{
  "ticker": {
    "uuid": "958b3385-8019-403f-9908-0beebaa597fe",
    "symbol": "HPF",
    "name": "Harvest Energy Leaders Income ETF Class A CAD Hedged",
    "exchange": "TOR",
    "country": "CA",
    "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": "^GSPTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 56.782,
    "architecture_energy": 54.889,
    "architecture_maturity": 5.7,
    "architecture_confidence": 67.941,
    "architecture_tenure": "New",
    "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": 27.64,
        "rotation_up": 69.81,
        "upward_expansion": 79.03,
        "deceleration": 54.84,
        "rotation_down": 10.97,
        "downward_expansion": 10.36
      },
      "activity_lines": [
        3.855598,
        3.755718,
        3.739343,
        3.714094
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 3.79,
    "trend_reference": 3.62248,
    "distance_from_trend": 0.046244,
    "trend_direction": "Improving",
    "fair_value": 2.949141,
    "distance_from_fair_value": 0.28512,
    "fair_value_direction": "Weakening",
    "relative_strength": 2.285847,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.158303,
    "excess_performance": 0.037881,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.046244,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.078363,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.28512,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.006039,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.022858,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.052646,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.158303,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.188535,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 30800,
      "relative_activity": 0.400208,
      "balance": 2.188535,
      "dry_up": 0.459005,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.041235,
      "annualized_volatility": 0.251196,
      "from_high_reference": -0.057556,
      "from_low_reference": 0.403836
    },
    "levels": {
      "trend_reference": 3.62248,
      "fair_value_reference": 2.949141,
      "structural_low": 3.272029,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 30,
        "median_return": -0.00126,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.005868,
        "regime_survival": 0.666667,
        "best_return": 0.098659,
        "worst_return": -0.169017,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.018134,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.545455,
        "median_excess_return": 0.033421,
        "regime_survival": 0.454545,
        "best_return": 0.178831,
        "worst_return": -0.059741,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.043956,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.02671,
        "regime_survival": 0.166667,
        "best_return": 0.200208,
        "worst_return": -0.109704,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.089865,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.047385,
        "regime_survival": 0.333333,
        "best_return": 0.232233,
        "worst_return": 0.036714,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-13",
        "end": "2024-10-04",
        "tenure": "New",
        "return": 0.062847,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-11",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": -0.111628,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-27",
        "end": "2025-01-17",
        "tenure": "New",
        "return": 0.088421,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-24",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.025672,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.02518,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": 0.110599,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-27",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": 0.060502,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.039479,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-11-14",
        "tenure": "New",
        "return": 0.036663,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-21",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": 0.319872,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-08",
        "end": "2026-05-15",
        "tenure": "New",
        "return": 0.044236,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-22",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": -0.088101,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-26",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": 0.136974,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 2.718765,
        "volume": 47000,
        "typical_volume": 47835.0,
        "trend": 2.568032,
        "fair_value": 2.1334,
        "relative_strength": 5.76875,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.41628,
        "energy": 70.692534,
        "activity_lines": [
          2.693304,
          2.629508,
          2.573165,
          2.561485
        ]
      },
      {
        "date": "2023-08-25",
        "close": 2.680149,
        "volume": 51800,
        "typical_volume": 48070.0,
        "trend": 2.564914,
        "fair_value": 2.141697,
        "relative_strength": 4.104174,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 65.022681,
        "energy": 75.708961,
        "activity_lines": [
          2.69714,
          2.647516,
          2.585016,
          2.568718
        ]
      },
      {
        "date": "2023-09-01",
        "close": 2.77711,
        "volume": 43200,
        "typical_volume": 47340.0,
        "trend": 2.569584,
        "fair_value": 2.150934,
        "relative_strength": 4.053179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.211843,
        "energy": 83.0584,
        "activity_lines": [
          2.727401,
          2.680076,
          2.605794,
          2.582408
        ]
      },
      {
        "date": "2023-09-08",
        "close": 2.808225,
        "volume": 13700,
        "typical_volume": 45995.0,
        "trend": 2.571105,
        "fair_value": 2.16077,
        "relative_strength": 7.475769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.596855,
        "energy": 85.825625,
        "activity_lines": [
          2.757965,
          2.711791,
          2.62898,
          2.597805
        ]
      },
      {
        "date": "2023-09-15",
        "close": 2.808225,
        "volume": 25200,
        "typical_volume": 45595.0,
        "trend": 2.577551,
        "fair_value": 2.170525,
        "relative_strength": 4.457414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.752731,
        "energy": 81.374421,
        "activity_lines": [
          2.778961,
          2.738176,
          2.651142,
          2.613103
        ]
      },
      {
        "date": "2023-09-22",
        "close": 2.738213,
        "volume": 35300,
        "typical_volume": 46155.0,
        "trend": 2.581416,
        "fair_value": 2.18039,
        "relative_strength": 5.915757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.40887,
        "energy": 71.432262,
        "activity_lines": [
          2.772201,
          2.746221,
          2.665416,
          2.623468
        ]
      },
      {
        "date": "2023-09-29",
        "close": 2.780755,
        "volume": 47200,
        "typical_volume": 46200.0,
        "trend": 2.58484,
        "fair_value": 2.190813,
        "relative_strength": 8.576582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.182339,
        "energy": 57.653778,
        "activity_lines": [
          2.778324,
          2.758084,
          2.682602,
          2.636328
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2.655426,
        "volume": 65600,
        "typical_volume": 49215.0,
        "trend": 2.588302,
        "fair_value": 2.200068,
        "relative_strength": 5.252441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.072973,
        "energy": 36.352441,
        "activity_lines": [
          2.735964,
          2.743722,
          2.686296,
          2.640882
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2.792505,
        "volume": 30000,
        "typical_volume": 49625.0,
        "trend": 2.60278,
        "fair_value": 2.210405,
        "relative_strength": 9.316903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.925426,
        "energy": 35.295563,
        "activity_lines": [
          2.74741,
          2.75375,
          2.702156,
          2.654057
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2.804254,
        "volume": 52700,
        "typical_volume": 48105.0,
        "trend": 2.616162,
        "fair_value": 2.220816,
        "relative_strength": 11.623412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.920537,
        "energy": 41.614339,
        "activity_lines": [
          2.763819,
          2.76359,
          2.717523,
          2.667055
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2.710257,
        "volume": 55100,
        "typical_volume": 48935.0,
        "trend": 2.622315,
        "fair_value": 2.231027,
        "relative_strength": 9.939851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.785782,
        "energy": 26.168631,
        "activity_lines": [
          2.749162,
          2.755208,
          2.722431,
          2.673126
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2.769433,
        "volume": 21500,
        "typical_volume": 48940.0,
        "trend": 2.627442,
        "fair_value": 2.241494,
        "relative_strength": 6.216812,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.339361,
        "energy": 33.555981,
        "activity_lines": [
          2.756093,
          2.757739,
          2.732062,
          2.682617
        ]
      },
      {
        "date": "2023-11-10",
        "close": 2.690532,
        "volume": 40400,
        "typical_volume": 49595.0,
        "trend": 2.62844,
        "fair_value": 2.250343,
        "relative_strength": 4.138873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.47865,
        "energy": 22.586204,
        "activity_lines": [
          2.737478,
          2.744301,
          2.732947,
          2.686688
        ]
      },
      {
        "date": "2023-11-17",
        "close": 2.729982,
        "volume": 41900,
        "typical_volume": 49445.0,
        "trend": 2.633002,
        "fair_value": 2.259034,
        "relative_strength": 2.988031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.266375,
        "energy": 17.47562,
        "activity_lines": [
          2.729674,
          2.73961,
          2.736299,
          2.693239
        ]
      },
      {
        "date": "2023-11-24",
        "close": 2.729982,
        "volume": 10400,
        "typical_volume": 46365.0,
        "trend": 2.638937,
        "fair_value": 2.26686,
        "relative_strength": 3.391074,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.075736,
        "energy": 11.910931,
        "activity_lines": [
          2.726037,
          2.736341,
          2.738628,
          2.699495
        ]
      },
      {
        "date": "2023-12-01",
        "close": 2.741847,
        "volume": 68500,
        "typical_volume": 44695.0,
        "trend": 2.647029,
        "fair_value": 2.274636,
        "relative_strength": 2.070883,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.486665,
        "energy": 12.54818,
        "activity_lines": [
          2.731307,
          2.736653,
          2.74099,
          2.706135
        ]
      },
      {
        "date": "2023-12-08",
        "close": 2.662372,
        "volume": 107000,
        "typical_volume": 48100.0,
        "trend": 2.653982,
        "fair_value": 2.281904,
        "relative_strength": -0.324627,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.872,
        "energy": 7.080134,
        "activity_lines": [
          2.707979,
          2.722448,
          2.734739,
          2.707125
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2.70211,
        "volume": 77700,
        "typical_volume": 50230.0,
        "trend": 2.661756,
        "fair_value": 2.289801,
        "relative_strength": 0.19368,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.76465,
        "energy": 9.68017,
        "activity_lines": [
          2.705035,
          2.717621,
          2.731936,
          2.71023
        ]
      },
      {
        "date": "2023-12-22",
        "close": 2.765689,
        "volume": 39100,
        "typical_volume": 49235.0,
        "trend": 2.672153,
        "fair_value": 2.298397,
        "relative_strength": 0.902555,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.228602,
        "energy": 10.757995,
        "activity_lines": [
          2.722512,
          2.723505,
          2.734827,
          2.716935
        ]
      },
      {
        "date": "2023-12-29",
        "close": 2.745563,
        "volume": 46400,
        "typical_volume": 45985.0,
        "trend": 2.680738,
        "fair_value": 2.306698,
        "relative_strength": -0.095856,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.085118,
        "energy": 12.313079,
        "activity_lines": [
          2.730899,
          2.726217,
          2.73532,
          2.721671
        ]
      },
      {
        "date": "2024-01-05",
        "close": 2.8096,
        "volume": 33700,
        "typical_volume": 45320.0,
        "trend": 2.690442,
        "fair_value": 2.314593,
        "relative_strength": 2.333867,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.1776,
        "energy": 33.155841,
        "activity_lines": [
          2.759594,
          2.74164,
          2.741894,
          2.729985
        ]
      },
      {
        "date": "2024-01-12",
        "close": 2.705541,
        "volume": 36600,
        "typical_volume": 44560.0,
        "trend": 2.696932,
        "fair_value": 2.321758,
        "relative_strength": -1.64939,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.22203,
        "energy": 19.031225,
        "activity_lines": [
          2.749085,
          2.736336,
          2.738125,
          2.730959
        ]
      },
      {
        "date": "2024-01-19",
        "close": 2.609485,
        "volume": 66400,
        "typical_volume": 45720.0,
        "trend": 2.703263,
        "fair_value": 2.328433,
        "relative_strength": -4.624996,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -17.007492,
        "energy": 13.39668,
        "activity_lines": [
          2.70368,
          2.714729,
          2.725087,
          2.725317
        ]
      },
      {
        "date": "2024-01-26",
        "close": 2.713545,
        "volume": 50400,
        "typical_volume": 47555.0,
        "trend": 2.70988,
        "fair_value": 2.336321,
        "relative_strength": -1.770221,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.635974,
        "energy": 18.908041,
        "activity_lines": [
          2.699137,
          2.713516,
          2.722758,
          2.725981
        ]
      },
      {
        "date": "2024-02-02",
        "close": 2.677315,
        "volume": 85400,
        "typical_volume": 50565.0,
        "trend": 2.715801,
        "fair_value": 2.343429,
        "relative_strength": -2.89613,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.566983,
        "energy": 27.615542,
        "activity_lines": [
          2.685993,
          2.706015,
          2.71743,
          2.72388
        ]
      },
      {
        "date": "2024-02-09",
        "close": 2.661188,
        "volume": 51800,
        "typical_volume": 51390.0,
        "trend": 2.720417,
        "fair_value": 2.35014,
        "relative_strength": -3.029198,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.148472,
        "energy": 51.541687,
        "activity_lines": [
          2.672023,
          2.696539,
          2.711189,
          2.720356
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2.725701,
        "volume": 51300,
        "typical_volume": 51595.0,
        "trend": 2.724883,
        "fair_value": 2.356927,
        "relative_strength": -1.839105,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.245275,
        "energy": 29.50037,
        "activity_lines": [
          2.689452,
          2.700259,
          2.711458,
          2.720697
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2.717636,
        "volume": 14100,
        "typical_volume": 49020.0,
        "trend": 2.727935,
        "fair_value": 2.363371,
        "relative_strength": -2.810142,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -33.883494,
        "energy": 16.386889,
        "activity_lines": [
          2.702848,
          2.701361,
          2.711222,
          2.72023
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2.770384,
        "volume": 43800,
        "typical_volume": 49710.0,
        "trend": 2.731458,
        "fair_value": 2.36935,
        "relative_strength": -1.540785,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -12.7048,
        "energy": 10.142765,
        "activity_lines": [
          2.726617,
          2.711771,
          2.715713,
          2.722968
        ]
      },
      {
        "date": "2024-03-08",
        "close": 2.794758,
        "volume": 53700,
        "typical_volume": 49760.0,
        "trend": 2.733218,
        "fair_value": 2.375316,
        "relative_strength": -1.513604,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 22.510907,
        "energy": 23.363281,
        "activity_lines": [
          2.754722,
          2.726528,
          2.722631,
          2.727052
        ]
      },
      {
        "date": "2024-03-15",
        "close": 2.859751,
        "volume": 34600,
        "typical_volume": 48735.0,
        "trend": 2.737918,
        "fair_value": 2.382332,
        "relative_strength": 0.125036,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 46.728772,
        "energy": 54.43114,
        "activity_lines": [
          2.796661,
          2.752207,
          2.735784,
          2.735215
        ]
      },
      {
        "date": "2024-03-22",
        "close": 2.892249,
        "volume": 40000,
        "typical_volume": 49660.0,
        "trend": 2.744988,
        "fair_value": 2.389472,
        "relative_strength": 0.517997,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 79.747739,
        "energy": 78.478148,
        "activity_lines": [
          2.836195,
          2.782884,
          2.75132,
          2.745172
        ]
      },
      {
        "date": "2024-03-29",
        "close": 2.945313,
        "volume": 26200,
        "typical_volume": 48950.0,
        "trend": 2.750595,
        "fair_value": 2.396826,
        "relative_strength": 1.410128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.699545,
        "energy": 86.087699,
        "activity_lines": [
          2.882314,
          2.819813,
          2.771325,
          2.758097
        ]
      },
      {
        "date": "2024-04-05",
        "close": 3.043491,
        "volume": 67100,
        "typical_volume": 50210.0,
        "trend": 2.758437,
        "fair_value": 2.405232,
        "relative_strength": 4.22207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.594106,
        "energy": 94.495547,
        "activity_lines": [
          2.945981,
          2.868487,
          2.799467,
          2.776993
        ]
      },
      {
        "date": "2024-04-12",
        "close": 2.994402,
        "volume": 55900,
        "typical_volume": 52485.0,
        "trend": 2.764643,
        "fair_value": 2.413217,
        "relative_strength": 4.133514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.663805,
        "energy": 90.506135,
        "activity_lines": [
          2.975077,
          2.902237,
          2.821441,
          2.792217
        ]
      },
      {
        "date": "2024-04-19",
        "close": 2.953495,
        "volume": 78200,
        "typical_volume": 52970.0,
        "trend": 2.771819,
        "fair_value": 2.421089,
        "relative_strength": 2.994373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.894053,
        "energy": 87.460173,
        "activity_lines": [
          2.977229,
          2.922784,
          2.83826,
          2.804401
        ]
      },
      {
        "date": "2024-04-26",
        "close": 2.990312,
        "volume": 15800,
        "typical_volume": 48410.0,
        "trend": 2.778804,
        "fair_value": 2.428985,
        "relative_strength": 3.322106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.547923,
        "energy": 86.939592,
        "activity_lines": [
          2.985403,
          2.94471,
          2.857577,
          2.818497
        ]
      },
      {
        "date": "2024-05-03",
        "close": 2.895577,
        "volume": 42000,
        "typical_volume": 46625.0,
        "trend": 2.786809,
        "fair_value": 2.435551,
        "relative_strength": -0.001826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.120693,
        "energy": 55.768282,
        "activity_lines": [
          2.955461,
          2.9446,
          2.86631,
          2.826031
        ]
      },
      {
        "date": "2024-05-10",
        "close": 2.949122,
        "volume": 69700,
        "typical_volume": 48155.0,
        "trend": 2.79203,
        "fair_value": 2.442418,
        "relative_strength": 0.021637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.716084,
        "energy": 43.435778,
        "activity_lines": [
          2.946683,
          2.950991,
          2.879222,
          2.836503
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2.961479,
        "volume": 76800,
        "typical_volume": 49675.0,
        "trend": 2.79727,
        "fair_value": 2.449491,
        "relative_strength": -0.411252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.49572,
        "energy": 41.826152,
        "activity_lines": [
          2.948316,
          2.956379,
          2.892437,
          2.847435
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2.899695,
        "volume": 115200,
        "typical_volume": 53750.0,
        "trend": 2.803585,
        "fair_value": 2.456254,
        "relative_strength": -1.953519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.240866,
        "energy": 28.730877,
        "activity_lines": [
          2.931548,
          2.947501,
          2.89874,
          2.854043
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2.908171,
        "volume": 26400,
        "typical_volume": 53240.0,
        "trend": 2.80821,
        "fair_value": 2.462515,
        "relative_strength": -1.528854,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.907598,
        "energy": 27.306435,
        "activity_lines": [
          2.921193,
          2.939439,
          2.905421,
          2.86079
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2.837646,
        "volume": 35600,
        "typical_volume": 51700.0,
        "trend": 2.813113,
        "fair_value": 2.468283,
        "relative_strength": -2.805444,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.662341,
        "energy": 17.566422,
        "activity_lines": [
          2.892805,
          2.918265,
          2.90442,
          2.862689
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2.754673,
        "volume": 101000,
        "typical_volume": 54230.0,
        "trend": 2.813936,
        "fair_value": 2.474116,
        "relative_strength": -4.065572,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -14.149995,
        "energy": 24.775721,
        "activity_lines": [
          2.840622,
          2.883962,
          2.89443,
          2.858919
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2.796159,
        "volume": 107100,
        "typical_volume": 55315.0,
        "trend": 2.816142,
        "fair_value": 2.479702,
        "relative_strength": -2.312883,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -23.069001,
        "energy": 32.296803,
        "activity_lines": [
          2.815231,
          2.862453,
          2.888196,
          2.857772
        ]
      },
      {
        "date": "2024-06-28",
        "close": 2.870986,
        "volume": 65300,
        "typical_volume": 55990.0,
        "trend": 2.820447,
        "fair_value": 2.485853,
        "relative_strength": -1.262385,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.181691,
        "energy": 21.77438,
        "activity_lines": [
          2.825803,
          2.858154,
          2.888523,
          2.86131
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2.85845,
        "volume": 61000,
        "typical_volume": 56475.0,
        "trend": 2.826983,
        "fair_value": 2.492245,
        "relative_strength": -2.559739,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.49206,
        "energy": 18.602426,
        "activity_lines": [
          2.834111,
          2.853075,
          2.886656,
          2.863762
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2.875166,
        "volume": 60900,
        "typical_volume": 58815.0,
        "trend": 2.832751,
        "fair_value": 2.499536,
        "relative_strength": -4.677951,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.937902,
        "energy": 8.484407,
        "activity_lines": [
          2.851305,
          2.853433,
          2.885749,
          2.866871
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2.90024,
        "volume": 22500,
        "typical_volume": 57750.0,
        "trend": 2.837236,
        "fair_value": 2.507031,
        "relative_strength": -3.941674,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.150255,
        "energy": 20.052747,
        "activity_lines": [
          2.874356,
          2.858721,
          2.88648,
          2.871225
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2.904418,
        "volume": 86300,
        "typical_volume": 59380.0,
        "trend": 2.842532,
        "fair_value": 2.514425,
        "relative_strength": -4.318468,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.866608,
        "energy": 22.974023,
        "activity_lines": [
          2.889096,
          2.865658,
          2.886991,
          2.875559
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2.807634,
        "volume": 93000,
        "typical_volume": 62300.0,
        "trend": 2.842466,
        "fair_value": 2.521112,
        "relative_strength": -4.989694,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.117125,
        "energy": 10.068706,
        "activity_lines": [
          2.864356,
          2.856035,
          2.877762,
          2.873308
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2.837099,
        "volume": 51900,
        "typical_volume": 62895.0,
        "trend": 2.846851,
        "fair_value": 2.528032,
        "relative_strength": -4.253068,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.004836,
        "energy": 5.757461,
        "activity_lines": [
          2.853662,
          2.853443,
          2.871587,
          2.872962
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2.870774,
        "volume": 26700,
        "typical_volume": 62920.0,
        "trend": 2.855561,
        "fair_value": 2.535855,
        "relative_strength": -6.067959,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.361409,
        "energy": 6.594084,
        "activity_lines": [
          2.855616,
          2.858266,
          2.868882,
          2.874505
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2.870774,
        "volume": 101300,
        "typical_volume": 64630.0,
        "trend": 2.860802,
        "fair_value": 2.542904,
        "relative_strength": -6.841862,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.758012,
        "energy": 11.696642,
        "activity_lines": [
          2.857863,
          2.862487,
          2.866532,
          2.875486
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2.879069,
        "volume": 88200,
        "typical_volume": 66245.0,
        "trend": 2.867527,
        "fair_value": 2.550092,
        "relative_strength": -6.652465,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.468653,
        "energy": 1.60865,
        "activity_lines": [
          2.86484,
          2.866105,
          2.865794,
          2.876665
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2.730664,
        "volume": 174400,
        "typical_volume": 71055.0,
        "trend": 2.869843,
        "fair_value": 2.556459,
        "relative_strength": -9.003932,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -68.296954,
        "energy": 45.142065,
        "activity_lines": [
          2.824038,
          2.841233,
          2.851472,
          2.867835
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2.722183,
        "volume": 206300,
        "typical_volume": 80580.0,
        "trend": 2.869726,
        "fair_value": 2.562512,
        "relative_strength": -12.051326,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.676818,
        "energy": 62.441541,
        "activity_lines": [
          2.78554,
          2.81737,
          2.837403,
          2.858309
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2.790026,
        "volume": 266300,
        "typical_volume": 91795.0,
        "trend": 2.872139,
        "fair_value": 2.568612,
        "relative_strength": -10.705951,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.191205,
        "energy": 58.917598,
        "activity_lines": [
          2.777318,
          2.80832,
          2.831073,
          2.853167
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2.756506,
        "volume": 148600,
        "typical_volume": 95740.0,
        "trend": 2.871676,
        "fair_value": 2.573978,
        "relative_strength": -11.754856,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.710325,
        "energy": 63.619136,
        "activity_lines": [
          2.763305,
          2.794723,
          2.822052,
          2.845707
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2.893264,
        "volume": 204700,
        "typical_volume": 102135.0,
        "trend": 2.87496,
        "fair_value": 2.579615,
        "relative_strength": -7.918823,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.524533,
        "energy": 23.825849,
        "activity_lines": [
          2.802497,
          2.808605,
          2.826973,
          2.847099
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2.90181,
        "volume": 109300,
        "typical_volume": 101840.0,
        "trend": 2.876362,
        "fair_value": 2.585002,
        "relative_strength": -8.473717,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.537819,
        "energy": 11.501083,
        "activity_lines": [
          2.843591,
          2.824243,
          2.833033,
          2.848832
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2.837706,
        "volume": 53400,
        "typical_volume": 103190.0,
        "trend": 2.874543,
        "fair_value": 2.590023,
        "relative_strength": -11.336202,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.01682,
        "energy": 16.980626,
        "activity_lines": [
          2.851907,
          2.826514,
          2.832978,
          2.846338
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2.829159,
        "volume": 82300,
        "typical_volume": 105525.0,
        "trend": 2.870672,
        "fair_value": 2.595292,
        "relative_strength": -9.917169,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.205683,
        "energy": 18.484301,
        "activity_lines": [
          2.849672,
          2.82722,
          2.832444,
          2.84341
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2.735071,
        "volume": 124300,
        "typical_volume": 106690.0,
        "trend": 2.860391,
        "fair_value": 2.599828,
        "relative_strength": -11.808604,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.104354,
        "energy": 18.796039,
        "activity_lines": [
          2.813466,
          2.811575,
          2.82299,
          2.834661
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2.816908,
        "volume": 84900,
        "typical_volume": 105580.0,
        "trend": 2.854475,
        "fair_value": 2.605105,
        "relative_strength": -10.70897,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.566932,
        "energy": 23.063696,
        "activity_lines": [
          2.805968,
          2.813277,
          2.821424,
          2.831856
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2.842752,
        "volume": 47600,
        "typical_volume": 104695.0,
        "trend": 2.850783,
        "fair_value": 2.611157,
        "relative_strength": -10.078727,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.227496,
        "energy": 19.629074,
        "activity_lines": [
          2.812175,
          2.820809,
          2.82222,
          2.8311
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2.903052,
        "volume": 41600,
        "typical_volume": 103725.0,
        "trend": 2.847874,
        "fair_value": 2.617508,
        "relative_strength": -9.873097,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.784385,
        "energy": 2.572117,
        "activity_lines": [
          2.84242,
          2.837266,
          2.828893,
          2.834472
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2.86432,
        "volume": 39900,
        "typical_volume": 102675.0,
        "trend": 2.846833,
        "fair_value": 2.623764,
        "relative_strength": -11.480879,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.712008,
        "energy": 12.147418,
        "activity_lines": [
          2.855397,
          2.843392,
          2.831665,
          2.835533
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2.755823,
        "volume": 122800,
        "typical_volume": 107690.0,
        "trend": 2.840389,
        "fair_value": 2.628975,
        "relative_strength": -14.671033,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.31644,
        "energy": 14.240176,
        "activity_lines": [
          2.829864,
          2.828441,
          2.824155,
          2.829661
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2.725444,
        "volume": 97800,
        "typical_volume": 108265.0,
        "trend": 2.832521,
        "fair_value": 2.634385,
        "relative_strength": -13.904359,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.525332,
        "energy": 31.290347,
        "activity_lines": [
          2.792822,
          2.807978,
          2.814441,
          2.822245
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2.577888,
        "volume": 176500,
        "typical_volume": 112440.0,
        "trend": 2.821795,
        "fair_value": 2.638586,
        "relative_strength": -15.974951,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -77.199346,
        "energy": 70.866314,
        "activity_lines": [
          2.712692,
          2.763739,
          2.791525,
          2.805817
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2.621286,
        "volume": 92700,
        "typical_volume": 114480.0,
        "trend": 2.812232,
        "fair_value": 2.643001,
        "relative_strength": -14.907059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.160326,
        "energy": 78.088056,
        "activity_lines": [
          2.664685,
          2.73328,
          2.773837,
          2.792881
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2.739292,
        "volume": 215200,
        "typical_volume": 123905.0,
        "trend": 2.808953,
        "fair_value": 2.647249,
        "relative_strength": -11.718246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.981822,
        "energy": 72.541281,
        "activity_lines": [
          2.674799,
          2.728211,
          2.768414,
          2.788176
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2.778674,
        "volume": 122300,
        "typical_volume": 124955.0,
        "trend": 2.809753,
        "fair_value": 2.651135,
        "relative_strength": -9.107417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.720704,
        "energy": 58.535324,
        "activity_lines": [
          2.706374,
          2.731936,
          2.767369,
          2.786222
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2.853064,
        "volume": 144000,
        "typical_volume": 127745.0,
        "trend": 2.81165,
        "fair_value": 2.655981,
        "relative_strength": -7.633339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.018068,
        "energy": 10.713253,
        "activity_lines": [
          2.761223,
          2.748395,
          2.773847,
          2.789016
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2.791801,
        "volume": 343200,
        "typical_volume": 136185.0,
        "trend": 2.809011,
        "fair_value": 2.660017,
        "relative_strength": -10.776119,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.408144,
        "energy": 20.606384,
        "activity_lines": [
          2.787144,
          2.753057,
          2.774614,
          2.787736
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2.717028,
        "volume": 101700,
        "typical_volume": 130955.0,
        "trend": 2.804296,
        "fair_value": 2.662868,
        "relative_strength": -13.105791,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.419773,
        "energy": 22.207144,
        "activity_lines": [
          2.773878,
          2.74505,
          2.767969,
          2.781801
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2.743492,
        "volume": 67400,
        "typical_volume": 121010.0,
        "trend": 2.799907,
        "fair_value": 2.665579,
        "relative_strength": -11.687161,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.263953,
        "energy": 16.854921,
        "activity_lines": [
          2.763052,
          2.745237,
          2.763869,
          2.777879
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2.796421,
        "volume": 171200,
        "typical_volume": 122140.0,
        "trend": 2.796447,
        "fair_value": 2.669115,
        "relative_strength": -9.863113,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.805559,
        "energy": 9.924835,
        "activity_lines": [
          2.769588,
          2.757245,
          2.765031,
          2.777654
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2.778779,
        "volume": 71200,
        "typical_volume": 115465.0,
        "trend": 2.792259,
        "fair_value": 2.672648,
        "relative_strength": -8.998369,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.332113,
        "energy": 8.767657,
        "activity_lines": [
          2.769061,
          2.765307,
          2.764323,
          2.776514
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2.761207,
        "volume": 64700,
        "typical_volume": 113235.0,
        "trend": 2.790711,
        "fair_value": 2.675491,
        "relative_strength": -10.169859,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.130345,
        "energy": 10.856749,
        "activity_lines": [
          2.767628,
          2.769204,
          2.762487,
          2.77451
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2.698957,
        "volume": 130200,
        "typical_volume": 117075.0,
        "trend": 2.786106,
        "fair_value": 2.677803,
        "relative_strength": -9.663428,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.113135,
        "energy": 17.82548,
        "activity_lines": [
          2.747486,
          2.75845,
          2.755392,
          2.768591
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2.765653,
        "volume": 63900,
        "typical_volume": 116155.0,
        "trend": 2.782602,
        "fair_value": 2.680541,
        "relative_strength": -6.384433,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.709201,
        "energy": 14.71542,
        "activity_lines": [
          2.75078,
          2.75841,
          2.755309,
          2.767271
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2.836795,
        "volume": 149800,
        "typical_volume": 117430.0,
        "trend": 2.78147,
        "fair_value": 2.682672,
        "relative_strength": -5.301083,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.89274,
        "energy": 3.049568,
        "activity_lines": [
          2.77631,
          2.770826,
          2.762304,
          2.770767
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2.863473,
        "volume": 283800,
        "typical_volume": 127375.0,
        "trend": 2.78095,
        "fair_value": 2.685105,
        "relative_strength": -3.335691,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.194814,
        "energy": 24.947142,
        "activity_lines": [
          2.808042,
          2.787036,
          2.771356,
          2.776058
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2.491536,
        "volume": 148000,
        "typical_volume": 132395.0,
        "trend": 2.772979,
        "fair_value": 2.684909,
        "relative_strength": -9.78914,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.412212,
        "energy": 40.616168,
        "activity_lines": [
          2.710148,
          2.735431,
          2.744763,
          2.757386
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2.428799,
        "volume": 198100,
        "typical_volume": 140220.0,
        "trend": 2.7632,
        "fair_value": 2.684221,
        "relative_strength": -13.056626,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -78.217145,
        "energy": 69.828409,
        "activity_lines": [
          2.60932,
          2.677879,
          2.713868,
          2.735181
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2.504979,
        "volume": 144400,
        "typical_volume": 145445.0,
        "trend": 2.753698,
        "fair_value": 2.68469,
        "relative_strength": -12.116923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.528271,
        "energy": 74.250037,
        "activity_lines": [
          2.551896,
          2.639419,
          2.692486,
          2.718522
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2.554272,
        "volume": 92300,
        "typical_volume": 143920.0,
        "trend": 2.746957,
        "fair_value": 2.685451,
        "relative_strength": -11.793534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.579262,
        "energy": 74.360762,
        "activity_lines": [
          2.528281,
          2.614258,
          2.67751,
          2.705655
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2.558793,
        "volume": 164000,
        "typical_volume": 147230.0,
        "trend": 2.735808,
        "fair_value": 2.685258,
        "relative_strength": -12.343198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.781236,
        "energy": 71.370033,
        "activity_lines": [
          2.525008,
          2.594321,
          2.663925,
          2.693516
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2.581398,
        "volume": 57000,
        "typical_volume": 141255.0,
        "trend": 2.725127,
        "fair_value": 2.685701,
        "relative_strength": -12.266635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.581902,
        "energy": 46.518376,
        "activity_lines": [
          2.549582,
          2.582494,
          2.653285,
          2.683554
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2.65373,
        "volume": 210400,
        "typical_volume": 147140.0,
        "trend": 2.718995,
        "fair_value": 2.68634,
        "relative_strength": -11.506399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.191844,
        "energy": 26.201485,
        "activity_lines": [
          2.592276,
          2.587087,
          2.649518,
          2.678948
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2.567835,
        "volume": 17000,
        "typical_volume": 137230.0,
        "trend": 2.710284,
        "fair_value": 2.685309,
        "relative_strength": -13.625169,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.915883,
        "energy": 23.326,
        "activity_lines": [
          2.591343,
          2.576886,
          2.637416,
          2.669195
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2.567675,
        "volume": 59100,
        "typical_volume": 134070.0,
        "trend": 2.704704,
        "fair_value": 2.684031,
        "relative_strength": -14.137177,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.033754,
        "energy": 21.712153,
        "activity_lines": [
          2.586166,
          2.570252,
          2.626115,
          2.659995
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2.636086,
        "volume": 2042800,
        "typical_volume": 229010.0,
        "trend": 2.698677,
        "fair_value": 2.683236,
        "relative_strength": -12.265459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.211416,
        "energy": 18.387892,
        "activity_lines": [
          2.6029,
          2.58095,
          2.622334,
          2.655568
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2.79115,
        "volume": 218000,
        "typical_volume": 222750.0,
        "trend": 2.696957,
        "fair_value": 2.685905,
        "relative_strength": -7.02264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.183385,
        "energy": 9.815225,
        "activity_lines": [
          2.666168,
          2.623975,
          2.634355,
          2.661534
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2.782028,
        "volume": 51800,
        "typical_volume": 220255.0,
        "trend": 2.692923,
        "fair_value": 2.688785,
        "relative_strength": -6.911842,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 21.715406,
        "energy": 23.481512,
        "activity_lines": [
          2.712412,
          2.659894,
          2.64551,
          2.667022
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2.672571,
        "volume": 64400,
        "typical_volume": 220105.0,
        "trend": 2.686531,
        "fair_value": 2.690899,
        "relative_strength": -10.75315,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 10.629127,
        "energy": 20.73915,
        "activity_lines": [
          2.713618,
          2.66949,
          2.64593,
          2.665709
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2.732371,
        "volume": 16700,
        "typical_volume": 212380.0,
        "trend": 2.685749,
        "fair_value": 2.693711,
        "relative_strength": -9.522632,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 18.009669,
        "energy": 30.721582,
        "activity_lines": [
          2.727774,
          2.686912,
          2.652384,
          2.668667
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2.81057,
        "volume": 340700,
        "typical_volume": 225855.0,
        "trend": 2.688587,
        "fair_value": 2.697657,
        "relative_strength": -6.470802,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.180877,
        "energy": 50.043729,
        "activity_lines": [
          2.757017,
          2.715313,
          2.66659,
          2.67672
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2.704771,
        "volume": 72800,
        "typical_volume": 226260.0,
        "trend": 2.692816,
        "fair_value": 2.700338,
        "relative_strength": -10.503861,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.606974,
        "energy": 25.860495,
        "activity_lines": [
          2.739361,
          2.7199,
          2.670569,
          2.677764
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2.741571,
        "volume": 76600,
        "typical_volume": 223580.0,
        "trend": 2.696826,
        "fair_value": 2.702192,
        "relative_strength": -9.447194,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 18.866214,
        "energy": 26.518596,
        "activity_lines": [
          2.739731,
          2.728935,
          2.678321,
          2.680909
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2.704383,
        "volume": 82500,
        "typical_volume": 224510.0,
        "trend": 2.695662,
        "fair_value": 2.704535,
        "relative_strength": -8.690327,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.611896,
        "energy": 18.802675,
        "activity_lines": [
          2.730402,
          2.729611,
          2.682329,
          2.681397
        ]
      },
      {
        "date": "2025-08-08",
        "close": 2.727577,
        "volume": 98600,
        "typical_volume": 221950.0,
        "trend": 2.693959,
        "fair_value": 2.706163,
        "relative_strength": -9.89978,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 11.551734,
        "energy": 9.398856,
        "activity_lines": [
          2.726683,
          2.732022,
          2.688837,
          2.683456
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2.764687,
        "volume": 58100,
        "typical_volume": 210665.0,
        "trend": 2.691013,
        "fair_value": 2.707984,
        "relative_strength": -8.744864,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 19.332545,
        "energy": 15.22282,
        "activity_lines": [
          2.735654,
          2.738273,
          2.6994,
          2.688019
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2.834268,
        "volume": 59700,
        "typical_volume": 206250.0,
        "trend": 2.692429,
        "fair_value": 2.709524,
        "relative_strength": -7.479034,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 66.869379,
        "energy": 43.605915,
        "activity_lines": [
          2.770877,
          2.754836,
          2.71706,
          2.697261
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2.880731,
        "volume": 15900,
        "typical_volume": 197140.0,
        "trend": 2.697885,
        "fair_value": 2.712027,
        "relative_strength": -6.349813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.586452,
        "energy": 66.100163,
        "activity_lines": [
          2.812955,
          2.779064,
          2.737513,
          2.70941
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2.819937,
        "volume": 19000,
        "typical_volume": 190870.0,
        "trend": 2.700433,
        "fair_value": 2.714048,
        "relative_strength": -9.491727,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.273231,
        "energy": 63.62821,
        "activity_lines": [
          2.825491,
          2.790443,
          2.750024,
          2.717284
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2.866701,
        "volume": 43100,
        "typical_volume": 188410.0,
        "trend": 2.702776,
        "fair_value": 2.716826,
        "relative_strength": -8.434444,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.049708,
        "energy": 72.072895,
        "activity_lines": [
          2.845911,
          2.807646,
          2.765489,
          2.728011
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2.857349,
        "volume": 47400,
        "typical_volume": 182580.0,
        "trend": 2.705395,
        "fair_value": 2.720825,
        "relative_strength": -9.879913,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.242263,
        "energy": 67.292859,
        "activity_lines": [
          2.853939,
          2.820706,
          2.778575,
          2.737983
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2.955555,
        "volume": 89000,
        "typical_volume": 184180.0,
        "trend": 2.711873,
        "fair_value": 2.725156,
        "relative_strength": -6.494328,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.794694,
        "energy": 74.518632,
        "activity_lines": [
          2.888525,
          2.850771,
          2.799593,
          2.754123
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2.884848,
        "volume": 60700,
        "typical_volume": 176695.0,
        "trend": 2.71807,
        "fair_value": 2.727375,
        "relative_strength": -10.452634,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.712953,
        "energy": 63.866322,
        "activity_lines": [
          2.891456,
          2.86342,
          2.812095,
          2.765282
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2.781144,
        "volume": 84200,
        "typical_volume": 180055.0,
        "trend": 2.718586,
        "fair_value": 2.729343,
        "relative_strength": -11.467084,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.243586,
        "energy": 40.774477,
        "activity_lines": [
          2.859545,
          2.85461,
          2.81362,
          2.769352
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2.767003,
        "volume": 123400,
        "typical_volume": 183270.0,
        "trend": 2.71626,
        "fair_value": 2.730437,
        "relative_strength": -12.311604,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.601467,
        "energy": 26.359929,
        "activity_lines": [
          2.825506,
          2.841832,
          2.812782,
          2.772475
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2.856565,
        "volume": 207400,
        "typical_volume": 91500.0,
        "trend": 2.716029,
        "fair_value": 2.731622,
        "relative_strength": -9.846564,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.87251,
        "energy": 21.571848,
        "activity_lines": [
          2.827968,
          2.844622,
          2.819525,
          2.781527
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2.85197,
        "volume": 66100,
        "typical_volume": 83905.0,
        "trend": 2.728044,
        "fair_value": 2.732174,
        "relative_strength": -9.407738,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.834535,
        "energy": 22.252384,
        "activity_lines": [
          2.82895,
          2.844905,
          2.82478,
          2.790298
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2.880489,
        "volume": 90300,
        "typical_volume": 85830.0,
        "trend": 2.7431,
        "fair_value": 2.732537,
        "relative_strength": -7.13587,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.96546,
        "energy": 24.195418,
        "activity_lines": [
          2.846345,
          2.850052,
          2.832462,
          2.800133
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2.961295,
        "volume": 65300,
        "typical_volume": 85875.0,
        "trend": 2.758311,
        "fair_value": 2.733743,
        "relative_strength": -5.544886,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 72.907187,
        "energy": 49.870634,
        "activity_lines": [
          2.890965,
          2.869896,
          2.847371,
          2.81421
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2.899503,
        "volume": 79100,
        "typical_volume": 88995.0,
        "trend": 2.769818,
        "fair_value": 2.734322,
        "relative_strength": -6.695718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.061169,
        "energy": 51.811478,
        "activity_lines": [
          2.902978,
          2.875934,
          2.85502,
          2.823319
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2.932971,
        "volume": 44400,
        "typical_volume": 74180.0,
        "trend": 2.782291,
        "fair_value": 2.735462,
        "relative_strength": -8.984594,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.344988,
        "energy": 59.884137,
        "activity_lines": [
          2.917313,
          2.887461,
          2.86506,
          2.833845
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2.971311,
        "volume": 94400,
        "typical_volume": 75260.0,
        "trend": 2.795288,
        "fair_value": 2.738017,
        "relative_strength": -7.369996,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.19028,
        "energy": 67.953675,
        "activity_lines": [
          2.939335,
          2.904584,
          2.878169,
          2.84604
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2.942556,
        "volume": 187700,
        "typical_volume": 80815.0,
        "trend": 2.804916,
        "fair_value": 2.740433,
        "relative_strength": -8.646233,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.440944,
        "energy": 51.321547,
        "activity_lines": [
          2.943816,
          2.916193,
          2.88727,
          2.855541
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2.865877,
        "volume": 123800,
        "typical_volume": 82880.0,
        "trend": 2.81485,
        "fair_value": 2.741564,
        "relative_strength": -11.424184,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.307902,
        "energy": 33.962651,
        "activity_lines": [
          2.918599,
          2.91281,
          2.888112,
          2.859474
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2.88984,
        "volume": 15200,
        "typical_volume": 78710.0,
        "trend": 2.825589,
        "fair_value": 2.742921,
        "relative_strength": -11.106142,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.57889,
        "energy": 25.701424,
        "activity_lines": [
          2.907731,
          2.912244,
          2.890466,
          2.864312
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2.966835,
        "volume": 66300,
        "typical_volume": 79120.0,
        "trend": 2.836614,
        "fair_value": 2.744911,
        "relative_strength": -8.122818,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.629419,
        "energy": 29.334259,
        "activity_lines": [
          2.923173,
          2.923443,
          2.899381,
          2.873425
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2.966835,
        "volume": 74700,
        "typical_volume": 79870.0,
        "trend": 2.84247,
        "fair_value": 2.74662,
        "relative_strength": -9.814622,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.080007,
        "energy": 32.6529,
        "activity_lines": [
          2.936356,
          2.932638,
          2.907333,
          2.881826
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3.039315,
        "volume": 103500,
        "typical_volume": 84250.0,
        "trend": 2.851047,
        "fair_value": 2.748417,
        "relative_strength": -8.426285,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.36402,
        "energy": 59.292372,
        "activity_lines": [
          2.973998,
          2.952922,
          2.921557,
          2.894526
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3.092466,
        "volume": 141600,
        "typical_volume": 90380.0,
        "trend": 2.865043,
        "fair_value": 2.750461,
        "relative_strength": -6.827293,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.087177,
        "energy": 78.047076,
        "activity_lines": [
          3.022907,
          2.979983,
          2.940088,
          2.910101
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3.125956,
        "volume": 106300,
        "typical_volume": 93540.0,
        "trend": 2.878163,
        "fair_value": 2.753595,
        "relative_strength": -2.05484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.838726,
        "energy": 80.733624,
        "activity_lines": [
          3.067873,
          3.010747,
          2.96051,
          2.926934
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3.272029,
        "volume": 59000,
        "typical_volume": 94120.0,
        "trend": 2.893545,
        "fair_value": 2.75686,
        "relative_strength": 0.930501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.523874,
        "energy": 92.157465,
        "activity_lines": [
          3.145789,
          3.063953,
          2.993609,
          2.952345
        ]
      },
      {
        "date": "2026-02-13",
        "close": 3.335327,
        "volume": 70500,
        "typical_volume": 93195.0,
        "trend": 2.914563,
        "fair_value": 2.761479,
        "relative_strength": 1.181463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.179885,
        "energy": 95.861635,
        "activity_lines": [
          3.224458,
          3.122503,
          3.030763,
          2.980847
        ]
      },
      {
        "date": "2026-02-20",
        "close": 3.384018,
        "volume": 48900,
        "typical_volume": 92605.0,
        "trend": 2.935978,
        "fair_value": 2.766362,
        "relative_strength": 0.603182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.956003,
        "energy": 95.013274,
        "activity_lines": [
          3.294791,
          3.183288,
          3.070745,
          3.011135
        ]
      },
      {
        "date": "2026-02-27",
        "close": 3.457476,
        "volume": 123400,
        "typical_volume": 94565.0,
        "trend": 2.961081,
        "fair_value": 2.771358,
        "relative_strength": 1.380902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.205792,
        "energy": 95.429112,
        "activity_lines": [
          3.36663,
          3.249401,
          3.115346,
          3.04478
        ]
      },
      {
        "date": "2026-03-06",
        "close": 3.550656,
        "volume": 103200,
        "typical_volume": 93555.0,
        "trend": 2.988517,
        "fair_value": 2.777763,
        "relative_strength": 8.101983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.028673,
        "energy": 96.115157,
        "activity_lines": [
          3.445195,
          3.321701,
          3.1656,
          3.082817
        ]
      },
      {
        "date": "2026-03-13",
        "close": 3.658549,
        "volume": 82200,
        "typical_volume": 87295.0,
        "trend": 3.018312,
        "fair_value": 2.786099,
        "relative_strength": 13.246025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.336574,
        "energy": 96.136577,
        "activity_lines": [
          3.531411,
          3.401602,
          3.222399,
          3.126045
        ]
      },
      {
        "date": "2026-03-20",
        "close": 3.805676,
        "volume": 146600,
        "typical_volume": 91320.0,
        "trend": 3.050693,
        "fair_value": 2.795091,
        "relative_strength": 22.218971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.154278,
        "energy": 97.371477,
        "activity_lines": [
          3.640901,
          3.495677,
          3.289391,
          3.176842
        ]
      },
      {
        "date": "2026-03-27",
        "close": 3.97242,
        "volume": 299200,
        "typical_volume": 101765.0,
        "trend": 3.087082,
        "fair_value": 2.804365,
        "relative_strength": 24.797659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.404237,
        "energy": 96.109023,
        "activity_lines": [
          3.774616,
          3.604818,
          3.367721,
          3.236308
        ]
      },
      {
        "date": "2026-04-03",
        "close": 3.87872,
        "volume": 268400,
        "typical_volume": 111920.0,
        "trend": 3.122375,
        "fair_value": 2.812462,
        "relative_strength": 17.410064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.262942,
        "energy": 78.371765,
        "activity_lines": [
          3.837871,
          3.679957,
          3.431928,
          3.287382
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3.750416,
        "volume": 67000,
        "typical_volume": 111315.0,
        "trend": 3.151832,
        "fair_value": 2.819448,
        "relative_strength": 11.367669,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.167082,
        "energy": 67.975365,
        "activity_lines": [
          3.830275,
          3.717472,
          3.479547,
          3.327901
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3.572765,
        "volume": 130400,
        "typical_volume": 115615.0,
        "trend": 3.17568,
        "fair_value": 2.825728,
        "relative_strength": 4.073434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.136653,
        "energy": 63.699456,
        "activity_lines": [
          3.750144,
          3.711333,
          3.506195,
          3.355058
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3.691199,
        "volume": 108200,
        "typical_volume": 116305.0,
        "trend": 3.200201,
        "fair_value": 2.833031,
        "relative_strength": 8.810539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.094639,
        "energy": 48.374532,
        "activity_lines": [
          3.715211,
          3.72126,
          3.541076,
          3.388317
        ]
      },
      {
        "date": "2026-05-01",
        "close": 3.826974,
        "volume": 55100,
        "typical_volume": 109675.0,
        "trend": 3.231605,
        "fair_value": 2.841543,
        "relative_strength": 12.624373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.393916,
        "energy": 45.470105,
        "activity_lines": [
          3.733168,
          3.749402,
          3.585459,
          3.428754
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3.679024,
        "volume": 110300,
        "typical_volume": 109000.0,
        "trend": 3.261535,
        "fair_value": 2.849397,
        "relative_strength": 7.550401,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.604071,
        "energy": 34.626529,
        "activity_lines": [
          3.711504,
          3.742591,
          3.611541,
          3.45762
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3.841769,
        "volume": 46000,
        "typical_volume": 110540.0,
        "trend": 3.29736,
        "fair_value": 2.858198,
        "relative_strength": 12.873347,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.128245,
        "energy": 42.81794,
        "activity_lines": [
          3.757402,
          3.761342,
          3.64925,
          3.495054
        ]
      },
      {
        "date": "2026-05-22",
        "close": 3.876291,
        "volume": 131500,
        "typical_volume": 113800.0,
        "trend": 3.331351,
        "fair_value": 2.867316,
        "relative_strength": 11.497822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.486291,
        "energy": 49.810763,
        "activity_lines": [
          3.808717,
          3.781076,
          3.685714,
          3.532404
        ]
      },
      {
        "date": "2026-05-29",
        "close": 3.68869,
        "volume": 58600,
        "typical_volume": 112995.0,
        "trend": 3.359242,
        "fair_value": 2.875013,
        "relative_strength": 5.033064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.787615,
        "energy": 38.731125,
        "activity_lines": [
          3.777263,
          3.762743,
          3.69998,
          3.555459
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3.802875,
        "volume": 7300,
        "typical_volume": 108185.0,
        "trend": 3.389988,
        "fair_value": 2.883246,
        "relative_strength": 9.179594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.557697,
        "energy": 39.37261,
        "activity_lines": [
          3.784038,
          3.767297,
          3.721684,
          3.58408
        ]
      },
      {
        "date": "2026-06-12",
        "close": 3.792946,
        "volume": 34300,
        "typical_volume": 102820.0,
        "trend": 3.417709,
        "fair_value": 2.891465,
        "relative_strength": 7.193823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.227949,
        "energy": 35.474458,
        "activity_lines": [
          3.78911,
          3.773128,
          3.738806,
          3.610077
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3.534787,
        "volume": 23100,
        "typical_volume": 98660.0,
        "trend": 3.438886,
        "fair_value": 2.898614,
        "relative_strength": -0.116543,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.00519,
        "energy": 14.61032,
        "activity_lines": [
          3.700534,
          3.733582,
          3.728005,
          3.617631
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3.482928,
        "volume": 1300,
        "typical_volume": 95775.0,
        "trend": 3.457218,
        "fair_value": 2.904818,
        "relative_strength": -1.602775,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.082103,
        "energy": 10.614806,
        "activity_lines": [
          3.615138,
          3.688526,
          3.710319,
          3.620472
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3.468023,
        "volume": 8900,
        "typical_volume": 92695.0,
        "trend": 3.473775,
        "fair_value": 2.911026,
        "relative_strength": -2.718482,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.13182,
        "energy": 22.378843,
        "activity_lines": [
          3.550997,
          3.642394,
          3.69021,
          3.621169
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3.597204,
        "volume": 48300,
        "typical_volume": 92665.0,
        "trend": 3.495596,
        "fair_value": 2.917913,
        "relative_strength": 0.779972,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.277579,
        "energy": 23.596253,
        "activity_lines": [
          3.544628,
          3.623808,
          3.681771,
          3.629133
        ]
      },
      {
        "date": "2026-07-17",
        "close": 3.790976,
        "volume": 27900,
        "typical_volume": 87890.0,
        "trend": 3.526433,
        "fair_value": 2.925601,
        "relative_strength": 6.162221,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.330973,
        "energy": 19.68425,
        "activity_lines": [
          3.616561,
          3.64463,
          3.690772,
          3.648189
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.954937,
        "volume": 43600,
        "typical_volume": 84910.0,
        "trend": 3.561936,
        "fair_value": 2.934119,
        "relative_strength": 10.171073,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.009893,
        "energy": 30.976376,
        "activity_lines": [
          3.743278,
          3.693228,
          3.7138,
          3.675835
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3.96,
        "volume": 39000,
        "typical_volume": 82750.0,
        "trend": 3.595042,
        "fair_value": 2.942422,
        "relative_strength": 10.501768,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 69.542189,
        "energy": 55.321228,
        "activity_lines": [
          3.843674,
          3.740689,
          3.735384,
          3.701516
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3.79,
        "volume": 30800,
        "typical_volume": 76960.0,
        "trend": 3.62248,
        "fair_value": 2.949141,
        "relative_strength": 2.285847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.782042,
        "energy": 54.889306,
        "activity_lines": [
          3.855598,
          3.755718,
          3.739343,
          3.714094
        ]
      }
    ],
    "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."
    }
  }
}