{
  "ticker": {
    "uuid": "99e8a715-a2fb-41b0-b1f5-4ae7cda74f83",
    "symbol": "1DIV",
    "name": "ThaiDEX SET High Dividend ETF",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 81.532,
    "architecture_energy": 92.665,
    "architecture_maturity": 81.305,
    "architecture_confidence": 78.399,
    "architecture_tenure": "Extended",
    "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": 8.17,
        "rotation_up": 86.97,
        "upward_expansion": 99.76,
        "deceleration": 39.08,
        "rotation_down": 8.29,
        "downward_expansion": 21.76
      },
      "activity_lines": [
        14.00684,
        13.630915,
        13.186292,
        12.883533
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 14.18,
    "trend_reference": 12.424328,
    "distance_from_trend": 0.141309,
    "trend_direction": "Improving",
    "fair_value": 9.831937,
    "distance_from_fair_value": 0.442239,
    "fair_value_direction": "Improving",
    "relative_strength": 7.559503,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.254867,
    "excess_performance": 0.062542,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.141309,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.087974,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.442239,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.127696,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.075595,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.049534,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.254867,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 39.886671,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1208500,
      "relative_activity": 3.436753,
      "balance": 39.886671,
      "dry_up": 2.122839,
      "accumulation_observations": 5,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.024516,
      "annualized_volatility": 0.152681,
      "from_high_reference": -0.015666,
      "from_low_reference": 0.456517
    },
    "levels": {
      "trend_reference": 12.424328,
      "fair_value_reference": 9.831937,
      "structural_low": 11.4,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 29,
        "median_return": 0.011475,
        "positive_rate": 0.586207,
        "directional_follow_through": 0.586207,
        "median_excess_return": 0.00299,
        "regime_survival": 0.827586,
        "best_return": 0.115736,
        "worst_return": -0.058459,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.029944,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.023824,
        "regime_survival": 0.6,
        "best_return": 0.226295,
        "worst_return": -0.042389,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.065925,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.050947,
        "regime_survival": 0.2,
        "best_return": 0.259687,
        "worst_return": -0.033374,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.064213,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.096437,
        "regime_survival": 0.0,
        "best_return": 0.07135,
        "worst_return": -0.028209,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-02-23",
        "end": "2024-03-29",
        "tenure": "Developing",
        "return": -0.020243,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-05",
        "end": "2024-05-17",
        "tenure": "Developing",
        "return": 0.039175,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-06-21",
        "tenure": "Developing",
        "return": -0.02,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-28",
        "end": "2024-08-16",
        "tenure": "Developing",
        "return": 0.019567,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-23",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": 0.058252,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-15",
        "end": "2025-02-07",
        "tenure": "Established",
        "return": 0.007065,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.030362,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-14",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.026396,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": -0.06213,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-27",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.064651,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.027831,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-22",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.02723,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.017179,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.371987,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 8.917769,
        "volume": 111700,
        "typical_volume": 227865.0,
        "trend": 8.837242,
        "fair_value": 8.189774,
        "relative_strength": 5.843816,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 54.521586,
        "energy": 48.281876,
        "activity_lines": [
          8.963515,
          8.919504,
          8.870926,
          8.844752
        ]
      },
      {
        "date": "2023-08-25",
        "close": 8.987033,
        "volume": 244900,
        "typical_volume": 235385.0,
        "trend": 8.83364,
        "fair_value": 8.20684,
        "relative_strength": 3.714681,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.15717,
        "energy": 39.020386,
        "activity_lines": [
          8.968925,
          8.939561,
          8.885306,
          8.854416
        ]
      },
      {
        "date": "2023-09-01",
        "close": 9.021665,
        "volume": 144700,
        "typical_volume": 238030.0,
        "trend": 8.83976,
        "fair_value": 8.224575,
        "relative_strength": 3.888374,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.861306,
        "energy": 35.740045,
        "activity_lines": [
          8.984479,
          8.963063,
          8.901752,
          8.866547
        ]
      },
      {
        "date": "2023-09-08",
        "close": 9.04764,
        "volume": 107800,
        "typical_volume": 239050.0,
        "trend": 8.841348,
        "fair_value": 8.243566,
        "relative_strength": 4.95844,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.103623,
        "energy": 36.479007,
        "activity_lines": [
          9.007813,
          8.985953,
          8.919759,
          8.879958
        ]
      },
      {
        "date": "2023-09-15",
        "close": 9.056297,
        "volume": 66300,
        "typical_volume": 241170.0,
        "trend": 8.844923,
        "fair_value": 8.262861,
        "relative_strength": 5.220831,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.276522,
        "energy": 45.488209,
        "activity_lines": [
          9.028592,
          9.004921,
          8.937192,
          8.893826
        ]
      },
      {
        "date": "2023-09-22",
        "close": 8.961061,
        "volume": 263000,
        "typical_volume": 251645.0,
        "trend": 8.846455,
        "fair_value": 8.283776,
        "relative_strength": 5.255144,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.12894,
        "energy": 34.152277,
        "activity_lines": [
          9.013585,
          9.000454,
          8.944155,
          8.901319
        ]
      },
      {
        "date": "2023-09-29",
        "close": 8.883136,
        "volume": 99500,
        "typical_volume": 231810.0,
        "trend": 8.849352,
        "fair_value": 8.304488,
        "relative_strength": 7.727187,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.077436,
        "energy": 19.876888,
        "activity_lines": [
          8.969717,
          8.98052,
          8.942588,
          8.903685
        ]
      },
      {
        "date": "2023-10-06",
        "close": 8.684002,
        "volume": 557600,
        "typical_volume": 251375.0,
        "trend": 8.846178,
        "fair_value": 8.322635,
        "relative_strength": 7.482428,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 2.879071,
        "energy": 11.745222,
        "activity_lines": [
          8.866398,
          8.925888,
          8.922208,
          8.893017
        ]
      },
      {
        "date": "2023-10-13",
        "close": 8.822531,
        "volume": 214800,
        "typical_volume": 238215.0,
        "trend": 8.853847,
        "fair_value": 8.342216,
        "relative_strength": 8.020056,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.50333,
        "energy": 21.473841,
        "activity_lines": [
          8.831766,
          8.902342,
          8.915232,
          8.891492
        ]
      },
      {
        "date": "2023-10-20",
        "close": 8.640712,
        "volume": 473100,
        "typical_volume": 257540.0,
        "trend": 8.851211,
        "fair_value": 8.360532,
        "relative_strength": 9.385597,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.675412,
        "energy": 41.824693,
        "activity_lines": [
          8.751535,
          8.848347,
          8.890815,
          8.877741
        ]
      },
      {
        "date": "2023-10-27",
        "close": 8.571447,
        "volume": 846500,
        "typical_volume": 272420.0,
        "trend": 8.846548,
        "fair_value": 8.378998,
        "relative_strength": 9.107244,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.61997,
        "energy": 57.850398,
        "activity_lines": [
          8.675921,
          8.788213,
          8.860379,
          8.859692
        ]
      },
      {
        "date": "2023-11-03",
        "close": 8.632054,
        "volume": 928900,
        "typical_volume": 295405.0,
        "trend": 8.84334,
        "fair_value": 8.395772,
        "relative_strength": 7.220041,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.799558,
        "energy": 58.087724,
        "activity_lines": [
          8.646484,
          8.745395,
          8.837515,
          8.845853
        ]
      },
      {
        "date": "2023-11-10",
        "close": 8.545474,
        "volume": 395200,
        "typical_volume": 285555.0,
        "trend": 8.83385,
        "fair_value": 8.40862,
        "relative_strength": 8.191634,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.014425,
        "energy": 74.567357,
        "activity_lines": [
          8.604925,
          8.69329,
          8.807347,
          8.826636
        ]
      },
      {
        "date": "2023-11-17",
        "close": 8.588764,
        "volume": 143000,
        "typical_volume": 277740.0,
        "trend": 8.82835,
        "fair_value": 8.419862,
        "relative_strength": 6.509702,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.311776,
        "energy": 67.09282,
        "activity_lines": [
          8.587032,
          8.657713,
          8.782174,
          8.810824
        ]
      },
      {
        "date": "2023-11-24",
        "close": 8.606079,
        "volume": 88600,
        "typical_volume": 275305.0,
        "trend": 8.823144,
        "fair_value": 8.42953,
        "relative_strength": 7.876253,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.28581,
        "energy": 53.493371,
        "activity_lines": [
          8.590495,
          8.633628,
          8.759394,
          8.796484
        ]
      },
      {
        "date": "2023-12-01",
        "close": 8.528158,
        "volume": 534600,
        "typical_volume": 285775.0,
        "trend": 8.816472,
        "fair_value": 8.437807,
        "relative_strength": 7.947433,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.783152,
        "energy": 52.717632,
        "activity_lines": [
          8.570293,
          8.603561,
          8.729735,
          8.777453
        ]
      },
      {
        "date": "2023-12-08",
        "close": 8.502184,
        "volume": 158400,
        "typical_volume": 288280.0,
        "trend": 8.802709,
        "fair_value": 8.444826,
        "relative_strength": 7.301792,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.554229,
        "energy": 47.421832,
        "activity_lines": [
          8.544319,
          8.576643,
          8.699324,
          8.757176
        ]
      },
      {
        "date": "2023-12-15",
        "close": 8.536815,
        "volume": 658400,
        "typical_volume": 315900.0,
        "trend": 8.796326,
        "fair_value": 8.452365,
        "relative_strength": 6.709538,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.934004,
        "energy": 40.873557,
        "activity_lines": [
          8.538547,
          8.562947,
          8.67442,
          8.740022
        ]
      },
      {
        "date": "2023-12-22",
        "close": 8.614738,
        "volume": 134200,
        "typical_volume": 316920.0,
        "trend": 8.790277,
        "fair_value": 8.461048,
        "relative_strength": 6.370543,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.837186,
        "energy": 37.150758,
        "activity_lines": [
          8.559326,
          8.566095,
          8.659182,
          8.728306
        ]
      },
      {
        "date": "2023-12-29",
        "close": 8.744609,
        "volume": 97800,
        "typical_volume": 313450.0,
        "trend": 8.789688,
        "fair_value": 8.471158,
        "relative_strength": 6.880604,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.825805,
        "energy": 21.605131,
        "activity_lines": [
          8.621665,
          8.596635,
          8.657987,
          8.72536
        ]
      },
      {
        "date": "2024-01-05",
        "close": 8.831188,
        "volume": 62000,
        "typical_volume": 310965.0,
        "trend": 8.78576,
        "fair_value": 8.479791,
        "relative_strength": 6.753144,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.523564,
        "energy": 16.081566,
        "activity_lines": [
          8.703627,
          8.641027,
          8.666233,
          8.728037
        ]
      },
      {
        "date": "2024-01-12",
        "close": 8.718634,
        "volume": 107000,
        "typical_volume": 304070.0,
        "trend": 8.782041,
        "fair_value": 8.487058,
        "relative_strength": 6.200604,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.972061,
        "energy": 21.510835,
        "activity_lines": [
          8.727869,
          8.660232,
          8.664171,
          8.723707
        ]
      },
      {
        "date": "2024-01-19",
        "close": 8.588764,
        "volume": 212100,
        "typical_volume": 307440.0,
        "trend": 8.77739,
        "fair_value": 8.493939,
        "relative_strength": 6.683557,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.155553,
        "energy": 19.426499,
        "activity_lines": [
          8.694392,
          8.65425,
          8.651019,
          8.711237
        ]
      },
      {
        "date": "2024-01-26",
        "close": 8.441578,
        "volume": 692300,
        "typical_volume": 336665.0,
        "trend": 8.767267,
        "fair_value": 8.501363,
        "relative_strength": 5.690427,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.354871,
        "energy": 28.89552,
        "activity_lines": [
          8.608389,
          8.62072,
          8.625911,
          8.689572
        ]
      },
      {
        "date": "2024-02-02",
        "close": 8.62555,
        "volume": 110100,
        "typical_volume": 338855.0,
        "trend": 8.764125,
        "fair_value": 8.508479,
        "relative_strength": 6.401311,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.082739,
        "energy": 28.368642,
        "activity_lines": [
          8.595254,
          8.623315,
          8.62121,
          8.680429
        ]
      },
      {
        "date": "2024-02-09",
        "close": 8.607965,
        "volume": 120900,
        "typical_volume": 331750.0,
        "trend": 8.754736,
        "fair_value": 8.514194,
        "relative_strength": 5.581292,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.57975,
        "energy": 36.850349,
        "activity_lines": [
          8.584195,
          8.62236,
          8.616885,
          8.670354
        ]
      },
      {
        "date": "2024-02-16",
        "close": 8.590379,
        "volume": 128700,
        "typical_volume": 333210.0,
        "trend": 8.742215,
        "fair_value": 8.520441,
        "relative_strength": 5.25683,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.870569,
        "energy": 34.617976,
        "activity_lines": [
          8.582155,
          8.616755,
          8.612567,
          8.65975
        ]
      },
      {
        "date": "2024-02-23",
        "close": 8.687098,
        "volume": 174000,
        "typical_volume": 314030.0,
        "trend": 8.731502,
        "fair_value": 8.527109,
        "relative_strength": 5.277778,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.782693,
        "energy": 11.998969,
        "activity_lines": [
          8.620905,
          8.627133,
          8.618854,
          8.656195
        ]
      },
      {
        "date": "2024-03-01",
        "close": 8.520038,
        "volume": 737100,
        "typical_volume": 340145.0,
        "trend": 8.716635,
        "fair_value": 8.530824,
        "relative_strength": 5.313204,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.981501,
        "energy": 23.504748,
        "activity_lines": [
          8.597413,
          8.604403,
          8.609216,
          8.642552
        ]
      },
      {
        "date": "2024-03-08",
        "close": 8.590379,
        "volume": 132300,
        "typical_volume": 323105.0,
        "trend": 8.703125,
        "fair_value": 8.533997,
        "relative_strength": 4.48709,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.685333,
        "energy": 19.508863,
        "activity_lines": [
          8.592138,
          8.596185,
          8.607718,
          8.634406
        ]
      },
      {
        "date": "2024-03-15",
        "close": 8.581586,
        "volume": 34800,
        "typical_volume": 282520.0,
        "trend": 8.691919,
        "fair_value": 8.53766,
        "relative_strength": 4.173494,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.372227,
        "energy": 21.150324,
        "activity_lines": [
          8.586276,
          8.589172,
          8.605622,
          8.626565
        ]
      },
      {
        "date": "2024-03-22",
        "close": 8.581586,
        "volume": 35900,
        "typical_volume": 237870.0,
        "trend": 8.678404,
        "fair_value": 8.541223,
        "relative_strength": 4.302235,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.664078,
        "energy": 26.771949,
        "activity_lines": [
          8.582172,
          8.586697,
          8.603478,
          8.619447
        ]
      },
      {
        "date": "2024-03-29",
        "close": 8.511246,
        "volume": 351600,
        "typical_volume": 235690.0,
        "trend": 8.66139,
        "fair_value": 8.543791,
        "relative_strength": 3.425234,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.396658,
        "energy": 34.22385,
        "activity_lines": [
          8.555209,
          8.573925,
          8.594875,
          8.608662
        ]
      },
      {
        "date": "2024-04-05",
        "close": 8.528831,
        "volume": 32800,
        "typical_volume": 230180.0,
        "trend": 8.644096,
        "fair_value": 8.547561,
        "relative_strength": 3.594673,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.970094,
        "energy": 35.465432,
        "activity_lines": [
          8.54583,
          8.56576,
          8.588109,
          8.60011
        ]
      },
      {
        "date": "2024-04-12",
        "close": 8.643134,
        "volume": 40000,
        "typical_volume": 227750.0,
        "trend": 8.630324,
        "fair_value": 8.552659,
        "relative_strength": 3.205223,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.450508,
        "energy": 18.379178,
        "activity_lines": [
          8.573966,
          8.57679,
          8.592515,
          8.600048
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8.537624,
        "volume": 52500,
        "typical_volume": 203645.0,
        "trend": 8.616209,
        "fair_value": 8.556536,
        "relative_strength": 6.595616,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.960149,
        "energy": 24.039672,
        "activity_lines": [
          8.563415,
          8.568318,
          8.586696,
          8.594067
        ]
      },
      {
        "date": "2024-04-26",
        "close": 8.493659,
        "volume": 70400,
        "typical_volume": 199245.0,
        "trend": 8.603227,
        "fair_value": 8.558743,
        "relative_strength": 3.703271,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.883906,
        "energy": 26.596715,
        "activity_lines": [
          8.54114,
          8.55313,
          8.576645,
          8.586161
        ]
      },
      {
        "date": "2024-05-03",
        "close": 8.572794,
        "volume": 70500,
        "typical_volume": 169850.0,
        "trend": 8.59952,
        "fair_value": 8.561754,
        "relative_strength": 3.719684,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.634307,
        "energy": 19.977932,
        "activity_lines": [
          8.551105,
          8.554089,
          8.574171,
          8.584198
        ]
      },
      {
        "date": "2024-05-10",
        "close": 8.616756,
        "volume": 45600,
        "typical_volume": 165420.0,
        "trend": 8.592661,
        "fair_value": 8.566187,
        "relative_strength": 3.911979,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -25.435617,
        "energy": 13.003143,
        "activity_lines": [
          8.571621,
          8.56512,
          8.575713,
          8.58531
        ]
      },
      {
        "date": "2024-05-17",
        "close": 8.86295,
        "volume": 305400,
        "typical_volume": 175800.0,
        "trend": 8.600069,
        "fair_value": 8.572794,
        "relative_strength": 5.829323,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "up",
        "direction": 62.6175,
        "energy": 46.241675,
        "activity_lines": [
          8.66834,
          8.619155,
          8.600692,
          8.602748
        ]
      },
      {
        "date": "2024-05-24",
        "close": 8.792608,
        "volume": 50100,
        "typical_volume": 175205.0,
        "trend": 8.607441,
        "fair_value": 8.578552,
        "relative_strength": 6.154565,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.316069,
        "energy": 64.718377,
        "activity_lines": [
          8.726957,
          8.655444,
          8.618408,
          8.615169
        ]
      },
      {
        "date": "2024-05-31",
        "close": 8.827779,
        "volume": 83000,
        "typical_volume": 174005.0,
        "trend": 8.613965,
        "fair_value": 8.584041,
        "relative_strength": 7.783728,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.667994,
        "energy": 76.35165,
        "activity_lines": [
          8.780299,
          8.694291,
          8.639658,
          8.629385
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8.678305,
        "volume": 74500,
        "typical_volume": 167125.0,
        "trend": 8.618393,
        "fair_value": 8.588224,
        "relative_strength": 6.730623,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.742321,
        "energy": 70.694736,
        "activity_lines": [
          8.761541,
          8.701485,
          8.646152,
          8.633536
        ]
      },
      {
        "date": "2024-06-14",
        "close": 8.607965,
        "volume": 119000,
        "typical_volume": 138460.0,
        "trend": 8.619033,
        "fair_value": 8.592849,
        "relative_strength": 7.672635,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.360639,
        "energy": 38.445995,
        "activity_lines": [
          8.712303,
          8.692853,
          8.645521,
          8.632863
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8.616756,
        "volume": 11200,
        "typical_volume": 133515.0,
        "trend": 8.619389,
        "fair_value": 8.598125,
        "relative_strength": 7.525222,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 30.620779,
        "energy": 14.982737,
        "activity_lines": [
          8.666581,
          8.68438,
          8.644935,
          8.632716
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8.537624,
        "volume": 358700,
        "typical_volume": 145405.0,
        "trend": 8.619704,
        "fair_value": 8.603141,
        "relative_strength": 6.734991,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.099959,
        "energy": 17.149862,
        "activity_lines": [
          8.610895,
          8.661999,
          8.636854,
          8.627441
        ]
      },
      {
        "date": "2024-07-05",
        "close": 8.669512,
        "volume": 593500,
        "typical_volume": 168645.0,
        "trend": 8.625282,
        "fair_value": 8.610143,
        "relative_strength": 7.218531,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.515075,
        "energy": 14.195606,
        "activity_lines": [
          8.616171,
          8.663597,
          8.641669,
          8.630655
        ]
      },
      {
        "date": "2024-07-12",
        "close": 8.678305,
        "volume": 4500,
        "typical_volume": 160170.0,
        "trend": 8.629998,
        "fair_value": 8.616706,
        "relative_strength": 5.494973,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.77752,
        "energy": 17.405494,
        "activity_lines": [
          8.634928,
          8.663597,
          8.646945,
          8.634075
        ]
      },
      {
        "date": "2024-07-19",
        "close": 8.687098,
        "volume": 8800,
        "typical_volume": 123755.0,
        "trend": 8.63241,
        "fair_value": 8.62387,
        "relative_strength": 6.553463,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.169729,
        "energy": 14.499689,
        "activity_lines": [
          8.656617,
          8.663278,
          8.653099,
          8.637759
        ]
      },
      {
        "date": "2024-07-26",
        "close": 8.555207,
        "volume": 80300,
        "typical_volume": 121155.0,
        "trend": 8.626097,
        "fair_value": 8.630684,
        "relative_strength": 5.501001,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.568596,
        "energy": 3.214807,
        "activity_lines": [
          8.629066,
          8.637699,
          8.645898,
          8.632778
        ]
      },
      {
        "date": "2024-08-02",
        "close": 8.69589,
        "volume": 16200,
        "typical_volume": 120225.0,
        "trend": 8.621587,
        "fair_value": 8.638673,
        "relative_strength": 6.504198,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.676993,
        "energy": 16.42016,
        "activity_lines": [
          8.652513,
          8.643294,
          8.652262,
          8.637281
        ]
      },
      {
        "date": "2024-08-09",
        "close": 8.590379,
        "volume": 591600,
        "typical_volume": 148010.0,
        "trend": 8.617311,
        "fair_value": 8.645273,
        "relative_strength": 6.259798,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.974796,
        "energy": 7.049873,
        "activity_lines": [
          8.630238,
          8.631464,
          8.648033,
          8.635268
        ]
      },
      {
        "date": "2024-08-16",
        "close": 8.704682,
        "volume": 417400,
        "typical_volume": 151300.0,
        "trend": 8.621175,
        "fair_value": 8.651944,
        "relative_strength": 6.9164,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.758232,
        "energy": 15.14648,
        "activity_lines": [
          8.651341,
          8.644733,
          8.654648,
          8.640905
        ]
      },
      {
        "date": "2024-08-23",
        "close": 9.056387,
        "volume": 137300,
        "typical_volume": 156525.0,
        "trend": 8.641669,
        "fair_value": 8.658986,
        "relative_strength": 6.674271,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.055361,
        "energy": 65.435215,
        "activity_lines": [
          8.787919,
          8.721468,
          8.693838,
          8.668983
        ]
      },
      {
        "date": "2024-08-30",
        "close": 9.126728,
        "volume": 42500,
        "typical_volume": 156650.0,
        "trend": 8.658375,
        "fair_value": 8.666021,
        "relative_strength": 6.862997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.048039,
        "energy": 81.256735,
        "activity_lines": [
          8.923325,
          8.80284,
          8.737215,
          8.700277
        ]
      },
      {
        "date": "2024-09-06",
        "close": 9.671869,
        "volume": 345100,
        "typical_volume": 171280.0,
        "trend": 8.693838,
        "fair_value": 8.67711,
        "relative_strength": 7.501782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.268997,
        "energy": 97.372066,
        "activity_lines": [
          9.202344,
          8.974056,
          8.830208,
          8.765664
        ]
      },
      {
        "date": "2024-09-13",
        "close": 9.698247,
        "volume": 236000,
        "typical_volume": 179560.0,
        "trend": 8.730767,
        "fair_value": 8.687706,
        "relative_strength": 7.733299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.879491,
        "energy": 96.957787,
        "activity_lines": [
          9.42509,
          9.129445,
          8.920311,
          8.830464
        ]
      },
      {
        "date": "2024-09-20",
        "close": 9.698247,
        "volume": 0,
        "typical_volume": 176035.0,
        "trend": 8.764472,
        "fair_value": 8.697284,
        "relative_strength": 5.45213,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.042377,
        "energy": 94.667992,
        "activity_lines": [
          9.573978,
          9.26613,
          9.004678,
          8.892882
        ]
      },
      {
        "date": "2024-09-27",
        "close": 9.759796,
        "volume": 197800,
        "typical_volume": 183645.0,
        "trend": 8.805798,
        "fair_value": 8.707715,
        "relative_strength": 6.011017,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.360199,
        "energy": 93.044845,
        "activity_lines": [
          9.677145,
          9.395462,
          9.089548,
          8.957097
        ]
      },
      {
        "date": "2024-10-04",
        "close": 9.698247,
        "volume": 66500,
        "typical_volume": 171700.0,
        "trend": 8.842727,
        "fair_value": 8.717446,
        "relative_strength": 5.556021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.497946,
        "energy": 88.561149,
        "activity_lines": [
          9.712902,
          9.494099,
          9.163112,
          9.014674
        ]
      },
      {
        "date": "2024-10-11",
        "close": 9.812551,
        "volume": 349200,
        "typical_volume": 186655.0,
        "trend": 8.883759,
        "fair_value": 8.728113,
        "relative_strength": 4.734284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.936859,
        "energy": 80.392042,
        "activity_lines": [
          9.748658,
          9.592736,
          9.243586,
          9.077243
        ]
      },
      {
        "date": "2024-10-18",
        "close": 9.926855,
        "volume": 94400,
        "typical_volume": 187225.0,
        "trend": 8.928601,
        "fair_value": 8.739411,
        "relative_strength": 4.398014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.453549,
        "energy": 71.854974,
        "activity_lines": [
          9.813137,
          9.691853,
          9.330088,
          9.14454
        ]
      },
      {
        "date": "2024-10-25",
        "close": 9.610322,
        "volume": 43400,
        "typical_volume": 185670.0,
        "trend": 8.965237,
        "fair_value": 8.74868,
        "relative_strength": 2.770808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.343087,
        "energy": 64.044869,
        "activity_lines": [
          9.756865,
          9.709118,
          9.381211,
          9.188522
        ]
      },
      {
        "date": "2024-11-01",
        "close": 9.487225,
        "volume": 148800,
        "typical_volume": 187160.0,
        "trend": 8.997183,
        "fair_value": 8.757211,
        "relative_strength": 1.280648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.712046,
        "energy": 53.866661,
        "activity_lines": [
          9.665422,
          9.687536,
          9.416172,
          9.222198
        ]
      },
      {
        "date": "2024-11-08",
        "close": 9.583942,
        "volume": 99700,
        "typical_volume": 191585.0,
        "trend": 9.028544,
        "fair_value": 8.766006,
        "relative_strength": 2.155969,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.387147,
        "energy": 45.497314,
        "activity_lines": [
          9.624389,
          9.675706,
          9.456157,
          9.260054
        ]
      },
      {
        "date": "2024-11-15",
        "close": 9.346542,
        "volume": 102600,
        "typical_volume": 178780.0,
        "trend": 9.055508,
        "fair_value": 8.773024,
        "relative_strength": 1.02385,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.800113,
        "energy": 29.13029,
        "activity_lines": [
          9.511843,
          9.612399,
          9.468927,
          9.28057
        ]
      },
      {
        "date": "2024-11-22",
        "close": 9.575151,
        "volume": 107000,
        "typical_volume": 154455.0,
        "trend": 9.091557,
        "fair_value": 8.78222,
        "relative_strength": 3.089392,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.853966,
        "energy": 27.204335,
        "activity_lines": [
          9.506568,
          9.596573,
          9.499618,
          9.314095
        ]
      },
      {
        "date": "2024-11-29",
        "close": 9.381714,
        "volume": 78600,
        "typical_volume": 158160.0,
        "trend": 9.118521,
        "fair_value": 8.790533,
        "relative_strength": 2.213718,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.758644,
        "energy": 23.022047,
        "activity_lines": [
          9.460261,
          9.547814,
          9.507573,
          9.332815
        ]
      },
      {
        "date": "2024-12-06",
        "close": 9.610322,
        "volume": 149800,
        "typical_volume": 165210.0,
        "trend": 9.15164,
        "fair_value": 8.799547,
        "relative_strength": 2.801282,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.121985,
        "energy": 23.637604,
        "activity_lines": [
          9.505396,
          9.546375,
          9.533951,
          9.364544
        ]
      },
      {
        "date": "2024-12-13",
        "close": 9.531188,
        "volume": 48200,
        "typical_volume": 163605.0,
        "trend": 9.173915,
        "fair_value": 8.807545,
        "relative_strength": 3.239258,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.704543,
        "energy": 19.375587,
        "activity_lines": [
          9.515948,
          9.533266,
          9.548396,
          9.389031
        ]
      },
      {
        "date": "2024-12-20",
        "close": 9.100351,
        "volume": 65500,
        "typical_volume": 166070.0,
        "trend": 9.184173,
        "fair_value": 8.81268,
        "relative_strength": 3.216952,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.949252,
        "energy": 13.337956,
        "activity_lines": [
          9.386403,
          9.444861,
          9.517162,
          9.384285
        ]
      },
      {
        "date": "2024-12-27",
        "close": 9.364128,
        "volume": 230900,
        "typical_volume": 148035.0,
        "trend": 9.202051,
        "fair_value": 8.818538,
        "relative_strength": 3.295479,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.341036,
        "energy": 13.914956,
        "activity_lines": [
          9.361198,
          9.417364,
          9.509123,
          9.395895
        ]
      },
      {
        "date": "2025-01-03",
        "close": 9.381714,
        "volume": 65100,
        "typical_volume": 130420.0,
        "trend": 9.225498,
        "fair_value": 8.824102,
        "relative_strength": 4.553986,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.74667,
        "energy": 16.682286,
        "activity_lines": [
          9.355922,
          9.403296,
          9.499074,
          9.407486
        ]
      },
      {
        "date": "2025-01-10",
        "close": 9.258616,
        "volume": 317900,
        "typical_volume": 139450.0,
        "trend": 9.247186,
        "fair_value": 8.828774,
        "relative_strength": 4.261352,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.555194,
        "energy": 16.551533,
        "activity_lines": [
          9.309614,
          9.371003,
          9.474078,
          9.409623
        ]
      },
      {
        "date": "2025-01-17",
        "close": 9.328958,
        "volume": 82600,
        "typical_volume": 141455.0,
        "trend": 9.270927,
        "fair_value": 8.833745,
        "relative_strength": 6.96099,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.465734,
        "energy": 12.323672,
        "activity_lines": [
          9.3102,
          9.355655,
          9.454818,
          9.414898
        ]
      },
      {
        "date": "2025-01-24",
        "close": 9.311374,
        "volume": 94100,
        "typical_volume": 128905.0,
        "trend": 9.296718,
        "fair_value": 8.839469,
        "relative_strength": 5.479445,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.585447,
        "energy": 10.673387,
        "activity_lines": [
          9.318407,
          9.341747,
          9.43292,
          9.417508
        ]
      },
      {
        "date": "2025-01-31",
        "close": 9.327273,
        "volume": 74500,
        "typical_volume": 120830.0,
        "trend": 9.318644,
        "fair_value": 8.843629,
        "relative_strength": 8.563589,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.274469,
        "energy": 15.880645,
        "activity_lines": [
          9.317845,
          9.331369,
          9.414253,
          9.419479
        ]
      },
      {
        "date": "2025-02-07",
        "close": 9.412574,
        "volume": 333000,
        "typical_volume": 137480.0,
        "trend": 9.343119,
        "fair_value": 8.84719,
        "relative_strength": 11.949913,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -7.591133,
        "energy": 6.449245,
        "activity_lines": [
          9.348174,
          9.341008,
          9.405477,
          9.425539
        ]
      },
      {
        "date": "2025-02-14",
        "close": 9.421803,
        "volume": 91900,
        "typical_volume": 132185.0,
        "trend": 9.367609,
        "fair_value": 8.850393,
        "relative_strength": 12.540463,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.673807,
        "energy": 5.402778,
        "activity_lines": [
          9.379522,
          9.351763,
          9.39894,
          9.430616
        ]
      },
      {
        "date": "2025-02-21",
        "close": 9.624819,
        "volume": 413000,
        "typical_volume": 149510.0,
        "trend": 9.403263,
        "fair_value": 8.855783,
        "relative_strength": 16.838319,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 16.70091,
        "energy": 14.19019,
        "activity_lines": [
          9.467663,
          9.402858,
          9.413347,
          9.44721
        ]
      },
      {
        "date": "2025-02-28",
        "close": 9.172646,
        "volume": 805800,
        "typical_volume": 172340.0,
        "trend": 9.419155,
        "fair_value": 8.857649,
        "relative_strength": 14.81564,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.296745,
        "energy": 10.334585,
        "activity_lines": [
          9.385356,
          9.370037,
          9.38504,
          9.432331
        ]
      },
      {
        "date": "2025-03-07",
        "close": 9.135734,
        "volume": 249400,
        "typical_volume": 180090.0,
        "trend": 9.437333,
        "fair_value": 8.860165,
        "relative_strength": 14.050349,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.49498,
        "energy": 31.211063,
        "activity_lines": [
          9.299993,
          9.32919,
          9.356265,
          9.414046
        ]
      },
      {
        "date": "2025-03-14",
        "close": 9.089595,
        "volume": 363500,
        "typical_volume": 196095.0,
        "trend": 9.450164,
        "fair_value": 8.86176,
        "relative_strength": 15.689053,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.398519,
        "energy": 47.231368,
        "activity_lines": [
          9.212019,
          9.284107,
          9.326862,
          9.391611
        ]
      },
      {
        "date": "2025-03-21",
        "close": 9.412574,
        "volume": 186800,
        "typical_volume": 197995.0,
        "trend": 9.462037,
        "fair_value": 8.865685,
        "relative_strength": 17.920307,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.812375,
        "energy": 41.153035,
        "activity_lines": [
          9.253238,
          9.303059,
          9.330699,
          9.389186
        ]
      },
      {
        "date": "2025-03-28",
        "close": 9.514083,
        "volume": 76700,
        "typical_volume": 196845.0,
        "trend": 9.474949,
        "fair_value": 8.870209,
        "relative_strength": 19.66776,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.168223,
        "energy": 18.015997,
        "activity_lines": [
          9.328907,
          9.337668,
          9.34456,
          9.392544
        ]
      },
      {
        "date": "2025-04-04",
        "close": 9.043454,
        "volume": 118400,
        "typical_volume": 197635.0,
        "trend": 9.454002,
        "fair_value": 8.872395,
        "relative_strength": 18.209606,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.82024,
        "energy": 28.467018,
        "activity_lines": [
          9.255083,
          9.283342,
          9.313931,
          9.364706
        ]
      },
      {
        "date": "2025-04-11",
        "close": 8.997314,
        "volume": 226800,
        "typical_volume": 203625.0,
        "trend": 9.430637,
        "fair_value": 8.874909,
        "relative_strength": 16.659001,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.273736,
        "energy": 29.850013,
        "activity_lines": [
          9.174492,
          9.225498,
          9.280351,
          9.335242
        ]
      },
      {
        "date": "2025-04-18",
        "close": 9.172646,
        "volume": 87300,
        "typical_volume": 204060.0,
        "trend": 9.413117,
        "fair_value": 8.878288,
        "relative_strength": 16.119125,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.637007,
        "energy": 28.153485,
        "activity_lines": [
          9.161573,
          9.205532,
          9.266221,
          9.318597
        ]
      },
      {
        "date": "2025-04-25",
        "close": 9.06191,
        "volume": 190400,
        "typical_volume": 206090.0,
        "trend": 9.389854,
        "fair_value": 8.880591,
        "relative_strength": 13.420559,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.107675,
        "energy": 48.475183,
        "activity_lines": [
          9.106204,
          9.169794,
          9.24254,
          9.295939
        ]
      },
      {
        "date": "2025-05-02",
        "close": 9.246471,
        "volume": 82300,
        "typical_volume": 207795.0,
        "trend": 9.374795,
        "fair_value": 8.88486,
        "relative_strength": 11.419566,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.093785,
        "energy": 32.967882,
        "activity_lines": [
          9.135734,
          9.174156,
          9.239048,
          9.286688
        ]
      },
      {
        "date": "2025-05-09",
        "close": 9.421803,
        "volume": 119500,
        "typical_volume": 210495.0,
        "trend": 9.36177,
        "fair_value": 8.89093,
        "relative_strength": 11.944557,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.45218,
        "energy": 10.201493,
        "activity_lines": [
          9.241549,
          9.217276,
          9.25361,
          9.289721
        ]
      },
      {
        "date": "2025-05-16",
        "close": 9.329522,
        "volume": 178300,
        "typical_volume": 207865.0,
        "trend": 9.341859,
        "fair_value": 8.895418,
        "relative_strength": 11.823656,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.150221,
        "energy": 12.455887,
        "activity_lines": [
          9.29138,
          9.239088,
          9.257852,
          9.287641
        ]
      },
      {
        "date": "2025-05-23",
        "close": 9.357206,
        "volume": 58000,
        "typical_volume": 207510.0,
        "trend": 9.333422,
        "fair_value": 8.899249,
        "relative_strength": 13.533392,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.263575,
        "energy": 15.693251,
        "activity_lines": [
          9.328292,
          9.26241,
          9.264896,
          9.288631
        ]
      },
      {
        "date": "2025-05-30",
        "close": 9.154191,
        "volume": 200400,
        "typical_volume": 201635.0,
        "trend": 9.322321,
        "fair_value": 8.901258,
        "relative_strength": 13.260154,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.374593,
        "energy": 17.752878,
        "activity_lines": [
          9.285228,
          9.243954,
          9.252722,
          9.277067
        ]
      },
      {
        "date": "2025-06-06",
        "close": 9.098822,
        "volume": 84500,
        "typical_volume": 201730.0,
        "trend": 9.30615,
        "fair_value": 8.903381,
        "relative_strength": 13.374714,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.391967,
        "energy": 19.797044,
        "activity_lines": [
          9.217556,
          9.220129,
          9.235772,
          9.262648
        ]
      },
      {
        "date": "2025-06-13",
        "close": 9.126507,
        "volume": 56300,
        "typical_volume": 199840.0,
        "trend": 9.298815,
        "fair_value": 8.907454,
        "relative_strength": 14.629453,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.791944,
        "energy": 30.529506,
        "activity_lines": [
          9.168955,
          9.208887,
          9.222555,
          9.251058
        ]
      },
      {
        "date": "2025-06-20",
        "close": 8.775842,
        "volume": 402300,
        "typical_volume": 216230.0,
        "trend": 9.272172,
        "fair_value": 8.909748,
        "relative_strength": 15.402378,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -71.352495,
        "energy": 61.357818,
        "activity_lines": [
          9.023153,
          9.132379,
          9.176821,
          9.217318
        ]
      },
      {
        "date": "2025-06-27",
        "close": 8.849666,
        "volume": 159800,
        "typical_volume": 207570.0,
        "trend": 9.254437,
        "fair_value": 8.911994,
        "relative_strength": 14.285277,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.992236,
        "energy": 64.777486,
        "activity_lines": [
          8.93887,
          9.07332,
          9.140744,
          9.19006
        ]
      },
      {
        "date": "2025-07-04",
        "close": 9.080366,
        "volume": 168000,
        "typical_volume": 211375.0,
        "trend": 9.236772,
        "fair_value": 8.915876,
        "relative_strength": 12.880831,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.023519,
        "energy": 59.696036,
        "activity_lines": [
          8.965324,
          9.062078,
          9.129319,
          9.178829
        ]
      },
      {
        "date": "2025-07-11",
        "close": 9.06191,
        "volume": 201000,
        "typical_volume": 200775.0,
        "trend": 9.221129,
        "fair_value": 8.920525,
        "relative_strength": 12.061438,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.056628,
        "energy": 57.328717,
        "activity_lines": [
          8.990547,
          9.047145,
          9.117762,
          9.167548
        ]
      },
      {
        "date": "2025-07-18",
        "close": 9.338751,
        "volume": 124500,
        "typical_volume": 166710.0,
        "trend": 9.229076,
        "fair_value": 8.92648,
        "relative_strength": 6.979851,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.204345,
        "energy": 11.497017,
        "activity_lines": [
          9.110511,
          9.085903,
          9.135251,
          9.175136
        ]
      },
      {
        "date": "2025-07-25",
        "close": 9.421803,
        "volume": 133800,
        "typical_volume": 160930.0,
        "trend": 9.230998,
        "fair_value": 8.932498,
        "relative_strength": 6.654817,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 15.026788,
        "energy": 21.187107,
        "activity_lines": [
          9.24401,
          9.141271,
          9.159859,
          9.18757
        ]
      },
      {
        "date": "2025-08-01",
        "close": 9.615591,
        "volume": 164700,
        "typical_volume": 150990.0,
        "trend": 9.238794,
        "fair_value": 8.939393,
        "relative_strength": 8.378403,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.199909,
        "energy": 41.713939,
        "activity_lines": [
          9.39904,
          9.230196,
          9.201561,
          9.212383
        ]
      },
      {
        "date": "2025-08-08",
        "close": 9.873975,
        "volume": 477600,
        "typical_volume": 165530.0,
        "trend": 9.259306,
        "fair_value": 8.947997,
        "relative_strength": 7.34397,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 58.755289,
        "energy": 72.510636,
        "activity_lines": [
          9.589137,
          9.361401,
          9.265366,
          9.253362
        ]
      },
      {
        "date": "2025-08-15",
        "close": 9.883204,
        "volume": 72800,
        "typical_volume": 165335.0,
        "trend": 9.277781,
        "fair_value": 8.955175,
        "relative_strength": 7.085501,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.197829,
        "energy": 87.876878,
        "activity_lines": [
          9.729403,
          9.481198,
          9.327853,
          9.293614
        ]
      },
      {
        "date": "2025-08-22",
        "close": 9.827835,
        "volume": 146200,
        "typical_volume": 166725.0,
        "trend": 9.294996,
        "fair_value": 8.961626,
        "relative_strength": 6.674075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.779085,
        "energy": 86.079632,
        "activity_lines": [
          9.79646,
          9.576666,
          9.383309,
          9.329101
        ]
      },
      {
        "date": "2025-08-29",
        "close": 9.846292,
        "volume": 98400,
        "typical_volume": 160305.0,
        "trend": 9.312297,
        "fair_value": 8.968674,
        "relative_strength": 7.972399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.677135,
        "energy": 85.90956,
        "activity_lines": [
          9.837064,
          9.662738,
          9.436787,
          9.364668
        ]
      },
      {
        "date": "2025-09-05",
        "close": 9.966255,
        "volume": 170200,
        "typical_volume": 164450.0,
        "trend": 9.330753,
        "fair_value": 8.976224,
        "relative_strength": 6.545048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.993773,
        "energy": 85.026788,
        "activity_lines": [
          9.889355,
          9.751159,
          9.497648,
          9.406859
        ]
      },
      {
        "date": "2025-09-12",
        "close": 10.13236,
        "volume": 642400,
        "typical_volume": 187050.0,
        "trend": 9.354438,
        "fair_value": 8.985212,
        "relative_strength": 5.626368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.771562,
        "energy": 81.974208,
        "activity_lines": [
          9.973638,
          9.849479,
          9.57055,
          9.458576
        ]
      },
      {
        "date": "2025-09-19",
        "close": 10.123132,
        "volume": 287300,
        "typical_volume": 197300.0,
        "trend": 9.371049,
        "fair_value": 8.993981,
        "relative_strength": 5.289569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.912884,
        "energy": 85.311851,
        "activity_lines": [
          10.037619,
          9.926995,
          9.637475,
          9.508169
        ]
      },
      {
        "date": "2025-09-26",
        "close": 10.150815,
        "volume": 109600,
        "typical_volume": 196805.0,
        "trend": 9.403654,
        "fair_value": 9.00415,
        "relative_strength": 6.399415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.207454,
        "energy": 84.966233,
        "activity_lines": [
          10.094832,
          9.990248,
          9.702862,
          9.558477
        ]
      },
      {
        "date": "2025-10-03",
        "close": 10.076992,
        "volume": 172000,
        "typical_volume": 196490.0,
        "trend": 9.43503,
        "fair_value": 9.014324,
        "relative_strength": 4.123001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.357563,
        "energy": 82.757557,
        "activity_lines": [
          10.105906,
          10.025315,
          9.757746,
          9.601918
        ]
      },
      {
        "date": "2025-10-10",
        "close": 10.13236,
        "volume": 99200,
        "typical_volume": 198550.0,
        "trend": 9.469788,
        "fair_value": 9.025225,
        "relative_strength": 4.911323,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.151377,
        "energy": 76.243109,
        "activity_lines": [
          10.120056,
          10.058536,
          9.814345,
          9.646907
        ]
      },
      {
        "date": "2025-10-17",
        "close": 9.984712,
        "volume": 159000,
        "typical_volume": 196480.0,
        "trend": 9.48886,
        "fair_value": 9.034276,
        "relative_strength": 4.073733,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.706502,
        "energy": 59.791633,
        "activity_lines": [
          10.073916,
          10.055516,
          9.85319,
          9.680128
        ]
      },
      {
        "date": "2025-10-24",
        "close": 10.335376,
        "volume": 2047700,
        "typical_volume": 294640.0,
        "trend": 9.516236,
        "fair_value": 9.044458,
        "relative_strength": 4.160842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.808487,
        "energy": 66.314281,
        "activity_lines": [
          10.154507,
          10.114239,
          9.921478,
          9.734742
        ]
      },
      {
        "date": "2025-10-31",
        "close": 10.261552,
        "volume": 676000,
        "typical_volume": 325625.0,
        "trend": 9.556839,
        "fair_value": 9.053105,
        "relative_strength": 3.407876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.542511,
        "energy": 64.548,
        "activity_lines": [
          10.196341,
          10.151319,
          9.976846,
          9.782826
        ]
      },
      {
        "date": "2025-11-07",
        "close": 10.067763,
        "volume": 249800,
        "typical_volume": 318000.0,
        "trend": 9.592521,
        "fair_value": 9.060509,
        "relative_strength": 1.662758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.764722,
        "energy": 57.257112,
        "activity_lines": [
          10.166196,
          10.145279,
          10.008353,
          9.815789
        ]
      },
      {
        "date": "2025-11-14",
        "close": 10.012396,
        "volume": 36700,
        "typical_volume": 311845.0,
        "trend": 9.620513,
        "fair_value": 9.068037,
        "relative_strength": 3.415271,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.174524,
        "energy": 48.507659,
        "activity_lines": [
          10.11821,
          10.125145,
          10.028435,
          9.842878
        ]
      },
      {
        "date": "2025-11-21",
        "close": 10.095448,
        "volume": 62000,
        "typical_volume": 306545.0,
        "trend": 9.654964,
        "fair_value": 9.075884,
        "relative_strength": 5.129966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.308517,
        "energy": 37.35587,
        "activity_lines": [
          10.105906,
          10.119273,
          10.05089,
          9.873519
        ]
      },
      {
        "date": "2025-11-28",
        "close": 10.206184,
        "volume": 20200,
        "typical_volume": 297505.0,
        "trend": 9.686954,
        "fair_value": 9.084335,
        "relative_strength": 5.678101,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.213878,
        "energy": 35.020971,
        "activity_lines": [
          10.123132,
          10.134205,
          10.079057,
          9.909082
        ]
      },
      {
        "date": "2025-12-05",
        "close": 10.381516,
        "volume": 38300,
        "typical_volume": 293195.0,
        "trend": 9.718945,
        "fair_value": 9.094442,
        "relative_strength": 5.647315,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 75.809779,
        "energy": 50.326428,
        "activity_lines": [
          10.207414,
          10.179507,
          10.118474,
          9.953892
        ]
      },
      {
        "date": "2025-12-12",
        "close": 10.335376,
        "volume": 54900,
        "typical_volume": 289250.0,
        "trend": 9.752473,
        "fair_value": 9.104305,
        "relative_strength": 6.407318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.441374,
        "energy": 54.243536,
        "activity_lines": [
          10.268319,
          10.212224,
          10.148531,
          9.993662
        ]
      },
      {
        "date": "2025-12-19",
        "close": 10.464568,
        "volume": 204300,
        "typical_volume": 291230.0,
        "trend": 9.789385,
        "fair_value": 9.114679,
        "relative_strength": 7.45074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.893857,
        "energy": 70.098923,
        "activity_lines": [
          10.354447,
          10.263733,
          10.186541,
          10.039603
        ]
      },
      {
        "date": "2025-12-26",
        "close": 10.50148,
        "volume": 56700,
        "typical_volume": 270185.0,
        "trend": 9.834295,
        "fair_value": 9.124119,
        "relative_strength": 6.787476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.638626,
        "energy": 81.311194,
        "activity_lines": [
          10.422734,
          10.315913,
          10.224025,
          10.085545
        ]
      },
      {
        "date": "2026-01-02",
        "close": 10.556848,
        "volume": 62500,
        "typical_volume": 269670.0,
        "trend": 9.882896,
        "fair_value": 9.133596,
        "relative_strength": 6.892056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.342275,
        "energy": 83.945097,
        "activity_lines": [
          10.482409,
          10.368765,
          10.263793,
          10.132161
        ]
      },
      {
        "date": "2026-01-09",
        "close": 10.584533,
        "volume": 125800,
        "typical_volume": 268650.0,
        "trend": 9.931497,
        "fair_value": 9.143143,
        "relative_strength": 7.209572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.976887,
        "energy": 79.990443,
        "activity_lines": [
          10.527934,
          10.422623,
          10.30299,
          10.177428
        ]
      },
      {
        "date": "2026-01-16",
        "close": 10.667585,
        "volume": 137200,
        "typical_volume": 270590.0,
        "trend": 9.994555,
        "fair_value": 9.15333,
        "relative_strength": 5.865645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.61945,
        "energy": 78.295456,
        "activity_lines": [
          10.587609,
          10.485709,
          10.346494,
          10.224918
        ]
      },
      {
        "date": "2026-01-23",
        "close": 10.658357,
        "volume": 625000,
        "typical_volume": 293330.0,
        "trend": 10.054844,
        "fair_value": 9.163351,
        "relative_strength": 2.345425,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.925438,
        "energy": 42.580198,
        "activity_lines": [
          10.62206,
          10.536211,
          10.385207,
          10.267744
        ]
      },
      {
        "date": "2026-01-30",
        "close": 10.748792,
        "volume": 236300,
        "typical_volume": 273025.0,
        "trend": 10.110459,
        "fair_value": 9.175599,
        "relative_strength": 2.088477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.55886,
        "energy": 43.73859,
        "activity_lines": [
          10.673737,
          10.591412,
          10.429238,
          10.312515
        ]
      },
      {
        "date": "2026-02-06",
        "close": 11.3,
        "volume": 253100,
        "typical_volume": 271315.0,
        "trend": 10.185062,
        "fair_value": 9.190342,
        "relative_strength": 4.818573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.306154,
        "energy": 55.510991,
        "activity_lines": [
          10.892663,
          10.734953,
          10.52283,
          10.389259
        ]
      },
      {
        "date": "2026-02-13",
        "close": 11.78,
        "volume": 267100,
        "typical_volume": 279190.0,
        "trend": 10.266437,
        "fair_value": 9.208489,
        "relative_strength": 3.228066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.903326,
        "energy": 65.358963,
        "activity_lines": [
          11.222045,
          10.945879,
          10.656531,
          10.492158
        ]
      },
      {
        "date": "2026-02-20",
        "close": 12.38,
        "volume": 286100,
        "typical_volume": 284895.0,
        "trend": 10.365043,
        "fair_value": 9.2307,
        "relative_strength": 4.709054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.161197,
        "energy": 94.213942,
        "activity_lines": [
          11.671729,
          11.240469,
          10.839618,
          10.628517
        ]
      },
      {
        "date": "2026-02-27",
        "close": 12.4,
        "volume": 170200,
        "typical_volume": 288445.0,
        "trend": 10.457857,
        "fair_value": 9.253802,
        "relative_strength": 1.42594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.956005,
        "energy": 94.146164,
        "activity_lines": [
          12.013919,
          11.501521,
          11.013642,
          10.759805
        ]
      },
      {
        "date": "2026-03-06",
        "close": 11.83,
        "volume": 663400,
        "typical_volume": 313665.0,
        "trend": 10.523058,
        "fair_value": 9.273358,
        "relative_strength": 4.653748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.451029,
        "energy": 86.081173,
        "activity_lines": [
          12.05,
          11.623746,
          11.122583,
          10.84833
        ]
      },
      {
        "date": "2026-03-13",
        "close": 11.98,
        "volume": 356200,
        "typical_volume": 229090.0,
        "trend": 10.592951,
        "fair_value": 9.295073,
        "relative_strength": 5.865295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.298984,
        "energy": 75.06166,
        "activity_lines": [
          12.064,
          11.74909,
          11.237022,
          10.942326
        ]
      },
      {
        "date": "2026-03-20",
        "close": 11.99,
        "volume": 98400,
        "typical_volume": 200210.0,
        "trend": 10.665023,
        "fair_value": 9.316036,
        "relative_strength": 4.097345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.153081,
        "energy": 55.977096,
        "activity_lines": [
          12.036,
          11.850376,
          11.344582,
          11.032459
        ]
      },
      {
        "date": "2026-03-27",
        "close": 12.16,
        "volume": 114500,
        "typical_volume": 193445.0,
        "trend": 10.742147,
        "fair_value": 9.338143,
        "relative_strength": 4.470187,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.214858,
        "energy": 50.749397,
        "activity_lines": [
          12.050667,
          11.957017,
          11.460102,
          11.128909
        ]
      },
      {
        "date": "2026-04-03",
        "close": 12.2,
        "volume": 97500,
        "typical_volume": 196485.0,
        "trend": 10.816605,
        "fair_value": 9.360397,
        "relative_strength": 4.224751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.520025,
        "energy": 49.034014,
        "activity_lines": [
          12.093333,
          12.043796,
          11.569468,
          11.222964
        ]
      },
      {
        "date": "2026-04-10",
        "close": 12.27,
        "volume": 60700,
        "typical_volume": 196420.0,
        "trend": 10.887859,
        "fair_value": 9.382447,
        "relative_strength": 1.105624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.03929,
        "energy": 48.729454,
        "activity_lines": [
          12.172667,
          12.115273,
          11.675084,
          11.316731
        ]
      },
      {
        "date": "2026-04-17",
        "close": 12.02,
        "volume": 66900,
        "typical_volume": 198755.0,
        "trend": 10.951088,
        "fair_value": 9.403384,
        "relative_strength": 0.641856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.732541,
        "energy": 43.8164,
        "activity_lines": [
          12.139333,
          12.113636,
          11.746535,
          11.389773
        ]
      },
      {
        "date": "2026-04-24",
        "close": 12.16,
        "volume": 93800,
        "typical_volume": 201530.0,
        "trend": 11.018061,
        "fair_value": 9.425165,
        "relative_strength": 3.524963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.51745,
        "energy": 60.802178,
        "activity_lines": [
          12.15,
          12.124364,
          11.822683,
          11.467767
        ]
      },
      {
        "date": "2026-05-01",
        "close": 12.34,
        "volume": 145700,
        "typical_volume": 206070.0,
        "trend": 11.093495,
        "fair_value": 9.448317,
        "relative_strength": 2.279568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.198659,
        "energy": 62.590851,
        "activity_lines": [
          12.209333,
          12.160909,
          11.907504,
          11.553053
        ]
      },
      {
        "date": "2026-05-08",
        "close": 12.45,
        "volume": 104000,
        "typical_volume": 201055.0,
        "trend": 11.17075,
        "fair_value": 9.470977,
        "relative_strength": 2.606144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.031413,
        "energy": 70.692206,
        "activity_lines": [
          12.293333,
          12.218182,
          11.993255,
          11.64057
        ]
      },
      {
        "date": "2026-05-15",
        "close": 12.61,
        "volume": 1150500,
        "typical_volume": 255745.0,
        "trend": 11.258259,
        "fair_value": 9.495859,
        "relative_strength": 2.597258,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.81269,
        "energy": 82.191773,
        "activity_lines": [
          12.414,
          12.303636,
          12.084791,
          11.733425
        ]
      },
      {
        "date": "2026-05-22",
        "close": 12.75,
        "volume": 51800,
        "typical_volume": 255210.0,
        "trend": 11.338747,
        "fair_value": 9.521204,
        "relative_strength": 2.258752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.803046,
        "energy": 85.567497,
        "activity_lines": [
          12.558667,
          12.400364,
          12.179619,
          11.829666
        ]
      },
      {
        "date": "2026-05-29",
        "close": 12.69,
        "volume": 100000,
        "typical_volume": 253920.0,
        "trend": 11.419695,
        "fair_value": 9.546382,
        "relative_strength": -0.179505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.395994,
        "energy": 85.408805,
        "activity_lines": [
          12.634667,
          12.472182,
          12.258289,
          11.916844
        ]
      },
      {
        "date": "2026-06-05",
        "close": 12.85,
        "volume": 113800,
        "typical_volume": 252750.0,
        "trend": 11.512436,
        "fair_value": 9.571388,
        "relative_strength": 0.143352,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.774561,
        "energy": 90.762021,
        "activity_lines": [
          12.728667,
          12.560364,
          12.342171,
          12.009121
        ]
      },
      {
        "date": "2026-06-12",
        "close": 12.8,
        "volume": 46900,
        "typical_volume": 223845.0,
        "trend": 11.605356,
        "fair_value": 9.596835,
        "relative_strength": -0.839456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.07025,
        "energy": 88.213681,
        "activity_lines": [
          12.772,
          12.626909,
          12.410899,
          12.09219
        ]
      },
      {
        "date": "2026-06-19",
        "close": 12.394462,
        "volume": 8400,
        "typical_volume": 212450.0,
        "trend": 11.68199,
        "fair_value": 9.620336,
        "relative_strength": -2.687382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.486155,
        "energy": 61.293498,
        "activity_lines": [
          12.656821,
          12.608811,
          12.430806,
          12.1431
        ]
      },
      {
        "date": "2026-06-26",
        "close": 12.538807,
        "volume": 17200,
        "typical_volume": 200655.0,
        "trend": 11.759744,
        "fair_value": 9.644654,
        "relative_strength": 0.38198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.131969,
        "energy": 51.16841,
        "activity_lines": [
          12.604126,
          12.614695,
          12.456623,
          12.198379
        ]
      },
      {
        "date": "2026-07-03",
        "close": 13.27978,
        "volume": 16600,
        "typical_volume": 188130.0,
        "trend": 11.856353,
        "fair_value": 9.673885,
        "relative_strength": 1.732917,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.605768,
        "energy": 66.012754,
        "activity_lines": [
          12.812501,
          12.745868,
          12.547111,
          12.296445
        ]
      },
      {
        "date": "2026-07-10",
        "close": 13.491488,
        "volume": 1858600,
        "typical_volume": 266755.0,
        "trend": 11.961557,
        "fair_value": 9.703384,
        "relative_strength": 2.64235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.387041,
        "energy": 72.3514,
        "activity_lines": [
          13.052127,
          12.895174,
          12.650619,
          12.401938
        ]
      },
      {
        "date": "2026-07-17",
        "close": 13.770555,
        "volume": 285600,
        "typical_volume": 272525.0,
        "trend": 12.071756,
        "fair_value": 9.734182,
        "relative_strength": 3.485068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.782454,
        "energy": 94.773696,
        "activity_lines": [
          13.34201,
          13.074284,
          12.775412,
          12.518648
        ]
      },
      {
        "date": "2026-07-24",
        "close": 13.99,
        "volume": 1089900,
        "typical_volume": 293850.0,
        "trend": 12.18804,
        "fair_value": 9.766115,
        "relative_strength": 4.645164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.693498,
        "energy": 95.620373,
        "activity_lines": [
          13.640337,
          13.269282,
          12.914578,
          12.642405
        ]
      },
      {
        "date": "2026-07-31",
        "close": 14.05,
        "volume": 401900,
        "typical_volume": 296135.0,
        "trend": 12.304479,
        "fair_value": 9.798704,
        "relative_strength": 6.091862,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.039296,
        "energy": 93.291051,
        "activity_lines": [
          13.852295,
          13.450099,
          13.049173,
          12.762532
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.18,
        "volume": 1208500,
        "typical_volume": 351640.0,
        "trend": 12.424328,
        "fair_value": 9.831937,
        "relative_strength": 7.559503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.532319,
        "energy": 92.66522,
        "activity_lines": [
          14.00684,
          13.630915,
          13.186292,
          12.883533
        ]
      }
    ],
    "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."
    }
  }
}