{
  "ticker": {
    "uuid": "071684e9-bf04-428e-99e3-ef2751400008",
    "symbol": "M",
    "name": "MK Restaurant Group Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 41.35,
    "architecture_energy": 27.259,
    "architecture_maturity": 47.2,
    "architecture_confidence": 44.936,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 42.73,
        "rotation_up": 36.21,
        "upward_expansion": 62.05,
        "deceleration": 66.57,
        "rotation_down": 24.1,
        "downward_expansion": 14.38
      },
      "activity_lines": [
        21.473333,
        21.487273,
        20.979948,
        20.539657
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 21.4,
    "trend_reference": 20.064991,
    "distance_from_trend": 0.066534,
    "trend_direction": "Improving",
    "fair_value": 24.819019,
    "distance_from_fair_value": -0.137758,
    "fair_value_direction": "Improving",
    "relative_strength": -17.193331,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.066464,
    "excess_performance": -0.125862,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.066534,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.013285,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.137758,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.15186,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.171933,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.057521,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.066464,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.905132,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2863200,
      "relative_activity": 0.300488,
      "balance": 0.905132,
      "dry_up": 0.655733,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.062185,
      "annualized_volatility": 0.399533,
      "from_high_reference": -0.376762,
      "from_low_reference": 0.292303
    },
    "levels": {
      "trend_reference": 20.064991,
      "fair_value_reference": 24.819019,
      "structural_low": 17.533678,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": -0.004808,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.454545,
        "median_excess_return": -0.023447,
        "regime_survival": 0.636364,
        "best_return": 0.22856,
        "worst_return": -0.35082,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.041284,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.046949,
        "regime_survival": 0.2,
        "best_return": 0.047509,
        "worst_return": -0.168724,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.085106,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.075693,
        "regime_survival": 0.0,
        "best_return": 0.0,
        "worst_return": -0.129231,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.108979,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.019674,
        "regime_survival": 0.0,
        "best_return": 0.100251,
        "worst_return": -0.318208,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-01-06",
        "end": "2023-01-27",
        "tenure": "New",
        "return": -0.057851,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-02-03",
        "end": "2023-02-17",
        "tenure": "New",
        "return": -0.048246,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-02-24",
        "end": "2023-03-03",
        "tenure": "New",
        "return": -0.035874,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-03-10",
        "end": "2024-09-27",
        "tenure": "Extended",
        "return": -0.40754,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-04",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.137931,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-07-11",
        "tenure": "Extended",
        "return": -0.279313,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-18",
        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.192308,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-15",
        "end": "2025-11-14",
        "tenure": "Established",
        "return": 0.047509,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-21",
        "end": "2025-12-05",
        "tenure": "New",
        "return": -0.153846,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-12",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": -0.015707,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-30",
        "end": "2026-05-08",
        "tenure": "Established",
        "return": 0.026596,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-15",
        "end": "2026-05-29",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-05",
        "end": "2026-06-12",
        "tenure": "New",
        "return": -0.046083,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.009434,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 41.097321,
        "volume": 3286100,
        "typical_volume": 3276530.0,
        "trend": 42.690109,
        "fair_value": 43.519622,
        "relative_strength": -4.326261,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.627109,
        "energy": 22.536019,
        "activity_lines": [
          40.444308,
          39.959063,
          40.778982,
          41.456392
        ]
      },
      {
        "date": "2023-08-25",
        "close": 42.040619,
        "volume": 3205100,
        "typical_volume": 3330080.0,
        "trend": 42.502547,
        "fair_value": 43.514621,
        "relative_strength": -4.575092,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.641638,
        "energy": 20.417403,
        "activity_lines": [
          41.156227,
          40.331897,
          40.846622,
          41.414489
        ]
      },
      {
        "date": "2023-09-01",
        "close": 40.962658,
        "volume": 5831500,
        "typical_volume": 3565940.0,
        "trend": 42.279053,
        "fair_value": 43.506595,
        "relative_strength": -6.842629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.127918,
        "energy": 23.973176,
        "activity_lines": [
          41.275588,
          40.503201,
          40.81251,
          41.315142
        ]
      },
      {
        "date": "2023-09-08",
        "close": 40.531471,
        "volume": 2566600,
        "typical_volume": 3406930.0,
        "trend": 42.041186,
        "fair_value": 43.506163,
        "relative_strength": -6.754316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.547822,
        "energy": 19.062525,
        "activity_lines": [
          41.118238,
          40.602428,
          40.745366,
          41.202394
        ]
      },
      {
        "date": "2023-09-15",
        "close": 39.453506,
        "volume": 4211000,
        "typical_volume": 3428295.0,
        "trend": 41.844046,
        "fair_value": 43.504,
        "relative_strength": -8.687464,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.647898,
        "energy": 18.792561,
        "activity_lines": [
          40.49733,
          40.484976,
          40.579673,
          41.035447
        ]
      },
      {
        "date": "2023-09-22",
        "close": 40.747063,
        "volume": 4881800,
        "typical_volume": 3558245.0,
        "trend": 41.64821,
        "fair_value": 43.514014,
        "relative_strength": -4.269529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.127808,
        "energy": 19.243824,
        "activity_lines": [
          40.473979,
          40.590016,
          40.545428,
          40.964674
        ]
      },
      {
        "date": "2023-09-29",
        "close": 39.022324,
        "volume": 1745500,
        "typical_volume": 3385310.0,
        "trend": 41.450635,
        "fair_value": 43.525919,
        "relative_strength": -4.863996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.855692,
        "energy": 36.58052,
        "activity_lines": [
          39.899066,
          40.352991,
          40.347023,
          40.795262
        ]
      },
      {
        "date": "2023-10-06",
        "close": 37.513172,
        "volume": 3776300,
        "typical_volume": 3283665.0,
        "trend": 41.202754,
        "fair_value": 43.524265,
        "relative_strength": -6.155475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.462838,
        "energy": 66.424275,
        "activity_lines": [
          39.022322,
          39.832842,
          40.027951,
          40.541232
        ]
      },
      {
        "date": "2023-10-13",
        "close": 38.591141,
        "volume": 1669300,
        "typical_volume": 3189530.0,
        "trend": 41.053526,
        "fair_value": 43.535996,
        "relative_strength": -4.069094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.614437,
        "energy": 61.946996,
        "activity_lines": [
          38.734866,
          39.535138,
          39.839765,
          40.372741
        ]
      },
      {
        "date": "2023-10-20",
        "close": 38.15995,
        "volume": 1919200,
        "typical_volume": 3133290.0,
        "trend": 40.882956,
        "fair_value": 43.542373,
        "relative_strength": -1.419204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.426129,
        "energy": 67.410774,
        "activity_lines": [
          38.433036,
          39.165886,
          39.636644,
          40.186059
        ]
      },
      {
        "date": "2023-10-27",
        "close": 36.435207,
        "volume": 1887400,
        "typical_volume": 3107630.0,
        "trend": 40.668833,
        "fair_value": 43.540283,
        "relative_strength": -4.842046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.978094,
        "energy": 74.202966,
        "activity_lines": [
          37.642528,
          38.551938,
          39.298458,
          39.899107
        ]
      },
      {
        "date": "2023-11-03",
        "close": 35.141651,
        "volume": 6271200,
        "typical_volume": 3225870.0,
        "trend": 40.432497,
        "fair_value": 43.520839,
        "relative_strength": -9.948259,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.063967,
        "energy": 76.816994,
        "activity_lines": [
          36.708292,
          37.787563,
          38.867389,
          39.542515
        ]
      },
      {
        "date": "2023-11-10",
        "close": 34.710464,
        "volume": 3329600,
        "typical_volume": 3301095.0,
        "trend": 40.167851,
        "fair_value": 43.46885,
        "relative_strength": -8.848908,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.795699,
        "energy": 85.258955,
        "activity_lines": [
          35.889039,
          37.070227,
          38.426657,
          39.173352
        ]
      },
      {
        "date": "2023-11-17",
        "close": 35.141651,
        "volume": 2192600,
        "typical_volume": 3089135.0,
        "trend": 39.959392,
        "fair_value": 43.398909,
        "relative_strength": -9.111913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.563475,
        "energy": 83.959166,
        "activity_lines": [
          35.400362,
          36.544964,
          38.058418,
          38.849081
        ]
      },
      {
        "date": "2023-11-24",
        "close": 35.357239,
        "volume": 1918300,
        "typical_volume": 3079645.0,
        "trend": 39.765087,
        "fair_value": 43.336824,
        "relative_strength": -7.12709,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.50987,
        "energy": 80.660814,
        "activity_lines": [
          35.213513,
          36.156896,
          37.73096,
          38.552168
        ]
      },
      {
        "date": "2023-12-01",
        "close": 33.6325,
        "volume": 3673200,
        "typical_volume": 3149135.0,
        "trend": 39.52723,
        "fair_value": 43.266272,
        "relative_strength": -10.273986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.48489,
        "energy": 84.191777,
        "activity_lines": [
          34.638599,
          35.529717,
          37.255421,
          38.156517
        ]
      },
      {
        "date": "2023-12-08",
        "close": 33.848091,
        "volume": 2131400,
        "typical_volume": 3073770.0,
        "trend": 39.193315,
        "fair_value": 43.191923,
        "relative_strength": -9.41515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.282884,
        "energy": 70.228058,
        "activity_lines": [
          34.322396,
          35.071092,
          36.826834,
          37.790121
        ]
      },
      {
        "date": "2023-12-15",
        "close": 33.416901,
        "volume": 3099200,
        "typical_volume": 3148165.0,
        "trend": 38.859223,
        "fair_value": 43.118695,
        "relative_strength": -10.830224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.112486,
        "energy": 65.784418,
        "activity_lines": [
          33.9487,
          34.628145,
          36.379535,
          37.417449
        ]
      },
      {
        "date": "2023-12-22",
        "close": 33.848091,
        "volume": 1485200,
        "typical_volume": 3168080.0,
        "trend": 38.51821,
        "fair_value": 43.072831,
        "relative_strength": -10.230439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.728834,
        "energy": 63.841532,
        "activity_lines": [
          33.804971,
          34.338075,
          35.999734,
          37.09415
        ]
      },
      {
        "date": "2023-12-29",
        "close": 34.279274,
        "volume": 1597200,
        "typical_volume": 3033885.0,
        "trend": 38.184472,
        "fair_value": 43.0375,
        "relative_strength": -9.438225,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.250736,
        "energy": 57.01143,
        "activity_lines": [
          33.891208,
          34.212638,
          35.685379,
          36.82067
        ]
      },
      {
        "date": "2024-01-05",
        "close": 34.494873,
        "volume": 1352900,
        "typical_volume": 2937225.0,
        "trend": 37.907607,
        "fair_value": 42.993193,
        "relative_strength": -9.24526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.961939,
        "energy": 53.106281,
        "activity_lines": [
          34.121175,
          34.196959,
          35.42808,
          36.582631
        ]
      },
      {
        "date": "2024-01-12",
        "close": 33.201313,
        "volume": 3172900,
        "typical_volume": 2935615.0,
        "trend": 37.623113,
        "fair_value": 42.943183,
        "relative_strength": -11.390255,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.034893,
        "energy": 54.989958,
        "activity_lines": [
          33.862464,
          33.981367,
          35.079024,
          36.279
        ]
      },
      {
        "date": "2024-01-19",
        "close": 31.260975,
        "volume": 7114200,
        "typical_volume": 2999750.0,
        "trend": 37.288136,
        "fair_value": 42.874261,
        "relative_strength": -14.335793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.440409,
        "energy": 63.447759,
        "activity_lines": [
          33.000092,
          33.448264,
          34.587267,
          35.868539
        ]
      },
      {
        "date": "2024-01-26",
        "close": 31.04538,
        "volume": 1787100,
        "typical_volume": 2960775.0,
        "trend": 37.009856,
        "fair_value": 42.814316,
        "relative_strength": -13.677699,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.39472,
        "energy": 84.80921,
        "activity_lines": [
          32.209584,
          32.93868,
          34.121175,
          35.465781
        ]
      },
      {
        "date": "2024-02-02",
        "close": 31.47657,
        "volume": 2318300,
        "typical_volume": 2866140.0,
        "trend": 36.767242,
        "fair_value": 42.749366,
        "relative_strength": -13.137143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.44543,
        "energy": 87.611713,
        "activity_lines": [
          31.749653,
          32.581972,
          33.741321,
          35.108794
        ]
      },
      {
        "date": "2024-02-09",
        "close": 32.123348,
        "volume": 2368900,
        "typical_volume": 2740495.0,
        "trend": 36.531991,
        "fair_value": 42.691151,
        "relative_strength": -11.267807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.15536,
        "energy": 85.158815,
        "activity_lines": [
          31.692162,
          32.413418,
          33.46105,
          34.809188
        ]
      },
      {
        "date": "2024-02-16",
        "close": 31.907757,
        "volume": 1481600,
        "typical_volume": 2727300.0,
        "trend": 36.310848,
        "fair_value": 42.62767,
        "relative_strength": -11.439108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.311318,
        "energy": 79.525362,
        "activity_lines": [
          31.720908,
          32.233104,
          33.201312,
          34.510851
        ]
      },
      {
        "date": "2024-02-23",
        "close": 32.123348,
        "volume": 1329900,
        "typical_volume": 2604980.0,
        "trend": 36.082696,
        "fair_value": 42.54356,
        "relative_strength": -11.232726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.979842,
        "energy": 57.843038,
        "activity_lines": [
          31.907755,
          32.127268,
          32.995986,
          34.240689
        ]
      },
      {
        "date": "2024-03-01",
        "close": 31.907757,
        "volume": 2703600,
        "typical_volume": 2656695.0,
        "trend": 35.847356,
        "fair_value": 42.454184,
        "relative_strength": -9.535845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.935398,
        "energy": 51.082897,
        "activity_lines": [
          31.965248,
          32.005752,
          32.795793,
          33.971339
        ]
      },
      {
        "date": "2024-03-08",
        "close": 31.260975,
        "volume": 3517800,
        "typical_volume": 2736625.0,
        "trend": 35.491086,
        "fair_value": 42.349009,
        "relative_strength": -12.220887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.850716,
        "energy": 54.193647,
        "activity_lines": [
          31.749654,
          31.801919,
          32.565827,
          33.675443
        ]
      },
      {
        "date": "2024-03-15",
        "close": 31.04538,
        "volume": 2408200,
        "typical_volume": 2762665.0,
        "trend": 35.156022,
        "fair_value": 42.251515,
        "relative_strength": -12.465246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.696578,
        "energy": 55.83444,
        "activity_lines": [
          31.476568,
          31.613764,
          32.34818,
          33.388623
        ]
      },
      {
        "date": "2024-03-22",
        "close": 31.04538,
        "volume": 2017500,
        "typical_volume": 2549980.0,
        "trend": 34.789514,
        "fair_value": 42.1592,
        "relative_strength": -11.836454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.177334,
        "energy": 55.506725,
        "activity_lines": [
          31.275347,
          31.488328,
          32.156199,
          33.123421
        ]
      },
      {
        "date": "2024-03-29",
        "close": 30.398605,
        "volume": 1981500,
        "typical_volume": 2482575.0,
        "trend": 34.437379,
        "fair_value": 42.066623,
        "relative_strength": -13.179502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.141182,
        "energy": 60.575906,
        "activity_lines": [
          30.916026,
          31.284495,
          31.922127,
          32.840136
        ]
      },
      {
        "date": "2024-04-05",
        "close": 30.829792,
        "volume": 5367500,
        "typical_volume": 2641320.0,
        "trend": 34.113989,
        "fair_value": 41.989759,
        "relative_strength": -11.504497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.276225,
        "energy": 53.380599,
        "activity_lines": [
          30.815417,
          31.174739,
          31.749653,
          32.607389
        ]
      },
      {
        "date": "2024-04-12",
        "close": 31.907757,
        "volume": 2158800,
        "typical_volume": 2653345.0,
        "trend": 33.862464,
        "fair_value": 41.924983,
        "relative_strength": -9.504589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.922053,
        "energy": 42.98563,
        "activity_lines": [
          31.145994,
          31.264896,
          31.700375,
          32.465051
        ]
      },
      {
        "date": "2024-04-19",
        "close": 31.907757,
        "volume": 0,
        "typical_volume": 2469685.0,
        "trend": 33.567821,
        "fair_value": 41.864092,
        "relative_strength": -4.947384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.963502,
        "energy": 34.178797,
        "activity_lines": [
          31.433452,
          31.347214,
          31.667523,
          32.338941
        ]
      },
      {
        "date": "2024-04-26",
        "close": 31.260975,
        "volume": 1984400,
        "typical_volume": 2462335.0,
        "trend": 33.309109,
        "fair_value": 41.800349,
        "relative_strength": -8.5063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.636282,
        "energy": 25.192551,
        "activity_lines": [
          31.447824,
          31.315855,
          31.581286,
          32.190112
        ]
      },
      {
        "date": "2024-05-03",
        "close": 31.692158,
        "volume": 921700,
        "typical_volume": 2353460.0,
        "trend": 33.115075,
        "fair_value": 41.736781,
        "relative_strength": -7.675965,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.263186,
        "energy": 19.821442,
        "activity_lines": [
          31.591551,
          31.374652,
          31.548433,
          32.085793
        ]
      },
      {
        "date": "2024-05-10",
        "close": 31.686174,
        "volume": 1216100,
        "typical_volume": 2340005.0,
        "trend": 32.88491,
        "fair_value": 41.673174,
        "relative_strength": -7.471698,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.030557,
        "energy": 16.309957,
        "activity_lines": [
          31.647047,
          31.440201,
          31.523224,
          31.993605
        ]
      },
      {
        "date": "2024-05-17",
        "close": 29.470354,
        "volume": 2134200,
        "typical_volume": 2366855.0,
        "trend": 32.595257,
        "fair_value": 41.595364,
        "relative_strength": -14.126162,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.180619,
        "energy": 43.152887,
        "activity_lines": [
          30.906843,
          31.106903,
          31.297279,
          31.773312
        ]
      },
      {
        "date": "2024-05-24",
        "close": 27.919285,
        "volume": 2276900,
        "typical_volume": 2413055.0,
        "trend": 32.311392,
        "fair_value": 41.491921,
        "relative_strength": -17.025019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.598449,
        "energy": 76.497751,
        "activity_lines": [
          29.81211,
          30.524148,
          30.946512,
          31.471636
        ]
      },
      {
        "date": "2024-05-31",
        "close": 28.58403,
        "volume": 1194200,
        "typical_volume": 2314120.0,
        "trend": 32.092805,
        "fair_value": 41.386202,
        "relative_strength": -13.342032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.073509,
        "energy": 84.612512,
        "activity_lines": [
          29.204857,
          30.119095,
          30.690367,
          31.231161
        ]
      },
      {
        "date": "2024-06-07",
        "close": 27.919285,
        "volume": 2954200,
        "typical_volume": 2106120.0,
        "trend": 31.866432,
        "fair_value": 41.26707,
        "relative_strength": -14.093715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.153107,
        "energy": 90.810599,
        "activity_lines": [
          28.554485,
          29.637931,
          30.3929,
          30.961902
        ]
      },
      {
        "date": "2024-06-14",
        "close": 26.368214,
        "volume": 3552000,
        "typical_volume": 2194365.0,
        "trend": 31.573985,
        "fair_value": 41.139302,
        "relative_strength": -16.808703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.584984,
        "energy": 95.071869,
        "activity_lines": [
          27.638615,
          28.919832,
          29.963625,
          30.607178
        ]
      },
      {
        "date": "2024-06-21",
        "close": 27.919285,
        "volume": 6830400,
        "typical_volume": 2419970.0,
        "trend": 31.326053,
        "fair_value": 41.043704,
        "relative_strength": -11.479161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.907449,
        "energy": 82.824701,
        "activity_lines": [
          27.594299,
          28.564866,
          29.704343,
          30.371391
        ]
      },
      {
        "date": "2024-06-28",
        "close": 26.811378,
        "volume": 5231500,
        "typical_volume": 2563100.0,
        "trend": 31.098682,
        "fair_value": 40.944926,
        "relative_strength": -14.253312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.693684,
        "energy": 74.982778,
        "activity_lines": [
          27.284085,
          28.08098,
          29.356486,
          30.080121
        ]
      },
      {
        "date": "2024-07-05",
        "close": 26.146631,
        "volume": 4062400,
        "typical_volume": 2692140.0,
        "trend": 30.841967,
        "fair_value": 40.847117,
        "relative_strength": -16.677454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.383032,
        "energy": 68.694095,
        "activity_lines": [
          26.826149,
          27.568892,
          28.970614,
          29.760634
        ]
      },
      {
        "date": "2024-07-12",
        "close": 26.146631,
        "volume": 4699900,
        "typical_volume": 2860640.0,
        "trend": 30.599624,
        "fair_value": 40.745386,
        "relative_strength": -17.521596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.533148,
        "energy": 66.810493,
        "activity_lines": [
          26.530706,
          27.149792,
          28.612177,
          29.457709
        ]
      },
      {
        "date": "2024-07-19",
        "close": 23.487652,
        "volume": 4054700,
        "typical_volume": 2928195.0,
        "trend": 30.254276,
        "fair_value": 40.638377,
        "relative_strength": -24.622127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.861299,
        "energy": 84.608288,
        "activity_lines": [
          25.467115,
          26.34807,
          28.028963,
          28.998872
        ]
      },
      {
        "date": "2024-07-26",
        "close": 23.709232,
        "volume": 1983900,
        "typical_volume": 2851500.0,
        "trend": 29.901942,
        "fair_value": 40.532789,
        "relative_strength": -22.887149,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.423885,
        "energy": 90.34194,
        "activity_lines": [
          24.66942,
          25.735698,
          27.506949,
          28.576612
        ]
      },
      {
        "date": "2024-08-02",
        "close": 23.930815,
        "volume": 1273700,
        "typical_volume": 2794775.0,
        "trend": 29.549806,
        "fair_value": 40.429928,
        "relative_strength": -22.053214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.73735,
        "energy": 84.749947,
        "activity_lines": [
          24.226257,
          25.268362,
          27.041998,
          28.191378
        ]
      },
      {
        "date": "2024-08-09",
        "close": 23.709232,
        "volume": 2178000,
        "typical_volume": 2802800.0,
        "trend": 29.233404,
        "fair_value": 40.323032,
        "relative_strength": -21.235689,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.932457,
        "energy": 78.909623,
        "activity_lines": [
          23.90127,
          24.833256,
          26.589823,
          27.814566
        ]
      },
      {
        "date": "2024-08-16",
        "close": 23.266071,
        "volume": 2843200,
        "typical_volume": 2845885.0,
        "trend": 28.966907,
        "fair_value": 40.194991,
        "relative_strength": -22.468762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.954117,
        "energy": 78.451721,
        "activity_lines": [
          23.591056,
          24.406208,
          26.130376,
          27.429577
        ]
      },
      {
        "date": "2024-08-23",
        "close": 24.373978,
        "volume": 3638500,
        "typical_volume": 2759435.0,
        "trend": 28.744527,
        "fair_value": 40.072744,
        "relative_strength": -21.297809,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.964678,
        "energy": 63.000866,
        "activity_lines": [
          23.842182,
          24.265202,
          25.810409,
          27.133259
        ]
      },
      {
        "date": "2024-08-30",
        "close": 24.148293,
        "volume": 5920000,
        "typical_volume": 2947495.0,
        "trend": 28.500251,
        "fair_value": 39.950358,
        "relative_strength": -21.709975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.03028,
        "energy": 56.408939,
        "activity_lines": [
          23.958991,
          24.11942,
          25.49969,
          26.836728
        ]
      },
      {
        "date": "2024-09-06",
        "close": 25.953773,
        "volume": 3353700,
        "typical_volume": 3115180.0,
        "trend": 28.294598,
        "fair_value": 39.844775,
        "relative_strength": -19.350044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.293115,
        "energy": 38.592151,
        "activity_lines": [
          24.648356,
          24.370471,
          25.397871,
          26.672439
        ]
      },
      {
        "date": "2024-09-13",
        "close": 25.502403,
        "volume": 8419400,
        "typical_volume": 3436930.0,
        "trend": 28.081087,
        "fair_value": 39.72584,
        "relative_strength": -20.04789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.29981,
        "energy": 26.293556,
        "activity_lines": [
          25.052401,
          24.555048,
          25.281417,
          26.492297
        ]
      },
      {
        "date": "2024-09-20",
        "close": 26.179457,
        "volume": 5898900,
        "typical_volume": 3685790.0,
        "trend": 27.882957,
        "fair_value": 39.609937,
        "relative_strength": -18.860579,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.675893,
        "energy": 25.939722,
        "activity_lines": [
          25.562585,
          24.874439,
          25.256866,
          26.369612
        ]
      },
      {
        "date": "2024-09-27",
        "close": 26.630829,
        "volume": 5919500,
        "typical_volume": 3920960.0,
        "trend": 27.707059,
        "fair_value": 39.502157,
        "relative_strength": -16.786749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.656326,
        "energy": 24.344792,
        "activity_lines": [
          26.029001,
          25.275301,
          25.301553,
          26.288829
        ]
      },
      {
        "date": "2024-10-04",
        "close": 26.179457,
        "volume": 6033500,
        "typical_volume": 4115925.0,
        "trend": 27.537675,
        "fair_value": 39.392791,
        "relative_strength": -17.289825,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.391539,
        "energy": 19.152485,
        "activity_lines": [
          26.194503,
          25.536946,
          25.327326,
          26.190274
        ]
      },
      {
        "date": "2024-10-11",
        "close": 26.630829,
        "volume": 4869500,
        "typical_volume": 4245555.0,
        "trend": 27.390524,
        "fair_value": 39.271937,
        "relative_strength": -16.723125,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.245077,
        "energy": 17.236667,
        "activity_lines": [
          26.375052,
          25.835745,
          25.411758,
          26.131768
        ]
      },
      {
        "date": "2024-10-18",
        "close": 25.276718,
        "volume": 3793600,
        "typical_volume": 4375525.0,
        "trend": 27.198235,
        "fair_value": 39.148939,
        "relative_strength": -21.286796,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.192633,
        "energy": 14.332837,
        "activity_lines": [
          26.059093,
          25.839252,
          25.373362,
          25.995393
        ]
      },
      {
        "date": "2024-10-25",
        "close": 24.599663,
        "volume": 1511300,
        "typical_volume": 4303380.0,
        "trend": 27.004937,
        "fair_value": 39.020295,
        "relative_strength": -21.351117,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.138375,
        "energy": 19.23989,
        "activity_lines": [
          25.532494,
          25.691158,
          25.286234,
          25.827743
        ]
      },
      {
        "date": "2024-11-01",
        "close": 24.599663,
        "volume": 895600,
        "typical_volume": 4170560.0,
        "trend": 26.797266,
        "fair_value": 38.89165,
        "relative_strength": -20.825003,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.047305,
        "energy": 26.478932,
        "activity_lines": [
          25.111216,
          25.518816,
          25.214914,
          25.672565
        ]
      },
      {
        "date": "2024-11-08",
        "close": 24.148293,
        "volume": 1429400,
        "typical_volume": 3900510.0,
        "trend": 26.538617,
        "fair_value": 38.750959,
        "relative_strength": -21.702756,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.555215,
        "energy": 37.240416,
        "activity_lines": [
          24.674891,
          25.260305,
          25.109027,
          25.501663
        ]
      },
      {
        "date": "2024-11-15",
        "close": 22.568501,
        "volume": 4345400,
        "typical_volume": 3856205.0,
        "trend": 26.227309,
        "fair_value": 38.602757,
        "relative_strength": -25.078084,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -76.422891,
        "energy": 68.89183,
        "activity_lines": [
          23.847381,
          24.714558,
          24.870642,
          25.245527
        ]
      },
      {
        "date": "2024-11-22",
        "close": 23.019869,
        "volume": 3638400,
        "typical_volume": 3835005.0,
        "trend": 25.952605,
        "fair_value": 38.469215,
        "relative_strength": -23.108944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.814864,
        "energy": 71.449943,
        "activity_lines": [
          23.441148,
          24.312428,
          24.695448,
          25.038595
        ]
      },
      {
        "date": "2024-11-29",
        "close": 22.387949,
        "volume": 4816200,
        "typical_volume": 3840820.0,
        "trend": 25.642465,
        "fair_value": 38.344697,
        "relative_strength": -23.620829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.455984,
        "energy": 76.693987,
        "activity_lines": [
          22.974732,
          23.840541,
          24.47496,
          24.808617
        ]
      },
      {
        "date": "2024-12-06",
        "close": 23.245554,
        "volume": 3740900,
        "typical_volume": 3825130.0,
        "trend": 25.361111,
        "fair_value": 38.217831,
        "relative_strength": -21.403081,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.848773,
        "energy": 71.509846,
        "activity_lines": [
          22.941631,
          23.593519,
          24.354048,
          24.653978
        ]
      },
      {
        "date": "2024-12-13",
        "close": 23.471239,
        "volume": 2030300,
        "typical_volume": 3827450.0,
        "trend": 25.16114,
        "fair_value": 38.096335,
        "relative_strength": -18.931414,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.260937,
        "energy": 53.188991,
        "activity_lines": [
          23.074033,
          23.449081,
          24.255782,
          24.532051
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.297678,
        "volume": 3615200,
        "typical_volume": 3944525.0,
        "trend": 24.973753,
        "fair_value": 37.968624,
        "relative_strength": -18.62726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.708973,
        "energy": 49.687646,
        "activity_lines": [
          22.860385,
          23.140508,
          24.046882,
          24.347311
        ]
      },
      {
        "date": "2024-12-27",
        "close": 22.794184,
        "volume": 3291500,
        "typical_volume": 4000200.0,
        "trend": 24.780759,
        "fair_value": 37.842787,
        "relative_strength": -18.353716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.347781,
        "energy": 40.37496,
        "activity_lines": [
          22.830294,
          23.000994,
          23.893045,
          24.206694
        ]
      },
      {
        "date": "2025-01-03",
        "close": 21.03384,
        "volume": 2581800,
        "typical_volume": 3987130.0,
        "trend": 24.551244,
        "fair_value": 37.705667,
        "relative_strength": -23.084653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.199018,
        "energy": 55.850257,
        "activity_lines": [
          22.228467,
          22.586554,
          23.575913,
          23.964957
        ]
      },
      {
        "date": "2025-01-10",
        "close": 18.776991,
        "volume": 9322300,
        "typical_volume": 4271320.0,
        "trend": 24.298203,
        "fair_value": 37.555387,
        "relative_strength": -29.828566,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.189985,
        "energy": 87.786038,
        "activity_lines": [
          20.964631,
          21.826611,
          23.054474,
          23.592425
        ]
      },
      {
        "date": "2025-01-17",
        "close": 18.0548,
        "volume": 9601200,
        "typical_volume": 4455380.0,
        "trend": 23.969387,
        "fair_value": 37.397862,
        "relative_strength": -30.52588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.669014,
        "energy": 95.204513,
        "activity_lines": [
          19.757969,
          21.041227,
          22.490906,
          23.189624
        ]
      },
      {
        "date": "2025-01-24",
        "close": 16.790964,
        "volume": 14344300,
        "typical_volume": 5004910.0,
        "trend": 23.635373,
        "fair_value": 37.236159,
        "relative_strength": -35.370544,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.363308,
        "energy": 96.862096,
        "activity_lines": [
          18.491124,
          20.136846,
          21.83599,
          22.7265
        ]
      },
      {
        "date": "2025-01-31",
        "close": 15.888223,
        "volume": 12070700,
        "typical_volume": 5187475.0,
        "trend": 23.293426,
        "fair_value": 37.060823,
        "relative_strength": -36.324313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.055796,
        "energy": 96.308248,
        "activity_lines": [
          17.29048,
          19.173376,
          21.138731,
          22.226684
        ]
      },
      {
        "date": "2025-02-07",
        "close": 15.797949,
        "volume": 14739800,
        "typical_volume": 5629520.0,
        "trend": 22.94847,
        "fair_value": 36.891447,
        "relative_strength": -34.366432,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.571132,
        "energy": 93.287604,
        "activity_lines": [
          16.520141,
          18.323159,
          20.478656,
          21.743105
        ]
      },
      {
        "date": "2025-02-14",
        "close": 16.790964,
        "volume": 15535600,
        "typical_volume": 6110325.0,
        "trend": 22.725247,
        "fair_value": 36.724513,
        "relative_strength": -28.978839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.443361,
        "energy": 88.155384,
        "activity_lines": [
          16.429868,
          17.773309,
          19.96259,
          21.345847
        ]
      },
      {
        "date": "2025-02-21",
        "close": 17.15206,
        "volume": 12312000,
        "typical_volume": 6424250.0,
        "trend": 22.506675,
        "fair_value": 36.554665,
        "relative_strength": -25.231584,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.733595,
        "energy": 72.060948,
        "activity_lines": [
          16.592361,
          17.406468,
          19.52777,
          20.986286
        ]
      },
      {
        "date": "2025-02-28",
        "close": 17.422878,
        "volume": 12928600,
        "typical_volume": 6827205.0,
        "trend": 22.289743,
        "fair_value": 36.383937,
        "relative_strength": -20.635529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.100304,
        "energy": 63.782929,
        "activity_lines": [
          16.90531,
          17.203761,
          19.16173,
          20.658299
        ]
      },
      {
        "date": "2025-03-07",
        "close": 17.874249,
        "volume": 9637700,
        "typical_volume": 7119410.0,
        "trend": 22.095244,
        "fair_value": 36.223948,
        "relative_strength": -17.799481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.58505,
        "energy": 52.702129,
        "activity_lines": [
          17.326588,
          17.171755,
          18.882525,
          20.373429
        ]
      },
      {
        "date": "2025-03-14",
        "close": 17.964525,
        "volume": 7482400,
        "typical_volume": 7417965.0,
        "trend": 21.918526,
        "fair_value": 36.059308,
        "relative_strength": -14.751674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.93467,
        "energy": 42.797764,
        "activity_lines": [
          17.645556,
          17.245615,
          18.647168,
          20.106931
        ]
      },
      {
        "date": "2025-03-21",
        "close": 17.15206,
        "volume": 9121400,
        "typical_volume": 7829255.0,
        "trend": 21.677795,
        "fair_value": 35.895996,
        "relative_strength": -18.790465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.290705,
        "energy": 40.289197,
        "activity_lines": [
          17.549264,
          17.227561,
          18.366029,
          19.799417
        ]
      },
      {
        "date": "2025-03-28",
        "close": 16.97151,
        "volume": 5625400,
        "typical_volume": 8039055.0,
        "trend": 21.438569,
        "fair_value": 35.722375,
        "relative_strength": -18.208799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.763611,
        "energy": 41.854493,
        "activity_lines": [
          17.368716,
          17.206223,
          18.10316,
          19.495785
        ]
      },
      {
        "date": "2025-04-04",
        "close": 16.068771,
        "volume": 6686600,
        "typical_volume": 8156115.0,
        "trend": 21.109069,
        "fair_value": 35.535123,
        "relative_strength": -18.37867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.814353,
        "energy": 55.598961,
        "activity_lines": [
          16.899292,
          17.040447,
          17.788491,
          19.149347
        ]
      },
      {
        "date": "2025-04-11",
        "close": 15.166031,
        "volume": 13417300,
        "typical_volume": 8645060.0,
        "trend": 20.764523,
        "fair_value": 35.344699,
        "relative_strength": -22.396712,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.14985,
        "energy": 71.546232,
        "activity_lines": [
          16.219228,
          16.723668,
          17.418797,
          18.765925
        ]
      },
      {
        "date": "2025-04-18",
        "close": 16.429869,
        "volume": 6402300,
        "typical_volume": 8724365.0,
        "trend": 20.439537,
        "fair_value": 35.164991,
        "relative_strength": -16.662115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.559228,
        "energy": 61.632497,
        "activity_lines": [
          16.140991,
          16.649807,
          17.206868,
          18.48627
        ]
      },
      {
        "date": "2025-04-25",
        "close": 16.97151,
        "volume": 7335300,
        "typical_volume": 8904085.0,
        "trend": 20.11756,
        "fair_value": 34.98614,
        "relative_strength": -13.704272,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.318208,
        "energy": 54.883325,
        "activity_lines": [
          16.345611,
          16.662938,
          17.074896,
          18.262526
        ]
      },
      {
        "date": "2025-05-02",
        "close": 17.242334,
        "volume": 3954200,
        "typical_volume": 9000280.0,
        "trend": 19.819656,
        "fair_value": 34.818178,
        "relative_strength": -14.401479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.223596,
        "energy": 45.164184,
        "activity_lines": [
          16.652543,
          16.722027,
          16.998593,
          18.077028
        ]
      },
      {
        "date": "2025-05-09",
        "close": 16.876167,
        "volume": 6627200,
        "typical_volume": 9150880.0,
        "trend": 19.4945,
        "fair_value": 34.662087,
        "relative_strength": -16.167754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.110735,
        "energy": 29.159816,
        "activity_lines": [
          16.819365,
          16.712898,
          16.917079,
          17.887125
        ]
      },
      {
        "date": "2025-05-16",
        "close": 15.732018,
        "volume": 7127000,
        "typical_volume": 9342655.0,
        "trend": 19.176344,
        "fair_value": 34.490694,
        "relative_strength": -20.105958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.210391,
        "energy": 35.779348,
        "activity_lines": [
          16.550977,
          16.505683,
          16.752414,
          17.644384
        ]
      },
      {
        "date": "2025-05-23",
        "close": 14.301835,
        "volume": 13179900,
        "typical_volume": 9872560.0,
        "trend": 18.833083,
        "fair_value": 34.30615,
        "relative_strength": -25.447679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.483144,
        "energy": 55.412452,
        "activity_lines": [
          15.768128,
          16.077384,
          16.485171,
          17.3299
        ]
      },
      {
        "date": "2025-05-30",
        "close": 13.53907,
        "volume": 14385400,
        "typical_volume": 10125715.0,
        "trend": 18.464396,
        "fair_value": 34.118044,
        "relative_strength": -26.939512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.322316,
        "energy": 85.263014,
        "activity_lines": [
          14.872894,
          15.576995,
          16.177341,
          16.988351
        ]
      },
      {
        "date": "2025-06-06",
        "close": 13.53907,
        "volume": 6785500,
        "typical_volume": 9984930.0,
        "trend": 18.110755,
        "fair_value": 33.933922,
        "relative_strength": -25.315102,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.735308,
        "energy": 91.10636,
        "activity_lines": [
          14.206489,
          15.142296,
          15.894454,
          16.670588
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13.729761,
        "volume": 9940800,
        "typical_volume": 9764755.0,
        "trend": 17.816131,
        "fair_value": 33.760318,
        "relative_strength": -22.594918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.201001,
        "energy": 88.203879,
        "activity_lines": [
          13.850532,
          14.804677,
          15.651231,
          16.387943
        ]
      },
      {
        "date": "2025-06-20",
        "close": 14.301835,
        "volume": 8195100,
        "typical_volume": 9570975.0,
        "trend": 17.52553,
        "fair_value": 33.574445,
        "relative_strength": -14.379517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.856622,
        "energy": 82.243771,
        "activity_lines": [
          13.895027,
          14.613598,
          15.477068,
          16.161214
        ]
      },
      {
        "date": "2025-06-27",
        "close": 14.015798,
        "volume": 11231300,
        "typical_volume": 9395550.0,
        "trend": 17.246458,
        "fair_value": 33.388067,
        "relative_strength": -16.451774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.025846,
        "energy": 58.267849,
        "activity_lines": [
          13.939522,
          14.386226,
          15.283218,
          15.93478
        ]
      },
      {
        "date": "2025-07-04",
        "close": 16.780819,
        "volume": 20404600,
        "typical_volume": 9639000.0,
        "trend": 17.030967,
        "fair_value": 33.218086,
        "relative_strength": -2.723752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.865728,
        "energy": 23.774612,
        "activity_lines": [
          14.924759,
          14.705477,
          15.36119,
          15.904739
        ]
      },
      {
        "date": "2025-07-11",
        "close": 16.590128,
        "volume": 11680900,
        "typical_volume": 9607445.0,
        "trend": 16.801596,
        "fair_value": 33.052194,
        "relative_strength": -3.348256,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.072114,
        "energy": 18.994201,
        "activity_lines": [
          15.630316,
          14.993523,
          15.421049,
          15.876298
        ]
      },
      {
        "date": "2025-07-18",
        "close": 19.831879,
        "volume": 47462100,
        "typical_volume": 11334120.0,
        "trend": 16.719403,
        "fair_value": 32.909738,
        "relative_strength": 7.543907,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.783146,
        "energy": 45.149876,
        "activity_lines": [
          17.213053,
          15.882838,
          15.792322,
          16.0718
        ]
      },
      {
        "date": "2025-07-25",
        "close": 20.785334,
        "volume": 32547400,
        "typical_volume": 12479605.0,
        "trend": 16.652441,
        "fair_value": 32.772066,
        "relative_strength": 11.884701,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 53.205052,
        "energy": 56.919775,
        "activity_lines": [
          18.7068,
          16.891767,
          16.242929,
          16.334118
        ]
      },
      {
        "date": "2025-08-01",
        "close": 21.452751,
        "volume": 30880200,
        "typical_volume": 13649495.0,
        "trend": 16.666405,
        "fair_value": 32.633361,
        "relative_strength": 15.45518,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 59.196293,
        "energy": 82.696451,
        "activity_lines": [
          19.990787,
          17.930167,
          16.743237,
          16.643815
        ]
      },
      {
        "date": "2025-08-08",
        "close": 23.645699,
        "volume": 35861300,
        "typical_volume": 14986490.0,
        "trend": 16.828695,
        "fair_value": 32.498089,
        "relative_strength": 23.0618,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 91.369763,
        "energy": 96.340513,
        "activity_lines": [
          21.509959,
          19.237268,
          17.435787,
          17.094092
        ]
      },
      {
        "date": "2025-08-15",
        "close": 22.596901,
        "volume": 17124400,
        "typical_volume": 15561440.0,
        "trend": 16.980099,
        "fair_value": 32.349454,
        "relative_strength": 17.557919,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.267041,
        "energy": 90.200077,
        "activity_lines": [
          22.221873,
          20.169921,
          17.997529,
          17.466235
        ]
      },
      {
        "date": "2025-08-22",
        "close": 22.406208,
        "volume": 14497200,
        "typical_volume": 15951970.0,
        "trend": 17.167274,
        "fair_value": 32.187523,
        "relative_strength": 17.143395,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.956485,
        "energy": 86.798243,
        "activity_lines": [
          22.469772,
          20.903215,
          18.514322,
          17.816306
        ]
      },
      {
        "date": "2025-08-29",
        "close": 21.040415,
        "volume": 14691200,
        "typical_volume": 16015665.0,
        "trend": 17.339013,
        "fair_value": 32.007455,
        "relative_strength": 11.601464,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.76786,
        "energy": 68.240815,
        "activity_lines": [
          22.090784,
          21.23043,
          18.870861,
          18.066186
        ]
      },
      {
        "date": "2025-09-05",
        "close": 24.157513,
        "volume": 31331600,
        "typical_volume": 17262130.0,
        "trend": 17.617665,
        "fair_value": 31.848709,
        "relative_strength": 25.133845,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.569306,
        "energy": 65.692547,
        "activity_lines": [
          22.733823,
          22.00187,
          19.496294,
          18.506089
        ]
      },
      {
        "date": "2025-09-12",
        "close": 27.761658,
        "volume": 32830200,
        "typical_volume": 18536875.0,
        "trend": 17.983355,
        "fair_value": 31.718428,
        "relative_strength": 39.972115,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.021706,
        "energy": 72.619376,
        "activity_lines": [
          24.397927,
          23.244214,
          20.42818,
          19.160541
        ]
      },
      {
        "date": "2025-09-19",
        "close": 31.170984,
        "volume": 32521400,
        "typical_volume": 19965235.0,
        "trend": 18.450653,
        "fair_value": 31.6033,
        "relative_strength": 56.081009,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.546174,
        "energy": 83.035645,
        "activity_lines": [
          26.924075,
          24.906784,
          21.633382,
          20.011355
        ]
      },
      {
        "date": "2025-09-26",
        "close": 33.362694,
        "volume": 34431800,
        "typical_volume": 21355465.0,
        "trend": 18.98198,
        "fair_value": 31.504901,
        "relative_strength": 67.273066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.570864,
        "energy": 95.135059,
        "activity_lines": [
          29.609188,
          26.70274,
          22.980992,
          20.973422
        ]
      },
      {
        "date": "2025-10-03",
        "close": 32.875648,
        "volume": 14766100,
        "typical_volume": 21737420.0,
        "trend": 19.482026,
        "fair_value": 31.406061,
        "relative_strength": 61.485497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.628955,
        "energy": 92.798932,
        "activity_lines": [
          31.40152,
          28.164128,
          24.203709,
          21.869788
        ]
      },
      {
        "date": "2025-10-10",
        "close": 31.901554,
        "volume": 14976000,
        "typical_volume": 21827225.0,
        "trend": 19.946594,
        "fair_value": 31.313039,
        "relative_strength": 56.234048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.363689,
        "energy": 87.867832,
        "activity_lines": [
          32.080138,
          29.228584,
          25.252019,
          22.671048
        ]
      },
      {
        "date": "2025-10-17",
        "close": 32.632126,
        "volume": 11733900,
        "typical_volume": 21694650.0,
        "trend": 20.462596,
        "fair_value": 31.208617,
        "relative_strength": 59.691446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.500886,
        "energy": 84.642919,
        "activity_lines": [
          32.486011,
          30.235893,
          26.286099,
          23.489469
        ]
      },
      {
        "date": "2025-10-24",
        "close": 30.927462,
        "volume": 6935200,
        "typical_volume": 21702135.0,
        "trend": 20.927795,
        "fair_value": 31.093269,
        "relative_strength": 45.646809,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.07144,
        "energy": 65.762692,
        "activity_lines": [
          31.998964,
          30.769873,
          27.066911,
          24.164622
        ]
      },
      {
        "date": "2025-10-31",
        "close": 31.901554,
        "volume": 9704600,
        "typical_volume": 21690325.0,
        "trend": 21.455554,
        "fair_value": 30.988185,
        "relative_strength": 49.396017,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.404688,
        "energy": 63.353275,
        "activity_lines": [
          31.85285,
          31.329496,
          27.857691,
          24.872607
        ]
      },
      {
        "date": "2025-11-07",
        "close": 29.709845,
        "volume": 10771000,
        "typical_volume": 21819120.0,
        "trend": 21.940348,
        "fair_value": 30.871731,
        "relative_strength": 38.802059,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.567639,
        "energy": 54.8431,
        "activity_lines": [
          31.073576,
          31.317984,
          28.353205,
          25.405141
        ]
      },
      {
        "date": "2025-11-14",
        "close": 23.670465,
        "volume": 35558800,
        "typical_volume": 23035495.0,
        "trend": 22.181701,
        "fair_value": 30.715224,
        "relative_strength": 13.120449,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.30099,
        "energy": 22.409363,
        "activity_lines": [
          28.492228,
          30.050777,
          28.200169,
          25.516762
        ]
      },
      {
        "date": "2025-11-21",
        "close": 22.793781,
        "volume": 37563200,
        "typical_volume": 23893425.0,
        "trend": 22.375777,
        "fair_value": 30.562478,
        "relative_strength": 9.932099,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.271508,
        "energy": 23.513478,
        "activity_lines": [
          26.167391,
          28.633028,
          27.917664,
          25.556251
        ]
      },
      {
        "date": "2025-11-28",
        "close": 20.943005,
        "volume": 24389700,
        "typical_volume": 24528865.0,
        "trend": 22.499133,
        "fair_value": 30.392508,
        "relative_strength": 0.706848,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -19.233993,
        "energy": 37.275755,
        "activity_lines": [
          23.881519,
          26.9691,
          27.430262,
          25.463814
        ]
      },
      {
        "date": "2025-12-05",
        "close": 19.287046,
        "volume": 18041900,
        "typical_volume": 23057855.0,
        "trend": 22.579495,
        "fair_value": 30.207901,
        "relative_strength": -8.407234,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -43.397571,
        "energy": 53.258022,
        "activity_lines": [
          21.709291,
          25.190051,
          26.764421,
          25.256583
        ]
      },
      {
        "date": "2025-12-12",
        "close": 18.605181,
        "volume": 16341300,
        "typical_volume": 22247550.0,
        "trend": 22.675267,
        "fair_value": 30.014904,
        "relative_strength": -10.096529,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.593655,
        "energy": 74.67768,
        "activity_lines": [
          20.150742,
          23.542948,
          26.036235,
          25.000175
        ]
      },
      {
        "date": "2025-12-19",
        "close": 18.215544,
        "volume": 13308500,
        "typical_volume": 21368965.0,
        "trend": 22.805724,
        "fair_value": 29.824769,
        "relative_strength": -11.661037,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.140054,
        "energy": 78.708356,
        "activity_lines": [
          19.202625,
          22.084465,
          25.281323,
          24.712451
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17.923315,
        "volume": 10204300,
        "typical_volume": 20086115.0,
        "trend": 22.951866,
        "fair_value": 29.62472,
        "relative_strength": -13.360052,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.693774,
        "energy": 78.002014,
        "activity_lines": [
          18.520759,
          20.821686,
          24.513994,
          24.397457
        ]
      },
      {
        "date": "2026-01-02",
        "close": 17.728498,
        "volume": 4054500,
        "typical_volume": 19432620.0,
        "trend": 23.091513,
        "fair_value": 29.414041,
        "relative_strength": -14.218335,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.430827,
        "energy": 79.642616,
        "activity_lines": [
          18.098653,
          19.790918,
          23.755361,
          24.060466
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.631088,
        "volume": 13128200,
        "typical_volume": 19364170.0,
        "trend": 23.221558,
        "fair_value": 29.212119,
        "relative_strength": -14.343501,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.746285,
        "energy": 77.419937,
        "activity_lines": [
          17.858376,
          18.982421,
          23.010634,
          23.70818
        ]
      },
      {
        "date": "2026-01-16",
        "close": 18.410362,
        "volume": 13131500,
        "typical_volume": 19286185.0,
        "trend": 23.358509,
        "fair_value": 29.024574,
        "relative_strength": -12.165162,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.013291,
        "energy": 67.29287,
        "activity_lines": [
          17.988255,
          18.575073,
          22.362862,
          23.39778
        ]
      },
      {
        "date": "2026-01-23",
        "close": 18.312952,
        "volume": 20666700,
        "typical_volume": 18752940.0,
        "trend": 23.501747,
        "fair_value": 28.836404,
        "relative_strength": -15.360137,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.67857,
        "energy": 62.362873,
        "activity_lines": [
          18.098652,
          18.355459,
          21.718337,
          23.072261
        ]
      },
      {
        "date": "2026-01-30",
        "close": 18.312952,
        "volume": 11106500,
        "typical_volume": 17666755.0,
        "trend": 23.552818,
        "fair_value": 28.648234,
        "relative_strength": -16.246215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.117147,
        "energy": 59.057215,
        "activity_lines": [
          18.202555,
          18.233254,
          21.101643,
          22.7375
        ]
      },
      {
        "date": "2026-02-06",
        "close": 20.066322,
        "volume": 30513400,
        "typical_volume": 17566355.0,
        "trend": 23.668691,
        "fair_value": 28.471303,
        "relative_strength": -10.412363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.384593,
        "energy": 46.273796,
        "activity_lines": [
          18.864939,
          18.511314,
          20.69693,
          22.512564
        ]
      },
      {
        "date": "2026-02-13",
        "close": 19.676685,
        "volume": 26123700,
        "typical_volume": 17150950.0,
        "trend": 23.663518,
        "fair_value": 28.306617,
        "relative_strength": -16.897774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.139281,
        "energy": 45.046648,
        "activity_lines": [
          19.241589,
          18.73447,
          20.307989,
          22.255016
        ]
      },
      {
        "date": "2026-02-20",
        "close": 23.475647,
        "volume": 45035900,
        "typical_volume": 18664440.0,
        "trend": 23.753195,
        "fair_value": 28.158242,
        "relative_strength": -4.390036,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.688792,
        "energy": 26.779426,
        "activity_lines": [
          20.748186,
          19.641262,
          20.346025,
          22.242895
        ]
      },
      {
        "date": "2026-02-27",
        "close": 21.722279,
        "volume": 45220700,
        "typical_volume": 20176675.0,
        "trend": 23.762179,
        "fair_value": 28.009349,
        "relative_strength": -14.315664,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.57665,
        "energy": 31.540458,
        "activity_lines": [
          21.332642,
          20.140706,
          20.261835,
          22.111868
        ]
      },
      {
        "date": "2026-03-06",
        "close": 18.799999,
        "volume": 20670500,
        "typical_volume": 20623505.0,
        "trend": 23.600656,
        "fair_value": 27.841723,
        "relative_strength": -19.50031,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.525246,
        "energy": 27.343786,
        "activity_lines": [
          20.715716,
          20.045068,
          19.947806,
          21.791727
        ]
      },
      {
        "date": "2026-03-13",
        "close": 18.507772,
        "volume": 23548600,
        "typical_volume": 21454175.0,
        "trend": 23.464352,
        "fair_value": 27.684286,
        "relative_strength": -20.493598,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.283122,
        "energy": 22.689989,
        "activity_lines": [
          19.968911,
          19.880358,
          19.671813,
          21.463154
        ]
      },
      {
        "date": "2026-03-20",
        "close": 18.702591,
        "volume": 19953500,
        "typical_volume": 21966620.0,
        "trend": 23.340898,
        "fair_value": 27.526758,
        "relative_strength": -20.8528,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.333342,
        "energy": 36.158819,
        "activity_lines": [
          19.39095,
          19.7369,
          19.473516,
          21.155944
        ]
      },
      {
        "date": "2026-03-27",
        "close": 18.118135,
        "volume": 10755600,
        "typical_volume": 21965850.0,
        "trend": 23.243489,
        "fair_value": 27.368163,
        "relative_strength": -23.900963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.618197,
        "energy": 45.187515,
        "activity_lines": [
          18.683109,
          19.467697,
          19.282408,
          20.818991
        ]
      },
      {
        "date": "2026-04-03",
        "close": 18.312952,
        "volume": 14446200,
        "typical_volume": 20910220.0,
        "trend": 23.04867,
        "fair_value": 27.214838,
        "relative_strength": -23.299225,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.220374,
        "energy": 44.62726,
        "activity_lines": [
          18.397374,
          19.239227,
          19.165053,
          20.500892
        ]
      },
      {
        "date": "2026-04-10",
        "close": 18.605181,
        "volume": 9041900,
        "typical_volume": 19484155.0,
        "trend": 22.743454,
        "fair_value": 27.060705,
        "relative_strength": -24.711727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.357397,
        "energy": 40.86525,
        "activity_lines": [
          18.436338,
          19.06389,
          19.101041,
          20.214215
        ]
      },
      {
        "date": "2026-04-17",
        "close": 18.507772,
        "volume": 5559700,
        "typical_volume": 18542655.0,
        "trend": 22.321347,
        "fair_value": 26.913989,
        "relative_strength": -23.713543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.045202,
        "energy": 37.555544,
        "activity_lines": [
          18.45582,
          18.86553,
          19.047698,
          19.940946
        ]
      },
      {
        "date": "2026-04-24",
        "close": 18.410362,
        "volume": 6197000,
        "typical_volume": 17950410.0,
        "trend": 21.822936,
        "fair_value": 26.767989,
        "relative_strength": -22.559856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.987312,
        "energy": 33.558594,
        "activity_lines": [
          18.442832,
          18.677795,
          18.996674,
          19.688624
        ]
      },
      {
        "date": "2026-05-01",
        "close": 18.507772,
        "volume": 3153600,
        "typical_volume": 17291025.0,
        "trend": 21.344007,
        "fair_value": 26.625294,
        "relative_strength": -23.930957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.805973,
        "energy": 29.318446,
        "activity_lines": [
          18.481796,
          18.530796,
          18.959102,
          19.474743
        ]
      },
      {
        "date": "2026-05-08",
        "close": 18.799999,
        "volume": 10697300,
        "typical_volume": 17160465.0,
        "trend": 20.907288,
        "fair_value": 26.464617,
        "relative_strength": -22.945469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.079649,
        "energy": 23.257106,
        "activity_lines": [
          18.592193,
          18.527253,
          18.949824,
          19.310613
        ]
      },
      {
        "date": "2026-05-15",
        "close": 20.5,
        "volume": 23337400,
        "typical_volume": 17817120.0,
        "trend": 20.502884,
        "fair_value": 26.317568,
        "relative_strength": -16.985644,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.056124,
        "energy": 7.333097,
        "activity_lines": [
          19.236787,
          18.885935,
          19.099669,
          19.284336
        ]
      },
      {
        "date": "2026-05-22",
        "close": 21.299999,
        "volume": 21345900,
        "typical_volume": 18681690.0,
        "trend": 20.181968,
        "fair_value": 26.171553,
        "relative_strength": -15.076775,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 9.291985,
        "energy": 17.16427,
        "activity_lines": [
          20.021727,
          19.359161,
          19.313434,
          19.335763
        ]
      },
      {
        "date": "2026-05-29",
        "close": 20.5,
        "volume": 31983900,
        "typical_volume": 19624475.0,
        "trend": 19.801917,
        "fair_value": 26.019043,
        "relative_strength": -19.935941,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.573235,
        "energy": 35.488537,
        "activity_lines": [
          20.353851,
          19.636165,
          19.434002,
          19.356281
        ]
      },
      {
        "date": "2026-06-05",
        "close": 21.700001,
        "volume": 5800900,
        "typical_volume": 19257945.0,
        "trend": 19.534922,
        "fair_value": 25.883782,
        "relative_strength": -16.188801,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.717864,
        "energy": 63.491636,
        "activity_lines": [
          20.946667,
          20.098672,
          19.655193,
          19.478738
        ]
      },
      {
        "date": "2026-06-12",
        "close": 20.700001,
        "volume": 1434200,
        "typical_volume": 18296320.0,
        "trend": 19.435906,
        "fair_value": 25.748935,
        "relative_strength": -20.615439,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 61.194326,
        "energy": 69.671699,
        "activity_lines": [
          20.993334,
          20.314235,
          19.765482,
          19.553905
        ]
      },
      {
        "date": "2026-06-19",
        "close": 21.200001,
        "volume": 921100,
        "typical_volume": 17787050.0,
        "trend": 19.38278,
        "fair_value": 25.620023,
        "relative_strength": -17.67684,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.616379,
        "energy": 68.525191,
        "activity_lines": [
          21.080001,
          20.577306,
          19.912023,
          19.667717
        ]
      },
      {
        "date": "2026-06-26",
        "close": 21.0,
        "volume": 712500,
        "typical_volume": 16297005.0,
        "trend": 19.38468,
        "fair_value": 25.502114,
        "relative_strength": -16.923937,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.379357,
        "energy": 62.24153,
        "activity_lines": [
          21.053334,
          20.756835,
          20.025769,
          19.772054
        ]
      },
      {
        "date": "2026-07-03",
        "close": 22.1,
        "volume": 9339000,
        "typical_volume": 15457770.0,
        "trend": 19.478445,
        "fair_value": 25.395351,
        "relative_strength": -16.18832,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.7389,
        "energy": 55.240008,
        "activity_lines": [
          21.413334,
          21.091051,
          20.23983,
          19.947236
        ]
      },
      {
        "date": "2026-07-10",
        "close": 21.799999,
        "volume": 10851000,
        "typical_volume": 13748525.0,
        "trend": 19.584939,
        "fair_value": 25.283935,
        "relative_strength": -17.718756,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.781659,
        "energy": 50.079862,
        "activity_lines": [
          21.566667,
          21.303636,
          20.41378,
          20.097014
        ]
      },
      {
        "date": "2026-07-17",
        "close": 21.6,
        "volume": 8090100,
        "typical_volume": 11891995.0,
        "trend": 19.697755,
        "fair_value": 25.175332,
        "relative_strength": -19.033107,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.435219,
        "energy": 44.816489,
        "activity_lines": [
          21.646666,
          21.42,
          20.576662,
          20.227018
        ]
      },
      {
        "date": "2026-07-24",
        "close": 21.5,
        "volume": 11230800,
        "typical_volume": 11420010.0,
        "trend": 19.816977,
        "fair_value": 25.063358,
        "relative_strength": -19.255132,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.052744,
        "energy": 41.961431,
        "activity_lines": [
          21.633333,
          21.467273,
          20.730602,
          20.343291
        ]
      },
      {
        "date": "2026-07-31",
        "close": 21.4,
        "volume": 2808500,
        "typical_volume": 10383005.0,
        "trend": 19.939361,
        "fair_value": 24.950743,
        "relative_strength": -18.292478,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.669055,
        "energy": 34.949287,
        "activity_lines": [
          21.566667,
          21.478182,
          20.862161,
          20.445422
        ]
      },
      {
        "date": "2026-08-07",
        "close": 21.4,
        "volume": 2863200,
        "typical_volume": 9528490.0,
        "trend": 20.064991,
        "fair_value": 24.819019,
        "relative_strength": -17.193331,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.349981,
        "energy": 27.258928,
        "activity_lines": [
          21.473333,
          21.487273,
          20.979948,
          20.539657
        ]
      }
    ],
    "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."
    }
  }
}