{
  "ticker": {
    "uuid": "0044215c-a86a-4a20-a732-ebbb0cba549e",
    "symbol": "SUNCLAY",
    "name": "Sundaram-Clayton Limited",
    "exchange": "NSI",
    "country": "IN",
    "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": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 80.683,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": -27.888,
    "architecture_energy": 38.6,
    "architecture_maturity": 23.398,
    "architecture_confidence": 69.59,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 45.96,
        "rotation_up": 20.5,
        "upward_expansion": 24.77,
        "deceleration": 48.14,
        "rotation_down": 54.05,
        "downward_expansion": 47.44
      },
      "activity_lines": [
        1294.559969,
        1319.345428,
        1345.298295,
        1344.444892
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 1241.599976,
    "trend_reference": 1331.44327,
    "distance_from_trend": -0.067478,
    "trend_direction": "Improving",
    "fair_value": 1738.958643,
    "distance_from_fair_value": -0.286009,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.074592,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.055325,
    "excess_performance": -0.011616,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.067478,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.015408,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.286009,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.124105,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.100746,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.076007,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.055325,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.098664,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 23050,
      "relative_activity": 0.517766,
      "balance": 0.098664,
      "dry_up": 1.258779,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.071905,
      "annualized_volatility": 0.324714,
      "from_high_reference": -0.358331,
      "from_low_reference": 0.119807
    },
    "levels": {
      "trend_reference": 1331.44327,
      "fair_value_reference": 1738.958643,
      "structural_low": 1178.508713,
      "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": 4,
        "median_return": -0.036529,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.013362,
        "regime_survival": 0.75,
        "best_return": 0.138447,
        "worst_return": -0.077563,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.008688,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.053012,
        "regime_survival": 0.0,
        "best_return": 0.008688,
        "worst_return": 0.008688,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-04",
        "end": "2026-02-27",
        "tenure": "Extended",
        "return": -0.313984,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-06",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.1213,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.048475,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.077246,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.091268,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-12-29",
        "close": 1497.664429,
        "volume": 157065,
        "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": 1566.516968,
        "volume": 253108,
        "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": 1591.283813,
        "volume": 336209,
        "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": 1554.331421,
        "volume": 33477,
        "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": 1512.871338,
        "volume": 52966,
        "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": 1523.52124,
        "volume": 196437,
        "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": 1525.651245,
        "volume": 70790,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1484.884644,
        "volume": 76893,
        "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": 1491.869019,
        "volume": 50432,
        "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": 1467.250488,
        "volume": 37147,
        "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": 1389.184692,
        "volume": 12839,
        "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": 1247.814331,
        "volume": 1494530,
        "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": 1343.71228,
        "volume": 113774,
        "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": 1390.670654,
        "volume": 49272,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1458.911255,
        "volume": 56416,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1564.638794,
        "volume": 61400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1562.103882,
        "volume": 43251,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1556.238403,
        "volume": 158893,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1686.02417,
        "volume": 81363,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1643.375244,
        "volume": 116507,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1582.384399,
        "volume": 57068,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1537.846558,
        "volume": 22234,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1531.135986,
        "volume": 36585,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1526.264771,
        "volume": 42793,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1583.925293,
        "volume": 32807,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1559.866943,
        "volume": 22865,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1534.168213,
        "volume": 31606,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1729.617676,
        "volume": 251102,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1730.611816,
        "volume": 208511,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1668.875122,
        "volume": 75427,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1938.23938,
        "volume": 248603,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1888.283569,
        "volume": 65945,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1781.710815,
        "volume": 86901,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1682.047607,
        "volume": 51576,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1697.655762,
        "volume": 49939,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1733.892334,
        "volume": 47736,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1769.33374,
        "volume": 119049,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2225.945557,
        "volume": 393286,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2381.529785,
        "volume": 320313,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2199.94873,
        "volume": 90683,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2333.313721,
        "volume": 118607,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2355.383789,
        "volume": 152837,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2202.086182,
        "volume": 248108,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2122.604004,
        "volume": 93182,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2289.869385,
        "volume": 54380,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2388.98584,
        "volume": 60046,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2260.045166,
        "volume": 106352,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2156.75293,
        "volume": 28732,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2356.42749,
        "volume": 56452,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2586.125244,
        "volume": 99205,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2609.189453,
        "volume": 84704,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2399.076416,
        "volume": 31154,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2535.920898,
        "volume": 18430,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2622.461182,
        "volume": 31765,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2789.478027,
        "volume": 122344,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2780.530762,
        "volume": 64097,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2239.86377,
        "volume": 130983,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2154.814453,
        "volume": 135929,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2353.544434,
        "volume": 56182,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2443.514648,
        "volume": 85790,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2422.83667,
        "volume": 106296,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1935.008423,
        "volume": 242816,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2127.326416,
        "volume": 180285,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2059.426025,
        "volume": 68868,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2227.188477,
        "volume": 59934,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2199.14209,
        "volume": 85537,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2092.331055,
        "volume": 43267,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2103.988525,
        "volume": 43995,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2087.797607,
        "volume": 34139,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2084.908203,
        "volume": 48492,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1944.021118,
        "volume": 38928,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2022.634888,
        "volume": 214637,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2347.153076,
        "volume": 748569,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2388.901367,
        "volume": 135849,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2468.51123,
        "volume": 66670,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2204.970947,
        "volume": 40459,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2209.45459,
        "volume": 42253,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2070.859131,
        "volume": 22997,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2055.116699,
        "volume": 44102,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2064.880859,
        "volume": 42118,
        "typical_volume": 115510.55,
        "trend": 2268.161715,
        "fair_value": 1955.478094,
        "relative_strength": -10.493608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.140806,
        "energy": 33.96697,
        "activity_lines": [
          2092.088574,
          2169.7573,
          2159.345278,
          2192.037022
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2008.386719,
        "volume": 21905,
        "typical_volume": 111291.0,
        "trend": 2248.134957,
        "fair_value": 1956.131287,
        "relative_strength": -12.037635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.866874,
        "energy": 53.685992,
        "activity_lines": [
          2054.531999,
          2138.982087,
          2145.30374,
          2175.277345
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1975.008301,
        "volume": 61515,
        "typical_volume": 102225.95,
        "trend": 2233.999353,
        "fair_value": 1956.361495,
        "relative_strength": -13.074725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.460838,
        "energy": 63.237583,
        "activity_lines": [
          2018.954899,
          2100.967787,
          2130.056876,
          2157.65627
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1945.117065,
        "volume": 30306,
        "typical_volume": 94727.0,
        "trend": 2214.305892,
        "fair_value": 1956.22602,
        "relative_strength": -13.942311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.180424,
        "energy": 63.808803,
        "activity_lines": [
          1989.043807,
          2058.384655,
          2111.772752,
          2139.018703
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1933.658813,
        "volume": 18563,
        "typical_volume": 92211.75,
        "trend": 2191.345813,
        "fair_value": 1955.957363,
        "relative_strength": -13.545616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.727919,
        "energy": 63.401439,
        "activity_lines": [
          1963.696102,
          2021.02795,
          2093.26503,
          2120.91244
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1709.873779,
        "volume": 209914,
        "typical_volume": 99710.75,
        "trend": 2155.359005,
        "fair_value": 1953.062262,
        "relative_strength": -22.869269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.57518,
        "energy": 79.139944,
        "activity_lines": [
          1871.850578,
          1951.260194,
          2054.043338,
          2089.849728
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1651.984497,
        "volume": 31426,
        "typical_volume": 97005.2,
        "trend": 2117.740796,
        "fair_value": 1949.561357,
        "relative_strength": -26.268475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.624909,
        "energy": 90.29152,
        "activity_lines": [
          1784.375765,
          1884.760522,
          2011.771785,
          2057.373953
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1659.258057,
        "volume": 215383,
        "typical_volume": 105611.0,
        "trend": 2098.387272,
        "fair_value": 1946.224538,
        "relative_strength": -26.628965,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.971208,
        "energy": 89.284018,
        "activity_lines": [
          1723.08562,
          1829.637615,
          1972.798465,
          2027.794422
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1646.404907,
        "volume": 67240,
        "typical_volume": 106773.25,
        "trend": 2081.440287,
        "fair_value": 1942.817497,
        "relative_strength": -25.855764,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.214177,
        "energy": 88.850426,
        "activity_lines": [
          1678.561108,
          1782.181345,
          1934.663287,
          1998.634269
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1665.734497,
        "volume": 43325,
        "typical_volume": 107232.55,
        "trend": 2058.513289,
        "fair_value": 1939.704204,
        "relative_strength": -25.877135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.542243,
        "energy": 86.433389,
        "activity_lines": [
          1660.393937,
          1745.956896,
          1900.547992,
          1971.814541
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1730.897095,
        "volume": 58095,
        "typical_volume": 107712.7,
        "trend": 2034.759371,
        "fair_value": 1937.384125,
        "relative_strength": -23.817179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.914566,
        "energy": 67.856806,
        "activity_lines": [
          1681.809253,
          1728.659868,
          1874.648483,
          1950.678012
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1782.110718,
        "volume": 420612,
        "typical_volume": 126796.9,
        "trend": 2013.401839,
        "fair_value": 1935.677824,
        "relative_strength": -21.857869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.662089,
        "energy": 51.556509,
        "activity_lines": [
          1718.894222,
          1726.74684,
          1855.31223,
          1934.378099
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1664.837769,
        "volume": 77245,
        "typical_volume": 119927.3,
        "trend": 2004.396151,
        "fair_value": 1932.733911,
        "relative_strength": -24.743969,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.820843,
        "energy": 44.980336,
        "activity_lines": [
          1708.213127,
          1707.625566,
          1825.578126,
          1911.890095
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1696.72168,
        "volume": 21490,
        "typical_volume": 83573.35,
        "trend": 1990.042659,
        "fair_value": 1930.196145,
        "relative_strength": -23.629576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.124492,
        "energy": 38.210493,
        "activity_lines": [
          1707.788021,
          1699.940832,
          1800.58438,
          1892.040129
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1567.09375,
        "volume": 143760,
        "typical_volume": 83968.9,
        "trend": 1973.631584,
        "fair_value": 1926.333353,
        "relative_strength": -30.067364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.477377,
        "energy": 50.359305,
        "activity_lines": [
          1660.799154,
          1673.203662,
          1766.34241,
          1864.753102
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1507.21167,
        "volume": 95541,
        "typical_volume": 85412.45,
        "trend": 1949.632357,
        "fair_value": 1921.921546,
        "relative_strength": -33.41708,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.291123,
        "energy": 58.277201,
        "activity_lines": [
          1600.425643,
          1642.243661,
          1730.310754,
          1834.661495
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1506.613892,
        "volume": 37985,
        "typical_volume": 85288.75,
        "trend": 1926.548083,
        "fair_value": 1917.595425,
        "relative_strength": -33.235239,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.28561,
        "energy": 69.472906,
        "activity_lines": [
          1554.765235,
          1614.859739,
          1698.799784,
          1806.079659
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1489.177368,
        "volume": 52639,
        "typical_volume": 85808.05,
        "trend": 1906.442961,
        "fair_value": 1913.178744,
        "relative_strength": -33.287851,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.988987,
        "energy": 75.587031,
        "activity_lines": [
          1521.659107,
          1586.948642,
          1668.953703,
          1777.862193
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1474.929321,
        "volume": 41476,
        "typical_volume": 86732.0,
        "trend": 1885.47432,
        "fair_value": 1908.706811,
        "relative_strength": -32.718153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.962649,
        "energy": 80.059296,
        "activity_lines": [
          1495.514323,
          1559.539367,
          1641.180556,
          1750.022603
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1250.645874,
        "volume": 321338,
        "typical_volume": 100593.8,
        "trend": 1857.569263,
        "fair_value": 1902.059731,
        "relative_strength": -43.263014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.051588,
        "energy": 87.288619,
        "activity_lines": [
          1409.394547,
          1494.469021,
          1594.884842,
          1709.06593
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1212.584595,
        "volume": 256217,
        "typical_volume": 111298.75,
        "trend": 1828.491809,
        "fair_value": 1895.164979,
        "relative_strength": -44.777874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.149402,
        "energy": 90.385235,
        "activity_lines": [
          1331.684204,
          1430.025508,
          1548.795057,
          1667.454015
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1316.107666,
        "volume": 246870,
        "typical_volume": 122547.0,
        "trend": 1807.561361,
        "fair_value": 1889.431739,
        "relative_strength": -39.719031,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.080135,
        "energy": 82.235313,
        "activity_lines": [
          1308.123356,
          1393.828236,
          1516.623167,
          1634.396974
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1225.138794,
        "volume": 87597,
        "typical_volume": 123851.1,
        "trend": 1780.978158,
        "fair_value": 1882.919063,
        "relative_strength": -43.088293,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.439554,
        "energy": 82.625149,
        "activity_lines": [
          1266.939966,
          1349.563952,
          1479.084141,
          1596.821325
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1266.886841,
        "volume": 48181,
        "typical_volume": 124744.85,
        "trend": 1744.969283,
        "fair_value": 1876.938167,
        "relative_strength": -40.038368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.295231,
        "energy": 67.719118,
        "activity_lines": [
          1257.275163,
          1320.884748,
          1449.091927,
          1563.654143
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1234.205811,
        "volume": 20232,
        "typical_volume": 124828.3,
        "trend": 1706.479431,
        "fair_value": 1870.758048,
        "relative_strength": -40.641521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.951045,
        "energy": 64.070526,
        "activity_lines": [
          1250.586182,
          1294.078718,
          1419.216901,
          1530.701661
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1226.533813,
        "volume": 26316,
        "typical_volume": 115648.4,
        "trend": 1665.080184,
        "fair_value": 1864.62258,
        "relative_strength": -40.331309,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.187041,
        "energy": 64.231389,
        "activity_lines": [
          1242.435872,
          1271.930287,
          1391.941938,
          1499.737427
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1251.243896,
        "volume": 32548,
        "typical_volume": 115704.5,
        "trend": 1633.289282,
        "fair_value": 1858.835988,
        "relative_strength": -38.871756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.22894,
        "energy": 58.092533,
        "activity_lines": [
          1241.592309,
          1259.377832,
          1369.321934,
          1473.038312
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1257.421265,
        "volume": 118752,
        "typical_volume": 110872.95,
        "trend": 1601.554838,
        "fair_value": 1853.21529,
        "relative_strength": -35.915603,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.223785,
        "energy": 54.364788,
        "activity_lines": [
          1247.132121,
          1252.591626,
          1349.19854,
          1448.788762
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1211.588135,
        "volume": 60468,
        "typical_volume": 110534.35,
        "trend": 1572.912472,
        "fair_value": 1847.274298,
        "relative_strength": -37.127785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.614139,
        "energy": 51.550479,
        "activity_lines": [
          1235.242057,
          1241.685871,
          1326.623595,
          1423.62962
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1154.994263,
        "volume": 133177,
        "typical_volume": 115026.95,
        "trend": 1542.90839,
        "fair_value": 1840.923105,
        "relative_strength": -37.706778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.805104,
        "energy": 52.992707,
        "activity_lines": [
          1208.17395,
          1225.278343,
          1300.729313,
          1396.667155
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1236.098877,
        "volume": 165023,
        "typical_volume": 120373.35,
        "trend": 1515.282324,
        "fair_value": 1835.424703,
        "relative_strength": -33.306297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.496302,
        "energy": 44.210354,
        "activity_lines": [
          1213.421485,
          1225.356228,
          1284.991377,
          1376.872993
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1314.314087,
        "volume": 120611,
        "typical_volume": 105373.3,
        "trend": 1492.14657,
        "fair_value": 1830.730012,
        "relative_strength": -29.209253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.086715,
        "energy": 32.403197,
        "activity_lines": [
          1244.103084,
          1239.227528,
          1279.05869,
          1363.9073
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1312.81958,
        "volume": 68904,
        "typical_volume": 104956.25,
        "trend": 1470.073613,
        "fair_value": 1826.105812,
        "relative_strength": -27.611714,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.667026,
        "energy": 24.972752,
        "activity_lines": [
          1270.081836,
          1252.85971,
          1275.211272,
          1352.337817
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1349.486084,
        "volume": 62108,
        "typical_volume": 106987.15,
        "trend": 1450.219246,
        "fair_value": 1821.887938,
        "relative_strength": -24.794455,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.668195,
        "energy": 19.509359,
        "activity_lines": [
          1304.589535,
          1271.564333,
          1276.532179,
          1344.557977
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1416.54187,
        "volume": 85181,
        "typical_volume": 104058.2,
        "trend": 1432.982015,
        "fair_value": 1818.332271,
        "relative_strength": -19.135172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 2.862471,
        "energy": 16.809189,
        "activity_lines": [
          1352.255965,
          1300.959113,
          1285.892854,
          1342.385243
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1327.565918,
        "volume": 28970,
        "typical_volume": 100729.65,
        "trend": 1420.23842,
        "fair_value": 1814.064738,
        "relative_strength": -21.084135,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.612584,
        "energy": 17.251029,
        "activity_lines": [
          1352.827238,
          1310.861246,
          1287.496543,
          1335.584204
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1229.124268,
        "volume": 72773,
        "typical_volume": 102469.05,
        "trend": 1406.143079,
        "fair_value": 1809.022147,
        "relative_strength": -21.987888,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.628886,
        "energy": 15.604276,
        "activity_lines": [
          1314.486825,
          1301.02795,
          1280.580293,
          1323.254259
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1285.020752,
        "volume": 373189,
        "typical_volume": 118496.55,
        "trend": 1393.668502,
        "fair_value": 1804.543503,
        "relative_strength": -17.382145,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.188143,
        "energy": 11.282039,
        "activity_lines": [
          1300.457894,
          1301.759826,
          1280.308896,
          1315.439915
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1278.544312,
        "volume": 99714,
        "typical_volume": 121408.45,
        "trend": 1381.406482,
        "fair_value": 1800.085883,
        "relative_strength": -15.834828,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.201429,
        "energy": 18.136644,
        "activity_lines": [
          1286.123405,
          1300.812358,
          1280.39287,
          1308.012548
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1250.300049,
        "volume": 58485,
        "typical_volume": 108265.8,
        "trend": 1367.558667,
        "fair_value": 1795.465834,
        "relative_strength": -16.431789,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.430192,
        "energy": 22.894276,
        "activity_lines": [
          1267.103614,
          1293.512185,
          1278.722081,
          1299.554069
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1290.599976,
        "volume": 35410,
        "typical_volume": 97225.45,
        "trend": 1352.882096,
        "fair_value": 1791.258618,
        "relative_strength": -17.609255,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.802039,
        "energy": 17.56116,
        "activity_lines": [
          1272.599919,
          1291.806439,
          1280.891027,
          1294.588992
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1451.800049,
        "volume": 66872,
        "typical_volume": 88225.55,
        "trend": 1341.871741,
        "fair_value": 1788.453175,
        "relative_strength": -7.710532,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.859311,
        "energy": 5.835912,
        "activity_lines": [
          1334.293978,
          1318.418868,
          1298.040859,
          1300.970795
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1488.599976,
        "volume": 69776,
        "typical_volume": 87334.5,
        "trend": 1335.997148,
        "fair_value": 1785.995362,
        "relative_strength": -2.860367,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.168384,
        "energy": 40.767392,
        "activity_lines": [
          1393.409628,
          1349.222448,
          1318.049292,
          1310.437133
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1423.400024,
        "volume": 62563,
        "typical_volume": 88053.6,
        "trend": 1326.886426,
        "fair_value": 1783.047433,
        "relative_strength": -6.927427,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 25.432,
        "energy": 43.863469,
        "activity_lines": [
          1417.220011,
          1364.975484,
          1330.593628,
          1316.076028
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1492.400024,
        "volume": 21771,
        "typical_volume": 88130.55,
        "trend": 1324.396635,
        "fair_value": 1780.703502,
        "relative_strength": -2.473895,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 64.343163,
        "energy": 66.733926,
        "activity_lines": [
          1454.373348,
          1391.930085,
          1348.964092,
          1326.754325
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1451.199951,
        "volume": 140046,
        "typical_volume": 93817.05,
        "trend": 1322.529578,
        "fair_value": 1778.067474,
        "relative_strength": -2.064752,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.134711,
        "energy": 61.624606,
        "activity_lines": [
          1461.653328,
          1410.014524,
          1362.181244,
          1334.935184
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1338.300049,
        "volume": 42490,
        "typical_volume": 94314.15,
        "trend": 1316.919116,
        "fair_value": 1774.577256,
        "relative_strength": -8.862338,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.604596,
        "energy": 32.974146,
        "activity_lines": [
          1420.593343,
          1405.323817,
          1363.576185,
          1335.952634
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1318.800049,
        "volume": 29377,
        "typical_volume": 89845.4,
        "trend": 1311.239872,
        "fair_value": 1770.988459,
        "relative_strength": -8.290234,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 32.744626,
        "energy": 17.886162,
        "activity_lines": [
          1380.600024,
          1395.102641,
          1362.69943,
          1336.073984
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1339.099976,
        "volume": 3686,
        "typical_volume": 87006.3,
        "trend": 1306.712227,
        "fair_value": 1767.61433,
        "relative_strength": -5.235521,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.388222,
        "energy": 17.976871,
        "activity_lines": [
          1358.693343,
          1387.958192,
          1363.463721,
          1337.87141
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1366.300049,
        "volume": 7402,
        "typical_volume": 80717.55,
        "trend": 1310.567367,
        "fair_value": 1764.503367,
        "relative_strength": -3.390122,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.494894,
        "energy": 19.372838,
        "activity_lines": [
          1351.473356,
          1384.658199,
          1366.211297,
          1341.715786
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1339.5,
        "volume": 3794,
        "typical_volume": 72656.1,
        "trend": 1314.79788,
        "fair_value": 1761.23411,
        "relative_strength": -6.018707,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.20089,
        "energy": 15.972618,
        "activity_lines": [
          1343.726685,
          1374.376378,
          1365.400269,
          1343.582407
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1329.099976,
        "volume": 0,
        "typical_volume": 66625.55,
        "trend": 1315.230957,
        "fair_value": 1757.935376,
        "relative_strength": -6.157321,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.718674,
        "energy": 9.65782,
        "activity_lines": [
          1339.960002,
          1361.314553,
          1363.106376,
          1344.505123
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1363.199951,
        "volume": 2231,
        "typical_volume": 63291.9,
        "trend": 1319.832996,
        "fair_value": 1754.944956,
        "relative_strength": -3.818354,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.263827,
        "energy": 8.083893,
        "activity_lines": [
          1348.173316,
          1356.683634,
          1363.98969,
          1347.599897
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1346.0,
        "volume": 22592,
        "typical_volume": 61316.1,
        "trend": 1322.470101,
        "fair_value": 1751.870182,
        "relative_strength": -4.014401,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.227222,
        "energy": 7.709583,
        "activity_lines": [
          1347.693319,
          1351.205451,
          1362.995008,
          1349.288091
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1380.199951,
        "volume": 29407,
        "typical_volume": 58527.4,
        "trend": 1327.336572,
        "fair_value": 1749.096524,
        "relative_strength": -1.357914,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.722341,
        "energy": 11.116628,
        "activity_lines": [
          1358.153304,
          1353.352714,
          1365.274064,
          1353.012597
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1363.199951,
        "volume": 15838,
        "typical_volume": 57870.8,
        "trend": 1331.89211,
        "fair_value": 1746.238031,
        "relative_strength": 0.454922,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.05103,
        "energy": 12.602881,
        "activity_lines": [
          1362.019962,
          1354.44907,
          1366.10713,
          1355.326364
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1253.599976,
        "volume": 155859,
        "typical_volume": 62025.1,
        "trend": 1331.970646,
        "fair_value": 1742.615692,
        "relative_strength": -9.120129,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.373526,
        "energy": 22.588874,
        "activity_lines": [
          1327.773299,
          1337.218157,
          1356.332416,
          1350.275258
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1241.599976,
        "volume": 23050,
        "typical_volume": 44518.15,
        "trend": 1331.44327,
        "fair_value": 1738.958643,
        "relative_strength": -10.074592,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.888326,
        "energy": 38.599778,
        "activity_lines": [
          1294.559969,
          1319.345428,
          1345.298295,
          1344.444892
        ]
      }
    ],
    "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."
    }
  }
}