{
  "ticker": {
    "uuid": "400fdece-5056-44de-bcae-c8ef034c8b84",
    "symbol": "CMAN",
    "name": "Chememan Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "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": 62.094,
    "architecture_energy": 68.37,
    "architecture_maturity": 35.75,
    "architecture_confidence": 85.794,
    "architecture_tenure": "Established",
    "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": 11.38,
        "rotation_up": 63.94,
        "upward_expansion": 85.93,
        "deceleration": 50.83,
        "rotation_down": 14.74,
        "downward_expansion": 14.93
      },
      "activity_lines": [
        2.985333,
        2.930909,
        2.851524,
        2.77399
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 2.98,
    "trend_reference": 2.656274,
    "distance_from_trend": 0.121872,
    "trend_direction": "Improving",
    "fair_value": 2.139345,
    "distance_from_fair_value": 0.39295,
    "fair_value_direction": "Improving",
    "relative_strength": 3.377319,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.261572,
    "excess_performance": 0.069247,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.121872,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.08923,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.39295,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.026448,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.033773,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.016646,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.261572,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.342324,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3128200,
      "relative_activity": 2.151592,
      "balance": 1.342324,
      "dry_up": 2.213959,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.043882,
      "annualized_volatility": 0.21064,
      "from_high_reference": -0.03871,
      "from_low_reference": 0.433605
    },
    "levels": {
      "trend_reference": 2.656274,
      "fair_value_reference": 2.139345,
      "structural_low": 2.305441,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": 0.0,
        "positive_rate": 0.434783,
        "directional_follow_through": 0.434783,
        "median_excess_return": -0.011156,
        "regime_survival": 0.695652,
        "best_return": 0.21,
        "worst_return": -0.153846,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.012295,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.03269,
        "regime_survival": 0.25,
        "best_return": 0.17,
        "worst_return": -0.214286,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.049966,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.005182,
        "regime_survival": 0.4,
        "best_return": 0.145455,
        "worst_return": -0.159664,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.041278,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.098882,
        "regime_survival": 1.0,
        "best_return": 0.341856,
        "worst_return": -0.033613,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-11",
        "end": "2024-10-25",
        "tenure": "New",
        "return": -0.035714,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-01",
        "end": "2024-11-15",
        "tenure": "New",
        "return": -0.046297,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": 0.018518,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-03",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": 0.046297,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.017241,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-04-11",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.018182,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-04",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": 0.137615,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": -0.008197,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-31",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.02459,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-16",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": 0.042017,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-20",
        "end": "2026-02-27",
        "tenure": "New",
        "return": 0.064,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-06",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.003488,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-01",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.101562,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.064286,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1.952877,
        "volume": 3798400,
        "typical_volume": 5345085.0,
        "trend": 1.927021,
        "fair_value": 1.774334,
        "relative_strength": 11.727714,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.346153,
        "energy": 9.187096,
        "activity_lines": [
          1.933291,
          1.938737,
          1.946376,
          1.942226
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1.866466,
        "volume": 3147200,
        "typical_volume": 5281610.0,
        "trend": 1.932915,
        "fair_value": 1.77993,
        "relative_strength": 3.867156,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.708174,
        "energy": 15.90288,
        "activity_lines": [
          1.9114,
          1.92334,
          1.939051,
          1.938319
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1.883748,
        "volume": 3221300,
        "typical_volume": 5402520.0,
        "trend": 1.934007,
        "fair_value": 1.785528,
        "relative_strength": 4.553852,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.956505,
        "energy": 20.532327,
        "activity_lines": [
          1.90103,
          1.914228,
          1.933702,
          1.935147
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1.866466,
        "volume": 1739500,
        "typical_volume": 4437795.0,
        "trend": 1.931126,
        "fair_value": 1.791125,
        "relative_strength": 4.366565,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -53.438023,
        "energy": 39.163382,
        "activity_lines": [
          1.887205,
          1.903544,
          1.927118,
          1.93079
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1.866466,
        "volume": 2601900,
        "typical_volume": 4365390.0,
        "trend": 1.931076,
        "fair_value": 1.79683,
        "relative_strength": 4.457232,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.536785,
        "energy": 44.862566,
        "activity_lines": [
          1.875683,
          1.894432,
          1.921028,
          1.926618
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1.849184,
        "volume": 1588100,
        "typical_volume": 4221080.0,
        "trend": 1.927054,
        "fair_value": 1.80237,
        "relative_strength": 4.527965,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.845911,
        "energy": 48.275825,
        "activity_lines": [
          1.86301,
          1.883748,
          1.913539,
          1.921335
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1.831902,
        "volume": 1286500,
        "typical_volume": 4146060.0,
        "trend": 1.925852,
        "fair_value": 1.807854,
        "relative_strength": 6.716785,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.370931,
        "energy": 54.500361,
        "activity_lines": [
          1.851488,
          1.871494,
          1.904322,
          1.915196
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1.762774,
        "volume": 792400,
        "typical_volume": 3876510.0,
        "trend": 1.920647,
        "fair_value": 1.812786,
        "relative_strength": 4.682527,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.359892,
        "energy": 66.03529,
        "activity_lines": [
          1.819229,
          1.84887,
          1.888439,
          1.904675
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1.831902,
        "volume": 571900,
        "typical_volume": 3754865.0,
        "trend": 1.918313,
        "fair_value": 1.818215,
        "relative_strength": 7.393972,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.240526,
        "energy": 58.012977,
        "activity_lines": [
          1.818076,
          1.841643,
          1.879963,
          1.898949
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1.81462,
        "volume": 1132400,
        "typical_volume": 3315045.0,
        "trend": 1.91428,
        "fair_value": 1.823479,
        "relative_strength": 9.770704,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.020999,
        "energy": 50.569992,
        "activity_lines": [
          1.813468,
          1.83253,
          1.870334,
          1.892259
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1.762774,
        "volume": 1835000,
        "typical_volume": 2688365.0,
        "trend": 1.906791,
        "fair_value": 1.827867,
        "relative_strength": 7.01713,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.587762,
        "energy": 55.284295,
        "activity_lines": [
          1.795034,
          1.816191,
          1.856591,
          1.882485
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1.762774,
        "volume": 1280800,
        "typical_volume": 2551940.0,
        "trend": 1.901031,
        "fair_value": 1.8322,
        "relative_strength": 4.227607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.918896,
        "energy": 41.786411,
        "activity_lines": [
          1.78236,
          1.803308,
          1.844246,
          1.873193
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1.728209,
        "volume": 1153600,
        "typical_volume": 2103845.0,
        "trend": 1.892966,
        "fair_value": 1.836474,
        "relative_strength": 4.057013,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.437461,
        "energy": 52.684994,
        "activity_lines": [
          1.762774,
          1.786026,
          1.829927,
          1.862044
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1.624517,
        "volume": 3387000,
        "typical_volume": 1909175.0,
        "trend": 1.881444,
        "fair_value": 1.839921,
        "relative_strength": -4.099017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.491634,
        "energy": 74.711733,
        "activity_lines": [
          1.710927,
          1.752719,
          1.806884,
          1.844724
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1.633158,
        "volume": 1258700,
        "typical_volume": 1862700.0,
        "trend": 1.871939,
        "fair_value": 1.843315,
        "relative_strength": -2.479705,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.527385,
        "energy": 78.907622,
        "activity_lines": [
          1.675787,
          1.725382,
          1.786228,
          1.828706
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1.65044,
        "volume": 1402500,
        "typical_volume": 1746280.0,
        "trend": 1.86589,
        "fair_value": 1.846873,
        "relative_strength": -0.482948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.631645,
        "energy": 77.411544,
        "activity_lines": [
          1.658505,
          1.705429,
          1.76874,
          1.814416
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1.659081,
        "volume": 1342400,
        "typical_volume": 1765790.0,
        "trend": 1.860706,
        "fair_value": 1.850487,
        "relative_strength": -0.242192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.105448,
        "energy": 74.390438,
        "activity_lines": [
          1.651592,
          1.69066,
          1.753433,
          1.801073
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1.710927,
        "volume": 1059500,
        "typical_volume": 1729240.0,
        "trend": 1.853217,
        "fair_value": 1.85427,
        "relative_strength": 1.855224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.983847,
        "energy": 49.295222,
        "activity_lines": [
          1.668874,
          1.688461,
          1.744463,
          1.79141
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1.762774,
        "volume": 1956600,
        "typical_volume": 1808340.0,
        "trend": 1.847456,
        "fair_value": 1.858385,
        "relative_strength": 3.554068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.544823,
        "energy": 31.562509,
        "activity_lines": [
          1.704591,
          1.69663,
          1.741418,
          1.785575
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1.780056,
        "volume": 1015300,
        "typical_volume": 1778550.0,
        "trend": 1.840543,
        "fair_value": 1.862394,
        "relative_strength": 3.381481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.908127,
        "energy": 21.611261,
        "activity_lines": [
          1.736851,
          1.709199,
          1.740677,
          1.781227
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1.81462,
        "volume": 2720400,
        "typical_volume": 1724650.0,
        "trend": 1.832478,
        "fair_value": 1.866678,
        "relative_strength": 4.040121,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.990589,
        "energy": 20.843709,
        "activity_lines": [
          1.770839,
          1.728681,
          1.743969,
          1.779554
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1.728209,
        "volume": 3594700,
        "typical_volume": 1747025.0,
        "trend": 1.822109,
        "fair_value": 1.870572,
        "relative_strength": -0.237021,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.924168,
        "energy": 22.87465,
        "activity_lines": [
          1.765078,
          1.731509,
          1.73969,
          1.772827
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1.745491,
        "volume": 1409000,
        "typical_volume": 1656410.0,
        "trend": 1.81462,
        "fair_value": 1.873978,
        "relative_strength": 2.610583,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.430773,
        "energy": 15.735716,
        "activity_lines": [
          1.760469,
          1.738107,
          1.737715,
          1.767884
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1.702286,
        "volume": 1252100,
        "typical_volume": 1632040.0,
        "trend": 1.806267,
        "fair_value": 1.876236,
        "relative_strength": 0.744349,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.770667,
        "energy": 14.179232,
        "activity_lines": [
          1.739154,
          1.736536,
          1.732283,
          1.760637
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1.710927,
        "volume": 884300,
        "typical_volume": 1546160.0,
        "trend": 1.798202,
        "fair_value": 1.877896,
        "relative_strength": -0.1271,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.319406,
        "energy": 26.513828,
        "activity_lines": [
          1.724753,
          1.735122,
          1.728456,
          1.754486
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1.685004,
        "volume": 618100,
        "typical_volume": 1497660.0,
        "trend": 1.789849,
        "fair_value": 1.879227,
        "relative_strength": -2.005841,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.863871,
        "energy": 39.377057,
        "activity_lines": [
          1.706318,
          1.727581,
          1.722901,
          1.747183
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1.702286,
        "volume": 467100,
        "typical_volume": 1456690.0,
        "trend": 1.781496,
        "fair_value": 1.880723,
        "relative_strength": -0.999927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.873466,
        "energy": 47.91617,
        "activity_lines": [
          1.702286,
          1.722553,
          1.719774,
          1.741533
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1.685004,
        "volume": 953100,
        "typical_volume": 1464725.0,
        "trend": 1.773719,
        "fair_value": 1.882271,
        "relative_strength": -2.836429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.622985,
        "energy": 53.894089,
        "activity_lines": [
          1.694221,
          1.713598,
          1.715618,
          1.735308
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1.667722,
        "volume": 2714500,
        "typical_volume": 1571855.0,
        "trend": 1.765942,
        "fair_value": 1.883818,
        "relative_strength": -1.759536,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.016142,
        "energy": 58.446228,
        "activity_lines": [
          1.684428,
          1.701972,
          1.710187,
          1.728469
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1.685004,
        "volume": 942200,
        "typical_volume": 1562345.0,
        "trend": 1.757589,
        "fair_value": 1.886074,
        "relative_strength": -2.125705,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.454904,
        "energy": 44.511872,
        "activity_lines": [
          1.6827,
          1.695216,
          1.707183,
          1.723248
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1.728209,
        "volume": 2323000,
        "typical_volume": 1586745.0,
        "trend": 1.7501,
        "fair_value": 1.887791,
        "relative_strength": 0.363929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.485222,
        "energy": 28.54286,
        "activity_lines": [
          1.697101,
          1.698044,
          1.708911,
          1.721352
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1.763394,
        "volume": 1911600,
        "typical_volume": 1618285.0,
        "trend": 1.746664,
        "fair_value": 1.888808,
        "relative_strength": 2.681195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -11.907652,
        "energy": 7.491993,
        "activity_lines": [
          1.720351,
          1.70884,
          1.714155,
          1.72221
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1.772345,
        "volume": 778400,
        "typical_volume": 1599525.0,
        "trend": 1.742951,
        "fair_value": 1.887868,
        "relative_strength": 3.352827,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.022208,
        "energy": 17.793244,
        "activity_lines": [
          1.742511,
          1.720624,
          1.720248,
          1.723867
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1.763394,
        "volume": 808600,
        "typical_volume": 1470605.0,
        "trend": 1.739515,
        "fair_value": 1.887416,
        "relative_strength": 2.920455,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.68868,
        "energy": 34.175046,
        "activity_lines": [
          1.755864,
          1.730293,
          1.725278,
          1.725186
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1.772345,
        "volume": 701500,
        "typical_volume": 1442745.0,
        "trend": 1.736378,
        "fair_value": 1.887238,
        "relative_strength": 1.85135,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.569507,
        "energy": 55.864369,
        "activity_lines": [
          1.765822,
          1.740478,
          1.7305,
          1.727304
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1.754443,
        "volume": 85700,
        "typical_volume": 1376905.0,
        "trend": 1.73322,
        "fair_value": 1.886728,
        "relative_strength": 5.603246,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.930643,
        "energy": 53.731409,
        "activity_lines": [
          1.763991,
          1.746291,
          1.733354,
          1.728469
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1.790248,
        "volume": 1602300,
        "typical_volume": 1389900.0,
        "trend": 1.731831,
        "fair_value": 1.884815,
        "relative_strength": 5.450217,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 68.219042,
        "energy": 60.366611,
        "activity_lines": [
          1.772345,
          1.757351,
          1.739123,
          1.732148
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1.790248,
        "volume": 1118500,
        "typical_volume": 1392850.0,
        "trend": 1.732747,
        "fair_value": 1.881813,
        "relative_strength": 4.501563,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.595962,
        "energy": 56.289832,
        "activity_lines": [
          1.77891,
          1.766813,
          1.744267,
          1.735917
        ]
      },
      {
        "date": "2024-05-10",
        "close": 2.02298,
        "volume": 12566400,
        "typical_volume": 1923340.0,
        "trend": 1.739116,
        "fair_value": 1.879541,
        "relative_strength": 17.352604,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.441046,
        "energy": 87.336121,
        "activity_lines": [
          1.861858,
          1.816675,
          1.771199,
          1.754642
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2.148298,
        "volume": 18146700,
        "typical_volume": 2779910.0,
        "trend": 1.750239,
        "fair_value": 1.878181,
        "relative_strength": 23.130535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.096546,
        "energy": 97.21263,
        "activity_lines": [
          1.969273,
          1.882864,
          1.808826,
          1.781041
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2.148298,
        "volume": 2290400,
        "typical_volume": 2758410.0,
        "trend": 1.76309,
        "fair_value": 1.876821,
        "relative_strength": 24.186114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.519231,
        "energy": 96.242119,
        "activity_lines": [
          2.051624,
          1.940629,
          1.8447,
          1.806722
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2.1662,
        "volume": 6361600,
        "typical_volume": 2896755.0,
        "trend": 1.776537,
        "fair_value": 1.875685,
        "relative_strength": 26.374567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.388822,
        "energy": 93.987202,
        "activity_lines": [
          2.113686,
          1.994011,
          1.88069,
          1.832729
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2.130395,
        "volume": 11646600,
        "typical_volume": 3408635.0,
        "trend": 1.789943,
        "fair_value": 1.874319,
        "relative_strength": 24.969782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.355285,
        "energy": 88.351237,
        "activity_lines": [
          2.13875,
          2.033559,
          1.911184,
          1.855559
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2.148298,
        "volume": 5673800,
        "typical_volume": 3629720.0,
        "trend": 1.807403,
        "fair_value": 1.873612,
        "relative_strength": 27.898044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.366481,
        "energy": 83.81489,
        "activity_lines": [
          2.147104,
          2.069852,
          1.94155,
          1.878678
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2.09459,
        "volume": 1916100,
        "typical_volume": 3681310.0,
        "trend": 1.822784,
        "fair_value": 1.870929,
        "relative_strength": 24.167519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.39244,
        "energy": 64.457311,
        "activity_lines": [
          2.129202,
          2.089382,
          1.964677,
          1.897207
        ]
      },
      {
        "date": "2024-06-28",
        "close": 2.076687,
        "volume": 1391800,
        "typical_volume": 3719995.0,
        "trend": 1.836992,
        "fair_value": 1.869763,
        "relative_strength": 23.077477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.493647,
        "energy": 54.72062,
        "activity_lines": [
          2.108912,
          2.099798,
          1.984273,
          1.913587
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2.09459,
        "volume": 2533700,
        "typical_volume": 3823325.0,
        "trend": 1.851509,
        "fair_value": 1.869474,
        "relative_strength": 22.574549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.627483,
        "energy": 43.824598,
        "activity_lines": [
          2.099364,
          2.10761,
          2.003708,
          1.930207
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2.148298,
        "volume": 1793200,
        "typical_volume": 3865330.0,
        "trend": 1.866088,
        "fair_value": 1.86942,
        "relative_strength": 23.210997,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.388082,
        "energy": 42.57685,
        "activity_lines": [
          2.112493,
          2.119654,
          2.02639,
          1.949354
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2.09459,
        "volume": 4561000,
        "typical_volume": 3957655.0,
        "trend": 1.877149,
        "fair_value": 1.869131,
        "relative_strength": 20.933125,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.887905,
        "energy": 34.582097,
        "activity_lines": [
          2.106525,
          2.115422,
          2.041751,
          1.964096
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2.09459,
        "volume": 4300700,
        "typical_volume": 4125580.0,
        "trend": 1.887633,
        "fair_value": 1.869387,
        "relative_strength": 21.214822,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.190254,
        "energy": 31.67586,
        "activity_lines": [
          2.104138,
          2.109889,
          2.05508,
          1.978125
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2.09459,
        "volume": 620100,
        "typical_volume": 4040435.0,
        "trend": 1.896965,
        "fair_value": 1.869424,
        "relative_strength": 20.056331,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.568056,
        "energy": 29.009575,
        "activity_lines": [
          2.101751,
          2.105332,
          2.066458,
          1.991477
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2.058785,
        "volume": 2355400,
        "typical_volume": 4062625.0,
        "trend": 1.907985,
        "fair_value": 1.869232,
        "relative_strength": 18.898909,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.131269,
        "energy": 22.974058,
        "activity_lines": [
          2.086236,
          2.095241,
          2.072681,
          2.001917
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2.076687,
        "volume": 4598100,
        "typical_volume": 4253610.0,
        "trend": 1.919024,
        "fair_value": 1.869699,
        "relative_strength": 18.859184,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.284113,
        "energy": 20.710326,
        "activity_lines": [
          2.079074,
          2.090358,
          2.079202,
          2.012801
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2.09459,
        "volume": 1225300,
        "typical_volume": 4274445.0,
        "trend": 1.932101,
        "fair_value": 1.869628,
        "relative_strength": 14.718909,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.50599,
        "energy": 20.136844,
        "activity_lines": [
          2.082655,
          2.089707,
          2.08598,
          2.024128
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2.076687,
        "volume": 1880300,
        "typical_volume": 4333385.0,
        "trend": 1.944293,
        "fair_value": 1.86966,
        "relative_strength": 12.868808,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.943326,
        "energy": 14.933417,
        "activity_lines": [
          2.080268,
          2.086778,
          2.089475,
          2.033456
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2.363127,
        "volume": 19605700,
        "typical_volume": 5309385.0,
        "trend": 1.966897,
        "fair_value": 1.871745,
        "relative_strength": 21.493362,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 78.199329,
        "energy": 53.374391,
        "activity_lines": [
          2.174554,
          2.136254,
          2.118801,
          2.060477
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2.23781,
        "volume": 5898400,
        "typical_volume": 5524190.0,
        "trend": 1.984748,
        "fair_value": 1.87183,
        "relative_strength": 14.728989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.814232,
        "energy": 54.529895,
        "activity_lines": [
          2.209166,
          2.157737,
          2.133293,
          2.077956
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2.202005,
        "volume": 5074300,
        "typical_volume": 5721980.0,
        "trend": 2.001982,
        "fair_value": 1.870379,
        "relative_strength": 10.301935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.498443,
        "energy": 56.5895,
        "activity_lines": [
          2.219907,
          2.170106,
          2.142245,
          2.091972
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2.202005,
        "volume": 5596000,
        "typical_volume": 5373460.0,
        "trend": 2.019791,
        "fair_value": 1.870125,
        "relative_strength": 9.99838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.419364,
        "energy": 55.446206,
        "activity_lines": [
          2.222294,
          2.181498,
          2.149235,
          2.104877
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2.005077,
        "volume": 6990100,
        "typical_volume": 4815630.0,
        "trend": 2.03046,
        "fair_value": 1.868501,
        "relative_strength": 0.342626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 18.920457,
        "energy": 12.591251,
        "activity_lines": [
          2.151878,
          2.155133,
          2.136618,
          2.103928
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2.005077,
        "volume": 3351900,
        "typical_volume": 4868705.0,
        "trend": 2.039689,
        "fair_value": 1.867311,
        "relative_strength": -1.560216,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.939265,
        "energy": 13.00374,
        "activity_lines": [
          2.086235,
          2.130395,
          2.124683,
          2.10229
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1.969272,
        "volume": 2016000,
        "typical_volume": 4651425.0,
        "trend": 2.046552,
        "fair_value": 1.866001,
        "relative_strength": -4.630972,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.498221,
        "energy": 27.233913,
        "activity_lines": [
          2.032528,
          2.100774,
          2.11002,
          2.097747
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1.933468,
        "volume": 990300,
        "typical_volume": 4118610.0,
        "trend": 2.051922,
        "fair_value": 1.865006,
        "relative_strength": -4.743676,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.210432,
        "energy": 36.678155,
        "activity_lines": [
          1.984788,
          2.066271,
          2.092885,
          2.090451
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1.933468,
        "volume": 5023600,
        "typical_volume": 4086100.0,
        "trend": 2.057592,
        "fair_value": 1.863684,
        "relative_strength": -4.896537,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.544596,
        "energy": 54.32652,
        "activity_lines": [
          1.954951,
          2.034372,
          2.076687,
          2.082809
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1.915565,
        "volume": 1013600,
        "typical_volume": 4040975.0,
        "trend": 2.062366,
        "fair_value": 1.862683,
        "relative_strength": -5.894178,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.89192,
        "energy": 57.209702,
        "activity_lines": [
          1.937048,
          2.002148,
          2.059808,
          2.073646
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1.843955,
        "volume": 1827100,
        "typical_volume": 4062740.0,
        "trend": 2.065349,
        "fair_value": 1.861658,
        "relative_strength": -8.193045,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.329449,
        "energy": 70.306856,
        "activity_lines": [
          1.901243,
          1.959833,
          2.036961,
          2.059555
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1.933468,
        "volume": 967400,
        "typical_volume": 3984425.0,
        "trend": 2.070123,
        "fair_value": 1.861643,
        "relative_strength": -4.203137,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.529404,
        "energy": 53.672099,
        "activity_lines": [
          1.906017,
          1.943233,
          2.023747,
          2.051046
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1.95137,
        "volume": 1707300,
        "typical_volume": 3980130.0,
        "trend": 2.075494,
        "fair_value": 1.863157,
        "relative_strength": -2.276195,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.088289,
        "energy": 39.368536,
        "activity_lines": [
          1.919146,
          1.935421,
          2.013006,
          2.043385
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1.969272,
        "volume": 1562900,
        "typical_volume": 3830225.0,
        "trend": 2.073704,
        "fair_value": 1.864895,
        "relative_strength": -3.244395,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.938678,
        "energy": 33.454425,
        "activity_lines": [
          1.937048,
          1.935421,
          2.004907,
          2.036532
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2.005077,
        "volume": 1187500,
        "typical_volume": 3674565.0,
        "trend": 2.06893,
        "fair_value": 1.865556,
        "relative_strength": -0.322244,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.164187,
        "energy": 22.05316,
        "activity_lines": [
          1.964498,
          1.946162,
          2.000815,
          2.032104
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1.95137,
        "volume": 1578600,
        "typical_volume": 3722490.0,
        "trend": 2.062365,
        "fair_value": 1.866091,
        "relative_strength": 1.497707,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.979046,
        "energy": 19.843121,
        "activity_lines": [
          1.968079,
          1.947138,
          1.992034,
          2.02452
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1.969272,
        "volume": 569200,
        "typical_volume": 3633180.0,
        "trend": 2.055801,
        "fair_value": 1.866849,
        "relative_strength": -0.431898,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.195267,
        "energy": 18.699548,
        "activity_lines": [
          1.970466,
          1.952346,
          1.98564,
          2.018514
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2.040882,
        "volume": 1727500,
        "typical_volume": 3489650.0,
        "trend": 2.052817,
        "fair_value": 1.868175,
        "relative_strength": 4.14506,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.181511,
        "energy": 16.449805,
        "activity_lines": [
          1.994336,
          1.970574,
          1.986493,
          2.017551
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1.969272,
        "volume": 1322900,
        "typical_volume": 3494530.0,
        "trend": 2.04685,
        "fair_value": 1.868824,
        "relative_strength": 1.423778,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.634543,
        "energy": 15.234366,
        "activity_lines": [
          1.988368,
          1.973829,
          1.980696,
          2.012161
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1.915565,
        "volume": 2250900,
        "typical_volume": 3513060.0,
        "trend": 2.040882,
        "fair_value": 1.869456,
        "relative_strength": 0.444804,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.640506,
        "energy": 24.337703,
        "activity_lines": [
          1.964498,
          1.966668,
          1.970381,
          2.003691
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2.005077,
        "volume": 1640500,
        "typical_volume": 2614800.0,
        "trend": 2.038495,
        "fair_value": 1.871315,
        "relative_strength": 3.763081,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.911378,
        "energy": 9.720475,
        "activity_lines": [
          1.976433,
          1.975782,
          1.969358,
          2.001381
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2.040882,
        "volume": 1092600,
        "typical_volume": 2374510.0,
        "trend": 2.036705,
        "fair_value": 1.873294,
        "relative_strength": 8.333353,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.05117,
        "energy": 5.525822,
        "activity_lines": [
          1.996723,
          1.988477,
          1.97345,
          2.001535
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2.005077,
        "volume": 1160200,
        "typical_volume": 2178805.0,
        "trend": 2.031931,
        "fair_value": 1.875044,
        "relative_strength": 8.612818,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.929377,
        "energy": 7.474928,
        "activity_lines": [
          2.000303,
          1.992708,
          1.975069,
          1.999495
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2.040882,
        "volume": 993100,
        "typical_volume": 1948660.0,
        "trend": 2.030141,
        "fair_value": 1.876805,
        "relative_strength": 10.863232,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.967493,
        "energy": 12.101983,
        "activity_lines": [
          2.018206,
          2.002473,
          1.981037,
          2.000072
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2.040882,
        "volume": 868300,
        "typical_volume": 1642570.0,
        "trend": 2.028351,
        "fair_value": 1.879002,
        "relative_strength": 12.519724,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.290293,
        "energy": 26.078178,
        "activity_lines": [
          2.031334,
          2.010936,
          1.987771,
          2.000765
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2.005077,
        "volume": 3371100,
        "typical_volume": 1643530.0,
        "trend": 2.025367,
        "fair_value": 1.881732,
        "relative_strength": 13.777164,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.728643,
        "energy": 11.309981,
        "activity_lines": [
          2.024173,
          2.012238,
          1.990926,
          1.999264
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2.040882,
        "volume": 1426700,
        "typical_volume": 1614065.0,
        "trend": 2.02477,
        "fair_value": 1.884255,
        "relative_strength": 15.241335,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.853755,
        "energy": 16.984747,
        "activity_lines": [
          2.028947,
          2.019074,
          1.99749,
          2.000265
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2.040882,
        "volume": 1535000,
        "typical_volume": 1641300.0,
        "trend": 2.023576,
        "fair_value": 1.887051,
        "relative_strength": 17.264031,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.454434,
        "energy": 16.205412,
        "activity_lines": [
          2.033721,
          2.024607,
          2.003713,
          2.001304
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2.135368,
        "volume": 653400,
        "typical_volume": 1422790.0,
        "trend": 2.024936,
        "fair_value": 1.890398,
        "relative_strength": 20.547104,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.244615,
        "energy": 31.351299,
        "activity_lines": [
          2.067603,
          2.04732,
          2.018423,
          2.008517
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2.192059,
        "volume": 751300,
        "typical_volume": 1409675.0,
        "trend": 2.028782,
        "fair_value": 1.893999,
        "relative_strength": 23.998053,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.652101,
        "energy": 54.960037,
        "activity_lines": [
          2.114084,
          2.07732,
          2.037572,
          2.019299
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2.154265,
        "volume": 1285500,
        "typical_volume": 1382595.0,
        "trend": 2.021819,
        "fair_value": 1.897467,
        "relative_strength": 26.279651,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 64.204986,
        "energy": 65.683129,
        "activity_lines": [
          2.137887,
          2.095422,
          2.051804,
          2.027394
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2.078676,
        "volume": 840700,
        "typical_volume": 1376260.0,
        "trend": 2.016515,
        "fair_value": 1.900397,
        "relative_strength": 20.600542,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.126461,
        "energy": 59.788472,
        "activity_lines": [
          2.126549,
          2.097067,
          2.057359,
          2.031063
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2.078676,
        "volume": 212100,
        "typical_volume": 1301500.0,
        "trend": 2.012404,
        "fair_value": 1.90338,
        "relative_strength": 17.541149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.216733,
        "energy": 44.028309,
        "activity_lines": [
          2.112691,
          2.098025,
          2.062223,
          2.035073
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2.078676,
        "volume": 747300,
        "typical_volume": 1260720.0,
        "trend": 2.008293,
        "fair_value": 1.906255,
        "relative_strength": 16.031902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.934995,
        "energy": 22.830585,
        "activity_lines": [
          2.096313,
          2.097646,
          2.066481,
          2.039349
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2.135368,
        "volume": 1050600,
        "typical_volume": 1253875.0,
        "trend": 2.012636,
        "fair_value": 1.908622,
        "relative_strength": 14.546115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.669702,
        "energy": 21.910788,
        "activity_lines": [
          2.102613,
          2.106886,
          2.075617,
          2.047547
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2.135368,
        "volume": 859900,
        "typical_volume": 1217940.0,
        "trend": 2.016979,
        "fair_value": 1.911207,
        "relative_strength": 13.011092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.369324,
        "energy": 24.250597,
        "activity_lines": [
          2.112691,
          2.114409,
          2.084132,
          2.055465
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2.154265,
        "volume": 513200,
        "typical_volume": 1215140.0,
        "trend": 2.023146,
        "fair_value": 1.912607,
        "relative_strength": 15.105963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.437793,
        "energy": 32.619543,
        "activity_lines": [
          2.130329,
          2.122999,
          2.093571,
          2.064322
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2.116471,
        "volume": 3234400,
        "typical_volume": 1290485.0,
        "trend": 2.029246,
        "fair_value": 1.914309,
        "relative_strength": 14.635974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.526251,
        "energy": 30.907802,
        "activity_lines": [
          2.130329,
          2.122655,
          2.09853,
          2.070343
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2.135368,
        "volume": 672400,
        "typical_volume": 1257960.0,
        "trend": 2.035976,
        "fair_value": 1.916567,
        "relative_strength": 18.035777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.870168,
        "energy": 32.00519,
        "activity_lines": [
          2.134108,
          2.124373,
          2.104929,
          2.07719
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2.135368,
        "volume": 429800,
        "typical_volume": 1166905.0,
        "trend": 2.043302,
        "fair_value": 1.917628,
        "relative_strength": 18.952454,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.850247,
        "energy": 29.247114,
        "activity_lines": [
          2.134108,
          2.126091,
          2.110536,
          2.083602
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2.116471,
        "volume": 660300,
        "typical_volume": 1117895.0,
        "trend": 2.052386,
        "fair_value": 1.917915,
        "relative_strength": 18.992632,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.491054,
        "energy": 23.478301,
        "activity_lines": [
          2.127809,
          2.125404,
          2.113298,
          2.088323
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2.040882,
        "volume": 1173800,
        "typical_volume": 1121955.0,
        "trend": 2.055967,
        "fair_value": 1.915866,
        "relative_strength": 20.211614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 19.457309,
        "energy": 10.195182,
        "activity_lines": [
          2.097574,
          2.111661,
          2.108329,
          2.087581
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2.116471,
        "volume": 357400,
        "typical_volume": 1081815.0,
        "trend": 2.06147,
        "fair_value": 1.916479,
        "relative_strength": 22.428964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.671133,
        "energy": 14.599661,
        "activity_lines": [
          2.100093,
          2.112348,
          2.11056,
          2.091484
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2.059779,
        "volume": 636000,
        "typical_volume": 1063960.0,
        "trend": 2.064487,
        "fair_value": 1.916512,
        "relative_strength": 14.822319,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.558942,
        "energy": 10.944338,
        "activity_lines": [
          2.083716,
          2.10204,
          2.106861,
          2.091375
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2.078676,
        "volume": 506000,
        "typical_volume": 1045845.0,
        "trend": 2.06694,
        "fair_value": 1.915794,
        "relative_strength": 15.418357,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.418929,
        "energy": 12.854998,
        "activity_lines": [
          2.078676,
          2.095512,
          2.104872,
          2.09229
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2.059779,
        "volume": 666600,
        "typical_volume": 910620.0,
        "trend": 2.070554,
        "fair_value": 1.915064,
        "relative_strength": 6.121019,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.066182,
        "energy": 11.571292,
        "activity_lines": [
          2.071117,
          2.086579,
          2.100903,
          2.091828
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2.059779,
        "volume": 298900,
        "typical_volume": 854230.0,
        "trend": 2.073571,
        "fair_value": 1.914117,
        "relative_strength": 5.086421,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.040707,
        "energy": 17.84926,
        "activity_lines": [
          2.067338,
          2.07902,
          2.096674,
          2.091133
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2.116471,
        "volume": 365700,
        "typical_volume": 795765.0,
        "trend": 2.07609,
        "fair_value": 1.91277,
        "relative_strength": 7.691538,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.514153,
        "energy": 9.65332,
        "activity_lines": [
          2.081196,
          2.083487,
          2.097754,
          2.093901
        ]
      },
      {
        "date": "2025-08-08",
        "close": 2.173162,
        "volume": 2617300,
        "typical_volume": 893960.0,
        "trend": 2.082887,
        "fair_value": 1.913638,
        "relative_strength": 6.821497,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.034694,
        "energy": 18.772014,
        "activity_lines": [
          2.113951,
          2.098261,
          2.103873,
          2.100164
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2.229853,
        "volume": 3878100,
        "typical_volume": 1050300.0,
        "trend": 2.093363,
        "fair_value": 1.91574,
        "relative_strength": 9.347617,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.176166,
        "energy": 43.20371,
        "activity_lines": [
          2.158044,
          2.122655,
          2.115211,
          2.109645
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2.343235,
        "volume": 6605100,
        "typical_volume": 1316280.0,
        "trend": 2.104635,
        "fair_value": 1.918787,
        "relative_strength": 15.018484,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 77.491262,
        "energy": 71.662535,
        "activity_lines": [
          2.229853,
          2.165946,
          2.137167,
          2.125766
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2.305441,
        "volume": 1026200,
        "typical_volume": 1325555.0,
        "trend": 2.113454,
        "fair_value": 1.922135,
        "relative_strength": 14.24434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.452304,
        "energy": 74.516043,
        "activity_lines": [
          2.270167,
          2.198243,
          2.154625,
          2.138721
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2.324338,
        "volume": 927700,
        "typical_volume": 1361335.0,
        "trend": 2.124096,
        "fair_value": 1.925387,
        "relative_strength": 12.371999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.752092,
        "energy": 77.02072,
        "activity_lines": [
          2.300402,
          2.229166,
          2.172802,
          2.152327
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2.381029,
        "volume": 2380300,
        "typical_volume": 1442985.0,
        "trend": 2.135434,
        "fair_value": 1.929547,
        "relative_strength": 12.192641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.416201,
        "energy": 79.42258,
        "activity_lines": [
          2.335676,
          2.266616,
          2.195208,
          2.168903
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2.362132,
        "volume": 3977700,
        "typical_volume": 1589340.0,
        "trend": 2.146142,
        "fair_value": 1.933695,
        "relative_strength": 10.975928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.62695,
        "energy": 74.215848,
        "activity_lines": [
          2.350794,
          2.29479,
          2.214375,
          2.183529
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2.437721,
        "volume": 4263000,
        "typical_volume": 1759495.0,
        "trend": 2.160564,
        "fair_value": 1.939143,
        "relative_strength": 15.257133,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.759485,
        "energy": 78.793323,
        "activity_lines": [
          2.382289,
          2.331553,
          2.239661,
          2.20234
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2.418823,
        "volume": 2292600,
        "typical_volume": 1848465.0,
        "trend": 2.173162,
        "fair_value": 1.944361,
        "relative_strength": 12.419645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.979104,
        "energy": 69.100528,
        "activity_lines": [
          2.401186,
          2.358009,
          2.261708,
          2.219002
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2.381029,
        "volume": 2133100,
        "typical_volume": 1793400.0,
        "trend": 2.1845,
        "fair_value": 1.949664,
        "relative_strength": 10.611401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.825631,
        "energy": 56.757115,
        "activity_lines": [
          2.399926,
          2.371065,
          2.278895,
          2.232413
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2.343235,
        "volume": 1542800,
        "typical_volume": 1836920.0,
        "trend": 2.191429,
        "fair_value": 1.954398,
        "relative_strength": 9.263157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.201572,
        "energy": 46.423808,
        "activity_lines": [
          2.382289,
          2.37244,
          2.291223,
          2.242654
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2.286544,
        "volume": 1817500,
        "typical_volume": 1906305.0,
        "trend": 2.194578,
        "fair_value": 1.958768,
        "relative_strength": 2.937584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.137569,
        "energy": 30.295876,
        "activity_lines": [
          2.348274,
          2.360414,
          2.297162,
          2.248791
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2.305441,
        "volume": 1262100,
        "typical_volume": 1936395.0,
        "trend": 2.199618,
        "fair_value": 1.963151,
        "relative_strength": 3.619181,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.566084,
        "energy": 20.604386,
        "activity_lines": [
          2.325598,
          2.350794,
          2.304181,
          2.255943
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2.267647,
        "volume": 1193000,
        "typical_volume": 1937355.0,
        "trend": 2.205917,
        "fair_value": 1.966802,
        "relative_strength": 1.936871,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.97565,
        "energy": 22.473454,
        "activity_lines": [
          2.299142,
          2.334989,
          2.306701,
          2.260332
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2.24875,
        "volume": 2068700,
        "typical_volume": 2022920.0,
        "trend": 2.211586,
        "fair_value": 1.970004,
        "relative_strength": 3.193769,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.602918,
        "energy": 19.4074,
        "activity_lines": [
          2.276466,
          2.316436,
          2.306341,
          2.263095
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2.210956,
        "volume": 575600,
        "typical_volume": 2019900.0,
        "trend": 2.215995,
        "fair_value": 1.973074,
        "relative_strength": 2.17412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.66851,
        "energy": 13.85501,
        "activity_lines": [
          2.25001,
          2.292385,
          2.301752,
          2.263055
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2.24875,
        "volume": 969000,
        "typical_volume": 2043050.0,
        "trend": 2.219774,
        "fair_value": 1.976603,
        "relative_strength": 3.245061,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.307735,
        "energy": 16.642934,
        "activity_lines": [
          2.244971,
          2.278298,
          2.300042,
          2.265168
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2.24875,
        "volume": 915100,
        "typical_volume": 2055475.0,
        "trend": 2.223554,
        "fair_value": 1.980024,
        "relative_strength": 1.400312,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.625977,
        "energy": 15.519401,
        "activity_lines": [
          2.242451,
          2.266273,
          2.297522,
          2.267037
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2.267647,
        "volume": 236400,
        "typical_volume": 2052350.0,
        "trend": 2.227333,
        "fair_value": 1.983566,
        "relative_strength": 3.39064,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.65103,
        "energy": 12.90595,
        "activity_lines": [
          2.25001,
          2.261119,
          2.295903,
          2.269882
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2.267647,
        "volume": 913500,
        "typical_volume": 2079740.0,
        "trend": 2.232372,
        "fair_value": 1.987216,
        "relative_strength": 3.115843,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.357657,
        "energy": 8.402727,
        "activity_lines": [
          2.257569,
          2.258714,
          2.293293,
          2.272483
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2.173162,
        "volume": 2719700,
        "typical_volume": 2084860.0,
        "trend": 2.233632,
        "fair_value": 1.990261,
        "relative_strength": -2.078438,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.512408,
        "energy": 16.019655,
        "activity_lines": [
          2.232373,
          2.241191,
          2.280965,
          2.268663
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2.229853,
        "volume": 293900,
        "typical_volume": 1905650.0,
        "trend": 2.236782,
        "fair_value": 1.993887,
        "relative_strength": 0.118748,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -9.679363,
        "energy": 11.793401,
        "activity_lines": [
          2.228593,
          2.237068,
          2.274036,
          2.268419
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2.24875,
        "volume": 865600,
        "typical_volume": 1618675.0,
        "trend": 2.241191,
        "fair_value": 1.997417,
        "relative_strength": 1.027918,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.207615,
        "energy": 14.326062,
        "activity_lines": [
          2.232373,
          2.237412,
          2.268907,
          2.269191
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2.24875,
        "volume": 1034700,
        "typical_volume": 1619100.0,
        "trend": 2.24812,
        "fair_value": 2.001001,
        "relative_strength": -1.033871,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.655638,
        "energy": 14.146007,
        "activity_lines": [
          2.236152,
          2.238786,
          2.264228,
          2.269679
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2.305441,
        "volume": 2018400,
        "typical_volume": 1673635.0,
        "trend": 2.254419,
        "fair_value": 2.004948,
        "relative_strength": -1.822825,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.763382,
        "energy": 5.780133,
        "activity_lines": [
          2.260088,
          2.250811,
          2.265217,
          2.273377
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2.362132,
        "volume": 2064900,
        "typical_volume": 1657865.0,
        "trend": 2.264497,
        "fair_value": 2.008225,
        "relative_strength": -0.506386,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.910957,
        "energy": 26.728756,
        "activity_lines": [
          2.300402,
          2.272114,
          2.271696,
          2.280326
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2.362132,
        "volume": 1052300,
        "typical_volume": 1511595.0,
        "trend": 2.273946,
        "fair_value": 2.010848,
        "relative_strength": -2.781066,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.039406,
        "energy": 36.512838,
        "activity_lines": [
          2.328117,
          2.290667,
          2.278265,
          2.286625
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2.343235,
        "volume": 625000,
        "typical_volume": 1329695.0,
        "trend": 2.283394,
        "fair_value": 2.013895,
        "relative_strength": -8.742933,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 27.48213,
        "energy": 38.394623,
        "activity_lines": [
          2.340715,
          2.303723,
          2.283035,
          2.291096
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2.362132,
        "volume": 780600,
        "typical_volume": 1254095.0,
        "trend": 2.293473,
        "fair_value": 2.016409,
        "relative_strength": -11.032564,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.11667,
        "energy": 46.411903,
        "activity_lines": [
          2.353313,
          2.318497,
          2.290053,
          2.296175
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2.513309,
        "volume": 5047500,
        "typical_volume": 1399815.0,
        "trend": 2.306701,
        "fair_value": 2.020546,
        "relative_strength": -8.325039,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.905956,
        "energy": 71.101977,
        "activity_lines": [
          2.408745,
          2.35904,
          2.31174,
          2.310358
        ]
      },
      {
        "date": "2026-03-06",
        "close": 2.551103,
        "volume": 3414000,
        "typical_volume": 1493375.0,
        "trend": 2.319299,
        "fair_value": 2.024598,
        "relative_strength": 0.711894,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.858504,
        "energy": 73.93974,
        "activity_lines": [
          2.462917,
          2.401988,
          2.336396,
          2.326126
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2.6,
        "volume": 6903400,
        "typical_volume": 1747670.0,
        "trend": 2.331637,
        "fair_value": 2.029073,
        "relative_strength": 2.600005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.017995,
        "energy": 79.568432,
        "activity_lines": [
          2.520789,
          2.446954,
          2.364719,
          2.344236
        ]
      },
      {
        "date": "2026-03-20",
        "close": 2.62,
        "volume": 2363500,
        "typical_volume": 1802740.0,
        "trend": 2.340863,
        "fair_value": 2.03346,
        "relative_strength": 1.652323,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.714227,
        "energy": 82.628648,
        "activity_lines": [
          2.569471,
          2.488827,
          2.393455,
          2.36284
        ]
      },
      {
        "date": "2026-03-27",
        "close": 2.62,
        "volume": 631100,
        "typical_volume": 1774645.0,
        "trend": 2.351348,
        "fair_value": 2.037515,
        "relative_strength": 0.723097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.697791,
        "energy": 82.076388,
        "activity_lines": [
          2.599701,
          2.52395,
          2.420692,
          2.380849
        ]
      },
      {
        "date": "2026-04-03",
        "close": 2.56,
        "volume": 249900,
        "typical_volume": 1683705.0,
        "trend": 2.359203,
        "fair_value": 2.041518,
        "relative_strength": -1.892446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.318128,
        "energy": 73.732192,
        "activity_lines": [
          2.59274,
          2.541414,
          2.440537,
          2.39431
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2.5,
        "volume": 204500,
        "typical_volume": 1665150.0,
        "trend": 2.363169,
        "fair_value": 2.044914,
        "relative_strength": -7.370254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.35348,
        "energy": 49.545931,
        "activity_lines": [
          2.562667,
          2.543341,
          2.453186,
          2.403394
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2.52,
        "volume": 175000,
        "typical_volume": 1625450.0,
        "trend": 2.368431,
        "fair_value": 2.048439,
        "relative_strength": -4.984729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.748649,
        "energy": 37.690493,
        "activity_lines": [
          2.542667,
          2.546397,
          2.466363,
          2.413512
        ]
      },
      {
        "date": "2026-04-24",
        "close": 2.56,
        "volume": 816000,
        "typical_volume": 1620495.0,
        "trend": 2.372507,
        "fair_value": 2.052552,
        "relative_strength": -1.692442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.212303,
        "energy": 31.902961,
        "activity_lines": [
          2.541333,
          2.553856,
          2.482058,
          2.425871
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2.56,
        "volume": 83400,
        "typical_volume": 1612845.0,
        "trend": 2.377213,
        "fair_value": 2.05722,
        "relative_strength": -4.097226,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.5031,
        "energy": 29.993612,
        "activity_lines": [
          2.544,
          2.557373,
          2.496271,
          2.437968
        ]
      },
      {
        "date": "2026-05-08",
        "close": 2.82,
        "volume": 5366400,
        "typical_volume": 1835490.0,
        "trend": 2.391846,
        "fair_value": 2.063664,
        "relative_strength": 5.041958,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 83.081566,
        "energy": 55.133987,
        "activity_lines": [
          2.637333,
          2.604566,
          2.533854,
          2.466535
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2.8,
        "volume": 1108100,
        "typical_volume": 1754910.0,
        "trend": 2.407071,
        "fair_value": 2.069205,
        "relative_strength": 3.040746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.155223,
        "energy": 73.698711,
        "activity_lines": [
          2.706667,
          2.642545,
          2.566902,
          2.492867
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2.8,
        "volume": 781800,
        "typical_volume": 1779305.0,
        "trend": 2.424186,
        "fair_value": 2.074746,
        "relative_strength": 1.630702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.621247,
        "energy": 77.224764,
        "activity_lines": [
          2.756,
          2.676,
          2.596964,
          2.518217
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2.74,
        "volume": 886000,
        "typical_volume": 1780325.0,
        "trend": 2.438672,
        "fair_value": 2.079571,
        "relative_strength": -2.313828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.598979,
        "energy": 76.434462,
        "activity_lines": [
          2.766667,
          2.694909,
          2.618598,
          2.538592
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2.8,
        "volume": 290200,
        "typical_volume": 1743100.0,
        "trend": 2.456417,
        "fair_value": 2.084336,
        "relative_strength": -0.955385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.45192,
        "energy": 77.095944,
        "activity_lines": [
          2.785333,
          2.722545,
          2.643606,
          2.561904
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2.8,
        "volume": 105200,
        "typical_volume": 1647440.0,
        "trend": 2.474792,
        "fair_value": 2.089213,
        "relative_strength": -1.430973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.343079,
        "energy": 66.69644,
        "activity_lines": [
          2.788,
          2.746909,
          2.665989,
          2.584071
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2.92,
        "volume": 1752800,
        "typical_volume": 1631835.0,
        "trend": 2.498426,
        "fair_value": 2.095301,
        "relative_strength": 4.156324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.827527,
        "energy": 74.329508,
        "activity_lines": [
          2.832,
          2.788727,
          2.697446,
          2.612794
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2.84,
        "volume": 921300,
        "typical_volume": 1625285.0,
        "trend": 2.518135,
        "fair_value": 2.100988,
        "relative_strength": 3.410787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.473419,
        "energy": 60.510105,
        "activity_lines": [
          2.841333,
          2.808364,
          2.718628,
          2.634831
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2.84,
        "volume": 90900,
        "typical_volume": 1598580.0,
        "trend": 2.537843,
        "fair_value": 2.106675,
        "relative_strength": -0.931765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.314974,
        "energy": 53.755842,
        "activity_lines": [
          2.848,
          2.822182,
          2.737534,
          2.655596
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2.82,
        "volume": 2739900,
        "typical_volume": 1696545.0,
        "trend": 2.556255,
        "fair_value": 2.112344,
        "relative_strength": -2.130786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.494924,
        "energy": 48.467525,
        "activity_lines": [
          2.841333,
          2.827273,
          2.752169,
          2.6738
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2.84,
        "volume": 1880700,
        "typical_volume": 1538205.0,
        "trend": 2.575333,
        "fair_value": 2.118031,
        "relative_strength": -2.515443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.082556,
        "energy": 40.295626,
        "activity_lines": [
          2.84,
          2.831273,
          2.766529,
          2.692106
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.02,
        "volume": 5341300,
        "typical_volume": 1634570.0,
        "trend": 2.603561,
        "fair_value": 2.125093,
        "relative_strength": 3.207331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.482635,
        "energy": 50.188437,
        "activity_lines": [
          2.896,
          2.867636,
          2.796476,
          2.720794
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3.08,
        "volume": 2525300,
        "typical_volume": 1415665.0,
        "trend": 2.631899,
        "fair_value": 2.13265,
        "relative_strength": 6.265028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.980424,
        "energy": 56.67609,
        "activity_lines": [
          2.965333,
          2.910909,
          2.829905,
          2.751532
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2.98,
        "volume": 3128200,
        "typical_volume": 1453900.0,
        "trend": 2.656274,
        "fair_value": 2.139345,
        "relative_strength": 3.377319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.093509,
        "energy": 68.369518,
        "activity_lines": [
          2.985333,
          2.930909,
          2.851524,
          2.77399
        ]
      }
    ],
    "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."
    }
  }
}