{
  "ticker": {
    "uuid": "704f185c-42f2-44de-a0cb-a3d5f02d3e70",
    "symbol": "LH",
    "name": "Land and Houses Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^SET.BK",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 17.418,
    "architecture_energy": 19.87,
    "architecture_maturity": 12.527,
    "architecture_confidence": 47.809,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 45.05,
        "rotation_up": 50.21,
        "upward_expansion": 42.35,
        "deceleration": 33.4,
        "rotation_down": 21.63,
        "downward_expansion": 15.02
      },
      "activity_lines": [
        3.785333,
        3.770909,
        3.720648,
        3.723743
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 3.78,
    "trend_reference": 3.752652,
    "distance_from_trend": 0.007288,
    "trend_direction": "Improving",
    "fair_value": 4.734247,
    "distance_from_fair_value": -0.201563,
    "fair_value_direction": "Improving",
    "relative_strength": -13.003657,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.008981,
    "excess_performance": -0.201306,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.007288,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.016737,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.201563,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.075317,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.130037,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.027458,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.008981,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.162684,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 120567900,
      "relative_activity": 1.378203,
      "balance": 1.162684,
      "dry_up": 1.395015,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.030932,
      "annualized_volatility": 0.277669,
      "from_high_reference": -0.132308,
      "from_low_reference": 0.148416
    },
    "levels": {
      "trend_reference": 3.752652,
      "fair_value_reference": 4.734247,
      "structural_low": 3.446383,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.039683,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.044013,
        "regime_survival": 0.333333,
        "best_return": 0.039326,
        "worst_return": -0.136986,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.129682,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.114872,
        "regime_survival": 0.0,
        "best_return": 0.08,
        "worst_return": -0.183674,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.088887,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.083586,
        "regime_survival": 0.0,
        "best_return": 0.091429,
        "worst_return": -0.30449,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.133538,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.062695,
        "regime_survival": 0.5,
        "best_return": 0.002399,
        "worst_return": -0.269475,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-04",
        "end": "2024-10-11",
        "tenure": "New",
        "return": -0.039683,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-18",
        "end": "2024-11-08",
        "tenure": "New",
        "return": -0.112903,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-15",
        "end": "2025-08-08",
        "tenure": "Extended",
        "return": -0.196763,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-09-05",
        "tenure": "New",
        "return": 0.024876,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-12",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2025-10-24",
        "tenure": "New",
        "return": 0.031414,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-31",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.082051,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-28",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.062857,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-26",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.005319,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-09",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": 0.020725,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-13",
        "end": "2026-02-20",
        "tenure": "New",
        "return": 0.004566,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-27",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.133027,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-07-10",
        "tenure": "Established",
        "return": 0.02753,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.005263,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 6.858882,
        "volume": 141375100,
        "typical_volume": 149518595.0,
        "trend": 7.353597,
        "fair_value": 6.518143,
        "relative_strength": -2.092524,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.003346,
        "energy": 47.913982,
        "activity_lines": [
          6.916382,
          6.93505,
          7.020129,
          7.164353
        ]
      },
      {
        "date": "2023-08-25",
        "close": 6.9841,
        "volume": 250384300,
        "typical_volume": 158534510.0,
        "trend": 7.325214,
        "fair_value": 6.529478,
        "relative_strength": -3.047276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.532202,
        "energy": 42.666617,
        "activity_lines": [
          6.93074,
          6.942136,
          7.001862,
          7.140514
        ]
      },
      {
        "date": "2023-09-01",
        "close": 6.942026,
        "volume": 246237600,
        "typical_volume": 168323650.0,
        "trend": 7.294109,
        "fair_value": 6.540768,
        "relative_strength": -3.782902,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.008987,
        "energy": 39.750009,
        "activity_lines": [
          6.933679,
          6.942281,
          6.983265,
          7.115792
        ]
      },
      {
        "date": "2023-09-08",
        "close": 7.068244,
        "volume": 111623600,
        "typical_volume": 168671415.0,
        "trend": 7.26853,
        "fair_value": 6.553541,
        "relative_strength": -1.243607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.763998,
        "energy": 27.632908,
        "activity_lines": [
          6.981361,
          6.964611,
          6.980755,
          7.10122
        ]
      },
      {
        "date": "2023-09-15",
        "close": 6.899953,
        "volume": 190004900,
        "typical_volume": 172602835.0,
        "trend": 7.241299,
        "fair_value": 6.565907,
        "relative_strength": -3.325773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.775957,
        "energy": 26.397573,
        "activity_lines": [
          6.961727,
          6.954029,
          6.965495,
          7.077441
        ]
      },
      {
        "date": "2023-09-22",
        "close": 6.731662,
        "volume": 222986200,
        "typical_volume": 178595355.0,
        "trend": 7.209777,
        "fair_value": 6.578093,
        "relative_strength": -4.540018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.037005,
        "energy": 43.036775,
        "activity_lines": [
          6.888734,
          6.912848,
          6.938286,
          7.044562
        ]
      },
      {
        "date": "2023-09-29",
        "close": 6.563371,
        "volume": 235286800,
        "typical_volume": 176562315.0,
        "trend": 7.176603,
        "fair_value": 6.589872,
        "relative_strength": -3.70201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.288839,
        "energy": 66.966845,
        "activity_lines": [
          6.768125,
          6.845623,
          6.899176,
          7.002858
        ]
      },
      {
        "date": "2023-10-06",
        "close": 6.479225,
        "volume": 313074400,
        "typical_volume": 177665630.0,
        "trend": 7.139305,
        "fair_value": 6.599991,
        "relative_strength": -2.805536,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.360753,
        "energy": 85.268549,
        "activity_lines": [
          6.647516,
          6.771458,
          6.855414,
          6.957866
        ]
      },
      {
        "date": "2023-10-13",
        "close": 6.563371,
        "volume": 174636900,
        "typical_volume": 178179915.0,
        "trend": 7.104812,
        "fair_value": 6.61177,
        "relative_strength": -2.423507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.894158,
        "energy": 81.55798,
        "activity_lines": [
          6.58581,
          6.721736,
          6.822453,
          6.920709
        ]
      },
      {
        "date": "2023-10-20",
        "close": 6.310933,
        "volume": 179073700,
        "typical_volume": 174279415.0,
        "trend": 7.061905,
        "fair_value": 6.623278,
        "relative_strength": -2.763791,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.475524,
        "energy": 89.960663,
        "activity_lines": [
          6.473615,
          6.632235,
          6.76803,
          6.869491
        ]
      },
      {
        "date": "2023-10-27",
        "close": 6.184714,
        "volume": 231008200,
        "typical_volume": 177153585.0,
        "trend": 7.008194,
        "fair_value": 6.634202,
        "relative_strength": -3.904052,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.078032,
        "energy": 91.179505,
        "activity_lines": [
          6.358616,
          6.531242,
          6.704391,
          6.812898
        ]
      },
      {
        "date": "2023-11-03",
        "close": 6.395078,
        "volume": 168864400,
        "typical_volume": 175637340.0,
        "trend": 6.962815,
        "fair_value": 6.645127,
        "relative_strength": -2.853059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.16281,
        "energy": 67.750623,
        "activity_lines": [
          6.350201,
          6.480754,
          6.664975,
          6.773342
        ]
      },
      {
        "date": "2023-11-10",
        "close": 6.353006,
        "volume": 185067500,
        "typical_volume": 175442530.0,
        "trend": 6.914714,
        "fair_value": 6.652641,
        "relative_strength": -1.387066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.424249,
        "energy": 58.762881,
        "activity_lines": [
          6.338981,
          6.433327,
          6.624543,
          6.733999
        ]
      },
      {
        "date": "2023-11-17",
        "close": 6.437151,
        "volume": 132651000,
        "typical_volume": 175848940.0,
        "trend": 6.870737,
        "fair_value": 6.6589,
        "relative_strength": -1.928982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.738649,
        "energy": 51.083126,
        "activity_lines": [
          6.364225,
          6.411908,
          6.594729,
          6.703189
        ]
      },
      {
        "date": "2023-11-24",
        "close": 6.479225,
        "volume": 108979600,
        "typical_volume": 175328425.0,
        "trend": 6.828162,
        "fair_value": 6.664081,
        "relative_strength": -0.021135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.995549,
        "energy": 36.093382,
        "activity_lines": [
          6.411908,
          6.409613,
          6.571322,
          6.67793
        ]
      },
      {
        "date": "2023-12-01",
        "close": 6.521298,
        "volume": 133060800,
        "typical_volume": 176874955.0,
        "trend": 6.792267,
        "fair_value": 6.669084,
        "relative_strength": 1.805075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.852358,
        "energy": 28.38693,
        "activity_lines": [
          6.462396,
          6.422617,
          6.553925,
          6.658132
        ]
      },
      {
        "date": "2023-12-08",
        "close": 6.437151,
        "volume": 104850200,
        "typical_volume": 170855930.0,
        "trend": 6.764519,
        "fair_value": 6.672201,
        "relative_strength": 0.440109,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.046162,
        "energy": 23.115442,
        "activity_lines": [
          6.462395,
          6.424147,
          6.530709,
          6.635222
        ]
      },
      {
        "date": "2023-12-15",
        "close": 6.521298,
        "volume": 99524200,
        "typical_volume": 170052720.0,
        "trend": 6.746421,
        "fair_value": 6.675184,
        "relative_strength": 1.041203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.124366,
        "energy": 18.540038,
        "activity_lines": [
          6.487639,
          6.443271,
          6.518297,
          6.61953
        ]
      },
      {
        "date": "2023-12-22",
        "close": 6.605443,
        "volume": 126309300,
        "typical_volume": 172862645.0,
        "trend": 6.729759,
        "fair_value": 6.68095,
        "relative_strength": 1.370659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.44623,
        "energy": 17.568282,
        "activity_lines": [
          6.529712,
          6.47693,
          6.516093,
          6.610435
        ]
      },
      {
        "date": "2023-12-29",
        "close": 6.85788,
        "volume": 105217500,
        "typical_volume": 173010810.0,
        "trend": 6.728356,
        "fair_value": 6.689233,
        "relative_strength": 4.380848,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 7.328488,
        "energy": 14.46999,
        "activity_lines": [
          6.644711,
          6.555721,
          6.539333,
          6.618701
        ]
      },
      {
        "date": "2024-01-05",
        "close": 6.773735,
        "volume": 82046600,
        "typical_volume": 170044385.0,
        "trend": 6.718673,
        "fair_value": 6.694283,
        "relative_strength": 2.189286,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.404582,
        "energy": 20.344608,
        "activity_lines": [
          6.706418,
          6.609268,
          6.554956,
          6.621628
        ]
      },
      {
        "date": "2024-01-12",
        "close": 6.689589,
        "volume": 132795400,
        "typical_volume": 164164940.0,
        "trend": 6.707553,
        "fair_value": 6.700813,
        "relative_strength": 1.899279,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.422843,
        "energy": 27.251892,
        "activity_lines": [
          6.723247,
          6.636807,
          6.56297,
          6.619752
        ]
      },
      {
        "date": "2024-01-19",
        "close": 6.395078,
        "volume": 177365900,
        "typical_volume": 160721355.0,
        "trend": 6.690724,
        "fair_value": 6.705455,
        "relative_strength": -0.430836,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.315846,
        "energy": 19.776872,
        "activity_lines": [
          6.625077,
          6.605443,
          6.544337,
          6.599592
        ]
      },
      {
        "date": "2024-01-26",
        "close": 6.395078,
        "volume": 176273500,
        "typical_volume": 163953850.0,
        "trend": 6.672526,
        "fair_value": 6.711444,
        "relative_strength": 0.608484,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.744687,
        "energy": 21.76227,
        "activity_lines": [
          6.535321,
          6.573315,
          6.528309,
          6.580518
        ]
      },
      {
        "date": "2024-02-02",
        "close": 6.437151,
        "volume": 78380000,
        "typical_volume": 158372605.0,
        "trend": 6.657099,
        "fair_value": 6.717254,
        "relative_strength": 0.110434,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.170516,
        "energy": 30.83791,
        "activity_lines": [
          6.473614,
          6.549601,
          6.519494,
          6.565333
        ]
      },
      {
        "date": "2024-02-09",
        "close": 6.395078,
        "volume": 163505800,
        "typical_volume": 155398585.0,
        "trend": 6.637532,
        "fair_value": 6.722345,
        "relative_strength": -0.809687,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.019366,
        "energy": 37.895876,
        "activity_lines": [
          6.425932,
          6.519002,
          6.508876,
          6.548428
        ]
      },
      {
        "date": "2024-02-16",
        "close": 6.26886,
        "volume": 139890400,
        "typical_volume": 150628765.0,
        "trend": 6.612388,
        "fair_value": 6.727076,
        "relative_strength": -2.559534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.436581,
        "energy": 62.120439,
        "activity_lines": [
          6.36142,
          6.46775,
          6.487839,
          6.524643
        ]
      },
      {
        "date": "2024-02-23",
        "close": 6.353006,
        "volume": 198815700,
        "typical_volume": 144915830.0,
        "trend": 6.591419,
        "fair_value": 6.732346,
        "relative_strength": -2.027232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.685975,
        "energy": 55.513983,
        "activity_lines": [
          6.353006,
          6.434856,
          6.476219,
          6.507908
        ]
      },
      {
        "date": "2024-03-01",
        "close": 6.310933,
        "volume": 180097300,
        "typical_volume": 145188850.0,
        "trend": 6.571785,
        "fair_value": 6.737122,
        "relative_strength": -0.453012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.465057,
        "energy": 50.966108,
        "activity_lines": [
          6.333372,
          6.397373,
          6.461193,
          6.489813
        ]
      },
      {
        "date": "2024-03-08",
        "close": 6.058496,
        "volume": 351440400,
        "typical_volume": 153807185.0,
        "trend": 6.542367,
        "fair_value": 6.737587,
        "relative_strength": -5.595741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.716843,
        "energy": 64.277109,
        "activity_lines": [
          6.235202,
          6.319347,
          6.423328,
          6.456697
        ]
      },
      {
        "date": "2024-03-15",
        "close": 6.016423,
        "volume": 245822400,
        "typical_volume": 154547895.0,
        "trend": 6.514285,
        "fair_value": 6.737558,
        "relative_strength": -6.023205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.128521,
        "energy": 67.324997,
        "activity_lines": [
          6.148251,
          6.248206,
          6.382657,
          6.422765
        ]
      },
      {
        "date": "2024-03-22",
        "close": 5.890204,
        "volume": 139666700,
        "typical_volume": 153088010.0,
        "trend": 6.477822,
        "fair_value": 6.736496,
        "relative_strength": -7.465893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.674114,
        "energy": 79.621911,
        "activity_lines": [
          6.044471,
          6.167885,
          6.330767,
          6.382502
        ]
      },
      {
        "date": "2024-03-29",
        "close": 6.226788,
        "volume": 167389100,
        "typical_volume": 152204090.0,
        "trend": 6.453981,
        "fair_value": 6.73804,
        "relative_strength": -1.824665,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.917351,
        "energy": 66.782661,
        "activity_lines": [
          6.07813,
          6.163296,
          6.313337,
          6.366306
        ]
      },
      {
        "date": "2024-04-05",
        "close": 6.226788,
        "volume": 222140500,
        "typical_volume": 156678565.0,
        "trend": 6.425932,
        "fair_value": 6.740257,
        "relative_strength": -1.495066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.447947,
        "energy": 42.647567,
        "activity_lines": [
          6.120203,
          6.161766,
          6.296508,
          6.351649
        ]
      },
      {
        "date": "2024-04-12",
        "close": 6.353006,
        "volume": 145866800,
        "typical_volume": 158522925.0,
        "trend": 6.407701,
        "fair_value": 6.743732,
        "relative_strength": -0.852118,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.236662,
        "energy": 24.319263,
        "activity_lines": [
          6.209958,
          6.186245,
          6.292701,
          6.346944
        ]
      },
      {
        "date": "2024-04-19",
        "close": 6.353006,
        "volume": 0,
        "typical_volume": 151869885.0,
        "trend": 6.395079,
        "fair_value": 6.746983,
        "relative_strength": 4.024506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.179076,
        "energy": 21.517002,
        "activity_lines": [
          6.28008,
          6.212253,
          6.289496,
          6.343415
        ]
      },
      {
        "date": "2024-04-26",
        "close": 6.184714,
        "volume": 301908700,
        "typical_volume": 161722810.0,
        "trend": 6.382457,
        "fair_value": 6.747809,
        "relative_strength": -0.58693,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.539832,
        "energy": 20.79046,
        "activity_lines": [
          6.271665,
          6.208428,
          6.271064,
          6.329843
        ]
      },
      {
        "date": "2024-05-03",
        "close": 6.312698,
        "volume": 122266500,
        "typical_volume": 162859925.0,
        "trend": 6.376906,
        "fair_value": 6.750576,
        "relative_strength": 0.878359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.851044,
        "energy": 18.350293,
        "activity_lines": [
          6.286278,
          6.229403,
          6.266023,
          6.325343
        ]
      },
      {
        "date": "2024-05-10",
        "close": 6.225022,
        "volume": 136950800,
        "typical_volume": 163392000.0,
        "trend": 6.365628,
        "fair_value": 6.754411,
        "relative_strength": -0.616735,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.217609,
        "energy": 14.852835,
        "activity_lines": [
          6.265937,
          6.23517,
          6.253625,
          6.315544
        ]
      },
      {
        "date": "2024-05-17",
        "close": 5.961993,
        "volume": 228967900,
        "typical_volume": 169579520.0,
        "trend": 6.353996,
        "fair_value": 6.755862,
        "relative_strength": -5.418178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.344693,
        "energy": 35.568059,
        "activity_lines": [
          6.158039,
          6.194675,
          6.217989,
          6.289503
        ]
      },
      {
        "date": "2024-05-24",
        "close": 5.918155,
        "volume": 53406100,
        "typical_volume": 168147495.0,
        "trend": 6.345111,
        "fair_value": 6.756566,
        "relative_strength": -4.739111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.355302,
        "energy": 59.389475,
        "activity_lines": [
          6.061595,
          6.147964,
          6.182443,
          6.261384
        ]
      },
      {
        "date": "2024-05-31",
        "close": 5.961993,
        "volume": 106050100,
        "typical_volume": 166810230.0,
        "trend": 6.330675,
        "fair_value": 6.756853,
        "relative_strength": -2.660198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.741606,
        "energy": 67.529535,
        "activity_lines": [
          6.008754,
          6.111011,
          6.155147,
          6.236667
        ]
      },
      {
        "date": "2024-06-07",
        "close": 5.655126,
        "volume": 247447700,
        "typical_volume": 170314320.0,
        "trend": 6.307412,
        "fair_value": 6.75401,
        "relative_strength": -6.657192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.099767,
        "energy": 84.567062,
        "activity_lines": [
          5.868472,
          6.016958,
          6.10209,
          6.193083
        ]
      },
      {
        "date": "2024-06-14",
        "close": 5.260582,
        "volume": 375732800,
        "typical_volume": 180287285.0,
        "trend": 6.268193,
        "fair_value": 6.748404,
        "relative_strength": -11.250359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.597207,
        "energy": 94.989233,
        "activity_lines": [
          5.640513,
          5.861564,
          6.014981,
          6.125545
        ]
      },
      {
        "date": "2024-06-21",
        "close": 5.216744,
        "volume": 157801200,
        "typical_volume": 184258345.0,
        "trend": 6.226111,
        "fair_value": 6.743681,
        "relative_strength": -11.759173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.312965,
        "energy": 95.64552,
        "activity_lines": [
          5.462238,
          5.715766,
          5.9291,
          6.05771
        ]
      },
      {
        "date": "2024-06-28",
        "close": 5.172906,
        "volume": 314958400,
        "typical_volume": 191830975.0,
        "trend": 6.181164,
        "fair_value": 6.739608,
        "relative_strength": -11.893913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.454083,
        "energy": 94.182541,
        "activity_lines": [
          5.319033,
          5.582658,
          5.844854,
          5.989761
        ]
      },
      {
        "date": "2024-07-05",
        "close": 5.260582,
        "volume": 92280300,
        "typical_volume": 189450470.0,
        "trend": 6.141945,
        "fair_value": 6.736563,
        "relative_strength": -10.918658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.390105,
        "energy": 88.501024,
        "activity_lines": [
          5.254737,
          5.486947,
          5.774779,
          5.930369
        ]
      },
      {
        "date": "2024-07-12",
        "close": 5.30442,
        "volume": 41672800,
        "typical_volume": 181593325.0,
        "trend": 6.101383,
        "fair_value": 6.732635,
        "relative_strength": -11.294288,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.860986,
        "energy": 86.844743,
        "activity_lines": [
          5.251814,
          5.416008,
          5.71368,
          5.876335
        ]
      },
      {
        "date": "2024-07-19",
        "close": 5.041391,
        "volume": 181961700,
        "typical_volume": 181686545.0,
        "trend": 6.049248,
        "fair_value": 6.727719,
        "relative_strength": -14.458864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.384425,
        "energy": 76.685163,
        "activity_lines": [
          5.184596,
          5.315579,
          5.632524,
          5.807948
        ]
      },
      {
        "date": "2024-07-26",
        "close": 4.909877,
        "volume": 152524000,
        "typical_volume": 171740725.0,
        "trend": 5.984314,
        "fair_value": 6.72289,
        "relative_strength": -15.779438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.875187,
        "energy": 72.49073,
        "activity_lines": [
          5.088152,
          5.212759,
          5.544889,
          5.734441
        ]
      },
      {
        "date": "2024-08-02",
        "close": 4.997553,
        "volume": 148544400,
        "typical_volume": 166876825.0,
        "trend": 5.925108,
        "fair_value": 6.718624,
        "relative_strength": -14.399445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.25454,
        "energy": 67.960977,
        "activity_lines": [
          5.041391,
          5.145009,
          5.471073,
          5.670779
        ]
      },
      {
        "date": "2024-08-09",
        "close": 4.646848,
        "volume": 218145500,
        "typical_volume": 170800765.0,
        "trend": 5.857017,
        "fair_value": 6.711411,
        "relative_strength": -19.095543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.254093,
        "energy": 74.216114,
        "activity_lines": [
          4.889419,
          5.030232,
          5.368708,
          5.58831
        ]
      },
      {
        "date": "2024-08-16",
        "close": 4.559171,
        "volume": 204852300,
        "typical_volume": 172673925.0,
        "trend": 5.79582,
        "fair_value": 6.703172,
        "relative_strength": -20.633096,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.726991,
        "energy": 90.789023,
        "activity_lines": [
          4.749137,
          4.923427,
          5.263914,
          5.504578
        ]
      },
      {
        "date": "2024-08-23",
        "close": 4.778362,
        "volume": 301109500,
        "typical_volume": 176622375.0,
        "trend": 5.741929,
        "fair_value": 6.694671,
        "relative_strength": -19.669198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.65815,
        "energy": 66.8688,
        "activity_lines": [
          4.731601,
          4.8764,
          5.187936,
          5.438936
        ]
      },
      {
        "date": "2024-08-30",
        "close": 4.953715,
        "volume": 279797900,
        "typical_volume": 183318930.0,
        "trend": 5.692481,
        "fair_value": 6.687294,
        "relative_strength": -16.686399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.434104,
        "energy": 64.709254,
        "activity_lines": [
          4.790052,
          4.870024,
          5.135556,
          5.388083
        ]
      },
      {
        "date": "2024-09-06",
        "close": 5.30442,
        "volume": 167747700,
        "typical_volume": 191706315.0,
        "trend": 5.656126,
        "fair_value": 6.682886,
        "relative_strength": -14.753354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.681793,
        "energy": 44.559545,
        "activity_lines": [
          4.962482,
          4.932194,
          5.123239,
          5.363047
        ]
      },
      {
        "date": "2024-09-13",
        "close": 5.30442,
        "volume": 214270100,
        "typical_volume": 187324385.0,
        "trend": 5.623978,
        "fair_value": 6.678238,
        "relative_strength": -14.274947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.995796,
        "energy": 29.337562,
        "activity_lines": [
          5.114455,
          4.991974,
          5.115916,
          5.340356
        ]
      },
      {
        "date": "2024-09-20",
        "close": 5.611288,
        "volume": 75862600,
        "typical_volume": 185004190.0,
        "trend": 5.599254,
        "fair_value": 6.675317,
        "relative_strength": -10.801525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.492896,
        "energy": 24.180786,
        "activity_lines": [
          5.324878,
          5.10675,
          5.14201,
          5.339538
        ]
      },
      {
        "date": "2024-09-27",
        "close": 5.611288,
        "volume": 182727500,
        "typical_volume": 187293025.0,
        "trend": 5.575933,
        "fair_value": 6.673115,
        "relative_strength": -10.471963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 13.307038,
        "energy": 35.642355,
        "activity_lines": [
          5.46516,
          5.215947,
          5.171445,
          5.340314
        ]
      },
      {
        "date": "2024-10-04",
        "close": 5.523612,
        "volume": 166056700,
        "typical_volume": 184147465.0,
        "trend": 5.558103,
        "fair_value": 6.670112,
        "relative_strength": -11.242358,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 4.808886,
        "energy": 33.397471,
        "activity_lines": [
          5.520689,
          5.298841,
          5.195451,
          5.336939
        ]
      },
      {
        "date": "2024-10-11",
        "close": 5.30442,
        "volume": 126810100,
        "typical_volume": 187817665.0,
        "trend": 5.53437,
        "fair_value": 6.664984,
        "relative_strength": -15.919574,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 2.426108,
        "energy": 26.855194,
        "activity_lines": [
          5.465161,
          5.330723,
          5.20067,
          5.320572
        ]
      },
      {
        "date": "2024-10-18",
        "close": 5.435935,
        "volume": 171058100,
        "typical_volume": 191068065.0,
        "trend": 5.519227,
        "fair_value": 6.659738,
        "relative_strength": -14.646053,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 0.073408,
        "energy": 19.105939,
        "activity_lines": [
          5.45347,
          5.380938,
          5.221337,
          5.314221
        ]
      },
      {
        "date": "2024-10-25",
        "close": 5.041391,
        "volume": 140570800,
        "typical_volume": 185724220.0,
        "trend": 5.479714,
        "fair_value": 6.651483,
        "relative_strength": -19.045198,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -33.253098,
        "energy": 17.278224,
        "activity_lines": [
          5.301498,
          5.34507,
          5.206933,
          5.283393
        ]
      },
      {
        "date": "2024-11-01",
        "close": 5.085229,
        "volume": 56266100,
        "typical_volume": 169750885.0,
        "trend": 5.441662,
        "fair_value": 6.643269,
        "relative_strength": -18.000937,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -39.137198,
        "energy": 26.484102,
        "activity_lines": [
          5.202131,
          5.308406,
          5.199626,
          5.257942
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4.822201,
        "volume": 214926000,
        "typical_volume": 172607125.0,
        "trend": 5.390635,
        "fair_value": 6.632649,
        "relative_strength": -21.815608,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -57.21974,
        "energy": 40.068627,
        "activity_lines": [
          5.050159,
          5.218338,
          5.168105,
          5.217977
        ]
      },
      {
        "date": "2024-11-15",
        "close": 4.603009,
        "volume": 211189300,
        "typical_volume": 167418670.0,
        "trend": 5.332302,
        "fair_value": 6.620143,
        "relative_strength": -23.756094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.271981,
        "energy": 62.668731,
        "activity_lines": [
          4.871884,
          5.090809,
          5.117586,
          5.167163
        ]
      },
      {
        "date": "2024-11-22",
        "close": 4.866039,
        "volume": 120831200,
        "typical_volume": 168846215.0,
        "trend": 5.288346,
        "fair_value": 6.610284,
        "relative_strength": -19.131094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.311015,
        "energy": 66.787234,
        "activity_lines": [
          4.828046,
          5.023856,
          5.094832,
          5.137081
        ]
      },
      {
        "date": "2024-11-29",
        "close": 4.869796,
        "volume": 337602200,
        "typical_volume": 183642685.0,
        "trend": 5.24025,
        "fair_value": 6.601169,
        "relative_strength": -17.504346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.154535,
        "energy": 65.465672,
        "activity_lines": [
          4.823453,
          4.965557,
          5.074315,
          5.110078
        ]
      },
      {
        "date": "2024-12-06",
        "close": 4.914886,
        "volume": 54082600,
        "typical_volume": 177248730.0,
        "trend": 5.196578,
        "fair_value": 6.591143,
        "relative_strength": -17.652056,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.494862,
        "energy": 54.65834,
        "activity_lines": [
          4.84533,
          4.928938,
          5.060161,
          5.089087
        ]
      },
      {
        "date": "2024-12-13",
        "close": 4.599251,
        "volume": 120241800,
        "typical_volume": 175634620.0,
        "trend": 5.151154,
        "fair_value": 6.578854,
        "relative_strength": -21.305098,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.027822,
        "energy": 45.729285,
        "activity_lines": [
          4.773352,
          4.847592,
          5.016549,
          5.050549
        ]
      },
      {
        "date": "2024-12-20",
        "close": 4.418889,
        "volume": 213740200,
        "typical_volume": 178894410.0,
        "trend": 5.101178,
        "fair_value": 6.565408,
        "relative_strength": -20.151619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.109399,
        "energy": 60.867897,
        "activity_lines": [
          4.656116,
          4.75026,
          4.95724,
          5.003306
        ]
      },
      {
        "date": "2024-12-27",
        "close": 4.554161,
        "volume": 120935300,
        "typical_volume": 174033900.0,
        "trend": 5.05425,
        "fair_value": 6.552349,
        "relative_strength": -19.233358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.634045,
        "energy": 61.968537,
        "activity_lines": [
          4.596245,
          4.693623,
          4.913569,
          4.968015
        ]
      },
      {
        "date": "2025-01-03",
        "close": 4.50907,
        "volume": 52712600,
        "typical_volume": 166426915.0,
        "trend": 5.016049,
        "fair_value": 6.539722,
        "relative_strength": -18.489145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.307604,
        "energy": 68.901255,
        "activity_lines": [
          4.542137,
          4.644821,
          4.866044,
          4.932842
        ]
      },
      {
        "date": "2025-01-10",
        "close": 4.36478,
        "volume": 157277300,
        "typical_volume": 159235305.0,
        "trend": 4.986188,
        "fair_value": 6.524729,
        "relative_strength": -19.532961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.308716,
        "energy": 73.34254,
        "activity_lines": [
          4.463979,
          4.579462,
          4.805017,
          4.890825
        ]
      },
      {
        "date": "2025-01-17",
        "close": 4.346744,
        "volume": 217362700,
        "typical_volume": 156113545.0,
        "trend": 4.957188,
        "fair_value": 6.50866,
        "relative_strength": -17.677728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.988851,
        "energy": 67.539139,
        "activity_lines": [
          4.416484,
          4.523923,
          4.744241,
          4.84957
        ]
      },
      {
        "date": "2025-01-24",
        "close": 4.328708,
        "volume": 113036400,
        "typical_volume": 153377980.0,
        "trend": 4.929049,
        "fair_value": 6.488875,
        "relative_strength": -18.243232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.320459,
        "energy": 70.393952,
        "activity_lines": [
          4.37981,
          4.473749,
          4.684638,
          4.809023
        ]
      },
      {
        "date": "2025-01-31",
        "close": 4.148345,
        "volume": 168898800,
        "typical_volume": 151109415.0,
        "trend": 4.891974,
        "fair_value": 6.469133,
        "relative_strength": -18.693391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.409694,
        "energy": 76.719738,
        "activity_lines": [
          4.289028,
          4.39577,
          4.612503,
          4.758655
        ]
      },
      {
        "date": "2025-02-07",
        "close": 3.913873,
        "volume": 252719600,
        "typical_volume": 159952265.0,
        "trend": 4.845622,
        "fair_value": 6.447649,
        "relative_strength": -20.739762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.750123,
        "energy": 86.292804,
        "activity_lines": [
          4.147142,
          4.288208,
          4.523544,
          4.695552
        ]
      },
      {
        "date": "2025-02-14",
        "close": 3.895837,
        "volume": 107410400,
        "typical_volume": 156186410.0,
        "trend": 4.807437,
        "fair_value": 6.425569,
        "relative_strength": -19.901703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.637177,
        "energy": 90.380239,
        "activity_lines": [
          4.038925,
          4.194747,
          4.440949,
          4.634275
        ]
      },
      {
        "date": "2025-02-21",
        "close": 4.148345,
        "volume": 209323200,
        "typical_volume": 158349735.0,
        "trend": 4.782053,
        "fair_value": 6.406068,
        "relative_strength": -12.40288,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.795812,
        "energy": 81.664562,
        "activity_lines": [
          4.046139,
          4.165725,
          4.390571,
          4.591753
        ]
      },
      {
        "date": "2025-02-28",
        "close": 3.986018,
        "volume": 159288600,
        "typical_volume": 159973660.0,
        "trend": 4.748335,
        "fair_value": 6.386006,
        "relative_strength": -12.280744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.982793,
        "energy": 77.743694,
        "activity_lines": [
          4.012471,
          4.115388,
          4.331283,
          4.540396
        ]
      },
      {
        "date": "2025-03-07",
        "close": 4.004055,
        "volume": 169063100,
        "typical_volume": 159873910.0,
        "trend": 4.726909,
        "fair_value": 6.367261,
        "relative_strength": -11.290482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.294093,
        "energy": 58.909633,
        "activity_lines": [
          4.007662,
          4.0762,
          4.279991,
          4.492378
        ]
      },
      {
        "date": "2025-03-14",
        "close": 3.841728,
        "volume": 139753800,
        "typical_volume": 159833060.0,
        "trend": 4.702994,
        "fair_value": 6.346034,
        "relative_strength": -12.357633,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.84837,
        "energy": 61.966654,
        "activity_lines": [
          3.958363,
          4.0175,
          4.220057,
          4.43527
        ]
      },
      {
        "date": "2025-03-21",
        "close": 3.986018,
        "volume": 204947100,
        "typical_volume": 167267110.0,
        "trend": 4.676582,
        "fair_value": 6.326693,
        "relative_strength": -9.629079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.292361,
        "energy": 53.82973,
        "activity_lines": [
          3.96197,
          3.997168,
          4.179578,
          4.389013
        ]
      },
      {
        "date": "2025-03-28",
        "close": 3.913873,
        "volume": 127188600,
        "typical_volume": 162880240.0,
        "trend": 4.641921,
        "fair_value": 6.306409,
        "relative_strength": -9.867724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.061988,
        "energy": 53.471284,
        "activity_lines": [
          3.935517,
          3.970605,
          4.137462,
          4.339806
        ]
      },
      {
        "date": "2025-04-04",
        "close": 3.841728,
        "volume": 188727900,
        "typical_volume": 161757170.0,
        "trend": 4.593165,
        "fair_value": 6.285902,
        "relative_strength": -7.040651,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.956452,
        "energy": 54.781304,
        "activity_lines": [
          3.900646,
          3.938796,
          4.092801,
          4.288181
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3.805655,
        "volume": 114316200,
        "typical_volume": 161431420.0,
        "trend": 4.543206,
        "fair_value": 6.265165,
        "relative_strength": -7.625346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.138765,
        "energy": 52.974514,
        "activity_lines": [
          3.863371,
          3.909282,
          4.048329,
          4.237374
        ]
      },
      {
        "date": "2025-04-18",
        "close": 3.93191,
        "volume": 81578300,
        "typical_volume": 148630225.0,
        "trend": 4.487226,
        "fair_value": 6.245236,
        "relative_strength": -5.737156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.204311,
        "energy": 48.172683,
        "activity_lines": [
          3.881408,
          3.908954,
          4.020931,
          4.197935
        ]
      },
      {
        "date": "2025-04-25",
        "close": 3.93191,
        "volume": 143383800,
        "typical_volume": 153095285.0,
        "trend": 4.431247,
        "fair_value": 6.224588,
        "relative_strength": -5.814495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.756997,
        "energy": 42.771592,
        "activity_lines": [
          3.893432,
          3.908298,
          3.998,
          4.162109
        ]
      },
      {
        "date": "2025-05-02",
        "close": 3.922525,
        "volume": 328309000,
        "typical_volume": 163498645.0,
        "trend": 4.377878,
        "fair_value": 6.205592,
        "relative_strength": -8.519645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.100168,
        "energy": 33.821457,
        "activity_lines": [
          3.905936,
          3.90528,
          3.978855,
          4.129288
        ]
      },
      {
        "date": "2025-05-09",
        "close": 3.884989,
        "volume": 111429800,
        "typical_volume": 158383125.0,
        "trend": 4.330563,
        "fair_value": 6.187835,
        "relative_strength": -9.644054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.105944,
        "energy": 31.016935,
        "activity_lines": [
          3.90535,
          3.899543,
          3.959358,
          4.097488
        ]
      },
      {
        "date": "2025-05-16",
        "close": 3.866221,
        "volume": 89121700,
        "typical_volume": 156792445.0,
        "trend": 4.278239,
        "fair_value": 6.169219,
        "relative_strength": -8.404696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.824216,
        "energy": 30.840907,
        "activity_lines": [
          3.895624,
          3.892231,
          3.940616,
          4.067531
        ]
      },
      {
        "date": "2025-05-23",
        "close": 3.678541,
        "volume": 186102900,
        "typical_volume": 163461960.0,
        "trend": 4.232811,
        "fair_value": 6.149646,
        "relative_strength": -10.825133,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.972197,
        "energy": 46.291045,
        "activity_lines": [
          3.819301,
          3.853301,
          3.907275,
          4.028841
        ]
      },
      {
        "date": "2025-05-30",
        "close": 3.772381,
        "volume": 113475100,
        "typical_volume": 161271850.0,
        "trend": 4.18905,
        "fair_value": 6.129687,
        "relative_strength": -5.794318,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.437433,
        "energy": 49.755018,
        "activity_lines": [
          3.791149,
          3.8344,
          3.886827,
          3.999136
        ]
      },
      {
        "date": "2025-06-06",
        "close": 3.641005,
        "volume": 46587900,
        "typical_volume": 152733110.0,
        "trend": 4.149676,
        "fair_value": 6.110613,
        "relative_strength": -7.524554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.726057,
        "energy": 65.435594,
        "activity_lines": [
          3.72984,
          3.795497,
          3.856687,
          3.963778
        ]
      },
      {
        "date": "2025-06-13",
        "close": 3.359484,
        "volume": 148202900,
        "typical_volume": 154491435.0,
        "trend": 4.108225,
        "fair_value": 6.091461,
        "relative_strength": -13.132684,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.443158,
        "energy": 84.578683,
        "activity_lines": [
          3.593459,
          3.710369,
          3.803097,
          3.912798
        ]
      },
      {
        "date": "2025-06-20",
        "close": 3.077963,
        "volume": 196099100,
        "typical_volume": 155851450.0,
        "trend": 4.048623,
        "fair_value": 6.070504,
        "relative_strength": -15.784843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.257641,
        "energy": 96.64181,
        "activity_lines": [
          3.398271,
          3.582824,
          3.72731,
          3.846329
        ]
      },
      {
        "date": "2025-06-27",
        "close": 3.134267,
        "volume": 223953500,
        "typical_volume": 154413145.0,
        "trend": 3.990772,
        "fair_value": 6.049168,
        "relative_strength": -14.899491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.962867,
        "energy": 93.830294,
        "activity_lines": [
          3.274402,
          3.478746,
          3.661983,
          3.787338
        ]
      },
      {
        "date": "2025-07-04",
        "close": 3.359484,
        "volume": 99923100,
        "typical_volume": 154038780.0,
        "trend": 3.938925,
        "fair_value": 6.030015,
        "relative_strength": -11.33426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.686761,
        "energy": 87.118398,
        "activity_lines": [
          3.26189,
          3.43012,
          3.621817,
          3.74661
        ]
      },
      {
        "date": "2025-07-11",
        "close": 3.359484,
        "volume": 63848500,
        "typical_volume": 146765045.0,
        "trend": 3.8976,
        "fair_value": 6.011356,
        "relative_strength": -10.929335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.919644,
        "energy": 81.824222,
        "activity_lines": [
          3.276904,
          3.391901,
          3.584206,
          3.709227
        ]
      },
      {
        "date": "2025-07-18",
        "close": 3.565932,
        "volume": 153496700,
        "typical_volume": 146475450.0,
        "trend": 3.869168,
        "fair_value": 5.99328,
        "relative_strength": -11.711212,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.298554,
        "energy": 50.177259,
        "activity_lines": [
          3.379503,
          3.401456,
          3.570012,
          3.687829
        ]
      },
      {
        "date": "2025-07-25",
        "close": 3.547164,
        "volume": 133555900,
        "typical_volume": 144700090.0,
        "trend": 3.835601,
        "fair_value": 5.974098,
        "relative_strength": -12.515556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.637441,
        "energy": 29.550029,
        "activity_lines": [
          3.462082,
          3.413399,
          3.556032,
          3.667054
        ]
      },
      {
        "date": "2025-08-01",
        "close": 3.5847,
        "volume": 173370400,
        "typical_volume": 146380920.0,
        "trend": 3.804789,
        "fair_value": 5.954416,
        "relative_strength": -11.232843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.330592,
        "energy": 25.215843,
        "activity_lines": [
          3.525894,
          3.437968,
          3.547802,
          3.650867
        ]
      },
      {
        "date": "2025-08-08",
        "close": 3.697309,
        "volume": 161122100,
        "typical_volume": 144189670.0,
        "trend": 3.78254,
        "fair_value": 5.934717,
        "relative_strength": -11.073507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.41608,
        "energy": 23.507085,
        "activity_lines": [
          3.597212,
          3.484718,
          3.551521,
          3.643933
        ]
      },
      {
        "date": "2025-08-15",
        "close": 3.772381,
        "volume": 94837500,
        "typical_volume": 142572115.0,
        "trend": 3.763394,
        "fair_value": 5.914512,
        "relative_strength": -9.026291,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.276041,
        "energy": 19.808906,
        "activity_lines": [
          3.671033,
          3.546482,
          3.563764,
          3.643278
        ]
      },
      {
        "date": "2025-08-22",
        "close": 3.697309,
        "volume": 83345500,
        "typical_volume": 137302995.0,
        "trend": 3.742348,
        "fair_value": 5.894073,
        "relative_strength": -10.10481,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.02874,
        "energy": 19.434581,
        "activity_lines": [
          3.692304,
          3.592208,
          3.569532,
          3.639014
        ]
      },
      {
        "date": "2025-08-29",
        "close": 3.659773,
        "volume": 114149100,
        "typical_volume": 137294640.0,
        "trend": 3.726062,
        "fair_value": 5.873139,
        "relative_strength": -9.446272,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.768224,
        "energy": 18.109328,
        "activity_lines": [
          3.692304,
          3.624966,
          3.572412,
          3.633687
        ]
      },
      {
        "date": "2025-09-05",
        "close": 3.866221,
        "volume": 158971500,
        "typical_volume": 141164300.0,
        "trend": 3.724474,
        "fair_value": 5.852514,
        "relative_strength": -6.10632,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.228932,
        "energy": 29.228443,
        "activity_lines": [
          3.753613,
          3.684683,
          3.595648,
          3.642729
        ]
      },
      {
        "date": "2025-09-12",
        "close": 4.016366,
        "volume": 137171600,
        "typical_volume": 140853690.0,
        "trend": 3.728491,
        "fair_value": 5.832852,
        "relative_strength": -4.282878,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.268145,
        "energy": 52.817047,
        "activity_lines": [
          3.846202,
          3.75839,
          3.633497,
          3.661561
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4.147743,
        "volume": 200163400,
        "typical_volume": 134446410.0,
        "trend": 3.728471,
        "fair_value": 5.814793,
        "relative_strength": -0.696419,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 46.384361,
        "energy": 65.214392,
        "activity_lines": [
          3.961313,
          3.844041,
          3.683456,
          3.688609
        ]
      },
      {
        "date": "2025-09-26",
        "close": 3.997598,
        "volume": 125979200,
        "typical_volume": 135173880.0,
        "trend": 3.728857,
        "fair_value": 5.795264,
        "relative_strength": -2.814858,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.829094,
        "energy": 65.372124,
        "activity_lines": [
          4.001352,
          3.888061,
          3.718043,
          3.705973
        ]
      },
      {
        "date": "2025-10-03",
        "close": 4.035134,
        "volume": 105391500,
        "typical_volume": 135987370.0,
        "trend": 3.729893,
        "fair_value": 5.776736,
        "relative_strength": -2.619363,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.686585,
        "energy": 68.125985,
        "activity_lines": [
          4.033883,
          3.931057,
          3.755669,
          3.725732
        ]
      },
      {
        "date": "2025-10-10",
        "close": 4.016366,
        "volume": 87249600,
        "typical_volume": 131044705.0,
        "trend": 3.735714,
        "fair_value": 5.758342,
        "relative_strength": -2.287016,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 63.589005,
        "energy": 72.365867,
        "activity_lines": [
          4.035134,
          3.961768,
          3.790702,
          3.744214
        ]
      },
      {
        "date": "2025-10-17",
        "close": 3.698085,
        "volume": 216397400,
        "typical_volume": 136190820.0,
        "trend": 3.726117,
        "fair_value": 5.736893,
        "relative_strength": -8.74658,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.879526,
        "energy": 29.826446,
        "activity_lines": [
          3.920282,
          3.926762,
          3.793815,
          3.741787
        ]
      },
      {
        "date": "2025-10-24",
        "close": 3.814255,
        "volume": 102066400,
        "typical_volume": 138964745.0,
        "trend": 3.722796,
        "fair_value": 5.714413,
        "relative_strength": -8.394904,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.600363,
        "energy": 21.559517,
        "activity_lines": [
          3.865372,
          3.912863,
          3.808345,
          3.747473
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3.775532,
        "volume": 84954800,
        "typical_volume": 135802340.0,
        "trend": 3.72059,
        "fair_value": 5.691938,
        "relative_strength": -8.692655,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.149676,
        "energy": 23.460198,
        "activity_lines": [
          3.819787,
          3.891162,
          3.818362,
          3.750875
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3.659362,
        "volume": 64693500,
        "typical_volume": 129232060.0,
        "trend": 3.715713,
        "fair_value": 5.667197,
        "relative_strength": -10.791706,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.966632,
        "energy": 21.769852,
        "activity_lines": [
          3.750283,
          3.846918,
          3.815335,
          3.746925
        ]
      },
      {
        "date": "2025-11-14",
        "close": 3.504468,
        "volume": 78079300,
        "typical_volume": 121938350.0,
        "trend": 3.701465,
        "fair_value": 5.642478,
        "relative_strength": -12.072019,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.786095,
        "energy": 31.841865,
        "activity_lines": [
          3.654199,
          3.774518,
          3.794786,
          3.733296
        ]
      },
      {
        "date": "2025-11-21",
        "close": 3.465745,
        "volume": 99797700,
        "typical_volume": 121932080.0,
        "trend": 3.685926,
        "fair_value": 5.617256,
        "relative_strength": -11.688104,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -34.906366,
        "energy": 42.173573,
        "activity_lines": [
          3.579333,
          3.701655,
          3.768788,
          3.718089
        ]
      },
      {
        "date": "2025-11-28",
        "close": 3.388298,
        "volume": 206040700,
        "typical_volume": 129041690.0,
        "trend": 3.668119,
        "fair_value": 5.591031,
        "relative_strength": -13.438384,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.659392,
        "energy": 58.851513,
        "activity_lines": [
          3.494142,
          3.624722,
          3.734907,
          3.698887
        ]
      },
      {
        "date": "2025-12-05",
        "close": 3.388298,
        "volume": 190560000,
        "typical_volume": 130894855.0,
        "trend": 3.651562,
        "fair_value": 5.564298,
        "relative_strength": -14.215136,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.789789,
        "energy": 64.060752,
        "activity_lines": [
          3.437348,
          3.561598,
          3.700889,
          3.680834
        ]
      },
      {
        "date": "2025-12-12",
        "close": 3.543192,
        "volume": 109507700,
        "typical_volume": 129692445.0,
        "trend": 3.640795,
        "fair_value": 5.537797,
        "relative_strength": -8.667191,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.194801,
        "energy": 52.965229,
        "activity_lines": [
          3.458,
          3.537714,
          3.682468,
          3.673842
        ]
      },
      {
        "date": "2025-12-19",
        "close": 3.601277,
        "volume": 238928200,
        "typical_volume": 132970335.0,
        "trend": 3.638219,
        "fair_value": 5.510908,
        "relative_strength": -6.81914,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.490264,
        "energy": 32.018904,
        "activity_lines": [
          3.505759,
          3.533335,
          3.669599,
          3.671293
        ]
      },
      {
        "date": "2025-12-26",
        "close": 3.64,
        "volume": 139497900,
        "typical_volume": 131889125.0,
        "trend": 3.633806,
        "fair_value": 5.484013,
        "relative_strength": -6.135303,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.294245,
        "energy": 15.866999,
        "activity_lines": [
          3.559972,
          3.543544,
          3.660338,
          3.671408
        ]
      },
      {
        "date": "2026-01-02",
        "close": 3.659362,
        "volume": 53086400,
        "typical_volume": 129801570.0,
        "trend": 3.634418,
        "fair_value": 5.457496,
        "relative_strength": -5.460147,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -7.416192,
        "energy": 12.31806,
        "activity_lines": [
          3.609022,
          3.558329,
          3.653195,
          3.673056
        ]
      },
      {
        "date": "2026-01-09",
        "close": 3.736809,
        "volume": 141381700,
        "typical_volume": 132703380.0,
        "trend": 3.646996,
        "fair_value": 5.431729,
        "relative_strength": -2.901548,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.399388,
        "energy": 15.00039,
        "activity_lines": [
          3.665816,
          3.590012,
          3.653965,
          3.679662
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3.75617,
        "volume": 106770600,
        "typical_volume": 132334455.0,
        "trend": 3.669603,
        "fair_value": 5.406847,
        "relative_strength": -3.864948,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.528501,
        "energy": 19.16178,
        "activity_lines": [
          3.70583,
          3.625919,
          3.656392,
          3.686706
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3.833617,
        "volume": 191836700,
        "typical_volume": 133977715.0,
        "trend": 3.692914,
        "fair_value": 5.381193,
        "relative_strength": -4.610608,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 30.555845,
        "energy": 26.791207,
        "activity_lines": [
          3.757461,
          3.674147,
          3.665735,
          3.697287
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3.775532,
        "volume": 148318300,
        "typical_volume": 134535050.0,
        "trend": 3.706783,
        "fair_value": 5.354914,
        "relative_strength": -6.671125,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.957928,
        "energy": 22.319932,
        "activity_lines": [
          3.774241,
          3.70583,
          3.669701,
          3.702617
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3.814255,
        "volume": 156872500,
        "typical_volume": 132370505.0,
        "trend": 3.721942,
        "fair_value": 5.329136,
        "relative_strength": -7.553522,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.870138,
        "energy": 30.323513,
        "activity_lines": [
          3.794894,
          3.738921,
          3.678502,
          3.709551
        ]
      },
      {
        "date": "2026-02-13",
        "close": 4.240213,
        "volume": 377488700,
        "typical_volume": 144945980.0,
        "trend": 3.744418,
        "fair_value": 5.306849,
        "relative_strength": -2.658317,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 50.208538,
        "energy": 60.214643,
        "activity_lines": [
          3.947206,
          3.841714,
          3.729459,
          3.742988
        ]
      },
      {
        "date": "2026-02-20",
        "close": 4.259574,
        "volume": 231508500,
        "typical_volume": 151251830.0,
        "trend": 3.768165,
        "fair_value": 5.284941,
        "relative_strength": -5.202364,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 82.880859,
        "energy": 79.040204,
        "activity_lines": [
          4.072411,
          3.932538,
          3.781104,
          3.776224
        ]
      },
      {
        "date": "2026-02-27",
        "close": 4.220851,
        "volume": 216136000,
        "typical_volume": 157696150.0,
        "trend": 3.78937,
        "fair_value": 5.263545,
        "relative_strength": -8.730682,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.213805,
        "energy": 80.28155,
        "activity_lines": [
          4.151149,
          4.003296,
          3.827993,
          3.805429
        ]
      },
      {
        "date": "2026-03-06",
        "close": 3.620638,
        "volume": 377994100,
        "typical_volume": 165775985.0,
        "trend": 3.786814,
        "fair_value": 5.238048,
        "relative_strength": -14.751331,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.950827,
        "energy": 46.402192,
        "activity_lines": [
          4.004,
          3.953659,
          3.816745,
          3.794544
        ]
      },
      {
        "date": "2026-03-13",
        "close": 3.659362,
        "volume": 174462400,
        "typical_volume": 169395785.0,
        "trend": 3.783047,
        "fair_value": 5.212799,
        "relative_strength": -13.403083,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.557689,
        "energy": 16.971321,
        "activity_lines": [
          3.880085,
          3.911416,
          3.809553,
          3.786321
        ]
      },
      {
        "date": "2026-03-20",
        "close": 3.678723,
        "volume": 175916900,
        "typical_volume": 173943890.0,
        "trend": 3.782427,
        "fair_value": 5.187675,
        "relative_strength": -13.943924,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.859351,
        "energy": 16.404987,
        "activity_lines": [
          3.77295,
          3.872692,
          3.804943,
          3.77959
        ]
      },
      {
        "date": "2026-03-27",
        "close": 3.581915,
        "volume": 119594500,
        "typical_volume": 176688940.0,
        "trend": 3.779832,
        "fair_value": 5.160661,
        "relative_strength": -16.563155,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.725396,
        "energy": 30.207555,
        "activity_lines": [
          3.670979,
          3.817424,
          3.791574,
          3.766654
        ]
      },
      {
        "date": "2026-04-03",
        "close": 3.620638,
        "volume": 128158200,
        "typical_volume": 179192885.0,
        "trend": 3.771646,
        "fair_value": 5.134149,
        "relative_strength": -15.558446,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.999085,
        "energy": 30.188732,
        "activity_lines": [
          3.627092,
          3.772364,
          3.782262,
          3.756383
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3.678723,
        "volume": 77174700,
        "typical_volume": 178061735.0,
        "trend": 3.760391,
        "fair_value": 5.107756,
        "relative_strength": -16.706948,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.671293,
        "energy": 29.378562,
        "activity_lines": [
          3.642581,
          3.741737,
          3.777929,
          3.750388
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3.64,
        "volume": 49721200,
        "typical_volume": 170245760.0,
        "trend": 3.743466,
        "fair_value": 5.081369,
        "relative_strength": -15.696293,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.480826,
        "energy": 29.67278,
        "activity_lines": [
          3.641291,
          3.70583,
          3.768894,
          3.742621
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3.659362,
        "volume": 88816900,
        "typical_volume": 165158605.0,
        "trend": 3.732192,
        "fair_value": 5.055105,
        "relative_strength": -13.21024,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.964303,
        "energy": 16.559456,
        "activity_lines": [
          3.647745,
          3.676611,
          3.760503,
          3.737195
        ]
      },
      {
        "date": "2026-05-01",
        "close": 3.6,
        "volume": 100045500,
        "typical_volume": 164685495.0,
        "trend": 3.717687,
        "fair_value": 5.029476,
        "relative_strength": -16.28794,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.619995,
        "energy": 16.463759,
        "activity_lines": [
          3.635702,
          3.64716,
          3.745169,
          3.728667
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3.62,
        "volume": 93886400,
        "typical_volume": 157433405.0,
        "trend": 3.704475,
        "fair_value": 5.006081,
        "relative_strength": -15.749432,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.966838,
        "energy": 15.584788,
        "activity_lines": [
          3.629121,
          3.633338,
          3.731469,
          3.722364
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3.64,
        "volume": 74515000,
        "typical_volume": 154184260.0,
        "trend": 3.702539,
        "fair_value": 4.984131,
        "relative_strength": -15.79333,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.774625,
        "energy": 14.447241,
        "activity_lines": [
          3.629248,
          3.634077,
          3.719585,
          3.718205
        ]
      },
      {
        "date": "2026-05-22",
        "close": 3.64,
        "volume": 124471800,
        "typical_volume": 157753530.0,
        "trend": 3.696731,
        "fair_value": 4.961918,
        "relative_strength": -16.497943,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.171637,
        "energy": 16.681802,
        "activity_lines": [
          3.631957,
          3.634464,
          3.7077,
          3.71417
        ]
      },
      {
        "date": "2026-05-29",
        "close": 3.6,
        "volume": 104784000,
        "typical_volume": 155923645.0,
        "trend": 3.690879,
        "fair_value": 4.940764,
        "relative_strength": -18.432797,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.485644,
        "energy": 16.927631,
        "activity_lines": [
          3.621333,
          3.62793,
          3.692098,
          3.707929
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3.64,
        "volume": 29330000,
        "typical_volume": 152051615.0,
        "trend": 3.690234,
        "fair_value": 4.918814,
        "relative_strength": -17.760068,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.101335,
        "energy": 20.570908,
        "activity_lines": [
          3.628,
          3.630101,
          3.680957,
          3.704647
        ]
      },
      {
        "date": "2026-06-12",
        "close": 3.64,
        "volume": 13657900,
        "typical_volume": 143142675.0,
        "trend": 3.694752,
        "fair_value": 4.897127,
        "relative_strength": -17.867716,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.466098,
        "energy": 17.027008,
        "activity_lines": [
          3.632,
          3.631215,
          3.67037,
          3.701406
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3.68,
        "volume": 52098900,
        "typical_volume": 138331705.0,
        "trend": 3.701894,
        "fair_value": 4.876486,
        "relative_strength": -15.597285,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.800064,
        "energy": 21.780766,
        "activity_lines": [
          3.648,
          3.63925,
          3.664514,
          3.700454
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3.74,
        "volume": 57199500,
        "typical_volume": 133348055.0,
        "trend": 3.713617,
        "fair_value": 4.855967,
        "relative_strength": -12.257306,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -20.152336,
        "energy": 13.846303,
        "activity_lines": [
          3.681333,
          3.65817,
          3.664827,
          3.702912
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3.82,
        "volume": 24681700,
        "typical_volume": 115707705.0,
        "trend": 3.728007,
        "fair_value": 4.836223,
        "relative_strength": -13.837838,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.481438,
        "energy": 23.764665,
        "activity_lines": [
          3.734667,
          3.689818,
          3.673112,
          3.709776
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3.78,
        "volume": 123348800,
        "typical_volume": 110299720.0,
        "trend": 3.735901,
        "fair_value": 4.815697,
        "relative_strength": -14.884207,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.213656,
        "energy": 32.366405,
        "activity_lines": [
          3.76,
          3.711273,
          3.67959,
          3.71313
        ]
      },
      {
        "date": "2026-07-17",
        "close": 3.8,
        "volume": 201224300,
        "typical_volume": 109554135.0,
        "trend": 3.742525,
        "fair_value": 4.795036,
        "relative_strength": -14.966598,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.614897,
        "energy": 41.402781,
        "activity_lines": [
          3.782667,
          3.733091,
          3.690255,
          3.717266
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.74,
        "volume": 92469800,
        "typical_volume": 95277920.0,
        "trend": 3.745858,
        "fair_value": 4.774253,
        "relative_strength": -16.168683,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.602269,
        "energy": 36.395944,
        "activity_lines": [
          3.774667,
          3.740727,
          3.697211,
          3.717103
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3.82,
        "volume": 73892700,
        "typical_volume": 90249435.0,
        "trend": 3.751213,
        "fair_value": 4.75451,
        "relative_strength": -13.044052,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.129507,
        "energy": 31.540303,
        "activity_lines": [
          3.789333,
          3.761091,
          3.711217,
          3.721886
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3.78,
        "volume": 120567900,
        "typical_volume": 87481985.0,
        "trend": 3.752652,
        "fair_value": 4.734247,
        "relative_strength": -13.003657,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.417857,
        "energy": 19.870268,
        "activity_lines": [
          3.785333,
          3.770909,
          3.720648,
          3.723743
        ]
      }
    ],
    "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."
    }
  }
}