{
  "ticker": {
    "uuid": "842984b9-b135-474c-b29d-f8638e611470",
    "symbol": "ACUVI",
    "name": "Acuvi AB",
    "exchange": "STO",
    "country": "SE",
    "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": "^OMX",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -54.925,
    "architecture_energy": 26.419,
    "architecture_maturity": 26.444,
    "architecture_confidence": 89.647,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 32.87,
        "rotation_up": 24.31,
        "upward_expansion": 8.77,
        "deceleration": 47.0,
        "rotation_down": 45.38,
        "downward_expansion": 70.77
      },
      "activity_lines": [
        11.705333,
        11.788727,
        12.016571,
        12.135914
      ],
      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 11.3,
    "trend_reference": 12.484667,
    "distance_from_trend": -0.09489,
    "trend_direction": "Weakening",
    "fair_value": 14.471119,
    "distance_from_fair_value": -0.219134,
    "fair_value_direction": "Weakening",
    "relative_strength": -41.488624,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.183526,
    "excess_performance": -0.24502,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.09489,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.16388,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.219134,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.013172,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.414886,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.018673,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.183526,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.838096,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 112723,
      "relative_activity": 0.334197,
      "balance": 1.838096,
      "dry_up": 0.239052,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.107148,
      "annualized_volatility": 0.5483,
      "from_high_reference": -0.631321,
      "from_low_reference": 0.06403
    },
    "levels": {
      "trend_reference": 12.484667,
      "fair_value_reference": 14.471119,
      "structural_low": 10.62,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": -0.020089,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.059208,
        "regime_survival": 0.7,
        "best_return": 0.548065,
        "worst_return": -0.191906,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.082094,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.082117,
        "regime_survival": 0.25,
        "best_return": 0.697878,
        "worst_return": -0.42624,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.170886,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.177971,
        "regime_survival": 0.0,
        "best_return": 1.034956,
        "worst_return": -0.490209,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.07183,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.059686,
        "regime_survival": 0.0,
        "best_return": 0.268987,
        "worst_return": -0.125326,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-09-08",
        "end": "2024-03-29",
        "tenure": "Extended",
        "return": -0.280316,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-04-05",
        "end": "2024-04-19",
        "tenure": "New",
        "return": 0.179775,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-04-26",
        "end": "2024-05-03",
        "tenure": "New",
        "return": 0.172023,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-10",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.107438,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-26",
        "end": "2024-08-16",
        "tenure": "New",
        "return": 0.118519,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-23",
        "end": "2024-11-22",
        "tenure": "Established",
        "return": -0.09697,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-29",
        "end": "2025-04-04",
        "tenure": "Established",
        "return": -0.089873,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.212245,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.09867,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-04",
        "end": "2025-10-24",
        "tenure": "Established",
        "return": 0.273634,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-31",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.161088,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-05",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.150526,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-16",
        "end": "2026-06-05",
        "tenure": "Established",
        "return": -0.116492,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.087237,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 12.38,
        "volume": 228568,
        "typical_volume": 224270.55,
        "trend": 15.016667,
        "fair_value": 34.400321,
        "relative_strength": -30.465656,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.733538,
        "energy": 17.364521,
        "activity_lines": [
          14.258666,
          14.505818,
          14.123524,
          14.351699
        ]
      },
      {
        "date": "2023-08-25",
        "close": 12.38,
        "volume": 118318,
        "typical_volume": 225402.7,
        "trend": 14.802667,
        "fair_value": 34.274551,
        "relative_strength": -29.238026,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.07177,
        "energy": 28.300125,
        "activity_lines": [
          13.48,
          14.152364,
          13.959524,
          14.181591
        ]
      },
      {
        "date": "2023-09-01",
        "close": 11.48,
        "volume": 361043,
        "typical_volume": 238945.65,
        "trend": 14.545333,
        "fair_value": 34.155833,
        "relative_strength": -34.269878,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.863252,
        "energy": 44.948939,
        "activity_lines": [
          12.597333,
          13.646545,
          13.724476,
          13.967226
        ]
      },
      {
        "date": "2023-09-08",
        "close": 11.38,
        "volume": 311988,
        "typical_volume": 250155.45,
        "trend": 14.309333,
        "fair_value": 34.016603,
        "relative_strength": -33.374658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.731055,
        "energy": 65.430497,
        "activity_lines": [
          11.942667,
          13.14,
          13.497238,
          13.763011
        ]
      },
      {
        "date": "2023-09-15",
        "close": 11.52,
        "volume": 88894,
        "typical_volume": 245173.75,
        "trend": 14.118,
        "fair_value": 33.893654,
        "relative_strength": -32.05708,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.569183,
        "energy": 69.829455,
        "activity_lines": [
          11.646667,
          12.701454,
          13.301905,
          13.583054
        ]
      },
      {
        "date": "2023-09-22",
        "close": 10.94,
        "volume": 73904,
        "typical_volume": 244103.55,
        "trend": 13.94,
        "fair_value": 33.772116,
        "relative_strength": -33.595087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.659187,
        "energy": 72.264469,
        "activity_lines": [
          11.350667,
          12.229818,
          13.067809,
          13.378021
        ]
      },
      {
        "date": "2023-09-29",
        "close": 10.66,
        "volume": 69001,
        "typical_volume": 244096.15,
        "trend": 13.752667,
        "fair_value": 33.657757,
        "relative_strength": -33.809353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.177977,
        "energy": 70.949678,
        "activity_lines": [
          11.057333,
          11.781091,
          12.821143,
          13.166409
        ]
      },
      {
        "date": "2023-10-06",
        "close": 10.34,
        "volume": 79121,
        "typical_volume": 221117.35,
        "trend": 13.549333,
        "fair_value": 33.541987,
        "relative_strength": -34.845722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.560873,
        "energy": 70.298426,
        "activity_lines": [
          10.772,
          11.358909,
          12.558952,
          12.946237
        ]
      },
      {
        "date": "2023-10-13",
        "close": 9.48,
        "volume": 361970,
        "typical_volume": 231149.5,
        "trend": 13.348,
        "fair_value": 33.439295,
        "relative_strength": -40.292201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.568149,
        "energy": 74.968194,
        "activity_lines": [
          10.276,
          10.872364,
          12.221809,
          12.683699
        ]
      },
      {
        "date": "2023-10-20",
        "close": 8.79,
        "volume": 226708,
        "typical_volume": 225164.25,
        "trend": 13.143,
        "fair_value": 33.312308,
        "relative_strength": -40.61715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.651557,
        "energy": 80.279662,
        "activity_lines": [
          9.676667,
          10.38,
          11.829238,
          12.389634
        ]
      },
      {
        "date": "2023-10-27",
        "close": 8.5,
        "volume": 125571,
        "typical_volume": 217734.3,
        "trend": 12.917,
        "fair_value": 33.204616,
        "relative_strength": -40.716606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.063299,
        "energy": 81.275897,
        "activity_lines": [
          9.162667,
          9.937273,
          11.424143,
          12.090086
        ]
      },
      {
        "date": "2023-11-03",
        "close": 8.54,
        "volume": 131892,
        "typical_volume": 208750.5,
        "trend": 12.686333,
        "fair_value": 33.089487,
        "relative_strength": -41.460203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.870582,
        "energy": 79.476646,
        "activity_lines": [
          8.824667,
          9.572364,
          11.053143,
          11.807699
        ]
      },
      {
        "date": "2023-11-10",
        "close": 7.09,
        "volume": 2653056,
        "typical_volume": 325583.15,
        "trend": 12.418667,
        "fair_value": 32.970192,
        "relative_strength": -50.188998,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.320355,
        "energy": 84.535144,
        "activity_lines": [
          8.144667,
          9.013636,
          10.565286,
          11.446645
        ]
      },
      {
        "date": "2023-11-17",
        "close": 7.82,
        "volume": 1728702,
        "typical_volume": 389350.25,
        "trend": 12.17,
        "fair_value": 32.859423,
        "relative_strength": -46.243325,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.600096,
        "energy": 79.831015,
        "activity_lines": [
          7.924667,
          8.667455,
          10.172429,
          11.149957
        ]
      },
      {
        "date": "2023-11-24",
        "close": 7.32,
        "volume": 338504,
        "typical_volume": 392445.9,
        "trend": 11.914667,
        "fair_value": 32.738398,
        "relative_strength": -49.465562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.305612,
        "energy": 79.414227,
        "activity_lines": [
          7.648667,
          8.295091,
          9.760048,
          10.837054
        ]
      },
      {
        "date": "2023-12-01",
        "close": 7.26,
        "volume": 183097,
        "typical_volume": 379563.55,
        "trend": 11.693333,
        "fair_value": 32.61891,
        "relative_strength": -49.420951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.671778,
        "energy": 81.590408,
        "activity_lines": [
          7.450667,
          7.988182,
          9.380905,
          10.536753
        ]
      },
      {
        "date": "2023-12-08",
        "close": 7.62,
        "volume": 382570,
        "typical_volume": 390289.25,
        "trend": 11.487333,
        "fair_value": 32.499167,
        "relative_strength": -47.393013,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.043032,
        "energy": 73.613952,
        "activity_lines": [
          7.455333,
          7.813636,
          9.072905,
          10.273957
        ]
      },
      {
        "date": "2023-12-15",
        "close": 6.94,
        "volume": 661774,
        "typical_volume": 418524.55,
        "trend": 11.325333,
        "fair_value": 32.376987,
        "relative_strength": -52.655697,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.473191,
        "energy": 64.370654,
        "activity_lines": [
          7.294667,
          7.570727,
          8.73681,
          9.980581
        ]
      },
      {
        "date": "2023-12-22",
        "close": 8.15,
        "volume": 497507,
        "typical_volume": 438025.9,
        "trend": 11.209,
        "fair_value": 32.258718,
        "relative_strength": -43.235649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.884847,
        "energy": 53.14628,
        "activity_lines": [
          7.547333,
          7.609636,
          8.556238,
          9.77572
        ]
      },
      {
        "date": "2023-12-29",
        "close": 8.49,
        "volume": 192063,
        "typical_volume": 440712.55,
        "trend": 11.093333,
        "fair_value": 32.122757,
        "relative_strength": -40.248225,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.977715,
        "energy": 40.744536,
        "activity_lines": [
          7.891333,
          7.734545,
          8.445714,
          9.600301
        ]
      },
      {
        "date": "2024-01-05",
        "close": 8.63,
        "volume": 464384,
        "typical_volume": 452503.35,
        "trend": 10.885667,
        "fair_value": 32.001154,
        "relative_strength": -36.615186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.147088,
        "energy": 30.83532,
        "activity_lines": [
          8.204,
          7.890364,
          8.376762,
          9.441376
        ]
      },
      {
        "date": "2024-01-12",
        "close": 8.19,
        "volume": 167591,
        "typical_volume": 454967.0,
        "trend": 10.725333,
        "fair_value": 31.829295,
        "relative_strength": -39.191209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.857988,
        "energy": 25.170471,
        "activity_lines": [
          8.278667,
          7.963818,
          8.283762,
          9.267462
        ]
      },
      {
        "date": "2024-01-19",
        "close": 7.81,
        "volume": 220236,
        "typical_volume": 447926.65,
        "trend": 10.571,
        "fair_value": 31.649231,
        "relative_strength": -39.518361,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.381251,
        "energy": 25.098783,
        "activity_lines": [
          8.188667,
          7.974545,
          8.174524,
          9.079376
        ]
      },
      {
        "date": "2024-01-26",
        "close": 7.62,
        "volume": 240982,
        "typical_volume": 444376.35,
        "trend": 10.367667,
        "fair_value": 31.438462,
        "relative_strength": -41.72166,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.79687,
        "energy": 31.896941,
        "activity_lines": [
          7.977333,
          7.937636,
          8.064667,
          8.888989
        ]
      },
      {
        "date": "2024-02-02",
        "close": 7.57,
        "volume": 254532,
        "typical_volume": 452658.25,
        "trend": 10.103333,
        "fair_value": 31.173526,
        "relative_strength": -40.985793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.562761,
        "energy": 41.321537,
        "activity_lines": [
          7.784667,
          7.895273,
          7.967952,
          8.708495
        ]
      },
      {
        "date": "2024-02-09",
        "close": 7.62,
        "volume": 54060,
        "typical_volume": 451666.05,
        "trend": 9.857333,
        "fair_value": 30.936474,
        "relative_strength": -39.091833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.508023,
        "energy": 46.542312,
        "activity_lines": [
          7.67,
          7.857455,
          7.89481,
          8.54828
        ]
      },
      {
        "date": "2024-02-16",
        "close": 7.55,
        "volume": 189046,
        "typical_volume": 457668.3,
        "trend": 9.598333,
        "fair_value": 30.68359,
        "relative_strength": -40.083374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.645379,
        "energy": 46.658622,
        "activity_lines": [
          7.599333,
          7.800364,
          7.83081,
          8.399419
        ]
      },
      {
        "date": "2024-02-23",
        "close": 7.49,
        "volume": 247917,
        "typical_volume": 466108.1,
        "trend": 9.334667,
        "fair_value": 30.468782,
        "relative_strength": -40.262007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.195782,
        "energy": 44.784073,
        "activity_lines": [
          7.551333,
          7.733636,
          7.775905,
          8.263398
        ]
      },
      {
        "date": "2024-03-01",
        "close": 7.45,
        "volume": 180681,
        "typical_volume": 457043.65,
        "trend": 9.047667,
        "fair_value": 30.265898,
        "relative_strength": -40.27255,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.153601,
        "energy": 41.586854,
        "activity_lines": [
          7.511333,
          7.649636,
          7.730762,
          8.141806
        ]
      },
      {
        "date": "2024-03-08",
        "close": 8.13,
        "volume": 417846,
        "typical_volume": 466600.55,
        "trend": 8.838,
        "fair_value": 30.068013,
        "relative_strength": -34.45502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.017895,
        "energy": 24.917165,
        "activity_lines": [
          7.709333,
          7.702,
          7.760048,
          8.082602
        ]
      },
      {
        "date": "2024-03-15",
        "close": 7.99,
        "volume": 140650,
        "typical_volume": 467354.5,
        "trend": 8.691667,
        "fair_value": 29.851282,
        "relative_strength": -35.689778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.240738,
        "energy": 18.450199,
        "activity_lines": [
          7.823333,
          7.735455,
          7.779143,
          8.027892
        ]
      },
      {
        "date": "2024-03-22",
        "close": 7.67,
        "volume": 179289,
        "typical_volume": 469724.35,
        "trend": 8.534667,
        "fair_value": 29.635064,
        "relative_strength": -37.267039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.758853,
        "energy": 16.232482,
        "activity_lines": [
          7.806,
          7.722364,
          7.77019,
          7.961978
        ]
      },
      {
        "date": "2024-03-29",
        "close": 8.19,
        "volume": 167386,
        "typical_volume": 345440.85,
        "trend": 8.425,
        "fair_value": 29.417051,
        "relative_strength": -31.599728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.196126,
        "energy": 13.012531,
        "activity_lines": [
          7.954,
          7.813273,
          7.814905,
          7.939742
        ]
      },
      {
        "date": "2024-04-05",
        "close": 8.01,
        "volume": 341966,
        "typical_volume": 276104.05,
        "trend": 8.312667,
        "fair_value": 29.189551,
        "relative_strength": -31.67141,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.932162,
        "energy": 10.306983,
        "activity_lines": [
          7.995333,
          7.864545,
          7.837238,
          7.912968
        ]
      },
      {
        "date": "2024-04-12",
        "close": 8.28,
        "volume": 145395,
        "typical_volume": 266448.6,
        "trend": 8.204667,
        "fair_value": 28.951603,
        "relative_strength": -28.424402,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.573214,
        "energy": 8.401622,
        "activity_lines": [
          8.089333,
          7.957818,
          7.884381,
          7.91086
        ]
      },
      {
        "date": "2024-04-19",
        "close": 9.45,
        "volume": 393427,
        "typical_volume": 276965.1,
        "trend": 8.155,
        "fair_value": 28.759615,
        "relative_strength": -17.104743,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 48.436541,
        "energy": 49.580133,
        "activity_lines": [
          8.563333,
          8.250909,
          8.038381,
          7.991204
        ]
      },
      {
        "date": "2024-04-26",
        "close": 10.58,
        "volume": 600212,
        "typical_volume": 287847.2,
        "trend": 8.152333,
        "fair_value": 28.578077,
        "relative_strength": -8.258041,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 57.967673,
        "energy": 69.008993,
        "activity_lines": [
          9.316667,
          8.716182,
          8.289571,
          8.147656
        ]
      },
      {
        "date": "2024-05-03",
        "close": 12.4,
        "volume": 566462,
        "typical_volume": 283081.6,
        "trend": 8.221,
        "fair_value": 28.426795,
        "relative_strength": 8.883591,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 94.968524,
        "energy": 93.102295,
        "activity_lines": [
          10.482667,
          9.457273,
          8.7,
          8.421699
        ]
      },
      {
        "date": "2024-05-10",
        "close": 12.1,
        "volume": 290277,
        "typical_volume": 272720.1,
        "trend": 8.308333,
        "fair_value": 28.260769,
        "relative_strength": 3.394829,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.136096,
        "energy": 93.782571,
        "activity_lines": [
          11.268,
          10.054545,
          9.055857,
          8.671957
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.74,
        "volume": 623209,
        "typical_volume": 294277.4,
        "trend": 8.473333,
        "fair_value": 28.127692,
        "relative_strength": 18.503615,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.449179,
        "energy": 95.859454,
        "activity_lines": [
          12.327333,
          10.865455,
          9.549095,
          9.022387
        ]
      },
      {
        "date": "2024-05-24",
        "close": 14.154544,
        "volume": 471884,
        "typical_volume": 294652.4,
        "trend": 8.661818,
        "fair_value": 27.973555,
        "relative_strength": 20.90053,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.269711,
        "energy": 94.125651,
        "activity_lines": [
          13.160848,
          11.649735,
          10.056814,
          9.388917
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.9,
        "volume": 348854,
        "typical_volume": 303715.55,
        "trend": 8.840485,
        "fair_value": 27.75817,
        "relative_strength": 19.594184,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.417966,
        "energy": 88.580872,
        "activity_lines": [
          13.595878,
          12.275653,
          10.513983,
          9.726864
        ]
      },
      {
        "date": "2024-06-07",
        "close": 13.6,
        "volume": 274227,
        "typical_volume": 306415.1,
        "trend": 9.057485,
        "fair_value": 27.506888,
        "relative_strength": 16.783597,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.780955,
        "energy": 77.218216,
        "activity_lines": [
          13.709575,
          12.733752,
          10.915389,
          10.03393
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13.2,
        "volume": 241940,
        "typical_volume": 306463.0,
        "trend": 9.236818,
        "fair_value": 27.255606,
        "relative_strength": 16.315566,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.27669,
        "energy": 63.614936,
        "activity_lines": [
          13.609939,
          13.02076,
          11.25113,
          10.301189
        ]
      },
      {
        "date": "2024-06-21",
        "close": 14.2,
        "volume": 215708,
        "typical_volume": 304521.8,
        "trend": 9.466151,
        "fair_value": 27.012016,
        "relative_strength": 24.561526,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.593811,
        "energy": 61.605515,
        "activity_lines": [
          13.770303,
          13.395223,
          11.655537,
          10.621394
        ]
      },
      {
        "date": "2024-06-28",
        "close": 13.9,
        "volume": 91335,
        "typical_volume": 306385.55,
        "trend": 9.687485,
        "fair_value": 26.717786,
        "relative_strength": 22.416607,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.426773,
        "energy": 56.079875,
        "activity_lines": [
          13.8,
          13.607504,
          11.999801,
          10.907449
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13.6,
        "volume": 106648,
        "typical_volume": 302265.65,
        "trend": 9.886818,
        "fair_value": 26.402401,
        "relative_strength": 21.213715,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.762186,
        "energy": 49.329274,
        "activity_lines": [
          13.746667,
          13.68433,
          12.285589,
          11.159869
        ]
      },
      {
        "date": "2024-07-12",
        "close": 13.6,
        "volume": 108101,
        "typical_volume": 295274.85,
        "trend": 10.108818,
        "fair_value": 26.053683,
        "relative_strength": 18.580928,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.051548,
        "energy": 44.993236,
        "activity_lines": [
          13.713333,
          13.706248,
          12.542567,
          11.399429
        ]
      },
      {
        "date": "2024-07-19",
        "close": 13.4,
        "volume": 112830,
        "typical_volume": 291882.3,
        "trend": 10.283818,
        "fair_value": 25.640862,
        "relative_strength": 20.447876,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.158579,
        "energy": 37.733443,
        "activity_lines": [
          13.613333,
          13.669983,
          12.751403,
          11.611763
        ]
      },
      {
        "date": "2024-07-26",
        "close": 13.5,
        "volume": 161134,
        "typical_volume": 279046.7,
        "trend": 10.450818,
        "fair_value": 25.192786,
        "relative_strength": 21.82954,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.691304,
        "energy": 34.904738,
        "activity_lines": [
          13.533333,
          13.628264,
          12.941428,
          11.819259
        ]
      },
      {
        "date": "2024-08-02",
        "close": 13.7,
        "volume": 218668,
        "typical_volume": 282947.6,
        "trend": 10.619818,
        "fair_value": 24.754965,
        "relative_strength": 30.23429,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.874554,
        "energy": 33.386481,
        "activity_lines": [
          13.566667,
          13.627273,
          13.124931,
          12.028884
        ]
      },
      {
        "date": "2024-08-09",
        "close": 13.8,
        "volume": 243723,
        "typical_volume": 286169.3,
        "trend": 10.806818,
        "fair_value": 24.351119,
        "relative_strength": 32.188941,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.769991,
        "energy": 31.528398,
        "activity_lines": [
          13.646667,
          13.652727,
          13.290766,
          12.234057
        ]
      },
      {
        "date": "2024-08-16",
        "close": 15.1,
        "volume": 889869,
        "typical_volume": 322293.45,
        "trend": 11.049818,
        "fair_value": 23.983811,
        "relative_strength": 40.265979,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.44014,
        "energy": 46.64221,
        "activity_lines": [
          14.146667,
          13.916364,
          13.551221,
          12.511036
        ]
      },
      {
        "date": "2024-08-23",
        "close": 16.5,
        "volume": 740933,
        "typical_volume": 342241.8,
        "trend": 11.345818,
        "fair_value": 23.640862,
        "relative_strength": 51.234183,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.385097,
        "energy": 66.85127,
        "activity_lines": [
          15.013333,
          14.407273,
          13.912104,
          12.862661
        ]
      },
      {
        "date": "2024-08-30",
        "close": 16.9,
        "volume": 569885,
        "typical_volume": 363466.3,
        "trend": 11.656818,
        "fair_value": 23.309452,
        "relative_strength": 51.848757,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.076505,
        "energy": 81.812009,
        "activity_lines": [
          15.806667,
          14.910909,
          14.270654,
          13.220995
        ]
      },
      {
        "date": "2024-09-06",
        "close": 16.0,
        "volume": 371689,
        "typical_volume": 362379.4,
        "trend": 11.936151,
        "fair_value": 23.000478,
        "relative_strength": 49.605372,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.44809,
        "energy": 78.073399,
        "activity_lines": [
          16.073333,
          15.201818,
          14.502442,
          13.5012
        ]
      },
      {
        "date": "2024-09-13",
        "close": 16.1,
        "volume": 353680,
        "typical_volume": 350052.8,
        "trend": 12.221151,
        "fair_value": 22.690862,
        "relative_strength": 47.165444,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.979014,
        "energy": 74.845177,
        "activity_lines": [
          16.22,
          15.472727,
          14.712563,
          13.769836
        ]
      },
      {
        "date": "2024-09-20",
        "close": 16.4,
        "volume": 194595,
        "typical_volume": 331459.45,
        "trend": 12.518151,
        "fair_value": 22.393427,
        "relative_strength": 45.92369,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.503184,
        "energy": 61.913975,
        "activity_lines": [
          16.313333,
          15.752727,
          14.92497,
          14.039439
        ]
      },
      {
        "date": "2024-09-27",
        "close": 16.700001,
        "volume": 130738,
        "typical_volume": 323482.5,
        "trend": 12.826485,
        "fair_value": 22.137657,
        "relative_strength": 44.318395,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.066684,
        "energy": 52.359066,
        "activity_lines": [
          16.42,
          16.036364,
          15.146901,
          14.309236
        ]
      },
      {
        "date": "2024-10-04",
        "close": 16.299999,
        "volume": 261699,
        "typical_volume": 305407.0,
        "trend": 13.098818,
        "fair_value": 21.890862,
        "relative_strength": 41.881762,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.971288,
        "energy": 46.979609,
        "activity_lines": [
          16.38,
          16.187273,
          15.308831,
          14.533333
        ]
      },
      {
        "date": "2024-10-11",
        "close": 16.1,
        "volume": 128629,
        "typical_volume": 288244.25,
        "trend": 13.369151,
        "fair_value": 21.65817,
        "relative_strength": 39.805455,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.495418,
        "energy": 43.431885,
        "activity_lines": [
          16.313333,
          16.250909,
          15.439524,
          14.726958
        ]
      },
      {
        "date": "2024-10-18",
        "close": 16.6,
        "volume": 331844,
        "typical_volume": 287393.75,
        "trend": 13.666818,
        "fair_value": 21.429965,
        "relative_strength": 42.501694,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.452886,
        "energy": 42.997009,
        "activity_lines": [
          16.406667,
          16.361818,
          15.608571,
          14.9354
        ]
      },
      {
        "date": "2024-10-25",
        "close": 16.9,
        "volume": 85727,
        "typical_volume": 277968.75,
        "trend": 13.957151,
        "fair_value": 21.181888,
        "relative_strength": 43.729761,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.152276,
        "energy": 42.228489,
        "activity_lines": [
          16.566667,
          16.476364,
          15.793333,
          15.143992
        ]
      },
      {
        "date": "2024-11-01",
        "close": 17.799999,
        "volume": 152094,
        "typical_volume": 273476.45,
        "trend": 14.283485,
        "fair_value": 20.917786,
        "relative_strength": 51.566922,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.157344,
        "energy": 49.077422,
        "activity_lines": [
          16.993333,
          16.721818,
          16.048095,
          15.391918
        ]
      },
      {
        "date": "2024-11-08",
        "close": 14.8,
        "volume": 879699,
        "typical_volume": 306676.0,
        "trend": 14.500818,
        "fair_value": 20.635734,
        "relative_strength": 24.677147,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.534052,
        "energy": 23.647461,
        "activity_lines": [
          16.346666,
          16.398182,
          15.995238,
          15.425241
        ]
      },
      {
        "date": "2024-11-15",
        "close": 15.2,
        "volume": 465434,
        "typical_volume": 325380.95,
        "trend": 14.692485,
        "fair_value": 20.381888,
        "relative_strength": 29.195257,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.553406,
        "energy": 16.088263,
        "activity_lines": [
          15.933333,
          16.185454,
          15.977619,
          15.47035
        ]
      },
      {
        "date": "2024-11-22",
        "close": 14.9,
        "volume": 286311,
        "typical_volume": 334364.1,
        "trend": 14.836485,
        "fair_value": 20.156888,
        "relative_strength": 25.081915,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 13.325608,
        "energy": 14.450448,
        "activity_lines": [
          15.48,
          15.932727,
          15.925238,
          15.483738
        ]
      },
      {
        "date": "2024-11-29",
        "close": 15.8,
        "volume": 273375,
        "typical_volume": 342627.8,
        "trend": 14.949818,
        "fair_value": 19.942145,
        "relative_strength": 31.023752,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.328886,
        "energy": 19.239574,
        "activity_lines": [
          15.44,
          15.865454,
          15.952381,
          15.5459
        ]
      },
      {
        "date": "2024-12-06",
        "close": 16.200001,
        "volume": 228909,
        "typical_volume": 348431.75,
        "trend": 15.086485,
        "fair_value": 19.698555,
        "relative_strength": 27.694717,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.373469,
        "energy": 14.470812,
        "activity_lines": [
          15.606667,
          15.881818,
          16.007143,
          15.626557
        ]
      },
      {
        "date": "2024-12-13",
        "close": 17.0,
        "volume": 192683,
        "typical_volume": 350009.2,
        "trend": 15.195151,
        "fair_value": 19.492145,
        "relative_strength": 35.034817,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.916793,
        "energy": 21.01293,
        "activity_lines": [
          16.146667,
          16.052727,
          16.124762,
          15.75001
        ]
      },
      {
        "date": "2024-12-20",
        "close": 16.200001,
        "volume": 700529,
        "typical_volume": 374102.25,
        "trend": 15.263333,
        "fair_value": 19.27676,
        "relative_strength": 31.329202,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.433846,
        "energy": 22.890748,
        "activity_lines": [
          16.273334,
          16.065455,
          16.149524,
          15.814839
        ]
      },
      {
        "date": "2024-12-27",
        "close": 16.200001,
        "volume": 98414,
        "typical_volume": 366836.8,
        "trend": 15.34,
        "fair_value": 19.060734,
        "relative_strength": 29.033487,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.037704,
        "energy": 24.079912,
        "activity_lines": [
          16.333334,
          16.076364,
          16.162381,
          15.875269
        ]
      },
      {
        "date": "2025-01-03",
        "close": 16.0,
        "volume": 69883,
        "typical_volume": 325837.5,
        "trend": 15.42,
        "fair_value": 18.852401,
        "relative_strength": 25.084753,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.678482,
        "energy": 21.360189,
        "activity_lines": [
          16.240001,
          16.058182,
          16.144762,
          15.91785
        ]
      },
      {
        "date": "2025-01-10",
        "close": 16.6,
        "volume": 192516,
        "typical_volume": 298416.65,
        "trend": 15.533333,
        "fair_value": 18.674196,
        "relative_strength": 27.647723,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.155612,
        "energy": 19.025509,
        "activity_lines": [
          16.333334,
          16.165455,
          16.18,
          15.993979
        ]
      },
      {
        "date": "2025-01-17",
        "close": 17.1,
        "volume": 201590,
        "typical_volume": 280001.9,
        "trend": 15.63,
        "fair_value": 18.495991,
        "relative_strength": 25.320269,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 54.246952,
        "energy": 26.737712,
        "activity_lines": [
          16.566667,
          16.385455,
          16.262381,
          16.095054
        ]
      },
      {
        "date": "2025-01-24",
        "close": 16.5,
        "volume": 202327,
        "typical_volume": 271533.8,
        "trend": 15.716667,
        "fair_value": 18.322914,
        "relative_strength": 17.270462,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 44.606406,
        "energy": 23.197915,
        "activity_lines": [
          16.593333,
          16.454546,
          16.286667,
          16.151183
        ]
      },
      {
        "date": "2025-01-31",
        "close": 17.299999,
        "volume": 135594,
        "typical_volume": 260629.5,
        "trend": 15.84,
        "fair_value": 18.163939,
        "relative_strength": 21.464723,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.386771,
        "energy": 39.227379,
        "activity_lines": [
          16.866666,
          16.645455,
          16.384762,
          16.253333
        ]
      },
      {
        "date": "2025-02-07",
        "close": 16.5,
        "volume": 152165,
        "typical_volume": 258508.0,
        "trend": 15.936667,
        "fair_value": 17.997273,
        "relative_strength": 15.939762,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.783844,
        "energy": 34.329931,
        "activity_lines": [
          16.8,
          16.647273,
          16.400952,
          16.295914
        ]
      },
      {
        "date": "2025-02-14",
        "close": 17.6,
        "volume": 286945,
        "typical_volume": 266318.35,
        "trend": 16.076667,
        "fair_value": 17.862016,
        "relative_strength": 18.737658,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.084628,
        "energy": 39.916651,
        "activity_lines": [
          17.066666,
          16.836364,
          16.521429,
          16.403226
        ]
      },
      {
        "date": "2025-02-21",
        "close": 16.6,
        "volume": 177705,
        "typical_volume": 262118.65,
        "trend": 16.18,
        "fair_value": 17.727401,
        "relative_strength": 10.516613,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.858036,
        "energy": 29.016701,
        "activity_lines": [
          16.933333,
          16.818182,
          16.542381,
          16.436989
        ]
      },
      {
        "date": "2025-02-28",
        "close": 17.200001,
        "volume": 130388,
        "typical_volume": 262206.6,
        "trend": 16.296667,
        "fair_value": 17.623555,
        "relative_strength": 13.195345,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.328161,
        "energy": 25.86246,
        "activity_lines": [
          17.033334,
          16.916364,
          16.619048,
          16.502796
        ]
      },
      {
        "date": "2025-03-07",
        "close": 16.299999,
        "volume": 275175,
        "typical_volume": 259373.15,
        "trend": 16.38,
        "fair_value": 17.488298,
        "relative_strength": 6.105553,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.956812,
        "energy": 16.211157,
        "activity_lines": [
          16.786667,
          16.832727,
          16.604762,
          16.503011
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.5,
        "volume": 217666,
        "typical_volume": 265970.1,
        "trend": 16.393333,
        "fair_value": 17.335093,
        "relative_strength": 1.746986,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.978648,
        "energy": 9.014342,
        "activity_lines": [
          16.34,
          16.601818,
          16.515714,
          16.446237
        ]
      },
      {
        "date": "2025-03-21",
        "close": 14.7,
        "volume": 251270,
        "typical_volume": 270928.9,
        "trend": 16.333333,
        "fair_value": 17.188298,
        "relative_strength": -2.4061,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.489132,
        "energy": 28.951586,
        "activity_lines": [
          15.693333,
          16.234545,
          16.357143,
          16.336989
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.9,
        "volume": 76824,
        "typical_volume": 230785.15,
        "trend": 16.3,
        "fair_value": 17.013298,
        "relative_strength": 8.070993,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.932534,
        "energy": 25.706208,
        "activity_lines": [
          15.64,
          16.12,
          16.327619,
          16.309032
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.38,
        "volume": 200168,
        "typical_volume": 217521.85,
        "trend": 16.246,
        "fair_value": 16.842978,
        "relative_strength": 7.550636,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -65.066464,
        "energy": 57.325412,
        "activity_lines": [
          15.126667,
          15.750909,
          16.148095,
          16.185161
        ]
      },
      {
        "date": "2025-04-11",
        "close": 14.7,
        "volume": 112267,
        "typical_volume": 208819.65,
        "trend": 16.199333,
        "fair_value": 16.689773,
        "relative_strength": 9.276409,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.221214,
        "energy": 56.905343,
        "activity_lines": [
          14.908,
          15.478545,
          16.002952,
          16.085419
        ]
      },
      {
        "date": "2025-04-18",
        "close": 14.44,
        "volume": 30520,
        "typical_volume": 196676.9,
        "trend": 16.134,
        "fair_value": 16.520157,
        "relative_strength": 3.000876,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.595262,
        "energy": 52.644904,
        "activity_lines": [
          14.709333,
          15.206182,
          15.834,
          15.971914
        ]
      },
      {
        "date": "2025-04-25",
        "close": 14.36,
        "volume": 125580,
        "typical_volume": 191510.45,
        "trend": 16.056,
        "fair_value": 16.368619,
        "relative_strength": -1.151412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.467285,
        "energy": 54.513622,
        "activity_lines": [
          14.554667,
          14.956727,
          15.663905,
          15.857462
        ]
      },
      {
        "date": "2025-05-02",
        "close": 13.34,
        "volume": 114467,
        "typical_volume": 187599.65,
        "trend": 15.957333,
        "fair_value": 16.22067,
        "relative_strength": -9.654501,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.736256,
        "energy": 57.629127,
        "activity_lines": [
          14.082667,
          14.580727,
          15.405429,
          15.682237
        ]
      },
      {
        "date": "2025-05-09",
        "close": 13.4,
        "volume": 207452,
        "typical_volume": 162945.8,
        "trend": 15.867333,
        "fair_value": 16.076055,
        "relative_strength": -8.998385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.637261,
        "energy": 59.980411,
        "activity_lines": [
          13.801333,
          14.274909,
          15.170095,
          15.517247
        ]
      },
      {
        "date": "2025-05-16",
        "close": 14.36,
        "volume": 267768,
        "typical_volume": 171413.5,
        "trend": 15.792667,
        "fair_value": 15.933362,
        "relative_strength": -6.232493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.254277,
        "energy": 48.495561,
        "activity_lines": [
          13.905333,
          14.212727,
          15.039524,
          15.42
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.96,
        "volume": 304015,
        "typical_volume": 183120.1,
        "trend": 15.761333,
        "fair_value": 15.806183,
        "relative_strength": 6.569991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.764235,
        "energy": 23.150696,
        "activity_lines": [
          14.565333,
          14.476727,
          15.070095,
          15.430796
        ]
      },
      {
        "date": "2025-05-30",
        "close": 18.5,
        "volume": 138034,
        "typical_volume": 180396.0,
        "trend": 15.784667,
        "fair_value": 15.69285,
        "relative_strength": 21.909728,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 19.456051,
        "energy": 19.912067,
        "activity_lines": [
          15.970667,
          15.194182,
          15.342762,
          15.607484
        ]
      },
      {
        "date": "2025-06-06",
        "close": 17.82,
        "volume": 114749,
        "typical_volume": 176053.95,
        "trend": 15.885333,
        "fair_value": 15.573427,
        "relative_strength": 15.554141,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 27.004497,
        "energy": 32.664562,
        "activity_lines": [
          16.873333,
          15.718909,
          15.541619,
          15.738796
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.040001,
        "volume": 42307,
        "typical_volume": 168052.95,
        "trend": 15.98,
        "fair_value": 15.474645,
        "relative_strength": 19.10774,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.298026,
        "energy": 41.69585,
        "activity_lines": [
          17.550667,
          16.248727,
          15.758,
          15.877807
        ]
      },
      {
        "date": "2025-06-20",
        "close": 19.0,
        "volume": 85788,
        "typical_volume": 165562.65,
        "trend": 16.116667,
        "fair_value": 15.387145,
        "relative_strength": 25.206714,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.931304,
        "energy": 61.196281,
        "activity_lines": [
          18.238667,
          16.886546,
          16.058476,
          16.072645
        ]
      },
      {
        "date": "2025-06-27",
        "close": 19.82,
        "volume": 67363,
        "typical_volume": 161322.55,
        "trend": 16.250667,
        "fair_value": 15.310991,
        "relative_strength": 26.553309,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.027617,
        "energy": 78.570058,
        "activity_lines": [
          18.890667,
          17.595273,
          16.428952,
          16.31157
        ]
      },
      {
        "date": "2025-07-04",
        "close": 19.040001,
        "volume": 128945,
        "typical_volume": 153422.55,
        "trend": 16.345333,
        "fair_value": 15.217978,
        "relative_strength": 20.428239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.804129,
        "energy": 72.30786,
        "activity_lines": [
          19.025334,
          18.064364,
          16.709334,
          16.491527
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.940001,
        "volume": 114901,
        "typical_volume": 150282.35,
        "trend": 16.376667,
        "fair_value": 15.132016,
        "relative_strength": 11.3812,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.369716,
        "energy": 54.940575,
        "activity_lines": [
          18.757334,
          18.248364,
          16.878095,
          16.594409
        ]
      },
      {
        "date": "2025-07-18",
        "close": 18.860001,
        "volume": 95587,
        "typical_volume": 148542.3,
        "trend": 16.465333,
        "fair_value": 15.048106,
        "relative_strength": 16.242605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.64488,
        "energy": 44.687748,
        "activity_lines": [
          18.788001,
          18.516001,
          17.128096,
          16.754624
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18.6,
        "volume": 351614,
        "typical_volume": 152364.25,
        "trend": 16.545333,
        "fair_value": 14.968619,
        "relative_strength": 11.378432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.694748,
        "energy": 37.297392,
        "activity_lines": [
          18.677334,
          18.637091,
          17.345429,
          16.892344
        ]
      },
      {
        "date": "2025-08-01",
        "close": 18.66,
        "volume": 23369,
        "typical_volume": 142649.4,
        "trend": 16.634,
        "fair_value": 14.892721,
        "relative_strength": 14.323645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.792768,
        "energy": 30.585182,
        "activity_lines": [
          18.613334,
          18.692,
          17.557524,
          17.028774
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.0,
        "volume": 323696,
        "typical_volume": 146270.7,
        "trend": 16.680667,
        "fair_value": 14.813875,
        "relative_strength": 6.924584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.690411,
        "energy": 27.563538,
        "activity_lines": [
          18.406667,
          18.577819,
          17.691715,
          17.116903
        ]
      },
      {
        "date": "2025-08-15",
        "close": 20.25,
        "volume": 266089,
        "typical_volume": 155733.95,
        "trend": 16.785667,
        "fair_value": 14.752337,
        "relative_strength": 17.973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.88913,
        "energy": 39.339136,
        "activity_lines": [
          19.019333,
          18.881818,
          18.024476,
          17.347183
        ]
      },
      {
        "date": "2025-08-22",
        "close": 22.4,
        "volume": 206900,
        "typical_volume": 156070.55,
        "trend": 16.982333,
        "fair_value": 14.72285,
        "relative_strength": 27.42831,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.192791,
        "energy": 65.822833,
        "activity_lines": [
          20.194667,
          19.532546,
          18.541286,
          17.709398
        ]
      },
      {
        "date": "2025-08-29",
        "close": 27.5,
        "volume": 754624,
        "typical_volume": 188188.4,
        "trend": 17.322333,
        "fair_value": 14.73535,
        "relative_strength": 58.386461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.446222,
        "energy": 90.542409,
        "activity_lines": [
          22.834,
          21.031273,
          19.505619,
          18.387957
        ]
      },
      {
        "date": "2025-09-05",
        "close": 25.9,
        "volume": 637361,
        "typical_volume": 218530.45,
        "trend": 17.635667,
        "fair_value": 14.745927,
        "relative_strength": 47.652412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.930475,
        "energy": 90.4368,
        "activity_lines": [
          24.346667,
          22.084546,
          20.256619,
          18.941355
        ]
      },
      {
        "date": "2025-09-12",
        "close": 25.700001,
        "volume": 217178,
        "typical_volume": 223110.35,
        "trend": 17.905667,
        "fair_value": 14.769324,
        "relative_strength": 44.623549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.344911,
        "energy": 88.689666,
        "activity_lines": [
          25.31,
          22.990909,
          20.934,
          19.461635
        ]
      },
      {
        "date": "2025-09-19",
        "close": 28.9,
        "volume": 394986,
        "typical_volume": 237136.3,
        "trend": 18.315667,
        "fair_value": 14.824452,
        "relative_strength": 59.870952,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.265202,
        "energy": 93.408919,
        "activity_lines": [
          26.826667,
          24.358,
          21.862143,
          20.170946
        ]
      },
      {
        "date": "2025-09-26",
        "close": 28.5,
        "volume": 251743,
        "typical_volume": 239350.85,
        "trend": 18.692333,
        "fair_value": 14.86708,
        "relative_strength": 55.81249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.535843,
        "energy": 81.975296,
        "activity_lines": [
          27.633334,
          25.453091,
          22.678095,
          20.828
        ]
      },
      {
        "date": "2025-10-03",
        "close": 27.049999,
        "volume": 169628,
        "typical_volume": 234443.85,
        "trend": 19.050667,
        "fair_value": 14.919965,
        "relative_strength": 41.873539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.263343,
        "energy": 62.279572,
        "activity_lines": [
          27.55,
          26.109273,
          23.284048,
          21.367204
        ]
      },
      {
        "date": "2025-10-10",
        "close": 25.75,
        "volume": 145460,
        "typical_volume": 226516.1,
        "trend": 19.392333,
        "fair_value": 14.960157,
        "relative_strength": 34.904032,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.878077,
        "energy": 57.624355,
        "activity_lines": [
          27.063333,
          26.375454,
          23.705762,
          21.799419
        ]
      },
      {
        "date": "2025-10-17",
        "close": 24.700001,
        "volume": 306563,
        "typical_volume": 234942.55,
        "trend": 19.725667,
        "fair_value": 14.98708,
        "relative_strength": 28.731469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.146683,
        "energy": 41.475822,
        "activity_lines": [
          26.236667,
          26.321818,
          23.980857,
          22.14185
        ]
      },
      {
        "date": "2025-10-24",
        "close": 24.25,
        "volume": 166159,
        "typical_volume": 237513.05,
        "trend": 20.004,
        "fair_value": 15.005029,
        "relative_strength": 21.789616,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.743623,
        "energy": 27.997712,
        "activity_lines": [
          25.326667,
          26.064546,
          24.183572,
          22.433742
        ]
      },
      {
        "date": "2025-10-31",
        "close": 23.9,
        "volume": 311833,
        "typical_volume": 250989.35,
        "trend": 20.321333,
        "fair_value": 15.016247,
        "relative_strength": 20.348476,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.894055,
        "energy": 22.0493,
        "activity_lines": [
          24.61,
          25.670909,
          24.322333,
          22.685097
        ]
      },
      {
        "date": "2025-11-07",
        "close": 21.9,
        "volume": 362660,
        "typical_volume": 264832.95,
        "trend": 20.561333,
        "fair_value": 15.019452,
        "relative_strength": 10.98491,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.906549,
        "energy": 18.959468,
        "activity_lines": [
          23.533333,
          24.886364,
          24.242714,
          22.786946
        ]
      },
      {
        "date": "2025-11-14",
        "close": 20.9,
        "volume": 151289,
        "typical_volume": 269029.25,
        "trend": 20.776667,
        "fair_value": 15.027273,
        "relative_strength": 4.570093,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.510255,
        "energy": 14.334625,
        "activity_lines": [
          22.466667,
          24.021818,
          24.054048,
          22.808796
        ]
      },
      {
        "date": "2025-11-21",
        "close": 19.52,
        "volume": 170045,
        "typical_volume": 271084.25,
        "trend": 20.948667,
        "fair_value": 15.024324,
        "relative_strength": -0.588459,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.3802,
        "energy": 23.318926,
        "activity_lines": [
          21.263333,
          22.997273,
          23.72881,
          22.727721
        ]
      },
      {
        "date": "2025-11-28",
        "close": 20.049999,
        "volume": 168242,
        "typical_volume": 273751.3,
        "trend": 21.172333,
        "fair_value": 15.024645,
        "relative_strength": -1.36443,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.958231,
        "energy": 36.533695,
        "activity_lines": [
          20.582,
          22.181454,
          23.451762,
          22.669742
        ]
      },
      {
        "date": "2025-12-05",
        "close": 19.0,
        "volume": 110203,
        "typical_volume": 274482.1,
        "trend": 21.359,
        "fair_value": 15.019516,
        "relative_strength": -7.942045,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.968477,
        "energy": 56.415034,
        "activity_lines": [
          19.830666,
          21.335636,
          23.064667,
          22.529591
        ]
      },
      {
        "date": "2025-12-12",
        "close": 18.360001,
        "volume": 145570,
        "typical_volume": 264179.9,
        "trend": 21.492333,
        "fair_value": 15.017337,
        "relative_strength": -10.832725,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.367276,
        "energy": 59.888774,
        "activity_lines": [
          19.192667,
          20.546182,
          22.615952,
          22.336108
        ]
      },
      {
        "date": "2025-12-19",
        "close": 19.98,
        "volume": 156614,
        "typical_volume": 270842.15,
        "trend": 21.626333,
        "fair_value": 15.030157,
        "relative_strength": -3.780076,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.4188,
        "energy": 51.06087,
        "activity_lines": [
          19.330667,
          20.209273,
          22.322667,
          22.238538
        ]
      },
      {
        "date": "2025-12-26",
        "close": 20.6,
        "volume": 37588,
        "typical_volume": 256536.75,
        "trend": 21.696333,
        "fair_value": 15.037337,
        "relative_strength": -1.254909,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.4557,
        "energy": 37.740164,
        "activity_lines": [
          19.736667,
          20.09,
          22.082143,
          22.172323
        ]
      },
      {
        "date": "2026-01-02",
        "close": 16.879999,
        "volume": 320854,
        "typical_volume": 259275.0,
        "trend": 21.665,
        "fair_value": 15.022978,
        "relative_strength": -19.880243,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.43693,
        "energy": 47.288025,
        "activity_lines": [
          18.830666,
          19.368909,
          21.474952,
          21.861591
        ]
      },
      {
        "date": "2026-01-09",
        "close": 16.139999,
        "volume": 78438,
        "typical_volume": 252851.9,
        "trend": 21.601667,
        "fair_value": 14.997914,
        "relative_strength": -25.57286,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -77.839825,
        "energy": 68.463097,
        "activity_lines": [
          17.889333,
          18.647272,
          20.813333,
          21.50514
        ]
      },
      {
        "date": "2026-01-16",
        "close": 15.28,
        "volume": 314086,
        "typical_volume": 230825.0,
        "trend": 21.477667,
        "fair_value": 14.976632,
        "relative_strength": -30.758865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.767878,
        "energy": 83.197742,
        "activity_lines": [
          16.852,
          17.910363,
          20.099619,
          21.09729
        ]
      },
      {
        "date": "2026-01-23",
        "close": 14.32,
        "volume": 201744,
        "typical_volume": 209044.15,
        "trend": 21.294333,
        "fair_value": 14.947914,
        "relative_strength": -34.312334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.104866,
        "energy": 90.780666,
        "activity_lines": [
          15.7,
          17.119272,
          19.352667,
          20.635505
        ]
      },
      {
        "date": "2026-01-30",
        "close": 15.2,
        "volume": 92804,
        "typical_volume": 202825.45,
        "trend": 21.166333,
        "fair_value": 14.922273,
        "relative_strength": -30.304016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.815633,
        "energy": 86.861618,
        "activity_lines": [
          15.218666,
          16.607818,
          18.744667,
          20.242323
        ]
      },
      {
        "date": "2026-02-06",
        "close": 13.84,
        "volume": 79138,
        "typical_volume": 187033.05,
        "trend": 21.029667,
        "fair_value": 14.892657,
        "relative_strength": -38.149547,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.693792,
        "energy": 91.399287,
        "activity_lines": [
          14.644,
          15.927636,
          18.057143,
          19.769656
        ]
      },
      {
        "date": "2026-02-13",
        "close": 13.0,
        "volume": 272840,
        "typical_volume": 188087.9,
        "trend": 20.834333,
        "fair_value": 14.86535,
        "relative_strength": -41.528282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.828421,
        "energy": 91.700231,
        "activity_lines": [
          13.992,
          15.207636,
          17.361333,
          19.251613
        ]
      },
      {
        "date": "2026-02-20",
        "close": 11.78,
        "volume": 163715,
        "typical_volume": 187792.25,
        "trend": 20.607,
        "fair_value": 14.836504,
        "relative_strength": -47.689546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.710985,
        "energy": 92.417229,
        "activity_lines": [
          13.142667,
          14.374909,
          16.623143,
          18.667462
        ]
      },
      {
        "date": "2026-02-27",
        "close": 12.08,
        "volume": 365573,
        "typical_volume": 198797.9,
        "trend": 20.387667,
        "fair_value": 14.80958,
        "relative_strength": -46.689997,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.114025,
        "energy": 83.882824,
        "activity_lines": [
          12.626667,
          13.716364,
          15.986238,
          18.117333
        ]
      },
      {
        "date": "2026-03-06",
        "close": 12.0,
        "volume": 141090,
        "typical_volume": 190524.25,
        "trend": 20.187667,
        "fair_value": 14.781119,
        "relative_strength": -43.520211,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.870984,
        "energy": 68.18906,
        "activity_lines": [
          12.233333,
          13.186909,
          15.406809,
          17.576193
        ]
      },
      {
        "date": "2026-03-13",
        "close": 11.8,
        "volume": 95116,
        "typical_volume": 186972.1,
        "trend": 19.906,
        "fair_value": 14.757273,
        "relative_strength": -43.807786,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.97262,
        "energy": 67.319325,
        "activity_lines": [
          11.986667,
          12.777455,
          14.868809,
          17.035054
        ]
      },
      {
        "date": "2026-03-20",
        "close": 12.0,
        "volume": 131935,
        "typical_volume": 177977.2,
        "trend": 19.559333,
        "fair_value": 14.738427,
        "relative_strength": -39.548534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.534357,
        "energy": 64.415243,
        "activity_lines": [
          11.942667,
          12.496727,
          14.409143,
          16.524989
        ]
      },
      {
        "date": "2026-03-27",
        "close": 11.16,
        "volume": 265824,
        "typical_volume": 173135.4,
        "trend": 19.014667,
        "fair_value": 14.712016,
        "relative_strength": -43.39483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.530801,
        "energy": 65.308364,
        "activity_lines": [
          11.685333,
          12.138545,
          13.926143,
          15.983097
        ]
      },
      {
        "date": "2026-04-03",
        "close": 12.1,
        "volume": 142533,
        "typical_volume": 172697.6,
        "trend": 18.554667,
        "fair_value": 14.690478,
        "relative_strength": -40.365402,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.638235,
        "energy": 59.580534,
        "activity_lines": [
          11.782667,
          12.026182,
          13.583809,
          15.536989
        ]
      },
      {
        "date": "2026-04-10",
        "close": 12.18,
        "volume": 151025,
        "typical_volume": 171746.6,
        "trend": 18.104,
        "fair_value": 14.671632,
        "relative_strength": -42.343481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.649262,
        "energy": 53.169314,
        "activity_lines": [
          11.905333,
          11.968727,
          13.291,
          15.12572
        ]
      },
      {
        "date": "2026-04-17",
        "close": 15.3,
        "volume": 2352805,
        "typical_volume": 280974.75,
        "trend": 17.650667,
        "fair_value": 14.67176,
        "relative_strength": -28.952377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.362042,
        "energy": 28.303122,
        "activity_lines": [
          13.056,
          12.533455,
          13.330286,
          14.944817
        ]
      },
      {
        "date": "2026-04-24",
        "close": 13.18,
        "volume": 1334588,
        "typical_volume": 342194.0,
        "trend": 17.14,
        "fair_value": 14.660221,
        "relative_strength": -36.898417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.790661,
        "energy": 19.702678,
        "activity_lines": [
          13.266667,
          12.686182,
          13.190286,
          14.656387
        ]
      },
      {
        "date": "2026-05-01",
        "close": 12.0,
        "volume": 625839,
        "typical_volume": 366207.45,
        "trend": 16.638333,
        "fair_value": 14.648042,
        "relative_strength": -41.536152,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.683451,
        "energy": 20.684736,
        "activity_lines": [
          13.005333,
          12.621091,
          12.965619,
          14.324774
        ]
      },
      {
        "date": "2026-05-08",
        "close": 11.62,
        "volume": 330403,
        "typical_volume": 374896.9,
        "trend": 16.167333,
        "fair_value": 14.634068,
        "relative_strength": -43.355937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.793236,
        "energy": 22.634318,
        "activity_lines": [
          12.561333,
          12.482909,
          12.735048,
          14.001011
        ]
      },
      {
        "date": "2026-05-15",
        "close": 11.16,
        "volume": 208120,
        "typical_volume": 383423.5,
        "trend": 15.716,
        "fair_value": 14.629965,
        "relative_strength": -44.616669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.772263,
        "energy": 38.438873,
        "activity_lines": [
          11.996,
          12.269455,
          12.500476,
          13.677957
        ]
      },
      {
        "date": "2026-05-22",
        "close": 11.92,
        "volume": 253151,
        "typical_volume": 380038.35,
        "trend": 15.305,
        "fair_value": 14.63176,
        "relative_strength": -42.466022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.763666,
        "energy": 37.600117,
        "activity_lines": [
          11.752,
          12.209455,
          12.383238,
          13.433054
        ]
      },
      {
        "date": "2026-05-29",
        "close": 12.7,
        "volume": 516949,
        "typical_volume": 401963.9,
        "trend": 14.931667,
        "fair_value": 14.636504,
        "relative_strength": -37.934324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.90105,
        "energy": 32.251528,
        "activity_lines": [
          11.993333,
          12.289091,
          12.363905,
          13.264989
        ]
      },
      {
        "date": "2026-06-05",
        "close": 13.5,
        "volume": 80236,
        "typical_volume": 390271.4,
        "trend": 14.651667,
        "fair_value": 14.627786,
        "relative_strength": -33.025202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.276197,
        "energy": 14.208102,
        "activity_lines": [
          12.533333,
          12.501455,
          12.437143,
          13.172624
        ]
      },
      {
        "date": "2026-06-12",
        "close": 12.38,
        "volume": 11607,
        "typical_volume": 380764.55,
        "trend": 14.367667,
        "fair_value": 14.623811,
        "relative_strength": -37.90579,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.421821,
        "energy": 10.497027,
        "activity_lines": [
          12.6,
          12.467636,
          12.41219,
          13.026064
        ]
      },
      {
        "date": "2026-06-19",
        "close": 12.18,
        "volume": 72004,
        "typical_volume": 379724.55,
        "trend": 14.123,
        "fair_value": 14.622145,
        "relative_strength": -39.44438,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.481498,
        "energy": 11.75839,
        "activity_lines": [
          12.549333,
          12.392364,
          12.377429,
          12.884925
        ]
      },
      {
        "date": "2026-06-26",
        "close": 11.3,
        "volume": 4643,
        "typical_volume": 375999.8,
        "trend": 13.831333,
        "fair_value": 14.606632,
        "relative_strength": -42.618253,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.219958,
        "energy": 23.032355,
        "activity_lines": [
          12.137333,
          12.157091,
          12.273238,
          12.702796
        ]
      },
      {
        "date": "2026-07-03",
        "close": 11.72,
        "volume": 9973,
        "typical_volume": 362856.45,
        "trend": 13.588667,
        "fair_value": 14.582401,
        "relative_strength": -41.483708,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.5019,
        "energy": 28.008474,
        "activity_lines": [
          11.906667,
          12.070909,
          12.221143,
          12.566581
        ]
      },
      {
        "date": "2026-07-10",
        "close": 11.56,
        "volume": 63686,
        "typical_volume": 357855.0,
        "trend": 13.362,
        "fair_value": 14.56035,
        "relative_strength": -40.390841,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.306879,
        "energy": 34.819153,
        "activity_lines": [
          11.688,
          11.982182,
          12.159905,
          12.435699
        ]
      },
      {
        "date": "2026-07-17",
        "close": 12.38,
        "volume": 66573,
        "typical_volume": 342905.0,
        "trend": 13.108667,
        "fair_value": 14.541504,
        "relative_strength": -34.823876,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.572512,
        "energy": 31.335341,
        "activity_lines": [
          11.872,
          12.050545,
          12.17781,
          12.372344
        ]
      },
      {
        "date": "2026-07-24",
        "close": 11.64,
        "volume": 70854,
        "typical_volume": 339393.2,
        "trend": 12.81,
        "fair_value": 14.517401,
        "relative_strength": -39.049258,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.141294,
        "energy": 29.719592,
        "activity_lines": [
          11.809333,
          11.970545,
          12.12381,
          12.277591
        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.96,
        "volume": 72375,
        "typical_volume": 338256.15,
        "trend": 12.646,
        "fair_value": 14.491119,
        "relative_strength": -37.545122,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.330404,
        "energy": 21.958553,
        "activity_lines": [
          11.889333,
          11.94,
          12.102,
          12.222753
        ]
      },
      {
        "date": "2026-08-07",
        "close": 11.3,
        "volume": 112723,
        "typical_volume": 337295.55,
        "trend": 12.484667,
        "fair_value": 14.471119,
        "relative_strength": -41.488624,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.924776,
        "energy": 26.418603,
        "activity_lines": [
          11.705333,
          11.788727,
          12.016571,
          12.135914
        ]
      }
    ],
    "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."
    }
  }
}