.604861
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2.203661,
        "volume": 46300,
        "typical_volume": 127925.0,
        "trend": 2.728254,
        "fair_value": 3.720549,
        "relative_strength": -21.603634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.390713,
        "energy": 58.501693,
        "activity_lines": [
          2.224473,
          2.259086,
          2.415807,
          2.568923
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2.148569,
        "volume": 51000,
        "typical_volume": 126520.0,
        "trend": 2.6952,
        "fair_value": 3.709999,
        "relative_strength": -20.129072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.585728,
        "energy": 59.089122,
        "activity_lines": [
          2.195091,
          2.230038,
          2.373745,
          2.531524
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2.093477,
        "volume": 84000,
        "typical_volume": 121390.0,
        "trend": 2.671939,
        "fair_value": 3.699222,
        "relative_strength": -21.341638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.947816,
        "energy": 60.693192,
        "activity_lines": [
          2.155915,
          2.198318,
          2.331333,
          2.492704
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2.128,
        "volume": 130300,
        "typical_volume": 122000.0,
        "trend": 2.651053,
        "fair_value": 3.688816,
        "relative_strength": -17.337217,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.203848,
        "energy": 55.823723,
        "activity_lines": [
          2.13804,
          2.178886,
          2.297194,
          2.457611
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2.109,
        "volume": 16000,
        "typical_volume": 117100.0,
        "trend": 2.629534,
        "fair_value": 3.678423,
        "relative_strength": -18.215472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.198657,
        "energy": 56.782182,
        "activity_lines": [
          2.122549,
          2.160713,
          2.265715,
          2.42264
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2.147,
        "volume": 19300,
        "typical_volume": 115635.0,
        "trend": 2.60622,
        "fair_value": 3.668414,
        "relative_strength": -15.222094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.273935,
        "energy": 53.804194,
        "activity_lines": [
          2.126035,
          2.152506,
          2.242066,
          2.391508
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2.071,
        "volume": 7900,
        "typical_volume": 87860.0,
        "trend": 2.577925,
        "fair_value": 3.658041,
        "relative_strength": -13.851874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.856668,
        "energy": 54.916929,
        "activity_lines": [
          2.107965,
          2.132513,
          2.214772,
          2.356978
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1.919,
        "volume": 130600,
        "typical_volume": 89445.0,
        "trend": 2.539667,
        "fair_value": 3.646821,
        "relative_strength": -19.679793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.735761,
        "energy": 69.049709,
        "activity_lines": [
          2.0444,
          2.088631,
          2.176257,
          2.314467
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1.862,
        "volume": 56000,
        "typical_volume": 88810.0,
        "trend": 2.494611,
        "fair_value": 3.63538,
        "relative_strength": -22.707053,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.229404,
        "energy": 78.30319,
        "activity_lines": [
          1.973467,
          2.040229,
          2.136205,
          2.270746
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1.995,
        "volume": 118800,
        "typical_volume": 89020.0,
        "trend": 2.450928,
        "fair_value": 3.619618,
        "relative_strength": -16.94181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.067387,
        "energy": 65.306238,
        "activity_lines": [
          1.9646,
          2.023222,
          2.112808,
          2.238513
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1.938,
        "volume": 61900,
        "typical_volume": 72655.0,
        "trend": 2.407181,
        "fair_value": 3.609735,
        "relative_strength": -21.137967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.464583,
        "energy": 67.127591,
        "activity_lines": [
          1.944333,
          1.999646,
          2.087337,
          2.205421
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1.9,
        "volume": 38500,
        "typical_volume": 72040.0,
        "trend": 2.364616,
        "fair_value": 3.599287,
        "relative_strength": -22.555169,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.508682,
        "energy": 60.109593,
        "activity_lines": [
          1.925333,
          1.97399,
          2.061173,
          2.1727
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1.919,
        "volume": 221900,
        "typical_volume": 73090.0,
        "trend": 2.323909,
        "fair_value": 3.583839,
        "relative_strength": -20.101795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.904628,
        "energy": 52.860797,
        "activity_lines": [
          1.924067,
          1.956309,
          2.039926,
          2.14395
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1.919,
        "volume": 89900,
        "typical_volume": 72705.0,
        "trend": 2.285651,
        "fair_value": 3.565989,
        "relative_strength": -18.089076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.833626,
        "energy": 50.050488,
        "activity_lines": [
          1.9228,
          1.9418,
          2.021084,
          2.117827
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1.995,
        "volume": 87400,
        "typical_volume": 73395.0,
        "trend": 2.252374,
        "fair_value": 3.552094,
        "relative_strength": -12.127136,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.009678,
        "energy": 40.103869,
        "activity_lines": [
          1.943067,
          1.944909,
          2.011711,
          2.099076
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1.919,
        "volume": 18000,
        "typical_volume": 70665.0,
        "trend": 2.219624,
        "fair_value": 3.53814,
        "relative_strength": -13.769375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.27508,
        "energy": 34.555745,
        "activity_lines": [
          1.938,
          1.936273,
          1.996442,
          2.077568
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1.938,
        "volume": 33400,
        "typical_volume": 70830.0,
        "trend": 2.192405,
        "fair_value": 3.526229,
        "relative_strength": -11.149322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.316863,
        "energy": 29.752509,
        "activity_lines": [
          1.940533,
          1.935236,
          1.984601,
          2.059398
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1.8715,
        "volume": 29200,
        "typical_volume": 70675.0,
        "trend": 2.163581,
        "fair_value": 3.510209,
        "relative_strength": -9.072765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.595642,
        "energy": 34.387664,
        "activity_lines": [
          1.918367,
          1.924527,
          1.968042,
          2.038695
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1.786,
        "volume": 105000,
        "typical_volume": 73520.0,
        "trend": 2.133132,
        "fair_value": 3.496042,
        "relative_strength": -13.706412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.371366,
        "energy": 41.471663,
        "activity_lines": [
          1.870867,
          1.899136,
          1.945096,
          2.014335
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1.8525,
        "volume": 97800,
        "typical_volume": 72160.0,
        "trend": 2.104899,
        "fair_value": 3.484436,
        "relative_strength": -12.769637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.181171,
        "energy": 37.495684,
        "activity_lines": [
          1.8544,
          1.887218,
          1.930734,
          1.996229
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1.881,
        "volume": 25400,
        "typical_volume": 71115.0,
        "trend": 2.082513,
        "fair_value": 3.473761,
        "relative_strength": -10.807087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.560942,
        "energy": 37.069388,
        "activity_lines": [
          1.856933,
          1.883073,
          1.92076,
          1.981784
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1.862,
        "volume": 107800,
        "typical_volume": 73955.0,
        "trend": 2.059494,
        "fair_value": 3.459547,
        "relative_strength": -17.166093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.011397,
        "energy": 34.250605,
        "activity_lines": [
          1.855667,
          1.876509,
          1.910512,
          1.967558
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1.7575,
        "volume": 231600,
        "typical_volume": 81335.0,
        "trend": 2.037276,
        "fair_value": 3.444238,
        "relative_strength": -21.696646,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.368733,
        "energy": 37.060314,
        "activity_lines": [
          1.824633,
          1.851636,
          1.891676,
          1.948074
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1.786,
        "volume": 14800,
        "typical_volume": 75560.0,
        "trend": 2.017233,
        "fair_value": 3.427403,
        "relative_strength": -19.72914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.820121,
        "energy": 35.142413,
        "activity_lines": [
          1.8107,
          1.834882,
          1.877155,
          1.931863
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.7385,
        "volume": 147100,
        "typical_volume": 82115.0,
        "trend": 1.999279,
        "fair_value": 3.413359,
        "relative_strength": -23.773213,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.978293,
        "energy": 41.126801,
        "activity_lines": [
          1.780933,
          1.811909,
          1.859738,
          1.91388
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1.729,
        "volume": 188200,
        "typical_volume": 90560.0,
        "trend": 1.981621,
        "fair_value": 3.398827,
        "relative_strength": -23.609741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.579394,
        "energy": 49.880157,
        "activity_lines": [
          1.7556,
          1.791873,
          1.843181,
          1.896443
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1.71,
        "volume": 55200,
        "typical_volume": 92925.0,
        "trend": 1.962717,
        "fair_value": 3.383426,
        "relative_strength": -23.538524,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.488178,
        "energy": 48.915499,
        "activity_lines": [
          1.734067,
          1.771836,
          1.826805,
          1.878919
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1.7385,
        "volume": 110300,
        "typical_volume": 91910.0,
        "trend": 1.945987,
        "fair_value": 3.365126,
        "relative_strength": -20.620293,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.673479,
        "energy": 45.848195,
        "activity_lines": [
          1.732167,
          1.761127,
          1.814862,
          1.864453
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1.767,
        "volume": 71600,
        "typical_volume": 92690.0,
        "trend": 1.929596,
        "fair_value": 3.343981,
        "relative_strength": -20.558101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.174048,
        "energy": 35.015019,
        "activity_lines": [
          1.741033,
          1.758018,
          1.806493,
          1.852906
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1.7765,
        "volume": 21400,
        "typical_volume": 87820.0,
        "trend": 1.915357,
        "fair_value": 3.325374,
        "relative_strength": -21.238769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.83287,
        "energy": 30.245573,
        "activity_lines": [
          1.754333,
          1.756982,
          1.799481,
          1.843028
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1.672,
        "volume": 235900,
        "typical_volume": 96520.0,
        "trend": 1.897635,
        "fair_value": 3.307198,
        "relative_strength": -25.059462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.161482,
        "energy": 35.54653,
        "activity_lines": [
          1.730267,
          1.738327,
          1.783557,
          1.827328
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1.7005,
        "volume": 183500,
        "typical_volume": 103770.0,
        "trend": 1.882699,
        "fair_value": 3.290581,
        "relative_strength": -22.124825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.932161,
        "energy": 34.154469,
        "activity_lines": [
          1.7195,
          1.728655,
          1.771614,
          1.81461
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1.71,
        "volume": 269100,
        "typical_volume": 106130.0,
        "trend": 1.869917,
        "fair_value": 3.273749,
        "relative_strength": -21.77178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.407319,
        "energy": 36.071806,
        "activity_lines": [
          1.712533,
          1.723645,
          1.761526,
          1.803468
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1.71,
        "volume": 110300,
        "typical_volume": 107150.0,
        "trend": 1.855983,
        "fair_value": 3.257302,
        "relative_strength": -20.616809,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.851233,
        "energy": 43.094421,
        "activity_lines": [
          1.707467,
          1.7195,
          1.752433,
          1.793151
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1.7195,
        "volume": 87700,
        "typical_volume": 107165.0,
        "trend": 1.843,
        "fair_value": 3.241797,
        "relative_strength": -18.692298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.785084,
        "energy": 32.801364,
        "activity_lines": [
          1.709367,
          1.718464,
          1.74524,
          1.784345
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1.7385,
        "volume": 6200,
        "typical_volume": 106575.0,
        "trend": 1.829383,
        "fair_value": 3.226524,
        "relative_strength": -19.53227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.866318,
        "energy": 25.848062,
        "activity_lines": [
          1.7214,
          1.721227,
          1.741169,
          1.777603
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1.672,
        "volume": 328800,
        "typical_volume": 121345.0,
        "trend": 1.816083,
        "fair_value": 3.210714,
        "relative_strength": -21.64629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.405814,
        "energy": 33.389099,
        "activity_lines": [
          1.706833,
          1.711727,
          1.731624,
          1.767449
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1.6245,
        "volume": 448000,
        "typical_volume": 142285.0,
        "trend": 1.806267,
        "fair_value": 3.196031,
        "relative_strength": -22.818531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.646906,
        "energy": 40.915833,
        "activity_lines": [
          1.678333,
          1.694282,
          1.718821,
          1.755089
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1.653,
        "volume": 88100,
        "typical_volume": 141440.0,
        "trend": 1.7993,
        "fair_value": 3.181421,
        "relative_strength": -18.795519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.468648,
        "energy": 45.664068,
        "activity_lines": [
          1.665033,
          1.684091,
          1.70991,
          1.745201
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1.71,
        "volume": 100100,
        "typical_volume": 141555.0,
        "trend": 1.7898,
        "fair_value": 3.167176,
        "relative_strength": -14.457949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.648133,
        "energy": 42.190896,
        "activity_lines": [
          1.674533,
          1.686336,
          1.70706,
          1.73944
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1.71,
        "volume": 84400,
        "typical_volume": 144505.0,
        "trend": 1.7822,
        "fair_value": 3.154141,
        "relative_strength": -14.063898,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.745247,
        "energy": 33.711426,
        "activity_lines": [
          1.684667,
          1.689791,
          1.704888,
          1.734291
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1.71,
        "volume": 73200,
        "typical_volume": 142775.0,
        "trend": 1.775867,
        "fair_value": 3.139896,
        "relative_strength": -14.680779,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.558939,
        "energy": 20.326438,
        "activity_lines": [
          1.6967,
          1.692555,
          1.703531,
          1.729633
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1.6435,
        "volume": 149700,
        "typical_volume": 138680.0,
        "trend": 1.766683,
        "fair_value": 3.125775,
        "relative_strength": -16.228896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.04484,
        "energy": 24.064942,
        "activity_lines": [
          1.684033,
          1.683055,
          1.696564,
          1.721094
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1.7005,
        "volume": 66200,
        "typical_volume": 141250.0,
        "trend": 1.7594,
        "fair_value": 3.11268,
        "relative_strength": -12.641604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.469567,
        "energy": 18.63193,
        "activity_lines": [
          1.6891,
          1.685127,
          1.695569,
          1.716824
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1.7005,
        "volume": 89300,
        "typical_volume": 138360.0,
        "trend": 1.749583,
        "fair_value": 3.099035,
        "relative_strength": -12.721925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.412753,
        "energy": 19.377347,
        "activity_lines": [
          1.691,
          1.687373,
          1.694981,
          1.713024
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1.7195,
        "volume": 25900,
        "typical_volume": 130245.0,
        "trend": 1.742933,
        "fair_value": 3.085181,
        "relative_strength": -11.380824,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.043757,
        "energy": 14.70375,
        "activity_lines": [
          1.699867,
          1.693418,
          1.696383,
          1.711083
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1.6815,
        "volume": 76700,
        "typical_volume": 131320.0,
        "trend": 1.734383,
        "fair_value": 3.070313,
        "relative_strength": -12.60039,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.064671,
        "energy": 14.416864,
        "activity_lines": [
          1.695433,
          1.6929,
          1.694212,
          1.707119
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1.71,
        "volume": 84200,
        "typical_volume": 130015.0,
        "trend": 1.729,
        "fair_value": 3.054637,
        "relative_strength": -12.239042,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.625694,
        "energy": 8.556035,
        "activity_lines": [
          1.7024,
          1.697391,
          1.69489,
          1.705546
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1.691,
        "volume": 81100,
        "typical_volume": 130490.0,
        "trend": 1.725833,
        "fair_value": 3.038508,
        "relative_strength": -15.354269,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.968446,
        "energy": 8.63318,
        "activity_lines": [
          1.6986,
          1.696873,
          1.693895,
          1.703095
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1.6055,
        "volume": 148400,
        "typical_volume": 136840.0,
        "trend": 1.7176,
        "fair_value": 3.021832,
        "relative_strength": -19.814512,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.771417,
        "energy": 40.482747,
        "activity_lines": [
          1.666933,
          1.680118,
          1.685119,
          1.695331
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1.672,
        "volume": 6300,
        "typical_volume": 125360.0,
        "trend": 1.710633,
        "fair_value": 3.005803,
        "relative_strength": -17.691944,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.527872,
        "energy": 39.296661,
        "activity_lines": [
          1.663767,
          1.677355,
          1.68349,
          1.692389
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1.5865,
        "volume": 411000,
        "typical_volume": 136735.0,
        "trend": 1.70145,
        "fair_value": 2.989555,
        "relative_strength": -25.476963,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -69.835323,
        "energy": 61.556549,
        "activity_lines": [
          1.635267,
          1.659736,
          1.673719,
          1.684381
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1.558,
        "volume": 117400,
        "typical_volume": 129150.0,
        "trend": 1.6948,
        "fair_value": 2.970648,
        "relative_strength": -28.593948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.196965,
        "energy": 72.084947,
        "activity_lines": [
          1.6036,
          1.639182,
          1.661776,
          1.675126
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1.5295,
        "volume": 239000,
        "typical_volume": 135585.0,
        "trend": 1.68625,
        "fair_value": 2.952935,
        "relative_strength": -31.425825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.422396,
        "energy": 74.037534,
        "activity_lines": [
          1.572567,
          1.615,
          1.647843,
          1.664461
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.425,
        "volume": 429400,
        "typical_volume": 152670.0,
        "trend": 1.6758,
        "fair_value": 2.934551,
        "relative_strength": -30.097125,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.372212,
        "energy": 81.606043,
        "activity_lines": [
          1.517467,
          1.574927,
          1.624817,
          1.647606
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.5,
        "volume": 111000,
        "typical_volume": 157910.0,
        "trend": 1.668167,
        "fair_value": 2.917199,
        "relative_strength": -25.623929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.058896,
        "energy": 72.909154,
        "activity_lines": [
          1.4994,
          1.5535,
          1.610336,
          1.636265
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1.49,
        "volume": 30000,
        "typical_volume": 142970.0,
        "trend": 1.660833,
        "fair_value": 2.900112,
        "relative_strength": -26.611163,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.637204,
        "energy": 65.805362,
        "activity_lines": [
          1.489467,
          1.534245,
          1.596038,
          1.62477
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1.39,
        "volume": 41000,
        "typical_volume": 122620.0,
        "trend": 1.649217,
        "fair_value": 2.881835,
        "relative_strength": -31.395433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.61547,
        "energy": 69.358044,
        "activity_lines": [
          1.452633,
          1.500291,
          1.573083,
          1.607297
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1.31,
        "volume": 50000,
        "typical_volume": 120715.0,
        "trend": 1.633983,
        "fair_value": 2.859137,
        "relative_strength": -34.8117,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.792058,
        "energy": 76.504535,
        "activity_lines": [
          1.400333,
          1.457609,
          1.543626,
          1.585412
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1.25,
        "volume": 170600,
        "typical_volume": 124240.0,
        "trend": 1.616433,
        "fair_value": 2.836329,
        "relative_strength": -39.242585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.601073,
        "energy": 87.035962,
        "activity_lines": [
          1.342667,
          1.410945,
          1.510088,
          1.560639
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1.23,
        "volume": 59000,
        "typical_volume": 122970.0,
        "trend": 1.6017,
        "fair_value": 2.81532,
        "relative_strength": -38.548974,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.875654,
        "energy": 90.089408,
        "activity_lines": [
          1.29,
          1.367109,
          1.476836,
          1.535708
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1.24,
        "volume": 70700,
        "typical_volume": 122845.0,
        "trend": 1.58635,
        "fair_value": 2.795643,
        "relative_strength": -36.137201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.254618,
        "energy": 86.364618,
        "activity_lines": [
          1.258667,
          1.333127,
          1.446821,
          1.512372
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1.16,
        "volume": 43800,
        "typical_volume": 117550.0,
        "trend": 1.568017,
        "fair_value": 2.775112,
        "relative_strength": -41.04688,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.703243,
        "energy": 89.294826,
        "activity_lines": [
          1.217333,
          1.2909,
          1.411426,
          1.484866
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1.21,
        "volume": 2590700,
        "typical_volume": 243775.0,
        "trend": 1.55135,
        "fair_value": 2.755584,
        "relative_strength": -38.089988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.045462,
        "energy": 77.029678,
        "activity_lines": [
          1.208,
          1.265,
          1.383095,
          1.461768
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1.19,
        "volume": 31100,
        "typical_volume": 240865.0,
        "trend": 1.5337,
        "fair_value": 2.738088,
        "relative_strength": -39.080606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.837972,
        "energy": 68.943834,
        "activity_lines": [
          1.198667,
          1.241273,
          1.355195,
          1.438455
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1.28,
        "volume": 34400,
        "typical_volume": 241290.0,
        "trend": 1.518417,
        "fair_value": 2.720941,
        "relative_strength": -34.574054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.385783,
        "energy": 56.885231,
        "activity_lines": [
          1.223333,
          1.238182,
          1.338298,
          1.422087
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1.19,
        "volume": 63200,
        "typical_volume": 240615.0,
        "trend": 1.50235,
        "fair_value": 2.702762,
        "relative_strength": -39.430903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.043577,
        "energy": 53.682765,
        "activity_lines": [
          1.214667,
          1.222727,
          1.314921,
          1.400899
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.19,
        "volume": 300,
        "typical_volume": 236420.0,
        "trend": 1.487867,
        "fair_value": 2.683674,
        "relative_strength": -39.09979,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.511439,
        "energy": 56.570709,
        "activity_lines": [
          1.209333,
          1.212727,
          1.293886,
          1.380747
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1.17,
        "volume": 600,
        "typical_volume": 232395.0,
        "trend": 1.471767,
        "fair_value": 2.665482,
        "relative_strength": -39.558837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.724397,
        "energy": 58.197378,
        "activity_lines": [
          1.195333,
          1.202727,
          1.273421,
          1.36024
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.17,
        "volume": 8100,
        "typical_volume": 225380.0,
        "trend": 1.453767,
        "fair_value": 2.64763,
        "relative_strength": -37.800827,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.571787,
        "energy": 70.499322,
        "activity_lines": [
          1.184,
          1.195273,
          1.255438,
          1.340771
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1.14,
        "volume": 20300,
        "typical_volume": 226080.0,
        "trend": 1.434767,
        "fair_value": 2.629813,
        "relative_strength": -37.292323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.511763,
        "energy": 80.635074,
        "activity_lines": [
          1.164,
          1.183818,
          1.236671,
          1.320528
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1.14,
        "volume": 0,
        "typical_volume": 205530.0,
        "trend": 1.415767,
        "fair_value": 2.612223,
        "relative_strength": -39.033771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.46895,
        "energy": 80.198565,
        "activity_lines": [
          1.153333,
          1.174,
          1.220438,
          1.301511
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1.14,
        "volume": 85200,
        "typical_volume": 203920.0,
        "trend": 1.398983,
        "fair_value": 2.594179,
        "relative_strength": -38.42531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.844289,
        "energy": 76.78096,
        "activity_lines": [
          1.146,
          1.166,
          1.206331,
          1.283719
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.13,
        "volume": 77200,
        "typical_volume": 195830.0,
        "trend": 1.379967,
        "fair_value": 2.575616,
        "relative_strength": -38.735731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.83364,
        "energy": 70.903239,
        "activity_lines": [
          1.138667,
          1.156545,
          1.193262,
          1.266366
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.13,
        "volume": 49100,
        "typical_volume": 176815.0,
        "trend": 1.36095,
        "fair_value": 2.557508,
        "relative_strength": -38.109335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.934843,
        "energy": 66.348141,
        "activity_lines": [
          1.134,
          1.148545,
          1.182095,
          1.250239
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.14,
        "volume": 20700,
        "typical_volume": 172300.0,
        "trend": 1.341633,
        "fair_value": 2.539805,
        "relative_strength": -36.0097,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.247615,
        "energy": 61.1614,
        "activity_lines": [
          1.135333,
          1.143455,
          1.173286,
          1.235984
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.12,
        "volume": 53800,
        "typical_volume": 173490.0,
        "trend": 1.322917,
        "fair_value": 2.521974,
        "relative_strength": -35.934466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.888421,
        "energy": 60.710376,
        "activity_lines": [
          1.13,
          1.137273,
          1.164286,
          1.221685
        ]
      }
    ],
    "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."
    }
  }
}