{
  "ticker": {
    "uuid": "8569f374-0f7b-4dbf-8d1d-97a9fc989ad9",
    "symbol": "ALPET",
    "name": "Pet Service Holding N.V.",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 75.19,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -23.578,
    "architecture_energy": 15.11,
    "architecture_maturity": 18.504,
    "architecture_confidence": 63.332,
    "architecture_tenure": "New",
    "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": 54.56,
        "rotation_up": 33.78,
        "upward_expansion": 25.28,
        "deceleration": 38.87,
        "rotation_down": 23.88,
        "downward_expansion": 47.94
      },
      "activity_lines": [
        4.394667,
        4.321818,
        4.353905,
        4.389032
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 4.4,
    "trend_reference": 4.468667,
    "distance_from_trend": -0.015366,
    "trend_direction": "Weakening",
    "fair_value": 4.700446,
    "distance_from_fair_value": -0.063919,
    "fair_value_direction": "Improving",
    "relative_strength": -11.654164,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.153846,
    "excess_performance": -0.207158,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.015366,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.033732,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.063919,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.048959,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.116542,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.020402,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.153846,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.374188,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5412,
      "relative_activity": 1.253242,
      "balance": 2.374188,
      "dry_up": 1.425933,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.081469,
      "annualized_volatility": 0.357216,
      "from_high_reference": -0.278689,
      "from_low_reference": 0.157895
    },
    "levels": {
      "trend_reference": 4.468667,
      "fair_value_reference": 4.700446,
      "structural_low": 3.8,
      "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": 6,
        "median_return": -0.020321,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.017663,
        "regime_survival": 0.333333,
        "best_return": 0.25,
        "worst_return": -0.146154,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.020833,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.051961,
        "regime_survival": 0.333333,
        "best_return": 0.0,
        "worst_return": -0.120792,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.008333,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.040672,
        "regime_survival": 1.0,
        "best_return": 0.008333,
        "worst_return": 0.008333,
        "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": "2025-08-01",
        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.047009,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-09-05",
        "tenure": "New",
        "return": 0.270833,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.24,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-10-24",
        "tenure": "New",
        "return": -0.008811,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-31",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": 0.25,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-05",
        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-12-19",
        "end": "2025-12-26",
        "tenure": "New",
        "return": -0.037344,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.008621,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-23",
        "end": "2026-01-30",
        "tenure": "New",
        "return": 0.04329,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-06",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.146154,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-13",
        "end": "2026-06-05",
        "tenure": "Established",
        "return": -0.013333,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-06-26",
        "tenure": "New",
        "return": -0.085973,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-03",
        "end": "2026-07-24",
        "tenure": "New",
        "return": 0.08,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.013453,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 5.0,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 5.0,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 5.0,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 5.0,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 5.0,
        "volume": 25,
        "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": 5.0,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 5.0,
        "volume": 1550,
        "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": 5.0,
        "volume": 600,
        "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": 5.0,
        "volume": 2327,
        "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": 5.0,
        "volume": 1801,
        "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": 4.5,
        "volume": 57970,
        "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": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 5.0,
        "volume": 20,
        "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": 4.9995,
        "volume": 2002,
        "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": 5.0,
        "volume": 200,
        "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": 4.95,
        "volume": 925,
        "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": 5.0,
        "volume": 18060,
        "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": 5.0,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 4.8,
        "volume": 850,
        "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": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 4.8,
        "volume": 200,
        "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": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 4.8,
        "volume": 101,
        "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": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 4.5,
        "volume": 518,
        "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": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 4.2,
        "volume": 200,
        "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": 4.8,
        "volume": 700,
        "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": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 4.8,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 4.7,
        "volume": 4382,
        "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": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 4.4,
        "volume": 100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 4.4,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 4.4,
        "volume": 700,
        "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": 4.4,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 4.4,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 4.4,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 4.4,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 4.5,
        "volume": 1,
        "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": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 4.0,
        "volume": 4045,
        "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": 5.0,
        "volume": 3214,
        "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": 5.05,
        "volume": 1044,
        "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": 4.4,
        "volume": 535,
        "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": 4.4,
        "volume": 871,
        "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": 4.4,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 4.4,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4.1,
        "volume": 200,
        "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": 4.1,
        "volume": 160,
        "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": 5.0,
        "volume": 10,
        "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": 5.0,
        "volume": 890,
        "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": 4.5,
        "volume": 100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 4.5,
        "volume": 50,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 4.5,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 5.1,
        "volume": 77,
        "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": 5.1,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 5.1,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 4.9,
        "volume": 991,
        "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": 4.6,
        "volume": 341,
        "typical_volume": 424.15,
        "trend": 4.585,
        "fair_value": 4.703744,
        "relative_strength": -3.589325,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.505938,
        "energy": 38.961011,
        "activity_lines": [
          4.88,
          4.812727,
          4.707143,
          4.650323
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4.8,
        "volume": 101,
        "typical_volume": 268.5,
        "trend": 4.598333,
        "fair_value": 4.704932,
        "relative_strength": -1.827683,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.077153,
        "energy": 26.375009,
        "activity_lines": [
          4.826667,
          4.825455,
          4.720714,
          4.664194
        ]
      },
      {
        "date": "2025-02-21",
        "close": 4.8,
        "volume": 1025,
        "typical_volume": 267.55,
        "trend": 4.608333,
        "fair_value": 4.706091,
        "relative_strength": -1.613639,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.641908,
        "energy": 18.401124,
        "activity_lines": [
          4.793333,
          4.832727,
          4.735238,
          4.677204
        ]
      },
      {
        "date": "2025-02-28",
        "close": 4.8,
        "volume": 160,
        "typical_volume": 248.8,
        "trend": 4.618333,
        "fair_value": 4.707223,
        "relative_strength": -1.171615,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.8543,
        "energy": 20.052745,
        "activity_lines": [
          4.78,
          4.834545,
          4.750952,
          4.68957
        ]
      },
      {
        "date": "2025-03-07",
        "close": 4.7,
        "volume": 845,
        "typical_volume": 247.5,
        "trend": 4.625,
        "fair_value": 4.707137,
        "relative_strength": -3.396352,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.947491,
        "energy": 14.857002,
        "activity_lines": [
          4.753333,
          4.812727,
          4.755238,
          4.694839
        ]
      },
      {
        "date": "2025-03-14",
        "close": 4.7,
        "volume": 192,
        "typical_volume": 257.1,
        "trend": 4.631667,
        "fair_value": 4.707053,
        "relative_strength": -2.505256,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.250021,
        "energy": 13.783696,
        "activity_lines": [
          4.74,
          4.787273,
          4.758095,
          4.699677
        ]
      },
      {
        "date": "2025-03-21",
        "close": 4.7,
        "volume": 70,
        "typical_volume": 260.6,
        "trend": 4.638333,
        "fair_value": 4.706971,
        "relative_strength": -2.669199,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.540143,
        "energy": 9.761475,
        "activity_lines": [
          4.72,
          4.758182,
          4.759524,
          4.704086
        ]
      },
      {
        "date": "2025-03-28",
        "close": 4.7,
        "volume": 0,
        "typical_volume": 250.6,
        "trend": 4.645,
        "fair_value": 4.706891,
        "relative_strength": -1.137082,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.124649,
        "energy": 9.74644,
        "activity_lines": [
          4.706667,
          4.736364,
          4.759524,
          4.708065
        ]
      },
      {
        "date": "2025-04-04",
        "close": 4.7,
        "volume": 2,
        "typical_volume": 242.7,
        "trend": 4.651667,
        "fair_value": 4.706812,
        "relative_strength": 7.401475,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.231954,
        "energy": 9.418789,
        "activity_lines": [
          4.7,
          4.721818,
          4.756667,
          4.711613
        ]
      },
      {
        "date": "2025-04-11",
        "close": 4.7,
        "volume": 0,
        "typical_volume": 242.2,
        "trend": 4.658333,
        "fair_value": 4.706736,
        "relative_strength": 9.75487,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.797368,
        "energy": 9.350426,
        "activity_lines": [
          4.7,
          4.714545,
          4.750952,
          4.714731
        ]
      },
      {
        "date": "2025-04-18",
        "close": 4.7,
        "volume": 0,
        "typical_volume": 197.7,
        "trend": 4.681667,
        "fair_value": 4.706661,
        "relative_strength": 6.867921,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 12.296922,
        "energy": 8.171608,
        "activity_lines": [
          4.7,
          4.710909,
          4.746667,
          4.717419
        ]
      },
      {
        "date": "2025-04-25",
        "close": 4.7,
        "volume": 0,
        "typical_volume": 192.7,
        "trend": 4.671667,
        "fair_value": 4.706588,
        "relative_strength": 3.217825,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.522663,
        "energy": 7.375139,
        "activity_lines": [
          4.7,
          4.705455,
          4.74381,
          4.718602
        ]
      },
      {
        "date": "2025-05-02",
        "close": 4.7,
        "volume": 0,
        "typical_volume": 192.7,
        "trend": 4.66,
        "fair_value": 4.706516,
        "relative_strength": 0.101332,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 13.153152,
        "energy": 8.825405,
        "activity_lines": [
          4.7,
          4.701818,
          4.74,
          4.72043
        ]
      },
      {
        "date": "2025-05-09",
        "close": 4.6,
        "volume": 655,
        "typical_volume": 222.95,
        "trend": 4.666667,
        "fair_value": 4.705371,
        "relative_strength": -1.72166,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.316434,
        "energy": 23.943626,
        "activity_lines": [
          4.666667,
          4.681818,
          4.725714,
          4.716559
        ]
      },
      {
        "date": "2025-05-16",
        "close": 4.6,
        "volume": 10,
        "typical_volume": 223.45,
        "trend": 4.673333,
        "fair_value": 4.70425,
        "relative_strength": -3.526847,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.972361,
        "energy": 39.880078,
        "activity_lines": [
          4.64,
          4.665455,
          4.710952,
          4.712258
        ]
      },
      {
        "date": "2025-05-23",
        "close": 4.24,
        "volume": 2,
        "typical_volume": 223.55,
        "trend": 4.668,
        "fair_value": 4.699363,
        "relative_strength": -9.232464,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -65.436326,
        "energy": 80.454412,
        "activity_lines": [
          4.5,
          4.585455,
          4.661429,
          4.684301
        ]
      },
      {
        "date": "2025-05-30",
        "close": 5.6,
        "volume": 13281,
        "typical_volume": 883.75,
        "trend": 4.708,
        "fair_value": 4.708745,
        "relative_strength": 19.101555,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.183369,
        "energy": 45.388767,
        "activity_lines": [
          4.844,
          4.761091,
          4.742667,
          4.74443
        ]
      },
      {
        "date": "2025-06-06",
        "close": 6.6,
        "volume": 9000,
        "typical_volume": 1333.75,
        "trend": 4.791333,
        "fair_value": 4.728242,
        "relative_strength": 38.121701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.071757,
        "energy": 95.873178,
        "activity_lines": [
          5.461333,
          5.102182,
          4.916762,
          4.866495
        ]
      },
      {
        "date": "2025-06-13",
        "close": 5.35,
        "volume": 7029,
        "typical_volume": 1685.2,
        "trend": 4.833,
        "fair_value": 4.734587,
        "relative_strength": 13.322634,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.869234,
        "energy": 80.519228,
        "activity_lines": [
          5.535333,
          5.181455,
          4.964667,
          4.902538
        ]
      },
      {
        "date": "2025-06-20",
        "close": 5.55,
        "volume": 3768,
        "typical_volume": 1824.05,
        "trend": 4.851333,
        "fair_value": 4.742823,
        "relative_strength": 18.457973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.818224,
        "energy": 68.093649,
        "activity_lines": [
          5.626,
          5.285273,
          5.030429,
          4.948796
        ]
      },
      {
        "date": "2025-06-27",
        "close": 4.7,
        "volume": 8888,
        "typical_volume": 2251.4,
        "trend": 4.841333,
        "fair_value": 4.742395,
        "relative_strength": -1.083307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.001102,
        "energy": 60.51753,
        "activity_lines": [
          5.37,
          5.219091,
          5.012143,
          4.939032
        ]
      },
      {
        "date": "2025-07-04",
        "close": 4.7,
        "volume": 4676,
        "typical_volume": 2480.15,
        "trend": 4.848,
        "fair_value": 4.741975,
        "relative_strength": -1.259064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 19.299582,
        "energy": 14.667205,
        "activity_lines": [
          5.083333,
          5.152909,
          4.993381,
          4.929914
        ]
      },
      {
        "date": "2025-07-11",
        "close": 4.52,
        "volume": 4982,
        "typical_volume": 2678.0,
        "trend": 4.848667,
        "fair_value": 4.739799,
        "relative_strength": -6.67631,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.46462,
        "energy": 23.584994,
        "activity_lines": [
          4.796667,
          5.054,
          4.957952,
          4.908753
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4.5,
        "volume": 6503,
        "typical_volume": 2995.15,
        "trend": 4.848667,
        "fair_value": 4.737471,
        "relative_strength": -6.985383,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.911933,
        "energy": 30.905188,
        "activity_lines": [
          4.642,
          4.954727,
          4.921952,
          4.886258
        ]
      },
      {
        "date": "2025-07-25",
        "close": 4.2,
        "volume": 1655,
        "typical_volume": 3035.65,
        "trend": 4.838667,
        "fair_value": 4.732303,
        "relative_strength": -13.149532,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.282156,
        "energy": 39.14727,
        "activity_lines": [
          4.444,
          4.802727,
          4.85881,
          4.844409
        ]
      },
      {
        "date": "2025-08-01",
        "close": 4.68,
        "volume": 2228,
        "typical_volume": 3137.45,
        "trend": 4.844667,
        "fair_value": 4.731805,
        "relative_strength": 0.4762,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.976837,
        "energy": 44.073365,
        "activity_lines": [
          4.496,
          4.745273,
          4.843762,
          4.834172
        ]
      },
      {
        "date": "2025-08-08",
        "close": 4.9,
        "volume": 10048,
        "typical_volume": 3636.35,
        "trend": 4.838,
        "fair_value": 4.733392,
        "relative_strength": 2.480962,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -19.712426,
        "energy": 18.15036,
        "activity_lines": [
          4.622667,
          4.719818,
          4.849762,
          4.837742
        ]
      },
      {
        "date": "2025-08-15",
        "close": 4.8,
        "volume": 4201,
        "typical_volume": 3846.4,
        "trend": 4.828,
        "fair_value": 4.734014,
        "relative_strength": -1.902109,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.787068,
        "energy": 6.012115,
        "activity_lines": [
          4.702667,
          4.688909,
          4.845286,
          4.83529
        ]
      },
      {
        "date": "2025-08-22",
        "close": 5.15,
        "volume": 2700,
        "typical_volume": 3981.3,
        "trend": 4.829667,
        "fair_value": 4.737866,
        "relative_strength": 4.470059,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.282651,
        "energy": 12.993658,
        "activity_lines": [
          4.880667,
          4.754364,
          4.873667,
          4.856065
        ]
      },
      {
        "date": "2025-08-29",
        "close": 5.35,
        "volume": 4090,
        "typical_volume": 4185.8,
        "trend": 4.844667,
        "fair_value": 4.743482,
        "relative_strength": 11.906967,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.523323,
        "energy": 29.249862,
        "activity_lines": [
          5.082,
          4.859818,
          4.918952,
          4.889634
        ]
      },
      {
        "date": "2025-09-05",
        "close": 6.1,
        "volume": 4080,
        "typical_volume": 4389.8,
        "trend": 4.894667,
        "fair_value": 4.755814,
        "relative_strength": 27.357695,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 77.978786,
        "energy": 66.023748,
        "activity_lines": [
          5.456667,
          5.105273,
          5.032571,
          4.970624
        ]
      },
      {
        "date": "2025-09-12",
        "close": 6.0,
        "volume": 2115,
        "typical_volume": 4495.55,
        "trend": 4.934667,
        "fair_value": 4.767023,
        "relative_strength": 22.243619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.550681,
        "energy": 78.561315,
        "activity_lines": [
          5.703333,
          5.307091,
          5.13,
          5.041935
        ]
      },
      {
        "date": "2025-09-19",
        "close": 5.15,
        "volume": 3388,
        "typical_volume": 4664.95,
        "trend": 4.946333,
        "fair_value": 4.770442,
        "relative_strength": 4.156027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.244745,
        "energy": 65.066512,
        "activity_lines": [
          5.593333,
          5.330727,
          5.140286,
          5.055828
        ]
      },
      {
        "date": "2025-09-26",
        "close": 4.8,
        "volume": 3081,
        "typical_volume": 4786.25,
        "trend": 4.946333,
        "fair_value": 4.770704,
        "relative_strength": -3.039023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.691143,
        "energy": 39.746322,
        "activity_lines": [
          5.343333,
          5.279273,
          5.115095,
          5.046387
        ]
      },
      {
        "date": "2025-10-03",
        "close": 4.76,
        "volume": 3864,
        "typical_volume": 4978.95,
        "trend": 4.948333,
        "fair_value": 4.77061,
        "relative_strength": -6.124343,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 19.356192,
        "energy": 11.348355,
        "activity_lines": [
          5.103333,
          5.215091,
          5.085143,
          5.034366
        ]
      },
      {
        "date": "2025-10-10",
        "close": 4.56,
        "volume": 1776,
        "typical_volume": 5067.65,
        "trend": 4.943667,
        "fair_value": 4.768778,
        "relative_strength": -8.197919,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -11.976768,
        "energy": 22.46777,
        "activity_lines": [
          4.836,
          5.104364,
          5.035381,
          5.009312
        ]
      },
      {
        "date": "2025-10-17",
        "close": 4.54,
        "volume": 2812,
        "typical_volume": 4544.2,
        "trend": 4.938333,
        "fair_value": 4.766806,
        "relative_strength": -11.40401,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.120053,
        "energy": 28.146954,
        "activity_lines": [
          4.664667,
          4.992182,
          4.98219,
          4.983269
        ]
      },
      {
        "date": "2025-10-24",
        "close": 4.5,
        "volume": 2829,
        "typical_volume": 4235.65,
        "trend": 4.931667,
        "fair_value": 4.764526,
        "relative_strength": -12.627002,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.535286,
        "energy": 37.124955,
        "activity_lines": [
          4.577333,
          4.879273,
          4.930238,
          4.954989
        ]
      },
      {
        "date": "2025-10-31",
        "close": 4.0,
        "volume": 2125,
        "typical_volume": 3990.45,
        "trend": 4.908333,
        "fair_value": 4.758047,
        "relative_strength": -21.08961,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.459106,
        "energy": 68.86196,
        "activity_lines": [
          4.366667,
          4.680909,
          4.840667,
          4.894882
        ]
      },
      {
        "date": "2025-11-07",
        "close": 4.18,
        "volume": 2783,
        "typical_volume": 3941.2,
        "trend": 4.891,
        "fair_value": 4.753189,
        "relative_strength": -15.680635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.564834,
        "energy": 71.507474,
        "activity_lines": [
          4.269333,
          4.536182,
          4.774667,
          4.847892
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4.7,
        "volume": 2473,
        "typical_volume": 3620.45,
        "trend": 4.891,
        "fair_value": 4.752746,
        "relative_strength": -7.775141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.279948,
        "energy": 58.103593,
        "activity_lines": [
          4.384,
          4.507273,
          4.764714,
          4.83557
        ]
      },
      {
        "date": "2025-11-21",
        "close": 5.0,
        "volume": 11746,
        "typical_volume": 3973.95,
        "trend": 4.901,
        "fair_value": 4.754789,
        "relative_strength": 0.610159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.145375,
        "energy": 25.306138,
        "activity_lines": [
          4.589333,
          4.558364,
          4.783333,
          4.842602
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5.0,
        "volume": 2333,
        "typical_volume": 3841.5,
        "trend": 4.911,
        "fair_value": 4.756799,
        "relative_strength": -0.89348,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.593811,
        "energy": 16.378576,
        "activity_lines": [
          4.764,
          4.627636,
          4.800524,
          4.848989
        ]
      },
      {
        "date": "2025-12-05",
        "close": 5.05,
        "volume": 3164,
        "typical_volume": 3674.55,
        "trend": 4.926,
        "fair_value": 4.759183,
        "relative_strength": 0.14499,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.915923,
        "energy": 22.748759,
        "activity_lines": [
          4.922,
          4.708727,
          4.82019,
          4.857957
        ]
      },
      {
        "date": "2025-12-12",
        "close": 5.05,
        "volume": 1909,
        "typical_volume": 3687.25,
        "trend": 4.941,
        "fair_value": 4.761528,
        "relative_strength": 0.659606,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.523244,
        "energy": 24.184618,
        "activity_lines": [
          5.01,
          4.785273,
          4.837238,
          4.865957
        ]
      },
      {
        "date": "2025-12-19",
        "close": 4.82,
        "volume": 3341,
        "typical_volume": 3742.9,
        "trend": 4.960333,
        "fair_value": 4.761996,
        "relative_strength": -4.819992,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 5.879962,
        "energy": 20.69222,
        "activity_lines": [
          4.963333,
          4.814727,
          4.828333,
          4.858151
        ]
      },
      {
        "date": "2025-12-26",
        "close": 4.64,
        "volume": 1510,
        "typical_volume": 3316.0,
        "trend": 4.928333,
        "fair_value": 4.761028,
        "relative_strength": -7.721964,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -22.670967,
        "energy": 15.45588,
        "activity_lines": [
          4.848667,
          4.806727,
          4.801619,
          4.837484
        ]
      },
      {
        "date": "2026-01-02",
        "close": 4.64,
        "volume": 741,
        "typical_volume": 3143.0,
        "trend": 4.863,
        "fair_value": 4.760075,
        "relative_strength": -8.60711,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.595244,
        "energy": 19.562212,
        "activity_lines": [
          4.758,
          4.796909,
          4.776143,
          4.818882
        ]
      },
      {
        "date": "2026-01-09",
        "close": 4.68,
        "volume": 1868,
        "typical_volume": 3101.4,
        "trend": 4.840667,
        "fair_value": 4.759449,
        "relative_strength": -9.302313,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -37.995295,
        "energy": 27.745559,
        "activity_lines": [
          4.704667,
          4.791818,
          4.755238,
          4.807075
        ]
      },
      {
        "date": "2026-01-16",
        "close": 4.68,
        "volume": 2588,
        "typical_volume": 3026.3,
        "trend": 4.811667,
        "fair_value": 4.758833,
        "relative_strength": -7.897323,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -39.395508,
        "energy": 33.865889,
        "activity_lines": [
          4.676,
          4.774364,
          4.736571,
          4.79671
        ]
      },
      {
        "date": "2026-01-23",
        "close": 4.62,
        "volume": 820,
        "typical_volume": 2863.3,
        "trend": 4.809,
        "fair_value": 4.757765,
        "relative_strength": -7.564657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.488796,
        "energy": 46.951579,
        "activity_lines": [
          4.652,
          4.736909,
          4.715381,
          4.784344
        ]
      },
      {
        "date": "2026-01-30",
        "close": 4.82,
        "volume": 13283,
        "typical_volume": 3421.7,
        "trend": 4.813,
        "fair_value": 4.75824,
        "relative_strength": -3.296733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.558283,
        "energy": 23.121129,
        "activity_lines": [
          4.708,
          4.737273,
          4.720286,
          4.785054
        ]
      },
      {
        "date": "2026-02-06",
        "close": 5.2,
        "volume": 14714,
        "typical_volume": 3988.0,
        "trend": 4.835667,
        "fair_value": 4.761587,
        "relative_strength": 2.304373,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.949058,
        "energy": 18.302194,
        "activity_lines": [
          4.878667,
          4.81,
          4.767,
          4.810022
        ]
      },
      {
        "date": "2026-02-13",
        "close": 4.84,
        "volume": 2288,
        "typical_volume": 3948.35,
        "trend": 4.847,
        "fair_value": 4.762177,
        "relative_strength": -5.198806,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.88855,
        "energy": 14.938961,
        "activity_lines": [
          4.892,
          4.813636,
          4.77919,
          4.810301
        ]
      },
      {
        "date": "2026-02-20",
        "close": 4.76,
        "volume": 1181,
        "typical_volume": 3814.2,
        "trend": 4.865667,
        "fair_value": 4.76216,
        "relative_strength": -8.912026,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.461896,
        "energy": 17.227721,
        "activity_lines": [
          4.868,
          4.806545,
          4.783571,
          4.804688
        ]
      },
      {
        "date": "2026-02-27",
        "close": 4.46,
        "volume": 1183,
        "typical_volume": 3784.55,
        "trend": 4.858333,
        "fair_value": 4.759922,
        "relative_strength": -15.110493,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.791927,
        "energy": 24.713436,
        "activity_lines": [
          4.738667,
          4.750182,
          4.759381,
          4.778516
        ]
      },
      {
        "date": "2026-03-06",
        "close": 4.44,
        "volume": 184,
        "typical_volume": 3653.15,
        "trend": 4.843,
        "fair_value": 4.75757,
        "relative_strength": -9.21607,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -65.409522,
        "energy": 48.784664,
        "activity_lines": [
          4.613333,
          4.696727,
          4.733762,
          4.751527
        ]
      },
      {
        "date": "2026-03-13",
        "close": 4.5,
        "volume": 600,
        "typical_volume": 3541.7,
        "trend": 4.833,
        "fair_value": 4.75569,
        "relative_strength": -6.987416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.631845,
        "energy": 58.499266,
        "activity_lines": [
          4.533333,
          4.657818,
          4.714333,
          4.729398
        ]
      },
      {
        "date": "2026-03-20",
        "close": 4.36,
        "volume": 679,
        "typical_volume": 3469.4,
        "trend": 4.806667,
        "fair_value": 4.752822,
        "relative_strength": -6.944548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.574383,
        "energy": 71.921197,
        "activity_lines": [
          4.453333,
          4.596,
          4.681571,
          4.698882
        ]
      },
      {
        "date": "2026-03-27",
        "close": 4.38,
        "volume": 396,
        "typical_volume": 3350.05,
        "trend": 4.774333,
        "fair_value": 4.75014,
        "relative_strength": -6.885282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.780005,
        "energy": 72.846937,
        "activity_lines": [
          4.412,
          4.543636,
          4.649,
          4.671355
        ]
      },
      {
        "date": "2026-04-03",
        "close": 4.36,
        "volume": 1142,
        "typical_volume": 3283.5,
        "trend": 4.716333,
        "fair_value": 4.747354,
        "relative_strength": -10.063343,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.051183,
        "energy": 68.707443,
        "activity_lines": [
          4.389333,
          4.493091,
          4.613571,
          4.644624
        ]
      },
      {
        "date": "2026-04-10",
        "close": 4.38,
        "volume": 1062,
        "typical_volume": 2749.3,
        "trend": 4.662333,
        "fair_value": 4.744748,
        "relative_strength": -12.539341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.522256,
        "energy": 62.411479,
        "activity_lines": [
          4.38,
          4.450909,
          4.581667,
          4.622925
        ]
      },
      {
        "date": "2026-04-17",
        "close": 4.3,
        "volume": 3774,
        "typical_volume": 2821.35,
        "trend": 4.634,
        "fair_value": 4.741616,
        "relative_strength": -15.46258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.184621,
        "energy": 49.937185,
        "activity_lines": [
          4.348,
          4.402182,
          4.545095,
          4.599548
        ]
      },
      {
        "date": "2026-04-24",
        "close": 4.5,
        "volume": 3865,
        "typical_volume": 2856.4,
        "trend": 4.624,
        "fair_value": 4.739927,
        "relative_strength": -8.421573,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.774328,
        "energy": 34.804099,
        "activity_lines": [
          4.396,
          4.406182,
          4.530905,
          4.590903
        ]
      },
      {
        "date": "2026-05-01",
        "close": 4.48,
        "volume": 2557,
        "typical_volume": 2888.8,
        "trend": 4.614667,
        "fair_value": 4.738122,
        "relative_strength": -8.191001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.684007,
        "energy": 27.729601,
        "activity_lines": [
          4.428,
          4.412727,
          4.517429,
          4.581613
        ]
      },
      {
        "date": "2026-05-08",
        "close": 4.2,
        "volume": 1415,
        "typical_volume": 2792.5,
        "trend": 4.602667,
        "fair_value": 4.73441,
        "relative_strength": -13.694351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.867252,
        "energy": 42.027685,
        "activity_lines": [
          4.36,
          4.373455,
          4.48,
          4.55486
        ]
      },
      {
        "date": "2026-05-15",
        "close": 4.22,
        "volume": 2119,
        "typical_volume": 2822.95,
        "trend": 4.592,
        "fair_value": 4.730887,
        "relative_strength": -11.38901,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.931368,
        "energy": 42.935657,
        "activity_lines": [
          4.309333,
          4.342545,
          4.447429,
          4.530172
        ]
      },
      {
        "date": "2026-05-22",
        "close": 4.96,
        "volume": 23410,
        "typical_volume": 3956.4,
        "trend": 4.607333,
        "fair_value": 4.732446,
        "relative_strength": 1.849151,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -5.626306,
        "energy": 7.852009,
        "activity_lines": [
          4.516,
          4.450182,
          4.487333,
          4.553914
        ]
      },
      {
        "date": "2026-05-29",
        "close": 4.52,
        "volume": 6035,
        "typical_volume": 4164.75,
        "trend": 4.624667,
        "fair_value": 4.73101,
        "relative_strength": -7.448024,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.105005,
        "energy": 14.919504,
        "activity_lines": [
          4.532,
          4.469455,
          4.48381,
          4.54828
        ]
      },
      {
        "date": "2026-06-05",
        "close": 4.44,
        "volume": 2926,
        "typical_volume": 4181.65,
        "trend": 4.633333,
        "fair_value": 4.729057,
        "relative_strength": -8.572555,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.9821,
        "energy": 18.294857,
        "activity_lines": [
          4.52,
          4.471273,
          4.473429,
          4.536366
        ]
      },
      {
        "date": "2026-06-12",
        "close": 4.42,
        "volume": 654,
        "typical_volume": 4173.35,
        "trend": 4.624,
        "fair_value": 4.726997,
        "relative_strength": -9.940739,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.944458,
        "energy": 17.353778,
        "activity_lines": [
          4.504,
          4.468364,
          4.462286,
          4.522602
        ]
      },
      {
        "date": "2026-06-19",
        "close": 4.28,
        "volume": 549,
        "typical_volume": 3536.65,
        "trend": 4.6,
        "fair_value": 4.724036,
        "relative_strength": -12.885278,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.337805,
        "energy": 23.165062,
        "activity_lines": [
          4.426667,
          4.438909,
          4.438762,
          4.500409
        ]
      },
      {
        "date": "2026-06-26",
        "close": 4.04,
        "volume": 40,
        "typical_volume": 2802.95,
        "trend": 4.568,
        "fair_value": 4.719536,
        "relative_strength": -17.061202,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.523564,
        "energy": 52.145633,
        "activity_lines": [
          4.265333,
          4.367636,
          4.394952,
          4.46428
        ]
      },
      {
        "date": "2026-07-03",
        "close": 4.0,
        "volume": 1086,
        "typical_volume": 2742.85,
        "trend": 4.533,
        "fair_value": 4.714833,
        "relative_strength": -18.693199,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.567907,
        "energy": 63.790103,
        "activity_lines": [
          4.152,
          4.293818,
          4.352857,
          4.427634
        ]
      },
      {
        "date": "2026-07-10",
        "close": 4.32,
        "volume": 10707,
        "typical_volume": 3219.15,
        "trend": 4.508667,
        "fair_value": 4.712269,
        "relative_strength": -10.231034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.138787,
        "energy": 51.434637,
        "activity_lines": [
          4.18,
          4.287273,
          4.345238,
          4.413892
        ]
      },
      {
        "date": "2026-07-17",
        "close": 4.4,
        "volume": 5032,
        "typical_volume": 3411.6,
        "trend": 4.494667,
        "fair_value": 4.710255,
        "relative_strength": -8.421634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.955935,
        "energy": 39.660712,
        "activity_lines": [
          4.242667,
          4.298182,
          4.347333,
          4.406882
        ]
      },
      {
        "date": "2026-07-24",
        "close": 4.32,
        "volume": 4683,
        "typical_volume": 3636.55,
        "trend": 4.484,
        "fair_value": 4.707753,
        "relative_strength": -10.386042,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.18902,
        "energy": 23.154626,
        "activity_lines": [
          4.28,
          4.290909,
          4.342095,
          4.395613
        ]
      },
      {
        "date": "2026-07-31",
        "close": 4.46,
        "volume": 9504,
        "typical_volume": 4081.75,
        "trend": 4.478,
        "fair_value": 4.704292,
        "relative_strength": -8.682269,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.858135,
        "energy": 14.515439,
        "activity_lines": [
          4.361333,
          4.307273,
          4.350762,
          4.394065
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4.4,
        "volume": 5412,
        "typical_volume": 4318.4,
        "trend": 4.468667,
        "fair_value": 4.700446,
        "relative_strength": -11.654164,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.578204,
        "energy": 15.109681,
        "activity_lines": [
          4.394667,
          4.321818,
          4.353905,
          4.389032
        ]
      }
    ],
    "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."
    }
  }
}