{
  "ticker": {
    "uuid": "c812be4a-f90e-4794-8a23-4248c888d2e7",
    "symbol": "HUNTER",
    "name": "Hunter Capital AB",
    "exchange": "STO",
    "country": "SE",
    "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": "^OMX",
    "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": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -12.469,
    "architecture_energy": 13.787,
    "architecture_maturity": 20.003,
    "architecture_confidence": 59.095,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 63.6,
        "rotation_up": 32.5,
        "upward_expansion": 29.28,
        "deceleration": 46.78,
        "rotation_down": 18.77,
        "downward_expansion": 39.94
      },
      "activity_lines": [
        10.33,
        9.974,
        9.967381,
        10.214731
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 10.15,
    "trend_reference": 10.818333,
    "distance_from_trend": -0.061778,
    "trend_direction": "Weakening",
    "fair_value": 8.37625,
    "distance_from_fair_value": 0.211759,
    "fair_value_direction": "Weakening",
    "relative_strength": -32.338676,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.29021,
    "excess_performance": -0.351704,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.061778,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.178084,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.211759,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.175416,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.323387,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.113885,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.29021,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.24547,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2464,
      "relative_activity": 0.243213,
      "balance": 0.24547,
      "dry_up": 0.288815,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.135127,
      "annualized_volatility": 0.497465,
      "from_high_reference": -0.704942,
      "from_low_reference": 0.26875
    },
    "levels": {
      "trend_reference": 10.818333,
      "fair_value_reference": 8.37625,
      "structural_low": 8.0,
      "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": 16,
        "median_return": -0.104875,
        "positive_rate": 0.4375,
        "directional_follow_through": 0.4375,
        "median_excess_return": -0.079393,
        "regime_survival": 0.625,
        "best_return": 0.834286,
        "worst_return": -0.5625,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.166895,
        "positive_rate": 0.166667,
        "directional_follow_through": 0.166667,
        "median_excess_return": -0.214678,
        "regime_survival": 0.166667,
        "best_return": 0.726695,
        "worst_return": -0.48875,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.204724,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.273029,
        "regime_survival": 0.2,
        "best_return": 0.719409,
        "worst_return": -0.650625,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.350725,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.54193,
        "regime_survival": 0.0,
        "best_return": 1.763713,
        "worst_return": -0.89875,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-11-10",
        "end": "2023-12-22",
        "tenure": "Developing",
        "return": 0.461187,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-12-29",
        "end": "2024-02-23",
        "tenure": "Developing",
        "return": -0.5,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-01",
        "end": "2024-08-16",
        "tenure": "Established",
        "return": 1.440945,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-23",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.098214,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2024-09-27",
        "tenure": "New",
        "return": 0.013216,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-04",
        "end": "2025-02-28",
        "tenure": "Established",
        "return": 1.056962,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-07",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": -0.137056,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-16",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.010989,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-09-19",
        "tenure": "Established",
        "return": 0.531915,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": 0.153333,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-14",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": -0.197531,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-09",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": -0.015748,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-20",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": -0.026316,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.009756,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 7.875,
        "volume": 12114,
        "typical_volume": 18547.85,
        "trend": 11.015,
        "fair_value": 104.298277,
        "relative_strength": -62.835038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.990416,
        "energy": 16.583058,
        "activity_lines": [
          8.475,
          8.030455,
          8.118214,
          9.101452
        ]
      },
      {
        "date": "2023-08-25",
        "close": 8.625,
        "volume": 18486,
        "typical_volume": 18822.65,
        "trend": 10.7075,
        "fair_value": 103.200014,
        "relative_strength": -57.732074,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.591746,
        "energy": 11.355801,
        "activity_lines": [
          8.575,
          8.192727,
          8.122143,
          8.947258
        ]
      },
      {
        "date": "2023-09-01",
        "close": 9.3,
        "volume": 30216,
        "typical_volume": 20090.35,
        "trend": 10.395,
        "fair_value": 102.148076,
        "relative_strength": -53.612473,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.583735,
        "energy": 8.045631,
        "activity_lines": [
          8.795,
          8.454545,
          8.207143,
          8.856452
        ]
      },
      {
        "date": "2023-09-08",
        "close": 6.75,
        "volume": 11176,
        "typical_volume": 20575.2,
        "trend": 10.0,
        "fair_value": 101.194587,
        "relative_strength": -64.799147,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.766459,
        "energy": 18.798269,
        "activity_lines": [
          8.115,
          8.213182,
          8.053214,
          8.62129
        ]
      },
      {
        "date": "2023-09-15",
        "close": 7.2,
        "volume": 9310,
        "typical_volume": 20515.1,
        "trend": 9.6425,
        "fair_value": 100.341979,
        "relative_strength": -61.132537,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.876816,
        "energy": 19.352572,
        "activity_lines": [
          7.735,
          8.060455,
          7.961071,
          8.440645
        ]
      },
      {
        "date": "2023-09-22",
        "close": 7.35,
        "volume": 1718,
        "typical_volume": 20532.2,
        "trend": 9.305,
        "fair_value": 99.549129,
        "relative_strength": -58.048446,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.466821,
        "energy": 21.338383,
        "activity_lines": [
          7.535,
          7.932273,
          7.893929,
          8.292742
        ]
      },
      {
        "date": "2023-09-29",
        "close": 6.75,
        "volume": 4967,
        "typical_volume": 20408.65,
        "trend": 9.0075,
        "fair_value": 98.752434,
        "relative_strength": -59.720942,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.671643,
        "energy": 37.334091,
        "activity_lines": [
          7.17,
          7.689545,
          7.777143,
          8.127903
        ]
      },
      {
        "date": "2023-10-06",
        "close": 6.525,
        "volume": 5964,
        "typical_volume": 20260.0,
        "trend": 8.7775,
        "fair_value": 97.973895,
        "relative_strength": -59.037491,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.083015,
        "energy": 40.520847,
        "activity_lines": [
          6.855,
          7.411364,
          7.649643,
          7.967742
        ]
      },
      {
        "date": "2023-10-13",
        "close": 6.0,
        "volume": 6317,
        "typical_volume": 19878.35,
        "trend": 8.5475,
        "fair_value": 97.264788,
        "relative_strength": -60.868016,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.915721,
        "energy": 43.247229,
        "activity_lines": [
          6.55,
          7.074545,
          7.488571,
          7.788548
        ]
      },
      {
        "date": "2023-10-20",
        "close": 6.45,
        "volume": 7541,
        "typical_volume": 19745.0,
        "trend": 8.3225,
        "fair_value": 96.575365,
        "relative_strength": -53.0404,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.120808,
        "energy": 37.8962,
        "activity_lines": [
          6.445,
          6.874091,
          7.376429,
          7.653226
        ]
      },
      {
        "date": "2023-10-27",
        "close": 5.25,
        "volume": 6778,
        "typical_volume": 17250.9,
        "trend": 8.0625,
        "fair_value": 95.799853,
        "relative_strength": -59.214966,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.132636,
        "energy": 42.74155,
        "activity_lines": [
          5.99,
          6.504545,
          7.149643,
          7.455
        ]
      },
      {
        "date": "2023-11-03",
        "close": 3.75,
        "volume": 3798,
        "typical_volume": 16097.95,
        "trend": 7.7825,
        "fair_value": 95.037124,
        "relative_strength": -70.684683,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -70.71643,
        "energy": 58.199194,
        "activity_lines": [
          5.175,
          5.91,
          6.804286,
          7.176774
        ]
      },
      {
        "date": "2023-11-10",
        "close": 5.475,
        "volume": 11480,
        "typical_volume": 16321.8,
        "trend": 7.6275,
        "fair_value": 94.37225,
        "relative_strength": -55.490229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.122375,
        "energy": 50.181616,
        "activity_lines": [
          5.135,
          5.717727,
          6.640357,
          7.027903
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4.5,
        "volume": 8231,
        "typical_volume": 14781.65,
        "trend": 7.42,
        "fair_value": 93.706725,
        "relative_strength": -63.181723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.168773,
        "energy": 57.557053,
        "activity_lines": [
          4.84,
          5.417727,
          6.391429,
          6.826129
        ]
      },
      {
        "date": "2023-11-24",
        "close": 5.7,
        "volume": 4909,
        "typical_volume": 14161.4,
        "trend": 7.295,
        "fair_value": 93.210726,
        "relative_strength": -52.495078,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.033724,
        "energy": 44.37233,
        "activity_lines": [
          5.045,
          5.376818,
          6.269286,
          6.715161
        ]
      },
      {
        "date": "2023-12-01",
        "close": 6.075,
        "volume": 101,
        "typical_volume": 13063.55,
        "trend": 7.2,
        "fair_value": 92.742329,
        "relative_strength": -48.554542,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.507898,
        "energy": 26.825225,
        "activity_lines": [
          5.425,
          5.431364,
          6.189286,
          6.636452
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.8,
        "volume": 13840,
        "typical_volume": 13682.7,
        "trend": 7.06,
        "fair_value": 92.171124,
        "relative_strength": -59.452621,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.123451,
        "energy": 25.204088,
        "activity_lines": [
          5.325,
          5.277273,
          5.9925,
          6.481613
        ]
      },
      {
        "date": "2023-12-15",
        "close": 7.5,
        "volume": 21887,
        "typical_volume": 11826.75,
        "trend": 6.9775,
        "fair_value": 91.657824,
        "relative_strength": -35.871151,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.725854,
        "energy": 12.474935,
        "activity_lines": [
          6.055,
          5.649545,
          6.063571,
          6.51
        ]
      },
      {
        "date": "2023-12-22",
        "close": 8.0,
        "volume": 13029,
        "typical_volume": 10228.35,
        "trend": 7.001667,
        "fair_value": 91.046934,
        "relative_strength": -28.872098,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.898859,
        "energy": 12.772234,
        "activity_lines": [
          6.816667,
          6.095,
          6.187262,
          6.575968
        ]
      },
      {
        "date": "2023-12-29",
        "close": 7.0,
        "volume": 3282,
        "typical_volume": 9757.2,
        "trend": 7.0225,
        "fair_value": 90.531829,
        "relative_strength": -35.406275,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.42853,
        "energy": 12.205939,
        "activity_lines": [
          7.011667,
          6.322273,
          6.220476,
          6.57586
        ]
      },
      {
        "date": "2024-01-05",
        "close": 8.0,
        "volume": 714,
        "typical_volume": 9187.2,
        "trend": 6.944167,
        "fair_value": 90.023135,
        "relative_strength": -21.44149,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.993433,
        "energy": 16.653647,
        "activity_lines": [
          7.453333,
          6.721364,
          6.359167,
          6.638925
        ]
      },
      {
        "date": "2024-01-12",
        "close": 8.0,
        "volume": 0,
        "typical_volume": 8262.9,
        "trend": 6.965833,
        "fair_value": 89.546919,
        "relative_strength": -19.785527,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.464613,
        "energy": 21.322141,
        "activity_lines": [
          7.766667,
          7.070455,
          6.497262,
          6.707043
        ]
      },
      {
        "date": "2024-01-19",
        "close": 8.0,
        "volume": 0,
        "typical_volume": 6752.1,
        "trend": 6.995,
        "fair_value": 88.982227,
        "relative_strength": -15.615155,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.536335,
        "energy": 24.281116,
        "activity_lines": [
          7.866667,
          7.342273,
          6.638333,
          6.773763
        ]
      },
      {
        "date": "2024-01-26",
        "close": 8.0,
        "volume": 0,
        "typical_volume": 6193.3,
        "trend": 7.024167,
        "fair_value": 88.396536,
        "relative_strength": -16.333345,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.800671,
        "energy": 24.32498,
        "activity_lines": [
          7.933333,
          7.568182,
          6.785595,
          6.838602
        ]
      },
      {
        "date": "2024-02-02",
        "close": 5.88,
        "volume": 13478,
        "typical_volume": 6401.7,
        "trend": 6.985167,
        "fair_value": 87.822454,
        "relative_strength": -36.741646,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -7.247974,
        "energy": 6.937392,
        "activity_lines": [
          7.293333,
          7.345,
          6.725,
          6.764785
        ]
      },
      {
        "date": "2024-02-09",
        "close": 4.32,
        "volume": 12350,
        "typical_volume": 6933.3,
        "trend": 6.894167,
        "fair_value": 87.201973,
        "relative_strength": -51.651813,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.457122,
        "energy": 21.317094,
        "activity_lines": [
          6.208,
          6.834909,
          6.522119,
          6.592839
        ]
      },
      {
        "date": "2024-02-16",
        "close": 4.0,
        "volume": 1917,
        "typical_volume": 6780.8,
        "trend": 6.7925,
        "fair_value": 86.545843,
        "relative_strength": -54.840792,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.259325,
        "energy": 33.844135,
        "activity_lines": [
          5.261333,
          6.298545,
          6.30319,
          6.406118
        ]
      },
      {
        "date": "2024-02-23",
        "close": 3.5,
        "volume": 17057,
        "typical_volume": 7335.45,
        "trend": 6.624167,
        "fair_value": 86.008302,
        "relative_strength": -59.544447,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.41106,
        "energy": 51.455717,
        "activity_lines": [
          4.414667,
          5.685818,
          6.049738,
          6.193699
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2.54,
        "volume": 16652,
        "typical_volume": 7852.2,
        "trend": 6.408833,
        "fair_value": 85.579963,
        "relative_strength": -69.988583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.3384,
        "energy": 66.73487,
        "activity_lines": [
          3.548,
          4.971273,
          5.719262,
          5.930204
        ]
      },
      {
        "date": "2024-03-08",
        "close": 3.2,
        "volume": 26385,
        "typical_volume": 8794.4,
        "trend": 6.2105,
        "fair_value": 84.732512,
        "relative_strength": -61.548216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.664713,
        "energy": 65.946362,
        "activity_lines": [
          3.265333,
          4.476,
          5.468119,
          5.723183
        ]
      },
      {
        "date": "2024-03-15",
        "close": 4.1,
        "volume": 10313,
        "typical_volume": 8971.15,
        "trend": 6.084667,
        "fair_value": 83.752237,
        "relative_strength": -50.324437,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.273146,
        "energy": 64.158361,
        "activity_lines": [
          3.461333,
          4.213455,
          5.318167,
          5.587022
        ]
      },
      {
        "date": "2024-03-22",
        "close": 6.42,
        "volume": 3080,
        "typical_volume": 8935.25,
        "trend": 6.011167,
        "fair_value": 82.805032,
        "relative_strength": -20.458167,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.189952,
        "energy": 27.772764,
        "activity_lines": [
          4.445333,
          4.443636,
          5.394643,
          5.608656
        ]
      },
      {
        "date": "2024-03-29",
        "close": 5.38,
        "volume": 6853,
        "typical_volume": 8703.9,
        "trend": 5.8805,
        "fair_value": 81.445288,
        "relative_strength": -31.371489,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.142765,
        "energy": 18.635436,
        "activity_lines": [
          4.921333,
          4.513455,
          5.359357,
          5.567935
        ]
      },
      {
        "date": "2024-04-05",
        "close": 4.6,
        "volume": 3397,
        "typical_volume": 8462.2,
        "trend": 5.808833,
        "fair_value": 78.46516,
        "relative_strength": -39.61632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.569442,
        "energy": 21.326428,
        "activity_lines": [
          5.012,
          4.489091,
          5.250238,
          5.485323
        ]
      },
      {
        "date": "2024-04-12",
        "close": 5.0,
        "volume": 15551,
        "typical_volume": 8994.3,
        "trend": 5.7355,
        "fair_value": 74.651058,
        "relative_strength": -33.366778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.87586,
        "energy": 19.059501,
        "activity_lines": [
          5.098667,
          4.599273,
          5.178738,
          5.43314
        ]
      },
      {
        "date": "2024-04-19",
        "close": 3.22,
        "volume": 4904,
        "typical_volume": 9234.45,
        "trend": 5.597833,
        "fair_value": 71.508237,
        "relative_strength": -56.018371,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.578019,
        "energy": 21.395234,
        "activity_lines": [
          4.472,
          4.401818,
          4.941048,
          5.270849
        ]
      },
      {
        "date": "2024-04-26",
        "close": 3.8,
        "volume": 3507,
        "typical_volume": 8717.8,
        "trend": 5.4995,
        "fair_value": 68.340288,
        "relative_strength": -48.316066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.501407,
        "energy": 26.907557,
        "activity_lines": [
          4.097333,
          4.329818,
          4.77219,
          5.15486
        ]
      },
      {
        "date": "2024-05-03",
        "close": 4.0,
        "volume": 14056,
        "typical_volume": 8326.25,
        "trend": 5.415333,
        "fair_value": 65.365929,
        "relative_strength": -44.321244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.962756,
        "energy": 28.935843,
        "activity_lines": [
          3.964,
          4.297818,
          4.627143,
          5.058118
        ]
      },
      {
        "date": "2024-05-10",
        "close": 4.5,
        "volume": 1452,
        "typical_volume": 7747.4,
        "trend": 5.365333,
        "fair_value": 62.856314,
        "relative_strength": -38.486736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.144405,
        "energy": 30.50226,
        "activity_lines": [
          4.089333,
          4.347636,
          4.546381,
          4.999065
        ]
      },
      {
        "date": "2024-05-17",
        "close": 3.05,
        "volume": 6828,
        "typical_volume": 7924.7,
        "trend": 5.252,
        "fair_value": 61.356634,
        "relative_strength": -56.948596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.737729,
        "energy": 36.058677,
        "activity_lines": [
          3.738,
          4.098182,
          4.34419,
          4.849688
        ]
      },
      {
        "date": "2024-05-24",
        "close": 3.27,
        "volume": 1362,
        "typical_volume": 7957.1,
        "trend": 5.186,
        "fair_value": 60.060288,
        "relative_strength": -53.594348,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.341139,
        "energy": 32.676891,
        "activity_lines": [
          3.59,
          3.891455,
          4.181762,
          4.721817
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3.58,
        "volume": 2561,
        "typical_volume": 8085.15,
        "trend": 5.180333,
        "fair_value": 59.03516,
        "relative_strength": -48.276136,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.511776,
        "energy": 27.777949,
        "activity_lines": [
          3.542,
          3.756182,
          4.071381,
          4.618204
        ]
      },
      {
        "date": "2024-06-07",
        "close": 3.48,
        "volume": 858768,
        "typical_volume": 51023.55,
        "trend": 5.113833,
        "fair_value": 57.855545,
        "relative_strength": -48.923046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.981257,
        "energy": 31.336019,
        "activity_lines": [
          3.475333,
          3.654364,
          3.972524,
          4.508505
        ]
      },
      {
        "date": "2024-06-14",
        "close": 3.1,
        "volume": 3103,
        "typical_volume": 51178.7,
        "trend": 5.067167,
        "fair_value": 56.70234,
        "relative_strength": -52.71502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.262131,
        "energy": 32.452068,
        "activity_lines": [
          3.316667,
          3.518,
          3.859,
          4.378581
        ]
      },
      {
        "date": "2024-06-21",
        "close": 3.5,
        "volume": 413,
        "typical_volume": 50525.45,
        "trend": 4.993833,
        "fair_value": 55.619006,
        "relative_strength": -46.126401,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.55998,
        "energy": 27.233689,
        "activity_lines": [
          3.384667,
          3.481636,
          3.806905,
          4.277473
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3.15,
        "volume": 5146,
        "typical_volume": 50165.25,
        "trend": 4.896333,
        "fair_value": 54.509391,
        "relative_strength": -50.734645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.634354,
        "energy": 31.273598,
        "activity_lines": [
          3.306,
          3.408909,
          3.73281,
          4.158516
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2.7,
        "volume": 1589,
        "typical_volume": 50148.85,
        "trend": 4.826333,
        "fair_value": 53.420929,
        "relative_strength": -56.864941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.229888,
        "energy": 39.631859,
        "activity_lines": [
          3.085333,
          3.255636,
          3.621429,
          4.016817
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2.74,
        "volume": 121,
        "typical_volume": 49302.05,
        "trend": 4.667667,
        "fair_value": 52.337532,
        "relative_strength": -56.747084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.963116,
        "energy": 48.137437,
        "activity_lines": [
          2.936667,
          3.129636,
          3.520048,
          3.882215
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3.2,
        "volume": 25570,
        "typical_volume": 49747.95,
        "trend": 4.507667,
        "fair_value": 51.290737,
        "relative_strength": -47.501969,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.42902,
        "energy": 48.610096,
        "activity_lines": [
          2.990667,
          3.110182,
          3.466095,
          3.787527
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3.18,
        "volume": 5487,
        "typical_volume": 48703.05,
        "trend": 4.380333,
        "fair_value": 49.998622,
        "relative_strength": -46.891568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.973883,
        "energy": 37.725908,
        "activity_lines": [
          3.031333,
          3.110727,
          3.407095,
          3.701871
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3.1,
        "volume": 8128,
        "typical_volume": 48593.8,
        "trend": 4.217,
        "fair_value": 48.657917,
        "relative_strength": -44.589929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.12416,
        "energy": 27.68941,
        "activity_lines": [
          3.066667,
          3.094364,
          3.340571,
          3.619269
        ]
      },
      {
        "date": "2024-08-09",
        "close": 5.4,
        "volume": 4752,
        "typical_volume": 48677.4,
        "trend": 4.130333,
        "fair_value": 47.298301,
        "relative_strength": -1.515283,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 9.342615,
        "energy": 13.269892,
        "activity_lines": [
          3.872,
          3.499273,
          3.497857,
          3.695591
        ]
      },
      {
        "date": "2024-08-16",
        "close": 6.2,
        "volume": 63905,
        "typical_volume": 51530.0,
        "trend": 4.070333,
        "fair_value": 45.996699,
        "relative_strength": 10.918781,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 37.815673,
        "energy": 36.123054,
        "activity_lines": [
          4.764,
          4.016545,
          3.73619,
          3.829118
        ]
      },
      {
        "date": "2024-08-23",
        "close": 5.6,
        "volume": 32111,
        "typical_volume": 52965.7,
        "trend": 3.990333,
        "fair_value": 44.729711,
        "relative_strength": 0.763675,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.582335,
        "energy": 50.86891,
        "activity_lines": [
          5.225333,
          4.375273,
          3.913476,
          3.927806
        ]
      },
      {
        "date": "2024-08-30",
        "close": 6.15,
        "volume": 10417,
        "typical_volume": 52709.0,
        "trend": 3.999333,
        "fair_value": 43.365288,
        "relative_strength": 10.948049,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 70.824468,
        "energy": 75.52121,
        "activity_lines": [
          5.71,
          4.788545,
          4.138381,
          4.06714
        ]
      },
      {
        "date": "2024-09-06",
        "close": 4.54,
        "volume": 9167,
        "typical_volume": 52922.15,
        "trend": 4.006667,
        "fair_value": 42.077083,
        "relative_strength": -13.308641,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.322211,
        "energy": 65.666486,
        "activity_lines": [
          5.46,
          4.860909,
          4.204476,
          4.102022
        ]
      },
      {
        "date": "2024-09-13",
        "close": 4.4,
        "volume": 1008,
        "typical_volume": 52797.2,
        "trend": 4.02,
        "fair_value": 40.922596,
        "relative_strength": -16.279583,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.623959,
        "energy": 34.800383,
        "activity_lines": [
          5.067333,
          4.882545,
          4.250952,
          4.127398
        ]
      },
      {
        "date": "2024-09-20",
        "close": 4.0,
        "volume": 1180,
        "typical_volume": 52153.4,
        "trend": 4.036667,
        "fair_value": 39.669391,
        "relative_strength": -24.192538,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 34.170669,
        "energy": 17.507728,
        "activity_lines": [
          4.608,
          4.800545,
          4.256476,
          4.126108
        ]
      },
      {
        "date": "2024-09-27",
        "close": 4.6,
        "volume": 1650,
        "typical_volume": 52163.3,
        "trend": 4.105333,
        "fair_value": 38.520993,
        "relative_strength": -13.686319,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 30.756084,
        "energy": 18.737185,
        "activity_lines": [
          4.495333,
          4.804727,
          4.319143,
          4.162452
        ]
      },
      {
        "date": "2024-10-04",
        "close": 4.74,
        "volume": 2113,
        "typical_volume": 51927.55,
        "trend": 4.156667,
        "fair_value": 37.416763,
        "relative_strength": -8.791571,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.248188,
        "energy": 16.953729,
        "activity_lines": [
          4.496,
          4.808909,
          4.394667,
          4.203398
        ]
      },
      {
        "date": "2024-10-11",
        "close": 4.22,
        "volume": 1382,
        "typical_volume": 51928.55,
        "trend": 4.160667,
        "fair_value": 36.366891,
        "relative_strength": -17.441741,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.025233,
        "energy": 14.932141,
        "activity_lines": [
          4.417333,
          4.690182,
          4.412619,
          4.207484
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3.8,
        "volume": 1855,
        "typical_volume": 51893.25,
        "trend": 4.073333,
        "fair_value": 35.569134,
        "relative_strength": -24.61446,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.18781,
        "energy": 10.387698,
        "activity_lines": [
          4.22,
          4.474727,
          4.386048,
          4.184215
        ]
      },
      {
        "date": "2024-10-25",
        "close": 4.28,
        "volume": 2359,
        "typical_volume": 9072.8,
        "trend": 4.036667,
        "fair_value": 34.711955,
        "relative_strength": -14.25332,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.965267,
        "energy": 8.863065,
        "activity_lines": [
          4.222667,
          4.375636,
          4.404143,
          4.197548
        ]
      },
      {
        "date": "2024-11-01",
        "close": 4.0,
        "volume": 701,
        "typical_volume": 8952.7,
        "trend": 4.016667,
        "fair_value": 33.920288,
        "relative_strength": -18.602403,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.967975,
        "energy": 9.823509,
        "activity_lines": [
          4.113333,
          4.260545,
          4.391762,
          4.195183
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4.8,
        "volume": 13716,
        "typical_volume": 9617.85,
        "trend": 4.01,
        "fair_value": 33.13375,
        "relative_strength": -1.680101,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.831144,
        "energy": 10.484349,
        "activity_lines": [
          4.310667,
          4.32,
          4.451286,
          4.24572
        ]
      },
      {
        "date": "2024-11-15",
        "close": 5.2,
        "volume": 52173,
        "typical_volume": 11969.2,
        "trend": 4.076,
        "fair_value": 32.385833,
        "relative_strength": 8.554416,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.018602,
        "energy": 18.802035,
        "activity_lines": [
          4.637333,
          4.476727,
          4.542714,
          4.322495
        ]
      },
      {
        "date": "2024-11-22",
        "close": 4.5,
        "volume": 9532,
        "typical_volume": 12366.35,
        "trend": 4.099333,
        "fair_value": 31.674295,
        "relative_strength": -5.481873,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.26231,
        "energy": 18.708609,
        "activity_lines": [
          4.665333,
          4.494182,
          4.557714,
          4.349849
        ]
      },
      {
        "date": "2024-11-29",
        "close": 4.7,
        "volume": 7089,
        "typical_volume": 12714.75,
        "trend": 4.122667,
        "fair_value": 30.985673,
        "relative_strength": -0.431915,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.68007,
        "energy": 19.482164,
        "activity_lines": [
          4.713333,
          4.546182,
          4.58319,
          4.388602
        ]
      },
      {
        "date": "2024-12-06",
        "close": 3.5,
        "volume": 42281,
        "typical_volume": 13550.3,
        "trend": 4.089333,
        "fair_value": 30.318205,
        "relative_strength": -28.159874,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.95369,
        "energy": 3.869059,
        "activity_lines": [
          4.333333,
          4.367273,
          4.485048,
          4.34843
        ]
      },
      {
        "date": "2024-12-13",
        "close": 4.16,
        "volume": 44381,
        "typical_volume": 15495.0,
        "trend": 4.126333,
        "fair_value": 29.645352,
        "relative_strength": -11.290646,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.450294,
        "energy": 9.285137,
        "activity_lines": [
          4.206667,
          4.328364,
          4.448333,
          4.352989
        ]
      },
      {
        "date": "2024-12-20",
        "close": 3.6,
        "volume": 5941,
        "typical_volume": 15385.65,
        "trend": 4.137333,
        "fair_value": 28.96891,
        "relative_strength": -19.077176,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.455372,
        "energy": 15.763919,
        "activity_lines": [
          3.936,
          4.198182,
          4.353619,
          4.319032
        ]
      },
      {
        "date": "2024-12-27",
        "close": 4.0,
        "volume": 8263,
        "typical_volume": 15561.2,
        "trend": 4.151333,
        "fair_value": 28.280609,
        "relative_strength": -9.374358,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.486113,
        "energy": 18.547999,
        "activity_lines": [
          3.905333,
          4.152,
          4.294619,
          4.310172
        ]
      },
      {
        "date": "2025-01-03",
        "close": 4.72,
        "volume": 39363,
        "typical_volume": 14334.1,
        "trend": 4.192667,
        "fair_value": 27.500769,
        "relative_strength": 7.839057,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.779062,
        "energy": 7.775607,
        "activity_lines": [
          4.148,
          4.233091,
          4.310857,
          4.34686
        ]
      },
      {
        "date": "2025-01-10",
        "close": 4.24,
        "volume": 13669,
        "typical_volume": 13412.0,
        "trend": 4.230667,
        "fair_value": 26.806795,
        "relative_strength": -1.740026,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.273495,
        "energy": 3.360167,
        "activity_lines": [
          4.229333,
          4.218909,
          4.288429,
          4.349914
        ]
      },
      {
        "date": "2025-01-17",
        "close": 4.1,
        "volume": 5380,
        "typical_volume": 13160.15,
        "trend": 4.250667,
        "fair_value": 26.143173,
        "relative_strength": -6.36856,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.583484,
        "energy": 3.397385,
        "activity_lines": [
          4.214667,
          4.174909,
          4.259143,
          4.341484
        ]
      },
      {
        "date": "2025-01-24",
        "close": 5.45,
        "volume": 10116,
        "typical_volume": 13207.6,
        "trend": 4.327333,
        "fair_value": 25.536282,
        "relative_strength": 23.922337,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.909825,
        "energy": 21.400256,
        "activity_lines": [
          4.654,
          4.389091,
          4.36819,
          4.41886
        ]
      },
      {
        "date": "2025-01-31",
        "close": 4.02,
        "volume": 14984,
        "typical_volume": 13906.4,
        "trend": 4.371333,
        "fair_value": 24.932243,
        "relative_strength": -7.565567,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.222491,
        "energy": 5.26765,
        "activity_lines": [
          4.493333,
          4.338727,
          4.336714,
          4.399032
        ]
      },
      {
        "date": "2025-02-07",
        "close": 4.96,
        "volume": 27103,
        "typical_volume": 15202.55,
        "trend": 4.445333,
        "fair_value": 24.403942,
        "relative_strength": 15.320332,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 8.791741,
        "energy": 10.526661,
        "activity_lines": [
          4.644667,
          4.468,
          4.396571,
          4.437011
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4.98,
        "volume": 807,
        "typical_volume": 15160.4,
        "trend": 4.504667,
        "fair_value": 23.892596,
        "relative_strength": 12.265696,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.914727,
        "energy": 18.449,
        "activity_lines": [
          4.786667,
          4.596182,
          4.453762,
          4.471505
        ]
      },
      {
        "date": "2025-02-21",
        "close": 6.5,
        "volume": 101872,
        "typical_volume": 20148.35,
        "trend": 4.615333,
        "fair_value": 23.366955,
        "relative_strength": 44.525207,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 35.409395,
        "energy": 35.204447,
        "activity_lines": [
          5.386,
          4.973818,
          4.653905,
          4.600237
        ]
      },
      {
        "date": "2025-02-28",
        "close": 9.75,
        "volume": 56858,
        "typical_volume": 22922.15,
        "trend": 4.837,
        "fair_value": 22.756378,
        "relative_strength": 110.508484,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 84.48691,
        "energy": 74.921993,
        "activity_lines": [
          6.908667,
          5.899818,
          5.15519,
          4.931505
        ]
      },
      {
        "date": "2025-03-07",
        "close": 9.85,
        "volume": 36081,
        "typical_volume": 24633.45,
        "trend": 4.985333,
        "fair_value": 22.196923,
        "relative_strength": 106.879788,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.605892,
        "energy": 81.30993,
        "activity_lines": [
          8.178,
          6.732182,
          5.639667,
          5.254925
        ]
      },
      {
        "date": "2025-03-14",
        "close": 8.8,
        "volume": 43549,
        "typical_volume": 26692.95,
        "trend": 5.072,
        "fair_value": 21.652372,
        "relative_strength": 84.66921,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.906055,
        "energy": 79.040687,
        "activity_lines": [
          8.708667,
          7.267273,
          5.995333,
          5.501032
        ]
      },
      {
        "date": "2025-03-21",
        "close": 9.7,
        "volume": 17974,
        "typical_volume": 27556.6,
        "trend": 5.208667,
        "fair_value": 21.084743,
        "relative_strength": 105.094154,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.063374,
        "energy": 81.619004,
        "activity_lines": [
          9.283333,
          7.891818,
          6.41519,
          5.799613
        ]
      },
      {
        "date": "2025-03-28",
        "close": 8.7,
        "volume": 10366,
        "typical_volume": 27389.1,
        "trend": 5.293667,
        "fair_value": 20.339551,
        "relative_strength": 87.643738,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.938923,
        "energy": 67.422873,
        "activity_lines": [
          9.21,
          8.235273,
          6.712667,
          6.02486
        ]
      },
      {
        "date": "2025-04-04",
        "close": 8.15,
        "volume": 6878,
        "typical_volume": 25124.35,
        "trend": 5.414,
        "fair_value": 19.622564,
        "relative_strength": 91.916735,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.239828,
        "energy": 44.239807,
        "activity_lines": [
          8.806667,
          8.395091,
          6.93919,
          6.20914
        ]
      },
      {
        "date": "2025-04-11",
        "close": 9.65,
        "volume": 9709,
        "typical_volume": 25133.2,
        "trend": 5.589,
        "fair_value": 18.806538,
        "relative_strength": 123.020502,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.868039,
        "energy": 44.287186,
        "activity_lines": [
          9.01,
          8.778545,
          7.294524,
          6.48243
        ]
      },
      {
        "date": "2025-04-18",
        "close": 9.0,
        "volume": 2156,
        "typical_volume": 24886.55,
        "trend": 5.755667,
        "fair_value": 18.051731,
        "relative_strength": 96.083509,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.650745,
        "energy": 36.033966,
        "activity_lines": [
          9.01,
          8.941455,
          7.563429,
          6.702495
        ]
      },
      {
        "date": "2025-04-25",
        "close": 8.0,
        "volume": 2053,
        "typical_volume": 22875.15,
        "trend": 5.869,
        "fair_value": 17.287628,
        "relative_strength": 66.199586,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.799108,
        "energy": 27.943853,
        "activity_lines": [
          8.663333,
          8.849091,
          7.716619,
          6.84729
        ]
      },
      {
        "date": "2025-05-02",
        "close": 9.3,
        "volume": 6211,
        "typical_volume": 20966.65,
        "trend": 6.021,
        "fair_value": 16.703974,
        "relative_strength": 86.435951,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.7838,
        "energy": 30.493306,
        "activity_lines": [
          8.863333,
          8.938182,
          7.97219,
          7.068645
        ]
      },
      {
        "date": "2025-05-09",
        "close": 8.5,
        "volume": 3518,
        "typical_volume": 20845.5,
        "trend": 6.163667,
        "fair_value": 16.152692,
        "relative_strength": 68.529273,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.509521,
        "energy": 24.331792,
        "activity_lines": [
          8.756667,
          8.830909,
          8.127095,
          7.228581
        ]
      },
      {
        "date": "2025-05-16",
        "close": 9.1,
        "volume": 9795,
        "typical_volume": 20922.1,
        "trend": 6.340333,
        "fair_value": 15.630256,
        "relative_strength": 69.868428,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.388224,
        "energy": 24.219652,
        "activity_lines": [
          8.826667,
          8.855455,
          8.31581,
          7.418022
        ]
      },
      {
        "date": "2025-05-23",
        "close": 9.2,
        "volume": 18894,
        "typical_volume": 19898.65,
        "trend": 6.504333,
        "fair_value": 15.131538,
        "relative_strength": 72.322706,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.739557,
        "energy": 32.101647,
        "activity_lines": [
          8.966667,
          8.911818,
          8.489762,
          7.602516
        ]
      },
      {
        "date": "2025-05-30",
        "close": 9.4,
        "volume": 9389,
        "typical_volume": 19684.65,
        "trend": 6.684333,
        "fair_value": 14.647564,
        "relative_strength": 71.248973,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.134853,
        "energy": 34.618071,
        "activity_lines": [
          9.16,
          8.997273,
          8.661429,
          7.789333
        ]
      },
      {
        "date": "2025-06-06",
        "close": 9.3,
        "volume": 6470,
        "typical_volume": 19739.15,
        "trend": 6.834333,
        "fair_value": 14.154295,
        "relative_strength": 64.321916,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.887975,
        "energy": 39.700784,
        "activity_lines": [
          9.226667,
          9.07,
          8.799,
          7.958086
        ]
      },
      {
        "date": "2025-06-13",
        "close": 8.75,
        "volume": 5005,
        "typical_volume": 19483.6,
        "trend": 6.952667,
        "fair_value": 13.662308,
        "relative_strength": 55.370127,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.559111,
        "energy": 33.395691,
        "activity_lines": [
          9.11,
          9.031818,
          8.859429,
          8.081677
        ]
      },
      {
        "date": "2025-06-20",
        "close": 9.4,
        "volume": 2971,
        "typical_volume": 18882.95,
        "trend": 7.116,
        "fair_value": 13.217756,
        "relative_strength": 64.337573,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.898649,
        "energy": 32.853113,
        "activity_lines": [
          9.193333,
          9.100909,
          8.966048,
          8.23957
        ]
      },
      {
        "date": "2025-06-27",
        "close": 8.65,
        "volume": 2878,
        "typical_volume": 17671.7,
        "trend": 7.247667,
        "fair_value": 12.828974,
        "relative_strength": 45.008412,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.168903,
        "energy": 22.622546,
        "activity_lines": [
          9.006667,
          9.038182,
          8.975619,
          8.338538
        ]
      },
      {
        "date": "2025-07-04",
        "close": 7.55,
        "volume": 7602,
        "typical_volume": 18011.45,
        "trend": 7.382667,
        "fair_value": 12.484103,
        "relative_strength": 24.290631,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 5.995044,
        "energy": 8.543638,
        "activity_lines": [
          8.49,
          8.781818,
          8.862857,
          8.358043
        ]
      },
      {
        "date": "2025-07-11",
        "close": 7.75,
        "volume": 2604,
        "typical_volume": 13048.05,
        "trend": 7.502333,
        "fair_value": 12.192436,
        "relative_strength": 23.977088,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 4.610289,
        "energy": 12.322372,
        "activity_lines": [
          8.163333,
          8.57,
          8.756905,
          8.381742
        ]
      },
      {
        "date": "2025-07-18",
        "close": 11.2,
        "volume": 35542,
        "typical_volume": 11982.25,
        "trend": 7.755667,
        "fair_value": 11.864711,
        "relative_strength": 74.737169,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.12235,
        "energy": 23.989296,
        "activity_lines": [
          9.09,
          9.013636,
          8.973571,
          8.620301
        ]
      },
      {
        "date": "2025-07-25",
        "close": 11.3,
        "volume": 23152,
        "typical_volume": 11335.8,
        "trend": 7.999,
        "fair_value": 11.553013,
        "relative_strength": 68.275443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.118257,
        "energy": 32.934465,
        "activity_lines": [
          9.886667,
          9.426364,
          9.192857,
          8.848968
        ]
      },
      {
        "date": "2025-08-01",
        "close": 10.2,
        "volume": 12528,
        "typical_volume": 9784.75,
        "trend": 8.181667,
        "fair_value": 11.270801,
        "relative_strength": 53.090601,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.859567,
        "energy": 40.836043,
        "activity_lines": [
          10.19,
          9.599091,
          9.300476,
          8.990968
        ]
      },
      {
        "date": "2025-08-08",
        "close": 11.7,
        "volume": 26452,
        "typical_volume": 10208.65,
        "trend": 8.430333,
        "fair_value": 10.99532,
        "relative_strength": 68.097295,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.17932,
        "energy": 54.806285,
        "activity_lines": [
          10.89,
          10.026364,
          9.544286,
          9.217957
        ]
      },
      {
        "date": "2025-08-15",
        "close": 20.0,
        "volume": 48013,
        "typical_volume": 12091.0,
        "trend": 8.960333,
        "fair_value": 10.812468,
        "relative_strength": 173.170462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.059828,
        "energy": 84.965276,
        "activity_lines": [
          14.08,
          11.920909,
          10.569048,
          9.964387
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.799999,
        "volume": 35431,
        "typical_volume": 13518.65,
        "trend": 9.405333,
        "fair_value": 10.636346,
        "relative_strength": 144.007128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.102272,
        "energy": 87.859916,
        "activity_lines": [
          16.053333,
          13.402727,
          11.425714,
          10.599204
        ]
      },
      {
        "date": "2025-08-29",
        "close": 18.799999,
        "volume": 40991,
        "typical_volume": 15082.75,
        "trend": 9.898,
        "fair_value": 10.494359,
        "relative_strength": 142.135224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.810418,
        "energy": 85.884799,
        "activity_lines": [
          17.519999,
          14.701818,
          12.231666,
          11.205312
        ]
      },
      {
        "date": "2025-09-05",
        "close": 16.299999,
        "volume": 58603,
        "typical_volume": 17905.1,
        "trend": 10.276,
        "fair_value": 10.328654,
        "relative_strength": 104.053692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.070942,
        "energy": 78.932098,
        "activity_lines": [
          17.653333,
          15.375454,
          12.755952,
          11.618344
        ]
      },
      {
        "date": "2025-09-12",
        "close": 14.9,
        "volume": 21042,
        "typical_volume": 18854.55,
        "trend": 10.606667,
        "fair_value": 10.15109,
        "relative_strength": 81.425816,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.509441,
        "energy": 50.11083,
        "activity_lines": [
          16.913333,
          15.655454,
          13.112143,
          11.916666
        ]
      },
      {
        "date": "2025-09-19",
        "close": 14.4,
        "volume": 25267,
        "typical_volume": 19807.35,
        "trend": 10.87,
        "fair_value": 9.991955,
        "relative_strength": 70.51075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.158039,
        "energy": 37.17656,
        "activity_lines": [
          15.793333,
          15.710909,
          13.387857,
          12.161398
        ]
      },
      {
        "date": "2025-09-26",
        "close": 15.0,
        "volume": 8431,
        "typical_volume": 20053.0,
        "trend": 11.045,
        "fair_value": 9.859744,
        "relative_strength": 73.623924,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.857002,
        "energy": 23.603399,
        "activity_lines": [
          15.246666,
          15.754545,
          13.696428,
          12.427849
        ]
      },
      {
        "date": "2025-10-03",
        "close": 13.1,
        "volume": 13995,
        "typical_volume": 20263.0,
        "trend": 11.153333,
        "fair_value": 9.674968,
        "relative_strength": 44.411478,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.769783,
        "energy": 20.085507,
        "activity_lines": [
          14.32,
          15.383636,
          13.793095,
          12.56043
        ]
      },
      {
        "date": "2025-10-10",
        "close": 11.8,
        "volume": 19210,
        "typical_volume": 20278.8,
        "trend": 11.253333,
        "fair_value": 9.472724,
        "relative_strength": 29.074898,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.155486,
        "energy": 17.52129,
        "activity_lines": [
          13.34,
          14.743636,
          13.746905,
          12.60215
        ]
      },
      {
        "date": "2025-10-17",
        "close": 12.7,
        "volume": 11998,
        "typical_volume": 20409.25,
        "trend": 11.353333,
        "fair_value": 9.268558,
        "relative_strength": 36.713218,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.224802,
        "energy": 18.685733,
        "activity_lines": [
          12.96,
          14.238182,
          13.774047,
          12.695484
        ]
      },
      {
        "date": "2025-10-24",
        "close": 13.4,
        "volume": 16398,
        "typical_volume": 20905.65,
        "trend": 11.51,
        "fair_value": 9.104455,
        "relative_strength": 37.397771,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.545603,
        "energy": 14.246397,
        "activity_lines": [
          12.96,
          13.841818,
          13.852143,
          12.827527
        ]
      },
      {
        "date": "2025-10-31",
        "close": 22.200001,
        "volume": 246877,
        "typical_volume": 32999.25,
        "trend": 11.978333,
        "fair_value": 9.047244,
        "relative_strength": 121.401479,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.878041,
        "energy": 32.152039,
        "activity_lines": [
          15.96,
          15.165455,
          14.748809,
          13.517204
        ]
      },
      {
        "date": "2025-11-07",
        "close": 17.299999,
        "volume": 77132,
        "typical_volume": 36707.3,
        "trend": 12.233333,
        "fair_value": 8.98266,
        "relative_strength": 70.643958,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 49.31211,
        "energy": 34.286589,
        "activity_lines": [
          16.846667,
          15.536364,
          15.114762,
          13.860538
        ]
      },
      {
        "date": "2025-11-14",
        "close": 16.200001,
        "volume": 28007,
        "typical_volume": 37963.75,
        "trend": 12.473333,
        "fair_value": 8.880737,
        "relative_strength": 55.338753,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.533417,
        "energy": 40.760086,
        "activity_lines": [
          17.086667,
          15.734546,
          15.338333,
          14.116452
        ]
      },
      {
        "date": "2025-11-21",
        "close": 16.4,
        "volume": 17978,
        "typical_volume": 38482.55,
        "trend": 12.753333,
        "fair_value": 8.826731,
        "relative_strength": 57.196903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.149021,
        "energy": 45.42566,
        "activity_lines": [
          17.1,
          15.970909,
          15.545,
          14.369785
        ]
      },
      {
        "date": "2025-11-28",
        "close": 17.4,
        "volume": 26204,
        "typical_volume": 39662.55,
        "trend": 13.023333,
        "fair_value": 8.806058,
        "relative_strength": 58.05403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.366898,
        "energy": 29.053654,
        "activity_lines": [
          17.2,
          16.361818,
          15.804762,
          14.66957
        ]
      },
      {
        "date": "2025-12-05",
        "close": 18.4,
        "volume": 23045,
        "typical_volume": 39037.7,
        "trend": 13.353333,
        "fair_value": 8.804295,
        "relative_strength": 60.791601,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.617225,
        "energy": 29.309791,
        "activity_lines": [
          17.366667,
          16.88,
          16.11381,
          15.016452
        ]
      },
      {
        "date": "2025-12-12",
        "close": 22.799999,
        "volume": 52225,
        "typical_volume": 40491.35,
        "trend": 13.81,
        "fair_value": 8.761026,
        "relative_strength": 93.698827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.631551,
        "energy": 44.85676,
        "activity_lines": [
          19.253333,
          18.136364,
          16.807619,
          15.625914
        ]
      },
      {
        "date": "2025-12-19",
        "close": 16.799999,
        "volume": 71713,
        "typical_volume": 43450.6,
        "trend": 14.063333,
        "fair_value": 8.708622,
        "relative_strength": 38.854716,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.099885,
        "energy": 30.321506,
        "activity_lines": [
          18.773333,
          18.125454,
          16.875238,
          15.818817
        ]
      },
      {
        "date": "2025-12-26",
        "close": 16.1,
        "volume": 14115,
        "typical_volume": 42833.75,
        "trend": 14.286667,
        "fair_value": 8.628654,
        "relative_strength": 30.323407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.720932,
        "energy": 26.041679,
        "activity_lines": [
          18.02,
          17.896363,
          16.844762,
          15.950215
        ]
      },
      {
        "date": "2026-01-02",
        "close": 13.0,
        "volume": 36631,
        "typical_volume": 42264.65,
        "trend": 14.41,
        "fair_value": 8.549006,
        "relative_strength": 2.85676,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 19.82056,
        "energy": 9.113963,
        "activity_lines": [
          16.253333,
          17.041818,
          16.498095,
          15.867204
        ]
      },
      {
        "date": "2026-01-09",
        "close": 12.7,
        "volume": 34974,
        "typical_volume": 42241.8,
        "trend": 14.541667,
        "fair_value": 8.491474,
        "relative_strength": -3.764725,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.743349,
        "energy": 12.596423,
        "activity_lines": [
          14.68,
          16.14,
          16.15619,
          15.756882
        ]
      },
      {
        "date": "2026-01-16",
        "close": 15.0,
        "volume": 24630,
        "typical_volume": 41423.75,
        "trend": 14.728333,
        "fair_value": 8.459744,
        "relative_strength": 9.650349,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.544341,
        "energy": 15.123496,
        "activity_lines": [
          14.253333,
          15.829091,
          16.062381,
          15.786451
        ]
      },
      {
        "date": "2026-01-23",
        "close": 12.4,
        "volume": 32523,
        "typical_volume": 40119.75,
        "trend": 14.853333,
        "fair_value": 8.424808,
        "relative_strength": -9.392466,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.364608,
        "energy": 20.124368,
        "activity_lines": [
          13.48,
          15.087273,
          15.739048,
          15.636236
        ]
      },
      {
        "date": "2026-01-30",
        "close": 13.2,
        "volume": 17996,
        "typical_volume": 39967.45,
        "trend": 15.041667,
        "fair_value": 8.389712,
        "relative_strength": -5.106914,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.282747,
        "energy": 33.650923,
        "activity_lines": [
          13.266667,
          14.56,
          15.510476,
          15.52957
        ]
      },
      {
        "date": "2026-02-06",
        "close": 14.3,
        "volume": 7914,
        "typical_volume": 39099.8,
        "trend": 15.26,
        "fair_value": 8.362147,
        "relative_strength": -1.407314,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.163477,
        "energy": 24.983706,
        "activity_lines": [
          13.613333,
          14.290909,
          15.394762,
          15.48172
        ]
      },
      {
        "date": "2026-02-13",
        "close": 12.5,
        "volume": 20459,
        "typical_volume": 39701.2,
        "trend": 15.303333,
        "fair_value": 8.327372,
        "relative_strength": -14.566892,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.134533,
        "energy": 29.285696,
        "activity_lines": [
          13.273333,
          13.750909,
          15.108095,
          15.303656
        ]
      },
      {
        "date": "2026-02-20",
        "close": 11.4,
        "volume": 39609,
        "typical_volume": 40981.9,
        "trend": 15.306667,
        "fair_value": 8.288429,
        "relative_strength": -23.945771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.339532,
        "energy": 41.905533,
        "activity_lines": [
          12.58,
          13.118182,
          14.728571,
          15.051828
        ]
      },
      {
        "date": "2026-02-27",
        "close": 11.9,
        "volume": 24493,
        "typical_volume": 41246.05,
        "trend": 15.363333,
        "fair_value": 8.264231,
        "relative_strength": -21.688309,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.975208,
        "energy": 39.681616,
        "activity_lines": [
          12.293333,
          12.783636,
          14.404762,
          14.832043
        ]
      },
      {
        "date": "2026-03-06",
        "close": 11.0,
        "volume": 26102,
        "typical_volume": 41951.25,
        "trend": 15.34,
        "fair_value": 8.248686,
        "relative_strength": -23.226209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.701692,
        "energy": 48.641036,
        "activity_lines": [
          11.74,
          12.374545,
          13.994762,
          14.550538
        ]
      },
      {
        "date": "2026-03-13",
        "close": 10.6,
        "volume": 10084,
        "typical_volume": 41635.55,
        "trend": 15.026667,
        "fair_value": 8.233942,
        "relative_strength": -25.602008,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.882417,
        "energy": 53.979278,
        "activity_lines": [
          11.2,
          11.985455,
          13.554762,
          14.244731
        ]
      },
      {
        "date": "2026-03-20",
        "close": 10.4,
        "volume": 2344,
        "typical_volume": 29408.9,
        "trend": 14.746667,
        "fair_value": 8.215994,
        "relative_strength": -23.062552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.10151,
        "energy": 58.642646,
        "activity_lines": [
          10.84,
          11.603636,
          13.109048,
          13.946237
        ]
      },
      {
        "date": "2026-03-27",
        "close": 10.0,
        "volume": 666,
        "typical_volume": 25585.6,
        "trend": 14.453333,
        "fair_value": 8.196442,
        "relative_strength": -26.022934,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.762465,
        "energy": 58.977792,
        "activity_lines": [
          10.486667,
          11.190909,
          12.681429,
          13.64
        ]
      },
      {
        "date": "2026-04-03",
        "close": 10.8,
        "volume": 28535,
        "typical_volume": 25612.0,
        "trend": 14.27,
        "fair_value": 8.187788,
        "relative_strength": -22.871075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.755228,
        "energy": 47.330734,
        "activity_lines": [
          10.493333,
          11.014545,
          12.364762,
          13.404301
        ]
      },
      {
        "date": "2026-04-10",
        "close": 11.4,
        "volume": 21401,
        "typical_volume": 25783.15,
        "trend": 14.153333,
        "fair_value": 8.195962,
        "relative_strength": -22.180349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.061681,
        "energy": 34.175628,
        "activity_lines": [
          10.773333,
          10.976364,
          12.130952,
          13.21914
        ]
      },
      {
        "date": "2026-04-17",
        "close": 10.2,
        "volume": 15512,
        "typical_volume": 25248.55,
        "trend": 14.013333,
        "fair_value": 8.192596,
        "relative_strength": -31.780985,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.760607,
        "energy": 34.187247,
        "activity_lines": [
          10.626667,
          10.752727,
          11.806667,
          12.964086
        ]
      },
      {
        "date": "2026-04-24",
        "close": 9.98,
        "volume": 8668,
        "typical_volume": 24529.7,
        "trend": 13.846,
        "fair_value": 8.195994,
        "relative_strength": -31.485972,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.995123,
        "energy": 33.856925,
        "activity_lines": [
          10.433333,
          10.563636,
          11.495714,
          12.703871
        ]
      },
      {
        "date": "2026-05-01",
        "close": 9.98,
        "volume": 13104,
        "typical_volume": 22573.65,
        "trend": 13.742,
        "fair_value": 8.202756,
        "relative_strength": -30.430421,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.471592,
        "energy": 34.989983,
        "activity_lines": [
          10.268,
          10.420364,
          11.224857,
          12.454452
        ]
      },
      {
        "date": "2026-05-08",
        "close": 11.4,
        "volume": 38445,
        "typical_volume": 20910.25,
        "trend": 13.728667,
        "fair_value": 8.218141,
        "relative_strength": -20.950224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.342869,
        "energy": 27.013572,
        "activity_lines": [
          10.577333,
          10.561091,
          11.150286,
          12.303355
        ]
      },
      {
        "date": "2026-05-15",
        "close": 10.95,
        "volume": 1266,
        "typical_volume": 20267.8,
        "trend": 13.670333,
        "fair_value": 8.224391,
        "relative_strength": -23.148335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.135908,
        "energy": 23.268878,
        "activity_lines": [
          10.696667,
          10.629091,
          11.058571,
          12.124086
        ]
      },
      {
        "date": "2026-05-22",
        "close": 10.6,
        "volume": 4237,
        "typical_volume": 18648.1,
        "trend": 13.577,
        "fair_value": 8.245705,
        "relative_strength": -28.098055,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.259431,
        "energy": 21.137148,
        "activity_lines": [
          10.729333,
          10.634364,
          10.958048,
          11.926
        ]
      },
      {
        "date": "2026-05-29",
        "close": 9.76,
        "volume": 35139,
        "typical_volume": 18656.35,
        "trend": 13.162333,
        "fair_value": 8.267404,
        "relative_strength": -33.447211,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.23336,
        "energy": 25.972505,
        "activity_lines": [
          10.455333,
          10.486909,
          10.788952,
          11.679742
        ]
      },
      {
        "date": "2026-06-05",
        "close": 9.16,
        "volume": 50,
        "typical_volume": 17427.35,
        "trend": 12.891,
        "fair_value": 8.259776,
        "relative_strength": -36.909387,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.177761,
        "energy": 33.148501,
        "activity_lines": [
          9.996,
          10.242,
          10.576714,
          11.421527
        ]
      },
      {
        "date": "2026-06-12",
        "close": 8.72,
        "volume": 10637,
        "typical_volume": 16333.05,
        "trend": 12.641667,
        "fair_value": 8.268558,
        "relative_strength": -39.696964,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.119315,
        "energy": 47.996922,
        "activity_lines": [
          9.444667,
          9.932364,
          10.350381,
          11.15243
        ]
      },
      {
        "date": "2026-06-19",
        "close": 9.28,
        "volume": 8245,
        "typical_volume": 15845.5,
        "trend": 12.404333,
        "fair_value": 8.282372,
        "relative_strength": -36.897189,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.055955,
        "energy": 48.030498,
        "activity_lines": [
          9.258667,
          9.762364,
          10.194905,
          10.935548
        ]
      },
      {
        "date": "2026-06-26",
        "close": 8.92,
        "volume": 404,
        "typical_volume": 15470.0,
        "trend": 12.121667,
        "fair_value": 8.293878,
        "relative_strength": -38.703859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.26648,
        "energy": 50.986267,
        "activity_lines": [
          9.064,
          9.565455,
          10.02381,
          10.710753
        ]
      },
      {
        "date": "2026-07-03",
        "close": 9.2,
        "volume": 456,
        "typical_volume": 14469.85,
        "trend": 11.815,
        "fair_value": 8.30766,
        "relative_strength": -38.5559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.10495,
        "energy": 49.449627,
        "activity_lines": [
          9.074667,
          9.442727,
          9.905,
          10.522258
        ]
      },
      {
        "date": "2026-07-10",
        "close": 10.1,
        "volume": 4152,
        "typical_volume": 12697.0,
        "trend": 11.391667,
        "fair_value": 8.327212,
        "relative_strength": -31.113355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.441053,
        "energy": 30.316114,
        "activity_lines": [
          9.422667,
          9.497818,
          9.887619,
          10.411613
        ]
      },
      {
        "date": "2026-07-17",
        "close": 9.9,
        "volume": 5807,
        "typical_volume": 11762.7,
        "trend": 11.161667,
        "fair_value": 8.345481,
        "relative_strength": -31.458062,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.373341,
        "energy": 21.854824,
        "activity_lines": [
          9.641333,
          9.514364,
          9.857381,
          10.315376
        ]
      },
      {
        "date": "2026-07-24",
        "close": 11.1,
        "volume": 2183,
        "typical_volume": 10566.75,
        "trend": 10.995,
        "fair_value": 8.361827,
        "relative_strength": -24.139846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.589758,
        "energy": 12.63498,
        "activity_lines": [
          10.181333,
          9.776364,
          9.950952,
          10.311398
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10.25,
        "volume": 1250,
        "typical_volume": 10125.05,
        "trend": 10.903333,
        "fair_value": 8.36984,
        "relative_strength": -30.716227,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.71556,
        "energy": 18.038698,
        "activity_lines": [
          10.316667,
          9.881091,
          9.963095,
          10.263333
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.15,
        "volume": 2464,
        "typical_volume": 10131.05,
        "trend": 10.818333,
        "fair_value": 8.37625,
        "relative_strength": -32.338676,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.468663,
        "energy": 13.787407,
        "activity_lines": [
          10.33,
          9.974,
          9.967381,
          10.214731
        ]
      }
    ],
    "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."
    }
  }
}