{
  "ticker": {
    "uuid": "0c2076a1-1cf1-4a1e-ae7d-7e31758ed517",
    "symbol": "KYE",
    "name": "Kang Yong Electric 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": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 90.139,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 26.492,
    "architecture_energy": 18.81,
    "architecture_maturity": 20.892,
    "architecture_confidence": 48.352,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 49.86,
        "rotation_up": 38.9,
        "upward_expansion": 67.01,
        "deceleration": 60.73,
        "rotation_down": 25.74,
        "downward_expansion": 12.68
      },
      "activity_lines": [
        301.84,
        301.901819,
        301.298096,
        298.91957
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 296.0,
    "trend_reference": 296.12,
    "distance_from_trend": -0.000405,
    "trend_direction": "Improving",
    "fair_value": 278.652437,
    "distance_from_fair_value": 0.062255,
    "fair_value_direction": "Weakening",
    "relative_strength": -12.347037,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.02069,
    "excess_performance": -0.171635,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.000405,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.024282,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.062255,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.052663,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.12347,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.027432,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.02069,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.948745,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 71000,
      "relative_activity": 3.311567,
      "balance": 0.948745,
      "dry_up": 2.715718,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.0273,
      "annualized_volatility": 0.141192,
      "from_high_reference": -0.060317,
      "from_low_reference": 0.088235
    },
    "levels": {
      "trend_reference": 296.12,
      "fair_value_reference": 278.652437,
      "structural_low": 282.0,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.013841,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.079077,
        "regime_survival": 0.0,
        "best_return": 0.014085,
        "worst_return": -0.009597,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.000695,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.12685,
        "regime_survival": 0.0,
        "best_return": 0.024648,
        "worst_return": -0.023257,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.004005,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.043435,
        "regime_survival": 0.0,
        "best_return": 0.017606,
        "worst_return": -0.009597,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.095986,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.129431,
        "regime_survival": 0.0,
        "best_return": 0.095986,
        "worst_return": 0.095986,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-11",
        "end": "2024-10-18",
        "tenure": "New",
        "return": 0.006897,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-25",
        "end": "2024-11-29",
        "tenure": "Developing",
        "return": -0.017123,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-06",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-21",
        "end": "2025-03-07",
        "tenure": "New",
        "return": 0.003356,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-14",
        "end": "2025-07-04",
        "tenure": "Established",
        "return": 0.043919,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-11",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.025806,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.040238,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-29",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.003484,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-17",
        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.007018,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-14",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.031579,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-30",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.017123,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-27",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.03125,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.022059,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.032363,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 249.008896,
        "volume": 9400,
        "typical_volume": 3235.0,
        "trend": 255.558626,
        "fair_value": 287.246706,
        "relative_strength": -0.741102,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.508293,
        "energy": 27.706064,
        "activity_lines": [
          250.663797,
          250.736862,
          251.807972,
          252.880273
        ]
      },
      {
        "date": "2023-08-25",
        "close": 251.593781,
        "volume": 8700,
        "typical_volume": 3575.0,
        "trend": 254.880894,
        "fair_value": 287.271787,
        "relative_strength": -2.246202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.448442,
        "energy": 20.334048,
        "activity_lines": [
          250.957754,
          250.807259,
          251.716081,
          252.624477
        ]
      },
      {
        "date": "2023-09-01",
        "close": 256.763519,
        "volume": 8400,
        "typical_volume": 3920.0,
        "trend": 254.375486,
        "fair_value": 287.350041,
        "relative_strength": -0.253591,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.99914,
        "energy": 8.032055,
        "activity_lines": [
          252.85749,
          251.940076,
          252.128387,
          252.745936
        ]
      },
      {
        "date": "2023-09-08",
        "close": 258.486755,
        "volume": 1200,
        "typical_volume": 3875.0,
        "trend": 253.927519,
        "fair_value": 287.469392,
        "relative_strength": 1.350737,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.400875,
        "energy": 21.887547,
        "activity_lines": [
          254.982826,
          253.244727,
          252.704175,
          253.011179
        ]
      },
      {
        "date": "2023-09-15",
        "close": 256.763519,
        "volume": 7100,
        "typical_volume": 4175.0,
        "trend": 253.846996,
        "fair_value": 287.587715,
        "relative_strength": 1.056897,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.31769,
        "energy": 34.844743,
        "activity_lines": [
          256.016775,
          254.078699,
          253.094864,
          253.194147
        ]
      },
      {
        "date": "2023-09-22",
        "close": 255.901886,
        "volume": 2400,
        "typical_volume": 4185.0,
        "trend": 253.652774,
        "fair_value": 287.695505,
        "relative_strength": 2.017821,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.792763,
        "energy": 45.870834,
        "activity_lines": [
          256.476306,
          254.629979,
          253.366439,
          253.326721
        ]
      },
      {
        "date": "2023-09-29",
        "close": 251.593781,
        "volume": 2400,
        "typical_volume": 4210.0,
        "trend": 253.541553,
        "fair_value": 287.730603,
        "relative_strength": 3.814676,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 13.575847,
        "energy": 28.300521,
        "activity_lines": [
          255.040269,
          254.318503,
          253.223091,
          253.193882
        ]
      },
      {
        "date": "2023-10-06",
        "close": 247.28566,
        "volume": 3700,
        "typical_volume": 4355.0,
        "trend": 253.003472,
        "fair_value": 287.75311,
        "relative_strength": 4.398965,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.565943,
        "energy": 18.230438,
        "activity_lines": [
          252.168192,
          253.191695,
          252.685334,
          252.790277
        ]
      },
      {
        "date": "2023-10-13",
        "close": 244.70079,
        "volume": 5800,
        "typical_volume": 4610.0,
        "trend": 252.775788,
        "fair_value": 287.774073,
        "relative_strength": 2.478704,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -69.538598,
        "energy": 47.172107,
        "activity_lines": [
          249.066348,
          251.672105,
          251.917571,
          252.25462
        ]
      },
      {
        "date": "2023-10-20",
        "close": 240.3927,
        "volume": 4900,
        "typical_volume": 4775.0,
        "trend": 252.291198,
        "fair_value": 287.772429,
        "relative_strength": 4.322299,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.77489,
        "energy": 73.557495,
        "activity_lines": [
          245.447539,
          249.478887,
          250.788226,
          251.455711
        ]
      },
      {
        "date": "2023-10-27",
        "close": 238.669449,
        "volume": 1500,
        "typical_volume": 4755.0,
        "trend": 251.777491,
        "fair_value": 287.759738,
        "relative_strength": 4.36583,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.422071,
        "energy": 83.708849,
        "activity_lines": [
          242.345701,
          247.191673,
          249.559942,
          250.576888
        ]
      },
      {
        "date": "2023-11-03",
        "close": 242.977539,
        "volume": 1800,
        "typical_volume": 4665.0,
        "trend": 251.407387,
        "fair_value": 287.789688,
        "relative_strength": 3.829703,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.973759,
        "energy": 76.837776,
        "activity_lines": [
          241.828722,
          245.875737,
          248.823432,
          250.009149
        ]
      },
      {
        "date": "2023-11-10",
        "close": 251.593781,
        "volume": 19600,
        "typical_volume": 5480.0,
        "trend": 251.239515,
        "fair_value": 287.839812,
        "relative_strength": 9.649206,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.53032,
        "energy": 45.051734,
        "activity_lines": [
          244.75824,
          246.28305,
          248.980622,
          250.021175
        ]
      },
      {
        "date": "2023-11-17",
        "close": 248.147278,
        "volume": 5200,
        "typical_volume": 5450.0,
        "trend": 251.041735,
        "fair_value": 287.707569,
        "relative_strength": 6.043827,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.192463,
        "energy": 25.369917,
        "activity_lines": [
          246.251715,
          246.157722,
          248.797136,
          249.821676
        ]
      },
      {
        "date": "2023-11-24",
        "close": 244.70079,
        "volume": 7000,
        "typical_volume": 5645.0,
        "trend": 250.899028,
        "fair_value": 287.493132,
        "relative_strength": 5.853751,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.468025,
        "energy": 18.58402,
        "activity_lines": [
          246.366595,
          245.593749,
          248.293434,
          249.412582
        ]
      },
      {
        "date": "2023-12-01",
        "close": 247.28566,
        "volume": 2300,
        "typical_volume": 5680.0,
        "trend": 250.644203,
        "fair_value": 287.285247,
        "relative_strength": 8.115904,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.122147,
        "energy": 19.635763,
        "activity_lines": [
          247.055893,
          245.719075,
          248.060344,
          249.179462
        ]
      },
      {
        "date": "2023-12-08",
        "close": 245.562408,
        "volume": 2400,
        "typical_volume": 5665.0,
        "trend": 250.331936,
        "fair_value": 287.076333,
        "relative_strength": 7.168684,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.847906,
        "energy": 17.702455,
        "activity_lines": [
          246.596359,
          245.687742,
          247.683352,
          248.851604
        ]
      },
      {
        "date": "2023-12-15",
        "close": 246.424026,
        "volume": 4700,
        "typical_volume": 5750.0,
        "trend": 250.190018,
        "fair_value": 286.877951,
        "relative_strength": 6.667797,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.723903,
        "energy": 18.764574,
        "activity_lines": [
          246.251707,
          245.922727,
          247.40875,
          248.599481
        ]
      },
      {
        "date": "2023-12-22",
        "close": 247.28566,
        "volume": 1900,
        "typical_volume": 5330.0,
        "trend": 249.935193,
        "fair_value": 286.6901,
        "relative_strength": 5.93097,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.891584,
        "energy": 15.828112,
        "activity_lines": [
          246.538916,
          246.33004,
          247.240528,
          248.412103
        ]
      },
      {
        "date": "2023-12-29",
        "close": 247.28566,
        "volume": 4400,
        "typical_volume": 5240.0,
        "trend": 249.708693,
        "fair_value": 286.497241,
        "relative_strength": 5.002358,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.625596,
        "energy": 14.722379,
        "activity_lines": [
          246.883566,
          246.690354,
          247.088718,
          248.241165
        ]
      },
      {
        "date": "2024-01-05",
        "close": 249.008896,
        "volume": 1300,
        "typical_volume": 4835.0,
        "trend": 249.482984,
        "fair_value": 286.325445,
        "relative_strength": 4.693027,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.868784,
        "energy": 8.226325,
        "activity_lines": [
          247.630304,
          247.238658,
          247.125644,
          248.196017
        ]
      },
      {
        "date": "2024-01-12",
        "close": 249.870529,
        "volume": 2700,
        "typical_volume": 4535.0,
        "trend": 249.201018,
        "fair_value": 286.114096,
        "relative_strength": 5.930991,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.118332,
        "energy": 9.130629,
        "activity_lines": [
          248.54937,
          247.755633,
          247.24463,
          248.22102
        ]
      },
      {
        "date": "2024-01-19",
        "close": 249.008896,
        "volume": 7500,
        "typical_volume": 4490.0,
        "trend": 249.201914,
        "fair_value": 285.897224,
        "relative_strength": 7.704781,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.916436,
        "energy": 10.63715,
        "activity_lines": [
          248.894018,
          247.990619,
          247.289761,
          248.208625
        ]
      },
      {
        "date": "2024-01-26",
        "close": 249.008896,
        "volume": 6300,
        "typical_volume": 4745.0,
        "trend": 249.174484,
        "fair_value": 285.680352,
        "relative_strength": 8.582155,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.486582,
        "energy": 14.50391,
        "activity_lines": [
          249.06634,
          248.272604,
          247.37182,
          248.196172
        ]
      },
      {
        "date": "2024-02-02",
        "close": 256.763519,
        "volume": 16300,
        "typical_volume": 5205.0,
        "trend": 249.405542,
        "fair_value": 285.523205,
        "relative_strength": 10.365354,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.853831,
        "energy": 43.477033,
        "activity_lines": [
          251.708655,
          249.948854,
          248.237546,
          248.685787
        ]
      },
      {
        "date": "2024-02-09",
        "close": 268.826233,
        "volume": 19800,
        "typical_volume": 6075.0,
        "trend": 249.982039,
        "fair_value": 285.303146,
        "relative_strength": 14.79575,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 65.779416,
        "energy": 76.230135,
        "activity_lines": [
          257.740017,
          253.599003,
          250.252103,
          249.938735
        ]
      },
      {
        "date": "2024-02-16",
        "close": 284.335419,
        "volume": 24500,
        "typical_volume": 7180.0,
        "trend": 251.13216,
        "fair_value": 285.132419,
        "relative_strength": 20.93805,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 97.37379,
        "energy": 98.289094,
        "activity_lines": [
          267.619951,
          259.677357,
          253.68218,
          252.155082
        ]
      },
      {
        "date": "2024-02-23",
        "close": 275.719208,
        "volume": 8500,
        "typical_volume": 7420.0,
        "trend": 251.938423,
        "fair_value": 284.866391,
        "relative_strength": 15.791448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.04614,
        "energy": 93.102094,
        "activity_lines": [
          272.330157,
          263.484163,
          256.135753,
          253.741344
        ]
      },
      {
        "date": "2024-03-01",
        "close": 272.272705,
        "volume": 6200,
        "typical_volume": 7440.0,
        "trend": 252.656441,
        "fair_value": 284.568254,
        "relative_strength": 16.3811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.115938,
        "energy": 88.248796,
        "activity_lines": [
          274.11084,
          266.131693,
          258.12569,
          255.053233
        ]
      },
      {
        "date": "2024-03-08",
        "close": 269.687836,
        "volume": 10000,
        "typical_volume": 7695.0,
        "trend": 253.230856,
        "fair_value": 284.273582,
        "relative_strength": 13.316323,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.779741,
        "energy": 87.326631,
        "activity_lines": [
          273.47898,
          267.854937,
          259.738154,
          256.152032
        ]
      },
      {
        "date": "2024-03-15",
        "close": 272.272705,
        "volume": 2300,
        "typical_volume": 7735.0,
        "trend": 254.006316,
        "fair_value": 283.985461,
        "relative_strength": 13.979479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.190303,
        "energy": 64.192945,
        "activity_lines": [
          272.847121,
          269.640844,
          261.457296,
          257.380539
        ]
      },
      {
        "date": "2024-03-22",
        "close": 272.272705,
        "volume": 3900,
        "typical_volume": 7840.0,
        "trend": 254.695614,
        "fair_value": 283.677307,
        "relative_strength": 13.921765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.486128,
        "energy": 59.322182,
        "activity_lines": [
          271.985498,
          271.003773,
          263.016422,
          258.559016
        ]
      },
      {
        "date": "2024-03-29",
        "close": 273.134338,
        "volume": 300,
        "typical_volume": 6875.0,
        "trend": 255.241308,
        "fair_value": 283.374676,
        "relative_strength": 14.028442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.99415,
        "energy": 56.984084,
        "activity_lines": [
          272.215267,
          272.116051,
          264.518107,
          259.748611
        ]
      },
      {
        "date": "2024-04-05",
        "close": 272.272705,
        "volume": 2200,
        "typical_volume": 6725.0,
        "trend": 255.700839,
        "fair_value": 283.10659,
        "relative_strength": 13.401772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.545709,
        "energy": 50.363057,
        "activity_lines": [
          272.330149,
          272.633023,
          265.835158,
          260.84741
        ]
      },
      {
        "date": "2024-04-12",
        "close": 273.995972,
        "volume": 5000,
        "typical_volume": 6625.0,
        "trend": 256.275254,
        "fair_value": 282.88461,
        "relative_strength": 11.986703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.325914,
        "energy": 50.548494,
        "activity_lines": [
          273.019454,
          273.040339,
          267.201447,
          262.027742
        ]
      },
      {
        "date": "2024-04-19",
        "close": 271.411102,
        "volume": 500,
        "typical_volume": 6535.0,
        "trend": 256.792228,
        "fair_value": 282.590967,
        "relative_strength": 15.767657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.167026,
        "energy": 45.242055,
        "activity_lines": [
          272.559926,
          272.66436,
          268.182057,
          263.004248
        ]
      },
      {
        "date": "2024-04-26",
        "close": 274.857574,
        "volume": 6000,
        "typical_volume": 6715.0,
        "trend": 257.567688,
        "fair_value": 282.249297,
        "relative_strength": 14.345155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.787096,
        "energy": 49.018003,
        "activity_lines": [
          273.306663,
          272.868016,
          269.376019,
          264.169754
        ]
      },
      {
        "date": "2024-05-03",
        "close": 280.888947,
        "volume": 18500,
        "typical_volume": 7405.0,
        "trend": 258.687798,
        "fair_value": 281.926255,
        "relative_strength": 15.515638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.610607,
        "energy": 59.447807,
        "activity_lines": [
          275.891532,
          274.340609,
          271.004897,
          265.674351
        ]
      },
      {
        "date": "2024-05-10",
        "close": 281.75058,
        "volume": 6100,
        "typical_volume": 7615.0,
        "trend": 259.922791,
        "fair_value": 281.608737,
        "relative_strength": 15.177447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.724842,
        "energy": 76.598085,
        "activity_lines": [
          278.246639,
          275.875867,
          272.551716,
          267.162273
        ]
      },
      {
        "date": "2024-05-17",
        "close": 281.75058,
        "volume": 25700,
        "typical_volume": 8680.0,
        "trend": 261.301387,
        "fair_value": 281.2211,
        "relative_strength": 13.809446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.1292,
        "energy": 89.716997,
        "activity_lines": [
          279.969887,
          277.238801,
          273.934417,
          268.570517
        ]
      },
      {
        "date": "2024-05-24",
        "close": 277.442444,
        "volume": 20700,
        "typical_volume": 9650.0,
        "trend": 262.59382,
        "fair_value": 280.815864,
        "relative_strength": 13.116933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.961849,
        "energy": 85.541906,
        "activity_lines": [
          279.740117,
          277.599114,
          274.742701,
          269.611876
        ]
      },
      {
        "date": "2024-05-31",
        "close": 276.580841,
        "volume": 9400,
        "typical_volume": 9985.0,
        "trend": 263.71393,
        "fair_value": 280.415121,
        "relative_strength": 13.860374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.281276,
        "energy": 73.142324,
        "activity_lines": [
          278.821055,
          277.708777,
          275.333529,
          270.514264
        ]
      },
      {
        "date": "2024-06-07",
        "close": 273.995972,
        "volume": 13500,
        "typical_volume": 10285.0,
        "trend": 264.460669,
        "fair_value": 279.947724,
        "relative_strength": 13.393117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.951676,
        "energy": 43.703882,
        "activity_lines": [
          276.925486,
          277.270134,
          275.550987,
          271.177622
        ]
      },
      {
        "date": "2024-06-14",
        "close": 278.304077,
        "volume": 13000,
        "typical_volume": 10620.0,
        "trend": 265.465896,
        "fair_value": 279.497926,
        "relative_strength": 16.896815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.187838,
        "energy": 33.786287,
        "activity_lines": [
          276.925484,
          277.599117,
          276.059755,
          272.070745
        ]
      },
      {
        "date": "2024-06-21",
        "close": 283.473816,
        "volume": 33100,
        "typical_volume": 11460.0,
        "trend": 266.75833,
        "fair_value": 279.07125,
        "relative_strength": 18.436875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.759283,
        "energy": 47.02597,
        "activity_lines": [
          278.878495,
          278.758391,
          276.921378,
          273.232546
        ]
      },
      {
        "date": "2024-06-28",
        "close": 290.366791,
        "volume": 15400,
        "typical_volume": 11240.0,
        "trend": 268.194368,
        "fair_value": 278.68876,
        "relative_strength": 21.100684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.518337,
        "energy": 60.311168,
        "activity_lines": [
          283.014282,
          280.998609,
          278.312283,
          274.755673
        ]
      },
      {
        "date": "2024-07-05",
        "close": 285.197052,
        "volume": 28200,
        "typical_volume": 11425.0,
        "trend": 269.515523,
        "fair_value": 278.313198,
        "relative_strength": 17.335364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.649021,
        "energy": 56.31728,
        "activity_lines": [
          284.5652,
          281.954225,
          279.108258,
          275.85262
        ]
      },
      {
        "date": "2024-07-12",
        "close": 286.920288,
        "volume": 12200,
        "typical_volume": 11610.0,
        "trend": 270.865398,
        "fair_value": 277.928649,
        "relative_strength": 15.670872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.392891,
        "energy": 69.018057,
        "activity_lines": [
          286.116115,
          283.035166,
          280.064248,
          276.975508
        ]
      },
      {
        "date": "2024-07-19",
        "close": 290.366791,
        "volume": 9100,
        "typical_volume": 11755.0,
        "trend": 272.301436,
        "fair_value": 277.586227,
        "relative_strength": 17.690757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.192695,
        "energy": 76.435277,
        "activity_lines": [
          287.954244,
          284.633084,
          281.295137,
          278.233663
        ]
      },
      {
        "date": "2024-07-26",
        "close": 292.090027,
        "volume": 44800,
        "typical_volume": 13495.0,
        "trend": 273.794915,
        "fair_value": 277.337354,
        "relative_strength": 18.552676,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.411622,
        "energy": 63.568444,
        "activity_lines": [
          289.562604,
          286.387659,
          282.603982,
          279.510346
        ]
      },
      {
        "date": "2024-08-02",
        "close": 285.253601,
        "volume": 63500,
        "typical_volume": 16555.0,
        "trend": 275.003072,
        "fair_value": 277.11377,
        "relative_strength": 14.635618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.35664,
        "energy": 49.883458,
        "activity_lines": [
          288.317741,
          286.711257,
          283.155062,
          280.249616
        ]
      },
      {
        "date": "2024-08-09",
        "close": 272.974457,
        "volume": 18400,
        "typical_volume": 17280.0,
        "trend": 275.773203,
        "fair_value": 276.859321,
        "relative_strength": 10.538963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 19.345477,
        "energy": 17.210921,
        "activity_lines": [
          283.320709,
          284.660263,
          282.474885,
          280.118738
        ]
      },
      {
        "date": "2024-08-16",
        "close": 268.251709,
        "volume": 12000,
        "typical_volume": 17865.0,
        "trend": 276.41463,
        "fair_value": 276.563966,
        "relative_strength": 7.67584,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.14944,
        "energy": 17.095619,
        "activity_lines": [
          277.564268,
          281.816158,
          281.341582,
          279.63348
        ]
      },
      {
        "date": "2024-08-23",
        "close": 278.641754,
        "volume": 9500,
        "typical_volume": 18230.0,
        "trend": 277.402392,
        "fair_value": 276.335213,
        "relative_strength": 7.086201,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -11.643662,
        "energy": 25.388828,
        "activity_lines": [
          276.515747,
          280.965593,
          281.221057,
          279.777165
        ]
      },
      {
        "date": "2024-08-30",
        "close": 271.085358,
        "volume": 13700,
        "typical_volume": 18665.0,
        "trend": 277.879786,
        "fair_value": 276.063339,
        "relative_strength": 3.497162,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -25.760558,
        "energy": 34.097309,
        "activity_lines": [
          273.730097,
          278.734998,
          280.350546,
          279.369615
        ]
      },
      {
        "date": "2024-09-06",
        "close": 272.029907,
        "volume": 7300,
        "typical_volume": 19005.0,
        "trend": 277.986575,
        "fair_value": 275.802835,
        "relative_strength": -1.361596,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -23.49234,
        "energy": 39.022461,
        "activity_lines": [
          272.659607,
          276.901384,
          279.583853,
          278.992203
        ]
      },
      {
        "date": "2024-09-13",
        "close": 272.029907,
        "volume": 5300,
        "typical_volume": 18970.0,
        "trend": 277.576392,
        "fair_value": 275.542332,
        "relative_strength": -1.37678,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.910401,
        "energy": 35.288756,
        "activity_lines": [
          272.470697,
          275.401169,
          278.814212,
          278.607902
        ]
      },
      {
        "date": "2024-09-20",
        "close": 272.974457,
        "volume": 5200,
        "typical_volume": 18305.0,
        "trend": 277.4849,
        "fair_value": 275.282566,
        "relative_strength": -3.087635,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.647171,
        "energy": 34.332389,
        "activity_lines": [
          272.659607,
          274.312092,
          278.147995,
          278.311003
        ]
      },
      {
        "date": "2024-09-27",
        "close": 274.863556,
        "volume": 6000,
        "typical_volume": 18300.0,
        "trend": 277.571262,
        "fair_value": 275.040227,
        "relative_strength": -2.492661,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.6068,
        "energy": 24.566289,
        "activity_lines": [
          273.163367,
          273.820048,
          277.699379,
          278.141884
        ]
      },
      {
        "date": "2024-10-04",
        "close": 272.974457,
        "volume": 2500,
        "typical_volume": 17140.0,
        "trend": 277.680816,
        "fair_value": 274.785779,
        "relative_strength": -2.931396,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.879302,
        "energy": 19.45951,
        "activity_lines": [
          273.289307,
          273.266409,
          277.103644,
          277.845316
        ]
      },
      {
        "date": "2024-10-11",
        "close": 273.919006,
        "volume": 8200,
        "typical_volume": 16515.0,
        "trend": 277.735692,
        "fair_value": 274.537385,
        "relative_strength": -4.474825,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.519417,
        "energy": 24.591398,
        "activity_lines": [
          273.604156,
          273.232061,
          276.639658,
          277.602619
        ]
      },
      {
        "date": "2024-10-18",
        "close": 275.808105,
        "volume": 5200,
        "typical_volume": 16305.0,
        "trend": 277.853539,
        "fair_value": 274.3011,
        "relative_strength": -5.213827,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.135352,
        "energy": 19.219675,
        "activity_lines": [
          274.422766,
          273.74727,
          276.372364,
          277.478258
        ]
      },
      {
        "date": "2024-10-25",
        "close": 275.808105,
        "volume": 2800,
        "typical_volume": 15770.0,
        "trend": 277.942665,
        "fair_value": 274.064816,
        "relative_strength": -3.660835,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.919681,
        "energy": 16.231778,
        "activity_lines": [
          274.989496,
          274.210958,
          276.10875,
          277.346295
        ]
      },
      {
        "date": "2024-11-01",
        "close": 276.752655,
        "volume": 3500,
        "typical_volume": 15295.0,
        "trend": 278.091996,
        "fair_value": 273.839903,
        "relative_strength": -3.549918,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.126917,
        "energy": 17.141569,
        "activity_lines": [
          275.682165,
          274.708993,
          275.926464,
          277.26952
        ]
      },
      {
        "date": "2024-11-08",
        "close": 272.974457,
        "volume": 9600,
        "typical_volume": 14120.0,
        "trend": 278.057946,
        "fair_value": 273.622669,
        "relative_strength": -4.949952,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.289959,
        "energy": 18.962171,
        "activity_lines": [
          274.989496,
          274.55443,
          275.391737,
          276.939356
        ]
      },
      {
        "date": "2024-11-15",
        "close": 274.863556,
        "volume": 2900,
        "typical_volume": 13495.0,
        "trend": 278.173028,
        "fair_value": 273.460076,
        "relative_strength": -2.97384,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.538181,
        "energy": 15.749475,
        "activity_lines": [
          274.926526,
          274.708993,
          275.086921,
          276.733266
        ]
      },
      {
        "date": "2024-11-22",
        "close": 273.919006,
        "volume": 2500,
        "typical_volume": 12210.0,
        "trend": 278.141742,
        "fair_value": 273.307378,
        "relative_strength": -3.687364,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.774479,
        "energy": 24.541011,
        "activity_lines": [
          274.485736,
          274.640299,
          274.765973,
          276.458813
        ]
      },
      {
        "date": "2024-11-29",
        "close": 271.085358,
        "volume": 4600,
        "typical_volume": 11830.0,
        "trend": 277.814956,
        "fair_value": 273.141832,
        "relative_strength": -3.532469,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -65.137605,
        "energy": 52.938599,
        "activity_lines": [
          273.226337,
          274.022048,
          274.228859,
          276.003563
        ]
      },
      {
        "date": "2024-12-06",
        "close": 272.974457,
        "volume": 4500,
        "typical_volume": 11600.0,
        "trend": 277.522418,
        "fair_value": 272.993711,
        "relative_strength": -4.588936,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.830943,
        "energy": 47.785667,
        "activity_lines": [
          272.911487,
          273.781617,
          273.947063,
          275.691273
        ]
      },
      {
        "date": "2024-12-13",
        "close": 272.029907,
        "volume": 3400,
        "typical_volume": 9530.0,
        "trend": 277.198396,
        "fair_value": 272.855485,
        "relative_strength": -3.692414,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.733159,
        "energy": 53.113943,
        "activity_lines": [
          272.533667,
          273.403797,
          273.658131,
          275.336917
        ]
      },
      {
        "date": "2024-12-20",
        "close": 268.251709,
        "volume": 6500,
        "typical_volume": 6680.0,
        "trend": 276.892038,
        "fair_value": 272.698356,
        "relative_strength": -0.595361,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.920933,
        "energy": 67.517233,
        "activity_lines": [
          270.959418,
          272.356206,
          273.104895,
          274.759711
        ]
      },
      {
        "date": "2024-12-27",
        "close": 272.029907,
        "volume": 3500,
        "typical_volume": 5935.0,
        "trend": 276.74034,
        "fair_value": 272.554814,
        "relative_strength": -1.998187,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.967756,
        "energy": 45.658642,
        "activity_lines": [
          271.085358,
          272.098602,
          272.992448,
          274.446026
        ]
      },
      {
        "date": "2025-01-03",
        "close": 269.196259,
        "volume": 1800,
        "typical_volume": 5425.0,
        "trend": 276.58035,
        "fair_value": 272.308044,
        "relative_strength": -2.03987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.592764,
        "energy": 51.254945,
        "activity_lines": [
          270.392688,
          271.394483,
          272.614628,
          273.959311
        ]
      },
      {
        "date": "2025-01-10",
        "close": 268.251709,
        "volume": 3200,
        "typical_volume": 5110.0,
        "trend": 276.245271,
        "fair_value": 272.049903,
        "relative_strength": -1.37159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.825988,
        "energy": 54.556647,
        "activity_lines": [
          269.511108,
          270.638843,
          272.142354,
          273.421979
        ]
      },
      {
        "date": "2025-01-17",
        "close": 270.140808,
        "volume": 1900,
        "typical_volume": 4520.0,
        "trend": 275.800837,
        "fair_value": 271.819822,
        "relative_strength": 1.140743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.330204,
        "energy": 38.977179,
        "activity_lines": [
          269.574078,
          270.381239,
          271.899469,
          273.028143
        ]
      },
      {
        "date": "2025-01-24",
        "close": 270.140808,
        "volume": 3800,
        "typical_volume": 4345.0,
        "trend": 275.126638,
        "fair_value": 271.595056,
        "relative_strength": -0.031992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.868528,
        "energy": 36.37415,
        "activity_lines": [
          269.762988,
          270.175155,
          271.661083,
          272.66298
        ]
      },
      {
        "date": "2025-01-31",
        "close": 270.140808,
        "volume": 2200,
        "typical_volume": 4190.0,
        "trend": 274.624763,
        "fair_value": 271.364975,
        "relative_strength": 2.779265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.537433,
        "energy": 31.733711,
        "activity_lines": [
          269.825958,
          270.05494,
          271.431692,
          272.341313
        ]
      },
      {
        "date": "2025-02-07",
        "close": 270.140808,
        "volume": 6300,
        "typical_volume": 4245.0,
        "trend": 274.065447,
        "fair_value": 271.097678,
        "relative_strength": 5.204646,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.696404,
        "energy": 22.738249,
        "activity_lines": [
          270.014868,
          270.003419,
          271.211298,
          272.052026
        ]
      },
      {
        "date": "2025-02-14",
        "close": 272.974457,
        "volume": 9000,
        "typical_volume": 4395.0,
        "trend": 273.485703,
        "fair_value": 270.853862,
        "relative_strength": 7.045633,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.053729,
        "energy": 11.840542,
        "activity_lines": [
          271.085358,
          270.484281,
          271.274268,
          271.981639
        ]
      },
      {
        "date": "2025-02-21",
        "close": 281.475403,
        "volume": 17200,
        "typical_volume": 5130.0,
        "trend": 273.131882,
        "fair_value": 270.675172,
        "relative_strength": 12.363424,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.532319,
        "energy": 28.152389,
        "activity_lines": [
          274.674646,
          272.510769,
          272.155847,
          272.497104
        ]
      },
      {
        "date": "2025-02-28",
        "close": 280.530853,
        "volume": 10700,
        "typical_volume": 5255.0,
        "trend": 272.974457,
        "fair_value": 270.501061,
        "relative_strength": 15.564132,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.464304,
        "energy": 46.099508,
        "activity_lines": [
          277.193445,
          274.193784,
          272.906989,
          272.974457
        ]
      },
      {
        "date": "2025-03-07",
        "close": 282.419952,
        "volume": 7800,
        "typical_volume": 5385.0,
        "trend": 273.289307,
        "fair_value": 270.344375,
        "relative_strength": 16.058443,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 74.662905,
        "energy": 75.303349,
        "activity_lines": [
          279.649274,
          275.997015,
          273.80656,
          273.583844
        ]
      },
      {
        "date": "2025-03-14",
        "close": 279.586304,
        "volume": 8500,
        "typical_volume": 5670.0,
        "trend": 273.667126,
        "fair_value": 270.158892,
        "relative_strength": 17.196312,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.461387,
        "energy": 72.069235,
        "activity_lines": [
          280.341943,
          277.096128,
          274.404775,
          273.990101
        ]
      },
      {
        "date": "2025-03-21",
        "close": 284.309052,
        "volume": 7500,
        "typical_volume": 5870.0,
        "trend": 273.856036,
        "fair_value": 270.024949,
        "relative_strength": 17.413842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.885972,
        "energy": 76.01578,
        "activity_lines": [
          281.979163,
          278.865011,
          275.434784,
          274.676677
        ]
      },
      {
        "date": "2025-03-28",
        "close": 280.530853,
        "volume": 4800,
        "typical_volume": 5630.0,
        "trend": 274.170886,
        "fair_value": 269.866786,
        "relative_strength": 16.509455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.148155,
        "energy": 60.999325,
        "activity_lines": [
          281.601343,
          279.654998,
          276.068981,
          275.107311
        ]
      },
      {
        "date": "2025-04-04",
        "close": 277.697205,
        "volume": 6900,
        "typical_volume": 5830.0,
        "trend": 274.359796,
        "fair_value": 269.695776,
        "relative_strength": 19.931958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.95067,
        "energy": 38.851532,
        "activity_lines": [
          280.341944,
          279.740866,
          276.397325,
          275.334815
        ]
      },
      {
        "date": "2025-04-11",
        "close": 272.974457,
        "volume": 8800,
        "typical_volume": 6145.0,
        "trend": 274.391281,
        "fair_value": 269.505124,
        "relative_strength": 17.032775,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 27.701752,
        "energy": 17.563445,
        "activity_lines": [
          277.697205,
          278.830664,
          276.262389,
          275.245438
        ]
      },
      {
        "date": "2025-04-18",
        "close": 273.919006,
        "volume": 3900,
        "typical_volume": 6110.0,
        "trend": 274.422766,
        "fair_value": 269.315211,
        "relative_strength": 14.797555,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 21.358114,
        "energy": 17.695821,
        "activity_lines": [
          275.997015,
          278.040677,
          276.221908,
          275.214969
        ]
      },
      {
        "date": "2025-04-25",
        "close": 276.752655,
        "volume": 8300,
        "typical_volume": 6300.0,
        "trend": 274.485736,
        "fair_value": 269.143462,
        "relative_strength": 14.789003,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 23.896847,
        "energy": 19.205806,
        "activity_lines": [
          275.619196,
          277.697205,
          276.437805,
          275.365284
        ]
      },
      {
        "date": "2025-05-02",
        "close": 280.530853,
        "volume": 7300,
        "typical_volume": 6495.0,
        "trend": 274.737616,
        "fair_value": 268.995933,
        "relative_strength": 12.176142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.04723,
        "energy": 19.461562,
        "activity_lines": [
          277.004535,
          277.971983,
          276.995539,
          275.755292
        ]
      },
      {
        "date": "2025-05-09",
        "close": 290.920868,
        "volume": 18600,
        "typical_volume": 7100.0,
        "trend": 275.304345,
        "fair_value": 268.920322,
        "relative_strength": 14.812719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.028825,
        "energy": 42.971681,
        "activity_lines": [
          281.853212,
          280.153028,
          278.502318,
          276.799373
        ]
      },
      {
        "date": "2025-05-16",
        "close": 299.421814,
        "volume": 28200,
        "typical_volume": 8335.0,
        "trend": 276.091468,
        "fair_value": 268.952369,
        "relative_strength": 19.156117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.447242,
        "energy": 79.396349,
        "activity_lines": [
          288.653961,
          283.69079,
          280.710762,
          278.355338
        ]
      },
      {
        "date": "2025-05-23",
        "close": 297.532715,
        "volume": 33500,
        "typical_volume": 9920.0,
        "trend": 276.815622,
        "fair_value": 268.961673,
        "relative_strength": 19.814248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.958095,
        "energy": 83.566756,
        "activity_lines": [
          293.061853,
          286.575955,
          282.608854,
          279.738645
        ]
      },
      {
        "date": "2025-05-30",
        "close": 302.255463,
        "volume": 21500,
        "typical_volume": 10835.0,
        "trend": 277.665716,
        "fair_value": 269.006568,
        "relative_strength": 23.945788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.182658,
        "energy": 88.781605,
        "activity_lines": [
          297.469747,
          289.993504,
          284.821796,
          281.379925
        ]
      },
      {
        "date": "2025-06-06",
        "close": 302.255463,
        "volume": 2000,
        "typical_volume": 10840.0,
        "trend": 278.641749,
        "fair_value": 269.051463,
        "relative_strength": 24.654278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.816903,
        "energy": 88.47537,
        "activity_lines": [
          300.177454,
          293.084754,
          286.872816,
          282.96636
        ]
      },
      {
        "date": "2025-06-13",
        "close": 292.809967,
        "volume": 21000,
        "typical_volume": 11700.0,
        "trend": 279.239963,
        "fair_value": 269.073024,
        "relative_strength": 21.71125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.41447,
        "energy": 71.309405,
        "activity_lines": [
          298.288355,
          294.063648,
          287.871338,
          283.880439
        ]
      },
      {
        "date": "2025-06-20",
        "close": 290.920868,
        "volume": 19600,
        "typical_volume": 12570.0,
        "trend": 279.806692,
        "fair_value": 269.07716,
        "relative_strength": 26.533263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.156849,
        "energy": 49.150886,
        "activity_lines": [
          295.643616,
          294.424292,
          288.581997,
          284.634045
        ]
      },
      {
        "date": "2025-06-27",
        "close": 289.976318,
        "volume": 9000,
        "typical_volume": 12705.0,
        "trend": 280.43639,
        "fair_value": 269.080557,
        "relative_strength": 23.904512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.146546,
        "energy": 32.379686,
        "activity_lines": [
          293.250757,
          294.286901,
          289.103746,
          285.29015
        ]
      },
      {
        "date": "2025-07-04",
        "close": 291.865417,
        "volume": 4300,
        "typical_volume": 12470.0,
        "trend": 281.066089,
        "fair_value": 269.143911,
        "relative_strength": 20.071963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.502944,
        "energy": 23.126927,
        "activity_lines": [
          291.991357,
          294.201031,
          289.710954,
          286.027507
        ]
      },
      {
        "date": "2025-07-11",
        "close": 292.809967,
        "volume": 6100,
        "typical_volume": 11915.0,
        "trend": 281.758758,
        "fair_value": 269.170789,
        "relative_strength": 19.846605,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.500396,
        "energy": 22.390001,
        "activity_lines": [
          291.739477,
          294.012121,
          290.318163,
          286.785177
        ]
      },
      {
        "date": "2025-07-18",
        "close": 300.366364,
        "volume": 15500,
        "typical_volume": 12155.0,
        "trend": 282.829246,
        "fair_value": 269.240789,
        "relative_strength": 13.946407,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.539105,
        "energy": 32.817229,
        "activity_lines": [
          294.636096,
          294.973844,
          291.591055,
          287.985667
        ]
      },
      {
        "date": "2025-07-25",
        "close": 300.366364,
        "volume": 24200,
        "typical_volume": 12975.0,
        "trend": 283.773795,
        "fair_value": 269.305472,
        "relative_strength": 12.725341,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 65.27186,
        "energy": 44.488766,
        "activity_lines": [
          297.028955,
          295.763831,
          292.769492,
          289.117094
        ]
      },
      {
        "date": "2025-08-01",
        "close": 303.200012,
        "volume": 41300,
        "typical_volume": 14615.0,
        "trend": 284.907253,
        "fair_value": 269.391557,
        "relative_strength": 13.363654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.829985,
        "energy": 63.231554,
        "activity_lines": [
          299.736664,
          297.051853,
          294.132341,
          290.370399
        ]
      },
      {
        "date": "2025-08-08",
        "close": 290.0,
        "volume": 42900,
        "typical_volume": 16385.0,
        "trend": 285.632196,
        "fair_value": 269.40392,
        "relative_strength": 4.73751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.440402,
        "energy": 39.195286,
        "activity_lines": [
          297.162789,
          295.836831,
          294.125599,
          290.698963
        ]
      },
      {
        "date": "2025-08-15",
        "close": 294.0,
        "volume": 9500,
        "typical_volume": 16620.0,
        "trend": 286.427502,
        "fair_value": 269.458266,
        "relative_strength": 5.897351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.509932,
        "energy": 31.586082,
        "activity_lines": [
          296.046609,
          295.571909,
          294.47271,
          291.238821
        ]
      },
      {
        "date": "2025-08-22",
        "close": 291.0,
        "volume": 5200,
        "typical_volume": 16535.0,
        "trend": 287.122809,
        "fair_value": 269.526064,
        "relative_strength": 5.078016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.154333,
        "energy": 15.27214,
        "activity_lines": [
          293.851093,
          294.911631,
          294.469969,
          291.533821
        ]
      },
      {
        "date": "2025-08-29",
        "close": 287.0,
        "volume": 6200,
        "typical_volume": 16405.0,
        "trend": 287.684782,
        "fair_value": 269.595458,
        "relative_strength": 4.742491,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -5.071416,
        "energy": 18.662963,
        "activity_lines": [
          290.946667,
          293.556989,
          294.022928,
          291.525898
        ]
      },
      {
        "date": "2025-09-05",
        "close": 291.0,
        "volume": 9500,
        "typical_volume": 16685.0,
        "trend": 288.380088,
        "fair_value": 269.685045,
        "relative_strength": 3.480234,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.384486,
        "energy": 17.330855,
        "activity_lines": [
          290.266667,
          293.000908,
          293.890051,
          291.739783
        ]
      },
      {
        "date": "2025-09-12",
        "close": 292.0,
        "volume": 9100,
        "typical_volume": 16725.0,
        "trend": 289.014273,
        "fair_value": 269.775595,
        "relative_strength": 1.21836,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.866289,
        "energy": 16.121796,
        "activity_lines": [
          290.733333,
          292.608033,
          293.771074,
          291.973326
        ]
      },
      {
        "date": "2025-09-19",
        "close": 291.0,
        "volume": 4100,
        "typical_volume": 16565.0,
        "trend": 289.33176,
        "fair_value": 269.87063,
        "relative_strength": 0.620318,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.341106,
        "energy": 14.601226,
        "activity_lines": [
          290.733333,
          292.030893,
          293.484253,
          292.101437
        ]
      },
      {
        "date": "2025-09-26",
        "close": 288.0,
        "volume": 6900,
        "typical_volume": 15980.0,
        "trend": 289.580731,
        "fair_value": 269.951881,
        "relative_strength": 0.363877,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -2.242737,
        "energy": 10.781625,
        "activity_lines": [
          289.933333,
          290.941207,
          292.861865,
          292.015517
        ]
      },
      {
        "date": "2025-10-03",
        "close": 287.0,
        "volume": 15100,
        "typical_volume": 15325.0,
        "trend": 289.733399,
        "fair_value": 270.032169,
        "relative_strength": -1.411838,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.356335,
        "energy": 19.75809,
        "activity_lines": [
          289.0,
          289.894546,
          292.158147,
          291.849018
        ]
      },
      {
        "date": "2025-10-10",
        "close": 286.0,
        "volume": 2300,
        "typical_volume": 13765.0,
        "trend": 289.947189,
        "fair_value": 270.13873,
        "relative_strength": -1.551252,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.851641,
        "energy": 35.520138,
        "activity_lines": [
          287.733333,
          288.909091,
          291.418343,
          291.608154
        ]
      },
      {
        "date": "2025-10-17",
        "close": 285.0,
        "volume": 9100,
        "typical_volume": 13145.0,
        "trend": 289.970221,
        "fair_value": 270.255223,
        "relative_strength": -1.266967,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.691461,
        "energy": 50.065648,
        "activity_lines": [
          286.466667,
          288.054545,
          290.638218,
          291.28898
        ]
      },
      {
        "date": "2025-10-24",
        "close": 286.0,
        "volume": 3900,
        "typical_volume": 13240.0,
        "trend": 290.152526,
        "fair_value": 270.350889,
        "relative_strength": -4.121836,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.355017,
        "energy": 48.554282,
        "activity_lines": [
          286.0,
          287.472727,
          290.0355,
          291.032837
        ]
      },
      {
        "date": "2025-10-31",
        "close": 283.0,
        "volume": 11300,
        "typical_volume": 12755.0,
        "trend": 290.329286,
        "fair_value": 270.432773,
        "relative_strength": -5.026033,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.347892,
        "energy": 56.489353,
        "activity_lines": [
          284.866667,
          286.490909,
          289.224475,
          290.571384
        ]
      },
      {
        "date": "2025-11-07",
        "close": 283.0,
        "volume": 7600,
        "typical_volume": 12155.0,
        "trend": 290.66347,
        "fair_value": 270.509209,
        "relative_strength": -4.793776,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -68.387202,
        "energy": 70.628382,
        "activity_lines": [
          284.066667,
          285.654545,
          288.460164,
          290.098527
        ]
      },
      {
        "date": "2025-11-14",
        "close": 285.0,
        "volume": 10500,
        "typical_volume": 12230.0,
        "trend": 291.032837,
        "fair_value": 270.603912,
        "relative_strength": -1.860392,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.827704,
        "energy": 59.380543,
        "activity_lines": [
          284.2,
          285.254545,
          287.924047,
          289.733141
        ]
      },
      {
        "date": "2025-11-21",
        "close": 279.0,
        "volume": 18700,
        "typical_volume": 12950.0,
        "trend": 291.107748,
        "fair_value": 270.64926,
        "relative_strength": -3.057462,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.942907,
        "energy": 72.666943,
        "activity_lines": [
          282.4,
          283.872727,
          286.840199,
          288.956829
        ]
      },
      {
        "date": "2025-11-28",
        "close": 277.0,
        "volume": 13300,
        "typical_volume": 13310.0,
        "trend": 290.990053,
        "fair_value": 270.692682,
        "relative_strength": -4.17294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.857665,
        "energy": 80.311865,
        "activity_lines": [
          280.333333,
          282.363636,
          285.627139,
          288.046652
        ]
      },
      {
        "date": "2025-12-05",
        "close": 277.0,
        "volume": 18600,
        "typical_volume": 13465.0,
        "trend": 290.526024,
        "fair_value": 270.736103,
        "relative_strength": -5.690182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.351623,
        "energy": 82.422769,
        "activity_lines": [
          278.866667,
          281.109091,
          284.489364,
          287.144068
        ]
      },
      {
        "date": "2025-12-12",
        "close": 278.0,
        "volume": 10200,
        "typical_volume": 12765.0,
        "trend": 289.811964,
        "fair_value": 270.764146,
        "relative_strength": -4.118365,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.208296,
        "energy": 80.967357,
        "activity_lines": [
          278.133333,
          280.236364,
          283.558095,
          286.335937
        ]
      },
      {
        "date": "2025-12-19",
        "close": 280.0,
        "volume": 4100,
        "typical_volume": 10905.0,
        "trend": 289.22754,
        "fair_value": 270.766879,
        "relative_strength": -3.49877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.693128,
        "energy": 67.947963,
        "activity_lines": [
          278.4,
          279.890909,
          282.92381,
          285.702907
        ]
      },
      {
        "date": "2025-12-26",
        "close": 279.0,
        "volume": 7100,
        "typical_volume": 9115.0,
        "trend": 288.452358,
        "fair_value": 270.795885,
        "relative_strength": -4.599907,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.700386,
        "energy": 51.505565,
        "activity_lines": [
          278.666667,
          279.472727,
          282.304762,
          285.043066
        ]
      },
      {
        "date": "2026-01-02",
        "close": 283.0,
        "volume": 4700,
        "typical_volume": 8875.0,
        "trend": 287.810509,
        "fair_value": 270.866874,
        "relative_strength": -3.506234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.06812,
        "energy": 35.020714,
        "activity_lines": [
          280.266667,
          279.890909,
          282.119048,
          284.691301
        ]
      },
      {
        "date": "2026-01-09",
        "close": 290.0,
        "volume": 15200,
        "typical_volume": 9375.0,
        "trend": 287.716844,
        "fair_value": 270.993629,
        "relative_strength": -0.967028,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.152277,
        "energy": 15.996982,
        "activity_lines": [
          283.8,
          281.636364,
          282.652381,
          284.832559
        ]
      },
      {
        "date": "2026-01-16",
        "close": 291.0,
        "volume": 4300,
        "typical_volume": 9280.0,
        "trend": 287.719481,
        "fair_value": 271.121347,
        "relative_strength": -2.515017,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 13.819329,
        "energy": 27.902497,
        "activity_lines": [
          286.8,
          283.436364,
          283.285714,
          285.044375
        ]
      },
      {
        "date": "2026-01-23",
        "close": 294.0,
        "volume": 12200,
        "typical_volume": 9415.0,
        "trend": 287.853604,
        "fair_value": 271.262848,
        "relative_strength": -4.606151,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 40.685539,
        "energy": 45.476376,
        "activity_lines": [
          289.933333,
          285.636364,
          284.185714,
          285.44957
        ]
      },
      {
        "date": "2026-01-30",
        "close": 292.0,
        "volume": 8400,
        "typical_volume": 9380.0,
        "trend": 287.85809,
        "fair_value": 271.391529,
        "relative_strength": -6.171349,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.235123,
        "energy": 47.977018,
        "activity_lines": [
          291.466667,
          287.309091,
          284.880952,
          285.717079
        ]
      },
      {
        "date": "2026-02-06",
        "close": 290.0,
        "volume": 11700,
        "typical_volume": 9760.0,
        "trend": 287.764425,
        "fair_value": 271.50739,
        "relative_strength": -8.793838,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.916115,
        "energy": 54.907504,
        "activity_lines": [
          291.466667,
          288.381818,
          285.385714,
          285.855267
        ]
      },
      {
        "date": "2026-02-13",
        "close": 289.0,
        "volume": 24100,
        "typical_volume": 10620.0,
        "trend": 287.385546,
        "fair_value": 271.698549,
        "relative_strength": -13.874496,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.678066,
        "energy": 39.754478,
        "activity_lines": [
          290.666667,
          289.036364,
          285.8,
          285.934981
        ]
      },
      {
        "date": "2026-02-20",
        "close": 294.0,
        "volume": 12800,
        "typical_volume": 10505.0,
        "trend": 287.173334,
        "fair_value": 271.905417,
        "relative_strength": -15.11443,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.306444,
        "energy": 37.746453,
        "activity_lines": [
          291.6,
          290.381818,
          286.685714,
          286.36172
        ]
      },
      {
        "date": "2026-02-27",
        "close": 292.0,
        "volume": 16200,
        "typical_volume": 11200.0,
        "trend": 286.8,
        "fair_value": 272.143043,
        "relative_strength": -18.087635,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.164242,
        "energy": 30.303726,
        "activity_lines": [
          291.666667,
          291.072727,
          287.347619,
          286.673118
        ]
      },
      {
        "date": "2026-03-06",
        "close": 286.0,
        "volume": 23600,
        "typical_volume": 11925.0,
        "trend": 286.666667,
        "fair_value": 272.287735,
        "relative_strength": -12.833386,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 10.851316,
        "energy": 14.350287,
        "activity_lines": [
          289.866667,
          290.454545,
          287.409524,
          286.621505
        ]
      },
      {
        "date": "2026-03-13",
        "close": 287.0,
        "volume": 6000,
        "typical_volume": 12030.0,
        "trend": 286.433333,
        "fair_value": 272.515098,
        "relative_strength": -12.21453,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 36.037526,
        "energy": 19.796733,
        "activity_lines": [
          288.8,
          289.890909,
          287.561905,
          286.643011
        ]
      },
      {
        "date": "2026-03-20",
        "close": 287.0,
        "volume": 16300,
        "typical_volume": 12280.0,
        "trend": 286.3,
        "fair_value": 272.720672,
        "relative_strength": -13.380397,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 30.517288,
        "energy": 19.47563,
        "activity_lines": [
          287.933333,
          289.254545,
          287.709524,
          286.67957
        ]
      },
      {
        "date": "2026-03-27",
        "close": 288.0,
        "volume": 6800,
        "typical_volume": 12240.0,
        "trend": 286.333333,
        "fair_value": 272.938104,
        "relative_strength": -13.638473,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.432859,
        "energy": 20.276299,
        "activity_lines": [
          287.533333,
          288.854545,
          287.933333,
          286.789247
        ]
      },
      {
        "date": "2026-04-03",
        "close": 290.0,
        "volume": 3200,
        "typical_volume": 11875.0,
        "trend": 286.3,
        "fair_value": 273.168356,
        "relative_strength": -13.111118,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.760626,
        "energy": 17.7547,
        "activity_lines": [
          288.2,
          288.872727,
          288.32381,
          287.025806
        ]
      },
      {
        "date": "2026-04-10",
        "close": 290.0,
        "volume": 7800,
        "typical_volume": 11330.0,
        "trend": 286.233333,
        "fair_value": 273.382267,
        "relative_strength": -15.809587,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.443337,
        "energy": 20.864843,
        "activity_lines": [
          289.0,
          288.963636,
          288.690476,
          287.264516
        ]
      },
      {
        "date": "2026-04-17",
        "close": 289.0,
        "volume": 2800,
        "typical_volume": 10805.0,
        "trend": 286.166667,
        "fair_value": 273.606109,
        "relative_strength": -14.409584,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.027255,
        "energy": 19.913126,
        "activity_lines": [
          289.2,
          288.909091,
          288.909524,
          287.443011
        ]
      },
      {
        "date": "2026-04-24",
        "close": 289.0,
        "volume": 8100,
        "typical_volume": 10280.0,
        "trend": 286.2,
        "fair_value": 273.862634,
        "relative_strength": -12.563129,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.50644,
        "energy": 21.836068,
        "activity_lines": [
          289.266667,
          288.872727,
          289.071429,
          287.625806
        ]
      },
      {
        "date": "2026-05-01",
        "close": 297.0,
        "volume": 15800,
        "typical_volume": 10560.0,
        "trend": 286.533333,
        "fair_value": 274.132311,
        "relative_strength": -12.142523,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 74.164843,
        "energy": 59.346488,
        "activity_lines": [
          291.866667,
          290.290909,
          289.938095,
          288.322581
        ]
      },
      {
        "date": "2026-05-08",
        "close": 306.0,
        "volume": 14500,
        "typical_volume": 11080.0,
        "trend": 287.2,
        "fair_value": 274.45968,
        "relative_strength": -9.60382,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.002693,
        "energy": 82.891483,
        "activity_lines": [
          296.866667,
          293.290909,
          291.571429,
          289.578495
        ]
      },
      {
        "date": "2026-05-15",
        "close": 312.0,
        "volume": 23600,
        "typical_volume": 11905.0,
        "trend": 288.1,
        "fair_value": 274.852747,
        "relative_strength": -8.549715,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.309083,
        "energy": 94.781369,
        "activity_lines": [
          302.8,
          297.127273,
          293.652381,
          291.178495
        ]
      },
      {
        "date": "2026-05-22",
        "close": 297.0,
        "volume": 35900,
        "typical_volume": 13465.0,
        "trend": 288.466667,
        "fair_value": 275.122424,
        "relative_strength": -13.6762,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.170649,
        "energy": 78.614537,
        "activity_lines": [
          302.266667,
          297.763636,
          294.147619,
          291.752688
        ]
      },
      {
        "date": "2026-05-29",
        "close": 302.0,
        "volume": 8200,
        "typical_volume": 13115.0,
        "trend": 289.1,
        "fair_value": 275.429599,
        "relative_strength": -13.360123,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.914626,
        "energy": 76.361869,
        "activity_lines": [
          302.866667,
          299.127273,
          295.052381,
          292.625806
        ]
      },
      {
        "date": "2026-06-05",
        "close": 301.0,
        "volume": 1400,
        "typical_volume": 12970.0,
        "trend": 289.7,
        "fair_value": 275.71947,
        "relative_strength": -13.858649,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.262863,
        "energy": 52.715983,
        "activity_lines": [
          302.266667,
          300.036364,
          295.804762,
          293.393548
        ]
      },
      {
        "date": "2026-06-12",
        "close": 302.0,
        "volume": 10900,
        "typical_volume": 12905.0,
        "trend": 290.266667,
        "fair_value": 275.999409,
        "relative_strength": -13.569215,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.787912,
        "energy": 41.212559,
        "activity_lines": [
          301.733333,
          300.890909,
          296.604762,
          294.187097
        ]
      },
      {
        "date": "2026-06-19",
        "close": 307.0,
        "volume": 2200,
        "typical_volume": 12595.0,
        "trend": 291.2,
        "fair_value": 276.371319,
        "relative_strength": -10.419204,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.688575,
        "energy": 50.489682,
        "activity_lines": [
          303.133333,
          302.436364,
          297.842857,
          295.266667
        ]
      },
      {
        "date": "2026-06-26",
        "close": 307.0,
        "volume": 4800,
        "typical_volume": 12250.0,
        "trend": 292.2,
        "fair_value": 276.737782,
        "relative_strength": -8.109227,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.897552,
        "energy": 51.266496,
        "activity_lines": [
          304.866667,
          303.672727,
          299.009524,
          296.286022
        ]
      },
      {
        "date": "2026-07-03",
        "close": 292.600006,
        "volume": 5500,
        "typical_volume": 11320.0,
        "trend": 292.72,
        "fair_value": 277.011937,
        "relative_strength": -15.574403,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.7509,
        "energy": 24.442546,
        "activity_lines": [
          301.133335,
          301.963637,
          298.72381,
          296.311828
        ]
      },
      {
        "date": "2026-07-10",
        "close": 299.25,
        "volume": 44400,
        "typical_volume": 12900.0,
        "trend": 293.428334,
        "fair_value": 277.317826,
        "relative_strength": -13.610643,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.235065,
        "energy": 23.035937,
        "activity_lines": [
          300.243335,
          301.398183,
          299.054286,
          296.733119
        ]
      },
      {
        "date": "2026-07-17",
        "close": 305.899994,
        "volume": 38500,
        "typical_volume": 14015.0,
        "trend": 294.291667,
        "fair_value": 277.677238,
        "relative_strength": -12.140409,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.102741,
        "energy": 24.968776,
        "activity_lines": [
          301.686666,
          302.000909,
          299.993095,
          297.537742
        ]
      },
      {
        "date": "2026-07-24",
        "close": 306.850006,
        "volume": 49900,
        "typical_volume": 15330.0,
        "trend": 295.22,
        "fair_value": 278.031845,
        "relative_strength": -11.636664,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.998899,
        "energy": 26.923381,
        "activity_lines": [
          303.186668,
          302.778183,
          300.956191,
          298.347957
        ]
      },
      {
        "date": "2026-07-31",
        "close": 304.0,
        "volume": 73500,
        "typical_volume": 18705.0,
        "trend": 295.92,
        "fair_value": 278.373305,
        "relative_strength": -10.96796,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.671602,
        "energy": 32.065516,
        "activity_lines": [
          303.746667,
          303.13091,
          301.548572,
          298.914409
        ]
      },
      {
        "date": "2026-08-07",
        "close": 296.0,
        "volume": 71000,
        "typical_volume": 21440.0,
        "trend": 296.12,
        "fair_value": 278.652437,
        "relative_strength": -12.347037,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.491503,
        "energy": 18.809932,
        "activity_lines": [
          301.84,
          301.901819,
          301.298096,
          298.91957
        ]
      }
    ],
    "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."
    }
  }
}