{
  "ticker": {
    "uuid": "d7678de8-78b5-4c00-b3ae-05051c49c277",
    "symbol": "IBAC",
    "name": "IB Acquisition Corp. Common Stock",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 53.727,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 52.002,
    "architecture_energy": 26.246,
    "architecture_maturity": 51.137,
    "architecture_confidence": 75.661,
    "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": 31.82,
        "rotation_up": 50.9,
        "upward_expansion": 77.35,
        "deceleration": 54.17,
        "rotation_down": 19.11,
        "downward_expansion": 1.68
      },
      "activity_lines": [
        10.805333,
        10.796545,
        10.788,
        10.771138
      ],
      "activity_state": "Compressed",
      "activity_direction": "Stable",
      "rotation_direction": "Stable",
      "price_acceptance": 0.833333
    },
    "latest_close": 10.82,
    "trend_reference": 10.731163,
    "distance_from_trend": 0.008278,
    "trend_direction": "Improving",
    "fair_value": 10.3726,
    "distance_from_fair_value": 0.043133,
    "fair_value_direction": "Weakening",
    "relative_strength": -11.121555,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.024621,
    "excess_performance": -0.162832,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.008278,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.010262,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.043133,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.006061,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.111216,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.036984,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.024621,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.566585,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2376,
      "relative_activity": 0.065462,
      "balance": 1.566585,
      "dry_up": 0.06653,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.010237,
      "annualized_volatility": 0.029908,
      "from_high_reference": -0.055022,
      "from_low_reference": 0.061825
    },
    "levels": {
      "trend_reference": 10.731163,
      "fair_value_reference": 10.3726,
      "structural_low": 10.19,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.001158,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.010569,
        "regime_survival": 1.0,
        "best_return": 0.008419,
        "worst_return": -0.001855,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.009355,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.169409,
        "regime_survival": 1.0,
        "best_return": 0.009355,
        "worst_return": 0.009355,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-07",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": 0.007663,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-23",
        "end": "2026-02-13",
        "tenure": "New",
        "return": 0.013321,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-20",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.012161,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-05-03",
        "close": 9.94,
        "volume": 725556,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 9.99,
        "volume": 229033,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 9.975,
        "volume": 349296,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 9.96,
        "volume": 19789,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 9.97,
        "volume": 1094446,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 9.97,
        "volume": 309030,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 9.97,
        "volume": 241716,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 9.965,
        "volume": 81235,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 9.97,
        "volume": 635353,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 9.97,
        "volume": 505595,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 9.97,
        "volume": 2768776,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 10.0,
        "volume": 695378,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 9.99,
        "volume": 142172,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 9.99,
        "volume": 83540,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 10.04,
        "volume": 98308,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 10.01,
        "volume": 58565,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 10.02,
        "volume": 50443,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 10.02,
        "volume": 25845,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 10.0198,
        "volume": 52758,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 9.98,
        "volume": 33772,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 10.02,
        "volume": 31641,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 10.0101,
        "volume": 282280,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 10.03,
        "volume": 12220,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 10.01,
        "volume": 55068,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 10.025,
        "volume": 163077,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 10.04,
        "volume": 479114,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 10.09,
        "volume": 116091,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 10.08,
        "volume": 134278,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 10.085,
        "volume": 166080,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 10.06,
        "volume": 55590,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 10.05,
        "volume": 9721,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 10.11,
        "volume": 227465,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 10.125,
        "volume": 82197,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 10.12,
        "volume": 449194,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 10.12,
        "volume": 63779,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 10.1301,
        "volume": 816522,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 10.15,
        "volume": 39162,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 10.18,
        "volume": 510121,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 10.215,
        "volume": 86671,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 10.24,
        "volume": 30996,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 10.23,
        "volume": 18938,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 10.21,
        "volume": 16368,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 10.21,
        "volume": 5323,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 10.26,
        "volume": 184463,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 10.3,
        "volume": 44062,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 10.33,
        "volume": 28021,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 10.3,
        "volume": 11470,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 10.29,
        "volume": 7522,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 10.33,
        "volume": 367588,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 10.35,
        "volume": 22000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 10.34,
        "volume": 10581,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 10.36,
        "volume": 15305,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 10.36,
        "volume": 86674,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 10.36,
        "volume": 427,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 10.4,
        "volume": 31261,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 10.4245,
        "volume": 19199,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 10.44,
        "volume": 359383,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 10.42,
        "volume": 160,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 10.43,
        "volume": 3937,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 10.44,
        "volume": 25506,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 10.47,
        "volume": 11392,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 10.46,
        "volume": 1581,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 10.45,
        "volume": 13297,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-18",
        "close": 10.46,
        "volume": 2340,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-25",
        "close": 10.47,
        "volume": 7016,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-01",
        "close": 10.48,
        "volume": 2575,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-08",
        "close": 10.49,
        "volume": 2757,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-15",
        "close": 10.48,
        "volume": 6118,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-22",
        "close": 10.51,
        "volume": 100324,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-29",
        "close": 10.54,
        "volume": 6038,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-05",
        "close": 10.56,
        "volume": 532031,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-12",
        "close": 10.58,
        "volume": 756748,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-19",
        "close": 10.57,
        "volume": 383799,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-26",
        "close": 10.55,
        "volume": 10009,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-03",
        "close": 10.5,
        "volume": 246508,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-10",
        "close": 10.44,
        "volume": 452578,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-17",
        "close": 10.48,
        "volume": 51935,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-24",
        "close": 10.45,
        "volume": 17346,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-31",
        "close": 10.43,
        "volume": 13650,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-07",
        "close": 10.44,
        "volume": 5510,
        "typical_volume": 131177.6,
        "trend": 10.459483,
        "fair_value": 10.227556,
        "relative_strength": -12.456457,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -14.196234,
        "energy": 15.479531,
        "activity_lines": [
          10.444667,
          10.472727,
          10.49081,
          10.481735
        ]
      },
      {
        "date": "2025-11-14",
        "close": 10.45,
        "volume": 64670,
        "typical_volume": 133841.5,
        "trend": 10.46315,
        "fair_value": 10.230302,
        "relative_strength": -11.964253,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -13.503926,
        "energy": 16.769804,
        "activity_lines": [
          10.445333,
          10.463636,
          10.486952,
          10.481124
        ]
      },
      {
        "date": "2025-11-21",
        "close": 10.43,
        "volume": 21611,
        "typical_volume": 134843.0,
        "trend": 10.465483,
        "fair_value": 10.232738,
        "relative_strength": -9.126782,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -15.78803,
        "energy": 17.993475,
        "activity_lines": [
          10.438667,
          10.452909,
          10.481286,
          10.478985
        ]
      },
      {
        "date": "2025-11-28",
        "close": 10.5,
        "volume": 21947,
        "typical_volume": 135275.5,
        "trend": 10.47015,
        "fair_value": 10.235958,
        "relative_strength": -12.580095,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 4.055046,
        "energy": 5.101255,
        "activity_lines": [
          10.458667,
          10.457636,
          10.482429,
          10.481212
        ]
      },
      {
        "date": "2025-12-05",
        "close": 10.45,
        "volume": 3279,
        "typical_volume": 135322.45,
        "trend": 10.47315,
        "fair_value": 10.238506,
        "relative_strength": -13.640501,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -8.437848,
        "energy": 5.723656,
        "activity_lines": [
          10.458667,
          10.454545,
          10.478571,
          10.479912
        ]
      },
      {
        "date": "2025-12-12",
        "close": 10.45,
        "volume": 6193,
        "typical_volume": 135281.3,
        "trend": 10.474817,
        "fair_value": 10.240994,
        "relative_strength": -11.782259,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -7.820647,
        "energy": 5.16239,
        "activity_lines": [
          10.457333,
          10.453273,
          10.474762,
          10.478418
        ]
      },
      {
        "date": "2025-12-19",
        "close": 10.45,
        "volume": 200,
        "typical_volume": 135162.55,
        "trend": 10.475667,
        "fair_value": 10.243424,
        "relative_strength": -12.037764,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -7.419373,
        "energy": 4.632537,
        "activity_lines": [
          10.455333,
          10.452909,
          10.471048,
          10.476817
        ]
      },
      {
        "date": "2025-12-26",
        "close": 10.45,
        "volume": 5,
        "typical_volume": 135024.95,
        "trend": 10.476,
        "fair_value": 10.245799,
        "relative_strength": -12.877723,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -36.857719,
        "energy": 17.629924,
        "activity_lines": [
          10.453333,
          10.452364,
          10.467476,
          10.475161
        ]
      },
      {
        "date": "2026-01-02",
        "close": 10.5,
        "volume": 24883,
        "typical_volume": 135963.2,
        "trend": 10.478667,
        "fair_value": 10.248688,
        "relative_strength": -10.699253,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -21.101885,
        "energy": 16.702648,
        "activity_lines": [
          10.466667,
          10.461455,
          10.468857,
          10.47671
        ]
      },
      {
        "date": "2026-01-09",
        "close": 10.52,
        "volume": 20882,
        "typical_volume": 131991.1,
        "trend": 10.481667,
        "fair_value": 10.251736,
        "relative_strength": -12.168076,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 20.029837,
        "energy": 24.838161,
        "activity_lines": [
          10.486667,
          10.473273,
          10.472048,
          10.479376
        ]
      },
      {
        "date": "2026-01-16",
        "close": 10.52,
        "volume": 62486,
        "typical_volume": 134813.5,
        "trend": 10.484333,
        "fair_value": 10.254717,
        "relative_strength": -11.166863,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 22.324105,
        "energy": 41.911814,
        "activity_lines": [
          10.502,
          10.483455,
          10.47519,
          10.481849
        ]
      },
      {
        "date": "2026-01-23",
        "close": 10.51,
        "volume": 6170,
        "typical_volume": 108520.45,
        "trend": 10.485667,
        "fair_value": 10.257522,
        "relative_strength": -11.234948,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 18.322933,
        "energy": 45.875464,
        "activity_lines": [
          10.509333,
          10.490364,
          10.477476,
          10.483505
        ]
      },
      {
        "date": "2026-01-30",
        "close": 10.55,
        "volume": 16236,
        "typical_volume": 71494.85,
        "trend": 10.488667,
        "fair_value": 10.260701,
        "relative_strength": -10.527436,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.09243,
        "energy": 56.365913,
        "activity_lines": [
          10.526,
          10.503455,
          10.48381,
          10.487656
        ]
      },
      {
        "date": "2026-02-06",
        "close": 10.56,
        "volume": 18561,
        "typical_volume": 53232.95,
        "trend": 10.492333,
        "fair_value": 10.263919,
        "relative_strength": -8.430201,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.986717,
        "energy": 61.876596,
        "activity_lines": [
          10.539333,
          10.516182,
          10.491238,
          10.492258
        ]
      },
      {
        "date": "2026-02-13",
        "close": 10.65,
        "volume": 52121,
        "typical_volume": 55338.55,
        "trend": 10.498667,
        "fair_value": 10.268027,
        "relative_strength": -6.332938,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 90.073855,
        "energy": 83.321719,
        "activity_lines": [
          10.578667,
          10.544182,
          10.507286,
          10.50243
        ]
      },
      {
        "date": "2026-02-20",
        "close": 10.69,
        "volume": 6682,
        "typical_volume": 43347.25,
        "trend": 10.506,
        "fair_value": 10.272468,
        "relative_strength": -6.860625,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.413287,
        "energy": 90.750252,
        "activity_lines": [
          10.622667,
          10.575818,
          10.526667,
          10.514774
        ]
      },
      {
        "date": "2026-02-27",
        "close": 10.7,
        "volume": 35043,
        "typical_volume": 22470.5,
        "trend": 10.513333,
        "fair_value": 10.276922,
        "relative_strength": -6.284715,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.44412,
        "energy": 92.843293,
        "activity_lines": [
          10.658667,
          10.604909,
          10.546095,
          10.52729
        ]
      },
      {
        "date": "2026-03-06",
        "close": 10.7199,
        "volume": 14523,
        "typical_volume": 20599.9,
        "trend": 10.520997,
        "fair_value": 10.281489,
        "relative_strength": -4.620298,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.799206,
        "energy": 92.724363,
        "activity_lines": [
          10.688633,
          10.633073,
          10.566181,
          10.540617
        ]
      },
      {
        "date": "2026-03-13",
        "close": 10.73,
        "volume": 28316,
        "typical_volume": 21148.4,
        "trend": 10.52933,
        "fair_value": 10.286065,
        "relative_strength": -3.20605,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.636096,
        "energy": 91.214853,
        "activity_lines": [
          10.71064,
          10.658165,
          10.586086,
          10.554101
        ]
      },
      {
        "date": "2026-03-20",
        "close": 10.78,
        "volume": 107277,
        "typical_volume": 25829.75,
        "trend": 10.53833,
        "fair_value": 10.291055,
        "relative_strength": -0.498711,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.886332,
        "energy": 86.253729,
        "activity_lines": [
          10.73798,
          10.688167,
          10.60942,
          10.570274
        ]
      },
      {
        "date": "2026-03-27",
        "close": 10.66,
        "volume": 413415,
        "typical_volume": 46225.0,
        "trend": 10.54233,
        "fair_value": 10.294744,
        "relative_strength": 2.00024,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.507356,
        "energy": 44.922295,
        "activity_lines": [
          10.716653,
          10.691624,
          10.619659,
          10.578123
        ]
      },
      {
        "date": "2026-04-03",
        "close": 10.72,
        "volume": 8908,
        "typical_volume": 43436.9,
        "trend": 10.547663,
        "fair_value": 10.298954,
        "relative_strength": -0.712899,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.527283,
        "energy": 41.547343,
        "activity_lines": [
          10.717327,
          10.703444,
          10.634564,
          10.589586
        ]
      },
      {
        "date": "2026-04-10",
        "close": 10.75,
        "volume": 25626,
        "typical_volume": 43637.65,
        "trend": 10.55333,
        "fair_value": 10.303376,
        "relative_strength": -4.15731,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.510358,
        "energy": 39.371733,
        "activity_lines": [
          10.726667,
          10.7169,
          10.65104,
          10.60264
        ]
      },
      {
        "date": "2026-04-17",
        "close": 10.76,
        "volume": 9503,
        "typical_volume": 43015.45,
        "trend": 10.559663,
        "fair_value": 10.30781,
        "relative_strength": -9.004493,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.890613,
        "energy": 36.194505,
        "activity_lines": [
          10.737333,
          10.728538,
          10.666946,
          10.615973
        ]
      },
      {
        "date": "2026-04-24",
        "close": 10.8,
        "volume": 1401,
        "typical_volume": 42921.55,
        "trend": 10.567997,
        "fair_value": 10.312542,
        "relative_strength": -10.090761,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.632188,
        "energy": 41.599815,
        "activity_lines": [
          10.759333,
          10.743813,
          10.685422,
          10.631479
        ]
      },
      {
        "date": "2026-05-01",
        "close": 10.82,
        "volume": 5670,
        "typical_volume": 42895.4,
        "trend": 10.578663,
        "fair_value": 10.317375,
        "relative_strength": -10.801418,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.230121,
        "energy": 43.539573,
        "activity_lines": [
          10.786667,
          10.759996,
          10.704137,
          10.647737
        ]
      },
      {
        "date": "2026-05-08",
        "close": 10.83,
        "volume": 38983,
        "typical_volume": 44834.55,
        "trend": 10.591663,
        "fair_value": 10.322211,
        "relative_strength": -14.819946,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.03547,
        "energy": 47.833718,
        "activity_lines": [
          10.806667,
          10.775635,
          10.722042,
          10.663952
        ]
      },
      {
        "date": "2026-05-15",
        "close": 10.755,
        "volume": 42330,
        "typical_volume": 46950.8,
        "trend": 10.60083,
        "fair_value": 10.326256,
        "relative_strength": -14.690757,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.142353,
        "energy": 39.007895,
        "activity_lines": [
          10.794333,
          10.775273,
          10.730995,
          10.67449
        ]
      },
      {
        "date": "2026-05-22",
        "close": 10.79,
        "volume": 22470,
        "typical_volume": 46830.15,
        "trend": 10.612163,
        "fair_value": 10.33055,
        "relative_strength": -14.933356,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.165228,
        "energy": 35.241111,
        "activity_lines": [
          10.793333,
          10.780636,
          10.741829,
          10.686695
        ]
      },
      {
        "date": "2026-05-29",
        "close": 10.73,
        "volume": 10676,
        "typical_volume": 46319.85,
        "trend": 10.622163,
        "fair_value": 10.334215,
        "relative_strength": -17.277481,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.687554,
        "energy": 23.762103,
        "activity_lines": [
          10.770333,
          10.774,
          10.745568,
          10.694297
        ]
      },
      {
        "date": "2026-06-05",
        "close": 10.8,
        "volume": 67567,
        "typical_volume": 46573.9,
        "trend": 10.634163,
        "fair_value": 10.338449,
        "relative_strength": -12.38754,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.220988,
        "energy": 19.503448,
        "activity_lines": [
          10.775333,
          10.781,
          10.754973,
          10.705771
        ]
      },
      {
        "date": "2026-06-12",
        "close": 10.75,
        "volume": 19998,
        "typical_volume": 47265.3,
        "trend": 10.644163,
        "fair_value": 10.342157,
        "relative_strength": -14.293458,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.86571,
        "energy": 16.529345,
        "activity_lines": [
          10.765,
          10.776364,
          10.758283,
          10.713244
        ]
      },
      {
        "date": "2026-06-19",
        "close": 10.79,
        "volume": 13502,
        "typical_volume": 47128.6,
        "trend": 10.656163,
        "fair_value": 10.346155,
        "relative_strength": -15.718,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.406517,
        "energy": 16.846513,
        "activity_lines": [
          10.773333,
          10.778455,
          10.76426,
          10.722653
        ]
      },
      {
        "date": "2026-06-26",
        "close": 10.79,
        "volume": 15228,
        "typical_volume": 46961.95,
        "trend": 10.66583,
        "fair_value": 10.350083,
        "relative_strength": -11.363178,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.392625,
        "energy": 21.84804,
        "activity_lines": [
          10.779333,
          10.779818,
          10.769093,
          10.731287
        ]
      },
      {
        "date": "2026-07-03",
        "close": 10.78,
        "volume": 6931,
        "typical_volume": 44702.45,
        "trend": 10.67683,
        "fair_value": 10.353854,
        "relative_strength": -11.832145,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.269822,
        "energy": 22.348518,
        "activity_lines": [
          10.782,
          10.778818,
          10.77188,
          10.738653
        ]
      },
      {
        "date": "2026-07-10",
        "close": 10.79,
        "volume": 14049,
        "typical_volume": 45070.8,
        "trend": 10.688163,
        "fair_value": 10.357647,
        "relative_strength": -12.925132,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.942122,
        "energy": 24.296695,
        "activity_lines": [
          10.784667,
          10.78,
          10.774999,
          10.745954
        ]
      },
      {
        "date": "2026-07-17",
        "close": 10.79,
        "volume": 1837,
        "typical_volume": 43410.5,
        "trend": 10.699497,
        "fair_value": 10.361374,
        "relative_strength": -8.818505,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.742262,
        "energy": 23.083267,
        "activity_lines": [
          10.788,
          10.781727,
          10.777642,
          10.752525
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.79,
        "volume": 185,
        "typical_volume": 42693.6,
        "trend": 10.71083,
        "fair_value": 10.365038,
        "relative_strength": -7.046806,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.38393,
        "energy": 22.438895,
        "activity_lines": [
          10.788667,
          10.784182,
          10.779857,
          10.758363
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10.81,
        "volume": 5261,
        "typical_volume": 41540.85,
        "trend": 10.721163,
        "fair_value": 10.368808,
        "relative_strength": -7.037995,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.570373,
        "energy": 24.278477,
        "activity_lines": [
          10.796,
          10.789636,
          10.783643,
          10.764762
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.82,
        "volume": 2376,
        "typical_volume": 36295.8,
        "trend": 10.731163,
        "fair_value": 10.3726,
        "relative_strength": -11.121555,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.002082,
        "energy": 26.246079,
        "activity_lines": [
          10.805333,
          10.796545,
          10.788,
          10.771138
        ]
      }
    ],
    "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."
    }
  }
}