{
  "ticker": {
    "uuid": "123ebffa-dd30-40a6-837e-d2cf8948b35b",
    "symbol": "DUKE",
    "name": "Duke Capital Limited",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 81.376,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 75.018,
    "architecture_energy": 64.944,
    "architecture_maturity": 12.222,
    "architecture_confidence": 73.359,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 9.24,
        "rotation_up": 74.79,
        "upward_expansion": 90.31,
        "deceleration": 42.27,
        "rotation_down": 12.11,
        "downward_expansion": 12.31
      },
      "activity_lines": [
        0.272,
        0.268431,
        0.261987,
        0.259629
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 0.2775,
    "trend_reference": 0.257476,
    "distance_from_trend": 0.077769,
    "trend_direction": "Improving",
    "fair_value": 0.256576,
    "distance_from_fair_value": 0.081551,
    "fair_value_direction": "Improving",
    "relative_strength": -1.39322,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.084039,
    "excess_performance": 0.032804,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.077769,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.00898,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.081551,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.099495,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.013932,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.080719,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.084039,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.482714,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5719056,
      "relative_activity": 1.473155,
      "balance": 5.482714,
      "dry_up": 1.214495,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.039501,
      "annualized_volatility": 0.106216,
      "from_high_reference": -0.015525,
      "from_low_reference": 0.170763
    },
    "levels": {
      "trend_reference": 0.257476,
      "fair_value_reference": 0.256576,
      "structural_low": 0.241765,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": -0.021943,
        "positive_rate": 0.4375,
        "directional_follow_through": 0.4375,
        "median_excess_return": -0.022597,
        "regime_survival": 0.5,
        "best_return": 0.115699,
        "worst_return": -0.116786,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.042861,
        "positive_rate": 0.125,
        "directional_follow_through": 0.125,
        "median_excess_return": -0.073859,
        "regime_survival": 0.25,
        "best_return": 0.062292,
        "worst_return": -0.093608,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.005768,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.02919,
        "regime_survival": 0.333333,
        "best_return": 0.068996,
        "worst_return": -0.07704,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.02828,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.163923,
        "regime_survival": 0.0,
        "best_return": 0.057616,
        "worst_return": -0.158446,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-08",
        "end": "2024-11-15",
        "tenure": "New",
        "return": -0.072609,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-22",
        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-06",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": 0.105443,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-24",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.105257,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.116984,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.058363,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.042623,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-11-14",
        "tenure": "Established",
        "return": -0.076822,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-21",
        "end": "2026-02-13",
        "tenure": "Established",
        "return": 0.025878,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": -0.037982,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-15",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": 0.049996,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-19",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.01711,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-03",
        "end": "2026-07-17",
        "tenure": "New",
        "return": 0.019048,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.037383,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 0.237444,
        "volume": 1815245,
        "typical_volume": 2549471.4,
        "trend": 0.240426,
        "fair_value": 0.236286,
        "relative_strength": 3.555234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.822108,
        "energy": 17.105485,
        "activity_lines": [
          0.249379,
          0.252036,
          0.246413,
          0.242649
        ]
      },
      {
        "date": "2023-08-25",
        "close": 0.228022,
        "volume": 2523419,
        "typical_volume": 2516480.85,
        "trend": 0.239759,
        "fair_value": 0.236656,
        "relative_strength": -1.77233,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 4.566274,
        "energy": 15.28849,
        "activity_lines": [
          0.241213,
          0.247648,
          0.245292,
          0.241849
        ]
      },
      {
        "date": "2023-09-01",
        "close": 0.228022,
        "volume": 2157933,
        "typical_volume": 2349060.9,
        "trend": 0.239115,
        "fair_value": 0.237124,
        "relative_strength": -3.533623,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -26.728778,
        "energy": 31.930179,
        "activity_lines": [
          0.235057,
          0.243742,
          0.244139,
          0.241092
        ]
      },
      {
        "date": "2023-09-08",
        "close": 0.234429,
        "volume": 1101761,
        "typical_volume": 2087932.95,
        "trend": 0.238625,
        "fair_value": 0.237603,
        "relative_strength": -0.95001,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.789389,
        "energy": 31.279992,
        "activity_lines": [
          0.233047,
          0.241213,
          0.243556,
          0.240789
        ]
      },
      {
        "date": "2023-09-15",
        "close": 0.248751,
        "volume": 2776111,
        "typical_volume": 2119967.2,
        "trend": 0.238673,
        "fair_value": 0.238253,
        "relative_strength": 1.954585,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -5.474815,
        "energy": 18.204193,
        "activity_lines": [
          0.237268,
          0.241446,
          0.244275,
          0.241443
        ]
      },
      {
        "date": "2023-09-22",
        "close": 0.254404,
        "volume": 1976454,
        "typical_volume": 2096281.95,
        "trend": 0.238908,
        "fair_value": 0.238936,
        "relative_strength": 4.669077,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.067751,
        "energy": 15.869984,
        "activity_lines": [
          0.243625,
          0.242967,
          0.245454,
          0.242458
        ]
      },
      {
        "date": "2023-09-29",
        "close": 0.261717,
        "volume": 2096451,
        "typical_volume": 2084457.4,
        "trend": 0.239689,
        "fair_value": 0.239688,
        "relative_strength": 8.547614,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.134282,
        "energy": 33.599021,
        "activity_lines": [
          0.251289,
          0.245894,
          0.247208,
          0.243929
        ]
      },
      {
        "date": "2023-10-06",
        "close": 0.242473,
        "volume": 1549379,
        "typical_volume": 2040000.95,
        "trend": 0.239828,
        "fair_value": 0.240327,
        "relative_strength": 1.98274,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.289925,
        "energy": 27.806403,
        "activity_lines": [
          0.250292,
          0.245256,
          0.246955,
          0.244109
        ]
      },
      {
        "date": "2023-10-13",
        "close": 0.238624,
        "volume": 979876,
        "typical_volume": 1912050.25,
        "trend": 0.240043,
        "fair_value": 0.240991,
        "relative_strength": -1.017804,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.594801,
        "energy": 18.23795,
        "activity_lines": [
          0.247048,
          0.244205,
          0.246217,
          0.244031
        ]
      },
      {
        "date": "2023-10-20",
        "close": 0.234776,
        "volume": 1346366,
        "typical_volume": 1879583.3,
        "trend": 0.240046,
        "fair_value": 0.24162,
        "relative_strength": 0.01684,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.769306,
        "energy": 3.788787,
        "activity_lines": [
          0.242242,
          0.242775,
          0.245039,
          0.243691
        ]
      },
      {
        "date": "2023-10-27",
        "close": 0.234006,
        "volume": 1604304,
        "typical_volume": 1909270.95,
        "trend": 0.240037,
        "fair_value": 0.242324,
        "relative_strength": 1.22232,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.067261,
        "energy": 17.189577,
        "activity_lines": [
          0.238111,
          0.241528,
          0.243801,
          0.243302
        ]
      },
      {
        "date": "2023-11-03",
        "close": 0.242473,
        "volume": 4062700,
        "typical_volume": 2023333.65,
        "trend": 0.24074,
        "fair_value": 0.243043,
        "relative_strength": 2.879783,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.003771,
        "energy": 17.281725,
        "activity_lines": [
          0.238163,
          0.241882,
          0.243433,
          0.243459
        ]
      },
      {
        "date": "2023-11-10",
        "close": 0.242473,
        "volume": 2150439,
        "typical_volume": 2054317.65,
        "trend": 0.241505,
        "fair_value": 0.243582,
        "relative_strength": 3.568707,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.419255,
        "energy": 15.263847,
        "activity_lines": [
          0.239497,
          0.241974,
          0.243122,
          0.243571
        ]
      },
      {
        "date": "2023-11-17",
        "close": 0.244397,
        "volume": 1498040,
        "typical_volume": 2046373.35,
        "trend": 0.242272,
        "fair_value": 0.243994,
        "relative_strength": 2.239038,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.041776,
        "energy": 7.097073,
        "activity_lines": [
          0.241472,
          0.242153,
          0.242981,
          0.243757
        ]
      },
      {
        "date": "2023-11-24",
        "close": 0.240549,
        "volume": 2433875,
        "typical_volume": 2015974.55,
        "trend": 0.242542,
        "fair_value": 0.244322,
        "relative_strength": 0.861788,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.894239,
        "energy": 3.979489,
        "activity_lines": [
          0.24178,
          0.241451,
          0.242468,
          0.243646
        ]
      },
      {
        "date": "2023-12-01",
        "close": 0.242473,
        "volume": 3708189,
        "typical_volume": 2038090.25,
        "trend": 0.242999,
        "fair_value": 0.244663,
        "relative_strength": 1.205521,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.98955,
        "energy": 3.005912,
        "activity_lines": [
          0.242345,
          0.241248,
          0.242245,
          0.243641
        ]
      },
      {
        "date": "2023-12-08",
        "close": 0.243628,
        "volume": 5392201,
        "typical_volume": 2207305.4,
        "trend": 0.243618,
        "fair_value": 0.24509,
        "relative_strength": 1.514938,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.47942,
        "energy": 2.148818,
        "activity_lines": [
          0.24273,
          0.241472,
          0.242209,
          0.243682
        ]
      },
      {
        "date": "2023-12-15",
        "close": 0.250171,
        "volume": 1967262,
        "typical_volume": 2257580.45,
        "trend": 0.244701,
        "fair_value": 0.245559,
        "relative_strength": 4.03445,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.409795,
        "energy": 7.938204,
        "activity_lines": [
          0.245219,
          0.243215,
          0.242865,
          0.244105
        ]
      },
      {
        "date": "2023-12-22",
        "close": 0.248246,
        "volume": 2609841,
        "typical_volume": 2272883.9,
        "trend": 0.245535,
        "fair_value": 0.2459,
        "relative_strength": 1.691706,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 9.124033,
        "energy": 12.220731,
        "activity_lines": [
          0.246553,
          0.244467,
          0.243376,
          0.244334
        ]
      },
      {
        "date": "2023-12-29",
        "close": 0.261578,
        "volume": 2043488,
        "typical_volume": 2289666.7,
        "trend": 0.246334,
        "fair_value": 0.246342,
        "relative_strength": 6.617346,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.425924,
        "energy": 32.99591,
        "activity_lines": [
          0.252074,
          0.247969,
          0.245195,
          0.245369
        ]
      },
      {
        "date": "2024-01-05",
        "close": 0.259611,
        "volume": 1514579,
        "typical_volume": 2274633.4,
        "trend": 0.246748,
        "fair_value": 0.246914,
        "relative_strength": 6.309988,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 34.196984,
        "energy": 46.158829,
        "activity_lines": [
          0.255538,
          0.250626,
          0.246783,
          0.246225
        ]
      },
      {
        "date": "2024-01-12",
        "close": 0.259611,
        "volume": 3025237,
        "typical_volume": 2299724.3,
        "trend": 0.246915,
        "fair_value": 0.247505,
        "relative_strength": 6.989327,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.862298,
        "energy": 57.352922,
        "activity_lines": [
          0.25786,
          0.252817,
          0.248266,
          0.247055
        ]
      },
      {
        "date": "2024-01-19",
        "close": 0.267478,
        "volume": 1402050,
        "typical_volume": 2261930.15,
        "trend": 0.247841,
        "fair_value": 0.248145,
        "relative_strength": 12.31939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.504119,
        "energy": 67.097277,
        "activity_lines": [
          0.261738,
          0.256127,
          0.250348,
          0.248382
        ]
      },
      {
        "date": "2024-01-26",
        "close": 0.259611,
        "volume": 1285123,
        "typical_volume": 2271098.25,
        "trend": 0.248391,
        "fair_value": 0.248778,
        "relative_strength": 6.410889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.442383,
        "energy": 55.735396,
        "activity_lines": [
          0.26184,
          0.257552,
          0.251492,
          0.249141
        ]
      },
      {
        "date": "2024-02-02",
        "close": 0.253711,
        "volume": 1648399,
        "typical_volume": 2214712.65,
        "trend": 0.248079,
        "fair_value": 0.24923,
        "relative_strength": 4.133935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.7072,
        "energy": 34.41109,
        "activity_lines": [
          0.259218,
          0.257627,
          0.251955,
          0.249484
        ]
      },
      {
        "date": "2024-02-09",
        "close": 0.243877,
        "volume": 3232260,
        "typical_volume": 2277502.95,
        "trend": 0.24759,
        "fair_value": 0.249652,
        "relative_strength": 0.628452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.464834,
        "energy": 15.30392,
        "activity_lines": [
          0.253842,
          0.255675,
          0.251457,
          0.249213
        ]
      },
      {
        "date": "2024-02-16",
        "close": 0.243877,
        "volume": 14359686,
        "typical_volume": 2890664.7,
        "trend": 0.247114,
        "fair_value": 0.250017,
        "relative_strength": -1.229682,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 17.905544,
        "energy": 15.467213,
        "activity_lines": [
          0.249515,
          0.253698,
          0.25101,
          0.248973
        ]
      },
      {
        "date": "2024-02-23",
        "close": 0.24191,
        "volume": 6598666,
        "typical_volume": 3143129.05,
        "trend": 0.246572,
        "fair_value": 0.250334,
        "relative_strength": -1.957615,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.419983,
        "energy": 14.152159,
        "activity_lines": [
          0.245581,
          0.251359,
          0.25046,
          0.248638
        ]
      },
      {
        "date": "2024-03-01",
        "close": 0.234043,
        "volume": 12534822,
        "typical_volume": 3720876.35,
        "trend": 0.24583,
        "fair_value": 0.250458,
        "relative_strength": -4.879477,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.087631,
        "energy": 24.972255,
        "activity_lines": [
          0.24073,
          0.247739,
          0.249164,
          0.247829
        ]
      },
      {
        "date": "2024-03-08",
        "close": 0.257644,
        "volume": 6865522,
        "typical_volume": 3996834.15,
        "trend": 0.246001,
        "fair_value": 0.250693,
        "relative_strength": 4.84281,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.167118,
        "energy": 8.931425,
        "activity_lines": [
          0.24545,
          0.248669,
          0.250137,
          0.248592
        ]
      },
      {
        "date": "2024-03-15",
        "close": 0.261578,
        "volume": 4285348,
        "typical_volume": 4130886.35,
        "trend": 0.246805,
        "fair_value": 0.250842,
        "relative_strength": 5.372095,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.718587,
        "energy": 13.918785,
        "activity_lines": [
          0.251219,
          0.250385,
          0.251376,
          0.249597
        ]
      },
      {
        "date": "2024-03-22",
        "close": 0.255678,
        "volume": 3343010,
        "typical_volume": 4094901.85,
        "trend": 0.247727,
        "fair_value": 0.250889,
        "relative_strength": 0.319769,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.669195,
        "energy": 17.399786,
        "activity_lines": [
          0.253842,
          0.250993,
          0.251922,
          0.250169
        ]
      },
      {
        "date": "2024-03-29",
        "close": 0.269346,
        "volume": 1659595,
        "typical_volume": 4070359.65,
        "trend": 0.249105,
        "fair_value": 0.251097,
        "relative_strength": 5.194759,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 59.368104,
        "energy": 36.812113,
        "activity_lines": [
          0.260234,
          0.254158,
          0.253707,
          0.251564
        ]
      },
      {
        "date": "2024-04-05",
        "close": 0.255276,
        "volume": 2608158,
        "typical_volume": 4125865.55,
        "trend": 0.2498,
        "fair_value": 0.251193,
        "relative_strength": 0.002035,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.756502,
        "energy": 37.556584,
        "activity_lines": [
          0.260107,
          0.25473,
          0.254023,
          0.251962
        ]
      },
      {
        "date": "2024-04-12",
        "close": 0.261306,
        "volume": 3891287,
        "typical_volume": 4198736.15,
        "trend": 0.250218,
        "fair_value": 0.251322,
        "relative_strength": 0.995187,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.853798,
        "energy": 41.785693,
        "activity_lines": [
          0.260574,
          0.256478,
          0.254862,
          0.252704
        ]
      },
      {
        "date": "2024-04-19",
        "close": 0.255276,
        "volume": 2450900,
        "typical_volume": 4135871.7,
        "trend": 0.250247,
        "fair_value": 0.25148,
        "relative_strength": -0.347679,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.039556,
        "energy": 30.596639,
        "activity_lines": [
          0.258787,
          0.256991,
          0.255029,
          0.253031
        ]
      },
      {
        "date": "2024-04-26",
        "close": 0.253266,
        "volume": 6525281,
        "typical_volume": 4192525.7,
        "trend": 0.249966,
        "fair_value": 0.251625,
        "relative_strength": -4.184587,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.076729,
        "energy": 14.572607,
        "activity_lines": [
          0.25675,
          0.256931,
          0.254942,
          0.253225
        ]
      },
      {
        "date": "2024-05-03",
        "close": 0.255276,
        "volume": 1958895,
        "typical_volume": 4192107.35,
        "trend": 0.250392,
        "fair_value": 0.251762,
        "relative_strength": -4.385358,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.77067,
        "energy": 12.996363,
        "activity_lines": [
          0.255544,
          0.257067,
          0.255001,
          0.253568
        ]
      },
      {
        "date": "2024-05-10",
        "close": 0.261306,
        "volume": 4176003,
        "typical_volume": 4270415.45,
        "trend": 0.251148,
        "fair_value": 0.251918,
        "relative_strength": -4.793728,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.956335,
        "energy": 15.07524,
        "activity_lines": [
          0.257286,
          0.258055,
          0.25561,
          0.254272
        ]
      },
      {
        "date": "2024-05-17",
        "close": 0.261306,
        "volume": 2144068,
        "typical_volume": 4275444.45,
        "trend": 0.252033,
        "fair_value": 0.252084,
        "relative_strength": -4.808109,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.604431,
        "energy": 20.383747,
        "activity_lines": [
          0.258626,
          0.258548,
          0.256157,
          0.254927
        ]
      },
      {
        "date": "2024-05-24",
        "close": 0.263316,
        "volume": 1872424,
        "typical_volume": 4293336.7,
        "trend": 0.25301,
        "fair_value": 0.252272,
        "relative_strength": -3.02826,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.716387,
        "energy": 30.638808,
        "activity_lines": [
          0.260636,
          0.25934,
          0.256897,
          0.255655
        ]
      },
      {
        "date": "2024-05-31",
        "close": 0.261306,
        "volume": 1422384,
        "typical_volume": 4213194.05,
        "trend": 0.253637,
        "fair_value": 0.252469,
        "relative_strength": -3.297228,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.571316,
        "energy": 32.687997,
        "activity_lines": [
          0.26144,
          0.259735,
          0.257428,
          0.256191
        ]
      },
      {
        "date": "2024-06-07",
        "close": 0.257286,
        "volume": 1517431,
        "typical_volume": 4218963.1,
        "trend": 0.254131,
        "fair_value": 0.25263,
        "relative_strength": -4.35485,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.576484,
        "energy": 25.27176,
        "activity_lines": [
          0.260368,
          0.259296,
          0.257567,
          0.256426
        ]
      },
      {
        "date": "2024-06-14",
        "close": 0.251256,
        "volume": 2528005,
        "typical_volume": 4281107.2,
        "trend": 0.25436,
        "fair_value": 0.252659,
        "relative_strength": -5.329348,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.601697,
        "energy": 9.137204,
        "activity_lines": [
          0.257152,
          0.25798,
          0.257181,
          0.25624
        ]
      },
      {
        "date": "2024-06-21",
        "close": 0.247235,
        "volume": 6386326,
        "typical_volume": 4518003.55,
        "trend": 0.254583,
        "fair_value": 0.252671,
        "relative_strength": -7.756265,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.699364,
        "energy": 12.976073,
        "activity_lines": [
          0.253266,
          0.256007,
          0.256452,
          0.255781
        ]
      },
      {
        "date": "2024-06-28",
        "close": 0.25491,
        "volume": 5327867,
        "typical_volume": 4622783.9,
        "trend": 0.254997,
        "fair_value": 0.252659,
        "relative_strength": -3.975485,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.326525,
        "energy": 12.310615,
        "activity_lines": [
          0.252876,
          0.255684,
          0.256485,
          0.255802
        ]
      },
      {
        "date": "2024-07-05",
        "close": 0.256966,
        "volume": 3291079,
        "typical_volume": 4069353.55,
        "trend": 0.255442,
        "fair_value": 0.252619,
        "relative_strength": -3.388965,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.003089,
        "energy": 10.541372,
        "activity_lines": [
          0.253732,
          0.255743,
          0.25666,
          0.255929
        ]
      },
      {
        "date": "2024-07-12",
        "close": 0.263133,
        "volume": 3908262,
        "typical_volume": 3934833.35,
        "trend": 0.255874,
        "fair_value": 0.252638,
        "relative_strength": -1.488707,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.395876,
        "energy": 13.859959,
        "activity_lines": [
          0.256932,
          0.256855,
          0.257361,
          0.256425
        ]
      },
      {
        "date": "2024-07-19",
        "close": 0.275467,
        "volume": 2208967,
        "typical_volume": 3418540.6,
        "trend": 0.256781,
        "fair_value": 0.252727,
        "relative_strength": 4.352502,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.028072,
        "energy": 44.726683,
        "activity_lines": [
          0.263855,
          0.260066,
          0.259136,
          0.257689
        ]
      },
      {
        "date": "2024-07-26",
        "close": 0.277523,
        "volume": 3054672,
        "typical_volume": 3227998.1,
        "trend": 0.257313,
        "fair_value": 0.252756,
        "relative_strength": 3.485543,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.266046,
        "energy": 59.588772,
        "activity_lines": [
          0.269848,
          0.263395,
          0.260909,
          0.259027
        ]
      },
      {
        "date": "2024-08-02",
        "close": 0.275467,
        "volume": 1881036,
        "typical_volume": 3107782.5,
        "trend": 0.257841,
        "fair_value": 0.252782,
        "relative_strength": 4.124996,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.519571,
        "energy": 65.014819,
        "activity_lines": [
          0.273137,
          0.266054,
          0.262391,
          0.260199
        ]
      },
      {
        "date": "2024-08-09",
        "close": 0.271356,
        "volume": 2625823,
        "typical_volume": 3071923.15,
        "trend": 0.258233,
        "fair_value": 0.252646,
        "relative_strength": 2.674662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.41716,
        "energy": 63.538292,
        "activity_lines": [
          0.273686,
          0.267745,
          0.263416,
          0.261071
        ]
      },
      {
        "date": "2024-08-16",
        "close": 0.273412,
        "volume": 1440572,
        "typical_volume": 3060972.0,
        "trend": 0.258431,
        "fair_value": 0.252555,
        "relative_strength": 1.656787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.92165,
        "energy": 54.590037,
        "activity_lines": [
          0.27396,
          0.269627,
          0.264562,
          0.26205
        ]
      },
      {
        "date": "2024-08-23",
        "close": 0.267245,
        "volume": 1098363,
        "typical_volume": 2985482.25,
        "trend": 0.258685,
        "fair_value": 0.252383,
        "relative_strength": -0.891848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.846363,
        "energy": 31.998089,
        "activity_lines": [
          0.271493,
          0.270095,
          0.265101,
          0.262618
        ]
      },
      {
        "date": "2024-08-30",
        "close": 0.271356,
        "volume": 1640635,
        "typical_volume": 2872949.65,
        "trend": 0.259273,
        "fair_value": 0.252288,
        "relative_strength": -0.063165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.25643,
        "energy": 24.227307,
        "activity_lines": [
          0.270945,
          0.27102,
          0.265975,
          0.263436
        ]
      },
      {
        "date": "2024-09-06",
        "close": 0.271356,
        "volume": 2301018,
        "typical_volume": 2865455.55,
        "trend": 0.260189,
        "fair_value": 0.252132,
        "relative_strength": 2.209691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.457463,
        "energy": 22.228122,
        "activity_lines": [
          0.270808,
          0.271506,
          0.266801,
          0.264215
        ]
      },
      {
        "date": "2024-09-13",
        "close": 0.267245,
        "volume": 1839293,
        "typical_volume": 2631156.15,
        "trend": 0.260968,
        "fair_value": 0.251918,
        "relative_strength": -0.455963,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.263746,
        "energy": 17.141975,
        "activity_lines": [
          0.269575,
          0.270945,
          0.267159,
          0.264671
        ]
      },
      {
        "date": "2024-09-20",
        "close": 0.273412,
        "volume": 1701101,
        "typical_volume": 2618266.45,
        "trend": 0.262018,
        "fair_value": 0.251751,
        "relative_strength": 2.367631,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.145338,
        "energy": 21.101815,
        "activity_lines": [
          0.270671,
          0.271319,
          0.268038,
          0.265474
        ]
      },
      {
        "date": "2024-09-27",
        "close": 0.275137,
        "volume": 2276013,
        "typical_volume": 2523266.95,
        "trend": 0.263388,
        "fair_value": 0.251638,
        "relative_strength": 1.969945,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.355401,
        "energy": 26.492744,
        "activity_lines": [
          0.272342,
          0.271819,
          0.268994,
          0.26632
        ]
      },
      {
        "date": "2024-10-04",
        "close": 0.273036,
        "volume": 2448991,
        "typical_volume": 2538513.1,
        "trend": 0.263901,
        "fair_value": 0.251595,
        "relative_strength": 1.64517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.703334,
        "energy": 24.879044,
        "activity_lines": [
          0.272787,
          0.271944,
          0.269685,
          0.266942
        ]
      },
      {
        "date": "2024-10-11",
        "close": 0.277237,
        "volume": 2122388,
        "typical_volume": 2551011.3,
        "trend": 0.264423,
        "fair_value": 0.25159,
        "relative_strength": 3.411224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.014184,
        "energy": 32.175287,
        "activity_lines": [
          0.274521,
          0.272914,
          0.27072,
          0.267803
        ]
      },
      {
        "date": "2024-10-18",
        "close": 0.280177,
        "volume": 1160188,
        "typical_volume": 2537901.5,
        "trend": 0.26524,
        "fair_value": 0.251618,
        "relative_strength": 3.089938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.213511,
        "energy": 41.802057,
        "activity_lines": [
          0.276842,
          0.274386,
          0.271968,
          0.268819
        ]
      },
      {
        "date": "2024-10-25",
        "close": 0.268836,
        "volume": 2880054,
        "typical_volume": 2606032.65,
        "trend": 0.265223,
        "fair_value": 0.251612,
        "relative_strength": 0.2007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.287391,
        "energy": 26.134099,
        "activity_lines": [
          0.274521,
          0.273636,
          0.272047,
          0.269051
        ]
      },
      {
        "date": "2024-11-01",
        "close": 0.262535,
        "volume": 3710113,
        "typical_volume": 2665138.05,
        "trend": 0.265465,
        "fair_value": 0.251397,
        "relative_strength": -1.256999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 20.424386,
        "energy": 9.740879,
        "activity_lines": [
          0.270404,
          0.271824,
          0.27147,
          0.268878
        ]
      },
      {
        "date": "2024-11-08",
        "close": 0.254554,
        "volume": 20006691,
        "typical_volume": 3346156.3,
        "trend": 0.26524,
        "fair_value": 0.251162,
        "relative_strength": -2.934956,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.000886,
        "energy": 17.733182,
        "activity_lines": [
          0.264467,
          0.268646,
          0.27008,
          0.268174
        ]
      },
      {
        "date": "2024-11-15",
        "close": 0.236071,
        "volume": 9722947,
        "typical_volume": 3565910.3,
        "trend": 0.264599,
        "fair_value": 0.25083,
        "relative_strength": -9.708629,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.418549,
        "energy": 43.346419,
        "activity_lines": [
          0.253602,
          0.262413,
          0.266895,
          0.266292
        ]
      },
      {
        "date": "2024-11-22",
        "close": 0.235231,
        "volume": 5023048,
        "typical_volume": 3652508.75,
        "trend": 0.263998,
        "fair_value": 0.250598,
        "relative_strength": -12.000827,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.573743,
        "energy": 62.698393,
        "activity_lines": [
          0.2452,
          0.256669,
          0.263719,
          0.264397
        ]
      },
      {
        "date": "2024-11-29",
        "close": 0.235231,
        "volume": 5932881,
        "typical_volume": 3753739.7,
        "trend": 0.26333,
        "fair_value": 0.250195,
        "relative_strength": -12.068817,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -71.672364,
        "energy": 76.762188,
        "activity_lines": [
          0.239796,
          0.251506,
          0.260647,
          0.262541
        ]
      },
      {
        "date": "2024-12-06",
        "close": 0.237331,
        "volume": 3451728,
        "typical_volume": 3815877.75,
        "trend": 0.262531,
        "fair_value": 0.249849,
        "relative_strength": -11.31657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.765985,
        "energy": 74.802791,
        "activity_lines": [
          0.237331,
          0.24742,
          0.257907,
          0.260864
        ]
      },
      {
        "date": "2024-12-13",
        "close": 0.245733,
        "volume": 3151319,
        "typical_volume": 3820710.1,
        "trend": 0.262012,
        "fair_value": 0.249611,
        "relative_strength": -7.897418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.218252,
        "energy": 62.708097,
        "activity_lines": [
          0.239348,
          0.245549,
          0.25615,
          0.25978
        ]
      },
      {
        "date": "2024-12-20",
        "close": 0.252033,
        "volume": 3444065,
        "typical_volume": 3898861.55,
        "trend": 0.261636,
        "fair_value": 0.249386,
        "relative_strength": -2.953345,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.327323,
        "energy": 37.521727,
        "activity_lines": [
          0.244052,
          0.24532,
          0.255144,
          0.259136
        ]
      },
      {
        "date": "2024-12-27",
        "close": 0.258055,
        "volume": 841431,
        "typical_volume": 3809641.95,
        "trend": 0.261527,
        "fair_value": 0.249212,
        "relative_strength": -1.301775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.756975,
        "energy": 21.898718,
        "activity_lines": [
          0.2497,
          0.246644,
          0.254823,
          0.258905
        ]
      },
      {
        "date": "2025-01-03",
        "close": 0.264506,
        "volume": 1209638,
        "typical_volume": 3798095.25,
        "trend": 0.261768,
        "fair_value": 0.249185,
        "relative_strength": 0.348943,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.140616,
        "energy": 19.305253,
        "activity_lines": [
          0.255976,
          0.249543,
          0.255179,
          0.259097
        ]
      },
      {
        "date": "2025-01-10",
        "close": 0.270097,
        "volume": 6816079,
        "typical_volume": 4083981.05,
        "trend": 0.262396,
        "fair_value": 0.249151,
        "relative_strength": 2.245635,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.745348,
        "energy": 19.490913,
        "activity_lines": [
          0.262165,
          0.253537,
          0.256111,
          0.259635
        ]
      },
      {
        "date": "2025-01-17",
        "close": 0.262356,
        "volume": 4331020,
        "typical_volume": 4218500.3,
        "trend": 0.2629,
        "fair_value": 0.249122,
        "relative_strength": -3.39221,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 1.132901,
        "energy": 15.872123,
        "activity_lines": [
          0.263589,
          0.255987,
          0.256292,
          0.259632
        ]
      },
      {
        "date": "2025-01-24",
        "close": 0.258055,
        "volume": 2212151,
        "typical_volume": 4214056.95,
        "trend": 0.263005,
        "fair_value": 0.249128,
        "relative_strength": -4.735174,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.397693,
        "energy": 15.812239,
        "activity_lines": [
          0.26247,
          0.257512,
          0.256106,
          0.25932
        ]
      },
      {
        "date": "2025-01-31",
        "close": 0.250313,
        "volume": 5282874,
        "typical_volume": 4386236.0,
        "trend": 0.262783,
        "fair_value": 0.248936,
        "relative_strength": -9.176997,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.246706,
        "energy": 12.490211,
        "activity_lines": [
          0.25837,
          0.257231,
          0.255246,
          0.258501
        ]
      },
      {
        "date": "2025-02-07",
        "close": 0.249453,
        "volume": 3454837,
        "typical_volume": 4473922.8,
        "trend": 0.262327,
        "fair_value": 0.248791,
        "relative_strength": -9.571292,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.306431,
        "energy": 18.161643,
        "activity_lines": [
          0.254499,
          0.256518,
          0.254384,
          0.257641
        ]
      },
      {
        "date": "2025-02-14",
        "close": 0.260205,
        "volume": 3474571,
        "typical_volume": 4533850.7,
        "trend": 0.261818,
        "fair_value": 0.248705,
        "relative_strength": -5.915004,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.910686,
        "energy": 15.529322,
        "activity_lines": [
          0.255216,
          0.257502,
          0.254661,
          0.257504
        ]
      },
      {
        "date": "2025-02-21",
        "close": 0.260205,
        "volume": 2649179,
        "typical_volume": 4543860.1,
        "trend": 0.261241,
        "fair_value": 0.248662,
        "relative_strength": -5.043373,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.179956,
        "energy": 14.500216,
        "activity_lines": [
          0.256592,
          0.25807,
          0.255009,
          0.2574
        ]
      },
      {
        "date": "2025-02-28",
        "close": 0.258055,
        "volume": 1592420,
        "typical_volume": 4517361.7,
        "trend": 0.260661,
        "fair_value": 0.248754,
        "relative_strength": -7.368624,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.128867,
        "energy": 11.403559,
        "activity_lines": [
          0.257395,
          0.257984,
          0.255213,
          0.257194
        ]
      },
      {
        "date": "2025-03-07",
        "close": 0.260635,
        "volume": 1920212,
        "typical_volume": 4555362.9,
        "trend": 0.260303,
        "fair_value": 0.24882,
        "relative_strength": -4.834582,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.224431,
        "energy": 10.094539,
        "activity_lines": [
          0.259058,
          0.258258,
          0.255754,
          0.257193
        ]
      },
      {
        "date": "2025-03-14",
        "close": 0.266657,
        "volume": 1316070,
        "typical_volume": 4477163.7,
        "trend": 0.260078,
        "fair_value": 0.248797,
        "relative_strength": -1.92194,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.519667,
        "energy": 23.803273,
        "activity_lines": [
          0.26204,
          0.25958,
          0.256962,
          0.257602
        ]
      },
      {
        "date": "2025-03-21",
        "close": 0.258915,
        "volume": 3754526,
        "typical_volume": 4479384.35,
        "trend": 0.259801,
        "fair_value": 0.248651,
        "relative_strength": -4.795795,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.833687,
        "energy": 15.456795,
        "activity_lines": [
          0.261295,
          0.259455,
          0.257443,
          0.257527
        ]
      },
      {
        "date": "2025-03-28",
        "close": 0.246756,
        "volume": 6223506,
        "typical_volume": 3790225.1,
        "trend": 0.258981,
        "fair_value": 0.248537,
        "relative_strength": -9.094947,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.63143,
        "energy": 11.083364,
        "activity_lines": [
          0.256582,
          0.257322,
          0.256783,
          0.256686
        ]
      },
      {
        "date": "2025-04-04",
        "close": 0.230893,
        "volume": 7912966,
        "typical_volume": 3699726.05,
        "trend": 0.257632,
        "fair_value": 0.248288,
        "relative_strength": -8.359117,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -65.784836,
        "energy": 47.035858,
        "activity_lines": [
          0.247479,
          0.252589,
          0.25465,
          0.254874
        ]
      },
      {
        "date": "2025-04-11",
        "close": 0.233537,
        "volume": 4644768,
        "typical_volume": 3680812.05,
        "trend": 0.256508,
        "fair_value": 0.24798,
        "relative_strength": -6.059021,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.387187,
        "energy": 59.953978,
        "activity_lines": [
          0.241067,
          0.24883,
          0.252793,
          0.253319
        ]
      },
      {
        "date": "2025-04-18",
        "close": 0.223843,
        "volume": 10613369,
        "typical_volume": 3914836.45,
        "trend": 0.254856,
        "fair_value": 0.24761,
        "relative_strength": -13.064757,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.877794,
        "energy": 75.17497,
        "activity_lines": [
          0.233231,
          0.243614,
          0.250021,
          0.251212
        ]
      },
      {
        "date": "2025-04-25",
        "close": 0.231334,
        "volume": 5091171,
        "typical_volume": 3996808.6,
        "trend": 0.253396,
        "fair_value": 0.247288,
        "relative_strength": -11.447444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.139842,
        "energy": 72.093474,
        "activity_lines": [
          0.230746,
          0.240226,
          0.248016,
          0.249694
        ]
      },
      {
        "date": "2025-05-02",
        "close": 0.237944,
        "volume": 3309308,
        "typical_volume": 4004708.05,
        "trend": 0.252226,
        "fair_value": 0.247073,
        "relative_strength": -10.647812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.419003,
        "energy": 64.665679,
        "activity_lines": [
          0.232303,
          0.238564,
          0.24667,
          0.248697
        ]
      },
      {
        "date": "2025-05-09",
        "close": 0.253366,
        "volume": 2387133,
        "typical_volume": 3951861.45,
        "trend": 0.25143,
        "fair_value": 0.24711,
        "relative_strength": -4.312747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.217725,
        "energy": 29.791858,
        "activity_lines": [
          0.239589,
          0.240112,
          0.246829,
          0.248771
        ]
      },
      {
        "date": "2025-05-16",
        "close": 0.251163,
        "volume": 1671517,
        "typical_volume": 3993365.75,
        "trend": 0.250463,
        "fair_value": 0.247143,
        "relative_strength": -6.439653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.742432,
        "energy": 15.613284,
        "activity_lines": [
          0.244641,
          0.241343,
          0.246772,
          0.248754
        ]
      },
      {
        "date": "2025-05-23",
        "close": 0.253366,
        "volume": 3521607,
        "typical_volume": 4108964.2,
        "trend": 0.249948,
        "fair_value": 0.247184,
        "relative_strength": -5.828559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.116311,
        "energy": 17.562691,
        "activity_lines": [
          0.249253,
          0.243148,
          0.246958,
          0.248941
        ]
      },
      {
        "date": "2025-05-30",
        "close": 0.260857,
        "volume": 2052671,
        "typical_volume": 3870793.8,
        "trend": 0.249892,
        "fair_value": 0.247268,
        "relative_strength": -3.534933,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 13.712621,
        "energy": 22.240075,
        "activity_lines": [
          0.254394,
          0.246556,
          0.24791,
          0.249645
        ]
      },
      {
        "date": "2025-06-06",
        "close": 0.264382,
        "volume": 4068521,
        "typical_volume": 3857668.85,
        "trend": 0.250219,
        "fair_value": 0.247408,
        "relative_strength": -2.877874,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.618198,
        "energy": 30.323204,
        "activity_lines": [
          0.258742,
          0.25057,
          0.249242,
          0.25058
        ]
      },
      {
        "date": "2025-06-13",
        "close": 0.262179,
        "volume": 2688087,
        "typical_volume": 3881465.65,
        "trend": 0.25109,
        "fair_value": 0.247558,
        "relative_strength": -3.752161,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.73755,
        "energy": 34.027599,
        "activity_lines": [
          0.260593,
          0.253863,
          0.250355,
          0.251351
        ]
      },
      {
        "date": "2025-06-20",
        "close": 0.255569,
        "volume": 2051745,
        "typical_volume": 3719909.2,
        "trend": 0.251767,
        "fair_value": 0.247652,
        "relative_strength": -5.314731,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.929531,
        "energy": 26.602841,
        "activity_lines": [
          0.259652,
          0.255385,
          0.250818,
          0.25164
        ]
      },
      {
        "date": "2025-06-27",
        "close": 0.270786,
        "volume": 4459377,
        "typical_volume": 3770136.2,
        "trend": 0.252953,
        "fair_value": 0.247857,
        "relative_strength": 0.075109,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.836895,
        "energy": 31.101301,
        "activity_lines": [
          0.263491,
          0.259273,
          0.252706,
          0.252867
        ]
      },
      {
        "date": "2025-07-04",
        "close": 0.279812,
        "volume": 5514144,
        "typical_volume": 3872114.85,
        "trend": 0.254369,
        "fair_value": 0.24823,
        "relative_strength": 3.104308,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 73.144306,
        "energy": 58.409179,
        "activity_lines": [
          0.269177,
          0.263949,
          0.255352,
          0.2546
        ]
      },
      {
        "date": "2025-07-11",
        "close": 0.275299,
        "volume": 5350831,
        "typical_volume": 4007197.45,
        "trend": 0.255354,
        "fair_value": 0.248452,
        "relative_strength": 0.168816,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.457686,
        "energy": 61.124783,
        "activity_lines": [
          0.272095,
          0.266923,
          0.257474,
          0.25595
        ]
      },
      {
        "date": "2025-07-18",
        "close": 0.275299,
        "volume": 6107274,
        "typical_volume": 4232940.15,
        "trend": 0.25613,
        "fair_value": 0.248686,
        "relative_strength": -0.201985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.592831,
        "energy": 66.026971,
        "activity_lines": [
          0.274285,
          0.269218,
          0.259525,
          0.257237
        ]
      },
      {
        "date": "2025-07-25",
        "close": 0.261759,
        "volume": 2480935,
        "typical_volume": 4260976.3,
        "trend": 0.256253,
        "fair_value": 0.248866,
        "relative_strength": -6.162191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.332686,
        "energy": 50.396695,
        "activity_lines": [
          0.271087,
          0.268652,
          0.260204,
          0.2576
        ]
      },
      {
        "date": "2025-08-01",
        "close": 0.264016,
        "volume": 2731766,
        "typical_volume": 4331761.1,
        "trend": 0.256237,
        "fair_value": 0.249072,
        "relative_strength": -4.538339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.707891,
        "energy": 26.906864,
        "activity_lines": [
          0.268228,
          0.268304,
          0.261093,
          0.258101
        ]
      },
      {
        "date": "2025-08-08",
        "close": 0.263565,
        "volume": 2191718,
        "typical_volume": 4253620.7,
        "trend": 0.256019,
        "fair_value": 0.249274,
        "relative_strength": -4.730361,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.245115,
        "energy": 19.324481,
        "activity_lines": [
          0.265671,
          0.26768,
          0.261951,
          0.258574
        ]
      },
      {
        "date": "2025-08-15",
        "close": 0.275299,
        "volume": 1882175,
        "typical_volume": 4036554.15,
        "trend": 0.256451,
        "fair_value": 0.249588,
        "relative_strength": -0.785424,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.449012,
        "energy": 22.183331,
        "activity_lines": [
          0.268108,
          0.269141,
          0.263904,
          0.259818
        ]
      },
      {
        "date": "2025-08-22",
        "close": 0.269883,
        "volume": 1701048,
        "typical_volume": 3725958.25,
        "trend": 0.256845,
        "fair_value": 0.249986,
        "relative_strength": -4.451671,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.067004,
        "energy": 22.387073,
        "activity_lines": [
          0.26874,
          0.269418,
          0.265206,
          0.260684
        ]
      },
      {
        "date": "2025-08-29",
        "close": 0.266272,
        "volume": 2329852,
        "typical_volume": 3610212.45,
        "trend": 0.257377,
        "fair_value": 0.25035,
        "relative_strength": -4.14655,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.505539,
        "energy": 21.984516,
        "activity_lines": [
          0.268529,
          0.268898,
          0.265978,
          0.261293
        ]
      },
      {
        "date": "2025-09-05",
        "close": 0.261759,
        "volume": 2120454,
        "typical_volume": 3185566.7,
        "trend": 0.257787,
        "fair_value": 0.250508,
        "relative_strength": -5.700728,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.197353,
        "energy": 19.668338,
        "activity_lines": [
          0.266513,
          0.267364,
          0.266165,
          0.261575
        ]
      },
      {
        "date": "2025-09-12",
        "close": 0.259503,
        "volume": 1920844,
        "typical_volume": 3027050.35,
        "trend": 0.257764,
        "fair_value": 0.250652,
        "relative_strength": -7.011746,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.969251,
        "energy": 10.074498,
        "activity_lines": [
          0.263895,
          0.265583,
          0.265956,
          0.261686
        ]
      },
      {
        "date": "2025-09-19",
        "close": 0.264016,
        "volume": 2446739,
        "typical_volume": 2983921.9,
        "trend": 0.257891,
        "fair_value": 0.250837,
        "relative_strength": -4.431218,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.37766,
        "energy": 12.383307,
        "activity_lines": [
          0.263053,
          0.264992,
          0.266043,
          0.262089
        ]
      },
      {
        "date": "2025-09-26",
        "close": 0.268013,
        "volume": 2611289,
        "typical_volume": 2995129.7,
        "trend": 0.258223,
        "fair_value": 0.251171,
        "relative_strength": -3.435709,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.845718,
        "energy": 12.500178,
        "activity_lines": [
          0.264295,
          0.265333,
          0.266387,
          0.262743
        ]
      },
      {
        "date": "2025-10-03",
        "close": 0.265703,
        "volume": 3656244,
        "typical_volume": 3094366.05,
        "trend": 0.258391,
        "fair_value": 0.251501,
        "relative_strength": -6.049906,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.963492,
        "energy": 9.122268,
        "activity_lines": [
          0.264892,
          0.265387,
          0.26644,
          0.263225
        ]
      },
      {
        "date": "2025-10-10",
        "close": 0.258771,
        "volume": 3999729,
        "typical_volume": 3118272.15,
        "trend": 0.258129,
        "fair_value": 0.251776,
        "relative_strength": -7.515241,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.090308,
        "energy": 4.800205,
        "activity_lines": [
          0.263216,
          0.264108,
          0.265764,
          0.26325
        ]
      },
      {
        "date": "2025-10-17",
        "close": 0.258771,
        "volume": 9223224,
        "typical_volume": 3476799.8,
        "trend": 0.258124,
        "fair_value": 0.251994,
        "relative_strength": -6.439352,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.043322,
        "energy": 6.273426,
        "activity_lines": [
          0.261739,
          0.262925,
          0.265063,
          0.263291
        ]
      },
      {
        "date": "2025-10-24",
        "close": 0.258771,
        "volume": 4618428,
        "typical_volume": 3504295.15,
        "trend": 0.258524,
        "fair_value": 0.252189,
        "relative_strength": -8.920596,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 7.02764,
        "energy": 11.263247,
        "activity_lines": [
          0.260311,
          0.261829,
          0.264371,
          0.263333
        ]
      },
      {
        "date": "2025-10-31",
        "close": 0.258771,
        "volume": 2622275,
        "typical_volume": 3501004.55,
        "trend": 0.259454,
        "fair_value": 0.252475,
        "relative_strength": -9.268268,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -12.197999,
        "energy": 17.736052,
        "activity_lines": [
          0.259233,
          0.261034,
          0.263706,
          0.263349
        ]
      },
      {
        "date": "2025-11-07",
        "close": 0.258771,
        "volume": 3696498,
        "typical_volume": 3583242.2,
        "trend": 0.260295,
        "fair_value": 0.25267,
        "relative_strength": -8.655314,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -21.550578,
        "energy": 22.283916,
        "activity_lines": [
          0.258771,
          0.26044,
          0.263058,
          0.263305
        ]
      },
      {
        "date": "2025-11-14",
        "close": 0.25415,
        "volume": 2945624,
        "typical_volume": 3507554.55,
        "trend": 0.261305,
        "fair_value": 0.252874,
        "relative_strength": -10.251516,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.158599,
        "energy": 26.936548,
        "activity_lines": [
          0.257231,
          0.259143,
          0.261954,
          0.262908
        ]
      },
      {
        "date": "2025-11-21",
        "close": 0.25184,
        "volume": 3327902,
        "typical_volume": 3398242.45,
        "trend": 0.261989,
        "fair_value": 0.252934,
        "relative_strength": -9.46424,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -31.122865,
        "energy": 31.507813,
        "activity_lines": [
          0.255228,
          0.257564,
          0.260709,
          0.262298
        ]
      },
      {
        "date": "2025-11-28",
        "close": 0.252302,
        "volume": 4045833,
        "typical_volume": 3332992.55,
        "trend": 0.262467,
        "fair_value": 0.252918,
        "relative_strength": -10.842373,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.798674,
        "energy": 41.805884,
        "activity_lines": [
          0.253842,
          0.256209,
          0.259641,
          0.261673
        ]
      },
      {
        "date": "2025-12-05",
        "close": 0.261082,
        "volume": 2318601,
        "typical_volume": 3143558.9,
        "trend": 0.262724,
        "fair_value": 0.252917,
        "relative_strength": -7.13362,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.427368,
        "energy": 30.14065,
        "activity_lines": [
          0.255814,
          0.256662,
          0.259519,
          0.261583
        ]
      },
      {
        "date": "2025-12-12",
        "close": 0.263392,
        "volume": 2046397,
        "typical_volume": 3121832.0,
        "trend": 0.263132,
        "fair_value": 0.252983,
        "relative_strength": -5.993715,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.935276,
        "energy": 15.35817,
        "activity_lines": [
          0.258402,
          0.257662,
          0.259685,
          0.261626
        ]
      },
      {
        "date": "2025-12-19",
        "close": 0.270323,
        "volume": 3983346,
        "typical_volume": 3184411.0,
        "trend": 0.263697,
        "fair_value": 0.253107,
        "relative_strength": -5.700223,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.462408,
        "energy": 11.897447,
        "activity_lines": [
          0.262992,
          0.259964,
          0.260503,
          0.26209
        ]
      },
      {
        "date": "2025-12-26",
        "close": 0.256461,
        "volume": 6401108,
        "typical_volume": 3394880.5,
        "trend": 0.263551,
        "fair_value": 0.253165,
        "relative_strength": -9.954152,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.754422,
        "energy": 18.417782,
        "activity_lines": [
          0.261883,
          0.259536,
          0.259971,
          0.261623
        ]
      },
      {
        "date": "2026-01-02",
        "close": 0.258357,
        "volume": 5484732,
        "typical_volume": 3575008.35,
        "trend": 0.26335,
        "fair_value": 0.253236,
        "relative_strength": -9.647996,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.483456,
        "energy": 15.462643,
        "activity_lines": [
          0.261098,
          0.259494,
          0.259654,
          0.261288
        ]
      },
      {
        "date": "2026-01-09",
        "close": 0.25409,
        "volume": 17516431,
        "typical_volume": 4365777.5,
        "trend": 0.26308,
        "fair_value": 0.253326,
        "relative_strength": -12.21362,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.256109,
        "energy": 17.795979,
        "activity_lines": [
          0.258487,
          0.258684,
          0.25901,
          0.260691
        ]
      },
      {
        "date": "2026-01-16",
        "close": 0.252194,
        "volume": 6829755,
        "typical_volume": 4590772.65,
        "trend": 0.262968,
        "fair_value": 0.253392,
        "relative_strength": -13.449671,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.413577,
        "energy": 29.704787,
        "activity_lines": [
          0.25571,
          0.257614,
          0.258262,
          0.259989
        ]
      },
      {
        "date": "2026-01-23",
        "close": 0.255987,
        "volume": 9001356,
        "typical_volume": 4934817.75,
        "trend": 0.262474,
        "fair_value": 0.253443,
        "relative_strength": -11.044709,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.429747,
        "energy": 32.055365,
        "activity_lines": [
          0.254944,
          0.257354,
          0.257941,
          0.259538
        ]
      },
      {
        "date": "2026-01-30",
        "close": 0.255987,
        "volume": 6058788,
        "typical_volume": 5141714.95,
        "trend": 0.26168,
        "fair_value": 0.253498,
        "relative_strength": -11.512606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.238256,
        "energy": 31.42678,
        "activity_lines": [
          0.255133,
          0.25706,
          0.257648,
          0.25912
        ]
      },
      {
        "date": "2026-02-06",
        "close": 0.255987,
        "volume": 7525412,
        "typical_volume": 5395648.6,
        "trend": 0.261036,
        "fair_value": 0.253542,
        "relative_strength": -12.524085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.581717,
        "energy": 25.327065,
        "activity_lines": [
          0.255355,
          0.256691,
          0.257372,
          0.258752
        ]
      },
      {
        "date": "2026-02-13",
        "close": 0.258357,
        "volume": 5117888,
        "typical_volume": 5520978.55,
        "trend": 0.260472,
        "fair_value": 0.253613,
        "relative_strength": -12.058008,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.972717,
        "energy": 16.859705,
        "activity_lines": [
          0.256524,
          0.256686,
          0.25736,
          0.25858
        ]
      },
      {
        "date": "2026-02-20",
        "close": 0.260727,
        "volume": 6240268,
        "typical_volume": 5650179.75,
        "trend": 0.260437,
        "fair_value": 0.253699,
        "relative_strength": -12.911915,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.538173,
        "energy": 10.048897,
        "activity_lines": [
          0.258199,
          0.257161,
          0.257619,
          0.258596
        ]
      },
      {
        "date": "2026-02-27",
        "close": 0.258357,
        "volume": 4332482,
        "typical_volume": 5666817.4,
        "trend": 0.260249,
        "fair_value": 0.253827,
        "relative_strength": -15.145935,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.148095,
        "energy": 11.157505,
        "activity_lines": [
          0.258515,
          0.257254,
          0.257676,
          0.258462
        ]
      },
      {
        "date": "2026-03-06",
        "close": 0.260727,
        "volume": 5820725,
        "typical_volume": 5496692.45,
        "trend": 0.260154,
        "fair_value": 0.253971,
        "relative_strength": -8.863337,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.016018,
        "energy": 7.892469,
        "activity_lines": [
          0.259463,
          0.257995,
          0.257961,
          0.258493
        ]
      },
      {
        "date": "2026-03-13",
        "close": 0.255987,
        "volume": 6568441,
        "typical_volume": 5594193.1,
        "trend": 0.25951,
        "fair_value": 0.254124,
        "relative_strength": -9.944357,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.739222,
        "energy": 8.718304,
        "activity_lines": [
          0.258515,
          0.257797,
          0.257786,
          0.258224
        ]
      },
      {
        "date": "2026-03-20",
        "close": 0.251246,
        "volume": 6452630,
        "typical_volume": 5785710.85,
        "trend": 0.258889,
        "fair_value": 0.25423,
        "relative_strength": -8.262738,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.302257,
        "energy": 20.321932,
        "activity_lines": [
          0.255987,
          0.25678,
          0.257172,
          0.257691
        ]
      },
      {
        "date": "2026-03-27",
        "close": 0.250824,
        "volume": 6415897,
        "typical_volume": 5921680.8,
        "trend": 0.258374,
        "fair_value": 0.254336,
        "relative_strength": -8.655946,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.550418,
        "energy": 30.112213,
        "activity_lines": [
          0.253792,
          0.255738,
          0.256553,
          0.25717
        ]
      },
      {
        "date": "2026-04-03",
        "close": 0.249363,
        "volume": 3258251,
        "typical_volume": 5937312.15,
        "trend": 0.257961,
        "fair_value": 0.254515,
        "relative_strength": -12.978356,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.475605,
        "energy": 37.664358,
        "activity_lines": [
          0.25177,
          0.254455,
          0.255834,
          0.256589
        ]
      },
      {
        "date": "2026-04-10",
        "close": 0.255694,
        "volume": 4150912,
        "typical_volume": 5978462.65,
        "trend": 0.257834,
        "fair_value": 0.254747,
        "relative_strength": -11.8299,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.776606,
        "energy": 35.362636,
        "activity_lines": [
          0.252458,
          0.254443,
          0.25574,
          0.256443
        ]
      },
      {
        "date": "2026-04-17",
        "close": 0.255694,
        "volume": 5052982,
        "typical_volume": 6028820.1,
        "trend": 0.257557,
        "fair_value": 0.254967,
        "relative_strength": -12.194449,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.193091,
        "energy": 26.503228,
        "activity_lines": [
          0.253482,
          0.254437,
          0.255628,
          0.256305
        ]
      },
      {
        "date": "2026-04-24",
        "close": 0.253259,
        "volume": 4668626,
        "typical_volume": 6146321.35,
        "trend": 0.257065,
        "fair_value": 0.2551,
        "relative_strength": -10.418278,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.880604,
        "energy": 20.13559,
        "activity_lines": [
          0.253714,
          0.253994,
          0.255267,
          0.256027
        ]
      },
      {
        "date": "2026-05-01",
        "close": 0.250824,
        "volume": 4568319,
        "typical_volume": 6272417.45,
        "trend": 0.256569,
        "fair_value": 0.255242,
        "relative_strength": -10.930766,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.856158,
        "energy": 20.133677,
        "activity_lines": [
          0.252999,
          0.253201,
          0.254713,
          0.255625
        ]
      },
      {
        "date": "2026-05-08",
        "close": 0.250824,
        "volume": 3029006,
        "typical_volume": 6224700.45,
        "trend": 0.256304,
        "fair_value": 0.255407,
        "relative_strength": -9.465115,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.941557,
        "energy": 22.179205,
        "activity_lines": [
          0.252285,
          0.252587,
          0.254218,
          0.255254
        ]
      },
      {
        "date": "2026-05-15",
        "close": 0.243519,
        "volume": 5032791,
        "typical_volume": 6156284.6,
        "trend": 0.255796,
        "fair_value": 0.255573,
        "relative_strength": -11.460158,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.755431,
        "energy": 41.567384,
        "activity_lines": [
          0.249038,
          0.250783,
          0.25312,
          0.254429
        ]
      },
      {
        "date": "2026-05-22",
        "close": 0.248389,
        "volume": 3696626,
        "typical_volume": 6066879.3,
        "trend": 0.255449,
        "fair_value": 0.255734,
        "relative_strength": -11.691465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.218916,
        "energy": 42.097408,
        "activity_lines": [
          0.248227,
          0.250176,
          0.252547,
          0.253951
        ]
      },
      {
        "date": "2026-05-29",
        "close": 0.250824,
        "volume": 4867488,
        "typical_volume": 5434432.15,
        "trend": 0.255185,
        "fair_value": 0.255819,
        "relative_strength": -9.974123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.889299,
        "energy": 36.783047,
        "activity_lines": [
          0.248714,
          0.250151,
          0.252254,
          0.253653
        ]
      },
      {
        "date": "2026-06-05",
        "close": 0.250824,
        "volume": 4966744,
        "typical_volume": 5341281.6,
        "trend": 0.25492,
        "fair_value": 0.255842,
        "relative_strength": -9.243223,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.309012,
        "energy": 30.005047,
        "activity_lines": [
          0.249363,
          0.250133,
          0.251976,
          0.253372
        ]
      },
      {
        "date": "2026-06-12",
        "close": 0.255694,
        "volume": 900509,
        "typical_volume": 4936239.25,
        "trend": 0.254971,
        "fair_value": 0.255849,
        "relative_strength": -8.051126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -25.629477,
        "energy": 11.378499,
        "activity_lines": [
          0.251636,
          0.251001,
          0.252169,
          0.253422
        ]
      },
      {
        "date": "2026-06-19",
        "close": 0.263,
        "volume": 2632945,
        "typical_volume": 4764947.1,
        "trend": 0.255343,
        "fair_value": 0.255998,
        "relative_strength": -4.174518,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.936116,
        "energy": 16.348386,
        "activity_lines": [
          0.256019,
          0.253082,
          0.253059,
          0.25394
        ]
      },
      {
        "date": "2026-06-26",
        "close": 0.2675,
        "volume": 1408121,
        "typical_volume": 4459082.55,
        "trend": 0.25585,
        "fair_value": 0.256155,
        "relative_strength": -3.504418,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.161795,
        "energy": 35.358841,
        "activity_lines": [
          0.260604,
          0.255848,
          0.254344,
          0.254724
        ]
      },
      {
        "date": "2026-07-03",
        "close": 0.2625,
        "volume": 1024181,
        "typical_volume": 4254397.2,
        "trend": 0.255897,
        "fair_value": 0.256151,
        "relative_strength": -6.337316,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 21.038864,
        "energy": 42.21137,
        "activity_lines": [
          0.262247,
          0.257491,
          0.255098,
          0.255153
        ]
      },
      {
        "date": "2026-07-10",
        "close": 0.265,
        "volume": 3110698,
        "typical_volume": 4097918.7,
        "trend": 0.255951,
        "fair_value": 0.256192,
        "relative_strength": -3.416134,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.333848,
        "energy": 54.084039,
        "activity_lines": [
          0.263946,
          0.25942,
          0.256071,
          0.25574
        ]
      },
      {
        "date": "2026-07-17",
        "close": 0.2675,
        "volume": 5720285,
        "typical_volume": 4167308.85,
        "trend": 0.255857,
        "fair_value": 0.256252,
        "relative_strength": -3.069472,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 65.673452,
        "energy": 63.791031,
        "activity_lines": [
          0.265533,
          0.261546,
          0.257261,
          0.256485
        ]
      },
      {
        "date": "2026-07-24",
        "close": 0.2675,
        "volume": 2267311,
        "typical_volume": 3989638.15,
        "trend": 0.256224,
        "fair_value": 0.256312,
        "relative_strength": -4.027195,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.057043,
        "energy": 54.956655,
        "activity_lines": [
          0.266333,
          0.263369,
          0.258408,
          0.257237
        ]
      },
      {
        "date": "2026-07-31",
        "close": 0.2725,
        "volume": 5152917,
        "typical_volume": 3918861.95,
        "trend": 0.256696,
        "fair_value": 0.256416,
        "relative_strength": -3.129961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.827191,
        "energy": 59.461532,
        "activity_lines": [
          0.2685,
          0.265665,
          0.259998,
          0.258287
        ]
      },
      {
        "date": "2026-08-07",
        "close": 0.2775,
        "volume": 5719056,
        "typical_volume": 3882183.25,
        "trend": 0.257476,
        "fair_value": 0.256576,
        "relative_strength": -1.39322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.017823,
        "energy": 64.944387,
        "activity_lines": [
          0.272,
          0.268431,
          0.261987,
          0.259629
        ]
      }
    ],
    "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."
    }
  }
}