{
  "ticker": {
    "uuid": "cb0e6839-f5ff-41e6-9ba9-45806ff97f23",
    "symbol": "CLARI",
    "name": "Clariane SE",
    "exchange": "PAR",
    "country": "FR",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FCHI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 57.721,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 19.419,
    "architecture_energy": 13.454,
    "architecture_maturity": 17.815,
    "architecture_confidence": 73.825,
    "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": 56.25,
        "rotation_up": 26.6,
        "upward_expansion": 49.08,
        "deceleration": 77.82,
        "rotation_down": 32.18,
        "downward_expansion": 27.08
      },
      "activity_lines": [
        4.024933,
        4.054727,
        4.066952,
        4.014551
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 4.096,
    "trend_reference": 3.954933,
    "distance_from_trend": 0.035669,
    "trend_direction": "Improving",
    "fair_value": 3.320143,
    "distance_from_fair_value": 0.233682,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.215042,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.067223,
    "excess_performance": 0.013911,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.035669,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.036535,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.233682,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.008356,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.04215,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.074782,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.067223,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.833878,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1622121,
      "relative_activity": 1.232975,
      "balance": 0.833878,
      "dry_up": 0.889566,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.049429,
      "annualized_volatility": 0.270151,
      "from_high_reference": -0.166802,
      "from_low_reference": 0.252599
    },
    "levels": {
      "trend_reference": 3.954933,
      "fair_value_reference": 3.320143,
      "structural_low": 3.278,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.123809,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": 0.068553,
        "regime_survival": 0.666667,
        "best_return": 0.309654,
        "worst_return": -0.163145,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.059843,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.061281,
        "regime_survival": 0.666667,
        "best_return": 1.361976,
        "worst_return": -0.005448,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.735949,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.690714,
        "regime_survival": 0.5,
        "best_return": 1.41783,
        "worst_return": 0.054068,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 1.010741,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.890196,
        "regime_survival": 0.0,
        "best_return": 1.010741,
        "worst_return": 1.010741,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-20",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": 0.179377,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-24",
        "end": "2025-04-25",
        "tenure": "Established",
        "return": 0.635283,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-02",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.094872,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-20",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.036873,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-11-07",
        "tenure": "Established",
        "return": -0.28121,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-14",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.024118,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.043478,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.106037,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.044444,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.065012,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": -0.042743,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-26",
        "end": "2026-07-03",
        "tenure": "New",
        "return": -0.002364,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-10",
        "end": "2026-07-17",
        "tenure": "New",
        "return": 0.011083,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.03854,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 5.565,
        "volume": 3676747,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 5.975,
        "volume": 1878199,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 6.27,
        "volume": 1329137,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 5.985,
        "volume": 1023986,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 6.105,
        "volume": 1555575,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 6.19,
        "volume": 1798627,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 5.7,
        "volume": 2895237,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 5.335,
        "volume": 1484562,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 5.02,
        "volume": 2038586,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 5.065,
        "volume": 1204114,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 3.712,
        "volume": 6514899,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 3.92,
        "volume": 3907140,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 3.642,
        "volume": 2067407,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 2.9,
        "volume": 8162307,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 2.35,
        "volume": 4498996,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 2.19,
        "volume": 5699756,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 2.278,
        "volume": 3950435,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2.396,
        "volume": 4483710,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 2.436,
        "volume": 3595392,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 2.404,
        "volume": 1444448,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 2.496,
        "volume": 2505959,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 2.222,
        "volume": 2136411,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 2.088,
        "volume": 1738079,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 2.368,
        "volume": 1822524,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 2.218,
        "volume": 1773260,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 2.05,
        "volume": 1943635,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1.778,
        "volume": 3242927,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1.772,
        "volume": 4975885,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1.902,
        "volume": 7063134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1.588,
        "volume": 3335840,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1.504,
        "volume": 4375710,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1.464,
        "volume": 3591343,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1.474,
        "volume": 1788367,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1.725,
        "volume": 3441451,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1.66,
        "volume": 1806309,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1.586,
        "volume": 1487954,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1.88,
        "volume": 2576244,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 2.35,
        "volume": 5896705,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3.496,
        "volume": 7542501,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 3.6,
        "volume": 4167134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 3.79,
        "volume": 11196448,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3.216,
        "volume": 3073193,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2.039302,
        "volume": 3358712,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2.054,
        "volume": 6723429,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2.19,
        "volume": 4733291,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1.84,
        "volume": 5465930,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2.238,
        "volume": 5977383,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1.979,
        "volume": 9020406,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1.805,
        "volume": 7009503,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1.906,
        "volume": 2968755,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1.799,
        "volume": 3765249,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1.885,
        "volume": 7555747,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2.0,
        "volume": 4221278,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1.822,
        "volume": 6500972,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1.932,
        "volume": 8121639,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1.75,
        "volume": 7069630,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1.712,
        "volume": 3020127,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1.754,
        "volume": 3988912,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1.779,
        "volume": 2449009,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1.664,
        "volume": 2487277,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1.59,
        "volume": 2095202,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1.609,
        "volume": 2882557,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1.911,
        "volume": 4172405,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2.054,
        "volume": 8100649,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2.002,
        "volume": 5440644,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1.896,
        "volume": 2040073,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1.74,
        "volume": 2721392,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1.871,
        "volume": 3238823,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1.84,
        "volume": 2794162,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1.93,
        "volume": 3112812,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1.862,
        "volume": 6370437,
        "typical_volume": 4419187.35,
        "trend": 1.92231,
        "fair_value": 3.107561,
        "relative_strength": -2.801136,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -24.591102,
        "energy": 10.492389,
        "activity_lines": [
          1.8688,
          1.878691,
          1.837929,
          1.850057
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2.044,
        "volume": 2619740,
        "typical_volume": 4172387.0,
        "trend": 1.883243,
        "fair_value": 3.094431,
        "relative_strength": 5.841486,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 29.052784,
        "energy": 20.347698,
        "activity_lines": [
          1.933933,
          1.910055,
          1.858295,
          1.857908
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2.144,
        "volume": 2582651,
        "typical_volume": 4090455.65,
        "trend": 1.886733,
        "fair_value": 3.08284,
        "relative_strength": 12.480369,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 38.671506,
        "energy": 43.669842,
        "activity_lines": [
          2.012133,
          1.951691,
          1.887429,
          1.874731
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1.862,
        "volume": 5602946,
        "typical_volume": 4045554.35,
        "trend": 1.880333,
        "fair_value": 3.068132,
        "relative_strength": -3.938217,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 19.438234,
        "energy": 26.851914,
        "activity_lines": [
          1.978133,
          1.937818,
          1.889019,
          1.873135
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2.196,
        "volume": 4585081,
        "typical_volume": 3868726.45,
        "trend": 1.880533,
        "fair_value": 3.057749,
        "relative_strength": 9.184708,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 65.105198,
        "energy": 54.184999,
        "activity_lines": [
          2.054,
          1.988164,
          1.922229,
          1.893501
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2.188,
        "volume": 4712341,
        "typical_volume": 3750862.0,
        "trend": 1.892133,
        "fair_value": 3.047517,
        "relative_strength": 6.064532,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.088863,
        "energy": 55.977964,
        "activity_lines": [
          2.109467,
          2.033527,
          1.953419,
          1.913338
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2.168,
        "volume": 11955812,
        "typical_volume": 4197646.25,
        "trend": 1.8898,
        "fair_value": 3.03729,
        "relative_strength": 4.947714,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.704609,
        "energy": 43.693926,
        "activity_lines": [
          2.136533,
          2.069945,
          1.980619,
          1.931135
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2.592,
        "volume": 10787566,
        "typical_volume": 4537578.95,
        "trend": 1.910233,
        "fair_value": 3.032171,
        "relative_strength": 24.586896,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.962127,
        "energy": 73.750345,
        "activity_lines": [
          2.296667,
          2.175673,
          2.046029,
          1.976439
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2.876,
        "volume": 10175549,
        "typical_volume": 4923905.95,
        "trend": 1.945933,
        "fair_value": 3.030397,
        "relative_strength": 33.555589,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.396813,
        "energy": 83.369626,
        "activity_lines": [
          2.5216,
          2.319927,
          2.134495,
          2.038746
        ]
      },
      {
        "date": "2025-02-21",
        "close": 3.048,
        "volume": 6396014,
        "typical_volume": 5119342.8,
        "trend": 1.984,
        "fair_value": 3.030595,
        "relative_strength": 40.407882,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.657804,
        "energy": 90.120713,
        "activity_lines": [
          2.736267,
          2.476618,
          2.234119,
          2.109847
        ]
      },
      {
        "date": "2025-02-28",
        "close": 3.68,
        "volume": 22368816,
        "typical_volume": 6133023.5,
        "trend": 2.0467,
        "fair_value": 3.03781,
        "relative_strength": 67.823691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.285375,
        "energy": 95.40568,
        "activity_lines": [
          3.1048,
          2.727891,
          2.387343,
          2.219267
        ]
      },
      {
        "date": "2025-03-07",
        "close": 3.722,
        "volume": 10160783,
        "typical_volume": 6496934.8,
        "trend": 2.107933,
        "fair_value": 3.045329,
        "relative_strength": 66.462296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.246807,
        "energy": 94.110864,
        "activity_lines": [
          3.387867,
          2.953745,
          2.534614,
          2.327351
        ]
      },
      {
        "date": "2025-03-14",
        "close": 4.064,
        "volume": 12942599,
        "typical_volume": 6935444.5,
        "trend": 2.176733,
        "fair_value": 3.056401,
        "relative_strength": 79.808643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.803542,
        "energy": 93.110966,
        "activity_lines": [
          3.681333,
          3.211273,
          2.704395,
          2.453548
        ]
      },
      {
        "date": "2025-03-21",
        "close": 4.398,
        "volume": 5576318,
        "typical_volume": 6809227.95,
        "trend": 2.2626,
        "fair_value": 3.070827,
        "relative_strength": 89.478301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.514419,
        "energy": 92.994836,
        "activity_lines": [
          3.988,
          3.494618,
          2.895733,
          2.596856
        ]
      },
      {
        "date": "2025-03-28",
        "close": 4.388,
        "volume": 4891427,
        "typical_volume": 6781767.1,
        "trend": 2.344467,
        "fair_value": 3.08484,
        "relative_strength": 87.398354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.16107,
        "energy": 88.111262,
        "activity_lines": [
          4.189867,
          3.730036,
          3.074957,
          2.733978
        ]
      },
      {
        "date": "2025-04-04",
        "close": 3.706,
        "volume": 4776407,
        "typical_volume": 6918583.8,
        "trend": 2.409667,
        "fair_value": 3.091378,
        "relative_strength": 68.974896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.971343,
        "energy": 65.160408,
        "activity_lines": [
          4.075067,
          3.8016,
          3.177867,
          2.821819
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3.642,
        "volume": 5768464,
        "typical_volume": 7070937.4,
        "trend": 2.474,
        "fair_value": 3.097114,
        "relative_strength": 66.784604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.097399,
        "energy": 54.967601,
        "activity_lines": [
          3.9372,
          3.833927,
          3.266062,
          2.901325
        ]
      },
      {
        "date": "2025-04-18",
        "close": 4.134,
        "volume": 2479217,
        "typical_volume": 7032957.1,
        "trend": 2.553333,
        "fair_value": 3.107803,
        "relative_strength": 80.437052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.040153,
        "energy": 50.844852,
        "activity_lines": [
          3.968667,
          3.928909,
          3.392057,
          3.008422
        ]
      },
      {
        "date": "2025-04-25",
        "close": 3.578,
        "volume": 4520882,
        "typical_volume": 7119293.1,
        "trend": 2.6133,
        "fair_value": 3.112601,
        "relative_strength": 48.775532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.10461,
        "energy": 32.259817,
        "activity_lines": [
          3.810133,
          3.894764,
          3.454324,
          3.074529
        ]
      },
      {
        "date": "2025-05-02",
        "close": 3.9,
        "volume": 2572290,
        "typical_volume": 7092267.0,
        "trend": 2.687833,
        "fair_value": 3.120555,
        "relative_strength": 55.342606,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.18221,
        "energy": 31.050569,
        "activity_lines": [
          3.8136,
          3.9064,
          3.538981,
          3.157542
        ]
      },
      {
        "date": "2025-05-09",
        "close": 3.78,
        "volume": 1762284,
        "typical_volume": 6861859.35,
        "trend": 2.760833,
        "fair_value": 3.127149,
        "relative_strength": 50.520034,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.368568,
        "energy": 30.19673,
        "activity_lines": [
          3.8096,
          3.880727,
          3.602829,
          3.228004
        ]
      },
      {
        "date": "2025-05-16",
        "close": 3.734,
        "volume": 3126446,
        "typical_volume": 6887194.65,
        "trend": 2.831667,
        "fair_value": 3.133158,
        "relative_strength": 45.711038,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.273732,
        "energy": 24.249843,
        "activity_lines": [
          3.785333,
          3.844873,
          3.653162,
          3.290789
        ]
      },
      {
        "date": "2025-05-23",
        "close": 3.646,
        "volume": 2154295,
        "typical_volume": 6865776.85,
        "trend": 2.8895,
        "fair_value": 3.138185,
        "relative_strength": 45.050919,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.478326,
        "energy": 22.628295,
        "activity_lines": [
          3.7256,
          3.7928,
          3.687067,
          3.343327
        ]
      },
      {
        "date": "2025-05-30",
        "close": 3.776,
        "volume": 1790447,
        "typical_volume": 6675151.9,
        "trend": 2.9469,
        "fair_value": 3.144378,
        "relative_strength": 49.135947,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.723657,
        "energy": 21.234216,
        "activity_lines": [
          3.741733,
          3.771964,
          3.7262,
          3.40052
        ]
      },
      {
        "date": "2025-06-06",
        "close": 3.998,
        "volume": 2197903,
        "typical_volume": 6555793.0,
        "trend": 3.013433,
        "fair_value": 3.152586,
        "relative_strength": 54.490893,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.035601,
        "energy": 28.939842,
        "activity_lines": [
          3.818667,
          3.8028,
          3.777362,
          3.468333
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4.27,
        "volume": 6407027,
        "typical_volume": 6640527.3,
        "trend": 3.092567,
        "fair_value": 3.163228,
        "relative_strength": 64.886263,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.698614,
        "energy": 38.406675,
        "activity_lines": [
          3.979733,
          3.890182,
          3.845848,
          3.549402
        ]
      },
      {
        "date": "2025-06-20",
        "close": 4.502,
        "volume": 4159879,
        "typical_volume": 6250730.65,
        "trend": 3.184633,
        "fair_value": 3.175858,
        "relative_strength": 72.999518,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.338399,
        "energy": 59.461667,
        "activity_lines": [
          4.185467,
          4.009491,
          3.926514,
          3.640333
        ]
      },
      {
        "date": "2025-06-27",
        "close": 5.055,
        "volume": 7685472,
        "typical_volume": 6095625.95,
        "trend": 3.290767,
        "fair_value": 3.19342,
        "relative_strength": 87.355574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.799261,
        "energy": 75.700454,
        "activity_lines": [
          4.524333,
          4.213709,
          4.048733,
          3.761002
        ]
      },
      {
        "date": "2025-07-04",
        "close": 5.36,
        "volume": 2520675,
        "typical_volume": 5712882.25,
        "trend": 3.4081,
        "fair_value": 3.213481,
        "relative_strength": 94.227056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.799097,
        "energy": 86.134202,
        "activity_lines": [
          4.870933,
          4.456636,
          4.188271,
          3.894501
        ]
      },
      {
        "date": "2025-07-11",
        "close": 5.135,
        "volume": 2180917,
        "typical_volume": 5502127.4,
        "trend": 3.514933,
        "fair_value": 3.231109,
        "relative_strength": 79.074045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.804533,
        "energy": 86.090714,
        "activity_lines": [
          5.036933,
          4.626255,
          4.294552,
          4.005914
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4.884,
        "volume": 1764396,
        "typical_volume": 4471906.4,
        "trend": 3.615667,
        "fair_value": 3.246136,
        "relative_strength": 67.089278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.635571,
        "energy": 81.997933,
        "activity_lines": [
          5.043467,
          4.727782,
          4.36699,
          4.094241
        ]
      },
      {
        "date": "2025-07-25",
        "close": 4.962,
        "volume": 2661232,
        "typical_volume": 4096928.85,
        "trend": 3.712933,
        "fair_value": 3.261594,
        "relative_strength": 66.249941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.451844,
        "energy": 75.162645,
        "activity_lines": [
          5.035067,
          4.823418,
          4.441124,
          4.181101
        ]
      },
      {
        "date": "2025-08-01",
        "close": 4.426,
        "volume": 7248672,
        "typical_volume": 3812232.5,
        "trend": 3.789,
        "fair_value": 3.27199,
        "relative_strength": 51.373107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.287375,
        "energy": 42.14005,
        "activity_lines": [
          4.817333,
          4.799273,
          4.458305,
          4.227105
        ]
      },
      {
        "date": "2025-08-08",
        "close": 4.336,
        "volume": 2143960,
        "typical_volume": 3640614.6,
        "trend": 3.871467,
        "fair_value": 3.281406,
        "relative_strength": 42.399944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.691893,
        "energy": 23.865893,
        "activity_lines": [
          4.611533,
          4.744582,
          4.46519,
          4.262396
        ]
      },
      {
        "date": "2025-08-15",
        "close": 4.63,
        "volume": 1836449,
        "typical_volume": 3487865.7,
        "trend": 3.9526,
        "fair_value": 3.293236,
        "relative_strength": 46.331983,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.292713,
        "energy": 21.381178,
        "activity_lines": [
          4.572,
          4.733164,
          4.500371,
          4.311333
        ]
      },
      {
        "date": "2025-08-22",
        "close": 4.852,
        "volume": 1954915,
        "typical_volume": 3346791.1,
        "trend": 4.0414,
        "fair_value": 3.306791,
        "relative_strength": 49.80133,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.478257,
        "energy": 22.96257,
        "activity_lines": [
          4.640133,
          4.750618,
          4.555543,
          4.369359
        ]
      },
      {
        "date": "2025-08-29",
        "close": 4.28,
        "volume": 2674022,
        "typical_volume": 3192069.0,
        "trend": 4.1118,
        "fair_value": 3.31518,
        "relative_strength": 34.771923,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.87107,
        "energy": 15.945609,
        "activity_lines": [
          4.519733,
          4.653491,
          4.550781,
          4.384753
        ]
      },
      {
        "date": "2025-09-05",
        "close": 3.958,
        "volume": 2365128,
        "typical_volume": 3186364.55,
        "trend": 4.157333,
        "fair_value": 3.320675,
        "relative_strength": 23.505442,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.187036,
        "energy": 8.696207,
        "activity_lines": [
          4.337467,
          4.501855,
          4.512314,
          4.37483
        ]
      },
      {
        "date": "2025-09-12",
        "close": 4.35,
        "volume": 2133354,
        "typical_volume": 3066988.15,
        "trend": 4.206467,
        "fair_value": 3.329398,
        "relative_strength": 31.154967,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.952453,
        "energy": 13.943067,
        "activity_lines": [
          4.317067,
          4.441436,
          4.512019,
          4.38726
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4.32,
        "volume": 10277436,
        "typical_volume": 3452245.45,
        "trend": 4.248867,
        "fair_value": 3.337722,
        "relative_strength": 27.944646,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.672257,
        "energy": 17.167532,
        "activity_lines": [
          4.285733,
          4.393927,
          4.50519,
          4.394585
        ]
      },
      {
        "date": "2025-09-26",
        "close": 4.334,
        "volume": 2020850,
        "typical_volume": 3465173.75,
        "trend": 4.270667,
        "fair_value": 3.346024,
        "relative_strength": 26.260126,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.141119,
        "energy": 16.259007,
        "activity_lines": [
          4.279733,
          4.363782,
          4.497695,
          4.400077
        ]
      },
      {
        "date": "2025-10-03",
        "close": 4.64,
        "volume": 2972759,
        "typical_volume": 3457489.4,
        "trend": 4.301267,
        "fair_value": 3.356718,
        "relative_strength": 29.627197,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.820747,
        "energy": 13.158438,
        "activity_lines": [
          4.410267,
          4.399273,
          4.516705,
          4.423905
        ]
      },
      {
        "date": "2025-10-10",
        "close": 4.506,
        "volume": 2037803,
        "typical_volume": 3451664.8,
        "trend": 4.316,
        "fair_value": 3.366139,
        "relative_strength": 26.51032,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.147221,
        "energy": 14.620426,
        "activity_lines": [
          4.472133,
          4.416255,
          4.518638,
          4.437114
        ]
      },
      {
        "date": "2025-10-17",
        "close": 4.418,
        "volume": 1908474,
        "typical_volume": 3457566.15,
        "trend": 4.316667,
        "fair_value": 3.37469,
        "relative_strength": 18.484742,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.00727,
        "energy": 16.089078,
        "activity_lines": [
          4.468133,
          4.415782,
          4.508095,
          4.443695
        ]
      },
      {
        "date": "2025-10-24",
        "close": 4.498,
        "volume": 1647810,
        "typical_volume": 3430061.5,
        "trend": 4.320333,
        "fair_value": 3.383749,
        "relative_strength": 18.418545,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.080086,
        "energy": 17.36375,
        "activity_lines": [
          4.486267,
          4.428364,
          4.502114,
          4.455394
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3.726,
        "volume": 5548925,
        "typical_volume": 3387156.4,
        "trend": 4.321,
        "fair_value": 3.386487,
        "relative_strength": -1.388566,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.573309,
        "energy": 26.971198,
        "activity_lines": [
          4.2352,
          4.302982,
          4.420229,
          4.417049
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3.328,
        "volume": 3025833,
        "typical_volume": 3330454.1,
        "trend": 4.310533,
        "fair_value": 3.386023,
        "relative_strength": -10.567663,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -50.955801,
        "energy": 61.608619,
        "activity_lines": [
          3.892,
          4.125709,
          4.303029,
          4.352985
        ]
      },
      {
        "date": "2025-11-14",
        "close": 3.4,
        "volume": 1918419,
        "typical_volume": 3042101.45,
        "trend": 4.286067,
        "fair_value": 3.386133,
        "relative_strength": -11.655938,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.947454,
        "energy": 69.720566,
        "activity_lines": [
          3.660267,
          3.978836,
          4.198276,
          4.294241
        ]
      },
      {
        "date": "2025-11-21",
        "close": 3.318,
        "volume": 1292519,
        "typical_volume": 2980693.65,
        "trend": 4.2774,
        "fair_value": 3.385601,
        "relative_strength": -12.391046,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.493685,
        "energy": 83.825236,
        "activity_lines": [
          3.474933,
          3.8272,
          4.093595,
          4.231785
        ]
      },
      {
        "date": "2025-11-28",
        "close": 3.726,
        "volume": 2087066,
        "typical_volume": 2976001.1,
        "trend": 4.2716,
        "fair_value": 3.38824,
        "relative_strength": -4.092494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.447085,
        "energy": 78.804776,
        "activity_lines": [
          3.498933,
          3.768509,
          4.037495,
          4.196211
        ]
      },
      {
        "date": "2025-12-05",
        "close": 3.76,
        "volume": 2165263,
        "typical_volume": 2996044.45,
        "trend": 4.270933,
        "fair_value": 3.391099,
        "relative_strength": -3.954891,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.050434,
        "energy": 65.967251,
        "activity_lines": [
          3.585733,
          3.7268,
          3.991343,
          4.163204
        ]
      },
      {
        "date": "2025-12-12",
        "close": 3.58,
        "volume": 1897907,
        "typical_volume": 2957878.2,
        "trend": 4.2658,
        "fair_value": 3.392541,
        "relative_strength": -8.696918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.779744,
        "energy": 46.755757,
        "activity_lines": [
          3.610267,
          3.6628,
          3.9334,
          4.118628
        ]
      },
      {
        "date": "2025-12-19",
        "close": 3.744,
        "volume": 2387339,
        "typical_volume": 2714811.55,
        "trend": 4.269067,
        "fair_value": 3.395204,
        "relative_strength": -6.238269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.308221,
        "energy": 32.1979,
        "activity_lines": [
          3.672667,
          3.647891,
          3.897657,
          4.084963
        ]
      },
      {
        "date": "2025-12-26",
        "close": 3.802,
        "volume": 738559,
        "typical_volume": 2644541.5,
        "trend": 4.269933,
        "fair_value": 3.398263,
        "relative_strength": -4.937973,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.833458,
        "energy": 28.019568,
        "activity_lines": [
          3.731467,
          3.657382,
          3.870686,
          4.05483
        ]
      },
      {
        "date": "2026-01-02",
        "close": 3.93,
        "volume": 1028044,
        "typical_volume": 2604121.25,
        "trend": 4.267667,
        "fair_value": 3.402231,
        "relative_strength": -3.532112,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.971475,
        "energy": 23.58571,
        "activity_lines": [
          3.800667,
          3.701345,
          3.858448,
          4.032899
        ]
      },
      {
        "date": "2026-01-09",
        "close": 3.882,
        "volume": 1868894,
        "typical_volume": 2599820.2,
        "trend": 4.254733,
        "fair_value": 3.405785,
        "relative_strength": -7.377613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.705074,
        "energy": 21.271338,
        "activity_lines": [
          3.840267,
          3.746909,
          3.844971,
          4.008017
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3.828,
        "volume": 1736255,
        "typical_volume": 2552931.85,
        "trend": 4.232267,
        "fair_value": 3.408889,
        "relative_strength": -8.154914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.556911,
        "energy": 19.91065,
        "activity_lines": [
          3.853733,
          3.779818,
          3.830971,
          3.980486
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3.888,
        "volume": 1220281,
        "typical_volume": 2495689.5,
        "trend": 4.193367,
        "fair_value": 3.412386,
        "relative_strength": -6.10855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.014606,
        "energy": 17.530584,
        "activity_lines": [
          3.870667,
          3.814545,
          3.824838,
          3.958275
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3.81,
        "volume": 1606745,
        "typical_volume": 2469359.05,
        "trend": 4.1417,
        "fair_value": 3.415268,
        "relative_strength": -8.483932,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.242373,
        "energy": 12.117528,
        "activity_lines": [
          3.852,
          3.826218,
          3.81161,
          3.933542
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3.838,
        "volume": 1370569,
        "typical_volume": 2024015.7,
        "trend": 4.098467,
        "fair_value": 3.418309,
        "relative_strength": -9.92198,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.409489,
        "energy": 12.564644,
        "activity_lines": [
          3.842133,
          3.834036,
          3.803619,
          3.913948
        ]
      },
      {
        "date": "2026-02-13",
        "close": 3.874,
        "volume": 1224154,
        "typical_volume": 1984180.9,
        "trend": 4.0648,
        "fair_value": 3.421564,
        "relative_strength": -9.876793,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.134744,
        "energy": 11.740291,
        "activity_lines": [
          3.8504,
          3.846364,
          3.801352,
          3.899467
        ]
      },
      {
        "date": "2026-02-20",
        "close": 3.868,
        "volume": 1742999,
        "typical_volume": 1922692.9,
        "trend": 4.028333,
        "fair_value": 3.42473,
        "relative_strength": -12.431375,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.403471,
        "energy": 11.500738,
        "activity_lines": [
          3.8572,
          3.855527,
          3.800705,
          3.88677
        ]
      },
      {
        "date": "2026-02-27",
        "close": 4.07,
        "volume": 3895180,
        "typical_volume": 2015561.75,
        "trend": 4.016467,
        "fair_value": 3.429274,
        "relative_strength": -8.628962,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.12901,
        "energy": 6.82605,
        "activity_lines": [
          3.928667,
          3.896182,
          3.822971,
          3.889458
        ]
      },
      {
        "date": "2026-03-06",
        "close": 3.854,
        "volume": 2565515,
        "typical_volume": 2048413.8,
        "trend": 4.0004,
        "fair_value": 3.432244,
        "relative_strength": -7.203476,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.636919,
        "energy": 10.265728,
        "activity_lines": [
          3.916,
          3.891636,
          3.826743,
          3.878976
        ]
      },
      {
        "date": "2026-03-13",
        "close": 3.76,
        "volume": 2004497,
        "typical_volume": 2066248.15,
        "trend": 3.9714,
        "fair_value": 3.43452,
        "relative_strength": -8.423995,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.214855,
        "energy": 9.411934,
        "activity_lines": [
          3.869067,
          3.869055,
          3.824248,
          3.863467
        ]
      },
      {
        "date": "2026-03-20",
        "close": 3.618,
        "volume": 3089662,
        "typical_volume": 1943285.0,
        "trend": 3.930267,
        "fair_value": 3.435786,
        "relative_strength": -8.80278,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.294924,
        "energy": 20.338341,
        "activity_lines": [
          3.78,
          3.823745,
          3.811743,
          3.840667
        ]
      },
      {
        "date": "2026-03-27",
        "close": 3.406,
        "volume": 2526917,
        "typical_volume": 1918339.2,
        "trend": 3.901133,
        "fair_value": 3.435582,
        "relative_strength": -14.194149,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.948811,
        "energy": 45.403056,
        "activity_lines": [
          3.637333,
          3.744691,
          3.779562,
          3.806843
        ]
      },
      {
        "date": "2026-04-03",
        "close": 3.69,
        "volume": 1385665,
        "typical_volume": 1891701.5,
        "trend": 3.8922,
        "fair_value": 3.437312,
        "relative_strength": -9.925511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.895959,
        "energy": 42.21294,
        "activity_lines": [
          3.620133,
          3.724945,
          3.774057,
          3.793222
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3.754,
        "volume": 1850733,
        "typical_volume": 1919612.2,
        "trend": 3.872333,
        "fair_value": 3.439452,
        "relative_strength": -11.468364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.691583,
        "energy": 40.849871,
        "activity_lines": [
          3.6496,
          3.720436,
          3.773267,
          3.784305
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3.854,
        "volume": 1506643,
        "typical_volume": 1890591.05,
        "trend": 3.8568,
        "fair_value": 3.442234,
        "relative_strength": -10.527231,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.031538,
        "energy": 20.501874,
        "activity_lines": [
          3.719067,
          3.735127,
          3.779924,
          3.783123
        ]
      },
      {
        "date": "2026-04-24",
        "close": 4.03,
        "volume": 2190762,
        "typical_volume": 1891866.0,
        "trend": 3.846667,
        "fair_value": 3.446153,
        "relative_strength": -3.445474,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.451603,
        "energy": 7.704817,
        "activity_lines": [
          3.840933,
          3.781527,
          3.802733,
          3.794297
        ]
      },
      {
        "date": "2026-05-01",
        "close": 4.038,
        "volume": 1978939,
        "typical_volume": 1895917.6,
        "trend": 3.8266,
        "fair_value": 3.450072,
        "relative_strength": -2.725695,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.968274,
        "energy": 22.971355,
        "activity_lines": [
          3.938,
          3.826545,
          3.825019,
          3.806641
        ]
      },
      {
        "date": "2026-05-08",
        "close": 4.292,
        "volume": 2011649,
        "typical_volume": 1877133.1,
        "trend": 3.819467,
        "fair_value": 3.455611,
        "relative_strength": 3.263176,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 68.610065,
        "energy": 55.54329,
        "activity_lines": [
          4.0776,
          3.914655,
          3.869314,
          3.836667
        ]
      },
      {
        "date": "2026-05-15",
        "close": 4.258,
        "volume": 1601374,
        "typical_volume": 1920273.85,
        "trend": 3.814133,
        "fair_value": 3.460856,
        "relative_strength": 4.264016,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.00927,
        "energy": 64.0787,
        "activity_lines": [
          4.165733,
          3.992545,
          3.907762,
          3.864959
        ]
      },
      {
        "date": "2026-05-22",
        "close": 4.08,
        "volume": 1181531,
        "typical_volume": 1927948.2,
        "trend": 3.8002,
        "fair_value": 3.464876,
        "relative_strength": -2.218314,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.221753,
        "energy": 59.539722,
        "activity_lines": [
          4.160933,
          4.030727,
          3.927086,
          3.882112
        ]
      },
      {
        "date": "2026-05-29",
        "close": 4.186,
        "volume": 1470011,
        "typical_volume": 1908004.05,
        "trend": 3.815533,
        "fair_value": 3.469528,
        "relative_strength": -0.597308,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.126204,
        "energy": 59.242195,
        "activity_lines": [
          4.1764,
          4.082364,
          3.95579,
          3.907002
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3.984,
        "volume": 265436,
        "typical_volume": 1834463.1,
        "trend": 3.8374,
        "fair_value": 3.472826,
        "relative_strength": -5.699055,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.303926,
        "energy": 34.265679,
        "activity_lines": [
          4.114133,
          4.086945,
          3.96381,
          3.917871
        ]
      },
      {
        "date": "2026-06-12",
        "close": 4.102,
        "volume": 251669,
        "typical_volume": 1786032.5,
        "trend": 3.8608,
        "fair_value": 3.45113,
        "relative_strength": -4.217155,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.291065,
        "energy": 24.589924,
        "activity_lines": [
          4.0948,
          4.102473,
          3.982324,
          3.934942
        ]
      },
      {
        "date": "2026-06-19",
        "close": 4.076,
        "volume": 1785202,
        "typical_volume": 1794955.35,
        "trend": 3.886067,
        "fair_value": 3.435079,
        "relative_strength": -5.230536,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.710977,
        "energy": 22.377825,
        "activity_lines": [
          4.079467,
          4.105782,
          3.997343,
          3.948826
        ]
      },
      {
        "date": "2026-06-26",
        "close": 4.23,
        "volume": 288745,
        "typical_volume": 1740864.15,
        "trend": 3.902867,
        "fair_value": 3.419502,
        "relative_strength": -0.653182,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.061957,
        "energy": 26.812797,
        "activity_lines": [
          4.1276,
          4.131236,
          4.025762,
          3.971015
        ]
      },
      {
        "date": "2026-07-03",
        "close": 4.22,
        "volume": 264719,
        "typical_volume": 1692892.4,
        "trend": 3.9182,
        "fair_value": 3.40572,
        "relative_strength": -1.576096,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 59.219644,
        "energy": 39.766428,
        "activity_lines": [
          4.1624,
          4.148036,
          4.051362,
          3.991475
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3.97,
        "volume": 1071011,
        "typical_volume": 1659293.0,
        "trend": 3.9312,
        "fair_value": 3.389406,
        "relative_strength": -4.876619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.822945,
        "energy": 22.081974,
        "activity_lines": [
          4.1116,
          4.115927,
          4.051505,
          3.994817
        ]
      },
      {
        "date": "2026-07-17",
        "close": 4.014,
        "volume": 681479,
        "typical_volume": 1498607.95,
        "trend": 3.9402,
        "fair_value": 3.374143,
        "relative_strength": -3.289204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.358836,
        "energy": 18.912967,
        "activity_lines": [
          4.0764,
          4.093055,
          4.055352,
          4.000159
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.944,
        "volume": 843738,
        "typical_volume": 1412519.1,
        "trend": 3.944933,
        "fair_value": 3.353528,
        "relative_strength": -4.758515,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.929276,
        "energy": 13.819055,
        "activity_lines": [
          4.023733,
          4.062509,
          4.0528,
          4.000404
        ]
      },
      {
        "date": "2026-07-31",
        "close": 4.016,
        "volume": 1533973,
        "typical_volume": 1388992.9,
        "trend": 3.9478,
        "fair_value": 3.33613,
        "relative_strength": -4.158248,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.791669,
        "energy": 15.16153,
        "activity_lines": [
          4.003867,
          4.050764,
          4.056676,
          4.004989
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4.096,
        "volume": 1622121,
        "typical_volume": 1315615.85,
        "trend": 3.954933,
        "fair_value": 3.320143,
        "relative_strength": -4.215042,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.418512,
        "energy": 13.454367,
        "activity_lines": [
          4.024933,
          4.054727,
          4.066952,
          4.014551
        ]
      }
    ],
    "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."
    }
  }
}