{
  "ticker": {
    "uuid": "8abcaccc-c7f9-4129-a745-46f83f9878c7",
    "symbol": "V3PA",
    "name": "Vanguard ESG Developed Asia Pacific All Cap UCITS ETF USD Accumulating",
    "exchange": "MIL",
    "country": "IT",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "FTSEMIB.MI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 92.022,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 26.887,
    "architecture_energy": 27.097,
    "architecture_maturity": 64.675,
    "architecture_confidence": 83.585,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 51.39,
        "rotation_up": 18.52,
        "upward_expansion": 53.33,
        "deceleration": 94.0,
        "rotation_down": 36.31,
        "downward_expansion": 19.33
      },
      "activity_lines": [
        9.261867,
        9.448327,
        9.3666,
        9.107822
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 9.386,
    "trend_reference": 8.7643,
    "distance_from_trend": 0.070935,
    "trend_direction": "Improving",
    "fair_value": 6.752564,
    "distance_from_fair_value": 0.389991,
    "fair_value_direction": "Weakening",
    "relative_strength": 0.523209,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.16843,
    "excess_performance": -0.002462,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.070935,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.095944,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.389991,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.031143,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.005232,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.100121,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.16843,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.971309,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 165529,
      "relative_activity": 3.317357,
      "balance": 0.971309,
      "dry_up": 2.098257,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.045698,
      "annualized_volatility": 0.247801,
      "from_high_reference": -0.082323,
      "from_low_reference": 0.39735
    },
    "levels": {
      "trend_reference": 8.7643,
      "fair_value_reference": 6.752564,
      "structural_low": 7.623,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.020945,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": -0.008443,
        "regime_survival": 0.333333,
        "best_return": 0.086316,
        "worst_return": -0.059755,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.030658,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.043447,
        "regime_survival": 0.0,
        "best_return": 0.282853,
        "worst_return": -0.113276,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.021441,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.057313,
        "regime_survival": 0.0,
        "best_return": 0.034009,
        "worst_return": 0.008872,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.004356,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.086097,
        "regime_survival": 0.0,
        "best_return": 0.004356,
        "worst_return": 0.004356,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-07-26",
        "tenure": "New",
        "return": -0.013786,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-02",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.064389,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-30",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": 0.007583,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-11",
        "end": "2025-01-03",
        "tenure": "Established",
        "return": 0.00456,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.02012,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.027523,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-28",
        "end": "2025-03-28",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.004447,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.090675,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": -0.002496,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2026-03-20",
        "tenure": "Extended",
        "return": 0.206547,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.111255,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": 0.103961,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.035297,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 5.41,
        "volume": 36,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 5.454,
        "volume": 6955,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 5.508,
        "volume": 196,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 5.65,
        "volume": 142,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 5.743,
        "volume": 136,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 5.586,
        "volume": 6240,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 5.571,
        "volume": 4,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 5.455,
        "volume": 3018,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 5.479,
        "volume": 1075,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 5.347,
        "volume": 68,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 5.361,
        "volume": 2000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 5.298,
        "volume": 6565,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 5.506,
        "volume": 1500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 5.545,
        "volume": 2568,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 5.611,
        "volume": 629,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 5.626,
        "volume": 8921,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 5.667,
        "volume": 2136,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 5.71,
        "volume": 5603,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 5.745,
        "volume": 5428,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 5.836,
        "volume": 3967,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 5.773,
        "volume": 3595,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 5.903,
        "volume": 5022,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 5.803,
        "volume": 6247,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 5.871,
        "volume": 8621,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 5.936,
        "volume": 19379,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 5.976,
        "volume": 75546,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 6.048,
        "volume": 42646,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 6.094,
        "volume": 5051,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 6.186,
        "volume": 30299,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 6.264,
        "volume": 10577,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 6.157,
        "volume": 31134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 6.348,
        "volume": 17165,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 6.34,
        "volume": 8628,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 6.211,
        "volume": 3368,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 6.21,
        "volume": 824,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 5.996,
        "volume": 1870,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 5.969,
        "volume": 3924,
        "typical_volume": 14444.7,
        "trend": 5.842367,
        "fair_value": 5.605263,
        "relative_strength": -9.653846,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.557956,
        "energy": 27.989433,
        "activity_lines": [
          6.0814,
          6.154127,
          6.100995,
          5.99871
        ]
      },
      {
        "date": "2024-05-03",
        "close": 6.159,
        "volume": 390,
        "typical_volume": 14184.05,
        "trend": 5.865833,
        "fair_value": 5.612099,
        "relative_strength": -4.907812,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.471888,
        "energy": 28.301735,
        "activity_lines": [
          6.086,
          6.150764,
          6.114348,
          6.019138
        ]
      },
      {
        "date": "2024-05-10",
        "close": 6.143,
        "volume": 1523,
        "typical_volume": 13988.8,
        "trend": 5.887967,
        "fair_value": 5.618573,
        "relative_strength": -7.76923,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.032333,
        "energy": 25.861925,
        "activity_lines": [
          6.097333,
          6.143309,
          6.124038,
          6.037019
        ]
      },
      {
        "date": "2024-05-17",
        "close": 6.183,
        "volume": 6452,
        "typical_volume": 14113.05,
        "trend": 5.915833,
        "fair_value": 5.625373,
        "relative_strength": -8.849636,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.315707,
        "energy": 21.154052,
        "activity_lines": [
          6.126533,
          6.143909,
          6.135643,
          6.056054
        ]
      },
      {
        "date": "2024-05-24",
        "close": 6.084,
        "volume": 17928,
        "typical_volume": 14829.7,
        "trend": 5.939933,
        "fair_value": 5.630833,
        "relative_strength": -7.645726,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.024812,
        "energy": 20.704011,
        "activity_lines": [
          6.124533,
          6.127982,
          6.136167,
          6.066903
        ]
      },
      {
        "date": "2024-05-31",
        "close": 6.112,
        "volume": 3320,
        "typical_volume": 14744.6,
        "trend": 5.967067,
        "fair_value": 5.636494,
        "relative_strength": -6.951145,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.970988,
        "energy": 21.142256,
        "activity_lines": [
          6.126,
          6.118473,
          6.137876,
          6.078004
        ]
      },
      {
        "date": "2024-06-07",
        "close": 6.111,
        "volume": 120,
        "typical_volume": 14438.25,
        "trend": 5.987233,
        "fair_value": 5.642012,
        "relative_strength": -7.12347,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.706294,
        "energy": 18.373715,
        "activity_lines": [
          6.1176,
          6.113073,
          6.138495,
          6.08729
        ]
      },
      {
        "date": "2024-06-14",
        "close": 6.116,
        "volume": 481,
        "typical_volume": 14031.25,
        "trend": 6.006267,
        "fair_value": 5.64746,
        "relative_strength": -1.21842,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.75235,
        "energy": 13.003639,
        "activity_lines": [
          6.114067,
          6.112745,
          6.138124,
          6.095598
        ]
      },
      {
        "date": "2024-06-21",
        "close": 6.1,
        "volume": 7915,
        "typical_volume": 13458.05,
        "trend": 6.022567,
        "fair_value": 5.652602,
        "relative_strength": -3.15893,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.020169,
        "energy": 8.448118,
        "activity_lines": [
          6.107,
          6.111236,
          6.135062,
          6.101645
        ]
      },
      {
        "date": "2024-06-28",
        "close": 6.173,
        "volume": 4280,
        "typical_volume": 9894.75,
        "trend": 6.0408,
        "fair_value": 5.658449,
        "relative_strength": -1.419827,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.46542,
        "energy": 17.966766,
        "activity_lines": [
          6.1298,
          6.125,
          6.138171,
          6.111351
        ]
      },
      {
        "date": "2024-07-05",
        "close": 6.246,
        "volume": 4317,
        "typical_volume": 7978.3,
        "trend": 6.0601,
        "fair_value": 5.664978,
        "relative_strength": -2.562255,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 61.050215,
        "energy": 34.432621,
        "activity_lines": [
          6.171,
          6.148818,
          6.147295,
          6.124589
        ]
      },
      {
        "date": "2024-07-12",
        "close": 6.382,
        "volume": 11422,
        "typical_volume": 8296.85,
        "trend": 6.0825,
        "fair_value": 5.672857,
        "relative_strength": -2.076436,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 77.47373,
        "energy": 68.181441,
        "activity_lines": [
          6.2486,
          6.192327,
          6.168429,
          6.145357
        ]
      },
      {
        "date": "2024-07-19",
        "close": 6.238,
        "volume": 16105,
        "typical_volume": 7587.15,
        "trend": 6.098933,
        "fair_value": 5.679,
        "relative_strength": -3.14455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.180203,
        "energy": 65.364108,
        "activity_lines": [
          6.260133,
          6.2056,
          6.174476,
          6.155389
        ]
      },
      {
        "date": "2024-07-26",
        "close": 6.152,
        "volume": 14324,
        "typical_volume": 7774.5,
        "trend": 6.109467,
        "fair_value": 5.684086,
        "relative_strength": -3.215329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.580509,
        "energy": 59.656732,
        "activity_lines": [
          6.234867,
          6.201509,
          6.172086,
          6.158813
        ]
      },
      {
        "date": "2024-08-02",
        "close": 5.855,
        "volume": 13575,
        "typical_volume": 6896.55,
        "trend": 6.1122,
        "fair_value": 5.685904,
        "relative_strength": -2.572197,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -32.036112,
        "energy": 18.199903,
        "activity_lines": [
          6.107133,
          6.143982,
          6.141943,
          6.142396
        ]
      },
      {
        "date": "2024-08-09",
        "close": 5.898,
        "volume": 18360,
        "typical_volume": 6956.3,
        "trend": 6.112033,
        "fair_value": 5.688137,
        "relative_strength": -1.016195,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.845369,
        "energy": 41.971695,
        "activity_lines": [
          6.014933,
          6.098436,
          6.117333,
          6.128576
        ]
      },
      {
        "date": "2024-08-16",
        "close": 6.16,
        "volume": 9817,
        "typical_volume": 7015.75,
        "trend": 6.123933,
        "fair_value": 5.693052,
        "relative_strength": -0.472275,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.507502,
        "energy": 30.516077,
        "activity_lines": [
          6.033267,
          6.104418,
          6.119819,
          6.131671
        ]
      },
      {
        "date": "2024-08-23",
        "close": 6.232,
        "volume": 549,
        "typical_volume": 6874.8,
        "trend": 6.135967,
        "fair_value": 5.698608,
        "relative_strength": -1.048496,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -5.769386,
        "energy": 18.506003,
        "activity_lines": [
          6.0904,
          6.1226,
          6.130019,
          6.138643
        ]
      },
      {
        "date": "2024-08-30",
        "close": 6.33,
        "volume": 812,
        "typical_volume": 6874.2,
        "trend": 6.1491,
        "fair_value": 5.705051,
        "relative_strength": -1.524617,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.808128,
        "energy": 25.123219,
        "activity_lines": [
          6.1806,
          6.156491,
          6.149452,
          6.151161
        ]
      },
      {
        "date": "2024-09-06",
        "close": 6.059,
        "volume": 10031,
        "typical_volume": 7282.25,
        "trend": 6.151867,
        "fair_value": 5.708626,
        "relative_strength": -2.495314,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -14.150423,
        "energy": 16.908378,
        "activity_lines": [
          6.1686,
          6.136927,
          6.142505,
          6.145348
        ]
      },
      {
        "date": "2024-09-13",
        "close": 6.11,
        "volume": 1492,
        "typical_volume": 7160.65,
        "trend": 6.153933,
        "fair_value": 5.71264,
        "relative_strength": -2.317543,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -7.536193,
        "energy": 12.417583,
        "activity_lines": [
          6.16,
          6.128709,
          6.140114,
          6.142647
        ]
      },
      {
        "date": "2024-09-20",
        "close": 6.277,
        "volume": 5412,
        "typical_volume": 7411.75,
        "trend": 6.160033,
        "fair_value": 5.718228,
        "relative_strength": -0.125762,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.536593,
        "energy": 19.307836,
        "activity_lines": [
          6.192933,
          6.153327,
          6.152957,
          6.150587
        ]
      },
      {
        "date": "2024-09-27",
        "close": 6.387,
        "volume": 3710,
        "typical_volume": 7521.1,
        "trend": 6.166733,
        "fair_value": 5.724784,
        "relative_strength": -1.06323,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.691236,
        "energy": 35.366966,
        "activity_lines": [
          6.254733,
          6.199855,
          6.175714,
          6.16523
        ]
      },
      {
        "date": "2024-10-04",
        "close": 6.378,
        "volume": 3664,
        "typical_volume": 7381.7,
        "trend": 6.170533,
        "fair_value": 5.731126,
        "relative_strength": 2.195921,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 60.487895,
        "energy": 53.40866,
        "activity_lines": [
          6.3032,
          6.242036,
          6.196452,
          6.17886
        ]
      },
      {
        "date": "2024-10-11",
        "close": 6.36,
        "volume": 14900,
        "typical_volume": 7230.3,
        "trend": 6.1773,
        "fair_value": 5.737173,
        "relative_strength": -0.123842,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.468967,
        "energy": 58.435982,
        "activity_lines": [
          6.342467,
          6.276836,
          6.214548,
          6.191084
        ]
      },
      {
        "date": "2024-10-18",
        "close": 6.364,
        "volume": 4640,
        "typical_volume": 7296.3,
        "trend": 6.177833,
        "fair_value": 5.743143,
        "relative_strength": -2.456299,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.942286,
        "energy": 59.999641,
        "activity_lines": [
          6.363,
          6.303182,
          6.23171,
          6.203129
        ]
      },
      {
        "date": "2024-10-25",
        "close": 6.172,
        "volume": 1389,
        "typical_volume": 7359.75,
        "trend": 6.172233,
        "fair_value": 5.747189,
        "relative_strength": -4.045814,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.23811,
        "energy": 29.847695,
        "activity_lines": [
          6.3026,
          6.286145,
          6.229386,
          6.202753
        ]
      },
      {
        "date": "2024-11-01",
        "close": 6.18,
        "volume": 21668,
        "typical_volume": 8419.1,
        "trend": 6.1712,
        "fair_value": 5.751234,
        "relative_strength": -3.578812,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.65593,
        "energy": 15.774726,
        "activity_lines": [
          6.251867,
          6.270345,
          6.227533,
          6.203254
        ]
      },
      {
        "date": "2024-11-08",
        "close": 6.186,
        "volume": 5508,
        "typical_volume": 8298.75,
        "trend": 6.1704,
        "fair_value": 5.755259,
        "relative_strength": -0.928034,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 23.848682,
        "energy": 17.210404,
        "activity_lines": [
          6.216933,
          6.256582,
          6.225948,
          6.204209
        ]
      },
      {
        "date": "2024-11-15",
        "close": 6.259,
        "volume": 656,
        "typical_volume": 8117.55,
        "trend": 6.179167,
        "fair_value": 5.759881,
        "relative_strength": -0.807419,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 25.004988,
        "energy": 20.603694,
        "activity_lines": [
          6.219133,
          6.258709,
          6.230905,
          6.209925
        ]
      },
      {
        "date": "2024-11-22",
        "close": 6.422,
        "volume": 280,
        "typical_volume": 7915.7,
        "trend": 6.194267,
        "fair_value": 5.7659,
        "relative_strength": 3.881894,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.479829,
        "energy": 22.850634,
        "activity_lines": [
          6.2824,
          6.286836,
          6.250976,
          6.225591
        ]
      },
      {
        "date": "2024-11-29",
        "close": 6.446,
        "volume": 2700,
        "typical_volume": 7479.6,
        "trend": 6.203833,
        "fair_value": 5.772027,
        "relative_strength": 4.466169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.086858,
        "energy": 53.134006,
        "activity_lines": [
          6.3498,
          6.313655,
          6.272495,
          6.241832
        ]
      },
      {
        "date": "2024-12-06",
        "close": 6.492,
        "volume": 1216,
        "typical_volume": 6735.15,
        "trend": 6.215467,
        "fair_value": 5.778455,
        "relative_strength": 1.165184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.188807,
        "energy": 70.769527,
        "activity_lines": [
          6.414267,
          6.345764,
          6.29809,
          6.260424
        ]
      },
      {
        "date": "2024-12-13",
        "close": 6.473,
        "volume": 2460,
        "typical_volume": 6141.95,
        "trend": 6.225133,
        "fair_value": 5.784602,
        "relative_strength": 0.492965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.033405,
        "energy": 74.197876,
        "activity_lines": [
          6.4516,
          6.372509,
          6.320667,
          6.277039
        ]
      },
      {
        "date": "2024-12-20",
        "close": 6.275,
        "volume": 3354,
        "typical_volume": 5630.9,
        "trend": 6.2315,
        "fair_value": 5.788904,
        "relative_strength": 0.695048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.366102,
        "energy": 57.453623,
        "activity_lines": [
          6.4038,
          6.361527,
          6.322857,
          6.280256
        ]
      },
      {
        "date": "2024-12-27",
        "close": 6.322,
        "volume": 14464,
        "typical_volume": 5436.1,
        "trend": 6.2385,
        "fair_value": 5.793539,
        "relative_strength": 0.351629,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.938129,
        "energy": 31.598808,
        "activity_lines": [
          6.3706,
          6.360636,
          6.327524,
          6.286095
        ]
      },
      {
        "date": "2025-01-03",
        "close": 6.389,
        "volume": 7660,
        "typical_volume": 5328.25,
        "trend": 6.247767,
        "fair_value": 5.798672,
        "relative_strength": 1.53903,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.708804,
        "energy": 23.558056,
        "activity_lines": [
          6.3664,
          6.372691,
          6.336552,
          6.295804
        ]
      },
      {
        "date": "2025-01-10",
        "close": 6.312,
        "volume": 19083,
        "typical_volume": 6254.95,
        "trend": 6.2543,
        "fair_value": 5.80306,
        "relative_strength": -2.293783,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.405664,
        "energy": 21.15352,
        "activity_lines": [
          6.340333,
          6.3668,
          6.337157,
          6.299948
        ]
      },
      {
        "date": "2025-01-17",
        "close": 6.402,
        "volume": 8515,
        "typical_volume": 6640.1,
        "trend": 6.264367,
        "fair_value": 5.808136,
        "relative_strength": -3.967951,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.812561,
        "energy": 20.101126,
        "activity_lines": [
          6.356267,
          6.374873,
          6.345952,
          6.309477
        ]
      },
      {
        "date": "2025-01-24",
        "close": 6.439,
        "volume": 26015,
        "typical_volume": 7439.3,
        "trend": 6.273233,
        "fair_value": 5.813437,
        "relative_strength": -3.078117,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 59.417665,
        "energy": 33.956688,
        "activity_lines": [
          6.389267,
          6.385745,
          6.357929,
          6.320744
        ]
      },
      {
        "date": "2025-01-31",
        "close": 6.54,
        "volume": 9244,
        "typical_volume": 7826.9,
        "trend": 6.283033,
        "fair_value": 5.819492,
        "relative_strength": -2.146493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.08554,
        "energy": 56.255176,
        "activity_lines": [
          6.445,
          6.411709,
          6.377714,
          6.337955
        ]
      },
      {
        "date": "2025-02-07",
        "close": 6.563,
        "volume": 14181,
        "typical_volume": 8265.35,
        "trend": 6.289067,
        "fair_value": 5.825636,
        "relative_strength": -3.200633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.411783,
        "energy": 68.526403,
        "activity_lines": [
          6.493867,
          6.439709,
          6.397643,
          6.356017
        ]
      },
      {
        "date": "2025-02-14",
        "close": 6.553,
        "volume": 3612,
        "typical_volume": 8260.45,
        "trend": 6.299567,
        "fair_value": 5.831598,
        "relative_strength": -5.515322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.453368,
        "energy": 73.685663,
        "activity_lines": [
          6.5278,
          6.463764,
          6.415257,
          6.373045
        ]
      },
      {
        "date": "2025-02-21",
        "close": 6.599,
        "volume": 5760,
        "typical_volume": 8365.25,
        "trend": 6.314467,
        "fair_value": 5.837837,
        "relative_strength": -5.804316,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.847902,
        "energy": 78.608805,
        "activity_lines": [
          6.561,
          6.495073,
          6.436462,
          6.392363
        ]
      },
      {
        "date": "2025-02-28",
        "close": 6.477,
        "volume": 15735,
        "typical_volume": 8407.0,
        "trend": 6.3352,
        "fair_value": 5.842992,
        "relative_strength": -7.908564,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.431229,
        "energy": 57.133724,
        "activity_lines": [
          6.5404,
          6.501909,
          6.444995,
          6.402849
        ]
      },
      {
        "date": "2025-03-07",
        "close": 6.259,
        "volume": 7081,
        "typical_volume": 8529.05,
        "trend": 6.347233,
        "fair_value": 5.84632,
        "relative_strength": -10.625776,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 16.829815,
        "energy": 13.523689,
        "activity_lines": [
          6.4446,
          6.465436,
          6.43221,
          6.397933
        ]
      },
      {
        "date": "2025-03-14",
        "close": 6.263,
        "volume": 8929,
        "typical_volume": 8906.05,
        "trend": 6.350667,
        "fair_value": 5.849627,
        "relative_strength": -10.52829,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 7.29901,
        "energy": 14.91823,
        "activity_lines": [
          6.368867,
          6.430836,
          6.420305,
          6.392499
        ]
      },
      {
        "date": "2025-03-21",
        "close": 6.36,
        "volume": 1426,
        "typical_volume": 7893.95,
        "trend": 6.354933,
        "fair_value": 5.853646,
        "relative_strength": -9.81954,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -10.679692,
        "energy": 23.951371,
        "activity_lines": [
          6.345467,
          6.416164,
          6.417205,
          6.393101
        ]
      },
      {
        "date": "2025-03-28",
        "close": 6.376,
        "volume": 10435,
        "typical_volume": 8140.3,
        "trend": 6.356467,
        "fair_value": 5.857727,
        "relative_strength": -8.726053,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.02604,
        "energy": 27.079566,
        "activity_lines": [
          6.340267,
          6.403527,
          6.414771,
          6.39446
        ]
      },
      {
        "date": "2025-04-04",
        "close": 5.622,
        "volume": 8374,
        "typical_volume": 8526.2,
        "trend": 6.3419,
        "fair_value": 5.855899,
        "relative_strength": -9.823961,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -64.3145,
        "energy": 75.546689,
        "activity_lines": [
          6.0986,
          6.254273,
          6.339624,
          6.347075
        ]
      },
      {
        "date": "2025-04-11",
        "close": 5.597,
        "volume": 10094,
        "typical_volume": 9016.9,
        "trend": 6.3248,
        "fair_value": 5.853908,
        "relative_strength": -8.396252,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -91.540492,
        "energy": 93.138665,
        "activity_lines": [
          5.9056,
          6.115327,
          6.265129,
          6.299017
        ]
      },
      {
        "date": "2025-04-18",
        "close": 5.834,
        "volume": 1416,
        "typical_volume": 8952.7,
        "trend": 6.310033,
        "fair_value": 5.853756,
        "relative_strength": -9.555982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.328435,
        "energy": 85.442026,
        "activity_lines": [
          5.835733,
          6.036618,
          6.217133,
          6.267353
        ]
      },
      {
        "date": "2025-04-25",
        "close": 5.995,
        "volume": 8,
        "typical_volume": 8892.3,
        "trend": 6.296967,
        "fair_value": 5.854826,
        "relative_strength": -10.33191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.57493,
        "energy": 82.551511,
        "activity_lines": [
          5.848133,
          6.000436,
          6.187386,
          6.247028
        ]
      },
      {
        "date": "2025-05-02",
        "close": 6.191,
        "volume": 4320,
        "typical_volume": 8985.3,
        "trend": 6.290733,
        "fair_value": 5.857353,
        "relative_strength": -9.557925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.265722,
        "energy": 52.002151,
        "activity_lines": [
          5.9502,
          6.010036,
          6.178671,
          6.240191
        ]
      },
      {
        "date": "2025-05-09",
        "close": 6.244,
        "volume": 6222,
        "typical_volume": 9128.7,
        "trend": 6.286867,
        "fair_value": 5.860239,
        "relative_strength": -11.019155,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.925291,
        "energy": 24.388139,
        "activity_lines": [
          6.082267,
          6.036691,
          6.176348,
          6.237176
        ]
      },
      {
        "date": "2025-05-16",
        "close": 6.347,
        "volume": 4948,
        "typical_volume": 8652.9,
        "trend": 6.2863,
        "fair_value": 5.863844,
        "relative_strength": -12.236682,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.155777,
        "energy": 23.584505,
        "activity_lines": [
          6.2072,
          6.086309,
          6.183981,
          6.241056
        ]
      },
      {
        "date": "2025-05-23",
        "close": 6.31,
        "volume": 5311,
        "typical_volume": 8535.45,
        "trend": 6.2909,
        "fair_value": 5.867125,
        "relative_strength": -9.976902,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.273011,
        "energy": 27.031935,
        "activity_lines": [
          6.2698,
          6.1276,
          6.187971,
          6.242585
        ]
      },
      {
        "date": "2025-05-30",
        "close": 6.363,
        "volume": 5017,
        "typical_volume": 7832.15,
        "trend": 6.297,
        "fair_value": 5.870745,
        "relative_strength": -10.427487,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 11.808692,
        "energy": 26.966577,
        "activity_lines": [
          6.318333,
          6.177673,
          6.197386,
          6.247237
        ]
      },
      {
        "date": "2025-06-06",
        "close": 6.41,
        "volume": 3317,
        "typical_volume": 7572.25,
        "trend": 6.304467,
        "fair_value": 5.874652,
        "relative_strength": -10.731779,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.880665,
        "energy": 33.046074,
        "activity_lines": [
          6.358,
          6.236236,
          6.211033,
          6.254527
        ]
      },
      {
        "date": "2025-06-13",
        "close": 6.362,
        "volume": 2876,
        "typical_volume": 6415.3,
        "trend": 6.3079,
        "fair_value": 5.878158,
        "relative_strength": -8.52974,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.082986,
        "energy": 30.795418,
        "activity_lines": [
          6.367067,
          6.285455,
          6.220071,
          6.258239
        ]
      },
      {
        "date": "2025-06-20",
        "close": 6.315,
        "volume": 6181,
        "typical_volume": 6262.15,
        "trend": 6.304333,
        "fair_value": 5.881279,
        "relative_strength": -8.502962,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.95417,
        "energy": 25.208005,
        "activity_lines": [
          6.3526,
          6.312673,
          6.225,
          6.258697
        ]
      },
      {
        "date": "2025-06-27",
        "close": 6.413,
        "volume": 6335,
        "typical_volume": 5869.85,
        "trend": 6.303233,
        "fair_value": 5.88505,
        "relative_strength": -8.02819,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.164179,
        "energy": 26.24494,
        "activity_lines": [
          6.372933,
          6.344655,
          6.240333,
          6.265708
        ]
      },
      {
        "date": "2025-07-04",
        "close": 6.433,
        "volume": 25556,
        "typical_volume": 6967.05,
        "trend": 6.301267,
        "fair_value": 5.888908,
        "relative_strength": -7.24426,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.384465,
        "energy": 40.617154,
        "activity_lines": [
          6.393067,
          6.369745,
          6.258286,
          6.27408
        ]
      },
      {
        "date": "2025-07-11",
        "close": 6.368,
        "volume": 2848,
        "typical_volume": 6821.45,
        "trend": 6.297767,
        "fair_value": 5.892259,
        "relative_strength": -8.969524,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.085284,
        "energy": 37.314443,
        "activity_lines": [
          6.386867,
          6.375055,
          6.270619,
          6.278385
        ]
      },
      {
        "date": "2025-07-18",
        "close": 6.394,
        "volume": 12275,
        "typical_volume": 6648.45,
        "trend": 6.301733,
        "fair_value": 5.895743,
        "relative_strength": -8.890521,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.066298,
        "energy": 48.171716,
        "activity_lines": [
          6.392133,
          6.381873,
          6.286529,
          6.284594
        ]
      },
      {
        "date": "2025-07-25",
        "close": 6.507,
        "volume": 6561,
        "typical_volume": 6622.45,
        "trend": 6.3079,
        "fair_value": 5.899959,
        "relative_strength": -7.997565,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 49.673411,
        "energy": 61.105077,
        "activity_lines": [
          6.432933,
          6.406509,
          6.313595,
          6.297837
        ]
      },
      {
        "date": "2025-08-01",
        "close": 6.482,
        "volume": 18638,
        "typical_volume": 7107.9,
        "trend": 6.311,
        "fair_value": 5.903945,
        "relative_strength": -6.34102,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 43.069534,
        "energy": 59.298033,
        "activity_lines": [
          6.4526,
          6.423691,
          6.3371,
          6.309069
        ]
      },
      {
        "date": "2025-08-08",
        "close": 6.707,
        "volume": 17708,
        "typical_volume": 7922.0,
        "trend": 6.324167,
        "fair_value": 5.909408,
        "relative_strength": -6.750738,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.295909,
        "energy": 89.071463,
        "activity_lines": [
          6.542667,
          6.478655,
          6.38099,
          6.334617
        ]
      },
      {
        "date": "2025-08-15",
        "close": 6.774,
        "volume": 6450,
        "typical_volume": 7722.75,
        "trend": 6.336567,
        "fair_value": 5.91525,
        "relative_strength": -7.810077,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.268554,
        "energy": 95.548726,
        "activity_lines": [
          6.6368,
          6.539545,
          6.42961,
          6.363639
        ]
      },
      {
        "date": "2025-08-22",
        "close": 6.847,
        "volume": 26057,
        "typical_volume": 8606.9,
        "trend": 6.350167,
        "fair_value": 5.921503,
        "relative_strength": -7.949448,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.195872,
        "energy": 96.283544,
        "activity_lines": [
          6.7282,
          6.607091,
          6.483286,
          6.39657
        ]
      },
      {
        "date": "2025-08-29",
        "close": 6.816,
        "volume": 4657,
        "typical_volume": 8335.05,
        "trend": 6.359367,
        "fair_value": 5.927467,
        "relative_strength": -5.708153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.231356,
        "energy": 92.072963,
        "activity_lines": [
          6.779067,
          6.660182,
          6.528176,
          6.426624
        ]
      },
      {
        "date": "2025-09-05",
        "close": 6.757,
        "volume": 5351,
        "typical_volume": 8531.8,
        "trend": 6.365833,
        "fair_value": 5.93296,
        "relative_strength": -4.994282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.274847,
        "energy": 88.091763,
        "activity_lines": [
          6.789667,
          6.693436,
          6.561643,
          6.452277
        ]
      },
      {
        "date": "2025-09-12",
        "close": 6.951,
        "volume": 39863,
        "typical_volume": 10524.55,
        "trend": 6.3791,
        "fair_value": 5.939658,
        "relative_strength": -4.264569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.587563,
        "energy": 92.587803,
        "activity_lines": [
          6.8466,
          6.755709,
          6.60919,
          6.49003
        ]
      },
      {
        "date": "2025-09-19",
        "close": 6.978,
        "volume": 3839,
        "typical_volume": 10500.5,
        "trend": 6.391733,
        "fair_value": 5.946444,
        "relative_strength": -3.0863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.690284,
        "energy": 85.652097,
        "activity_lines": [
          6.896267,
          6.813473,
          6.654757,
          6.528669
        ]
      },
      {
        "date": "2025-09-26",
        "close": 6.915,
        "volume": 7081,
        "typical_volume": 10543.45,
        "trend": 6.406333,
        "fair_value": 5.952734,
        "relative_strength": -4.478422,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.856138,
        "energy": 67.8063,
        "activity_lines": [
          6.911333,
          6.848691,
          6.690576,
          6.562428
        ]
      },
      {
        "date": "2025-10-03",
        "close": 7.074,
        "volume": 26827,
        "typical_volume": 11637.4,
        "trend": 6.4335,
        "fair_value": 5.959968,
        "relative_strength": -3.376369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.54598,
        "energy": 78.574396,
        "activity_lines": [
          6.974867,
          6.903345,
          6.738343,
          6.605503
        ]
      },
      {
        "date": "2025-10-10",
        "close": 6.921,
        "volume": 3432,
        "typical_volume": 11543.45,
        "trend": 6.455433,
        "fair_value": 5.966128,
        "relative_strength": -2.51563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.175155,
        "energy": 66.008976,
        "activity_lines": [
          6.9702,
          6.919873,
          6.768076,
          6.636955
        ]
      },
      {
        "date": "2025-10-17",
        "close": 7.075,
        "volume": 13371,
        "typical_volume": 11961.15,
        "trend": 6.479267,
        "fair_value": 5.978737,
        "relative_strength": 0.475422,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.48446,
        "energy": 69.638401,
        "activity_lines": [
          7.005933,
          6.956418,
          6.809567,
          6.676927
        ]
      },
      {
        "date": "2025-10-24",
        "close": 7.156,
        "volume": 5890,
        "typical_volume": 12089.8,
        "trend": 6.505267,
        "fair_value": 5.992263,
        "relative_strength": -0.01477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.608094,
        "energy": 72.582888,
        "activity_lines": [
          7.0604,
          7.001,
          6.855381,
          6.720587
        ]
      },
      {
        "date": "2025-10-31",
        "close": 7.301,
        "volume": 31131,
        "typical_volume": 13502.55,
        "trend": 6.561233,
        "fair_value": 6.005667,
        "relative_strength": 0.49025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.01862,
        "energy": 74.668128,
        "activity_lines": [
          7.151333,
          7.065,
          6.911452,
          6.771925
        ]
      },
      {
        "date": "2025-11-07",
        "close": 7.125,
        "volume": 16232,
        "typical_volume": 14005.1,
        "trend": 6.612167,
        "fair_value": 6.017603,
        "relative_strength": -1.153916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.35061,
        "energy": 66.561613,
        "activity_lines": [
          7.157867,
          7.088745,
          6.94629,
          6.808297
        ]
      },
      {
        "date": "2025-11-14",
        "close": 7.243,
        "volume": 22553,
        "typical_volume": 14816.0,
        "trend": 6.659133,
        "fair_value": 6.030295,
        "relative_strength": -1.769515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.461591,
        "energy": 68.68455,
        "activity_lines": [
          7.200333,
          7.128327,
          6.98851,
          6.848996
        ]
      },
      {
        "date": "2025-11-21",
        "close": 7.047,
        "volume": 21494,
        "typical_volume": 14612.9,
        "trend": 6.6942,
        "fair_value": 6.041731,
        "relative_strength": -1.14033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.807393,
        "energy": 58.310909,
        "activity_lines": [
          7.156,
          7.123436,
          7.00811,
          6.874019
        ]
      },
      {
        "date": "2025-11-28",
        "close": 7.192,
        "volume": 24177,
        "typical_volume": 15679.35,
        "trend": 6.727567,
        "fair_value": 6.054096,
        "relative_strength": -0.413681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.570444,
        "energy": 51.890976,
        "activity_lines": [
          7.161867,
          7.143164,
          7.038595,
          6.906135
        ]
      },
      {
        "date": "2025-12-05",
        "close": 7.204,
        "volume": 3673,
        "typical_volume": 15249.25,
        "trend": 6.759567,
        "fair_value": 6.065462,
        "relative_strength": -0.180568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.517536,
        "energy": 49.91871,
        "activity_lines": [
          7.169333,
          7.161182,
          7.0663,
          6.936873
        ]
      },
      {
        "date": "2025-12-12",
        "close": 7.154,
        "volume": 3197,
        "typical_volume": 15081.05,
        "trend": 6.786467,
        "fair_value": 6.076372,
        "relative_strength": -0.815408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.666112,
        "energy": 42.050353,
        "activity_lines": [
          7.1666,
          7.164855,
          7.085386,
          6.96232
        ]
      },
      {
        "date": "2025-12-19",
        "close": 7.167,
        "volume": 17353,
        "typical_volume": 15016.8,
        "trend": 6.815033,
        "fair_value": 6.088314,
        "relative_strength": -3.107902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.190121,
        "energy": 38.151799,
        "activity_lines": [
          7.166267,
          7.169436,
          7.102629,
          6.986871
        ]
      },
      {
        "date": "2025-12-26",
        "close": 7.251,
        "volume": 17219,
        "typical_volume": 14992.35,
        "trend": 6.844633,
        "fair_value": 6.100795,
        "relative_strength": -1.382117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.727122,
        "energy": 44.04616,
        "activity_lines": [
          7.199,
          7.184818,
          7.12461,
          7.014998
        ]
      },
      {
        "date": "2026-01-02",
        "close": 7.384,
        "volume": 27737,
        "typical_volume": 16056.7,
        "trend": 6.8771,
        "fair_value": 6.114013,
        "relative_strength": -0.988172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.827164,
        "energy": 51.406047,
        "activity_lines": [
          7.262467,
          7.221182,
          7.156667,
          7.049796
        ]
      },
      {
        "date": "2026-01-09",
        "close": 7.684,
        "volume": 42605,
        "typical_volume": 16884.1,
        "trend": 6.921167,
        "fair_value": 6.128955,
        "relative_strength": 2.398508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.33098,
        "energy": 78.100755,
        "activity_lines": [
          7.413133,
          7.307945,
          7.21439,
          7.101854
        ]
      },
      {
        "date": "2026-01-16",
        "close": 7.818,
        "volume": 47408,
        "typical_volume": 19021.65,
        "trend": 6.971267,
        "fair_value": 6.144006,
        "relative_strength": 4.070936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.347423,
        "energy": 93.932647,
        "activity_lines": [
          7.576467,
          7.412109,
          7.28089,
          7.159714
        ]
      },
      {
        "date": "2026-01-23",
        "close": 7.73,
        "volume": 38481,
        "typical_volume": 20678.15,
        "trend": 7.015167,
        "fair_value": 6.157506,
        "relative_strength": 5.188454,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.560274,
        "energy": 90.091006,
        "activity_lines": [
          7.6662,
          7.487673,
          7.334238,
          7.208665
        ]
      },
      {
        "date": "2026-01-30",
        "close": 7.863,
        "volume": 40266,
        "typical_volume": 20698.3,
        "trend": 7.062833,
        "fair_value": 6.171942,
        "relative_strength": 5.446604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.405405,
        "energy": 92.616904,
        "activity_lines": [
          7.762733,
          7.578564,
          7.395619,
          7.263363
        ]
      },
      {
        "date": "2026-02-06",
        "close": 8.033,
        "volume": 49888,
        "typical_volume": 23000.75,
        "trend": 7.118333,
        "fair_value": 6.187397,
        "relative_strength": 6.929787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.527264,
        "energy": 94.077938,
        "activity_lines": [
          7.875133,
          7.685527,
          7.468848,
          7.325955
        ]
      },
      {
        "date": "2026-02-13",
        "close": 8.354,
        "volume": 88196,
        "typical_volume": 27056.5,
        "trend": 7.183667,
        "fair_value": 6.205622,
        "relative_strength": 12.145108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.223724,
        "energy": 96.116837,
        "activity_lines": [
          8.051267,
          7.835564,
          7.567624,
          7.405675
        ]
      },
      {
        "date": "2026-02-20",
        "close": 8.465,
        "volume": 74416,
        "typical_volume": 29435.95,
        "trend": 7.248933,
        "fair_value": 6.22509,
        "relative_strength": 10.952048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.138613,
        "energy": 96.606921,
        "activity_lines": [
          8.219733,
          7.984873,
          7.670119,
          7.488342
        ]
      },
      {
        "date": "2026-02-27",
        "close": 8.675,
        "volume": 96877,
        "typical_volume": 34108.2,
        "trend": 7.322033,
        "fair_value": 6.245904,
        "relative_strength": 11.717569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.210511,
        "energy": 96.81169,
        "activity_lines": [
          8.415067,
          8.148527,
          7.78599,
          7.580346
        ]
      },
      {
        "date": "2026-03-06",
        "close": 8.039,
        "volume": 83190,
        "typical_volume": 37599.15,
        "trend": 7.366433,
        "fair_value": 6.262603,
        "relative_strength": 10.440551,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.92206,
        "energy": 67.56564,
        "activity_lines": [
          8.3354,
          8.169127,
          7.832938,
          7.626602
        ]
      },
      {
        "date": "2026-03-13",
        "close": 7.965,
        "volume": 32672,
        "typical_volume": 38938.25,
        "trend": 7.406133,
        "fair_value": 6.279333,
        "relative_strength": 8.791848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.300986,
        "energy": 59.296196,
        "activity_lines": [
          8.219333,
          8.161945,
          7.868248,
          7.665219
        ]
      },
      {
        "date": "2026-03-20",
        "close": 7.851,
        "volume": 41317,
        "typical_volume": 39447.55,
        "trend": 7.4396,
        "fair_value": 6.295442,
        "relative_strength": 10.667377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.564232,
        "energy": 38.444821,
        "activity_lines": [
          8.0698,
          8.123473,
          7.888848,
          7.69392
        ]
      },
      {
        "date": "2026-03-27",
        "close": 7.739,
        "volume": 31474,
        "typical_volume": 40209.65,
        "trend": 7.470367,
        "fair_value": 6.310404,
        "relative_strength": 7.5631,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.618296,
        "energy": 28.746612,
        "activity_lines": [
          7.916467,
          8.0616,
          7.896162,
          7.713237
        ]
      },
      {
        "date": "2026-04-03",
        "close": 7.931,
        "volume": 66727,
        "typical_volume": 42418.35,
        "trend": 7.5095,
        "fair_value": 6.326301,
        "relative_strength": 4.664798,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.464716,
        "energy": 26.238353,
        "activity_lines": [
          7.875533,
          8.036073,
          7.918838,
          7.742955
        ]
      },
      {
        "date": "2026-04-10",
        "close": 8.314,
        "volume": 26958,
        "typical_volume": 42691.55,
        "trend": 7.554933,
        "fair_value": 6.344724,
        "relative_strength": 5.023499,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.439156,
        "energy": 25.305867,
        "activity_lines": [
          8.011867,
          8.076527,
          7.974714,
          7.794858
        ]
      },
      {
        "date": "2026-04-17",
        "close": 8.6,
        "volume": 41049,
        "typical_volume": 43535.15,
        "trend": 7.609,
        "fair_value": 6.364846,
        "relative_strength": 5.666219,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.849871,
        "energy": 43.977449,
        "activity_lines": [
          8.2252,
          8.160782,
          8.051795,
          7.862282
        ]
      },
      {
        "date": "2026-04-24",
        "close": 8.407,
        "volume": 25523,
        "typical_volume": 44627.65,
        "trend": 7.658733,
        "fair_value": 6.384288,
        "relative_strength": 5.730033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.585968,
        "energy": 51.443195,
        "activity_lines": [
          8.331867,
          8.199636,
          8.10379,
          7.913766
        ]
      },
      {
        "date": "2026-05-01",
        "close": 8.555,
        "volume": 19671,
        "typical_volume": 45451.35,
        "trend": 7.7081,
        "fair_value": 6.404269,
        "relative_strength": 6.082505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.955676,
        "energy": 69.273156,
        "activity_lines": [
          8.4508,
          8.264436,
          8.164152,
          7.971589
        ]
      },
      {
        "date": "2026-05-08",
        "close": 9.135,
        "volume": 35510,
        "typical_volume": 46359.2,
        "trend": 7.7819,
        "fair_value": 6.427968,
        "relative_strength": 10.535325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.908805,
        "energy": 84.504771,
        "activity_lines": [
          8.708667,
          8.433055,
          8.273081,
          8.063647
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9.105,
        "volume": 35344,
        "typical_volume": 47265.45,
        "trend": 7.849567,
        "fair_value": 6.450397,
        "relative_strength": 10.192778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.580069,
        "energy": 85.656306,
        "activity_lines": [
          8.876267,
          8.587855,
          8.369781,
          8.149009
        ]
      },
      {
        "date": "2026-05-22",
        "close": 9.265,
        "volume": 34899,
        "typical_volume": 47623.55,
        "trend": 7.919867,
        "fair_value": 6.474,
        "relative_strength": 10.888773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.610513,
        "energy": 87.763337,
        "activity_lines": [
          9.044467,
          8.752364,
          8.47289,
          8.240327
        ]
      },
      {
        "date": "2026-05-29",
        "close": 9.616,
        "volume": 91205,
        "typical_volume": 50053.55,
        "trend": 7.997033,
        "fair_value": 6.499853,
        "relative_strength": 13.447471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.314091,
        "energy": 93.343265,
        "activity_lines": [
          9.285333,
          8.957055,
          8.600471,
          8.349755
        ]
      },
      {
        "date": "2026-06-05",
        "close": 9.374,
        "volume": 11946,
        "typical_volume": 48280.45,
        "trend": 8.072,
        "fair_value": 6.523788,
        "relative_strength": 10.535044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.603417,
        "energy": 87.025523,
        "activity_lines": [
          9.364933,
          9.085655,
          8.695805,
          8.438591
        ]
      },
      {
        "date": "2026-06-12",
        "close": 9.617,
        "volume": 11109,
        "typical_volume": 46911.85,
        "trend": 8.151133,
        "fair_value": 6.549282,
        "relative_strength": 9.553009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.828891,
        "energy": 89.787486,
        "activity_lines": [
          9.470933,
          9.228709,
          8.806871,
          8.538269
        ]
      },
      {
        "date": "2026-06-19",
        "close": 10.17,
        "volume": 5931,
        "typical_volume": 45195.1,
        "trend": 8.255233,
        "fair_value": 6.578577,
        "relative_strength": 12.489478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.839684,
        "energy": 95.14994,
        "activity_lines": [
          9.729133,
          9.441655,
          8.961619,
          8.668518
        ]
      },
      {
        "date": "2026-06-26",
        "close": 9.928,
        "volume": 19700,
        "typical_volume": 43685.7,
        "trend": 8.346433,
        "fair_value": 6.606321,
        "relative_strength": 12.796266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.290167,
        "energy": 87.1415,
        "activity_lines": [
          9.835667,
          9.576855,
          9.082333,
          8.776439
        ]
      },
      {
        "date": "2026-07-03",
        "close": 9.836,
        "volume": 24738,
        "typical_volume": 40512.8,
        "trend": 8.434167,
        "fair_value": 6.634147,
        "relative_strength": 8.174045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.925941,
        "energy": 81.685314,
        "activity_lines": [
          9.867333,
          9.671182,
          9.185262,
          8.87254
        ]
      },
      {
        "date": "2026-07-10",
        "close": 9.731,
        "volume": 97379,
        "typical_volume": 41660.95,
        "trend": 8.520067,
        "fair_value": 6.661301,
        "relative_strength": 7.124396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.079804,
        "energy": 65.902362,
        "activity_lines": [
          9.849333,
          9.720436,
          9.271133,
          8.956206
        ]
      },
      {
        "date": "2026-07-17",
        "close": 9.08,
        "volume": 62474,
        "typical_volume": 39940.8,
        "trend": 8.583833,
        "fair_value": 6.683532,
        "relative_strength": 1.183285,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.12026,
        "energy": 45.425698,
        "activity_lines": [
          9.590533,
          9.629945,
          9.288976,
          8.992331
        ]
      },
      {
        "date": "2026-07-24",
        "close": 9.281,
        "volume": 61384,
        "typical_volume": 38850.5,
        "trend": 8.6515,
        "fair_value": 6.706263,
        "relative_strength": 3.360054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.735669,
        "energy": 28.84212,
        "activity_lines": [
          9.434533,
          9.577,
          9.324033,
          9.03731
        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.066,
        "volume": 129407,
        "typical_volume": 43687.25,
        "trend": 8.707567,
        "fair_value": 6.727974,
        "relative_strength": 0.120101,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.4263,
        "energy": 27.373984,
        "activity_lines": [
          9.266133,
          9.481764,
          9.3327,
          9.064052
        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.386,
        "volume": 165529,
        "typical_volume": 49897.85,
        "trend": 8.7643,
        "fair_value": 6.752564,
        "relative_strength": 0.523209,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.886755,
        "energy": 27.097461,
        "activity_lines": [
          9.261867,
          9.448327,
          9.3666,
          9.107822
        ]
      }
    ],
    "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."
    }
  }
}