{
  "ticker": {
    "uuid": "e2f00cc6-b480-456e-8b01-e72e64918dbf",
    "symbol": "ALBKK",
    "name": "Baikowski SA",
    "exchange": "PAR",
    "country": "FR",
    "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": "^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": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 29.042,
    "architecture_energy": 14.708,
    "architecture_maturity": 47.506,
    "architecture_confidence": 88.869,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 58.3,
        "rotation_up": 22.3,
        "upward_expansion": 50.84,
        "deceleration": 93.03,
        "rotation_down": 25.85,
        "downward_expansion": 16.84
      },
      "activity_lines": [
        24.513333,
        24.813622,
        24.632644,
        23.761744
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 24.700001,
    "trend_reference": 22.857187,
    "distance_from_trend": 0.080623,
    "trend_direction": "Improving",
    "fair_value": 18.447275,
    "distance_from_fair_value": 0.338951,
    "fair_value_direction": "Improving",
    "relative_strength": 2.230365,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.143519,
    "excess_performance": 0.090207,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.080623,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.044403,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.338951,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.173629,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.022304,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.066997,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.143519,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.929008,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3689,
      "relative_activity": 0.547776,
      "balance": 1.929008,
      "dry_up": 0.790593,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.126373,
      "annualized_volatility": 0.541764,
      "from_high_reference": -0.283668,
      "from_low_reference": 0.320856
    },
    "levels": {
      "trend_reference": 22.857187,
      "fair_value_reference": 18.447275,
      "structural_low": 19.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.0,
        "positive_rate": 0.461538,
        "directional_follow_through": 0.461538,
        "median_excess_return": -0.006494,
        "regime_survival": 0.461538,
        "best_return": 0.576642,
        "worst_return": -0.130952,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.014762,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.011346,
        "regime_survival": 0.0,
        "best_return": 0.685039,
        "worst_return": -0.061947,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.080951,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": 0.043785,
        "regime_survival": 0.5,
        "best_return": 0.716536,
        "worst_return": -0.234286,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.400044,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.276178,
        "regime_survival": 0.0,
        "best_return": 0.791299,
        "worst_return": -0.005714,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-28",
        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.02994,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.093459,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-09",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.13011,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-01",
        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.009615,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-15",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.019417,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": 0.153846,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-10",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.008772,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": -0.097345,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-20",
        "end": "2026-03-13",
        "tenure": "New",
        "return": 0.019802,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-20",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": 0.083,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-22",
        "end": "2026-05-22",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-29",
        "end": "2026-06-05",
        "tenure": "New",
        "return": 0.060403,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-07-03",
        "tenure": "New",
        "return": -0.146117,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.012,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 19.283409,
        "volume": 491,
        "typical_volume": 3148.05,
        "trend": 17.79069,
        "fair_value": 16.219242,
        "relative_strength": 0.744337,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.985232,
        "energy": 82.788767,
        "activity_lines": [
          18.839545,
          18.464534,
          17.973844,
          17.801354
        ]
      },
      {
        "date": "2023-08-25",
        "close": 19.529999,
        "volume": 1465,
        "typical_volume": 3163.95,
        "trend": 17.851731,
        "fair_value": 16.287654,
        "relative_strength": 1.870526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.017822,
        "energy": 87.897125,
        "activity_lines": [
          19.138742,
          18.719594,
          18.150563,
          17.913567
        ]
      },
      {
        "date": "2023-09-01",
        "close": 18.938183,
        "volume": 1868,
        "typical_volume": 3190.2,
        "trend": 17.85647,
        "fair_value": 16.352272,
        "relative_strength": -1.225676,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.329694,
        "energy": 80.790315,
        "activity_lines": [
          19.135455,
          18.821612,
          18.260382,
          17.983661
        ]
      },
      {
        "date": "2023-09-08",
        "close": 18.691591,
        "volume": 838,
        "typical_volume": 3166.8,
        "trend": 17.798923,
        "fair_value": 16.41531,
        "relative_strength": -0.901023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.253991,
        "energy": 74.343991,
        "activity_lines": [
          19.007227,
          18.846719,
          18.338541,
          18.03754
        ]
      },
      {
        "date": "2023-09-15",
        "close": 19.431364,
        "volume": 158,
        "typical_volume": 3106.1,
        "trend": 17.785118,
        "fair_value": 16.48309,
        "relative_strength": 2.066848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.673685,
        "energy": 64.335105,
        "activity_lines": [
          19.138743,
          18.99019,
          18.481292,
          18.142859
        ]
      },
      {
        "date": "2023-09-22",
        "close": 19.086138,
        "volume": 1883,
        "typical_volume": 2290.8,
        "trend": 17.845675,
        "fair_value": 16.547178,
        "relative_strength": 3.67408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.251465,
        "energy": 45.188918,
        "activity_lines": [
          19.109152,
          19.047579,
          18.581324,
          18.226795
        ]
      },
      {
        "date": "2023-09-29",
        "close": 17.064091,
        "volume": 6073,
        "typical_volume": 2507.4,
        "trend": 17.807026,
        "fair_value": 16.600375,
        "relative_strength": -5.849197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 6.542398,
        "energy": 13.162839,
        "activity_lines": [
          18.418698,
          18.716699,
          18.47922,
          18.176371
        ]
      },
      {
        "date": "2023-10-06",
        "close": 17.261364,
        "volume": 644,
        "typical_volume": 2329.3,
        "trend": 17.798807,
        "fair_value": 16.654836,
        "relative_strength": -3.170126,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.850519,
        "energy": 17.944425,
        "activity_lines": [
          17.958394,
          18.437827,
          18.395518,
          18.141167
        ]
      },
      {
        "date": "2023-10-13",
        "close": 16.965456,
        "volume": 2149,
        "typical_volume": 2371.9,
        "trend": 17.801396,
        "fair_value": 16.707991,
        "relative_strength": -3.45281,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.42863,
        "energy": 41.096125,
        "activity_lines": [
          17.511243,
          18.123984,
          18.281856,
          18.087402
        ]
      },
      {
        "date": "2023-10-20",
        "close": 16.965456,
        "volume": 877,
        "typical_volume": 2282.2,
        "trend": 17.803985,
        "fair_value": 16.762034,
        "relative_strength": -0.249094,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -32.565916,
        "energy": 45.869448,
        "activity_lines": [
          17.179168,
          17.845112,
          18.168279,
          18.03347
        ]
      },
      {
        "date": "2023-10-27",
        "close": 16.275,
        "volume": 3227,
        "typical_volume": 2335.95,
        "trend": 17.789919,
        "fair_value": 16.811651,
        "relative_strength": -3.738418,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.663411,
        "energy": 71.09117,
        "activity_lines": [
          16.781334,
          17.472984,
          17.993571,
          17.934826
        ]
      },
      {
        "date": "2023-11-03",
        "close": 15.979092,
        "volume": 855,
        "typical_volume": 2191.45,
        "trend": 17.745318,
        "fair_value": 16.86706,
        "relative_strength": -8.659535,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -56.475137,
        "energy": 79.086918,
        "activity_lines": [
          16.472274,
          17.101753,
          17.794054,
          17.817999
        ]
      },
      {
        "date": "2023-11-10",
        "close": 16.373636,
        "volume": 3175,
        "typical_volume": 2316.15,
        "trend": 17.717049,
        "fair_value": 16.922041,
        "relative_strength": -6.141563,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.740458,
        "energy": 71.849038,
        "activity_lines": [
          16.367061,
          16.866819,
          17.637122,
          17.729503
        ]
      },
      {
        "date": "2023-11-17",
        "close": 16.275,
        "volume": 7995,
        "typical_volume": 2306.05,
        "trend": 17.67754,
        "fair_value": 16.975206,
        "relative_strength": -8.763024,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -67.039926,
        "energy": 78.627173,
        "activity_lines": [
          16.288152,
          16.660579,
          17.474606,
          17.636468
        ]
      },
      {
        "date": "2023-11-24",
        "close": 16.275,
        "volume": 1039,
        "typical_volume": 2172.1,
        "trend": 17.641212,
        "fair_value": 17.028668,
        "relative_strength": -9.142264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.891203,
        "energy": 61.528617,
        "activity_lines": [
          16.255273,
          16.498277,
          17.319372,
          17.545981
        ]
      },
      {
        "date": "2023-12-01",
        "close": 16.077726,
        "volume": 585,
        "typical_volume": 2131.8,
        "trend": 17.60785,
        "fair_value": 17.079977,
        "relative_strength": -10.550099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.803271,
        "energy": 55.212242,
        "activity_lines": [
          16.202666,
          16.357496,
          17.154273,
          17.445111
        ]
      },
      {
        "date": "2023-12-08",
        "close": 16.275,
        "volume": 1340,
        "typical_volume": 2155.45,
        "trend": 17.584243,
        "fair_value": 17.130481,
        "relative_strength": -11.337447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.896797,
        "energy": 48.81825,
        "activity_lines": [
          16.228969,
          16.307281,
          17.016887,
          17.359121
        ]
      },
      {
        "date": "2023-12-15",
        "close": 16.768183,
        "volume": 11276,
        "typical_volume": 2545.7,
        "trend": 17.580257,
        "fair_value": 17.175275,
        "relative_strength": -9.282824,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.340288,
        "energy": 37.106798,
        "activity_lines": [
          16.39994,
          16.361083,
          16.934455,
          17.306472
        ]
      },
      {
        "date": "2023-12-22",
        "close": 17.014772,
        "volume": 3223,
        "typical_volume": 2559.5,
        "trend": 17.581309,
        "fair_value": 17.216326,
        "relative_strength": -7.491985,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.027963,
        "energy": 26.64642,
        "activity_lines": [
          16.626803,
          16.468686,
          16.882788,
          17.269989
        ]
      },
      {
        "date": "2023-12-29",
        "close": 17.261364,
        "volume": 1433,
        "typical_volume": 2529.7,
        "trend": 17.558778,
        "fair_value": 17.26369,
        "relative_strength": -5.725262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.575296,
        "energy": 24.918948,
        "activity_lines": [
          16.886546,
          16.620227,
          16.863531,
          17.249347
        ]
      },
      {
        "date": "2024-01-05",
        "close": 17.360001,
        "volume": 1415,
        "typical_volume": 2575.9,
        "trend": 17.571338,
        "fair_value": 17.31346,
        "relative_strength": -3.528231,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.912152,
        "energy": 24.870503,
        "activity_lines": [
          17.11341,
          16.784322,
          16.860712,
          17.236523
        ]
      },
      {
        "date": "2024-01-12",
        "close": 17.507956,
        "volume": 614,
        "typical_volume": 2533.35,
        "trend": 17.58724,
        "fair_value": 17.364178,
        "relative_strength": -3.051859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 3.613861,
        "energy": 22.695062,
        "activity_lines": [
          17.304107,
          16.955591,
          16.881144,
          17.232434
        ]
      },
      {
        "date": "2024-01-19",
        "close": 17.606592,
        "volume": 1292,
        "typical_volume": 2504.55,
        "trend": 17.601659,
        "fair_value": 17.404883,
        "relative_strength": -1.184772,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 6.800385,
        "energy": 25.514005,
        "activity_lines": [
          17.445486,
          17.116996,
          16.920599,
          17.233682
        ]
      },
      {
        "date": "2024-01-26",
        "close": 17.705229,
        "volume": 262,
        "typical_volume": 2475.75,
        "trend": 17.598372,
        "fair_value": 17.445037,
        "relative_strength": -3.914541,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 10.922768,
        "energy": 31.945286,
        "activity_lines": [
          17.56385,
          17.273918,
          16.975788,
          17.240364
        ]
      },
      {
        "date": "2024-02-02",
        "close": 18.099773,
        "volume": 191,
        "typical_volume": 2477.4,
        "trend": 17.596728,
        "fair_value": 17.490677,
        "relative_strength": -1.062582,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.063939,
        "energy": 57.351501,
        "activity_lines": [
          17.767698,
          17.476571,
          17.073251,
          17.272713
        ]
      },
      {
        "date": "2024-02-09",
        "close": 16.620228,
        "volume": 4861,
        "typical_volume": 2626.3,
        "trend": 17.552341,
        "fair_value": 17.528608,
        "relative_strength": -9.306783,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -16.285183,
        "energy": 18.574258,
        "activity_lines": [
          17.422471,
          17.377038,
          17.036145,
          17.209713
        ]
      },
      {
        "date": "2024-02-16",
        "close": 15.781818,
        "volume": 2599,
        "typical_volume": 2452.6,
        "trend": 17.480008,
        "fair_value": 17.559981,
        "relative_strength": -14.761612,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -54.278256,
        "energy": 30.129893,
        "activity_lines": [
          16.847091,
          17.115203,
          16.930932,
          17.095485
        ]
      },
      {
        "date": "2024-02-23",
        "close": 15.091364,
        "volume": 6248,
        "typical_volume": 2732.8,
        "trend": 17.373152,
        "fair_value": 17.589886,
        "relative_strength": -20.194283,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -79.421964,
        "energy": 60.28178,
        "activity_lines": [
          16.156637,
          16.736798,
          16.766069,
          16.941379
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.710454,
        "volume": 2254,
        "typical_volume": 2738.05,
        "trend": 17.200538,
        "fair_value": 17.609164,
        "relative_strength": -26.753433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.022193,
        "energy": 87.865474,
        "activity_lines": [
          15.173561,
          16.137806,
          16.480023,
          16.705076
        ]
      },
      {
        "date": "2024-03-08",
        "close": 13.118637,
        "volume": 4879,
        "typical_volume": 2938.15,
        "trend": 17.013129,
        "fair_value": 17.623465,
        "relative_strength": -30.285101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.799913,
        "energy": 95.87855,
        "activity_lines": [
          14.25953,
          15.49129,
          16.153114,
          16.441728
        ]
      },
      {
        "date": "2024-03-15",
        "close": 12.428183,
        "volume": 2611,
        "typical_volume": 2907.35,
        "trend": 16.784622,
        "fair_value": 17.630975,
        "relative_strength": -34.565331,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.429932,
        "energy": 96.286411,
        "activity_lines": [
          13.447425,
          14.794558,
          15.778766,
          16.145925
        ]
      },
      {
        "date": "2024-03-22",
        "close": 12.674773,
        "volume": 2877,
        "typical_volume": 3008.45,
        "trend": 16.556114,
        "fair_value": 17.644206,
        "relative_strength": -32.690922,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.88897,
        "energy": 91.977627,
        "activity_lines": [
          12.996985,
          14.232331,
          15.44622,
          15.880773
        ]
      },
      {
        "date": "2024-03-29",
        "close": 13.710454,
        "volume": 2909,
        "typical_volume": 2995.15,
        "trend": 16.381857,
        "fair_value": 17.656386,
        "relative_strength": -27.300266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.039388,
        "energy": 86.67233,
        "activity_lines": [
          13.098909,
          13.946285,
          15.228046,
          15.697182
        ]
      },
      {
        "date": "2024-04-05",
        "close": 13.217273,
        "volume": 3078,
        "typical_volume": 2749.3,
        "trend": 16.199379,
        "fair_value": 17.665997,
        "relative_strength": -28.2239,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.012306,
        "energy": 65.864034,
        "activity_lines": [
          13.1285,
          13.641409,
          14.975584,
          15.493016
        ]
      },
      {
        "date": "2024-04-12",
        "close": 14.006364,
        "volume": 2578,
        "typical_volume": 2826.25,
        "trend": 16.018546,
        "fair_value": 17.68244,
        "relative_strength": -23.108737,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.784078,
        "energy": 54.932657,
        "activity_lines": [
          13.454,
          13.561604,
          14.812834,
          15.351531
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.217273,
        "volume": 2225,
        "typical_volume": 2908.25,
        "trend": 15.822917,
        "fair_value": 17.696191,
        "relative_strength": -27.140647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.849739,
        "energy": 44.39254,
        "activity_lines": [
          13.457288,
          13.412752,
          14.585735,
          15.170803
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.118637,
        "volume": 764,
        "typical_volume": 2879.45,
        "trend": 15.691402,
        "fair_value": 17.708718,
        "relative_strength": -27.845862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.214702,
        "energy": 43.178836,
        "activity_lines": [
          13.375091,
          13.307839,
          14.362864,
          14.996334
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.710454,
        "volume": 5706,
        "typical_volume": 2600.95,
        "trend": 15.573038,
        "fair_value": 17.72563,
        "relative_strength": -22.973769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.434426,
        "energy": 35.380238,
        "activity_lines": [
          13.460576,
          13.358951,
          14.211387,
          14.868531
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.513182,
        "volume": 1395,
        "typical_volume": 2509.55,
        "trend": 15.457962,
        "fair_value": 17.740687,
        "relative_strength": -26.087401,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.486022,
        "energy": 36.016639,
        "activity_lines": [
          13.480303,
          13.399302,
          14.055682,
          14.735637
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.710454,
        "volume": 264,
        "typical_volume": 2451.1,
        "trend": 15.349462,
        "fair_value": 17.754642,
        "relative_strength": -24.156924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.089866,
        "energy": 31.293886,
        "activity_lines": [
          13.54606,
          13.479107,
          13.93544,
          14.622894
        ]
      },
      {
        "date": "2024-05-24",
        "close": 14.006364,
        "volume": 891,
        "typical_volume": 2424.9,
        "trend": 15.273841,
        "fair_value": 17.768719,
        "relative_strength": -21.422923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.590263,
        "energy": 23.31174,
        "activity_lines": [
          13.730182,
          13.601955,
          13.860288,
          14.536243
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.414546,
        "volume": 1517,
        "typical_volume": 2470.05,
        "trend": 15.188356,
        "fair_value": 17.77782,
        "relative_strength": -23.253084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.577307,
        "energy": 26.740603,
        "activity_lines": [
          13.664424,
          13.588504,
          13.744743,
          14.416288
        ]
      },
      {
        "date": "2024-06-07",
        "close": 13.611818,
        "volume": 4006,
        "typical_volume": 2605.75,
        "trend": 15.096296,
        "fair_value": 17.788185,
        "relative_strength": -21.761819,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.805054,
        "energy": 23.450757,
        "activity_lines": [
          13.644697,
          13.597471,
          13.667477,
          14.314576
        ]
      },
      {
        "date": "2024-06-14",
        "close": 12.625455,
        "volume": 2188,
        "typical_volume": 2702.05,
        "trend": 14.974644,
        "fair_value": 17.792228,
        "relative_strength": -22.181305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.85551,
        "energy": 42.740065,
        "activity_lines": [
          13.302758,
          13.428893,
          13.515296,
          14.155167
        ]
      },
      {
        "date": "2024-06-21",
        "close": 12.625455,
        "volume": 3584,
        "typical_volume": 2871.7,
        "trend": 14.852993,
        "fair_value": 17.799228,
        "relative_strength": -22.950722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.532114,
        "energy": 59.890927,
        "activity_lines": [
          13.02,
          13.271075,
          13.387303,
          14.003606
        ]
      },
      {
        "date": "2024-06-28",
        "close": 13.217273,
        "volume": 2906,
        "typical_volume": 2773.95,
        "trend": 14.757644,
        "fair_value": 17.810613,
        "relative_strength": -17.257151,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.603318,
        "energy": 54.186979,
        "activity_lines": [
          13.006849,
          13.245967,
          13.341743,
          13.898076
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13.315909,
        "volume": 7116,
        "typical_volume": 2999.8,
        "trend": 14.659008,
        "fair_value": 17.820856,
        "relative_strength": -18.168624,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.599948,
        "energy": 49.8616,
        "activity_lines": [
          13.079182,
          13.238794,
          13.32178,
          13.805061
        ]
      },
      {
        "date": "2024-07-12",
        "close": 13.710454,
        "volume": 1327,
        "typical_volume": 2753.75,
        "trend": 14.557084,
        "fair_value": 17.831853,
        "relative_strength": -15.771451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.25348,
        "energy": 28.150658,
        "activity_lines": [
          13.289606,
          13.299769,
          13.351136,
          13.743864
        ]
      },
      {
        "date": "2024-07-19",
        "close": 13.217273,
        "volume": 566,
        "typical_volume": 2669.35,
        "trend": 14.4305,
        "fair_value": 17.839098,
        "relative_strength": -16.250618,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.695796,
        "energy": 18.53045,
        "activity_lines": [
          13.329061,
          13.271074,
          13.340099,
          13.657424
        ]
      },
      {
        "date": "2024-07-26",
        "close": 15.683182,
        "volume": 9005,
        "typical_volume": 2875.65,
        "trend": 14.377894,
        "fair_value": 17.85387,
        "relative_strength": -0.071834,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 18.240679,
        "energy": 24.696691,
        "activity_lines": [
          14.15103,
          13.696108,
          13.566258,
          13.738243
        ]
      },
      {
        "date": "2024-08-02",
        "close": 15.091364,
        "volume": 958,
        "typical_volume": 2793.0,
        "trend": 14.302273,
        "fair_value": 17.86603,
        "relative_strength": 0.145103,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.43298,
        "energy": 36.702848,
        "activity_lines": [
          14.571879,
          13.97767,
          13.723841,
          13.784273
        ]
      },
      {
        "date": "2024-08-09",
        "close": 14.795455,
        "volume": 985,
        "typical_volume": 2698.4,
        "trend": 14.211856,
        "fair_value": 17.878069,
        "relative_strength": -1.588681,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.865049,
        "energy": 52.095277,
        "activity_lines": [
          14.769152,
          14.185703,
          13.840561,
          13.816091
        ]
      },
      {
        "date": "2024-08-16",
        "close": 15.683182,
        "volume": 10397,
        "typical_volume": 3072.8,
        "trend": 14.147743,
        "fair_value": 17.895797,
        "relative_strength": 2.353822,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 46.343073,
        "energy": 66.701226,
        "activity_lines": [
          15.163697,
          14.530033,
          14.031727,
          13.911015
        ]
      },
      {
        "date": "2024-08-23",
        "close": 15.584546,
        "volume": 277,
        "typical_volume": 2932.75,
        "trend": 14.077053,
        "fair_value": 17.911711,
        "relative_strength": 0.607083,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 40.052112,
        "energy": 63.635884,
        "activity_lines": [
          15.393849,
          14.818769,
          14.204106,
          14.003712
        ]
      },
      {
        "date": "2024-08-30",
        "close": 16.768183,
        "volume": 7046,
        "typical_volume": 3156.15,
        "trend": 14.032667,
        "fair_value": 17.936395,
        "relative_strength": 7.887332,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 83.980955,
        "energy": 80.627705,
        "activity_lines": [
          15.860728,
          15.26891,
          14.47794,
          14.177334
        ]
      },
      {
        "date": "2024-09-06",
        "close": 16.768183,
        "volume": 2157,
        "typical_volume": 3152.75,
        "trend": 14.037599,
        "fair_value": 17.962262,
        "relative_strength": 12.295132,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.597843,
        "energy": 83.586064,
        "activity_lines": [
          16.255274,
          15.643728,
          14.738622,
          14.353819
        ]
      },
      {
        "date": "2024-09-13",
        "close": 16.669546,
        "volume": 1502,
        "typical_volume": 3189.65,
        "trend": 14.06719,
        "fair_value": 17.986905,
        "relative_strength": 10.363993,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.474538,
        "energy": 81.491993,
        "activity_lines": [
          16.505152,
          15.93605,
          14.973,
          14.523622
        ]
      },
      {
        "date": "2024-09-20",
        "close": 16.57091,
        "volume": 561,
        "typical_volume": 2932.4,
        "trend": 14.116508,
        "fair_value": 18.012099,
        "relative_strength": 9.664852,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.006809,
        "energy": 75.419367,
        "activity_lines": [
          16.597213,
          16.149464,
          15.181076,
          14.685152
        ]
      },
      {
        "date": "2024-09-27",
        "close": 16.275,
        "volume": 3310,
        "typical_volume": 3028.15,
        "trend": 14.201993,
        "fair_value": 18.012328,
        "relative_strength": 3.977275,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.052807,
        "energy": 57.701664,
        "activity_lines": [
          16.531455,
          16.257067,
          15.347349,
          14.824409
        ]
      },
      {
        "date": "2024-10-04",
        "close": 17.162727,
        "volume": 2625,
        "typical_volume": 3146.2,
        "trend": 14.336796,
        "fair_value": 17.995773,
        "relative_strength": 13.473607,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.035193,
        "energy": 54.251933,
        "activity_lines": [
          16.715576,
          16.47048,
          15.585016,
          15.015425
        ]
      },
      {
        "date": "2024-10-11",
        "close": 17.360001,
        "volume": 2767,
        "typical_volume": 3240.0,
        "trend": 14.50119,
        "fair_value": 17.985215,
        "relative_strength": 14.368858,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.352739,
        "energy": 55.68529,
        "activity_lines": [
          16.939152,
          16.69286,
          15.825031,
          15.21047
        ]
      },
      {
        "date": "2024-10-18",
        "close": 16.669546,
        "volume": 1567,
        "typical_volume": 3242.5,
        "trend": 14.634349,
        "fair_value": 17.964315,
        "relative_strength": 9.628008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.221863,
        "energy": 47.633286,
        "activity_lines": [
          16.893122,
          16.748455,
          15.983319,
          15.350364
        ]
      },
      {
        "date": "2024-10-25",
        "close": 16.768183,
        "volume": 8267,
        "typical_volume": 3455.55,
        "trend": 14.736273,
        "fair_value": 17.940499,
        "relative_strength": 12.146827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.396145,
        "energy": 48.609376,
        "activity_lines": [
          16.87997,
          16.78791,
          16.135501,
          15.488031
        ]
      },
      {
        "date": "2024-11-01",
        "close": 16.768183,
        "volume": 276,
        "typical_volume": 3359.95,
        "trend": 14.854637,
        "fair_value": 17.919049,
        "relative_strength": 13.489886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.649219,
        "energy": 44.411627,
        "activity_lines": [
          16.853668,
          16.807637,
          16.272652,
          15.619122
        ]
      },
      {
        "date": "2024-11-08",
        "close": 16.275,
        "volume": 789,
        "typical_volume": 3220.2,
        "trend": 14.930258,
        "fair_value": 17.901536,
        "relative_strength": 11.32349,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.955518,
        "energy": 31.230177,
        "activity_lines": [
          16.630092,
          16.716174,
          16.343107,
          15.710758
        ]
      },
      {
        "date": "2024-11-15",
        "close": 16.57091,
        "volume": 4835,
        "typical_volume": 3316.65,
        "trend": 15.042046,
        "fair_value": 17.891833,
        "relative_strength": 14.391285,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.784033,
        "energy": 25.947419,
        "activity_lines": [
          16.564334,
          16.68748,
          16.424364,
          15.816607
        ]
      },
      {
        "date": "2024-11-22",
        "close": 16.176363,
        "volume": 511,
        "typical_volume": 2986.4,
        "trend": 15.14397,
        "fair_value": 17.87487,
        "relative_strength": 11.894832,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.463424,
        "energy": 19.047775,
        "activity_lines": [
          16.419667,
          16.590637,
          16.452076,
          15.889788
        ]
      },
      {
        "date": "2024-11-29",
        "close": 14.795455,
        "volume": 4781,
        "typical_volume": 3159.1,
        "trend": 15.180137,
        "fair_value": 17.846689,
        "relative_strength": 2.766791,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.015301,
        "energy": 18.39652,
        "activity_lines": [
          15.847576,
          16.251686,
          16.334652,
          15.867303
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.414546,
        "volume": 35135,
        "typical_volume": 4887.55,
        "trend": 15.176849,
        "fair_value": 17.816753,
        "relative_strength": -8.917179,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -45.748421,
        "energy": 44.010871,
        "activity_lines": [
          14.946697,
          15.693943,
          16.080546,
          15.753394
        ]
      },
      {
        "date": "2024-12-13",
        "close": 14.400909,
        "volume": 8042,
        "typical_volume": 4839.4,
        "trend": 15.199864,
        "fair_value": 17.794324,
        "relative_strength": -1.740228,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.575369,
        "energy": 51.80755,
        "activity_lines": [
          14.598182,
          15.367546,
          15.91944,
          15.703334
        ]
      },
      {
        "date": "2024-12-20",
        "close": 14.203636,
        "volume": 1416,
        "typical_volume": 4862.3,
        "trend": 15.20644,
        "fair_value": 17.775952,
        "relative_strength": -1.00213,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.091712,
        "energy": 61.624601,
        "activity_lines": [
          14.308848,
          15.055496,
          15.745652,
          15.639061
        ]
      },
      {
        "date": "2024-12-27",
        "close": 15.091364,
        "volume": 3944,
        "typical_volume": 5010.25,
        "trend": 15.262334,
        "fair_value": 17.744936,
        "relative_strength": 4.269012,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.449524,
        "energy": 53.470617,
        "activity_lines": [
          14.473243,
          14.96224,
          15.660637,
          15.631637
        ]
      },
      {
        "date": "2025-01-03",
        "close": 15.683182,
        "volume": 847,
        "typical_volume": 4532.75,
        "trend": 15.331379,
        "fair_value": 17.716531,
        "relative_strength": 9.645521,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.594274,
        "energy": 23.000519,
        "activity_lines": [
          14.907243,
          15.005281,
          15.630576,
          15.658788
        ]
      },
      {
        "date": "2025-01-10",
        "close": 15.584546,
        "volume": 500,
        "typical_volume": 4543.9,
        "trend": 15.430016,
        "fair_value": 17.688677,
        "relative_strength": 7.033859,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -9.803549,
        "energy": 8.480232,
        "activity_lines": [
          15.249182,
          15.050116,
          15.591122,
          15.675122
        ]
      },
      {
        "date": "2025-01-17",
        "close": 15.091364,
        "volume": 995,
        "typical_volume": 4241.35,
        "trend": 15.512213,
        "fair_value": 17.66121,
        "relative_strength": 0.324214,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -5.482417,
        "energy": 11.918874,
        "activity_lines": [
          15.282061,
          15.026802,
          15.504697,
          15.653273
        ]
      },
      {
        "date": "2025-01-24",
        "close": 14.992727,
        "volume": 2519,
        "typical_volume": 4259.45,
        "trend": 15.571394,
        "fair_value": 17.631927,
        "relative_strength": -2.659991,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -6.05005,
        "energy": 11.068029,
        "activity_lines": [
          15.23603,
          15.007075,
          15.416864,
          15.619758
        ]
      },
      {
        "date": "2025-01-31",
        "close": 15.979092,
        "volume": 7072,
        "typical_volume": 4537.95,
        "trend": 15.660167,
        "fair_value": 17.591224,
        "relative_strength": 3.834161,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.513903,
        "energy": 13.865201,
        "activity_lines": [
          15.466182,
          15.19538,
          15.431425,
          15.646061
        ]
      },
      {
        "date": "2025-02-07",
        "close": 15.979092,
        "volume": 13571,
        "typical_volume": 5188.45,
        "trend": 15.735788,
        "fair_value": 17.552887,
        "relative_strength": 3.710727,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.237424,
        "energy": 11.557855,
        "activity_lines": [
          15.637152,
          15.387273,
          15.449273,
          15.666637
        ]
      },
      {
        "date": "2025-02-14",
        "close": 16.965456,
        "volume": 757,
        "typical_volume": 5060.8,
        "trend": 15.860728,
        "fair_value": 17.529152,
        "relative_strength": 7.300027,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.135471,
        "energy": 23.753791,
        "activity_lines": [
          16.117183,
          15.736984,
          15.563879,
          15.74597
        ]
      },
      {
        "date": "2025-02-21",
        "close": 17.064091,
        "volume": 2998,
        "typical_volume": 5079.45,
        "trend": 15.906758,
        "fair_value": 17.515514,
        "relative_strength": 8.028816,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.441046,
        "energy": 36.404792,
        "activity_lines": [
          16.538031,
          16.040067,
          15.684591,
          15.823607
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.472273,
        "volume": 1206,
        "typical_volume": 5001.4,
        "trend": 15.952788,
        "fair_value": 17.502813,
        "relative_strength": 4.519346,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.534745,
        "energy": 42.390443,
        "activity_lines": [
          16.630092,
          16.187125,
          15.74941,
          15.860091
        ]
      },
      {
        "date": "2025-03-07",
        "close": 16.275,
        "volume": 2432,
        "typical_volume": 5044.65,
        "trend": 16.002107,
        "fair_value": 17.494763,
        "relative_strength": 2.774615,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.304351,
        "energy": 42.546547,
        "activity_lines": [
          16.557758,
          16.257067,
          15.799667,
          15.880879
        ]
      },
      {
        "date": "2025-03-14",
        "close": 16.669546,
        "volume": 2027,
        "typical_volume": 4732.65,
        "trend": 16.034985,
        "fair_value": 17.490424,
        "relative_strength": 5.900544,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.813616,
        "energy": 32.551554,
        "activity_lines": [
          16.597212,
          16.377224,
          15.889379,
          15.92394
        ]
      },
      {
        "date": "2025-03-21",
        "close": 15.979092,
        "volume": 831,
        "typical_volume": 4760.4,
        "trend": 16.048137,
        "fair_value": 17.486391,
        "relative_strength": 0.901533,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 12.44847,
        "energy": 11.359677,
        "activity_lines": [
          16.360485,
          16.35391,
          15.913804,
          15.920334
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.683182,
        "volume": 3129,
        "typical_volume": 4877.4,
        "trend": 16.01197,
        "fair_value": 17.470998,
        "relative_strength": 0.316089,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.033205,
        "energy": 5.305502,
        "activity_lines": [
          16.090879,
          16.26962,
          15.913803,
          15.896788
        ]
      },
      {
        "date": "2025-04-04",
        "close": 15.683182,
        "volume": 4186,
        "typical_volume": 4844.95,
        "trend": 15.975803,
        "fair_value": 17.452057,
        "relative_strength": 8.610877,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.495109,
        "energy": 9.110412,
        "activity_lines": [
          15.913334,
          16.174571,
          15.916622,
          15.875576
        ]
      },
      {
        "date": "2025-04-11",
        "close": 14.795455,
        "volume": 1670,
        "typical_volume": 4902.9,
        "trend": 15.913334,
        "fair_value": 17.418553,
        "relative_strength": 4.578496,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.471341,
        "energy": 29.600004,
        "activity_lines": [
          15.492485,
          15.905562,
          15.839122,
          15.799425
        ]
      },
      {
        "date": "2025-04-18",
        "close": 14.992727,
        "volume": 460,
        "typical_volume": 4686.85,
        "trend": 15.860728,
        "fair_value": 17.379215,
        "relative_strength": 2.93155,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.718072,
        "energy": 38.610941,
        "activity_lines": [
          15.23603,
          15.693942,
          15.786985,
          15.740031
        ]
      },
      {
        "date": "2025-04-25",
        "close": 15.19,
        "volume": 408,
        "typical_volume": 2950.5,
        "trend": 15.824561,
        "fair_value": 17.331679,
        "relative_strength": 0.440576,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.790313,
        "energy": 41.753367,
        "activity_lines": [
          15.157121,
          15.536124,
          15.752697,
          15.696758
        ]
      },
      {
        "date": "2025-05-02",
        "close": 17.148918,
        "volume": 11066,
        "typical_volume": 3101.7,
        "trend": 15.824101,
        "fair_value": 17.297292,
        "relative_strength": 9.467834,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.23219,
        "energy": 11.171755,
        "activity_lines": [
          15.783791,
          15.766754,
          15.896518,
          15.7822
        ]
      },
      {
        "date": "2025-05-09",
        "close": 18.936209,
        "volume": 9283,
        "typical_volume": 3495.05,
        "trend": 15.876641,
        "fair_value": 17.281459,
        "relative_strength": 20.374005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.385867,
        "energy": 63.742898,
        "activity_lines": [
          16.908508,
          16.320803,
          16.197472,
          15.982982
        ]
      },
      {
        "date": "2025-05-16",
        "close": 18.642273,
        "volume": 8402,
        "typical_volume": 3717.95,
        "trend": 15.942399,
        "fair_value": 17.257828,
        "relative_strength": 15.607914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.642689,
        "energy": 79.972846,
        "activity_lines": [
          17.718379,
          16.776611,
          16.447896,
          16.161409
        ]
      },
      {
        "date": "2025-05-23",
        "close": 19.924547,
        "volume": 5345,
        "typical_volume": 3942.85,
        "trend": 16.047611,
        "fair_value": 17.241233,
        "relative_strength": 24.998252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.074187,
        "energy": 89.227513,
        "activity_lines": [
          18.699219,
          17.422518,
          16.803532,
          16.418322
        ]
      },
      {
        "date": "2025-05-30",
        "close": 20.713636,
        "volume": 7883,
        "typical_volume": 4312.0,
        "trend": 16.179126,
        "fair_value": 17.222599,
        "relative_strength": 28.464217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.574599,
        "energy": 93.843572,
        "activity_lines": [
          19.614302,
          18.152714,
          17.214122,
          16.719356
        ]
      },
      {
        "date": "2025-06-06",
        "close": 20.91091,
        "volume": 1540,
        "typical_volume": 4339.25,
        "trend": 16.333656,
        "fair_value": 17.204046,
        "relative_strength": 27.652975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.547605,
        "energy": 91.914274,
        "activity_lines": [
          20.226899,
          18.832695,
          17.619076,
          17.024632
        ]
      },
      {
        "date": "2025-06-13",
        "close": 21.305454,
        "volume": 6293,
        "typical_volume": 4527.95,
        "trend": 16.491474,
        "fair_value": 17.161418,
        "relative_strength": 30.789711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.70964,
        "energy": 88.63471,
        "activity_lines": [
          20.720212,
          19.489362,
          18.033893,
          17.345394
        ]
      },
      {
        "date": "2025-06-20",
        "close": 21.305454,
        "volume": 2037,
        "typical_volume": 4276.2,
        "trend": 16.662444,
        "fair_value": 17.142031,
        "relative_strength": 31.057302,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.966726,
        "energy": 75.374539,
        "activity_lines": [
          21.055576,
          20.043806,
          18.41865,
          17.655973
        ]
      },
      {
        "date": "2025-06-27",
        "close": 21.799999,
        "volume": 2354,
        "typical_volume": 3715.35,
        "trend": 16.895929,
        "fair_value": 17.134988,
        "relative_strength": 31.067277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.630343,
        "energy": 64.707039,
        "activity_lines": [
          21.378242,
          20.569803,
          18.825143,
          17.987428
        ]
      },
      {
        "date": "2025-07-04",
        "close": 20.0,
        "volume": 3079,
        "typical_volume": 3831.45,
        "trend": 17.115444,
        "fair_value": 17.128639,
        "relative_strength": 19.255342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.455817,
        "energy": 55.282159,
        "activity_lines": [
          20.975878,
          20.64476,
          19.032489,
          18.187691
        ]
      },
      {
        "date": "2025-07-11",
        "close": 20.6,
        "volume": 2829,
        "typical_volume": 3823.0,
        "trend": 17.32208,
        "fair_value": 17.116961,
        "relative_strength": 19.84056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.511652,
        "energy": 47.252533,
        "activity_lines": [
          20.821091,
          20.741352,
          19.282527,
          18.412501
        ]
      },
      {
        "date": "2025-07-18",
        "close": 20.6,
        "volume": 1855,
        "typical_volume": 3855.45,
        "trend": 17.535292,
        "fair_value": 17.105284,
        "relative_strength": 19.02543,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.969688,
        "energy": 36.009441,
        "activity_lines": [
          20.68703,
          20.775198,
          19.515728,
          18.62398
        ]
      },
      {
        "date": "2025-07-25",
        "close": 21.4,
        "volume": 2280,
        "typical_volume": 3847.85,
        "trend": 17.74558,
        "fair_value": 17.099347,
        "relative_strength": 22.771176,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.450948,
        "energy": 33.048921,
        "activity_lines": [
          20.866667,
          20.924248,
          19.805463,
          18.873316
        ]
      },
      {
        "date": "2025-08-01",
        "close": 20.799999,
        "volume": 1091,
        "typical_volume": 3801.05,
        "trend": 17.916141,
        "fair_value": 17.072438,
        "relative_strength": 23.17086,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.17829,
        "energy": 30.928487,
        "activity_lines": [
          20.84,
          20.914066,
          20.013651,
          19.070375
        ]
      },
      {
        "date": "2025-08-08",
        "close": 21.0,
        "volume": 1425,
        "typical_volume": 3830.75,
        "trend": 18.096656,
        "fair_value": 17.044977,
        "relative_strength": 20.492983,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.707672,
        "energy": 34.47031,
        "activity_lines": [
          20.946666,
          20.92433,
          20.221217,
          19.269333
        ]
      },
      {
        "date": "2025-08-15",
        "close": 20.6,
        "volume": 365,
        "typical_volume": 3692.55,
        "trend": 18.280277,
        "fair_value": 17.021068,
        "relative_strength": 15.019907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.649375,
        "energy": 29.194044,
        "activity_lines": [
          20.853333,
          20.856661,
          20.366779,
          19.43084
        ]
      },
      {
        "date": "2025-08-22",
        "close": 21.0,
        "volume": 789,
        "typical_volume": 3522.7,
        "trend": 18.48052,
        "fair_value": 17.005227,
        "relative_strength": 16.002394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.541446,
        "energy": 31.685487,
        "activity_lines": [
          20.893333,
          20.867372,
          20.527023,
          19.606306
        ]
      },
      {
        "date": "2025-08-29",
        "close": 20.799999,
        "volume": 1703,
        "typical_volume": 3524.35,
        "trend": 18.641216,
        "fair_value": 16.986269,
        "relative_strength": 18.358089,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.233492,
        "energy": 25.55503,
        "activity_lines": [
          20.84,
          20.847272,
          20.642901,
          19.755949
        ]
      },
      {
        "date": "2025-09-05",
        "close": 19.4,
        "volume": 841,
        "typical_volume": 3543.4,
        "trend": 18.755247,
        "fair_value": 16.960784,
        "relative_strength": 10.580199,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.287347,
        "energy": 10.092448,
        "activity_lines": [
          20.36,
          20.581818,
          20.596853,
          19.804903
        ]
      },
      {
        "date": "2025-09-12",
        "close": 19.1,
        "volume": 1017,
        "typical_volume": 3573.85,
        "trend": 18.826398,
        "fair_value": 16.930317,
        "relative_strength": 6.590486,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.085669,
        "energy": 10.314589,
        "activity_lines": [
          19.873333,
          20.305454,
          20.501246,
          19.827145
        ]
      },
      {
        "date": "2025-09-19",
        "close": 20.4,
        "volume": 1521,
        "typical_volume": 3096.6,
        "trend": 18.937595,
        "fair_value": 16.928367,
        "relative_strength": 13.06581,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.270015,
        "energy": 14.272197,
        "activity_lines": [
          19.946667,
          20.281818,
          20.51083,
          19.928668
        ]
      },
      {
        "date": "2025-09-26",
        "close": 20.6,
        "volume": 2476,
        "typical_volume": 2756.25,
        "trend": 19.075186,
        "fair_value": 16.929534,
        "relative_strength": 13.424528,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.335274,
        "energy": 14.652064,
        "activity_lines": [
          20.1,
          20.298182,
          20.52398,
          20.03592
        ]
      },
      {
        "date": "2025-10-03",
        "close": 24.0,
        "volume": 15213,
        "typical_volume": 3096.8,
        "trend": 19.332686,
        "fair_value": 16.961669,
        "relative_strength": 27.957229,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 72.992446,
        "energy": 49.079909,
        "activity_lines": [
          21.413333,
          20.932727,
          20.853017,
          20.35365
        ]
      },
      {
        "date": "2025-10-10",
        "close": 22.799999,
        "volume": 4470,
        "typical_volume": 3053.05,
        "trend": 19.537035,
        "fair_value": 16.984278,
        "relative_strength": 23.467865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.107974,
        "energy": 65.636369,
        "activity_lines": [
          22.113333,
          21.301818,
          21.042255,
          20.577347
        ]
      },
      {
        "date": "2025-10-17",
        "close": 24.4,
        "volume": 4145,
        "typical_volume": 2866.15,
        "trend": 19.817731,
        "fair_value": 17.016531,
        "relative_strength": 27.156939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.20051,
        "energy": 81.320029,
        "activity_lines": [
          23.12,
          21.925454,
          21.370182,
          20.891087
        ]
      },
      {
        "date": "2025-10-24",
        "close": 24.4,
        "volume": 3782,
        "typical_volume": 2978.25,
        "trend": 20.108292,
        "fair_value": 17.061629,
        "relative_strength": 25.610887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.843888,
        "energy": 84.442143,
        "activity_lines": [
          23.773333,
          22.487273,
          21.680554,
          21.186717
        ]
      },
      {
        "date": "2025-10-31",
        "close": 23.799999,
        "volume": 10273,
        "typical_volume": 3177.25,
        "trend": 20.378853,
        "fair_value": 17.10869,
        "relative_strength": 23.428697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.027576,
        "energy": 76.34435,
        "activity_lines": [
          23.96,
          22.870909,
          21.917169,
          21.424892
        ]
      },
      {
        "date": "2025-11-07",
        "close": 22.799999,
        "volume": 10497,
        "typical_volume": 3600.25,
        "trend": 20.645671,
        "fair_value": 17.143225,
        "relative_strength": 20.151554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.257501,
        "energy": 56.595919,
        "activity_lines": [
          23.599999,
          23.021818,
          22.046666,
          21.581095
        ]
      },
      {
        "date": "2025-11-14",
        "close": 23.200001,
        "volume": 5192,
        "typical_volume": 3742.15,
        "trend": 20.919247,
        "fair_value": 17.173291,
        "relative_strength": 18.43419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.226842,
        "energy": 40.104814,
        "activity_lines": [
          23.453333,
          23.209091,
          22.207143,
          21.745891
        ]
      },
      {
        "date": "2025-11-21",
        "close": 22.6,
        "volume": 1692,
        "typical_volume": 3672.8,
        "trend": 21.166247,
        "fair_value": 17.200427,
        "relative_strength": 17.513355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.86914,
        "energy": 25.838461,
        "activity_lines": [
          23.08,
          23.218182,
          22.303809,
          21.854326
        ]
      },
      {
        "date": "2025-11-28",
        "close": 22.6,
        "volume": 2073,
        "typical_volume": 3635.0,
        "trend": 21.347949,
        "fair_value": 17.229399,
        "relative_strength": 14.81131,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.959589,
        "energy": 19.033832,
        "activity_lines": [
          22.826667,
          23.163636,
          22.388095,
          21.946826
        ]
      },
      {
        "date": "2025-12-05",
        "close": 22.6,
        "volume": 3199,
        "typical_volume": 3702.2,
        "trend": 21.470076,
        "fair_value": 17.264181,
        "relative_strength": 14.038269,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.8705,
        "energy": 16.501462,
        "activity_lines": [
          22.693333,
          23.069091,
          22.462857,
          22.027604
        ]
      },
      {
        "date": "2025-12-12",
        "close": 22.6,
        "volume": 1263,
        "typical_volume": 3651.35,
        "trend": 21.602,
        "fair_value": 17.305385,
        "relative_strength": 13.920961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.680323,
        "energy": 16.401134,
        "activity_lines": [
          22.64,
          22.938182,
          22.528095,
          22.100502
        ]
      },
      {
        "date": "2025-12-19",
        "close": 23.4,
        "volume": 5417,
        "typical_volume": 3867.65,
        "trend": 21.717848,
        "fair_value": 17.355081,
        "relative_strength": 15.923511,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.125453,
        "energy": 18.541119,
        "activity_lines": [
          22.866667,
          22.978182,
          22.663809,
          22.216502
        ]
      },
      {
        "date": "2025-12-26",
        "close": 22.4,
        "volume": 3233,
        "typical_volume": 3958.05,
        "trend": 21.77406,
        "fair_value": 17.397755,
        "relative_strength": 11.009884,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.737053,
        "energy": 14.64461,
        "activity_lines": [
          22.746667,
          22.825455,
          22.691905,
          22.260512
        ]
      },
      {
        "date": "2026-01-02",
        "close": 23.4,
        "volume": 4179,
        "typical_volume": 4148.75,
        "trend": 21.85703,
        "fair_value": 17.4395,
        "relative_strength": 14.05101,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.638159,
        "energy": 24.780396,
        "activity_lines": [
          22.973333,
          22.890909,
          22.808571,
          22.365411
        ]
      },
      {
        "date": "2026-01-09",
        "close": 22.0,
        "volume": 6642,
        "typical_volume": 4441.4,
        "trend": 21.880182,
        "fair_value": 17.461261,
        "relative_strength": 4.658485,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.79811,
        "energy": 9.513393,
        "activity_lines": [
          22.68,
          22.72,
          22.778571,
          22.374635
        ]
      },
      {
        "date": "2026-01-16",
        "close": 22.4,
        "volume": 2688,
        "typical_volume": 4490.65,
        "trend": 21.916667,
        "fair_value": 17.492926,
        "relative_strength": 7.272859,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.227736,
        "energy": 9.902243,
        "activity_lines": [
          22.56,
          22.654545,
          22.781905,
          22.408172
        ]
      },
      {
        "date": "2026-01-23",
        "close": 23.200001,
        "volume": 4262,
        "typical_volume": 4661.7,
        "trend": 21.963333,
        "fair_value": 17.528191,
        "relative_strength": 11.870217,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.222525,
        "energy": 12.717346,
        "activity_lines": [
          22.72,
          22.741818,
          22.85381,
          22.490968
        ]
      },
      {
        "date": "2026-01-30",
        "close": 22.200001,
        "volume": 3210,
        "typical_volume": 4771.35,
        "trend": 22.036667,
        "fair_value": 17.550011,
        "relative_strength": 6.684297,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.461285,
        "energy": 7.943421,
        "activity_lines": [
          22.560001,
          22.647273,
          22.812381,
          22.506237
        ]
      },
      {
        "date": "2026-02-06",
        "close": 21.6,
        "volume": 9429,
        "typical_volume": 5166.75,
        "trend": 22.07,
        "fair_value": 17.557588,
        "relative_strength": 1.490552,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 0.865191,
        "energy": 9.65706,
        "activity_lines": [
          22.213334,
          22.450909,
          22.699048,
          22.478065
        ]
      },
      {
        "date": "2026-02-13",
        "close": 20.4,
        "volume": 9549,
        "typical_volume": 5520.4,
        "trend": 22.063333,
        "fair_value": 17.561142,
        "relative_strength": -4.855165,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -33.472317,
        "energy": 38.619055,
        "activity_lines": [
          21.586667,
          22.054546,
          22.465714,
          22.370323
        ]
      },
      {
        "date": "2026-02-20",
        "close": 20.200001,
        "volume": 2028,
        "typical_volume": 4861.15,
        "trend": 22.023333,
        "fair_value": 17.579928,
        "relative_strength": -8.233408,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.884142,
        "energy": 54.846255,
        "activity_lines": [
          21.000001,
          21.661819,
          22.214286,
          22.250108
        ]
      },
      {
        "date": "2026-02-27",
        "close": 21.200001,
        "volume": 4624,
        "typical_volume": 4868.85,
        "trend": 22.036667,
        "fair_value": 17.599008,
        "relative_strength": -4.734777,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.951101,
        "energy": 51.561377,
        "activity_lines": [
          20.893334,
          21.494546,
          22.076191,
          22.196989
        ]
      },
      {
        "date": "2026-03-06",
        "close": 20.799999,
        "volume": 3683,
        "typical_volume": 4845.75,
        "trend": 22.03,
        "fair_value": 17.620111,
        "relative_strength": -0.108373,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.235832,
        "energy": 50.519454,
        "activity_lines": [
          20.786667,
          21.294546,
          21.907619,
          22.117204
        ]
      },
      {
        "date": "2026-03-13",
        "close": 20.6,
        "volume": 569,
        "typical_volume": 4685.1,
        "trend": 22.03,
        "fair_value": 17.643907,
        "relative_strength": -0.431674,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.083408,
        "energy": 52.776853,
        "activity_lines": [
          20.706667,
          21.087273,
          21.737143,
          22.024946
        ]
      },
      {
        "date": "2026-03-20",
        "close": 20.799999,
        "volume": 1546,
        "typical_volume": 4248.75,
        "trend": 22.023333,
        "fair_value": 17.668986,
        "relative_strength": 3.208581,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.271081,
        "energy": 34.253476,
        "activity_lines": [
          20.76,
          20.967273,
          21.60381,
          21.945591
        ]
      },
      {
        "date": "2026-03-27",
        "close": 21.0,
        "volume": 2280,
        "typical_volume": 3837.9,
        "trend": 22.03,
        "fair_value": 17.696569,
        "relative_strength": 3.147062,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.288592,
        "energy": 30.517849,
        "activity_lines": [
          20.853333,
          20.905455,
          21.50381,
          21.87957
        ]
      },
      {
        "date": "2026-04-03",
        "close": 19.700001,
        "volume": 3623,
        "typical_volume": 3759.45,
        "trend": 22.04,
        "fair_value": 17.711844,
        "relative_strength": -6.619457,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.95857,
        "energy": 37.945704,
        "activity_lines": [
          20.46,
          20.632727,
          21.288572,
          21.729247
        ]
      },
      {
        "date": "2026-04-10",
        "close": 19.700001,
        "volume": 2083,
        "typical_volume": 3779.0,
        "trend": 22.06,
        "fair_value": 17.72773,
        "relative_strength": -10.176929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.335859,
        "energy": 39.367902,
        "activity_lines": [
          20.166667,
          20.423637,
          21.09,
          21.57828
        ]
      },
      {
        "date": "2026-04-17",
        "close": 20.299999,
        "volume": 3674,
        "typical_volume": 3859.05,
        "trend": 22.056667,
        "fair_value": 17.745934,
        "relative_strength": -9.490254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.009572,
        "energy": 38.38965,
        "activity_lines": [
          20.146667,
          20.369091,
          20.962381,
          21.464731
        ]
      },
      {
        "date": "2026-04-24",
        "close": 19.858799,
        "volume": 3035,
        "typical_volume": 3850.85,
        "trend": 22.03196,
        "fair_value": 17.761921,
        "relative_strength": -8.831863,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.369093,
        "energy": 48.452739,
        "activity_lines": [
          19.9996,
          20.257963,
          20.803695,
          21.322933
        ]
      },
      {
        "date": "2026-05-01",
        "close": 19.9576,
        "volume": 2862,
        "typical_volume": 3930.8,
        "trend": 21.897213,
        "fair_value": 17.780376,
        "relative_strength": -8.060187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.243432,
        "energy": 40.612406,
        "activity_lines": [
          19.948213,
          20.17464,
          20.667472,
          21.189104
        ]
      },
      {
        "date": "2026-05-08",
        "close": 20.747999,
        "volume": 2477,
        "typical_volume": 3783.8,
        "trend": 21.828813,
        "fair_value": 17.804509,
        "relative_strength": -4.469293,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.65556,
        "energy": 29.70578,
        "activity_lines": [
          20.229786,
          20.239432,
          20.619108,
          21.114961
        ]
      },
      {
        "date": "2026-05-15",
        "close": 22.5264,
        "volume": 9398,
        "typical_volume": 4092.05,
        "trend": 21.76636,
        "fair_value": 17.840654,
        "relative_strength": 5.450942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.858681,
        "energy": 9.824951,
        "activity_lines": [
          21.034293,
          20.635789,
          20.752745,
          21.159966
        ]
      },
      {
        "date": "2026-05-22",
        "close": 22.3288,
        "volume": 13559,
        "typical_volume": 4561.05,
        "trend": 21.69732,
        "fair_value": 17.874921,
        "relative_strength": 2.295708,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.771691,
        "energy": 18.022973,
        "activity_lines": [
          21.584506,
          20.964829,
          20.86696,
          21.196253
        ]
      },
      {
        "date": "2026-05-29",
        "close": 29.442398,
        "volume": 36360,
        "typical_volume": 6046.95,
        "trend": 21.8854,
        "fair_value": 17.948672,
        "relative_strength": 32.891735,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 53.392077,
        "energy": 67.612681,
        "activity_lines": [
          24.370666,
          22.555818,
          21.663762,
          21.695935
        ]
      },
      {
        "date": "2026-06-05",
        "close": 31.2208,
        "volume": 10761,
        "typical_volume": 6450.6,
        "trend": 22.166093,
        "fair_value": 18.039938,
        "relative_strength": 39.213053,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 93.224265,
        "energy": 95.382508,
        "activity_lines": [
          27.110719,
          24.313018,
          22.594495,
          22.298219
        ]
      },
      {
        "date": "2026-06-12",
        "close": 27.17,
        "volume": 1419,
        "typical_volume": 6308.45,
        "trend": 22.298427,
        "fair_value": 18.104933,
        "relative_strength": 18.823614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.052577,
        "energy": 84.886303,
        "activity_lines": [
          27.749626,
          25.147876,
          23.097434,
          22.621052
        ]
      },
      {
        "date": "2026-06-19",
        "close": 27.7628,
        "volume": 361,
        "typical_volume": 6166.0,
        "trend": 22.47052,
        "fair_value": 18.172809,
        "relative_strength": 19.990357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.384678,
        "energy": 86.015754,
        "activity_lines": [
          28.158,
          25.954698,
          23.637925,
          22.973592
        ]
      },
      {
        "date": "2026-06-26",
        "close": 24.799999,
        "volume": 8005,
        "typical_volume": 6094.8,
        "trend": 22.543853,
        "fair_value": 18.217656,
        "relative_strength": 7.555902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.640831,
        "energy": 64.591044,
        "activity_lines": [
          27.22968,
          26.076232,
          23.869756,
          23.123881
        ]
      },
      {
        "date": "2026-07-03",
        "close": 23.200001,
        "volume": 321,
        "typical_volume": 5633.4,
        "trend": 22.563853,
        "fair_value": 18.250034,
        "relative_strength": -0.928945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.721975,
        "energy": 30.524493,
        "activity_lines": [
          25.60328,
          25.82504,
          23.933967,
          23.166213
        ]
      },
      {
        "date": "2026-07-10",
        "close": 25.0,
        "volume": 13175,
        "typical_volume": 6190.75,
        "trend": 22.643853,
        "fair_value": 18.295215,
        "relative_strength": 8.644012,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.166504,
        "energy": 21.954458,
        "activity_lines": [
          24.99304,
          25.840371,
          24.156274,
          23.323384
        ]
      },
      {
        "date": "2026-07-17",
        "close": 23.799999,
        "volume": 3376,
        "typical_volume": 6128.35,
        "trend": 22.657187,
        "fair_value": 18.332703,
        "relative_strength": 3.272204,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.881043,
        "energy": 25.368941,
        "activity_lines": [
          24.39752,
          25.54584,
          24.241438,
          23.397974
        ]
      },
      {
        "date": "2026-07-24",
        "close": 24.799999,
        "volume": 1767,
        "typical_volume": 6032.55,
        "trend": 22.737187,
        "fair_value": 18.374389,
        "relative_strength": 7.0094,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.155916,
        "energy": 22.777241,
        "activity_lines": [
          24.359999,
          25.377636,
          24.409459,
          23.53622
        ]
      },
      {
        "date": "2026-07-31",
        "close": 24.299999,
        "volume": 12465,
        "typical_volume": 6627.35,
        "trend": 22.767187,
        "fair_value": 18.409075,
        "relative_strength": 3.088416,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.650845,
        "energy": 17.069258,
        "activity_lines": [
          24.353333,
          25.077185,
          24.510813,
          23.637047
        ]
      },
      {
        "date": "2026-08-07",
        "close": 24.700001,
        "volume": 3689,
        "typical_volume": 6734.5,
        "trend": 22.857187,
        "fair_value": 18.447275,
        "relative_strength": 2.230365,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.04211,
        "energy": 14.707543,
        "activity_lines": [
          24.513333,
          24.813622,
          24.632644,
          23.761744
        ]
      }
    ],
    "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."
    }
  }
}