{
  "ticker": {
    "uuid": "a545e32d-1491-495a-9cfb-1ef51e7b81e0",
    "symbol": "300694",
    "name": "Wuxi Lihu Corporation Limited.",
    "exchange": "SHZ",
    "country": "CN",
    "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": "399001.SZ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -52.587,
    "architecture_energy": 36.248,
    "architecture_maturity": 27.611,
    "architecture_confidence": 96,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 28.16,
        "rotation_up": 21.6,
        "upward_expansion": 6.42,
        "deceleration": 46.92,
        "rotation_down": 50.51,
        "downward_expansion": 75.09
      },
      "activity_lines": [
        10.205333,
        10.328909,
        10.7324,
        11.125767
      ],
      "activity_state": "Moderate",
      "activity_direction": "Stable",
      "rotation_direction": "Stable",
      "price_acceptance": -0.333333
    },
    "latest_close": 10.63,
    "trend_reference": 11.623434,
    "distance_from_trend": -0.085468,
    "trend_direction": "Weakening",
    "fair_value": 11.71898,
    "distance_from_fair_value": -0.092924,
    "fair_value_direction": "Weakening",
    "relative_strength": -14.249907,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.158888,
    "excess_performance": -0.166288,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.085468,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.048987,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.092924,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.193111,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.142499,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.036842,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.158888,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.294081,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 24901854,
      "relative_activity": 0.930475,
      "balance": 0.294081,
      "dry_up": 1.220025,
      "accumulation_observations": 1,
      "distribution_observations": 6
    },
    "risk": {
      "range_context": 0.115495,
      "annualized_volatility": 0.551248,
      "from_high_reference": -0.243237,
      "from_low_reference": 0.186384
    },
    "levels": {
      "trend_reference": 11.623434,
      "fair_value_reference": 11.71898,
      "structural_low": 8.96,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 22,
        "median_return": 0.022719,
        "positive_rate": 0.681818,
        "directional_follow_through": 0.318182,
        "median_excess_return": 0.014875,
        "regime_survival": 0.636364,
        "best_return": 0.203518,
        "worst_return": -0.173109,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.006635,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.001764,
        "regime_survival": 0.3,
        "best_return": 1.524675,
        "worst_return": -0.131905,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.00092,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.019447,
        "regime_survival": 0.285714,
        "best_return": 1.007538,
        "worst_return": -0.151614,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.074004,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.019293,
        "regime_survival": 0.5,
        "best_return": 0.510039,
        "worst_return": -0.244895,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-04",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": 0.652401,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-22",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.238542,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": 0.179592,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-28",
        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.142442,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.130835,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-18",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.051834,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.149633,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-04",
        "end": "2025-09-26",
        "tenure": "Established",
        "return": -0.153791,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-03",
        "end": "2026-01-16",
        "tenure": "Established",
        "return": 0.030782,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.017188,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-13",
        "end": "2026-04-03",
        "tenure": "Developing",
        "return": -0.146858,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-10",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.037767,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-01",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": -0.182626,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.015282,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 10.573113,
        "volume": 16535300,
        "typical_volume": 14149536.45,
        "trend": 10.060551,
        "fair_value": 10.746601,
        "relative_strength": 7.672026,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 54.796867,
        "energy": 61.925557,
        "activity_lines": [
          10.532573,
          10.349708,
          10.083984,
          10.0896
        ]
      },
      {
        "date": "2023-08-04",
        "close": 10.327912,
        "volume": 13862046,
        "typical_volume": 14315188.75,
        "trend": 10.097056,
        "fair_value": 10.733923,
        "relative_strength": 3.740945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.758401,
        "energy": 38.563959,
        "activity_lines": [
          10.467186,
          10.376782,
          10.116317,
          10.106849
        ]
      },
      {
        "date": "2023-08-11",
        "close": 9.965013,
        "volume": 11253743,
        "typical_volume": 13295259.15,
        "trend": 10.116586,
        "fair_value": 10.719854,
        "relative_strength": 4.034738,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 4.228183,
        "energy": 8.122107,
        "activity_lines": [
          10.287372,
          10.328786,
          10.111568,
          10.09833
        ]
      },
      {
        "date": "2023-08-18",
        "close": 10.249447,
        "volume": 10145746,
        "typical_volume": 12825414.0,
        "trend": 10.142343,
        "fair_value": 10.703991,
        "relative_strength": 10.289982,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.837624,
        "energy": 6.451584,
        "activity_lines": [
          10.242908,
          10.327886,
          10.138415,
          10.106902
        ]
      },
      {
        "date": "2023-08-25",
        "close": 9.729618,
        "volume": 9242302,
        "typical_volume": 12533312.3,
        "trend": 10.133204,
        "fair_value": 10.68623,
        "relative_strength": 7.950398,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.559733,
        "energy": 17.062252,
        "activity_lines": [
          10.051324,
          10.221617,
          10.11649,
          10.080275
        ]
      },
      {
        "date": "2023-09-01",
        "close": 11.024285,
        "volume": 36390241,
        "typical_volume": 13614144.9,
        "trend": 10.151606,
        "fair_value": 10.669722,
        "relative_strength": 18.070147,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.442943,
        "energy": 12.186495,
        "activity_lines": [
          10.336412,
          10.354839,
          10.218754,
          10.137764
        ]
      },
      {
        "date": "2023-09-08",
        "close": 10.769275,
        "volume": 13971402,
        "typical_volume": 13681748.95,
        "trend": 10.151748,
        "fair_value": 10.654635,
        "relative_strength": 16.984786,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.225506,
        "energy": 32.956,
        "activity_lines": [
          10.506418,
          10.423496,
          10.289919,
          10.177613
        ]
      },
      {
        "date": "2023-09-15",
        "close": 10.661386,
        "volume": 12738901,
        "typical_volume": 13673485.0,
        "trend": 10.151221,
        "fair_value": 10.639168,
        "relative_strength": 16.904501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.969805,
        "energy": 41.748978,
        "activity_lines": [
          10.611038,
          10.466294,
          10.343307,
          10.210493
        ]
      },
      {
        "date": "2023-09-22",
        "close": 11.014477,
        "volume": 14470000,
        "typical_volume": 14167457.45,
        "trend": 10.162139,
        "fair_value": 10.617235,
        "relative_strength": 19.729259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.653234,
        "energy": 62.053958,
        "activity_lines": [
          10.786929,
          10.571687,
          10.424681,
          10.266187
        ]
      },
      {
        "date": "2023-09-29",
        "close": 11.083135,
        "volume": 15729300,
        "typical_volume": 14469997.45,
        "trend": 10.170791,
        "fair_value": 10.601977,
        "relative_strength": 20.630805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.052679,
        "energy": 64.198502,
        "activity_lines": [
          10.934705,
          10.682786,
          10.504992,
          10.325606
        ]
      },
      {
        "date": "2023-10-13",
        "close": 10.945822,
        "volume": 28263278,
        "typical_volume": 15375168.4,
        "trend": 10.184625,
        "fair_value": 10.57106,
        "relative_strength": 18.972467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.467672,
        "energy": 56.101361,
        "activity_lines": [
          10.946475,
          10.756614,
          10.564531,
          10.375608
        ]
      },
      {
        "date": "2023-10-20",
        "close": 10.769275,
        "volume": 21668196,
        "typical_volume": 15947723.2,
        "trend": 10.216974,
        "fair_value": 10.54637,
        "relative_strength": 22.358356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.735084,
        "energy": 44.538924,
        "activity_lines": [
          10.904627,
          10.791567,
          10.601793,
          10.413328
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.240064,
        "volume": 19787142,
        "typical_volume": 16552572.35,
        "trend": 10.227929,
        "fair_value": 10.524136,
        "relative_strength": 24.266368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.652101,
        "energy": 40.74687,
        "activity_lines": [
          11.019709,
          10.904092,
          10.67941,
          10.479333
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.593155,
        "volume": 75804671,
        "typical_volume": 19693394.35,
        "trend": 10.26757,
        "fair_value": 10.497556,
        "relative_strength": 26.256969,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.87062,
        "energy": 43.864715,
        "activity_lines": [
          11.213909,
          11.057633,
          10.783374,
          10.567412
        ]
      },
      {
        "date": "2023-11-10",
        "close": 12.544539,
        "volume": 122005285,
        "typical_volume": 24901789.45,
        "trend": 10.355191,
        "fair_value": 10.470839,
        "relative_strength": 33.913588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.620667,
        "energy": 64.593162,
        "activity_lines": [
          11.686659,
          11.359722,
          10.968704,
          10.714314
        ]
      },
      {
        "date": "2023-11-17",
        "close": 12.730892,
        "volume": 84843689,
        "typical_volume": 28721189.4,
        "trend": 10.459759,
        "fair_value": 10.447623,
        "relative_strength": 34.81684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.247208,
        "energy": 77.688844,
        "activity_lines": [
          12.124099,
          11.644513,
          11.15945,
          10.867585
        ]
      },
      {
        "date": "2023-11-24",
        "close": 12.338569,
        "volume": 49222011,
        "typical_volume": 30090756.3,
        "trend": 10.564588,
        "fair_value": 10.438729,
        "relative_strength": 31.539228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.619681,
        "energy": 75.070803,
        "activity_lines": [
          12.31176,
          11.826944,
          11.29994,
          10.988798
        ]
      },
      {
        "date": "2023-12-01",
        "close": 12.387609,
        "volume": 36836806,
        "typical_volume": 31091983.0,
        "trend": 10.661617,
        "fair_value": 10.427593,
        "relative_strength": 32.729426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.836515,
        "energy": 73.362235,
        "activity_lines": [
          12.411149,
          11.989758,
          11.435992,
          11.106413
        ]
      },
      {
        "date": "2023-12-08",
        "close": 11.681427,
        "volume": 30899235,
        "typical_volume": 31786919.75,
        "trend": 10.737059,
        "fair_value": 10.415423,
        "relative_strength": 26.594791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.795039,
        "energy": 51.332888,
        "activity_lines": [
          12.19864,
          11.992789,
          11.496148,
          11.172207
        ]
      },
      {
        "date": "2023-12-15",
        "close": 11.907014,
        "volume": 17587595,
        "typical_volume": 32062844.45,
        "trend": 10.818393,
        "fair_value": 10.404386,
        "relative_strength": 30.560431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.113128,
        "energy": 37.388033,
        "activity_lines": [
          12.055442,
          12.02471,
          11.572838,
          11.247688
        ]
      },
      {
        "date": "2023-12-22",
        "close": 12.063942,
        "volume": 22072606,
        "typical_volume": 32339709.75,
        "trend": 10.893898,
        "fair_value": 10.400092,
        "relative_strength": 33.6248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.679533,
        "energy": 27.573432,
        "activity_lines": [
          12.007056,
          12.070184,
          11.657327,
          11.328046
        ]
      },
      {
        "date": "2023-12-29",
        "close": 12.367993,
        "volume": 37287503,
        "typical_volume": 33510982.6,
        "trend": 10.978561,
        "fair_value": 10.400367,
        "relative_strength": 31.746344,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.53843,
        "energy": 27.619215,
        "activity_lines": [
          12.104483,
          12.15061,
          11.763675,
          11.423149
        ]
      },
      {
        "date": "2024-01-05",
        "close": 11.946246,
        "volume": 19652245,
        "typical_volume": 33930907.7,
        "trend": 11.053071,
        "fair_value": 10.403612,
        "relative_strength": 31.87217,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.493101,
        "energy": 24.7348,
        "activity_lines": [
          12.059366,
          12.125288,
          11.820142,
          11.48558
        ]
      },
      {
        "date": "2024-01-12",
        "close": 11.92663,
        "volume": 21475450,
        "typical_volume": 34497392.9,
        "trend": 11.128878,
        "fair_value": 10.404924,
        "relative_strength": 32.167203,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.190601,
        "energy": 23.207577,
        "activity_lines": [
          12.037134,
          12.083559,
          11.865306,
          11.541939
        ]
      },
      {
        "date": "2024-01-19",
        "close": 11.034094,
        "volume": 20684000,
        "typical_volume": 35069477.8,
        "trend": 11.164849,
        "fair_value": 10.403881,
        "relative_strength": 24.162936,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.830355,
        "energy": 9.946666,
        "activity_lines": [
          11.701044,
          11.873488,
          11.81748,
          11.535824
        ]
      },
      {
        "date": "2024-01-26",
        "close": 10.661386,
        "volume": 23946550,
        "typical_volume": 34447293.25,
        "trend": 11.186119,
        "fair_value": 10.400449,
        "relative_strength": 19.399025,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.624376,
        "energy": 14.596427,
        "activity_lines": [
          11.298912,
          11.623114,
          11.727946,
          11.503342
        ]
      },
      {
        "date": "2024-02-02",
        "close": 8.493799,
        "volume": 17401224,
        "typical_volume": 34618784.35,
        "trend": 11.121713,
        "fair_value": 10.391104,
        "relative_strength": 3.040363,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -47.248904,
        "energy": 57.504793,
        "activity_lines": [
          10.267755,
          11.016261,
          11.433703,
          11.329644
        ]
      },
      {
        "date": "2024-02-09",
        "close": 8.160325,
        "volume": 33306672,
        "typical_volume": 35647172.9,
        "trend": 11.041286,
        "fair_value": 10.382802,
        "relative_strength": -9.684601,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -59.764591,
        "energy": 77.806803,
        "activity_lines": [
          9.38372,
          10.418681,
          11.118537,
          11.138587
        ]
      },
      {
        "date": "2024-02-23",
        "close": 9.199983,
        "volume": 27860369,
        "typical_volume": 36316691.35,
        "trend": 10.993227,
        "fair_value": 10.379668,
        "relative_strength": -1.185958,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.461226,
        "energy": 72.289396,
        "activity_lines": [
          9.098632,
          10.08699,
          10.914295,
          11.019793
        ]
      },
      {
        "date": "2024-03-01",
        "close": 9.425569,
        "volume": 30826522,
        "typical_volume": 37071552.45,
        "trend": 10.960533,
        "fair_value": 10.383155,
        "relative_strength": -2.842659,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.971337,
        "energy": 79.359519,
        "activity_lines": [
          9.070516,
          9.841431,
          10.740178,
          10.918654
        ]
      },
      {
        "date": "2024-03-08",
        "close": 9.249023,
        "volume": 18227000,
        "typical_volume": 36569738.55,
        "trend": 10.916397,
        "fair_value": 10.389502,
        "relative_strength": -4.138332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.206691,
        "energy": 70.075446,
        "activity_lines": [
          9.090786,
          9.60889,
          10.557141,
          10.808234
        ]
      },
      {
        "date": "2024-03-15",
        "close": 9.994436,
        "volume": 22291900,
        "typical_volume": 36600923.75,
        "trend": 10.905281,
        "fair_value": 10.400315,
        "relative_strength": 0.723504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.181829,
        "energy": 41.514957,
        "activity_lines": [
          9.453685,
          9.56306,
          10.453175,
          10.748752
        ]
      },
      {
        "date": "2024-03-22",
        "close": 10.327912,
        "volume": 17326346,
        "typical_volume": 36477883.95,
        "trend": 10.917378,
        "fair_value": 10.409587,
        "relative_strength": 4.288089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.598224,
        "energy": 26.730067,
        "activity_lines": [
          9.8277,
          9.621016,
          10.384659,
          10.711503
        ]
      },
      {
        "date": "2024-03-29",
        "close": 10.08271,
        "volume": 13834200,
        "typical_volume": 33379360.4,
        "trend": 10.91182,
        "fair_value": 10.415852,
        "relative_strength": 3.205451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.073761,
        "energy": 20.841302,
        "activity_lines": [
          9.975475,
          9.663815,
          10.297133,
          10.657653
        ]
      },
      {
        "date": "2024-04-05",
        "close": 10.170982,
        "volume": 8617900,
        "typical_volume": 27709991.15,
        "trend": 10.926532,
        "fair_value": 10.420688,
        "relative_strength": 2.297392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.478041,
        "energy": 23.018758,
        "activity_lines": [
          10.093825,
          9.75619,
          10.225207,
          10.609857
        ]
      },
      {
        "date": "2024-04-12",
        "close": 9.533457,
        "volume": 11987540,
        "typical_volume": 24067183.7,
        "trend": 10.876838,
        "fair_value": 10.424556,
        "relative_strength": -1.092036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.106323,
        "energy": 21.263109,
        "activity_lines": [
          9.949974,
          9.748343,
          10.103867,
          10.519981
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8.699769,
        "volume": 19514600,
        "typical_volume": 22581813.15,
        "trend": 10.807854,
        "fair_value": 10.421707,
        "relative_strength": -10.419436,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.929242,
        "energy": 37.113993,
        "activity_lines": [
          9.509263,
          9.609425,
          9.918354,
          10.379525
        ]
      },
      {
        "date": "2024-04-26",
        "close": 9.484417,
        "volume": 18732500,
        "typical_volume": 21676597.85,
        "trend": 10.768622,
        "fair_value": 10.42607,
        "relative_strength": -4.575014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.789928,
        "energy": 33.74672,
        "activity_lines": [
          9.416414,
          9.609425,
          9.824897,
          10.294142
        ]
      },
      {
        "date": "2024-05-03",
        "close": 10.210215,
        "volume": 11368446,
        "typical_volume": 20700058.4,
        "trend": 10.741813,
        "fair_value": 10.436334,
        "relative_strength": 0.92287,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.315206,
        "energy": 30.315546,
        "activity_lines": [
          9.62173,
          9.717314,
          9.814389,
          10.258116
        ]
      },
      {
        "date": "2024-05-10",
        "close": 10.249447,
        "volume": 13931546,
        "typical_volume": 20517255.95,
        "trend": 10.714023,
        "fair_value": 10.43631,
        "relative_strength": -0.583744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.792447,
        "energy": 20.604461,
        "activity_lines": [
          9.831623,
          9.813968,
          9.814622,
          10.226351
        ]
      },
      {
        "date": "2024-05-17",
        "close": 10.239638,
        "volume": 11117164,
        "typical_volume": 19969483.85,
        "trend": 10.690484,
        "fair_value": 10.439154,
        "relative_strength": -0.837747,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.504491,
        "energy": 13.874364,
        "activity_lines": [
          10.033015,
          9.893859,
          9.821815,
          10.195745
        ]
      },
      {
        "date": "2024-05-24",
        "close": 9.680578,
        "volume": 11858100,
        "typical_volume": 18698013.7,
        "trend": 10.654194,
        "fair_value": 10.441346,
        "relative_strength": -3.709131,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.985827,
        "energy": 15.942996,
        "activity_lines": [
          10.000975,
          9.854092,
          9.78445,
          10.13059
        ]
      },
      {
        "date": "2024-05-31",
        "close": 10.054873,
        "volume": 10427600,
        "typical_volume": 18236781.45,
        "trend": 10.614688,
        "fair_value": 10.449303,
        "relative_strength": 0.31277,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.465165,
        "energy": 12.363038,
        "activity_lines": [
          10.028313,
          9.888085,
          9.795531,
          10.091924
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8.655078,
        "volume": 30263280,
        "typical_volume": 18676172.95,
        "trend": 10.516752,
        "fair_value": 10.448101,
        "relative_strength": -12.691971,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.477962,
        "energy": 36.273335,
        "activity_lines": [
          9.551023,
          9.672534,
          9.682304,
          9.965498
        ]
      },
      {
        "date": "2024-06-14",
        "close": 8.743796,
        "volume": 12928100,
        "typical_volume": 18288377.95,
        "trend": 10.39006,
        "fair_value": 10.445971,
        "relative_strength": -11.862568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.601488,
        "energy": 57.048187,
        "activity_lines": [
          9.20698,
          9.49907,
          9.593105,
          9.851113
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8.753655,
        "volume": 14868090,
        "typical_volume": 17834454.95,
        "trend": 10.257486,
        "fair_value": 10.444029,
        "relative_strength": -10.054171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.093209,
        "energy": 63.582358,
        "activity_lines": [
          8.966601,
          9.353348,
          9.515751,
          9.745539
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8.388919,
        "volume": 20080740,
        "typical_volume": 17968430.75,
        "trend": 10.125831,
        "fair_value": 10.439188,
        "relative_strength": -11.803191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.573166,
        "energy": 73.35484,
        "activity_lines": [
          8.703709,
          9.155488,
          9.412745,
          9.624986
        ]
      },
      {
        "date": "2024-07-05",
        "close": 8.221338,
        "volume": 13969690,
        "typical_volume": 17001581.65,
        "trend": 9.986955,
        "fair_value": 10.429468,
        "relative_strength": -12.104183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.949226,
        "energy": 72.704661,
        "activity_lines": [
          8.471067,
          8.932811,
          9.294278,
          9.502116
        ]
      },
      {
        "date": "2024-07-12",
        "close": 8.51707,
        "volume": 11736600,
        "typical_volume": 16195393.2,
        "trend": 9.881476,
        "fair_value": 10.423129,
        "relative_strength": -10.599044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.981034,
        "energy": 62.054438,
        "activity_lines": [
          8.459238,
          8.786869,
          9.203686,
          9.407284
        ]
      },
      {
        "date": "2024-07-19",
        "close": 7.905891,
        "volume": 16980200,
        "typical_volume": 15503077.1,
        "trend": 9.748106,
        "fair_value": 10.408868,
        "relative_strength": -17.349836,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.47331,
        "energy": 71.107082,
        "activity_lines": [
          8.252883,
          8.560587,
          9.058138,
          9.279827
        ]
      },
      {
        "date": "2024-07-26",
        "close": 8.014326,
        "volume": 12249120,
        "typical_volume": 15204183.1,
        "trend": 9.613119,
        "fair_value": 10.392737,
        "relative_strength": -13.189672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.573116,
        "energy": 68.563436,
        "activity_lines": [
          8.138533,
          8.396632,
          8.930154,
          9.16797
        ]
      },
      {
        "date": "2024-08-02",
        "close": 8.290341,
        "volume": 12710300,
        "typical_volume": 14725103.1,
        "trend": 9.477197,
        "fair_value": 10.374496,
        "relative_strength": -9.752595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.718725,
        "energy": 55.890868,
        "activity_lines": [
          8.165477,
          8.32332,
          8.834336,
          9.08263
        ]
      },
      {
        "date": "2024-08-09",
        "close": 8.181908,
        "volume": 8976200,
        "typical_volume": 14307595.8,
        "trend": 9.351719,
        "fair_value": 10.351493,
        "relative_strength": -9.272967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.79951,
        "energy": 52.78955,
        "activity_lines": [
          8.162849,
          8.255571,
          8.736306,
          8.999063
        ]
      },
      {
        "date": "2024-08-16",
        "close": 8.310058,
        "volume": 9385750,
        "typical_volume": 14085173.3,
        "trend": 9.231166,
        "fair_value": 10.329563,
        "relative_strength": -7.494445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.789046,
        "energy": 41.332142,
        "activity_lines": [
          8.205566,
          8.245176,
          8.6607,
          8.931859
        ]
      },
      {
        "date": "2024-08-23",
        "close": 7.836887,
        "volume": 9122900,
        "typical_volume": 14110423.3,
        "trend": 9.124593,
        "fair_value": 10.302972,
        "relative_strength": -11.028024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.534505,
        "energy": 44.460583,
        "activity_lines": [
          8.10436,
          8.155023,
          8.548472,
          8.841906
        ]
      },
      {
        "date": "2024-08-30",
        "close": 7.905891,
        "volume": 14437202,
        "typical_volume": 14232906.4,
        "trend": 9.032743,
        "fair_value": 10.281704,
        "relative_strength": -11.98341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.503061,
        "energy": 43.251034,
        "activity_lines": [
          8.030756,
          8.093905,
          8.453929,
          8.76328
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7.846745,
        "volume": 10338255,
        "typical_volume": 13774089.15,
        "trend": 9.011175,
        "fair_value": 10.254051,
        "relative_strength": -10.310207,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.265468,
        "energy": 54.363125,
        "activity_lines": [
          7.944665,
          8.037447,
          8.361505,
          8.686764
        ]
      },
      {
        "date": "2024-09-13",
        "close": 7.590444,
        "volume": 8639200,
        "typical_volume": 13269424.15,
        "trend": 8.992179,
        "fair_value": 10.220688,
        "relative_strength": -11.477223,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.051096,
        "energy": 68.293724,
        "activity_lines": [
          7.802714,
          7.944247,
          8.248732,
          8.595104
        ]
      },
      {
        "date": "2024-09-20",
        "close": 7.452436,
        "volume": 5602145,
        "typical_volume": 12981109.1,
        "trend": 8.933927,
        "fair_value": 10.190319,
        "relative_strength": -13.880515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.811403,
        "energy": 72.839218,
        "activity_lines": [
          7.654191,
          7.837425,
          8.131835,
          8.495765
        ]
      },
      {
        "date": "2024-09-27",
        "close": 8.42835,
        "volume": 14040500,
        "typical_volume": 12986556.8,
        "trend": 8.900686,
        "fair_value": 10.169522,
        "relative_strength": -17.094706,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.224878,
        "energy": 41.140348,
        "activity_lines": [
          7.888147,
          7.927399,
          8.121015,
          8.463147
        ]
      },
      {
        "date": "2024-10-04",
        "close": 9.443695,
        "volume": 10122141,
        "typical_volume": 12936805.65,
        "trend": 8.907175,
        "fair_value": 10.160426,
        "relative_strength": -15.77984,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": -5.154525,
        "energy": 9.957561,
        "activity_lines": [
          8.421121,
          8.192482,
          8.215566,
          8.49818
        ]
      },
      {
        "date": "2024-10-11",
        "close": 8.733938,
        "volume": 34988988,
        "typical_volume": 14093350.05,
        "trend": 8.865159,
        "fair_value": 10.148846,
        "relative_strength": -18.141071,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -7.932388,
        "energy": 17.888042,
        "activity_lines": [
          8.614989,
          8.30253,
          8.246311,
          8.487004
        ]
      },
      {
        "date": "2024-10-18",
        "close": 9.000098,
        "volume": 20656808,
        "typical_volume": 14604810.45,
        "trend": 8.820898,
        "fair_value": 10.142036,
        "relative_strength": -17.739248,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.16328,
        "energy": 31.496715,
        "activity_lines": [
          8.838431,
          8.452905,
          8.306912,
          8.495709
        ]
      },
      {
        "date": "2024-10-25",
        "close": 9.907008,
        "volume": 61446652,
        "typical_volume": 16163979.05,
        "trend": 8.815042,
        "fair_value": 10.140228,
        "relative_strength": -11.375063,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 39.812911,
        "energy": 42.244684,
        "activity_lines": [
          9.270199,
          8.753296,
          8.458909,
          8.565781
        ]
      },
      {
        "date": "2024-11-01",
        "close": 9.453552,
        "volume": 42026858,
        "typical_volume": 17618916.95,
        "trend": 8.791127,
        "fair_value": 10.138953,
        "relative_strength": -13.7141,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.728996,
        "energy": 50.692339,
        "activity_lines": [
          9.387177,
          8.942206,
          8.561758,
          8.606975
        ]
      },
      {
        "date": "2024-11-08",
        "close": 11.819406,
        "volume": 87273244,
        "typical_volume": 21239174.65,
        "trend": 8.867326,
        "fair_value": 10.150404,
        "relative_strength": 1.27286,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 63.917437,
        "energy": 73.379466,
        "activity_lines": [
          10.224426,
          9.531877,
          8.886546,
          8.802348
        ]
      },
      {
        "date": "2024-11-15",
        "close": 15.604769,
        "volume": 180100566,
        "typical_volume": 29240165.95,
        "trend": 9.097492,
        "fair_value": 10.185432,
        "relative_strength": 38.346044,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 97.927895,
        "energy": 97.292772,
        "activity_lines": [
          12.165083,
          10.738641,
          9.557247,
          9.237022
        ]
      },
      {
        "date": "2024-11-22",
        "close": 18.926823,
        "volume": 300664752,
        "typical_volume": 43574919.05,
        "trend": 9.412239,
        "fair_value": 10.23894,
        "relative_strength": 71.100017,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 97.616839,
        "energy": 98.205874,
        "activity_lines": [
          14.755035,
          12.40836,
          10.509972,
          9.871172
        ]
      },
      {
        "date": "2024-11-29",
        "close": 16.649689,
        "volume": 235743215,
        "typical_volume": 54775249.8,
        "trend": 9.626888,
        "fair_value": 10.278414,
        "relative_strength": 47.219145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.61353,
        "energy": 90.826221,
        "activity_lines": [
          15.924161,
          13.457938,
          11.194849,
          10.338104
        ]
      },
      {
        "date": "2024-12-06",
        "close": 17.201719,
        "volume": 166656399,
        "typical_volume": 62259059.75,
        "trend": 9.858631,
        "fair_value": 10.31517,
        "relative_strength": 48.710826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.891892,
        "energy": 89.22327,
        "activity_lines": [
          16.827784,
          14.440663,
          11.893573,
          10.826803
        ]
      },
      {
        "date": "2024-12-13",
        "close": 19.163406,
        "volume": 176836606,
        "typical_volume": 70488434.05,
        "trend": 10.15609,
        "fair_value": 10.360372,
        "relative_strength": 65.202359,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.880627,
        "energy": 76.868724,
        "activity_lines": [
          17.868759,
          15.620542,
          12.734859,
          11.427111
        ]
      },
      {
        "date": "2024-12-20",
        "close": 17.12286,
        "volume": 106393177,
        "typical_volume": 75172577.9,
        "trend": 10.404166,
        "fair_value": 10.388365,
        "relative_strength": 47.642175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.052258,
        "energy": 61.358544,
        "activity_lines": [
          17.739952,
          16.252691,
          13.328716,
          11.87658
        ]
      },
      {
        "date": "2024-12-27",
        "close": 15.910358,
        "volume": 78102817,
        "typical_volume": 78628908.75,
        "trend": 10.599348,
        "fair_value": 10.409961,
        "relative_strength": 36.57115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.612608,
        "energy": 53.354338,
        "activity_lines": [
          17.105772,
          16.511859,
          13.765038,
          12.231819
        ]
      },
      {
        "date": "2025-01-03",
        "close": 15.782208,
        "volume": 60659257,
        "typical_volume": 81192584.1,
        "trend": 10.836919,
        "fair_value": 10.430736,
        "relative_strength": 45.156779,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.658081,
        "energy": 45.396803,
        "activity_lines": [
          16.629972,
          16.622086,
          14.152352,
          12.566197
        ]
      },
      {
        "date": "2025-01-10",
        "close": 14.411985,
        "volume": 71548873,
        "typical_volume": 84313882.75,
        "trend": 11.025859,
        "fair_value": 10.449109,
        "relative_strength": 33.547325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.578299,
        "energy": 29.325799,
        "activity_lines": [
          15.755264,
          16.37636,
          14.373587,
          12.796846
        ]
      },
      {
        "date": "2025-01-17",
        "close": 14.490847,
        "volume": 56877841,
        "typical_volume": 86435914.7,
        "trend": 11.217099,
        "fair_value": 10.468176,
        "relative_strength": 29.223372,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.577674,
        "energy": 22.485018,
        "activity_lines": [
          15.092825,
          16.054819,
          14.571023,
          13.020394
        ]
      },
      {
        "date": "2025-01-24",
        "close": 14.569709,
        "volume": 71889000,
        "typical_volume": 89513451.95,
        "trend": 11.423125,
        "fair_value": 10.494003,
        "relative_strength": 27.911615,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.256576,
        "energy": 21.009289,
        "activity_lines": [
          14.768177,
          15.699045,
          14.744613,
          13.236691
        ]
      },
      {
        "date": "2025-01-31",
        "close": 13.899384,
        "volume": 8831900,
        "typical_volume": 89523086.95,
        "trend": 11.612393,
        "fair_value": 10.516535,
        "relative_strength": 23.34316,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.534118,
        "energy": 20.202208,
        "activity_lines": [
          14.390298,
          15.240213,
          14.822348,
          13.39645
        ]
      },
      {
        "date": "2025-02-07",
        "close": 15.249892,
        "volume": 44947199,
        "typical_volume": 91490339.65,
        "trend": 11.836821,
        "fair_value": 10.54616,
        "relative_strength": 29.087179,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.423931,
        "energy": 17.709315,
        "activity_lines": [
          14.596653,
          15.118336,
          14.998661,
          13.631127
        ]
      },
      {
        "date": "2025-02-14",
        "close": 16.33424,
        "volume": 116007682,
        "typical_volume": 96588698.75,
        "trend": 12.117766,
        "fair_value": 10.580922,
        "relative_strength": 34.656847,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.066242,
        "energy": 17.967748,
        "activity_lines": [
          15.199946,
          15.219064,
          15.241114,
          13.921283
        ]
      },
      {
        "date": "2025-02-21",
        "close": 17.093285,
        "volume": 109814465,
        "typical_volume": 101573314.95,
        "trend": 12.420398,
        "fair_value": 10.624616,
        "relative_strength": 36.554484,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.093948,
        "energy": 31.680226,
        "activity_lines": [
          15.928103,
          15.473572,
          15.518209,
          14.242284
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.955278,
        "volume": 114404119,
        "typical_volume": 105544071.5,
        "trend": 12.709229,
        "fair_value": 10.662608,
        "relative_strength": 38.899769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.574963,
        "energy": 49.812811,
        "activity_lines": [
          16.436761,
          15.740627,
          15.745735,
          14.534857
        ]
      },
      {
        "date": "2025-03-07",
        "close": 15.752635,
        "volume": 114543052,
        "typical_volume": 110238383.7,
        "trend": 12.961587,
        "fair_value": 10.695643,
        "relative_strength": 25.305664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.579957,
        "energy": 44.116298,
        "activity_lines": [
          16.385501,
          15.792066,
          15.819574,
          14.731206
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.249892,
        "volume": 52492263,
        "typical_volume": 109790664.25,
        "trend": 13.192914,
        "fair_value": 10.721264,
        "relative_strength": 19.129178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.677921,
        "energy": 34.070267,
        "activity_lines": [
          16.04311,
          15.754965,
          15.813378,
          14.878839
        ]
      },
      {
        "date": "2025-03-21",
        "close": 14.540135,
        "volume": 38554856,
        "typical_volume": 109617064.15,
        "trend": 13.416356,
        "fair_value": 10.743712,
        "relative_strength": 16.136924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 18.277535,
        "energy": 12.024662,
        "activity_lines": [
          15.464133,
          15.598496,
          15.714143,
          14.965756
        ]
      },
      {
        "date": "2025-03-28",
        "close": 13.938816,
        "volume": 24738781,
        "typical_volume": 106490341.0,
        "trend": 13.617453,
        "fair_value": 10.765058,
        "relative_strength": 11.732922,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 1.649961,
        "energy": 11.290717,
        "activity_lines": [
          14.804323,
          15.330367,
          15.533418,
          14.999463
        ]
      },
      {
        "date": "2025-04-04",
        "close": 13.840238,
        "volume": 17652288,
        "typical_volume": 98367927.1,
        "trend": 13.817236,
        "fair_value": 10.787461,
        "relative_strength": 13.030277,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.416962,
        "energy": 17.183672,
        "activity_lines": [
          14.321952,
          15.05435,
          15.333213,
          15.013836
        ]
      },
      {
        "date": "2025-04-11",
        "close": 12.115137,
        "volume": 45752632,
        "typical_volume": 85622321.1,
        "trend": 13.96806,
        "fair_value": 10.800057,
        "relative_strength": 3.950431,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.859713,
        "energy": 43.386054,
        "activity_lines": [
          13.472216,
          14.477943,
          14.977115,
          14.904024
        ]
      },
      {
        "date": "2025-04-18",
        "close": 12.36158,
        "volume": 32460304,
        "typical_volume": 75458175.55,
        "trend": 14.131698,
        "fair_value": 10.813294,
        "relative_strength": 6.075848,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.059197,
        "energy": 57.311415,
        "activity_lines": [
          12.947129,
          13.978784,
          14.676923,
          14.80038
        ]
      },
      {
        "date": "2025-04-25",
        "close": 12.460157,
        "volume": 27081182,
        "typical_volume": 68479414.7,
        "trend": 14.266091,
        "fair_value": 10.829854,
        "relative_strength": 5.030734,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.906541,
        "energy": 59.714786,
        "activity_lines": [
          12.647454,
          13.550062,
          14.40654,
          14.692538
        ]
      },
      {
        "date": "2025-05-02",
        "close": 12.884038,
        "volume": 11192533,
        "typical_volume": 60197211.05,
        "trend": 14.380769,
        "fair_value": 10.850069,
        "relative_strength": 8.380918,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.834609,
        "energy": 55.408355,
        "activity_lines": [
          12.627738,
          13.268848,
          14.199106,
          14.603374
        ]
      },
      {
        "date": "2025-05-09",
        "close": 13.002332,
        "volume": 19094181,
        "typical_volume": 55832261.25,
        "trend": 14.523049,
        "fair_value": 10.867226,
        "relative_strength": 6.530578,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -58.821687,
        "energy": 54.55927,
        "activity_lines": [
          12.717772,
          13.085674,
          14.032839,
          14.514442
        ]
      },
      {
        "date": "2025-05-16",
        "close": 12.874182,
        "volume": 36852787,
        "typical_volume": 53769759.75,
        "trend": 14.652185,
        "fair_value": 10.885689,
        "relative_strength": 4.583233,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.154799,
        "energy": 42.026155,
        "activity_lines": [
          12.82095,
          12.951072,
          13.873989,
          14.408064
        ]
      },
      {
        "date": "2025-05-23",
        "close": 12.332007,
        "volume": 45732860,
        "typical_volume": 53023439.9,
        "trend": 14.733019,
        "fair_value": 10.90468,
        "relative_strength": 0.342382,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.509668,
        "energy": 40.252917,
        "activity_lines": [
          12.692799,
          12.770227,
          13.677961,
          14.258375
        ]
      },
      {
        "date": "2025-05-30",
        "close": 12.290833,
        "volume": 32473846,
        "typical_volume": 51069688.55,
        "trend": 14.827595,
        "fair_value": 10.923157,
        "relative_strength": 0.681477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.839647,
        "energy": 42.945611,
        "activity_lines": [
          12.552896,
          12.634949,
          13.494441,
          14.100814
        ]
      },
      {
        "date": "2025-06-06",
        "close": 12.360273,
        "volume": 19312900,
        "typical_volume": 49191441.5,
        "trend": 14.845624,
        "fair_value": 10.939076,
        "relative_strength": -0.610167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.75213,
        "energy": 54.2982,
        "activity_lines": [
          12.447428,
          12.553193,
          13.327636,
          13.941632
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13.20347,
        "volume": 86146574,
        "typical_volume": 49904320.2,
        "trend": 14.76558,
        "fair_value": 10.956897,
        "relative_strength": 6.21495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.791882,
        "energy": 34.004511,
        "activity_lines": [
          12.657942,
          12.653446,
          13.251281,
          13.835687
        ]
      },
      {
        "date": "2025-06-20",
        "close": 13.30267,
        "volume": 58510600,
        "typical_volume": 52388255.2,
        "trend": 14.578109,
        "fair_value": 10.977105,
        "relative_strength": 7.65176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.521831,
        "energy": 26.344672,
        "activity_lines": [
          12.888115,
          12.783313,
          13.190879,
          13.741306
        ]
      },
      {
        "date": "2025-06-27",
        "close": 14.800584,
        "volume": 132537357,
        "typical_volume": 56767763.1,
        "trend": 14.516472,
        "fair_value": 11.005852,
        "relative_strength": 14.609958,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.829931,
        "energy": 13.479573,
        "activity_lines": [
          13.589026,
          13.163937,
          13.275977,
          13.755659
        ]
      },
      {
        "date": "2025-07-04",
        "close": 13.868107,
        "volume": 63972600,
        "typical_volume": 54166009.0,
        "trend": 14.405351,
        "fair_value": 11.034002,
        "relative_strength": 5.448742,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.656475,
        "energy": 16.674037,
        "activity_lines": [
          13.81454,
          13.330674,
          13.274407,
          13.713829
        ]
      },
      {
        "date": "2025-07-11",
        "close": 13.878027,
        "volume": 32683460,
        "typical_volume": 50309458.75,
        "trend": 14.229172,
        "fair_value": 11.054708,
        "relative_strength": 3.144111,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.686868,
        "energy": 19.278876,
        "activity_lines": [
          13.938208,
          13.473615,
          13.285525,
          13.679808
        ]
      },
      {
        "date": "2025-07-18",
        "close": 13.06459,
        "volume": 45458000,
        "typical_volume": 46862152.8,
        "trend": 14.093896,
        "fair_value": 11.067509,
        "relative_strength": -5.286242,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.833684,
        "energy": 16.498055,
        "activity_lines": [
          13.689548,
          13.450586,
          13.234485,
          13.604674
        ]
      },
      {
        "date": "2025-07-25",
        "close": 13.005071,
        "volume": 31452100,
        "typical_volume": 42707605.2,
        "trend": 13.997053,
        "fair_value": 11.084121,
        "relative_strength": -8.189032,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.707587,
        "energy": 11.503529,
        "activity_lines": [
          13.430306,
          13.415604,
          13.196302,
          13.534427
        ]
      },
      {
        "date": "2025-08-01",
        "close": 12.717391,
        "volume": 32549257,
        "typical_volume": 41710454.9,
        "trend": 13.894893,
        "fair_value": 11.101203,
        "relative_strength": -9.034672,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.760764,
        "energy": 24.031567,
        "activity_lines": [
          13.095011,
          13.325936,
          13.143805,
          13.451868
        ]
      },
      {
        "date": "2025-08-08",
        "close": 13.09435,
        "volume": 23725614,
        "typical_volume": 40968992.8,
        "trend": 13.850972,
        "fair_value": 11.119513,
        "relative_strength": -7.775785,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.821146,
        "energy": 24.70482,
        "activity_lines": [
          13.024249,
          13.2978,
          13.139269,
          13.40022
        ]
      },
      {
        "date": "2025-08-15",
        "close": 13.074511,
        "volume": 30637075,
        "typical_volume": 41263907.5,
        "trend": 13.80376,
        "fair_value": 11.135443,
        "relative_strength": -12.090632,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.717854,
        "energy": 23.536759,
        "activity_lines": [
          12.998457,
          13.251446,
          13.139728,
          13.350126
        ]
      },
      {
        "date": "2025-08-22",
        "close": 13.471309,
        "volume": 36880259,
        "typical_volume": 42225306.05,
        "trend": 13.767147,
        "fair_value": 11.150539,
        "relative_strength": -13.573235,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.358004,
        "energy": 16.097087,
        "activity_lines": [
          13.158499,
          13.264252,
          13.182093,
          13.328677
        ]
      },
      {
        "date": "2025-08-29",
        "close": 12.945551,
        "volume": 47081262,
        "typical_volume": 42291737.55,
        "trend": 13.735353,
        "fair_value": 11.166269,
        "relative_strength": -20.500666,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.628013,
        "energy": 15.627772,
        "activity_lines": [
          13.116174,
          13.176596,
          13.176142,
          13.275671
        ]
      },
      {
        "date": "2025-09-05",
        "close": 13.441549,
        "volume": 53508098,
        "typical_volume": 43344127.25,
        "trend": 13.675075,
        "fair_value": 11.18061,
        "relative_strength": -16.890204,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.254111,
        "energy": 8.94772,
        "activity_lines": [
          13.24315,
          13.185614,
          13.213476,
          13.256716
        ]
      },
      {
        "date": "2025-09-12",
        "close": 13.510988,
        "volume": 66515531,
        "typical_volume": 45315844.7,
        "trend": 13.580966,
        "fair_value": 11.194584,
        "relative_strength": -18.732147,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.469223,
        "energy": 6.806966,
        "activity_lines": [
          13.344995,
          13.231967,
          13.252279,
          13.24613
        ]
      },
      {
        "date": "2025-09-19",
        "close": 12.270993,
        "volume": 48418735,
        "typical_volume": 47177154.8,
        "trend": 13.420223,
        "fair_value": 11.204363,
        "relative_strength": -27.03658,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.243966,
        "energy": 21.087201,
        "activity_lines": [
          13.005732,
          13.05936,
          13.167984,
          13.161615
        ]
      },
      {
        "date": "2025-09-26",
        "close": 11.735315,
        "volume": 31018079,
        "typical_volume": 47773349.7,
        "trend": 13.246224,
        "fair_value": 11.214962,
        "relative_strength": -30.954174,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -67.694031,
        "energy": 55.008516,
        "activity_lines": [
          12.541477,
          12.818575,
          13.035591,
          13.052912
        ]
      },
      {
        "date": "2025-10-03",
        "close": 11.923795,
        "volume": 7886734,
        "typical_volume": 46325047.05,
        "trend": 13.118596,
        "fair_value": 11.228083,
        "relative_strength": -31.476273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.43668,
        "energy": 67.40171,
        "activity_lines": [
          12.255783,
          12.636228,
          12.927182,
          12.967594
        ]
      },
      {
        "date": "2025-10-10",
        "close": 11.943635,
        "volume": 8893867,
        "typical_volume": 44483097.4,
        "trend": 13.008388,
        "fair_value": 11.244335,
        "relative_strength": -30.510157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.310917,
        "energy": 71.287442,
        "activity_lines": [
          12.044818,
          12.477148,
          12.825189,
          12.89179
        ]
      },
      {
        "date": "2025-10-17",
        "close": 11.378197,
        "volume": 21488600,
        "typical_volume": 43933835.1,
        "trend": 12.90299,
        "fair_value": 11.258838,
        "relative_strength": -30.351743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.302676,
        "energy": 80.046337,
        "activity_lines": [
          11.745236,
          12.22933,
          12.671193,
          12.786616
        ]
      },
      {
        "date": "2025-10-24",
        "close": 12.042834,
        "volume": 21211800,
        "typical_volume": 44028780.1,
        "trend": 12.83979,
        "fair_value": 11.279354,
        "relative_strength": -29.584919,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.571592,
        "energy": 67.251345,
        "activity_lines": [
          11.809385,
          12.133557,
          12.584842,
          12.731122
        ]
      },
      {
        "date": "2025-10-31",
        "close": 12.062674,
        "volume": 21641812,
        "typical_volume": 40803542.0,
        "trend": 12.780538,
        "fair_value": 11.297182,
        "relative_strength": -29.935667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.490393,
        "energy": 50.944684,
        "activity_lines": [
          11.895357,
          12.060149,
          12.501892,
          12.680986
        ]
      },
      {
        "date": "2025-11-07",
        "close": 12.449553,
        "volume": 30210444,
        "typical_volume": 39388534.2,
        "trend": 12.791686,
        "fair_value": 11.316864,
        "relative_strength": -27.687363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.815544,
        "energy": 31.58454,
        "activity_lines": [
          12.088466,
          12.082694,
          12.46122,
          12.659632
        ]
      },
      {
        "date": "2025-11-14",
        "close": 12.886031,
        "volume": 29054600,
        "typical_volume": 34214396.35,
        "trend": 12.809167,
        "fair_value": 11.33972,
        "relative_strength": -23.541482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.160202,
        "energy": 17.423041,
        "activity_lines": [
          12.392017,
          12.193618,
          12.46618,
          12.665719
        ]
      },
      {
        "date": "2025-11-21",
        "close": 11.804755,
        "volume": 25983499,
        "typical_volume": 32314941.3,
        "trend": 12.78732,
        "fair_value": 11.351702,
        "relative_strength": -25.186445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.924301,
        "energy": 21.244992,
        "activity_lines": [
          12.272316,
          12.118046,
          12.377279,
          12.600918
        ]
      },
      {
        "date": "2025-11-28",
        "close": 12.181713,
        "volume": 16752244,
        "typical_volume": 31518380.5,
        "trend": 12.76391,
        "fair_value": 11.36654,
        "relative_strength": -24.723801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.993055,
        "energy": 17.624235,
        "activity_lines": [
          12.249831,
          12.142034,
          12.334103,
          12.561846
        ]
      },
      {
        "date": "2025-12-05",
        "close": 12.052753,
        "volume": 15018700,
        "typical_volume": 29996415.5,
        "trend": 12.732257,
        "fair_value": 11.37786,
        "relative_strength": -25.670674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.817494,
        "energy": 19.459099,
        "activity_lines": [
          12.1751,
          12.144198,
          12.286723,
          12.515965
        ]
      },
      {
        "date": "2025-12-12",
        "close": 11.894034,
        "volume": 40856300,
        "typical_volume": 30466625.5,
        "trend": 12.699585,
        "fair_value": 11.389351,
        "relative_strength": -26.23606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.56289,
        "energy": 31.956983,
        "activity_lines": [
          12.048124,
          12.111732,
          12.229046,
          12.461886
        ]
      },
      {
        "date": "2025-12-19",
        "close": 11.903955,
        "volume": 19924400,
        "typical_volume": 29835382.65,
        "trend": 12.685317,
        "fair_value": 11.396464,
        "relative_strength": -24.674313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.259848,
        "energy": 34.066445,
        "activity_lines": [
          11.96149,
          12.081612,
          12.177604,
          12.410555
        ]
      },
      {
        "date": "2025-12-26",
        "close": 12.003155,
        "volume": 20232232,
        "typical_volume": 29660713.55,
        "trend": 12.675728,
        "fair_value": 11.405089,
        "relative_strength": -25.912537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.790842,
        "energy": 31.061868,
        "activity_lines": [
          11.973394,
          12.070249,
          12.139483,
          12.366545
        ]
      },
      {
        "date": "2026-01-02",
        "close": 11.983315,
        "volume": 8617400,
        "typical_volume": 28559729.8,
        "trend": 12.663163,
        "fair_value": 11.412586,
        "relative_strength": -24.742544,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.740821,
        "energy": 29.427701,
        "activity_lines": [
          11.965459,
          12.043916,
          12.104669,
          12.321873
        ]
      },
      {
        "date": "2026-01-09",
        "close": 12.181713,
        "volume": 23226750,
        "typical_volume": 27877054.35,
        "trend": 12.629104,
        "fair_value": 11.428737,
        "relative_strength": -25.98533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.709642,
        "energy": 23.320561,
        "activity_lines": [
          12.036882,
          12.054738,
          12.093946,
          12.290812
        ]
      },
      {
        "date": "2026-01-16",
        "close": 12.290833,
        "volume": 27474100,
        "typical_volume": 26896696.25,
        "trend": 12.595376,
        "fair_value": 11.44834,
        "relative_strength": -25.468551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.784457,
        "energy": 13.361735,
        "activity_lines": [
          12.136082,
          12.083235,
          12.099756,
          12.268988
        ]
      },
      {
        "date": "2026-01-23",
        "close": 12.697552,
        "volume": 22228500,
        "typical_volume": 25332716.35,
        "trend": 12.525275,
        "fair_value": 11.469612,
        "relative_strength": -23.161694,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.283159,
        "energy": 7.562612,
        "activity_lines": [
          12.344401,
          12.188567,
          12.147419,
          12.27558
        ]
      },
      {
        "date": "2026-01-30",
        "close": 12.638032,
        "volume": 49942413,
        "typical_volume": 24504060.45,
        "trend": 12.484272,
        "fair_value": 11.489877,
        "relative_strength": -21.632645,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.409408,
        "energy": 12.581964,
        "activity_lines": [
          12.479974,
          12.286505,
          12.192956,
          12.282855
        ]
      },
      {
        "date": "2026-02-06",
        "close": 12.915792,
        "volume": 41178958,
        "typical_volume": 24142071.6,
        "trend": 12.452198,
        "fair_value": 11.508544,
        "relative_strength": -17.46992,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.753821,
        "energy": 36.609838,
        "activity_lines": [
          12.665808,
          12.419793,
          12.269104,
          12.310695
        ]
      },
      {
        "date": "2026-02-13",
        "close": 13.10427,
        "volume": 27715600,
        "typical_volume": 23976947.65,
        "trend": 12.453521,
        "fair_value": 11.525416,
        "relative_strength": -16.573049,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.215722,
        "energy": 53.085204,
        "activity_lines": [
          12.852303,
          12.574003,
          12.360131,
          12.352764
        ]
      },
      {
        "date": "2026-02-27",
        "close": 13.10427,
        "volume": 21599859,
        "typical_volume": 24662603.9,
        "trend": 12.456827,
        "fair_value": 11.540411,
        "relative_strength": -17.923362,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.033137,
        "energy": 58.802448,
        "activity_lines": [
          12.977295,
          12.709095,
          12.44464,
          12.394748
        ]
      },
      {
        "date": "2026-03-06",
        "close": 12.766992,
        "volume": 28635057,
        "typical_volume": 25649663.4,
        "trend": 12.458481,
        "fair_value": 11.553807,
        "relative_strength": -17.208937,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.223032,
        "energy": 47.778738,
        "activity_lines": [
          12.935631,
          12.760859,
          12.491406,
          12.414758
        ]
      },
      {
        "date": "2026-03-13",
        "close": 12.836431,
        "volume": 23158233,
        "typical_volume": 25733145.05,
        "trend": 12.449883,
        "fair_value": 11.567586,
        "relative_strength": -16.572397,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.040393,
        "energy": 35.198499,
        "activity_lines": [
          12.912484,
          12.809557,
          12.540864,
          12.439142
        ]
      },
      {
        "date": "2026-03-20",
        "close": 11.735315,
        "volume": 26252400,
        "typical_volume": 25985175.05,
        "trend": 12.405243,
        "fair_value": 11.57343,
        "relative_strength": -20.680019,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -14.656029,
        "energy": 9.989239,
        "activity_lines": [
          12.509072,
          12.642902,
          12.47851,
          12.393041
        ]
      },
      {
        "date": "2026-03-27",
        "close": 11.447637,
        "volume": 31981599,
        "typical_volume": 26502164.4,
        "trend": 12.337788,
        "fair_value": 11.579308,
        "relative_strength": -21.279452,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -29.034961,
        "energy": 28.14074,
        "activity_lines": [
          12.088466,
          12.42845,
          12.390222,
          12.33126
        ]
      },
      {
        "date": "2026-04-03",
        "close": 11.179798,
        "volume": 23596333,
        "typical_volume": 26171458.85,
        "trend": 12.278929,
        "fair_value": 11.58816,
        "relative_strength": -20.081857,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -45.559342,
        "energy": 45.129014,
        "activity_lines": [
          11.689022,
          12.178648,
          12.279355,
          12.256551
        ]
      },
      {
        "date": "2026-04-10",
        "close": 12.082515,
        "volume": 16256823,
        "typical_volume": 25531570.0,
        "trend": 12.233628,
        "fair_value": 11.595667,
        "relative_strength": -18.669884,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.776207,
        "energy": 33.058697,
        "activity_lines": [
          11.718783,
          12.113176,
          12.260507,
          12.243879
        ]
      },
      {
        "date": "2026-04-17",
        "close": 12.300753,
        "volume": 19198617,
        "typical_volume": 25192325.9,
        "trend": 12.193287,
        "fair_value": 11.607826,
        "relative_strength": -19.802112,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.686797,
        "energy": 30.692973,
        "activity_lines": [
          11.866921,
          12.098567,
          12.26627,
          12.24821
        ]
      },
      {
        "date": "2026-04-24",
        "close": 12.538833,
        "volume": 61683584,
        "typical_volume": 27438892.9,
        "trend": 12.202215,
        "fair_value": 11.62464,
        "relative_strength": -17.899751,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 0.862826,
        "energy": 6.120495,
        "activity_lines": [
          12.13013,
          12.133377,
          12.292345,
          12.270503
        ]
      },
      {
        "date": "2026-05-01",
        "close": 12.638032,
        "volume": 27857298,
        "typical_volume": 28080822.8,
        "trend": 12.232306,
        "fair_value": 11.644154,
        "relative_strength": -17.514744,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.242449,
        "energy": 16.874288,
        "activity_lines": [
          12.372839,
          12.193077,
          12.326167,
          12.29862
        ]
      },
      {
        "date": "2026-05-08",
        "close": 12.836431,
        "volume": 22792700,
        "typical_volume": 27177642.8,
        "trend": 12.262727,
        "fair_value": 11.667505,
        "relative_strength": -17.93406,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.338621,
        "energy": 31.675531,
        "activity_lines": [
          12.60232,
          12.297327,
          12.376098,
          12.337596
        ]
      },
      {
        "date": "2026-05-15",
        "close": 12.181713,
        "volume": 29430373,
        "typical_volume": 27652941.45,
        "trend": 12.270663,
        "fair_value": 11.684844,
        "relative_strength": -21.35349,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 33.351131,
        "energy": 23.537691,
        "activity_lines": [
          12.50312,
          12.287406,
          12.359187,
          12.332369
        ]
      },
      {
        "date": "2026-05-22",
        "close": 11.636115,
        "volume": 23035600,
        "typical_volume": 27793109.85,
        "trend": 12.27926,
        "fair_value": 11.699062,
        "relative_strength": -24.290307,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -13.67223,
        "energy": 7.389639,
        "activity_lines": [
          12.215441,
          12.188928,
          12.288991,
          12.291431
        ]
      },
      {
        "date": "2026-05-29",
        "close": 10.33,
        "volume": 29001837,
        "typical_volume": 28812331.7,
        "trend": 12.222165,
        "fair_value": 11.704594,
        "relative_strength": -31.957332,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -73.363109,
        "energy": 59.237688,
        "activity_lines": [
          11.5367,
          11.874798,
          12.096151,
          12.165672
        ]
      },
      {
        "date": "2026-06-05",
        "close": 10.47,
        "volume": 4551500,
        "typical_volume": 27878569.2,
        "trend": 12.169076,
        "fair_value": 11.708896,
        "relative_strength": -29.106488,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.991492,
        "energy": 74.701922,
        "activity_lines": [
          11.05188,
          11.611674,
          11.924518,
          12.052629
        ]
      },
      {
        "date": "2026-06-12",
        "close": 10.14,
        "volume": 4573600,
        "typical_volume": 26733544.2,
        "trend": 12.092091,
        "fair_value": 11.710896,
        "relative_strength": -28.969733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.826915,
        "energy": 82.935751,
        "activity_lines": [
          10.601596,
          11.306325,
          11.729607,
          11.921721
        ]
      },
      {
        "date": "2026-06-19",
        "close": 9.97,
        "volume": 29308513,
        "typical_volume": 27087544.85,
        "trend": 11.99489,
        "fair_value": 11.712556,
        "relative_strength": -33.901005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.822484,
        "energy": 86.303645,
        "activity_lines": [
          10.274408,
          10.988973,
          11.528747,
          11.784812
        ]
      },
      {
        "date": "2026-06-26",
        "close": 9.05,
        "volume": 4066900,
        "typical_volume": 24793769.2,
        "trend": 11.903065,
        "fair_value": 11.708695,
        "relative_strength": -38.099083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.220387,
        "energy": 93.05293,
        "activity_lines": [
          9.788,
          10.542757,
          11.253257,
          11.594819
        ]
      },
      {
        "date": "2026-07-03",
        "close": 11.9,
        "volume": 17986500,
        "typical_volume": 23634146.3,
        "trend": 11.893675,
        "fair_value": 11.721163,
        "relative_strength": -16.491941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.48698,
        "energy": 45.57271,
        "activity_lines": [
          10.424,
          10.673827,
          11.266282,
          11.594621
        ]
      },
      {
        "date": "2026-07-10",
        "close": 11.31,
        "volume": 59324930,
        "typical_volume": 25214612.8,
        "trend": 11.868916,
        "fair_value": 11.729411,
        "relative_strength": -16.731132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.557385,
        "energy": 31.498452,
        "activity_lines": [
          10.758667,
          10.70924,
          11.227952,
          11.556965
        ]
      },
      {
        "date": "2026-07-17",
        "close": 10.59,
        "volume": 43797640,
        "typical_volume": 26324501.85,
        "trend": 11.825448,
        "fair_value": 11.730462,
        "relative_strength": -13.443156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.11745,
        "energy": 25.068697,
        "activity_lines": [
          10.797333,
          10.63789,
          11.129596,
          11.474454
        ]
      },
      {
        "date": "2026-07-24",
        "close": 9.36,
        "volume": 33923300,
        "typical_volume": 26588914.0,
        "trend": 11.74065,
        "fair_value": 11.722686,
        "relative_strength": -23.014618,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.793468,
        "energy": 29.244715,
        "activity_lines": [
          10.396,
          10.383748,
          10.92607,
          11.315393
        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.84,
        "volume": 27980940,
        "typical_volume": 26830049.35,
        "trend": 11.668545,
        "fair_value": 11.717547,
        "relative_strength": -17.105576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.648242,
        "energy": 38.78526,
        "activity_lines": [
          10.195333,
          10.268182,
          10.784481,
          11.19277
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.63,
        "volume": 24901854,
        "typical_volume": 26762522.05,
        "trend": 11.623434,
        "fair_value": 11.71898,
        "relative_strength": -14.249907,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.586728,
        "energy": 36.247537,
        "activity_lines": [
          10.205333,
          10.328909,
          10.7324,
          11.125767
        ]
      }
    ],
    "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."
    }
  }
}