{
  "ticker": {
    "uuid": "febef2de-2f27-47d6-9069-1a2344237dfd",
    "symbol": "688247",
    "name": "Sinotherapeutics Inc.",
    "exchange": "SHH",
    "country": "CN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "000001.SS",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 82.572,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -17.024,
    "architecture_energy": 10.223,
    "architecture_maturity": 99.244,
    "architecture_confidence": 66.431,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 48.79,
        "rotation_up": 31.1,
        "upward_expansion": 21.47,
        "deceleration": 40.59,
        "rotation_down": 24.66,
        "downward_expansion": 55.47
      },
      "activity_lines": [
        8.715333,
        8.56651,
        8.617789,
        8.861225
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 9.29,
    "trend_reference": 9.255547,
    "distance_from_trend": 0.003722,
    "trend_direction": "Weakening",
    "fair_value": 9.92867,
    "distance_from_fair_value": -0.064326,
    "fair_value_direction": "Improving",
    "relative_strength": -5.892684,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.095424,
    "excess_performance": -0.05222,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.003722,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.066409,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.064326,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.014692,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.058927,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.111366,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.095424,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.67982,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 49352251,
      "relative_activity": 3.116025,
      "balance": 0.67982,
      "dry_up": 2.220539,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.095933,
      "annualized_volatility": 0.46795,
      "from_high_reference": -0.29185,
      "from_low_reference": 0.281379
    },
    "levels": {
      "trend_reference": 9.255547,
      "fair_value_reference": 9.92867,
      "structural_low": 7.25,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.045564,
        "positive_rate": 0.615385,
        "directional_follow_through": 0.384615,
        "median_excess_return": 0.024049,
        "regime_survival": 0.692308,
        "best_return": 0.25098,
        "worst_return": -0.134929,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.020896,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.011783,
        "regime_survival": 0.6,
        "best_return": 0.266962,
        "worst_return": -0.234177,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.117599,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.06341,
        "regime_survival": 0.333333,
        "best_return": 0.132747,
        "worst_return": -0.274,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.077805,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.077119,
        "regime_survival": 0.5,
        "best_return": 0.186725,
        "worst_return": -0.031115,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-12",
        "end": "2024-05-03",
        "tenure": "New",
        "return": 0.154689,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-10",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": -0.184676,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-07-12",
        "end": "2024-07-26",
        "tenure": "New",
        "return": -0.007194,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-02",
        "end": "2024-09-13",
        "tenure": "Developing",
        "return": -0.143503,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-20",
        "end": "2024-09-27",
        "tenure": "New",
        "return": 0.117647,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-04",
        "end": "2024-10-25",
        "tenure": "New",
        "return": 0.02929,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-01",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.013993,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-04-11",
        "tenure": "Established",
        "return": 0.007292,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-18",
        "end": "2025-05-02",
        "tenure": "New",
        "return": -0.008172,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-09",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": 0.047219,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-27",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.15468,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.076923,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-12-12",
        "tenure": "Established",
        "return": -0.103411,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-19",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.071,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 12.390733,
        "volume": 7474780,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-04",
        "close": 12.114506,
        "volume": 10131690,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-11",
        "close": 13.515369,
        "volume": 25406263,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-18",
        "close": 12.469656,
        "volume": 30844230,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 10.7827,
        "volume": 12102558,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 10.693913,
        "volume": 26985261,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 10.654451,
        "volume": 12002338,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 11.058927,
        "volume": 15808737,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 11.167444,
        "volume": 16233890,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 11.177309,
        "volume": 13487094,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 11.887606,
        "volume": 20496260,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 10.496609,
        "volume": 15280665,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.19704,
        "volume": 11359427,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.492996,
        "volume": 19588100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 11.611381,
        "volume": 12341795,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 11.749493,
        "volume": 10402984,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 12.084911,
        "volume": 15810749,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 11.759358,
        "volume": 14699423,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 11.315422,
        "volume": 13305770,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 11.078657,
        "volume": 13694506,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 10.762969,
        "volume": 8811249,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 10.832026,
        "volume": 7812236,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 10.526203,
        "volume": 6504904,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 10.013211,
        "volume": 11500585,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 9.332511,
        "volume": 7116052,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 9.51995,
        "volume": 22051942,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 7.773804,
        "volume": 17324255,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 7.172024,
        "volume": 23328188,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 8.178278,
        "volume": 20412603,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 8.178278,
        "volume": 17663253,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 8.168412,
        "volume": 13983209,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 8.42491,
        "volume": 12474242,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 8.641945,
        "volume": 15086201,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 8.247334,
        "volume": 6690427,
        "typical_volume": 13550728.65,
        "trend": 10.199336,
        "fair_value": 12.521153,
        "relative_strength": -26.894113,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -44.933525,
        "energy": 35.675078,
        "activity_lines": [
          8.372952,
          8.275854,
          8.999347,
          9.586524
        ]
      },
      {
        "date": "2024-04-05",
        "close": 8.434774,
        "volume": 4807796,
        "typical_volume": 13174028.7,
        "trend": 10.121072,
        "fair_value": 12.470704,
        "relative_strength": -25.313989,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -42.317744,
        "energy": 31.417704,
        "activity_lines": [
          8.407152,
          8.288769,
          8.872321,
          9.472682
        ]
      },
      {
        "date": "2024-04-12",
        "close": 8.099357,
        "volume": 12109165,
        "typical_volume": 13259337.75,
        "trend": 10.034586,
        "fair_value": 12.417395,
        "relative_strength": -26.457666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.040997,
        "energy": 32.917752,
        "activity_lines": [
          8.312446,
          8.257021,
          8.728476,
          9.342248
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8.198009,
        "volume": 17378013,
        "typical_volume": 13337700.95,
        "trend": 9.952705,
        "fair_value": 12.366559,
        "relative_strength": -25.987226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.265989,
        "energy": 34.991221,
        "activity_lines": [
          8.255227,
          8.269038,
          8.611409,
          9.22376
        ]
      },
      {
        "date": "2024-04-26",
        "close": 8.612349,
        "volume": 11002913,
        "typical_volume": 13152875.45,
        "trend": 9.871152,
        "fair_value": 12.321866,
        "relative_strength": -21.94093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.146462,
        "energy": 26.533285,
        "activity_lines": [
          8.351249,
          8.348678,
          8.552312,
          9.137285
        ]
      },
      {
        "date": "2024-05-03",
        "close": 9.352241,
        "volume": 8189007,
        "typical_volume": 12897037.3,
        "trend": 9.810646,
        "fair_value": 12.286929,
        "relative_strength": -14.779064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.1822,
        "energy": 15.667224,
        "activity_lines": [
          8.695874,
          8.536655,
          8.578666,
          9.103807
        ]
      },
      {
        "date": "2024-05-10",
        "close": 9.618603,
        "volume": 23121386,
        "typical_volume": 13368381.3,
        "trend": 9.758689,
        "fair_value": 12.255902,
        "relative_strength": -12.892319,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.966558,
        "energy": 11.751097,
        "activity_lines": [
          9.055627,
          8.751718,
          8.639736,
          9.091417
        ]
      },
      {
        "date": "2024-05-17",
        "close": 9.273319,
        "volume": 10048526,
        "typical_volume": 13430245.15,
        "trend": 9.671546,
        "fair_value": 12.22162,
        "relative_strength": -15.55975,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.6009,
        "energy": 19.709727,
        "activity_lines": [
          9.221362,
          8.877813,
          8.674875,
          9.060103
        ]
      },
      {
        "date": "2024-05-24",
        "close": 8.809653,
        "volume": 9019700,
        "typical_volume": 13490618.35,
        "trend": 9.615314,
        "fair_value": 12.182847,
        "relative_strength": -17.597808,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.788735,
        "energy": 18.675831,
        "activity_lines": [
          9.154279,
          8.899517,
          8.672949,
          9.004497
        ]
      },
      {
        "date": "2024-05-31",
        "close": 8.977362,
        "volume": 8450666,
        "typical_volume": 13587906.45,
        "trend": 9.541325,
        "fair_value": 12.146831,
        "relative_strength": -15.372562,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.956044,
        "energy": 14.316612,
        "activity_lines": [
          9.102322,
          8.944717,
          8.696626,
          8.963339
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8.345987,
        "volume": 9676583,
        "typical_volume": 13496706.35,
        "trend": 9.436424,
        "fair_value": 12.104599,
        "relative_strength": -19.741304,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.73857,
        "energy": 17.11198,
        "activity_lines": [
          8.815572,
          8.869024,
          8.667547,
          8.88622
        ]
      },
      {
        "date": "2024-06-14",
        "close": 8.533427,
        "volume": 6373927,
        "typical_volume": 13459600.1,
        "trend": 9.333826,
        "fair_value": 12.065355,
        "relative_strength": -16.839355,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.901027,
        "energy": 22.27623,
        "activity_lines": [
          8.658386,
          8.825617,
          8.664259,
          8.827962
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8.612349,
        "volume": 8730577,
        "typical_volume": 12793531.85,
        "trend": 9.229254,
        "fair_value": 12.027823,
        "relative_strength": -14.58929,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.212621,
        "energy": 22.606993,
        "activity_lines": [
          8.599853,
          8.794766,
          8.672292,
          8.781415
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8.149626,
        "volume": 7312810,
        "typical_volume": 12292959.6,
        "trend": 9.098078,
        "fair_value": 11.986122,
        "relative_strength": -17.813689,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.639518,
        "energy": 32.184432,
        "activity_lines": [
          8.431143,
          8.670456,
          8.640578,
          8.711762
        ]
      },
      {
        "date": "2024-07-05",
        "close": 7.842279,
        "volume": 5004497,
        "typical_volume": 11376775.05,
        "trend": 8.967509,
        "fair_value": 11.942038,
        "relative_strength": -19.880105,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.314548,
        "energy": 51.185117,
        "activity_lines": [
          8.203986,
          8.491145,
          8.577803,
          8.630743
        ]
      },
      {
        "date": "2024-07-12",
        "close": 8.268598,
        "volume": 6417849,
        "typical_volume": 10677037.35,
        "trend": 8.865948,
        "fair_value": 11.90337,
        "relative_strength": -15.581064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.209136,
        "energy": 46.915858,
        "activity_lines": [
          8.194607,
          8.403347,
          8.552439,
          8.585652
        ]
      },
      {
        "date": "2024-07-19",
        "close": 8.397486,
        "volume": 7802003,
        "typical_volume": 10183974.85,
        "trend": 8.776576,
        "fair_value": 11.866851,
        "relative_strength": -14.05164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.180641,
        "energy": 43.585215,
        "activity_lines": [
          8.233351,
          8.358686,
          8.538919,
          8.555428
        ]
      },
      {
        "date": "2024-07-26",
        "close": 8.20911,
        "volume": 7965185,
        "typical_volume": 9883073.65,
        "trend": 8.691447,
        "fair_value": 11.829142,
        "relative_strength": -12.803474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.742493,
        "energy": 36.048883,
        "activity_lines": [
          8.218365,
          8.301977,
          8.506415,
          8.518817
        ]
      },
      {
        "date": "2024-08-02",
        "close": 8.774232,
        "volume": 11331023,
        "typical_volume": 9825912.7,
        "trend": 8.622854,
        "fair_value": 11.79797,
        "relative_strength": -6.731872,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.704533,
        "energy": 8.453155,
        "activity_lines": [
          8.418636,
          8.367367,
          8.527539,
          8.524158
        ]
      },
      {
        "date": "2024-08-09",
        "close": 8.645345,
        "volume": 9347746,
        "typical_volume": 9538989.95,
        "trend": 8.560159,
        "fair_value": 11.766125,
        "relative_strength": -6.292689,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.741165,
        "energy": 9.946994,
        "activity_lines": [
          8.534304,
          8.409967,
          8.534724,
          8.525609
        ]
      },
      {
        "date": "2024-08-16",
        "close": 8.615602,
        "volume": 7519057,
        "typical_volume": 9580421.45,
        "trend": 8.513572,
        "fair_value": 11.73462,
        "relative_strength": -6.789105,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.91337,
        "energy": 12.390153,
        "activity_lines": [
          8.586519,
          8.453196,
          8.53906,
          8.529186
        ]
      },
      {
        "date": "2024-08-23",
        "close": 7.881937,
        "volume": 5735912,
        "typical_volume": 9626827.25,
        "trend": 8.465219,
        "fair_value": 11.696474,
        "relative_strength": -13.21014,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -17.771793,
        "energy": 9.848641,
        "activity_lines": [
          8.371047,
          8.358129,
          8.47177,
          8.488436
        ]
      },
      {
        "date": "2024-08-30",
        "close": 8.199198,
        "volume": 5331793,
        "typical_volume": 9287958.65,
        "trend": 8.421194,
        "fair_value": 11.662187,
        "relative_strength": -8.725635,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -18.362537,
        "energy": 13.856822,
        "activity_lines": [
          8.295698,
          8.332591,
          8.437327,
          8.471273
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7.604334,
        "volume": 10605870,
        "typical_volume": 8949351.5,
        "trend": 8.415545,
        "fair_value": 11.622791,
        "relative_strength": -12.599847,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -36.607925,
        "energy": 44.66711,
        "activity_lines": [
          8.022721,
          8.206408,
          8.345756,
          8.418572
        ]
      },
      {
        "date": "2024-09-13",
        "close": 7.515104,
        "volume": 5050875,
        "typical_volume": 8651749.6,
        "trend": 8.426981,
        "fair_value": 11.583294,
        "relative_strength": -11.310362,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -67.417305,
        "energy": 67.594168,
        "activity_lines": [
          7.797995,
          8.073916,
          8.248513,
          8.36048
        ]
      },
      {
        "date": "2024-09-20",
        "close": 7.584505,
        "volume": 3411829,
        "typical_volume": 8412890.7,
        "trend": 8.407189,
        "fair_value": 11.54521,
        "relative_strength": -11.208912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.369943,
        "energy": 67.945412,
        "activity_lines": [
          7.671752,
          7.95999,
          8.163105,
          8.306126
        ]
      },
      {
        "date": "2024-09-27",
        "close": 8.4768,
        "volume": 11176091,
        "typical_volume": 7815625.95,
        "trend": 8.41714,
        "fair_value": 11.516263,
        "relative_strength": -11.598709,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.219638,
        "energy": 48.461917,
        "activity_lines": [
          7.91168,
          8.020738,
          8.171095,
          8.310617
        ]
      },
      {
        "date": "2024-10-04",
        "close": 9.666526,
        "volume": 6210861,
        "typical_volume": 7623742.7,
        "trend": 8.467077,
        "fair_value": 11.498975,
        "relative_strength": -6.3264,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.100779,
        "energy": 15.040864,
        "activity_lines": [
          8.508526,
          8.296358,
          8.29783,
          8.391223
        ]
      },
      {
        "date": "2024-10-11",
        "close": 9.051834,
        "volume": 23935544,
        "typical_volume": 8369534.9,
        "trend": 8.487974,
        "fair_value": 11.476317,
        "relative_strength": -8.602202,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.655154,
        "energy": 24.658272,
        "activity_lines": [
          8.802653,
          8.433717,
          8.36415,
          8.428949
        ]
      },
      {
        "date": "2024-10-18",
        "close": 9.488067,
        "volume": 15208430,
        "typical_volume": 8707423.1,
        "trend": 8.516178,
        "fair_value": 11.458076,
        "relative_strength": -4.926122,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.515773,
        "energy": 36.451059,
        "activity_lines": [
          9.14569,
          8.645344,
          8.470863,
          8.493471
        ]
      },
      {
        "date": "2024-10-25",
        "close": 9.949656,
        "volume": 18590621,
        "typical_volume": 9153125.0,
        "trend": 8.572922,
        "fair_value": 11.444363,
        "relative_strength": -1.140336,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 74.017806,
        "energy": 72.128092,
        "activity_lines": [
          9.51106,
          8.925574,
          8.619105,
          8.585954
        ]
      },
      {
        "date": "2024-11-01",
        "close": 10.655375,
        "volume": 56097714,
        "typical_volume": 11639314.35,
        "trend": 8.646942,
        "fair_value": 11.437255,
        "relative_strength": 7.07389,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.306615,
        "energy": 77.865262,
        "activity_lines": [
          9.953993,
          9.309861,
          8.826921,
          8.720305
        ]
      },
      {
        "date": "2024-11-08",
        "close": 11.987298,
        "volume": 51185036,
        "typical_volume": 13762037.3,
        "trend": 8.77654,
        "fair_value": 11.442166,
        "relative_strength": 14.398995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.969428,
        "energy": 86.132108,
        "activity_lines": [
          10.695662,
          9.88589,
          9.151483,
          8.935812
        ]
      },
      {
        "date": "2024-11-15",
        "close": 11.251759,
        "volume": 51327376,
        "typical_volume": 15962765.6,
        "trend": 8.878332,
        "fair_value": 11.440481,
        "relative_strength": 11.611853,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.595589,
        "energy": 77.307553,
        "activity_lines": [
          11.037433,
          10.25931,
          9.389923,
          9.095504
        ]
      },
      {
        "date": "2024-11-22",
        "close": 10.705075,
        "volume": 21326335,
        "typical_volume": 16778857.5,
        "trend": 8.94809,
        "fair_value": 11.43403,
        "relative_strength": 8.64763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.636229,
        "energy": 66.94649,
        "activity_lines": [
          11.050314,
          10.467016,
          9.561525,
          9.213358
        ]
      },
      {
        "date": "2024-11-29",
        "close": 10.794531,
        "volume": 18462761,
        "typical_volume": 17381103.1,
        "trend": 8.996166,
        "fair_value": 11.428469,
        "relative_strength": 8.106225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.125458,
        "energy": 53.589865,
        "activity_lines": [
          11.01188,
          10.632987,
          9.728014,
          9.332483
        ]
      },
      {
        "date": "2024-12-06",
        "close": 10.774652,
        "volume": 14910440,
        "typical_volume": 17736524.95,
        "trend": 9.034701,
        "fair_value": 11.422833,
        "relative_strength": 5.930965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.704623,
        "energy": 43.090948,
        "activity_lines": [
          10.910495,
          10.73698,
          9.880582,
          9.447224
        ]
      },
      {
        "date": "2024-12-13",
        "close": 11.699046,
        "volume": 60287667,
        "typical_volume": 20352649.05,
        "trend": 9.115558,
        "fair_value": 11.425194,
        "relative_strength": 15.70185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.787048,
        "energy": 42.59413,
        "activity_lines": [
          11.109289,
          10.967265,
          10.109868,
          9.619118
        ]
      },
      {
        "date": "2024-12-20",
        "close": 11.112603,
        "volume": 22025897,
        "typical_volume": 20887392.75,
        "trend": 9.192323,
        "fair_value": 11.422545,
        "relative_strength": 11.01233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.58924,
        "energy": 36.485135,
        "activity_lines": [
          11.131819,
          11.053969,
          10.266683,
          9.747959
        ]
      },
      {
        "date": "2024-12-27",
        "close": 10.506279,
        "volume": 13093503,
        "typical_volume": 21074680.6,
        "trend": 9.243287,
        "fair_value": 11.414845,
        "relative_strength": 4.372224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.995057,
        "energy": 28.635762,
        "activity_lines": [
          10.961519,
          10.992964,
          10.354618,
          9.832731
        ]
      },
      {
        "date": "2025-01-03",
        "close": 9.542128,
        "volume": 10526393,
        "typical_volume": 21225047.4,
        "trend": 9.283159,
        "fair_value": 11.399239,
        "relative_strength": 0.803015,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.980716,
        "energy": 17.893752,
        "activity_lines": [
          10.483087,
          10.738146,
          10.341867,
          9.852011
        ]
      },
      {
        "date": "2025-01-10",
        "close": 9.651464,
        "volume": 12651727,
        "typical_volume": 21570838.15,
        "trend": 9.320427,
        "fair_value": 11.384795,
        "relative_strength": 3.709148,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.777087,
        "energy": 17.438528,
        "activity_lines": [
          10.124595,
          10.510617,
          10.335118,
          9.875772
        ]
      },
      {
        "date": "2025-01-17",
        "close": 9.860198,
        "volume": 9630681,
        "typical_volume": 21785782.55,
        "trend": 9.362022,
        "fair_value": 11.372298,
        "relative_strength": 3.850856,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.837584,
        "energy": 15.845355,
        "activity_lines": [
          9.910559,
          10.339293,
          10.339821,
          9.910596
        ]
      },
      {
        "date": "2025-01-24",
        "close": 10.11863,
        "volume": 14265534,
        "typical_volume": 21968765.75,
        "trend": 9.427655,
        "fair_value": 11.362105,
        "relative_strength": 6.347307,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.421412,
        "energy": 15.324217,
        "activity_lines": [
          9.905258,
          10.25363,
          10.361227,
          9.95941
        ]
      },
      {
        "date": "2025-01-31",
        "close": 10.108691,
        "volume": 2295385,
        "typical_volume": 21830991.25,
        "trend": 9.503202,
        "fair_value": 11.351997,
        "relative_strength": 6.421962,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.212701,
        "energy": 12.643384,
        "activity_lines": [
          9.962908,
          10.186763,
          10.369715,
          10.003347
        ]
      },
      {
        "date": "2025-02-07",
        "close": 10.396943,
        "volume": 8967074,
        "typical_volume": 22108753.5,
        "trend": 9.574147,
        "fair_value": 11.344357,
        "relative_strength": 7.486438,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.972452,
        "energy": 8.460719,
        "activity_lines": [
          10.143149,
          10.183149,
          10.393304,
          10.061008
        ]
      },
      {
        "date": "2025-02-14",
        "close": 10.605677,
        "volume": 21912303,
        "typical_volume": 22645564.1,
        "trend": 9.647753,
        "fair_value": 11.338494,
        "relative_strength": 7.762062,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 35.214258,
        "energy": 22.615042,
        "activity_lines": [
          10.335979,
          10.224715,
          10.42338,
          10.127559
        ]
      },
      {
        "date": "2025-02-21",
        "close": 10.724954,
        "volume": 26159597,
        "typical_volume": 23643000.9,
        "trend": 9.731615,
        "fair_value": 11.333663,
        "relative_strength": 7.611245,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 42.401369,
        "energy": 29.205131,
        "activity_lines": [
          10.504955,
          10.29104,
          10.454678,
          10.197055
        ]
      },
      {
        "date": "2025-02-28",
        "close": 10.486401,
        "volume": 24692654,
        "typical_volume": 23680856.4,
        "trend": 9.788687,
        "fair_value": 11.327044,
        "relative_strength": 6.744823,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 37.547931,
        "energy": 26.119101,
        "activity_lines": [
          10.536762,
          10.331702,
          10.458217,
          10.245751
        ]
      },
      {
        "date": "2025-03-07",
        "close": 10.396943,
        "volume": 19393274,
        "typical_volume": 23890098.6,
        "trend": 9.847074,
        "fair_value": 11.319834,
        "relative_strength": 3.942335,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 36.506524,
        "energy": 23.221201,
        "activity_lines": [
          10.514232,
          10.367485,
          10.446405,
          10.284994
        ]
      },
      {
        "date": "2025-03-14",
        "close": 10.506279,
        "volume": 16203707,
        "typical_volume": 23770752.9,
        "trend": 9.910096,
        "fair_value": 11.313576,
        "relative_strength": 3.380559,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 36.571313,
        "energy": 22.074067,
        "activity_lines": [
          10.50893,
          10.425136,
          10.440678,
          10.327523
        ]
      },
      {
        "date": "2025-03-21",
        "close": 10.377064,
        "volume": 14330164,
        "typical_volume": 21682375.4,
        "trend": 9.993267,
        "fair_value": 11.306427,
        "relative_strength": 3.603219,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.794062,
        "energy": 18.872599,
        "activity_lines": [
          10.453268,
          10.441762,
          10.419994,
          10.35765
        ]
      },
      {
        "date": "2025-03-28",
        "close": 10.685194,
        "volume": 18664003,
        "typical_volume": 20056323.75,
        "trend": 10.076134,
        "fair_value": 11.301721,
        "relative_strength": 6.781361,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.648505,
        "energy": 22.432253,
        "activity_lines": [
          10.515557,
          10.50122,
          10.429981,
          10.40229
        ]
      },
      {
        "date": "2025-04-04",
        "close": 11.082783,
        "volume": 26298866,
        "typical_volume": 18804898.25,
        "trend": 10.192082,
        "fair_value": 11.300074,
        "relative_strength": 10.657911,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 61.725274,
        "energy": 38.070144,
        "activity_lines": [
          10.713026,
          10.617966,
          10.484034,
          10.467235
        ]
      },
      {
        "date": "2025-04-11",
        "close": 9.611706,
        "volume": 31604566,
        "typical_volume": 19318809.8,
        "trend": 10.261969,
        "fair_value": 11.287475,
        "relative_strength": -1.135934,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.172306,
        "energy": 1.658892,
        "activity_lines": [
          10.380377,
          10.449714,
          10.398789,
          10.429792
        ]
      },
      {
        "date": "2025-04-18",
        "close": 9.730982,
        "volume": 14449665,
        "typical_volume": 19118155.0,
        "trend": 10.333518,
        "fair_value": 11.275945,
        "relative_strength": -1.271896,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.10697,
        "energy": 24.952508,
        "activity_lines": [
          10.139836,
          10.312184,
          10.33011,
          10.395535
        ]
      },
      {
        "date": "2025-04-25",
        "close": 9.959596,
        "volume": 15146986,
        "typical_volume": 19129982.3,
        "trend": 10.382944,
        "fair_value": 11.266266,
        "relative_strength": 0.335224,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -48.441269,
        "energy": 40.366845,
        "activity_lines": [
          10.027186,
          10.228329,
          10.288269,
          10.371411
        ]
      },
      {
        "date": "2025-05-02",
        "close": 9.651464,
        "volume": 9676913,
        "typical_volume": 16599444.6,
        "trend": 10.382442,
        "fair_value": 11.254479,
        "relative_strength": -2.250752,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -58.488225,
        "energy": 50.368795,
        "activity_lines": [
          9.839656,
          10.100197,
          10.220963,
          10.324218
        ]
      },
      {
        "date": "2025-05-09",
        "close": 9.472548,
        "volume": 14751176,
        "typical_volume": 16235708.55,
        "trend": 10.396466,
        "fair_value": 11.241567,
        "relative_strength": -5.74113,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.178591,
        "energy": 60.959439,
        "activity_lines": [
          9.661404,
          9.959053,
          10.146367,
          10.265515
        ]
      },
      {
        "date": "2025-05-16",
        "close": 9.581887,
        "volume": 14166675,
        "typical_volume": 16289367.15,
        "trend": 10.399594,
        "fair_value": 11.229626,
        "relative_strength": -5.316731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.110331,
        "energy": 55.474899,
        "activity_lines": [
          9.626946,
          9.856222,
          10.089995,
          10.212962
        ]
      },
      {
        "date": "2025-05-23",
        "close": 9.691223,
        "volume": 18672368,
        "typical_volume": 16696665.9,
        "trend": 10.390979,
        "fair_value": 11.218638,
        "relative_strength": -3.716388,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.77749,
        "energy": 48.44581,
        "activity_lines": [
          9.630922,
          9.78809,
          10.048438,
          10.167261
        ]
      },
      {
        "date": "2025-05-30",
        "close": 9.890017,
        "volume": 18303226,
        "typical_volume": 16979240.85,
        "trend": 10.365467,
        "fair_value": 11.209215,
        "relative_strength": -1.744383,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.600138,
        "energy": 31.576469,
        "activity_lines": [
          9.703813,
          9.770921,
          10.025103,
          10.134941
        ]
      },
      {
        "date": "2025-06-06",
        "close": 10.178268,
        "volume": 20010427,
        "typical_volume": 17498228.15,
        "trend": 10.305166,
        "fair_value": 11.201955,
        "relative_strength": -0.185045,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.980707,
        "energy": 17.312525,
        "activity_lines": [
          9.877427,
          9.815017,
          10.028085,
          10.122863
        ]
      },
      {
        "date": "2025-06-13",
        "close": 10.347244,
        "volume": 21692501,
        "typical_volume": 17869576.5,
        "trend": 10.275016,
        "fair_value": 11.195978,
        "relative_strength": 1.56109,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.762392,
        "energy": 13.382094,
        "activity_lines": [
          10.072245,
          9.899053,
          10.045645,
          10.125578
        ]
      },
      {
        "date": "2025-06-20",
        "close": 9.919836,
        "volume": 11308313,
        "typical_volume": 18320222.9,
        "trend": 10.248841,
        "fair_value": 11.187116,
        "relative_strength": -2.188259,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -25.085416,
        "energy": 15.420935,
        "activity_lines": [
          10.066281,
          9.918752,
          10.021411,
          10.102663
        ]
      },
      {
        "date": "2025-06-27",
        "close": 10.125833,
        "volume": 13810604,
        "typical_volume": 18562399.4,
        "trend": 10.226551,
        "fair_value": 11.179797,
        "relative_strength": -2.164216,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.076509,
        "energy": 14.345401,
        "activity_lines": [
          10.106453,
          9.970302,
          10.017695,
          10.094727
        ]
      },
      {
        "date": "2025-07-04",
        "close": 10.6845,
        "volume": 18519079,
        "typical_volume": 18392738.2,
        "trend": 10.223546,
        "fair_value": 11.176404,
        "relative_strength": 1.533414,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.945851,
        "energy": 19.056967,
        "activity_lines": [
          10.303873,
          10.116249,
          10.068476,
          10.124272
        ]
      },
      {
        "date": "2025-07-11",
        "close": 10.874047,
        "volume": 23415045,
        "typical_volume": 18255510.6,
        "trend": 10.196046,
        "fair_value": 11.174347,
        "relative_strength": 2.016232,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.611796,
        "energy": 42.36351,
        "activity_lines": [
          10.51151,
          10.283479,
          10.136934,
          10.16624
        ]
      },
      {
        "date": "2025-07-18",
        "close": 11.692096,
        "volume": 33780896,
        "typical_volume": 18709922.7,
        "trend": 10.215362,
        "fair_value": 11.177846,
        "relative_strength": 8.598005,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 84.730768,
        "energy": 76.867726,
        "activity_lines": [
          10.945445,
          10.577216,
          10.282592,
          10.262759
        ]
      },
      {
        "date": "2025-07-25",
        "close": 11.931523,
        "volume": 51278800,
        "typical_volume": 20304199.0,
        "trend": 10.262871,
        "fair_value": 11.182904,
        "relative_strength": 8.667419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.886027,
        "energy": 84.756038,
        "activity_lines": [
          11.369532,
          10.874131,
          10.445311,
          10.373479
        ]
      },
      {
        "date": "2025-08-01",
        "close": 12.380452,
        "volume": 63024593,
        "typical_volume": 22645243.3,
        "trend": 10.357481,
        "fair_value": 11.190887,
        "relative_strength": 13.496638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.929268,
        "energy": 88.241531,
        "activity_lines": [
          11.809149,
          11.209948,
          10.643477,
          10.510097
        ]
      },
      {
        "date": "2025-08-08",
        "close": 12.001357,
        "volume": 32849762,
        "typical_volume": 23571223.2,
        "trend": 10.435811,
        "fair_value": 11.196255,
        "relative_strength": 7.556371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.917387,
        "energy": 82.376358,
        "activity_lines": [
          11.972093,
          11.427943,
          10.796615,
          10.616154
        ]
      },
      {
        "date": "2025-08-15",
        "close": 12.320596,
        "volume": 26860815,
        "typical_volume": 23981063.8,
        "trend": 10.517824,
        "fair_value": 11.203652,
        "relative_strength": 8.344958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.806619,
        "energy": 81.648091,
        "activity_lines": [
          12.15366,
          11.665594,
          10.972421,
          10.737753
        ]
      },
      {
        "date": "2025-08-22",
        "close": 12.180928,
        "volume": 37559239,
        "typical_volume": 24544082.45,
        "trend": 10.586568,
        "fair_value": 11.210039,
        "relative_strength": 3.232518,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.131983,
        "energy": 60.83348,
        "activity_lines": [
          12.192235,
          11.838899,
          11.127138,
          10.84505
        ]
      },
      {
        "date": "2025-08-29",
        "close": 11.472619,
        "volume": 33234592,
        "typical_volume": 24625583.75,
        "trend": 10.632032,
        "fair_value": 11.211744,
        "relative_strength": -3.634534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.861458,
        "energy": 45.443232,
        "activity_lines": [
          11.962117,
          11.850082,
          11.209168,
          10.902215
        ]
      },
      {
        "date": "2025-09-05",
        "close": 11.013714,
        "volume": 25070059,
        "typical_volume": 25156603.45,
        "trend": 10.652591,
        "fair_value": 11.210467,
        "relative_strength": -6.468469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.620638,
        "energy": 29.312434,
        "activity_lines": [
          11.609625,
          11.749594,
          11.238632,
          10.926839
        ]
      },
      {
        "date": "2025-09-12",
        "close": 11.153381,
        "volume": 21364913,
        "typical_volume": 25467499.8,
        "trend": 10.670848,
        "fair_value": 11.210101,
        "relative_strength": -6.763202,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.066797,
        "energy": 21.460059,
        "activity_lines": [
          11.394805,
          11.658357,
          11.275288,
          10.959148
        ]
      },
      {
        "date": "2025-09-19",
        "close": 10.784262,
        "volume": 20120531,
        "typical_volume": 25989680.7,
        "trend": 10.672825,
        "fair_value": 11.202648,
        "relative_strength": -8.686291,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.273375,
        "energy": 21.910906,
        "activity_lines": [
          11.113476,
          11.491483,
          11.271106,
          10.966465
        ]
      },
      {
        "date": "2025-09-26",
        "close": 10.634619,
        "volume": 15328318,
        "typical_volume": 26018537.8,
        "trend": 10.677765,
        "fair_value": 11.196249,
        "relative_strength": -10.160126,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.958994,
        "energy": 19.825718,
        "activity_lines": [
          10.884689,
          11.299033,
          11.247277,
          10.964
        ]
      },
      {
        "date": "2025-10-03",
        "close": 10.894,
        "volume": 5664345,
        "typical_volume": 25593421.3,
        "trend": 10.694334,
        "fair_value": 11.192268,
        "relative_strength": -9.213093,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.334823,
        "energy": 17.178567,
        "activity_lines": [
          10.845449,
          11.172971,
          11.242618,
          10.977951
        ]
      },
      {
        "date": "2025-10-10",
        "close": 10.714428,
        "volume": 8644762,
        "typical_volume": 25092041.0,
        "trend": 10.701272,
        "fair_value": 11.191478,
        "relative_strength": -11.000821,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.211003,
        "energy": 15.921569,
        "activity_lines": [
          10.784927,
          11.033122,
          11.214609,
          10.979247
        ]
      },
      {
        "date": "2025-10-17",
        "close": 10.445071,
        "volume": 16560772,
        "typical_volume": 25004918.3,
        "trend": 10.703539,
        "fair_value": 11.192171,
        "relative_strength": -11.840484,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -22.694551,
        "energy": 25.404933,
        "activity_lines": [
          10.654571,
          10.874592,
          11.156074,
          10.962718
        ]
      },
      {
        "date": "2025-10-24",
        "close": 10.66,
        "volume": 17424702,
        "typical_volume": 24875632.05,
        "trend": 10.702699,
        "fair_value": 11.195814,
        "relative_strength": -12.371487,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -16.220369,
        "energy": 25.763238,
        "activity_lines": [
          10.643079,
          10.783435,
          11.115366,
          10.959909
        ]
      },
      {
        "date": "2025-10-31",
        "close": 10.98,
        "volume": 22011668,
        "typical_volume": 24891590.4,
        "trend": 10.699273,
        "fair_value": 11.198237,
        "relative_strength": -9.572053,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 4.255029,
        "energy": 15.109338,
        "activity_lines": [
          10.746538,
          10.780653,
          11.10284,
          10.9778
        ]
      },
      {
        "date": "2025-11-07",
        "close": 10.73,
        "volume": 16864354,
        "typical_volume": 25169392.45,
        "trend": 10.73655,
        "fair_value": 11.189932,
        "relative_strength": -12.142644,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.248696,
        "energy": 10.924076,
        "activity_lines": [
          10.743638,
          10.754251,
          11.063491,
          10.979782
        ]
      },
      {
        "date": "2025-11-14",
        "close": 11.28,
        "volume": 22604438,
        "typical_volume": 25609084.15,
        "trend": 10.788184,
        "fair_value": 11.186978,
        "relative_strength": -7.153454,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.78106,
        "energy": 15.564729,
        "activity_lines": [
          10.935005,
          10.841351,
          11.072665,
          11.014843
        ]
      },
      {
        "date": "2025-11-21",
        "close": 10.11,
        "volume": 19411184,
        "typical_volume": 25653689.4,
        "trend": 10.793197,
        "fair_value": 11.170924,
        "relative_strength": -13.055715,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -37.260335,
        "energy": 18.354071,
        "activity_lines": [
          10.698667,
          10.710883,
          10.964914,
          10.97109
        ]
      },
      {
        "date": "2025-11-28",
        "close": 10.5,
        "volume": 14370907,
        "typical_volume": 25201482.5,
        "trend": 10.821482,
        "fair_value": 11.154978,
        "relative_strength": -10.640089,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -26.074465,
        "energy": 20.798235,
        "activity_lines": [
          10.614667,
          10.670294,
          10.897043,
          10.952174
        ]
      },
      {
        "date": "2025-12-05",
        "close": 10.33,
        "volume": 10416090,
        "typical_volume": 24033242.2,
        "trend": 10.850063,
        "fair_value": 11.141278,
        "relative_strength": -12.117059,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.014024,
        "energy": 36.724322,
        "activity_lines": [
          10.484667,
          10.603965,
          10.814761,
          10.920465
        ]
      },
      {
        "date": "2025-12-12",
        "close": 10.0,
        "volume": 10423270,
        "typical_volume": 21990465.7,
        "trend": 10.864,
        "fair_value": 11.133832,
        "relative_strength": -14.148769,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -44.094461,
        "energy": 58.989772,
        "activity_lines": [
          10.288,
          10.483174,
          10.707538,
          10.865622
        ]
      },
      {
        "date": "2025-12-19",
        "close": 10.0,
        "volume": 9815271,
        "typical_volume": 19329999.6,
        "trend": 10.874293,
        "fair_value": 11.123868,
        "relative_strength": -13.769435,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.968622,
        "energy": 68.513841,
        "activity_lines": [
          10.14,
          10.378638,
          10.609512,
          10.80988
        ]
      },
      {
        "date": "2025-12-26",
        "close": 9.89,
        "volume": 10074007,
        "typical_volume": 18191211.85,
        "trend": 10.874292,
        "fair_value": 11.062354,
        "relative_strength": -15.971155,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.705966,
        "energy": 72.849812,
        "activity_lines": [
          10.040667,
          10.267091,
          10.512345,
          10.746378
        ]
      },
      {
        "date": "2026-01-02",
        "close": 9.7,
        "volume": 5598787,
        "typical_volume": 17128110.45,
        "trend": 10.85835,
        "fair_value": 10.964005,
        "relative_strength": -17.410614,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.029203,
        "energy": 76.795508,
        "activity_lines": [
          9.892667,
          10.131091,
          10.407138,
          10.670617
        ]
      },
      {
        "date": "2026-01-09",
        "close": 10.29,
        "volume": 15894684,
        "typical_volume": 16044882.7,
        "trend": 10.856442,
        "fair_value": 10.90839,
        "relative_strength": -15.308309,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.876734,
        "energy": 53.768092,
        "activity_lines": [
          9.994667,
          10.119818,
          10.3706,
          10.633949
        ]
      },
      {
        "date": "2026-01-16",
        "close": 10.51,
        "volume": 29871742,
        "typical_volume": 15876740.2,
        "trend": 10.876114,
        "fair_value": 10.870358,
        "relative_strength": -12.834709,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.298821,
        "energy": 31.46207,
        "activity_lines": [
          10.172667,
          10.161091,
          10.364018,
          10.611598
        ]
      },
      {
        "date": "2026-01-23",
        "close": 10.67,
        "volume": 13767347,
        "typical_volume": 15311604.6,
        "trend": 10.894253,
        "fair_value": 10.834736,
        "relative_strength": -11.934469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.258973,
        "energy": 17.654734,
        "activity_lines": [
          10.37,
          10.235455,
          10.377259,
          10.5983
        ]
      },
      {
        "date": "2026-01-30",
        "close": 10.27,
        "volume": 20942057,
        "typical_volume": 15290461.8,
        "trend": 10.880436,
        "fair_value": 10.795857,
        "relative_strength": -14.51533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.813459,
        "energy": 21.588527,
        "activity_lines": [
          10.389333,
          10.248182,
          10.354041,
          10.558026
        ]
      },
      {
        "date": "2026-02-06",
        "close": 10.41,
        "volume": 14169243,
        "typical_volume": 14992897.4,
        "trend": 10.864968,
        "fair_value": 10.758631,
        "relative_strength": -11.893281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.594595,
        "energy": 19.745071,
        "activity_lines": [
          10.43,
          10.283455,
          10.348363,
          10.527675
        ]
      },
      {
        "date": "2026-02-13",
        "close": 10.21,
        "volume": 11609888,
        "typical_volume": 14806975.9,
        "trend": 10.815565,
        "fair_value": 10.718865,
        "relative_strength": -13.553087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.423391,
        "energy": 16.893268,
        "activity_lines": [
          10.356667,
          10.284,
          10.325419,
          10.485419
        ]
      },
      {
        "date": "2026-02-27",
        "close": 10.28,
        "volume": 6887071,
        "typical_volume": 14868112.2,
        "trend": 10.760514,
        "fair_value": 10.687413,
        "relative_strength": -14.248468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.125923,
        "energy": 18.492187,
        "activity_lines": [
          10.312,
          10.299455,
          10.311165,
          10.450867
        ]
      },
      {
        "date": "2026-03-06",
        "close": 9.74,
        "volume": 14770345,
        "typical_volume": 15174391.35,
        "trend": 10.672499,
        "fair_value": 10.63639,
        "relative_strength": -17.552514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.395131,
        "energy": 40.704597,
        "activity_lines": [
          10.102667,
          10.211636,
          10.248405,
          10.385027
        ]
      },
      {
        "date": "2026-03-13",
        "close": 9.72,
        "volume": 7739448,
        "typical_volume": 14733325.15,
        "trend": 10.596454,
        "fair_value": 10.599146,
        "relative_strength": -16.747775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.964204,
        "energy": 59.509526,
        "activity_lines": [
          9.948667,
          10.124909,
          10.188381,
          10.323575
        ]
      },
      {
        "date": "2026-03-20",
        "close": 9.43,
        "volume": 8497319,
        "typical_volume": 14286956.0,
        "trend": 10.500101,
        "fair_value": 10.56319,
        "relative_strength": -16.016305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.39168,
        "energy": 73.46779,
        "activity_lines": [
          9.734667,
          9.988545,
          10.10419,
          10.24832
        ]
      },
      {
        "date": "2026-03-27",
        "close": 9.48,
        "volume": 9402201,
        "typical_volume": 13656482.65,
        "trend": 10.41007,
        "fair_value": 10.528561,
        "relative_strength": -14.251734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.787557,
        "energy": 75.022702,
        "activity_lines": [
          9.602667,
          9.866182,
          10.030619,
          10.182507
        ]
      },
      {
        "date": "2026-04-03",
        "close": 9.51,
        "volume": 11622380,
        "typical_volume": 13394383.95,
        "trend": 10.344649,
        "fair_value": 10.499284,
        "relative_strength": -12.797123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.918289,
        "energy": 69.280223,
        "activity_lines": [
          9.529333,
          9.764,
          9.967048,
          10.124438
        ]
      },
      {
        "date": "2026-04-10",
        "close": 9.53,
        "volume": 12823167,
        "typical_volume": 12905320.4,
        "trend": 10.295192,
        "fair_value": 10.470198,
        "relative_strength": -14.398234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.543759,
        "energy": 58.567171,
        "activity_lines": [
          9.514,
          9.683636,
          9.91119,
          10.07188
        ]
      },
      {
        "date": "2026-04-17",
        "close": 9.39,
        "volume": 12409919,
        "typical_volume": 12555257.15,
        "trend": 10.236413,
        "fair_value": 10.439019,
        "relative_strength": -16.639741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.789552,
        "energy": 47.911281,
        "activity_lines": [
          9.466,
          9.598545,
          9.850333,
          10.013481
        ]
      },
      {
        "date": "2026-04-24",
        "close": 9.087932,
        "volume": 9428720,
        "typical_volume": 12308147.8,
        "trend": 10.179868,
        "fair_value": 10.402695,
        "relative_strength": -19.471027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.184404,
        "energy": 54.012277,
        "activity_lines": [
          9.339311,
          9.474533,
          9.764136,
          9.939385
        ]
      },
      {
        "date": "2026-05-01",
        "close": 9.287666,
        "volume": 6729471,
        "typical_volume": 12123816.85,
        "trend": 10.13497,
        "fair_value": 10.356512,
        "relative_strength": -17.910764,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.986468,
        "energy": 47.013195,
        "activity_lines": [
          9.302004,
          9.410874,
          9.703686,
          9.881824
        ]
      },
      {
        "date": "2026-05-08",
        "close": 9.497388,
        "volume": 10275709,
        "typical_volume": 12116438.8,
        "trend": 10.088416,
        "fair_value": 10.312241,
        "relative_strength": -17.029306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.824592,
        "energy": 43.499478,
        "activity_lines": [
          9.347427,
          9.402115,
          9.668172,
          9.84069
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9.177812,
        "volume": 10698832,
        "typical_volume": 12160616.85,
        "trend": 10.037196,
        "fair_value": 10.268312,
        "relative_strength": -18.605584,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.062895,
        "energy": 44.844295,
        "activity_lines": [
          9.287165,
          9.349481,
          9.604616,
          9.781941
        ]
      },
      {
        "date": "2026-05-22",
        "close": 8.898183,
        "volume": 8892718,
        "typical_volume": 12101552.4,
        "trend": 9.985633,
        "fair_value": 10.241972,
        "relative_strength": -20.270504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.26089,
        "energy": 48.056776,
        "activity_lines": [
          9.157173,
          9.256227,
          9.518344,
          9.708456
        ]
      },
      {
        "date": "2026-05-29",
        "close": 8.5087,
        "volume": 9870078,
        "typical_volume": 12315116.95,
        "trend": 9.913923,
        "fair_value": 10.214017,
        "relative_strength": -22.488569,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.081996,
        "energy": 63.250182,
        "activity_lines": [
          8.930141,
          9.1071,
          9.399702,
          9.61317
        ]
      },
      {
        "date": "2026-06-05",
        "close": 8.049311,
        "volume": 1438519,
        "typical_volume": 11592308.7,
        "trend": 9.816233,
        "fair_value": 10.177516,
        "relative_strength": -25.421903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.783473,
        "energy": 87.868029,
        "activity_lines": [
          8.588594,
          8.891199,
          9.24298,
          9.492873
        ]
      },
      {
        "date": "2026-06-12",
        "close": 7.939456,
        "volume": 1556993,
        "typical_volume": 10176571.25,
        "trend": 9.723215,
        "fair_value": 10.141507,
        "relative_strength": -25.957507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.592832,
        "energy": 92.330444,
        "activity_lines": [
          8.292987,
          8.681337,
          9.086467,
          9.37179
        ]
      },
      {
        "date": "2026-06-19",
        "close": 7.569947,
        "volume": 11849743,
        "typical_volume": 10080691.05,
        "trend": 9.599547,
        "fair_value": 10.10552,
        "relative_strength": -29.805381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.994183,
        "energy": 94.340547,
        "activity_lines": [
          7.978072,
          8.432846,
          8.907002,
          9.23287
        ]
      },
      {
        "date": "2026-06-26",
        "close": 7.26,
        "volume": 1946832,
        "typical_volume": 9130929.8,
        "trend": 9.504547,
        "fair_value": 10.070567,
        "relative_strength": -31.044443,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.049184,
        "energy": 95.250074,
        "activity_lines": [
          7.667032,
          8.163639,
          8.712781,
          9.081931
        ]
      },
      {
        "date": "2026-07-03",
        "close": 9.41,
        "volume": 13663647,
        "typical_volume": 9105650.0,
        "trend": 9.468213,
        "fair_value": 10.049711,
        "relative_strength": -10.571286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.017458,
        "energy": 49.190823,
        "activity_lines": [
          8.181871,
          8.324068,
          8.737656,
          9.075831
        ]
      },
      {
        "date": "2026-07-10",
        "close": 8.91,
        "volume": 43477830,
        "typical_volume": 10699047.1,
        "trend": 9.42088,
        "fair_value": 10.027223,
        "relative_strength": -13.777001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.941869,
        "energy": 32.945745,
        "activity_lines": [
          8.469957,
          8.387732,
          8.719673,
          9.039818
        ]
      },
      {
        "date": "2026-07-17",
        "close": 8.91,
        "volume": 45112442,
        "typical_volume": 12610315.65,
        "trend": 9.384546,
        "fair_value": 10.004105,
        "relative_strength": -7.962365,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.496347,
        "energy": 22.144529,
        "activity_lines": [
          8.700663,
          8.458263,
          8.70788,
          9.006858
        ]
      },
      {
        "date": "2026-07-24",
        "close": 8.17,
        "volume": 28709799,
        "typical_volume": 13307288.35,
        "trend": 9.323546,
        "fair_value": 9.977113,
        "relative_strength": -15.981063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.568813,
        "energy": 28.650955,
        "activity_lines": [
          8.62,
          8.404929,
          8.632136,
          8.9285
        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.26,
        "volume": 17502949,
        "typical_volume": 13795463.4,
        "trend": 9.269213,
        "fair_value": 9.950065,
        "relative_strength": -14.706516,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.133681,
        "energy": 19.354197,
        "activity_lines": [
          8.529333,
          8.386281,
          8.572439,
          8.859884
        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.29,
        "volume": 49352251,
        "typical_volume": 15838210.0,
        "trend": 9.255547,
        "fair_value": 9.92867,
        "relative_strength": -5.892684,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.023733,
        "energy": 10.223004,
        "activity_lines": [
          8.715333,
          8.56651,
          8.617789,
          8.861225
        ]
      }
    ],
    "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."
    }
  }
}