{
  "ticker": {
    "uuid": "a3f71bd3-9b28-4c5d-b806-9724f56c31da",
    "symbol": "00945B",
    "name": "KGI SECURITIES INVT TST CO LTD",
    "exchange": "TAI",
    "country": "TW",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^TWII",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 94.01,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 76.542,
    "architecture_energy": 90.629,
    "architecture_maturity": 15.892,
    "architecture_confidence": 63.958,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 4.45,
        "rotation_up": 85.26,
        "upward_expansion": 99.85,
        "deceleration": 39.05,
        "rotation_down": 8.42,
        "downward_expansion": 21.85
      },
      "activity_lines": [
        14.654012,
        14.577007,
        14.465797,
        14.408822
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 14.68,
    "trend_reference": 14.340832,
    "distance_from_trend": 0.023651,
    "trend_direction": "Improving",
    "fair_value": 13.649368,
    "distance_from_fair_value": 0.075508,
    "fair_value_direction": "Improving",
    "relative_strength": -23.738372,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.036434,
    "excess_performance": -0.342878,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.023651,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.014364,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.075508,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.02551,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.237384,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.072994,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.036434,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.789826,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 26345100,
      "relative_activity": 1.109345,
      "balance": 5.789826,
      "dry_up": 1.178558,
      "accumulation_observations": 6,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.006121,
      "annualized_volatility": 0.034017,
      "from_high_reference": -0.006093,
      "from_low_reference": 0.139473
    },
    "levels": {
      "trend_reference": 14.340832,
      "fair_value_reference": 13.649368,
      "structural_low": 14.093479,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.006714,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.04201,
        "regime_survival": 0.875,
        "best_return": 0.021324,
        "worst_return": -0.003462,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.020948,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.201471,
        "regime_survival": 0.5,
        "best_return": 0.042217,
        "worst_return": -0.00032,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.041883,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.447095,
        "regime_survival": 0.0,
        "best_return": 0.041883,
        "worst_return": 0.041883,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-07",
        "end": "2026-05-08",
        "tenure": "Established",
        "return": 0.039717,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-15",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": 0.005925,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.018663,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-04-26",
        "close": 12.957796,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 12.905535,
        "volume": 33118225,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 12.966002,
        "volume": 57440884,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 12.922811,
        "volume": 43156343,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 12.914172,
        "volume": 30187421,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 12.957363,
        "volume": 40029456,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 12.966002,
        "volume": 35998893,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13.052383,
        "volume": 22367820,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 13.035107,
        "volume": 22909020,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 13.12149,
        "volume": 25379019,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13.225151,
        "volume": 61668609,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 13.242427,
        "volume": 100360600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 13.374199,
        "volume": 70716657,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 13.400286,
        "volume": 37558247,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 13.443764,
        "volume": 74133990,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 13.252456,
        "volume": 95759936,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 13.288992,
        "volume": 65911745,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 13.227713,
        "volume": 58151080,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 13.262727,
        "volume": 39021983,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 13.288992,
        "volume": 62688057,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 13.324008,
        "volume": 62925799,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 13.361142,
        "volume": 66984269,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 13.290636,
        "volume": 78546198,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 13.361142,
        "volume": 34287357,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 13.431649,
        "volume": 40177747,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 13.449281,
        "volume": 51649436,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 13.371197,
        "volume": 58450011,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 13.300217,
        "volume": 39430245,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 13.495415,
        "volume": 69395425,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 13.67287,
        "volume": 81178843,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 13.710387,
        "volume": 22688472,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 13.763975,
        "volume": 34613897,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.755043,
        "volume": 58869893,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 13.79077,
        "volume": 67662035,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 13.72969,
        "volume": 72202660,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 13.864561,
        "volume": 40529708,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13.990436,
        "volume": 39352364,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 13.990436,
        "volume": 64158872,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 14.06231,
        "volume": 82512475,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 14.06231,
        "volume": 34642613,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 14.116606,
        "volume": 55182778,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 14.098506,
        "volume": 53987750,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 14.107556,
        "volume": 84140848,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 14.143985,
        "volume": 69472926,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 14.12577,
        "volume": 76352989,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 13.961836,
        "volume": 102550134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 14.091598,
        "volume": 59126487,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 14.091598,
        "volume": 52427938,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.073262,
        "volume": 37699561,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 13.422318,
        "volume": 161915396,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 13.587346,
        "volume": 43755700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 13.644582,
        "volume": 59195799,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 13.136833,
        "volume": 58524065,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 12.70294,
        "volume": 97436450,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 12.795259,
        "volume": 72273701,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 12.648314,
        "volume": 43330802,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 12.787819,
        "volume": 34454172,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 12.732018,
        "volume": 26312254,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 12.639013,
        "volume": 49614177,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 12.592376,
        "volume": 25424719,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 12.479942,
        "volume": 39131782,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 12.451836,
        "volume": 33942403,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 12.611114,
        "volume": 22852126,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-18",
        "close": 12.704084,
        "volume": 20554223,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-25",
        "close": 12.760633,
        "volume": 29830856,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-01",
        "close": 12.996242,
        "volume": 48013035,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-08",
        "close": 12.977392,
        "volume": 31672538,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-15",
        "close": 13.081061,
        "volume": 25835803,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-22",
        "close": 13.281084,
        "volume": 31572083,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-29",
        "close": 13.3664,
        "volume": 32270497,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-05",
        "close": 13.413797,
        "volume": 29936432,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-12",
        "close": 13.319004,
        "volume": 38045238,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-19",
        "close": 13.328373,
        "volume": 45634220,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-26",
        "close": 13.471381,
        "volume": 31364104,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-03",
        "close": 13.461847,
        "volume": 33297163,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-10",
        "close": 13.499981,
        "volume": 25385389,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-17",
        "close": 13.538119,
        "volume": 29117254,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-24",
        "close": 13.616751,
        "volume": 29092904,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-31",
        "close": 13.578393,
        "volume": 30775573,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-07",
        "close": 13.683875,
        "volume": 21518482,
        "typical_volume": 31492105.25,
        "trend": 13.09626,
        "fair_value": 13.358796,
        "relative_strength": -14.867939,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.891195,
        "energy": 87.084886,
        "activity_lines": [
          13.610628,
          13.545031,
          13.383761,
          13.223255
        ]
      },
      {
        "date": "2025-11-14",
        "close": 13.779768,
        "volume": 23651860,
        "typical_volume": 30718109.15,
        "trend": 13.102674,
        "fair_value": 13.363993,
        "relative_strength": -13.276015,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.170173,
        "energy": 89.571924,
        "activity_lines": [
          13.676076,
          13.597506,
          13.44078,
          13.267352
        ]
      },
      {
        "date": "2025-11-21",
        "close": 13.840644,
        "volume": 33892379,
        "typical_volume": 30715607.95,
        "trend": 13.10921,
        "fair_value": 13.369806,
        "relative_strength": -9.488137,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.221362,
        "energy": 89.209252,
        "activity_lines": [
          13.743164,
          13.654396,
          13.497408,
          13.314963
        ]
      },
      {
        "date": "2025-11-28",
        "close": 13.94674,
        "volume": 23983054,
        "typical_volume": 30772154.35,
        "trend": 13.136207,
        "fair_value": 13.376757,
        "relative_strength": -12.455167,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.609488,
        "energy": 91.79525,
        "activity_lines": [
          13.825448,
          13.721092,
          13.557526,
          13.368997
        ]
      },
      {
        "date": "2025-12-05",
        "close": 13.975674,
        "volume": 19678991,
        "typical_volume": 30728392.75,
        "trend": 13.178631,
        "fair_value": 13.383887,
        "relative_strength": -13.040222,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.648315,
        "energy": 91.139462,
        "activity_lines": [
          13.895378,
          13.781806,
          13.61404,
          13.423157
        ]
      },
      {
        "date": "2025-12-12",
        "close": 13.927449,
        "volume": 28507513,
        "typical_volume": 30662225.6,
        "trend": 13.216371,
        "fair_value": 13.390282,
        "relative_strength": -13.721174,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.536925,
        "energy": 83.42955,
        "activity_lines": [
          13.922748,
          13.824582,
          13.659906,
          13.471467
        ]
      },
      {
        "date": "2025-12-19",
        "close": 14.069054,
        "volume": 34097471,
        "typical_volume": 29966447.4,
        "trend": 13.263729,
        "fair_value": 13.398175,
        "relative_strength": -10.992912,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.738207,
        "energy": 85.487953,
        "activity_lines": [
          13.981081,
          13.884639,
          13.713701,
          13.526479
        ]
      },
      {
        "date": "2025-12-26",
        "close": 14.078755,
        "volume": 17860477,
        "typical_volume": 29275844.35,
        "trend": 13.30676,
        "fair_value": 13.405997,
        "relative_strength": -13.271262,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.341551,
        "energy": 81.327456,
        "activity_lines": [
          14.023362,
          13.936113,
          13.763312,
          13.579062
        ]
      },
      {
        "date": "2026-01-02",
        "close": 14.078755,
        "volume": 16869461,
        "typical_volume": 28827527.25,
        "trend": 13.351651,
        "fair_value": 13.413642,
        "relative_strength": -15.284535,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.129498,
        "energy": 70.148304,
        "activity_lines": [
          14.049769,
          13.977758,
          13.807679,
          13.628868
        ]
      },
      {
        "date": "2026-01-09",
        "close": 14.243703,
        "volume": 29114009,
        "typical_volume": 28704623.55,
        "trend": 13.405141,
        "fair_value": 13.422969,
        "relative_strength": -16.551429,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.1214,
        "energy": 75.314615,
        "activity_lines": [
          14.122357,
          14.040993,
          13.863004,
          13.686419
        ]
      },
      {
        "date": "2026-01-16",
        "close": 14.224298,
        "volume": 33245186,
        "typical_volume": 28753358.0,
        "trend": 13.459538,
        "fair_value": 13.431873,
        "relative_strength": -19.208467,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.951289,
        "energy": 74.061927,
        "activity_lines": [
          14.170609,
          14.088603,
          13.911897,
          13.739268
        ]
      },
      {
        "date": "2026-01-23",
        "close": 14.251806,
        "volume": 40385113,
        "typical_volume": 29275792.05,
        "trend": 13.5186,
        "fair_value": 13.440883,
        "relative_strength": -20.008872,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.190171,
        "energy": 71.489784,
        "activity_lines": [
          14.20824,
          14.131389,
          13.959324,
          13.790382
        ]
      },
      {
        "date": "2026-01-30",
        "close": 14.163953,
        "volume": 39127556,
        "typical_volume": 29329907.95,
        "trend": 13.575671,
        "fair_value": 13.448742,
        "relative_strength": -20.32666,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.890255,
        "energy": 67.364111,
        "activity_lines": [
          14.204403,
          14.149619,
          13.994394,
          13.832018
        ]
      },
      {
        "date": "2026-02-06",
        "close": 14.261567,
        "volume": 30791984,
        "typical_volume": 28587796.15,
        "trend": 13.630686,
        "fair_value": 13.457482,
        "relative_strength": -18.638254,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.083176,
        "energy": 68.587686,
        "activity_lines": [
          14.227424,
          14.179719,
          14.034737,
          13.876269
        ]
      },
      {
        "date": "2026-02-13",
        "close": 14.212761,
        "volume": 18021771,
        "typical_volume": 27920679.5,
        "trend": 13.680975,
        "fair_value": 13.465517,
        "relative_strength": -22.814056,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.333476,
        "energy": 64.157915,
        "activity_lines": [
          14.221989,
          14.19522,
          14.065988,
          13.913823
        ]
      },
      {
        "date": "2026-02-27",
        "close": 14.113121,
        "volume": 42120961,
        "typical_volume": 28361869.4,
        "trend": 13.726058,
        "fair_value": 13.472334,
        "relative_strength": -26.766036,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.345507,
        "energy": 56.776934,
        "activity_lines": [
          14.185404,
          14.188295,
          14.084219,
          13.941703
        ]
      },
      {
        "date": "2026-03-06",
        "close": 14.240797,
        "volume": 45147480,
        "typical_volume": 29349973.95,
        "trend": 13.767543,
        "fair_value": 13.480339,
        "relative_strength": -21.586162,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.356564,
        "energy": 57.363562,
        "activity_lines": [
          14.198789,
          14.201208,
          14.111508,
          13.974912
        ]
      },
      {
        "date": "2026-03-13",
        "close": 14.250618,
        "volume": 39148888,
        "typical_volume": 29851555.65,
        "trend": 13.809984,
        "fair_value": 13.48828,
        "relative_strength": -20.501094,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.603515,
        "energy": 55.334079,
        "activity_lines": [
          14.216182,
          14.212784,
          14.136205,
          14.006078
        ]
      },
      {
        "date": "2026-03-20",
        "close": 14.286939,
        "volume": 37949003,
        "typical_volume": 30294360.6,
        "trend": 13.85018,
        "fair_value": 13.496429,
        "relative_strength": -20.038932,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.906735,
        "energy": 57.439014,
        "activity_lines": [
          14.239904,
          14.227838,
          14.160969,
          14.036849
        ]
      },
      {
        "date": "2026-03-27",
        "close": 14.237536,
        "volume": 33378773,
        "typical_volume": 30424520.6,
        "trend": 13.882062,
        "fair_value": 13.503915,
        "relative_strength": -18.677056,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.334706,
        "energy": 55.294644,
        "activity_lines": [
          14.245467,
          14.230125,
          14.177836,
          14.06184
        ]
      },
      {
        "date": "2026-04-03",
        "close": 14.356101,
        "volume": 28321592,
        "typical_volume": 30764676.1,
        "trend": 13.915052,
        "fair_value": 13.512437,
        "relative_strength": -15.993579,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.718183,
        "energy": 59.871247,
        "activity_lines": [
          14.2889,
          14.254082,
          14.202856,
          14.092423
        ]
      },
      {
        "date": "2026-04-10",
        "close": 14.435143,
        "volume": 24963876,
        "typical_volume": 30830276.9,
        "trend": 13.949097,
        "fair_value": 13.521573,
        "relative_strength": -21.589396,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.014427,
        "energy": 65.081098,
        "activity_lines": [
          14.342482,
          14.290014,
          14.232202,
          14.125977
        ]
      },
      {
        "date": "2026-04-17",
        "close": 14.289607,
        "volume": 25893428,
        "typical_volume": 30430329.35,
        "trend": 13.98145,
        "fair_value": 13.529103,
        "relative_strength": -24.468386,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.450686,
        "energy": 54.783366,
        "activity_lines": [
          14.334595,
          14.296151,
          14.244568,
          14.147946
        ]
      },
      {
        "date": "2026-04-24",
        "close": 14.237242,
        "volume": 29965244,
        "typical_volume": 30729438.85,
        "trend": 14.011746,
        "fair_value": 13.535978,
        "relative_strength": -27.956076,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.598343,
        "energy": 47.613923,
        "activity_lines": [
          14.306654,
          14.290482,
          14.249808,
          14.164448
        ]
      },
      {
        "date": "2026-05-01",
        "close": 14.306402,
        "volume": 22134218,
        "typical_volume": 30852200.2,
        "trend": 14.03958,
        "fair_value": 13.543386,
        "relative_strength": -26.709404,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.041998,
        "energy": 41.041659,
        "activity_lines": [
          14.305079,
          14.29783,
          14.260252,
          14.183459
        ]
      },
      {
        "date": "2026-05-08",
        "close": 14.227361,
        "volume": 27635820,
        "typical_volume": 30808615.55,
        "trend": 14.065097,
        "fair_value": 13.5499,
        "relative_strength": -31.037781,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.310171,
        "energy": 22.817567,
        "activity_lines": [
          14.272566,
          14.289105,
          14.261593,
          14.195573
        ]
      },
      {
        "date": "2026-05-15",
        "close": 14.257003,
        "volume": 35467840,
        "typical_volume": 30877134.0,
        "trend": 14.090331,
        "fair_value": 13.556571,
        "relative_strength": -29.455445,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.698475,
        "energy": 18.632081,
        "activity_lines": [
          14.258517,
          14.283692,
          14.264329,
          14.207954
        ]
      },
      {
        "date": "2026-05-22",
        "close": 14.29372,
        "volume": 26788049,
        "typical_volume": 31323512.6,
        "trend": 14.115518,
        "fair_value": 13.56346,
        "relative_strength": -30.432209,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.408405,
        "energy": 20.186314,
        "activity_lines": [
          14.268583,
          14.28466,
          14.269666,
          14.221076
        ]
      },
      {
        "date": "2026-05-29",
        "close": 14.28378,
        "volume": 9522074,
        "typical_volume": 30956143.25,
        "trend": 14.137752,
        "fair_value": 13.570129,
        "relative_strength": -33.615851,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.036406,
        "energy": 17.945983,
        "activity_lines": [
          14.275061,
          14.283037,
          14.273034,
          14.231932
        ]
      },
      {
        "date": "2026-06-05",
        "close": 14.32354,
        "volume": 31609551,
        "typical_volume": 31080920.35,
        "trend": 14.16259,
        "fair_value": 13.577042,
        "relative_strength": -33.178955,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.104881,
        "energy": 30.647163,
        "activity_lines": [
          14.29169,
          14.288701,
          14.279212,
          14.243918
        ]
      },
      {
        "date": "2026-06-12",
        "close": 14.314697,
        "volume": 4632102,
        "typical_volume": 29650266.15,
        "trend": 14.183618,
        "fair_value": 13.583747,
        "relative_strength": -31.122172,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.679297,
        "energy": 32.6605,
        "activity_lines": [
          14.304229,
          14.291193,
          14.284167,
          14.253732
        ]
      },
      {
        "date": "2026-06-19",
        "close": 14.341473,
        "volume": 28134290,
        "typical_volume": 29037725.0,
        "trend": 14.202341,
        "fair_value": 13.590574,
        "relative_strength": -33.688054,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 58.768412,
        "energy": 37.394589,
        "activity_lines": [
          14.31987,
          14.299307,
          14.291242,
          14.263916
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.411043,
        "volume": 10379291,
        "typical_volume": 27600311.75,
        "trend": 14.221355,
        "fair_value": 13.597899,
        "relative_strength": -29.816983,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.419616,
        "energy": 58.633881,
        "activity_lines": [
          14.353071,
          14.321772,
          14.304516,
          14.27738
        ]
      },
      {
        "date": "2026-07-03",
        "close": 14.490552,
        "volume": 7551055,
        "typical_volume": 26438265.3,
        "trend": 14.239482,
        "fair_value": 13.605799,
        "relative_strength": -32.073041,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.134679,
        "energy": 78.347899,
        "activity_lines": [
          14.404952,
          14.356486,
          14.324185,
          14.294748
        ]
      },
      {
        "date": "2026-07-10",
        "close": 14.550184,
        "volume": 16634245,
        "typical_volume": 26368889.0,
        "trend": 14.258632,
        "fair_value": 13.614083,
        "relative_strength": -28.955593,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.943907,
        "energy": 86.795705,
        "activity_lines": [
          14.462927,
          14.397436,
          14.348444,
          14.314793
        ]
      },
      {
        "date": "2026-07-17",
        "close": 14.64,
        "volume": 36823908,
        "typical_volume": 26104036.35,
        "trend": 14.282384,
        "fair_value": 13.623004,
        "relative_strength": -23.332261,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.372533,
        "energy": 95.679632,
        "activity_lines": [
          14.53573,
          14.450284,
          14.379649,
          14.339398
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.62,
        "volume": 23597684,
        "typical_volume": 25026546.55,
        "trend": 14.300749,
        "fair_value": 13.631599,
        "relative_strength": -24.485719,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.922211,
        "energy": 92.104736,
        "activity_lines": [
          14.58018,
          14.491994,
          14.406441,
          14.361179
        ]
      },
      {
        "date": "2026-07-31",
        "close": 14.68,
        "volume": 25188453,
        "typical_volume": 24328524.8,
        "trend": 14.32079,
        "fair_value": 13.64056,
        "relative_strength": -22.543968,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.730362,
        "energy": 93.609119,
        "activity_lines": [
          14.626061,
          14.538012,
          14.437141,
          14.385647
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.68,
        "volume": 26345100,
        "typical_volume": 23748329.65,
        "trend": 14.340832,
        "fair_value": 13.649368,
        "relative_strength": -23.738372,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.541529,
        "energy": 90.628871,
        "activity_lines": [
          14.654012,
          14.577007,
          14.465797,
          14.408822
        ]
      }
    ],
    "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."
    }
  }
}