{
  "ticker": {
    "uuid": "0c8f2d66-6f04-48eb-86fd-3e0a10789e53",
    "symbol": "WAA",
    "name": "WAM Active Limited",
    "exchange": "ASX",
    "country": "AU",
    "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": "^AXJO",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 80.531,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 66.609,
    "architecture_energy": 62.376,
    "architecture_maturity": 23.795,
    "architecture_confidence": 65.525,
    "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": 6.28,
        "rotation_up": 76.48,
        "upward_expansion": 85.76,
        "deceleration": 59.54,
        "rotation_down": 10.64,
        "downward_expansion": 10.09
      },
      "activity_lines": [
        1.112,
        1.091926,
        1.052058,
        1.026247
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 1.05,
    "trend_reference": 1.006562,
    "distance_from_trend": 0.043155,
    "trend_direction": "Improving",
    "fair_value": 0.797701,
    "distance_from_fair_value": 0.316283,
    "fair_value_direction": "Weakening",
    "relative_strength": 2.429573,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.072079,
    "excess_performance": 0.008374,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.043155,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.035638,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.316283,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.003322,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.024296,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.079937,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.072079,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.127687,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4328729,
      "relative_activity": 2.581161,
      "balance": 1.127687,
      "dry_up": 2.330075,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.044147,
      "annualized_volatility": 0.232553,
      "from_high_reference": -0.121339,
      "from_low_reference": 0.33175
    },
    "levels": {
      "trend_reference": 1.006562,
      "fair_value_reference": 0.797701,
      "structural_low": 0.844977,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.012195,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.000571,
        "regime_survival": 0.72,
        "best_return": 0.12,
        "worst_return": -0.078651,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.024348,
        "positive_rate": 0.7,
        "directional_follow_through": 0.7,
        "median_excess_return": 0.025776,
        "regime_survival": 0.7,
        "best_return": 0.172414,
        "worst_return": -0.05727,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.060319,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.005006,
        "regime_survival": 0.666667,
        "best_return": 0.206516,
        "worst_return": 0.009433,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.221777,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.101958,
        "regime_survival": 0.666667,
        "best_return": 0.390083,
        "worst_return": -0.195311,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-26",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": 0.067901,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-13",
        "end": "2025-03-28",
        "tenure": "Extended",
        "return": 0.00969,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-04",
        "end": "2025-04-25",
        "tenure": "New",
        "return": -0.066195,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-05-02",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.006136,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.049382,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-08-01",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-12-19",
        "tenure": "Established",
        "return": 0.159202,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-26",
        "end": "2026-01-09",
        "tenure": "New",
        "return": 0.08586,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-16",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": -0.063928,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-27",
        "end": "2026-03-20",
        "tenure": "New",
        "return": -0.077671,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.108696,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-01",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.014634,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-15",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": 0.024705,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.029412,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 0.582716,
        "volume": 536663,
        "typical_volume": 371549.95,
        "trend": 0.585136,
        "fair_value": 0.698762,
        "relative_strength": -3.523787,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.326983,
        "energy": 11.159754,
        "activity_lines": [
          0.575162,
          0.568074,
          0.566281,
          0.574451
        ]
      },
      {
        "date": "2023-08-25",
        "close": 0.574623,
        "volume": 99990,
        "typical_volume": 360569.65,
        "trend": 0.584809,
        "fair_value": 0.697819,
        "relative_strength": -4.048202,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.261565,
        "energy": 11.334036,
        "activity_lines": [
          0.575432,
          0.57065,
          0.566452,
          0.573772
        ]
      },
      {
        "date": "2023-09-01",
        "close": 0.598902,
        "volume": 302514,
        "typical_volume": 357250.35,
        "trend": 0.584512,
        "fair_value": 0.697032,
        "relative_strength": -1.856798,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.898271,
        "energy": 15.580119,
        "activity_lines": [
          0.583255,
          0.577051,
          0.56915,
          0.574682
        ]
      },
      {
        "date": "2023-09-08",
        "close": 0.615089,
        "volume": 452866,
        "typical_volume": 364913.0,
        "trend": 0.585014,
        "fair_value": 0.696414,
        "relative_strength": 2.797664,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.225475,
        "energy": 44.113488,
        "activity_lines": [
          0.595126,
          0.585217,
          0.573428,
          0.576654
        ]
      },
      {
        "date": "2023-09-15",
        "close": 0.590809,
        "volume": 311380,
        "typical_volume": 369639.5,
        "trend": 0.583408,
        "fair_value": 0.695662,
        "relative_strength": -2.473531,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 18.093246,
        "energy": 38.576362,
        "activity_lines": [
          0.596205,
          0.587572,
          0.575336,
          0.577028
        ]
      },
      {
        "date": "2023-09-22",
        "close": 0.598902,
        "volume": 357944,
        "typical_volume": 373682.35,
        "trend": 0.582721,
        "fair_value": 0.694896,
        "relative_strength": 2.179336,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.038398,
        "energy": 43.602146,
        "activity_lines": [
          0.598363,
          0.590809,
          0.578053,
          0.578028
        ]
      },
      {
        "date": "2023-09-29",
        "close": 0.606996,
        "volume": 636600,
        "typical_volume": 389458.9,
        "trend": 0.582823,
        "fair_value": 0.69414,
        "relative_strength": 4.219191,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.295329,
        "energy": 43.902937,
        "activity_lines": [
          0.60214,
          0.594856,
          0.581502,
          0.579594
        ]
      },
      {
        "date": "2023-10-06",
        "close": 0.598019,
        "volume": 361494,
        "typical_volume": 393703.8,
        "trend": 0.582237,
        "fair_value": 0.693131,
        "relative_strength": 4.30661,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.47754,
        "energy": 24.826843,
        "activity_lines": [
          0.600766,
          0.596535,
          0.583903,
          0.580574
        ]
      },
      {
        "date": "2023-10-13",
        "close": 0.598019,
        "volume": 139576,
        "typical_volume": 371226.75,
        "trend": 0.58191,
        "fair_value": 0.692036,
        "relative_strength": 3.123803,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.856176,
        "energy": 21.800775,
        "activity_lines": [
          0.599451,
          0.597861,
          0.586194,
          0.581593
        ]
      },
      {
        "date": "2023-10-20",
        "close": 0.598019,
        "volume": 166631,
        "typical_volume": 360087.2,
        "trend": 0.581583,
        "fair_value": 0.69112,
        "relative_strength": 5.535418,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 49.44882,
        "energy": 28.833999,
        "activity_lines": [
          0.599275,
          0.598763,
          0.588334,
          0.582632
        ]
      },
      {
        "date": "2023-10-27",
        "close": 0.581173,
        "volume": 219378,
        "typical_volume": 367185.3,
        "trend": 0.580565,
        "fair_value": 0.69023,
        "relative_strength": 3.807196,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 32.630859,
        "energy": 16.037974,
        "activity_lines": [
          0.593002,
          0.596029,
          0.58872,
          0.582605
        ]
      },
      {
        "date": "2023-11-03",
        "close": 0.598019,
        "volume": 311771,
        "typical_volume": 358762.55,
        "trend": 0.579849,
        "fair_value": 0.689292,
        "relative_strength": 4.505748,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.653067,
        "energy": 16.597991,
        "activity_lines": [
          0.593527,
          0.596386,
          0.590602,
          0.583731
        ]
      },
      {
        "date": "2023-11-10",
        "close": 0.581173,
        "volume": 189333,
        "typical_volume": 351183.65,
        "trend": 0.578988,
        "fair_value": 0.688091,
        "relative_strength": 1.624989,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.82853,
        "energy": 13.810474,
        "activity_lines": [
          0.589034,
          0.593255,
          0.590614,
          0.583817
        ]
      },
      {
        "date": "2023-11-17",
        "close": 0.606442,
        "volume": 151851,
        "typical_volume": 335689.05,
        "trend": 0.579105,
        "fair_value": 0.687052,
        "relative_strength": 4.975027,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.702447,
        "energy": 17.261702,
        "activity_lines": [
          0.594088,
          0.59504,
          0.592809,
          0.585588
        ]
      },
      {
        "date": "2023-11-24",
        "close": 0.576962,
        "volume": 311901,
        "typical_volume": 340378.5,
        "trend": 0.578373,
        "fair_value": 0.685868,
        "relative_strength": 0.086312,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.397681,
        "energy": 6.251587,
        "activity_lines": [
          0.588754,
          0.591623,
          0.591871,
          0.58545
        ]
      },
      {
        "date": "2023-12-01",
        "close": 0.585385,
        "volume": 185777,
        "typical_volume": 339224.45,
        "trend": 0.578192,
        "fair_value": 0.68465,
        "relative_strength": 1.017839,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.746852,
        "energy": 9.031744,
        "activity_lines": [
          0.587631,
          0.589989,
          0.591647,
          0.585902
        ]
      },
      {
        "date": "2023-12-08",
        "close": 0.606442,
        "volume": 327625,
        "typical_volume": 333273.85,
        "trend": 0.579523,
        "fair_value": 0.683544,
        "relative_strength": 2.802664,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.763066,
        "energy": 18.769743,
        "activity_lines": [
          0.593246,
          0.592429,
          0.59332,
          0.587725
        ]
      },
      {
        "date": "2023-12-15",
        "close": 0.581173,
        "volume": 213710,
        "typical_volume": 322645.35,
        "trend": 0.579741,
        "fair_value": 0.682276,
        "relative_strength": -4.642386,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.428376,
        "energy": 6.450612,
        "activity_lines": [
          0.589877,
          0.590285,
          0.592396,
          0.587831
        ]
      },
      {
        "date": "2023-12-22",
        "close": 0.60223,
        "volume": 407060,
        "typical_volume": 309639.1,
        "trend": 0.580931,
        "fair_value": 0.681232,
        "relative_strength": -1.918404,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.912432,
        "energy": 17.242433,
        "activity_lines": [
          0.593527,
          0.592276,
          0.593465,
          0.589282
        ]
      },
      {
        "date": "2023-12-29",
        "close": 0.610653,
        "volume": 187694,
        "typical_volume": 293587.9,
        "trend": 0.582402,
        "fair_value": 0.680109,
        "relative_strength": -1.65552,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.741825,
        "energy": 34.017635,
        "activity_lines": [
          0.600265,
          0.595722,
          0.595206,
          0.5912
        ]
      },
      {
        "date": "2024-01-05",
        "close": 0.606442,
        "volume": 72953,
        "typical_volume": 270402.4,
        "trend": 0.584002,
        "fair_value": 0.678981,
        "relative_strength": -0.927753,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.964684,
        "energy": 35.783342,
        "activity_lines": [
          0.603353,
          0.598172,
          0.596335,
          0.592751
        ]
      },
      {
        "date": "2024-01-12",
        "close": 0.627499,
        "volume": 561368,
        "typical_volume": 293471.3,
        "trend": 0.586844,
        "fair_value": 0.678144,
        "relative_strength": 2.317426,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 66.723312,
        "energy": 56.050158,
        "activity_lines": [
          0.612057,
          0.603992,
          0.599356,
          0.595557
        ]
      },
      {
        "date": "2024-01-19",
        "close": 0.619076,
        "volume": 239212,
        "typical_volume": 290306.2,
        "trend": 0.589674,
        "fair_value": 0.677274,
        "relative_strength": 1.923153,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.736215,
        "energy": 56.574768,
        "activity_lines": [
          0.616549,
          0.607743,
          0.601324,
          0.597636
        ]
      },
      {
        "date": "2024-01-26",
        "close": 0.610653,
        "volume": 324967,
        "typical_volume": 283911.25,
        "trend": 0.59209,
        "fair_value": 0.676262,
        "relative_strength": -1.31502,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.218929,
        "energy": 50.324033,
        "activity_lines": [
          0.615707,
          0.609275,
          0.602393,
          0.59899
        ]
      },
      {
        "date": "2024-02-02",
        "close": 0.614865,
        "volume": 204725,
        "typical_volume": 278578.5,
        "trend": 0.59397,
        "fair_value": 0.675188,
        "relative_strength": -2.479903,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.208013,
        "energy": 47.634291,
        "activity_lines": [
          0.615707,
          0.611496,
          0.603884,
          0.600459
        ]
      },
      {
        "date": "2024-02-09",
        "close": 0.619076,
        "volume": 287710,
        "typical_volume": 275066.8,
        "trend": 0.595857,
        "fair_value": 0.674142,
        "relative_strength": -1.116851,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.345785,
        "energy": 37.521523,
        "activity_lines": [
          0.61683,
          0.613793,
          0.605662,
          0.602079
        ]
      },
      {
        "date": "2024-02-16",
        "close": 0.63171,
        "volume": 411956,
        "typical_volume": 263834.6,
        "trend": 0.59803,
        "fair_value": 0.673264,
        "relative_strength": 0.829545,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.425493,
        "energy": 43.845679,
        "activity_lines": [
          0.621322,
          0.617774,
          0.608547,
          0.604392
        ]
      },
      {
        "date": "2024-02-23",
        "close": 0.640133,
        "volume": 359685,
        "typical_volume": 263744.15,
        "trend": 0.600078,
        "fair_value": 0.672463,
        "relative_strength": 2.39539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.672279,
        "energy": 61.060915,
        "activity_lines": [
          0.628341,
          0.622828,
          0.612117,
          0.607108
        ]
      },
      {
        "date": "2024-03-01",
        "close": 0.673824,
        "volume": 509269,
        "typical_volume": 282228.8,
        "trend": 0.603385,
        "fair_value": 0.671901,
        "relative_strength": 6.263286,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.257166,
        "energy": 83.423449,
        "activity_lines": [
          0.645187,
          0.632935,
          0.618695,
          0.611866
        ]
      },
      {
        "date": "2024-03-08",
        "close": 0.686458,
        "volume": 740172,
        "typical_volume": 310905.85,
        "trend": 0.607383,
        "fair_value": 0.671352,
        "relative_strength": 6.823757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.033288,
        "energy": 89.311659,
        "activity_lines": [
          0.662032,
          0.644038,
          0.626115,
          0.617226
        ]
      },
      {
        "date": "2024-03-15",
        "close": 0.707515,
        "volume": 608226,
        "typical_volume": 330348.25,
        "trend": 0.611543,
        "fair_value": 0.670783,
        "relative_strength": 12.495746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.560991,
        "energy": 94.82866,
        "activity_lines": [
          0.681124,
          0.657591,
          0.635119,
          0.623686
        ]
      },
      {
        "date": "2024-03-22",
        "close": 0.732784,
        "volume": 503709,
        "typical_volume": 339945.15,
        "trend": 0.616815,
        "fair_value": 0.670754,
        "relative_strength": 14.823508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.584256,
        "energy": 96.377324,
        "activity_lines": [
          0.702742,
          0.673901,
          0.645929,
          0.631508
        ]
      },
      {
        "date": "2024-03-29",
        "close": 0.736995,
        "volume": 322726,
        "typical_volume": 346614.8,
        "trend": 0.621418,
        "fair_value": 0.670729,
        "relative_strength": 13.421137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.639687,
        "energy": 93.991987,
        "activity_lines": [
          0.719026,
          0.689062,
          0.656497,
          0.639262
        ]
      },
      {
        "date": "2024-04-05",
        "close": 0.749629,
        "volume": 355286,
        "typical_volume": 356786.55,
        "trend": 0.625903,
        "fair_value": 0.670719,
        "relative_strength": 16.909681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.427134,
        "energy": 93.508373,
        "activity_lines": [
          0.733064,
          0.704376,
          0.667527,
          0.647533
        ]
      },
      {
        "date": "2024-04-12",
        "close": 0.741207,
        "volume": 706724,
        "typical_volume": 376527.7,
        "trend": 0.630916,
        "fair_value": 0.670632,
        "relative_strength": 15.035474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.303514,
        "energy": 87.973105,
        "activity_lines": [
          0.739241,
          0.715632,
          0.677073,
          0.654972
        ]
      },
      {
        "date": "2024-04-19",
        "close": 0.714658,
        "volume": 489940,
        "typical_volume": 391735.85,
        "trend": 0.634774,
        "fair_value": 0.670376,
        "relative_strength": 13.82891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.079859,
        "energy": 65.726429,
        "activity_lines": [
          0.732919,
          0.719764,
          0.683308,
          0.660375
        ]
      },
      {
        "date": "2024-04-26",
        "close": 0.697227,
        "volume": 307332,
        "typical_volume": 390721.2,
        "trend": 0.637782,
        "fair_value": 0.670007,
        "relative_strength": 10.667549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.924548,
        "energy": 55.199552,
        "activity_lines": [
          0.720309,
          0.718988,
          0.687268,
          0.664404
        ]
      },
      {
        "date": "2024-05-03",
        "close": 0.697227,
        "volume": 539316,
        "typical_volume": 407001.5,
        "trend": 0.641089,
        "fair_value": 0.669572,
        "relative_strength": 9.654799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.773736,
        "energy": 36.888595,
        "activity_lines": [
          0.710071,
          0.717022,
          0.690795,
          0.668239
        ]
      },
      {
        "date": "2024-05-10",
        "close": 0.701585,
        "volume": 281896,
        "typical_volume": 400743.3,
        "trend": 0.644541,
        "fair_value": 0.669054,
        "relative_strength": 8.319837,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.111431,
        "energy": 25.511913,
        "activity_lines": [
          0.703936,
          0.714809,
          0.694185,
          0.672142
        ]
      },
      {
        "date": "2024-05-17",
        "close": 0.714658,
        "volume": 282572,
        "typical_volume": 405487.2,
        "trend": 0.648429,
        "fair_value": 0.668713,
        "relative_strength": 9.10059,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.261845,
        "energy": 23.772705,
        "activity_lines": [
          0.705362,
          0.714469,
          0.698346,
          0.676666
        ]
      },
      {
        "date": "2024-05-24",
        "close": 0.723373,
        "volume": 256337,
        "typical_volume": 414656.4,
        "trend": 0.653169,
        "fair_value": 0.668451,
        "relative_strength": 11.303047,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.833091,
        "energy": 29.508345,
        "activity_lines": [
          0.711462,
          0.715201,
          0.702843,
          0.681501
        ]
      },
      {
        "date": "2024-05-31",
        "close": 0.753877,
        "volume": 375955,
        "typical_volume": 405385.75,
        "trend": 0.658364,
        "fair_value": 0.668407,
        "relative_strength": 15.893904,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.790566,
        "energy": 47.533235,
        "activity_lines": [
          0.72715,
          0.721191,
          0.709688,
          0.687998
        ]
      },
      {
        "date": "2024-06-07",
        "close": 0.775665,
        "volume": 279353,
        "typical_volume": 407392.8,
        "trend": 0.664847,
        "fair_value": 0.668526,
        "relative_strength": 16.304773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.717196,
        "energy": 68.179624,
        "activity_lines": [
          0.746324,
          0.730758,
          0.718006,
          0.695566
        ]
      },
      {
        "date": "2024-06-14",
        "close": 0.740804,
        "volume": 417135,
        "typical_volume": 412001.2,
        "trend": 0.669326,
        "fair_value": 0.668307,
        "relative_strength": 12.490464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.056287,
        "energy": 67.004026,
        "activity_lines": [
          0.748648,
          0.733284,
          0.722258,
          0.700467
        ]
      },
      {
        "date": "2024-06-21",
        "close": 0.697227,
        "volume": 181389,
        "typical_volume": 410834.4,
        "trend": 0.673335,
        "fair_value": 0.667809,
        "relative_strength": 4.564874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.158469,
        "energy": 41.257601,
        "activity_lines": [
          0.733832,
          0.728048,
          0.72174,
          0.702267
        ]
      },
      {
        "date": "2024-06-28",
        "close": 0.69287,
        "volume": 497013,
        "typical_volume": 421299.55,
        "trend": 0.676918,
        "fair_value": 0.667373,
        "relative_strength": 3.954145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.504532,
        "energy": 18.591081,
        "activity_lines": [
          0.718725,
          0.722819,
          0.720415,
          0.703527
        ]
      },
      {
        "date": "2024-07-05",
        "close": 0.714658,
        "volume": 266926,
        "typical_volume": 414048.05,
        "trend": 0.680525,
        "fair_value": 0.667055,
        "relative_strength": 6.18483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.144643,
        "energy": 19.054991,
        "activity_lines": [
          0.712915,
          0.721947,
          0.720814,
          0.705962
        ]
      },
      {
        "date": "2024-07-12",
        "close": 0.723373,
        "volume": 84141,
        "typical_volume": 400270.85,
        "trend": 0.685265,
        "fair_value": 0.666816,
        "relative_strength": 5.303401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.887141,
        "energy": 20.824342,
        "activity_lines": [
          0.712624,
          0.722343,
          0.721647,
          0.708726
        ]
      },
      {
        "date": "2024-07-19",
        "close": 0.727731,
        "volume": 173909,
        "typical_volume": 383502.85,
        "trend": 0.689448,
        "fair_value": 0.666604,
        "relative_strength": 5.449364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.021009,
        "energy": 16.810368,
        "activity_lines": [
          0.717273,
          0.723056,
          0.7225,
          0.711466
        ]
      },
      {
        "date": "2024-07-26",
        "close": 0.705943,
        "volume": 212817,
        "typical_volume": 357135.1,
        "trend": 0.692625,
        "fair_value": 0.666344,
        "relative_strength": 2.691813,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.448621,
        "energy": 7.371848,
        "activity_lines": [
          0.71553,
          0.719333,
          0.721021,
          0.71253
        ]
      },
      {
        "date": "2024-08-02",
        "close": 0.705943,
        "volume": 203302,
        "typical_volume": 336888.9,
        "trend": 0.695941,
        "fair_value": 0.666061,
        "relative_strength": 2.172529,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.852624,
        "energy": 5.292467,
        "activity_lines": [
          0.713206,
          0.715767,
          0.719448,
          0.713389
        ]
      },
      {
        "date": "2024-08-09",
        "close": 0.69287,
        "volume": 250823,
        "typical_volume": 324244.6,
        "trend": 0.69812,
        "fair_value": 0.665763,
        "relative_strength": 2.145527,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.853917,
        "energy": 8.131679,
        "activity_lines": [
          0.705652,
          0.710142,
          0.716639,
          0.713191
        ]
      },
      {
        "date": "2024-08-16",
        "close": 0.697227,
        "volume": 305586,
        "typical_volume": 323387.6,
        "trend": 0.700726,
        "fair_value": 0.665379,
        "relative_strength": 0.162558,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.26179,
        "energy": 17.179741,
        "activity_lines": [
          0.701004,
          0.706418,
          0.714434,
          0.713133
        ]
      },
      {
        "date": "2024-08-23",
        "close": 0.714658,
        "volume": 90689,
        "typical_volume": 310157.75,
        "trend": 0.704192,
        "fair_value": 0.665061,
        "relative_strength": 1.804872,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.383924,
        "energy": 16.542075,
        "activity_lines": [
          0.703909,
          0.70729,
          0.714079,
          0.714032
        ]
      },
      {
        "date": "2024-08-30",
        "close": 0.76695,
        "volume": 436808,
        "typical_volume": 296661.95,
        "trend": 0.709262,
        "fair_value": 0.6651,
        "relative_strength": 8.039178,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.137425,
        "energy": 24.273376,
        "activity_lines": [
          0.725116,
          0.718144,
          0.71887,
          0.718081
        ]
      },
      {
        "date": "2024-09-06",
        "close": 0.753877,
        "volume": 123145,
        "typical_volume": 278322.2,
        "trend": 0.713755,
        "fair_value": 0.665102,
        "relative_strength": 7.04712,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.397398,
        "energy": 46.267101,
        "activity_lines": [
          0.737899,
          0.725354,
          0.722294,
          0.72096
        ]
      },
      {
        "date": "2024-09-13",
        "close": 0.76695,
        "volume": 263191,
        "typical_volume": 276115.15,
        "trend": 0.718263,
        "fair_value": 0.665165,
        "relative_strength": 7.422624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.73896,
        "energy": 65.541173,
        "activity_lines": [
          0.751843,
          0.733832,
          0.726776,
          0.724392
        ]
      },
      {
        "date": "2024-09-20",
        "close": 0.762592,
        "volume": 291726,
        "typical_volume": 263735.65,
        "trend": 0.722345,
        "fair_value": 0.665176,
        "relative_strength": 5.198796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.79765,
        "energy": 68.235302,
        "activity_lines": [
          0.759397,
          0.740566,
          0.730512,
          0.727251
        ]
      },
      {
        "date": "2024-09-27",
        "close": 0.775665,
        "volume": 537320,
        "typical_volume": 276506.85,
        "trend": 0.72574,
        "fair_value": 0.665295,
        "relative_strength": 6.773155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.600064,
        "energy": 73.192039,
        "activity_lines": [
          0.76695,
          0.748965,
          0.73518,
          0.730691
        ]
      },
      {
        "date": "2024-10-04",
        "close": 0.762592,
        "volume": 291439,
        "typical_volume": 276950.2,
        "trend": 0.728278,
        "fair_value": 0.665261,
        "relative_strength": 5.600846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.538244,
        "energy": 63.978575,
        "activity_lines": [
          0.766078,
          0.754115,
          0.738252,
          0.733069
        ]
      },
      {
        "date": "2024-10-11",
        "close": 0.778884,
        "volume": 446660,
        "typical_volume": 286466.35,
        "trend": 0.730657,
        "fair_value": 0.665309,
        "relative_strength": 6.778154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.887408,
        "energy": 51.685644,
        "activity_lines": [
          0.770928,
          0.761197,
          0.742646,
          0.736334
        ]
      },
      {
        "date": "2024-10-18",
        "close": 0.756373,
        "volume": 211268,
        "typical_volume": 278232.0,
        "trend": 0.731443,
        "fair_value": 0.665192,
        "relative_strength": 2.728552,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.521433,
        "energy": 38.173954,
        "activity_lines": [
          0.766607,
          0.76286,
          0.744632,
          0.737993
        ]
      },
      {
        "date": "2024-10-25",
        "close": 0.778884,
        "volume": 53240,
        "typical_volume": 266926.35,
        "trend": 0.732839,
        "fair_value": 0.665265,
        "relative_strength": 6.488172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.891759,
        "energy": 38.86191,
        "activity_lines": [
          0.770494,
          0.767461,
          0.74875,
          0.741054
        ]
      },
      {
        "date": "2024-11-01",
        "close": 0.76988,
        "volume": 82321,
        "typical_volume": 250185.65,
        "trend": 0.733514,
        "fair_value": 0.665328,
        "relative_strength": 6.24699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.556269,
        "energy": 34.297229,
        "activity_lines": [
          0.770294,
          0.76894,
          0.751996,
          0.743444
        ]
      },
      {
        "date": "2024-11-08",
        "close": 0.774382,
        "volume": 173392,
        "typical_volume": 249785.8,
        "trend": 0.73462,
        "fair_value": 0.665396,
        "relative_strength": 4.370958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.162512,
        "energy": 32.733618,
        "activity_lines": [
          0.771981,
          0.770235,
          0.755532,
          0.74608
        ]
      },
      {
        "date": "2024-11-15",
        "close": 0.756373,
        "volume": 577833,
        "typical_volume": 253826.8,
        "trend": 0.736011,
        "fair_value": 0.665372,
        "relative_strength": 1.950119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.915822,
        "energy": 25.298995,
        "activity_lines": [
          0.766878,
          0.768119,
          0.756985,
          0.747484
        ]
      },
      {
        "date": "2024-11-22",
        "close": 0.742866,
        "volume": 327595,
        "typical_volume": 256860.25,
        "trend": 0.737532,
        "fair_value": 0.665332,
        "relative_strength": -1.304912,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.137592,
        "energy": 14.217849,
        "activity_lines": [
          0.758774,
          0.763502,
          0.756849,
          0.747926
        ]
      },
      {
        "date": "2024-11-29",
        "close": 0.747369,
        "volume": 85947,
        "typical_volume": 256950.55,
        "trend": 0.739203,
        "fair_value": 0.665414,
        "relative_strength": -1.329066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.4444,
        "energy": 16.256684,
        "activity_lines": [
          0.753071,
          0.760142,
          0.757008,
          0.74856
        ]
      },
      {
        "date": "2024-12-06",
        "close": 0.747369,
        "volume": 165444,
        "typical_volume": 256527.3,
        "trend": 0.740729,
        "fair_value": 0.665333,
        "relative_strength": -1.244215,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 19.413331,
        "energy": 16.741522,
        "activity_lines": [
          0.74947,
          0.757059,
          0.757053,
          0.749087
        ]
      },
      {
        "date": "2024-12-13",
        "close": 0.733862,
        "volume": 225416,
        "typical_volume": 257157.25,
        "trend": 0.74137,
        "fair_value": 0.665071,
        "relative_strength": -1.787064,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -0.836326,
        "energy": 13.934484,
        "activity_lines": [
          0.742867,
          0.752035,
          0.755717,
          0.748644
        ]
      },
      {
        "date": "2024-12-20",
        "close": 0.72936,
        "volume": 301566,
        "typical_volume": 262070.45,
        "trend": 0.741569,
        "fair_value": 0.66471,
        "relative_strength": 0.164627,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -25.434545,
        "energy": 33.995693,
        "activity_lines": [
          0.737464,
          0.746714,
          0.75382,
          0.747869
        ]
      },
      {
        "date": "2024-12-27",
        "close": 0.751871,
        "volume": 65033,
        "typical_volume": 252780.95,
        "trend": 0.741502,
        "fair_value": 0.664306,
        "relative_strength": 0.595198,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -15.335507,
        "energy": 22.283279,
        "activity_lines": [
          0.741366,
          0.746386,
          0.753956,
          0.748534
        ]
      },
      {
        "date": "2025-01-03",
        "close": 0.733862,
        "volume": 64554,
        "typical_volume": 240729.35,
        "trend": 0.740109,
        "fair_value": 0.663599,
        "relative_strength": -1.846121,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -22.009635,
        "energy": 32.28381,
        "activity_lines": [
          0.738664,
          0.742867,
          0.752095,
          0.748041
        ]
      },
      {
        "date": "2025-01-10",
        "close": 0.760875,
        "volume": 262082,
        "typical_volume": 249299.0,
        "trend": 0.740778,
        "fair_value": 0.663276,
        "relative_strength": 1.059234,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.259709,
        "energy": 14.194325,
        "activity_lines": [
          0.745868,
          0.745077,
          0.752633,
          0.749381
        ]
      },
      {
        "date": "2025-01-17",
        "close": 0.756373,
        "volume": 141994,
        "typical_volume": 234558.3,
        "trend": 0.742749,
        "fair_value": 0.662807,
        "relative_strength": 0.103153,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.104624,
        "energy": 18.055141,
        "activity_lines": [
          0.75067,
          0.746632,
          0.752521,
          0.750387
        ]
      },
      {
        "date": "2025-01-24",
        "close": 0.774382,
        "volume": 230956,
        "typical_volume": 239948.85,
        "trend": 0.745466,
        "fair_value": 0.662617,
        "relative_strength": 1.045265,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.276607,
        "energy": 29.668053,
        "activity_lines": [
          0.759975,
          0.751789,
          0.754175,
          0.752428
        ]
      },
      {
        "date": "2025-01-31",
        "close": 0.765378,
        "volume": 55332,
        "typical_volume": 229555.9,
        "trend": 0.747157,
        "fair_value": 0.66237,
        "relative_strength": -1.778048,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.443552,
        "energy": 37.172077,
        "activity_lines": [
          0.763277,
          0.754982,
          0.754874,
          0.753712
        ]
      },
      {
        "date": "2025-02-07",
        "close": 0.787889,
        "volume": 307535,
        "typical_volume": 230346.35,
        "trend": 0.749308,
        "fair_value": 0.662408,
        "relative_strength": 1.112356,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.417909,
        "energy": 62.391814,
        "activity_lines": [
          0.773182,
          0.761858,
          0.757725,
          0.75634
        ]
      },
      {
        "date": "2025-02-14",
        "close": 0.796893,
        "volume": 106333,
        "typical_volume": 208797.0,
        "trend": 0.751613,
        "fair_value": 0.662643,
        "relative_strength": 1.509993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.690169,
        "energy": 73.894922,
        "activity_lines": [
          0.782486,
          0.769634,
          0.761312,
          0.75941
        ]
      },
      {
        "date": "2025-02-21",
        "close": 0.787889,
        "volume": 560442,
        "typical_volume": 222247.15,
        "trend": 0.754345,
        "fair_value": 0.662915,
        "relative_strength": 3.260667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.948739,
        "energy": 68.477304,
        "activity_lines": [
          0.786388,
          0.774873,
          0.763941,
          0.761751
        ]
      },
      {
        "date": "2025-02-28",
        "close": 0.792391,
        "volume": 120312,
        "typical_volume": 205929.75,
        "trend": 0.757226,
        "fair_value": 0.663099,
        "relative_strength": 5.204682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.060803,
        "energy": 69.909558,
        "activity_lines": [
          0.78969,
          0.779949,
          0.766878,
          0.764205
        ]
      },
      {
        "date": "2025-03-07",
        "close": 0.783386,
        "volume": 164443,
        "typical_volume": 203588.5,
        "trend": 0.760243,
        "fair_value": 0.663108,
        "relative_strength": 6.696245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.475845,
        "energy": 52.445005,
        "activity_lines": [
          0.788789,
          0.78224,
          0.768894,
          0.765893
        ]
      },
      {
        "date": "2025-03-14",
        "close": 0.774382,
        "volume": 193511,
        "typical_volume": 210602.05,
        "trend": 0.762815,
        "fair_value": 0.663082,
        "relative_strength": 7.45555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.650312,
        "energy": 34.036839,
        "activity_lines": [
          0.783687,
          0.782322,
          0.769923,
          0.766805
        ]
      },
      {
        "date": "2025-03-21",
        "close": 0.783386,
        "volume": 163436,
        "typical_volume": 214657.8,
        "trend": 0.765106,
        "fair_value": 0.663208,
        "relative_strength": 6.666449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.444165,
        "energy": 26.368295,
        "activity_lines": [
          0.782486,
          0.783305,
          0.771831,
          0.768132
        ]
      },
      {
        "date": "2025-03-28",
        "close": 0.774382,
        "volume": 196173,
        "typical_volume": 215796.85,
        "trend": 0.765354,
        "fair_value": 0.663206,
        "relative_strength": 4.689201,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.31961,
        "energy": 19.202882,
        "activity_lines": [
          0.779184,
          0.78224,
          0.772817,
          0.768731
        ]
      },
      {
        "date": "2025-04-04",
        "close": 0.774382,
        "volume": 563727,
        "typical_volume": 215091.55,
        "trend": 0.766037,
        "fair_value": 0.66318,
        "relative_strength": 8.876091,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.251045,
        "energy": 18.03077,
        "activity_lines": [
          0.776783,
          0.780849,
          0.773803,
          0.769313
        ]
      },
      {
        "date": "2025-04-11",
        "close": 0.760875,
        "volume": 616728,
        "typical_volume": 229548.2,
        "trend": 0.765835,
        "fair_value": 0.663045,
        "relative_strength": 7.178717,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.448935,
        "energy": 13.45056,
        "activity_lines": [
          0.77108,
          0.777001,
          0.773417,
          0.76898
        ]
      },
      {
        "date": "2025-04-18",
        "close": 0.746448,
        "volume": 285930,
        "typical_volume": 239547.35,
        "trend": 0.765297,
        "fair_value": 0.662816,
        "relative_strength": 2.803659,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.421988,
        "energy": 19.945714,
        "activity_lines": [
          0.762069,
          0.770613,
          0.771571,
          0.767729
        ]
      },
      {
        "date": "2025-04-25",
        "close": 0.723122,
        "volume": 290160,
        "typical_volume": 245783.15,
        "trend": 0.763545,
        "fair_value": 0.662486,
        "relative_strength": -2.246487,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -37.384696,
        "energy": 45.106194,
        "activity_lines": [
          0.747145,
          0.760736,
          0.767509,
          0.765009
        ]
      },
      {
        "date": "2025-05-02",
        "close": 0.760444,
        "volume": 493713,
        "typical_volume": 259198.0,
        "trend": 0.763474,
        "fair_value": 0.662488,
        "relative_strength": -0.586825,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.86198,
        "energy": 32.42577,
        "activity_lines": [
          0.748679,
          0.758987,
          0.767116,
          0.764808
        ]
      },
      {
        "date": "2025-05-09",
        "close": 0.746448,
        "volume": 457650,
        "typical_volume": 267002.2,
        "trend": 0.762393,
        "fair_value": 0.662424,
        "relative_strength": -2.338876,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.904447,
        "energy": 39.388387,
        "activity_lines": [
          0.746477,
          0.755192,
          0.765263,
          0.76371
        ]
      },
      {
        "date": "2025-05-16",
        "close": 0.76511,
        "volume": 428562,
        "typical_volume": 285178.65,
        "trend": 0.762684,
        "fair_value": 0.662699,
        "relative_strength": -1.251965,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.526425,
        "energy": 21.758124,
        "activity_lines": [
          0.752358,
          0.755626,
          0.765107,
          0.763885
        ]
      },
      {
        "date": "2025-05-23",
        "close": 0.76511,
        "volume": 228892,
        "typical_volume": 293395.55,
        "trend": 0.762225,
        "fair_value": 0.663118,
        "relative_strength": -1.412266,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 3.655915,
        "energy": 4.765589,
        "activity_lines": [
          0.757956,
          0.756392,
          0.764887,
          0.764042
        ]
      },
      {
        "date": "2025-05-30",
        "close": 0.755779,
        "volume": 409721,
        "typical_volume": 300777.5,
        "trend": 0.761755,
        "fair_value": 0.663526,
        "relative_strength": -3.300782,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.346624,
        "energy": 5.129327,
        "activity_lines": [
          0.7592,
          0.75563,
          0.76363,
          0.763626
        ]
      },
      {
        "date": "2025-06-06",
        "close": 0.751114,
        "volume": 401304,
        "typical_volume": 313743.0,
        "trend": 0.760979,
        "fair_value": 0.664314,
        "relative_strength": -4.604245,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -6.691823,
        "energy": 6.599759,
        "activity_lines": [
          0.756712,
          0.754521,
          0.761953,
          0.76294
        ]
      },
      {
        "date": "2025-06-13",
        "close": 0.760444,
        "volume": 468611,
        "typical_volume": 325625.75,
        "trend": 0.761115,
        "fair_value": 0.665427,
        "relative_strength": -3.638428,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -3.455266,
        "energy": 3.831635,
        "activity_lines": [
          0.757956,
          0.755532,
          0.76119,
          0.762905
        ]
      },
      {
        "date": "2025-06-20",
        "close": 0.755779,
        "volume": 748354,
        "typical_volume": 360276.85,
        "trend": 0.761545,
        "fair_value": 0.666414,
        "relative_strength": -3.746221,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.687736,
        "energy": 6.22773,
        "activity_lines": [
          0.756712,
          0.755949,
          0.760049,
          0.762561
        ]
      },
      {
        "date": "2025-06-27",
        "close": 0.746448,
        "volume": 487577,
        "typical_volume": 369278.95,
        "trend": 0.761514,
        "fair_value": 0.667485,
        "relative_strength": -5.001449,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -23.923453,
        "energy": 17.570467,
        "activity_lines": [
          0.75298,
          0.754761,
          0.758064,
          0.761587
        ]
      },
      {
        "date": "2025-07-04",
        "close": 0.76511,
        "volume": 615012,
        "typical_volume": 394712.9,
        "trend": 0.762106,
        "fair_value": 0.668604,
        "relative_strength": -3.582721,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.122427,
        "energy": 15.761443,
        "activity_lines": [
          0.756712,
          0.756967,
          0.758055,
          0.761819
        ]
      },
      {
        "date": "2025-07-11",
        "close": 0.779105,
        "volume": 267385,
        "typical_volume": 380060.05,
        "trend": 0.763614,
        "fair_value": 0.669836,
        "relative_strength": -1.555412,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.223159,
        "energy": 9.755385,
        "activity_lines": [
          0.764487,
          0.760953,
          0.75953,
          0.762915
        ]
      },
      {
        "date": "2025-07-18",
        "close": 0.793101,
        "volume": 276620,
        "typical_volume": 387875.45,
        "trend": 0.765739,
        "fair_value": 0.671038,
        "relative_strength": -1.798744,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.520066,
        "energy": 34.574063,
        "activity_lines": [
          0.775062,
          0.767145,
          0.762379,
          0.764818
        ]
      },
      {
        "date": "2025-07-25",
        "close": 0.811763,
        "volume": 385306,
        "typical_volume": 398918.6,
        "trend": 0.767735,
        "fair_value": 0.672287,
        "relative_strength": 1.463086,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.470566,
        "energy": 60.308224,
        "activity_lines": [
          0.78968,
          0.775882,
          0.767002,
          0.767787
        ]
      },
      {
        "date": "2025-08-01",
        "close": 0.811763,
        "volume": 548594,
        "typical_volume": 416672.75,
        "trend": 0.770332,
        "fair_value": 0.673343,
        "relative_strength": 1.418196,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 74.895677,
        "energy": 79.09146,
        "activity_lines": [
          0.800566,
          0.783771,
          0.77149,
          0.770628
        ]
      },
      {
        "date": "2025-08-08",
        "close": 0.811763,
        "volume": 376730,
        "typical_volume": 427337.45,
        "trend": 0.772028,
        "fair_value": 0.674279,
        "relative_strength": -0.316746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.162691,
        "energy": 80.693985,
        "activity_lines": [
          0.807098,
          0.790811,
          0.775801,
          0.773301
        ]
      },
      {
        "date": "2025-08-15",
        "close": 0.816428,
        "volume": 235185,
        "typical_volume": 429288.05,
        "trend": 0.77403,
        "fair_value": 0.675196,
        "relative_strength": -1.298209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.452254,
        "energy": 82.059767,
        "activity_lines": [
          0.812074,
          0.797682,
          0.78042,
          0.776165
        ]
      },
      {
        "date": "2025-08-22",
        "close": 0.825758,
        "volume": 686123,
        "typical_volume": 435407.85,
        "trend": 0.775742,
        "fair_value": 0.676028,
        "relative_strength": -0.553264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.329661,
        "energy": 80.399141,
        "activity_lines": [
          0.817672,
          0.805062,
          0.785728,
          0.779502
        ]
      },
      {
        "date": "2025-08-29",
        "close": 0.849085,
        "volume": 431317,
        "typical_volume": 426137.3,
        "trend": 0.778533,
        "fair_value": 0.677131,
        "relative_strength": 2.194355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.616539,
        "energy": 84.797688,
        "activity_lines": [
          0.828869,
          0.815495,
          0.793013,
          0.784234
        ]
      },
      {
        "date": "2025-09-05",
        "close": 0.839754,
        "volume": 317501,
        "typical_volume": 427715.85,
        "trend": 0.780261,
        "fair_value": 0.678173,
        "relative_strength": 2.219862,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.087845,
        "energy": 79.222553,
        "activity_lines": [
          0.834467,
          0.822535,
          0.798989,
          0.788184
        ]
      },
      {
        "date": "2025-09-12",
        "close": 0.872411,
        "volume": 481530,
        "typical_volume": 437284.35,
        "trend": 0.782779,
        "fair_value": 0.679401,
        "relative_strength": 6.188381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.379149,
        "energy": 88.087375,
        "activity_lines": [
          0.849085,
          0.833817,
          0.80763,
          0.794129
        ]
      },
      {
        "date": "2025-09-19",
        "close": 0.914399,
        "volume": 660855,
        "typical_volume": 445641.45,
        "trend": 0.786996,
        "fair_value": 0.681019,
        "relative_strength": 12.194773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.502285,
        "energy": 94.839057,
        "activity_lines": [
          0.873655,
          0.850781,
          0.81956,
          0.802621
        ]
      },
      {
        "date": "2025-09-26",
        "close": 0.914399,
        "volume": 352902,
        "typical_volume": 440404.05,
        "trend": 0.791063,
        "fair_value": 0.682685,
        "relative_strength": 11.791267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.177732,
        "energy": 91.671873,
        "activity_lines": [
          0.891694,
          0.865286,
          0.830757,
          0.81084
        ]
      },
      {
        "date": "2025-10-03",
        "close": 0.93306,
        "volume": 361767,
        "typical_volume": 437064.3,
        "trend": 0.796052,
        "fair_value": 0.684518,
        "relative_strength": 11.302313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.77032,
        "energy": 93.603585,
        "activity_lines": [
          0.910045,
          0.880978,
          0.842931,
          0.820001
        ]
      },
      {
        "date": "2025-10-10",
        "close": 0.951722,
        "volume": 422774,
        "typical_volume": 446758.4,
        "trend": 0.801963,
        "fair_value": 0.686496,
        "relative_strength": 13.629688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.436839,
        "energy": 93.696656,
        "activity_lines": [
          0.929017,
          0.897858,
          0.856083,
          0.830045
        ]
      },
      {
        "date": "2025-10-17",
        "close": 0.942391,
        "volume": 695972,
        "typical_volume": 461070.95,
        "trend": 0.807263,
        "fair_value": 0.688541,
        "relative_strength": 11.743666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.195576,
        "energy": 86.640802,
        "activity_lines": [
          0.937415,
          0.910497,
          0.867457,
          0.839105
        ]
      },
      {
        "date": "2025-10-24",
        "close": 0.965717,
        "volume": 601428,
        "typical_volume": 471077.15,
        "trend": 0.813641,
        "fair_value": 0.690785,
        "relative_strength": 13.923059,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.748937,
        "energy": 83.708872,
        "activity_lines": [
          0.948922,
          0.925002,
          0.880165,
          0.849327
        ]
      },
      {
        "date": "2025-10-31",
        "close": 0.975048,
        "volume": 632118,
        "typical_volume": 479252.5,
        "trend": 0.82033,
        "fair_value": 0.693239,
        "relative_strength": 16.443063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.129603,
        "energy": 71.131664,
        "activity_lines": [
          0.960119,
          0.938489,
          0.892739,
          0.859741
        ]
      },
      {
        "date": "2025-11-07",
        "close": 0.951722,
        "volume": 393935,
        "typical_volume": 461531.55,
        "trend": 0.826692,
        "fair_value": 0.695443,
        "relative_strength": 14.75645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.078509,
        "energy": 65.584121,
        "activity_lines": [
          0.959497,
          0.94502,
          0.902069,
          0.868218
        ]
      },
      {
        "date": "2025-11-14",
        "close": 0.979713,
        "volume": 789747,
        "typical_volume": 476640.05,
        "trend": 0.834467,
        "fair_value": 0.697727,
        "relative_strength": 19.442706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.02021,
        "energy": 67.891414,
        "activity_lines": [
          0.966961,
          0.954775,
          0.913133,
          0.87809
        ]
      },
      {
        "date": "2025-11-21",
        "close": 0.945798,
        "volume": 875200,
        "typical_volume": 489649.45,
        "trend": 0.84189,
        "fair_value": 0.699794,
        "relative_strength": 17.725636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.781387,
        "energy": 59.166367,
        "activity_lines": [
          0.961255,
          0.955819,
          0.919855,
          0.885273
        ]
      },
      {
        "date": "2025-11-28",
        "close": 0.969803,
        "volume": 297417,
        "typical_volume": 491151.05,
        "trend": 0.848868,
        "fair_value": 0.702264,
        "relative_strength": 17.377172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.911052,
        "energy": 54.482131,
        "activity_lines": [
          0.963323,
          0.959893,
          0.928004,
          0.893525
        ]
      },
      {
        "date": "2025-12-05",
        "close": 0.974605,
        "volume": 229012,
        "typical_volume": 488770.65,
        "trend": 0.856473,
        "fair_value": 0.704765,
        "relative_strength": 17.111955,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.057189,
        "energy": 52.661917,
        "activity_lines": [
          0.966719,
          0.963832,
          0.935701,
          0.901637
        ]
      },
      {
        "date": "2025-12-12",
        "close": 0.945798,
        "volume": 376566,
        "typical_volume": 488333.65,
        "trend": 0.862496,
        "fair_value": 0.707007,
        "relative_strength": 12.376207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.021524,
        "energy": 37.314683,
        "activity_lines": [
          0.960542,
          0.961439,
          0.939791,
          0.9074
        ]
      },
      {
        "date": "2025-12-19",
        "close": 0.940997,
        "volume": 290906,
        "typical_volume": 475449.25,
        "trend": 0.868359,
        "fair_value": 0.709292,
        "relative_strength": 12.371712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.698957,
        "energy": 33.342061,
        "activity_lines": [
          0.95316,
          0.957942,
          0.942786,
          0.912465
        ]
      },
      {
        "date": "2025-12-26",
        "close": 0.950599,
        "volume": 142822,
        "typical_volume": 463753.85,
        "trend": 0.874853,
        "fair_value": 0.711639,
        "relative_strength": 11.30273,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.8374,
        "energy": 28.127431,
        "activity_lines": [
          0.951559,
          0.956386,
          0.946079,
          0.91777
        ]
      },
      {
        "date": "2026-01-02",
        "close": 0.960201,
        "volume": 138709,
        "typical_volume": 458930.05,
        "trend": 0.881823,
        "fair_value": 0.713948,
        "relative_strength": 12.409279,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.50846,
        "energy": 25.448146,
        "activity_lines": [
          0.95284,
          0.956426,
          0.949626,
          0.923277
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1.032217,
        "volume": 1566286,
        "typical_volume": 502938.2,
        "trend": 0.890882,
        "fair_value": 0.716769,
        "relative_strength": 20.348107,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 78.551302,
        "energy": 48.877296,
        "activity_lines": [
          0.978765,
          0.96966,
          0.959346,
          0.93298
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1.051421,
        "volume": 616907,
        "typical_volume": 512217.7,
        "trend": 0.900737,
        "fair_value": 0.719662,
        "relative_strength": 19.393195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.299727,
        "energy": 74.255635,
        "activity_lines": [
          1.007251,
          0.985347,
          0.969913,
          0.943337
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1.04662,
        "volume": 486072,
        "typical_volume": 520646.25,
        "trend": 0.910742,
        "fair_value": 0.722625,
        "relative_strength": 18.833963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.453629,
        "energy": 80.942472,
        "activity_lines": [
          1.027096,
          0.998348,
          0.979059,
          0.952749
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1.051421,
        "volume": 1521784,
        "typical_volume": 572658.95,
        "trend": 0.920286,
        "fair_value": 0.725468,
        "relative_strength": 18.596125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.793065,
        "energy": 83.360628,
        "activity_lines": [
          1.041499,
          1.011005,
          0.987677,
          0.961825
        ]
      },
      {
        "date": "2026-02-06",
        "close": 0.979405,
        "volume": 1916221,
        "typical_volume": 635427.25,
        "trend": 0.926963,
        "fair_value": 0.7279,
        "relative_strength": 12.077513,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.351058,
        "energy": 56.557715,
        "activity_lines": [
          1.025175,
          1.008648,
          0.988584,
          0.965639
        ]
      },
      {
        "date": "2026-02-13",
        "close": 0.974605,
        "volume": 867027,
        "typical_volume": 661133.5,
        "trend": 0.933013,
        "fair_value": 0.730052,
        "relative_strength": 8.580805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.605529,
        "energy": 35.489902,
        "activity_lines": [
          1.005971,
          1.005244,
          0.988724,
          0.968713
        ]
      },
      {
        "date": "2026-02-20",
        "close": 0.984206,
        "volume": 507090,
        "typical_volume": 668399.65,
        "trend": 0.938761,
        "fair_value": 0.732389,
        "relative_strength": 7.397608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.579946,
        "energy": 19.39928,
        "activity_lines": [
          0.993808,
          1.003585,
          0.989492,
          0.972015
        ]
      },
      {
        "date": "2026-02-27",
        "close": 0.989008,
        "volume": 651730,
        "typical_volume": 679847.45,
        "trend": 0.944669,
        "fair_value": 0.734858,
        "relative_strength": 6.332636,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.697826,
        "energy": 23.641755,
        "activity_lines": [
          0.987727,
          1.002101,
          0.990473,
          0.975257
        ]
      },
      {
        "date": "2026-03-06",
        "close": 0.950599,
        "volume": 5298972,
        "typical_volume": 909997.45,
        "trend": 0.949297,
        "fair_value": 0.737005,
        "relative_strength": 6.038616,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.82797,
        "energy": 17.334205,
        "activity_lines": [
          0.972684,
          0.992761,
          0.98762,
          0.97564
        ]
      },
      {
        "date": "2026-03-13",
        "close": 0.945798,
        "volume": 1892519,
        "typical_volume": 974552.0,
        "trend": 0.953609,
        "fair_value": 0.739172,
        "relative_strength": 8.154334,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.566125,
        "energy": 15.150773,
        "activity_lines": [
          0.962762,
          0.982548,
          0.984269,
          0.975414
        ]
      },
      {
        "date": "2026-03-20",
        "close": 0.912191,
        "volume": 798691,
        "typical_volume": 982880.65,
        "trend": 0.95649,
        "fair_value": 0.741123,
        "relative_strength": 6.455916,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -34.274547,
        "energy": 37.608043,
        "activity_lines": [
          0.943878,
          0.966486,
          0.977813,
          0.972742
        ]
      },
      {
        "date": "2026-03-27",
        "close": 0.883385,
        "volume": 2187776,
        "typical_volume": 1072572.7,
        "trend": 0.957634,
        "fair_value": 0.742864,
        "relative_strength": 1.900696,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.141676,
        "energy": 57.064343,
        "activity_lines": [
          0.919553,
          0.947369,
          0.968913,
          0.968025
        ]
      },
      {
        "date": "2026-04-03",
        "close": 0.888186,
        "volume": 1323196,
        "typical_volume": 1099245.15,
        "trend": 0.959248,
        "fair_value": 0.744587,
        "relative_strength": 1.651142,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.16695,
        "energy": 62.727358,
        "activity_lines": [
          0.903549,
          0.932181,
          0.960796,
          0.963545
        ]
      },
      {
        "date": "2026-04-10",
        "close": 0.945798,
        "volume": 1791469,
        "typical_volume": 1145058.6,
        "trend": 0.961694,
        "fair_value": 0.746758,
        "relative_strength": 3.522853,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.626693,
        "energy": 53.851862,
        "activity_lines": [
          0.913471,
          0.930348,
          0.958601,
          0.962677
        ]
      },
      {
        "date": "2026-04-17",
        "close": 0.9554,
        "volume": 1645466,
        "typical_volume": 1212461.05,
        "trend": 0.963061,
        "fair_value": 0.749018,
        "relative_strength": 4.510807,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -56.107284,
        "energy": 37.521878,
        "activity_lines": [
          0.926914,
          0.932181,
          0.957321,
          0.962271
        ]
      },
      {
        "date": "2026-04-24",
        "close": 0.979405,
        "volume": 1389993,
        "typical_volume": 1270510.1,
        "trend": 0.965228,
        "fair_value": 0.751457,
        "relative_strength": 8.66882,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -27.535327,
        "energy": 14.932167,
        "activity_lines": [
          0.947718,
          0.938815,
          0.958395,
          0.963325
        ]
      },
      {
        "date": "2026-05-01",
        "close": 0.984206,
        "volume": 1612652,
        "typical_volume": 1332314.4,
        "trend": 0.966933,
        "fair_value": 0.753979,
        "relative_strength": 9.491366,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.606275,
        "energy": 20.217122,
        "activity_lines": [
          0.965642,
          0.946234,
          0.959904,
          0.96455
        ]
      },
      {
        "date": "2026-05-08",
        "close": 0.998609,
        "volume": 1872053,
        "typical_volume": 1411371.75,
        "trend": 0.968496,
        "fair_value": 0.756748,
        "relative_strength": 10.423237,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.901275,
        "energy": 25.907303,
        "activity_lines": [
          0.981645,
          0.956273,
          0.962602,
          0.966593
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1.000288,
        "volume": 1834190,
        "typical_volume": 1495940.15,
        "trend": 0.970426,
        "fair_value": 0.759477,
        "relative_strength": 11.562764,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.844613,
        "energy": 30.741837,
        "activity_lines": [
          0.990847,
          0.966442,
          0.965185,
          0.968645
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1.000288,
        "volume": 591412,
        "typical_volume": 1518575.3,
        "trend": 0.971578,
        "fair_value": 0.762257,
        "relative_strength": 10.732421,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.44031,
        "energy": 37.81122,
        "activity_lines": [
          0.996416,
          0.975708,
          0.967532,
          0.970571
        ]
      },
      {
        "date": "2026-05-29",
        "close": 0.985433,
        "volume": 983005,
        "typical_volume": 1489411.25,
        "trend": 0.971924,
        "fair_value": 0.764943,
        "relative_strength": 7.693193,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.139253,
        "energy": 34.497239,
        "activity_lines": [
          0.99404,
          0.981282,
          0.968273,
          0.971465
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.00524,
        "volume": 77022,
        "typical_volume": 1462417.0,
        "trend": 0.973708,
        "fair_value": 0.767807,
        "relative_strength": 10.640078,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.522237,
        "energy": 30.242807,
        "activity_lines": [
          0.997865,
          0.989126,
          0.971123,
          0.973614
        ]
      },
      {
        "date": "2026-06-12",
        "close": 0.995337,
        "volume": 290299,
        "typical_volume": 1452628.35,
        "trend": 0.974229,
        "fair_value": 0.770711,
        "relative_strength": 6.85415,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.678787,
        "energy": 26.367967,
        "activity_lines": [
          0.996987,
          0.992953,
          0.97325,
          0.97501
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.025,
        "volume": 328910,
        "typical_volume": 1392984.65,
        "trend": 0.976869,
        "fair_value": 0.773858,
        "relative_strength": 9.190122,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 68.44692,
        "energy": 44.736446,
        "activity_lines": [
          1.006215,
          1.000226,
          0.978446,
          0.978285
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1.02,
        "volume": 85421,
        "typical_volume": 1301444.65,
        "trend": 0.978542,
        "fair_value": 0.776946,
        "relative_strength": 8.891687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.05826,
        "energy": 57.989297,
        "activity_lines": [
          1.012128,
          1.005149,
          0.983291,
          0.981068
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1.045,
        "volume": 128659,
        "typical_volume": 1264526.25,
        "trend": 0.980889,
        "fair_value": 0.780065,
        "relative_strength": 9.970829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.929175,
        "energy": 73.829381,
        "activity_lines": [
          1.025061,
          1.013444,
          0.990325,
          0.985356
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1.09,
        "volume": 1768845,
        "typical_volume": 1327614.0,
        "trend": 0.985695,
        "fair_value": 0.783447,
        "relative_strength": 14.530628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.253032,
        "energy": 93.272759,
        "activity_lines": [
          1.049022,
          1.028727,
          1.001309,
          0.992395
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.18,
        "volume": 5437706,
        "typical_volume": 1566912.8,
        "trend": 0.993662,
        "fair_value": 0.787379,
        "relative_strength": 23.16338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 97.233968,
        "energy": 98.233377,
        "activity_lines": [
          1.097333,
          1.058451,
          1.02036,
          1.004931
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.14,
        "volume": 2803675,
        "typical_volume": 1442147.95,
        "trend": 0.999976,
        "fair_value": 0.790977,
        "relative_strength": 18.559581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.982785,
        "energy": 93.602685,
        "activity_lines": [
          1.12,
          1.077604,
          1.034693,
          1.014372
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.14,
        "volume": 3060473,
        "typical_volume": 1500545.65,
        "trend": 1.005969,
        "fair_value": 0.794602,
        "relative_strength": 15.186158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.97609,
        "energy": 90.079717,
        "activity_lines": [
          1.135,
          1.094217,
          1.048124,
          1.023406
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.05,
        "volume": 4328729,
        "typical_volume": 1677047.55,
        "trend": 1.006562,
        "fair_value": 0.797701,
        "relative_strength": 2.429573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.609217,
        "energy": 62.376182,
        "activity_lines": [
          1.112,
          1.091926,
          1.052058,
          1.026247
        ]
      }
    ],
    "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."
    }
  }
}