{
  "ticker": {
    "uuid": "9f90b0fe-8949-44bf-9985-80dea11d7d3c",
    "symbol": "XEWP",
    "name": "Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF 4C- GBP Hedged",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 93.298,
    "architecture_energy": 79.913,
    "architecture_maturity": 40.029,
    "architecture_confidence": 78.977,
    "architecture_tenure": "Established",
    "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": 0.2,
        "rotation_up": 75.21,
        "upward_expansion": 92.03,
        "deceleration": 47.89,
        "rotation_down": 21.74,
        "downward_expansion": 14.03
      },
      "activity_lines": [
        9.524733,
        9.452173,
        9.286686,
        9.132171
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 1.0
    },
    "latest_close": 9.7045,
    "trend_reference": 8.965267,
    "distance_from_trend": 0.082455,
    "trend_direction": "Improving",
    "fair_value": 7.955302,
    "distance_from_fair_value": 0.219878,
    "fair_value_direction": "Improving",
    "relative_strength": 3.841447,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.09854,
    "excess_performance": 0.047304,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.082455,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.041813,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.219878,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.06873,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.038414,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.009452,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.09854,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.383981,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 19840,
      "relative_activity": 1.118276,
      "balance": 1.383981,
      "dry_up": 0.759233,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.013734,
      "annualized_volatility": 0.102501,
      "from_high_reference": -0.000463,
      "from_low_reference": 0.248007
    },
    "levels": {
      "trend_reference": 8.965267,
      "fair_value_reference": 7.955302,
      "structural_low": 8.2454,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.021792,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.005626,
        "regime_survival": 0.875,
        "best_return": 0.033773,
        "worst_return": -0.023545,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.045487,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.018937,
        "regime_survival": 1.0,
        "best_return": 0.091311,
        "worst_return": -0.000338,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.090943,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.039697,
        "regime_survival": 1.0,
        "best_return": 0.090943,
        "worst_return": 0.090943,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-14",
        "end": "2026-03-13",
        "tenure": "Established",
        "return": 0.036291,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.056718,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.087217,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-05-10",
        "close": 7.0324,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 7.1125,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 7.0535,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 6.946,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 7.0055,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 6.926,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 7.0055,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 7.0105,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 6.9535,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 7.1965,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 7.1635,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 7.2065,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 7.015,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 7.0685,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7.2525,
        "volume": 39122,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 7.4275,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 7.4375,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7.279,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 7.45,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 7.524,
        "volume": 2320,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 7.7025,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 7.5845,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 7.7085,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 7.753,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 7.643,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 7.5455,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 7.8235,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 7.6885,
        "volume": 2175,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 7.869,
        "volume": 132490,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 7.9805,
        "volume": 107407,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 7.875,
        "volume": 36116,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 7.745,
        "volume": 34637,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 7.49,
        "volume": 15117,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 7.53,
        "volume": 2876,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 7.468,
        "volume": 7827,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 7.373,
        "volume": 35113,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 7.684,
        "volume": 76640,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 7.7835,
        "volume": 22664,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 7.788,
        "volume": 37434,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 7.6565,
        "volume": 78220,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 7.72,
        "volume": 53919,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 7.7175,
        "volume": 27923,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 7.599,
        "volume": 31095,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 7.4215,
        "volume": 99549,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 7.275,
        "volume": 70447,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 7.356,
        "volume": 60574,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 7.3095,
        "volume": 50481,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 6.78,
        "volume": 186105,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 6.669,
        "volume": 48922,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 6.8415,
        "volume": 41760,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 7.01,
        "volume": 77994,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 7.169,
        "volume": 48183,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 7.2535,
        "volume": 38813,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 7.5155,
        "volume": 33780,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 7.3065,
        "volume": 39693,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 7.4205,
        "volume": 4312,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 7.5245,
        "volume": 18080,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 7.5265,
        "volume": 11013,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 7.5185,
        "volume": 30756,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 7.678,
        "volume": 24797,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 7.8015,
        "volume": 16089,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 7.8155,
        "volume": 12652,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-18",
        "close": 7.805,
        "volume": 39819,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-25",
        "close": 7.927,
        "volume": 33259,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-01",
        "close": 7.654,
        "volume": 27205,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-08",
        "close": 7.735,
        "volume": 129262,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-15",
        "close": 7.879,
        "volume": 20489,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-22",
        "close": 8.052,
        "volume": 21787,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-29",
        "close": 7.9785,
        "volume": 41503,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-05",
        "close": 8.001,
        "volume": 47726,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-12",
        "close": 8.0565,
        "volume": 77183,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-19",
        "close": 8.047,
        "volume": 68972,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-26",
        "close": 8.054,
        "volume": 50328,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-03",
        "close": 8.2135,
        "volume": 47404,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-10",
        "close": 7.9965,
        "volume": 56700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-17",
        "close": 8.013,
        "volume": 29258,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-24",
        "close": 8.1992,
        "volume": 36514,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-31",
        "close": 8.071,
        "volume": 25504,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-07",
        "close": 8.027,
        "volume": 86787,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-14",
        "close": 8.1425,
        "volume": 7752,
        "typical_volume": 43809.65,
        "trend": 7.779707,
        "fair_value": 7.53547,
        "relative_strength": -3.53611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.015948,
        "energy": 43.261832,
        "activity_lines": [
          8.096327,
          8.088316,
          8.036573,
          7.943921
        ]
      },
      {
        "date": "2025-11-21",
        "close": 8.024,
        "volume": 24517,
        "typical_volume": 44231.05,
        "trend": 7.813507,
        "fair_value": 7.541501,
        "relative_strength": -3.12032,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.163155,
        "energy": 26.301098,
        "activity_lines": [
          8.074147,
          8.077767,
          8.041389,
          7.959682
        ]
      },
      {
        "date": "2025-11-28",
        "close": 8.298,
        "volume": 4419,
        "typical_volume": 43819.4,
        "trend": 7.85114,
        "fair_value": 7.550727,
        "relative_strength": -1.436931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.219385,
        "energy": 44.089473,
        "activity_lines": [
          8.142567,
          8.117627,
          8.07124,
          7.99094
        ]
      },
      {
        "date": "2025-12-05",
        "close": 8.342,
        "volume": 8264,
        "typical_volume": 42241.65,
        "trend": 7.887423,
        "fair_value": 7.56026,
        "relative_strength": -0.177808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.655374,
        "energy": 58.109408,
        "activity_lines": [
          8.219067,
          8.160924,
          8.102985,
          8.022608
        ]
      },
      {
        "date": "2025-12-12",
        "close": 8.4175,
        "volume": 37972,
        "typical_volume": 42477.3,
        "trend": 7.91749,
        "fair_value": 7.570465,
        "relative_strength": 1.050056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.375252,
        "energy": 71.086359,
        "activity_lines": [
          8.302667,
          8.212711,
          8.139362,
          8.056807
        ]
      },
      {
        "date": "2025-12-19",
        "close": 8.4035,
        "volume": 9921,
        "typical_volume": 41613.1,
        "trend": 7.954057,
        "fair_value": 7.580266,
        "relative_strength": -1.480057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.570903,
        "energy": 78.461656,
        "activity_lines": [
          8.355567,
          8.258244,
          8.172071,
          8.088162
        ]
      },
      {
        "date": "2025-12-26",
        "close": 8.4265,
        "volume": 8997,
        "typical_volume": 35599.85,
        "trend": 7.98759,
        "fair_value": 7.590106,
        "relative_strength": -0.78764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.019581,
        "energy": 77.544975,
        "activity_lines": [
          8.398733,
          8.300558,
          8.203401,
          8.118642
        ]
      },
      {
        "date": "2026-01-02",
        "close": 8.4045,
        "volume": 10362,
        "typical_volume": 35093.5,
        "trend": 8.016923,
        "fair_value": 7.599467,
        "relative_strength": -1.706671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.485311,
        "energy": 68.341042,
        "activity_lines": [
          8.407733,
          8.331355,
          8.229343,
          8.14554
        ]
      },
      {
        "date": "2026-01-09",
        "close": 8.614,
        "volume": 43115,
        "typical_volume": 36159.9,
        "trend": 8.053173,
        "fair_value": 7.610995,
        "relative_strength": -0.887371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.88951,
        "energy": 75.465717,
        "activity_lines": [
          8.479467,
          8.396509,
          8.272735,
          8.184061
        ]
      },
      {
        "date": "2026-01-16",
        "close": 8.683,
        "volume": 45661,
        "typical_volume": 36367.8,
        "trend": 8.09199,
        "fair_value": 7.62304,
        "relative_strength": -1.051841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.678097,
        "energy": 82.848047,
        "activity_lines": [
          8.556067,
          8.464336,
          8.320022,
          8.224695
        ]
      },
      {
        "date": "2026-01-23",
        "close": 8.6765,
        "volume": 41530,
        "typical_volume": 36058.0,
        "trend": 8.125273,
        "fair_value": 7.634746,
        "relative_strength": -0.095515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.681763,
        "energy": 82.948401,
        "activity_lines": [
          8.6128,
          8.519055,
          8.363335,
          8.262405
        ]
      },
      {
        "date": "2026-01-30",
        "close": 8.614,
        "volume": 23508,
        "typical_volume": 33374.25,
        "trend": 8.152357,
        "fair_value": 7.645507,
        "relative_strength": -1.46991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.513043,
        "energy": 80.414245,
        "activity_lines": [
          8.6305,
          8.5527,
          8.39748,
          8.293936
        ]
      },
      {
        "date": "2026-02-06",
        "close": 8.834,
        "volume": 45564,
        "typical_volume": 32203.85,
        "trend": 8.186307,
        "fair_value": 7.658425,
        "relative_strength": -0.316044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.213625,
        "energy": 84.123696,
        "activity_lines": [
          8.709033,
          8.615618,
          8.449921,
          8.337913
        ]
      },
      {
        "date": "2026-02-13",
        "close": 8.886,
        "volume": 61232,
        "typical_volume": 32749.05,
        "trend": 8.22234,
        "fair_value": 7.671625,
        "relative_strength": -0.389603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.326484,
        "energy": 82.765899,
        "activity_lines": [
          8.776267,
          8.678245,
          8.503568,
          8.383054
        ]
      },
      {
        "date": "2026-02-20",
        "close": 8.879,
        "volume": 39109,
        "typical_volume": 32334.3,
        "trend": 8.254073,
        "fair_value": 7.684469,
        "relative_strength": -2.575446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.618564,
        "energy": 82.987768,
        "activity_lines": [
          8.823033,
          8.729709,
          8.552586,
          8.42542
        ]
      },
      {
        "date": "2026-02-27",
        "close": 8.9425,
        "volume": 47547,
        "typical_volume": 31876.65,
        "trend": 8.297023,
        "fair_value": 7.697712,
        "relative_strength": -3.797279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.915077,
        "energy": 88.529993,
        "activity_lines": [
          8.8779,
          8.784327,
          8.604483,
          8.469834
        ]
      },
      {
        "date": "2026-03-06",
        "close": 8.626,
        "volume": 2877,
        "typical_volume": 30557.6,
        "trend": 8.326723,
        "fair_value": 7.707381,
        "relative_strength": -1.519435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.087005,
        "energy": 59.108589,
        "activity_lines": [
          8.809533,
          8.7716,
          8.621732,
          8.491058
        ]
      },
      {
        "date": "2026-03-13",
        "close": 8.438,
        "volume": 32935,
        "typical_volume": 30378.65,
        "trend": 8.345357,
        "fair_value": 7.714913,
        "relative_strength": -3.399625,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.330426,
        "energy": 32.376439,
        "activity_lines": [
          8.6777,
          8.721064,
          8.618157,
          8.498238
        ]
      },
      {
        "date": "2026-03-20",
        "close": 8.366,
        "volume": 78834,
        "typical_volume": 33045.15,
        "trend": 8.355823,
        "fair_value": 7.721557,
        "relative_strength": -0.896498,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.591541,
        "energy": 21.167728,
        "activity_lines": [
          8.548267,
          8.656827,
          8.606588,
          8.499569
        ]
      },
      {
        "date": "2026-03-27",
        "close": 8.315,
        "volume": 39767,
        "typical_volume": 30694.15,
        "trend": 8.36704,
        "fair_value": 7.727552,
        "relative_strength": -1.963843,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.798527,
        "energy": 29.696323,
        "activity_lines": [
          8.4365,
          8.587827,
          8.588757,
          8.496936
        ]
      },
      {
        "date": "2026-04-03",
        "close": 8.449,
        "volume": 10248,
        "typical_volume": 30818.95,
        "trend": 8.381973,
        "fair_value": 7.734766,
        "relative_strength": -4.790516,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.530918,
        "energy": 27.294123,
        "activity_lines": [
          8.407,
          8.549882,
          8.582317,
          8.502223
        ]
      },
      {
        "date": "2026-04-10",
        "close": 8.631,
        "volume": 45808,
        "typical_volume": 31883.5,
        "trend": 8.401123,
        "fair_value": 7.74364,
        "relative_strength": -4.195964,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.756493,
        "energy": 22.017469,
        "activity_lines": [
          8.471067,
          8.549164,
          8.59175,
          8.51829
        ]
      },
      {
        "date": "2026-04-17",
        "close": 8.888,
        "volume": 6716,
        "typical_volume": 31998.35,
        "trend": 8.429157,
        "fair_value": 7.754859,
        "relative_strength": -1.978193,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.842506,
        "energy": 23.93123,
        "activity_lines": [
          8.620467,
          8.594864,
          8.622769,
          8.549701
        ]
      },
      {
        "date": "2026-04-24",
        "close": 8.8405,
        "volume": 12536,
        "typical_volume": 32211.95,
        "trend": 8.455373,
        "fair_value": 7.765399,
        "relative_strength": 0.165529,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.236745,
        "energy": 40.563164,
        "activity_lines": [
          8.724033,
          8.630945,
          8.646455,
          8.576239
        ]
      },
      {
        "date": "2026-05-01",
        "close": 8.926,
        "volume": 6464,
        "typical_volume": 30636.55,
        "trend": 8.479123,
        "fair_value": 7.776559,
        "relative_strength": 1.220085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.819141,
        "energy": 61.288,
        "activity_lines": [
          8.824467,
          8.6834,
          8.67591,
          8.606602
        ]
      },
      {
        "date": "2026-05-08",
        "close": 8.965,
        "volume": 43993,
        "typical_volume": 32340.15,
        "trend": 8.511407,
        "fair_value": 7.787877,
        "relative_strength": 2.89624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.469971,
        "energy": 76.119337,
        "activity_lines": [
          8.897167,
          8.742091,
          8.706657,
          8.637949
        ]
      },
      {
        "date": "2026-05-15",
        "close": 8.883,
        "volume": 6232,
        "typical_volume": 32201.9,
        "trend": 8.540407,
        "fair_value": 7.798208,
        "relative_strength": 2.318458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.9803,
        "energy": 72.42067,
        "activity_lines": [
          8.908133,
          8.785464,
          8.726921,
          8.661923
        ]
      },
      {
        "date": "2026-05-22",
        "close": 9.056,
        "volume": 45992,
        "typical_volume": 33983.4,
        "trend": 8.568967,
        "fair_value": 7.809964,
        "relative_strength": 1.548977,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.479761,
        "energy": 74.114845,
        "activity_lines": [
          8.959967,
          8.855618,
          8.761488,
          8.695187
        ]
      },
      {
        "date": "2026-05-29",
        "close": 9.1655,
        "volume": 1199,
        "typical_volume": 31887.6,
        "trend": 8.60545,
        "fair_value": 7.822515,
        "relative_strength": 3.258962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.043709,
        "energy": 76.06298,
        "activity_lines": [
          9.0371,
          8.934445,
          8.803381,
          8.733673
        ]
      },
      {
        "date": "2026-06-05",
        "close": 9.2055,
        "volume": 23612,
        "typical_volume": 30785.15,
        "trend": 8.644733,
        "fair_value": 7.835203,
        "relative_strength": 4.036134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.383052,
        "energy": 80.799363,
        "activity_lines": [
          9.1059,
          9.006009,
          8.846457,
          8.772386
        ]
      },
      {
        "date": "2026-06-12",
        "close": 9.2975,
        "volume": 0,
        "typical_volume": 28708.65,
        "trend": 8.683233,
        "fair_value": 7.848496,
        "relative_strength": 3.948538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.912735,
        "energy": 90.474125,
        "activity_lines": [
          9.186733,
          9.078109,
          8.895807,
          8.8145
        ]
      },
      {
        "date": "2026-06-19",
        "close": 9.203,
        "volume": 48016,
        "typical_volume": 29934.05,
        "trend": 8.722533,
        "fair_value": 7.860699,
        "relative_strength": 3.895275,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.05757,
        "energy": 85.546534,
        "activity_lines": [
          9.2139,
          9.1176,
          8.9332,
          8.848033
        ]
      },
      {
        "date": "2026-06-26",
        "close": 9.351,
        "volume": 970,
        "typical_volume": 27704.35,
        "trend": 8.757633,
        "fair_value": 7.874005,
        "relative_strength": 4.071922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.725589,
        "energy": 90.299521,
        "activity_lines": [
          9.269067,
          9.1736,
          8.981883,
          8.88858
        ]
      },
      {
        "date": "2026-07-03",
        "close": 9.4145,
        "volume": 1236,
        "typical_volume": 24704.55,
        "trend": 8.793383,
        "fair_value": 7.887638,
        "relative_strength": 3.106981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.805869,
        "energy": 91.410426,
        "activity_lines": [
          9.325733,
          9.232727,
          9.034152,
          8.930958
        ]
      },
      {
        "date": "2026-07-10",
        "close": 9.404,
        "volume": 8163,
        "typical_volume": 23157.25,
        "trend": 8.826267,
        "fair_value": 7.900939,
        "relative_strength": 4.723492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.129179,
        "energy": 87.85962,
        "activity_lines": [
          9.3623,
          9.279509,
          9.082905,
          8.970353
        ]
      },
      {
        "date": "2026-07-17",
        "close": 9.4375,
        "volume": 11087,
        "typical_volume": 21334.25,
        "trend": 8.860733,
        "fair_value": 7.914301,
        "relative_strength": 4.022194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.161571,
        "energy": 89.933469,
        "activity_lines": [
          9.3968,
          9.323691,
          9.132348,
          9.009787
        ]
      },
      {
        "date": "2026-07-24",
        "close": 9.4365,
        "volume": 16994,
        "typical_volume": 22040.1,
        "trend": 8.8944,
        "fair_value": 7.927423,
        "relative_strength": 2.67299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.702383,
        "energy": 84.531219,
        "activity_lines": [
          9.421633,
          9.3591,
          9.179338,
          9.046933
        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.44,
        "volume": 5959,
        "typical_volume": 20691.3,
        "trend": 8.928917,
        "fair_value": 7.940351,
        "relative_strength": 1.408522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.118053,
        "energy": 66.900119,
        "activity_lines": [
          9.432067,
          9.385082,
          9.222802,
          9.082133
        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.7045,
        "volume": 19840,
        "typical_volume": 17741.6,
        "trend": 8.965267,
        "fair_value": 7.955302,
        "relative_strength": 3.841447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.29766,
        "energy": 79.913365,
        "activity_lines": [
          9.524733,
          9.452173,
          9.286686,
          9.132171
        ]
      }
    ],
    "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."
    }
  }
}