{
  "ticker": {
    "uuid": "fac331e6-f2dc-4e78-becf-fd1b3f005a87",
    "symbol": "CBSEUA",
    "name": "UBS BBG MSCI Euro Area Liquid Corp Sustainable UCITS ETF EUR acc",
    "exchange": "EBS",
    "country": "CH",
    "assetType": "etf"
  },
  "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": "^SSMI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 54.946,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 89.501,
    "architecture_energy": 70.223,
    "architecture_maturity": 9.971,
    "architecture_confidence": 68.967,
    "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": 18.68,
        "rotation_up": 65.97,
        "upward_expansion": 82.65,
        "deceleration": 61.61,
        "rotation_down": 19.09,
        "downward_expansion": 11.65
      },
      "activity_lines": [
        14.105167,
        14.079245,
        14.008957,
        13.95851
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.5
    },
    "latest_close": 14.2205,
    "trend_reference": 13.928033,
    "distance_from_trend": 0.020998,
    "trend_direction": "Weakening",
    "fair_value": 13.662169,
    "distance_from_fair_value": 0.040867,
    "fair_value_direction": "Improving",
    "relative_strength": -8.591755,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.019537,
    "excess_performance": -0.063346,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.020998,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.000178,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.040867,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.018129,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.085918,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.041038,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.019537,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.5,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2400,
      "relative_activity": 1.739824,
      "balance": 5.5,
      "dry_up": 1.196129,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.004828,
      "annualized_volatility": 0.042076,
      "from_high_reference": -0.060845,
      "from_low_reference": 0.050841
    },
    "levels": {
      "trend_reference": 13.928033,
      "fair_value_reference": 13.662169,
      "structural_low": 13.5325,
      "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": 18,
        "median_return": 0.002401,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.009581,
        "regime_survival": 0.666667,
        "best_return": 0.026063,
        "worst_return": -0.027403,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.001984,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.031371,
        "regime_survival": 0.5,
        "best_return": 0.035487,
        "worst_return": -0.018696,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.009267,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.009617,
        "regime_survival": 0.4,
        "best_return": 0.02098,
        "worst_return": -0.027449,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.006066,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.059325,
        "regime_survival": 0.666667,
        "best_return": 0.064794,
        "worst_return": -7.2e-05,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-02-09",
        "end": "2024-06-14",
        "tenure": "Established",
        "return": 0.030127,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-21",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.022488,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-26",
        "end": "2024-08-02",
        "tenure": "New",
        "return": -0.010862,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-12-13",
        "tenure": "Established",
        "return": 0.021343,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-04-04",
        "tenure": "Established",
        "return": 0.001026,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-11",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.029168,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-20",
        "end": "2025-09-19",
        "tenure": "Established",
        "return": 0.002317,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": 0.076942,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-31",
        "end": "2025-11-14",
        "tenure": "New",
        "return": -0.011084,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2026-02-06",
        "tenure": "Developing",
        "return": -0.007154,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-13",
        "end": "2026-05-22",
        "tenure": "Established",
        "return": -0.009641,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-29",
        "end": "2026-06-19",
        "tenure": "New",
        "return": 0.014759,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-26",
        "end": "2026-07-17",
        "tenure": "New",
        "return": -0.007555,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.012748,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 12.6665,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.873683,
        "fair_value": 14.885516,
        "relative_strength": 0.69313,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.248425,
        "energy": 94.92184,
        "activity_lines": [
          12.6908,
          12.7286,
          12.768681,
          12.804866
        ]
      },
      {
        "date": "2023-08-25",
        "close": 12.648,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.85395,
        "fair_value": 14.862285,
        "relative_strength": -0.491752,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.735884,
        "energy": 95.525513,
        "activity_lines": [
          12.672133,
          12.708236,
          12.753467,
          12.790305
        ]
      },
      {
        "date": "2023-09-01",
        "close": 12.648,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.83075,
        "fair_value": 14.838901,
        "relative_strength": -1.476906,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.88601,
        "energy": 94.688375,
        "activity_lines": [
          12.6613,
          12.691136,
          12.739948,
          12.777018
        ]
      },
      {
        "date": "2023-09-08",
        "close": 12.648,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.815683,
        "fair_value": 14.815272,
        "relative_strength": -0.316806,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.949368,
        "energy": 92.272254,
        "activity_lines": [
          12.653667,
          12.6773,
          12.727655,
          12.765228
        ]
      },
      {
        "date": "2023-09-15",
        "close": 12.648,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.80315,
        "fair_value": 14.791644,
        "relative_strength": -2.442263,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.011012,
        "energy": 90.192976,
        "activity_lines": [
          12.649233,
          12.6669,
          12.716362,
          12.75441
        ]
      },
      {
        "date": "2023-09-22",
        "close": 12.6995,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.794267,
        "fair_value": 14.768346,
        "relative_strength": -0.326565,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.327723,
        "energy": 79.002357,
        "activity_lines": [
          12.665167,
          12.669036,
          12.711119,
          12.747723
        ]
      },
      {
        "date": "2023-09-29",
        "close": 12.6985,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.78715,
        "fair_value": 14.745042,
        "relative_strength": 0.177572,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.251823,
        "energy": 60.404874,
        "activity_lines": [
          12.678567,
          12.672191,
          12.706724,
          12.741544
        ]
      },
      {
        "date": "2023-10-06",
        "close": 12.637,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.780783,
        "fair_value": 14.721215,
        "relative_strength": 0.899111,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.247048,
        "energy": 64.817787,
        "activity_lines": [
          12.6681,
          12.665382,
          12.6973,
          12.731857
        ]
      },
      {
        "date": "2023-10-13",
        "close": 12.5445,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.771533,
        "fair_value": 14.695897,
        "relative_strength": -0.36743,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.94521,
        "energy": 76.240527,
        "activity_lines": [
          12.627533,
          12.642827,
          12.67975,
          12.716613
        ]
      },
      {
        "date": "2023-10-20",
        "close": 12.3865,
        "volume": 0,
        "typical_volume": 9.5,
        "trend": 12.7543,
        "fair_value": 14.669567,
        "relative_strength": 3.590521,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -97.145417,
        "energy": 78.766299,
        "activity_lines": [
          12.5412,
          12.5943,
          12.647967,
          12.691772
        ]
      },
      {
        "date": "2023-10-27",
        "close": 12.521,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 12.741133,
        "fair_value": 14.644728,
        "relative_strength": 4.898924,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.904493,
        "energy": 70.558882,
        "activity_lines": [
          12.517133,
          12.575855,
          12.631119,
          12.67672
        ]
      },
      {
        "date": "2023-11-03",
        "close": 12.7425,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 12.732417,
        "fair_value": 14.621256,
        "relative_strength": 4.103601,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.208452,
        "energy": 51.422936,
        "activity_lines": [
          12.5788,
          12.600327,
          12.636695,
          12.676809
        ]
      },
      {
        "date": "2023-11-10",
        "close": 12.806,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 12.7291,
        "fair_value": 14.597295,
        "relative_strength": 4.738004,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": -8.220331,
        "energy": 14.729956,
        "activity_lines": [
          12.6587,
          12.634627,
          12.648724,
          12.681556
        ]
      },
      {
        "date": "2023-11-17",
        "close": 12.9165,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 12.73105,
        "fair_value": 14.57349,
        "relative_strength": 3.76714,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 50.022146,
        "energy": 52.20666,
        "activity_lines": [
          12.764167,
          12.686145,
          12.671379,
          12.693646
        ]
      },
      {
        "date": "2023-11-24",
        "close": 12.9165,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 12.731983,
        "fair_value": 14.548596,
        "relative_strength": 2.360707,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 50.026044,
        "energy": 62.217308,
        "activity_lines": [
          12.844833,
          12.732782,
          12.693655,
          12.705611
        ]
      },
      {
        "date": "2023-12-01",
        "close": 12.9695,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 12.734383,
        "fair_value": 14.524042,
        "relative_strength": 2.657803,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 50.361006,
        "energy": 81.647119,
        "activity_lines": [
          12.907833,
          12.784173,
          12.720531,
          12.720934
        ]
      },
      {
        "date": "2023-12-08",
        "close": 13.0075,
        "volume": 313,
        "typical_volume": 15.65,
        "trend": 12.738883,
        "fair_value": 14.499846,
        "relative_strength": 1.249879,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 58.573112,
        "energy": 85.262282,
        "activity_lines": [
          12.9536,
          12.837564,
          12.750055,
          12.738555
        ]
      },
      {
        "date": "2023-12-15",
        "close": 13.122,
        "volume": 0,
        "typical_volume": 15.65,
        "trend": 12.750267,
        "fair_value": 14.476385,
        "relative_strength": 1.095007,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 92.420298,
        "energy": 96.919427,
        "activity_lines": [
          13.019867,
          12.906155,
          12.789331,
          12.763272
        ]
      },
      {
        "date": "2023-12-22",
        "close": 13.1315,
        "volume": 0,
        "typical_volume": 15.65,
        "trend": 12.764133,
        "fair_value": 14.453266,
        "relative_strength": 1.534592,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.68711,
        "energy": 94.828036,
        "activity_lines": [
          13.068233,
          12.967655,
          12.827483,
          12.787868
        ]
      },
      {
        "date": "2023-12-29",
        "close": 13.0605,
        "volume": 0,
        "typical_volume": 15.65,
        "trend": 12.771717,
        "fair_value": 14.429423,
        "relative_strength": 1.156603,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.312318,
        "energy": 84.846227,
        "activity_lines": [
          13.0786,
          13.005573,
          12.8568,
          12.806988
        ]
      },
      {
        "date": "2024-01-05",
        "close": 12.893,
        "volume": 0,
        "typical_volume": 15.65,
        "trend": 12.774817,
        "fair_value": 14.404506,
        "relative_strength": -0.567157,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.673571,
        "energy": 64.723704,
        "activity_lines": [
          13.023533,
          13.000782,
          12.868429,
          12.814813
        ]
      },
      {
        "date": "2024-01-12",
        "close": 12.918,
        "volume": 0,
        "typical_volume": 15.65,
        "trend": 12.777833,
        "fair_value": 14.379865,
        "relative_strength": -0.707804,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.614694,
        "energy": 49.760299,
        "activity_lines": [
          12.9819,
          12.993773,
          12.88136,
          12.824051
        ]
      },
      {
        "date": "2024-01-19",
        "close": 13.0045,
        "volume": 0,
        "typical_volume": 15.65,
        "trend": 12.783733,
        "fair_value": 14.355894,
        "relative_strength": 0.646303,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.456729,
        "energy": 39.448707,
        "activity_lines": [
          12.975067,
          12.9993,
          12.901243,
          12.838674
        ]
      },
      {
        "date": "2024-01-26",
        "close": 13.022,
        "volume": 513,
        "typical_volume": 41.3,
        "trend": 12.7899,
        "fair_value": 14.332099,
        "relative_strength": -1.297302,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.433867,
        "energy": 36.413508,
        "activity_lines": [
          12.9819,
          13.0044,
          12.921095,
          12.854046
        ]
      },
      {
        "date": "2024-02-02",
        "close": 13.0195,
        "volume": 0,
        "typical_volume": 41.3,
        "trend": 12.796467,
        "fair_value": 14.308288,
        "relative_strength": 0.033582,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 55.297919,
        "energy": 54.793348,
        "activity_lines": [
          12.9952,
          13.007127,
          12.938929,
          12.868859
        ]
      },
      {
        "date": "2024-02-09",
        "close": 13.0115,
        "volume": 0,
        "typical_volume": 41.3,
        "trend": 12.804667,
        "fair_value": 14.284426,
        "relative_strength": 1.31347,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.444434,
        "energy": 68.082814,
        "activity_lines": [
          13.008567,
          13.006527,
          12.954231,
          12.882732
        ]
      },
      {
        "date": "2024-02-16",
        "close": 13.103,
        "volume": 0,
        "typical_volume": 41.3,
        "trend": 12.815917,
        "fair_value": 14.261151,
        "relative_strength": 0.047823,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.56098,
        "energy": 87.930251,
        "activity_lines": [
          13.044533,
          13.0218,
          12.976762,
          12.90198
        ]
      },
      {
        "date": "2024-02-23",
        "close": 13.2195,
        "volume": 0,
        "typical_volume": 41.3,
        "trend": 12.833367,
        "fair_value": 14.237814,
        "relative_strength": -0.680933,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.996009,
        "energy": 94.382657,
        "activity_lines": [
          13.107,
          13.056518,
          13.008462,
          12.928017
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.2575,
        "volume": 0,
        "typical_volume": 41.3,
        "trend": 12.852083,
        "fair_value": 14.21358,
        "relative_strength": -0.370095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.308528,
        "energy": 95.90554,
        "activity_lines": [
          13.1678,
          13.096373,
          13.041007,
          12.955381
        ]
      },
      {
        "date": "2024-03-08",
        "close": 13.4045,
        "volume": 225,
        "typical_volume": 52.55,
        "trend": 12.8757,
        "fair_value": 14.190327,
        "relative_strength": -0.523272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.159125,
        "energy": 98.672025,
        "activity_lines": [
          13.2619,
          13.160664,
          13.084157,
          12.99102
        ]
      },
      {
        "date": "2024-03-15",
        "close": 13.4445,
        "volume": 225,
        "typical_volume": 63.8,
        "trend": 12.901633,
        "fair_value": 14.167343,
        "relative_strength": -0.380382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.862946,
        "energy": 98.146575,
        "activity_lines": [
          13.343667,
          13.225973,
          13.126269,
          13.027717
        ]
      },
      {
        "date": "2024-03-22",
        "close": 13.5975,
        "volume": 0,
        "typical_volume": 63.8,
        "trend": 12.933283,
        "fair_value": 14.145545,
        "relative_strength": 1.040114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.271904,
        "energy": 98.99039,
        "activity_lines": [
          13.447567,
          13.309073,
          13.178555,
          13.072612
        ]
      },
      {
        "date": "2024-03-29",
        "close": 13.7135,
        "volume": 0,
        "typical_volume": 63.8,
        "trend": 12.9688,
        "fair_value": 14.12449,
        "relative_strength": 1.210396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.292505,
        "energy": 99.025777,
        "activity_lines": [
          13.557167,
          13.400909,
          13.237817,
          13.122948
        ]
      },
      {
        "date": "2024-04-05",
        "close": 13.6955,
        "volume": 0,
        "typical_volume": 63.8,
        "trend": 13.003717,
        "fair_value": 14.103321,
        "relative_strength": 3.083337,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.366045,
        "energy": 95.915667,
        "activity_lines": [
          13.627833,
          13.476582,
          13.291043,
          13.169832
        ]
      },
      {
        "date": "2024-04-12",
        "close": 13.6235,
        "volume": 0,
        "typical_volume": 63.8,
        "trend": 13.036233,
        "fair_value": 14.081817,
        "relative_strength": 3.486248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.65143,
        "energy": 87.681452,
        "activity_lines": [
          13.6453,
          13.526918,
          13.333702,
          13.209818
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.5025,
        "volume": 0,
        "typical_volume": 63.8,
        "trend": 13.063,
        "fair_value": 14.059538,
        "relative_strength": 3.196507,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.222253,
        "energy": 68.307747,
        "activity_lines": [
          13.607833,
          13.544273,
          13.361471,
          13.2399
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.61,
        "volume": 37336,
        "typical_volume": 1914.95,
        "trend": 13.093383,
        "fair_value": 14.038128,
        "relative_strength": 3.453639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.577055,
        "energy": 67.470428,
        "activity_lines": [
          13.602333,
          13.572245,
          13.39694,
          13.27519
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.625,
        "volume": 21517,
        "typical_volume": 2990.8,
        "trend": 13.126317,
        "fair_value": 14.016955,
        "relative_strength": 4.063921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.275556,
        "energy": 65.658087,
        "activity_lines": [
          13.601,
          13.593727,
          13.430969,
          13.309488
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.665,
        "volume": 695,
        "typical_volume": 3025.55,
        "trend": 13.163667,
        "fair_value": 13.996615,
        "relative_strength": 0.018485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.459345,
        "energy": 65.709443,
        "activity_lines": [
          13.6189,
          13.615109,
          13.466412,
          13.344242
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.808,
        "volume": 20000,
        "typical_volume": 4025.55,
        "trend": 13.21105,
        "fair_value": 13.977449,
        "relative_strength": -1.390984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.487238,
        "energy": 73.410149,
        "activity_lines": [
          13.6865,
          13.655082,
          13.512933,
          13.385812
        ]
      },
      {
        "date": "2024-05-24",
        "close": 13.857,
        "volume": 299,
        "typical_volume": 4040.5,
        "trend": 13.255583,
        "fair_value": 13.958596,
        "relative_strength": -0.240824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.465255,
        "energy": 74.814126,
        "activity_lines": [
          13.758133,
          13.696627,
          13.560562,
          13.427486
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.6695,
        "volume": 25000,
        "typical_volume": 5290.5,
        "trend": 13.286483,
        "fair_value": 13.938542,
        "relative_strength": -2.186246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.399879,
        "energy": 66.409185,
        "activity_lines": [
          13.743633,
          13.696582,
          13.585743,
          13.45419
        ]
      },
      {
        "date": "2024-06-07",
        "close": 13.537,
        "volume": 695,
        "typical_volume": 5325.25,
        "trend": 13.31085,
        "fair_value": 13.917638,
        "relative_strength": -5.090019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.973118,
        "energy": 59.629017,
        "activity_lines": [
          13.681,
          13.671136,
          13.594726,
          13.470353
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13.4035,
        "volume": 63035,
        "typical_volume": 8451.35,
        "trend": 13.327083,
        "fair_value": 13.895878,
        "relative_strength": -4.364492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.528868,
        "energy": 22.427403,
        "activity_lines": [
          13.579733,
          13.624627,
          13.58846,
          13.47633
        ]
      },
      {
        "date": "2024-06-21",
        "close": 13.407,
        "volume": 13195,
        "typical_volume": 9111.1,
        "trend": 13.343433,
        "fair_value": 13.874141,
        "relative_strength": -4.043963,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.102819,
        "energy": 27.387326,
        "activity_lines": [
          13.497067,
          13.584064,
          13.58071,
          13.481486
        ]
      },
      {
        "date": "2024-06-28",
        "close": 13.495,
        "volume": 51390,
        "typical_volume": 11680.6,
        "trend": 13.36095,
        "fair_value": 13.852891,
        "relative_strength": -3.240261,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.043763,
        "energy": 30.346657,
        "activity_lines": [
          13.470467,
          13.563436,
          13.579495,
          13.491265
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13.6955,
        "volume": 4865,
        "typical_volume": 11923.85,
        "trend": 13.383883,
        "fair_value": 13.832862,
        "relative_strength": -1.841038,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.815069,
        "energy": 28.726606,
        "activity_lines": [
          13.534833,
          13.5794,
          13.595074,
          13.512848
        ]
      },
      {
        "date": "2024-07-12",
        "close": 13.789,
        "volume": 12775,
        "typical_volume": 12562.6,
        "trend": 13.406117,
        "fair_value": 13.813433,
        "relative_strength": -3.986769,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.427715,
        "energy": 36.481036,
        "activity_lines": [
          13.628633,
          13.610809,
          13.616736,
          13.538985
        ]
      },
      {
        "date": "2024-07-19",
        "close": 13.7085,
        "volume": 275,
        "typical_volume": 12576.35,
        "trend": 13.42535,
        "fair_value": 13.793487,
        "relative_strength": -3.023096,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 51.396839,
        "energy": 49.759222,
        "activity_lines": [
          13.6788,
          13.6246,
          13.628019,
          13.558494
        ]
      },
      {
        "date": "2024-07-26",
        "close": 13.6255,
        "volume": 10425,
        "typical_volume": 13086.35,
        "trend": 13.444183,
        "fair_value": 13.77301,
        "relative_strength": -4.132238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.226764,
        "energy": 43.923448,
        "activity_lines": [
          13.680967,
          13.622509,
          13.62925,
          13.571406
        ]
      },
      {
        "date": "2024-08-02",
        "close": 13.4775,
        "volume": 2085,
        "typical_volume": 13179.35,
        "trend": 13.463667,
        "fair_value": 13.751583,
        "relative_strength": -2.23662,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 20.188369,
        "energy": 20.45917,
        "activity_lines": [
          13.619233,
          13.596827,
          13.615333,
          13.573556
        ]
      },
      {
        "date": "2024-08-09",
        "close": 13.494,
        "volume": 93825,
        "typical_volume": 17870.6,
        "trend": 13.482867,
        "fair_value": 13.729417,
        "relative_strength": -2.02407,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.77616,
        "energy": 7.62655,
        "activity_lines": [
          13.564167,
          13.581045,
          13.602831,
          13.575513
        ]
      },
      {
        "date": "2024-08-16",
        "close": 13.677,
        "volume": 25020,
        "typical_volume": 19121.6,
        "trend": 13.505283,
        "fair_value": 13.709385,
        "relative_strength": -3.250769,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.058419,
        "energy": 16.665723,
        "activity_lines": [
          13.583533,
          13.601727,
          13.60825,
          13.588038
        ]
      },
      {
        "date": "2024-08-23",
        "close": 13.611,
        "volume": 10425,
        "typical_volume": 19642.85,
        "trend": 13.524917,
        "fair_value": 13.689045,
        "relative_strength": -4.873343,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.850521,
        "energy": 15.704811,
        "activity_lines": [
          13.588367,
          13.607864,
          13.607557,
          13.594858
        ]
      },
      {
        "date": "2024-08-30",
        "close": 13.479,
        "volume": 7645,
        "typical_volume": 20025.1,
        "trend": 13.540233,
        "fair_value": 13.667795,
        "relative_strength": -6.380602,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.404663,
        "energy": 6.604984,
        "activity_lines": [
          13.5557,
          13.586227,
          13.594695,
          13.591896
        ]
      },
      {
        "date": "2024-09-06",
        "close": 13.491,
        "volume": 9344,
        "typical_volume": 20492.3,
        "trend": 13.556217,
        "fair_value": 13.646468,
        "relative_strength": -2.103543,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.298254,
        "energy": 19.126455,
        "activity_lines": [
          13.5368,
          13.565464,
          13.583664,
          13.588719
        ]
      },
      {
        "date": "2024-09-13",
        "close": 13.568,
        "volume": 78165,
        "typical_volume": 22533.75,
        "trend": 13.571717,
        "fair_value": 13.625494,
        "relative_strength": -2.596436,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.584625,
        "energy": 22.187511,
        "activity_lines": [
          13.542667,
          13.558773,
          13.580021,
          13.58948
        ]
      },
      {
        "date": "2024-09-20",
        "close": 13.6935,
        "volume": 18222,
        "typical_volume": 22369.0,
        "trend": 13.587517,
        "fair_value": 13.605901,
        "relative_strength": -0.836208,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.636348,
        "energy": 9.060691,
        "activity_lines": [
          13.585433,
          13.577218,
          13.588531,
          13.597337
        ]
      },
      {
        "date": "2024-09-27",
        "close": 13.656,
        "volume": 6700,
        "typical_volume": 22669.25,
        "trend": 13.6008,
        "fair_value": 13.586529,
        "relative_strength": -3.465191,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.041926,
        "energy": 9.313066,
        "activity_lines": [
          13.6146,
          13.590582,
          13.593143,
          13.601755
        ]
      },
      {
        "date": "2024-10-04",
        "close": 13.6625,
        "volume": 3475,
        "typical_volume": 21843.0,
        "trend": 13.6094,
        "fair_value": 13.568224,
        "relative_strength": -1.467031,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.106833,
        "energy": 17.826127,
        "activity_lines": [
          13.642933,
          13.606082,
          13.598417,
          13.605735
        ]
      },
      {
        "date": "2024-10-11",
        "close": 13.6075,
        "volume": 3475,
        "typical_volume": 22001.8,
        "trend": 13.614833,
        "fair_value": 13.550029,
        "relative_strength": -3.081739,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.071604,
        "energy": 17.374411,
        "activity_lines": [
          13.6407,
          13.610909,
          13.599145,
          13.605613
        ]
      },
      {
        "date": "2024-10-18",
        "close": 13.704,
        "volume": 9,
        "typical_volume": 20752.25,
        "trend": 13.618383,
        "fair_value": 13.533016,
        "relative_strength": -3.62417,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 22.986079,
        "energy": 32.471382,
        "activity_lines": [
          13.662867,
          13.630918,
          13.610252,
          13.611366
        ]
      },
      {
        "date": "2024-10-25",
        "close": 13.648,
        "volume": 1763,
        "typical_volume": 20805.65,
        "trend": 13.6162,
        "fair_value": 13.516452,
        "relative_strength": -2.743107,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 22.813564,
        "energy": 27.038796,
        "activity_lines": [
          13.6573,
          13.636927,
          13.615862,
          13.613276
        ]
      },
      {
        "date": "2024-11-01",
        "close": 13.641,
        "volume": 862,
        "typical_volume": 17697.0,
        "trend": 13.614383,
        "fair_value": 13.499817,
        "relative_strength": -0.925161,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.227293,
        "energy": 24.772499,
        "activity_lines": [
          13.652433,
          13.642191,
          13.620276,
          13.614876
        ]
      },
      {
        "date": "2024-11-08",
        "close": 13.654,
        "volume": 1474,
        "typical_volume": 17110.95,
        "trend": 13.6154,
        "fair_value": 13.483112,
        "relative_strength": 0.687925,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.757366,
        "energy": 28.231568,
        "activity_lines": [
          13.6529,
          13.649273,
          13.624798,
          13.617432
        ]
      },
      {
        "date": "2024-11-15",
        "close": 13.672,
        "volume": 15006,
        "typical_volume": 15291.75,
        "trend": 13.62105,
        "fair_value": 13.467202,
        "relative_strength": 2.347013,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.401946,
        "energy": 26.176655,
        "activity_lines": [
          13.659933,
          13.656445,
          13.629857,
          13.621084
        ]
      },
      {
        "date": "2024-11-22",
        "close": 13.532,
        "volume": 9730,
        "typical_volume": 15535.0,
        "trend": 13.61845,
        "fair_value": 13.45133,
        "relative_strength": 0.579874,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.852258,
        "energy": 9.640151,
        "activity_lines": [
          13.616,
          13.634873,
          13.62074,
          13.615339
        ]
      },
      {
        "date": "2024-11-29",
        "close": 13.695,
        "volume": 4865,
        "typical_volume": 15139.5,
        "trend": 13.620783,
        "fair_value": 13.436721,
        "relative_strength": 1.424742,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 17.556191,
        "energy": 8.229799,
        "activity_lines": [
          13.637867,
          13.643591,
          13.627926,
          13.620277
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.712,
        "volume": 5560,
        "typical_volume": 15403.75,
        "trend": 13.62235,
        "fair_value": 13.421798,
        "relative_strength": 1.427351,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 57.81,
        "energy": 26.501942,
        "activity_lines": [
          13.662267,
          13.655373,
          13.637179,
          13.626162
        ]
      },
      {
        "date": "2024-12-13",
        "close": 13.782,
        "volume": 2172,
        "typical_volume": 14991.1,
        "trend": 13.621483,
        "fair_value": 13.407324,
        "relative_strength": 2.686344,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 70.386658,
        "energy": 50.390274,
        "activity_lines": [
          13.705267,
          13.678864,
          13.653081,
          13.636462
        ]
      },
      {
        "date": "2024-12-20",
        "close": 13.645,
        "volume": 1390,
        "typical_volume": 14956.35,
        "trend": 13.614417,
        "fair_value": 13.391971,
        "relative_strength": 4.392506,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.59755,
        "energy": 49.716982,
        "activity_lines": [
          13.694067,
          13.675273,
          13.65519,
          13.63798
        ]
      },
      {
        "date": "2024-12-27",
        "close": 13.7305,
        "volume": 695,
        "typical_volume": 10299.85,
        "trend": 13.61645,
        "fair_value": 13.377987,
        "relative_strength": 3.172805,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.511235,
        "energy": 53.453669,
        "activity_lines": [
          13.713167,
          13.686545,
          13.664645,
          13.645469
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13.674,
        "volume": 2085,
        "typical_volume": 9153.1,
        "trend": 13.621017,
        "fair_value": 13.363923,
        "relative_strength": 2.400991,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.357731,
        "energy": 36.510119,
        "activity_lines": [
          13.7002,
          13.687064,
          13.667593,
          13.649182
        ]
      },
      {
        "date": "2025-01-10",
        "close": 13.659,
        "volume": 2085,
        "typical_volume": 8736.1,
        "trend": 13.629533,
        "fair_value": 13.349763,
        "relative_strength": 0.819375,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.669772,
        "energy": 16.489563,
        "activity_lines": [
          13.683633,
          13.684382,
          13.669126,
          13.651632
        ]
      },
      {
        "date": "2025-01-17",
        "close": 13.738,
        "volume": 4865,
        "typical_volume": 8597.1,
        "trend": 13.640567,
        "fair_value": 13.336801,
        "relative_strength": -0.24081,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.515434,
        "energy": 27.963131,
        "activity_lines": [
          13.696933,
          13.695736,
          13.677955,
          13.65863
        ]
      },
      {
        "date": "2025-01-24",
        "close": 13.866,
        "volume": 4865,
        "typical_volume": 8373.15,
        "trend": 13.652933,
        "fair_value": 13.324917,
        "relative_strength": -1.720867,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.361842,
        "energy": 48.329607,
        "activity_lines": [
          13.755833,
          13.728836,
          13.69774,
          13.673174
        ]
      },
      {
        "date": "2025-01-31",
        "close": 13.907,
        "volume": 5597,
        "typical_volume": 4744.75,
        "trend": 13.659983,
        "fair_value": 13.313692,
        "relative_strength": -3.766844,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.63611,
        "energy": 72.565426,
        "activity_lines": [
          13.813667,
          13.765864,
          13.719645,
          13.689566
        ]
      },
      {
        "date": "2025-02-07",
        "close": 13.8895,
        "volume": 12095,
        "typical_volume": 4438.4,
        "trend": 13.663333,
        "fair_value": 13.30333,
        "relative_strength": -3.746094,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.071573,
        "energy": 77.544638,
        "activity_lines": [
          13.8539,
          13.792891,
          13.738269,
          13.704373
        ]
      },
      {
        "date": "2025-02-14",
        "close": 13.952,
        "volume": 4200,
        "typical_volume": 4313.4,
        "trend": 13.67145,
        "fair_value": 13.294138,
        "relative_strength": -5.0549,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.471152,
        "energy": 84.319004,
        "activity_lines": [
          13.9006,
          13.827745,
          13.761912,
          13.722997
        ]
      },
      {
        "date": "2025-02-21",
        "close": 13.876,
        "volume": 2145,
        "typical_volume": 4246.9,
        "trend": 13.6798,
        "fair_value": 13.286176,
        "relative_strength": -6.241764,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.891943,
        "energy": 79.431391,
        "activity_lines": [
          13.902433,
          13.844418,
          13.776907,
          13.736194
        ]
      },
      {
        "date": "2025-02-28",
        "close": 13.8765,
        "volume": 0,
        "typical_volume": 4073.15,
        "trend": 13.6931,
        "fair_value": 13.280154,
        "relative_strength": -6.5054,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.88769,
        "energy": 74.157696,
        "activity_lines": [
          13.895233,
          13.859473,
          13.790933,
          13.748884
        ]
      },
      {
        "date": "2025-03-07",
        "close": 13.9625,
        "volume": 2780,
        "typical_volume": 4211.7,
        "trend": 13.708717,
        "fair_value": 13.274798,
        "relative_strength": -6.314119,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.049733,
        "energy": 68.976646,
        "activity_lines": [
          13.916,
          13.885955,
          13.811869,
          13.766265
        ]
      },
      {
        "date": "2025-03-14",
        "close": 13.9765,
        "volume": 5560,
        "typical_volume": 4401.55,
        "trend": 13.7187,
        "fair_value": 13.268801,
        "relative_strength": -4.948151,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.981647,
        "energy": 56.508332,
        "activity_lines": [
          13.937733,
          13.910764,
          13.832907,
          13.783541
        ]
      },
      {
        "date": "2025-03-21",
        "close": 13.974,
        "volume": 2085,
        "typical_volume": 4462.7,
        "trend": 13.7308,
        "fair_value": 13.264071,
        "relative_strength": -5.961754,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.908251,
        "energy": 57.648274,
        "activity_lines": [
          13.952833,
          13.929618,
          13.852143,
          13.800012
        ]
      },
      {
        "date": "2025-03-28",
        "close": 13.96,
        "volume": 0,
        "typical_volume": 4389.0,
        "trend": 13.746833,
        "fair_value": 13.258891,
        "relative_strength": -4.20416,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.36926,
        "energy": 56.919294,
        "activity_lines": [
          13.9618,
          13.9402,
          13.86846,
          13.814799
        ]
      },
      {
        "date": "2025-04-04",
        "close": 13.659,
        "volume": 18287,
        "typical_volume": 4553.05,
        "trend": 13.752433,
        "fair_value": 13.253308,
        "relative_strength": 3.351229,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 13.670319,
        "energy": 14.787903,
        "activity_lines": [
          13.864833,
          13.892018,
          13.854652,
          13.809132
        ]
      },
      {
        "date": "2025-04-11",
        "close": 13.5935,
        "volume": 16952,
        "typical_volume": 4914.15,
        "trend": 13.753283,
        "fair_value": 13.248279,
        "relative_strength": 6.57631,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.410166,
        "energy": 22.190448,
        "activity_lines": [
          13.760533,
          13.835691,
          13.834669,
          13.798878
        ]
      },
      {
        "date": "2025-04-18",
        "close": 13.689,
        "volume": 16887,
        "typical_volume": 5515.25,
        "trend": 13.753133,
        "fair_value": 13.242965,
        "relative_strength": 3.486548,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -23.265652,
        "energy": 36.562896,
        "activity_lines": [
          13.712667,
          13.802427,
          13.823488,
          13.794731
        ]
      },
      {
        "date": "2025-04-25",
        "close": 13.9535,
        "volume": 4865,
        "typical_volume": 5480.5,
        "trend": 13.76305,
        "fair_value": 13.240654,
        "relative_strength": 3.057869,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.853712,
        "energy": 30.338698,
        "activity_lines": [
          13.772133,
          13.8209,
          13.837526,
          13.807658
        ]
      },
      {
        "date": "2025-05-02",
        "close": 13.837,
        "volume": 2780,
        "typical_volume": 5510.9,
        "trend": 13.768867,
        "fair_value": 13.237686,
        "relative_strength": -0.268122,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.288207,
        "energy": 14.940714,
        "activity_lines": [
          13.794133,
          13.818164,
          13.839319,
          13.812429
        ]
      },
      {
        "date": "2025-05-09",
        "close": 13.8035,
        "volume": 4322,
        "typical_volume": 5657.5,
        "trend": 13.7754,
        "fair_value": 13.234131,
        "relative_strength": 0.895986,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.004949,
        "energy": 11.968918,
        "activity_lines": [
          13.813167,
          13.810045,
          13.83766,
          13.814663
        ]
      },
      {
        "date": "2025-05-16",
        "close": 13.8465,
        "volume": 4865,
        "typical_volume": 5866.0,
        "trend": 13.78015,
        "fair_value": 13.231609,
        "relative_strength": -0.781362,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.881095,
        "energy": 22.350495,
        "activity_lines": [
          13.8369,
          13.811073,
          13.83934,
          13.819251
        ]
      },
      {
        "date": "2025-05-23",
        "close": 13.821,
        "volume": 0,
        "typical_volume": 5761.75,
        "trend": 13.785917,
        "fair_value": 13.228987,
        "relative_strength": 0.191597,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.825027,
        "energy": 15.714267,
        "activity_lines": [
          13.835267,
          13.809573,
          13.83804,
          13.821886
        ]
      },
      {
        "date": "2025-05-30",
        "close": 13.889,
        "volume": 7261,
        "typical_volume": 6020.55,
        "trend": 13.794183,
        "fair_value": 13.227532,
        "relative_strength": 0.456102,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 39.250132,
        "energy": 19.786679,
        "activity_lines": [
          13.8475,
          13.823264,
          13.842517,
          13.828537
        ]
      },
      {
        "date": "2025-06-06",
        "close": 13.9575,
        "volume": 2085,
        "typical_volume": 5881.55,
        "trend": 13.8043,
        "fair_value": 13.228054,
        "relative_strength": -0.224729,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 49.69896,
        "energy": 36.023987,
        "activity_lines": [
          13.886867,
          13.850955,
          13.852421,
          13.839073
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13.99,
        "volume": 695,
        "typical_volume": 5673.05,
        "trend": 13.8149,
        "fair_value": 13.23276,
        "relative_strength": 1.752814,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.643667,
        "energy": 54.053563,
        "activity_lines": [
          13.929033,
          13.8846,
          13.864376,
          13.851054
        ]
      },
      {
        "date": "2025-06-20",
        "close": 14.0275,
        "volume": 1390,
        "typical_volume": 5462.7,
        "trend": 13.831417,
        "fair_value": 13.237705,
        "relative_strength": 4.270243,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.449772,
        "energy": 66.773391,
        "activity_lines": [
          13.971267,
          13.919045,
          13.879312,
          13.86477
        ]
      },
      {
        "date": "2025-06-27",
        "close": 13.975,
        "volume": 0,
        "typical_volume": 4857.95,
        "trend": 13.84075,
        "fair_value": 13.242417,
        "relative_strength": 2.862216,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.996377,
        "energy": 63.724602,
        "activity_lines": [
          13.983933,
          13.936055,
          13.888674,
          13.874033
        ]
      },
      {
        "date": "2025-07-04",
        "close": 14.0225,
        "volume": 2086,
        "typical_volume": 4752.25,
        "trend": 13.8511,
        "fair_value": 13.247433,
        "relative_strength": 3.227106,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.619436,
        "energy": 68.937011,
        "activity_lines": [
          14.002167,
          13.9565,
          13.902152,
          13.885759
        ]
      },
      {
        "date": "2025-07-11",
        "close": 13.9245,
        "volume": 695,
        "typical_volume": 4679.75,
        "trend": 13.85585,
        "fair_value": 13.251474,
        "relative_strength": 2.716805,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.754419,
        "energy": 50.92019,
        "activity_lines": [
          13.978833,
          13.957873,
          13.905962,
          13.890495
        ]
      },
      {
        "date": "2025-07-18",
        "close": 13.9575,
        "volume": 0,
        "typical_volume": 4679.75,
        "trend": 13.866267,
        "fair_value": 13.254843,
        "relative_strength": 2.502223,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.481371,
        "energy": 33.566529,
        "activity_lines": [
          13.9687,
          13.963655,
          13.912683,
          13.897053
        ]
      },
      {
        "date": "2025-07-25",
        "close": 13.9945,
        "volume": 4170,
        "typical_volume": 4749.25,
        "trend": 13.875067,
        "fair_value": 13.258321,
        "relative_strength": 2.907507,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.758539,
        "energy": 33.99076,
        "activity_lines": [
          13.973067,
          13.973364,
          13.922543,
          13.905326
        ]
      },
      {
        "date": "2025-08-01",
        "close": 13.9425,
        "volume": 6920,
        "typical_volume": 4817.25,
        "trend": 13.884017,
        "fair_value": 13.260926,
        "relative_strength": 3.486883,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.537012,
        "energy": 24.034877,
        "activity_lines": [
          13.9623,
          13.970927,
          13.927298,
          13.909676
        ]
      },
      {
        "date": "2025-08-08",
        "close": 14.12,
        "volume": 695,
        "typical_volume": 4747.75,
        "trend": 13.899383,
        "fair_value": 13.265311,
        "relative_strength": 4.438983,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.269964,
        "energy": 60.381112,
        "activity_lines": [
          14.012867,
          13.998555,
          13.949119,
          13.924901
        ]
      },
      {
        "date": "2025-08-15",
        "close": 14.1295,
        "volume": 5500,
        "typical_volume": 5022.75,
        "trend": 13.912433,
        "fair_value": 13.272013,
        "relative_strength": 2.630066,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.561406,
        "energy": 80.131376,
        "activity_lines": [
          14.0601,
          14.023709,
          13.97115,
          13.939747
        ]
      },
      {
        "date": "2025-08-22",
        "close": 14.0715,
        "volume": 1405,
        "typical_volume": 4178.65,
        "trend": 13.919283,
        "fair_value": 13.279394,
        "relative_strength": 0.544831,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.945238,
        "energy": 73.942894,
        "activity_lines": [
          14.074333,
          14.035191,
          13.98685,
          13.95001
        ]
      },
      {
        "date": "2025-08-29",
        "close": 14.031,
        "volume": 0,
        "typical_volume": 3331.05,
        "trend": 13.923417,
        "fair_value": 13.286298,
        "relative_strength": 0.776536,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.172657,
        "energy": 73.669402,
        "activity_lines": [
          14.067467,
          14.037827,
          13.996729,
          13.957217
        ]
      },
      {
        "date": "2025-09-05",
        "close": 14.099,
        "volume": 705,
        "typical_volume": 2521.95,
        "trend": 13.9304,
        "fair_value": 13.295061,
        "relative_strength": -0.244442,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.494938,
        "energy": 67.908446,
        "activity_lines": [
          14.080833,
          14.052764,
          14.011,
          13.968545
        ]
      },
      {
        "date": "2025-09-12",
        "close": 14.072,
        "volume": 1200,
        "typical_volume": 2338.7,
        "trend": 13.9344,
        "fair_value": 13.304561,
        "relative_strength": 0.961741,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.095353,
        "energy": 45.350637,
        "activity_lines": [
          14.074767,
          14.060536,
          14.020748,
          13.977681
        ]
      },
      {
        "date": "2025-09-19",
        "close": 14.06,
        "volume": 0,
        "typical_volume": 2199.7,
        "trend": 13.940533,
        "fair_value": 13.316176,
        "relative_strength": 1.553684,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.881762,
        "energy": 40.027567,
        "activity_lines": [
          14.0679,
          14.065227,
          14.028788,
          13.985784
        ]
      },
      {
        "date": "2025-09-26",
        "close": 14.06,
        "volume": 5400,
        "typical_volume": 2253.6,
        "trend": 13.94665,
        "fair_value": 13.328253,
        "relative_strength": 2.97688,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.182998,
        "energy": 35.988445,
        "activity_lines": [
          14.065667,
          14.067455,
          14.035767,
          13.993491
        ]
      },
      {
        "date": "2025-10-03",
        "close": 14.1,
        "volume": 2010,
        "typical_volume": 2110.85,
        "trend": 13.951233,
        "fair_value": 13.339676,
        "relative_strength": -1.478436,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.037713,
        "energy": 42.579569,
        "activity_lines": [
          14.077533,
          14.075091,
          14.045333,
          14.003385
        ]
      },
      {
        "date": "2025-10-10",
        "close": 14.0685,
        "volume": 2745,
        "typical_volume": 2248.1,
        "trend": 13.9543,
        "fair_value": 13.351731,
        "relative_strength": -1.508211,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.383946,
        "energy": 34.12494,
        "activity_lines": [
          14.0743,
          14.075082,
          14.050693,
          14.010951
        ]
      },
      {
        "date": "2025-10-17",
        "close": 14.0205,
        "volume": 3000,
        "typical_volume": 2035.05,
        "trend": 13.95585,
        "fair_value": 13.362901,
        "relative_strength": -3.105469,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.599514,
        "energy": 24.370782,
        "activity_lines": [
          14.0571,
          14.064055,
          14.050302,
          14.015222
        ]
      },
      {
        "date": "2025-10-24",
        "close": 15.1418,
        "volume": 0,
        "typical_volume": 1930.8,
        "trend": 13.995243,
        "fair_value": 13.378938,
        "relative_strength": 5.129623,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 93.125607,
        "energy": 95.29723,
        "activity_lines": [
          14.4171,
          14.258709,
          14.156076,
          14.091734
        ]
      },
      {
        "date": "2025-10-31",
        "close": 14.074,
        "volume": 2628,
        "typical_volume": 2027.45,
        "trend": 14.009077,
        "fair_value": 13.388592,
        "relative_strength": 0.363287,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.933486,
        "energy": 46.641309,
        "activity_lines": [
          14.349047,
          14.240813,
          14.154515,
          14.096815
        ]
      },
      {
        "date": "2025-11-07",
        "close": 14.088,
        "volume": 2000,
        "typical_volume": 2057.95,
        "trend": 14.02556,
        "fair_value": 13.397502,
        "relative_strength": -0.038625,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.56776,
        "energy": 42.402969,
        "activity_lines": [
          14.284727,
          14.225416,
          14.153888,
          14.101907
        ]
      },
      {
        "date": "2025-11-14",
        "close": 13.918,
        "volume": 9106,
        "typical_volume": 2513.25,
        "trend": 14.033193,
        "fair_value": 13.404989,
        "relative_strength": -3.750823,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 17.4994,
        "energy": 21.506097,
        "activity_lines": [
          14.16454,
          14.178075,
          14.136781,
          14.094968
        ]
      },
      {
        "date": "2025-11-21",
        "close": 14.0485,
        "volume": 0,
        "typical_volume": 2408.95,
        "trend": 14.03636,
        "fair_value": 13.412185,
        "relative_strength": -2.765774,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.774766,
        "energy": 20.003594,
        "activity_lines": [
          14.097887,
          14.157751,
          14.132375,
          14.095955
        ]
      },
      {
        "date": "2025-11-28",
        "close": 14.1325,
        "volume": 7318,
        "typical_volume": 2740.1,
        "trend": 14.04621,
        "fair_value": 13.419329,
        "relative_strength": -3.61653,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.277982,
        "energy": 21.104987,
        "activity_lines": [
          14.057367,
          14.153127,
          14.135845,
          14.102158
        ]
      },
      {
        "date": "2025-12-05",
        "close": 14.142,
        "volume": 25658,
        "typical_volume": 4023.0,
        "trend": 14.057493,
        "fair_value": 13.426367,
        "relative_strength": -4.200679,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.89555,
        "energy": 17.303426,
        "activity_lines": [
          14.0873,
          14.148913,
          14.13923,
          14.108338
        ]
      },
      {
        "date": "2025-12-12",
        "close": 14.088,
        "volume": 1800,
        "typical_volume": 3904.5,
        "trend": 14.065543,
        "fair_value": 13.433662,
        "relative_strength": -4.066973,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.630186,
        "energy": 8.277227,
        "activity_lines": [
          14.0947,
          14.133389,
          14.136592,
          14.110306
        ]
      },
      {
        "date": "2025-12-19",
        "close": 14.0425,
        "volume": 3406,
        "typical_volume": 3728.8,
        "trend": 14.072927,
        "fair_value": 13.441537,
        "relative_strength": -6.231686,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.748806,
        "energy": 5.194051,
        "activity_lines": [
          14.086933,
          14.109811,
          14.129177,
          14.10882
        ]
      },
      {
        "date": "2025-12-26",
        "close": 14.026,
        "volume": 0,
        "typical_volume": 3694.05,
        "trend": 14.077493,
        "fair_value": 13.449473,
        "relative_strength": -6.645307,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.462799,
        "energy": 9.155069,
        "activity_lines": [
          14.065367,
          14.083705,
          14.119713,
          14.105792
        ]
      },
      {
        "date": "2026-01-02",
        "close": 14.039,
        "volume": 9629,
        "typical_volume": 3900.5,
        "trend": 14.08021,
        "fair_value": 13.456992,
        "relative_strength": -6.545355,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.949374,
        "energy": 12.057786,
        "activity_lines": [
          14.049633,
          14.059864,
          14.111936,
          14.103309
        ]
      },
      {
        "date": "2026-01-09",
        "close": 14.1145,
        "volume": 7745,
        "typical_volume": 4217.5,
        "trend": 14.08436,
        "fair_value": 13.463047,
        "relative_strength": -6.954533,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.784113,
        "energy": 9.553664,
        "activity_lines": [
          14.0653,
          14.0698,
          14.11178,
          14.105521
        ]
      },
      {
        "date": "2026-01-16",
        "close": 14.1285,
        "volume": 11554,
        "typical_volume": 4795.2,
        "trend": 14.087727,
        "fair_value": 13.468781,
        "relative_strength": -6.658238,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.248107,
        "energy": 4.50817,
        "activity_lines": [
          14.087467,
          14.081545,
          14.112752,
          14.108369
        ]
      },
      {
        "date": "2026-01-23",
        "close": 14.0715,
        "volume": 1800,
        "typical_volume": 4849.95,
        "trend": 14.090943,
        "fair_value": 13.474111,
        "relative_strength": -5.056513,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.200372,
        "energy": 2.808848,
        "activity_lines": [
          14.087933,
          14.082191,
          14.107831,
          14.107322
        ]
      },
      {
        "date": "2026-01-30",
        "close": 13.9705,
        "volume": 2146,
        "typical_volume": 4897.25,
        "trend": 14.08921,
        "fair_value": 13.478127,
        "relative_strength": -5.960291,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -41.529549,
        "energy": 34.02349,
        "activity_lines": [
          14.0528,
          14.061682,
          14.093423,
          14.099551
        ]
      },
      {
        "date": "2026-02-06",
        "close": 13.948,
        "volume": 4485,
        "typical_volume": 5121.5,
        "trend": 14.089993,
        "fair_value": 13.483563,
        "relative_strength": -7.711471,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -45.341522,
        "energy": 54.818721,
        "activity_lines": [
          14.013867,
          14.0385,
          14.077355,
          14.090441
        ]
      },
      {
        "date": "2026-02-13",
        "close": 13.951,
        "volume": 0,
        "typical_volume": 4851.5,
        "trend": 14.089777,
        "fair_value": 13.489505,
        "relative_strength": -8.743849,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.121887,
        "energy": 79.284671,
        "activity_lines": [
          13.982,
          14.019218,
          14.062106,
          14.081474
        ]
      },
      {
        "date": "2026-02-20",
        "close": 13.954,
        "volume": 250,
        "typical_volume": 4763.5,
        "trend": 14.088427,
        "fair_value": 13.495838,
        "relative_strength": -10.331061,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.184138,
        "energy": 84.907958,
        "activity_lines": [
          13.962033,
          14.003955,
          14.047661,
          14.072714
        ]
      },
      {
        "date": "2026-02-27",
        "close": 13.8965,
        "volume": 1070,
        "typical_volume": 4679.75,
        "trend": 14.086893,
        "fair_value": 13.502149,
        "relative_strength": -11.571,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.93424,
        "energy": 93.315844,
        "activity_lines": [
          13.934533,
          13.980673,
          14.028436,
          14.060331
        ]
      },
      {
        "date": "2026-03-06",
        "close": 13.767,
        "volume": 600,
        "typical_volume": 4559.75,
        "trend": 14.075127,
        "fair_value": 13.508169,
        "relative_strength": -6.22244,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -96.402136,
        "energy": 97.654914,
        "activity_lines": [
          13.875533,
          13.9365,
          13.997697,
          14.039693
        ]
      },
      {
        "date": "2026-03-13",
        "close": 13.5795,
        "volume": 9842,
        "typical_volume": 5051.85,
        "trend": 14.056793,
        "fair_value": 13.513024,
        "relative_strength": -5.613793,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -99.04569,
        "energy": 99.285752,
        "activity_lines": [
          13.7676,
          13.862945,
          13.950307,
          14.007717
        ]
      },
      {
        "date": "2026-03-20",
        "close": 13.5985,
        "volume": 1800,
        "typical_volume": 5010.45,
        "trend": 14.041027,
        "fair_value": 13.517479,
        "relative_strength": -1.564905,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.886465,
        "energy": 97.763632,
        "activity_lines": [
          13.690567,
          13.8012,
          13.912167,
          13.97815
        ]
      },
      {
        "date": "2026-03-27",
        "close": 13.637,
        "volume": 4839,
        "typical_volume": 5152.4,
        "trend": 14.027893,
        "fair_value": 13.522101,
        "relative_strength": -3.239856,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.700637,
        "energy": 90.472994,
        "activity_lines": [
          13.649867,
          13.755836,
          13.879957,
          13.952084
        ]
      },
      {
        "date": "2026-04-03",
        "close": 13.81,
        "volume": 0,
        "typical_volume": 4697.1,
        "trend": 14.01826,
        "fair_value": 13.527268,
        "relative_strength": -4.942567,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.041385,
        "energy": 67.871172,
        "activity_lines": [
          13.687967,
          13.750864,
          13.866371,
          13.938026
        ]
      },
      {
        "date": "2026-04-10",
        "close": 13.9405,
        "volume": 516,
        "typical_volume": 4722.9,
        "trend": 14.013877,
        "fair_value": 13.533903,
        "relative_strength": -5.262161,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.780335,
        "energy": 47.739063,
        "activity_lines": [
          13.775333,
          13.774373,
          13.865729,
          13.933009
        ]
      },
      {
        "date": "2026-04-17",
        "close": 13.95,
        "volume": 600,
        "typical_volume": 4387.0,
        "trend": 14.01021,
        "fair_value": 13.540903,
        "relative_strength": -6.699539,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.87648,
        "energy": 27.935061,
        "activity_lines": [
          13.8543,
          13.800155,
          13.866505,
          13.928888
        ]
      },
      {
        "date": "2026-04-24",
        "close": 13.8825,
        "volume": 2400,
        "typical_volume": 3224.1,
        "trend": 14.004293,
        "fair_value": 13.547274,
        "relative_strength": -5.151717,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.30357,
        "energy": 35.094542,
        "activity_lines": [
          13.886067,
          13.813627,
          13.861721,
          13.920649
        ]
      },
      {
        "date": "2026-05-01",
        "close": 13.8365,
        "volume": 1200,
        "typical_volume": 3194.1,
        "trend": 13.99551,
        "fair_value": 13.553294,
        "relative_strength": -5.10079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.733614,
        "energy": 31.834828,
        "activity_lines": [
          13.883567,
          13.819982,
          13.853793,
          13.909823
        ]
      },
      {
        "date": "2026-05-08",
        "close": 13.868,
        "volume": 2434,
        "typical_volume": 3145.5,
        "trend": 13.988827,
        "fair_value": 13.559675,
        "relative_strength": -4.48796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.758467,
        "energy": 22.871368,
        "activity_lines": [
          13.878267,
          13.8342,
          13.850062,
          13.901597
        ]
      },
      {
        "date": "2026-05-15",
        "close": 13.781,
        "volume": 0,
        "typical_volume": 3145.5,
        "trend": 13.980843,
        "fair_value": 13.566088,
        "relative_strength": -5.814459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.557873,
        "energy": 23.56255,
        "activity_lines": [
          13.8401,
          13.833118,
          13.838876,
          13.888189
        ]
      },
      {
        "date": "2026-05-22",
        "close": 13.8165,
        "volume": 3600,
        "typical_volume": 2844.05,
        "trend": 13.936667,
        "fair_value": 13.573146,
        "relative_strength": -7.374443,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.707495,
        "energy": 25.216081,
        "activity_lines": [
          13.8244,
          13.838236,
          13.832238,
          13.877586
        ]
      },
      {
        "date": "2026-05-29",
        "close": 13.8895,
        "volume": 3600,
        "typical_volume": 2636.8,
        "trend": 13.930517,
        "fair_value": 13.579919,
        "relative_strength": -6.977663,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -28.309533,
        "energy": 17.672988,
        "activity_lines": [
          13.841933,
          13.852318,
          13.833612,
          13.874543
        ]
      },
      {
        "date": "2026-06-05",
        "close": 13.9135,
        "volume": 0,
        "typical_volume": 2059.1,
        "trend": 13.9247,
        "fair_value": 13.587056,
        "relative_strength": -5.594793,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -7.584222,
        "energy": 7.201578,
        "activity_lines": [
          13.867,
          13.865473,
          13.838343,
          13.873445
        ]
      },
      {
        "date": "2026-06-12",
        "close": 14.034,
        "volume": 1200,
        "typical_volume": 2029.1,
        "trend": 13.928567,
        "fair_value": 13.59479,
        "relative_strength": -6.790112,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "down",
        "direction": 17.83079,
        "energy": 33.107365,
        "activity_lines": [
          13.9271,
          13.895509,
          13.855574,
          13.880497
        ]
      },
      {
        "date": "2026-06-19",
        "close": 14.0945,
        "volume": 600,
        "typical_volume": 1951.8,
        "trend": 13.9301,
        "fair_value": 13.602912,
        "relative_strength": -6.577808,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": 43.944298,
        "energy": 64.535661,
        "activity_lines": [
          13.9963,
          13.932473,
          13.878745,
          13.891202
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.0965,
        "volume": 0,
        "typical_volume": 1727.55,
        "trend": 13.9289,
        "fair_value": 13.610986,
        "relative_strength": -8.918128,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.844584,
        "energy": 74.220056,
        "activity_lines": [
          14.045267,
          13.967,
          13.901517,
          13.901938
        ]
      },
      {
        "date": "2026-07-03",
        "close": 14.0525,
        "volume": 0,
        "typical_volume": 1727.55,
        "trend": 13.925917,
        "fair_value": 13.618871,
        "relative_strength": -10.475161,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.699581,
        "energy": 77.252404,
        "activity_lines": [
          14.0609,
          13.990864,
          13.91939,
          13.909912
        ]
      },
      {
        "date": "2026-07-10",
        "close": 14.0385,
        "volume": 0,
        "typical_volume": 1715.05,
        "trend": 13.924267,
        "fair_value": 13.627031,
        "relative_strength": -9.086346,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.28543,
        "energy": 77.179972,
        "activity_lines": [
          14.061,
          14.009091,
          13.935448,
          13.917175
        ]
      },
      {
        "date": "2026-07-17",
        "close": 13.99,
        "volume": 2400,
        "typical_volume": 1781.55,
        "trend": 13.922517,
        "fair_value": 13.63488,
        "relative_strength": -9.783461,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.492429,
        "energy": 62.936163,
        "activity_lines": [
          14.0366,
          14.014827,
          13.946483,
          13.921416
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.0415,
        "volume": 0,
        "typical_volume": 1751.55,
        "trend": 13.923033,
        "fair_value": 13.643505,
        "relative_strength": -9.038896,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.403075,
        "energy": 50.632949,
        "activity_lines": [
          14.0323,
          14.027709,
          13.961979,
          13.929092
        ]
      },
      {
        "date": "2026-07-31",
        "close": 14.083,
        "volume": 1800,
        "typical_volume": 1349.45,
        "trend": 13.9245,
        "fair_value": 13.652396,
        "relative_strength": -8.570133,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.309671,
        "energy": 54.32337,
        "activity_lines": [
          14.045367,
          14.0434,
          13.980119,
          13.939413
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.2205,
        "volume": 2400,
        "typical_volume": 1379.45,
        "trend": 13.928033,
        "fair_value": 13.662169,
        "relative_strength": -8.591755,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.501265,
        "energy": 70.223178,
        "activity_lines": [
          14.105167,
          14.079245,
          14.008957,
          13.95851
        ]
      }
    ],
    "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."
    }
  }
}