{
  "ticker": {
    "uuid": "ea3bad4a-ba00-47b5-9a72-aa3b79a90ef1",
    "symbol": "BCBP",
    "name": "BCB Bancorp Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 63.896,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": -12.877,
    "architecture_energy": 20.723,
    "architecture_maturity": 59.589,
    "architecture_confidence": 72.214,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 58.75,
        "rotation_up": 14.31,
        "upward_expansion": 46.27,
        "deceleration": 87.43,
        "rotation_down": 40.05,
        "downward_expansion": 26.61
      },
      "activity_lines": [
        9.724,
        10.079273,
        10.175139,
        9.861964
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 8.91,
    "trend_reference": 9.353439,
    "distance_from_trend": -0.047409,
    "trend_direction": "Improving",
    "fair_value": 9.389523,
    "distance_from_fair_value": -0.05107,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.941174,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.095163,
    "excess_performance": -0.09229,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.047409,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.098511,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.05107,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.130783,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.109412,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.135163,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.095163,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.334808,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1468147,
      "relative_activity": 2.063428,
      "balance": 0.334808,
      "dry_up": 1.288345,
      "accumulation_observations": 2,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.084415,
      "annualized_volatility": 0.315896,
      "from_high_reference": -0.239112,
      "from_low_reference": 0.240469
    },
    "levels": {
      "trend_reference": 9.353439,
      "fair_value_reference": 9.389523,
      "structural_low": 7.728175,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.031442,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.02938,
        "regime_survival": 0.0,
        "best_return": 0.067984,
        "worst_return": -0.054627,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.00506,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.010953,
        "regime_survival": 0.0,
        "best_return": 0.075514,
        "worst_return": -0.392128,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.000144,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.226883,
        "regime_survival": 0.0,
        "best_return": 0.292025,
        "worst_return": -0.288688,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.03435,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.111047,
        "regime_survival": 0.0,
        "best_return": 0.247174,
        "worst_return": -0.315875,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-29",
        "end": "2024-02-23",
        "tenure": "Developing",
        "return": -0.149518,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-03-01",
        "end": "2024-03-29",
        "tenure": "Developing",
        "return": 0.001917,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-05",
        "end": "2024-07-05",
        "tenure": "Established",
        "return": 0.010473,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-12",
        "end": "2024-07-19",
        "tenure": "New",
        "return": 0.08046,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-07-26",
        "end": "2024-08-16",
        "tenure": "New",
        "return": -0.060485,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-23",
        "end": "2024-12-20",
        "tenure": "Established",
        "return": -0.036037,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-27",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.060034,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-17",
        "end": "2025-02-07",
        "tenure": "New",
        "return": -0.068906,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-14",
        "end": "2025-07-25",
        "tenure": "Established",
        "return": -0.153842,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-01",
        "end": "2025-10-31",
        "tenure": "Established",
        "return": -0.00097,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-07",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.060159,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2026-04-03",
        "tenure": "Established",
        "return": 0.085464,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-10",
        "end": "2026-07-10",
        "tenure": "Established",
        "return": 0.091297,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.134111,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 9.807249,
        "volume": 298693,
        "typical_volume": 353993.7,
        "trend": 10.918725,
        "fair_value": 11.861571,
        "relative_strength": -34.872773,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.320319,
        "energy": 14.009181,
        "activity_lines": [
          10.273929,
          10.216601,
          9.967163,
          10.172961
        ]
      },
      {
        "date": "2023-08-25",
        "close": 9.518551,
        "volume": 183022,
        "typical_volume": 346951.6,
        "trend": 10.744201,
        "fair_value": 11.883574,
        "relative_strength": -37.144112,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.414444,
        "energy": 22.097526,
        "activity_lines": [
          9.993983,
          10.096069,
          9.94506,
          10.082627
        ]
      },
      {
        "date": "2023-09-01",
        "close": 10.070474,
        "volume": 210738,
        "typical_volume": 337416.65,
        "trend": 10.586078,
        "fair_value": 11.909115,
        "relative_strength": -35.19826,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.907376,
        "energy": 21.489136,
        "activity_lines": [
          9.94707,
          10.092009,
          9.9775,
          10.039161
        ]
      },
      {
        "date": "2023-09-08",
        "close": 10.03651,
        "volume": 255688,
        "typical_volume": 321659.75,
        "trend": 10.441412,
        "fair_value": 11.93482,
        "relative_strength": -33.889597,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.556881,
        "energy": 25.131799,
        "activity_lines": [
          9.936314,
          10.081156,
          10.002711,
          10.003705
        ]
      },
      {
        "date": "2023-09-15",
        "close": 10.146894,
        "volume": 207515,
        "typical_volume": 303936.35,
        "trend": 10.29547,
        "fair_value": 11.960612,
        "relative_strength": -32.08304,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.050988,
        "energy": 15.328296,
        "activity_lines": [
          9.995752,
          10.086865,
          10.033897,
          9.984704
        ]
      },
      {
        "date": "2023-09-22",
        "close": 9.679882,
        "volume": 123976,
        "typical_volume": 275441.0,
        "trend": 10.136714,
        "fair_value": 11.984749,
        "relative_strength": -32.158536,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.287815,
        "energy": 19.76912,
        "activity_lines": [
          9.917068,
          10.0023,
          10.018687,
          9.944989
        ]
      },
      {
        "date": "2023-09-29",
        "close": 9.459113,
        "volume": 138641,
        "typical_volume": 257537.55,
        "trend": 9.985187,
        "fair_value": 12.00685,
        "relative_strength": -32.961964,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.976603,
        "energy": 34.881103,
        "activity_lines": [
          9.773285,
          9.881334,
          9.979238,
          9.901273
        ]
      },
      {
        "date": "2023-10-06",
        "close": 9.603462,
        "volume": 185189,
        "typical_volume": 246078.2,
        "trend": 9.891871,
        "fair_value": 12.028343,
        "relative_strength": -32.321046,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -25.044809,
        "energy": 32.209806,
        "activity_lines": [
          9.68158,
          9.801074,
          9.948739,
          9.876645
        ]
      },
      {
        "date": "2023-10-13",
        "close": 9.255326,
        "volume": 147928,
        "typical_volume": 238503.55,
        "trend": 9.821083,
        "fair_value": 12.045739,
        "relative_strength": -33.93066,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -29.780262,
        "energy": 47.471369,
        "activity_lines": [
          9.504965,
          9.678956,
          9.881557,
          9.835578
        ]
      },
      {
        "date": "2023-10-20",
        "close": 9.026066,
        "volume": 151975,
        "typical_volume": 236124.4,
        "trend": 9.755038,
        "fair_value": 12.056638,
        "relative_strength": -32.58423,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.804503,
        "energy": 56.420983,
        "activity_lines": [
          9.304009,
          9.538466,
          9.792387,
          9.784286
        ]
      },
      {
        "date": "2023-10-27",
        "close": 8.431687,
        "volume": 384442,
        "typical_volume": 239017.45,
        "trend": 9.674686,
        "fair_value": 12.067174,
        "relative_strength": -34.200832,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -58.270853,
        "energy": 70.758987,
        "activity_lines": [
          8.979648,
          9.315073,
          9.650103,
          9.698909
        ]
      },
      {
        "date": "2023-11-03",
        "close": 9.479774,
        "volume": 219137,
        "typical_volume": 234384.9,
        "trend": 9.659548,
        "fair_value": 12.082928,
        "relative_strength": -29.221301,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.931705,
        "energy": 52.436015,
        "activity_lines": [
          9.087862,
          9.30725,
          9.61464,
          9.686334
        ]
      },
      {
        "date": "2023-11-10",
        "close": 9.152291,
        "volume": 139338,
        "typical_volume": 222000.8,
        "trend": 9.656891,
        "fair_value": 12.090999,
        "relative_strength": -32.435014,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -58.362243,
        "energy": 51.175764,
        "activity_lines": [
          9.085538,
          9.240591,
          9.552396,
          9.653608
        ]
      },
      {
        "date": "2023-11-17",
        "close": 10.057179,
        "volume": 226608,
        "typical_volume": 223638.25,
        "trend": 9.689351,
        "fair_value": 12.105453,
        "relative_strength": -25.968321,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -25.122213,
        "energy": 17.426131,
        "activity_lines": [
          9.414921,
          9.355151,
          9.580541,
          9.679433
        ]
      },
      {
        "date": "2023-11-24",
        "close": 9.970999,
        "volume": 60791,
        "typical_volume": 215230.6,
        "trend": 9.696919,
        "fair_value": 12.117169,
        "relative_strength": -26.004234,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.25268,
        "energy": 15.632378,
        "activity_lines": [
          9.662121,
          9.453665,
          9.599462,
          9.697603
        ]
      },
      {
        "date": "2023-12-01",
        "close": 10.246774,
        "volume": 196248,
        "typical_volume": 213744.4,
        "trend": 9.738307,
        "fair_value": 12.130314,
        "relative_strength": -22.867925,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.871002,
        "energy": 21.692766,
        "activity_lines": [
          9.938251,
          9.605519,
          9.64408,
          9.733078
        ]
      },
      {
        "date": "2023-12-08",
        "close": 10.376044,
        "volume": 154473,
        "typical_volume": 196333.15,
        "trend": 9.802451,
        "fair_value": 12.142927,
        "relative_strength": -21.118559,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.587772,
        "energy": 32.572151,
        "activity_lines": [
          10.136464,
          9.77057,
          9.699289,
          9.774222
        ]
      },
      {
        "date": "2023-12-15",
        "close": 11.151662,
        "volume": 458726,
        "typical_volume": 207336.9,
        "trend": 9.878754,
        "fair_value": 12.162406,
        "relative_strength": -16.613315,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.772751,
        "energy": 57.61935,
        "activity_lines": [
          10.533466,
          10.05997,
          9.827788,
          9.861268
        ]
      },
      {
        "date": "2023-12-22",
        "close": 11.194752,
        "volume": 156818,
        "typical_volume": 204810.6,
        "trend": 9.944475,
        "fair_value": 12.181967,
        "relative_strength": -15.698174,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 76.85407,
        "energy": 76.256619,
        "activity_lines": [
          10.811539,
          10.329056,
          9.958633,
          9.946171
        ]
      },
      {
        "date": "2023-12-29",
        "close": 11.0741,
        "volume": 178153,
        "typical_volume": 203904.95,
        "trend": 9.988287,
        "fair_value": 12.199201,
        "relative_strength": -15.451892,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.892632,
        "energy": 74.547193,
        "activity_lines": [
          10.973557,
          10.540942,
          10.074858,
          10.01905
        ]
      },
      {
        "date": "2024-01-05",
        "close": 11.151662,
        "volume": 255469,
        "typical_volume": 201743.75,
        "trend": 10.029933,
        "fair_value": 12.212804,
        "relative_strength": -10.630232,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.090936,
        "energy": 74.272434,
        "activity_lines": [
          11.087889,
          10.729694,
          10.195307,
          10.094107
        ]
      },
      {
        "date": "2024-01-12",
        "close": 10.85865,
        "volume": 173004,
        "typical_volume": 201242.85,
        "trend": 10.045043,
        "fair_value": 12.223073,
        "relative_strength": -14.277007,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.633424,
        "energy": 58.818951,
        "activity_lines": [
          11.044224,
          10.815717,
          10.281449,
          10.147572
        ]
      },
      {
        "date": "2024-01-19",
        "close": 11.11719,
        "volume": 127928,
        "typical_volume": 197102.35,
        "trend": 10.081068,
        "fair_value": 12.23563,
        "relative_strength": -13.279806,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.600742,
        "energy": 47.062091,
        "activity_lines": [
          11.054566,
          10.923677,
          10.385833,
          10.216743
        ]
      },
      {
        "date": "2024-01-26",
        "close": 11.565324,
        "volume": 186783,
        "typical_volume": 193657.1,
        "trend": 10.13846,
        "fair_value": 12.254021,
        "relative_strength": -9.030263,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.335648,
        "energy": 51.575092,
        "activity_lines": [
          11.216584,
          11.07739,
          10.527911,
          10.312502
        ]
      },
      {
        "date": "2024-02-02",
        "close": 10.13474,
        "volume": 238469,
        "typical_volume": 195204.8,
        "trend": 10.147885,
        "fair_value": 12.257322,
        "relative_strength": -19.961511,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.659769,
        "energy": 26.274756,
        "activity_lines": [
          10.877035,
          10.943577,
          10.526463,
          10.312262
        ]
      },
      {
        "date": "2024-02-09",
        "close": 9.322214,
        "volume": 341224,
        "typical_volume": 206067.2,
        "trend": 10.129109,
        "fair_value": 12.253891,
        "relative_strength": -26.440073,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 6.736095,
        "energy": 12.244667,
        "activity_lines": [
          10.329269,
          10.659054,
          10.44769,
          10.258992
        ]
      },
      {
        "date": "2024-02-16",
        "close": 10.038635,
        "volume": 426637,
        "typical_volume": 220467.0,
        "trend": 10.121916,
        "fair_value": 12.254119,
        "relative_strength": -18.225457,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 17.275965,
        "energy": 20.620292,
        "activity_lines": [
          10.142273,
          10.521599,
          10.43885,
          10.253155
        ]
      },
      {
        "date": "2024-02-23",
        "close": 9.418319,
        "volume": 207422,
        "typical_volume": 221578.65,
        "trend": 10.076438,
        "fair_value": 12.249486,
        "relative_strength": -22.899454,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -26.347295,
        "energy": 32.466784,
        "activity_lines": [
          9.803172,
          10.277495,
          10.368173,
          10.207762
        ]
      },
      {
        "date": "2024-03-01",
        "close": 9.11253,
        "volume": 146360,
        "typical_volume": 221500.25,
        "trend": 10.028939,
        "fair_value": 12.234785,
        "relative_strength": -25.518299,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.545732,
        "energy": 40.978296,
        "activity_lines": [
          9.4754,
          10.009308,
          10.269255,
          10.145574
        ]
      },
      {
        "date": "2024-03-08",
        "close": 9.103793,
        "volume": 174797,
        "typical_volume": 222641.35,
        "trend": 9.985395,
        "fair_value": 12.215656,
        "relative_strength": -23.261043,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.556227,
        "energy": 52.41188,
        "activity_lines": [
          9.308235,
          9.777391,
          10.170185,
          10.085888
        ]
      },
      {
        "date": "2024-03-15",
        "close": 8.492214,
        "volume": 372862,
        "typical_volume": 222062.35,
        "trend": 9.94156,
        "fair_value": 12.199141,
        "relative_strength": -26.63773,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.174846,
        "energy": 62.588518,
        "activity_lines": [
          9.00594,
          9.470102,
          10.012499,
          9.989553
        ]
      },
      {
        "date": "2024-03-22",
        "close": 8.998951,
        "volume": 271583,
        "typical_volume": 224684.65,
        "trend": 9.92424,
        "fair_value": 12.188675,
        "relative_strength": -23.678371,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.744479,
        "energy": 55.794643,
        "activity_lines": [
          8.927891,
          9.3033,
          9.902786,
          9.92874
        ]
      },
      {
        "date": "2024-03-29",
        "close": 9.130003,
        "volume": 199793,
        "typical_volume": 227707.4,
        "trend": 9.892891,
        "fair_value": 12.178803,
        "relative_strength": -21.383965,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.712977,
        "energy": 48.907829,
        "activity_lines": [
          8.962838,
          9.194138,
          9.807843,
          9.877499
        ]
      },
      {
        "date": "2024-04-05",
        "close": 8.824214,
        "volume": 166426,
        "typical_volume": 224698.3,
        "trend": 9.852481,
        "fair_value": 12.167954,
        "relative_strength": -22.758475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.50872,
        "energy": 44.080595,
        "activity_lines": [
          8.915077,
          9.06551,
          9.683884,
          9.808552
        ]
      },
      {
        "date": "2024-04-12",
        "close": 8.544635,
        "volume": 232016,
        "typical_volume": 233259.55,
        "trend": 9.799073,
        "fair_value": 12.156197,
        "relative_strength": -24.287067,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.477112,
        "energy": 43.002024,
        "activity_lines": [
          8.793344,
          8.935887,
          9.539169,
          9.724175
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8.710635,
        "volume": 229123,
        "typical_volume": 234903.3,
        "trend": 9.766765,
        "fair_value": 12.143932,
        "relative_strength": -17.936948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.410913,
        "energy": 39.307115,
        "activity_lines": [
          8.764221,
          8.865357,
          9.417056,
          9.653953
        ]
      },
      {
        "date": "2024-04-26",
        "close": 8.265056,
        "volume": 254371,
        "typical_volume": 239898.2,
        "trend": 9.726963,
        "fair_value": 12.129253,
        "relative_strength": -24.451038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.633102,
        "energy": 48.669566,
        "activity_lines": [
          8.57201,
          8.724932,
          9.259822,
          9.557068
        ]
      },
      {
        "date": "2024-05-03",
        "close": 8.721247,
        "volume": 299350,
        "typical_volume": 231929.4,
        "trend": 9.697556,
        "fair_value": 12.116811,
        "relative_strength": -20.617165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.562917,
        "energy": 48.130239,
        "activity_lines": [
          8.58079,
          8.699697,
          9.156087,
          9.492184
        ]
      },
      {
        "date": "2024-05-10",
        "close": 9.334043,
        "volume": 300231,
        "typical_volume": 239100.05,
        "trend": 9.700179,
        "fair_value": 12.107452,
        "relative_strength": -15.979816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.241804,
        "energy": 30.831229,
        "activity_lines": [
          8.821085,
          8.798555,
          9.122287,
          9.468731
        ]
      },
      {
        "date": "2024-05-17",
        "close": 9.609358,
        "volume": 239212,
        "typical_volume": 242153.0,
        "trend": 9.719623,
        "fair_value": 12.09703,
        "relative_strength": -15.017983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.177067,
        "energy": 17.812086,
        "activity_lines": [
          9.119163,
          8.943442,
          9.123568,
          9.462872
        ]
      },
      {
        "date": "2024-05-24",
        "close": 9.094253,
        "volume": 174175,
        "typical_volume": 238088.3,
        "trend": 9.741708,
        "fair_value": 12.082809,
        "relative_strength": -20.2444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.842329,
        "energy": 21.824866,
        "activity_lines": [
          9.174558,
          8.985481,
          9.082767,
          9.422525
        ]
      },
      {
        "date": "2024-05-31",
        "close": 8.881107,
        "volume": 128515,
        "typical_volume": 235863.85,
        "trend": 9.721752,
        "fair_value": 12.067718,
        "relative_strength": -20.370648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.370937,
        "energy": 22.463522,
        "activity_lines": [
          9.13333,
          8.977821,
          9.031463,
          9.367003
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8.641317,
        "volume": 183730,
        "typical_volume": 238653.95,
        "trend": 9.70472,
        "fair_value": 12.054415,
        "relative_strength": -24.012477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.902539,
        "energy": 20.235066,
        "activity_lines": [
          8.971102,
          8.928705,
          8.966738,
          9.297297
        ]
      },
      {
        "date": "2024-06-14",
        "close": 8.525863,
        "volume": 175680,
        "typical_volume": 238098.8,
        "trend": 9.653676,
        "fair_value": 12.045088,
        "relative_strength": -26.956438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.008112,
        "energy": 35.598701,
        "activity_lines": [
          8.775718,
          8.867482,
          8.902808,
          9.221242
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8.810058,
        "volume": 182578,
        "typical_volume": 235304.25,
        "trend": 9.614978,
        "fair_value": 12.035498,
        "relative_strength": -24.109123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.099008,
        "energy": 37.387821,
        "activity_lines": [
          8.728944,
          8.863356,
          8.880418,
          9.166815
        ]
      },
      {
        "date": "2024-06-28",
        "close": 9.440617,
        "volume": 324550,
        "typical_volume": 234470.55,
        "trend": 9.588106,
        "fair_value": 12.029553,
        "relative_strength": -18.163439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.610793,
        "energy": 17.550652,
        "activity_lines": [
          8.945643,
          8.969052,
          8.924389,
          9.155566
        ]
      },
      {
        "date": "2024-07-05",
        "close": 8.916631,
        "volume": 214015,
        "typical_volume": 223839.45,
        "trend": 9.539459,
        "fair_value": 12.02015,
        "relative_strength": -24.814447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.534757,
        "energy": 16.68616,
        "activity_lines": [
          8.964589,
          8.966204,
          8.917892,
          9.112245
        ]
      },
      {
        "date": "2024-07-12",
        "close": 10.044532,
        "volume": 185494,
        "typical_volume": 222743.05,
        "trend": 9.502555,
        "fair_value": 12.018125,
        "relative_strength": -14.665447,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 9.137013,
        "energy": 16.707522,
        "activity_lines": [
          9.357134,
          9.156583,
          9.024158,
          9.14483
        ]
      },
      {
        "date": "2024-07-19",
        "close": 10.852713,
        "volume": 360474,
        "typical_volume": 233448.75,
        "trend": 9.491153,
        "fair_value": 12.015474,
        "relative_strength": -3.638415,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.657233,
        "energy": 52.795276,
        "activity_lines": [
          9.925525,
          9.469844,
          9.204411,
          9.231937
        ]
      },
      {
        "date": "2024-07-26",
        "close": 11.261243,
        "volume": 290883,
        "typical_volume": 239253.05,
        "trend": 9.497392,
        "fair_value": 12.01301,
        "relative_strength": 2.972158,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 56.104698,
        "energy": 73.87809,
        "activity_lines": [
          10.474969,
          9.829771,
          9.415286,
          9.346136
        ]
      },
      {
        "date": "2024-08-02",
        "close": 10.382014,
        "volume": 467009,
        "typical_volume": 243960.4,
        "trend": 9.471737,
        "fair_value": 12.002564,
        "relative_strength": -1.628093,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.469847,
        "energy": 66.446577,
        "activity_lines": [
          10.567925,
          9.999803,
          9.532151,
          9.403209
        ]
      },
      {
        "date": "2024-08-09",
        "close": 10.147901,
        "volume": 181717,
        "typical_volume": 239467.1,
        "trend": 9.448045,
        "fair_value": 11.991018,
        "relative_strength": -3.721294,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.990466,
        "energy": 61.796323,
        "activity_lines": [
          10.520083,
          10.103856,
          9.61772,
          9.446832
        ]
      },
      {
        "date": "2024-08-16",
        "close": 10.58011,
        "volume": 160374,
        "typical_volume": 237496.15,
        "trend": 9.430142,
        "fair_value": 11.982845,
        "relative_strength": -4.406744,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 62.437537,
        "energy": 59.217875,
        "activity_lines": [
          10.534226,
          10.26346,
          9.73898,
          9.519869
        ]
      },
      {
        "date": "2024-08-23",
        "close": 11.426518,
        "volume": 293655,
        "typical_volume": 243857.6,
        "trend": 9.425515,
        "fair_value": 11.980498,
        "relative_strength": 2.384998,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.281635,
        "energy": 52.748929,
        "activity_lines": [
          10.7948,
          10.541706,
          9.933946,
          9.648667
        ]
      },
      {
        "date": "2024-08-30",
        "close": 11.174397,
        "volume": 243666,
        "typical_volume": 244440.1,
        "trend": 9.460171,
        "fair_value": 11.976636,
        "relative_strength": 1.193986,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.310677,
        "energy": 50.411281,
        "activity_lines": [
          10.93308,
          10.721372,
          10.092509,
          9.761498
        ]
      },
      {
        "date": "2024-09-06",
        "close": 10.607123,
        "volume": 308380,
        "typical_volume": 248402.95,
        "trend": 9.503001,
        "fair_value": 11.971796,
        "relative_strength": 2.25668,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.531251,
        "energy": 45.399116,
        "activity_lines": [
          10.888059,
          10.754909,
          10.184522,
          9.835495
        ]
      },
      {
        "date": "2024-09-13",
        "close": 11.237427,
        "volume": 168745,
        "typical_volume": 244121.65,
        "trend": 9.542961,
        "fair_value": 11.971598,
        "relative_strength": 2.593205,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.661913,
        "energy": 49.119233,
        "activity_lines": [
          11.038131,
          10.881838,
          10.327534,
          9.947394
        ]
      },
      {
        "date": "2024-09-20",
        "close": 11.345479,
        "volume": 249884,
        "typical_volume": 241648.35,
        "trend": 9.607199,
        "fair_value": 11.97094,
        "relative_strength": 2.36934,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.750737,
        "energy": 47.026182,
        "activity_lines": [
          11.151586,
          10.986216,
          10.466682,
          10.063685
        ]
      },
      {
        "date": "2024-09-27",
        "close": 10.985305,
        "volume": 110790,
        "typical_volume": 232176.3,
        "trend": 9.669625,
        "fair_value": 11.966618,
        "relative_strength": -1.565298,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.182967,
        "energy": 40.036163,
        "activity_lines": [
          11.093958,
          11.001455,
          10.559031,
          10.152595
        ]
      },
      {
        "date": "2024-10-04",
        "close": 10.904266,
        "volume": 122240,
        "typical_volume": 226327.7,
        "trend": 9.729641,
        "fair_value": 11.961024,
        "relative_strength": -2.065929,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.575662,
        "energy": 37.250662,
        "activity_lines": [
          11.038731,
          10.999548,
          10.6358,
          10.232249
        ]
      },
      {
        "date": "2024-10-11",
        "close": 11.219418,
        "volume": 125411,
        "typical_volume": 223889.5,
        "trend": 9.820548,
        "fair_value": 11.958102,
        "relative_strength": -0.236467,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.417211,
        "energy": 37.467935,
        "activity_lines": [
          11.106564,
          11.061433,
          10.736416,
          10.328364
        ]
      },
      {
        "date": "2024-10-18",
        "close": 11.930762,
        "volume": 316153,
        "typical_volume": 233271.4,
        "trend": 9.918275,
        "fair_value": 11.958888,
        "relative_strength": 5.984813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.828173,
        "energy": 45.627755,
        "activity_lines": [
          11.370691,
          11.237427,
          10.89466,
          10.464507
        ]
      },
      {
        "date": "2024-10-25",
        "close": 10.472057,
        "volume": 137689,
        "typical_volume": 230969.35,
        "trend": 9.96301,
        "fair_value": 11.94937,
        "relative_strength": -6.862102,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.612869,
        "energy": 26.721358,
        "activity_lines": [
          11.102362,
          11.115786,
          10.899458,
          10.500235
        ]
      },
      {
        "date": "2024-11-01",
        "close": 10.832231,
        "volume": 163775,
        "typical_volume": 230374.1,
        "trend": 10.029944,
        "fair_value": 11.9414,
        "relative_strength": -1.788589,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.152262,
        "energy": 24.242718,
        "activity_lines": [
          11.012318,
          11.061596,
          10.929839,
          10.556314
        ]
      },
      {
        "date": "2024-11-08",
        "close": 11.763055,
        "volume": 321277,
        "typical_volume": 237309.05,
        "trend": 10.137225,
        "fair_value": 11.94036,
        "relative_strength": 1.237032,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.284893,
        "energy": 35.975544,
        "activity_lines": [
          11.242754,
          11.187453,
          11.037888,
          10.668127
        ]
      },
      {
        "date": "2024-11-15",
        "close": 12.109832,
        "volume": 222559,
        "typical_volume": 232209.5,
        "trend": 10.250531,
        "fair_value": 11.940986,
        "relative_strength": 8.07871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.651243,
        "energy": 39.249172,
        "activity_lines": [
          11.53153,
          11.365656,
          11.164902,
          10.795392
        ]
      },
      {
        "date": "2024-11-22",
        "close": 12.319724,
        "volume": 159794,
        "typical_volume": 229498.45,
        "trend": 10.385687,
        "fair_value": 11.944275,
        "relative_strength": 8.078162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.541456,
        "energy": 65.421052,
        "activity_lines": [
          11.830909,
          11.5547,
          11.299195,
          10.928889
        ]
      },
      {
        "date": "2024-11-29",
        "close": 12.109832,
        "volume": 136265,
        "typical_volume": 227037.0,
        "trend": 10.49864,
        "fair_value": 11.945458,
        "relative_strength": 5.657095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.844146,
        "energy": 68.059624,
        "activity_lines": [
          12.034393,
          11.685903,
          11.397292,
          11.040124
        ]
      },
      {
        "date": "2024-12-06",
        "close": 11.790432,
        "volume": 132645,
        "typical_volume": 215645.55,
        "trend": 10.580519,
        "fair_value": 11.944797,
        "relative_strength": -0.037641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.988334,
        "energy": 62.924916,
        "activity_lines": [
          12.022225,
          11.745137,
          11.455136,
          11.123465
        ]
      },
      {
        "date": "2024-12-13",
        "close": 11.343272,
        "volume": 193883,
        "typical_volume": 210795.55,
        "trend": 10.638316,
        "fair_value": 11.941269,
        "relative_strength": -4.04243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.370011,
        "energy": 37.785291,
        "activity_lines": [
          11.797124,
          11.70843,
          11.465928,
          11.172675
        ]
      },
      {
        "date": "2024-12-20",
        "close": 11.014746,
        "volume": 524499,
        "typical_volume": 213670.05,
        "trend": 10.702333,
        "fair_value": 11.932949,
        "relative_strength": -4.167307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.685754,
        "energy": 15.635411,
        "activity_lines": [
          11.4905,
          11.604009,
          11.445042,
          11.196961
        ]
      },
      {
        "date": "2024-12-27",
        "close": 10.640591,
        "volume": 115181,
        "typical_volume": 210343.25,
        "trend": 10.760982,
        "fair_value": 11.922939,
        "relative_strength": -7.713098,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.586281,
        "energy": 15.191887,
        "activity_lines": [
          11.132163,
          11.435281,
          11.385508,
          11.192977
        ]
      },
      {
        "date": "2025-01-03",
        "close": 10.604088,
        "volume": 157721,
        "typical_volume": 210210.6,
        "trend": 10.826408,
        "fair_value": 11.910719,
        "relative_strength": -6.687367,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -2.608208,
        "energy": 19.341498,
        "activity_lines": [
          10.873601,
          11.283374,
          11.320152,
          11.182855
        ]
      },
      {
        "date": "2025-01-10",
        "close": 10.001791,
        "volume": 172315,
        "typical_volume": 204143.6,
        "trend": 10.875606,
        "fair_value": 11.893219,
        "relative_strength": -9.458657,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -34.443284,
        "energy": 36.296109,
        "activity_lines": [
          10.514656,
          11.019558,
          11.19732,
          11.129654
        ]
      },
      {
        "date": "2025-01-17",
        "close": 10.594963,
        "volume": 228296,
        "typical_volume": 203375.1,
        "trend": 10.935102,
        "fair_value": 11.880636,
        "relative_strength": -6.24673,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.521312,
        "energy": 42.763512,
        "activity_lines": [
          10.472678,
          10.87869,
          11.137764,
          11.111548
        ]
      },
      {
        "date": "2025-01-24",
        "close": 10.531082,
        "volume": 172789,
        "typical_volume": 196595.55,
        "trend": 10.971451,
        "fair_value": 11.862321,
        "relative_strength": -7.579341,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.186141,
        "energy": 49.116841,
        "activity_lines": [
          10.459293,
          10.747445,
          11.074885,
          11.085482
        ]
      },
      {
        "date": "2025-01-31",
        "close": 9.883156,
        "volume": 596522,
        "typical_volume": 217984.4,
        "trend": 11.003669,
        "fair_value": 11.83229,
        "relative_strength": -11.664382,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.82504,
        "energy": 52.310356,
        "activity_lines": [
          10.262178,
          10.5271,
          10.95066,
          11.01527
        ]
      },
      {
        "date": "2025-02-07",
        "close": 9.864905,
        "volume": 226702,
        "typical_volume": 216825.3,
        "trend": 10.997681,
        "fair_value": 11.801375,
        "relative_strength": -11.728393,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -67.272521,
        "energy": 59.14119,
        "activity_lines": [
          10.109474,
          10.347738,
          10.831146,
          10.941801
        ]
      },
      {
        "date": "2025-02-14",
        "close": 9.577757,
        "volume": 209216,
        "typical_volume": 221746.6,
        "trend": 10.955183,
        "fair_value": 11.767699,
        "relative_strength": -16.297279,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.989601,
        "energy": 68.924945,
        "activity_lines": [
          9.910333,
          10.156985,
          10.691334,
          10.850193
        ]
      },
      {
        "date": "2025-02-21",
        "close": 9.22577,
        "volume": 175160,
        "typical_volume": 224392.6,
        "trend": 10.887333,
        "fair_value": 11.732533,
        "relative_strength": -17.212515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.142416,
        "energy": 78.435377,
        "activity_lines": [
          9.622132,
          9.942464,
          10.524703,
          10.738618
        ]
      },
      {
        "date": "2025-02-28",
        "close": 9.383238,
        "volume": 306338,
        "typical_volume": 233438.95,
        "trend": 10.854041,
        "fair_value": 11.70114,
        "relative_strength": -12.664923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.637306,
        "energy": 77.746554,
        "activity_lines": [
          9.4777,
          9.795073,
          10.381062,
          10.64158
        ]
      },
      {
        "date": "2025-03-07",
        "close": 9.151668,
        "volume": 273386,
        "typical_volume": 231300.6,
        "trend": 10.820833,
        "fair_value": 11.668211,
        "relative_strength": -11.802649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.176313,
        "energy": 79.264753,
        "activity_lines": [
          9.332601,
          9.635243,
          10.22411,
          10.531749
        ]
      },
      {
        "date": "2025-03-14",
        "close": 9.179456,
        "volume": 322100,
        "typical_volume": 240521.15,
        "trend": 10.774145,
        "fair_value": 11.634847,
        "relative_strength": -9.252223,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.848606,
        "energy": 74.54462,
        "activity_lines": [
          9.245531,
          9.507537,
          10.083038,
          10.425854
        ]
      },
      {
        "date": "2025-03-21",
        "close": 9.383238,
        "volume": 248284,
        "typical_volume": 244746.6,
        "trend": 10.706035,
        "fair_value": 11.600179,
        "relative_strength": -7.402921,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.425308,
        "energy": 64.606622,
        "activity_lines": [
          9.272084,
          9.442784,
          9.967529,
          10.336118
        ]
      },
      {
        "date": "2025-03-28",
        "close": 9.216507,
        "volume": 205651,
        "typical_volume": 238965.3,
        "trend": 10.640772,
        "fair_value": 11.566131,
        "relative_strength": -6.788302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.183807,
        "energy": 54.075055,
        "activity_lines": [
          9.256029,
          9.358963,
          9.843041,
          10.240019
        ]
      },
      {
        "date": "2025-04-04",
        "close": 8.670001,
        "volume": 278032,
        "typical_volume": 241738.95,
        "trend": 10.576202,
        "fair_value": 11.531599,
        "relative_strength": -2.7482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.430003,
        "energy": 58.64568,
        "activity_lines": [
          9.058422,
          9.20084,
          9.678632,
          10.112873
        ]
      },
      {
        "date": "2025-04-11",
        "close": 8.466219,
        "volume": 274072,
        "typical_volume": 247452.85,
        "trend": 10.483828,
        "fair_value": 11.495658,
        "relative_strength": -11.586099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.901909,
        "energy": 59.771844,
        "activity_lines": [
          8.840437,
          9.039503,
          9.511194,
          9.976745
        ]
      },
      {
        "date": "2025-04-18",
        "close": 8.762629,
        "volume": 227267,
        "typical_volume": 252002.95,
        "trend": 10.397733,
        "fair_value": 11.44816,
        "relative_strength": -6.248185,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.628421,
        "energy": 56.576834,
        "activity_lines": [
          8.766952,
          8.957822,
          9.390336,
          9.8657
        ]
      },
      {
        "date": "2025-04-25",
        "close": 7.836347,
        "volume": 491348,
        "typical_volume": 269938.1,
        "trend": 10.292768,
        "fair_value": 11.401171,
        "relative_strength": -21.01228,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.331039,
        "energy": 75.633699,
        "activity_lines": [
          8.412494,
          8.727767,
          9.1972,
          9.700449
        ]
      },
      {
        "date": "2025-05-02",
        "close": 7.771507,
        "volume": 463832,
        "typical_volume": 283435.55,
        "trend": 10.188342,
        "fair_value": 11.352373,
        "relative_strength": -23.977106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.703482,
        "energy": 88.055739,
        "activity_lines": [
          8.13955,
          8.517585,
          9.016718,
          9.537787
        ]
      },
      {
        "date": "2025-05-09",
        "close": 7.839819,
        "volume": 397157,
        "typical_volume": 277068.45,
        "trend": 10.075689,
        "fair_value": 11.306284,
        "relative_strength": -22.806203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.01104,
        "energy": 85.282699,
        "activity_lines": [
          7.985709,
          8.346265,
          8.85975,
          9.38627
        ]
      },
      {
        "date": "2025-05-16",
        "close": 7.896492,
        "volume": 260867,
        "typical_volume": 284352.75,
        "trend": 9.941213,
        "fair_value": 11.260609,
        "relative_strength": -26.825492,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.713882,
        "energy": 82.764977,
        "activity_lines": [
          7.906105,
          8.213311,
          8.723298,
          9.245676
        ]
      },
      {
        "date": "2025-05-23",
        "close": 7.547007,
        "volume": 335100,
        "typical_volume": 293221.7,
        "trend": 9.843712,
        "fair_value": 11.205522,
        "relative_strength": -28.033924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.797018,
        "energy": 80.792888,
        "activity_lines": [
          7.747988,
          8.039636,
          8.566629,
          9.091211
        ]
      },
      {
        "date": "2025-05-30",
        "close": 7.650908,
        "volume": 216931,
        "typical_volume": 295452.5,
        "trend": 9.737668,
        "fair_value": 11.151926,
        "relative_strength": -28.088767,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.412173,
        "energy": 63.186167,
        "activity_lines": [
          7.705546,
          7.914532,
          8.434413,
          8.94974
        ]
      },
      {
        "date": "2025-06-06",
        "close": 7.528115,
        "volume": 378520,
        "typical_volume": 302963.7,
        "trend": 9.596503,
        "fair_value": 11.108019,
        "relative_strength": -30.387628,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.075577,
        "energy": 62.058307,
        "activity_lines": [
          7.634535,
          7.7986,
          8.301697,
          8.807188
        ]
      },
      {
        "date": "2025-06-13",
        "close": 7.273085,
        "volume": 514744,
        "typical_volume": 320061.45,
        "trend": 9.435278,
        "fair_value": 11.062218,
        "relative_strength": -32.1059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.656848,
        "energy": 63.731881,
        "activity_lines": [
          7.494741,
          7.666996,
          8.159296,
          8.65729
        ]
      },
      {
        "date": "2025-06-20",
        "close": 7.405323,
        "volume": 317240,
        "typical_volume": 306097.35,
        "trend": 9.271465,
        "fair_value": 11.024645,
        "relative_strength": -30.565224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.510294,
        "energy": 59.11675,
        "activity_lines": [
          7.436808,
          7.584834,
          8.045004,
          8.526325
        ]
      },
      {
        "date": "2025-06-27",
        "close": 7.962611,
        "volume": 607044,
        "typical_volume": 325114.45,
        "trend": 9.133224,
        "fair_value": 10.986826,
        "relative_strength": -27.954211,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.108436,
        "energy": 49.508278,
        "activity_lines": [
          7.597383,
          7.623287,
          7.995586,
          8.441883
        ]
      },
      {
        "date": "2025-07-04",
        "close": 8.718257,
        "volume": 392014,
        "typical_volume": 334254.35,
        "trend": 9.030818,
        "fair_value": 10.952199,
        "relative_strength": -22.091984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.575374,
        "energy": 23.370583,
        "activity_lines": [
          7.982132,
          7.813675,
          8.027193,
          8.415111
        ]
      },
      {
        "date": "2025-07-11",
        "close": 8.368771,
        "volume": 399540,
        "typical_volume": 345473.35,
        "trend": 8.931668,
        "fair_value": 10.915177,
        "relative_strength": -24.559422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.047624,
        "energy": 25.799571,
        "activity_lines": [
          8.17923,
          7.924486,
          8.029609,
          8.372398
        ]
      },
      {
        "date": "2025-07-18",
        "close": 8.264869,
        "volume": 437113,
        "typical_volume": 352012.1,
        "trend": 8.840006,
        "fair_value": 10.871967,
        "relative_strength": -25.846318,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.76105,
        "energy": 27.642275,
        "activity_lines": [
          8.28565,
          8.005546,
          8.026209,
          8.329379
        ]
      },
      {
        "date": "2025-07-25",
        "close": 8.104295,
        "volume": 302898,
        "typical_volume": 353487.7,
        "trend": 8.755462,
        "fair_value": 10.823703,
        "relative_strength": -27.227723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -10.912657,
        "energy": 22.509127,
        "activity_lines": [
          8.272426,
          8.049682,
          8.012843,
          8.281914
        ]
      },
      {
        "date": "2025-08-01",
        "close": 7.650908,
        "volume": 411479,
        "typical_volume": 357956.65,
        "trend": 8.657023,
        "fair_value": 10.771387,
        "relative_strength": -29.094273,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.115307,
        "energy": 16.506815,
        "activity_lines": [
          8.061475,
          8.007607,
          7.961284,
          8.210652
        ]
      },
      {
        "date": "2025-08-08",
        "close": 8.057067,
        "volume": 308092,
        "typical_volume": 360947.05,
        "trend": 8.592199,
        "fair_value": 10.719334,
        "relative_strength": -27.397763,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.94994,
        "energy": 19.748558,
        "activity_lines": [
          8.006691,
          8.037489,
          7.955687,
          8.171946
        ]
      },
      {
        "date": "2025-08-15",
        "close": 8.057429,
        "volume": 322783,
        "typical_volume": 366803.65,
        "trend": 8.507615,
        "fair_value": 10.668012,
        "relative_strength": -27.13301,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.518301,
        "energy": 21.867857,
        "activity_lines": [
          7.996106,
          8.060052,
          7.956438,
          8.137444
        ]
      },
      {
        "date": "2025-08-22",
        "close": 8.760168,
        "volume": 294365,
        "typical_volume": 367620.3,
        "trend": 8.448584,
        "fair_value": 10.62749,
        "relative_strength": -19.335697,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.584771,
        "energy": 6.023468,
        "activity_lines": [
          8.240525,
          8.200763,
          8.029637,
          8.153738
        ]
      },
      {
        "date": "2025-08-29",
        "close": 8.567637,
        "volume": 268236,
        "typical_volume": 367328.5,
        "trend": 8.404733,
        "fair_value": 10.588961,
        "relative_strength": -20.198487,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.48357,
        "energy": 17.87265,
        "activity_lines": [
          8.387746,
          8.279429,
          8.08407,
          8.161419
        ]
      },
      {
        "date": "2025-09-05",
        "close": 8.413612,
        "volume": 210112,
        "typical_volume": 366470.75,
        "trend": 8.356357,
        "fair_value": 10.548559,
        "relative_strength": -21.669489,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.386132,
        "energy": 30.223353,
        "activity_lines": [
          8.452736,
          8.308959,
          8.123351,
          8.161992
        ]
      },
      {
        "date": "2025-09-12",
        "close": 8.30772,
        "volume": 228798,
        "typical_volume": 353343.25,
        "trend": 8.314022,
        "fair_value": 10.507739,
        "relative_strength": -23.29242,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.688807,
        "energy": 30.624495,
        "activity_lines": [
          8.431582,
          8.311035,
          8.154209,
          8.158854
        ]
      },
      {
        "date": "2025-09-19",
        "close": 8.346226,
        "volume": 387208,
        "typical_volume": 349512.05,
        "trend": 8.284704,
        "fair_value": 10.469715,
        "relative_strength": -23.79675,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.217108,
        "energy": 21.44068,
        "activity_lines": [
          8.406553,
          8.327576,
          8.186489,
          8.160931
        ]
      },
      {
        "date": "2025-09-26",
        "close": 8.538757,
        "volume": 327789,
        "typical_volume": 346043.65,
        "trend": 8.256555,
        "fair_value": 10.436879,
        "relative_strength": -20.992583,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.283154,
        "energy": 18.597343,
        "activity_lines": [
          8.426447,
          8.379533,
          8.234369,
          8.177322
        ]
      },
      {
        "date": "2025-10-03",
        "close": 8.221081,
        "volume": 312624,
        "typical_volume": 348631.5,
        "trend": 8.225535,
        "fair_value": 10.40206,
        "relative_strength": -24.127914,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.035177,
        "energy": 8.523816,
        "activity_lines": [
          8.355211,
          8.368751,
          8.248666,
          8.175033
        ]
      },
      {
        "date": "2025-10-10",
        "close": 7.643487,
        "volume": 293155,
        "typical_volume": 346534.25,
        "trend": 8.174336,
        "fair_value": 10.360832,
        "relative_strength": -27.048678,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -21.967485,
        "energy": 15.566163,
        "activity_lines": [
          8.114547,
          8.250829,
          8.206409,
          8.137482
        ]
      },
      {
        "date": "2025-10-17",
        "close": 7.624234,
        "volume": 377475,
        "typical_volume": 354561.45,
        "trend": 8.115703,
        "fair_value": 10.311,
        "relative_strength": -28.065716,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -33.479522,
        "energy": 28.523816,
        "activity_lines": [
          7.918807,
          8.129541,
          8.161858,
          8.101991
        ]
      },
      {
        "date": "2025-10-24",
        "close": 7.903404,
        "volume": 353160,
        "typical_volume": 353293.45,
        "trend": 8.071933,
        "fair_value": 10.257649,
        "relative_strength": -26.341362,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -14.124099,
        "energy": 29.800388,
        "activity_lines": [
          7.861689,
          8.066881,
          8.144022,
          8.088295
        ]
      },
      {
        "date": "2025-10-31",
        "close": 7.643487,
        "volume": 468936,
        "typical_volume": 351003.05,
        "trend": 8.037716,
        "fair_value": 10.20315,
        "relative_strength": -29.322597,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -23.731418,
        "energy": 43.767422,
        "activity_lines": [
          7.747454,
          7.959763,
          8.099645,
          8.060653
        ]
      },
      {
        "date": "2025-11-07",
        "close": 7.470209,
        "volume": 406767,
        "typical_volume": 355479.4,
        "trend": 8.004515,
        "fair_value": 10.147067,
        "relative_strength": -27.86766,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.124609,
        "energy": 52.021002,
        "activity_lines": [
          7.635144,
          7.841444,
          8.037001,
          8.02404
        ]
      },
      {
        "date": "2025-11-14",
        "close": 7.556051,
        "volume": 407791,
        "typical_volume": 345516.75,
        "trend": 7.964296,
        "fair_value": 10.090906,
        "relative_strength": -25.917815,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.088122,
        "energy": 47.966105,
        "activity_lines": [
          7.601506,
          7.758686,
          7.982224,
          7.995106
        ]
      },
      {
        "date": "2025-11-21",
        "close": 7.634658,
        "volume": 454073,
        "typical_volume": 348619.7,
        "trend": 7.957573,
        "fair_value": 10.036507,
        "relative_strength": -21.725808,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.515846,
        "energy": 43.839586,
        "activity_lines": [
          7.5999,
          7.705812,
          7.936869,
          7.973839
        ]
      },
      {
        "date": "2025-11-28",
        "close": 7.850825,
        "volume": 318214,
        "typical_volume": 344553.4,
        "trend": 7.960217,
        "fair_value": 9.986904,
        "relative_strength": -22.289313,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.940285,
        "energy": 25.716638,
        "activity_lines": [
          7.669654,
          7.704478,
          7.917262,
          7.966952
        ]
      },
      {
        "date": "2025-12-05",
        "close": 7.919606,
        "volume": 331230,
        "typical_volume": 339259.25,
        "trend": 7.962877,
        "fair_value": 9.940941,
        "relative_strength": -21.477347,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -12.813671,
        "energy": 12.589818,
        "activity_lines": [
          7.765841,
          7.724658,
          7.906671,
          7.964332
        ]
      },
      {
        "date": "2025-12-12",
        "close": 8.243858,
        "volume": 567659,
        "typical_volume": 352497.3,
        "trend": 7.974456,
        "fair_value": 9.895955,
        "relative_strength": -15.873899,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.12593,
        "energy": 13.535659,
        "activity_lines": [
          7.951704,
          7.815049,
          7.928606,
          7.98246
        ]
      },
      {
        "date": "2025-12-19",
        "close": 8.26351,
        "volume": 419120,
        "typical_volume": 352879.35,
        "trend": 7.998339,
        "fair_value": 9.854295,
        "relative_strength": -15.330704,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.693687,
        "energy": 22.182163,
        "activity_lines": [
          8.092541,
          7.9086,
          7.951748,
          8.001109
        ]
      },
      {
        "date": "2025-12-26",
        "close": 8.125948,
        "volume": 262408,
        "typical_volume": 350595.15,
        "trend": 8.014174,
        "fair_value": 9.812016,
        "relative_strength": -17.008713,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.082325,
        "energy": 21.513124,
        "activity_lines": [
          8.140359,
          7.965866,
          7.958871,
          8.009342
        ]
      },
      {
        "date": "2026-01-02",
        "close": 7.841,
        "volume": 320418,
        "typical_volume": 350476.9,
        "trend": 8.024603,
        "fair_value": 9.766756,
        "relative_strength": -17.729717,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.508649,
        "energy": 13.948279,
        "activity_lines": [
          8.060443,
          7.962201,
          7.938529,
          7.998169
        ]
      },
      {
        "date": "2026-01-09",
        "close": 7.860651,
        "volume": 416929,
        "typical_volume": 356605.1,
        "trend": 8.044189,
        "fair_value": 9.72115,
        "relative_strength": -18.571421,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.122386,
        "energy": 11.93929,
        "activity_lines": [
          7.987732,
          7.963244,
          7.921088,
          7.987592
        ]
      },
      {
        "date": "2026-01-16",
        "close": 7.565877,
        "volume": 435725,
        "typical_volume": 364979.55,
        "trend": 8.04954,
        "fair_value": 9.676172,
        "relative_strength": -20.124316,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.352918,
        "energy": 27.963355,
        "activity_lines": [
          7.820693,
          7.906743,
          7.879858,
          7.956733
        ]
      },
      {
        "date": "2026-01-23",
        "close": 7.72309,
        "volume": 455158,
        "typical_volume": 377231.85,
        "trend": 8.041556,
        "fair_value": 9.6311,
        "relative_strength": -17.870359,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.107056,
        "energy": 32.015485,
        "activity_lines": [
          7.751257,
          7.877087,
          7.85837,
          7.935672
        ]
      },
      {
        "date": "2026-01-30",
        "close": 7.752567,
        "volume": 558252,
        "typical_volume": 393704.55,
        "trend": 8.009367,
        "fair_value": 9.585834,
        "relative_strength": -16.749664,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.336297,
        "energy": 39.819754,
        "activity_lines": [
          7.727675,
          7.849754,
          7.842978,
          7.917027
        ]
      },
      {
        "date": "2026-02-06",
        "close": 8.135774,
        "volume": 605493,
        "typical_volume": 404618.8,
        "trend": 8.0016,
        "fair_value": 9.545829,
        "relative_strength": -10.236216,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.535563,
        "energy": 15.680162,
        "activity_lines": [
          7.856721,
          7.88995,
          7.866726,
          7.925182
        ]
      },
      {
        "date": "2026-02-13",
        "close": 8.412698,
        "volume": 540833,
        "typical_volume": 415271.0,
        "trend": 8.006528,
        "fair_value": 9.506647,
        "relative_strength": -5.510901,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.992777,
        "energy": 17.899426,
        "activity_lines": [
          8.058423,
          7.975315,
          7.917849,
          7.951705
        ]
      },
      {
        "date": "2026-02-20",
        "close": 8.462302,
        "volume": 326868,
        "typical_volume": 415983.2,
        "trend": 8.018461,
        "fair_value": 9.468312,
        "relative_strength": -5.572106,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.520899,
        "energy": 38.988144,
        "activity_lines": [
          8.239857,
          8.060735,
          7.974297,
          7.98111
        ]
      },
      {
        "date": "2026-02-27",
        "close": 7.936508,
        "volume": 518842,
        "typical_volume": 427267.55,
        "trend": 8.027981,
        "fair_value": 9.429412,
        "relative_strength": -10.57638,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.669579,
        "energy": 26.609034,
        "activity_lines": [
          8.186264,
          8.046583,
          7.97952,
          7.975822
        ]
      },
      {
        "date": "2026-03-06",
        "close": 8.164683,
        "volume": 512380,
        "typical_volume": 434012.8,
        "trend": 8.031569,
        "fair_value": 9.402243,
        "relative_strength": -6.22094,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.056771,
        "energy": 36.053592,
        "activity_lines": [
          8.194502,
          8.079863,
          8.005079,
          7.984642
        ]
      },
      {
        "date": "2026-03-13",
        "close": 7.986111,
        "volume": 377302,
        "typical_volume": 435219.9,
        "trend": 8.029191,
        "fair_value": 9.380494,
        "relative_strength": -6.625116,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.395703,
        "energy": 14.39504,
        "activity_lines": [
          8.115741,
          8.079972,
          8.011058,
          7.981709
        ]
      },
      {
        "date": "2026-03-20",
        "close": 8.184524,
        "volume": 414670,
        "typical_volume": 432506.6,
        "trend": 8.010003,
        "fair_value": 9.362399,
        "relative_strength": -1.659531,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.956249,
        "energy": 6.451638,
        "activity_lines": [
          8.113095,
          8.113517,
          8.035539,
          7.99173
        ]
      },
      {
        "date": "2026-03-27",
        "close": 8.571429,
        "volume": 387636,
        "typical_volume": 431550.05,
        "trend": 8.01013,
        "fair_value": 9.347842,
        "relative_strength": 7.07178,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 64.182146,
        "energy": 33.748156,
        "activity_lines": [
          8.25463,
          8.211519,
          8.094292,
          8.027951
        ]
      },
      {
        "date": "2026-04-03",
        "close": 8.948413,
        "volume": 471431,
        "typical_volume": 434732.05,
        "trend": 8.027956,
        "fair_value": 9.341525,
        "relative_strength": 8.278264,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.904042,
        "energy": 61.831975,
        "activity_lines": [
          8.514551,
          8.359782,
          8.183704,
          8.088486
        ]
      },
      {
        "date": "2026-04-10",
        "close": 9.484127,
        "volume": 584729,
        "typical_volume": 441264.85,
        "trend": 8.06717,
        "fair_value": 9.343141,
        "relative_strength": 10.34151,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.181459,
        "energy": 81.684673,
        "activity_lines": [
          8.885582,
          8.583169,
          8.317507,
          8.182432
        ]
      },
      {
        "date": "2026-04-17",
        "close": 9.295635,
        "volume": 292258,
        "typical_volume": 439967.05,
        "trend": 8.098817,
        "fair_value": 9.344502,
        "relative_strength": 2.623091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.935997,
        "energy": 83.185851,
        "activity_lines": [
          9.10582,
          8.740801,
          8.424551,
          8.261688
        ]
      },
      {
        "date": "2026-04-24",
        "close": 9.920635,
        "volume": 746402,
        "typical_volume": 460725.65,
        "trend": 8.144879,
        "fair_value": 9.345634,
        "relative_strength": 7.413394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.733549,
        "energy": 90.950111,
        "activity_lines": [
          9.44709,
          8.990981,
          8.584238,
          8.379225
        ]
      },
      {
        "date": "2026-05-01",
        "close": 10.14881,
        "volume": 412334,
        "typical_volume": 452959.4,
        "trend": 8.209137,
        "fair_value": 9.352965,
        "relative_strength": 8.345129,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.439509,
        "energy": 93.499669,
        "activity_lines": [
          9.748677,
          9.255231,
          8.756128,
          8.508511
        ]
      },
      {
        "date": "2026-05-08",
        "close": 10.11,
        "volume": 443764,
        "typical_volume": 454191.6,
        "trend": 8.291354,
        "fair_value": 9.363595,
        "relative_strength": 2.575094,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.946643,
        "energy": 89.963157,
        "activity_lines": [
          9.932169,
          9.481761,
          8.91525,
          8.631147
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9.52,
        "volume": 391483,
        "typical_volume": 460645.35,
        "trend": 8.354546,
        "fair_value": 9.36781,
        "relative_strength": -2.859176,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.920562,
        "energy": 77.970655,
        "activity_lines": [
          9.841556,
          9.561499,
          9.009389,
          8.710415
        ]
      },
      {
        "date": "2026-05-22",
        "close": 9.91,
        "volume": 561802,
        "typical_volume": 472714.55,
        "trend": 8.421433,
        "fair_value": 9.372213,
        "relative_strength": 0.055028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.381603,
        "energy": 61.48617,
        "activity_lines": [
          9.87855,
          9.687505,
          9.134033,
          8.810766
        ]
      },
      {
        "date": "2026-05-29",
        "close": 10.44,
        "volume": 433732,
        "typical_volume": 473554.7,
        "trend": 8.51465,
        "fair_value": 9.376573,
        "relative_strength": 2.534058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.266061,
        "energy": 66.13638,
        "activity_lines": [
          10.051254,
          9.874895,
          9.299301,
          8.940997
        ]
      },
      {
        "date": "2026-06-05",
        "close": 11.24,
        "volume": 989431,
        "typical_volume": 501240.0,
        "trend": 8.64031,
        "fair_value": 9.385148,
        "relative_strength": 15.326318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.96639,
        "energy": 72.203342,
        "activity_lines": [
          10.456,
          10.16673,
          9.528476,
          9.116826
        ]
      },
      {
        "date": "2026-06-12",
        "close": 11.2,
        "volume": 819941,
        "typical_volume": 519479.15,
        "trend": 8.761775,
        "fair_value": 9.390242,
        "relative_strength": 12.06143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.58388,
        "energy": 84.470201,
        "activity_lines": [
          10.774667,
          10.402773,
          9.736346,
          9.281967
        ]
      },
      {
        "date": "2026-06-19",
        "close": 11.06,
        "volume": 451708,
        "typical_volume": 514151.95,
        "trend": 8.875953,
        "fair_value": 9.396804,
        "relative_strength": 7.656626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.855111,
        "energy": 84.171724,
        "activity_lines": [
          10.974,
          10.572424,
          9.914326,
          9.430239
        ]
      },
      {
        "date": "2026-06-26",
        "close": 10.47,
        "volume": 2223227,
        "typical_volume": 595038.65,
        "trend": 8.963259,
        "fair_value": 9.400819,
        "relative_strength": 6.67973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.272343,
        "energy": 62.115191,
        "activity_lines": [
          10.874,
          10.60615,
          10.020366,
          9.533081
        ]
      },
      {
        "date": "2026-07-03",
        "close": 10.28,
        "volume": 606659,
        "typical_volume": 598329.95,
        "trend": 9.041938,
        "fair_value": 9.403563,
        "relative_strength": 4.038193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.611029,
        "energy": 51.276806,
        "activity_lines": [
          10.673333,
          10.583978,
          10.097195,
          9.618032
        ]
      },
      {
        "date": "2026-07-10",
        "close": 10.35,
        "volume": 746962,
        "typical_volume": 619334.65,
        "trend": 9.112143,
        "fair_value": 9.406541,
        "relative_strength": 3.009938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.411619,
        "energy": 35.809285,
        "activity_lines": [
          10.506667,
          10.568,
          10.171799,
          9.702423
        ]
      },
      {
        "date": "2026-07-17",
        "close": 10.29,
        "volume": 735805,
        "typical_volume": 630182.8,
        "trend": 9.179693,
        "fair_value": 9.406769,
        "relative_strength": 6.855084,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.735691,
        "energy": 24.334268,
        "activity_lines": [
          10.379333,
          10.537455,
          10.231699,
          9.778414
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.14,
        "volume": 598408,
        "typical_volume": 634484.2,
        "trend": 9.246828,
        "fair_value": 9.402649,
        "relative_strength": 6.937673,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.242528,
        "energy": 23.483522,
        "activity_lines": [
          10.262667,
          10.476364,
          10.266107,
          9.840369
        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.99,
        "volume": 864313,
        "typical_volume": 658834.75,
        "trend": 9.318461,
        "fair_value": 9.399139,
        "relative_strength": 4.684616,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.299881,
        "energy": 20.082855,
        "activity_lines": [
          10.157333,
          10.376727,
          10.276823,
          9.888316
        ]
      },
      {
        "date": "2026-08-07",
        "close": 8.91,
        "volume": 1468147,
        "typical_volume": 711508.6,
        "trend": 9.353439,
        "fair_value": 9.389523,
        "relative_strength": -10.941174,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -12.876916,
        "energy": 20.723386,
        "activity_lines": [
          9.724,
          10.079273,
          10.175139,
          9.861964
        ]
      }
    ],
    "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."
    }
  }
}