{
  "ticker": {
    "uuid": "9342bb31-a308-4c2f-88d5-6c3aac5be9c4",
    "symbol": "SDUE",
    "name": "iShares MSCI Europe Screened UCITS ETF EUR (Dist)",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 87.286,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.079,
    "architecture_energy": 57.78,
    "architecture_maturity": 27.518,
    "architecture_confidence": 86.894,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 12.69,
        "rotation_up": 57.81,
        "upward_expansion": 82.62,
        "deceleration": 53.18,
        "rotation_down": 22.89,
        "downward_expansion": 9.28
      },
      "activity_lines": [
        7.710733,
        7.67951,
        7.587345,
        7.51142
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 7.865,
    "trend_reference": 7.443607,
    "distance_from_trend": 0.056611,
    "trend_direction": "Improving",
    "fair_value": 6.300222,
    "distance_from_fair_value": 0.248369,
    "fair_value_direction": "Improving",
    "relative_strength": 0.278922,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.059759,
    "excess_performance": 0.008524,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.056611,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.026202,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.248369,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.057218,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.002789,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.018401,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.059759,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.234306,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 85377,
      "relative_activity": 0.228143,
      "balance": 2.234306,
      "dry_up": 0.742614,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.019748,
      "annualized_volatility": 0.181227,
      "from_high_reference": -0.014627,
      "from_low_reference": 0.20139
    },
    "levels": {
      "trend_reference": 7.443607,
      "fair_value_reference": 6.300222,
      "structural_low": 6.698,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 33,
        "median_return": 0.002215,
        "positive_rate": 0.575758,
        "directional_follow_through": 0.575758,
        "median_excess_return": -0.000779,
        "regime_survival": 0.757576,
        "best_return": 0.056215,
        "worst_return": -0.100315,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.003799,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.000225,
        "regime_survival": 0.416667,
        "best_return": 0.08537,
        "worst_return": -0.054623,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 9,
        "median_return": 0.059759,
        "positive_rate": 0.777778,
        "directional_follow_through": 0.777778,
        "median_excess_return": 0.008524,
        "regime_survival": 0.666667,
        "best_return": 0.127656,
        "worst_return": -0.117355,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.068046,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.001667,
        "regime_survival": 0.25,
        "best_return": 0.200769,
        "worst_return": -0.078611,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-22",
        "end": "2024-06-21",
        "tenure": "Extended",
        "return": 0.079877,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-28",
        "end": "2024-10-25",
        "tenure": "Established",
        "return": 0.000983,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-01",
        "end": "2024-11-08",
        "tenure": "New",
        "return": -0.018025,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-15",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": 0.026537,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.019931,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.004172,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.001598,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-18",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.064313,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.074771,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.017895,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-26",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.00189,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.083534,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-17",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": -0.020528,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.037274,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 5.017213,
        "volume": 621,
        "typical_volume": 20320.0,
        "trend": 5.168618,
        "fair_value": 4.736501,
        "relative_strength": 4.975711,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.986552,
        "energy": 13.182128,
        "activity_lines": [
          5.147868,
          5.155698,
          5.171732,
          5.171792
        ]
      },
      {
        "date": "2023-08-25",
        "close": 5.07357,
        "volume": 35026,
        "typical_volume": 21771.6,
        "trend": 5.168605,
        "fair_value": 4.743352,
        "relative_strength": 4.82222,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.984221,
        "energy": 38.493708,
        "activity_lines": [
          5.109983,
          5.141207,
          5.160167,
          5.16566
        ]
      },
      {
        "date": "2023-09-01",
        "close": 5.136503,
        "volume": 12397,
        "typical_volume": 21542.0,
        "trend": 5.165122,
        "fair_value": 4.751103,
        "relative_strength": 4.144901,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.978131,
        "energy": 40.328712,
        "activity_lines": [
          5.105725,
          5.140208,
          5.155051,
          5.163589
        ]
      },
      {
        "date": "2023-09-08",
        "close": 5.115368,
        "volume": 3499,
        "typical_volume": 15380.25,
        "trend": 5.164002,
        "fair_value": 4.757283,
        "relative_strength": 3.356272,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.736952,
        "energy": 41.948428,
        "activity_lines": [
          5.104254,
          5.134077,
          5.148684,
          5.160379
        ]
      },
      {
        "date": "2023-09-15",
        "close": 5.210237,
        "volume": 4112,
        "typical_volume": 13927.05,
        "trend": 5.162778,
        "fair_value": 4.764289,
        "relative_strength": 1.942717,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.917989,
        "energy": 6.747535,
        "activity_lines": [
          5.139101,
          5.146621,
          5.152332,
          5.163362
        ]
      },
      {
        "date": "2023-09-22",
        "close": 5.164681,
        "volume": 28643,
        "typical_volume": 13947.35,
        "trend": 5.163241,
        "fair_value": 4.772053,
        "relative_strength": 1.27844,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.66627,
        "energy": 4.15494,
        "activity_lines": [
          5.157136,
          5.146852,
          5.15193,
          5.163484
        ]
      },
      {
        "date": "2023-09-29",
        "close": 5.136503,
        "volume": 157713,
        "typical_volume": 21517.45,
        "trend": 5.160203,
        "fair_value": 4.779269,
        "relative_strength": 1.590583,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.76121,
        "energy": 4.600146,
        "activity_lines": [
          5.155946,
          5.141916,
          5.149214,
          5.161759
        ]
      },
      {
        "date": "2023-10-06",
        "close": 5.069343,
        "volume": 56616,
        "typical_volume": 24206.15,
        "trend": 5.159435,
        "fair_value": 4.785436,
        "relative_strength": 1.632737,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.011798,
        "energy": 17.282332,
        "activity_lines": [
          5.128174,
          5.127075,
          5.140661,
          5.155897
        ]
      },
      {
        "date": "2023-10-13",
        "close": 5.112081,
        "volume": 122,
        "typical_volume": 21873.3,
        "trend": 5.167162,
        "fair_value": 4.792066,
        "relative_strength": 0.946751,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.188839,
        "energy": 28.606448,
        "activity_lines": [
          5.119126,
          5.123908,
          5.137252,
          5.152842
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4.96743,
        "volume": 19766,
        "typical_volume": 21565.05,
        "trend": 5.167889,
        "fair_value": 4.798112,
        "relative_strength": 0.589793,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -70.609406,
        "energy": 60.678499,
        "activity_lines": [
          5.062079,
          5.09578,
          5.120588,
          5.139956
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4.923754,
        "volume": 94809,
        "typical_volume": 25421.85,
        "trend": 5.16032,
        "fair_value": 4.805458,
        "relative_strength": 1.097896,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.926783,
        "energy": 73.802162,
        "activity_lines": [
          5.006661,
          5.063682,
          5.100765,
          5.124206
        ]
      },
      {
        "date": "2023-11-03",
        "close": 5.065586,
        "volume": 5920,
        "typical_volume": 24015.8,
        "trend": 5.156866,
        "fair_value": 4.811999,
        "relative_strength": 2.091025,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.703918,
        "energy": 62.990049,
        "activity_lines": [
          5.014583,
          5.059071,
          5.095382,
          5.118094
        ]
      },
      {
        "date": "2023-11-10",
        "close": 5.11396,
        "volume": 67058,
        "typical_volume": 26253.1,
        "trend": 5.150777,
        "fair_value": 4.817663,
        "relative_strength": 3.754236,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.53956,
        "energy": 51.489174,
        "activity_lines": [
          5.043356,
          5.0634,
          5.095181,
          5.115326
        ]
      },
      {
        "date": "2023-11-17",
        "close": 5.269412,
        "volume": 12254,
        "typical_volume": 26457.95,
        "trend": 5.149056,
        "fair_value": 4.824278,
        "relative_strength": 4.694317,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -5.542757,
        "energy": 6.453672,
        "activity_lines": [
          5.120973,
          5.096403,
          5.109554,
          5.12298
        ]
      },
      {
        "date": "2023-11-24",
        "close": 5.277865,
        "volume": 23957,
        "typical_volume": 27212.5,
        "trend": 5.149289,
        "fair_value": 4.830512,
        "relative_strength": 4.899653,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 31.518433,
        "energy": 33.863916,
        "activity_lines": [
          5.190919,
          5.128143,
          5.124372,
          5.13129
        ]
      },
      {
        "date": "2023-12-01",
        "close": 5.288667,
        "volume": 73084,
        "typical_volume": 30825.3,
        "trend": 5.150833,
        "fair_value": 4.83674,
        "relative_strength": 4.345101,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.86095,
        "energy": 47.007263,
        "activity_lines": [
          5.243769,
          5.160617,
          5.138842,
          5.140282
        ]
      },
      {
        "date": "2023-12-08",
        "close": 5.371325,
        "volume": 59820,
        "typical_volume": 33414.4,
        "trend": 5.154748,
        "fair_value": 4.84327,
        "relative_strength": 5.405003,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.505843,
        "energy": 72.399932,
        "activity_lines": [
          5.299845,
          5.205865,
          5.160582,
          5.154507
        ]
      },
      {
        "date": "2023-12-15",
        "close": 5.438075,
        "volume": 60666,
        "typical_volume": 36146.3,
        "trend": 5.159524,
        "fair_value": 4.850113,
        "relative_strength": 6.172191,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 83.329833,
        "energy": 87.847519,
        "activity_lines": [
          5.357788,
          5.25898,
          5.188165,
          5.172787
        ]
      },
      {
        "date": "2023-12-22",
        "close": 5.485396,
        "volume": 1162,
        "typical_volume": 36193.6,
        "trend": 5.168315,
        "fair_value": 4.857511,
        "relative_strength": 5.189315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.668774,
        "energy": 91.462214,
        "activity_lines": [
          5.409897,
          5.313994,
          5.21952,
          5.193811
        ]
      },
      {
        "date": "2023-12-29",
        "close": 5.530351,
        "volume": 3907,
        "typical_volume": 36057.6,
        "trend": 5.180077,
        "fair_value": 4.864927,
        "relative_strength": 5.351058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.626838,
        "energy": 93.529706,
        "activity_lines": [
          5.462592,
          5.370395,
          5.253731,
          5.217168
        ]
      },
      {
        "date": "2024-01-05",
        "close": 5.438549,
        "volume": 5068,
        "typical_volume": 36279.95,
        "trend": 5.190711,
        "fair_value": 4.870938,
        "relative_strength": 4.009462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.787612,
        "energy": 86.866058,
        "activity_lines": [
          5.467854,
          5.39987,
          5.277558,
          5.233843
        ]
      },
      {
        "date": "2024-01-12",
        "close": 5.435236,
        "volume": 797,
        "typical_volume": 34568.5,
        "trend": 5.19901,
        "fair_value": 4.87752,
        "relative_strength": 4.644334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.007019,
        "energy": 82.517299,
        "activity_lines": [
          5.46202,
          5.419382,
          5.299063,
          5.249619
        ]
      },
      {
        "date": "2024-01-19",
        "close": 5.352426,
        "volume": 52558,
        "typical_volume": 36576.55,
        "trend": 5.208571,
        "fair_value": 4.883464,
        "relative_strength": 5.092979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.394911,
        "energy": 56.997818,
        "activity_lines": [
          5.424321,
          5.417117,
          5.310959,
          5.259517
        ]
      },
      {
        "date": "2024-01-26",
        "close": 5.493913,
        "volume": 9202,
        "typical_volume": 36861.7,
        "trend": 5.218575,
        "fair_value": 4.891291,
        "relative_strength": 5.227922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.805027,
        "energy": 54.045427,
        "activity_lines": [
          5.439495,
          5.436241,
          5.335302,
          5.277926
        ]
      },
      {
        "date": "2024-02-02",
        "close": 5.488708,
        "volume": 2299,
        "typical_volume": 36771.05,
        "trend": 5.235246,
        "fair_value": 4.8985,
        "relative_strength": 5.22874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.272999,
        "energy": 55.177339,
        "activity_lines": [
          5.452366,
          5.450337,
          5.357347,
          5.295354
        ]
      },
      {
        "date": "2024-02-09",
        "close": 5.507163,
        "volume": 2789,
        "typical_volume": 35478.35,
        "trend": 5.246741,
        "fair_value": 4.905514,
        "relative_strength": 5.960438,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.83981,
        "energy": 58.632601,
        "activity_lines": [
          5.474165,
          5.463955,
          5.379823,
          5.312897
        ]
      },
      {
        "date": "2024-02-16",
        "close": 5.600859,
        "volume": 70343,
        "typical_volume": 31109.85,
        "trend": 5.257993,
        "fair_value": 4.913357,
        "relative_strength": 5.60999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.327087,
        "energy": 87.04159,
        "activity_lines": [
          5.522622,
          5.490636,
          5.409592,
          5.335743
        ]
      },
      {
        "date": "2024-02-23",
        "close": 5.670419,
        "volume": 131988,
        "typical_volume": 34878.45,
        "trend": 5.270874,
        "fair_value": 4.922326,
        "relative_strength": 6.751601,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.102246,
        "energy": 93.011321,
        "activity_lines": [
          5.583223,
          5.525791,
          5.443774,
          5.362352
        ]
      },
      {
        "date": "2024-03-01",
        "close": 5.695499,
        "volume": 1219,
        "typical_volume": 34933.3,
        "trend": 5.287864,
        "fair_value": 4.931318,
        "relative_strength": 7.305779,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.433116,
        "energy": 93.844823,
        "activity_lines": [
          5.630985,
          5.561281,
          5.477483,
          5.389747
        ]
      },
      {
        "date": "2024-03-08",
        "close": 5.729096,
        "volume": 17033,
        "typical_volume": 34796.65,
        "trend": 5.305973,
        "fair_value": 4.939669,
        "relative_strength": 7.987314,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.086018,
        "energy": 93.539781,
        "activity_lines": [
          5.676508,
          5.59906,
          5.511613,
          5.418213
        ]
      },
      {
        "date": "2024-03-15",
        "close": 5.768373,
        "volume": 121307,
        "typical_volume": 36121.55,
        "trend": 5.331012,
        "fair_value": 4.948215,
        "relative_strength": 7.53272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.006492,
        "energy": 93.68202,
        "activity_lines": [
          5.719096,
          5.640366,
          5.545857,
          5.448046
        ]
      },
      {
        "date": "2024-03-22",
        "close": 5.845979,
        "volume": 69415,
        "typical_volume": 39296.3,
        "trend": 5.356759,
        "fair_value": 4.957119,
        "relative_strength": 5.979707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.806709,
        "energy": 94.71199,
        "activity_lines": [
          5.770139,
          5.689786,
          5.58347,
          5.481269
        ]
      },
      {
        "date": "2024-03-29",
        "close": 5.870111,
        "volume": 208523,
        "typical_volume": 46369.55,
        "trend": 5.381212,
        "fair_value": 4.965961,
        "relative_strength": 5.941638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.315208,
        "energy": 92.632476,
        "activity_lines": [
          5.812885,
          5.736126,
          5.619665,
          5.514389
        ]
      },
      {
        "date": "2024-04-05",
        "close": 5.812854,
        "volume": 173953,
        "typical_volume": 54454.5,
        "trend": 5.404462,
        "fair_value": 4.973526,
        "relative_strength": 5.262489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.289084,
        "energy": 78.807088,
        "activity_lines": [
          5.823233,
          5.762643,
          5.646806,
          5.542237
        ]
      },
      {
        "date": "2024-04-12",
        "close": 5.781149,
        "volume": 29290,
        "typical_volume": 54721.15,
        "trend": 5.423492,
        "fair_value": 4.980507,
        "relative_strength": 3.440267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.477103,
        "energy": 66.712173,
        "activity_lines": [
          5.815188,
          5.777596,
          5.66834,
          5.566539
        ]
      },
      {
        "date": "2024-04-19",
        "close": 5.745659,
        "volume": 43376,
        "typical_volume": 53235.75,
        "trend": 5.442858,
        "fair_value": 4.987259,
        "relative_strength": 3.945134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.485182,
        "energy": 62.571083,
        "activity_lines": [
          5.791844,
          5.780779,
          5.684097,
          5.587324
        ]
      },
      {
        "date": "2024-04-26",
        "close": 5.856862,
        "volume": 2162,
        "typical_volume": 50352.85,
        "trend": 5.46687,
        "fair_value": 4.994784,
        "relative_strength": 2.641504,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.358785,
        "energy": 64.027207,
        "activity_lines": [
          5.807081,
          5.799845,
          5.708269,
          5.614034
        ]
      },
      {
        "date": "2024-05-03",
        "close": 5.835567,
        "volume": 29013,
        "typical_volume": 48770.2,
        "trend": 5.492411,
        "fair_value": 5.001707,
        "relative_strength": 1.24921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.830801,
        "energy": 57.159211,
        "activity_lines": [
          5.814494,
          5.810385,
          5.728101,
          5.637821
        ]
      },
      {
        "date": "2024-05-10",
        "close": 6.049456,
        "volume": 29624,
        "typical_volume": 50193.3,
        "trend": 5.523657,
        "fair_value": 5.010363,
        "relative_strength": 2.107296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.424937,
        "energy": 70.360636,
        "activity_lines": [
          5.895507,
          5.85681,
          5.76641,
          5.673759
        ]
      },
      {
        "date": "2024-05-17",
        "close": 6.044724,
        "volume": 8196,
        "typical_volume": 50407.75,
        "trend": 5.559566,
        "fair_value": 5.018879,
        "relative_strength": 2.092395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.140342,
        "energy": 83.972926,
        "activity_lines": [
          5.959169,
          5.89594,
          5.801582,
          5.707376
        ]
      },
      {
        "date": "2024-05-24",
        "close": 6.007341,
        "volume": 26489,
        "typical_volume": 51478.8,
        "trend": 5.595686,
        "fair_value": 5.026858,
        "relative_strength": 2.608176,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.640321,
        "energy": 84.721399,
        "activity_lines": [
          5.992798,
          5.922534,
          5.830745,
          5.736265
        ]
      },
      {
        "date": "2024-05-31",
        "close": 5.969958,
        "volume": 28280,
        "typical_volume": 52852.95,
        "trend": 5.625832,
        "fair_value": 5.034373,
        "relative_strength": 2.375477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.518028,
        "energy": 80.506193,
        "activity_lines": [
          5.99652,
          5.937986,
          5.85364,
          5.760412
        ]
      },
      {
        "date": "2024-06-07",
        "close": 6.047091,
        "volume": 87963,
        "typical_volume": 54623.2,
        "trend": 5.656936,
        "fair_value": 5.042053,
        "relative_strength": 3.915483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.572734,
        "energy": 71.804376,
        "activity_lines": [
          6.018414,
          5.965209,
          5.881333,
          5.78759
        ]
      },
      {
        "date": "2024-06-14",
        "close": 5.861722,
        "volume": 61989,
        "typical_volume": 57262.55,
        "trend": 5.67668,
        "fair_value": 5.048861,
        "relative_strength": 1.834396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.829263,
        "energy": 49.548671,
        "activity_lines": [
          5.964417,
          5.95551,
          5.888065,
          5.800802
        ]
      },
      {
        "date": "2024-06-21",
        "close": 5.923552,
        "volume": 15406,
        "typical_volume": 57917.9,
        "trend": 5.698203,
        "fair_value": 5.055643,
        "relative_strength": 1.662955,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.680763,
        "energy": 37.023882,
        "activity_lines": [
          5.943545,
          5.956164,
          5.898934,
          5.816729
        ]
      },
      {
        "date": "2024-06-28",
        "close": 5.897951,
        "volume": 262561,
        "typical_volume": 70906.5,
        "trend": 5.718512,
        "fair_value": 5.062357,
        "relative_strength": 2.045074,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.962046,
        "energy": 28.017877,
        "activity_lines": [
          5.922218,
          5.949575,
          5.905294,
          5.829616
        ]
      },
      {
        "date": "2024-07-05",
        "close": 5.938526,
        "volume": 232905,
        "typical_volume": 79034.6,
        "trend": 5.737419,
        "fair_value": 5.069337,
        "relative_strength": 2.147509,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.611405,
        "energy": 22.663281,
        "activity_lines": [
          5.921708,
          5.947593,
          5.913657,
          5.84381
        ]
      },
      {
        "date": "2024-07-12",
        "close": 5.997941,
        "volume": 39638,
        "typical_volume": 74417.1,
        "trend": 5.756081,
        "fair_value": 5.076888,
        "relative_strength": 2.466848,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.242898,
        "energy": 29.86117,
        "activity_lines": [
          5.943099,
          5.95493,
          5.926071,
          5.860618
        ]
      },
      {
        "date": "2024-07-19",
        "close": 5.827909,
        "volume": 11593,
        "typical_volume": 74935.8,
        "trend": 5.767498,
        "fair_value": 5.082908,
        "relative_strength": 0.672791,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.623319,
        "energy": 13.926526,
        "activity_lines": [
          5.911089,
          5.9284,
          5.920732,
          5.865252
        ]
      },
      {
        "date": "2024-07-26",
        "close": 5.887807,
        "volume": 23055,
        "typical_volume": 75236.9,
        "trend": 5.779413,
        "fair_value": 5.089407,
        "relative_strength": 0.047051,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.11328,
        "energy": 11.065396,
        "activity_lines": [
          5.9013,
          5.916788,
          5.920467,
          5.873014
        ]
      },
      {
        "date": "2024-08-02",
        "close": 5.753038,
        "volume": 5236,
        "typical_volume": 69433.35,
        "trend": 5.789896,
        "fair_value": 5.094631,
        "relative_strength": -0.964403,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.17356,
        "energy": 13.8771,
        "activity_lines": [
          5.84897,
          5.883526,
          5.906611,
          5.871313
        ]
      },
      {
        "date": "2024-08-09",
        "close": 5.796995,
        "volume": 66971,
        "typical_volume": 69311.15,
        "trend": 5.801955,
        "fair_value": 5.099578,
        "relative_strength": -0.182429,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.596925,
        "energy": 19.121693,
        "activity_lines": [
          5.820954,
          5.86288,
          5.897014,
          5.871771
        ]
      },
      {
        "date": "2024-08-16",
        "close": 5.933696,
        "volume": 536,
        "typical_volume": 58911.8,
        "trend": 5.821331,
        "fair_value": 5.105611,
        "relative_strength": 0.347198,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.060257,
        "energy": 16.092215,
        "activity_lines": [
          5.84794,
          5.870233,
          5.90067,
          5.88027
        ]
      },
      {
        "date": "2024-08-23",
        "close": 5.973788,
        "volume": 39001,
        "typical_volume": 52164.2,
        "trend": 5.837326,
        "fair_value": 5.111762,
        "relative_strength": 0.755521,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.210725,
        "energy": 15.77622,
        "activity_lines": [
          5.892573,
          5.886937,
          5.907841,
          5.890106
        ]
      },
      {
        "date": "2024-08-30",
        "close": 6.023541,
        "volume": 11761,
        "typical_volume": 51287.75,
        "trend": 5.855154,
        "fair_value": 5.11824,
        "relative_strength": 0.91839,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.3212,
        "energy": 29.629106,
        "activity_lines": [
          5.944065,
          5.91065,
          5.918984,
          5.90212
        ]
      },
      {
        "date": "2024-09-06",
        "close": 5.817765,
        "volume": 71963,
        "typical_volume": 52717.1,
        "trend": 5.865508,
        "fair_value": 5.123897,
        "relative_strength": -0.277652,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.260196,
        "energy": 17.492457,
        "activity_lines": [
          5.917916,
          5.895131,
          5.909376,
          5.899708
        ]
      },
      {
        "date": "2024-09-13",
        "close": 5.928382,
        "volume": 748641,
        "typical_volume": 90041.05,
        "trend": 5.876425,
        "fair_value": 5.13061,
        "relative_strength": 0.382507,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 35.422677,
        "energy": 22.542794,
        "activity_lines": [
          5.924324,
          5.901182,
          5.909959,
          5.903764
        ]
      },
      {
        "date": "2024-09-20",
        "close": 5.884426,
        "volume": 12293,
        "typical_volume": 89205.05,
        "trend": 5.883559,
        "fair_value": 5.136791,
        "relative_strength": 0.044518,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 27.573664,
        "energy": 12.723091,
        "activity_lines": [
          5.907322,
          5.899426,
          5.906015,
          5.90428
        ]
      },
      {
        "date": "2024-09-27",
        "close": 6.00422,
        "volume": 234149,
        "typical_volume": 99431.3,
        "trend": 5.893849,
        "fair_value": 5.144507,
        "relative_strength": 0.8412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.881725,
        "energy": 20.663796,
        "activity_lines": [
          5.933535,
          5.921514,
          5.913247,
          5.912065
        ]
      },
      {
        "date": "2024-10-04",
        "close": 5.912441,
        "volume": 9403,
        "typical_volume": 99491.65,
        "trend": 5.899961,
        "fair_value": 5.151496,
        "relative_strength": -0.318917,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.770903,
        "energy": 15.482328,
        "activity_lines": [
          5.927126,
          5.92371,
          5.911954,
          5.913264
        ]
      },
      {
        "date": "2024-10-11",
        "close": 5.965576,
        "volume": 7046,
        "typical_volume": 98519.5,
        "trend": 5.906534,
        "fair_value": 5.158262,
        "relative_strength": 0.769167,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 37.95633,
        "energy": 22.324953,
        "activity_lines": [
          5.945836,
          5.935118,
          5.916351,
          5.917498
        ]
      },
      {
        "date": "2024-10-18",
        "close": 5.96461,
        "volume": 6105,
        "typical_volume": 97410.75,
        "trend": 5.910489,
        "fair_value": 5.164698,
        "relative_strength": -0.621343,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 41.06349,
        "energy": 33.735599,
        "activity_lines": [
          5.95437,
          5.942487,
          5.920855,
          5.921244
        ]
      },
      {
        "date": "2024-10-25",
        "close": 5.903747,
        "volume": 134347,
        "typical_volume": 99729.95,
        "trend": 5.91161,
        "fair_value": 5.170537,
        "relative_strength": -0.437418,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 28.928075,
        "energy": 14.901779,
        "activity_lines": [
          5.9402,
          5.935742,
          5.919588,
          5.920809
        ]
      },
      {
        "date": "2024-11-01",
        "close": 5.841918,
        "volume": 206728,
        "typical_volume": 106966.9,
        "trend": 5.912579,
        "fair_value": 5.174941,
        "relative_strength": -0.701186,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.098578,
        "energy": 7.801859,
        "activity_lines": [
          5.904133,
          5.9183,
          5.913116,
          5.916313
        ]
      },
      {
        "date": "2024-11-08",
        "close": 5.736615,
        "volume": 2775,
        "typical_volume": 106335.35,
        "trend": 5.911094,
        "fair_value": 5.17855,
        "relative_strength": -1.267058,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -70.420572,
        "energy": 55.693384,
        "activity_lines": [
          5.843786,
          5.884109,
          5.896708,
          5.904961
        ]
      },
      {
        "date": "2024-11-15",
        "close": 5.729852,
        "volume": 96660,
        "typical_volume": 98040.3,
        "trend": 5.910567,
        "fair_value": 5.182589,
        "relative_strength": -1.297979,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.553072,
        "energy": 71.213901,
        "activity_lines": [
          5.792905,
          5.853906,
          5.880547,
          5.893268
        ]
      },
      {
        "date": "2024-11-22",
        "close": 5.774775,
        "volume": 19268,
        "typical_volume": 87358.45,
        "trend": 5.907831,
        "fair_value": 5.188126,
        "relative_strength": -2.898835,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.748776,
        "energy": 69.53778,
        "activity_lines": [
          5.772714,
          5.833469,
          5.869465,
          5.884507
        ]
      },
      {
        "date": "2024-11-29",
        "close": 5.795062,
        "volume": 40227,
        "typical_volume": 87387.9,
        "trend": 5.906481,
        "fair_value": 5.193757,
        "relative_strength": -2.84589,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.75258,
        "energy": 68.693053,
        "activity_lines": [
          5.771941,
          5.819513,
          5.861094,
          5.877231
        ]
      },
      {
        "date": "2024-12-06",
        "close": 5.910509,
        "volume": 15913,
        "typical_volume": 87603.9,
        "trend": 5.901849,
        "fair_value": 5.199132,
        "relative_strength": -1.165405,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.595109,
        "energy": 31.881325,
        "activity_lines": [
          5.816896,
          5.828173,
          5.864685,
          5.877491
        ]
      },
      {
        "date": "2024-12-13",
        "close": 5.878013,
        "volume": 1902784,
        "typical_volume": 181590.35,
        "trend": 5.896292,
        "fair_value": 5.204592,
        "relative_strength": -1.585279,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.060015,
        "energy": 15.307641,
        "activity_lines": [
          5.846446,
          5.832628,
          5.864787,
          5.875953
        ]
      },
      {
        "date": "2024-12-20",
        "close": 5.694112,
        "volume": 316616,
        "typical_volume": 197159.35,
        "trend": 5.885851,
        "fair_value": 5.208471,
        "relative_strength": -2.098992,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.559787,
        "energy": 27.519791,
        "activity_lines": [
          5.805269,
          5.804272,
          5.847422,
          5.86291
        ]
      },
      {
        "date": "2024-12-27",
        "close": 5.746168,
        "volume": 696,
        "typical_volume": 193845.6,
        "trend": 5.878392,
        "fair_value": 5.212578,
        "relative_strength": -1.967955,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.740158,
        "energy": 30.431511,
        "activity_lines": [
          5.783827,
          5.790317,
          5.835295,
          5.853898
        ]
      },
      {
        "date": "2025-01-03",
        "close": 5.763196,
        "volume": 177715,
        "typical_volume": 202704.55,
        "trend": 5.868928,
        "fair_value": 5.21707,
        "relative_strength": -2.547664,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.364424,
        "energy": 42.448398,
        "activity_lines": [
          5.769968,
          5.78343,
          5.825032,
          5.846466
        ]
      },
      {
        "date": "2025-01-10",
        "close": 5.881905,
        "volume": 46805,
        "typical_volume": 203094.75,
        "trend": 5.869601,
        "fair_value": 5.222666,
        "relative_strength": -0.836473,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.02292,
        "energy": 27.39531,
        "activity_lines": [
          5.797803,
          5.800681,
          5.826886,
          5.847303
        ]
      },
      {
        "date": "2025-01-17",
        "close": 6.053642,
        "volume": 126013,
        "typical_volume": 208807.35,
        "trend": 5.873938,
        "fair_value": 5.229829,
        "relative_strength": -1.006765,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.976982,
        "energy": 20.596184,
        "activity_lines": [
          5.884791,
          5.84843,
          5.845533,
          5.859177
        ]
      },
      {
        "date": "2025-01-24",
        "close": 6.110564,
        "volume": 46694,
        "typical_volume": 207543.9,
        "trend": 5.881025,
        "fair_value": 5.238069,
        "relative_strength": -0.0407,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.082453,
        "energy": 47.261242,
        "activity_lines": [
          5.979044,
          5.900765,
          5.869459,
          5.874443
        ]
      },
      {
        "date": "2025-01-31",
        "close": 6.174297,
        "volume": 150768,
        "typical_volume": 177650.25,
        "trend": 5.888884,
        "fair_value": 5.246539,
        "relative_strength": -0.972664,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 79.565411,
        "energy": 80.568388,
        "activity_lines": [
          6.066778,
          5.957765,
          5.89806,
          5.893364
        ]
      },
      {
        "date": "2025-02-07",
        "close": 6.180622,
        "volume": 59932,
        "typical_volume": 180032.2,
        "trend": 5.894973,
        "fair_value": 5.254806,
        "relative_strength": -1.128513,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.983297,
        "energy": 84.451257,
        "activity_lines": [
          6.128079,
          6.008652,
          5.926092,
          5.912185
        ]
      },
      {
        "date": "2025-02-14",
        "close": 6.293979,
        "volume": 30300,
        "typical_volume": 169839.75,
        "trend": 5.910509,
        "fair_value": 5.264516,
        "relative_strength": 0.330746,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.740426,
        "energy": 91.205106,
        "activity_lines": [
          6.199336,
          6.073138,
          5.96351,
          5.937928
        ]
      },
      {
        "date": "2025-02-21",
        "close": 6.280356,
        "volume": 154900,
        "typical_volume": 177114.6,
        "trend": 5.923594,
        "fair_value": 5.274434,
        "relative_strength": 0.987234,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.54145,
        "energy": 89.156691,
        "activity_lines": [
          6.238581,
          6.128176,
          5.998251,
          5.961789
        ]
      },
      {
        "date": "2025-02-28",
        "close": 6.293005,
        "volume": 144095,
        "typical_volume": 183967.05,
        "trend": 5.941593,
        "fair_value": 5.28701,
        "relative_strength": -0.463704,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.403609,
        "energy": 86.29441,
        "activity_lines": [
          6.266928,
          6.178198,
          6.032444,
          5.985622
        ]
      },
      {
        "date": "2025-03-07",
        "close": 6.347008,
        "volume": 190231,
        "typical_volume": 193173.35,
        "trend": 5.959926,
        "fair_value": 5.298934,
        "relative_strength": 1.937384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.721645,
        "energy": 84.634523,
        "activity_lines": [
          6.301114,
          6.22715,
          6.070221,
          6.011778
        ]
      },
      {
        "date": "2025-03-14",
        "close": 6.26868,
        "volume": 36344,
        "typical_volume": 188273.2,
        "trend": 5.971092,
        "fair_value": 5.30866,
        "relative_strength": 1.28966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.747997,
        "energy": 60.025481,
        "activity_lines": [
          6.297676,
          6.250936,
          6.098717,
          6.031697
        ]
      },
      {
        "date": "2025-03-21",
        "close": 6.294465,
        "volume": 25705,
        "typical_volume": 179222.05,
        "trend": 5.981782,
        "fair_value": 5.318886,
        "relative_strength": 1.560698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.884317,
        "energy": 58.126347,
        "activity_lines": [
          6.296962,
          6.270219,
          6.127932,
          6.05256
        ]
      },
      {
        "date": "2025-03-28",
        "close": 6.206407,
        "volume": 20200,
        "typical_volume": 180093.3,
        "trend": 5.987877,
        "fair_value": 5.327935,
        "relative_strength": 0.057318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.657078,
        "energy": 48.441214,
        "activity_lines": [
          6.266864,
          6.265991,
          6.146605,
          6.067052
        ]
      },
      {
        "date": "2025-04-04",
        "close": 5.784116,
        "volume": 10466,
        "typical_volume": 175783.6,
        "trend": 5.986756,
        "fair_value": 5.334322,
        "relative_strength": 0.285321,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 3.61399,
        "energy": 16.866601,
        "activity_lines": [
          6.100931,
          6.182205,
          6.122822,
          6.053906
        ]
      },
      {
        "date": "2025-04-11",
        "close": 5.79336,
        "volume": 67301,
        "typical_volume": 178185.25,
        "trend": 5.982255,
        "fair_value": 5.341132,
        "relative_strength": 1.578813,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.652243,
        "energy": 32.623531,
        "activity_lines": [
          5.972006,
          6.106035,
          6.099662,
          6.041429
        ]
      },
      {
        "date": "2025-04-18",
        "close": 5.93834,
        "volume": 37172,
        "typical_volume": 178032.5,
        "trend": 5.984052,
        "fair_value": 5.348815,
        "relative_strength": 0.228921,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.431396,
        "energy": 36.020934,
        "activity_lines": [
          5.928318,
          6.063152,
          6.090221,
          6.038596
        ]
      },
      {
        "date": "2025-04-25",
        "close": 6.111537,
        "volume": 28744,
        "typical_volume": 178674.05,
        "trend": 5.987629,
        "fair_value": 5.357757,
        "relative_strength": 1.422745,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.520277,
        "energy": 31.124912,
        "activity_lines": [
          5.964384,
          6.056164,
          6.096592,
          6.046821
        ]
      },
      {
        "date": "2025-05-02",
        "close": 6.294951,
        "volume": 60961,
        "typical_volume": 86582.9,
        "trend": 6.00038,
        "fair_value": 5.36847,
        "relative_strength": 2.205935,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.358042,
        "energy": 19.542491,
        "activity_lines": [
          6.073784,
          6.085841,
          6.119474,
          6.066648
        ]
      },
      {
        "date": "2025-05-09",
        "close": 6.27841,
        "volume": 99861,
        "typical_volume": 75745.15,
        "trend": 6.010807,
        "fair_value": 5.379014,
        "relative_strength": 2.387409,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.690331,
        "energy": 34.791333,
        "activity_lines": [
          6.171767,
          6.112245,
          6.138796,
          6.084585
        ]
      },
      {
        "date": "2025-05-16",
        "close": 6.377658,
        "volume": 50991,
        "typical_volume": 78259.9,
        "trend": 6.024576,
        "fair_value": 5.390579,
        "relative_strength": 2.406158,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 62.42333,
        "energy": 50.101105,
        "activity_lines": [
          6.26988,
          6.156959,
          6.164787,
          6.108253
        ]
      },
      {
        "date": "2025-05-23",
        "close": 6.32025,
        "volume": 22221,
        "typical_volume": 70485.2,
        "trend": 6.038459,
        "fair_value": 5.400718,
        "relative_strength": 1.088174,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 62.176037,
        "energy": 61.331784,
        "activity_lines": [
          6.309903,
          6.190679,
          6.182304,
          6.127329
        ]
      },
      {
        "date": "2025-05-30",
        "close": 6.386415,
        "volume": 21698,
        "typical_volume": 69229.85,
        "trend": 6.056609,
        "fair_value": 5.411494,
        "relative_strength": 1.495029,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.075294,
        "energy": 71.452502,
        "activity_lines": [
          6.346521,
          6.235491,
          6.203469,
          6.149778
        ]
      },
      {
        "date": "2025-06-06",
        "close": 6.460851,
        "volume": 84838,
        "typical_volume": 67171.1,
        "trend": 6.08075,
        "fair_value": 5.423869,
        "relative_strength": 1.92344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.571788,
        "energy": 73.854932,
        "activity_lines": [
          6.389626,
          6.292165,
          6.229321,
          6.175858
        ]
      },
      {
        "date": "2025-06-13",
        "close": 6.421435,
        "volume": 49395,
        "typical_volume": 67306.15,
        "trend": 6.103803,
        "fair_value": 5.437129,
        "relative_strength": 1.139918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.809879,
        "energy": 62.496839,
        "activity_lines": [
          6.408532,
          6.337046,
          6.24948,
          6.197837
        ]
      },
      {
        "date": "2025-06-20",
        "close": 6.350914,
        "volume": 84642,
        "typical_volume": 63999.85,
        "trend": 6.123008,
        "fair_value": 5.449104,
        "relative_strength": 0.881716,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.214256,
        "energy": 47.927565,
        "activity_lines": [
          6.394396,
          6.357518,
          6.261443,
          6.21378
        ]
      },
      {
        "date": "2025-06-27",
        "close": 6.437824,
        "volume": 657693,
        "typical_volume": 93887.9,
        "trend": 6.144433,
        "fair_value": 5.461904,
        "relative_strength": 1.955744,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.725071,
        "energy": 46.735777,
        "activity_lines": [
          6.411013,
          6.383654,
          6.280842,
          6.234091
        ]
      },
      {
        "date": "2025-07-04",
        "close": 6.479044,
        "volume": 3145,
        "typical_volume": 92530.15,
        "trend": 6.163384,
        "fair_value": 5.474792,
        "relative_strength": 2.300705,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.811555,
        "energy": 47.520652,
        "activity_lines": [
          6.433532,
          6.408203,
          6.302941,
          6.255679
        ]
      },
      {
        "date": "2025-07-11",
        "close": 6.564465,
        "volume": 31499,
        "typical_volume": 86360.1,
        "trend": 6.186266,
        "fair_value": 5.488287,
        "relative_strength": 2.258903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.303406,
        "energy": 68.491628,
        "activity_lines": [
          6.478349,
          6.441601,
          6.332295,
          6.281555
        ]
      },
      {
        "date": "2025-07-18",
        "close": 6.553042,
        "volume": 25101,
        "typical_volume": 80410.4,
        "trend": 6.214897,
        "fair_value": 5.500941,
        "relative_strength": 1.463471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.632481,
        "energy": 76.596289,
        "activity_lines": [
          6.512451,
          6.468022,
          6.359208,
          6.305218
        ]
      },
      {
        "date": "2025-07-25",
        "close": 6.665778,
        "volume": 6694,
        "typical_volume": 71233.55,
        "trend": 6.245551,
        "fair_value": 5.513853,
        "relative_strength": 1.703037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.297867,
        "energy": 88.67975,
        "activity_lines": [
          6.575358,
          6.509947,
          6.395619,
          6.334307
        ]
      },
      {
        "date": "2025-08-01",
        "close": 6.429878,
        "volume": 14665,
        "typical_volume": 70149.6,
        "trend": 6.267773,
        "fair_value": 5.525276,
        "relative_strength": -1.350814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.304398,
        "energy": 68.8021,
        "activity_lines": [
          6.53864,
          6.503742,
          6.408046,
          6.346199
        ]
      },
      {
        "date": "2025-08-08",
        "close": 6.58135,
        "volume": 59518,
        "typical_volume": 71840.25,
        "trend": 6.291088,
        "fair_value": 5.537236,
        "relative_strength": 0.63496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.928937,
        "energy": 52.621516,
        "activity_lines": [
          6.552943,
          6.523085,
          6.434131,
          6.36643
        ]
      },
      {
        "date": "2025-08-15",
        "close": 6.647899,
        "volume": 22204,
        "typical_volume": 71940.45,
        "trend": 6.310897,
        "fair_value": 5.54967,
        "relative_strength": 1.135503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.222181,
        "energy": 55.296222,
        "activity_lines": [
          6.582608,
          6.550984,
          6.465188,
          6.38945
        ]
      },
      {
        "date": "2025-08-22",
        "close": 6.757158,
        "volume": 908,
        "typical_volume": 71462.55,
        "trend": 6.33245,
        "fair_value": 5.56365,
        "relative_strength": 0.764628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.753866,
        "energy": 62.042761,
        "activity_lines": [
          6.643131,
          6.595346,
          6.504548,
          6.418241
        ]
      },
      {
        "date": "2025-08-29",
        "close": 6.620088,
        "volume": 2564,
        "typical_volume": 68225.7,
        "trend": 6.347309,
        "fair_value": 5.576853,
        "relative_strength": 0.1576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.050876,
        "energy": 58.774327,
        "activity_lines": [
          6.644356,
          6.608683,
          6.52622,
          6.436798
        ]
      },
      {
        "date": "2025-09-05",
        "close": 6.619094,
        "volume": 3720211,
        "typical_volume": 252377.65,
        "trend": 6.361925,
        "fair_value": 5.589714,
        "relative_strength": -0.105401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.099523,
        "energy": 58.858308,
        "activity_lines": [
          6.648296,
          6.616945,
          6.543861,
          6.454333
        ]
      },
      {
        "date": "2025-09-12",
        "close": 6.656342,
        "volume": 75973,
        "typical_volume": 254739.1,
        "trend": 6.374004,
        "fair_value": 5.60334,
        "relative_strength": -0.357095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.227907,
        "energy": 51.287742,
        "activity_lines": [
          6.652038,
          6.628684,
          6.561808,
          6.473327
        ]
      },
      {
        "date": "2025-09-19",
        "close": 6.711468,
        "volume": 73910,
        "typical_volume": 255386.55,
        "trend": 6.388374,
        "fair_value": 5.618182,
        "relative_strength": 1.158447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.931989,
        "energy": 49.660934,
        "activity_lines": [
          6.669155,
          6.647222,
          6.582411,
          6.495099
        ]
      },
      {
        "date": "2025-09-26",
        "close": 6.713951,
        "volume": 44260,
        "typical_volume": 252606.5,
        "trend": 6.402406,
        "fair_value": 5.633469,
        "relative_strength": 0.449568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.124065,
        "energy": 49.452363,
        "activity_lines": [
          6.682862,
          6.663538,
          6.601266,
          6.516104
        ]
      },
      {
        "date": "2025-10-03",
        "close": 6.911113,
        "volume": 33090,
        "typical_volume": 251711.45,
        "trend": 6.421209,
        "fair_value": 5.649713,
        "relative_strength": 1.111539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.363387,
        "energy": 67.964399,
        "activity_lines": [
          6.76517,
          6.712777,
          6.636825,
          6.548924
        ]
      },
      {
        "date": "2025-10-10",
        "close": 6.821223,
        "volume": 12054,
        "typical_volume": 251203.1,
        "trend": 6.439628,
        "fair_value": 5.665774,
        "relative_strength": 0.469722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.487686,
        "energy": 71.795437,
        "activity_lines": [
          6.798113,
          6.741211,
          6.661282,
          6.574731
        ]
      },
      {
        "date": "2025-10-17",
        "close": 6.858967,
        "volume": 89345,
        "typical_volume": 254585.45,
        "trend": 6.458444,
        "fair_value": 5.681572,
        "relative_strength": 1.759677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.649322,
        "energy": 76.981647,
        "activity_lines": [
          6.830162,
          6.769393,
          6.686949,
          6.601785
        ]
      },
      {
        "date": "2025-10-24",
        "close": 7.98175,
        "volume": 27146,
        "typical_volume": 251700.85,
        "trend": 6.517622,
        "fair_value": 5.70413,
        "relative_strength": 14.5031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 99.1055,
        "energy": 98.483429,
        "activity_lines": [
          7.222964,
          6.996669,
          6.817297,
          6.700063
        ]
      },
      {
        "date": "2025-10-31",
        "close": 6.977662,
        "volume": 36006,
        "typical_volume": 251031.4,
        "trend": 6.557407,
        "fair_value": 5.719096,
        "relative_strength": -0.6494,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.16394,
        "energy": 69.01548,
        "activity_lines": [
          7.196385,
          7.017132,
          6.844776,
          6.729743
        ]
      },
      {
        "date": "2025-11-07",
        "close": 6.901181,
        "volume": 197540,
        "typical_volume": 256676.3,
        "trend": 6.594335,
        "fair_value": 5.732492,
        "relative_strength": -1.391715,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.759694,
        "energy": 56.64625,
        "activity_lines": [
          7.126731,
          7.01968,
          6.862321,
          6.751922
        ]
      },
      {
        "date": "2025-11-14",
        "close": 7.054143,
        "volume": 15310,
        "typical_volume": 224557.15,
        "trend": 6.631528,
        "fair_value": 5.747091,
        "relative_strength": 0.584808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.266477,
        "energy": 52.579676,
        "activity_lines": [
          7.108726,
          7.044929,
          6.891815,
          6.781587
        ]
      },
      {
        "date": "2025-11-21",
        "close": 6.863934,
        "volume": 20785,
        "typical_volume": 225439.15,
        "trend": 6.656608,
        "fair_value": 5.760266,
        "relative_strength": -0.553578,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.239448,
        "energy": 21.455446,
        "activity_lines": [
          7.011791,
          7.027684,
          6.900258,
          6.796581
        ]
      },
      {
        "date": "2025-11-28",
        "close": 7.020372,
        "volume": 118834,
        "typical_volume": 229805.9,
        "trend": 6.680789,
        "fair_value": 5.774393,
        "relative_strength": -0.239771,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.546632,
        "energy": 20.818314,
        "activity_lines": [
          6.96667,
          7.035109,
          6.921767,
          6.82005
        ]
      },
      {
        "date": "2025-12-05",
        "close": 7.017392,
        "volume": 57933,
        "typical_volume": 231447.5,
        "trend": 6.705421,
        "fair_value": 5.788783,
        "relative_strength": 0.231039,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.958806,
        "energy": 19.978724,
        "activity_lines": [
          6.984648,
          7.036374,
          6.940822,
          6.841766
        ]
      },
      {
        "date": "2025-12-12",
        "close": 7.0605,
        "volume": 70978,
        "typical_volume": 234661.7,
        "trend": 6.728183,
        "fair_value": 5.803944,
        "relative_strength": 0.971708,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.93427,
        "energy": 20.571129,
        "activity_lines": [
          7.014346,
          7.039961,
          6.961771,
          6.864674
        ]
      },
      {
        "date": "2025-12-19",
        "close": 7.146,
        "volume": 3045112,
        "typical_volume": 386184.05,
        "trend": 6.755708,
        "fair_value": 5.819167,
        "relative_strength": -0.417144,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.852018,
        "energy": 32.733147,
        "activity_lines": [
          7.061924,
          7.056377,
          6.988983,
          6.89163
        ]
      },
      {
        "date": "2025-12-26",
        "close": 7.143,
        "volume": 2518,
        "typical_volume": 383334.05,
        "trend": 6.780927,
        "fair_value": 5.834161,
        "relative_strength": -0.238878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.66541,
        "energy": 35.262515,
        "activity_lines": [
          7.102377,
          7.066342,
          7.012499,
          6.916617
        ]
      },
      {
        "date": "2026-01-02",
        "close": 7.2025,
        "volume": 8204,
        "typical_volume": 382634.05,
        "trend": 6.805649,
        "fair_value": 5.848442,
        "relative_strength": -0.281448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.856927,
        "energy": 41.0052,
        "activity_lines": [
          7.144059,
          7.081962,
          7.039007,
          6.943815
        ]
      },
      {
        "date": "2026-01-09",
        "close": 7.344,
        "volume": 349242,
        "typical_volume": 400050.75,
        "trend": 6.836401,
        "fair_value": 5.862799,
        "relative_strength": -0.097267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.345537,
        "energy": 57.337113,
        "activity_lines": [
          7.220767,
          7.137477,
          7.076351,
          6.978547
        ]
      },
      {
        "date": "2026-01-16",
        "close": 7.388,
        "volume": 20098,
        "typical_volume": 400927.45,
        "trend": 6.870971,
        "fair_value": 5.877922,
        "relative_strength": -0.612172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.282254,
        "energy": 64.158453,
        "activity_lines": [
          7.290367,
          7.194331,
          7.115091,
          7.014134
        ]
      },
      {
        "date": "2026-01-23",
        "close": 7.316,
        "volume": 51679,
        "typical_volume": 217500.85,
        "trend": 6.900243,
        "fair_value": 5.892294,
        "relative_strength": -0.695838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.480351,
        "energy": 73.997757,
        "activity_lines": [
          7.314133,
          7.229243,
          7.143316,
          7.042846
        ]
      },
      {
        "date": "2026-01-30",
        "close": 7.351,
        "volume": 86976,
        "typical_volume": 218051.0,
        "trend": 6.929308,
        "fair_value": 5.905819,
        "relative_strength": -1.021422,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.319277,
        "energy": 88.166314,
        "activity_lines": [
          7.338233,
          7.265757,
          7.171557,
          7.071927
        ]
      },
      {
        "date": "2026-02-06",
        "close": 7.4215,
        "volume": 395963,
        "typical_volume": 234153.65,
        "trend": 6.957876,
        "fair_value": 5.920387,
        "relative_strength": -1.495815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.909464,
        "energy": 89.244171,
        "activity_lines": [
          7.371967,
          7.306234,
          7.203204,
          7.103681
        ]
      },
      {
        "date": "2026-02-13",
        "close": 7.447,
        "volume": 12726,
        "typical_volume": 232576.95,
        "trend": 6.987675,
        "fair_value": 5.93449,
        "relative_strength": -1.861685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.531798,
        "energy": 89.516587,
        "activity_lines": [
          7.3996,
          7.344055,
          7.233898,
          7.135238
        ]
      },
      {
        "date": "2026-02-20",
        "close": 7.631,
        "volume": 74054,
        "typical_volume": 234625.15,
        "trend": 7.019849,
        "fair_value": 5.950388,
        "relative_strength": -1.670792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.534035,
        "energy": 96.180097,
        "activity_lines": [
          7.4817,
          7.407518,
          7.278626,
          7.176743
        ]
      },
      {
        "date": "2026-02-27",
        "close": 7.723,
        "volume": 162242,
        "typical_volume": 242134.55,
        "trend": 7.062953,
        "fair_value": 5.966384,
        "relative_strength": -2.508931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.937382,
        "energy": 96.988321,
        "activity_lines": [
          7.578267,
          7.477336,
          7.328687,
          7.222107
        ]
      },
      {
        "date": "2026-03-06",
        "close": 7.2755,
        "volume": 145019,
        "typical_volume": 244918.25,
        "trend": 7.086091,
        "fair_value": 5.980379,
        "relative_strength": -2.508087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.938235,
        "energy": 60.836387,
        "activity_lines": [
          7.498533,
          7.4553,
          7.331835,
          7.23582
        ]
      },
      {
        "date": "2026-03-13",
        "close": 7.1295,
        "volume": 454507,
        "typical_volume": 266286.3,
        "trend": 7.102145,
        "fair_value": 5.994797,
        "relative_strength": -4.16505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.641679,
        "energy": 31.048991,
        "activity_lines": [
          7.375167,
          7.404309,
          7.319095,
          7.238621
        ]
      },
      {
        "date": "2026-03-20",
        "close": 6.8655,
        "volume": 112061,
        "typical_volume": 270089.05,
        "trend": 7.105756,
        "fair_value": 6.007104,
        "relative_strength": -4.43256,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -6.440695,
        "energy": 22.353214,
        "activity_lines": [
          7.183267,
          7.306645,
          7.28527,
          7.223353
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6.8975,
        "volume": 544153,
        "typical_volume": 287419.7,
        "trend": 7.115003,
        "fair_value": 6.0183,
        "relative_strength": -4.397244,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.212078,
        "energy": 44.463389,
        "activity_lines": [
          7.0408,
          7.2235,
          7.255027,
          7.209917
        ]
      },
      {
        "date": "2026-04-03",
        "close": 7.2085,
        "volume": 625041,
        "typical_volume": 317906.25,
        "trend": 7.13465,
        "fair_value": 6.031373,
        "relative_strength": -4.506281,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.186419,
        "energy": 35.426698,
        "activity_lines": [
          7.0509,
          7.205818,
          7.254421,
          7.215949
        ]
      },
      {
        "date": "2026-04-10",
        "close": 7.439,
        "volume": 333865,
        "typical_volume": 333560.25,
        "trend": 7.160739,
        "fair_value": 6.045106,
        "relative_strength": -2.912992,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 20.748754,
        "energy": 23.675106,
        "activity_lines": [
          7.172133,
          7.232,
          7.275032,
          7.235585
        ]
      },
      {
        "date": "2026-04-17",
        "close": 7.61,
        "volume": 125640,
        "typical_volume": 333900.55,
        "trend": 7.19069,
        "fair_value": 6.059779,
        "relative_strength": -1.294976,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.939033,
        "energy": 27.001193,
        "activity_lines": [
          7.339467,
          7.287673,
          7.30919,
          7.264569
        ]
      },
      {
        "date": "2026-04-24",
        "close": 7.237829,
        "volume": 422208,
        "typical_volume": 352114.3,
        "trend": 7.208152,
        "fair_value": 6.072387,
        "relative_strength": -3.438506,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 30.507509,
        "energy": 25.622952,
        "activity_lines": [
          7.35071,
          7.272251,
          7.305096,
          7.267611
        ]
      },
      {
        "date": "2026-05-01",
        "close": 7.255007,
        "volume": 451958,
        "typical_volume": 371163.3,
        "trend": 7.219615,
        "fair_value": 6.085289,
        "relative_strength": -2.984064,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 31.640359,
        "energy": 25.340831,
        "activity_lines": [
          7.342857,
          7.263755,
          7.301588,
          7.270634
        ]
      },
      {
        "date": "2026-05-08",
        "close": 7.263841,
        "volume": 386707,
        "typical_volume": 238243.05,
        "trend": 7.234369,
        "fair_value": 6.098174,
        "relative_strength": -1.561212,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 30.192354,
        "energy": 18.380672,
        "activity_lines": [
          7.314115,
          7.263702,
          7.297995,
          7.273487
        ]
      },
      {
        "date": "2026-05-15",
        "close": 7.271694,
        "volume": 754770,
        "typical_volume": 275855.65,
        "trend": 7.248127,
        "fair_value": 6.110846,
        "relative_strength": -1.03463,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 24.156319,
        "energy": 11.094451,
        "activity_lines": [
          7.284301,
          7.273425,
          7.294588,
          7.275895
        ]
      },
      {
        "date": "2026-05-22",
        "close": 7.61,
        "volume": 1761276,
        "typical_volume": 363509.25,
        "trend": 7.235735,
        "fair_value": 6.126156,
        "relative_strength": 0.883176,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 56.662083,
        "energy": 26.104459,
        "activity_lines": [
          7.378409,
          7.344727,
          7.322789,
          7.299242
        ]
      },
      {
        "date": "2026-05-29",
        "close": 7.512186,
        "volume": 94291,
        "typical_volume": 350761.7,
        "trend": 7.253553,
        "fair_value": 6.141122,
        "relative_strength": 0.148733,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 49.586021,
        "energy": 34.53424,
        "activity_lines": [
          7.439913,
          7.389509,
          7.339734,
          7.317077
        ]
      },
      {
        "date": "2026-06-05",
        "close": 7.453781,
        "volume": 286536,
        "typical_volume": 364083.6,
        "trend": 7.271973,
        "fair_value": 6.156085,
        "relative_strength": -0.202732,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 47.610151,
        "energy": 44.571148,
        "activity_lines": [
          7.463659,
          7.411913,
          7.350315,
          7.329995
        ]
      },
      {
        "date": "2026-06-12",
        "close": 7.582371,
        "volume": 97205,
        "typical_volume": 366359.9,
        "trend": 7.28958,
        "fair_value": 6.171445,
        "relative_strength": 0.518472,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.906336,
        "energy": 58.924919,
        "activity_lines": [
          7.517015,
          7.447584,
          7.37283,
          7.350021
        ]
      },
      {
        "date": "2026-06-19",
        "close": 7.6825,
        "volume": 0,
        "typical_volume": 362011.1,
        "trend": 7.316866,
        "fair_value": 6.18822,
        "relative_strength": 2.863007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.887204,
        "energy": 63.696636,
        "activity_lines": [
          7.582513,
          7.494662,
          7.403612,
          7.37537
        ]
      },
      {
        "date": "2026-06-26",
        "close": 7.634,
        "volume": 60869,
        "typical_volume": 345256.4,
        "trend": 7.33732,
        "fair_value": 6.203862,
        "relative_strength": 0.820001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.582867,
        "energy": 62.733981,
        "activity_lines": [
          7.604457,
          7.528494,
          7.428197,
          7.395831
        ]
      },
      {
        "date": "2026-07-03",
        "close": 7.775,
        "volume": 76353,
        "typical_volume": 348437.75,
        "trend": 7.362574,
        "fair_value": 6.221724,
        "relative_strength": 1.05486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.785091,
        "energy": 75.133707,
        "activity_lines": [
          7.671802,
          7.587527,
          7.465198,
          7.424068
        ]
      },
      {
        "date": "2026-07-10",
        "close": 7.595,
        "volume": 352027,
        "typical_volume": 362336.4,
        "trend": 7.38039,
        "fair_value": 6.237318,
        "relative_strength": 0.452624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.210763,
        "energy": 65.604023,
        "activity_lines": [
          7.661625,
          7.604066,
          7.483495,
          7.439063
        ]
      },
      {
        "date": "2026-07-17",
        "close": 7.549,
        "volume": 626968,
        "typical_volume": 385572.7,
        "trend": 7.393824,
        "fair_value": 6.25197,
        "relative_strength": -1.083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.45579,
        "energy": 46.774785,
        "activity_lines": [
          7.6267,
          7.606059,
          7.497582,
          7.449941
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.629,
        "volume": 272921,
        "typical_volume": 391967.8,
        "trend": 7.410024,
        "fair_value": 6.267002,
        "relative_strength": -1.245659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.316242,
        "energy": 41.661105,
        "activity_lines": [
          7.620667,
          7.617413,
          7.520116,
          7.465114
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.689,
        "volume": 126356,
        "typical_volume": 375560.25,
        "trend": 7.42624,
        "fair_value": 6.283048,
        "relative_strength": -1.672875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.202845,
        "energy": 38.110848,
        "activity_lines": [
          7.6382,
          7.633179,
          7.546682,
          7.483113
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.865,
        "volume": 85377,
        "typical_volume": 374226.05,
        "trend": 7.443607,
        "fair_value": 6.300222,
        "relative_strength": 0.278922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.079142,
        "energy": 57.779604,
        "activity_lines": [
          7.710733,
          7.67951,
          7.587345,
          7.51142
        ]
      }
    ],
    "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."
    }
  }
}