{
  "ticker": {
    "uuid": "e2510722-16f3-4c5b-bda5-a349af17bb49",
    "symbol": "MLFXO",
    "name": "Finaxo Environnement Societe Anonyme",
    "exchange": "PAR",
    "country": "FR",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FCHI",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3c",
    "phase_label": "Stage 3C \u00b7 Breakdown watch",
    "transition": "stage_3_to_4_watch",
    "transition_label": "Stage 3 \u2192 4 watch",
    "confidence": 87.08,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "up",
    "architecture_direction": 41.043,
    "architecture_energy": 26.505,
    "architecture_maturity": 42.119,
    "architecture_confidence": 68.438,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 38.18,
        "rotation_up": 50.9,
        "upward_expansion": 76.36,
        "deceleration": 54.16,
        "rotation_down": 20.2,
        "downward_expansion": 7.69
      },
      "activity_lines": [
        4.606667,
        4.594182,
        4.553333,
        4.545075
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 4.5,
    "trend_reference": 4.493333,
    "distance_from_trend": 0.001484,
    "trend_direction": "Improving",
    "fair_value": 2.902045,
    "distance_from_fair_value": 0.550631,
    "fair_value_direction": "Weakening",
    "relative_strength": -9.995654,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.046512,
    "excess_performance": -0.0068,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.001484,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.000668,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.550631,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.025823,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.099957,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.109991,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.046512,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.36105,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 98,
      "relative_activity": 0.236544,
      "balance": 0.36105,
      "dry_up": 0.608255,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.053675,
      "annualized_volatility": 0.42703,
      "from_high_reference": -0.274194,
      "from_low_reference": 0.461039
    },
    "levels": {
      "trend_reference": 4.493333,
      "fair_value_reference": 2.902045,
      "structural_low": 3.5,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.0,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.043908,
        "regime_survival": 0.714286,
        "best_return": 0.05,
        "worst_return": -0.1,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.033058,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.075559,
        "regime_survival": 0.333333,
        "best_return": 0.11,
        "worst_return": -0.136546,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.167645,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.123161,
        "regime_survival": 0.5,
        "best_return": 0.17,
        "worst_return": 0.165289,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 7.264463,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 7.212642,
        "regime_survival": 0.0,
        "best_return": 7.264463,
        "worst_return": 7.264463,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-12-29",
        "end": "2024-02-16",
        "tenure": "Developing",
        "return": -0.858808,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-02-23",
        "end": "2024-03-08",
        "tenure": "New",
        "return": 0.004016,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-15",
        "end": "2024-07-12",
        "tenure": "Established",
        "return": 0.2,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-19",
        "end": "2024-08-16",
        "tenure": "Developing",
        "return": 0.008333,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-23",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": 0.033058,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-01",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": 0.432,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-10",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": -0.336842,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-14",
        "end": "2025-02-28",
        "tenure": "New",
        "return": 0.428571,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-07",
        "end": "2025-11-28",
        "tenure": "Extended",
        "return": 3.855769,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-05",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.04,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-26",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.081731,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-23",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": 0.162791,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.096386,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 4.7,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3.86,
        "volume": 1400,
        "typical_volume": 70.0,
        "trend": 4.672,
        "fair_value": 4.694615,
        "relative_strength": -20.805729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.175005,
        "energy": 97.404388,
        "activity_lines": [
          4.42,
          4.547273,
          4.62,
          4.645806
        ]
      },
      {
        "date": "2024-01-05",
        "close": 3.1,
        "volume": 3000,
        "typical_volume": 220.0,
        "trend": 4.618667,
        "fair_value": 4.684359,
        "relative_strength": -34.830121,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.652984,
        "energy": 98.111285,
        "activity_lines": [
          3.942667,
          4.271636,
          4.471619,
          4.544387
        ]
      },
      {
        "date": "2024-01-12",
        "close": 2.82,
        "volume": 4754,
        "typical_volume": 457.7,
        "trend": 4.556,
        "fair_value": 4.672308,
        "relative_strength": -40.549661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.96921,
        "energy": 98.588605,
        "activity_lines": [
          3.478667,
          3.974182,
          4.30419,
          4.428344
        ]
      },
      {
        "date": "2024-01-19",
        "close": 2.52,
        "volume": 2000,
        "typical_volume": 557.7,
        "trend": 4.483333,
        "fair_value": 4.658333,
        "relative_strength": -45.657652,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -96.99352,
        "energy": 98.947679,
        "activity_lines": [
          3.04,
          3.656364,
          4.117143,
          4.296989
        ]
      },
      {
        "date": "2024-01-26",
        "close": 2.52,
        "volume": 0,
        "typical_volume": 557.7,
        "trend": 4.410667,
        "fair_value": 4.644359,
        "relative_strength": -46.987958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.960179,
        "energy": 97.536046,
        "activity_lines": [
          2.746667,
          3.378182,
          3.940476,
          4.170323
        ]
      },
      {
        "date": "2024-02-02",
        "close": 2.52,
        "volume": 0,
        "typical_volume": 557.7,
        "trend": 4.338,
        "fair_value": 4.630385,
        "relative_strength": -46.167174,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.16476,
        "energy": 93.407606,
        "activity_lines": [
          2.598667,
          3.139636,
          3.77419,
          4.048344
        ]
      },
      {
        "date": "2024-02-09",
        "close": 2.52,
        "volume": 0,
        "typical_volume": 557.7,
        "trend": 4.265333,
        "fair_value": 4.61641,
        "relative_strength": -46.000886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.971683,
        "energy": 90.521257,
        "activity_lines": [
          2.54,
          2.940727,
          3.618286,
          3.931054
        ]
      },
      {
        "date": "2024-02-16",
        "close": 0.545,
        "volume": 37361,
        "typical_volume": 2425.75,
        "trend": 4.126833,
        "fair_value": 4.589776,
        "relative_strength": -88.292908,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -99.924254,
        "energy": 79.946669,
        "activity_lines": [
          1.861667,
          2.422364,
          3.284667,
          3.691032
        ]
      },
      {
        "date": "2024-02-23",
        "close": 0.498,
        "volume": 7238,
        "typical_volume": 2787.65,
        "trend": 3.986767,
        "fair_value": 4.56284,
        "relative_strength": -89.367256,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -99.096237,
        "energy": 79.674849,
        "activity_lines": [
          1.319333,
          1.971,
          2.966357,
          3.456914
        ]
      },
      {
        "date": "2024-03-01",
        "close": 0.54,
        "volume": 1630,
        "typical_volume": 2869.15,
        "trend": 3.8481,
        "fair_value": 4.536173,
        "relative_strength": -88.202713,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -92.503475,
        "energy": 77.373143,
        "activity_lines": [
          0.9258,
          1.603673,
          2.672057,
          3.234542
        ]
      },
      {
        "date": "2024-03-08",
        "close": 0.5,
        "volume": 3115,
        "typical_volume": 3024.9,
        "trend": 3.7081,
        "fair_value": 4.50925,
        "relative_strength": -88.988205,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -80.809549,
        "energy": 73.282115,
        "activity_lines": [
          0.650933,
          1.304709,
          2.393757,
          3.018535
        ]
      },
      {
        "date": "2024-03-15",
        "close": 0.5,
        "volume": 22654,
        "typical_volume": 4157.6,
        "trend": 3.5681,
        "fair_value": 4.482327,
        "relative_strength": -88.939913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.801295,
        "energy": 89.561439,
        "activity_lines": [
          0.510733,
          1.066836,
          2.135457,
          2.811561
        ]
      },
      {
        "date": "2024-03-22",
        "close": 0.492,
        "volume": 5000,
        "typical_volume": 4407.6,
        "trend": 3.427833,
        "fair_value": 4.455353,
        "relative_strength": -88.864513,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.76952,
        "energy": 69.730545,
        "activity_lines": [
          0.502533,
          0.874782,
          1.896395,
          2.613103
        ]
      },
      {
        "date": "2024-03-29",
        "close": 0.492,
        "volume": 5160,
        "typical_volume": 4665.6,
        "trend": 3.287567,
        "fair_value": 4.428378,
        "relative_strength": -88.704423,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.525297,
        "energy": 75.797653,
        "activity_lines": [
          0.497867,
          0.725055,
          1.677371,
          2.423695
        ]
      },
      {
        "date": "2024-04-05",
        "close": 0.496,
        "volume": 2250,
        "typical_volume": 4778.1,
        "trend": 3.147433,
        "fair_value": 4.401429,
        "relative_strength": -88.15961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.653223,
        "energy": 88.76371,
        "activity_lines": [
          0.494933,
          0.612927,
          1.478767,
          2.243594
        ]
      },
      {
        "date": "2024-04-12",
        "close": 0.492,
        "volume": 4250,
        "typical_volume": 4990.6,
        "trend": 3.007167,
        "fair_value": 4.374455,
        "relative_strength": -87.929318,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.853702,
        "energy": 88.964918,
        "activity_lines": [
          0.4936,
          0.536873,
          1.2998,
          2.072275
        ]
      },
      {
        "date": "2024-04-19",
        "close": 0.494,
        "volume": 4710,
        "typical_volume": 5226.1,
        "trend": 2.866967,
        "fair_value": 4.347494,
        "relative_strength": -87.636666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.308353,
        "energy": 88.502667,
        "activity_lines": [
          0.493467,
          0.498055,
          1.141062,
          1.910135
        ]
      },
      {
        "date": "2024-04-26",
        "close": 0.472,
        "volume": 3350,
        "typical_volume": 5393.6,
        "trend": 2.726033,
        "fair_value": 4.320391,
        "relative_strength": -88.020202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.38268,
        "energy": 82.088688,
        "activity_lines": [
          0.4864,
          0.492073,
          1.000257,
          1.755622
        ]
      },
      {
        "date": "2024-05-03",
        "close": 0.472,
        "volume": 8932,
        "typical_volume": 5840.2,
        "trend": 2.5851,
        "fair_value": 4.293288,
        "relative_strength": -87.541659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.4552,
        "energy": 68.640886,
        "activity_lines": [
          0.480667,
          0.487418,
          0.879586,
          1.6102
        ]
      },
      {
        "date": "2024-05-10",
        "close": 0.5,
        "volume": 8102,
        "typical_volume": 6245.3,
        "trend": 2.4451,
        "fair_value": 4.266365,
        "relative_strength": -86.919855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.6631,
        "energy": 67.282996,
        "activity_lines": [
          0.4856,
          0.488327,
          0.781714,
          1.475677
        ]
      },
      {
        "date": "2024-05-17",
        "close": 0.448,
        "volume": 9080,
        "typical_volume": 6629.3,
        "trend": 2.303367,
        "fair_value": 4.239109,
        "relative_strength": -87.920138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.266949,
        "energy": 95.893432,
        "activity_lines": [
          0.472933,
          0.480509,
          0.69889,
          1.346832
        ]
      },
      {
        "date": "2024-05-24",
        "close": 0.448,
        "volume": 7340,
        "typical_volume": 6846.3,
        "trend": 2.161633,
        "fair_value": 4.211853,
        "relative_strength": -87.501285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.607029,
        "energy": 95.31246,
        "activity_lines": [
          0.4632,
          0.473636,
          0.632314,
          1.227131
        ]
      },
      {
        "date": "2024-05-31",
        "close": 0.54,
        "volume": 2027,
        "typical_volume": 6709.95,
        "trend": 2.022967,
        "fair_value": 4.185186,
        "relative_strength": -84.348651,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.333333,
        "energy": 85.416667,
        "activity_lines": [
          0.4872,
          0.484436,
          0.587129,
          1.12251
        ]
      },
      {
        "date": "2024-06-07",
        "close": 0.61,
        "volume": 5035,
        "typical_volume": 6861.7,
        "trend": 1.886633,
        "fair_value": 4.158968,
        "relative_strength": -81.874908,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.999984,
        "energy": 84.949962,
        "activity_lines": [
          0.53,
          0.507091,
          0.559467,
          1.031351
        ]
      },
      {
        "date": "2024-06-14",
        "close": 0.6,
        "volume": 601,
        "typical_volume": 6891.75,
        "trend": 1.749967,
        "fair_value": 4.132686,
        "relative_strength": -80.491445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.665268,
        "energy": 64.479931,
        "activity_lines": [
          0.560267,
          0.525782,
          0.539948,
          0.948342
        ]
      },
      {
        "date": "2024-06-21",
        "close": 0.6,
        "volume": 0,
        "typical_volume": 6891.75,
        "trend": 1.6133,
        "fair_value": 4.106404,
        "relative_strength": -80.277552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.620353,
        "energy": 61.220691,
        "activity_lines": [
          0.583867,
          0.542582,
          0.529571,
          0.874151
        ]
      },
      {
        "date": "2024-06-28",
        "close": 0.605,
        "volume": 200,
        "typical_volume": 6901.75,
        "trend": 1.4768,
        "fair_value": 4.080154,
        "relative_strength": -79.159575,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.041149,
        "energy": 60.162032,
        "activity_lines": [
          0.599,
          0.558327,
          0.528814,
          0.809099
        ]
      },
      {
        "date": "2024-07-05",
        "close": 0.61,
        "volume": 10415,
        "typical_volume": 5554.45,
        "trend": 1.340467,
        "fair_value": 4.053936,
        "relative_strength": -78.917195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.194918,
        "energy": 58.714268,
        "activity_lines": [
          0.605333,
          0.572964,
          0.537652,
          0.753176
        ]
      },
      {
        "date": "2024-07-12",
        "close": 0.6,
        "volume": 4680,
        "typical_volume": 5426.55,
        "trend": 1.2038,
        "fair_value": 4.027654,
        "relative_strength": -78.787925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.516836,
        "energy": 57.167048,
        "activity_lines": [
          0.603667,
          0.583273,
          0.545229,
          0.705404
        ]
      },
      {
        "date": "2024-07-19",
        "close": 0.6,
        "volume": 0,
        "typical_volume": 5345.05,
        "trend": 1.067133,
        "fair_value": 4.001372,
        "relative_strength": -77.603509,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -35.755112,
        "energy": 54.083048,
        "activity_lines": [
          0.602667,
          0.591255,
          0.552319,
          0.666449
        ]
      },
      {
        "date": "2024-07-26",
        "close": 0.6,
        "volume": 100,
        "typical_volume": 5194.3,
        "trend": 0.958467,
        "fair_value": 3.97509,
        "relative_strength": -76.866659,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -26.699731,
        "energy": 50.158876,
        "activity_lines": [
          0.601667,
          0.597418,
          0.559124,
          0.636312
        ]
      },
      {
        "date": "2024-08-02",
        "close": 0.605,
        "volume": 300,
        "typical_volume": 4076.6,
        "trend": 0.8753,
        "fair_value": 3.94884,
        "relative_strength": -75.040843,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -19.478752,
        "energy": 42.242597,
        "activity_lines": [
          0.602333,
          0.601727,
          0.565929,
          0.613508
        ]
      },
      {
        "date": "2024-08-09",
        "close": 0.605,
        "volume": 0,
        "typical_volume": 3826.6,
        "trend": 0.801467,
        "fair_value": 3.92259,
        "relative_strength": -74.277916,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -20.964058,
        "energy": 35.594551,
        "activity_lines": [
          0.603,
          0.603182,
          0.572233,
          0.596069
        ]
      },
      {
        "date": "2024-08-16",
        "close": 0.605,
        "volume": 374,
        "typical_volume": 3587.3,
        "trend": 0.737633,
        "fair_value": 3.89634,
        "relative_strength": -74.011425,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -8.455752,
        "energy": 29.213707,
        "activity_lines": [
          0.604,
          0.603455,
          0.578,
          0.583394
        ]
      },
      {
        "date": "2024-08-23",
        "close": 0.605,
        "volume": 3798,
        "typical_volume": 3664.7,
        "trend": 0.6738,
        "fair_value": 3.87009,
        "relative_strength": -73.518856,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 3.559014,
        "energy": 24.656768,
        "activity_lines": [
          0.604667,
          0.603818,
          0.583229,
          0.574837
        ]
      },
      {
        "date": "2024-08-30",
        "close": 0.605,
        "volume": 385,
        "typical_volume": 3471.45,
        "trend": 0.609967,
        "fair_value": 3.84384,
        "relative_strength": -72.723299,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 4.502844,
        "energy": 49.51014,
        "activity_lines": [
          0.605,
          0.604091,
          0.587938,
          0.570398
        ]
      },
      {
        "date": "2024-09-06",
        "close": 0.605,
        "volume": 0,
        "typical_volume": 3235.95,
        "trend": 0.546133,
        "fair_value": 3.81759,
        "relative_strength": -70.586455,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.363078,
        "energy": 63.470643,
        "activity_lines": [
          0.605,
          0.604273,
          0.59211,
          0.570077
        ]
      },
      {
        "date": "2024-09-13",
        "close": 0.605,
        "volume": 1210,
        "typical_volume": 3128.95,
        "trend": 0.548133,
        "fair_value": 3.79134,
        "relative_strength": -69.880503,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.732907,
        "energy": 80.150087,
        "activity_lines": [
          0.605,
          0.604455,
          0.595752,
          0.573875
        ]
      },
      {
        "date": "2024-09-20",
        "close": 0.605,
        "volume": 400,
        "typical_volume": 2702.35,
        "trend": 0.5517,
        "fair_value": 3.76509,
        "relative_strength": -68.739787,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.975165,
        "energy": 85.95083,
        "activity_lines": [
          0.605,
          0.604727,
          0.598762,
          0.577544
        ]
      },
      {
        "date": "2024-09-27",
        "close": 0.605,
        "volume": 428,
        "typical_volume": 2318.65,
        "trend": 0.553867,
        "fair_value": 3.73884,
        "relative_strength": -68.547325,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.172142,
        "energy": 86.774779,
        "activity_lines": [
          0.605,
          0.604909,
          0.601138,
          0.580983
        ]
      },
      {
        "date": "2024-10-04",
        "close": 0.605,
        "volume": 0,
        "typical_volume": 1864.65,
        "trend": 0.557367,
        "fair_value": 3.71259,
        "relative_strength": -65.949863,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.49998,
        "energy": 85.124951,
        "activity_lines": [
          0.605,
          0.605,
          0.603014,
          0.584282
        ]
      },
      {
        "date": "2024-10-11",
        "close": 0.91,
        "volume": 238,
        "typical_volume": 1509.55,
        "trend": 0.571033,
        "fair_value": 3.688295,
        "relative_strength": -46.630739,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.249725,
        "energy": 77.511616,
        "activity_lines": [
          0.706667,
          0.660455,
          0.63319,
          0.607032
        ]
      },
      {
        "date": "2024-10-18",
        "close": 0.69,
        "volume": 22,
        "typical_volume": 1409.3,
        "trend": 0.577633,
        "fair_value": 3.66259,
        "relative_strength": -57.547112,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.461913,
        "energy": 65.862457,
        "activity_lines": [
          0.714667,
          0.670364,
          0.640214,
          0.614708
        ]
      },
      {
        "date": "2024-10-25",
        "close": 0.625,
        "volume": 10739,
        "typical_volume": 1694.5,
        "trend": 0.582067,
        "fair_value": 3.636468,
        "relative_strength": -58.690411,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.858427,
        "energy": 59.048521,
        "activity_lines": [
          0.695333,
          0.666909,
          0.640333,
          0.617763
        ]
      },
      {
        "date": "2024-11-01",
        "close": 0.625,
        "volume": 643,
        "typical_volume": 1696.6,
        "trend": 0.586367,
        "fair_value": 3.610346,
        "relative_strength": -55.740245,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.039165,
        "energy": 53.102584,
        "activity_lines": [
          0.674667,
          0.663091,
          0.640381,
          0.620533
        ]
      },
      {
        "date": "2024-11-08",
        "close": 0.625,
        "volume": 60,
        "typical_volume": 1699.6,
        "trend": 0.5908,
        "fair_value": 3.584224,
        "relative_strength": -52.527809,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.141652,
        "energy": 24.319176,
        "activity_lines": [
          0.652667,
          0.658909,
          0.64031,
          0.623026
        ]
      },
      {
        "date": "2024-11-15",
        "close": 0.625,
        "volume": 1405,
        "typical_volume": 1759.85,
        "trend": 0.595167,
        "fair_value": 3.558103,
        "relative_strength": -48.994696,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.939077,
        "energy": 27.679611,
        "activity_lines": [
          0.629333,
          0.654364,
          0.640119,
          0.625232
        ]
      },
      {
        "date": "2024-11-22",
        "close": 0.625,
        "volume": 7286,
        "typical_volume": 1603.4,
        "trend": 0.600267,
        "fair_value": 3.531981,
        "relative_strength": -45.414913,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.335522,
        "energy": 24.374477,
        "activity_lines": [
          0.625,
          0.649455,
          0.639833,
          0.627157
        ]
      },
      {
        "date": "2024-11-29",
        "close": 0.625,
        "volume": 2301,
        "typical_volume": 1484.45,
        "trend": 0.605367,
        "fair_value": 3.505859,
        "relative_strength": -41.306924,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.182234,
        "energy": 20.901488,
        "activity_lines": [
          0.625,
          0.644182,
          0.639476,
          0.628753
        ]
      },
      {
        "date": "2024-12-06",
        "close": 0.625,
        "volume": 2536,
        "typical_volume": 1611.25,
        "trend": 0.609533,
        "fair_value": 3.479737,
        "relative_strength": -38.479271,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.282784,
        "energy": 13.880667,
        "activity_lines": [
          0.625,
          0.638545,
          0.639,
          0.630019
        ]
      },
      {
        "date": "2024-12-13",
        "close": 0.625,
        "volume": 179,
        "typical_volume": 1615.2,
        "trend": 0.615433,
        "fair_value": 3.453615,
        "relative_strength": -33.327175,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.574465,
        "energy": 10.648209,
        "activity_lines": [
          0.625,
          0.632545,
          0.638405,
          0.631017
        ]
      },
      {
        "date": "2024-12-20",
        "close": 0.625,
        "volume": 0,
        "typical_volume": 1600.2,
        "trend": 0.621333,
        "fair_value": 3.427494,
        "relative_strength": -26.076813,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.473168,
        "energy": 9.937968,
        "activity_lines": [
          0.625,
          0.626182,
          0.63769,
          0.631634
        ]
      },
      {
        "date": "2024-12-27",
        "close": 0.625,
        "volume": 0,
        "typical_volume": 1600.2,
        "trend": 0.624167,
        "fair_value": 3.401372,
        "relative_strength": -21.33519,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.372379,
        "energy": 11.472874,
        "activity_lines": [
          0.625,
          0.625,
          0.636881,
          0.631871
        ]
      },
      {
        "date": "2025-01-03",
        "close": 0.895,
        "volume": 500,
        "typical_volume": 1606.5,
        "trend": 0.633667,
        "fair_value": 3.376981,
        "relative_strength": 20.083074,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 83.462667,
        "energy": 72.329054,
        "activity_lines": [
          0.715,
          0.674091,
          0.66169,
          0.649344
        ]
      },
      {
        "date": "2025-01-10",
        "close": 0.95,
        "volume": 8460,
        "typical_volume": 1839.6,
        "trend": 0.645333,
        "fair_value": 3.352942,
        "relative_strength": 31.064331,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.810469,
        "energy": 97.395588,
        "activity_lines": [
          0.805333,
          0.728273,
          0.690357,
          0.669753
        ]
      },
      {
        "date": "2025-01-17",
        "close": 0.73,
        "volume": 14486,
        "typical_volume": 2544.65,
        "trend": 0.649667,
        "fair_value": 3.327494,
        "relative_strength": 2.044403,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.216135,
        "energy": 87.142467,
        "activity_lines": [
          0.800667,
          0.736545,
          0.696429,
          0.675215
        ]
      },
      {
        "date": "2025-01-24",
        "close": 0.655,
        "volume": 426,
        "typical_volume": 2565.95,
        "trend": 0.651333,
        "fair_value": 3.301564,
        "relative_strength": -6.141937,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.909405,
        "energy": 79.298315,
        "activity_lines": [
          0.764,
          0.729273,
          0.694762,
          0.675559
        ]
      },
      {
        "date": "2025-01-31",
        "close": 0.63,
        "volume": 124676,
        "typical_volume": 8739.25,
        "trend": 0.652,
        "fair_value": 3.275474,
        "relative_strength": -4.721086,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.949888,
        "energy": 33.362996,
        "activity_lines": [
          0.717,
          0.716909,
          0.690476,
          0.674183
        ]
      },
      {
        "date": "2025-02-07",
        "close": 0.63,
        "volume": 300,
        "typical_volume": 8734.25,
        "trend": 0.653,
        "fair_value": 3.249385,
        "relative_strength": 0.846957,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 1.945203,
        "energy": 26.095423,
        "activity_lines": [
          0.669667,
          0.704455,
          0.686071,
          0.672763
        ]
      },
      {
        "date": "2025-02-14",
        "close": 0.63,
        "volume": 140,
        "typical_volume": 8719.85,
        "trend": 0.654,
        "fair_value": 3.223295,
        "relative_strength": -1.852685,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.386885,
        "energy": 36.61125,
        "activity_lines": [
          0.64,
          0.691909,
          0.681548,
          0.67128
        ]
      },
      {
        "date": "2025-02-21",
        "close": 0.705,
        "volume": 468,
        "typical_volume": 8743.25,
        "trend": 0.6575,
        "fair_value": 3.197686,
        "relative_strength": 9.512657,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 0.46602,
        "energy": 23.268708,
        "activity_lines": [
          0.656667,
          0.692909,
          0.684048,
          0.67457
        ]
      },
      {
        "date": "2025-02-28",
        "close": 0.9,
        "volume": 10710,
        "typical_volume": 9266.85,
        "trend": 0.667333,
        "fair_value": 3.173327,
        "relative_strength": 39.089185,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.337244,
        "energy": 38.690975,
        "activity_lines": [
          0.74,
          0.727909,
          0.704643,
          0.690215
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1.04,
        "volume": 4198,
        "typical_volume": 9475.65,
        "trend": 0.681833,
        "fair_value": 3.149865,
        "relative_strength": 58.037464,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.747154,
        "energy": 87.397808,
        "activity_lines": [
          0.853667,
          0.783364,
          0.738619,
          0.714258
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1.15,
        "volume": 503,
        "typical_volume": 8963.85,
        "trend": 0.7,
        "fair_value": 3.127109,
        "relative_strength": 73.392624,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.671027,
        "energy": 96.532272,
        "activity_lines": [
          0.976667,
          0.851273,
          0.781405,
          0.744462
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1.15,
        "volume": 3918,
        "typical_volume": 9127.6,
        "trend": 0.718167,
        "fair_value": 3.104353,
        "relative_strength": 69.810136,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.700245,
        "energy": 95.213564,
        "activity_lines": [
          1.065,
          0.914545,
          0.82169,
          0.773495
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1.15,
        "volume": 0,
        "typical_volume": 9124.6,
        "trend": 0.736333,
        "fair_value": 3.081596,
        "relative_strength": 69.234062,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.262355,
        "energy": 92.280723,
        "activity_lines": [
          1.118667,
          0.974182,
          0.859476,
          0.801355
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1.5,
        "volume": 1512,
        "typical_volume": 9129.95,
        "trend": 0.766167,
        "fair_value": 3.061083,
        "relative_strength": 132.653907,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 99.001095,
        "energy": 99.586277,
        "activity_lines": [
          1.259333,
          1.089818,
          0.928095,
          0.850624
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1.8,
        "volume": 2073,
        "typical_volume": 8869.3,
        "trend": 0.806,
        "fair_value": 3.042494,
        "relative_strength": 174.440841,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 99.246018,
        "energy": 99.624723,
        "activity_lines": [
          1.46,
          1.244636,
          1.021119,
          0.917323
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1.64,
        "volume": 594,
        "typical_volume": 8783.95,
        "trend": 0.8405,
        "fair_value": 3.022878,
        "relative_strength": 135.800132,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.310271,
        "energy": 94.777777,
        "activity_lines": [
          1.556667,
          1.349091,
          1.09331,
          0.971129
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2.26,
        "volume": 1808,
        "typical_volume": 8747.55,
        "trend": 0.895667,
        "fair_value": 3.007237,
        "relative_strength": 199.571301,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 99.228901,
        "energy": 99.456714,
        "activity_lines": [
          1.827333,
          1.547909,
          1.219714,
          1.06271
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2.64,
        "volume": 1155,
        "typical_volume": 8796.35,
        "trend": 0.9635,
        "fair_value": 2.994032,
        "relative_strength": 222.04409,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 99.135465,
        "energy": 98.861154,
        "activity_lines": [
          2.150667,
          1.786182,
          1.374524,
          1.175247
        ]
      },
      {
        "date": "2025-05-09",
        "close": 3.9,
        "volume": 1383,
        "typical_volume": 8865.5,
        "trend": 1.063167,
        "fair_value": 2.988904,
        "relative_strength": 341.733957,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 99.855892,
        "energy": 96.918326,
        "activity_lines": [
          2.794667,
          2.218364,
          1.639738,
          1.364699
        ]
      },
      {
        "date": "2025-05-16",
        "close": 3.0,
        "volume": 3629,
        "typical_volume": 9046.95,
        "trend": 1.140167,
        "fair_value": 2.978006,
        "relative_strength": 216.270728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.402051,
        "energy": 69.905589,
        "activity_lines": [
          2.978667,
          2.432364,
          1.803643,
          1.489656
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2.4,
        "volume": 1579,
        "typical_volume": 9100.9,
        "trend": 1.199333,
        "fair_value": 2.963263,
        "relative_strength": 147.892836,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.44269,
        "energy": 68.595656,
        "activity_lines": [
          2.882667,
          2.501636,
          1.899095,
          1.570935
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2.46,
        "volume": 627,
        "typical_volume": 8709.25,
        "trend": 1.2605,
        "fair_value": 2.948904,
        "relative_strength": 144.14794,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.748078,
        "energy": 67.357877,
        "activity_lines": [
          2.756,
          2.559091,
          1.993095,
          1.652269
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2.44,
        "volume": 81,
        "typical_volume": 7989.0,
        "trend": 1.321,
        "fair_value": 2.934417,
        "relative_strength": 132.391327,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.670548,
        "energy": 58.060822,
        "activity_lines": [
          2.609333,
          2.589091,
          2.078,
          1.728366
        ]
      },
      {
        "date": "2025-06-13",
        "close": 3.2,
        "volume": 1790,
        "typical_volume": 8057.2,
        "trend": 1.406833,
        "fair_value": 2.924801,
        "relative_strength": 195.337664,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.211559,
        "energy": 56.852237,
        "activity_lines": [
          2.729333,
          2.733818,
          2.227143,
          1.849591
        ]
      },
      {
        "date": "2025-06-20",
        "close": 3.0,
        "volume": 942,
        "typical_volume": 1870.5,
        "trend": 1.486,
        "fair_value": 2.913904,
        "relative_strength": 168.73994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.114718,
        "energy": 57.831616,
        "activity_lines": [
          2.829333,
          2.811273,
          2.345119,
          1.952376
        ]
      },
      {
        "date": "2025-06-27",
        "close": 3.9,
        "volume": 2946,
        "typical_volume": 2002.8,
        "trend": 1.595167,
        "fair_value": 2.908776,
        "relative_strength": 226.539467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.209804,
        "energy": 68.883858,
        "activity_lines": [
          3.229333,
          3.030545,
          2.537524,
          2.108118
        ]
      },
      {
        "date": "2025-07-04",
        "close": 4.68,
        "volume": 1822,
        "typical_volume": 2086.9,
        "trend": 1.730333,
        "fair_value": 2.908647,
        "relative_strength": 267.545068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.038269,
        "energy": 87.169817,
        "activity_lines": [
          3.789333,
          3.350545,
          2.788643,
          2.30714
        ]
      },
      {
        "date": "2025-07-11",
        "close": 5.2,
        "volume": 2961,
        "typical_volume": 2211.55,
        "trend": 1.882833,
        "fair_value": 2.911853,
        "relative_strength": 275.824229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.049525,
        "energy": 96.724713,
        "activity_lines": [
          4.374667,
          3.721091,
          3.07,
          2.530989
        ]
      },
      {
        "date": "2025-07-18",
        "close": 5.1,
        "volume": 6001,
        "typical_volume": 1976.1,
        "trend": 2.032,
        "fair_value": 2.914417,
        "relative_strength": 247.280673,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.640027,
        "energy": 93.284611,
        "activity_lines": [
          4.742667,
          4.026909,
          3.320429,
          2.738548
        ]
      },
      {
        "date": "2025-07-25",
        "close": 5.0,
        "volume": 3506,
        "typical_volume": 1941.5,
        "trend": 2.177833,
        "fair_value": 2.91634,
        "relative_strength": 221.560432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.809617,
        "energy": 89.662787,
        "activity_lines": [
          4.950667,
          4.292727,
          3.541333,
          2.930032
        ]
      },
      {
        "date": "2025-08-01",
        "close": 4.6,
        "volume": 1677,
        "typical_volume": 2000.2,
        "trend": 2.301333,
        "fair_value": 2.915699,
        "relative_strength": 192.243467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.14054,
        "energy": 82.748155,
        "activity_lines": [
          4.892,
          4.449455,
          3.705286,
          3.086301
        ]
      },
      {
        "date": "2025-08-08",
        "close": 4.48,
        "volume": 2004,
        "typical_volume": 1904.5,
        "trend": 2.419,
        "fair_value": 2.914288,
        "relative_strength": 165.269261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.001465,
        "energy": 65.626252,
        "activity_lines": [
          4.746667,
          4.544364,
          3.841381,
          3.22686
        ]
      },
      {
        "date": "2025-08-15",
        "close": 4.54,
        "volume": 365,
        "typical_volume": 1922.75,
        "trend": 2.546,
        "fair_value": 2.913263,
        "relative_strength": 151.782752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.047794,
        "energy": 61.391525,
        "activity_lines": [
          4.634667,
          4.613455,
          3.967333,
          3.363699
        ]
      },
      {
        "date": "2025-08-22",
        "close": 5.0,
        "volume": 771,
        "typical_volume": 1885.7,
        "trend": 2.690833,
        "fair_value": 2.915186,
        "relative_strength": 163.493379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.131265,
        "energy": 59.735253,
        "activity_lines": [
          4.72,
          4.728,
          4.120952,
          3.522022
        ]
      },
      {
        "date": "2025-08-29",
        "close": 4.94,
        "volume": 5026,
        "typical_volume": 2033.35,
        "trend": 2.8345,
        "fair_value": 2.916724,
        "relative_strength": 157.620331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.940789,
        "energy": 53.70132,
        "activity_lines": [
          4.792,
          4.798909,
          4.25219,
          3.667129
        ]
      },
      {
        "date": "2025-09-05",
        "close": 5.0,
        "volume": 6157,
        "typical_volume": 2311.5,
        "trend": 2.980167,
        "fair_value": 2.918647,
        "relative_strength": 150.713121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.445873,
        "energy": 55.266762,
        "activity_lines": [
          4.888,
          4.845455,
          4.37419,
          3.806839
        ]
      },
      {
        "date": "2025-09-12",
        "close": 5.2,
        "volume": 815,
        "typical_volume": 2261.85,
        "trend": 3.1325,
        "fair_value": 2.921853,
        "relative_strength": 145.142741,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.26179,
        "energy": 59.092008,
        "activity_lines": [
          5.024,
          4.908364,
          4.499238,
          3.950054
        ]
      },
      {
        "date": "2025-09-19",
        "close": 5.5,
        "volume": 2972,
        "typical_volume": 2352.7,
        "trend": 3.292333,
        "fair_value": 2.926981,
        "relative_strength": 147.470796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.985777,
        "energy": 58.471197,
        "activity_lines": [
          5.212,
          5.016364,
          4.638857,
          4.102796
        ]
      },
      {
        "date": "2025-09-26",
        "close": 5.0,
        "volume": 3651,
        "typical_volume": 2466.1,
        "trend": 3.429,
        "fair_value": 2.928904,
        "relative_strength": 116.288956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.037749,
        "energy": 52.959688,
        "activity_lines": [
          5.169333,
          5.028,
          4.717238,
          4.212968
        ]
      },
      {
        "date": "2025-10-03",
        "close": 5.0,
        "volume": 527,
        "typical_volume": 2311.0,
        "trend": 3.561,
        "fair_value": 2.930827,
        "relative_strength": 103.472009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.287797,
        "energy": 48.756822,
        "activity_lines": [
          5.126667,
          5.041455,
          4.790381,
          4.314323
        ]
      },
      {
        "date": "2025-10-10",
        "close": 5.6,
        "volume": 432,
        "typical_volume": 2253.65,
        "trend": 3.709333,
        "fair_value": 2.936596,
        "relative_strength": 124.267328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.056923,
        "energy": 52.429671,
        "activity_lines": [
          5.28,
          5.164,
          4.911143,
          4.445871
        ]
      },
      {
        "date": "2025-10-17",
        "close": 5.7,
        "volume": 1130,
        "typical_volume": 2278.8,
        "trend": 3.861,
        "fair_value": 2.943006,
        "relative_strength": 113.22892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.742257,
        "energy": 50.636659,
        "activity_lines": [
          5.426667,
          5.286545,
          5.02619,
          4.574301
        ]
      },
      {
        "date": "2025-10-24",
        "close": 5.6,
        "volume": 339,
        "typical_volume": 2291.7,
        "trend": 4.009333,
        "fair_value": 2.948776,
        "relative_strength": 101.112719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.166244,
        "energy": 48.556887,
        "activity_lines": [
          5.506667,
          5.368727,
          5.116286,
          4.686495
        ]
      },
      {
        "date": "2025-10-31",
        "close": 5.0,
        "volume": 786,
        "typical_volume": 2241.5,
        "trend": 4.126,
        "fair_value": 2.950699,
        "relative_strength": 76.547904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.623959,
        "energy": 41.104984,
        "activity_lines": [
          5.38,
          5.322545,
          5.13419,
          4.750409
        ]
      },
      {
        "date": "2025-11-07",
        "close": 4.54,
        "volume": 1084,
        "typical_volume": 2248.6,
        "trend": 4.217333,
        "fair_value": 2.949673,
        "relative_strength": 59.478179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 28.661386,
        "energy": 19.373088,
        "activity_lines": [
          5.1,
          5.192727,
          5.099714,
          4.777118
        ]
      },
      {
        "date": "2025-11-14",
        "close": 5.4,
        "volume": 509,
        "typical_volume": 2126.75,
        "trend": 4.342667,
        "fair_value": 2.95416,
        "relative_strength": 79.052965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.494141,
        "energy": 19.554531,
        "activity_lines": [
          5.137333,
          5.226545,
          5.13981,
          4.853419
        ]
      },
      {
        "date": "2025-11-21",
        "close": 5.4,
        "volume": 295,
        "typical_volume": 2050.4,
        "trend": 4.447333,
        "fair_value": 2.958647,
        "relative_strength": 77.78959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.818209,
        "energy": 19.780007,
        "activity_lines": [
          5.188,
          5.253091,
          5.172762,
          4.921634
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5.05,
        "volume": 4756,
        "typical_volume": 2140.15,
        "trend": 4.527667,
        "fair_value": 2.960891,
        "relative_strength": 59.094658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.998019,
        "energy": 15.490294,
        "activity_lines": [
          5.142,
          5.212364,
          5.168952,
          4.960516
        ]
      },
      {
        "date": "2025-12-05",
        "close": 4.0,
        "volume": 1763,
        "typical_volume": 1928.25,
        "trend": 4.531,
        "fair_value": 2.956404,
        "relative_strength": 23.651918,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -7.430412,
        "energy": 10.082322,
        "activity_lines": [
          4.782667,
          4.988909,
          5.065857,
          4.926473
        ]
      },
      {
        "date": "2025-12-12",
        "close": 4.2,
        "volume": 4077,
        "typical_volume": 1956.8,
        "trend": 4.571,
        "fair_value": 2.953199,
        "relative_strength": 27.885703,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.349992,
        "energy": 24.035915,
        "activity_lines": [
          4.556667,
          4.82,
          4.987048,
          4.905118
        ]
      },
      {
        "date": "2025-12-19",
        "close": 4.16,
        "volume": 1223,
        "typical_volume": 1934.1,
        "trend": 4.629667,
        "fair_value": 2.949737,
        "relative_strength": 22.9169,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.777536,
        "energy": 43.440807,
        "activity_lines": [
          4.34,
          4.658364,
          4.908238,
          4.878602
        ]
      },
      {
        "date": "2025-12-26",
        "close": 4.16,
        "volume": 427,
        "typical_volume": 1855.25,
        "trend": 4.686333,
        "fair_value": 2.946276,
        "relative_strength": 21.236414,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.61208,
        "energy": 55.736049,
        "activity_lines": [
          4.206,
          4.522909,
          4.831524,
          4.848301
        ]
      },
      {
        "date": "2026-01-02",
        "close": 4.2,
        "volume": 899,
        "typical_volume": 1881.95,
        "trend": 4.745,
        "fair_value": 2.943071,
        "relative_strength": 18.929258,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.623426,
        "energy": 53.818022,
        "activity_lines": [
          4.168,
          4.422727,
          4.760143,
          4.816925
        ]
      },
      {
        "date": "2026-01-09",
        "close": 4.5,
        "volume": 283,
        "typical_volume": 1857.55,
        "trend": 4.788333,
        "fair_value": 2.941788,
        "relative_strength": 22.635723,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.696879,
        "energy": 39.80481,
        "activity_lines": [
          4.286667,
          4.402545,
          4.718952,
          4.801118
        ]
      },
      {
        "date": "2026-01-16",
        "close": 4.5,
        "volume": 1756,
        "typical_volume": 1694.05,
        "trend": 4.838333,
        "fair_value": 2.940506,
        "relative_strength": 21.765091,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -52.075179,
        "energy": 30.941019,
        "activity_lines": [
          4.372,
          4.391455,
          4.680143,
          4.782516
        ]
      },
      {
        "date": "2026-01-23",
        "close": 4.3,
        "volume": 1474,
        "typical_volume": 1459.9,
        "trend": 4.851667,
        "fair_value": 2.937942,
        "relative_strength": 15.792585,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.169801,
        "energy": 24.958625,
        "activity_lines": [
          4.370667,
          4.344727,
          4.624381,
          4.747785
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3.8,
        "volume": 1550,
        "typical_volume": 1496.65,
        "trend": 4.822333,
        "fair_value": 2.932173,
        "relative_strength": 0.88418,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.465238,
        "energy": 37.492589,
        "activity_lines": [
          4.193333,
          4.227091,
          4.524333,
          4.679935
        ]
      },
      {
        "date": "2026-02-06",
        "close": 4.3,
        "volume": 764,
        "typical_volume": 1386.25,
        "trend": 4.792333,
        "fair_value": 2.929609,
        "relative_strength": 10.112571,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.033024,
        "energy": 33.652739,
        "activity_lines": [
          4.206667,
          4.229455,
          4.478571,
          4.646237
        ]
      },
      {
        "date": "2026-02-13",
        "close": 4.3,
        "volume": 672,
        "typical_volume": 1237.3,
        "trend": 4.765667,
        "fair_value": 2.927045,
        "relative_strength": 7.678682,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.639774,
        "energy": 36.40056,
        "activity_lines": [
          4.213333,
          4.245455,
          4.438524,
          4.614473
        ]
      },
      {
        "date": "2026-02-20",
        "close": 4.0,
        "volume": 1450,
        "typical_volume": 1283.45,
        "trend": 4.732333,
        "fair_value": 2.922558,
        "relative_strength": -3.70771,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.802336,
        "energy": 41.314826,
        "activity_lines": [
          4.133333,
          4.201455,
          4.373238,
          4.565075
        ]
      },
      {
        "date": "2026-02-27",
        "close": 4.02,
        "volume": 461,
        "typical_volume": 1284.9,
        "trend": 4.713,
        "fair_value": 2.918199,
        "relative_strength": -5.297074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.689695,
        "energy": 38.021819,
        "activity_lines": [
          4.093333,
          4.164727,
          4.314619,
          4.519118
        ]
      },
      {
        "date": "2026-03-06",
        "close": 4.44,
        "volume": 1081,
        "typical_volume": 1282.45,
        "trend": 4.711667,
        "fair_value": 2.916532,
        "relative_strength": 10.446751,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.807669,
        "energy": 25.730161,
        "activity_lines": [
          4.212,
          4.206909,
          4.303524,
          4.501505
        ]
      },
      {
        "date": "2026-03-13",
        "close": 5.0,
        "volume": 2009,
        "typical_volume": 1365.95,
        "trend": 4.727,
        "fair_value": 2.918455,
        "relative_strength": 23.359997,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -5.549254,
        "energy": 9.105663,
        "activity_lines": [
          4.474667,
          4.345818,
          4.351762,
          4.520108
        ]
      },
      {
        "date": "2026-03-20",
        "close": 4.98,
        "volume": 1185,
        "typical_volume": 1385.9,
        "trend": 4.726333,
        "fair_value": 2.92025,
        "relative_strength": 24.44131,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 7.364957,
        "energy": 21.075956,
        "activity_lines": [
          4.684,
          4.466545,
          4.400952,
          4.53643
        ]
      },
      {
        "date": "2026-03-27",
        "close": 4.94,
        "volume": 658,
        "typical_volume": 1364.6,
        "trend": 4.726333,
        "fair_value": 2.921788,
        "relative_strength": 20.654494,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.167084,
        "energy": 32.314436,
        "activity_lines": [
          4.834667,
          4.571273,
          4.446429,
          4.550215
        ]
      },
      {
        "date": "2026-04-03",
        "close": 4.3,
        "volume": 226,
        "typical_volume": 1350.45,
        "trend": 4.703,
        "fair_value": 2.919224,
        "relative_strength": 0.375704,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.852965,
        "energy": 20.484861,
        "activity_lines": [
          4.709333,
          4.551636,
          4.429048,
          4.52271
        ]
      },
      {
        "date": "2026-04-10",
        "close": 4.4,
        "volume": 441,
        "typical_volume": 1357.75,
        "trend": 4.676333,
        "fair_value": 2.917301,
        "relative_strength": -1.964777,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.306275,
        "energy": 12.768876,
        "activity_lines": [
          4.598667,
          4.550182,
          4.426429,
          4.503161
        ]
      },
      {
        "date": "2026-04-17",
        "close": 4.8,
        "volume": 1453,
        "typical_volume": 1192.6,
        "trend": 4.653,
        "fair_value": 2.917942,
        "relative_strength": 3.582936,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.8979,
        "energy": 5.236038,
        "activity_lines": [
          4.624,
          4.610545,
          4.466667,
          4.51114
        ]
      },
      {
        "date": "2026-04-24",
        "close": 4.88,
        "volume": 893,
        "typical_volume": 1149.1,
        "trend": 4.649,
        "fair_value": 2.919096,
        "relative_strength": 7.637336,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.585024,
        "energy": 9.373645,
        "activity_lines": [
          4.689333,
          4.676364,
          4.515714,
          4.525785
        ]
      },
      {
        "date": "2026-05-01",
        "close": 4.62,
        "volume": 120,
        "typical_volume": 951.25,
        "trend": 4.636333,
        "fair_value": 2.918583,
        "relative_strength": 1.63488,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.398166,
        "energy": 9.271175,
        "activity_lines": [
          4.674667,
          4.684364,
          4.53581,
          4.523914
        ]
      },
      {
        "date": "2026-05-08",
        "close": 4.6,
        "volume": 251,
        "typical_volume": 902.65,
        "trend": 4.603,
        "fair_value": 2.917942,
        "relative_strength": 1.003417,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.019394,
        "energy": 11.535577,
        "activity_lines": [
          4.674667,
          4.677455,
          4.552,
          4.52157
        ]
      },
      {
        "date": "2026-05-15",
        "close": 4.32,
        "volume": 673,
        "typical_volume": 914.95,
        "trend": 4.557,
        "fair_value": 2.915506,
        "relative_strength": -3.772708,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -7.500052,
        "energy": 4.880163,
        "activity_lines": [
          4.561333,
          4.609091,
          4.539429,
          4.503312
        ]
      },
      {
        "date": "2026-05-22",
        "close": 4.3,
        "volume": 133,
        "typical_volume": 876.65,
        "trend": 4.513667,
        "fair_value": 2.912942,
        "relative_strength": -6.840979,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -12.95981,
        "energy": 14.214624,
        "activity_lines": [
          4.446667,
          4.539273,
          4.52419,
          4.486731
        ]
      },
      {
        "date": "2026-05-29",
        "close": 4.3,
        "volume": 229,
        "typical_volume": 873.95,
        "trend": 4.490333,
        "fair_value": 2.910378,
        "relative_strength": -8.256022,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -22.9889,
        "energy": 20.986711,
        "activity_lines": [
          4.365333,
          4.482182,
          4.508476,
          4.472946
        ]
      },
      {
        "date": "2026-06-05",
        "close": 4.68,
        "volume": 363,
        "typical_volume": 804.3,
        "trend": 4.495,
        "fair_value": 2.91025,
        "relative_strength": -1.422566,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.304166,
        "energy": 12.534684,
        "activity_lines": [
          4.449333,
          4.506545,
          4.529905,
          4.485183
        ]
      },
      {
        "date": "2026-06-12",
        "close": 4.3,
        "volume": 660,
        "typical_volume": 763.6,
        "trend": 4.458333,
        "fair_value": 2.907686,
        "relative_strength": -11.156545,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -15.769886,
        "energy": 15.358479,
        "activity_lines": [
          4.402667,
          4.466545,
          4.514286,
          4.472602
        ]
      },
      {
        "date": "2026-06-19",
        "close": 4.3,
        "volume": 0,
        "typical_volume": 686.1,
        "trend": 4.421667,
        "fair_value": 2.905122,
        "relative_strength": -12.233794,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -16.357488,
        "energy": 17.586093,
        "activity_lines": [
          4.376,
          4.426545,
          4.498667,
          4.462387
        ]
      },
      {
        "date": "2026-06-26",
        "close": 4.7,
        "volume": 0,
        "typical_volume": 647.9,
        "trend": 4.41,
        "fair_value": 2.905122,
        "relative_strength": -3.824563,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 35.642396,
        "energy": 16.27846,
        "activity_lines": [
          4.484,
          4.461091,
          4.518762,
          4.480344
        ]
      },
      {
        "date": "2026-07-03",
        "close": 4.7,
        "volume": 0,
        "typical_volume": 614.3,
        "trend": 4.433333,
        "fair_value": 2.905122,
        "relative_strength": -5.042796,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 39.215444,
        "energy": 19.696716,
        "activity_lines": [
          4.565333,
          4.497455,
          4.536952,
          4.499054
        ]
      },
      {
        "date": "2026-07-10",
        "close": 4.5,
        "volume": 1178,
        "typical_volume": 600.7,
        "trend": 4.443333,
        "fair_value": 2.90384,
        "relative_strength": -6.85644,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 30.441377,
        "energy": 18.495129,
        "activity_lines": [
          4.553333,
          4.500727,
          4.53419,
          4.503355
        ]
      },
      {
        "date": "2026-07-17",
        "close": 4.66,
        "volume": 567,
        "typical_volume": 606.0,
        "trend": 4.46,
        "fair_value": 2.903583,
        "relative_strength": -3.243752,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 38.802431,
        "energy": 26.762049,
        "activity_lines": [
          4.606667,
          4.535273,
          4.544286,
          4.517333
        ]
      },
      {
        "date": "2026-07-24",
        "close": 4.66,
        "volume": 283,
        "typical_volume": 566.1,
        "trend": 4.476667,
        "fair_value": 2.903327,
        "relative_strength": -3.368026,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 49.680141,
        "energy": 40.398582,
        "activity_lines": [
          4.636,
          4.568727,
          4.551333,
          4.530237
        ]
      },
      {
        "date": "2026-07-31",
        "close": 4.7,
        "volume": 60,
        "typical_volume": 468.65,
        "trend": 4.493333,
        "fair_value": 2.903327,
        "relative_strength": -3.928067,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.09477,
        "energy": 40.805379,
        "activity_lines": [
          4.654667,
          4.603273,
          4.561143,
          4.544645
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4.5,
        "volume": 98,
        "typical_volume": 414.3,
        "trend": 4.493333,
        "fair_value": 2.902045,
        "relative_strength": -9.995654,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 41.043163,
        "energy": 26.505467,
        "activity_lines": [
          4.606667,
          4.594182,
          4.553333,
          4.545075
        ]
      }
    ],
    "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."
    }
  }
}