{
  "ticker": {
    "uuid": "f1f95d09-4789-467d-bb09-f592cf8e693a",
    "symbol": "PRI",
    "name": "Primo Service Solutions Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 81.77,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -14.808,
    "architecture_energy": 22.738,
    "architecture_maturity": 100.0,
    "architecture_confidence": 38.369,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 54.82,
        "rotation_up": 39.32,
        "upward_expansion": 21.3,
        "deceleration": 44.14,
        "rotation_down": 15.65,
        "downward_expansion": 52.97
      },
      "activity_lines": [
        3.572,
        3.497455,
        3.524851,
        3.603796
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 3.66,
    "trend_reference": 3.728552,
    "distance_from_trend": -0.018386,
    "trend_direction": "Weakening",
    "fair_value": 8.723712,
    "distance_from_fair_value": -0.580454,
    "fair_value_direction": "Improving",
    "relative_strength": -22.841219,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.098592,
    "excess_performance": -0.290917,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.018386,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.066805,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.580454,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.047356,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.228412,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.011014,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.098592,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.61644,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 888500,
      "relative_activity": 1.693768,
      "balance": 2.61644,
      "dry_up": 1.422403,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.039933,
      "annualized_volatility": 0.203037,
      "from_high_reference": -0.295413,
      "from_low_reference": 0.115854
    },
    "levels": {
      "trend_reference": 3.728552,
      "fair_value_reference": 8.723712,
      "structural_low": 3.28,
      "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": 20,
        "median_return": -0.044312,
        "positive_rate": 0.25,
        "directional_follow_through": 0.7,
        "median_excess_return": -0.036998,
        "regime_survival": 0.9,
        "best_return": 0.252747,
        "worst_return": -0.216495,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.084644,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.16077,
        "regime_survival": 0.714286,
        "best_return": 0.204878,
        "worst_return": -0.297276,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.139163,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.227162,
        "regime_survival": 0.5,
        "best_return": 0.029268,
        "worst_return": -0.471892,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.352862,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.475516,
        "regime_survival": 1.0,
        "best_return": -0.196866,
        "worst_return": -0.508858,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-07",
        "end": "2024-09-20",
        "tenure": "Established",
        "return": 0.196078,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-09-27",
        "end": "2024-10-04",
        "tenure": "New",
        "return": -0.04386,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-11",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": -0.275708,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-27",
        "end": "2025-08-08",
        "tenure": "Extended",
        "return": -0.330204,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-12-12",
        "tenure": "Established",
        "return": -0.132674,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-19",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.004695,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.098592,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 22.867971,
        "volume": 3184200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 23.068569,
        "volume": 2200400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 23.99925,
        "volume": 2438800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 23.185717,
        "volume": 1281400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 25.62632,
        "volume": 6135800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 24.406017,
        "volume": 2831600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 23.185717,
        "volume": 1332200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 23.389101,
        "volume": 2050600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 22.778948,
        "volume": 928700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 19.931581,
        "volume": 1557900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 20.17564,
        "volume": 492700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 19.931581,
        "volume": 1701600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 19.118048,
        "volume": 1539400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 16.677446,
        "volume": 4146300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 17.328272,
        "volume": 16741600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 17.165567,
        "volume": 4903600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 17.816393,
        "volume": 3511500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 17.165567,
        "volume": 2100500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 19.036692,
        "volume": 4423800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 18.955339,
        "volume": 4049500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 19.524813,
        "volume": 3795600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 18.873987,
        "volume": 2595700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 17.246918,
        "volume": 2549100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 16.514738,
        "volume": 1561200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 17.246918,
        "volume": 1265900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 17.002861,
        "volume": 1632500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 17.165567,
        "volume": 1857200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 17.002861,
        "volume": 1177200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 15.945265,
        "volume": 3697600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 14.969024,
        "volume": 3642600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 14.963396,
        "volume": 4631000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 14.189428,
        "volume": 3077200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 14.447416,
        "volume": 1342700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 12.727488,
        "volume": 4771200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 13.243465,
        "volume": 2206800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 12.125511,
        "volume": 1777200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 12.64149,
        "volume": 1071000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 12.3835,
        "volume": 478700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 12.039515,
        "volume": 1431200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 10.749567,
        "volume": 6059500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 10.749567,
        "volume": 803300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 9.287625,
        "volume": 3108500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8.771646,
        "volume": 3844600,
        "typical_volume": 2471855.0,
        "trend": 15.131928,
        "fair_value": 20.905715,
        "relative_strength": -48.894922,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.396399,
        "energy": 95.450357,
        "activity_lines": [
          9.786405,
          10.779274,
          12.324231,
          13.623919
        ]
      },
      {
        "date": "2024-06-14",
        "close": 8.685649,
        "volume": 2797100,
        "typical_volume": 2533650.0,
        "trend": 14.865535,
        "fair_value": 20.75485,
        "relative_strength": -47.480895,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.439861,
        "energy": 93.34666,
        "activity_lines": [
          9.24176,
          10.272676,
          11.845879,
          13.20803
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8.513656,
        "volume": 3362200,
        "typical_volume": 2638465.0,
        "trend": 14.571714,
        "fair_value": 20.605567,
        "relative_strength": -47.504473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.24384,
        "energy": 91.890066,
        "activity_lines": [
          8.863375,
          9.808295,
          11.388429,
          12.798231
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8.470658,
        "volume": 1663300,
        "typical_volume": 2640005.0,
        "trend": 14.281884,
        "fair_value": 20.459363,
        "relative_strength": -46.711191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.311508,
        "energy": 86.206232,
        "activity_lines": [
          8.619719,
          9.422092,
          10.96847,
          12.404615
        ]
      },
      {
        "date": "2024-07-05",
        "close": 8.341663,
        "volume": 2405600,
        "typical_volume": 2667425.0,
        "trend": 13.96606,
        "fair_value": 20.315105,
        "relative_strength": -47.16074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.617273,
        "energy": 82.999401,
        "activity_lines": [
          8.484991,
          9.078888,
          10.576855,
          12.021374
        ]
      },
      {
        "date": "2024-07-12",
        "close": 9.545615,
        "volume": 8768800,
        "typical_volume": 3047005.0,
        "trend": 13.712061,
        "fair_value": 20.188405,
        "relative_strength": -39.592669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.589156,
        "energy": 66.545997,
        "activity_lines": [
          8.814644,
          9.032763,
          10.341922,
          11.736184
        ]
      },
      {
        "date": "2024-07-19",
        "close": 7.137712,
        "volume": 7693800,
        "typical_volume": 3246815.0,
        "trend": 13.315429,
        "fair_value": 20.036653,
        "relative_strength": -53.532197,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.47839,
        "energy": 73.756623,
        "activity_lines": [
          8.290065,
          8.600435,
          9.913174,
          11.312033
        ]
      },
      {
        "date": "2024-07-26",
        "close": 6.578734,
        "volume": 3551200,
        "typical_volume": 3242245.0,
        "trend": 12.902875,
        "fair_value": 19.881964,
        "relative_strength": -56.157257,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.185902,
        "energy": 74.268878,
        "activity_lines": [
          7.682356,
          8.155598,
          9.473132,
          10.877407
        ]
      },
      {
        "date": "2024-08-02",
        "close": 6.535736,
        "volume": 1840700,
        "typical_volume": 3102730.0,
        "trend": 12.469906,
        "fair_value": 19.730302,
        "relative_strength": -55.922057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.836075,
        "energy": 72.583527,
        "activity_lines": [
          7.18931,
          7.778777,
          9.068948,
          10.466624
        ]
      },
      {
        "date": "2024-08-09",
        "close": 6.062756,
        "volume": 5882600,
        "typical_volume": 3243000.0,
        "trend": 12.042865,
        "fair_value": 19.576734,
        "relative_strength": -57.959568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.763551,
        "energy": 86.817151,
        "activity_lines": [
          6.667598,
          7.392574,
          8.659851,
          10.05326
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7.051715,
        "volume": 9205200,
        "typical_volume": 3636125.0,
        "trend": 11.703025,
        "fair_value": 19.437567,
        "relative_strength": -50.498956,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.799572,
        "energy": 76.736638,
        "activity_lines": [
          6.627466,
          7.244817,
          8.383638,
          9.73125
        ]
      },
      {
        "date": "2024-08-23",
        "close": 8.040675,
        "volume": 4655400,
        "typical_volume": 3630335.0,
        "trend": 11.420556,
        "fair_value": 19.312327,
        "relative_strength": -44.859144,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.153678,
        "energy": 63.99017,
        "activity_lines": [
          7.083247,
          7.308141,
          8.236829,
          9.494969
        ]
      },
      {
        "date": "2024-08-30",
        "close": 7.825685,
        "volume": 3366200,
        "typical_volume": 3688305.0,
        "trend": 11.106515,
        "fair_value": 19.187472,
        "relative_strength": -45.564506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.917663,
        "energy": 51.995902,
        "activity_lines": [
          7.407168,
          7.344104,
          8.091864,
          9.263042
        ]
      },
      {
        "date": "2024-09-06",
        "close": 9.717607,
        "volume": 10563900,
        "typical_volume": 4127640.0,
        "trend": 10.863673,
        "fair_value": 19.085646,
        "relative_strength": -34.679636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.889428,
        "energy": 24.408665,
        "activity_lines": [
          8.278599,
          7.73656,
          8.15288,
          9.173435
        ]
      },
      {
        "date": "2024-09-13",
        "close": 9.373621,
        "volume": 6127100,
        "typical_volume": 4380445.0,
        "trend": 10.603942,
        "fair_value": 18.982326,
        "relative_strength": -35.656172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.017986,
        "energy": 27.396805,
        "activity_lines": [
          8.823244,
          8.043802,
          8.192603,
          9.077303
        ]
      },
      {
        "date": "2024-09-20",
        "close": 10.491577,
        "volume": 14070200,
        "typical_volume": 5060020.0,
        "trend": 10.386899,
        "fair_value": 18.89295,
        "relative_strength": -28.147267,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 16.789546,
        "energy": 32.281333,
        "activity_lines": [
          9.519816,
          8.535546,
          8.354358,
          9.070054
        ]
      },
      {
        "date": "2024-09-27",
        "close": 9.803604,
        "volume": 5638500,
        "typical_volume": 5270385.0,
        "trend": 10.182177,
        "fair_value": 18.798269,
        "relative_strength": -31.611246,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 5.077183,
        "energy": 30.328416,
        "activity_lines": [
          9.757739,
          8.885005,
          8.459601,
          9.032422
        ]
      },
      {
        "date": "2024-10-04",
        "close": 9.373621,
        "volume": 5315100,
        "typical_volume": 5233165.0,
        "trend": 9.995663,
        "fair_value": 18.701108,
        "relative_strength": -33.071599,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 3.123054,
        "energy": 25.088075,
        "activity_lines": [
          9.734807,
          9.107814,
          8.534541,
          8.980257
        ]
      },
      {
        "date": "2024-10-11",
        "close": 9.287625,
        "volume": 3324500,
        "typical_volume": 5359225.0,
        "trend": 9.806471,
        "fair_value": 18.605052,
        "relative_strength": -33.616349,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 1.858311,
        "energy": 20.461288,
        "activity_lines": [
          9.580013,
          9.264171,
          8.607843,
          8.934577
        ]
      },
      {
        "date": "2024-10-18",
        "close": 9.373621,
        "volume": 6196400,
        "typical_volume": 5513620.0,
        "trend": 9.645944,
        "fair_value": 18.511805,
        "relative_strength": -32.808892,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -2.04163,
        "energy": 13.570525,
        "activity_lines": [
          9.48255,
          9.38613,
          8.696296,
          8.906651
        ]
      },
      {
        "date": "2024-10-25",
        "close": 8.685649,
        "volume": 2941500,
        "typical_volume": 5468465.0,
        "trend": 9.453885,
        "fair_value": 18.413544,
        "relative_strength": -35.47786,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -19.959792,
        "energy": 12.308715,
        "activity_lines": [
          9.155763,
          9.322805,
          8.718819,
          8.844697
        ]
      },
      {
        "date": "2024-11-01",
        "close": 8.771646,
        "volume": 2581500,
        "typical_volume": 5457685.0,
        "trend": 9.322024,
        "fair_value": 18.318079,
        "relative_strength": -33.757888,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -23.761724,
        "energy": 15.960411,
        "activity_lines": [
          8.978037,
          9.245408,
          8.749942,
          8.800681
        ]
      },
      {
        "date": "2024-11-08",
        "close": 8.126672,
        "volume": 3679500,
        "typical_volume": 5473550.0,
        "trend": 9.151464,
        "fair_value": 18.218163,
        "relative_strength": -37.560389,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.009201,
        "energy": 25.449055,
        "activity_lines": [
          8.654117,
          9.037453,
          8.719229,
          8.723562
        ]
      },
      {
        "date": "2024-11-15",
        "close": 7.825685,
        "volume": 2607300,
        "typical_volume": 5520750.0,
        "trend": 9.008136,
        "fair_value": 18.117266,
        "relative_strength": -38.102222,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -40.267403,
        "energy": 30.695149,
        "activity_lines": [
          8.312998,
          8.769301,
          8.661693,
          8.638028
        ]
      },
      {
        "date": "2024-11-22",
        "close": 8.040675,
        "volume": 3720900,
        "typical_volume": 5586515.0,
        "trend": 8.854776,
        "fair_value": 18.020375,
        "relative_strength": -35.596387,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.189267,
        "energy": 33.435399,
        "activity_lines": [
          8.141005,
          8.574636,
          8.627704,
          8.575611
        ]
      },
      {
        "date": "2024-11-29",
        "close": 8.117186,
        "volume": 3350800,
        "typical_volume": 5315615.0,
        "trend": 8.712565,
        "fair_value": 17.926059,
        "relative_strength": -33.123501,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.178902,
        "energy": 36.505347,
        "activity_lines": [
          8.083378,
          8.418117,
          8.602435,
          8.528024
        ]
      },
      {
        "date": "2024-12-06",
        "close": 7.713569,
        "volume": 1873300,
        "typical_volume": 5024590.0,
        "trend": 8.568367,
        "fair_value": 17.829715,
        "relative_strength": -36.426519,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.473188,
        "energy": 51.480743,
        "activity_lines": [
          7.92911,
          8.231385,
          8.545528,
          8.463573
        ]
      },
      {
        "date": "2024-12-13",
        "close": 7.534183,
        "volume": 1582500,
        "typical_volume": 4926155.0,
        "trend": 8.461188,
        "fair_value": 17.733495,
        "relative_strength": -35.982247,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -37.987483,
        "energy": 46.880939,
        "activity_lines": [
          7.785586,
          8.050037,
          8.468795,
          8.396851
        ]
      },
      {
        "date": "2024-12-20",
        "close": 6.726949,
        "volume": 2313000,
        "typical_volume": 4949770.0,
        "trend": 8.327101,
        "fair_value": 17.631583,
        "relative_strength": -38.818766,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -71.270056,
        "energy": 69.591146,
        "activity_lines": [
          7.412482,
          7.755364,
          8.310632,
          8.284965
        ]
      },
      {
        "date": "2024-12-27",
        "close": 7.399644,
        "volume": 1379200,
        "typical_volume": 4724600.0,
        "trend": 8.264168,
        "fair_value": 17.537712,
        "relative_strength": -33.154105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.899468,
        "energy": 68.085591,
        "activity_lines": [
          7.336859,
          7.629557,
          8.215625,
          8.225129
        ]
      },
      {
        "date": "2025-01-03",
        "close": 7.309951,
        "volume": 308800,
        "typical_volume": 4279780.0,
        "trend": 8.215445,
        "fair_value": 17.444732,
        "relative_strength": -31.773602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.263662,
        "energy": 69.075311,
        "activity_lines": [
          7.274074,
          7.523332,
          8.10571,
          8.163567
        ]
      },
      {
        "date": "2025-01-10",
        "close": 6.861488,
        "volume": 2752500,
        "typical_volume": 4184635.0,
        "trend": 8.154639,
        "fair_value": 17.349387,
        "relative_strength": -33.802558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.165978,
        "energy": 74.82625,
        "activity_lines": [
          7.115617,
          7.360582,
          7.951855,
          8.076215
        ]
      },
      {
        "date": "2025-01-17",
        "close": 7.130566,
        "volume": 1447700,
        "typical_volume": 4088710.0,
        "trend": 8.108536,
        "fair_value": 17.258148,
        "relative_strength": -28.504039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.14047,
        "energy": 60.772656,
        "activity_lines": [
          7.103658,
          7.281484,
          7.829241,
          8.010145
        ]
      },
      {
        "date": "2025-01-24",
        "close": 7.175413,
        "volume": 1370400,
        "typical_volume": 3629035.0,
        "trend": 8.065361,
        "fair_value": 17.16892,
        "relative_strength": -27.499353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.561044,
        "energy": 56.726343,
        "activity_lines": [
          7.133556,
          7.228652,
          7.714208,
          7.949944
        ]
      },
      {
        "date": "2025-01-31",
        "close": 6.951181,
        "volume": 1021100,
        "typical_volume": 3373735.0,
        "trend": 8.019012,
        "fair_value": 17.079291,
        "relative_strength": -26.259083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.956629,
        "energy": 53.78311,
        "activity_lines": [
          7.058812,
          7.146874,
          7.589925,
          7.878061
        ]
      },
      {
        "date": "2025-02-07",
        "close": 6.323333,
        "volume": 1948200,
        "typical_volume": 2767635.0,
        "trend": 7.911603,
        "fair_value": 16.985761,
        "relative_strength": -29.847752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.722631,
        "energy": 68.75601,
        "activity_lines": [
          6.804683,
          6.97075,
          7.417383,
          7.768663
        ]
      },
      {
        "date": "2025-02-14",
        "close": 6.009408,
        "volume": 1194500,
        "typical_volume": 2545435.0,
        "trend": 7.873992,
        "fair_value": 16.891137,
        "relative_strength": -31.369203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.180443,
        "energy": 82.018939,
        "activity_lines": [
          6.511687,
          6.770165,
          7.234792,
          7.64594
        ]
      },
      {
        "date": "2025-02-21",
        "close": 6.682103,
        "volume": 1278200,
        "typical_volume": 2343590.0,
        "trend": 7.877438,
        "fair_value": 16.80388,
        "relative_strength": -20.592837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.066854,
        "energy": 68.51811,
        "activity_lines": [
          6.499728,
          6.722872,
          7.134335,
          7.569044
        ]
      },
      {
        "date": "2025-02-28",
        "close": 4.484633,
        "volume": 5334300,
        "typical_volume": 2444080.0,
        "trend": 7.809068,
        "fair_value": 16.69948,
        "relative_strength": -43.549673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.236916,
        "energy": 92.017673,
        "activity_lines": [
          5.785177,
          6.291532,
          6.837412,
          7.350154
        ]
      },
      {
        "date": "2025-03-07",
        "close": 4.708865,
        "volume": 3822100,
        "typical_volume": 2325365.0,
        "trend": 7.763938,
        "fair_value": 16.598719,
        "relative_strength": -39.42966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.900245,
        "energy": 91.39671,
        "activity_lines": [
          5.324754,
          5.941731,
          6.584715,
          7.150141
        ]
      },
      {
        "date": "2025-03-14",
        "close": 4.843403,
        "volume": 852900,
        "typical_volume": 2220935.0,
        "trend": 7.690328,
        "fair_value": 16.500758,
        "relative_strength": -34.907737,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.585222,
        "energy": 87.083583,
        "activity_lines": [
          5.058666,
          5.665314,
          6.367045,
          6.961719
        ]
      },
      {
        "date": "2025-03-21",
        "close": 5.291867,
        "volume": 913400,
        "typical_volume": 2137530.0,
        "trend": 7.598701,
        "fair_value": 16.408122,
        "relative_strength": -28.387611,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.414411,
        "energy": 85.393008,
        "activity_lines": [
          5.040727,
          5.515283,
          6.210382,
          6.80698
        ]
      },
      {
        "date": "2025-03-28",
        "close": 5.560945,
        "volume": 900400,
        "typical_volume": 1998575.0,
        "trend": 7.52321,
        "fair_value": 16.319211,
        "relative_strength": -22.657583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.55864,
        "energy": 61.99711,
        "activity_lines": [
          5.160318,
          5.442714,
          6.095916,
          6.675511
        ]
      },
      {
        "date": "2025-04-04",
        "close": 4.933096,
        "volume": 440600,
        "typical_volume": 1890240.0,
        "trend": 7.363726,
        "fair_value": 16.226641,
        "relative_strength": -27.21234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.445382,
        "energy": 57.473235,
        "activity_lines": [
          5.145369,
          5.284528,
          5.933873,
          6.508407
        ]
      },
      {
        "date": "2025-04-11",
        "close": 4.664018,
        "volume": 815800,
        "typical_volume": 1744985.0,
        "trend": 7.206739,
        "fair_value": 16.133394,
        "relative_strength": -30.200264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.341868,
        "energy": 56.098365,
        "activity_lines": [
          5.01083,
          5.118189,
          5.759977,
          6.334233
        ]
      },
      {
        "date": "2025-04-18",
        "close": 5.022789,
        "volume": 224900,
        "typical_volume": 1588690.0,
        "trend": 7.024446,
        "fair_value": 16.044509,
        "relative_strength": -25.134444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.760287,
        "energy": 49.520563,
        "activity_lines": [
          4.998871,
          5.058666,
          5.636329,
          6.193333
        ]
      },
      {
        "date": "2025-04-25",
        "close": 4.888249,
        "volume": 154600,
        "typical_volume": 1502755.0,
        "trend": 6.860601,
        "fair_value": 15.955967,
        "relative_strength": -26.413082,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.363858,
        "energy": 50.464413,
        "activity_lines": [
          4.930106,
          4.998327,
          5.514604,
          6.055513
        ]
      },
      {
        "date": "2025-05-02",
        "close": 4.888249,
        "volume": 114700,
        "typical_volume": 1429365.0,
        "trend": 6.711089,
        "fair_value": 15.86882,
        "relative_strength": -27.66236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.628571,
        "energy": 48.684865,
        "activity_lines": [
          4.888249,
          4.958373,
          5.406332,
          5.928265
        ]
      },
      {
        "date": "2025-05-09",
        "close": 4.619172,
        "volume": 140500,
        "typical_volume": 1320740.0,
        "trend": 6.555474,
        "fair_value": 15.780932,
        "relative_strength": -31.153914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.554401,
        "energy": 50.075503,
        "activity_lines": [
          4.801547,
          4.902111,
          5.285033,
          5.793303
        ]
      },
      {
        "date": "2025-05-16",
        "close": 4.888249,
        "volume": 608800,
        "typical_volume": 1282220.0,
        "trend": 6.405961,
        "fair_value": 15.696493,
        "relative_strength": -25.262918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.891343,
        "energy": 44.892276,
        "activity_lines": [
          4.825464,
          4.892326,
          5.199398,
          5.68574
        ]
      },
      {
        "date": "2025-05-23",
        "close": 4.753711,
        "volume": 954500,
        "typical_volume": 1314505.0,
        "trend": 6.274897,
        "fair_value": 15.612317,
        "relative_strength": -25.110354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.066179,
        "energy": 45.089434,
        "activity_lines": [
          4.789588,
          4.854819,
          5.112908,
          5.579143
        ]
      },
      {
        "date": "2025-05-30",
        "close": 4.575,
        "volume": 3798700,
        "typical_volume": 1366815.0,
        "trend": 6.135008,
        "fair_value": 15.528063,
        "relative_strength": -25.445005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.346606,
        "energy": 61.246803,
        "activity_lines": [
          4.712079,
          4.786449,
          5.021572,
          5.469472
        ]
      },
      {
        "date": "2025-06-06",
        "close": 4.308125,
        "volume": 192300,
        "typical_volume": 1304045.0,
        "trend": 6.007723,
        "fair_value": 15.443063,
        "relative_strength": -28.285614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.308682,
        "energy": 74.403941,
        "activity_lines": [
          4.566495,
          4.68259,
          4.915706,
          5.351609
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4.155625,
        "volume": 365400,
        "typical_volume": 1253795.0,
        "trend": 5.885388,
        "fair_value": 15.358195,
        "relative_strength": -29.219536,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.104807,
        "energy": 81.012604,
        "activity_lines": [
          4.408753,
          4.573783,
          4.808757,
          5.232118
        ]
      },
      {
        "date": "2025-06-20",
        "close": 3.869688,
        "volume": 220400,
        "typical_volume": 1213760.0,
        "trend": 5.746355,
        "fair_value": 15.27246,
        "relative_strength": -29.94489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.642017,
        "energy": 91.141633,
        "activity_lines": [
          4.186602,
          4.427123,
          4.688956,
          5.102073
        ]
      },
      {
        "date": "2025-06-27",
        "close": 3.907812,
        "volume": 608600,
        "typical_volume": 1146780.0,
        "trend": 5.606043,
        "fair_value": 15.188278,
        "relative_strength": -29.460804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.473433,
        "energy": 89.748472,
        "activity_lines": [
          4.045062,
          4.301836,
          4.587459,
          4.983458
        ]
      },
      {
        "date": "2025-07-04",
        "close": 3.945937,
        "volume": 367800,
        "typical_volume": 1105445.0,
        "trend": 5.480455,
        "fair_value": 15.105614,
        "relative_strength": -30.41773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.167648,
        "energy": 88.086537,
        "activity_lines": [
          3.972625,
          4.203754,
          4.501096,
          4.876354
        ]
      },
      {
        "date": "2025-07-11",
        "close": 4.04125,
        "volume": 417400,
        "typical_volume": 1062405.0,
        "trend": 5.364024,
        "fair_value": 15.024852,
        "relative_strength": -27.836533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.859615,
        "energy": 86.871419,
        "activity_lines": [
          3.973896,
          4.140135,
          4.433636,
          4.783502
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4.479687,
        "volume": 651400,
        "typical_volume": 828260.0,
        "trend": 5.289115,
        "fair_value": 14.948438,
        "relative_strength": -25.181032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.906364,
        "energy": 59.707908,
        "activity_lines": [
          4.139104,
          4.171631,
          4.420508,
          4.726448
        ]
      },
      {
        "date": "2025-07-25",
        "close": 4.613125,
        "volume": 192100,
        "typical_volume": 646760.0,
        "trend": 5.196231,
        "fair_value": 14.874083,
        "relative_strength": -23.251905,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.01925,
        "energy": 36.754168,
        "activity_lines": [
          4.327187,
          4.229925,
          4.420112,
          4.682836
        ]
      },
      {
        "date": "2025-08-01",
        "close": 4.7275,
        "volume": 77600,
        "typical_volume": 607995.0,
        "trend": 5.11015,
        "fair_value": 14.801607,
        "relative_strength": -21.088099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.514123,
        "energy": 27.514494,
        "activity_lines": [
          4.503833,
          4.314017,
          4.431064,
          4.652595
        ]
      },
      {
        "date": "2025-08-08",
        "close": 4.95625,
        "volume": 540400,
        "typical_volume": 589345.0,
        "trend": 5.046642,
        "fair_value": 14.731782,
        "relative_strength": -19.715057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 1.87338,
        "energy": 26.482655,
        "activity_lines": [
          4.702083,
          4.440176,
          4.464354,
          4.642666
        ]
      },
      {
        "date": "2025-08-15",
        "close": 4.813282,
        "volume": 228000,
        "typical_volume": 555725.0,
        "trend": 4.969399,
        "fair_value": 14.661933,
        "relative_strength": -21.563454,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.354056,
        "energy": 29.18957,
        "activity_lines": [
          4.785323,
          4.533409,
          4.485626,
          4.627611
        ]
      },
      {
        "date": "2025-08-22",
        "close": 4.746562,
        "volume": 3075700,
        "typical_volume": 687480.0,
        "trend": 4.888437,
        "fair_value": 14.592595,
        "relative_strength": -21.614158,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.194258,
        "energy": 25.052456,
        "activity_lines": [
          4.794854,
          4.605327,
          4.504104,
          4.613234
        ]
      },
      {
        "date": "2025-08-29",
        "close": 4.746562,
        "volume": 588100,
        "typical_volume": 676095.0,
        "trend": 4.81495,
        "fair_value": 14.52422,
        "relative_strength": -19.938712,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.060769,
        "energy": 22.085271,
        "activity_lines": [
          4.786594,
          4.6665,
          4.523471,
          4.604081
        ]
      },
      {
        "date": "2025-09-05",
        "close": 4.555938,
        "volume": 1794900,
        "typical_volume": 754595.0,
        "trend": 4.756037,
        "fair_value": 14.455473,
        "relative_strength": -23.888387,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.271958,
        "energy": 12.206518,
        "activity_lines": [
          4.705896,
          4.677071,
          4.52429,
          4.58737
        ]
      },
      {
        "date": "2025-09-12",
        "close": 4.813282,
        "volume": 1964300,
        "typical_volume": 845080.0,
        "trend": 4.716166,
        "fair_value": 14.389431,
        "relative_strength": -20.456214,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.522374,
        "energy": 11.702404,
        "activity_lines": [
          4.722417,
          4.722648,
          4.55184,
          4.591064
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4.908594,
        "volume": 1863600,
        "typical_volume": 932525.0,
        "trend": 4.657049,
        "fair_value": 14.324935,
        "relative_strength": -17.663547,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.541592,
        "energy": 18.150319,
        "activity_lines": [
          4.78024,
          4.769784,
          4.588826,
          4.603478
        ]
      },
      {
        "date": "2025-09-26",
        "close": 4.708437,
        "volume": 1669400,
        "typical_volume": 1008970.0,
        "trend": 4.664509,
        "fair_value": 14.259959,
        "relative_strength": -19.119289,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.043289,
        "energy": 12.034649,
        "activity_lines": [
          4.76499,
          4.764759,
          4.606651,
          4.606794
        ]
      },
      {
        "date": "2025-10-03",
        "close": 4.670312,
        "volume": 954200,
        "typical_volume": 1026240.0,
        "trend": 4.663224,
        "fair_value": 14.195599,
        "relative_strength": -19.719711,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.458803,
        "energy": 12.583387,
        "activity_lines": [
          4.739573,
          4.748642,
          4.620421,
          4.607168
        ]
      },
      {
        "date": "2025-10-10",
        "close": 4.670312,
        "volume": 275800,
        "typical_volume": 992305.0,
        "trend": 4.657454,
        "fair_value": 14.132097,
        "relative_strength": -18.367534,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.157595,
        "energy": 8.859871,
        "activity_lines": [
          4.719239,
          4.731486,
          4.635228,
          4.607625
        ]
      },
      {
        "date": "2025-10-17",
        "close": 4.517812,
        "volume": 129400,
        "typical_volume": 808840.0,
        "trend": 4.631652,
        "fair_value": 14.068426,
        "relative_strength": -19.3077,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.38543,
        "energy": 8.541108,
        "activity_lines": [
          4.640447,
          4.687642,
          4.635909,
          4.598616
        ]
      },
      {
        "date": "2025-10-24",
        "close": 4.517812,
        "volume": 236200,
        "typical_volume": 811035.0,
        "trend": 4.596881,
        "fair_value": 14.005593,
        "relative_strength": -20.85617,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -9.671666,
        "energy": 12.469374,
        "activity_lines": [
          4.581354,
          4.65177,
          4.636862,
          4.591272
        ]
      },
      {
        "date": "2025-10-31",
        "close": 4.479687,
        "volume": 255300,
        "typical_volume": 805530.0,
        "trend": 4.581768,
        "fair_value": 13.943332,
        "relative_strength": -20.353737,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -15.297891,
        "energy": 17.467533,
        "activity_lines": [
          4.535604,
          4.614338,
          4.633186,
          4.583711
        ]
      },
      {
        "date": "2025-11-07",
        "close": 4.365313,
        "volume": 63300,
        "typical_volume": 797675.0,
        "trend": 4.571811,
        "fair_value": 13.881137,
        "relative_strength": -21.219405,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -34.488002,
        "energy": 37.473481,
        "activity_lines": [
          4.466979,
          4.560963,
          4.617074,
          4.569746
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4.479687,
        "volume": 477200,
        "typical_volume": 791105.0,
        "trend": 4.553707,
        "fair_value": 13.820483,
        "relative_strength": -16.294639,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -16.400545,
        "energy": 32.845126,
        "activity_lines": [
          4.456812,
          4.535315,
          4.609494,
          4.563802
        ]
      },
      {
        "date": "2025-11-21",
        "close": 4.536875,
        "volume": 179900,
        "typical_volume": 781710.0,
        "trend": 4.541995,
        "fair_value": 13.760973,
        "relative_strength": -13.454957,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -16.008197,
        "energy": 31.707562,
        "activity_lines": [
          4.478417,
          4.521451,
          4.604637,
          4.562716
        ]
      },
      {
        "date": "2025-11-28",
        "close": 4.327188,
        "volume": 193900,
        "typical_volume": 770535.0,
        "trend": 4.523293,
        "fair_value": 13.688927,
        "relative_strength": -16.746098,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -28.182604,
        "energy": 36.854551,
        "activity_lines": [
          4.428854,
          4.474489,
          4.576997,
          4.548858
        ]
      },
      {
        "date": "2025-12-05",
        "close": 4.441562,
        "volume": 109000,
        "typical_volume": 743415.0,
        "trend": 4.517373,
        "fair_value": 13.601156,
        "relative_strength": -14.969669,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -15.347397,
        "energy": 18.74961,
        "activity_lines": [
          4.430125,
          4.458892,
          4.558888,
          4.543585
        ]
      },
      {
        "date": "2025-12-12",
        "close": 4.174687,
        "volume": 126700,
        "typical_volume": 740145.0,
        "trend": 4.493587,
        "fair_value": 13.51476,
        "relative_strength": -18.082429,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -47.62728,
        "energy": 49.056987,
        "activity_lines": [
          4.344979,
          4.399625,
          4.515543,
          4.521476
        ]
      },
      {
        "date": "2025-12-19",
        "close": 4.060313,
        "volume": 217000,
        "typical_volume": 747115.0,
        "trend": 4.470474,
        "fair_value": 13.420944,
        "relative_strength": -19.563658,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.664621,
        "energy": 69.341721,
        "activity_lines": [
          4.234417,
          4.328574,
          4.463393,
          4.493523
        ]
      },
      {
        "date": "2025-12-26",
        "close": 4.022187,
        "volume": 148700,
        "typical_volume": 727530.0,
        "trend": 4.452047,
        "fair_value": 13.320197,
        "relative_strength": -19.969347,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.132452,
        "energy": 75.280282,
        "activity_lines": [
          4.139104,
          4.261682,
          4.41079,
          4.464601
        ]
      },
      {
        "date": "2026-01-02",
        "close": 4.079375,
        "volume": 63200,
        "typical_volume": 719290.0,
        "trend": 4.444422,
        "fair_value": 13.227532,
        "relative_strength": -18.052863,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -69.451227,
        "energy": 84.592945,
        "activity_lines": [
          4.097167,
          4.214199,
          4.368081,
          4.440558
        ]
      },
      {
        "date": "2026-01-09",
        "close": 4.060313,
        "volume": 421100,
        "typical_volume": 586560.0,
        "trend": 4.441245,
        "fair_value": 13.12703,
        "relative_strength": -17.357793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.429668,
        "energy": 83.475604,
        "activity_lines": [
          4.065396,
          4.171222,
          4.327051,
          4.415777
        ]
      },
      {
        "date": "2026-01-16",
        "close": 4.022187,
        "volume": 993600,
        "typical_volume": 606835.0,
        "trend": 4.446328,
        "fair_value": 13.010081,
        "relative_strength": -18.649479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.676118,
        "energy": 80.275058,
        "activity_lines": [
          4.046333,
          4.128937,
          4.285658,
          4.388741
        ]
      },
      {
        "date": "2026-01-23",
        "close": 4.060313,
        "volume": 526900,
        "typical_volume": 543435.0,
        "trend": 4.451411,
        "fair_value": 12.88952,
        "relative_strength": -19.41835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.837846,
        "energy": 62.668326,
        "activity_lines": [
          4.050146,
          4.099824,
          4.251346,
          4.363837
        ]
      },
      {
        "date": "2026-01-30",
        "close": 4.04125,
        "volume": 369700,
        "typical_volume": 463705.0,
        "trend": 4.454588,
        "fair_value": 12.757263,
        "relative_strength": -19.572566,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.064988,
        "energy": 55.986329,
        "activity_lines": [
          4.047604,
          4.074869,
          4.217578,
          4.337375
        ]
      },
      {
        "date": "2026-02-06",
        "close": 4.060313,
        "volume": 323300,
        "typical_volume": 386690.0,
        "trend": 4.455224,
        "fair_value": 12.600696,
        "relative_strength": -20.103816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.964461,
        "energy": 52.906472,
        "activity_lines": [
          4.050146,
          4.062392,
          4.189302,
          4.311937
        ]
      },
      {
        "date": "2026-02-13",
        "close": 4.174687,
        "volume": 3198700,
        "typical_volume": 463155.0,
        "trend": 4.445057,
        "fair_value": 12.462865,
        "relative_strength": -21.514753,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.05083,
        "energy": 40.064756,
        "activity_lines": [
          4.092083,
          4.075563,
          4.175958,
          4.293838
        ]
      },
      {
        "date": "2026-02-20",
        "close": 4.289063,
        "volume": 2625400,
        "typical_volume": 546715.0,
        "trend": 4.434255,
        "fair_value": 12.319338,
        "relative_strength": -21.045175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.892015,
        "energy": 23.54496,
        "activity_lines": [
          4.164521,
          4.114381,
          4.176049,
          4.283774
        ]
      },
      {
        "date": "2026-02-27",
        "close": 4.04125,
        "volume": 1179100,
        "typical_volume": 591880.0,
        "trend": 4.41138,
        "fair_value": 12.149791,
        "relative_strength": -27.560037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.330227,
        "energy": 25.449132,
        "activity_lines": [
          4.136563,
          4.106063,
          4.154354,
          4.258419
        ]
      },
      {
        "date": "2026-03-06",
        "close": 3.850625,
        "volume": 2309900,
        "typical_volume": 700905.0,
        "trend": 4.374526,
        "fair_value": 11.967449,
        "relative_strength": -24.736801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.773682,
        "energy": 42.002249,
        "activity_lines": [
          4.046333,
          4.063432,
          4.1175,
          4.222241
        ]
      },
      {
        "date": "2026-03-13",
        "close": 3.831563,
        "volume": 135800,
        "typical_volume": 695885.0,
        "trend": 4.341802,
        "fair_value": 11.802987,
        "relative_strength": -24.491679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.556463,
        "energy": 49.742984,
        "activity_lines": [
          3.962459,
          4.020455,
          4.082008,
          4.187211
        ]
      },
      {
        "date": "2026-03-20",
        "close": 3.831563,
        "volume": 196100,
        "typical_volume": 692925.0,
        "trend": 4.311302,
        "fair_value": 11.63981,
        "relative_strength": -25.022173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.203438,
        "energy": 70.008605,
        "activity_lines": [
          3.893834,
          3.981983,
          4.049783,
          4.154293
        ]
      },
      {
        "date": "2026-03-27",
        "close": 3.755312,
        "volume": 154400,
        "typical_volume": 697480.0,
        "trend": 4.27826,
        "fair_value": 11.473574,
        "relative_strength": -26.380407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.846951,
        "energy": 77.529851,
        "activity_lines": [
          3.822667,
          3.933807,
          4.013383,
          4.118422
        ]
      },
      {
        "date": "2026-04-03",
        "close": 3.698125,
        "volume": 395600,
        "typical_volume": 693400.0,
        "trend": 4.249667,
        "fair_value": 11.318543,
        "relative_strength": -27.116143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.353887,
        "energy": 73.990994,
        "activity_lines": [
          3.768021,
          3.880085,
          3.974441,
          4.080994
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3.73625,
        "volume": 214000,
        "typical_volume": 695105.0,
        "trend": 4.213766,
        "fair_value": 11.144469,
        "relative_strength": -28.293789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.331933,
        "energy": 63.222576,
        "activity_lines": [
          3.748958,
          3.839881,
          3.942851,
          4.047871
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3.774375,
        "volume": 290900,
        "typical_volume": 699955.0,
        "trend": 4.175958,
        "fair_value": 10.983498,
        "relative_strength": -25.618262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.618602,
        "energy": 50.882329,
        "activity_lines": [
          3.750229,
          3.812153,
          3.918705,
          4.019523
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3.717188,
        "volume": 635300,
        "typical_volume": 726270.0,
        "trend": 4.142917,
        "fair_value": 10.823446,
        "relative_strength": -24.715457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.671721,
        "energy": 48.431674,
        "activity_lines": [
          3.73625,
          3.779227,
          3.891746,
          3.989925
        ]
      },
      {
        "date": "2026-05-01",
        "close": 3.8125,
        "volume": 627600,
        "typical_volume": 751315.0,
        "trend": 4.114323,
        "fair_value": 10.683294,
        "relative_strength": -24.071766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.762914,
        "energy": 39.060273,
        "activity_lines": [
          3.761667,
          3.771949,
          3.877313,
          3.968608
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3.92,
        "volume": 739900,
        "typical_volume": 777460.0,
        "trend": 4.089313,
        "fair_value": 10.532257,
        "relative_strength": -21.739842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.956411,
        "energy": 25.237807,
        "activity_lines": [
          3.819104,
          3.792881,
          3.874842,
          3.956071
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3.7,
        "volume": 339700,
        "typical_volume": 787010.0,
        "trend": 4.062052,
        "fair_value": 10.399098,
        "relative_strength": -26.287176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.705812,
        "energy": 27.845317,
        "activity_lines": [
          3.788417,
          3.776017,
          3.852088,
          3.930954
        ]
      },
      {
        "date": "2026-05-22",
        "close": 3.5,
        "volume": 1016200,
        "typical_volume": 834660.0,
        "trend": 4.028125,
        "fair_value": 10.258228,
        "relative_strength": -30.496668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.140568,
        "energy": 41.141242,
        "activity_lines": [
          3.693479,
          3.725528,
          3.81182,
          3.894692
        ]
      },
      {
        "date": "2026-05-29",
        "close": 3.5,
        "volume": 447100,
        "typical_volume": 835960.0,
        "trend": 3.995469,
        "fair_value": 10.108357,
        "relative_strength": -31.104602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.646079,
        "energy": 54.203186,
        "activity_lines": [
          3.616833,
          3.681068,
          3.774311,
          3.86062
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3.46,
        "volume": 103700,
        "typical_volume": 791465.0,
        "trend": 3.965292,
        "fair_value": 9.938942,
        "relative_strength": -31.855168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.606431,
        "energy": 74.437857,
        "activity_lines": [
          3.541333,
          3.635364,
          3.735661,
          3.826073
        ]
      },
      {
        "date": "2026-06-12",
        "close": 3.38,
        "volume": 37300,
        "typical_volume": 766985.0,
        "trend": 3.928635,
        "fair_value": 9.7793,
        "relative_strength": -33.208758,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.791236,
        "energy": 84.67067,
        "activity_lines": [
          3.462667,
          3.580483,
          3.692069,
          3.788313
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3.32,
        "volume": 63100,
        "typical_volume": 751655.0,
        "trend": 3.888073,
        "fair_value": 9.615416,
        "relative_strength": -32.949738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.63368,
        "energy": 87.307953,
        "activity_lines": [
          3.4,
          3.520477,
          3.646002,
          3.749046
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3.3,
        "volume": 15900,
        "typical_volume": 736285.0,
        "trend": 3.853833,
        "fair_value": 9.475836,
        "relative_strength": -31.43457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.526665,
        "energy": 88.450114,
        "activity_lines": [
          3.356,
          3.464403,
          3.601464,
          3.711106
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3.38,
        "volume": 1172400,
        "typical_volume": 634970.0,
        "trend": 3.818448,
        "fair_value": 9.344484,
        "relative_strength": -32.181295,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.096561,
        "energy": 85.301591,
        "activity_lines": [
          3.352,
          3.4315,
          3.568167,
          3.680536
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3.42,
        "volume": 1253700,
        "typical_volume": 566385.0,
        "trend": 3.793292,
        "fair_value": 9.210816,
        "relative_strength": -31.173358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.417575,
        "energy": 66.483149,
        "activity_lines": [
          3.369333,
          3.412,
          3.542463,
          3.654829
        ]
      },
      {
        "date": "2026-07-17",
        "close": 3.56,
        "volume": 1218400,
        "typical_volume": 568350.0,
        "trend": 3.776615,
        "fair_value": 9.078046,
        "relative_strength": -28.428377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.190963,
        "energy": 42.185682,
        "activity_lines": [
          3.436,
          3.425091,
          3.534231,
          3.639778
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.5,
        "volume": 356000,
        "typical_volume": 470655.0,
        "trend": 3.759208,
        "fair_value": 8.956464,
        "relative_strength": -29.087841,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.438652,
        "energy": 29.907631,
        "activity_lines": [
          3.470667,
          3.433818,
          3.522576,
          3.621932
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3.56,
        "volume": 521700,
        "typical_volume": 489950.0,
        "trend": 3.741896,
        "fair_value": 8.835267,
        "relative_strength": -26.259774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.151251,
        "energy": 24.932499,
        "activity_lines": [
          3.513333,
          3.457091,
          3.518305,
          3.60908
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3.66,
        "volume": 888500,
        "typical_volume": 524570.0,
        "trend": 3.728552,
        "fair_value": 8.723712,
        "relative_strength": -22.841219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.808432,
        "energy": 22.737864,
        "activity_lines": [
          3.572,
          3.497455,
          3.524851,
          3.603796
        ]
      }
    ],
    "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."
    }
  }
}