{
  "ticker": {
    "uuid": "f585907f-e583-4c83-8f6c-f4508f6a9526",
    "symbol": "GLSI",
    "name": "Greenwich Lifesciences\u00a0Inc",
    "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": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -66.183,
    "architecture_energy": 77.981,
    "architecture_maturity": 26.0,
    "architecture_confidence": 85.289,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 12.02,
        "rotation_up": 8.97,
        "upward_expansion": 18.23,
        "deceleration": 37.1,
        "rotation_down": 77.21,
        "downward_expansion": 93.89
      },
      "activity_lines": [
        14.478667,
        16.939818,
        20.114333,
        21.579183
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 14.36,
    "trend_reference": 23.3635,
    "distance_from_trend": -0.385366,
    "trend_direction": "Improving",
    "fair_value": 14.284791,
    "distance_from_fair_value": 0.005265,
    "fair_value_direction": "Weakening",
    "relative_strength": -31.682596,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.504828,
    "excess_performance": -0.692281,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.385366,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.087636,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.005265,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.70052,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.316826,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.528112,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.504828,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.548364,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 531937,
      "relative_activity": 0.747816,
      "balance": 0.548364,
      "dry_up": 1.189125,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.316818,
      "annualized_volatility": 0.828849,
      "from_high_reference": -0.578886,
      "from_low_reference": 0.845758
    },
    "levels": {
      "trend_reference": 23.3635,
      "fair_value_reference": 14.284791,
      "structural_low": 12.51,
      "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": 24,
        "median_return": 0.001182,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.002918,
        "regime_survival": 0.833333,
        "best_return": 1.369416,
        "worst_return": -0.390746,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.010789,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.067327,
        "regime_survival": 0.5,
        "best_return": 2.175258,
        "worst_return": -0.539332,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.078078,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.262635,
        "regime_survival": 0.2,
        "best_return": 1.998282,
        "worst_return": -0.532134,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.291003,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.184704,
        "regime_survival": 0.0,
        "best_return": 0.237304,
        "worst_return": -0.314732,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-06-28",
        "tenure": "Developing",
        "return": 0.199444,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-05",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": -0.140634,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.001479,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-01",
        "end": "2025-05-23",
        "tenure": "Extended",
        "return": -0.270089,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-30",
        "end": "2025-06-06",
        "tenure": "New",
        "return": -0.019289,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-13",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.257609,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": 0.012624,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-19",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": -0.128272,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-31",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.115092,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.490263,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-26",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": 0.116268,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": -0.021129,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-05",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": -0.266517,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.106317,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 9.56,
        "volume": 62579,
        "typical_volume": 150033.4,
        "trend": 12.2565,
        "fair_value": 21.182833,
        "relative_strength": -32.289667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.869159,
        "energy": 31.342128,
        "activity_lines": [
          9.901333,
          9.702273,
          10.083262,
          10.790161
        ]
      },
      {
        "date": "2023-08-25",
        "close": 9.29,
        "volume": 59960,
        "typical_volume": 146017.6,
        "trend": 11.9215,
        "fair_value": 21.105102,
        "relative_strength": -35.130874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.392107,
        "energy": 29.137062,
        "activity_lines": [
          9.756,
          9.624182,
          9.963571,
          10.598774
        ]
      },
      {
        "date": "2023-09-01",
        "close": 9.23,
        "volume": 42805,
        "typical_volume": 113608.3,
        "trend": 11.548167,
        "fair_value": 21.027991,
        "relative_strength": -37.713785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.595702,
        "energy": 36.267681,
        "activity_lines": [
          9.578,
          9.564455,
          9.856452,
          10.425129
        ]
      },
      {
        "date": "2023-09-08",
        "close": 8.95,
        "volume": 55000,
        "typical_volume": 97468.5,
        "trend": 11.2185,
        "fair_value": 20.950068,
        "relative_strength": -38.563519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.49725,
        "energy": 48.697404,
        "activity_lines": [
          9.281333,
          9.461455,
          9.734952,
          10.257505
        ]
      },
      {
        "date": "2023-09-15",
        "close": 9.04,
        "volume": 65377,
        "typical_volume": 89675.95,
        "trend": 10.968167,
        "fair_value": 20.873722,
        "relative_strength": -37.286952,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.219515,
        "energy": 47.012052,
        "activity_lines": [
          9.122,
          9.387455,
          9.634119,
          10.116957
        ]
      },
      {
        "date": "2023-09-22",
        "close": 8.81,
        "volume": 72904,
        "typical_volume": 85712.7,
        "trend": 10.769167,
        "fair_value": 20.898145,
        "relative_strength": -36.530528,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.99449,
        "energy": 53.448619,
        "activity_lines": [
          8.987333,
          9.271455,
          9.519333,
          9.97772
        ]
      },
      {
        "date": "2023-09-29",
        "close": 8.84,
        "volume": 66075,
        "typical_volume": 84144.35,
        "trend": 10.572833,
        "fair_value": 20.927312,
        "relative_strength": -36.07386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.465819,
        "energy": 53.411199,
        "activity_lines": [
          8.912667,
          9.170545,
          9.419119,
          9.853258
        ]
      },
      {
        "date": "2023-10-06",
        "close": 8.84,
        "volume": 54832,
        "typical_volume": 83243.3,
        "trend": 10.4635,
        "fair_value": 20.951927,
        "relative_strength": -36.83576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.76953,
        "energy": 43.460343,
        "activity_lines": [
          8.868,
          9.074364,
          9.330524,
          9.741462
        ]
      },
      {
        "date": "2023-10-13",
        "close": 8.64,
        "volume": 38869,
        "typical_volume": 80427.25,
        "trend": 10.319167,
        "fair_value": 20.976638,
        "relative_strength": -37.914183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.589963,
        "energy": 43.557413,
        "activity_lines": [
          8.782667,
          8.942,
          9.234833,
          9.623817
        ]
      },
      {
        "date": "2023-10-20",
        "close": 8.28,
        "volume": 75751,
        "typical_volume": 79127.7,
        "trend": 10.154833,
        "fair_value": 21.002824,
        "relative_strength": -38.310387,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.210225,
        "energy": 45.530188,
        "activity_lines": [
          8.598,
          8.779091,
          9.115286,
          9.492258
        ]
      },
      {
        "date": "2023-10-27",
        "close": 8.52,
        "volume": 59344,
        "typical_volume": 77628.45,
        "trend": 9.979167,
        "fair_value": 21.03494,
        "relative_strength": -34.525318,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.675815,
        "energy": 40.825154,
        "activity_lines": [
          8.544,
          8.701273,
          9.031405,
          9.386785
        ]
      },
      {
        "date": "2023-11-03",
        "close": 9.05,
        "volume": 62768,
        "typical_volume": 74579.35,
        "trend": 9.843167,
        "fair_value": 21.068049,
        "relative_strength": -34.355188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.368205,
        "energy": 35.433516,
        "activity_lines": [
          8.686,
          8.738727,
          9.009333,
          9.326839
        ]
      },
      {
        "date": "2023-11-10",
        "close": 10.17,
        "volume": 123381,
        "typical_volume": 71908.8,
        "trend": 9.7885,
        "fair_value": 21.110965,
        "relative_strength": -28.025084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.639372,
        "energy": 9.066487,
        "activity_lines": [
          9.187333,
          8.984182,
          9.102738,
          9.347925
        ]
      },
      {
        "date": "2023-11-17",
        "close": 10.71,
        "volume": 68451,
        "typical_volume": 69977.5,
        "trend": 9.7625,
        "fair_value": 21.145517,
        "relative_strength": -25.309538,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.312486,
        "energy": 26.362869,
        "activity_lines": [
          9.78,
          9.310727,
          9.245095,
          9.407376
        ]
      },
      {
        "date": "2023-11-24",
        "close": 11.97,
        "volume": 75340,
        "typical_volume": 69888.45,
        "trend": 9.8045,
        "fair_value": 21.187949,
        "relative_strength": -16.393878,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 44.033552,
        "energy": 54.324217,
        "activity_lines": [
          10.654667,
          9.834364,
          9.502381,
          9.549796
        ]
      },
      {
        "date": "2023-12-01",
        "close": 11.69,
        "volume": 70333,
        "typical_volume": 69476.55,
        "trend": 9.8185,
        "fair_value": 21.226859,
        "relative_strength": -17.692831,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.675493,
        "energy": 69.914815,
        "activity_lines": [
          11.19,
          10.253818,
          9.719,
          9.671441
        ]
      },
      {
        "date": "2023-12-08",
        "close": 11.78,
        "volume": 70628,
        "typical_volume": 69803.5,
        "trend": 9.835167,
        "fair_value": 20.943397,
        "relative_strength": -16.814994,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 44.228351,
        "energy": 71.931214,
        "activity_lines": [
          11.544,
          10.637273,
          9.933,
          9.797989
        ]
      },
      {
        "date": "2023-12-15",
        "close": 10.76,
        "volume": 87370,
        "typical_volume": 69900.65,
        "trend": 9.8155,
        "fair_value": 20.767372,
        "relative_strength": -25.69049,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 64.787696,
        "energy": 74.567444,
        "activity_lines": [
          11.376,
          10.781818,
          10.037095,
          9.857656
        ]
      },
      {
        "date": "2023-12-22",
        "close": 10.71,
        "volume": 85358,
        "typical_volume": 68429.3,
        "trend": 9.8115,
        "fair_value": 20.584231,
        "relative_strength": -25.587767,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.706836,
        "energy": 45.094118,
        "activity_lines": [
          11.152,
          10.882364,
          10.127333,
          9.915366
        ]
      },
      {
        "date": "2023-12-29",
        "close": 10.52,
        "volume": 67424,
        "typical_volume": 68227.45,
        "trend": 9.7965,
        "fair_value": 20.417885,
        "relative_strength": -25.864331,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.369117,
        "energy": 29.71382,
        "activity_lines": [
          10.864667,
          10.910727,
          10.198762,
          9.961075
        ]
      },
      {
        "date": "2024-01-05",
        "close": 9.7,
        "volume": 111768,
        "typical_volume": 70686.9,
        "trend": 9.7565,
        "fair_value": 20.242885,
        "relative_strength": -28.211045,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.266066,
        "energy": 19.784689,
        "activity_lines": [
          10.400667,
          10.749273,
          10.192286,
          9.954849
        ]
      },
      {
        "date": "2024-01-12",
        "close": 9.26,
        "volume": 105179,
        "typical_volume": 72947.85,
        "trend": 9.701833,
        "fair_value": 20.062179,
        "relative_strength": -32.246648,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 11.413124,
        "energy": 17.303586,
        "activity_lines": [
          9.922667,
          10.486364,
          10.143238,
          9.922817
        ]
      },
      {
        "date": "2024-01-19",
        "close": 9.1274,
        "volume": 75504,
        "typical_volume": 74582.8,
        "trend": 9.684413,
        "fair_value": 19.886714,
        "relative_strength": -33.506623,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.941369,
        "energy": 21.081421,
        "activity_lines": [
          9.568467,
          10.195527,
          10.081705,
          9.885757
        ]
      },
      {
        "date": "2024-01-26",
        "close": 8.72,
        "volume": 91779,
        "typical_volume": 76421.75,
        "trend": 9.65358,
        "fair_value": 19.702227,
        "relative_strength": -35.140613,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.850877,
        "energy": 30.705111,
        "activity_lines": [
          9.187307,
          9.849575,
          9.98186,
          9.823537
        ]
      },
      {
        "date": "2024-02-02",
        "close": 8.74,
        "volume": 118304,
        "typical_volume": 79068.1,
        "trend": 9.643913,
        "fair_value": 19.514727,
        "relative_strength": -33.904091,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.18746,
        "energy": 36.119232,
        "activity_lines": [
          8.94548,
          9.54344,
          9.885015,
          9.764596
        ]
      },
      {
        "date": "2024-02-09",
        "close": 8.45,
        "volume": 119343,
        "typical_volume": 81390.05,
        "trend": 9.614247,
        "fair_value": 19.318637,
        "relative_strength": -35.503702,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.741908,
        "energy": 49.024826,
        "activity_lines": [
          8.725653,
          9.243305,
          9.76198,
          9.687569
        ]
      },
      {
        "date": "2024-02-16",
        "close": 11.24,
        "volume": 534345,
        "typical_volume": 104803.55,
        "trend": 9.68558,
        "fair_value": 19.159919,
        "relative_strength": -11.253291,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 15.827368,
        "energy": 12.894606,
        "activity_lines": [
          9.51916,
          9.509353,
          9.906373,
          9.792457
        ]
      },
      {
        "date": "2024-02-23",
        "close": 12.93,
        "volume": 333694,
        "typical_volume": 118746.65,
        "trend": 9.82158,
        "fair_value": 19.041971,
        "relative_strength": 2.066043,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.632507,
        "energy": 32.754863,
        "activity_lines": [
          10.744,
          10.092491,
          10.20029,
          10.001774
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.0,
        "volume": 270760,
        "typical_volume": 130341.2,
        "trend": 9.902913,
        "fair_value": 18.977868,
        "relative_strength": 1.958725,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 67.878689,
        "energy": 53.483128,
        "activity_lines": [
          11.738667,
          10.648902,
          10.481398,
          10.206834
        ]
      },
      {
        "date": "2024-03-08",
        "close": 15.35,
        "volume": 324920,
        "typical_volume": 142799.65,
        "trend": 10.06258,
        "fair_value": 18.889599,
        "relative_strength": 22.80173,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.013851,
        "energy": 74.877363,
        "activity_lines": [
          13.231333,
          11.590949,
          10.965553,
          10.558258
        ]
      },
      {
        "date": "2024-03-15",
        "close": 17.5,
        "volume": 521049,
        "typical_volume": 165884.9,
        "trend": 10.327247,
        "fair_value": 18.809471,
        "relative_strength": 41.881043,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.172185,
        "energy": 86.854256,
        "activity_lines": [
          15.0,
          12.836087,
          11.620804,
          11.038092
        ]
      },
      {
        "date": "2024-03-22",
        "close": 19.62,
        "volume": 186489,
        "typical_volume": 172070.95,
        "trend": 10.67158,
        "fair_value": 18.737163,
        "relative_strength": 54.303371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.005392,
        "energy": 91.898024,
        "activity_lines": [
          16.872,
          14.324862,
          12.435197,
          11.637625
        ]
      },
      {
        "date": "2024-03-29",
        "close": 19.94,
        "volume": 132633,
        "typical_volume": 172533.55,
        "trend": 11.02858,
        "fair_value": 18.642419,
        "relative_strength": 57.481292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.552803,
        "energy": 92.176921,
        "activity_lines": [
          18.292,
          15.683455,
          13.229733,
          12.235587
        ]
      },
      {
        "date": "2024-04-05",
        "close": 17.38,
        "volume": 184688,
        "typical_volume": 178345.4,
        "trend": 11.30958,
        "fair_value": 18.41024,
        "relative_strength": 38.562436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.028951,
        "energy": 82.2762,
        "activity_lines": [
          18.391333,
          16.38,
          13.733936,
          12.645356
        ]
      },
      {
        "date": "2024-04-12",
        "close": 15.65,
        "volume": 176752,
        "typical_volume": 183416.0,
        "trend": 11.529913,
        "fair_value": 18.294919,
        "relative_strength": 25.532808,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.822038,
        "energy": 56.38516,
        "activity_lines": [
          17.622,
          16.604545,
          14.041615,
          12.925383
        ]
      },
      {
        "date": "2024-04-19",
        "close": 12.07,
        "volume": 188140,
        "typical_volume": 189306.35,
        "trend": 11.63858,
        "fair_value": 18.138765,
        "relative_strength": 2.847889,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.211567,
        "energy": 29.607424,
        "activity_lines": [
          15.639333,
          16.052545,
          13.990818,
          12.960228
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.12,
        "volume": 197039,
        "typical_volume": 195626.9,
        "trend": 11.781247,
        "fair_value": 17.981842,
        "relative_strength": 7.772427,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.087251,
        "energy": 24.162608,
        "activity_lines": [
          14.368667,
          15.625636,
          14.038211,
          13.055803
        ]
      },
      {
        "date": "2024-05-03",
        "close": 14.39,
        "volume": 163060,
        "typical_volume": 199411.4,
        "trend": 11.966247,
        "fair_value": 17.857483,
        "relative_strength": 17.155517,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.462619,
        "energy": 24.841792,
        "activity_lines": [
          13.954667,
          15.395455,
          14.200176,
          13.22411
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.75,
        "volume": 157075,
        "typical_volume": 202997.25,
        "trend": 12.13658,
        "fair_value": 17.734406,
        "relative_strength": 10.567541,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.632475,
        "energy": 23.031903,
        "activity_lines": [
          13.697333,
          15.022364,
          14.283903,
          13.339191
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.98,
        "volume": 99424,
        "typical_volume": 204597.25,
        "trend": 12.32658,
        "fair_value": 17.610881,
        "relative_strength": 10.229906,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.670013,
        "energy": 17.922799,
        "activity_lines": [
          13.758667,
          14.677455,
          14.375058,
          13.458121
        ]
      },
      {
        "date": "2024-05-24",
        "close": 13.4,
        "volume": 131453,
        "typical_volume": 205581.5,
        "trend": 12.489247,
        "fair_value": 17.459086,
        "relative_strength": 4.373802,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.983354,
        "energy": 10.312836,
        "activity_lines": [
          13.738,
          14.252,
          14.394499,
          13.527374
        ]
      },
      {
        "date": "2024-05-31",
        "close": 14.83,
        "volume": 89233,
        "typical_volume": 204784.2,
        "trend": 12.681913,
        "fair_value": 17.303765,
        "relative_strength": 17.225762,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.27451,
        "energy": 10.45709,
        "activity_lines": [
          14.105333,
          14.161091,
          14.532511,
          13.67839
        ]
      },
      {
        "date": "2024-06-07",
        "close": 14.38,
        "volume": 147435,
        "typical_volume": 208380.75,
        "trend": 12.822247,
        "fair_value": 17.146201,
        "relative_strength": 10.652755,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.090996,
        "energy": 12.985175,
        "activity_lines": [
          14.208667,
          14.075455,
          14.601143,
          13.787944
        ]
      },
      {
        "date": "2024-06-14",
        "close": 14.76,
        "volume": 100137,
        "typical_volume": 208798.65,
        "trend": 12.957247,
        "fair_value": 17.005112,
        "relative_strength": 9.656442,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.47983,
        "energy": 16.221675,
        "activity_lines": [
          14.439333,
          14.16,
          14.680952,
          13.91296
        ]
      },
      {
        "date": "2024-06-21",
        "close": 16.27,
        "volume": 303774,
        "typical_volume": 218072.15,
        "trend": 13.10058,
        "fair_value": 16.828637,
        "relative_strength": 20.039947,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 46.999517,
        "energy": 32.225301,
        "activity_lines": [
          15.106,
          14.566727,
          14.87581,
          14.126686
        ]
      },
      {
        "date": "2024-06-28",
        "close": 17.26,
        "volume": 936755,
        "typical_volume": 258942.75,
        "trend": 13.286247,
        "fair_value": 16.662996,
        "relative_strength": 26.585474,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.006307,
        "energy": 51.410906,
        "activity_lines": [
          15.95,
          15.142182,
          15.129095,
          14.395036
        ]
      },
      {
        "date": "2024-07-05",
        "close": 16.71,
        "volume": 182351,
        "typical_volume": 241343.05,
        "trend": 13.45058,
        "fair_value": 16.485753,
        "relative_strength": 17.636696,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.90497,
        "energy": 56.174393,
        "activity_lines": [
          16.353333,
          15.523273,
          15.288048,
          14.615923
        ]
      },
      {
        "date": "2024-07-12",
        "close": 15.63,
        "volume": 131511,
        "typical_volume": 231233.9,
        "trend": 13.612913,
        "fair_value": 16.322547,
        "relative_strength": 9.831534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.472815,
        "energy": 50.849513,
        "activity_lines": [
          16.271333,
          15.642727,
          15.318095,
          14.756531
        ]
      },
      {
        "date": "2024-07-19",
        "close": 14.83,
        "volume": 210035,
        "typical_volume": 228197.65,
        "trend": 13.750247,
        "fair_value": 16.150047,
        "relative_strength": 8.011431,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.512461,
        "energy": 32.603583,
        "activity_lines": [
          15.839333,
          15.594182,
          15.259095,
          14.835053
        ]
      },
      {
        "date": "2024-07-26",
        "close": 16.17,
        "volume": 168771,
        "typical_volume": 220390.2,
        "trend": 13.93858,
        "fair_value": 16.000688,
        "relative_strength": 19.958941,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.528239,
        "energy": 25.39062,
        "activity_lines": [
          15.849333,
          15.769636,
          15.319,
          14.991166
        ]
      },
      {
        "date": "2024-08-02",
        "close": 14.36,
        "volume": 139295,
        "typical_volume": 201302.5,
        "trend": 14.093913,
        "fair_value": 15.837355,
        "relative_strength": 9.659302,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 22.655504,
        "energy": 12.544363,
        "activity_lines": [
          15.262667,
          15.576182,
          15.202619,
          15.018354
        ]
      },
      {
        "date": "2024-08-09",
        "close": 13.52,
        "volume": 191883,
        "typical_volume": 201572.2,
        "trend": 14.235913,
        "fair_value": 15.664406,
        "relative_strength": 2.797478,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.61382,
        "energy": 13.193575,
        "activity_lines": [
          14.589333,
          15.212545,
          15.02119,
          14.981328
        ]
      },
      {
        "date": "2024-08-16",
        "close": 13.91,
        "volume": 124275,
        "typical_volume": 201154.3,
        "trend": 14.395333,
        "fair_value": 15.504727,
        "relative_strength": 0.122768,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.100526,
        "energy": 15.559598,
        "activity_lines": [
          14.258667,
          14.943636,
          14.905952,
          14.960301
        ]
      },
      {
        "date": "2024-08-23",
        "close": 14.88,
        "volume": 137849,
        "typical_volume": 198812.35,
        "trend": 14.600667,
        "fair_value": 15.343829,
        "relative_strength": 5.627409,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.871283,
        "energy": 18.178159,
        "activity_lines": [
          14.366,
          14.859636,
          14.91181,
          14.99157
        ]
      },
      {
        "date": "2024-08-30",
        "close": 14.02,
        "volume": 85129,
        "typical_volume": 194231.2,
        "trend": 14.776667,
        "fair_value": 15.151971,
        "relative_strength": -0.014017,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.590291,
        "energy": 23.128184,
        "activity_lines": [
          14.183333,
          14.617091,
          14.847667,
          14.954108
        ]
      },
      {
        "date": "2024-09-06",
        "close": 14.5,
        "volume": 196352,
        "typical_volume": 194641.8,
        "trend": 14.978333,
        "fair_value": 14.949342,
        "relative_strength": 9.185776,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.574974,
        "energy": 25.186222,
        "activity_lines": [
          14.304,
          14.502727,
          14.837,
          14.936258
        ]
      },
      {
        "date": "2024-09-13",
        "close": 14.93,
        "volume": 280395,
        "typical_volume": 198809.6,
        "trend": 15.101333,
        "fair_value": 14.77524,
        "relative_strength": 5.649619,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.236413,
        "energy": 14.359178,
        "activity_lines": [
          14.558667,
          14.516727,
          14.855714,
          14.93314
        ]
      },
      {
        "date": "2024-09-20",
        "close": 14.88,
        "volume": 176012,
        "typical_volume": 199457.2,
        "trend": 15.166333,
        "fair_value": 14.60524,
        "relative_strength": 3.338807,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.203875,
        "energy": 13.248462,
        "activity_lines": [
          14.702667,
          14.554,
          14.861048,
          14.91886
        ]
      },
      {
        "date": "2024-09-27",
        "close": 14.15,
        "volume": 155107,
        "typical_volume": 199358.8,
        "trend": 15.204667,
        "fair_value": 14.448509,
        "relative_strength": -3.001162,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -36.597756,
        "energy": 14.79276,
        "activity_lines": [
          14.538667,
          14.472182,
          14.794524,
          14.85329
        ]
      },
      {
        "date": "2024-10-04",
        "close": 13.74,
        "volume": 171880,
        "typical_volume": 202981.6,
        "trend": 15.151,
        "fair_value": 14.297547,
        "relative_strength": -6.150132,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.044984,
        "energy": 22.602578,
        "activity_lines": [
          14.286667,
          14.328182,
          14.687048,
          14.758796
        ]
      },
      {
        "date": "2024-10-11",
        "close": 13.73,
        "volume": 111818,
        "typical_volume": 201999.85,
        "trend": 15.025333,
        "fair_value": 14.142227,
        "relative_strength": -7.604001,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.449603,
        "energy": 32.591314,
        "activity_lines": [
          14.05,
          14.226545,
          14.579762,
          14.667118
        ]
      },
      {
        "date": "2024-10-18",
        "close": 13.53,
        "volume": 99246,
        "typical_volume": 202500.5,
        "trend": 14.822333,
        "fair_value": 14.001714,
        "relative_strength": -9.377199,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -54.683196,
        "energy": 41.761163,
        "activity_lines": [
          13.798,
          14.1,
          14.451857,
          14.570645
        ]
      },
      {
        "date": "2024-10-25",
        "close": 13.5,
        "volume": 63745,
        "typical_volume": 198316.0,
        "trend": 14.607667,
        "fair_value": 13.861586,
        "relative_strength": -9.871802,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.609993,
        "energy": 46.102334,
        "activity_lines": [
          13.629333,
          13.967818,
          14.327286,
          14.485333
        ]
      },
      {
        "date": "2024-11-01",
        "close": 13.44,
        "volume": 104336,
        "typical_volume": 198525.95,
        "trend": 14.476333,
        "fair_value": 13.707483,
        "relative_strength": -8.981613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.675295,
        "energy": 45.902933,
        "activity_lines": [
          13.532667,
          13.832182,
          14.20119,
          14.41
        ]
      },
      {
        "date": "2024-11-08",
        "close": 14.39,
        "volume": 205485,
        "typical_volume": 193611.5,
        "trend": 14.434333,
        "fair_value": 13.571586,
        "relative_strength": -7.665093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.141122,
        "energy": 28.088422,
        "activity_lines": [
          13.8,
          13.895455,
          14.171857,
          14.40443
        ]
      },
      {
        "date": "2024-11-15",
        "close": 12.56,
        "volume": 138516,
        "typical_volume": 153699.55,
        "trend": 14.450667,
        "fair_value": 13.428765,
        "relative_strength": -16.415915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.306496,
        "energy": 38.196838,
        "activity_lines": [
          13.414,
          13.619273,
          13.97719,
          14.283505
        ]
      },
      {
        "date": "2024-11-22",
        "close": 13.55,
        "volume": 152918,
        "typical_volume": 152227.9,
        "trend": 14.465,
        "fair_value": 13.303445,
        "relative_strength": -11.23724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.947072,
        "energy": 27.513737,
        "activity_lines": [
          13.436,
          13.558364,
          13.89919,
          14.225398
        ]
      },
      {
        "date": "2024-11-29",
        "close": 14.25,
        "volume": 92392,
        "typical_volume": 150271.95,
        "trend": 14.460333,
        "fair_value": 13.17774,
        "relative_strength": -7.243344,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.45312,
        "energy": 17.547299,
        "activity_lines": [
          13.69,
          13.649818,
          13.902905,
          14.211527
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.66,
        "volume": 209847,
        "typical_volume": 150262.55,
        "trend": 14.457333,
        "fair_value": 13.069022,
        "relative_strength": -13.674249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.834878,
        "energy": 18.608636,
        "activity_lines": [
          13.697333,
          13.645455,
          13.857,
          14.159892
        ]
      },
      {
        "date": "2024-12-13",
        "close": 13.51,
        "volume": 119210,
        "typical_volume": 147784.5,
        "trend": 14.441667,
        "fair_value": 12.960176,
        "relative_strength": -15.205469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.207927,
        "energy": 15.416417,
        "activity_lines": [
          13.64,
          13.622727,
          13.802381,
          14.098774
        ]
      },
      {
        "date": "2024-12-20",
        "close": 12.39,
        "volume": 196214,
        "typical_volume": 150630.45,
        "trend": 14.408,
        "fair_value": 12.867291,
        "relative_strength": -20.329624,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.914736,
        "energy": 28.698313,
        "activity_lines": [
          13.268,
          13.400545,
          13.653762,
          13.966409
        ]
      },
      {
        "date": "2024-12-27",
        "close": 11.5,
        "volume": 118217,
        "typical_volume": 146947.15,
        "trend": 14.297,
        "fair_value": 12.785047,
        "relative_strength": -26.54104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.205763,
        "energy": 56.681636,
        "activity_lines": [
          12.610667,
          13.040909,
          13.429762,
          13.778796
        ]
      },
      {
        "date": "2025-01-03",
        "close": 12.88,
        "volume": 170612,
        "typical_volume": 149264.0,
        "trend": 14.247,
        "fair_value": 12.729086,
        "relative_strength": -17.107483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.770132,
        "energy": 49.498186,
        "activity_lines": [
          12.55,
          12.969091,
          13.34681,
          13.687376
        ]
      },
      {
        "date": "2025-01-10",
        "close": 12.38,
        "volume": 220210,
        "typical_volume": 153382.05,
        "trend": 14.167667,
        "fair_value": 12.678701,
        "relative_strength": -18.623081,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.387498,
        "energy": 51.216194,
        "activity_lines": [
          12.414,
          12.817636,
          13.221143,
          13.566925
        ]
      },
      {
        "date": "2025-01-17",
        "close": 12.87,
        "volume": 205521,
        "typical_volume": 159401.65,
        "trend": 14.054333,
        "fair_value": 12.656714,
        "relative_strength": -17.912341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.58999,
        "energy": 37.610491,
        "activity_lines": [
          12.526667,
          12.774545,
          13.154048,
          13.483204
        ]
      },
      {
        "date": "2025-01-24",
        "close": 13.09,
        "volume": 168840,
        "typical_volume": 158026.05,
        "trend": 13.915333,
        "fair_value": 12.627547,
        "relative_strength": -17.963863,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.395539,
        "energy": 22.85012,
        "activity_lines": [
          12.755333,
          12.799091,
          13.113381,
          13.420989
        ]
      },
      {
        "date": "2025-01-31",
        "close": 12.94,
        "volume": 169746,
        "typical_volume": 152493.6,
        "trend": 13.789667,
        "fair_value": 12.584086,
        "relative_strength": -17.988415,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.298281,
        "energy": 16.753917,
        "activity_lines": [
          12.887333,
          12.786727,
          13.065143,
          13.358065
        ]
      },
      {
        "date": "2025-02-07",
        "close": 12.4,
        "volume": 99212,
        "typical_volume": 148653.6,
        "trend": 13.682,
        "fair_value": 12.536201,
        "relative_strength": -21.718023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.902897,
        "energy": 18.28982,
        "activity_lines": [
          12.743333,
          12.687273,
          12.974952,
          13.268409
        ]
      },
      {
        "date": "2025-02-14",
        "close": 12.38,
        "volume": 116324,
        "typical_volume": 146714.45,
        "trend": 13.600333,
        "fair_value": 12.495688,
        "relative_strength": -23.898887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.517154,
        "energy": 20.194392,
        "activity_lines": [
          12.624667,
          12.617818,
          12.894667,
          13.184409
        ]
      },
      {
        "date": "2025-02-21",
        "close": 11.95,
        "volume": 87930,
        "typical_volume": 142516.95,
        "trend": 13.459667,
        "fair_value": 12.449791,
        "relative_strength": -24.517601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.017046,
        "energy": 33.42911,
        "activity_lines": [
          12.362667,
          12.493455,
          12.781857,
          13.077935
        ]
      },
      {
        "date": "2025-02-28",
        "close": 12.22,
        "volume": 80693,
        "typical_volume": 140960.7,
        "trend": 13.388333,
        "fair_value": 12.407355,
        "relative_strength": -19.820195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.426002,
        "energy": 37.649404,
        "activity_lines": [
          12.252,
          12.446545,
          12.703286,
          12.997957
        ]
      },
      {
        "date": "2025-03-07",
        "close": 12.1,
        "volume": 115192,
        "typical_volume": 141758.0,
        "trend": 13.341,
        "fair_value": 12.352996,
        "relative_strength": -17.40357,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.614497,
        "energy": 39.267657,
        "activity_lines": [
          12.159333,
          12.380909,
          12.620476,
          12.914839
        ]
      },
      {
        "date": "2025-03-14",
        "close": 12.0,
        "volume": 75612,
        "typical_volume": 142351.35,
        "trend": 13.277333,
        "fair_value": 12.281394,
        "relative_strength": -15.162948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.420391,
        "energy": 39.304119,
        "activity_lines": [
          12.089333,
          12.286182,
          12.534952,
          12.828323
        ]
      },
      {
        "date": "2025-03-21",
        "close": 11.11,
        "volume": 214919,
        "typical_volume": 147880.5,
        "trend": 13.151667,
        "fair_value": 12.221778,
        "relative_strength": -20.557198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.595357,
        "energy": 45.063284,
        "activity_lines": [
          11.749333,
          12.045636,
          12.37181,
          12.688495
        ]
      },
      {
        "date": "2025-03-28",
        "close": 10.22,
        "volume": 279076,
        "typical_volume": 151560.05,
        "trend": 13.025,
        "fair_value": 12.162612,
        "relative_strength": -24.002333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.88199,
        "energy": 62.163826,
        "activity_lines": [
          11.197333,
          11.666364,
          12.135,
          12.499355
        ]
      },
      {
        "date": "2025-04-04",
        "close": 8.83,
        "volume": 1075970,
        "typical_volume": 198432.75,
        "trend": 12.836,
        "fair_value": 12.09306,
        "relative_strength": -26.220118,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.412579,
        "energy": 79.945031,
        "activity_lines": [
          10.297333,
          11.082545,
          11.785667,
          12.22871
        ]
      },
      {
        "date": "2025-04-11",
        "close": 9.86,
        "volume": 1124488,
        "typical_volume": 247011.25,
        "trend": 12.667,
        "fair_value": 12.046265,
        "relative_strength": -22.619074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.932609,
        "energy": 76.916905,
        "activity_lines": [
          9.966667,
          10.763455,
          11.55219,
          12.03671
        ]
      },
      {
        "date": "2025-04-18",
        "close": 8.95,
        "volume": 435790,
        "typical_volume": 264181.15,
        "trend": 12.469333,
        "fair_value": 12.00165,
        "relative_strength": -27.678708,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.004578,
        "energy": 82.349855,
        "activity_lines": [
          9.482,
          10.334909,
          11.249619,
          11.796903
        ]
      },
      {
        "date": "2025-04-25",
        "close": 9.98,
        "volume": 577416,
        "typical_volume": 282559.6,
        "trend": 12.330333,
        "fair_value": 11.989663,
        "relative_strength": -23.712006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.292909,
        "energy": 71.157558,
        "activity_lines": [
          9.544,
          10.156364,
          11.070381,
          11.636301
        ]
      },
      {
        "date": "2025-05-02",
        "close": 9.99,
        "volume": 182004,
        "typical_volume": 285699.3,
        "trend": 12.205333,
        "fair_value": 11.982547,
        "relative_strength": -25.514509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.59563,
        "energy": 48.019426,
        "activity_lines": [
          9.684667,
          10.023273,
          10.909619,
          11.485312
        ]
      },
      {
        "date": "2025-05-09",
        "close": 9.43,
        "volume": 204130,
        "typical_volume": 286095.1,
        "trend": 12.062,
        "fair_value": 11.980881,
        "relative_strength": -28.970105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.425338,
        "energy": 46.436475,
        "activity_lines": [
          9.654,
          9.824,
          10.712286,
          11.306258
        ]
      },
      {
        "date": "2025-05-16",
        "close": 9.74,
        "volume": 157368,
        "typical_volume": 288052.65,
        "trend": 11.935667,
        "fair_value": 11.987804,
        "relative_strength": -30.743603,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.611938,
        "energy": 38.248311,
        "activity_lines": [
          9.686667,
          9.731818,
          10.558571,
          11.156452
        ]
      },
      {
        "date": "2025-05-23",
        "close": 9.81,
        "volume": 229923,
        "typical_volume": 291018.2,
        "trend": 11.812667,
        "fair_value": 11.996201,
        "relative_strength": -28.043062,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.95028,
        "energy": 32.169467,
        "activity_lines": [
          9.750667,
          9.695273,
          10.419905,
          11.019312
        ]
      },
      {
        "date": "2025-05-30",
        "close": 9.85,
        "volume": 137763,
        "typical_volume": 286895.85,
        "trend": 11.693,
        "fair_value": 12.001586,
        "relative_strength": -28.396667,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -41.531187,
        "energy": 30.065905,
        "activity_lines": [
          9.770667,
          9.705818,
          10.299667,
          10.892688
        ]
      },
      {
        "date": "2025-06-06",
        "close": 9.66,
        "volume": 182532,
        "typical_volume": 285746.4,
        "trend": 11.535333,
        "fair_value": 12.010015,
        "relative_strength": -30.554141,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -42.178761,
        "energy": 28.025051,
        "activity_lines": [
          9.736,
          9.704727,
          10.173381,
          10.761527
        ]
      },
      {
        "date": "2025-06-13",
        "close": 9.2,
        "volume": 121139,
        "typical_volume": 283361.35,
        "trend": 11.423333,
        "fair_value": 12.021874,
        "relative_strength": -32.82368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.650928,
        "energy": 34.76414,
        "activity_lines": [
          9.57,
          9.630182,
          10.018571,
          10.61086
        ]
      },
      {
        "date": "2025-06-20",
        "close": 8.9,
        "volume": 159716,
        "typical_volume": 282859.85,
        "trend": 11.268333,
        "fair_value": 12.024567,
        "relative_strength": -34.160444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.949127,
        "energy": 41.143598,
        "activity_lines": [
          9.319333,
          9.494364,
          9.853714,
          10.448065
        ]
      },
      {
        "date": "2025-06-27",
        "close": 8.99,
        "volume": 273479,
        "typical_volume": 291573.2,
        "trend": 11.093,
        "fair_value": 12.024759,
        "relative_strength": -35.183389,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.590179,
        "energy": 48.58445,
        "activity_lines": [
          9.154667,
          9.392364,
          9.716667,
          10.301075
        ]
      },
      {
        "date": "2025-07-04",
        "close": 10.03,
        "volume": 185771,
        "typical_volume": 295045.55,
        "trend": 10.972,
        "fair_value": 12.030913,
        "relative_strength": -27.874249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.678174,
        "energy": 38.158257,
        "activity_lines": [
          9.391333,
          9.478727,
          9.694905,
          10.232495
        ]
      },
      {
        "date": "2025-07-11",
        "close": 10.84,
        "volume": 238990,
        "typical_volume": 302598.55,
        "trend": 10.883,
        "fair_value": 12.041169,
        "relative_strength": -21.02407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.560571,
        "energy": 13.898882,
        "activity_lines": [
          9.886,
          9.711455,
          9.761476,
          10.223978
        ]
      },
      {
        "date": "2025-07-18",
        "close": 11.59,
        "volume": 800491,
        "typical_volume": 338588.45,
        "trend": 10.856333,
        "fair_value": 12.060849,
        "relative_strength": -15.921556,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 9.147849,
        "energy": 19.49389,
        "activity_lines": [
          10.552,
          10.065091,
          9.904762,
          10.269591
        ]
      },
      {
        "date": "2025-07-25",
        "close": 11.57,
        "volume": 397962,
        "typical_volume": 352726.95,
        "trend": 10.858667,
        "fair_value": 12.083156,
        "relative_strength": -15.855861,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 30.288554,
        "energy": 37.989469,
        "activity_lines": [
          11.052,
          10.375818,
          10.049143,
          10.315634
        ]
      },
      {
        "date": "2025-08-01",
        "close": 11.09,
        "volume": 157620,
        "typical_volume": 356827.35,
        "trend": 10.799,
        "fair_value": 12.097003,
        "relative_strength": -16.726135,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 21.345695,
        "energy": 44.621716,
        "activity_lines": [
          11.214,
          10.566,
          10.150333,
          10.330559
        ]
      },
      {
        "date": "2025-08-08",
        "close": 12.18,
        "volume": 255664,
        "typical_volume": 358864.6,
        "trend": 10.792333,
        "fair_value": 12.113541,
        "relative_strength": -11.193509,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.625551,
        "energy": 59.976459,
        "activity_lines": [
          11.599333,
          10.931091,
          10.359667,
          10.419656
        ]
      },
      {
        "date": "2025-08-15",
        "close": 12.17,
        "volume": 281706,
        "typical_volume": 358996.1,
        "trend": 10.769,
        "fair_value": 12.128605,
        "relative_strength": -11.096019,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.154213,
        "energy": 61.167589,
        "activity_lines": [
          11.838,
          11.252,
          10.562952,
          10.508538
        ]
      },
      {
        "date": "2025-08-22",
        "close": 12.18,
        "volume": 207368,
        "typical_volume": 315566.0,
        "trend": 10.738667,
        "fair_value": 12.148349,
        "relative_strength": -9.46222,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.126494,
        "energy": 53.465302,
        "activity_lines": [
          11.991333,
          11.529091,
          10.757905,
          10.59957
        ]
      },
      {
        "date": "2025-08-29",
        "close": 11.48,
        "volume": 135339,
        "typical_volume": 266108.55,
        "trend": 10.69,
        "fair_value": 12.166618,
        "relative_strength": -13.762575,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.423754,
        "energy": 40.201983,
        "activity_lines": [
          11.872,
          11.624727,
          10.870238,
          10.647398
        ]
      },
      {
        "date": "2025-09-05",
        "close": 10.93,
        "volume": 145654,
        "typical_volume": 251601.75,
        "trend": 10.641,
        "fair_value": 12.174951,
        "relative_strength": -17.78476,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 54.357755,
        "energy": 35.24594,
        "activity_lines": [
          11.575333,
          11.573455,
          10.922476,
          10.662882
        ]
      },
      {
        "date": "2025-09-12",
        "close": 11.23,
        "volume": 609549,
        "typical_volume": 253208.4,
        "trend": 10.602667,
        "fair_value": 12.1804,
        "relative_strength": -16.185457,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 40.204047,
        "energy": 22.751257,
        "activity_lines": [
          11.389333,
          11.541455,
          10.993857,
          10.700882
        ]
      },
      {
        "date": "2025-09-19",
        "close": 11.46,
        "volume": 443477,
        "typical_volume": 266282.05,
        "trend": 10.586333,
        "fair_value": 12.197195,
        "relative_strength": -15.432827,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.873836,
        "energy": 18.829502,
        "activity_lines": [
          11.343333,
          11.529455,
          11.08119,
          10.756194
        ]
      },
      {
        "date": "2025-09-26",
        "close": 10.4,
        "volume": 508916,
        "typical_volume": 281521.35,
        "trend": 10.525667,
        "fair_value": 12.205528,
        "relative_strength": -22.129538,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.02562,
        "energy": 16.039983,
        "activity_lines": [
          10.991333,
          11.313455,
          11.060571,
          10.744172
        ]
      },
      {
        "date": "2025-10-03",
        "close": 10.91,
        "volume": 262609,
        "typical_volume": 286783.4,
        "trend": 10.486,
        "fair_value": 12.214054,
        "relative_strength": -18.570546,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.602364,
        "energy": 15.608752,
        "activity_lines": [
          10.928,
          11.211818,
          11.083905,
          10.768968
        ]
      },
      {
        "date": "2025-10-10",
        "close": 10.65,
        "volume": 332176,
        "typical_volume": 291896.05,
        "trend": 10.441,
        "fair_value": 12.219118,
        "relative_strength": -17.962509,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.976347,
        "energy": 10.542741,
        "activity_lines": [
          10.816,
          11.074909,
          11.076905,
          10.779548
        ]
      },
      {
        "date": "2025-10-17",
        "close": 9.49,
        "volume": 415811,
        "typical_volume": 305798.45,
        "trend": 10.387,
        "fair_value": 12.216554,
        "relative_strength": -27.902111,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.699103,
        "energy": 24.620051,
        "activity_lines": [
          10.336,
          10.735091,
          10.955429,
          10.718194
        ]
      },
      {
        "date": "2025-10-24",
        "close": 9.99,
        "volume": 396536,
        "typical_volume": 316498.65,
        "trend": 10.379333,
        "fair_value": 12.220849,
        "relative_strength": -24.981116,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.010754,
        "energy": 29.301869,
        "activity_lines": [
          10.138667,
          10.535091,
          10.883286,
          10.692581
        ]
      },
      {
        "date": "2025-10-31",
        "close": 9.21,
        "volume": 195871,
        "typical_volume": 320235.25,
        "trend": 10.392,
        "fair_value": 12.221618,
        "relative_strength": -31.354328,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.669935,
        "energy": 45.842308,
        "activity_lines": [
          9.779333,
          10.232909,
          10.735286,
          10.61714
        ]
      },
      {
        "date": "2025-11-07",
        "close": 8.66,
        "volume": 623233,
        "typical_volume": 343411.1,
        "trend": 10.352,
        "fair_value": 12.213541,
        "relative_strength": -32.560077,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.163647,
        "energy": 57.211836,
        "activity_lines": [
          9.316,
          9.884727,
          10.534857,
          10.505398
        ]
      },
      {
        "date": "2025-11-14",
        "close": 8.32,
        "volume": 518444,
        "typical_volume": 355659.35,
        "trend": 10.331,
        "fair_value": 12.1979,
        "relative_strength": -34.409633,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.37528,
        "energy": 62.634078,
        "activity_lines": [
          8.889333,
          9.526,
          10.30319,
          10.374301
        ]
      },
      {
        "date": "2025-11-21",
        "close": 8.15,
        "volume": 279112,
        "typical_volume": 360326.4,
        "trend": 10.27,
        "fair_value": 12.157195,
        "relative_strength": -32.891092,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.436419,
        "energy": 75.774798,
        "activity_lines": [
          8.561333,
          9.183818,
          10.058524,
          10.233591
        ]
      },
      {
        "date": "2025-11-28",
        "close": 8.73,
        "volume": 257079,
        "typical_volume": 361230.85,
        "trend": 10.228,
        "fair_value": 12.125015,
        "relative_strength": -30.594208,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.41177,
        "energy": 68.347425,
        "activity_lines": [
          8.516,
          9.003091,
          9.878048,
          10.134237
        ]
      },
      {
        "date": "2025-12-05",
        "close": 8.94,
        "volume": 317497,
        "typical_volume": 337081.15,
        "trend": 10.211667,
        "fair_value": 12.099118,
        "relative_strength": -28.838172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.990678,
        "energy": 52.479488,
        "activity_lines": [
          8.624667,
          8.910182,
          9.727619,
          10.05114
        ]
      },
      {
        "date": "2025-12-12",
        "close": 10.73,
        "volume": 707400,
        "typical_volume": 352553.05,
        "trend": 10.244667,
        "fair_value": 12.086426,
        "relative_strength": -12.257395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.387595,
        "energy": 20.230239,
        "activity_lines": [
          9.348,
          9.169273,
          9.760286,
          10.084581
        ]
      },
      {
        "date": "2025-12-19",
        "close": 13.01,
        "volume": 5373643,
        "typical_volume": 613354.2,
        "trend": 10.351333,
        "fair_value": 12.076426,
        "relative_strength": 6.095644,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 23.391015,
        "energy": 25.253236,
        "activity_lines": [
          10.693333,
          9.846182,
          10.014095,
          10.262989
        ]
      },
      {
        "date": "2025-12-26",
        "close": 20.685,
        "volume": 2267313,
        "typical_volume": 713936.65,
        "trend": 10.7125,
        "fair_value": 12.111586,
        "relative_strength": 64.863059,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.265104,
        "energy": 80.638541,
        "activity_lines": [
          14.284333,
          11.875636,
          10.989714,
          10.929677
        ]
      },
      {
        "date": "2026-01-02",
        "close": 19.47,
        "volume": 6859048,
        "typical_volume": 1042803.75,
        "trend": 11.0395,
        "fair_value": 12.14165,
        "relative_strength": 56.885905,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.98087,
        "energy": 86.354207,
        "activity_lines": [
          16.634667,
          13.480636,
          11.809119,
          11.494677
        ]
      },
      {
        "date": "2026-01-09",
        "close": 25.28,
        "volume": 1907510,
        "typical_volume": 1127810.85,
        "trend": 11.5755,
        "fair_value": 12.199471,
        "relative_strength": 96.354347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.72355,
        "energy": 96.597925,
        "activity_lines": [
          20.205667,
          15.969636,
          13.147095,
          12.413419
        ]
      },
      {
        "date": "2026-01-16",
        "close": 24.88,
        "volume": 3243788,
        "typical_volume": 1283233.3,
        "trend": 12.108167,
        "fair_value": 12.247035,
        "relative_strength": 92.179675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.096594,
        "energy": 92.888087,
        "activity_lines": [
          22.554,
          18.093727,
          14.384595,
          13.271774
        ]
      },
      {
        "date": "2026-01-23",
        "close": 25.47,
        "volume": 6692420,
        "typical_volume": 1610571.6,
        "trend": 12.6575,
        "fair_value": 12.286329,
        "relative_strength": 93.408909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.251953,
        "energy": 84.344313,
        "activity_lines": [
          24.155667,
          20.030182,
          15.614476,
          14.133828
        ]
      },
      {
        "date": "2026-01-30",
        "close": 30.07,
        "volume": 2631390,
        "typical_volume": 1711663.65,
        "trend": 13.3255,
        "fair_value": 12.348124,
        "relative_strength": 123.876594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.624736,
        "energy": 83.674964,
        "activity_lines": [
          26.46,
          22.491182,
          17.213214,
          15.257215
        ]
      },
      {
        "date": "2026-02-06",
        "close": 29.0,
        "volume": 1550787,
        "typical_volume": 1767029.15,
        "trend": 13.930833,
        "fair_value": 12.413253,
        "relative_strength": 115.679797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.793442,
        "energy": 64.495953,
        "activity_lines": [
          27.782,
          24.359091,
          18.620333,
          16.268473
        ]
      },
      {
        "date": "2026-02-13",
        "close": 26.85,
        "volume": 660872,
        "typical_volume": 1774626.95,
        "trend": 14.4395,
        "fair_value": 12.479278,
        "relative_strength": 98.534542,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.371951,
        "energy": 58.198747,
        "activity_lines": [
          27.752,
          25.467545,
          19.739167,
          17.101968
        ]
      },
      {
        "date": "2026-02-20",
        "close": 24.06,
        "volume": 515302,
        "typical_volume": 1787261.6,
        "trend": 14.855833,
        "fair_value": 12.538765,
        "relative_strength": 73.413988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.857774,
        "energy": 50.776794,
        "activity_lines": [
          26.687333,
          25.743091,
          20.513952,
          17.722645
        ]
      },
      {
        "date": "2026-02-27",
        "close": 27.72,
        "volume": 947933,
        "typical_volume": 1818049.45,
        "trend": 15.410167,
        "fair_value": 12.622035,
        "relative_strength": 96.728224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.121631,
        "energy": 44.954872,
        "activity_lines": [
          26.897333,
          26.441727,
          21.57469,
          18.552591
        ]
      },
      {
        "date": "2026-03-06",
        "close": 23.09,
        "volume": 789079,
        "typical_volume": 1836712.85,
        "trend": 15.773833,
        "fair_value": 12.692355,
        "relative_strength": 64.056713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.021178,
        "energy": 29.833576,
        "activity_lines": [
          25.414,
          26.031091,
          22.11319,
          19.048065
        ]
      },
      {
        "date": "2026-03-13",
        "close": 26.74,
        "volume": 801272,
        "typical_volume": 1856949.65,
        "trend": 16.2595,
        "fair_value": 12.780624,
        "relative_strength": 88.841165,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.195703,
        "energy": 27.831539,
        "activity_lines": [
          25.612667,
          26.240364,
          22.934548,
          19.755559
        ]
      },
      {
        "date": "2026-03-20",
        "close": 24.1,
        "volume": 1479826,
        "typical_volume": 1921147.4,
        "trend": 16.656833,
        "fair_value": 12.850432,
        "relative_strength": 71.097988,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.30535,
        "energy": 24.249929,
        "activity_lines": [
          25.082,
          25.837455,
          23.424714,
          20.261398
        ]
      },
      {
        "date": "2026-03-27",
        "close": 22.33,
        "volume": 678833,
        "typical_volume": 1923927.4,
        "trend": 17.0185,
        "fair_value": 12.905176,
        "relative_strength": 61.535746,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.605753,
        "energy": 18.113557,
        "activity_lines": [
          24.144667,
          25.134182,
          23.675405,
          20.627409
        ]
      },
      {
        "date": "2026-04-03",
        "close": 22.82,
        "volume": 505538,
        "typical_volume": 1923282.1,
        "trend": 17.414833,
        "fair_value": 12.967291,
        "relative_strength": 56.551482,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.048262,
        "energy": 17.094825,
        "activity_lines": [
          23.486,
          24.566364,
          23.907667,
          21.001699
        ]
      },
      {
        "date": "2026-04-10",
        "close": 25.78,
        "volume": 694822,
        "typical_volume": 1944067.6,
        "trend": 17.899833,
        "fair_value": 13.056842,
        "relative_strength": 66.684505,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.092707,
        "energy": 17.610804,
        "activity_lines": [
          24.140667,
          24.584909,
          24.352786,
          21.541387
        ]
      },
      {
        "date": "2026-04-17",
        "close": 27.74,
        "volume": 644323,
        "typical_volume": 1963429.8,
        "trend": 18.4425,
        "fair_value": 13.161009,
        "relative_strength": 66.074447,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.874589,
        "energy": 27.525505,
        "activity_lines": [
          25.269333,
          25.037818,
          24.900619,
          22.176237
        ]
      },
      {
        "date": "2026-04-24",
        "close": 24.21,
        "volume": 821971,
        "typical_volume": 1988653.5,
        "trend": 18.902833,
        "fair_value": 13.247547,
        "relative_strength": 40.214467,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.919729,
        "energy": 21.750101,
        "activity_lines": [
          25.154667,
          24.871818,
          25.021738,
          22.548333
        ]
      },
      {
        "date": "2026-05-01",
        "close": 23.7,
        "volume": 520097,
        "typical_volume": 1979288.35,
        "trend": 19.329167,
        "fair_value": 13.327227,
        "relative_strength": 33.721866,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.316014,
        "energy": 21.994508,
        "activity_lines": [
          24.862667,
          24.661091,
          25.021571,
          22.857828
        ]
      },
      {
        "date": "2026-05-08",
        "close": 22.86,
        "volume": 521106,
        "typical_volume": 1736661.5,
        "trend": 19.736167,
        "fair_value": 13.401458,
        "relative_strength": 21.128585,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.56394,
        "energy": 13.21027,
        "activity_lines": [
          24.199333,
          24.304182,
          24.879643,
          23.085624
        ]
      },
      {
        "date": "2026-05-15",
        "close": 27.21,
        "volume": 915433,
        "typical_volume": 1669067.5,
        "trend": 20.326833,
        "fair_value": 13.503124,
        "relative_strength": 42.616178,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.140455,
        "energy": 19.049869,
        "activity_lines": [
          24.983333,
          24.826545,
          25.105095,
          23.567806
        ]
      },
      {
        "date": "2026-05-22",
        "close": 27.65,
        "volume": 443290,
        "typical_volume": 1348279.6,
        "trend": 20.9155,
        "fair_value": 13.610945,
        "relative_strength": 41.245626,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.546928,
        "energy": 25.926133,
        "activity_lines": [
          25.818667,
          25.354,
          25.341381,
          24.040269
        ]
      },
      {
        "date": "2026-05-29",
        "close": 26.175,
        "volume": 587927,
        "typical_volume": 1282300.45,
        "trend": 21.481,
        "fair_value": 13.708413,
        "relative_strength": 28.463531,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.444598,
        "energy": 25.605211,
        "activity_lines": [
          26.168333,
          25.596727,
          25.398238,
          24.379591
        ]
      },
      {
        "date": "2026-06-05",
        "close": 22.25,
        "volume": 1288117,
        "typical_volume": 1184516.9,
        "trend": 21.934,
        "fair_value": 13.781169,
        "relative_strength": 13.302913,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.585131,
        "energy": 13.602836,
        "activity_lines": [
          25.078667,
          25.088091,
          25.077024,
          24.429204
        ]
      },
      {
        "date": "2026-06-12",
        "close": 24.06,
        "volume": 471185,
        "typical_volume": 873455.15,
        "trend": 22.458667,
        "fair_value": 13.865528,
        "relative_strength": 18.45988,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.076957,
        "energy": 7.312736,
        "activity_lines": [
          24.689,
          24.91,
          24.940714,
          24.566366
        ]
      },
      {
        "date": "2026-06-19",
        "close": 23.38,
        "volume": 395636,
        "typical_volume": 761667.45,
        "trend": 22.966333,
        "fair_value": 13.953541,
        "relative_strength": 11.007417,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.034307,
        "energy": 9.68259,
        "activity_lines": [
          23.992667,
          24.585727,
          24.746357,
          24.625806
        ]
      },
      {
        "date": "2026-06-26",
        "close": 19.8,
        "volume": 1037726,
        "typical_volume": 736014.4,
        "trend": 23.335333,
        "fair_value": 14.018637,
        "relative_strength": -2.324299,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.864989,
        "energy": 28.772669,
        "activity_lines": [
          22.358333,
          23.654182,
          24.242905,
          24.421527
        ]
      },
      {
        "date": "2026-07-03",
        "close": 22.0,
        "volume": 522387,
        "typical_volume": 729090.15,
        "trend": 23.770667,
        "fair_value": 14.101778,
        "relative_strength": 6.689118,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.976945,
        "energy": 34.67865,
        "activity_lines": [
          21.980667,
          23.267,
          23.992786,
          24.335376
        ]
      },
      {
        "date": "2026-07-10",
        "close": 19.8,
        "volume": 794622,
        "typical_volume": 743056.15,
        "trend": 24.073,
        "fair_value": 14.168829,
        "relative_strength": -6.166043,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.170451,
        "energy": 46.124246,
        "activity_lines": [
          21.148,
          22.52,
          23.556238,
          24.079204
        ]
      },
      {
        "date": "2026-07-17",
        "close": 16.32,
        "volume": 784500,
        "typical_volume": 734884.5,
        "trend": 24.183333,
        "fair_value": 14.215112,
        "relative_strength": -19.447326,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -73.428514,
        "energy": 67.233183,
        "activity_lines": [
          19.318667,
          21.211182,
          22.808548,
          23.579011
        ]
      },
      {
        "date": "2026-07-24",
        "close": 12.98,
        "volume": 1466385,
        "typical_volume": 768749.8,
        "trend": 23.9265,
        "fair_value": 14.241586,
        "relative_strength": -34.827691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.63406,
        "energy": 76.539498,
        "activity_lines": [
          16.892,
          19.414,
          21.797048,
          22.856215
        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.5,
        "volume": 600574,
        "typical_volume": 758714.9,
        "trend": 23.7275,
        "fair_value": 14.260432,
        "relative_strength": -32.566122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.55531,
        "energy": 79.722043,
        "activity_lines": [
          15.332,
          17.970091,
          20.883214,
          22.183538
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.36,
        "volume": 531937,
        "typical_volume": 711320.45,
        "trend": 23.3635,
        "fair_value": 14.284791,
        "relative_strength": -31.682596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.182856,
        "energy": 77.980985,
        "activity_lines": [
          14.478667,
          16.939818,
          20.114333,
          21.579183
        ]
      }
    ],
    "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."
    }
  }
}