{
  "ticker": {
    "uuid": "5bb71f8b-5739-45fe-91e5-c566e595b844",
    "symbol": "KELYA",
    "name": "Kelly Services A Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 72.125,
    "architecture_energy": 71.236,
    "architecture_maturity": 42.0,
    "architecture_confidence": 76.855,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 2.94,
        "rotation_up": 80.96,
        "upward_expansion": 91.52,
        "deceleration": 48.67,
        "rotation_down": 10.71,
        "downward_expansion": 13.52
      },
      "activity_lines": [
        14.998667,
        14.209636,
        12.779955,
        11.848131
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 15.19,
    "trend_reference": 10.927909,
    "distance_from_trend": 0.390019,
    "trend_direction": "Improving",
    "fair_value": 15.079207,
    "distance_from_fair_value": 0.007347,
    "fair_value_direction": "Improving",
    "relative_strength": 21.539294,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.388883,
    "excess_performance": 0.201429,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.390019,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.17516,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.007347,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.371562,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.215393,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.460716,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.388883,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.180872,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1777421,
      "relative_activity": 0.88231,
      "balance": 2.180872,
      "dry_up": 0.904649,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.091107,
      "annualized_volatility": 0.415967,
      "from_high_reference": -0.144225,
      "from_low_reference": 0.933645
    },
    "levels": {
      "trend_reference": 10.927909,
      "fair_value_reference": 15.079207,
      "structural_low": 8.226329,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": 0.005479,
        "positive_rate": 0.526316,
        "directional_follow_through": 0.526316,
        "median_excess_return": -0.003327,
        "regime_survival": 0.684211,
        "best_return": 0.190888,
        "worst_return": -0.255799,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.02629,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.014784,
        "regime_survival": 0.375,
        "best_return": 0.148971,
        "worst_return": -0.381642,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.117682,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.133478,
        "regime_survival": 0.2,
        "best_return": 0.30067,
        "worst_return": -0.363981,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.017652,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.115135,
        "regime_survival": 0.0,
        "best_return": 0.231278,
        "worst_return": -0.266583,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-06-14",
        "end": "2024-07-12",
        "tenure": "Developing",
        "return": 0.004259,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-19",
        "end": "2024-07-26",
        "tenure": "New",
        "return": 0.042774,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-02",
        "end": "2024-08-09",
        "tenure": "New",
        "return": -0.113999,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-16",
        "end": "2025-07-11",
        "tenure": "Extended",
        "return": -0.375038,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-18",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.066879,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.185109,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-09-26",
        "tenure": "New",
        "return": -0.052632,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-03",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": -0.140337,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-07",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.133484,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": 0.133102,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.127056,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.134593,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-01",
        "end": "2026-05-22",
        "tenure": "New",
        "return": 0.113213,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-29",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.307229,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 16.706857,
        "volume": 786070,
        "typical_volume": 839955.9,
        "trend": 16.175282,
        "fair_value": 17.621823,
        "relative_strength": -7.897314,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.176236,
        "energy": 17.536817,
        "activity_lines": [
          16.617479,
          16.583273,
          16.583665,
          16.361856
        ]
      },
      {
        "date": "2023-08-25",
        "close": 17.284529,
        "volume": 474136,
        "typical_volume": 835525.5,
        "trend": 16.206083,
        "fair_value": 17.619843,
        "relative_strength": -6.105373,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.859723,
        "energy": 28.226194,
        "activity_lines": [
          16.837537,
          16.730408,
          16.667537,
          16.433421
        ]
      },
      {
        "date": "2023-09-01",
        "close": 17.651684,
        "volume": 723078,
        "typical_volume": 831421.5,
        "trend": 16.214108,
        "fair_value": 17.625766,
        "relative_strength": -7.428371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.717295,
        "energy": 40.252297,
        "activity_lines": [
          17.119593,
          16.925613,
          16.776243,
          16.526685
        ]
      },
      {
        "date": "2023-09-08",
        "close": 16.964445,
        "volume": 863967,
        "typical_volume": 848083.75,
        "trend": 16.223084,
        "fair_value": 17.635926,
        "relative_strength": -9.802838,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.243238,
        "energy": 42.157059,
        "activity_lines": [
          17.122707,
          16.958403,
          16.809883,
          16.575094
        ]
      },
      {
        "date": "2023-09-15",
        "close": 17.180973,
        "volume": 2205941,
        "typical_volume": 927382.55,
        "trend": 16.271814,
        "fair_value": 17.643504,
        "relative_strength": -8.193136,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.106096,
        "energy": 46.2155,
        "activity_lines": [
          17.199574,
          17.022297,
          16.856515,
          16.636893
        ]
      },
      {
        "date": "2023-09-22",
        "close": 17.246872,
        "volume": 798243,
        "typical_volume": 937524.7,
        "trend": 16.340246,
        "fair_value": 17.658804,
        "relative_strength": -4.722607,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.526319,
        "energy": 40.823745,
        "activity_lines": [
          17.229299,
          17.078985,
          16.900583,
          16.6998
        ]
      },
      {
        "date": "2023-09-29",
        "close": 17.124487,
        "volume": 582640,
        "typical_volume": 930302.75,
        "trend": 16.379074,
        "fair_value": 17.669056,
        "relative_strength": -5.508637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.140505,
        "energy": 25.995454,
        "activity_lines": [
          17.182228,
          17.111614,
          16.923085,
          16.750397
        ]
      },
      {
        "date": "2023-10-06",
        "close": 17.576371,
        "volume": 639382,
        "typical_volume": 922036.15,
        "trend": 16.454443,
        "fair_value": 17.673386,
        "relative_strength": -4.726067,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.204365,
        "energy": 31.792879,
        "activity_lines": [
          17.296454,
          17.212845,
          16.988414,
          16.827642
        ]
      },
      {
        "date": "2023-10-13",
        "close": 17.275115,
        "volume": 464120,
        "typical_volume": 914474.5,
        "trend": 16.550588,
        "fair_value": 17.672572,
        "relative_strength": -6.342694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.974865,
        "energy": 27.491951,
        "activity_lines": [
          17.315282,
          17.247071,
          17.026447,
          16.880588
        ]
      },
      {
        "date": "2023-10-20",
        "close": 16.97386,
        "volume": 732529,
        "typical_volume": 920454.25,
        "trend": 16.628286,
        "fair_value": 17.667433,
        "relative_strength": -5.048705,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.074992,
        "energy": 20.840614,
        "activity_lines": [
          17.212981,
          17.221306,
          17.035092,
          16.907896
        ]
      },
      {
        "date": "2023-10-27",
        "close": 16.550219,
        "volume": 534473,
        "typical_volume": 911716.15,
        "trend": 16.663536,
        "fair_value": 17.672018,
        "relative_strength": -4.732022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 20.148958,
        "energy": 9.541223,
        "activity_lines": [
          16.983274,
          17.103434,
          17.005021,
          16.902859
        ]
      },
      {
        "date": "2023-11-03",
        "close": 17.726998,
        "volume": 515760,
        "typical_volume": 810529.95,
        "trend": 16.749218,
        "fair_value": 17.679767,
        "relative_strength": -3.891446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.449609,
        "energy": 19.879,
        "activity_lines": [
          17.19227,
          17.202369,
          17.090538,
          16.97147
        ]
      },
      {
        "date": "2023-11-10",
        "close": 18.574279,
        "volume": 618545,
        "typical_volume": 739700.15,
        "trend": 16.847267,
        "fair_value": 17.67817,
        "relative_strength": -1.823355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.125277,
        "energy": 45.460747,
        "activity_lines": [
          17.643525,
          17.44731,
          17.249747,
          17.089216
        ]
      },
      {
        "date": "2023-11-17",
        "close": 19.581602,
        "volume": 1240011,
        "typical_volume": 756737.8,
        "trend": 16.987921,
        "fair_value": 17.683732,
        "relative_strength": 1.620782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.015209,
        "energy": 77.515501,
        "activity_lines": [
          18.364028,
          17.858626,
          17.490687,
          17.265625
        ]
      },
      {
        "date": "2023-11-24",
        "close": 19.859423,
        "volume": 394435,
        "typical_volume": 750784.0,
        "trend": 17.13908,
        "fair_value": 17.684883,
        "relative_strength": 2.314073,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.678728,
        "energy": 88.468889,
        "activity_lines": [
          19.023372,
          18.272871,
          17.74346,
          17.450883
        ]
      },
      {
        "date": "2023-12-01",
        "close": 19.982245,
        "volume": 1074278,
        "typical_volume": 765930.65,
        "trend": 17.299626,
        "fair_value": 17.679055,
        "relative_strength": 2.972125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.107109,
        "energy": 90.472981,
        "activity_lines": [
          19.531285,
          18.660748,
          17.990149,
          17.634313
        ]
      },
      {
        "date": "2023-12-08",
        "close": 20.218442,
        "volume": 870951,
        "typical_volume": 775112.55,
        "trend": 17.404231,
        "fair_value": 17.679179,
        "relative_strength": 3.611937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.200707,
        "energy": 91.394846,
        "activity_lines": [
          19.889129,
          19.041835,
          18.245835,
          17.822623
        ]
      },
      {
        "date": "2023-12-15",
        "close": 19.831079,
        "volume": 3408106,
        "typical_volume": 903776.85,
        "trend": 17.46962,
        "fair_value": 17.686748,
        "relative_strength": -1.400264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.292203,
        "energy": 85.612668,
        "activity_lines": [
          19.951756,
          19.29624,
          18.446344,
          17.979194
        ]
      },
      {
        "date": "2023-12-22",
        "close": 20.464086,
        "volume": 812288,
        "typical_volume": 920034.4,
        "trend": 17.580798,
        "fair_value": 17.696273,
        "relative_strength": 1.132885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.327165,
        "energy": 80.655515,
        "activity_lines": [
          20.141599,
          19.624741,
          18.6932,
          18.172386
        ]
      },
      {
        "date": "2023-12-29",
        "close": 20.426295,
        "volume": 416663,
        "typical_volume": 907780.8,
        "trend": 17.684466,
        "fair_value": 17.707074,
        "relative_strength": 0.985497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.008983,
        "energy": 65.211126,
        "activity_lines": [
          20.260012,
          19.888391,
          18.919905,
          18.355966
        ]
      },
      {
        "date": "2024-01-05",
        "close": 19.301998,
        "volume": 824429,
        "typical_volume": 909698.75,
        "trend": 17.751595,
        "fair_value": 17.707514,
        "relative_strength": -1.03608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.752204,
        "energy": 51.112505,
        "activity_lines": [
          19.965869,
          19.884851,
          19.019143,
          18.460323
        ]
      },
      {
        "date": "2024-01-12",
        "close": 19.169728,
        "volume": 851835,
        "typical_volume": 928583.7,
        "trend": 17.848692,
        "fair_value": 17.70623,
        "relative_strength": -4.368443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.937419,
        "energy": 38.966397,
        "activity_lines": [
          19.672985,
          19.80723,
          19.093427,
          18.551815
        ]
      },
      {
        "date": "2024-01-19",
        "close": 19.226415,
        "volume": 453184,
        "typical_volume": 915089.0,
        "trend": 17.969866,
        "fair_value": 17.704843,
        "relative_strength": -6.313358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.336216,
        "energy": 27.311585,
        "activity_lines": [
          19.46891,
          19.713684,
          19.164132,
          18.640701
        ]
      },
      {
        "date": "2024-01-26",
        "close": 19.774392,
        "volume": 1161240,
        "typical_volume": 929952.65,
        "trend": 18.07868,
        "fair_value": 17.717597,
        "relative_strength": -3.901826,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.144642,
        "energy": 24.717491,
        "activity_lines": [
          19.487806,
          19.707913,
          19.279527,
          18.757122
        ]
      },
      {
        "date": "2024-02-02",
        "close": 19.47206,
        "volume": 943885,
        "typical_volume": 866849.85,
        "trend": 18.190229,
        "fair_value": 17.723099,
        "relative_strength": -6.076532,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.486413,
        "energy": 21.242635,
        "activity_lines": [
          19.451904,
          19.643668,
          19.352748,
          18.847017
        ]
      },
      {
        "date": "2024-02-09",
        "close": 20.086172,
        "volume": 918149,
        "typical_volume": 872845.15,
        "trend": 18.288185,
        "fair_value": 17.728683,
        "relative_strength": -4.511667,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.989233,
        "energy": 30.953484,
        "activity_lines": [
          19.684322,
          19.698122,
          19.473545,
          18.969336
        ]
      },
      {
        "date": "2024-02-16",
        "close": 21.730101,
        "volume": 1208770,
        "typical_volume": 904151.65,
        "trend": 18.466564,
        "fair_value": 17.74901,
        "relative_strength": 4.945676,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 82.73877,
        "energy": 62.205556,
        "activity_lines": [
          20.412438,
          20.049583,
          19.737387,
          19.191395
        ]
      },
      {
        "date": "2024-02-23",
        "close": 22.476483,
        "volume": 1005556,
        "typical_volume": 922460.35,
        "trend": 18.652322,
        "fair_value": 17.771493,
        "relative_strength": 7.048107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.496824,
        "energy": 86.666962,
        "activity_lines": [
          21.218656,
          20.509264,
          20.050381,
          19.4501
        ]
      },
      {
        "date": "2024-03-01",
        "close": 23.333345,
        "volume": 1659530,
        "typical_volume": 982230.85,
        "trend": 18.86383,
        "fair_value": 17.792577,
        "relative_strength": 8.981927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.096909,
        "energy": 95.125867,
        "activity_lines": [
          22.093824,
          21.076641,
          20.421647,
          19.752101
        ]
      },
      {
        "date": "2024-03-08",
        "close": 23.466029,
        "volume": 1255526,
        "typical_volume": 1008380.7,
        "trend": 19.107886,
        "fair_value": 17.811416,
        "relative_strength": 11.246489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.55653,
        "energy": 93.179663,
        "activity_lines": [
          22.775957,
          21.615974,
          20.776701,
          20.049017
        ]
      },
      {
        "date": "2024-03-15",
        "close": 23.13432,
        "volume": 2895243,
        "typical_volume": 1126419.2,
        "trend": 19.322135,
        "fair_value": 17.832276,
        "relative_strength": 10.703222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.504622,
        "energy": 88.690555,
        "activity_lines": [
          23.081255,
          22.039728,
          21.069249,
          20.308787
        ]
      },
      {
        "date": "2024-03-22",
        "close": 22.925817,
        "volume": 1106801,
        "typical_volume": 1155971.25,
        "trend": 19.510178,
        "fair_value": 17.848821,
        "relative_strength": 6.336312,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.576525,
        "energy": 84.140405,
        "activity_lines": [
          23.113842,
          22.355894,
          21.310586,
          20.541283
        ]
      },
      {
        "date": "2024-03-29",
        "close": 23.731396,
        "volume": 788560,
        "typical_volume": 1164472.0,
        "trend": 19.712835,
        "fair_value": 17.86171,
        "relative_strength": 10.446995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.432552,
        "energy": 68.628334,
        "activity_lines": [
          23.335241,
          22.750236,
          21.603889,
          20.81362
        ]
      },
      {
        "date": "2024-04-05",
        "close": 23.077456,
        "volume": 811483,
        "typical_volume": 1143045.6,
        "trend": 19.916602,
        "fair_value": 17.875664,
        "relative_strength": 8.076857,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.617106,
        "energy": 61.799608,
        "activity_lines": [
          23.254999,
          22.943772,
          21.810355,
          21.030692
        ]
      },
      {
        "date": "2024-04-12",
        "close": 22.186581,
        "volume": 608023,
        "typical_volume": 1153725.0,
        "trend": 20.083456,
        "fair_value": 17.878768,
        "relative_strength": 4.375576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.115432,
        "energy": 47.079407,
        "activity_lines": [
          22.894858,
          22.915274,
          21.915328,
          21.177142
        ]
      },
      {
        "date": "2024-04-19",
        "close": 22.470902,
        "volume": 619355,
        "typical_volume": 1130978.85,
        "trend": 20.25759,
        "fair_value": 17.884278,
        "relative_strength": 11.498492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.032036,
        "energy": 39.932821,
        "activity_lines": [
          22.714787,
          22.889116,
          22.036297,
          21.331171
        ]
      },
      {
        "date": "2024-04-26",
        "close": 22.233968,
        "volume": 865879,
        "typical_volume": 1130725.25,
        "trend": 20.427906,
        "fair_value": 17.880502,
        "relative_strength": 5.980044,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.234446,
        "energy": 27.250908,
        "activity_lines": [
          22.499967,
          22.776521,
          22.122851,
          21.458679
        ]
      },
      {
        "date": "2024-05-03",
        "close": 22.395083,
        "volume": 1106871,
        "typical_volume": 1015663.5,
        "trend": 20.58853,
        "fair_value": 17.869231,
        "relative_strength": 5.477157,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.487195,
        "energy": 22.505956,
        "activity_lines": [
          22.384974,
          22.684058,
          22.215151,
          21.585594
        ]
      },
      {
        "date": "2024-05-10",
        "close": 21.997033,
        "volume": 1644293,
        "typical_volume": 1057263.75,
        "trend": 20.745927,
        "fair_value": 17.860549,
        "relative_strength": 2.186853,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.108031,
        "energy": 18.854882,
        "activity_lines": [
          22.226386,
          22.520702,
          22.257332,
          21.676465
        ]
      },
      {
        "date": "2024-05-17",
        "close": 21.603721,
        "volume": 1470429,
        "typical_volume": 1109952.05,
        "trend": 20.900256,
        "fair_value": 17.853316,
        "relative_strength": -1.576129,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.400323,
        "energy": 17.259535,
        "activity_lines": [
          22.008722,
          22.310131,
          22.254755,
          21.731807
        ]
      },
      {
        "date": "2024-05-24",
        "close": 21.090252,
        "volume": 1580422,
        "typical_volume": 1147751.7,
        "trend": 21.05159,
        "fair_value": 17.838588,
        "relative_strength": -5.085022,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.204649,
        "energy": 13.04579,
        "activity_lines": [
          21.658758,
          22.040063,
          22.19767,
          21.744064
        ]
      },
      {
        "date": "2024-05-31",
        "close": 20.67187,
        "volume": 1004738,
        "typical_volume": 1155396.85,
        "trend": 21.149752,
        "fair_value": 17.823688,
        "relative_strength": -5.350198,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.575004,
        "energy": 23.143907,
        "activity_lines": [
          21.261378,
          21.73109,
          22.092223,
          21.719566
        ]
      },
      {
        "date": "2024-06-07",
        "close": 20.576783,
        "volume": 786248,
        "typical_volume": 1172050.05,
        "trend": 21.216503,
        "fair_value": 17.808588,
        "relative_strength": -8.109052,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.725779,
        "energy": 44.424796,
        "activity_lines": [
          20.936442,
          21.44581,
          21.970567,
          21.682601
        ]
      },
      {
        "date": "2024-06-14",
        "close": 20.091841,
        "volume": 800972,
        "typical_volume": 1154036.65,
        "trend": 21.233511,
        "fair_value": 17.799958,
        "relative_strength": -13.225663,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.614678,
        "energy": 58.472389,
        "activity_lines": [
          20.571078,
          21.129714,
          21.796296,
          21.610042
        ]
      },
      {
        "date": "2024-06-21",
        "close": 20.89057,
        "volume": 2190863,
        "typical_volume": 1216385.55,
        "trend": 21.267882,
        "fair_value": 17.786577,
        "relative_strength": -9.971844,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.86308,
        "energy": 49.4307,
        "activity_lines": [
          20.59897,
          21.013127,
          21.696582,
          21.587917
        ]
      },
      {
        "date": "2024-06-28",
        "close": 20.358084,
        "volume": 1223158,
        "typical_volume": 1231636.0,
        "trend": 21.28041,
        "fair_value": 17.780938,
        "relative_strength": -12.124128,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.897282,
        "energy": 37.914349,
        "activity_lines": [
          20.496911,
          20.823287,
          21.539401,
          21.52922
        ]
      },
      {
        "date": "2024-07-05",
        "close": 20.120367,
        "volume": 773258,
        "typical_volume": 1209860.4,
        "trend": 21.277141,
        "fair_value": 17.778214,
        "relative_strength": -16.008408,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.181016,
        "energy": 35.673942,
        "activity_lines": [
          20.364423,
          20.628641,
          21.358285,
          21.454378
        ]
      },
      {
        "date": "2024-07-12",
        "close": 20.177419,
        "volume": 1067278,
        "typical_volume": 1212946.5,
        "trend": 21.288686,
        "fair_value": 17.781521,
        "relative_strength": -15.381361,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.072258,
        "energy": 31.363774,
        "activity_lines": [
          20.28772,
          20.482797,
          21.190269,
          21.383429
        ]
      },
      {
        "date": "2024-07-19",
        "close": 21.118778,
        "volume": 1567321,
        "typical_volume": 1208336.05,
        "trend": 21.310509,
        "fair_value": 17.791446,
        "relative_strength": -7.804243,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.925791,
        "energy": 20.093561,
        "activity_lines": [
          20.551427,
          20.54843,
          21.122853,
          21.372467
        ]
      },
      {
        "date": "2024-07-26",
        "close": 22.022103,
        "volume": 834489,
        "typical_volume": 1187284.2,
        "trend": 21.363702,
        "fair_value": 17.804592,
        "relative_strength": -1.437915,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 3.487702,
        "energy": 5.744732,
        "activity_lines": [
          21.04778,
          20.794273,
          21.152014,
          21.418376
        ]
      },
      {
        "date": "2024-08-02",
        "close": 20.852535,
        "volume": 859837,
        "typical_volume": 1085513.9,
        "trend": 21.415387,
        "fair_value": 17.805861,
        "relative_strength": -3.733896,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -31.913133,
        "energy": 18.113936,
        "activity_lines": [
          21.078842,
          20.81986,
          21.076663,
          21.385398
        ]
      },
      {
        "date": "2024-08-09",
        "close": 18.475365,
        "volume": 1192945,
        "typical_volume": 1089821.1,
        "trend": 21.392241,
        "fair_value": 17.793877,
        "relative_strength": -14.908367,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -71.794659,
        "energy": 34.704573,
        "activity_lines": [
          20.28455,
          20.417556,
          20.785781,
          21.195719
        ]
      },
      {
        "date": "2024-08-16",
        "close": 19.350164,
        "volume": 1452241,
        "typical_volume": 1123005.15,
        "trend": 21.396366,
        "fair_value": 17.799415,
        "relative_strength": -15.287502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.357643,
        "energy": 46.052568,
        "activity_lines": [
          19.891525,
          20.214243,
          20.599406,
          21.063972
        ]
      },
      {
        "date": "2024-08-23",
        "close": 19.831397,
        "volume": 963835,
        "typical_volume": 1130622.75,
        "trend": 21.398266,
        "fair_value": 17.809326,
        "relative_strength": -13.855921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.352687,
        "energy": 55.484878,
        "activity_lines": [
          19.714061,
          20.12073,
          20.479725,
          20.963006
        ]
      },
      {
        "date": "2024-08-30",
        "close": 20.146332,
        "volume": 569654,
        "typical_volume": 1128704.3,
        "trend": 21.420742,
        "fair_value": 17.823246,
        "relative_strength": -11.633499,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.301739,
        "energy": 56.257822,
        "activity_lines": [
          19.7274,
          20.089212,
          20.405496,
          20.882236
        ]
      },
      {
        "date": "2024-09-06",
        "close": 19.096547,
        "volume": 519699,
        "typical_volume": 1123721.5,
        "trend": 21.387755,
        "fair_value": 17.834008,
        "relative_strength": -10.971917,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.933001,
        "energy": 50.438874,
        "activity_lines": [
          19.515863,
          19.880356,
          20.241002,
          20.732288
        ]
      },
      {
        "date": "2024-09-13",
        "close": 20.174963,
        "volume": 1005502,
        "typical_volume": 1130702.65,
        "trend": 21.335917,
        "fair_value": 17.848347,
        "relative_strength": -11.066971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.099932,
        "energy": 29.616258,
        "activity_lines": [
          19.780864,
          19.890513,
          20.195283,
          20.654043
        ]
      },
      {
        "date": "2024-09-20",
        "close": 20.213137,
        "volume": 1902777,
        "typical_volume": 1170497.95,
        "trend": 21.260472,
        "fair_value": 17.864803,
        "relative_strength": -11.977595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.103537,
        "energy": 21.152028,
        "activity_lines": [
          19.945283,
          19.906618,
          20.163005,
          20.581606
        ]
      },
      {
        "date": "2024-09-27",
        "close": 20.155876,
        "volume": 998902,
        "typical_volume": 1138228.4,
        "trend": 21.154556,
        "fair_value": 17.880892,
        "relative_strength": -12.889854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.436833,
        "energy": 19.067343,
        "activity_lines": [
          20.033083,
          19.911662,
          20.135663,
          20.510342
        ]
      },
      {
        "date": "2024-10-04",
        "close": 19.659614,
        "volume": 816750,
        "typical_volume": 1105544.45,
        "trend": 21.027676,
        "fair_value": 17.891517,
        "relative_strength": -14.852161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.032886,
        "energy": 17.760038,
        "activity_lines": [
          19.933831,
          19.843985,
          20.069826,
          20.413894
        ]
      },
      {
        "date": "2024-10-11",
        "close": 19.487831,
        "volume": 709392,
        "typical_volume": 1061992.95,
        "trend": 20.906126,
        "fair_value": 17.901216,
        "relative_strength": -16.353931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.485236,
        "energy": 22.627354,
        "activity_lines": [
          19.809765,
          19.788028,
          19.996886,
          20.314549
        ]
      },
      {
        "date": "2024-10-18",
        "close": 19.249243,
        "volume": 771820,
        "typical_volume": 1050347.05,
        "trend": 20.783574,
        "fair_value": 17.912372,
        "relative_strength": -17.251219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.270547,
        "energy": 33.518349,
        "activity_lines": [
          19.580085,
          19.713504,
          19.908854,
          20.207653
        ]
      },
      {
        "date": "2024-10-25",
        "close": 18.571654,
        "volume": 659843,
        "typical_volume": 1044026.8,
        "trend": 20.611582,
        "fair_value": 17.925859,
        "relative_strength": -19.948867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.761144,
        "energy": 55.019758,
        "activity_lines": [
          19.186256,
          19.501712,
          19.763064,
          20.064949
        ]
      },
      {
        "date": "2024-11-01",
        "close": 19.153808,
        "volume": 745208,
        "typical_volume": 1041238.6,
        "trend": 20.480794,
        "fair_value": 17.928206,
        "relative_strength": -15.783525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.286642,
        "energy": 54.308481,
        "activity_lines": [
          19.095911,
          19.409921,
          19.682266,
          19.970899
        ]
      },
      {
        "date": "2024-11-08",
        "close": 15.765865,
        "volume": 1498792,
        "typical_volume": 1006635.05,
        "trend": 20.26677,
        "fair_value": 17.920604,
        "relative_strength": -33.768986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.58043,
        "energy": 81.464923,
        "activity_lines": [
          17.943056,
          18.71446,
          19.283273,
          19.66671
        ]
      },
      {
        "date": "2024-11-15",
        "close": 13.733099,
        "volume": 1964182,
        "typical_volume": 1043686.25,
        "trend": 19.97551,
        "fair_value": 17.90606,
        "relative_strength": -39.680514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.594776,
        "energy": 94.859035,
        "activity_lines": [
          16.372195,
          17.72905,
          18.715087,
          19.245183
        ]
      },
      {
        "date": "2024-11-22",
        "close": 13.816475,
        "volume": 2163399,
        "typical_volume": 1113193.3,
        "trend": 19.694927,
        "fair_value": 17.892182,
        "relative_strength": -39.814222,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.612636,
        "energy": 95.288413,
        "activity_lines": [
          15.212776,
          16.856317,
          18.186389,
          18.847826
        ]
      },
      {
        "date": "2024-11-29",
        "close": 14.056344,
        "volume": 1247894,
        "typical_volume": 1122224.1,
        "trend": 19.416969,
        "fair_value": 17.884832,
        "relative_strength": -38.61912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.947934,
        "energy": 91.242748,
        "activity_lines": [
          14.495497,
          16.142805,
          17.710554,
          18.484046
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.749311,
        "volume": 2110227,
        "typical_volume": 1149369.4,
        "trend": 19.142045,
        "fair_value": 17.872872,
        "relative_strength": -41.219921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.225139,
        "energy": 89.771275,
        "activity_lines": [
          13.976895,
          15.48541,
          17.234626,
          18.118391
        ]
      },
      {
        "date": "2024-12-13",
        "close": 13.269573,
        "volume": 3763046,
        "typical_volume": 1295797.25,
        "trend": 18.86424,
        "fair_value": 17.857308,
        "relative_strength": -43.106812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.135745,
        "energy": 89.633501,
        "activity_lines": [
          13.658679,
          14.857273,
          16.748101,
          17.739522
        ]
      },
      {
        "date": "2024-12-20",
        "close": 12.492396,
        "volume": 15312449,
        "typical_volume": 2018427.85,
        "trend": 18.577645,
        "fair_value": 17.836586,
        "relative_strength": -44.576326,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.397023,
        "energy": 79.905354,
        "activity_lines": [
          13.247825,
          14.204014,
          16.229238,
          17.328435
        ]
      },
      {
        "date": "2024-12-27",
        "close": 12.645912,
        "volume": 2949354,
        "typical_volume": 2106248.3,
        "trend": 18.310113,
        "fair_value": 17.819196,
        "relative_strength": -43.757284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.595053,
        "energy": 69.232251,
        "activity_lines": [
          12.970855,
          13.705857,
          15.764806,
          16.945742
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13.672553,
        "volume": 1915099,
        "typical_volume": 2129391.2,
        "trend": 18.079972,
        "fair_value": 17.801519,
        "relative_strength": -38.100099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.817468,
        "energy": 64.944831,
        "activity_lines": [
          13.114137,
          13.514423,
          15.425908,
          16.646545
        ]
      },
      {
        "date": "2025-01-10",
        "close": 12.713076,
        "volume": 1696825,
        "typical_volume": 2166040.7,
        "trend": 17.834013,
        "fair_value": 17.775049,
        "relative_strength": -40.560537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.024048,
        "energy": 64.306271,
        "activity_lines": [
          12.96318,
          13.237612,
          15.022668,
          16.300294
        ]
      },
      {
        "date": "2025-01-17",
        "close": 13.490253,
        "volume": 1337494,
        "typical_volume": 2204432.7,
        "trend": 17.587336,
        "fair_value": 17.762485,
        "relative_strength": -38.119658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.433309,
        "energy": 54.6122,
        "activity_lines": [
          13.140363,
          13.219211,
          14.727342,
          16.020051
        ]
      },
      {
        "date": "2025-01-24",
        "close": 13.816475,
        "volume": 1079394,
        "typical_volume": 2232417.45,
        "trend": 17.369282,
        "fair_value": 17.752716,
        "relative_strength": -36.962546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.127306,
        "energy": 42.906739,
        "activity_lines": [
          13.411576,
          13.301497,
          14.49478,
          15.77677
        ]
      },
      {
        "date": "2025-01-31",
        "close": 13.509442,
        "volume": 1618021,
        "typical_volume": 2263043.4,
        "trend": 17.148918,
        "fair_value": 17.739571,
        "relative_strength": -36.916987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.477603,
        "energy": 39.263852,
        "activity_lines": [
          13.492172,
          13.326444,
          14.25812,
          15.527748
        ]
      },
      {
        "date": "2025-02-07",
        "close": 12.597939,
        "volume": 1105855,
        "typical_volume": 2223197.3,
        "trend": 16.896269,
        "fair_value": 17.719056,
        "relative_strength": -40.627666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.257552,
        "energy": 48.851649,
        "activity_lines": [
          13.211365,
          13.191245,
          13.96639,
          15.234136
        ]
      },
      {
        "date": "2025-02-14",
        "close": 13.567011,
        "volume": 2016452,
        "typical_volume": 2274074.8,
        "trend": 16.644543,
        "fair_value": 17.678452,
        "relative_strength": -37.108333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.070614,
        "energy": 41.613593,
        "activity_lines": [
          13.325223,
          13.258757,
          13.803217,
          15.019345
        ]
      },
      {
        "date": "2025-02-21",
        "close": 13.307952,
        "volume": 1772772,
        "typical_volume": 2321875.9,
        "trend": 16.354071,
        "fair_value": 17.635658,
        "relative_strength": -36.082224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.436575,
        "energy": 40.375049,
        "activity_lines": [
          13.295799,
          13.282482,
          13.646746,
          14.804082
        ]
      },
      {
        "date": "2025-02-28",
        "close": 12.995644,
        "volume": 1897348,
        "typical_volume": 2381273.7,
        "trend": 16.092175,
        "fair_value": 17.596806,
        "relative_strength": -34.520128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.27956,
        "energy": 45.025076,
        "activity_lines": [
          13.174425,
          13.248726,
          13.490778,
          14.587409
        ]
      },
      {
        "date": "2025-03-07",
        "close": 12.928109,
        "volume": 1464413,
        "typical_volume": 2415903.35,
        "trend": 15.907266,
        "fair_value": 17.563582,
        "relative_strength": -31.767555,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.576397,
        "energy": 41.799425,
        "activity_lines": [
          13.085263,
          13.193542,
          13.359293,
          14.383276
        ]
      },
      {
        "date": "2025-03-14",
        "close": 12.821983,
        "volume": 1242396,
        "typical_volume": 2445031.0,
        "trend": 15.68966,
        "fair_value": 17.513437,
        "relative_strength": -29.672039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.987704,
        "energy": 43.966839,
        "activity_lines": [
          12.99948,
          13.11393,
          13.247801,
          14.184225
        ]
      },
      {
        "date": "2025-03-21",
        "close": 12.706209,
        "volume": 2088139,
        "typical_volume": 2512177.55,
        "trend": 15.452154,
        "fair_value": 17.466904,
        "relative_strength": -29.581283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.914615,
        "energy": 44.800806,
        "activity_lines": [
          12.86017,
          13.028734,
          13.152663,
          13.991744
        ]
      },
      {
        "date": "2025-03-28",
        "close": 12.821983,
        "volume": 1353114,
        "typical_volume": 2504893.65,
        "trend": 15.208009,
        "fair_value": 17.422349,
        "relative_strength": -26.244995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.061592,
        "energy": 40.87823,
        "activity_lines": [
          12.816837,
          12.964712,
          13.099254,
          13.822056
        ]
      },
      {
        "date": "2025-04-04",
        "close": 11.818607,
        "volume": 1302381,
        "typical_volume": 2471803.6,
        "trend": 14.965411,
        "fair_value": 17.374834,
        "relative_strength": -23.593511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.788405,
        "energy": 50.266005,
        "activity_lines": [
          12.471445,
          12.730409,
          12.964303,
          13.603385
        ]
      },
      {
        "date": "2025-04-11",
        "close": 11.095019,
        "volume": 1659621,
        "typical_volume": 2446614.7,
        "trend": 14.662746,
        "fair_value": 17.32321,
        "relative_strength": -32.337422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.038083,
        "energy": 68.541972,
        "activity_lines": [
          11.963325,
          12.400869,
          12.769556,
          13.353682
        ]
      },
      {
        "date": "2025-04-18",
        "close": 10.786288,
        "volume": 1175313,
        "typical_volume": 2442985.65,
        "trend": 14.348518,
        "fair_value": 17.26743,
        "relative_strength": -31.592398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.057721,
        "energy": 81.44891,
        "activity_lines": [
          11.474501,
          12.059095,
          12.558365,
          13.103588
        ]
      },
      {
        "date": "2025-04-25",
        "close": 11.143258,
        "volume": 1292798,
        "typical_volume": 2402114.2,
        "trend": 14.048098,
        "fair_value": 17.225354,
        "relative_strength": -32.550046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.125932,
        "energy": 78.500513,
        "activity_lines": [
          11.24038,
          11.815164,
          12.396744,
          12.896797
        ]
      },
      {
        "date": "2025-05-02",
        "close": 11.316919,
        "volume": 925264,
        "typical_volume": 2260225.1,
        "trend": 13.770008,
        "fair_value": 17.185803,
        "relative_strength": -32.720847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.06892,
        "energy": 73.683024,
        "activity_lines": [
          11.168342,
          11.646876,
          12.264071,
          12.720592
        ]
      },
      {
        "date": "2025-05-09",
        "close": 11.664242,
        "volume": 1428742,
        "typical_volume": 1566039.75,
        "trend": 13.509221,
        "fair_value": 17.155481,
        "relative_strength": -29.503178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.338126,
        "energy": 49.975151,
        "activity_lines": [
          11.312417,
          11.577937,
          12.173775,
          12.584736
        ]
      },
      {
        "date": "2025-05-16",
        "close": 12.088747,
        "volume": 1737962,
        "typical_volume": 1505470.15,
        "trend": 13.270538,
        "fair_value": 17.123172,
        "relative_strength": -30.65589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.639988,
        "energy": 38.490734,
        "activity_lines": [
          11.608284,
          11.610389,
          12.127851,
          12.493092
        ]
      },
      {
        "date": "2025-05-23",
        "close": 11.326371,
        "volume": 1070602,
        "typical_volume": 1463245.3,
        "trend": 13.029029,
        "fair_value": 17.079232,
        "relative_strength": -32.528475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.398966,
        "energy": 32.380548,
        "activity_lines": [
          11.583778,
          11.519488,
          12.011974,
          12.367662
        ]
      },
      {
        "date": "2025-05-30",
        "close": 11.374899,
        "volume": 1537384,
        "typical_volume": 1455273.25,
        "trend": 12.769732,
        "fair_value": 17.036431,
        "relative_strength": -32.574613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.489977,
        "energy": 28.890264,
        "activity_lines": [
          11.539442,
          11.464604,
          11.91189,
          12.260944
        ]
      },
      {
        "date": "2025-06-06",
        "close": 11.559304,
        "volume": 1075574,
        "typical_volume": 1442177.25,
        "trend": 12.629513,
        "fair_value": 16.998297,
        "relative_strength": -31.957112,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.201843,
        "energy": 27.114368,
        "activity_lines": [
          11.541131,
          11.467453,
          11.835741,
          12.182852
        ]
      },
      {
        "date": "2025-06-13",
        "close": 11.171082,
        "volume": 1155689,
        "typical_volume": 1445992.0,
        "trend": 12.544113,
        "fair_value": 16.967066,
        "relative_strength": -33.029964,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.720162,
        "energy": 37.717392,
        "activity_lines": [
          11.397254,
          11.422674,
          11.731814,
          12.08876
        ]
      },
      {
        "date": "2025-06-20",
        "close": 10.811977,
        "volume": 1598755,
        "typical_volume": 1445028.7,
        "trend": 12.443963,
        "fair_value": 16.921601,
        "relative_strength": -34.238015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.675776,
        "energy": 42.815952,
        "activity_lines": [
          11.166553,
          11.324377,
          11.606283,
          11.977009
        ]
      },
      {
        "date": "2025-06-27",
        "close": 11.229316,
        "volume": 1265439,
        "typical_volume": 1453007.9,
        "trend": 12.349728,
        "fair_value": 16.878161,
        "relative_strength": -33.511641,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.994464,
        "energy": 37.235752,
        "activity_lines": [
          11.160083,
          11.307105,
          11.533344,
          11.898645
        ]
      },
      {
        "date": "2025-07-04",
        "close": 12.02517,
        "volume": 698866,
        "typical_volume": 1387128.6,
        "trend": 12.292257,
        "fair_value": 16.839115,
        "relative_strength": -28.991087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.394573,
        "energy": 26.588482,
        "activity_lines": [
          11.425368,
          11.42648,
          11.542717,
          11.877706
        ]
      },
      {
        "date": "2025-07-11",
        "close": 12.093109,
        "volume": 1462212,
        "typical_volume": 1371600.6,
        "trend": 12.253042,
        "fair_value": 16.799558,
        "relative_strength": -27.450524,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.558445,
        "energy": 11.544235,
        "activity_lines": [
          11.669947,
          11.542172,
          11.565904,
          11.864857
        ]
      },
      {
        "date": "2025-07-18",
        "close": 12.190165,
        "volume": 1728034,
        "typical_volume": 1363134.9,
        "trend": 12.242967,
        "fair_value": 16.754599,
        "relative_strength": -26.711975,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.98721,
        "energy": 13.199642,
        "activity_lines": [
          11.911292,
          11.661398,
          11.604118,
          11.860801
        ]
      },
      {
        "date": "2025-07-25",
        "close": 13.00543,
        "volume": 1543804,
        "typical_volume": 1367104.45,
        "trend": 12.254951,
        "fair_value": 16.709904,
        "relative_strength": -21.245046,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.344252,
        "energy": 35.169053,
        "activity_lines": [
          12.356453,
          11.919292,
          11.723813,
          11.909992
        ]
      },
      {
        "date": "2025-08-01",
        "close": 11.714593,
        "volume": 1610704,
        "typical_volume": 1385519.85,
        "trend": 12.189686,
        "fair_value": 16.657762,
        "relative_strength": -26.217428,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 14.77517,
        "energy": 22.996958,
        "activity_lines": [
          12.225105,
          11.925821,
          11.720202,
          11.87513
        ]
      },
      {
        "date": "2025-08-08",
        "close": 13.733346,
        "volume": 1932880,
        "typical_volume": 1377756.9,
        "trend": 12.223695,
        "fair_value": 16.637049,
        "relative_strength": -15.632725,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.059206,
        "energy": 53.841955,
        "activity_lines": [
          12.734322,
          12.292337,
          11.914127,
          11.974721
        ]
      },
      {
        "date": "2025-08-15",
        "close": 13.61688,
        "volume": 1899058,
        "typical_volume": 1405054.1,
        "trend": 12.227916,
        "fair_value": 16.617302,
        "relative_strength": -15.758867,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 45.966229,
        "energy": 60.996705,
        "activity_lines": [
          13.090839,
          12.594798,
          12.092069,
          12.064604
        ]
      },
      {
        "date": "2025-08-22",
        "close": 14.283077,
        "volume": 1675565,
        "typical_volume": 1423713.3,
        "trend": 12.243469,
        "fair_value": 16.607763,
        "relative_strength": -9.780737,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 51.905913,
        "energy": 67.475504,
        "activity_lines": [
          13.567837,
          12.980974,
          12.329673,
          12.197195
        ]
      },
      {
        "date": "2025-08-29",
        "close": 13.883073,
        "volume": 1172467,
        "typical_volume": 1399355.6,
        "trend": 12.255923,
        "fair_value": 16.602068,
        "relative_strength": -10.940016,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 66.974084,
        "energy": 77.614555,
        "activity_lines": [
          13.771973,
          13.237841,
          12.517445,
          12.302976
        ]
      },
      {
        "date": "2025-09-05",
        "close": 13.53185,
        "volume": 1382260,
        "typical_volume": 1409702.95,
        "trend": 12.287054,
        "fair_value": 16.597919,
        "relative_strength": -12.862129,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.535234,
        "energy": 69.735557,
        "activity_lines": [
          13.800525,
          13.37501,
          12.658492,
          12.385294
        ]
      },
      {
        "date": "2025-09-12",
        "close": 13.307457,
        "volume": 1292442,
        "typical_volume": 1409685.15,
        "trend": 12.278402,
        "fair_value": 16.596721,
        "relative_strength": -14.637742,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.562821,
        "energy": 52.777438,
        "activity_lines": [
          13.633129,
          13.429517,
          12.765093,
          12.451126
        ]
      },
      {
        "date": "2025-09-19",
        "close": 13.717218,
        "volume": 2053847,
        "typical_volume": 1466114.3,
        "trend": 12.292044,
        "fair_value": 16.603252,
        "relative_strength": -12.655842,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.901527,
        "energy": 41.389316,
        "activity_lines": [
          13.630713,
          13.535212,
          12.900414,
          12.543953
        ]
      },
      {
        "date": "2025-09-26",
        "close": 12.819647,
        "volume": 1801666,
        "typical_volume": 1484760.5,
        "trend": 12.286178,
        "fair_value": 16.604801,
        "relative_strength": -16.775184,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.580153,
        "energy": 25.048737,
        "activity_lines": [
          13.322417,
          13.448182,
          12.938822,
          12.577992
        ]
      },
      {
        "date": "2025-10-03",
        "close": 12.722085,
        "volume": 1284560,
        "typical_volume": 1462090.4,
        "trend": 12.27931,
        "fair_value": 16.603826,
        "relative_strength": -17.196531,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.705365,
        "energy": 20.635871,
        "activity_lines": [
          13.079162,
          13.331969,
          12.962436,
          12.606115
        ]
      },
      {
        "date": "2025-10-10",
        "close": 12.136713,
        "volume": 1480033,
        "typical_volume": 1482561.95,
        "trend": 12.256468,
        "fair_value": 16.595421,
        "relative_strength": -17.989377,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.123957,
        "energy": 16.683626,
        "activity_lines": [
          12.718183,
          13.114477,
          12.927285,
          12.596915
        ]
      },
      {
        "date": "2025-10-17",
        "close": 11.980614,
        "volume": 1453347,
        "typical_volume": 1478360.1,
        "trend": 12.232281,
        "fair_value": 16.580734,
        "relative_strength": -19.792744,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.790514,
        "energy": 17.196028,
        "activity_lines": [
          12.398179,
          12.860927,
          12.873408,
          12.579118
        ]
      },
      {
        "date": "2025-10-24",
        "close": 12.253788,
        "volume": 956214,
        "typical_volume": 1472392.1,
        "trend": 12.213341,
        "fair_value": 16.563823,
        "relative_strength": -18.585581,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.573473,
        "energy": 20.193323,
        "activity_lines": [
          12.25769,
          12.688914,
          12.842664,
          12.580506
        ]
      },
      {
        "date": "2025-10-31",
        "close": 10.936701,
        "volume": 1192669,
        "typical_volume": 1474241.1,
        "trend": 12.183945,
        "fair_value": 16.539716,
        "relative_strength": -27.453747,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -40.263005,
        "energy": 47.797482,
        "activity_lines": [
          11.775734,
          12.302214,
          12.683175,
          12.498142
        ]
      },
      {
        "date": "2025-11-07",
        "close": 9.395221,
        "volume": 2448308,
        "typical_volume": 1516718.75,
        "trend": 12.127285,
        "fair_value": 16.494514,
        "relative_strength": -34.897572,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.299222,
        "energy": 72.551543,
        "activity_lines": [
          10.905481,
          11.696088,
          12.377995,
          12.318224
        ]
      },
      {
        "date": "2025-11-14",
        "close": 8.136671,
        "volume": 3792553,
        "typical_volume": 1643074.45,
        "trend": 12.038964,
        "fair_value": 16.446762,
        "relative_strength": -42.866661,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -68.288025,
        "energy": 87.06136,
        "activity_lines": [
          9.837502,
          10.942732,
          11.9597,
          12.060765
        ]
      },
      {
        "date": "2025-11-21",
        "close": 8.141109,
        "volume": 3443750,
        "typical_volume": 1780318.65,
        "trend": 11.938892,
        "fair_value": 16.397947,
        "relative_strength": -40.344939,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -88.625141,
        "energy": 95.600643,
        "activity_lines": [
          9.037672,
          10.288277,
          11.556554,
          11.809291
        ]
      },
      {
        "date": "2025-11-28",
        "close": 8.505343,
        "volume": 1415060,
        "typical_volume": 1777961.05,
        "trend": 11.845173,
        "fair_value": 16.350513,
        "relative_strength": -39.913924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.565319,
        "energy": 90.095919,
        "activity_lines": [
          8.61522,
          9.79398,
          11.206593,
          11.587771
        ]
      },
      {
        "date": "2025-12-05",
        "close": 8.367525,
        "volume": 2453148,
        "typical_volume": 1814216.75,
        "trend": 11.735283,
        "fair_value": 16.310895,
        "relative_strength": -40.835378,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.504373,
        "energy": 89.231853,
        "activity_lines": [
          8.396726,
          9.369386,
          10.86059,
          11.363407
        ]
      },
      {
        "date": "2025-12-12",
        "close": 8.938485,
        "volume": 4100013,
        "typical_volume": 1942027.2,
        "trend": 11.630274,
        "fair_value": 16.270171,
        "relative_strength": -34.991832,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.916495,
        "energy": 85.321217,
        "activity_lines": [
          8.53983,
          9.129551,
          10.587168,
          11.182968
        ]
      },
      {
        "date": "2025-12-19",
        "close": 8.672693,
        "volume": 2808795,
        "typical_volume": 2001931.75,
        "trend": 11.541818,
        "fair_value": 16.225478,
        "relative_strength": -36.723815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.623608,
        "energy": 64.643395,
        "activity_lines": [
          8.624785,
          8.910183,
          10.307799,
          10.992157
        ]
      },
      {
        "date": "2025-12-26",
        "close": 8.47581,
        "volume": 1203519,
        "typical_volume": 1965463.7,
        "trend": 11.445182,
        "fair_value": 16.179107,
        "relative_strength": -38.344246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.756329,
        "energy": 64.242622,
        "activity_lines": [
          8.608378,
          8.718001,
          10.024164,
          10.79435
        ]
      },
      {
        "date": "2026-01-02",
        "close": 8.505343,
        "volume": 1982919,
        "typical_volume": 1969656.75,
        "trend": 11.343383,
        "fair_value": 16.129706,
        "relative_strength": -36.341148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.964771,
        "energy": 61.042337,
        "activity_lines": [
          8.579502,
          8.594911,
          9.768378,
          10.604683
        ]
      },
      {
        "date": "2026-01-09",
        "close": 9.036927,
        "volume": 1131477,
        "typical_volume": 1942452.35,
        "trend": 11.272245,
        "fair_value": 16.083833,
        "relative_strength": -33.187798,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.367488,
        "energy": 54.413852,
        "activity_lines": [
          8.727821,
          8.636627,
          9.58756,
          10.455879
        ]
      },
      {
        "date": "2026-01-16",
        "close": 9.962277,
        "volume": 3839539,
        "typical_volume": 2075805.95,
        "trend": 11.243921,
        "fair_value": 16.045083,
        "relative_strength": -25.042929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.616983,
        "energy": 38.431492,
        "activity_lines": [
          9.139962,
          8.88113,
          9.519851,
          10.371365
        ]
      },
      {
        "date": "2026-01-23",
        "close": 10.060718,
        "volume": 1289956,
        "typical_volume": 2071190.75,
        "trend": 11.204968,
        "fair_value": 16.0047,
        "relative_strength": -23.790429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.851819,
        "energy": 26.854049,
        "activity_lines": [
          9.516665,
          9.13322,
          9.480189,
          10.295029
        ]
      },
      {
        "date": "2026-01-30",
        "close": 10.621834,
        "volume": 1887534,
        "typical_volume": 2100945.35,
        "trend": 11.15819,
        "fair_value": 15.96118,
        "relative_strength": -18.77313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.552386,
        "energy": 26.778981,
        "activity_lines": [
          9.987871,
          9.45235,
          9.510495,
          10.257408
        ]
      },
      {
        "date": "2026-02-06",
        "close": 10.936847,
        "volume": 5645154,
        "typical_volume": 2280510.7,
        "trend": 11.119648,
        "fair_value": 15.924268,
        "relative_strength": -14.195526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 11.569018,
        "energy": 32.838156,
        "activity_lines": [
          10.421014,
          9.78365,
          9.583592,
          10.243128
        ]
      },
      {
        "date": "2026-02-13",
        "close": 9.63742,
        "volume": 2924172,
        "typical_volume": 2336636.0,
        "trend": 11.034557,
        "fair_value": 15.885283,
        "relative_strength": -22.75653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -3.726327,
        "energy": 24.239319,
        "activity_lines": [
          10.258914,
          9.834482,
          9.546173,
          10.1475
        ]
      },
      {
        "date": "2026-02-20",
        "close": 9.696485,
        "volume": 2324781,
        "typical_volume": 2388647.05,
        "trend": 10.924258,
        "fair_value": 15.850043,
        "relative_strength": -22.47968,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.876058,
        "energy": 17.888605,
        "activity_lines": [
          10.076469,
          9.872963,
          9.529533,
          10.061173
        ]
      },
      {
        "date": "2026-02-27",
        "close": 9.635422,
        "volume": 2283766,
        "typical_volume": 2428833.7,
        "trend": 10.854953,
        "fair_value": 15.809503,
        "relative_strength": -22.057515,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.112784,
        "energy": 9.596812,
        "activity_lines": [
          9.891389,
          9.886561,
          9.521485,
          9.978022
        ]
      },
      {
        "date": "2026-03-06",
        "close": 9.159109,
        "volume": 1524656,
        "typical_volume": 2432399.15,
        "trend": 10.702478,
        "fair_value": 15.77004,
        "relative_strength": -24.180533,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.312722,
        "energy": 28.460651,
        "activity_lines": [
          9.575892,
          9.796052,
          9.479984,
          9.868613
        ]
      },
      {
        "date": "2026-03-13",
        "close": 8.464485,
        "volume": 1935556,
        "typical_volume": 2481366.25,
        "trend": 10.530732,
        "fair_value": 15.732051,
        "relative_strength": -28.356544,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.210685,
        "energy": 40.749162,
        "activity_lines": [
          9.126368,
          9.566824,
          9.385765,
          9.724226
        ]
      },
      {
        "date": "2026-03-20",
        "close": 8.404946,
        "volume": 2191480,
        "typical_volume": 2531306.8,
        "trend": 10.334794,
        "fair_value": 15.692064,
        "relative_strength": -26.575571,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.555774,
        "energy": 54.369205,
        "activity_lines": [
          8.821822,
          9.327514,
          9.30392,
          9.587079
        ]
      },
      {
        "date": "2026-03-27",
        "close": 8.712565,
        "volume": 2138748,
        "typical_volume": 2515828.8,
        "trend": 10.162444,
        "fair_value": 15.648602,
        "relative_strength": -20.419178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.740806,
        "energy": 58.563184,
        "activity_lines": [
          8.70198,
          9.155625,
          9.263428,
          9.482419
        ]
      },
      {
        "date": "2026-04-03",
        "close": 8.712565,
        "volume": 1432784,
        "typical_volume": 2397840.35,
        "trend": 10.001801,
        "fair_value": 15.607294,
        "relative_strength": -22.454791,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.491188,
        "energy": 57.269861,
        "activity_lines": [
          8.647733,
          9.006458,
          9.226186,
          9.388878
        ]
      },
      {
        "date": "2026-04-10",
        "close": 8.643103,
        "volume": 1573565,
        "typical_volume": 2304331.1,
        "trend": 9.846322,
        "fair_value": 15.562488,
        "relative_strength": -25.583319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.001153,
        "energy": 41.587653,
        "activity_lines": [
          8.631856,
          8.869173,
          9.179587,
          9.30122
        ]
      },
      {
        "date": "2026-04-17",
        "close": 9.436959,
        "volume": 1865998,
        "typical_volume": 2326878.0,
        "trend": 9.703647,
        "fair_value": 15.524507,
        "relative_strength": -22.708115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.252906,
        "energy": 21.79438,
        "activity_lines": [
          8.914999,
          8.912203,
          9.206202,
          9.27481
        ]
      },
      {
        "date": "2026-04-24",
        "close": 9.53619,
        "volume": 1317970,
        "typical_volume": 2270119.1,
        "trend": 9.594198,
        "fair_value": 15.487402,
        "relative_strength": -22.845097,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.12543,
        "energy": 10.833748,
        "activity_lines": [
          9.166386,
          9.000546,
          9.237832,
          9.264006
        ]
      },
      {
        "date": "2026-05-01",
        "close": 9.575883,
        "volume": 1684206,
        "typical_volume": 2149328.75,
        "trend": 9.489325,
        "fair_value": 15.451569,
        "relative_strength": -22.9857,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.949391,
        "energy": 11.373513,
        "activity_lines": [
          9.355588,
          9.097946,
          9.267678,
          9.262825
        ]
      },
      {
        "date": "2026-05-08",
        "close": 9.794194,
        "volume": 2575019,
        "typical_volume": 2137639.95,
        "trend": 9.411241,
        "fair_value": 15.404863,
        "relative_strength": -24.53233,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.823544,
        "energy": 23.490455,
        "activity_lines": [
          9.560006,
          9.237232,
          9.315279,
          9.282494
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9.526267,
        "volume": 2706022,
        "typical_volume": 2212765.1,
        "trend": 9.329429,
        "fair_value": 15.351381,
        "relative_strength": -25.587886,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.135524,
        "energy": 22.596015,
        "activity_lines": [
          9.603007,
          9.324917,
          9.332023,
          9.289915
        ]
      },
      {
        "date": "2026-05-22",
        "close": 10.66,
        "volume": 3815876,
        "typical_volume": 2304412.95,
        "trend": 9.276303,
        "fair_value": 15.309915,
        "relative_strength": -17.071683,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 77.107157,
        "energy": 64.506719,
        "activity_lines": [
          9.96504,
          9.612059,
          9.45174,
          9.375758
        ]
      },
      {
        "date": "2026-05-29",
        "close": 11.62,
        "volume": 1984948,
        "typical_volume": 2347086.5,
        "trend": 9.29908,
        "fair_value": 15.2734,
        "relative_strength": -11.552638,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.779093,
        "energy": 81.893629,
        "activity_lines": [
          10.565538,
          10.033829,
          9.652624,
          9.526964
        ]
      },
      {
        "date": "2026-06-05",
        "close": 11.77,
        "volume": 2087375,
        "typical_volume": 2259478.3,
        "trend": 9.378239,
        "fair_value": 15.238028,
        "relative_strength": -5.655727,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.27671,
        "energy": 86.765984,
        "activity_lines": [
          11.077115,
          10.424416,
          9.855494,
          9.686378
        ]
      },
      {
        "date": "2026-06-12",
        "close": 12.04,
        "volume": 1549769,
        "typical_volume": 2272468.95,
        "trend": 9.50835,
        "fair_value": 15.210997,
        "relative_strength": -5.197064,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.858604,
        "energy": 91.058737,
        "activity_lines": [
          11.532418,
          10.808504,
          10.075471,
          9.858105
        ]
      },
      {
        "date": "2026-06-19",
        "close": 11.36,
        "volume": 2218863,
        "typical_volume": 2289035.4,
        "trend": 9.615647,
        "fair_value": 15.183874,
        "relative_strength": -12.376498,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.877739,
        "energy": 83.714194,
        "activity_lines": [
          11.611333,
          11.008456,
          10.22126,
          9.977566
        ]
      },
      {
        "date": "2026-06-26",
        "close": 12.73,
        "volume": 2824207,
        "typical_volume": 2147988.05,
        "trend": 9.756468,
        "fair_value": 15.159643,
        "relative_strength": 3.104616,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.4254,
        "energy": 87.311327,
        "activity_lines": [
          12.024667,
          11.408102,
          10.49401,
          10.178492
        ]
      },
      {
        "date": "2026-07-03",
        "close": 13.08,
        "volume": 1613008,
        "typical_volume": 2082429.85,
        "trend": 9.913551,
        "fair_value": 15.14012,
        "relative_strength": 5.423423,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.111054,
        "energy": 83.060994,
        "activity_lines": [
          12.416667,
          11.81151,
          10.791555,
          10.392913
        ]
      },
      {
        "date": "2026-07-10",
        "close": 13.55,
        "volume": 1612131,
        "typical_volume": 2046797.35,
        "trend": 10.067268,
        "fair_value": 15.117059,
        "relative_strength": 7.651653,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.21758,
        "energy": 77.301832,
        "activity_lines": [
          12.868,
          12.235941,
          11.117468,
          10.627523
        ]
      },
      {
        "date": "2026-07-17",
        "close": 15.32,
        "volume": 1728261,
        "typical_volume": 2019022.1,
        "trend": 10.288845,
        "fair_value": 15.110273,
        "relative_strength": 26.963907,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.241154,
        "energy": 93.105468,
        "activity_lines": [
          13.790667,
          12.909932,
          11.593603,
          10.966409
        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.16,
        "volume": 1835232,
        "typical_volume": 2034550.9,
        "trend": 10.511651,
        "fair_value": 15.099095,
        "relative_strength": 27.802295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.562171,
        "energy": 91.910545,
        "activity_lines": [
          14.441333,
          13.454364,
          12.027431,
          11.280677
        ]
      },
      {
        "date": "2026-07-31",
        "close": 14.84,
        "volume": 1948784,
        "typical_volume": 2035212.3,
        "trend": 10.722807,
        "fair_value": 15.085325,
        "relative_strength": 24.373706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.299714,
        "energy": 84.411001,
        "activity_lines": [
          14.732,
          13.838182,
          12.402206,
          11.559925
        ]
      },
      {
        "date": "2026-08-07",
        "close": 15.19,
        "volume": 1777421,
        "typical_volume": 2014509.35,
        "trend": 10.927909,
        "fair_value": 15.079207,
        "relative_strength": 21.539294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.12501,
        "energy": 71.236182,
        "activity_lines": [
          14.998667,
          14.209636,
          12.779955,
          11.848131
        ]
      }
    ],
    "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."
    }
  }
}