{
  "ticker": {
    "uuid": "f10d86b7-9f9e-4997-975e-dff8ee5ad1d7",
    "symbol": "DARE",
    "name": "Dare Bioscience Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -40.547,
    "architecture_energy": 66.272,
    "architecture_maturity": 24.0,
    "architecture_confidence": 74.846,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 18.5,
        "rotation_up": 16.28,
        "upward_expansion": 22.85,
        "deceleration": 43.03,
        "rotation_down": 73.34,
        "downward_expansion": 64.52
      },
      "activity_lines": [
        1.444,
        1.678182,
        1.908333,
        1.913054
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 1.4,
    "trend_reference": 1.897667,
    "distance_from_trend": -0.262252,
    "trend_direction": "Weakening",
    "fair_value": 3.327244,
    "distance_from_fair_value": -0.579231,
    "fair_value_direction": "Weakening",
    "relative_strength": -37.435428,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.171598,
    "excess_performance": -0.359051,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.262252,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.025672,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.579231,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.257348,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.374354,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.431852,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.171598,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.355747,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 496479,
      "relative_activity": 0.220302,
      "balance": 0.355747,
      "dry_up": 0.43515,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.262044,
      "annualized_volatility": 1.218099,
      "from_high_reference": -0.62963,
      "from_low_reference": 0.238938
    },
    "levels": {
      "trend_reference": 1.897667,
      "fair_value_reference": 3.327244,
      "structural_low": 1.13,
      "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": 1,
        "median_return": 0.674718,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.62744,
        "regime_survival": 0.0,
        "best_return": 0.674718,
        "worst_return": 0.674718,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": -0.090177,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.110703,
        "regime_survival": 0.0,
        "best_return": -0.090177,
        "worst_return": -0.090177,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.116506,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.05005,
        "regime_survival": 0.0,
        "best_return": 0.116506,
        "worst_return": 0.116506,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.219002,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.329564,
        "regime_survival": 0.0,
        "best_return": -0.219002,
        "worst_return": -0.219002,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-05-10",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.562963,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-24",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": -0.323394,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-07-26",
        "end": "2024-11-15",
        "tenure": "Established",
        "return": -0.115702,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-22",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.047904,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-20",
        "end": "2025-06-06",
        "tenure": "Established",
        "return": 0.180812,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-06-20",
        "tenure": "New",
        "return": -0.069307,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-27",
        "end": "2025-12-05",
        "tenure": "Established",
        "return": -0.247357,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-12-12",
        "end": "2026-01-02",
        "tenure": "New",
        "return": -0.210526,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-09",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": -0.146465,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-13",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": 0.076471,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-17",
        "end": "2026-05-08",
        "tenure": "New",
        "return": -0.067797,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.133641,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.366337,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.147541,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 8.22,
        "volume": 1052454,
        "typical_volume": 1237758.8,
        "trend": 11.71576,
        "fair_value": 15.909769,
        "relative_strength": -40.70006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.342855,
        "energy": 89.807407,
        "activity_lines": [
          8.67504,
          9.290793,
          10.270211,
          10.836315
        ]
      },
      {
        "date": "2023-08-25",
        "close": 8.397588,
        "volume": 632685,
        "typical_volume": 1214677.95,
        "trend": 11.45368,
        "fair_value": 15.880908,
        "relative_strength": -39.783852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.390803,
        "energy": 76.001056,
        "activity_lines": [
          8.530636,
          9.025241,
          10.02993,
          10.622239
        ]
      },
      {
        "date": "2023-09-01",
        "close": 8.1552,
        "volume": 889239,
        "typical_volume": 1213913.9,
        "trend": 11.22552,
        "fair_value": 15.853184,
        "relative_strength": -42.940392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.553259,
        "energy": 67.877035,
        "activity_lines": [
          8.376157,
          8.770209,
          9.78201,
          10.409434
        ]
      },
      {
        "date": "2023-09-08",
        "close": 7.0296,
        "volume": 1834394,
        "typical_volume": 1276969.1,
        "trend": 10.99584,
        "fair_value": 15.817477,
        "relative_strength": -49.507789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.064802,
        "energy": 73.154146,
        "activity_lines": [
          7.899838,
          8.370696,
          9.44577,
          10.13873
        ]
      },
      {
        "date": "2023-09-15",
        "close": 6.12,
        "volume": 1392036,
        "typical_volume": 1292918.85,
        "trend": 10.75984,
        "fair_value": 15.776708,
        "relative_strength": -55.043844,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.163387,
        "energy": 84.525584,
        "activity_lines": [
          7.213278,
          7.876558,
          9.04657,
          9.824159
        ]
      },
      {
        "date": "2023-09-22",
        "close": 5.52,
        "volume": 1395602,
        "typical_volume": 1324898.65,
        "trend": 10.51984,
        "fair_value": 15.7344,
        "relative_strength": -57.377895,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.440367,
        "energy": 93.210159,
        "activity_lines": [
          6.525119,
          7.347533,
          8.618228,
          9.486105
        ]
      },
      {
        "date": "2023-09-29",
        "close": 5.5416,
        "volume": 511376,
        "typical_volume": 1318317.9,
        "trend": 10.24456,
        "fair_value": 15.689923,
        "relative_strength": -56.567674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.754847,
        "energy": 92.402903,
        "activity_lines": [
          6.02416,
          6.91189,
          8.222799,
          9.164928
        ]
      },
      {
        "date": "2023-10-06",
        "close": 5.5644,
        "volume": 427967,
        "typical_volume": 1301108.8,
        "trend": 10.04064,
        "fair_value": 15.642515,
        "relative_strength": -56.514608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.05266,
        "energy": 90.085326,
        "activity_lines": [
          5.7212,
          6.551606,
          7.860033,
          8.862983
        ]
      },
      {
        "date": "2023-10-13",
        "close": 5.52,
        "volume": 513603,
        "typical_volume": 1264634.2,
        "trend": 9.83264,
        "fair_value": 15.5979,
        "relative_strength": -56.301636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.242319,
        "energy": 87.168326,
        "activity_lines": [
          5.57616,
          6.244908,
          7.525399,
          8.571328
        ]
      },
      {
        "date": "2023-10-20",
        "close": 5.562,
        "volume": 2009063,
        "typical_volume": 1333377.1,
        "trend": 9.61004,
        "fair_value": 15.555092,
        "relative_strength": -53.966392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.930987,
        "energy": 72.594358,
        "activity_lines": [
          5.54576,
          5.998647,
          7.224496,
          8.295803
        ]
      },
      {
        "date": "2023-10-27",
        "close": 5.064,
        "volume": 826442,
        "typical_volume": 1301881.65,
        "trend": 9.36284,
        "fair_value": 15.513546,
        "relative_strength": -56.283838,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.41531,
        "energy": 69.509771,
        "activity_lines": [
          5.38656,
          5.726094,
          6.907965,
          8.00251
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4.6572,
        "volume": 1163532,
        "typical_volume": 1288333.25,
        "trend": 9.13004,
        "fair_value": 15.464938,
        "relative_strength": -61.578676,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.509471,
        "energy": 70.206805,
        "activity_lines": [
          5.12216,
          5.43696,
          6.584577,
          7.698921
        ]
      },
      {
        "date": "2023-11-10",
        "close": 3.96,
        "volume": 1575974,
        "typical_volume": 1339815.3,
        "trend": 8.85804,
        "fair_value": 15.407246,
        "relative_strength": -67.700146,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.208597,
        "energy": 72.809683,
        "activity_lines": [
          4.68432,
          5.089069,
          6.226897,
          7.36537
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4.116,
        "volume": 2148739,
        "typical_volume": 1368989.15,
        "trend": 8.59524,
        "fair_value": 15.335169,
        "relative_strength": -66.495237,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.577715,
        "energy": 69.757519,
        "activity_lines": [
          4.40544,
          4.845818,
          5.919811,
          7.059432
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4.2228,
        "volume": 807478,
        "typical_volume": 1323476.3,
        "trend": 8.336,
        "fair_value": 15.258392,
        "relative_strength": -65.329935,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.577337,
        "energy": 67.18654,
        "activity_lines": [
          4.25576,
          4.67496,
          5.655302,
          6.777339
        ]
      },
      {
        "date": "2023-12-01",
        "close": 4.272,
        "volume": 1121952,
        "typical_volume": 1323515.05,
        "trend": 8.0784,
        "fair_value": 15.170392,
        "relative_strength": -64.35363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.212574,
        "energy": 65.977176,
        "activity_lines": [
          4.21176,
          4.547542,
          5.423948,
          6.515145
        ]
      },
      {
        "date": "2023-12-08",
        "close": 3.48,
        "volume": 13052520,
        "typical_volume": 1820520.2,
        "trend": 7.79624,
        "fair_value": 15.098084,
        "relative_strength": -70.580999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.721665,
        "energy": 69.725978,
        "activity_lines": [
          3.95656,
          4.298815,
          5.146537,
          6.218474
        ]
      },
      {
        "date": "2023-12-15",
        "close": 4.2228,
        "volume": 3793038,
        "typical_volume": 1926248.3,
        "trend": 7.525,
        "fair_value": 15.017461,
        "relative_strength": -64.815628,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.475522,
        "energy": 62.502446,
        "activity_lines": [
          4.02744,
          4.222625,
          4.968337,
          5.98793
        ]
      },
      {
        "date": "2023-12-22",
        "close": 3.96,
        "volume": 3071362,
        "typical_volume": 2014383.05,
        "trend": 7.26488,
        "fair_value": 14.934384,
        "relative_strength": -66.676516,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.698003,
        "energy": 60.100353,
        "activity_lines": [
          3.9932,
          4.123047,
          4.787646,
          5.75793
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3.708,
        "volume": 2691780,
        "typical_volume": 2045561.8,
        "trend": 6.98048,
        "fair_value": 14.855077,
        "relative_strength": -68.301291,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.160607,
        "energy": 59.04112,
        "activity_lines": [
          3.88536,
          4.006015,
          4.604211,
          5.528454
        ]
      },
      {
        "date": "2024-01-05",
        "close": 4.32,
        "volume": 2699580,
        "typical_volume": 2127918.1,
        "trend": 6.73248,
        "fair_value": 14.776615,
        "relative_strength": -61.016307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.386634,
        "energy": 46.762598,
        "activity_lines": [
          4.01584,
          4.033964,
          4.50472,
          5.35681
        ]
      },
      {
        "date": "2024-01-12",
        "close": 4.3632,
        "volume": 1824028,
        "typical_volume": 2187485.25,
        "trend": 6.49792,
        "fair_value": 14.693815,
        "relative_strength": -60.751339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.756313,
        "energy": 37.958485,
        "activity_lines": [
          4.15752,
          4.083295,
          4.427914,
          5.203953
        ]
      },
      {
        "date": "2024-01-19",
        "close": 3.72,
        "volume": 1147401,
        "typical_volume": 2200393.35,
        "trend": 6.23976,
        "fair_value": 14.493046,
        "relative_strength": -66.519094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.57347,
        "energy": 41.142593,
        "activity_lines": [
          4.02592,
          4.021025,
          4.309063,
          5.024733
        ]
      },
      {
        "date": "2024-01-26",
        "close": 4.224,
        "volume": 1222399,
        "typical_volume": 2169793.6,
        "trend": 6.01652,
        "fair_value": 14.346277,
        "relative_strength": -60.928749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.479312,
        "energy": 30.966779,
        "activity_lines": [
          4.09584,
          4.054756,
          4.259331,
          4.894684
        ]
      },
      {
        "date": "2024-02-02",
        "close": 4.08,
        "volume": 1448754,
        "typical_volume": 2172629.5,
        "trend": 5.81248,
        "fair_value": 14.190892,
        "relative_strength": -61.564386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.439896,
        "energy": 29.820983,
        "activity_lines": [
          4.10016,
          4.060342,
          4.209246,
          4.769747
        ]
      },
      {
        "date": "2024-02-09",
        "close": 4.176,
        "volume": 1125546,
        "typical_volume": 2159126.7,
        "trend": 5.60368,
        "fair_value": 14.037661,
        "relative_strength": -60.233619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.049516,
        "energy": 30.092036,
        "activity_lines": [
          4.11168,
          4.085978,
          4.178017,
          4.664168
        ]
      },
      {
        "date": "2024-02-16",
        "close": 4.3356,
        "volume": 1130995,
        "typical_volume": 2190107.65,
        "trend": 5.43292,
        "fair_value": 13.894684,
        "relative_strength": -56.917919,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.76725,
        "energy": 22.263567,
        "activity_lines": [
          4.186,
          4.142378,
          4.168389,
          4.582356
        ]
      },
      {
        "date": "2024-02-23",
        "close": 6.4224,
        "volume": 5432013,
        "typical_volume": 2440309.95,
        "trend": 5.34848,
        "fair_value": 13.792008,
        "relative_strength": -35.541487,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 19.241302,
        "energy": 23.701462,
        "activity_lines": [
          4.95776,
          4.56264,
          4.363246,
          4.646193
        ]
      },
      {
        "date": "2024-03-01",
        "close": 6.5988,
        "volume": 3570347,
        "typical_volume": 2593147.15,
        "trend": 5.28764,
        "fair_value": 13.685077,
        "relative_strength": -33.309125,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.697371,
        "energy": 49.538099,
        "activity_lines": [
          5.60816,
          4.974982,
          4.570817,
          4.726859
        ]
      },
      {
        "date": "2024-03-08",
        "close": 5.9412,
        "volume": 1789030,
        "typical_volume": 2582145.5,
        "trend": 5.18248,
        "fair_value": 13.552392,
        "relative_strength": -37.581751,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.76385,
        "energy": 55.5208,
        "activity_lines": [
          5.88104,
          5.219782,
          4.710623,
          4.769024
        ]
      },
      {
        "date": "2024-03-15",
        "close": 5.6208,
        "volume": 749020,
        "typical_volume": 2578274.4,
        "trend": 5.09584,
        "fair_value": 13.433038,
        "relative_strength": -38.853206,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.712207,
        "energy": 60.195394,
        "activity_lines": [
          5.92304,
          5.365724,
          4.818109,
          4.797303
        ]
      },
      {
        "date": "2024-03-22",
        "close": 5.7408,
        "volume": 1788943,
        "typical_volume": 2609544.95,
        "trend": 5.00728,
        "fair_value": 13.336761,
        "relative_strength": -37.862305,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.442308,
        "energy": 51.910995,
        "activity_lines": [
          5.90872,
          5.509833,
          4.934371,
          4.838914
        ]
      },
      {
        "date": "2024-03-29",
        "close": 5.8824,
        "volume": 1464241,
        "typical_volume": 2603958.3,
        "trend": 4.93152,
        "fair_value": 13.242931,
        "relative_strength": -34.411543,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.369025,
        "energy": 30.805435,
        "activity_lines": [
          5.84792,
          5.65464,
          5.05896,
          4.895373
        ]
      },
      {
        "date": "2024-04-05",
        "close": 5.8944,
        "volume": 1141238,
        "typical_volume": 2553583.25,
        "trend": 4.89368,
        "fair_value": 13.155331,
        "relative_strength": -32.235776,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 57.528706,
        "energy": 36.489221,
        "activity_lines": [
          5.82712,
          5.762313,
          5.175537,
          4.957494
        ]
      },
      {
        "date": "2024-04-12",
        "close": 5.6328,
        "volume": 791138,
        "typical_volume": 2552766.25,
        "trend": 4.87744,
        "fair_value": 13.083746,
        "relative_strength": -33.264473,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.881414,
        "energy": 29.147515,
        "activity_lines": [
          5.76608,
          5.792051,
          5.258731,
          5.005179
        ]
      },
      {
        "date": "2024-04-19",
        "close": 3.36,
        "volume": 6092770,
        "typical_volume": 2801307.15,
        "trend": 4.80544,
        "fair_value": 12.991438,
        "relative_strength": -56.622581,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 4.157803,
        "energy": 10.581004,
        "activity_lines": [
          4.968,
          5.38032,
          5.118754,
          4.90728
        ]
      },
      {
        "date": "2024-04-26",
        "close": 3.6708,
        "volume": 1425087,
        "typical_volume": 2219935.5,
        "trend": 4.74308,
        "fair_value": 12.898815,
        "relative_strength": -53.00824,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.288343,
        "energy": 23.348218,
        "activity_lines": [
          4.42424,
          5.039935,
          5.01272,
          4.834077
        ]
      },
      {
        "date": "2024-05-03",
        "close": 3.7344,
        "volume": 15360835,
        "typical_volume": 2798325.35,
        "trend": 4.68208,
        "fair_value": 12.8166,
        "relative_strength": -51.192498,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.389105,
        "energy": 31.659101,
        "activity_lines": [
          4.03968,
          4.7232,
          4.911834,
          4.769001
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3.726,
        "volume": 1033982,
        "typical_volume": 2696456.35,
        "trend": 4.62228,
        "fair_value": 12.740484,
        "relative_strength": -50.478781,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.35425,
        "energy": 38.952375,
        "activity_lines": [
          3.79552,
          4.453811,
          4.812474,
          4.707319
        ]
      },
      {
        "date": "2024-05-17",
        "close": 5.8236,
        "volume": 4637097,
        "typical_volume": 2793722.2,
        "trend": 4.631,
        "fair_value": 12.677815,
        "relative_strength": -22.143472,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 2.322523,
        "energy": 13.534604,
        "activity_lines": [
          4.39512,
          4.618036,
          4.914,
          4.784823
        ]
      },
      {
        "date": "2024-05-24",
        "close": 5.232,
        "volume": 4964508,
        "typical_volume": 2906968.6,
        "trend": 4.6366,
        "fair_value": 12.612892,
        "relative_strength": -29.141016,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 27.17962,
        "energy": 11.795394,
        "activity_lines": [
          4.7848,
          4.676836,
          4.949109,
          4.823597
        ]
      },
      {
        "date": "2024-05-31",
        "close": 4.92,
        "volume": 2176103,
        "typical_volume": 2924572.35,
        "trend": 4.64536,
        "fair_value": 12.546738,
        "relative_strength": -30.315831,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 27.324347,
        "energy": 17.343255,
        "activity_lines": [
          4.94568,
          4.685978,
          4.95016,
          4.841881
        ]
      },
      {
        "date": "2024-06-07",
        "close": 6.24,
        "volume": 1767396,
        "typical_volume": 2955572.1,
        "trend": 4.72136,
        "fair_value": 12.479815,
        "relative_strength": -11.802248,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.830723,
        "energy": 35.973855,
        "activity_lines": [
          5.46328,
          4.950044,
          5.074274,
          4.944761
        ]
      },
      {
        "date": "2024-06-14",
        "close": 5.3976,
        "volume": 1151121,
        "typical_volume": 2952008.2,
        "trend": 4.76408,
        "fair_value": 12.413646,
        "relative_strength": -24.397125,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 38.302496,
        "energy": 29.20224,
        "activity_lines": [
          5.53304,
          5.054444,
          5.10616,
          4.98839
        ]
      },
      {
        "date": "2024-06-21",
        "close": 5.214,
        "volume": 962069,
        "typical_volume": 2927673.95,
        "trend": 4.79712,
        "fair_value": 12.317069,
        "relative_strength": -25.095548,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 47.341888,
        "energy": 33.752986,
        "activity_lines": [
          5.43016,
          5.134495,
          5.114971,
          5.017417
        ]
      },
      {
        "date": "2024-06-28",
        "close": 4.0332,
        "volume": 5336690,
        "typical_volume": 3138231.15,
        "trend": 4.78916,
        "fair_value": 12.221384,
        "relative_strength": -40.335635,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 14.013138,
        "energy": 8.30151,
        "activity_lines": [
          4.97432,
          5.007469,
          5.005926,
          4.968132
        ]
      },
      {
        "date": "2024-07-05",
        "close": 3.15,
        "volume": 387944,
        "typical_volume": 3101078.6,
        "trend": 4.77816,
        "fair_value": 12.0985,
        "relative_strength": -53.631114,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -37.681052,
        "energy": 27.015686,
        "activity_lines": [
          4.304,
          4.707622,
          4.813446,
          4.862379
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3.68,
        "volume": 230101,
        "typical_volume": 2840983.0,
        "trend": 4.760067,
        "fair_value": 12.009013,
        "relative_strength": -44.088989,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -29.508273,
        "energy": 39.446713,
        "activity_lines": [
          3.928347,
          4.513607,
          4.677088,
          4.79153
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3.54,
        "volume": 264990,
        "typical_volume": 2675715.15,
        "trend": 4.746067,
        "fair_value": 11.91709,
        "relative_strength": -42.511985,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.291148,
        "energy": 63.715547,
        "activity_lines": [
          3.676693,
          4.295127,
          4.540455,
          4.712816
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3.63,
        "volume": 125804,
        "typical_volume": 2592553.85,
        "trend": 4.743467,
        "fair_value": 11.821897,
        "relative_strength": -38.046894,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.631896,
        "energy": 64.799898,
        "activity_lines": [
          3.57888,
          4.096393,
          4.42696,
          4.640812
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3.32,
        "volume": 114961,
        "typical_volume": 2560850.9,
        "trend": 4.710133,
        "fair_value": 11.719333,
        "relative_strength": -40.141353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.08045,
        "energy": 61.712075,
        "activity_lines": [
          3.483333,
          3.881178,
          4.294947,
          4.548975
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3.39,
        "volume": 96809,
        "typical_volume": 2476244.2,
        "trend": 4.677693,
        "fair_value": 11.617987,
        "relative_strength": -37.401912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.081334,
        "energy": 51.679234,
        "activity_lines": [
          3.458667,
          3.713455,
          4.180556,
          4.463806
        ]
      },
      {
        "date": "2024-08-16",
        "close": 3.57,
        "volume": 663593,
        "typical_volume": 2436211.8,
        "trend": 4.672693,
        "fair_value": 11.521641,
        "relative_strength": -35.895713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.77047,
        "energy": 39.704415,
        "activity_lines": [
          3.478,
          3.606276,
          4.094503,
          4.392342
        ]
      },
      {
        "date": "2024-08-23",
        "close": 3.55,
        "volume": 139034,
        "typical_volume": 2386101.6,
        "trend": 4.650227,
        "fair_value": 11.410551,
        "relative_strength": -35.232825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.418394,
        "energy": 44.309341,
        "activity_lines": [
          3.498,
          3.544007,
          4.017556,
          4.31991
        ]
      },
      {
        "date": "2024-08-30",
        "close": 3.58,
        "volume": 206481,
        "typical_volume": 2356868.75,
        "trend": 4.63356,
        "fair_value": 11.299654,
        "relative_strength": -32.557715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.771102,
        "energy": 34.195592,
        "activity_lines": [
          3.527333,
          3.520785,
          3.95463,
          4.250863
        ]
      },
      {
        "date": "2024-09-06",
        "close": 3.42,
        "volume": 178788,
        "typical_volume": 2061169.65,
        "trend": 4.60836,
        "fair_value": 11.194654,
        "relative_strength": -30.242478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.463883,
        "energy": 38.108677,
        "activity_lines": [
          3.506667,
          3.498182,
          3.886242,
          4.172569
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3.31,
        "volume": 78842,
        "typical_volume": 1993857.4,
        "trend": 4.574173,
        "fair_value": 11.079718,
        "relative_strength": -35.169695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.564224,
        "energy": 46.553906,
        "activity_lines": [
          3.442667,
          3.466727,
          3.807091,
          4.088803
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3.26,
        "volume": 82758,
        "typical_volume": 1229953.55,
        "trend": 4.46876,
        "fair_value": 10.967538,
        "relative_strength": -36.087501,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.033395,
        "energy": 43.316415,
        "activity_lines": [
          3.367333,
          3.423273,
          3.724897,
          4.004018
        ]
      },
      {
        "date": "2024-09-27",
        "close": 3.27,
        "volume": 81692,
        "typical_volume": 1182339.05,
        "trend": 4.3578,
        "fair_value": 10.861577,
        "relative_strength": -35.510725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.061421,
        "energy": 59.247001,
        "activity_lines": [
          3.316,
          3.389273,
          3.645914,
          3.926679
        ]
      },
      {
        "date": "2024-10-04",
        "close": 3.2294,
        "volume": 318003,
        "typical_volume": 966384.35,
        "trend": 4.267407,
        "fair_value": 10.76074,
        "relative_strength": -35.3433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.869627,
        "energy": 62.050043,
        "activity_lines": [
          3.2698,
          3.3528,
          3.565236,
          3.853879
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3.35,
        "volume": 143465,
        "typical_volume": 725332.2,
        "trend": 4.191713,
        "fair_value": 10.661445,
        "relative_strength": -32.685768,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.625364,
        "energy": 54.548545,
        "activity_lines": [
          3.287173,
          3.345538,
          3.508397,
          3.794691
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3.73,
        "volume": 115926,
        "typical_volume": 622323.35,
        "trend": 4.124687,
        "fair_value": 10.572278,
        "relative_strength": -24.023517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.374434,
        "energy": 31.244157,
        "activity_lines": [
          3.43588,
          3.406822,
          3.49671,
          3.764903
        ]
      },
      {
        "date": "2024-10-25",
        "close": 3.65,
        "volume": 257537,
        "typical_volume": 546830.4,
        "trend": 4.050273,
        "fair_value": 10.483368,
        "relative_strength": -24.701879,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.010145,
        "energy": 20.966925,
        "activity_lines": [
          3.52992,
          3.447378,
          3.483071,
          3.734278
        ]
      },
      {
        "date": "2024-11-01",
        "close": 4.16,
        "volume": 286667,
        "typical_volume": 503607.7,
        "trend": 3.99246,
        "fair_value": 10.386958,
        "relative_strength": -12.062819,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.11737,
        "energy": 18.033032,
        "activity_lines": [
          3.76796,
          3.579207,
          3.530337,
          3.741357
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4.1601,
        "volume": 176509,
        "typical_volume": 464329.7,
        "trend": 3.94337,
        "fair_value": 10.286702,
        "relative_strength": -16.22324,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 27.589459,
        "energy": 33.851274,
        "activity_lines": [
          3.9467,
          3.699964,
          3.583506,
          3.752173
        ]
      },
      {
        "date": "2024-11-15",
        "close": 3.21,
        "volume": 571282,
        "typical_volume": 226059.3,
        "trend": 3.93837,
        "fair_value": 10.178817,
        "relative_strength": -32.495208,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.496009,
        "energy": 22.016808,
        "activity_lines": [
          3.746693,
          3.637427,
          3.551207,
          3.704859
        ]
      },
      {
        "date": "2024-11-22",
        "close": 3.34,
        "volume": 183042,
        "typical_volume": 215814.2,
        "trend": 3.927343,
        "fair_value": 10.062535,
        "relative_strength": -30.439392,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.705922,
        "energy": 18.771313,
        "activity_lines": [
          3.599353,
          3.602345,
          3.53521,
          3.666254
        ]
      },
      {
        "date": "2024-11-29",
        "close": 3.425,
        "volume": 132379,
        "typical_volume": 210928.1,
        "trend": 3.91703,
        "fair_value": 9.947567,
        "relative_strength": -28.598272,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.402085,
        "energy": 22.035419,
        "activity_lines": [
          3.506347,
          3.582173,
          3.526402,
          3.633845
        ]
      },
      {
        "date": "2024-12-06",
        "close": 3.25,
        "volume": 144653,
        "typical_volume": 204911.25,
        "trend": 3.901163,
        "fair_value": 9.815324,
        "relative_strength": -34.028544,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.984277,
        "energy": 36.831506,
        "activity_lines": [
          3.370007,
          3.527182,
          3.502143,
          3.590811
        ]
      },
      {
        "date": "2024-12-13",
        "close": 3.18,
        "volume": 508592,
        "typical_volume": 224050.65,
        "trend": 3.813043,
        "fair_value": 9.699554,
        "relative_strength": -35.344918,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.516248,
        "energy": 47.142655,
        "activity_lines": [
          3.271,
          3.459827,
          3.472598,
          3.544284
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2.71,
        "volume": 382044,
        "typical_volume": 237404.8,
        "trend": 3.728977,
        "fair_value": 9.557695,
        "relative_strength": -43.106558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.917733,
        "energy": 66.718698,
        "activity_lines": [
          3.080667,
          3.307916,
          3.400433,
          3.47312
        ]
      },
      {
        "date": "2024-12-27",
        "close": 3.27,
        "volume": 156496,
        "typical_volume": 240389.15,
        "trend": 3.673977,
        "fair_value": 9.424811,
        "relative_strength": -31.563083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.677594,
        "energy": 52.946021,
        "activity_lines": [
          3.110333,
          3.26946,
          3.384507,
          3.443509
        ]
      },
      {
        "date": "2025-01-03",
        "close": 3.37,
        "volume": 134911,
        "typical_volume": 213955.05,
        "trend": 3.57831,
        "fair_value": 9.30949,
        "relative_strength": -28.256775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.964932,
        "energy": 33.993302,
        "activity_lines": [
          3.178,
          3.257549,
          3.378676,
          3.423897
        ]
      },
      {
        "date": "2025-01-10",
        "close": 3.12,
        "volume": 83334,
        "typical_volume": 211170.05,
        "trend": 3.50239,
        "fair_value": 9.201798,
        "relative_strength": -31.422715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.550036,
        "energy": 32.606833,
        "activity_lines": [
          3.166,
          3.205275,
          3.349988,
          3.394329
        ]
      },
      {
        "date": "2025-01-17",
        "close": 3.34,
        "volume": 117550,
        "typical_volume": 206723.5,
        "trend": 3.439923,
        "fair_value": 9.106285,
        "relative_strength": -28.252506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.739064,
        "energy": 17.408925,
        "activity_lines": [
          3.236,
          3.211909,
          3.3443,
          3.383852
        ]
      },
      {
        "date": "2025-01-24",
        "close": 3.21,
        "volume": 47154,
        "typical_volume": 200141.8,
        "trend": 3.412483,
        "fair_value": 9.013016,
        "relative_strength": -31.486809,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.50472,
        "energy": 15.936524,
        "activity_lines": [
          3.252,
          3.209818,
          3.327374,
          3.369018
        ]
      },
      {
        "date": "2025-01-31",
        "close": 3.25,
        "volume": 54886,
        "typical_volume": 198944.0,
        "trend": 3.415817,
        "fair_value": 8.913849,
        "relative_strength": -29.143113,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.582303,
        "energy": 16.575265,
        "activity_lines": [
          3.248,
          3.215,
          3.315257,
          3.358535
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2.9733,
        "volume": 216135,
        "typical_volume": 205612.85,
        "trend": 3.39226,
        "fair_value": 8.805217,
        "relative_strength": -34.692444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.357371,
        "energy": 26.909935,
        "activity_lines": [
          3.1531,
          3.171509,
          3.277074,
          3.329986
        ]
      },
      {
        "date": "2025-02-14",
        "close": 3.04,
        "volume": 86408,
        "typical_volume": 205848.65,
        "trend": 3.375593,
        "fair_value": 8.705473,
        "relative_strength": -34.468625,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.444373,
        "energy": 43.649512,
        "activity_lines": [
          3.10688,
          3.148358,
          3.246608,
          3.30726
        ]
      },
      {
        "date": "2025-02-21",
        "close": 3.17,
        "volume": 142235,
        "typical_volume": 197060.25,
        "trend": 3.36026,
        "fair_value": 8.611178,
        "relative_strength": -28.704339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.339753,
        "energy": 39.45926,
        "activity_lines": [
          3.109327,
          3.152662,
          3.229619,
          3.293995
        ]
      },
      {
        "date": "2025-02-28",
        "close": 3.14,
        "volume": 217933,
        "typical_volume": 200783.65,
        "trend": 3.35426,
        "fair_value": 8.516691,
        "relative_strength": -25.410615,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.799022,
        "energy": 37.778181,
        "activity_lines": [
          3.113107,
          3.151693,
          3.210055,
          3.279785
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2.95,
        "volume": 102044,
        "typical_volume": 200089.55,
        "trend": 3.339593,
        "fair_value": 8.417909,
        "relative_strength": -26.286971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.807424,
        "energy": 41.77708,
        "activity_lines": [
          3.05822,
          3.10836,
          3.173396,
          3.253704
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2.88,
        "volume": 83031,
        "typical_volume": 191364.25,
        "trend": 3.316593,
        "fair_value": 8.315601,
        "relative_strength": -24.97043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.259995,
        "energy": 46.328065,
        "activity_lines": [
          3.0,
          3.058118,
          3.133784,
          3.224053
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2.895,
        "volume": 113771,
        "typical_volume": 182719.45,
        "trend": 3.29476,
        "fair_value": 8.215697,
        "relative_strength": -23.496316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.968332,
        "energy": 58.259301,
        "activity_lines": [
          2.953,
          3.019513,
          3.099268,
          3.196853
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2.88,
        "volume": 76506,
        "typical_volume": 177719.3,
        "trend": 3.271427,
        "fair_value": 8.10262,
        "relative_strength": -20.684047,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.320662,
        "energy": 69.18921,
        "activity_lines": [
          2.910667,
          2.982271,
          3.069347,
          3.170094
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2.895,
        "volume": 99724,
        "typical_volume": 154141.4,
        "trend": 3.253927,
        "fair_value": 8.006563,
        "relative_strength": -10.065617,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.991446,
        "energy": 67.826546,
        "activity_lines": [
          2.892667,
          2.95612,
          3.04695,
          3.145809
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2.94,
        "volume": 159652,
        "typical_volume": 152971.9,
        "trend": 3.241593,
        "fair_value": 7.920024,
        "relative_strength": -13.636411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.725964,
        "energy": 61.253383,
        "activity_lines": [
          2.906,
          2.943878,
          3.03034,
          3.125555
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2.9,
        "volume": 28911,
        "typical_volume": 147798.5,
        "trend": 3.229593,
        "fair_value": 7.840922,
        "relative_strength": -12.471124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.822252,
        "energy": 53.949719,
        "activity_lines": [
          2.906667,
          2.93,
          3.011824,
          3.103517
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2.985,
        "volume": 40847,
        "typical_volume": 142608.2,
        "trend": 3.220093,
        "fair_value": 7.773133,
        "relative_strength": -14.837196,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.693557,
        "energy": 31.799305,
        "activity_lines": [
          2.934333,
          2.932909,
          3.003903,
          3.087737
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2.98,
        "volume": 59090,
        "typical_volume": 120133.1,
        "trend": 3.21178,
        "fair_value": 7.70839,
        "relative_strength": -17.266644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.877949,
        "energy": 24.917729,
        "activity_lines": [
          2.954333,
          2.935909,
          2.996769,
          3.072247
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2.91,
        "volume": 56390,
        "typical_volume": 103850.4,
        "trend": 3.197113,
        "fair_value": 7.646274,
        "relative_strength": -18.532613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.235722,
        "energy": 26.765236,
        "activity_lines": [
          2.944333,
          2.929636,
          2.98392,
          3.052777
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2.89,
        "volume": 70702,
        "typical_volume": 99560.7,
        "trend": 3.169113,
        "fair_value": 7.577108,
        "relative_strength": -22.789309,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.790297,
        "energy": 28.941851,
        "activity_lines": [
          2.926667,
          2.923909,
          2.968213,
          3.032964
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2.9,
        "volume": 62754,
        "typical_volume": 95952.85,
        "trend": 3.144113,
        "fair_value": 7.506467,
        "relative_strength": -19.402921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.215545,
        "energy": 36.124701,
        "activity_lines": [
          2.915667,
          2.921091,
          2.955269,
          3.015602
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2.97,
        "volume": 178213,
        "typical_volume": 100696.8,
        "trend": 3.104447,
        "fair_value": 7.42089,
        "relative_strength": -17.850569,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.650303,
        "energy": 31.71643,
        "activity_lines": [
          2.928,
          2.930636,
          2.95123,
          3.004368
        ]
      },
      {
        "date": "2025-06-06",
        "close": 3.2,
        "volume": 211157,
        "typical_volume": 105377.15,
        "trend": 3.072443,
        "fair_value": 7.34371,
        "relative_strength": -11.455382,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 5.502454,
        "energy": 8.529172,
        "activity_lines": [
          3.018,
          2.980636,
          2.969809,
          3.010533
        ]
      },
      {
        "date": "2025-06-13",
        "close": 3.03,
        "volume": 73717,
        "typical_volume": 106705.3,
        "trend": 3.066443,
        "fair_value": 7.268518,
        "relative_strength": -14.339949,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.845037,
        "energy": 16.586182,
        "activity_lines": [
          3.036667,
          2.993909,
          2.972865,
          3.007795
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2.82,
        "volume": 184874,
        "typical_volume": 113204.7,
        "trend": 3.04911,
        "fair_value": 7.187364,
        "relative_strength": -18.963591,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.975732,
        "energy": 18.861408,
        "activity_lines": [
          2.977333,
          2.966545,
          2.956778,
          2.991895
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2.365,
        "volume": 305840,
        "typical_volume": 117689.95,
        "trend": 3.013777,
        "fair_value": 7.110986,
        "relative_strength": -33.950177,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.716853,
        "energy": 61.291546,
        "activity_lines": [
          2.771,
          2.858636,
          2.899405,
          2.947759
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2.4,
        "volume": 95023,
        "typical_volume": 118120.7,
        "trend": 2.985443,
        "fair_value": 7.028678,
        "relative_strength": -33.547609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.489823,
        "energy": 85.467716,
        "activity_lines": [
          2.612,
          2.766818,
          2.848262,
          2.908161
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2.515,
        "volume": 8434902,
        "typical_volume": 532754.05,
        "trend": 2.963277,
        "fair_value": 6.950184,
        "relative_strength": -29.495604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.427833,
        "energy": 78.420032,
        "activity_lines": [
          2.529333,
          2.706545,
          2.811119,
          2.877809
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2.52,
        "volume": 79823972,
        "typical_volume": 4513056.0,
        "trend": 2.956943,
        "fair_value": 6.879415,
        "relative_strength": -29.613059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.232576,
        "energy": 44.14375,
        "activity_lines": [
          2.494,
          2.655636,
          2.777571,
          2.849211
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2.57,
        "volume": 2461161,
        "typical_volume": 4631011.85,
        "trend": 2.93361,
        "fair_value": 6.810505,
        "relative_strength": -28.139098,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.253142,
        "energy": 29.060519,
        "activity_lines": [
          2.509333,
          2.620909,
          2.751738,
          2.824247
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2.42,
        "volume": 1179633,
        "typical_volume": 4685841.95,
        "trend": 2.901943,
        "fair_value": 6.729864,
        "relative_strength": -30.154306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.644688,
        "energy": 27.41006,
        "activity_lines": [
          2.491333,
          2.564727,
          2.713429,
          2.791111
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.92,
        "volume": 1811619,
        "typical_volume": 4770734.35,
        "trend": 2.861943,
        "fair_value": 6.648325,
        "relative_strength": -45.875545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.13144,
        "energy": 34.76852,
        "activity_lines": [
          2.303,
          2.426364,
          2.62969,
          2.72776
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2.2,
        "volume": 1358802,
        "typical_volume": 4834849.15,
        "trend": 2.823943,
        "fair_value": 6.573967,
        "relative_strength": -37.553359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.286502,
        "energy": 34.176617,
        "activity_lines": [
          2.24,
          2.358,
          2.577262,
          2.685054
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2.12,
        "volume": 727895,
        "typical_volume": 4866257.7,
        "trend": 2.78761,
        "fair_value": 6.502172,
        "relative_strength": -38.536556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.286711,
        "energy": 39.130114,
        "activity_lines": [
          2.171333,
          2.293273,
          2.520452,
          2.639638
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2.02,
        "volume": 637642,
        "typical_volume": 4890157.2,
        "trend": 2.74661,
        "fair_value": 6.429736,
        "relative_strength": -40.512479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.91545,
        "energy": 43.080164,
        "activity_lines": [
          2.096,
          2.226909,
          2.45781,
          2.590115
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2.15,
        "volume": 506545,
        "typical_volume": 4914038.9,
        "trend": 2.719167,
        "fair_value": 6.357364,
        "relative_strength": -36.499512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.021321,
        "energy": 31.335318,
        "activity_lines": [
          2.100667,
          2.198727,
          2.411929,
          2.551624
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2.11,
        "volume": 572342,
        "typical_volume": 4940613.65,
        "trend": 2.688167,
        "fair_value": 6.277813,
        "relative_strength": -38.11736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.745292,
        "energy": 28.67957,
        "activity_lines": [
          2.11,
          2.167182,
          2.36581,
          2.512323
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2.12,
        "volume": 596161,
        "typical_volume": 4967467.2,
        "trend": 2.653167,
        "fair_value": 6.211402,
        "relative_strength": -38.477337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.511162,
        "energy": 26.496903,
        "activity_lines": [
          2.11,
          2.142727,
          2.32481,
          2.475667
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2.09,
        "volume": 662754,
        "typical_volume": 4997785.4,
        "trend": 2.618167,
        "fair_value": 6.147877,
        "relative_strength": -38.405991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.073841,
        "energy": 24.835886,
        "activity_lines": [
          2.105333,
          2.12,
          2.285048,
          2.439333
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2.18,
        "volume": 473820,
        "typical_volume": 5017941.3,
        "trend": 2.5925,
        "fair_value": 6.088774,
        "relative_strength": -35.861264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.969564,
        "energy": 19.252877,
        "activity_lines": [
          2.132667,
          2.121455,
          2.257762,
          2.411065
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2.12,
        "volume": 971564,
        "typical_volume": 5063381.8,
        "trend": 2.567167,
        "fair_value": 6.033718,
        "relative_strength": -35.467729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.089523,
        "energy": 18.119374,
        "activity_lines": [
          2.129333,
          2.119091,
          2.228143,
          2.380581
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2.03,
        "volume": 1845667,
        "typical_volume": 5146754.5,
        "trend": 2.538333,
        "fair_value": 5.972877,
        "relative_strength": -38.791921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.115104,
        "energy": 54.360181,
        "activity_lines": [
          2.098,
          2.105818,
          2.193667,
          2.345925
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2.11,
        "volume": 669839,
        "typical_volume": 5169688.6,
        "trend": 2.512667,
        "fair_value": 5.911041,
        "relative_strength": -36.855486,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.459441,
        "energy": 49.302165,
        "activity_lines": [
          2.098667,
          2.105091,
          2.171286,
          2.31829
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1.96,
        "volume": 520240,
        "typical_volume": 5192014.75,
        "trend": 2.4815,
        "fair_value": 5.851297,
        "relative_strength": -41.32181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.506985,
        "energy": 59.132758,
        "activity_lines": [
          2.05,
          2.078727,
          2.13981,
          2.282634
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1.83,
        "volume": 568730,
        "typical_volume": 5211207.55,
        "trend": 2.4445,
        "fair_value": 5.79009,
        "relative_strength": -42.406159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.640493,
        "energy": 73.112792,
        "activity_lines": [
          1.966667,
          2.031636,
          2.101048,
          2.240602
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1.86,
        "volume": 434902,
        "typical_volume": 5217660.65,
        "trend": 2.409833,
        "fair_value": 5.728167,
        "relative_strength": -40.622754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.15875,
        "energy": 72.497406,
        "activity_lines": [
          1.916667,
          1.993455,
          2.069857,
          2.202892
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1.68,
        "volume": 635736,
        "typical_volume": 5244696.3,
        "trend": 2.366333,
        "fair_value": 5.666628,
        "relative_strength": -43.865567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.896797,
        "energy": 84.302497,
        "activity_lines": [
          1.824,
          1.927818,
          2.023929,
          2.155806
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1.84,
        "volume": 184027,
        "typical_volume": 4832152.55,
        "trend": 2.328333,
        "fair_value": 5.6061,
        "relative_strength": -40.563831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.846273,
        "energy": 76.510077,
        "activity_lines": [
          1.808,
          1.899091,
          1.996667,
          2.121849
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1.78,
        "volume": 458967,
        "typical_volume": 863902.3,
        "trend": 2.290667,
        "fair_value": 5.548279,
        "relative_strength": -42.32923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.607534,
        "energy": 66.382262,
        "activity_lines": [
          1.79,
          1.864545,
          1.966905,
          2.086473
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2.47,
        "volume": 3354615,
        "typical_volume": 908575.0,
        "trend": 2.276667,
        "fair_value": 5.495651,
        "relative_strength": -17.785954,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": -11.648016,
        "energy": 12.599156,
        "activity_lines": [
          2.014,
          1.961091,
          2.006381,
          2.098043
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2.09,
        "volume": 1749128,
        "typical_volume": 937049.75,
        "trend": 2.249667,
        "fair_value": 5.442133,
        "relative_strength": -30.310258,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -26.545498,
        "energy": 18.851293,
        "activity_lines": [
          2.068667,
          1.983273,
          2.010143,
          2.086
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2.15,
        "volume": 424989,
        "typical_volume": 867718.25,
        "trend": 2.222333,
        "fair_value": 5.392069,
        "relative_strength": -28.381801,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -16.645241,
        "energy": 20.933088,
        "activity_lines": [
          2.128,
          2.016909,
          2.02119,
          2.07957
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1.95,
        "volume": 640138,
        "typical_volume": 831785.05,
        "trend": 2.180667,
        "fair_value": 5.329569,
        "relative_strength": -33.005818,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -24.480629,
        "energy": 23.204401,
        "activity_lines": [
          2.089333,
          2.012,
          2.012095,
          2.062
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1.98,
        "volume": 340932,
        "typical_volume": 812436.9,
        "trend": 2.145667,
        "fair_value": 5.249954,
        "relative_strength": -32.618808,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -19.405807,
        "energy": 9.612171,
        "activity_lines": [
          2.053333,
          2.015455,
          2.007048,
          2.049054
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1.93,
        "volume": 294361,
        "typical_volume": 795272.85,
        "trend": 2.116,
        "fair_value": 5.175018,
        "relative_strength": -32.83405,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -35.176394,
        "energy": 17.346793,
        "activity_lines": [
          1.987333,
          2.009455,
          1.997905,
          2.03514
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1.95,
        "volume": 314879,
        "typical_volume": 785689.55,
        "trend": 2.102167,
        "fair_value": 5.083287,
        "relative_strength": -31.453589,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -36.120073,
        "energy": 22.074531,
        "activity_lines": [
          1.964,
          2.005273,
          1.991095,
          2.02443
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1.81,
        "volume": 424440,
        "typical_volume": 778294.45,
        "trend": 2.0825,
        "fair_value": 4.998736,
        "relative_strength": -35.378446,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -48.429085,
        "energy": 33.665902,
        "activity_lines": [
          1.903333,
          1.974,
          1.971905,
          2.005581
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1.69,
        "volume": 459830,
        "typical_volume": 771477.9,
        "trend": 2.055,
        "fair_value": 4.920338,
        "relative_strength": -37.67028,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -68.075643,
        "energy": 56.294324,
        "activity_lines": [
          1.825333,
          1.918545,
          1.942714,
          1.980258
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1.7,
        "volume": 208167,
        "typical_volume": 748748.55,
        "trend": 2.027667,
        "fair_value": 4.84662,
        "relative_strength": -35.70308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.235692,
        "energy": 60.920404,
        "activity_lines": [
          1.768,
          1.867636,
          1.916524,
          1.957355
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1.65,
        "volume": 187930,
        "typical_volume": 734454.05,
        "trend": 1.997,
        "fair_value": 4.775659,
        "relative_strength": -37.383241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.564559,
        "energy": 68.278082,
        "activity_lines": [
          1.712667,
          1.809091,
          1.887429,
          1.932989
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1.7,
        "volume": 628193,
        "typical_volume": 717285.5,
        "trend": 1.973,
        "fair_value": 4.698095,
        "relative_strength": -34.32911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.926203,
        "energy": 64.377939,
        "activity_lines": [
          1.692667,
          1.774545,
          1.865619,
          1.913828
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.53,
        "volume": 349436,
        "typical_volume": 642473.95,
        "trend": 1.96,
        "fair_value": 4.633018,
        "relative_strength": -39.19927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.680657,
        "energy": 68.939717,
        "activity_lines": [
          1.632667,
          1.716182,
          1.829619,
          1.885247
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.44,
        "volume": 245691,
        "typical_volume": 621266.55,
        "trend": 1.934667,
        "fair_value": 4.566864,
        "relative_strength": -41.222341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.513968,
        "energy": 82.283919,
        "activity_lines": [
          1.561333,
          1.652727,
          1.787429,
          1.851699
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1.36,
        "volume": 497870,
        "typical_volume": 620148.05,
        "trend": 1.909333,
        "fair_value": 4.49712,
        "relative_strength": -42.378258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.627858,
        "energy": 90.440029,
        "activity_lines": [
          1.48,
          1.584,
          1.74081,
          1.814624
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1.55,
        "volume": 626669,
        "typical_volume": 623045.0,
        "trend": 1.893667,
        "fair_value": 4.427056,
        "relative_strength": -31.022746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.756599,
        "energy": 78.994148,
        "activity_lines": [
          1.484667,
          1.561091,
          1.715143,
          1.791441
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1.74,
        "volume": 720025,
        "typical_volume": 637301.15,
        "trend": 1.88,
        "fair_value": 4.363587,
        "relative_strength": -24.104614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.534311,
        "energy": 51.995197,
        "activity_lines": [
          1.559333,
          1.579636,
          1.708905,
          1.781527
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1.83,
        "volume": 352623,
        "typical_volume": 623145.5,
        "trend": 1.870667,
        "fair_value": 4.297626,
        "relative_strength": -22.249267,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.475884,
        "energy": 23.370234,
        "activity_lines": [
          1.661333,
          1.618364,
          1.71181,
          1.778301
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2.95,
        "volume": 13226356,
        "typical_volume": 1275261.95,
        "trend": 1.898333,
        "fair_value": 4.239613,
        "relative_strength": 19.237589,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.337638,
        "energy": 45.430016,
        "activity_lines": [
          2.116667,
          1.860364,
          1.820667,
          1.847935
        ]
      },
      {
        "date": "2026-04-24",
        "close": 2.11,
        "volume": 3670343,
        "typical_volume": 1435830.75,
        "trend": 1.899,
        "fair_value": 4.176215,
        "relative_strength": -15.200028,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.990747,
        "energy": 35.86265,
        "activity_lines": [
          2.191333,
          1.926727,
          1.844238,
          1.861591
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2.34,
        "volume": 1391380,
        "typical_volume": 1337669.0,
        "trend": 1.904333,
        "fair_value": 4.114292,
        "relative_strength": -6.113627,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.59238,
        "energy": 40.369063,
        "activity_lines": [
          2.292667,
          2.027455,
          1.888143,
          1.890043
        ]
      },
      {
        "date": "2026-05-08",
        "close": 2.75,
        "volume": 9186536,
        "typical_volume": 1709539.4,
        "trend": 1.925333,
        "fair_value": 4.055351,
        "relative_strength": 5.749737,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 75.502413,
        "energy": 66.759866,
        "activity_lines": [
          2.478,
          2.190182,
          1.971714,
          1.944602
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2.17,
        "volume": 4605602,
        "typical_volume": 1918570.05,
        "trend": 1.93,
        "fair_value": 3.990031,
        "relative_strength": -15.167146,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.610921,
        "energy": 39.328486,
        "activity_lines": [
          2.402667,
          2.228364,
          1.996905,
          1.960387
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2.37,
        "volume": 1966694,
        "typical_volume": 1984897.85,
        "trend": 1.938667,
        "fair_value": 3.929815,
        "relative_strength": -7.267685,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.791822,
        "energy": 35.527372,
        "activity_lines": [
          2.371333,
          2.291273,
          2.041048,
          1.988774
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2.23,
        "volume": 953089,
        "typical_volume": 2015505.7,
        "trend": 1.947667,
        "fair_value": 3.865649,
        "relative_strength": -13.935292,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.186555,
        "energy": 30.257011,
        "activity_lines": [
          2.332,
          2.311818,
          2.069857,
          2.00757
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.88,
        "volume": 1112167,
        "typical_volume": 2056396.0,
        "trend": 1.949333,
        "fair_value": 3.802315,
        "relative_strength": -22.581437,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 27.906619,
        "energy": 14.65324,
        "activity_lines": [
          2.168,
          2.252909,
          2.064143,
          2.003204
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2.02,
        "volume": 675634,
        "typical_volume": 2074433.75,
        "trend": 1.954667,
        "fair_value": 3.742187,
        "relative_strength": -17.322152,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.870725,
        "energy": 15.735222,
        "activity_lines": [
          2.081333,
          2.213455,
          2.072,
          2.007763
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2.17,
        "volume": 900114,
        "typical_volume": 2098217.45,
        "trend": 1.971,
        "fair_value": 3.682605,
        "relative_strength": -12.278274,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.521036,
        "energy": 15.371705,
        "activity_lines": [
          2.093333,
          2.196182,
          2.09381,
          2.021656
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2.09,
        "volume": 794146,
        "typical_volume": 2114933.25,
        "trend": 1.979333,
        "fair_value": 3.625995,
        "relative_strength": -10.827999,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.098413,
        "energy": 15.0019,
        "activity_lines": [
          2.078667,
          2.158182,
          2.106286,
          2.029333
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2.09,
        "volume": 506436,
        "typical_volume": 2129846.7,
        "trend": 1.989667,
        "fair_value": 3.574,
        "relative_strength": -10.866563,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.94758,
        "energy": 12.058907,
        "activity_lines": [
          2.082667,
          2.135818,
          2.116857,
          2.036473
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2.02,
        "volume": 462157,
        "typical_volume": 2143558.05,
        "trend": 1.974667,
        "fair_value": 3.520026,
        "relative_strength": -14.500116,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.55945,
        "energy": 6.8581,
        "activity_lines": [
          2.072667,
          2.101091,
          2.118905,
          2.03843
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.96,
        "volume": 611526,
        "typical_volume": 2142724.7,
        "trend": 1.970333,
        "fair_value": 3.471959,
        "relative_strength": -12.567542,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.377936,
        "energy": 7.265882,
        "activity_lines": [
          2.033333,
          2.061273,
          2.113476,
          2.037484
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.28,
        "volume": 2175326,
        "typical_volume": 2234019.2,
        "trend": 1.941333,
        "fair_value": 3.422756,
        "relative_strength": -41.030991,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.871913,
        "energy": 40.848022,
        "activity_lines": [
          1.771333,
          1.912182,
          2.042048,
          1.992946
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.22,
        "volume": 639344,
        "typical_volume": 2253701.85,
        "trend": 1.917,
        "fair_value": 3.376577,
        "relative_strength": -43.203021,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.802202,
        "energy": 56.556476,
        "activity_lines": [
          1.548667,
          1.768364,
          1.966095,
          1.946409
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.4,
        "volume": 496479,
        "typical_volume": 2253632.3,
        "trend": 1.897667,
        "fair_value": 3.327244,
        "relative_strength": -37.435428,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.547272,
        "energy": 66.272359,
        "activity_lines": [
          1.444,
          1.678182,
          1.908333,
          1.913054
        ]
      }
    ],
    "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."
    }
  }
}