{
  "ticker": {
    "uuid": "cef072f4-59bb-4fce-8ec7-0bf51983a413",
    "symbol": "DTD2",
    "name": "B+S Banksysteme Aktiengesellschaft",
    "exchange": "GER",
    "country": "DE",
    "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": "^GDAXI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 78.369,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": -21.034,
    "architecture_energy": 17.183,
    "architecture_maturity": 14.721,
    "architecture_confidence": 60.459,
    "architecture_tenure": "Developing",
    "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": 51.51,
        "rotation_up": 21.51,
        "upward_expansion": 7.96,
        "deceleration": 55.98,
        "rotation_down": 46.78,
        "downward_expansion": 44.96
      },
      "activity_lines": [
        1.953667,
        1.968364,
        1.999571,
        1.99228
      ],
      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 1.955,
    "trend_reference": 1.997833,
    "distance_from_trend": -0.02144,
    "trend_direction": "Weakening",
    "fair_value": 1.873237,
    "distance_from_fair_value": 0.043648,
    "fair_value_direction": "Improving",
    "relative_strength": -10.7941,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.0225,
    "excess_performance": -0.08714,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.02144,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.016814,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.043648,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.004115,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.107941,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.080434,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.0225,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.947037,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6985,
      "relative_activity": 0.818745,
      "balance": 1.947037,
      "dry_up": 0.603597,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.065316,
      "annualized_volatility": 0.253934,
      "from_high_reference": -0.425,
      "from_low_reference": 0.123563
    },
    "levels": {
      "trend_reference": 1.997833,
      "fair_value_reference": 1.873237,
      "structural_low": 1.74,
      "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": 19,
        "median_return": -0.040201,
        "positive_rate": 0.263158,
        "directional_follow_through": 0.263158,
        "median_excess_return": -0.028185,
        "regime_survival": 0.631579,
        "best_return": 0.174419,
        "worst_return": -0.163366,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.074337,
        "positive_rate": 0.125,
        "directional_follow_through": 0.125,
        "median_excess_return": -0.076944,
        "regime_survival": 0.125,
        "best_return": 0.031746,
        "worst_return": -0.178707,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.127451,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.233276,
        "regime_survival": 0.2,
        "best_return": 0.037037,
        "worst_return": -0.268061,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.044118,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.211986,
        "regime_survival": 0.0,
        "best_return": 0.127168,
        "worst_return": -0.382353,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-04-05",
        "end": "2024-05-03",
        "tenure": "Developing",
        "return": -0.052326,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-10",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.060606,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-12",
        "end": "2024-10-18",
        "tenure": "Established",
        "return": 0.114286,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-25",
        "end": "2024-11-08",
        "tenure": "New",
        "return": 0.117949,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-15",
        "end": "2024-12-13",
        "tenure": "Developing",
        "return": -0.009709,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-20",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.088235,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-14",
        "end": "2025-08-08",
        "tenure": "Established",
        "return": 0.026882,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.031746,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-29",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.129534,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-03",
        "end": "2026-01-02",
        "tenure": "Established",
        "return": -0.111607,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-09",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.112745,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": 0.125654,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-29",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": -0.123288,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.017588,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1.71,
        "volume": 6033,
        "typical_volume": 4324.75,
        "trend": 1.725667,
        "fair_value": 2.610417,
        "relative_strength": -11.779742,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 30.876263,
        "energy": 24.677445,
        "activity_lines": [
          1.884667,
          1.909273,
          1.832238,
          1.778753
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1.56,
        "volume": 9196,
        "typical_volume": 4780.55,
        "trend": 1.718167,
        "fair_value": 2.608814,
        "relative_strength": -18.93062,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 2.502113,
        "energy": 13.278371,
        "activity_lines": [
          1.766667,
          1.845091,
          1.813048,
          1.768065
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1.53,
        "volume": 25962,
        "typical_volume": 5888.65,
        "trend": 1.715833,
        "fair_value": 2.607404,
        "relative_strength": -20.701445,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -33.628677,
        "energy": 37.126878,
        "activity_lines": [
          1.664,
          1.780545,
          1.79119,
          1.755925
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1.49,
        "volume": 1124,
        "typical_volume": 5879.05,
        "trend": 1.711667,
        "fair_value": 2.605994,
        "relative_strength": -21.429783,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -37.230927,
        "energy": 46.055403,
        "activity_lines": [
          1.575333,
          1.714909,
          1.76581,
          1.741355
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1.52,
        "volume": 0,
        "typical_volume": 5879.05,
        "trend": 1.705333,
        "fair_value": 2.604583,
        "relative_strength": -19.785035,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.414173,
        "energy": 67.122127,
        "activity_lines": [
          1.532,
          1.662364,
          1.743905,
          1.728989
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1.64,
        "volume": 39723,
        "typical_volume": 7765.2,
        "trend": 1.704333,
        "fair_value": 2.604391,
        "relative_strength": -10.696353,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.018447,
        "energy": 59.502215,
        "activity_lines": [
          1.558,
          1.642545,
          1.734048,
          1.724774
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1.54,
        "volume": 2000,
        "typical_volume": 7865.2,
        "trend": 1.699333,
        "fair_value": 2.600801,
        "relative_strength": -14.280458,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.919195,
        "energy": 47.419339,
        "activity_lines": [
          1.555333,
          1.607818,
          1.714571,
          1.714172
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1.72,
        "volume": 2642,
        "typical_volume": 7881.8,
        "trend": 1.7005,
        "fair_value": 2.597853,
        "relative_strength": -2.544548,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.644624,
        "energy": 19.162738,
        "activity_lines": [
          1.614,
          1.613091,
          1.712619,
          1.715505
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1.72,
        "volume": 754,
        "typical_volume": 7919.5,
        "trend": 1.705333,
        "fair_value": 2.594519,
        "relative_strength": -1.589973,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -8.561622,
        "energy": 12.623018,
        "activity_lines": [
          1.66,
          1.622364,
          1.710095,
          1.716763
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1.73,
        "volume": 2200,
        "typical_volume": 7963.8,
        "trend": 1.7095,
        "fair_value": 2.587404,
        "relative_strength": 2.191238,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.125157,
        "energy": 12.657437,
        "activity_lines": [
          1.694,
          1.638909,
          1.707952,
          1.718355
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1.62,
        "volume": 2085,
        "typical_volume": 7867.55,
        "trend": 1.71,
        "fair_value": 2.582019,
        "relative_strength": -2.943128,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -5.023837,
        "energy": 15.08645,
        "activity_lines": [
          1.677333,
          1.639636,
          1.694714,
          1.712581
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1.68,
        "volume": 1825,
        "typical_volume": 7052.5,
        "trend": 1.712667,
        "fair_value": 2.576635,
        "relative_strength": -1.907683,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.91384,
        "energy": 18.83145,
        "activity_lines": [
          1.682,
          1.652909,
          1.687095,
          1.710645
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1.68,
        "volume": 25,
        "typical_volume": 6568.75,
        "trend": 1.715667,
        "fair_value": 2.571635,
        "relative_strength": -1.678069,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.324343,
        "energy": 14.357484,
        "activity_lines": [
          1.677333,
          1.664,
          1.680238,
          1.708538
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1.66,
        "volume": 750,
        "typical_volume": 6506.25,
        "trend": 1.717,
        "fair_value": 2.567404,
        "relative_strength": -6.561236,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.352112,
        "energy": 21.823686,
        "activity_lines": [
          1.668667,
          1.668727,
          1.672381,
          1.704946
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1.72,
        "volume": 38519,
        "typical_volume": 8033.1,
        "trend": 1.719333,
        "fair_value": 2.562147,
        "relative_strength": -3.358229,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.189943,
        "energy": 9.086327,
        "activity_lines": [
          1.684,
          1.681273,
          1.671429,
          1.70514
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1.64,
        "volume": 5000,
        "typical_volume": 7591.5,
        "trend": 1.72,
        "fair_value": 2.556635,
        "relative_strength": -9.31942,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.635966,
        "energy": 16.748162,
        "activity_lines": [
          1.673333,
          1.675636,
          1.664762,
          1.700022
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1.67,
        "volume": 0,
        "typical_volume": 7525.3,
        "trend": 1.721667,
        "fair_value": 2.551314,
        "relative_strength": -9.170823,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.101566,
        "energy": 14.992697,
        "activity_lines": [
          1.671333,
          1.675455,
          1.66181,
          1.696796
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1.7,
        "volume": 2000,
        "typical_volume": 7625.3,
        "trend": 1.725,
        "fair_value": 2.546442,
        "relative_strength": -7.009209,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.953633,
        "energy": 8.589073,
        "activity_lines": [
          1.68,
          1.678364,
          1.663,
          1.695398
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1.64,
        "volume": 2423,
        "typical_volume": 7673.1,
        "trend": 1.726333,
        "fair_value": 2.541314,
        "relative_strength": -9.543451,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.218861,
        "energy": 20.207133,
        "activity_lines": [
          1.667333,
          1.670727,
          1.659619,
          1.689914
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1.5,
        "volume": 3950,
        "typical_volume": 7310.55,
        "trend": 1.723,
        "fair_value": 2.535288,
        "relative_strength": -16.878181,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -69.440012,
        "energy": 53.123131,
        "activity_lines": [
          1.609333,
          1.639091,
          1.644714,
          1.675312
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1.56,
        "volume": 2230,
        "typical_volume": 7120.4,
        "trend": 1.721667,
        "fair_value": 2.530032,
        "relative_strength": -12.281384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.662785,
        "energy": 59.807522,
        "activity_lines": [
          1.586,
          1.622545,
          1.637714,
          1.664796
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1.58,
        "volume": 342,
        "typical_volume": 6677.7,
        "trend": 1.713,
        "fair_value": 2.524647,
        "relative_strength": -11.566929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.081233,
        "energy": 60.129328,
        "activity_lines": [
          1.574667,
          1.610727,
          1.633333,
          1.655656
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1.6,
        "volume": 2501,
        "typical_volume": 5504.65,
        "trend": 1.704,
        "fair_value": 2.519263,
        "relative_strength": -9.278921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.643486,
        "energy": 57.240622,
        "activity_lines": [
          1.576,
          1.604364,
          1.630762,
          1.648366
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1.58,
        "volume": 13500,
        "typical_volume": 6123.45,
        "trend": 1.693,
        "fair_value": 2.512981,
        "relative_strength": -12.167597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.88773,
        "energy": 35.985223,
        "activity_lines": [
          1.577333,
          1.595818,
          1.625952,
          1.640366
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1.57,
        "volume": 5646,
        "typical_volume": 6405.75,
        "trend": 1.674667,
        "fair_value": 2.505994,
        "relative_strength": -12.332506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.406249,
        "energy": 31.01835,
        "activity_lines": [
          1.579333,
          1.586909,
          1.619762,
          1.63243
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1.48,
        "volume": 9606,
        "typical_volume": 4899.9,
        "trend": 1.663333,
        "fair_value": 2.497147,
        "relative_strength": -17.126538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.298519,
        "energy": 40.29581,
        "activity_lines": [
          1.546667,
          1.564364,
          1.604762,
          1.619871
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1.49,
        "volume": 5004,
        "typical_volume": 5050.1,
        "trend": 1.648333,
        "fair_value": 2.483622,
        "relative_strength": -17.143784,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.49809,
        "energy": 45.749942,
        "activity_lines": [
          1.522667,
          1.546545,
          1.591476,
          1.608688
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1.49,
        "volume": 1285,
        "typical_volume": 4982.25,
        "trend": 1.633333,
        "fair_value": 2.469071,
        "relative_strength": -18.216546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.051607,
        "energy": 68.037542,
        "activity_lines": [
          1.504667,
          1.532,
          1.578429,
          1.598473
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1.47,
        "volume": 3291,
        "typical_volume": 5109.1,
        "trend": 1.615,
        "fair_value": 2.453622,
        "relative_strength": -20.376022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.106793,
        "energy": 75.613143,
        "activity_lines": [
          1.487333,
          1.517636,
          1.564571,
          1.587935
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1.55,
        "volume": 7295,
        "typical_volume": 5363.85,
        "trend": 1.601333,
        "fair_value": 2.439071,
        "relative_strength": -16.072783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.823398,
        "energy": 54.175123,
        "activity_lines": [
          1.504,
          1.520909,
          1.559524,
          1.583742
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1.65,
        "volume": 4570,
        "typical_volume": 5488.1,
        "trend": 1.599333,
        "fair_value": 2.426699,
        "relative_strength": -11.02458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.43451,
        "energy": 13.952477,
        "activity_lines": [
          1.555333,
          1.541455,
          1.564857,
          1.586882
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1.7,
        "volume": 2000,
        "typical_volume": 5496.85,
        "trend": 1.604,
        "fair_value": 2.414135,
        "relative_strength": -9.449678,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.821434,
        "energy": 21.42965,
        "activity_lines": [
          1.612,
          1.569455,
          1.57481,
          1.593376
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1.73,
        "volume": 7073,
        "typical_volume": 5849.25,
        "trend": 1.610667,
        "fair_value": 2.403045,
        "relative_strength": -9.124665,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.360946,
        "energy": 41.671172,
        "activity_lines": [
          1.664667,
          1.600727,
          1.587524,
          1.601505
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1.72,
        "volume": 0,
        "typical_volume": 5811.75,
        "trend": 1.618333,
        "fair_value": 2.391891,
        "relative_strength": -7.935271,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.292952,
        "energy": 60.214122,
        "activity_lines": [
          1.698,
          1.627818,
          1.599048,
          1.608559
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1.66,
        "volume": 6972,
        "typical_volume": 4234.4,
        "trend": 1.623,
        "fair_value": 2.378686,
        "relative_strength": -9.799057,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.961334,
        "energy": 60.921385,
        "activity_lines": [
          1.694667,
          1.641455,
          1.604571,
          1.611247
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1.67,
        "volume": 5,
        "typical_volume": 3984.65,
        "trend": 1.624,
        "fair_value": 2.364647,
        "relative_strength": -8.133321,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.2794,
        "energy": 53.895982,
        "activity_lines": [
          1.687333,
          1.655273,
          1.611333,
          1.61428
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1.67,
        "volume": 0,
        "typical_volume": 3984.65,
        "trend": 1.628333,
        "fair_value": 2.349071,
        "relative_strength": -10.079391,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.570554,
        "energy": 32.402754,
        "activity_lines": [
          1.678667,
          1.665636,
          1.617952,
          1.617247
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1.63,
        "volume": 2100,
        "typical_volume": 3989.65,
        "trend": 1.625333,
        "fair_value": 2.331827,
        "relative_strength": -11.273274,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 14.457157,
        "energy": 15.536977,
        "activity_lines": [
          1.658667,
          1.665455,
          1.620762,
          1.617355
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1.65,
        "volume": 0,
        "typical_volume": 3868.5,
        "trend": 1.623,
        "fair_value": 2.318301,
        "relative_strength": -13.648241,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 12.021191,
        "energy": 13.565449,
        "activity_lines": [
          1.652,
          1.666364,
          1.62581,
          1.618946
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1.74,
        "volume": 22524,
        "typical_volume": 4797.2,
        "trend": 1.623333,
        "fair_value": 2.304455,
        "relative_strength": -8.5137,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.995683,
        "energy": 33.561834,
        "activity_lines": [
          1.68,
          1.680364,
          1.639381,
          1.626495
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1.7,
        "volume": 0,
        "typical_volume": 4685.7,
        "trend": 1.626,
        "fair_value": 2.286763,
        "relative_strength": -10.408805,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.761245,
        "energy": 34.421584,
        "activity_lines": [
          1.689333,
          1.683636,
          1.648,
          1.631441
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1.53,
        "volume": 17430,
        "typical_volume": 5540.1,
        "trend": 1.621,
        "fair_value": 2.270417,
        "relative_strength": -18.253252,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.19491,
        "energy": 6.717367,
        "activity_lines": [
          1.64,
          1.655091,
          1.639762,
          1.625247
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1.71,
        "volume": 5301,
        "typical_volume": 5680.1,
        "trend": 1.622,
        "fair_value": 2.25766,
        "relative_strength": -8.786499,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.722284,
        "energy": 23.888845,
        "activity_lines": [
          1.66,
          1.662364,
          1.648905,
          1.630989
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1.71,
        "volume": 3279,
        "typical_volume": 5169.05,
        "trend": 1.623667,
        "fair_value": 2.244776,
        "relative_strength": -5.658919,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.887885,
        "energy": 24.80757,
        "activity_lines": [
          1.674667,
          1.67,
          1.657524,
          1.636667
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1.62,
        "volume": 6100,
        "typical_volume": 5191.75,
        "trend": 1.620333,
        "fair_value": 2.231955,
        "relative_strength": -10.92656,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.760348,
        "energy": 15.237183,
        "activity_lines": [
          1.655333,
          1.661455,
          1.656952,
          1.63643
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1.75,
        "volume": 51955,
        "typical_volume": 7309.2,
        "trend": 1.624,
        "fair_value": 2.219455,
        "relative_strength": -3.74572,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 62.854814,
        "energy": 38.915134,
        "activity_lines": [
          1.687333,
          1.677273,
          1.668524,
          1.644796
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1.75,
        "volume": 50908,
        "typical_volume": 9604.4,
        "trend": 1.626667,
        "fair_value": 2.206699,
        "relative_strength": -4.236036,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 58.061823,
        "energy": 46.258363,
        "activity_lines": [
          1.716,
          1.691636,
          1.67881,
          1.652925
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1.75,
        "volume": 3021,
        "typical_volume": 9691.2,
        "trend": 1.628333,
        "fair_value": 2.194199,
        "relative_strength": -5.266906,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.033591,
        "energy": 45.534262,
        "activity_lines": [
          1.73,
          1.704545,
          1.687857,
          1.660882
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1.75,
        "volume": 7963,
        "typical_volume": 9924.8,
        "trend": 1.632,
        "fair_value": 2.182212,
        "relative_strength": -1.810184,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.110272,
        "energy": 53.829424,
        "activity_lines": [
          1.741333,
          1.715273,
          1.695667,
          1.668731
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1.92,
        "volume": 20509,
        "typical_volume": 10585.5,
        "trend": 1.646,
        "fair_value": 2.171442,
        "relative_strength": 6.574576,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.69537,
        "energy": 67.897034,
        "activity_lines": [
          1.806667,
          1.755091,
          1.718333,
          1.687312
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1.88,
        "volume": 12793,
        "typical_volume": 10996.65,
        "trend": 1.656667,
        "fair_value": 2.161699,
        "relative_strength": 9.256702,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.905762,
        "energy": 64.994285,
        "activity_lines": [
          1.838667,
          1.784364,
          1.735429,
          1.702409
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1.91,
        "volume": 18489,
        "typical_volume": 11821.1,
        "trend": 1.667667,
        "fair_value": 2.152788,
        "relative_strength": 10.965036,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.607522,
        "energy": 68.788452,
        "activity_lines": [
          1.872,
          1.815818,
          1.754286,
          1.718753
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1.91,
        "volume": 2280,
        "typical_volume": 11581.45,
        "trend": 1.678,
        "fair_value": 2.142724,
        "relative_strength": 7.452335,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.964864,
        "energy": 74.880716,
        "activity_lines": [
          1.894667,
          1.840364,
          1.772143,
          1.734387
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1.9,
        "volume": 3000,
        "typical_volume": 11731.45,
        "trend": 1.688667,
        "fair_value": 2.129135,
        "relative_strength": 5.062167,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.01525,
        "energy": 63.976542,
        "activity_lines": [
          1.903333,
          1.859455,
          1.78819,
          1.74871
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2.02,
        "volume": 9272,
        "typical_volume": 11846.45,
        "trend": 1.703667,
        "fair_value": 2.11734,
        "relative_strength": 9.856885,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.360885,
        "energy": 71.654927,
        "activity_lines": [
          1.942,
          1.896909,
          1.81481,
          1.770086
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1.99,
        "volume": 2000,
        "typical_volume": 11946.2,
        "trend": 1.720667,
        "fair_value": 2.106891,
        "relative_strength": 11.492829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.270085,
        "energy": 72.403531,
        "activity_lines": [
          1.964,
          1.921636,
          1.836857,
          1.788559
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2.06,
        "volume": 5537,
        "typical_volume": 12223.05,
        "trend": 1.739667,
        "fair_value": 2.096891,
        "relative_strength": 12.638599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.296908,
        "energy": 74.813668,
        "activity_lines": [
          2.002,
          1.954727,
          1.864048,
          1.810452
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2.1,
        "volume": 0,
        "typical_volume": 12118.05,
        "trend": 1.76,
        "fair_value": 2.08484,
        "relative_strength": 14.547027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.863138,
        "energy": 84.948551,
        "activity_lines": [
          2.043333,
          1.989455,
          1.89319,
          1.833699
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2.1,
        "volume": 8843,
        "typical_volume": 12560.2,
        "trend": 1.781,
        "fair_value": 2.07625,
        "relative_strength": 9.946765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.237536,
        "energy": 84.427703,
        "activity_lines": [
          2.072,
          2.017818,
          1.920095,
          1.855634
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2.08,
        "volume": 9428,
        "typical_volume": 11905.4,
        "trend": 1.798667,
        "fair_value": 2.068429,
        "relative_strength": 10.998831,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.101022,
        "energy": 74.267485,
        "activity_lines": [
          2.080667,
          2.036182,
          1.942952,
          1.874925
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1.96,
        "volume": 23674,
        "typical_volume": 13089.1,
        "trend": 1.809,
        "fair_value": 2.055737,
        "relative_strength": 3.475181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.483943,
        "energy": 50.528856,
        "activity_lines": [
          2.045333,
          2.029818,
          1.952762,
          1.885333
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1.95,
        "volume": 3514,
        "typical_volume": 12393.3,
        "trend": 1.817333,
        "fair_value": 2.043878,
        "relative_strength": 1.816894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.642658,
        "energy": 34.092273,
        "activity_lines": [
          2.008667,
          2.020182,
          1.960381,
          1.89443
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1.95,
        "volume": 581,
        "typical_volume": 12157.3,
        "trend": 1.824667,
        "fair_value": 2.030481,
        "relative_strength": 3.036224,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.740109,
        "energy": 23.929101,
        "activity_lines": [
          1.979333,
          2.009818,
          1.966,
          1.902989
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2.1,
        "volume": 18457,
        "typical_volume": 12916.2,
        "trend": 1.837333,
        "fair_value": 2.012917,
        "relative_strength": 12.198526,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.982503,
        "energy": 27.885482,
        "activity_lines": [
          2.01,
          2.026,
          1.984762,
          1.920753
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2.18,
        "volume": 3500,
        "typical_volume": 12786.2,
        "trend": 1.854667,
        "fair_value": 1.99984,
        "relative_strength": 16.638895,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.876472,
        "energy": 45.580321,
        "activity_lines": [
          2.067333,
          2.053091,
          2.009286,
          1.94286
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2.06,
        "volume": 5218,
        "typical_volume": 10449.35,
        "trend": 1.867667,
        "fair_value": 1.990609,
        "relative_strength": 10.180838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.301755,
        "energy": 40.468147,
        "activity_lines": [
          2.078,
          2.055455,
          2.019714,
          1.956108
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2.08,
        "volume": 4931,
        "typical_volume": 8150.5,
        "trend": 1.881333,
        "fair_value": 1.982276,
        "relative_strength": 10.599468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.699569,
        "energy": 42.221446,
        "activity_lines": [
          2.088667,
          2.060182,
          2.030571,
          1.969806
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2.06,
        "volume": 3225,
        "typical_volume": 8160.7,
        "trend": 1.895667,
        "fair_value": 1.975353,
        "relative_strength": 7.734891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.359282,
        "energy": 37.537214,
        "activity_lines": [
          2.084,
          2.060909,
          2.037952,
          1.981333
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2.04,
        "volume": 9377,
        "typical_volume": 8231.4,
        "trend": 1.908667,
        "fair_value": 1.968558,
        "relative_strength": 2.71217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.592458,
        "energy": 25.744046,
        "activity_lines": [
          2.065333,
          2.058727,
          2.041952,
          1.990645
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2.04,
        "volume": 0,
        "typical_volume": 7205.95,
        "trend": 1.918667,
        "fair_value": 1.960865,
        "relative_strength": 2.63555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.069526,
        "energy": 18.614091,
        "activity_lines": [
          2.050667,
          2.057636,
          2.044571,
          1.999118
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2.04,
        "volume": 313,
        "typical_volume": 6581.95,
        "trend": 1.93,
        "fair_value": 1.953814,
        "relative_strength": 5.233666,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.587555,
        "energy": 14.573646,
        "activity_lines": [
          2.045333,
          2.057273,
          2.046619,
          2.006946
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2.04,
        "volume": 0,
        "typical_volume": 5657.5,
        "trend": 1.947,
        "fair_value": 1.946635,
        "relative_strength": 4.451042,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.386599,
        "energy": 13.607567,
        "activity_lines": [
          2.041333,
          2.055455,
          2.047905,
          2.014043
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1.96,
        "volume": 4000,
        "typical_volume": 5743.5,
        "trend": 1.955333,
        "fair_value": 1.938429,
        "relative_strength": 0.661148,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.310169,
        "energy": 6.740233,
        "activity_lines": [
          2.013333,
          2.037455,
          2.040952,
          2.014882
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1.96,
        "volume": 81,
        "typical_volume": 5597.55,
        "trend": 1.963667,
        "fair_value": 1.930096,
        "relative_strength": -0.922331,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.515644,
        "energy": 10.321174,
        "activity_lines": [
          1.992,
          2.019273,
          2.033762,
          2.015183
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2.1,
        "volume": 3090,
        "typical_volume": 5288.45,
        "trend": 1.979667,
        "fair_value": 1.924327,
        "relative_strength": 2.580777,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.587405,
        "energy": 13.340128,
        "activity_lines": [
          2.022667,
          2.029091,
          2.039619,
          2.023978
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2.3,
        "volume": 64552,
        "typical_volume": 8416.05,
        "trend": 1.998,
        "fair_value": 1.920737,
        "relative_strength": 9.460748,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 69.090237,
        "energy": 44.34811,
        "activity_lines": [
          2.116,
          2.076727,
          2.064143,
          2.044645
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1.98,
        "volume": 8344,
        "typical_volume": 8556.4,
        "trend": 2.005667,
        "fair_value": 1.914327,
        "relative_strength": -7.199645,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.752592,
        "energy": 23.114457,
        "activity_lines": [
          2.085333,
          2.061818,
          2.056714,
          2.043484
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1.91,
        "volume": 5979,
        "typical_volume": 8855.35,
        "trend": 2.011,
        "fair_value": 1.907724,
        "relative_strength": -10.710268,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.391916,
        "energy": 5.817313,
        "activity_lines": [
          2.035333,
          2.036,
          2.043,
          2.037312
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2.0,
        "volume": 11753,
        "typical_volume": 9000.85,
        "trend": 2.019333,
        "fair_value": 1.903878,
        "relative_strength": -9.551398,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.461002,
        "energy": 4.312989,
        "activity_lines": [
          2.018667,
          2.029273,
          2.038762,
          2.036602
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2.0,
        "volume": 5096,
        "typical_volume": 8784.25,
        "trend": 2.022,
        "fair_value": 1.901058,
        "relative_strength": -8.709858,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.595489,
        "energy": 19.583596,
        "activity_lines": [
          1.999333,
          2.023273,
          2.035,
          2.035355
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1.94,
        "volume": 6235,
        "typical_volume": 7912.3,
        "trend": 2.024,
        "fair_value": 1.89734,
        "relative_strength": -12.538393,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.663307,
        "energy": 33.315123,
        "activity_lines": [
          1.966667,
          2.007091,
          2.025905,
          2.030065
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1.86,
        "volume": 10054,
        "typical_volume": 8239.3,
        "trend": 2.022333,
        "fair_value": 1.894135,
        "relative_strength": -17.713169,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -67.918011,
        "energy": 58.478865,
        "activity_lines": [
          1.931333,
          1.978182,
          2.009286,
          2.019484
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1.86,
        "volume": 572,
        "typical_volume": 8238.85,
        "trend": 2.020667,
        "fair_value": 1.891314,
        "relative_strength": -17.455042,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.32069,
        "energy": 60.731259,
        "activity_lines": [
          1.904,
          1.952545,
          1.993095,
          2.009011
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1.86,
        "volume": 484,
        "typical_volume": 7340.2,
        "trend": 2.019333,
        "fair_value": 1.887596,
        "relative_strength": -16.914359,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.159135,
        "energy": 62.990936,
        "activity_lines": [
          1.88,
          1.928727,
          1.977333,
          1.998645
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2.08,
        "volume": 14460,
        "typical_volume": 7888.2,
        "trend": 2.021333,
        "fair_value": 1.88516,
        "relative_strength": -5.289982,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.587508,
        "energy": 24.694866,
        "activity_lines": [
          1.938667,
          1.946727,
          1.983667,
          2.002559
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2.06,
        "volume": 7895,
        "typical_volume": 8022.05,
        "trend": 2.023667,
        "fair_value": 1.883045,
        "relative_strength": 1.965272,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.878385,
        "energy": 10.976358,
        "activity_lines": [
          1.985333,
          1.961455,
          1.988571,
          2.005054
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1.92,
        "volume": 2542,
        "typical_volume": 7902.6,
        "trend": 2.019,
        "fair_value": 1.877596,
        "relative_strength": -3.747411,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.246365,
        "energy": 17.482174,
        "activity_lines": [
          1.977333,
          1.955091,
          1.980143,
          1.998366
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1.92,
        "volume": 2461,
        "typical_volume": 7864.4,
        "trend": 2.013,
        "fair_value": 1.871699,
        "relative_strength": -7.457107,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.757729,
        "energy": 18.918188,
        "activity_lines": [
          1.965333,
          1.949818,
          1.972476,
          1.991978
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1.87,
        "volume": 2150,
        "typical_volume": 7503.05,
        "trend": 2.005333,
        "fair_value": 1.865737,
        "relative_strength": -13.934308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.049392,
        "energy": 25.550775,
        "activity_lines": [
          1.932667,
          1.935273,
          1.960714,
          1.982753
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1.84,
        "volume": 2011,
        "typical_volume": 7603.6,
        "trend": 1.997333,
        "fair_value": 1.860224,
        "relative_strength": -18.237077,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.511105,
        "energy": 55.518948,
        "activity_lines": [
          1.889333,
          1.917636,
          1.946905,
          1.972086
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1.93,
        "volume": 11398,
        "typical_volume": 8157.85,
        "trend": 1.996333,
        "fair_value": 1.855994,
        "relative_strength": -15.647965,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.731009,
        "energy": 46.556636,
        "activity_lines": [
          1.892,
          1.919273,
          1.942619,
          1.967742
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1.86,
        "volume": 3475,
        "typical_volume": 8331.6,
        "trend": 1.993333,
        "fair_value": 1.851058,
        "relative_strength": -19.389265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.788279,
        "energy": 50.725749,
        "activity_lines": [
          1.88,
          1.908364,
          1.93219,
          1.958946
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1.79,
        "volume": 3028,
        "typical_volume": 8283.0,
        "trend": 1.988,
        "fair_value": 1.846506,
        "relative_strength": -21.734958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.758896,
        "energy": 57.592272,
        "activity_lines": [
          1.848667,
          1.884727,
          1.915952,
          1.945828
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1.77,
        "volume": 28734,
        "typical_volume": 9715.65,
        "trend": 1.977,
        "fair_value": 1.841635,
        "relative_strength": -23.660072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.351387,
        "energy": 52.219184,
        "activity_lines": [
          1.819333,
          1.858727,
          1.898619,
          1.931763
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1.75,
        "volume": 8336,
        "typical_volume": 9977.95,
        "trend": 1.962667,
        "fair_value": 1.836635,
        "relative_strength": -25.175993,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.126231,
        "energy": 65.687893,
        "activity_lines": [
          1.79,
          1.830727,
          1.880286,
          1.917118
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1.78,
        "volume": 71,
        "typical_volume": 6753.9,
        "trend": 1.953333,
        "fair_value": 1.832404,
        "relative_strength": -21.037803,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.735265,
        "energy": 61.418933,
        "activity_lines": [
          1.776667,
          1.814182,
          1.866476,
          1.905333
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1.78,
        "volume": 111,
        "typical_volume": 6342.25,
        "trend": 1.943333,
        "fair_value": 1.828237,
        "relative_strength": -20.270241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.753608,
        "energy": 53.287609,
        "activity_lines": [
          1.773333,
          1.802727,
          1.855143,
          1.894151
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1.74,
        "volume": 16899,
        "typical_volume": 6888.25,
        "trend": 1.932667,
        "fair_value": 1.824263,
        "relative_strength": -23.915111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.760915,
        "energy": 52.767069,
        "activity_lines": [
          1.762,
          1.786545,
          1.840952,
          1.881032
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1.7,
        "volume": 7354,
        "typical_volume": 6668.3,
        "trend": 1.921333,
        "fair_value": 1.820353,
        "relative_strength": -24.541532,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.225217,
        "energy": 51.988341,
        "activity_lines": [
          1.740667,
          1.766364,
          1.823762,
          1.866022
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1.63,
        "volume": 6000,
        "typical_volume": 6713.5,
        "trend": 1.907667,
        "fair_value": 1.817019,
        "relative_strength": -28.6656,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.340959,
        "energy": 71.111375,
        "activity_lines": [
          1.700667,
          1.736545,
          1.801333,
          1.847226
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1.72,
        "volume": 34734,
        "typical_volume": 8138.45,
        "trend": 1.897,
        "fair_value": 1.814263,
        "relative_strength": -24.439707,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.343389,
        "energy": 44.816762,
        "activity_lines": [
          1.698667,
          1.726909,
          1.789238,
          1.835118
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1.78,
        "volume": 11322,
        "typical_volume": 8201.85,
        "trend": 1.888333,
        "fair_value": 1.811891,
        "relative_strength": -21.073382,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.230826,
        "energy": 36.869839,
        "activity_lines": [
          1.720667,
          1.732,
          1.783905,
          1.82757
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1.86,
        "volume": 2012,
        "typical_volume": 8273.85,
        "trend": 1.885,
        "fair_value": 1.810096,
        "relative_strength": -14.260531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.91087,
        "energy": 18.719385,
        "activity_lines": [
          1.769333,
          1.753091,
          1.786571,
          1.825742
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.91,
        "volume": 220,
        "typical_volume": 8260.65,
        "trend": 1.883333,
        "fair_value": 1.808301,
        "relative_strength": -14.128564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.526666,
        "energy": 14.716042,
        "activity_lines": [
          1.826667,
          1.782,
          1.794,
          1.827355
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1.89,
        "volume": 214,
        "typical_volume": 7548.35,
        "trend": 1.876333,
        "fair_value": 1.806571,
        "relative_strength": -15.240994,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.846396,
        "energy": 18.192233,
        "activity_lines": [
          1.863333,
          1.804727,
          1.799286,
          1.827785
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1.95,
        "volume": 2028,
        "typical_volume": 7255.0,
        "trend": 1.864667,
        "fair_value": 1.804904,
        "relative_strength": -12.159145,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.761344,
        "energy": 31.798149,
        "activity_lines": [
          1.902667,
          1.835818,
          1.81119,
          1.832538
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1.93,
        "volume": 237,
        "typical_volume": 7139.75,
        "trend": 1.863,
        "fair_value": 1.803558,
        "relative_strength": -10.892992,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.824407,
        "energy": 41.011309,
        "activity_lines": [
          1.92,
          1.860182,
          1.821714,
          1.836753
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1.93,
        "volume": 0,
        "typical_volume": 7016.7,
        "trend": 1.863667,
        "fair_value": 1.802212,
        "relative_strength": -9.221342,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.952612,
        "energy": 43.941828,
        "activity_lines": [
          1.927333,
          1.881818,
          1.83219,
          1.841075
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1.95,
        "volume": 4991,
        "typical_volume": 7158.75,
        "trend": 1.862,
        "fair_value": 1.801571,
        "relative_strength": -8.125486,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.988567,
        "energy": 37.866656,
        "activity_lines": [
          1.936667,
          1.903636,
          1.844524,
          1.846645
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2.12,
        "volume": 107250,
        "typical_volume": 12420.7,
        "trend": 1.866,
        "fair_value": 1.802019,
        "relative_strength": 0.618361,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.744333,
        "energy": 28.804652,
        "activity_lines": [
          2.0,
          1.951818,
          1.872667,
          1.86329
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2.18,
        "volume": 48350,
        "typical_volume": 14268.3,
        "trend": 1.874,
        "fair_value": 1.803045,
        "relative_strength": 3.387036,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 69.187676,
        "energy": 42.810146,
        "activity_lines": [
          2.068,
          2.002,
          1.90519,
          1.883548
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2.24,
        "volume": 33097,
        "typical_volume": 15749.4,
        "trend": 1.886667,
        "fair_value": 1.804936,
        "relative_strength": 3.826482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.952934,
        "energy": 52.361976,
        "activity_lines": [
          2.140667,
          2.054727,
          1.942238,
          1.907161
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2.1,
        "volume": 2015,
        "typical_volume": 15698.75,
        "trend": 1.894667,
        "fair_value": 1.806058,
        "relative_strength": -1.800961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.96897,
        "energy": 46.85787,
        "activity_lines": [
          2.146,
          2.073636,
          1.964143,
          1.920925
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2.08,
        "volume": 12120,
        "typical_volume": 14868.05,
        "trend": 1.902,
        "fair_value": 1.806923,
        "relative_strength": -0.803174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.887076,
        "energy": 50.017808,
        "activity_lines": [
          2.133333,
          2.084545,
          1.982667,
          1.932882
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1.97,
        "volume": 11867,
        "typical_volume": 15044.6,
        "trend": 1.898333,
        "fair_value": 1.806859,
        "relative_strength": -7.250551,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.463857,
        "energy": 29.120633,
        "activity_lines": [
          2.075333,
          2.072364,
          1.989238,
          1.937269
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2.06,
        "volume": 25609,
        "typical_volume": 16321.5,
        "trend": 1.898333,
        "fair_value": 1.806538,
        "relative_strength": -1.373774,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.286002,
        "energy": 18.298725,
        "activity_lines": [
          2.057333,
          2.075091,
          2.003333,
          1.947699
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2.12,
        "volume": 240,
        "typical_volume": 16327.95,
        "trend": 1.905,
        "fair_value": 1.807244,
        "relative_strength": 3.708856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.880677,
        "energy": 18.841542,
        "activity_lines": [
          2.067333,
          2.086727,
          2.02181,
          1.962
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1.95,
        "volume": 28767,
        "typical_volume": 16921.35,
        "trend": 1.906,
        "fair_value": 1.807404,
        "relative_strength": -5.295552,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.36355,
        "energy": 14.518892,
        "activity_lines": [
          2.028667,
          2.064,
          2.022476,
          1.964903
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2.12,
        "volume": 119245,
        "typical_volume": 22515.9,
        "trend": 1.914333,
        "fair_value": 1.808237,
        "relative_strength": 6.83678,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.254901,
        "energy": 17.158681,
        "activity_lines": [
          2.056667,
          2.071818,
          2.038333,
          1.97871
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2.14,
        "volume": 891,
        "typical_volume": 22260.45,
        "trend": 1.924333,
        "fair_value": 1.809071,
        "relative_strength": 4.830636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.776921,
        "energy": 22.726902,
        "activity_lines": [
          2.088667,
          2.080182,
          2.054095,
          1.993269
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2.34,
        "volume": 40622,
        "typical_volume": 22554.85,
        "trend": 1.938,
        "fair_value": 1.812083,
        "relative_strength": 13.783758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.401387,
        "energy": 31.000014,
        "activity_lines": [
          2.176,
          2.124545,
          2.086476,
          2.020086
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2.24,
        "volume": 36284,
        "typical_volume": 23802.95,
        "trend": 1.950667,
        "fair_value": 1.814744,
        "relative_strength": 8.38727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.237597,
        "energy": 38.755938,
        "activity_lines": [
          2.211333,
          2.147818,
          2.106381,
          2.03957
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1.95,
        "volume": 39024,
        "typical_volume": 25653.55,
        "trend": 1.956,
        "fair_value": 1.815641,
        "relative_strength": -5.566836,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.124856,
        "energy": 28.189968,
        "activity_lines": [
          2.142,
          2.118364,
          2.096476,
          2.039527
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2.08,
        "volume": 2568,
        "typical_volume": 25770.95,
        "trend": 1.966333,
        "fair_value": 1.817276,
        "relative_strength": 0.894315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.447462,
        "energy": 23.275183,
        "activity_lines": [
          2.116,
          2.115273,
          2.098524,
          2.047527
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1.99,
        "volume": 2189,
        "typical_volume": 25869.7,
        "trend": 1.974333,
        "fair_value": 1.818526,
        "relative_strength": -3.876138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 21.336831,
        "energy": 12.71067,
        "activity_lines": [
          2.062667,
          2.095818,
          2.09119,
          2.049054
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2.04,
        "volume": 4632,
        "typical_volume": 25999.9,
        "trend": 1.983,
        "fair_value": 1.821378,
        "relative_strength": -3.923599,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.372239,
        "energy": 14.663511,
        "activity_lines": [
          2.036,
          2.085091,
          2.088143,
          2.05329
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2.12,
        "volume": 7948,
        "typical_volume": 26385.45,
        "trend": 1.994333,
        "fair_value": 1.823526,
        "relative_strength": 0.085484,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.043261,
        "energy": 11.272807,
        "activity_lines": [
          2.056,
          2.089273,
          2.092286,
          2.062129
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2.18,
        "volume": 7095,
        "typical_volume": 26740.2,
        "trend": 2.009,
        "fair_value": 1.826058,
        "relative_strength": 5.037931,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.491849,
        "energy": 14.189687,
        "activity_lines": [
          2.104,
          2.104364,
          2.101238,
          2.074108
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2.1,
        "volume": 10671,
        "typical_volume": 27024.2,
        "trend": 2.022333,
        "fair_value": 1.829263,
        "relative_strength": 2.806783,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.054278,
        "energy": 15.238837,
        "activity_lines": [
          2.11,
          2.100727,
          2.101381,
          2.079978
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2.0,
        "volume": 8312,
        "typical_volume": 22077.3,
        "trend": 2.034667,
        "fair_value": 1.831731,
        "relative_strength": -2.660036,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.557594,
        "energy": 9.594168,
        "activity_lines": [
          2.081333,
          2.079273,
          2.091286,
          2.078538
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1.96,
        "volume": 5500,
        "typical_volume": 19934.8,
        "trend": 2.042667,
        "fair_value": 1.833333,
        "relative_strength": -5.124178,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.531218,
        "energy": 9.438716,
        "activity_lines": [
          2.038667,
          2.053091,
          2.077952,
          2.07372
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1.97,
        "volume": 18711,
        "typical_volume": 19215.5,
        "trend": 2.049,
        "fair_value": 1.835256,
        "relative_strength": -5.688556,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.526753,
        "energy": 28.509411,
        "activity_lines": [
          2.004667,
          2.035636,
          2.066619,
          2.069032
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2.0,
        "volume": 27149,
        "typical_volume": 20472.2,
        "trend": 2.053667,
        "fair_value": 1.837244,
        "relative_strength": -4.187292,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.389874,
        "energy": 31.605444,
        "activity_lines": [
          1.990667,
          2.028545,
          2.059429,
          2.065871
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.99,
        "volume": 270,
        "typical_volume": 19879.7,
        "trend": 2.056333,
        "fair_value": 1.839199,
        "relative_strength": 2.09254,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.094427,
        "energy": 35.491296,
        "activity_lines": [
          1.985333,
          2.018727,
          2.051762,
          2.061763
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.97,
        "volume": 3811,
        "typical_volume": 19476.9,
        "trend": 2.059,
        "fair_value": 1.841731,
        "relative_strength": 1.612688,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.245677,
        "energy": 40.341816,
        "activity_lines": [
          1.980667,
          2.006909,
          2.042619,
          2.056194
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1.81,
        "volume": 15167,
        "typical_volume": 18954.8,
        "trend": 2.054333,
        "fair_value": 1.843045,
        "relative_strength": -2.180089,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -71.972944,
        "energy": 57.445339,
        "activity_lines": [
          1.924667,
          1.966364,
          2.018238,
          2.040129
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1.91,
        "volume": 8584,
        "typical_volume": 19372.0,
        "trend": 2.053667,
        "fair_value": 1.845,
        "relative_strength": 3.759897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.837523,
        "energy": 50.566718,
        "activity_lines": [
          1.912,
          1.948182,
          2.004571,
          2.030817
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1.91,
        "volume": 82,
        "typical_volume": 17937.75,
        "trend": 2.053,
        "fair_value": 1.846987,
        "relative_strength": 0.281008,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.454816,
        "energy": 48.956378,
        "activity_lines": [
          1.903333,
          1.933818,
          1.991905,
          2.021548
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1.89,
        "volume": 16102,
        "typical_volume": 12780.6,
        "trend": 2.051,
        "fair_value": 1.84891,
        "relative_strength": -3.083379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.302338,
        "energy": 48.6554,
        "activity_lines": [
          1.894,
          1.920727,
          1.977524,
          2.011032
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1.88,
        "volume": 12398,
        "typical_volume": 13355.95,
        "trend": 2.043,
        "fair_value": 1.850577,
        "relative_strength": -6.786028,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.329436,
        "energy": 34.648524,
        "activity_lines": [
          1.888,
          1.909636,
          1.963286,
          2.0
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1.92,
        "volume": 20566,
        "typical_volume": 12353.15,
        "trend": 2.034333,
        "fair_value": 1.852308,
        "relative_strength": -2.437609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.563471,
        "energy": 29.632523,
        "activity_lines": [
          1.901333,
          1.908,
          1.954095,
          1.992065
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1.98,
        "volume": 8781,
        "typical_volume": 10978.0,
        "trend": 2.025667,
        "fair_value": 1.854615,
        "relative_strength": -0.108104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.153393,
        "energy": 20.871771,
        "activity_lines": [
          1.927333,
          1.918,
          1.952619,
          1.988559
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1.93,
        "volume": 7295,
        "typical_volume": 9391.55,
        "trend": 2.02,
        "fair_value": 1.856603,
        "relative_strength": -2.75074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.137805,
        "energy": 17.503462,
        "activity_lines": [
          1.932,
          1.918727,
          1.947619,
          1.982387
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2.13,
        "volume": 12836,
        "typical_volume": 9904.95,
        "trend": 2.021667,
        "fair_value": 1.86,
        "relative_strength": 8.791983,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -7.187893,
        "energy": 12.052717,
        "activity_lines": [
          2.002,
          1.957091,
          1.961762,
          1.989484
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2.15,
        "volume": 3900,
        "typical_volume": 9990.5,
        "trend": 2.027667,
        "fair_value": 1.863526,
        "relative_strength": 5.41123,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 24.725211,
        "energy": 25.872156,
        "activity_lines": [
          2.062667,
          1.996545,
          1.977571,
          1.997763
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2.19,
        "volume": 39798,
        "typical_volume": 11748.8,
        "trend": 2.032,
        "fair_value": 1.867308,
        "relative_strength": 6.112363,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.952704,
        "energy": 44.411857,
        "activity_lines": [
          2.118667,
          2.04,
          1.996429,
          2.008237
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2.15,
        "volume": 6,
        "typical_volume": 11351.7,
        "trend": 2.033,
        "fair_value": 1.870833,
        "relative_strength": 5.263303,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.010852,
        "energy": 47.681821,
        "activity_lines": [
          2.143333,
          2.069273,
          2.010762,
          2.015849
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2.11,
        "volume": 2054,
        "typical_volume": 11099.65,
        "trend": 2.038333,
        "fair_value": 1.872564,
        "relative_strength": 3.583415,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.122294,
        "energy": 49.788424,
        "activity_lines": [
          2.143333,
          2.086909,
          2.021143,
          2.020817
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.96,
        "volume": 267,
        "typical_volume": 10579.45,
        "trend": 2.033,
        "fair_value": 1.873141,
        "relative_strength": -5.179023,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 14.623962,
        "energy": 16.924296,
        "activity_lines": [
          2.081333,
          2.073636,
          2.017571,
          2.015763
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1.92,
        "volume": 50,
        "typical_volume": 10166.35,
        "trend": 2.025667,
        "fair_value": 1.873205,
        "relative_strength": -6.048145,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -12.27713,
        "energy": 11.504622,
        "activity_lines": [
          2.017333,
          2.051818,
          2.010857,
          2.008473
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1.99,
        "volume": 1,
        "typical_volume": 9891.4,
        "trend": 2.014,
        "fair_value": 1.872372,
        "relative_strength": -6.932199,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.468412,
        "energy": 15.515097,
        "activity_lines": [
          1.992,
          2.042,
          2.01119,
          2.006172
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1.985,
        "volume": 17309,
        "typical_volume": 9821.3,
        "trend": 2.0055,
        "fair_value": 1.873429,
        "relative_strength": -4.792959,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.454649,
        "energy": 19.976497,
        "activity_lines": [
          1.978333,
          2.03,
          2.010905,
          2.004301
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2.0,
        "volume": 446,
        "typical_volume": 8486.15,
        "trend": 2.007167,
        "fair_value": 1.873814,
        "relative_strength": -3.378792,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.848402,
        "energy": 16.258674,
        "activity_lines": [
          1.980667,
          2.020636,
          2.011976,
          2.003946
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.955,
        "volume": 2403,
        "typical_volume": 8592.8,
        "trend": 2.003,
        "fair_value": 1.87391,
        "relative_strength": -6.655878,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.778919,
        "energy": 17.019342,
        "activity_lines": [
          1.975333,
          2.001818,
          2.008762,
          2.000581
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.92,
        "volume": 10764,
        "typical_volume": 8940.45,
        "trend": 2.000667,
        "fair_value": 1.873269,
        "relative_strength": -10.13073,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.107264,
        "energy": 20.084653,
        "activity_lines": [
          1.958667,
          1.979818,
          2.002381,
          1.995226
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.955,
        "volume": 6985,
        "typical_volume": 8531.35,
        "trend": 1.997833,
        "fair_value": 1.873237,
        "relative_strength": -10.7941,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.033947,
        "energy": 17.182578,
        "activity_lines": [
          1.953667,
          1.968364,
          1.999571,
          1.99228
        ]
      }
    ],
    "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."
    }
  }
}