{
  "ticker": {
    "uuid": "d42049a4-b545-4b78-9533-f863a134e440",
    "symbol": "SFWL",
    "name": "Shengfeng Development Limited Class A Ordinary Shares",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 48.041,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -28.991,
    "architecture_energy": 11.973,
    "architecture_maturity": 23.378,
    "architecture_confidence": 84.029,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 40.95,
        "rotation_up": 25.61,
        "upward_expansion": 16.11,
        "deceleration": 37.96,
        "rotation_down": 34.89,
        "downward_expansion": 61.44
      },
      "activity_lines": [
        0.859387,
        0.849127,
        0.86827,
        0.878544
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 0.8891,
    "trend_reference": 0.890585,
    "distance_from_trend": -0.001667,
    "trend_direction": "Weakening",
    "fair_value": 2.340344,
    "distance_from_fair_value": -0.620099,
    "fair_value_direction": "Improving",
    "relative_strength": -17.376093,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.016373,
    "excess_performance": -0.203827,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.001667,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.032319,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.620099,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.074002,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.173761,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.073284,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.016373,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.446516,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 111065,
      "relative_activity": 1.111605,
      "balance": 2.446516,
      "dry_up": 1.630807,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.191672,
      "annualized_volatility": 0.77247,
      "from_high_reference": -0.310775,
      "from_low_reference": 0.575022
    },
    "levels": {
      "trend_reference": 0.890585,
      "fair_value_reference": 2.340344,
      "structural_low": 0.6105,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.013572,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.031126,
        "regime_survival": 0.833333,
        "best_return": 0.057783,
        "worst_return": -0.059307,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.05081,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.053696,
        "regime_survival": 0.5,
        "best_return": -0.019802,
        "worst_return": -0.081818,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.1,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.096308,
        "regime_survival": 0.0,
        "best_return": -0.1,
        "worst_return": -0.1,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.261786,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.424568,
        "regime_survival": 0.0,
        "best_return": -0.261786,
        "worst_return": -0.261786,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-04",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.134328,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2025-05-16",
        "tenure": "Established",
        "return": -0.063636,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-09-12",
        "tenure": "Established",
        "return": 0.15023,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.175776,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-17",
        "end": "2025-10-31",
        "tenure": "New",
        "return": 0.004228,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-07",
        "end": "2025-12-19",
        "tenure": "Developing",
        "return": 0.096491,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-26",
        "end": "2026-07-10",
        "tenure": "Extended",
        "return": -0.252868,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.114859,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 5.75,
        "volume": 1190646,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 5.37,
        "volume": 417119,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 6.56,
        "volume": 947620,
        "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": 8.73,
        "volume": 1059519,
        "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": 14.35,
        "volume": 3789646,
        "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": 12.55,
        "volume": 687478,
        "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": 11.9,
        "volume": 887291,
        "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": 10.82,
        "volume": 867764,
        "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": 15.16,
        "volume": 950409,
        "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": 12.08,
        "volume": 627745,
        "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": 12.87,
        "volume": 275716,
        "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": 12.52,
        "volume": 908717,
        "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": 9.32,
        "volume": 2011253,
        "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": 11.23,
        "volume": 776761,
        "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": 12.53,
        "volume": 427598,
        "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": 13.94,
        "volume": 523290,
        "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": 15.15,
        "volume": 944713,
        "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": 9.92,
        "volume": 846831,
        "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": 3.29,
        "volume": 28240640,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 2.94,
        "volume": 6457792,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 2.19,
        "volume": 8820993,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 2.19,
        "volume": 4512690,
        "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": 1.89,
        "volume": 1223533,
        "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": 1.81,
        "volume": 1397481,
        "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": 1.6,
        "volume": 1115738,
        "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": 1.92,
        "volume": 2041720,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1.97,
        "volume": 2327808,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1.75,
        "volume": 1441864,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1.68,
        "volume": 1805242,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1.74,
        "volume": 648721,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1.55,
        "volume": 995001,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1.68,
        "volume": 519934,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1.69,
        "volume": 382869,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1.93,
        "volume": 1432917,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1.8,
        "volume": 2566011,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1.63,
        "volume": 1371197,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1.68,
        "volume": 5779126,
        "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": 1.85,
        "volume": 687656,
        "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": 1.93,
        "volume": 827173,
        "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": 1.99,
        "volume": 394450,
        "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": 2.07,
        "volume": 453842,
        "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": 1.98,
        "volume": 184939,
        "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": 0.9601,
        "volume": 13466181,
        "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": 1.08,
        "volume": 1156513,
        "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": 1.07,
        "volume": 540301,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1.3,
        "volume": 1091131,
        "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": 1.292,
        "volume": 540280,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1.32,
        "volume": 284144,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1.295,
        "volume": 466543,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1.282,
        "volume": 184453,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1.29,
        "volume": 239782,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1.182,
        "volume": 254267,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1.26,
        "volume": 168970,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1.26,
        "volume": 94734,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1.29,
        "volume": 142538,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1.28,
        "volume": 46982,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1.27,
        "volume": 71916,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1.33,
        "volume": 154046,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1.33,
        "volume": 750358,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1.34,
        "volume": 195410,
        "typical_volume": 1024366.5,
        "trend": 1.473703,
        "fair_value": 4.969264,
        "relative_strength": -70.840537,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -20.141277,
        "energy": 12.877116,
        "activity_lines": [
          1.322,
          1.300073,
          1.287063,
          1.366461
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1.29,
        "volume": 205372,
        "typical_volume": 1011943.0,
        "trend": 1.465037,
        "fair_value": 4.923841,
        "relative_strength": -69.864934,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -19.25596,
        "energy": 12.577754,
        "activity_lines": [
          1.315333,
          1.301309,
          1.28382,
          1.354609
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1.31,
        "volume": 836700,
        "typical_volume": 1044531.05,
        "trend": 1.452703,
        "fair_value": 4.87977,
        "relative_strength": -67.162921,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -18.76843,
        "energy": 10.785581,
        "activity_lines": [
          1.314667,
          1.306182,
          1.286196,
          1.344607
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1.45,
        "volume": 531233,
        "typical_volume": 397783.65,
        "trend": 1.444703,
        "fair_value": 4.838447,
        "relative_strength": -60.454744,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": 4.219915,
        "energy": 9.776595,
        "activity_lines": [
          1.358,
          1.334182,
          1.305095,
          1.344432
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1.34,
        "volume": 680308,
        "typical_volume": 373973.4,
        "trend": 1.425037,
        "fair_value": 4.796799,
        "relative_strength": -59.549643,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -12.27746,
        "energy": 10.366278,
        "activity_lines": [
          1.356667,
          1.338727,
          1.311186,
          1.337677
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1.35,
        "volume": 411037,
        "typical_volume": 367510.2,
        "trend": 1.410037,
        "fair_value": 4.756248,
        "relative_strength": -58.778548,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -11.130736,
        "energy": 11.321691,
        "activity_lines": [
          1.358,
          1.343636,
          1.31699,
          1.332836
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1.235,
        "volume": 389081,
        "typical_volume": 332407.7,
        "trend": 1.39687,
        "fair_value": 4.715303,
        "relative_strength": -57.518217,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -37.221152,
        "energy": 15.399675,
        "activity_lines": [
          1.320333,
          1.326545,
          1.31051,
          1.321543
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1.11,
        "volume": 124825,
        "typical_volume": 311634.95,
        "trend": 1.37787,
        "fair_value": 4.673863,
        "relative_strength": -58.38667,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -63.885323,
        "energy": 35.583608,
        "activity_lines": [
          1.244667,
          1.287545,
          1.292433,
          1.303036
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1.22,
        "volume": 311925,
        "typical_volume": 313024.0,
        "trend": 1.35687,
        "fair_value": 4.634615,
        "relative_strength": -48.280335,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -47.5655,
        "energy": 38.330693,
        "activity_lines": [
          1.219,
          1.271455,
          1.2857,
          1.292851
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1.16,
        "volume": 478282,
        "typical_volume": 313610.95,
        "trend": 1.331203,
        "fair_value": 4.595574,
        "relative_strength": -43.821319,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -56.681423,
        "energy": 48.557772,
        "activity_lines": [
          1.188667,
          1.246455,
          1.273729,
          1.280149
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1.1,
        "volume": 152183,
        "typical_volume": 311997.45,
        "trend": 1.301537,
        "fair_value": 4.556734,
        "relative_strength": -40.555958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.305815,
        "energy": 58.452234,
        "activity_lines": [
          1.150333,
          1.213636,
          1.256686,
          1.265233
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1.065,
        "volume": 209413,
        "typical_volume": 310479.0,
        "trend": 1.268037,
        "fair_value": 4.518364,
        "relative_strength": -39.101576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.355061,
        "energy": 55.52824,
        "activity_lines": [
          1.117,
          1.178818,
          1.237176,
          1.249972
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1.06,
        "volume": 129038,
        "typical_volume": 304217.55,
        "trend": 1.23737,
        "fair_value": 4.480773,
        "relative_strength": -38.105388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.077179,
        "energy": 58.937639,
        "activity_lines": [
          1.093333,
          1.147182,
          1.218262,
          1.236551
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1.11,
        "volume": 134190,
        "typical_volume": 302478.55,
        "trend": 1.242367,
        "fair_value": 4.444528,
        "relative_strength": -33.354023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.250366,
        "energy": 51.747488,
        "activity_lines": [
          1.089667,
          1.129182,
          1.20469,
          1.228333
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1.038,
        "volume": 934911,
        "typical_volume": 344487.4,
        "trend": 1.240967,
        "fair_value": 4.408288,
        "relative_strength": -34.980061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.138127,
        "energy": 51.55171,
        "activity_lines": [
          1.069333,
          1.104273,
          1.184976,
          1.215148
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1.03,
        "volume": 73294,
        "typical_volume": 341025.2,
        "trend": 1.239633,
        "fair_value": 4.372727,
        "relative_strength": -36.291854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.002212,
        "energy": 47.720721,
        "activity_lines": [
          1.054467,
          1.0834,
          1.165557,
          1.201538
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1.015,
        "volume": 71220,
        "typical_volume": 342237.1,
        "trend": 1.230133,
        "fair_value": 4.337751,
        "relative_strength": -37.227868,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.530764,
        "energy": 46.548704,
        "activity_lines": [
          1.039267,
          1.065618,
          1.145948,
          1.187045
        ]
      },
      {
        "date": "2025-01-31",
        "close": 0.96,
        "volume": 141555,
        "typical_volume": 345719.05,
        "trend": 1.219067,
        "fair_value": 4.302929,
        "relative_strength": -39.060412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.188552,
        "energy": 64.051353,
        "activity_lines": [
          1.009067,
          1.041836,
          1.122362,
          1.169617
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1.02,
        "volume": 60505,
        "typical_volume": 341042.0,
        "trend": 1.209067,
        "fair_value": 4.26943,
        "relative_strength": -34.29557,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.448709,
        "energy": 56.557697,
        "activity_lines": [
          1.005533,
          1.031691,
          1.105967,
          1.156774
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1.01,
        "volume": 154523,
        "typical_volume": 311250.25,
        "trend": 1.199567,
        "fair_value": 4.236506,
        "relative_strength": -35.64471,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.834354,
        "energy": 53.040292,
        "activity_lines": [
          1.004667,
          1.023364,
          1.090095,
          1.143931
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1.0007,
        "volume": 53500,
        "typical_volume": 304154.75,
        "trend": 1.19019,
        "fair_value": 4.204148,
        "relative_strength": -33.845987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.911936,
        "energy": 50.264538,
        "activity_lines": [
          1.002567,
          1.016073,
          1.074862,
          1.131101
        ]
      },
      {
        "date": "2025-02-28",
        "close": 0.975,
        "volume": 104591,
        "typical_volume": 299115.7,
        "trend": 1.17969,
        "fair_value": 4.172176,
        "relative_strength": -32.42645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.487263,
        "energy": 43.878877,
        "activity_lines": [
          0.993853,
          1.005915,
          1.058797,
          1.117218
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1.01,
        "volume": 40669,
        "typical_volume": 259314.15,
        "trend": 1.173957,
        "fair_value": 4.141175,
        "relative_strength": -26.709677,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.467732,
        "energy": 39.1495,
        "activity_lines": [
          0.999473,
          1.003756,
          1.047565,
          1.10627
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1.01,
        "volume": 55949,
        "typical_volume": 235549.95,
        "trend": 1.165623,
        "fair_value": 4.110775,
        "relative_strength": -24.081191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.33605,
        "energy": 37.252908,
        "activity_lines": [
          1.00176,
          1.002507,
          1.037761,
          1.095692
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1.01,
        "volume": 69530,
        "typical_volume": 205011.05,
        "trend": 1.15729,
        "fair_value": 4.08096,
        "relative_strength": -23.374682,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.516805,
        "energy": 30.877726,
        "activity_lines": [
          1.004713,
          1.003076,
          1.030053,
          1.085652
        ]
      },
      {
        "date": "2025-03-28",
        "close": 0.98,
        "volume": 45501,
        "typical_volume": 186734.25,
        "trend": 1.146957,
        "fair_value": 4.051427,
        "relative_strength": -22.935934,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.439635,
        "energy": 34.006243,
        "activity_lines": [
          0.997667,
          0.9987,
          1.02106,
          1.074214
        ]
      },
      {
        "date": "2025-04-04",
        "close": 0.9501,
        "volume": 64552,
        "typical_volume": 170507.8,
        "trend": 1.13596,
        "fair_value": 4.022169,
        "relative_strength": -15.818567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.805161,
        "energy": 38.848552,
        "activity_lines": [
          0.982033,
          0.989796,
          1.01098,
          1.061514
        ]
      },
      {
        "date": "2025-04-11",
        "close": 0.899999,
        "volume": 73412,
        "typical_volume": 167937.15,
        "trend": 1.123627,
        "fair_value": 3.99299,
        "relative_strength": -24.65859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.980939,
        "energy": 48.443635,
        "activity_lines": [
          0.95136,
          0.972963,
          0.997486,
          1.04629
        ]
      },
      {
        "date": "2025-04-18",
        "close": 0.9,
        "volume": 49355,
        "typical_volume": 154808.65,
        "trend": 1.109293,
        "fair_value": 3.964351,
        "relative_strength": -21.80812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.275169,
        "energy": 57.942977,
        "activity_lines": [
          0.92802,
          0.957222,
          0.984991,
          1.031863
        ]
      },
      {
        "date": "2025-04-25",
        "close": 0.943357,
        "volume": 236275,
        "typical_volume": 142708.3,
        "trend": 1.096405,
        "fair_value": 3.936635,
        "relative_strength": -21.860976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.886829,
        "energy": 50.006421,
        "activity_lines": [
          0.926465,
          0.951545,
          0.97815,
          1.021157
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1.005,
        "volume": 74365,
        "typical_volume": 138817.4,
        "trend": 1.085239,
        "fair_value": 3.909984,
        "relative_strength": -18.159285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.628769,
        "energy": 35.282154,
        "activity_lines": [
          0.949902,
          0.958287,
          0.978211,
          1.01526
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1.0199,
        "volume": 58654,
        "typical_volume": 131279.45,
        "trend": 1.076235,
        "fair_value": 3.883947,
        "relative_strength": -15.306823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.868103,
        "energy": 17.885948,
        "activity_lines": [
          0.976638,
          0.967661,
          0.980144,
          1.011045
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1.03,
        "volume": 77391,
        "typical_volume": 128697.1,
        "trend": 1.066902,
        "fair_value": 3.858466,
        "relative_strength": -18.406909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.298216,
        "energy": 14.884007,
        "activity_lines": [
          1.002088,
          0.978054,
          0.983253,
          1.008062
        ]
      },
      {
        "date": "2025-05-23",
        "close": 0.9998,
        "volume": 48499,
        "typical_volume": 124412.55,
        "trend": 1.051895,
        "fair_value": 3.833168,
        "relative_strength": -17.190745,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.841505,
        "energy": 17.114953,
        "activity_lines": [
          1.008804,
          0.982593,
          0.983629,
          1.003733
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1.0174,
        "volume": 17607,
        "typical_volume": 78547.35,
        "trend": 1.041142,
        "fair_value": 3.808468,
        "relative_strength": -15.652257,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.656692,
        "energy": 12.085295,
        "activity_lines": [
          1.014733,
          0.990518,
          0.986206,
          1.001507
        ]
      },
      {
        "date": "2025-06-06",
        "close": 0.9664,
        "volume": 51438,
        "typical_volume": 77454.55,
        "trend": 1.028355,
        "fair_value": 3.783754,
        "relative_strength": -21.343753,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.68656,
        "energy": 9.885527,
        "activity_lines": [
          0.998727,
          0.989035,
          0.984024,
          0.996685
        ]
      },
      {
        "date": "2025-06-13",
        "close": 0.99,
        "volume": 54380,
        "typical_volume": 76612.55,
        "trend": 1.020189,
        "fair_value": 3.75967,
        "relative_strength": -18.708161,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.014456,
        "energy": 6.670093,
        "activity_lines": [
          0.99316,
          0.99209,
          0.984392,
          0.994211
        ]
      },
      {
        "date": "2025-06-20",
        "close": 0.968,
        "volume": 31203,
        "typical_volume": 71094.95,
        "trend": 1.015455,
        "fair_value": 3.73581,
        "relative_strength": -20.226543,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.772999,
        "energy": 14.376735,
        "activity_lines": [
          0.982253,
          0.99042,
          0.982784,
          0.990844
        ]
      },
      {
        "date": "2025-06-27",
        "close": 0.9697,
        "volume": 48456,
        "typical_volume": 70492.5,
        "trend": 1.007112,
        "fair_value": 3.712368,
        "relative_strength": -22.652738,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.778919,
        "energy": 17.275087,
        "activity_lines": [
          0.976047,
          0.987823,
          0.9813,
          0.987892
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1.01,
        "volume": 55709,
        "typical_volume": 65551.8,
        "trend": 1.002112,
        "fair_value": 3.689659,
        "relative_strength": -20.076409,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.220526,
        "energy": 10.594552,
        "activity_lines": [
          0.98528,
          0.991285,
          0.983894,
          0.988078
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1.0092,
        "volume": 66836,
        "typical_volume": 66218.6,
        "trend": 0.999085,
        "fair_value": 3.667322,
        "relative_strength": -19.259856,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.450648,
        "energy": 5.890448,
        "activity_lines": [
          0.99474,
          0.993391,
          0.986411,
          0.988535
        ]
      },
      {
        "date": "2025-07-18",
        "close": 0.93025,
        "volume": 40107,
        "typical_volume": 62994.4,
        "trend": 0.994594,
        "fair_value": 3.644702,
        "relative_strength": -25.827598,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.192576,
        "energy": 20.801413,
        "activity_lines": [
          0.97503,
          0.981065,
          0.981369,
          0.984094
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1.005,
        "volume": 115385,
        "typical_volume": 66730.2,
        "trend": 0.99276,
        "fair_value": 3.623065,
        "relative_strength": -19.894142,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.552836,
        "energy": 4.79549,
        "activity_lines": [
          0.98422,
          0.983961,
          0.983659,
          0.984766
        ]
      },
      {
        "date": "2025-08-01",
        "close": 0.986,
        "volume": 38204,
        "typical_volume": 65842.95,
        "trend": 0.988627,
        "fair_value": 3.601625,
        "relative_strength": -18.854015,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.434187,
        "energy": 9.655346,
        "activity_lines": [
          0.98461,
          0.983856,
          0.984163,
          0.984329
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.07,
        "volume": 181838,
        "typical_volume": 71458.35,
        "trend": 0.989694,
        "fair_value": 3.581209,
        "relative_strength": -14.527113,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.60989,
        "energy": 22.6633,
        "activity_lines": [
          1.011913,
          0.999275,
          0.992782,
          0.989579
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1.02,
        "volume": 88897,
        "typical_volume": 73628.15,
        "trend": 0.98936,
        "fair_value": 3.560719,
        "relative_strength": -18.265271,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.622806,
        "energy": 34.981281,
        "activity_lines": [
          1.01855,
          1.004647,
          0.996353,
          0.991535
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1.03,
        "volume": 30086,
        "typical_volume": 71904.85,
        "trend": 0.98986,
        "fair_value": 3.540634,
        "relative_strength": -16.062617,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 50.07449,
        "energy": 41.991618,
        "activity_lines": [
          1.0278,
          1.010863,
          1.000685,
          0.994157
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1.13,
        "volume": 303387,
        "typical_volume": 83403.6,
        "trend": 0.995527,
        "fair_value": 3.521653,
        "relative_strength": -7.04112,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.144693,
        "energy": 58.208845,
        "activity_lines": [
          1.063733,
          1.034533,
          1.014161,
          1.003198
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1.05,
        "volume": 37476,
        "typical_volume": 82809.65,
        "trend": 0.996527,
        "fair_value": 3.502343,
        "relative_strength": -13.656029,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 53.092636,
        "energy": 42.996838,
        "activity_lines": [
          1.064667,
          1.040712,
          1.018923,
          1.006712
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1.15,
        "volume": 98272,
        "typical_volume": 75909.5,
        "trend": 1.001194,
        "fair_value": 3.484108,
        "relative_strength": -6.522877,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 65.770914,
        "energy": 52.306928,
        "activity_lines": [
          1.094667,
          1.063613,
          1.032495,
          1.016614
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1.16,
        "volume": 50257,
        "typical_volume": 74704.1,
        "trend": 1.006504,
        "fair_value": 3.46623,
        "relative_strength": -6.99273,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.055195,
        "energy": 55.048078,
        "activity_lines": [
          1.122667,
          1.085786,
          1.046035,
          1.026859
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1.17,
        "volume": 42357,
        "typical_volume": 73889.25,
        "trend": 1.013004,
        "fair_value": 3.448702,
        "relative_strength": -5.080769,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.683868,
        "energy": 52.425876,
        "activity_lines": [
          1.144667,
          1.107036,
          1.059789,
          1.037407
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1.0,
        "volume": 189861,
        "typical_volume": 79512.75,
        "trend": 1.01267,
        "fair_value": 3.430151,
        "relative_strength": -19.008934,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.81712,
        "energy": 27.866774,
        "activity_lines": [
          1.100667,
          1.093018,
          1.056637,
          1.036568
        ]
      },
      {
        "date": "2025-10-10",
        "close": 0.9561,
        "volume": 115921,
        "typical_volume": 82883.85,
        "trend": 1.010874,
        "fair_value": 3.411549,
        "relative_strength": -20.010902,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 18.334649,
        "energy": 8.978778,
        "activity_lines": [
          1.0507,
          1.071109,
          1.049448,
          1.032919
        ]
      },
      {
        "date": "2025-10-17",
        "close": 0.946,
        "volume": 28453,
        "typical_volume": 83426.15,
        "trend": 1.00874,
        "fair_value": 3.393149,
        "relative_strength": -21.934687,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.923239,
        "energy": 13.246802,
        "activity_lines": [
          1.003627,
          1.047907,
          1.041505,
          1.028733
        ]
      },
      {
        "date": "2025-10-24",
        "close": 0.949,
        "volume": 35018,
        "typical_volume": 82605.15,
        "trend": 1.007707,
        "fair_value": 3.375044,
        "relative_strength": -22.31222,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.65715,
        "energy": 23.365158,
        "activity_lines": [
          0.971153,
          1.027505,
          1.034188,
          1.024879
        ]
      },
      {
        "date": "2025-10-31",
        "close": 0.95,
        "volume": 41238,
        "typical_volume": 81948.05,
        "trend": 1.007704,
        "fair_value": 3.357213,
        "relative_strength": -22.769607,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.190478,
        "energy": 24.935269,
        "activity_lines": [
          0.95308,
          1.008576,
          1.027048,
          1.021156
        ]
      },
      {
        "date": "2025-11-07",
        "close": 0.912,
        "volume": 13842,
        "typical_volume": 81080.0,
        "trend": 1.008104,
        "fair_value": 3.339365,
        "relative_strength": -22.637992,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.182607,
        "energy": 38.282683,
        "activity_lines": [
          0.937007,
          0.984193,
          1.01648,
          1.014982
        ]
      },
      {
        "date": "2025-11-14",
        "close": 0.97,
        "volume": 82549,
        "typical_volume": 82784.65,
        "trend": 1.010437,
        "fair_value": 3.322196,
        "relative_strength": -16.848818,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.426177,
        "energy": 29.473913,
        "activity_lines": [
          0.946133,
          0.974318,
          1.011703,
          1.012523
        ]
      },
      {
        "date": "2025-11-21",
        "close": 0.97,
        "volume": 28901,
        "typical_volume": 81444.25,
        "trend": 1.011325,
        "fair_value": 3.305273,
        "relative_strength": -13.713893,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -50.354571,
        "energy": 27.621559,
        "activity_lines": [
          0.954333,
          0.965898,
          1.006924,
          1.009915
        ]
      },
      {
        "date": "2025-11-28",
        "close": 0.8958,
        "volume": 38960,
        "typical_volume": 80050.45,
        "trend": 1.007685,
        "fair_value": 3.288063,
        "relative_strength": -23.326603,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.30339,
        "energy": 34.869357,
        "activity_lines": [
          0.9362,
          0.94726,
          0.995269,
          1.002461
        ]
      },
      {
        "date": "2025-12-05",
        "close": 0.95,
        "volume": 30909,
        "typical_volume": 79590.55,
        "trend": 1.005355,
        "fair_value": 3.271481,
        "relative_strength": -18.922043,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -49.780989,
        "energy": 27.032523,
        "activity_lines": [
          0.93968,
          0.94328,
          0.989316,
          0.99874
        ]
      },
      {
        "date": "2025-12-12",
        "close": 0.812035,
        "volume": 174731,
        "typical_volume": 82557.85,
        "trend": 0.99809,
        "fair_value": 3.254161,
        "relative_strength": -28.800914,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -67.741848,
        "energy": 47.82915,
        "activity_lines": [
          0.897172,
          0.918215,
          0.97013,
          0.986268
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1.0,
        "volume": 1601453,
        "typical_volume": 160720.3,
        "trend": 0.998096,
        "fair_value": 3.238397,
        "relative_strength": -12.405438,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -44.116731,
        "energy": 27.056203,
        "activity_lines": [
          0.923983,
          0.930744,
          0.969763,
          0.986391
        ]
      },
      {
        "date": "2025-12-26",
        "close": 0.9503,
        "volume": 54325,
        "typical_volume": 154344.65,
        "trend": 0.99586,
        "fair_value": 3.222508,
        "relative_strength": -17.334601,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.99556,
        "energy": 22.08052,
        "activity_lines": [
          0.932227,
          0.933438,
          0.964597,
          0.983307
        ]
      },
      {
        "date": "2026-01-02",
        "close": 0.965,
        "volume": 49514,
        "typical_volume": 152375.5,
        "trend": 0.995813,
        "fair_value": 3.206939,
        "relative_strength": -14.063551,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.354653,
        "energy": 16.987908,
        "activity_lines": [
          0.946685,
          0.938726,
          0.9614,
          0.981316
        ]
      },
      {
        "date": "2026-01-09",
        "close": 0.98,
        "volume": 99992,
        "typical_volume": 155870.8,
        "trend": 0.995479,
        "fair_value": 3.191686,
        "relative_strength": -14.167768,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.113846,
        "energy": 16.460063,
        "activity_lines": [
          0.961529,
          0.946451,
          0.959895,
          0.980296
        ]
      },
      {
        "date": "2026-01-16",
        "close": 0.91,
        "volume": 31535,
        "typical_volume": 142278.2,
        "trend": 0.993546,
        "fair_value": 3.176164,
        "relative_strength": -19.164095,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.51093,
        "energy": 15.639879,
        "activity_lines": [
          0.95104,
          0.940903,
          0.95196,
          0.974781
        ]
      },
      {
        "date": "2026-01-23",
        "close": 0.91,
        "volume": 50215,
        "typical_volume": 142915.15,
        "trend": 0.991556,
        "fair_value": 3.160852,
        "relative_strength": -18.953906,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.410342,
        "energy": 20.73105,
        "activity_lines": [
          0.93402,
          0.935392,
          0.945073,
          0.969391
        ]
      },
      {
        "date": "2026-01-30",
        "close": 0.9405,
        "volume": 183875,
        "typical_volume": 147195.3,
        "trend": 0.989239,
        "fair_value": 3.145951,
        "relative_strength": -15.822362,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.868028,
        "energy": 20.388051,
        "activity_lines": [
          0.933167,
          0.936516,
          0.941758,
          0.966097
        ]
      },
      {
        "date": "2026-02-06",
        "close": 0.9039,
        "volume": 27544,
        "typical_volume": 146059.65,
        "trend": 0.985729,
        "fair_value": 3.131004,
        "relative_strength": -17.052419,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.994358,
        "energy": 27.29765,
        "activity_lines": [
          0.920767,
          0.931523,
          0.935954,
          0.960591
        ]
      },
      {
        "date": "2026-02-13",
        "close": 0.889051,
        "volume": 3916,
        "typical_volume": 144137.6,
        "trend": 0.984356,
        "fair_value": 3.116156,
        "relative_strength": -17.00194,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.531023,
        "energy": 31.73738,
        "activity_lines": [
          0.90749,
          0.923683,
          0.929956,
          0.954354
        ]
      },
      {
        "date": "2026-02-20",
        "close": 0.8865,
        "volume": 6152,
        "typical_volume": 134952.15,
        "trend": 0.980406,
        "fair_value": 3.101487,
        "relative_strength": -17.771858,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.073604,
        "energy": 31.734916,
        "activity_lines": [
          0.899427,
          0.916487,
          0.925053,
          0.948041
        ]
      },
      {
        "date": "2026-02-27",
        "close": 0.9,
        "volume": 11041,
        "typical_volume": 129708.15,
        "trend": 0.97754,
        "fair_value": 3.087099,
        "relative_strength": -15.903136,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.401172,
        "energy": 30.835246,
        "activity_lines": [
          0.89743,
          0.910391,
          0.921976,
          0.942853
        ]
      },
      {
        "date": "2026-03-06",
        "close": 0.9601,
        "volume": 82643,
        "typical_volume": 132417.65,
        "trend": 0.973876,
        "fair_value": 3.073287,
        "relative_strength": -8.69798,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.921518,
        "energy": 18.070861,
        "activity_lines": [
          0.916133,
          0.917041,
          0.92489,
          0.941728
        ]
      },
      {
        "date": "2026-03-13",
        "close": 0.901,
        "volume": 9719,
        "typical_volume": 131152.7,
        "trend": 0.96991,
        "fair_value": 3.059272,
        "relative_strength": -12.875888,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.071047,
        "energy": 16.871249,
        "activity_lines": [
          0.91383,
          0.912767,
          0.922108,
          0.937026
        ]
      },
      {
        "date": "2026-03-20",
        "close": 0.864,
        "volume": 22092,
        "typical_volume": 130195.4,
        "trend": 0.964376,
        "fair_value": 3.0452,
        "relative_strength": -14.186357,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.851792,
        "energy": 25.479964,
        "activity_lines": [
          0.899387,
          0.90293,
          0.916031,
          0.930194
        ]
      },
      {
        "date": "2026-03-27",
        "close": 0.902,
        "volume": 16687,
        "typical_volume": 130337.65,
        "trend": 0.956776,
        "fair_value": 3.025213,
        "relative_strength": -6.912218,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.642271,
        "energy": 20.43493,
        "activity_lines": [
          0.89928,
          0.902111,
          0.913982,
          0.926169
        ]
      },
      {
        "date": "2026-04-03",
        "close": 0.86,
        "volume": 12603,
        "typical_volume": 126840.35,
        "trend": 0.950443,
        "fair_value": 3.005405,
        "relative_strength": -13.887088,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.546384,
        "energy": 38.226573,
        "activity_lines": [
          0.88414,
          0.893801,
          0.907981,
          0.919926
        ]
      },
      {
        "date": "2026-04-10",
        "close": 0.99,
        "volume": 69603,
        "typical_volume": 128875.45,
        "trend": 0.94511,
        "fair_value": 2.982905,
        "relative_strength": -4.705227,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.806476,
        "energy": 8.276774,
        "activity_lines": [
          0.915,
          0.910036,
          0.914885,
          0.922478
        ]
      },
      {
        "date": "2026-04-17",
        "close": 0.9,
        "volume": 10328,
        "typical_volume": 127443.85,
        "trend": 0.936443,
        "fair_value": 2.962713,
        "relative_strength": -17.809014,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.659075,
        "energy": 13.163872,
        "activity_lines": [
          0.913867,
          0.909008,
          0.913123,
          0.919568
        ]
      },
      {
        "date": "2026-04-24",
        "close": 0.8901,
        "volume": 220339,
        "typical_volume": 136915.35,
        "trend": 0.927113,
        "fair_value": 2.942072,
        "relative_strength": -19.859811,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.633476,
        "energy": 13.423783,
        "activity_lines": [
          0.9095,
          0.906251,
          0.910397,
          0.916578
        ]
      },
      {
        "date": "2026-05-01",
        "close": 0.9215,
        "volume": 24572,
        "typical_volume": 129407.4,
        "trend": 0.924496,
        "fair_value": 2.921761,
        "relative_strength": -17.637119,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.798765,
        "energy": 13.02693,
        "activity_lines": [
          0.91386,
          0.909184,
          0.910947,
          0.916216
        ]
      },
      {
        "date": "2026-05-08",
        "close": 0.8799,
        "volume": 27688,
        "typical_volume": 50719.15,
        "trend": 0.921956,
        "fair_value": 2.87644,
        "relative_strength": -24.704524,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.069784,
        "energy": 20.19715,
        "activity_lines": [
          0.903053,
          0.903916,
          0.907014,
          0.913338
        ]
      },
      {
        "date": "2026-05-15",
        "close": 0.92,
        "volume": 33535,
        "typical_volume": 49679.65,
        "trend": 0.92109,
        "fair_value": 2.843812,
        "relative_strength": -20.379664,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.15438,
        "energy": 15.358857,
        "activity_lines": [
          0.904287,
          0.906305,
          0.907472,
          0.913212
        ]
      },
      {
        "date": "2026-05-22",
        "close": 0.9462,
        "volume": 145381,
        "typical_volume": 54473.0,
        "trend": 0.920996,
        "fair_value": 2.802698,
        "relative_strength": -18.4677,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.756068,
        "energy": 5.559688,
        "activity_lines": [
          0.91892,
          0.914187,
          0.910569,
          0.914832
        ]
      },
      {
        "date": "2026-05-29",
        "close": 0.93,
        "volume": 14177,
        "typical_volume": 50182.25,
        "trend": 0.92033,
        "fair_value": 2.747057,
        "relative_strength": -21.457277,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.829488,
        "energy": 6.715103,
        "activity_lines": [
          0.925073,
          0.918302,
          0.912213,
          0.915413
        ]
      },
      {
        "date": "2026-06-05",
        "close": 0.8601,
        "volume": 21812,
        "typical_volume": 49696.1,
        "trend": 0.9186,
        "fair_value": 2.691929,
        "relative_strength": -23.374086,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.295193,
        "energy": 13.33524,
        "activity_lines": [
          0.905267,
          0.908507,
          0.907438,
          0.911527
        ]
      },
      {
        "date": "2026-06-12",
        "close": 0.9036,
        "volume": 417335,
        "typical_volume": 68052.1,
        "trend": 0.916386,
        "fair_value": 2.648555,
        "relative_strength": -20.709275,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.716162,
        "energy": 10.411015,
        "activity_lines": [
          0.904053,
          0.907384,
          0.907044,
          0.91056
        ]
      },
      {
        "date": "2026-06-19",
        "close": 0.8508,
        "volume": 23165,
        "typical_volume": 60016.6,
        "trend": 0.912413,
        "fair_value": 2.607022,
        "relative_strength": -26.665178,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.47211,
        "energy": 29.955198,
        "activity_lines": [
          0.88366,
          0.895867,
          0.901651,
          0.906328
        ]
      },
      {
        "date": "2026-06-26",
        "close": 0.9,
        "volume": 252666,
        "typical_volume": 71272.7,
        "trend": 0.912553,
        "fair_value": 2.554009,
        "relative_strength": -18.266698,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -41.958711,
        "energy": 24.24398,
        "activity_lines": [
          0.88428,
          0.895827,
          0.901371,
          0.905527
        ]
      },
      {
        "date": "2026-07-03",
        "close": 0.8916,
        "volume": 18604,
        "typical_volume": 72007.1,
        "trend": 0.910606,
        "fair_value": 2.494917,
        "relative_strength": -19.150438,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -41.978244,
        "energy": 23.042502,
        "activity_lines": [
          0.88518,
          0.89426,
          0.90031,
          0.904176
        ]
      },
      {
        "date": "2026-07-10",
        "close": 0.71,
        "volume": 38024,
        "typical_volume": 73600.7,
        "trend": 0.907205,
        "fair_value": 2.457673,
        "relative_strength": -36.089078,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -71.074239,
        "energy": 53.819339,
        "activity_lines": [
          0.828107,
          0.859647,
          0.881941,
          0.891233
        ]
      },
      {
        "date": "2026-07-17",
        "close": 0.7975,
        "volume": 102407,
        "typical_volume": 78169.0,
        "trend": 0.900455,
        "fair_value": 2.430478,
        "relative_strength": -24.60774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.935785,
        "energy": 46.770995,
        "activity_lines": [
          0.810207,
          0.844789,
          0.872747,
          0.884156
        ]
      },
      {
        "date": "2026-07-24",
        "close": 0.7001,
        "volume": 242166,
        "typical_volume": 86145.15,
        "trend": 0.892115,
        "fair_value": 2.396311,
        "relative_strength": -32.091308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.002226,
        "energy": 61.839628,
        "activity_lines": [
          0.766913,
          0.81372,
          0.854764,
          0.871229
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.01,
        "volume": 196124,
        "typical_volume": 95465.4,
        "trend": 0.893615,
        "fair_value": 2.365222,
        "relative_strength": -2.168945,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.178961,
        "energy": 24.622102,
        "activity_lines": [
          0.836967,
          0.842995,
          0.867533,
          0.878835
        ]
      },
      {
        "date": "2026-08-07",
        "close": 0.8891,
        "volume": 111065,
        "typical_volume": 99914.05,
        "trend": 0.890585,
        "fair_value": 2.340344,
        "relative_strength": -17.376093,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.99135,
        "energy": 11.972993,
        "activity_lines": [
          0.859387,
          0.849127,
          0.86827,
          0.878544
        ]
      }
    ],
    "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."
    }
  }
}