{
  "ticker": {
    "uuid": "a6c24a24-b60a-4b03-acd2-395339224772",
    "symbol": "ALEAC",
    "name": "EdiliziAcrobatica S.p.A.",
    "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": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -57.064,
    "architecture_energy": 64.068,
    "architecture_maturity": 100.0,
    "architecture_confidence": 65.192,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 21.21,
        "rotation_up": 30.0,
        "upward_expansion": 12.0,
        "deceleration": 60.75,
        "rotation_down": 44.97,
        "downward_expansion": 65.5
      },
      "activity_lines": [
        2.9,
        2.9,
        3.045238,
        3.316559
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 2.9,
    "trend_reference": 3.733667,
    "distance_from_trend": -0.223284,
    "trend_direction": "Weakening",
    "fair_value": 7.817029,
    "distance_from_fair_value": -0.629015,
    "fair_value_direction": "Weakening",
    "relative_strength": -37.181878,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.382979,
    "excess_performance": -0.43629,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.223284,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.12792,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.629015,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.042718,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.371819,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.09799,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.382979,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.0,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 0.0,
      "dry_up": 0.0,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.026525,
      "annualized_volatility": 0.297739,
      "from_high_reference": -0.510135,
      "from_low_reference": 0.0
    },
    "levels": {
      "trend_reference": 3.733667,
      "fair_value_reference": 7.817029,
      "structural_low": 2.9,
      "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": 41,
        "median_return": -0.026667,
        "positive_rate": 0.243902,
        "directional_follow_through": 0.658537,
        "median_excess_return": -0.044689,
        "regime_survival": 0.926829,
        "best_return": 0.177829,
        "worst_return": -0.162791,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": -0.105263,
        "positive_rate": 0.230769,
        "directional_follow_through": 0.692308,
        "median_excess_return": -0.14867,
        "regime_survival": 0.846154,
        "best_return": 0.147117,
        "worst_return": -0.284706,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.17931,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.159792,
        "regime_survival": 0.857143,
        "best_return": 0.092105,
        "worst_return": -0.386891,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.25,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.294882,
        "regime_survival": 0.666667,
        "best_return": 0.182742,
        "worst_return": -0.496828,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2021-11-12",
        "end": "2022-01-28",
        "tenure": "Developing",
        "return": -0.071823,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2022-02-04",
        "end": "2022-02-18",
        "tenure": "New",
        "return": 0.003333,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2022-02-25",
        "end": "2022-04-15",
        "tenure": "Developing",
        "return": 0.244755,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2022-04-22",
        "end": "2022-06-24",
        "tenure": "Developing",
        "return": -0.138638,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2022-07-01",
        "end": "2022-08-26",
        "tenure": "Developing",
        "return": 0.078014,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2022-09-02",
        "end": "2023-01-06",
        "tenure": "Established",
        "return": 0.067568,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-01-13",
        "end": "2023-05-19",
        "tenure": "Established",
        "return": 0.104554,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-05-26",
        "end": "2023-07-21",
        "tenure": "Developing",
        "return": 0.080745,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-07-28",
        "end": "2023-09-08",
        "tenure": "Developing",
        "return": -0.050279,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-09-15",
        "end": "2023-09-22",
        "tenure": "New",
        "return": -0.041667,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-09-29",
        "end": "2023-10-06",
        "tenure": "New",
        "return": -0.064286,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-10-13",
        "end": "2026-02-06",
        "tenure": "Extended",
        "return": -0.67154,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-13",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.16,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-20",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.294404,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 16.924341,
        "volume": 1993,
        "typical_volume": 3376.65,
        "trend": 16.186876,
        "fair_value": 12.345047,
        "relative_strength": 6.519489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.513971,
        "energy": 70.281023,
        "activity_lines": [
          17.273026,
          17.004187,
          16.685609,
          16.545377
        ]
      },
      {
        "date": "2023-08-25",
        "close": 16.875,
        "volume": 604,
        "typical_volume": 3141.05,
        "trend": 16.264166,
        "fair_value": 12.419723,
        "relative_strength": 5.140817,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.487999,
        "energy": 42.233193,
        "activity_lines": [
          17.125,
          17.042763,
          16.703666,
          16.589772
        ]
      },
      {
        "date": "2023-09-01",
        "close": 17.171053,
        "volume": 1666,
        "typical_volume": 3009.75,
        "trend": 16.351324,
        "fair_value": 12.495872,
        "relative_strength": 5.857166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.12357,
        "energy": 32.835377,
        "activity_lines": [
          17.095395,
          17.113636,
          16.752616,
          16.648281
        ]
      },
      {
        "date": "2023-09-08",
        "close": 16.776316,
        "volume": 1724,
        "typical_volume": 2965.35,
        "trend": 16.440583,
        "fair_value": 12.571053,
        "relative_strength": 4.087909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.301798,
        "energy": 20.153038,
        "activity_lines": [
          16.967105,
          17.082237,
          16.766172,
          16.6757
        ]
      },
      {
        "date": "2023-09-15",
        "close": 16.578947,
        "volume": 1802,
        "typical_volume": 2806.55,
        "trend": 16.495798,
        "fair_value": 12.644411,
        "relative_strength": 0.976317,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.737922,
        "energy": 17.945576,
        "activity_lines": [
          16.8125,
          16.998804,
          16.764098,
          16.684626
        ]
      },
      {
        "date": "2023-09-22",
        "close": 15.888158,
        "volume": 5646,
        "typical_volume": 2887.0,
        "trend": 16.518832,
        "fair_value": 12.713898,
        "relative_strength": -0.48876,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.601073,
        "energy": 20.047762,
        "activity_lines": [
          16.486842,
          16.779007,
          16.697603,
          16.645424
        ]
      },
      {
        "date": "2023-09-29",
        "close": 13.815789,
        "volume": 21910,
        "typical_volume": 3816.85,
        "trend": 16.463632,
        "fair_value": 12.771775,
        "relative_strength": -12.490569,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -59.370052,
        "energy": 61.646145,
        "activity_lines": [
          15.539474,
          16.202153,
          16.43703,
          16.471034
        ]
      },
      {
        "date": "2023-10-06",
        "close": 12.927631,
        "volume": 7697,
        "typical_volume": 4045.3,
        "trend": 16.381268,
        "fair_value": 12.823513,
        "relative_strength": -16.788571,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -90.728107,
        "energy": 91.740783,
        "activity_lines": [
          14.5,
          15.52482,
          16.105968,
          16.242905
        ]
      },
      {
        "date": "2023-10-13",
        "close": 14.309211,
        "volume": 4553,
        "typical_volume": 4074.2,
        "trend": 16.345567,
        "fair_value": 12.886115,
        "relative_strength": -6.841845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.147901,
        "energy": 85.21005,
        "activity_lines": [
          14.203947,
          15.184809,
          15.922932,
          16.109224
        ]
      },
      {
        "date": "2023-10-20",
        "close": 12.236841,
        "volume": 9256,
        "typical_volume": 4467.0,
        "trend": 16.222477,
        "fair_value": 12.935544,
        "relative_strength": -17.776525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.025801,
        "energy": 95.92944,
        "activity_lines": [
          13.381579,
          14.523624,
          15.550047,
          15.844145
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.842105,
        "volume": 4074,
        "typical_volume": 4627.85,
        "trend": 16.070971,
        "fair_value": 12.984117,
        "relative_strength": -19.847022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.164164,
        "energy": 94.48154,
        "activity_lines": [
          12.717105,
          13.885765,
          15.157895,
          15.56154
        ]
      },
      {
        "date": "2023-11-03",
        "close": 12.828947,
        "volume": 2399,
        "typical_volume": 4631.45,
        "trend": 15.917221,
        "fair_value": 13.03896,
        "relative_strength": -15.983294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.443748,
        "energy": 84.848621,
        "activity_lines": [
          12.651315,
          13.519737,
          14.879464,
          15.352377
        ]
      },
      {
        "date": "2023-11-10",
        "close": 12.532894,
        "volume": 1857,
        "typical_volume": 4636.25,
        "trend": 15.747214,
        "fair_value": 13.091905,
        "relative_strength": -17.620899,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.850114,
        "energy": 80.774488,
        "activity_lines": [
          12.552631,
          13.173445,
          14.586466,
          15.134033
        ]
      },
      {
        "date": "2023-11-17",
        "close": 13.026316,
        "volume": 2142,
        "typical_volume": 4692.65,
        "trend": 15.600044,
        "fair_value": 13.146395,
        "relative_strength": -16.353407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.87142,
        "energy": 62.935568,
        "activity_lines": [
          12.644737,
          13.001196,
          14.354558,
          14.958492
        ]
      },
      {
        "date": "2023-11-24",
        "close": 13.174342,
        "volume": 2284,
        "typical_volume": 4736.0,
        "trend": 15.476974,
        "fair_value": 13.201276,
        "relative_strength": -15.865144,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.989293,
        "energy": 53.256223,
        "activity_lines": [
          12.87171,
          12.924043,
          14.150376,
          14.801995
        ]
      },
      {
        "date": "2023-12-01",
        "close": 13.569078,
        "volume": 3669,
        "typical_volume": 4398.95,
        "trend": 15.376645,
        "fair_value": 13.258799,
        "relative_strength": -13.743131,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.43158,
        "energy": 41.057295,
        "activity_lines": [
          13.167763,
          12.980562,
          13.99718,
          14.678905
        ]
      },
      {
        "date": "2023-12-08",
        "close": 13.371711,
        "volume": 2641,
        "typical_volume": 4092.85,
        "trend": 15.263158,
        "fair_value": 13.315057,
        "relative_strength": -16.8261,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.7622,
        "energy": 32.754029,
        "activity_lines": [
          13.282895,
          13.043361,
          13.8414,
          14.549554
        ]
      },
      {
        "date": "2023-12-15",
        "close": 13.371711,
        "volume": 2074,
        "typical_volume": 4141.5,
        "trend": 15.162829,
        "fair_value": 13.371315,
        "relative_strength": -17.227014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.450752,
        "energy": 27.9678,
        "activity_lines": [
          13.361842,
          13.114234,
          13.703712,
          14.427525
        ]
      },
      {
        "date": "2023-12-22",
        "close": 13.223683,
        "volume": 1630,
        "typical_volume": 4042.6,
        "trend": 15.074013,
        "fair_value": 13.42707,
        "relative_strength": -17.505012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.748948,
        "energy": 27.231145,
        "activity_lines": [
          13.335526,
          13.150119,
          13.572368,
          14.302419
        ]
      },
      {
        "date": "2023-12-29",
        "close": 13.667764,
        "volume": 2139,
        "typical_volume": 4088.0,
        "trend": 14.993421,
        "fair_value": 13.485114,
        "relative_strength": -14.115389,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.438471,
        "energy": 28.040565,
        "activity_lines": [
          13.444079,
          13.286483,
          13.503054,
          14.211693
        ]
      },
      {
        "date": "2024-01-05",
        "close": 13.125,
        "volume": 2874,
        "typical_volume": 4132.05,
        "trend": 14.898026,
        "fair_value": 13.539232,
        "relative_strength": -15.904312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.628788,
        "energy": 32.732029,
        "activity_lines": [
          13.338816,
          13.298146,
          13.400141,
          14.09115
        ]
      },
      {
        "date": "2024-01-12",
        "close": 13.125,
        "volume": 2029,
        "typical_volume": 4203.3,
        "trend": 14.8125,
        "fair_value": 13.593351,
        "relative_strength": -16.134014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.809261,
        "energy": 39.817136,
        "activity_lines": [
          13.263158,
          13.286483,
          13.315319,
          13.976761
        ]
      },
      {
        "date": "2024-01-19",
        "close": 12.532894,
        "volume": 3904,
        "typical_volume": 4315.2,
        "trend": 14.713816,
        "fair_value": 13.64412,
        "relative_strength": -18.647032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.849684,
        "energy": 71.771687,
        "activity_lines": [
          13.006579,
          13.161782,
          13.191964,
          13.82969
        ]
      },
      {
        "date": "2024-01-26",
        "close": 12.483552,
        "volume": 2909,
        "typical_volume": 4374.45,
        "trend": 14.600329,
        "fair_value": 13.694573,
        "relative_strength": -21.45312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.207851,
        "energy": 85.763803,
        "activity_lines": [
          12.789473,
          13.02811,
          13.085996,
          13.685802
        ]
      },
      {
        "date": "2024-02-02",
        "close": 12.779605,
        "volume": 1733,
        "typical_volume": 4371.0,
        "trend": 14.493421,
        "fair_value": 13.747481,
        "relative_strength": -18.900335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.781909,
        "energy": 83.69928,
        "activity_lines": [
          12.720394,
          12.958134,
          13.028665,
          13.568336
        ]
      },
      {
        "date": "2024-02-09",
        "close": 12.039474,
        "volume": 4071,
        "typical_volume": 4292.25,
        "trend": 14.328947,
        "fair_value": 13.792967,
        "relative_strength": -23.86492,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.622873,
        "energy": 92.270358,
        "activity_lines": [
          12.463816,
          12.760765,
          12.918938,
          13.410017
        ]
      },
      {
        "date": "2024-02-16",
        "close": 12.335526,
        "volume": 4852,
        "typical_volume": 3439.35,
        "trend": 14.167763,
        "fair_value": 13.839124,
        "relative_strength": -22.886738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.579191,
        "energy": 78.075813,
        "activity_lines": [
          12.378289,
          12.645036,
          12.855733,
          13.281409
        ]
      },
      {
        "date": "2024-02-23",
        "close": 12.384869,
        "volume": 7502,
        "typical_volume": 3429.6,
        "trend": 13.991776,
        "fair_value": 13.886155,
        "relative_strength": -24.110555,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.910332,
        "energy": 58.792325,
        "activity_lines": [
          12.361842,
          12.557117,
          12.804276,
          13.166384
        ]
      },
      {
        "date": "2024-03-01",
        "close": 12.582236,
        "volume": 1125,
        "typical_volume": 3258.2,
        "trend": 13.832237,
        "fair_value": 13.934674,
        "relative_strength": -22.2057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.093957,
        "energy": 55.857856,
        "activity_lines": [
          12.421052,
          12.523026,
          12.774201,
          13.075445
        ]
      },
      {
        "date": "2024-03-08",
        "close": 12.384869,
        "volume": 1000,
        "typical_volume": 2845.4,
        "trend": 13.662829,
        "fair_value": 13.980031,
        "relative_strength": -23.897591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.125367,
        "energy": 49.574236,
        "activity_lines": [
          12.407895,
          12.464713,
          12.733553,
          12.982067
        ]
      },
      {
        "date": "2024-03-15",
        "close": 12.335526,
        "volume": 5912,
        "typical_volume": 2937.3,
        "trend": 13.509868,
        "fair_value": 14.024625,
        "relative_strength": -24.961216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.821589,
        "energy": 42.982263,
        "activity_lines": [
          12.404605,
          12.420753,
          12.6875,
          12.896434
        ]
      },
      {
        "date": "2024-03-22",
        "close": 12.138158,
        "volume": 741,
        "typical_volume": 2854.4,
        "trend": 13.351974,
        "fair_value": 14.070074,
        "relative_strength": -25.492937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.779481,
        "energy": 45.747181,
        "activity_lines": [
          12.315789,
          12.355263,
          12.620301,
          12.807937
        ]
      },
      {
        "date": "2024-03-29",
        "close": 11.348684,
        "volume": 9045,
        "typical_volume": 3213.8,
        "trend": 13.157895,
        "fair_value": 14.109347,
        "relative_strength": -30.222338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.956229,
        "energy": 58.536988,
        "activity_lines": [
          11.976974,
          12.164175,
          12.481203,
          12.678693
        ]
      },
      {
        "date": "2024-04-05",
        "close": 11.200658,
        "volume": 2934,
        "typical_volume": 3253.4,
        "trend": 12.972039,
        "fair_value": 14.144323,
        "relative_strength": -29.216923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.912206,
        "energy": 76.665446,
        "activity_lines": [
          11.657895,
          11.967703,
          12.333647,
          12.552419
        ]
      },
      {
        "date": "2024-04-12",
        "close": 11.743421,
        "volume": 7786,
        "typical_volume": 3528.5,
        "trend": 12.810855,
        "fair_value": 14.183894,
        "relative_strength": -24.670555,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.210425,
        "energy": 66.562048,
        "activity_lines": [
          11.611842,
          11.893242,
          12.246475,
          12.473154
        ]
      },
      {
        "date": "2024-04-19",
        "close": 10.953948,
        "volume": 1924,
        "typical_volume": 3441.25,
        "trend": 12.646381,
        "fair_value": 14.216173,
        "relative_strength": -29.180763,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.557566,
        "energy": 79.589513,
        "activity_lines": [
          11.345395,
          11.694079,
          12.09093,
          12.353353
        ]
      },
      {
        "date": "2024-04-26",
        "close": 11.151316,
        "volume": 917,
        "typical_volume": 3355.05,
        "trend": 12.557566,
        "fair_value": 14.248601,
        "relative_strength": -27.863608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.103591,
        "energy": 68.749043,
        "activity_lines": [
          11.236842,
          11.550538,
          11.966635,
          12.256897
        ]
      },
      {
        "date": "2024-05-03",
        "close": 11.249999,
        "volume": 1443,
        "typical_volume": 3323.5,
        "trend": 12.501645,
        "fair_value": 14.277323,
        "relative_strength": -25.41731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.073583,
        "energy": 52.341113,
        "activity_lines": [
          11.226974,
          11.446471,
          11.862312,
          12.172538
        ]
      },
      {
        "date": "2024-05-10",
        "close": 11.249999,
        "volume": 74,
        "typical_volume": 3245.7,
        "trend": 12.399671,
        "fair_value": 14.30319,
        "relative_strength": -27.130114,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.36685,
        "energy": 58.058331,
        "activity_lines": [
          11.223684,
          11.363038,
          11.768092,
          12.091787
        ]
      },
      {
        "date": "2024-05-17",
        "close": 10.9,
        "volume": 2842,
        "typical_volume": 3280.85,
        "trend": 12.355109,
        "fair_value": 14.317791,
        "relative_strength": -28.325576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.717919,
        "energy": 54.222483,
        "activity_lines": [
          11.100438,
          11.240191,
          11.649937,
          11.995034
        ]
      },
      {
        "date": "2024-05-24",
        "close": 10.75,
        "volume": 2506,
        "typical_volume": 3262.45,
        "trend": 12.318706,
        "fair_value": 14.327891,
        "relative_strength": -28.052313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.092274,
        "energy": 54.848517,
        "activity_lines": [
          10.983421,
          11.117069,
          11.530677,
          11.891478
        ]
      },
      {
        "date": "2024-05-31",
        "close": 10.0,
        "volume": 2919,
        "typical_volume": 3306.95,
        "trend": 12.224408,
        "fair_value": 14.336609,
        "relative_strength": -31.531253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.724732,
        "energy": 75.290538,
        "activity_lines": [
          10.63,
          10.886411,
          11.351297,
          11.741884
        ]
      },
      {
        "date": "2024-06-07",
        "close": 10.05,
        "volume": 929,
        "typical_volume": 3158.2,
        "trend": 12.141645,
        "fair_value": 14.338225,
        "relative_strength": -30.563886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.201561,
        "energy": 79.132557,
        "activity_lines": [
          10.37,
          10.70372,
          11.19156,
          11.6016
        ]
      },
      {
        "date": "2024-06-14",
        "close": 9.7,
        "volume": 1065,
        "typical_volume": 3066.0,
        "trend": 12.030767,
        "fair_value": 14.325607,
        "relative_strength": -27.892311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.037742,
        "energy": 89.389328,
        "activity_lines": [
          10.073333,
          10.481005,
          11.010313,
          11.444075
        ]
      },
      {
        "date": "2024-06-21",
        "close": 9.4,
        "volume": 2222,
        "typical_volume": 3090.45,
        "trend": 11.904956,
        "fair_value": 14.311923,
        "relative_strength": -30.577175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.706088,
        "energy": 91.382153,
        "activity_lines": [
          9.78,
          10.231029,
          10.81375,
          11.274348
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8.86,
        "volume": 2334,
        "typical_volume": 3003.6,
        "trend": 11.747987,
        "fair_value": 14.29392,
        "relative_strength": -32.556981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.549953,
        "energy": 95.301479,
        "activity_lines": [
          9.406667,
          9.925478,
          10.581851,
          11.077899
        ]
      },
      {
        "date": "2024-07-05",
        "close": 8.4,
        "volume": 5594,
        "typical_volume": 3040.7,
        "trend": 11.582263,
        "fair_value": 14.272888,
        "relative_strength": -36.896153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.716497,
        "energy": 96.04992,
        "activity_lines": [
          9.006,
          9.574364,
          10.321284,
          10.8619
        ]
      },
      {
        "date": "2024-07-12",
        "close": 8.4,
        "volume": 3263,
        "typical_volume": 2828.75,
        "trend": 11.416539,
        "fair_value": 14.253584,
        "relative_strength": -36.438214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.581295,
        "energy": 94.389949,
        "activity_lines": [
          8.712,
          9.273273,
          10.079457,
          10.656592
        ]
      },
      {
        "date": "2024-07-19",
        "close": 9.94,
        "volume": 7041,
        "typical_volume": 3124.55,
        "trend": 11.307083,
        "fair_value": 14.244728,
        "relative_strength": -22.021977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.779425,
        "energy": 78.502674,
        "activity_lines": [
          9.041333,
          9.304,
          10.003272,
          10.561332
        ]
      },
      {
        "date": "2024-07-26",
        "close": 9.64,
        "volume": 3111,
        "typical_volume": 3230.1,
        "trend": 11.172824,
        "fair_value": 14.233661,
        "relative_strength": -23.263693,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.171778,
        "energy": 59.736465,
        "activity_lines": [
          9.254667,
          9.304,
          9.911098,
          10.453778
        ]
      },
      {
        "date": "2024-08-02",
        "close": 9.0,
        "volume": 6542,
        "typical_volume": 3261.6,
        "trend": 11.035324,
        "fair_value": 14.216187,
        "relative_strength": -24.750153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.498317,
        "energy": 49.245817,
        "activity_lines": [
          9.238667,
          9.210545,
          9.771042,
          10.313596
        ]
      },
      {
        "date": "2024-08-09",
        "close": 8.6,
        "volume": 5393,
        "typical_volume": 3494.2,
        "trend": 10.884491,
        "fair_value": 14.185493,
        "relative_strength": -27.256733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.327493,
        "energy": 44.825397,
        "activity_lines": [
          9.08,
          9.076182,
          9.608774,
          10.156478
        ]
      },
      {
        "date": "2024-08-16",
        "close": 8.5,
        "volume": 810,
        "typical_volume": 3082.45,
        "trend": 10.750061,
        "fair_value": 14.128815,
        "relative_strength": -28.811489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.191318,
        "energy": 57.864968,
        "activity_lines": [
          8.874667,
          8.949091,
          9.453831,
          10.00264
        ]
      },
      {
        "date": "2024-08-23",
        "close": 8.4,
        "volume": 486,
        "typical_volume": 2960.05,
        "trend": 10.613943,
        "fair_value": 14.068617,
        "relative_strength": -29.799041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.898557,
        "energy": 63.021192,
        "activity_lines": [
          8.629333,
          8.832,
          9.30293,
          9.851023
        ]
      },
      {
        "date": "2024-08-30",
        "close": 8.9,
        "volume": 1545,
        "typical_volume": 2648.0,
        "trend": 10.484623,
        "fair_value": 14.016807,
        "relative_strength": -25.062737,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.467283,
        "energy": 59.285978,
        "activity_lines": [
          8.653333,
          8.829455,
          9.212984,
          9.740446
        ]
      },
      {
        "date": "2024-09-06",
        "close": 8.8,
        "volume": 257,
        "typical_volume": 2564.65,
        "trend": 10.37664,
        "fair_value": 13.964932,
        "relative_strength": -22.017323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.735352,
        "energy": 52.4422,
        "activity_lines": [
          8.693333,
          8.817818,
          9.127054,
          9.631761
        ]
      },
      {
        "date": "2024-09-13",
        "close": 8.6,
        "volume": 307,
        "typical_volume": 2534.15,
        "trend": 10.252123,
        "fair_value": 13.909471,
        "relative_strength": -23.898799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.230067,
        "energy": 49.082156,
        "activity_lines": [
          8.68,
          8.770909,
          9.032333,
          9.517139
        ]
      },
      {
        "date": "2024-09-20",
        "close": 8.3,
        "volume": 3617,
        "typical_volume": 2642.85,
        "trend": 10.11596,
        "fair_value": 13.852087,
        "relative_strength": -25.855772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.108433,
        "energy": 48.648972,
        "activity_lines": [
          8.566667,
          8.665818,
          8.92119,
          9.391195
        ]
      },
      {
        "date": "2024-09-27",
        "close": 7.5,
        "volume": 10674,
        "typical_volume": 3172.85,
        "trend": 9.946553,
        "fair_value": 13.794182,
        "relative_strength": -34.689498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.645759,
        "energy": 61.316316,
        "activity_lines": [
          8.2,
          8.417091,
          8.747905,
          9.222424
        ]
      },
      {
        "date": "2024-10-04",
        "close": 7.2,
        "volume": 1752,
        "typical_volume": 3118.35,
        "trend": 9.773724,
        "fair_value": 13.729171,
        "relative_strength": -34.470556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.143152,
        "energy": 83.355784,
        "activity_lines": [
          7.793333,
          8.158182,
          8.563905,
          9.045227
        ]
      },
      {
        "date": "2024-10-11",
        "close": 7.2,
        "volume": 2731,
        "typical_volume": 3129.6,
        "trend": 9.602539,
        "fair_value": 13.663296,
        "relative_strength": -33.831845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.742738,
        "energy": 87.257488,
        "activity_lines": [
          7.5,
          7.943636,
          8.397524,
          8.87918
        ]
      },
      {
        "date": "2024-10-18",
        "close": 7.08,
        "volume": 848,
        "typical_volume": 3026.05,
        "trend": 9.433934,
        "fair_value": 13.603275,
        "relative_strength": -34.475839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.980177,
        "energy": 91.362017,
        "activity_lines": [
          7.273333,
          7.74,
          8.236619,
          8.716436
        ]
      },
      {
        "date": "2024-10-25",
        "close": 7.9,
        "volume": 2292,
        "typical_volume": 3094.2,
        "trend": 9.318978,
        "fair_value": 13.549087,
        "relative_strength": -25.060882,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.138327,
        "energy": 84.078955,
        "activity_lines": [
          7.421333,
          7.713091,
          8.167714,
          8.617472
        ]
      },
      {
        "date": "2024-11-01",
        "close": 8.3,
        "volume": 9531,
        "typical_volume": 3517.5,
        "trend": 9.222289,
        "fair_value": 13.497462,
        "relative_strength": -19.556495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.611697,
        "energy": 51.219416,
        "activity_lines": [
          7.729333,
          7.769818,
          8.147143,
          8.551732
        ]
      },
      {
        "date": "2024-11-08",
        "close": 7.8,
        "volume": 966,
        "typical_volume": 3454.7,
        "trend": 9.090842,
        "fair_value": 13.443209,
        "relative_strength": -22.914572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.898,
        "energy": 37.181232,
        "activity_lines": [
          7.817333,
          7.737455,
          8.085619,
          8.459971
        ]
      },
      {
        "date": "2024-11-15",
        "close": 7.9,
        "volume": 620,
        "typical_volume": 3369.0,
        "trend": 8.989044,
        "fair_value": 13.387869,
        "relative_strength": -20.392041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.37038,
        "energy": 25.858405,
        "activity_lines": [
          7.898667,
          7.743273,
          8.041238,
          8.383143
        ]
      },
      {
        "date": "2024-11-22",
        "close": 7.5,
        "volume": 819,
        "typical_volume": 3130.25,
        "trend": 8.867333,
        "fair_value": 13.338028,
        "relative_strength": -23.437076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.932147,
        "energy": 28.968871,
        "activity_lines": [
          7.8,
          7.692727,
          7.963333,
          8.287075
        ]
      },
      {
        "date": "2024-11-29",
        "close": 7.7,
        "volume": 1452,
        "typical_volume": 3039.7,
        "trend": 8.749,
        "fair_value": 13.281406,
        "relative_strength": -20.290451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.610731,
        "energy": 31.100857,
        "activity_lines": [
          7.74,
          7.698545,
          7.908762,
          8.211763
        ]
      },
      {
        "date": "2024-12-06",
        "close": 7.8,
        "volume": 77,
        "typical_volume": 2691.5,
        "trend": 8.634,
        "fair_value": 13.227728,
        "relative_strength": -20.508533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.393128,
        "energy": 32.402541,
        "activity_lines": [
          7.726667,
          7.733455,
          7.867048,
          8.150538
        ]
      },
      {
        "date": "2024-12-13",
        "close": 7.8,
        "volume": 152,
        "typical_volume": 2543.55,
        "trend": 8.530667,
        "fair_value": 13.175779,
        "relative_strength": -19.493818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.909417,
        "energy": 30.901096,
        "activity_lines": [
          7.746667,
          7.762909,
          7.835524,
          8.096731
        ]
      },
      {
        "date": "2024-12-20",
        "close": 7.6,
        "volume": 764,
        "typical_volume": 2254.65,
        "trend": 8.425667,
        "fair_value": 13.123412,
        "relative_strength": -19.267426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.777877,
        "energy": 30.883424,
        "activity_lines": [
          7.7,
          7.745091,
          7.793714,
          8.036688
        ]
      },
      {
        "date": "2024-12-27",
        "close": 7.5,
        "volume": 232,
        "typical_volume": 1996.6,
        "trend": 8.342333,
        "fair_value": 13.070979,
        "relative_strength": -20.267122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.748896,
        "energy": 34.371352,
        "activity_lines": [
          7.64,
          7.701818,
          7.749048,
          7.976968
        ]
      },
      {
        "date": "2025-01-03",
        "close": 7.5,
        "volume": 578,
        "typical_volume": 1985.0,
        "trend": 8.257333,
        "fair_value": 13.018835,
        "relative_strength": -18.561446,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.300915,
        "energy": 39.542465,
        "activity_lines": [
          7.58,
          7.650909,
          7.709619,
          7.922624
        ]
      },
      {
        "date": "2025-01-10",
        "close": 7.7,
        "volume": 688,
        "typical_volume": 1995.1,
        "trend": 8.190667,
        "fair_value": 12.9697,
        "relative_strength": -17.154657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.04165,
        "energy": 37.715139,
        "activity_lines": [
          7.6,
          7.643636,
          7.694,
          7.886667
        ]
      },
      {
        "date": "2025-01-17",
        "close": 7.7,
        "volume": 141,
        "typical_volume": 1924.9,
        "trend": 8.134,
        "fair_value": 12.919414,
        "relative_strength": -19.279011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.446432,
        "energy": 32.291625,
        "activity_lines": [
          7.626667,
          7.647273,
          7.681714,
          7.855011
        ]
      },
      {
        "date": "2025-01-24",
        "close": 7.2,
        "volume": 1401,
        "typical_volume": 1982.1,
        "trend": 8.078667,
        "fair_value": 12.868802,
        "relative_strength": -25.756042,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.421022,
        "energy": 51.744181,
        "activity_lines": [
          7.493333,
          7.561818,
          7.627524,
          7.794753
        ]
      },
      {
        "date": "2025-01-31",
        "close": 7.3,
        "volume": 875,
        "typical_volume": 2010.5,
        "trend": 8.042,
        "fair_value": 12.829199,
        "relative_strength": -24.024663,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.239916,
        "energy": 60.30138,
        "activity_lines": [
          7.42,
          7.507273,
          7.590476,
          7.744516
        ]
      },
      {
        "date": "2025-02-07",
        "close": 7.4,
        "volume": 505,
        "typical_volume": 1854.9,
        "trend": 8.008667,
        "fair_value": 12.782749,
        "relative_strength": -22.406925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.598799,
        "energy": 63.001574,
        "activity_lines": [
          7.393333,
          7.474545,
          7.569143,
          7.703097
        ]
      },
      {
        "date": "2025-02-14",
        "close": 7.2,
        "volume": 2542,
        "typical_volume": 1448.3,
        "trend": 7.917333,
        "fair_value": 12.742217,
        "relative_strength": -25.554179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.37499,
        "energy": 71.765447,
        "activity_lines": [
          7.306667,
          7.410909,
          7.533048,
          7.650925
        ]
      },
      {
        "date": "2025-02-21",
        "close": 7.2,
        "volume": 3348,
        "typical_volume": 1528.1,
        "trend": 7.836,
        "fair_value": 12.706005,
        "relative_strength": -24.510275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.932507,
        "energy": 69.636848,
        "activity_lines": [
          7.253333,
          7.358182,
          7.498381,
          7.604645
        ]
      },
      {
        "date": "2025-02-28",
        "close": 7.0,
        "volume": 1924,
        "typical_volume": 1487.75,
        "trend": 7.769333,
        "fair_value": 12.678879,
        "relative_strength": -25.331787,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.341094,
        "energy": 80.564267,
        "activity_lines": [
          7.166667,
          7.28,
          7.444667,
          7.55071
        ]
      },
      {
        "date": "2025-03-07",
        "close": 6.2,
        "volume": 3557,
        "typical_volume": 1623.2,
        "trend": 7.689333,
        "fair_value": 12.634529,
        "relative_strength": -33.072179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.81676,
        "energy": 96.172755,
        "activity_lines": [
          6.826667,
          7.067273,
          7.315714,
          7.449462
        ]
      },
      {
        "date": "2025-03-14",
        "close": 5.9,
        "volume": 900,
        "typical_volume": 1553.6,
        "trend": 7.602667,
        "fair_value": 12.587103,
        "relative_strength": -34.722696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.695005,
        "energy": 97.878022,
        "activity_lines": [
          6.46,
          6.823636,
          7.162381,
          7.334022
        ]
      },
      {
        "date": "2025-03-21",
        "close": 6.0,
        "volume": 2458,
        "typical_volume": 1199.95,
        "trend": 7.522667,
        "fair_value": 12.538015,
        "relative_strength": -32.885594,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.221323,
        "energy": 94.917524,
        "activity_lines": [
          6.226667,
          6.627273,
          7.028095,
          7.230624
        ]
      },
      {
        "date": "2025-03-28",
        "close": 6.2,
        "volume": 1109,
        "typical_volume": 1207.1,
        "trend": 7.432667,
        "fair_value": 12.479841,
        "relative_strength": -28.798088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.494927,
        "energy": 88.706891,
        "activity_lines": [
          6.14,
          6.498182,
          6.92381,
          7.14529
        ]
      },
      {
        "date": "2025-04-04",
        "close": 5.9,
        "volume": 791,
        "typical_volume": 1215.65,
        "trend": 7.336,
        "fair_value": 12.42032,
        "relative_strength": -25.518864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.943726,
        "energy": 90.479565,
        "activity_lines": [
          6.02,
          6.341818,
          6.798571,
          7.046409
        ]
      },
      {
        "date": "2025-04-11",
        "close": 5.6,
        "volume": 12511,
        "typical_volume": 1800.25,
        "trend": 7.236,
        "fair_value": 12.353692,
        "relative_strength": -26.736061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.435264,
        "energy": 73.30058,
        "activity_lines": [
          5.873333,
          6.154545,
          6.654286,
          6.934409
        ]
      },
      {
        "date": "2025-04-18",
        "close": 6.0,
        "volume": 604,
        "typical_volume": 1757.85,
        "trend": 7.159333,
        "fair_value": 12.296771,
        "relative_strength": -22.704913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.598387,
        "energy": 64.819698,
        "activity_lines": [
          5.9,
          6.070909,
          6.557143,
          6.854667
        ]
      },
      {
        "date": "2025-04-25",
        "close": 6.0,
        "volume": 304,
        "typical_volume": 1769.2,
        "trend": 7.109333,
        "fair_value": 12.241807,
        "relative_strength": -24.479005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.075606,
        "energy": 63.917922,
        "activity_lines": [
          5.92,
          6.012727,
          6.468095,
          6.779871
        ]
      },
      {
        "date": "2025-05-02",
        "close": 5.6,
        "volume": 1481,
        "typical_volume": 1835.65,
        "trend": 7.056,
        "fair_value": 12.184395,
        "relative_strength": -30.762999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.952336,
        "energy": 67.162444,
        "activity_lines": [
          5.806667,
          5.903636,
          6.349524,
          6.682495
        ]
      },
      {
        "date": "2025-05-09",
        "close": 6.1,
        "volume": 2416,
        "typical_volume": 1918.25,
        "trend": 7.019333,
        "fair_value": 12.128427,
        "relative_strength": -23.499585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.072312,
        "energy": 50.956113,
        "activity_lines": [
          5.9,
          5.914545,
          6.289048,
          6.620817
        ]
      },
      {
        "date": "2025-05-16",
        "close": 6.14,
        "volume": 356,
        "typical_volume": 1924.45,
        "trend": 6.988,
        "fair_value": 12.079172,
        "relative_strength": -23.600178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.958733,
        "energy": 43.017317,
        "activity_lines": [
          5.993333,
          5.949091,
          6.239524,
          6.564086
        ]
      },
      {
        "date": "2025-05-23",
        "close": 6.0,
        "volume": 1714,
        "typical_volume": 1981.25,
        "trend": 6.924667,
        "fair_value": 12.02315,
        "relative_strength": -23.070454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.142078,
        "energy": 38.889055,
        "activity_lines": [
          6.004,
          5.959273,
          6.183143,
          6.500344
        ]
      },
      {
        "date": "2025-05-30",
        "close": 5.98,
        "volume": 6602,
        "typical_volume": 2276.95,
        "trend": 6.847333,
        "fair_value": 11.965709,
        "relative_strength": -22.793595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.86946,
        "energy": 29.019414,
        "activity_lines": [
          6.008,
          5.964,
          6.132,
          6.439398
        ]
      },
      {
        "date": "2025-06-06",
        "close": 5.8,
        "volume": 298,
        "typical_volume": 2284.8,
        "trend": 6.780667,
        "fair_value": 11.911339,
        "relative_strength": -24.884412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.959938,
        "energy": 38.461087,
        "activity_lines": [
          5.953333,
          5.936364,
          6.071905,
          6.371828
        ]
      },
      {
        "date": "2025-06-13",
        "close": 5.9,
        "volume": 155,
        "typical_volume": 2222.5,
        "trend": 6.714,
        "fair_value": 11.864653,
        "relative_strength": -21.594072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.182196,
        "energy": 42.06928,
        "activity_lines": [
          5.918667,
          5.934182,
          6.030381,
          6.315011
        ]
      },
      {
        "date": "2025-06-20",
        "close": 5.8,
        "volume": 176,
        "typical_volume": 2187.55,
        "trend": 6.657333,
        "fair_value": 11.819673,
        "relative_strength": -21.234046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.275729,
        "energy": 47.011992,
        "activity_lines": [
          5.864,
          5.913818,
          5.985524,
          6.256043
        ]
      },
      {
        "date": "2025-06-27",
        "close": 5.9,
        "volume": 146,
        "typical_volume": 2169.6,
        "trend": 6.597333,
        "fair_value": 11.774747,
        "relative_strength": -20.277664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.873469,
        "energy": 44.898928,
        "activity_lines": [
          5.865333,
          5.908,
          5.957333,
          6.207183
        ]
      },
      {
        "date": "2025-07-04",
        "close": 5.5,
        "volume": 340,
        "typical_volume": 2059.5,
        "trend": 6.520667,
        "fair_value": 11.725497,
        "relative_strength": -25.160132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.088196,
        "energy": 61.577121,
        "activity_lines": [
          5.74,
          5.831273,
          5.89819,
          6.136387
        ]
      },
      {
        "date": "2025-07-11",
        "close": 5.6,
        "volume": 2827,
        "typical_volume": 2033.45,
        "trend": 6.447333,
        "fair_value": 11.678648,
        "relative_strength": -24.528313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.387288,
        "energy": 72.421173,
        "activity_lines": [
          5.68,
          5.781818,
          5.856667,
          6.076989
        ]
      },
      {
        "date": "2025-07-18",
        "close": 5.54,
        "volume": 59,
        "typical_volume": 1940.2,
        "trend": 6.378667,
        "fair_value": 11.632588,
        "relative_strength": -24.335559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.349966,
        "energy": 76.485059,
        "activity_lines": [
          5.613333,
          5.721455,
          5.817048,
          6.018452
        ]
      },
      {
        "date": "2025-07-25",
        "close": 5.7,
        "volume": 371,
        "typical_volume": 1780.9,
        "trend": 6.318667,
        "fair_value": 11.582859,
        "relative_strength": -21.372422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.720834,
        "energy": 65.967042,
        "activity_lines": [
          5.624,
          5.700364,
          5.799619,
          5.974667
        ]
      },
      {
        "date": "2025-08-01",
        "close": 5.6,
        "volume": 679,
        "typical_volume": 1769.85,
        "trend": 6.255333,
        "fair_value": 11.530729,
        "relative_strength": -18.958957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.264757,
        "energy": 60.876639,
        "activity_lines": [
          5.608,
          5.669091,
          5.775048,
          5.928301
        ]
      },
      {
        "date": "2025-08-08",
        "close": 5.7,
        "volume": 1679,
        "typical_volume": 1730.9,
        "trend": 6.188667,
        "fair_value": 11.476305,
        "relative_strength": -18.847234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.953698,
        "energy": 49.719321,
        "activity_lines": [
          5.645333,
          5.663273,
          5.761429,
          5.892473
        ]
      },
      {
        "date": "2025-08-15",
        "close": 5.92,
        "volume": 10005,
        "typical_volume": 2175.7,
        "trend": 6.129333,
        "fair_value": 11.420944,
        "relative_strength": -16.94106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.84191,
        "energy": 23.135248,
        "activity_lines": [
          5.742667,
          5.702545,
          5.77019,
          5.87514
        ]
      },
      {
        "date": "2025-08-22",
        "close": 5.7,
        "volume": 312,
        "typical_volume": 2151.75,
        "trend": 6.079333,
        "fair_value": 11.368281,
        "relative_strength": -19.817343,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.106163,
        "energy": 21.184514,
        "activity_lines": [
          5.745333,
          5.699636,
          5.759333,
          5.847441
        ]
      },
      {
        "date": "2025-08-29",
        "close": 5.6,
        "volume": 1071,
        "typical_volume": 1579.75,
        "trend": 6.022667,
        "fair_value": 11.317324,
        "relative_strength": -17.72683,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.41026,
        "energy": 24.807523,
        "activity_lines": [
          5.704,
          5.682182,
          5.739905,
          5.816516
        ]
      },
      {
        "date": "2025-09-05",
        "close": 5.5,
        "volume": 385,
        "typical_volume": 1568.8,
        "trend": 5.959333,
        "fair_value": 11.266313,
        "relative_strength": -18.032551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.521566,
        "energy": 39.319282,
        "activity_lines": [
          5.636,
          5.650182,
          5.710952,
          5.782796
        ]
      },
      {
        "date": "2025-09-12",
        "close": 5.5,
        "volume": 55,
        "typical_volume": 1556.35,
        "trend": 5.902667,
        "fair_value": 11.212368,
        "relative_strength": -18.806438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.694165,
        "energy": 57.374406,
        "activity_lines": [
          5.574667,
          5.625455,
          5.684381,
          5.753161
        ]
      },
      {
        "date": "2025-09-19",
        "close": 5.5,
        "volume": 418,
        "typical_volume": 1503.2,
        "trend": 5.846,
        "fair_value": 11.160066,
        "relative_strength": -18.36264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.497962,
        "energy": 69.418548,
        "activity_lines": [
          5.526667,
          5.600727,
          5.66019,
          5.727183
        ]
      },
      {
        "date": "2025-09-26",
        "close": 5.46,
        "volume": 84,
        "typical_volume": 1386.6,
        "trend": 5.794667,
        "fair_value": 11.105277,
        "relative_strength": -18.642021,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.76036,
        "energy": 73.113964,
        "activity_lines": [
          5.493333,
          5.570545,
          5.632667,
          5.70228
        ]
      },
      {
        "date": "2025-10-03",
        "close": 5.4,
        "volume": 1174,
        "typical_volume": 1427.5,
        "trend": 5.768,
        "fair_value": 11.04717,
        "relative_strength": -21.125758,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.81681,
        "energy": 79.898857,
        "activity_lines": [
          5.456,
          5.530909,
          5.602476,
          5.676817
        ]
      },
      {
        "date": "2025-10-10",
        "close": 5.4,
        "volume": 150,
        "typical_volume": 1349.3,
        "trend": 5.751333,
        "fair_value": 10.989649,
        "relative_strength": -19.003654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.25684,
        "energy": 81.067031,
        "activity_lines": [
          5.432,
          5.496727,
          5.57581,
          5.653075
        ]
      },
      {
        "date": "2025-10-17",
        "close": 5.4,
        "volume": 583,
        "typical_volume": 1048.35,
        "trend": 5.731333,
        "fair_value": 10.935063,
        "relative_strength": -21.056613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.605496,
        "energy": 76.324441,
        "activity_lines": [
          5.414667,
          5.466182,
          5.552,
          5.630409
        ]
      },
      {
        "date": "2025-10-24",
        "close": 5.3,
        "volume": 359,
        "typical_volume": 1051.4,
        "trend": 5.701333,
        "fair_value": 10.879719,
        "relative_strength": -22.271765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.990873,
        "energy": 81.227362,
        "activity_lines": [
          5.370667,
          5.422909,
          5.521429,
          5.602581
        ]
      },
      {
        "date": "2025-10-31",
        "close": 5.3,
        "volume": 1459,
        "typical_volume": 1116.6,
        "trend": 5.681333,
        "fair_value": 10.822731,
        "relative_strength": -20.407561,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.637114,
        "energy": 74.26396,
        "activity_lines": [
          5.34,
          5.390909,
          5.493238,
          5.576688
        ]
      },
      {
        "date": "2025-11-07",
        "close": 4.9,
        "volume": 1054,
        "typical_volume": 1160.5,
        "trend": 5.658,
        "fair_value": 10.763179,
        "relative_strength": -24.037292,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -96.632322,
        "energy": 94.165948,
        "activity_lines": [
          5.186667,
          5.293455,
          5.42981,
          5.52628
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4.7,
        "volume": 3051,
        "typical_volume": 1305.75,
        "trend": 5.614667,
        "fair_value": 10.701758,
        "relative_strength": -28.228989,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -97.615287,
        "energy": 98.530644,
        "activity_lines": [
          5.0,
          5.172364,
          5.351619,
          5.464473
        ]
      },
      {
        "date": "2025-11-21",
        "close": 4.6,
        "volume": 155,
        "typical_volume": 1296.5,
        "trend": 5.568,
        "fair_value": 10.64087,
        "relative_strength": -27.308707,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -96.149701,
        "energy": 98.542894,
        "activity_lines": [
          4.826667,
          5.047636,
          5.269619,
          5.399011
        ]
      },
      {
        "date": "2025-11-28",
        "close": 4.8,
        "volume": 305,
        "typical_volume": 1170.4,
        "trend": 5.541333,
        "fair_value": 10.578916,
        "relative_strength": -24.590266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.623582,
        "energy": 88.952443,
        "activity_lines": [
          4.773333,
          4.975636,
          5.210952,
          5.349462
        ]
      },
      {
        "date": "2025-12-05",
        "close": 4.6,
        "volume": 409,
        "typical_volume": 1187.9,
        "trend": 5.491333,
        "fair_value": 10.520375,
        "relative_strength": -26.79297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.204271,
        "energy": 93.640024,
        "activity_lines": [
          4.686667,
          4.88,
          5.137048,
          5.288731
        ]
      },
      {
        "date": "2025-12-12",
        "close": 4.5,
        "volume": 412,
        "typical_volume": 1189.95,
        "trend": 5.436667,
        "fair_value": 10.455912,
        "relative_strength": -27.078666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.151059,
        "energy": 91.898481,
        "activity_lines": [
          4.613333,
          4.781818,
          5.058095,
          5.224774
        ]
      },
      {
        "date": "2025-12-19",
        "close": 4.1,
        "volume": 1996,
        "typical_volume": 1255.8,
        "trend": 5.373333,
        "fair_value": 10.390645,
        "relative_strength": -33.326873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.74069,
        "energy": 77.510948,
        "activity_lines": [
          4.433333,
          4.627273,
          4.946762,
          5.138538
        ]
      },
      {
        "date": "2025-12-26",
        "close": 4.2,
        "volume": 153,
        "typical_volume": 1179.5,
        "trend": 5.314,
        "fair_value": 10.324845,
        "relative_strength": -30.408396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.669319,
        "energy": 73.502993,
        "activity_lines": [
          4.326667,
          4.514545,
          4.852095,
          5.062839
        ]
      },
      {
        "date": "2026-01-02",
        "close": 4.33,
        "volume": 464,
        "typical_volume": 702.45,
        "trend": 5.265,
        "fair_value": 10.259879,
        "relative_strength": -28.125728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.020905,
        "energy": 67.880294,
        "activity_lines": [
          4.29,
          4.447273,
          4.776952,
          4.999355
        ]
      },
      {
        "date": "2026-01-09",
        "close": 4.7,
        "volume": 633,
        "typical_volume": 718.5,
        "trend": 5.225,
        "fair_value": 10.194937,
        "relative_strength": -22.580721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.838074,
        "energy": 65.44763,
        "activity_lines": [
          4.408,
          4.464909,
          4.744619,
          4.962903
        ]
      },
      {
        "date": "2026-01-16",
        "close": 5.0,
        "volume": 2496,
        "typical_volume": 789.75,
        "trend": 5.198333,
        "fair_value": 10.135439,
        "relative_strength": -15.732451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.061204,
        "energy": 37.466643,
        "activity_lines": [
          4.619333,
          4.548,
          4.745619,
          4.948387
        ]
      },
      {
        "date": "2026-01-23",
        "close": 4.6,
        "volume": 1000,
        "typical_volume": 820.5,
        "trend": 5.155,
        "fair_value": 10.071617,
        "relative_strength": -20.64122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.828037,
        "energy": 27.85066,
        "activity_lines": [
          4.664,
          4.556545,
          4.711381,
          4.909785
        ]
      },
      {
        "date": "2026-01-30",
        "close": 5.1,
        "volume": 1199,
        "typical_volume": 877.7,
        "trend": 5.141667,
        "fair_value": 10.010999,
        "relative_strength": -11.138661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.681314,
        "energy": 24.125458,
        "activity_lines": [
          4.842,
          4.657818,
          4.729048,
          4.906237
        ]
      },
      {
        "date": "2026-02-06",
        "close": 4.7,
        "volume": 3452,
        "typical_volume": 1029.4,
        "trend": 5.111667,
        "fair_value": 9.950752,
        "relative_strength": -18.769765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.317669,
        "energy": 24.091974,
        "activity_lines": [
          4.826667,
          4.677273,
          4.710524,
          4.877742
        ]
      },
      {
        "date": "2026-02-13",
        "close": 5.0,
        "volume": 475,
        "typical_volume": 1048.95,
        "trend": 5.093667,
        "fair_value": 9.887146,
        "relative_strength": -13.314307,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.421832,
        "energy": 12.992454,
        "activity_lines": [
          4.886667,
          4.753091,
          4.724381,
          4.870538
        ]
      },
      {
        "date": "2026-02-20",
        "close": 4.8,
        "volume": 504,
        "typical_volume": 1015.45,
        "trend": 5.063667,
        "fair_value": 9.820498,
        "relative_strength": -18.047822,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.170932,
        "energy": 14.611223,
        "activity_lines": [
          4.86,
          4.785273,
          4.721381,
          4.851591
        ]
      },
      {
        "date": "2026-02-27",
        "close": 4.9,
        "volume": 321,
        "typical_volume": 1024.0,
        "trend": 5.040333,
        "fair_value": 9.75273,
        "relative_strength": -16.293563,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.372315,
        "energy": 9.74773,
        "activity_lines": [
          4.88,
          4.830182,
          4.730762,
          4.841032
        ]
      },
      {
        "date": "2026-03-06",
        "close": 4.3,
        "volume": 1776,
        "typical_volume": 1083.65,
        "trend": 4.993667,
        "fair_value": 9.681586,
        "relative_strength": -20.642142,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.774433,
        "energy": 23.159866,
        "activity_lines": [
          4.68,
          4.751455,
          4.685381,
          4.793269
        ]
      },
      {
        "date": "2026-03-13",
        "close": 4.2,
        "volume": 793,
        "typical_volume": 1105.35,
        "trend": 4.936333,
        "fair_value": 9.609917,
        "relative_strength": -21.228723,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.416725,
        "energy": 43.907337,
        "activity_lines": [
          4.5,
          4.652727,
          4.635714,
          4.742065
        ]
      },
      {
        "date": "2026-03-20",
        "close": 4.11,
        "volume": 805,
        "typical_volume": 1072.65,
        "trend": 4.883333,
        "fair_value": 9.534151,
        "relative_strength": -19.96466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.115825,
        "energy": 69.774457,
        "activity_lines": [
          4.323333,
          4.54,
          4.582714,
          4.688753
        ]
      },
      {
        "date": "2026-03-27",
        "close": 4.1,
        "volume": 699,
        "typical_volume": 1054.9,
        "trend": 4.833333,
        "fair_value": 9.455387,
        "relative_strength": -19.959547,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.716286,
        "energy": 74.664378,
        "activity_lines": [
          4.202667,
          4.436182,
          4.534429,
          4.638215
        ]
      },
      {
        "date": "2026-04-03",
        "close": 3.8,
        "volume": 1558,
        "typical_volume": 980.25,
        "trend": 4.776667,
        "fair_value": 9.367941,
        "relative_strength": -27.543375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.873939,
        "energy": 81.9502,
        "activity_lines": [
          4.028667,
          4.294182,
          4.461381,
          4.571548
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3.9,
        "volume": 154,
        "typical_volume": 980.2,
        "trend": 4.723333,
        "fair_value": 9.279909,
        "relative_strength": -27.644871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.310895,
        "energy": 80.383465,
        "activity_lines": [
          3.961333,
          4.184909,
          4.402143,
          4.514989
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3.9,
        "volume": 167,
        "typical_volume": 973.3,
        "trend": 4.67,
        "fair_value": 9.193105,
        "relative_strength": -28.304557,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.644514,
        "energy": 77.780008,
        "activity_lines": [
          3.920667,
          4.097455,
          4.346238,
          4.461871
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3.8,
        "volume": 155,
        "typical_volume": 960.6,
        "trend": 4.614667,
        "fair_value": 9.109345,
        "relative_strength": -27.136954,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.899078,
        "energy": 79.956753,
        "activity_lines": [
          3.866667,
          4.006364,
          4.285095,
          4.405742
        ]
      },
      {
        "date": "2026-05-01",
        "close": 3.8,
        "volume": 4,
        "typical_volume": 940.2,
        "trend": 4.561333,
        "fair_value": 9.027429,
        "relative_strength": -26.190644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.095449,
        "energy": 82.291117,
        "activity_lines": [
          3.833333,
          3.937091,
          4.227762,
          4.353183
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3.7,
        "volume": 1212,
        "typical_volume": 901.0,
        "trend": 4.504667,
        "fair_value": 8.943607,
        "relative_strength": -27.382886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.164245,
        "energy": 88.327518,
        "activity_lines": [
          3.786667,
          3.867818,
          4.164238,
          4.297613
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3.3,
        "volume": 6516,
        "typical_volume": 1219.15,
        "trend": 4.434667,
        "fair_value": 8.85975,
        "relative_strength": -33.186388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.874702,
        "energy": 95.818545,
        "activity_lines": [
          3.613333,
          3.747636,
          4.064524,
          4.219892
        ]
      },
      {
        "date": "2026-05-22",
        "close": 3.1,
        "volume": 3845,
        "typical_volume": 1388.2,
        "trend": 4.361333,
        "fair_value": 8.777775,
        "relative_strength": -37.738679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.921836,
        "energy": 96.862321,
        "activity_lines": [
          3.413333,
          3.609273,
          3.950048,
          4.133785
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2.9,
        "volume": 1003,
        "typical_volume": 1406.7,
        "trend": 4.281333,
        "fair_value": 8.693252,
        "relative_strength": -41.471478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.72786,
        "energy": 97.437838,
        "activity_lines": [
          3.2,
          3.454545,
          3.822381,
          4.039505
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 1281.9,
        "trend": 4.214667,
        "fair_value": 8.609362,
        "relative_strength": -40.988592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.480729,
        "energy": 95.578528,
        "activity_lines": [
          3.046667,
          3.321818,
          3.703286,
          3.950387
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 1231.9,
        "trend": 4.154667,
        "fair_value": 8.52737,
        "relative_strength": -41.129722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.11591,
        "energy": 92.321888,
        "activity_lines": [
          2.953333,
          3.210909,
          3.59419,
          3.86557
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 1171.95,
        "trend": 4.098,
        "fair_value": 8.446643,
        "relative_strength": -40.810861,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.157715,
        "energy": 90.222445,
        "activity_lines": [
          2.913333,
          3.116364,
          3.49319,
          3.784624
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 999.35,
        "trend": 4.034667,
        "fair_value": 8.363386,
        "relative_strength": -39.715527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.635508,
        "energy": 88.955958,
        "activity_lines": [
          2.9,
          3.04,
          3.402667,
          3.707333
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 975.6,
        "trend": 3.978,
        "fair_value": 8.279496,
        "relative_strength": -39.83466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.2959,
        "energy": 88.417425,
        "activity_lines": [
          2.9,
          2.981818,
          3.320714,
          3.634129
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 950.4,
        "trend": 3.924667,
        "fair_value": 8.18928,
        "relative_strength": -37.839166,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.917699,
        "energy": 84.203625,
        "activity_lines": [
          2.9,
          2.94,
          3.248762,
          3.564581
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 934.35,
        "trend": 3.884667,
        "fair_value": 8.097799,
        "relative_strength": -37.058171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.520003,
        "energy": 80.026948,
        "activity_lines": [
          2.9,
          2.914545,
          3.185857,
          3.498473
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 845.55,
        "trend": 3.841333,
        "fair_value": 8.003154,
        "relative_strength": -36.466946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.102357,
        "energy": 66.605484,
        "activity_lines": [
          2.9,
          2.903636,
          3.132476,
          3.434946
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 805.9,
        "trend": 3.793667,
        "fair_value": 7.910408,
        "relative_strength": -36.59495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.039128,
        "energy": 64.007443,
        "activity_lines": [
          2.9,
          2.9,
          3.085762,
          3.374215
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2.9,
        "volume": 0,
        "typical_volume": 765.65,
        "trend": 3.733667,
        "fair_value": 7.817029,
        "relative_strength": -37.181878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.064045,
        "energy": 64.067619,
        "activity_lines": [
          2.9,
          2.9,
          3.045238,
          3.316559
        ]
      }
    ],
    "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."
    }
  }
}