{
  "ticker": {
    "uuid": "11d3e7df-b517-4162-8e01-c96117d338b8",
    "symbol": "CSPI",
    "name": "CSP Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -55.166,
    "architecture_energy": 40.683,
    "architecture_maturity": 20.662,
    "architecture_confidence": 93.268,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 23.43,
        "rotation_up": 16.27,
        "upward_expansion": 5.67,
        "deceleration": 45.83,
        "rotation_down": 56.62,
        "downward_expansion": 79.01
      },
      "activity_lines": [
        8.084,
        8.216,
        8.614297,
        8.761022
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 8.15,
    "trend_reference": 9.139606,
    "distance_from_trend": -0.108277,
    "trend_direction": "Weakening",
    "fair_value": 12.590521,
    "distance_from_fair_value": -0.352688,
    "fair_value_direction": "Weakening",
    "relative_strength": -32.058622,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.241209,
    "excess_performance": -0.428663,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.108277,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.120875,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.352688,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.091654,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.320586,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.009875,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.241209,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.589168,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 42773,
      "relative_activity": 0.325542,
      "balance": 0.589168,
      "dry_up": 0.462382,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.126012,
      "annualized_volatility": 0.41227,
      "from_high_reference": -0.451904,
      "from_low_reference": 0.09396
    },
    "levels": {
      "trend_reference": 9.139606,
      "fair_value_reference": 12.590521,
      "structural_low": 7.45,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 21,
        "median_return": 0.015187,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.004347,
        "regime_survival": 0.761905,
        "best_return": 0.322188,
        "worst_return": -0.141229,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.186297,
        "positive_rate": 0.625,
        "directional_follow_through": 0.375,
        "median_excess_return": 0.094339,
        "regime_survival": 0.375,
        "best_return": 0.506334,
        "worst_return": -0.190752,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.236144,
        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.260512,
        "regime_survival": 0.2,
        "best_return": 0.722231,
        "worst_return": -0.205033,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.081828,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.110704,
        "regime_survival": 0.333333,
        "best_return": 1.826279,
        "worst_return": -0.178185,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-13",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": 0.049593,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-11-22",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.022701,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-03-14",
        "tenure": "Established",
        "return": 0.080504,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.203769,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.124402,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": -0.21471,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-13",
        "end": "2025-09-26",
        "tenure": "Established",
        "return": 0.06262,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-12-19",
        "tenure": "Developing",
        "return": 0.11657,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-26",
        "end": "2026-01-09",
        "tenure": "New",
        "return": -0.103766,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-16",
        "end": "2026-02-06",
        "tenure": "New",
        "return": -0.067299,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-13",
        "end": "2026-02-20",
        "tenure": "New",
        "return": -0.076065,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-27",
        "end": "2026-05-22",
        "tenure": "Established",
        "return": 0.088917,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": -0.186047,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.009721,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 7.263118,
        "volume": 54796,
        "typical_volume": 42029.45,
        "trend": 6.012505,
        "fair_value": 4.539523,
        "relative_strength": 22.23588,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 72.222399,
        "energy": 53.079306,
        "activity_lines": [
          6.596056,
          6.249104,
          6.159458,
          6.135334
        ]
      },
      {
        "date": "2023-08-25",
        "close": 6.880492,
        "volume": 43870,
        "typical_volume": 42395.2,
        "trend": 6.066521,
        "fair_value": 4.554406,
        "relative_strength": 13.101164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.892596,
        "energy": 62.200622,
        "activity_lines": [
          6.774591,
          6.37764,
          6.223972,
          6.191334
        ]
      },
      {
        "date": "2023-09-01",
        "close": 7.80765,
        "volume": 151726,
        "typical_volume": 46684.35,
        "trend": 6.148622,
        "fair_value": 4.577098,
        "relative_strength": 22.635848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.760403,
        "energy": 79.044928,
        "activity_lines": [
          7.171997,
          6.671213,
          6.376815,
          6.303664
        ]
      },
      {
        "date": "2023-09-08",
        "close": 9.417978,
        "volume": 251683,
        "typical_volume": 58338.35,
        "trend": 6.286012,
        "fair_value": 4.610806,
        "relative_strength": 47.792478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.269994,
        "energy": 91.414799,
        "activity_lines": [
          7.994736,
          7.236379,
          6.679814,
          6.514591
        ]
      },
      {
        "date": "2023-09-15",
        "close": 10.686721,
        "volume": 176484,
        "typical_volume": 66187.65,
        "trend": 6.452151,
        "fair_value": 4.651938,
        "relative_strength": 65.768005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.394234,
        "energy": 97.756555,
        "activity_lines": [
          9.036838,
          7.966361,
          7.091662,
          6.798507
        ]
      },
      {
        "date": "2023-09-22",
        "close": 8.329787,
        "volume": 376503,
        "typical_volume": 82258.4,
        "trend": 6.547784,
        "fair_value": 4.677615,
        "relative_strength": 32.301137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.268074,
        "energy": 79.638384,
        "activity_lines": [
          9.009703,
          8.176355,
          7.25771,
          6.919645
        ]
      },
      {
        "date": "2023-09-29",
        "close": 8.539617,
        "volume": 87892,
        "typical_volume": 84029.3,
        "trend": 6.654291,
        "fair_value": 4.706031,
        "relative_strength": 33.919637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.486956,
        "energy": 72.030797,
        "activity_lines": [
          8.9814,
          8.368157,
          7.433175,
          7.048151
        ]
      },
      {
        "date": "2023-10-06",
        "close": 8.339546,
        "volume": 73769,
        "typical_volume": 84972.2,
        "trend": 6.746367,
        "fair_value": 4.733453,
        "relative_strength": 27.141278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.268823,
        "energy": 49.580866,
        "activity_lines": [
          8.775799,
          8.468821,
          7.573851,
          7.156877
        ]
      },
      {
        "date": "2023-10-13",
        "close": 9.710765,
        "volume": 89025,
        "typical_volume": 86195.85,
        "trend": 6.877687,
        "fair_value": 4.770022,
        "relative_strength": 45.75975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.168843,
        "energy": 45.715036,
        "activity_lines": [
          8.99181,
          8.778734,
          7.832081,
          7.348128
        ]
      },
      {
        "date": "2023-10-20",
        "close": 8.808005,
        "volume": 149338,
        "typical_volume": 92207.1,
        "trend": 6.972448,
        "fair_value": 4.802699,
        "relative_strength": 34.555989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.999571,
        "energy": 36.922755,
        "activity_lines": [
          8.887383,
          8.863671,
          7.986384,
          7.472665
        ]
      },
      {
        "date": "2023-10-27",
        "close": 8.734808,
        "volume": 46184,
        "typical_volume": 93175.9,
        "trend": 7.043915,
        "fair_value": 4.836861,
        "relative_strength": 35.288228,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.473237,
        "energy": 31.068674,
        "activity_lines": [
          8.883804,
          8.892115,
          8.120575,
          7.586366
        ]
      },
      {
        "date": "2023-11-03",
        "close": 10.02795,
        "volume": 79779,
        "typical_volume": 94844.35,
        "trend": 7.148626,
        "fair_value": 4.879067,
        "relative_strength": 43.817858,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.589765,
        "energy": 43.095679,
        "activity_lines": [
          9.284272,
          9.128917,
          8.366138,
          7.778884
        ]
      },
      {
        "date": "2023-11-10",
        "close": 11.711475,
        "volume": 104975,
        "typical_volume": 98679.3,
        "trend": 7.30121,
        "fair_value": 4.930278,
        "relative_strength": 60.333555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.744405,
        "energy": 51.588939,
        "activity_lines": [
          10.146692,
          9.614589,
          8.756122,
          8.073261
        ]
      },
      {
        "date": "2023-11-17",
        "close": 11.711475,
        "volume": 57340,
        "typical_volume": 99570.95,
        "trend": 7.461554,
        "fair_value": 4.980689,
        "relative_strength": 54.496121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.71867,
        "energy": 69.566195,
        "activity_lines": [
          10.784316,
          10.029281,
          9.121966,
          8.357794
        ]
      },
      {
        "date": "2023-11-24",
        "close": 12.26777,
        "volume": 73592,
        "typical_volume": 101379.35,
        "trend": 7.663557,
        "fair_value": 5.034512,
        "relative_strength": 57.6536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.597705,
        "energy": 77.564861,
        "activity_lines": [
          11.473992,
          10.503418,
          9.512618,
          8.667873
        ]
      },
      {
        "date": "2023-12-01",
        "close": 13.516994,
        "volume": 96881,
        "typical_volume": 103766.9,
        "trend": 7.910435,
        "fair_value": 5.097482,
        "relative_strength": 70.108112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.795045,
        "energy": 83.840204,
        "activity_lines": [
          12.349425,
          11.175941,
          9.990764,
          9.045514
        ]
      },
      {
        "date": "2023-12-08",
        "close": 10.979508,
        "volume": 148061,
        "typical_volume": 109742.65,
        "trend": 8.101909,
        "fair_value": 5.143478,
        "relative_strength": 35.84693,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.788891,
        "energy": 64.070844,
        "activity_lines": [
          12.060217,
          11.29279,
          10.187786,
          9.243519
        ]
      },
      {
        "date": "2023-12-15",
        "close": 8.149235,
        "volume": 450874,
        "typical_volume": 130942.85,
        "trend": 8.186836,
        "fair_value": 5.172655,
        "relative_strength": -2.835731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.890334,
        "energy": 27.300719,
        "activity_lines": [
          10.764147,
          10.850682,
          10.089298,
          9.246572
        ]
      },
      {
        "date": "2023-12-22",
        "close": 9.930403,
        "volume": 76714,
        "typical_volume": 133428.8,
        "trend": 8.319803,
        "fair_value": 5.212341,
        "relative_strength": 16.518452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.237738,
        "energy": 21.156881,
        "activity_lines": [
          10.299282,
          10.735882,
          10.150858,
          9.35906
        ]
      },
      {
        "date": "2023-12-29",
        "close": 9.529471,
        "volume": 72760,
        "typical_volume": 133112.3,
        "trend": 8.435838,
        "fair_value": 5.249627,
        "relative_strength": 10.829624,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.176295,
        "energy": 24.924495,
        "activity_lines": [
          9.819512,
          10.544193,
          10.157254,
          9.437103
        ]
      },
      {
        "date": "2024-01-05",
        "close": 8.898736,
        "volume": 96697,
        "typical_volume": 135207.35,
        "trend": 8.523793,
        "fair_value": 5.27899,
        "relative_strength": 6.373373,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.787827,
        "energy": 22.602464,
        "activity_lines": [
          9.31205,
          10.224707,
          10.088835,
          9.466968
        ]
      },
      {
        "date": "2024-01-12",
        "close": 10.184653,
        "volume": 159048,
        "typical_volume": 140966.25,
        "trend": 8.640419,
        "fair_value": 5.309084,
        "relative_strength": 17.224216,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.142631,
        "energy": 17.185032,
        "activity_lines": [
          9.541111,
          10.136044,
          10.135095,
          9.57412
        ]
      },
      {
        "date": "2024-01-19",
        "close": 11.054969,
        "volume": 103461,
        "typical_volume": 138553.0,
        "trend": 8.787516,
        "fair_value": 5.345156,
        "relative_strength": 22.912229,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.401987,
        "energy": 13.820676,
        "activity_lines": [
          10.113267,
          10.20277,
          10.248509,
          9.729897
        ]
      },
      {
        "date": "2024-01-26",
        "close": 12.081746,
        "volume": 399480,
        "typical_volume": 145942.85,
        "trend": 8.997061,
        "fair_value": 5.391975,
        "relative_strength": 32.228807,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.254784,
        "energy": 31.713125,
        "activity_lines": [
          10.833967,
          10.46812,
          10.444247,
          9.942428
        ]
      },
      {
        "date": "2024-02-02",
        "close": 11.245656,
        "volume": 151381,
        "typical_volume": 144687.7,
        "trend": 9.183359,
        "fair_value": 5.431579,
        "relative_strength": 20.656853,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.994804,
        "energy": 37.303433,
        "activity_lines": [
          11.132548,
          10.574722,
          10.547673,
          10.087499
        ]
      },
      {
        "date": "2024-02-09",
        "close": 11.944842,
        "volume": 134398,
        "typical_volume": 132582.45,
        "trend": 9.407156,
        "fair_value": 5.477328,
        "relative_strength": 24.747852,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 59.632638,
        "energy": 54.562658,
        "activity_lines": [
          11.549778,
          10.827032,
          10.715027,
          10.265659
        ]
      },
      {
        "date": "2024-02-16",
        "close": 16.086177,
        "volume": 759331,
        "typical_volume": 166154.4,
        "trend": 9.759103,
        "fair_value": 5.552149,
        "relative_strength": 67.831825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.467538,
        "energy": 77.070027,
        "activity_lines": [
          13.144379,
          11.860896,
          11.259579,
          10.696564
        ]
      },
      {
        "date": "2024-02-23",
        "close": 22.867797,
        "volume": 921019,
        "typical_volume": 208516.9,
        "trend": 10.31683,
        "fair_value": 5.672905,
        "relative_strength": 128.576169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.725795,
        "energy": 89.148157,
        "activity_lines": [
          16.606085,
          14.034934,
          12.414064,
          11.542286
        ]
      },
      {
        "date": "2024-03-01",
        "close": 27.361084,
        "volume": 1066334,
        "typical_volume": 257382.35,
        "trend": 11.016709,
        "fair_value": 5.823664,
        "relative_strength": 158.635808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.474616,
        "energy": 97.704359,
        "activity_lines": [
          20.778032,
          16.758323,
          13.927298,
          12.641915
        ]
      },
      {
        "date": "2024-03-08",
        "close": 17.503262,
        "volume": 512557,
        "typical_volume": 275543.3,
        "trend": 11.385723,
        "fair_value": 5.909386,
        "relative_strength": 65.205509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.901097,
        "energy": 82.978287,
        "activity_lines": [
          20.645416,
          17.372459,
          14.417643,
          13.060402
        ]
      },
      {
        "date": "2024-03-15",
        "close": 20.146372,
        "volume": 420363,
        "typical_volume": 294252.25,
        "trend": 11.815165,
        "fair_value": 6.011218,
        "relative_strength": 88.276884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.327209,
        "energy": 79.427287,
        "activity_lines": [
          20.976662,
          18.322183,
          15.118307,
          13.625606
        ]
      },
      {
        "date": "2024-03-22",
        "close": 20.303001,
        "volume": 577326,
        "typical_volume": 319129.6,
        "trend": 12.262582,
        "fair_value": 6.116857,
        "relative_strength": 80.523725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.165231,
        "energy": 55.16595,
        "activity_lines": [
          20.81335,
          19.095882,
          15.779547,
          14.173208
        ]
      },
      {
        "date": "2024-03-29",
        "close": 18.071041,
        "volume": 380204,
        "typical_volume": 332891.05,
        "trend": 12.604695,
        "fair_value": 6.205849,
        "relative_strength": 59.103998,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.36054,
        "energy": 37.598407,
        "activity_lines": [
          19.624929,
          19.2798,
          16.179291,
          14.547947
        ]
      },
      {
        "date": "2024-04-05",
        "close": 18.462613,
        "volume": 369178,
        "typical_volume": 348482.95,
        "trend": 12.906183,
        "fair_value": 6.297411,
        "relative_strength": 61.416559,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.879229,
        "energy": 29.914267,
        "activity_lines": [
          18.886816,
          19.407348,
          16.586044,
          14.925877
        ]
      },
      {
        "date": "2024-04-12",
        "close": 16.964851,
        "volume": 696200,
        "typical_volume": 379613.35,
        "trend": 13.115454,
        "fair_value": 6.378481,
        "relative_strength": 47.302835,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.730762,
        "energy": 22.292163,
        "activity_lines": [
          18.24268,
          19.14656,
          16.818004,
          15.187727
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.949748,
        "volume": 481458,
        "typical_volume": 398842.2,
        "trend": 13.302786,
        "fair_value": 6.438713,
        "relative_strength": 26.936011,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.2824,
        "energy": 17.667624,
        "activity_lines": [
          16.629404,
          18.233587,
          16.740445,
          15.241552
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.244918,
        "volume": 458911,
        "typical_volume": 414384.7,
        "trend": 13.459629,
        "fair_value": 6.495967,
        "relative_strength": 15.002645,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.111899,
        "energy": 15.845452,
        "activity_lines": [
          15.194293,
          17.156009,
          16.593698,
          15.237819
        ]
      },
      {
        "date": "2024-05-03",
        "close": 12.637982,
        "volume": 632645,
        "typical_volume": 423473.25,
        "trend": 13.60291,
        "fair_value": 6.550347,
        "relative_strength": 7.830207,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.836388,
        "energy": 15.912571,
        "activity_lines": [
          14.027409,
          16.019739,
          16.378361,
          15.18481
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.303654,
        "volume": 600127,
        "typical_volume": 449643.9,
        "trend": 13.722673,
        "fair_value": 6.603759,
        "relative_strength": 10.722155,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.879633,
        "energy": 23.538246,
        "activity_lines": [
          13.44462,
          15.190496,
          16.205045,
          15.165503
        ]
      },
      {
        "date": "2024-05-17",
        "close": 14.037851,
        "volume": 354585,
        "typical_volume": 463735.15,
        "trend": 13.897001,
        "fair_value": 6.660185,
        "relative_strength": 13.177614,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.159498,
        "energy": 21.556973,
        "activity_lines": [
          13.450493,
          14.750334,
          16.08559,
          15.185837
        ]
      },
      {
        "date": "2024-05-24",
        "close": 14.508786,
        "volume": 290617,
        "typical_volume": 473431.15,
        "trend": 14.089467,
        "fair_value": 6.721753,
        "relative_strength": 14.231956,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.800849,
        "energy": 25.587427,
        "activity_lines": [
          13.808479,
          14.458804,
          15.989518,
          15.225307
        ]
      },
      {
        "date": "2024-05-31",
        "close": 14.508786,
        "volume": 179642,
        "typical_volume": 474460.85,
        "trend": 14.238829,
        "fair_value": 6.781505,
        "relative_strength": 14.870389,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -12.68686,
        "energy": 14.605082,
        "activity_lines": [
          14.129194,
          14.269775,
          15.866731,
          15.25236
        ]
      },
      {
        "date": "2024-06-07",
        "close": 13.753427,
        "volume": 132320,
        "typical_volume": 475903.8,
        "trend": 14.306894,
        "fair_value": 6.834814,
        "relative_strength": 5.147851,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -6.744698,
        "energy": 11.60574,
        "activity_lines": [
          14.113866,
          14.048757,
          15.651413,
          15.221043
        ]
      },
      {
        "date": "2024-06-14",
        "close": 14.057533,
        "volume": 165200,
        "typical_volume": 464189.8,
        "trend": 14.385096,
        "fair_value": 6.891889,
        "relative_strength": 3.058077,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -2.795862,
        "energy": 9.8351,
        "activity_lines": [
          14.125544,
          13.961534,
          15.452209,
          15.204956
        ]
      },
      {
        "date": "2024-06-21",
        "close": 13.694568,
        "volume": 134128,
        "typical_volume": 463327.15,
        "trend": 14.432655,
        "fair_value": 6.943959,
        "relative_strength": -0.488999,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -6.525999,
        "energy": 13.372115,
        "activity_lines": [
          13.965974,
          13.888409,
          15.209028,
          15.160405
        ]
      },
      {
        "date": "2024-06-28",
        "close": 14.616695,
        "volume": 237552,
        "typical_volume": 468484.85,
        "trend": 14.469312,
        "fair_value": 7.00508,
        "relative_strength": 5.240803,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -12.375862,
        "energy": 14.769981,
        "activity_lines": [
          14.136666,
          14.042404,
          15.042007,
          15.172279
        ]
      },
      {
        "date": "2024-07-05",
        "close": 15.411294,
        "volume": 114902,
        "typical_volume": 436263.4,
        "trend": 14.617038,
        "fair_value": 7.071387,
        "relative_strength": 6.057676,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -4.639726,
        "energy": 5.790832,
        "activity_lines": [
          14.56503,
          14.328745,
          14.937939,
          15.233052
        ]
      },
      {
        "date": "2024-07-12",
        "close": 15.087568,
        "volume": 119441,
        "typical_volume": 396184.5,
        "trend": 14.848316,
        "fair_value": 7.136881,
        "relative_strength": 2.988688,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.58686,
        "energy": 7.770017,
        "activity_lines": [
          14.825318,
          14.516837,
          14.806254,
          15.263409
        ]
      },
      {
        "date": "2024-07-19",
        "close": 14.391068,
        "volume": 134259,
        "typical_volume": 349580.75,
        "trend": 14.997005,
        "fair_value": 7.197572,
        "relative_strength": 1.264433,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.496401,
        "energy": 9.695042,
        "activity_lines": [
          14.764497,
          14.533756,
          14.645284,
          15.233909
        ]
      },
      {
        "date": "2024-07-26",
        "close": 14.842322,
        "volume": 453555,
        "typical_volume": 346630.65,
        "trend": 15.1741,
        "fair_value": 7.261371,
        "relative_strength": 6.119338,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.559455,
        "energy": 9.418331,
        "activity_lines": [
          14.831858,
          14.612949,
          14.589053,
          15.223929
        ]
      },
      {
        "date": "2024-08-02",
        "close": 14.283159,
        "volume": 133671,
        "typical_volume": 332296.05,
        "trend": 15.353581,
        "fair_value": 7.321249,
        "relative_strength": 4.387107,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -24.915765,
        "energy": 12.958744,
        "activity_lines": [
          14.636314,
          14.57585,
          14.492239,
          15.166449
        ]
      },
      {
        "date": "2024-08-09",
        "close": 14.420497,
        "volume": 85896,
        "typical_volume": 307724.55,
        "trend": 15.494776,
        "fair_value": 7.385054,
        "relative_strength": 4.061858,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.020005,
        "energy": 18.867155,
        "activity_lines": [
          14.508786,
          14.567824,
          14.436425,
          15.10625
        ]
      },
      {
        "date": "2024-08-16",
        "close": 13.714187,
        "volume": 431128,
        "typical_volume": 310270.75,
        "trend": 15.583416,
        "fair_value": 7.445624,
        "relative_strength": -6.657215,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.433975,
        "energy": 24.153147,
        "activity_lines": [
          14.211874,
          14.432983,
          14.341355,
          14.991374
        ]
      },
      {
        "date": "2024-08-23",
        "close": 13.674948,
        "volume": 424605,
        "typical_volume": 313042.1,
        "trend": 15.636523,
        "fair_value": 7.505204,
        "relative_strength": -8.426503,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.031612,
        "energy": 31.344173,
        "activity_lines": [
          13.993441,
          14.291721,
          14.263296,
          14.868247
        ]
      },
      {
        "date": "2024-08-30",
        "close": 13.665117,
        "volume": 73285,
        "typical_volume": 281896.35,
        "trend": 15.717172,
        "fair_value": 7.564474,
        "relative_strength": -8.222245,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.87892,
        "energy": 35.061618,
        "activity_lines": [
          13.819473,
          14.155627,
          14.207098,
          14.741059
        ]
      },
      {
        "date": "2024-09-06",
        "close": 11.059897,
        "volume": 124397,
        "typical_volume": 264043.3,
        "trend": 15.687673,
        "fair_value": 7.606311,
        "relative_strength": -21.114619,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -76.969054,
        "energy": 61.313708,
        "activity_lines": [
          12.855578,
          13.546393,
          13.918497,
          14.44059
        ]
      },
      {
        "date": "2024-09-13",
        "close": 12.092154,
        "volume": 116593,
        "typical_volume": 246927.4,
        "trend": 15.554539,
        "fair_value": 7.65616,
        "relative_strength": -18.407727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.832554,
        "energy": 58.977546,
        "activity_lines": [
          12.450653,
          13.189511,
          13.741968,
          14.208621
        ]
      },
      {
        "date": "2024-09-20",
        "close": 12.455902,
        "volume": 127038,
        "typical_volume": 221647.05,
        "trend": 15.207476,
        "fair_value": 7.708634,
        "relative_strength": -17.313577,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.346069,
        "energy": 55.026197,
        "activity_lines": [
          12.3222,
          12.959113,
          13.60557,
          14.008709
        ]
      },
      {
        "date": "2024-09-27",
        "close": 12.682015,
        "volume": 106438,
        "typical_volume": 196962.6,
        "trend": 14.718174,
        "fair_value": 7.763727,
        "relative_strength": -16.779982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.066624,
        "energy": 52.035091,
        "activity_lines": [
          12.353004,
          12.817675,
          13.491575,
          13.845776
        ]
      },
      {
        "date": "2024-10-04",
        "close": 12.593536,
        "volume": 69852,
        "typical_volume": 182725.95,
        "trend": 14.554516,
        "fair_value": 7.817021,
        "relative_strength": -17.599927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.758568,
        "energy": 34.020722,
        "activity_lines": [
          12.42051,
          12.691223,
          13.372112,
          13.708702
        ]
      },
      {
        "date": "2024-10-11",
        "close": 12.888466,
        "volume": 98812,
        "typical_volume": 173135.7,
        "trend": 14.312586,
        "fair_value": 7.872527,
        "relative_strength": -16.669766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.046864,
        "energy": 26.540284,
        "activity_lines": [
          12.657765,
          12.659282,
          13.287616,
          13.601215
        ]
      },
      {
        "date": "2024-10-18",
        "close": 12.957284,
        "volume": 63664,
        "typical_volume": 167336.8,
        "trend": 14.067729,
        "fair_value": 7.929046,
        "relative_strength": -16.474115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.464537,
        "energy": 19.238895,
        "activity_lines": [
          12.796055,
          12.665211,
          13.21739,
          13.513776
        ]
      },
      {
        "date": "2024-10-25",
        "close": 12.888466,
        "volume": 77336,
        "typical_volume": 164587.6,
        "trend": 13.894976,
        "fair_value": 7.985432,
        "relative_strength": -17.088349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.33552,
        "energy": 17.497621,
        "activity_lines": [
          12.85373,
          12.685232,
          13.147998,
          13.437695
        ]
      },
      {
        "date": "2024-11-01",
        "close": 11.993844,
        "volume": 66268,
        "typical_volume": 159641.0,
        "trend": 13.679351,
        "fair_value": 8.035485,
        "relative_strength": -21.457281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.908962,
        "energy": 23.579835,
        "activity_lines": [
          12.58436,
          12.557608,
          12.997523,
          13.315041
        ]
      },
      {
        "date": "2024-11-08",
        "close": 12.937622,
        "volume": 109608,
        "typical_volume": 158415.0,
        "trend": 13.54511,
        "fair_value": 8.089784,
        "relative_strength": -19.381429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.262415,
        "energy": 19.591745,
        "activity_lines": [
          12.675461,
          12.632145,
          12.946759,
          13.267188
        ]
      },
      {
        "date": "2024-11-15",
        "close": 12.691846,
        "volume": 70481,
        "typical_volume": 150061.45,
        "trend": 13.50318,
        "fair_value": 8.144632,
        "relative_strength": -17.862296,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.657762,
        "energy": 24.030393,
        "activity_lines": [
          12.661698,
          12.675223,
          12.876192,
          13.212138
        ]
      },
      {
        "date": "2024-11-22",
        "close": 16.889691,
        "volume": 230692,
        "typical_volume": 155850.95,
        "trend": 13.624672,
        "fair_value": 8.225096,
        "relative_strength": 7.20094,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.922496,
        "energy": 34.57326,
        "activity_lines": [
          14.060324,
          13.451873,
          13.214585,
          13.430623
        ]
      },
      {
        "date": "2024-11-29",
        "close": 15.975406,
        "volume": 142468,
        "typical_volume": 157002.3,
        "trend": 13.73592,
        "fair_value": 8.300408,
        "relative_strength": 0.833822,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.422369,
        "energy": 51.077909,
        "activity_lines": [
          14.892028,
          13.975062,
          13.458864,
          13.582283
        ]
      },
      {
        "date": "2024-12-06",
        "close": 17.105974,
        "volume": 161209,
        "typical_volume": 158349.8,
        "trend": 13.862664,
        "fair_value": 8.383705,
        "relative_strength": 4.259184,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.003194,
        "energy": 69.609562,
        "activity_lines": [
          15.894792,
          14.639818,
          13.806588,
          13.799706
        ]
      },
      {
        "date": "2024-12-13",
        "close": 16.506282,
        "volume": 279992,
        "typical_volume": 149671.65,
        "trend": 13.944945,
        "fair_value": 8.464082,
        "relative_strength": -0.829116,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 65.379384,
        "energy": 75.033954,
        "activity_lines": [
          16.35685,
          15.115103,
          14.08427,
          13.970262
        ]
      },
      {
        "date": "2024-12-20",
        "close": 14.667881,
        "volume": 293752,
        "typical_volume": 157675.7,
        "trend": 13.950248,
        "fair_value": 8.531659,
        "relative_strength": -10.069521,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.4712,
        "energy": 54.524586,
        "activity_lines": [
          15.968197,
          15.184993,
          14.178943,
          14.016903
        ]
      },
      {
        "date": "2024-12-27",
        "close": 15.326559,
        "volume": 124298,
        "typical_volume": 159595.8,
        "trend": 13.977507,
        "fair_value": 8.602842,
        "relative_strength": -7.216527,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.189786,
        "energy": 36.152978,
        "activity_lines": [
          15.667368,
          15.342289,
          14.334515,
          14.105697
        ]
      },
      {
        "date": "2025-01-03",
        "close": 17.385204,
        "volume": 148972,
        "typical_volume": 145488.0,
        "trend": 14.098566,
        "fair_value": 8.687529,
        "relative_strength": 5.351175,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.04009,
        "energy": 38.123311,
        "activity_lines": [
          16.156962,
          15.830806,
          14.681834,
          14.325549
        ]
      },
      {
        "date": "2025-01-10",
        "close": 16.360806,
        "volume": 115133,
        "typical_volume": 130014.4,
        "trend": 14.175342,
        "fair_value": 8.765773,
        "relative_strength": 0.928203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.536022,
        "energy": 31.388638,
        "activity_lines": [
          16.211104,
          16.051311,
          14.914111,
          14.4715
        ]
      },
      {
        "date": "2025-01-17",
        "close": 16.006207,
        "volume": 144979,
        "typical_volume": 133599.1,
        "trend": 14.252397,
        "fair_value": 8.842513,
        "relative_strength": -4.259196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.882886,
        "energy": 31.421246,
        "activity_lines": [
          16.196725,
          16.127944,
          15.099826,
          14.58962
        ]
      },
      {
        "date": "2025-01-24",
        "close": 16.705556,
        "volume": 65458,
        "typical_volume": 130652.15,
        "trend": 14.322025,
        "fair_value": 8.924153,
        "relative_strength": -1.73363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.715822,
        "energy": 34.015043,
        "activity_lines": [
          16.4488,
          16.275938,
          15.340998,
          14.747888
        ]
      },
      {
        "date": "2025-01-31",
        "close": 19.680248,
        "volume": 188227,
        "typical_volume": 134233.85,
        "trend": 14.464324,
        "fair_value": 9.02426,
        "relative_strength": 16.600914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.449901,
        "energy": 47.363429,
        "activity_lines": [
          17.556593,
          16.89181,
          15.838589,
          15.09358
        ]
      },
      {
        "date": "2025-02-07",
        "close": 19.355199,
        "volume": 188739,
        "typical_volume": 137318.9,
        "trend": 14.606578,
        "fair_value": 9.123485,
        "relative_strength": 13.891624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.537198,
        "energy": 53.24365,
        "activity_lines": [
          18.265792,
          17.397843,
          16.26909,
          15.409121
        ]
      },
      {
        "date": "2025-02-14",
        "close": 19.039999,
        "volume": 222222,
        "typical_volume": 143108.1,
        "trend": 14.761542,
        "fair_value": 9.221858,
        "relative_strength": 9.008163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.98318,
        "energy": 54.360686,
        "activity_lines": [
          18.73859,
          17.785118,
          16.636718,
          15.695148
        ]
      },
      {
        "date": "2025-02-21",
        "close": 17.050305,
        "volume": 143434,
        "typical_volume": 146787.2,
        "trend": 14.835142,
        "fair_value": 9.303752,
        "relative_strength": 1.069371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.991572,
        "energy": 45.298418,
        "activity_lines": [
          18.369545,
          17.775465,
          16.784576,
          15.84281
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.332253,
        "volume": 242365,
        "typical_volume": 153964.85,
        "trend": 14.903445,
        "fair_value": 9.386077,
        "relative_strength": 2.037939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.201388,
        "energy": 29.358384,
        "activity_lines": [
          17.691542,
          17.625366,
          16.842824,
          15.939398
        ]
      },
      {
        "date": "2025-03-07",
        "close": 16.046069,
        "volume": 211554,
        "typical_volume": 161359.35,
        "trend": 14.957631,
        "fair_value": 9.465936,
        "relative_strength": 4.064068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.061702,
        "energy": 16.606209,
        "activity_lines": [
          16.943031,
          17.392973,
          16.857418,
          16.013115
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.8487,
        "volume": 213527,
        "typical_volume": 168168.9,
        "trend": 15.028781,
        "fair_value": 9.545177,
        "relative_strength": 6.273908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.075613,
        "energy": 18.739661,
        "activity_lines": [
          16.37101,
          17.111612,
          16.838507,
          16.070604
        ]
      },
      {
        "date": "2025-03-21",
        "close": 16.756596,
        "volume": 126271,
        "typical_volume": 171169.05,
        "trend": 15.131503,
        "fair_value": 9.629499,
        "relative_strength": 12.843028,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.686922,
        "energy": 18.632599,
        "activity_lines": [
          16.335387,
          17.023259,
          16.891965,
          16.182076
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.148042,
        "volume": 107442,
        "typical_volume": 171060.75,
        "trend": 15.180934,
        "fair_value": 9.702924,
        "relative_strength": 5.011374,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.726077,
        "energy": 11.757021,
        "activity_lines": [
          15.915806,
          16.635246,
          16.769548,
          16.183143
        ]
      },
      {
        "date": "2025-04-04",
        "close": 13.342119,
        "volume": 112115,
        "typical_volume": 173142.45,
        "trend": 15.257008,
        "fair_value": 9.765451,
        "relative_strength": 3.302105,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.601314,
        "energy": 31.716875,
        "activity_lines": [
          15.021068,
          15.934487,
          16.464613,
          16.064509
        ]
      },
      {
        "date": "2025-04-11",
        "close": 14.437514,
        "volume": 110233,
        "typical_volume": 167119.5,
        "trend": 15.335186,
        "fair_value": 9.836446,
        "relative_strength": 4.44901,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.740221,
        "energy": 32.606651,
        "activity_lines": [
          14.690804,
          15.494043,
          16.260904,
          16.011639
        ]
      },
      {
        "date": "2025-04-18",
        "close": 15.246726,
        "volume": 55318,
        "typical_volume": 162762.0,
        "trend": 15.428214,
        "fair_value": 9.911089,
        "relative_strength": 12.826961,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.759042,
        "energy": 31.153372,
        "activity_lines": [
          14.737515,
          15.296052,
          16.14594,
          16.005932
        ]
      },
      {
        "date": "2025-04-25",
        "close": 16.233569,
        "volume": 68000,
        "typical_volume": 158101.55,
        "trend": 15.546599,
        "fair_value": 9.993505,
        "relative_strength": 12.650296,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -11.128908,
        "energy": 16.70106,
        "activity_lines": [
          15.153305,
          15.352186,
          16.128432,
          16.05789
        ]
      },
      {
        "date": "2025-05-02",
        "close": 16.766464,
        "volume": 71267,
        "typical_volume": 147665.3,
        "trend": 15.685697,
        "fair_value": 10.078752,
        "relative_strength": 12.115028,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.440998,
        "energy": 6.498264,
        "activity_lines": [
          15.781595,
          15.556236,
          16.165829,
          16.136591
        ]
      },
      {
        "date": "2025-05-09",
        "close": 16.213832,
        "volume": 60687,
        "typical_volume": 136012.05,
        "trend": 15.796542,
        "fair_value": 10.160687,
        "relative_strength": 8.409731,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.30784,
        "energy": 8.544014,
        "activity_lines": [
          16.117779,
          15.664968,
          16.149356,
          16.170664
        ]
      },
      {
        "date": "2025-05-16",
        "close": 14.319093,
        "volume": 137960,
        "typical_volume": 136695.15,
        "trend": 15.841936,
        "fair_value": 10.228121,
        "relative_strength": -10.201969,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -13.174425,
        "energy": 10.501618,
        "activity_lines": [
          15.630937,
          15.431355,
          15.945069,
          16.075345
        ]
      },
      {
        "date": "2025-05-23",
        "close": 14.422712,
        "volume": 70171,
        "typical_volume": 132755.1,
        "trend": 15.893077,
        "fair_value": 10.293049,
        "relative_strength": -7.165413,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -22.999612,
        "energy": 14.044409,
        "activity_lines": [
          15.186528,
          15.247982,
          15.755449,
          15.983782
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.050301,
        "volume": 75812,
        "typical_volume": 130789.05,
        "trend": 15.994959,
        "fair_value": 10.361337,
        "relative_strength": -4.763961,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.901955,
        "energy": 34.844468,
        "activity_lines": [
          15.006251,
          15.204643,
          15.639706,
          15.92941
        ]
      },
      {
        "date": "2025-06-06",
        "close": 13.166541,
        "volume": 118707,
        "typical_volume": 129475.45,
        "trend": 16.00259,
        "fair_value": 10.417411,
        "relative_strength": -18.122924,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.382704,
        "energy": 58.343065,
        "activity_lines": [
          14.276938,
          14.849825,
          15.350798,
          15.746931
        ]
      },
      {
        "date": "2025-06-13",
        "close": 11.539882,
        "volume": 260644,
        "typical_volume": 139234.75,
        "trend": 15.964191,
        "fair_value": 10.464074,
        "relative_strength": -27.485371,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.669497,
        "energy": 71.024741,
        "activity_lines": [
          13.2454,
          14.235279,
          14.920493,
          15.459014
        ]
      },
      {
        "date": "2025-06-20",
        "close": 11.154231,
        "volume": 102204,
        "typical_volume": 134933.6,
        "trend": 15.773009,
        "fair_value": 10.507649,
        "relative_strength": -29.554069,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.466327,
        "energy": 77.88485,
        "activity_lines": [
          12.396908,
          13.583382,
          14.478057,
          15.148694
        ]
      },
      {
        "date": "2025-06-27",
        "close": 11.154231,
        "volume": 999212,
        "typical_volume": 175457.25,
        "trend": 15.612303,
        "fair_value": 10.551594,
        "relative_strength": -31.9124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.186769,
        "energy": 81.48428,
        "activity_lines": [
          11.759407,
          12.991181,
          14.076221,
          14.850709
        ]
      },
      {
        "date": "2025-07-04",
        "close": 12.696837,
        "volume": 160855,
        "typical_volume": 172388.9,
        "trend": 15.465332,
        "fair_value": 10.606166,
        "relative_strength": -23.21351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.738208,
        "energy": 75.750671,
        "activity_lines": [
          11.854007,
          12.753863,
          13.860352,
          14.662614
        ]
      },
      {
        "date": "2025-07-11",
        "close": 11.876091,
        "volume": 134759,
        "typical_volume": 171955.15,
        "trend": 15.310992,
        "fair_value": 10.654892,
        "relative_strength": -27.482258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.098852,
        "energy": 70.357001,
        "activity_lines": [
          11.831923,
          12.431623,
          13.596523,
          14.43105
        ]
      },
      {
        "date": "2025-07-18",
        "close": 11.22345,
        "volume": 86095,
        "typical_volume": 164141.65,
        "trend": 15.196178,
        "fair_value": 10.70162,
        "relative_strength": -31.86595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.251962,
        "energy": 57.824524,
        "activity_lines": [
          11.678321,
          12.079637,
          13.295176,
          14.167338
        ]
      },
      {
        "date": "2025-07-25",
        "close": 10.916907,
        "volume": 85370,
        "typical_volume": 157832.45,
        "trend": 15.049189,
        "fair_value": 10.747338,
        "relative_strength": -33.762222,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.031917,
        "energy": 52.688038,
        "activity_lines": [
          11.443634,
          11.762649,
          12.988962,
          13.891256
        ]
      },
      {
        "date": "2025-08-01",
        "close": 10.026941,
        "volume": 84233,
        "typical_volume": 151367.75,
        "trend": 14.803914,
        "fair_value": 10.787178,
        "relative_strength": -37.213266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.517389,
        "energy": 62.572265,
        "activity_lines": [
          10.928113,
          11.345708,
          12.622415,
          13.56724
        ]
      },
      {
        "date": "2025-08-08",
        "close": 10.808133,
        "volume": 89362,
        "typical_volume": 149522.3,
        "trend": 14.618825,
        "fair_value": 10.830166,
        "relative_strength": -34.168747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.464891,
        "energy": 57.078613,
        "activity_lines": [
          10.748143,
          11.150725,
          12.357989,
          13.309447
        ]
      },
      {
        "date": "2025-08-15",
        "close": 11.994753,
        "volume": 177303,
        "typical_volume": 153015.35,
        "trend": 14.48511,
        "fair_value": 10.881747,
        "relative_strength": -26.888031,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.819102,
        "energy": 46.546635,
        "activity_lines": [
          11.089626,
          11.248621,
          12.2349,
          13.140152
        ]
      },
      {
        "date": "2025-08-22",
        "close": 12.597952,
        "volume": 64472,
        "typical_volume": 150633.2,
        "trend": 14.34819,
        "fair_value": 10.937781,
        "relative_strength": -22.141433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.758418,
        "energy": 32.596412,
        "activity_lines": [
          11.624264,
          11.477495,
          12.184275,
          13.0184
        ]
      },
      {
        "date": "2025-08-29",
        "close": 11.955199,
        "volume": 68121,
        "typical_volume": 148527.6,
        "trend": 14.090688,
        "fair_value": 10.990127,
        "relative_strength": -25.510777,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.686244,
        "energy": 20.972173,
        "activity_lines": [
          11.853018,
          11.570267,
          12.075979,
          12.864014
        ]
      },
      {
        "date": "2025-09-05",
        "close": 11.271195,
        "volume": 144739,
        "typical_volume": 152998.65,
        "trend": 13.821221,
        "fair_value": 11.037625,
        "relative_strength": -30.213595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.846679,
        "energy": 22.345193,
        "activity_lines": [
          11.784551,
          11.524111,
          11.91436,
          12.682111
        ]
      },
      {
        "date": "2025-09-12",
        "close": 11.102673,
        "volume": 77763,
        "typical_volume": 153486.8,
        "trend": 13.556644,
        "fair_value": 11.082745,
        "relative_strength": -32.189519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.56227,
        "energy": 24.024208,
        "activity_lines": [
          11.57696,
          11.445189,
          11.755623,
          12.506721
        ]
      },
      {
        "date": "2025-09-19",
        "close": 13.194337,
        "volume": 190131,
        "typical_volume": 159430.0,
        "trend": 13.428111,
        "fair_value": 11.142942,
        "relative_strength": -20.905565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.715337,
        "energy": 12.273646,
        "activity_lines": [
          12.046954,
          11.775554,
          11.820524,
          12.483346
        ]
      },
      {
        "date": "2025-09-26",
        "close": 12.262505,
        "volume": 85540,
        "typical_volume": 160672.65,
        "trend": 13.292453,
        "fair_value": 11.199329,
        "relative_strength": -25.872305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.618711,
        "energy": 11.03505,
        "activity_lines": [
          12.126365,
          11.912527,
          11.81369,
          12.408146
        ]
      },
      {
        "date": "2025-10-03",
        "close": 11.905634,
        "volume": 67665,
        "typical_volume": 157157.9,
        "trend": 13.154439,
        "fair_value": 11.253119,
        "relative_strength": -28.581038,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.872919,
        "energy": 11.076283,
        "activity_lines": [
          12.109183,
          11.965722,
          11.791684,
          12.318674
        ]
      },
      {
        "date": "2025-10-10",
        "close": 11.211717,
        "volume": 85382,
        "typical_volume": 157918.45,
        "trend": 12.999873,
        "fair_value": 11.302709,
        "relative_strength": -30.834277,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.68508,
        "energy": 17.788662,
        "activity_lines": [
          11.863999,
          11.874774,
          11.715083,
          12.193337
        ]
      },
      {
        "date": "2025-10-17",
        "close": 11.003542,
        "volume": 67520,
        "typical_volume": 157503.85,
        "trend": 12.808104,
        "fair_value": 11.349897,
        "relative_strength": -33.36183,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.914656,
        "energy": 24.313662,
        "activity_lines": [
          11.553388,
          11.724435,
          11.633947,
          12.064541
        ]
      },
      {
        "date": "2025-10-24",
        "close": 13.352947,
        "volume": 145960,
        "typical_volume": 158866.5,
        "trend": 12.748268,
        "fair_value": 11.412301,
        "relative_strength": -20.607053,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.906331,
        "energy": 3.648326,
        "activity_lines": [
          12.032522,
          11.997707,
          11.795833,
          12.099692
        ]
      },
      {
        "date": "2025-10-31",
        "close": 13.224076,
        "volume": 94148,
        "typical_volume": 150541.7,
        "trend": 12.744333,
        "fair_value": 11.474326,
        "relative_strength": -22.666644,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.666198,
        "energy": 6.340498,
        "activity_lines": [
          12.458124,
          12.222853,
          11.944559,
          12.13039
        ]
      },
      {
        "date": "2025-11-07",
        "close": 11.152238,
        "volume": 93366,
        "typical_volume": 150099.8,
        "trend": 12.634824,
        "fair_value": 11.521635,
        "relative_strength": -32.379836,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.420477,
        "energy": 13.086788,
        "activity_lines": [
          12.129009,
          12.059918,
          11.887947,
          12.027674
        ]
      },
      {
        "date": "2025-11-14",
        "close": 11.112586,
        "volume": 76529,
        "typical_volume": 103965.65,
        "trend": 12.497019,
        "fair_value": 11.569198,
        "relative_strength": -32.163862,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.955694,
        "energy": 17.370346,
        "activity_lines": [
          11.836903,
          11.904372,
          11.827567,
          11.929465
        ]
      },
      {
        "date": "2025-11-21",
        "close": 11.201804,
        "volume": 70179,
        "typical_volume": 99431.85,
        "trend": 12.329293,
        "fair_value": 11.615881,
        "relative_strength": -28.698345,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.510034,
        "energy": 24.204311,
        "activity_lines": [
          11.581145,
          11.767932,
          11.775883,
          11.845903
        ]
      },
      {
        "date": "2025-11-28",
        "close": 11.360413,
        "volume": 53605,
        "typical_volume": 95374.15,
        "trend": 12.149092,
        "fair_value": 11.6629,
        "relative_strength": -30.434847,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.426688,
        "energy": 30.547138,
        "activity_lines": [
          11.365039,
          11.658527,
          11.746424,
          11.783394
        ]
      },
      {
        "date": "2025-12-05",
        "close": 12.748247,
        "volume": 53980,
        "typical_volume": 93768.4,
        "trend": 12.033572,
        "fair_value": 11.715942,
        "relative_strength": -22.015525,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.153358,
        "energy": 11.606655,
        "activity_lines": [
          11.744381,
          11.8348,
          11.851595,
          11.82205
        ]
      },
      {
        "date": "2025-12-12",
        "close": 14.264952,
        "volume": 133214,
        "typical_volume": 96160.6,
        "trend": 12.031768,
        "fair_value": 11.779757,
        "relative_strength": -10.522044,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.213622,
        "energy": 38.220895,
        "activity_lines": [
          12.661012,
          12.278006,
          12.093954,
          11.96601
        ]
      },
      {
        "date": "2025-12-19",
        "close": 13.293468,
        "volume": 197331,
        "typical_volume": 101815.5,
        "trend": 11.994126,
        "fair_value": 11.835672,
        "relative_strength": -16.654358,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 53.08852,
        "energy": 52.63401,
        "activity_lines": [
          13.046301,
          12.501682,
          12.227847,
          12.04741
        ]
      },
      {
        "date": "2025-12-26",
        "close": 12.926683,
        "volume": 70951,
        "typical_volume": 100894.95,
        "trend": 11.923339,
        "fair_value": 11.889298,
        "relative_strength": -19.420863,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.681871,
        "energy": 55.47175,
        "activity_lines": [
          13.163937,
          12.620819,
          12.311253,
          12.107575
        ]
      },
      {
        "date": "2026-01-02",
        "close": 11.863536,
        "volume": 53328,
        "typical_volume": 94696.2,
        "trend": 11.879905,
        "fair_value": 11.934899,
        "relative_strength": -23.933021,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.444623,
        "energy": 45.452686,
        "activity_lines": [
          12.812198,
          12.511691,
          12.283318,
          12.103716
        ]
      },
      {
        "date": "2026-01-09",
        "close": 11.585329,
        "volume": 108919,
        "typical_volume": 96918.55,
        "trend": 11.88142,
        "fair_value": 11.976609,
        "relative_strength": -26.547042,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 22.751472,
        "energy": 9.893183,
        "activity_lines": [
          12.334182,
          12.37906,
          12.229513,
          12.084711
        ]
      },
      {
        "date": "2026-01-16",
        "close": 11.515777,
        "volume": 51183,
        "typical_volume": 96071.65,
        "trend": 11.893472,
        "fair_value": 12.016416,
        "relative_strength": -25.656113,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.448866,
        "energy": 14.640407,
        "activity_lines": [
          11.91051,
          12.263578,
          12.173906,
          12.061121
        ]
      },
      {
        "date": "2026-01-23",
        "close": 11.386609,
        "volume": 94275,
        "typical_volume": 93548.45,
        "trend": 11.901218,
        "fair_value": 12.055689,
        "relative_strength": -25.895602,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.088713,
        "energy": 17.036392,
        "activity_lines": [
          11.62706,
          12.118002,
          12.108089,
          12.028421
        ]
      },
      {
        "date": "2026-01-30",
        "close": 11.346866,
        "volume": 106192,
        "typical_volume": 94969.9,
        "trend": 11.856219,
        "fair_value": 12.094165,
        "relative_strength": -24.904837,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.104445,
        "energy": 19.966277,
        "activity_lines": [
          11.457486,
          11.960217,
          12.037938,
          11.992656
        ]
      },
      {
        "date": "2026-02-06",
        "close": 10.740772,
        "volume": 135831,
        "typical_volume": 92254.9,
        "trend": 11.818375,
        "fair_value": 12.129065,
        "relative_strength": -26.349796,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.146149,
        "energy": 39.013532,
        "activity_lines": [
          11.191202,
          11.689596,
          11.908901,
          11.920692
        ]
      },
      {
        "date": "2026-02-13",
        "close": 9.796856,
        "volume": 187975,
        "typical_volume": 97376.65,
        "trend": 11.770822,
        "fair_value": 12.155311,
        "relative_strength": -30.888266,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.919458,
        "energy": 49.721526,
        "activity_lines": [
          10.685131,
          11.25862,
          11.70165,
          11.790271
        ]
      },
      {
        "date": "2026-02-20",
        "close": 9.051659,
        "volume": 131162,
        "typical_volume": 100551.5,
        "trend": 11.708647,
        "fair_value": 12.178329,
        "relative_strength": -35.941778,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -75.782031,
        "energy": 68.759979,
        "activity_lines": [
          10.049892,
          10.745815,
          11.43517,
          11.614841
        ]
      },
      {
        "date": "2026-02-27",
        "close": 8.981397,
        "volume": 140146,
        "typical_volume": 103289.7,
        "trend": 11.673795,
        "fair_value": 12.201643,
        "relative_strength": -35.341797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.554034,
        "energy": 72.913045,
        "activity_lines": [
          9.555507,
          10.315023,
          11.175588,
          11.43889
        ]
      },
      {
        "date": "2026-03-06",
        "close": 8.682349,
        "volume": 134542,
        "typical_volume": 106640.8,
        "trend": 11.602936,
        "fair_value": 12.221548,
        "relative_strength": -35.719043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.300204,
        "energy": 76.258594,
        "activity_lines": [
          9.121786,
          9.908259,
          10.898147,
          11.245893
        ]
      },
      {
        "date": "2026-03-13",
        "close": 8.901651,
        "volume": 90843,
        "typical_volume": 103884.95,
        "trend": 11.499832,
        "fair_value": 12.241615,
        "relative_strength": -32.374261,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.570367,
        "energy": 74.700745,
        "activity_lines": [
          8.938801,
          9.618538,
          10.652644,
          11.071617
        ]
      },
      {
        "date": "2026-03-20",
        "close": 8.233778,
        "volume": 118270,
        "typical_volume": 105091.05,
        "trend": 11.35436,
        "fair_value": 12.256157,
        "relative_strength": -35.018266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.081547,
        "energy": 78.647665,
        "activity_lines": [
          8.6558,
          9.261239,
          10.364731,
          10.860904
        ]
      },
      {
        "date": "2026-03-27",
        "close": 7.93473,
        "volume": 102081,
        "typical_volume": 105526.8,
        "trend": 11.220344,
        "fair_value": 12.264772,
        "relative_strength": -34.225568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.21369,
        "energy": 76.624663,
        "activity_lines": [
          8.377321,
          8.910504,
          10.072101,
          10.640282
        ]
      },
      {
        "date": "2026-04-03",
        "close": 8.423175,
        "volume": 87690,
        "typical_volume": 106084.85,
        "trend": 11.12541,
        "fair_value": 12.274622,
        "relative_strength": -31.790892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.982926,
        "energy": 63.485149,
        "activity_lines": [
          8.336119,
          8.713687,
          9.841311,
          10.45982
        ]
      },
      {
        "date": "2026-04-10",
        "close": 8.801968,
        "volume": 44347,
        "typical_volume": 104793.25,
        "trend": 11.04872,
        "fair_value": 12.285314,
        "relative_strength": -30.659949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.404409,
        "energy": 49.858265,
        "activity_lines": [
          8.458396,
          8.639623,
          9.659402,
          10.30992
        ]
      },
      {
        "date": "2026-04-17",
        "close": 9.031238,
        "volume": 54339,
        "typical_volume": 104829.95,
        "trend": 10.90995,
        "fair_value": 12.298969,
        "relative_strength": -31.695182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.855142,
        "energy": 41.214966,
        "activity_lines": [
          8.649122,
          8.653514,
          9.510757,
          10.17976
        ]
      },
      {
        "date": "2026-04-24",
        "close": 10.167619,
        "volume": 48677,
        "typical_volume": 104564.8,
        "trend": 10.840121,
        "fair_value": 12.324353,
        "relative_strength": -23.371269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.202759,
        "energy": 22.807482,
        "activity_lines": [
          9.210002,
          8.905103,
          9.48143,
          10.131868
        ]
      },
      {
        "date": "2026-05-01",
        "close": 9.300381,
        "volume": 72659,
        "typical_volume": 101537.05,
        "trend": 10.753279,
        "fair_value": 12.3448,
        "relative_strength": -29.577143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.841449,
        "energy": 21.273046,
        "activity_lines": [
          9.35288,
          8.992271,
          9.381798,
          10.03253
        ]
      },
      {
        "date": "2026-05-08",
        "close": 9.140889,
        "volume": 62242,
        "typical_volume": 94782.6,
        "trend": 10.684251,
        "fair_value": 12.369836,
        "relative_strength": -33.046115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.777478,
        "energy": 20.190475,
        "activity_lines": [
          9.351551,
          9.045919,
          9.290617,
          9.928505
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9.270476,
        "volume": 74013,
        "typical_volume": 94935.7,
        "trend": 10.626482,
        "fair_value": 12.393355,
        "relative_strength": -30.873735,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.598721,
        "energy": 19.262852,
        "activity_lines": [
          9.34557,
          9.120227,
          9.231551,
          9.837293
        ]
      },
      {
        "date": "2026-05-22",
        "close": 9.78,
        "volume": 59096,
        "typical_volume": 95224.1,
        "trend": 10.507384,
        "fair_value": 12.417962,
        "relative_strength": -26.849132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.71369,
        "energy": 11.307158,
        "activity_lines": [
          9.478197,
          9.276484,
          9.238423,
          9.782682
        ]
      },
      {
        "date": "2026-05-29",
        "close": 9.89,
        "volume": 72629,
        "typical_volume": 93409.6,
        "trend": 10.396248,
        "fair_value": 12.442587,
        "relative_strength": -26.922926,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.911074,
        "energy": 9.649856,
        "activity_lines": [
          9.597572,
          9.43677,
          9.265692,
          9.74285
        ]
      },
      {
        "date": "2026-06-05",
        "close": 8.9,
        "volume": 79805,
        "typical_volume": 94840.7,
        "trend": 10.321174,
        "fair_value": 12.45951,
        "relative_strength": -30.2354,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.089273,
        "energy": 12.52334,
        "activity_lines": [
          9.405456,
          9.386943,
          9.206748,
          9.646318
        ]
      },
      {
        "date": "2026-06-12",
        "close": 9.26,
        "volume": 199491,
        "typical_volume": 100101.5,
        "trend": 10.259421,
        "fair_value": 12.476011,
        "relative_strength": -28.355491,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.268678,
        "energy": 12.585433,
        "activity_lines": [
          9.360032,
          9.38502,
          9.194546,
          9.577855
        ]
      },
      {
        "date": "2026-06-19",
        "close": 8.5,
        "volume": 139573,
        "typical_volume": 101770.55,
        "trend": 10.169361,
        "fair_value": 12.48792,
        "relative_strength": -35.268575,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.164052,
        "energy": 24.219334,
        "activity_lines": [
          9.053333,
          9.229701,
          9.12009,
          9.464344
        ]
      },
      {
        "date": "2026-06-26",
        "close": 8.05,
        "volume": 936926,
        "typical_volume": 141825.3,
        "trend": 10.059013,
        "fair_value": 12.502373,
        "relative_strength": -35.173057,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.968942,
        "energy": 43.797155,
        "activity_lines": [
          8.648,
          8.998054,
          9.016333,
          9.327611
        ]
      },
      {
        "date": "2026-07-03",
        "close": 8.23,
        "volume": 277247,
        "typical_volume": 146288.9,
        "trend": 9.908405,
        "fair_value": 12.518869,
        "relative_strength": -33.461807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.936538,
        "energy": 50.203411,
        "activity_lines": [
          8.418,
          8.816974,
          8.942532,
          9.209611
        ]
      },
      {
        "date": "2026-07-10",
        "close": 8.7,
        "volume": 73981,
        "typical_volume": 143429.85,
        "trend": 9.722907,
        "fair_value": 12.541106,
        "relative_strength": -30.177358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.779244,
        "energy": 46.98991,
        "activity_lines": [
          8.455333,
          8.756579,
          8.920954,
          9.131649
        ]
      },
      {
        "date": "2026-07-17",
        "close": 8.16,
        "volume": 76351,
        "typical_volume": 140240.1,
        "trend": 9.551791,
        "fair_value": 12.557979,
        "relative_strength": -31.024953,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.046217,
        "energy": 49.635173,
        "activity_lines": [
          8.326,
          8.608918,
          8.849623,
          9.030816
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.95,
        "volume": 80676,
        "typical_volume": 137546.8,
        "trend": 9.385902,
        "fair_value": 12.569608,
        "relative_strength": -31.108175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.205448,
        "energy": 42.622521,
        "activity_lines": [
          8.2,
          8.440909,
          8.762202,
          8.927475
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.91,
        "volume": 43210,
        "typical_volume": 135165.15,
        "trend": 9.254117,
        "fair_value": 12.579513,
        "relative_strength": -31.306771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.712693,
        "energy": 39.740125,
        "activity_lines": [
          8.097333,
          8.289636,
          8.67446,
          8.832255
        ]
      },
      {
        "date": "2026-08-07",
        "close": 8.15,
        "volume": 42773,
        "typical_volume": 131390.3,
        "trend": 9.139606,
        "fair_value": 12.590521,
        "relative_strength": -32.058622,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.16614,
        "energy": 40.682762,
        "activity_lines": [
          8.084,
          8.216,
          8.614297,
          8.761022
        ]
      }
    ],
    "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."
    }
  }
}