{
  "ticker": {
    "uuid": "f606fb3c-5bf8-470b-a9ca-4644fdea6bd5",
    "symbol": "PAYO",
    "name": "Payoneer Global 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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 67.008,
    "architecture_energy": 71.476,
    "architecture_maturity": 45.151,
    "architecture_confidence": 93.428,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 12.19,
        "rotation_up": 59.31,
        "upward_expansion": 90.83,
        "deceleration": 49.05,
        "rotation_down": 27.46,
        "downward_expansion": 15.17
      },
      "activity_lines": [
        7.125333,
        7.063636,
        6.427095,
        6.038118
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 7.1,
    "trend_reference": 5.7135,
    "distance_from_trend": 0.242671,
    "trend_direction": "Improving",
    "fair_value": 6.474391,
    "distance_from_fair_value": 0.096628,
    "fair_value_direction": "Improving",
    "relative_strength": 6.181177,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.121643,
    "excess_performance": -0.065811,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.242671,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.077849,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.096628,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.282876,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.061812,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.343884,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.121643,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.402071,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 28556262,
      "relative_activity": 1.030465,
      "balance": 3.402071,
      "dry_up": 0.773641,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.0539,
      "annualized_volatility": 0.663451,
      "from_high_reference": -0.011142,
      "from_low_reference": 0.740153
    },
    "levels": {
      "trend_reference": 5.7135,
      "fair_value_reference": 6.474391,
      "structural_low": 4.0801,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.011283,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.545455,
        "median_excess_return": -0.01105,
        "regime_survival": 0.636364,
        "best_return": 0.370089,
        "worst_return": -0.293673,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.06016,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.139265,
        "regime_survival": 0.6,
        "best_return": 0.559829,
        "worst_return": -0.316895,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.229167,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.367602,
        "regime_survival": 0.333333,
        "best_return": 0.852792,
        "worst_return": -0.357991,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.015324,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.279534,
        "regime_survival": 0.5,
        "best_return": 0.235577,
        "worst_return": -0.204929,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-06-07",
        "end": "2024-06-28",
        "tenure": "New",
        "return": -0.062606,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-05",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": 0.232601,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-16",
        "end": "2025-01-03",
        "tenure": "Established",
        "return": 0.467787,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.073961,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.293673,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.1375,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": 0.063191,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-22",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": -0.125535,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-10",
        "end": "2026-01-23",
        "tenure": "Established",
        "return": 0.052991,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-02-20",
        "tenure": "New",
        "return": -0.153365,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-27",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.166667,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": -0.023256,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-12",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.056296,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.00141,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 5.83,
        "volume": 11222797,
        "typical_volume": 16073709.0,
        "trend": 5.384333,
        "fair_value": 6.239115,
        "relative_strength": -13.243501,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.612749,
        "energy": 52.110827,
        "activity_lines": [
          5.524667,
          5.270727,
          5.043476,
          5.176688
        ]
      },
      {
        "date": "2023-08-25",
        "close": 5.96,
        "volume": 10023848,
        "typical_volume": 16173926.75,
        "trend": 5.385667,
        "fair_value": 6.236667,
        "relative_strength": -12.340206,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.234355,
        "energy": 65.068256,
        "activity_lines": [
          5.711333,
          5.431091,
          5.129,
          5.213828
        ]
      },
      {
        "date": "2023-09-01",
        "close": 6.27,
        "volume": 10429803,
        "typical_volume": 16141762.0,
        "trend": 5.392333,
        "fair_value": 6.236957,
        "relative_strength": -10.512261,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.330283,
        "energy": 74.228144,
        "activity_lines": [
          5.949333,
          5.623636,
          5.243905,
          5.270882
        ]
      },
      {
        "date": "2023-09-08",
        "close": 6.21,
        "volume": 9267367,
        "typical_volume": 15979097.25,
        "trend": 5.413,
        "fair_value": 6.236724,
        "relative_strength": -9.689384,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 46.355626,
        "energy": 75.162541,
        "activity_lines": [
          6.099333,
          5.776909,
          5.35,
          5.323634
        ]
      },
      {
        "date": "2023-09-15",
        "close": 6.16,
        "volume": 23590790,
        "typical_volume": 16623653.4,
        "trend": 5.429333,
        "fair_value": 6.236068,
        "relative_strength": -9.549985,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.558083,
        "energy": 70.910618,
        "activity_lines": [
          6.146667,
          5.895636,
          5.448714,
          5.371828
        ]
      },
      {
        "date": "2023-09-22",
        "close": 6.04,
        "volume": 18387486,
        "typical_volume": 17045422.25,
        "trend": 5.442333,
        "fair_value": 6.234407,
        "relative_strength": -7.853793,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.19356,
        "energy": 56.91921,
        "activity_lines": [
          6.131333,
          5.964364,
          5.532667,
          5.411226
        ]
      },
      {
        "date": "2023-09-29",
        "close": 6.12,
        "volume": 11264891,
        "typical_volume": 15840561.4,
        "trend": 5.418333,
        "fair_value": 6.233445,
        "relative_strength": -6.164575,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 61.953995,
        "energy": 51.203818,
        "activity_lines": [
          6.128667,
          6.029091,
          5.621952,
          5.454946
        ]
      },
      {
        "date": "2023-10-06",
        "close": 6.24,
        "volume": 9246328,
        "typical_volume": 15475503.85,
        "trend": 5.420333,
        "fair_value": 6.2335,
        "relative_strength": -5.029231,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.010299,
        "energy": 49.081148,
        "activity_lines": [
          6.155333,
          6.098545,
          5.715476,
          5.507957
        ]
      },
      {
        "date": "2023-10-13",
        "close": 5.67,
        "volume": 10969307,
        "typical_volume": 15196881.65,
        "trend": 5.408,
        "fair_value": 6.228843,
        "relative_strength": -12.598579,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.686105,
        "energy": 33.41377,
        "activity_lines": [
          5.994,
          6.046364,
          5.74619,
          5.524065
        ]
      },
      {
        "date": "2023-10-20",
        "close": 5.77,
        "volume": 8254559,
        "typical_volume": 14695010.6,
        "trend": 5.398667,
        "fair_value": 6.225082,
        "relative_strength": -7.329636,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.504281,
        "energy": 25.922602,
        "activity_lines": [
          5.902,
          5.998727,
          5.779381,
          5.547419
        ]
      },
      {
        "date": "2023-10-27",
        "close": 5.62,
        "volume": 9948420,
        "typical_volume": 13960211.3,
        "trend": 5.376667,
        "fair_value": 6.220163,
        "relative_strength": -6.149735,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.305742,
        "energy": 21.001281,
        "activity_lines": [
          5.786,
          5.924727,
          5.792143,
          5.561699
        ]
      },
      {
        "date": "2023-11-03",
        "close": 5.71,
        "volume": 10161125,
        "typical_volume": 13009806.85,
        "trend": 5.369333,
        "fair_value": 6.216048,
        "relative_strength": -9.420889,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.575824,
        "energy": 22.996099,
        "activity_lines": [
          5.728,
          5.870909,
          5.808143,
          5.583204
        ]
      },
      {
        "date": "2023-11-10",
        "close": 5.44,
        "volume": 18077613,
        "typical_volume": 12776895.25,
        "trend": 5.363333,
        "fair_value": 6.20984,
        "relative_strength": -15.413746,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.211282,
        "energy": 15.491651,
        "activity_lines": [
          5.607333,
          5.772545,
          5.793286,
          5.587763
        ]
      },
      {
        "date": "2023-11-17",
        "close": 5.47,
        "volume": 9837447,
        "typical_volume": 12642847.15,
        "trend": 5.357,
        "fair_value": 6.203968,
        "relative_strength": -16.125657,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.628515,
        "energy": 15.722458,
        "activity_lines": [
          5.55,
          5.694727,
          5.77781,
          5.594645
        ]
      },
      {
        "date": "2023-11-24",
        "close": 5.49,
        "volume": 7990594,
        "typical_volume": 12709780.95,
        "trend": 5.358,
        "fair_value": 6.198346,
        "relative_strength": -16.064884,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.837235,
        "energy": 15.728032,
        "activity_lines": [
          5.512667,
          5.634,
          5.761095,
          5.603226
        ]
      },
      {
        "date": "2023-12-01",
        "close": 5.26,
        "volume": 12287816,
        "typical_volume": 12496348.0,
        "trend": 5.348,
        "fair_value": 6.191016,
        "relative_strength": -19.204916,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -8.183632,
        "energy": 23.986529,
        "activity_lines": [
          5.417333,
          5.543636,
          5.718286,
          5.596903
        ]
      },
      {
        "date": "2023-12-08",
        "close": 5.13,
        "volume": 8844030,
        "typical_volume": 12468679.85,
        "trend": 5.365333,
        "fair_value": 6.182791,
        "relative_strength": -21.047425,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.475727,
        "energy": 42.298876,
        "activity_lines": [
          5.302667,
          5.443818,
          5.661952,
          5.582839
        ]
      },
      {
        "date": "2023-12-15",
        "close": 4.8,
        "volume": 29136346,
        "typical_volume": 13463995.8,
        "trend": 5.377,
        "fair_value": 6.172154,
        "relative_strength": -27.901502,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.08282,
        "energy": 53.937108,
        "activity_lines": [
          5.116667,
          5.302,
          5.574429,
          5.546366
        ]
      },
      {
        "date": "2023-12-22",
        "close": 5.12,
        "volume": 13225301,
        "typical_volume": 13504136.05,
        "trend": 5.408,
        "fair_value": 6.164122,
        "relative_strength": -23.227998,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.575466,
        "energy": 52.444101,
        "activity_lines": [
          5.08,
          5.244545,
          5.519524,
          5.529785
        ]
      },
      {
        "date": "2023-12-29",
        "close": 5.21,
        "volume": 5549949,
        "typical_volume": 12385790.85,
        "trend": 5.432333,
        "fair_value": 6.156894,
        "relative_strength": -21.400258,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.273955,
        "energy": 45.718675,
        "activity_lines": [
          5.096667,
          5.213455,
          5.472238,
          5.517011
        ]
      },
      {
        "date": "2024-01-05",
        "close": 4.96,
        "volume": 9292653,
        "typical_volume": 12289283.65,
        "trend": 5.447667,
        "fair_value": 6.147895,
        "relative_strength": -22.135243,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.168924,
        "energy": 44.93671,
        "activity_lines": [
          5.048667,
          5.147091,
          5.404048,
          5.486538
        ]
      },
      {
        "date": "2024-01-12",
        "close": 4.82,
        "volume": 10048163,
        "typical_volume": 12290499.4,
        "trend": 5.454,
        "fair_value": 6.137985,
        "relative_strength": -25.905881,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -68.023574,
        "energy": 54.442859,
        "activity_lines": [
          4.974,
          5.067273,
          5.326667,
          5.446043
        ]
      },
      {
        "date": "2024-01-19",
        "close": 4.8,
        "volume": 14517397,
        "typical_volume": 12494879.1,
        "trend": 5.457,
        "fair_value": 6.128074,
        "relative_strength": -27.413064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.709512,
        "energy": 57.566245,
        "activity_lines": [
          4.913333,
          5.0,
          5.25281,
          5.403849
        ]
      },
      {
        "date": "2024-01-26",
        "close": 4.74,
        "volume": 13114279,
        "typical_volume": 12687224.7,
        "trend": 5.454667,
        "fair_value": 6.117868,
        "relative_strength": -27.976903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.615749,
        "energy": 67.768878,
        "activity_lines": [
          4.832667,
          4.933455,
          5.180238,
          5.357591
        ]
      },
      {
        "date": "2024-02-02",
        "close": 4.87,
        "volume": 11209750,
        "typical_volume": 12068172.7,
        "trend": 5.463333,
        "fair_value": 6.108759,
        "relative_strength": -26.110661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.04418,
        "energy": 62.017585,
        "activity_lines": [
          4.820667,
          4.903818,
          5.127048,
          5.319871
        ]
      },
      {
        "date": "2024-02-09",
        "close": 5.03,
        "volume": 8448677,
        "typical_volume": 11571232.25,
        "trend": 5.463667,
        "fair_value": 6.100942,
        "relative_strength": -24.398871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.581293,
        "energy": 43.475572,
        "activity_lines": [
          4.884667,
          4.914545,
          5.095238,
          5.291914
        ]
      },
      {
        "date": "2024-02-16",
        "close": 5.41,
        "volume": 13599563,
        "typical_volume": 11687965.85,
        "trend": 5.471333,
        "fair_value": 6.095971,
        "relative_strength": -16.791798,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.060168,
        "energy": 20.368514,
        "activity_lines": [
          5.070667,
          4.998545,
          5.104429,
          5.288452
        ]
      },
      {
        "date": "2024-02-23",
        "close": 5.49,
        "volume": 10451922,
        "typical_volume": 11748245.55,
        "trend": 5.479333,
        "fair_value": 6.091643,
        "relative_strength": -16.021414,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -11.558953,
        "energy": 18.297922,
        "activity_lines": [
          5.244,
          5.092,
          5.124619,
          5.289656
        ]
      },
      {
        "date": "2024-03-01",
        "close": 4.94,
        "volume": 21073666,
        "typical_volume": 12253463.5,
        "trend": 5.48,
        "fair_value": 6.083475,
        "relative_strength": -24.78227,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.981817,
        "energy": 23.509983,
        "activity_lines": [
          5.188,
          5.072909,
          5.096,
          5.25486
        ]
      },
      {
        "date": "2024-03-08",
        "close": 4.6,
        "volume": 13751617,
        "typical_volume": 12528316.4,
        "trend": 5.439333,
        "fair_value": 6.073028,
        "relative_strength": -27.864268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.884666,
        "energy": 23.045251,
        "activity_lines": [
          5.005333,
          4.995273,
          5.038476,
          5.198086
        ]
      },
      {
        "date": "2024-03-15",
        "close": 4.27,
        "volume": 12821331,
        "typical_volume": 12671961.95,
        "trend": 5.387333,
        "fair_value": 6.06042,
        "relative_strength": -31.336236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.035421,
        "energy": 54.514433,
        "activity_lines": [
          4.730667,
          4.868727,
          4.955095,
          5.122645
        ]
      },
      {
        "date": "2024-03-22",
        "close": 4.65,
        "volume": 13981668,
        "typical_volume": 12862989.1,
        "trend": 5.343667,
        "fair_value": 6.050625,
        "relative_strength": -26.504562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.752698,
        "energy": 63.245023,
        "activity_lines": [
          4.633333,
          4.823818,
          4.914333,
          5.075075
        ]
      },
      {
        "date": "2024-03-29",
        "close": 4.86,
        "volume": 11060204,
        "typical_volume": 12512118.65,
        "trend": 5.296667,
        "fair_value": 6.042414,
        "relative_strength": -21.847282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.616721,
        "energy": 60.30384,
        "activity_lines": [
          4.656667,
          4.820182,
          4.898619,
          5.043871
        ]
      },
      {
        "date": "2024-04-05",
        "close": 4.81,
        "volume": 11302499,
        "typical_volume": 12585371.25,
        "trend": 5.25,
        "fair_value": 6.033973,
        "relative_strength": -21.180215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.806565,
        "energy": 48.177822,
        "activity_lines": [
          4.705333,
          4.806364,
          4.880905,
          5.012473
        ]
      },
      {
        "date": "2024-04-12",
        "close": 4.83,
        "volume": 8489794,
        "typical_volume": 12610331.25,
        "trend": 5.205667,
        "fair_value": 6.025782,
        "relative_strength": -19.704169,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.746419,
        "energy": 25.527609,
        "activity_lines": [
          4.769333,
          4.794909,
          4.868238,
          4.985376
        ]
      },
      {
        "date": "2024-04-19",
        "close": 4.89,
        "volume": 8922685,
        "typical_volume": 12442074.7,
        "trend": 5.167333,
        "fair_value": 6.018108,
        "relative_strength": -13.322601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.295603,
        "energy": 15.151501,
        "activity_lines": [
          4.838,
          4.795091,
          4.864429,
          4.965011
        ]
      },
      {
        "date": "2024-04-26",
        "close": 5.01,
        "volume": 11974860,
        "typical_volume": 12598616.2,
        "trend": 5.130333,
        "fair_value": 6.011342,
        "relative_strength": -13.905308,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.591181,
        "energy": 13.414616,
        "activity_lines": [
          4.905333,
          4.819636,
          4.87381,
          4.95486
        ]
      },
      {
        "date": "2024-05-03",
        "close": 5.08,
        "volume": 10311321,
        "typical_volume": 11657364.95,
        "trend": 5.091667,
        "fair_value": 6.005133,
        "relative_strength": -12.897148,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.035813,
        "energy": 12.690886,
        "activity_lines": [
          4.972,
          4.864182,
          4.890429,
          4.951613
        ]
      },
      {
        "date": "2024-05-10",
        "close": 5.84,
        "volume": 17814533,
        "typical_volume": 11886826.55,
        "trend": 5.097333,
        "fair_value": 6.00404,
        "relative_strength": -1.20513,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.182413,
        "energy": 37.805612,
        "activity_lines": [
          5.277333,
          5.054364,
          4.978095,
          4.999892
        ]
      },
      {
        "date": "2024-05-17",
        "close": 5.87,
        "volume": 14481959,
        "typical_volume": 12333427.05,
        "trend": 5.100667,
        "fair_value": 6.003158,
        "relative_strength": -2.785274,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 50.533799,
        "energy": 63.884798,
        "activity_lines": [
          5.524,
          5.233636,
          5.06519,
          5.049742
        ]
      },
      {
        "date": "2024-05-24",
        "close": 6.03,
        "volume": 14199685,
        "typical_volume": 12578778.65,
        "trend": 5.114333,
        "fair_value": 6.003333,
        "relative_strength": -1.635446,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.084568,
        "energy": 72.360272,
        "activity_lines": [
          5.754667,
          5.418909,
          5.164381,
          5.109699
        ]
      },
      {
        "date": "2024-05-31",
        "close": 5.99,
        "volume": 10336783,
        "typical_volume": 12593209.65,
        "trend": 5.123667,
        "fair_value": 6.003247,
        "relative_strength": -0.800114,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 74.700225,
        "energy": 87.147607,
        "activity_lines": [
          5.896,
          5.564909,
          5.254667,
          5.166194
        ]
      },
      {
        "date": "2024-06-07",
        "close": 5.91,
        "volume": 9619644,
        "typical_volume": 12348322.0,
        "trend": 5.139333,
        "fair_value": 6.002645,
        "relative_strength": -4.713017,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.180217,
        "energy": 84.69924,
        "activity_lines": [
          5.945333,
          5.672,
          5.331762,
          5.216925
        ]
      },
      {
        "date": "2024-06-14",
        "close": 5.47,
        "volume": 10069690,
        "typical_volume": 12196092.55,
        "trend": 5.139333,
        "fair_value": 5.999231,
        "relative_strength": -14.640712,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.428006,
        "energy": 70.533549,
        "activity_lines": [
          5.792667,
          5.68,
          5.361667,
          5.238258
        ]
      },
      {
        "date": "2024-06-21",
        "close": 5.44,
        "volume": 11190832,
        "typical_volume": 12195146.65,
        "trend": 5.137667,
        "fair_value": 5.965128,
        "relative_strength": -15.072451,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.587042,
        "energy": 39.285718,
        "activity_lines": [
          5.654667,
          5.670545,
          5.385238,
          5.257656
        ]
      },
      {
        "date": "2024-06-28",
        "close": 5.54,
        "volume": 13747019,
        "typical_volume": 12460063.75,
        "trend": 5.147,
        "fair_value": 5.937051,
        "relative_strength": -13.264029,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.483267,
        "energy": 26.34462,
        "activity_lines": [
          5.578667,
          5.668182,
          5.415619,
          5.283613
        ]
      },
      {
        "date": "2024-07-05",
        "close": 5.46,
        "volume": 6183172,
        "typical_volume": 12089244.2,
        "trend": 5.158,
        "fair_value": 5.905256,
        "relative_strength": -17.254781,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.721012,
        "energy": 27.781804,
        "activity_lines": [
          5.508667,
          5.639455,
          5.435952,
          5.303806
        ]
      },
      {
        "date": "2024-07-12",
        "close": 5.27,
        "volume": 14813927,
        "typical_volume": 12307344.45,
        "trend": 5.173667,
        "fair_value": 5.878269,
        "relative_strength": -19.605901,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.88847,
        "energy": 23.252472,
        "activity_lines": [
          5.410667,
          5.568,
          5.437952,
          5.311032
        ]
      },
      {
        "date": "2024-07-19",
        "close": 5.52,
        "volume": 11771566,
        "typical_volume": 11842239.45,
        "trend": 5.187,
        "fair_value": 5.848397,
        "relative_strength": -12.032869,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.224245,
        "energy": 19.48806,
        "activity_lines": [
          5.438667,
          5.538545,
          5.46481,
          5.333376
        ]
      },
      {
        "date": "2024-07-26",
        "close": 5.47,
        "volume": 9616873,
        "typical_volume": 11635502.25,
        "trend": 5.195667,
        "fair_value": 5.822949,
        "relative_strength": -10.26196,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.08558,
        "energy": 17.194962,
        "activity_lines": [
          5.446667,
          5.505818,
          5.484143,
          5.351634
        ]
      },
      {
        "date": "2024-08-02",
        "close": 5.38,
        "volume": 14231450,
        "typical_volume": 11706008.2,
        "trend": 5.209667,
        "fair_value": 5.795769,
        "relative_strength": -8.764814,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.953804,
        "energy": 12.244126,
        "activity_lines": [
          5.422667,
          5.464,
          5.490762,
          5.363527
        ]
      },
      {
        "date": "2024-08-09",
        "close": 6.73,
        "volume": 33216353,
        "typical_volume": 12667742.45,
        "trend": 5.273333,
        "fair_value": 5.776987,
        "relative_strength": 13.884634,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 80.012269,
        "energy": 59.776377,
        "activity_lines": [
          5.859333,
          5.679455,
          5.620667,
          5.461613
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7.14,
        "volume": 24541132,
        "typical_volume": 13341788.85,
        "trend": 5.351333,
        "fair_value": 5.761923,
        "relative_strength": 14.789534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.558174,
        "energy": 88.244493,
        "activity_lines": [
          6.348,
          5.956,
          5.779714,
          5.582043
        ]
      },
      {
        "date": "2024-08-23",
        "close": 7.03,
        "volume": 11246130,
        "typical_volume": 13338970.4,
        "trend": 5.427667,
        "fair_value": 5.742244,
        "relative_strength": 12.153883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.505021,
        "energy": 92.79414,
        "activity_lines": [
          6.675333,
          6.190182,
          5.917429,
          5.690344
        ]
      },
      {
        "date": "2024-08-30",
        "close": 7.43,
        "volume": 12473685,
        "typical_volume": 13538164.95,
        "trend": 5.513,
        "fair_value": 5.720962,
        "relative_strength": 19.660933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.226092,
        "energy": 94.476073,
        "activity_lines": [
          7.035333,
          6.468727,
          6.082667,
          5.819527
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7.02,
        "volume": 7201404,
        "typical_volume": 13452100.9,
        "trend": 5.579333,
        "fair_value": 5.703205,
        "relative_strength": 20.208872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.670697,
        "energy": 87.537016,
        "activity_lines": [
          7.128,
          6.636545,
          6.196476,
          5.916753
        ]
      },
      {
        "date": "2024-09-13",
        "close": 7.38,
        "volume": 13217224,
        "typical_volume": 13514219.1,
        "trend": 5.645,
        "fair_value": 5.687244,
        "relative_strength": 19.500374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.813371,
        "energy": 87.179467,
        "activity_lines": [
          7.231333,
          6.842909,
          6.334429,
          6.032925
        ]
      },
      {
        "date": "2024-09-20",
        "close": 7.58,
        "volume": 12287656,
        "typical_volume": 13613035.85,
        "trend": 5.714667,
        "fair_value": 5.674295,
        "relative_strength": 21.157732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.566459,
        "energy": 72.729939,
        "activity_lines": [
          7.358,
          7.050727,
          6.480143,
          6.157763
        ]
      },
      {
        "date": "2024-09-27",
        "close": 7.61,
        "volume": 8878059,
        "typical_volume": 13166212.15,
        "trend": 5.803667,
        "fair_value": 5.667179,
        "relative_strength": 20.671108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.791655,
        "energy": 67.569081,
        "activity_lines": [
          7.465333,
          7.222,
          6.61681,
          6.280043
        ]
      },
      {
        "date": "2024-10-04",
        "close": 7.71,
        "volume": 9676869,
        "typical_volume": 12925957.65,
        "trend": 5.907333,
        "fair_value": 5.663718,
        "relative_strength": 22.369153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.60303,
        "energy": 67.545075,
        "activity_lines": [
          7.567333,
          7.373455,
          6.754571,
          6.403032
        ]
      },
      {
        "date": "2024-10-11",
        "close": 7.89,
        "volume": 14898902,
        "typical_volume": 12960918.5,
        "trend": 6.028,
        "fair_value": 5.660192,
        "relative_strength": 23.626042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.183923,
        "energy": 68.039617,
        "activity_lines": [
          7.710667,
          7.516909,
          6.900714,
          6.530946
        ]
      },
      {
        "date": "2024-10-18",
        "close": 8.35,
        "volume": 9775443,
        "typical_volume": 12932851.5,
        "trend": 6.151333,
        "fair_value": 5.662115,
        "relative_strength": 30.442308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.891128,
        "energy": 74.27759,
        "activity_lines": [
          7.949333,
          7.698364,
          7.08181,
          6.680753
        ]
      },
      {
        "date": "2024-10-25",
        "close": 8.36,
        "volume": 8149078,
        "typical_volume": 12859323.2,
        "trend": 6.268,
        "fair_value": 5.667308,
        "relative_strength": 30.279328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.807604,
        "energy": 74.028114,
        "activity_lines": [
          8.126667,
          7.852182,
          7.252619,
          6.823247
        ]
      },
      {
        "date": "2024-11-01",
        "close": 8.46,
        "volume": 11424816,
        "typical_volume": 12927079.5,
        "trend": 6.389667,
        "fair_value": 5.672821,
        "relative_strength": 33.630268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.280748,
        "energy": 75.947639,
        "activity_lines": [
          8.285333,
          8.002,
          7.421286,
          6.964667
        ]
      },
      {
        "date": "2024-11-08",
        "close": 10.81,
        "volume": 37374582,
        "typical_volume": 14236267.0,
        "trend": 6.589,
        "fair_value": 5.685705,
        "relative_strength": 60.324297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 98.967429,
        "energy": 98.332398,
        "activity_lines": [
          9.170667,
          8.553091,
          7.799524,
          7.249849
        ]
      },
      {
        "date": "2024-11-15",
        "close": 10.37,
        "volume": 21073204,
        "typical_volume": 14602576.25,
        "trend": 6.771667,
        "fair_value": 5.697051,
        "relative_strength": 57.7102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.336563,
        "energy": 96.439224,
        "activity_lines": [
          9.702667,
          8.962727,
          8.110286,
          7.493785
        ]
      },
      {
        "date": "2024-11-22",
        "close": 10.93,
        "volume": 16869483,
        "typical_volume": 15136891.8,
        "trend": 6.969,
        "fair_value": 5.717051,
        "relative_strength": 61.457163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.973831,
        "energy": 96.606267,
        "activity_lines": [
          10.256,
          9.413273,
          8.451381,
          7.762065
        ]
      },
      {
        "date": "2024-11-29",
        "close": 10.91,
        "volume": 12051388,
        "typical_volume": 14998764.85,
        "trend": 7.163333,
        "fair_value": 5.742628,
        "relative_strength": 58.135735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.366637,
        "energy": 93.017668,
        "activity_lines": [
          10.630667,
          9.795636,
          8.764524,
          8.016323
        ]
      },
      {
        "date": "2024-12-06",
        "close": 10.95,
        "volume": 12845545,
        "typical_volume": 15052463.8,
        "trend": 7.333667,
        "fair_value": 5.770897,
        "relative_strength": 52.021358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.772516,
        "energy": 89.531606,
        "activity_lines": [
          10.848667,
          10.124727,
          9.054619,
          8.260624
        ]
      },
      {
        "date": "2024-12-13",
        "close": 10.28,
        "volume": 13349249,
        "typical_volume": 15239082.6,
        "trend": 7.480667,
        "fair_value": 5.794808,
        "relative_strength": 40.161573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.25219,
        "energy": 68.108874,
        "activity_lines": [
          10.677333,
          10.271273,
          9.255048,
          8.45071
        ]
      },
      {
        "date": "2024-12-20",
        "close": 10.12,
        "volume": 19833838,
        "typical_volume": 15519202.0,
        "trend": 7.617,
        "fair_value": 5.815513,
        "relative_strength": 39.793443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.60853,
        "energy": 64.663424,
        "activity_lines": [
          10.488,
          10.342,
          9.417333,
          8.620989
        ]
      },
      {
        "date": "2024-12-27",
        "close": 10.01,
        "volume": 6592613,
        "typical_volume": 14188015.0,
        "trend": 7.751,
        "fair_value": 5.832564,
        "relative_strength": 35.835206,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.360426,
        "energy": 54.427773,
        "activity_lines": [
          10.278667,
          10.352182,
          9.546571,
          8.775376
        ]
      },
      {
        "date": "2025-01-03",
        "close": 10.48,
        "volume": 7981118,
        "typical_volume": 13360014.3,
        "trend": 7.903333,
        "fair_value": 5.857179,
        "relative_strength": 41.828193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.557588,
        "energy": 46.797742,
        "activity_lines": [
          10.287333,
          10.417636,
          9.704952,
          8.951441
        ]
      },
      {
        "date": "2025-01-10",
        "close": 9.87,
        "volume": 14389271,
        "typical_volume": 13517171.35,
        "trend": 8.05,
        "fair_value": 5.880385,
        "relative_strength": 35.182044,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.141347,
        "energy": 37.188412,
        "activity_lines": [
          10.121333,
          10.333636,
          9.789333,
          9.078323
        ]
      },
      {
        "date": "2025-01-17",
        "close": 10.82,
        "volume": 20304716,
        "typical_volume": 13908722.9,
        "trend": 8.229333,
        "fair_value": 5.91609,
        "relative_strength": 42.297785,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.251059,
        "energy": 42.641821,
        "activity_lines": [
          10.344,
          10.396727,
          9.950667,
          9.257032
        ]
      },
      {
        "date": "2025-01-24",
        "close": 10.19,
        "volume": 9715995,
        "typical_volume": 14034452.45,
        "trend": 8.384333,
        "fair_value": 5.951603,
        "relative_strength": 30.6388,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.684921,
        "energy": 35.331452,
        "activity_lines": [
          10.320667,
          10.345091,
          10.035857,
          9.383527
        ]
      },
      {
        "date": "2025-01-31",
        "close": 10.6,
        "volume": 7788078,
        "typical_volume": 13762995.15,
        "trend": 8.555667,
        "fair_value": 5.9875,
        "relative_strength": 36.226018,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.370928,
        "energy": 38.369716,
        "activity_lines": [
          10.429333,
          10.371273,
          10.145,
          9.526473
        ]
      },
      {
        "date": "2025-02-07",
        "close": 10.59,
        "volume": 12980672,
        "typical_volume": 13797645.95,
        "trend": 8.733,
        "fair_value": 6.023654,
        "relative_strength": 34.428332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.203499,
        "energy": 43.747811,
        "activity_lines": [
          10.495333,
          10.401636,
          10.237857,
          9.65772
        ]
      },
      {
        "date": "2025-02-14",
        "close": 10.56,
        "volume": 11865595,
        "typical_volume": 13947022.75,
        "trend": 8.901,
        "fair_value": 6.063526,
        "relative_strength": 29.102976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.482147,
        "energy": 38.286096,
        "activity_lines": [
          10.544,
          10.432364,
          10.313524,
          9.775591
        ]
      },
      {
        "date": "2025-02-21",
        "close": 9.85,
        "volume": 9598476,
        "typical_volume": 13943103.1,
        "trend": 9.047,
        "fair_value": 6.095897,
        "relative_strength": 22.245319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.947259,
        "energy": 26.499461,
        "activity_lines": [
          10.31,
          10.341091,
          10.307524,
          9.836817
        ]
      },
      {
        "date": "2025-02-28",
        "close": 8.55,
        "volume": 31110649,
        "typical_volume": 14753690.45,
        "trend": 9.152667,
        "fair_value": 6.125449,
        "relative_strength": 9.074237,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -7.761489,
        "energy": 13.352891,
        "activity_lines": [
          9.707333,
          10.021273,
          10.167524,
          9.804753
        ]
      },
      {
        "date": "2025-03-07",
        "close": 7.48,
        "volume": 22503402,
        "typical_volume": 15390088.4,
        "trend": 9.177667,
        "fair_value": 6.146538,
        "relative_strength": -1.968429,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -41.131086,
        "energy": 42.273945,
        "activity_lines": [
          8.857333,
          9.535455,
          9.922476,
          9.696839
        ]
      },
      {
        "date": "2025-03-14",
        "close": 7.2,
        "volume": 17332506,
        "typical_volume": 15849259.8,
        "trend": 9.179667,
        "fair_value": 6.162564,
        "relative_strength": -3.860898,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.511445,
        "energy": 70.41468,
        "activity_lines": [
          8.122,
          9.044727,
          9.654905,
          9.569247
        ]
      },
      {
        "date": "2025-03-21",
        "close": 7.46,
        "volume": 18669868,
        "typical_volume": 16211512.4,
        "trend": 9.194,
        "fair_value": 6.181923,
        "relative_strength": -1.247814,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.960122,
        "energy": 76.116777,
        "activity_lines": [
          7.699333,
          8.660909,
          9.417619,
          9.458301
        ]
      },
      {
        "date": "2025-03-28",
        "close": 7.25,
        "volume": 11508983,
        "typical_volume": 14918232.45,
        "trend": 9.188,
        "fair_value": 6.199551,
        "relative_strength": -2.266976,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.57963,
        "energy": 77.100826,
        "activity_lines": [
          7.413333,
          8.282727,
          9.165095,
          9.332882
        ]
      },
      {
        "date": "2025-04-04",
        "close": 6.21,
        "volume": 20537688,
        "typical_volume": 14891456.65,
        "trend": 9.161,
        "fair_value": 6.211538,
        "relative_strength": -7.538984,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -84.706314,
        "energy": 91.482376,
        "activity_lines": [
          6.954,
          7.780364,
          8.830476,
          9.140753
        ]
      },
      {
        "date": "2025-04-11",
        "close": 6.33,
        "volume": 28563281,
        "typical_volume": 15476146.55,
        "trend": 9.126,
        "fair_value": 6.2225,
        "relative_strength": -12.634044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.732066,
        "energy": 85.943189,
        "activity_lines": [
          6.690667,
          7.372182,
          8.527095,
          8.958108
        ]
      },
      {
        "date": "2025-04-18",
        "close": 6.36,
        "volume": 13012338,
        "typical_volume": 15524194.05,
        "trend": 9.085333,
        "fair_value": 6.236859,
        "relative_strength": -10.449405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.517603,
        "energy": 83.088199,
        "activity_lines": [
          6.514,
          7.047091,
          8.248476,
          8.779656
        ]
      },
      {
        "date": "2025-04-25",
        "close": 6.97,
        "volume": 18111316,
        "typical_volume": 15787482.6,
        "trend": 9.064,
        "fair_value": 6.254744,
        "relative_strength": -8.108448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.561589,
        "energy": 68.545102,
        "activity_lines": [
          6.596667,
          6.909818,
          8.049619,
          8.643183
        ]
      },
      {
        "date": "2025-05-02",
        "close": 7.21,
        "volume": 15449174,
        "typical_volume": 15892478.85,
        "trend": 9.047333,
        "fair_value": 6.274038,
        "relative_strength": -8.438674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.206059,
        "energy": 56.46984,
        "activity_lines": [
          6.792,
          6.881455,
          7.892571,
          8.52357
        ]
      },
      {
        "date": "2025-05-09",
        "close": 6.63,
        "volume": 31992165,
        "typical_volume": 16500395.2,
        "trend": 9.005333,
        "fair_value": 6.286218,
        "relative_strength": -15.685599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.088581,
        "energy": 47.747556,
        "activity_lines": [
          6.796667,
          6.795636,
          7.694905,
          8.367613
        ]
      },
      {
        "date": "2025-05-16",
        "close": 7.21,
        "volume": 27430734,
        "typical_volume": 17542301.25,
        "trend": 8.967333,
        "fair_value": 6.302244,
        "relative_strength": -14.283572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.749413,
        "energy": 36.561059,
        "activity_lines": [
          6.966667,
          6.850182,
          7.569095,
          8.251785
        ]
      },
      {
        "date": "2025-05-23",
        "close": 6.81,
        "volume": 15294545,
        "typical_volume": 17907972.6,
        "trend": 8.915667,
        "fair_value": 6.313205,
        "relative_strength": -17.100659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.826184,
        "energy": 35.534994,
        "activity_lines": [
          6.944667,
          6.836909,
          7.418524,
          8.112602
        ]
      },
      {
        "date": "2025-05-30",
        "close": 6.81,
        "volume": 9554555,
        "typical_volume": 17666236.8,
        "trend": 8.860667,
        "fair_value": 6.323397,
        "relative_strength": -18.652384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.369509,
        "energy": 39.766068,
        "activity_lines": [
          6.892667,
          6.830727,
          7.285429,
          7.976753
        ]
      },
      {
        "date": "2025-06-06",
        "close": 7.03,
        "volume": 13887003,
        "typical_volume": 17345351.15,
        "trend": 8.734667,
        "fair_value": 6.34,
        "relative_strength": -17.778921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.044193,
        "energy": 35.938975,
        "activity_lines": [
          6.924667,
          6.876364,
          7.187857,
          7.858645
        ]
      },
      {
        "date": "2025-06-13",
        "close": 6.51,
        "volume": 11138993,
        "typical_volume": 17416501.05,
        "trend": 8.606,
        "fair_value": 6.355,
        "relative_strength": -23.512284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.710308,
        "energy": 46.029403,
        "activity_lines": [
          6.795333,
          6.831455,
          7.05881,
          7.715118
        ]
      },
      {
        "date": "2025-06-20",
        "close": 6.49,
        "volume": 10694762,
        "typical_volume": 17561835.25,
        "trend": 8.458,
        "fair_value": 6.369744,
        "relative_strength": -23.812004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.016695,
        "energy": 46.585234,
        "activity_lines": [
          6.667333,
          6.777455,
          6.945381,
          7.578602
        ]
      },
      {
        "date": "2025-06-27",
        "close": 6.63,
        "volume": 15265997,
        "typical_volume": 17676101.5,
        "trend": 8.315333,
        "fair_value": 6.386731,
        "relative_strength": -25.312224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.785733,
        "energy": 43.751377,
        "activity_lines": [
          6.634,
          6.746,
          6.864857,
          7.460667
        ]
      },
      {
        "date": "2025-07-04",
        "close": 6.98,
        "volume": 9474817,
        "typical_volume": 17556562.6,
        "trend": 8.183,
        "fair_value": 6.401474,
        "relative_strength": -22.654937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.216229,
        "energy": 41.514066,
        "activity_lines": [
          6.729333,
          6.773273,
          6.836524,
          7.374516
        ]
      },
      {
        "date": "2025-07-11",
        "close": 6.48,
        "volume": 11790835,
        "typical_volume": 17666180.55,
        "trend": 8.056333,
        "fair_value": 6.4075,
        "relative_strength": -28.017543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.866836,
        "energy": 43.309648,
        "activity_lines": [
          6.646667,
          6.709455,
          6.777619,
          7.264645
        ]
      },
      {
        "date": "2025-07-18",
        "close": 6.81,
        "volume": 13677647,
        "typical_volume": 16794530.45,
        "trend": 7.946,
        "fair_value": 6.415705,
        "relative_strength": -25.343413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.888043,
        "energy": 32.286507,
        "activity_lines": [
          6.710667,
          6.718909,
          6.76619,
          7.184237
        ]
      },
      {
        "date": "2025-07-25",
        "close": 6.81,
        "volume": 9601465,
        "typical_volume": 16149433.6,
        "trend": 7.839333,
        "fair_value": 6.425128,
        "relative_strength": -26.029509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.359574,
        "energy": 24.749967,
        "activity_lines": [
          6.754667,
          6.725091,
          6.763048,
          7.110946
        ]
      },
      {
        "date": "2025-08-01",
        "close": 6.28,
        "volume": 14392064,
        "typical_volume": 16002411.5,
        "trend": 7.699333,
        "fair_value": 6.429615,
        "relative_strength": -30.188908,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.483527,
        "energy": 38.514231,
        "activity_lines": [
          6.600667,
          6.642182,
          6.712619,
          7.010344
        ]
      },
      {
        "date": "2025-08-08",
        "close": 6.64,
        "volume": 35181713,
        "typical_volume": 16828003.75,
        "trend": 7.591667,
        "fair_value": 6.429231,
        "relative_strength": -28.549054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.219481,
        "energy": 29.289463,
        "activity_lines": [
          6.59,
          6.634364,
          6.700857,
          6.942
        ]
      },
      {
        "date": "2025-08-15",
        "close": 6.73,
        "volume": 15198656,
        "typical_volume": 17012487.4,
        "trend": 7.455333,
        "fair_value": 6.431667,
        "relative_strength": -27.633066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.395468,
        "energy": 28.307205,
        "activity_lines": [
          6.632,
          6.646,
          6.701571,
          6.886409
        ]
      },
      {
        "date": "2025-08-22",
        "close": 7.01,
        "volume": 14240098,
        "typical_volume": 16697607.9,
        "trend": 7.349333,
        "fair_value": 6.435769,
        "relative_strength": -23.689387,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.219382,
        "energy": 15.328441,
        "activity_lines": [
          6.750667,
          6.714,
          6.731429,
          6.857677
        ]
      },
      {
        "date": "2025-08-29",
        "close": 6.95,
        "volume": 14651223,
        "typical_volume": 16002005.0,
        "trend": 7.227667,
        "fair_value": 6.437244,
        "relative_strength": -23.814744,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.648713,
        "energy": 7.938282,
        "activity_lines": [
          6.836,
          6.762,
          6.751762,
          6.831914
        ]
      },
      {
        "date": "2025-09-05",
        "close": 6.65,
        "volume": 9819859,
        "typical_volume": 15842381.05,
        "trend": 7.096333,
        "fair_value": 6.437115,
        "relative_strength": -27.454146,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.245651,
        "energy": 11.67907,
        "activity_lines": [
          6.812,
          6.747091,
          6.740571,
          6.794645
        ]
      },
      {
        "date": "2025-09-12",
        "close": 6.5,
        "volume": 13331561,
        "typical_volume": 15603393.3,
        "trend": 6.961,
        "fair_value": 6.439615,
        "relative_strength": -29.988224,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.44638,
        "energy": 14.35851,
        "activity_lines": [
          6.713333,
          6.704545,
          6.713714,
          6.756172
        ]
      },
      {
        "date": "2025-09-19",
        "close": 6.59,
        "volume": 23647424,
        "typical_volume": 16013305.8,
        "trend": 6.852333,
        "fair_value": 6.445064,
        "relative_strength": -30.113715,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.907608,
        "energy": 20.86105,
        "activity_lines": [
          6.654,
          6.687091,
          6.697667,
          6.732237
        ]
      },
      {
        "date": "2025-09-26",
        "close": 6.33,
        "volume": 13316303,
        "typical_volume": 15079512.7,
        "trend": 6.778333,
        "fair_value": 6.446859,
        "relative_strength": -32.14578,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.85081,
        "energy": 40.334965,
        "activity_lines": [
          6.517333,
          6.620364,
          6.65981,
          6.698538
        ]
      },
      {
        "date": "2025-10-03",
        "close": 6.13,
        "volume": 13139193,
        "typical_volume": 14364935.65,
        "trend": 6.733333,
        "fair_value": 6.440064,
        "relative_strength": -34.613812,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.208859,
        "energy": 55.3424,
        "activity_lines": [
          6.359333,
          6.526,
          6.604333,
          6.65671
        ]
      },
      {
        "date": "2025-10-10",
        "close": 5.85,
        "volume": 12609313,
        "typical_volume": 14230674.05,
        "trend": 6.688333,
        "fair_value": 6.429679,
        "relative_strength": -35.662529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.299943,
        "energy": 67.929522,
        "activity_lines": [
          6.162667,
          6.393091,
          6.527333,
          6.59972
        ]
      },
      {
        "date": "2025-10-17",
        "close": 5.8,
        "volume": 11671268,
        "typical_volume": 14336509.7,
        "trend": 6.633,
        "fair_value": 6.42,
        "relative_strength": -37.158864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.184048,
        "energy": 73.322055,
        "activity_lines": [
          6.002667,
          6.258909,
          6.450143,
          6.542409
        ]
      },
      {
        "date": "2025-10-24",
        "close": 6.07,
        "volume": 10910377,
        "typical_volume": 14187678.4,
        "trend": 6.593667,
        "fair_value": 6.409551,
        "relative_strength": -35.05425,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.599725,
        "energy": 66.78614,
        "activity_lines": [
          5.979333,
          6.189091,
          6.403476,
          6.506086
        ]
      },
      {
        "date": "2025-10-31",
        "close": 5.79,
        "volume": 11305665,
        "typical_volume": 14196012.0,
        "trend": 6.579667,
        "fair_value": 6.403141,
        "relative_strength": -38.585963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.627935,
        "energy": 68.352648,
        "activity_lines": [
          5.897333,
          6.080364,
          6.334714,
          6.454237
        ]
      },
      {
        "date": "2025-11-07",
        "close": 5.37,
        "volume": 20648101,
        "typical_volume": 14693678.95,
        "trend": 6.547667,
        "fair_value": 6.397179,
        "relative_strength": -40.290418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.581904,
        "energy": 77.426478,
        "activity_lines": [
          5.711333,
          5.917455,
          6.229381,
          6.376194
        ]
      },
      {
        "date": "2025-11-14",
        "close": 5.54,
        "volume": 15513977,
        "typical_volume": 14706077.95,
        "trend": 6.520333,
        "fair_value": 6.397308,
        "relative_strength": -37.339304,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.355771,
        "energy": 67.101674,
        "activity_lines": [
          5.632667,
          5.814182,
          6.145571,
          6.311183
        ]
      },
      {
        "date": "2025-11-21",
        "close": 5.54,
        "volume": 13649058,
        "typical_volume": 14914790.0,
        "trend": 6.472667,
        "fair_value": 6.397436,
        "relative_strength": -34.270105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.078872,
        "energy": 69.487989,
        "activity_lines": [
          5.574667,
          5.731091,
          6.066952,
          6.247935
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5.78,
        "volume": 9990758,
        "typical_volume": 14824786.15,
        "trend": 6.425,
        "fair_value": 6.4,
        "relative_strength": -33.564343,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.350405,
        "energy": 55.16581,
        "activity_lines": [
          5.614,
          5.709091,
          6.018048,
          6.203247
        ]
      },
      {
        "date": "2025-12-05",
        "close": 5.68,
        "volume": 13024664,
        "typical_volume": 14792137.0,
        "trend": 6.393333,
        "fair_value": 6.401026,
        "relative_strength": -34.300314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.694627,
        "energy": 43.033075,
        "activity_lines": [
          5.639333,
          5.683636,
          5.962952,
          6.155183
        ]
      },
      {
        "date": "2025-12-12",
        "close": 5.96,
        "volume": 13568760,
        "typical_volume": 14990501.75,
        "trend": 6.351667,
        "fair_value": 6.405513,
        "relative_strength": -28.761071,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.534158,
        "energy": 29.284588,
        "activity_lines": [
          5.765333,
          5.720909,
          5.939905,
          6.127226
        ]
      },
      {
        "date": "2025-12-19",
        "close": 5.8,
        "volume": 19678801,
        "typical_volume": 15254838.6,
        "trend": 6.318,
        "fair_value": 6.410128,
        "relative_strength": -30.050937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.90948,
        "energy": 22.60102,
        "activity_lines": [
          5.798667,
          5.732182,
          5.905667,
          6.091634
        ]
      },
      {
        "date": "2025-12-26",
        "close": 5.71,
        "volume": 12254512,
        "typical_volume": 14108478.55,
        "trend": 6.281333,
        "fair_value": 6.411667,
        "relative_strength": -30.982305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.223521,
        "energy": 22.357879,
        "activity_lines": [
          5.784667,
          5.728,
          5.865143,
          6.052409
        ]
      },
      {
        "date": "2026-01-02",
        "close": 5.44,
        "volume": 9504635,
        "typical_volume": 13823777.5,
        "trend": 6.228333,
        "fair_value": 6.413526,
        "relative_strength": -31.962264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.043388,
        "energy": 33.812538,
        "activity_lines": [
          5.669333,
          5.676364,
          5.803333,
          5.998129
        ]
      },
      {
        "date": "2026-01-09",
        "close": 5.44,
        "volume": 14444221,
        "typical_volume": 13833983.65,
        "trend": 6.192667,
        "fair_value": 6.411346,
        "relative_strength": -32.346138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.37266,
        "energy": 41.067988,
        "activity_lines": [
          5.576667,
          5.636182,
          5.747667,
          5.947269
        ]
      },
      {
        "date": "2026-01-16",
        "close": 5.39,
        "volume": 17691673,
        "typical_volume": 13986006.15,
        "trend": 6.156,
        "fair_value": 6.408269,
        "relative_strength": -31.130643,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.48175,
        "energy": 54.111917,
        "activity_lines": [
          5.483333,
          5.593273,
          5.694714,
          5.895484
        ]
      },
      {
        "date": "2026-01-23",
        "close": 6.16,
        "volume": 23529837,
        "typical_volume": 14671505.05,
        "trend": 6.140333,
        "fair_value": 6.409808,
        "relative_strength": -20.328069,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.876508,
        "energy": 23.529659,
        "activity_lines": [
          5.684667,
          5.69,
          5.722524,
          5.895742
        ]
      },
      {
        "date": "2026-01-30",
        "close": 6.39,
        "volume": 33703084,
        "typical_volume": 15690081.2,
        "trend": 6.120667,
        "fair_value": 6.411859,
        "relative_strength": -15.922259,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.170214,
        "energy": 9.226281,
        "activity_lines": [
          5.938667,
          5.817273,
          5.774571,
          5.911849
        ]
      },
      {
        "date": "2026-02-06",
        "close": 6.33,
        "volume": 26639511,
        "typical_volume": 15839685.55,
        "trend": 6.115667,
        "fair_value": 6.416603,
        "relative_strength": -13.688166,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.38701,
        "energy": 28.247108,
        "activity_lines": [
          6.127333,
          5.918182,
          5.821429,
          5.925355
        ]
      },
      {
        "date": "2026-02-13",
        "close": 5.395,
        "volume": 18292139,
        "typical_volume": 16088477.35,
        "trend": 6.0685,
        "fair_value": 6.41484,
        "relative_strength": -24.188698,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.301917,
        "energy": 23.84942,
        "activity_lines": [
          5.945,
          5.839091,
          5.780476,
          5.87886
        ]
      },
      {
        "date": "2026-02-20",
        "close": 5.41,
        "volume": 10876012,
        "typical_volume": 15975318.3,
        "trend": 6.021833,
        "fair_value": 6.413301,
        "relative_strength": -23.604187,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.106749,
        "energy": 15.239298,
        "activity_lines": [
          5.770667,
          5.767909,
          5.745405,
          5.836376
        ]
      },
      {
        "date": "2026-02-27",
        "close": 4.32,
        "volume": 31240644,
        "typical_volume": 16906884.85,
        "trend": 5.9565,
        "fair_value": 6.397147,
        "relative_strength": -37.836869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.494965,
        "energy": 68.059815,
        "activity_lines": [
          5.231667,
          5.508545,
          5.609952,
          5.726581
        ]
      },
      {
        "date": "2026-03-06",
        "close": 4.7,
        "volume": 20213066,
        "typical_volume": 17333974.75,
        "trend": 5.891833,
        "fair_value": 6.38766,
        "relative_strength": -30.650386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.866567,
        "energy": 71.389489,
        "activity_lines": [
          4.942,
          5.345182,
          5.517976,
          5.645516
        ]
      },
      {
        "date": "2026-03-13",
        "close": 4.54,
        "volume": 27616148,
        "typical_volume": 18169263.3,
        "trend": 5.818833,
        "fair_value": 6.378045,
        "relative_strength": -31.463178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.259867,
        "energy": 78.490751,
        "activity_lines": [
          4.711667,
          5.171091,
          5.416,
          5.558301
        ]
      },
      {
        "date": "2026-03-20",
        "close": 4.47,
        "volume": 25485796,
        "typical_volume": 18878269.85,
        "trend": 5.734167,
        "fair_value": 6.367917,
        "relative_strength": -30.216379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.048373,
        "energy": 80.064333,
        "activity_lines": [
          4.577333,
          5.000636,
          5.314643,
          5.47128
        ]
      },
      {
        "date": "2026-03-27",
        "close": 4.78,
        "volume": 16554754,
        "typical_volume": 18673602.5,
        "trend": 5.661833,
        "fair_value": 6.358301,
        "relative_strength": -21.930011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.333611,
        "energy": 66.607286,
        "activity_lines": [
          4.608,
          4.904182,
          5.249095,
          5.40972
        ]
      },
      {
        "date": "2026-04-03",
        "close": 4.92,
        "volume": 10584818,
        "typical_volume": 18427144.55,
        "trend": 5.604167,
        "fair_value": 6.351827,
        "relative_strength": -21.843173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.336146,
        "energy": 44.611077,
        "activity_lines": [
          4.727333,
          4.844273,
          5.19969,
          5.36186
        ]
      },
      {
        "date": "2026-04-10",
        "close": 4.64,
        "volume": 19805631,
        "typical_volume": 18734973.2,
        "trend": 5.542167,
        "fair_value": 6.345545,
        "relative_strength": -28.621271,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.747961,
        "energy": 39.734916,
        "activity_lines": [
          4.713333,
          4.756,
          5.126571,
          5.299656
        ]
      },
      {
        "date": "2026-04-17",
        "close": 5.27,
        "volume": 11380128,
        "typical_volume": 18804441.7,
        "trend": 5.498167,
        "fair_value": 6.343045,
        "relative_strength": -22.77516,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.21229,
        "energy": 22.827275,
        "activity_lines": [
          4.913333,
          4.814091,
          5.117738,
          5.282097
        ]
      },
      {
        "date": "2026-04-24",
        "close": 5.11,
        "volume": 12631748,
        "typical_volume": 18784795.9,
        "trend": 5.4575,
        "fair_value": 6.340801,
        "relative_strength": -25.768669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.663104,
        "energy": 18.601344,
        "activity_lines": [
          5.011333,
          4.862364,
          5.096095,
          5.257054
        ]
      },
      {
        "date": "2026-05-01",
        "close": 5.04,
        "volume": 11292105,
        "typical_volume": 18670963.15,
        "trend": 5.421167,
        "fair_value": 6.337468,
        "relative_strength": -26.907527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.575545,
        "energy": 17.382037,
        "activity_lines": [
          5.043333,
          4.903091,
          5.0705,
          5.230118
        ]
      },
      {
        "date": "2026-05-08",
        "close": 5.16,
        "volume": 29037404,
        "typical_volume": 19138893.3,
        "trend": 5.398167,
        "fair_value": 6.340994,
        "relative_strength": -28.207173,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.674802,
        "energy": 18.956215,
        "activity_lines": [
          5.098,
          4.972364,
          5.060714,
          5.213269
        ]
      },
      {
        "date": "2026-05-15",
        "close": 4.6,
        "volume": 25281420,
        "typical_volume": 19790238.7,
        "trend": 5.358167,
        "fair_value": 6.341955,
        "relative_strength": -34.875434,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.514891,
        "energy": 21.483805,
        "activity_lines": [
          4.95,
          4.924545,
          5.000643,
          5.161774
        ]
      },
      {
        "date": "2026-05-22",
        "close": 4.94,
        "volume": 16018575,
        "typical_volume": 20115935.7,
        "trend": 5.3205,
        "fair_value": 6.346763,
        "relative_strength": -30.01802,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.756648,
        "energy": 21.527502,
        "activity_lines": [
          4.918,
          4.940364,
          4.978238,
          5.134796
        ]
      },
      {
        "date": "2026-05-29",
        "close": 5.2,
        "volume": 15071495,
        "typical_volume": 20147299.4,
        "trend": 5.300833,
        "fair_value": 6.351378,
        "relative_strength": -27.539663,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.693032,
        "energy": 13.87803,
        "activity_lines": [
          4.994667,
          4.996182,
          4.982976,
          5.127022
        ]
      },
      {
        "date": "2026-06-05",
        "close": 5.04,
        "volume": 29262855,
        "typical_volume": 20725858.5,
        "trend": 5.289833,
        "fair_value": 6.35484,
        "relative_strength": -25.548812,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.782122,
        "energy": 13.136266,
        "activity_lines": [
          5.012,
          5.009636,
          4.973619,
          5.110194
        ]
      },
      {
        "date": "2026-06-12",
        "close": 6.75,
        "volume": 88027364,
        "typical_volume": 23950734.85,
        "trend": 5.330167,
        "fair_value": 6.368429,
        "relative_strength": -1.941537,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.706892,
        "energy": 47.760535,
        "activity_lines": [
          5.599333,
          5.329273,
          5.128786,
          5.204398
        ]
      },
      {
        "date": "2026-06-19",
        "close": 7.02,
        "volume": 119945023,
        "typical_volume": 28262831.8,
        "trend": 5.3795,
        "fair_value": 6.383237,
        "relative_strength": -0.092954,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.062293,
        "energy": 70.277392,
        "activity_lines": [
          6.170667,
          5.664727,
          5.306857,
          5.313419
        ]
      },
      {
        "date": "2026-06-26",
        "close": 7.13,
        "volume": 30961144,
        "typical_volume": 28478913.45,
        "trend": 5.4245,
        "fair_value": 6.398109,
        "relative_strength": 6.695699,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 84.527862,
        "energy": 91.429554,
        "activity_lines": [
          6.617333,
          5.976909,
          5.492405,
          5.426355
        ]
      },
      {
        "date": "2026-07-03",
        "close": 7.09,
        "volume": 14954606,
        "typical_volume": 28312036.8,
        "trend": 5.4715,
        "fair_value": 6.414006,
        "relative_strength": 5.760814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.881998,
        "energy": 91.040684,
        "activity_lines": [
          6.904667,
          6.248,
          5.670333,
          5.533806
        ]
      },
      {
        "date": "2026-07-10",
        "close": 7.1,
        "volume": 17674786,
        "typical_volume": 28651975.5,
        "trend": 5.5095,
        "fair_value": 6.42734,
        "relative_strength": 4.441575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.676551,
        "energy": 88.796742,
        "activity_lines": [
          7.069333,
          6.484909,
          5.841143,
          5.638871
        ]
      },
      {
        "date": "2026-07-17",
        "close": 7.12,
        "volume": 13162152,
        "typical_volume": 27748050.9,
        "trend": 5.5535,
        "fair_value": 6.439776,
        "relative_strength": 9.718203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.364309,
        "energy": 88.70592,
        "activity_lines": [
          7.103333,
          6.688,
          6.00581,
          5.742774
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.12,
        "volume": 11308239,
        "typical_volume": 27302809.55,
        "trend": 5.6005,
        "fair_value": 6.451763,
        "relative_strength": 11.881367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.633466,
        "energy": 87.107195,
        "activity_lines": [
          7.112667,
          6.855455,
          6.157143,
          5.843839
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.17,
        "volume": 32730015,
        "typical_volume": 27558502.9,
        "trend": 5.658167,
        "fair_value": 6.466186,
        "relative_strength": 12.27377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.08788,
        "energy": 83.574121,
        "activity_lines": [
          7.132,
          6.986182,
          6.301714,
          5.945097
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.1,
        "volume": 28556262,
        "typical_volume": 27712026.2,
        "trend": 5.7135,
        "fair_value": 6.474391,
        "relative_strength": 6.181177,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.007584,
        "energy": 71.475955,
        "activity_lines": [
          7.125333,
          7.063636,
          6.427095,
          6.038118
        ]
      }
    ],
    "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."
    }
  }
}