{
  "ticker": {
    "uuid": "06529e19-bd84-401e-b9dc-74bddacb737f",
    "symbol": "NOVAAGRI",
    "name": "Nova Agritech 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": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -64.666,
    "architecture_energy": 76.646,
    "architecture_maturity": 90.655,
    "architecture_confidence": 91.39,
    "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": 13.29,
        "rotation_up": 11.73,
        "upward_expansion": 18.05,
        "deceleration": 37.92,
        "rotation_down": 71.33,
        "downward_expansion": 91.38
      },
      "activity_lines": [
        23.164,
        23.928,
        25.417048,
        26.072473
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 23.18,
    "trend_reference": 27.535667,
    "distance_from_trend": -0.158183,
    "trend_direction": "Weakening",
    "fair_value": 49.55697,
    "distance_from_fair_value": -0.532256,
    "fair_value_direction": "Weakening",
    "relative_strength": -33.224285,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.313795,
    "excess_performance": -0.270086,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.158183,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.170121,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.532256,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.096776,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.332243,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.063937,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.313795,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.151105,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 146289,
      "relative_activity": 0.295964,
      "balance": 0.151105,
      "dry_up": 0.463134,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.07158,
      "annualized_volatility": 0.579851,
      "from_high_reference": -0.568664,
      "from_low_reference": 0.279249
    },
    "levels": {
      "trend_reference": 27.535667,
      "fair_value_reference": 49.55697,
      "structural_low": 18.120001,
      "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": 9,
        "median_return": -0.11478,
        "positive_rate": 0.111111,
        "directional_follow_through": 0.888889,
        "median_excess_return": -0.071131,
        "regime_survival": 1.0,
        "best_return": 0.206563,
        "worst_return": -0.179692,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.195785,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.151438,
        "regime_survival": 1.0,
        "best_return": -0.027873,
        "worst_return": -0.363696,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.381432,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.293954,
        "regime_survival": 1.0,
        "best_return": -0.381432,
        "worst_return": -0.381432,
        "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": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": -0.075181,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-22",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.105535,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-17",
        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.008197,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-14",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.492446,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-02-02",
        "close": 63.599998,
        "volume": 8735960,
        "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": 66.400002,
        "volume": 7347873,
        "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": 65.650002,
        "volume": 13664525,
        "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": 62.400002,
        "volume": 4503209,
        "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": 63.5,
        "volume": 15762058,
        "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": 60.0,
        "volume": 5048560,
        "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": 54.700001,
        "volume": 5804853,
        "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": 52.549999,
        "volume": 2395700,
        "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": 50.549999,
        "volume": 1509796,
        "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": 56.950001,
        "volume": 2899240,
        "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": 55.150002,
        "volume": 1074968,
        "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": 53.049999,
        "volume": 1192227,
        "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": 52.900002,
        "volume": 1851438,
        "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": 51.549999,
        "volume": 1880440,
        "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": 49.25,
        "volume": 1896847,
        "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": 49.049999,
        "volume": 1247853,
        "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": 50.5,
        "volume": 1878041,
        "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": 49.049999,
        "volume": 1334151,
        "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": 55.400002,
        "volume": 7051420,
        "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": 60.110001,
        "volume": 21071358,
        "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": 64.239998,
        "volume": 7610972,
        "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": 64.279999,
        "volume": 12387567,
        "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": 67.089996,
        "volume": 6329098,
        "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": 67.550003,
        "volume": 21075382,
        "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": 69.589996,
        "volume": 19359883,
        "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": 82.099998,
        "volume": 56423522,
        "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": 81.970001,
        "volume": 8993569,
        "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": 87.18,
        "volume": 13684209,
        "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": 77.589996,
        "volume": 4987766,
        "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": 77.300003,
        "volume": 1744309,
        "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": 75.400002,
        "volume": 1628329,
        "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": 72.110001,
        "volume": 1364666,
        "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": 72.529999,
        "volume": 1003819,
        "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": 67.07,
        "volume": 1181923,
        "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": 68.059998,
        "volume": 1125008,
        "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": 66.580002,
        "volume": 669129,
        "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": 66.25,
        "volume": 720127,
        "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": 62.200001,
        "volume": 526651,
        "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": 57.029999,
        "volume": 584703,
        "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": 63.18,
        "volume": 589081,
        "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": 63.080002,
        "volume": 617304,
        "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": 58.860001,
        "volume": 471753,
        "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": 59.07,
        "volume": 582238,
        "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": 64.410004,
        "volume": 1096498,
        "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": 69.730003,
        "volume": 5047923,
        "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": 67.769997,
        "volume": 1286361,
        "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": 63.450001,
        "volume": 1310255,
        "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": 61.75,
        "volume": 594107,
        "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": 63.360001,
        "volume": 985796,
        "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": 62.59,
        "volume": 3403668,
        "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": 64.269997,
        "volume": 2048951,
        "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": 60.48,
        "volume": 909822,
        "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": 65.629997,
        "volume": 1494295,
        "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": 61.060001,
        "volume": 1852695,
        "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": 53.200001,
        "volume": 1571518,
        "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": 52.48,
        "volume": 1084330,
        "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": 50.110001,
        "volume": 1132990,
        "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": 51.310001,
        "volume": 1347563,
        "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": 48.209999,
        "volume": 760481,
        "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": 47.84,
        "volume": 1280644,
        "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": 42.68,
        "volume": 2723497,
        "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": 45.220001,
        "volume": 799677,
        "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": 45.619999,
        "volume": 571918,
        "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": 48.0,
        "volume": 552975,
        "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": 48.380001,
        "volume": 1227946,
        "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": 45.779999,
        "volume": 420587,
        "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": 43.529999,
        "volume": 789776,
        "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": 49.200001,
        "volume": 1169848,
        "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": 48.91,
        "volume": 857615,
        "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": 48.43,
        "volume": 1176876,
        "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": 51.849998,
        "volume": 2303127,
        "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": 50.799999,
        "volume": 1488103,
        "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": 48.48,
        "volume": 841477,
        "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": 49.299999,
        "volume": 637147,
        "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": 49.029999,
        "volume": 841093,
        "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": "2025-07-11",
        "close": 54.77,
        "volume": 3393634,
        "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": "2025-07-18",
        "close": 58.970001,
        "volume": 3027451,
        "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": "2025-07-25",
        "close": 57.580002,
        "volume": 2641140,
        "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": "2025-08-01",
        "close": 53.240002,
        "volume": 1443842,
        "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": "2025-08-08",
        "close": 52.540001,
        "volume": 792863,
        "typical_volume": 1385029.6,
        "trend": 51.563333,
        "fair_value": 58.90725,
        "relative_strength": -9.589514,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.994231,
        "energy": 43.098102,
        "activity_lines": [
          54.740668,
          53.597273,
          51.499095,
          50.792882
        ]
      },
      {
        "date": "2025-08-15",
        "close": 48.59,
        "volume": 1046740,
        "typical_volume": 1301191.75,
        "trend": 51.040667,
        "fair_value": 58.779877,
        "relative_strength": -16.495965,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -0.470546,
        "energy": 5.98529,
        "activity_lines": [
          52.464001,
          52.858001,
          51.401429,
          50.601054
        ]
      },
      {
        "date": "2025-08-22",
        "close": 52.209999,
        "volume": 694598,
        "typical_volume": 1295937.8,
        "trend": 50.765,
        "fair_value": 58.699756,
        "relative_strength": -10.39622,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.959215,
        "energy": 10.361048,
        "activity_lines": [
          51.806,
          52.836182,
          51.620381,
          50.676495
        ]
      },
      {
        "date": "2025-08-29",
        "close": 50.77,
        "volume": 384454,
        "typical_volume": 1286564.6,
        "trend": 50.269667,
        "fair_value": 58.604217,
        "relative_strength": -10.619315,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.818958,
        "energy": 19.645381,
        "activity_lines": [
          51.118667,
          52.526909,
          51.668905,
          50.676817
        ]
      },
      {
        "date": "2025-09-05",
        "close": 52.0,
        "volume": 539554,
        "typical_volume": 1285893.55,
        "trend": 49.967667,
        "fair_value": 58.525595,
        "relative_strength": -9.014518,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.492072,
        "energy": 18.405751,
        "activity_lines": [
          51.295333,
          52.399637,
          51.810048,
          50.788452
        ]
      },
      {
        "date": "2025-09-12",
        "close": 51.099998,
        "volume": 349054,
        "typical_volume": 1241948.95,
        "trend": 49.897667,
        "fair_value": 58.438235,
        "relative_strength": -11.307566,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.835304,
        "energy": 13.625324,
        "activity_lines": [
          51.254666,
          52.059636,
          51.846429,
          50.861505
        ]
      },
      {
        "date": "2025-09-19",
        "close": 51.060001,
        "volume": 473941,
        "typical_volume": 1244616.65,
        "trend": 49.850333,
        "fair_value": 58.352442,
        "relative_strength": -11.689797,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.035332,
        "energy": 9.588652,
        "activity_lines": [
          51.296666,
          51.674727,
          51.866048,
          50.936495
        ]
      },
      {
        "date": "2025-09-26",
        "close": 47.810001,
        "volume": 655128,
        "typical_volume": 1237884.25,
        "trend": 49.773667,
        "fair_value": 58.231264,
        "relative_strength": -14.580447,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.594757,
        "energy": 7.898375,
        "activity_lines": [
          50.090667,
          50.766364,
          51.551,
          50.80486
        ]
      },
      {
        "date": "2025-10-03",
        "close": 47.720001,
        "volume": 288000,
        "typical_volume": 1193791.85,
        "trend": 49.654,
        "fair_value": 58.111818,
        "relative_strength": -15.025592,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.155445,
        "energy": 25.847053,
        "activity_lines": [
          49.148001,
          50.044546,
          51.207,
          50.672366
        ]
      },
      {
        "date": "2025-10-10",
        "close": 46.700001,
        "volume": 375411,
        "typical_volume": 1169681.65,
        "trend": 49.603667,
        "fair_value": 57.983596,
        "relative_strength": -17.561085,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.422654,
        "energy": 42.770223,
        "activity_lines": [
          48.068667,
          49.316546,
          50.772905,
          50.481785
        ]
      },
      {
        "date": "2025-10-17",
        "close": 45.139999,
        "volume": 425088,
        "typical_volume": 1132092.25,
        "trend": 49.513667,
        "fair_value": 57.840889,
        "relative_strength": -21.124968,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.493111,
        "energy": 57.305679,
        "activity_lines": [
          46.822667,
          48.423818,
          50.200762,
          50.193807
        ]
      },
      {
        "date": "2025-10-24",
        "close": 46.049999,
        "volume": 272757,
        "typical_volume": 1030573.75,
        "trend": 49.626,
        "fair_value": 57.711319,
        "relative_strength": -19.401806,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.277175,
        "energy": 59.872727,
        "activity_lines": [
          46.277333,
          47.831091,
          49.730952,
          49.970344
        ]
      },
      {
        "date": "2025-10-31",
        "close": 47.549999,
        "volume": 671340,
        "typical_volume": 989735.6,
        "trend": 49.703667,
        "fair_value": 57.60087,
        "relative_strength": -15.992396,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.679543,
        "energy": 55.194482,
        "activity_lines": [
          46.565999,
          47.557273,
          49.431619,
          49.836409
        ]
      },
      {
        "date": "2025-11-07",
        "close": 44.77,
        "volume": 395784,
        "typical_volume": 967450.95,
        "trend": 49.675333,
        "fair_value": 57.462903,
        "relative_strength": -19.58935,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.798023,
        "energy": 66.144187,
        "activity_lines": [
          45.945333,
          46.862727,
          48.883,
          49.518108
        ]
      },
      {
        "date": "2025-11-14",
        "close": 45.669998,
        "volume": 781654,
        "typical_volume": 974676.3,
        "trend": 49.597667,
        "fair_value": 57.337447,
        "relative_strength": -18.767144,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.394623,
        "energy": 44.280631,
        "activity_lines": [
          45.821332,
          46.440909,
          48.437762,
          49.259699
        ]
      },
      {
        "date": "2025-11-21",
        "close": 44.369999,
        "volume": 414502,
        "typical_volume": 953346.75,
        "trend": 49.464,
        "fair_value": 57.200947,
        "relative_strength": -21.019997,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.03284,
        "energy": 45.680624,
        "activity_lines": [
          45.332666,
          45.897818,
          47.886,
          48.92243
        ]
      },
      {
        "date": "2025-11-28",
        "close": 43.029999,
        "volume": 387503,
        "typical_volume": 803040.2,
        "trend": 49.372333,
        "fair_value": 57.053333,
        "relative_strength": -23.094488,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.748181,
        "energy": 61.272754,
        "activity_lines": [
          44.448666,
          45.233454,
          47.228809,
          48.507333
        ]
      },
      {
        "date": "2025-12-05",
        "close": 42.939999,
        "volume": 422060,
        "typical_volume": 672770.65,
        "trend": 49.352667,
        "fair_value": 56.907835,
        "relative_strength": -22.378007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.957998,
        "energy": 63.144312,
        "activity_lines": [
          43.735999,
          44.698726,
          46.618952,
          48.092344
        ]
      },
      {
        "date": "2025-12-12",
        "close": 39.59,
        "volume": 773862,
        "typical_volume": 579406.75,
        "trend": 49.032333,
        "fair_value": 56.731122,
        "relative_strength": -27.244957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.502623,
        "energy": 80.685271,
        "activity_lines": [
          42.213999,
          43.643454,
          45.76638,
          47.462494
        ]
      },
      {
        "date": "2025-12-19",
        "close": 38.950001,
        "volume": 512452,
        "typical_volume": 532837.25,
        "trend": 48.700333,
        "fair_value": 56.551515,
        "relative_strength": -27.403843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.090594,
        "energy": 83.506958,
        "activity_lines": [
          40.824,
          42.619636,
          44.938523,
          46.812021
        ]
      },
      {
        "date": "2025-12-26",
        "close": 38.889999,
        "volume": 304542,
        "typical_volume": 508421.2,
        "trend": 48.382333,
        "fair_value": 56.3749,
        "relative_strength": -26.979541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.775056,
        "energy": 86.386269,
        "activity_lines": [
          39.862,
          41.725818,
          44.173,
          46.179097
        ]
      },
      {
        "date": "2026-01-02",
        "close": 39.799999,
        "volume": 604744,
        "typical_volume": 486321.4,
        "trend": 47.980666,
        "fair_value": 56.210792,
        "relative_strength": -25.29108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.174209,
        "energy": 77.918508,
        "activity_lines": [
          39.568666,
          41.11109,
          43.559142,
          45.625398
        ]
      },
      {
        "date": "2026-01-09",
        "close": 38.16,
        "volume": 343560,
        "typical_volume": 468769.5,
        "trend": 47.559333,
        "fair_value": 56.033824,
        "relative_strength": -25.733235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.760931,
        "energy": 73.67152,
        "activity_lines": [
          38.944,
          40.311818,
          42.830952,
          44.991806
        ]
      },
      {
        "date": "2026-01-16",
        "close": 35.66,
        "volume": 396277,
        "typical_volume": 469360.65,
        "trend": 47.132,
        "fair_value": 55.836019,
        "relative_strength": -29.694583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.812292,
        "energy": 74.238037,
        "activity_lines": [
          37.804666,
          39.228727,
          41.931571,
          44.224107
        ]
      },
      {
        "date": "2026-01-23",
        "close": 33.360001,
        "volume": 680154,
        "typical_volume": 476390.65,
        "trend": 46.600667,
        "fair_value": 55.619904,
        "relative_strength": -31.676924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.503846,
        "energy": 68.637355,
        "activity_lines": [
          36.160667,
          37.893091,
          40.885095,
          43.335591
        ]
      },
      {
        "date": "2026-01-30",
        "close": 33.830002,
        "volume": 472743,
        "typical_volume": 482575.1,
        "trend": 46.094,
        "fair_value": 55.412381,
        "relative_strength": -30.459928,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.604241,
        "energy": 80.776562,
        "activity_lines": [
          35.046001,
          36.866728,
          39.972143,
          42.511677
        ]
      },
      {
        "date": "2026-02-06",
        "close": 33.779999,
        "volume": 591314,
        "typical_volume": 488443.75,
        "trend": 45.394333,
        "fair_value": 55.208302,
        "relative_strength": -30.684923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.622059,
        "energy": 80.500208,
        "activity_lines": [
          34.252,
          36.022909,
          39.136666,
          41.717226
        ]
      },
      {
        "date": "2026-02-13",
        "close": 29.059999,
        "volume": 1104429,
        "typical_volume": 510908.8,
        "trend": 44.397333,
        "fair_value": 54.963925,
        "relative_strength": -39.121127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.676962,
        "energy": 92.79906,
        "activity_lines": [
          32.286,
          34.489091,
          37.933952,
          40.663398
        ]
      },
      {
        "date": "2026-02-20",
        "close": 32.639999,
        "volume": 746480,
        "typical_volume": 533832.8,
        "trend": 43.566,
        "fair_value": 54.757222,
        "relative_strength": -31.164518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.995599,
        "energy": 76.852548,
        "activity_lines": [
          32.12,
          33.858545,
          37.161476,
          39.90486
        ]
      },
      {
        "date": "2026-02-27",
        "close": 29.629999,
        "volume": 925491,
        "typical_volume": 561336.8,
        "trend": 42.779,
        "fair_value": 54.526697,
        "relative_strength": -35.813752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.231238,
        "energy": 71.066902,
        "activity_lines": [
          31.151999,
          32.807091,
          36.174142,
          39.005763
        ]
      },
      {
        "date": "2026-03-06",
        "close": 27.709999,
        "volume": 643724,
        "typical_volume": 572268.6,
        "trend": 41.951333,
        "fair_value": 54.282909,
        "relative_strength": -37.435887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.754067,
        "energy": 74.793297,
        "activity_lines": [
          29.792666,
          31.576,
          35.085238,
          38.03357
        ]
      },
      {
        "date": "2026-03-13",
        "close": 27.1,
        "volume": 591053,
        "typical_volume": 588183.4,
        "trend": 41.235,
        "fair_value": 54.038018,
        "relative_strength": -34.698323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.592941,
        "energy": 69.148112,
        "activity_lines": [
          28.637999,
          30.437272,
          34.021238,
          37.075419
        ]
      },
      {
        "date": "2026-03-20",
        "close": 22.719999,
        "volume": 1551917,
        "typical_volume": 632212.25,
        "trend": 40.252,
        "fair_value": 53.758393,
        "relative_strength": -44.531673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.325917,
        "energy": 84.046962,
        "activity_lines": [
          26.468666,
          28.73309,
          32.630333,
          35.880903
        ]
      },
      {
        "date": "2026-03-27",
        "close": 20.6,
        "volume": 1631773,
        "typical_volume": 694011.7,
        "trend": 39.246333,
        "fair_value": 53.464956,
        "relative_strength": -48.548278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.885341,
        "energy": 90.710934,
        "activity_lines": [
          24.015333,
          26.924181,
          31.155762,
          34.613032
        ]
      },
      {
        "date": "2026-04-03",
        "close": 23.77,
        "volume": 1859768,
        "typical_volume": 747917.4,
        "trend": 38.305333,
        "fair_value": 53.204474,
        "relative_strength": -39.739551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.566618,
        "energy": 74.88162,
        "activity_lines": [
          23.421333,
          25.965454,
          30.09819,
          33.614559
        ]
      },
      {
        "date": "2026-04-10",
        "close": 29.049999,
        "volume": 1559341,
        "typical_volume": 805159.35,
        "trend": 37.570333,
        "fair_value": 52.994435,
        "relative_strength": -29.835388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.319114,
        "energy": 59.466967,
        "activity_lines": [
          24.978,
          26.14109,
          29.647762,
          33.01744
        ]
      },
      {
        "date": "2026-04-17",
        "close": 29.440001,
        "volume": 708917,
        "typical_volume": 821230.05,
        "trend": 36.849666,
        "fair_value": 52.791379,
        "relative_strength": -29.141877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.555868,
        "energy": 43.03842,
        "activity_lines": [
          26.575333,
          26.474545,
          29.307428,
          32.492903
        ]
      },
      {
        "date": "2026-04-24",
        "close": 28.18,
        "volume": 660594,
        "typical_volume": 833156.75,
        "trend": 36.195333,
        "fair_value": 52.581026,
        "relative_strength": -30.226034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.94215,
        "energy": 28.920634,
        "activity_lines": [
          27.596667,
          26.657818,
          28.911809,
          31.93357
        ]
      },
      {
        "date": "2026-05-01",
        "close": 28.68,
        "volume": 405796,
        "typical_volume": 814753.45,
        "trend": 35.560666,
        "fair_value": 52.378475,
        "relative_strength": -28.727036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.017143,
        "energy": 25.954524,
        "activity_lines": [
          28.420667,
          26.948,
          28.634095,
          31.448709
        ]
      },
      {
        "date": "2026-05-08",
        "close": 29.459999,
        "volume": 442332,
        "typical_volume": 811247.45,
        "trend": 34.986,
        "fair_value": 52.185882,
        "relative_strength": -26.830547,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.455406,
        "energy": 22.685151,
        "activity_lines": [
          28.966,
          27.452,
          28.482619,
          31.055118
        ]
      },
      {
        "date": "2026-05-15",
        "close": 28.25,
        "volume": 394094,
        "typical_volume": 815725.05,
        "trend": 34.423,
        "fair_value": 51.986417,
        "relative_strength": -27.610124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.964964,
        "energy": 18.859944,
        "activity_lines": [
          28.728666,
          27.739091,
          28.261095,
          30.620537
        ]
      },
      {
        "date": "2026-05-22",
        "close": 28.209999,
        "volume": 388387,
        "typical_volume": 804907.2,
        "trend": 33.828333,
        "fair_value": 51.789917,
        "relative_strength": -27.283961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.475356,
        "energy": 16.856363,
        "activity_lines": [
          28.531333,
          28.009091,
          28.086428,
          30.219699
        ]
      },
      {
        "date": "2026-05-29",
        "close": 28.110001,
        "volume": 366502,
        "typical_volume": 806054.3,
        "trend": 33.180333,
        "fair_value": 51.59582,
        "relative_strength": -26.353175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.138158,
        "energy": 14.833771,
        "activity_lines": [
          28.382667,
          28.240727,
          27.957428,
          29.850774
        ]
      },
      {
        "date": "2026-06-05",
        "close": 26.91,
        "volume": 83336,
        "typical_volume": 790407.25,
        "trend": 32.585,
        "fair_value": 51.395122,
        "relative_strength": -28.164964,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.508514,
        "energy": 24.663968,
        "activity_lines": [
          27.838667,
          28.156182,
          27.762,
          29.446236
        ]
      },
      {
        "date": "2026-06-12",
        "close": 27.120001,
        "volume": 39664,
        "typical_volume": 758382.75,
        "trend": 31.966666,
        "fair_value": 51.199355,
        "relative_strength": -27.601774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.131982,
        "energy": 25.138039,
        "activity_lines": [
          27.482667,
          27.995091,
          27.628238,
          29.093656
        ]
      },
      {
        "date": "2026-06-19",
        "close": 25.85,
        "volume": 88772,
        "typical_volume": 739184.2,
        "trend": 31.349333,
        "fair_value": 50.99656,
        "relative_strength": -31.402979,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.746458,
        "energy": 33.023789,
        "activity_lines": [
          26.859334,
          27.542182,
          27.403238,
          28.699032
        ]
      },
      {
        "date": "2026-06-26",
        "close": 24.870001,
        "volume": 0,
        "typical_volume": 709618.5,
        "trend": 30.744,
        "fair_value": 50.789206,
        "relative_strength": -33.395575,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.728379,
        "energy": 52.49855,
        "activity_lines": [
          26.069334,
          26.969273,
          27.122905,
          28.281011
        ]
      },
      {
        "date": "2026-07-03",
        "close": 25.85,
        "volume": 30917,
        "typical_volume": 655942.9,
        "trend": 30.174333,
        "fair_value": 50.592835,
        "relative_strength": -30.644353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.780273,
        "energy": 56.525656,
        "activity_lines": [
          25.828667,
          26.657637,
          26.978333,
          27.965269
        ]
      },
      {
        "date": "2026-07-10",
        "close": 23.59,
        "volume": 309725,
        "typical_volume": 634105.15,
        "trend": 29.641,
        "fair_value": 50.381875,
        "relative_strength": -35.569913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.399445,
        "energy": 75.597105,
        "activity_lines": [
          24.985334,
          25.977455,
          26.63381,
          27.540473
        ]
      },
      {
        "date": "2026-07-17",
        "close": 23.530001,
        "volume": 480377,
        "typical_volume": 611849.45,
        "trend": 29.127,
        "fair_value": 50.173721,
        "relative_strength": -34.916011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.962259,
        "energy": 77.694937,
        "activity_lines": [
          24.343334,
          25.37891,
          26.326667,
          27.146215
        ]
      },
      {
        "date": "2026-07-24",
        "close": 22.809999,
        "volume": 162333,
        "typical_volume": 587779.9,
        "trend": 28.591,
        "fair_value": 49.963231,
        "relative_strength": -34.246466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.948363,
        "energy": 80.15728,
        "activity_lines": [
          23.700667,
          24.757273,
          25.98,
          26.738667
        ]
      },
      {
        "date": "2026-07-31",
        "close": 23.120001,
        "volume": 126672,
        "typical_volume": 564560.85,
        "trend": 28.035,
        "fair_value": 49.758321,
        "relative_strength": -33.976442,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.456809,
        "energy": 80.313474,
        "activity_lines": [
          23.364,
          24.290909,
          25.686191,
          26.385699
        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.18,
        "volume": 146289,
        "typical_volume": 494279.45,
        "trend": 27.535667,
        "fair_value": 49.55697,
        "relative_strength": -33.224285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.666237,
        "energy": 76.646471,
        "activity_lines": [
          23.164,
          23.928,
          25.417048,
          26.072473
        ]
      }
    ],
    "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."
    }
  }
}