{
  "ticker": {
    "uuid": "bfc11d8a-c2f8-4605-b298-5f38456a8a3a",
    "symbol": "1272",
    "name": "Datang Environment Industry Group Co., Ltd.",
    "exchange": "HKG",
    "country": "HK",
    "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": "2026-08-21",
    "benchmark": "^HSI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -18.383,
    "architecture_energy": 17.297,
    "architecture_maturity": 77.792,
    "architecture_confidence": 66.09,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 56.91,
        "rotation_up": 29.05,
        "upward_expansion": 24.86,
        "deceleration": 52.16,
        "rotation_down": 18.91,
        "downward_expansion": 46.86
      },
      "activity_lines": [
        1.054,
        1.043564,
        1.038236,
        1.072486
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 1.05,
    "trend_reference": 1.112788,
    "distance_from_trend": -0.056424,
    "trend_direction": "Weakening",
    "fair_value": 0.920432,
    "distance_from_fair_value": 0.140769,
    "fair_value_direction": "Weakening",
    "relative_strength": -9.314137,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.16,
    "excess_performance": -0.144709,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.056424,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.031804,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.140769,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.007683,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.093141,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.036422,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.16,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.598174,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 289000,
      "relative_activity": 0.480973,
      "balance": 0.598174,
      "dry_up": 1.257354,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.046099,
      "annualized_volatility": 0.282001,
      "from_high_reference": -0.23913,
      "from_low_reference": 0.082474
    },
    "levels": {
      "trend_reference": 1.112788,
      "fair_value_reference": 0.920432,
      "structural_low": 0.97,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": 0.0,
        "positive_rate": 0.45,
        "directional_follow_through": 0.45,
        "median_excess_return": 0.012077,
        "regime_survival": 0.75,
        "best_return": 0.228572,
        "worst_return": -0.054055,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.082349,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.127602,
        "regime_survival": 0.375,
        "best_return": 0.211897,
        "worst_return": -0.066668,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.014732,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.083829,
        "regime_survival": 0.5,
        "best_return": 0.099692,
        "worst_return": -0.0625,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.07605,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.176582,
        "regime_survival": 0.0,
        "best_return": 0.122843,
        "worst_return": 0.029257,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2023-12-15",
        "end": "2024-01-05",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-01-12",
        "end": "2024-05-17",
        "tenure": "Established",
        "return": 0.093333,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2024-05-24",
        "end": "2024-06-28",
        "tenure": "Developing",
        "return": -0.148935,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-05",
        "end": "2024-10-18",
        "tenure": "Established",
        "return": 0.151054,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-25",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": 0.034884,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-13",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": 0.034091,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-10-17",
        "tenure": "Extended",
        "return": 0.376259,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-24",
        "end": "2025-12-19",
        "tenure": "Developing",
        "return": -0.058333,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-26",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.046729,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": 0.125,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2026-03-06",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": 0.032787,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-05-01",
        "tenure": "New",
        "return": -0.188926,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-05-15",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-22",
        "end": "2026-08-21",
        "tenure": "Established",
        "return": 0.021311,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-09-01",
        "close": 0.738506,
        "volume": 0,
        "typical_volume": 3500.0,
        "trend": 0.726724,
        "fair_value": 0.694246,
        "relative_strength": 5.765886,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.517432,
        "energy": 18.046312,
        "activity_lines": [
          0.738506,
          0.741454,
          0.729705,
          0.727272
        ]
      },
      {
        "date": "2023-09-08",
        "close": 0.738506,
        "volume": 0,
        "typical_volume": 3500.0,
        "trend": 0.726156,
        "fair_value": 0.695298,
        "relative_strength": 6.663456,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.983692,
        "energy": 19.870696,
        "activity_lines": [
          0.738506,
          0.741878,
          0.730731,
          0.728032
        ]
      },
      {
        "date": "2023-09-15",
        "close": 0.738506,
        "volume": 0,
        "typical_volume": 3500.0,
        "trend": 0.725846,
        "fair_value": 0.696351,
        "relative_strength": 6.690847,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.681969,
        "energy": 19.847314,
        "activity_lines": [
          0.738506,
          0.74149,
          0.731838,
          0.728829
        ]
      },
      {
        "date": "2023-09-22",
        "close": 0.738506,
        "volume": 0,
        "typical_volume": 3500.0,
        "trend": 0.725535,
        "fair_value": 0.697403,
        "relative_strength": 7.428919,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 34.819529,
        "energy": 21.71437,
        "activity_lines": [
          0.738506,
          0.740296,
          0.733025,
          0.729645
        ]
      },
      {
        "date": "2023-09-29",
        "close": 0.738506,
        "volume": 0,
        "typical_volume": 3500.0,
        "trend": 0.725995,
        "fair_value": 0.6985,
        "relative_strength": 8.981884,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.600221,
        "energy": 17.734676,
        "activity_lines": [
          0.738506,
          0.739103,
          0.734294,
          0.730482
        ]
      },
      {
        "date": "2023-10-06",
        "close": 0.582599,
        "volume": 14000,
        "typical_volume": 4200.0,
        "trend": 0.721259,
        "fair_value": 0.698868,
        "relative_strength": -12.079924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.505901,
        "energy": 58.734163,
        "activity_lines": [
          0.686537,
          0.710159,
          0.720796,
          0.721231
        ]
      },
      {
        "date": "2023-10-13",
        "close": 0.574393,
        "volume": 11000,
        "typical_volume": 4750.0,
        "trend": 0.717277,
        "fair_value": 0.699048,
        "relative_strength": -14.394446,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.106845,
        "energy": 91.566989,
        "activity_lines": [
          0.642226,
          0.683155,
          0.707046,
          0.711756
        ]
      },
      {
        "date": "2023-10-20",
        "close": 0.574393,
        "volume": 42000,
        "typical_volume": 6850.0,
        "trend": 0.71201,
        "fair_value": 0.699228,
        "relative_strength": -10.596842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.412299,
        "energy": 95.3874,
        "activity_lines": [
          0.608857,
          0.659135,
          0.693865,
          0.702537
        ]
      },
      {
        "date": "2023-10-27",
        "close": 0.574393,
        "volume": 0,
        "typical_volume": 3850.0,
        "trend": 0.707513,
        "fair_value": 0.699318,
        "relative_strength": -11.089089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.482697,
        "energy": 91.712773,
        "activity_lines": [
          0.586428,
          0.638099,
          0.681252,
          0.693659
        ]
      },
      {
        "date": "2023-11-03",
        "close": 0.574393,
        "volume": 0,
        "typical_volume": 3850.0,
        "trend": 0.703531,
        "fair_value": 0.699408,
        "relative_strength": -12.168072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.071895,
        "energy": 89.076804,
        "activity_lines": [
          0.57494,
          0.620046,
          0.669246,
          0.685071
        ]
      },
      {
        "date": "2023-11-10",
        "close": 0.566188,
        "volume": 9000,
        "typical_volume": 4300.0,
        "trend": 0.698504,
        "fair_value": 0.699446,
        "relative_strength": -10.979163,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.384835,
        "energy": 90.66388,
        "activity_lines": [
          0.571658,
          0.603486,
          0.657026,
          0.67621
        ]
      },
      {
        "date": "2023-11-17",
        "close": 0.705683,
        "volume": 2000,
        "typical_volume": 4400.0,
        "trend": 0.696843,
        "fair_value": 0.700378,
        "relative_strength": 9.373972,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.232916,
        "energy": 41.64326,
        "activity_lines": [
          0.615968,
          0.615421,
          0.6587,
          0.676673
        ]
      },
      {
        "date": "2023-11-24",
        "close": 0.705683,
        "volume": 0,
        "typical_volume": 4400.0,
        "trend": 0.695181,
        "fair_value": 0.70131,
        "relative_strength": 8.77791,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.999467,
        "energy": 21.878891,
        "activity_lines": [
          0.651526,
          0.627953,
          0.660318,
          0.677243
        ]
      },
      {
        "date": "2023-12-01",
        "close": 0.705683,
        "volume": 0,
        "typical_volume": 4150.0,
        "trend": 0.693519,
        "fair_value": 0.702242,
        "relative_strength": 13.330414,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.534991,
        "energy": 27.764174,
        "activity_lines": [
          0.678331,
          0.641082,
          0.661881,
          0.677921
        ]
      },
      {
        "date": "2023-12-08",
        "close": 0.697478,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.691584,
        "fair_value": 0.703301,
        "relative_strength": 15.083958,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 7.551249,
        "energy": 32.77618,
        "activity_lines": [
          0.693648,
          0.653316,
          0.662819,
          0.678176
        ]
      },
      {
        "date": "2023-12-15",
        "close": 0.697478,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.691705,
        "fair_value": 0.704315,
        "relative_strength": 11.744491,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 18.402634,
        "energy": 33.659343,
        "activity_lines": [
          0.70076,
          0.666296,
          0.664108,
          0.678556
        ]
      },
      {
        "date": "2023-12-22",
        "close": 0.697478,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.691825,
        "fair_value": 0.705149,
        "relative_strength": 14.543038,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.376495,
        "energy": 29.829079,
        "activity_lines": [
          0.699119,
          0.677187,
          0.665749,
          0.678929
        ]
      },
      {
        "date": "2023-12-29",
        "close": 0.697478,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.691946,
        "fair_value": 0.705983,
        "relative_strength": 9.594857,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.000699,
        "energy": 24.355085,
        "activity_lines": [
          0.698025,
          0.685841,
          0.667586,
          0.679294
        ]
      },
      {
        "date": "2024-01-05",
        "close": 0.697478,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.69181,
        "fair_value": 0.706863,
        "relative_strength": 12.587218,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.44686,
        "energy": 50.297549,
        "activity_lines": [
          0.697478,
          0.692256,
          0.669618,
          0.67965
        ]
      },
      {
        "date": "2024-01-12",
        "close": 0.615422,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.689195,
        "fair_value": 0.707171,
        "relative_strength": 0.97593,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.797146,
        "energy": 34.478987,
        "activity_lines": [
          0.670126,
          0.681514,
          0.66403,
          0.674722
        ]
      },
      {
        "date": "2024-01-19",
        "close": 0.607216,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.686307,
        "fair_value": 0.707023,
        "relative_strength": 5.428956,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.703202,
        "energy": 70.197672,
        "activity_lines": [
          0.645509,
          0.668534,
          0.658247,
          0.669433
        ]
      },
      {
        "date": "2024-01-26",
        "close": 0.607216,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.683419,
        "fair_value": 0.707458,
        "relative_strength": 0.929949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.676761,
        "energy": 85.857369,
        "activity_lines": [
          0.62691,
          0.654809,
          0.653089,
          0.664331
        ]
      },
      {
        "date": "2024-02-02",
        "close": 0.607216,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.680519,
        "fair_value": 0.707579,
        "relative_strength": 3.42826,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.47083,
        "energy": 89.48424,
        "activity_lines": [
          0.614328,
          0.642873,
          0.648557,
          0.659414
        ]
      },
      {
        "date": "2024-02-09",
        "close": 0.607216,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.676143,
        "fair_value": 0.70797,
        "relative_strength": 1.878375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.554265,
        "energy": 88.463234,
        "activity_lines": [
          0.607763,
          0.632728,
          0.644649,
          0.654685
        ]
      },
      {
        "date": "2024-02-16",
        "close": 0.607216,
        "volume": 0,
        "typical_volume": 3900.0,
        "trend": 0.670673,
        "fair_value": 0.707552,
        "relative_strength": -1.874602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.664587,
        "energy": 89.029778,
        "activity_lines": [
          0.607216,
          0.624373,
          0.641367,
          0.650238
        ]
      },
      {
        "date": "2024-02-23",
        "close": 0.590805,
        "volume": 79000,
        "typical_volume": 7150.0,
        "trend": 0.664655,
        "fair_value": 0.706894,
        "relative_strength": -6.632186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.521612,
        "energy": 95.779497,
        "activity_lines": [
          0.601746,
          0.614676,
          0.637147,
          0.645085
        ]
      },
      {
        "date": "2024-03-01",
        "close": 0.590805,
        "volume": 0,
        "typical_volume": 6600.0,
        "trend": 0.659732,
        "fair_value": 0.706416,
        "relative_strength": -5.882494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.889401,
        "energy": 93.232,
        "activity_lines": [
          0.597369,
          0.606918,
          0.632888,
          0.640321
        ]
      },
      {
        "date": "2024-03-08",
        "close": 0.574393,
        "volume": 0,
        "typical_volume": 4500.0,
        "trend": 0.654262,
        "fair_value": 0.705698,
        "relative_strength": -7.063483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.155243,
        "energy": 96.433993,
        "activity_lines": [
          0.588617,
          0.598115,
          0.626988,
          0.634815
        ]
      },
      {
        "date": "2024-03-15",
        "close": 0.533365,
        "volume": 6000,
        "typical_volume": 4800.0,
        "trend": 0.647423,
        "fair_value": 0.704538,
        "relative_strength": -15.441435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -97.281024,
        "energy": 78.779547,
        "activity_lines": [
          0.568376,
          0.584091,
          0.61718,
          0.627015
        ]
      },
      {
        "date": "2024-03-22",
        "close": 0.615422,
        "volume": 1000,
        "typical_volume": 4850.0,
        "trend": 0.643321,
        "fair_value": 0.704352,
        "relative_strength": -1.14936,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.556247,
        "energy": 59.417972,
        "activity_lines": [
          0.580411,
          0.58797,
          0.615383,
          0.624951
        ]
      },
      {
        "date": "2024-03-29",
        "close": 0.574393,
        "volume": 105000,
        "typical_volume": 9650.0,
        "trend": 0.63785,
        "fair_value": 0.703724,
        "relative_strength": -7.971461,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.1507,
        "energy": 54.296929,
        "activity_lines": [
          0.578223,
          0.584389,
          0.609482,
          0.620504
        ]
      },
      {
        "date": "2024-04-05",
        "close": 0.574393,
        "volume": 0,
        "typical_volume": 9550.0,
        "trend": 0.63238,
        "fair_value": 0.703096,
        "relative_strength": -8.985826,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.835492,
        "energy": 50.426048,
        "activity_lines": [
          0.577128,
          0.581405,
          0.603543,
          0.61641
        ]
      },
      {
        "date": "2024-04-12",
        "close": 0.574393,
        "volume": 100000,
        "typical_volume": 14550.0,
        "trend": 0.626909,
        "fair_value": 0.702558,
        "relative_strength": -8.939831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.107495,
        "energy": 43.309437,
        "activity_lines": [
          0.577128,
          0.579018,
          0.598229,
          0.612669
        ]
      },
      {
        "date": "2024-04-19",
        "close": 0.574393,
        "volume": 0,
        "typical_volume": 14550.0,
        "trend": 0.621439,
        "fair_value": 0.70184,
        "relative_strength": -6.040418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.439517,
        "energy": 48.790566,
        "activity_lines": [
          0.577128,
          0.577228,
          0.59354,
          0.609281
        ]
      },
      {
        "date": "2024-04-26",
        "close": 0.615422,
        "volume": 30000,
        "typical_volume": 16050.0,
        "trend": 0.617336,
        "fair_value": 0.70134,
        "relative_strength": -7.320485,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.476772,
        "energy": 26.280259,
        "activity_lines": [
          0.588069,
          0.583494,
          0.593384,
          0.608892
        ]
      },
      {
        "date": "2024-05-03",
        "close": 0.623627,
        "volume": 99000,
        "typical_volume": 21000.0,
        "trend": 0.618704,
        "fair_value": 0.700489,
        "relative_strength": -10.096619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.094356,
        "energy": 17.178866,
        "activity_lines": [
          0.601745,
          0.591103,
          0.594399,
          0.609298
        ]
      },
      {
        "date": "2024-05-10",
        "close": 0.607216,
        "volume": 0,
        "typical_volume": 21000.0,
        "trend": 0.619798,
        "fair_value": 0.698994,
        "relative_strength": -14.430224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.204489,
        "energy": 18.846675,
        "activity_lines": [
          0.606669,
          0.595131,
          0.594204,
          0.608557
        ]
      },
      {
        "date": "2024-05-17",
        "close": 0.672861,
        "volume": 51000,
        "typical_volume": 23550.0,
        "trend": 0.62308,
        "fair_value": 0.698593,
        "relative_strength": -7.980483,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 39.355455,
        "energy": 39.083784,
        "activity_lines": [
          0.631286,
          0.610796,
          0.60069,
          0.61198
        ]
      },
      {
        "date": "2024-05-24",
        "close": 0.771328,
        "volume": 45000,
        "typical_volume": 25800.0,
        "trend": 0.629645,
        "fair_value": 0.699048,
        "relative_strength": 10.588275,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 52.528865,
        "energy": 65.242144,
        "activity_lines": [
          0.682161,
          0.642575,
          0.616672,
          0.621545
        ]
      },
      {
        "date": "2024-05-31",
        "close": 0.705683,
        "volume": 35000,
        "typical_volume": 27550.0,
        "trend": 0.634021,
        "fair_value": 0.699306,
        "relative_strength": 4.009752,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.354454,
        "energy": 60.148234,
        "activity_lines": [
          0.698025,
          0.658091,
          0.62605,
          0.626451
        ]
      },
      {
        "date": "2024-06-07",
        "close": 0.722095,
        "volume": 11000,
        "typical_volume": 28100.0,
        "trend": 0.639218,
        "fair_value": 0.699445,
        "relative_strength": 4.595765,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.600479,
        "energy": 67.201279,
        "activity_lines": [
          0.713342,
          0.67495,
          0.636561,
          0.632133
        ]
      },
      {
        "date": "2024-06-14",
        "close": 0.65645,
        "volume": 125000,
        "typical_volume": 34350.0,
        "trend": 0.637577,
        "fair_value": 0.699164,
        "relative_strength": -2.757392,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.199218,
        "energy": 46.749876,
        "activity_lines": [
          0.700213,
          0.677188,
          0.640273,
          0.633244
        ]
      },
      {
        "date": "2024-06-21",
        "close": 0.65645,
        "volume": 0,
        "typical_volume": 34350.0,
        "trend": 0.635936,
        "fair_value": 0.699017,
        "relative_strength": -3.20943,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.905748,
        "energy": 28.741618,
        "activity_lines": [
          0.683802,
          0.677934,
          0.64375,
          0.634462
        ]
      },
      {
        "date": "2024-06-28",
        "close": 0.65645,
        "volume": 1504000,
        "typical_volume": 109550.0,
        "trend": 0.634295,
        "fair_value": 0.698735,
        "relative_strength": -1.535042,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 40.238719,
        "energy": 22.410703,
        "activity_lines": [
          0.668485,
          0.677188,
          0.646994,
          0.635786
        ]
      },
      {
        "date": "2024-07-05",
        "close": 0.686945,
        "volume": 61000,
        "typical_volume": 112600.0,
        "trend": 0.633943,
        "fair_value": 0.698442,
        "relative_strength": 2.528547,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.111783,
        "energy": 21.235336,
        "activity_lines": [
          0.670991,
          0.680494,
          0.652907,
          0.639182
        ]
      },
      {
        "date": "2024-07-12",
        "close": 0.696105,
        "volume": 0,
        "typical_volume": 108650.0,
        "trend": 0.633898,
        "fair_value": 0.698161,
        "relative_strength": 1.090751,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.860645,
        "energy": 22.648,
        "activity_lines": [
          0.6778,
          0.684166,
          0.659312,
          0.643193
        ]
      },
      {
        "date": "2024-07-19",
        "close": 0.613671,
        "volume": 342000,
        "typical_volume": 125750.0,
        "trend": 0.631104,
        "fair_value": 0.697398,
        "relative_strength": -6.150493,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.47971,
        "energy": 10.703304,
        "activity_lines": [
          0.658864,
          0.671532,
          0.657366,
          0.641888
        ]
      },
      {
        "date": "2024-07-26",
        "close": 0.641149,
        "volume": 168000,
        "typical_volume": 134150.0,
        "trend": 0.629226,
        "fair_value": 0.696812,
        "relative_strength": 0.389587,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.253659,
        "energy": 10.729179,
        "activity_lines": [
          0.651939,
          0.663777,
          0.657928,
          0.642536
        ]
      },
      {
        "date": "2024-08-02",
        "close": 0.641149,
        "volume": 39000,
        "typical_volume": 135800.0,
        "trend": 0.627349,
        "fair_value": 0.696273,
        "relative_strength": 0.836568,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.878069,
        "energy": 7.387328,
        "activity_lines": [
          0.646034,
          0.656598,
          0.658171,
          0.643305
        ]
      },
      {
        "date": "2024-08-09",
        "close": 0.613671,
        "volume": 30000,
        "typical_volume": 137250.0,
        "trend": 0.62729,
        "fair_value": 0.695463,
        "relative_strength": -4.164408,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.373515,
        "energy": 7.668281,
        "activity_lines": [
          0.63199,
          0.64679,
          0.655285,
          0.642423
        ]
      },
      {
        "date": "2024-08-16",
        "close": 0.641149,
        "volume": 185000,
        "typical_volume": 141250.0,
        "trend": 0.628422,
        "fair_value": 0.694829,
        "relative_strength": -1.605929,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.31496,
        "energy": 6.892236,
        "activity_lines": [
          0.63199,
          0.643651,
          0.655023,
          0.643317
        ]
      },
      {
        "date": "2024-08-23",
        "close": 0.604512,
        "volume": 203000,
        "typical_volume": 151400.0,
        "trend": 0.628331,
        "fair_value": 0.693961,
        "relative_strength": -7.88191,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -11.061492,
        "energy": 8.412282,
        "activity_lines": [
          0.623441,
          0.635322,
          0.650955,
          0.641774
        ]
      },
      {
        "date": "2024-08-30",
        "close": 0.622831,
        "volume": 278000,
        "typical_volume": 160300.0,
        "trend": 0.628852,
        "fair_value": 0.692878,
        "relative_strength": -6.812209,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -7.829865,
        "energy": 8.341533,
        "activity_lines": [
          0.621609,
          0.631269,
          0.648488,
          0.641419
        ]
      },
      {
        "date": "2024-09-06",
        "close": 0.641149,
        "volume": 1247000,
        "typical_volume": 222650.0,
        "trend": 0.629983,
        "fair_value": 0.692339,
        "relative_strength": -0.879805,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -5.720111,
        "energy": 3.757819,
        "activity_lines": [
          0.627105,
          0.631157,
          0.647535,
          0.642213
        ]
      },
      {
        "date": "2024-09-13",
        "close": 0.641149,
        "volume": 264000,
        "typical_volume": 234350.0,
        "trend": 0.631114,
        "fair_value": 0.691468,
        "relative_strength": -0.25909,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.955257,
        "energy": 9.346906,
        "activity_lines": [
          0.6326,
          0.631324,
          0.646264,
          0.642933
        ]
      },
      {
        "date": "2024-09-20",
        "close": 0.659468,
        "volume": 1242000,
        "typical_volume": 291500.0,
        "trend": 0.633403,
        "fair_value": 0.690952,
        "relative_strength": -2.164096,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.137417,
        "energy": 10.881312,
        "activity_lines": [
          0.64237,
          0.635654,
          0.646615,
          0.644762
        ]
      },
      {
        "date": "2024-09-27",
        "close": 0.75106,
        "volume": 3569000,
        "typical_volume": 469950.0,
        "trend": 0.638745,
        "fair_value": 0.691022,
        "relative_strength": -1.134327,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 47.837389,
        "energy": 21.987337,
        "activity_lines": [
          0.68145,
          0.657303,
          0.655518,
          0.652353
        ]
      },
      {
        "date": "2024-10-04",
        "close": 0.790711,
        "volume": 2722200,
        "typical_volume": 603510.0,
        "trend": 0.645955,
        "fair_value": 0.691158,
        "relative_strength": -5.621089,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 53.043712,
        "energy": 34.634963,
        "activity_lines": [
          0.723976,
          0.683663,
          0.667513,
          0.662157
        ]
      },
      {
        "date": "2024-10-11",
        "close": 0.809764,
        "volume": 3811000,
        "typical_volume": 791810.0,
        "trend": 0.655169,
        "fair_value": 0.691368,
        "relative_strength": 3.091094,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 54.874581,
        "energy": 42.934101,
        "activity_lines": [
          0.761662,
          0.710768,
          0.680761,
          0.672726
        ]
      },
      {
        "date": "2024-10-18",
        "close": 0.790711,
        "volume": 697000,
        "typical_volume": 824910.0,
        "trend": 0.661012,
        "fair_value": 0.69155,
        "relative_strength": 2.589271,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 69.255854,
        "energy": 80.477,
        "activity_lines": [
          0.781755,
          0.731344,
          0.692011,
          0.68147
        ]
      },
      {
        "date": "2024-10-25",
        "close": 0.819291,
        "volume": 473800,
        "typical_volume": 848050.0,
        "trend": 0.669175,
        "fair_value": 0.691964,
        "relative_strength": 7.025411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.040268,
        "energy": 80.918575,
        "activity_lines": [
          0.801405,
          0.753897,
          0.705579,
          0.691682
        ]
      },
      {
        "date": "2024-11-01",
        "close": 0.981243,
        "volume": 1729000,
        "typical_volume": 928250.0,
        "trend": 0.682737,
        "fair_value": 0.69351,
        "relative_strength": 27.692068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.141662,
        "energy": 88.797844,
        "activity_lines": [
          0.864383,
          0.802656,
          0.734108,
          0.711815
        ]
      },
      {
        "date": "2024-11-08",
        "close": 0.924084,
        "volume": 450000,
        "typical_volume": 950750.0,
        "trend": 0.694393,
        "fair_value": 0.69469,
        "relative_strength": 18.259068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.626685,
        "energy": 81.97144,
        "activity_lines": [
          0.892963,
          0.834174,
          0.755646,
          0.727386
        ]
      },
      {
        "date": "2024-11-15",
        "close": 0.857397,
        "volume": 578000,
        "typical_volume": 904450.0,
        "trend": 0.703826,
        "fair_value": 0.695347,
        "relative_strength": 16.857137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.373128,
        "energy": 60.336818,
        "activity_lines": [
          0.890423,
          0.848089,
          0.769559,
          0.737903
        ]
      },
      {
        "date": "2024-11-22",
        "close": 0.819291,
        "volume": 267000,
        "typical_volume": 914750.0,
        "trend": 0.710622,
        "fair_value": 0.695666,
        "relative_strength": 12.665195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.469931,
        "energy": 52.150837,
        "activity_lines": [
          0.872005,
          0.851144,
          0.778885,
          0.745352
        ]
      },
      {
        "date": "2024-11-29",
        "close": 0.895504,
        "volume": 53000,
        "typical_volume": 917400.0,
        "trend": 0.719685,
        "fair_value": 0.696615,
        "relative_strength": 21.659716,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.927122,
        "energy": 45.987903,
        "activity_lines": [
          0.877086,
          0.864817,
          0.79484,
          0.75728
        ]
      },
      {
        "date": "2024-12-06",
        "close": 0.847871,
        "volume": 6000,
        "typical_volume": 900600.0,
        "trend": 0.727706,
        "fair_value": 0.696927,
        "relative_strength": 12.625386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.220167,
        "energy": 31.820254,
        "activity_lines": [
          0.861208,
          0.865538,
          0.805309,
          0.76555
        ]
      },
      {
        "date": "2024-12-13",
        "close": 0.838344,
        "volume": 200000,
        "typical_volume": 902200.0,
        "trend": 0.733222,
        "fair_value": 0.697415,
        "relative_strength": 10.747401,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.409052,
        "energy": 26.969381,
        "activity_lines": [
          0.851046,
          0.862767,
          0.813755,
          0.772688
        ]
      },
      {
        "date": "2024-12-20",
        "close": 0.838344,
        "volume": 19000,
        "typical_volume": 901200.0,
        "trend": 0.735456,
        "fair_value": 0.698045,
        "relative_strength": 12.164254,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.029208,
        "energy": 25.527786,
        "activity_lines": [
          0.846601,
          0.859129,
          0.821263,
          0.77947
        ]
      },
      {
        "date": "2024-12-27",
        "close": 0.847871,
        "volume": 23000,
        "typical_volume": 900850.0,
        "trend": 0.740196,
        "fair_value": 0.698262,
        "relative_strength": 11.278314,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.18028,
        "energy": 21.980293,
        "activity_lines": [
          0.846601,
          0.856705,
          0.828738,
          0.786722
        ]
      },
      {
        "date": "2025-01-03",
        "close": 0.857397,
        "volume": 22000,
        "typical_volume": 892700.0,
        "trend": 0.744706,
        "fair_value": 0.69892,
        "relative_strength": 14.338797,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.142706,
        "energy": 23.436816,
        "activity_lines": [
          0.847871,
          0.854972,
          0.836006,
          0.794284
        ]
      },
      {
        "date": "2025-01-10",
        "close": 0.828817,
        "volume": 82000,
        "typical_volume": 886650.0,
        "trend": 0.750452,
        "fair_value": 0.699442,
        "relative_strength": 14.238902,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.048515,
        "energy": 20.244212,
        "activity_lines": [
          0.842155,
          0.847351,
          0.839522,
          0.79971
        ]
      },
      {
        "date": "2025-01-17",
        "close": 0.857397,
        "volume": 213000,
        "typical_volume": 883400.0,
        "trend": 0.75715,
        "fair_value": 0.700194,
        "relative_strength": 14.80292,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.019133,
        "energy": 21.8199,
        "activity_lines": [
          0.847235,
          0.847697,
          0.844692,
          0.80661
        ]
      },
      {
        "date": "2025-01-24",
        "close": 0.857397,
        "volume": 605000,
        "typical_volume": 851300.0,
        "trend": 0.763848,
        "fair_value": 0.701042,
        "relative_strength": 11.781664,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.27593,
        "energy": 25.341522,
        "activity_lines": [
          0.851046,
          0.849256,
          0.848744,
          0.813078
        ]
      },
      {
        "date": "2025-01-31",
        "close": 0.866924,
        "volume": 0,
        "typical_volume": 838100.0,
        "trend": 0.769847,
        "fair_value": 0.70195,
        "relative_strength": 11.923181,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.380262,
        "energy": 26.783427,
        "activity_lines": [
          0.856762,
          0.852547,
          0.852675,
          0.819728
        ]
      },
      {
        "date": "2025-02-07",
        "close": 0.857397,
        "volume": 632000,
        "typical_volume": 807600.0,
        "trend": 0.775224,
        "fair_value": 0.703224,
        "relative_strength": 5.828296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.846115,
        "energy": 30.836402,
        "activity_lines": [
          0.858032,
          0.85324,
          0.854623,
          0.825376
        ]
      },
      {
        "date": "2025-02-14",
        "close": 0.90503,
        "volume": 1205000,
        "typical_volume": 689400.0,
        "trend": 0.784936,
        "fair_value": 0.704757,
        "relative_strength": 4.216398,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.255616,
        "energy": 58.061293,
        "activity_lines": [
          0.87518,
          0.863286,
          0.860164,
          0.833751
        ]
      },
      {
        "date": "2025-02-21",
        "close": 0.971717,
        "volume": 2401000,
        "typical_volume": 673340.0,
        "trend": 0.795955,
        "fair_value": 0.706716,
        "relative_strength": 7.481726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.00739,
        "energy": 73.050527,
        "activity_lines": [
          0.909476,
          0.884418,
          0.871324,
          0.845801
        ]
      },
      {
        "date": "2025-02-28",
        "close": 0.93361,
        "volume": 1058000,
        "typical_volume": 535690.0,
        "trend": 0.805703,
        "fair_value": 0.708432,
        "relative_strength": 5.414572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.410988,
        "energy": 69.603971,
        "activity_lines": [
          0.923448,
          0.896196,
          0.877993,
          0.854682
        ]
      },
      {
        "date": "2025-03-07",
        "close": 0.943137,
        "volume": 952000,
        "typical_volume": 548440.0,
        "trend": 0.816686,
        "fair_value": 0.71035,
        "relative_strength": 0.630734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.532654,
        "energy": 74.553545,
        "activity_lines": [
          0.935516,
          0.907975,
          0.884979,
          0.863549
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1.07651,
        "volume": 3833000,
        "typical_volume": 716400.0,
        "trend": 0.831198,
        "fair_value": 0.713124,
        "relative_strength": 15.414241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.81496,
        "energy": 86.204599,
        "activity_lines": [
          0.986959,
          0.942271,
          0.903942,
          0.880312
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1.13367,
        "volume": 3870000,
        "typical_volume": 823450.0,
        "trend": 0.848836,
        "fair_value": 0.716312,
        "relative_strength": 22.291374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.086823,
        "energy": 86.398979,
        "activity_lines": [
          1.042849,
          0.982976,
          0.927123,
          0.899826
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1.238463,
        "volume": 1432000,
        "typical_volume": 872550.0,
        "trend": 0.869357,
        "fair_value": 0.719981,
        "relative_strength": 33.90236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.299849,
        "energy": 93.633873,
        "activity_lines": [
          1.118427,
          1.037191,
          0.959559,
          0.924963
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1.066983,
        "volume": 4280000,
        "typical_volume": 1057650.0,
        "trend": 0.883552,
        "fair_value": 0.722599,
        "relative_strength": 17.56679,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.382607,
        "energy": 74.882724,
        "activity_lines": [
          1.119062,
          1.0533,
          0.974167,
          0.937713
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1.04793,
        "volume": 1362000,
        "typical_volume": 1112400.0,
        "trend": 0.897111,
        "fair_value": 0.725047,
        "relative_strength": 25.195963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.128111,
        "energy": 54.434203,
        "activity_lines": [
          1.104455,
          1.062133,
          0.985961,
          0.948318
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1.04793,
        "volume": 1003000,
        "typical_volume": 1159900.0,
        "trend": 0.91006,
        "fair_value": 0.727495,
        "relative_strength": 21.591343,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.004142,
        "energy": 46.362024,
        "activity_lines": [
          1.082861,
          1.067676,
          0.996668,
          0.958048
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1.07651,
        "volume": 919000,
        "typical_volume": 1205550.0,
        "trend": 0.920908,
        "fair_value": 0.730127,
        "relative_strength": 20.766304,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.103349,
        "energy": 30.634638,
        "activity_lines": [
          1.072699,
          1.074951,
          1.00937,
          0.968787
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1.181303,
        "volume": 94000,
        "typical_volume": 1200250.0,
        "trend": 0.933928,
        "fair_value": 0.733667,
        "relative_strength": 28.297015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.509866,
        "energy": 42.188522,
        "activity_lines": [
          1.101279,
          1.098161,
          1.030963,
          0.985587
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1.07651,
        "volume": 270000,
        "typical_volume": 1212800.0,
        "trend": 0.942819,
        "fair_value": 0.736393,
        "relative_strength": 14.251108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.398338,
        "energy": 34.098083,
        "activity_lines": [
          1.098739,
          1.098508,
          1.040944,
          0.994786
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1.124143,
        "volume": 86000,
        "typical_volume": 1215950.0,
        "trend": 0.953934,
        "fair_value": 0.739377,
        "relative_strength": 16.122324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.118931,
        "energy": 38.007654,
        "activity_lines": [
          1.111441,
          1.104917,
          1.054326,
          1.006484
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1.07651,
        "volume": 78000,
        "typical_volume": 1218750.0,
        "trend": 0.962508,
        "fair_value": 0.742056,
        "relative_strength": 9.782777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.591941,
        "energy": 35.8066,
        "activity_lines": [
          1.103185,
          1.099374,
          1.061857,
          1.014392
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1.066983,
        "volume": 306000,
        "typical_volume": 1229950.0,
        "trend": 0.965366,
        "fair_value": 0.744674,
        "relative_strength": 9.921488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.921329,
        "energy": 23.559018,
        "activity_lines": [
          1.089847,
          1.092099,
          1.067437,
          1.021132
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1.10509,
        "volume": 273000,
        "typical_volume": 1232950.0,
        "trend": 0.971399,
        "fair_value": 0.747584,
        "relative_strength": 11.076024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.295863,
        "energy": 23.157178,
        "activity_lines": [
          1.089847,
          1.092965,
          1.075512,
          1.030147
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1.07651,
        "volume": 389000,
        "typical_volume": 1222150.0,
        "trend": 0.978703,
        "fair_value": 0.75012,
        "relative_strength": 7.332368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.322301,
        "energy": 18.243772,
        "activity_lines": [
          1.085401,
          1.09106,
          1.079685,
          1.036928
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1.07651,
        "volume": 308000,
        "typical_volume": 1237550.0,
        "trend": 0.987277,
        "fair_value": 0.752609,
        "relative_strength": 8.519743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.694467,
        "energy": 18.146578,
        "activity_lines": [
          1.080956,
          1.088981,
          1.082816,
          1.043238
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1.124143,
        "volume": 1324000,
        "typical_volume": 1272150.0,
        "trend": 0.994898,
        "fair_value": 0.755688,
        "relative_strength": 9.343493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.165035,
        "energy": 28.844743,
        "activity_lines": [
          1.095563,
          1.095044,
          1.089484,
          1.052068
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1.13,
        "volume": 1142000,
        "typical_volume": 1269000.0,
        "trend": 1.004303,
        "fair_value": 0.758237,
        "relative_strength": 11.167785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.544681,
        "energy": 36.881712,
        "activity_lines": [
          1.108947,
          1.100785,
          1.095441,
          1.060785
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1.16,
        "volume": 891000,
        "typical_volume": 1193500.0,
        "trend": 1.015025,
        "fair_value": 0.760978,
        "relative_strength": 12.553159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.791713,
        "energy": 54.422935,
        "activity_lines": [
          1.128131,
          1.111009,
          1.103183,
          1.07083
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1.2,
        "volume": 35407420,
        "typical_volume": 2910971.0,
        "trend": 1.02708,
        "fair_value": 0.763975,
        "relative_strength": 12.552135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.549332,
        "energy": 65.965346,
        "activity_lines": [
          1.156986,
          1.128892,
          1.113838,
          1.082764
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1.33,
        "volume": 4641000,
        "typical_volume": 3095421.0,
        "trend": 1.043151,
        "fair_value": 0.767806,
        "relative_strength": 21.181824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.478912,
        "energy": 82.446572,
        "activity_lines": [
          1.220943,
          1.168167,
          1.135605,
          1.102307
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1.18,
        "volume": 1110000,
        "typical_volume": 2959271.0,
        "trend": 1.053904,
        "fair_value": 0.770675,
        "relative_strength": 10.868995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.445428,
        "energy": 67.677792,
        "activity_lines": [
          1.218,
          1.176426,
          1.141245,
          1.111136
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.19,
        "volume": 850000,
        "typical_volume": 2808271.0,
        "trend": 1.065944,
        "fair_value": 0.773954,
        "relative_strength": 9.648967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.188573,
        "energy": 57.097206,
        "activity_lines": [
          1.214667,
          1.184622,
          1.147344,
          1.119916
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1.3,
        "volume": 2305000,
        "typical_volume": 2851921.0,
        "trend": 1.080697,
        "fair_value": 0.777593,
        "relative_strength": 17.079123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.279494,
        "energy": 59.989161,
        "activity_lines": [
          1.244,
          1.210581,
          1.163651,
          1.135017
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1.3,
        "volume": 1344000,
        "typical_volume": 2705121.0,
        "trend": 1.09545,
        "fair_value": 0.781231,
        "relative_strength": 15.898665,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.285441,
        "energy": 48.452723,
        "activity_lines": [
          1.264,
          1.232996,
          1.179665,
          1.149165
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1.32,
        "volume": 1784000,
        "typical_volume": 2726221.0,
        "trend": 1.110553,
        "fair_value": 0.784998,
        "relative_strength": 17.985629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.431604,
        "energy": 49.966833,
        "activity_lines": [
          1.284,
          1.254984,
          1.196474,
          1.163652
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1.25,
        "volume": 1736000,
        "typical_volume": 2762871.0,
        "trend": 1.12364,
        "fair_value": 0.788316,
        "relative_strength": 9.64551,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.924807,
        "energy": 44.539169,
        "activity_lines": [
          1.281333,
          1.259818,
          1.205321,
          1.172649
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1.28,
        "volume": 1041000,
        "typical_volume": 2768971.0,
        "trend": 1.136139,
        "fair_value": 0.791826,
        "relative_strength": 7.614126,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.309129,
        "energy": 40.782639,
        "activity_lines": [
          1.284,
          1.267818,
          1.216063,
          1.182737
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1.15,
        "volume": 1299000,
        "typical_volume": 2829221.0,
        "trend": 1.142081,
        "fair_value": 0.794503,
        "relative_strength": -4.181562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.069873,
        "energy": 20.112932,
        "activity_lines": [
          1.237333,
          1.249455,
          1.213455,
          1.183631
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1.18,
        "volume": 786000,
        "typical_volume": 2855021.0,
        "trend": 1.150294,
        "fair_value": 0.797372,
        "relative_strength": -0.483974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 27.77828,
        "energy": 17.452678,
        "activity_lines": [
          1.210667,
          1.236727,
          1.213853,
          1.186077
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1.25,
        "volume": 843000,
        "typical_volume": 2892871.0,
        "trend": 1.160523,
        "fair_value": 0.80069,
        "relative_strength": 1.003191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.166706,
        "energy": 17.988587,
        "activity_lines": [
          1.215333,
          1.237091,
          1.220425,
          1.19251
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1.23,
        "volume": 344000,
        "typical_volume": 2906171.0,
        "trend": 1.16564,
        "fair_value": 0.80388,
        "relative_strength": 2.228394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.775702,
        "energy": 16.947027,
        "activity_lines": [
          1.218,
          1.235273,
          1.224493,
          1.196992
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1.18,
        "volume": 357000,
        "typical_volume": 2908721.0,
        "trend": 1.167184,
        "fair_value": 0.806601,
        "relative_strength": 1.751887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 19.96926,
        "energy": 11.332282,
        "activity_lines": [
          1.205333,
          1.223455,
          1.223068,
          1.197919
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1.2,
        "volume": 347000,
        "typical_volume": 2912421.0,
        "trend": 1.165902,
        "fair_value": 0.809746,
        "relative_strength": -0.388674,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.744542,
        "energy": 7.050796,
        "activity_lines": [
          1.206,
          1.215455,
          1.223009,
          1.200036
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1.21,
        "volume": 137000,
        "typical_volume": 2899821.0,
        "trend": 1.170669,
        "fair_value": 0.813549,
        "relative_strength": 1.472745,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.5904,
        "energy": 8.611598,
        "activity_lines": [
          1.206667,
          1.211091,
          1.223451,
          1.202881
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1.29,
        "volume": 1725000,
        "typical_volume": 2970671.0,
        "trend": 1.178738,
        "fair_value": 0.817865,
        "relative_strength": 6.596064,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.528263,
        "energy": 19.137557,
        "activity_lines": [
          1.232,
          1.222909,
          1.230877,
          1.21058
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1.19,
        "volume": 1451000,
        "typical_volume": 2977021.0,
        "trend": 1.183474,
        "fair_value": 0.820798,
        "relative_strength": -2.916924,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.72797,
        "energy": 10.831886,
        "activity_lines": [
          1.221333,
          1.217091,
          1.227762,
          1.211306
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1.2,
        "volume": 98000,
        "typical_volume": 2924821.0,
        "trend": 1.18759,
        "fair_value": 0.823845,
        "relative_strength": 2.935248,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.896857,
        "energy": 10.318799,
        "activity_lines": [
          1.216667,
          1.214182,
          1.225286,
          1.212372
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1.19,
        "volume": 594000,
        "typical_volume": 2909971.0,
        "trend": 1.18788,
        "fair_value": 0.826778,
        "relative_strength": -0.44096,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.318026,
        "energy": 4.929262,
        "activity_lines": [
          1.207333,
          1.210909,
          1.221524,
          1.212528
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1.21,
        "volume": 374000,
        "typical_volume": 1158300.0,
        "trend": 1.19233,
        "fair_value": 0.82979,
        "relative_strength": 0.199964,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.862457,
        "energy": 10.324083,
        "activity_lines": [
          1.205333,
          1.210545,
          1.219524,
          1.213955
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1.17,
        "volume": 961000,
        "typical_volume": 974300.0,
        "trend": 1.193858,
        "fair_value": 0.832546,
        "relative_strength": -2.832151,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.839534,
        "energy": 19.608728,
        "activity_lines": [
          1.19,
          1.202364,
          1.213667,
          1.212514
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1.13,
        "volume": 74000,
        "typical_volume": 922500.0,
        "trend": 1.195641,
        "fair_value": 0.835045,
        "relative_strength": -5.166442,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -39.343757,
        "energy": 42.277639,
        "activity_lines": [
          1.169333,
          1.188364,
          1.204762,
          1.208395
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1.07,
        "volume": 156000,
        "typical_volume": 887800.0,
        "trend": 1.195742,
        "fair_value": 0.83716,
        "relative_strength": -10.620256,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.710283,
        "energy": 59.637908,
        "activity_lines": [
          1.132667,
          1.165273,
          1.190381,
          1.200289
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1.12,
        "volume": 128000,
        "typical_volume": 778950.0,
        "trend": 1.196239,
        "fair_value": 0.839595,
        "relative_strength": -8.256109,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -62.401566,
        "energy": 68.890781,
        "activity_lines": [
          1.121333,
          1.153273,
          1.181333,
          1.195402
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1.12,
        "volume": 274000,
        "typical_volume": 725450.0,
        "trend": 1.197688,
        "fair_value": 0.841882,
        "relative_strength": -7.853231,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.047333,
        "energy": 68.88273,
        "activity_lines": [
          1.114667,
          1.142727,
          1.173143,
          1.190483
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1.12,
        "volume": 1126000,
        "typical_volume": 692550.0,
        "trend": 1.199138,
        "fair_value": 0.844218,
        "relative_strength": -9.880953,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.02606,
        "energy": 63.599502,
        "activity_lines": [
          1.114,
          1.133818,
          1.16581,
          1.185471
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1.08,
        "volume": 764000,
        "typical_volume": 643950.0,
        "trend": 1.197667,
        "fair_value": 0.846298,
        "relative_strength": -12.704044,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.077435,
        "energy": 50.270653,
        "activity_lines": [
          1.103333,
          1.120727,
          1.155619,
          1.177785
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1.09,
        "volume": 665000,
        "typical_volume": 625150.0,
        "trend": 1.196333,
        "fair_value": 0.848442,
        "relative_strength": -13.837132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.670343,
        "energy": 41.950808,
        "activity_lines": [
          1.099333,
          1.111455,
          1.14719,
          1.170839
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1.07,
        "volume": 47000,
        "typical_volume": 562550.0,
        "trend": 1.193333,
        "fair_value": 0.850458,
        "relative_strength": -12.773635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.440821,
        "energy": 46.672538,
        "activity_lines": [
          1.087333,
          1.100545,
          1.137762,
          1.162688
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1.25,
        "volume": 2791000,
        "typical_volume": 662800.0,
        "trend": 1.195,
        "fair_value": 0.853677,
        "relative_strength": 1.574667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.058562,
        "energy": 12.395192,
        "activity_lines": [
          1.138667,
          1.124545,
          1.145857,
          1.166344
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1.25,
        "volume": 185000,
        "typical_volume": 629900.0,
        "trend": 1.192333,
        "fair_value": 0.856896,
        "relative_strength": 1.914842,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -5.985737,
        "energy": 14.140324,
        "activity_lines": [
          1.181333,
          1.147818,
          1.153619,
          1.169892
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1.26,
        "volume": 324000,
        "typical_volume": 628900.0,
        "trend": 1.195,
        "fair_value": 0.860327,
        "relative_strength": 1.613805,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 23.383103,
        "energy": 28.777817,
        "activity_lines": [
          1.218667,
          1.171455,
          1.162333,
          1.174258
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.22,
        "volume": 362800,
        "typical_volume": 629190.0,
        "trend": 1.196,
        "fair_value": 0.863502,
        "relative_strength": 1.37014,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 16.272592,
        "energy": 29.230239,
        "activity_lines": [
          1.230667,
          1.185455,
          1.167095,
          1.175871
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.22,
        "volume": 1779000,
        "typical_volume": 700790.0,
        "trend": 1.193333,
        "fair_value": 0.866875,
        "relative_strength": 2.405733,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.179169,
        "energy": 33.105568,
        "activity_lines": [
          1.234,
          1.196727,
          1.171667,
          1.177419
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1.23,
        "volume": 805000,
        "typical_volume": 734190.0,
        "trend": 1.191,
        "fair_value": 0.870065,
        "relative_strength": 3.97973,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 16.641855,
        "energy": 29.484441,
        "activity_lines": [
          1.230667,
          1.208,
          1.177095,
          1.179785
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1.24,
        "volume": 676000,
        "typical_volume": 681740.0,
        "trend": 1.188333,
        "fair_value": 0.873467,
        "relative_strength": 6.330808,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.226178,
        "energy": 19.942575,
        "activity_lines": [
          1.232,
          1.219091,
          1.183381,
          1.182946
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1.29,
        "volume": 936000,
        "typical_volume": 655990.0,
        "trend": 1.189667,
        "fair_value": 0.877288,
        "relative_strength": 9.682654,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.320341,
        "energy": 24.554002,
        "activity_lines": [
          1.250667,
          1.237091,
          1.194667,
          1.189505
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1.26,
        "volume": 444000,
        "typical_volume": 673290.0,
        "trend": 1.189,
        "fair_value": 0.880769,
        "relative_strength": 3.978765,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 52.361729,
        "energy": 31.587253,
        "activity_lines": [
          1.257333,
          1.245818,
          1.202619,
          1.194043
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1.29,
        "volume": 814300,
        "typical_volume": 684305.0,
        "trend": 1.193667,
        "fair_value": 0.884195,
        "relative_strength": 5.354444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.678661,
        "energy": 39.420625,
        "activity_lines": [
          1.271333,
          1.256909,
          1.213143,
          1.200559
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1.24,
        "volume": 720000,
        "typical_volume": 701605.0,
        "trend": 1.195667,
        "fair_value": 0.887301,
        "relative_strength": 2.033538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.441929,
        "energy": 33.624388,
        "activity_lines": [
          1.264,
          1.254909,
          1.218429,
          1.203548
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1.046286,
        "volume": 228000,
        "typical_volume": 664955.0,
        "trend": 1.188876,
        "fair_value": 0.889164,
        "relative_strength": -12.806528,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 7.503066,
        "energy": 8.466213,
        "activity_lines": [
          1.191429,
          1.21787,
          1.205122,
          1.193911
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1.02809,
        "volume": 1887000,
        "typical_volume": 755605.0,
        "trend": 1.182146,
        "fair_value": 0.890912,
        "relative_strength": -16.044621,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.456301,
        "energy": 26.321364,
        "activity_lines": [
          1.125706,
          1.181227,
          1.190673,
          1.183538
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1.02809,
        "volume": 1319000,
        "typical_volume": 813755.0,
        "trend": 1.177082,
        "fair_value": 0.893054,
        "relative_strength": -14.347254,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -57.966197,
        "energy": 59.829257,
        "activity_lines": [
          1.077445,
          1.1488,
          1.176708,
          1.173599
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1.02809,
        "volume": 1061000,
        "typical_volume": 860405.0,
        "trend": 1.171352,
        "fair_value": 0.895197,
        "relative_strength": -12.956314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.75475,
        "energy": 73.778064,
        "activity_lines": [
          1.044643,
          1.119862,
          1.162943,
          1.163986
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1.018992,
        "volume": 374000,
        "typical_volume": 865405.0,
        "trend": 1.164985,
        "fair_value": 0.897281,
        "relative_strength": -12.079173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.915154,
        "energy": 76.874681,
        "activity_lines": [
          1.02627,
          1.09276,
          1.148749,
          1.154156
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.009893,
        "volume": 129000,
        "typical_volume": 815555.0,
        "trend": 1.155648,
        "fair_value": 0.899257,
        "relative_strength": -11.874195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.788758,
        "energy": 75.985026,
        "activity_lines": [
          1.019598,
          1.06784,
          1.134169,
          1.144151
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1.000795,
        "volume": 133000,
        "typical_volume": 784005.0,
        "trend": 1.149341,
        "fair_value": 0.901225,
        "relative_strength": -11.637481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.782514,
        "energy": 70.586105,
        "activity_lines": [
          1.01232,
          1.045449,
          1.119248,
          1.13416
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.000795,
        "volume": 355000,
        "typical_volume": 768505.0,
        "trend": 1.142701,
        "fair_value": 0.903192,
        "relative_strength": -8.557199,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.705341,
        "energy": 61.421993,
        "activity_lines": [
          1.006861,
          1.028316,
          1.104703,
          1.124576
        ]
      },
      {
        "date": "2026-06-26",
        "close": 0.982599,
        "volume": 147000,
        "typical_volume": 773505.0,
        "trend": 1.135788,
        "fair_value": 0.905043,
        "relative_strength": -5.140415,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.55777,
        "energy": 66.293767,
        "activity_lines": [
          0.997156,
          1.012588,
          1.088851,
          1.114247
        ]
      },
      {
        "date": "2026-07-03",
        "close": 0.99,
        "volume": 88000,
        "typical_volume": 638355.0,
        "trend": 1.128454,
        "fair_value": 0.906939,
        "relative_strength": -7.011905,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.2064,
        "energy": 70.095655,
        "activity_lines": [
          0.992951,
          1.003795,
          1.074119,
          1.104842
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1.05,
        "volume": 0,
        "typical_volume": 629105.0,
        "trend": 1.124454,
        "fair_value": 0.908936,
        "relative_strength": -4.556251,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.977264,
        "energy": 46.153701,
        "activity_lines": [
          1.010679,
          1.010456,
          1.06634,
          1.09978
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.02,
        "volume": 19000,
        "typical_volume": 613855.0,
        "trend": 1.120788,
        "fair_value": 0.91053,
        "relative_strength": -8.481131,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.487371,
        "energy": 39.76674,
        "activity_lines": [
          1.015733,
          1.011596,
          1.056656,
          1.093041
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.04,
        "volume": 1277000,
        "typical_volume": 659565.0,
        "trend": 1.119788,
        "fair_value": 0.912252,
        "relative_strength": -7.766321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.586833,
        "energy": 31.809423,
        "activity_lines": [
          1.026173,
          1.016518,
          1.05002,
          1.087829
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.07,
        "volume": 469000,
        "typical_volume": 594065.0,
        "trend": 1.118121,
        "fair_value": 0.914377,
        "relative_strength": -8.216795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.501475,
        "energy": 29.316438,
        "activity_lines": [
          1.044,
          1.026679,
          1.047098,
          1.084617
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.06,
        "volume": 1103000,
        "typical_volume": 608965.0,
        "trend": 1.116121,
        "fair_value": 0.916438,
        "relative_strength": -8.049915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.450423,
        "energy": 25.37987,
        "activity_lines": [
          1.052667,
          1.034259,
          1.043938,
          1.080867
        ]
      },
      {
        "date": "2026-08-14",
        "close": 1.05,
        "volume": 1161000,
        "typical_volume": 633215.0,
        "trend": 1.113788,
        "fair_value": 0.918435,
        "relative_strength": -6.532801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.06514,
        "energy": 22.375452,
        "activity_lines": [
          1.053333,
          1.039276,
          1.040635,
          1.076601
        ]
      },
      {
        "date": "2026-08-21",
        "close": 1.05,
        "volume": 289000,
        "typical_volume": 600865.0,
        "trend": 1.112788,
        "fair_value": 0.920432,
        "relative_strength": -9.314137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.383014,
        "energy": 17.297367,
        "activity_lines": [
          1.054,
          1.043564,
          1.038236,
          1.072486
        ]
      }
    ],
    "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."
    }
  }
}