{
  "ticker": {
    "uuid": "e2912375-d022-439a-8cbe-aa3318ea6015",
    "symbol": "CLWD",
    "name": "Amundi MSCI World ESG Broad Transition UCITS ETF Dist",
    "exchange": "PAR",
    "country": "FR",
    "assetType": "etf"
  },
  "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": "^FCHI",
    "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": 87.768,
    "architecture_energy": 70.857,
    "architecture_maturity": 86.658,
    "architecture_confidence": 82.647,
    "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": 9.96,
        "rotation_up": 59.05,
        "upward_expansion": 85.33,
        "deceleration": 68.57,
        "rotation_down": 28.79,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        10.1196,
        10.071073,
        9.90949,
        9.693575
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 10.326,
    "trend_reference": 9.443516,
    "distance_from_trend": 0.093449,
    "trend_direction": "Improving",
    "fair_value": 8.281119,
    "distance_from_fair_value": 0.246933,
    "fair_value_direction": "Improving",
    "relative_strength": 5.590956,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.151567,
    "excess_performance": 0.098255,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.093449,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.041707,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.246933,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.06757,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.05591,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.029687,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.151567,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.955669,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 21692,
      "relative_activity": 1.146448,
      "balance": 3.955669,
      "dry_up": 0.968868,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.016404,
      "annualized_volatility": 0.108988,
      "from_high_reference": -0.000387,
      "from_low_reference": 0.234871
    },
    "levels": {
      "trend_reference": 9.443516,
      "fair_value_reference": 8.281119,
      "structural_low": 8.512,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": 0.009073,
        "positive_rate": 0.888889,
        "directional_follow_through": 0.888889,
        "median_excess_return": 0.003241,
        "regime_survival": 0.888889,
        "best_return": 0.053817,
        "worst_return": -0.005288,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.063107,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.012529,
        "regime_survival": 0.666667,
        "best_return": 0.069855,
        "worst_return": -0.003765,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.065827,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.0243,
        "regime_survival": 0.0,
        "best_return": 0.065827,
        "worst_return": 0.065827,
        "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": "2025-06-20",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.028363,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.013836,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2026-02-13",
        "tenure": "Established",
        "return": 0.068687,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-20",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.05848,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.024551,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-17",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.001073,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.102616,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-12-15",
        "close": 6.703228,
        "volume": 0,
        "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": "2023-12-22",
        "close": 6.732576,
        "volume": 4094,
        "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": "2023-12-29",
        "close": 6.727701,
        "volume": 12345,
        "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": "2024-01-05",
        "close": 6.666274,
        "volume": 4531,
        "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": "2024-01-12",
        "close": 6.755977,
        "volume": 30775,
        "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": "2024-01-19",
        "close": 6.781327,
        "volume": 13372,
        "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": "2024-01-26",
        "close": 6.929532,
        "volume": 13614,
        "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": "2024-02-02",
        "close": 6.992908,
        "volume": 13525,
        "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": "2024-02-09",
        "close": 7.076761,
        "volume": 50582,
        "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": "2024-02-16",
        "close": 7.130996,
        "volume": 18547,
        "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": "2024-02-23",
        "close": 7.183666,
        "volume": 6292,
        "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": "2024-03-01",
        "close": 7.218781,
        "volume": 6061,
        "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": "2024-03-08",
        "close": 7.249992,
        "volume": 61928,
        "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": "2024-03-15",
        "close": 7.212928,
        "volume": 5466,
        "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": "2024-03-22",
        "close": 7.399226,
        "volume": 1625,
        "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": "2024-03-29",
        "close": 7.427512,
        "volume": 9470,
        "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": "2024-04-05",
        "close": 7.298761,
        "volume": 5432,
        "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": "2024-04-12",
        "close": 7.331925,
        "volume": 10515,
        "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": "2024-04-19",
        "close": 7.130996,
        "volume": 3721,
        "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": "2024-04-26",
        "close": 7.257796,
        "volume": 6700,
        "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": "2024-05-03",
        "close": 7.233411,
        "volume": 14439,
        "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": 7.387521,
        "volume": 12026,
        "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": 7.456773,
        "volume": 8112,
        "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": 7.453847,
        "volume": 4191,
        "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": 7.338752,
        "volume": 16698,
        "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": 7.523098,
        "volume": 6554,
        "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": 7.61576,
        "volume": 8184,
        "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": 7.685012,
        "volume": 8785,
        "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": 7.714273,
        "volume": 19777,
        "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": 7.714273,
        "volume": 22712,
        "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": 7.826442,
        "volume": 20910,
        "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": 7.651849,
        "volume": 7682,
        "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": 7.619661,
        "volume": 37089,
        "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": 7.341678,
        "volume": 35424,
        "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": 7.391422,
        "volume": 74240,
        "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": 7.625513,
        "volume": 22045,
        "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": 7.676233,
        "volume": 10112,
        "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": 7.743535,
        "volume": 12235,
        "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": 7.466527,
        "volume": 58603,
        "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": 7.747436,
        "volume": 10043,
        "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": 7.78255,
        "volume": 13501,
        "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": 7.890817,
        "volume": 33872,
        "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": 7.916177,
        "volume": 49309,
        "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": 8.048828,
        "volume": 11535,
        "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": 8.150268,
        "volume": 11826,
        "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": 8.098573,
        "volume": 6284,
        "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": 7.970798,
        "volume": 31311,
        "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": 8.331688,
        "volume": 44777,
        "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": 8.311205,
        "volume": 9843,
        "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": 8.537493,
        "volume": 13639,
        "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": 8.511158,
        "volume": 22381,
        "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": 8.621376,
        "volume": 21025,
        "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": 8.617474,
        "volume": 45381,
        "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": 8.470192,
        "volume": 58453,
        "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": 8.497502,
        "volume": 23121,
        "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": 8.535542,
        "volume": 24832,
        "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": 8.463364,
        "volume": 29361,
        "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": 8.697455,
        "volume": 4831,
        "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": 8.669168,
        "volume": 5584,
        "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": 8.756952,
        "volume": 29418,
        "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": 8.716963,
        "volume": 40460,
        "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": 8.681263,
        "volume": 10669,
        "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": 8.684228,
        "volume": 18802,
        "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": 8.487533,
        "volume": 18811,
        "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": 7.999256,
        "volume": 25473,
        "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": 7.87768,
        "volume": 14110,
        "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": 7.980475,
        "volume": 19064,
        "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": 7.880645,
        "volume": 18897,
        "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": 7.193696,
        "volume": 22811,
        "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": 7.083981,
        "volume": 24749,
        "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": 7.207533,
        "volume": 28080,
        "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": 7.468476,
        "volume": 13706,
        "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": 7.735348,
        "volume": 51786,
        "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": 7.784769,
        "volume": 4461,
        "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": 8.148506,
        "volume": 9670,
        "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": 7.924136,
        "volume": 9837,
        "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": 8.034838,
        "volume": 2760,
        "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": 8.130714,
        "volume": 9764,
        "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": 8.010128,
        "volume": 1546,
        "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": 7.980475,
        "volume": 8014,
        "typical_volume": 17673.5,
        "trend": 8.161694,
        "fair_value": 7.728889,
        "relative_strength": -0.455257,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -6.164037,
        "energy": 14.865529,
        "activity_lines": [
          8.021923,
          7.962953,
          7.857371,
          7.986575
        ]
      },
      {
        "date": "2025-06-27",
        "close": 8.098097,
        "volume": 14986,
        "typical_volume": 16399.8,
        "trend": 8.147926,
        "fair_value": 7.733447,
        "relative_strength": -0.36511,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": -1.144687,
        "energy": 12.568569,
        "activity_lines": [
          8.049269,
          8.009427,
          7.871425,
          7.982472
        ]
      },
      {
        "date": "2025-07-04",
        "close": 8.101062,
        "volume": 50877,
        "typical_volume": 18410.2,
        "trend": 8.130582,
        "fair_value": 7.73793,
        "relative_strength": -0.475901,
        "stage": 4,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": 0.648735,
        "energy": 16.340915,
        "activity_lines": [
          8.066006,
          8.040247,
          7.888708,
          7.979449
        ]
      },
      {
        "date": "2025-07-11",
        "close": 8.137633,
        "volume": 9790,
        "typical_volume": 17959.6,
        "trend": 8.114587,
        "fair_value": 7.742746,
        "relative_strength": -1.771895,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": 6.010679,
        "energy": 27.854274,
        "activity_lines": [
          8.090519,
          8.066216,
          7.912237,
          7.979903
        ]
      },
      {
        "date": "2025-07-18",
        "close": 8.206823,
        "volume": 10902,
        "typical_volume": 17564.15,
        "trend": 8.105808,
        "fair_value": 7.74827,
        "relative_strength": -0.913271,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 29.990925,
        "energy": 46.053448,
        "activity_lines": [
          8.137633,
          8.09745,
          7.944958,
          7.985854
        ]
      },
      {
        "date": "2025-07-25",
        "close": 8.286884,
        "volume": 53193,
        "typical_volume": 18950.15,
        "trend": 8.098787,
        "fair_value": 7.754607,
        "relative_strength": -0.178816,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.915452,
        "energy": 57.167502,
        "activity_lines": [
          8.198322,
          8.135567,
          7.986641,
          7.997537
        ]
      },
      {
        "date": "2025-08-01",
        "close": 8.193974,
        "volume": 6179,
        "typical_volume": 18553.6,
        "trend": 8.087402,
        "fair_value": 7.759716,
        "relative_strength": 2.338061,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.789429,
        "energy": 53.015798,
        "activity_lines": [
          8.207614,
          8.154275,
          8.018106,
          8.003678
        ]
      },
      {
        "date": "2025-08-08",
        "close": 8.353108,
        "volume": 7162,
        "typical_volume": 17958.5,
        "trend": 8.083727,
        "fair_value": 7.766537,
        "relative_strength": 1.559206,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.675251,
        "energy": 61.633176,
        "activity_lines": [
          8.263558,
          8.19701,
          8.06322,
          8.02082
        ]
      },
      {
        "date": "2025-08-15",
        "close": 8.409449,
        "volume": 8520,
        "typical_volume": 17439.65,
        "trend": 8.074126,
        "fair_value": 7.773842,
        "relative_strength": -0.152531,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.518978,
        "energy": 71.0917,
        "activity_lines": [
          8.321479,
          8.244203,
          8.111925,
          8.041834
        ]
      },
      {
        "date": "2025-08-22",
        "close": 8.452938,
        "volume": 9167,
        "typical_volume": 16757.45,
        "trend": 8.066919,
        "fair_value": 7.781473,
        "relative_strength": -0.304235,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.18269,
        "energy": 76.554201,
        "activity_lines": [
          8.375776,
          8.294235,
          8.162255,
          8.066274
        ]
      },
      {
        "date": "2025-08-29",
        "close": 8.401541,
        "volume": 32861,
        "typical_volume": 17163.05,
        "trend": 8.055072,
        "fair_value": 7.788362,
        "relative_strength": 2.36797,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 67.925561,
        "energy": 85.894471,
        "activity_lines": [
          8.396533,
          8.32687,
          8.201692,
          8.087862
        ]
      },
      {
        "date": "2025-09-05",
        "close": 8.390669,
        "volume": 4373,
        "typical_volume": 15977.7,
        "trend": 8.044195,
        "fair_value": 7.794981,
        "relative_strength": 2.479594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.273759,
        "energy": 83.810562,
        "activity_lines": [
          8.406022,
          8.349874,
          8.233821,
          8.109514
        ]
      },
      {
        "date": "2025-09-12",
        "close": 8.547826,
        "volume": 7961,
        "typical_volume": 15690.45,
        "trend": 8.039747,
        "fair_value": 7.803164,
        "relative_strength": 2.291125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.500005,
        "energy": 88.563596,
        "activity_lines": [
          8.454784,
          8.396132,
          8.275282,
          8.142006
        ]
      },
      {
        "date": "2025-09-19",
        "close": 8.580443,
        "volume": 52049,
        "typical_volume": 15703.6,
        "trend": 8.036288,
        "fair_value": 7.811522,
        "relative_strength": 2.209719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.164097,
        "energy": 82.738924,
        "activity_lines": [
          8.501436,
          8.440197,
          8.314711,
          8.17689
        ]
      },
      {
        "date": "2025-09-26",
        "close": 8.580443,
        "volume": 15361,
        "typical_volume": 16248.6,
        "trend": 8.039385,
        "fair_value": 7.819702,
        "relative_strength": 1.845837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.57302,
        "energy": 81.042921,
        "activity_lines": [
          8.53669,
          8.476211,
          8.350115,
          8.211996
        ]
      },
      {
        "date": "2025-10-03",
        "close": 8.715857,
        "volume": 34946,
        "typical_volume": 17512.4,
        "trend": 8.063272,
        "fair_value": 7.829135,
        "relative_strength": 0.701803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.463545,
        "energy": 88.59365,
        "activity_lines": [
          8.60858,
          8.530053,
          8.394626,
          8.25564
        ]
      },
      {
        "date": "2025-10-10",
        "close": 8.658529,
        "volume": 42059,
        "typical_volume": 19123.5,
        "trend": 8.0893,
        "fair_value": 7.837775,
        "relative_strength": 2.048181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.628671,
        "energy": 74.691223,
        "activity_lines": [
          8.640408,
          8.565672,
          8.430977,
          8.294043
        ]
      },
      {
        "date": "2025-10-17",
        "close": 8.6269,
        "volume": 2166,
        "typical_volume": 19093.8,
        "trend": 8.110847,
        "fair_value": 7.84591,
        "relative_strength": -1.484514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.56727,
        "energy": 64.821935,
        "activity_lines": [
          8.643834,
          8.587093,
          8.460817,
          8.328727
        ]
      },
      {
        "date": "2025-10-24",
        "close": 8.85463,
        "volume": 4863,
        "typical_volume": 18848.75,
        "trend": 8.143314,
        "fair_value": 7.856203,
        "relative_strength": 0.490516,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.971853,
        "energy": 72.183899,
        "activity_lines": [
          8.7179,
          8.644942,
          8.509527,
          8.376713
        ]
      },
      {
        "date": "2025-10-31",
        "close": 8.972845,
        "volume": 18346,
        "typical_volume": 19688.75,
        "trend": 8.202618,
        "fair_value": 7.867482,
        "relative_strength": 3.089426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.045196,
        "energy": 77.712825,
        "activity_lines": [
          8.813091,
          8.716191,
          8.566049,
          8.430231
        ]
      },
      {
        "date": "2025-11-07",
        "close": 8.727718,
        "volume": 8436,
        "typical_volume": 19709.85,
        "trend": 8.25741,
        "fair_value": 7.876085,
        "relative_strength": 2.497517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.519356,
        "energy": 64.979536,
        "activity_lines": [
          8.800413,
          8.733418,
          8.59464,
          8.464109
        ]
      },
      {
        "date": "2025-11-14",
        "close": 8.838421,
        "volume": 54795,
        "typical_volume": 21700.3,
        "trend": 8.311773,
        "fair_value": 7.885613,
        "relative_strength": 1.115352,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.394547,
        "energy": 63.411672,
        "activity_lines": [
          8.823845,
          8.764843,
          8.630217,
          8.501593
        ]
      },
      {
        "date": "2025-11-21",
        "close": 8.650621,
        "volume": 37986,
        "typical_volume": 21055.75,
        "trend": 8.351178,
        "fair_value": 7.893113,
        "relative_strength": 1.460451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.970727,
        "energy": 49.8427,
        "activity_lines": [
          8.772684,
          8.753981,
          8.644382,
          8.523455
        ]
      },
      {
        "date": "2025-11-28",
        "close": 8.925401,
        "volume": 145810,
        "typical_volume": 27856.75,
        "trend": 8.390846,
        "fair_value": 7.903135,
        "relative_strength": 3.02205,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.099886,
        "energy": 48.490102,
        "activity_lines": [
          8.811536,
          8.79121,
          8.6821,
          8.560501
        ]
      },
      {
        "date": "2025-12-05",
        "close": 8.976799,
        "volume": 31856,
        "typical_volume": 28904.45,
        "trend": 8.43058,
        "fair_value": 7.913459,
        "relative_strength": 3.819284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.710138,
        "energy": 52.575221,
        "activity_lines": [
          8.862801,
          8.831512,
          8.720962,
          8.598305
        ]
      },
      {
        "date": "2025-12-12",
        "close": 8.853247,
        "volume": 488454,
        "typical_volume": 50667.5,
        "trend": 8.454072,
        "fair_value": 7.922409,
        "relative_strength": 3.09802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.954445,
        "energy": 45.08852,
        "activity_lines": [
          8.87262,
          8.842144,
          8.74439,
          8.625574
        ]
      },
      {
        "date": "2025-12-19",
        "close": 8.90761,
        "volume": 10910,
        "typical_volume": 50904.05,
        "trend": 8.486854,
        "fair_value": 7.931703,
        "relative_strength": 2.810931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.227825,
        "energy": 48.782072,
        "activity_lines": [
          8.892191,
          8.860162,
          8.770299,
          8.654834
        ]
      },
      {
        "date": "2025-12-26",
        "close": 8.933309,
        "volume": 6520,
        "typical_volume": 50871.95,
        "trend": 8.516803,
        "fair_value": 7.941064,
        "relative_strength": 3.815078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.695927,
        "energy": 47.088507,
        "activity_lines": [
          8.915715,
          8.878324,
          8.795257,
          8.683638
        ]
      },
      {
        "date": "2026-01-02",
        "close": 8.919471,
        "volume": 53722,
        "typical_volume": 53132.05,
        "trend": 8.543095,
        "fair_value": 7.950124,
        "relative_strength": 2.650974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.443138,
        "energy": 42.673426,
        "activity_lines": [
          8.915781,
          8.888399,
          8.816134,
          8.709616
        ]
      },
      {
        "date": "2026-01-09",
        "close": 9.156691,
        "volume": 30805,
        "typical_volume": 54213.95,
        "trend": 8.581314,
        "fair_value": 7.961193,
        "relative_strength": 3.360286,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.647268,
        "energy": 55.174621,
        "activity_lines": [
          8.995316,
          8.940425,
          8.857175,
          8.749203
        ]
      },
      {
        "date": "2026-01-16",
        "close": 9.186343,
        "volume": 37835,
        "typical_volume": 54462.65,
        "trend": 8.621509,
        "fair_value": 7.972331,
        "relative_strength": 5.020246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.961018,
        "energy": 72.21204,
        "activity_lines": [
          9.072741,
          8.994501,
          8.897689,
          8.788237
        ]
      },
      {
        "date": "2026-01-23",
        "close": 9.014359,
        "volume": 26345,
        "typical_volume": 55561.25,
        "trend": 8.652051,
        "fair_value": 7.981718,
        "relative_strength": 4.495199,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.002235,
        "energy": 59.920177,
        "activity_lines": [
          9.070633,
          9.008968,
          8.918086,
          8.813582
        ]
      },
      {
        "date": "2026-01-30",
        "close": 8.970869,
        "volume": 45293,
        "typical_volume": 57427.85,
        "trend": 8.681045,
        "fair_value": 7.99055,
        "relative_strength": 4.197881,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.474122,
        "energy": 51.100084,
        "activity_lines": [
          9.046911,
          9.012328,
          8.931371,
          8.834151
        ]
      },
      {
        "date": "2026-02-06",
        "close": 8.966914,
        "volume": 34317,
        "typical_volume": 56541.25,
        "trend": 8.708688,
        "fair_value": 7.99919,
        "relative_strength": 2.315306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.126719,
        "energy": 38.882282,
        "activity_lines": [
          9.019367,
          9.009147,
          8.942266,
          8.852594
        ]
      },
      {
        "date": "2026-02-13",
        "close": 8.967,
        "volume": 50672,
        "typical_volume": 58306.8,
        "trend": 8.734027,
        "fair_value": 8.00768,
        "relative_strength": 1.817636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.158879,
        "energy": 23.605698,
        "activity_lines": [
          8.988688,
          9.005227,
          8.951328,
          8.86926
        ]
      },
      {
        "date": "2026-02-20",
        "close": 9.08,
        "volume": 24886,
        "typical_volume": 57803.8,
        "trend": 8.760464,
        "fair_value": 8.017005,
        "relative_strength": 0.631396,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.149666,
        "energy": 27.672219,
        "activity_lines": [
          9.008323,
          9.02203,
          8.969311,
          8.89158
        ]
      },
      {
        "date": "2026-02-27",
        "close": 9.07,
        "volume": 61713,
        "typical_volume": 58786.5,
        "trend": 8.789665,
        "fair_value": 8.026082,
        "relative_strength": -0.263252,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.242851,
        "energy": 30.146469,
        "activity_lines": [
          9.031713,
          9.032893,
          8.984608,
          8.911551
        ]
      },
      {
        "date": "2026-03-06",
        "close": 8.943,
        "volume": 984623,
        "typical_volume": 107909.35,
        "trend": 8.809328,
        "fair_value": 8.033919,
        "relative_strength": 5.309412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.432923,
        "energy": 23.932556,
        "activity_lines": [
          9.009061,
          9.017712,
          8.98585,
          8.921443
        ]
      },
      {
        "date": "2026-03-13",
        "close": 8.895,
        "volume": 17629,
        "typical_volume": 108547.65,
        "trend": 8.825513,
        "fair_value": 8.041216,
        "relative_strength": 5.555929,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.104291,
        "energy": 16.026605,
        "activity_lines": [
          8.972267,
          8.993627,
          8.981015,
          8.92697
        ]
      },
      {
        "date": "2026-03-20",
        "close": 8.675,
        "volume": 62326,
        "typical_volume": 110746.65,
        "trend": 8.832915,
        "fair_value": 8.046542,
        "relative_strength": 5.980829,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.911384,
        "energy": 17.07258,
        "activity_lines": [
          8.866933,
          8.929988,
          8.955036,
          8.91726
        ]
      },
      {
        "date": "2026-03-27",
        "close": 8.549,
        "volume": 15839,
        "typical_volume": 111116.8,
        "trend": 8.83783,
        "fair_value": 8.050729,
        "relative_strength": 3.735034,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -38.602671,
        "energy": 44.964191,
        "activity_lines": [
          8.739067,
          8.852197,
          8.918475,
          8.898943
        ]
      },
      {
        "date": "2026-04-03",
        "close": 8.798,
        "volume": 30938,
        "typical_volume": 109923.95,
        "trend": 8.851408,
        "fair_value": 8.056905,
        "relative_strength": 3.049523,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.693844,
        "energy": 40.973367,
        "activity_lines": [
          8.7296,
          8.831267,
          8.90648,
          8.896373
        ]
      },
      {
        "date": "2026-04-10",
        "close": 9.014,
        "volume": 21510,
        "typical_volume": 109100.15,
        "trend": 8.866947,
        "fair_value": 8.06475,
        "relative_strength": 1.608587,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -4.208619,
        "energy": 22.870963,
        "activity_lines": [
          8.810267,
          8.853544,
          8.915248,
          8.906863
        ]
      },
      {
        "date": "2026-04-17",
        "close": 9.318,
        "volume": 17757,
        "typical_volume": 102697.5,
        "trend": 8.891533,
        "fair_value": 8.074939,
        "relative_strength": 2.756957,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.03069,
        "energy": 25.710735,
        "activity_lines": [
          8.987533,
          8.930309,
          8.951239,
          8.935963
        ]
      },
      {
        "date": "2026-04-24",
        "close": 9.328,
        "volume": 21929,
        "typical_volume": 102201.15,
        "trend": 8.916451,
        "fair_value": 8.085045,
        "relative_strength": 5.949351,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 72.426886,
        "energy": 51.645209,
        "activity_lines": [
          9.139933,
          9.002509,
          8.986312,
          8.964122
        ]
      },
      {
        "date": "2026-05-01",
        "close": 9.365,
        "volume": 16920,
        "typical_volume": 78624.45,
        "trend": 8.938089,
        "fair_value": 8.095284,
        "relative_strength": 6.631677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.954989,
        "energy": 74.320912,
        "activity_lines": [
          9.261133,
          9.074873,
          9.023237,
          8.993061
        ]
      },
      {
        "date": "2026-05-08",
        "close": 9.561,
        "volume": 38784,
        "typical_volume": 80018.15,
        "trend": 8.968172,
        "fair_value": 8.106917,
        "relative_strength": 8.55965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.892637,
        "energy": 88.224451,
        "activity_lines": [
          9.393267,
          9.177691,
          9.076391,
          9.033249
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9.669,
        "volume": 29636,
        "typical_volume": 81173.95,
        "trend": 9.002908,
        "fair_value": 8.119217,
        "relative_strength": 11.633855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.904856,
        "energy": 91.403816,
        "activity_lines": [
          9.510533,
          9.291218,
          9.13672,
          9.078463
        ]
      },
      {
        "date": "2026-05-22",
        "close": 9.834,
        "volume": 29351,
        "typical_volume": 79955.4,
        "trend": 9.035554,
        "fair_value": 8.132613,
        "relative_strength": 10.889202,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.972231,
        "energy": 94.568881,
        "activity_lines": [
          9.639133,
          9.421545,
          9.20926,
          9.132082
        ]
      },
      {
        "date": "2026-05-29",
        "close": 9.869,
        "volume": 46736,
        "typical_volume": 80751.95,
        "trend": 9.065426,
        "fair_value": 8.146074,
        "relative_strength": 10.03651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.978278,
        "energy": 93.149686,
        "activity_lines": [
          9.745,
          9.541164,
          9.280778,
          9.185853
        ]
      },
      {
        "date": "2026-06-05",
        "close": 9.891,
        "volume": 7097,
        "typical_volume": 79215.05,
        "trend": 9.104202,
        "fair_value": 8.159496,
        "relative_strength": 9.502602,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.967826,
        "energy": 91.431955,
        "activity_lines": [
          9.822133,
          9.643073,
          9.350999,
          9.239116
        ]
      },
      {
        "date": "2026-06-12",
        "close": 9.852,
        "volume": 1453,
        "typical_volume": 77970.45,
        "trend": 9.137988,
        "fair_value": 8.172416,
        "relative_strength": 7.081111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.636199,
        "energy": 87.953273,
        "activity_lines": [
          9.8512,
          9.713491,
          9.414151,
          9.287361
        ]
      },
      {
        "date": "2026-06-19",
        "close": 10.0,
        "volume": 15633,
        "typical_volume": 76487.45,
        "trend": 9.182967,
        "fair_value": 8.186262,
        "relative_strength": 7.527521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.372348,
        "energy": 91.677302,
        "activity_lines": [
          9.9102,
          9.791655,
          9.487409,
          9.342974
        ]
      },
      {
        "date": "2026-06-26",
        "close": 9.925,
        "volume": 3515,
        "typical_volume": 74947.35,
        "trend": 9.216287,
        "fair_value": 8.199335,
        "relative_strength": 6.939079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.609453,
        "energy": 82.949556,
        "activity_lines": [
          9.922133,
          9.838255,
          9.548624,
          9.390848
        ]
      },
      {
        "date": "2026-07-03",
        "close": 10.078,
        "volume": 26,
        "typical_volume": 72415.05,
        "trend": 9.252994,
        "fair_value": 8.213355,
        "relative_strength": 6.770492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.419467,
        "energy": 86.930156,
        "activity_lines": [
          9.979,
          9.901636,
          9.619848,
          9.446442
        ]
      },
      {
        "date": "2026-07-10",
        "close": 10.124,
        "volume": 7969,
        "typical_volume": 71569.2,
        "trend": 9.295352,
        "fair_value": 8.227508,
        "relative_strength": 9.102499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.612331,
        "energy": 89.487802,
        "activity_lines": [
          10.037267,
          9.959745,
          9.690162,
          9.502636
        ]
      },
      {
        "date": "2026-07-17",
        "close": 10.024,
        "volume": 8655,
        "typical_volume": 68916.3,
        "trend": 9.332565,
        "fair_value": 8.240717,
        "relative_strength": 7.742061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.930715,
        "energy": 79.503903,
        "activity_lines": [
          10.046667,
          9.985873,
          9.745981,
          9.549645
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.056,
        "volume": 13271,
        "typical_volume": 20348.7,
        "trend": 9.369988,
        "fair_value": 8.253967,
        "relative_strength": 7.388519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.833295,
        "energy": 69.532525,
        "activity_lines": [
          10.055267,
          10.0094,
          9.800305,
          9.596319
        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.956,
        "volume": 29710,
        "typical_volume": 20952.75,
        "trend": 9.404539,
        "fair_value": 8.266301,
        "relative_strength": 4.453351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.731198,
        "energy": 62.748363,
        "activity_lines": [
          10.0268,
          10.007709,
          9.839805,
          9.634126
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10.326,
        "volume": 21692,
        "typical_volume": 18921.05,
        "trend": 9.443516,
        "fair_value": 8.281119,
        "relative_strength": 5.590956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.768184,
        "energy": 70.857375,
        "activity_lines": [
          10.1196,
          10.071073,
          9.90949,
          9.693575
        ]
      }
    ],
    "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."
    }
  }
}