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    "symbol": "TSLD",
    "name": "IncomeShares Tesla TSLA Options ETP",
    "exchange": "LSE",
    "country": "GB",
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    "phase": "4b",
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        "date": "2026-07-17",
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      },
      {
        "date": "2026-07-24",
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        "trend": 356.812831,
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        "relative_strength": -44.597224,
        "stage": 4,
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        "modifier": "Established contraction",
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        "energy": 93.088629,
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      },
      {
        "date": "2026-07-31",
        "close": 231.3,
        "volume": 16135,
        "typical_volume": 53644.75,
        "trend": 349.94759,
        "fair_value": 470.087305,
        "relative_strength": -45.872325,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.257429,
        "energy": 94.792577,
        "activity_lines": [
          257.863333,
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      },
      {
        "date": "2026-08-07",
        "close": 234.4,
        "volume": 77712,
        "typical_volume": 53897.45,
        "trend": 343.185682,
        "fair_value": 467.799079,
        "relative_strength": -44.797774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.983485,
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      }
    ],
    "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."
    }
  }
}