{
  "ticker": {
    "uuid": "9fbf6925-682b-44c6-9993-917dc2075475",
    "symbol": "MKTW",
    "name": "Marketwise Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 64.818,
    "architecture_energy": 62.817,
    "architecture_maturity": 24.072,
    "architecture_confidence": 85.388,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 13.81,
        "rotation_up": 69.15,
        "upward_expansion": 88.41,
        "deceleration": 44.84,
        "rotation_down": 13.15,
        "downward_expansion": 12.75
      },
      "activity_lines": [
        20.016667,
        19.340545,
        18.528573,
        17.817282
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 20.25,
    "trend_reference": 16.862407,
    "distance_from_trend": 0.200896,
    "trend_direction": "Improving",
    "fair_value": 18.923321,
    "distance_from_fair_value": 0.070108,
    "fair_value_direction": "Improving",
    "relative_strength": 10.275523,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.416746,
    "excess_performance": 0.229293,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.200896,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.080969,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.070108,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.06002,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.102755,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.034215,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.416746,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.122081,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 112458,
      "relative_activity": 1.032215,
      "balance": 1.122081,
      "dry_up": 0.52938,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.093124,
      "annualized_volatility": 0.600751,
      "from_high_reference": -0.113009,
      "from_low_reference": 0.630334
    },
    "levels": {
      "trend_reference": 16.862407,
      "fair_value_reference": 18.923321,
      "structural_low": 12.728215,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": -0.073537,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.363636,
        "median_excess_return": -0.06933,
        "regime_survival": 0.636364,
        "best_return": 0.274184,
        "worst_return": -0.295276,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.038925,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.101396,
        "regime_survival": 0.2,
        "best_return": 0.275475,
        "worst_return": -0.443648,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.176382,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.075993,
        "regime_survival": 0.333333,
        "best_return": 0.268824,
        "worst_return": -0.595339,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.009218,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.387983,
        "regime_survival": 0.5,
        "best_return": 0.504991,
        "worst_return": -0.486556,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-31",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": 0.311115,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-14",
        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.091283,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.319751,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-09",
        "end": "2025-08-22",
        "tenure": "Established",
        "return": 0.254762,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.229399,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-17",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": 0.143646,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": -0.138872,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-02",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.075083,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": -0.179157,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-06",
        "end": "2026-03-20",
        "tenure": "New",
        "return": 0.075377,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-27",
        "end": "2026-04-03",
        "tenure": "New",
        "return": -0.012546,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-10",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": 0.069223,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-19",
        "end": "2026-07-10",
        "tenure": "New",
        "return": 0.203941,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.006962,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 22.856646,
        "volume": 747484,
        "typical_volume": 560354.9,
        "trend": 28.913955,
        "fair_value": 84.842905,
        "relative_strength": -36.21968,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.462228,
        "energy": 41.383713,
        "activity_lines": [
          25.491304,
          26.952074,
          28.704847,
          28.486273
        ]
      },
      {
        "date": "2023-08-25",
        "close": 20.644712,
        "volume": 483057,
        "typical_volume": 559733.7,
        "trend": 28.41293,
        "fair_value": 84.426034,
        "relative_strength": -42.33768,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.545488,
        "energy": 63.467675,
        "activity_lines": [
          23.657857,
          25.451981,
          27.966625,
          27.952773
        ]
      },
      {
        "date": "2023-09-01",
        "close": 22.709184,
        "volume": 766951,
        "typical_volume": 588158.4,
        "trend": 27.892633,
        "fair_value": 84.027861,
        "relative_strength": -37.914854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.471623,
        "energy": 66.326371,
        "activity_lines": [
          22.895969,
          24.608765,
          27.438568,
          27.58479
        ]
      },
      {
        "date": "2023-09-08",
        "close": 20.482793,
        "volume": 469704,
        "typical_volume": 601569.25,
        "trend": 27.523235,
        "fair_value": 83.62052,
        "relative_strength": -42.424094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.059912,
        "energy": 73.032205,
        "activity_lines": [
          21.775353,
          23.628864,
          26.702892,
          27.106735
        ]
      },
      {
        "date": "2023-09-15",
        "close": 25.974556,
        "volume": 2243493,
        "typical_volume": 703887.2,
        "trend": 27.380941,
        "fair_value": 82.841212,
        "relative_strength": -25.829793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.263958,
        "energy": 49.547783,
        "activity_lines": [
          22.938505,
          23.811278,
          26.503861,
          27.006821
        ]
      },
      {
        "date": "2023-09-22",
        "close": 23.748166,
        "volume": 301830,
        "typical_volume": 711138.9,
        "trend": 27.188902,
        "fair_value": 82.060807,
        "relative_strength": -29.013982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.55289,
        "energy": 33.552878,
        "activity_lines": [
          23.343368,
          23.64213,
          26.097741,
          26.772448
        ]
      },
      {
        "date": "2023-09-29",
        "close": 23.748166,
        "volume": 201754,
        "typical_volume": 709247.35,
        "trend": 26.977288,
        "fair_value": 81.27852,
        "relative_strength": -28.201759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.849424,
        "energy": 26.99049,
        "activity_lines": [
          23.688795,
          23.518438,
          25.694586,
          26.550465
        ]
      },
      {
        "date": "2023-10-06",
        "close": 22.412332,
        "volume": 292407,
        "typical_volume": 708634.1,
        "trend": 26.774977,
        "fair_value": 80.495199,
        "relative_strength": -32.271749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.423727,
        "energy": 24.475623,
        "activity_lines": [
          23.382048,
          23.200006,
          25.17836,
          26.255952
        ]
      },
      {
        "date": "2023-10-13",
        "close": 21.521775,
        "volume": 214059,
        "typical_volume": 667584.65,
        "trend": 26.6849,
        "fair_value": 79.695817,
        "relative_strength": -33.946647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.720224,
        "energy": 34.772746,
        "activity_lines": [
          22.798239,
          22.829615,
          24.593637,
          25.917036
        ]
      },
      {
        "date": "2023-10-20",
        "close": 25.380852,
        "volume": 1417978,
        "typical_volume": 725273.2,
        "trend": 26.723459,
        "fair_value": 78.940936,
        "relative_strength": -18.563217,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.407272,
        "energy": 23.076343,
        "activity_lines": [
          23.431524,
          23.26558,
          24.427763,
          25.832904
        ]
      },
      {
        "date": "2023-10-27",
        "close": 28.349373,
        "volume": 1758837,
        "typical_volume": 783354.5,
        "trend": 26.763094,
        "fair_value": 78.202261,
        "relative_strength": -5.528649,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.716588,
        "energy": 10.315901,
        "activity_lines": [
          25.093895,
          24.247662,
          24.598593,
          25.937801
        ]
      },
      {
        "date": "2023-11-03",
        "close": 35.325397,
        "volume": 1128146,
        "typical_volume": 805995.4,
        "trend": 27.157606,
        "fair_value": 77.509244,
        "relative_strength": 10.834433,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.077993,
        "energy": 29.588296,
        "activity_lines": [
          28.774861,
          26.398245,
          25.46804,
          26.490208
        ]
      },
      {
        "date": "2023-11-10",
        "close": 38.05391,
        "volume": 1228951,
        "typical_volume": 749836.9,
        "trend": 27.638176,
        "fair_value": 76.835601,
        "relative_strength": 16.637414,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.245191,
        "energy": 59.544677,
        "activity_lines": [
          32.593516,
          28.778,
          26.601168,
          27.193195
        ]
      },
      {
        "date": "2023-11-17",
        "close": 47.527912,
        "volume": 1501632,
        "typical_volume": 792097.55,
        "trend": 28.444332,
        "fair_value": 76.213277,
        "relative_strength": 42.818205,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 90.100996,
        "energy": 90.675065,
        "activity_lines": [
          38.527399,
          32.601305,
          28.633732,
          28.476404
        ]
      },
      {
        "date": "2023-11-24",
        "close": 52.107013,
        "volume": 944486,
        "typical_volume": 821106.0,
        "trend": 29.280782,
        "fair_value": 75.618424,
        "relative_strength": 54.408231,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.46659,
        "energy": 96.30226,
        "activity_lines": [
          44.253907,
          36.765445,
          31.016518,
          30.003029
        ]
      },
      {
        "date": "2023-12-01",
        "close": 48.317412,
        "volume": 1138729,
        "typical_volume": 843235.35,
        "trend": 30.078999,
        "fair_value": 74.987986,
        "relative_strength": 42.171752,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.407246,
        "energy": 90.19772,
        "activity_lines": [
          46.935471,
          39.765431,
          32.927892,
          31.231198
        ]
      },
      {
        "date": "2023-12-08",
        "close": 43.264611,
        "volume": 807604,
        "typical_volume": 866890.4,
        "trend": 30.63049,
        "fair_value": 74.314805,
        "relative_strength": 26.193492,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.33792,
        "energy": 84.150309,
        "activity_lines": [
          46.601565,
          41.400012,
          34.252956,
          32.081883
        ]
      },
      {
        "date": "2023-12-15",
        "close": 44.843611,
        "volume": 1214389,
        "typical_volume": 906022.55,
        "trend": 31.263976,
        "fair_value": 73.64563,
        "relative_strength": 26.111708,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.034945,
        "energy": 65.086705,
        "activity_lines": [
          46.264712,
          42.96684,
          35.648072,
          32.998858
        ]
      },
      {
        "date": "2023-12-22",
        "close": 47.524312,
        "volume": 965051,
        "typical_volume": 928653.25,
        "trend": 31.771494,
        "fair_value": 72.962111,
        "relative_strength": 31.619628,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.650026,
        "energy": 55.566317,
        "activity_lines": [
          46.368778,
          44.613227,
          37.220478,
          34.047912
        ]
      },
      {
        "date": "2023-12-29",
        "close": 43.247124,
        "volume": 842746,
        "typical_volume": 933464.4,
        "trend": 31.989128,
        "fair_value": 72.273761,
        "relative_strength": 19.058464,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.950637,
        "energy": 43.481416,
        "activity_lines": [
          45.047356,
          45.009169,
          38.289133,
          34.788276
        ]
      },
      {
        "date": "2024-01-05",
        "close": 39.762007,
        "volume": 822913,
        "typical_volume": 937235.85,
        "trend": 32.129915,
        "fair_value": 71.551541,
        "relative_strength": 12.822687,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.337839,
        "energy": 32.997433,
        "activity_lines": [
          43.154887,
          44.446613,
          38.942468,
          35.289752
        ]
      },
      {
        "date": "2024-01-12",
        "close": 38.336278,
        "volume": 599227,
        "typical_volume": 943044.35,
        "trend": 32.203516,
        "fair_value": 70.809125,
        "relative_strength": 5.652829,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.501156,
        "energy": 23.999915,
        "activity_lines": [
          41.357535,
          43.41733,
          39.379517,
          35.690162
        ]
      },
      {
        "date": "2024-01-19",
        "close": 38.019449,
        "volume": 559098,
        "typical_volume": 932651.7,
        "trend": 32.222318,
        "fair_value": 70.059972,
        "relative_strength": 2.428166,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.031609,
        "energy": 22.951207,
        "activity_lines": [
          39.783129,
          42.275699,
          39.702146,
          36.065384
        ]
      },
      {
        "date": "2024-01-26",
        "close": 40.23725,
        "volume": 379038,
        "typical_volume": 928118.4,
        "trend": 32.580478,
        "fair_value": 69.348563,
        "relative_strength": 8.352467,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.575471,
        "energy": 21.87635,
        "activity_lines": [
          39.402935,
          41.537931,
          40.163089,
          36.582476
        ]
      },
      {
        "date": "2024-02-02",
        "close": 36.118477,
        "volume": 403105,
        "typical_volume": 836099.0,
        "trend": 32.821007,
        "fair_value": 68.580637,
        "relative_strength": -3.02754,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.947172,
        "energy": 18.189932,
        "activity_lines": [
          38.13562,
          40.183853,
          40.137699,
          36.810734
        ]
      },
      {
        "date": "2024-02-09",
        "close": 35.167991,
        "volume": 353215,
        "typical_volume": 838668.25,
        "trend": 33.118331,
        "fair_value": 67.768032,
        "relative_strength": -6.788248,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.952699,
        "energy": 12.321825,
        "activity_lines": [
          37.026719,
          38.94766,
          39.973482,
          36.962152
        ]
      },
      {
        "date": "2024-02-16",
        "close": 32.316532,
        "volume": 831540,
        "typical_volume": 870157.55,
        "trend": 33.315691,
        "fair_value": 66.934326,
        "relative_strength": -12.54919,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.991245,
        "energy": 16.230974,
        "activity_lines": [
          35.2736,
          37.4321,
          39.483317,
          36.910423
        ]
      },
      {
        "date": "2024-02-23",
        "close": 28.98983,
        "volume": 719271,
        "typical_volume": 891500.75,
        "trend": 33.333345,
        "fair_value": 66.114115,
        "relative_strength": -22.04787,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -33.675483,
        "energy": 43.087605,
        "activity_lines": [
          32.812897,
          35.510742,
          38.635521,
          36.631335
        ]
      },
      {
        "date": "2024-03-01",
        "close": 29.306659,
        "volume": 336458,
        "typical_volume": 897620.7,
        "trend": 33.400883,
        "fair_value": 65.362754,
        "relative_strength": -22.135716,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.269191,
        "energy": 55.848468,
        "activity_lines": [
          31.059778,
          33.935239,
          37.786579,
          36.371549
        ]
      },
      {
        "date": "2024-03-08",
        "close": 30.098731,
        "volume": 576305,
        "typical_volume": 855537.05,
        "trend": 33.546435,
        "fair_value": 64.619294,
        "relative_strength": -18.25714,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.293441,
        "energy": 58.221589,
        "activity_lines": [
          30.299389,
          32.834979,
          36.976001,
          36.158507
        ]
      },
      {
        "date": "2024-03-15",
        "close": 30.417236,
        "volume": 682339,
        "typical_volume": 801712.15,
        "trend": 33.798455,
        "fair_value": 63.884463,
        "relative_strength": -16.233414,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.015186,
        "energy": 54.435995,
        "activity_lines": [
          30.046485,
          32.031691,
          36.173291,
          35.956623
        ]
      },
      {
        "date": "2024-03-22",
        "close": 28.1877,
        "volume": 925554,
        "typical_volume": 791582.55,
        "trend": 34.049888,
        "fair_value": 63.132516,
        "relative_strength": -24.373593,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.119241,
        "energy": 54.043125,
        "activity_lines": [
          29.367119,
          30.992938,
          35.148397,
          35.594639
        ]
      },
      {
        "date": "2024-03-29",
        "close": 27.55069,
        "volume": 417003,
        "typical_volume": 750985.15,
        "trend": 34.211271,
        "fair_value": 62.377428,
        "relative_strength": -25.289877,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.75828,
        "energy": 52.135493,
        "activity_lines": [
          28.750672,
          30.022884,
          34.096824,
          35.175336
        ]
      },
      {
        "date": "2024-04-05",
        "close": 26.117417,
        "volume": 554089,
        "typical_volume": 703608.0,
        "trend": 34.399092,
        "fair_value": 61.606564,
        "relative_strength": -28.357606,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.987213,
        "energy": 57.168347,
        "activity_lines": [
          27.75241,
          28.982576,
          32.958765,
          34.653152
        ]
      },
      {
        "date": "2024-04-12",
        "close": 25.002649,
        "volume": 452795,
        "typical_volume": 679023.45,
        "trend": 34.366695,
        "fair_value": 60.837024,
        "relative_strength": -30.787509,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.205993,
        "energy": 75.380739,
        "activity_lines": [
          26.595175,
          27.996308,
          31.816491,
          34.04693
        ]
      },
      {
        "date": "2024-04-19",
        "close": 26.117417,
        "volume": 353837,
        "typical_volume": 639778.85,
        "trend": 34.44567,
        "fair_value": 60.067101,
        "relative_strength": -23.382412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.869281,
        "energy": 73.418318,
        "activity_lines": [
          26.149267,
          27.41483,
          30.909455,
          33.514718
        ]
      },
      {
        "date": "2024-04-26",
        "close": 25.639659,
        "volume": 520974,
        "typical_volume": 625447.35,
        "trend": 34.50872,
        "fair_value": 59.295998,
        "relative_strength": -27.214741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.060286,
        "energy": 72.187252,
        "activity_lines": [
          25.830762,
          26.911043,
          30.062632,
          32.946589
        ]
      },
      {
        "date": "2024-05-03",
        "close": 25.639659,
        "volume": 351909,
        "typical_volume": 582323.35,
        "trend": 34.616298,
        "fair_value": 58.52019,
        "relative_strength": -27.672448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.829112,
        "energy": 69.033428,
        "activity_lines": [
          25.682126,
          26.528654,
          29.299738,
          32.374391
        ]
      },
      {
        "date": "2024-05-10",
        "close": 24.365639,
        "volume": 363729,
        "typical_volume": 552257.25,
        "trend": 34.711093,
        "fair_value": 57.744684,
        "relative_strength": -31.844465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.689374,
        "energy": 62.457767,
        "activity_lines": [
          25.236219,
          25.975537,
          28.506956,
          31.713058
        ]
      },
      {
        "date": "2024-05-17",
        "close": 24.840373,
        "volume": 491395,
        "typical_volume": 534689.7,
        "trend": 34.693077,
        "fair_value": 56.972222,
        "relative_strength": -31.645806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.291773,
        "energy": 56.587277,
        "activity_lines": [
          25.065342,
          25.598572,
          27.869665,
          31.076238
        ]
      },
      {
        "date": "2024-05-24",
        "close": 23.077508,
        "volume": 914351,
        "typical_volume": 539261.6,
        "trend": 34.517348,
        "fair_value": 56.188459,
        "relative_strength": -36.705505,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.972481,
        "energy": 60.498765,
        "activity_lines": [
          24.317662,
          24.996693,
          27.152134,
          30.326846
        ]
      },
      {
        "date": "2024-05-31",
        "close": 20.833861,
        "volume": 1036613,
        "typical_volume": 561130.9,
        "trend": 34.034297,
        "fair_value": 55.38655,
        "relative_strength": -41.116344,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.006336,
        "energy": 68.82426,
        "activity_lines": [
          23.02476,
          24.120328,
          26.300373,
          29.44404
        ]
      },
      {
        "date": "2024-06-07",
        "close": 19.231256,
        "volume": 620640,
        "typical_volume": 564208.0,
        "trend": 33.406875,
        "fair_value": 54.570603,
        "relative_strength": -46.303001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.291372,
        "energy": 82.942529,
        "activity_lines": [
          21.518042,
          23.086286,
          25.379327,
          28.489005
        ]
      },
      {
        "date": "2024-06-14",
        "close": 19.712038,
        "volume": 936368,
        "typical_volume": 592074.5,
        "trend": 32.47968,
        "fair_value": 53.75962,
        "relative_strength": -46.050759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.886242,
        "energy": 83.147331,
        "activity_lines": [
          20.598812,
          22.290921,
          24.593538,
          27.605467
        ]
      },
      {
        "date": "2024-06-21",
        "close": 19.231256,
        "volume": 833357,
        "typical_volume": 613587.1,
        "trend": 31.383821,
        "fair_value": 52.946496,
        "relative_strength": -46.615987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.608141,
        "energy": 85.733608,
        "activity_lines": [
          19.829562,
          21.524603,
          23.859699,
          26.75073
        ]
      },
      {
        "date": "2024-06-28",
        "close": 18.590215,
        "volume": 1846310,
        "typical_volume": 688241.85,
        "trend": 30.392914,
        "fair_value": 52.12644,
        "relative_strength": -47.807727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.085835,
        "energy": 78.031468,
        "activity_lines": [
          19.220572,
          20.746666,
          23.145223,
          25.925337
        ]
      },
      {
        "date": "2024-07-05",
        "close": 18.269694,
        "volume": 503193,
        "typical_volume": 671824.5,
        "trend": 29.559751,
        "fair_value": 51.304329,
        "relative_strength": -49.917809,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.234385,
        "energy": 66.907056,
        "activity_lines": [
          18.803895,
          20.047311,
          22.479164,
          25.143193
        ]
      },
      {
        "date": "2024-07-12",
        "close": 18.269694,
        "volume": 895221,
        "typical_volume": 680622.0,
        "trend": 28.673953,
        "fair_value": 50.562212,
        "relative_strength": -49.347632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.834279,
        "energy": 63.682169,
        "activity_lines": [
          18.558163,
          19.481956,
          21.879995,
          24.414803
        ]
      },
      {
        "date": "2024-07-19",
        "close": 17.949173,
        "volume": 699461,
        "typical_volume": 698772.15,
        "trend": 27.688115,
        "fair_value": 49.649112,
        "relative_strength": -47.731115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.585573,
        "energy": 61.594616,
        "activity_lines": [
          18.269694,
          18.992323,
          21.301348,
          23.722881
        ]
      },
      {
        "date": "2024-07-26",
        "close": 18.429954,
        "volume": 902071,
        "typical_volume": 715060.45,
        "trend": 26.860876,
        "fair_value": 48.443116,
        "relative_strength": -44.391887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.553761,
        "energy": 57.115837,
        "activity_lines": [
          18.25901,
          18.706768,
          20.822572,
          23.12558
        ]
      },
      {
        "date": "2024-08-02",
        "close": 16.186308,
        "volume": 717845,
        "typical_volume": 716835.75,
        "trend": 26.07502,
        "fair_value": 47.345081,
        "relative_strength": -49.097597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.250788,
        "energy": 61.068872,
        "activity_lines": [
          17.553864,
          18.12983,
          20.185682,
          22.436899
        ]
      },
      {
        "date": "2024-08-09",
        "close": 17.308131,
        "volume": 775848,
        "typical_volume": 709350.45,
        "trend": 25.374082,
        "fair_value": 46.512101,
        "relative_strength": -45.290476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.989434,
        "energy": 56.520802,
        "activity_lines": [
          17.382919,
          17.882155,
          19.723399,
          21.871293
        ]
      },
      {
        "date": "2024-08-16",
        "close": 13.653652,
        "volume": 2267765,
        "typical_volume": 801888.55,
        "trend": 24.561888,
        "fair_value": 45.832622,
        "relative_strength": -58.676913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.410423,
        "energy": 64.911849,
        "activity_lines": [
          16.057919,
          17.034133,
          18.964877,
          21.115136
        ]
      },
      {
        "date": "2024-08-23",
        "close": 13.467282,
        "volume": 601525,
        "typical_volume": 804260.35,
        "trend": 23.669556,
        "fair_value": 45.225356,
        "relative_strength": -59.336421,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.00652,
        "energy": 80.475505,
        "activity_lines": [
          14.978532,
          16.253637,
          18.254782,
          20.399355
        ]
      },
      {
        "date": "2024-08-30",
        "close": 12.819037,
        "volume": 735905,
        "typical_volume": 818415.85,
        "trend": 22.892908,
        "fair_value": 44.44077,
        "relative_strength": -60.621383,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.321931,
        "energy": 86.744122,
        "activity_lines": [
          13.981856,
          15.468819,
          17.543189,
          19.699322
        ]
      },
      {
        "date": "2024-09-06",
        "close": 12.186998,
        "volume": 420912,
        "typical_volume": 821769.6,
        "trend": 22.126875,
        "fair_value": 43.708599,
        "relative_strength": -59.944019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.495303,
        "energy": 90.826442,
        "activity_lines": [
          13.148561,
          14.68567,
          16.829418,
          19.008618
        ]
      },
      {
        "date": "2024-09-13",
        "close": 12.041143,
        "volume": 672077,
        "typical_volume": 829324.75,
        "trend": 21.451029,
        "fair_value": 42.98114,
        "relative_strength": -62.157176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.001827,
        "energy": 89.411922,
        "activity_lines": [
          12.533269,
          13.992425,
          16.168092,
          18.357925
        ]
      },
      {
        "date": "2024-09-20",
        "close": 11.379934,
        "volume": 1012910,
        "typical_volume": 862374.8,
        "trend": 20.864032,
        "fair_value": 42.286145,
        "relative_strength": -64.31951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.874706,
        "energy": 87.943278,
        "activity_lines": [
          12.048706,
          13.292206,
          15.508548,
          17.708177
        ]
      },
      {
        "date": "2024-09-27",
        "close": 11.136842,
        "volume": 1129626,
        "typical_volume": 900669.65,
        "trend": 20.258372,
        "fair_value": 41.612179,
        "relative_strength": -64.993312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.67506,
        "energy": 87.083793,
        "activity_lines": [
          11.634694,
          12.673057,
          14.893756,
          17.080617
        ]
      },
      {
        "date": "2024-10-04",
        "close": 9.992691,
        "volume": 1268461,
        "typical_volume": 939522.95,
        "trend": 19.58817,
        "fair_value": 41.021224,
        "relative_strength": -68.239894,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.053432,
        "energy": 78.300191,
        "activity_lines": [
          10.994661,
          11.969742,
          14.232991,
          16.418315
        ]
      },
      {
        "date": "2024-10-11",
        "close": 10.209852,
        "volume": 2733014,
        "typical_volume": 1030456.1,
        "trend": 18.914591,
        "fair_value": 40.420369,
        "relative_strength": -67.57388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.596264,
        "energy": 68.275823,
        "activity_lines": [
          10.615437,
          11.459314,
          13.663612,
          15.813262
        ]
      },
      {
        "date": "2024-10-18",
        "close": 9.64588,
        "volume": 694100,
        "typical_volume": 1013330.45,
        "trend": 18.29653,
        "fair_value": 39.823427,
        "relative_strength": -68.941931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.912046,
        "energy": 68.400844,
        "activity_lines": [
          10.180033,
          10.95501,
          13.101796,
          15.215281
        ]
      },
      {
        "date": "2024-10-25",
        "close": 9.362273,
        "volume": 15751237,
        "typical_volume": 1769860.3,
        "trend": 17.69025,
        "fair_value": 39.225608,
        "relative_strength": -69.30767,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.094049,
        "energy": 66.993334,
        "activity_lines": [
          9.809778,
          10.538454,
          12.566246,
          14.638877
        ]
      },
      {
        "date": "2024-11-01",
        "close": 9.611847,
        "volume": 1402748,
        "typical_volume": 1793179.3,
        "trend": 17.140064,
        "fair_value": 38.542807,
        "relative_strength": -67.190462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.959381,
        "energy": 64.269936,
        "activity_lines": [
          9.657224,
          10.2453,
          12.101459,
          14.11769
        ]
      },
      {
        "date": "2024-11-08",
        "close": 9.641018,
        "volume": 4059661,
        "typical_volume": 1954494.5,
        "trend": 16.628009,
        "fair_value": 37.888426,
        "relative_strength": -67.954589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.141539,
        "energy": 59.682708,
        "activity_lines": [
          9.616061,
          10.027549,
          11.687548,
          13.63388
        ]
      },
      {
        "date": "2024-11-15",
        "close": 8.091713,
        "volume": 4140529,
        "typical_volume": 2069205.45,
        "trend": 16.027153,
        "fair_value": 37.253288,
        "relative_strength": -71.131159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.03818,
        "energy": 68.078336,
        "activity_lines": [
          9.081907,
          9.585888,
          11.171751,
          13.083151
        ]
      },
      {
        "date": "2024-11-22",
        "close": 8.595723,
        "volume": 1529206,
        "typical_volume": 2120506.1,
        "trend": 15.459021,
        "fair_value": 36.626087,
        "relative_strength": -68.634298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.581231,
        "energy": 64.252249,
        "activity_lines": [
          8.856966,
          9.310325,
          10.753947,
          12.603704
        ]
      },
      {
        "date": "2024-11-29",
        "close": 8.590497,
        "volume": 1168373,
        "typical_volume": 2134163.7,
        "trend": 14.890716,
        "fair_value": 36.11649,
        "relative_strength": -67.657604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.332762,
        "energy": 62.638122,
        "activity_lines": [
          8.700293,
          9.096456,
          10.381713,
          12.160574
        ]
      },
      {
        "date": "2024-12-06",
        "close": 8.904381,
        "volume": 1598910,
        "typical_volume": 2179136.15,
        "trend": 14.375341,
        "fair_value": 35.585378,
        "relative_strength": -66.373195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.709465,
        "energy": 58.6853,
        "activity_lines": [
          8.6997,
          8.990373,
          10.085464,
          11.774359
        ]
      },
      {
        "date": "2024-12-13",
        "close": 8.374083,
        "volume": 1286780,
        "typical_volume": 2198371.6,
        "trend": 13.826464,
        "fair_value": 35.086629,
        "relative_strength": -67.426535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.110474,
        "energy": 55.172631,
        "activity_lines": [
          8.569506,
          8.828463,
          9.781781,
          11.387181
        ]
      },
      {
        "date": "2024-12-20",
        "close": 8.260094,
        "volume": 1275644,
        "typical_volume": 2226261.55,
        "trend": 13.332551,
        "fair_value": 34.45257,
        "relative_strength": -65.762107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.225579,
        "energy": 53.507868,
        "activity_lines": [
          8.485777,
          8.675257,
          9.515126,
          11.02806
        ]
      },
      {
        "date": "2024-12-27",
        "close": 8.111412,
        "volume": 1412704,
        "typical_volume": 2258104.35,
        "trend": 12.908469,
        "fair_value": 33.794972,
        "relative_strength": -65.386518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.291772,
        "energy": 50.879418,
        "activity_lines": [
          8.341263,
          8.530468,
          9.272056,
          10.691212
        ]
      },
      {
        "date": "2025-01-03",
        "close": 9.40329,
        "volume": 3285284,
        "typical_volume": 2308980.3,
        "trend": 12.58087,
        "fair_value": 33.216238,
        "relative_strength": -58.07946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.942546,
        "energy": 37.770502,
        "activity_lines": [
          8.659662,
          8.648466,
          9.195815,
          10.465072
        ]
      },
      {
        "date": "2025-01-10",
        "close": 8.408775,
        "volume": 1461625,
        "typical_volume": 2351985.3,
        "trend": 12.204095,
        "fair_value": 32.710182,
        "relative_strength": -60.302011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.118186,
        "energy": 35.6303,
        "activity_lines": [
          8.592369,
          8.584897,
          9.045098,
          10.195904
        ]
      },
      {
        "date": "2025-01-17",
        "close": 9.948457,
        "volume": 5815643,
        "typical_volume": 2605972.2,
        "trend": 11.894668,
        "fair_value": 32.213996,
        "relative_strength": -52.783242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.670016,
        "energy": 23.033192,
        "activity_lines": [
          9.071345,
          8.823144,
          9.065106,
          10.050379
        ]
      },
      {
        "date": "2025-01-24",
        "close": 10.263992,
        "volume": 2157673,
        "typical_volume": 2692810.25,
        "trend": 11.617127,
        "fair_value": 31.745242,
        "relative_strength": -50.206311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.27029,
        "energy": 17.416169,
        "activity_lines": [
          9.55054,
          9.113171,
          9.128835,
          9.945174
        ]
      },
      {
        "date": "2025-01-31",
        "close": 9.63413,
        "volume": 2111163,
        "typical_volume": 2764764.55,
        "trend": 11.329275,
        "fair_value": 31.327976,
        "relative_strength": -51.00131,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.464292,
        "energy": 13.840283,
        "activity_lines": [
          9.686189,
          9.249182,
          9.141733,
          9.817239
        ]
      },
      {
        "date": "2025-02-07",
        "close": 9.892729,
        "volume": 1060583,
        "typical_volume": 2767148.2,
        "trend": 11.050043,
        "fair_value": 30.900134,
        "relative_strength": -48.10234,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.758853,
        "energy": 14.857125,
        "activity_lines": [
          9.806522,
          9.41333,
          9.190722,
          9.724559
        ]
      },
      {
        "date": "2025-02-14",
        "close": 11.27424,
        "volume": 1378845,
        "typical_volume": 2779609.15,
        "trend": 10.827545,
        "fair_value": 30.480206,
        "relative_strength": -40.825811,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 8.409689,
        "energy": 18.655867,
        "activity_lines": [
          10.35473,
          9.804986,
          9.378366,
          9.739023
        ]
      },
      {
        "date": "2025-02-21",
        "close": 10.324885,
        "volume": 1101483,
        "typical_volume": 2771260.25,
        "trend": 10.557376,
        "fair_value": 30.040076,
        "relative_strength": -43.108576,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.699845,
        "energy": 17.818553,
        "activity_lines": [
          10.395455,
          9.980943,
          9.47494,
          9.706593
        ]
      },
      {
        "date": "2025-02-28",
        "close": 10.571336,
        "volume": 1133394,
        "typical_volume": 2691279.25,
        "trend": 10.370211,
        "fair_value": 29.638228,
        "relative_strength": -38.133469,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.960128,
        "energy": 27.034161,
        "activity_lines": [
          10.493235,
          10.166241,
          9.593404,
          9.707494
        ]
      },
      {
        "date": "2025-03-07",
        "close": 12.631453,
        "volume": 12156367,
        "typical_volume": 3264392.6,
        "trend": 10.214321,
        "fair_value": 29.318288,
        "relative_strength": -21.676182,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 45.057718,
        "energy": 47.740609,
        "activity_lines": [
          11.257232,
          10.684082,
          9.906348,
          9.853381
        ]
      },
      {
        "date": "2025-03-14",
        "close": 10.517533,
        "volume": 2869378,
        "typical_volume": 2620299.65,
        "trend": 10.109784,
        "fair_value": 28.968798,
        "relative_strength": -31.173656,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.480152,
        "energy": 23.700084,
        "activity_lines": [
          11.116766,
          10.735392,
          10.00375,
          9.872943
        ]
      },
      {
        "date": "2025-03-21",
        "close": 9.557459,
        "volume": 2490213,
        "typical_volume": 2674672.9,
        "trend": 9.979457,
        "fair_value": 28.528454,
        "relative_strength": -35.924957,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 16.679297,
        "energy": 14.655242,
        "activity_lines": [
          10.614623,
          10.591884,
          10.004215,
          9.837309
        ]
      },
      {
        "date": "2025-03-28",
        "close": 8.812745,
        "volume": 2346176,
        "typical_volume": 2588998.65,
        "trend": 9.845913,
        "fair_value": 28.143567,
        "relative_strength": -37.827284,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.142256,
        "energy": 5.132237,
        "activity_lines": [
          9.978693,
          10.292088,
          9.934013,
          9.762037
        ]
      },
      {
        "date": "2025-04-04",
        "close": 8.738451,
        "volume": 1691445,
        "typical_volume": 2466544.45,
        "trend": 9.730962,
        "fair_value": 27.807141,
        "relative_strength": -29.863327,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.719253,
        "energy": 17.53944,
        "activity_lines": [
          9.418809,
          9.999434,
          9.86068,
          9.690588
        ]
      },
      {
        "date": "2025-04-11",
        "close": 11.825211,
        "volume": 379929,
        "typical_volume": 2409080.6,
        "trend": 9.723764,
        "fair_value": 27.503678,
        "relative_strength": -9.871241,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.203368,
        "energy": 21.162142,
        "activity_lines": [
          10.010036,
          10.295746,
          10.078245,
          9.825701
        ]
      },
      {
        "date": "2025-04-18",
        "close": 11.772144,
        "volume": 222130,
        "typical_volume": 2361768.45,
        "trend": 9.736838,
        "fair_value": 27.215873,
        "relative_strength": -5.884126,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.547735,
        "energy": 22.197498,
        "activity_lines": [
          10.637324,
          10.542571,
          10.275377,
          9.957854
        ]
      },
      {
        "date": "2025-04-25",
        "close": 11.789833,
        "volume": 95624,
        "typical_volume": 2286604.15,
        "trend": 9.758604,
        "fair_value": 26.935711,
        "relative_strength": -9.256941,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 52.446375,
        "energy": 41.563046,
        "activity_lines": [
          11.186868,
          10.758442,
          10.459043,
          10.090306
        ]
      },
      {
        "date": "2025-05-02",
        "close": 11.63063,
        "volume": 118688,
        "typical_volume": 2228199.55,
        "trend": 9.813202,
        "fair_value": 26.662057,
        "relative_strength": -11.261943,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 52.73594,
        "energy": 49.687235,
        "activity_lines": [
          11.534519,
          10.935992,
          10.613806,
          10.211081
        ]
      },
      {
        "date": "2025-05-09",
        "close": 13.381858,
        "volume": 161821,
        "typical_volume": 2172508.4,
        "trend": 9.918936,
        "fair_value": 26.501268,
        "relative_strength": 4.377721,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.707126,
        "energy": 62.450348,
        "activity_lines": [
          12.278054,
          11.408206,
          10.919846,
          10.441317
        ]
      },
      {
        "date": "2025-05-16",
        "close": 14.596803,
        "volume": 198366,
        "typical_volume": 2111791.5,
        "trend": 10.083967,
        "fair_value": 26.329445,
        "relative_strength": 8.706505,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.493873,
        "energy": 70.880891,
        "activity_lines": [
          13.11701,
          12.050219,
          11.317206,
          10.743115
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.740414,
        "volume": 95240,
        "typical_volume": 1952289.3,
        "trend": 10.296571,
        "fair_value": 26.131073,
        "relative_strength": 21.848775,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.376012,
        "energy": 76.661215,
        "activity_lines": [
          14.152397,
          12.864427,
          11.792598,
          11.108047
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.137092,
        "volume": 81202,
        "typical_volume": 1883268.15,
        "trend": 10.480746,
        "fair_value": 25.95989,
        "relative_strength": 16.482134,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.557891,
        "energy": 74.939532,
        "activity_lines": [
          14.722125,
          13.47398,
          12.180354,
          11.420339
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.703929,
        "volume": 83967,
        "typical_volume": 1596684.35,
        "trend": 10.716176,
        "fair_value": 25.774283,
        "relative_strength": 26.91843,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.119393,
        "energy": 83.998581,
        "activity_lines": [
          15.590981,
          14.266963,
          12.685293,
          11.821835
        ]
      },
      {
        "date": "2025-06-13",
        "close": 15.803448,
        "volume": 65254,
        "typical_volume": 1492063.4,
        "trend": 10.973234,
        "fair_value": 25.52926,
        "relative_strength": 21.825974,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.983043,
        "energy": 78.6132,
        "activity_lines": [
          15.821458,
          14.752747,
          13.072303,
          12.150046
        ]
      },
      {
        "date": "2025-06-20",
        "close": 15.749419,
        "volume": 68786,
        "typical_volume": 1389944.55,
        "trend": 11.211691,
        "fair_value": 25.263186,
        "relative_strength": 22.434029,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.666825,
        "energy": 70.505709,
        "activity_lines": [
          15.872485,
          15.100253,
          13.427789,
          12.458187
        ]
      },
      {
        "date": "2025-06-27",
        "close": 17.064122,
        "volume": 86242,
        "typical_volume": 1341227.5,
        "trend": 11.494145,
        "fair_value": 25.048831,
        "relative_strength": 28.162147,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.280364,
        "energy": 69.972074,
        "activity_lines": [
          16.284905,
          15.615447,
          13.879364,
          12.835763
        ]
      },
      {
        "date": "2025-07-04",
        "close": 18.000623,
        "volume": 113019,
        "typical_volume": 1277936.2,
        "trend": 11.797353,
        "fair_value": 24.84989,
        "relative_strength": 33.713582,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.634705,
        "energy": 63.788295,
        "activity_lines": [
          16.921246,
          16.204696,
          14.385981,
          13.255536
        ]
      },
      {
        "date": "2025-07-11",
        "close": 16.055583,
        "volume": 54484,
        "typical_volume": 1225586.25,
        "trend": 12.053403,
        "fair_value": 24.642245,
        "relative_strength": 20.480887,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.694599,
        "energy": 54.792893,
        "activity_lines": [
          16.718337,
          16.327377,
          14.675325,
          13.53026
        ]
      },
      {
        "date": "2025-07-18",
        "close": 16.298713,
        "volume": 66179,
        "typical_volume": 1172225.5,
        "trend": 12.321357,
        "fair_value": 24.48792,
        "relative_strength": 21.636536,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.890706,
        "energy": 52.655447,
        "activity_lines": [
          16.639695,
          16.413811,
          14.960535,
          13.804151
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18.279772,
        "volume": 63757,
        "typical_volume": 567595.0,
        "trend": 12.660302,
        "fair_value": 24.336882,
        "relative_strength": 36.04004,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.649901,
        "energy": 57.868571,
        "activity_lines": [
          17.188389,
          16.807403,
          15.407145,
          14.188565
        ]
      },
      {
        "date": "2025-08-01",
        "close": 16.676915,
        "volume": 77835,
        "typical_volume": 428017.85,
        "trend": 12.902756,
        "fair_value": 24.161454,
        "relative_strength": 27.547161,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.420657,
        "energy": 43.38384,
        "activity_lines": [
          17.034106,
          16.842604,
          15.674204,
          14.447701
        ]
      },
      {
        "date": "2025-08-08",
        "close": 16.379756,
        "volume": 56157,
        "typical_volume": 306315.05,
        "trend": 13.168456,
        "fair_value": 23.906008,
        "relative_strength": 21.772795,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.536962,
        "energy": 36.264833,
        "activity_lines": [
          16.806584,
          16.806748,
          15.883632,
          14.672024
        ]
      },
      {
        "date": "2025-08-15",
        "close": 16.92905,
        "volume": 93705,
        "typical_volume": 193691.5,
        "trend": 13.401142,
        "fair_value": 23.711492,
        "relative_strength": 25.2051,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.52241,
        "energy": 38.635222,
        "activity_lines": [
          16.870218,
          16.84817,
          16.112887,
          14.914643
        ]
      },
      {
        "date": "2025-08-22",
        "close": 16.791041,
        "volume": 73430,
        "typical_volume": 112790.75,
        "trend": 13.618711,
        "fair_value": 23.533971,
        "relative_strength": 25.23277,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.886893,
        "energy": 29.083807,
        "activity_lines": [
          16.829618,
          16.860407,
          16.29035,
          15.133346
        ]
      },
      {
        "date": "2025-08-29",
        "close": 16.524225,
        "volume": 70906,
        "typical_volume": 97339.6,
        "trend": 13.84838,
        "fair_value": 23.382033,
        "relative_strength": 23.389274,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.133227,
        "energy": 26.713478,
        "activity_lines": [
          16.667258,
          16.806175,
          16.404055,
          15.320798
        ]
      },
      {
        "date": "2025-09-05",
        "close": 16.551826,
        "volume": 34538,
        "typical_volume": 87960.0,
        "trend": 14.07035,
        "fair_value": 23.239682,
        "relative_strength": 22.238831,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.97969,
        "energy": 25.569007,
        "activity_lines": [
          16.631134,
          16.742874,
          16.498013,
          15.495214
        ]
      },
      {
        "date": "2025-09-12",
        "close": 16.423018,
        "volume": 35814,
        "typical_volume": 84969.5,
        "trend": 14.241976,
        "fair_value": 23.116269,
        "relative_strength": 18.85094,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.437861,
        "energy": 21.352382,
        "activity_lines": [
          16.560413,
          16.665468,
          16.556943,
          15.646999
        ]
      },
      {
        "date": "2025-09-19",
        "close": 15.291348,
        "volume": 92353,
        "typical_volume": 83652.75,
        "trend": 14.407525,
        "fair_value": 22.996895,
        "relative_strength": 8.159826,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.61216,
        "energy": 10.493462,
        "activity_lines": [
          16.109585,
          16.410988,
          16.486032,
          15.714701
        ]
      },
      {
        "date": "2025-09-26",
        "close": 15.374153,
        "volume": 74534,
        "typical_volume": 79288.4,
        "trend": 14.567619,
        "fair_value": 22.880875,
        "relative_strength": 8.988338,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.926595,
        "energy": 10.842905,
        "activity_lines": [
          15.795539,
          16.185458,
          16.405575,
          15.777064
        ]
      },
      {
        "date": "2025-10-03",
        "close": 14.444896,
        "volume": 51730,
        "typical_volume": 71956.6,
        "trend": 14.628067,
        "fair_value": 22.7269,
        "relative_strength": 0.903485,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.814539,
        "energy": 20.553418,
        "activity_lines": [
          15.2662,
          15.807783,
          16.227131,
          15.769146
        ]
      },
      {
        "date": "2025-10-10",
        "close": 12.73359,
        "volume": 95671,
        "typical_volume": 71978.15,
        "trend": 14.701936,
        "fair_value": 22.577955,
        "relative_strength": -9.045169,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -45.386525,
        "energy": 58.739527,
        "activity_lines": [
          14.305047,
          15.188686,
          15.886428,
          15.646922
        ]
      },
      {
        "date": "2025-10-17",
        "close": 13.322426,
        "volume": 59572,
        "typical_volume": 70896.65,
        "trend": 14.827434,
        "fair_value": 22.418667,
        "relative_strength": -7.296665,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.427754,
        "energy": 61.819968,
        "activity_lines": [
          13.794722,
          14.748347,
          15.616124,
          15.557921
        ]
      },
      {
        "date": "2025-10-24",
        "close": 13.616844,
        "volume": 28529,
        "typical_volume": 68124.75,
        "trend": 14.987571,
        "fair_value": 22.266913,
        "relative_strength": -7.499173,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.234811,
        "energy": 66.777935,
        "activity_lines": [
          13.589243,
          14.417127,
          15.3825,
          15.479819
        ]
      },
      {
        "date": "2025-10-31",
        "close": 15.622569,
        "volume": 177234,
        "typical_volume": 73723.75,
        "trend": 15.217042,
        "fair_value": 22.185425,
        "relative_strength": 3.687811,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.621852,
        "energy": 51.366387,
        "activity_lines": [
          14.163972,
          14.510805,
          15.354598,
          15.520786
        ]
      },
      {
        "date": "2025-11-07",
        "close": 15.742176,
        "volume": 39054,
        "typical_volume": 72237.15,
        "trend": 15.347607,
        "fair_value": 22.058588,
        "relative_strength": 7.194364,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -9.083789,
        "energy": 14.498363,
        "activity_lines": [
          14.762009,
          14.647476,
          15.338949,
          15.554666
        ]
      },
      {
        "date": "2025-11-14",
        "close": 15.236145,
        "volume": 47708,
        "typical_volume": 70310.45,
        "trend": 15.463074,
        "fair_value": 21.931331,
        "relative_strength": 3.186551,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -4.472314,
        "energy": 14.397616,
        "activity_lines": [
          15.104883,
          14.706359,
          15.27514,
          15.547475
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15.547279,
        "volume": 35357,
        "typical_volume": 66427.35,
        "trend": 15.588322,
        "fair_value": 21.827714,
        "relative_strength": 7.854412,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.775895,
        "energy": 27.658642,
        "activity_lines": [
          15.384632,
          14.845734,
          15.249669,
          15.552907
        ]
      },
      {
        "date": "2025-11-28",
        "close": 15.330428,
        "volume": 39009,
        "typical_volume": 65653.6,
        "trend": 15.711649,
        "fair_value": 21.745294,
        "relative_strength": 0.719165,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.127279,
        "energy": 22.956824,
        "activity_lines": [
          15.443774,
          14.961604,
          15.215227,
          15.536269
        ]
      },
      {
        "date": "2025-12-05",
        "close": 15.104148,
        "volume": 50429,
        "typical_volume": 64866.1,
        "trend": 15.769058,
        "fair_value": 21.668952,
        "relative_strength": -2.301998,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.557699,
        "energy": 17.016656,
        "activity_lines": [
          15.31325,
          15.035622,
          15.162688,
          15.497075
        ]
      },
      {
        "date": "2025-12-12",
        "close": 15.104148,
        "volume": 31820,
        "typical_volume": 63269.25,
        "trend": 15.78597,
        "fair_value": 21.600138,
        "relative_strength": -1.086798,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.299274,
        "energy": 14.495503,
        "activity_lines": [
          15.217288,
          15.114549,
          15.115837,
          15.454178
        ]
      },
      {
        "date": "2025-12-19",
        "close": 14.359312,
        "volume": 38583,
        "typical_volume": 61306.65,
        "trend": 15.739933,
        "fair_value": 21.539726,
        "relative_strength": -7.008981,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.044799,
        "energy": 24.856161,
        "activity_lines": [
          14.915582,
          15.046065,
          15.013172,
          15.362136
        ]
      },
      {
        "date": "2025-12-26",
        "close": 13.388196,
        "volume": 113251,
        "typical_volume": 64161.35,
        "trend": 15.681637,
        "fair_value": 21.467442,
        "relative_strength": -14.741694,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -69.878091,
        "energy": 51.537056,
        "activity_lines": [
          14.348626,
          14.771455,
          14.829055,
          15.210411
        ]
      },
      {
        "date": "2026-01-02",
        "close": 14.189603,
        "volume": 63845,
        "typical_volume": 62668.35,
        "trend": 15.597826,
        "fair_value": 21.398413,
        "relative_strength": -8.395234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.913695,
        "energy": 52.684132,
        "activity_lines": [
          14.192745,
          14.64136,
          14.735509,
          15.11415
        ]
      },
      {
        "date": "2026-01-09",
        "close": 14.236744,
        "volume": 25084,
        "typical_volume": 60251.05,
        "trend": 15.545602,
        "fair_value": 21.300512,
        "relative_strength": -10.487975,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.404746,
        "energy": 58.323079,
        "activity_lines": [
          14.128633,
          14.509423,
          14.659497,
          15.026339
        ]
      },
      {
        "date": "2026-01-16",
        "close": 15.255001,
        "volume": 42440,
        "typical_volume": 58827.75,
        "trend": 15.529122,
        "fair_value": 21.192198,
        "relative_strength": -3.647256,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.682681,
        "energy": 34.284659,
        "activity_lines": [
          14.461766,
          14.58782,
          14.692625,
          15.00759
        ]
      },
      {
        "date": "2026-01-23",
        "close": 16.103549,
        "volume": 43603,
        "typical_volume": 59281.0,
        "trend": 15.497103,
        "fair_value": 21.066737,
        "relative_strength": 0.987379,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.156828,
        "energy": 6.120696,
        "activity_lines": [
          15.067692,
          14.829356,
          14.812612,
          15.04465
        ]
      },
      {
        "date": "2026-01-30",
        "close": 15.603849,
        "volume": 38067,
        "typical_volume": 59393.65,
        "trend": 15.41721,
        "fair_value": 20.921133,
        "relative_strength": -2.492438,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.591344,
        "energy": 16.498811,
        "activity_lines": [
          15.390769,
          14.964267,
          14.887142,
          15.051537
        ]
      },
      {
        "date": "2026-02-06",
        "close": 14.293314,
        "volume": 75797,
        "typical_volume": 58565.85,
        "trend": 15.358468,
        "fair_value": 20.810418,
        "relative_strength": -9.192343,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.149015,
        "energy": 19.919168,
        "activity_lines": [
          15.129291,
          14.85987,
          14.84076,
          14.979027
        ]
      },
      {
        "date": "2026-02-13",
        "close": 13.491908,
        "volume": 80261,
        "typical_volume": 58852.2,
        "trend": 15.264908,
        "fair_value": 20.703037,
        "relative_strength": -13.270851,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.108341,
        "energy": 22.425403,
        "activity_lines": [
          14.593763,
          14.628619,
          14.722807,
          14.858604
        ]
      },
      {
        "date": "2026-02-20",
        "close": 13.784185,
        "volume": 24219,
        "typical_volume": 57476.65,
        "trend": 15.115055,
        "fair_value": 20.602235,
        "relative_strength": -12.584534,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.226048,
        "energy": 44.787896,
        "activity_lines": [
          14.205316,
          14.479823,
          14.641653,
          14.763074
        ]
      },
      {
        "date": "2026-02-27",
        "close": 13.218487,
        "volume": 32131,
        "typical_volume": 54299.65,
        "trend": 14.999774,
        "fair_value": 20.494042,
        "relative_strength": -16.0158,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.984059,
        "energy": 57.657772,
        "activity_lines": [
          13.726358,
          14.252172,
          14.509769,
          14.640714
        ]
      },
      {
        "date": "2026-03-06",
        "close": 13.991608,
        "volume": 71996,
        "typical_volume": 54920.85,
        "trend": 14.920169,
        "fair_value": 20.401157,
        "relative_strength": -9.819908,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.319871,
        "energy": 54.013398,
        "activity_lines": [
          13.697445,
          14.185831,
          14.449206,
          14.575672
        ]
      },
      {
        "date": "2026-03-13",
        "close": 13.341055,
        "volume": 103996,
        "typical_volume": 58694.2,
        "trend": 14.800569,
        "fair_value": 20.331394,
        "relative_strength": -13.167572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.810468,
        "energy": 53.737861,
        "activity_lines": [
          13.559163,
          13.990237,
          14.323499,
          14.473793
        ]
      },
      {
        "date": "2026-03-20",
        "close": 15.046254,
        "volume": 216050,
        "typical_volume": 60635.0,
        "trend": 14.742409,
        "fair_value": 20.272562,
        "relative_strength": -0.541362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.731216,
        "energy": 21.297846,
        "activity_lines": [
          14.052765,
          14.120107,
          14.361506,
          14.489644
        ]
      },
      {
        "date": "2026-03-27",
        "close": 18.630087,
        "volume": 189939,
        "typical_volume": 68179.25,
        "trend": 14.812605,
        "fair_value": 20.217881,
        "relative_strength": 25.929565,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 44.414818,
        "energy": 31.317706,
        "activity_lines": [
          15.637355,
          14.886864,
          14.743574,
          14.740462
        ]
      },
      {
        "date": "2026-04-03",
        "close": 18.396359,
        "volume": 120554,
        "typical_volume": 71821.55,
        "trend": 14.874089,
        "fair_value": 20.185229,
        "relative_strength": 18.661828,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 73.099224,
        "energy": 64.113137,
        "activity_lines": [
          16.820975,
          15.54976,
          15.089631,
          14.971672
        ]
      },
      {
        "date": "2026-04-10",
        "close": 15.805871,
        "volume": 90962,
        "typical_volume": 74601.8,
        "trend": 14.853518,
        "fair_value": 20.135031,
        "relative_strength": -2.380452,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.418205,
        "energy": 54.851988,
        "activity_lines": [
          16.795908,
          15.699971,
          15.173926,
          15.031787
        ]
      },
      {
        "date": "2026-04-17",
        "close": 16.555749,
        "volume": 157739,
        "typical_volume": 80538.3,
        "trend": 14.895664,
        "fair_value": 20.091521,
        "relative_strength": -3.624444,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.639938,
        "energy": 62.899038,
        "activity_lines": [
          16.899849,
          15.982851,
          15.328406,
          15.141608
        ]
      },
      {
        "date": "2026-04-24",
        "close": 17.052422,
        "volume": 210888,
        "typical_volume": 88561.25,
        "trend": 14.951607,
        "fair_value": 20.027668,
        "relative_strength": -2.919118,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.340011,
        "energy": 53.770555,
        "activity_lines": [
          16.955035,
          16.314899,
          15.524354,
          15.280754
        ]
      },
      {
        "date": "2026-05-01",
        "close": 17.032944,
        "volume": 88046,
        "typical_volume": 91372.55,
        "trend": 15.037875,
        "fair_value": 19.98063,
        "relative_strength": -4.603288,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.797472,
        "energy": 33.576892,
        "activity_lines": [
          16.869984,
          16.578669,
          15.709169,
          15.415034
        ]
      },
      {
        "date": "2026-05-08",
        "close": 20.139582,
        "volume": 160843,
        "typical_volume": 97485.55,
        "trend": 15.284741,
        "fair_value": 19.938448,
        "relative_strength": 6.854061,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.044645,
        "energy": 53.042777,
        "activity_lines": [
          17.926955,
          17.348214,
          16.180669,
          15.744176
        ]
      },
      {
        "date": "2026-05-15",
        "close": 16.77,
        "volume": 252251,
        "typical_volume": 104435.55,
        "trend": 15.399661,
        "fair_value": 19.880314,
        "relative_strength": -10.446791,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.879934,
        "energy": 37.752557,
        "activity_lines": [
          17.744517,
          17.37927,
          16.303732,
          15.839999
        ]
      },
      {
        "date": "2026-05-22",
        "close": 17.99,
        "volume": 121712,
        "typical_volume": 107328.9,
        "trend": 15.545432,
        "fair_value": 19.788591,
        "relative_strength": -4.671558,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.686834,
        "energy": 37.907538,
        "activity_lines": [
          17.90447,
          17.581628,
          16.526882,
          16.007118
        ]
      },
      {
        "date": "2026-05-29",
        "close": 17.24,
        "volume": 58851,
        "typical_volume": 109017.25,
        "trend": 15.599347,
        "fair_value": 19.663731,
        "relative_strength": -10.829963,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.272114,
        "energy": 34.857804,
        "activity_lines": [
          17.718807,
          17.563096,
          16.660506,
          16.116445
        ]
      },
      {
        "date": "2026-06-05",
        "close": 16.505,
        "volume": 74511,
        "typical_volume": 110620.8,
        "trend": 15.624774,
        "fair_value": 19.541722,
        "relative_strength": -10.062197,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.764652,
        "energy": 18.727556,
        "activity_lines": [
          17.275639,
          17.371041,
          16.709829,
          16.174874
        ]
      },
      {
        "date": "2026-06-12",
        "close": 16.9,
        "volume": 82857,
        "typical_volume": 112583.5,
        "trend": 15.680236,
        "fair_value": 19.418464,
        "relative_strength": -9.54227,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.357329,
        "energy": 16.103905,
        "activity_lines": [
          16.999333,
          17.289442,
          16.790818,
          16.257147
        ]
      },
      {
        "date": "2026-06-19",
        "close": 16.745,
        "volume": 42775,
        "typical_volume": 112818.9,
        "trend": 15.72016,
        "fair_value": 19.285705,
        "relative_strength": -12.223122,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.738915,
        "energy": 16.74313,
        "activity_lines": [
          16.887333,
          17.206868,
          16.853253,
          16.325841
        ]
      },
      {
        "date": "2026-06-26",
        "close": 16.96,
        "volume": 136400,
        "typical_volume": 115849.05,
        "trend": 15.774479,
        "fair_value": 19.205369,
        "relative_strength": -6.402173,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.033003,
        "energy": 16.836433,
        "activity_lines": [
          16.848667,
          17.14631,
          16.93073,
          16.405831
        ]
      },
      {
        "date": "2026-07-03",
        "close": 18.86,
        "volume": 65492,
        "typical_volume": 115110.6,
        "trend": 15.899674,
        "fair_value": 19.140993,
        "relative_strength": 3.662938,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.350404,
        "energy": 30.007381,
        "activity_lines": [
          17.512,
          17.423857,
          17.176461,
          16.604897
        ]
      },
      {
        "date": "2026-07-10",
        "close": 20.16,
        "volume": 94444,
        "typical_volume": 118621.85,
        "trend": 16.068203,
        "fair_value": 19.101966,
        "relative_strength": 8.942418,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 71.218472,
        "energy": 59.266678,
        "activity_lines": [
          18.500667,
          17.904901,
          17.520439,
          16.879756
        ]
      },
      {
        "date": "2026-07-17",
        "close": 20.11,
        "volume": 57166,
        "typical_volume": 119873.6,
        "trend": 16.259892,
        "fair_value": 19.061673,
        "relative_strength": 13.408257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.47489,
        "energy": 68.455324,
        "activity_lines": [
          19.229,
          18.32,
          17.829294,
          17.140517
        ]
      },
      {
        "date": "2026-07-24",
        "close": 19.94,
        "volume": 35856,
        "typical_volume": 118066.6,
        "trend": 16.478286,
        "fair_value": 19.007056,
        "relative_strength": 14.554708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.254568,
        "energy": 71.031583,
        "activity_lines": [
          19.686667,
          18.704727,
          18.089142,
          17.377944
        ]
      },
      {
        "date": "2026-07-31",
        "close": 19.7,
        "volume": 25220,
        "typical_volume": 114127.8,
        "trend": 16.661966,
        "fair_value": 18.958463,
        "relative_strength": 12.692503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.764365,
        "energy": 68.102407,
        "activity_lines": [
          19.851333,
          18.988182,
          18.297807,
          17.585796
        ]
      },
      {
        "date": "2026-08-07",
        "close": 20.25,
        "volume": 112458,
        "typical_volume": 108948.2,
        "trend": 16.862407,
        "fair_value": 18.923321,
        "relative_strength": 10.275523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.818279,
        "energy": 62.817302,
        "activity_lines": [
          20.016667,
          19.340545,
          18.528573,
          17.817282
        ]
      }
    ],
    "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."
    }
  }
}