{
  "ticker": {
    "uuid": "ecddc98d-de1d-4f3c-b5df-57628a0060d2",
    "symbol": "RADAAN",
    "name": "Radaan Mediaworks India Limited",
    "exchange": "NSI",
    "country": "IN",
    "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": "^NSEI",
    "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": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -35.065,
    "architecture_energy": 13.519,
    "architecture_maturity": 36.383,
    "architecture_confidence": 66.701,
    "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": 53.5,
        "rotation_up": 21.91,
        "upward_expansion": 13.51,
        "deceleration": 36.28,
        "rotation_down": 39.94,
        "downward_expansion": 63.51
      },
      "activity_lines": [
        3.020667,
        3.007818,
        3.047905,
        3.048989
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 2.98,
    "trend_reference": 3.056667,
    "distance_from_trend": -0.025082,
    "trend_direction": "Weakening",
    "fair_value": 3.110705,
    "distance_from_fair_value": -0.042018,
    "fair_value_direction": "Weakening",
    "relative_strength": -6.88548,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.035599,
    "excess_performance": 0.00811,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.025082,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.040996,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.042018,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.135375,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.068855,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.037122,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.035599,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.937516,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 135622,
      "relative_activity": 0.917947,
      "balance": 1.937516,
      "dry_up": 2.030076,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.111255,
      "annualized_volatility": 0.418017,
      "from_high_reference": -0.253133,
      "from_low_reference": 0.268085
    },
    "levels": {
      "trend_reference": 3.056667,
      "fair_value_reference": 3.110705,
      "structural_low": 2.35,
      "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": 16,
        "median_return": -0.017319,
        "positive_rate": 0.4375,
        "directional_follow_through": 0.4375,
        "median_excess_return": -0.023767,
        "regime_survival": 0.5,
        "best_return": 0.371429,
        "worst_return": -0.3,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.057143,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.046576,
        "regime_survival": 0.333333,
        "best_return": 1.057592,
        "worst_return": -0.288934,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.062973,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.032148,
        "regime_survival": 0.5,
        "best_return": 0.445714,
        "worst_return": -0.276639,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.092593,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.038419,
        "regime_survival": 0.5,
        "best_return": 1.285714,
        "worst_return": -0.403689,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-28",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.397906,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-08-16",
        "tenure": "Developing",
        "return": -0.146067,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-23",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.435185,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2025-01-24",
        "tenure": "Established",
        "return": 0.198473,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-31",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": -0.0275,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": 0.180516,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-11",
        "end": "2025-04-18",
        "tenure": "New",
        "return": -0.022785,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.097561,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": -0.288934,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-05",
        "end": "2025-09-19",
        "tenure": "New",
        "return": 0.034582,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-26",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": 0.023188,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-19",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": -0.196809,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-06",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.080906,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.080247,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1.65,
        "volume": 237607,
        "typical_volume": 32842.1,
        "trend": 1.791667,
        "fair_value": 1.408333,
        "relative_strength": -10.550167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.628502,
        "energy": 49.09818,
        "activity_lines": [
          1.586667,
          1.630909,
          1.68881,
          1.733118
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1.8,
        "volume": 174989,
        "typical_volume": 41591.55,
        "trend": 1.785,
        "fair_value": 1.411538,
        "relative_strength": -2.295138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.121653,
        "energy": 24.369113,
        "activity_lines": [
          1.653333,
          1.652727,
          1.694524,
          1.733656
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1.75,
        "volume": 309030,
        "typical_volume": 57043.05,
        "trend": 1.78,
        "fair_value": 1.414423,
        "relative_strength": -5.923132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.121846,
        "energy": 16.303422,
        "activity_lines": [
          1.693333,
          1.665455,
          1.695714,
          1.731398
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1.9,
        "volume": 550043,
        "typical_volume": 84545.2,
        "trend": 1.78,
        "fair_value": 1.418269,
        "relative_strength": -0.02139,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 1.84048,
        "energy": 19.070578,
        "activity_lines": [
          1.776667,
          1.708182,
          1.711667,
          1.73914
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1.95,
        "volume": 491229,
        "typical_volume": 109106.65,
        "trend": 1.781667,
        "fair_value": 1.422436,
        "relative_strength": 0.725327,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 36.419866,
        "energy": 40.277637,
        "activity_lines": [
          1.856667,
          1.757273,
          1.732143,
          1.750108
        ]
      },
      {
        "date": "2023-09-22",
        "close": 2.1,
        "volume": 571408,
        "typical_volume": 137677.05,
        "trend": 1.788333,
        "fair_value": 1.427564,
        "relative_strength": 10.945317,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 49.894192,
        "energy": 70.20476,
        "activity_lines": [
          1.953333,
          1.829091,
          1.766429,
          1.770645
        ]
      },
      {
        "date": "2023-09-29",
        "close": 2.1,
        "volume": 0,
        "typical_volume": 137677.05,
        "trend": 1.795,
        "fair_value": 1.432692,
        "relative_strength": 10.594963,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 55.854411,
        "energy": 79.438975,
        "activity_lines": [
          2.02,
          1.892727,
          1.799524,
          1.790753
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2.0,
        "volume": 439,
        "typical_volume": 137699.0,
        "trend": 1.798333,
        "fair_value": 1.437179,
        "relative_strength": 5.051601,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 66.78589,
        "energy": 82.073042,
        "activity_lines": [
          2.033333,
          1.93,
          1.821905,
          1.803978
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2.0,
        "volume": 0,
        "typical_volume": 137699.0,
        "trend": 1.803333,
        "fair_value": 1.441987,
        "relative_strength": 4.063652,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.025156,
        "energy": 78.750259,
        "activity_lines": [
          2.03,
          1.960909,
          1.843571,
          1.816989
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2.0,
        "volume": 0,
        "typical_volume": 135795.1,
        "trend": 1.808333,
        "fair_value": 1.446795,
        "relative_strength": 4.703905,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.753128,
        "energy": 59.97007,
        "activity_lines": [
          2.02,
          1.984545,
          1.864524,
          1.829677
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2.0,
        "volume": 0,
        "typical_volume": 130627.3,
        "trend": 1.813333,
        "fair_value": 1.451603,
        "relative_strength": 6.815526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.349737,
        "energy": 44.574534,
        "activity_lines": [
          2.006667,
          1.998182,
          1.88381,
          1.842043
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1.9,
        "volume": 1000,
        "typical_volume": 125033.6,
        "trend": 1.815,
        "fair_value": 1.45609,
        "relative_strength": 0.032009,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.433997,
        "energy": 30.63573,
        "activity_lines": [
          1.966667,
          1.987273,
          1.891429,
          1.847634
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1.8,
        "volume": 1021,
        "typical_volume": 116979.7,
        "trend": 1.813333,
        "fair_value": 1.461538,
        "relative_strength": -6.530376,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.380907,
        "energy": 19.267687,
        "activity_lines": [
          1.906667,
          1.956364,
          1.889048,
          1.846667
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1.6,
        "volume": 6211,
        "typical_volume": 117288.65,
        "trend": 1.805,
        "fair_value": 1.465705,
        "relative_strength": -18.106049,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -29.047663,
        "energy": 33.814403,
        "activity_lines": [
          1.793333,
          1.888182,
          1.868095,
          1.832903
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1.45,
        "volume": 307447,
        "typical_volume": 132660.0,
        "trend": 1.791667,
        "fair_value": 1.469231,
        "relative_strength": -25.634095,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -52.969328,
        "energy": 63.125201,
        "activity_lines": [
          1.656667,
          1.798182,
          1.833571,
          1.81
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1.5,
        "volume": 52770,
        "typical_volume": 135293.5,
        "trend": 1.78,
        "fair_value": 1.472436,
        "relative_strength": -24.577352,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.242724,
        "energy": 78.703183,
        "activity_lines": [
          1.573333,
          1.726364,
          1.805,
          1.791183
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1.45,
        "volume": 60069,
        "typical_volume": 138296.95,
        "trend": 1.766667,
        "fair_value": 1.475321,
        "relative_strength": -29.21474,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.651321,
        "energy": 80.317394,
        "activity_lines": [
          1.506667,
          1.656364,
          1.772381,
          1.769892
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1.45,
        "volume": 105495,
        "typical_volume": 143556.45,
        "trend": 1.753333,
        "fair_value": 1.477885,
        "relative_strength": -30.360358,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.483155,
        "energy": 90.713113,
        "activity_lines": [
          1.47,
          1.598182,
          1.740714,
          1.749462
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1.7,
        "volume": 64170,
        "typical_volume": 146759.95,
        "trend": 1.748333,
        "fair_value": 1.482051,
        "relative_strength": -17.500741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.268545,
        "energy": 82.08137,
        "activity_lines": [
          1.54,
          1.595455,
          1.73381,
          1.746022
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1.9,
        "volume": 297123,
        "typical_volume": 161502.55,
        "trend": 1.756667,
        "fair_value": 1.486859,
        "relative_strength": -9.19888,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.903031,
        "energy": 23.199122,
        "activity_lines": [
          1.67,
          1.634545,
          1.745476,
          1.755806
        ]
      },
      {
        "date": "2024-01-05",
        "close": 2.2,
        "volume": 581682,
        "typical_volume": 178706.3,
        "trend": 1.778333,
        "fair_value": 1.491987,
        "relative_strength": 5.285304,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.36818,
        "energy": 43.00815,
        "activity_lines": [
          1.87,
          1.73,
          1.783571,
          1.784409
        ]
      },
      {
        "date": "2024-01-12",
        "close": 2.1,
        "volume": 153355,
        "typical_volume": 177624.6,
        "trend": 1.788333,
        "fair_value": 1.498077,
        "relative_strength": 0.076776,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 63.163923,
        "energy": 55.415761,
        "activity_lines": [
          1.99,
          1.803636,
          1.809524,
          1.805161
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1.75,
        "volume": 51005,
        "typical_volume": 164723.35,
        "trend": 1.783333,
        "fair_value": 1.502885,
        "relative_strength": -14.946245,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 38.760911,
        "energy": 41.263902,
        "activity_lines": [
          1.95,
          1.81,
          1.800714,
          1.802688
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1.65,
        "volume": 128037,
        "typical_volume": 143623.05,
        "trend": 1.78,
        "fair_value": 1.507372,
        "relative_strength": -18.192462,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 24.025146,
        "energy": 25.809533,
        "activity_lines": [
          1.856667,
          1.799091,
          1.782381,
          1.794086
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1.75,
        "volume": 112912,
        "typical_volume": 124707.2,
        "trend": 1.781667,
        "fair_value": 1.512821,
        "relative_strength": -14.767254,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.147182,
        "energy": 1.882552,
        "activity_lines": [
          1.8,
          1.805455,
          1.774762,
          1.792151
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1.85,
        "volume": 97320,
        "typical_volume": 101002.8,
        "trend": 1.788333,
        "fair_value": 1.51891,
        "relative_strength": -9.202794,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.773784,
        "energy": 9.904071,
        "activity_lines": [
          1.786667,
          1.824545,
          1.777619,
          1.796559
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2.2,
        "volume": 413676,
        "typical_volume": 121686.6,
        "trend": 1.806667,
        "fair_value": 1.528205,
        "relative_strength": 6.843465,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 58.284177,
        "energy": 27.270323,
        "activity_lines": [
          1.913333,
          1.900909,
          1.815,
          1.823118
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2.4,
        "volume": 583805,
        "typical_volume": 150854.9,
        "trend": 1.831667,
        "fair_value": 1.538782,
        "relative_strength": 15.671539,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 77.016079,
        "energy": 68.878903,
        "activity_lines": [
          2.1,
          2.0,
          1.870952,
          1.861398
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2.4,
        "volume": 0,
        "typical_volume": 150854.9,
        "trend": 1.858333,
        "fair_value": 1.548718,
        "relative_strength": 15.031927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.974685,
        "energy": 80.676463,
        "activity_lines": [
          2.243333,
          2.081818,
          1.925,
          1.898065
        ]
      },
      {
        "date": "2024-03-08",
        "close": 2.3,
        "volume": 4829,
        "typical_volume": 151096.35,
        "trend": 1.886667,
        "fair_value": 1.557692,
        "relative_strength": 9.635191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.571807,
        "energy": 79.1519,
        "activity_lines": [
          2.303333,
          2.132727,
          1.967619,
          1.926559
        ]
      },
      {
        "date": "2024-03-15",
        "close": 2.2,
        "volume": 246,
        "typical_volume": 151108.65,
        "trend": 1.905,
        "fair_value": 1.566667,
        "relative_strength": 7.290858,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.043984,
        "energy": 76.742624,
        "activity_lines": [
          2.293333,
          2.158182,
          1.999286,
          1.946774
        ]
      },
      {
        "date": "2024-03-22",
        "close": 2.2,
        "volume": 0,
        "typical_volume": 151058.65,
        "trend": 1.918333,
        "fair_value": 1.575962,
        "relative_strength": 7.147235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.83446,
        "energy": 65.845107,
        "activity_lines": [
          2.26,
          2.183636,
          2.03,
          1.965806
        ]
      },
      {
        "date": "2024-03-29",
        "close": 2.1,
        "volume": 890,
        "typical_volume": 151052.1,
        "trend": 1.93,
        "fair_value": 1.583974,
        "relative_strength": 1.485395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.560216,
        "energy": 37.900547,
        "activity_lines": [
          2.193333,
          2.189091,
          2.049762,
          1.977527
        ]
      },
      {
        "date": "2024-04-05",
        "close": 2.0,
        "volume": 1325,
        "typical_volume": 150807.8,
        "trend": 1.933333,
        "fair_value": 1.591667,
        "relative_strength": -3.824219,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.94564,
        "energy": 22.608324,
        "activity_lines": [
          2.113333,
          2.17,
          2.058571,
          1.982043
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1.7,
        "volume": 98703,
        "typical_volume": 140370.6,
        "trend": 1.925,
        "fair_value": 1.597115,
        "relative_strength": -17.787243,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.366457,
        "energy": 21.037454,
        "activity_lines": [
          1.96,
          2.09,
          2.036905,
          1.966989
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1.6,
        "volume": 94650,
        "typical_volume": 142464.6,
        "trend": 1.908333,
        "fair_value": 1.601923,
        "relative_strength": -20.779239,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -44.058254,
        "energy": 47.409563,
        "activity_lines": [
          1.813333,
          1.992727,
          2.004524,
          1.946022
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1.55,
        "volume": 34915,
        "typical_volume": 141206.9,
        "trend": 1.89,
        "fair_value": 1.606731,
        "relative_strength": -23.653524,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.389787,
        "energy": 74.431335,
        "activity_lines": [
          1.69,
          1.890909,
          1.966905,
          1.922903
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1.65,
        "volume": 53479,
        "typical_volume": 138606.1,
        "trend": 1.878333,
        "fair_value": 1.611859,
        "relative_strength": -18.42817,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.643929,
        "energy": 71.004346,
        "activity_lines": [
          1.643333,
          1.819091,
          1.938333,
          1.907419
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1.8,
        "volume": 23855,
        "typical_volume": 136590.35,
        "trend": 1.871667,
        "fair_value": 1.617308,
        "relative_strength": -8.937876,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.952346,
        "energy": 67.076525,
        "activity_lines": [
          1.676667,
          1.788182,
          1.923095,
          1.902366
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2.1,
        "volume": 78462,
        "typical_volume": 125657.3,
        "trend": 1.875,
        "fair_value": 1.624038,
        "relative_strength": 4.478878,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 11.994695,
        "energy": 23.764488,
        "activity_lines": [
          1.823333,
          1.822727,
          1.935952,
          1.917097
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2.6,
        "volume": 538618,
        "typical_volume": 123504.1,
        "trend": 1.895,
        "fair_value": 1.633974,
        "relative_strength": 26.228657,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 72.225168,
        "energy": 54.798574,
        "activity_lines": [
          2.11,
          1.951818,
          1.995476,
          1.963871
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2.25,
        "volume": 203345,
        "typical_volume": 126003.6,
        "trend": 1.906667,
        "fair_value": 1.641667,
        "relative_strength": 11.045695,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 54.155646,
        "energy": 52.283067,
        "activity_lines": [
          2.213333,
          2.01,
          2.019762,
          1.986774
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2.1,
        "volume": 122865,
        "typical_volume": 129596.6,
        "trend": 1.916667,
        "fair_value": 1.646474,
        "relative_strength": 0.120256,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 60.059902,
        "energy": 53.938066,
        "activity_lines": [
          2.22,
          2.04,
          2.029048,
          1.999247
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1.95,
        "volume": 59126,
        "typical_volume": 126151.05,
        "trend": 1.928333,
        "fair_value": 1.648718,
        "relative_strength": -7.479111,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.735938,
        "energy": 42.714653,
        "activity_lines": [
          2.146667,
          2.042727,
          2.022381,
          2.001398
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1.87,
        "volume": 240158,
        "typical_volume": 132513.35,
        "trend": 1.942333,
        "fair_value": 1.650128,
        "relative_strength": -10.985354,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.652082,
        "energy": 13.027462,
        "activity_lines": [
          2.036667,
          2.031818,
          2.006667,
          1.997634
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1.91,
        "volume": 106158,
        "typical_volume": 132955.25,
        "trend": 1.956,
        "fair_value": 1.652756,
        "relative_strength": -10.786987,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.752229,
        "energy": 15.100262,
        "activity_lines": [
          1.955333,
          2.025091,
          1.99419,
          1.995548
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2.35,
        "volume": 285636,
        "typical_volume": 126553.25,
        "trend": 1.986,
        "fair_value": 1.660128,
        "relative_strength": 8.148777,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.079131,
        "energy": 22.310916,
        "activity_lines": [
          2.066667,
          2.092727,
          2.023333,
          2.020968
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2.67,
        "volume": 1121007,
        "typical_volume": 153413.35,
        "trend": 2.026667,
        "fair_value": 1.670833,
        "relative_strength": 21.337823,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 74.388821,
        "energy": 48.591203,
        "activity_lines": [
          2.278,
          2.204,
          2.082238,
          2.065097
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2.67,
        "volume": 0,
        "typical_volume": 153413.35,
        "trend": 2.059,
        "fair_value": 1.681859,
        "relative_strength": 20.54316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.003487,
        "energy": 78.708349,
        "activity_lines": [
          2.451333,
          2.296727,
          2.139857,
          2.106602
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2.53,
        "volume": 2915,
        "typical_volume": 153317.65,
        "trend": 2.08,
        "fair_value": 1.692308,
        "relative_strength": 12.39642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.496743,
        "energy": 76.857392,
        "activity_lines": [
          2.53,
          2.348182,
          2.182857,
          2.136989
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2.53,
        "volume": 0,
        "typical_volume": 153305.35,
        "trend": 2.091,
        "fair_value": 1.703077,
        "relative_strength": 12.443009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.855651,
        "energy": 77.698937,
        "activity_lines": [
          2.564667,
          2.391818,
          2.224762,
          2.166022
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2.4,
        "volume": 2156,
        "typical_volume": 153413.15,
        "trend": 2.101,
        "fair_value": 1.71141,
        "relative_strength": 7.655633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.585462,
        "energy": 67.041708,
        "activity_lines": [
          2.514667,
          2.413091,
          2.252714,
          2.185957
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2.28,
        "volume": 85762,
        "typical_volume": 157656.75,
        "trend": 2.118667,
        "fair_value": 1.717692,
        "relative_strength": 1.390236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.847678,
        "energy": 36.582412,
        "activity_lines": [
          2.421333,
          2.409818,
          2.268286,
          2.197505
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2.16,
        "volume": 89623,
        "typical_volume": 162071.65,
        "trend": 2.135667,
        "fair_value": 1.721603,
        "relative_strength": -4.909292,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.202765,
        "energy": 19.126194,
        "activity_lines": [
          2.314,
          2.381455,
          2.271571,
          2.200172
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2.05,
        "volume": 13928,
        "typical_volume": 157832.9,
        "trend": 2.145667,
        "fair_value": 1.725128,
        "relative_strength": -11.063301,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.845829,
        "energy": 21.22766,
        "activity_lines": [
          2.204,
          2.329273,
          2.263619,
          2.194645
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1.94,
        "volume": 66800,
        "typical_volume": 156440.4,
        "trend": 2.148667,
        "fair_value": 1.729231,
        "relative_strength": -14.214382,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -25.941875,
        "energy": 36.43041,
        "activity_lines": [
          2.089333,
          2.253818,
          2.243524,
          2.181376
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2.45,
        "volume": 193231,
        "typical_volume": 164356.2,
        "trend": 2.157,
        "fair_value": 1.735321,
        "relative_strength": 6.181494,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.240563,
        "energy": 29.574023,
        "activity_lines": [
          2.184,
          2.270545,
          2.270381,
          2.200817
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3.1,
        "volume": 751845,
        "typical_volume": 199274.5,
        "trend": 2.180333,
        "fair_value": 1.746538,
        "relative_strength": 31.714298,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 78.000131,
        "energy": 52.711132,
        "activity_lines": [
          2.492,
          2.403636,
          2.354857,
          2.261656
        ]
      },
      {
        "date": "2024-09-27",
        "close": 3.93,
        "volume": 343251,
        "typical_volume": 215244.3,
        "trend": 2.231333,
        "fair_value": 1.763077,
        "relative_strength": 63.021276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.201002,
        "energy": 94.896793,
        "activity_lines": [
          3.022,
          2.679818,
          2.511476,
          2.374538
        ]
      },
      {
        "date": "2024-10-04",
        "close": 3.19,
        "volume": 831596,
        "typical_volume": 252901.0,
        "trend": 2.261,
        "fair_value": 1.774551,
        "relative_strength": 37.743401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.001829,
        "energy": 86.643284,
        "activity_lines": [
          3.187333,
          2.798545,
          2.587476,
          2.436387
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3.44,
        "volume": 994520,
        "typical_volume": 275696.1,
        "trend": 2.302333,
        "fair_value": 1.787308,
        "relative_strength": 47.716861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.421811,
        "energy": 89.867555,
        "activity_lines": [
          3.36,
          2.950727,
          2.682095,
          2.512452
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3.33,
        "volume": 652014,
        "typical_volume": 298129.55,
        "trend": 2.34,
        "fair_value": 1.800321,
        "relative_strength": 42.696554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.487275,
        "energy": 86.222869,
        "activity_lines": [
          3.396,
          3.066364,
          2.762238,
          2.578753
        ]
      },
      {
        "date": "2024-10-25",
        "close": 3.84,
        "volume": 723411,
        "typical_volume": 328156.85,
        "trend": 2.398,
        "fair_value": 1.816282,
        "relative_strength": 67.289038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.127186,
        "energy": 68.808787,
        "activity_lines": [
          3.543333,
          3.257818,
          2.88581,
          2.675527
        ]
      },
      {
        "date": "2024-11-01",
        "close": 3.94,
        "volume": 281806,
        "typical_volume": 339290.85,
        "trend": 2.462667,
        "fair_value": 1.833205,
        "relative_strength": 68.610457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.502608,
        "energy": 68.475246,
        "activity_lines": [
          3.674667,
          3.439091,
          3.010619,
          2.775011
        ]
      },
      {
        "date": "2024-11-08",
        "close": 3.99,
        "volume": 258019,
        "typical_volume": 340183.9,
        "trend": 2.539,
        "fair_value": 1.850128,
        "relative_strength": 69.395576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.802476,
        "energy": 67.575259,
        "activity_lines": [
          3.822,
          3.597091,
          3.130714,
          2.873548
        ]
      },
      {
        "date": "2024-11-15",
        "close": 4.3,
        "volume": 262279,
        "typical_volume": 347989.95,
        "trend": 2.629,
        "fair_value": 1.869038,
        "relative_strength": 83.651345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.247305,
        "energy": 76.901616,
        "activity_lines": [
          4.019333,
          3.776182,
          3.270238,
          2.987161
        ]
      },
      {
        "date": "2024-11-22",
        "close": 4.63,
        "volume": 86289,
        "typical_volume": 338022.6,
        "trend": 2.731667,
        "fair_value": 1.888782,
        "relative_strength": 90.220316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.45923,
        "energy": 87.229493,
        "activity_lines": [
          4.269333,
          3.972364,
          3.42981,
          3.116258
        ]
      },
      {
        "date": "2024-11-29",
        "close": 5.08,
        "volume": 86196,
        "typical_volume": 286282.05,
        "trend": 2.846,
        "fair_value": 1.909808,
        "relative_strength": 101.574668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.633336,
        "energy": 92.448931,
        "activity_lines": [
          4.582667,
          4.210727,
          3.621381,
          3.267763
        ]
      },
      {
        "date": "2024-12-06",
        "close": 5.57,
        "volume": 609304,
        "typical_volume": 316747.25,
        "trend": 2.971667,
        "fair_value": 1.934936,
        "relative_strength": 110.065596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.524137,
        "energy": 95.005261,
        "activity_lines": [
          4.976667,
          4.502182,
          3.848143,
          3.443505
        ]
      },
      {
        "date": "2024-12-13",
        "close": 6.13,
        "volume": 80724,
        "typical_volume": 320637.7,
        "trend": 3.106,
        "fair_value": 1.965256,
        "relative_strength": 123.154732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.465151,
        "energy": 97.066059,
        "activity_lines": [
          5.448667,
          4.865636,
          4.114429,
          3.647269
        ]
      },
      {
        "date": "2024-12-20",
        "close": 6.74,
        "volume": 64894,
        "typical_volume": 323882.4,
        "trend": 3.244,
        "fair_value": 1.999808,
        "relative_strength": 148.75347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.927427,
        "energy": 98.011754,
        "activity_lines": [
          5.981333,
          5.286545,
          4.421667,
          3.88172
        ]
      },
      {
        "date": "2024-12-27",
        "close": 7.28,
        "volume": 63323,
        "typical_volume": 326940.75,
        "trend": 3.411667,
        "fair_value": 2.037821,
        "relative_strength": 156.752069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.318781,
        "energy": 98.303301,
        "activity_lines": [
          6.531333,
          5.745636,
          4.760286,
          4.142108
        ]
      },
      {
        "date": "2025-01-03",
        "close": 6.83,
        "volume": 360603,
        "typical_volume": 340682.8,
        "trend": 3.569333,
        "fair_value": 2.071346,
        "relative_strength": 132.094085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.87244,
        "energy": 90.808172,
        "activity_lines": [
          6.754667,
          6.051091,
          5.03281,
          4.362645
        ]
      },
      {
        "date": "2025-01-10",
        "close": 6.15,
        "volume": 40317,
        "typical_volume": 338217.5,
        "trend": 3.709333,
        "fair_value": 2.09891,
        "relative_strength": 108.648116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.59848,
        "energy": 88.511707,
        "activity_lines": [
          6.634667,
          6.178545,
          5.218905,
          4.52914
        ]
      },
      {
        "date": "2025-01-17",
        "close": 5.53,
        "volume": 40705,
        "typical_volume": 339556.35,
        "trend": 3.831333,
        "fair_value": 2.1225,
        "relative_strength": 85.008035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.721823,
        "energy": 67.141309,
        "activity_lines": [
          6.269333,
          6.153091,
          5.326952,
          4.646602
        ]
      },
      {
        "date": "2025-01-24",
        "close": 4.71,
        "volume": 488870,
        "typical_volume": 360659.85,
        "trend": 3.924667,
        "fair_value": 2.142115,
        "relative_strength": 55.393168,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.022324,
        "energy": 44.032729,
        "activity_lines": [
          5.670667,
          5.950545,
          5.340333,
          4.70329
        ]
      },
      {
        "date": "2025-01-31",
        "close": 4.0,
        "volume": 661061,
        "typical_volume": 384051.35,
        "trend": 3.979667,
        "fair_value": 2.158782,
        "relative_strength": 27.943828,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.491992,
        "energy": 33.053888,
        "activity_lines": [
          4.970667,
          5.611455,
          5.272905,
          4.708151
        ]
      },
      {
        "date": "2025-02-07",
        "close": 4.66,
        "volume": 502211,
        "typical_volume": 371569.65,
        "trend": 4.046,
        "fair_value": 2.179038,
        "relative_strength": 46.340108,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.340159,
        "energy": 35.582173,
        "activity_lines": [
          4.709333,
          5.403818,
          5.260952,
          4.752043
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4.21,
        "volume": 36485,
        "typical_volume": 356231.35,
        "trend": 4.097333,
        "fair_value": 2.198013,
        "relative_strength": 34.244634,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.292961,
        "energy": 35.792197,
        "activity_lines": [
          4.442667,
          5.122,
          5.198714,
          4.762624
        ]
      },
      {
        "date": "2025-02-21",
        "close": 3.91,
        "volume": 140638,
        "typical_volume": 321683.45,
        "trend": 4.143333,
        "fair_value": 2.216346,
        "relative_strength": 24.298475,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -18.04113,
        "energy": 40.338147,
        "activity_lines": [
          4.205333,
          4.810364,
          5.106571,
          4.750538
        ]
      },
      {
        "date": "2025-02-28",
        "close": 3.89,
        "volume": 90181,
        "typical_volume": 276466.5,
        "trend": 4.188667,
        "fair_value": 2.23391,
        "relative_strength": 26.211432,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -34.563641,
        "energy": 45.123249,
        "activity_lines": [
          4.069333,
          4.535455,
          5.009095,
          4.734194
        ]
      },
      {
        "date": "2025-03-07",
        "close": 3.49,
        "volume": 114172,
        "typical_volume": 249574.4,
        "trend": 4.225,
        "fair_value": 2.24859,
        "relative_strength": 10.286191,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.100865,
        "energy": 67.42057,
        "activity_lines": [
          3.854667,
          4.239636,
          4.871381,
          4.689118
        ]
      },
      {
        "date": "2025-03-14",
        "close": 3.58,
        "volume": 170934,
        "typical_volume": 221950.55,
        "trend": 4.268333,
        "fair_value": 2.262885,
        "relative_strength": 12.986395,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.860729,
        "energy": 63.808898,
        "activity_lines": [
          3.704,
          4.029091,
          4.741476,
          4.647505
        ]
      },
      {
        "date": "2025-03-21",
        "close": 3.94,
        "volume": 148699,
        "typical_volume": 215295.2,
        "trend": 4.327667,
        "fair_value": 2.277885,
        "relative_strength": 18.161008,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.487177,
        "energy": 43.525781,
        "activity_lines": [
          3.745333,
          3.943091,
          4.647095,
          4.626323
        ]
      },
      {
        "date": "2025-03-28",
        "close": 3.58,
        "volume": 188626,
        "typical_volume": 211825.55,
        "trend": 4.378667,
        "fair_value": 2.288974,
        "relative_strength": 5.764962,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.806676,
        "energy": 43.845454,
        "activity_lines": [
          3.684667,
          3.831818,
          4.518429,
          4.578086
        ]
      },
      {
        "date": "2025-04-04",
        "close": 4.12,
        "volume": 166280,
        "typical_volume": 207025.6,
        "trend": 4.451333,
        "fair_value": 2.304487,
        "relative_strength": 23.483796,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.631042,
        "energy": 31.825513,
        "activity_lines": [
          3.826,
          3.854182,
          4.443143,
          4.561398
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3.95,
        "volume": 65144,
        "typical_volume": 205968.35,
        "trend": 4.501333,
        "fair_value": 2.319872,
        "relative_strength": 17.272119,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.410368,
        "energy": 21.909867,
        "activity_lines": [
          3.895333,
          3.856364,
          4.352524,
          4.529054
        ]
      },
      {
        "date": "2025-04-18",
        "close": 3.86,
        "volume": 35021,
        "typical_volume": 203409.6,
        "trend": 4.526667,
        "fair_value": 2.335321,
        "relative_strength": 8.418414,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -43.839056,
        "energy": 31.196798,
        "activity_lines": [
          3.904,
          3.843091,
          4.256571,
          4.487677
        ]
      },
      {
        "date": "2025-04-25",
        "close": 3.69,
        "volume": 46069,
        "typical_volume": 175247.85,
        "trend": 4.518667,
        "fair_value": 2.35,
        "relative_strength": 1.728584,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.607585,
        "energy": 33.486817,
        "activity_lines": [
          3.837333,
          3.813455,
          4.150238,
          4.433699
        ]
      },
      {
        "date": "2025-05-02",
        "close": 3.52,
        "volume": 39903,
        "typical_volume": 173206.8,
        "trend": 4.529667,
        "fair_value": 2.36359,
        "relative_strength": -5.044393,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.760185,
        "energy": 63.029401,
        "activity_lines": [
          3.730667,
          3.762364,
          4.036667,
          4.369269
        ]
      },
      {
        "date": "2025-05-09",
        "close": 3.44,
        "volume": 85946,
        "typical_volume": 174259.4,
        "trend": 4.529667,
        "fair_value": 2.375064,
        "relative_strength": -6.620678,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.542714,
        "energy": 78.047227,
        "activity_lines": [
          3.601333,
          3.703818,
          3.927905,
          4.298968
        ]
      },
      {
        "date": "2025-05-16",
        "close": 3.77,
        "volume": 191441,
        "typical_volume": 180665.3,
        "trend": 4.544333,
        "fair_value": 2.388654,
        "relative_strength": -2.500321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.904186,
        "energy": 66.734737,
        "activity_lines": [
          3.627333,
          3.713455,
          3.866286,
          4.249957
        ]
      },
      {
        "date": "2025-05-23",
        "close": 3.84,
        "volume": 168471,
        "typical_volume": 171058.7,
        "trend": 4.544333,
        "fair_value": 2.403654,
        "relative_strength": -0.534654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.978185,
        "energy": 48.036572,
        "activity_lines": [
          3.688667,
          3.730727,
          3.828048,
          4.204516
        ]
      },
      {
        "date": "2025-05-30",
        "close": 4.07,
        "volume": 240000,
        "typical_volume": 181042.85,
        "trend": 4.548667,
        "fair_value": 2.420769,
        "relative_strength": 5.019708,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.929461,
        "energy": 27.598024,
        "activity_lines": [
          3.828,
          3.785091,
          3.825952,
          4.173914
        ]
      },
      {
        "date": "2025-06-06",
        "close": 4.05,
        "volume": 297581,
        "typical_volume": 193886.65,
        "trend": 4.550667,
        "fair_value": 2.438077,
        "relative_strength": 2.544467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.070594,
        "energy": 18.063296,
        "activity_lines": [
          3.935333,
          3.833455,
          3.831857,
          4.141742
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4.88,
        "volume": 1045780,
        "typical_volume": 221732.15,
        "trend": 4.57,
        "fair_value": 2.461987,
        "relative_strength": 23.266013,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 14.517326,
        "energy": 24.344939,
        "activity_lines": [
          4.284,
          4.024182,
          3.923857,
          4.162989
        ]
      },
      {
        "date": "2025-06-20",
        "close": 4.52,
        "volume": 698769,
        "typical_volume": 223617.55,
        "trend": 4.566333,
        "fair_value": 2.484231,
        "relative_strength": 11.043291,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.883616,
        "energy": 24.711446,
        "activity_lines": [
          4.416667,
          4.135636,
          3.980762,
          4.159763
        ]
      },
      {
        "date": "2025-06-27",
        "close": 4.26,
        "volume": 588537,
        "typical_volume": 227933.85,
        "trend": 4.539,
        "fair_value": 2.504487,
        "relative_strength": 1.468432,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.481984,
        "energy": 22.72755,
        "activity_lines": [
          4.412667,
          4.189455,
          4.010429,
          4.14
        ]
      },
      {
        "date": "2025-07-04",
        "close": 4.21,
        "volume": 396745,
        "typical_volume": 245946.85,
        "trend": 4.493667,
        "fair_value": 2.525385,
        "relative_strength": 0.165253,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.6818,
        "energy": 21.092447,
        "activity_lines": [
          4.364,
          4.226909,
          4.037238,
          4.118774
        ]
      },
      {
        "date": "2025-07-11",
        "close": 4.32,
        "volume": 323764,
        "typical_volume": 255103.15,
        "trend": 4.433333,
        "fair_value": 2.545385,
        "relative_strength": 3.298284,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.604363,
        "energy": 13.218372,
        "activity_lines": [
          4.342667,
          4.274909,
          4.074524,
          4.10757
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4.11,
        "volume": 189953,
        "typical_volume": 260091.75,
        "trend": 4.345667,
        "fair_value": 2.562436,
        "relative_strength": -1.643294,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.631095,
        "energy": 6.944383,
        "activity_lines": [
          4.233333,
          4.270182,
          4.089857,
          4.08671
        ]
      },
      {
        "date": "2025-07-25",
        "close": 4.01,
        "volume": 109520,
        "typical_volume": 259859.15,
        "trend": 4.236667,
        "fair_value": 2.578526,
        "relative_strength": -4.184673,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.403376,
        "energy": 12.864488,
        "activity_lines": [
          4.142,
          4.235091,
          4.094619,
          4.065054
        ]
      },
      {
        "date": "2025-08-01",
        "close": 3.88,
        "volume": 265327,
        "typical_volume": 264578.8,
        "trend": 4.138333,
        "fair_value": 2.594744,
        "relative_strength": -6.856634,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.519512,
        "energy": 12.2531,
        "activity_lines": [
          4.041333,
          4.172,
          4.084524,
          4.042043
        ]
      },
      {
        "date": "2025-08-08",
        "close": 3.86,
        "volume": 163260,
        "typical_volume": 265306.85,
        "trend": 4.062,
        "fair_value": 2.610833,
        "relative_strength": -7.199141,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -13.527444,
        "energy": 16.243476,
        "activity_lines": [
          3.959333,
          4.104545,
          4.071095,
          4.024086
        ]
      },
      {
        "date": "2025-08-15",
        "close": 3.74,
        "volume": 122035,
        "typical_volume": 261977.3,
        "trend": 4.002333,
        "fair_value": 2.625192,
        "relative_strength": -11.648979,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -19.658428,
        "energy": 21.239017,
        "activity_lines": [
          3.860667,
          4.019091,
          4.046619,
          4.003312
        ]
      },
      {
        "date": "2025-08-22",
        "close": 3.73,
        "volume": 124649,
        "typical_volume": 259895.75,
        "trend": 3.969667,
        "fair_value": 2.639167,
        "relative_strength": -13.34183,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -20.492313,
        "energy": 27.656882,
        "activity_lines": [
          3.797333,
          3.937455,
          4.020429,
          3.985742
        ]
      },
      {
        "date": "2025-08-29",
        "close": 3.47,
        "volume": 172316,
        "typical_volume": 265254.35,
        "trend": 3.952,
        "fair_value": 2.651795,
        "relative_strength": -18.470467,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -30.741084,
        "energy": 41.486751,
        "activity_lines": [
          3.672667,
          3.829455,
          3.971333,
          3.953505
        ]
      },
      {
        "date": "2025-09-05",
        "close": 3.47,
        "volume": 278908,
        "typical_volume": 277448.7,
        "trend": 3.912333,
        "fair_value": 2.664103,
        "relative_strength": -20.054443,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.731146,
        "energy": 44.493901,
        "activity_lines": [
          3.584,
          3.740545,
          3.924524,
          3.922409
        ]
      },
      {
        "date": "2025-09-12",
        "close": 3.47,
        "volume": 184002,
        "typical_volume": 284345.35,
        "trend": 3.887667,
        "fair_value": 2.675449,
        "relative_strength": -21.598882,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.120363,
        "energy": 53.906923,
        "activity_lines": [
          3.522667,
          3.666,
          3.879571,
          3.893871
        ]
      },
      {
        "date": "2025-09-19",
        "close": 3.59,
        "volume": 206528,
        "typical_volume": 292676.6,
        "trend": 3.877,
        "fair_value": 2.688526,
        "relative_strength": -19.758599,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.396321,
        "energy": 59.439915,
        "activity_lines": [
          3.527333,
          3.626727,
          3.847095,
          3.874667
        ]
      },
      {
        "date": "2025-09-26",
        "close": 3.45,
        "volume": 167419,
        "typical_volume": 296750.25,
        "trend": 3.862333,
        "fair_value": 2.701667,
        "relative_strength": -20.696929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.755835,
        "energy": 56.504865,
        "activity_lines": [
          3.495333,
          3.575273,
          3.800952,
          3.847118
        ]
      },
      {
        "date": "2025-10-03",
        "close": 3.5,
        "volume": 111082,
        "typical_volume": 292732.3,
        "trend": 3.862667,
        "fair_value": 2.713846,
        "relative_strength": -20.435109,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.078347,
        "energy": 47.272353,
        "activity_lines": [
          3.498667,
          3.544909,
          3.759524,
          3.823742
        ]
      },
      {
        "date": "2025-10-10",
        "close": 3.39,
        "volume": 320844,
        "typical_volume": 300350.95,
        "trend": 3.856333,
        "fair_value": 2.726923,
        "relative_strength": -24.096918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.444468,
        "energy": 39.490305,
        "activity_lines": [
          3.463333,
          3.503818,
          3.708905,
          3.793247
        ]
      },
      {
        "date": "2025-10-17",
        "close": 3.42,
        "volume": 156723,
        "typical_volume": 296187.1,
        "trend": 3.839,
        "fair_value": 2.739872,
        "relative_strength": -24.681683,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.05389,
        "energy": 38.671472,
        "activity_lines": [
          3.443333,
          3.477091,
          3.663286,
          3.765097
        ]
      },
      {
        "date": "2025-10-24",
        "close": 3.44,
        "volume": 157937,
        "typical_volume": 289204.9,
        "trend": 3.834333,
        "fair_value": 2.753269,
        "relative_strength": -24.281962,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.975439,
        "energy": 35.555018,
        "activity_lines": [
          3.433333,
          3.462,
          3.622667,
          3.739355
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3.4,
        "volume": 153756,
        "typical_volume": 244603.7,
        "trend": 3.810333,
        "fair_value": 2.76641,
        "relative_strength": -24.703807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.559988,
        "energy": 36.774371,
        "activity_lines": [
          3.42,
          3.445091,
          3.581143,
          3.711333
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3.19,
        "volume": 230756,
        "typical_volume": 221203.05,
        "trend": 3.785,
        "fair_value": 2.778205,
        "relative_strength": -28.403161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.646268,
        "energy": 41.635654,
        "activity_lines": [
          3.34,
          3.396,
          3.526667,
          3.671312
        ]
      },
      {
        "date": "2025-11-14",
        "close": 3.14,
        "volume": 232425,
        "typical_volume": 203397.45,
        "trend": 3.761,
        "fair_value": 2.788077,
        "relative_strength": -30.188963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.425192,
        "energy": 48.710726,
        "activity_lines": [
          3.264,
          3.342909,
          3.473762,
          3.629699
        ]
      },
      {
        "date": "2025-11-21",
        "close": 3.3,
        "volume": 219479,
        "typical_volume": 194534.15,
        "trend": 3.748,
        "fair_value": 2.797372,
        "relative_strength": -26.530775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.401791,
        "energy": 43.377983,
        "activity_lines": [
          3.258,
          3.324909,
          3.441429,
          3.599957
        ]
      },
      {
        "date": "2025-11-28",
        "close": 3.32,
        "volume": 190454,
        "typical_volume": 187868.65,
        "trend": 3.741333,
        "fair_value": 2.807436,
        "relative_strength": -25.771396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.444359,
        "energy": 39.701854,
        "activity_lines": [
          3.266667,
          3.313636,
          3.415333,
          3.572344
        ]
      },
      {
        "date": "2025-12-05",
        "close": 3.35,
        "volume": 126526,
        "typical_volume": 184697.3,
        "trend": 3.738333,
        "fair_value": 2.818013,
        "relative_strength": -24.218641,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.05497,
        "energy": 33.282534,
        "activity_lines": [
          3.293333,
          3.312727,
          3.396857,
          3.547097
        ]
      },
      {
        "date": "2025-12-12",
        "close": 3.53,
        "volume": 155322,
        "typical_volume": 186987.4,
        "trend": 3.730333,
        "fair_value": 2.828782,
        "relative_strength": -18.681901,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.98629,
        "energy": 17.776798,
        "activity_lines": [
          3.383333,
          3.346364,
          3.399143,
          3.533656
        ]
      },
      {
        "date": "2025-12-19",
        "close": 3.76,
        "volume": 376098,
        "typical_volume": 192525.95,
        "trend": 3.727667,
        "fair_value": 2.840705,
        "relative_strength": -11.678475,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.780474,
        "energy": 12.086502,
        "activity_lines": [
          3.527333,
          3.421273,
          3.425619,
          3.53557
        ]
      },
      {
        "date": "2025-12-26",
        "close": 3.64,
        "volume": 137838,
        "typical_volume": 191254.85,
        "trend": 3.713333,
        "fair_value": 2.8525,
        "relative_strength": -13.054131,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.338201,
        "energy": 13.891372,
        "activity_lines": [
          3.59,
          3.467636,
          3.441238,
          3.529914
        ]
      },
      {
        "date": "2026-01-02",
        "close": 3.44,
        "volume": 263131,
        "typical_volume": 198309.65,
        "trend": 3.693,
        "fair_value": 2.862692,
        "relative_strength": -17.20066,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.812948,
        "energy": 13.71469,
        "activity_lines": [
          3.563333,
          3.473636,
          3.438857,
          3.51228
        ]
      },
      {
        "date": "2026-01-09",
        "close": 3.29,
        "volume": 113665,
        "typical_volume": 197760.45,
        "trend": 3.64,
        "fair_value": 2.870321,
        "relative_strength": -17.470157,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.059527,
        "energy": 12.09846,
        "activity_lines": [
          3.478667,
          3.452364,
          3.423619,
          3.48628
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3.21,
        "volume": 166520,
        "typical_volume": 197470.65,
        "trend": 3.596333,
        "fair_value": 2.877436,
        "relative_strength": -18.364622,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.097394,
        "energy": 19.77362,
        "activity_lines": [
          3.371333,
          3.418545,
          3.402857,
          3.458538
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3.1,
        "volume": 161100,
        "typical_volume": 191580.25,
        "trend": 3.557667,
        "fair_value": 2.884487,
        "relative_strength": -18.306446,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.266091,
        "energy": 32.431787,
        "activity_lines": [
          3.248667,
          3.364364,
          3.372857,
          3.426516
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3.02,
        "volume": 203546,
        "typical_volume": 192557.45,
        "trend": 3.518,
        "fair_value": 2.891667,
        "relative_strength": -20.757761,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.077334,
        "energy": 45.365421,
        "activity_lines": [
          3.143333,
          3.296364,
          3.337,
          3.391828
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3.09,
        "volume": 130931,
        "typical_volume": 188777.6,
        "trend": 3.477,
        "fair_value": 2.899295,
        "relative_strength": -19.298796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.782531,
        "energy": 49.822392,
        "activity_lines": [
          3.102667,
          3.246182,
          3.309952,
          3.364215
        ]
      },
      {
        "date": "2026-02-13",
        "close": 3.12,
        "volume": 84282,
        "typical_volume": 184620.75,
        "trend": 3.444,
        "fair_value": 2.907115,
        "relative_strength": -17.149742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.786465,
        "energy": 46.390754,
        "activity_lines": [
          3.095333,
          3.205636,
          3.288143,
          3.341183
        ]
      },
      {
        "date": "2026-02-20",
        "close": 3.01,
        "volume": 184986,
        "typical_volume": 188315.95,
        "trend": 3.410667,
        "fair_value": 2.914231,
        "relative_strength": -19.822596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.74233,
        "energy": 38.059794,
        "activity_lines": [
          3.062667,
          3.149273,
          3.257429,
          3.313183
        ]
      },
      {
        "date": "2026-02-27",
        "close": 3.12,
        "volume": 161631,
        "typical_volume": 180355.3,
        "trend": 3.385333,
        "fair_value": 2.922051,
        "relative_strength": -15.018859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.129743,
        "energy": 27.807875,
        "activity_lines": [
          3.08,
          3.122364,
          3.239524,
          3.29443
        ]
      },
      {
        "date": "2026-03-06",
        "close": 3.02,
        "volume": 66305,
        "typical_volume": 175834.4,
        "trend": 3.357333,
        "fair_value": 2.929231,
        "relative_strength": -14.942374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.686601,
        "energy": 27.377363,
        "activity_lines": [
          3.062667,
          3.088909,
          3.213381,
          3.27086
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2.87,
        "volume": 148767,
        "typical_volume": 175375.9,
        "trend": 3.328333,
        "fair_value": 2.935769,
        "relative_strength": -14.22286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.80492,
        "energy": 32.164681,
        "activity_lines": [
          2.995333,
          3.039455,
          3.174857,
          3.239419
        ]
      },
      {
        "date": "2026-03-20",
        "close": 2.9,
        "volume": 277258,
        "typical_volume": 181551.0,
        "trend": 3.300667,
        "fair_value": 2.9425,
        "relative_strength": -12.686258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.205371,
        "energy": 32.252779,
        "activity_lines": [
          2.952667,
          3.005818,
          3.141905,
          3.211785
        ]
      },
      {
        "date": "2026-03-27",
        "close": 2.55,
        "volume": 189193,
        "typical_volume": 179472.85,
        "trend": 3.27,
        "fair_value": 2.946987,
        "relative_strength": -21.808445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.957406,
        "energy": 51.768236,
        "activity_lines": [
          2.808,
          2.915636,
          3.078,
          3.163355
        ]
      },
      {
        "date": "2026-04-03",
        "close": 2.87,
        "volume": 146390,
        "typical_volume": 175171.1,
        "trend": 3.25,
        "fair_value": 2.953526,
        "relative_strength": -10.942165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.13287,
        "energy": 45.289372,
        "activity_lines": [
          2.800667,
          2.895636,
          3.047619,
          3.137548
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3.23,
        "volume": 146127,
        "typical_volume": 171503.5,
        "trend": 3.242,
        "fair_value": 2.962372,
        "relative_strength": -4.845577,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.511791,
        "energy": 24.252932,
        "activity_lines": [
          2.93,
          2.945273,
          3.05281,
          3.136258
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3.4,
        "volume": 277013,
        "typical_volume": 175831.45,
        "trend": 3.235667,
        "fair_value": 2.972308,
        "relative_strength": -0.783008,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.79414,
        "energy": 9.090327,
        "activity_lines": [
          3.102,
          3.022,
          3.074524,
          3.146452
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3.34,
        "volume": 142932,
        "typical_volume": 176651.75,
        "trend": 3.232,
        "fair_value": 2.981859,
        "relative_strength": -0.48893,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.494374,
        "energy": 15.554284,
        "activity_lines": [
          3.218667,
          3.082182,
          3.090143,
          3.153183
        ]
      },
      {
        "date": "2026-05-01",
        "close": 3.24,
        "volume": 172136,
        "typical_volume": 177492.45,
        "trend": 3.223333,
        "fair_value": 2.990769,
        "relative_strength": -3.742899,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.022889,
        "energy": 16.728378,
        "activity_lines": [
          3.272667,
          3.120182,
          3.096286,
          3.153699
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3.28,
        "volume": 71340,
        "typical_volume": 162254.55,
        "trend": 3.219667,
        "fair_value": 2.999936,
        "relative_strength": -3.173324,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.742502,
        "energy": 16.570901,
        "activity_lines": [
          3.294,
          3.161273,
          3.107619,
          3.157355
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3.09,
        "volume": 100830,
        "typical_volume": 160404.15,
        "trend": 3.208667,
        "fair_value": 3.007885,
        "relative_strength": -6.470597,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.527203,
        "energy": 8.898892,
        "activity_lines": [
          3.224667,
          3.164909,
          3.103143,
          3.148989
        ]
      },
      {
        "date": "2026-05-22",
        "close": 3.17,
        "volume": 132722,
        "typical_volume": 153883.7,
        "trend": 3.199667,
        "fair_value": 3.016346,
        "relative_strength": -4.080371,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.867025,
        "energy": 7.656401,
        "activity_lines": [
          3.191333,
          3.181818,
          3.108905,
          3.146495
        ]
      },
      {
        "date": "2026-05-29",
        "close": 3.03,
        "volume": 118756,
        "typical_volume": 154138.25,
        "trend": 3.187333,
        "fair_value": 3.025192,
        "relative_strength": -7.190494,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.748433,
        "energy": 14.038721,
        "activity_lines": [
          3.126667,
          3.167818,
          3.102619,
          3.135548
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3.03,
        "volume": 29281,
        "typical_volume": 147276.3,
        "trend": 3.182,
        "fair_value": 3.034679,
        "relative_strength": -6.050358,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.547436,
        "energy": 17.977382,
        "activity_lines": [
          3.082667,
          3.151455,
          3.097571,
          3.125398
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2.91,
        "volume": 11851,
        "typical_volume": 139813.85,
        "trend": 3.174333,
        "fair_value": 3.041795,
        "relative_strength": -9.816907,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.547728,
        "energy": 21.662699,
        "activity_lines": [
          3.012667,
          3.104545,
          3.081952,
          3.107849
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3.11,
        "volume": 34482,
        "typical_volume": 131360.65,
        "trend": 3.168,
        "fair_value": 3.049551,
        "relative_strength": -4.506255,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.597322,
        "energy": 19.023369,
        "activity_lines": [
          3.034,
          3.093273,
          3.086286,
          3.103699
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3.01,
        "volume": 0,
        "typical_volume": 124814.1,
        "trend": 3.157667,
        "fair_value": 3.057628,
        "relative_strength": -7.201651,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.204622,
        "energy": 24.950821,
        "activity_lines": [
          3.020667,
          3.066,
          3.080667,
          3.093505
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2.97,
        "volume": 51440,
        "typical_volume": 123172.0,
        "trend": 3.145,
        "fair_value": 3.065769,
        "relative_strength": -8.68562,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.99151,
        "energy": 27.258009,
        "activity_lines": [
          3.004667,
          3.038545,
          3.071619,
          3.081398
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2.95,
        "volume": 130672,
        "typical_volume": 120456.3,
        "trend": 3.125667,
        "fair_value": 3.074103,
        "relative_strength": -8.404968,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.580539,
        "energy": 26.04262,
        "activity_lines": [
          2.986,
          3.014182,
          3.061381,
          3.068817
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2.99,
        "volume": 42277,
        "typical_volume": 114488.6,
        "trend": 3.1,
        "fair_value": 3.082692,
        "relative_strength": -7.088552,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.670567,
        "energy": 28.471345,
        "activity_lines": [
          2.986,
          3.002364,
          3.055238,
          3.060065
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2.88,
        "volume": 56949,
        "typical_volume": 114020.8,
        "trend": 3.074667,
        "fair_value": 3.090577,
        "relative_strength": -7.832451,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.225128,
        "energy": 36.903252,
        "activity_lines": [
          2.944,
          2.975818,
          3.039238,
          3.045871
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3.21,
        "volume": 964886,
        "typical_volume": 154826.75,
        "trend": 3.067,
        "fair_value": 3.100897,
        "relative_strength": 0.519263,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.02429,
        "energy": 6.894513,
        "activity_lines": [
          3.027333,
          3.013091,
          3.055333,
          3.054602
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2.98,
        "volume": 135622,
        "typical_volume": 147744.95,
        "trend": 3.056667,
        "fair_value": 3.110705,
        "relative_strength": -6.88548,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.064584,
        "energy": 13.519378,
        "activity_lines": [
          3.020667,
          3.007818,
          3.047905,
          3.048989
        ]
      }
    ],
    "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."
    }
  }
}