{
  "ticker": {
    "uuid": "49ae998b-b99e-4778-afa8-ddeb753bfb11",
    "symbol": "KRRO",
    "name": "Korro Bio, Inc.",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 3.381,
    "architecture_energy": 10.39,
    "architecture_maturity": 56.67,
    "architecture_confidence": 47.417,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 58.31,
        "rotation_up": 26.32,
        "upward_expansion": 19.92,
        "deceleration": 61.94,
        "rotation_down": 46.64,
        "downward_expansion": 37.92
      },
      "activity_lines": [
        11.914,
        12.323091,
        12.347238,
        12.291806
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 13.25,
    "trend_reference": 12.094,
    "distance_from_trend": 0.095585,
    "trend_direction": "Improving",
    "fair_value": 31.608229,
    "distance_from_fair_value": -0.580805,
    "fair_value_direction": "Improving",
    "relative_strength": -32.628212,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.054097,
    "excess_performance": -0.133357,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.095585,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.065801,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.580805,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.059886,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.326282,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.094619,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.054097,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.067961,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 626331,
      "relative_activity": 0.730055,
      "balance": 1.067961,
      "dry_up": 0.893929,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.194499,
      "annualized_volatility": 0.978475,
      "from_high_reference": -0.762927,
      "from_low_reference": 1.545923
    },
    "levels": {
      "trend_reference": 12.094,
      "fair_value_reference": 31.608229,
      "structural_low": 9.12,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": -0.080029,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.157005,
        "regime_survival": 1.0,
        "best_return": 0.30597,
        "worst_return": -0.259286,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.148265,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.039013,
        "regime_survival": 1.0,
        "best_return": 0.148265,
        "worst_return": 0.148265,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-08-22",
        "tenure": "Established",
        "return": 0.326274,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-29",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.332756,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": -0.061304,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-14",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": 0.326194,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-04-03",
        "tenure": "Established",
        "return": 0.473684,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-10",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.044953,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-11-10",
        "close": 42.53,
        "volume": 953592,
        "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": "2023-11-17",
        "close": 38.99,
        "volume": 430698,
        "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": "2023-11-24",
        "close": 38.27,
        "volume": 198442,
        "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": "2023-12-01",
        "close": 49.0,
        "volume": 113184,
        "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": "2023-12-08",
        "close": 50.23,
        "volume": 547599,
        "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": 51.66,
        "volume": 549110,
        "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": 50.51,
        "volume": 154834,
        "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": 47.93,
        "volume": 50886,
        "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": 50.49,
        "volume": 61706,
        "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": 46.7,
        "volume": 76878,
        "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": 41.1,
        "volume": 34664,
        "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": 50.38,
        "volume": 70668,
        "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": 53.35,
        "volume": 44633,
        "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": 56.9,
        "volume": 105237,
        "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": 52.39,
        "volume": 58802,
        "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": 49.99,
        "volume": 65995,
        "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": 49.3,
        "volume": 111430,
        "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": 55.14,
        "volume": 101561,
        "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": 61.52,
        "volume": 429898,
        "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": 65.02,
        "volume": 150946,
        "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": 90.0,
        "volume": 288338,
        "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": 67.63,
        "volume": 190550,
        "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": 74.98,
        "volume": 195742,
        "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": 66.74,
        "volume": 147381,
        "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": 62.93,
        "volume": 174604,
        "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": 58.24,
        "volume": 142754,
        "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": 51.0,
        "volume": 149782,
        "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": 54.66,
        "volume": 211041,
        "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": 48.85,
        "volume": 227081,
        "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": 51.3,
        "volume": 218415,
        "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": 46.4,
        "volume": 219342,
        "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": 41.6,
        "volume": 245888,
        "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": 35.38,
        "volume": 503877,
        "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": 33.87,
        "volume": 1580141,
        "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": 36.53,
        "volume": 311185,
        "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": 49.15,
        "volume": 276195,
        "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": 45.57,
        "volume": 284792,
        "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": 52.48,
        "volume": 303996,
        "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": 41.85,
        "volume": 201260,
        "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": 34.41,
        "volume": 354399,
        "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": 43.91,
        "volume": 485699,
        "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": 45.09,
        "volume": 267758,
        "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": 47.72,
        "volume": 360740,
        "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": 40.8,
        "volume": 191529,
        "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": 41.43,
        "volume": 314321,
        "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": 36.33,
        "volume": 505364,
        "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": 34.51,
        "volume": 239341,
        "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": 33.59,
        "volume": 383494,
        "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": 38.67,
        "volume": 331241,
        "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": 80.04,
        "volume": 2140544,
        "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": 68.15,
        "volume": 782963,
        "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": 58.16,
        "volume": 435205,
        "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": 70.4,
        "volume": 764017,
        "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": 47.56,
        "volume": 788378,
        "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": 52.31,
        "volume": 487631,
        "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": 52.06,
        "volume": 259576,
        "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": 42.58,
        "volume": 878954,
        "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": 46.88,
        "volume": 769905,
        "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": 43.67,
        "volume": 665580,
        "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": 40.0,
        "volume": 220030,
        "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": 42.84,
        "volume": 391109,
        "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": 35.26,
        "volume": 307291,
        "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": 37.0,
        "volume": 669213,
        "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": 37.3,
        "volume": 218394,
        "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": 34.12,
        "volume": 322062,
        "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": 34.62,
        "volume": 237670,
        "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": 30.02,
        "volume": 336971,
        "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": 26.29,
        "volume": 283747,
        "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": 25.07,
        "volume": 362451,
        "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": 22.33,
        "volume": 278485,
        "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": 24.63,
        "volume": 400651,
        "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": 23.76,
        "volume": 654876,
        "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": 17.44,
        "volume": 530280,
        "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": 14.38,
        "volume": 785818,
        "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": 12.9,
        "volume": 390424,
        "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": 13.9,
        "volume": 397046,
        "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": 18.09,
        "volume": 688289,
        "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": 20.935,
        "volume": 562143,
        "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": 15.56,
        "volume": 353746,
        "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": 15.11,
        "volume": 455918,
        "typical_volume": 431329.2,
        "trend": 34.110833,
        "fair_value": 43.879812,
        "relative_strength": -62.90407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.767838,
        "energy": 45.219806,
        "activity_lines": [
          16.711667,
          16.638909,
          20.492667,
          25.688086
        ]
      },
      {
        "date": "2025-05-23",
        "close": 13.8,
        "volume": 319398,
        "typical_volume": 427743.65,
        "trend": 32.299167,
        "fair_value": 43.508457,
        "relative_strength": -64.604756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.260174,
        "energy": 50.652375,
        "activity_lines": [
          15.738667,
          15.935182,
          19.418595,
          24.37771
        ]
      },
      {
        "date": "2025-05-30",
        "close": 11.42,
        "volume": 547349,
        "typical_volume": 439746.55,
        "trend": 30.741167,
        "fair_value": 43.117134,
        "relative_strength": -70.582483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.058982,
        "energy": 57.687288,
        "activity_lines": [
          13.979,
          14.995636,
          18.256143,
          23.030667
        ]
      },
      {
        "date": "2025-06-06",
        "close": 14.59,
        "volume": 2528230,
        "typical_volume": 532697.4,
        "trend": 28.880833,
        "fair_value": 42.773434,
        "relative_strength": -62.476029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.413414,
        "energy": 51.564587,
        "activity_lines": [
          13.720667,
          14.856818,
          17.509119,
          21.988656
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13.54,
        "volume": 542061,
        "typical_volume": 548880.75,
        "trend": 27.746833,
        "fair_value": 42.425417,
        "relative_strength": -64.405809,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.282233,
        "energy": 51.423025,
        "activity_lines": [
          13.535333,
          14.578909,
          16.76881,
          20.998925
        ]
      },
      {
        "date": "2025-06-20",
        "close": 12.35,
        "volume": 350289,
        "typical_volume": 550292.1,
        "trend": 26.414833,
        "fair_value": 42.071588,
        "relative_strength": -67.081599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.583755,
        "energy": 51.735581,
        "activity_lines": [
          13.088,
          14.099909,
          16.02831,
          20.005581
        ]
      },
      {
        "date": "2025-06-27",
        "close": 12.03,
        "volume": 548220,
        "typical_volume": 565819.6,
        "trend": 25.0805,
        "fair_value": 41.722267,
        "relative_strength": -68.798998,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.241033,
        "energy": 50.588828,
        "activity_lines": [
          12.718,
          13.572727,
          15.361,
          19.077527
        ]
      },
      {
        "date": "2025-07-04",
        "close": 13.35,
        "volume": 410504,
        "typical_volume": 569496.25,
        "trend": 24.106167,
        "fair_value": 41.396149,
        "relative_strength": -65.408391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.211419,
        "energy": 46.541903,
        "activity_lines": [
          12.906,
          13.319545,
          14.926976,
          18.32072
        ]
      },
      {
        "date": "2025-07-11",
        "close": 12.71,
        "volume": 546568,
        "typical_volume": 582637.3,
        "trend": 22.967167,
        "fair_value": 41.07017,
        "relative_strength": -66.226374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.953891,
        "energy": 45.296475,
        "activity_lines": [
          12.752,
          13.036182,
          14.511381,
          17.585484
        ]
      },
      {
        "date": "2025-07-18",
        "close": 13.67,
        "volume": 586884,
        "typical_volume": 593858.95,
        "trend": 21.967167,
        "fair_value": 40.762303,
        "relative_strength": -63.385039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.20259,
        "energy": 39.624319,
        "activity_lines": [
          13.043333,
          13.076909,
          14.251881,
          16.985667
        ]
      },
      {
        "date": "2025-07-25",
        "close": 16.01,
        "volume": 854827,
        "typical_volume": 622676.05,
        "trend": 21.1675,
        "fair_value": 40.487278,
        "relative_strength": -56.424395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.379903,
        "energy": 26.016479,
        "activity_lines": [
          14.106,
          13.577455,
          14.269524,
          16.601333
        ]
      },
      {
        "date": "2025-08-01",
        "close": 13.85,
        "volume": 543189,
        "typical_volume": 629802.95,
        "trend": 20.201167,
        "fair_value": 40.19456,
        "relative_strength": -60.651127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.96929,
        "energy": 22.258823,
        "activity_lines": [
          14.204667,
          13.668909,
          14.111548,
          16.129237
        ]
      },
      {
        "date": "2025-08-08",
        "close": 16.0,
        "volume": 457939,
        "typical_volume": 619956.1,
        "trend": 19.559167,
        "fair_value": 39.931576,
        "relative_strength": -55.518938,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.392721,
        "energy": 17.65892,
        "activity_lines": [
          14.898667,
          14.150364,
          14.209667,
          15.858194
        ]
      },
      {
        "date": "2025-08-15",
        "close": 20.26,
        "volume": 1058494,
        "typical_volume": 646366.8,
        "trend": 19.001167,
        "fair_value": 39.720054,
        "relative_strength": -42.933809,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 14.238373,
        "energy": 22.687345,
        "activity_lines": [
          16.836,
          15.323091,
          14.750452,
          15.903409
        ]
      },
      {
        "date": "2025-08-22",
        "close": 20.04,
        "volume": 586068,
        "typical_volume": 636379.3,
        "trend": 18.425833,
        "fair_value": 39.510691,
        "relative_strength": -41.944636,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 14.401398,
        "energy": 31.583688,
        "activity_lines": [
          18.196667,
          16.352727,
          15.256857,
          15.97043
        ]
      },
      {
        "date": "2025-08-29",
        "close": 23.08,
        "volume": 685748,
        "typical_volume": 651145.5,
        "trend": 18.057833,
        "fair_value": 39.337737,
        "relative_strength": -31.640482,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 44.450855,
        "energy": 62.542166,
        "activity_lines": [
          20.146,
          17.816909,
          16.025833,
          16.270699
        ]
      },
      {
        "date": "2025-09-05",
        "close": 33.18,
        "volume": 1968769,
        "typical_volume": 729731.65,
        "trend": 18.009833,
        "fair_value": 39.273594,
        "relative_strength": -1.609611,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 67.680024,
        "energy": 83.431409,
        "activity_lines": [
          24.990667,
          20.922364,
          17.708238,
          17.246323
        ]
      },
      {
        "date": "2025-09-12",
        "close": 30.76,
        "volume": 1453276,
        "typical_volume": 767981.0,
        "trend": 18.0345,
        "fair_value": 39.185825,
        "relative_strength": -9.385679,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 83.977508,
        "energy": 92.298887,
        "activity_lines": [
          27.74,
          23.203273,
          19.068357,
          18.068914
        ]
      },
      {
        "date": "2025-09-19",
        "close": 36.05,
        "volume": 743226,
        "typical_volume": 777035.15,
        "trend": 18.359833,
        "fair_value": 39.153827,
        "relative_strength": 4.490266,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.461916,
        "energy": 95.41086,
        "activity_lines": [
          31.268667,
          26.129455,
          20.871952,
          19.231204
        ]
      },
      {
        "date": "2025-09-26",
        "close": 40.66,
        "volume": 1124690,
        "typical_volume": 815582.35,
        "trend": 18.8795,
        "fair_value": 39.16904,
        "relative_strength": 18.504917,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.742375,
        "energy": 95.718008,
        "activity_lines": [
          35.281333,
          29.469455,
          23.042619,
          20.669925
        ]
      },
      {
        "date": "2025-10-03",
        "close": 46.22,
        "volume": 1529921,
        "typical_volume": 869282.5,
        "trend": 19.675833,
        "fair_value": 39.23955,
        "relative_strength": 32.774319,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.724313,
        "energy": 95.504045,
        "activity_lines": [
          39.772667,
          33.329636,
          25.623286,
          22.433828
        ]
      },
      {
        "date": "2025-10-10",
        "close": 42.97,
        "volume": 1750276,
        "typical_volume": 940826.4,
        "trend": 20.287167,
        "fair_value": 39.276485,
        "relative_strength": 26.551762,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.340753,
        "energy": 86.546456,
        "activity_lines": [
          41.638,
          36.049636,
          27.746286,
          23.936677
        ]
      },
      {
        "date": "2025-10-17",
        "close": 42.15,
        "volume": 1466043,
        "typical_volume": 986761.1,
        "trend": 20.900167,
        "fair_value": 39.304657,
        "relative_strength": 25.051082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.341143,
        "energy": 66.461051,
        "activity_lines": [
          42.577333,
          38.091091,
          29.652286,
          25.347183
        ]
      },
      {
        "date": "2025-10-24",
        "close": 38.09,
        "volume": 953014,
        "typical_volume": 908000.3,
        "trend": 21.5885,
        "fair_value": 39.292864,
        "relative_strength": 13.592093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.360977,
        "energy": 59.311579,
        "activity_lines": [
          41.404,
          38.918909,
          31.025286,
          26.456204
        ]
      },
      {
        "date": "2025-10-31",
        "close": 40.91,
        "volume": 757107,
        "typical_volume": 918752.6,
        "trend": 22.472833,
        "fair_value": 39.308413,
        "relative_strength": 22.052866,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.550342,
        "energy": 51.332387,
        "activity_lines": [
          41.034667,
          39.935273,
          32.554952,
          27.702753
        ]
      },
      {
        "date": "2025-11-07",
        "close": 33.84,
        "volume": 781055,
        "typical_volume": 940290.9,
        "trend": 23.170833,
        "fair_value": 39.256333,
        "relative_strength": 7.343562,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.14903,
        "energy": 34.930084,
        "activity_lines": [
          38.292,
          39.286727,
          33.280952,
          28.436118
        ]
      },
      {
        "date": "2025-11-14",
        "close": 6.07,
        "volume": 14073305,
        "typical_volume": 1616545.15,
        "trend": 22.909833,
        "fair_value": 38.943255,
        "relative_strength": -80.077957,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -4.320357,
        "energy": 17.739767,
        "activity_lines": [
          27.118,
          33.393455,
          31.259857,
          27.332839
        ]
      },
      {
        "date": "2025-11-21",
        "close": 6.28,
        "volume": 3849103,
        "typical_volume": 1788475.1,
        "trend": 22.516167,
        "fair_value": 38.637991,
        "relative_strength": -77.941226,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.214536,
        "energy": 42.98363,
        "activity_lines": [
          18.474,
          28.031273,
          29.287143,
          26.259946
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5.7,
        "volume": 1492707,
        "typical_volume": 1835782.05,
        "trend": 22.008333,
        "fair_value": 38.333009,
        "relative_strength": -80.18367,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.332787,
        "energy": 50.482898,
        "activity_lines": [
          12.028,
          23.008727,
          27.292857,
          25.175032
        ]
      },
      {
        "date": "2025-12-05",
        "close": 7.02,
        "volume": 3192147,
        "typical_volume": 1966045.2,
        "trend": 21.723667,
        "fair_value": 38.045734,
        "relative_strength": -75.115676,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.905271,
        "energy": 69.961738,
        "activity_lines": [
          8.181333,
          18.778,
          25.457667,
          24.208043
        ]
      },
      {
        "date": "2025-12-12",
        "close": 8.23,
        "volume": 1732136,
        "typical_volume": 2009910.65,
        "trend": 21.494333,
        "fair_value": 37.774682,
        "relative_strength": -69.274531,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.881884,
        "energy": 70.679142,
        "activity_lines": [
          6.997333,
          15.378909,
          23.769381,
          23.337484
        ]
      },
      {
        "date": "2025-12-19",
        "close": 7.88,
        "volume": 1093969,
        "typical_volume": 2037449.65,
        "trend": 21.297,
        "fair_value": 37.50536,
        "relative_strength": -69.788074,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.271445,
        "energy": 69.973854,
        "activity_lines": [
          7.404,
          12.606909,
          22.08481,
          22.45914
        ]
      },
      {
        "date": "2025-12-26",
        "close": 8.12,
        "volume": 736961,
        "typical_volume": 2051400.75,
        "trend": 21.187,
        "fair_value": 37.242991,
        "relative_strength": -68.328897,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.962244,
        "energy": 59.24589,
        "activity_lines": [
          7.77,
          10.516545,
          20.451524,
          21.609011
        ]
      },
      {
        "date": "2026-01-02",
        "close": 8.05,
        "volume": 624907,
        "typical_volume": 2029721.4,
        "trend": 20.969,
        "fair_value": 36.984646,
        "relative_strength": -66.970036,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.647849,
        "energy": 54.854811,
        "activity_lines": [
          7.99,
          9.032182,
          18.849095,
          20.761462
        ]
      },
      {
        "date": "2026-01-09",
        "close": 9.5,
        "volume": 1109150,
        "typical_volume": 2055875.5,
        "trend": 20.834333,
        "fair_value": 36.743553,
        "relative_strength": -60.825289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.305038,
        "energy": 48.799812,
        "activity_lines": [
          8.536667,
          8.357636,
          17.442905,
          20.021527
        ]
      },
      {
        "date": "2026-01-16",
        "close": 8.78,
        "volume": 673867,
        "typical_volume": 2055281.45,
        "trend": 20.715333,
        "fair_value": 36.500391,
        "relative_strength": -62.412919,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.9959,
        "energy": 60.784074,
        "activity_lines": [
          8.678,
          8.123273,
          16.018333,
          19.243828
        ]
      },
      {
        "date": "2026-01-23",
        "close": 10.73,
        "volume": 931229,
        "typical_volume": 2003404.45,
        "trend": 20.672,
        "fair_value": 36.278233,
        "relative_strength": -52.882216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.832717,
        "energy": 60.678388,
        "activity_lines": [
          9.432667,
          8.699091,
          14.847571,
          18.599613
        ]
      },
      {
        "date": "2026-01-30",
        "close": 13.33,
        "volume": 3222896,
        "typical_volume": 2091885.45,
        "trend": 20.671333,
        "fair_value": 36.082094,
        "relative_strength": -39.98957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.147113,
        "energy": 40.158557,
        "activity_lines": [
          10.864,
          9.662909,
          14.031333,
          18.125935
        ]
      },
      {
        "date": "2026-02-06",
        "close": 12.57,
        "volume": 862670,
        "typical_volume": 2097857.65,
        "trend": 20.666667,
        "fair_value": 35.882839,
        "relative_strength": -40.813528,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.004714,
        "energy": 36.306824,
        "activity_lines": [
          11.694667,
          10.360364,
          13.225714,
          17.603269
        ]
      },
      {
        "date": "2026-02-13",
        "close": 11.17,
        "volume": 716723,
        "typical_volume": 2077459.3,
        "trend": 20.583333,
        "fair_value": 35.675168,
        "relative_strength": -45.603815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.392072,
        "energy": 55.543586,
        "activity_lines": [
          11.757333,
          10.678364,
          12.398571,
          16.990581
        ]
      },
      {
        "date": "2026-02-20",
        "close": 11.11,
        "volume": 759201,
        "typical_volume": 2038923.3,
        "trend": 20.42,
        "fair_value": 35.470458,
        "relative_strength": -45.526447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.441058,
        "energy": 58.348028,
        "activity_lines": [
          11.688667,
          10.91,
          11.706143,
          16.379398
        ]
      },
      {
        "date": "2026-02-27",
        "close": 12.13,
        "volume": 689609,
        "typical_volume": 1985889.95,
        "trend": 20.362667,
        "fair_value": 35.277562,
        "relative_strength": -39.345526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.443003,
        "energy": 63.818257,
        "activity_lines": [
          11.804667,
          11.274727,
          11.278048,
          15.844559
        ]
      },
      {
        "date": "2026-03-06",
        "close": 11.18,
        "volume": 506697,
        "typical_volume": 1937922.65,
        "trend": 20.202,
        "fair_value": 35.080041,
        "relative_strength": -42.486483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.757079,
        "energy": 64.929833,
        "activity_lines": [
          11.510667,
          11.389455,
          10.906333,
          15.252129
        ]
      },
      {
        "date": "2026-03-13",
        "close": 12.8,
        "volume": 2567412,
        "typical_volume": 2018642.55,
        "trend": 19.953333,
        "fair_value": 34.898902,
        "relative_strength": -32.276545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.036812,
        "energy": 39.342973,
        "activity_lines": [
          11.9,
          11.743091,
          10.836381,
          14.774581
        ]
      },
      {
        "date": "2026-03-20",
        "close": 10.75,
        "volume": 1190185,
        "typical_volume": 2040296.45,
        "trend": 19.643667,
        "fair_value": 34.704153,
        "relative_strength": -40.869283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.108817,
        "energy": 37.609947,
        "activity_lines": [
          11.590667,
          11.637636,
          10.691619,
          14.180817
        ]
      },
      {
        "date": "2026-03-27",
        "close": 10.4,
        "volume": 758822,
        "typical_volume": 2039184.8,
        "trend": 19.221,
        "fair_value": 34.50972,
        "relative_strength": -40.19288,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.205433,
        "energy": 38.834044,
        "activity_lines": [
          11.192667,
          11.445818,
          10.657143,
          13.584452
        ]
      },
      {
        "date": "2026-04-03",
        "close": 14.0,
        "volume": 1139510,
        "typical_volume": 1392495.05,
        "trend": 18.581667,
        "fair_value": 34.346944,
        "relative_strength": -22.07622,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.256626,
        "energy": 15.276965,
        "activity_lines": [
          12.042,
          11.879091,
          11.077143,
          13.247613
        ]
      },
      {
        "date": "2026-04-10",
        "close": 12.68,
        "volume": 1252921,
        "typical_volume": 1262685.95,
        "trend": 17.979,
        "fair_value": 34.176339,
        "relative_strength": -32.106107,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.538755,
        "energy": 14.139316,
        "activity_lines": [
          12.326667,
          12.012909,
          11.333667,
          12.86686
        ]
      },
      {
        "date": "2026-04-17",
        "close": 14.39,
        "volume": 513532,
        "typical_volume": 1213727.2,
        "trend": 17.257,
        "fair_value": 34.021758,
        "relative_strength": -27.010566,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.817213,
        "energy": 10.65913,
        "activity_lines": [
          13.081333,
          12.469455,
          11.722571,
          12.635312
        ]
      },
      {
        "date": "2026-04-24",
        "close": 12.89,
        "volume": 354657,
        "typical_volume": 1071852.7,
        "trend": 16.331333,
        "fair_value": 33.857946,
        "relative_strength": -35.24892,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.678675,
        "energy": 16.450722,
        "activity_lines": [
          13.23,
          12.620182,
          11.927238,
          12.35357
        ]
      },
      {
        "date": "2026-05-01",
        "close": 13.57,
        "volume": 335877,
        "typical_volume": 1002039.75,
        "trend": 15.243,
        "fair_value": 33.701885,
        "relative_strength": -31.872873,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.936641,
        "energy": 14.274205,
        "activity_lines": [
          13.462667,
          12.863273,
          12.168714,
          12.175419
        ]
      },
      {
        "date": "2026-05-08",
        "close": 12.05,
        "volume": 605875,
        "typical_volume": 977635.05,
        "trend": 14.212333,
        "fair_value": 33.536603,
        "relative_strength": -42.090147,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.356137,
        "energy": 10.127561,
        "activity_lines": [
          12.977333,
          12.785273,
          12.24,
          11.969419
        ]
      },
      {
        "date": "2026-05-15",
        "close": 10.18,
        "volume": 479405,
        "typical_volume": 964757.25,
        "trend": 13.146667,
        "fair_value": 33.359659,
        "relative_strength": -50.438697,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.343735,
        "energy": 19.667251,
        "activity_lines": [
          11.998667,
          12.368727,
          12.113333,
          11.709269
        ]
      },
      {
        "date": "2026-05-22",
        "close": 11.61,
        "volume": 965741,
        "typical_volume": 981798.95,
        "trend": 12.264,
        "fair_value": 33.196128,
        "relative_strength": -43.743541,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.101712,
        "energy": 17.534801,
        "activity_lines": [
          11.663333,
          12.230364,
          12.113048,
          11.610129
        ]
      },
      {
        "date": "2026-05-29",
        "close": 13.41,
        "volume": 552629,
        "typical_volume": 953972.9,
        "trend": 11.347333,
        "fair_value": 33.04847,
        "relative_strength": -36.683728,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 35.475394,
        "energy": 21.824999,
        "activity_lines": [
          12.113333,
          12.440909,
          12.267238,
          11.684065
        ]
      },
      {
        "date": "2026-06-05",
        "close": 10.72,
        "volume": 638003,
        "typical_volume": 952179.7,
        "trend": 10.576667,
        "fair_value": 32.883074,
        "relative_strength": -46.552422,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 4.549757,
        "energy": 10.519435,
        "activity_lines": [
          11.632,
          12.114,
          12.146619,
          11.643591
        ]
      },
      {
        "date": "2026-06-12",
        "close": 11.61,
        "volume": 721526,
        "typical_volume": 941694.55,
        "trend": 10.761333,
        "fair_value": 32.726654,
        "relative_strength": -43.048249,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 11.704196,
        "energy": 8.210325,
        "activity_lines": [
          11.637333,
          11.943091,
          12.101524,
          11.710258
        ]
      },
      {
        "date": "2026-06-19",
        "close": 12.99,
        "volume": 1346001,
        "typical_volume": 847849.8,
        "trend": 10.985,
        "fair_value": 32.582591,
        "relative_strength": -37.68362,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 33.739981,
        "energy": 14.940968,
        "activity_lines": [
          12.132,
          12.066545,
          12.183667,
          11.854043
        ]
      },
      {
        "date": "2026-06-26",
        "close": 12.7,
        "volume": 2339448,
        "typical_volume": 921688.7,
        "trend": 11.218333,
        "fair_value": 32.438514,
        "relative_strength": -36.027591,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 31.55837,
        "energy": 12.855793,
        "activity_lines": [
          12.342667,
          12.131636,
          12.23981,
          11.964688
        ]
      },
      {
        "date": "2026-07-03",
        "close": 14.0,
        "volume": 780995,
        "typical_volume": 924902.3,
        "trend": 11.451,
        "fair_value": 32.305863,
        "relative_strength": -29.86765,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.883529,
        "energy": 34.885118,
        "activity_lines": [
          12.914,
          12.463818,
          12.419143,
          12.144151
        ]
      },
      {
        "date": "2026-07-10",
        "close": 14.56,
        "volume": 1305840,
        "typical_volume": 952234.25,
        "trend": 11.662,
        "fair_value": 32.179107,
        "relative_strength": -28.214869,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 59.597252,
        "energy": 51.258175,
        "activity_lines": [
          13.632667,
          12.877636,
          12.638333,
          12.344731
        ]
      },
      {
        "date": "2026-07-17",
        "close": 12.25,
        "volume": 894236,
        "typical_volume": 962465.6,
        "trend": 11.807667,
        "fair_value": 32.037766,
        "relative_strength": -36.685044,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 45.894624,
        "energy": 38.512655,
        "activity_lines": [
          13.325333,
          12.853455,
          12.621095,
          12.382667
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.64,
        "volume": 884681,
        "typical_volume": 981364.8,
        "trend": 11.891667,
        "fair_value": 31.887077,
        "relative_strength": -43.614648,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 16.890315,
        "energy": 9.993191,
        "activity_lines": [
          12.438667,
          12.532909,
          12.449952,
          12.307333
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10.37,
        "volume": 662442,
        "typical_volume": 886116.3,
        "trend": 11.969,
        "fair_value": 31.736608,
        "relative_strength": -44.96108,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -16.829279,
        "energy": 13.424269,
        "activity_lines": [
          11.618667,
          12.154909,
          12.255667,
          12.209161
        ]
      },
      {
        "date": "2026-08-07",
        "close": 13.25,
        "volume": 626331,
        "typical_volume": 857923.6,
        "trend": 12.094,
        "fair_value": 31.608229,
        "relative_strength": -32.628212,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.38097,
        "energy": 10.389685,
        "activity_lines": [
          11.914,
          12.323091,
          12.347238,
          12.291806
        ]
      }
    ],
    "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."
    }
  }
}