{
  "ticker": {
    "uuid": "b654bcea-0a35-4acf-84ce-54ad04fc2537",
    "symbol": "AURA",
    "name": "Aura Biosciences Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Re-acceleration watch",
    "architecture_gate": "up",
    "architecture_direction": 63.074,
    "architecture_energy": 38.585,
    "architecture_maturity": 34.241,
    "architecture_confidence": 77.223,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The prior uptrend is attempting to re-accelerate.",
        "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set."
      },
      "scores": {
        "balance": 43.99,
        "rotation_up": 49.13,
        "upward_expansion": 73.77,
        "deceleration": 57.97,
        "rotation_down": 16.98,
        "downward_expansion": 5.1
      },
      "activity_lines": [
        7.330667,
        7.173273,
        7.169857,
        6.990215
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 7.99,
    "trend_reference": 6.641667,
    "distance_from_trend": 0.203011,
    "trend_direction": "Improving",
    "fair_value": 7.472051,
    "distance_from_fair_value": 0.069318,
    "fair_value_direction": "Improving",
    "relative_strength": 10.055079,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.426786,
    "excess_performance": 0.239332,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.203011,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.064029,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.069318,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.002156,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.100551,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.025195,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.426786,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.632018,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2130413,
      "relative_activity": 0.817558,
      "balance": 0.632018,
      "dry_up": 0.754807,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.104746,
      "annualized_volatility": 0.526556,
      "from_high_reference": -0.162035,
      "from_low_reference": 0.689218
    },
    "levels": {
      "trend_reference": 6.641667,
      "fair_value_reference": 7.472051,
      "structural_low": 4.87,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": -0.016118,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.008622,
        "regime_survival": 0.75,
        "best_return": 0.168129,
        "worst_return": -0.128183,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": -0.38455,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.286323,
        "regime_survival": 0.0,
        "best_return": -0.38455,
        "worst_return": -0.38455,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.355688,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.465242,
        "regime_survival": 0.0,
        "best_return": -0.355688,
        "worst_return": -0.355688,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.120543,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.336159,
        "regime_survival": 0.0,
        "best_return": -0.120543,
        "worst_return": -0.120543,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-06",
        "end": "2024-12-20",
        "tenure": "New",
        "return": -0.085842,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-12-27",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": -0.052821,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-31",
        "end": "2025-06-20",
        "tenure": "Established",
        "return": -0.230573,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-27",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.151274,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.02819,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-29",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.054313,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-17",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.024691,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-21",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.181985,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.221713,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-16",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": 0.173307,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-06",
        "end": "2026-03-27",
        "tenure": "New",
        "return": 0.119643,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.039755,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": -0.090535,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.24649,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 10.09,
        "volume": 285318,
        "typical_volume": 359963.85,
        "trend": 10.712,
        "fair_value": 14.258947,
        "relative_strength": -26.413941,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.459934,
        "energy": 16.760347,
        "activity_lines": [
          10.821333,
          11.325091,
          11.437905,
          11.083742
        ]
      },
      {
        "date": "2023-08-25",
        "close": 10.27,
        "volume": 218668,
        "typical_volume": 355186.65,
        "trend": 10.718667,
        "fair_value": 14.217396,
        "relative_strength": -25.757541,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -23.003327,
        "energy": 29.443295,
        "activity_lines": [
          10.537333,
          11.063455,
          11.366857,
          11.055226
        ]
      },
      {
        "date": "2023-09-01",
        "close": 10.44,
        "volume": 236573,
        "typical_volume": 344427.05,
        "trend": 10.729,
        "fair_value": 14.178454,
        "relative_strength": -26.607695,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.101499,
        "energy": 37.087214,
        "activity_lines": [
          10.412667,
          10.876727,
          11.30419,
          11.037247
        ]
      },
      {
        "date": "2023-09-08",
        "close": 9.86,
        "volume": 240119,
        "typical_volume": 343081.3,
        "trend": 10.699667,
        "fair_value": 14.134388,
        "relative_strength": -28.872904,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.551422,
        "energy": 50.557925,
        "activity_lines": [
          10.184,
          10.623818,
          11.178,
          10.981183
        ]
      },
      {
        "date": "2023-09-15",
        "close": 9.41,
        "volume": 286278,
        "typical_volume": 335979.55,
        "trend": 10.668667,
        "fair_value": 14.086667,
        "relative_strength": -30.840633,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.465231,
        "energy": 51.599223,
        "activity_lines": [
          9.896,
          10.334364,
          11.003905,
          10.897978
        ]
      },
      {
        "date": "2023-09-22",
        "close": 9.25,
        "volume": 342702,
        "typical_volume": 328945.0,
        "trend": 10.633333,
        "fair_value": 14.0383,
        "relative_strength": -28.605166,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.969104,
        "energy": 46.081661,
        "activity_lines": [
          9.641333,
          10.056182,
          10.81281,
          10.806452
        ]
      },
      {
        "date": "2023-09-29",
        "close": 8.97,
        "volume": 200699,
        "typical_volume": 328933.5,
        "trend": 10.591667,
        "fair_value": 13.988119,
        "relative_strength": -29.210349,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.857004,
        "energy": 56.982824,
        "activity_lines": [
          9.349333,
          9.780909,
          10.597238,
          10.69914
        ]
      },
      {
        "date": "2023-10-06",
        "close": 8.99,
        "volume": 345440,
        "typical_volume": 327579.95,
        "trend": 10.558,
        "fair_value": 13.939118,
        "relative_strength": -29.270051,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.398384,
        "energy": 54.537234,
        "activity_lines": [
          9.150667,
          9.560909,
          10.389667,
          10.595806
        ]
      },
      {
        "date": "2023-10-13",
        "close": 8.47,
        "volume": 289033,
        "typical_volume": 325725.8,
        "trend": 10.495333,
        "fair_value": 13.886019,
        "relative_strength": -32.378505,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.060727,
        "energy": 68.857163,
        "activity_lines": [
          8.875333,
          9.297091,
          10.148429,
          10.461097
        ]
      },
      {
        "date": "2023-10-20",
        "close": 8.4,
        "volume": 365353,
        "typical_volume": 334172.65,
        "trend": 10.455333,
        "fair_value": 13.833269,
        "relative_strength": -30.055762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.804525,
        "energy": 70.840002,
        "activity_lines": [
          8.669333,
          9.070545,
          9.913524,
          10.325914
        ]
      },
      {
        "date": "2023-10-27",
        "close": 7.25,
        "volume": 377436,
        "typical_volume": 338323.1,
        "trend": 10.387667,
        "fair_value": 13.770571,
        "relative_strength": -37.094853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.811484,
        "energy": 79.124411,
        "activity_lines": [
          8.147333,
          8.676909,
          9.586714,
          10.119118
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.98,
        "volume": 477934,
        "typical_volume": 343366.75,
        "trend": 10.499333,
        "fair_value": 13.753679,
        "relative_strength": -1.637593,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.669122,
        "energy": 19.410461,
        "activity_lines": [
          9.335333,
          9.194909,
          9.735286,
          10.221849
        ]
      },
      {
        "date": "2023-11-10",
        "close": 7.69,
        "volume": 5230752,
        "typical_volume": 528072.45,
        "trend": 10.465667,
        "fair_value": 13.697009,
        "relative_strength": -37.752427,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.325155,
        "energy": 34.669012,
        "activity_lines": [
          8.892667,
          8.901818,
          9.478667,
          10.040602
        ]
      },
      {
        "date": "2023-11-17",
        "close": 8.1,
        "volume": 1138246,
        "typical_volume": 566258.0,
        "trend": 10.442333,
        "fair_value": 13.645185,
        "relative_strength": -34.61878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.644579,
        "energy": 32.701037,
        "activity_lines": [
          8.673333,
          8.733273,
          9.284476,
          9.887978
        ]
      },
      {
        "date": "2023-11-24",
        "close": 8.03,
        "volume": 503130,
        "typical_volume": 585560.1,
        "trend": 10.408667,
        "fair_value": 13.59367,
        "relative_strength": -34.672592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.590958,
        "energy": 29.028623,
        "activity_lines": [
          8.455333,
          8.584,
          9.103857,
          9.732344
        ]
      },
      {
        "date": "2023-12-01",
        "close": 8.18,
        "volume": 788243,
        "typical_volume": 613297.5,
        "trend": 10.357667,
        "fair_value": 13.544455,
        "relative_strength": -32.531713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.377363,
        "energy": 41.639151,
        "activity_lines": [
          8.312,
          8.487091,
          8.954667,
          9.588559
        ]
      },
      {
        "date": "2023-12-08",
        "close": 8.75,
        "volume": 887247,
        "typical_volume": 645887.55,
        "trend": 10.307667,
        "fair_value": 13.501261,
        "relative_strength": -27.287161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.997078,
        "energy": 37.499028,
        "activity_lines": [
          8.296667,
          8.513273,
          8.878952,
          9.484839
        ]
      },
      {
        "date": "2023-12-15",
        "close": 9.0,
        "volume": 1662190,
        "typical_volume": 718097.1,
        "trend": 10.197,
        "fair_value": 13.461071,
        "relative_strength": -26.605909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.345601,
        "energy": 26.826899,
        "activity_lines": [
          8.58,
          8.588909,
          8.841619,
          9.400473
        ]
      },
      {
        "date": "2023-12-22",
        "close": 8.72,
        "volume": 974983,
        "typical_volume": 755358.05,
        "trend": 10.114333,
        "fair_value": 13.419115,
        "relative_strength": -28.671522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.311652,
        "energy": 18.617953,
        "activity_lines": [
          8.682667,
          8.613455,
          8.790857,
          9.305183
        ]
      },
      {
        "date": "2023-12-29",
        "close": 8.86,
        "volume": 536642,
        "typical_volume": 769349.3,
        "trend": 10.006333,
        "fair_value": 13.379123,
        "relative_strength": -26.918111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.395631,
        "energy": 14.83499,
        "activity_lines": [
          8.790667,
          8.658909,
          8.765333,
          9.224258
        ]
      },
      {
        "date": "2024-01-05",
        "close": 8.85,
        "volume": 563388,
        "typical_volume": 783252.8,
        "trend": 9.885333,
        "fair_value": 13.339739,
        "relative_strength": -23.808321,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.79236,
        "energy": 14.169174,
        "activity_lines": [
          8.84,
          8.694182,
          8.747667,
          9.149656
        ]
      },
      {
        "date": "2024-01-12",
        "close": 8.37,
        "volume": 498270,
        "typical_volume": 797232.9,
        "trend": 9.741333,
        "fair_value": 13.296897,
        "relative_strength": -29.245673,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.340984,
        "energy": 16.549932,
        "activity_lines": [
          8.684667,
          8.613091,
          8.69019,
          9.051892
        ]
      },
      {
        "date": "2024-01-19",
        "close": 7.71,
        "volume": 428471,
        "typical_volume": 806827.8,
        "trend": 9.578333,
        "fair_value": 13.249145,
        "relative_strength": -35.806881,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.081677,
        "energy": 27.224409,
        "activity_lines": [
          8.334667,
          8.477636,
          8.578905,
          8.920839
        ]
      },
      {
        "date": "2024-01-26",
        "close": 7.59,
        "volume": 642754,
        "typical_volume": 826959.55,
        "trend": 9.419667,
        "fair_value": 13.201186,
        "relative_strength": -36.499457,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.359651,
        "energy": 39.541601,
        "activity_lines": [
          8.030667,
          8.32,
          8.46919,
          8.792559
        ]
      },
      {
        "date": "2024-02-02",
        "close": 7.77,
        "volume": 606115,
        "typical_volume": 842951.4,
        "trend": 9.291,
        "fair_value": 13.155546,
        "relative_strength": -35.108807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.598979,
        "energy": 53.424799,
        "activity_lines": [
          7.862,
          8.204364,
          8.387429,
          8.686129
        ]
      },
      {
        "date": "2024-02-09",
        "close": 8.63,
        "volume": 551195,
        "typical_volume": 853376.05,
        "trend": 9.171667,
        "fair_value": 13.117833,
        "relative_strength": -28.446947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.633352,
        "energy": 55.454599,
        "activity_lines": [
          8.052667,
          8.249818,
          8.395381,
          8.643484
        ]
      },
      {
        "date": "2024-02-16",
        "close": 8.84,
        "volume": 621045,
        "typical_volume": 874393.35,
        "trend": 9.072667,
        "fair_value": 13.082479,
        "relative_strength": -24.86765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.534338,
        "energy": 19.60967,
        "activity_lines": [
          8.328,
          8.325273,
          8.426286,
          8.622086
        ]
      },
      {
        "date": "2024-02-23",
        "close": 8.89,
        "volume": 609841,
        "typical_volume": 887613.4,
        "trend": 8.976333,
        "fair_value": 13.048115,
        "relative_strength": -24.7107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.281119,
        "energy": 12.975129,
        "activity_lines": [
          8.588667,
          8.408182,
          8.462571,
          8.610301
        ]
      },
      {
        "date": "2024-03-01",
        "close": 9.24,
        "volume": 577207,
        "typical_volume": 902022.1,
        "trend": 8.910333,
        "fair_value": 13.017154,
        "relative_strength": -22.547725,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.847831,
        "energy": 15.204482,
        "activity_lines": [
          8.887333,
          8.556727,
          8.532667,
          8.627312
        ]
      },
      {
        "date": "2024-03-08",
        "close": 8.38,
        "volume": 892165,
        "typical_volume": 928362.7,
        "trend": 8.832667,
        "fair_value": 12.979758,
        "relative_strength": -27.883233,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.940365,
        "energy": 16.295544,
        "activity_lines": [
          8.789333,
          8.539455,
          8.51719,
          8.593097
        ]
      },
      {
        "date": "2024-03-15",
        "close": 7.2,
        "volume": 2441196,
        "typical_volume": 1031550.7,
        "trend": 8.736333,
        "fair_value": 12.93352,
        "relative_strength": -36.500829,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.388759,
        "energy": 25.37709,
        "activity_lines": [
          8.257333,
          8.316364,
          8.389429,
          8.487763
        ]
      },
      {
        "date": "2024-03-22",
        "close": 8.42,
        "volume": 2186268,
        "typical_volume": 1116967.4,
        "trend": 8.674667,
        "fair_value": 12.897698,
        "relative_strength": -27.255101,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.511028,
        "energy": 20.979215,
        "activity_lines": [
          8.227333,
          8.345091,
          8.378095,
          8.467355
        ]
      },
      {
        "date": "2024-03-29",
        "close": 7.85,
        "volume": 676985,
        "typical_volume": 889279.05,
        "trend": 8.588333,
        "fair_value": 12.857953,
        "relative_strength": -31.234769,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.529251,
        "energy": 31.595605,
        "activity_lines": [
          8.035333,
          8.269273,
          8.329429,
          8.414151
        ]
      },
      {
        "date": "2024-04-05",
        "close": 7.2,
        "volume": 612286,
        "typical_volume": 862981.05,
        "trend": 8.499667,
        "fair_value": 12.81375,
        "relative_strength": -35.895873,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.663843,
        "energy": 52.529031,
        "activity_lines": [
          7.696,
          8.072727,
          8.218095,
          8.324581
        ]
      },
      {
        "date": "2024-04-12",
        "close": 7.54,
        "volume": 561501,
        "typical_volume": 865899.6,
        "trend": 8.437333,
        "fair_value": 12.772868,
        "relative_strength": -32.004206,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.914047,
        "energy": 48.883311,
        "activity_lines": [
          7.606,
          7.945091,
          8.143429,
          8.262667
        ]
      },
      {
        "date": "2024-04-19",
        "close": 7.19,
        "volume": 644487,
        "typical_volume": 858711.8,
        "trend": 8.368667,
        "fair_value": 12.729923,
        "relative_strength": -30.908274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.077701,
        "energy": 56.846624,
        "activity_lines": [
          7.455333,
          7.758,
          8.037762,
          8.182194
        ]
      },
      {
        "date": "2024-04-26",
        "close": 7.22,
        "volume": 537957,
        "typical_volume": 841247.3,
        "trend": 8.310333,
        "fair_value": 12.687863,
        "relative_strength": -32.660551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.24564,
        "energy": 56.147874,
        "activity_lines": [
          7.315333,
          7.602545,
          7.939667,
          8.108086
        ]
      },
      {
        "date": "2024-05-03",
        "close": 7.89,
        "volume": 504230,
        "typical_volume": 783349.3,
        "trend": 8.273667,
        "fair_value": 12.651515,
        "relative_strength": -26.477816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.357797,
        "energy": 33.26169,
        "activity_lines": [
          7.478667,
          7.598364,
          7.912667,
          8.080968
        ]
      },
      {
        "date": "2024-05-10",
        "close": 7.31,
        "volume": 408190,
        "typical_volume": 755009.65,
        "trend": 8.235,
        "fair_value": 12.611353,
        "relative_strength": -32.090374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.713664,
        "energy": 34.01897,
        "activity_lines": [
          7.446,
          7.506909,
          7.835714,
          8.018796
        ]
      },
      {
        "date": "2024-05-17",
        "close": 7.27,
        "volume": 992481,
        "typical_volume": 777801.6,
        "trend": 8.197333,
        "fair_value": 12.571493,
        "relative_strength": -32.810395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.523722,
        "energy": 31.786838,
        "activity_lines": [
          7.392667,
          7.443273,
          7.761667,
          7.956538
        ]
      },
      {
        "date": "2024-05-24",
        "close": 7.03,
        "volume": 809767,
        "typical_volume": 790120.55,
        "trend": 8.19,
        "fair_value": 12.530444,
        "relative_strength": -35.019191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.179883,
        "energy": 32.093228,
        "activity_lines": [
          7.277333,
          7.356182,
          7.672333,
          7.881226
        ]
      },
      {
        "date": "2024-05-31",
        "close": 7.35,
        "volume": 1556687,
        "typical_volume": 843041.4,
        "trend": 8.035667,
        "fair_value": 12.492353,
        "relative_strength": -29.941268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.298552,
        "energy": 31.177788,
        "activity_lines": [
          7.279333,
          7.330364,
          7.622143,
          7.827032
        ]
      },
      {
        "date": "2024-06-07",
        "close": 7.51,
        "volume": 672677,
        "typical_volume": 855251.7,
        "trend": 8.029667,
        "fair_value": 12.455985,
        "relative_strength": -29.185996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.148544,
        "energy": 27.481654,
        "activity_lines": [
          7.326,
          7.353091,
          7.592048,
          7.793118
        ]
      },
      {
        "date": "2024-06-14",
        "close": 7.33,
        "volume": 539441,
        "typical_volume": 850086.05,
        "trend": 8.004,
        "fair_value": 12.418841,
        "relative_strength": -32.117336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.80194,
        "energy": 26.472563,
        "activity_lines": [
          7.338,
          7.349273,
          7.545762,
          7.747978
        ]
      },
      {
        "date": "2024-06-21",
        "close": 7.2,
        "volume": 673263,
        "typical_volume": 853443.45,
        "trend": 7.976333,
        "fair_value": 12.381295,
        "relative_strength": -32.306552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.238428,
        "energy": 26.211085,
        "activity_lines": [
          7.305333,
          7.319455,
          7.488333,
          7.696108
        ]
      },
      {
        "date": "2024-06-28",
        "close": 7.56,
        "volume": 2236923,
        "typical_volume": 937729.85,
        "trend": 7.955667,
        "fair_value": 12.346857,
        "relative_strength": -27.757638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.05154,
        "energy": 17.721845,
        "activity_lines": [
          7.397333,
          7.361273,
          7.467905,
          7.669247
        ]
      },
      {
        "date": "2024-07-05",
        "close": 7.01,
        "volume": 526810,
        "typical_volume": 933018.1,
        "trend": 7.897667,
        "fair_value": 12.309007,
        "relative_strength": -34.282727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.990962,
        "energy": 27.708542,
        "activity_lines": [
          7.270667,
          7.296364,
          7.40019,
          7.608237
        ]
      },
      {
        "date": "2024-07-12",
        "close": 8.56,
        "volume": 881630,
        "typical_volume": 946607.55,
        "trend": 7.883,
        "fair_value": 12.282606,
        "relative_strength": -18.430291,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.272687,
        "energy": 6.096385,
        "activity_lines": [
          7.683333,
          7.517091,
          7.48881,
          7.650968
        ]
      },
      {
        "date": "2024-07-19",
        "close": 8.67,
        "volume": 684636,
        "typical_volume": 951979.0,
        "trend": 7.881333,
        "fair_value": 12.257343,
        "relative_strength": -12.918996,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.896968,
        "energy": 25.398835,
        "activity_lines": [
          8.062667,
          7.745636,
          7.589476,
          7.701742
        ]
      },
      {
        "date": "2024-07-26",
        "close": 10.36,
        "volume": 723923,
        "typical_volume": 943566.9,
        "trend": 7.931333,
        "fair_value": 12.244167,
        "relative_strength": 7.658304,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 44.43897,
        "energy": 60.042443,
        "activity_lines": [
          8.916,
          8.256727,
          7.85381,
          7.861656
        ]
      },
      {
        "date": "2024-08-02",
        "close": 9.24,
        "volume": 2215815,
        "typical_volume": 932297.85,
        "trend": 7.944333,
        "fair_value": 12.223448,
        "relative_strength": -0.033624,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 61.858154,
        "energy": 70.24553,
        "activity_lines": [
          9.185333,
          8.508,
          8.002048,
          7.946086
        ]
      },
      {
        "date": "2024-08-09",
        "close": 8.3,
        "volume": 655961,
        "typical_volume": 855782.5,
        "trend": 7.942,
        "fair_value": 12.196575,
        "relative_strength": -9.604484,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.498585,
        "energy": 64.713569,
        "activity_lines": [
          9.029333,
          8.548182,
          8.051048,
          7.969032
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7.88,
        "volume": 355098,
        "typical_volume": 839688.15,
        "trend": 7.947667,
        "fair_value": 12.167211,
        "relative_strength": -17.712242,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.353712,
        "energy": 40.155401,
        "activity_lines": [
          8.647333,
          8.494727,
          8.060619,
          7.965032
        ]
      },
      {
        "date": "2024-08-23",
        "close": 7.59,
        "volume": 654246,
        "typical_volume": 841786.15,
        "trend": 7.947667,
        "fair_value": 12.136284,
        "relative_strength": -20.607367,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -2.398661,
        "energy": 6.411395,
        "activity_lines": [
          8.214,
          8.381818,
          8.042429,
          7.941957
        ]
      },
      {
        "date": "2024-08-30",
        "close": 7.95,
        "volume": 447530,
        "typical_volume": 836087.6,
        "trend": 7.953667,
        "fair_value": 12.108188,
        "relative_strength": -15.27853,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.763329,
        "energy": 12.513872,
        "activity_lines": [
          7.972667,
          8.329636,
          8.056667,
          7.942108
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7.78,
        "volume": 387099,
        "typical_volume": 823218.2,
        "trend": 7.925333,
        "fair_value": 12.079333,
        "relative_strength": -11.187075,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.044934,
        "energy": 13.454066,
        "activity_lines": [
          7.835333,
          8.232909,
          8.052762,
          7.930903
        ]
      },
      {
        "date": "2024-09-13",
        "close": 10.07,
        "volume": 1047773,
        "typical_volume": 848709.0,
        "trend": 7.966333,
        "fair_value": 12.066026,
        "relative_strength": 8.978366,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.400517,
        "energy": 26.42912,
        "activity_lines": [
          8.558667,
          8.548545,
          8.264143,
          8.069269
        ]
      },
      {
        "date": "2024-09-20",
        "close": 9.57,
        "volume": 1193521,
        "typical_volume": 883173.55,
        "trend": 7.989,
        "fair_value": 12.049605,
        "relative_strength": 2.667599,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.840044,
        "energy": 42.732327,
        "activity_lines": [
          8.997333,
          8.717636,
          8.414333,
          8.172731
        ]
      },
      {
        "date": "2024-09-27",
        "close": 9.03,
        "volume": 582319,
        "typical_volume": 891880.0,
        "trend": 7.982,
        "fair_value": 12.029869,
        "relative_strength": -3.479085,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.861485,
        "energy": 46.821565,
        "activity_lines": [
          9.143333,
          8.770182,
          8.505095,
          8.239892
        ]
      },
      {
        "date": "2024-10-04",
        "close": 8.72,
        "volume": 575356,
        "typical_volume": 871023.75,
        "trend": 7.993333,
        "fair_value": 12.008377,
        "relative_strength": -6.252076,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.962962,
        "energy": 45.402132,
        "activity_lines": [
          9.09,
          8.759818,
          8.558143,
          8.287505
        ]
      },
      {
        "date": "2024-10-11",
        "close": 9.08,
        "volume": 428076,
        "typical_volume": 851939.2,
        "trend": 8.056,
        "fair_value": 11.989484,
        "relative_strength": -3.094332,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.544722,
        "energy": 38.05788,
        "activity_lines": [
          9.105333,
          8.844727,
          8.638571,
          8.357613
        ]
      },
      {
        "date": "2024-10-18",
        "close": 11.74,
        "volume": 1931630,
        "typical_volume": 870686.35,
        "trend": 8.166667,
        "fair_value": 11.987885,
        "relative_strength": 25.026774,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.118258,
        "energy": 59.136301,
        "activity_lines": [
          9.920667,
          9.416182,
          8.962571,
          8.59529
        ]
      },
      {
        "date": "2024-10-25",
        "close": 10.92,
        "volume": 1305118,
        "typical_volume": 902308.4,
        "trend": 8.269,
        "fair_value": 11.963013,
        "relative_strength": 15.98797,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.251585,
        "energy": 65.829931,
        "activity_lines": [
          10.351333,
          9.776,
          9.187571,
          8.772925
        ]
      },
      {
        "date": "2024-11-01",
        "close": 10.15,
        "volume": 706124,
        "typical_volume": 910642.55,
        "trend": 8.367333,
        "fair_value": 11.908269,
        "relative_strength": 10.898562,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.115704,
        "energy": 65.039215,
        "activity_lines": [
          10.435333,
          9.940545,
          9.323,
          8.89428
        ]
      },
      {
        "date": "2024-11-08",
        "close": 10.88,
        "volume": 840411,
        "typical_volume": 918999.95,
        "trend": 8.478667,
        "fair_value": 11.865897,
        "relative_strength": 12.618213,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.030903,
        "energy": 70.183616,
        "activity_lines": [
          10.688,
          10.191273,
          9.514524,
          9.056387
        ]
      },
      {
        "date": "2024-11-15",
        "close": 9.47,
        "volume": 833010,
        "typical_volume": 848804.3,
        "trend": 8.554667,
        "fair_value": 11.782372,
        "relative_strength": 1.705639,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.776954,
        "energy": 37.852406,
        "activity_lines": [
          10.326667,
          10.132364,
          9.554238,
          9.120344
        ]
      },
      {
        "date": "2024-11-22",
        "close": 8.95,
        "volume": 1934358,
        "typical_volume": 919181.7,
        "trend": 8.612333,
        "fair_value": 11.694744,
        "relative_strength": -5.333967,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.267677,
        "energy": 18.278175,
        "activity_lines": [
          9.766,
          9.948182,
          9.535333,
          9.145849
        ]
      },
      {
        "date": "2024-11-29",
        "close": 9.31,
        "volume": 738284,
        "typical_volume": 912014.4,
        "trend": 8.659667,
        "fair_value": 11.635128,
        "relative_strength": -2.001199,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.994493,
        "energy": 17.689089,
        "activity_lines": [
          9.511333,
          9.849818,
          9.541476,
          9.19086
        ]
      },
      {
        "date": "2024-12-06",
        "close": 8.97,
        "volume": 789239,
        "typical_volume": 917244.55,
        "trend": 8.715,
        "fair_value": 11.582051,
        "relative_strength": -8.067493,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.703668,
        "energy": 18.509329,
        "activity_lines": [
          9.250667,
          9.694364,
          9.511667,
          9.210882
        ]
      },
      {
        "date": "2024-12-13",
        "close": 8.41,
        "volume": 939417,
        "typical_volume": 928019.25,
        "trend": 8.753,
        "fair_value": 11.532692,
        "relative_strength": -13.883704,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.733614,
        "energy": 18.560265,
        "activity_lines": [
          8.882,
          9.438182,
          9.427095,
          9.191204
        ]
      },
      {
        "date": "2024-12-20",
        "close": 8.2,
        "volume": 1589309,
        "typical_volume": 896693.95,
        "trend": 8.792,
        "fair_value": 11.482436,
        "relative_strength": -13.602781,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.056764,
        "energy": 26.511813,
        "activity_lines": [
          8.608,
          9.149455,
          9.33181,
          9.155527
        ]
      },
      {
        "date": "2024-12-27",
        "close": 8.33,
        "volume": 384830,
        "typical_volume": 883137.4,
        "trend": 8.824667,
        "fair_value": 11.426987,
        "relative_strength": -12.492325,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.68645,
        "energy": 34.754296,
        "activity_lines": [
          8.462,
          8.900364,
          9.253857,
          9.12572
        ]
      },
      {
        "date": "2025-01-03",
        "close": 8.45,
        "volume": 395439,
        "typical_volume": 885154.45,
        "trend": 8.856,
        "fair_value": 11.372628,
        "relative_strength": -9.966465,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.538359,
        "energy": 38.391272,
        "activity_lines": [
          8.397333,
          8.735091,
          9.18719,
          9.101548
        ]
      },
      {
        "date": "2025-01-10",
        "close": 7.6,
        "volume": 674564,
        "typical_volume": 886170.35,
        "trend": 8.865,
        "fair_value": 11.316218,
        "relative_strength": -16.711358,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.61683,
        "energy": 44.686617,
        "activity_lines": [
          8.106667,
          8.460182,
          9.036857,
          9.020516
        ]
      },
      {
        "date": "2025-01-17",
        "close": 7.77,
        "volume": 600190,
        "typical_volume": 893803.35,
        "trend": 8.884,
        "fair_value": 11.251859,
        "relative_strength": -16.910201,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.672925,
        "energy": 51.829145,
        "activity_lines": [
          7.964,
          8.262545,
          8.902667,
          8.949871
        ]
      },
      {
        "date": "2025-01-24",
        "close": 7.89,
        "volume": 513246,
        "typical_volume": 900110.7,
        "trend": 8.895,
        "fair_value": 11.188654,
        "relative_strength": -16.604893,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -61.398455,
        "energy": 59.481931,
        "activity_lines": [
          7.904,
          8.143273,
          8.780762,
          8.885742
        ]
      },
      {
        "date": "2025-01-31",
        "close": 7.85,
        "volume": 727516,
        "typical_volume": 884097.85,
        "trend": 8.923,
        "fair_value": 11.123333,
        "relative_strength": -15.571792,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.550094,
        "energy": 61.117106,
        "activity_lines": [
          7.851333,
          8.045455,
          8.654524,
          8.818323
        ]
      },
      {
        "date": "2025-02-07",
        "close": 7.8,
        "volume": 591066,
        "typical_volume": 853975.1,
        "trend": 8.897667,
        "fair_value": 11.059103,
        "relative_strength": -15.760457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.838941,
        "energy": 56.309403,
        "activity_lines": [
          7.814,
          7.958545,
          8.534095,
          8.745871
        ]
      },
      {
        "date": "2025-02-14",
        "close": 7.95,
        "volume": 841950,
        "typical_volume": 866956.65,
        "trend": 8.873667,
        "fair_value": 10.995321,
        "relative_strength": -16.034157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.3829,
        "energy": 44.633143,
        "activity_lines": [
          7.87,
          7.926364,
          8.436381,
          8.684731
        ]
      },
      {
        "date": "2025-02-21",
        "close": 7.51,
        "volume": 598844,
        "typical_volume": 868131.05,
        "trend": 8.778667,
        "fair_value": 10.926731,
        "relative_strength": -18.30799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.375388,
        "energy": 51.900269,
        "activity_lines": [
          7.756,
          7.832727,
          8.301905,
          8.596753
        ]
      },
      {
        "date": "2025-02-28",
        "close": 7.49,
        "volume": 749020,
        "typical_volume": 884178.25,
        "trend": 8.720333,
        "fair_value": 10.853013,
        "relative_strength": -15.082184,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.926857,
        "energy": 51.998332,
        "activity_lines": [
          7.652667,
          7.751818,
          8.171286,
          8.513613
        ]
      },
      {
        "date": "2025-03-07",
        "close": 7.4,
        "volume": 1001931,
        "typical_volume": 837693.3,
        "trend": 8.690333,
        "fair_value": 10.777244,
        "relative_strength": -12.90735,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.791902,
        "energy": 59.277386,
        "activity_lines": [
          7.546,
          7.667455,
          8.039667,
          8.42843
        ]
      },
      {
        "date": "2025-03-14",
        "close": 7.35,
        "volume": 630775,
        "typical_volume": 803976.15,
        "trend": 8.672667,
        "fair_value": 10.683333,
        "relative_strength": -11.172982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.35526,
        "energy": 64.185079,
        "activity_lines": [
          7.452667,
          7.590909,
          7.923952,
          8.341957
        ]
      },
      {
        "date": "2025-03-21",
        "close": 7.5,
        "volume": 1005183,
        "typical_volume": 818929.1,
        "trend": 8.669667,
        "fair_value": 10.595705,
        "relative_strength": -9.243473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.665195,
        "energy": 59.357007,
        "activity_lines": [
          7.439333,
          7.561636,
          7.839524,
          8.266301
        ]
      },
      {
        "date": "2025-03-28",
        "close": 6.34,
        "volume": 5035434,
        "typical_volume": 1028680.25,
        "trend": 8.616,
        "fair_value": 10.496218,
        "relative_strength": -21.071867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.165169,
        "energy": 72.112278,
        "activity_lines": [
          7.069333,
          7.323273,
          7.657238,
          8.116
        ]
      },
      {
        "date": "2025-04-04",
        "close": 5.43,
        "volume": 2278512,
        "typical_volume": 1100955.35,
        "trend": 8.537667,
        "fair_value": 10.407692,
        "relative_strength": -24.696286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.361532,
        "energy": 87.08253,
        "activity_lines": [
          6.474,
          6.945455,
          7.409905,
          7.910452
        ]
      },
      {
        "date": "2025-04-11",
        "close": 5.3,
        "volume": 1487682,
        "typical_volume": 1078621.55,
        "trend": 8.378667,
        "fair_value": 10.327244,
        "relative_strength": -31.193764,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.091144,
        "energy": 92.443502,
        "activity_lines": [
          5.972667,
          6.588727,
          7.169429,
          7.70157
        ]
      },
      {
        "date": "2025-04-18",
        "close": 5.36,
        "volume": 569833,
        "typical_volume": 1070199.0,
        "trend": 8.238333,
        "fair_value": 10.253397,
        "relative_strength": -28.364048,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.571308,
        "energy": 90.478304,
        "activity_lines": [
          5.631333,
          6.289273,
          6.952048,
          7.506817
        ]
      },
      {
        "date": "2025-04-25",
        "close": 5.38,
        "volume": 921170,
        "typical_volume": 1076795.55,
        "trend": 8.116667,
        "fair_value": 10.179167,
        "relative_strength": -32.002688,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.300806,
        "energy": 87.313587,
        "activity_lines": [
          5.429333,
          6.037818,
          6.755381,
          7.322409
        ]
      },
      {
        "date": "2025-05-02",
        "close": 6.15,
        "volume": 699126,
        "typical_volume": 1064781.0,
        "trend": 8.031,
        "fair_value": 10.103846,
        "relative_strength": -24.367281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.236603,
        "energy": 63.613971,
        "activity_lines": [
          5.625333,
          5.973091,
          6.649143,
          7.195527
        ]
      },
      {
        "date": "2025-05-09",
        "close": 5.23,
        "volume": 1129736,
        "typical_volume": 1041802.35,
        "trend": 7.902667,
        "fair_value": 10.031346,
        "relative_strength": -35.124166,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.264119,
        "energy": 60.259872,
        "activity_lines": [
          5.527333,
          5.765818,
          6.466048,
          7.014817
        ]
      },
      {
        "date": "2025-05-16",
        "close": 5.95,
        "volume": 1871561,
        "typical_volume": 1116138.9,
        "trend": 7.709667,
        "fair_value": 9.960385,
        "relative_strength": -30.553147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.545365,
        "energy": 45.260532,
        "activity_lines": [
          5.682667,
          5.730545,
          6.365667,
          6.888839
        ]
      },
      {
        "date": "2025-05-23",
        "close": 5.89,
        "volume": 1125377,
        "typical_volume": 1152635.8,
        "trend": 7.542,
        "fair_value": 9.889103,
        "relative_strength": -29.275971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.859581,
        "energy": 33.920856,
        "activity_lines": [
          5.774667,
          5.710727,
          6.270905,
          6.771441
        ]
      },
      {
        "date": "2025-05-30",
        "close": 5.86,
        "volume": 627382,
        "typical_volume": 1150276.7,
        "trend": 7.399,
        "fair_value": 9.81391,
        "relative_strength": -30.5561,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.536575,
        "energy": 32.153634,
        "activity_lines": [
          5.821333,
          5.712,
          6.185476,
          6.662925
        ]
      },
      {
        "date": "2025-06-06",
        "close": 6.5,
        "volume": 1046987,
        "typical_volume": 1172616.55,
        "trend": 7.253,
        "fair_value": 9.759038,
        "relative_strength": -24.179448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.903687,
        "energy": 19.985752,
        "activity_lines": [
          6.049333,
          5.859455,
          6.169286,
          6.604925
        ]
      },
      {
        "date": "2025-06-13",
        "close": 6.42,
        "volume": 1010394,
        "typical_volume": 1197473.95,
        "trend": 7.151333,
        "fair_value": 9.711987,
        "relative_strength": -24.403826,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.666484,
        "energy": 17.912823,
        "activity_lines": [
          6.227333,
          5.989455,
          6.151524,
          6.551183
        ]
      },
      {
        "date": "2025-06-20",
        "close": 6.04,
        "volume": 835725,
        "typical_volume": 1202884.4,
        "trend": 7.054333,
        "fair_value": 9.665385,
        "relative_strength": -28.552127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.048672,
        "energy": 16.15735,
        "activity_lines": [
          6.199333,
          6.032364,
          6.104571,
          6.479484
        ]
      },
      {
        "date": "2025-06-27",
        "close": 6.28,
        "volume": 2024245,
        "typical_volume": 1274543.35,
        "trend": 6.953333,
        "fair_value": 9.614551,
        "relative_strength": -28.295483,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.735181,
        "energy": 13.368285,
        "activity_lines": [
          6.245333,
          6.105455,
          6.089095,
          6.429527
        ]
      },
      {
        "date": "2025-07-04",
        "close": 6.56,
        "volume": 572817,
        "typical_volume": 1261086.7,
        "trend": 6.873,
        "fair_value": 9.559487,
        "relative_strength": -25.978269,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.232671,
        "energy": 9.889731,
        "activity_lines": [
          6.358667,
          6.212727,
          6.107524,
          6.404151
        ]
      },
      {
        "date": "2025-07-11",
        "close": 6.4,
        "volume": 731132,
        "typical_volume": 1267701.1,
        "trend": 6.806,
        "fair_value": 9.508462,
        "relative_strength": -27.005269,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.14475,
        "energy": 8.707813,
        "activity_lines": [
          6.372,
          6.269455,
          6.117333,
          6.373634
        ]
      },
      {
        "date": "2025-07-18",
        "close": 6.71,
        "volume": 852629,
        "typical_volume": 1272881.55,
        "trend": 6.756333,
        "fair_value": 9.464295,
        "relative_strength": -23.840694,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.46722,
        "energy": 9.071342,
        "activity_lines": [
          6.495333,
          6.378,
          6.161952,
          6.367441
        ]
      },
      {
        "date": "2025-07-25",
        "close": 7.23,
        "volume": 639004,
        "typical_volume": 1254735.2,
        "trend": 6.719667,
        "fair_value": 9.419231,
        "relative_strength": -17.69731,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.374337,
        "energy": 33.560936,
        "activity_lines": [
          6.772667,
          6.554182,
          6.25981,
          6.398
        ]
      },
      {
        "date": "2025-08-01",
        "close": 6.74,
        "volume": 1069732,
        "typical_volume": 1276683.05,
        "trend": 6.662667,
        "fair_value": 9.363654,
        "relative_strength": -20.705803,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 16.284149,
        "energy": 28.685856,
        "activity_lines": [
          6.807333,
          6.618,
          6.31181,
          6.399312
        ]
      },
      {
        "date": "2025-08-08",
        "close": 6.8,
        "volume": 757624,
        "typical_volume": 1264305.1,
        "trend": 6.636,
        "fair_value": 9.285513,
        "relative_strength": -22.225488,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.188132,
        "energy": 30.587967,
        "activity_lines": [
          6.831333,
          6.677273,
          6.372429,
          6.408172
        ]
      },
      {
        "date": "2025-08-15",
        "close": 6.72,
        "volume": 673852,
        "typical_volume": 1046226.0,
        "trend": 6.601,
        "fair_value": 9.223526,
        "relative_strength": -23.02148,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.665665,
        "energy": 28.801749,
        "activity_lines": [
          6.812667,
          6.704909,
          6.428762,
          6.413591
        ]
      },
      {
        "date": "2025-08-22",
        "close": 6.55,
        "volume": 757066,
        "typical_volume": 970153.7,
        "trend": 6.556333,
        "fair_value": 9.181154,
        "relative_strength": -23.83343,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.223429,
        "energy": 13.432384,
        "activity_lines": [
          6.716,
          6.697636,
          6.467095,
          6.410301
        ]
      },
      {
        "date": "2025-08-29",
        "close": 6.26,
        "volume": 709150,
        "typical_volume": 931227.1,
        "trend": 6.503333,
        "fair_value": 9.137308,
        "relative_strength": -26.458759,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.126198,
        "energy": 4.335862,
        "activity_lines": [
          6.533333,
          6.635273,
          6.472476,
          6.391183
        ]
      },
      {
        "date": "2025-09-05",
        "close": 6.48,
        "volume": 503401,
        "typical_volume": 927905.5,
        "trend": 6.459333,
        "fair_value": 9.079744,
        "relative_strength": -24.016373,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.201862,
        "energy": 6.105793,
        "activity_lines": [
          6.488667,
          6.608909,
          6.494238,
          6.389677
        ]
      },
      {
        "date": "2025-09-12",
        "close": 6.18,
        "volume": 1063986,
        "typical_volume": 935046.3,
        "trend": 6.400333,
        "fair_value": 9.023462,
        "relative_strength": -27.833964,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.88425,
        "energy": 13.053538,
        "activity_lines": [
          6.361333,
          6.524364,
          6.482095,
          6.371656
        ]
      },
      {
        "date": "2025-09-19",
        "close": 6.08,
        "volume": 2944607,
        "typical_volume": 1047320.35,
        "trend": 6.352667,
        "fair_value": 8.967179,
        "relative_strength": -29.595685,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.644235,
        "energy": 20.047998,
        "activity_lines": [
          6.242,
          6.428545,
          6.456619,
          6.350989
        ]
      },
      {
        "date": "2025-09-26",
        "close": 6.16,
        "volume": 959539,
        "typical_volume": 1038810.5,
        "trend": 6.308333,
        "fair_value": 8.890513,
        "relative_strength": -27.544222,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.310521,
        "energy": 17.477814,
        "activity_lines": [
          6.192,
          6.353091,
          6.439095,
          6.338559
        ]
      },
      {
        "date": "2025-10-03",
        "close": 6.05,
        "volume": 848532,
        "typical_volume": 987659.05,
        "trend": 6.263333,
        "fair_value": 8.841026,
        "relative_strength": -28.926124,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.710612,
        "energy": 24.617824,
        "activity_lines": [
          6.131333,
          6.267636,
          6.406667,
          6.321892
        ]
      },
      {
        "date": "2025-10-10",
        "close": 5.92,
        "volume": 1070405,
        "typical_volume": 984910.45,
        "trend": 6.215667,
        "fair_value": 8.792051,
        "relative_strength": -28.00948,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.206364,
        "energy": 33.03086,
        "activity_lines": [
          6.041333,
          6.18,
          6.361381,
          6.299742
        ]
      },
      {
        "date": "2025-10-17",
        "close": 5.67,
        "volume": 2184846,
        "typical_volume": 1062783.65,
        "trend": 6.154667,
        "fair_value": 8.748333,
        "relative_strength": -31.326164,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.481634,
        "energy": 37.786787,
        "activity_lines": [
          5.905333,
          6.061818,
          6.292143,
          6.264538
        ]
      },
      {
        "date": "2025-10-24",
        "close": 5.86,
        "volume": 1785148,
        "typical_volume": 1099691.7,
        "trend": 6.138667,
        "fair_value": 8.702564,
        "relative_strength": -29.279458,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.444854,
        "energy": 36.321942,
        "activity_lines": [
          5.866667,
          5.998727,
          6.241905,
          6.245527
        ]
      },
      {
        "date": "2025-10-31",
        "close": 6.13,
        "volume": 1015191,
        "typical_volume": 1099931.55,
        "trend": 6.162,
        "fair_value": 8.664679,
        "relative_strength": -26.246704,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.169459,
        "energy": 27.024676,
        "activity_lines": [
          5.932667,
          6.000364,
          6.220429,
          6.244968
        ]
      },
      {
        "date": "2025-11-07",
        "close": 5.35,
        "volume": 1184521,
        "typical_volume": 1117371.35,
        "trend": 6.163667,
        "fair_value": 8.616538,
        "relative_strength": -32.360034,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.788681,
        "energy": 41.122048,
        "activity_lines": [
          5.740667,
          5.867818,
          6.126048,
          6.192581
        ]
      },
      {
        "date": "2025-11-14",
        "close": 5.53,
        "volume": 830691,
        "typical_volume": 1057693.65,
        "trend": 6.169333,
        "fair_value": 8.561474,
        "relative_strength": -28.920019,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -62.094983,
        "energy": 47.880304,
        "activity_lines": [
          5.655333,
          5.784545,
          6.052095,
          6.151699
        ]
      },
      {
        "date": "2025-11-21",
        "close": 5.44,
        "volume": 1042027,
        "typical_volume": 1081154.15,
        "trend": 6.171333,
        "fair_value": 8.507885,
        "relative_strength": -26.907472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.702033,
        "energy": 54.560912,
        "activity_lines": [
          5.566,
          5.702182,
          5.973143,
          6.104645
        ]
      },
      {
        "date": "2025-11-28",
        "close": 6.6,
        "volume": 1190372,
        "typical_volume": 1104116.15,
        "trend": 6.186333,
        "fair_value": 8.46609,
        "relative_strength": -14.495961,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.570231,
        "energy": 18.581496,
        "activity_lines": [
          5.878667,
          5.844182,
          6.01,
          6.132301
        ]
      },
      {
        "date": "2025-12-05",
        "close": 6.43,
        "volume": 725520,
        "typical_volume": 1097760.7,
        "trend": 6.226333,
        "fair_value": 8.429167,
        "relative_strength": -16.647382,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.738415,
        "energy": 12.531253,
        "activity_lines": [
          6.085333,
          5.945818,
          6.029714,
          6.148022
        ]
      },
      {
        "date": "2025-12-12",
        "close": 6.54,
        "volume": 750180,
        "typical_volume": 1103319.5,
        "trend": 6.246,
        "fair_value": 8.393077,
        "relative_strength": -12.865687,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.514936,
        "energy": 19.370522,
        "activity_lines": [
          6.308667,
          6.062545,
          6.061238,
          6.168258
        ]
      },
      {
        "date": "2025-12-19",
        "close": 5.86,
        "volume": 1020632,
        "typical_volume": 1100864.5,
        "trend": 6.245,
        "fair_value": 8.360897,
        "relative_strength": -21.570671,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.261443,
        "energy": 20.207115,
        "activity_lines": [
          6.226,
          6.046727,
          6.031286,
          6.143355
        ]
      },
      {
        "date": "2025-12-26",
        "close": 5.87,
        "volume": 549116,
        "typical_volume": 1090439.1,
        "trend": 6.245333,
        "fair_value": 8.331218,
        "relative_strength": -21.575193,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.253424,
        "energy": 13.466801,
        "activity_lines": [
          6.124667,
          6.033818,
          6.006476,
          6.119161
        ]
      },
      {
        "date": "2026-01-02",
        "close": 5.3,
        "volume": 1031893,
        "typical_volume": 1108341.15,
        "trend": 6.205333,
        "fair_value": 8.297885,
        "relative_strength": -27.042494,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.374892,
        "energy": 30.411791,
        "activity_lines": [
          5.804667,
          5.913636,
          5.93181,
          6.058172
        ]
      },
      {
        "date": "2026-01-09",
        "close": 5.09,
        "volume": 1117132,
        "typical_volume": 1126344.45,
        "trend": 6.161,
        "fair_value": 8.257436,
        "relative_strength": -30.665409,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.95694,
        "energy": 53.898338,
        "activity_lines": [
          5.501333,
          5.765455,
          5.843905,
          5.986215
        ]
      },
      {
        "date": "2026-01-16",
        "close": 5.02,
        "volume": 724835,
        "typical_volume": 1127128.7,
        "trend": 6.127,
        "fair_value": 8.222308,
        "relative_strength": -30.236989,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.129418,
        "energy": 67.25709,
        "activity_lines": [
          5.264,
          5.623455,
          5.756286,
          5.912602
        ]
      },
      {
        "date": "2026-01-23",
        "close": 5.68,
        "volume": 820564,
        "typical_volume": 1142986.85,
        "trend": 6.107,
        "fair_value": 8.194167,
        "relative_strength": -20.477554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.659758,
        "energy": 59.153157,
        "activity_lines": [
          5.348,
          5.607455,
          5.737429,
          5.883763
        ]
      },
      {
        "date": "2026-01-30",
        "close": 5.6,
        "volume": 883820,
        "typical_volume": 1133978.55,
        "trend": 6.075,
        "fair_value": 8.165128,
        "relative_strength": -20.679156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.611282,
        "energy": 45.883189,
        "activity_lines": [
          5.417333,
          5.574182,
          5.714762,
          5.851054
        ]
      },
      {
        "date": "2026-02-06",
        "close": 5.6,
        "volume": 1094675,
        "typical_volume": 1041481.95,
        "trend": 6.048333,
        "fair_value": 8.132179,
        "relative_strength": -18.285646,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.612079,
        "energy": 26.857972,
        "activity_lines": [
          5.504667,
          5.538,
          5.694857,
          5.820409
        ]
      },
      {
        "date": "2026-02-13",
        "close": 5.57,
        "volume": 809657,
        "typical_volume": 1033987.85,
        "trend": 6.010333,
        "fair_value": 8.101603,
        "relative_strength": -16.884329,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.58528,
        "energy": 15.764764,
        "activity_lines": [
          5.562,
          5.514545,
          5.674381,
          5.789548
        ]
      },
      {
        "date": "2026-02-20",
        "close": 5.41,
        "volume": 1187336,
        "typical_volume": 1050928.05,
        "trend": 5.949667,
        "fair_value": 8.070192,
        "relative_strength": -19.425461,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.44199,
        "energy": 18.280731,
        "activity_lines": [
          5.534,
          5.477636,
          5.641476,
          5.750817
        ]
      },
      {
        "date": "2026-02-27",
        "close": 5.89,
        "volume": 849561,
        "typical_volume": 1039885.85,
        "trend": 5.921333,
        "fair_value": 8.042436,
        "relative_strength": -11.265633,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.619589,
        "energy": 11.549893,
        "activity_lines": [
          5.64,
          5.548545,
          5.657333,
          5.746968
        ]
      },
      {
        "date": "2026-03-06",
        "close": 5.6,
        "volume": 1534298,
        "typical_volume": 1007358.45,
        "trend": 5.881333,
        "fair_value": 8.014231,
        "relative_strength": -13.695448,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.100407,
        "energy": 12.364154,
        "activity_lines": [
          5.635333,
          5.566182,
          5.645714,
          5.726237
        ]
      },
      {
        "date": "2026-03-13",
        "close": 5.94,
        "volume": 1312564,
        "typical_volume": 983729.25,
        "trend": 5.855333,
        "fair_value": 7.985962,
        "relative_strength": -6.630311,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.043455,
        "energy": 10.036955,
        "activity_lines": [
          5.744,
          5.650545,
          5.66681,
          5.730022
        ]
      },
      {
        "date": "2026-03-20",
        "close": 6.55,
        "volume": 1722090,
        "typical_volume": 1019074.2,
        "trend": 5.855333,
        "fair_value": 7.96641,
        "relative_strength": 5.860938,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.566058,
        "energy": 22.438213,
        "activity_lines": [
          6.033333,
          5.834182,
          5.745619,
          5.774839
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6.27,
        "volume": 1218987,
        "typical_volume": 1020797.5,
        "trend": 5.855667,
        "fair_value": 7.947115,
        "relative_strength": 5.17758,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.166266,
        "energy": 29.3017,
        "activity_lines": [
          6.164,
          5.940364,
          5.795762,
          5.801591
        ]
      },
      {
        "date": "2026-04-03",
        "close": 6.54,
        "volume": 1104973,
        "typical_volume": 1034511.6,
        "trend": 5.857667,
        "fair_value": 7.933718,
        "relative_strength": 5.837925,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.962503,
        "energy": 47.44719,
        "activity_lines": [
          6.327333,
          6.072909,
          5.867238,
          5.845742
        ]
      },
      {
        "date": "2026-04-10",
        "close": 6.8,
        "volume": 1875884,
        "typical_volume": 1076204.45,
        "trend": 5.878333,
        "fair_value": 7.921538,
        "relative_strength": 5.460695,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 67.965876,
        "energy": 65.418652,
        "activity_lines": [
          6.534,
          6.237091,
          5.958667,
          5.906538
        ]
      },
      {
        "date": "2026-04-17",
        "close": 7.29,
        "volume": 1677345,
        "typical_volume": 1100553.1,
        "trend": 5.918667,
        "fair_value": 7.911859,
        "relative_strength": 6.65041,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.52387,
        "energy": 71.074295,
        "activity_lines": [
          6.824,
          6.468545,
          6.090286,
          5.997613
        ]
      },
      {
        "date": "2026-04-24",
        "close": 7.27,
        "volume": 1568721,
        "typical_volume": 1142713.15,
        "trend": 5.955667,
        "fair_value": 7.900513,
        "relative_strength": 4.155126,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.879558,
        "energy": 74.049381,
        "activity_lines": [
          7.017333,
          6.665636,
          6.216714,
          6.084796
        ]
      },
      {
        "date": "2026-05-01",
        "close": 7.01,
        "volume": 980223,
        "typical_volume": 1154215.3,
        "trend": 5.987667,
        "fair_value": 7.883205,
        "relative_strength": -0.694852,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.015788,
        "energy": 68.001676,
        "activity_lines": [
          7.076,
          6.784545,
          6.314381,
          6.152817
        ]
      },
      {
        "date": "2026-05-08",
        "close": 8.4,
        "volume": 10187313,
        "typical_volume": 1612549.35,
        "trend": 6.070333,
        "fair_value": 7.871346,
        "relative_strength": 12.574593,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.751268,
        "energy": 77.766394,
        "activity_lines": [
          7.548667,
          7.127091,
          6.54219,
          6.308452
        ]
      },
      {
        "date": "2026-05-15",
        "close": 7.74,
        "volume": 2259405,
        "typical_volume": 1698063.8,
        "trend": 6.139333,
        "fair_value": 7.841987,
        "relative_strength": 4.167841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.240182,
        "energy": 65.001909,
        "activity_lines": [
          7.677333,
          7.304,
          6.695048,
          6.416172
        ]
      },
      {
        "date": "2026-05-22",
        "close": 7.6,
        "volume": 3220277,
        "typical_volume": 1807483.0,
        "trend": 6.197333,
        "fair_value": 7.81891,
        "relative_strength": 1.245304,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.435934,
        "energy": 51.35884,
        "activity_lines": [
          7.696667,
          7.416545,
          6.825667,
          6.510409
        ]
      },
      {
        "date": "2026-05-29",
        "close": 7.47,
        "volume": 1322680,
        "typical_volume": 1817760.4,
        "trend": 6.242,
        "fair_value": 7.789231,
        "relative_strength": -3.069962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.513673,
        "energy": 47.993766,
        "activity_lines": [
          7.652,
          7.475273,
          6.932952,
          6.592516
        ]
      },
      {
        "date": "2026-06-05",
        "close": 6.63,
        "volume": 1915298,
        "typical_volume": 1877283.55,
        "trend": 6.284667,
        "fair_value": 7.751731,
        "relative_strength": -9.427387,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.843917,
        "energy": 27.956488,
        "activity_lines": [
          7.314,
          7.364545,
          6.948905,
          6.617548
        ]
      },
      {
        "date": "2026-06-12",
        "close": 6.41,
        "volume": 3348416,
        "typical_volume": 2003676.15,
        "trend": 6.314,
        "fair_value": 7.711474,
        "relative_strength": -13.876014,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.438183,
        "energy": 18.380644,
        "activity_lines": [
          6.928,
          7.207273,
          6.936238,
          6.625634
        ]
      },
      {
        "date": "2026-06-19",
        "close": 6.34,
        "volume": 2873488,
        "typical_volume": 2103159.55,
        "trend": 6.344,
        "fair_value": 7.671346,
        "relative_strength": -16.575858,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.24359,
        "energy": 19.626779,
        "activity_lines": [
          6.651333,
          7.039636,
          6.913429,
          6.627312
        ]
      },
      {
        "date": "2026-06-26",
        "close": 7.0,
        "volume": 3579625,
        "typical_volume": 2227407.05,
        "trend": 6.357333,
        "fair_value": 7.637051,
        "relative_strength": -3.263655,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.830479,
        "energy": 21.130311,
        "activity_lines": [
          6.688,
          7.000364,
          6.949952,
          6.669634
        ]
      },
      {
        "date": "2026-07-03",
        "close": 7.74,
        "volume": 3286950,
        "typical_volume": 2351271.7,
        "trend": 6.401,
        "fair_value": 7.612115,
        "relative_strength": 6.244785,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.863043,
        "energy": 21.046154,
        "activity_lines": [
          7.011333,
          7.100909,
          7.050286,
          6.758839
        ]
      },
      {
        "date": "2026-07-10",
        "close": 6.84,
        "volume": 3829351,
        "typical_volume": 2483372.45,
        "trend": 6.411,
        "fair_value": 7.577692,
        "relative_strength": -7.403249,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.332314,
        "energy": 10.771621,
        "activity_lines": [
          7.016667,
          7.029273,
          7.054571,
          6.787161
        ]
      },
      {
        "date": "2026-07-17",
        "close": 6.99,
        "volume": 2280160,
        "typical_volume": 2554902.4,
        "trend": 6.448667,
        "fair_value": 7.546795,
        "relative_strength": -0.901085,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.790756,
        "energy": 18.195161,
        "activity_lines": [
          7.058,
          6.988,
          7.066333,
          6.824516
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.05,
        "volume": 1697307,
        "typical_volume": 2563052.85,
        "trend": 6.488,
        "fair_value": 7.516474,
        "relative_strength": 2.056416,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.832342,
        "energy": 18.370675,
        "activity_lines": [
          7.080667,
          6.983273,
          7.078571,
          6.863312
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.01,
        "volume": 1759702,
        "typical_volume": 2585409.75,
        "trend": 6.545,
        "fair_value": 7.489487,
        "relative_strength": 1.313461,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.147823,
        "energy": 12.644624,
        "activity_lines": [
          7.042667,
          6.983818,
          7.080095,
          6.896989
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.99,
        "volume": 2130413,
        "typical_volume": 2605825.9,
        "trend": 6.641667,
        "fair_value": 7.472051,
        "relative_strength": 10.055079,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.073614,
        "energy": 38.58539,
        "activity_lines": [
          7.330667,
          7.173273,
          7.169857,
          6.990215
        ]
      }
    ],
    "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."
    }
  }
}