{
  "ticker": {
    "uuid": "bd6beb8d-02ea-412b-b8dd-5d577460a474",
    "symbol": "ANGI",
    "name": "ANGI Homeservices 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -68.986,
    "architecture_energy": 43.823,
    "architecture_maturity": 100.0,
    "architecture_confidence": 86.969,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 33.07,
        "rotation_up": 23.07,
        "upward_expansion": 4.69,
        "deceleration": 55.0,
        "rotation_down": 50.98,
        "downward_expansion": 75.69
      },
      "activity_lines": [
        5.463333,
        5.641636,
        5.820905,
        6.28643
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 4.84,
    "trend_reference": 7.330667,
    "distance_from_trend": -0.33976,
    "trend_direction": "Weakening",
    "fair_value": 17.116731,
    "distance_from_fair_value": -0.717236,
    "fair_value_direction": "Weakening",
    "relative_strength": -60.145976,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.591561,
    "excess_performance": -0.779015,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.33976,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.23306,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.717236,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.017158,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.60146,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.030525,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.591561,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.225782,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5860432,
      "relative_activity": 1.146216,
      "balance": 1.225782,
      "dry_up": 0.685256,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.1978,
      "annualized_volatility": 0.89088,
      "from_high_reference": -0.742073,
      "from_low_reference": 0.13607
    },
    "levels": {
      "trend_reference": 7.330667,
      "fair_value_reference": 17.116731,
      "structural_low": 4.2603,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 39,
        "median_return": -0.023456,
        "positive_rate": 0.410256,
        "directional_follow_through": 0.589744,
        "median_excess_return": -0.0367,
        "regime_survival": 0.820513,
        "best_return": 0.412069,
        "worst_return": -0.351481,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": -0.035152,
        "positive_rate": 0.384615,
        "directional_follow_through": 0.615385,
        "median_excess_return": -0.07661,
        "regime_survival": 0.461538,
        "best_return": 0.453744,
        "worst_return": -0.480818,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": -0.224852,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.215406,
        "regime_survival": 0.5,
        "best_return": 0.364912,
        "worst_return": -0.493578,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.240881,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.413383,
        "regime_survival": 0.5,
        "best_return": 0.488372,
        "worst_return": -0.56941,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-04-26",
        "end": "2024-05-03",
        "tenure": "New",
        "return": 0.170507,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-10",
        "end": "2024-06-07",
        "tenure": "Developing",
        "return": -0.139918,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-14",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": 0.015075,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-08-16",
        "tenure": "New",
        "return": 0.024,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-23",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.074627,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2024-10-11",
        "tenure": "New",
        "return": -0.011538,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-18",
        "end": "2024-11-08",
        "tenure": "New",
        "return": -0.019531,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-15",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": -0.02907,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-27",
        "end": "2025-06-06",
        "tenure": "Established",
        "return": -0.000606,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": 0.176813,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-15",
        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.002732,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.244921,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-24",
        "end": "2025-11-14",
        "tenure": "New",
        "return": -0.235543,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-21",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.555963,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 23.6,
        "volume": 3779031,
        "typical_volume": 3192471.8,
        "trend": 28.343333,
        "fair_value": 78.465385,
        "relative_strength": -25.765,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.814839,
        "energy": 17.449299,
        "activity_lines": [
          29.793333,
          32.372727,
          31.934762,
          30.126882
        ]
      },
      {
        "date": "2023-08-25",
        "close": 22.0,
        "volume": 2332071,
        "typical_volume": 3229715.0,
        "trend": 28.096667,
        "fair_value": 77.714744,
        "relative_strength": -30.70531,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -40.333146,
        "energy": 46.285388,
        "activity_lines": [
          26.213333,
          30.334545,
          31.169524,
          29.717634
        ]
      },
      {
        "date": "2023-09-01",
        "close": 24.8,
        "volume": 2108493,
        "typical_volume": 3241678.95,
        "trend": 27.98,
        "fair_value": 77.064103,
        "relative_strength": -23.557377,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.718465,
        "energy": 44.957418,
        "activity_lines": [
          24.693333,
          28.996364,
          30.669048,
          29.504946
        ]
      },
      {
        "date": "2023-09-08",
        "close": 22.8,
        "volume": 1182189,
        "typical_volume": 3196770.8,
        "trend": 27.776667,
        "fair_value": 76.419231,
        "relative_strength": -27.692127,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.050552,
        "energy": 65.781888,
        "activity_lines": [
          23.446667,
          27.44,
          29.960476,
          29.170753
        ]
      },
      {
        "date": "2023-09-15",
        "close": 22.0,
        "volume": 2058858,
        "typical_volume": 3137021.3,
        "trend": 27.66,
        "fair_value": 75.897436,
        "relative_strength": -29.056893,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.586158,
        "energy": 66.222059,
        "activity_lines": [
          22.88,
          25.923636,
          29.164762,
          28.798065
        ]
      },
      {
        "date": "2023-09-22",
        "close": 19.9,
        "volume": 2199978,
        "typical_volume": 3119128.35,
        "trend": 27.51,
        "fair_value": 75.366026,
        "relative_strength": -32.784082,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.674713,
        "energy": 62.504268,
        "activity_lines": [
          21.833333,
          24.216364,
          28.17381,
          28.297419
        ]
      },
      {
        "date": "2023-09-29",
        "close": 19.8,
        "volume": 2095642,
        "typical_volume": 2974225.9,
        "trend": 27.326667,
        "fair_value": 74.721795,
        "relative_strength": -32.309898,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.318698,
        "energy": 57.780337,
        "activity_lines": [
          21.0,
          22.812727,
          27.194762,
          27.8
        ]
      },
      {
        "date": "2023-10-06",
        "close": 17.9,
        "volume": 1759470,
        "typical_volume": 2912178.9,
        "trend": 27.186667,
        "fair_value": 74.111538,
        "relative_strength": -39.020118,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.488813,
        "energy": 60.863395,
        "activity_lines": [
          19.68,
          21.410909,
          26.088095,
          27.191828
        ]
      },
      {
        "date": "2023-10-13",
        "close": 17.2,
        "volume": 2987680,
        "typical_volume": 2907349.2,
        "trend": 27.043333,
        "fair_value": 73.520513,
        "relative_strength": -40.996729,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -76.350267,
        "energy": 82.662312,
        "activity_lines": [
          18.586667,
          20.263636,
          24.980476,
          26.547527
        ]
      },
      {
        "date": "2023-10-20",
        "close": 17.2,
        "volume": 1756195,
        "typical_volume": 2832029.25,
        "trend": 26.9,
        "fair_value": 72.919872,
        "relative_strength": -38.808297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.520241,
        "energy": 85.008236,
        "activity_lines": [
          17.866667,
          19.476364,
          23.943333,
          25.912473
        ]
      },
      {
        "date": "2023-10-27",
        "close": 15.9,
        "volume": 3293264,
        "typical_volume": 2870088.65,
        "trend": 26.673333,
        "fair_value": 72.342308,
        "relative_strength": -41.477384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.054352,
        "energy": 86.89682,
        "activity_lines": [
          17.033333,
          18.6,
          22.85,
          25.202796
        ]
      },
      {
        "date": "2023-11-03",
        "close": 16.7,
        "volume": 2508914,
        "typical_volume": 2854362.4,
        "trend": 26.51,
        "fair_value": 71.807692,
        "relative_strength": -41.879533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.163728,
        "energy": 82.896661,
        "activity_lines": [
          16.733333,
          18.009091,
          21.909048,
          24.559355
        ]
      },
      {
        "date": "2023-11-10",
        "close": 17.5,
        "volume": 25551152,
        "typical_volume": 4023507.65,
        "trend": 26.39,
        "fair_value": 71.229487,
        "relative_strength": -40.250223,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.145356,
        "energy": 84.833182,
        "activity_lines": [
          16.906667,
          17.66,
          21.119524,
          23.978065
        ]
      },
      {
        "date": "2023-11-17",
        "close": 20.7,
        "volume": 4383825,
        "typical_volume": 4160652.95,
        "trend": 26.396667,
        "fair_value": 70.621154,
        "relative_strength": -30.325459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.179662,
        "energy": 58.545402,
        "activity_lines": [
          18.173333,
          18.025455,
          20.707619,
          23.610968
        ]
      },
      {
        "date": "2023-11-24",
        "close": 21.5,
        "volume": 1520100,
        "typical_volume": 4164368.6,
        "trend": 26.346667,
        "fair_value": 69.975641,
        "relative_strength": -27.931755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.712575,
        "energy": 40.068927,
        "activity_lines": [
          19.473333,
          18.574545,
          20.430476,
          23.295054
        ]
      },
      {
        "date": "2023-12-01",
        "close": 24.4,
        "volume": 7533837,
        "typical_volume": 4372247.7,
        "trend": 26.346667,
        "fair_value": 69.360256,
        "relative_strength": -17.909691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.880262,
        "energy": 30.251506,
        "activity_lines": [
          21.453333,
          19.66,
          20.481905,
          23.169462
        ]
      },
      {
        "date": "2023-12-08",
        "close": 24.8,
        "volume": 6671904,
        "typical_volume": 4531070.15,
        "trend": 26.14,
        "fair_value": 68.75641,
        "relative_strength": -16.844789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 8.533944,
        "energy": 31.101945,
        "activity_lines": [
          23.0,
          20.736364,
          20.634286,
          23.069677
        ]
      },
      {
        "date": "2023-12-15",
        "close": 24.8,
        "volume": 6372439,
        "typical_volume": 4758139.75,
        "trend": 25.91,
        "fair_value": 68.090385,
        "relative_strength": -19.191456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 9.847528,
        "energy": 35.00307,
        "activity_lines": [
          24.006667,
          21.721818,
          20.85381,
          22.983226
        ]
      },
      {
        "date": "2023-12-22",
        "close": 25.4,
        "volume": 3101271,
        "typical_volume": 4768258.35,
        "trend": 25.69,
        "fair_value": 67.402564,
        "relative_strength": -17.560924,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 14.300626,
        "energy": 39.404683,
        "activity_lines": [
          24.726667,
          22.690909,
          21.197619,
          22.950323
        ]
      },
      {
        "date": "2023-12-29",
        "close": 24.9,
        "volume": 2622180,
        "typical_volume": 4290924.65,
        "trend": 25.473333,
        "fair_value": 66.716346,
        "relative_strength": -18.871026,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 7.795681,
        "energy": 35.014354,
        "activity_lines": [
          24.966667,
          23.42,
          21.549048,
          22.899355
        ]
      },
      {
        "date": "2024-01-05",
        "close": 22.3,
        "volume": 2047360,
        "typical_volume": 4204341.1,
        "trend": 25.153333,
        "fair_value": 66.106731,
        "relative_strength": -24.268887,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 3.793119,
        "energy": 24.606399,
        "activity_lines": [
          24.113333,
          23.536364,
          21.654762,
          22.694624
        ]
      },
      {
        "date": "2024-01-12",
        "close": 22.8,
        "volume": 3105878,
        "typical_volume": 4243031.45,
        "trend": 24.83,
        "fair_value": 65.484936,
        "relative_strength": -24.164149,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -11.008621,
        "energy": 16.700512,
        "activity_lines": [
          23.566667,
          23.627273,
          21.814286,
          22.542796
        ]
      },
      {
        "date": "2024-01-19",
        "close": 21.7,
        "volume": 5248529,
        "typical_volume": 4400033.25,
        "trend": 24.46,
        "fair_value": 64.824038,
        "relative_strength": -28.882772,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -22.285361,
        "energy": 16.912308,
        "activity_lines": [
          22.786667,
          23.407273,
          21.865238,
          22.34086
        ]
      },
      {
        "date": "2024-01-26",
        "close": 24.2,
        "volume": 5366530,
        "typical_volume": 4609250.3,
        "trend": 24.166667,
        "fair_value": 64.083013,
        "relative_strength": -20.27551,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -15.305082,
        "energy": 15.219653,
        "activity_lines": [
          23.046667,
          23.565455,
          22.169048,
          22.324086
        ]
      },
      {
        "date": "2024-02-02",
        "close": 24.0,
        "volume": 2809529,
        "typical_volume": 4646783.85,
        "trend": 23.883333,
        "fair_value": 63.195192,
        "relative_strength": -21.106338,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -6.524915,
        "energy": 7.663625,
        "activity_lines": [
          23.32,
          23.623636,
          22.447143,
          22.313333
        ]
      },
      {
        "date": "2024-02-09",
        "close": 24.7,
        "volume": 2470066,
        "typical_volume": 4660288.25,
        "trend": 23.453333,
        "fair_value": 62.360577,
        "relative_strength": -19.412037,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 29.868879,
        "energy": 19.997274,
        "activity_lines": [
          23.886667,
          23.763636,
          22.782381,
          22.366022
        ]
      },
      {
        "date": "2024-02-16",
        "close": 29.9,
        "volume": 7456323,
        "typical_volume": 4928322.3,
        "trend": 23.153333,
        "fair_value": 61.569551,
        "relative_strength": -0.546701,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 56.614455,
        "energy": 63.685994,
        "activity_lines": [
          26.026667,
          24.843636,
          23.59,
          22.781935
        ]
      },
      {
        "date": "2024-02-23",
        "close": 28.1,
        "volume": 2424894,
        "typical_volume": 4961593.5,
        "trend": 22.793333,
        "fair_value": 60.791667,
        "relative_strength": -7.356324,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 70.538856,
        "energy": 74.966916,
        "activity_lines": [
          27.093333,
          25.503636,
          24.178095,
          23.101075
        ]
      },
      {
        "date": "2024-03-01",
        "close": 29.2,
        "volume": 2317088,
        "typical_volume": 4928063.9,
        "trend": 22.533333,
        "fair_value": 59.979487,
        "relative_strength": -5.125603,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.602544,
        "energy": 83.238487,
        "activity_lines": [
          28.1,
          26.303636,
          24.822381,
          23.514409
        ]
      },
      {
        "date": "2024-03-08",
        "close": 26.9,
        "volume": 3456630,
        "typical_volume": 5013085.65,
        "trend": 22.586667,
        "fair_value": 59.069872,
        "relative_strength": -10.893505,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.746075,
        "energy": 75.962762,
        "activity_lines": [
          28.006667,
          26.616364,
          25.190476,
          23.796129
        ]
      },
      {
        "date": "2024-03-15",
        "close": 25.5,
        "volume": 2706644,
        "typical_volume": 4983754.65,
        "trend": 22.65,
        "fair_value": 58.146795,
        "relative_strength": -14.247376,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.970622,
        "energy": 44.94917,
        "activity_lines": [
          27.253333,
          26.638182,
          25.379048,
          23.984086
        ]
      },
      {
        "date": "2024-03-22",
        "close": 25.5,
        "volume": 3190144,
        "typical_volume": 5017816.15,
        "trend": 22.766667,
        "fair_value": 57.425,
        "relative_strength": -16.457703,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.157753,
        "energy": 29.455542,
        "activity_lines": [
          26.446667,
          26.601818,
          25.521905,
          24.167957
        ]
      },
      {
        "date": "2024-03-29",
        "close": 26.2,
        "volume": 2483378,
        "typical_volume": 3864427.45,
        "trend": 22.813333,
        "fair_value": 56.653205,
        "relative_strength": -13.409225,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.278147,
        "energy": 20.077973,
        "activity_lines": [
          26.166667,
          26.643636,
          25.689524,
          24.389462
        ]
      },
      {
        "date": "2024-04-05",
        "close": 22.7,
        "volume": 7092856,
        "typical_volume": 3999879.0,
        "trend": 22.81,
        "fair_value": 55.844872,
        "relative_strength": -24.012831,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 14.094473,
        "energy": 16.338929,
        "activity_lines": [
          24.846667,
          25.967273,
          25.482381,
          24.382151
        ]
      },
      {
        "date": "2024-04-12",
        "close": 21.6,
        "volume": 5489224,
        "typical_volume": 4198335.2,
        "trend": 22.796667,
        "fair_value": 54.90641,
        "relative_strength": -26.971977,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -6.554081,
        "energy": 18.137273,
        "activity_lines": [
          23.593333,
          25.118182,
          25.160952,
          24.304086
        ]
      },
      {
        "date": "2024-04-19",
        "close": 20.2,
        "volume": 4905960,
        "typical_volume": 4066941.35,
        "trend": 22.806667,
        "fair_value": 53.998077,
        "relative_strength": -27.474699,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.098007,
        "energy": 33.417919,
        "activity_lines": [
          22.226667,
          24.058182,
          24.705714,
          24.136559
        ]
      },
      {
        "date": "2024-04-26",
        "close": 21.7,
        "volume": 3864419,
        "typical_volume": 3926567.1,
        "trend": 22.87,
        "fair_value": 53.110897,
        "relative_strength": -24.581953,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.59132,
        "energy": 38.174936,
        "activity_lines": [
          21.713333,
          23.352727,
          24.413333,
          24.065161
        ]
      },
      {
        "date": "2024-05-03",
        "close": 25.4,
        "volume": 7309438,
        "typical_volume": 3973417.05,
        "trend": 23.12,
        "fair_value": 52.403205,
        "relative_strength": -12.181914,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -9.598151,
        "energy": 20.560621,
        "activity_lines": [
          22.686667,
          23.469091,
          24.488095,
          24.228387
        ]
      },
      {
        "date": "2024-05-10",
        "close": 24.3,
        "volume": 5203028,
        "typical_volume": 4078504.9,
        "trend": 23.356667,
        "fair_value": 51.721795,
        "relative_strength": -16.240262,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.032063,
        "energy": 11.616315,
        "activity_lines": [
          23.346667,
          23.434545,
          24.455238,
          24.304516
        ]
      },
      {
        "date": "2024-05-17",
        "close": 22.1,
        "volume": 3913693,
        "typical_volume": 4143080.55,
        "trend": 23.52,
        "fair_value": 50.962179,
        "relative_strength": -24.442609,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -16.423035,
        "energy": 9.496095,
        "activity_lines": [
          23.166667,
          23.089091,
          24.218095,
          24.223441
        ]
      },
      {
        "date": "2024-05-24",
        "close": 21.8,
        "volume": 3577622,
        "typical_volume": 4219593.65,
        "trend": 23.716667,
        "fair_value": 50.192949,
        "relative_strength": -25.482867,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -16.526906,
        "energy": 9.540139,
        "activity_lines": [
          22.853333,
          22.776364,
          23.965714,
          24.112473
        ]
      },
      {
        "date": "2024-05-31",
        "close": 20.2,
        "volume": 2212646,
        "typical_volume": 4174932.05,
        "trend": 23.833333,
        "fair_value": 49.449359,
        "relative_strength": -28.894398,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -35.364222,
        "energy": 26.483753,
        "activity_lines": [
          21.9,
          22.24,
          23.563333,
          23.885591
        ]
      },
      {
        "date": "2024-06-07",
        "close": 20.9,
        "volume": 3309372,
        "typical_volume": 4077974.2,
        "trend": 23.946667,
        "fair_value": 48.666667,
        "relative_strength": -27.370045,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.50741,
        "energy": 51.339705,
        "activity_lines": [
          21.28,
          21.927273,
          23.24,
          23.696344
        ]
      },
      {
        "date": "2024-06-14",
        "close": 19.9,
        "volume": 2442582,
        "typical_volume": 3931776.8,
        "trend": 23.92,
        "fair_value": 47.925,
        "relative_strength": -32.193172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.398858,
        "energy": 58.780688,
        "activity_lines": [
          20.626667,
          21.529091,
          22.825238,
          23.435269
        ]
      },
      {
        "date": "2024-06-21",
        "close": 19.1,
        "volume": 3856602,
        "typical_volume": 3984130.45,
        "trend": 23.84,
        "fair_value": 47.125,
        "relative_strength": -33.992615,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.642694,
        "energy": 63.870357,
        "activity_lines": [
          20.0,
          21.036364,
          22.354762,
          23.124301
        ]
      },
      {
        "date": "2024-06-28",
        "close": 19.2,
        "volume": 3286900,
        "typical_volume": 4024972.15,
        "trend": 23.666667,
        "fair_value": 46.425,
        "relative_strength": -32.533499,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.98476,
        "energy": 60.0984,
        "activity_lines": [
          19.606667,
          20.607273,
          21.917143,
          22.824946
        ]
      },
      {
        "date": "2024-07-05",
        "close": 18.3,
        "volume": 1408664,
        "typical_volume": 3722589.2,
        "trend": 23.45,
        "fair_value": 45.740385,
        "relative_strength": -36.832701,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.598952,
        "energy": 64.137027,
        "activity_lines": [
          19.086667,
          20.032727,
          21.42,
          22.47871
        ]
      },
      {
        "date": "2024-07-12",
        "close": 19.8,
        "volume": 2736133,
        "typical_volume": 3738151.15,
        "trend": 23.283333,
        "fair_value": 45.085256,
        "relative_strength": -30.091732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.7141,
        "energy": 51.529661,
        "activity_lines": [
          19.193333,
          19.792727,
          21.120952,
          22.243226
        ]
      },
      {
        "date": "2024-07-19",
        "close": 22.5,
        "volume": 3849529,
        "typical_volume": 3814773.2,
        "trend": 23.186667,
        "fair_value": 44.458333,
        "relative_strength": -15.672877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.492211,
        "energy": 26.56573,
        "activity_lines": [
          20.273333,
          20.145455,
          21.118571,
          22.192688
        ]
      },
      {
        "date": "2024-07-26",
        "close": 22.4,
        "volume": 2676496,
        "typical_volume": 3775766.5,
        "trend": 23.103333,
        "fair_value": 43.864103,
        "relative_strength": -12.206154,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.905712,
        "energy": 15.506223,
        "activity_lines": [
          21.146667,
          20.512727,
          21.138571,
          22.141935
        ]
      },
      {
        "date": "2024-08-02",
        "close": 20.2,
        "volume": 3255905,
        "typical_volume": 3803229.55,
        "trend": 23.033333,
        "fair_value": 43.275,
        "relative_strength": -16.718005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.81873,
        "energy": 19.390558,
        "activity_lines": [
          21.066667,
          20.474545,
          20.970476,
          21.954624
        ]
      },
      {
        "date": "2024-08-09",
        "close": 25.0,
        "volume": 7767298,
        "typical_volume": 4032087.25,
        "trend": 23.106667,
        "fair_value": 42.769872,
        "relative_strength": 3.207906,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.75566,
        "energy": 16.683864,
        "activity_lines": [
          22.52,
          21.338182,
          21.284762,
          22.081505
        ]
      },
      {
        "date": "2024-08-16",
        "close": 25.6,
        "volume": 2346901,
        "typical_volume": 4025263.4,
        "trend": 23.236667,
        "fair_value": 42.275,
        "relative_strength": 0.655941,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.095646,
        "energy": 29.032363,
        "activity_lines": [
          23.726667,
          22.223636,
          21.658571,
          22.242366
        ]
      },
      {
        "date": "2024-08-23",
        "close": 26.8,
        "volume": 2757214,
        "typical_volume": 3808481.3,
        "trend": 23.323333,
        "fair_value": 41.770513,
        "relative_strength": 4.471496,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.682057,
        "energy": 48.358675,
        "activity_lines": [
          24.946667,
          23.241818,
          22.149524,
          22.472258
        ]
      },
      {
        "date": "2024-08-30",
        "close": 27.0,
        "volume": 2695809,
        "typical_volume": 3668810.55,
        "trend": 23.423333,
        "fair_value": 41.269872,
        "relative_strength": 6.437066,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.021258,
        "energy": 56.837964,
        "activity_lines": [
          25.946667,
          24.170909,
          22.64,
          22.709462
        ]
      },
      {
        "date": "2024-09-06",
        "close": 25.6,
        "volume": 2133516,
        "typical_volume": 3530188.35,
        "trend": 23.453333,
        "fair_value": 40.760256,
        "relative_strength": 7.298066,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.779402,
        "energy": 57.314593,
        "activity_lines": [
          26.173333,
          24.701818,
          22.971429,
          22.849892
        ]
      },
      {
        "date": "2024-09-13",
        "close": 26.4,
        "volume": 2750380,
        "typical_volume": 3474486.4,
        "trend": 23.336667,
        "fair_value": 40.146154,
        "relative_strength": 4.606343,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.280054,
        "energy": 51.65572,
        "activity_lines": [
          26.306667,
          25.261818,
          23.353333,
          23.04
        ]
      },
      {
        "date": "2024-09-20",
        "close": 28.8,
        "volume": 3747012,
        "typical_volume": 3296365.1,
        "trend": 23.36,
        "fair_value": 39.407692,
        "relative_strength": 12.282297,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 73.993554,
        "energy": 64.039603,
        "activity_lines": [
          27.146667,
          26.110909,
          23.941429,
          23.392473
        ]
      },
      {
        "date": "2024-09-27",
        "close": 26.0,
        "volume": 2105175,
        "typical_volume": 3141472.45,
        "trend": 23.253333,
        "fair_value": 38.751923,
        "relative_strength": 0.40864,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.847097,
        "energy": 40.681941,
        "activity_lines": [
          26.84,
          26.287273,
          24.246667,
          23.562796
        ]
      },
      {
        "date": "2024-10-04",
        "close": 24.9,
        "volume": 1452092,
        "typical_volume": 3018392.4,
        "trend": 23.186667,
        "fair_value": 38.132051,
        "relative_strength": -4.010129,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.557628,
        "energy": 33.813611,
        "activity_lines": [
          26.22,
          26.2,
          24.439048,
          23.669032
        ]
      },
      {
        "date": "2024-10-11",
        "close": 25.7,
        "volume": 1394067,
        "typical_volume": 2909214.65,
        "trend": 23.193333,
        "fair_value": 37.453846,
        "relative_strength": -2.304296,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.252605,
        "energy": 26.940497,
        "activity_lines": [
          26.006667,
          26.212727,
          24.694286,
          23.831183
        ]
      },
      {
        "date": "2024-10-18",
        "close": 25.6,
        "volume": 2899125,
        "typical_volume": 2943538.6,
        "trend": 23.196667,
        "fair_value": 36.842308,
        "relative_strength": -3.00557,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.467989,
        "energy": 19.494124,
        "activity_lines": [
          25.753333,
          26.107273,
          24.921429,
          23.986452
        ]
      },
      {
        "date": "2024-10-25",
        "close": 24.2,
        "volume": 1284108,
        "typical_volume": 2842275.4,
        "trend": 23.13,
        "fair_value": 36.194231,
        "relative_strength": -8.549552,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.120982,
        "energy": 18.793578,
        "activity_lines": [
          25.086667,
          25.736364,
          24.989524,
          24.051183
        ]
      },
      {
        "date": "2024-11-01",
        "close": 23.5,
        "volume": 1779602,
        "typical_volume": 2809126.4,
        "trend": 23.156667,
        "fair_value": 35.648077,
        "relative_strength": -9.837974,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.821188,
        "energy": 15.574865,
        "activity_lines": [
          24.493333,
          25.263636,
          24.975238,
          24.075054
        ]
      },
      {
        "date": "2024-11-08",
        "close": 25.1,
        "volume": 3005336,
        "typical_volume": 2766563.1,
        "trend": 23.273333,
        "fair_value": 35.105128,
        "relative_strength": -8.776138,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.822497,
        "energy": 17.121835,
        "activity_lines": [
          24.6,
          25.141818,
          25.09619,
          24.20043
        ]
      },
      {
        "date": "2024-11-15",
        "close": 17.2,
        "volume": 10450302,
        "typical_volume": 3124733.2,
        "trend": 23.173333,
        "fair_value": 34.575,
        "relative_strength": -34.822967,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -43.298232,
        "energy": 43.197603,
        "activity_lines": [
          22.06,
          23.618182,
          24.43619,
          23.808602
        ]
      },
      {
        "date": "2024-11-22",
        "close": 19.7,
        "volume": 7184363,
        "typical_volume": 3413518.15,
        "trend": 23.106667,
        "fair_value": 34.083974,
        "relative_strength": -26.266741,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.545908,
        "energy": 52.972756,
        "activity_lines": [
          20.92,
          22.701818,
          24.02381,
          23.584516
        ]
      },
      {
        "date": "2024-11-29",
        "close": 18.6,
        "volume": 3161693,
        "typical_volume": 3434796.15,
        "trend": 22.88,
        "fair_value": 33.641026,
        "relative_strength": -30.250051,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.419723,
        "energy": 61.488077,
        "activity_lines": [
          19.806667,
          21.707273,
          23.5,
          23.293763
        ]
      },
      {
        "date": "2024-12-06",
        "close": 19.8,
        "volume": 7171044,
        "typical_volume": 3600871.9,
        "trend": 22.73,
        "fair_value": 33.155769,
        "relative_strength": -27.415506,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.093407,
        "energy": 59.963009,
        "activity_lines": [
          19.466667,
          21.116364,
          23.09619,
          23.095054
        ]
      },
      {
        "date": "2024-12-13",
        "close": 17.7,
        "volume": 5636905,
        "typical_volume": 3748892.35,
        "trend": 22.583333,
        "fair_value": 32.655769,
        "relative_strength": -34.927154,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.099717,
        "energy": 61.977088,
        "activity_lines": [
          18.673333,
          20.256364,
          22.505238,
          22.770538
        ]
      },
      {
        "date": "2024-12-20",
        "close": 16.7,
        "volume": 7151072,
        "typical_volume": 3943650.7,
        "trend": 22.413333,
        "fair_value": 32.158333,
        "relative_strength": -36.47651,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.71972,
        "energy": 72.312419,
        "activity_lines": [
          18.04,
          19.345455,
          21.841429,
          22.390968
        ]
      },
      {
        "date": "2024-12-27",
        "close": 16.5,
        "volume": 2944907,
        "typical_volume": 3702531.15,
        "trend": 22.29,
        "fair_value": 31.673718,
        "relative_strength": -37.099996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.980999,
        "energy": 72.475432,
        "activity_lines": [
          17.373333,
          18.561818,
          21.175238,
          22.009462
        ]
      },
      {
        "date": "2025-01-03",
        "close": 16.4,
        "volume": 3310573,
        "typical_volume": 3750714.75,
        "trend": 22.14,
        "fair_value": 31.238462,
        "relative_strength": -36.394292,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.655667,
        "energy": 75.936556,
        "activity_lines": [
          16.886667,
          17.925455,
          20.54,
          21.629462
        ]
      },
      {
        "date": "2025-01-10",
        "close": 15.6,
        "volume": 2897763,
        "typical_volume": 3757742.2,
        "trend": 21.996667,
        "fair_value": 30.812179,
        "relative_strength": -37.528377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.316279,
        "energy": 75.835573,
        "activity_lines": [
          16.28,
          17.285455,
          19.872381,
          21.207527
        ]
      },
      {
        "date": "2025-01-17",
        "close": 18.3,
        "volume": 6103672,
        "typical_volume": 3928135.35,
        "trend": 21.97,
        "fair_value": 30.419872,
        "relative_strength": -28.290462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.646759,
        "energy": 50.162561,
        "activity_lines": [
          16.853333,
          17.28,
          19.515238,
          20.969032
        ]
      },
      {
        "date": "2025-01-24",
        "close": 18.8,
        "volume": 4738858,
        "typical_volume": 4058402.45,
        "trend": 21.956667,
        "fair_value": 30.040385,
        "relative_strength": -26.797101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.455647,
        "energy": 37.066302,
        "activity_lines": [
          17.553333,
          17.489091,
          19.247143,
          20.764516
        ]
      },
      {
        "date": "2025-01-31",
        "close": 18.0,
        "volume": 5124469,
        "typical_volume": 4177106.9,
        "trend": 21.946667,
        "fair_value": 29.630128,
        "relative_strength": -28.307002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.734552,
        "energy": 29.913912,
        "activity_lines": [
          17.846667,
          17.523636,
          18.935238,
          20.509247
        ]
      },
      {
        "date": "2025-02-07",
        "close": 17.6,
        "volume": 2251721,
        "typical_volume": 4102342.35,
        "trend": 21.873333,
        "fair_value": 29.191026,
        "relative_strength": -29.32892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.611131,
        "energy": 23.732785,
        "activity_lines": [
          17.906667,
          17.516364,
          18.625238,
          20.228817
        ]
      },
      {
        "date": "2025-02-14",
        "close": 18.4,
        "volume": 11221793,
        "typical_volume": 4558173.25,
        "trend": 21.736667,
        "fair_value": 28.884615,
        "relative_strength": -27.158583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.629705,
        "energy": 23.190307,
        "activity_lines": [
          18.153333,
          17.672727,
          18.444762,
          20.004731
        ]
      },
      {
        "date": "2025-02-21",
        "close": 17.8,
        "volume": 5821955,
        "typical_volume": 4776666.4,
        "trend": 21.583333,
        "fair_value": 28.553846,
        "relative_strength": -26.993469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.258322,
        "energy": 25.603636,
        "activity_lines": [
          18.013333,
          17.745455,
          18.243333,
          19.750753
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.8,
        "volume": 9180065,
        "typical_volume": 5165966.3,
        "trend": 21.47,
        "fair_value": 28.267308,
        "relative_strength": -27.680476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.340649,
        "energy": 35.019605,
        "activity_lines": [
          17.573333,
          17.634545,
          17.980476,
          19.442151
        ]
      },
      {
        "date": "2025-03-07",
        "close": 16.6,
        "volume": 6841790,
        "typical_volume": 5363099.55,
        "trend": 21.19,
        "fair_value": 27.998718,
        "relative_strength": -25.285002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.327503,
        "energy": 36.681261,
        "activity_lines": [
          17.2,
          17.485455,
          17.740952,
          19.127957
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.7,
        "volume": 8741999,
        "typical_volume": 5735994.1,
        "trend": 20.86,
        "fair_value": 27.705128,
        "relative_strength": -26.725885,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.466346,
        "energy": 45.712403,
        "activity_lines": [
          16.62,
          17.170909,
          17.458571,
          18.773763
        ]
      },
      {
        "date": "2025-03-21",
        "close": 15.6,
        "volume": 8902966,
        "typical_volume": 6092162.3,
        "trend": 20.486667,
        "fair_value": 27.437821,
        "relative_strength": -26.582798,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.509087,
        "energy": 55.673584,
        "activity_lines": [
          16.133333,
          16.850909,
          17.207143,
          18.434409
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.92,
        "volume": 1787703,
        "typical_volume": 6031280.65,
        "trend": 20.117333,
        "fair_value": 27.184103,
        "relative_strength": -22.430666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.501362,
        "energy": 52.451657,
        "activity_lines": [
          15.94,
          16.589091,
          17.02381,
          18.139785
        ]
      },
      {
        "date": "2025-04-04",
        "close": 12.2,
        "volume": 11410426,
        "typical_volume": 6079286.85,
        "trend": 19.670667,
        "fair_value": 26.918718,
        "relative_strength": -33.375927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.317874,
        "energy": 73.158934,
        "activity_lines": [
          14.632,
          15.694182,
          16.529905,
          17.628989
        ]
      },
      {
        "date": "2025-04-11",
        "close": 12.4,
        "volume": 12005801,
        "typical_volume": 6320358.75,
        "trend": 19.204,
        "fair_value": 26.673846,
        "relative_strength": -36.382649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.837753,
        "energy": 74.829775,
        "activity_lines": [
          13.697333,
          14.955636,
          16.078857,
          17.159914
        ]
      },
      {
        "date": "2025-04-18",
        "close": 11.6,
        "volume": 5899345,
        "typical_volume": 6457241.35,
        "trend": 18.630667,
        "fair_value": 26.445,
        "relative_strength": -38.475297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.456428,
        "energy": 83.010703,
        "activity_lines": [
          12.776,
          14.173455,
          15.586381,
          16.669333
        ]
      },
      {
        "date": "2025-04-25",
        "close": 12.32,
        "volume": 5696865,
        "typical_volume": 6383532.4,
        "trend": 18.174667,
        "fair_value": 26.241282,
        "relative_strength": -37.900336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.168775,
        "energy": 80.391182,
        "activity_lines": [
          12.368,
          13.631273,
          15.19581,
          16.262194
        ]
      },
      {
        "date": "2025-05-02",
        "close": 11.79,
        "volume": 5426112,
        "typical_volume": 6372992.75,
        "trend": 17.737667,
        "fair_value": 26.053397,
        "relative_strength": -41.625638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.646968,
        "energy": 77.772911,
        "activity_lines": [
          12.002,
          13.103273,
          14.790381,
          15.85028
        ]
      },
      {
        "date": "2025-05-09",
        "close": 16.1,
        "volume": 12699288,
        "typical_volume": 6650403.55,
        "trend": 17.417667,
        "fair_value": 25.829679,
        "relative_strength": -19.307673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.497197,
        "energy": 40.318766,
        "activity_lines": [
          13.348,
          13.468182,
          14.823571,
          15.744624
        ]
      },
      {
        "date": "2025-05-16",
        "close": 16.38,
        "volume": 5950573,
        "typical_volume": 6800686.85,
        "trend": 17.110333,
        "fair_value": 25.613526,
        "relative_strength": -22.535352,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.253926,
        "energy": 18.481234,
        "activity_lines": [
          14.527333,
          13.896727,
          14.886286,
          15.677677
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.56,
        "volume": 5378555,
        "typical_volume": 6904085.95,
        "trend": 16.822333,
        "fair_value": 25.349167,
        "relative_strength": -24.015438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.974679,
        "energy": 23.597553,
        "activity_lines": [
          15.168,
          14.180182,
          14.871476,
          15.577656
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.65,
        "volume": 3854312,
        "typical_volume": 6951913.4,
        "trend": 16.560667,
        "fair_value": 25.100128,
        "relative_strength": -24.489411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.129505,
        "energy": 25.844087,
        "activity_lines": [
          15.574667,
          14.482545,
          14.869238,
          15.502022
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.49,
        "volume": 3956215,
        "typical_volume": 6844540.55,
        "trend": 16.273667,
        "fair_value": 24.907756,
        "relative_strength": -21.518892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.950725,
        "energy": 21.280798,
        "activity_lines": [
          16.039333,
          14.936727,
          14.946762,
          15.497462
        ]
      },
      {
        "date": "2025-06-13",
        "close": 15.44,
        "volume": 4469243,
        "typical_volume": 6831059.8,
        "trend": 16.215,
        "fair_value": 24.739423,
        "relative_strength": -25.653367,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.500976,
        "energy": 14.770881,
        "activity_lines": [
          15.840667,
          15.189636,
          14.932905,
          15.443677
        ]
      },
      {
        "date": "2025-06-20",
        "close": 15.0,
        "volume": 4888736,
        "typical_volume": 6819273.15,
        "trend": 16.058333,
        "fair_value": 24.529808,
        "relative_strength": -27.344879,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.939679,
        "energy": 11.01945,
        "activity_lines": [
          15.539333,
          15.303636,
          14.893143,
          15.36529
        ]
      },
      {
        "date": "2025-06-27",
        "close": 15.76,
        "volume": 11240139,
        "typical_volume": 7268694.05,
        "trend": 15.963667,
        "fair_value": 24.337885,
        "relative_strength": -26.289117,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.239485,
        "energy": 8.892367,
        "activity_lines": [
          15.583333,
          15.508545,
          14.940048,
          15.346043
        ]
      },
      {
        "date": "2025-07-04",
        "close": 16.74,
        "volume": 4610819,
        "typical_volume": 6938145.35,
        "trend": 15.861667,
        "fair_value": 24.158654,
        "relative_strength": -22.583077,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.658628,
        "energy": 16.057562,
        "activity_lines": [
          15.940667,
          15.816,
          15.089048,
          15.396129
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15.97,
        "volume": 3595231,
        "typical_volume": 6826809.15,
        "trend": 15.804,
        "fair_value": 23.949487,
        "relative_strength": -25.453688,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.00982,
        "energy": 14.369793,
        "activity_lines": [
          15.968667,
          15.903091,
          15.172619,
          15.403118
        ]
      },
      {
        "date": "2025-07-18",
        "close": 16.05,
        "volume": 2875334,
        "typical_volume": 6511572.6,
        "trend": 15.782333,
        "fair_value": 23.720321,
        "relative_strength": -25.316269,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.048929,
        "energy": 22.637796,
        "activity_lines": [
          16.058,
          15.928727,
          15.272524,
          15.418989
        ]
      },
      {
        "date": "2025-07-25",
        "close": 16.96,
        "volume": 3346567,
        "typical_volume": 6336811.45,
        "trend": 15.797667,
        "fair_value": 23.495705,
        "relative_strength": -21.0521,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.856959,
        "energy": 33.725805,
        "activity_lines": [
          16.41,
          16.120727,
          15.462667,
          15.494968
        ]
      },
      {
        "date": "2025-08-01",
        "close": 15.86,
        "volume": 3199318,
        "typical_volume": 6059677.4,
        "trend": 15.779667,
        "fair_value": 23.224295,
        "relative_strength": -23.86578,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.914414,
        "energy": 18.279672,
        "activity_lines": [
          16.264667,
          16.102182,
          15.546333,
          15.498989
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.17,
        "volume": 6470415,
        "typical_volume": 5938049.85,
        "trend": 15.865333,
        "fair_value": 23.002308,
        "relative_strength": -14.861763,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 47.94902,
        "energy": 49.283796,
        "activity_lines": [
          16.882667,
          16.498182,
          15.849238,
          15.653204
        ]
      },
      {
        "date": "2025-08-15",
        "close": 18.3,
        "volume": 3058625,
        "typical_volume": 6001595.95,
        "trend": 15.865333,
        "fair_value": 22.823462,
        "relative_strength": -13.6615,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.025576,
        "energy": 59.459789,
        "activity_lines": [
          17.448667,
          16.872,
          16.152286,
          15.81028
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.25,
        "volume": 3433574,
        "typical_volume": 5602753.35,
        "trend": 15.847,
        "fair_value": 22.664167,
        "relative_strength": -11.971392,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 67.524663,
        "energy": 69.75733,
        "activity_lines": [
          17.842667,
          17.203818,
          16.439238,
          15.964129
        ]
      },
      {
        "date": "2025-08-29",
        "close": 17.72,
        "volume": 2569551,
        "typical_volume": 5130940.85,
        "trend": 15.837667,
        "fair_value": 22.527756,
        "relative_strength": -13.096519,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.499041,
        "energy": 69.320229,
        "activity_lines": [
          17.913333,
          17.388182,
          16.646905,
          16.084968
        ]
      },
      {
        "date": "2025-09-05",
        "close": 18.3,
        "volume": 2338699,
        "typical_volume": 4952908.55,
        "trend": 15.861,
        "fair_value": 22.394423,
        "relative_strength": -9.892636,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.874304,
        "energy": 65.574005,
        "activity_lines": [
          18.126667,
          17.628545,
          16.884476,
          16.243828
        ]
      },
      {
        "date": "2025-09-12",
        "close": 17.14,
        "volume": 4041685,
        "typical_volume": 4870149.55,
        "trend": 15.819,
        "fair_value": 22.299167,
        "relative_strength": -15.9076,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.104607,
        "energy": 40.40748,
        "activity_lines": [
          17.790667,
          17.611818,
          16.979667,
          16.326344
        ]
      },
      {
        "date": "2025-09-19",
        "close": 18.08,
        "volume": 6394664,
        "typical_volume": 4918577.15,
        "trend": 15.828333,
        "fair_value": 22.223397,
        "relative_strength": -11.71454,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.986891,
        "energy": 37.129616,
        "activity_lines": [
          17.836667,
          17.758727,
          17.141429,
          16.472215
        ]
      },
      {
        "date": "2025-09-26",
        "close": 16.74,
        "volume": 3989135,
        "typical_volume": 4483069.5,
        "trend": 15.826333,
        "fair_value": 22.141603,
        "relative_strength": -16.689338,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.968729,
        "energy": 23.622741,
        "activity_lines": [
          17.450667,
          17.623636,
          17.145619,
          16.531032
        ]
      },
      {
        "date": "2025-10-03",
        "close": 16.32,
        "volume": 3224375,
        "typical_volume": 4346759.6,
        "trend": 15.817,
        "fair_value": 22.059038,
        "relative_strength": -18.621964,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 26.951073,
        "energy": 18.22308,
        "activity_lines": [
          17.025333,
          17.399636,
          17.106762,
          16.562882
        ]
      },
      {
        "date": "2025-10-10",
        "close": 13.36,
        "volume": 4809856,
        "typical_volume": 4318324.65,
        "trend": 15.739,
        "fair_value": 22.0075,
        "relative_strength": -30.644073,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -35.1061,
        "energy": 31.040018,
        "activity_lines": [
          15.706667,
          16.649091,
          16.786286,
          16.404366
        ]
      },
      {
        "date": "2025-10-17",
        "close": 13.38,
        "volume": 3401279,
        "typical_volume": 4295673.0,
        "trend": 15.665,
        "fair_value": 21.959295,
        "relative_strength": -30.985724,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -38.352899,
        "energy": 47.939778,
        "activity_lines": [
          14.724,
          15.947636,
          16.47819,
          16.252172
        ]
      },
      {
        "date": "2025-10-24",
        "close": 14.18,
        "volume": 3368044,
        "typical_volume": 4266264.45,
        "trend": 15.607,
        "fair_value": 21.913013,
        "relative_strength": -27.281576,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.983409,
        "energy": 56.182135,
        "activity_lines": [
          14.258667,
          15.478727,
          16.257095,
          16.156366
        ]
      },
      {
        "date": "2025-10-31",
        "close": 13.27,
        "volume": 2879189,
        "typical_volume": 4186761.75,
        "trend": 15.642667,
        "fair_value": 21.874359,
        "relative_strength": -32.112183,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.719654,
        "energy": 67.71024,
        "activity_lines": [
          13.75,
          14.919273,
          15.960333,
          16.005591
        ]
      },
      {
        "date": "2025-11-07",
        "close": 11.29,
        "volume": 9252271,
        "typical_volume": 4404938.5,
        "trend": 15.605667,
        "fair_value": 21.791603,
        "relative_strength": -39.261681,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -60.561773,
        "energy": 79.628197,
        "activity_lines": [
          12.812667,
          14.090364,
          15.485333,
          15.724774
        ]
      },
      {
        "date": "2025-11-14",
        "close": 10.84,
        "volume": 5626868,
        "typical_volume": 4124274.95,
        "trend": 15.580333,
        "fair_value": 21.721987,
        "relative_strength": -40.964532,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -85.454914,
        "energy": 91.514464,
        "activity_lines": [
          12.060667,
          13.296545,
          14.985143,
          15.417312
        ]
      },
      {
        "date": "2025-11-21",
        "close": 10.9,
        "volume": 6237231,
        "typical_volume": 4205595.55,
        "trend": 15.533,
        "fair_value": 21.655962,
        "relative_strength": -37.928752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.408753,
        "energy": 90.664036,
        "activity_lines": [
          11.496667,
          12.649273,
          14.514095,
          15.115355
        ]
      },
      {
        "date": "2025-11-28",
        "close": 11.42,
        "volume": 4164701,
        "typical_volume": 4234069.05,
        "trend": 15.520667,
        "fair_value": 21.577244,
        "relative_strength": -37.292796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.674783,
        "energy": 86.755586,
        "activity_lines": [
          11.271333,
          12.21,
          14.120381,
          14.85
        ]
      },
      {
        "date": "2025-12-05",
        "close": 13.91,
        "volume": 6051602,
        "typical_volume": 4392882.45,
        "trend": 15.447667,
        "fair_value": 21.536282,
        "relative_strength": -23.603171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.481177,
        "energy": 55.864633,
        "activity_lines": [
          12.06,
          12.344545,
          13.985476,
          14.746086
        ]
      },
      {
        "date": "2025-12-12",
        "close": 13.28,
        "volume": 5927306,
        "typical_volume": 4521919.4,
        "trend": 15.344333,
        "fair_value": 21.484231,
        "relative_strength": -25.06452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.605609,
        "energy": 40.236244,
        "activity_lines": [
          12.596,
          12.416,
          13.800762,
          14.606237
        ]
      },
      {
        "date": "2025-12-19",
        "close": 12.79,
        "volume": 7354560,
        "typical_volume": 4729681.5,
        "trend": 15.252,
        "fair_value": 21.423269,
        "relative_strength": -27.669916,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.196095,
        "energy": 28.402741,
        "activity_lines": [
          12.836,
          12.453636,
          13.586905,
          14.441441
        ]
      },
      {
        "date": "2025-12-26",
        "close": 12.66,
        "volume": 2179753,
        "typical_volume": 4515148.4,
        "trend": 15.152333,
        "fair_value": 21.353782,
        "relative_strength": -28.734229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.651108,
        "energy": 27.206908,
        "activity_lines": [
          12.902667,
          12.478,
          13.375286,
          14.274215
        ]
      },
      {
        "date": "2026-01-02",
        "close": 12.65,
        "volume": 2545171,
        "typical_volume": 4489475.7,
        "trend": 15.024333,
        "fair_value": 21.273974,
        "relative_strength": -26.989795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.151415,
        "energy": 25.851745,
        "activity_lines": [
          12.848667,
          12.513636,
          13.188952,
          14.112774
        ]
      },
      {
        "date": "2026-01-09",
        "close": 14.05,
        "volume": 4520000,
        "typical_volume": 4543797.0,
        "trend": 14.978,
        "fair_value": 21.189038,
        "relative_strength": -20.199324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.463558,
        "energy": 20.764572,
        "activity_lines": [
          13.179333,
          12.831636,
          13.162857,
          14.049914
        ]
      },
      {
        "date": "2026-01-16",
        "close": 12.49,
        "volume": 3623757,
        "typical_volume": 4596507.3,
        "trend": 14.894333,
        "fair_value": 21.08641,
        "relative_strength": -27.694673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.146238,
        "energy": 24.152836,
        "activity_lines": [
          12.980667,
          12.851818,
          13.00819,
          13.889398
        ]
      },
      {
        "date": "2026-01-23",
        "close": 12.69,
        "volume": 3904516,
        "typical_volume": 4674798.15,
        "trend": 14.792,
        "fair_value": 20.979295,
        "relative_strength": -25.925438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.534929,
        "energy": 22.124431,
        "activity_lines": [
          12.901333,
          12.886545,
          12.897476,
          13.747183
        ]
      },
      {
        "date": "2026-01-30",
        "close": 12.98,
        "volume": 3940462,
        "typical_volume": 4669737.0,
        "trend": 14.666667,
        "fair_value": 20.88109,
        "relative_strength": -23.391999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.121942,
        "energy": 18.515722,
        "activity_lines": [
          12.925333,
          12.940364,
          12.841095,
          13.63028
        ]
      },
      {
        "date": "2026-02-06",
        "close": 11.85,
        "volume": 3630335,
        "typical_volume": 4531520.55,
        "trend": 14.529333,
        "fair_value": 20.771795,
        "relative_strength": -27.927439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.923391,
        "energy": 33.829537,
        "activity_lines": [
          12.551333,
          12.750909,
          12.696905,
          13.448559
        ]
      },
      {
        "date": "2026-02-13",
        "close": 8.1,
        "volume": 12459395,
        "typical_volume": 4955033.55,
        "trend": 14.264333,
        "fair_value": 20.660256,
        "relative_strength": -49.347457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.243786,
        "energy": 76.323894,
        "activity_lines": [
          10.980667,
          11.871818,
          12.225238,
          13.033763
        ]
      },
      {
        "date": "2026-02-20",
        "close": 8.41,
        "volume": 4184858,
        "typical_volume": 5003057.7,
        "trend": 13.979333,
        "fair_value": 20.557756,
        "relative_strength": -47.232874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.064742,
        "energy": 86.752915,
        "activity_lines": [
          9.91,
          11.154727,
          11.824238,
          12.656065
        ]
      },
      {
        "date": "2026-02-27",
        "close": 7.78,
        "volume": 5084397,
        "typical_volume": 5016784.75,
        "trend": 13.71,
        "fair_value": 20.445449,
        "relative_strength": -50.318482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.993202,
        "energy": 91.661324,
        "activity_lines": [
          8.901333,
          10.411636,
          11.400905,
          12.256108
        ]
      },
      {
        "date": "2026-03-06",
        "close": 8.82,
        "volume": 5902371,
        "typical_volume": 5141839.35,
        "trend": 13.398333,
        "fair_value": 20.360321,
        "relative_strength": -42.139924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.335584,
        "energy": 87.03214,
        "activity_lines": [
          8.566667,
          9.948727,
          11.10319,
          11.940624
        ]
      },
      {
        "date": "2026-03-13",
        "close": 7.39,
        "volume": 6217994,
        "typical_volume": 5284336.85,
        "trend": 13.034667,
        "fair_value": 20.269872,
        "relative_strength": -50.258909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.269477,
        "energy": 89.863089,
        "activity_lines": [
          8.032667,
          9.295636,
          10.691,
          11.552989
        ]
      },
      {
        "date": "2026-03-20",
        "close": 7.56,
        "volume": 13022056,
        "typical_volume": 5791480.2,
        "trend": 12.678333,
        "fair_value": 20.180513,
        "relative_strength": -47.300804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.871507,
        "energy": 83.278923,
        "activity_lines": [
          7.852667,
          8.769091,
          10.327333,
          11.199785
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6.48,
        "volume": 5106052,
        "typical_volume": 5584169.25,
        "trend": 12.303667,
        "fair_value": 20.076538,
        "relative_strength": -52.486768,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.453989,
        "energy": 72.567951,
        "activity_lines": [
          7.348667,
          8.164182,
          9.888,
          10.799892
        ]
      },
      {
        "date": "2026-04-03",
        "close": 6.85,
        "volume": 3352098,
        "typical_volume": 5470430.75,
        "trend": 11.922,
        "fair_value": 19.981987,
        "relative_strength": -51.025245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.754131,
        "energy": 66.175318,
        "activity_lines": [
          7.096667,
          7.735818,
          9.50681,
          10.448043
        ]
      },
      {
        "date": "2026-04-10",
        "close": 6.85,
        "volume": 3120457,
        "typical_volume": 5314592.05,
        "trend": 11.579,
        "fair_value": 19.890641,
        "relative_strength": -52.496922,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.783965,
        "energy": 66.583345,
        "activity_lines": [
          6.906667,
          7.413636,
          9.144619,
          10.120817
        ]
      },
      {
        "date": "2026-04-17",
        "close": 7.4,
        "volume": 3694596,
        "typical_volume": 5291086.8,
        "trend": 11.223,
        "fair_value": 19.806667,
        "relative_strength": -51.079146,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.158363,
        "energy": 62.484082,
        "activity_lines": [
          7.031333,
          7.302909,
          8.854095,
          9.851204
        ]
      },
      {
        "date": "2026-04-24",
        "close": 7.48,
        "volume": 3643591,
        "typical_volume": 5170686.25,
        "trend": 10.914333,
        "fair_value": 19.707179,
        "relative_strength": -51.013761,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.701851,
        "energy": 55.032495,
        "activity_lines": [
          7.182,
          7.287636,
          8.590333,
          9.60972
        ]
      },
      {
        "date": "2026-05-01",
        "close": 7.64,
        "volume": 3555332,
        "typical_volume": 5052087.55,
        "trend": 10.625,
        "fair_value": 19.599744,
        "relative_strength": -50.191966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.652162,
        "energy": 43.859609,
        "activity_lines": [
          7.391333,
          7.312727,
          8.372429,
          9.398473
        ]
      },
      {
        "date": "2026-05-08",
        "close": 5.83,
        "volume": 15817668,
        "typical_volume": 5475242.95,
        "trend": 10.374,
        "fair_value": 19.438397,
        "relative_strength": -63.198498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.236426,
        "energy": 52.453966,
        "activity_lines": [
          6.92,
          7.022727,
          8.009,
          9.089118
        ]
      },
      {
        "date": "2026-05-15",
        "close": 4.98,
        "volume": 8290552,
        "typical_volume": 5780782.9,
        "trend": 10.094,
        "fair_value": 19.267115,
        "relative_strength": -67.78054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.375337,
        "energy": 66.952108,
        "activity_lines": [
          6.233333,
          6.613636,
          7.597762,
          8.741118
        ]
      },
      {
        "date": "2026-05-22",
        "close": 5.52,
        "volume": 6878964,
        "typical_volume": 5997472.55,
        "trend": 9.805333,
        "fair_value": 19.097372,
        "relative_strength": -63.985559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.37387,
        "energy": 79.151181,
        "activity_lines": [
          5.851333,
          6.372545,
          7.274524,
          8.446022
        ]
      },
      {
        "date": "2026-05-29",
        "close": 5.86,
        "volume": 6718467,
        "typical_volume": 6107395.9,
        "trend": 9.558333,
        "fair_value": 18.933654,
        "relative_strength": -62.0808,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.865098,
        "energy": 79.411429,
        "activity_lines": [
          5.708,
          6.227273,
          7.017619,
          8.191484
        ]
      },
      {
        "date": "2026-06-05",
        "close": 5.92,
        "volume": 6866244,
        "typical_volume": 6269520.25,
        "trend": 9.379333,
        "fair_value": 18.767115,
        "relative_strength": -59.026337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.417477,
        "energy": 78.744584,
        "activity_lines": [
          5.692667,
          6.123818,
          6.805429,
          7.956753
        ]
      },
      {
        "date": "2026-06-12",
        "close": 5.59,
        "volume": 3568804,
        "typical_volume": 6252734.65,
        "trend": 9.204333,
        "fair_value": 18.594615,
        "relative_strength": -61.398944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.531587,
        "energy": 59.152723,
        "activity_lines": [
          5.682,
          5.970545,
          6.593095,
          7.71228
        ]
      },
      {
        "date": "2026-06-19",
        "close": 5.02,
        "volume": 5904919,
        "typical_volume": 6350957.5,
        "trend": 9.008333,
        "fair_value": 18.416538,
        "relative_strength": -65.517359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.366907,
        "energy": 59.733813,
        "activity_lines": [
          5.497333,
          5.736545,
          6.360286,
          7.442323
        ]
      },
      {
        "date": "2026-06-26",
        "close": 5.97,
        "volume": 5646702,
        "typical_volume": 6451775.85,
        "trend": 8.826667,
        "fair_value": 18.243269,
        "relative_strength": -56.185911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.414335,
        "energy": 49.569159,
        "activity_lines": [
          5.626667,
          5.708545,
          6.255857,
          7.246301
        ]
      },
      {
        "date": "2026-07-03",
        "close": 6.06,
        "volume": 3429874,
        "typical_volume": 6000299.8,
        "trend": 8.565,
        "fair_value": 18.073782,
        "relative_strength": -54.929489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.92741,
        "energy": 40.389911,
        "activity_lines": [
          5.756,
          5.722909,
          6.188,
          7.067806
        ]
      },
      {
        "date": "2026-07-10",
        "close": 6.24,
        "volume": 2648284,
        "typical_volume": 5923471.1,
        "trend": 8.330333,
        "fair_value": 17.872756,
        "relative_strength": -53.452493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.180544,
        "energy": 32.894476,
        "activity_lines": [
          5.932,
          5.795818,
          6.147,
          6.917806
        ]
      },
      {
        "date": "2026-07-17",
        "close": 6.12,
        "volume": 2261090,
        "typical_volume": 5782305.75,
        "trend": 8.108,
        "fair_value": 17.662628,
        "relative_strength": -51.358721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.251733,
        "energy": 23.134943,
        "activity_lines": [
          6.046667,
          5.872364,
          6.104905,
          6.775204
        ]
      },
      {
        "date": "2026-07-24",
        "close": 5.53,
        "volume": 2853437,
        "typical_volume": 5629859.05,
        "trend": 7.870333,
        "fair_value": 17.448718,
        "relative_strength": -54.266987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.593332,
        "energy": 26.124283,
        "activity_lines": [
          5.929333,
          5.836364,
          6.014524,
          6.608882
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5.67,
        "volume": 3039505,
        "typical_volume": 5470934.6,
        "trend": 7.637667,
        "fair_value": 17.247885,
        "relative_strength": -52.301484,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.928832,
        "energy": 25.276801,
        "activity_lines": [
          5.824667,
          5.815818,
          5.953143,
          6.466925
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4.84,
        "volume": 5860432,
        "typical_volume": 5112853.4,
        "trend": 7.330667,
        "fair_value": 17.116731,
        "relative_strength": -60.145976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.985565,
        "energy": 43.823217,
        "activity_lines": [
          5.463333,
          5.641636,
          5.820905,
          6.28643
        ]
      }
    ],
    "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."
    }
  }
}