{
  "ticker": {
    "uuid": "b77f612e-0acb-4668-a3f3-311ce92a3605",
    "symbol": "MLP",
    "name": "Maui Land & Pineapple Company Inc",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 53.181,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 27.515,
    "architecture_energy": 14.927,
    "architecture_maturity": 31.281,
    "architecture_confidence": 79.077,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 57.07,
        "rotation_up": 22.32,
        "upward_expansion": 50.78,
        "deceleration": 90.92,
        "rotation_down": 28.81,
        "downward_expansion": 19.11
      },
      "activity_lines": [
        17.165333,
        17.429455,
        17.171429,
        16.912516
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 17.32,
    "trend_reference": 16.736333,
    "distance_from_trend": 0.034874,
    "trend_direction": "Improving",
    "fair_value": 18.261987,
    "distance_from_fair_value": -0.051582,
    "fair_value_direction": "Improving",
    "relative_strength": -7.963599,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.011682,
    "excess_performance": -0.113943,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.034874,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.030837,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.051582,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.077227,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.079636,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.087445,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.011682,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.201168,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 112796,
      "relative_activity": 1.381716,
      "balance": 2.201168,
      "dry_up": 1.044626,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.091412,
      "annualized_volatility": 0.369707,
      "from_high_reference": -0.148476,
      "from_low_reference": 0.251508
    },
    "levels": {
      "trend_reference": 16.736333,
      "fair_value_reference": 18.261987,
      "structural_low": 14.95,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.031721,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.018473,
        "regime_survival": 0.25,
        "best_return": 0.119245,
        "worst_return": -0.111933,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.199245,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.082841,
        "regime_survival": 0.0,
        "best_return": 0.225139,
        "worst_return": -0.093432,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.088844,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.057607,
        "regime_survival": 0.0,
        "best_return": 0.634717,
        "worst_return": -0.111933,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.356125,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.164281,
        "regime_survival": 0.0,
        "best_return": 0.606792,
        "worst_return": 0.105458,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-25",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.116829,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-06-27",
        "tenure": "Established",
        "return": -0.069909,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-04",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.04153,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-26",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": -0.159222,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-07",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.027572,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": 0.05489,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-09",
        "end": "2026-01-30",
        "tenure": "New",
        "return": 0.017221,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-06",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.039136,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-06",
        "end": "2026-03-20",
        "tenure": "New",
        "return": -0.060182,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": 0.133683,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-06-12",
        "tenure": "New",
        "return": 0.07974,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-19",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.08026,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-03",
        "end": "2026-07-17",
        "tenure": "New",
        "return": -0.037714,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.008736,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 15.16,
        "volume": 409726,
        "typical_volume": 162941.25,
        "trend": 12.144,
        "fair_value": 10.821948,
        "relative_strength": 30.001394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.858074,
        "energy": 43.415,
        "activity_lines": [
          14.778667,
          14.651273,
          14.013619,
          13.27686
        ]
      },
      {
        "date": "2023-08-25",
        "close": 14.33,
        "volume": 211417,
        "typical_volume": 170885.25,
        "trend": 12.319667,
        "fair_value": 10.839448,
        "relative_strength": 21.217301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.417738,
        "energy": 35.034449,
        "activity_lines": [
          14.655333,
          14.616364,
          14.102667,
          13.417892
        ]
      },
      {
        "date": "2023-09-01",
        "close": 13.75,
        "volume": 138761,
        "typical_volume": 173389.65,
        "trend": 12.481,
        "fair_value": 10.855602,
        "relative_strength": 12.905716,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.522662,
        "energy": 23.435552,
        "activity_lines": [
          14.341333,
          14.467091,
          14.124333,
          13.510172
        ]
      },
      {
        "date": "2023-09-08",
        "close": 12.73,
        "volume": 88444,
        "typical_volume": 172906.55,
        "trend": 12.598333,
        "fair_value": 10.866756,
        "relative_strength": 5.419315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 16.260836,
        "energy": 12.373858,
        "activity_lines": [
          13.758667,
          14.145818,
          14.041381,
          13.526237
        ]
      },
      {
        "date": "2023-09-15",
        "close": 13.15,
        "volume": 213467,
        "typical_volume": 178596.85,
        "trend": 12.728667,
        "fair_value": 10.877269,
        "relative_strength": 8.519355,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.574913,
        "energy": 14.244658,
        "activity_lines": [
          13.449333,
          13.928364,
          13.991,
          13.561828
        ]
      },
      {
        "date": "2023-09-22",
        "close": 12.77,
        "volume": 126106,
        "typical_volume": 180534.45,
        "trend": 12.851,
        "fair_value": 10.890922,
        "relative_strength": 8.193472,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.648229,
        "energy": 17.830508,
        "activity_lines": [
          13.098,
          13.669091,
          13.901286,
          13.564495
        ]
      },
      {
        "date": "2023-09-29",
        "close": 13.25,
        "volume": 105808,
        "typical_volume": 180839.75,
        "trend": 12.987,
        "fair_value": 10.90714,
        "relative_strength": 12.653099,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.818677,
        "energy": 18.234829,
        "activity_lines": [
          13.066,
          13.528545,
          13.855762,
          13.590237
        ]
      },
      {
        "date": "2023-10-06",
        "close": 13.74,
        "volume": 111637,
        "typical_volume": 181852.8,
        "trend": 13.137667,
        "fair_value": 10.921563,
        "relative_strength": 15.665061,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.271419,
        "energy": 12.472651,
        "activity_lines": [
          13.269333,
          13.497455,
          13.850857,
          13.638817
        ]
      },
      {
        "date": "2023-10-13",
        "close": 14.94,
        "volume": 264918,
        "typical_volume": 192579.3,
        "trend": 13.329,
        "fair_value": 10.942461,
        "relative_strength": 24.307032,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.473415,
        "energy": 17.259606,
        "activity_lines": [
          13.873333,
          13.704182,
          13.95719,
          13.755097
        ]
      },
      {
        "date": "2023-10-20",
        "close": 14.68,
        "volume": 166216,
        "typical_volume": 198966.6,
        "trend": 13.44,
        "fair_value": 10.963871,
        "relative_strength": 24.08921,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.919025,
        "energy": 25.205094,
        "activity_lines": [
          14.243333,
          13.859818,
          14.024524,
          13.842258
        ]
      },
      {
        "date": "2023-10-27",
        "close": 14.83,
        "volume": 84087,
        "typical_volume": 199561.5,
        "trend": 13.535667,
        "fair_value": 10.994256,
        "relative_strength": 27.419678,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 43.999022,
        "energy": 32.050926,
        "activity_lines": [
          14.561333,
          14.038,
          14.093381,
          13.931935
        ]
      },
      {
        "date": "2023-11-03",
        "close": 14.8,
        "volume": 87864,
        "typical_volume": 198258.8,
        "trend": 13.636333,
        "fair_value": 11.023871,
        "relative_strength": 19.224634,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 54.117636,
        "energy": 41.588926,
        "activity_lines": [
          14.732,
          14.216727,
          14.153429,
          14.013505
        ]
      },
      {
        "date": "2023-11-10",
        "close": 14.97,
        "volume": 70414,
        "typical_volume": 156116.3,
        "trend": 13.729333,
        "fair_value": 11.048807,
        "relative_strength": 18.1367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.602059,
        "energy": 50.746003,
        "activity_lines": [
          14.856,
          14.417818,
          14.225095,
          14.099548
        ]
      },
      {
        "date": "2023-11-17",
        "close": 14.53,
        "volume": 92218,
        "typical_volume": 151446.95,
        "trend": 13.841333,
        "fair_value": 11.069833,
        "relative_strength": 11.446993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.279449,
        "energy": 40.972555,
        "activity_lines": [
          14.751333,
          14.516727,
          14.252571,
          14.151204
        ]
      },
      {
        "date": "2023-11-24",
        "close": 14.88,
        "volume": 39550,
        "typical_volume": 148186.95,
        "trend": 13.921,
        "fair_value": 11.086435,
        "relative_strength": 12.370286,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.668397,
        "energy": 32.495868,
        "activity_lines": [
          14.790667,
          14.646545,
          14.312,
          14.218215
        ]
      },
      {
        "date": "2023-12-01",
        "close": 15.05,
        "volume": 111091,
        "typical_volume": 148187.85,
        "trend": 14.007667,
        "fair_value": 11.106051,
        "relative_strength": 11.977588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.985236,
        "energy": 32.073497,
        "activity_lines": [
          14.873333,
          14.775818,
          14.386524,
          14.291054
        ]
      },
      {
        "date": "2023-12-08",
        "close": 14.96,
        "volume": 176561,
        "typical_volume": 151904.8,
        "trend": 14.107,
        "fair_value": 11.125346,
        "relative_strength": 10.346389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.870855,
        "energy": 29.692892,
        "activity_lines": [
          14.911333,
          14.847273,
          14.449857,
          14.352495
        ]
      },
      {
        "date": "2023-12-15",
        "close": 15.0,
        "volume": 133691,
        "typical_volume": 150879.3,
        "trend": 14.170333,
        "fair_value": 11.149384,
        "relative_strength": 7.492145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.928962,
        "energy": 33.780215,
        "activity_lines": [
          14.952,
          14.894909,
          14.51419,
          14.410108
        ]
      },
      {
        "date": "2023-12-22",
        "close": 15.71,
        "volume": 223024,
        "typical_volume": 156883.3,
        "trend": 14.295667,
        "fair_value": 11.178102,
        "relative_strength": 10.946554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.76887,
        "energy": 48.374517,
        "activity_lines": [
          15.227333,
          15.048727,
          14.645286,
          14.509441
        ]
      },
      {
        "date": "2023-12-29",
        "close": 15.89,
        "volume": 44042,
        "typical_volume": 144952.1,
        "trend": 14.425333,
        "fair_value": 11.206051,
        "relative_strength": 11.223281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.575439,
        "energy": 58.581371,
        "activity_lines": [
          15.484,
          15.221273,
          14.788857,
          14.612301
        ]
      },
      {
        "date": "2024-01-05",
        "close": 18.96,
        "volume": 263092,
        "typical_volume": 137620.4,
        "trend": 14.604667,
        "fair_value": 11.252781,
        "relative_strength": 33.485682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.441648,
        "energy": 85.73753,
        "activity_lines": [
          16.696667,
          15.93,
          15.21781,
          14.90486
        ]
      },
      {
        "date": "2024-01-12",
        "close": 18.63,
        "volume": 125115,
        "typical_volume": 133305.3,
        "trend": 14.764333,
        "fair_value": 11.299256,
        "relative_strength": 27.651761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.292888,
        "energy": 92.825836,
        "activity_lines": [
          17.538667,
          16.503636,
          15.597238,
          15.164559
        ]
      },
      {
        "date": "2024-01-19",
        "close": 18.85,
        "volume": 201750,
        "typical_volume": 136454.75,
        "trend": 14.909667,
        "fair_value": 11.342076,
        "relative_strength": 26.358753,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.030382,
        "energy": 92.019073,
        "activity_lines": [
          18.209333,
          17.047636,
          15.977143,
          15.428151
        ]
      },
      {
        "date": "2024-01-26",
        "close": 19.15,
        "volume": 69011,
        "typical_volume": 135483.1,
        "trend": 15.073333,
        "fair_value": 11.39073,
        "relative_strength": 25.758754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.388924,
        "energy": 91.167755,
        "activity_lines": [
          18.723333,
          17.575636,
          16.361333,
          15.70172
        ]
      },
      {
        "date": "2024-02-02",
        "close": 19.36,
        "volume": 193109,
        "typical_volume": 134465.2,
        "trend": 15.230333,
        "fair_value": 11.437589,
        "relative_strength": 24.037929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.942888,
        "energy": 87.96492,
        "activity_lines": [
          19.078,
          18.057818,
          16.734952,
          15.97828
        ]
      },
      {
        "date": "2024-02-09",
        "close": 19.27,
        "volume": 107211,
        "typical_volume": 133520.45,
        "trend": 15.389333,
        "fair_value": 11.48323,
        "relative_strength": 20.632791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.903249,
        "energy": 67.849461,
        "activity_lines": [
          19.171333,
          18.442182,
          17.070429,
          16.238903
        ]
      },
      {
        "date": "2024-02-16",
        "close": 19.94,
        "volume": 149655,
        "typical_volume": 135712.8,
        "trend": 15.575,
        "fair_value": 11.534897,
        "relative_strength": 23.986334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.947839,
        "energy": 64.474871,
        "activity_lines": [
          19.467333,
          18.871636,
          17.438762,
          16.532495
        ]
      },
      {
        "date": "2024-02-23",
        "close": 19.8,
        "volume": 51489,
        "typical_volume": 132705.4,
        "trend": 15.741,
        "fair_value": 11.586051,
        "relative_strength": 19.97049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.476025,
        "energy": 60.68201,
        "activity_lines": [
          19.629333,
          19.185091,
          17.761905,
          16.805075
        ]
      },
      {
        "date": "2024-03-01",
        "close": 19.65,
        "volume": 57290,
        "typical_volume": 122324.0,
        "trend": 15.905,
        "fair_value": 11.637781,
        "relative_strength": 16.844289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.285819,
        "energy": 55.72959,
        "activity_lines": [
          19.678,
          19.384,
          18.041905,
          17.057269
        ]
      },
      {
        "date": "2024-03-08",
        "close": 19.93,
        "volume": 67897,
        "typical_volume": 117408.05,
        "trend": 16.088667,
        "fair_value": 11.68682,
        "relative_strength": 17.756493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.038398,
        "energy": 54.645242,
        "activity_lines": [
          19.786667,
          19.562182,
          18.326143,
          17.316946
        ]
      },
      {
        "date": "2024-03-15",
        "close": 21.23,
        "volume": 195936,
        "typical_volume": 123000.5,
        "trend": 16.291,
        "fair_value": 11.747461,
        "relative_strength": 24.234812,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.085704,
        "energy": 58.669242,
        "activity_lines": [
          20.290667,
          19.903273,
          18.70919,
          17.648645
        ]
      },
      {
        "date": "2024-03-22",
        "close": 21.43,
        "volume": 129491,
        "typical_volume": 125081.85,
        "trend": 16.527667,
        "fair_value": 11.810794,
        "relative_strength": 21.827061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.764194,
        "energy": 58.038745,
        "activity_lines": [
          20.730667,
          20.239455,
          19.08081,
          17.980194
        ]
      },
      {
        "date": "2024-03-29",
        "close": 21.66,
        "volume": 68612,
        "typical_volume": 124991.75,
        "trend": 16.791333,
        "fair_value": 11.873358,
        "relative_strength": 21.879348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.741682,
        "energy": 58.871177,
        "activity_lines": [
          21.148,
          20.566545,
          19.442762,
          18.311312
        ]
      },
      {
        "date": "2024-04-05",
        "close": 20.92,
        "volume": 98928,
        "typical_volume": 125327.25,
        "trend": 17.064333,
        "fair_value": 11.933807,
        "relative_strength": 18.024479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.567953,
        "energy": 61.501862,
        "activity_lines": [
          21.194667,
          20.708,
          19.702381,
          18.577677
        ]
      },
      {
        "date": "2024-04-12",
        "close": 19.62,
        "volume": 103078,
        "typical_volume": 128503.65,
        "trend": 17.28,
        "fair_value": 11.98541,
        "relative_strength": 11.801545,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.97521,
        "energy": 47.275086,
        "activity_lines": [
          20.723333,
          20.580909,
          19.807762,
          18.742559
        ]
      },
      {
        "date": "2024-04-19",
        "close": 19.37,
        "volume": 136705,
        "typical_volume": 129784.35,
        "trend": 17.5,
        "fair_value": 12.037397,
        "relative_strength": 13.13814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.856724,
        "energy": 31.587515,
        "activity_lines": [
          20.189333,
          20.403636,
          19.866762,
          18.877398
        ]
      },
      {
        "date": "2024-04-26",
        "close": 19.81,
        "volume": 50180,
        "typical_volume": 123465.3,
        "trend": 17.718667,
        "fair_value": 12.092076,
        "relative_strength": 12.194838,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.22411,
        "energy": 22.015502,
        "activity_lines": [
          19.926,
          20.304545,
          19.947095,
          19.02643
        ]
      },
      {
        "date": "2024-05-03",
        "close": 20.12,
        "volume": 41110,
        "typical_volume": 118836.25,
        "trend": 17.931333,
        "fair_value": 12.149576,
        "relative_strength": 12.729861,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.872219,
        "energy": 22.5685,
        "activity_lines": [
          19.874,
          20.264182,
          20.033857,
          19.181355
        ]
      },
      {
        "date": "2024-05-10",
        "close": 20.85,
        "volume": 50536,
        "typical_volume": 110211.85,
        "trend": 18.128333,
        "fair_value": 12.213999,
        "relative_strength": 14.018387,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.521012,
        "energy": 22.650057,
        "activity_lines": [
          20.168,
          20.350727,
          20.165762,
          19.369656
        ]
      },
      {
        "date": "2024-05-17",
        "close": 23.3,
        "volume": 120829,
        "typical_volume": 114051.2,
        "trend": 18.415667,
        "fair_value": 12.296563,
        "relative_strength": 24.508152,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 79.14905,
        "energy": 51.266637,
        "activity_lines": [
          21.283333,
          20.860909,
          20.506524,
          19.703312
        ]
      },
      {
        "date": "2024-05-24",
        "close": 21.0,
        "volume": 148982,
        "typical_volume": 108345.7,
        "trend": 18.621333,
        "fair_value": 12.362846,
        "relative_strength": 11.564263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.713404,
        "energy": 45.643841,
        "activity_lines": [
          21.386667,
          20.891636,
          20.592952,
          19.870043
        ]
      },
      {
        "date": "2024-05-31",
        "close": 20.64,
        "volume": 83185,
        "typical_volume": 106249.2,
        "trend": 18.816,
        "fair_value": 12.425987,
        "relative_strength": 9.449476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.929537,
        "energy": 39.548791,
        "activity_lines": [
          21.261333,
          20.861091,
          20.635381,
          20.00028
        ]
      },
      {
        "date": "2024-06-07",
        "close": 20.59,
        "volume": 60295,
        "typical_volume": 99176.45,
        "trend": 19.003333,
        "fair_value": 12.487589,
        "relative_strength": 7.450616,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.101515,
        "energy": 34.220869,
        "activity_lines": [
          21.064,
          20.835818,
          20.663476,
          20.114731
        ]
      },
      {
        "date": "2024-06-14",
        "close": 19.86,
        "volume": 66526,
        "typical_volume": 99052.2,
        "trend": 19.181,
        "fair_value": 12.548871,
        "relative_strength": 1.707223,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.83136,
        "energy": 13.318592,
        "activity_lines": [
          20.592,
          20.697273,
          20.613762,
          20.17
        ]
      },
      {
        "date": "2024-06-21",
        "close": 20.02,
        "volume": 68587,
        "typical_volume": 92826.1,
        "trend": 19.352333,
        "fair_value": 12.609063,
        "relative_strength": 1.717388,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.061148,
        "energy": 14.696535,
        "activity_lines": [
          20.239333,
          20.607091,
          20.575905,
          20.224129
        ]
      },
      {
        "date": "2024-06-28",
        "close": 22.05,
        "volume": 140763,
        "typical_volume": 94503.7,
        "trend": 19.585667,
        "fair_value": 12.682717,
        "relative_strength": 11.61953,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 44.129528,
        "energy": 18.140868,
        "activity_lines": [
          20.782,
          20.878727,
          20.728238,
          20.398172
        ]
      },
      {
        "date": "2024-07-05",
        "close": 21.29,
        "volume": 82250,
        "typical_volume": 91133.45,
        "trend": 19.796667,
        "fair_value": 12.751628,
        "relative_strength": 5.495552,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.031088,
        "energy": 21.077142,
        "activity_lines": [
          21.001333,
          20.963455,
          20.794952,
          20.508129
        ]
      },
      {
        "date": "2024-07-12",
        "close": 23.59,
        "volume": 94950,
        "typical_volume": 93306.5,
        "trend": 20.083,
        "fair_value": 12.836499,
        "relative_strength": 15.203456,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 70.134246,
        "energy": 56.124995,
        "activity_lines": [
          21.944,
          21.439455,
          21.074286,
          20.75286
        ]
      },
      {
        "date": "2024-07-19",
        "close": 22.87,
        "volume": 110408,
        "typical_volume": 95962.4,
        "trend": 20.321667,
        "fair_value": 12.914769,
        "relative_strength": 13.362814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.338276,
        "energy": 63.409252,
        "activity_lines": [
          22.446667,
          21.721455,
          21.267,
          20.932667
        ]
      },
      {
        "date": "2024-07-26",
        "close": 24.27,
        "volume": 60271,
        "typical_volume": 95581.1,
        "trend": 20.601,
        "fair_value": 13.003038,
        "relative_strength": 20.570353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.888242,
        "energy": 73.057967,
        "activity_lines": [
          23.215333,
          22.221273,
          21.577714,
          21.187398
        ]
      },
      {
        "date": "2024-08-02",
        "close": 21.87,
        "volume": 65387,
        "typical_volume": 89053.65,
        "trend": 20.698,
        "fair_value": 13.076371,
        "relative_strength": 10.56265,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.35475,
        "energy": 60.936552,
        "activity_lines": [
          22.900667,
          22.267091,
          21.63919,
          21.269269
        ]
      },
      {
        "date": "2024-08-09",
        "close": 21.27,
        "volume": 68059,
        "typical_volume": 85982.05,
        "trend": 20.786,
        "fair_value": 13.141628,
        "relative_strength": 7.1175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.171762,
        "energy": 30.486653,
        "activity_lines": [
          22.398,
          22.188,
          21.640476,
          21.306172
        ]
      },
      {
        "date": "2024-08-16",
        "close": 22.27,
        "volume": 49949,
        "typical_volume": 85048.9,
        "trend": 20.9,
        "fair_value": 13.213679,
        "relative_strength": 7.564687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.982687,
        "energy": 22.178512,
        "activity_lines": [
          22.23,
          22.279273,
          21.737762,
          21.401914
        ]
      },
      {
        "date": "2024-08-23",
        "close": 22.63,
        "volume": 51397,
        "typical_volume": 82672.35,
        "trend": 21.016,
        "fair_value": 13.288166,
        "relative_strength": 7.383247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.102785,
        "energy": 18.09423,
        "activity_lines": [
          22.27,
          22.405455,
          21.866429,
          21.513527
        ]
      },
      {
        "date": "2024-08-30",
        "close": 26.01,
        "volume": 80169,
        "typical_volume": 81526.9,
        "trend": 21.237667,
        "fair_value": 13.385102,
        "relative_strength": 22.127828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.129126,
        "energy": 42.552026,
        "activity_lines": [
          23.452667,
          23.095818,
          22.308857,
          21.83572
        ]
      },
      {
        "date": "2024-09-06",
        "close": 23.46,
        "volume": 58943,
        "typical_volume": 77638.8,
        "trend": 21.377333,
        "fair_value": 13.466833,
        "relative_strength": 14.069987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.678776,
        "energy": 46.285682,
        "activity_lines": [
          23.669333,
          23.213636,
          22.478,
          21.979097
        ]
      },
      {
        "date": "2024-09-13",
        "close": 24.6,
        "volume": 50125,
        "typical_volume": 77636.05,
        "trend": 21.532667,
        "fair_value": 13.557794,
        "relative_strength": 14.208773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.627881,
        "energy": 57.790425,
        "activity_lines": [
          24.16,
          23.513091,
          22.736238,
          22.187011
        ]
      },
      {
        "date": "2024-09-20",
        "close": 22.76,
        "volume": 104407,
        "typical_volume": 80800.9,
        "trend": 21.631333,
        "fair_value": 13.637474,
        "relative_strength": 3.668323,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.427271,
        "energy": 44.433485,
        "activity_lines": [
          23.815333,
          23.417818,
          22.796429,
          22.266194
        ]
      },
      {
        "date": "2024-09-27",
        "close": 21.29,
        "volume": 75523,
        "typical_volume": 82050.25,
        "trend": 21.686,
        "fair_value": 13.70773,
        "relative_strength": -3.853136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 24.449963,
        "energy": 12.659838,
        "activity_lines": [
          22.948,
          23.070364,
          22.704048,
          22.244172
        ]
      },
      {
        "date": "2024-10-04",
        "close": 23.58,
        "volume": 60939,
        "typical_volume": 79055.75,
        "trend": 21.807667,
        "fair_value": 13.792858,
        "relative_strength": 5.74972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.369128,
        "energy": 16.284332,
        "activity_lines": [
          22.933333,
          23.168,
          22.827667,
          22.366366
        ]
      },
      {
        "date": "2024-10-11",
        "close": 22.89,
        "volume": 59036,
        "typical_volume": 74558.45,
        "trend": 21.863,
        "fair_value": 13.873243,
        "relative_strength": 1.266023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 28.998789,
        "energy": 17.089003,
        "activity_lines": [
          22.850667,
          23.152727,
          22.884238,
          22.436194
        ]
      },
      {
        "date": "2024-10-18",
        "close": 22.37,
        "volume": 83681,
        "typical_volume": 74583.25,
        "trend": 21.894333,
        "fair_value": 13.95007,
        "relative_strength": -2.024646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.228397,
        "energy": 14.864294,
        "activity_lines": [
          22.632667,
          23.024364,
          22.882286,
          22.468903
        ]
      },
      {
        "date": "2024-10-25",
        "close": 21.57,
        "volume": 84678,
        "typical_volume": 75802.4,
        "trend": 21.891333,
        "fair_value": 14.020839,
        "relative_strength": -4.653518,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.248802,
        "energy": 6.219831,
        "activity_lines": [
          22.296667,
          22.730545,
          22.795905,
          22.447978
        ]
      },
      {
        "date": "2024-11-01",
        "close": 21.57,
        "volume": 48956,
        "typical_volume": 74923.9,
        "trend": 21.913,
        "fair_value": 14.091865,
        "relative_strength": -3.472852,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.961304,
        "energy": 9.378905,
        "activity_lines": [
          22.04,
          22.449455,
          22.704857,
          22.427247
        ]
      },
      {
        "date": "2024-11-08",
        "close": 24.98,
        "volume": 108118,
        "typical_volume": 76900.45,
        "trend": 22.091667,
        "fair_value": 14.184429,
        "relative_strength": 6.33079,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 44.118736,
        "energy": 16.752335,
        "activity_lines": [
          22.901333,
          22.807636,
          22.930429,
          22.625118
        ]
      },
      {
        "date": "2024-11-15",
        "close": 22.89,
        "volume": 56638,
        "typical_volume": 72694.2,
        "trend": 22.209,
        "fair_value": 14.26507,
        "relative_strength": -0.807577,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.529654,
        "energy": 11.203419,
        "activity_lines": [
          22.972667,
          22.804545,
          22.933333,
          22.676624
        ]
      },
      {
        "date": "2024-11-22",
        "close": 23.68,
        "volume": 49153,
        "typical_volume": 71039.35,
        "trend": 22.338,
        "fair_value": 14.351215,
        "relative_strength": 0.607977,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.810652,
        "energy": 19.822525,
        "activity_lines": [
          23.307333,
          22.955455,
          23.007476,
          22.771527
        ]
      },
      {
        "date": "2024-11-29",
        "close": 24.25,
        "volume": 64240,
        "typical_volume": 69503.85,
        "trend": 22.475667,
        "fair_value": 14.442946,
        "relative_strength": 1.479343,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.469009,
        "energy": 35.528452,
        "activity_lines": [
          23.744667,
          23.226727,
          23.124524,
          22.894882
        ]
      },
      {
        "date": "2024-12-06",
        "close": 22.86,
        "volume": 90321,
        "typical_volume": 68499.5,
        "trend": 22.542667,
        "fair_value": 14.523908,
        "relative_strength": -5.379181,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.198759,
        "energy": 29.154735,
        "activity_lines": [
          23.54,
          23.218182,
          23.106048,
          22.919677
        ]
      },
      {
        "date": "2024-12-13",
        "close": 22.27,
        "volume": 63012,
        "typical_volume": 68636.55,
        "trend": 22.508333,
        "fair_value": 14.604933,
        "relative_strength": -7.477754,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.225762,
        "energy": 11.233499,
        "activity_lines": [
          23.052667,
          23.073818,
          23.031429,
          22.902086
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.99,
        "volume": 181573,
        "typical_volume": 74445.85,
        "trend": 22.574667,
        "fair_value": 14.689356,
        "relative_strength": -2.947206,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.431387,
        "energy": 10.244102,
        "activity_lines": [
          22.986,
          23.084182,
          23.034905,
          22.933161
        ]
      },
      {
        "date": "2024-12-27",
        "close": 21.87,
        "volume": 62972,
        "typical_volume": 74191.5,
        "trend": 22.615667,
        "fair_value": 14.765703,
        "relative_strength": -8.401572,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.654298,
        "energy": 12.671453,
        "activity_lines": [
          22.539333,
          22.889091,
          22.926381,
          22.887699
        ]
      },
      {
        "date": "2025-01-03",
        "close": 20.97,
        "volume": 85518,
        "typical_volume": 75969.95,
        "trend": 22.628333,
        "fair_value": 14.836087,
        "relative_strength": -11.478878,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.638328,
        "energy": 30.309123,
        "activity_lines": [
          21.913333,
          22.539455,
          22.729286,
          22.781527
        ]
      },
      {
        "date": "2025-01-10",
        "close": 19.05,
        "volume": 130607,
        "typical_volume": 79930.45,
        "trend": 22.601333,
        "fair_value": 14.8941,
        "relative_strength": -17.728728,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -75.982455,
        "energy": 66.275611,
        "activity_lines": [
          20.866,
          21.851636,
          22.355524,
          22.550667
        ]
      },
      {
        "date": "2025-01-17",
        "close": 19.74,
        "volume": 89608,
        "typical_volume": 80402.4,
        "trend": 22.592,
        "fair_value": 14.957754,
        "relative_strength": -16.924937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.812536,
        "energy": 69.872318,
        "activity_lines": [
          20.302667,
          21.335091,
          22.064524,
          22.366065
        ]
      },
      {
        "date": "2025-01-24",
        "close": 19.7,
        "volume": 100499,
        "typical_volume": 82480.2,
        "trend": 22.513667,
        "fair_value": 15.020382,
        "relative_strength": -18.217832,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.727685,
        "energy": 70.642699,
        "activity_lines": [
          19.894667,
          20.906545,
          21.799571,
          22.179484
        ]
      },
      {
        "date": "2025-01-31",
        "close": 20.13,
        "volume": 74629,
        "typical_volume": 83705.4,
        "trend": 22.475,
        "fair_value": 15.085831,
        "relative_strength": -15.323294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.735286,
        "energy": 66.210398,
        "activity_lines": [
          19.849333,
          20.614182,
          21.593476,
          22.025699
        ]
      },
      {
        "date": "2025-02-07",
        "close": 20.32,
        "volume": 48732,
        "typical_volume": 80921.65,
        "trend": 22.366,
        "fair_value": 15.150831,
        "relative_strength": -14.160821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.784904,
        "energy": 52.167194,
        "activity_lines": [
          19.983333,
          20.420909,
          21.426762,
          21.886667
        ]
      },
      {
        "date": "2025-02-14",
        "close": 20.01,
        "volume": 41599,
        "typical_volume": 79225.45,
        "trend": 22.270667,
        "fair_value": 15.211753,
        "relative_strength": -16.397883,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.000609,
        "energy": 40.019054,
        "activity_lines": [
          20.057333,
          20.242727,
          21.242143,
          21.734667
        ]
      },
      {
        "date": "2025-02-21",
        "close": 19.9,
        "volume": 55917,
        "typical_volume": 78974.35,
        "trend": 22.125,
        "fair_value": 15.272522,
        "relative_strength": -15.242569,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.680971,
        "energy": 36.81091,
        "activity_lines": [
          20.030667,
          20.096364,
          21.053143,
          21.58172
        ]
      },
      {
        "date": "2025-02-28",
        "close": 19.46,
        "volume": 74888,
        "typical_volume": 79766.95,
        "trend": 22.044667,
        "fair_value": 15.328676,
        "relative_strength": -16.06337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.476539,
        "energy": 38.58056,
        "activity_lines": [
          19.846667,
          19.913091,
          20.839762,
          21.409785
        ]
      },
      {
        "date": "2025-03-07",
        "close": 19.75,
        "volume": 60331,
        "typical_volume": 78599.45,
        "trend": 21.994,
        "fair_value": 15.387009,
        "relative_strength": -11.887787,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.422366,
        "energy": 37.321941,
        "activity_lines": [
          19.775333,
          19.846727,
          20.670333,
          21.261742
        ]
      },
      {
        "date": "2025-03-14",
        "close": 18.03,
        "volume": 97694,
        "typical_volume": 79250.25,
        "trend": 21.852667,
        "fair_value": 15.429253,
        "relative_strength": -17.278574,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.063289,
        "energy": 52.939482,
        "activity_lines": [
          19.156,
          19.506182,
          20.349571,
          21.006
        ]
      },
      {
        "date": "2025-03-21",
        "close": 18.09,
        "volume": 92938,
        "typical_volume": 81449.35,
        "trend": 21.701333,
        "fair_value": 15.474381,
        "relative_strength": -17.030949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.23666,
        "energy": 65.842463,
        "activity_lines": [
          18.709333,
          19.23,
          20.051381,
          20.763247
        ]
      },
      {
        "date": "2025-03-28",
        "close": 18.14,
        "volume": 46454,
        "typical_volume": 78366.15,
        "trend": 21.439,
        "fair_value": 15.518868,
        "relative_strength": -15.163874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.977298,
        "energy": 67.357204,
        "activity_lines": [
          18.407333,
          18.980364,
          19.774524,
          20.533484
        ]
      },
      {
        "date": "2025-04-04",
        "close": 15.91,
        "volume": 113636,
        "typical_volume": 81216.05,
        "trend": 21.187333,
        "fair_value": 15.549637,
        "relative_strength": -17.788843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.15179,
        "energy": 84.028858,
        "activity_lines": [
          17.479333,
          18.354364,
          19.317857,
          20.176774
        ]
      },
      {
        "date": "2025-04-11",
        "close": 15.91,
        "volume": 120727,
        "typical_volume": 84794.75,
        "trend": 20.897667,
        "fair_value": 15.578291,
        "relative_strength": -21.844674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.832532,
        "energy": 85.089117,
        "activity_lines": [
          16.788,
          17.797273,
          18.894429,
          19.836301
        ]
      },
      {
        "date": "2025-04-18",
        "close": 15.0,
        "volume": 84941,
        "typical_volume": 85829.8,
        "trend": 20.639,
        "fair_value": 15.599124,
        "relative_strength": -24.839294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.126944,
        "energy": 90.099655,
        "activity_lines": [
          16.049333,
          17.151455,
          18.421333,
          19.455806
        ]
      },
      {
        "date": "2025-04-25",
        "close": 15.55,
        "volume": 110215,
        "typical_volume": 86824.5,
        "trend": 20.447667,
        "fair_value": 15.62515,
        "relative_strength": -25.08521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.423838,
        "energy": 84.325874,
        "activity_lines": [
          15.696,
          16.702364,
          18.044667,
          19.127484
        ]
      },
      {
        "date": "2025-05-02",
        "close": 15.29,
        "volume": 100555,
        "typical_volume": 88701.65,
        "trend": 20.171333,
        "fair_value": 15.651047,
        "relative_strength": -27.959827,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.867234,
        "energy": 78.769174,
        "activity_lines": [
          15.425333,
          16.287091,
          17.678048,
          18.794731
        ]
      },
      {
        "date": "2025-05-09",
        "close": 14.79,
        "volume": 113405,
        "typical_volume": 85293.25,
        "trend": 19.901333,
        "fair_value": 15.67406,
        "relative_strength": -29.497914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.887399,
        "energy": 75.459285,
        "activity_lines": [
          15.178,
          15.864727,
          17.297048,
          18.447548
        ]
      },
      {
        "date": "2025-05-16",
        "close": 17.04,
        "volume": 155965,
        "typical_volume": 89942.9,
        "trend": 19.723667,
        "fair_value": 15.713419,
        "relative_strength": -22.214926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.484009,
        "energy": 50.22901,
        "activity_lines": [
          15.755333,
          15.936364,
          17.169381,
          18.262946
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.61,
        "volume": 67399,
        "typical_volume": 89036.95,
        "trend": 19.525,
        "fair_value": 15.744188,
        "relative_strength": -26.378487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.645869,
        "energy": 45.181364,
        "activity_lines": [
          15.780667,
          15.797273,
          16.928524,
          17.997548
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.88,
        "volume": 64273,
        "typical_volume": 85720.25,
        "trend": 19.335333,
        "fair_value": 15.777714,
        "relative_strength": -25.91755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.609773,
        "energy": 35.587181,
        "activity_lines": [
          15.855333,
          15.751273,
          16.738905,
          17.762387
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.86,
        "volume": 76700,
        "typical_volume": 85074.85,
        "trend": 19.064667,
        "fair_value": 15.817971,
        "relative_strength": -22.176876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.365347,
        "energy": 23.47382,
        "activity_lines": [
          16.234667,
          15.923636,
          16.657714,
          17.602688
        ]
      },
      {
        "date": "2025-06-13",
        "close": 17.31,
        "volume": 103336,
        "typical_volume": 85216.7,
        "trend": 18.878667,
        "fair_value": 15.867009,
        "relative_strength": -19.468178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.881404,
        "energy": 19.443395,
        "activity_lines": [
          16.659333,
          16.201091,
          16.633095,
          17.489484
        ]
      },
      {
        "date": "2025-06-20",
        "close": 16.39,
        "volume": 91598,
        "typical_volume": 86065.15,
        "trend": 18.635667,
        "fair_value": 15.910535,
        "relative_strength": -23.23137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.355498,
        "energy": 17.269039,
        "activity_lines": [
          16.609333,
          16.285818,
          16.532238,
          17.328925
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.36,
        "volume": 178643,
        "typical_volume": 92560.7,
        "trend": 18.439333,
        "fair_value": 15.967778,
        "relative_strength": -16.389704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -2.280451,
        "energy": 10.72752,
        "activity_lines": [
          17.259333,
          16.72,
          16.63681,
          17.31114
        ]
      },
      {
        "date": "2025-07-04",
        "close": 18.3,
        "volume": 66885,
        "typical_volume": 93825.0,
        "trend": 18.287333,
        "fair_value": 16.02235,
        "relative_strength": -17.627155,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.663962,
        "energy": 14.505404,
        "activity_lines": [
          17.706,
          17.082182,
          16.745,
          17.302151
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.35,
        "volume": 54458,
        "typical_volume": 93752.05,
        "trend": 18.123333,
        "fair_value": 16.073074,
        "relative_strength": -21.054295,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.054555,
        "energy": 15.069573,
        "activity_lines": [
          17.674667,
          17.221636,
          16.770857,
          17.241677
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.01,
        "volume": 74669,
        "typical_volume": 93741.1,
        "trend": 17.924,
        "fair_value": 16.121408,
        "relative_strength": -22.451945,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.283672,
        "energy": 14.408975,
        "activity_lines": [
          17.497333,
          17.261818,
          16.776476,
          17.169849
        ]
      },
      {
        "date": "2025-07-25",
        "close": 17.33,
        "volume": 46823,
        "typical_volume": 93065.7,
        "trend": 17.772667,
        "fair_value": 16.171536,
        "relative_strength": -21.398202,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.362023,
        "energy": 11.298728,
        "activity_lines": [
          17.446667,
          17.319818,
          16.824238,
          17.131527
        ]
      },
      {
        "date": "2025-08-01",
        "close": 16.41,
        "volume": 114915,
        "typical_volume": 93926.75,
        "trend": 17.620667,
        "fair_value": 16.216536,
        "relative_strength": -23.081963,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.813907,
        "energy": 16.46437,
        "activity_lines": [
          17.026667,
          17.205273,
          16.795905,
          17.043613
        ]
      },
      {
        "date": "2025-08-08",
        "close": 16.89,
        "volume": 69376,
        "typical_volume": 92748.65,
        "trend": 17.548667,
        "fair_value": 16.262305,
        "relative_strength": -22.146683,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.900412,
        "energy": 16.138171,
        "activity_lines": [
          16.896667,
          17.163455,
          16.821,
          16.996473
        ]
      },
      {
        "date": "2025-08-15",
        "close": 17.12,
        "volume": 57823,
        "typical_volume": 93317.1,
        "trend": 17.461333,
        "fair_value": 16.310382,
        "relative_strength": -21.228344,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.747774,
        "energy": 15.30525,
        "activity_lines": [
          16.937333,
          17.145091,
          16.873714,
          16.968817
        ]
      },
      {
        "date": "2025-08-22",
        "close": 17.11,
        "volume": 142612,
        "typical_volume": 94765.9,
        "trend": 17.375,
        "fair_value": 16.357241,
        "relative_strength": -20.860724,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.686902,
        "energy": 14.689761,
        "activity_lines": [
          16.99,
          17.120182,
          16.930333,
          16.946151
        ]
      },
      {
        "date": "2025-08-29",
        "close": 17.38,
        "volume": 44371,
        "typical_volume": 90948.1,
        "trend": 17.283333,
        "fair_value": 16.408972,
        "relative_strength": -18.656276,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.226428,
        "energy": 6.166379,
        "activity_lines": [
          17.126,
          17.148,
          17.006952,
          16.946473
        ]
      },
      {
        "date": "2025-09-05",
        "close": 16.99,
        "volume": 82330,
        "typical_volume": 90817.55,
        "trend": 17.172333,
        "fair_value": 16.459677,
        "relative_strength": -19.927573,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.626969,
        "energy": 5.211589,
        "activity_lines": [
          17.128667,
          17.086909,
          17.039429,
          16.927548
        ]
      },
      {
        "date": "2025-09-12",
        "close": 18.74,
        "volume": 98748,
        "typical_volume": 90244.2,
        "trend": 17.13,
        "fair_value": 16.524036,
        "relative_strength": -12.232303,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.380991,
        "energy": 33.537013,
        "activity_lines": [
          17.676,
          17.368909,
          17.229095,
          17.028688
        ]
      },
      {
        "date": "2025-09-19",
        "close": 19.06,
        "volume": 114752,
        "typical_volume": 90954.05,
        "trend": 17.102,
        "fair_value": 16.588331,
        "relative_strength": -11.203123,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 65.382694,
        "energy": 57.353015,
        "activity_lines": [
          18.206667,
          17.701091,
          17.434048,
          17.153204
        ]
      },
      {
        "date": "2025-09-26",
        "close": 19.03,
        "volume": 66125,
        "typical_volume": 88590.05,
        "trend": 17.087667,
        "fair_value": 16.651279,
        "relative_strength": -10.615249,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.122954,
        "energy": 63.48079,
        "activity_lines": [
          18.598,
          17.996727,
          17.61819,
          17.277591
        ]
      },
      {
        "date": "2025-10-03",
        "close": 17.95,
        "volume": 79899,
        "typical_volume": 84786.75,
        "trend": 17.027667,
        "fair_value": 16.709933,
        "relative_strength": -15.873335,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.507944,
        "energy": 58.807428,
        "activity_lines": [
          18.501333,
          18.059273,
          17.679286,
          17.333226
        ]
      },
      {
        "date": "2025-10-10",
        "close": 16.46,
        "volume": 101550,
        "typical_volume": 86494.3,
        "trend": 16.975333,
        "fair_value": 16.76051,
        "relative_strength": -20.233541,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.871312,
        "energy": 21.489607,
        "activity_lines": [
          17.87,
          17.839636,
          17.594143,
          17.296602
        ]
      },
      {
        "date": "2025-10-17",
        "close": 16.13,
        "volume": 89638,
        "typical_volume": 87762.55,
        "trend": 16.91,
        "fair_value": 16.810382,
        "relative_strength": -22.488758,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 10.587445,
        "energy": 11.330709,
        "activity_lines": [
          17.164,
          17.559091,
          17.473524,
          17.242065
        ]
      },
      {
        "date": "2025-10-24",
        "close": 16.05,
        "volume": 46414,
        "typical_volume": 86248.25,
        "trend": 16.840333,
        "fair_value": 16.856859,
        "relative_strength": -23.681544,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -20.677018,
        "energy": 25.554507,
        "activity_lines": [
          16.605333,
          17.277818,
          17.344095,
          17.186581
        ]
      },
      {
        "date": "2025-10-31",
        "close": 16.0,
        "volume": 97827,
        "typical_volume": 85972.8,
        "trend": 16.843333,
        "fair_value": 16.905385,
        "relative_strength": -23.75834,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -22.014613,
        "energy": 30.254988,
        "activity_lines": [
          16.230667,
          17.006909,
          17.213762,
          17.132366
        ]
      },
      {
        "date": "2025-11-07",
        "close": 14.87,
        "volume": 110025,
        "typical_volume": 86894.15,
        "trend": 16.808667,
        "fair_value": 16.941731,
        "relative_strength": -27.05523,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.452313,
        "energy": 55.508979,
        "activity_lines": [
          15.681333,
          16.550727,
          16.982048,
          17.005054
        ]
      },
      {
        "date": "2025-11-14",
        "close": 14.6,
        "volume": 103760,
        "typical_volume": 83150.0,
        "trend": 16.795333,
        "fair_value": 16.975833,
        "relative_strength": -27.666018,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.607408,
        "energy": 61.551599,
        "activity_lines": [
          15.247333,
          16.091091,
          16.731857,
          16.862559
        ]
      },
      {
        "date": "2025-11-21",
        "close": 14.46,
        "volume": 198342,
        "typical_volume": 89722.85,
        "trend": 16.759,
        "fair_value": 17.006987,
        "relative_strength": -26.091241,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -71.104406,
        "energy": 72.259101,
        "activity_lines": [
          14.890667,
          15.649455,
          16.486238,
          16.711892
        ]
      },
      {
        "date": "2025-11-28",
        "close": 15.85,
        "volume": 109533,
        "typical_volume": 92476.6,
        "trend": 16.777667,
        "fair_value": 17.049936,
        "relative_strength": -20.976526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.140623,
        "energy": 59.119105,
        "activity_lines": [
          15.108667,
          15.538364,
          16.391286,
          16.653247
        ]
      },
      {
        "date": "2025-12-05",
        "close": 16.46,
        "volume": 339429,
        "typical_volume": 105714.6,
        "trend": 16.833333,
        "fair_value": 17.09859,
        "relative_strength": -17.449976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.056708,
        "energy": 35.128453,
        "activity_lines": [
          15.543333,
          15.596545,
          16.361571,
          16.632753
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17.14,
        "volume": 216446,
        "typical_volume": 114195.75,
        "trend": 16.836667,
        "fair_value": 17.150449,
        "relative_strength": -12.84304,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.582742,
        "energy": 15.212663,
        "activity_lines": [
          16.174,
          15.825091,
          16.399238,
          16.652538
        ]
      },
      {
        "date": "2025-12-19",
        "close": 16.91,
        "volume": 158851,
        "typical_volume": 116392.55,
        "trend": 16.88,
        "fair_value": 17.199103,
        "relative_strength": -13.280478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.825338,
        "energy": 21.315031,
        "activity_lines": [
          16.576667,
          16.026545,
          16.415905,
          16.657269
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17.35,
        "volume": 59476,
        "typical_volume": 115897.55,
        "trend": 16.929,
        "fair_value": 17.249936,
        "relative_strength": -11.561428,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 7.809063,
        "energy": 20.991549,
        "activity_lines": [
          16.972,
          16.299818,
          16.472095,
          16.687591
        ]
      },
      {
        "date": "2026-01-02",
        "close": 16.72,
        "volume": 77870,
        "typical_volume": 116899.9,
        "trend": 16.924333,
        "fair_value": 17.295769,
        "relative_strength": -13.214533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 2.92277,
        "energy": 17.349003,
        "activity_lines": [
          16.964667,
          16.436364,
          16.466095,
          16.674108
        ]
      },
      {
        "date": "2026-01-09",
        "close": 16.84,
        "volume": 91290,
        "typical_volume": 114333.8,
        "trend": 16.908667,
        "fair_value": 17.339615,
        "relative_strength": -13.436726,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.303786,
        "energy": 16.761596,
        "activity_lines": [
          16.939333,
          16.582545,
          16.473429,
          16.668667
        ]
      },
      {
        "date": "2026-01-16",
        "close": 16.93,
        "volume": 71098,
        "typical_volume": 115670.15,
        "trend": 16.926667,
        "fair_value": 17.390192,
        "relative_strength": -12.131739,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.389342,
        "energy": 12.149568,
        "activity_lines": [
          16.918667,
          16.729818,
          16.490619,
          16.670043
        ]
      },
      {
        "date": "2026-01-23",
        "close": 17.13,
        "volume": 44059,
        "typical_volume": 113756.6,
        "trend": 16.885667,
        "fair_value": 17.441923,
        "relative_strength": -10.289246,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.483077,
        "energy": 13.117816,
        "activity_lines": [
          16.978667,
          16.876,
          16.529,
          16.683161
        ]
      },
      {
        "date": "2026-01-30",
        "close": 17.13,
        "volume": 60935,
        "typical_volume": 111865.95,
        "trend": 16.846667,
        "fair_value": 17.494615,
        "relative_strength": -10.077412,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.104771,
        "energy": 15.6428,
        "activity_lines": [
          17.024,
          16.976182,
          16.566714,
          16.698925
        ]
      },
      {
        "date": "2026-02-06",
        "close": 17.12,
        "volume": 88056,
        "typical_volume": 110531.15,
        "trend": 16.839,
        "fair_value": 17.545321,
        "relative_strength": -9.357143,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 15.988198,
        "energy": 20.707943,
        "activity_lines": [
          17.080667,
          17.026,
          16.611143,
          16.716559
        ]
      },
      {
        "date": "2026-02-13",
        "close": 16.78,
        "volume": 69913,
        "typical_volume": 110720.55,
        "trend": 16.831333,
        "fair_value": 17.593654,
        "relative_strength": -9.454434,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 13.457636,
        "energy": 14.448418,
        "activity_lines": [
          16.997333,
          16.990909,
          16.632429,
          16.712753
        ]
      },
      {
        "date": "2026-02-20",
        "close": 17.12,
        "volume": 43978,
        "typical_volume": 108924.5,
        "trend": 16.824333,
        "fair_value": 17.645064,
        "relative_strength": -8.081412,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 16.834353,
        "energy": 12.807656,
        "activity_lines": [
          17.031333,
          17.011818,
          16.69681,
          16.731376
        ]
      },
      {
        "date": "2026-02-27",
        "close": 16.45,
        "volume": 192652,
        "typical_volume": 113479.6,
        "trend": 16.825667,
        "fair_value": 17.691731,
        "relative_strength": -10.653554,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -9.247572,
        "energy": 6.596699,
        "activity_lines": [
          16.829333,
          16.911273,
          16.701333,
          16.707226
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.45,
        "volume": 75450,
        "typical_volume": 112770.2,
        "trend": 16.811,
        "fair_value": 17.738077,
        "relative_strength": -8.172006,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.681286,
        "energy": 9.171004,
        "activity_lines": [
          16.672667,
          16.819091,
          16.705905,
          16.682989
        ]
      },
      {
        "date": "2026-03-13",
        "close": 15.91,
        "volume": 94797,
        "typical_volume": 115189.35,
        "trend": 16.770667,
        "fair_value": 17.78109,
        "relative_strength": -9.2841,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.550285,
        "energy": 31.005185,
        "activity_lines": [
          16.381333,
          16.645091,
          16.657524,
          16.62486
        ]
      },
      {
        "date": "2026-03-20",
        "close": 15.46,
        "volume": 129812,
        "typical_volume": 116788.6,
        "trend": 16.715667,
        "fair_value": 17.807436,
        "relative_strength": -9.670883,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -62.342306,
        "energy": 56.990477,
        "activity_lines": [
          16.020667,
          16.404,
          16.566952,
          16.540301
        ]
      },
      {
        "date": "2026-03-27",
        "close": 15.26,
        "volume": 63576,
        "typical_volume": 114466.15,
        "trend": 16.645,
        "fair_value": 17.82859,
        "relative_strength": -8.204374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.907015,
        "energy": 68.497504,
        "activity_lines": [
          15.681333,
          16.151636,
          16.459905,
          16.446387
        ]
      },
      {
        "date": "2026-04-03",
        "close": 16.01,
        "volume": 122175,
        "typical_volume": 115386.9,
        "trend": 16.612333,
        "fair_value": 17.855705,
        "relative_strength": -6.374526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.471343,
        "energy": 63.467238,
        "activity_lines": [
          15.716,
          16.066,
          16.422429,
          16.405419
        ]
      },
      {
        "date": "2026-04-10",
        "close": 15.9,
        "volume": 64245,
        "typical_volume": 108682.05,
        "trend": 16.517667,
        "fair_value": 17.879551,
        "relative_strength": -9.803242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.446505,
        "energy": 54.748577,
        "activity_lines": [
          15.743333,
          15.980727,
          16.367762,
          16.359462
        ]
      },
      {
        "date": "2026-04-17",
        "close": 16.38,
        "volume": 81118,
        "typical_volume": 107261.3,
        "trend": 16.428333,
        "fair_value": 17.912949,
        "relative_strength": -10.713771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.196885,
        "energy": 26.415265,
        "activity_lines": [
          15.967333,
          16.005091,
          16.351952,
          16.350581
        ]
      },
      {
        "date": "2026-04-24",
        "close": 15.54,
        "volume": 67747,
        "typical_volume": 93677.2,
        "trend": 16.312,
        "fair_value": 17.9325,
        "relative_strength": -15.314912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.941349,
        "energy": 28.633151,
        "activity_lines": [
          15.88,
          15.890182,
          16.253619,
          16.293269
        ]
      },
      {
        "date": "2026-05-01",
        "close": 15.46,
        "volume": 75975,
        "typical_volume": 86653.65,
        "trend": 16.229,
        "fair_value": 17.951795,
        "relative_strength": -16.169368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -31.074514,
        "energy": 21.914725,
        "activity_lines": [
          15.760667,
          15.783273,
          16.152048,
          16.238301
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.66,
        "volume": 61923,
        "typical_volume": 81807.25,
        "trend": 16.202333,
        "fair_value": 17.975385,
        "relative_strength": -16.708131,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.87614,
        "energy": 29.738629,
        "activity_lines": [
          15.694667,
          15.742909,
          16.077524,
          16.201591
        ]
      },
      {
        "date": "2026-05-15",
        "close": 14.95,
        "volume": 43872,
        "typical_volume": 81027.05,
        "trend": 16.163,
        "fair_value": 17.987244,
        "relative_strength": -20.122018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.197252,
        "energy": 56.888845,
        "activity_lines": [
          15.415333,
          15.587818,
          15.941333,
          16.120796
        ]
      },
      {
        "date": "2026-05-22",
        "close": 17.3,
        "volume": 114379,
        "typical_volume": 82852.5,
        "trend": 16.204667,
        "fair_value": 18.021538,
        "relative_strength": -8.084384,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -12.637137,
        "energy": 8.577609,
        "activity_lines": [
          15.982667,
          15.887273,
          16.040381,
          16.194151
        ]
      },
      {
        "date": "2026-05-29",
        "close": 16.93,
        "volume": 31985,
        "typical_volume": 79887.25,
        "trend": 16.235667,
        "fair_value": 18.053141,
        "relative_strength": -11.008822,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.873783,
        "energy": 13.439947,
        "activity_lines": [
          16.365333,
          16.094182,
          16.101429,
          16.240946
        ]
      },
      {
        "date": "2026-06-05",
        "close": 17.08,
        "volume": 80159,
        "typical_volume": 80340.3,
        "trend": 16.309333,
        "fair_value": 18.075577,
        "relative_strength": -7.540967,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.783056,
        "energy": 21.776773,
        "activity_lines": [
          16.705333,
          16.301636,
          16.176333,
          16.295419
        ]
      },
      {
        "date": "2026-06-12",
        "close": 18.28,
        "volume": 66628,
        "typical_volume": 81468.75,
        "trend": 16.432,
        "fair_value": 18.104038,
        "relative_strength": -1.25025,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 37.815641,
        "energy": 40.486121,
        "activity_lines": [
          17.337333,
          16.694182,
          16.36481,
          16.422559
        ]
      },
      {
        "date": "2026-06-19",
        "close": 18.44,
        "volume": 70602,
        "typical_volume": 81952.1,
        "trend": 16.564667,
        "fair_value": 18.129359,
        "relative_strength": -1.060546,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.410144,
        "energy": 64.741347,
        "activity_lines": [
          17.848,
          17.074545,
          16.563048,
          16.552108
        ]
      },
      {
        "date": "2026-06-26",
        "close": 19.92,
        "volume": 193498,
        "typical_volume": 87224.2,
        "trend": 16.700333,
        "fair_value": 18.165769,
        "relative_strength": 9.72478,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 87.198796,
        "energy": 84.738054,
        "activity_lines": [
          18.619333,
          17.677818,
          16.896,
          16.768581
        ]
      },
      {
        "date": "2026-07-03",
        "close": 17.5,
        "volume": 67615,
        "typical_volume": 87109.3,
        "trend": 16.735,
        "fair_value": 18.184038,
        "relative_strength": -5.203039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.142783,
        "energy": 69.366773,
        "activity_lines": [
          18.409333,
          17.776727,
          16.985143,
          16.820172
        ]
      },
      {
        "date": "2026-07-10",
        "close": 16.33,
        "volume": 86087,
        "typical_volume": 89214.75,
        "trend": 16.708,
        "fair_value": 18.195769,
        "relative_strength": -12.290319,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.63722,
        "energy": 33.775099,
        "activity_lines": [
          17.771333,
          17.627273,
          16.959429,
          16.794043
        ]
      },
      {
        "date": "2026-07-17",
        "close": 16.84,
        "volume": 53758,
        "typical_volume": 82270.05,
        "trend": 16.705667,
        "fair_value": 18.211603,
        "relative_strength": -7.790822,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.735397,
        "energy": 21.164566,
        "activity_lines": [
          17.353333,
          17.554727,
          16.986048,
          16.802559
        ]
      },
      {
        "date": "2026-07-24",
        "close": 17.17,
        "volume": 80452,
        "typical_volume": 82520.15,
        "trend": 16.699667,
        "fair_value": 18.226667,
        "relative_strength": -5.112333,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.589785,
        "energy": 21.834795,
        "activity_lines": [
          17.141333,
          17.520727,
          17.042238,
          16.832516
        ]
      },
      {
        "date": "2026-07-31",
        "close": 17.34,
        "volume": 94105,
        "typical_volume": 82485.55,
        "trend": 16.720333,
        "fair_value": 18.243397,
        "relative_strength": -4.952569,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.894133,
        "energy": 20.261658,
        "activity_lines": [
          17.070667,
          17.477273,
          17.11119,
          16.873828
        ]
      },
      {
        "date": "2026-08-07",
        "close": 17.32,
        "volume": 112796,
        "typical_volume": 81634.75,
        "trend": 16.736333,
        "fair_value": 18.261987,
        "relative_strength": -7.963599,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.514608,
        "energy": 14.927233,
        "activity_lines": [
          17.165333,
          17.429455,
          17.171429,
          16.912516
        ]
      }
    ],
    "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."
    }
  }
}