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    "name": "SavvyLong Geared Natural Gas ETF",
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    "country": "CA",
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        "date": "2026-07-24",
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        "stage": 4,
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      },
      {
        "date": "2026-07-31",
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        "fair_value": 16.616829,
        "relative_strength": -52.393677,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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        "direction": -79.728579,
        "energy": 85.983316,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
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        "typical_volume": 23552.5,
        "trend": 8.175667,
        "fair_value": 16.47759,
        "relative_strength": -56.506757,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
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    ],
    "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."
    }
  }
}