{
  "ticker": {
    "uuid": "c2d7cfc0-13d2-4642-9eac-f4bd0f8f2563",
    "symbol": "6583",
    "name": "Jason's Entertainment Co., Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "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": "2026-08-14",
    "benchmark": "^TWII",
    "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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -66.922,
    "architecture_energy": 69.2,
    "architecture_maturity": 14.079,
    "architecture_confidence": 88.381,
    "architecture_tenure": "New",
    "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": 11.42,
        "rotation_up": 12.02,
        "upward_expansion": 15.28,
        "deceleration": 37.48,
        "rotation_down": 73.87,
        "downward_expansion": 93.28
      },
      "activity_lines": [
        11.436667,
        11.688182,
        12.022619,
        12.162688
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 11.35,
    "trend_reference": 12.283333,
    "distance_from_trend": -0.075984,
    "trend_direction": "Weakening",
    "fair_value": 16.510118,
    "distance_from_fair_value": -0.312543,
    "fair_value_direction": "Weakening",
    "relative_strength": -44.010181,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.069672,
    "excess_performance": -0.511044,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.075984,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.091245,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.312543,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.003712,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.440102,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.000973,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.069672,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.683881,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1000,
      "relative_activity": 0.013024,
      "balance": 0.683881,
      "dry_up": 0.401469,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.056252,
      "annualized_volatility": 0.353545,
      "from_high_reference": -0.356941,
      "from_low_reference": 0.017937
    },
    "levels": {
      "trend_reference": 12.283333,
      "fair_value_reference": 16.510118,
      "structural_low": 11.15,
      "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": 24,
        "median_return": -0.016874,
        "positive_rate": 0.375,
        "directional_follow_through": 0.583333,
        "median_excess_return": -0.057795,
        "regime_survival": 0.833333,
        "best_return": 0.248024,
        "worst_return": -0.326599,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.120168,
        "positive_rate": 0.375,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.279376,
        "regime_survival": 0.5,
        "best_return": 0.286553,
        "worst_return": -0.314815,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.115479,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.408878,
        "regime_survival": 0.2,
        "best_return": 0.20673,
        "worst_return": -0.471429,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.061162,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.1957,
        "regime_survival": 0.0,
        "best_return": 0.444633,
        "worst_return": -0.532468,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-28",
        "end": "2024-11-01",
        "tenure": "Established",
        "return": -0.132275,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-08",
        "end": "2024-11-22",
        "tenure": "New",
        "return": 0.02719,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-29",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.023529,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-21",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.034483,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-14",
        "end": "2025-03-21",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-28",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-09",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.021616,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.029586,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-29",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": 0.103125,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-10",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.127479,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-28",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.00625,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-26",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": -0.199367,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": -0.088462,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-24",
        "end": "2026-08-14",
        "tenure": "New",
        "return": -0.034043,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 32.129032,
        "volume": 40741,
        "typical_volume": 13422.65,
        "trend": 37.36828,
        "fair_value": 30.393474,
        "relative_strength": -18.040543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.831109,
        "energy": 87.567445,
        "activity_lines": [
          33.640286,
          34.950421,
          36.219664,
          36.722053
        ]
      },
      {
        "date": "2023-08-18",
        "close": 29.853226,
        "volume": 14935,
        "typical_volume": 13619.3,
        "trend": 37.075697,
        "fair_value": 30.505901,
        "relative_strength": -22.539306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.706209,
        "energy": 95.169281,
        "activity_lines": [
          32.262903,
          33.814243,
          35.546766,
          36.237211
        ]
      },
      {
        "date": "2023-08-25",
        "close": 29.897848,
        "volume": 52393,
        "typical_volume": 16038.95,
        "trend": 36.73645,
        "fair_value": 30.599939,
        "relative_strength": -22.616367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.059251,
        "energy": 93.918905,
        "activity_lines": [
          31.224659,
          32.850271,
          34.914019,
          35.774124
        ]
      },
      {
        "date": "2023-09-01",
        "close": 29.585485,
        "volume": 3120,
        "typical_volume": 15784.95,
        "trend": 36.425312,
        "fair_value": 30.689004,
        "relative_strength": -23.899789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.31713,
        "energy": 92.352028,
        "activity_lines": [
          30.379785,
          31.993538,
          34.294484,
          35.312772
        ]
      },
      {
        "date": "2023-09-08",
        "close": 29.585485,
        "volume": 158,
        "typical_volume": 15692.85,
        "trend": 36.024752,
        "fair_value": 30.769794,
        "relative_strength": -23.218035,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.763274,
        "energy": 90.183685,
        "activity_lines": [
          29.853226,
          31.308768,
          33.712911,
          34.871492
        ]
      },
      {
        "date": "2023-09-15",
        "close": 28.514517,
        "volume": 10179,
        "typical_volume": 16016.8,
        "trend": 35.721938,
        "fair_value": 30.828801,
        "relative_strength": -27.105572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.20648,
        "energy": 92.299586,
        "activity_lines": [
          29.287993,
          30.565582,
          33.066125,
          34.386961
        ]
      },
      {
        "date": "2023-09-22",
        "close": 28.291397,
        "volume": 1065,
        "typical_volume": 15860.05,
        "trend": 35.479099,
        "fair_value": 30.886813,
        "relative_strength": -24.76463,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.171715,
        "energy": 86.614959,
        "activity_lines": [
          28.889355,
          29.939228,
          32.440563,
          33.907571
        ]
      },
      {
        "date": "2023-09-29",
        "close": 27.622044,
        "volume": 35295,
        "typical_volume": 17474.75,
        "trend": 35.197439,
        "fair_value": 30.935523,
        "relative_strength": -26.160041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.844902,
        "energy": 92.859573,
        "activity_lines": [
          28.371721,
          29.308006,
          31.795377,
          33.400665
        ]
      },
      {
        "date": "2023-10-06",
        "close": 26.506453,
        "volume": 74797,
        "typical_volume": 20559.6,
        "trend": 34.853829,
        "fair_value": 30.988631,
        "relative_strength": -29.441789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.547652,
        "energy": 93.447095,
        "activity_lines": [
          27.633943,
          28.596462,
          31.097153,
          32.839956
        ]
      },
      {
        "date": "2023-10-13",
        "close": 26.506453,
        "volume": 0,
        "typical_volume": 20104.3,
        "trend": 34.457942,
        "fair_value": 31.049585,
        "relative_strength": -30.141775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.467238,
        "energy": 93.557653,
        "activity_lines": [
          27.101435,
          28.027713,
          30.449589,
          32.301415
        ]
      },
      {
        "date": "2023-10-20",
        "close": 26.506453,
        "volume": 0,
        "typical_volume": 19744.05,
        "trend": 34.041418,
        "fair_value": 31.096373,
        "relative_strength": -28.293902,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.631496,
        "energy": 91.670318,
        "activity_lines": [
          26.774195,
          27.60176,
          29.852684,
          31.788416
        ]
      },
      {
        "date": "2023-10-27",
        "close": 25.88172,
        "volume": 2000,
        "typical_volume": 18884.0,
        "trend": 33.657723,
        "fair_value": 31.147002,
        "relative_strength": -28.219224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.211061,
        "energy": 92.617284,
        "activity_lines": [
          26.372581,
          27.164448,
          29.25146,
          31.261984
        ]
      },
      {
        "date": "2023-11-03",
        "close": 19.812904,
        "volume": 149371,
        "typical_volume": 25649.9,
        "trend": 33.020833,
        "fair_value": 31.161126,
        "relative_strength": -45.740642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -99.037734,
        "energy": 82.645046,
        "activity_lines": [
          24.108675,
          25.695924,
          28.134142,
          30.36877
        ]
      },
      {
        "date": "2023-11-10",
        "close": 17.849463,
        "volume": 213973,
        "typical_volume": 36333.4,
        "trend": 32.363894,
        "fair_value": 31.161355,
        "relative_strength": -51.055824,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -98.985911,
        "energy": 88.475377,
        "activity_lines": [
          21.710897,
          24.053774,
          26.920815,
          29.389972
        ]
      },
      {
        "date": "2023-11-17",
        "close": 17.135485,
        "volume": 594819,
        "typical_volume": 62372.2,
        "trend": 31.691409,
        "fair_value": 31.159405,
        "relative_strength": -53.922561,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -96.64597,
        "energy": 97.686639,
        "activity_lines": [
          19.652259,
          22.495191,
          25.740413,
          28.407494
        ]
      },
      {
        "date": "2023-11-24",
        "close": 18.295698,
        "volume": 17900,
        "typical_volume": 62437.2,
        "trend": 31.053472,
        "fair_value": 31.169033,
        "relative_strength": -50.490687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.001173,
        "energy": 90.931546,
        "activity_lines": [
          18.60509,
          21.37392,
          24.765492,
          27.543254
        ]
      },
      {
        "date": "2023-12-01",
        "close": 19.455914,
        "volume": 56453,
        "typical_volume": 63424.65,
        "trend": 30.450081,
        "fair_value": 31.189149,
        "relative_strength": -47.31501,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.641548,
        "energy": 88.735768,
        "activity_lines": [
          18.492043,
          20.649394,
          23.990953,
          26.795025
        ]
      },
      {
        "date": "2023-12-08",
        "close": 19.27742,
        "volume": 52741,
        "typical_volume": 66004.0,
        "trend": 29.799468,
        "fair_value": 31.202891,
        "relative_strength": -47.061573,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.118228,
        "energy": 68.069659,
        "activity_lines": [
          18.747886,
          20.05306,
          23.272087,
          26.074208
        ]
      },
      {
        "date": "2023-12-15",
        "close": 18.741936,
        "volume": 121955,
        "typical_volume": 72095.0,
        "trend": 29.186035,
        "fair_value": 31.214508,
        "relative_strength": -48.806188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.100286,
        "energy": 67.159408,
        "activity_lines": [
          18.860932,
          19.511085,
          22.574046,
          25.360819
        ]
      },
      {
        "date": "2023-12-22",
        "close": 18.340322,
        "volume": 9856,
        "typical_volume": 72587.55,
        "trend": 28.559215,
        "fair_value": 31.223114,
        "relative_strength": -48.975333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.57864,
        "energy": 66.791727,
        "activity_lines": [
          18.780609,
          19.037263,
          21.912128,
          24.661096
        ]
      },
      {
        "date": "2023-12-29",
        "close": 18.429569,
        "volume": 36935,
        "typical_volume": 72397.25,
        "trend": 27.903728,
        "fair_value": 31.236651,
        "relative_strength": -48.681407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.536966,
        "energy": 65.260021,
        "activity_lines": [
          18.649713,
          18.728143,
          21.334995,
          24.00757
        ]
      },
      {
        "date": "2024-01-05",
        "close": 18.117203,
        "volume": 36147,
        "typical_volume": 73457.85,
        "trend": 27.21169,
        "fair_value": 31.242519,
        "relative_strength": -47.287485,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.706735,
        "energy": 65.849197,
        "activity_lines": [
          18.40577,
          18.509081,
          20.793349,
          23.376181
        ]
      },
      {
        "date": "2024-01-12",
        "close": 17.849463,
        "volume": 82204,
        "typical_volume": 74948.4,
        "trend": 26.509351,
        "fair_value": 31.242531,
        "relative_strength": -47.087075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.704499,
        "energy": 65.388953,
        "activity_lines": [
          18.161828,
          18.382512,
          20.282089,
          22.772167
        ]
      },
      {
        "date": "2024-01-19",
        "close": 18.161827,
        "volume": 9612,
        "typical_volume": 75273.0,
        "trend": 25.813297,
        "fair_value": 31.24934,
        "relative_strength": -45.820782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.305566,
        "energy": 61.820079,
        "activity_lines": [
          18.117204,
          18.348436,
          19.857952,
          22.233617
        ]
      },
      {
        "date": "2024-01-26",
        "close": 18.384947,
        "volume": 12727,
        "typical_volume": 75901.45,
        "trend": 25.190054,
        "fair_value": 31.258232,
        "relative_strength": -45.18661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.579235,
        "energy": 56.361169,
        "activity_lines": [
          18.185627,
          18.349247,
          19.509462,
          21.754368
        ]
      },
      {
        "date": "2024-02-02",
        "close": 17.849463,
        "volume": 51916,
        "typical_volume": 77988.3,
        "trend": 24.545986,
        "fair_value": 31.255847,
        "relative_strength": -46.137391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.313917,
        "energy": 63.16082,
        "activity_lines": [
          18.072581,
          18.22998,
          19.16331,
          21.280782
        ]
      },
      {
        "date": "2024-02-09",
        "close": 17.403225,
        "volume": 44924,
        "typical_volume": 80181.25,
        "trend": 23.968853,
        "fair_value": 31.236654,
        "relative_strength": -46.633912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.196095,
        "energy": 65.150519,
        "activity_lines": [
          17.849462,
          18.037693,
          18.825445,
          20.819958
        ]
      },
      {
        "date": "2024-02-16",
        "close": 18.56344,
        "volume": 14076,
        "typical_volume": 79120.3,
        "trend": 23.442294,
        "fair_value": 31.227078,
        "relative_strength": -43.781333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.3609,
        "energy": 57.208748,
        "activity_lines": [
          18.060681,
          18.093675,
          18.649926,
          20.471222
        ]
      },
      {
        "date": "2024-02-23",
        "close": 18.117203,
        "volume": 23725,
        "typical_volume": 76566.7,
        "trend": 22.90086,
        "fair_value": 31.196554,
        "relative_strength": -45.157945,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.197038,
        "energy": 53.735815,
        "activity_lines": [
          18.075555,
          18.081505,
          18.475043,
          20.127668
        ]
      },
      {
        "date": "2024-03-01",
        "close": 17.938709,
        "volume": 18150,
        "typical_volume": 77474.2,
        "trend": 22.353477,
        "fair_value": 31.167719,
        "relative_strength": -45.007666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.010927,
        "energy": 55.659514,
        "activity_lines": [
          18.033906,
          18.04824,
          18.32311,
          19.807529
        ]
      },
      {
        "date": "2024-03-08",
        "close": 16.956989,
        "volume": 44509,
        "typical_volume": 79699.65,
        "trend": 21.847742,
        "fair_value": 31.13259,
        "relative_strength": -49.39347,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.077845,
        "energy": 63.004047,
        "activity_lines": [
          17.694766,
          17.843783,
          18.118479,
          19.459369
        ]
      },
      {
        "date": "2024-03-15",
        "close": 16.867741,
        "volume": 41983,
        "typical_volume": 81698.8,
        "trend": 21.414893,
        "fair_value": 31.094493,
        "relative_strength": -48.444431,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.436505,
        "energy": 70.419184,
        "activity_lines": [
          17.385376,
          17.649872,
          17.950821,
          19.138078
        ]
      },
      {
        "date": "2024-03-22",
        "close": 16.912367,
        "volume": 34433,
        "typical_volume": 75951.9,
        "trend": 20.982043,
        "fair_value": 30.998497,
        "relative_strength": -48.745695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.72351,
        "energy": 81.250561,
        "activity_lines": [
          17.126559,
          17.486793,
          17.830338,
          18.847593
        ]
      },
      {
        "date": "2024-03-29",
        "close": 16.6,
        "volume": 25736,
        "typical_volume": 66540.05,
        "trend": 20.549194,
        "fair_value": 30.910958,
        "relative_strength": -48.929701,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.76475,
        "energy": 77.259422,
        "activity_lines": [
          16.873692,
          17.283959,
          17.693917,
          18.56488
        ]
      },
      {
        "date": "2024-04-05",
        "close": 16.644623,
        "volume": 1677,
        "typical_volume": 36882.95,
        "trend": 20.117832,
        "fair_value": 30.813246,
        "relative_strength": -47.875167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.326988,
        "energy": 76.532303,
        "activity_lines": [
          16.736846,
          17.117634,
          17.567696,
          18.312972
        ]
      },
      {
        "date": "2024-04-12",
        "close": 14.27957,
        "volume": 262263,
        "typical_volume": 49101.1,
        "trend": 19.643333,
        "fair_value": 30.702334,
        "relative_strength": -55.226692,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.80648,
        "energy": 84.881039,
        "activity_lines": [
          15.897921,
          16.552942,
          17.218569,
          17.93631
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.431721,
        "volume": 121670,
        "typical_volume": 52361.95,
        "trend": 19.148011,
        "fair_value": 30.592308,
        "relative_strength": -54.303378,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -96.04738,
        "energy": 95.925048,
        "activity_lines": [
          14.954875,
          15.899003,
          16.807819,
          17.535561
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.744085,
        "volume": 23266,
        "typical_volume": 50888.2,
        "trend": 18.685412,
        "fair_value": 30.488641,
        "relative_strength": -53.60025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.390112,
        "energy": 94.378886,
        "activity_lines": [
          14.345018,
          15.374066,
          16.455504,
          17.186921
        ]
      },
      {
        "date": "2024-05-03",
        "close": 14.368817,
        "volume": 50253,
        "typical_volume": 47303.1,
        "trend": 18.280824,
        "fair_value": 30.38898,
        "relative_strength": -50.903592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.456866,
        "energy": 88.006687,
        "activity_lines": [
          14.154623,
          15.050342,
          16.189037,
          16.908431
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.922581,
        "volume": 53261,
        "typical_volume": 49473.35,
        "trend": 17.861362,
        "fair_value": 30.287112,
        "relative_strength": -52.127342,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.294635,
        "energy": 84.894064,
        "activity_lines": [
          13.964229,
          14.713636,
          15.900896,
          16.627254
        ]
      },
      {
        "date": "2024-05-17",
        "close": 14.056452,
        "volume": 38475,
        "typical_volume": 49550.35,
        "trend": 17.446362,
        "fair_value": 30.20092,
        "relative_strength": -51.838204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.277792,
        "energy": 66.30903,
        "activity_lines": [
          13.999928,
          14.474291,
          15.646541,
          16.381776
        ]
      },
      {
        "date": "2024-05-24",
        "close": 16.466129,
        "volume": 267910,
        "typical_volume": 61138.5,
        "trend": 17.132509,
        "fair_value": 30.129957,
        "relative_strength": -43.201687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.458837,
        "energy": 40.219583,
        "activity_lines": [
          14.853728,
          14.725806,
          15.642504,
          16.318535
        ]
      },
      {
        "date": "2024-05-31",
        "close": 16.466129,
        "volume": 64494,
        "typical_volume": 60253.0,
        "trend": 17.02095,
        "fair_value": 30.056815,
        "relative_strength": -40.881875,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.010342,
        "energy": 21.896239,
        "activity_lines": [
          15.505233,
          14.984624,
          15.646329,
          16.275543
        ]
      },
      {
        "date": "2024-06-07",
        "close": 16.376883,
        "volume": 49029,
        "typical_volume": 62223.85,
        "trend": 16.971864,
        "fair_value": 29.983101,
        "relative_strength": -41.719329,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.983674,
        "energy": 27.262309,
        "activity_lines": [
          15.94552,
          15.235328,
          15.648241,
          16.23399
        ]
      },
      {
        "date": "2024-06-14",
        "close": 16.064516,
        "volume": 87097,
        "typical_volume": 65942.35,
        "trend": 16.936165,
        "fair_value": 29.907385,
        "relative_strength": -43.165856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.300415,
        "energy": 28.538193,
        "activity_lines": [
          16.147814,
          15.433294,
          15.628904,
          16.175451
        ]
      },
      {
        "date": "2024-06-21",
        "close": 16.153763,
        "volume": 40072,
        "typical_volume": 65350.15,
        "trend": 16.864767,
        "fair_value": 29.825703,
        "relative_strength": -43.323375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.683735,
        "energy": 19.994261,
        "activity_lines": [
          16.237061,
          15.658035,
          15.629117,
          16.124974
        ]
      },
      {
        "date": "2024-06-28",
        "close": 16.867741,
        "volume": 18040,
        "typical_volume": 64005.95,
        "trend": 16.778494,
        "fair_value": 29.745547,
        "relative_strength": -38.849487,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.792171,
        "energy": 19.65798,
        "activity_lines": [
          16.42448,
          15.978514,
          15.705402,
          16.125166
        ]
      },
      {
        "date": "2024-07-05",
        "close": 16.778494,
        "volume": 38778,
        "typical_volume": 65241.05,
        "trend": 16.695197,
        "fair_value": 29.663511,
        "relative_strength": -39.040723,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.129996,
        "energy": 17.038974,
        "activity_lines": [
          16.555376,
          16.220293,
          15.775737,
          16.125166
        ]
      },
      {
        "date": "2024-07-12",
        "close": 16.421505,
        "volume": 110500,
        "typical_volume": 69579.8,
        "trend": 16.617849,
        "fair_value": 29.578533,
        "relative_strength": -39.92952,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.291111,
        "energy": 20.187359,
        "activity_lines": [
          16.546451,
          16.341994,
          15.820573,
          16.107508
        ]
      },
      {
        "date": "2024-07-19",
        "close": 16.064516,
        "volume": 21300,
        "typical_volume": 69737.3,
        "trend": 16.541989,
        "fair_value": 29.478846,
        "relative_strength": -37.152744,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.397207,
        "energy": 16.384462,
        "activity_lines": [
          16.415555,
          16.361466,
          15.839485,
          16.071809
        ]
      },
      {
        "date": "2024-07-26",
        "close": 16.421505,
        "volume": 13553,
        "typical_volume": 68189.5,
        "trend": 16.475054,
        "fair_value": 29.394958,
        "relative_strength": -32.124248,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.602245,
        "energy": 13.416335,
        "activity_lines": [
          16.403656,
          16.406901,
          15.901321,
          16.064036
        ]
      },
      {
        "date": "2024-08-02",
        "close": 16.689247,
        "volume": 14670,
        "typical_volume": 66823.85,
        "trend": 16.427455,
        "fair_value": 29.318887,
        "relative_strength": -27.874974,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.344335,
        "energy": 13.534288,
        "activity_lines": [
          16.463154,
          16.458015,
          15.991206,
          16.077855
        ]
      },
      {
        "date": "2024-08-09",
        "close": 15.886021,
        "volume": 122271,
        "typical_volume": 71215.75,
        "trend": 16.362007,
        "fair_value": 29.21239,
        "relative_strength": -29.28538,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.722729,
        "energy": 12.210242,
        "activity_lines": [
          16.26681,
          16.359032,
          16.005443,
          16.042924
        ]
      },
      {
        "date": "2024-08-16",
        "close": 16.153763,
        "volume": 100493,
        "typical_volume": 74953.6,
        "trend": 16.295071,
        "fair_value": 29.102524,
        "relative_strength": -29.501224,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.241026,
        "energy": 5.03226,
        "activity_lines": [
          16.219211,
          16.319276,
          16.050066,
          16.029489
        ]
      },
      {
        "date": "2024-08-23",
        "close": 16.064516,
        "volume": 11124,
        "typical_volume": 75425.95,
        "trend": 16.217724,
        "fair_value": 29.023613,
        "relative_strength": -27.810894,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.027877,
        "energy": 7.013037,
        "activity_lines": [
          16.159713,
          16.267351,
          16.088315,
          16.014614
        ]
      },
      {
        "date": "2024-08-30",
        "close": 16.153763,
        "volume": 55000,
        "typical_volume": 65062.8,
        "trend": 16.1612,
        "fair_value": 28.9477,
        "relative_strength": -26.283567,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.609882,
        "energy": 8.872439,
        "activity_lines": [
          16.129964,
          16.231652,
          16.137826,
          16.010488
        ]
      },
      {
        "date": "2024-09-06",
        "close": 16.243011,
        "volume": 15000,
        "typical_volume": 59729.3,
        "trend": 16.122527,
        "fair_value": 28.871146,
        "relative_strength": -21.418894,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.995355,
        "energy": 5.306546,
        "activity_lines": [
          16.147813,
          16.21218,
          16.186912,
          16.015766
        ]
      },
      {
        "date": "2024-09-13",
        "close": 16.019894,
        "volume": 178138,
        "typical_volume": 67472.9,
        "trend": 16.037742,
        "fair_value": 28.800922,
        "relative_strength": -22.181285,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.697918,
        "energy": 6.613366,
        "activity_lines": [
          16.12104,
          16.1635,
          16.201362,
          16.009144
        ]
      },
      {
        "date": "2024-09-20",
        "close": 15.975268,
        "volume": 3799,
        "typical_volume": 65150.2,
        "trend": 15.966344,
        "fair_value": 28.732595,
        "relative_strength": -22.200777,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 16.247348,
        "energy": 9.255767,
        "activity_lines": [
          16.070466,
          16.120498,
          16.200724,
          16.005114
        ]
      },
      {
        "date": "2024-09-27",
        "close": 15.305913,
        "volume": 23016,
        "typical_volume": 63637.95,
        "trend": 15.878584,
        "fair_value": 28.660947,
        "relative_strength": -26.064482,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -22.673382,
        "energy": 21.652727,
        "activity_lines": [
          15.808674,
          15.96391,
          16.128689,
          15.962505
        ]
      },
      {
        "date": "2024-10-04",
        "close": 16.064516,
        "volume": 40116,
        "typical_volume": 63720.0,
        "trend": 15.848835,
        "fair_value": 28.589312,
        "relative_strength": -19.073499,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 10.336554,
        "energy": 15.349381,
        "activity_lines": [
          15.850322,
          15.959042,
          16.122314,
          15.974501
        ]
      },
      {
        "date": "2024-10-11",
        "close": 15.707527,
        "volume": 7076,
        "typical_volume": 50678.3,
        "trend": 15.810161,
        "fair_value": 28.502535,
        "relative_strength": -21.424273,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -13.031679,
        "energy": 21.512786,
        "activity_lines": [
          15.778925,
          15.895757,
          16.072378,
          15.965384
        ]
      },
      {
        "date": "2024-10-18",
        "close": 15.350538,
        "volume": 27503,
        "typical_volume": 48828.75,
        "trend": 15.7581,
        "fair_value": 28.406922,
        "relative_strength": -23.509189,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -25.652257,
        "energy": 34.425094,
        "activity_lines": [
          15.624229,
          15.785415,
          15.992056,
          15.935731
        ]
      },
      {
        "date": "2024-10-25",
        "close": 15.439784,
        "volume": 14500,
        "typical_volume": 47102.3,
        "trend": 15.719426,
        "fair_value": 28.31188,
        "relative_strength": -20.92915,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -20.701254,
        "energy": 24.225983,
        "activity_lines": [
          15.543907,
          15.701036,
          15.925545,
          15.915195
        ]
      },
      {
        "date": "2024-11-01",
        "close": 14.636559,
        "volume": 22266,
        "typical_volume": 43860.75,
        "trend": 15.652491,
        "fair_value": 28.213388,
        "relative_strength": -22.174383,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -48.917523,
        "energy": 54.038133,
        "activity_lines": [
          15.231541,
          15.483597,
          15.786999,
          15.845332
        ]
      },
      {
        "date": "2024-11-08",
        "close": 14.77043,
        "volume": 5000,
        "typical_volume": 42107.15,
        "trend": 15.668853,
        "fair_value": 28.099505,
        "relative_strength": -23.251029,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.738344,
        "energy": 63.681009,
        "activity_lines": [
          15.008423,
          15.316461,
          15.668003,
          15.788425
        ]
      },
      {
        "date": "2024-11-15",
        "close": 15.216665,
        "volume": 6096,
        "typical_volume": 41509.95,
        "trend": 15.728351,
        "fair_value": 27.990179,
        "relative_strength": -17.477939,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.80817,
        "energy": 56.508362,
        "activity_lines": [
          15.020322,
          15.25561,
          15.598092,
          15.759252
        ]
      },
      {
        "date": "2024-11-22",
        "close": 15.172043,
        "volume": 5094,
        "typical_volume": 39825.75,
        "trend": 15.77595,
        "fair_value": 27.878143,
        "relative_strength": -17.525795,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.896395,
        "energy": 63.097674,
        "activity_lines": [
          15.050071,
          15.205307,
          15.531794,
          15.723361
        ]
      },
      {
        "date": "2024-11-29",
        "close": 15.172043,
        "volume": 0,
        "typical_volume": 34300.75,
        "trend": 15.802724,
        "fair_value": 27.744523,
        "relative_strength": -14.256701,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.477635,
        "energy": 44.422117,
        "activity_lines": [
          15.09172,
          15.17042,
          15.473146,
          15.684399
        ]
      },
      {
        "date": "2024-12-06",
        "close": 15.75215,
        "volume": 43004,
        "typical_volume": 35385.95,
        "trend": 15.863709,
        "fair_value": 27.612681,
        "relative_strength": -13.652996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.911252,
        "energy": 17.644479,
        "activity_lines": [
          15.344587,
          15.255611,
          15.475696,
          15.681136
        ]
      },
      {
        "date": "2024-12-13",
        "close": 15.350538,
        "volume": 10000,
        "typical_volume": 35208.3,
        "trend": 15.906846,
        "fair_value": 27.47681,
        "relative_strength": -14.399106,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.225073,
        "energy": 19.701928,
        "activity_lines": [
          15.389211,
          15.259667,
          15.441485,
          15.648028
        ]
      },
      {
        "date": "2024-12-20",
        "close": 15.261291,
        "volume": 51230,
        "typical_volume": 37036.3,
        "trend": 15.866684,
        "fair_value": 27.341094,
        "relative_strength": -12.17798,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.077639,
        "energy": 18.678804,
        "activity_lines": [
          15.365412,
          15.260479,
          15.403873,
          15.60638
        ]
      },
      {
        "date": "2024-12-27",
        "close": 15.707527,
        "volume": 500,
        "typical_volume": 30947.75,
        "trend": 15.841398,
        "fair_value": 27.220607,
        "relative_strength": -11.807137,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.982416,
        "energy": 17.428702,
        "activity_lines": [
          15.487384,
          15.350538,
          15.415561,
          15.596112
        ]
      },
      {
        "date": "2025-01-03",
        "close": 14.948924,
        "volume": 34334,
        "typical_volume": 27639.8,
        "trend": 15.793799,
        "fair_value": 27.087496,
        "relative_strength": -13.894679,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.929373,
        "energy": 24.916415,
        "activity_lines": [
          15.320788,
          15.296178,
          15.35585,
          15.538533
        ]
      },
      {
        "date": "2025-01-10",
        "close": 15.261291,
        "volume": 15050,
        "typical_volume": 27836.1,
        "trend": 15.767025,
        "fair_value": 26.936987,
        "relative_strength": -11.693254,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.645395,
        "energy": 24.542239,
        "activity_lines": [
          15.27319,
          15.307537,
          15.331626,
          15.504177
        ]
      },
      {
        "date": "2025-01-17",
        "close": 15.127419,
        "volume": 10501,
        "typical_volume": 25611.15,
        "trend": 15.732813,
        "fair_value": 26.798715,
        "relative_strength": -12.142355,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.766026,
        "energy": 28.356967,
        "activity_lines": [
          15.213692,
          15.283196,
          15.298477,
          15.462912
        ]
      },
      {
        "date": "2025-01-24",
        "close": 15.038172,
        "volume": 7300,
        "typical_volume": 25226.15,
        "trend": 15.671828,
        "fair_value": 26.661326,
        "relative_strength": -13.203344,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.744364,
        "energy": 45.051485,
        "activity_lines": [
          15.139319,
          15.236139,
          15.261715,
          15.418097
        ]
      },
      {
        "date": "2025-02-07",
        "close": 15.082795,
        "volume": 10430,
        "typical_volume": 16840.75,
        "trend": 15.615304,
        "fair_value": 26.524709,
        "relative_strength": -11.975879,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.403961,
        "energy": 46.891098,
        "activity_lines": [
          15.094695,
          15.20044,
          15.234941,
          15.380095
        ]
      },
      {
        "date": "2025-02-14",
        "close": 15.529032,
        "volume": 7020,
        "typical_volume": 17001.8,
        "trend": 15.585555,
        "fair_value": 26.401137,
        "relative_strength": -7.386732,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.219514,
        "energy": 21.511617,
        "activity_lines": [
          15.240466,
          15.247497,
          15.255128,
          15.374529
        ]
      },
      {
        "date": "2025-02-21",
        "close": 15.529032,
        "volume": 2094,
        "typical_volume": 15955.7,
        "trend": 15.567706,
        "fair_value": 26.272716,
        "relative_strength": -8.809969,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.364271,
        "energy": 6.548028,
        "activity_lines": [
          15.347562,
          15.288064,
          15.27744,
          15.370882
        ]
      },
      {
        "date": "2025-02-28",
        "close": 15.038172,
        "volume": 100,
        "typical_volume": 13954.9,
        "trend": 15.521595,
        "fair_value": 26.127809,
        "relative_strength": -8.34526,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.547702,
        "energy": 17.275306,
        "activity_lines": [
          15.27319,
          15.243441,
          15.25194,
          15.336719
        ]
      },
      {
        "date": "2025-03-07",
        "close": 14.993547,
        "volume": 3103,
        "typical_volume": 13756.25,
        "trend": 15.465071,
        "fair_value": 25.964427,
        "relative_strength": -5.96645,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.723456,
        "energy": 19.889577,
        "activity_lines": [
          15.189892,
          15.196383,
          15.227079,
          15.302651
        ]
      },
      {
        "date": "2025-03-14",
        "close": 17.849463,
        "volume": 250112,
        "typical_volume": 24886.7,
        "trend": 15.53052,
        "fair_value": 25.828568,
        "relative_strength": 15.182717,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 53.10865,
        "energy": 55.837011,
        "activity_lines": [
          16.061541,
          15.67345,
          15.477609,
          15.456483
        ]
      },
      {
        "date": "2025-03-21",
        "close": 17.849463,
        "volume": 100220,
        "typical_volume": 29172.7,
        "trend": 15.587043,
        "fair_value": 25.69562,
        "relative_strength": 14.098332,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 83.483015,
        "energy": 80.723993,
        "activity_lines": [
          16.748746,
          16.111574,
          15.716239,
          15.606092
        ]
      },
      {
        "date": "2025-03-28",
        "close": 16.778494,
        "volume": 236746,
        "typical_volume": 39896.7,
        "trend": 15.610842,
        "fair_value": 25.561141,
        "relative_strength": 10.44116,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.697764,
        "energy": 72.290063,
        "activity_lines": [
          16.924265,
          16.302238,
          15.841398,
          15.68296
        ]
      },
      {
        "date": "2025-04-04",
        "close": 17.135485,
        "volume": 1011,
        "typical_volume": 39697.25,
        "trend": 15.643566,
        "fair_value": 25.443017,
        "relative_strength": 14.446413,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.155812,
        "energy": 75.921266,
        "activity_lines": [
          17.135484,
          16.530225,
          15.990356,
          15.781324
        ]
      },
      {
        "date": "2025-04-11",
        "close": 16.243011,
        "volume": 105526,
        "typical_volume": 44668.75,
        "trend": 15.643566,
        "fair_value": 25.326448,
        "relative_strength": 18.272128,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.429343,
        "energy": 56.128778,
        "activity_lines": [
          16.909391,
          16.559433,
          16.043054,
          15.819998
        ]
      },
      {
        "date": "2025-04-18",
        "close": 16.019894,
        "volume": 61369,
        "typical_volume": 47482.5,
        "trend": 15.643566,
        "fair_value": 25.212086,
        "relative_strength": 17.012348,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.979984,
        "energy": 25.781398,
        "activity_lines": [
          16.525628,
          16.526169,
          16.069616,
          15.844277
        ]
      },
      {
        "date": "2025-04-25",
        "close": 16.153763,
        "volume": 20109,
        "typical_volume": 48487.95,
        "trend": 15.649516,
        "fair_value": 25.10222,
        "relative_strength": 14.763052,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.101691,
        "energy": 17.89472,
        "activity_lines": [
          16.308459,
          16.500206,
          16.10489,
          15.877193
        ]
      },
      {
        "date": "2025-05-02",
        "close": 16.778494,
        "volume": 34178,
        "typical_volume": 48046.65,
        "trend": 15.698602,
        "fair_value": 25.002179,
        "relative_strength": 13.572566,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.137413,
        "energy": 20.503751,
        "activity_lines": [
          16.412581,
          16.576471,
          16.194987,
          15.95003
        ]
      },
      {
        "date": "2025-05-09",
        "close": 16.689247,
        "volume": 18508,
        "typical_volume": 48472.05,
        "trend": 15.719426,
        "fair_value": 24.901566,
        "relative_strength": 12.003974,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.711726,
        "energy": 18.47067,
        "activity_lines": [
          16.486953,
          16.613793,
          16.271697,
          16.013943
        ]
      },
      {
        "date": "2025-05-16",
        "close": 16.510752,
        "volume": 22049,
        "typical_volume": 47013.0,
        "trend": 15.746201,
        "fair_value": 24.799809,
        "relative_strength": 5.856563,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.717892,
        "energy": 20.310101,
        "activity_lines": [
          16.531577,
          16.588641,
          16.325033,
          16.064996
        ]
      },
      {
        "date": "2025-05-23",
        "close": 16.510752,
        "volume": 18000,
        "typical_volume": 47888.0,
        "trend": 15.784874,
        "fair_value": 24.714058,
        "relative_strength": 6.50191,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.59168,
        "energy": 24.314207,
        "activity_lines": [
          16.558351,
          16.535904,
          16.372419,
          16.114322
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.975268,
        "volume": 3701,
        "typical_volume": 46356.35,
        "trend": 15.802724,
        "fair_value": 24.637728,
        "relative_strength": 4.562473,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.888379,
        "energy": 12.835424,
        "activity_lines": [
          16.373906,
          16.410146,
          16.364982,
          16.126605
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.064516,
        "volume": 20800,
        "typical_volume": 46643.85,
        "trend": 15.850322,
        "fair_value": 24.571671,
        "relative_strength": 3.725846,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.779586,
        "energy": 9.33935,
        "activity_lines": [
          16.231111,
          16.334692,
          16.361157,
          16.143495
        ]
      },
      {
        "date": "2025-06-13",
        "close": 15.930645,
        "volume": 21850,
        "typical_volume": 47211.3,
        "trend": 15.888996,
        "fair_value": 24.492144,
        "relative_strength": 1.014882,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.423827,
        "energy": 10.70903,
        "activity_lines": [
          16.09129,
          16.247878,
          16.340758,
          16.148677
        ]
      },
      {
        "date": "2025-06-20",
        "close": 15.841397,
        "volume": 10601,
        "typical_volume": 47376.35,
        "trend": 15.909821,
        "fair_value": 24.416654,
        "relative_strength": 0.560111,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 0.029019,
        "energy": 16.89259,
        "activity_lines": [
          15.972293,
          16.166744,
          16.308034,
          16.145606
        ]
      },
      {
        "date": "2025-06-27",
        "close": 15.930645,
        "volume": 34052,
        "typical_volume": 48557.45,
        "trend": 15.935107,
        "fair_value": 24.310693,
        "relative_strength": -1.29521,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.225231,
        "energy": 31.723357,
        "activity_lines": [
          15.92767,
          16.109139,
          16.279984,
          16.14695
        ]
      },
      {
        "date": "2025-07-04",
        "close": 16.555376,
        "volume": 30051,
        "typical_volume": 49709.0,
        "trend": 15.981219,
        "fair_value": 24.247055,
        "relative_strength": 2.718555,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 18.701044,
        "energy": 15.63126,
        "activity_lines": [
          16.129964,
          16.166744,
          16.307396,
          16.186967
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.4,
        "volume": 118822,
        "typical_volume": 55545.4,
        "trend": 16.036147,
        "fair_value": 24.18883,
        "relative_strength": 6.842254,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 56.512644,
        "energy": 39.447511,
        "activity_lines": [
          16.575125,
          16.370615,
          16.410361,
          16.278501
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.049999,
        "volume": 13789,
        "typical_volume": 56229.85,
        "trend": 16.092796,
        "fair_value": 24.12424,
        "relative_strength": 1.746703,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 60.847088,
        "energy": 55.94896,
        "activity_lines": [
          16.814587,
          16.49955,
          16.471083,
          16.343911
        ]
      },
      {
        "date": "2025-07-25",
        "close": 16.9,
        "volume": 33284,
        "typical_volume": 57738.9,
        "trend": 16.147419,
        "fair_value": 24.05311,
        "relative_strength": 0.876008,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.091187,
        "energy": 59.043579,
        "activity_lines": [
          16.929426,
          16.594653,
          16.507939,
          16.395989
        ]
      },
      {
        "date": "2025-08-01",
        "close": 16.6,
        "volume": 24587,
        "typical_volume": 46462.65,
        "trend": 16.177168,
        "fair_value": 23.981027,
        "relative_strength": -1.120372,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.284435,
        "energy": 59.960011,
        "activity_lines": [
          16.873692,
          16.628133,
          16.507145,
          16.425188
        ]
      },
      {
        "date": "2025-08-08",
        "close": 16.9,
        "volume": 0,
        "typical_volume": 41451.65,
        "trend": 16.242204,
        "fair_value": 23.886704,
        "relative_strength": -1.613916,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.12936,
        "energy": 47.429574,
        "activity_lines": [
          16.873333,
          16.714535,
          16.540873,
          16.471822
        ]
      },
      {
        "date": "2025-08-15",
        "close": 16.5,
        "volume": 16134,
        "typical_volume": 30421.05,
        "trend": 16.283494,
        "fair_value": 23.77553,
        "relative_strength": -5.020869,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.380354,
        "energy": 25.190492,
        "activity_lines": [
          16.716667,
          16.711398,
          16.541026,
          16.488454
        ]
      },
      {
        "date": "2025-08-22",
        "close": 16.4,
        "volume": 21130,
        "typical_volume": 31427.0,
        "trend": 16.325914,
        "fair_value": 23.657894,
        "relative_strength": -3.246984,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.138945,
        "energy": 14.197474,
        "activity_lines": [
          16.586667,
          16.68216,
          16.532982,
          16.49597
        ]
      },
      {
        "date": "2025-08-29",
        "close": 16.0,
        "volume": 13186,
        "typical_volume": 26810.0,
        "trend": 16.357975,
        "fair_value": 23.537695,
        "relative_strength": -7.270359,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.848126,
        "energy": 12.642354,
        "activity_lines": [
          16.366667,
          16.571662,
          16.490345,
          16.474944
        ]
      },
      {
        "date": "2025-09-05",
        "close": 16.9,
        "volume": 35100,
        "typical_volume": 25496.55,
        "trend": 16.418548,
        "fair_value": 23.428556,
        "relative_strength": -3.006962,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.724933,
        "energy": 18.937179,
        "activity_lines": [
          16.506667,
          16.621916,
          16.53458,
          16.509913
        ]
      },
      {
        "date": "2025-09-12",
        "close": 16.799999,
        "volume": 25600,
        "typical_volume": 25771.1,
        "trend": 16.460914,
        "fair_value": 23.314013,
        "relative_strength": -7.04331,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.632486,
        "energy": 15.425929,
        "activity_lines": [
          16.593333,
          16.636363,
          16.5651,
          16.534523
        ]
      },
      {
        "date": "2025-09-19",
        "close": 16.35,
        "volume": 25000,
        "typical_volume": 25312.2,
        "trend": 16.488279,
        "fair_value": 23.199232,
        "relative_strength": -9.662539,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.78225,
        "energy": 8.481768,
        "activity_lines": [
          16.536666,
          16.564545,
          16.549685,
          16.527367
        ]
      },
      {
        "date": "2025-09-26",
        "close": 17.4,
        "volume": 32000,
        "typical_volume": 25986.8,
        "trend": 16.567007,
        "fair_value": 23.095415,
        "relative_strength": -3.761894,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.507198,
        "energy": 34.16072,
        "activity_lines": [
          16.84,
          16.702727,
          16.636311,
          16.586188
        ]
      },
      {
        "date": "2025-10-03",
        "close": 17.65,
        "volume": 4052,
        "typical_volume": 25086.95,
        "trend": 16.655555,
        "fair_value": 22.9932,
        "relative_strength": -6.658154,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.507061,
        "energy": 59.009673,
        "activity_lines": [
          17.16,
          16.88,
          16.743361,
          16.656058
        ]
      },
      {
        "date": "2025-10-10",
        "close": 17.65,
        "volume": 0,
        "typical_volume": 24186.95,
        "trend": 16.648907,
        "fair_value": 22.907917,
        "relative_strength": -8.323096,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.663249,
        "energy": 72.303648,
        "activity_lines": [
          17.37,
          17.043636,
          16.844987,
          16.720216
        ]
      },
      {
        "date": "2025-10-17",
        "close": 16.85,
        "volume": 26009,
        "typical_volume": 25302.35,
        "trend": 16.615591,
        "fair_value": 22.817506,
        "relative_strength": -12.315567,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.649142,
        "energy": 62.521113,
        "activity_lines": [
          17.263333,
          17.042727,
          16.864997,
          16.73319
        ]
      },
      {
        "date": "2025-10-24",
        "close": 16.85,
        "volume": 762,
        "typical_volume": 24300.45,
        "trend": 16.617975,
        "fair_value": 22.735297,
        "relative_strength": -12.948874,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.14592,
        "energy": 44.39674,
        "activity_lines": [
          17.153333,
          17.042727,
          16.880842,
          16.748313
        ]
      },
      {
        "date": "2025-10-31",
        "close": 16.85,
        "volume": 400,
        "typical_volume": 23227.95,
        "trend": 16.608459,
        "fair_value": 22.653087,
        "relative_strength": -14.960573,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.906381,
        "energy": 20.315935,
        "activity_lines": [
          17.01,
          17.036364,
          16.892947,
          16.763282
        ]
      },
      {
        "date": "2025-11-07",
        "close": 16.9,
        "volume": 2006,
        "typical_volume": 22798.2,
        "trend": 16.630358,
        "fair_value": 22.566172,
        "relative_strength": -12.838376,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.412665,
        "energy": 18.52965,
        "activity_lines": [
          16.92,
          17.030909,
          16.905435,
          16.782091
        ]
      },
      {
        "date": "2025-11-14",
        "close": 15.45,
        "volume": 22675,
        "typical_volume": 22229.35,
        "trend": 16.611362,
        "fair_value": 22.463083,
        "relative_strength": -19.438693,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -33.970855,
        "energy": 29.068569,
        "activity_lines": [
          16.396667,
          16.745455,
          16.774787,
          16.705939
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15.4,
        "volume": 17200,
        "typical_volume": 21586.8,
        "trend": 16.586236,
        "fair_value": 22.35544,
        "relative_strength": -16.577189,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -36.952297,
        "energy": 48.194415,
        "activity_lines": [
          16.003333,
          16.477273,
          16.641667,
          16.627787
        ]
      },
      {
        "date": "2025-11-28",
        "close": 16.0,
        "volume": 5301,
        "typical_volume": 15910.75,
        "trend": 16.560287,
        "fair_value": 22.246617,
        "relative_strength": -16.874609,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.117229,
        "energy": 53.756913,
        "activity_lines": [
          15.906667,
          16.343636,
          16.57119,
          16.589965
        ]
      },
      {
        "date": "2025-12-05",
        "close": 16.1,
        "volume": 157,
        "typical_volume": 15229.15,
        "trend": 16.540645,
        "fair_value": 22.145842,
        "relative_strength": -17.171937,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.945282,
        "energy": 58.563962,
        "activity_lines": [
          15.9,
          16.234545,
          16.516905,
          16.560269
        ]
      },
      {
        "date": "2025-12-12",
        "close": 16.1,
        "volume": 16727,
        "typical_volume": 14401.3,
        "trend": 16.526953,
        "fair_value": 22.028136,
        "relative_strength": -17.562788,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.75883,
        "energy": 49.4563,
        "activity_lines": [
          15.943333,
          16.149091,
          16.467143,
          16.531841
        ]
      },
      {
        "date": "2025-12-19",
        "close": 16.1,
        "volume": 210,
        "typical_volume": 13182.45,
        "trend": 16.513262,
        "fair_value": 21.917043,
        "relative_strength": -15.869821,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -52.784853,
        "energy": 34.254235,
        "activity_lines": [
          16.04,
          16.091818,
          16.42119,
          16.504295
        ]
      },
      {
        "date": "2025-12-26",
        "close": 15.8,
        "volume": 21941,
        "typical_volume": 14279.5,
        "trend": 16.507419,
        "fair_value": 21.782069,
        "relative_strength": -19.644157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.324302,
        "energy": 37.073867,
        "activity_lines": [
          15.993333,
          16.008182,
          16.349048,
          16.458278
        ]
      },
      {
        "date": "2026-01-02",
        "close": 15.8,
        "volume": 0,
        "typical_volume": 13472.8,
        "trend": 16.498602,
        "fair_value": 21.599737,
        "relative_strength": -21.518226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.362179,
        "energy": 39.625113,
        "activity_lines": [
          15.92,
          15.943636,
          16.282143,
          16.412638
        ]
      },
      {
        "date": "2026-01-09",
        "close": 12.45,
        "volume": 317534,
        "typical_volume": 28293.0,
        "trend": 16.382581,
        "fair_value": 21.392756,
        "relative_strength": -39.667317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.135258,
        "energy": 86.795221,
        "activity_lines": [
          14.743333,
          15.289091,
          15.899524,
          16.151438
        ]
      },
      {
        "date": "2026-01-16",
        "close": 12.4,
        "volume": 28675,
        "typical_volume": 29067.45,
        "trend": 16.267867,
        "fair_value": 21.207679,
        "relative_strength": -41.609505,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.205311,
        "energy": 97.267326,
        "activity_lines": [
          13.793333,
          14.705455,
          15.530952,
          15.894498
        ]
      },
      {
        "date": "2026-01-23",
        "close": 12.9,
        "volume": 106455,
        "typical_volume": 32635.2,
        "trend": 16.166846,
        "fair_value": 21.042738,
        "relative_strength": -39.878379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.739243,
        "energy": 92.156997,
        "activity_lines": [
          13.256667,
          14.294545,
          15.227143,
          15.677216
        ]
      },
      {
        "date": "2026-01-30",
        "close": 12.7,
        "volume": 41862,
        "typical_volume": 33448.3,
        "trend": 16.038333,
        "fair_value": 20.867256,
        "relative_strength": -40.5854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.298762,
        "energy": 90.701754,
        "activity_lines": [
          12.866667,
          13.893636,
          14.923333,
          15.453548
        ]
      },
      {
        "date": "2026-02-06",
        "close": 12.2,
        "volume": 64543,
        "typical_volume": 35425.45,
        "trend": 15.865,
        "fair_value": 20.695976,
        "relative_strength": -41.987548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.586285,
        "energy": 91.09374,
        "activity_lines": [
          12.516667,
          13.450909,
          14.591429,
          15.205914
        ]
      },
      {
        "date": "2026-02-13",
        "close": 12.1,
        "volume": 33147,
        "typical_volume": 35482.8,
        "trend": 15.7,
        "fair_value": 20.506859,
        "relative_strength": -45.088085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.685679,
        "energy": 73.98542,
        "activity_lines": [
          12.373333,
          13.059091,
          14.269762,
          14.963011
        ]
      },
      {
        "date": "2026-02-27",
        "close": 11.7,
        "volume": 112939,
        "typical_volume": 40927.15,
        "trend": 15.526667,
        "fair_value": 20.34084,
        "relative_strength": -49.13183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.534241,
        "energy": 71.794206,
        "activity_lines": [
          12.12,
          12.667273,
          13.935238,
          14.704946
        ]
      },
      {
        "date": "2026-03-06",
        "close": 11.6,
        "volume": 179640,
        "typical_volume": 49909.15,
        "trend": 15.36,
        "fair_value": 20.187144,
        "relative_strength": -46.354553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.715504,
        "energy": 70.183613,
        "activity_lines": [
          11.88,
          12.337273,
          13.619524,
          14.451613
        ]
      },
      {
        "date": "2026-03-13",
        "close": 11.65,
        "volume": 57150,
        "typical_volume": 51466.2,
        "trend": 15.185,
        "fair_value": 20.030594,
        "relative_strength": -45.286419,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.100623,
        "energy": 67.309131,
        "activity_lines": [
          11.743333,
          12.098182,
          13.337381,
          14.212258
        ]
      },
      {
        "date": "2026-03-20",
        "close": 11.8,
        "volume": 18629,
        "typical_volume": 52359.55,
        "trend": 15.028333,
        "fair_value": 19.870243,
        "relative_strength": -44.041375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.621763,
        "energy": 64.585564,
        "activity_lines": [
          11.726667,
          11.961818,
          13.094286,
          13.993871
        ]
      },
      {
        "date": "2026-03-27",
        "close": 13.05,
        "volume": 131357,
        "typical_volume": 58907.4,
        "trend": 14.916667,
        "fair_value": 19.707851,
        "relative_strength": -36.511995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.120722,
        "energy": 44.130379,
        "activity_lines": [
          12.153333,
          12.125455,
          12.994286,
          13.866237
        ]
      },
      {
        "date": "2026-04-03",
        "close": 12.1,
        "volume": 41049,
        "typical_volume": 60859.55,
        "trend": 14.786667,
        "fair_value": 19.535401,
        "relative_strength": -39.39679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.352297,
        "energy": 37.481813,
        "activity_lines": [
          12.2,
          12.105455,
          12.821905,
          13.684516
        ]
      },
      {
        "date": "2026-04-10",
        "close": 12.65,
        "volume": 427558,
        "typical_volume": 81103.7,
        "trend": 14.645,
        "fair_value": 19.376795,
        "relative_strength": -40.902666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.822839,
        "energy": 24.748843,
        "activity_lines": [
          12.403333,
          12.190909,
          12.724762,
          13.546667
        ]
      },
      {
        "date": "2026-04-17",
        "close": 14.6,
        "volume": 274383,
        "typical_volume": 93962.85,
        "trend": 14.571667,
        "fair_value": 19.2209,
        "relative_strength": -33.440938,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.942222,
        "energy": 17.308686,
        "activity_lines": [
          13.186667,
          12.635455,
          12.826667,
          13.543763
        ]
      },
      {
        "date": "2026-04-24",
        "close": 13.2,
        "volume": 169027,
        "typical_volume": 102149.15,
        "trend": 14.466667,
        "fair_value": 19.064762,
        "relative_strength": -42.204541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.070322,
        "energy": 18.640131,
        "activity_lines": [
          13.306667,
          12.790909,
          12.799048,
          13.455269
        ]
      },
      {
        "date": "2026-05-01",
        "close": 12.65,
        "volume": 1217,
        "typical_volume": 102202.15,
        "trend": 14.308333,
        "fair_value": 18.906685,
        "relative_strength": -43.704094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.236586,
        "energy": 16.53338,
        "activity_lines": [
          13.15,
          12.828182,
          12.732381,
          13.338065
        ]
      },
      {
        "date": "2026-05-08",
        "close": 13.0,
        "volume": 75135,
        "typical_volume": 105122.55,
        "trend": 14.153333,
        "fair_value": 18.750058,
        "relative_strength": -44.962522,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.847844,
        "energy": 15.01546,
        "activity_lines": [
          13.136667,
          12.919091,
          12.715476,
          13.253656
        ]
      },
      {
        "date": "2026-05-15",
        "close": 12.85,
        "volume": 4375,
        "typical_volume": 105330.8,
        "trend": 13.993333,
        "fair_value": 18.591675,
        "relative_strength": -44.107484,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.244154,
        "energy": 11.317164,
        "activity_lines": [
          13.013333,
          12.959091,
          12.699048,
          13.16957
        ]
      },
      {
        "date": "2026-05-22",
        "close": 12.45,
        "volume": 10006,
        "typical_volume": 104734.05,
        "trend": 13.846667,
        "fair_value": 18.422792,
        "relative_strength": -46.399437,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.151298,
        "energy": 20.278504,
        "activity_lines": [
          12.743333,
          12.903636,
          12.66,
          13.07
        ]
      },
      {
        "date": "2026-05-29",
        "close": 11.9,
        "volume": 49553,
        "typical_volume": 107211.7,
        "trend": 13.681667,
        "fair_value": 18.260965,
        "relative_strength": -50.734441,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.777606,
        "energy": 26.421259,
        "activity_lines": [
          12.433333,
          12.733636,
          12.584524,
          12.944409
        ]
      },
      {
        "date": "2026-06-05",
        "close": 11.9,
        "volume": 15938,
        "typical_volume": 92131.9,
        "trend": 13.516667,
        "fair_value": 18.099139,
        "relative_strength": -50.245703,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.262466,
        "energy": 33.041774,
        "activity_lines": [
          12.21,
          12.561818,
          12.527619,
          12.829462
        ]
      },
      {
        "date": "2026-06-12",
        "close": 12.5,
        "volume": 33290,
        "typical_volume": 92362.65,
        "trend": 13.37,
        "fair_value": 17.935074,
        "relative_strength": -45.768542,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.941828,
        "energy": 31.263491,
        "activity_lines": [
          12.236667,
          12.52,
          12.530476,
          12.763871
        ]
      },
      {
        "date": "2026-06-19",
        "close": 12.45,
        "volume": 16389,
        "typical_volume": 87859.35,
        "trend": 13.27,
        "fair_value": 17.765661,
        "relative_strength": -47.781459,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.764038,
        "energy": 26.920159,
        "activity_lines": [
          12.28,
          12.461818,
          12.528095,
          12.704516
        ]
      },
      {
        "date": "2026-06-26",
        "close": 12.2,
        "volume": 45694,
        "typical_volume": 88050.95,
        "trend": 13.163333,
        "fair_value": 17.594382,
        "relative_strength": -45.751845,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.218209,
        "energy": 25.708027,
        "activity_lines": [
          12.266667,
          12.361818,
          12.504048,
          12.635484
        ]
      },
      {
        "date": "2026-07-03",
        "close": 12.45,
        "volume": 171778,
        "typical_volume": 93412.7,
        "trend": 13.045,
        "fair_value": 17.423911,
        "relative_strength": -46.355797,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.677438,
        "energy": 15.735892,
        "activity_lines": [
          12.353333,
          12.350909,
          12.50619,
          12.589462
        ]
      },
      {
        "date": "2026-07-10",
        "close": 11.85,
        "volume": 69917,
        "typical_volume": 95251.2,
        "trend": 12.903333,
        "fair_value": 17.262166,
        "relative_strength": -46.352133,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.929088,
        "energy": 26.638186,
        "activity_lines": [
          12.203333,
          12.244545,
          12.45,
          12.512366
        ]
      },
      {
        "date": "2026-07-17",
        "close": 11.85,
        "volume": 7000,
        "typical_volume": 89954.25,
        "trend": 12.761667,
        "fair_value": 17.099848,
        "relative_strength": -41.860288,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.334408,
        "energy": 38.7675,
        "activity_lines": [
          12.056667,
          12.152727,
          12.395,
          12.444409
        ]
      },
      {
        "date": "2026-07-24",
        "close": 11.75,
        "volume": 23000,
        "typical_volume": 82122.25,
        "trend": 12.616667,
        "fair_value": 16.952623,
        "relative_strength": -42.586478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.786629,
        "energy": 51.083455,
        "activity_lines": [
          11.92,
          12.063636,
          12.329762,
          12.37914
        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.35,
        "volume": 85300,
        "typical_volume": 83529.75,
        "trend": 12.468333,
        "fair_value": 16.805121,
        "relative_strength": -42.772669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.872563,
        "energy": 65.478105,
        "activity_lines": [
          11.696667,
          11.921818,
          12.225714,
          12.297419
        ]
      },
      {
        "date": "2026-08-07",
        "close": 11.35,
        "volume": 14000,
        "typical_volume": 83298.3,
        "trend": 12.32,
        "fair_value": 16.65762,
        "relative_strength": -43.129933,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.555811,
        "energy": 67.626534,
        "activity_lines": [
          11.53,
          11.8,
          12.123095,
          12.225269
        ]
      },
      {
        "date": "2026-08-14",
        "close": 11.35,
        "volume": 1000,
        "typical_volume": 76780.45,
        "trend": 12.283333,
        "fair_value": 16.510118,
        "relative_strength": -44.010181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.92175,
        "energy": 69.200363,
        "activity_lines": [
          11.436667,
          11.688182,
          12.022619,
          12.162688
        ]
      }
    ],
    "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."
    }
  }
}