{
  "ticker": {
    "uuid": "f81df366-7801-4806-ad29-98d4fd80ac9c",
    "symbol": "TAN",
    "name": "Tanachira Retail Corporation Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 89.664,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 49.44,
    "architecture_energy": 37.91,
    "architecture_maturity": 8.292,
    "architecture_confidence": 65.528,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 37.81,
        "rotation_up": 49.71,
        "upward_expansion": 74.27,
        "deceleration": 57.78,
        "rotation_down": 15.69,
        "downward_expansion": 5.6
      },
      "activity_lines": [
        3.868,
        3.847636,
        3.81429,
        3.785324
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 3.84,
    "trend_reference": 3.733032,
    "distance_from_trend": 0.028654,
    "trend_direction": "Improving",
    "fair_value": 6.997365,
    "distance_from_fair_value": -0.451222,
    "fair_value_direction": "Improving",
    "relative_strength": -11.069796,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.07919,
    "excess_performance": -0.113135,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.028654,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.031567,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.451222,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.004114,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.110698,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.014757,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.07919,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.395724,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 185800,
      "relative_activity": 0.465029,
      "balance": 1.395724,
      "dry_up": 1.067652,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.045272,
      "annualized_volatility": 0.190767,
      "from_high_reference": -0.130273,
      "from_low_reference": 0.205411
    },
    "levels": {
      "trend_reference": 3.733032,
      "fair_value_reference": 6.997365,
      "structural_low": 3.483705,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.007689,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.031657,
        "regime_survival": 0.5,
        "best_return": 0.032609,
        "worst_return": -0.01723,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.03084,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.097997,
        "regime_survival": 1.0,
        "best_return": 0.03084,
        "worst_return": 0.03084,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-09-05",
        "tenure": "Established",
        "return": -0.118019,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-12",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.037915,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-21",
        "end": "2026-02-13",
        "tenure": "Established",
        "return": -0.068627,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": 0.030612,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": -0.011889,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-05",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.06383,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.005181,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-10-20",
        "close": 12.759543,
        "volume": 157761500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 13.176522,
        "volume": 17643600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 14.344064,
        "volume": 26502600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 13.843689,
        "volume": 14634500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 13.676896,
        "volume": 10171900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 14.167402,
        "volume": 8968800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 12.364278,
        "volume": 17511400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 11.076332,
        "volume": 4328300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 11.248058,
        "volume": 6444400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 11.33392,
        "volume": 8073700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 11.419785,
        "volume": 6110100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 11.8491,
        "volume": 4332400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 12.621867,
        "volume": 7683200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 12.536004,
        "volume": 3136400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 12.621867,
        "volume": 2757100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 12.106688,
        "volume": 2746100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 12.278415,
        "volume": 2562700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 12.192552,
        "volume": 1915400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 12.106688,
        "volume": 2887100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 12.965319,
        "volume": 7905700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 13.652223,
        "volume": 6633400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 13.480497,
        "volume": 4971000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 13.911986,
        "volume": 4674700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 14.607585,
        "volume": 5644800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 15.303185,
        "volume": 3597900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 15.216234,
        "volume": 3060600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 14.433686,
        "volume": 2265900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 14.433686,
        "volume": 3449700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.564187,
        "volume": 4460100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.911986,
        "volume": 4427500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 14.085887,
        "volume": 2218900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 14.607585,
        "volume": 3888300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.738086,
        "volume": 3386800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 13.216386,
        "volume": 1799800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13.651136,
        "volume": 1465100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 13.738086,
        "volume": 1952100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 12.607738,
        "volume": 2053800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13.042487,
        "volume": 3267500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 12.781637,
        "volume": 1419100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 10.607889,
        "volume": 4474800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 10.43399,
        "volume": 771100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 10.694839,
        "volume": 1352600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 10.52094,
        "volume": 877700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7.434218,
        "volume": 8677900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 7.434218,
        "volume": 6172500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 6.825568,
        "volume": 26270400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7.912443,
        "volume": 13229100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 7.912443,
        "volume": 10555400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 8.086342,
        "volume": 3928700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 8.347192,
        "volume": 11269000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 7.347268,
        "volume": 5179600,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 7.173368,
        "volume": 5602800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 6.738618,
        "volume": 3916000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 6.955993,
        "volume": 2652400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 6.999468,
        "volume": 2191900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 7.086418,
        "volume": 3496000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 7.434218,
        "volume": 5609800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 7.303792,
        "volume": 3973700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 6.912518,
        "volume": 3602100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 6.390819,
        "volume": 4908700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 6.260394,
        "volume": 3284700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 6.043019,
        "volume": 3007400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 6.043019,
        "volume": 2782300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 5.564795,
        "volume": 5097100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 4.65182,
        "volume": 4599200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 4.695295,
        "volume": 5537900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 4.91267,
        "volume": 3485000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 4.73877,
        "volume": 2710300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 4.051866,
        "volume": 7334500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4.121426,
        "volume": 2040000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 4.521395,
        "volume": 3166200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 4.260546,
        "volume": 7116000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 4.295326,
        "volume": 12844900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 4.330106,
        "volume": 10126400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 4.390971,
        "volume": 5594900,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 4.138816,
        "volume": 1843800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 3.964916,
        "volume": 4425400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3.773626,
        "volume": 2814300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 4.121426,
        "volume": 1033800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 4.477921,
        "volume": 3152100,
        "typical_volume": 4599810.0,
        "trend": 5.456687,
        "fair_value": 9.682299,
        "relative_strength": -33.938311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.793564,
        "energy": 48.358932,
        "activity_lines": [
          4.150989,
          4.179129,
          4.346419,
          4.796064
        ]
      },
      {
        "date": "2025-05-02",
        "close": 4.477921,
        "volume": 1317500,
        "typical_volume": 4501450.0,
        "trend": 5.361042,
        "fair_value": 9.618048,
        "relative_strength": -34.819471,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.647857,
        "energy": 34.515832,
        "activity_lines": [
          4.278516,
          4.224659,
          4.328325,
          4.732918
        ]
      },
      {
        "date": "2025-05-09",
        "close": 4.284771,
        "volume": 2499100,
        "typical_volume": 4476035.0,
        "trend": 5.264755,
        "fair_value": 9.553008,
        "relative_strength": -36.847576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.539458,
        "energy": 24.384931,
        "activity_lines": [
          4.319052,
          4.235862,
          4.300324,
          4.663481
        ]
      },
      {
        "date": "2025-05-16",
        "close": 4.303401,
        "volume": 3079200,
        "typical_volume": 4490880.0,
        "trend": 5.183581,
        "fair_value": 9.48976,
        "relative_strength": -34.28222,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.697423,
        "energy": 21.488243,
        "activity_lines": [
          4.344475,
          4.250011,
          4.28247,
          4.601458
        ]
      },
      {
        "date": "2025-05-23",
        "close": 4.117106,
        "volume": 1812200,
        "typical_volume": 4326635.0,
        "trend": 5.088952,
        "fair_value": 9.425799,
        "relative_strength": -34.430561,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.712327,
        "energy": 26.12678,
        "activity_lines": [
          4.272481,
          4.230142,
          4.255157,
          4.532653
        ]
      },
      {
        "date": "2025-05-30",
        "close": 4.02396,
        "volume": 645100,
        "typical_volume": 4128930.0,
        "trend": 4.989768,
        "fair_value": 9.362248,
        "relative_strength": -32.773657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.174898,
        "energy": 38.237791,
        "activity_lines": [
          4.169726,
          4.197209,
          4.225867,
          4.463944
        ]
      },
      {
        "date": "2025-06-06",
        "close": 4.042589,
        "volume": 256300,
        "typical_volume": 3864850.0,
        "trend": 4.888307,
        "fair_value": 9.300392,
        "relative_strength": -30.062609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.976249,
        "energy": 42.17743,
        "activity_lines": [
          4.103445,
          4.174337,
          4.201341,
          4.402836
        ]
      },
      {
        "date": "2025-06-13",
        "close": 3.986701,
        "volume": 622500,
        "typical_volume": 3721725.0,
        "trend": 4.77339,
        "fair_value": 9.239315,
        "relative_strength": -28.31671,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.335508,
        "energy": 45.928435,
        "activity_lines": [
          4.047557,
          4.143053,
          4.174601,
          4.344667
        ]
      },
      {
        "date": "2025-06-20",
        "close": 3.819035,
        "volume": 749800,
        "typical_volume": 3623700.0,
        "trend": 4.657231,
        "fair_value": 9.177721,
        "relative_strength": -25.79044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.364772,
        "energy": 66.341212,
        "activity_lines": [
          3.955651,
          4.080888,
          4.136302,
          4.283096
        ]
      },
      {
        "date": "2025-06-27",
        "close": 3.874924,
        "volume": 701100,
        "typical_volume": 3292030.0,
        "trend": 4.555978,
        "fair_value": 9.118139,
        "relative_strength": -23.87731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.191935,
        "energy": 63.745259,
        "activity_lines": [
          3.914667,
          4.028059,
          4.107705,
          4.232625
        ]
      },
      {
        "date": "2025-07-04",
        "close": 3.837665,
        "volume": 478900,
        "typical_volume": 3213975.0,
        "trend": 4.470873,
        "fair_value": 9.059467,
        "relative_strength": -25.140829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.122346,
        "energy": 62.26621,
        "activity_lines": [
          3.877408,
          3.972938,
          4.076402,
          4.186282
        ]
      },
      {
        "date": "2025-07-11",
        "close": 3.874924,
        "volume": 268100,
        "typical_volume": 3069070.0,
        "trend": 4.391358,
        "fair_value": 9.002494,
        "relative_strength": -22.495265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.234398,
        "energy": 59.893527,
        "activity_lines": [
          3.864988,
          3.936232,
          4.049999,
          4.147834
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4.061218,
        "volume": 867200,
        "typical_volume": 2756630.0,
        "trend": 4.325298,
        "fair_value": 8.948784,
        "relative_strength": -22.964524,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.641426,
        "energy": 39.472859,
        "activity_lines": [
          3.925844,
          3.944361,
          4.044417,
          4.126534
        ]
      },
      {
        "date": "2025-07-25",
        "close": 3.856294,
        "volume": 1162200,
        "typical_volume": 2172495.0,
        "trend": 4.252407,
        "fair_value": 8.894027,
        "relative_strength": -25.917341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.733879,
        "energy": 40.512234,
        "activity_lines": [
          3.913425,
          3.919296,
          4.020267,
          4.096276
        ]
      },
      {
        "date": "2025-08-01",
        "close": 3.819035,
        "volume": 662700,
        "typical_volume": 1699310.0,
        "trend": 4.194215,
        "fair_value": 8.840037,
        "relative_strength": -25.014829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.956281,
        "energy": 38.753101,
        "activity_lines": [
          3.886101,
          3.895585,
          3.994659,
          4.068316
        ]
      },
      {
        "date": "2025-08-08",
        "close": 4.00533,
        "volume": 946500,
        "typical_volume": 1466890.0,
        "trend": 4.172665,
        "fair_value": 8.789146,
        "relative_strength": -22.135715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.880771,
        "energy": 24.481699,
        "activity_lines": [
          3.924602,
          3.911166,
          3.989228,
          4.05613
        ]
      },
      {
        "date": "2025-08-15",
        "close": 3.893553,
        "volume": 3247000,
        "typical_volume": 1537050.0,
        "trend": 4.14594,
        "fair_value": 8.73815,
        "relative_strength": -23.387091,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.68752,
        "energy": 26.863863,
        "activity_lines": [
          3.914666,
          3.906763,
          3.974987,
          4.038123
        ]
      },
      {
        "date": "2025-08-22",
        "close": 3.912183,
        "volume": 1695100,
        "typical_volume": 1400535.0,
        "trend": 4.112591,
        "fair_value": 8.688398,
        "relative_strength": -21.768149,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.888985,
        "energy": 23.598924,
        "activity_lines": [
          3.909699,
          3.908457,
          3.963689,
          4.023042
        ]
      },
      {
        "date": "2025-08-29",
        "close": 3.930812,
        "volume": 1004600,
        "typical_volume": 1310050.0,
        "trend": 4.085659,
        "fair_value": 8.639851,
        "relative_strength": -19.614722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.962879,
        "energy": 18.435099,
        "activity_lines": [
          3.920876,
          3.914892,
          3.954416,
          4.011314
        ]
      },
      {
        "date": "2025-09-05",
        "close": 3.949441,
        "volume": 684300,
        "typical_volume": 1292575.0,
        "trend": 4.082245,
        "fair_value": 8.592473,
        "relative_strength": -20.093571,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.71944,
        "energy": 18.06036,
        "activity_lines": [
          3.933296,
          3.922683,
          3.946168,
          4.002526
        ]
      },
      {
        "date": "2025-09-12",
        "close": 3.930812,
        "volume": 260100,
        "typical_volume": 1147975.0,
        "trend": 4.075891,
        "fair_value": 8.545856,
        "relative_strength": -21.267309,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.2224,
        "energy": 15.774307,
        "activity_lines": [
          3.930812,
          3.925731,
          3.936966,
          3.992756
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4.00533,
        "volume": 555500,
        "typical_volume": 1109875.0,
        "trend": 4.058689,
        "fair_value": 8.500901,
        "relative_strength": -18.717719,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.819622,
        "energy": 8.781762,
        "activity_lines": [
          3.958135,
          3.940635,
          3.937465,
          3.988204
        ]
      },
      {
        "date": "2025-09-26",
        "close": 3.874924,
        "volume": 418800,
        "typical_volume": 1005860.0,
        "trend": 4.045835,
        "fair_value": 8.455548,
        "relative_strength": -19.395979,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.721278,
        "energy": 12.753274,
        "activity_lines": [
          3.934538,
          3.929457,
          3.927796,
          3.976348
        ]
      },
      {
        "date": "2025-10-03",
        "close": 3.949441,
        "volume": 131300,
        "typical_volume": 858465.0,
        "trend": 4.034305,
        "fair_value": 8.411799,
        "relative_strength": -17.936349,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.714518,
        "energy": 10.118998,
        "activity_lines": [
          3.938264,
          3.935215,
          3.927175,
          3.970129
        ]
      },
      {
        "date": "2025-10-10",
        "close": 3.819035,
        "volume": 199700,
        "typical_volume": 777840.0,
        "trend": 4.017269,
        "fair_value": 8.367638,
        "relative_strength": -19.440976,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.631264,
        "energy": 23.954294,
        "activity_lines": [
          3.897279,
          3.91557,
          3.91582,
          3.956241
        ]
      },
      {
        "date": "2025-10-17",
        "close": 3.819035,
        "volume": 228700,
        "typical_volume": 757020.0,
        "trend": 3.998205,
        "fair_value": 8.324318,
        "relative_strength": -18.005551,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.466662,
        "energy": 37.047175,
        "activity_lines": [
          3.864988,
          3.895924,
          3.905884,
          3.943452
        ]
      },
      {
        "date": "2025-10-24",
        "close": 3.819035,
        "volume": 78400,
        "typical_volume": 748125.0,
        "trend": 3.987545,
        "fair_value": 8.281815,
        "relative_strength": -19.677481,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.167015,
        "energy": 41.656803,
        "activity_lines": [
          3.840148,
          3.879666,
          3.896924,
          3.931892
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3.856294,
        "volume": 59900,
        "typical_volume": 719995.0,
        "trend": 3.983925,
        "fair_value": 8.240455,
        "relative_strength": -17.819013,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.968688,
        "energy": 41.187373,
        "activity_lines": [
          3.840148,
          3.871536,
          3.892577,
          3.923424
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3.800406,
        "volume": 128100,
        "typical_volume": 688910.0,
        "trend": 3.984817,
        "fair_value": 8.199344,
        "relative_strength": -17.752342,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.487692,
        "energy": 41.445207,
        "activity_lines": [
          3.822761,
          3.854262,
          3.883529,
          3.911584
        ]
      },
      {
        "date": "2025-11-14",
        "close": 3.781776,
        "volume": 41700,
        "typical_volume": 655940.0,
        "trend": 3.973496,
        "fair_value": 8.158816,
        "relative_strength": -14.983604,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.57509,
        "energy": 45.714981,
        "activity_lines": [
          3.809099,
          3.835971,
          3.872794,
          3.898485
        ]
      },
      {
        "date": "2025-11-21",
        "close": 3.800406,
        "volume": 89600,
        "typical_volume": 636475.0,
        "trend": 3.950912,
        "fair_value": 8.119194,
        "relative_strength": -12.583602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.798516,
        "energy": 37.287824,
        "activity_lines": [
          3.804132,
          3.824116,
          3.864278,
          3.887318
        ]
      },
      {
        "date": "2025-11-28",
        "close": 3.539594,
        "volume": 395500,
        "typical_volume": 642845.0,
        "trend": 3.919634,
        "fair_value": 8.077936,
        "relative_strength": -17.807283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.373213,
        "energy": 69.34416,
        "activity_lines": [
          3.713469,
          3.767212,
          3.8311,
          3.860781
        ]
      },
      {
        "date": "2025-12-05",
        "close": 3.483706,
        "volume": 247300,
        "typical_volume": 611850.0,
        "trend": 3.892932,
        "fair_value": 8.036916,
        "relative_strength": -19.436316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.932804,
        "energy": 78.298627,
        "activity_lines": [
          3.622805,
          3.708614,
          3.794196,
          3.832657
        ]
      },
      {
        "date": "2025-12-12",
        "close": 3.260152,
        "volume": 554800,
        "typical_volume": 581480.0,
        "trend": 3.858157,
        "fair_value": 7.994644,
        "relative_strength": -22.646672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.736242,
        "energy": 89.146059,
        "activity_lines": [
          3.482464,
          3.616483,
          3.738751,
          3.791832
        ]
      },
      {
        "date": "2025-12-19",
        "close": 3.316041,
        "volume": 265600,
        "typical_volume": 561625.0,
        "trend": 3.831455,
        "fair_value": 7.953604,
        "relative_strength": -20.390298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.501427,
        "energy": 89.679875,
        "activity_lines": [
          3.396768,
          3.547046,
          3.691468,
          3.756857
        ]
      },
      {
        "date": "2025-12-26",
        "close": 3.222893,
        "volume": 137300,
        "typical_volume": 521165.0,
        "trend": 3.804753,
        "fair_value": 7.912467,
        "relative_strength": -22.272824,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.762032,
        "energy": 91.884556,
        "activity_lines": [
          3.311073,
          3.469818,
          3.637709,
          3.717595
        ]
      },
      {
        "date": "2026-01-02",
        "close": 3.278782,
        "volume": 20300,
        "typical_volume": 359830.0,
        "trend": 3.779293,
        "fair_value": 7.872521,
        "relative_strength": -20.292268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.442617,
        "energy": 87.24109,
        "activity_lines": [
          3.282508,
          3.413591,
          3.592998,
          3.683661
        ]
      },
      {
        "date": "2026-01-09",
        "close": 3.409188,
        "volume": 302800,
        "typical_volume": 290215.0,
        "trend": 3.760042,
        "fair_value": 7.834373,
        "relative_strength": -16.417608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.74434,
        "energy": 63.543375,
        "activity_lines": [
          3.314799,
          3.390897,
          3.563635,
          3.659784
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3.446447,
        "volume": 171900,
        "typical_volume": 248580.0,
        "trend": 3.747623,
        "fair_value": 7.797187,
        "relative_strength": -16.533914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.469381,
        "energy": 49.977648,
        "activity_lines": [
          3.364477,
          3.383107,
          3.540215,
          3.639552
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3.632741,
        "volume": 278700,
        "typical_volume": 228300.0,
        "trend": 3.73955,
        "fair_value": 7.762192,
        "relative_strength": -14.177981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.390093,
        "energy": 27.239561,
        "activity_lines": [
          3.463834,
          3.415624,
          3.536844,
          3.63214
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3.595482,
        "volume": 123200,
        "typical_volume": 221455.0,
        "trend": 3.731477,
        "fair_value": 7.727469,
        "relative_strength": -15.326419,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.759494,
        "energy": 24.489514,
        "activity_lines": [
          3.529658,
          3.444076,
          3.531432,
          3.622845
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3.558223,
        "volume": 89500,
        "typical_volume": 198155.0,
        "trend": 3.72092,
        "fair_value": 7.693013,
        "relative_strength": -17.697769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.57164,
        "energy": 23.51103,
        "activity_lines": [
          3.558223,
          3.469479,
          3.524069,
          3.611668
        ]
      },
      {
        "date": "2026-02-13",
        "close": 3.539594,
        "volume": 125200,
        "typical_volume": 183475.0,
        "trend": 3.703533,
        "fair_value": 7.658968,
        "relative_strength": -22.142637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.393986,
        "energy": 20.983927,
        "activity_lines": [
          3.561949,
          3.491157,
          3.517061,
          3.599969
        ]
      },
      {
        "date": "2026-02-20",
        "close": 3.651371,
        "volume": 318000,
        "typical_volume": 192810.0,
        "trend": 3.696702,
        "fair_value": 7.626386,
        "relative_strength": -21.810864,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.046817,
        "energy": 11.556101,
        "activity_lines": [
          3.59424,
          3.532142,
          3.522295,
          3.596604
        ]
      },
      {
        "date": "2026-02-27",
        "close": 3.632741,
        "volume": 801700,
        "typical_volume": 222910.0,
        "trend": 3.690492,
        "fair_value": 7.59418,
        "relative_strength": -24.143743,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.132818,
        "energy": 11.193564,
        "activity_lines": [
          3.60666,
          3.562627,
          3.527174,
          3.592477
        ]
      },
      {
        "date": "2026-03-06",
        "close": 3.614112,
        "volume": 572700,
        "typical_volume": 240110.0,
        "trend": 3.677452,
        "fair_value": 7.562339,
        "relative_strength": -17.714113,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.106943,
        "energy": 11.451327,
        "activity_lines": [
          3.61287,
          3.583966,
          3.531166,
          3.58755
        ]
      },
      {
        "date": "2026-03-13",
        "close": 3.707259,
        "volume": 425000,
        "typical_volume": 257440.0,
        "trend": 3.671242,
        "fair_value": 7.531743,
        "relative_strength": -14.976443,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.702267,
        "energy": 14.963898,
        "activity_lines": [
          3.648887,
          3.615128,
          3.545005,
          3.589473
        ]
      },
      {
        "date": "2026-03-20",
        "close": 3.763147,
        "volume": 352600,
        "typical_volume": 272075.0,
        "trend": 3.666274,
        "fair_value": 7.502069,
        "relative_strength": -14.547813,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.130901,
        "energy": 34.722611,
        "activity_lines": [
          3.693597,
          3.648661,
          3.564699,
          3.595402
        ]
      },
      {
        "date": "2026-03-27",
        "close": 3.744518,
        "volume": 604500,
        "typical_volume": 295895.0,
        "trend": 3.660064,
        "fair_value": 7.472713,
        "relative_strength": -15.302319,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.031663,
        "energy": 34.876849,
        "activity_lines": [
          3.717195,
          3.672371,
          3.583063,
          3.60045
        ]
      },
      {
        "date": "2026-04-03",
        "close": 3.763147,
        "volume": 65200,
        "typical_volume": 297070.0,
        "trend": 3.653854,
        "fair_value": 7.443957,
        "relative_strength": -14.785988,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.917965,
        "energy": 37.900851,
        "activity_lines": [
          3.740792,
          3.694049,
          3.603466,
          3.607101
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3.763147,
        "volume": 111300,
        "typical_volume": 298155.0,
        "trend": 3.648266,
        "fair_value": 7.415643,
        "relative_strength": -17.331299,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.304328,
        "energy": 41.199791,
        "activity_lines": [
          3.755695,
          3.713356,
          3.623959,
          3.614152
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3.744518,
        "volume": 33300,
        "typical_volume": 280045.0,
        "trend": 3.639572,
        "fair_value": 7.387619,
        "relative_strength": -15.821835,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.243749,
        "energy": 35.442915,
        "activity_lines": [
          3.754453,
          3.726227,
          3.642854,
          3.620362
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3.744518,
        "volume": 535900,
        "typical_volume": 294475.0,
        "trend": 3.635225,
        "fair_value": 7.36002,
        "relative_strength": -13.582972,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 28.387685,
        "energy": 32.439422,
        "activity_lines": [
          3.750728,
          3.735711,
          3.660774,
          3.627132
        ]
      },
      {
        "date": "2026-05-01",
        "close": 3.67,
        "volume": 215800,
        "typical_volume": 277525.0,
        "trend": 3.62591,
        "fair_value": 7.332275,
        "relative_strength": -16.746739,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.796474,
        "energy": 25.981598,
        "activity_lines": [
          3.723404,
          3.727921,
          3.670355,
          3.629376
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3.98,
        "volume": 412000,
        "typical_volume": 284845.0,
        "trend": 3.631276,
        "fair_value": 7.307258,
        "relative_strength": -9.594064,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.851997,
        "energy": 53.712491,
        "activity_lines": [
          3.804382,
          3.776155,
          3.707508,
          3.65222
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3.74,
        "volume": 423000,
        "typical_volume": 299130.0,
        "trend": 3.628641,
        "fair_value": 7.280834,
        "relative_strength": -15.40081,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.582228,
        "energy": 33.774379,
        "activity_lines": [
          3.790904,
          3.774439,
          3.718642,
          3.659235
        ]
      },
      {
        "date": "2026-05-22",
        "close": 3.68,
        "volume": 557200,
        "typical_volume": 325975.0,
        "trend": 3.624007,
        "fair_value": 7.254358,
        "relative_strength": -17.27362,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.92207,
        "energy": 24.310386,
        "activity_lines": [
          3.758968,
          3.759526,
          3.721599,
          3.662548
        ]
      },
      {
        "date": "2026-05-29",
        "close": 3.7,
        "volume": 1357100,
        "typical_volume": 378690.0,
        "trend": 3.618797,
        "fair_value": 7.228413,
        "relative_strength": -17.774246,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.080074,
        "energy": 22.746113,
        "activity_lines": [
          3.738,
          3.748744,
          3.724551,
          3.667451
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3.76,
        "volume": 541200,
        "typical_volume": 397155.0,
        "trend": 3.61745,
        "fair_value": 7.20328,
        "relative_strength": -16.531204,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.045862,
        "energy": 18.754659,
        "activity_lines": [
          3.74,
          3.750019,
          3.731832,
          3.676561
        ]
      },
      {
        "date": "2026-06-12",
        "close": 3.86,
        "volume": 126000,
        "typical_volume": 389520.0,
        "trend": 3.620058,
        "fair_value": 7.179228,
        "relative_strength": -14.185766,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.335551,
        "energy": 27.492356,
        "activity_lines": [
          3.769333,
          3.769195,
          3.747144,
          3.692209
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3.8,
        "volume": 77800,
        "typical_volume": 387250.0,
        "trend": 3.620044,
        "fair_value": 7.15509,
        "relative_strength": -13.768688,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.530066,
        "energy": 29.580468,
        "activity_lines": [
          3.786667,
          3.775701,
          3.755659,
          3.703818
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3.78,
        "volume": 357700,
        "typical_volume": 400660.0,
        "trend": 3.628058,
        "fair_value": 7.131153,
        "relative_strength": -11.862304,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.868016,
        "energy": 33.699222,
        "activity_lines": [
          3.793333,
          3.7779,
          3.761296,
          3.714138
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3.76,
        "volume": 206900,
        "typical_volume": 404745.0,
        "trend": 3.637267,
        "fair_value": 7.107413,
        "relative_strength": -15.440478,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.35781,
        "energy": 28.636623,
        "activity_lines": [
          3.786667,
          3.775818,
          3.763972,
          3.722651
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3.8,
        "volume": 659700,
        "typical_volume": 421830.0,
        "trend": 3.655262,
        "fair_value": 7.084284,
        "relative_strength": -14.418492,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.703567,
        "energy": 24.476103,
        "activity_lines": [
          3.789333,
          3.780727,
          3.769408,
          3.73315
        ]
      },
      {
        "date": "2026-07-17",
        "close": 4.0,
        "volume": 756600,
        "typical_volume": 419575.0,
        "trend": 3.678061,
        "fair_value": 7.062866,
        "relative_strength": -10.292454,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 68.10273,
        "energy": 36.837139,
        "activity_lines": [
          3.856,
          3.819636,
          3.793183,
          3.755391
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3.86,
        "volume": 656700,
        "typical_volume": 423775.0,
        "trend": 3.699298,
        "fair_value": 7.040777,
        "relative_strength": -13.174389,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.26228,
        "energy": 31.197062,
        "activity_lines": [
          3.866667,
          3.832727,
          3.801877,
          3.767129
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3.86,
        "volume": 107200,
        "typical_volume": 407885.0,
        "trend": 3.718672,
        "fair_value": 7.018991,
        "relative_strength": -11.717226,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.438284,
        "energy": 34.962809,
        "activity_lines": [
          3.873333,
          3.843636,
          3.8094,
          3.777497
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3.84,
        "volume": 185800,
        "typical_volume": 399545.0,
        "trend": 3.733032,
        "fair_value": 6.997365,
        "relative_strength": -11.069796,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.440058,
        "energy": 37.909751,
        "activity_lines": [
          3.868,
          3.847636,
          3.81429,
          3.785324
        ]
      }
    ],
    "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."
    }
  }
}