{
  "ticker": {
    "uuid": "4273cc56-fd90-457a-add3-12d41e086893",
    "symbol": "STP",
    "name": "Sahathai Printing & Packaging 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 62.993,
    "architecture_energy": 54.317,
    "architecture_maturity": 48.828,
    "architecture_confidence": 70.249,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 8.92,
        "rotation_up": 60.58,
        "upward_expansion": 81.88,
        "deceleration": 66.58,
        "rotation_down": 19.62,
        "downward_expansion": 8.55
      },
      "activity_lines": [
        11.993333,
        11.818182,
        11.414471,
        11.10131
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.666667
    },
    "latest_close": 12.0,
    "trend_reference": 10.70686,
    "distance_from_trend": 0.120777,
    "trend_direction": "Improving",
    "fair_value": 10.058445,
    "distance_from_fair_value": 0.193027,
    "fair_value_direction": "Improving",
    "relative_strength": -0.984907,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.212648,
    "excess_performance": 0.020323,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.120777,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.066489,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.193027,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.126756,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.009849,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.090548,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.212648,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.155497,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 380900,
      "relative_activity": 2.907301,
      "balance": 1.155497,
      "dry_up": 2.261573,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.047436,
      "annualized_volatility": 0.222738,
      "from_high_reference": -0.04,
      "from_low_reference": 0.307882
    },
    "levels": {
      "trend_reference": 10.70686,
      "fair_value_reference": 10.058445,
      "structural_low": 9.607477,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": -0.00885,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.454545,
        "median_excess_return": 0.028326,
        "regime_survival": 0.727273,
        "best_return": 0.291666,
        "worst_return": -0.035714,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.060191,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.067728,
        "regime_survival": 0.5,
        "best_return": 0.263158,
        "worst_return": -0.132743,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.070796,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.18589,
        "regime_survival": 0.333333,
        "best_return": 0.558517,
        "worst_return": -0.190842,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.261086,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.293304,
        "regime_survival": 0.0,
        "best_return": 0.261086,
        "worst_return": 0.261086,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-26",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.050389,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-13",
        "end": "2024-09-27",
        "tenure": "New",
        "return": 0.025,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-04",
        "end": "2024-10-11",
        "tenure": "New",
        "return": 0.041322,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-18",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.056452,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2025-08-15",
        "tenure": "Extended",
        "return": -0.02045,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.004405,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.035398,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.074074,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-05",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": 0.015306,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-23",
        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.009804,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-13",
        "end": "2026-02-13",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-20",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.045045,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-27",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": 0.081278,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-22",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.061947,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 7.708092,
        "volume": 177500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 7.751395,
        "volume": 286000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 8.227738,
        "volume": 435900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 8.097827,
        "volume": 234000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 8.184435,
        "volume": 194700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 8.227738,
        "volume": 82100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 8.097827,
        "volume": 133600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 7.881308,
        "volume": 53800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 7.7947,
        "volume": 86600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 7.664787,
        "volume": 41300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 7.23175,
        "volume": 280700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 7.448269,
        "volume": 164500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 8.011219,
        "volume": 455000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 7.7947,
        "volume": 193100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 7.967916,
        "volume": 124600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 7.924611,
        "volume": 124700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 7.881308,
        "volume": 38700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 7.751395,
        "volume": 158800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 7.838004,
        "volume": 151300,
        "typical_volume": 176775.0,
        "trend": 7.853385,
        "fair_value": 9.972697,
        "relative_strength": -0.671247,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -15.842788,
        "energy": 7.953116,
        "activity_lines": [
          7.843777,
          7.817533,
          7.833682,
          7.829815
        ]
      },
      {
        "date": "2023-12-29",
        "close": 8.097827,
        "volume": 185900,
        "typical_volume": 180140.0,
        "trend": 7.859239,
        "fair_value": 9.94955,
        "relative_strength": 2.284372,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 25.839394,
        "energy": 13.663674,
        "activity_lines": [
          7.918838,
          7.88052,
          7.857181,
          7.845585
        ]
      },
      {
        "date": "2024-01-05",
        "close": 8.530868,
        "volume": 303900,
        "typical_volume": 186460.0,
        "trend": 7.865253,
        "fair_value": 9.932249,
        "relative_strength": 7.31507,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 69.746911,
        "energy": 50.830499,
        "activity_lines": [
          8.129584,
          8.014369,
          7.91925,
          7.888916
        ]
      },
      {
        "date": "2024-01-12",
        "close": 8.227738,
        "volume": 463500,
        "typical_volume": 195335.0,
        "trend": 7.865446,
        "fair_value": 9.911713,
        "relative_strength": 4.996477,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.770061,
        "energy": 53.178323,
        "activity_lines": [
          8.19887,
          8.069483,
          7.948532,
          7.912302
        ]
      },
      {
        "date": "2024-01-19",
        "close": 8.011219,
        "volume": 70000,
        "typical_volume": 177040.0,
        "trend": 7.858421,
        "fair_value": 9.889088,
        "relative_strength": 4.983441,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.415532,
        "energy": 51.100748,
        "activity_lines": [
          8.172887,
          8.071057,
          7.954924,
          7.921707
        ]
      },
      {
        "date": "2024-01-26",
        "close": 8.141131,
        "volume": 90400,
        "typical_volume": 169860.0,
        "trend": 7.87,
        "fair_value": 9.868524,
        "relative_strength": 8.212764,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.431189,
        "energy": 47.857456,
        "activity_lines": [
          8.172887,
          8.096252,
          7.97472,
          7.939946
        ]
      },
      {
        "date": "2024-02-02",
        "close": 8.097827,
        "volume": 163100,
        "typical_volume": 168280.0,
        "trend": 7.878709,
        "fair_value": 9.847934,
        "relative_strength": 6.791068,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.26844,
        "energy": 25.193958,
        "activity_lines": [
          8.138244,
          8.107275,
          7.990186,
          7.954645
        ]
      },
      {
        "date": "2024-02-09",
        "close": 8.314348,
        "volume": 56400,
        "typical_volume": 166995.0,
        "trend": 7.907482,
        "fair_value": 9.830307,
        "relative_strength": 9.658843,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.661036,
        "energy": 28.879911,
        "activity_lines": [
          8.175774,
          8.155303,
          8.026685,
          7.982751
        ]
      },
      {
        "date": "2024-02-16",
        "close": 8.314348,
        "volume": 72000,
        "typical_volume": 163915.0,
        "trend": 7.934828,
        "fair_value": 9.81308,
        "relative_strength": 10.117957,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.925233,
        "energy": 33.956715,
        "activity_lines": [
          8.22774,
          8.196246,
          8.062772,
          8.009
        ]
      },
      {
        "date": "2024-02-23",
        "close": 8.141131,
        "volume": 101500,
        "typical_volume": 166300.0,
        "trend": 7.953545,
        "fair_value": 9.794294,
        "relative_strength": 7.288492,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.993041,
        "energy": 28.686135,
        "activity_lines": [
          8.216192,
          8.19782,
          8.081331,
          8.02231
        ]
      },
      {
        "date": "2024-03-01",
        "close": 8.530868,
        "volume": 475500,
        "typical_volume": 185745.0,
        "trend": 7.980971,
        "fair_value": 9.780256,
        "relative_strength": 14.899058,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.185163,
        "energy": 48.890878,
        "activity_lines": [
          8.325895,
          8.26317,
          8.13577,
          8.059556
        ]
      },
      {
        "date": "2024-03-08",
        "close": 10.739364,
        "volume": 4544400,
        "typical_volume": 410900.0,
        "trend": 8.087723,
        "fair_value": 9.790796,
        "relative_strength": 41.907404,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.35053,
        "energy": 87.886507,
        "activity_lines": [
          9.145782,
          8.717467,
          8.397037,
          8.237517
        ]
      },
      {
        "date": "2024-03-15",
        "close": 11.259009,
        "volume": 4242700,
        "typical_volume": 609000.0,
        "trend": 8.206087,
        "fair_value": 9.806754,
        "relative_strength": 47.443265,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.738556,
        "energy": 97.327642,
        "activity_lines": [
          9.962781,
          9.218217,
          8.693153,
          8.442116
        ]
      },
      {
        "date": "2024-03-22",
        "close": 10.825973,
        "volume": 1171400,
        "typical_volume": 659345.0,
        "trend": 8.308573,
        "fair_value": 9.817714,
        "relative_strength": 41.128804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.414905,
        "energy": 93.006548,
        "activity_lines": [
          10.439124,
          9.590631,
          8.92885,
          8.611141
        ]
      },
      {
        "date": "2024-03-29",
        "close": 10.566148,
        "volume": 2210100,
        "typical_volume": 747100.0,
        "trend": 8.38652,
        "fair_value": 9.825676,
        "relative_strength": 36.942114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.856421,
        "energy": 87.926007,
        "activity_lines": [
          10.661417,
          9.868563,
          9.123717,
          8.756791
        ]
      },
      {
        "date": "2024-04-05",
        "close": 10.392933,
        "volume": 486800,
        "typical_volume": 761785.0,
        "trend": 8.463023,
        "fair_value": 9.831647,
        "relative_strength": 33.881213,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.386551,
        "energy": 85.340524,
        "activity_lines": [
          10.664304,
          10.068548,
          9.289921,
          8.886237
        ]
      },
      {
        "date": "2024-04-12",
        "close": 10.392933,
        "volume": 558100,
        "typical_volume": 783460.0,
        "trend": 8.53664,
        "fair_value": 9.837494,
        "relative_strength": 30.898326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.325822,
        "energy": 60.495295,
        "activity_lines": [
          10.543053,
          10.227591,
          9.443753,
          9.010748
        ]
      },
      {
        "date": "2024-04-19",
        "close": 9.816279,
        "volume": 440000,
        "typical_volume": 799225.0,
        "trend": 8.589591,
        "fair_value": 9.837275,
        "relative_strength": 28.662877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.589145,
        "energy": 45.848421,
        "activity_lines": [
          10.25268,
          10.240059,
          9.531118,
          9.093305
        ]
      },
      {
        "date": "2024-04-26",
        "close": 10.612194,
        "volume": 426900,
        "typical_volume": 818635.0,
        "trend": 8.673404,
        "fair_value": 9.845182,
        "relative_strength": 35.076472,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.783558,
        "energy": 41.086096,
        "activity_lines": [
          10.323793,
          10.369931,
          9.685276,
          9.223796
        ]
      },
      {
        "date": "2024-05-03",
        "close": 11.319673,
        "volume": 880100,
        "typical_volume": 854700.0,
        "trend": 8.788016,
        "fair_value": 9.860076,
        "relative_strength": 41.468588,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.23981,
        "energy": 50.271331,
        "activity_lines": [
          10.644985,
          10.586656,
          9.893809,
          9.394523
        ]
      },
      {
        "date": "2024-05-10",
        "close": 11.938718,
        "volume": 460100,
        "typical_volume": 870140.0,
        "trend": 8.92615,
        "fair_value": 9.880863,
        "relative_strength": 47.19156,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 79.032034,
        "energy": 58.738661,
        "activity_lines": [
          11.12229,
          10.858144,
          10.144307,
          9.597794
        ]
      },
      {
        "date": "2024-05-17",
        "close": 12.380892,
        "volume": 1725800,
        "typical_volume": 947135.0,
        "trend": 9.083353,
        "fair_value": 9.905615,
        "relative_strength": 49.585708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.990327,
        "energy": 77.471573,
        "activity_lines": [
          11.643935,
          11.148065,
          10.41739,
          9.82068
        ]
      },
      {
        "date": "2024-05-24",
        "close": 12.557762,
        "volume": 436200,
        "typical_volume": 953750.0,
        "trend": 9.260887,
        "fair_value": 9.931617,
        "relative_strength": 51.76869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.867673,
        "energy": 83.671689,
        "activity_lines": [
          12.092005,
          11.440299,
          10.686921,
          10.044836
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.176806,
        "volume": 1828700,
        "typical_volume": 1022010.0,
        "trend": 9.451838,
        "fair_value": 9.963124,
        "relative_strength": 59.146652,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.524047,
        "energy": 88.960612,
        "activity_lines": [
          12.563658,
          11.821473,
          10.996234,
          10.297476
        ]
      },
      {
        "date": "2024-06-07",
        "close": 12.115588,
        "volume": 1339400,
        "typical_volume": 1085480.0,
        "trend": 9.58865,
        "fair_value": 9.98382,
        "relative_strength": 46.049475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.400407,
        "energy": 77.146848,
        "activity_lines": [
          12.510597,
          11.966956,
          11.180911,
          10.469331
        ]
      },
      {
        "date": "2024-06-14",
        "close": 12.204022,
        "volume": 891700,
        "typical_volume": 1125545.0,
        "trend": 9.735628,
        "fair_value": 10.004965,
        "relative_strength": 48.200666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.094542,
        "energy": 62.509718,
        "activity_lines": [
          12.433953,
          12.100345,
          11.354466,
          10.638064
        ]
      },
      {
        "date": "2024-06-21",
        "close": 12.557762,
        "volume": 810400,
        "typical_volume": 1157910.0,
        "trend": 9.888623,
        "fair_value": 10.029048,
        "relative_strength": 50.606239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.141474,
        "energy": 55.309521,
        "activity_lines": [
          12.457536,
          12.265123,
          11.542363,
          10.820137
        ]
      },
      {
        "date": "2024-06-28",
        "close": 12.380892,
        "volume": 288400,
        "typical_volume": 1169510.0,
        "trend": 10.037165,
        "fair_value": 10.051028,
        "relative_strength": 47.186079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.805798,
        "energy": 47.161512,
        "activity_lines": [
          12.41037,
          12.358381,
          11.692178,
          10.980929
        ]
      },
      {
        "date": "2024-07-05",
        "close": 12.115588,
        "volume": 273400,
        "typical_volume": 1179580.0,
        "trend": 10.178308,
        "fair_value": 10.070144,
        "relative_strength": 41.151644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.714619,
        "energy": 39.314014,
        "activity_lines": [
          12.286562,
          12.356774,
          11.797361,
          11.115021
        ]
      },
      {
        "date": "2024-07-12",
        "close": 12.823067,
        "volume": 709100,
        "typical_volume": 1209960.0,
        "trend": 10.347364,
        "fair_value": 10.0954,
        "relative_strength": 45.132676,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.28038,
        "energy": 46.568432,
        "activity_lines": [
          12.469327,
          12.456464,
          11.951822,
          11.28565
        ]
      },
      {
        "date": "2024-07-19",
        "close": 11.673412,
        "volume": 421400,
        "typical_volume": 1207255.0,
        "trend": 10.475211,
        "fair_value": 10.109746,
        "relative_strength": 32.097883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.075344,
        "energy": 29.790105,
        "activity_lines": [
          12.221709,
          12.319792,
          11.974497,
          11.371202
        ]
      },
      {
        "date": "2024-07-26",
        "close": 11.496543,
        "volume": 1586800,
        "typical_volume": 1059375.0,
        "trend": 10.588501,
        "fair_value": 10.12224,
        "relative_strength": 29.641646,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.895417,
        "energy": 19.432592,
        "activity_lines": [
          11.950509,
          12.155785,
          11.965363,
          11.437094
        ]
      },
      {
        "date": "2024-08-02",
        "close": 11.938718,
        "volume": 84100,
        "typical_volume": 851445.0,
        "trend": 10.702096,
        "fair_value": 10.138458,
        "relative_strength": 32.502643,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.388697,
        "energy": 16.90063,
        "activity_lines": [
          11.897448,
          12.088253,
          11.994735,
          11.524205
        ]
      },
      {
        "date": "2024-08-09",
        "close": 12.380892,
        "volume": 558200,
        "typical_volume": 820785.0,
        "trend": 10.840535,
        "fair_value": 10.158303,
        "relative_strength": 37.322112,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.647912,
        "energy": 20.21777,
        "activity_lines": [
          12.021257,
          12.112372,
          12.062982,
          11.632514
        ]
      },
      {
        "date": "2024-08-16",
        "close": 10.877499,
        "volume": 1179400,
        "typical_volume": 769250.0,
        "trend": 10.936077,
        "fair_value": 10.164611,
        "relative_strength": 19.020151,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.538271,
        "energy": 8.420669,
        "activity_lines": [
          11.626248,
          11.877617,
          11.980645,
          11.634899
        ]
      },
      {
        "date": "2024-08-23",
        "close": 11.142803,
        "volume": 305700,
        "typical_volume": 760195.0,
        "trend": 11.036133,
        "fair_value": 10.173117,
        "relative_strength": 16.217835,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.931145,
        "energy": 10.629594,
        "activity_lines": [
          11.449378,
          11.713611,
          11.922092,
          11.648236
        ]
      },
      {
        "date": "2024-08-30",
        "close": 10.646565,
        "volume": 826700,
        "typical_volume": 773625.0,
        "trend": 11.121091,
        "fair_value": 10.177199,
        "relative_strength": 9.932822,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -6.208284,
        "energy": 18.648061,
        "activity_lines": [
          11.142469,
          11.478674,
          11.812708,
          11.623103
        ]
      },
      {
        "date": "2024-09-06",
        "close": 10.91724,
        "volume": 360200,
        "typical_volume": 769635.0,
        "trend": 11.207854,
        "fair_value": 10.183524,
        "relative_strength": 6.619038,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.861795,
        "energy": 39.443252,
        "activity_lines": [
          10.982451,
          11.3277,
          11.727894,
          11.609951
        ]
      },
      {
        "date": "2024-09-13",
        "close": 10.827015,
        "volume": 218200,
        "typical_volume": 759200.0,
        "trend": 11.29161,
        "fair_value": 10.188977,
        "relative_strength": 5.331395,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.783418,
        "energy": 43.466607,
        "activity_lines": [
          10.860456,
          11.186933,
          11.629245,
          11.585381
        ]
      },
      {
        "date": "2024-09-20",
        "close": 10.91724,
        "volume": 339400,
        "typical_volume": 732165.0,
        "trend": 11.384147,
        "fair_value": 10.195097,
        "relative_strength": 3.627326,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.326166,
        "energy": 42.871278,
        "activity_lines": [
          10.872128,
          11.085999,
          11.538165,
          11.561228
        ]
      },
      {
        "date": "2024-09-27",
        "close": 11.097691,
        "volume": 610200,
        "typical_volume": 739670.0,
        "trend": 11.469707,
        "fair_value": 10.202619,
        "relative_strength": 4.854813,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.120914,
        "energy": 25.962069,
        "activity_lines": [
          10.9413,
          11.052526,
          11.466188,
          11.542747
        ]
      },
      {
        "date": "2024-10-04",
        "close": 10.91724,
        "volume": 343900,
        "typical_volume": 670575.0,
        "trend": 11.475637,
        "fair_value": 10.208525,
        "relative_strength": 3.006676,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.695325,
        "energy": 21.387935,
        "activity_lines": [
          10.95333,
          10.996711,
          11.38103,
          11.507104
        ]
      },
      {
        "date": "2024-10-11",
        "close": 11.368366,
        "volume": 209900,
        "typical_volume": 659260.0,
        "trend": 11.479282,
        "fair_value": 10.218032,
        "relative_strength": 4.729311,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -11.888729,
        "energy": 11.252124,
        "activity_lines": [
          11.097691,
          11.033452,
          11.345806,
          11.500183
        ]
      },
      {
        "date": "2024-10-18",
        "close": 11.187916,
        "volume": 58600,
        "typical_volume": 570755.0,
        "trend": 11.491347,
        "fair_value": 10.225917,
        "relative_strength": 1.167252,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -36.111491,
        "energy": 18.116782,
        "activity_lines": [
          11.151826,
          11.047754,
          11.29906,
          11.481386
        ]
      },
      {
        "date": "2024-10-25",
        "close": 11.819491,
        "volume": 186700,
        "typical_volume": 513120.0,
        "trend": 11.533125,
        "fair_value": 10.238768,
        "relative_strength": 8.004076,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -18.116881,
        "energy": 13.877968,
        "activity_lines": [
          11.392426,
          11.198579,
          11.321935,
          11.502556
        ]
      },
      {
        "date": "2024-11-01",
        "close": 12.090167,
        "volume": 92600,
        "typical_volume": 473165.0,
        "trend": 11.589699,
        "fair_value": 10.25358,
        "relative_strength": 9.572373,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.980505,
        "energy": 21.378704,
        "activity_lines": [
          11.663101,
          11.38149,
          11.371999,
          11.538494
        ]
      },
      {
        "date": "2024-11-08",
        "close": 11.458591,
        "volume": 355800,
        "typical_volume": 450435.0,
        "trend": 11.625221,
        "fair_value": 10.263143,
        "relative_strength": 3.269247,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 8.611918,
        "energy": 16.673382,
        "activity_lines": [
          11.657086,
          11.432344,
          11.362455,
          11.530036
        ]
      },
      {
        "date": "2024-11-15",
        "close": 11.187916,
        "volume": 413600,
        "typical_volume": 456695.0,
        "trend": 11.670942,
        "fair_value": 10.270425,
        "relative_strength": 1.790355,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -16.205082,
        "energy": 17.141132,
        "activity_lines": [
          11.524756,
          11.41922,
          11.332366,
          11.501823
        ]
      },
      {
        "date": "2024-11-22",
        "close": 11.097691,
        "volume": 117500,
        "typical_volume": 448900.0,
        "trend": 11.687126,
        "fair_value": 10.276888,
        "relative_strength": 0.2146,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -33.740649,
        "energy": 15.258814,
        "activity_lines": [
          11.374381,
          11.384771,
          11.299366,
          11.464839
        ]
      },
      {
        "date": "2024-11-29",
        "close": 10.646565,
        "volume": 294400,
        "typical_volume": 428165.0,
        "trend": 11.664689,
        "fair_value": 10.279753,
        "relative_strength": -3.013932,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.787724,
        "energy": 36.937236,
        "activity_lines": [
          11.079646,
          11.263377,
          11.228248,
          11.397706
        ]
      },
      {
        "date": "2024-12-06",
        "close": 10.55634,
        "volume": 53800,
        "typical_volume": 409785.0,
        "trend": 11.618609,
        "fair_value": 10.281881,
        "relative_strength": -5.821414,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -63.474138,
        "energy": 56.00193,
        "activity_lines": [
          10.83303,
          11.1305,
          11.158901,
          11.326199
        ]
      },
      {
        "date": "2024-12-13",
        "close": 10.55634,
        "volume": 33800,
        "typical_volume": 332135.0,
        "trend": 11.557791,
        "fair_value": 10.283976,
        "relative_strength": -4.913306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.697023,
        "energy": 63.845972,
        "activity_lines": [
          10.68867,
          11.007466,
          11.094874,
          11.257666
        ]
      },
      {
        "date": "2024-12-20",
        "close": 10.014989,
        "volume": 172800,
        "typical_volume": 336570.0,
        "trend": 11.473032,
        "fair_value": 10.281938,
        "relative_strength": -5.799061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.844515,
        "energy": 74.488667,
        "activity_lines": [
          10.42401,
          10.792566,
          10.983767,
          11.15813
        ]
      },
      {
        "date": "2024-12-27",
        "close": 10.375889,
        "volume": 83300,
        "typical_volume": 312825.0,
        "trend": 11.379668,
        "fair_value": 10.282645,
        "relative_strength": -5.332275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.73581,
        "energy": 66.93919,
        "activity_lines": [
          10.357844,
          10.667891,
          10.916192,
          11.087347
        ]
      },
      {
        "date": "2025-01-03",
        "close": 10.375889,
        "volume": 35200,
        "typical_volume": 255615.0,
        "trend": 11.321678,
        "fair_value": 10.283341,
        "relative_strength": -4.547075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.990176,
        "energy": 59.58183,
        "activity_lines": [
          10.339799,
          10.55798,
          10.858164,
          11.022587
        ]
      },
      {
        "date": "2025-01-10",
        "close": 10.375889,
        "volume": 92800,
        "typical_volume": 244970.0,
        "trend": 11.26074,
        "fair_value": 10.284026,
        "relative_strength": -3.792704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.652315,
        "energy": 47.717855,
        "activity_lines": [
          10.339799,
          10.474317,
          10.802525,
          10.961568
        ]
      },
      {
        "date": "2025-01-17",
        "close": 10.195439,
        "volume": 21100,
        "typical_volume": 204690.0,
        "trend": 11.181996,
        "fair_value": 10.283375,
        "relative_strength": -3.960678,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.259119,
        "energy": 40.176921,
        "activity_lines": [
          10.291679,
          10.389013,
          10.733353,
          10.892839
        ]
      },
      {
        "date": "2025-01-24",
        "close": 10.375889,
        "volume": 165900,
        "typical_volume": 194975.0,
        "trend": 11.115163,
        "fair_value": 10.28405,
        "relative_strength": -3.631722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.075518,
        "energy": 35.383818,
        "activity_lines": [
          10.327769,
          10.359485,
          10.683514,
          10.840832
        ]
      },
      {
        "date": "2025-01-31",
        "close": 10.195439,
        "volume": 10600,
        "typical_volume": 184595.0,
        "trend": 11.051158,
        "fair_value": 10.283408,
        "relative_strength": -2.904645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.137244,
        "energy": 36.136422,
        "activity_lines": [
          10.279649,
          10.311911,
          10.619068,
          10.781495
        ]
      },
      {
        "date": "2025-02-07",
        "close": 9.654088,
        "volume": 82400,
        "typical_volume": 171745.0,
        "trend": 10.945525,
        "fair_value": 10.278881,
        "relative_strength": -6.084498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.840621,
        "energy": 49.906975,
        "activity_lines": [
          10.063109,
          10.182315,
          10.506071,
          10.691362
        ]
      },
      {
        "date": "2025-02-14",
        "close": 9.654088,
        "volume": 43600,
        "typical_volume": 143415.0,
        "trend": 10.878214,
        "fair_value": 10.274418,
        "relative_strength": -5.706894,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.728867,
        "energy": 68.001543,
        "activity_lines": [
          9.894688,
          10.070764,
          10.39909,
          10.608043
        ]
      },
      {
        "date": "2025-02-21",
        "close": 10.105214,
        "volume": 63500,
        "typical_volume": 129395.0,
        "trend": 10.831837,
        "fair_value": 10.273218,
        "relative_strength": 0.202506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.887479,
        "energy": 58.581772,
        "activity_lines": [
          9.924764,
          10.057641,
          10.341947,
          10.558172
        ]
      },
      {
        "date": "2025-02-28",
        "close": 9.834538,
        "volume": 166200,
        "typical_volume": 127210.0,
        "trend": 10.761697,
        "fair_value": 10.270128,
        "relative_strength": 0.499513,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.850105,
        "energy": 61.060914,
        "activity_lines": [
          9.870628,
          10.003505,
          10.262893,
          10.49383
        ]
      },
      {
        "date": "2025-03-07",
        "close": 9.654088,
        "volume": 238100,
        "typical_volume": 136185.0,
        "trend": 10.670804,
        "fair_value": 10.26582,
        "relative_strength": -1.27246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.793095,
        "energy": 54.209211,
        "activity_lines": [
          9.792433,
          9.919842,
          10.173957,
          10.422372
        ]
      },
      {
        "date": "2025-03-14",
        "close": 9.473639,
        "volume": 179500,
        "typical_volume": 135825.0,
        "trend": 10.624009,
        "fair_value": 10.260319,
        "relative_strength": -0.772225,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.913281,
        "energy": 47.289064,
        "activity_lines": [
          9.690178,
          9.816493,
          10.075139,
          10.345135
        ]
      },
      {
        "date": "2025-03-21",
        "close": 9.473639,
        "volume": 202300,
        "typical_volume": 141310.0,
        "trend": 10.56837,
        "fair_value": 10.254894,
        "relative_strength": -1.880365,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.242314,
        "energy": 55.181668,
        "activity_lines": [
          9.599954,
          9.729549,
          9.987492,
          10.270918
        ]
      },
      {
        "date": "2025-03-28",
        "close": 9.473639,
        "volume": 72200,
        "typical_volume": 127130.0,
        "trend": 10.529272,
        "fair_value": 10.249543,
        "relative_strength": -1.040359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.266137,
        "energy": 56.130655,
        "activity_lines": [
          9.521759,
          9.65901,
          9.912304,
          10.20029
        ]
      },
      {
        "date": "2025-04-04",
        "close": 8.751837,
        "volume": 151100,
        "typical_volume": 114005.0,
        "trend": 10.457092,
        "fair_value": 10.239354,
        "relative_strength": -4.548488,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.540525,
        "energy": 70.066628,
        "activity_lines": [
          9.245068,
          9.470357,
          9.777826,
          10.085617
        ]
      },
      {
        "date": "2025-04-11",
        "close": 8.977399,
        "volume": 97300,
        "typical_volume": 112995.0,
        "trend": 10.395438,
        "fair_value": 10.230828,
        "relative_strength": -2.505337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.533438,
        "energy": 63.145042,
        "activity_lines": [
          9.115745,
          9.352244,
          9.67643,
          9.990153
        ]
      },
      {
        "date": "2025-04-18",
        "close": 9.353416,
        "volume": 12500,
        "typical_volume": 98900.0,
        "trend": 10.343311,
        "fair_value": 10.224939,
        "relative_strength": -0.566563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.899395,
        "energy": 46.843813,
        "activity_lines": [
          9.156874,
          9.324644,
          9.620942,
          9.922925
        ]
      },
      {
        "date": "2025-04-25",
        "close": 9.306414,
        "volume": 25800,
        "typical_volume": 97500.0,
        "trend": 10.283601,
        "fair_value": 10.218815,
        "relative_strength": -1.805668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.172431,
        "energy": 43.190237,
        "activity_lines": [
          9.19035,
          9.293965,
          9.567135,
          9.856029
        ]
      },
      {
        "date": "2025-05-02",
        "close": 9.400418,
        "volume": 13000,
        "typical_volume": 96460.0,
        "trend": 10.233041,
        "fair_value": 10.213396,
        "relative_strength": -4.025773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.607798,
        "energy": 33.17084,
        "activity_lines": [
          9.266309,
          9.286699,
          9.528233,
          9.799049
        ]
      },
      {
        "date": "2025-05-09",
        "close": 9.353416,
        "volume": 72700,
        "typical_volume": 91455.0,
        "trend": 10.165876,
        "fair_value": 10.207738,
        "relative_strength": -5.230567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.038307,
        "energy": 23.354203,
        "activity_lines": [
          9.331482,
          9.283701,
          9.490359,
          9.742299
        ]
      },
      {
        "date": "2025-05-16",
        "close": 9.776436,
        "volume": 323100,
        "typical_volume": 103445.0,
        "trend": 10.118826,
        "fair_value": 10.204919,
        "relative_strength": 0.496729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.109554,
        "energy": 15.342689,
        "activity_lines": [
          9.497556,
          9.366364,
          9.495923,
          9.717174
        ]
      },
      {
        "date": "2025-05-23",
        "close": 9.212411,
        "volume": 102500,
        "typical_volume": 106810.0,
        "trend": 10.031924,
        "fair_value": 10.198474,
        "relative_strength": -3.4254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.53813,
        "energy": 17.366752,
        "activity_lines": [
          9.422353,
          9.344252,
          9.450625,
          9.658696
        ]
      },
      {
        "date": "2025-05-30",
        "close": 9.400418,
        "volume": 81300,
        "typical_volume": 106235.0,
        "trend": 9.942265,
        "fair_value": 10.193325,
        "relative_strength": 1.263363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.945618,
        "energy": 14.959969,
        "activity_lines": [
          9.419219,
          9.361073,
          9.428773,
          9.617953
        ]
      },
      {
        "date": "2025-06-06",
        "close": 9.259413,
        "volume": 9300,
        "typical_volume": 105645.0,
        "trend": 9.86896,
        "fair_value": 10.187339,
        "relative_strength": 1.090417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.492129,
        "energy": 17.795648,
        "activity_lines": [
          9.362817,
          9.353588,
          9.398137,
          9.573898
        ]
      },
      {
        "date": "2025-06-13",
        "close": 9.306414,
        "volume": 31300,
        "typical_volume": 98915.0,
        "trend": 9.806243,
        "fair_value": 10.153793,
        "relative_strength": 3.104734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.725303,
        "energy": 24.790175,
        "activity_lines": [
          9.331482,
          9.358544,
          9.376434,
          9.537605
        ]
      },
      {
        "date": "2025-06-20",
        "close": 9.024403,
        "volume": 142500,
        "typical_volume": 105510.0,
        "trend": 9.737133,
        "fair_value": 10.126864,
        "relative_strength": 5.429956,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.680217,
        "energy": 29.670048,
        "activity_lines": [
          9.209277,
          9.302142,
          9.332966,
          9.487164
        ]
      },
      {
        "date": "2025-06-27",
        "close": 9.118406,
        "volume": 130500,
        "typical_volume": 107915.0,
        "trend": 9.686195,
        "fair_value": 10.112123,
        "relative_strength": 5.348687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.973234,
        "energy": 32.903873,
        "activity_lines": [
          9.168542,
          9.261976,
          9.304027,
          9.447246
        ]
      },
      {
        "date": "2025-07-04",
        "close": 9.118406,
        "volume": 52100,
        "typical_volume": 108340.0,
        "trend": 9.638263,
        "fair_value": 10.103173,
        "relative_strength": 2.087585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.749926,
        "energy": 38.289599,
        "activity_lines": [
          9.134074,
          9.226084,
          9.277639,
          9.410615
        ]
      },
      {
        "date": "2025-07-11",
        "close": 9.024403,
        "volume": 43600,
        "typical_volume": 107345.0,
        "trend": 9.587199,
        "fair_value": 10.095201,
        "relative_strength": 1.313214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.657242,
        "energy": 46.827743,
        "activity_lines": [
          9.087072,
          9.176518,
          9.244849,
          9.371011
        ]
      },
      {
        "date": "2025-07-18",
        "close": 9.071404,
        "volume": 71000,
        "typical_volume": 102585.0,
        "trend": 9.555746,
        "fair_value": 10.084371,
        "relative_strength": -5.062554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.725064,
        "energy": 43.34901,
        "activity_lines": [
          9.071404,
          9.142335,
          9.221681,
          9.337734
        ]
      },
      {
        "date": "2025-07-25",
        "close": 9.118406,
        "volume": 34300,
        "typical_volume": 92395.0,
        "trend": 9.51383,
        "fair_value": 10.072789,
        "relative_strength": -5.099076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.604658,
        "energy": 38.151417,
        "activity_lines": [
          9.087072,
          9.121825,
          9.206625,
          9.309518
        ]
      },
      {
        "date": "2025-08-01",
        "close": 9.494423,
        "volume": 185700,
        "typical_volume": 92705.0,
        "trend": 9.484448,
        "fair_value": 10.056245,
        "relative_strength": -0.967909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.080265,
        "energy": 13.325739,
        "activity_lines": [
          9.221811,
          9.181645,
          9.22993,
          9.308266
        ]
      },
      {
        "date": "2025-08-08",
        "close": 9.682432,
        "volume": 171000,
        "typical_volume": 91140.0,
        "trend": 9.461332,
        "fair_value": 10.044593,
        "relative_strength": -1.829662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.655913,
        "energy": 12.53543,
        "activity_lines": [
          9.394152,
          9.270522,
          9.271042,
          9.321039
        ]
      },
      {
        "date": "2025-08-15",
        "close": 10.340461,
        "volume": 293000,
        "typical_volume": 102180.0,
        "trend": 9.466167,
        "fair_value": 10.032946,
        "relative_strength": 4.848366,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 43.564701,
        "energy": 51.550118,
        "activity_lines": [
          9.748235,
          9.473913,
          9.373829,
          9.377757
        ]
      },
      {
        "date": "2025-08-22",
        "close": 10.904487,
        "volume": 319500,
        "typical_volume": 110600.0,
        "trend": 9.483787,
        "fair_value": 10.022275,
        "relative_strength": 10.969667,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 62.644602,
        "energy": 79.677148,
        "activity_lines": [
          10.202588,
          9.760199,
          9.526206,
          9.470552
        ]
      },
      {
        "date": "2025-08-29",
        "close": 10.952523,
        "volume": 126100,
        "typical_volume": 112040.0,
        "trend": 9.509023,
        "fair_value": 10.01618,
        "relative_strength": 12.688108,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 87.240501,
        "energy": 94.736178,
        "activity_lines": [
          10.550749,
          10.026162,
          9.672906,
          9.565309
        ]
      },
      {
        "date": "2025-09-05",
        "close": 10.856449,
        "volume": 156800,
        "typical_volume": 119255.0,
        "trend": 9.549101,
        "fair_value": 10.001466,
        "relative_strength": 8.960379,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.859059,
        "energy": 90.364286,
        "activity_lines": [
          10.74461,
          10.239601,
          9.801051,
          9.65224
        ]
      },
      {
        "date": "2025-09-12",
        "close": 10.952523,
        "volume": 72900,
        "typical_volume": 121610.0,
        "trend": 9.592383,
        "fair_value": 9.979364,
        "relative_strength": 7.249087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.814692,
        "energy": 89.328209,
        "activity_lines": [
          10.879694,
          10.438907,
          9.931189,
          9.742783
        ]
      },
      {
        "date": "2025-09-19",
        "close": 10.760374,
        "volume": 87700,
        "typical_volume": 125345.0,
        "trend": 9.614221,
        "fair_value": 9.955496,
        "relative_strength": 5.234918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.919128,
        "energy": 78.46761,
        "activity_lines": [
          10.866056,
          10.56993,
          10.035188,
          9.818138
        ]
      },
      {
        "date": "2025-09-26",
        "close": 10.760374,
        "volume": 75900,
        "typical_volume": 125505.0,
        "trend": 9.645082,
        "fair_value": 9.943901,
        "relative_strength": 6.188674,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.08822,
        "energy": 58.501278,
        "activity_lines": [
          10.824424,
          10.669389,
          10.132711,
          9.892083
        ]
      },
      {
        "date": "2025-10-03",
        "close": 10.760374,
        "volume": 61600,
        "typical_volume": 112430.0,
        "trend": 9.681959,
        "fair_value": 9.932306,
        "relative_strength": 4.775054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.742514,
        "energy": 51.446164,
        "activity_lines": [
          10.792399,
          10.73814,
          10.223534,
          9.964037
        ]
      },
      {
        "date": "2025-10-10",
        "close": 10.472149,
        "volume": 59000,
        "typical_volume": 110255.0,
        "trend": 9.715242,
        "fair_value": 9.91833,
        "relative_strength": 2.393685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.870962,
        "energy": 38.71014,
        "activity_lines": [
          10.677109,
          10.724632,
          10.282222,
          10.015017
        ]
      },
      {
        "date": "2025-10-17",
        "close": 10.376075,
        "volume": 58200,
        "typical_volume": 109100.0,
        "trend": 9.745323,
        "fair_value": 9.90694,
        "relative_strength": 2.28272,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.470477,
        "energy": 29.530344,
        "activity_lines": [
          10.555414,
          10.675879,
          10.325762,
          10.057652
        ]
      },
      {
        "date": "2025-10-24",
        "close": 10.472149,
        "volume": 37000,
        "typical_volume": 110485.0,
        "trend": 9.778607,
        "fair_value": 9.899366,
        "relative_strength": 0.167847,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.75569,
        "energy": 22.693909,
        "activity_lines": [
          10.504174,
          10.631983,
          10.373805,
          10.104544
        ]
      },
      {
        "date": "2025-10-31",
        "close": 10.376075,
        "volume": 63200,
        "typical_volume": 112080.0,
        "trend": 9.832748,
        "fair_value": 9.885308,
        "relative_strength": -0.336504,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.978062,
        "energy": 20.829979,
        "activity_lines": [
          10.440125,
          10.568224,
          10.406923,
          10.14309
        ]
      },
      {
        "date": "2025-11-07",
        "close": 10.472149,
        "volume": 74800,
        "typical_volume": 108695.0,
        "trend": 9.882573,
        "fair_value": 9.871865,
        "relative_strength": 1.042679,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.751401,
        "energy": 18.433537,
        "activity_lines": [
          10.433719,
          10.531541,
          10.444098,
          10.184342
        ]
      },
      {
        "date": "2025-11-14",
        "close": 9.703551,
        "volume": 142500,
        "typical_volume": 109295.0,
        "trend": 9.894245,
        "fair_value": 9.849227,
        "relative_strength": -3.865503,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.85106,
        "energy": 12.936793,
        "activity_lines": [
          10.19033,
          10.363847,
          10.401179,
          10.172792
        ]
      },
      {
        "date": "2025-11-21",
        "close": 9.895701,
        "volume": 68800,
        "typical_volume": 110130.0,
        "trend": 9.913887,
        "fair_value": 9.821951,
        "relative_strength": -0.852157,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.271816,
        "energy": 16.161893,
        "activity_lines": [
          10.06223,
          10.252051,
          10.373773,
          10.172886
        ]
      },
      {
        "date": "2025-11-28",
        "close": 9.607476,
        "volume": 82200,
        "typical_volume": 112060.0,
        "trend": 9.920789,
        "fair_value": 9.79763,
        "relative_strength": -3.958796,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.246189,
        "energy": 35.358719,
        "activity_lines": [
          9.870081,
          10.107065,
          10.315216,
          10.153117
        ]
      },
      {
        "date": "2025-12-05",
        "close": 9.415327,
        "volume": 84200,
        "typical_volume": 112720.0,
        "trend": 9.922853,
        "fair_value": 9.775279,
        "relative_strength": -7.168884,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.541229,
        "energy": 59.13333,
        "activity_lines": [
          9.671526,
          9.948105,
          10.235583,
          10.120507
        ]
      },
      {
        "date": "2025-12-12",
        "close": 9.36729,
        "volume": 57800,
        "typical_volume": 113895.0,
        "trend": 9.909215,
        "fair_value": 9.756354,
        "relative_strength": -6.215638,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.638652,
        "energy": 62.827435,
        "activity_lines": [
          9.521009,
          9.804866,
          10.149737,
          10.084664
        ]
      },
      {
        "date": "2025-12-19",
        "close": 9.36729,
        "volume": 72000,
        "typical_volume": 108210.0,
        "trend": 9.914378,
        "fair_value": 9.7433,
        "relative_strength": -6.105257,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.472527,
        "energy": 63.561467,
        "activity_lines": [
          9.44415,
          9.686957,
          10.062706,
          10.049701
        ]
      },
      {
        "date": "2025-12-26",
        "close": 9.319252,
        "volume": 87200,
        "typical_volume": 104020.0,
        "trend": 9.911672,
        "fair_value": 9.728336,
        "relative_strength": -7.109831,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.286491,
        "energy": 64.958911,
        "activity_lines": [
          9.373695,
          9.580401,
          9.971705,
          10.011306
        ]
      },
      {
        "date": "2026-01-02",
        "close": 9.36729,
        "volume": 39900,
        "typical_volume": 91365.0,
        "trend": 9.915268,
        "fair_value": 9.710479,
        "relative_strength": -6.649388,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.310142,
        "energy": 56.908318,
        "activity_lines": [
          9.357682,
          9.501794,
          9.887008,
          9.976184
        ]
      },
      {
        "date": "2026-01-09",
        "close": 9.559439,
        "volume": 28700,
        "typical_volume": 76825.0,
        "trend": 9.923702,
        "fair_value": 9.695988,
        "relative_strength": -4.319365,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.676519,
        "energy": 37.817216,
        "activity_lines": [
          9.421732,
          9.478212,
          9.825246,
          9.953228
        ]
      },
      {
        "date": "2026-01-16",
        "close": 9.559439,
        "volume": 68100,
        "typical_volume": 73925.0,
        "trend": 9.941537,
        "fair_value": 9.681497,
        "relative_strength": -5.907609,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -48.069515,
        "energy": 38.04916,
        "activity_lines": [
          9.476174,
          9.469478,
          9.769889,
          9.929727
        ]
      },
      {
        "date": "2026-01-23",
        "close": 9.799626,
        "volume": 103500,
        "typical_volume": 71260.0,
        "trend": 9.964244,
        "fair_value": 9.668546,
        "relative_strength": -6.343253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.071842,
        "energy": 26.250474,
        "activity_lines": [
          9.597869,
          9.521009,
          9.74404,
          9.920571
        ]
      },
      {
        "date": "2026-01-30",
        "close": 9.799626,
        "volume": 69400,
        "typical_volume": 71085.0,
        "trend": 9.986951,
        "fair_value": 9.656661,
        "relative_strength": -7.055015,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.450314,
        "energy": 23.131187,
        "activity_lines": [
          9.690741,
          9.570793,
          9.723224,
          9.909951
        ]
      },
      {
        "date": "2026-02-06",
        "close": 9.895701,
        "volume": 49700,
        "typical_volume": 69185.0,
        "trend": 10.015994,
        "fair_value": 9.64646,
        "relative_strength": -8.062462,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.11381,
        "energy": 22.836634,
        "activity_lines": [
          9.783614,
          9.639793,
          9.717048,
          9.904064
        ]
      },
      {
        "date": "2026-02-13",
        "close": 9.895701,
        "volume": 215800,
        "typical_volume": 76180.0,
        "trend": 10.043471,
        "fair_value": 9.638393,
        "relative_strength": -12.831464,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.677238,
        "energy": 23.774392,
        "activity_lines": [
          9.841259,
          9.703551,
          9.714989,
          9.896303
        ]
      },
      {
        "date": "2026-02-20",
        "close": 10.664299,
        "volume": 287300,
        "typical_volume": 87465.0,
        "trend": 10.095001,
        "fair_value": 9.635254,
        "relative_strength": -8.992031,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.266295,
        "energy": 43.230949,
        "activity_lines": [
          10.132685,
          9.898321,
          9.790247,
          9.936356
        ]
      },
      {
        "date": "2026-02-27",
        "close": 10.664299,
        "volume": 234900,
        "typical_volume": 96260.0,
        "trend": 10.133997,
        "fair_value": 9.640651,
        "relative_strength": -11.62737,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.653954,
        "energy": 66.592174,
        "activity_lines": [
          10.350455,
          10.069509,
          9.865963,
          9.973085
        ]
      },
      {
        "date": "2026-03-06",
        "close": 10.087851,
        "volume": 153100,
        "typical_volume": 101005.0,
        "trend": 10.147511,
        "fair_value": 9.641286,
        "relative_strength": -9.222361,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.578959,
        "energy": 48.846608,
        "activity_lines": [
          10.31843,
          10.112306,
          9.885865,
          9.970108
        ]
      },
      {
        "date": "2026-03-13",
        "close": 10.28,
        "volume": 245200,
        "typical_volume": 111415.0,
        "trend": 10.145495,
        "fair_value": 9.652224,
        "relative_strength": -7.250414,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 20.68684,
        "energy": 44.796257,
        "activity_lines": [
          10.33124,
          10.176065,
          9.925438,
          9.978656
        ]
      },
      {
        "date": "2026-03-20",
        "close": 10.183926,
        "volume": 22500,
        "typical_volume": 109380.0,
        "trend": 10.121477,
        "fair_value": 9.661479,
        "relative_strength": -9.438799,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 16.820757,
        "energy": 22.652893,
        "activity_lines": [
          10.286405,
          10.205761,
          9.956777,
          9.981135
        ]
      },
      {
        "date": "2026-03-27",
        "close": 9.895701,
        "volume": 68100,
        "typical_volume": 109045.0,
        "trend": 10.086249,
        "fair_value": 9.669953,
        "relative_strength": -12.595341,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.781509,
        "energy": 6.049988,
        "activity_lines": [
          10.126281,
          10.171698,
          9.961581,
          9.966569
        ]
      },
      {
        "date": "2026-04-03",
        "close": 9.895701,
        "volume": 50600,
        "typical_volume": 104450.0,
        "trend": 10.054224,
        "fair_value": 9.680029,
        "relative_strength": -12.804783,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.760843,
        "energy": 7.135845,
        "activity_lines": [
          10.017396,
          10.131521,
          9.96913,
          9.954276
        ]
      },
      {
        "date": "2026-04-10",
        "close": 10.183926,
        "volume": 57300,
        "typical_volume": 103875.0,
        "trend": 10.028604,
        "fair_value": 9.691951,
        "relative_strength": -13.156008,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.12316,
        "energy": 8.210305,
        "activity_lines": [
          10.055826,
          10.142002,
          10.003213,
          9.962643
        ]
      },
      {
        "date": "2026-04-17",
        "close": 10.1,
        "volume": 142400,
        "typical_volume": 106885.0,
        "trend": 10.006592,
        "fair_value": 9.70467,
        "relative_strength": -12.169556,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.405663,
        "energy": 6.907908,
        "activity_lines": [
          10.059876,
          10.130236,
          10.027932,
          9.96725
        ]
      },
      {
        "date": "2026-04-24",
        "close": 10.3,
        "volume": 84900,
        "typical_volume": 106920.0,
        "trend": 9.991246,
        "fair_value": 9.719471,
        "relative_strength": -8.592822,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 12.780338,
        "energy": 9.499591,
        "activity_lines": [
          10.142592,
          10.15112,
          10.069352,
          9.986179
        ]
      },
      {
        "date": "2026-05-01",
        "close": 10.3,
        "volume": 26000,
        "typical_volume": 105330.0,
        "trend": 9.9759,
        "fair_value": 9.73691,
        "relative_strength": -10.683487,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.581219,
        "energy": 31.315259,
        "activity_lines": [
          10.21757,
          10.164653,
          10.10656,
          10.006099
        ]
      },
      {
        "date": "2026-05-08",
        "close": 10.4,
        "volume": 62300,
        "typical_volume": 104845.0,
        "trend": 9.973495,
        "fair_value": 9.753617,
        "relative_strength": -10.039693,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 54.867438,
        "energy": 40.267511,
        "activity_lines": [
          10.298928,
          10.202991,
          10.14885,
          10.03346
        ]
      },
      {
        "date": "2026-05-15",
        "close": 10.7,
        "volume": 242500,
        "typical_volume": 112610.0,
        "trend": 9.984293,
        "fair_value": 9.772521,
        "relative_strength": -8.259198,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.729183,
        "energy": 56.466277,
        "activity_lines": [
          10.446667,
          10.30068,
          10.214794,
          10.080331
        ]
      },
      {
        "date": "2026-05-22",
        "close": 11.3,
        "volume": 190800,
        "typical_volume": 120155.0,
        "trend": 10.011888,
        "fair_value": 9.794448,
        "relative_strength": -4.302821,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.501169,
        "energy": 75.500703,
        "activity_lines": [
          10.76,
          10.49633,
          10.331306,
          10.165216
        ]
      },
      {
        "date": "2026-05-29",
        "close": 11.2,
        "volume": 118200,
        "typical_volume": 124630.0,
        "trend": 10.039352,
        "fair_value": 9.81546,
        "relative_strength": -6.702967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.943374,
        "energy": 77.988967,
        "activity_lines": [
          10.96,
          10.655252,
          10.42909,
          10.241868
        ]
      },
      {
        "date": "2026-06-05",
        "close": 11.1,
        "volume": 22700,
        "typical_volume": 122360.0,
        "trend": 10.06028,
        "fair_value": 9.833085,
        "relative_strength": -8.105544,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.186781,
        "energy": 81.402825,
        "activity_lines": [
          11.066667,
          10.777519,
          10.509539,
          10.310297
        ]
      },
      {
        "date": "2026-06-12",
        "close": 10.8,
        "volume": 38100,
        "typical_volume": 119090.0,
        "trend": 10.096829,
        "fair_value": 9.849611,
        "relative_strength": -10.801269,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.71037,
        "energy": 78.434268,
        "activity_lines": [
          11.02,
          10.823344,
          10.55408,
          10.358021
        ]
      },
      {
        "date": "2026-06-19",
        "close": 11.2,
        "volume": 7700,
        "typical_volume": 116005.0,
        "trend": 10.140305,
        "fair_value": 9.868701,
        "relative_strength": -6.010157,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.814621,
        "energy": 69.751534,
        "activity_lines": [
          11.08,
          10.925455,
          10.631953,
          10.429193
        ]
      },
      {
        "date": "2026-06-26",
        "close": 11.2,
        "volume": 9200,
        "typical_volume": 113980.0,
        "trend": 10.193389,
        "fair_value": 9.890536,
        "relative_strength": -3.888694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.948534,
        "energy": 60.259919,
        "activity_lines": [
          11.106667,
          11.009091,
          10.703157,
          10.497561
        ]
      },
      {
        "date": "2026-07-03",
        "close": 11.4,
        "volume": 11800,
        "typical_volume": 103780.0,
        "trend": 10.259545,
        "fair_value": 9.913378,
        "relative_strength": -6.103116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.976293,
        "energy": 57.141363,
        "activity_lines": [
          11.206667,
          11.109091,
          10.787198,
          10.575406
        ]
      },
      {
        "date": "2026-07-10",
        "close": 12.4,
        "volume": 302500,
        "typical_volume": 104540.0,
        "trend": 10.360636,
        "fair_value": 9.945102,
        "relative_strength": 1.590923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.936543,
        "energy": 85.524431,
        "activity_lines": [
          11.626667,
          11.370909,
          10.959314,
          10.7135
        ]
      },
      {
        "date": "2026-07-17",
        "close": 12.3,
        "volume": 130300,
        "typical_volume": 99310.0,
        "trend": 10.458393,
        "fair_value": 9.97591,
        "relative_strength": -0.300143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.212697,
        "energy": 90.898348,
        "activity_lines": [
          11.926667,
          11.576364,
          11.11364,
          10.83862
        ]
      },
      {
        "date": "2026-07-24",
        "close": 11.9,
        "volume": 474300,
        "typical_volume": 115370.0,
        "trend": 10.544417,
        "fair_value": 10.003604,
        "relative_strength": -3.753946,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.780348,
        "energy": 79.320157,
        "activity_lines": [
          11.993333,
          11.674545,
          11.222083,
          10.931627
        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.8,
        "volume": 199700,
        "typical_volume": 113095.0,
        "trend": 10.625508,
        "fair_value": 10.029834,
        "relative_strength": -3.353567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.810439,
        "energy": 67.318635,
        "activity_lines": [
          11.98,
          11.732727,
          11.312372,
          11.012633
        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.0,
        "volume": 380900,
        "typical_volume": 131015.0,
        "trend": 10.70686,
        "fair_value": 10.058445,
        "relative_strength": -0.984907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.993229,
        "energy": 54.317441,
        "activity_lines": [
          11.993333,
          11.818182,
          11.414471,
          11.10131
        ]
      }
    ],
    "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."
    }
  }
}