{
  "ticker": {
    "uuid": "d20e9db9-a0b4-424b-8ee2-683bcf8337ff",
    "symbol": "FAE",
    "name": "FAE Technology S.p.A.",
    "exchange": "MIL",
    "country": "IT",
    "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": "FTSEMIB.MI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 68.034,
    "architecture_energy": 57.439,
    "architecture_maturity": 85.991,
    "architecture_confidence": 85.081,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 4.54,
        "rotation_up": 54.39,
        "upward_expansion": 81.71,
        "deceleration": 65.71,
        "rotation_down": 28.12,
        "downward_expansion": 15.04
      },
      "activity_lines": [
        3.656667,
        3.638727,
        3.368762,
        3.158624
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 3.7,
    "trend_reference": 2.934,
    "distance_from_trend": 0.261077,
    "trend_direction": "Improving",
    "fair_value": 2.968429,
    "distance_from_fair_value": 0.24645,
    "fair_value_direction": "Improving",
    "relative_strength": 14.568931,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.412214,
    "excess_performance": 0.241322,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.261077,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.122275,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.24645,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.308599,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.145689,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.228669,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.412214,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 9.587376,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 104748,
      "relative_activity": 1.497688,
      "balance": 9.587376,
      "dry_up": 0.99364,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.069647,
      "annualized_volatility": 0.367877,
      "from_high_reference": -0.048843,
      "from_low_reference": 0.681818
    },
    "levels": {
      "trend_reference": 2.934,
      "fair_value_reference": 2.968429,
      "structural_low": 2.28,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.019284,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.027394,
        "regime_survival": 0.6,
        "best_return": 0.19802,
        "worst_return": -0.161616,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.024571,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.081671,
        "regime_survival": 0.5,
        "best_return": 0.068702,
        "worst_return": -0.117845,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.057239,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.174691,
        "regime_survival": 0.0,
        "best_return": -0.057239,
        "worst_return": -0.057239,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-02",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.017857,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-13",
        "end": "2025-05-23",
        "tenure": "Extended",
        "return": -0.379747,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-10-24",
        "tenure": "Established",
        "return": 0.046763,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-31",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.161616,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-05",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": 0.135458,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-23",
        "end": "2026-02-06",
        "tenure": "New",
        "return": -0.043796,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-13",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.028455,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-06",
        "end": "2026-03-20",
        "tenure": "New",
        "return": 0.063025,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.165957,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": 0.025,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.221122,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1.94,
        "volume": 7000,
        "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": 1.96,
        "volume": 9000,
        "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": 2.01,
        "volume": 22000,
        "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": 1.985,
        "volume": 5000,
        "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": 2.0,
        "volume": 24000,
        "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": 1.94,
        "volume": 33000,
        "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": 1.95,
        "volume": 129000,
        "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": 2.0,
        "volume": 66000,
        "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": 1.905,
        "volume": 71000,
        "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": 1.85,
        "volume": 47000,
        "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": 1.72,
        "volume": 48000,
        "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": 1.84,
        "volume": 50000,
        "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": 1.97,
        "volume": 22000,
        "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": 1.94,
        "volume": 33000,
        "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": 1.935,
        "volume": 34000,
        "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": 2.06,
        "volume": 39000,
        "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": 2.35,
        "volume": 393000,
        "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": 2.41,
        "volume": 124000,
        "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": 2.66,
        "volume": 208000,
        "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": 3.23,
        "volume": 674000,
        "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": 3.48,
        "volume": 683000,
        "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": 3.15,
        "volume": 218000,
        "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": 3.44,
        "volume": 493000,
        "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": 3.36,
        "volume": 325000,
        "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": 3.22,
        "volume": 179000,
        "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": 3.19,
        "volume": 79492,
        "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": 3.26,
        "volume": 61091,
        "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": 3.27,
        "volume": 39163,
        "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": 3.49,
        "volume": 172380,
        "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": 4.72,
        "volume": 1625818,
        "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": 4.7,
        "volume": 483557,
        "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": 4.59,
        "volume": 135910,
        "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": 4.76,
        "volume": 243616,
        "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": 4.5,
        "volume": 70122,
        "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": 4.6,
        "volume": 192595,
        "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": 4.11,
        "volume": 113400,
        "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": 3.95,
        "volume": 122920,
        "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": 4.0,
        "volume": 69716,
        "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": 4.15,
        "volume": 264378,
        "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": 4.0,
        "volume": 30688,
        "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": 3.93,
        "volume": 75453,
        "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": 4.13,
        "volume": 205648,
        "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": 3.97,
        "volume": 477594,
        "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": 4.04,
        "volume": 315636,
        "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": 4.01,
        "volume": 119393,
        "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": 4.25,
        "volume": 102576,
        "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": 4.08,
        "volume": 123314,
        "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": 4.05,
        "volume": 71339,
        "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": 4.14,
        "volume": 41715,
        "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": 4.14,
        "volume": 55899,
        "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": 3.92,
        "volume": 27026,
        "typical_volume": 142946.9,
        "trend": 3.970667,
        "fair_value": 2.741262,
        "relative_strength": 22.522356,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": -0.110408,
        "energy": 2.123755,
        "activity_lines": [
          4.050667,
          4.070727,
          4.085476,
          4.085892
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3.88,
        "volume": 90433,
        "typical_volume": 140673.05,
        "trend": 3.995,
        "fair_value": 2.755321,
        "relative_strength": 20.899411,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -22.194401,
        "energy": 17.385717,
        "activity_lines": [
          3.988667,
          4.035636,
          4.058238,
          4.080043
        ]
      },
      {
        "date": "2024-08-16",
        "close": 3.88,
        "volume": 9802,
        "typical_volume": 128982.35,
        "trend": 4.009667,
        "fair_value": 2.769037,
        "relative_strength": 15.248978,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -23.282862,
        "energy": 28.57439,
        "activity_lines": [
          3.94,
          4.005091,
          4.034381,
          4.072624
        ]
      },
      {
        "date": "2024-08-23",
        "close": 4.04,
        "volume": 24555,
        "typical_volume": 126704.0,
        "trend": 4.032333,
        "fair_value": 2.784349,
        "relative_strength": 16.715615,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -17.490779,
        "energy": 26.028925,
        "activity_lines": [
          3.956,
          4.005273,
          4.029952,
          4.074581
        ]
      },
      {
        "date": "2024-08-30",
        "close": 3.88,
        "volume": 21773,
        "typical_volume": 118162.9,
        "trend": 4.054333,
        "fair_value": 2.797393,
        "relative_strength": 8.86594,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -24.498189,
        "energy": 31.748918,
        "activity_lines": [
          3.925333,
          3.976364,
          4.012476,
          4.064753
        ]
      },
      {
        "date": "2024-09-06",
        "close": 3.85,
        "volume": 20696,
        "typical_volume": 113527.7,
        "trend": 4.076333,
        "fair_value": 2.809776,
        "relative_strength": 10.605034,
        "stage": 3,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -55.95214,
        "energy": 40.759318,
        "activity_lines": [
          3.902,
          3.944364,
          3.995571,
          4.05157
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3.95,
        "volume": 10469,
        "typical_volume": 107905.15,
        "trend": 4.099333,
        "fair_value": 2.823035,
        "relative_strength": 11.547361,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.581883,
        "energy": 31.534223,
        "activity_lines": [
          3.916667,
          3.937818,
          3.989429,
          4.043419
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3.6,
        "volume": 35742,
        "typical_volume": 106206.45,
        "trend": 4.110333,
        "fair_value": 2.831966,
        "relative_strength": 0.370413,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.520139,
        "energy": 60.078879,
        "activity_lines": [
          3.81,
          3.87,
          3.949952,
          4.011204
        ]
      },
      {
        "date": "2024-09-27",
        "close": 4.05,
        "volume": 106259,
        "typical_volume": 98300.5,
        "trend": 4.129,
        "fair_value": 2.845807,
        "relative_strength": 8.841512,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.250948,
        "energy": 29.157729,
        "activity_lines": [
          3.872,
          3.892182,
          3.955238,
          4.007312
        ]
      },
      {
        "date": "2024-10-04",
        "close": 3.8,
        "volume": 114513,
        "typical_volume": 102491.75,
        "trend": 4.098333,
        "fair_value": 2.856528,
        "relative_strength": 4.792225,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.10509,
        "energy": 29.07001,
        "activity_lines": [
          3.85,
          3.870545,
          3.93719,
          3.986086
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3.71,
        "volume": 59670,
        "typical_volume": 101702.6,
        "trend": 4.065333,
        "fair_value": 2.866011,
        "relative_strength": -0.53964,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.143722,
        "energy": 35.231482,
        "activity_lines": [
          3.803333,
          3.838727,
          3.911524,
          3.961032
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3.65,
        "volume": 81117,
        "typical_volume": 95476.05,
        "trend": 4.034,
        "fair_value": 2.874626,
        "relative_strength": -5.242978,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.229266,
        "energy": 32.803106,
        "activity_lines": [
          3.746,
          3.799818,
          3.88119,
          3.934237
        ]
      },
      {
        "date": "2024-10-25",
        "close": 3.48,
        "volume": 55237,
        "typical_volume": 74358.2,
        "trend": 3.991333,
        "fair_value": 2.881207,
        "relative_strength": -9.135876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.116321,
        "energy": 56.156776,
        "activity_lines": [
          3.652,
          3.734182,
          3.836952,
          3.898495
        ]
      },
      {
        "date": "2024-11-01",
        "close": 3.52,
        "volume": 140207,
        "typical_volume": 65586.75,
        "trend": 3.958667,
        "fair_value": 2.888075,
        "relative_strength": -8.423571,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.382064,
        "energy": 61.98105,
        "activity_lines": [
          3.579333,
          3.683091,
          3.798857,
          3.868086
        ]
      },
      {
        "date": "2024-11-08",
        "close": 3.29,
        "volume": 62867,
        "typical_volume": 62760.45,
        "trend": 3.915,
        "fair_value": 2.892351,
        "relative_strength": -12.660002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.867983,
        "energy": 73.211917,
        "activity_lines": [
          3.465333,
          3.599636,
          3.741333,
          3.824946
        ]
      },
      {
        "date": "2024-11-15",
        "close": 3.27,
        "volume": 26789,
        "typical_volume": 58971.1,
        "trend": 3.887,
        "fair_value": 2.896326,
        "relative_strength": -14.583489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.69756,
        "energy": 73.333706,
        "activity_lines": [
          3.378667,
          3.523273,
          3.685333,
          3.783333
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2.8,
        "volume": 299936,
        "typical_volume": 67802.2,
        "trend": 3.848667,
        "fair_value": 2.895323,
        "relative_strength": -25.566714,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.853285,
        "energy": 84.947915,
        "activity_lines": [
          3.164667,
          3.372,
          3.589238,
          3.713204
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2.92,
        "volume": 268119,
        "typical_volume": 77641.2,
        "trend": 3.812667,
        "fair_value": 2.895577,
        "relative_strength": -22.437296,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.244376,
        "energy": 80.583624,
        "activity_lines": [
          3.047333,
          3.263455,
          3.510667,
          3.65329
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2.94,
        "volume": 113900,
        "typical_volume": 81250.45,
        "trend": 3.772333,
        "fair_value": 2.896031,
        "relative_strength": -24.999806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.054035,
        "energy": 75.666357,
        "activity_lines": [
          2.974,
          3.170909,
          3.439381,
          3.596989
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2.94,
        "volume": 70261,
        "typical_volume": 81968.55,
        "trend": 3.737,
        "fair_value": 2.896475,
        "relative_strength": -25.361254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.14578,
        "energy": 69.055276,
        "activity_lines": [
          2.939333,
          3.098545,
          3.37381,
          3.54329
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2.84,
        "volume": 109632,
        "typical_volume": 86098.85,
        "trend": 3.700667,
        "fair_value": 2.89591,
        "relative_strength": -25.457277,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.656815,
        "energy": 55.877262,
        "activity_lines": [
          2.894667,
          3.023636,
          3.304429,
          3.485419
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2.86,
        "volume": 18721,
        "typical_volume": 82513.25,
        "trend": 3.658333,
        "fair_value": 2.895554,
        "relative_strength": -25.512181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.704399,
        "energy": 54.740621,
        "activity_lines": [
          2.885333,
          2.968182,
          3.242095,
          3.431183
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2.93,
        "volume": 20198,
        "typical_volume": 83033.05,
        "trend": 3.623667,
        "fair_value": 2.895892,
        "relative_strength": -23.241408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.987229,
        "energy": 52.177966,
        "activity_lines": [
          2.895333,
          2.939818,
          3.191286,
          3.384194
        ]
      },
      {
        "date": "2025-01-10",
        "close": 3.0,
        "volume": 24387,
        "typical_volume": 83024.65,
        "trend": 3.589,
        "fair_value": 2.896903,
        "relative_strength": -23.326469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.976527,
        "energy": 46.881575,
        "activity_lines": [
          2.928,
          2.934182,
          3.151667,
          3.343957
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2.98,
        "volume": 32375,
        "typical_volume": 83554.75,
        "trend": 3.554667,
        "fair_value": 2.897702,
        "relative_strength": -25.909858,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.945471,
        "energy": 36.98918,
        "activity_lines": [
          2.95,
          2.934364,
          3.115095,
          3.304667
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2.87,
        "volume": 269301,
        "typical_volume": 95985.0,
        "trend": 3.508667,
        "fair_value": 2.897438,
        "relative_strength": -28.122254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.807527,
        "energy": 35.641974,
        "activity_lines": [
          2.932667,
          2.920182,
          3.072333,
          3.260495
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2.46,
        "volume": 665319,
        "typical_volume": 128727.5,
        "trend": 3.454667,
        "fair_value": 2.893311,
        "relative_strength": -38.447172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.458188,
        "energy": 51.398136,
        "activity_lines": [
          2.776667,
          2.838727,
          2.99519,
          3.192839
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2.47,
        "volume": 110064,
        "typical_volume": 132443.6,
        "trend": 3.402,
        "fair_value": 2.889355,
        "relative_strength": -38.787111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.93023,
        "energy": 62.991356,
        "activity_lines": [
          2.650667,
          2.765273,
          2.926095,
          3.129312
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2.4,
        "volume": 106320,
        "typical_volume": 132446.65,
        "trend": 3.344,
        "fair_value": 2.884824,
        "relative_strength": -41.557744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.107,
        "energy": 78.148866,
        "activity_lines": [
          2.532,
          2.687273,
          2.855714,
          3.064667
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2.55,
        "volume": 69430,
        "typical_volume": 130192.5,
        "trend": 3.291,
        "fair_value": 2.881752,
        "relative_strength": -38.251786,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.49954,
        "energy": 78.283787,
        "activity_lines": [
          2.503333,
          2.646364,
          2.807476,
          3.013441
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2.57,
        "volume": 101963,
        "typical_volume": 132307.15,
        "trend": 3.246,
        "fair_value": 2.878918,
        "relative_strength": -37.704136,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.723538,
        "energy": 73.644861,
        "activity_lines": [
          2.51,
          2.616182,
          2.767095,
          2.966925
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2.51,
        "volume": 44749,
        "typical_volume": 130488.75,
        "trend": 3.200333,
        "fair_value": 2.875595,
        "relative_strength": -38.211695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.906652,
        "energy": 55.98763,
        "activity_lines": [
          2.516667,
          2.58,
          2.726429,
          2.919441
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2.43,
        "volume": 38005,
        "typical_volume": 129627.15,
        "trend": 3.152,
        "fair_value": 2.871616,
        "relative_strength": -39.440358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.811114,
        "energy": 51.53023,
        "activity_lines": [
          2.493333,
          2.535636,
          2.683571,
          2.869742
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2.34,
        "volume": 101426,
        "typical_volume": 127688.1,
        "trend": 3.095333,
        "fair_value": 2.866912,
        "relative_strength": -41.453082,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.539002,
        "energy": 53.176644,
        "activity_lines": [
          2.442667,
          2.484,
          2.637143,
          2.817355
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2.48,
        "volume": 133676,
        "typical_volume": 131228.55,
        "trend": 3.048667,
        "fair_value": 2.863518,
        "relative_strength": -36.605827,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.221216,
        "energy": 45.55031,
        "activity_lines": [
          2.442667,
          2.469818,
          2.609667,
          2.777656
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2.42,
        "volume": 53439,
        "typical_volume": 132561.05,
        "trend": 3.001,
        "fair_value": 2.859661,
        "relative_strength": -30.004847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.094012,
        "energy": 43.788763,
        "activity_lines": [
          2.427333,
          2.453818,
          2.580333,
          2.737097
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2.25,
        "volume": 82751,
        "typical_volume": 121701.8,
        "trend": 2.944333,
        "fair_value": 2.854405,
        "relative_strength": -32.826457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.373681,
        "energy": 47.846674,
        "activity_lines": [
          2.365333,
          2.415091,
          2.538857,
          2.688645
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2.27,
        "volume": 16494,
        "typical_volume": 109120.55,
        "trend": 2.9,
        "fair_value": 2.84941,
        "relative_strength": -35.170597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.408217,
        "energy": 45.324681,
        "activity_lines": [
          2.327333,
          2.383818,
          2.501905,
          2.64514
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2.29,
        "volume": 35398,
        "typical_volume": 105195.45,
        "trend": 2.841333,
        "fair_value": 2.844669,
        "relative_strength": -36.3152,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.899183,
        "energy": 46.190804,
        "activity_lines": [
          2.306667,
          2.359818,
          2.469952,
          2.605785
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2.47,
        "volume": 194689,
        "typical_volume": 111416.85,
        "trend": 2.797,
        "fair_value": 2.841521,
        "relative_strength": -32.329073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.756355,
        "energy": 40.348165,
        "activity_lines": [
          2.349333,
          2.370545,
          2.458238,
          2.581828
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2.55,
        "volume": 34419,
        "typical_volume": 107656.2,
        "trend": 2.758333,
        "fair_value": 2.839092,
        "relative_strength": -31.222818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.848188,
        "energy": 26.018486,
        "activity_lines": [
          2.419333,
          2.397273,
          2.456381,
          2.565892
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2.54,
        "volume": 37469,
        "typical_volume": 108593.6,
        "trend": 2.721333,
        "fair_value": 2.83662,
        "relative_strength": -32.967948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.196632,
        "energy": 18.258538,
        "activity_lines": [
          2.477333,
          2.422545,
          2.454952,
          2.551806
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2.45,
        "volume": 19177,
        "typical_volume": 108542.55,
        "trend": 2.687,
        "fair_value": 2.833451,
        "relative_strength": -32.688196,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.729437,
        "energy": 19.457206,
        "activity_lines": [
          2.486,
          2.430909,
          2.446476,
          2.534301
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2.78,
        "volume": 62000,
        "typical_volume": 110423.2,
        "trend": 2.662333,
        "fair_value": 2.833016,
        "relative_strength": -23.988929,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.474421,
        "energy": 16.829379,
        "activity_lines": [
          2.592667,
          2.498909,
          2.471714,
          2.540301
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2.54,
        "volume": 77093,
        "typical_volume": 112659.1,
        "trend": 2.637333,
        "fair_value": 2.830653,
        "relative_strength": -30.672311,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.552103,
        "energy": 15.132228,
        "activity_lines": [
          2.586667,
          2.515273,
          2.475143,
          2.532409
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2.48,
        "volume": 45828,
        "typical_volume": 101485.45,
        "trend": 2.611,
        "fair_value": 2.827848,
        "relative_strength": -29.399112,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.537639,
        "energy": 11.778358,
        "activity_lines": [
          2.556,
          2.519636,
          2.474952,
          2.522258
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2.51,
        "volume": 145570,
        "typical_volume": 75498.0,
        "trend": 2.601333,
        "fair_value": 2.825325,
        "relative_strength": -27.280552,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.501176,
        "energy": 11.359577,
        "activity_lines": [
          2.54,
          2.528364,
          2.479476,
          2.515742
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2.5,
        "volume": 47858,
        "typical_volume": 72387.7,
        "trend": 2.587333,
        "fair_value": 2.822764,
        "relative_strength": -27.46655,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.19206,
        "energy": 12.244148,
        "activity_lines": [
          2.522667,
          2.530545,
          2.48281,
          2.509204
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2.55,
        "volume": 36092,
        "typical_volume": 68876.3,
        "trend": 2.574333,
        "fair_value": 2.820633,
        "relative_strength": -24.864076,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.449102,
        "energy": 11.361752,
        "activity_lines": [
          2.518667,
          2.537636,
          2.490762,
          2.506796
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2.53,
        "volume": 15211,
        "typical_volume": 66165.35,
        "trend": 2.560667,
        "fair_value": 2.81838,
        "relative_strength": -25.397273,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.322181,
        "energy": 10.353857,
        "activity_lines": [
          2.523333,
          2.536364,
          2.496095,
          2.503935
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2.43,
        "volume": 39195,
        "typical_volume": 63026.95,
        "trend": 2.547,
        "fair_value": 2.815392,
        "relative_strength": -27.765175,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.068471,
        "energy": 15.230273,
        "activity_lines": [
          2.495333,
          2.515818,
          2.492,
          2.495505
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2.44,
        "volume": 41835,
        "typical_volume": 62881.25,
        "trend": 2.533,
        "fair_value": 2.812527,
        "relative_strength": -27.155573,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.894609,
        "energy": 13.010219,
        "activity_lines": [
          2.474,
          2.499273,
          2.489524,
          2.488602
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2.44,
        "volume": 51729,
        "typical_volume": 63567.45,
        "trend": 2.516667,
        "fair_value": 2.809705,
        "relative_strength": -24.646867,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.780046,
        "energy": 19.372046,
        "activity_lines": [
          2.457333,
          2.484545,
          2.487381,
          2.482602
        ]
      },
      {
        "date": "2025-08-08",
        "close": 2.32,
        "volume": 51645,
        "typical_volume": 61078.4,
        "trend": 2.494,
        "fair_value": 2.806023,
        "relative_strength": -30.146897,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.225016,
        "energy": 37.569436,
        "activity_lines": [
          2.404667,
          2.448182,
          2.473762,
          2.469914
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2.41,
        "volume": 27212,
        "typical_volume": 55755.2,
        "trend": 2.475,
        "fair_value": 2.803067,
        "relative_strength": -28.133994,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.158825,
        "energy": 36.90274,
        "activity_lines": [
          2.397333,
          2.436545,
          2.46881,
          2.464495
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2.42,
        "volume": 43670,
        "typical_volume": 55266.75,
        "trend": 2.46,
        "fair_value": 2.80023,
        "relative_strength": -27.795265,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -13.491338,
        "energy": 24.415436,
        "activity_lines": [
          2.401333,
          2.429091,
          2.465143,
          2.460946
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2.45,
        "volume": 30076,
        "typical_volume": 52633.0,
        "trend": 2.459667,
        "fair_value": 2.797654,
        "relative_strength": -23.934094,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.424146,
        "energy": 18.95975,
        "activity_lines": [
          2.416,
          2.428182,
          2.464333,
          2.460301
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2.45,
        "volume": 56831,
        "typical_volume": 54649.85,
        "trend": 2.459,
        "fair_value": 2.795117,
        "relative_strength": -21.739945,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.205417,
        "energy": 3.573004,
        "activity_lines": [
          2.43,
          2.428364,
          2.462571,
          2.459677
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2.54,
        "volume": 358145,
        "typical_volume": 70787.2,
        "trend": 2.463667,
        "fair_value": 2.793268,
        "relative_strength": -19.497743,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.069755,
        "energy": 12.665717,
        "activity_lines": [
          2.473333,
          2.445818,
          2.468524,
          2.464903
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2.6,
        "volume": 79917,
        "typical_volume": 65048.6,
        "trend": 2.465333,
        "fair_value": 2.791878,
        "relative_strength": -16.118219,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.810036,
        "energy": 29.302342,
        "activity_lines": [
          2.522,
          2.474364,
          2.479,
          2.473699
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2.5,
        "volume": 87350,
        "typical_volume": 67695.15,
        "trend": 2.463,
        "fair_value": 2.789793,
        "relative_strength": -18.738817,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.36418,
        "energy": 29.955379,
        "activity_lines": [
          2.524667,
          2.483455,
          2.479333,
          2.475935
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2.36,
        "volume": 165576,
        "typical_volume": 74100.5,
        "trend": 2.458,
        "fair_value": 2.786745,
        "relative_strength": -23.175463,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 7.159257,
        "energy": 7.532883,
        "activity_lines": [
          2.475333,
          2.465818,
          2.466571,
          2.46929
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2.5,
        "volume": 209801,
        "typical_volume": 83631.7,
        "trend": 2.460333,
        "fair_value": 2.784725,
        "relative_strength": -15.157683,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 34.307588,
        "energy": 14.391586,
        "activity_lines": [
          2.478667,
          2.475091,
          2.468,
          2.472
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2.64,
        "volume": 224962,
        "typical_volume": 91779.8,
        "trend": 2.470333,
        "fair_value": 2.783713,
        "relative_strength": -8.771395,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 50.74966,
        "energy": 22.311629,
        "activity_lines": [
          2.525333,
          2.508727,
          2.482524,
          2.483591
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2.91,
        "volume": 253446,
        "typical_volume": 100597.45,
        "trend": 2.484667,
        "fair_value": 2.78459,
        "relative_strength": -0.292895,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 78.897841,
        "energy": 61.799157,
        "activity_lines": [
          2.655333,
          2.585636,
          2.523429,
          2.511957
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2.97,
        "volume": 434721,
        "typical_volume": 120042.1,
        "trend": 2.503,
        "fair_value": 2.785869,
        "relative_strength": 1.067135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.552139,
        "energy": 76.364072,
        "activity_lines": [
          2.784667,
          2.664364,
          2.568286,
          2.543269
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2.9,
        "volume": 199935,
        "typical_volume": 122760.35,
        "trend": 2.524667,
        "fair_value": 2.786651,
        "relative_strength": 0.11665,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.512171,
        "energy": 76.021619,
        "activity_lines": [
          2.859333,
          2.720364,
          2.604143,
          2.568882
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2.79,
        "volume": 94438,
        "typical_volume": 125089.35,
        "trend": 2.542,
        "fair_value": 2.786673,
        "relative_strength": -5.168162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.4189,
        "energy": 71.812641,
        "activity_lines": [
          2.861333,
          2.748182,
          2.627667,
          2.586
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2.35,
        "volume": 335800,
        "typical_volume": 140074.75,
        "trend": 2.544,
        "fair_value": 2.783723,
        "relative_strength": -16.946998,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 32.511973,
        "energy": 23.727914,
        "activity_lines": [
          2.697333,
          2.689818,
          2.607905,
          2.573613
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2.49,
        "volume": 201543,
        "typical_volume": 149391.35,
        "trend": 2.544667,
        "fair_value": 2.781752,
        "relative_strength": -12.6511,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 22.43691,
        "energy": 14.374538,
        "activity_lines": [
          2.599333,
          2.660364,
          2.602429,
          2.570129
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2.51,
        "volume": 62587,
        "typical_volume": 150560.95,
        "trend": 2.543333,
        "fair_value": 2.77994,
        "relative_strength": -11.40876,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.290426,
        "energy": 14.283021,
        "activity_lines": [
          2.536,
          2.636545,
          2.599048,
          2.567892
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2.44,
        "volume": 59191,
        "typical_volume": 151428.75,
        "trend": 2.54,
        "fair_value": 2.777689,
        "relative_strength": -13.319296,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.631575,
        "energy": 22.484792,
        "activity_lines": [
          2.48,
          2.599818,
          2.588619,
          2.561226
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2.6,
        "volume": 128210,
        "typical_volume": 155252.8,
        "trend": 2.545,
        "fair_value": 2.77652,
        "relative_strength": -9.502536,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.576152,
        "energy": 14.837262,
        "activity_lines": [
          2.508,
          2.590727,
          2.593429,
          2.565097
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2.63,
        "volume": 30479,
        "typical_volume": 154194.5,
        "trend": 2.54,
        "fair_value": 2.775562,
        "relative_strength": -7.461966,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.527222,
        "energy": 10.366941,
        "activity_lines": [
          2.558667,
          2.585273,
          2.600333,
          2.570581
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2.67,
        "volume": 33467,
        "typical_volume": 154507.25,
        "trend": 2.544333,
        "fair_value": 2.774877,
        "relative_strength": -6.883492,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.791224,
        "energy": 14.243495,
        "activity_lines": [
          2.604,
          2.587273,
          2.609571,
          2.578968
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2.77,
        "volume": 146449,
        "typical_volume": 159646.2,
        "trend": 2.554,
        "fair_value": 2.774845,
        "relative_strength": -3.392733,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.456017,
        "energy": 27.971735,
        "activity_lines": [
          2.670667,
          2.611818,
          2.627095,
          2.593527
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2.85,
        "volume": 144184,
        "typical_volume": 165351.6,
        "trend": 2.565333,
        "fair_value": 2.775327,
        "relative_strength": -0.168046,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.037295,
        "energy": 49.91068,
        "activity_lines": [
          2.746667,
          2.654545,
          2.650571,
          2.612624
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2.74,
        "volume": 24476,
        "typical_volume": 163733.85,
        "trend": 2.573333,
        "fair_value": 2.782763,
        "relative_strength": -1.396332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.93267,
        "energy": 53.135543,
        "activity_lines": [
          2.758667,
          2.678182,
          2.661667,
          2.623892
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2.62,
        "volume": 33404,
        "typical_volume": 147496.8,
        "trend": 2.575667,
        "fair_value": 2.789429,
        "relative_strength": -6.867984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.957646,
        "energy": 46.884285,
        "activity_lines": [
          2.721333,
          2.680909,
          2.659952,
          2.626903
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2.62,
        "volume": 97122,
        "typical_volume": 148357.05,
        "trend": 2.578667,
        "fair_value": 2.796596,
        "relative_strength": -7.303087,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.610033,
        "energy": 23.607754,
        "activity_lines": [
          2.684667,
          2.678727,
          2.657857,
          2.629763
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2.46,
        "volume": 54480,
        "typical_volume": 146713.55,
        "trend": 2.579667,
        "fair_value": 2.802263,
        "relative_strength": -11.86064,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.435792,
        "energy": 10.690585,
        "activity_lines": [
          2.598,
          2.645091,
          2.640429,
          2.622108
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2.63,
        "volume": 78910,
        "typical_volume": 142380.25,
        "trend": 2.586,
        "fair_value": 2.808583,
        "relative_strength": -7.599688,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.36808,
        "energy": 19.71951,
        "activity_lines": [
          2.588667,
          2.643273,
          2.639381,
          2.625355
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2.39,
        "volume": 62695,
        "typical_volume": 135024.95,
        "trend": 2.584333,
        "fair_value": 2.813455,
        "relative_strength": -16.928791,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -34.764549,
        "energy": 36.584344,
        "activity_lines": [
          2.514,
          2.594364,
          2.61419,
          2.61271
        ]
      },
      {
        "date": "2026-03-06",
        "close": 2.38,
        "volume": 35105,
        "typical_volume": 125532.1,
        "trend": 2.586333,
        "fair_value": 2.818699,
        "relative_strength": -11.235026,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.459515,
        "energy": 56.261686,
        "activity_lines": [
          2.459333,
          2.547455,
          2.588571,
          2.599527
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2.5,
        "volume": 74634,
        "typical_volume": 116591.5,
        "trend": 2.589333,
        "fair_value": 2.824878,
        "relative_strength": -6.916445,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.951397,
        "energy": 45.850204,
        "activity_lines": [
          2.460667,
          2.526909,
          2.575619,
          2.593957
        ]
      },
      {
        "date": "2026-03-20",
        "close": 2.53,
        "volume": 53893,
        "typical_volume": 97550.1,
        "trend": 2.593,
        "fair_value": 2.830622,
        "relative_strength": -2.526452,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -54.356074,
        "energy": 49.812161,
        "activity_lines": [
          2.48,
          2.514909,
          2.567476,
          2.590129
        ]
      },
      {
        "date": "2026-03-27",
        "close": 2.35,
        "volume": 37397,
        "typical_volume": 89423.2,
        "trend": 2.589667,
        "fair_value": 2.835417,
        "relative_strength": -10.30394,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.531861,
        "energy": 48.49341,
        "activity_lines": [
          2.434667,
          2.474545,
          2.544286,
          2.574452
        ]
      },
      {
        "date": "2026-04-03",
        "close": 2.4,
        "volume": 49018,
        "typical_volume": 87152.2,
        "trend": 2.588,
        "fair_value": 2.837212,
        "relative_strength": -12.424217,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.796076,
        "energy": 35.798734,
        "activity_lines": [
          2.424667,
          2.452364,
          2.528476,
          2.562215
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2.55,
        "volume": 141719,
        "typical_volume": 77448.15,
        "trend": 2.588333,
        "fair_value": 2.839776,
        "relative_strength": -10.468302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.248257,
        "energy": 23.622273,
        "activity_lines": [
          2.464,
          2.463636,
          2.52881,
          2.559763
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2.74,
        "volume": 67507,
        "typical_volume": 70746.35,
        "trend": 2.593,
        "fair_value": 2.843942,
        "relative_strength": -6.065683,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.454671,
        "energy": 7.958292,
        "activity_lines": [
          2.555333,
          2.510727,
          2.546286,
          2.569548
        ]
      },
      {
        "date": "2026-04-24",
        "close": 2.74,
        "volume": 53077,
        "typical_volume": 70270.85,
        "trend": 2.601,
        "fair_value": 2.848237,
        "relative_strength": -3.556057,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 10.256611,
        "energy": 17.31054,
        "activity_lines": [
          2.630667,
          2.555636,
          2.562571,
          2.579032
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2.8,
        "volume": 112158,
        "typical_volume": 72919.2,
        "trend": 2.615667,
        "fair_value": 2.853173,
        "relative_strength": -2.44774,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.919439,
        "energy": 30.39911,
        "activity_lines": [
          2.712,
          2.606364,
          2.583476,
          2.591871
        ]
      },
      {
        "date": "2026-05-08",
        "close": 2.68,
        "volume": 40039,
        "typical_volume": 68510.65,
        "trend": 2.621667,
        "fair_value": 2.857596,
        "relative_strength": -8.298005,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.162959,
        "energy": 34.205746,
        "activity_lines": [
          2.723333,
          2.632182,
          2.591238,
          2.596022
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2.68,
        "volume": 50725,
        "typical_volume": 69522.95,
        "trend": 2.623,
        "fair_value": 2.862692,
        "relative_strength": -7.736413,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.161932,
        "energy": 35.264192,
        "activity_lines": [
          2.716,
          2.652727,
          2.598619,
          2.599785
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2.75,
        "volume": 58795,
        "typical_volume": 70789.35,
        "trend": 2.617667,
        "fair_value": 2.867532,
        "relative_strength": -5.882266,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.062143,
        "energy": 34.570647,
        "activity_lines": [
          2.723333,
          2.680545,
          2.612429,
          2.607978
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2.87,
        "volume": 134590,
        "typical_volume": 70196.4,
        "trend": 2.614333,
        "fair_value": 2.873429,
        "relative_strength": -2.426588,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 66.421142,
        "energy": 43.859578,
        "activity_lines": [
          2.77,
          2.725636,
          2.637286,
          2.624258
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3.03,
        "volume": 35415,
        "typical_volume": 64757.95,
        "trend": 2.618667,
        "fair_value": 2.879391,
        "relative_strength": 3.372195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.007136,
        "energy": 64.90977,
        "activity_lines": [
          2.861333,
          2.793636,
          2.676905,
          2.651075
        ]
      },
      {
        "date": "2026-06-12",
        "close": 3.39,
        "volume": 164818,
        "typical_volume": 71775.05,
        "trend": 2.638667,
        "fair_value": 2.888045,
        "relative_strength": 11.943718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.658091,
        "energy": 86.528521,
        "activity_lines": [
          3.057333,
          2.914727,
          2.749952,
          2.700839
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3.65,
        "volume": 71938,
        "typical_volume": 73701.75,
        "trend": 2.682,
        "fair_value": 2.897724,
        "relative_strength": 17.250985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.373918,
        "energy": 94.914698,
        "activity_lines": [
          3.292667,
          3.065091,
          2.844667,
          2.766086
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3.83,
        "volume": 13233,
        "typical_volume": 69507.3,
        "trend": 2.726667,
        "fair_value": 2.907917,
        "relative_strength": 26.347819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.683643,
        "energy": 96.865753,
        "activity_lines": [
          3.523333,
          3.228182,
          2.951619,
          2.840151
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3.63,
        "volume": 32400,
        "typical_volume": 68403.3,
        "trend": 2.764,
        "fair_value": 2.91734,
        "relative_strength": 16.061987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.031495,
        "energy": 89.34412,
        "activity_lines": [
          3.615333,
          3.335091,
          3.033762,
          2.89843
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3.7,
        "volume": 57987,
        "typical_volume": 67357.15,
        "trend": 2.806,
        "fair_value": 2.927212,
        "relative_strength": 18.484108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.57156,
        "energy": 89.281948,
        "activity_lines": [
          3.68,
          3.438545,
          3.117,
          2.958817
        ]
      },
      {
        "date": "2026-07-17",
        "close": 3.48,
        "volume": 37722,
        "typical_volume": 66108.5,
        "trend": 2.835333,
        "fair_value": 2.935737,
        "relative_strength": 12.763114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.601872,
        "energy": 80.198958,
        "activity_lines": [
          3.626667,
          3.485636,
          3.17419,
          3.002301
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.63,
        "volume": 59743,
        "typical_volume": 67340.4,
        "trend": 2.868667,
        "fair_value": 2.945545,
        "relative_strength": 17.419484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.181601,
        "energy": 63.307967,
        "activity_lines": [
          3.617333,
          3.545455,
          3.240476,
          3.05357
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3.7,
        "volume": 75767,
        "typical_volume": 67397.05,
        "trend": 2.903,
        "fair_value": 2.956891,
        "relative_strength": 18.457447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.652795,
        "energy": 62.30391,
        "activity_lines": [
          3.632667,
          3.600727,
          3.307476,
          3.107204
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3.7,
        "volume": 104748,
        "typical_volume": 69939.8,
        "trend": 2.934,
        "fair_value": 2.968429,
        "relative_strength": 14.568931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.034148,
        "energy": 57.439395,
        "activity_lines": [
          3.656667,
          3.638727,
          3.368762,
          3.158624
        ]
      }
    ],
    "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."
    }
  }
}