{
  "ticker": {
    "uuid": "bcd5501e-3ca4-445d-afe1-4f4964e2966f",
    "symbol": "RNGR",
    "name": "Ranger Energy Services 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 58.936,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "down",
    "architecture_direction": -32.556,
    "architecture_energy": 14.751,
    "architecture_maturity": 7.753,
    "architecture_confidence": 56.723,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 58.72,
        "rotation_up": 23.07,
        "upward_expansion": 16.74,
        "deceleration": 38.08,
        "rotation_down": 30.44,
        "downward_expansion": 55.41
      },
      "activity_lines": [
        15.903399,
        15.781757,
        15.924715,
        16.122155
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 16.1,
    "trend_reference": 16.208076,
    "distance_from_trend": -0.006668,
    "trend_direction": "Improving",
    "fair_value": 13.006227,
    "distance_from_fair_value": 0.237869,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.796934,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.010457,
    "excess_performance": -0.136082,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.006668,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.042479,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.237869,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.022676,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.047969,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.048993,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.010457,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.398468,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1833374,
      "relative_activity": 1.584558,
      "balance": 1.398468,
      "dry_up": 1.149139,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.066322,
      "annualized_volatility": 0.26414,
      "from_high_reference": -0.141054,
      "from_low_reference": 0.37146
    },
    "levels": {
      "trend_reference": 16.208076,
      "fair_value_reference": 13.006227,
      "structural_low": 14.416275,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": 0.061685,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.052658,
        "regime_survival": 0.428571,
        "best_return": 0.194529,
        "worst_return": -0.140171,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.09127,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.857143,
        "median_excess_return": 0.03984,
        "regime_survival": 0.142857,
        "best_return": 0.28615,
        "worst_return": -0.129909,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.260608,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.216713,
        "regime_survival": 0.2,
        "best_return": 0.411875,
        "worst_return": -0.127273,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.185291,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.051914,
        "regime_survival": 0.25,
        "best_return": 0.293091,
        "worst_return": 0.113131,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-01-12",
        "end": "2024-03-22",
        "tenure": "Developing",
        "return": 0.156125,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-03-29",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": -0.092117,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-06-21",
        "tenure": "Developing",
        "return": 0.023828,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-28",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": 0.089354,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.235685,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-01-17",
        "tenure": "New",
        "return": 0.070603,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-24",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.190045,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.044953,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-09",
        "end": "2025-08-01",
        "tenure": "Established",
        "return": 0.122683,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.13254,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-05",
        "end": "2025-09-26",
        "tenure": "New",
        "return": 0.023322,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-03",
        "end": "2026-05-08",
        "tenure": "Extended",
        "return": 0.146819,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-15",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.048531,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.006854,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 12.277803,
        "volume": 948384,
        "typical_volume": 728011.65,
        "trend": 10.440492,
        "fair_value": 8.188996,
        "relative_strength": 10.900317,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 48.052097,
        "energy": 41.541698,
        "activity_lines": [
          11.197635,
          10.537234,
          10.468297,
          10.43626
        ]
      },
      {
        "date": "2023-08-25",
        "close": 11.648661,
        "volume": 465936,
        "typical_volume": 738392.55,
        "trend": 10.483182,
        "fair_value": 8.247235,
        "relative_strength": 4.057217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.037047,
        "energy": 64.462033,
        "activity_lines": [
          11.509869,
          10.805104,
          10.576697,
          10.514206
        ]
      },
      {
        "date": "2023-09-01",
        "close": 11.667726,
        "volume": 420995,
        "typical_volume": 744505.55,
        "trend": 10.501505,
        "fair_value": 8.304987,
        "relative_strength": 1.501592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.170953,
        "energy": 70.703807,
        "activity_lines": [
          11.697506,
          11.047631,
          10.680272,
          10.590628
        ]
      },
      {
        "date": "2023-09-08",
        "close": 11.782115,
        "volume": 361165,
        "typical_volume": 749812.65,
        "trend": 10.523641,
        "fair_value": 8.364141,
        "relative_strength": 3.568875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.795305,
        "energy": 70.767892,
        "activity_lines": [
          11.797377,
          11.267126,
          10.792485,
          10.673248
        ]
      },
      {
        "date": "2023-09-15",
        "close": 12.325465,
        "volume": 539237,
        "typical_volume": 761413.95,
        "trend": 10.585726,
        "fair_value": 8.427388,
        "relative_strength": 8.287489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.812923,
        "energy": 70.733734,
        "activity_lines": [
          11.955606,
          11.547963,
          10.950932,
          10.789495
        ]
      },
      {
        "date": "2023-09-22",
        "close": 11.906037,
        "volume": 386626,
        "typical_volume": 763134.6,
        "trend": 10.641742,
        "fair_value": 8.488797,
        "relative_strength": 7.420181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.802672,
        "energy": 55.55804,
        "activity_lines": [
          11.944167,
          11.705037,
          11.061379,
          10.874676
        ]
      },
      {
        "date": "2023-09-29",
        "close": 13.517022,
        "volume": 1285897,
        "typical_volume": 799540.8,
        "trend": 10.729621,
        "fair_value": 8.559377,
        "relative_strength": 22.317857,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.47005,
        "energy": 72.524962,
        "activity_lines": [
          12.494507,
          12.110136,
          11.31933,
          11.060178
        ]
      },
      {
        "date": "2023-10-06",
        "close": 12.439855,
        "volume": 857473,
        "typical_volume": 800380.5,
        "trend": 10.784442,
        "fair_value": 8.622748,
        "relative_strength": 11.738158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.551852,
        "energy": 57.944344,
        "activity_lines": [
          12.561235,
          12.249701,
          11.460738,
          11.170516
        ]
      },
      {
        "date": "2023-10-13",
        "close": 13.030867,
        "volume": 373768,
        "typical_volume": 792075.0,
        "trend": 10.906436,
        "fair_value": 8.689712,
        "relative_strength": 16.04672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.882073,
        "energy": 57.499603,
        "activity_lines": [
          12.773491,
          12.44835,
          11.654444,
          11.315447
        ]
      },
      {
        "date": "2023-10-20",
        "close": 13.3931,
        "volume": 634388,
        "typical_volume": 798734.4,
        "trend": 11.053163,
        "fair_value": 8.75822,
        "relative_strength": 21.707945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.941846,
        "energy": 64.449361,
        "activity_lines": [
          13.023241,
          12.656675,
          11.872681,
          11.475877
        ]
      },
      {
        "date": "2023-10-27",
        "close": 12.773491,
        "volume": 433528,
        "typical_volume": 784407.25,
        "trend": 11.156451,
        "fair_value": 8.82519,
        "relative_strength": 18.499823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.779974,
        "energy": 46.323636,
        "activity_lines": [
          12.995279,
          12.724788,
          12.02026,
          11.586865
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.029051,
        "volume": 848915,
        "typical_volume": 773853.7,
        "trend": 11.182285,
        "fair_value": 8.878859,
        "relative_strength": -3.180236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.894003,
        "energy": 22.547649,
        "activity_lines": [
          12.328007,
          12.466719,
          11.993322,
          11.578646
        ]
      },
      {
        "date": "2023-11-10",
        "close": 9.894689,
        "volume": 965505,
        "typical_volume": 668944.75,
        "trend": 11.138975,
        "fair_value": 8.924698,
        "relative_strength": -14.077758,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.767687,
        "energy": 13.777002,
        "activity_lines": [
          11.448479,
          12.013667,
          11.853754,
          11.495575
        ]
      },
      {
        "date": "2023-11-17",
        "close": 9.875532,
        "volume": 1077031,
        "typical_volume": 682099.4,
        "trend": 11.114015,
        "fair_value": 8.968527,
        "relative_strength": -15.893542,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -32.811156,
        "energy": 37.846475,
        "activity_lines": [
          10.732243,
          11.58937,
          11.709326,
          11.414063
        ]
      },
      {
        "date": "2023-11-24",
        "close": 9.875532,
        "volume": 453039,
        "typical_volume": 675738.7,
        "trend": 11.088739,
        "fair_value": 9.009251,
        "relative_strength": -16.405189,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.000426,
        "energy": 44.025018,
        "activity_lines": [
          10.226363,
          11.199737,
          11.564168,
          11.334161
        ]
      },
      {
        "date": "2023-12-01",
        "close": 9.645646,
        "volume": 1693805,
        "typical_volume": 725825.7,
        "trend": 11.05485,
        "fair_value": 9.049659,
        "relative_strength": -18.707516,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.663805,
        "energy": 63.509429,
        "activity_lines": [
          9.878359,
          10.812851,
          11.396342,
          11.241058
        ]
      },
      {
        "date": "2023-12-08",
        "close": 9.693539,
        "volume": 1490468,
        "typical_volume": 779444.05,
        "trend": 11.02509,
        "fair_value": 9.087757,
        "relative_strength": -18.123884,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.977975,
        "energy": 61.722218,
        "activity_lines": [
          9.754842,
          10.475771,
          11.232085,
          11.153232
        ]
      },
      {
        "date": "2023-12-15",
        "close": 9.837217,
        "volume": 1610136,
        "typical_volume": 835135.35,
        "trend": 10.966256,
        "fair_value": 9.12641,
        "relative_strength": -18.442905,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.963435,
        "energy": 48.527303,
        "activity_lines": [
          9.768252,
          10.234333,
          11.081469,
          11.076595
        ]
      },
      {
        "date": "2023-12-22",
        "close": 9.894689,
        "volume": 1075343,
        "typical_volume": 866225.5,
        "trend": 10.931491,
        "fair_value": 9.166832,
        "relative_strength": -18.292567,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.195337,
        "energy": 36.014748,
        "activity_lines": [
          9.80465,
          10.050664,
          10.936051,
          11.007461
        ]
      },
      {
        "date": "2023-12-29",
        "close": 9.798903,
        "volume": 969554,
        "typical_volume": 844559.65,
        "trend": 10.893216,
        "fair_value": 9.207491,
        "relative_strength": -18.93095,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -32.826606,
        "energy": 34.407905,
        "activity_lines": [
          9.807843,
          9.906601,
          10.781729,
          10.934391
        ]
      },
      {
        "date": "2024-01-05",
        "close": 9.808482,
        "volume": 931234,
        "typical_volume": 843702.15,
        "trend": 10.853046,
        "fair_value": 9.242674,
        "relative_strength": -17.193492,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.942746,
        "energy": 32.137752,
        "activity_lines": [
          9.819337,
          9.829629,
          10.638218,
          10.864408
        ]
      },
      {
        "date": "2024-01-12",
        "close": 9.262502,
        "volume": 1421692,
        "typical_volume": 891489.95,
        "trend": 10.826325,
        "fair_value": 9.272835,
        "relative_strength": -22.747635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.657766,
        "energy": 48.84479,
        "activity_lines": [
          9.637983,
          9.707297,
          10.454468,
          10.761792
        ]
      },
      {
        "date": "2024-01-19",
        "close": 9.128401,
        "volume": 725284,
        "typical_volume": 906704.4,
        "trend": 10.822034,
        "fair_value": 9.303111,
        "relative_strength": -24.275947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.925235,
        "energy": 62.084651,
        "activity_lines": [
          9.440664,
          9.592702,
          10.269308,
          10.652249
        ]
      },
      {
        "date": "2024-01-26",
        "close": 10.038368,
        "volume": 754513,
        "typical_volume": 926371.8,
        "trend": 10.832568,
        "fair_value": 9.339889,
        "relative_strength": -17.237238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.887829,
        "energy": 41.349701,
        "activity_lines": [
          9.593921,
          9.657488,
          10.182905,
          10.60169
        ]
      },
      {
        "date": "2024-02-02",
        "close": 9.578595,
        "volume": 790677,
        "typical_volume": 938943.8,
        "trend": 10.828093,
        "fair_value": 9.370189,
        "relative_strength": -21.652235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.127142,
        "energy": 48.151041,
        "activity_lines": [
          9.584342,
          9.635719,
          10.061017,
          10.520788
        ]
      },
      {
        "date": "2024-02-09",
        "close": 9.482809,
        "volume": 834103,
        "typical_volume": 961317.65,
        "trend": 10.829603,
        "fair_value": 9.400789,
        "relative_strength": -22.972041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.939329,
        "energy": 47.012657,
        "activity_lines": [
          9.557522,
          9.601932,
          9.943086,
          10.433996
        ]
      },
      {
        "date": "2024-02-16",
        "close": 9.674381,
        "volume": 1160687,
        "typical_volume": 955057.15,
        "trend": 10.82927,
        "fair_value": 9.429087,
        "relative_strength": -20.733216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.888716,
        "energy": 32.441842,
        "activity_lines": [
          9.616271,
          9.605938,
          9.85494,
          10.359465
        ]
      },
      {
        "date": "2024-02-23",
        "close": 9.81806,
        "volume": 617195,
        "typical_volume": 943043.25,
        "trend": 10.830562,
        "fair_value": 9.458488,
        "relative_strength": -20.447548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.648742,
        "energy": 31.749338,
        "activity_lines": [
          9.695454,
          9.636415,
          9.798776,
          10.294226
        ]
      },
      {
        "date": "2024-03-01",
        "close": 10.249097,
        "volume": 767212,
        "typical_volume": 962715.45,
        "trend": 10.840841,
        "fair_value": 9.488035,
        "relative_strength": -17.283719,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.498057,
        "energy": 21.815246,
        "activity_lines": [
          9.872339,
          9.745611,
          9.796148,
          10.256712
        ]
      },
      {
        "date": "2024-03-08",
        "close": 10.699291,
        "volume": 1393859,
        "typical_volume": 1000689.0,
        "trend": 10.801564,
        "fair_value": 9.520195,
        "relative_strength": -12.940458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.323507,
        "energy": 12.999889,
        "activity_lines": [
          10.18524,
          9.930217,
          9.849642,
          10.24758
        ]
      },
      {
        "date": "2024-03-15",
        "close": 11.141576,
        "volume": 695451,
        "typical_volume": 1013785.15,
        "trend": 10.76369,
        "fair_value": 9.555159,
        "relative_strength": -9.106068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 16.121734,
        "energy": 29.675545,
        "activity_lines": [
          10.570856,
          10.178867,
          9.958086,
          10.269516
        ]
      },
      {
        "date": "2024-03-22",
        "close": 10.708613,
        "volume": 830498,
        "typical_volume": 1012864.3,
        "trend": 10.732355,
        "fair_value": 9.589964,
        "relative_strength": -14.374105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 3.127686,
        "energy": 27.367473,
        "activity_lines": [
          10.701566,
          10.324559,
          10.033067,
          10.265963
        ]
      },
      {
        "date": "2024-03-29",
        "close": 10.862555,
        "volume": 1086683,
        "typical_volume": 1018923.2,
        "trend": 10.705516,
        "fair_value": 9.624418,
        "relative_strength": -13.228827,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 25.532461,
        "energy": 44.18013,
        "activity_lines": [
          10.814642,
          10.471947,
          10.124234,
          10.274363
        ]
      },
      {
        "date": "2024-04-05",
        "close": 11.401353,
        "volume": 595899,
        "typical_volume": 994866.6,
        "trend": 10.692824,
        "fair_value": 9.664151,
        "relative_strength": -7.855593,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.128467,
        "energy": 58.984281,
        "activity_lines": [
          11.037684,
          10.685769,
          10.262107,
          10.319256
        ]
      },
      {
        "date": "2024-04-12",
        "close": 11.151197,
        "volume": 546579,
        "typical_volume": 999543.6,
        "trend": 10.653682,
        "fair_value": 9.702159,
        "relative_strength": -8.117629,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.663632,
        "energy": 49.387031,
        "activity_lines": [
          11.100524,
          10.829326,
          10.368889,
          10.348828
        ]
      },
      {
        "date": "2024-04-19",
        "close": 10.439214,
        "volume": 577686,
        "typical_volume": 943737.65,
        "trend": 10.604788,
        "fair_value": 9.735603,
        "relative_strength": -10.89306,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.377961,
        "energy": 29.751019,
        "activity_lines": [
          10.895909,
          10.814839,
          10.401789,
          10.334991
        ]
      },
      {
        "date": "2024-04-26",
        "close": 9.86193,
        "volume": 789640,
        "typical_volume": 908696.25,
        "trend": 10.482951,
        "fair_value": 9.763946,
        "relative_strength": -17.552325,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -2.270092,
        "energy": 8.370401,
        "activity_lines": [
          10.545691,
          10.678002,
          10.375931,
          10.287065
        ]
      },
      {
        "date": "2024-05-03",
        "close": 9.669502,
        "volume": 1021040,
        "typical_volume": 879241.45,
        "trend": 10.390606,
        "fair_value": 9.789231,
        "relative_strength": -19.157606,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.238704,
        "energy": 22.190466,
        "activity_lines": [
          10.187775,
          10.502768,
          10.330944,
          10.234585
        ]
      },
      {
        "date": "2024-05-10",
        "close": 9.669502,
        "volume": 689717,
        "typical_volume": 859960.15,
        "trend": 10.278561,
        "fair_value": 9.813784,
        "relative_strength": -20.145606,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.047643,
        "energy": 28.807458,
        "activity_lines": [
          9.909396,
          10.330235,
          10.286756,
          10.188062
        ]
      },
      {
        "date": "2024-05-17",
        "close": 10.083594,
        "volume": 561721,
        "typical_volume": 839568.5,
        "trend": 10.168244,
        "fair_value": 9.836185,
        "relative_strength": -17.460588,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.324842,
        "energy": 25.848702,
        "activity_lines": [
          9.884504,
          10.24353,
          10.283078,
          10.175483
        ]
      },
      {
        "date": "2024-05-24",
        "close": 10.035255,
        "volume": 426334,
        "typical_volume": 814323.5,
        "trend": 10.076969,
        "fair_value": 9.851823,
        "relative_strength": -17.340403,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.519015,
        "energy": 22.207064,
        "activity_lines": [
          9.914673,
          10.15923,
          10.27344,
          10.166903
        ]
      },
      {
        "date": "2024-05-31",
        "close": 10.199609,
        "volume": 411741,
        "typical_volume": 763825.95,
        "trend": 10.049321,
        "fair_value": 9.868729,
        "relative_strength": -15.1864,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.922854,
        "energy": 13.608632,
        "activity_lines": [
          10.026557,
          10.124928,
          10.278376,
          10.174816
        ]
      },
      {
        "date": "2024-06-07",
        "close": 9.986915,
        "volume": 554651,
        "typical_volume": 755294.3,
        "trend": 10.052395,
        "fair_value": 9.884788,
        "relative_strength": -17.480284,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -11.041117,
        "energy": 8.516872,
        "activity_lines": [
          10.045031,
          10.061208,
          10.258592,
          10.170789
        ]
      },
      {
        "date": "2024-06-14",
        "close": 9.474518,
        "volume": 402737,
        "typical_volume": 737705.5,
        "trend": 10.039028,
        "fair_value": 9.896224,
        "relative_strength": -22.605149,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -25.261981,
        "energy": 17.704597,
        "activity_lines": [
          9.871545,
          9.920247,
          10.18592,
          10.133507
        ]
      },
      {
        "date": "2024-06-21",
        "close": 9.899904,
        "volume": 346833,
        "typical_volume": 715513.3,
        "trend": 10.039841,
        "fair_value": 9.912517,
        "relative_strength": -19.407891,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -11.68393,
        "energy": 13.232975,
        "activity_lines": [
          9.852854,
          9.891661,
          10.156446,
          10.124531
        ]
      },
      {
        "date": "2024-06-28",
        "close": 10.170605,
        "volume": 597606,
        "typical_volume": 703688.45,
        "trend": 10.057339,
        "fair_value": 9.927624,
        "relative_strength": -16.908429,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.799354,
        "energy": 7.974144,
        "activity_lines": [
          9.936642,
          9.935045,
          10.151224,
          10.132968
        ]
      },
      {
        "date": "2024-07-05",
        "close": 9.899904,
        "volume": 287632,
        "typical_volume": 660035.7,
        "trend": 10.064218,
        "fair_value": 9.930527,
        "relative_strength": -20.325441,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.817465,
        "energy": 14.558291,
        "activity_lines": [
          9.921174,
          9.934094,
          10.116945,
          10.12281
        ]
      },
      {
        "date": "2024-07-12",
        "close": 10.247948,
        "volume": 413354,
        "typical_volume": 649843.65,
        "trend": 10.077909,
        "fair_value": 9.947773,
        "relative_strength": -18.101346,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.745639,
        "energy": 3.862211,
        "activity_lines": [
          10.0417,
          9.995734,
          10.114739,
          10.134664
        ]
      },
      {
        "date": "2024-07-19",
        "close": 10.634663,
        "volume": 368020,
        "typical_volume": 629884.05,
        "trend": 10.102575,
        "fair_value": 9.96628,
        "relative_strength": -13.13246,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.896107,
        "energy": 21.928414,
        "activity_lines": [
          10.273729,
          10.117168,
          10.147316,
          10.170584
        ]
      },
      {
        "date": "2024-07-26",
        "close": 11.079385,
        "volume": 359834,
        "typical_volume": 578182.8,
        "trend": 10.145258,
        "fair_value": 9.988308,
        "relative_strength": -8.636839,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 58.150818,
        "energy": 45.337094,
        "activity_lines": [
          10.576656,
          10.301912,
          10.220411,
          10.233604
        ]
      },
      {
        "date": "2024-08-02",
        "close": 11.620786,
        "volume": 586369,
        "typical_volume": 572728.7,
        "trend": 10.205668,
        "fair_value": 10.015024,
        "relative_strength": -2.033355,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.424038,
        "energy": 65.312747,
        "activity_lines": [
          10.981417,
          10.566988,
          10.343259,
          10.328799
        ]
      },
      {
        "date": "2024-08-09",
        "close": 11.108389,
        "volume": 368013,
        "typical_volume": 549604.45,
        "trend": 10.267197,
        "fair_value": 10.042715,
        "relative_strength": -5.865781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.143846,
        "energy": 64.653966,
        "activity_lines": [
          11.118701,
          10.710072,
          10.415025,
          10.387039
        ]
      },
      {
        "date": "2024-08-16",
        "close": 11.234621,
        "volume": 301423,
        "typical_volume": 510341.45,
        "trend": 10.337405,
        "fair_value": 10.069694,
        "relative_strength": -7.796659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.007671,
        "energy": 66.674478,
        "activity_lines": [
          11.217497,
          10.859585,
          10.496909,
          10.449454
        ]
      },
      {
        "date": "2024-08-23",
        "close": 11.758968,
        "volume": 344007,
        "typical_volume": 497746.85,
        "trend": 10.394758,
        "fair_value": 10.099912,
        "relative_strength": -4.339585,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.197426,
        "energy": 67.920845,
        "activity_lines": [
          11.425297,
          11.081748,
          10.626959,
          10.541167
        ]
      },
      {
        "date": "2024-08-30",
        "close": 12.089112,
        "volume": 244982,
        "typical_volume": 482667.0,
        "trend": 10.478442,
        "fair_value": 10.132186,
        "relative_strength": -1.510522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.550165,
        "energy": 66.644467,
        "activity_lines": [
          11.668191,
          11.322401,
          10.786749,
          10.65048
        ]
      },
      {
        "date": "2024-09-06",
        "close": 11.302591,
        "volume": 184327,
        "typical_volume": 462999.05,
        "trend": 10.539101,
        "fair_value": 10.148889,
        "relative_strength": -3.441163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.499324,
        "energy": 49.906036,
        "activity_lines": [
          11.581596,
          11.380247,
          10.867165,
          10.703651
        ]
      },
      {
        "date": "2024-09-13",
        "close": 11.496794,
        "volume": 190210,
        "typical_volume": 433027.55,
        "trend": 10.599848,
        "fair_value": 10.171766,
        "relative_strength": -4.92134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.701986,
        "energy": 44.155816,
        "activity_lines": [
          11.580948,
          11.452821,
          10.961966,
          10.765438
        ]
      },
      {
        "date": "2024-09-20",
        "close": 11.788098,
        "volume": 406753,
        "typical_volume": 402313.2,
        "trend": 10.665516,
        "fair_value": 10.196207,
        "relative_strength": -3.24938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.687757,
        "energy": 42.187928,
        "activity_lines": [
          11.651509,
          11.549325,
          11.076725,
          10.842099
        ]
      },
      {
        "date": "2024-09-27",
        "close": 11.370562,
        "volume": 237905,
        "typical_volume": 379722.6,
        "trend": 10.702898,
        "fair_value": 10.215719,
        "relative_strength": -6.179577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.839984,
        "energy": 30.461863,
        "activity_lines": [
          11.545992,
          11.541911,
          11.14163,
          10.887586
        ]
      },
      {
        "date": "2024-10-04",
        "close": 11.739547,
        "volume": 168604,
        "typical_volume": 360066.75,
        "trend": 10.737574,
        "fair_value": 10.22798,
        "relative_strength": -2.607385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.76206,
        "energy": 32.478063,
        "activity_lines": [
          11.589364,
          11.588205,
          11.233577,
          10.954467
        ]
      },
      {
        "date": "2024-10-11",
        "close": 12.001721,
        "volume": 197931,
        "typical_volume": 348646.6,
        "trend": 10.766245,
        "fair_value": 10.24387,
        "relative_strength": -0.667155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.227975,
        "energy": 36.843793,
        "activity_lines": [
          11.743431,
          11.670164,
          11.342607,
          11.036025
        ]
      },
      {
        "date": "2024-10-18",
        "close": 11.94346,
        "volume": 257526,
        "typical_volume": 340935.85,
        "trend": 10.807407,
        "fair_value": 10.258838,
        "relative_strength": -0.918075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.618985,
        "energy": 36.06112,
        "activity_lines": [
          11.83147,
          11.734604,
          11.436723,
          11.111974
        ]
      },
      {
        "date": "2024-10-25",
        "close": 11.97259,
        "volume": 195938,
        "typical_volume": 323000.2,
        "trend": 10.844408,
        "fair_value": 10.275028,
        "relative_strength": 1.300505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.056929,
        "energy": 44.208912,
        "activity_lines": [
          11.899441,
          11.789157,
          11.525311,
          11.187147
        ]
      },
      {
        "date": "2024-11-01",
        "close": 12.778531,
        "volume": 553756,
        "typical_volume": 330551.15,
        "trend": 10.890314,
        "fair_value": 10.295106,
        "relative_strength": 9.980252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.407635,
        "energy": 71.988748,
        "activity_lines": [
          12.223759,
          11.976827,
          11.681199,
          11.311929
        ]
      },
      {
        "date": "2024-11-08",
        "close": 14.866209,
        "volume": 1030229,
        "typical_volume": 364720.95,
        "trend": 11.014148,
        "fair_value": 10.324184,
        "relative_strength": 21.900106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.595666,
        "energy": 92.164708,
        "activity_lines": [
          13.150105,
          12.525538,
          12.020179,
          11.568439
        ]
      },
      {
        "date": "2024-11-15",
        "close": 14.710338,
        "volume": 885697,
        "typical_volume": 379125.5,
        "trend": 11.156518,
        "fair_value": 10.356158,
        "relative_strength": 22.846588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.195483,
        "energy": 95.167664,
        "activity_lines": [
          13.816051,
          12.995416,
          12.320667,
          11.806902
        ]
      },
      {
        "date": "2024-11-22",
        "close": 16.395695,
        "volume": 1045330,
        "typical_volume": 417010.4,
        "trend": 11.374311,
        "fair_value": 10.400884,
        "relative_strength": 33.977809,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.224336,
        "energy": 98.283428,
        "activity_lines": [
          14.863207,
          13.709763,
          12.760046,
          12.144914
        ]
      },
      {
        "date": "2024-11-29",
        "close": 16.07421,
        "volume": 715573,
        "typical_volume": 432121.35,
        "trend": 11.587801,
        "fair_value": 10.443001,
        "relative_strength": 29.165557,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.075258,
        "energy": 94.232426,
        "activity_lines": [
          15.506386,
          14.276588,
          13.137875,
          12.448133
        ]
      },
      {
        "date": "2024-12-06",
        "close": 15.4215,
        "volume": 1208544,
        "typical_volume": 474147.55,
        "trend": 11.779534,
        "fair_value": 10.479838,
        "relative_strength": 22.389799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.338275,
        "energy": 88.167043,
        "activity_lines": [
          15.658554,
          14.646808,
          13.425798,
          12.695469
        ]
      },
      {
        "date": "2024-12-13",
        "close": 15.02208,
        "volume": 968925,
        "typical_volume": 504602.1,
        "trend": 11.94415,
        "fair_value": 10.513872,
        "relative_strength": 19.519551,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.578884,
        "energy": 75.089107,
        "activity_lines": [
          15.501384,
          14.870754,
          13.652886,
          12.904665
        ]
      },
      {
        "date": "2024-12-20",
        "close": 13.590014,
        "volume": 908068,
        "typical_volume": 520687.05,
        "trend": 12.062642,
        "fair_value": 10.538969,
        "relative_strength": 9.96267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.594527,
        "energy": 54.70603,
        "activity_lines": [
          14.856467,
          14.774641,
          13.724812,
          13.01085
        ]
      },
      {
        "date": "2024-12-27",
        "close": 14.359628,
        "volume": 436956,
        "typical_volume": 524134.2,
        "trend": 12.20131,
        "fair_value": 10.568512,
        "relative_strength": 15.091764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.592074,
        "energy": 36.960843,
        "activity_lines": [
          14.542776,
          14.78958,
          13.860658,
          13.159042
        ]
      },
      {
        "date": "2025-01-03",
        "close": 16.006017,
        "volume": 426507,
        "typical_volume": 530388.4,
        "trend": 12.401946,
        "fair_value": 10.60794,
        "relative_strength": 28.267324,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.460637,
        "energy": 42.551292,
        "activity_lines": [
          14.91362,
          15.059932,
          14.13782,
          13.404507
        ]
      },
      {
        "date": "2025-01-10",
        "close": 15.431242,
        "volume": 588560,
        "typical_volume": 542616.05,
        "trend": 12.600504,
        "fair_value": 10.643318,
        "relative_strength": 25.313455,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.214442,
        "energy": 37.603807,
        "activity_lines": [
          15.097418,
          15.152445,
          14.337521,
          13.599946
        ]
      },
      {
        "date": "2025-01-17",
        "close": 17.136083,
        "volume": 704932,
        "typical_volume": 565613.55,
        "trend": 12.84171,
        "fair_value": 10.688469,
        "relative_strength": 34.022697,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 80.864794,
        "energy": 59.046195,
        "activity_lines": [
          15.848847,
          15.506698,
          14.6821,
          13.892564
        ]
      },
      {
        "date": "2025-01-24",
        "close": 17.22376,
        "volume": 500078,
        "typical_volume": 581401.1,
        "trend": 13.076815,
        "fair_value": 10.737346,
        "relative_strength": 31.523183,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.020584,
        "energy": 71.595003,
        "activity_lines": [
          16.488568,
          15.835621,
          15.010997,
          14.175277
        ]
      },
      {
        "date": "2025-01-31",
        "close": 15.967049,
        "volume": 609692,
        "typical_volume": 602375.2,
        "trend": 13.279053,
        "fair_value": 10.778046,
        "relative_strength": 22.417848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.725796,
        "energy": 58.644245,
        "activity_lines": [
          16.467136,
          15.890353,
          15.192011,
          14.361744
        ]
      },
      {
        "date": "2025-02-07",
        "close": 16.083952,
        "volume": 392292,
        "typical_volume": 601652.15,
        "trend": 13.473586,
        "fair_value": 10.820225,
        "relative_strength": 22.701161,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.214354,
        "energy": 58.166796,
        "activity_lines": [
          16.37751,
          15.974134,
          15.362871,
          14.542705
        ]
      },
      {
        "date": "2025-02-14",
        "close": 17.321179,
        "volume": 390161,
        "typical_volume": 609264.95,
        "trend": 13.69647,
        "fair_value": 10.871005,
        "relative_strength": 29.202964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.219203,
        "energy": 54.654137,
        "activity_lines": [
          16.695097,
          16.282688,
          15.631106,
          14.790937
        ]
      },
      {
        "date": "2025-02-21",
        "close": 16.970469,
        "volume": 358771,
        "typical_volume": 618773.3,
        "trend": 13.89284,
        "fair_value": 10.921301,
        "relative_strength": 27.67408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.814851,
        "energy": 48.791251,
        "activity_lines": [
          16.769785,
          16.492937,
          15.837604,
          15.002162
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.278791,
        "volume": 481671,
        "typical_volume": 632960.3,
        "trend": 14.048107,
        "fair_value": 10.963878,
        "relative_strength": 22.894233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.78262,
        "energy": 42.312467,
        "activity_lines": [
          16.624955,
          16.542001,
          15.953319,
          15.156095
        ]
      },
      {
        "date": "2025-03-07",
        "close": 14.203757,
        "volume": 895173,
        "typical_volume": 664842.65,
        "trend": 14.151286,
        "fair_value": 10.992726,
        "relative_strength": 10.297163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.192982,
        "energy": 17.940557,
        "activity_lines": [
          15.851444,
          16.164899,
          15.851044,
          15.166137
        ]
      },
      {
        "date": "2025-03-14",
        "close": 13.950466,
        "volume": 596516,
        "typical_volume": 684871.55,
        "trend": 14.241814,
        "fair_value": 11.010944,
        "relative_strength": 10.594734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 5.116554,
        "energy": 14.538058,
        "activity_lines": [
          15.111057,
          15.744578,
          15.713884,
          15.15318
        ]
      },
      {
        "date": "2025-03-21",
        "close": 13.842854,
        "volume": 642782,
        "typical_volume": 689322.85,
        "trend": 14.311277,
        "fair_value": 11.032671,
        "relative_strength": 8.837631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -8.03738,
        "energy": 26.865613,
        "activity_lines": [
          14.47703,
          15.342065,
          15.557056,
          15.127441
        ]
      },
      {
        "date": "2025-03-28",
        "close": 13.950466,
        "volume": 416598,
        "typical_volume": 658641.3,
        "trend": 14.373322,
        "fair_value": 11.0588,
        "relative_strength": 10.940469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -24.805829,
        "energy": 37.093731,
        "activity_lines": [
          14.110763,
          14.987998,
          15.405408,
          15.104163
        ]
      },
      {
        "date": "2025-04-04",
        "close": 11.534081,
        "volume": 639674,
        "typical_volume": 646340.15,
        "trend": 14.381038,
        "fair_value": 11.071266,
        "relative_strength": 0.822208,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.922219,
        "energy": 67.452836,
        "activity_lines": [
          13.140368,
          14.252508,
          15.027989,
          14.920986
        ]
      },
      {
        "date": "2025-04-11",
        "close": 11.984096,
        "volume": 768308,
        "typical_volume": 632489.05,
        "trend": 14.397282,
        "fair_value": 11.08686,
        "relative_strength": -0.895549,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.50297,
        "energy": 70.235677,
        "activity_lines": [
          12.636292,
          13.702288,
          14.708554,
          14.766345
        ]
      },
      {
        "date": "2025-04-18",
        "close": 12.346065,
        "volume": 320136,
        "typical_volume": 612717.2,
        "trend": 14.41588,
        "fair_value": 11.109096,
        "relative_strength": 3.373649,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.905882,
        "energy": 68.132912,
        "activity_lines": [
          12.400849,
          13.290298,
          14.4446,
          14.634008
        ]
      },
      {
        "date": "2025-04-25",
        "close": 11.993879,
        "volume": 433700,
        "typical_volume": 573975.0,
        "trend": 14.436658,
        "fair_value": 11.124387,
        "relative_strength": -4.167422,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.969591,
        "energy": 68.558174,
        "activity_lines": [
          12.154971,
          12.882236,
          14.164857,
          14.47775
        ]
      },
      {
        "date": "2025-05-02",
        "close": 12.052577,
        "volume": 827420,
        "typical_volume": 566899.75,
        "trend": 14.447092,
        "fair_value": 11.142672,
        "relative_strength": -6.604492,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.234855,
        "energy": 62.781511,
        "activity_lines": [
          12.051925,
          12.581706,
          13.907027,
          14.323938
        ]
      },
      {
        "date": "2025-05-09",
        "close": 11.142764,
        "volume": 739208,
        "typical_volume": 558456.75,
        "trend": 14.41846,
        "fair_value": 11.154394,
        "relative_strength": -13.353449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.859392,
        "energy": 63.401225,
        "activity_lines": [
          11.772133,
          12.205171,
          13.576688,
          14.110756
        ]
      },
      {
        "date": "2025-05-16",
        "close": 11.054251,
        "volume": 649615,
        "typical_volume": 569089.7,
        "trend": 14.38882,
        "fair_value": 11.164819,
        "relative_strength": -18.31422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.325583,
        "energy": 60.040477,
        "activity_lines": [
          11.488924,
          11.905926,
          13.249573,
          13.89371
        ]
      },
      {
        "date": "2025-05-23",
        "close": 10.808382,
        "volume": 604122,
        "typical_volume": 577970.45,
        "trend": 14.350013,
        "fair_value": 11.168007,
        "relative_strength": -18.013134,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.930999,
        "energy": 63.522595,
        "activity_lines": [
          11.185749,
          11.619241,
          12.914782,
          13.662714
        ]
      },
      {
        "date": "2025-05-30",
        "close": 10.474001,
        "volume": 636445,
        "typical_volume": 580364.7,
        "trend": 14.273195,
        "fair_value": 11.169721,
        "relative_strength": -21.815448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.334815,
        "energy": 73.776877,
        "activity_lines": [
          10.873626,
          11.328888,
          12.572895,
          13.412649
        ]
      },
      {
        "date": "2025-06-06",
        "close": 11.821361,
        "volume": 1995706,
        "typical_volume": 644903.4,
        "trend": 14.1717,
        "fair_value": 11.183603,
        "relative_strength": -13.251982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.71996,
        "energy": 60.058016,
        "activity_lines": [
          11.111948,
          11.344762,
          12.382935,
          13.254466
        ]
      },
      {
        "date": "2025-06-13",
        "close": 12.637645,
        "volume": 1196892,
        "typical_volume": 679744.1,
        "trend": 14.10261,
        "fair_value": 11.201499,
        "relative_strength": -7.203405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.034203,
        "energy": 39.234037,
        "activity_lines": [
          11.637779,
          11.547761,
          12.296024,
          13.155495
        ]
      },
      {
        "date": "2025-06-20",
        "close": 12.352437,
        "volume": 1152640,
        "typical_volume": 706891.5,
        "trend": 13.967835,
        "fair_value": 11.218846,
        "relative_strength": -9.332983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.868232,
        "energy": 27.138634,
        "activity_lines": [
          11.968882,
          11.67884,
          12.203789,
          13.04258
        ]
      },
      {
        "date": "2025-06-27",
        "close": 12.018056,
        "volume": 1309269,
        "typical_volume": 752740.35,
        "trend": 13.83263,
        "fair_value": 11.232892,
        "relative_strength": -14.791434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.325629,
        "energy": 24.748129,
        "activity_lines": [
          12.101979,
          11.742426,
          12.096921,
          12.916788
        ]
      },
      {
        "date": "2025-07-04",
        "close": 12.136073,
        "volume": 884694,
        "typical_volume": 777467.0,
        "trend": 13.723116,
        "fair_value": 11.247939,
        "relative_strength": -15.48451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.101536,
        "energy": 24.679705,
        "activity_lines": [
          12.19377,
          11.833433,
          12.020653,
          12.807333
        ]
      },
      {
        "date": "2025-07-11",
        "close": 12.106569,
        "volume": 791971,
        "typical_volume": 799127.0,
        "trend": 13.625932,
        "fair_value": 11.267909,
        "relative_strength": -15.520109,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.852581,
        "energy": 19.291949,
        "activity_lines": [
          12.164922,
          11.91649,
          11.966267,
          12.70304
        ]
      },
      {
        "date": "2025-07-18",
        "close": 11.359128,
        "volume": 1289819,
        "typical_volume": 839534.4,
        "trend": 13.551569,
        "fair_value": 11.283331,
        "relative_strength": -21.136127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.846161,
        "energy": 29.016191,
        "activity_lines": [
          11.867912,
          11.862667,
          11.863858,
          12.556794
        ]
      },
      {
        "date": "2025-07-25",
        "close": 12.145908,
        "volume": 791128,
        "typical_volume": 834332.15,
        "trend": 13.477779,
        "fair_value": 11.305257,
        "relative_strength": -16.826531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.819677,
        "energy": 22.602289,
        "activity_lines": [
          11.918397,
          11.947961,
          11.859807,
          12.466106
        ]
      },
      {
        "date": "2025-08-01",
        "close": 12.509793,
        "volume": 1262834,
        "typical_volume": 867648.05,
        "trend": 13.361238,
        "fair_value": 11.331463,
        "relative_strength": -12.071201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.85804,
        "energy": 13.188448,
        "activity_lines": [
          12.103946,
          12.079568,
          11.90021,
          12.403656
        ]
      },
      {
        "date": "2025-08-08",
        "close": 12.450785,
        "volume": 598451,
        "typical_volume": 865431.5,
        "trend": 13.261889,
        "fair_value": 11.357109,
        "relative_strength": -14.497221,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.243044,
        "energy": 8.611434,
        "activity_lines": [
          12.237043,
          12.169511,
          11.941855,
          12.344917
        ]
      },
      {
        "date": "2025-08-15",
        "close": 12.431021,
        "volume": 636963,
        "typical_volume": 876449.75,
        "trend": 13.105054,
        "fair_value": 11.38421,
        "relative_strength": -15.378034,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.027982,
        "energy": 11.272838,
        "activity_lines": [
          12.342571,
          12.219919,
          11.988246,
          12.291312
        ]
      },
      {
        "date": "2025-08-22",
        "close": 13.399416,
        "volume": 743958,
        "typical_volume": 881663.95,
        "trend": 12.977576,
        "fair_value": 11.413137,
        "relative_strength": -9.01844,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 11.056267,
        "energy": 19.175717,
        "activity_lines": [
          12.749268,
          12.435315,
          12.1341,
          12.310303
        ]
      },
      {
        "date": "2025-08-29",
        "close": 14.101008,
        "volume": 898360,
        "typical_volume": 888166.55,
        "trend": 12.915374,
        "fair_value": 11.443883,
        "relative_strength": -4.227935,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 40.278931,
        "energy": 50.182949,
        "activity_lines": [
          13.253809,
          12.764422,
          12.33789,
          12.382783
        ]
      },
      {
        "date": "2025-09-05",
        "close": 13.982429,
        "volume": 436050,
        "typical_volume": 893962.25,
        "trend": 12.845324,
        "fair_value": 11.473322,
        "relative_strength": -5.388634,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.039627,
        "energy": 62.568997,
        "activity_lines": [
          13.588483,
          13.040177,
          12.520307,
          12.451625
        ]
      },
      {
        "date": "2025-09-12",
        "close": 13.498231,
        "volume": 432394,
        "typical_volume": 893896.95,
        "trend": 12.717892,
        "fair_value": 11.498074,
        "relative_strength": -10.064365,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.143881,
        "energy": 61.144525,
        "activity_lines": [
          13.663583,
          13.19218,
          12.648817,
          12.493748
        ]
      },
      {
        "date": "2025-09-19",
        "close": 13.557521,
        "volume": 1668081,
        "typical_volume": 935930.0,
        "trend": 12.604127,
        "fair_value": 11.530266,
        "relative_strength": -10.728949,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.66182,
        "energy": 55.293006,
        "activity_lines": [
          13.688617,
          13.330197,
          12.77581,
          12.547918
        ]
      },
      {
        "date": "2025-09-26",
        "close": 14.308521,
        "volume": 768689,
        "typical_volume": 937404.05,
        "trend": 12.538451,
        "fair_value": 11.562464,
        "relative_strength": -5.633803,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 69.20301,
        "energy": 60.540481,
        "activity_lines": [
          13.888883,
          13.578378,
          12.967161,
          12.657879
        ]
      },
      {
        "date": "2025-10-03",
        "close": 13.794679,
        "volume": 679987,
        "typical_volume": 938922.65,
        "trend": 12.524815,
        "fair_value": 11.592647,
        "relative_strength": -10.017984,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.477343,
        "energy": 40.722512,
        "activity_lines": [
          13.857262,
          13.679509,
          13.094499,
          12.738926
        ]
      },
      {
        "date": "2025-10-10",
        "close": 12.223508,
        "volume": 868792,
        "typical_volume": 952156.15,
        "trend": 12.46725,
        "fair_value": 11.615131,
        "relative_strength": -18.135935,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 27.258156,
        "energy": 18.908546,
        "activity_lines": [
          13.322339,
          13.464994,
          13.059153,
          12.719486
        ]
      },
      {
        "date": "2025-10-17",
        "close": 12.253153,
        "volume": 781525,
        "typical_volume": 959410.15,
        "trend": 12.41426,
        "fair_value": 11.631293,
        "relative_strength": -19.189855,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 18.458308,
        "energy": 13.673154,
        "activity_lines": [
          12.91456,
          13.261074,
          13.019891,
          12.705674
        ]
      },
      {
        "date": "2025-10-24",
        "close": 13.80456,
        "volume": 722840,
        "typical_volume": 895766.85,
        "trend": 12.409397,
        "fair_value": 11.658861,
        "relative_strength": -10.646063,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.807404,
        "energy": 21.815813,
        "activity_lines": [
          13.106921,
          13.342821,
          13.11991,
          12.795371
        ]
      },
      {
        "date": "2025-10-31",
        "close": 13.577284,
        "volume": 638197,
        "typical_volume": 867832.1,
        "trend": 12.477503,
        "fair_value": 11.680468,
        "relative_strength": -12.534732,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 34.939543,
        "energy": 21.49626,
        "activity_lines": [
          13.207054,
          13.358272,
          13.188839,
          12.870718
        ]
      },
      {
        "date": "2025-11-07",
        "close": 13.587166,
        "volume": 689730,
        "typical_volume": 844686.6,
        "trend": 12.530939,
        "fair_value": 11.702017,
        "relative_strength": -10.654227,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.768614,
        "energy": 19.671706,
        "activity_lines": [
          13.359231,
          13.372286,
          13.254236,
          12.942309
        ]
      },
      {
        "date": "2025-11-14",
        "close": 13.606929,
        "volume": 1216400,
        "typical_volume": 840043.15,
        "trend": 12.572968,
        "fair_value": 11.722901,
        "relative_strength": -10.25865,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.648387,
        "energy": 29.228544,
        "activity_lines": [
          13.531829,
          13.399236,
          13.315634,
          13.011728
        ]
      },
      {
        "date": "2025-11-21",
        "close": 12.994271,
        "volume": 792865,
        "typical_volume": 835451.7,
        "trend": 12.606314,
        "fair_value": 11.737911,
        "relative_strength": -12.010758,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.773686,
        "energy": 22.221865,
        "activity_lines": [
          13.40798,
          13.321621,
          13.311119,
          13.038909
        ]
      },
      {
        "date": "2025-11-28",
        "close": 13.4112,
        "volume": 406033,
        "typical_volume": 816154.8,
        "trend": 12.651602,
        "fair_value": 11.756323,
        "relative_strength": -11.866816,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.687505,
        "energy": 18.172574,
        "activity_lines": [
          13.373699,
          13.328974,
          13.342224,
          13.090837
        ]
      },
      {
        "date": "2025-12-05",
        "close": 13.857909,
        "volume": 735026,
        "typical_volume": 788415.15,
        "trend": 12.742107,
        "fair_value": 11.777599,
        "relative_strength": -8.80593,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.608138,
        "energy": 24.64499,
        "activity_lines": [
          13.514545,
          13.420207,
          13.409661,
          13.168663
        ]
      },
      {
        "date": "2025-12-12",
        "close": 14.016739,
        "volume": 673536,
        "typical_volume": 782535.55,
        "trend": 12.840856,
        "fair_value": 11.800258,
        "relative_strength": -6.856916,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.712173,
        "energy": 26.471074,
        "activity_lines": [
          13.689627,
          13.548511,
          13.480325,
          13.250898
        ]
      },
      {
        "date": "2025-12-19",
        "close": 13.718933,
        "volume": 1071311,
        "typical_volume": 772959.4,
        "trend": 12.937874,
        "fair_value": 11.821009,
        "relative_strength": -8.69991,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.142774,
        "energy": 28.344243,
        "activity_lines": [
          13.736801,
          13.618631,
          13.513718,
          13.307548
        ]
      },
      {
        "date": "2025-12-26",
        "close": 13.748713,
        "volume": 332850,
        "typical_volume": 759679.35,
        "trend": 13.047032,
        "fair_value": 11.842132,
        "relative_strength": -9.435153,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.716166,
        "energy": 33.406343,
        "activity_lines": [
          13.786435,
          13.666976,
          13.544189,
          13.35986
        ]
      },
      {
        "date": "2026-01-02",
        "close": 13.957177,
        "volume": 568087,
        "typical_volume": 756235.55,
        "trend": 13.118225,
        "fair_value": 11.865505,
        "relative_strength": -6.535026,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.547139,
        "energy": 33.194023,
        "activity_lines": [
          13.855262,
          13.726032,
          13.588334,
          13.418579
        ]
      },
      {
        "date": "2026-01-09",
        "close": 14.294691,
        "volume": 1206231,
        "typical_volume": 779349.2,
        "trend": 13.17346,
        "fair_value": 11.887146,
        "relative_strength": -5.253099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.483788,
        "energy": 37.236099,
        "activity_lines": [
          14.000194,
          13.843679,
          13.657355,
          13.49448
        ]
      },
      {
        "date": "2026-01-16",
        "close": 14.592497,
        "volume": 1005987,
        "typical_volume": 784730.55,
        "trend": 13.248129,
        "fair_value": 11.911914,
        "relative_strength": -2.257881,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.498201,
        "energy": 46.283235,
        "activity_lines": [
          14.215276,
          14.002429,
          13.750476,
          13.586031
        ]
      },
      {
        "date": "2026-01-23",
        "close": 15.207963,
        "volume": 707136,
        "typical_volume": 798284.85,
        "trend": 13.354459,
        "fair_value": 11.94294,
        "relative_strength": 2.828038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.513587,
        "energy": 61.681221,
        "activity_lines": [
          14.59713,
          14.254803,
          13.899872,
          13.712472
        ]
      },
      {
        "date": "2026-01-30",
        "close": 15.307232,
        "volume": 824232,
        "typical_volume": 817876.75,
        "trend": 13.460164,
        "fair_value": 11.969793,
        "relative_strength": 3.527402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.178889,
        "energy": 68.299734,
        "activity_lines": [
          14.912804,
          14.496116,
          14.052886,
          13.838457
        ]
      },
      {
        "date": "2026-02-06",
        "close": 16.270138,
        "volume": 878313,
        "typical_volume": 778388.35,
        "trend": 13.59895,
        "fair_value": 12.00282,
        "relative_strength": 10.606018,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.21445,
        "energy": 76.390692,
        "activity_lines": [
          15.445546,
          14.870449,
          14.288991,
          14.019746
        ]
      },
      {
        "date": "2026-02-13",
        "close": 16.776408,
        "volume": 803568,
        "typical_volume": 780132.3,
        "trend": 13.779526,
        "fair_value": 12.043291,
        "relative_strength": 15.964369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.193177,
        "energy": 85.023923,
        "activity_lines": [
          15.992847,
          15.284851,
          14.560396,
          14.224743
        ]
      },
      {
        "date": "2026-02-20",
        "close": 16.766481,
        "volume": 530254,
        "typical_volume": 772645.65,
        "trend": 13.933545,
        "fair_value": 12.08522,
        "relative_strength": 15.052935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.678002,
        "energy": 85.000421,
        "activity_lines": [
          16.371392,
          15.644384,
          14.819103,
          14.41745
        ]
      },
      {
        "date": "2026-02-27",
        "close": 17.292605,
        "volume": 737704,
        "typical_volume": 766091.25,
        "trend": 14.092972,
        "fair_value": 12.126322,
        "relative_strength": 19.531211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.473271,
        "energy": 87.879804,
        "activity_lines": [
          16.780379,
          16.049581,
          15.113765,
          14.634163
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.319772,
        "volume": 725513,
        "typical_volume": 763290.65,
        "trend": 14.221939,
        "fair_value": 12.161736,
        "relative_strength": 15.161497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.715299,
        "energy": 75.220998,
        "activity_lines": [
          16.726112,
          16.212923,
          15.291639,
          14.777828
        ]
      },
      {
        "date": "2026-03-13",
        "close": 16.577871,
        "volume": 689782,
        "typical_volume": 761637.75,
        "trend": 14.360167,
        "fair_value": 12.207933,
        "relative_strength": 18.770037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.924111,
        "energy": 54.351572,
        "activity_lines": [
          16.690375,
          16.376446,
          15.474728,
          14.929823
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.786335,
        "volume": 1430173,
        "typical_volume": 801236.55,
        "trend": 14.473064,
        "fair_value": 12.257902,
        "relative_strength": 22.350787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.579744,
        "energy": 51.611713,
        "activity_lines": [
          16.703611,
          16.530222,
          15.664465,
          15.08635
        ]
      },
      {
        "date": "2026-03-27",
        "close": 17.433879,
        "volume": 1263565,
        "typical_volume": 829928.3,
        "trend": 14.58416,
        "fair_value": 12.307639,
        "relative_strength": 29.724637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.754108,
        "energy": 51.38131,
        "activity_lines": [
          16.932033,
          16.756431,
          15.900591,
          15.277371
        ]
      },
      {
        "date": "2026-04-03",
        "close": 16.786335,
        "volume": 856661,
        "typical_volume": 811941.35,
        "trend": 14.677623,
        "fair_value": 12.349513,
        "relative_strength": 20.491753,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.79133,
        "energy": 43.81125,
        "activity_lines": [
          16.900114,
          16.813243,
          16.056729,
          15.419446
        ]
      },
      {
        "date": "2026-04-10",
        "close": 16.846108,
        "volume": 540360,
        "typical_volume": 799316.1,
        "trend": 14.789219,
        "fair_value": 12.385744,
        "relative_strength": 16.494915,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.648704,
        "energy": 41.675848,
        "activity_lines": [
          16.921871,
          16.852225,
          16.203419,
          15.559349
        ]
      },
      {
        "date": "2026-04-17",
        "close": 16.995542,
        "volume": 1148941,
        "typical_volume": 836461.5,
        "trend": 14.90382,
        "fair_value": 12.426585,
        "relative_strength": 12.429377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.925274,
        "energy": 40.88623,
        "activity_lines": [
          16.958349,
          16.890398,
          16.346,
          15.701692
        ]
      },
      {
        "date": "2026-04-24",
        "close": 18.250781,
        "volume": 1491788,
        "typical_volume": 874299.6,
        "trend": 15.035229,
        "fair_value": 12.475412,
        "relative_strength": 19.708497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.585282,
        "energy": 49.709259,
        "activity_lines": [
          17.385396,
          17.143606,
          16.591058,
          15.917625
        ]
      },
      {
        "date": "2026-05-01",
        "close": 17.085202,
        "volume": 2559162,
        "typical_volume": 968580.9,
        "trend": 15.144913,
        "fair_value": 12.516584,
        "relative_strength": 10.800582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.444549,
        "energy": 39.7868,
        "activity_lines": [
          17.326287,
          17.158085,
          16.704191,
          16.049881
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.82,
        "volume": 1357095,
        "typical_volume": 982870.1,
        "trend": 15.264796,
        "fair_value": 12.550134,
        "relative_strength": 0.102364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 32.972968,
        "energy": 24.006141,
        "activity_lines": [
          16.86869,
          16.936731,
          16.682216,
          16.093435
        ]
      },
      {
        "date": "2026-05-15",
        "close": 16.45,
        "volume": 1150734,
        "typical_volume": 1023764.3,
        "trend": 15.404691,
        "fair_value": 12.581209,
        "relative_strength": 3.550959,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.757915,
        "energy": 20.57857,
        "activity_lines": [
          16.685514,
          16.856698,
          16.710237,
          16.1699
        ]
      },
      {
        "date": "2026-05-22",
        "close": 16.21,
        "volume": 1034463,
        "typical_volume": 1047083.1,
        "trend": 15.484872,
        "fair_value": 12.615006,
        "relative_strength": 0.896397,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.876839,
        "energy": 18.731565,
        "activity_lines": [
          16.448746,
          16.730661,
          16.702537,
          16.221856
        ]
      },
      {
        "date": "2026-05-29",
        "close": 15.46,
        "volume": 964897,
        "typical_volume": 1035016.4,
        "trend": 15.547629,
        "fair_value": 12.643935,
        "relative_strength": -5.358718,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.113753,
        "energy": 16.541473,
        "activity_lines": [
          16.014347,
          16.474948,
          16.61268,
          16.220251
        ]
      },
      {
        "date": "2026-06-05",
        "close": 15.43,
        "volume": 1012555,
        "typical_volume": 1035344.8,
        "trend": 15.609057,
        "fair_value": 12.672245,
        "relative_strength": -3.201093,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.410927,
        "energy": 18.142748,
        "activity_lines": [
          15.756,
          16.237897,
          16.514418,
          16.212662
        ]
      },
      {
        "date": "2026-06-12",
        "close": 15.85,
        "volume": 664859,
        "typical_volume": 1033230.95,
        "trend": 15.683826,
        "fair_value": 12.709334,
        "relative_strength": -1.125493,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 1.566202,
        "energy": 17.1644,
        "activity_lines": [
          15.748,
          16.113643,
          16.452167,
          16.228207
        ]
      },
      {
        "date": "2026-06-19",
        "close": 15.28,
        "volume": 791668,
        "typical_volume": 1031602.75,
        "trend": 15.760017,
        "fair_value": 12.747942,
        "relative_strength": -5.51255,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -23.531,
        "energy": 34.233691,
        "activity_lines": [
          15.548,
          15.902777,
          16.332573,
          16.202153
        ]
      },
      {
        "date": "2026-06-26",
        "close": 15.76,
        "volume": 1266540,
        "typical_volume": 1051014.1,
        "trend": 15.83831,
        "fair_value": 12.786645,
        "relative_strength": -0.335917,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -16.800134,
        "energy": 22.409978,
        "activity_lines": [
          15.586,
          15.807658,
          16.258823,
          16.202152
        ]
      },
      {
        "date": "2026-07-03",
        "close": 15.362748,
        "volume": 805974,
        "typical_volume": 1051134.4,
        "trend": 15.888472,
        "fair_value": 12.822862,
        "relative_strength": -4.992488,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -29.150641,
        "energy": 22.801925,
        "activity_lines": [
          15.521583,
          15.662776,
          16.149669,
          16.171471
        ]
      },
      {
        "date": "2026-07-10",
        "close": 16.03026,
        "volume": 912919,
        "typical_volume": 1070267.65,
        "trend": 15.955589,
        "fair_value": 12.865123,
        "relative_strength": -2.338762,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.207908,
        "energy": 17.075988,
        "activity_lines": [
          15.686153,
          15.69177,
          16.110819,
          16.180618
        ]
      },
      {
        "date": "2026-07-17",
        "close": 15.552042,
        "volume": 1195374,
        "typical_volume": 1093151.15,
        "trend": 16.016693,
        "fair_value": 12.902737,
        "relative_strength": -3.988677,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.840177,
        "energy": 14.93282,
        "activity_lines": [
          15.6513,
          15.652995,
          16.029931,
          16.154583
        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.651671,
        "volume": 906949,
        "typical_volume": 1102222.95,
        "trend": 16.080125,
        "fair_value": 12.94038,
        "relative_strength": -2.966719,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -11.45857,
        "energy": 10.949109,
        "activity_lines": [
          15.66952,
          15.637207,
          15.966819,
          16.131033
        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.990408,
        "volume": 1382635,
        "typical_volume": 1136865.6,
        "trend": 16.147899,
        "fair_value": 12.97916,
        "relative_strength": -2.033225,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.192186,
        "energy": 15.57958,
        "activity_lines": [
          15.775875,
          15.697523,
          15.939149,
          16.125245
        ]
      },
      {
        "date": "2026-08-07",
        "close": 16.1,
        "volume": 1833374,
        "typical_volume": 1157025.65,
        "trend": 16.208076,
        "fair_value": 13.006227,
        "relative_strength": -4.796934,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.555615,
        "energy": 14.750991,
        "activity_lines": [
          15.903399,
          15.781757,
          15.924715,
          16.122155
        ]
      }
    ],
    "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."
    }
  }
}