{
  "ticker": {
    "uuid": "e4f20541-a26f-4a86-965a-311b719d9d47",
    "symbol": "TNZ",
    "name": "Tenaz Energy Corp.",
    "exchange": "TOR",
    "country": "CA",
    "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": "^GSPTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 90.621,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 24.192,
    "architecture_energy": 28.359,
    "architecture_maturity": 52.084,
    "architecture_confidence": 61.912,
    "architecture_tenure": "Established",
    "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": 49.82,
        "rotation_up": 59.19,
        "upward_expansion": 54.83,
        "deceleration": 61.78,
        "rotation_down": 9.64,
        "downward_expansion": 23.83
      },
      "activity_lines": [
        54.456667,
        52.250546,
        53.365714,
        53.934473
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 54.18,
    "trend_reference": 52.17,
    "distance_from_trend": 0.038528,
    "trend_direction": "Improving",
    "fair_value": 19.352372,
    "distance_from_fair_value": 1.799657,
    "fair_value_direction": "Weakening",
    "relative_strength": 21.917586,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.322754,
    "excess_performance": 0.202333,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.038528,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.199954,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.799657,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.095177,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.219176,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.484412,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.322754,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.982316,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 540400,
      "relative_activity": 0.614077,
      "balance": 0.982316,
      "dry_up": 0.954779,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.083312,
      "annualized_volatility": 0.51972,
      "from_high_reference": -0.215919,
      "from_low_reference": 1.916039
    },
    "levels": {
      "trend_reference": 52.17,
      "fair_value_reference": 19.352372,
      "structural_low": 39.41,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": 0.123041,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.108518,
        "regime_survival": 0.555556,
        "best_return": 0.461291,
        "worst_return": -0.21875,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.180203,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.14561,
        "regime_survival": 0.125,
        "best_return": 1.334173,
        "worst_return": -0.065617,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.45188,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.372334,
        "regime_survival": 0.0,
        "best_return": 1.151531,
        "worst_return": -0.08399,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.78,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.652697,
        "regime_survival": 0.0,
        "best_return": 1.631579,
        "worst_return": -0.430769,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-04-26",
        "end": "2024-05-10",
        "tenure": "New",
        "return": -0.01,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-17",
        "end": "2024-06-14",
        "tenure": "Developing",
        "return": -0.117794,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-21",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.065903,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2025-01-17",
        "tenure": "Extended",
        "return": 1.201653,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-24",
        "end": "2025-02-07",
        "tenure": "New",
        "return": 0.146617,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.173721,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.017464,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-04",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.342442,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": 0.133333,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.145304,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-12-05",
        "tenure": "Established",
        "return": -0.002581,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-12",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": 0.176742,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-16",
        "end": "2026-05-08",
        "tenure": "Established",
        "return": 0.754433,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-15",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.081228,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 3.08,
        "volume": 757500,
        "typical_volume": 418900.0,
        "trend": 2.554,
        "fair_value": 2.170833,
        "relative_strength": 39.948918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.028174,
        "energy": 61.03556,
        "activity_lines": [
          3.462,
          3.344,
          2.973571,
          2.763763
        ]
      },
      {
        "date": "2023-08-25",
        "close": 3.12,
        "volume": 259700,
        "typical_volume": 422375.0,
        "trend": 2.585333,
        "fair_value": 2.180577,
        "relative_strength": 40.253824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.799737,
        "energy": 45.274791,
        "activity_lines": [
          3.332,
          3.340182,
          3.014333,
          2.80028
        ]
      },
      {
        "date": "2023-09-01",
        "close": 3.43,
        "volume": 284300,
        "typical_volume": 428480.0,
        "trend": 2.62,
        "fair_value": 2.192949,
        "relative_strength": 47.255834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.069294,
        "energy": 39.292913,
        "activity_lines": [
          3.329333,
          3.377818,
          3.08,
          2.854774
        ]
      },
      {
        "date": "2023-09-08",
        "close": 3.46,
        "volume": 130200,
        "typical_volume": 413955.0,
        "trend": 2.652667,
        "fair_value": 2.206154,
        "relative_strength": 50.008918,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.060183,
        "energy": 33.326007,
        "activity_lines": [
          3.350667,
          3.399818,
          3.142429,
          2.908968
        ]
      },
      {
        "date": "2023-09-15",
        "close": 3.55,
        "volume": 270300,
        "typical_volume": 412300.0,
        "trend": 2.692667,
        "fair_value": 2.220256,
        "relative_strength": 47.798643,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.138603,
        "energy": 40.007229,
        "activity_lines": [
          3.413333,
          3.429091,
          3.207,
          2.96686
        ]
      },
      {
        "date": "2023-09-22",
        "close": 3.69,
        "volume": 316900,
        "typical_volume": 416645.0,
        "trend": 2.732333,
        "fair_value": 2.235577,
        "relative_strength": 57.402277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.964942,
        "energy": 49.655393,
        "activity_lines": [
          3.534,
          3.476182,
          3.278333,
          3.031204
        ]
      },
      {
        "date": "2023-09-29",
        "close": 3.81,
        "volume": 387800,
        "typical_volume": 430130.0,
        "trend": 2.774667,
        "fair_value": 2.251987,
        "relative_strength": 61.499805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.585218,
        "energy": 64.550866,
        "activity_lines": [
          3.654,
          3.536182,
          3.353571,
          3.100731
        ]
      },
      {
        "date": "2023-10-06",
        "close": 3.89,
        "volume": 446700,
        "typical_volume": 437985.0,
        "trend": 2.832333,
        "fair_value": 2.26891,
        "relative_strength": 64.243824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.079129,
        "energy": 68.89456,
        "activity_lines": [
          3.754667,
          3.604727,
          3.428571,
          3.172688
        ]
      },
      {
        "date": "2023-10-13",
        "close": 3.97,
        "volume": 563600,
        "typical_volume": 460840.0,
        "trend": 2.895333,
        "fair_value": 2.286667,
        "relative_strength": 62.609393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.678572,
        "energy": 74.741669,
        "activity_lines": [
          3.851333,
          3.683273,
          3.504143,
          3.246086
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4.1,
        "volume": 399100,
        "typical_volume": 471280.0,
        "trend": 2.965333,
        "fair_value": 2.304936,
        "relative_strength": 67.679587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.315617,
        "energy": 80.01752,
        "activity_lines": [
          3.957333,
          3.779273,
          3.584476,
          3.323806
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4.1,
        "volume": 315800,
        "typical_volume": 430400.0,
        "trend": 3.032,
        "fair_value": 2.323846,
        "relative_strength": 67.747561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.907376,
        "energy": 72.626681,
        "activity_lines": [
          4.026667,
          3.868364,
          3.656571,
          3.397011
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4.53,
        "volume": 666900,
        "typical_volume": 458710.0,
        "trend": 3.111333,
        "fair_value": 2.345833,
        "relative_strength": 71.540394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.630211,
        "energy": 81.742141,
        "activity_lines": [
          4.212,
          4.017091,
          3.761667,
          3.493656
        ]
      },
      {
        "date": "2023-11-10",
        "close": 4.34,
        "volume": 324500,
        "typical_volume": 470815.0,
        "trend": 3.184333,
        "fair_value": 2.364679,
        "relative_strength": 62.354535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.053517,
        "energy": 65.999632,
        "activity_lines": [
          4.286,
          4.105636,
          3.838048,
          3.572925
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4.54,
        "volume": 287600,
        "typical_volume": 422190.0,
        "trend": 3.265333,
        "fair_value": 2.385128,
        "relative_strength": 62.091687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.022525,
        "energy": 75.195909,
        "activity_lines": [
          4.396667,
          4.214,
          3.923619,
          3.660387
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4.28,
        "volume": 263900,
        "typical_volume": 402240.0,
        "trend": 3.335667,
        "fair_value": 2.40359,
        "relative_strength": 50.437815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.44613,
        "energy": 59.021357,
        "activity_lines": [
          4.382667,
          4.255455,
          3.976905,
          3.725849
        ]
      },
      {
        "date": "2023-12-01",
        "close": 4.31,
        "volume": 210600,
        "typical_volume": 385815.0,
        "trend": 3.409,
        "fair_value": 2.421923,
        "relative_strength": 46.160631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.153696,
        "energy": 52.81219,
        "activity_lines": [
          4.366667,
          4.289091,
          4.027571,
          3.78871
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.03,
        "volume": 453800,
        "typical_volume": 385500.0,
        "trend": 3.471333,
        "fair_value": 2.438782,
        "relative_strength": 35.440097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.019449,
        "energy": 36.859288,
        "activity_lines": [
          4.243333,
          4.260545,
          4.046286,
          3.828774
        ]
      },
      {
        "date": "2023-12-15",
        "close": 3.7,
        "volume": 646400,
        "typical_volume": 382155.0,
        "trend": 3.514333,
        "fair_value": 2.454487,
        "relative_strength": 21.546615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.883519,
        "energy": 18.11955,
        "activity_lines": [
          4.043333,
          4.168,
          4.030952,
          3.843527
        ]
      },
      {
        "date": "2023-12-22",
        "close": 3.81,
        "volume": 362000,
        "typical_volume": 382635.0,
        "trend": 3.562333,
        "fair_value": 2.470897,
        "relative_strength": 21.94829,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.592866,
        "energy": 20.916845,
        "activity_lines": [
          3.922667,
          4.098909,
          4.02581,
          3.862602
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3.93,
        "volume": 114300,
        "typical_volume": 373095.0,
        "trend": 3.614333,
        "fair_value": 2.487436,
        "relative_strength": 24.103931,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.736585,
        "energy": 21.553383,
        "activity_lines": [
          3.890667,
          4.054545,
          4.031238,
          3.886323
        ]
      },
      {
        "date": "2024-01-05",
        "close": 3.55,
        "volume": 195600,
        "typical_volume": 345000.0,
        "trend": 3.651667,
        "fair_value": 2.500897,
        "relative_strength": 11.307718,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.567367,
        "energy": 22.133446,
        "activity_lines": [
          3.755333,
          3.944182,
          3.999476,
          3.882172
        ]
      },
      {
        "date": "2024-01-12",
        "close": 4.02,
        "volume": 266300,
        "typical_volume": 345330.0,
        "trend": 3.709,
        "fair_value": 2.51641,
        "relative_strength": 24.470854,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.832662,
        "energy": 14.560779,
        "activity_lines": [
          3.827333,
          3.929273,
          4.010238,
          3.905935
        ]
      },
      {
        "date": "2024-01-19",
        "close": 3.62,
        "volume": 272700,
        "typical_volume": 344750.0,
        "trend": 3.754,
        "fair_value": 2.528718,
        "relative_strength": 11.723865,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.90427,
        "energy": 12.593862,
        "activity_lines": [
          3.766667,
          3.850909,
          3.978619,
          3.900194
        ]
      },
      {
        "date": "2024-01-26",
        "close": 3.62,
        "volume": 180400,
        "typical_volume": 347260.0,
        "trend": 3.776,
        "fair_value": 2.543269,
        "relative_strength": 9.666979,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.423533,
        "energy": 27.020853,
        "activity_lines": [
          3.711333,
          3.785636,
          3.946095,
          3.891548
        ]
      },
      {
        "date": "2024-02-02",
        "close": 3.62,
        "volume": 195300,
        "typical_volume": 343510.0,
        "trend": 3.792333,
        "fair_value": 2.555256,
        "relative_strength": 9.11663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -18.627048,
        "energy": 20.171,
        "activity_lines": [
          3.668667,
          3.737091,
          3.91281,
          3.881484
        ]
      },
      {
        "date": "2024-02-09",
        "close": 3.55,
        "volume": 130600,
        "typical_volume": 334195.0,
        "trend": 3.804,
        "fair_value": 2.566474,
        "relative_strength": 6.756351,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.738129,
        "energy": 38.386259,
        "activity_lines": [
          3.623333,
          3.687818,
          3.872524,
          3.865849
        ]
      },
      {
        "date": "2024-02-16",
        "close": 3.73,
        "volume": 246500,
        "typical_volume": 327130.0,
        "trend": 3.812333,
        "fair_value": 2.578846,
        "relative_strength": 10.05636,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.129907,
        "energy": 29.89419,
        "activity_lines": [
          3.638,
          3.685091,
          3.850048,
          3.861075
        ]
      },
      {
        "date": "2024-02-23",
        "close": 3.96,
        "volume": 527700,
        "typical_volume": 331180.0,
        "trend": 3.823,
        "fair_value": 2.592051,
        "relative_strength": 15.131693,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -5.178746,
        "energy": 8.334624,
        "activity_lines": [
          3.748667,
          3.729636,
          3.849857,
          3.870602
        ]
      },
      {
        "date": "2024-03-01",
        "close": 4.04,
        "volume": 352300,
        "typical_volume": 320615.0,
        "trend": 3.836667,
        "fair_value": 2.605449,
        "relative_strength": 15.811042,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.724008,
        "energy": 9.783574,
        "activity_lines": [
          3.863333,
          3.784,
          3.856952,
          3.884602
        ]
      },
      {
        "date": "2024-03-08",
        "close": 3.62,
        "volume": 285500,
        "typical_volume": 314935.0,
        "trend": 3.833333,
        "fair_value": 2.614231,
        "relative_strength": 2.191891,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.643966,
        "energy": 11.502361,
        "activity_lines": [
          3.81,
          3.757818,
          3.823714,
          3.870624
        ]
      },
      {
        "date": "2024-03-15",
        "close": 3.43,
        "volume": 320200,
        "typical_volume": 315155.0,
        "trend": 3.845,
        "fair_value": 2.622115,
        "relative_strength": -4.228495,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.238627,
        "energy": 25.531829,
        "activity_lines": [
          3.693333,
          3.702727,
          3.774667,
          3.844602
        ]
      },
      {
        "date": "2024-03-22",
        "close": 3.56,
        "volume": 173000,
        "typical_volume": 290460.0,
        "trend": 3.859667,
        "fair_value": 2.630833,
        "relative_strength": -1.892082,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.616628,
        "energy": 39.270077,
        "activity_lines": [
          3.628,
          3.673455,
          3.74119,
          3.826215
        ]
      },
      {
        "date": "2024-03-29",
        "close": 3.74,
        "volume": 237400,
        "typical_volume": 286105.0,
        "trend": 3.87,
        "fair_value": 2.641346,
        "relative_strength": 1.458627,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.773847,
        "energy": 44.158949,
        "activity_lines": [
          3.634,
          3.685273,
          3.729476,
          3.818495
        ]
      },
      {
        "date": "2024-04-05",
        "close": 3.99,
        "volume": 310300,
        "typical_volume": 287240.0,
        "trend": 3.887667,
        "fair_value": 2.654103,
        "relative_strength": 6.867928,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.650471,
        "energy": 18.019771,
        "activity_lines": [
          3.738,
          3.740364,
          3.744429,
          3.826237
        ]
      },
      {
        "date": "2024-04-12",
        "close": 4.15,
        "volume": 175500,
        "typical_volume": 282820.0,
        "trend": 3.907667,
        "fair_value": 2.667885,
        "relative_strength": 11.911649,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.002155,
        "energy": 12.277465,
        "activity_lines": [
          3.898667,
          3.817818,
          3.777238,
          3.843161
        ]
      },
      {
        "date": "2024-04-19",
        "close": 4.17,
        "volume": 149400,
        "typical_volume": 279760.0,
        "trend": 3.923667,
        "fair_value": 2.684038,
        "relative_strength": 11.795249,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.727151,
        "energy": 37.210461,
        "activity_lines": [
          4.030667,
          3.889273,
          3.812571,
          3.860086
        ]
      },
      {
        "date": "2024-04-26",
        "close": 4.0,
        "volume": 243200,
        "typical_volume": 269230.0,
        "trend": 3.93,
        "fair_value": 2.698782,
        "relative_strength": 5.535177,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 17.794625,
        "energy": 35.101275,
        "activity_lines": [
          4.056667,
          3.918545,
          3.832381,
          3.865011
        ]
      },
      {
        "date": "2024-05-03",
        "close": 3.96,
        "volume": 171400,
        "typical_volume": 245480.0,
        "trend": 3.932333,
        "fair_value": 2.711346,
        "relative_strength": 3.685403,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 16.916579,
        "energy": 35.875443,
        "activity_lines": [
          4.04,
          3.935636,
          3.848524,
          3.866946
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3.96,
        "volume": 78800,
        "typical_volume": 231320.0,
        "trend": 3.932,
        "fair_value": 2.72391,
        "relative_strength": 1.203063,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 13.621061,
        "energy": 18.683685,
        "activity_lines": [
          4.008667,
          3.952727,
          3.863429,
          3.868731
        ]
      },
      {
        "date": "2024-05-17",
        "close": 3.99,
        "volume": 131400,
        "typical_volume": 232175.0,
        "trend": 3.928333,
        "fair_value": 2.736667,
        "relative_strength": 0.606554,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.347216,
        "energy": 13.496841,
        "activity_lines": [
          3.989333,
          3.976727,
          3.880476,
          3.872473
        ]
      },
      {
        "date": "2024-05-24",
        "close": 3.72,
        "volume": 106200,
        "typical_volume": 227705.0,
        "trend": 3.915667,
        "fair_value": 2.749295,
        "relative_strength": -6.082047,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.459535,
        "energy": 7.738855,
        "activity_lines": [
          3.890667,
          3.944909,
          3.871524,
          3.859032
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3.71,
        "volume": 127100,
        "typical_volume": 220745.0,
        "trend": 3.888333,
        "fair_value": 2.760256,
        "relative_strength": -6.604932,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.282032,
        "energy": 13.177709,
        "activity_lines": [
          3.818667,
          3.906,
          3.86081,
          3.845763
        ]
      },
      {
        "date": "2024-06-07",
        "close": 3.61,
        "volume": 231400,
        "typical_volume": 218680.0,
        "trend": 3.864,
        "fair_value": 2.770577,
        "relative_strength": -8.45331,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -39.194305,
        "energy": 28.5253,
        "activity_lines": [
          3.732667,
          3.846182,
          3.842048,
          3.827806
        ]
      },
      {
        "date": "2024-06-14",
        "close": 3.52,
        "volume": 156700,
        "typical_volume": 217495.0,
        "trend": 3.83,
        "fair_value": 2.780321,
        "relative_strength": -9.678701,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -54.886365,
        "energy": 50.40801,
        "activity_lines": [
          3.64,
          3.772364,
          3.814762,
          3.805613
        ]
      },
      {
        "date": "2024-06-21",
        "close": 3.49,
        "volume": 119100,
        "typical_volume": 213685.0,
        "trend": 3.803667,
        "fair_value": 2.789551,
        "relative_strength": -10.528694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.374687,
        "energy": 58.874561,
        "activity_lines": [
          3.566667,
          3.701636,
          3.785095,
          3.783677
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3.64,
        "volume": 124600,
        "typical_volume": 213385.0,
        "trend": 3.781333,
        "fair_value": 2.798141,
        "relative_strength": -8.242581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.455853,
        "energy": 56.623761,
        "activity_lines": [
          3.576667,
          3.670182,
          3.770333,
          3.773118
        ]
      },
      {
        "date": "2024-07-05",
        "close": 3.76,
        "volume": 93400,
        "typical_volume": 205730.0,
        "trend": 3.772333,
        "fair_value": 2.807821,
        "relative_strength": -6.130385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.426332,
        "energy": 41.664485,
        "activity_lines": [
          3.632,
          3.670182,
          3.766571,
          3.771742
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3.72,
        "volume": 97500,
        "typical_volume": 184220.0,
        "trend": 3.773,
        "fair_value": 2.818205,
        "relative_strength": -9.704695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.173486,
        "energy": 23.089488,
        "activity_lines": [
          3.670667,
          3.667273,
          3.758857,
          3.768366
        ]
      },
      {
        "date": "2024-07-19",
        "close": 6.05,
        "volume": 1718300,
        "typical_volume": 252520.0,
        "trend": 3.847667,
        "fair_value": 2.843205,
        "relative_strength": 45.246595,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.348014,
        "energy": 74.899912,
        "activity_lines": [
          4.478667,
          4.092364,
          3.97419,
          3.915269
        ]
      },
      {
        "date": "2024-07-26",
        "close": 6.62,
        "volume": 1649300,
        "typical_volume": 320710.0,
        "trend": 3.937333,
        "fair_value": 2.872179,
        "relative_strength": 56.218893,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.993309,
        "energy": 95.480404,
        "activity_lines": [
          5.308,
          4.583091,
          4.234238,
          4.094129
        ]
      },
      {
        "date": "2024-08-02",
        "close": 7.06,
        "volume": 509000,
        "typical_volume": 330150.0,
        "trend": 4.054333,
        "fair_value": 2.904295,
        "relative_strength": 68.590272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.011757,
        "energy": 96.963516,
        "activity_lines": [
          6.075333,
          5.106,
          4.521905,
          4.295591
        ]
      },
      {
        "date": "2024-08-09",
        "close": 7.16,
        "volume": 343100,
        "typical_volume": 338655.0,
        "trend": 4.159,
        "fair_value": 2.937051,
        "relative_strength": 67.960101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.06419,
        "energy": 94.709398,
        "activity_lines": [
          6.648,
          5.586364,
          4.80181,
          4.495957
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7.95,
        "volume": 372200,
        "typical_volume": 345395.0,
        "trend": 4.303333,
        "fair_value": 2.977756,
        "relative_strength": 77.102822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.684795,
        "energy": 95.914624,
        "activity_lines": [
          7.257333,
          6.147636,
          5.13981,
          4.740538
        ]
      },
      {
        "date": "2024-08-23",
        "close": 8.59,
        "volume": 298600,
        "typical_volume": 344810.0,
        "trend": 4.469,
        "fair_value": 3.019679,
        "relative_strength": 85.579324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.055978,
        "energy": 96.658049,
        "activity_lines": [
          7.798,
          6.746364,
          5.518714,
          5.017097
        ]
      },
      {
        "date": "2024-08-30",
        "close": 8.31,
        "volume": 199000,
        "typical_volume": 345985.0,
        "trend": 4.625333,
        "fair_value": 3.055641,
        "relative_strength": 75.852585,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.108793,
        "energy": 89.336537,
        "activity_lines": [
          8.076,
          7.202,
          5.849048,
          5.264903
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7.79,
        "volume": 123600,
        "typical_volume": 344695.0,
        "trend": 4.766667,
        "fair_value": 3.089231,
        "relative_strength": 66.256727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.29708,
        "energy": 68.223386,
        "activity_lines": [
          8.068,
          7.475455,
          6.110048,
          5.469075
        ]
      },
      {
        "date": "2024-09-13",
        "close": 8.35,
        "volume": 351400,
        "typical_volume": 350105.0,
        "trend": 4.920667,
        "fair_value": 3.125769,
        "relative_strength": 69.371032,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.234956,
        "energy": 68.770314,
        "activity_lines": [
          8.198,
          7.775273,
          6.407143,
          5.700258
        ]
      },
      {
        "date": "2024-09-20",
        "close": 8.1,
        "volume": 252500,
        "typical_volume": 354160.0,
        "trend": 5.058667,
        "fair_value": 3.160385,
        "relative_strength": 59.995896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.437005,
        "energy": 64.232431,
        "activity_lines": [
          8.165333,
          7.946182,
          6.659714,
          5.905376
        ]
      },
      {
        "date": "2024-09-27",
        "close": 7.95,
        "volume": 215800,
        "typical_volume": 361010.0,
        "trend": 5.189,
        "fair_value": 3.190833,
        "relative_strength": 54.529382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.52146,
        "energy": 60.184155,
        "activity_lines": [
          8.072667,
          8.010182,
          6.878286,
          6.091914
        ]
      },
      {
        "date": "2024-10-04",
        "close": 8.1,
        "volume": 256400,
        "typical_volume": 367260.0,
        "trend": 5.338333,
        "fair_value": 3.224167,
        "relative_strength": 54.26393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.45485,
        "energy": 56.937026,
        "activity_lines": [
          8.072667,
          8.066909,
          7.092143,
          6.27972
        ]
      },
      {
        "date": "2024-10-11",
        "close": 8.62,
        "volume": 417500,
        "typical_volume": 382825.0,
        "trend": 5.511333,
        "fair_value": 3.256346,
        "relative_strength": 59.998939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.929037,
        "energy": 56.902782,
        "activity_lines": [
          8.26,
          8.191273,
          7.335952,
          6.491441
        ]
      },
      {
        "date": "2024-10-18",
        "close": 9.18,
        "volume": 250100,
        "typical_volume": 388975.0,
        "trend": 5.698667,
        "fair_value": 3.291474,
        "relative_strength": 65.732973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.70622,
        "energy": 68.325392,
        "activity_lines": [
          8.578667,
          8.389091,
          7.609762,
          6.728129
        ]
      },
      {
        "date": "2024-10-25",
        "close": 9.23,
        "volume": 233900,
        "typical_volume": 389100.0,
        "trend": 5.881667,
        "fair_value": 3.328846,
        "relative_strength": 66.801494,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.463376,
        "energy": 86.31383,
        "activity_lines": [
          8.858667,
          8.559273,
          7.862286,
          6.955957
        ]
      },
      {
        "date": "2024-11-01",
        "close": 10.34,
        "volume": 338200,
        "typical_volume": 398175.0,
        "trend": 6.093333,
        "fair_value": 3.373974,
        "relative_strength": 85.350325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.103089,
        "energy": 95.112551,
        "activity_lines": [
          9.433333,
          8.908,
          8.193762,
          7.243591
        ]
      },
      {
        "date": "2024-11-08",
        "close": 13.06,
        "volume": 600700,
        "typical_volume": 422255.0,
        "trend": 6.390333,
        "fair_value": 3.439103,
        "relative_strength": 123.606982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 98.681369,
        "energy": 98.893096,
        "activity_lines": [
          10.755333,
          9.719455,
          8.75181,
          7.693054
        ]
      },
      {
        "date": "2024-11-15",
        "close": 13.97,
        "volume": 784100,
        "typical_volume": 455230.0,
        "trend": 6.717,
        "fair_value": 3.510064,
        "relative_strength": 131.578159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.836576,
        "energy": 98.37208,
        "activity_lines": [
          12.05,
          10.61,
          9.350952,
          8.182065
        ]
      },
      {
        "date": "2024-11-22",
        "close": 15.15,
        "volume": 366100,
        "typical_volume": 468865.0,
        "trend": 7.088667,
        "fair_value": 3.590513,
        "relative_strength": 138.437671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.896276,
        "energy": 98.400033,
        "activity_lines": [
          13.381333,
          11.602727,
          10.013286,
          8.726129
        ]
      },
      {
        "date": "2024-11-29",
        "close": 14.42,
        "volume": 222300,
        "typical_volume": 475105.0,
        "trend": 7.437333,
        "fair_value": 3.666923,
        "relative_strength": 119.21227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.225566,
        "energy": 91.737992,
        "activity_lines": [
          14.071333,
          12.339091,
          10.551857,
          9.199118
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.56,
        "volume": 346600,
        "typical_volume": 406520.0,
        "trend": 7.757333,
        "fair_value": 3.735577,
        "relative_strength": 100.824342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.521102,
        "energy": 82.25484,
        "activity_lines": [
          14.128667,
          12.804182,
          10.957571,
          9.594129
        ]
      },
      {
        "date": "2024-12-13",
        "close": 14.23,
        "volume": 235000,
        "typical_volume": 335805.0,
        "trend": 8.098667,
        "fair_value": 3.809167,
        "relative_strength": 108.391357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.049121,
        "energy": 68.558121,
        "activity_lines": [
          14.194667,
          13.289091,
          11.391333,
          10.01172
        ]
      },
      {
        "date": "2024-12-20",
        "close": 13.28,
        "volume": 311400,
        "typical_volume": 325925.0,
        "trend": 8.417333,
        "fair_value": 3.873782,
        "relative_strength": 94.857068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.708629,
        "energy": 64.873929,
        "activity_lines": [
          13.866,
          13.489818,
          11.698381,
          10.346
        ]
      },
      {
        "date": "2024-12-27",
        "close": 13.4,
        "volume": 148400,
        "typical_volume": 316190.0,
        "trend": 8.740333,
        "fair_value": 3.938974,
        "relative_strength": 90.392883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.112012,
        "energy": 56.068801,
        "activity_lines": [
          13.623333,
          13.627636,
          11.987238,
          10.667462
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13.87,
        "volume": 201000,
        "typical_volume": 307630.0,
        "trend": 9.082333,
        "fair_value": 4.009295,
        "relative_strength": 89.955642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.313307,
        "energy": 51.257686,
        "activity_lines": [
          13.654,
          13.774182,
          12.291143,
          10.998409
        ]
      },
      {
        "date": "2025-01-10",
        "close": 13.86,
        "volume": 212900,
        "typical_volume": 303345.0,
        "trend": 9.427,
        "fair_value": 4.080192,
        "relative_strength": 87.60228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.571282,
        "energy": 46.229869,
        "activity_lines": [
          13.718,
          13.834545,
          12.565905,
          11.306645
        ]
      },
      {
        "date": "2025-01-17",
        "close": 13.32,
        "volume": 297600,
        "typical_volume": 308275.0,
        "trend": 9.754667,
        "fair_value": 4.149551,
        "relative_strength": 74.113124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.819037,
        "energy": 42.243651,
        "activity_lines": [
          13.582,
          13.732727,
          12.764143,
          11.557806
        ]
      },
      {
        "date": "2025-01-24",
        "close": 13.3,
        "volume": 143900,
        "typical_volume": 309290.0,
        "trend": 10.076667,
        "fair_value": 4.218141,
        "relative_strength": 67.415741,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.685444,
        "energy": 37.492744,
        "activity_lines": [
          13.5,
          13.622545,
          12.936619,
          11.786538
        ]
      },
      {
        "date": "2025-01-31",
        "close": 13.89,
        "volume": 308900,
        "typical_volume": 307165.0,
        "trend": 10.414333,
        "fair_value": 4.291154,
        "relative_strength": 70.486777,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.019931,
        "energy": 36.318764,
        "activity_lines": [
          13.613333,
          13.631818,
          13.139048,
          12.032559
        ]
      },
      {
        "date": "2025-02-07",
        "close": 15.25,
        "volume": 351700,
        "typical_volume": 312125.0,
        "trend": 10.798667,
        "fair_value": 4.373269,
        "relative_strength": 83.093618,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 75.890948,
        "energy": 50.838712,
        "activity_lines": [
          14.147333,
          13.911273,
          13.444619,
          12.344538
        ]
      },
      {
        "date": "2025-02-14",
        "close": 15.83,
        "volume": 425300,
        "typical_volume": 322600.0,
        "trend": 11.124667,
        "fair_value": 4.460513,
        "relative_strength": 84.914995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.264539,
        "energy": 67.221881,
        "activity_lines": [
          14.782667,
          14.281091,
          13.771381,
          12.66914
        ]
      },
      {
        "date": "2025-02-21",
        "close": 14.92,
        "volume": 264500,
        "typical_volume": 323005.0,
        "trend": 11.401333,
        "fair_value": 4.540513,
        "relative_strength": 72.580525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.701084,
        "energy": 69.011382,
        "activity_lines": [
          14.983333,
          14.444182,
          13.973952,
          12.914
        ]
      },
      {
        "date": "2025-02-28",
        "close": 12.96,
        "volume": 360400,
        "typical_volume": 320150.0,
        "trend": 11.598,
        "fair_value": 4.606987,
        "relative_strength": 45.819906,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.845926,
        "energy": 44.570903,
        "activity_lines": [
          14.424,
          14.238364,
          13.957381,
          13.014559
        ]
      },
      {
        "date": "2025-03-07",
        "close": 12.3,
        "volume": 379000,
        "typical_volume": 326595.0,
        "trend": 11.769333,
        "fair_value": 4.669808,
        "relative_strength": 39.411854,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.41506,
        "energy": 17.147971,
        "activity_lines": [
          13.667333,
          13.918364,
          13.857286,
          13.059849
        ]
      },
      {
        "date": "2025-03-14",
        "close": 13.08,
        "volume": 305400,
        "typical_volume": 330170.0,
        "trend": 11.940333,
        "fair_value": 4.737628,
        "relative_strength": 46.521821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 12.078427,
        "energy": 16.847621,
        "activity_lines": [
          13.276667,
          13.760182,
          13.816619,
          13.144409
        ]
      },
      {
        "date": "2025-03-21",
        "close": 13.17,
        "volume": 248500,
        "typical_volume": 325685.0,
        "trend": 12.093,
        "fair_value": 4.806667,
        "relative_strength": 42.325577,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.599741,
        "energy": 21.029069,
        "activity_lines": [
          13.060667,
          13.632727,
          13.76619,
          13.223742
        ]
      },
      {
        "date": "2025-03-28",
        "close": 12.94,
        "volume": 209200,
        "typical_volume": 306110.0,
        "trend": 12.247333,
        "fair_value": 4.873013,
        "relative_strength": 38.479012,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.062219,
        "energy": 18.223915,
        "activity_lines": [
          12.945333,
          13.476,
          13.680381,
          13.278387
        ]
      },
      {
        "date": "2025-04-04",
        "close": 11.71,
        "volume": 546500,
        "typical_volume": 294230.0,
        "trend": 12.378,
        "fair_value": 4.931923,
        "relative_strength": 31.591887,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -14.999544,
        "energy": 24.30639,
        "activity_lines": [
          12.552,
          13.102545,
          13.478,
          13.24372
        ]
      },
      {
        "date": "2025-04-11",
        "close": 11.83,
        "volume": 554100,
        "typical_volume": 303630.0,
        "trend": 12.494,
        "fair_value": 4.992372,
        "relative_strength": 28.705181,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.940981,
        "energy": 36.456675,
        "activity_lines": [
          12.282,
          12.779818,
          13.29781,
          13.208366
        ]
      },
      {
        "date": "2025-04-18",
        "close": 12.9,
        "volume": 221400,
        "typical_volume": 303585.0,
        "trend": 12.654,
        "fair_value": 5.059808,
        "relative_strength": 34.565429,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -17.881175,
        "energy": 22.312534,
        "activity_lines": [
          12.4,
          12.689091,
          13.235333,
          13.234559
        ]
      },
      {
        "date": "2025-04-25",
        "close": 16.15,
        "volume": 485700,
        "typical_volume": 310540.0,
        "trend": 12.927333,
        "fair_value": 5.147115,
        "relative_strength": 61.248312,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.48956,
        "energy": 21.065966,
        "activity_lines": [
          13.613333,
          13.232,
          13.489619,
          13.460108
        ]
      },
      {
        "date": "2025-05-02",
        "close": 15.07,
        "volume": 489300,
        "typical_volume": 323255.0,
        "trend": 13.159667,
        "fair_value": 5.228013,
        "relative_strength": 45.622601,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.73688,
        "energy": 29.011061,
        "activity_lines": [
          14.268,
          13.572727,
          13.628714,
          13.598344
        ]
      },
      {
        "date": "2025-05-09",
        "close": 14.47,
        "volume": 215100,
        "typical_volume": 318440.0,
        "trend": 13.354667,
        "fair_value": 5.305385,
        "relative_strength": 35.547361,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.269427,
        "energy": 36.78998,
        "activity_lines": [
          14.580667,
          13.801636,
          13.706667,
          13.682882
        ]
      },
      {
        "date": "2025-05-16",
        "close": 15.72,
        "volume": 271400,
        "typical_volume": 324590.0,
        "trend": 13.572667,
        "fair_value": 5.3925,
        "relative_strength": 41.019354,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.072692,
        "energy": 53.98001,
        "activity_lines": [
          15.126,
          14.230364,
          13.898,
          13.835484
        ]
      },
      {
        "date": "2025-05-23",
        "close": 16.5,
        "volume": 221200,
        "typical_volume": 325600.0,
        "trend": 13.815,
        "fair_value": 5.481282,
        "relative_strength": 45.472836,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.849194,
        "energy": 67.952182,
        "activity_lines": [
          15.672,
          14.738727,
          14.152571,
          14.024344
        ]
      },
      {
        "date": "2025-05-30",
        "close": 17.49,
        "volume": 321300,
        "typical_volume": 331020.0,
        "trend": 14.053333,
        "fair_value": 5.57641,
        "relative_strength": 49.179363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.881744,
        "energy": 75.046615,
        "activity_lines": [
          16.308,
          15.364909,
          14.488905,
          14.261441
        ]
      },
      {
        "date": "2025-06-06",
        "close": 18.379999,
        "volume": 290100,
        "typical_volume": 330645.0,
        "trend": 14.230667,
        "fair_value": 5.677628,
        "relative_strength": 51.800455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.945141,
        "energy": 82.312631,
        "activity_lines": [
          17.151333,
          16.074363,
          14.892714,
          14.540581
        ]
      },
      {
        "date": "2025-06-13",
        "close": 19.5,
        "volume": 335200,
        "typical_volume": 340210.0,
        "trend": 14.415,
        "fair_value": 5.788205,
        "relative_strength": 56.820668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.423906,
        "energy": 87.934672,
        "activity_lines": [
          18.147333,
          16.888545,
          15.379095,
          14.880538
        ]
      },
      {
        "date": "2025-06-20",
        "close": 19.1,
        "volume": 307600,
        "typical_volume": 340145.0,
        "trend": 14.546667,
        "fair_value": 5.896218,
        "relative_strength": 50.202139,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.86224,
        "energy": 85.118174,
        "activity_lines": [
          18.674666,
          17.488363,
          15.797857,
          15.182796
        ]
      },
      {
        "date": "2025-06-27",
        "close": 19.950001,
        "volume": 605700,
        "typical_volume": 352845.0,
        "trend": 14.731,
        "fair_value": 6.009295,
        "relative_strength": 52.198581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.844996,
        "energy": 85.654957,
        "activity_lines": [
          19.26,
          18.110546,
          16.272762,
          15.531398
        ]
      },
      {
        "date": "2025-07-04",
        "close": 20.33,
        "volume": 220000,
        "typical_volume": 342580.0,
        "trend": 14.956667,
        "fair_value": 6.125513,
        "relative_strength": 49.636413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.916257,
        "energy": 84.76589,
        "activity_lines": [
          19.742,
          18.673636,
          16.761476,
          15.892624
        ]
      },
      {
        "date": "2025-07-11",
        "close": 19.870001,
        "volume": 244100,
        "typical_volume": 341560.0,
        "trend": 15.144667,
        "fair_value": 6.240064,
        "relative_strength": 43.266524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.437314,
        "energy": 73.433842,
        "activity_lines": [
          19.881334,
          19.077091,
          17.184952,
          16.209613
        ]
      },
      {
        "date": "2025-07-18",
        "close": 19.040001,
        "volume": 226300,
        "typical_volume": 334855.0,
        "trend": 15.336667,
        "fair_value": 6.350897,
        "relative_strength": 33.665139,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.001727,
        "energy": 58.462875,
        "activity_lines": [
          19.644667,
          19.242364,
          17.50581,
          16.460925
        ]
      },
      {
        "date": "2025-07-25",
        "close": 19.309999,
        "volume": 299000,
        "typical_volume": 330855.0,
        "trend": 15.533667,
        "fair_value": 6.461346,
        "relative_strength": 32.654967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.813401,
        "energy": 55.889492,
        "activity_lines": [
          19.528667,
          19.373637,
          17.823429,
          16.717269
        ]
      },
      {
        "date": "2025-08-01",
        "close": 18.690001,
        "volume": 284100,
        "typical_volume": 329790.0,
        "trend": 15.694333,
        "fair_value": 6.568077,
        "relative_strength": 28.896693,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.614275,
        "energy": 44.812667,
        "activity_lines": [
          19.192,
          19.326909,
          18.048619,
          16.920903
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.700001,
        "volume": 372400,
        "typical_volume": 335985.0,
        "trend": 15.855667,
        "fair_value": 6.675449,
        "relative_strength": 23.968451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.702588,
        "energy": 35.695059,
        "activity_lines": [
          18.942667,
          19.242182,
          18.248048,
          17.114817
        ]
      },
      {
        "date": "2025-08-15",
        "close": 19.27,
        "volume": 270700,
        "typical_volume": 339060.0,
        "trend": 16.054,
        "fair_value": 6.786154,
        "relative_strength": 25.539246,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.703416,
        "energy": 34.666318,
        "activity_lines": [
          18.992,
          19.239091,
          18.475429,
          17.335097
        ]
      },
      {
        "date": "2025-08-22",
        "close": 22.07,
        "volume": 582000,
        "typical_volume": 340835.0,
        "trend": 16.346333,
        "fair_value": 6.914872,
        "relative_strength": 39.609185,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 82.284256,
        "energy": 56.744663,
        "activity_lines": [
          20.014667,
          19.728909,
          18.939334,
          17.723226
        ]
      },
      {
        "date": "2025-08-29",
        "close": 23.25,
        "volume": 289500,
        "typical_volume": 327605.0,
        "trend": 16.658333,
        "fair_value": 7.051154,
        "relative_strength": 43.615035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.438392,
        "energy": 82.381884,
        "activity_lines": [
          21.228667,
          20.386546,
          19.466286,
          18.168624
        ]
      },
      {
        "date": "2025-09-05",
        "close": 22.07,
        "volume": 389900,
        "typical_volume": 336030.0,
        "trend": 16.885667,
        "fair_value": 7.180833,
        "relative_strength": 32.171496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.062924,
        "energy": 84.005745,
        "activity_lines": [
          21.786667,
          20.754182,
          19.826476,
          18.517764
        ]
      },
      {
        "date": "2025-09-12",
        "close": 22.190001,
        "volume": 305600,
        "typical_volume": 327025.0,
        "trend": 17.097667,
        "fair_value": 7.311859,
        "relative_strength": 30.075984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.732988,
        "energy": 85.577807,
        "activity_lines": [
          22.159334,
          21.105091,
          20.154429,
          18.859979
        ]
      },
      {
        "date": "2025-09-19",
        "close": 21.18,
        "volume": 314700,
        "typical_volume": 318295.0,
        "trend": 17.306333,
        "fair_value": 7.438141,
        "relative_strength": 20.652208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.795023,
        "energy": 72.10816,
        "activity_lines": [
          21.962667,
          21.238546,
          20.357429,
          19.123355
        ]
      },
      {
        "date": "2025-09-26",
        "close": 20.76,
        "volume": 490900,
        "typical_volume": 332085.0,
        "trend": 17.566333,
        "fair_value": 7.561731,
        "relative_strength": 16.893822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.434864,
        "energy": 48.764536,
        "activity_lines": [
          21.498667,
          21.271818,
          20.491334,
          19.346172
        ]
      },
      {
        "date": "2025-10-03",
        "close": 20.299999,
        "volume": 362600,
        "typical_volume": 336645.0,
        "trend": 17.833,
        "fair_value": 7.682244,
        "relative_strength": 10.460719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.400473,
        "energy": 32.327673,
        "activity_lines": [
          20.968666,
          21.190182,
          20.551476,
          19.522538
        ]
      },
      {
        "date": "2025-10-10",
        "close": 25.440001,
        "volume": 1172500,
        "typical_volume": 384210.0,
        "trend": 18.245,
        "fair_value": 7.835897,
        "relative_strength": 39.090989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.303849,
        "energy": 50.780257,
        "activity_lines": [
          22.348667,
          22.025091,
          21.079334,
          20.013312
        ]
      },
      {
        "date": "2025-10-17",
        "close": 25.549999,
        "volume": 689900,
        "typical_volume": 402640.0,
        "trend": 18.657667,
        "fair_value": 7.989295,
        "relative_strength": 36.446876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.759484,
        "energy": 59.125796,
        "activity_lines": [
          23.540666,
          22.757273,
          21.575095,
          20.484602
        ]
      },
      {
        "date": "2025-10-24",
        "close": 26.799999,
        "volume": 745800,
        "typical_volume": 425425.0,
        "trend": 19.119667,
        "fair_value": 8.150192,
        "relative_strength": 39.783455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.868389,
        "energy": 80.90225,
        "activity_lines": [
          24.925333,
          23.592182,
          22.151524,
          21.009914
        ]
      },
      {
        "date": "2025-10-31",
        "close": 26.76,
        "volume": 440800,
        "typical_volume": 430705.0,
        "trend": 19.621333,
        "fair_value": 8.311154,
        "relative_strength": 38.075633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.322134,
        "energy": 87.869101,
        "activity_lines": [
          25.922,
          24.282909,
          22.684048,
          21.502839
        ]
      },
      {
        "date": "2025-11-07",
        "close": 26.68,
        "volume": 504100,
        "typical_volume": 440530.0,
        "trend": 20.116333,
        "fair_value": 8.4725,
        "relative_strength": 37.75913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.928716,
        "energy": 84.031119,
        "activity_lines": [
          26.492,
          24.873818,
          23.174381,
          21.958237
        ]
      },
      {
        "date": "2025-11-14",
        "close": 26.24,
        "volume": 368900,
        "typical_volume": 428690.0,
        "trend": 20.561,
        "fair_value": 8.630641,
        "relative_strength": 32.440476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.916108,
        "energy": 71.727795,
        "activity_lines": [
          26.49,
          25.322363,
          23.586714,
          22.353312
        ]
      },
      {
        "date": "2025-11-21",
        "close": 25.07,
        "volume": 405500,
        "typical_volume": 437965.0,
        "trend": 20.858333,
        "fair_value": 8.781859,
        "relative_strength": 26.353758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.344185,
        "energy": 52.917479,
        "activity_lines": [
          26.044667,
          25.482363,
          23.857667,
          22.644215
        ]
      },
      {
        "date": "2025-11-28",
        "close": 23.83,
        "volume": 374500,
        "typical_volume": 444485.0,
        "trend": 21.150333,
        "fair_value": 8.925064,
        "relative_strength": 14.765767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.830709,
        "energy": 36.126104,
        "activity_lines": [
          25.218,
          25.364545,
          23.987952,
          22.835936
        ]
      },
      {
        "date": "2025-12-05",
        "close": 23.190001,
        "volume": 259400,
        "typical_volume": 446140.0,
        "trend": 21.441,
        "fair_value": 9.062821,
        "relative_strength": 11.250002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.265132,
        "energy": 22.002957,
        "activity_lines": [
          24.376,
          25.082182,
          24.038429,
          22.967527
        ]
      },
      {
        "date": "2025-12-12",
        "close": 23.82,
        "volume": 414300,
        "typical_volume": 451905.0,
        "trend": 21.711,
        "fair_value": 9.205577,
        "relative_strength": 12.861787,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.793775,
        "energy": 23.716083,
        "activity_lines": [
          23.982,
          24.870182,
          24.129143,
          23.121011
        ]
      },
      {
        "date": "2025-12-19",
        "close": 23.57,
        "volume": 566200,
        "typical_volume": 466010.0,
        "trend": 21.946667,
        "fair_value": 9.342564,
        "relative_strength": 10.233168,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.558411,
        "energy": 22.474099,
        "activity_lines": [
          23.695334,
          24.548727,
          24.174571,
          23.240946
        ]
      },
      {
        "date": "2025-12-26",
        "close": 24.57,
        "volume": 270700,
        "typical_volume": 460925.0,
        "trend": 22.182667,
        "fair_value": 9.486282,
        "relative_strength": 13.297921,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.280475,
        "energy": 19.56286,
        "activity_lines": [
          23.92,
          24.443091,
          24.292,
          23.410194
        ]
      },
      {
        "date": "2026-01-02",
        "close": 26.24,
        "volume": 448300,
        "typical_volume": 469805.0,
        "trend": 22.444667,
        "fair_value": 9.64109,
        "relative_strength": 20.517648,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.79013,
        "energy": 28.866892,
        "activity_lines": [
          24.734667,
          24.658909,
          24.540524,
          23.671957
        ]
      },
      {
        "date": "2026-01-09",
        "close": 28.030001,
        "volume": 840800,
        "typical_volume": 482745.0,
        "trend": 22.729,
        "fair_value": 9.806218,
        "relative_strength": 24.805293,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 74.584538,
        "energy": 53.611974,
        "activity_lines": [
          25.985334,
          25.210364,
          24.926333,
          24.032301
        ]
      },
      {
        "date": "2026-01-16",
        "close": 33.84,
        "volume": 1232300,
        "typical_volume": 529885.0,
        "trend": 23.220333,
        "fair_value": 10.008013,
        "relative_strength": 46.705186,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.612557,
        "energy": 87.829191,
        "activity_lines": [
          28.85,
          26.795091,
          25.837095,
          24.74914
        ]
      },
      {
        "date": "2026-01-23",
        "close": 35.0,
        "volume": 1064700,
        "typical_volume": 563625.0,
        "trend": 23.722,
        "fair_value": 10.218397,
        "relative_strength": 49.0645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.164823,
        "energy": 96.255376,
        "activity_lines": [
          31.433334,
          28.460546,
          26.807905,
          25.509118
        ]
      },
      {
        "date": "2026-01-30",
        "close": 37.630001,
        "volume": 1078000,
        "typical_volume": 602245.0,
        "trend": 24.298667,
        "fair_value": 10.444295,
        "relative_strength": 63.579193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.822888,
        "energy": 97.04809,
        "activity_lines": [
          34.131334,
          30.444909,
          27.967619,
          26.406409
        ]
      },
      {
        "date": "2026-02-06",
        "close": 40.959999,
        "volume": 1068000,
        "typical_volume": 639910.0,
        "trend": 25.001667,
        "fair_value": 10.690962,
        "relative_strength": 72.013443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.845534,
        "energy": 97.224284,
        "activity_lines": [
          37.068667,
          32.806364,
          29.370952,
          27.481333
        ]
      },
      {
        "date": "2026-02-13",
        "close": 41.459999,
        "volume": 571600,
        "typical_volume": 643945.0,
        "trend": 25.749,
        "fair_value": 10.941667,
        "relative_strength": 68.151883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.35859,
        "energy": 94.56185,
        "activity_lines": [
          39.191333,
          34.947273,
          30.727714,
          28.543161
        ]
      },
      {
        "date": "2026-02-20",
        "close": 45.43,
        "volume": 941500,
        "typical_volume": 672890.0,
        "trend": 26.619667,
        "fair_value": 11.216859,
        "relative_strength": 76.780185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.399026,
        "energy": 95.797396,
        "activity_lines": [
          41.742,
          37.477818,
          32.364,
          29.812903
        ]
      },
      {
        "date": "2026-02-27",
        "close": 46.919998,
        "volume": 660600,
        "typical_volume": 647295.0,
        "trend": 27.560667,
        "fair_value": 11.501346,
        "relative_strength": 75.987991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.847466,
        "energy": 93.343592,
        "activity_lines": [
          44.016666,
          39.886363,
          34.022524,
          31.122602
        ]
      },
      {
        "date": "2026-03-06",
        "close": 49.580002,
        "volume": 1151400,
        "typical_volume": 670370.0,
        "trend": 28.59,
        "fair_value": 11.805321,
        "relative_strength": 88.352894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.919384,
        "energy": 88.494002,
        "activity_lines": [
          46.383333,
          42.354,
          35.832095,
          32.543204
        ]
      },
      {
        "date": "2026-03-13",
        "close": 55.599998,
        "volume": 2080000,
        "typical_volume": 737080.0,
        "trend": 29.801,
        "fair_value": 12.148397,
        "relative_strength": 108.805077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.727012,
        "energy": 82.92618,
        "activity_lines": [
          49.959999,
          45.461454,
          38.100571,
          34.285785
        ]
      },
      {
        "date": "2026-03-20",
        "close": 67.849998,
        "volume": 2327800,
        "typical_volume": 831430.0,
        "trend": 31.327,
        "fair_value": 12.570513,
        "relative_strength": 154.951692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.737437,
        "energy": 90.181503,
        "activity_lines": [
          56.643999,
          50.262363,
          41.398571,
          36.740559
        ]
      },
      {
        "date": "2026-03-27",
        "close": 65.010002,
        "volume": 1951400,
        "typical_volume": 903795.0,
        "trend": 32.719,
        "fair_value": 12.973782,
        "relative_strength": 131.446938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.962669,
        "energy": 80.699141,
        "activity_lines": [
          60.622,
          53.822909,
          44.230428,
          38.913656
        ]
      },
      {
        "date": "2026-04-03",
        "close": 59.73,
        "volume": 1473300,
        "typical_volume": 959015.0,
        "trend": 33.974333,
        "fair_value": 13.342885,
        "relative_strength": 99.604437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.327057,
        "energy": 68.338287,
        "activity_lines": [
          61.534667,
          55.856727,
          46.376905,
          40.656301
        ]
      },
      {
        "date": "2026-04-10",
        "close": 62.349998,
        "volume": 1188400,
        "typical_volume": 998160.0,
        "trend": 35.313,
        "fair_value": 13.728782,
        "relative_strength": 99.014814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.818163,
        "energy": 67.499666,
        "activity_lines": [
          62.466666,
          57.917272,
          48.613428,
          42.486989
        ]
      },
      {
        "date": "2026-04-17",
        "close": 59.889999,
        "volume": 1349300,
        "typical_volume": 1046900.0,
        "trend": 36.603333,
        "fair_value": 14.099167,
        "relative_strength": 82.961409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.277392,
        "energy": 64.307402,
        "activity_lines": [
          61.727333,
          59.08109,
          50.438142,
          44.072602
        ]
      },
      {
        "date": "2026-04-24",
        "close": 60.900002,
        "volume": 1208300,
        "typical_volume": 1094345.0,
        "trend": 37.941333,
        "fair_value": 14.475641,
        "relative_strength": 84.225761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.096661,
        "energy": 59.276004,
        "activity_lines": [
          61.038667,
          60.084363,
          52.187333,
          45.640129
        ]
      },
      {
        "date": "2026-05-01",
        "close": 64.650002,
        "volume": 899400,
        "typical_volume": 1118600.0,
        "trend": 39.419667,
        "fair_value": 14.876538,
        "relative_strength": 90.732875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.030569,
        "energy": 59.692546,
        "activity_lines": [
          62.063334,
          61.416,
          54.114095,
          47.363269
        ]
      },
      {
        "date": "2026-05-08",
        "close": 59.369999,
        "volume": 966300,
        "typical_volume": 1138605.0,
        "trend": 40.550667,
        "fair_value": 15.243269,
        "relative_strength": 70.358832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.931159,
        "energy": 45.719913,
        "activity_lines": [
          61.352,
          61.438182,
          55.343571,
          48.650387
        ]
      },
      {
        "date": "2026-05-15",
        "close": 58.970001,
        "volume": 1081400,
        "typical_volume": 1179140.0,
        "trend": 41.664667,
        "fair_value": 15.605833,
        "relative_strength": 66.863552,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.122575,
        "energy": 41.114684,
        "activity_lines": [
          60.531334,
          61.161273,
          56.364476,
          49.838731
        ]
      },
      {
        "date": "2026-05-22",
        "close": 57.41,
        "volume": 691700,
        "typical_volume": 1191310.0,
        "trend": 42.685,
        "fair_value": 15.958654,
        "relative_strength": 56.481421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.322957,
        "energy": 35.100396,
        "activity_lines": [
          59.416,
          60.43,
          57.073,
          50.854559
        ]
      },
      {
        "date": "2026-05-29",
        "close": 50.509998,
        "volume": 1808800,
        "typical_volume": 1239710.0,
        "trend": 43.476667,
        "fair_value": 16.267244,
        "relative_strength": 34.587536,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.070132,
        "energy": 20.452717,
        "activity_lines": [
          56.166,
          58.411273,
          56.975952,
          51.359398
        ]
      },
      {
        "date": "2026-06-05",
        "close": 50.759998,
        "volume": 244000,
        "typical_volume": 1190295.0,
        "trend": 44.279333,
        "fair_value": 16.577051,
        "relative_strength": 34.779356,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.852372,
        "energy": 17.336804,
        "activity_lines": [
          53.691999,
          56.753272,
          56.795666,
          51.82929
        ]
      },
      {
        "date": "2026-06-12",
        "close": 50.349998,
        "volume": 87400,
        "typical_volume": 1141430.0,
        "trend": 45.083,
        "fair_value": 16.885064,
        "relative_strength": 30.071786,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.027318,
        "energy": 17.570832,
        "activity_lines": [
          52.007332,
          55.279817,
          56.495761,
          52.220946
        ]
      },
      {
        "date": "2026-06-19",
        "close": 51.490002,
        "volume": 123400,
        "typical_volume": 1093700.0,
        "trend": 45.963667,
        "fair_value": 17.200577,
        "relative_strength": 31.187409,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.418767,
        "energy": 22.126765,
        "activity_lines": [
          51.303999,
          54.184181,
          56.231333,
          52.634301
        ]
      },
      {
        "date": "2026-06-26",
        "close": 46.200001,
        "volume": 110500,
        "typical_volume": 1045825.0,
        "trend": 46.709333,
        "fair_value": 17.477756,
        "relative_strength": 16.527359,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -14.170805,
        "energy": 31.689128,
        "activity_lines": [
          49.336,
          52.324182,
          55.397095,
          52.649548
        ]
      },
      {
        "date": "2026-07-03",
        "close": 46.740002,
        "volume": 36900,
        "typical_volume": 1019090.0,
        "trend": 47.494333,
        "fair_value": 17.757308,
        "relative_strength": 15.86592,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -13.232005,
        "energy": 45.946466,
        "activity_lines": [
          48.295334,
          50.811273,
          54.589333,
          52.651527
        ]
      },
      {
        "date": "2026-07-10",
        "close": 46.98,
        "volume": 1019000,
        "typical_volume": 1022965.0,
        "trend": 48.266333,
        "fair_value": 18.037949,
        "relative_strength": 15.117859,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -28.235538,
        "energy": 52.30442,
        "activity_lines": [
          47.586001,
          49.599455,
          53.779286,
          52.618344
        ]
      },
      {
        "date": "2026-07-17",
        "close": 53.279999,
        "volume": 1099800,
        "typical_volume": 1044925.0,
        "trend": 49.256667,
        "fair_value": 18.357179,
        "relative_strength": 28.962356,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -21.612709,
        "energy": 30.785207,
        "activity_lines": [
          49.228667,
          49.854364,
          53.561857,
          52.941806
        ]
      },
      {
        "date": "2026-07-24",
        "close": 55.830002,
        "volume": 1157100,
        "typical_volume": 1045210.0,
        "trend": 50.298667,
        "fair_value": 18.691731,
        "relative_strength": 32.822367,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.774457,
        "energy": 15.159301,
        "activity_lines": [
          51.526001,
          50.683637,
          53.557,
          53.365893
        ]
      },
      {
        "date": "2026-07-31",
        "close": 56.23,
        "volume": 563600,
        "typical_volume": 969390.0,
        "trend": 51.298333,
        "fair_value": 19.02891,
        "relative_strength": 32.379357,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.153286,
        "energy": 23.25974,
        "activity_lines": [
          53.667334,
          51.642728,
          53.560476,
          53.748559
        ]
      },
      {
        "date": "2026-08-07",
        "close": 54.18,
        "volume": 540400,
        "typical_volume": 880020.0,
        "trend": 52.17,
        "fair_value": 19.352372,
        "relative_strength": 21.917586,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.192485,
        "energy": 28.359386,
        "activity_lines": [
          54.456667,
          52.250546,
          53.365714,
          53.934473
        ]
      }
    ],
    "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."
    }
  }
}