{
  "ticker": {
    "uuid": "bc28c970-3b1b-4d10-8790-eccb575685b9",
    "symbol": "CBUQ",
    "name": "iShares MSCI ACWI SRI UCITS ETF",
    "exchange": "GER",
    "country": "DE",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 65.309,
    "architecture_energy": 46.084,
    "architecture_maturity": 63.106,
    "architecture_confidence": 80.088,
    "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": 20.05,
        "rotation_up": 43.23,
        "upward_expansion": 69.06,
        "deceleration": 85.46,
        "rotation_down": 27.61,
        "downward_expansion": 19.06
      },
      "activity_lines": [
        7.134467,
        7.145568,
        7.040837,
        6.905009
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 7.268,
    "trend_reference": 6.752588,
    "distance_from_trend": 0.076328,
    "trend_direction": "Improving",
    "fair_value": 5.839236,
    "distance_from_fair_value": 0.244683,
    "fair_value_direction": "Improving",
    "relative_strength": 3.343801,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.120222,
    "excess_performance": 0.055582,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.076328,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.044917,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.244683,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.038035,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.033438,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.05432,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.120222,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.879266,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 41192,
      "relative_activity": 0.636586,
      "balance": 3.879266,
      "dry_up": 0.906442,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.021097,
      "annualized_volatility": 0.121493,
      "from_high_reference": -0.001511,
      "from_low_reference": 0.239491
    },
    "levels": {
      "trend_reference": 6.752588,
      "fair_value_reference": 5.839236,
      "structural_low": 6.107,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.003932,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.017343,
        "regime_survival": 0.0,
        "best_return": 0.053934,
        "worst_return": -0.014209,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.031735,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.038663,
        "regime_survival": 0.0,
        "best_return": 0.151371,
        "worst_return": -0.175403,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.026018,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.070186,
        "regime_survival": 0.0,
        "best_return": 0.107182,
        "worst_return": -0.055145,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.05246,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.157733,
        "regime_survival": 0.0,
        "best_return": 0.05246,
        "worst_return": 0.05246,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-06-14",
        "end": "2025-01-10",
        "tenure": "Extended",
        "return": 0.095871,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-01-24",
        "tenure": "New",
        "return": -0.004421,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": -0.028884,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.091161,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.140919,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.00055,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-18",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.017343,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.056435,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2025-12-19",
        "tenure": "New",
        "return": -0.000834,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-26",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": -0.024301,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.05708,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-07-31",
        "tenure": "Established",
        "return": 0.05395,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 4.724731,
        "volume": 11023,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 4.795646,
        "volume": 4986,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 4.92059,
        "volume": 25019,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 4.89261,
        "volume": 2184,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 4.935062,
        "volume": 72924,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 4.811565,
        "volume": 1239,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 4.786962,
        "volume": 15964,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 4.739686,
        "volume": 7897,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 4.806741,
        "volume": 27029,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4.625837,
        "volume": 5505,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4.559747,
        "volume": 10939,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4.757535,
        "volume": 18659,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 4.744028,
        "volume": 881,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4.847264,
        "volume": 4127,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4.882962,
        "volume": 5652,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 4.947605,
        "volume": 17638,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.991987,
        "volume": 11160,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 5.082448,
        "volume": 14590,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 5.06592,
        "volume": 29203,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 5.093141,
        "volume": 5107,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 5.038701,
        "volume": 14263,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 5.062032,
        "volume": 5956,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 5.062032,
        "volume": 67773,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 5.163136,
        "volume": 196156,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 5.214661,
        "volume": 18037,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 5.276879,
        "volume": 92239,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 5.332293,
        "volume": 80694,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 5.343958,
        "volume": 109497,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 5.362429,
        "volume": 155667,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 5.357568,
        "volume": 245086,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 5.315765,
        "volume": 80172,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 5.444091,
        "volume": 88455,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 5.479088,
        "volume": 4617,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 5.371179,
        "volume": 41161,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 5.379928,
        "volume": 19085,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 5.221466,
        "volume": 48602,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 5.332293,
        "volume": 359364,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 5.342986,
        "volume": 99825,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 5.431452,
        "volume": 36740,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 5.46159,
        "volume": 23779,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 5.426591,
        "volume": 85369,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 5.325487,
        "volume": 33283,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 5.468395,
        "volume": 125293,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 5.532255,
        "volume": 6488,
        "typical_volume": 87672.65,
        "trend": 5.260344,
        "fair_value": 4.891212,
        "relative_strength": 1.322957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.029537,
        "energy": 49.006605,
        "activity_lines": [
          5.455073,
          5.422666,
          5.396935,
          5.347288
        ]
      },
      {
        "date": "2024-06-21",
        "close": 5.587175,
        "volume": 17336,
        "typical_volume": 87637.6,
        "trend": 5.283818,
        "fair_value": 4.899804,
        "relative_strength": 1.376496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.181659,
        "energy": 62.776237,
        "activity_lines": [
          5.503176,
          5.458108,
          5.417522,
          5.368374
        ]
      },
      {
        "date": "2024-06-28",
        "close": 5.603848,
        "volume": 8718,
        "typical_volume": 83461.55,
        "trend": 5.305692,
        "fair_value": 4.90839,
        "relative_strength": 1.238357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.377742,
        "energy": 82.140647,
        "activity_lines": [
          5.548465,
          5.492813,
          5.437922,
          5.389021
        ]
      },
      {
        "date": "2024-07-05",
        "close": 5.616598,
        "volume": 70558,
        "typical_volume": 82954.75,
        "trend": 5.326513,
        "fair_value": 4.916922,
        "relative_strength": 0.174364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.308207,
        "energy": 84.884473,
        "activity_lines": [
          5.586187,
          5.522884,
          5.45798,
          5.40908
        ]
      },
      {
        "date": "2024-07-12",
        "close": 5.71467,
        "volume": 73750,
        "typical_volume": 81167.4,
        "trend": 5.347587,
        "fair_value": 4.926419,
        "relative_strength": 0.409955,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.554872,
        "energy": 91.072624,
        "activity_lines": [
          5.637193,
          5.565617,
          5.486024,
          5.434122
        ]
      },
      {
        "date": "2024-07-19",
        "close": 5.571485,
        "volume": 84323,
        "typical_volume": 77600.2,
        "trend": 5.364439,
        "fair_value": 4.934008,
        "relative_strength": 0.969154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.164417,
        "energy": 77.202392,
        "activity_lines": [
          5.624051,
          5.575559,
          5.498666,
          5.448567
        ]
      },
      {
        "date": "2024-07-26",
        "close": 5.533237,
        "volume": 40965,
        "typical_volume": 67394.15,
        "trend": 5.379109,
        "fair_value": 4.940976,
        "relative_strength": -1.054497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.842706,
        "energy": 51.108552,
        "activity_lines": [
          5.595545,
          5.576,
          5.50667,
          5.459457
        ]
      },
      {
        "date": "2024-08-02",
        "close": 5.343956,
        "volume": 41952,
        "typical_volume": 65483.15,
        "trend": 5.389284,
        "fair_value": 4.945608,
        "relative_strength": -0.332284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 17.757284,
        "energy": 13.944568,
        "activity_lines": [
          5.507541,
          5.540724,
          5.495811,
          5.45719
        ]
      },
      {
        "date": "2024-08-09",
        "close": 5.372397,
        "volume": 80538,
        "typical_volume": 65087.3,
        "trend": 5.39963,
        "fair_value": 4.950458,
        "relative_strength": -0.143217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.731062,
        "energy": 19.441336,
        "activity_lines": [
          5.446344,
          5.512122,
          5.487526,
          5.4561
        ]
      },
      {
        "date": "2024-08-16",
        "close": 5.548928,
        "volume": 37315,
        "typical_volume": 66722.2,
        "trend": 5.415859,
        "fair_value": 4.957182,
        "relative_strength": -0.233491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 28.530888,
        "energy": 23.780745,
        "activity_lines": [
          5.46027,
          5.514763,
          5.496395,
          5.465732
        ]
      },
      {
        "date": "2024-08-23",
        "close": 5.573446,
        "volume": 11741,
        "typical_volume": 65251.2,
        "trend": 5.429536,
        "fair_value": 4.96403,
        "relative_strength": -1.415671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.328065,
        "energy": 22.197343,
        "activity_lines": [
          5.493419,
          5.520398,
          5.507266,
          5.475899
        ]
      },
      {
        "date": "2024-08-30",
        "close": 5.612675,
        "volume": 44067,
        "typical_volume": 66500.3,
        "trend": 5.442804,
        "fair_value": 4.971158,
        "relative_strength": -2.074062,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.473482,
        "energy": 26.996503,
        "activity_lines": [
          5.539513,
          5.532416,
          5.520911,
          5.487714
        ]
      },
      {
        "date": "2024-09-06",
        "close": 5.418491,
        "volume": 30363,
        "typical_volume": 65588.35,
        "trend": 5.447524,
        "fair_value": 4.97602,
        "relative_strength": -2.245231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 20.685148,
        "energy": 15.29508,
        "activity_lines": [
          5.515583,
          5.508665,
          5.514953,
          5.486146
        ]
      },
      {
        "date": "2024-09-13",
        "close": 5.637193,
        "volume": 7980,
        "typical_volume": 48019.15,
        "trend": 5.457687,
        "fair_value": 4.983129,
        "relative_strength": -0.404326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.578028,
        "energy": 29.315897,
        "activity_lines": [
          5.559585,
          5.528047,
          5.528886,
          5.498383
        ]
      },
      {
        "date": "2024-09-20",
        "close": 5.648962,
        "volume": 12700,
        "typical_volume": 43662.9,
        "trend": 5.467854,
        "fair_value": 4.990213,
        "relative_strength": -0.258621,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.545508,
        "energy": 42.44366,
        "activity_lines": [
          5.589857,
          5.549195,
          5.542488,
          5.510723
        ]
      },
      {
        "date": "2024-09-27",
        "close": 5.76959,
        "volume": 6935,
        "typical_volume": 42172.65,
        "trend": 5.481426,
        "fair_value": 4.998417,
        "relative_strength": -1.97868,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.048074,
        "energy": 56.417457,
        "activity_lines": [
          5.653669,
          5.59347,
          5.566121,
          5.53019
        ]
      },
      {
        "date": "2024-10-04",
        "close": 5.78332,
        "volume": 17277,
        "typical_volume": 41847.55,
        "trend": 5.495618,
        "fair_value": 5.006593,
        "relative_strength": 0.122719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.985875,
        "energy": 69.439963,
        "activity_lines": [
          5.708982,
          5.63664,
          5.589451,
          5.549667
        ]
      },
      {
        "date": "2024-10-11",
        "close": 5.862759,
        "volume": 18583,
        "typical_volume": 38508.25,
        "trend": 5.513851,
        "fair_value": 5.015419,
        "relative_strength": 0.261776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.611561,
        "energy": 75.350434,
        "activity_lines": [
          5.779397,
          5.689706,
          5.618816,
          5.573353
        ]
      },
      {
        "date": "2024-10-18",
        "close": 5.920622,
        "volume": 136087,
        "typical_volume": 43648.45,
        "trend": 5.529735,
        "fair_value": 5.024656,
        "relative_strength": -0.136614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.216119,
        "energy": 81.389064,
        "activity_lines": [
          5.839483,
          5.74386,
          5.651614,
          5.599597
        ]
      },
      {
        "date": "2024-10-25",
        "close": 5.907872,
        "volume": 33809,
        "typical_volume": 39074.25,
        "trend": 5.544028,
        "fair_value": 5.033577,
        "relative_strength": 0.684843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.101075,
        "energy": 80.778246,
        "activity_lines": [
          5.876424,
          5.785728,
          5.680363,
          5.623992
        ]
      },
      {
        "date": "2024-11-01",
        "close": 5.793128,
        "volume": 14265,
        "typical_volume": 39463.1,
        "trend": 5.558093,
        "fair_value": 5.041173,
        "relative_strength": -0.122287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.304761,
        "energy": 75.280261,
        "activity_lines": [
          5.857855,
          5.800207,
          5.696092,
          5.640063
        ]
      },
      {
        "date": "2024-11-08",
        "close": 6.05498,
        "volume": 25982,
        "typical_volume": 39895.4,
        "trend": 5.580595,
        "fair_value": 5.05121,
        "relative_strength": 4.582021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.302097,
        "energy": 84.046523,
        "activity_lines": [
          5.925002,
          5.858301,
          5.735517,
          5.672121
        ]
      },
      {
        "date": "2024-11-15",
        "close": 6.045174,
        "volume": 27963,
        "typical_volume": 40857.65,
        "trend": 5.608052,
        "fair_value": 5.060955,
        "relative_strength": 4.370197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.232751,
        "energy": 83.581861,
        "activity_lines": [
          5.970769,
          5.906571,
          5.771781,
          5.702094
        ]
      },
      {
        "date": "2024-11-22",
        "close": 6.234453,
        "volume": 7700,
        "typical_volume": 37714.75,
        "trend": 5.638124,
        "fair_value": 5.072348,
        "relative_strength": 6.892521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.065625,
        "energy": 90.299778,
        "activity_lines": [
          6.067469,
          5.97786,
          5.823969,
          5.742506
        ]
      },
      {
        "date": "2024-11-29",
        "close": 6.193262,
        "volume": 12279,
        "typical_volume": 34641.2,
        "trend": 5.666466,
        "fair_value": 5.083126,
        "relative_strength": 4.450272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.891123,
        "energy": 89.454239,
        "activity_lines": [
          6.129515,
          6.030801,
          5.869292,
          5.778322
        ]
      },
      {
        "date": "2024-12-06",
        "close": 6.235433,
        "volume": 25698,
        "typical_volume": 31709.95,
        "trend": 5.693266,
        "fair_value": 5.094101,
        "relative_strength": 1.198556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.632953,
        "energy": 89.952263,
        "activity_lines": [
          6.186593,
          6.081513,
          5.916353,
          5.815029
        ]
      },
      {
        "date": "2024-12-13",
        "close": 6.218544,
        "volume": 57052,
        "typical_volume": 32514.3,
        "trend": 5.718498,
        "fair_value": 5.104709,
        "relative_strength": 0.810471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.444676,
        "energy": 88.262031,
        "activity_lines": [
          6.208555,
          6.120685,
          5.958644,
          5.848918
        ]
      },
      {
        "date": "2024-12-20",
        "close": 6.102107,
        "volume": 27786,
        "typical_volume": 31806.0,
        "trend": 5.741015,
        "fair_value": 5.11403,
        "relative_strength": 1.492116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.541464,
        "energy": 64.733262,
        "activity_lines": [
          6.180799,
          6.130773,
          5.986581,
          5.873667
        ]
      },
      {
        "date": "2024-12-27",
        "close": 6.113947,
        "volume": 5781,
        "typical_volume": 28068.15,
        "trend": 5.767297,
        "fair_value": 5.123289,
        "relative_strength": 1.170167,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.475572,
        "energy": 57.876275,
        "activity_lines": [
          6.153195,
          6.138662,
          6.012037,
          5.897727
        ]
      },
      {
        "date": "2025-01-03",
        "close": 6.142564,
        "volume": 14275,
        "typical_volume": 26916.15,
        "trend": 5.789769,
        "fair_value": 5.13264,
        "relative_strength": 2.011196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.296723,
        "energy": 46.015254,
        "activity_lines": [
          6.143163,
          6.148239,
          6.036686,
          5.921938
        ]
      },
      {
        "date": "2025-01-10",
        "close": 6.062636,
        "volume": 22296,
        "typical_volume": 27443.9,
        "trend": 5.807448,
        "fair_value": 5.141094,
        "relative_strength": -0.834094,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.370283,
        "energy": 34.612316,
        "activity_lines": [
          6.109869,
          6.139017,
          6.050897,
          5.939543
        ]
      },
      {
        "date": "2025-01-17",
        "close": 6.25012,
        "volume": 32951,
        "typical_volume": 26888.1,
        "trend": 5.829547,
        "fair_value": 5.151086,
        "relative_strength": -1.092629,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.151524,
        "energy": 42.386654,
        "activity_lines": [
          6.150589,
          6.158982,
          6.080633,
          5.968102
        ]
      },
      {
        "date": "2025-01-24",
        "close": 6.222491,
        "volume": 11374,
        "typical_volume": 25938.65,
        "trend": 5.850168,
        "fair_value": 5.160652,
        "relative_strength": -3.709066,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.085106,
        "energy": 45.818615,
        "activity_lines": [
          6.179995,
          6.170376,
          6.104703,
          5.993453
        ]
      },
      {
        "date": "2025-01-31",
        "close": 6.217557,
        "volume": 56188,
        "typical_volume": 28349.05,
        "trend": 5.8702,
        "fair_value": 5.170005,
        "relative_strength": -5.144326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.176958,
        "energy": 45.122553,
        "activity_lines": [
          6.19973,
          6.177649,
          6.124474,
          6.017156
        ]
      },
      {
        "date": "2025-02-07",
        "close": 6.190915,
        "volume": 17824,
        "typical_volume": 28605.25,
        "trend": 5.886075,
        "fair_value": 5.17896,
        "relative_strength": -5.622934,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.340497,
        "energy": 47.302248,
        "activity_lines": [
          6.203677,
          6.180385,
          6.138945,
          6.037847
        ]
      },
      {
        "date": "2025-02-14",
        "close": 6.161312,
        "volume": 16484,
        "typical_volume": 29082.7,
        "trend": 5.905736,
        "fair_value": 5.187502,
        "relative_strength": -8.88462,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.236994,
        "energy": 40.502327,
        "activity_lines": [
          6.194533,
          6.177782,
          6.148015,
          6.055604
        ]
      },
      {
        "date": "2025-02-21",
        "close": 6.21065,
        "volume": 5835,
        "typical_volume": 28510.6,
        "trend": 5.928316,
        "fair_value": 5.196323,
        "relative_strength": -7.056893,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.53341,
        "energy": 39.463568,
        "activity_lines": [
          6.195257,
          6.185497,
          6.159919,
          6.075276
        ]
      },
      {
        "date": "2025-02-28",
        "close": 6.037967,
        "volume": 13946,
        "typical_volume": 28278.75,
        "trend": 5.95145,
        "fair_value": 5.203516,
        "relative_strength": -10.499635,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.548467,
        "energy": 16.0936,
        "activity_lines": [
          6.141051,
          6.161958,
          6.153342,
          6.08235
        ]
      },
      {
        "date": "2025-03-07",
        "close": 5.682734,
        "volume": 21348,
        "typical_volume": 22541.8,
        "trend": 5.961794,
        "fair_value": 5.207577,
        "relative_strength": -17.153831,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -23.267835,
        "energy": 30.274748,
        "activity_lines": [
          5.980735,
          6.074997,
          6.112099,
          6.065014
        ]
      },
      {
        "date": "2025-03-14",
        "close": 5.639318,
        "volume": 17726,
        "typical_volume": 21737.65,
        "trend": 5.964807,
        "fair_value": 5.211205,
        "relative_strength": -17.435853,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.931895,
        "energy": 61.592849,
        "activity_lines": [
          5.841603,
          5.987984,
          6.067854,
          6.044209
        ]
      },
      {
        "date": "2025-03-21",
        "close": 5.686682,
        "volume": 15367,
        "typical_volume": 21792.75,
        "trend": 5.968582,
        "fair_value": 5.215168,
        "relative_strength": -16.121627,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.881563,
        "energy": 72.166747,
        "activity_lines": [
          5.755031,
          5.918731,
          6.029398,
          6.026265
        ]
      },
      {
        "date": "2025-03-28",
        "close": 5.633397,
        "volume": 12095,
        "typical_volume": 21098.4,
        "trend": 5.969273,
        "fair_value": 5.218624,
        "relative_strength": -15.065424,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.669239,
        "energy": 78.39202,
        "activity_lines": [
          5.68234,
          5.846626,
          5.986375,
          6.004641
        ]
      },
      {
        "date": "2025-04-04",
        "close": 5.164688,
        "volume": 102190,
        "typical_volume": 24809.75,
        "trend": 5.960813,
        "fair_value": 5.218182,
        "relative_strength": -15.016393,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -95.89779,
        "energy": 97.490682,
        "activity_lines": [
          5.491896,
          5.700514,
          5.90072,
          5.952732
        ]
      },
      {
        "date": "2025-04-11",
        "close": 5.090681,
        "volume": 47450,
        "typical_volume": 26797.25,
        "trend": 5.942595,
        "fair_value": 5.217145,
        "relative_strength": -14.854754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.786779,
        "energy": 95.346955,
        "activity_lines": [
          5.335002,
          5.56018,
          5.81221,
          5.896594
        ]
      },
      {
        "date": "2025-04-18",
        "close": 5.153833,
        "volume": 24035,
        "typical_volume": 27385.05,
        "trend": 5.926091,
        "fair_value": 5.216635,
        "relative_strength": -16.900004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.606548,
        "energy": 91.057526,
        "activity_lines": [
          5.238629,
          5.451816,
          5.73516,
          5.845706
        ]
      },
      {
        "date": "2025-04-25",
        "close": 5.304807,
        "volume": 10832,
        "typical_volume": 26641.75,
        "trend": 5.910598,
        "fair_value": 5.21734,
        "relative_strength": -18.155365,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.807053,
        "energy": 81.300885,
        "activity_lines": [
          5.224946,
          5.389758,
          5.677439,
          5.805624
        ]
      },
      {
        "date": "2025-05-02",
        "close": 5.535708,
        "volume": 24855,
        "typical_volume": 25031.9,
        "trend": 5.902345,
        "fair_value": 5.219867,
        "relative_strength": -17.405148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.620913,
        "energy": 60.226159,
        "activity_lines": [
          5.313688,
          5.385255,
          5.64614,
          5.781437
        ]
      },
      {
        "date": "2025-05-09",
        "close": 5.615635,
        "volume": 18006,
        "typical_volume": 24542.9,
        "trend": 5.894107,
        "fair_value": 5.222983,
        "relative_strength": -17.408497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.832573,
        "energy": 41.051902,
        "activity_lines": [
          5.435585,
          5.407555,
          5.625705,
          5.76294
        ]
      },
      {
        "date": "2025-05-16",
        "close": 5.888967,
        "volume": 4278,
        "typical_volume": 24467.75,
        "trend": 5.893052,
        "fair_value": 5.228186,
        "relative_strength": -14.113087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.487743,
        "energy": 24.086059,
        "activity_lines": [
          5.61853,
          5.487231,
          5.633618,
          5.762608
        ]
      },
      {
        "date": "2025-05-23",
        "close": 5.725165,
        "volume": 12413,
        "typical_volume": 24374.65,
        "trend": 5.886962,
        "fair_value": 5.232039,
        "relative_strength": -15.745301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -25.677926,
        "energy": 29.335649,
        "activity_lines": [
          5.693655,
          5.533376,
          5.627002,
          5.751777
        ]
      },
      {
        "date": "2025-05-30",
        "close": 5.808053,
        "volume": 17238,
        "typical_volume": 24121.75,
        "trend": 5.887459,
        "fair_value": 5.23647,
        "relative_strength": -15.576906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.609048,
        "energy": 25.034289,
        "activity_lines": [
          5.75832,
          5.59303,
          5.630268,
          5.746686
        ]
      },
      {
        "date": "2025-06-06",
        "close": 5.843576,
        "volume": 9438,
        "typical_volume": 22946.1,
        "trend": 5.880413,
        "fair_value": 5.241104,
        "relative_strength": -15.827117,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.399975,
        "energy": 21.678466,
        "activity_lines": [
          5.801277,
          5.656936,
          5.638129,
          5.743855
        ]
      },
      {
        "date": "2025-06-13",
        "close": 5.775198,
        "volume": 16519,
        "typical_volume": 23203.35,
        "trend": 5.871413,
        "fair_value": 5.24515,
        "relative_strength": -13.664913,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.130608,
        "energy": 18.299065,
        "activity_lines": [
          5.800917,
          5.704588,
          5.641414,
          5.737067
        ]
      },
      {
        "date": "2025-06-20",
        "close": 5.74835,
        "volume": 7289,
        "typical_volume": 20758.4,
        "trend": 5.85521,
        "fair_value": 5.248934,
        "relative_strength": -13.095639,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.734799,
        "energy": 15.237375,
        "activity_lines": [
          5.780969,
          5.736258,
          5.644271,
          5.729127
        ]
      },
      {
        "date": "2025-06-27",
        "close": 5.838836,
        "volume": 30055,
        "typical_volume": 21369.95,
        "trend": 5.843396,
        "fair_value": 5.253336,
        "relative_strength": -13.858704,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.137161,
        "energy": 12.472831,
        "activity_lines": [
          5.800559,
          5.772423,
          5.657981,
          5.728071
        ]
      },
      {
        "date": "2025-07-04",
        "close": 5.822926,
        "volume": 38527,
        "typical_volume": 22472.1,
        "trend": 5.829645,
        "fair_value": 5.257555,
        "relative_strength": -12.853988,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.311466,
        "energy": 11.549664,
        "activity_lines": [
          5.807266,
          5.793241,
          5.671853,
          5.72675
        ]
      },
      {
        "date": "2025-07-11",
        "close": 5.846791,
        "volume": 9201,
        "typical_volume": 22640.4,
        "trend": 5.817254,
        "fair_value": 5.261888,
        "relative_strength": -13.808436,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.642779,
        "energy": 26.001236,
        "activity_lines": [
          5.820938,
          5.808977,
          5.689608,
          5.727856
        ]
      },
      {
        "date": "2025-07-18",
        "close": 5.905457,
        "volume": 49545,
        "typical_volume": 24420.35,
        "trend": 5.810699,
        "fair_value": 5.266585,
        "relative_strength": -12.685098,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.850404,
        "energy": 38.134019,
        "activity_lines": [
          5.85395,
          5.829724,
          5.714683,
          5.733547
        ]
      },
      {
        "date": "2025-07-25",
        "close": 5.911424,
        "volume": 23602,
        "typical_volume": 24533.05,
        "trend": 5.803948,
        "fair_value": 5.271258,
        "relative_strength": -11.994577,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.55391,
        "energy": 46.310512,
        "activity_lines": [
          5.880267,
          5.846286,
          5.740958,
          5.740045
        ]
      },
      {
        "date": "2025-08-01",
        "close": 5.803039,
        "volume": 15331,
        "typical_volume": 24413.3,
        "trend": 5.79263,
        "fair_value": 5.275084,
        "relative_strength": -10.348064,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.484971,
        "energy": 34.580848,
        "activity_lines": [
          5.859585,
          5.842733,
          5.755821,
          5.739986
        ]
      },
      {
        "date": "2025-08-08",
        "close": 5.902474,
        "volume": 9480,
        "typical_volume": 24118.95,
        "trend": 5.787292,
        "fair_value": 5.279565,
        "relative_strength": -11.2292,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 35.2555,
        "energy": 34.82764,
        "activity_lines": [
          5.874434,
          5.855844,
          5.779375,
          5.747073
        ]
      },
      {
        "date": "2025-08-15",
        "close": 5.94026,
        "volume": 77310,
        "typical_volume": 27379.7,
        "trend": 5.776963,
        "fair_value": 5.284251,
        "relative_strength": -11.014536,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 39.442083,
        "energy": 42.588321,
        "activity_lines": [
          5.896575,
          5.874108,
          5.8055,
          5.756942
        ]
      },
      {
        "date": "2025-08-22",
        "close": 6.004893,
        "volume": 110759,
        "typical_volume": 27808.15,
        "trend": 5.76971,
        "fair_value": 5.289326,
        "relative_strength": -9.726853,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.850719,
        "energy": 64.153565,
        "activity_lines": [
          5.934029,
          5.902366,
          5.836319,
          5.771647
        ]
      },
      {
        "date": "2025-08-29",
        "close": 5.919378,
        "volume": 4787,
        "typical_volume": 25675.0,
        "trend": 5.75977,
        "fair_value": 5.293732,
        "relative_strength": -8.981111,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.781395,
        "energy": 66.162755,
        "activity_lines": [
          5.936349,
          5.910899,
          5.854993,
          5.781303
        ]
      },
      {
        "date": "2025-09-05",
        "close": 5.900486,
        "volume": 11168,
        "typical_volume": 25031.65,
        "trend": 5.750089,
        "fair_value": 5.297945,
        "relative_strength": -7.798188,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.647204,
        "energy": 62.540769,
        "activity_lines": [
          5.931841,
          5.912888,
          5.867921,
          5.790382
        ]
      },
      {
        "date": "2025-09-12",
        "close": 6.02478,
        "volume": 25903,
        "typical_volume": 25785.2,
        "trend": 5.745538,
        "fair_value": 5.302958,
        "relative_strength": -5.942835,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.119426,
        "energy": 68.714685,
        "activity_lines": [
          5.962268,
          5.936355,
          5.889131,
          5.808104
        ]
      },
      {
        "date": "2025-09-19",
        "close": 6.071514,
        "volume": 17180,
        "typical_volume": 25401.45,
        "trend": 5.740901,
        "fair_value": 5.308222,
        "relative_strength": -4.673032,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.680403,
        "energy": 65.928033,
        "activity_lines": [
          6.00012,
          5.964649,
          5.911364,
          5.829134
        ]
      },
      {
        "date": "2025-09-26",
        "close": 6.081458,
        "volume": 9508,
        "typical_volume": 24976.55,
        "trend": 5.74235,
        "fair_value": 5.313482,
        "relative_strength": -4.646427,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.630725,
        "energy": 72.554812,
        "activity_lines": [
          6.032536,
          5.990664,
          5.931992,
          5.851106
        ]
      },
      {
        "date": "2025-10-03",
        "close": 6.235582,
        "volume": 55065,
        "typical_volume": 27515.9,
        "trend": 5.760779,
        "fair_value": 5.319713,
        "relative_strength": -4.474665,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.874188,
        "energy": 89.251782,
        "activity_lines": [
          6.111222,
          6.041503,
          5.965081,
          5.882927
        ]
      },
      {
        "date": "2025-10-10",
        "close": 6.153051,
        "volume": 13838,
        "typical_volume": 27587.15,
        "trend": 5.777903,
        "fair_value": 5.325306,
        "relative_strength": -4.87162,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.850155,
        "energy": 80.64045,
        "activity_lines": [
          6.141318,
          6.071442,
          5.988659,
          5.908235
        ]
      },
      {
        "date": "2025-10-17",
        "close": 6.179899,
        "volume": 6347,
        "typical_volume": 27042.6,
        "trend": 5.794344,
        "fair_value": 5.331003,
        "relative_strength": -2.516707,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.924122,
        "energy": 77.163204,
        "activity_lines": [
          6.163525,
          6.099899,
          6.012756,
          5.93417
        ]
      },
      {
        "date": "2025-10-24",
        "close": 6.265413,
        "volume": 12149,
        "typical_volume": 27178.15,
        "trend": 5.815411,
        "fair_value": 5.337191,
        "relative_strength": -2.517439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.269114,
        "energy": 75.663192,
        "activity_lines": [
          6.203896,
          6.138859,
          6.043227,
          5.964562
        ]
      },
      {
        "date": "2025-10-31",
        "close": 6.347944,
        "volume": 6703,
        "typical_volume": 26687.35,
        "trend": 5.854853,
        "fair_value": 5.343841,
        "relative_strength": 0.188394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.720278,
        "energy": 78.505009,
        "activity_lines": [
          6.25885,
          6.186913,
          6.07955,
          5.998919
        ]
      },
      {
        "date": "2025-11-07",
        "close": 6.145096,
        "volume": 20922,
        "typical_volume": 27369.0,
        "trend": 5.89,
        "fair_value": 5.349078,
        "relative_strength": -1.023681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.784728,
        "energy": 56.719044,
        "activity_lines": [
          6.228423,
          6.191849,
          6.093826,
          6.017644
        ]
      },
      {
        "date": "2025-11-14",
        "close": 6.209729,
        "volume": 6486,
        "typical_volume": 26190.55,
        "trend": 5.925196,
        "fair_value": 5.354666,
        "relative_strength": -0.87182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.611281,
        "energy": 50.607153,
        "activity_lines": [
          6.225572,
          6.204432,
          6.112368,
          6.038272
        ]
      },
      {
        "date": "2025-11-21",
        "close": 6.089413,
        "volume": 17233,
        "typical_volume": 25125.85,
        "trend": 5.95135,
        "fair_value": 5.359407,
        "relative_strength": 0.946891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.495908,
        "energy": 33.760696,
        "activity_lines": [
          6.178838,
          6.189517,
          6.117685,
          6.048867
        ]
      },
      {
        "date": "2025-11-28",
        "close": 6.235582,
        "volume": 30922,
        "typical_volume": 26211.9,
        "trend": 5.974679,
        "fair_value": 5.365023,
        "relative_strength": 0.538988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.470126,
        "energy": 27.682063,
        "activity_lines": [
          6.186859,
          6.200003,
          6.135655,
          6.067204
        ]
      },
      {
        "date": "2025-12-05",
        "close": 6.294249,
        "volume": 15916,
        "typical_volume": 24530.45,
        "trend": 5.997299,
        "fair_value": 5.376268,
        "relative_strength": 1.004704,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.962952,
        "energy": 33.729451,
        "activity_lines": [
          6.216424,
          6.218172,
          6.15736,
          6.087822
        ]
      },
      {
        "date": "2025-12-12",
        "close": 6.225,
        "volume": 9126,
        "typical_volume": 23806.65,
        "trend": 6.008501,
        "fair_value": 5.388179,
        "relative_strength": -0.410763,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.768909,
        "energy": 31.827852,
        "activity_lines": [
          6.226486,
          6.219882,
          6.170619,
          6.102512
        ]
      },
      {
        "date": "2025-12-19",
        "close": 6.289,
        "volume": 23037,
        "typical_volume": 24191.95,
        "trend": 6.027295,
        "fair_value": 5.400846,
        "relative_strength": 0.549689,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.422369,
        "energy": 40.769876,
        "activity_lines": [
          6.252555,
          6.233421,
          6.188479,
          6.120609
        ]
      },
      {
        "date": "2025-12-26",
        "close": 6.296,
        "volume": 6363,
        "typical_volume": 24036.1,
        "trend": 6.04356,
        "fair_value": 5.413712,
        "relative_strength": 0.803793,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.74674,
        "energy": 43.239306,
        "activity_lines": [
          6.275672,
          6.24576,
          6.204693,
          6.137944
        ]
      },
      {
        "date": "2026-01-02",
        "close": 6.319,
        "volume": 16682,
        "typical_volume": 21004.7,
        "trend": 6.059407,
        "fair_value": 5.426075,
        "relative_strength": 0.73601,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.22742,
        "energy": 47.37641,
        "activity_lines": [
          6.292683,
          6.260171,
          6.221223,
          6.155715
        ]
      },
      {
        "date": "2026-01-09",
        "close": 6.515,
        "volume": 20921,
        "typical_volume": 16512.8,
        "trend": 6.084067,
        "fair_value": 5.439247,
        "relative_strength": 1.210803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.753769,
        "energy": 71.376573,
        "activity_lines": [
          6.369467,
          6.309243,
          6.254616,
          6.185108
        ]
      },
      {
        "date": "2026-01-16",
        "close": 6.578,
        "volume": 86586,
        "typical_volume": 20602.75,
        "trend": 6.111722,
        "fair_value": 5.452927,
        "relative_strength": 2.347159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.993687,
        "energy": 82.307353,
        "activity_lines": [
          6.452533,
          6.366733,
          6.29158,
          6.216974
        ]
      },
      {
        "date": "2026-01-23",
        "close": 6.504,
        "volume": 33072,
        "typical_volume": 21697.95,
        "trend": 6.133895,
        "fair_value": 5.465244,
        "relative_strength": 3.038015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.315499,
        "energy": 78.360003,
        "activity_lines": [
          6.4874,
          6.402897,
          6.31836,
          6.242283
        ]
      },
      {
        "date": "2026-01-30",
        "close": 6.467,
        "volume": 23475,
        "typical_volume": 21576.55,
        "trend": 6.155364,
        "fair_value": 5.476716,
        "relative_strength": 4.141045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.299451,
        "energy": 75.703,
        "activity_lines": [
          6.4956,
          6.426983,
          6.338742,
          6.263773
        ]
      },
      {
        "date": "2026-02-06",
        "close": 6.488,
        "volume": 69310,
        "typical_volume": 24183.05,
        "trend": 6.176737,
        "fair_value": 5.48855,
        "relative_strength": 3.878687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.007996,
        "energy": 65.484912,
        "activity_lines": [
          6.4994,
          6.448023,
          6.359018,
          6.285234
        ]
      },
      {
        "date": "2026-02-13",
        "close": 6.516,
        "volume": 47839,
        "typical_volume": 26099.6,
        "trend": 6.197089,
        "fair_value": 5.500686,
        "relative_strength": 3.612843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.069314,
        "energy": 51.378717,
        "activity_lines": [
          6.501267,
          6.469564,
          6.379978,
          6.307122
        ]
      },
      {
        "date": "2026-02-20",
        "close": 6.594,
        "volume": 59853,
        "typical_volume": 26339.0,
        "trend": 6.219841,
        "fair_value": 5.513678,
        "relative_strength": 3.55678,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.218959,
        "energy": 55.067543,
        "activity_lines": [
          6.529067,
          6.501255,
          6.406298,
          6.332729
        ]
      },
      {
        "date": "2026-02-27",
        "close": 6.589,
        "volume": 7126,
        "typical_volume": 26003.4,
        "trend": 6.24604,
        "fair_value": 5.526288,
        "relative_strength": 3.438178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.046446,
        "energy": 55.580205,
        "activity_lines": [
          6.554133,
          6.525327,
          6.430434,
          6.356546
        ]
      },
      {
        "date": "2026-03-06",
        "close": 6.494,
        "volume": 8477,
        "typical_volume": 26109.9,
        "trend": 6.265758,
        "fair_value": 5.539098,
        "relative_strength": 9.028495,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.305356,
        "energy": 47.715594,
        "activity_lines": [
          6.541867,
          6.526673,
          6.443447,
          6.372543
        ]
      },
      {
        "date": "2026-03-13",
        "close": 6.381,
        "volume": 20999,
        "typical_volume": 26552.4,
        "trend": 6.280449,
        "fair_value": 5.551469,
        "relative_strength": 7.568384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.57134,
        "energy": 32.366284,
        "activity_lines": [
          6.490133,
          6.503873,
          6.444202,
          6.379978
        ]
      },
      {
        "date": "2026-03-20",
        "close": 6.193,
        "volume": 68416,
        "typical_volume": 29638.05,
        "trend": 6.286719,
        "fair_value": 5.562519,
        "relative_strength": 9.142173,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 5.174618,
        "energy": 13.12507,
        "activity_lines": [
          6.382867,
          6.445764,
          6.426502,
          6.374336
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6.143,
        "volume": 5952,
        "typical_volume": 28889.55,
        "trend": 6.294173,
        "fair_value": 5.572472,
        "relative_strength": 8.443812,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -31.634935,
        "energy": 34.707245,
        "activity_lines": [
          6.280467,
          6.384418,
          6.404778,
          6.365064
        ]
      },
      {
        "date": "2026-04-03",
        "close": 6.309,
        "volume": 24905,
        "typical_volume": 29810.5,
        "trend": 6.30779,
        "fair_value": 5.583885,
        "relative_strength": 7.025661,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.608284,
        "energy": 30.446046,
        "activity_lines": [
          6.263467,
          6.361164,
          6.398873,
          6.36602
        ]
      },
      {
        "date": "2026-04-10",
        "close": 6.463,
        "volume": 6751,
        "typical_volume": 29286.4,
        "trend": 6.322398,
        "fair_value": 5.596083,
        "relative_strength": 6.535055,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -5.085578,
        "energy": 19.939399,
        "activity_lines": [
          6.316467,
          6.369455,
          6.407162,
          6.376034
        ]
      },
      {
        "date": "2026-04-17",
        "close": 6.697,
        "volume": 43758,
        "typical_volume": 29928.2,
        "trend": 6.343247,
        "fair_value": 5.609802,
        "relative_strength": 6.153035,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.929486,
        "energy": 24.339756,
        "activity_lines": [
          6.449533,
          6.420364,
          6.435958,
          6.400202
        ]
      },
      {
        "date": "2026-04-24",
        "close": 6.66912,
        "volume": 7203,
        "typical_volume": 29492.55,
        "trend": 6.362836,
        "fair_value": 5.623392,
        "relative_strength": 7.914684,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.819323,
        "energy": 45.714196,
        "activity_lines": [
          6.55224,
          6.462404,
          6.459902,
          6.421226
        ]
      },
      {
        "date": "2026-05-01",
        "close": 6.649269,
        "volume": 12152,
        "typical_volume": 29643.85,
        "trend": 6.376626,
        "fair_value": 5.636851,
        "relative_strength": 6.598114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.450726,
        "energy": 58.434791,
        "activity_lines": [
          6.616588,
          6.49805,
          6.48017,
          6.439705
        ]
      },
      {
        "date": "2026-05-08",
        "close": 6.818999,
        "volume": 55489,
        "typical_volume": 31266.45,
        "trend": 6.398824,
        "fair_value": 5.65119,
        "relative_strength": 8.775761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.798677,
        "energy": 78.713753,
        "activity_lines": [
          6.703762,
          6.563552,
          6.514582,
          6.468246
        ]
      },
      {
        "date": "2026-05-15",
        "close": 6.836865,
        "volume": 44592,
        "typical_volume": 33177.9,
        "trend": 6.420723,
        "fair_value": 5.665082,
        "relative_strength": 10.516882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.965365,
        "energy": 79.34804,
        "activity_lines": [
          6.762891,
          6.628121,
          6.548172,
          6.496506
        ]
      },
      {
        "date": "2026-05-22",
        "close": 6.911309,
        "volume": 666901,
        "typical_volume": 65688.85,
        "trend": 6.442252,
        "fair_value": 5.679056,
        "relative_strength": 7.227159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.29143,
        "energy": 80.424417,
        "activity_lines": [
          6.821911,
          6.69999,
          6.586277,
          6.528157
        ]
      },
      {
        "date": "2026-05-29",
        "close": 6.950019,
        "volume": 115284,
        "typical_volume": 70407.0,
        "trend": 6.462322,
        "fair_value": 5.692935,
        "relative_strength": 6.62375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.232361,
        "energy": 81.783115,
        "activity_lines": [
          6.879546,
          6.769256,
          6.625247,
          6.560916
        ]
      },
      {
        "date": "2026-06-05",
        "close": 6.968878,
        "volume": 1809,
        "typical_volume": 66168.15,
        "trend": 6.489781,
        "fair_value": 5.706659,
        "relative_strength": 8.07715,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.542091,
        "energy": 80.620765,
        "activity_lines": [
          6.924741,
          6.828187,
          6.663942,
          6.593597
        ]
      },
      {
        "date": "2026-06-12",
        "close": 7.063173,
        "volume": 3312,
        "typical_volume": 64680.15,
        "trend": 6.518229,
        "fair_value": 5.720641,
        "relative_strength": 9.756466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.320088,
        "energy": 85.274042,
        "activity_lines": [
          6.980061,
          6.889247,
          6.709757,
          6.63059
        ]
      },
      {
        "date": "2026-06-19",
        "close": 7.215,
        "volume": 611,
        "typical_volume": 63536.95,
        "trend": 6.555749,
        "fair_value": 5.736347,
        "relative_strength": 10.19741,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.408957,
        "energy": 92.682518,
        "activity_lines": [
          7.069712,
          6.964199,
          6.767368,
          6.675543
        ]
      },
      {
        "date": "2026-06-26",
        "close": 7.146,
        "volume": 25301,
        "typical_volume": 61336.5,
        "trend": 6.586096,
        "fair_value": 5.750984,
        "relative_strength": 10.15777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.240857,
        "energy": 87.977297,
        "activity_lines": [
          7.111153,
          7.012933,
          6.814846,
          6.713624
        ]
      },
      {
        "date": "2026-07-03",
        "close": 7.264,
        "volume": 7513,
        "typical_volume": 59320.2,
        "trend": 6.618421,
        "fair_value": 5.766766,
        "relative_strength": 6.874496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.358479,
        "energy": 91.630258,
        "activity_lines": [
          7.176282,
          7.074958,
          6.870429,
          6.75736
        ]
      },
      {
        "date": "2026-07-10",
        "close": 7.225,
        "volume": 38005,
        "typical_volume": 58227.8,
        "trend": 6.651754,
        "fair_value": 5.782113,
        "relative_strength": 8.946096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.995154,
        "energy": 87.056713,
        "activity_lines": [
          7.207478,
          7.119076,
          6.918735,
          6.796494
        ]
      },
      {
        "date": "2026-07-17",
        "close": 7.084,
        "volume": 97993,
        "typical_volume": 62771.15,
        "trend": 6.678254,
        "fair_value": 5.796204,
        "relative_strength": 7.506194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.768321,
        "energy": 67.07052,
        "activity_lines": [
          7.1746,
          7.127089,
          6.950608,
          6.824381
        ]
      },
      {
        "date": "2026-07-24",
        "close": 7.084,
        "volume": 29569,
        "typical_volume": 63825.75,
        "trend": 6.704521,
        "fair_value": 5.809781,
        "relative_strength": 6.064995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.836582,
        "energy": 59.260738,
        "activity_lines": [
          7.140333,
          7.130285,
          6.980124,
          6.850558
        ]
      },
      {
        "date": "2026-07-31",
        "close": 7.008,
        "volume": 65861,
        "typical_volume": 66068.85,
        "trend": 6.727488,
        "fair_value": 5.823527,
        "relative_strength": 2.565624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.217742,
        "energy": 41.211514,
        "activity_lines": [
          7.089467,
          7.115169,
          6.999593,
          6.870137
        ]
      },
      {
        "date": "2026-08-07",
        "close": 7.268,
        "volume": 41192,
        "typical_volume": 64707.65,
        "trend": 6.752588,
        "fair_value": 5.839236,
        "relative_strength": 3.343801,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.308848,
        "energy": 46.084048,
        "activity_lines": [
          7.134467,
          7.145568,
          7.040837,
          6.905009
        ]
      }
    ],
    "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."
    }
  }
}