{
  "ticker": {
    "uuid": "54cfd307-351b-427d-833b-a2dfbb08b665",
    "symbol": "ACRV",
    "name": "Acrivon Therapeutics, Inc. Common Stock",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 85.719,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -24.71,
    "architecture_energy": 14.269,
    "architecture_maturity": 18.468,
    "architecture_confidence": 73.343,
    "architecture_tenure": "Developing",
    "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": 53.95,
        "rotation_up": 21.52,
        "upward_expansion": 13.6,
        "deceleration": 52.39,
        "rotation_down": 41.45,
        "downward_expansion": 63.26
      },
      "activity_lines": [
        1.660667,
        1.673273,
        1.686952,
        1.679505
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 1.73,
    "trend_reference": 1.69,
    "distance_from_trend": 0.023669,
    "trend_direction": "Weakening",
    "fair_value": 4.458301,
    "distance_from_fair_value": -0.61196,
    "fair_value_direction": "Improving",
    "relative_strength": -15.5366,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.035928,
    "excess_performance": -0.151525,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.023669,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.106923,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.61196,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.018825,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.155366,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.140983,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.035928,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.701276,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1362819,
      "relative_activity": 0.530851,
      "balance": 0.701276,
      "dry_up": 0.763838,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.139235,
      "annualized_volatility": 0.655122,
      "from_high_reference": -0.514045,
      "from_low_reference": 0.441426
    },
    "levels": {
      "trend_reference": 1.69,
      "fair_value_reference": 4.458301,
      "structural_low": 1.27,
      "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": 7,
        "median_return": -0.102857,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.113929,
        "regime_survival": 0.428571,
        "best_return": 0.111732,
        "worst_return": -0.177136,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.167598,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.083373,
        "regime_survival": 0.0,
        "best_return": 0.325153,
        "worst_return": -0.173184,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.334373,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.30431,
        "regime_survival": 0.0,
        "best_return": 0.018405,
        "worst_return": -0.687151,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.768156,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.999068,
        "regime_survival": 1.0,
        "best_return": -0.768156,
        "worst_return": -0.768156,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-24",
        "end": "2024-08-23",
        "tenure": "Established",
        "return": 0.177358,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-30",
        "end": "2024-09-20",
        "tenure": "New",
        "return": -0.212856,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-27",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.103352,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2025-09-12",
        "tenure": "Extended",
        "return": -0.784703,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-19",
        "end": "2025-10-03",
        "tenure": "New",
        "return": 0.171779,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-10-10",
        "end": "2025-10-17",
        "tenure": "New",
        "return": -0.010929,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-24",
        "end": "2026-01-23",
        "tenure": "Established",
        "return": -0.009662,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-02-06",
        "tenure": "New",
        "return": -0.067039,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-13",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.184049,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": 0.164474,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-22",
        "end": "2026-06-12",
        "tenure": "New",
        "return": -0.154286,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-19",
        "end": "2026-07-03",
        "tenure": "New",
        "return": 0.095541,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.117347,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 11.13,
        "volume": 58743,
        "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": 12.0,
        "volume": 33167,
        "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": 11.71,
        "volume": 36956,
        "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": 11.5,
        "volume": 69583,
        "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": 10.55,
        "volume": 108222,
        "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": 9.35,
        "volume": 32229,
        "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": 9.56,
        "volume": 35516,
        "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": 7.25,
        "volume": 119017,
        "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": 6.06,
        "volume": 84164,
        "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": 5.54,
        "volume": 123793,
        "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": 5.02,
        "volume": 142130,
        "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": 5.75,
        "volume": 87295,
        "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": "2023-11-10",
        "close": 4.375,
        "volume": 100444,
        "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": 3.89,
        "volume": 201466,
        "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": 3.84,
        "volume": 91736,
        "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": 4.41,
        "volume": 97966,
        "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": 5.03,
        "volume": 251213,
        "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": 4.59,
        "volume": 251030,
        "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": 4.99,
        "volume": 172128,
        "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": 4.92,
        "volume": 88739,
        "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": 4.56,
        "volume": 286982,
        "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": 4.79,
        "volume": 404236,
        "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": 4.35,
        "volume": 130834,
        "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": 3.82,
        "volume": 173623,
        "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": 3.82,
        "volume": 198348,
        "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": 3.63,
        "volume": 398968,
        "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": 3.94,
        "volume": 692579,
        "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": 3.89,
        "volume": 253587,
        "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": 5.7,
        "volume": 479702,
        "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": 4.95,
        "volume": 332628,
        "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": 6.19,
        "volume": 656118,
        "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": 6.19,
        "volume": 384326,
        "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": 7.15,
        "volume": 245173,
        "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": 6.48,
        "volume": 226695,
        "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": 9.99,
        "volume": 40190444,
        "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": 9.39,
        "volume": 1882943,
        "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": 8.46,
        "volume": 1927295,
        "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": 9.59,
        "volume": 1197370,
        "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": 8.77,
        "volume": 779897,
        "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": 8.89,
        "volume": 283334,
        "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": 7.95,
        "volume": 273561,
        "typical_volume": 2555583.05,
        "trend": 5.809833,
        "fair_value": 10.121813,
        "relative_strength": -15.013492,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.968774,
        "energy": 34.004293,
        "activity_lines": [
          8.617333,
          8.625455,
          7.449048,
          6.665355
        ]
      },
      {
        "date": "2024-05-31",
        "close": 7.72,
        "volume": 495867,
        "typical_volume": 2560164.6,
        "trend": 5.8755,
        "fair_value": 10.09216,
        "relative_strength": -14.702402,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.641808,
        "energy": 25.758794,
        "activity_lines": [
          8.28,
          8.522545,
          7.575048,
          6.788591
        ]
      },
      {
        "date": "2024-06-07",
        "close": 7.25,
        "volume": 480936,
        "typical_volume": 2577669.7,
        "trend": 5.971333,
        "fair_value": 10.0575,
        "relative_strength": -20.504876,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.916694,
        "energy": 19.510804,
        "activity_lines": [
          7.835333,
          8.306364,
          7.642333,
          6.877269
        ]
      },
      {
        "date": "2024-06-14",
        "close": 7.25,
        "volume": 502375,
        "typical_volume": 2594107.3,
        "trend": 6.083333,
        "fair_value": 10.023675,
        "relative_strength": -21.740398,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.412444,
        "energy": 20.406715,
        "activity_lines": [
          7.546667,
          8.088364,
          7.69581,
          6.959763
        ]
      },
      {
        "date": "2024-06-21",
        "close": 6.61,
        "volume": 900609,
        "typical_volume": 2629220.35,
        "trend": 6.175667,
        "fair_value": 9.983036,
        "relative_strength": -27.048209,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.979361,
        "energy": 17.518922,
        "activity_lines": [
          7.146,
          7.74,
          7.672,
          6.993742
        ]
      },
      {
        "date": "2024-06-28",
        "close": 5.8,
        "volume": 638045,
        "typical_volume": 2641174.2,
        "trend": 6.222,
        "fair_value": 9.933824,
        "relative_strength": -34.397955,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.7171,
        "energy": 16.78962,
        "activity_lines": [
          6.627333,
          7.305818,
          7.557762,
          6.969505
        ]
      },
      {
        "date": "2024-07-05",
        "close": 7.07,
        "volume": 636418,
        "typical_volume": 2638366.15,
        "trend": 6.29,
        "fair_value": 9.900523,
        "relative_strength": -21.371756,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.163327,
        "energy": 16.213139,
        "activity_lines": [
          6.675333,
          7.167818,
          7.554143,
          7.024215
        ]
      },
      {
        "date": "2024-07-12",
        "close": 7.45,
        "volume": 563746,
        "typical_volume": 2653874.1,
        "trend": 6.385333,
        "fair_value": 9.872356,
        "relative_strength": -15.311923,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.069187,
        "energy": 15.341127,
        "activity_lines": [
          6.893333,
          7.124182,
          7.57181,
          7.099054
        ]
      },
      {
        "date": "2024-07-19",
        "close": 7.33,
        "volume": 335449,
        "typical_volume": 2646661.45,
        "trend": 6.463333,
        "fair_value": 9.843466,
        "relative_strength": -11.433589,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.404724,
        "energy": 10.895805,
        "activity_lines": [
          7.058,
          7.097636,
          7.561095,
          7.16
        ]
      },
      {
        "date": "2024-07-26",
        "close": 8.86,
        "volume": 298109,
        "typical_volume": 2644935.5,
        "trend": 6.594667,
        "fair_value": 9.832416,
        "relative_strength": 11.572891,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.609814,
        "energy": 30.697519,
        "activity_lines": [
          7.727333,
          7.375455,
          7.688333,
          7.314624
        ]
      },
      {
        "date": "2024-08-02",
        "close": 7.55,
        "volume": 322243,
        "typical_volume": 2628241.75,
        "trend": 6.694333,
        "fair_value": 9.807056,
        "relative_strength": -0.235883,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.790705,
        "energy": 26.400969,
        "activity_lines": [
          7.81,
          7.415636,
          7.67219,
          7.376258
        ]
      },
      {
        "date": "2024-08-09",
        "close": 7.69,
        "volume": 316071,
        "typical_volume": 2624829.0,
        "trend": 6.791,
        "fair_value": 9.783791,
        "relative_strength": 3.239768,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.362508,
        "energy": 26.53807,
        "activity_lines": [
          7.822667,
          7.488545,
          7.662905,
          7.440495
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7.6,
        "volume": 218061,
        "typical_volume": 2623473.4,
        "trend": 6.899333,
        "fair_value": 9.760054,
        "relative_strength": -1.504968,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.730119,
        "energy": 24.590087,
        "activity_lines": [
          7.764,
          7.545636,
          7.637905,
          7.492688
        ]
      },
      {
        "date": "2024-08-23",
        "close": 9.36,
        "volume": 268367,
        "typical_volume": 2625557.0,
        "trend": 7.084,
        "fair_value": 9.755753,
        "relative_strength": 22.026559,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 68.208289,
        "energy": 46.503924,
        "activity_lines": [
          8.282,
          7.916364,
          7.778381,
          7.651441
        ]
      },
      {
        "date": "2024-08-30",
        "close": 9.49,
        "volume": 446799,
        "typical_volume": 638374.75,
        "trend": 7.273,
        "fair_value": 9.752926,
        "relative_strength": 26.409432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.57914,
        "energy": 58.460116,
        "activity_lines": [
          8.708,
          8.272364,
          7.917524,
          7.806667
        ]
      },
      {
        "date": "2024-09-06",
        "close": 8.08,
        "volume": 236250,
        "typical_volume": 556040.1,
        "trend": 7.421333,
        "fair_value": 9.735316,
        "relative_strength": 16.094802,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.35263,
        "energy": 46.904459,
        "activity_lines": [
          8.622,
          8.319636,
          7.924762,
          7.858731
        ]
      },
      {
        "date": "2024-09-13",
        "close": 8.91,
        "volume": 513064,
        "typical_volume": 485328.55,
        "trend": 7.587,
        "fair_value": 9.726719,
        "relative_strength": 22.345006,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.989821,
        "energy": 52.886585,
        "activity_lines": [
          8.777333,
          8.476364,
          8.017286,
          7.954774
        ]
      },
      {
        "date": "2024-09-20",
        "close": 7.47,
        "volume": 1657627,
        "typical_volume": 508341.4,
        "trend": 7.706333,
        "fair_value": 9.703454,
        "relative_strength": 2.449047,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.089139,
        "energy": 20.99739,
        "activity_lines": [
          8.371333,
          8.337818,
          7.970524,
          7.947226
        ]
      },
      {
        "date": "2024-09-27",
        "close": 7.16,
        "volume": 320873,
        "typical_volume": 485390.2,
        "trend": 7.755,
        "fair_value": 9.6775,
        "relative_strength": -1.283374,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.820199,
        "energy": 8.710575,
        "activity_lines": [
          7.870667,
          8.142545,
          7.904333,
          7.911978
        ]
      },
      {
        "date": "2024-10-04",
        "close": 7.01,
        "volume": 506153,
        "typical_volume": 496531.15,
        "trend": 7.823667,
        "fair_value": 9.650556,
        "relative_strength": -2.757872,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.684947,
        "energy": 17.349443,
        "activity_lines": [
          7.466667,
          7.923091,
          7.831524,
          7.863914
        ]
      },
      {
        "date": "2024-10-11",
        "close": 7.29,
        "volume": 463983,
        "typical_volume": 506052.25,
        "trend": 7.860333,
        "fair_value": 9.62695,
        "relative_strength": 0.139127,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.481492,
        "energy": 34.373225,
        "activity_lines": [
          7.321333,
          7.788182,
          7.794333,
          7.829484
        ]
      },
      {
        "date": "2024-10-18",
        "close": 8.25,
        "volume": 351610,
        "typical_volume": 498839.4,
        "trend": 7.929,
        "fair_value": 9.613317,
        "relative_strength": 12.931317,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -37.831004,
        "energy": 23.725926,
        "activity_lines": [
          7.548667,
          7.832545,
          7.851714,
          7.854624
        ]
      },
      {
        "date": "2024-10-25",
        "close": 7.96,
        "volume": 220602,
        "typical_volume": 485822.7,
        "trend": 7.956,
        "fair_value": 9.597108,
        "relative_strength": 8.572077,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -31.155719,
        "energy": 15.415034,
        "activity_lines": [
          7.723333,
          7.814,
          7.878952,
          7.856624
        ]
      },
      {
        "date": "2024-11-01",
        "close": 8.01,
        "volume": 177825,
        "typical_volume": 469595.2,
        "trend": 8.007,
        "fair_value": 9.581699,
        "relative_strength": 10.923293,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -15.370168,
        "energy": 8.62619,
        "activity_lines": [
          7.882,
          7.798,
          7.907571,
          7.860108
        ]
      },
      {
        "date": "2024-11-08",
        "close": 8.57,
        "volume": 249950,
        "typical_volume": 437062.25,
        "trend": 7.959667,
        "fair_value": 9.571971,
        "relative_strength": 11.783321,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 16.07991,
        "energy": 15.486332,
        "activity_lines": [
          8.170667,
          7.908364,
          7.985905,
          7.89643
        ]
      },
      {
        "date": "2024-11-15",
        "close": 6.96,
        "volume": 309890,
        "typical_volume": 420654.5,
        "trend": 7.878667,
        "fair_value": 9.547095,
        "relative_strength": -6.471512,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.21099,
        "energy": 6.694026,
        "activity_lines": [
          7.818667,
          7.742727,
          7.901571,
          7.831935
        ]
      },
      {
        "date": "2024-11-22",
        "close": 6.55,
        "volume": 202052,
        "typical_volume": 398936.2,
        "trend": 7.815,
        "fair_value": 9.518821,
        "relative_strength": -13.919621,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.324994,
        "energy": 35.06593,
        "activity_lines": [
          7.352,
          7.522909,
          7.772667,
          7.746215
        ]
      },
      {
        "date": "2024-11-29",
        "close": 7.58,
        "volume": 183175,
        "typical_volume": 379907.65,
        "trend": 7.748,
        "fair_value": 9.500701,
        "relative_strength": -1.593443,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -33.669484,
        "energy": 32.079919,
        "activity_lines": [
          7.342,
          7.533273,
          7.744333,
          7.731054
        ]
      },
      {
        "date": "2024-12-06",
        "close": 6.42,
        "volume": 372197,
        "typical_volume": 381745.05,
        "trend": 7.669667,
        "fair_value": 9.472176,
        "relative_strength": -19.229151,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -62.303042,
        "energy": 54.263357,
        "activity_lines": [
          6.970667,
          7.330727,
          7.604905,
          7.645376
        ]
      },
      {
        "date": "2024-12-13",
        "close": 7.06,
        "volume": 286394,
        "typical_volume": 381159.3,
        "trend": 7.608667,
        "fair_value": 9.450046,
        "relative_strength": -12.068784,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.025159,
        "energy": 52.484461,
        "activity_lines": [
          6.918667,
          7.258,
          7.530762,
          7.606043
        ]
      },
      {
        "date": "2024-12-20",
        "close": 6.71,
        "volume": 402030,
        "typical_volume": 385148.65,
        "trend": 7.567333,
        "fair_value": 9.425136,
        "relative_strength": -14.586872,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.596363,
        "energy": 51.353978,
        "activity_lines": [
          6.850667,
          7.120727,
          7.431857,
          7.548065
        ]
      },
      {
        "date": "2024-12-27",
        "close": 5.92,
        "volume": 138123,
        "typical_volume": 376251.25,
        "trend": 7.507333,
        "fair_value": 9.393559,
        "relative_strength": -25.252903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.001357,
        "energy": 66.376412,
        "activity_lines": [
          6.536,
          6.850364,
          7.261714,
          7.441785
        ]
      },
      {
        "date": "2025-01-03",
        "close": 6.62,
        "volume": 225195,
        "typical_volume": 376607.95,
        "trend": 7.486333,
        "fair_value": 9.368795,
        "relative_strength": -15.901549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.210929,
        "energy": 49.426239,
        "activity_lines": [
          6.496667,
          6.749636,
          7.166667,
          7.384538
        ]
      },
      {
        "date": "2025-01-10",
        "close": 5.47,
        "volume": 142713,
        "typical_volume": 370325.25,
        "trend": 7.427,
        "fair_value": 9.334292,
        "relative_strength": -28.86196,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.052492,
        "energy": 61.611278,
        "activity_lines": [
          6.138,
          6.464182,
          6.966762,
          7.254452
        ]
      },
      {
        "date": "2025-01-17",
        "close": 5.78,
        "volume": 236608,
        "typical_volume": 359815.7,
        "trend": 7.399333,
        "fair_value": 9.303114,
        "relative_strength": -26.990466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.843635,
        "energy": 62.026069,
        "activity_lines": [
          5.946,
          6.281273,
          6.814905,
          7.148194
        ]
      },
      {
        "date": "2025-01-24",
        "close": 5.45,
        "volume": 80364,
        "typical_volume": 352021.4,
        "trend": 7.387667,
        "fair_value": 9.269609,
        "relative_strength": -32.289347,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.602632,
        "energy": 59.751772,
        "activity_lines": [
          5.729333,
          6.089091,
          6.649286,
          7.02243
        ]
      },
      {
        "date": "2025-01-31",
        "close": 6.07,
        "volume": 157028,
        "typical_volume": 334219.6,
        "trend": 7.354333,
        "fair_value": 9.242026,
        "relative_strength": -23.783674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.78597,
        "energy": 50.537619,
        "activity_lines": [
          5.803333,
          6.037091,
          6.555238,
          6.937419
        ]
      },
      {
        "date": "2025-02-07",
        "close": 6.02,
        "volume": 889061,
        "typical_volume": 295791.3,
        "trend": 7.306667,
        "fair_value": 9.214487,
        "relative_strength": -24.801984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.868128,
        "energy": 35.833689,
        "activity_lines": [
          5.850667,
          5.984727,
          6.469952,
          6.851333
        ]
      },
      {
        "date": "2025-02-14",
        "close": 5.42,
        "volume": 177105,
        "typical_volume": 288602.9,
        "trend": 7.243,
        "fair_value": 9.182331,
        "relative_strength": -34.284387,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.373112,
        "energy": 38.0302,
        "activity_lines": [
          5.738,
          5.851636,
          6.334429,
          6.729613
        ]
      },
      {
        "date": "2025-02-21",
        "close": 5.54,
        "volume": 146619,
        "typical_volume": 270626.2,
        "trend": 7.132333,
        "fair_value": 9.151723,
        "relative_strength": -31.423571,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.359666,
        "energy": 34.045717,
        "activity_lines": [
          5.668667,
          5.758545,
          6.218619,
          6.619742
        ]
      },
      {
        "date": "2025-02-28",
        "close": 5.31,
        "volume": 355511,
        "typical_volume": 265202.6,
        "trend": 7.057667,
        "fair_value": 9.119708,
        "relative_strength": -31.747355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.560215,
        "energy": 37.5038,
        "activity_lines": [
          5.538667,
          5.651273,
          6.087905,
          6.502172
        ]
      },
      {
        "date": "2025-03-07",
        "close": 5.54,
        "volume": 150468,
        "typical_volume": 255145.5,
        "trend": 6.986,
        "fair_value": 9.090124,
        "relative_strength": -26.412159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.988686,
        "energy": 36.852599,
        "activity_lines": [
          5.494667,
          5.611273,
          5.988524,
          6.404258
        ]
      },
      {
        "date": "2025-03-14",
        "close": 5.44,
        "volume": 92441,
        "typical_volume": 248737.45,
        "trend": 6.914,
        "fair_value": 9.060205,
        "relative_strength": -25.63204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.143294,
        "energy": 36.412271,
        "activity_lines": [
          5.452667,
          5.56,
          5.892524,
          6.304516
        ]
      },
      {
        "date": "2025-03-21",
        "close": 5.36,
        "volume": 132878,
        "typical_volume": 246490.1,
        "trend": 6.780667,
        "fair_value": 9.030122,
        "relative_strength": -26.648002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.89116,
        "energy": 36.017213,
        "activity_lines": [
          5.422667,
          5.515636,
          5.800905,
          6.204258
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2.24,
        "volume": 2924271,
        "typical_volume": 380206.15,
        "trend": 6.539,
        "fair_value": 8.975363,
        "relative_strength": -68.153583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.484432,
        "energy": 74.121704,
        "activity_lines": [
          4.356667,
          4.906,
          5.424762,
          5.911312
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1.51,
        "volume": 1627022,
        "typical_volume": 446062.75,
        "trend": 6.32,
        "fair_value": 8.91564,
        "relative_strength": -75.834101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.375094,
        "energy": 91.064097,
        "activity_lines": [
          3.267333,
          4.228,
          5.009238,
          5.58686
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1.62,
        "volume": 988208,
        "typical_volume": 485370.55,
        "trend": 6.077,
        "fair_value": 8.857738,
        "relative_strength": -75.260782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.759657,
        "energy": 93.769978,
        "activity_lines": [
          2.468,
          3.641636,
          4.630143,
          5.283634
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1.81,
        "volume": 2647542,
        "typical_volume": 608588.9,
        "trend": 5.888333,
        "fair_value": 8.802244,
        "relative_strength": -70.99408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.668891,
        "energy": 90.345043,
        "activity_lines": [
          1.993333,
          3.170727,
          4.292619,
          5.008344
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1.64,
        "volume": 17140310,
        "typical_volume": 1446994.55,
        "trend": 5.704333,
        "fair_value": 8.746289,
        "relative_strength": -74.73843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.88417,
        "energy": 88.981243,
        "activity_lines": [
          1.704,
          2.745455,
          3.966381,
          4.734258
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1.41,
        "volume": 4075174,
        "typical_volume": 1636433.55,
        "trend": 5.517667,
        "fair_value": 8.689419,
        "relative_strength": -78.422004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.24419,
        "energy": 87.98389,
        "activity_lines": [
          1.586,
          2.347091,
          3.641,
          4.457204
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1.16,
        "volume": 2902099,
        "typical_volume": 1761437.0,
        "trend": 5.313333,
        "fair_value": 8.6315,
        "relative_strength": -81.755113,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.83186,
        "energy": 86.644971,
        "activity_lines": [
          1.44,
          1.978364,
          3.318714,
          4.176065
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1.15,
        "volume": 4364896,
        "typical_volume": 1972775.65,
        "trend": 5.076667,
        "fair_value": 8.574389,
        "relative_strength": -82.624487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.279323,
        "energy": 85.757742,
        "activity_lines": [
          1.314,
          1.683273,
          3.021905,
          3.907462
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1.17,
        "volume": 3937844,
        "typical_volume": 2158408.1,
        "trend": 4.850333,
        "fair_value": 8.518295,
        "relative_strength": -81.470483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.097459,
        "energy": 85.461902,
        "activity_lines": [
          1.226,
          1.471636,
          2.749714,
          3.655419
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1.05,
        "volume": 2712971,
        "typical_volume": 2286921.0,
        "trend": 4.618333,
        "fair_value": 8.462143,
        "relative_strength": -83.293005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.355726,
        "energy": 85.771905,
        "activity_lines": [
          1.140667,
          1.315818,
          2.492048,
          3.410237
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1.35,
        "volume": 3505227,
        "typical_volume": 2450351.95,
        "trend": 4.377667,
        "fair_value": 8.409067,
        "relative_strength": -78.50685,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.159438,
        "energy": 65.512576,
        "activity_lines": [
          1.194667,
          1.292909,
          2.284,
          3.199376
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1.2,
        "volume": 2015497,
        "typical_volume": 2547108.6,
        "trend": 4.185667,
        "fair_value": 8.355667,
        "relative_strength": -80.375514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.45664,
        "energy": 63.709599,
        "activity_lines": [
          1.202667,
          1.258909,
          2.082762,
          2.994366
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1.18,
        "volume": 1053584,
        "typical_volume": 2591936.4,
        "trend": 4.006667,
        "fair_value": 8.302904,
        "relative_strength": -80.319167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.528379,
        "energy": 62.421035,
        "activity_lines": [
          1.201333,
          1.226909,
          1.899857,
          2.800452
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1.2,
        "volume": 3463470,
        "typical_volume": 2720656.85,
        "trend": 3.794,
        "fair_value": 8.251058,
        "relative_strength": -80.453917,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.581729,
        "energy": 84.131244,
        "activity_lines": [
          1.204667,
          1.206545,
          1.742143,
          2.619376
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1.29,
        "volume": 1374607,
        "typical_volume": 2780531.95,
        "trend": 3.623,
        "fair_value": 8.200616,
        "relative_strength": -78.859189,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.134447,
        "energy": 82.215921,
        "activity_lines": [
          1.236,
          1.213636,
          1.615952,
          2.457828
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1.32,
        "volume": 1097797,
        "typical_volume": 2828090.85,
        "trend": 3.431667,
        "fair_value": 8.151115,
        "relative_strength": -77.792018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.417908,
        "energy": 80.797766,
        "activity_lines": [
          1.261333,
          1.232545,
          1.512286,
          2.309247
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1.35,
        "volume": 1391532,
        "typical_volume": 2879891.9,
        "trend": 3.253,
        "fair_value": 8.102536,
        "relative_strength": -77.033334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.049397,
        "energy": 80.146568,
        "activity_lines": [
          1.298667,
          1.258545,
          1.431571,
          2.174946
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1.43,
        "volume": 1755307,
        "typical_volume": 2960133.85,
        "trend": 3.103333,
        "fair_value": 8.055213,
        "relative_strength": -75.128272,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.561335,
        "energy": 57.384513,
        "activity_lines": [
          1.352667,
          1.295636,
          1.377333,
          2.057333
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1.26,
        "volume": 1508841,
        "typical_volume": 3030953.85,
        "trend": 2.924667,
        "fair_value": 8.007359,
        "relative_strength": -76.951494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.416432,
        "energy": 58.166632,
        "activity_lines": [
          1.333333,
          1.296727,
          1.326476,
          1.938409
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.24,
        "volume": 751022,
        "typical_volume": 3061861.05,
        "trend": 2.783667,
        "fair_value": 7.960035,
        "relative_strength": -77.474581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.763862,
        "energy": 59.353554,
        "activity_lines": [
          1.303333,
          1.292545,
          1.293619,
          1.82972
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1.35,
        "volume": 1053610,
        "typical_volume": 2968328.0,
        "trend": 2.636,
        "fair_value": 7.914132,
        "relative_strength": -74.902221,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.317445,
        "energy": 51.569171,
        "activity_lines": [
          1.313333,
          1.304909,
          1.290857,
          1.737226
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1.36,
        "volume": 1225008,
        "typical_volume": 2948227.3,
        "trend": 2.499667,
        "fair_value": 7.868931,
        "relative_strength": -73.537763,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.59234,
        "energy": 47.515754,
        "activity_lines": [
          1.324667,
          1.319091,
          1.293286,
          1.654903
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1.34,
        "volume": 650241,
        "typical_volume": 2931328.95,
        "trend": 2.342,
        "fair_value": 7.824212,
        "relative_strength": -72.826486,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.20656,
        "energy": 39.857878,
        "activity_lines": [
          1.328667,
          1.326727,
          1.294524,
          1.580086
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1.33,
        "volume": 7656972,
        "typical_volume": 3181800.45,
        "trend": 2.185667,
        "fair_value": 7.780034,
        "relative_strength": -72.321507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.800855,
        "energy": 33.377343,
        "activity_lines": [
          1.335333,
          1.329636,
          1.296143,
          1.514796
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1.52,
        "volume": 58337566,
        "typical_volume": 5241663.25,
        "trend": 2.055667,
        "fair_value": 7.737736,
        "relative_strength": -67.729411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.581356,
        "energy": 13.595916,
        "activity_lines": [
          1.400667,
          1.364727,
          1.318143,
          1.471849
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1.63,
        "volume": 2965369,
        "typical_volume": 5186173.0,
        "trend": 1.925333,
        "fair_value": 7.696745,
        "relative_strength": -65.051019,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.589022,
        "energy": 8.493465,
        "activity_lines": [
          1.484,
          1.415636,
          1.35119,
          1.444387
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1.66,
        "volume": 2077731,
        "typical_volume": 5144954.6,
        "trend": 1.803667,
        "fair_value": 7.6565,
        "relative_strength": -63.155485,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.254347,
        "energy": 16.821774,
        "activity_lines": [
          1.558667,
          1.466364,
          1.386048,
          1.427269
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1.91,
        "volume": 2769220,
        "typical_volume": 5065170.8,
        "trend": 1.682667,
        "fair_value": 7.618444,
        "relative_strength": -56.874257,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 49.458279,
        "energy": 42.050482,
        "activity_lines": [
          1.696667,
          1.556909,
          1.442333,
          1.434129
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1.83,
        "volume": 2675805,
        "typical_volume": 5002068.85,
        "trend": 1.562333,
        "fair_value": 7.580362,
        "relative_strength": -56.379245,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.739122,
        "energy": 59.765278,
        "activity_lines": [
          1.77,
          1.624182,
          1.487381,
          1.443634
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1.81,
        "volume": 1917045,
        "typical_volume": 4962272.55,
        "trend": 1.444,
        "fair_value": 7.542647,
        "relative_strength": -56.258467,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 64.105985,
        "energy": 68.350368,
        "activity_lines": [
          1.803333,
          1.677455,
          1.527381,
          1.459613
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2.07,
        "volume": 1919381,
        "typical_volume": 4882980.25,
        "trend": 1.438333,
        "fair_value": 7.50711,
        "relative_strength": -49.218145,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.750456,
        "energy": 76.071762,
        "activity_lines": [
          1.904,
          1.767636,
          1.588524,
          1.5
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1.99,
        "volume": 1537821,
        "typical_volume": 4859096.45,
        "trend": 1.454333,
        "fair_value": 7.471516,
        "relative_strength": -50.171982,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.798777,
        "energy": 67.273372,
        "activity_lines": [
          1.948667,
          1.830182,
          1.638619,
          1.535591
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1.88,
        "volume": 16733032,
        "typical_volume": 5643068.85,
        "trend": 1.463,
        "fair_value": 7.435673,
        "relative_strength": -49.335401,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.510436,
        "energy": 45.029116,
        "activity_lines": [
          1.934667,
          1.861273,
          1.674476,
          1.563054
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2.24,
        "volume": 4064765,
        "typical_volume": 5673133.6,
        "trend": 1.477333,
        "fair_value": 7.348878,
        "relative_strength": -37.489738,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.493943,
        "energy": 52.689397,
        "activity_lines": [
          2.042667,
          1.948,
          1.741286,
          1.613183
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2.3,
        "volume": 3341272,
        "typical_volume": 5771466.85,
        "trend": 1.499333,
        "fair_value": 7.283494,
        "relative_strength": -31.73699,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.086029,
        "energy": 52.512187,
        "activity_lines": [
          2.143333,
          2.029091,
          1.808857,
          1.666258
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2.36,
        "volume": 1233109,
        "typical_volume": 5778232.45,
        "trend": 1.531,
        "fair_value": 7.217532,
        "relative_strength": -30.655443,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.904057,
        "energy": 53.616852,
        "activity_lines": [
          2.231333,
          2.106909,
          1.877333,
          1.721785
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2.37,
        "volume": 2413017,
        "typical_volume": 5829306.7,
        "trend": 1.571333,
        "fair_value": 7.152596,
        "relative_strength": -28.949423,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.224169,
        "energy": 62.750574,
        "activity_lines": [
          2.303333,
          2.173273,
          1.94181,
          1.775914
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2.53,
        "volume": 2520304,
        "typical_volume": 5867556.55,
        "trend": 1.617333,
        "fair_value": 7.091955,
        "relative_strength": -20.017379,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.593109,
        "energy": 78.536383,
        "activity_lines": [
          2.403333,
          2.255818,
          2.016667,
          1.837763
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2.16,
        "volume": 2995788,
        "typical_volume": 5941903.9,
        "trend": 1.650333,
        "fair_value": 7.031122,
        "relative_strength": -29.597477,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.476371,
        "energy": 52.481576,
        "activity_lines": [
          2.336667,
          2.259818,
          2.051048,
          1.872774
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2.44,
        "volume": 847332,
        "typical_volume": 5946719.4,
        "trend": 1.696667,
        "fair_value": 6.972917,
        "relative_strength": -19.108305,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.163756,
        "energy": 48.891269,
        "activity_lines": [
          2.368667,
          2.308727,
          2.10781,
          1.92372
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2.46,
        "volume": 1396006,
        "typical_volume": 5963839.2,
        "trend": 1.733667,
        "fair_value": 6.914327,
        "relative_strength": -13.996373,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.885889,
        "energy": 47.010956,
        "activity_lines": [
          2.398,
          2.349818,
          2.160762,
          1.972968
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1.75,
        "volume": 54302455,
        "typical_volume": 8617711.55,
        "trend": 1.752,
        "fair_value": 6.845929,
        "relative_strength": -38.08594,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.108474,
        "energy": 15.099242,
        "activity_lines": [
          2.184,
          2.254727,
          2.14081,
          1.974022
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1.98,
        "volume": 9815154,
        "typical_volume": 9075957.2,
        "trend": 1.778667,
        "fair_value": 6.768045,
        "relative_strength": -26.862896,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.226468,
        "energy": 16.157059,
        "activity_lines": [
          2.088,
          2.205818,
          2.140905,
          1.988731
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2.05,
        "volume": 5120911,
        "typical_volume": 8949154.15,
        "trend": 1.807,
        "fair_value": 6.688045,
        "relative_strength": -22.028992,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.745812,
        "energy": 17.422135,
        "activity_lines": [
          2.052,
          2.167818,
          2.144619,
          2.006237
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1.79,
        "volume": 4139220,
        "typical_volume": 6239236.85,
        "trend": 1.823667,
        "fair_value": 6.577404,
        "relative_strength": -28.977639,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.040005,
        "energy": 15.139769,
        "activity_lines": [
          1.936667,
          2.086,
          2.120143,
          2.00514
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1.67,
        "volume": 3048829,
        "typical_volume": 6243409.85,
        "trend": 1.835333,
        "fair_value": 6.44734,
        "relative_strength": -29.454771,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.500969,
        "energy": 23.647555,
        "activity_lines": [
          1.824667,
          1.991636,
          2.082952,
          1.995226
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1.63,
        "volume": 4252819,
        "typical_volume": 6352164.25,
        "trend": 1.844667,
        "fair_value": 6.319391,
        "relative_strength": -27.601875,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.472907,
        "energy": 36.423161,
        "activity_lines": [
          1.752,
          1.902545,
          2.041762,
          1.981978
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1.53,
        "volume": 2566090,
        "typical_volume": 6342007.75,
        "trend": 1.848,
        "fair_value": 6.230929,
        "relative_strength": -29.904084,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.08688,
        "energy": 48.204402,
        "activity_lines": [
          1.654,
          1.808727,
          1.99119,
          1.961677
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1.51,
        "volume": 6927496,
        "typical_volume": 6554592.3,
        "trend": 1.856333,
        "fair_value": 6.105994,
        "relative_strength": -27.531612,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.506732,
        "energy": 47.056098,
        "activity_lines": [
          1.579333,
          1.729455,
          1.940524,
          1.939871
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.55,
        "volume": 5641069,
        "typical_volume": 6740793.5,
        "trend": 1.866667,
        "fair_value": 5.987468,
        "relative_strength": -20.798215,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.898276,
        "energy": 44.136104,
        "activity_lines": [
          1.554,
          1.669273,
          1.89519,
          1.920108
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.62,
        "volume": 2905930,
        "typical_volume": 6790120.95,
        "trend": 1.875667,
        "fair_value": 5.869647,
        "relative_strength": -11.8781,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.374315,
        "energy": 36.311271,
        "activity_lines": [
          1.568,
          1.638,
          1.857762,
          1.904194
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1.66,
        "volume": 3625384,
        "typical_volume": 6894499.1,
        "trend": 1.885667,
        "fair_value": 5.796827,
        "relative_strength": -2.854738,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.939074,
        "energy": 25.170319,
        "activity_lines": [
          1.598667,
          1.629273,
          1.826286,
          1.89028
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1.33,
        "volume": 3139864,
        "typical_volume": 6214840.7,
        "trend": 1.885333,
        "fair_value": 5.724006,
        "relative_strength": -18.269592,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.755914,
        "energy": 40.708636,
        "activity_lines": [
          1.517333,
          1.562182,
          1.764952,
          1.85443
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1.52,
        "volume": 1869135,
        "typical_volume": 6105059.2,
        "trend": 1.891667,
        "fair_value": 5.677404,
        "relative_strength": -9.574571,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.331822,
        "energy": 33.812155,
        "activity_lines": [
          1.512667,
          1.541455,
          1.724333,
          1.83086
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1.56,
        "volume": 3151462,
        "typical_volume": 6095568.7,
        "trend": 1.893,
        "fair_value": 5.633686,
        "relative_strength": -10.541045,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.782856,
        "energy": 48.857619,
        "activity_lines": [
          1.520667,
          1.537636,
          1.690952,
          1.809462
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1.78,
        "volume": 2718446,
        "typical_volume": 6169835.55,
        "trend": 1.898,
        "fair_value": 5.56984,
        "relative_strength": -2.984619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.273483,
        "energy": 35.661586,
        "activity_lines": [
          1.601333,
          1.578,
          1.682048,
          1.802172
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1.91,
        "volume": 8796614,
        "typical_volume": 6489015.4,
        "trend": 1.906333,
        "fair_value": 5.503173,
        "relative_strength": 2.278292,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.844911,
        "energy": 16.812304,
        "activity_lines": [
          1.714667,
          1.64,
          1.688286,
          1.802946
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2.09,
        "volume": 2924787,
        "typical_volume": 6509239.55,
        "trend": 1.912333,
        "fair_value": 5.43625,
        "relative_strength": 10.057816,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 10.336362,
        "energy": 22.709365,
        "activity_lines": [
          1.871333,
          1.729636,
          1.713857,
          1.814796
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1.98,
        "volume": 3091767,
        "typical_volume": 6514038.5,
        "trend": 1.917333,
        "fair_value": 5.362724,
        "relative_strength": -1.438334,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 21.955748,
        "energy": 32.212932,
        "activity_lines": [
          1.940667,
          1.789091,
          1.731048,
          1.819161
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1.77,
        "volume": 2282786,
        "typical_volume": 6585811.2,
        "trend": 1.916,
        "fair_value": 5.291891,
        "relative_strength": -11.776244,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -1.184735,
        "energy": 21.42167,
        "activity_lines": [
          1.909333,
          1.801818,
          1.729095,
          1.809656
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1.75,
        "volume": 2795887,
        "typical_volume": 6655805.25,
        "trend": 1.905333,
        "fair_value": 5.22266,
        "relative_strength": -13.897521,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.178929,
        "energy": 15.192887,
        "activity_lines": [
          1.857333,
          1.806909,
          1.728429,
          1.798946
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1.6,
        "volume": 1376914,
        "typical_volume": 4009528.2,
        "trend": 1.892333,
        "fair_value": 5.153622,
        "relative_strength": -23.563401,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.571691,
        "energy": 17.045158,
        "activity_lines": [
          1.757333,
          1.782364,
          1.716857,
          1.779247
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.43,
        "volume": 2141896,
        "typical_volume": 3625865.3,
        "trend": 1.877333,
        "fair_value": 5.08266,
        "relative_strength": -28.205606,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.022532,
        "energy": 36.363239,
        "activity_lines": [
          1.621333,
          1.728,
          1.68981,
          1.749419
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1.48,
        "volume": 1286825,
        "typical_volume": 3434161.0,
        "trend": 1.852,
        "fair_value": 5.012019,
        "relative_strength": -27.256483,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.43665,
        "energy": 40.48447,
        "activity_lines": [
          1.546,
          1.680909,
          1.670143,
          1.723785
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.57,
        "volume": 1635630,
        "typical_volume": 3308981.5,
        "trend": 1.827667,
        "fair_value": 4.934583,
        "relative_strength": -24.775949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.350633,
        "energy": 51.385939,
        "activity_lines": [
          1.534,
          1.650909,
          1.661762,
          1.705591
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1.68,
        "volume": 1803211,
        "typical_volume": 3246700.6,
        "trend": 1.805,
        "fair_value": 4.862276,
        "relative_strength": -15.816842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.284044,
        "energy": 48.422334,
        "activity_lines": [
          1.572,
          1.640727,
          1.664905,
          1.696065
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1.72,
        "volume": 1275373,
        "typical_volume": 3097828.3,
        "trend": 1.783333,
        "fair_value": 4.799968,
        "relative_strength": -14.597804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.887831,
        "energy": 22.73003,
        "activity_lines": [
          1.628,
          1.639636,
          1.67181,
          1.690581
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1.96,
        "volume": 3210307,
        "typical_volume": 3130039.15,
        "trend": 1.764333,
        "fair_value": 4.732981,
        "relative_strength": -4.614766,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.584445,
        "energy": 11.129826,
        "activity_lines": [
          1.756,
          1.685636,
          1.701143,
          1.701978
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.75,
        "volume": 3457623,
        "typical_volume": 2956545.5,
        "trend": 1.750667,
        "fair_value": 4.662147,
        "relative_strength": -11.199983,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.374226,
        "energy": 15.62683,
        "activity_lines": [
          1.778667,
          1.695818,
          1.708429,
          1.701054
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.6,
        "volume": 969056,
        "typical_volume": 2722944.85,
        "trend": 1.722667,
        "fair_value": 4.59234,
        "relative_strength": -17.384585,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.470714,
        "energy": 9.938061,
        "activity_lines": [
          1.733333,
          1.682909,
          1.700286,
          1.691333
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.5,
        "volume": 2054309,
        "typical_volume": 2680363.8,
        "trend": 1.690667,
        "fair_value": 4.526635,
        "relative_strength": -22.917406,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.971905,
        "energy": 17.363285,
        "activity_lines": [
          1.652667,
          1.654909,
          1.682381,
          1.676968
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.73,
        "volume": 1362819,
        "typical_volume": 2567235.55,
        "trend": 1.69,
        "fair_value": 4.458301,
        "relative_strength": -15.5366,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.709722,
        "energy": 14.268592,
        "activity_lines": [
          1.660667,
          1.673273,
          1.686952,
          1.679505
        ]
      }
    ],
    "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."
    }
  }
}