{
  "ticker": {
    "uuid": "42eda493-c5a0-4e4a-ba2e-38bf6ae4fca9",
    "symbol": "REG",
    "name": "Regis Healthcare Limited",
    "exchange": "ASX",
    "country": "AU",
    "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": "^AXJO",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -43.738,
    "architecture_energy": 24.948,
    "architecture_maturity": 12.681,
    "architecture_confidence": 91.463,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 51.48,
        "rotation_up": 17.47,
        "upward_expansion": 4.21,
        "deceleration": 44.83,
        "rotation_down": 48.68,
        "downward_expansion": 72.88
      },
      "activity_lines": [
        6.218667,
        6.268,
        6.286667,
        6.304422
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 6.3,
    "trend_reference": 6.354123,
    "distance_from_trend": -0.008518,
    "trend_direction": "Weakening",
    "fair_value": 5.489573,
    "distance_from_fair_value": 0.14763,
    "fair_value_direction": "Weakening",
    "relative_strength": -11.554145,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.003919,
    "excess_performance": -0.067625,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.008518,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.049855,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.14763,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.088775,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.115541,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.008901,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.003919,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.471696,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2366865,
      "relative_activity": 0.891845,
      "balance": 0.471696,
      "dry_up": 0.979351,
      "accumulation_observations": 0,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.073626,
      "annualized_volatility": 0.356423,
      "from_high_reference": -0.320757,
      "from_low_reference": 0.120996
    },
    "levels": {
      "trend_reference": 6.354123,
      "fair_value_reference": 5.489573,
      "structural_low": 5.62,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.053812,
        "positive_rate": 0.266667,
        "directional_follow_through": 0.266667,
        "median_excess_return": -0.03889,
        "regime_survival": 0.6,
        "best_return": 0.130873,
        "worst_return": -0.179051,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.085143,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.085467,
        "regime_survival": 0.166667,
        "best_return": 0.247677,
        "worst_return": -0.198493,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.086989,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.100668,
        "regime_survival": 0.25,
        "best_return": 0.099017,
        "worst_return": -0.182761,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.021022,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.038512,
        "regime_survival": 0.0,
        "best_return": 0.035651,
        "worst_return": 0.006392,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-08-11",
        "end": "2023-10-27",
        "tenure": "Developing",
        "return": 0.082827,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-11-03",
        "end": "2023-11-10",
        "tenure": "New",
        "return": 0.07393,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-17",
        "end": "2024-07-26",
        "tenure": "Extended",
        "return": 0.511017,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-02",
        "end": "2024-08-30",
        "tenure": "Developing",
        "return": 0.239131,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2024-12-20",
        "tenure": "Established",
        "return": 0.181757,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-27",
        "end": "2025-05-02",
        "tenure": "Established",
        "return": 0.165195,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-09",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.012113,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-11",
        "end": "2025-08-01",
        "tenure": "New",
        "return": 0.17036,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.112756,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-09-19",
        "tenure": "New",
        "return": 0.145342,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-26",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": 0.222222,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-14",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.049655,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-16",
        "end": "2026-06-26",
        "tenure": "Established",
        "return": -0.041031,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.0625,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 2.120411,
        "volume": 2045357,
        "typical_volume": 2736264.0,
        "trend": 1.843089,
        "fair_value": 1.694227,
        "relative_strength": 18.344529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.300233,
        "energy": 42.791026,
        "activity_lines": [
          2.087043,
          2.046283,
          2.028409,
          1.959954
        ]
      },
      {
        "date": "2023-08-25",
        "close": 2.184114,
        "volume": 4114176,
        "typical_volume": 2053213.1,
        "trend": 1.863653,
        "fair_value": 1.701484,
        "relative_strength": 22.043334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.787287,
        "energy": 53.332129,
        "activity_lines": [
          2.129511,
          2.075901,
          2.04544,
          1.981956
        ]
      },
      {
        "date": "2023-09-01",
        "close": 2.275119,
        "volume": 1989789,
        "typical_volume": 1974482.05,
        "trend": 1.888297,
        "fair_value": 1.709623,
        "relative_strength": 23.913593,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.014893,
        "energy": 65.057886,
        "activity_lines": [
          2.186541,
          2.118922,
          2.069795,
          2.008502
        ]
      },
      {
        "date": "2023-09-08",
        "close": 2.275119,
        "volume": 721129,
        "typical_volume": 1889247.3,
        "trend": 1.913841,
        "fair_value": 1.717897,
        "relative_strength": 25.365177,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.277361,
        "energy": 65.587951,
        "activity_lines": [
          2.22719,
          2.155324,
          2.092416,
          2.033458
        ]
      },
      {
        "date": "2023-09-15",
        "close": 2.49388,
        "volume": 1724364,
        "typical_volume": 1946315.0,
        "trend": 1.946975,
        "fair_value": 1.728169,
        "relative_strength": 34.066146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.583729,
        "energy": 79.567895,
        "activity_lines": [
          2.325591,
          2.226867,
          2.134052,
          2.07088
        ]
      },
      {
        "date": "2023-09-22",
        "close": 2.49388,
        "volume": 551226,
        "typical_volume": 1871742.15,
        "trend": 1.981756,
        "fair_value": 1.738631,
        "relative_strength": 36.86717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.428947,
        "energy": 83.308106,
        "activity_lines": [
          2.400309,
          2.28947,
          2.173042,
          2.106164
        ]
      },
      {
        "date": "2023-09-29",
        "close": 2.531383,
        "volume": 822241,
        "typical_volume": 1649019.65,
        "trend": 2.018386,
        "fair_value": 1.749495,
        "relative_strength": 38.067688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.464173,
        "energy": 85.405982,
        "activity_lines": [
          2.462629,
          2.349618,
          2.213392,
          2.141624
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2.343873,
        "volume": 1727800,
        "typical_volume": 1579165.05,
        "trend": 2.049364,
        "fair_value": 1.758887,
        "relative_strength": 28.574805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.459849,
        "energy": 73.323525,
        "activity_lines": [
          2.439294,
          2.365058,
          2.233407,
          2.162623
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2.381375,
        "volume": 7215122,
        "typical_volume": 1848171.8,
        "trend": 2.084454,
        "fair_value": 1.76879,
        "relative_strength": 27.833409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.325923,
        "energy": 53.252771,
        "activity_lines": [
          2.423877,
          2.381599,
          2.25541,
          2.184043
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2.325122,
        "volume": 2840674,
        "typical_volume": 1918826.05,
        "trend": 2.10599,
        "fair_value": 1.778441,
        "relative_strength": 26.627277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.592752,
        "energy": 40.309583,
        "activity_lines": [
          2.382625,
          2.381844,
          2.270249,
          2.19957
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2.315746,
        "volume": 4036371,
        "typical_volume": 2050515.3,
        "trend": 2.12418,
        "fair_value": 1.787706,
        "relative_strength": 26.845552,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.748046,
        "energy": 25.288232,
        "activity_lines": [
          2.349498,
          2.376993,
          2.28322,
          2.213103
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2.409501,
        "volume": 4385779,
        "typical_volume": 2177161.8,
        "trend": 2.141097,
        "fair_value": 1.797167,
        "relative_strength": 28.349809,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.116495,
        "energy": 27.067602,
        "activity_lines": [
          2.359499,
          2.385636,
          2.303974,
          2.231511
        ]
      },
      {
        "date": "2023-11-10",
        "close": 2.587635,
        "volume": 3201536,
        "typical_volume": 2307259.6,
        "trend": 2.163648,
        "fair_value": 1.805819,
        "relative_strength": 36.675665,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.302347,
        "energy": 42.682083,
        "activity_lines": [
          2.437002,
          2.42257,
          2.339796,
          2.260319
        ]
      },
      {
        "date": "2023-11-17",
        "close": 2.568885,
        "volume": 1881724,
        "typical_volume": 2371355.45,
        "trend": 2.186181,
        "fair_value": 1.812428,
        "relative_strength": 33.207153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.740456,
        "energy": 51.641999,
        "activity_lines": [
          2.492005,
          2.450412,
          2.370611,
          2.286464
        ]
      },
      {
        "date": "2023-11-24",
        "close": 2.57826,
        "volume": 1167712,
        "typical_volume": 2411028.15,
        "trend": 2.20751,
        "fair_value": 1.81926,
        "relative_strength": 32.633984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.841164,
        "energy": 65.262296,
        "activity_lines": [
          2.537633,
          2.474618,
          2.399706,
          2.311759
        ]
      },
      {
        "date": "2023-12-01",
        "close": 2.672015,
        "volume": 851170,
        "typical_volume": 2427677.15,
        "trend": 2.22893,
        "fair_value": 1.826368,
        "relative_strength": 35.571564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.44278,
        "energy": 76.477106,
        "activity_lines": [
          2.597636,
          2.514336,
          2.434987,
          2.341727
        ]
      },
      {
        "date": "2023-12-08",
        "close": 2.803271,
        "volume": 1969609,
        "typical_volume": 2518146.6,
        "trend": 2.255332,
        "fair_value": 1.834318,
        "relative_strength": 38.599575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.070898,
        "energy": 80.202688,
        "activity_lines": [
          2.67764,
          2.57468,
          2.479492,
          2.378782
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2.97203,
        "volume": 1838422,
        "typical_volume": 2463224.35,
        "trend": 2.28736,
        "fair_value": 1.843078,
        "relative_strength": 40.662554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.766989,
        "energy": 88.858865,
        "activity_lines": [
          2.787646,
          2.660764,
          2.535993,
          2.42502
        ]
      },
      {
        "date": "2023-12-22",
        "close": 3.028283,
        "volume": 630077,
        "typical_volume": 2222630.6,
        "trend": 2.321566,
        "fair_value": 1.852442,
        "relative_strength": 40.676634,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.615881,
        "energy": 91.800948,
        "activity_lines": [
          2.890776,
          2.745655,
          2.593364,
          2.472822
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3.047035,
        "volume": 205274,
        "typical_volume": 2195977.6,
        "trend": 2.352453,
        "fair_value": 1.861738,
        "relative_strength": 38.392225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.082733,
        "energy": 90.79091,
        "activity_lines": [
          2.96953,
          2.822193,
          2.647851,
          2.519626
        ]
      },
      {
        "date": "2024-01-05",
        "close": 3.084536,
        "volume": 420931,
        "typical_volume": 2114756.3,
        "trend": 2.386107,
        "fair_value": 1.87149,
        "relative_strength": 40.374966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.547369,
        "energy": 89.976378,
        "activity_lines": [
          3.029533,
          2.892424,
          2.701583,
          2.566857
        ]
      },
      {
        "date": "2024-01-12",
        "close": 3.000157,
        "volume": 565404,
        "typical_volume": 1937317.7,
        "trend": 2.419072,
        "fair_value": 1.880458,
        "relative_strength": 34.878025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.220996,
        "energy": 79.529187,
        "activity_lines": [
          3.033909,
          2.933335,
          2.742688,
          2.606473
        ]
      },
      {
        "date": "2024-01-19",
        "close": 2.925153,
        "volume": 500487,
        "typical_volume": 1862852.6,
        "trend": 2.452874,
        "fair_value": 1.889351,
        "relative_strength": 31.403611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.51076,
        "energy": 60.780643,
        "activity_lines": [
          3.000157,
          2.94987,
          2.772764,
          2.639124
        ]
      },
      {
        "date": "2024-01-26",
        "close": 3.112663,
        "volume": 894178,
        "typical_volume": 1871505.05,
        "trend": 2.489286,
        "fair_value": 1.899473,
        "relative_strength": 35.580157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.911896,
        "energy": 61.3892,
        "activity_lines": [
          3.032034,
          2.994361,
          2.817603,
          2.681691
        ]
      },
      {
        "date": "2024-02-02",
        "close": 3.075161,
        "volume": 762104,
        "typical_volume": 1823392.05,
        "trend": 2.525055,
        "fair_value": 1.909165,
        "relative_strength": 29.829337,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.058966,
        "energy": 54.865615,
        "activity_lines": [
          3.045784,
          3.022147,
          2.854881,
          2.719489
        ]
      },
      {
        "date": "2024-02-09",
        "close": 3.168916,
        "volume": 811968,
        "typical_volume": 1836429.15,
        "trend": 2.564555,
        "fair_value": 1.918646,
        "relative_strength": 32.984476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.705432,
        "energy": 59.926971,
        "activity_lines": [
          3.088912,
          3.057944,
          2.898321,
          2.761029
        ]
      },
      {
        "date": "2024-02-16",
        "close": 3.225169,
        "volume": 1273767,
        "typical_volume": 1859005.45,
        "trend": 2.607144,
        "fair_value": 1.929273,
        "relative_strength": 33.321796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.942387,
        "energy": 63.595607,
        "activity_lines": [
          3.145165,
          3.094935,
          2.943904,
          2.803649
        ]
      },
      {
        "date": "2024-02-23",
        "close": 3.197042,
        "volume": 545683,
        "typical_volume": 1799899.6,
        "trend": 2.646065,
        "fair_value": 1.939096,
        "relative_strength": 30.665048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.875509,
        "energy": 59.982936,
        "activity_lines": [
          3.177041,
          3.119141,
          2.983504,
          2.841707
        ]
      },
      {
        "date": "2024-03-01",
        "close": 3.272046,
        "volume": 1793486,
        "typical_volume": 1528817.8,
        "trend": 2.68688,
        "fair_value": 1.949482,
        "relative_strength": 30.203457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.540715,
        "energy": 61.890561,
        "activity_lines": [
          3.215793,
          3.152892,
          3.026185,
          2.882093
        ]
      },
      {
        "date": "2024-03-08",
        "close": 3.562687,
        "volume": 2369132,
        "typical_volume": 1505240.7,
        "trend": 2.734349,
        "fair_value": 1.960993,
        "relative_strength": 37.844954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.289234,
        "energy": 77.907528,
        "activity_lines": [
          3.3408,
          3.235056,
          3.092305,
          2.938596
        ]
      },
      {
        "date": "2024-03-15",
        "close": 3.748435,
        "volume": 8088126,
        "typical_volume": 1707828.45,
        "trend": 2.788616,
        "fair_value": 1.973914,
        "relative_strength": 45.829224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.531619,
        "energy": 86.130236,
        "activity_lines": [
          3.495221,
          3.341616,
          3.170221,
          3.004021
        ]
      },
      {
        "date": "2024-03-22",
        "close": 3.824545,
        "volume": 3206220,
        "typical_volume": 1648850.5,
        "trend": 2.843297,
        "fair_value": 1.986885,
        "relative_strength": 44.786084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.296482,
        "energy": 90.252992,
        "activity_lines": [
          3.636377,
          3.449944,
          3.248564,
          3.070855
        ]
      },
      {
        "date": "2024-03-29",
        "close": 3.815031,
        "volume": 1971314,
        "typical_volume": 1587339.4,
        "trend": 2.894628,
        "fair_value": 2.000178,
        "relative_strength": 40.239689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.106391,
        "energy": 88.992696,
        "activity_lines": [
          3.734404,
          3.541553,
          3.319263,
          3.133548
        ]
      },
      {
        "date": "2024-04-05",
        "close": 3.691352,
        "volume": 2486729,
        "typical_volume": 1617589.65,
        "trend": 2.941836,
        "fair_value": 2.010873,
        "relative_strength": 36.242997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.328088,
        "energy": 76.471769,
        "activity_lines": [
          3.750005,
          3.594495,
          3.372338,
          3.184949
        ]
      },
      {
        "date": "2024-04-12",
        "close": 3.719893,
        "volume": 923147,
        "typical_volume": 1605361.4,
        "trend": 2.982703,
        "fair_value": 2.022079,
        "relative_strength": 35.406591,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.156036,
        "energy": 63.16696,
        "activity_lines": [
          3.747166,
          3.642105,
          3.422786,
          3.235147
        ]
      },
      {
        "date": "2024-04-19",
        "close": 3.710379,
        "volume": 804265,
        "typical_volume": 1603016.15,
        "trend": 3.023253,
        "fair_value": 2.033826,
        "relative_strength": 37.264274,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.129865,
        "energy": 56.871884,
        "activity_lines": [
          3.730675,
          3.676263,
          3.466891,
          3.282094
        ]
      },
      {
        "date": "2024-04-26",
        "close": 3.776976,
        "volume": 870705,
        "typical_volume": 1548070.95,
        "trend": 3.064772,
        "fair_value": 2.045452,
        "relative_strength": 37.83776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.258052,
        "energy": 53.013054,
        "activity_lines": [
          3.738921,
          3.712684,
          3.512395,
          3.330721
        ]
      },
      {
        "date": "2024-05-03",
        "close": 3.710379,
        "volume": 1047957,
        "typical_volume": 1508547.7,
        "trend": 3.110323,
        "fair_value": 2.057199,
        "relative_strength": 33.01318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.366431,
        "energy": 45.907349,
        "activity_lines": [
          3.728138,
          3.726964,
          3.546919,
          3.372373
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3.957737,
        "volume": 970191,
        "typical_volume": 1525553.4,
        "trend": 3.162868,
        "fair_value": 2.071188,
        "relative_strength": 37.988294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.517175,
        "energy": 52.869458,
        "activity_lines": [
          3.806785,
          3.776885,
          3.601485,
          3.427045
        ]
      },
      {
        "date": "2024-05-17",
        "close": 3.881628,
        "volume": 2159024,
        "typical_volume": 1623240.9,
        "trend": 3.214752,
        "fair_value": 2.084525,
        "relative_strength": 32.682411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.194495,
        "energy": 50.113327,
        "activity_lines": [
          3.842304,
          3.800501,
          3.644377,
          3.473416
        ]
      },
      {
        "date": "2024-05-24",
        "close": 3.910169,
        "volume": 2132236,
        "typical_volume": 1708806.15,
        "trend": 3.267899,
        "fair_value": 2.098866,
        "relative_strength": 33.607054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.757931,
        "energy": 50.020977,
        "activity_lines": [
          3.876553,
          3.823507,
          3.686013,
          3.518282
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3.776976,
        "volume": 21086649,
        "typical_volume": 2734868.4,
        "trend": 3.313481,
        "fair_value": 2.112353,
        "relative_strength": 28.229111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.965356,
        "energy": 45.158595,
        "activity_lines": [
          3.853086,
          3.819355,
          3.711032,
          3.551126
        ]
      },
      {
        "date": "2024-06-07",
        "close": 3.757948,
        "volume": 1878410,
        "typical_volume": 2803764.55,
        "trend": 3.352492,
        "fair_value": 2.12517,
        "relative_strength": 23.850314,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.71647,
        "energy": 38.169631,
        "activity_lines": [
          3.823276,
          3.812609,
          3.730539,
          3.579801
        ]
      },
      {
        "date": "2024-06-14",
        "close": 3.986279,
        "volume": 1901007,
        "typical_volume": 2854106.0,
        "trend": 3.399738,
        "fair_value": 2.139671,
        "relative_strength": 32.112392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.269747,
        "energy": 44.933121,
        "activity_lines": [
          3.866405,
          3.848416,
          3.767827,
          3.62069
        ]
      },
      {
        "date": "2024-06-21",
        "close": 4.21461,
        "volume": 2276161,
        "typical_volume": 2929808.85,
        "trend": 3.454283,
        "fair_value": 2.155744,
        "relative_strength": 36.570238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.253591,
        "energy": 54.806532,
        "activity_lines": [
          3.983742,
          3.920374,
          3.822701,
          3.673263
        ]
      },
      {
        "date": "2024-06-28",
        "close": 4.148014,
        "volume": 3402698,
        "typical_volume": 3059345.35,
        "trend": 3.503483,
        "fair_value": 2.171609,
        "relative_strength": 33.263914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.509175,
        "energy": 69.134329,
        "activity_lines": [
          4.056681,
          3.97123,
          3.865806,
          3.71802
        ]
      },
      {
        "date": "2024-07-05",
        "close": 4.005307,
        "volume": 1704839,
        "typical_volume": 3080898.95,
        "trend": 3.543551,
        "fair_value": 2.186724,
        "relative_strength": 26.396256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.980759,
        "energy": 67.364554,
        "activity_lines": [
          4.066195,
          3.988182,
          3.890658,
          3.750395
        ]
      },
      {
        "date": "2024-07-12",
        "close": 4.176555,
        "volume": 1596284,
        "typical_volume": 3133429.0,
        "trend": 3.583702,
        "fair_value": 2.202745,
        "relative_strength": 27.993981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.363083,
        "energy": 67.284288,
        "activity_lines": [
          4.11757,
          4.032118,
          3.928104,
          3.791234
        ]
      },
      {
        "date": "2024-07-19",
        "close": 4.090931,
        "volume": 1716143,
        "typical_volume": 3129561.85,
        "trend": 3.619124,
        "fair_value": 2.218518,
        "relative_strength": 23.743303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.444398,
        "energy": 46.385296,
        "activity_lines": [
          4.112496,
          4.052011,
          3.952731,
          3.823959
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3.881628,
        "volume": 2807459,
        "typical_volume": 3151478.2,
        "trend": 3.646943,
        "fair_value": 2.232019,
        "relative_strength": 16.986561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.189619,
        "energy": 29.530048,
        "activity_lines": [
          4.030677,
          4.031427,
          3.953525,
          3.840895
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3.93871,
        "volume": 2758764,
        "typical_volume": 2885010.1,
        "trend": 3.675416,
        "fair_value": 2.245777,
        "relative_strength": 17.215447,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.536218,
        "energy": 23.82259,
        "activity_lines": [
          3.990085,
          4.021221,
          3.958236,
          3.859718
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3.881628,
        "volume": 2715412,
        "typical_volume": 2860469.7,
        "trend": 3.704798,
        "fair_value": 2.259935,
        "relative_strength": 16.871202,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.184967,
        "energy": 18.81198,
        "activity_lines": [
          3.944419,
          4.000118,
          3.956605,
          3.873022
        ]
      },
      {
        "date": "2024-08-16",
        "close": 4.109959,
        "volume": 1404802,
        "typical_volume": 2832144.1,
        "trend": 3.744292,
        "fair_value": 2.275392,
        "relative_strength": 19.564546,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.427733,
        "energy": 21.358329,
        "activity_lines": [
          3.983108,
          4.018626,
          3.976448,
          3.899162
        ]
      },
      {
        "date": "2024-08-23",
        "close": 4.186069,
        "volume": 2612601,
        "typical_volume": 2838437.7,
        "trend": 3.780072,
        "fair_value": 2.291556,
        "relative_strength": 19.829862,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.623509,
        "energy": 30.596067,
        "activity_lines": [
          4.051608,
          4.044573,
          4.002136,
          3.927663
        ]
      },
      {
        "date": "2024-08-30",
        "close": 4.880576,
        "volume": 6792676,
        "typical_volume": 3131914.15,
        "trend": 3.840252,
        "fair_value": 2.311023,
        "relative_strength": 36.781201,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 87.067834,
        "energy": 76.329458,
        "activity_lines": [
          4.345267,
          4.193161,
          4.091611,
          3.998664
        ]
      },
      {
        "date": "2024-09-06",
        "close": 4.9662,
        "volume": 5615884,
        "typical_volume": 3372495.1,
        "trend": 3.900162,
        "fair_value": 2.330765,
        "relative_strength": 38.718266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.167182,
        "energy": 89.570676,
        "activity_lines": [
          4.60087,
          4.345209,
          4.183713,
          4.071305
        ]
      },
      {
        "date": "2024-09-13",
        "close": 5.541188,
        "volume": 5623966,
        "typical_volume": 3610158.15,
        "trend": 3.977363,
        "fair_value": 2.354547,
        "relative_strength": 50.907917,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.31926,
        "energy": 97.152433,
        "activity_lines": [
          4.979638,
          4.586924,
          4.324596,
          4.177178
        ]
      },
      {
        "date": "2024-09-20",
        "close": 5.714651,
        "volume": 5393694,
        "typical_volume": 3827445.0,
        "trend": 4.061283,
        "fair_value": 2.379608,
        "relative_strength": 51.350073,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.53683,
        "energy": 97.125751,
        "activity_lines": [
          5.305589,
          4.832252,
          4.473599,
          4.289261
        ]
      },
      {
        "date": "2024-09-27",
        "close": 5.994119,
        "volume": 6111968,
        "typical_volume": 4084533.85,
        "trend": 4.152019,
        "fair_value": 2.406684,
        "relative_strength": 56.276724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.034555,
        "energy": 96.657489,
        "activity_lines": [
          5.617716,
          5.100428,
          4.639673,
          4.41396
        ]
      },
      {
        "date": "2024-10-04",
        "close": 6.138672,
        "volume": 3494098,
        "typical_volume": 4151287.55,
        "trend": 4.237885,
        "fair_value": 2.434967,
        "relative_strength": 58.550108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.855979,
        "energy": 95.229436,
        "activity_lines": [
          5.857491,
          5.360282,
          4.809818,
          4.542131
        ]
      },
      {
        "date": "2024-10-11",
        "close": 6.23504,
        "volume": 4158805,
        "typical_volume": 4252616.0,
        "trend": 4.320772,
        "fair_value": 2.463364,
        "relative_strength": 57.095502,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.200094,
        "energy": 93.505186,
        "activity_lines": [
          6.045516,
          5.596621,
          4.978392,
          4.67098
        ]
      },
      {
        "date": "2024-10-18",
        "close": 6.292861,
        "volume": 3652790,
        "typical_volume": 3380923.05,
        "trend": 4.403049,
        "fair_value": 2.492244,
        "relative_strength": 54.635247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.113933,
        "energy": 90.755516,
        "activity_lines": [
          6.168225,
          5.801721,
          5.141402,
          4.798212
        ]
      },
      {
        "date": "2024-10-25",
        "close": 6.148309,
        "volume": 2267665,
        "typical_volume": 3400385.8,
        "trend": 4.480825,
        "fair_value": 2.520672,
        "relative_strength": 50.001381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.280119,
        "energy": 68.295483,
        "activity_lines": [
          6.192638,
          5.936698,
          5.278665,
          4.910809
        ]
      },
      {
        "date": "2024-11-01",
        "close": 6.167583,
        "volume": 1992094,
        "typical_volume": 3404940.15,
        "trend": 4.563366,
        "fair_value": 2.549363,
        "relative_strength": 49.794648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.516398,
        "energy": 66.686036,
        "activity_lines": [
          6.194566,
          6.038119,
          5.406381,
          5.019632
        ]
      },
      {
        "date": "2024-11-08",
        "close": 6.273588,
        "volume": 4007493,
        "typical_volume": 3491506.75,
        "trend": 4.648489,
        "fair_value": 2.578511,
        "relative_strength": 46.982827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.018332,
        "energy": 65.958105,
        "activity_lines": [
          6.220264,
          6.122786,
          5.533806,
          5.129969
        ]
      },
      {
        "date": "2024-11-15",
        "close": 6.032667,
        "volume": 2221895,
        "typical_volume": 3432466.6,
        "trend": 4.725899,
        "fair_value": 2.606561,
        "relative_strength": 39.609436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.344566,
        "energy": 59.818694,
        "activity_lines": [
          6.156661,
          6.138322,
          5.628481,
          5.219271
        ]
      },
      {
        "date": "2024-11-22",
        "close": 6.456687,
        "volume": 2368774,
        "typical_volume": 3465663.35,
        "trend": 4.815222,
        "fair_value": 2.637944,
        "relative_strength": 45.32925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.88286,
        "energy": 61.322651,
        "activity_lines": [
          6.247889,
          6.211561,
          5.754564,
          5.330935
        ]
      },
      {
        "date": "2024-11-29",
        "close": 6.437414,
        "volume": 9863213,
        "typical_volume": 3879009.8,
        "trend": 4.906123,
        "fair_value": 2.669791,
        "relative_strength": 42.176843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.836408,
        "energy": 61.04689,
        "activity_lines": [
          6.321772,
          6.264652,
          5.867139,
          5.435592
        ]
      },
      {
        "date": "2024-12-06",
        "close": 6.504872,
        "volume": 2232447,
        "typical_volume": 3904825.0,
        "trend": 4.991028,
        "fair_value": 2.701874,
        "relative_strength": 41.980079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.957465,
        "energy": 59.397896,
        "activity_lines": [
          6.398867,
          6.316866,
          5.975372,
          5.538737
        ]
      },
      {
        "date": "2024-12-13",
        "close": 6.254314,
        "volume": 2136774,
        "typical_volume": 3871290.75,
        "trend": 5.070117,
        "fair_value": 2.731792,
        "relative_strength": 36.851322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.845261,
        "energy": 56.089742,
        "activity_lines": [
          6.369956,
          6.314238,
          6.048247,
          5.62024
        ]
      },
      {
        "date": "2024-12-20",
        "close": 5.868841,
        "volume": 3153875,
        "typical_volume": 3891046.3,
        "trend": 5.135407,
        "fair_value": 2.758988,
        "relative_strength": 30.585947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.338636,
        "energy": 39.273995,
        "activity_lines": [
          6.213839,
          6.239421,
          6.073113,
          5.67177
        ]
      },
      {
        "date": "2024-12-27",
        "close": 6.109762,
        "volume": 1064203,
        "typical_volume": 3808485.85,
        "trend": 5.213166,
        "fair_value": 2.7877,
        "relative_strength": 31.209863,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.030823,
        "energy": 30.884867,
        "activity_lines": [
          6.148952,
          6.215066,
          6.111732,
          5.734632
        ]
      },
      {
        "date": "2025-01-03",
        "close": 5.859203,
        "volume": 1296257,
        "typical_volume": 3803058.6,
        "trend": 5.283208,
        "fair_value": 2.815114,
        "relative_strength": 24.731826,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.76283,
        "energy": 22.120796,
        "activity_lines": [
          6.023672,
          6.148484,
          6.115878,
          5.776312
        ]
      },
      {
        "date": "2025-01-10",
        "close": 6.167583,
        "volume": 2333806,
        "typical_volume": 3789118.85,
        "trend": 5.355918,
        "fair_value": 2.844476,
        "relative_strength": 29.108543,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.453302,
        "energy": 20.974113,
        "activity_lines": [
          6.039734,
          6.143228,
          6.141064,
          5.833368
        ]
      },
      {
        "date": "2025-01-17",
        "close": 5.936298,
        "volume": 1677911,
        "typical_volume": 3533380.6,
        "trend": 5.413308,
        "fair_value": 2.872356,
        "relative_strength": 22.711441,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.373493,
        "energy": 13.779244,
        "activity_lines": [
          6.001186,
          6.095919,
          6.134787,
          5.870812
        ]
      },
      {
        "date": "2025-01-24",
        "close": 6.186856,
        "volume": 2031701,
        "typical_volume": 3354171.45,
        "trend": 5.481269,
        "fair_value": 2.901925,
        "relative_strength": 25.055125,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.892263,
        "energy": 13.472125,
        "activity_lines": [
          6.067359,
          6.1003,
          6.147345,
          5.920718
        ]
      },
      {
        "date": "2025-01-31",
        "close": 6.302498,
        "volume": 1108367,
        "typical_volume": 3128391.5,
        "trend": 5.557842,
        "fair_value": 2.931537,
        "relative_strength": 24.173186,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.403744,
        "energy": 24.47366,
        "activity_lines": [
          6.150878,
          6.122903,
          6.165104,
          5.973701
        ]
      },
      {
        "date": "2025-02-07",
        "close": 6.331409,
        "volume": 2023381,
        "typical_volume": 2959875.85,
        "trend": 5.629671,
        "fair_value": 2.961475,
        "relative_strength": 23.731683,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.805152,
        "energy": 27.021133,
        "activity_lines": [
          6.231186,
          6.153565,
          6.181992,
          6.023608
        ]
      },
      {
        "date": "2025-02-14",
        "close": 6.427777,
        "volume": 999756,
        "typical_volume": 2704265.25,
        "trend": 5.707565,
        "fair_value": 2.991974,
        "relative_strength": 23.65722,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.869458,
        "energy": 34.549459,
        "activity_lines": [
          6.312135,
          6.203677,
          6.20512,
          6.075099
        ]
      },
      {
        "date": "2025-02-21",
        "close": 6.186856,
        "volume": 1692843,
        "typical_volume": 2614202.5,
        "trend": 5.784406,
        "fair_value": 3.019671,
        "relative_strength": 21.487455,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.685654,
        "energy": 32.355622,
        "activity_lines": [
          6.295431,
          6.211386,
          6.203239,
          6.106021
        ]
      },
      {
        "date": "2025-02-28",
        "close": 6.36032,
        "volume": 3565533,
        "typical_volume": 2584538.9,
        "trend": 5.865127,
        "fair_value": 3.048871,
        "relative_strength": 25.387857,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 53.996016,
        "energy": 32.694497,
        "activity_lines": [
          6.319845,
          6.251861,
          6.217648,
          6.143177
        ]
      },
      {
        "date": "2025-03-07",
        "close": 6.23504,
        "volume": 5448683,
        "typical_volume": 2674333.55,
        "trend": 5.943574,
        "fair_value": 3.076563,
        "relative_strength": 25.10448,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.934273,
        "energy": 25.75749,
        "activity_lines": [
          6.290934,
          6.260622,
          6.21953,
          6.167042
        ]
      },
      {
        "date": "2025-03-14",
        "close": 6.152276,
        "volume": 3878013,
        "typical_volume": 2754850.95,
        "trend": 6.011651,
        "fair_value": 3.103895,
        "relative_strength": 24.80311,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.920057,
        "energy": 14.04056,
        "activity_lines": [
          6.238933,
          6.252057,
          6.213804,
          6.180507
        ]
      },
      {
        "date": "2025-03-21",
        "close": 6.562428,
        "volume": 3047479,
        "typical_volume": 2807620.2,
        "trend": 6.090863,
        "fair_value": 3.1338,
        "relative_strength": 29.429736,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.768818,
        "energy": 28.94833,
        "activity_lines": [
          6.335591,
          6.312736,
          6.247122,
          6.216041
        ]
      },
      {
        "date": "2025-03-28",
        "close": 6.718676,
        "volume": 2577625,
        "typical_volume": 2736126.8,
        "trend": 6.152133,
        "fair_value": 3.164536,
        "relative_strength": 30.262765,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.590338,
        "energy": 41.328368,
        "activity_lines": [
          6.475355,
          6.394645,
          6.29344,
          6.256545
        ]
      },
      {
        "date": "2025-04-04",
        "close": 6.396414,
        "volume": 2645342,
        "typical_volume": 2757299.15,
        "trend": 6.199807,
        "fair_value": 3.19349,
        "relative_strength": 27.730505,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.006932,
        "energy": 41.263212,
        "activity_lines": [
          6.472243,
          6.403736,
          6.306947,
          6.272305
        ]
      },
      {
        "date": "2025-04-11",
        "close": 6.406179,
        "volume": 3091696,
        "typical_volume": 2793445.25,
        "trend": 6.22864,
        "fair_value": 3.222449,
        "relative_strength": 26.935685,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 48.556506,
        "energy": 43.36844,
        "activity_lines": [
          6.469981,
          6.410792,
          6.319652,
          6.285619
        ]
      },
      {
        "date": "2025-04-18",
        "close": 6.533131,
        "volume": 1298399,
        "typical_volume": 2365204.55,
        "trend": 6.255922,
        "fair_value": 3.252109,
        "relative_strength": 25.332985,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.136562,
        "energy": 38.443236,
        "activity_lines": [
          6.498626,
          6.439046,
          6.344688,
          6.305264
        ]
      },
      {
        "date": "2025-04-25",
        "close": 6.591724,
        "volume": 1347341,
        "typical_volume": 2320949.25,
        "trend": 6.275843,
        "fair_value": 3.282429,
        "relative_strength": 22.925218,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.472947,
        "energy": 28.710173,
        "activity_lines": [
          6.521412,
          6.474285,
          6.374849,
          6.326929
        ]
      },
      {
        "date": "2025-05-02",
        "close": 7.119062,
        "volume": 8199766,
        "typical_volume": 2624098.85,
        "trend": 6.308522,
        "fair_value": 3.315674,
        "relative_strength": 27.039693,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 74.108191,
        "energy": 53.166824,
        "activity_lines": [
          6.718025,
          6.602423,
          6.454819,
          6.38133
        ]
      },
      {
        "date": "2025-05-09",
        "close": 7.255779,
        "volume": 4605548,
        "typical_volume": 2696682.5,
        "trend": 6.342547,
        "fair_value": 3.349227,
        "relative_strength": 28.242204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.215195,
        "energy": 69.462178,
        "activity_lines": [
          6.933517,
          6.738469,
          6.543692,
          6.442443
        ]
      },
      {
        "date": "2025-05-16",
        "close": 7.548745,
        "volume": 5093012,
        "typical_volume": 2898122.95,
        "trend": 6.38441,
        "fair_value": 3.384261,
        "relative_strength": 30.135837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.711789,
        "energy": 80.036284,
        "activity_lines": [
          7.189374,
          6.9115,
          6.653861,
          6.520262
        ]
      },
      {
        "date": "2025-05-23",
        "close": 7.470621,
        "volume": 1842128,
        "typical_volume": 2925416.5,
        "trend": 6.428487,
        "fair_value": 3.419419,
        "relative_strength": 27.160992,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.447143,
        "energy": 81.225479,
        "activity_lines": [
          7.343018,
          7.046442,
          6.749738,
          6.590341
        ]
      },
      {
        "date": "2025-05-30",
        "close": 7.958897,
        "volume": 3623859,
        "typical_volume": 2989919.15,
        "trend": 6.488197,
        "fair_value": 3.457366,
        "relative_strength": 32.641723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.392576,
        "energy": 88.554741,
        "activity_lines": [
          7.596922,
          7.246191,
          6.884444,
          6.689077
        ]
      },
      {
        "date": "2025-06-06",
        "close": 7.353435,
        "volume": 2817650,
        "typical_volume": 3046906.1,
        "trend": 6.524192,
        "fair_value": 3.492568,
        "relative_strength": 20.133871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.368671,
        "energy": 75.102375,
        "activity_lines": [
          7.55786,
          7.310466,
          6.952957,
          6.744899
        ]
      },
      {
        "date": "2025-06-13",
        "close": 7.206952,
        "volume": 1854684,
        "typical_volume": 3038055.25,
        "trend": 6.563335,
        "fair_value": 3.527656,
        "relative_strength": 16.286418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.887024,
        "energy": 51.281465,
        "activity_lines": [
          7.454345,
          7.336567,
          7.000771,
          6.788948
        ]
      },
      {
        "date": "2025-06-20",
        "close": 7.538979,
        "volume": 2671798,
        "typical_volume": 3116226.8,
        "trend": 6.599411,
        "fair_value": 3.565298,
        "relative_strength": 21.132232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.285334,
        "energy": 48.784291,
        "activity_lines": [
          7.464762,
          7.408299,
          7.075349,
          6.851892
        ]
      },
      {
        "date": "2025-06-27",
        "close": 7.45109,
        "volume": 2488767,
        "typical_volume": 3139496.1,
        "trend": 6.633201,
        "fair_value": 3.602718,
        "relative_strength": 18.535091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.767431,
        "energy": 37.684011,
        "activity_lines": [
          7.446533,
          7.443455,
          7.135669,
          6.906839
        ]
      },
      {
        "date": "2025-07-04",
        "close": 7.343669,
        "volume": 4434317,
        "typical_volume": 3311224.15,
        "trend": 6.66116,
        "fair_value": 3.639165,
        "relative_strength": 14.600675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.146007,
        "energy": 30.371663,
        "activity_lines": [
          7.393799,
          7.44239,
          7.180426,
          6.952676
        ]
      },
      {
        "date": "2025-07-11",
        "close": 7.050704,
        "volume": 2088689,
        "typical_volume": 3331016.45,
        "trend": 6.687707,
        "fair_value": 3.67362,
        "relative_strength": 9.482977,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.459326,
        "energy": 24.782799,
        "activity_lines": [
          7.284425,
          7.374386,
          7.19292,
          6.977808
        ]
      },
      {
        "date": "2025-07-18",
        "close": 7.246014,
        "volume": 2337178,
        "typical_volume": 3269598.7,
        "trend": 6.733613,
        "fair_value": 3.708418,
        "relative_strength": 9.359783,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.23867,
        "energy": 19.136986,
        "activity_lines": [
          7.260337,
          7.343137,
          7.219902,
          7.013828
        ]
      },
      {
        "date": "2025-07-25",
        "close": 7.792883,
        "volume": 3051915,
        "typical_volume": 3149760.3,
        "trend": 6.789717,
        "fair_value": 3.746039,
        "relative_strength": 17.615697,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.015071,
        "energy": 32.440474,
        "activity_lines": [
          7.415934,
          7.411495,
          7.294749,
          7.082168
        ]
      },
      {
        "date": "2025-08-01",
        "close": 8.251863,
        "volume": 5044165,
        "typical_volume": 3208067.9,
        "trend": 6.869472,
        "fair_value": 3.786262,
        "relative_strength": 23.19778,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 77.081338,
        "energy": 51.534535,
        "activity_lines": [
          7.707598,
          7.558866,
          7.40589,
          7.1765
        ]
      },
      {
        "date": "2025-08-08",
        "close": 8.574124,
        "volume": 3011083,
        "typical_volume": 3206248.1,
        "trend": 6.94969,
        "fair_value": 3.828437,
        "relative_strength": 24.431764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.818936,
        "energy": 79.950235,
        "activity_lines": [
          8.053297,
          7.750625,
          7.537724,
          7.286477
        ]
      },
      {
        "date": "2025-08-15",
        "close": 8.329986,
        "volume": 3765182,
        "typical_volume": 3265625.95,
        "trend": 7.02948,
        "fair_value": 3.87007,
        "relative_strength": 17.903814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.843233,
        "energy": 80.640825,
        "activity_lines": [
          8.235586,
          7.886809,
          7.636728,
          7.375529
        ]
      },
      {
        "date": "2025-08-22",
        "close": 8.066318,
        "volume": 2729707,
        "typical_volume": 3269844.2,
        "trend": 7.092128,
        "fair_value": 3.909842,
        "relative_strength": 12.768517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.458598,
        "energy": 75.669519,
        "activity_lines": [
          8.244701,
          7.957299,
          7.702947,
          7.442421
        ]
      },
      {
        "date": "2025-08-29",
        "close": 7.665931,
        "volume": 8304325,
        "typical_volume": 3530475.65,
        "trend": 7.137576,
        "fair_value": 3.946991,
        "relative_strength": 6.458293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.596617,
        "energy": 44.589364,
        "activity_lines": [
          8.065666,
          7.939366,
          7.723083,
          7.479441
        ]
      },
      {
        "date": "2025-09-05",
        "close": 7.607338,
        "volume": 3693965,
        "typical_volume": 3650253.95,
        "trend": 7.180107,
        "fair_value": 3.98473,
        "relative_strength": 6.252617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.462597,
        "energy": 26.274731,
        "activity_lines": [
          7.875564,
          7.908471,
          7.731639,
          7.509748
        ]
      },
      {
        "date": "2025-09-12",
        "close": 7.942984,
        "volume": 3339209,
        "typical_volume": 3749847.35,
        "trend": 7.230614,
        "fair_value": 4.025284,
        "relative_strength": 10.461734,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.71962,
        "energy": 19.502116,
        "activity_lines": [
          7.840312,
          7.935762,
          7.767047,
          7.558966
        ]
      },
      {
        "date": "2025-09-19",
        "close": 9.09743,
        "volume": 10570266,
        "typical_volume": 3868372.35,
        "trend": 7.327633,
        "fair_value": 4.073583,
        "relative_strength": 26.80979,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 77.136974,
        "energy": 42.068947,
        "activity_lines": [
          8.231952,
          8.162056,
          7.905967,
          7.679406
        ]
      },
      {
        "date": "2025-09-26",
        "close": 6.216249,
        "volume": 17317780,
        "typical_volume": 4503983.95,
        "trend": 7.322831,
        "fair_value": 4.103586,
        "relative_strength": -13.445386,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 1.004975,
        "energy": 6.363818,
        "activity_lines": [
          7.612035,
          7.827285,
          7.761068,
          7.607704
        ]
      },
      {
        "date": "2025-10-03",
        "close": 6.462925,
        "volume": 9675438,
        "typical_volume": 4733105.25,
        "trend": 7.330427,
        "fair_value": 4.134969,
        "relative_strength": -11.939588,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.449065,
        "energy": 23.62864,
        "activity_lines": [
          7.197681,
          7.556088,
          7.644612,
          7.552226
        ]
      },
      {
        "date": "2025-10-10",
        "close": 6.561595,
        "volume": 6685721,
        "typical_volume": 4975284.9,
        "trend": 7.344071,
        "fair_value": 4.167042,
        "relative_strength": -10.24858,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.960604,
        "energy": 35.981969,
        "activity_lines": [
          6.896418,
          7.327012,
          7.542724,
          7.502624
        ]
      },
      {
        "date": "2025-10-17",
        "close": 6.364254,
        "volume": 4096671,
        "typical_volume": 4998925.5,
        "trend": 7.337465,
        "fair_value": 4.197619,
        "relative_strength": -13.199156,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.211869,
        "energy": 51.322613,
        "activity_lines": [
          6.59909,
          7.092787,
          7.42637,
          7.43941
        ]
      },
      {
        "date": "2025-10-24",
        "close": 7.074683,
        "volume": 5694387,
        "typical_volume": 5142762.35,
        "trend": 7.349332,
        "fair_value": 4.231225,
        "relative_strength": -3.844203,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.226475,
        "energy": 54.396784,
        "activity_lines": [
          6.643821,
          7.027911,
          7.38527,
          7.422456
        ]
      },
      {
        "date": "2025-10-31",
        "close": 7.311492,
        "volume": 4125240,
        "typical_volume": 5256290.15,
        "trend": 7.379835,
        "fair_value": 4.266522,
        "relative_strength": 0.757441,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.734591,
        "energy": 30.163544,
        "activity_lines": [
          6.902338,
          7.028915,
          7.36805,
          7.420015
        ]
      },
      {
        "date": "2025-11-07",
        "close": 7.597637,
        "volume": 3307298,
        "typical_volume": 5288065.15,
        "trend": 7.41955,
        "fair_value": 4.303826,
        "relative_strength": 5.766291,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -4.229415,
        "energy": 6.817472,
        "activity_lines": [
          7.18322,
          7.09567,
          7.377585,
          7.434067
        ]
      },
      {
        "date": "2025-11-14",
        "close": 7.153619,
        "volume": 3953355,
        "typical_volume": 5361294.55,
        "trend": 7.440233,
        "fair_value": 4.338197,
        "relative_strength": 0.906687,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.663511,
        "energy": 19.081037,
        "activity_lines": [
          7.240449,
          7.082935,
          7.344552,
          7.41691
        ]
      },
      {
        "date": "2025-11-21",
        "close": 7.291758,
        "volume": 4653525,
        "typical_volume": 5372254.95,
        "trend": 7.463567,
        "fair_value": 4.374,
        "relative_strength": 5.279792,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.643197,
        "energy": 18.995763,
        "activity_lines": [
          7.304256,
          7.103566,
          7.326093,
          7.407331
        ]
      },
      {
        "date": "2025-11-28",
        "close": 7.804845,
        "volume": 3446517,
        "typical_volume": 5440146.35,
        "trend": 7.486427,
        "fair_value": 4.412575,
        "relative_strength": 9.73621,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.696898,
        "energy": 14.399539,
        "activity_lines": [
          7.477259,
          7.229326,
          7.356746,
          7.429349
        ]
      },
      {
        "date": "2025-12-05",
        "close": 7.58777,
        "volume": 7150792,
        "typical_volume": 5680827.05,
        "trend": 7.497493,
        "fair_value": 4.449124,
        "relative_strength": 6.168,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.242836,
        "energy": 7.710697,
        "activity_lines": [
          7.529225,
          7.33912,
          7.363134,
          7.435887
        ]
      },
      {
        "date": "2025-12-12",
        "close": 7.341093,
        "volume": 2802606,
        "typical_volume": 5668361.6,
        "trend": 7.490571,
        "fair_value": 4.484496,
        "relative_strength": 1.762806,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.884221,
        "energy": 10.93763,
        "activity_lines": [
          7.480548,
          7.379126,
          7.344401,
          7.425797
        ]
      },
      {
        "date": "2025-12-19",
        "close": 7.222689,
        "volume": 2654389,
        "typical_volume": 5548872.8,
        "trend": 7.482307,
        "fair_value": 4.519684,
        "relative_strength": 0.745388,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.439541,
        "energy": 11.493408,
        "activity_lines": [
          7.409505,
          7.381638,
          7.316543,
          7.408514
        ]
      },
      {
        "date": "2025-12-26",
        "close": 6.926677,
        "volume": 3234678,
        "typical_volume": 5560052.55,
        "trend": 7.4479,
        "fair_value": 4.553233,
        "relative_strength": -5.053359,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.802054,
        "energy": 22.155033,
        "activity_lines": [
          7.235187,
          7.318309,
          7.265395,
          7.372667
        ]
      },
      {
        "date": "2026-01-02",
        "close": 6.857607,
        "volume": 2972691,
        "typical_volume": 5520428.0,
        "trend": 7.431372,
        "fair_value": 4.586369,
        "relative_strength": -5.788669,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.850548,
        "energy": 44.206798,
        "activity_lines": [
          7.062184,
          7.232197,
          7.215513,
          7.334583
        ]
      },
      {
        "date": "2026-01-09",
        "close": 6.798405,
        "volume": 5476483,
        "typical_volume": 5657766.8,
        "trend": 7.417754,
        "fair_value": 4.619067,
        "relative_strength": -6.572892,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.017841,
        "energy": 58.483341,
        "activity_lines": [
          6.932597,
          7.139267,
          7.167005,
          7.293747
        ]
      },
      {
        "date": "2026-01-16",
        "close": 6.788538,
        "volume": 3756454,
        "typical_volume": 5430373.25,
        "trend": 7.392739,
        "fair_value": 4.65199,
        "relative_strength": -8.759491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.042819,
        "energy": 62.107039,
        "activity_lines": [
          6.852345,
          7.053872,
          7.123594,
          7.253152
        ]
      },
      {
        "date": "2026-01-23",
        "close": 6.660266,
        "volume": 4751104,
        "typical_volume": 5483230.2,
        "trend": 7.366378,
        "fair_value": 4.684638,
        "relative_strength": -10.074019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.280148,
        "energy": 65.803215,
        "activity_lines": [
          6.766173,
          6.959866,
          7.072145,
          7.205896
        ]
      },
      {
        "date": "2026-01-30",
        "close": 6.620798,
        "volume": 2638408,
        "typical_volume": 5448190.15,
        "trend": 7.342282,
        "fair_value": 4.717235,
        "relative_strength": -10.713723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.835847,
        "energy": 63.044121,
        "activity_lines": [
          6.704339,
          6.867654,
          7.021448,
          7.157794
        ]
      },
      {
        "date": "2026-02-06",
        "close": 6.324786,
        "volume": 3710920,
        "typical_volume": 5105222.85,
        "trend": 7.318085,
        "fair_value": 4.748106,
        "relative_strength": -13.100456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.781894,
        "energy": 67.498115,
        "activity_lines": [
          6.564227,
          6.733821,
          6.948854,
          7.092149
        ]
      },
      {
        "date": "2026-02-13",
        "close": 6.127445,
        "volume": 2748931,
        "typical_volume": 4376780.4,
        "trend": 7.2808,
        "fair_value": 4.77777,
        "relative_strength": -17.661479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.600801,
        "energy": 73.703498,
        "activity_lines": [
          6.393856,
          6.591017,
          6.870669,
          7.015334
        ]
      },
      {
        "date": "2026-02-20",
        "close": 6.354387,
        "volume": 1916779,
        "typical_volume": 3988847.45,
        "trend": 7.23285,
        "fair_value": 4.809206,
        "relative_strength": -16.063013,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.457013,
        "energy": 66.433004,
        "activity_lines": [
          6.343862,
          6.516028,
          6.814521,
          6.955565
        ]
      },
      {
        "date": "2026-02-27",
        "close": 6.857607,
        "volume": 2513398,
        "typical_volume": 3780231.3,
        "trend": 7.186375,
        "fair_value": 4.843982,
        "relative_strength": -10.502319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.691987,
        "energy": 43.17997,
        "activity_lines": [
          6.490553,
          6.550473,
          6.806815,
          6.931356
        ]
      },
      {
        "date": "2026-03-06",
        "close": 6.689867,
        "volume": 3331058,
        "typical_volume": 3741950.65,
        "trend": 7.123566,
        "fair_value": 4.877798,
        "relative_strength": -9.20265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.297978,
        "energy": 30.613524,
        "activity_lines": [
          6.568173,
          6.561057,
          6.781725,
          6.899323
        ]
      },
      {
        "date": "2026-03-13",
        "close": 6.2,
        "volume": 2961481,
        "typical_volume": 3605305.35,
        "trend": 7.052566,
        "fair_value": 4.909025,
        "relative_strength": -13.426602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.410434,
        "energy": 35.373106,
        "activity_lines": [
          6.477901,
          6.486881,
          6.70843,
          6.839738
        ]
      },
      {
        "date": "2026-03-20",
        "close": 6.25,
        "volume": 3056693,
        "typical_volume": 3551878.0,
        "trend": 6.992023,
        "fair_value": 4.938326,
        "relative_strength": -10.596891,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.161692,
        "energy": 33.647566,
        "activity_lines": [
          6.412613,
          6.433752,
          6.644062,
          6.78796
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6.25,
        "volume": 3457216,
        "typical_volume": 3559373.9,
        "trend": 6.944825,
        "fair_value": 4.967044,
        "relative_strength": -11.297862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.929119,
        "energy": 38.706066,
        "activity_lines": [
          6.339156,
          6.390594,
          6.584748,
          6.740087
        ]
      },
      {
        "date": "2026-04-03",
        "close": 6.1,
        "volume": 2418209,
        "typical_volume": 3482616.6,
        "trend": 6.89458,
        "fair_value": 4.993954,
        "relative_strength": -13.817668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.162326,
        "energy": 53.807054,
        "activity_lines": [
          6.222658,
          6.329954,
          6.517567,
          6.685582
        ]
      },
      {
        "date": "2026-04-10",
        "close": 6.19,
        "volume": 1672346,
        "typical_volume": 3333557.65,
        "trend": 6.836147,
        "fair_value": 5.021383,
        "relative_strength": -15.977698,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.844537,
        "energy": 46.674277,
        "activity_lines": [
          6.186667,
          6.295865,
          6.463974,
          6.640126
        ]
      },
      {
        "date": "2026-04-17",
        "close": 5.89,
        "volume": 3384052,
        "typical_volume": 3330434.4,
        "trend": 6.729233,
        "fair_value": 5.047005,
        "relative_strength": -19.594168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.261063,
        "energy": 54.594467,
        "activity_lines": [
          6.084,
          6.215064,
          6.387056,
          6.579084
        ]
      },
      {
        "date": "2026-04-24",
        "close": 6.8,
        "volume": 6865964,
        "typical_volume": 3316193.0,
        "trend": 6.748691,
        "fair_value": 5.078169,
        "relative_strength": -5.358352,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.54512,
        "energy": 24.072555,
        "activity_lines": [
          6.305333,
          6.307622,
          6.405923,
          6.583649
        ]
      },
      {
        "date": "2026-05-01",
        "close": 6.69,
        "volume": 2791738,
        "typical_volume": 3315649.6,
        "trend": 6.756261,
        "fair_value": 5.108045,
        "relative_strength": -6.068451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.152439,
        "energy": 13.088732,
        "activity_lines": [
          6.453333,
          6.367952,
          6.418065,
          6.579863
        ]
      },
      {
        "date": "2026-05-08",
        "close": 6.35,
        "volume": 3876281,
        "typical_volume": 3376744.2,
        "trend": 6.749207,
        "fair_value": 5.135858,
        "relative_strength": -10.664053,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.641847,
        "energy": 15.526329,
        "activity_lines": [
          6.458667,
          6.360361,
          6.400926,
          6.553653
        ]
      },
      {
        "date": "2026-05-15",
        "close": 6.19,
        "volume": 4784976,
        "typical_volume": 3454259.1,
        "trend": 6.743399,
        "fair_value": 5.162645,
        "relative_strength": -11.375625,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.526846,
        "energy": 19.388309,
        "activity_lines": [
          6.394,
          6.332909,
          6.372705,
          6.517575
        ]
      },
      {
        "date": "2026-05-22",
        "close": 6.13,
        "volume": 4641429,
        "typical_volume": 3537696.0,
        "trend": 6.71191,
        "fair_value": 5.189106,
        "relative_strength": -12.113033,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.73727,
        "energy": 18.987529,
        "activity_lines": [
          6.309333,
          6.303636,
          6.342278,
          6.478001
        ]
      },
      {
        "date": "2026-05-29",
        "close": 6.58,
        "volume": 683577,
        "typical_volume": 3298050.7,
        "trend": 6.687526,
        "fair_value": 5.217693,
        "relative_strength": -6.042238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.850503,
        "energy": 14.386188,
        "activity_lines": [
          6.358667,
          6.357455,
          6.358173,
          6.46949
        ]
      },
      {
        "date": "2026-06-05",
        "close": 6.2,
        "volume": 1874391,
        "typical_volume": 3203947.55,
        "trend": 6.640939,
        "fair_value": 5.244136,
        "relative_strength": -10.062172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.105604,
        "energy": 23.311339,
        "activity_lines": [
          6.296,
          6.336182,
          6.338917,
          6.438037
        ]
      },
      {
        "date": "2026-06-12",
        "close": 5.95,
        "volume": 311104,
        "typical_volume": 2981947.55,
        "trend": 6.600818,
        "fair_value": 5.269384,
        "relative_strength": -15.100728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.86926,
        "energy": 32.495381,
        "activity_lines": [
          6.182667,
          6.270364,
          6.298655,
          6.39346
        ]
      },
      {
        "date": "2026-06-19",
        "close": 6.14,
        "volume": 1215566,
        "typical_volume": 2910805.45,
        "trend": 6.562426,
        "fair_value": 5.296493,
        "relative_strength": -12.229978,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.8183,
        "energy": 29.744294,
        "activity_lines": [
          6.159333,
          6.241818,
          6.27987,
          6.36373
        ]
      },
      {
        "date": "2026-06-26",
        "close": 6.51,
        "volume": 491356,
        "typical_volume": 2749827.25,
        "trend": 6.519265,
        "fair_value": 5.325273,
        "relative_strength": -5.953966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.212429,
        "energy": 19.060127,
        "activity_lines": [
          6.262667,
          6.281455,
          6.298612,
          6.360348
        ]
      },
      {
        "date": "2026-07-03",
        "close": 6.72,
        "volume": 693130,
        "typical_volume": 2647037.2,
        "trend": 6.490339,
        "fair_value": 5.355516,
        "relative_strength": -3.580289,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.688093,
        "energy": 3.353447,
        "activity_lines": [
          6.410667,
          6.348,
          6.336472,
          6.373298
        ]
      },
      {
        "date": "2026-07-10",
        "close": 6.32,
        "volume": 3520204,
        "typical_volume": 2727208.45,
        "trend": 6.456302,
        "fair_value": 5.383311,
        "relative_strength": -8.692256,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.184079,
        "energy": 11.917593,
        "activity_lines": [
          6.416,
          6.343273,
          6.333416,
          6.362309
        ]
      },
      {
        "date": "2026-07-17",
        "close": 6.09,
        "volume": 4309490,
        "typical_volume": 2817013.05,
        "trend": 6.418546,
        "fair_value": 5.409866,
        "relative_strength": -11.629987,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.017532,
        "energy": 16.689699,
        "activity_lines": [
          6.336667,
          6.303455,
          6.308618,
          6.338676
        ]
      },
      {
        "date": "2026-07-24",
        "close": 6.12,
        "volume": 1904007,
        "typical_volume": 2745660.5,
        "trend": 6.391657,
        "fair_value": 5.436087,
        "relative_strength": -10.504975,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.33222,
        "energy": 18.637234,
        "activity_lines": [
          6.258,
          6.273818,
          6.290333,
          6.319415
        ]
      },
      {
        "date": "2026-07-31",
        "close": 6.23,
        "volume": 1816021,
        "typical_volume": 2688387.5,
        "trend": 6.370737,
        "fair_value": 5.462898,
        "relative_strength": -10.400141,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.484499,
        "energy": 25.362161,
        "activity_lines": [
          6.217333,
          6.265455,
          6.285238,
          6.308986
        ]
      },
      {
        "date": "2026-08-07",
        "close": 6.3,
        "volume": 2366865,
        "typical_volume": 2653896.1,
        "trend": 6.354123,
        "fair_value": 5.489573,
        "relative_strength": -11.554145,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.738003,
        "energy": 24.947705,
        "activity_lines": [
          6.218667,
          6.268,
          6.286667,
          6.304422
        ]
      }
    ],
    "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."
    }
  }
}