{
  "ticker": {
    "uuid": "90d4e948-9ee6-4612-b197-83aa6c618011",
    "symbol": "601155",
    "name": "Seazen Holdings Co., Ltd",
    "exchange": "SHH",
    "country": "CN",
    "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": "000001.SS",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -46.025,
    "architecture_energy": 40.467,
    "architecture_maturity": 83.982,
    "architecture_confidence": 63.41,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 26.68,
        "rotation_up": 26.83,
        "upward_expansion": 18.74,
        "deceleration": 66.79,
        "rotation_down": 35.39,
        "downward_expansion": 64.07
      },
      "activity_lines": [
        11.075333,
        10.989273,
        11.835571,
        12.648065
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 11.02,
    "trend_reference": 13.711667,
    "distance_from_trend": -0.196305,
    "trend_direction": "Weakening",
    "fair_value": 12.778526,
    "distance_from_fair_value": -0.137616,
    "fair_value_direction": "Weakening",
    "relative_strength": -22.149504,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.376697,
    "excess_performance": -0.333493,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.196305,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.074078,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.137616,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.324167,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.221495,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.18135,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.376697,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.811542,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 105702126,
      "relative_activity": 1.479413,
      "balance": 0.811542,
      "dry_up": 1.350289,
      "accumulation_observations": 4,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.099679,
      "annualized_volatility": 0.344848,
      "from_high_reference": -0.399455,
      "from_low_reference": 0.102
    },
    "levels": {
      "trend_reference": 13.711667,
      "fair_value_reference": 12.778526,
      "structural_low": 10.0,
      "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": 35,
        "median_return": -0.039363,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.043542,
        "regime_survival": 0.828571,
        "best_return": 0.469697,
        "worst_return": -0.297907,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.089231,
        "positive_rate": 0.181818,
        "directional_follow_through": 0.818182,
        "median_excess_return": -0.078599,
        "regime_survival": 0.636364,
        "best_return": 0.455021,
        "worst_return": -0.229008,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.145307,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.107829,
        "regime_survival": 0.666667,
        "best_return": 0.721535,
        "worst_return": -0.457874,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.298629,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.233683,
        "regime_survival": 0.333333,
        "best_return": 0.042264,
        "worst_return": -0.394154,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-28",
        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.032787,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.046708,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-07-11",
        "tenure": "Established",
        "return": 0.16718,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.013908,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-09-26",
        "tenure": "New",
        "return": 0.028369,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-03",
        "end": "2025-10-24",
        "tenure": "New",
        "return": -0.079385,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-31",
        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.023994,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-14",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": -0.059946,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-19",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": 0.213531,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-13",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.15802,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.019048,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-17",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.004759,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-05-29",
        "tenure": "New",
        "return": -0.151358,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.063721,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 16.299999,
        "volume": 304726078,
        "typical_volume": 106924197.95,
        "trend": 16.992333,
        "fair_value": 28.922278,
        "relative_strength": -12.039082,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.360252,
        "energy": 20.440753,
        "activity_lines": [
          14.933333,
          14.668909,
          14.904524,
          15.659914
        ]
      },
      {
        "date": "2023-08-04",
        "close": 16.629999,
        "volume": 276606394,
        "typical_volume": 116389003.9,
        "trend": 16.863333,
        "fair_value": 28.831364,
        "relative_strength": -10.225844,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 1.393758,
        "energy": 12.794375,
        "activity_lines": [
          15.598666,
          15.043818,
          15.025571,
          15.636538
        ]
      },
      {
        "date": "2023-08-11",
        "close": 15.44,
        "volume": 146332846,
        "typical_volume": 118447401.05,
        "trend": 16.628333,
        "fair_value": 28.730876,
        "relative_strength": -13.597217,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.918928,
        "energy": 20.663874,
        "activity_lines": [
          15.719333,
          15.158545,
          15.035,
          15.54471
        ]
      },
      {
        "date": "2023-08-18",
        "close": 14.58,
        "volume": 127234939,
        "typical_volume": 119862130.25,
        "trend": 16.382667,
        "fair_value": 28.617332,
        "relative_strength": -16.526693,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.048461,
        "energy": 20.524302,
        "activity_lines": [
          15.454,
          15.105818,
          14.971667,
          15.412559
        ]
      },
      {
        "date": "2023-08-25",
        "close": 13.81,
        "volume": 101414701,
        "typical_volume": 119963493.0,
        "trend": 16.122333,
        "fair_value": 28.502197,
        "relative_strength": -18.762867,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.126687,
        "energy": 20.947373,
        "activity_lines": [
          14.883333,
          14.913272,
          14.843381,
          15.246581
        ]
      },
      {
        "date": "2023-09-01",
        "close": 14.82,
        "volume": 171145793,
        "typical_volume": 122655449.8,
        "trend": 15.943667,
        "fair_value": 28.383682,
        "relative_strength": -14.18955,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.900853,
        "energy": 24.217133,
        "activity_lines": [
          14.706,
          14.927091,
          14.828095,
          15.162559
        ]
      },
      {
        "date": "2023-09-08",
        "close": 14.45,
        "volume": 167861921,
        "typical_volume": 126126595.25,
        "trend": 15.741,
        "fair_value": 28.257869,
        "relative_strength": -15.419856,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.549992,
        "energy": 29.261048,
        "activity_lines": [
          14.504,
          14.855273,
          14.787571,
          15.066193
        ]
      },
      {
        "date": "2023-09-15",
        "close": 13.81,
        "volume": 111532102,
        "typical_volume": 128199325.65,
        "trend": 15.573667,
        "fair_value": 28.127405,
        "relative_strength": -18.637422,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.911863,
        "energy": 44.972153,
        "activity_lines": [
          14.234,
          14.666364,
          14.690524,
          14.941613
        ]
      },
      {
        "date": "2023-09-22",
        "close": 13.69,
        "volume": 67002546,
        "typical_volume": 128636255.65,
        "trend": 15.376667,
        "fair_value": 28.005297,
        "relative_strength": -19.009376,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.728102,
        "energy": 49.713613,
        "activity_lines": [
          14.032667,
          14.458182,
          14.587095,
          14.820086
        ]
      },
      {
        "date": "2023-09-29",
        "close": 13.25,
        "volume": 54460647,
        "typical_volume": 126455783.85,
        "trend": 15.175333,
        "fair_value": 27.888823,
        "relative_strength": -20.343396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.057528,
        "energy": 61.005093,
        "activity_lines": [
          13.744,
          14.172909,
          14.452905,
          14.682882
        ]
      },
      {
        "date": "2023-10-13",
        "close": 12.38,
        "volume": 89548300,
        "typical_volume": 127891004.15,
        "trend": 15.001333,
        "fair_value": 27.756857,
        "relative_strength": -24.476984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.386516,
        "energy": 73.011132,
        "activity_lines": [
          13.202667,
          13.755091,
          14.247238,
          14.502538
        ]
      },
      {
        "date": "2023-10-20",
        "close": 11.74,
        "volume": 83987778,
        "typical_volume": 127822947.4,
        "trend": 14.826333,
        "fair_value": 27.62012,
        "relative_strength": -25.360731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.64461,
        "energy": 80.255957,
        "activity_lines": [
          12.610667,
          13.292182,
          13.991333,
          14.292129
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.95,
        "volume": 70232973,
        "typical_volume": 126308399.15,
        "trend": 14.646,
        "fair_value": 27.484059,
        "relative_strength": -24.485127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.704432,
        "energy": 80.978026,
        "activity_lines": [
          12.269333,
          12.956364,
          13.767238,
          14.106559
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.76,
        "volume": 65646792,
        "typical_volume": 122518578.9,
        "trend": 14.493333,
        "fair_value": 27.348971,
        "relative_strength": -25.681256,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.85737,
        "energy": 85.72041,
        "activity_lines": [
          11.988667,
          12.649455,
          13.538762,
          13.920366
        ]
      },
      {
        "date": "2023-11-10",
        "close": 12.25,
        "volume": 98999128,
        "typical_volume": 122641499.15,
        "trend": 14.323667,
        "fair_value": 27.21897,
        "relative_strength": -22.592759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.480326,
        "energy": 80.898126,
        "activity_lines": [
          12.0,
          12.482909,
          13.370429,
          13.775634
        ]
      },
      {
        "date": "2023-11-17",
        "close": 12.19,
        "volume": 59740114,
        "typical_volume": 122806406.0,
        "trend": 14.166,
        "fair_value": 27.090348,
        "relative_strength": -23.151,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.978933,
        "energy": 72.415675,
        "activity_lines": [
          12.058,
          12.333818,
          13.209762,
          13.637978
        ]
      },
      {
        "date": "2023-11-24",
        "close": 13.8,
        "volume": 178719606,
        "typical_volume": 123396744.8,
        "trend": 14.113333,
        "fair_value": 26.98105,
        "relative_strength": -12.113969,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.424636,
        "energy": 33.383404,
        "activity_lines": [
          12.665333,
          12.525273,
          13.210143,
          13.614366
        ]
      },
      {
        "date": "2023-12-01",
        "close": 12.8,
        "volume": 109707826,
        "typical_volume": 123964338.05,
        "trend": 14.044333,
        "fair_value": 26.85202,
        "relative_strength": -17.517069,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.975697,
        "energy": 24.095161,
        "activity_lines": [
          12.802,
          12.546727,
          13.11819,
          13.529634
        ]
      },
      {
        "date": "2023-12-08",
        "close": 11.93,
        "volume": 77016352,
        "typical_volume": 123672278.85,
        "trend": 13.907667,
        "fair_value": 26.719724,
        "relative_strength": -20.617334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.588451,
        "energy": 31.257316,
        "activity_lines": [
          12.592,
          12.428364,
          12.948857,
          13.393226
        ]
      },
      {
        "date": "2023-12-15",
        "close": 12.29,
        "volume": 93427049,
        "typical_volume": 122767194.25,
        "trend": 13.796,
        "fair_value": 26.587425,
        "relative_strength": -16.652816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.304759,
        "energy": 26.858273,
        "activity_lines": [
          12.490667,
          12.407455,
          12.822952,
          13.28886
        ]
      },
      {
        "date": "2023-12-22",
        "close": 11.51,
        "volume": 60874673,
        "typical_volume": 110574624.0,
        "trend": 13.692,
        "fair_value": 26.448909,
        "relative_strength": -20.132301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.907222,
        "energy": 51.885984,
        "activity_lines": [
          12.126667,
          12.262182,
          12.634048,
          13.141376
        ]
      },
      {
        "date": "2023-12-29",
        "close": 11.41,
        "volume": 62841990,
        "typical_volume": 99886403.8,
        "trend": 13.598333,
        "fair_value": 26.30373,
        "relative_strength": -21.451269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.580012,
        "energy": 68.716739,
        "activity_lines": [
          11.774667,
          12.114545,
          12.458429,
          12.99415
        ]
      },
      {
        "date": "2024-01-05",
        "close": 10.98,
        "volume": 42441123,
        "typical_volume": 94691817.65,
        "trend": 13.47,
        "fair_value": 26.164188,
        "relative_strength": -22.274702,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.532134,
        "energy": 76.251541,
        "activity_lines": [
          11.438667,
          11.894727,
          12.266714,
          12.825226
        ]
      },
      {
        "date": "2024-01-12",
        "close": 10.48,
        "volume": 60640341,
        "typical_volume": 91362087.75,
        "trend": 13.333,
        "fair_value": 26.01615,
        "relative_strength": -23.686286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.732507,
        "energy": 86.540907,
        "activity_lines": [
          11.057333,
          11.601636,
          12.048619,
          12.632323
        ]
      },
      {
        "date": "2024-01-19",
        "close": 10.27,
        "volume": 58004643,
        "typical_volume": 89191584.85,
        "trend": 13.173333,
        "fair_value": 25.875525,
        "relative_strength": -22.814094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.47497,
        "energy": 89.156928,
        "activity_lines": [
          10.702667,
          11.293636,
          11.830048,
          12.43471
        ]
      },
      {
        "date": "2024-01-26",
        "close": 11.18,
        "volume": 113581108,
        "typical_volume": 86313350.6,
        "trend": 13.085667,
        "fair_value": 25.735319,
        "relative_strength": -17.198986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.037759,
        "energy": 68.156856,
        "activity_lines": [
          10.786,
          11.187091,
          11.715,
          12.306108
        ]
      },
      {
        "date": "2024-02-02",
        "close": 9.64,
        "volume": 119054902,
        "typical_volume": 83872999.65,
        "trend": 12.926667,
        "fair_value": 25.589561,
        "relative_strength": -22.907742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.43348,
        "energy": 63.540081,
        "activity_lines": [
          10.378,
          10.818909,
          11.470619,
          12.083806
        ]
      },
      {
        "date": "2024-02-09",
        "close": 9.74,
        "volume": 126244390,
        "typical_volume": 84608614.05,
        "trend": 12.786333,
        "fair_value": 25.433798,
        "relative_strength": -24.919595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.870847,
        "energy": 59.028123,
        "activity_lines": [
          10.121333,
          10.544545,
          11.258667,
          11.878215
        ]
      },
      {
        "date": "2024-02-23",
        "close": 10.43,
        "volume": 125869936,
        "typical_volume": 87551983.55,
        "trend": 12.672333,
        "fair_value": 25.230266,
        "relative_strength": -22.387723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.067024,
        "energy": 49.664674,
        "activity_lines": [
          10.177333,
          10.451273,
          11.13181,
          11.726194
        ]
      },
      {
        "date": "2024-03-01",
        "close": 10.35,
        "volume": 101982095,
        "typical_volume": 89928055.95,
        "trend": 12.528667,
        "fair_value": 25.039604,
        "relative_strength": -22.741915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.1246,
        "energy": 49.842231,
        "activity_lines": [
          10.21,
          10.370727,
          11.012857,
          11.576366
        ]
      },
      {
        "date": "2024-03-08",
        "close": 9.68,
        "volume": 91446365,
        "typical_volume": 90022959.2,
        "trend": 12.308,
        "fair_value": 24.835826,
        "relative_strength": -27.302676,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.298063,
        "energy": 50.870017,
        "activity_lines": [
          10.014,
          10.203636,
          10.843905,
          11.392581
        ]
      },
      {
        "date": "2024-03-15",
        "close": 10.13,
        "volume": 106685746,
        "typical_volume": 91157857.6,
        "trend": 12.091333,
        "fair_value": 24.633108,
        "relative_strength": -23.301205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.837909,
        "energy": 41.656205,
        "activity_lines": [
          10.068,
          10.151636,
          10.730667,
          11.252065
        ]
      },
      {
        "date": "2024-03-22",
        "close": 9.8,
        "volume": 72516882,
        "typical_volume": 91272053.05,
        "trend": 11.903333,
        "fair_value": 24.415987,
        "relative_strength": -24.892926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.71291,
        "energy": 44.354463,
        "activity_lines": [
          9.979333,
          10.062909,
          10.593667,
          11.104237
        ]
      },
      {
        "date": "2024-03-29",
        "close": 9.49,
        "volume": 84670987,
        "typical_volume": 92223262.8,
        "trend": 11.733667,
        "fair_value": 24.16689,
        "relative_strength": -26.408197,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.612147,
        "energy": 48.187997,
        "activity_lines": [
          9.783333,
          9.939273,
          10.437381,
          10.948538
        ]
      },
      {
        "date": "2024-04-05",
        "close": 9.22,
        "volume": 55244629,
        "typical_volume": 90035537.85,
        "trend": 11.580667,
        "fair_value": 23.94009,
        "relative_strength": -28.40652,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.169522,
        "energy": 49.609451,
        "activity_lines": [
          9.56,
          9.784545,
          10.26619,
          10.786366
        ]
      },
      {
        "date": "2024-04-12",
        "close": 8.38,
        "volume": 73924498,
        "typical_volume": 90744757.05,
        "trend": 11.366,
        "fair_value": 23.714049,
        "relative_strength": -33.176372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.910645,
        "energy": 69.953557,
        "activity_lines": [
          9.132,
          9.496182,
          10.029429,
          10.579871
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8.08,
        "volume": 76023684,
        "typical_volume": 85609960.95,
        "trend": 11.153667,
        "fair_value": 23.489734,
        "relative_strength": -35.76521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.003868,
        "energy": 79.567788,
        "activity_lines": [
          8.690667,
          9.204182,
          9.782238,
          10.367871
        ]
      },
      {
        "date": "2024-04-26",
        "close": 9.11,
        "volume": 87235840,
        "typical_volume": 84486361.65,
        "trend": 10.997,
        "fair_value": 23.271475,
        "relative_strength": -27.404029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.843407,
        "energy": 64.373155,
        "activity_lines": [
          8.729333,
          9.127818,
          9.660381,
          10.236022
        ]
      },
      {
        "date": "2024-05-03",
        "close": 9.85,
        "volume": 98710611,
        "typical_volume": 85571074.6,
        "trend": 10.869,
        "fair_value": 23.031072,
        "relative_strength": -21.363146,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.674633,
        "energy": 46.641758,
        "activity_lines": [
          9.060667,
          9.197455,
          9.626571,
          10.162022
        ]
      },
      {
        "date": "2024-05-10",
        "close": 10.9,
        "volume": 301264071,
        "typical_volume": 95962925.7,
        "trend": 10.790667,
        "fair_value": 22.810479,
        "relative_strength": -13.934019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.394221,
        "energy": 15.139084,
        "activity_lines": [
          9.718,
          9.468545,
          9.702667,
          10.164022
        ]
      },
      {
        "date": "2024-05-17",
        "close": 12.44,
        "volume": 306548941,
        "typical_volume": 108246639.1,
        "trend": 10.792667,
        "fair_value": 22.601339,
        "relative_strength": -1.350134,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 22.931825,
        "energy": 34.403574,
        "activity_lines": [
          10.776667,
          10.009636,
          9.932048,
          10.27043
        ]
      },
      {
        "date": "2024-05-24",
        "close": 11.27,
        "volume": 221153343,
        "typical_volume": 116162206.75,
        "trend": 10.777,
        "fair_value": 22.389809,
        "relative_strength": -8.244059,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.122173,
        "energy": 40.03465,
        "activity_lines": [
          11.174667,
          10.287818,
          10.045571,
          10.301226
        ]
      },
      {
        "date": "2024-05-31",
        "close": 10.64,
        "volume": 114289321,
        "typical_volume": 119754616.65,
        "trend": 10.733333,
        "fair_value": 22.184034,
        "relative_strength": -12.890596,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.038712,
        "energy": 38.134405,
        "activity_lines": [
          11.15,
          10.430727,
          10.099762,
          10.292387
        ]
      },
      {
        "date": "2024-06-07",
        "close": 10.11,
        "volume": 120540986,
        "typical_volume": 122749648.9,
        "trend": 10.678333,
        "fair_value": 21.98058,
        "relative_strength": -15.810354,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.408292,
        "energy": 29.548174,
        "activity_lines": [
          10.846667,
          10.462,
          10.105095,
          10.252172
        ]
      },
      {
        "date": "2024-06-14",
        "close": 10.0,
        "volume": 137496212,
        "typical_volume": 126724227.35,
        "trend": 10.603333,
        "fair_value": 21.77715,
        "relative_strength": -15.681313,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -11.318144,
        "energy": 9.429741,
        "activity_lines": [
          10.489333,
          10.462,
          10.101714,
          10.208409
        ]
      },
      {
        "date": "2024-06-21",
        "close": 9.29,
        "volume": 111576606,
        "typical_volume": 126624002.25,
        "trend": 10.506667,
        "fair_value": 21.548,
        "relative_strength": -20.210925,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.792864,
        "energy": 28.283866,
        "activity_lines": [
          9.955333,
          10.318727,
          10.032,
          10.123677
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8.87,
        "volume": 95279679,
        "typical_volume": 125435241.1,
        "trend": 10.342333,
        "fair_value": 21.308007,
        "relative_strength": -22.409888,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -54.009803,
        "energy": 39.50112,
        "activity_lines": [
          9.491333,
          10.082545,
          9.931286,
          10.018086
        ]
      },
      {
        "date": "2024-07-05",
        "close": 9.09,
        "volume": 108402379,
        "typical_volume": 124543140.55,
        "trend": 10.218667,
        "fair_value": 21.081833,
        "relative_strength": -19.517566,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.720781,
        "energy": 39.75838,
        "activity_lines": [
          9.260667,
          9.872,
          9.85519,
          9.93729
        ]
      },
      {
        "date": "2024-07-12",
        "close": 9.68,
        "volume": 116313321,
        "typical_volume": 124065309.8,
        "trend": 10.143667,
        "fair_value": 20.870148,
        "relative_strength": -14.37559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.589345,
        "energy": 44.314002,
        "activity_lines": [
          9.33,
          9.769091,
          9.838381,
          9.902538
        ]
      },
      {
        "date": "2024-07-19",
        "close": 9.56,
        "volume": 116716355,
        "typical_volume": 124802022.8,
        "trend": 10.052667,
        "fair_value": 20.666939,
        "relative_strength": -15.253154,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.762654,
        "energy": 36.866651,
        "activity_lines": [
          9.388,
          9.647455,
          9.813714,
          9.864882
        ]
      },
      {
        "date": "2024-07-26",
        "close": 9.34,
        "volume": 79495051,
        "typical_volume": 124204457.1,
        "trend": 9.980333,
        "fair_value": 20.465727,
        "relative_strength": -14.128255,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.652564,
        "energy": 28.652418,
        "activity_lines": [
          9.402,
          9.510182,
          9.771857,
          9.818903
        ]
      },
      {
        "date": "2024-08-02",
        "close": 9.29,
        "volume": 89116628,
        "typical_volume": 123326001.2,
        "trend": 9.909667,
        "fair_value": 20.269061,
        "relative_strength": -14.386586,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.618379,
        "energy": 25.72686,
        "activity_lines": [
          9.396,
          9.420182,
          9.726857,
          9.774366
        ]
      },
      {
        "date": "2024-08-09",
        "close": 10.25,
        "volume": 120672984,
        "typical_volume": 125733806.3,
        "trend": 9.885333,
        "fair_value": 20.087308,
        "relative_strength": -3.422234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.63454,
        "energy": 10.419718,
        "activity_lines": [
          9.682,
          9.540727,
          9.777286,
          9.796323
        ]
      },
      {
        "date": "2024-08-16",
        "close": 9.36,
        "volume": 86491254,
        "typical_volume": 125824819.65,
        "trend": 9.848,
        "fair_value": 19.903974,
        "relative_strength": -11.506597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.495868,
        "energy": 16.35311,
        "activity_lines": [
          9.594,
          9.506545,
          9.74081,
          9.76243
        ]
      },
      {
        "date": "2024-08-23",
        "close": 9.3,
        "volume": 80730726,
        "typical_volume": 127099124.5,
        "trend": 9.815667,
        "fair_value": 19.732372,
        "relative_strength": -10.560582,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.343659,
        "energy": 17.369202,
        "activity_lines": [
          9.507333,
          9.475091,
          9.699238,
          9.727075
        ]
      },
      {
        "date": "2024-08-30",
        "close": 10.26,
        "volume": 96451954,
        "typical_volume": 128225497.3,
        "trend": 9.785,
        "fair_value": 19.595128,
        "relative_strength": -0.356294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.364367,
        "energy": 11.513989,
        "activity_lines": [
          9.758,
          9.630909,
          9.748714,
          9.755742
        ]
      },
      {
        "date": "2024-09-06",
        "close": 10.35,
        "volume": 115321597,
        "typical_volume": 130190392.95,
        "trend": 9.808667,
        "fair_value": 19.453141,
        "relative_strength": 3.71579,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.24218,
        "energy": 10.951291,
        "activity_lines": [
          9.977333,
          9.785455,
          9.79781,
          9.792194
        ]
      },
      {
        "date": "2024-09-13",
        "close": 9.66,
        "volume": 76230530,
        "typical_volume": 129640127.45,
        "trend": 9.806,
        "fair_value": 19.280769,
        "relative_strength": -0.374593,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.844959,
        "energy": 6.613174,
        "activity_lines": [
          9.896,
          9.787636,
          9.770381,
          9.782602
        ]
      },
      {
        "date": "2024-09-20",
        "close": 10.36,
        "volume": 102484444,
        "typical_volume": 129828819.1,
        "trend": 9.803667,
        "fair_value": 19.119167,
        "relative_strength": 6.051038,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 41.966727,
        "energy": 27.651224,
        "activity_lines": [
          10.087333,
          9.906727,
          9.807,
          9.818344
        ]
      },
      {
        "date": "2024-09-27",
        "close": 13.05,
        "volume": 195701666,
        "typical_volume": 124550698.85,
        "trend": 9.893667,
        "fair_value": 18.988333,
        "relative_strength": 18.542668,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.003073,
        "energy": 72.962372,
        "activity_lines": [
          11.108667,
          10.502545,
          10.097381,
          10.027785
        ]
      },
      {
        "date": "2024-10-04",
        "close": 14.36,
        "volume": 52797079,
        "typical_volume": 111863105.75,
        "trend": 10.049667,
        "fair_value": 18.847308,
        "relative_strength": 20.752104,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.531663,
        "energy": 89.307253,
        "activity_lines": [
          12.316667,
          11.273091,
          10.502286,
          10.315935
        ]
      },
      {
        "date": "2024-10-11",
        "close": 13.81,
        "volume": 279817104,
        "typical_volume": 114796293.8,
        "trend": 10.172333,
        "fair_value": 18.700321,
        "relative_strength": 20.392366,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.46261,
        "energy": 89.239676,
        "activity_lines": [
          13.068,
          11.852364,
          10.845667,
          10.558538
        ]
      },
      {
        "date": "2024-10-18",
        "close": 13.91,
        "volume": 247495133,
        "typical_volume": 121456584.4,
        "trend": 10.309333,
        "fair_value": 18.580192,
        "relative_strength": 19.469826,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.448973,
        "energy": 87.613022,
        "activity_lines": [
          13.622,
          12.367636,
          11.186476,
          10.799677
        ]
      },
      {
        "date": "2024-10-25",
        "close": 13.79,
        "volume": 108713713,
        "typical_volume": 120865220.75,
        "trend": 10.452667,
        "fair_value": 18.434167,
        "relative_strength": 16.916851,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.398186,
        "energy": 85.511759,
        "activity_lines": [
          13.852667,
          12.794545,
          11.500286,
          11.024237
        ]
      },
      {
        "date": "2024-11-01",
        "close": 14.81,
        "volume": 145059126,
        "typical_volume": 121243366.45,
        "trend": 10.639,
        "fair_value": 18.290128,
        "relative_strength": 26.242565,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.246287,
        "energy": 80.512169,
        "activity_lines": [
          14.194667,
          13.326364,
          11.893714,
          11.305355
        ]
      },
      {
        "date": "2024-11-08",
        "close": 15.4,
        "volume": 198597174,
        "typical_volume": 125594394.85,
        "trend": 10.873,
        "fair_value": 18.15968,
        "relative_strength": 24.030364,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.801995,
        "energy": 68.983172,
        "activity_lines": [
          14.616,
          13.865273,
          12.320429,
          11.612516
        ]
      },
      {
        "date": "2024-11-15",
        "close": 13.68,
        "volume": 121709694,
        "typical_volume": 126915895.6,
        "trend": 11.059667,
        "fair_value": 18.01859,
        "relative_strength": 14.152554,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.312099,
        "energy": 55.64618,
        "activity_lines": [
          14.394667,
          13.998,
          12.554238,
          11.793613
        ]
      },
      {
        "date": "2024-11-22",
        "close": 13.01,
        "volume": 122289895,
        "typical_volume": 127610271.4,
        "trend": 11.189667,
        "fair_value": 17.852308,
        "relative_strength": 10.678171,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.046686,
        "energy": 46.272847,
        "activity_lines": [
          13.958667,
          13.948364,
          12.701333,
          11.919441
        ]
      },
      {
        "date": "2024-11-29",
        "close": 13.67,
        "volume": 97031493,
        "typical_volume": 126646180.0,
        "trend": 11.317,
        "fair_value": 17.720449,
        "relative_strength": 14.48326,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.599283,
        "energy": 35.86327,
        "activity_lines": [
          13.802667,
          13.957818,
          12.892619,
          12.079462
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.34,
        "volume": 101754999,
        "typical_volume": 125898112.2,
        "trend": 11.398333,
        "fair_value": 17.616218,
        "relative_strength": 9.349836,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.042587,
        "energy": 24.184869,
        "activity_lines": [
          13.544667,
          13.847091,
          13.033476,
          12.209978
        ]
      },
      {
        "date": "2024-12-13",
        "close": 13.11,
        "volume": 165347002,
        "typical_volume": 130190709.75,
        "trend": 11.420667,
        "fair_value": 17.478397,
        "relative_strength": 7.939185,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.363017,
        "energy": 21.180642,
        "activity_lines": [
          13.308,
          13.689273,
          13.134429,
          12.320409
        ]
      },
      {
        "date": "2024-12-20",
        "close": 12.34,
        "volume": 75935907,
        "typical_volume": 129531673.7,
        "trend": 11.456333,
        "fair_value": 17.340833,
        "relative_strength": 2.600283,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.316578,
        "energy": 18.520047,
        "activity_lines": [
          12.967333,
          13.414182,
          13.144095,
          12.37972
        ]
      },
      {
        "date": "2024-12-27",
        "close": 12.31,
        "volume": 59213195,
        "typical_volume": 126458684.25,
        "trend": 11.512,
        "fair_value": 17.210769,
        "relative_strength": 1.565017,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.846198,
        "energy": 18.525625,
        "activity_lines": [
          12.706,
          13.160364,
          13.136381,
          12.434796
        ]
      },
      {
        "date": "2025-01-03",
        "close": 11.57,
        "volume": 49719481,
        "typical_volume": 124620095.6,
        "trend": 11.560667,
        "fair_value": 17.076795,
        "relative_strength": 1.19602,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.264686,
        "energy": 17.732411,
        "activity_lines": [
          12.244667,
          12.801091,
          13.048381,
          12.438538
        ]
      },
      {
        "date": "2025-01-10",
        "close": 11.13,
        "volume": 60603413,
        "typical_volume": 123613729.95,
        "trend": 11.598333,
        "fair_value": 16.950064,
        "relative_strength": -1.208349,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -14.374119,
        "energy": 31.952817,
        "activity_lines": [
          11.776667,
          12.402182,
          12.907952,
          12.410753
        ]
      },
      {
        "date": "2025-01-17",
        "close": 11.76,
        "volume": 77577277,
        "typical_volume": 122669996.1,
        "trend": 11.680667,
        "fair_value": 16.836987,
        "relative_strength": 2.028389,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -22.023568,
        "energy": 45.180301,
        "activity_lines": [
          11.666,
          12.184727,
          12.81881,
          12.421183
        ]
      },
      {
        "date": "2025-01-24",
        "close": 11.39,
        "volume": 93443707,
        "typical_volume": 121576101.6,
        "trend": 11.764667,
        "fair_value": 16.723462,
        "relative_strength": -1.443709,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.886637,
        "energy": 49.573112,
        "activity_lines": [
          11.522,
          11.966182,
          12.687286,
          12.40243
        ]
      },
      {
        "date": "2025-01-31",
        "close": 11.26,
        "volume": 11121589,
        "typical_volume": 118320654.55,
        "trend": 11.837,
        "fair_value": 16.60891,
        "relative_strength": -2.308205,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.671146,
        "energy": 48.886971,
        "activity_lines": [
          11.398,
          11.765636,
          12.538429,
          12.369871
        ]
      },
      {
        "date": "2025-02-07",
        "close": 11.66,
        "volume": 50779265,
        "typical_volume": 115735395.6,
        "trend": 11.903,
        "fair_value": 16.48141,
        "relative_strength": -0.461921,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.964212,
        "energy": 29.955784,
        "activity_lines": [
          11.477333,
          11.669636,
          12.420048,
          12.358452
        ]
      },
      {
        "date": "2025-02-14",
        "close": 12.27,
        "volume": 116549661,
        "typical_volume": 111777795.35,
        "trend": 11.993333,
        "fair_value": 16.362372,
        "relative_strength": 3.247977,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.35507,
        "energy": 19.514731,
        "activity_lines": [
          11.754,
          11.721091,
          12.353571,
          12.382129
        ]
      },
      {
        "date": "2025-02-21",
        "close": 12.5,
        "volume": 82739815,
        "typical_volume": 113274932.15,
        "trend": 12.098667,
        "fair_value": 16.218397,
        "relative_strength": 4.04659,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -6.919122,
        "energy": 8.603644,
        "activity_lines": [
          12.031333,
          11.833818,
          12.312714,
          12.414817
        ]
      },
      {
        "date": "2025-02-28",
        "close": 13.42,
        "volume": 115318858,
        "typical_volume": 105050019.85,
        "trend": 12.236333,
        "fair_value": 16.091282,
        "relative_strength": 13.281576,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 23.56421,
        "energy": 24.515239,
        "activity_lines": [
          12.566,
          12.124909,
          12.368333,
          12.500065
        ]
      },
      {
        "date": "2025-03-07",
        "close": 13.25,
        "volume": 76120155,
        "typical_volume": 96481270.95,
        "trend": 12.336333,
        "fair_value": 15.943397,
        "relative_strength": 9.689684,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.277596,
        "energy": 36.991324,
        "activity_lines": [
          12.908667,
          12.365455,
          12.409619,
          12.565462
        ]
      },
      {
        "date": "2025-03-14",
        "close": 13.5,
        "volume": 61847096,
        "typical_volume": 94137940.1,
        "trend": 12.474333,
        "fair_value": 15.811539,
        "relative_strength": 9.850184,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 57.149929,
        "energy": 53.300225,
        "activity_lines": [
          13.202,
          12.634364,
          12.477857,
          12.640538
        ]
      },
      {
        "date": "2025-03-21",
        "close": 12.98,
        "volume": 40350268,
        "typical_volume": 88902497.2,
        "trend": 12.597,
        "fair_value": 15.695256,
        "relative_strength": 6.96919,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 31.111387,
        "energy": 44.30111,
        "activity_lines": [
          13.199333,
          12.773636,
          12.497952,
          12.673161
        ]
      },
      {
        "date": "2025-03-28",
        "close": 13.06,
        "volume": 40722650,
        "typical_volume": 81008771.0,
        "trend": 12.690333,
        "fair_value": 15.579936,
        "relative_strength": 7.617202,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.143298,
        "energy": 41.794131,
        "activity_lines": [
          13.176,
          12.893818,
          12.534381,
          12.703032
        ]
      },
      {
        "date": "2025-04-04",
        "close": 12.45,
        "volume": 50950322,
        "typical_volume": 77470802.4,
        "trend": 12.760333,
        "fair_value": 15.496282,
        "relative_strength": 2.483516,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 9.589175,
        "energy": 14.064955,
        "activity_lines": [
          12.912,
          12.879455,
          12.523857,
          12.687527
        ]
      },
      {
        "date": "2025-04-11",
        "close": 12.98,
        "volume": 144740203,
        "typical_volume": 78593317.8,
        "trend": 12.871,
        "fair_value": 15.410962,
        "relative_strength": 9.555885,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.283342,
        "energy": 4.731094,
        "activity_lines": [
          12.889333,
          12.942182,
          12.569667,
          12.701699
        ]
      },
      {
        "date": "2025-04-18",
        "close": 13.74,
        "volume": 127800730,
        "typical_volume": 80131779.65,
        "trend": 12.983667,
        "fair_value": 15.32468,
        "relative_strength": 13.677419,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.705556,
        "energy": 16.679979,
        "activity_lines": [
          13.138,
          13.111818,
          12.688,
          12.757763
        ]
      },
      {
        "date": "2025-04-25",
        "close": 13.68,
        "volume": 117480184,
        "typical_volume": 80918038.9,
        "trend": 13.004667,
        "fair_value": 15.198205,
        "relative_strength": 11.850393,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 21.108383,
        "energy": 18.525181,
        "activity_lines": [
          13.350667,
          13.232727,
          12.800286,
          12.802688
        ]
      },
      {
        "date": "2025-05-02",
        "close": 13.54,
        "volume": 50481304,
        "typical_volume": 75174754.0,
        "trend": 12.977333,
        "fair_value": 15.079936,
        "relative_strength": 10.698154,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 27.313708,
        "energy": 30.638798,
        "activity_lines": [
          13.47,
          13.302545,
          12.897619,
          12.837226
        ]
      },
      {
        "date": "2025-05-09",
        "close": 12.8,
        "volume": 64640595,
        "typical_volume": 74609988.4,
        "trend": 12.943667,
        "fair_value": 14.965769,
        "relative_strength": 2.478492,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.997522,
        "energy": 21.652791,
        "activity_lines": [
          13.310667,
          13.218909,
          12.922429,
          12.825785
        ]
      },
      {
        "date": "2025-05-16",
        "close": 12.7,
        "volume": 51679686,
        "typical_volume": 74233312.95,
        "trend": 12.903333,
        "fair_value": 14.873141,
        "relative_strength": 0.998837,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.121437,
        "energy": 6.526937,
        "activity_lines": [
          13.094667,
          13.128364,
          12.935524,
          12.810065
        ]
      },
      {
        "date": "2025-05-23",
        "close": 12.5,
        "volume": 51410221,
        "typical_volume": 74317849.95,
        "trend": 12.860333,
        "fair_value": 14.775577,
        "relative_strength": -0.068473,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.576966,
        "energy": 9.141123,
        "activity_lines": [
          12.830667,
          13.011455,
          12.927714,
          12.784043
        ]
      },
      {
        "date": "2025-05-30",
        "close": 12.6,
        "volume": 36357399,
        "typical_volume": 73105549.25,
        "trend": 12.786667,
        "fair_value": 14.697244,
        "relative_strength": 0.593407,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.842114,
        "energy": 14.78457,
        "activity_lines": [
          12.682667,
          12.930909,
          12.925,
          12.767247
        ]
      },
      {
        "date": "2025-06-06",
        "close": 12.99,
        "volume": 42627948,
        "typical_volume": 71358082.8,
        "trend": 12.706333,
        "fair_value": 14.622051,
        "relative_strength": 2.271586,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.425171,
        "energy": 12.998914,
        "activity_lines": [
          12.736667,
          12.928182,
          12.952429,
          12.780366
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13.42,
        "volume": 67060978,
        "typical_volume": 70038946.35,
        "trend": 12.697667,
        "fair_value": 14.544936,
        "relative_strength": 5.552646,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.559874,
        "energy": 11.780915,
        "activity_lines": [
          12.970667,
          13.004909,
          13.014952,
          12.826409
        ]
      },
      {
        "date": "2025-06-20",
        "close": 13.6,
        "volume": 58511784,
        "typical_volume": 72408456.1,
        "trend": 12.717333,
        "fair_value": 14.475769,
        "relative_strength": 6.994118,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.700222,
        "energy": 31.409712,
        "activity_lines": [
          13.223333,
          13.096727,
          13.084952,
          12.884624
        ]
      },
      {
        "date": "2025-06-27",
        "close": 13.47,
        "volume": 53732621,
        "typical_volume": 72556123.9,
        "trend": 12.710667,
        "fair_value": 14.404808,
        "relative_strength": 3.483576,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.414676,
        "energy": 37.532186,
        "activity_lines": [
          13.372667,
          13.153636,
          13.131429,
          12.933183
        ]
      },
      {
        "date": "2025-07-04",
        "close": 13.41,
        "volume": 40837407,
        "typical_volume": 68770511.2,
        "trend": 12.713,
        "fair_value": 14.335064,
        "relative_strength": 1.196148,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.370588,
        "energy": 41.44935,
        "activity_lines": [
          13.437333,
          13.204545,
          13.163571,
          12.978301
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15.15,
        "volume": 118609026,
        "typical_volume": 70563971.75,
        "trend": 12.781,
        "fair_value": 14.278205,
        "relative_strength": 12.493862,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 81.302216,
        "energy": 70.717482,
        "activity_lines": [
          14.028,
          13.576727,
          13.356,
          13.135527
        ]
      },
      {
        "date": "2025-07-18",
        "close": 14.38,
        "volume": 82396593,
        "typical_volume": 68917858.5,
        "trend": 12.849,
        "fair_value": 14.211474,
        "relative_strength": 5.58539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.443451,
        "energy": 68.006055,
        "activity_lines": [
          14.218,
          13.779636,
          13.462476,
          13.238688
        ]
      },
      {
        "date": "2025-07-25",
        "close": 15.35,
        "volume": 98534972,
        "typical_volume": 70038599.35,
        "trend": 12.950333,
        "fair_value": 14.150513,
        "relative_strength": 10.279103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.00399,
        "energy": 79.217108,
        "activity_lines": [
          14.667333,
          14.130182,
          13.656762,
          13.400043
        ]
      },
      {
        "date": "2025-08-01",
        "close": 14.45,
        "volume": 95960137,
        "typical_volume": 71744251.4,
        "trend": 13.046333,
        "fair_value": 14.095641,
        "relative_strength": 4.34973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.146914,
        "energy": 70.778786,
        "activity_lines": [
          14.7,
          14.268909,
          13.755333,
          13.496796
        ]
      },
      {
        "date": "2025-08-08",
        "close": 16.0,
        "volume": 71574892,
        "typical_volume": 73305482.6,
        "trend": 13.208667,
        "fair_value": 14.068077,
        "relative_strength": 12.696427,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.899622,
        "energy": 76.359726,
        "activity_lines": [
          15.184,
          14.654,
          13.997,
          13.687355
        ]
      },
      {
        "date": "2025-08-15",
        "close": 16.370001,
        "volume": 68064069,
        "typical_volume": 74672553.55,
        "trend": 13.362333,
        "fair_value": 14.041987,
        "relative_strength": 12.726291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.046756,
        "energy": 80.12448,
        "activity_lines": [
          15.618667,
          15.044546,
          14.259524,
          13.891312
        ]
      },
      {
        "date": "2025-08-22",
        "close": 15.58,
        "volume": 73355625,
        "typical_volume": 75792818.7,
        "trend": 13.502,
        "fair_value": 14.007692,
        "relative_strength": 3.257409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.968331,
        "energy": 60.91781,
        "activity_lines": [
          15.708667,
          15.23,
          14.431048,
          14.034387
        ]
      },
      {
        "date": "2025-08-29",
        "close": 14.83,
        "volume": 134095706,
        "typical_volume": 75260593.85,
        "trend": 13.621,
        "fair_value": 13.978269,
        "relative_strength": -2.643956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.219729,
        "energy": 47.153175,
        "activity_lines": [
          15.468667,
          15.239818,
          14.516238,
          14.120065
        ]
      },
      {
        "date": "2025-09-05",
        "close": 14.18,
        "volume": 103365207,
        "typical_volume": 74038817.7,
        "trend": 13.705,
        "fair_value": 13.942949,
        "relative_strength": -5.791782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.540864,
        "energy": 29.618452,
        "activity_lines": [
          15.046667,
          15.109091,
          14.530714,
          14.156129
        ]
      },
      {
        "date": "2025-09-12",
        "close": 15.51,
        "volume": 160722290,
        "typical_volume": 76200923.0,
        "trend": 13.813,
        "fair_value": 13.904487,
        "relative_strength": 1.283565,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.342954,
        "energy": 25.270473,
        "activity_lines": [
          15.086,
          15.207273,
          14.669762,
          14.272581
        ]
      },
      {
        "date": "2025-09-19",
        "close": 15.76,
        "volume": 100057698,
        "typical_volume": 78679742.7,
        "trend": 13.921667,
        "fair_value": 13.87641,
        "relative_strength": 4.104746,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.512997,
        "energy": 25.469417,
        "activity_lines": [
          15.241333,
          15.312727,
          14.823905,
          14.398194
        ]
      },
      {
        "date": "2025-09-26",
        "close": 15.95,
        "volume": 108610741,
        "typical_volume": 80878250.0,
        "trend": 14.006,
        "fair_value": 13.848462,
        "relative_strength": 5.169858,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.89479,
        "energy": 33.992452,
        "activity_lines": [
          15.500667,
          15.441636,
          14.985571,
          14.529054
        ]
      },
      {
        "date": "2025-10-03",
        "close": 16.25,
        "volume": 34396817,
        "typical_volume": 80014106.55,
        "trend": 14.106,
        "fair_value": 13.809103,
        "relative_strength": 5.700223,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.183303,
        "energy": 47.727595,
        "activity_lines": [
          15.835333,
          15.596546,
          15.16081,
          14.673828
        ]
      },
      {
        "date": "2025-10-10",
        "close": 15.42,
        "volume": 58638782,
        "typical_volume": 80375534.6,
        "trend": 14.17,
        "fair_value": 13.772051,
        "relative_strength": 0.097443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.653792,
        "energy": 42.583641,
        "activity_lines": [
          15.798667,
          15.584182,
          15.240095,
          14.758602
        ]
      },
      {
        "date": "2025-10-17",
        "close": 14.59,
        "volume": 66430723,
        "typical_volume": 81879200.8,
        "trend": 14.223667,
        "fair_value": 13.745577,
        "relative_strength": -3.659763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.649302,
        "energy": 23.045666,
        "activity_lines": [
          15.402667,
          15.403273,
          15.226429,
          14.785699
        ]
      },
      {
        "date": "2025-10-24",
        "close": 14.96,
        "volume": 54467360,
        "typical_volume": 82471171.4,
        "trend": 14.287,
        "fair_value": 13.729423,
        "relative_strength": -3.797301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.285552,
        "energy": 15.99465,
        "activity_lines": [
          15.191333,
          15.315273,
          15.238524,
          14.833204
        ]
      },
      {
        "date": "2025-10-31",
        "close": 14.17,
        "volume": 100201655,
        "typical_volume": 84128205.25,
        "trend": 14.344333,
        "fair_value": 13.712628,
        "relative_strength": -8.559337,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 1.260576,
        "energy": 12.049312,
        "activity_lines": [
          14.77,
          15.109273,
          15.166,
          14.825656
        ]
      },
      {
        "date": "2025-11-07",
        "close": 13.83,
        "volume": 80255909,
        "typical_volume": 85215411.5,
        "trend": 14.372667,
        "fair_value": 13.702564,
        "relative_strength": -11.272181,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.507851,
        "energy": 28.737467,
        "activity_lines": [
          14.354,
          14.867091,
          15.057524,
          14.792473
        ]
      },
      {
        "date": "2025-11-14",
        "close": 14.68,
        "volume": 97197938,
        "typical_volume": 87388677.35,
        "trend": 14.404,
        "fair_value": 13.708205,
        "relative_strength": -5.452396,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -14.211198,
        "energy": 23.567816,
        "activity_lines": [
          14.382667,
          14.797636,
          15.028905,
          14.812301
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15.36,
        "volume": 102652770,
        "typical_volume": 90479445.5,
        "trend": 14.46,
        "fair_value": 13.71359,
        "relative_strength": 2.929306,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.035403,
        "energy": 15.093555,
        "activity_lines": [
          14.687333,
          14.842727,
          15.059286,
          14.873979
        ]
      },
      {
        "date": "2025-11-28",
        "close": 14.91,
        "volume": 87517081,
        "typical_volume": 88924848.25,
        "trend": 14.505667,
        "fair_value": 13.688718,
        "relative_strength": -1.33191,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.916102,
        "energy": 8.648594,
        "activity_lines": [
          14.790667,
          14.808727,
          15.037524,
          14.903011
        ]
      },
      {
        "date": "2025-12-05",
        "close": 14.55,
        "volume": 87056827,
        "typical_volume": 89157859.95,
        "trend": 14.564,
        "fair_value": 13.651987,
        "relative_strength": -3.974222,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.675774,
        "energy": 10.617493,
        "activity_lines": [
          14.777333,
          14.724727,
          14.982619,
          14.905871
        ]
      },
      {
        "date": "2025-12-12",
        "close": 13.8,
        "volume": 95593600,
        "typical_volume": 89010791.35,
        "trend": 14.600667,
        "fair_value": 13.600641,
        "relative_strength": -8.465053,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.892524,
        "energy": 16.06958,
        "activity_lines": [
          14.488667,
          14.529818,
          14.855476,
          14.856581
        ]
      },
      {
        "date": "2025-12-19",
        "close": 14.19,
        "volume": 79464464,
        "typical_volume": 88186007.7,
        "trend": 14.657,
        "fair_value": 13.554808,
        "relative_strength": -5.897189,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.58959,
        "energy": 25.632864,
        "activity_lines": [
          14.332,
          14.450364,
          14.772857,
          14.830086
        ]
      },
      {
        "date": "2025-12-26",
        "close": 14.09,
        "volume": 41337949,
        "typical_volume": 86674160.55,
        "trend": 14.706667,
        "fair_value": 13.492436,
        "relative_strength": -8.256809,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.090107,
        "energy": 38.218629,
        "activity_lines": [
          14.174667,
          14.375091,
          14.681952,
          14.793505
        ]
      },
      {
        "date": "2026-01-02",
        "close": 13.95,
        "volume": 33185527,
        "typical_volume": 84930233.45,
        "trend": 14.738667,
        "fair_value": 13.439103,
        "relative_strength": -9.246919,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.439275,
        "energy": 43.340985,
        "activity_lines": [
          14.055333,
          14.283455,
          14.58681,
          14.744688
        ]
      },
      {
        "date": "2026-01-09",
        "close": 15.01,
        "volume": 92515140,
        "typical_volume": 85888209.2,
        "trend": 14.791667,
        "fair_value": 13.401154,
        "relative_strength": -6.004124,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.785698,
        "energy": 25.148824,
        "activity_lines": [
          14.353333,
          14.402909,
          14.604143,
          14.762194
        ]
      },
      {
        "date": "2026-01-16",
        "close": 14.46,
        "volume": 72313363,
        "typical_volume": 82799092.05,
        "trend": 14.820333,
        "fair_value": 13.362436,
        "relative_strength": -8.993421,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -35.699713,
        "energy": 16.924413,
        "activity_lines": [
          14.437333,
          14.407091,
          14.57181,
          14.740796
        ]
      },
      {
        "date": "2026-01-23",
        "close": 15.87,
        "volume": 92635973,
        "typical_volume": 82262630.35,
        "trend": 14.900333,
        "fair_value": 13.32,
        "relative_strength": -1.110951,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.263075,
        "energy": 13.130924,
        "activity_lines": [
          14.947333,
          14.656182,
          14.675524,
          14.808516
        ]
      },
      {
        "date": "2026-01-30",
        "close": 17.68,
        "volume": 146675667,
        "typical_volume": 81560299.2,
        "trend": 15.042667,
        "fair_value": 13.292628,
        "relative_strength": 10.201803,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 41.750725,
        "energy": 44.812053,
        "activity_lines": [
          15.948667,
          15.212727,
          14.943571,
          14.987849
        ]
      },
      {
        "date": "2026-02-06",
        "close": 17.219999,
        "volume": 155233066,
        "typical_volume": 84319067.6,
        "trend": 15.111667,
        "fair_value": 13.264423,
        "relative_strength": 8.339411,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 70.737966,
        "energy": 71.138563,
        "activity_lines": [
          16.557333,
          15.643454,
          15.157476,
          15.128323
        ]
      },
      {
        "date": "2026-02-13",
        "close": 16.77,
        "volume": 86388831,
        "typical_volume": 83207972.1,
        "trend": 15.191333,
        "fair_value": 13.242564,
        "relative_strength": 4.854097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.405785,
        "energy": 72.209114,
        "activity_lines": [
          16.798,
          15.950363,
          15.321571,
          15.235312
        ]
      },
      {
        "date": "2026-02-27",
        "close": 16.67,
        "volume": 73603550,
        "typical_volume": 85168308.75,
        "trend": 15.235333,
        "fair_value": 13.217821,
        "relative_strength": 2.052711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.178352,
        "energy": 71.731714,
        "activity_lines": [
          16.888,
          16.198727,
          15.472238,
          15.33071
        ]
      },
      {
        "date": "2026-03-06",
        "close": 15.76,
        "volume": 92321446,
        "typical_volume": 86852441.95,
        "trend": 15.279,
        "fair_value": 13.198141,
        "relative_strength": -2.508221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.571117,
        "energy": 44.475869,
        "activity_lines": [
          16.527333,
          16.229454,
          15.534238,
          15.364559
        ]
      },
      {
        "date": "2026-03-13",
        "close": 14.97,
        "volume": 72168245,
        "typical_volume": 87139318.05,
        "trend": 15.244667,
        "fair_value": 13.168462,
        "relative_strength": -6.619886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.683142,
        "energy": 17.859175,
        "activity_lines": [
          15.910667,
          16.088,
          15.519381,
          15.344624
        ]
      },
      {
        "date": "2026-03-20",
        "close": 14.79,
        "volume": 86724819,
        "typical_volume": 88752191.0,
        "trend": 15.192,
        "fair_value": 13.139615,
        "relative_strength": -4.417335,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 16.466574,
        "energy": 16.455089,
        "activity_lines": [
          15.414667,
          15.897818,
          15.485571,
          15.31529
        ]
      },
      {
        "date": "2026-03-27",
        "close": 14.12,
        "volume": 67496259,
        "typical_volume": 87116921.2,
        "trend": 15.143333,
        "fair_value": 13.117308,
        "relative_strength": -7.623603,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -16.054331,
        "energy": 24.742197,
        "activity_lines": [
          14.857333,
          15.570545,
          15.388762,
          15.246129
        ]
      },
      {
        "date": "2026-04-03",
        "close": 13.65,
        "volume": 87989970,
        "typical_volume": 87503624.25,
        "trend": 15.104,
        "fair_value": 13.095897,
        "relative_strength": -9.756089,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -30.217329,
        "energy": 33.421241,
        "activity_lines": [
          14.32,
          15.174,
          15.247429,
          15.149785
        ]
      },
      {
        "date": "2026-04-10",
        "close": 13.91,
        "volume": 47500089,
        "typical_volume": 85018731.8,
        "trend": 15.095,
        "fair_value": 13.073782,
        "relative_strength": -10.381308,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -33.926509,
        "energy": 42.030144,
        "activity_lines": [
          14.070667,
          14.839455,
          15.131714,
          15.072753
        ]
      },
      {
        "date": "2026-04-17",
        "close": 14.71,
        "volume": 97342150,
        "typical_volume": 84753200.8,
        "trend": 15.068333,
        "fair_value": 13.063333,
        "relative_strength": -6.578095,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.953746,
        "energy": 38.297522,
        "activity_lines": [
          14.211333,
          14.686,
          15.095857,
          15.047914
        ]
      },
      {
        "date": "2026-04-24",
        "close": 14.1,
        "volume": 64867285,
        "typical_volume": 83620711.0,
        "trend": 15.013,
        "fair_value": 13.042564,
        "relative_strength": -10.751559,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -48.430672,
        "energy": 37.000345,
        "activity_lines": [
          14.166,
          14.475636,
          15.005,
          14.985441
        ]
      },
      {
        "date": "2026-05-01",
        "close": 14.78,
        "volume": 66131077,
        "typical_volume": 82574423.5,
        "trend": 14.974,
        "fair_value": 13.028846,
        "relative_strength": -6.92361,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.166965,
        "energy": 18.465312,
        "activity_lines": [
          14.393333,
          14.445636,
          14.982762,
          14.970409
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.46,
        "volume": 51465654,
        "typical_volume": 80368026.2,
        "trend": 14.947667,
        "fair_value": 13.029359,
        "relative_strength": -4.014522,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.127207,
        "energy": 9.07338,
        "activity_lines": [
          14.803333,
          14.575455,
          15.02419,
          15.001763
        ]
      },
      {
        "date": "2026-05-15",
        "close": 14.85,
        "volume": 103723248,
        "typical_volume": 81580965.4,
        "trend": 14.928667,
        "fair_value": 13.029231,
        "relative_strength": -6.696907,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.432996,
        "energy": 7.640658,
        "activity_lines": [
          14.889333,
          14.616364,
          14.999619,
          14.995462
        ]
      },
      {
        "date": "2026-05-22",
        "close": 12.83,
        "volume": 144272081,
        "typical_volume": 86727672.0,
        "trend": 14.87,
        "fair_value": 13.008718,
        "relative_strength": -18.68295,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -67.312182,
        "energy": 30.586169,
        "activity_lines": [
          14.239333,
          14.306545,
          14.779524,
          14.860064
        ]
      },
      {
        "date": "2026-05-29",
        "close": 13.12,
        "volume": 121123320,
        "typical_volume": 91124561.65,
        "trend": 14.808667,
        "fair_value": 12.992564,
        "relative_strength": -15.724084,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.910698,
        "energy": 48.681823,
        "activity_lines": [
          13.811333,
          14.088364,
          14.593048,
          14.747161
        ]
      },
      {
        "date": "2026-06-05",
        "close": 11.77,
        "volume": 16545935,
        "typical_volume": 87326101.4,
        "trend": 14.728667,
        "fair_value": 12.974231,
        "relative_strength": -23.304825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.519297,
        "energy": 75.770054,
        "activity_lines": [
          12.998667,
          13.655091,
          14.281952,
          14.551118
        ]
      },
      {
        "date": "2026-06-12",
        "close": 11.86,
        "volume": 14342878,
        "typical_volume": 84427577.15,
        "trend": 14.663,
        "fair_value": 12.959103,
        "relative_strength": -22.440303,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.406544,
        "energy": 81.344063,
        "activity_lines": [
          12.416667,
          13.280909,
          13.994857,
          14.366043
        ]
      },
      {
        "date": "2026-06-19",
        "close": 10.87,
        "volume": 54246217,
        "typical_volume": 82508089.35,
        "trend": 14.536,
        "fair_value": 12.933718,
        "relative_strength": -29.46847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.502572,
        "energy": 88.795698,
        "activity_lines": [
          11.744667,
          12.759273,
          13.625857,
          14.121333
        ]
      },
      {
        "date": "2026-06-26",
        "close": 10.42,
        "volume": 15511255,
        "typical_volume": 75949868.75,
        "trend": 14.371333,
        "fair_value": 12.906987,
        "relative_strength": -30.811322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.43716,
        "energy": 92.69232,
        "activity_lines": [
          11.188,
          12.211091,
          13.23781,
          13.855785
        ]
      },
      {
        "date": "2026-07-03",
        "close": 10.48,
        "volume": 17466570,
        "typical_volume": 69061543.95,
        "trend": 14.223667,
        "fair_value": 12.877628,
        "relative_strength": -30.213156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.38123,
        "energy": 90.275155,
        "activity_lines": [
          10.812,
          11.751818,
          12.890048,
          13.604731
        ]
      },
      {
        "date": "2026-07-10",
        "close": 10.83,
        "volume": 73044739,
        "typical_volume": 68394339.35,
        "trend": 14.099667,
        "fair_value": 12.858526,
        "relative_strength": -26.587734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.460676,
        "energy": 85.596334,
        "activity_lines": [
          10.728667,
          11.422,
          12.607714,
          13.385785
        ]
      },
      {
        "date": "2026-07-17",
        "close": 11.15,
        "volume": 104907736,
        "typical_volume": 69959548.65,
        "trend": 14.011333,
        "fair_value": 12.837628,
        "relative_strength": -19.190123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.167017,
        "energy": 70.998072,
        "activity_lines": [
          10.814667,
          11.222182,
          12.384143,
          13.195484
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.98,
        "volume": 82306464,
        "typical_volume": 69458799.55,
        "trend": 13.904333,
        "fair_value": 12.81859,
        "relative_strength": -20.972999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.112947,
        "energy": 56.848577,
        "activity_lines": [
          10.891333,
          11.069818,
          12.170667,
          12.999914
        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.24,
        "volume": 92989226,
        "typical_volume": 70499848.6,
        "trend": 13.809333,
        "fair_value": 12.801859,
        "relative_strength": -18.91004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.085018,
        "energy": 45.159082,
        "activity_lines": [
          11.047333,
          11.035091,
          12.004714,
          12.828021
        ]
      },
      {
        "date": "2026-08-07",
        "close": 11.02,
        "volume": 105702126,
        "typical_volume": 71448713.95,
        "trend": 13.711667,
        "fair_value": 12.778526,
        "relative_strength": -22.149504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.024819,
        "energy": 40.466906,
        "activity_lines": [
          11.075333,
          10.989273,
          11.835571,
          12.648065
        ]
      }
    ],
    "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."
    }
  }
}