{
  "ticker": {
    "uuid": "d6c16b1e-946c-45c9-b360-2f575bb4f42f",
    "symbol": "CFISH",
    "name": "Crunchfish AB (publ)",
    "exchange": "STO",
    "country": "SE",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^OMX",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -66.519,
    "architecture_energy": 64.638,
    "architecture_maturity": 21.052,
    "architecture_confidence": 92.755,
    "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": 17.07,
        "rotation_up": 13.91,
        "upward_expansion": 14.18,
        "deceleration": 38.1,
        "rotation_down": 70.02,
        "downward_expansion": 92.18
      },
      "activity_lines": [
        2.268,
        2.363182,
        2.5705,
        2.650903
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 2.21,
    "trend_reference": 2.722167,
    "distance_from_trend": -0.188147,
    "trend_direction": "Weakening",
    "fair_value": 4.432207,
    "distance_from_fair_value": -0.501377,
    "fair_value_direction": "Improving",
    "relative_strength": -32.700495,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.129921,
    "excess_performance": -0.191416,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.188147,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.025826,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.501377,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.034047,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.327005,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.195741,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.129921,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.621709,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 186639,
      "relative_activity": 0.26829,
      "balance": 0.621709,
      "dry_up": 0.377861,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.160111,
      "annualized_volatility": 0.558347,
      "from_high_reference": -0.552178,
      "from_low_reference": 0.096774
    },
    "levels": {
      "trend_reference": 2.722167,
      "fair_value_reference": 4.432207,
      "structural_low": 2.015,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 31,
        "median_return": -0.077763,
        "positive_rate": 0.387097,
        "directional_follow_through": 0.612903,
        "median_excess_return": -0.087631,
        "regime_survival": 0.806452,
        "best_return": 1.405498,
        "worst_return": -0.633827,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.188235,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.545455,
        "median_excess_return": -0.14272,
        "regime_survival": 0.636364,
        "best_return": 4.329949,
        "worst_return": -0.757717,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.059929,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.076525,
        "regime_survival": 0.428571,
        "best_return": 3.771574,
        "worst_return": -0.833404,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.290466,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.231148,
        "regime_survival": 0.0,
        "best_return": -0.205074,
        "worst_return": -0.661863,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-14",
        "end": "2024-08-16",
        "tenure": "Developing",
        "return": -0.297802,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-23",
        "end": "2024-09-13",
        "tenure": "New",
        "return": -0.229091,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-20",
        "end": "2025-05-02",
        "tenure": "Extended",
        "return": -0.815433,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.470588,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-06-06",
        "tenure": "New",
        "return": 0.809524,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": -0.121429,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-22",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": -0.279101,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-28",
        "end": "2025-12-12",
        "tenure": "New",
        "return": -0.265271,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-19",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": 0.335731,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.309353,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-05-22",
        "tenure": "New",
        "return": -0.056667,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": -0.080357,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-03",
        "end": "2026-07-17",
        "tenure": "New",
        "return": -0.008163,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.055556,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 20.389057,
        "volume": 203735,
        "typical_volume": 300502.05,
        "trend": 26.892418,
        "fair_value": 23.916368,
        "relative_strength": -8.656956,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.79795,
        "energy": 52.555983,
        "activity_lines": [
          22.122289,
          23.640308,
          25.336271,
          25.855531
        ]
      },
      {
        "date": "2023-08-25",
        "close": 14.75036,
        "volume": 606616,
        "typical_volume": 317358.6,
        "trend": 26.413096,
        "fair_value": 23.925936,
        "relative_strength": -34.010041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.95393,
        "energy": 71.395315,
        "activity_lines": [
          19.546829,
          21.662596,
          24.310315,
          25.072172
        ]
      },
      {
        "date": "2023-09-01",
        "close": 17.833109,
        "volume": 292370,
        "typical_volume": 323587.2,
        "trend": 25.972146,
        "fair_value": 23.957204,
        "relative_strength": -21.765472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.569834,
        "energy": 72.608777,
        "activity_lines": [
          18.511443,
          20.584699,
          23.635464,
          24.518625
        ]
      },
      {
        "date": "2023-09-08",
        "close": 16.096622,
        "volume": 260213,
        "typical_volume": 293551.4,
        "trend": 25.447949,
        "fair_value": 23.961644,
        "relative_strength": -28.939175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.115912,
        "energy": 76.501225,
        "activity_lines": [
          17.292001,
          19.465474,
          22.838298,
          23.881494
        ]
      },
      {
        "date": "2023-09-15",
        "close": 13.872363,
        "volume": 1019699,
        "typical_volume": 333476.15,
        "trend": 24.995292,
        "fair_value": 23.953639,
        "relative_strength": -39.062095,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.206941,
        "energy": 79.76577,
        "activity_lines": [
          15.80916,
          18.154685,
          21.857403,
          23.134682
        ]
      },
      {
        "date": "2023-09-22",
        "close": 8.57511,
        "volume": 1536677,
        "typical_volume": 402834.35,
        "trend": 24.358256,
        "fair_value": 23.927562,
        "relative_strength": -61.481155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.059472,
        "energy": 85.055425,
        "activity_lines": [
          13.138096,
          16.082611,
          20.410008,
          22.075315
        ]
      },
      {
        "date": "2023-09-29",
        "close": 7.931245,
        "volume": 721614,
        "typical_volume": 430736.1,
        "trend": 23.355063,
        "fair_value": 23.896169,
        "relative_strength": -63.902661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.213567,
        "energy": 91.695306,
        "activity_lines": [
          11.040007,
          14.188087,
          18.967072,
          21.015508
        ]
      },
      {
        "date": "2023-10-06",
        "close": 7.638579,
        "volume": 285128,
        "typical_volume": 436259.15,
        "trend": 22.519014,
        "fair_value": 23.86115,
        "relative_strength": -64.940649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.286384,
        "energy": 91.490118,
        "activity_lines": [
          9.29897,
          12.504105,
          17.558373,
          20.001542
        ]
      },
      {
        "date": "2023-10-13",
        "close": 8.49,
        "volume": 247415,
        "typical_volume": 436039.25,
        "trend": 21.917512,
        "fair_value": 23.831588,
        "relative_strength": -61.412807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.508322,
        "energy": 87.964984,
        "activity_lines": [
          8.521376,
          11.267948,
          16.299376,
          19.096444
        ]
      },
      {
        "date": "2023-10-20",
        "close": 6.58,
        "volume": 506693,
        "typical_volume": 426035.6,
        "trend": 21.282912,
        "fair_value": 23.796223,
        "relative_strength": -68.184533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.697813,
        "energy": 89.353102,
        "activity_lines": [
          7.614222,
          9.953189,
          14.93279,
          18.106927
        ]
      },
      {
        "date": "2023-10-27",
        "close": 6.26,
        "volume": 450327,
        "typical_volume": 425572.6,
        "trend": 20.616182,
        "fair_value": 23.764435,
        "relative_strength": -69.055272,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.746662,
        "energy": 86.780301,
        "activity_lines": [
          7.08656,
          8.870345,
          13.658856,
          17.137707
        ]
      },
      {
        "date": "2023-11-03",
        "close": 6.89,
        "volume": 347047,
        "typical_volume": 430068.05,
        "trend": 19.951592,
        "fair_value": 23.722991,
        "relative_strength": -66.919493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.680568,
        "energy": 66.262456,
        "activity_lines": [
          6.923239,
          8.158938,
          12.58026,
          16.252147
        ]
      },
      {
        "date": "2023-11-10",
        "close": 6.8,
        "volume": 179018,
        "typical_volume": 430206.6,
        "trend": 19.282376,
        "fair_value": 23.677781,
        "relative_strength": -66.937425,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.736768,
        "energy": 64.732289,
        "activity_lines": [
          6.799333,
          7.574083,
          11.619391,
          15.403657
        ]
      },
      {
        "date": "2023-11-17",
        "close": 7.65,
        "volume": 151514,
        "typical_volume": 382835.45,
        "trend": 18.804085,
        "fair_value": 23.643459,
        "relative_strength": -63.937359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.331747,
        "energy": 61.861667,
        "activity_lines": [
          7.014667,
          7.344375,
          10.863879,
          14.653181
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4.49,
        "volume": 1048077,
        "typical_volume": 423026.5,
        "trend": 18.225339,
        "fair_value": 23.590758,
        "relative_strength": -78.799886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.587299,
        "energy": 67.490539,
        "activity_lines": [
          6.232667,
          6.693697,
          9.903383,
          13.729692
        ]
      },
      {
        "date": "2023-12-01",
        "close": 4.43,
        "volume": 998630,
        "typical_volume": 468152.55,
        "trend": 17.626708,
        "fair_value": 23.536921,
        "relative_strength": -78.950862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.565745,
        "energy": 70.666382,
        "activity_lines": [
          5.57,
          6.202698,
          9.034715,
          12.83967
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.26,
        "volume": 1089671,
        "typical_volume": 513708.05,
        "trend": 17.069561,
        "fair_value": 23.480244,
        "relative_strength": -80.056527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.246635,
        "energy": 82.797255,
        "activity_lines": [
          4.972667,
          5.756156,
          8.246758,
          11.977302
        ]
      },
      {
        "date": "2023-12-15",
        "close": 5.91,
        "volume": 7581291,
        "typical_volume": 887001.65,
        "trend": 16.531645,
        "fair_value": 23.427889,
        "relative_strength": -72.877089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.247664,
        "energy": 75.746405,
        "activity_lines": [
          5.100667,
          5.676364,
          7.702504,
          11.25733
        ]
      },
      {
        "date": "2023-12-22",
        "close": 6.27,
        "volume": 1684117,
        "typical_volume": 965392.05,
        "trend": 15.93744,
        "fair_value": 23.379844,
        "relative_strength": -70.835869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.918015,
        "energy": 69.639801,
        "activity_lines": [
          5.408,
          5.693455,
          7.27751,
          10.595288
        ]
      },
      {
        "date": "2023-12-29",
        "close": 7.0,
        "volume": 755928,
        "typical_volume": 998289.0,
        "trend": 15.089535,
        "fair_value": 23.32541,
        "relative_strength": -67.265686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.746187,
        "energy": 53.1078,
        "activity_lines": [
          6.050667,
          5.883636,
          7.002978,
          10.018679
        ]
      },
      {
        "date": "2024-01-05",
        "close": 6.8,
        "volume": 589343,
        "typical_volume": 1017569.4,
        "trend": 14.160171,
        "fair_value": 23.275196,
        "relative_strength": -66.970095,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.505698,
        "energy": 39.783525,
        "activity_lines": [
          6.459333,
          6.029818,
          6.783376,
          9.483871
        ]
      },
      {
        "date": "2024-01-12",
        "close": 6.54,
        "volume": 641706,
        "typical_volume": 1019323.9,
        "trend": 13.264415,
        "fair_value": 23.225943,
        "relative_strength": -68.050614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.338847,
        "energy": 33.034725,
        "activity_lines": [
          6.623333,
          6.118909,
          6.603722,
          8.992247
        ]
      },
      {
        "date": "2024-01-19",
        "close": 6.67,
        "volume": 310587,
        "typical_volume": 1020234.75,
        "trend": 12.389251,
        "fair_value": 23.16389,
        "relative_strength": -65.977915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.84935,
        "energy": 28.538316,
        "activity_lines": [
          6.678667,
          6.238,
          6.475545,
          8.5668
        ]
      },
      {
        "date": "2024-01-26",
        "close": 5.42,
        "volume": 531094,
        "typical_volume": 1033778.8,
        "trend": 11.643143,
        "fair_value": 23.087633,
        "relative_strength": -72.51619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.857429,
        "energy": 35.356286,
        "activity_lines": [
          6.266667,
          6.132182,
          6.281479,
          8.117171
        ]
      },
      {
        "date": "2024-02-02",
        "close": 5.99,
        "volume": 627651,
        "typical_volume": 1014176.4,
        "trend": 11.010338,
        "fair_value": 23.002335,
        "relative_strength": -68.803541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.10076,
        "energy": 35.782622,
        "activity_lines": [
          6.101333,
          6.170545,
          6.19254,
          7.752452
        ]
      },
      {
        "date": "2024-02-09",
        "close": 5.52,
        "volume": 548510,
        "typical_volume": 964768.05,
        "trend": 10.36837,
        "fair_value": 22.925156,
        "relative_strength": -70.206265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.164744,
        "energy": 37.735524,
        "activity_lines": [
          5.846667,
          6.096182,
          6.096373,
          7.398237
        ]
      },
      {
        "date": "2024-02-16",
        "close": 4.83,
        "volume": 835718,
        "typical_volume": 970473.25,
        "trend": 9.781446,
        "fair_value": 22.821666,
        "relative_strength": -73.891735,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.487624,
        "energy": 42.343138,
        "activity_lines": [
          5.447333,
          5.876545,
          5.949041,
          7.040923
        ]
      },
      {
        "date": "2024-02-23",
        "close": 4.87,
        "volume": 127378,
        "typical_volume": 962585.75,
        "trend": 9.151955,
        "fair_value": 22.690417,
        "relative_strength": -73.255859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.449304,
        "energy": 43.029097,
        "activity_lines": [
          5.175333,
          5.653818,
          5.820286,
          6.724055
        ]
      },
      {
        "date": "2024-03-01",
        "close": 4.0,
        "volume": 719501,
        "typical_volume": 986190.05,
        "trend": 8.509724,
        "fair_value": 22.506565,
        "relative_strength": -77.378342,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.29056,
        "energy": 52.058132,
        "activity_lines": [
          4.733333,
          5.291818,
          5.621857,
          6.391671
        ]
      },
      {
        "date": "2024-03-08",
        "close": 5.1,
        "volume": 813323,
        "typical_volume": 1001521.55,
        "trend": 7.928548,
        "fair_value": 22.313129,
        "relative_strength": -70.442376,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.034894,
        "energy": 42.960352,
        "activity_lines": [
          4.752667,
          5.171091,
          5.549571,
          6.171689
        ]
      },
      {
        "date": "2024-03-15",
        "close": 5.74,
        "volume": 790749,
        "typical_volume": 1018542.65,
        "trend": 7.440246,
        "fair_value": 22.131425,
        "relative_strength": -66.362178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.158345,
        "energy": 38.213598,
        "activity_lines": [
          5.044667,
          5.201273,
          5.545286,
          6.030492
        ]
      },
      {
        "date": "2024-03-22",
        "close": 7.63,
        "volume": 907604,
        "typical_volume": 1046570.5,
        "trend": 7.202901,
        "fair_value": 21.963587,
        "relative_strength": -54.085058,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.917649,
        "energy": 6.517559,
        "activity_lines": [
          5.952,
          5.594364,
          5.723476,
          6.042735
        ]
      },
      {
        "date": "2024-03-29",
        "close": 7.98,
        "volume": 233872,
        "typical_volume": 1049313.2,
        "trend": 6.874464,
        "fair_value": 21.748965,
        "relative_strength": -50.41584,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 11.095405,
        "energy": 22.684024,
        "activity_lines": [
          6.789333,
          6.031273,
          5.931476,
          6.09287
        ]
      },
      {
        "date": "2024-04-05",
        "close": 7.73,
        "volume": 188858,
        "typical_volume": 1051180.4,
        "trend": 6.595577,
        "fair_value": 21.482713,
        "relative_strength": -50.337033,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.269302,
        "energy": 36.379381,
        "activity_lines": [
          7.336,
          6.398909,
          6.110048,
          6.148066
        ]
      },
      {
        "date": "2024-04-12",
        "close": 9.7,
        "volume": 1696386,
        "typical_volume": 1083595.85,
        "trend": 6.456498,
        "fair_value": 21.159674,
        "relative_strength": -36.13816,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 51.84317,
        "energy": 62.454667,
        "activity_lines": [
          8.290667,
          7.082727,
          6.475857,
          6.348351
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8.84,
        "volume": 550345,
        "typical_volume": 1061181.6,
        "trend": 6.465327,
        "fair_value": 20.886153,
        "relative_strength": -40.503561,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 65.032239,
        "energy": 70.892007,
        "activity_lines": [
          8.652,
          7.542727,
          6.734952,
          6.502126
        ]
      },
      {
        "date": "2024-04-26",
        "close": 10.52,
        "volume": 233999,
        "typical_volume": 1018398.0,
        "trend": 6.551619,
        "fair_value": 20.427041,
        "relative_strength": -29.477894,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.088374,
        "energy": 78.096141,
        "activity_lines": [
          9.366667,
          8.247818,
          7.133048,
          6.763717
        ]
      },
      {
        "date": "2024-05-03",
        "close": 9.64,
        "volume": 320537,
        "typical_volume": 655360.3,
        "trend": 6.618333,
        "fair_value": 19.942276,
        "relative_strength": -33.571287,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.933211,
        "energy": 70.064945,
        "activity_lines": [
          9.595333,
          8.689455,
          7.417524,
          6.962968
        ]
      },
      {
        "date": "2024-05-10",
        "close": 9.66,
        "volume": 198449,
        "typical_volume": 581076.9,
        "trend": 6.657333,
        "fair_value": 19.583335,
        "relative_strength": -34.397662,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.144183,
        "energy": 59.597234,
        "activity_lines": [
          9.72,
          9.048,
          7.686143,
          7.159204
        ]
      },
      {
        "date": "2024-05-17",
        "close": 9.66,
        "volume": 293165,
        "typical_volume": 557938.75,
        "trend": 6.76,
        "fair_value": 19.216891,
        "relative_strength": -32.376033,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.223984,
        "energy": 53.416668,
        "activity_lines": [
          9.716,
          9.303636,
          7.938619,
          7.352925
        ]
      },
      {
        "date": "2024-05-24",
        "close": 8.41,
        "volume": 455918,
        "typical_volume": 551267.5,
        "trend": 6.831667,
        "fair_value": 18.876202,
        "relative_strength": -40.073205,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.53242,
        "energy": 35.713495,
        "activity_lines": [
          9.298,
          9.249091,
          8.059381,
          7.459376
        ]
      },
      {
        "date": "2024-05-31",
        "close": 9.55,
        "volume": 337557,
        "typical_volume": 536060.05,
        "trend": 6.920333,
        "fair_value": 18.657261,
        "relative_strength": -28.730185,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.123039,
        "energy": 30.093492,
        "activity_lines": [
          9.288667,
          9.353273,
          8.281048,
          7.634753
        ]
      },
      {
        "date": "2024-06-07",
        "close": 9.2,
        "volume": 173611,
        "typical_volume": 529211.25,
        "trend": 7.000333,
        "fair_value": 18.427322,
        "relative_strength": -28.775343,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.524835,
        "energy": 25.282105,
        "activity_lines": [
          9.227333,
          9.358909,
          8.455048,
          7.781828
        ]
      },
      {
        "date": "2024-06-14",
        "close": 9.1,
        "volume": 203520,
        "typical_volume": 512832.55,
        "trend": 7.048667,
        "fair_value": 18.224257,
        "relative_strength": -24.656504,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.22501,
        "energy": 21.600338,
        "activity_lines": [
          9.162,
          9.324182,
          8.607476,
          7.91729
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8.78,
        "volume": 55007,
        "typical_volume": 484200.35,
        "trend": 7.191667,
        "fair_value": 18.009761,
        "relative_strength": -24.1484,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.510573,
        "energy": 21.707754,
        "activity_lines": [
          9.027333,
          9.206364,
          8.711905,
          8.028989
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8.55,
        "volume": 191599,
        "typical_volume": 466354.8,
        "trend": 7.329,
        "fair_value": 17.761584,
        "relative_strength": -23.149322,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.475904,
        "energy": 17.052826,
        "activity_lines": [
          8.874667,
          9.063455,
          8.781143,
          8.116624
        ]
      },
      {
        "date": "2024-07-05",
        "close": 9.52,
        "volume": 286614,
        "typical_volume": 438899.6,
        "trend": 7.504333,
        "fair_value": 17.537135,
        "relative_strength": -11.077718,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.955988,
        "energy": 19.708236,
        "activity_lines": [
          9.036,
          9.102182,
          8.928333,
          8.257978
        ]
      },
      {
        "date": "2024-07-12",
        "close": 8.8,
        "volume": 263698,
        "typical_volume": 445715.6,
        "trend": 7.600667,
        "fair_value": 17.328395,
        "relative_strength": -17.198524,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.394409,
        "energy": 16.203827,
        "activity_lines": [
          8.959333,
          9.028182,
          8.984619,
          8.34157
        ]
      },
      {
        "date": "2024-07-19",
        "close": 8.16,
        "volume": 180443,
        "typical_volume": 418762.7,
        "trend": 7.663667,
        "fair_value": 17.095229,
        "relative_strength": -18.761145,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.684405,
        "energy": 9.147299,
        "activity_lines": [
          8.696,
          8.853091,
          8.961238,
          8.377656
        ]
      },
      {
        "date": "2024-07-26",
        "close": 7.82,
        "volume": 92177,
        "typical_volume": 382705.4,
        "trend": 7.691,
        "fair_value": 16.858632,
        "relative_strength": -19.413795,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.370235,
        "energy": 7.385596,
        "activity_lines": [
          8.382,
          8.643455,
          8.885667,
          8.387742
        ]
      },
      {
        "date": "2024-08-02",
        "close": 7.64,
        "volume": 97160,
        "typical_volume": 348025.95,
        "trend": 7.719,
        "fair_value": 16.649335,
        "relative_strength": -14.452818,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -0.125566,
        "energy": 16.044973,
        "activity_lines": [
          8.072,
          8.434545,
          8.78,
          8.384452
        ]
      },
      {
        "date": "2024-08-09",
        "close": 7.62,
        "volume": 200994,
        "typical_volume": 312695.45,
        "trend": 7.755,
        "fair_value": 16.438659,
        "relative_strength": -11.015363,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -0.181965,
        "energy": 23.34585,
        "activity_lines": [
          7.816,
          8.236,
          8.663381,
          8.378065
        ]
      },
      {
        "date": "2024-08-16",
        "close": 6.39,
        "volume": 234534,
        "typical_volume": 312728.55,
        "trend": 7.745667,
        "fair_value": 16.250741,
        "relative_strength": -24.670639,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.65545,
        "energy": 48.010134,
        "activity_lines": [
          7.276667,
          7.848909,
          8.429667,
          8.29
        ]
      },
      {
        "date": "2024-08-23",
        "close": 5.5,
        "volume": 392074,
        "typical_volume": 322889.35,
        "trend": 7.748333,
        "fair_value": 16.115275,
        "relative_strength": -34.039231,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.798664,
        "energy": 66.802552,
        "activity_lines": [
          6.601333,
          7.351091,
          8.118762,
          8.145118
        ]
      },
      {
        "date": "2024-08-30",
        "close": 4.8,
        "volume": 531322,
        "typical_volume": 264636.15,
        "trend": 7.708667,
        "fair_value": 15.985954,
        "relative_strength": -41.053052,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -57.168972,
        "energy": 74.764353,
        "activity_lines": [
          5.87,
          6.791455,
          7.75181,
          7.954903
        ]
      },
      {
        "date": "2024-09-06",
        "close": 4.705,
        "volume": 553904,
        "typical_volume": 264814.1,
        "trend": 7.6815,
        "fair_value": 15.861339,
        "relative_strength": -37.432513,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.917791,
        "energy": 77.403361,
        "activity_lines": [
          5.308333,
          6.286909,
          7.399143,
          7.761118
        ]
      },
      {
        "date": "2024-09-13",
        "close": 4.24,
        "volume": 209432,
        "typical_volume": 263585.75,
        "trend": 7.661833,
        "fair_value": 15.747501,
        "relative_strength": -42.922379,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -78.798262,
        "energy": 89.914019,
        "activity_lines": [
          4.787333,
          5.767727,
          7.021881,
          7.539086
        ]
      },
      {
        "date": "2024-09-20",
        "close": 4.73,
        "volume": 167178,
        "typical_volume": 255917.8,
        "trend": 7.657167,
        "fair_value": 15.63868,
        "relative_strength": -36.780282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.013653,
        "energy": 84.404025,
        "activity_lines": [
          4.655,
          5.433636,
          6.72119,
          7.349935
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1.962,
        "volume": 1978860,
        "typical_volume": 344938.35,
        "trend": 7.589233,
        "fair_value": 15.518682,
        "relative_strength": -73.866929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.868532,
        "energy": 93.62689,
        "activity_lines": [
          3.710667,
          4.670273,
          6.180262,
          6.982505
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2.295,
        "volume": 458713,
        "typical_volume": 353215.75,
        "trend": 7.495733,
        "fair_value": 15.393314,
        "relative_strength": -68.444458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.806069,
        "energy": 90.827956,
        "activity_lines": [
          3.1132,
          4.080145,
          5.707705,
          6.640942
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1.858,
        "volume": 571471,
        "typical_volume": 358993.4,
        "trend": 7.366333,
        "fair_value": 15.255139,
        "relative_strength": -73.732914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.491053,
        "energy": 90.892663,
        "activity_lines": [
          2.537067,
          3.511018,
          5.2286,
          6.277217
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1.732,
        "volume": 260213,
        "typical_volume": 355126.2,
        "trend": 7.169733,
        "fair_value": 15.128977,
        "relative_strength": -75.129385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.876509,
        "energy": 90.503997,
        "activity_lines": [
          2.108733,
          3.024109,
          4.768695,
          5.913712
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1.58288,
        "volume": 232709,
        "typical_volume": 358081.1,
        "trend": 6.956496,
        "fair_value": 14.995917,
        "relative_strength": -76.847661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.835591,
        "energy": 88.885312,
        "activity_lines": [
          1.797893,
          2.617142,
          4.331817,
          5.55327
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1.498,
        "volume": 1317476,
        "typical_volume": 413778.9,
        "trend": 6.748763,
        "fair_value": 14.874821,
        "relative_strength": -77.350481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.769561,
        "energy": 82.174633,
        "activity_lines": [
          1.668568,
          2.282144,
          3.923127,
          5.201109
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1.5,
        "volume": 644720,
        "typical_volume": 443264.55,
        "trend": 6.475429,
        "fair_value": 14.751548,
        "relative_strength": -76.881917,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.693661,
        "energy": 74.426887,
        "activity_lines": [
          1.570843,
          2.020273,
          3.550828,
          4.862479
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1.466,
        "volume": 469580,
        "typical_volume": 457163.6,
        "trend": 6.229629,
        "fair_value": 14.631185,
        "relative_strength": -76.450049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.01634,
        "energy": 67.12219,
        "activity_lines": [
          1.514784,
          1.812221,
          3.209957,
          4.53929
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1.29,
        "volume": 318576,
        "typical_volume": 458761.7,
        "trend": 5.921963,
        "fair_value": 14.531142,
        "relative_strength": -79.067593,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.467863,
        "energy": 67.742813,
        "activity_lines": [
          1.426192,
          1.63106,
          2.886058,
          4.220604
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1.15,
        "volume": 960047,
        "typical_volume": 493579.15,
        "trend": 5.638963,
        "fair_value": 14.446587,
        "relative_strength": -81.113552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.797738,
        "energy": 75.110444,
        "activity_lines": [
          1.3204,
          1.47808,
          2.588015,
          3.912735
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1.748,
        "volume": 995061,
        "typical_volume": 534310.05,
        "trend": 5.375229,
        "fair_value": 14.345854,
        "relative_strength": -72.13579,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.412689,
        "energy": 63.884351,
        "activity_lines": [
          1.4428,
          1.498919,
          2.383354,
          3.661706
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1.352,
        "volume": 1839968,
        "typical_volume": 621699.6,
        "trend": 5.098296,
        "fair_value": 14.254339,
        "relative_strength": -77.610423,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.570766,
        "energy": 62.880127,
        "activity_lines": [
          1.416533,
          1.451648,
          2.171512,
          3.402142
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1.146,
        "volume": 1485675,
        "typical_volume": 691125.35,
        "trend": 4.856163,
        "fair_value": 14.120042,
        "relative_strength": -80.042034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.006228,
        "energy": 63.276185,
        "activity_lines": [
          1.331467,
          1.384068,
          1.97085,
          3.147156
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1.2,
        "volume": 408734,
        "typical_volume": 701512.35,
        "trend": 4.577829,
        "fair_value": 13.972021,
        "relative_strength": -78.803915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.650639,
        "energy": 64.103639,
        "activity_lines": [
          1.285733,
          1.339252,
          1.806256,
          2.911274
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1.182,
        "volume": 359698,
        "typical_volume": 707770.55,
        "trend": 4.310563,
        "fair_value": 13.822634,
        "relative_strength": -78.862443,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.448481,
        "energy": 68.074787,
        "activity_lines": [
          1.24,
          1.300836,
          1.670518,
          2.692188
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1.01,
        "volume": 1292250,
        "typical_volume": 752779.35,
        "trend": 4.040896,
        "fair_value": 13.684026,
        "relative_strength": -81.649875,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.693748,
        "energy": 83.363402,
        "activity_lines": [
          1.1348,
          1.238436,
          1.5432,
          2.479249
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1.0,
        "volume": 1056427,
        "typical_volume": 779034.6,
        "trend": 3.781563,
        "fair_value": 13.543478,
        "relative_strength": -82.083632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.109605,
        "energy": 79.249603,
        "activity_lines": [
          1.075467,
          1.183091,
          1.43631,
          2.283062
        ]
      },
      {
        "date": "2025-01-24",
        "close": 0.813,
        "volume": 1053914,
        "typical_volume": 804035.1,
        "trend": 3.523663,
        "fair_value": 13.424119,
        "relative_strength": -85.459518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.719162,
        "energy": 68.318099,
        "activity_lines": [
          0.977267,
          1.102836,
          1.329706,
          2.091542
        ]
      },
      {
        "date": "2025-01-31",
        "close": 0.865,
        "volume": 989227,
        "typical_volume": 843024.85,
        "trend": 3.235163,
        "fair_value": 13.299277,
        "relative_strength": -84.214472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.53596,
        "energy": 67.189028,
        "activity_lines": [
          0.9186,
          1.043909,
          1.246587,
          1.920015
        ]
      },
      {
        "date": "2025-02-07",
        "close": 0.815,
        "volume": 1090569,
        "typical_volume": 889194.4,
        "trend": 2.968996,
        "fair_value": 13.171614,
        "relative_strength": -84.66055,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.148968,
        "energy": 66.60702,
        "activity_lines": [
          0.8656,
          0.983618,
          1.174778,
          1.763876
        ]
      },
      {
        "date": "2025-02-14",
        "close": 0.769,
        "volume": 874960,
        "typical_volume": 833999.4,
        "trend": 2.722629,
        "fair_value": 13.062979,
        "relative_strength": -85.702507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.95494,
        "energy": 65.620028,
        "activity_lines": [
          0.821733,
          0.921055,
          1.117231,
          1.62194
        ]
      },
      {
        "date": "2025-02-21",
        "close": 0.899,
        "volume": 1785509,
        "typical_volume": 900339.2,
        "trend": 2.491929,
        "fair_value": 12.951801,
        "relative_strength": -83.055274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.219543,
        "energy": 56.971824,
        "activity_lines": [
          0.837267,
          0.899927,
          1.077746,
          1.504287
        ]
      },
      {
        "date": "2025-02-28",
        "close": 0.826,
        "volume": 435112,
        "typical_volume": 893521.25,
        "trend": 2.264796,
        "fair_value": 12.845908,
        "relative_strength": -84.227847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.83326,
        "energy": 53.832483,
        "activity_lines": [
          0.8352,
          0.873764,
          1.037956,
          1.396808
        ]
      },
      {
        "date": "2025-03-07",
        "close": 0.94,
        "volume": 704099,
        "typical_volume": 915715.55,
        "trend": 2.042129,
        "fair_value": 12.743872,
        "relative_strength": -81.76961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.235155,
        "energy": 48.573842,
        "activity_lines": [
          0.870267,
          0.874145,
          1.013938,
          1.311337
        ]
      },
      {
        "date": "2025-03-14",
        "close": 0.944,
        "volume": 314701,
        "typical_volume": 919815.15,
        "trend": 1.860596,
        "fair_value": 12.643488,
        "relative_strength": -81.002362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.279034,
        "energy": 41.503105,
        "activity_lines": [
          0.901667,
          0.879982,
          0.994071,
          1.24049
        ]
      },
      {
        "date": "2025-03-21",
        "close": 0.788,
        "volume": 921879,
        "typical_volume": 900035.3,
        "trend": 1.703529,
        "fair_value": 12.54373,
        "relative_strength": -83.353552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.479806,
        "energy": 41.989326,
        "activity_lines": [
          0.872467,
          0.861782,
          0.96239,
          1.17129
        ]
      },
      {
        "date": "2025-03-28",
        "close": 0.803,
        "volume": 958719,
        "typical_volume": 915735.25,
        "trend": 1.570296,
        "fair_value": 12.405046,
        "relative_strength": -81.906936,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.844731,
        "energy": 41.715038,
        "activity_lines": [
          0.847,
          0.850345,
          0.935519,
          1.113191
        ]
      },
      {
        "date": "2025-04-04",
        "close": 0.701,
        "volume": 493205,
        "typical_volume": 916916.5,
        "trend": 1.436829,
        "fair_value": 12.261205,
        "relative_strength": -81.886571,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.962823,
        "energy": 45.280455,
        "activity_lines": [
          0.793933,
          0.823945,
          0.902252,
          1.057108
        ]
      },
      {
        "date": "2025-04-11",
        "close": 0.889,
        "volume": 825566,
        "typical_volume": 942266.0,
        "trend": 1.325129,
        "fair_value": 12.140207,
        "relative_strength": -75.981879,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.873379,
        "energy": 38.006838,
        "activity_lines": [
          0.811867,
          0.833764,
          0.890533,
          1.021764
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1.0,
        "volume": 733034,
        "typical_volume": 930915.35,
        "trend": 1.200796,
        "fair_value": 12.025424,
        "relative_strength": -72.879758,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.382514,
        "energy": 25.083104,
        "activity_lines": [
          0.8702,
          0.863327,
          0.891295,
          1.000788
        ]
      },
      {
        "date": "2025-04-25",
        "close": 0.88,
        "volume": 242851,
        "typical_volume": 893304.85,
        "trend": 1.164729,
        "fair_value": 11.911372,
        "relative_strength": -75.717358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.78001,
        "energy": 20.85151,
        "activity_lines": [
          0.8848,
          0.867709,
          0.881343,
          0.980091
        ]
      },
      {
        "date": "2025-05-02",
        "close": 0.873,
        "volume": 309673,
        "typical_volume": 816790.1,
        "trend": 1.117329,
        "fair_value": 11.805092,
        "relative_strength": -75.157681,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.148757,
        "energy": 15.113278,
        "activity_lines": [
          0.890933,
          0.8688,
          0.874857,
          0.96127
        ]
      },
      {
        "date": "2025-05-09",
        "close": 0.85,
        "volume": 920372,
        "typical_volume": 788524.95,
        "trend": 1.083729,
        "fair_value": 11.702667,
        "relative_strength": -74.535827,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.131403,
        "energy": 14.320914,
        "activity_lines": [
          0.884733,
          0.866182,
          0.868462,
          0.944023
        ]
      },
      {
        "date": "2025-05-16",
        "close": 0.831,
        "volume": 752019,
        "typical_volume": 805689.2,
        "trend": 1.053696,
        "fair_value": 11.598557,
        "relative_strength": -74.833208,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.334332,
        "energy": 18.408574,
        "activity_lines": [
          0.862267,
          0.859673,
          0.861667,
          0.927718
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1.25,
        "volume": 1148790,
        "typical_volume": 845143.8,
        "trend": 1.0426,
        "fair_value": 11.496007,
        "relative_strength": -59.540635,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.920042,
        "energy": 7.654865,
        "activity_lines": [
          0.983333,
          0.931327,
          0.896533,
          0.940383
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2.1,
        "volume": 5783972,
        "typical_volume": 1069729.9,
        "trend": 1.062667,
        "fair_value": 11.403158,
        "relative_strength": -29.397649,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 55.543545,
        "energy": 63.648285,
        "activity_lines": [
          1.371067,
          1.151964,
          1.012029,
          1.008602
        ]
      },
      {
        "date": "2025-06-06",
        "close": 3.8,
        "volume": 4000430,
        "typical_volume": 1216930.05,
        "trend": 1.139333,
        "fair_value": 11.347159,
        "relative_strength": 30.683253,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 91.680634,
        "energy": 94.796479,
        "activity_lines": [
          2.244133,
          1.657836,
          1.284238,
          1.185204
        ]
      },
      {
        "date": "2025-06-13",
        "close": 3.5,
        "volume": 3220273,
        "typical_volume": 1325248.0,
        "trend": 1.207133,
        "fair_value": 11.292739,
        "relative_strength": 27.938623,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.186094,
        "energy": 94.559689,
        "activity_lines": [
          2.822067,
          2.054673,
          1.514543,
          1.337505
        ]
      },
      {
        "date": "2025-06-20",
        "close": 4.2,
        "volume": 3359727,
        "typical_volume": 1443773.0,
        "trend": 1.304133,
        "fair_value": 11.243056,
        "relative_strength": 58.967636,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.762424,
        "energy": 95.77512,
        "activity_lines": [
          3.456667,
          2.527891,
          1.798719,
          1.530594
        ]
      },
      {
        "date": "2025-06-27",
        "close": 3.99,
        "volume": 2326523,
        "typical_volume": 1505570.7,
        "trend": 1.3988,
        "fair_value": 11.191652,
        "relative_strength": 52.166027,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.980896,
        "energy": 91.205143,
        "activity_lines": [
          3.796667,
          2.902727,
          2.047014,
          1.703875
        ]
      },
      {
        "date": "2025-07-04",
        "close": 4.1,
        "volume": 1444689,
        "typical_volume": 1534057.15,
        "trend": 1.4772,
        "fair_value": 11.142141,
        "relative_strength": 62.202124,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.771653,
        "energy": 86.041555,
        "activity_lines": [
          3.990667,
          3.2432,
          2.290667,
          1.878146
        ]
      },
      {
        "date": "2025-07-11",
        "close": 4.1,
        "volume": 789078,
        "typical_volume": 1484235.6,
        "trend": 1.5688,
        "fair_value": 11.099634,
        "relative_strength": 65.619995,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.537794,
        "energy": 68.086001,
        "activity_lines": [
          4.051333,
          3.525127,
          2.518457,
          2.047359
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4.03,
        "volume": 940984,
        "typical_volume": 1509529.2,
        "trend": 1.664933,
        "fair_value": 11.049174,
        "relative_strength": 67.973423,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.7761,
        "energy": 64.965096,
        "activity_lines": [
          4.068667,
          3.735655,
          2.724338,
          2.206146
        ]
      },
      {
        "date": "2025-07-25",
        "close": 4.24,
        "volume": 826320,
        "typical_volume": 1515640.25,
        "trend": 1.766267,
        "fair_value": 11.00325,
        "relative_strength": 77.785091,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.581471,
        "energy": 63.752451,
        "activity_lines": [
          4.120667,
          3.926545,
          2.934962,
          2.37228
        ]
      },
      {
        "date": "2025-08-01",
        "close": 4.15,
        "volume": 1846555,
        "typical_volume": 1592232.95,
        "trend": 1.8652,
        "fair_value": 10.952934,
        "relative_strength": 84.668554,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.653861,
        "energy": 56.488391,
        "activity_lines": [
          4.14,
          4.039091,
          3.1213,
          2.526069
        ]
      },
      {
        "date": "2025-08-08",
        "close": 3.56,
        "volume": 1419576,
        "typical_volume": 1617117.8,
        "trend": 1.9502,
        "fair_value": 10.901713,
        "relative_strength": 60.206312,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.031464,
        "energy": 43.721267,
        "activity_lines": [
          3.952,
          3.991636,
          3.236181,
          2.635411
        ]
      },
      {
        "date": "2025-08-15",
        "close": 3.075,
        "volume": 2010789,
        "typical_volume": 1669721.3,
        "trend": 2.019367,
        "fair_value": 10.849571,
        "relative_strength": 40.708732,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.095425,
        "energy": 31.000023,
        "activity_lines": [
          3.638333,
          3.829455,
          3.291671,
          2.707978
        ]
      },
      {
        "date": "2025-08-22",
        "close": 3.78,
        "volume": 1204893,
        "typical_volume": 1705305.7,
        "trend": 2.118267,
        "fair_value": 10.788253,
        "relative_strength": 72.825756,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.929892,
        "energy": 24.975816,
        "activity_lines": [
          3.628,
          3.808636,
          3.403486,
          2.821568
        ]
      },
      {
        "date": "2025-08-29",
        "close": 3.57,
        "volume": 503412,
        "typical_volume": 1689198.0,
        "trend": 2.208433,
        "fair_value": 10.724964,
        "relative_strength": 69.13838,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.796846,
        "energy": 21.3406,
        "activity_lines": [
          3.564333,
          3.744545,
          3.480638,
          2.915228
        ]
      },
      {
        "date": "2025-09-05",
        "close": 3.105,
        "volume": 1092603,
        "typical_volume": 1707176.45,
        "trend": 2.284767,
        "fair_value": 10.641434,
        "relative_strength": 49.611156,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.12606,
        "energy": 20.742133,
        "activity_lines": [
          3.390333,
          3.607364,
          3.500738,
          2.973071
        ]
      },
      {
        "date": "2025-09-12",
        "close": 3.795,
        "volume": 897067,
        "typical_volume": 1739887.25,
        "trend": 2.385633,
        "fair_value": 10.565704,
        "relative_strength": 83.322356,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.083387,
        "energy": 22.64981,
        "activity_lines": [
          3.516,
          3.611727,
          3.576529,
          3.070505
        ]
      },
      {
        "date": "2025-09-19",
        "close": 3.76,
        "volume": 1367330,
        "typical_volume": 1792770.1,
        "trend": 2.481,
        "fair_value": 10.487937,
        "relative_strength": 82.719944,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.101476,
        "energy": 19.807468,
        "activity_lines": [
          3.614333,
          3.615273,
          3.635105,
          3.159174
        ]
      },
      {
        "date": "2025-09-26",
        "close": 3.795,
        "volume": 2465374,
        "typical_volume": 1870020.2,
        "trend": 2.579967,
        "fair_value": 10.417397,
        "relative_strength": 81.441248,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.167841,
        "energy": 24.437174,
        "activity_lines": [
          3.678667,
          3.631364,
          3.683267,
          3.243948
        ]
      },
      {
        "date": "2025-10-03",
        "close": 3.595,
        "volume": 1815024,
        "typical_volume": 1923170.45,
        "trend": 2.668467,
        "fair_value": 10.350329,
        "relative_strength": 64.81939,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.994155,
        "energy": 25.535127,
        "activity_lines": [
          3.675333,
          3.615364,
          3.698357,
          3.309434
        ]
      },
      {
        "date": "2025-10-10",
        "close": 3.495,
        "volume": 902625,
        "typical_volume": 1910862.2,
        "trend": 2.7535,
        "fair_value": 10.284245,
        "relative_strength": 59.308507,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.394591,
        "energy": 21.014437,
        "activity_lines": [
          3.637,
          3.592909,
          3.690762,
          3.362759
        ]
      },
      {
        "date": "2025-10-17",
        "close": 3.46,
        "volume": 635859,
        "typical_volume": 1653456.55,
        "trend": 2.842567,
        "fair_value": 10.208869,
        "relative_strength": 55.801861,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.601705,
        "energy": 13.131246,
        "activity_lines": [
          3.561,
          3.576,
          3.669143,
          3.40834
        ]
      },
      {
        "date": "2025-10-24",
        "close": 3.35,
        "volume": 652541,
        "typical_volume": 1486062.1,
        "trend": 2.927467,
        "fair_value": 10.13604,
        "relative_strength": 44.225786,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.074302,
        "energy": 8.931644,
        "activity_lines": [
          3.470667,
          3.540909,
          3.630571,
          3.441077
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3.52,
        "volume": 526932,
        "typical_volume": 1351395.05,
        "trend": 3.021433,
        "fair_value": 10.066114,
        "relative_strength": 50.250864,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.773575,
        "energy": 9.507328,
        "activity_lines": [
          3.464333,
          3.531727,
          3.610333,
          3.479305
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3.435,
        "volume": 415234,
        "typical_volume": 1204170.4,
        "trend": 3.1063,
        "fair_value": 9.995018,
        "relative_strength": 46.217372,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.877795,
        "energy": 8.560745,
        "activity_lines": [
          3.448,
          3.511818,
          3.581905,
          3.505987
        ]
      },
      {
        "date": "2025-11-14",
        "close": 3.0,
        "volume": 1045790,
        "typical_volume": 1140133.75,
        "trend": 3.172967,
        "fair_value": 9.91538,
        "relative_strength": 25.177123,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.373289,
        "energy": 9.72222,
        "activity_lines": [
          3.297333,
          3.415273,
          3.51569,
          3.499129
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2.725,
        "volume": 929419,
        "typical_volume": 1114370.25,
        "trend": 3.234467,
        "fair_value": 9.801524,
        "relative_strength": 14.874394,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.597221,
        "energy": 42.588461,
        "activity_lines": [
          3.088,
          3.270636,
          3.428,
          3.470228
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2.865,
        "volume": 280179,
        "typical_volume": 1088925.3,
        "trend": 3.300867,
        "fair_value": 9.688565,
        "relative_strength": 15.50419,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.571241,
        "energy": 48.551433,
        "activity_lines": [
          2.974333,
          3.170909,
          3.36019,
          3.446391
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2.29,
        "volume": 826592,
        "typical_volume": 1083205.7,
        "trend": 3.348867,
        "fair_value": 9.594995,
        "relative_strength": -9.223852,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.310633,
        "energy": 63.489274,
        "activity_lines": [
          2.701333,
          2.982909,
          3.2435,
          3.381174
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2.105,
        "volume": 326901,
        "typical_volume": 1058234.75,
        "trend": 3.391333,
        "fair_value": 9.50493,
        "relative_strength": -16.781022,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -79.419149,
        "energy": 80.787443,
        "activity_lines": [
          2.448667,
          2.788636,
          3.117476,
          3.300925
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2.085,
        "volume": 298353,
        "typical_volume": 980824.65,
        "trend": 3.419167,
        "fair_value": 9.424492,
        "relative_strength": -18.631924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.200119,
        "energy": 81.996295,
        "activity_lines": [
          2.278,
          2.617818,
          2.999714,
          3.216645
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2.235,
        "volume": 47607,
        "typical_volume": 912226.2,
        "trend": 3.423667,
        "fair_value": 9.313748,
        "relative_strength": -13.575108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.664244,
        "energy": 82.813326,
        "activity_lines": [
          2.218333,
          2.499909,
          2.906071,
          3.140247
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2.9,
        "volume": 342502,
        "typical_volume": 828811.85,
        "trend": 3.393667,
        "fair_value": 9.213521,
        "relative_strength": 9.645452,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.381194,
        "energy": 65.854923,
        "activity_lines": [
          2.413,
          2.525182,
          2.882071,
          3.106462
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2.87,
        "volume": 551796,
        "typical_volume": 796157.0,
        "trend": 3.372667,
        "fair_value": 9.105597,
        "relative_strength": 3.874974,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.962891,
        "energy": 34.037414,
        "activity_lines": [
          2.595333,
          2.553182,
          2.856048,
          3.072677
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2.88,
        "volume": 602134,
        "typical_volume": 801093.1,
        "trend": 3.328667,
        "fair_value": 8.968095,
        "relative_strength": 0.844091,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.152025,
        "energy": 22.039314,
        "activity_lines": [
          2.742333,
          2.594818,
          2.83531,
          3.040892
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2.85,
        "volume": 378286,
        "typical_volume": 765377.25,
        "trend": 3.290667,
        "fair_value": 8.799633,
        "relative_strength": -0.666659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.519767,
        "energy": 24.033057,
        "activity_lines": [
          2.827667,
          2.641091,
          2.815,
          3.010011
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2.68,
        "volume": 453855,
        "typical_volume": 743216.65,
        "trend": 3.243333,
        "fair_value": 8.6177,
        "relative_strength": -8.034402,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.642661,
        "energy": 19.294366,
        "activity_lines": [
          2.805333,
          2.659182,
          2.779714,
          2.970613
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2.54,
        "volume": 269766,
        "typical_volume": 688338.45,
        "trend": 3.191333,
        "fair_value": 8.429991,
        "relative_strength": -16.305432,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.980746,
        "energy": 18.213139,
        "activity_lines": [
          2.706667,
          2.652636,
          2.736405,
          2.925237
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2.785,
        "volume": 369366,
        "typical_volume": 583538.05,
        "trend": 3.149833,
        "fair_value": 8.271869,
        "relative_strength": -9.305558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.859917,
        "energy": 17.146548,
        "activity_lines": [
          2.713667,
          2.696545,
          2.722238,
          2.899022
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2.78,
        "volume": 689844,
        "typical_volume": 527279.05,
        "trend": 3.101167,
        "fair_value": 8.112214,
        "relative_strength": -12.130282,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.131872,
        "energy": 17.272622,
        "activity_lines": [
          2.724667,
          2.730545,
          2.712405,
          2.875161
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2.61,
        "volume": 260079,
        "typical_volume": 495151.75,
        "trend": 3.049833,
        "fair_value": 7.885182,
        "relative_strength": -19.375942,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.166245,
        "energy": 19.555618,
        "activity_lines": [
          2.685667,
          2.721364,
          2.690262,
          2.843473
        ]
      },
      {
        "date": "2026-03-06",
        "close": 2.615,
        "volume": 501321,
        "typical_volume": 488424.85,
        "trend": 3.018333,
        "fair_value": 7.692201,
        "relative_strength": -15.162992,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.979705,
        "energy": 18.309902,
        "activity_lines": [
          2.664333,
          2.703545,
          2.67281,
          2.815419
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2.96,
        "volume": 231939,
        "typical_volume": 467394.75,
        "trend": 3.0145,
        "fair_value": 7.541079,
        "relative_strength": -4.477859,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.667997,
        "energy": 7.290592,
        "activity_lines": [
          2.762333,
          2.741545,
          2.692238,
          2.811656
        ]
      },
      {
        "date": "2026-03-20",
        "close": 2.67,
        "volume": 534638,
        "typical_volume": 467780.05,
        "trend": 2.9775,
        "fair_value": 7.393976,
        "relative_strength": -10.266581,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.421759,
        "energy": 11.204006,
        "activity_lines": [
          2.735667,
          2.725727,
          2.685905,
          2.78943
        ]
      },
      {
        "date": "2026-03-27",
        "close": 2.795,
        "volume": 1498939,
        "typical_volume": 521965.3,
        "trend": 2.951667,
        "fair_value": 7.243547,
        "relative_strength": -7.174835,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.011277,
        "energy": 8.02721,
        "activity_lines": [
          2.758333,
          2.736273,
          2.695524,
          2.777656
        ]
      },
      {
        "date": "2026-04-03",
        "close": 2.69,
        "volume": 1043235,
        "typical_volume": 521837.55,
        "trend": 2.937833,
        "fair_value": 7.088818,
        "relative_strength": -14.665105,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.238713,
        "energy": 9.289979,
        "activity_lines": [
          2.745,
          2.729273,
          2.69819,
          2.760774
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2.905,
        "volume": 809698,
        "typical_volume": 515851.5,
        "trend": 2.908167,
        "fair_value": 6.935155,
        "relative_strength": -12.974219,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.965621,
        "energy": 5.75807,
        "activity_lines": [
          2.798,
          2.764273,
          2.72281,
          2.758656
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2.96,
        "volume": 1953929,
        "typical_volume": 599539.0,
        "trend": 2.8815,
        "fair_value": 6.813112,
        "relative_strength": -14.117405,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.421827,
        "energy": 7.480215,
        "activity_lines": [
          2.85,
          2.805182,
          2.75181,
          2.762
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3.1,
        "volume": 2189340,
        "typical_volume": 667676.4,
        "trend": 2.858333,
        "fair_value": 6.692904,
        "relative_strength": -8.736893,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.834529,
        "energy": 25.727032,
        "activity_lines": [
          2.948667,
          2.863909,
          2.79369,
          2.776097
        ]
      },
      {
        "date": "2026-05-01",
        "close": 3.64,
        "volume": 700545,
        "typical_volume": 686358.6,
        "trend": 2.859833,
        "fair_value": 6.572719,
        "relative_strength": 7.013282,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 46.328712,
        "energy": 52.779329,
        "activity_lines": [
          3.198667,
          3.015091,
          2.883143,
          2.826527
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3.0,
        "volume": 748352,
        "typical_volume": 708858.55,
        "trend": 2.843333,
        "fair_value": 6.457498,
        "relative_strength": -13.126418,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 25.993289,
        "energy": 42.420295,
        "activity_lines": [
          3.179,
          3.034273,
          2.904333,
          2.83557
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3.23,
        "volume": 374679,
        "typical_volume": 725212.15,
        "trend": 2.835667,
        "fair_value": 6.336873,
        "relative_strength": -6.498361,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 56.844545,
        "energy": 53.306856,
        "activity_lines": [
          3.215333,
          3.088182,
          2.943071,
          2.860516
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2.83,
        "volume": 776126,
        "typical_volume": 746893.35,
        "trend": 2.818333,
        "fair_value": 6.200552,
        "relative_strength": -21.458681,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 48.222442,
        "energy": 33.615537,
        "activity_lines": [
          3.096667,
          3.058182,
          2.938976,
          2.860151
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2.8,
        "volume": 1064230,
        "typical_volume": 772515.05,
        "trend": 2.794333,
        "fair_value": 6.01057,
        "relative_strength": -22.158752,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.272914,
        "energy": 14.38293,
        "activity_lines": [
          2.976667,
          3.025091,
          2.932357,
          2.858968
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2.65,
        "volume": 101625,
        "typical_volume": 747489.6,
        "trend": 2.768167,
        "fair_value": 5.805244,
        "relative_strength": -24.989653,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.789993,
        "energy": 13.234074,
        "activity_lines": [
          2.826667,
          2.962364,
          2.911786,
          2.849656
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2.495,
        "volume": 217013,
        "typical_volume": 739425.95,
        "trend": 2.751333,
        "fair_value": 5.607053,
        "relative_strength": -28.55947,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.487557,
        "energy": 21.366679,
        "activity_lines": [
          2.691,
          2.874091,
          2.877548,
          2.832032
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2.555,
        "volume": 521352,
        "typical_volume": 742800.8,
        "trend": 2.745667,
        "fair_value": 5.412375,
        "relative_strength": -27.200186,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.968558,
        "energy": 22.983734,
        "activity_lines": [
          2.609,
          2.800273,
          2.850714,
          2.819366
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2.575,
        "volume": 74622,
        "typical_volume": 733043.6,
        "trend": 2.736,
        "fair_value": 5.250655,
        "relative_strength": -25.033984,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.72674,
        "energy": 32.227916,
        "activity_lines": [
          2.578667,
          2.736455,
          2.826381,
          2.808355
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2.45,
        "volume": 40355,
        "typical_volume": 716593.05,
        "trend": 2.741333,
        "fair_value": 5.106269,
        "relative_strength": -29.636707,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.632008,
        "energy": 37.706124,
        "activity_lines": [
          2.523667,
          2.656909,
          2.789976,
          2.789903
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2.49,
        "volume": 747724,
        "typical_volume": 719487.05,
        "trend": 2.754167,
        "fair_value": 4.963391,
        "relative_strength": -25.828968,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.858367,
        "energy": 33.823589,
        "activity_lines": [
          2.505333,
          2.596455,
          2.758976,
          2.773688
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2.43,
        "volume": 157932,
        "typical_volume": 714379.7,
        "trend": 2.765667,
        "fair_value": 4.835136,
        "relative_strength": -25.812624,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.213225,
        "energy": 41.907072,
        "activity_lines": [
          2.477667,
          2.546,
          2.723643,
          2.752774
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2.34,
        "volume": 431316,
        "typical_volume": 710879.45,
        "trend": 2.769167,
        "fair_value": 4.697862,
        "relative_strength": -28.554466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.67239,
        "energy": 49.44102,
        "activity_lines": [
          2.424333,
          2.489545,
          2.680595,
          2.725312
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2.15,
        "volume": 275565,
        "typical_volume": 713060.75,
        "trend": 2.744167,
        "fair_value": 4.562497,
        "relative_strength": -34.103825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.88738,
        "energy": 61.405209,
        "activity_lines": [
          2.322,
          2.414727,
          2.620762,
          2.685366
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2.21,
        "volume": 186639,
        "typical_volume": 695660.8,
        "trend": 2.722167,
        "fair_value": 4.432207,
        "relative_strength": -32.700495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.519037,
        "energy": 64.637912,
        "activity_lines": [
          2.268,
          2.363182,
          2.5705,
          2.650903
        ]
      }
    ],
    "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."
    }
  }
}