{
  "ticker": {
    "uuid": "21297a09-aa9b-4ab4-b13f-c095f19876b9",
    "symbol": "PBYI",
    "name": "Puma Biotechnology Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 75.222,
    "architecture_energy": 50.405,
    "architecture_maturity": 43.54,
    "architecture_confidence": 80.9,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 14.9,
        "rotation_up": 63.01,
        "upward_expansion": 79.11,
        "deceleration": 64.83,
        "rotation_down": 17.27,
        "downward_expansion": 5.78
      },
      "activity_lines": [
        8.351333,
        8.184182,
        7.835619,
        7.538
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 8.91,
    "trend_reference": 7.173,
    "distance_from_trend": 0.242158,
    "trend_direction": "Improving",
    "fair_value": 4.511282,
    "distance_from_fair_value": 0.975048,
    "fair_value_direction": "Improving",
    "relative_strength": 23.211727,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.283862,
    "excess_performance": 0.096408,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.242158,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.125471,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.975048,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.171399,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.232117,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.039973,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.283862,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.4499,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2068396,
      "relative_activity": 1.430728,
      "balance": 1.4499,
      "dry_up": 1.150653,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.086212,
      "annualized_volatility": 0.462343,
      "from_high_reference": -0.052118,
      "from_low_reference": 1.401617
    },
    "levels": {
      "trend_reference": 7.173,
      "fair_value_reference": 4.511282,
      "structural_low": 5.5,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 25,
        "median_return": -0.049438,
        "positive_rate": 0.44,
        "directional_follow_through": 0.44,
        "median_excess_return": -0.040922,
        "regime_survival": 0.64,
        "best_return": 0.344969,
        "worst_return": -0.241935,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.141901,
        "positive_rate": 0.777778,
        "directional_follow_through": 0.777778,
        "median_excess_return": 0.098232,
        "regime_survival": 0.333333,
        "best_return": 0.334328,
        "worst_return": -0.278652,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.333148,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.212788,
        "regime_survival": 0.5,
        "best_return": 0.765499,
        "worst_return": -0.612214,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.225256,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.000946,
        "regime_survival": 0.0,
        "best_return": 0.777108,
        "worst_return": -0.315364,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-05-24",
        "end": "2024-06-14",
        "tenure": "New",
        "return": -0.2225,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-21",
        "end": "2024-11-01",
        "tenure": "Established",
        "return": -0.013378,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-08",
        "end": "2025-03-07",
        "tenure": "Established",
        "return": 0.21875,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.126506,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.319149,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.020896,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-01",
        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.201954,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-15",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": -0.146597,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.160396,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-19",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": 0.0746,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": 0.318644,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.052209,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-29",
        "end": "2026-06-19",
        "tenure": "New",
        "return": 0.054393,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.098644,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 3.465,
        "volume": 536508,
        "typical_volume": 995278.95,
        "trend": 3.352,
        "fair_value": 5.637404,
        "relative_strength": -11.933311,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.69246,
        "energy": 42.357967,
        "activity_lines": [
          3.665667,
          3.576545,
          3.439167,
          3.333172
        ]
      },
      {
        "date": "2023-08-25",
        "close": 3.71,
        "volume": 643965,
        "typical_volume": 961311.55,
        "trend": 3.334333,
        "fair_value": 5.596699,
        "relative_strength": -7.237997,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.364506,
        "energy": 51.520703,
        "activity_lines": [
          3.683333,
          3.608818,
          3.479214,
          3.356269
        ]
      },
      {
        "date": "2023-09-01",
        "close": 3.7,
        "volume": 752909,
        "typical_volume": 955481.35,
        "trend": 3.309,
        "fair_value": 5.558686,
        "relative_strength": -10.967946,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.890243,
        "energy": 36.176003,
        "activity_lines": [
          3.686333,
          3.635818,
          3.514976,
          3.37986
        ]
      },
      {
        "date": "2023-09-08",
        "close": 3.31,
        "volume": 640268,
        "typical_volume": 925369.2,
        "trend": 3.273,
        "fair_value": 5.519006,
        "relative_strength": -19.26698,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.938726,
        "energy": 16.163987,
        "activity_lines": [
          3.552,
          3.589182,
          3.510357,
          3.379925
        ]
      },
      {
        "date": "2023-09-15",
        "close": 3.06,
        "volume": 570240,
        "typical_volume": 929493.25,
        "trend": 3.229667,
        "fair_value": 5.472212,
        "relative_strength": -24.9767,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 10.334696,
        "energy": 11.813783,
        "activity_lines": [
          3.368333,
          3.501091,
          3.479381,
          3.366183
        ]
      },
      {
        "date": "2023-09-22",
        "close": 2.89,
        "volume": 756237,
        "typical_volume": 902470.9,
        "trend": 3.193667,
        "fair_value": 5.427917,
        "relative_strength": -26.631691,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -26.830819,
        "energy": 27.228472,
        "activity_lines": [
          3.182,
          3.383,
          3.430405,
          3.344269
        ]
      },
      {
        "date": "2023-09-29",
        "close": 2.63,
        "volume": 462024,
        "typical_volume": 877362.4,
        "trend": 3.174333,
        "fair_value": 5.38125,
        "relative_strength": -33.113866,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -37.558528,
        "energy": 50.22694,
        "activity_lines": [
          2.947333,
          3.225636,
          3.357905,
          3.307903
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2.43,
        "volume": 559774,
        "typical_volume": 870458.7,
        "trend": 3.169,
        "fair_value": 5.33266,
        "relative_strength": -39.054468,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.615741,
        "energy": 68.510582,
        "activity_lines": [
          2.718,
          3.048455,
          3.267262,
          3.259882
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2.36,
        "volume": 544919,
        "typical_volume": 808530.7,
        "trend": 3.172667,
        "fair_value": 5.284808,
        "relative_strength": -40.679733,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.260881,
        "energy": 76.061508,
        "activity_lines": [
          2.55,
          2.879636,
          3.172143,
          3.207688
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2.3,
        "volume": 410259,
        "typical_volume": 784355.6,
        "trend": 3.175667,
        "fair_value": 5.238654,
        "relative_strength": -40.282589,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -75.8342,
        "energy": 85.662572,
        "activity_lines": [
          2.425333,
          2.726455,
          3.075262,
          3.151387
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2.4,
        "volume": 419636,
        "typical_volume": 753267.45,
        "trend": 3.152667,
        "fair_value": 5.200385,
        "relative_strength": -35.867981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.306752,
        "energy": 79.631381,
        "activity_lines": [
          2.384667,
          2.62,
          2.993857,
          3.101344
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2.78,
        "volume": 877885,
        "typical_volume": 740310.05,
        "trend": 3.145,
        "fair_value": 5.168333,
        "relative_strength": -29.89721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.773313,
        "energy": 56.914138,
        "activity_lines": [
          2.503333,
          2.602,
          2.95331,
          3.077301
        ]
      },
      {
        "date": "2023-11-10",
        "close": 3.5,
        "volume": 2245489,
        "typical_volume": 809300.7,
        "trend": 3.161,
        "fair_value": 5.133526,
        "relative_strength": -13.945424,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.4092,
        "energy": 17.656812,
        "activity_lines": [
          2.852,
          2.731818,
          2.984857,
          3.100204
        ]
      },
      {
        "date": "2023-11-17",
        "close": 3.85,
        "volume": 1308619,
        "typical_volume": 808278.45,
        "trend": 3.196833,
        "fair_value": 5.086667,
        "relative_strength": -6.667613,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 22.141774,
        "energy": 29.264237,
        "activity_lines": [
          3.246,
          2.928909,
          3.049976,
          3.144656
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4.34,
        "volume": 1074145,
        "typical_volume": 795714.9,
        "trend": 3.252167,
        "fair_value": 5.039295,
        "relative_strength": 4.993003,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.515091,
        "energy": 49.104827,
        "activity_lines": [
          3.704,
          3.205273,
          3.160238,
          3.218409
        ]
      },
      {
        "date": "2023-12-01",
        "close": 3.75,
        "volume": 2163177,
        "typical_volume": 860551.95,
        "trend": 3.272167,
        "fair_value": 4.989487,
        "relative_strength": -8.434844,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.007593,
        "energy": 42.145023,
        "activity_lines": [
          3.829333,
          3.351091,
          3.208452,
          3.250527
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.13,
        "volume": 1341884,
        "typical_volume": 886340.5,
        "trend": 3.315833,
        "fair_value": 4.946538,
        "relative_strength": 1.22969,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.958567,
        "energy": 60.96111,
        "activity_lines": [
          3.991333,
          3.550364,
          3.290857,
          3.305871
        ]
      },
      {
        "date": "2023-12-15",
        "close": 3.92,
        "volume": 1250003,
        "typical_volume": 925442.25,
        "trend": 3.350167,
        "fair_value": 4.900256,
        "relative_strength": -5.587753,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.725832,
        "energy": 59.089694,
        "activity_lines": [
          3.993333,
          3.684182,
          3.350452,
          3.344849
        ]
      },
      {
        "date": "2023-12-22",
        "close": 4.12,
        "volume": 1137977,
        "typical_volume": 926959.35,
        "trend": 3.381167,
        "fair_value": 4.853397,
        "relative_strength": -0.696266,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 65.099207,
        "energy": 50.662435,
        "activity_lines": [
          4.034,
          3.827273,
          3.427524,
          3.394516
        ]
      },
      {
        "date": "2023-12-29",
        "close": 4.33,
        "volume": 1243813,
        "typical_volume": 946986.55,
        "trend": 3.407167,
        "fair_value": 4.815385,
        "relative_strength": 5.098295,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.575286,
        "energy": 53.742414,
        "activity_lines": [
          4.126667,
          3.976545,
          3.523167,
          3.455731
        ]
      },
      {
        "date": "2024-01-05",
        "close": 4.69,
        "volume": 1854163,
        "typical_volume": 1012869.3,
        "trend": 3.450833,
        "fair_value": 4.772436,
        "relative_strength": 18.917371,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.275402,
        "energy": 60.351869,
        "activity_lines": [
          4.34,
          4.154364,
          3.650905,
          3.538495
        ]
      },
      {
        "date": "2024-01-12",
        "close": 4.945,
        "volume": 1774683,
        "typical_volume": 1069405.2,
        "trend": 3.498333,
        "fair_value": 4.735032,
        "relative_strength": 22.695485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.375798,
        "energy": 76.143799,
        "activity_lines": [
          4.575667,
          4.336909,
          3.797095,
          3.634892
        ]
      },
      {
        "date": "2024-01-19",
        "close": 4.71,
        "volume": 3118546,
        "typical_volume": 1187687.05,
        "trend": 3.537,
        "fair_value": 4.693814,
        "relative_strength": 14.630287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.836765,
        "energy": 68.587161,
        "activity_lines": [
          4.678667,
          4.437364,
          3.915024,
          3.713065
        ]
      },
      {
        "date": "2024-01-26",
        "close": 4.87,
        "volume": 1382556,
        "typical_volume": 1224801.45,
        "trend": 3.581667,
        "fair_value": 4.649776,
        "relative_strength": 18.4706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.280979,
        "energy": 68.92425,
        "activity_lines": [
          4.782333,
          4.544909,
          4.043381,
          3.799065
        ]
      },
      {
        "date": "2024-02-02",
        "close": 4.72,
        "volume": 1199315,
        "typical_volume": 1256255.2,
        "trend": 3.635333,
        "fair_value": 4.601442,
        "relative_strength": 14.260135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.492309,
        "energy": 54.772368,
        "activity_lines": [
          4.786,
          4.606636,
          4.150024,
          3.872505
        ]
      },
      {
        "date": "2024-02-09",
        "close": 5.78,
        "volume": 2200470,
        "typical_volume": 1328466.85,
        "trend": 3.717,
        "fair_value": 4.561571,
        "relative_strength": 37.765587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.667553,
        "energy": 65.6491,
        "activity_lines": [
          5.117,
          4.854182,
          4.349714,
          4.010871
        ]
      },
      {
        "date": "2024-02-16",
        "close": 7.11,
        "volume": 5668949,
        "typical_volume": 1588813.1,
        "trend": 3.836,
        "fair_value": 4.531955,
        "relative_strength": 71.351927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.00272,
        "energy": 89.716804,
        "activity_lines": [
          5.818667,
          5.306636,
          4.66231,
          4.229774
        ]
      },
      {
        "date": "2024-02-23",
        "close": 6.55,
        "volume": 2969894,
        "typical_volume": 1709319.1,
        "trend": 3.934667,
        "fair_value": 4.510096,
        "relative_strength": 55.209057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.438046,
        "energy": 87.067724,
        "activity_lines": [
          6.189333,
          5.603091,
          4.900238,
          4.404871
        ]
      },
      {
        "date": "2024-03-01",
        "close": 5.89,
        "volume": 5370127,
        "typical_volume": 1950579.5,
        "trend": 4.003667,
        "fair_value": 4.478237,
        "relative_strength": 36.144863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.114562,
        "energy": 76.048446,
        "activity_lines": [
          6.217333,
          5.731727,
          5.05569,
          4.531022
        ]
      },
      {
        "date": "2024-03-08",
        "close": 5.35,
        "volume": 3658333,
        "typical_volume": 2112983.2,
        "trend": 4.053,
        "fair_value": 4.44016,
        "relative_strength": 24.741336,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.814396,
        "energy": 54.661756,
        "activity_lines": [
          5.997333,
          5.73,
          5.142905,
          4.617882
        ]
      },
      {
        "date": "2024-03-15",
        "close": 5.0,
        "volume": 2026724,
        "typical_volume": 2193337.6,
        "trend": 4.104167,
        "fair_value": 4.402083,
        "relative_strength": 17.005711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.953065,
        "energy": 34.407352,
        "activity_lines": [
          5.618667,
          5.646091,
          5.182262,
          4.678978
        ]
      },
      {
        "date": "2024-03-22",
        "close": 5.33,
        "volume": 5113702,
        "typical_volume": 2405128.45,
        "trend": 4.158167,
        "fair_value": 4.372853,
        "relative_strength": 19.968397,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.551859,
        "energy": 21.44062,
        "activity_lines": [
          5.402,
          5.616545,
          5.240667,
          4.758065
        ]
      },
      {
        "date": "2024-03-29",
        "close": 5.3,
        "volume": 1900070,
        "typical_volume": 2387857.5,
        "trend": 4.2115,
        "fair_value": 4.342981,
        "relative_strength": 19.412113,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.712243,
        "energy": 22.272094,
        "activity_lines": [
          5.294,
          5.574545,
          5.284071,
          4.831731
        ]
      },
      {
        "date": "2024-04-05",
        "close": 5.66,
        "volume": 2048706,
        "typical_volume": 2424861.85,
        "trend": 4.289833,
        "fair_value": 4.319455,
        "relative_strength": 27.73147,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.181971,
        "energy": 19.927852,
        "activity_lines": [
          5.389333,
          5.587273,
          5.35319,
          4.925183
        ]
      },
      {
        "date": "2024-04-12",
        "close": 5.27,
        "volume": 1613552,
        "typical_volume": 2451832.2,
        "trend": 4.3635,
        "fair_value": 4.288686,
        "relative_strength": 18.962869,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.202816,
        "energy": 17.060217,
        "activity_lines": [
          5.37,
          5.514727,
          5.376548,
          4.988419
        ]
      },
      {
        "date": "2024-04-19",
        "close": 5.01,
        "volume": 1380105,
        "typical_volume": 2412678.6,
        "trend": 4.434167,
        "fair_value": 4.255609,
        "relative_strength": 18.799286,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.951449,
        "energy": 13.599231,
        "activity_lines": [
          5.269333,
          5.384909,
          5.370714,
          5.030129
        ]
      },
      {
        "date": "2024-04-26",
        "close": 5.02,
        "volume": 1323819,
        "typical_volume": 2411775.35,
        "trend": 4.513833,
        "fair_value": 4.224583,
        "relative_strength": 13.814154,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.223874,
        "energy": 8.760449,
        "activity_lines": [
          5.171333,
          5.270909,
          5.359833,
          5.067925
        ]
      },
      {
        "date": "2024-05-03",
        "close": 4.86,
        "volume": 1397746,
        "typical_volume": 2419162.5,
        "trend": 4.594833,
        "fair_value": 4.192981,
        "relative_strength": 8.779267,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.89889,
        "energy": 9.589201,
        "activity_lines": [
          5.040667,
          5.165818,
          5.329476,
          5.090258
        ]
      },
      {
        "date": "2024-05-10",
        "close": 4.81,
        "volume": 1684716,
        "typical_volume": 2446499.45,
        "trend": 4.6765,
        "fair_value": 4.158109,
        "relative_strength": 5.632535,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.430256,
        "energy": 11.479266,
        "activity_lines": [
          4.922667,
          5.082364,
          5.289881,
          5.10414
        ]
      },
      {
        "date": "2024-05-17",
        "close": 4.095,
        "volume": 3032531,
        "typical_volume": 2535935.35,
        "trend": 4.736333,
        "fair_value": 4.115705,
        "relative_strength": -12.069354,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.91048,
        "energy": 37.453752,
        "activity_lines": [
          4.623,
          4.888545,
          5.178905,
          5.066624
        ]
      },
      {
        "date": "2024-05-24",
        "close": 4.0,
        "volume": 2826012,
        "typical_volume": 2584527.8,
        "trend": 4.789667,
        "fair_value": 4.073718,
        "relative_strength": -15.193876,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.812856,
        "energy": 48.933936,
        "activity_lines": [
          4.37,
          4.700273,
          5.06,
          5.019118
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3.85,
        "volume": 988805,
        "typical_volume": 2545233.9,
        "trend": 4.825333,
        "fair_value": 4.02609,
        "relative_strength": -16.824592,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.210588,
        "energy": 63.17773,
        "activity_lines": [
          4.134333,
          4.502909,
          4.930095,
          4.958495
        ]
      },
      {
        "date": "2024-06-07",
        "close": 3.525,
        "volume": 1157253,
        "typical_volume": 2447169.25,
        "trend": 4.826167,
        "fair_value": 3.975929,
        "relative_strength": -25.584475,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.831637,
        "energy": 70.868376,
        "activity_lines": [
          3.868333,
          4.273364,
          4.774452,
          4.874602
        ]
      },
      {
        "date": "2024-06-14",
        "close": 3.11,
        "volume": 1639795,
        "typical_volume": 2460031.2,
        "trend": 4.8015,
        "fair_value": 3.932532,
        "relative_strength": -36.192496,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -81.525248,
        "energy": 84.884337,
        "activity_lines": [
          3.553,
          4.000636,
          4.584929,
          4.763882
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2.99,
        "volume": 1192726,
        "typical_volume": 2459701.75,
        "trend": 4.7565,
        "fair_value": 3.889968,
        "relative_strength": -38.359475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.610496,
        "energy": 90.27354,
        "activity_lines": [
          3.311,
          3.752455,
          4.392357,
          4.647011
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3.26,
        "volume": 8260505,
        "typical_volume": 2762703.5,
        "trend": 4.740167,
        "fair_value": 3.854327,
        "relative_strength": -32.389212,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.950619,
        "energy": 84.209021,
        "activity_lines": [
          3.232667,
          3.594818,
          4.233738,
          4.550462
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2.95,
        "volume": 2244608,
        "typical_volume": 2591486.45,
        "trend": 4.700833,
        "fair_value": 3.82016,
        "relative_strength": -40.625383,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.161801,
        "energy": 86.736186,
        "activity_lines": [
          3.100333,
          3.412636,
          4.057595,
          4.434968
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3.59,
        "volume": 1652416,
        "typical_volume": 2525612.55,
        "trend": 4.689833,
        "fair_value": 3.79125,
        "relative_strength": -27.326515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.935226,
        "energy": 65.962072,
        "activity_lines": [
          3.241333,
          3.384455,
          3.962214,
          4.363301
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3.66,
        "volume": 1849595,
        "typical_volume": 2349585.95,
        "trend": 4.6745,
        "fair_value": 3.765032,
        "relative_strength": -22.590347,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.083995,
        "energy": 44.349842,
        "activity_lines": [
          3.401333,
          3.392091,
          3.887595,
          4.29686
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3.83,
        "volume": 1468275,
        "typical_volume": 2240083.05,
        "trend": 4.657833,
        "fair_value": 3.741378,
        "relative_strength": -16.662128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.329857,
        "energy": 34.05838,
        "activity_lines": [
          3.581333,
          3.451545,
          3.839786,
          4.242376
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3.83,
        "volume": 2071767,
        "typical_volume": 2242335.2,
        "trend": 4.629167,
        "fair_value": 3.720417,
        "relative_strength": -13.719822,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.623438,
        "energy": 25.325121,
        "activity_lines": [
          3.705333,
          3.515818,
          3.799214,
          4.188968
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3.76,
        "volume": 1849420,
        "typical_volume": 2079121.1,
        "trend": 4.589667,
        "fair_value": 3.697981,
        "relative_strength": -15.23124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.079453,
        "energy": 23.542406,
        "activity_lines": [
          3.768,
          3.570455,
          3.757548,
          4.132892
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2.695,
        "volume": 2698796,
        "typical_volume": 2119057.4,
        "trend": 4.5225,
        "fair_value": 3.670385,
        "relative_strength": -41.929161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.475058,
        "energy": 39.133516,
        "activity_lines": [
          3.421667,
          3.433091,
          3.621929,
          4.010656
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2.54,
        "volume": 1951721,
        "typical_volume": 2114208.15,
        "trend": 4.444833,
        "fair_value": 3.637564,
        "relative_strength": -45.300567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.240904,
        "energy": 53.997492,
        "activity_lines": [
          3.083333,
          3.282636,
          3.483952,
          3.882753
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2.5,
        "volume": 1991040,
        "typical_volume": 2133082.55,
        "trend": 4.370833,
        "fair_value": 3.606218,
        "relative_strength": -45.237673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.72819,
        "energy": 76.160715,
        "activity_lines": [
          2.806333,
          3.135273,
          3.357024,
          3.75728
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2.25,
        "volume": 1025110,
        "typical_volume": 2115332.8,
        "trend": 4.253167,
        "fair_value": 3.574872,
        "relative_strength": -47.268552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.42872,
        "energy": 85.603404,
        "activity_lines": [
          2.534667,
          2.951364,
          3.219476,
          3.620452
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2.53,
        "volume": 1554519,
        "typical_volume": 2126867.8,
        "trend": 4.1005,
        "fair_value": 3.546859,
        "relative_strength": -43.69063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.748378,
        "energy": 80.759053,
        "activity_lines": [
          2.461667,
          2.836727,
          3.121738,
          3.50928
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2.6,
        "volume": 1688762,
        "typical_volume": 2141418.6,
        "trend": 3.968833,
        "fair_value": 3.519808,
        "relative_strength": -42.665924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.520732,
        "energy": 68.725287,
        "activity_lines": [
          2.494,
          2.742455,
          3.042524,
          3.412473
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2.58,
        "volume": 1295881,
        "typical_volume": 2121976.85,
        "trend": 3.8585,
        "fair_value": 3.494872,
        "relative_strength": -43.448084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.984631,
        "energy": 52.894994,
        "activity_lines": [
          2.526,
          2.662545,
          2.972167,
          3.322871
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2.65,
        "volume": 1538165,
        "typical_volume": 2047258.55,
        "trend": 3.7685,
        "fair_value": 3.472628,
        "relative_strength": -41.830008,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.705904,
        "energy": 44.371172,
        "activity_lines": [
          2.578667,
          2.615,
          2.919095,
          3.244903
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2.85,
        "volume": 1165235,
        "typical_volume": 1964219.7,
        "trend": 3.696833,
        "fair_value": 3.452115,
        "relative_strength": -38.112995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.200286,
        "energy": 33.800485,
        "activity_lines": [
          2.688,
          2.625273,
          2.891952,
          3.185645
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2.88,
        "volume": 758196,
        "typical_volume": 1952689.25,
        "trend": 3.615167,
        "fair_value": 3.434103,
        "relative_strength": -37.511027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.705929,
        "energy": 27.290133,
        "activity_lines": [
          2.767333,
          2.658818,
          2.873143,
          3.132946
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2.95,
        "volume": 1092051,
        "typical_volume": 1949429.15,
        "trend": 3.536833,
        "fair_value": 3.420321,
        "relative_strength": -35.964355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.953639,
        "energy": 20.061647,
        "activity_lines": [
          2.846667,
          2.721091,
          2.865619,
          3.090032
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2.95,
        "volume": 1214372,
        "typical_volume": 1928158.0,
        "trend": 3.4465,
        "fair_value": 3.413526,
        "relative_strength": -34.71725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.84105,
        "energy": 20.747455,
        "activity_lines": [
          2.902667,
          2.778727,
          2.860833,
          3.052172
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2.88,
        "volume": 2947678,
        "typical_volume": 2015905.6,
        "trend": 3.366833,
        "fair_value": 3.408141,
        "relative_strength": -39.10855,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.257453,
        "energy": 17.981534,
        "activity_lines": [
          2.910667,
          2.816182,
          2.850143,
          3.015624
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2.42,
        "volume": 5241693,
        "typical_volume": 1864965.0,
        "trend": 3.2805,
        "fair_value": 3.401731,
        "relative_strength": -46.445317,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.156216,
        "energy": 29.710587,
        "activity_lines": [
          2.75,
          2.763091,
          2.796167,
          2.954538
        ]
      },
      {
        "date": "2024-11-22",
        "close": 3.0,
        "volume": 2272448,
        "typical_volume": 1866357.0,
        "trend": 3.213167,
        "fair_value": 3.400288,
        "relative_strength": -34.08361,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.18135,
        "energy": 15.314551,
        "activity_lines": [
          2.811333,
          2.812364,
          2.801429,
          2.936441
        ]
      },
      {
        "date": "2024-11-29",
        "close": 3.39,
        "volume": 1263622,
        "typical_volume": 1846917.3,
        "trend": 3.164167,
        "fair_value": 3.402853,
        "relative_strength": -25.609587,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.747311,
        "energy": 7.102049,
        "activity_lines": [
          2.994667,
          2.924,
          2.843595,
          2.947849
        ]
      },
      {
        "date": "2024-12-06",
        "close": 3.12,
        "volume": 2504607,
        "typical_volume": 1879667.9,
        "trend": 3.107833,
        "fair_value": 3.404583,
        "relative_strength": -33.037717,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.603531,
        "energy": 10.003477,
        "activity_lines": [
          3.058667,
          2.972182,
          2.861,
          2.945
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2.88,
        "volume": 2335809,
        "typical_volume": 1923044.6,
        "trend": 3.067333,
        "fair_value": 3.400096,
        "relative_strength": -38.080809,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.092689,
        "energy": 14.456952,
        "activity_lines": [
          3.031333,
          2.966909,
          2.858119,
          2.930301
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2.75,
        "volume": 1638585,
        "typical_volume": 1901385.5,
        "trend": 3.025667,
        "fair_value": 3.395545,
        "relative_strength": -38.874324,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.81583,
        "energy": 12.794926,
        "activity_lines": [
          2.960667,
          2.933818,
          2.847381,
          2.909828
        ]
      },
      {
        "date": "2024-12-27",
        "close": 3.08,
        "volume": 3420373,
        "typical_volume": 1979933.15,
        "trend": 3.0,
        "fair_value": 3.395801,
        "relative_strength": -31.438839,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.117895,
        "energy": 4.275376,
        "activity_lines": [
          2.978,
          2.962545,
          2.873214,
          2.913333
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2.95,
        "volume": 2490682,
        "typical_volume": 1969527.45,
        "trend": 2.980833,
        "fair_value": 3.396827,
        "relative_strength": -32.897636,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.271795,
        "energy": 11.322649,
        "activity_lines": [
          2.946667,
          2.964,
          2.889905,
          2.910108
        ]
      },
      {
        "date": "2025-01-10",
        "close": 3.31,
        "volume": 5860626,
        "typical_volume": 2164972.7,
        "trend": 2.9875,
        "fair_value": 3.400224,
        "relative_strength": -22.024081,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.433359,
        "energy": 13.729592,
        "activity_lines": [
          3.064667,
          3.030909,
          2.939667,
          2.931344
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2.97,
        "volume": 3782902,
        "typical_volume": 2254565.8,
        "trend": 2.986833,
        "fair_value": 3.403878,
        "relative_strength": -31.105243,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.409058,
        "energy": 11.421965,
        "activity_lines": [
          3.056667,
          3.029455,
          2.953381,
          2.930215
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2.96,
        "volume": 1548253,
        "typical_volume": 2280722.95,
        "trend": 2.976833,
        "fair_value": 3.408237,
        "relative_strength": -31.406952,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.510443,
        "energy": 9.862427,
        "activity_lines": [
          3.039333,
          3.024545,
          2.963905,
          2.928484
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2.89,
        "volume": 1827365,
        "typical_volume": 2294365.25,
        "trend": 2.974833,
        "fair_value": 3.41125,
        "relative_strength": -31.189134,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.463407,
        "energy": 4.183889,
        "activity_lines": [
          2.984667,
          2.997091,
          2.964381,
          2.922882
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2.78,
        "volume": 1338462,
        "typical_volume": 2276850.25,
        "trend": 2.947833,
        "fair_value": 3.415096,
        "relative_strength": -32.600575,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -17.915276,
        "energy": 10.609279,
        "activity_lines": [
          2.906,
          2.951636,
          2.952667,
          2.910312
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2.86,
        "volume": 1164669,
        "typical_volume": 2270289.65,
        "trend": 2.921167,
        "fair_value": 3.419327,
        "relative_strength": -30.715176,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -15.536723,
        "energy": 12.231739,
        "activity_lines": [
          2.865333,
          2.931818,
          2.947714,
          2.904645
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2.905,
        "volume": 1144019,
        "typical_volume": 2250582.35,
        "trend": 2.890333,
        "fair_value": 3.423462,
        "relative_strength": -26.242013,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -7.877202,
        "energy": 9.969819,
        "activity_lines": [
          2.869667,
          2.924909,
          2.945714,
          2.903602
        ]
      },
      {
        "date": "2025-02-28",
        "close": 3.58,
        "volume": 3876527,
        "typical_volume": 2386146.95,
        "trend": 2.882,
        "fair_value": 3.430256,
        "relative_strength": -4.364515,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 59.836377,
        "energy": 36.494192,
        "activity_lines": [
          3.103333,
          3.040273,
          3.006786,
          2.948097
        ]
      },
      {
        "date": "2025-03-07",
        "close": 3.51,
        "volume": 2669732,
        "typical_volume": 2481723.75,
        "trend": 2.873667,
        "fair_value": 3.435897,
        "relative_strength": -1.798523,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.894903,
        "energy": 54.132124,
        "activity_lines": [
          3.272333,
          3.127818,
          3.057714,
          2.988613
        ]
      },
      {
        "date": "2025-03-14",
        "close": 3.32,
        "volume": 2124625,
        "typical_volume": 2533352.45,
        "trend": 2.8945,
        "fair_value": 3.43641,
        "relative_strength": -3.573898,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.411616,
        "energy": 55.029233,
        "activity_lines": [
          3.336667,
          3.173,
          3.087548,
          3.017409
        ]
      },
      {
        "date": "2025-03-21",
        "close": 3.51,
        "volume": 2131693,
        "typical_volume": 2579218.5,
        "trend": 2.926833,
        "fair_value": 3.440962,
        "relative_strength": 2.989958,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.690851,
        "energy": 62.915806,
        "activity_lines": [
          3.428333,
          3.246,
          3.133714,
          3.057118
        ]
      },
      {
        "date": "2025-03-28",
        "close": 3.14,
        "volume": 1437073,
        "typical_volume": 2503688.25,
        "trend": 2.948167,
        "fair_value": 3.441987,
        "relative_strength": -4.28835,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.781841,
        "energy": 47.027893,
        "activity_lines": [
          3.353333,
          3.248091,
          3.141976,
          3.070871
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2.9,
        "volume": 1575668,
        "typical_volume": 2320387.0,
        "trend": 2.969833,
        "fair_value": 3.441154,
        "relative_strength": -0.263823,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 25.572827,
        "energy": 14.078049,
        "activity_lines": [
          3.182667,
          3.203455,
          3.126143,
          3.067763
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2.82,
        "volume": 2207288,
        "typical_volume": 2317129.0,
        "trend": 2.9795,
        "fair_value": 3.44109,
        "relative_strength": -8.276793,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.135841,
        "energy": 12.423974,
        "activity_lines": [
          3.030667,
          3.145364,
          3.100405,
          3.058097
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2.86,
        "volume": 895895,
        "typical_volume": 2298742.65,
        "trend": 2.988167,
        "fair_value": 3.441987,
        "relative_strength": -3.246372,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.357532,
        "energy": 19.396863,
        "activity_lines": [
          2.938,
          3.095818,
          3.079333,
          3.050387
        ]
      },
      {
        "date": "2025-04-25",
        "close": 3.0,
        "volume": 1041627,
        "typical_volume": 2225593.65,
        "trend": 3.002167,
        "fair_value": 3.44609,
        "relative_strength": -3.119395,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.710918,
        "energy": 20.033772,
        "activity_lines": [
          2.922667,
          3.070273,
          3.074119,
          3.051151
        ]
      },
      {
        "date": "2025-05-02",
        "close": 3.21,
        "volume": 1492676,
        "typical_volume": 2183437.0,
        "trend": 3.020833,
        "fair_value": 3.453942,
        "relative_strength": 1.601856,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.208844,
        "energy": 8.266318,
        "activity_lines": [
          3.011333,
          3.080364,
          3.089476,
          3.064559
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2.91,
        "volume": 1788680,
        "typical_volume": 2190941.75,
        "trend": 3.022833,
        "fair_value": 3.460865,
        "relative_strength": -6.34255,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.042501,
        "energy": 9.607518,
        "activity_lines": [
          2.995333,
          3.030364,
          3.07469,
          3.057409
        ]
      },
      {
        "date": "2025-05-16",
        "close": 3.39,
        "volume": 2747522,
        "typical_volume": 2157299.2,
        "trend": 3.039833,
        "fair_value": 3.469776,
        "relative_strength": 2.90318,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.512605,
        "energy": 19.917721,
        "activity_lines": [
          3.138667,
          3.079818,
          3.104857,
          3.081097
        ]
      },
      {
        "date": "2025-05-23",
        "close": 3.235,
        "volume": 1691069,
        "typical_volume": 2117318.55,
        "trend": 3.049333,
        "fair_value": 3.477244,
        "relative_strength": 1.315281,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.297282,
        "energy": 20.616189,
        "activity_lines": [
          3.192333,
          3.103273,
          3.118786,
          3.093688
        ]
      },
      {
        "date": "2025-05-30",
        "close": 3.28,
        "volume": 950763,
        "typical_volume": 1871825.4,
        "trend": 3.060333,
        "fair_value": 3.483269,
        "relative_strength": 1.479703,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.820747,
        "energy": 31.687685,
        "activity_lines": [
          3.236,
          3.136455,
          3.135643,
          3.10857
        ]
      },
      {
        "date": "2025-06-06",
        "close": 3.72,
        "volume": 3470094,
        "typical_volume": 1856185.0,
        "trend": 3.088333,
        "fair_value": 3.490513,
        "relative_strength": 12.968461,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 70.870151,
        "energy": 58.748996,
        "activity_lines": [
          3.407667,
          3.253818,
          3.194548,
          3.151129
        ]
      },
      {
        "date": "2025-06-13",
        "close": 3.35,
        "volume": 1258123,
        "typical_volume": 1841678.5,
        "trend": 3.119333,
        "fair_value": 3.494872,
        "relative_strength": 2.358386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.0736,
        "energy": 50.231644,
        "activity_lines": [
          3.422,
          3.293364,
          3.214643,
          3.168011
        ]
      },
      {
        "date": "2025-06-20",
        "close": 3.195,
        "volume": 981353,
        "typical_volume": 1799377.9,
        "trend": 3.125833,
        "fair_value": 3.497083,
        "relative_strength": -2.292974,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.270922,
        "energy": 40.289764,
        "activity_lines": [
          3.355333,
          3.296545,
          3.218119,
          3.172892
        ]
      },
      {
        "date": "2025-06-27",
        "close": 3.33,
        "volume": 1682090,
        "typical_volume": 1816559.3,
        "trend": 3.123833,
        "fair_value": 3.500609,
        "relative_strength": -1.990813,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.612145,
        "energy": 33.787033,
        "activity_lines": [
          3.346667,
          3.317455,
          3.233,
          3.186065
        ]
      },
      {
        "date": "2025-07-04",
        "close": 3.58,
        "volume": 1332937,
        "typical_volume": 1824972.7,
        "trend": 3.139167,
        "fair_value": 3.504776,
        "relative_strength": 3.679994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.109507,
        "energy": 30.45226,
        "activity_lines": [
          3.415,
          3.375273,
          3.269071,
          3.215495
        ]
      },
      {
        "date": "2025-07-11",
        "close": 3.39,
        "volume": 1754303,
        "typical_volume": 1855486.9,
        "trend": 3.156167,
        "fair_value": 3.506314,
        "relative_strength": -1.103614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.783438,
        "energy": 24.44951,
        "activity_lines": [
          3.4,
          3.388,
          3.283619,
          3.231677
        ]
      },
      {
        "date": "2025-07-18",
        "close": 3.4,
        "volume": 1715068,
        "typical_volume": 1747413.95,
        "trend": 3.177833,
        "fair_value": 3.507468,
        "relative_strength": -1.543274,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.166608,
        "energy": 26.005185,
        "activity_lines": [
          3.410333,
          3.399273,
          3.29681,
          3.247409
        ]
      },
      {
        "date": "2025-07-25",
        "close": 3.28,
        "volume": 1521148,
        "typical_volume": 1689984.75,
        "trend": 3.1845,
        "fair_value": 3.509712,
        "relative_strength": -5.125666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.230729,
        "energy": 19.822959,
        "activity_lines": [
          3.377333,
          3.379818,
          3.299429,
          3.254
        ]
      },
      {
        "date": "2025-08-01",
        "close": 3.07,
        "volume": 1402938,
        "typical_volume": 1653900.4,
        "trend": 3.1885,
        "fair_value": 3.504776,
        "relative_strength": -8.319519,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.269348,
        "energy": 10.519912,
        "activity_lines": [
          3.268667,
          3.324182,
          3.283143,
          3.246613
        ]
      },
      {
        "date": "2025-08-08",
        "close": 3.69,
        "volume": 2834316,
        "typical_volume": 1689031.55,
        "trend": 3.201167,
        "fair_value": 3.505929,
        "relative_strength": 6.901964,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.994232,
        "energy": 20.800643,
        "activity_lines": [
          3.384,
          3.384273,
          3.327095,
          3.278968
        ]
      },
      {
        "date": "2025-08-15",
        "close": 5.73,
        "volume": 8970778,
        "typical_volume": 2065716.8,
        "trend": 3.293167,
        "fair_value": 3.523109,
        "relative_strength": 62.998302,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.732978,
        "energy": 81.585077,
        "activity_lines": [
          4.172,
          3.807818,
          3.564476,
          3.442118
        ]
      },
      {
        "date": "2025-08-22",
        "close": 5.25,
        "volume": 5144975,
        "typical_volume": 2244182.15,
        "trend": 3.3695,
        "fair_value": 3.536891,
        "relative_strength": 48.931604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.583565,
        "energy": 88.655216,
        "activity_lines": [
          4.644,
          4.107545,
          3.74381,
          3.568366
        ]
      },
      {
        "date": "2025-08-29",
        "close": 5.04,
        "volume": 2529012,
        "typical_volume": 2260268.35,
        "trend": 3.441167,
        "fair_value": 3.55266,
        "relative_strength": 41.793891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.778084,
        "energy": 87.44336,
        "activity_lines": [
          4.922667,
          4.334545,
          3.891952,
          3.67614
        ]
      },
      {
        "date": "2025-09-05",
        "close": 5.03,
        "volume": 2311763,
        "typical_volume": 2331061.75,
        "trend": 3.516167,
        "fair_value": 3.56734,
        "relative_strength": 38.544821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.221907,
        "energy": 87.156987,
        "activity_lines": [
          5.080667,
          4.526182,
          4.028571,
          3.778645
        ]
      },
      {
        "date": "2025-09-12",
        "close": 4.47,
        "volume": 2672409,
        "typical_volume": 2412600.85,
        "trend": 3.569833,
        "fair_value": 3.580353,
        "relative_strength": 20.065158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.761465,
        "energy": 74.759705,
        "activity_lines": [
          4.921333,
          4.585091,
          4.101524,
          3.840183
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4.42,
        "volume": 2497506,
        "typical_volume": 2462842.35,
        "trend": 3.620333,
        "fair_value": 3.593622,
        "relative_strength": 15.523939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.317504,
        "energy": 47.269184,
        "activity_lines": [
          4.693333,
          4.618727,
          4.162714,
          3.895032
        ]
      },
      {
        "date": "2025-09-26",
        "close": 4.84,
        "volume": 2518810,
        "typical_volume": 2499348.85,
        "trend": 3.662333,
        "fair_value": 3.609455,
        "relative_strength": 26.01348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.369811,
        "energy": 38.286192,
        "activity_lines": [
          4.692667,
          4.71,
          4.258143,
          3.97372
        ]
      },
      {
        "date": "2025-10-03",
        "close": 5.13,
        "volume": 2749305,
        "typical_volume": 2499438.0,
        "trend": 3.716333,
        "fair_value": 3.627147,
        "relative_strength": 30.781758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.226206,
        "energy": 38.054602,
        "activity_lines": [
          4.816,
          4.827818,
          4.372,
          4.068409
        ]
      },
      {
        "date": "2025-10-10",
        "close": 5.12,
        "volume": 2337692,
        "typical_volume": 2531769.15,
        "trend": 3.776333,
        "fair_value": 3.645673,
        "relative_strength": 32.428852,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.653897,
        "energy": 43.494676,
        "activity_lines": [
          4.93,
          4.910182,
          4.476619,
          4.158968
        ]
      },
      {
        "date": "2025-10-17",
        "close": 5.47,
        "volume": 2357288,
        "typical_volume": 2602095.4,
        "trend": 3.841667,
        "fair_value": 3.666635,
        "relative_strength": 36.816606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.280267,
        "energy": 52.035156,
        "activity_lines": [
          5.154667,
          5.018909,
          4.605595,
          4.268237
        ]
      },
      {
        "date": "2025-10-24",
        "close": 5.23,
        "volume": 1922314,
        "typical_volume": 2524706.4,
        "trend": 3.911333,
        "fair_value": 3.685481,
        "relative_strength": 27.10339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.12444,
        "energy": 49.402702,
        "activity_lines": [
          5.232667,
          5.051636,
          4.701286,
          4.357806
        ]
      },
      {
        "date": "2025-10-31",
        "close": 5.1,
        "volume": 1917777,
        "typical_volume": 2557689.1,
        "trend": 3.984667,
        "fair_value": 3.700801,
        "relative_strength": 20.880408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.191699,
        "energy": 43.283113,
        "activity_lines": [
          5.213333,
          5.069818,
          4.777405,
          4.434495
        ]
      },
      {
        "date": "2025-11-07",
        "close": 5.99,
        "volume": 4377752,
        "typical_volume": 2727509.05,
        "trend": 4.090333,
        "fair_value": 3.718814,
        "relative_strength": 44.736233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.577185,
        "energy": 53.383931,
        "activity_lines": [
          5.473333,
          5.252545,
          4.929952,
          4.563871
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4.89,
        "volume": 4913429,
        "typical_volume": 2889076.0,
        "trend": 4.158,
        "fair_value": 3.726122,
        "relative_strength": 17.286944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.789445,
        "energy": 38.281091,
        "activity_lines": [
          5.309333,
          5.218,
          4.964429,
          4.615462
        ]
      },
      {
        "date": "2025-11-21",
        "close": 4.89,
        "volume": 2104049,
        "typical_volume": 2927631.6,
        "trend": 4.221,
        "fair_value": 3.73016,
        "relative_strength": 20.23697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.698054,
        "energy": 29.276508,
        "activity_lines": [
          5.160667,
          5.186,
          4.991476,
          4.662688
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5.05,
        "volume": 1562264,
        "typical_volume": 2918029.65,
        "trend": 4.282333,
        "fair_value": 3.734006,
        "relative_strength": 17.836945,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.351106,
        "energy": 26.108006,
        "activity_lines": [
          5.104,
          5.175455,
          5.027524,
          4.716172
        ]
      },
      {
        "date": "2025-12-05",
        "close": 5.3,
        "volume": 1900748,
        "typical_volume": 2927313.65,
        "trend": 4.362,
        "fair_value": 3.739776,
        "relative_strength": 21.588665,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.875293,
        "energy": 20.025671,
        "activity_lines": [
          5.142667,
          5.198909,
          5.079476,
          4.781828
        ]
      },
      {
        "date": "2025-12-12",
        "close": 5.86,
        "volume": 2018563,
        "typical_volume": 2952184.4,
        "trend": 4.444333,
        "fair_value": 3.745929,
        "relative_strength": 35.503895,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.526642,
        "energy": 37.930506,
        "activity_lines": [
          5.354667,
          5.315818,
          5.175714,
          4.878473
        ]
      },
      {
        "date": "2025-12-19",
        "close": 5.63,
        "volume": 2103320,
        "typical_volume": 2987203.5,
        "trend": 4.524167,
        "fair_value": 3.755609,
        "relative_strength": 28.135405,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.208209,
        "energy": 42.443555,
        "activity_lines": [
          5.498667,
          5.377636,
          5.237762,
          4.954968
        ]
      },
      {
        "date": "2025-12-26",
        "close": 6.16,
        "volume": 1415424,
        "typical_volume": 2916258.9,
        "trend": 4.620167,
        "fair_value": 3.767981,
        "relative_strength": 37.023402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.338262,
        "energy": 66.01798,
        "activity_lines": [
          5.77,
          5.526545,
          5.338095,
          5.060505
        ]
      },
      {
        "date": "2026-01-02",
        "close": 5.77,
        "volume": 1386772,
        "typical_volume": 2537058.6,
        "trend": 4.6885,
        "fair_value": 3.774071,
        "relative_strength": 29.327865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.736542,
        "energy": 62.501899,
        "activity_lines": [
          5.826667,
          5.592,
          5.389524,
          5.134688
        ]
      },
      {
        "date": "2026-01-09",
        "close": 6.11,
        "volume": 1963955,
        "typical_volume": 2378007.6,
        "trend": 4.7805,
        "fair_value": 3.78234,
        "relative_strength": 32.871072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.26967,
        "energy": 63.822239,
        "activity_lines": [
          5.948667,
          5.709455,
          5.473143,
          5.226398
        ]
      },
      {
        "date": "2026-01-16",
        "close": 6.37,
        "volume": 1547596,
        "typical_volume": 2328936.8,
        "trend": 4.886333,
        "fair_value": 3.795096,
        "relative_strength": 38.086842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.577976,
        "energy": 68.176582,
        "activity_lines": [
          6.103333,
          5.855818,
          5.577429,
          5.328946
        ]
      },
      {
        "date": "2026-01-23",
        "close": 6.42,
        "volume": 2573066,
        "typical_volume": 2342001.95,
        "trend": 4.989333,
        "fair_value": 3.809071,
        "relative_strength": 37.177206,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.707649,
        "energy": 57.92457,
        "activity_lines": [
          6.240667,
          6.004364,
          5.680143,
          5.427892
        ]
      },
      {
        "date": "2026-01-30",
        "close": 6.48,
        "volume": 1671429,
        "typical_volume": 2291952.95,
        "trend": 5.086,
        "fair_value": 3.822019,
        "relative_strength": 36.945773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.06249,
        "energy": 61.434672,
        "activity_lines": [
          6.345333,
          6.136,
          5.781952,
          5.524065
        ]
      },
      {
        "date": "2026-02-06",
        "close": 6.94,
        "volume": 2605538,
        "typical_volume": 2297354.55,
        "trend": 5.204333,
        "fair_value": 3.838365,
        "relative_strength": 47.357379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.104166,
        "energy": 75.115016,
        "activity_lines": [
          6.582,
          6.322364,
          5.918,
          5.643677
        ]
      },
      {
        "date": "2026-02-13",
        "close": 6.82,
        "volume": 1715475,
        "typical_volume": 2257187.8,
        "trend": 5.318333,
        "fair_value": 3.854135,
        "relative_strength": 44.514455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.376159,
        "energy": 78.198863,
        "activity_lines": [
          6.700667,
          6.452545,
          6.030619,
          5.747914
        ]
      },
      {
        "date": "2026-02-20",
        "close": 6.83,
        "volume": 1345222,
        "typical_volume": 2186983.65,
        "trend": 5.436667,
        "fair_value": 3.872468,
        "relative_strength": 41.126132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.020055,
        "energy": 74.421315,
        "activity_lines": [
          6.775333,
          6.556909,
          6.134762,
          5.845441
        ]
      },
      {
        "date": "2026-02-27",
        "close": 5.7,
        "volume": 3593536,
        "typical_volume": 2249775.85,
        "trend": 5.524333,
        "fair_value": 3.888429,
        "relative_strength": 17.417137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.626664,
        "energy": 36.307735,
        "activity_lines": [
          6.442667,
          6.438182,
          6.12319,
          5.86243
        ]
      },
      {
        "date": "2026-03-06",
        "close": 6.05,
        "volume": 3132106,
        "typical_volume": 2288516.75,
        "trend": 5.603,
        "fair_value": 3.910609,
        "relative_strength": 25.315091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.018574,
        "energy": 21.773004,
        "activity_lines": [
          6.274667,
          6.381818,
          6.14219,
          5.896344
        ]
      },
      {
        "date": "2026-03-13",
        "close": 5.9,
        "volume": 1589466,
        "typical_volume": 2271874.35,
        "trend": 5.608667,
        "fair_value": 3.934006,
        "relative_strength": 22.576331,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.362006,
        "energy": 19.940563,
        "activity_lines": [
          6.085333,
          6.300182,
          6.144143,
          5.915505
        ]
      },
      {
        "date": "2026-03-20",
        "close": 6.12,
        "volume": 1300888,
        "typical_volume": 2241029.9,
        "trend": 5.637667,
        "fair_value": 3.959071,
        "relative_strength": 28.723617,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.914713,
        "energy": 21.54978,
        "activity_lines": [
          6.038667,
          6.256182,
          6.163857,
          5.948495
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6.08,
        "volume": 1122120,
        "typical_volume": 2078248.3,
        "trend": 5.672333,
        "fair_value": 3.978237,
        "relative_strength": 30.890168,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.226709,
        "energy": 16.333923,
        "activity_lines": [
          6.025333,
          6.204727,
          6.174905,
          5.977032
        ]
      },
      {
        "date": "2026-04-03",
        "close": 6.9,
        "volume": 1151680,
        "typical_volume": 1890160.85,
        "trend": 5.734667,
        "fair_value": 4.003173,
        "relative_strength": 41.242796,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.311346,
        "energy": 25.771523,
        "activity_lines": [
          6.335333,
          6.307636,
          6.263619,
          6.056237
        ]
      },
      {
        "date": "2026-04-10",
        "close": 7.78,
        "volume": 1773006,
        "typical_volume": 1873608.7,
        "trend": 5.845,
        "fair_value": 4.033686,
        "relative_strength": 50.20985,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 73.902738,
        "energy": 58.654016,
        "activity_lines": [
          6.858667,
          6.561818,
          6.426571,
          6.188194
        ]
      },
      {
        "date": "2026-04-17",
        "close": 7.47,
        "volume": 1430691,
        "typical_volume": 1867030.05,
        "trend": 5.946667,
        "fair_value": 4.063782,
        "relative_strength": 34.290833,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.614422,
        "energy": 67.644279,
        "activity_lines": [
          7.163333,
          6.736,
          6.546238,
          6.293032
        ]
      },
      {
        "date": "2026-04-24",
        "close": 7.54,
        "volume": 1025920,
        "typical_volume": 1823288.65,
        "trend": 6.036667,
        "fair_value": 4.094936,
        "relative_strength": 31.158054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.709116,
        "energy": 74.353095,
        "activity_lines": [
          7.386667,
          6.913273,
          6.661048,
          6.395828
        ]
      },
      {
        "date": "2026-05-01",
        "close": 7.49,
        "volume": 988228,
        "typical_volume": 1771771.9,
        "trend": 6.115333,
        "fair_value": 4.122756,
        "relative_strength": 27.028569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.106724,
        "energy": 72.390652,
        "activity_lines": [
          7.498667,
          7.068364,
          6.760429,
          6.489591
        ]
      },
      {
        "date": "2026-05-08",
        "close": 7.49,
        "volume": 2335861,
        "typical_volume": 1783398.95,
        "trend": 6.194333,
        "fair_value": 4.152692,
        "relative_strength": 19.21445,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.518058,
        "energy": 61.576124,
        "activity_lines": [
          7.516667,
          7.211455,
          6.852048,
          6.57828
        ]
      },
      {
        "date": "2026-05-15",
        "close": 6.92,
        "volume": 1428562,
        "typical_volume": 1784055.85,
        "trend": 6.242667,
        "fair_value": 4.178526,
        "relative_strength": 9.72621,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.075545,
        "energy": 38.365623,
        "activity_lines": [
          7.305333,
          7.218364,
          6.880524,
          6.625097
        ]
      },
      {
        "date": "2026-05-22",
        "close": 7.08,
        "volume": 971139,
        "typical_volume": 1763274.2,
        "trend": 6.304333,
        "fair_value": 4.203462,
        "relative_strength": 10.08538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.999969,
        "energy": 26.852186,
        "activity_lines": [
          7.204667,
          7.238545,
          6.920619,
          6.679118
        ]
      },
      {
        "date": "2026-05-29",
        "close": 7.17,
        "volume": 775770,
        "typical_volume": 1703864.95,
        "trend": 6.373333,
        "fair_value": 4.226667,
        "relative_strength": 7.570822,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.317153,
        "energy": 23.570471,
        "activity_lines": [
          7.16,
          7.253636,
          6.963048,
          6.734968
        ]
      },
      {
        "date": "2026-06-05",
        "close": 7.03,
        "volume": 1134032,
        "typical_volume": 1683186.75,
        "trend": 6.408,
        "fair_value": 4.250064,
        "relative_strength": 9.760441,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.973312,
        "energy": 19.365156,
        "activity_lines": [
          7.093333,
          7.224182,
          6.987095,
          6.777333
        ]
      },
      {
        "date": "2026-06-12",
        "close": 7.33,
        "volume": 909803,
        "typical_volume": 1600023.6,
        "trend": 6.489333,
        "fair_value": 4.274487,
        "relative_strength": 10.973238,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.62815,
        "energy": 22.866088,
        "activity_lines": [
          7.157333,
          7.232,
          7.036571,
          6.836817
        ]
      },
      {
        "date": "2026-06-19",
        "close": 7.56,
        "volume": 1031648,
        "typical_volume": 1568034.55,
        "trend": 6.578333,
        "fair_value": 4.300192,
        "relative_strength": 10.519374,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.60598,
        "energy": 32.664216,
        "activity_lines": [
          7.308667,
          7.273818,
          7.103619,
          6.905892
        ]
      },
      {
        "date": "2026-06-26",
        "close": 8.11,
        "volume": 2620354,
        "typical_volume": 1568775.35,
        "trend": 6.680333,
        "fair_value": 4.329551,
        "relative_strength": 22.77126,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.805927,
        "energy": 51.087472,
        "activity_lines": [
          7.600667,
          7.419636,
          7.217905,
          7.00471
        ]
      },
      {
        "date": "2026-07-03",
        "close": 8.26,
        "volume": 1281066,
        "typical_volume": 1547054.9,
        "trend": 6.779,
        "fair_value": 4.362564,
        "relative_strength": 22.680326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.92221,
        "energy": 71.044782,
        "activity_lines": [
          7.874,
          7.581091,
          7.340905,
          7.106624
        ]
      },
      {
        "date": "2026-07-10",
        "close": 8.0,
        "volume": 2280050,
        "typical_volume": 1593796.3,
        "trend": 6.850333,
        "fair_value": 4.3925,
        "relative_strength": 15.554959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.19977,
        "energy": 72.832418,
        "activity_lines": [
          7.988,
          7.682182,
          7.432286,
          7.185398
        ]
      },
      {
        "date": "2026-07-17",
        "close": 8.53,
        "volume": 1637535,
        "typical_volume": 1495996.25,
        "trend": 6.947,
        "fair_value": 4.424487,
        "relative_strength": 26.97497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.188056,
        "energy": 80.876956,
        "activity_lines": [
          8.214,
          7.870364,
          7.568571,
          7.293763
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.98,
        "volume": 1768393,
        "typical_volume": 1427810.6,
        "trend": 7.007667,
        "fair_value": 4.452628,
        "relative_strength": 19.325398,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.447239,
        "energy": 63.441264,
        "activity_lines": [
          8.176667,
          7.939636,
          7.639,
          7.360409
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.93,
        "volume": 1179647,
        "typical_volume": 1407319.65,
        "trend": 7.079667,
        "fair_value": 4.478974,
        "relative_strength": 16.562078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.000487,
        "energy": 42.589193,
        "activity_lines": [
          8.094667,
          7.980545,
          7.695476,
          7.419914
        ]
      },
      {
        "date": "2026-08-07",
        "close": 8.91,
        "volume": 2068396,
        "typical_volume": 1445695.05,
        "trend": 7.173,
        "fair_value": 4.511282,
        "relative_strength": 23.211727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.222433,
        "energy": 50.405482,
        "activity_lines": [
          8.351333,
          8.184182,
          7.835619,
          7.538
        ]
      }
    ],
    "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."
    }
  }
}