{
  "ticker": {
    "uuid": "7c388a64-b2f3-4e69-acdc-9fb3c25835aa",
    "symbol": "URAA",
    "name": "DIREXION DAILY URANIUM INDUSTRY BULL 2X ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "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": "SPY",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -64.146,
    "architecture_energy": 60.005,
    "architecture_maturity": 37.397,
    "architecture_confidence": 96,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 9.7,
        "rotation_up": 20.13,
        "upward_expansion": 11.16,
        "deceleration": 44.88,
        "rotation_down": 63.03,
        "downward_expansion": 86.83
      },
      "activity_lines": [
        22.617333,
        23.641039,
        27.871069,
        30.889693
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 25.82,
    "trend_reference": 35.336948,
    "distance_from_trend": -0.26932,
    "trend_direction": "Weakening",
    "fair_value": 26.510635,
    "distance_from_fair_value": -0.026051,
    "fair_value_direction": "Weakening",
    "relative_strength": -35.124975,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.401086,
    "excess_performance": -0.52671,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.26932,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.078339,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.026051,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.573776,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.35125,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.418698,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.401086,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.407588,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 434668,
      "relative_activity": 1.17834,
      "balance": 0.407588,
      "dry_up": 0.856656,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.206864,
      "annualized_volatility": 0.810519,
      "from_high_reference": -0.586082,
      "from_low_reference": 0.366861
    },
    "levels": {
      "trend_reference": 35.336948,
      "fair_value_reference": 26.510635,
      "structural_low": 18.89,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.338876,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.334256,
        "regime_survival": 1.0,
        "best_return": -0.338876,
        "worst_return": -0.338876,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.322484,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-23",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.281773,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-06-12",
        "tenure": "Established",
        "return": -0.132463,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.147342,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-06-28",
        "close": 21.907665,
        "volume": 2828,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 22.864778,
        "volume": 13867,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 25.05523,
        "volume": 6742,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 20.320356,
        "volume": 10075,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 19.229464,
        "volume": 10423,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 15.071293,
        "volume": 13163,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 15.057722,
        "volume": 10243,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 15.724252,
        "volume": 5795,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 17.554079,
        "volume": 38694,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 16.276002,
        "volume": 41083,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 12.932059,
        "volume": 20744,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 15.365116,
        "volume": 80470,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 17.440262,
        "volume": 52904,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 20.078522,
        "volume": 261015,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 21.542305,
        "volume": 121521,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 21.057247,
        "volume": 97173,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 26.000939,
        "volume": 147323,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 22.808884,
        "volume": 124463,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 20.841246,
        "volume": 64444,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 21.424334,
        "volume": 87764,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 20.385702,
        "volume": 127643,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 23.888011,
        "volume": 114526,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 22.720077,
        "volume": 99985,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 22.140941,
        "volume": 78355,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 18.87973,
        "volume": 75565,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 16.884733,
        "volume": 115014,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 16.983177,
        "volume": 23244,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 19.083649,
        "volume": 76841,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 16.777632,
        "volume": 101499,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 17.695318,
        "volume": 37617,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 20.572573,
        "volume": 216965,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 17.358676,
        "volume": 255147,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 17.887153,
        "volume": 90795,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 16.387244,
        "volume": 57835,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 14.299119,
        "volume": 91883,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 12.819273,
        "volume": 439662,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 11.935542,
        "volume": 163946,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 11.875077,
        "volume": 123335,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 13.017191,
        "volume": 185155,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 11.093006,
        "volume": 144367,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 9.030257,
        "volume": 263736,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 10.359584,
        "volume": 171919,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 10.709977,
        "volume": 40965,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 11.991448,
        "volume": 142017,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 13.265769,
        "volume": 180598,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 14.604264,
        "volume": 129747,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 14.925136,
        "volume": 171253,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 18.968124,
        "volume": 333693,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 18.781468,
        "volume": 447823,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 20.34329,
        "volume": 226868,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 22.809421,
        "volume": 463094,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 23.964561,
        "volume": 358077,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 25.457168,
        "volume": 239881,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 25.23668,
        "volume": 144484,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 24.391477,
        "volume": 297253,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-18",
        "close": 28.654243,
        "volume": 260098,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-25",
        "close": 29.839366,
        "volume": 298706,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-01",
        "close": 24.832452,
        "volume": 315500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-08",
        "close": 27.340503,
        "volume": 286113,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-15",
        "close": 26.302372,
        "volume": 227149,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-22",
        "close": 26.52286,
        "volume": 210850,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-29",
        "close": 28.66343,
        "volume": 244560,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-05",
        "close": 28.84717,
        "volume": 148287,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-12",
        "close": 30.170098,
        "volume": 245721,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-19",
        "close": 39.347907,
        "volume": 462240,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-26",
        "close": 38.87839,
        "volume": 515077,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-03",
        "close": 40.376541,
        "volume": 298506,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-10",
        "close": 43.501518,
        "volume": 620562,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-17",
        "close": 44.944522,
        "volume": 2487909,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-24",
        "close": 42.040131,
        "volume": 918829,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-31",
        "close": 47.49965,
        "volume": 1054099,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-07",
        "close": 35.845324,
        "volume": 542441,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-14",
        "close": 31.838001,
        "volume": 490202,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-21",
        "close": 27.573326,
        "volume": 506403,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-28",
        "close": 32.306747,
        "volume": 275435,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-12-05",
        "close": 35.661502,
        "volume": 592514,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-12-12",
        "close": 32.867154,
        "volume": 446875,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-12-19",
        "close": 32.671283,
        "volume": 453574,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-12-26",
        "close": 32.446035,
        "volume": 235517,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2026-01-02",
        "close": 36.125378,
        "volume": 577973,
        "typical_volume": 566378.7,
        "trend": 32.23184,
        "fair_value": 23.014626,
        "relative_strength": 34.408247,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 23.003214,
        "energy": 10.798901,
        "activity_lines": [
          33.988046,
          33.549251,
          35.572306,
          34.430144
        ]
      },
      {
        "date": "2026-01-09",
        "close": 41.401896,
        "volume": 686311,
        "typical_volume": 590151.75,
        "trend": 32.85159,
        "fair_value": 23.24163,
        "relative_strength": 49.400185,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 42.441831,
        "energy": 21.046305,
        "activity_lines": [
          36.470588,
          34.807152,
          36.14331,
          35.02176
        ]
      },
      {
        "date": "2026-01-16",
        "close": 47.775219,
        "volume": 754031,
        "typical_volume": 615625.3,
        "trend": 33.645278,
        "fair_value": 23.54082,
        "relative_strength": 69.800262,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 67.103761,
        "energy": 51.942495,
        "activity_lines": [
          40.694878,
          37.334707,
          37.250446,
          35.984575
        ]
      },
      {
        "date": "2026-01-23",
        "close": 51.935171,
        "volume": 768447,
        "typical_volume": 646633.3,
        "trend": 34.527878,
        "fair_value": 23.88292,
        "relative_strength": 81.704122,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.704753,
        "energy": 73.807522,
        "activity_lines": [
          45.311947,
          40.40171,
          38.662758,
          37.164568
        ]
      },
      {
        "date": "2026-01-30",
        "close": 48.229751,
        "volume": 1674048,
        "typical_volume": 718049.65,
        "trend": 35.294314,
        "fair_value": 24.172764,
        "relative_strength": 64.972201,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.360251,
        "energy": 72.8564,
        "activity_lines": [
          47.409618,
          42.429597,
          39.612231,
          38.04856
        ]
      },
      {
        "date": "2026-02-06",
        "close": 43.11133,
        "volume": 1129039,
        "typical_volume": 751389.6,
        "trend": 35.918309,
        "fair_value": 24.39557,
        "relative_strength": 45.611723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.411746,
        "energy": 69.819205,
        "activity_lines": [
          46.7489,
          43.151291,
          39.988236,
          38.552884
        ]
      },
      {
        "date": "2026-02-13",
        "close": 42.360365,
        "volume": 642091,
        "typical_volume": 757740.3,
        "trend": 36.37518,
        "fair_value": 24.604463,
        "relative_strength": 42.700027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.030869,
        "energy": 52.957639,
        "activity_lines": [
          45.372131,
          43.539999,
          40.2748,
          38.9685
        ]
      },
      {
        "date": "2026-02-20",
        "close": 46.441268,
        "volume": 352879,
        "typical_volume": 760458.95,
        "trend": 36.928576,
        "fair_value": 24.855461,
        "relative_strength": 51.805025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.412545,
        "energy": 35.652176,
        "activity_lines": [
          45.291764,
          44.548892,
          40.933441,
          39.617925
        ]
      },
      {
        "date": "2026-02-27",
        "close": 46.293051,
        "volume": 453908,
        "typical_volume": 752126.25,
        "trend": 37.64393,
        "fair_value": 25.09907,
        "relative_strength": 49.128627,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.608244,
        "energy": 26.86594,
        "activity_lines": [
          45.250922,
          45.284034,
          41.549086,
          40.222085
        ]
      },
      {
        "date": "2026-03-06",
        "close": 37.409924,
        "volume": 564097,
        "typical_volume": 655935.65,
        "trend": 37.979577,
        "fair_value": 25.237394,
        "relative_strength": 21.166546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 27.002889,
        "energy": 13.887608,
        "activity_lines": [
          42.625179,
          44.156394,
          41.305425,
          40.206988
        ]
      },
      {
        "date": "2026-03-13",
        "close": 37.301231,
        "volume": 440178,
        "typical_volume": 632003.1,
        "trend": 38.346206,
        "fair_value": 25.371437,
        "relative_strength": 20.884455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 19.998835,
        "energy": 12.880641,
        "activity_lines": [
          40.684527,
          42.918738,
          41.087293,
          40.163224
        ]
      },
      {
        "date": "2026-03-20",
        "close": 32.083999,
        "volume": 353669,
        "typical_volume": 596981.6,
        "trend": 38.531577,
        "fair_value": 25.445201,
        "relative_strength": 4.756408,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.206281,
        "energy": 18.145908,
        "activity_lines": [
          37.392137,
          40.711116,
          40.394847,
          39.75921
        ]
      },
      {
        "date": "2026-03-27",
        "close": 33.07,
        "volume": 232116,
        "typical_volume": 581465.35,
        "trend": 38.678463,
        "fair_value": 25.528079,
        "relative_strength": 9.022497,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.401299,
        "energy": 26.363786,
        "activity_lines": [
          35.113506,
          38.852183,
          39.869714,
          39.40685
        ]
      },
      {
        "date": "2026-04-03",
        "close": 35.48,
        "volume": 305010,
        "typical_volume": 572205.75,
        "trend": 38.899557,
        "fair_value": 25.635089,
        "relative_strength": 11.475946,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.575706,
        "energy": 27.55971,
        "activity_lines": [
          34.529626,
          37.6988,
          39.58732,
          39.200498
        ]
      },
      {
        "date": "2026-04-10",
        "close": 37.88,
        "volume": 343162,
        "typical_volume": 564043.7,
        "trend": 39.156554,
        "fair_value": 25.765354,
        "relative_strength": 13.256193,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.311231,
        "energy": 29.446298,
        "activity_lines": [
          35.466615,
          37.280965,
          39.516155,
          39.13472
        ]
      },
      {
        "date": "2026-04-17",
        "close": 44.23,
        "volume": 515330,
        "typical_volume": 576038.45,
        "trend": 39.31929,
        "fair_value": 25.959719,
        "relative_strength": 24.500172,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.665057,
        "energy": 8.333921,
        "activity_lines": [
          38.488933,
          38.205853,
          40.000673,
          39.462039
        ]
      },
      {
        "date": "2026-04-24",
        "close": 42.630259,
        "volume": 363922,
        "typical_volume": 564608.85,
        "trend": 39.444353,
        "fair_value": 26.133371,
        "relative_strength": 17.654117,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 16.425172,
        "energy": 12.436887,
        "activity_lines": [
          40.516086,
          38.819539,
          40.276057,
          39.67565
        ]
      },
      {
        "date": "2026-05-01",
        "close": 42.640249,
        "volume": 358322,
        "typical_volume": 560181.2,
        "trend": 39.519809,
        "fair_value": 26.303545,
        "relative_strength": 15.038734,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 19.425802,
        "energy": 18.686584,
        "activity_lines": [
          41.843485,
          39.430135,
          40.519208,
          39.881837
        ]
      },
      {
        "date": "2026-05-08",
        "close": 40.941833,
        "volume": 382341,
        "typical_volume": 556619.55,
        "trend": 39.434487,
        "fair_value": 26.452915,
        "relative_strength": 6.744794,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.255032,
        "energy": 25.528728,
        "activity_lines": [
          41.966729,
          39.801037,
          40.554066,
          39.97358
        ]
      },
      {
        "date": "2026-05-15",
        "close": 33.778511,
        "volume": 634019,
        "typical_volume": 576544.65,
        "trend": 39.062286,
        "fair_value": 26.526911,
        "relative_strength": -12.770931,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.231879,
        "energy": 3.636844,
        "activity_lines": [
          39.338077,
          38.966812,
          39.86732,
          39.608679
        ]
      },
      {
        "date": "2026-05-22",
        "close": 32.89933,
        "volume": 469134,
        "typical_volume": 571102.7,
        "trend": 38.757593,
        "fair_value": 26.590635,
        "relative_strength": -16.116993,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.942652,
        "energy": 23.756235,
        "activity_lines": [
          36.689797,
          38.038761,
          39.090497,
          39.211069
        ]
      },
      {
        "date": "2026-05-29",
        "close": 34.987384,
        "volume": 463506,
        "typical_volume": 559962.45,
        "trend": 38.340517,
        "fair_value": 26.673771,
        "relative_strength": -12.519766,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.242127,
        "energy": 29.794832,
        "activity_lines": [
          35.492913,
          37.570391,
          38.527898,
          38.967829
        ]
      },
      {
        "date": "2026-06-05",
        "close": 28.153754,
        "volume": 708995,
        "typical_volume": 557710.65,
        "trend": 38.084132,
        "fair_value": 26.688281,
        "relative_strength": -27.89981,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -42.454324,
        "energy": 54.297048,
        "activity_lines": [
          32.527677,
          35.806754,
          37.345023,
          38.310619
        ]
      },
      {
        "date": "2026-06-12",
        "close": 27.834052,
        "volume": 408052,
        "typical_volume": 539690.9,
        "trend": 37.950667,
        "fair_value": 26.699405,
        "relative_strength": -29.093314,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -69.517495,
        "energy": 69.987533,
        "activity_lines": [
          30.42164,
          34.074376,
          36.225135,
          37.649323
        ]
      },
      {
        "date": "2026-06-19",
        "close": 30.28177,
        "volume": 270265,
        "typical_volume": 469501.75,
        "trend": 38.040948,
        "fair_value": 26.733851,
        "relative_strength": -23.562057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.938301,
        "energy": 65.898337,
        "activity_lines": [
          30.005361,
          32.926055,
          35.453131,
          37.154556
        ]
      },
      {
        "date": "2026-06-26",
        "close": 25.47,
        "volume": 223298,
        "typical_volume": 424214.7,
        "trend": 37.813057,
        "fair_value": 26.721814,
        "relative_strength": -33.977027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.447438,
        "energy": 73.089529,
        "activity_lines": [
          28.218275,
          31.041016,
          34.30833,
          36.343527
        ]
      },
      {
        "date": "2026-07-03",
        "close": 24.79,
        "volume": 142613,
        "typical_volume": 399240.8,
        "trend": 37.450673,
        "fair_value": 26.703589,
        "relative_strength": -36.929783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.796279,
        "energy": 72.775951,
        "activity_lines": [
          26.699811,
          29.373432,
          33.182772,
          35.50333
        ]
      },
      {
        "date": "2026-07-10",
        "close": 24.61,
        "volume": 293529,
        "typical_volume": 396273.3,
        "trend": 37.175435,
        "fair_value": 26.684023,
        "relative_strength": -38.074432,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.311419,
        "energy": 69.205356,
        "activity_lines": [
          25.801173,
          27.997488,
          32.123741,
          34.674899
        ]
      },
      {
        "date": "2026-07-17",
        "close": 20.02,
        "volume": 328716,
        "typical_volume": 390013.7,
        "trend": 36.753725,
        "fair_value": 26.622319,
        "relative_strength": -48.47193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.543531,
        "energy": 81.54013,
        "activity_lines": [
          23.608785,
          26.114822,
          30.731525,
          33.568097
        ]
      },
      {
        "date": "2026-07-24",
        "close": 21.09,
        "volume": 243894,
        "typical_volume": 374003.55,
        "trend": 36.375191,
        "fair_value": 26.571564,
        "relative_strength": -45.017095,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.145993,
        "energy": 80.207123,
        "activity_lines": [
          22.294,
          24.807099,
          29.566324,
          32.557534
        ]
      },
      {
        "date": "2026-07-31",
        "close": 20.56,
        "volume": 256741,
        "typical_volume": 364831.7,
        "trend": 35.856345,
        "fair_value": 26.516913,
        "relative_strength": -46.726209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.134748,
        "energy": 79.034453,
        "activity_lines": [
          21.415333,
          23.633711,
          28.42836,
          31.537199
        ]
      },
      {
        "date": "2026-08-07",
        "close": 25.82,
        "volume": 434668,
        "typical_volume": 368881.65,
        "trend": 35.336948,
        "fair_value": 26.510635,
        "relative_strength": -35.124975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.145518,
        "energy": 60.00534,
        "activity_lines": [
          22.617333,
          23.641039,
          27.871069,
          30.889693
        ]
      }
    ],
    "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."
    }
  }
}