{
  "ticker": {
    "uuid": "c6adc098-71ad-4f5b-939a-d7081ae20437",
    "symbol": "MFEC",
    "name": "MFEC Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^SET.BK",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 66.652,
    "architecture_energy": 64.927,
    "architecture_maturity": 53.57,
    "architecture_confidence": 72.562,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 6.79,
        "rotation_up": 72.56,
        "upward_expansion": 87.44,
        "deceleration": 50.3,
        "rotation_down": 13.74,
        "downward_expansion": 11.77
      },
      "activity_lines": [
        6.043333,
        5.968182,
        5.849977,
        5.730128
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 6.05,
    "trend_reference": 5.527033,
    "distance_from_trend": 0.09462,
    "trend_direction": "Improving",
    "fair_value": 5.132887,
    "distance_from_fair_value": 0.178674,
    "fair_value_direction": "Improving",
    "relative_strength": 1.280832,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.242528,
    "excess_performance": 0.050203,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.09462,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.082395,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.178674,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.080157,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.012808,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.036755,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.242528,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.189242,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 549200,
      "relative_activity": 0.687867,
      "balance": 1.189242,
      "dry_up": 1.334339,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.029879,
      "annualized_volatility": 0.145853,
      "from_high_reference": -0.024194,
      "from_low_reference": 0.322369
    },
    "levels": {
      "trend_reference": 5.527033,
      "fair_value_reference": 5.132887,
      "structural_low": 4.869106,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.008696,
        "positive_rate": 0.615385,
        "directional_follow_through": 0.615385,
        "median_excess_return": -0.01063,
        "regime_survival": 0.692308,
        "best_return": 0.213836,
        "worst_return": -0.088496,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.02459,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.014542,
        "regime_survival": 0.4,
        "best_return": 0.251572,
        "worst_return": -0.114112,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.026067,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.131693,
        "regime_survival": 0.0,
        "best_return": 0.144654,
        "worst_return": -0.091201,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.04484,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.144383,
        "regime_survival": 0.0,
        "best_return": 0.219067,
        "worst_return": -0.129386,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-04-05",
        "end": "2024-05-17",
        "tenure": "Developing",
        "return": -0.037742,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-24",
        "end": "2024-06-07",
        "tenure": "New",
        "return": -0.039682,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-06-14",
        "end": "2024-06-28",
        "tenure": "New",
        "return": 0.034188,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-07-05",
        "end": "2024-09-27",
        "tenure": "Established",
        "return": 0.017242,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-04",
        "end": "2024-10-11",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-18",
        "end": "2024-11-29",
        "tenure": "Developing",
        "return": 0.02439,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.02459,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-20",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": -0.017094,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-31",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": 0.042735,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-07",
        "end": "2025-09-05",
        "tenure": "Extended",
        "return": -0.028995,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-12",
        "end": "2026-01-16",
        "tenure": "Established",
        "return": -0.018868,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-01-30",
        "tenure": "New",
        "return": 0.019231,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-06",
        "end": "2026-02-27",
        "tenure": "New",
        "return": 0.113207,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-06",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.165557,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 5.517725,
        "volume": 709300,
        "typical_volume": 1210150.0,
        "trend": 5.96147,
        "fair_value": 5.688775,
        "relative_strength": -5.856903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.704526,
        "energy": 67.669022,
        "activity_lines": [
          5.695033,
          5.79343,
          5.905052,
          5.930349
        ]
      },
      {
        "date": "2023-08-25",
        "close": 5.597116,
        "volume": 984800,
        "typical_volume": 1214100.0,
        "trend": 5.944676,
        "fair_value": 5.703776,
        "relative_strength": -6.68321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.017977,
        "energy": 71.800241,
        "activity_lines": [
          5.636812,
          5.745073,
          5.871972,
          5.906842
        ]
      },
      {
        "date": "2023-09-01",
        "close": 5.597116,
        "volume": 966300,
        "typical_volume": 1235725.0,
        "trend": 5.927881,
        "fair_value": 5.718514,
        "relative_strength": -6.417992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.486213,
        "energy": 74.230891,
        "activity_lines": [
          5.599763,
          5.704656,
          5.840216,
          5.884419
        ]
      },
      {
        "date": "2023-09-08",
        "close": 5.597116,
        "volume": 498100,
        "typical_volume": 1212605.0,
        "trend": 5.911087,
        "fair_value": 5.73334,
        "relative_strength": -5.105402,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.029872,
        "energy": 69.563819,
        "activity_lines": [
          5.583884,
          5.672177,
          5.809962,
          5.86308
        ]
      },
      {
        "date": "2023-09-15",
        "close": 5.636812,
        "volume": 528500,
        "typical_volume": 1189600.0,
        "trend": 5.904403,
        "fair_value": 5.748333,
        "relative_strength": -3.70151,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.742815,
        "energy": 53.465878,
        "activity_lines": [
          5.605055,
          5.65269,
          5.784632,
          5.845384
        ]
      },
      {
        "date": "2023-09-22",
        "close": 5.517725,
        "volume": 339900,
        "typical_volume": 1186285.0,
        "trend": 5.887473,
        "fair_value": 5.762474,
        "relative_strength": -4.297595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.194776,
        "energy": 50.717091,
        "activity_lines": [
          5.581238,
          5.615882,
          5.749095,
          5.820437
        ]
      },
      {
        "date": "2023-09-29",
        "close": 5.517725,
        "volume": 945800,
        "typical_volume": 911620.0,
        "trend": 5.875564,
        "fair_value": 5.777581,
        "relative_strength": -0.818223,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.918712,
        "energy": 47.574631,
        "activity_lines": [
          5.557421,
          5.58629,
          5.71507,
          5.796583
        ]
      },
      {
        "date": "2023-10-06",
        "close": 5.160462,
        "volume": 1395800,
        "typical_volume": 887960.0,
        "trend": 5.849236,
        "fair_value": 5.788731,
        "relative_strength": -4.876602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.930372,
        "energy": 70.431314,
        "activity_lines": [
          5.419808,
          5.498959,
          5.6508,
          5.750447
        ]
      },
      {
        "date": "2023-10-13",
        "close": 5.120766,
        "volume": 495400,
        "typical_volume": 850205.0,
        "trend": 5.820329,
        "fair_value": 5.800503,
        "relative_strength": -6.169478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.996229,
        "energy": 84.458894,
        "activity_lines": [
          5.298074,
          5.418124,
          5.587098,
          5.703449
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4.961982,
        "volume": 688200,
        "typical_volume": 848875.0,
        "trend": 5.78613,
        "fair_value": 5.811696,
        "relative_strength": -5.520208,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.031914,
        "energy": 90.990435,
        "activity_lines": [
          5.155169,
          5.323576,
          5.513377,
          5.648072
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4.922287,
        "volume": 475400,
        "typical_volume": 844710.0,
        "trend": 5.750607,
        "fair_value": 5.822547,
        "relative_strength": -5.322941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.549982,
        "energy": 92.061817,
        "activity_lines": [
          5.044021,
          5.232636,
          5.441546,
          5.59234
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4.842895,
        "volume": 1036100,
        "typical_volume": 825520.0,
        "trend": 5.716204,
        "fair_value": 5.832714,
        "relative_strength": -8.683085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.73995,
        "energy": 91.15933,
        "activity_lines": [
          4.946104,
          5.138088,
          5.368203,
          5.533778
        ]
      },
      {
        "date": "2023-11-10",
        "close": 4.961982,
        "volume": 805700,
        "typical_volume": 803265.0,
        "trend": 5.684515,
        "fair_value": 5.843556,
        "relative_strength": -4.305635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.852295,
        "energy": 86.49619,
        "activity_lines": [
          4.932872,
          5.078905,
          5.311873,
          5.485119
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4.961982,
        "volume": 1075300,
        "typical_volume": 806515.0,
        "trend": 5.655337,
        "fair_value": 5.85396,
        "relative_strength": -6.037949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.463531,
        "energy": 69.719566,
        "activity_lines": [
          4.932872,
          5.03127,
          5.260647,
          5.438503
        ]
      },
      {
        "date": "2023-11-24",
        "close": 5.001678,
        "volume": 364200,
        "typical_volume": 785190.0,
        "trend": 5.626227,
        "fair_value": 5.86453,
        "relative_strength": -3.927955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.662362,
        "energy": 58.864072,
        "activity_lines": [
          4.956689,
          5.0024,
          5.217737,
          5.396332
        ]
      },
      {
        "date": "2023-12-01",
        "close": 5.041374,
        "volume": 269100,
        "typical_volume": 777900.0,
        "trend": 5.599763,
        "fair_value": 5.875092,
        "relative_strength": -1.873896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.655432,
        "energy": 50.115716,
        "activity_lines": [
          4.991092,
          4.992295,
          5.182767,
          5.3586
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.961982,
        "volume": 150500,
        "typical_volume": 764580.0,
        "trend": 5.554774,
        "fair_value": 5.885495,
        "relative_strength": -3.395626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.175602,
        "energy": 44.666988,
        "activity_lines": [
          4.991092,
          4.976417,
          5.144394,
          5.317452
        ]
      },
      {
        "date": "2023-12-15",
        "close": 4.961982,
        "volume": 280900,
        "typical_volume": 759075.0,
        "trend": 5.517724,
        "fair_value": 5.895899,
        "relative_strength": -4.062319,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -47.761161,
        "energy": 39.811882,
        "activity_lines": [
          4.983153,
          4.970643,
          5.110558,
          5.279208
        ]
      },
      {
        "date": "2023-12-22",
        "close": 5.041374,
        "volume": 534700,
        "typical_volume": 765595.0,
        "trend": 5.479352,
        "fair_value": 5.907163,
        "relative_strength": -3.457397,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -44.443431,
        "energy": 34.347848,
        "activity_lines": [
          5.001678,
          4.982913,
          5.08882,
          5.248475
        ]
      },
      {
        "date": "2023-12-29",
        "close": 5.27955,
        "volume": 316000,
        "typical_volume": 643000.0,
        "trend": 5.450242,
        "fair_value": 5.919953,
        "relative_strength": 0.262489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.659154,
        "energy": 20.419892,
        "activity_lines": [
          5.094302,
          5.039931,
          5.094113,
          5.235585
        ]
      },
      {
        "date": "2024-01-05",
        "close": 5.478029,
        "volume": 588300,
        "typical_volume": 636950.0,
        "trend": 5.426424,
        "fair_value": 5.93384,
        "relative_strength": 3.035523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 8.79032,
        "energy": 17.879333,
        "activity_lines": [
          5.234561,
          5.127262,
          5.119632,
          5.237378
        ]
      },
      {
        "date": "2024-01-12",
        "close": 5.398637,
        "volume": 423500,
        "typical_volume": 608885.0,
        "trend": 5.405253,
        "fair_value": 5.947481,
        "relative_strength": 2.465648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 5.29992,
        "energy": 25.477529,
        "activity_lines": [
          5.319245,
          5.190053,
          5.137778,
          5.235585
        ]
      },
      {
        "date": "2024-01-19",
        "close": 5.398637,
        "volume": 430700,
        "typical_volume": 582105.0,
        "trend": 5.384082,
        "fair_value": 5.960509,
        "relative_strength": 4.656659,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 6.236926,
        "energy": 30.26954,
        "activity_lines": [
          5.37482,
          5.24274,
          5.15687,
          5.235158
        ]
      },
      {
        "date": "2024-01-26",
        "close": 5.438333,
        "volume": 376300,
        "typical_volume": 576015.0,
        "trend": 5.368203,
        "fair_value": 5.973527,
        "relative_strength": 6.342965,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.099032,
        "energy": 48.113411,
        "activity_lines": [
          5.414515,
          5.294706,
          5.180688,
          5.238658
        ]
      },
      {
        "date": "2024-02-02",
        "close": 5.55742,
        "volume": 924400,
        "typical_volume": 595810.0,
        "trend": 5.357618,
        "fair_value": 5.987221,
        "relative_strength": 7.199334,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.285157,
        "energy": 55.88988,
        "activity_lines": [
          5.467443,
          5.359663,
          5.216603,
          5.250866
        ]
      },
      {
        "date": "2024-02-09",
        "close": 5.517725,
        "volume": 404000,
        "typical_volume": 599015.0,
        "trend": 5.344386,
        "fair_value": 6.000661,
        "relative_strength": 5.93666,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.413392,
        "energy": 46.888055,
        "activity_lines": [
          5.488614,
          5.407298,
          5.249116,
          5.261195
        ]
      },
      {
        "date": "2024-02-16",
        "close": 5.517725,
        "volume": 743900,
        "typical_volume": 588920.0,
        "trend": 5.331154,
        "fair_value": 6.014101,
        "relative_strength": 5.855088,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.228239,
        "energy": 46.98035,
        "activity_lines": [
          5.507139,
          5.446272,
          5.281629,
          5.272379
        ]
      },
      {
        "date": "2024-02-23",
        "close": 5.438333,
        "volume": 2051200,
        "typical_volume": 621690.0,
        "trend": 5.315276,
        "fair_value": 6.024839,
        "relative_strength": 3.339421,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.637462,
        "energy": 32.260656,
        "activity_lines": [
          5.491261,
          5.460707,
          5.30658,
          5.279293
        ]
      },
      {
        "date": "2024-03-01",
        "close": 5.358941,
        "volume": 645800,
        "typical_volume": 629210.0,
        "trend": 5.295428,
        "fair_value": 6.033533,
        "relative_strength": 3.978858,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.882215,
        "energy": 19.255979,
        "activity_lines": [
          5.446272,
          5.452046,
          5.322648,
          5.28211
        ]
      },
      {
        "date": "2024-03-08",
        "close": 5.358941,
        "volume": 878500,
        "typical_volume": 638725.0,
        "trend": 5.288812,
        "fair_value": 6.042226,
        "relative_strength": 2.477789,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 12.393706,
        "energy": 11.849288,
        "activity_lines": [
          5.406576,
          5.437611,
          5.337581,
          5.286208
        ]
      },
      {
        "date": "2024-03-15",
        "close": 5.517725,
        "volume": 456900,
        "typical_volume": 637800.0,
        "trend": 5.288812,
        "fair_value": 6.050842,
        "relative_strength": 5.461649,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.848963,
        "energy": 22.987563,
        "activity_lines": [
          5.43304,
          5.450603,
          5.365746,
          5.300977
        ]
      },
      {
        "date": "2024-03-22",
        "close": 5.478029,
        "volume": 381100,
        "typical_volume": 605050.0,
        "trend": 5.284842,
        "fair_value": 6.058983,
        "relative_strength": 4.972394,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.628483,
        "energy": 22.218636,
        "activity_lines": [
          5.446272,
          5.455655,
          5.387295,
          5.313184
        ]
      },
      {
        "date": "2024-03-29",
        "close": 5.478029,
        "volume": 238400,
        "typical_volume": 576685.0,
        "trend": 5.280873,
        "fair_value": 6.066467,
        "relative_strength": 5.072541,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.186147,
        "energy": 29.784407,
        "activity_lines": [
          5.462151,
          5.459264,
          5.40582,
          5.325648
        ]
      },
      {
        "date": "2024-04-05",
        "close": 5.517725,
        "volume": 368800,
        "typical_volume": 541360.0,
        "trend": 5.278226,
        "fair_value": 6.074424,
        "relative_strength": 5.861655,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.698905,
        "energy": 42.932167,
        "activity_lines": [
          5.488615,
          5.468646,
          5.425668,
          5.340929
        ]
      },
      {
        "date": "2024-04-12",
        "close": 5.517725,
        "volume": 305100,
        "typical_volume": 538405.0,
        "trend": 5.274257,
        "fair_value": 6.082381,
        "relative_strength": 4.158409,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.67159,
        "energy": 43.21516,
        "activity_lines": [
          5.504493,
          5.476586,
          5.44287,
          5.35638
        ]
      },
      {
        "date": "2024-04-19",
        "close": 5.478029,
        "volume": 152600,
        "typical_volume": 532580.0,
        "trend": 5.272933,
        "fair_value": 6.085917,
        "relative_strength": 8.199606,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.695003,
        "energy": 37.708021,
        "activity_lines": [
          5.496554,
          5.478029,
          5.453833,
          5.369527
        ]
      },
      {
        "date": "2024-04-26",
        "close": 5.478029,
        "volume": 605100,
        "typical_volume": 555310.0,
        "trend": 5.27161,
        "fair_value": 6.088137,
        "relative_strength": 5.883323,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.89543,
        "energy": 30.423946,
        "activity_lines": [
          5.491261,
          5.480194,
          5.462718,
          5.382759
        ]
      },
      {
        "date": "2024-05-03",
        "close": 5.520168,
        "volume": 700400,
        "typical_volume": 576285.0,
        "trend": 5.2836,
        "fair_value": 6.092481,
        "relative_strength": 5.800786,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.890291,
        "energy": 31.05285,
        "activity_lines": [
          5.500015,
          5.490743,
          5.473158,
          5.398795
        ]
      },
      {
        "date": "2024-05-10",
        "close": 5.520168,
        "volume": 229000,
        "typical_volume": 561000.0,
        "trend": 5.296914,
        "fair_value": 6.099373,
        "relative_strength": 5.658059,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.377261,
        "energy": 29.34676,
        "activity_lines": [
          5.505959,
          5.499804,
          5.48094,
          5.414057
        ]
      },
      {
        "date": "2024-05-17",
        "close": 5.309474,
        "volume": 471700,
        "typical_volume": 568785.0,
        "trend": 5.308497,
        "fair_value": 6.104914,
        "relative_strength": 0.919203,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 16.784436,
        "energy": 9.039756,
        "activity_lines": [
          5.441509,
          5.467625,
          5.466376,
          5.414868
        ]
      },
      {
        "date": "2024-05-24",
        "close": 5.309474,
        "volume": 296400,
        "typical_volume": 554190.0,
        "trend": 5.321403,
        "fair_value": 6.110687,
        "relative_strength": 2.344964,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -2.084377,
        "energy": 11.837944,
        "activity_lines": [
          5.390942,
          5.436346,
          5.45167,
          5.414931
        ]
      },
      {
        "date": "2024-05-31",
        "close": 5.267335,
        "volume": 189500,
        "typical_volume": 542490.0,
        "trend": 5.335551,
        "fair_value": 6.116421,
        "relative_strength": 3.006889,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -10.256113,
        "energy": 30.618142,
        "activity_lines": [
          5.337566,
          5.401191,
          5.433753,
          5.411442
        ]
      },
      {
        "date": "2024-06-07",
        "close": 5.098781,
        "volume": 323800,
        "typical_volume": 537145.0,
        "trend": 5.340111,
        "fair_value": 6.121307,
        "relative_strength": 0.757,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -44.876087,
        "energy": 64.51581,
        "activity_lines": [
          5.242052,
          5.339221,
          5.400408,
          5.396167
        ]
      },
      {
        "date": "2024-06-14",
        "close": 4.930226,
        "volume": 590900,
        "typical_volume": 547875.0,
        "trend": 5.339053,
        "fair_value": 6.124649,
        "relative_strength": -0.573379,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -62.186302,
        "energy": 80.392206,
        "activity_lines": [
          5.118445,
          5.2535,
          5.352439,
          5.369723
        ]
      },
      {
        "date": "2024-06-21",
        "close": 4.845948,
        "volume": 220900,
        "typical_volume": 512700.0,
        "trend": 5.333862,
        "fair_value": 6.126755,
        "relative_strength": -2.113761,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -62.967723,
        "energy": 85.417379,
        "activity_lines": [
          5.006075,
          5.163138,
          5.298862,
          5.337909
        ]
      },
      {
        "date": "2024-06-28",
        "close": 5.098781,
        "volume": 321100,
        "typical_volume": 508555.0,
        "trend": 5.335775,
        "fair_value": 6.130019,
        "relative_strength": 3.433098,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.787286,
        "energy": 82.296973,
        "activity_lines": [
          5.008885,
          5.130959,
          5.272753,
          5.322743
        ]
      },
      {
        "date": "2024-07-05",
        "close": 4.888087,
        "volume": 471200,
        "typical_volume": 494920.0,
        "trend": 5.333312,
        "fair_value": 6.132859,
        "relative_strength": -1.566796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.540937,
        "energy": 83.59454,
        "activity_lines": [
          4.955509,
          5.067368,
          5.228573,
          5.29386
        ]
      },
      {
        "date": "2024-07-12",
        "close": 4.930226,
        "volume": 215700,
        "typical_volume": 403145.0,
        "trend": 5.332253,
        "fair_value": 6.135738,
        "relative_strength": -2.115496,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.222562,
        "energy": 60.88121,
        "activity_lines": [
          4.941463,
          5.022165,
          5.191404,
          5.267854
        ]
      },
      {
        "date": "2024-07-19",
        "close": 4.80381,
        "volume": 142800,
        "typical_volume": 377995.0,
        "trend": 5.324335,
        "fair_value": 6.136879,
        "relative_strength": -3.438127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.221232,
        "energy": 61.00023,
        "activity_lines": [
          4.896515,
          4.964703,
          5.144616,
          5.233761
        ]
      },
      {
        "date": "2024-07-26",
        "close": 4.550978,
        "volume": 768200,
        "typical_volume": 372480.0,
        "trend": 5.300049,
        "fair_value": 6.137095,
        "relative_strength": -7.660335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.202303,
        "energy": 72.833913,
        "activity_lines": [
          4.775718,
          4.874296,
          5.076391,
          5.183867
        ]
      },
      {
        "date": "2024-08-02",
        "close": 4.424562,
        "volume": 222600,
        "typical_volume": 360765.0,
        "trend": 5.264933,
        "fair_value": 6.135805,
        "relative_strength": -10.388527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.703018,
        "energy": 86.851768,
        "activity_lines": [
          4.632446,
          4.774696,
          4.999974,
          5.127384
        ]
      },
      {
        "date": "2024-08-09",
        "close": 4.213868,
        "volume": 733100,
        "typical_volume": 378365.0,
        "trend": 5.225441,
        "fair_value": 6.134787,
        "relative_strength": -13.437941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.153802,
        "energy": 93.537238,
        "activity_lines": [
          4.463891,
          4.652877,
          4.908697,
          5.059573
        ]
      },
      {
        "date": "2024-08-16",
        "close": 4.593116,
        "volume": 372400,
        "typical_volume": 385065.0,
        "trend": 5.19859,
        "fair_value": 6.135504,
        "relative_strength": -6.025167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.379568,
        "energy": 82.325098,
        "activity_lines": [
          4.4667,
          4.619166,
          4.859559,
          5.018778
        ]
      },
      {
        "date": "2024-08-23",
        "close": 4.635255,
        "volume": 209400,
        "typical_volume": 377095.0,
        "trend": 5.171821,
        "fair_value": 6.135334,
        "relative_strength": -8.715951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.586657,
        "energy": 60.194667,
        "activity_lines": [
          4.50603,
          4.60231,
          4.818647,
          4.982434
        ]
      },
      {
        "date": "2024-08-30",
        "close": 4.635255,
        "volume": 331500,
        "typical_volume": 378415.0,
        "trend": 5.141082,
        "fair_value": 6.128213,
        "relative_strength": -8.916811,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.58029,
        "energy": 51.408922,
        "activity_lines": [
          4.556596,
          4.590818,
          4.781938,
          4.947817
        ]
      },
      {
        "date": "2024-09-06",
        "close": 4.761671,
        "volume": 760100,
        "typical_volume": 408790.0,
        "trend": 5.11588,
        "fair_value": 6.12422,
        "relative_strength": -10.797466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.306594,
        "energy": 31.157289,
        "activity_lines": [
          4.643683,
          4.606141,
          4.76147,
          4.923339
        ]
      },
      {
        "date": "2024-09-13",
        "close": 4.845948,
        "volume": 685400,
        "typical_volume": 412805.0,
        "trend": 5.093488,
        "fair_value": 6.111269,
        "relative_strength": -8.892829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.360402,
        "energy": 25.248624,
        "activity_lines": [
          4.736388,
          4.642917,
          4.752441,
          4.905924
        ]
      },
      {
        "date": "2024-09-20",
        "close": 5.014503,
        "volume": 197400,
        "typical_volume": 387655.0,
        "trend": 5.07936,
        "fair_value": 6.095228,
        "relative_strength": -7.415907,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.654876,
        "energy": 21.935911,
        "activity_lines": [
          4.843139,
          4.711105,
          4.762474,
          4.900828
        ]
      },
      {
        "date": "2024-09-27",
        "close": 4.972365,
        "volume": 420500,
        "typical_volume": 397230.0,
        "trend": 5.066474,
        "fair_value": 6.082393,
        "relative_strength": -7.94409,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.840804,
        "energy": 23.338101,
        "activity_lines": [
          4.907752,
          4.770099,
          4.770901,
          4.893925
        ]
      },
      {
        "date": "2024-10-04",
        "close": 5.014503,
        "volume": 11094700,
        "typical_volume": 928380.0,
        "trend": 5.054993,
        "fair_value": 6.070754,
        "relative_strength": -6.729111,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.304237,
        "energy": 24.946273,
        "activity_lines": [
          4.963937,
          4.83369,
          4.785951,
          4.890572
        ]
      },
      {
        "date": "2024-10-11",
        "close": 5.014503,
        "volume": 95500,
        "typical_volume": 918335.0,
        "trend": 5.038219,
        "fair_value": 6.058883,
        "relative_strength": -8.312926,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.821827,
        "energy": 25.942491,
        "activity_lines": [
          4.994838,
          4.888853,
          4.802405,
          4.88796
        ]
      },
      {
        "date": "2024-10-18",
        "close": 5.183058,
        "volume": 586600,
        "typical_volume": 938190.0,
        "trend": 5.028387,
        "fair_value": 6.046471,
        "relative_strength": -6.453043,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.66372,
        "energy": 46.885294,
        "activity_lines": [
          5.06507,
          4.963937,
          4.836317,
          4.897304
        ]
      },
      {
        "date": "2024-10-25",
        "close": 5.225196,
        "volume": 917400,
        "typical_volume": 967870.0,
        "trend": 5.019959,
        "fair_value": 6.027612,
        "relative_strength": -4.003531,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 39.510216,
        "energy": 60.202654,
        "activity_lines": [
          5.126873,
          5.02906,
          4.874643,
          4.910002
        ]
      },
      {
        "date": "2024-11-01",
        "close": 5.267335,
        "volume": 554900,
        "typical_volume": 966070.0,
        "trend": 5.011613,
        "fair_value": 6.009949,
        "relative_strength": -3.372066,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.768928,
        "energy": 58.059884,
        "activity_lines": [
          5.188676,
          5.090353,
          4.91638,
          4.925961
        ]
      },
      {
        "date": "2024-11-08",
        "close": 5.098781,
        "volume": 178200,
        "typical_volume": 963935.0,
        "trend": 4.997648,
        "fair_value": 5.989352,
        "relative_strength": -6.453984,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.059634,
        "energy": 50.860514,
        "activity_lines": [
          5.17463,
          5.109507,
          4.940459,
          4.931585
        ]
      },
      {
        "date": "2024-11-15",
        "close": 5.140919,
        "volume": 1471000,
        "typical_volume": 1021430.0,
        "trend": 4.986411,
        "fair_value": 5.971805,
        "relative_strength": -4.267703,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.358327,
        "energy": 40.71838,
        "activity_lines": [
          5.169012,
          5.127894,
          4.967348,
          4.940828
        ]
      },
      {
        "date": "2024-11-22",
        "close": 5.225196,
        "volume": 805400,
        "typical_volume": 1038140.0,
        "trend": 4.977983,
        "fair_value": 5.957579,
        "relative_strength": -2.962081,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.463936,
        "energy": 35.937673,
        "activity_lines": [
          5.183058,
          5.15471,
          5.002062,
          4.956234
        ]
      },
      {
        "date": "2024-11-29",
        "close": 5.309474,
        "volume": 933900,
        "typical_volume": 1074050.0,
        "trend": 4.97096,
        "fair_value": 5.945514,
        "relative_strength": -0.135694,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 68.293174,
        "energy": 45.265565,
        "activity_lines": [
          5.222387,
          5.189953,
          5.043197,
          4.97762
        ]
      },
      {
        "date": "2024-12-06",
        "close": 5.140919,
        "volume": 389100,
        "typical_volume": 1086365.0,
        "trend": 4.958318,
        "fair_value": 5.92982,
        "relative_strength": -4.906529,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.665459,
        "energy": 38.400158,
        "activity_lines": [
          5.199913,
          5.189187,
          5.066474,
          4.988586
        ]
      },
      {
        "date": "2024-12-13",
        "close": 5.014503,
        "volume": 864000,
        "typical_volume": 1091155.0,
        "trend": 4.948486,
        "fair_value": 5.916096,
        "relative_strength": -5.898964,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.992657,
        "energy": 27.070795,
        "activity_lines": [
          5.143728,
          5.162371,
          5.076106,
          4.99221
        ]
      },
      {
        "date": "2024-12-20",
        "close": 4.930226,
        "volume": 1476700,
        "typical_volume": 1153860.0,
        "trend": 4.935844,
        "fair_value": 5.900442,
        "relative_strength": -2.978486,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.748064,
        "energy": 15.614903,
        "activity_lines": [
          5.06507,
          5.120233,
          5.075504,
          4.991032
        ]
      },
      {
        "date": "2024-12-27",
        "close": 5.140919,
        "volume": 785700,
        "typical_volume": 1156490.0,
        "trend": 4.93163,
        "fair_value": 5.882896,
        "relative_strength": -1.428301,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.369588,
        "energy": 20.988379,
        "activity_lines": [
          5.070688,
          5.117934,
          5.09256,
          5.004263
        ]
      },
      {
        "date": "2025-01-03",
        "close": 5.056642,
        "volume": 891600,
        "typical_volume": 1182450.0,
        "trend": 4.930226,
        "fair_value": 5.865735,
        "relative_strength": -1.781248,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.305519,
        "energy": 18.917429,
        "activity_lines": [
          5.053833,
          5.101079,
          5.097175,
          5.012328
        ]
      },
      {
        "date": "2025-01-10",
        "close": 4.972365,
        "volume": 870800,
        "typical_volume": 1215520.0,
        "trend": 4.93163,
        "fair_value": 5.848498,
        "relative_strength": -2.140865,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.478048,
        "energy": 11.453156,
        "activity_lines": [
          5.02574,
          5.071965,
          5.091557,
          5.015047
        ]
      },
      {
        "date": "2025-01-17",
        "close": 4.80381,
        "volume": 554400,
        "typical_volume": 1226665.0,
        "trend": 4.930226,
        "fair_value": 5.830644,
        "relative_strength": -3.367737,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.802781,
        "energy": 12.837242,
        "activity_lines": [
          4.9527,
          5.017568,
          5.06828,
          5.0068
        ]
      },
      {
        "date": "2025-01-24",
        "close": 4.845948,
        "volume": 262400,
        "typical_volume": 1201780.0,
        "trend": 4.921798,
        "fair_value": 5.815376,
        "relative_strength": -3.288953,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -21.73287,
        "energy": 28.500888,
        "activity_lines": [
          4.907752,
          4.976195,
          5.048214,
          5.001363
        ]
      },
      {
        "date": "2025-01-31",
        "close": 4.930226,
        "volume": 633100,
        "typical_volume": 1199165.0,
        "trend": 4.923203,
        "fair_value": 5.799722,
        "relative_strength": 1.494443,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.322425,
        "energy": 32.344453,
        "activity_lines": [
          4.896515,
          4.955509,
          5.035773,
          5.001907
        ]
      },
      {
        "date": "2025-02-07",
        "close": 4.719532,
        "volume": 395900,
        "typical_volume": 1209090.0,
        "trend": 4.91618,
        "fair_value": 5.784339,
        "relative_strength": -0.234717,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.783836,
        "energy": 48.282197,
        "activity_lines": [
          4.829093,
          4.901878,
          5.002865,
          4.988767
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4.635255,
        "volume": 625700,
        "typical_volume": 1219350.0,
        "trend": 4.910561,
        "fair_value": 5.767721,
        "relative_strength": -1.073261,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.658123,
        "energy": 56.747084,
        "activity_lines": [
          4.756052,
          4.84365,
          4.963335,
          4.970643
        ]
      },
      {
        "date": "2025-02-21",
        "close": 4.845948,
        "volume": 1073200,
        "typical_volume": 718275.0,
        "trend": 4.920393,
        "fair_value": 5.754769,
        "relative_strength": 5.572651,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.473886,
        "energy": 41.166103,
        "activity_lines": [
          4.775717,
          4.832924,
          4.945476,
          4.966474
        ]
      },
      {
        "date": "2025-02-28",
        "close": 5.140919,
        "volume": 1706300,
        "typical_volume": 798815.0,
        "trend": 4.944272,
        "fair_value": 5.745562,
        "relative_strength": 15.739639,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 3.611936,
        "energy": 10.963432,
        "activity_lines": [
          4.890896,
          4.878893,
          4.956512,
          4.980702
        ]
      },
      {
        "date": "2025-03-07",
        "close": 5.014503,
        "volume": 481300,
        "typical_volume": 793550.0,
        "trend": 4.97096,
        "fair_value": 5.735545,
        "relative_strength": 12.872074,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.270535,
        "energy": 5.49019,
        "activity_lines": [
          4.944272,
          4.898047,
          4.954907,
          4.985233
        ]
      },
      {
        "date": "2025-03-14",
        "close": 5.014503,
        "volume": 683700,
        "typical_volume": 781865.0,
        "trend": 4.985006,
        "fair_value": 5.723674,
        "relative_strength": 15.415698,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.518715,
        "energy": 15.893401,
        "activity_lines": [
          4.992029,
          4.919499,
          4.954104,
          4.988042
        ]
      },
      {
        "date": "2025-03-21",
        "close": 5.056642,
        "volume": 916500,
        "typical_volume": 799945.0,
        "trend": 4.999052,
        "fair_value": 5.710452,
        "relative_strength": 14.949161,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.249103,
        "energy": 18.52514,
        "activity_lines": [
          5.034168,
          4.94938,
          4.958318,
          4.992663
        ]
      },
      {
        "date": "2025-03-28",
        "close": 5.014503,
        "volume": 411000,
        "typical_volume": 811585.0,
        "trend": 5.011694,
        "fair_value": 5.693948,
        "relative_strength": 14.900355,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.031066,
        "energy": 16.671043,
        "activity_lines": [
          5.034168,
          4.970066,
          4.959522,
          4.99366
        ]
      },
      {
        "date": "2025-04-04",
        "close": 4.80381,
        "volume": 1422000,
        "typical_volume": 809135.0,
        "trend": 5.013098,
        "fair_value": 5.678642,
        "relative_strength": 14.833809,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.417312,
        "energy": 13.57522,
        "activity_lines": [
          4.9527,
          4.948614,
          4.941061,
          4.980248
        ]
      },
      {
        "date": "2025-04-11",
        "close": 4.888087,
        "volume": 1007300,
        "typical_volume": 819230.0,
        "trend": 5.014503,
        "fair_value": 5.665266,
        "relative_strength": 16.263064,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.869131,
        "energy": 16.784573,
        "activity_lines": [
          4.921798,
          4.94325,
          4.932232,
          4.972183
        ]
      },
      {
        "date": "2025-04-18",
        "close": 5.056642,
        "volume": 259600,
        "typical_volume": 785515.0,
        "trend": 5.015908,
        "fair_value": 5.650886,
        "relative_strength": 17.772,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.441303,
        "energy": 11.094932,
        "activity_lines": [
          4.955509,
          4.9693,
          4.941061,
          4.974902
        ]
      },
      {
        "date": "2025-04-25",
        "close": 5.014503,
        "volume": 1240500,
        "typical_volume": 828085.0,
        "trend": 5.017312,
        "fair_value": 5.637162,
        "relative_strength": 15.801213,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.751209,
        "energy": 12.18142,
        "activity_lines": [
          4.972364,
          4.981558,
          4.947081,
          4.974811
        ]
      },
      {
        "date": "2025-05-02",
        "close": 5.098781,
        "volume": 2157700,
        "typical_volume": 892770.0,
        "trend": 5.020122,
        "fair_value": 5.62422,
        "relative_strength": 13.690657,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.975561,
        "energy": 18.226124,
        "activity_lines": [
          5.020122,
          5.002245,
          4.961729,
          4.980067
        ]
      },
      {
        "date": "2025-05-09",
        "close": 5.052845,
        "volume": 306500,
        "typical_volume": 834260.0,
        "trend": 5.0214,
        "fair_value": 5.615087,
        "relative_strength": 11.468288,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.851873,
        "energy": 24.336214,
        "activity_lines": [
          5.046949,
          5.009982,
          4.971602,
          4.982178
        ]
      },
      {
        "date": "2025-05-16",
        "close": 5.144715,
        "volume": 298300,
        "typical_volume": 809890.0,
        "trend": 5.020122,
        "fair_value": 5.602922,
        "relative_strength": 14.662417,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.648784,
        "energy": 37.504156,
        "activity_lines": [
          5.087796,
          5.036024,
          4.989639,
          4.990134
        ]
      },
      {
        "date": "2025-05-23",
        "close": 4.960976,
        "volume": 759100,
        "typical_volume": 803265.0,
        "trend": 5.011314,
        "fair_value": 5.589821,
        "relative_strength": 12.204238,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.403865,
        "energy": 25.580574,
        "activity_lines": [
          5.050289,
          5.026292,
          4.99016,
          4.986318
        ]
      },
      {
        "date": "2025-05-30",
        "close": 5.098781,
        "volume": 574800,
        "typical_volume": 788465.0,
        "trend": 5.005696,
        "fair_value": 5.57543,
        "relative_strength": 17.733756,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.197877,
        "energy": 26.516295,
        "activity_lines": [
          5.065095,
          5.042589,
          5.00426,
          4.991961
        ]
      },
      {
        "date": "2025-06-06",
        "close": 5.00691,
        "volume": 79800,
        "typical_volume": 764735.0,
        "trend": 5.002633,
        "fair_value": 5.561657,
        "relative_strength": 16.564481,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.037788,
        "energy": 12.79449,
        "activity_lines": [
          5.043658,
          5.041415,
          5.009009,
          4.99204
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4.960976,
        "volume": 135300,
        "typical_volume": 758380.0,
        "trend": 4.996635,
        "fair_value": 5.551936,
        "relative_strength": 16.524952,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.591288,
        "energy": 5.638593,
        "activity_lines": [
          5.013035,
          5.032028,
          5.008416,
          4.989352
        ]
      },
      {
        "date": "2025-06-20",
        "close": 4.869106,
        "volume": 326000,
        "typical_volume": 743025.0,
        "trend": 4.984766,
        "fair_value": 5.541384,
        "relative_strength": 19.749328,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -17.048679,
        "energy": 13.452876,
        "activity_lines": [
          4.957913,
          5.00308,
          4.998526,
          4.981124
        ]
      },
      {
        "date": "2025-06-27",
        "close": 4.823171,
        "volume": 415200,
        "typical_volume": 743990.0,
        "trend": 4.968556,
        "fair_value": 5.52764,
        "relative_strength": 16.68262,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -23.999344,
        "energy": 23.170996,
        "activity_lines": [
          4.905854,
          4.966125,
          4.984552,
          4.970699
        ]
      },
      {
        "date": "2025-07-04",
        "close": 4.960976,
        "volume": 373600,
        "typical_volume": 731385.0,
        "trend": 4.962557,
        "fair_value": 5.516229,
        "relative_strength": 15.585898,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.85372,
        "energy": 22.518073,
        "activity_lines": [
          4.908916,
          4.95847,
          4.983209,
          4.97021
        ]
      },
      {
        "date": "2025-07-11",
        "close": 5.00691,
        "volume": 301000,
        "typical_volume": 692775.0,
        "trend": 4.962304,
        "fair_value": 5.506077,
        "relative_strength": 16.086838,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -6.680942,
        "energy": 14.504258,
        "activity_lines": [
          4.936477,
          4.96014,
          4.98469,
          4.973071
        ]
      },
      {
        "date": "2025-07-18",
        "close": 5.00691,
        "volume": 483300,
        "typical_volume": 631625.0,
        "trend": 4.96486,
        "fair_value": 5.495443,
        "relative_strength": 7.595294,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.837322,
        "energy": 6.390116,
        "activity_lines": [
          4.964038,
          4.963481,
          4.985404,
          4.975949
        ]
      },
      {
        "date": "2025-07-25",
        "close": 5.00691,
        "volume": 368100,
        "typical_volume": 625965.0,
        "trend": 4.960393,
        "fair_value": 5.483602,
        "relative_strength": 6.325739,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 32.592882,
        "energy": 16.830793,
        "activity_lines": [
          4.988536,
          4.967657,
          4.986756,
          4.978662
        ]
      },
      {
        "date": "2025-08-01",
        "close": 5.052845,
        "volume": 343200,
        "typical_volume": 608940.0,
        "trend": 4.960267,
        "fair_value": 5.469882,
        "relative_strength": 6.78447,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 40.485513,
        "energy": 23.034893,
        "activity_lines": [
          5.019159,
          4.98269,
          4.992519,
          4.984627
        ]
      },
      {
        "date": "2025-08-08",
        "close": 5.00691,
        "volume": 719500,
        "typical_volume": 599090.0,
        "trend": 4.961418,
        "fair_value": 5.458524,
        "relative_strength": 2.022153,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 36.310361,
        "energy": 19.862919,
        "activity_lines": [
          5.019159,
          4.987701,
          4.993725,
          4.987636
        ]
      },
      {
        "date": "2025-08-15",
        "close": 4.869106,
        "volume": 427200,
        "typical_volume": 599900.0,
        "trend": 4.963595,
        "fair_value": 5.446523,
        "relative_strength": -0.980006,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 17.746899,
        "energy": 7.404338,
        "activity_lines": [
          4.970162,
          4.969327,
          4.982043,
          4.98168
        ]
      },
      {
        "date": "2025-08-22",
        "close": 4.731301,
        "volume": 852700,
        "typical_volume": 571435.0,
        "trend": 4.959773,
        "fair_value": 5.431467,
        "relative_strength": -3.48766,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -33.144837,
        "energy": 33.893096,
        "activity_lines": [
          4.884417,
          4.928403,
          4.957929,
          4.966694
        ]
      },
      {
        "date": "2025-08-29",
        "close": 4.823171,
        "volume": 207000,
        "typical_volume": 531420.0,
        "trend": 4.956205,
        "fair_value": 5.417482,
        "relative_strength": -0.518124,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -26.122286,
        "energy": 40.485393,
        "activity_lines": [
          4.847669,
          4.908359,
          4.942911,
          4.957881
        ]
      },
      {
        "date": "2025-09-05",
        "close": 4.869106,
        "volume": 252200,
        "typical_volume": 531050.0,
        "trend": 4.961191,
        "fair_value": 5.400412,
        "relative_strength": -2.056168,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -52.436247,
        "energy": 53.577941,
        "activity_lines": [
          4.838483,
          4.897502,
          4.932576,
          4.952261
        ]
      },
      {
        "date": "2025-09-12",
        "close": 4.869106,
        "volume": 237800,
        "typical_volume": 480915.0,
        "trend": 4.968986,
        "fair_value": 5.384549,
        "relative_strength": -4.407435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.382816,
        "energy": 51.627316,
        "activity_lines": [
          4.841545,
          4.885809,
          4.923134,
          4.94632
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4.777236,
        "volume": 416300,
        "typical_volume": 393845.0,
        "trend": 4.966695,
        "fair_value": 5.372201,
        "relative_strength": -6.256223,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.634086,
        "energy": 41.96102,
        "activity_lines": [
          4.823171,
          4.859084,
          4.905635,
          4.933949
        ]
      },
      {
        "date": "2025-09-26",
        "close": 4.869106,
        "volume": 356900,
        "typical_volume": 396365.0,
        "trend": 4.957635,
        "fair_value": 5.362132,
        "relative_strength": -3.587078,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.250595,
        "energy": 27.56773,
        "activity_lines": [
          4.841545,
          4.853237,
          4.898417,
          4.927653
        ]
      },
      {
        "date": "2025-10-03",
        "close": 4.777236,
        "volume": 343800,
        "typical_volume": 398640.0,
        "trend": 4.949726,
        "fair_value": 5.351474,
        "relative_strength": -6.594015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.412464,
        "energy": 33.002084,
        "activity_lines": [
          4.820109,
          4.833193,
          4.883324,
          4.916015
        ]
      },
      {
        "date": "2025-10-10",
        "close": 4.777236,
        "volume": 182500,
        "typical_volume": 369810.0,
        "trend": 4.941817,
        "fair_value": 5.341782,
        "relative_strength": -6.250072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.105044,
        "energy": 37.533874,
        "activity_lines": [
          4.801735,
          4.817325,
          4.869981,
          4.904886
        ]
      },
      {
        "date": "2025-10-17",
        "close": 4.731301,
        "volume": 311000,
        "typical_volume": 356620.0,
        "trend": 4.930972,
        "fair_value": 5.331312,
        "relative_strength": -6.35639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.485315,
        "energy": 41.729557,
        "activity_lines": [
          4.774174,
          4.798116,
          4.853138,
          4.891305
        ]
      },
      {
        "date": "2025-10-24",
        "close": 4.685366,
        "volume": 308600,
        "typical_volume": 368060.0,
        "trend": 4.920001,
        "fair_value": 5.320548,
        "relative_strength": -10.037317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.752042,
        "energy": 57.483276,
        "activity_lines": [
          4.740488,
          4.775566,
          4.83367,
          4.875459
        ]
      },
      {
        "date": "2025-10-31",
        "close": 4.685366,
        "volume": 850500,
        "typical_volume": 403820.0,
        "trend": 4.916053,
        "fair_value": 5.309784,
        "relative_strength": -9.725804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.596876,
        "energy": 58.153994,
        "activity_lines": [
          4.712927,
          4.756356,
          4.815734,
          4.860321
        ]
      },
      {
        "date": "2025-11-07",
        "close": 4.639431,
        "volume": 566700,
        "typical_volume": 415855.0,
        "trend": 4.907764,
        "fair_value": 5.299932,
        "relative_strength": -10.19345,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.265468,
        "energy": 64.701314,
        "activity_lines": [
          4.682304,
          4.729631,
          4.794735,
          4.842475
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4.685366,
        "volume": 210600,
        "typical_volume": 405625.0,
        "trend": 4.895389,
        "fair_value": 5.292789,
        "relative_strength": -6.957484,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.463479,
        "energy": 58.464984,
        "activity_lines": [
          4.676179,
          4.714597,
          4.779205,
          4.828126
        ]
      },
      {
        "date": "2025-11-21",
        "close": 4.593496,
        "volume": 449800,
        "typical_volume": 409435.0,
        "trend": 4.881355,
        "fair_value": 5.282643,
        "relative_strength": -7.723215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.759475,
        "energy": 67.059351,
        "activity_lines": [
          4.645556,
          4.686201,
          4.755581,
          4.808649
        ]
      },
      {
        "date": "2025-11-28",
        "close": 4.639431,
        "volume": 479700,
        "typical_volume": 418370.0,
        "trend": 4.866043,
        "fair_value": 5.272068,
        "relative_strength": -6.95786,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.282429,
        "energy": 57.619435,
        "activity_lines": [
          4.639431,
          4.671168,
          4.738082,
          4.793041
        ]
      },
      {
        "date": "2025-12-05",
        "close": 4.593496,
        "volume": 1327400,
        "typical_volume": 460575.0,
        "trend": 4.850732,
        "fair_value": 5.262646,
        "relative_strength": -9.14319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.673997,
        "energy": 51.07012,
        "activity_lines": [
          4.621057,
          4.650288,
          4.717958,
          4.775458
        ]
      },
      {
        "date": "2025-12-12",
        "close": 4.593496,
        "volume": 333300,
        "typical_volume": 458835.0,
        "trend": 4.832358,
        "fair_value": 5.254431,
        "relative_strength": -7.789722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.218937,
        "energy": 54.436967,
        "activity_lines": [
          4.608808,
          4.63442,
          4.699803,
          4.758862
        ]
      },
      {
        "date": "2025-12-19",
        "close": 4.593496,
        "volume": 504000,
        "typical_volume": 466875.0,
        "trend": 4.820108,
        "fair_value": 5.245734,
        "relative_strength": -7.674398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.609391,
        "energy": 49.563004,
        "activity_lines": [
          4.599621,
          4.621892,
          4.683616,
          4.743451
        ]
      },
      {
        "date": "2025-12-26",
        "close": 4.685366,
        "volume": 716900,
        "typical_volume": 466745.0,
        "trend": 4.806328,
        "fair_value": 5.237384,
        "relative_strength": -6.379655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.892663,
        "energy": 39.739548,
        "activity_lines": [
          4.627182,
          4.629409,
          4.678366,
          4.734758
        ]
      },
      {
        "date": "2026-01-02",
        "close": 4.731301,
        "volume": 62100,
        "typical_volume": 448490.0,
        "trend": 4.797141,
        "fair_value": 5.228845,
        "relative_strength": -5.541025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.264545,
        "energy": 23.338757,
        "activity_lines": [
          4.66393,
          4.646112,
          4.679023,
          4.729918
        ]
      },
      {
        "date": "2026-01-09",
        "close": 4.823171,
        "volume": 292700,
        "typical_volume": 420490.0,
        "trend": 4.792548,
        "fair_value": 5.220896,
        "relative_strength": -3.377086,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.436418,
        "energy": 14.764278,
        "activity_lines": [
          4.725176,
          4.678685,
          4.689085,
          4.731597
        ]
      },
      {
        "date": "2026-01-16",
        "close": 4.777236,
        "volume": 364100,
        "typical_volume": 428345.0,
        "trend": 4.789485,
        "fair_value": 5.211686,
        "relative_strength": -5.984619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -3.621278,
        "energy": 19.07758,
        "activity_lines": [
          4.7558,
          4.700399,
          4.694334,
          4.730609
        ]
      },
      {
        "date": "2026-01-23",
        "close": 4.777236,
        "volume": 552000,
        "typical_volume": 443335.0,
        "trend": 4.787954,
        "fair_value": 5.203201,
        "relative_strength": -8.78374,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.877634,
        "energy": 20.358158,
        "activity_lines": [
          4.774174,
          4.719608,
          4.699803,
          4.729819
        ]
      },
      {
        "date": "2026-01-30",
        "close": 4.869106,
        "volume": 530100,
        "typical_volume": 457950.0,
        "trend": 4.784892,
        "fair_value": 5.195304,
        "relative_strength": -7.782654,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.940993,
        "energy": 38.166092,
        "activity_lines": [
          4.810922,
          4.753851,
          4.714458,
          4.735055
        ]
      },
      {
        "date": "2026-02-06",
        "close": 4.869106,
        "volume": 1428000,
        "typical_volume": 508535.0,
        "trend": 4.780298,
        "fair_value": 5.187408,
        "relative_strength": -9.679115,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.632623,
        "energy": 49.518746,
        "activity_lines": [
          4.83542,
          4.783082,
          4.729114,
          4.740488
        ]
      },
      {
        "date": "2026-02-13",
        "close": 4.960976,
        "volume": 746900,
        "typical_volume": 528035.0,
        "trend": 4.778767,
        "fair_value": 5.18179,
        "relative_strength": -12.816191,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 42.171672,
        "energy": 58.245694,
        "activity_lines": [
          4.881355,
          4.824841,
          4.752081,
          4.752145
        ]
      },
      {
        "date": "2026-02-20",
        "close": 5.19065,
        "volume": 700900,
        "typical_volume": 545890.0,
        "trend": 4.784892,
        "fair_value": 5.176438,
        "relative_strength": -11.656552,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 64.926317,
        "energy": 77.717379,
        "activity_lines": [
          4.994661,
          4.901678,
          4.796485,
          4.778718
        ]
      },
      {
        "date": "2026-02-27",
        "close": 5.420325,
        "volume": 2138000,
        "typical_volume": 643665.0,
        "trend": 4.797141,
        "fair_value": 5.173523,
        "relative_strength": -10.363881,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 95.869991,
        "energy": 96.985168,
        "activity_lines": [
          5.156965,
          5.009416,
          4.860794,
          4.819713
        ]
      },
      {
        "date": "2026-03-06",
        "close": 5.19065,
        "volume": 1399000,
        "typical_volume": 698065.0,
        "trend": 4.803266,
        "fair_value": 5.168654,
        "relative_strength": -6.764349,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.663711,
        "energy": 87.257017,
        "activity_lines": [
          5.199837,
          5.060362,
          4.900167,
          4.845101
        ]
      },
      {
        "date": "2026-03-13",
        "close": 5.37439,
        "volume": 567400,
        "typical_volume": 711005.0,
        "trend": 4.820109,
        "fair_value": 5.164721,
        "relative_strength": -3.177691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.697382,
        "energy": 91.374863,
        "activity_lines": [
          5.28252,
          5.135528,
          4.954851,
          4.881948
        ]
      },
      {
        "date": "2026-03-20",
        "close": 5.420325,
        "volume": 324300,
        "typical_volume": 684695.0,
        "trend": 4.843076,
        "fair_value": 5.161082,
        "relative_strength": -3.735984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.518982,
        "energy": 89.528194,
        "activity_lines": [
          5.346829,
          5.207354,
          5.010629,
          4.920671
        ]
      },
      {
        "date": "2026-03-27",
        "close": 5.512195,
        "volume": 717900,
        "typical_volume": 692255.0,
        "trend": 4.866043,
        "fair_value": 5.158032,
        "relative_strength": -2.838375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.010265,
        "energy": 70.193048,
        "activity_lines": [
          5.411138,
          5.285026,
          5.071657,
          4.96384
        ]
      },
      {
        "date": "2026-04-03",
        "close": 5.512195,
        "volume": 672400,
        "typical_volume": 715345.0,
        "trend": 4.88748,
        "fair_value": 5.155706,
        "relative_strength": -3.075446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.957391,
        "energy": 68.024657,
        "activity_lines": [
          5.454011,
          5.349335,
          5.128529,
          5.005528
        ]
      },
      {
        "date": "2026-04-10",
        "close": 5.55813,
        "volume": 368600,
        "typical_volume": 711285.0,
        "trend": 4.910447,
        "fair_value": 5.153434,
        "relative_strength": -5.396148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.513822,
        "energy": 71.797125,
        "activity_lines": [
          5.50607,
          5.408633,
          5.185838,
          5.048795
        ]
      },
      {
        "date": "2026-04-17",
        "close": 5.512195,
        "volume": 184600,
        "typical_volume": 696530.0,
        "trend": 4.934946,
        "fair_value": 5.15135,
        "relative_strength": -4.315763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.738522,
        "energy": 64.984193,
        "activity_lines": [
          5.51832,
          5.447051,
          5.234179,
          5.087618
        ]
      },
      {
        "date": "2026-04-24",
        "close": 5.512195,
        "volume": 682700,
        "typical_volume": 664295.0,
        "trend": 4.956382,
        "fair_value": 5.149024,
        "relative_strength": -2.322734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.463947,
        "energy": 61.394182,
        "activity_lines": [
          5.521382,
          5.473777,
          5.278364,
          5.12486
        ]
      },
      {
        "date": "2026-05-01",
        "close": 5.604065,
        "volume": 786400,
        "typical_volume": 686950.0,
        "trend": 4.983943,
        "fair_value": 5.147542,
        "relative_strength": -2.952731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.525421,
        "energy": 60.932249,
        "activity_lines": [
          5.548943,
          5.507184,
          5.326924,
          5.166646
        ]
      },
      {
        "date": "2026-05-08",
        "close": 5.65,
        "volume": 2673100,
        "typical_volume": 795405.0,
        "trend": 5.013035,
        "fair_value": 5.143301,
        "relative_strength": -2.394673,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.013429,
        "energy": 59.76246,
        "activity_lines": [
          5.585691,
          5.541426,
          5.375046,
          5.209617
        ]
      },
      {
        "date": "2026-05-15",
        "close": 5.6,
        "volume": 1334500,
        "typical_volume": 826285.0,
        "trend": 5.041992,
        "fair_value": 5.140266,
        "relative_strength": -4.086299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.119353,
        "energy": 55.477837,
        "activity_lines": [
          5.596585,
          5.562402,
          5.413376,
          5.247486
        ]
      },
      {
        "date": "2026-05-22",
        "close": 5.55,
        "volume": 1102400,
        "typical_volume": 878300.0,
        "trend": 5.070813,
        "fair_value": 5.136147,
        "relative_strength": -5.935754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.108023,
        "energy": 54.04849,
        "activity_lines": [
          5.588022,
          5.566844,
          5.442588,
          5.28026
        ]
      },
      {
        "date": "2026-05-29",
        "close": 5.75,
        "volume": 1910400,
        "typical_volume": 959185.0,
        "trend": 5.106301,
        "fair_value": 5.133564,
        "relative_strength": -4.020571,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.657934,
        "energy": 57.621291,
        "activity_lines": [
          5.643604,
          5.604457,
          5.486949,
          5.324079
        ]
      },
      {
        "date": "2026-06-05",
        "close": 5.9,
        "volume": 170600,
        "typical_volume": 949510.0,
        "trend": 5.14832,
        "fair_value": 5.131689,
        "relative_strength": -2.068103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.993241,
        "energy": 64.419452,
        "activity_lines": [
          5.733333,
          5.663348,
          5.541183,
          5.375285
        ]
      },
      {
        "date": "2026-06-12",
        "close": 5.8,
        "volume": 65300,
        "typical_volume": 925175.0,
        "trend": 5.185474,
        "fair_value": 5.13019,
        "relative_strength": -3.944249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.802361,
        "energy": 71.414618,
        "activity_lines": [
          5.77,
          5.697007,
          5.580546,
          5.417329
        ]
      },
      {
        "date": "2026-06-19",
        "close": 5.8,
        "volume": 94900,
        "typical_volume": 903415.0,
        "trend": 5.225691,
        "fair_value": 5.128692,
        "relative_strength": -2.295822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.073942,
        "energy": 65.601419,
        "activity_lines": [
          5.796667,
          5.725432,
          5.615039,
          5.456976
        ]
      },
      {
        "date": "2026-06-26",
        "close": 5.8,
        "volume": 43500,
        "typical_volume": 834190.0,
        "trend": 5.264377,
        "fair_value": 5.127957,
        "relative_strength": -0.031109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.477002,
        "energy": 72.36321,
        "activity_lines": [
          5.81,
          5.74946,
          5.645099,
          5.494028
        ]
      },
      {
        "date": "2026-07-03",
        "close": 5.8,
        "volume": 167100,
        "typical_volume": 805200.0,
        "trend": 5.304594,
        "fair_value": 5.127476,
        "relative_strength": -3.900572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.846572,
        "energy": 55.978161,
        "activity_lines": [
          5.806667,
          5.768256,
          5.670726,
          5.528585
        ]
      },
      {
        "date": "2026-07-10",
        "close": 5.85,
        "volume": 732400,
        "typical_volume": 806775.0,
        "trend": 5.346477,
        "fair_value": 5.127061,
        "relative_strength": -3.25973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.314944,
        "energy": 55.098911,
        "activity_lines": [
          5.816667,
          5.790909,
          5.69712,
          5.563772
        ]
      },
      {
        "date": "2026-07-17",
        "close": 6.1,
        "volume": 1842600,
        "typical_volume": 792005.0,
        "trend": 5.396694,
        "fair_value": 5.128249,
        "relative_strength": 0.018792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.867265,
        "energy": 62.869898,
        "activity_lines": [
          5.913333,
          5.854545,
          5.744183,
          5.612387
        ]
      },
      {
        "date": "2026-07-24",
        "close": 6.05,
        "volume": 1412900,
        "typical_volume": 792700.0,
        "trend": 5.442182,
        "fair_value": 5.129117,
        "relative_strength": -0.860452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.252136,
        "energy": 60.406037,
        "activity_lines": [
          5.973333,
          5.900909,
          5.783248,
          5.654535
        ]
      },
      {
        "date": "2026-07-31",
        "close": 6.05,
        "volume": 456700,
        "typical_volume": 787165.0,
        "trend": 5.486138,
        "fair_value": 5.12973,
        "relative_strength": 0.480057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.885063,
        "energy": 62.553628,
        "activity_lines": [
          6.016667,
          5.939091,
          5.818221,
          5.693749
        ]
      },
      {
        "date": "2026-08-07",
        "close": 6.05,
        "volume": 549200,
        "typical_volume": 798410.0,
        "trend": 5.527033,
        "fair_value": 5.132887,
        "relative_strength": 1.280832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.652478,
        "energy": 64.927374,
        "activity_lines": [
          6.043333,
          5.968182,
          5.849977,
          5.730128
        ]
      }
    ],
    "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."
    }
  }
}