{
  "ticker": {
    "uuid": "102470a2-b1c9-4dd2-b7ca-7c0bd5267a09",
    "symbol": "SYRMA",
    "name": "Syrma SGS Technology Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 71.841,
    "architecture_energy": 56.106,
    "architecture_maturity": 100.0,
    "architecture_confidence": 75.3,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 10.47,
        "rotation_up": 50.16,
        "upward_expansion": 78.83,
        "deceleration": 68.65,
        "rotation_down": 29.19,
        "downward_expansion": 14.5
      },
      "activity_lines": [
        1375.046672,
        1372.43455,
        1268.59429,
        1164.346347
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 1424.699951,
    "trend_reference": 1032.196668,
    "distance_from_trend": 0.38026,
    "trend_direction": "Improving",
    "fair_value": 657.786606,
    "distance_from_fair_value": 1.1659,
    "fair_value_direction": "Improving",
    "relative_strength": 53.839062,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.640226,
    "excess_performance": 0.683935,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.38026,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.22943,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 1.1659,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.290591,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.538391,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.041587,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.640226,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.5313,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6030553,
      "relative_activity": 1.088337,
      "balance": 1.5313,
      "dry_up": 1.243554,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.080705,
      "annualized_volatility": 0.451111,
      "from_high_reference": -0.029496,
      "from_low_reference": 1.24539
    },
    "levels": {
      "trend_reference": 1032.196668,
      "fair_value_reference": 657.786606,
      "structural_low": 700.099976,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.018816,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.545455,
        "median_excess_return": 0.005439,
        "regime_survival": 0.727273,
        "best_return": 0.284112,
        "worst_return": -0.227002,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.008975,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.005571,
        "regime_survival": 0.5,
        "best_return": 0.328692,
        "worst_return": -0.26901,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.021098,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.048473,
        "regime_survival": 0.0,
        "best_return": 0.006113,
        "worst_return": -0.048309,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.451503,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.365645,
        "regime_survival": 1.0,
        "best_return": 0.451503,
        "worst_return": 0.451503,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-28",
        "end": "2025-03-21",
        "tenure": "New",
        "return": 0.133019,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-28",
        "end": "2025-03-28",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.132873,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-25",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.094946,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.259187,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-10-31",
        "tenure": "Established",
        "return": 0.156217,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-07",
        "end": "2025-11-14",
        "tenure": "New",
        "return": 0.118637,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-21",
        "end": "2025-12-05",
        "tenure": "New",
        "return": -0.110839,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2025-12-19",
        "tenure": "New",
        "return": -0.012317,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-26",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.005693,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-01-09",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": 0.221126,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-20",
        "end": "2026-03-06",
        "tenure": "New",
        "return": -0.085115,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-13",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.349941,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.469369,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 466.318939,
        "volume": 2585633,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 533.368103,
        "volume": 6319573,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 532.616089,
        "volume": 6318248,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 562.056641,
        "volume": 5305733,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 542.412964,
        "volume": 3053401,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 530.776062,
        "volume": 3261854,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 608.355957,
        "volume": 6417425,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 634.713257,
        "volume": 6044612,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 635.658081,
        "volume": 5217876,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 653.063843,
        "volume": 3804228,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 597.216248,
        "volume": 4650099,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 507.253387,
        "volume": 11834735,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 528.786804,
        "volume": 5155711,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 532.715515,
        "volume": 1682779,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 556.8349,
        "volume": 3771727,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 564.592896,
        "volume": 3530176,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 616.511719,
        "volume": 4226259,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 666.34198,
        "volume": 4453913,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 667.187378,
        "volume": 5788376,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 667.386353,
        "volume": 2529523,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 627.80072,
        "volume": 2396322,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 610.643555,
        "volume": 2394965,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 607.659729,
        "volume": 2553607,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 597.265991,
        "volume": 1158494,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 578.26886,
        "volume": 1551434,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 509.739929,
        "volume": 7279074,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 505.512817,
        "volume": 2203311,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 522.371521,
        "volume": 2941316,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 533.262573,
        "volume": 3585347,
        "typical_volume": 3874569.8,
        "trend": 572.199577,
        "fair_value": 411.039523,
        "relative_strength": -1.885933,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.918219,
        "energy": 61.885789,
        "activity_lines": [
          524.672408,
          550.686399,
          575.852661,
          579.100577
        ]
      },
      {
        "date": "2024-03-08",
        "close": 522.719666,
        "volume": 3850205,
        "typical_volume": 3876868.65,
        "trend": 573.980416,
        "fair_value": 412.41829,
        "relative_strength": -5.043666,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.99412,
        "energy": 57.523619,
        "activity_lines": [
          522.301917,
          541.000665,
          570.157311,
          575.908324
        ]
      },
      {
        "date": "2024-03-15",
        "close": 504.269562,
        "volume": 6648658,
        "typical_volume": 3976796.6,
        "trend": 575.245437,
        "fair_value": 413.538428,
        "relative_strength": -7.016547,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -67.861537,
        "energy": 55.838416,
        "activity_lines": [
          517.48467,
          530.590669,
          563.325495,
          571.41085
        ]
      },
      {
        "date": "2024-03-22",
        "close": 479.404175,
        "volume": 2576234,
        "typical_volume": 3513871.55,
        "trend": 573.446639,
        "fair_value": 414.331991,
        "relative_strength": -12.337388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.228382,
        "energy": 63.166537,
        "activity_lines": [
          504.743653,
          517.905716,
          554.568151,
          565.227543
        ]
      },
      {
        "date": "2024-03-29",
        "close": 462.893555,
        "volume": 1457292,
        "typical_volume": 3328950.6,
        "trend": 571.122555,
        "fair_value": 414.910105,
        "relative_strength": -16.600439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.871877,
        "energy": 74.718837,
        "activity_lines": [
          488.239671,
          504.605002,
          544.370982,
          558.095086
        ]
      },
      {
        "date": "2024-04-05",
        "close": 490.444397,
        "volume": 2342255,
        "typical_volume": 3361924.4,
        "trend": 568.73548,
        "fair_value": 415.798744,
        "relative_strength": -12.766565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.122705,
        "energy": 69.434895,
        "activity_lines": [
          484.884501,
          498.945644,
          537.111479,
          552.890043
        ]
      },
      {
        "date": "2024-04-12",
        "close": 485.720001,
        "volume": 1296966,
        "typical_volume": 3238186.35,
        "trend": 566.845714,
        "fair_value": 416.611781,
        "relative_strength": -13.971301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.69303,
        "energy": 66.61294,
        "activity_lines": [
          482.809078,
          494.369516,
          529.603326,
          547.534206
        ]
      },
      {
        "date": "2024-04-19",
        "close": 463.341156,
        "volume": 870418,
        "typical_volume": 3105198.45,
        "trend": 564.597884,
        "fair_value": 417.148901,
        "relative_strength": -16.839145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.98179,
        "energy": 64.07052,
        "activity_lines": [
          475.740684,
          487.407213,
          520.302496,
          540.856492
        ]
      },
      {
        "date": "2024-04-26",
        "close": 472.690521,
        "volume": 1776905,
        "typical_volume": 2982730.75,
        "trend": 560.075703,
        "fair_value": 417.780056,
        "relative_strength": -16.505336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.232875,
        "energy": 50.227466,
        "activity_lines": [
          474.517305,
          482.988409,
          512.374233,
          534.926985
        ]
      },
      {
        "date": "2024-05-03",
        "close": 485.2724,
        "volume": 1945822,
        "typical_volume": 2857326.2,
        "trend": 555.094341,
        "fair_value": 418.538396,
        "relative_strength": -14.840111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.327632,
        "energy": 45.406346,
        "activity_lines": [
          477.935463,
          481.453989,
          506.329107,
          530.100966
        ]
      },
      {
        "date": "2024-05-10",
        "close": 470.402924,
        "volume": 1177443,
        "typical_volume": 2626779.55,
        "trend": 549.585836,
        "fair_value": 419.114669,
        "relative_strength": -16.153843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.287571,
        "energy": 48.980995,
        "activity_lines": [
          474.905206,
          477.890557,
          499.730077,
          524.637003
        ]
      },
      {
        "date": "2024-05-17",
        "close": 393.270538,
        "volume": 11628213,
        "typical_volume": 3081714.05,
        "trend": 540.926059,
        "fair_value": 418.830668,
        "relative_strength": -31.163745,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.621082,
        "energy": 66.611184,
        "activity_lines": [
          447.500252,
          461.445957,
          486.722174,
          514.552145
        ]
      },
      {
        "date": "2024-05-24",
        "close": 476.121948,
        "volume": 8446203,
        "typical_volume": 3384208.1,
        "trend": 536.889582,
        "fair_value": 419.453399,
        "relative_strength": -18.512694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.457234,
        "energy": 46.222366,
        "activity_lines": [
          453.875732,
          462.418871,
          482.910195,
          510.371235
        ]
      },
      {
        "date": "2024-05-31",
        "close": 477.464661,
        "volume": 3683994,
        "typical_volume": 3448659.55,
        "trend": 535.896625,
        "fair_value": 420.077176,
        "relative_strength": -16.769845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.684738,
        "energy": 42.751252,
        "activity_lines": [
          459.846731,
          464.147689,
          479.948373,
          506.537369
        ]
      },
      {
        "date": "2024-06-07",
        "close": 462.247101,
        "volume": 6809366,
        "typical_volume": 3661447.5,
        "trend": 533.678635,
        "fair_value": 420.525792,
        "relative_strength": -21.952882,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.201178,
        "energy": 38.057006,
        "activity_lines": [
          460.426933,
          463.144942,
          476.171445,
          501.785787
        ]
      },
      {
        "date": "2024-06-14",
        "close": 463.291412,
        "volume": 2485801,
        "typical_volume": 3727812.85,
        "trend": 531.364498,
        "fair_value": 420.975957,
        "relative_strength": -22.149712,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.384678,
        "energy": 23.77889,
        "activity_lines": [
          462.890259,
          462.343823,
          473.186416,
          497.244676
        ]
      },
      {
        "date": "2024-06-21",
        "close": 498.45105,
        "volume": 9357367,
        "typical_volume": 4118109.5,
        "trend": 529.41837,
        "fair_value": 421.782989,
        "relative_strength": -16.255706,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.328438,
        "energy": 16.635797,
        "activity_lines": [
          477.547565,
          468.429057,
          474.187898,
          495.121227
        ]
      },
      {
        "date": "2024-06-28",
        "close": 494.323395,
        "volume": 6565944,
        "typical_volume": 4082453.0,
        "trend": 527.076053,
        "fair_value": 422.530828,
        "relative_strength": -18.552974,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.476772,
        "energy": 14.924586,
        "activity_lines": [
          483.816952,
          473.532334,
          475.176355,
          492.857036
        ]
      },
      {
        "date": "2024-07-05",
        "close": 499.296448,
        "volume": 2638041,
        "typical_volume": 4104189.5,
        "trend": 523.168877,
        "fair_value": 423.314151,
        "relative_strength": -18.651852,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.216701,
        "energy": 11.120127,
        "activity_lines": [
          490.530593,
          478.976489,
          476.711848,
          491.064803
        ]
      },
      {
        "date": "2024-07-12",
        "close": 484.675598,
        "volume": 1646637,
        "typical_volume": 4039455.55,
        "trend": 517.113331,
        "fair_value": 423.933963,
        "relative_strength": -21.324633,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.210153,
        "energy": 13.139407,
        "activity_lines": [
          490.915165,
          481.278563,
          476.884482,
          488.581366
        ]
      },
      {
        "date": "2024-07-19",
        "close": 450.659821,
        "volume": 1713183,
        "typical_volume": 3945847.35,
        "trend": 509.895746,
        "fair_value": 424.201222,
        "relative_strength": -26.638208,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.76157,
        "energy": 11.916064,
        "activity_lines": [
          478.465912,
          477.406802,
          473.997021,
          484.294042
        ]
      },
      {
        "date": "2024-07-26",
        "close": 473.038666,
        "volume": 2292760,
        "typical_volume": 3867975.1,
        "trend": 503.41749,
        "fair_value": 424.684761,
        "relative_strength": -23.665471,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.958879,
        "energy": 14.163211,
        "activity_lines": [
          474.31838,
          477.962887,
          473.634226,
          481.916166
        ]
      },
      {
        "date": "2024-08-02",
        "close": 488.852997,
        "volume": 3220722,
        "typical_volume": 3696578.3,
        "trend": 498.785899,
        "fair_value": 425.313861,
        "relative_strength": -20.465544,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.270679,
        "energy": 13.147708,
        "activity_lines": [
          477.13645,
          479.943976,
          475.014134,
          480.976522
        ]
      },
      {
        "date": "2024-08-09",
        "close": 412.566071,
        "volume": 7660521,
        "typical_volume": 3950792.65,
        "trend": 492.183316,
        "fair_value": 425.190096,
        "relative_strength": -31.529929,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.392035,
        "energy": 39.030133,
        "activity_lines": [
          454.890239,
          467.823241,
          469.202032,
          475.413952
        ]
      },
      {
        "date": "2024-08-16",
        "close": 409.08493,
        "volume": 2128906,
        "typical_volume": 3984373.35,
        "trend": 485.564156,
        "fair_value": 425.035239,
        "relative_strength": -32.193641,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.820638,
        "energy": 57.881525,
        "activity_lines": [
          437.265672,
          456.249545,
          463.37667,
          470.052766
        ]
      },
      {
        "date": "2024-08-23",
        "close": 451.853333,
        "volume": 2670613,
        "typical_volume": 4000791.25,
        "trend": 480.717068,
        "fair_value": 425.290649,
        "relative_strength": -25.402254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.490142,
        "energy": 53.627384,
        "activity_lines": [
          438.936617,
          453.418508,
          461.88072,
          467.877874
        ]
      },
      {
        "date": "2024-08-30",
        "close": 435.989258,
        "volume": 1836705,
        "typical_volume": 4027778.2,
        "trend": 475.974414,
        "fair_value": 425.39158,
        "relative_strength": -28.628881,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.764113,
        "energy": 57.139306,
        "activity_lines": [
          435.23997,
          447.911058,
          459.057674,
          464.992209
        ]
      },
      {
        "date": "2024-09-06",
        "close": 427.336121,
        "volume": 1134532,
        "typical_volume": 4040983.9,
        "trend": 473.227621,
        "fair_value": 425.409753,
        "relative_strength": -28.329604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.587046,
        "energy": 54.722696,
        "activity_lines": [
          431.128904,
          441.96598,
          455.647332,
          461.854254
        ]
      },
      {
        "date": "2024-09-13",
        "close": 467.285034,
        "volume": 6680660,
        "typical_volume": 4286171.65,
        "trend": 471.953361,
        "fair_value": 425.797487,
        "relative_strength": -22.66563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.959678,
        "energy": 22.390569,
        "activity_lines": [
          444.435268,
          444.502291,
          456.213101,
          461.470862
        ]
      },
      {
        "date": "2024-09-20",
        "close": 442.231384,
        "volume": 2321844,
        "typical_volume": 4304972.75,
        "trend": 469.282023,
        "fair_value": 425.948257,
        "relative_strength": -27.469334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.488331,
        "energy": 20.566197,
        "activity_lines": [
          445.742485,
          443.065418,
          454.418548,
          459.553315
        ]
      },
      {
        "date": "2024-09-27",
        "close": 439.985565,
        "volume": 4054171,
        "typical_volume": 4448809.15,
        "trend": 466.17279,
        "fair_value": 426.075869,
        "relative_strength": -28.078101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.22223,
        "energy": 18.645809,
        "activity_lines": [
          444.091331,
          441.991928,
          452.615065,
          457.663221
        ]
      },
      {
        "date": "2024-10-04",
        "close": 415.231384,
        "volume": 1711697,
        "typical_volume": 3952983.35,
        "trend": 462.589847,
        "fair_value": 425.97817,
        "relative_strength": -28.035599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.638993,
        "energy": 28.282829,
        "activity_lines": [
          434.979968,
          436.611755,
          448.598886,
          454.376679
        ]
      },
      {
        "date": "2024-10-11",
        "close": 416.079834,
        "volume": 1673405,
        "typical_volume": 3614343.45,
        "trend": 459.650189,
        "fair_value": 425.889792,
        "relative_strength": -26.796124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.302525,
        "energy": 43.91185,
        "activity_lines": [
          427.53528,
          432.436887,
          444.558936,
          451.376033
        ]
      },
      {
        "date": "2024-10-18",
        "close": 406.148193,
        "volume": 1706857,
        "typical_volume": 3515486.6,
        "trend": 457.208323,
        "fair_value": 425.715088,
        "relative_strength": -27.176294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.53913,
        "energy": 56.072075,
        "activity_lines": [
          417.530464,
          427.779414,
          439.85903,
          447.924291
        ]
      },
      {
        "date": "2024-10-25",
        "close": 378.848724,
        "volume": 2615824,
        "typical_volume": 3305809.5,
        "trend": 454.406829,
        "fair_value": 425.30398,
        "relative_strength": -29.228436,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.277091,
        "energy": 72.215081,
        "activity_lines": [
          402.501615,
          418.275091,
          432.898778,
          442.868833
        ]
      },
      {
        "date": "2024-11-01",
        "close": 508.05957,
        "volume": 52329244,
        "typical_volume": 5797981.65,
        "trend": 454.994001,
        "fair_value": 426.023593,
        "relative_strength": -5.122311,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.444088,
        "energy": 11.010103,
        "activity_lines": [
          434.768558,
          432.813398,
          438.641455,
          446.3303
        ]
      },
      {
        "date": "2024-11-08",
        "close": 548.334961,
        "volume": 19769096,
        "typical_volume": 6318568.1,
        "trend": 457.081167,
        "fair_value": 427.078002,
        "relative_strength": 3.46877,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.508769,
        "energy": 29.965622,
        "activity_lines": [
          475.922365,
          453.652571,
          448.006701,
          452.352297
        ]
      },
      {
        "date": "2024-11-15",
        "close": 546.638184,
        "volume": 3949844,
        "typical_volume": 6187763.1,
        "trend": 459.857734,
        "fair_value": 428.099884,
        "relative_strength": 6.197189,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.871493,
        "energy": 54.657413,
        "activity_lines": [
          507.637008,
          472.140591,
          456.972808,
          458.130169
        ]
      },
      {
        "date": "2024-11-22",
        "close": 526.37561,
        "volume": 3924700,
        "typical_volume": 6252096.05,
        "trend": 461.647237,
        "fair_value": 428.932729,
        "relative_strength": 1.202531,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 62.449943,
        "energy": 65.299163,
        "activity_lines": [
          523.893569,
          484.775377,
          463.760028,
          462.421645
        ]
      },
      {
        "date": "2024-11-29",
        "close": 565.104004,
        "volume": 6036151,
        "typical_volume": 6471571.75,
        "trend": 464.308291,
        "fair_value": 430.077025,
        "relative_strength": 8.064669,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.291975,
        "energy": 82.288555,
        "activity_lines": [
          545.044434,
          503.377316,
          474.106717,
          469.096275
        ]
      },
      {
        "date": "2024-12-06",
        "close": 549.882141,
        "volume": 5033736,
        "typical_volume": 6637599.4,
        "trend": 466.957598,
        "fair_value": 431.075401,
        "relative_strength": 3.477907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.633759,
        "energy": 75.303099,
        "activity_lines": [
          548.704325,
          516.977596,
          482.620714,
          474.617169
        ]
      },
      {
        "date": "2024-12-13",
        "close": 606.377563,
        "volume": 10305737,
        "typical_volume": 7038248.25,
        "trend": 474.061165,
        "fair_value": 432.524179,
        "relative_strength": 14.36374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.783717,
        "energy": 80.249872,
        "activity_lines": [
          568.407853,
          538.851651,
          496.042739,
          483.612005
        ]
      },
      {
        "date": "2024-12-20",
        "close": 593.900635,
        "volume": 7552790,
        "typical_volume": 7254851.65,
        "trend": 477.987122,
        "fair_value": 433.846937,
        "relative_strength": 18.262986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.988733,
        "energy": 73.013789,
        "activity_lines": [
          580.082898,
          554.981788,
          507.641538,
          491.343584
        ]
      },
      {
        "date": "2024-12-27",
        "close": 595.148376,
        "volume": 3579433,
        "typical_volume": 7050797.25,
        "trend": 481.909912,
        "fair_value": 435.158331,
        "relative_strength": 17.996708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.157588,
        "energy": 63.309586,
        "activity_lines": [
          589.023026,
          568.105682,
          518.858943,
          498.902375
        ]
      },
      {
        "date": "2025-01-03",
        "close": 626.44043,
        "volume": 8375303,
        "typical_volume": 7363117.1,
        "trend": 487.383023,
        "fair_value": 436.700929,
        "relative_strength": 23.527043,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.032987,
        "energy": 71.155717,
        "activity_lines": [
          603.808988,
          583.482674,
          532.187104,
          508.226924
        ]
      },
      {
        "date": "2025-01-10",
        "close": 566.750916,
        "volume": 6737185,
        "typical_volume": 7566445.7,
        "trend": 490.831673,
        "fair_value": 437.741329,
        "relative_strength": 14.878256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.051713,
        "energy": 48.42717,
        "activity_lines": [
          594.609351,
          583.505359,
          538.795523,
          513.347434
        ]
      },
      {
        "date": "2025-01-17",
        "close": 531.366394,
        "volume": 4971072,
        "typical_volume": 7723164.05,
        "trend": 491.928851,
        "fair_value": 438.484385,
        "relative_strength": 9.285002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.256874,
        "energy": 32.381084,
        "activity_lines": [
          572.490287,
          576.027379,
          541.486856,
          515.962577
        ]
      },
      {
        "date": "2025-01-24",
        "close": 460.048431,
        "volume": 6521076,
        "typical_volume": 7992491.25,
        "trend": 490.786353,
        "fair_value": 438.65418,
        "relative_strength": -4.220477,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 15.709209,
        "energy": 14.770308,
        "activity_lines": [
          531.599314,
          555.891017,
          536.931826,
          513.905776
        ]
      },
      {
        "date": "2025-01-31",
        "close": 531.066956,
        "volume": 22834779,
        "typical_volume": 8800197.2,
        "trend": 491.845369,
        "fair_value": 439.376155,
        "relative_strength": 8.997722,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.802046,
        "energy": 23.413605,
        "activity_lines": [
          523.304663,
          550.241472,
          538.984691,
          516.504524
        ]
      },
      {
        "date": "2025-02-07",
        "close": 518.889465,
        "volume": 8015361,
        "typical_volume": 9084873.05,
        "trend": 492.985832,
        "fair_value": 439.992537,
        "relative_strength": 6.401321,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.301959,
        "energy": 22.749046,
        "activity_lines": [
          515.222943,
          542.292541,
          539.574073,
          518.249304
        ]
      },
      {
        "date": "2025-02-14",
        "close": 440.734161,
        "volume": 3656738,
        "typical_volume": 9065001.4,
        "trend": 492.654976,
        "fair_value": 439.998242,
        "relative_strength": -6.817471,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.698519,
        "energy": 29.458408,
        "activity_lines": [
          488.259519,
          520.97382,
          532.355053,
          514.878229
        ]
      },
      {
        "date": "2025-02-21",
        "close": 424.913483,
        "volume": 5344361,
        "typical_volume": 9246634.6,
        "trend": 491.050804,
        "fair_value": 439.883091,
        "relative_strength": -9.224122,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.534889,
        "energy": 41.972326,
        "activity_lines": [
          464.423653,
          498.76312,
          523.625737,
          510.50781
        ]
      },
      {
        "date": "2025-02-28",
        "close": 413.085358,
        "volume": 6245061,
        "typical_volume": 9475217.4,
        "trend": 488.525216,
        "fair_value": 439.680078,
        "relative_strength": -8.628733,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.022737,
        "energy": 54.251808,
        "activity_lines": [
          443.741939,
          477.701199,
          513.723828,
          505.477781
        ]
      },
      {
        "date": "2025-03-07",
        "close": 448.719391,
        "volume": 4507709,
        "typical_volume": 9615260.0,
        "trend": 489.730326,
        "fair_value": 439.748043,
        "relative_strength": -2.322292,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.068558,
        "energy": 51.779697,
        "activity_lines": [
          438.069108,
          466.405743,
          507.229896,
          502.909664
        ]
      },
      {
        "date": "2025-03-14",
        "close": 412.985535,
        "volume": 2372996,
        "typical_volume": 9603118.6,
        "trend": 489.860346,
        "fair_value": 439.548323,
        "relative_strength": -9.094934,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.413491,
        "energy": 54.700251,
        "activity_lines": [
          425.974829,
          451.275568,
          497.13002,
          497.958387
        ]
      },
      {
        "date": "2025-03-21",
        "close": 468.03363,
        "volume": 3539078,
        "typical_volume": 7163610.3,
        "trend": 490.39969,
        "fair_value": 439.759325,
        "relative_strength": -1.028461,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.39515,
        "energy": 30.069159,
        "activity_lines": [
          439.290177,
          450.035135,
          492.110263,
          496.550211
        ]
      },
      {
        "date": "2025-03-28",
        "close": 459.050262,
        "volume": 3939434,
        "typical_volume": 6372127.2,
        "trend": 491.16839,
        "fair_value": 439.90117,
        "relative_strength": -3.514136,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -25.518852,
        "energy": 21.741558,
        "activity_lines": [
          447.791105,
          448.956223,
          486.425547,
          494.527668
        ]
      },
      {
        "date": "2025-04-04",
        "close": 441.333069,
        "volume": 2056115,
        "typical_volume": 6277440.75,
        "trend": 491.634955,
        "fair_value": 439.911622,
        "relative_strength": -4.51936,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.341515,
        "energy": 27.23418,
        "activity_lines": [
          448.110516,
          445.970841,
          479.478644,
          491.312486
        ]
      },
      {
        "date": "2025-04-11",
        "close": 478.913483,
        "volume": 4971389,
        "typical_volume": 6329775.2,
        "trend": 492.02257,
        "fair_value": 440.194244,
        "relative_strength": 4.013994,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.51239,
        "energy": 18.504848,
        "activity_lines": [
          459.073551,
          450.158542,
          476.612282,
          490.491746
        ]
      },
      {
        "date": "2025-04-18",
        "close": 499.974518,
        "volume": 2836918,
        "typical_volume": 6169813.55,
        "trend": 493.947341,
        "fair_value": 440.624318,
        "relative_strength": 3.926343,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.124559,
        "energy": 16.85369,
        "activity_lines": [
          475.043992,
          459.123766,
          475.977742,
          491.004775
        ]
      },
      {
        "date": "2025-04-25",
        "close": 488.845123,
        "volume": 5792713,
        "typical_volume": 6207762.4,
        "trend": 495.575993,
        "fair_value": 440.968752,
        "relative_strength": 0.891536,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.447995,
        "energy": 17.393975,
        "activity_lines": [
          481.505369,
          466.409372,
          474.5934,
          490.675599
        ]
      },
      {
        "date": "2025-05-02",
        "close": 463.641785,
        "volume": 2346006,
        "typical_volume": 5809775.85,
        "trend": 497.189673,
        "fair_value": 441.129554,
        "relative_strength": -5.287884,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.892869,
        "energy": 19.580883,
        "activity_lines": [
          478.1782,
          468.237809,
          471.099393,
          488.615328
        ]
      },
      {
        "date": "2025-05-09",
        "close": 477.56601,
        "volume": 7721504,
        "typical_volume": 5818211.55,
        "trend": 499.239212,
        "fair_value": 441.386149,
        "relative_strength": -0.931045,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.196334,
        "energy": 13.720291,
        "activity_lines": [
          479.186339,
          471.893771,
          469.611197,
          487.349285
        ]
      },
      {
        "date": "2025-05-16",
        "close": 528.671448,
        "volume": 14855751,
        "typical_volume": 6382027.45,
        "trend": 503.323321,
        "fair_value": 441.996535,
        "relative_strength": 4.871368,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.513945,
        "energy": 9.838293,
        "activity_lines": [
          494.814093,
          483.669256,
          473.54416,
          489.248139
        ]
      },
      {
        "date": "2025-05-23",
        "close": 535.259216,
        "volume": 4380311,
        "typical_volume": 6182277.85,
        "trend": 508.537004,
        "fair_value": 442.644193,
        "relative_strength": 6.808863,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.196511,
        "energy": 28.681307,
        "activity_lines": [
          509.320573,
          495.188843,
          478.421086,
          491.308519
        ]
      },
      {
        "date": "2025-05-30",
        "close": 537.804504,
        "volume": 3707661,
        "typical_volume": 6030801.65,
        "trend": 509.528501,
        "fair_value": 443.300471,
        "relative_strength": 7.70581,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.589538,
        "energy": 40.367863,
        "activity_lines": [
          522.323169,
          504.948052,
          483.974617,
          493.196745
        ]
      },
      {
        "date": "2025-06-06",
        "close": 533.911743,
        "volume": 4443268,
        "typical_volume": 6004411.45,
        "trend": 509.047727,
        "fair_value": 443.921096,
        "relative_strength": 5.695233,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.691229,
        "energy": 45.449401,
        "activity_lines": [
          530.764219,
          512.730925,
          489.295248,
          494.769857
        ]
      },
      {
        "date": "2025-06-13",
        "close": 521.78418,
        "volume": 2671395,
        "typical_volume": 5811927.4,
        "trend": 508.219261,
        "fair_value": 444.450777,
        "relative_strength": 4.347451,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 20.350776,
        "energy": 38.875078,
        "activity_lines": [
          530.478084,
          516.947669,
          493.448753,
          495.591564
        ]
      },
      {
        "date": "2025-06-20",
        "close": 505.713898,
        "volume": 6143711,
        "typical_volume": 4977374.0,
        "trend": 507.530537,
        "fair_value": 444.864717,
        "relative_strength": -0.350728,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.258546,
        "energy": 22.453852,
        "activity_lines": [
          521.887311,
          516.779796,
          495.777775,
          495.429928
        ]
      },
      {
        "date": "2025-06-27",
        "close": 555.920959,
        "volume": 8628951,
        "typical_volume": 5008053.5,
        "trend": 507.224435,
        "fair_value": 445.610061,
        "relative_strength": 7.185753,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.904096,
        "energy": 26.951927,
        "activity_lines": [
          531.562728,
          525.253199,
          503.009151,
          498.55189
        ]
      },
      {
        "date": "2025-07-04",
        "close": 608.423767,
        "volume": 9935426,
        "typical_volume": 5321987.9,
        "trend": 509.175823,
        "fair_value": 446.695486,
        "relative_strength": 17.746156,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.678399,
        "energy": 46.952778,
        "activity_lines": [
          557.361631,
          542.255359,
          515.064454,
          505.08088
        ]
      },
      {
        "date": "2025-07-11",
        "close": 677.196472,
        "volume": 22770137,
        "typical_volume": 6193276.7,
        "trend": 511.536453,
        "fair_value": 448.221982,
        "relative_strength": 31.784601,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 89.234198,
        "energy": 86.062029,
        "activity_lines": [
          601.376819,
          569.58749,
          532.871016,
          515.920921
        ]
      },
      {
        "date": "2025-07-18",
        "close": 703.847168,
        "volume": 8364662,
        "typical_volume": 6299256.75,
        "trend": 515.201338,
        "fair_value": 449.903727,
        "relative_strength": 36.703015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.933554,
        "energy": 94.022169,
        "activity_lines": [
          644.723256,
          597.88239,
          552.014392,
          528.328064
        ]
      },
      {
        "date": "2025-07-25",
        "close": 726.804688,
        "volume": 12310366,
        "typical_volume": 6689389.6,
        "trend": 519.589881,
        "fair_value": 451.713537,
        "relative_strength": 40.569512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.457677,
        "energy": 94.159975,
        "activity_lines": [
          683.584668,
          626.237181,
          571.959619,
          541.979893
        ]
      },
      {
        "date": "2025-08-01",
        "close": 746.817627,
        "volume": 8953088,
        "typical_volume": 7018394.2,
        "trend": 523.602455,
        "fair_value": 453.629797,
        "relative_strength": 44.61813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.983792,
        "energy": 93.445146,
        "activity_lines": [
          714.377673,
          654.628266,
          592.486624,
          556.639748
        ]
      },
      {
        "date": "2025-08-08",
        "close": 701.651245,
        "volume": 4398232,
        "typical_volume": 7061351.9,
        "trend": 528.099132,
        "fair_value": 455.229936,
        "relative_strength": 35.527188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.955064,
        "energy": 87.144663,
        "activity_lines": [
          717.388774,
          670.960765,
          607.122393,
          568.126767
        ]
      },
      {
        "date": "2025-08-15",
        "close": 691.370239,
        "volume": 4632539,
        "typical_volume": 7096007.15,
        "trend": 533.432594,
        "fair_value": 456.743656,
        "relative_strength": 30.739632,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.967114,
        "energy": 74.112724,
        "activity_lines": [
          710.757707,
          682.444958,
          619.666553,
          578.660386
        ]
      },
      {
        "date": "2025-08-22",
        "close": 744.571777,
        "volume": 4267550,
        "typical_volume": 7206578.9,
        "trend": 542.916705,
        "fair_value": 459.542386,
        "relative_strength": 37.997595,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.053912,
        "energy": 67.347917,
        "activity_lines": [
          720.915568,
          700.739277,
          636.17124,
          592.282269
        ]
      },
      {
        "date": "2025-08-29",
        "close": 751.858276,
        "volume": 3280872,
        "typical_volume": 7122053.05,
        "trend": 550.276416,
        "fair_value": 462.399905,
        "relative_strength": 40.198538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.79683,
        "energy": 63.844501,
        "activity_lines": [
          730.787288,
          716.30773,
          651.925886,
          605.762371
        ]
      },
      {
        "date": "2025-09-05",
        "close": 829.714172,
        "volume": 15330349,
        "typical_volume": 7746724.6,
        "trend": 560.63724,
        "fair_value": 465.787654,
        "relative_strength": 50.596195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.749734,
        "energy": 69.21466,
        "activity_lines": [
          764.940735,
          741.556448,
          673.795642,
          623.790613
        ]
      },
      {
        "date": "2025-09-12",
        "close": 823.825012,
        "volume": 6280490,
        "typical_volume": 7771113.45,
        "trend": 573.406935,
        "fair_value": 469.242242,
        "relative_strength": 45.500273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.713858,
        "energy": 68.734154,
        "activity_lines": [
          791.604691,
          760.756352,
          693.534337,
          640.770469
        ]
      },
      {
        "date": "2025-09-19",
        "close": 827.549988,
        "volume": 6074524,
        "typical_volume": 7957539.35,
        "trend": 586.828151,
        "fair_value": 472.711488,
        "relative_strength": 43.034198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.653511,
        "energy": 67.512434,
        "activity_lines": [
          811.365389,
          776.717137,
          712.03265,
          657.166795
        ]
      },
      {
        "date": "2025-09-26",
        "close": 802.849976,
        "volume": 8469341,
        "typical_volume": 7994931.2,
        "trend": 599.820305,
        "fair_value": 476.063729,
        "relative_strength": 40.683134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.46254,
        "energy": 63.500049,
        "activity_lines": [
          813.814099,
          785.453311,
          726.445684,
          671.103687
        ]
      },
      {
        "date": "2025-10-03",
        "close": 828.5,
        "volume": 6352737,
        "typical_volume": 7569780.5,
        "trend": 612.479659,
        "fair_value": 479.457683,
        "relative_strength": 41.815354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.125038,
        "energy": 61.135532,
        "activity_lines": [
          820.927604,
          797.053075,
          741.752606,
          685.857216
        ]
      },
      {
        "date": "2025-10-10",
        "close": 843.650024,
        "volume": 7432882,
        "typical_volume": 7722409.05,
        "trend": 626.835142,
        "fair_value": 483.037129,
        "relative_strength": 40.255792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.445903,
        "energy": 60.186263,
        "activity_lines": [
          827.981669,
          809.558383,
          757.074632,
          700.771433
        ]
      },
      {
        "date": "2025-10-17",
        "close": 787.0,
        "volume": 5281397,
        "typical_volume": 7801095.85,
        "trend": 637.467354,
        "fair_value": 486.344671,
        "relative_strength": 27.210087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.631957,
        "energy": 49.050012,
        "activity_lines": [
          815.223336,
          810.003097,
          765.532891,
          711.10465
        ]
      },
      {
        "date": "2025-10-24",
        "close": 773.849976,
        "volume": 3049816,
        "typical_volume": 7731423.25,
        "trend": 647.960678,
        "fair_value": 489.539308,
        "relative_strength": 23.259057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.594761,
        "energy": 39.121557,
        "activity_lines": [
          800.536662,
          806.505103,
          771.552121,
          719.903528
        ]
      },
      {
        "date": "2025-10-31",
        "close": 813.799988,
        "volume": 11925409,
        "typical_volume": 8194123.95,
        "trend": 660.376242,
        "fair_value": 492.941395,
        "relative_strength": 28.897218,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.144256,
        "energy": 34.866623,
        "activity_lines": [
          802.746659,
          808.771115,
          780.233551,
          730.602839
        ]
      },
      {
        "date": "2025-11-07",
        "close": 799.5,
        "volume": 4600882,
        "typical_volume": 8116982.5,
        "trend": 671.062459,
        "fair_value": 496.244503,
        "relative_strength": 26.913136,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.060363,
        "energy": 27.647779,
        "activity_lines": [
          799.459994,
          807.178435,
          786.162526,
          739.578565
        ]
      },
      {
        "date": "2025-11-14",
        "close": 894.349976,
        "volume": 43219071,
        "typical_volume": 9846488.5,
        "trend": 684.208308,
        "fair_value": 500.116523,
        "relative_strength": 38.464303,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.002939,
        "energy": 45.881828,
        "activity_lines": [
          829.72332,
          821.964991,
          799.72585,
          753.984211
        ]
      },
      {
        "date": "2025-11-21",
        "close": 835.900024,
        "volume": 6417722,
        "typical_volume": 9670603.3,
        "trend": 695.776805,
        "fair_value": 503.678398,
        "relative_strength": 27.640694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.387693,
        "energy": 40.921368,
        "activity_lines": [
          837.123332,
          824.949088,
          806.110946,
          763.770774
        ]
      },
      {
        "date": "2025-11-28",
        "close": 820.25,
        "volume": 7402274,
        "typical_volume": 8902210.15,
        "trend": 707.663745,
        "fair_value": 507.140905,
        "relative_strength": 23.858952,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.721597,
        "energy": 37.820003,
        "activity_lines": [
          836.046667,
          824.86818,
          809.922343,
          771.801302
        ]
      },
      {
        "date": "2025-12-05",
        "close": 743.25,
        "volume": 6589537,
        "typical_volume": 8813453.9,
        "trend": 716.519878,
        "fair_value": 510.123493,
        "relative_strength": 11.783667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.994128,
        "energy": 20.532709,
        "activity_lines": [
          806.210002,
          810.919998,
          805.7192,
          774.09719
        ]
      },
      {
        "date": "2025-12-12",
        "close": 738.799988,
        "volume": 6397479,
        "typical_volume": 8517809.55,
        "trend": 723.524163,
        "fair_value": 513.051169,
        "relative_strength": 11.381993,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 1.954525,
        "energy": 9.484868,
        "activity_lines": [
          779.593331,
          797.24636,
          800.904613,
          775.534616
        ]
      },
      {
        "date": "2025-12-19",
        "close": 729.700012,
        "volume": 3925748,
        "typical_volume": 8266442.55,
        "trend": 730.005523,
        "fair_value": 516.112842,
        "relative_strength": 10.108276,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -3.199,
        "energy": 18.761249,
        "activity_lines": [
          753.990002,
          783.54909,
          795.166241,
          775.933058
        ]
      },
      {
        "date": "2025-12-26",
        "close": 737.700012,
        "volume": 3195501,
        "typical_volume": 8206306.0,
        "trend": 736.668706,
        "fair_value": 519.056037,
        "relative_strength": 10.71281,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.033982,
        "energy": 23.31264,
        "activity_lines": [
          742.030005,
          773.378184,
          790.271287,
          776.429477
        ]
      },
      {
        "date": "2026-01-02",
        "close": 741.900024,
        "volume": 3618663,
        "typical_volume": 8155612.2,
        "trend": 743.601649,
        "fair_value": 522.094187,
        "relative_strength": 9.960519,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.637054,
        "energy": 36.548388,
        "activity_lines": [
          738.016679,
          764.867279,
          785.604673,
          776.766981
        ]
      },
      {
        "date": "2026-01-09",
        "close": 714.75,
        "volume": 3669945,
        "typical_volume": 8125731.95,
        "trend": 750.033843,
        "fair_value": 524.940496,
        "relative_strength": 8.301979,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.510614,
        "energy": 43.281404,
        "activity_lines": [
          730.176676,
          752.000915,
          778.111724,
          774.905584
        ]
      },
      {
        "date": "2026-01-16",
        "close": 708.150024,
        "volume": 2378398,
        "typical_volume": 8080608.25,
        "trend": 756.781714,
        "fair_value": 527.754988,
        "relative_strength": 6.883028,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.055623,
        "energy": 42.527797,
        "activity_lines": [
          722.036682,
          739.735465,
          770.132215,
          772.203403
        ]
      },
      {
        "date": "2026-01-23",
        "close": 665.349976,
        "volume": 4402729,
        "typical_volume": 7534227.25,
        "trend": 760.429348,
        "fair_value": 530.369827,
        "relative_strength": 2.504174,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.90843,
        "energy": 51.815122,
        "activity_lines": [
          701.673336,
          721.349095,
          758.284645,
          766.304581
        ]
      },
      {
        "date": "2026-01-30",
        "close": 761.0,
        "volume": 15456682,
        "typical_volume": 7993036.85,
        "trend": 765.515222,
        "fair_value": 533.638181,
        "relative_strength": 15.341753,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.672988,
        "energy": 27.264792,
        "activity_lines": [
          717.483333,
          724.517276,
          756.329288,
          766.341397
        ]
      },
      {
        "date": "2026-02-06",
        "close": 868.599976,
        "volume": 12821546,
        "typical_volume": 8330387.95,
        "trend": 771.895339,
        "fair_value": 537.446229,
        "relative_strength": 28.620426,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 19.397716,
        "energy": 11.803463,
        "activity_lines": [
          767.606657,
          748.610908,
          764.920714,
          772.992026
        ]
      },
      {
        "date": "2026-02-13",
        "close": 872.799988,
        "volume": 5231462,
        "typical_volume": 8168494.0,
        "trend": 777.5271,
        "fair_value": 541.381975,
        "relative_strength": 28.952363,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 28.419691,
        "energy": 28.595562,
        "activity_lines": [
          810.683321,
          772.589087,
          773.716665,
          779.502004
        ]
      },
      {
        "date": "2026-02-20",
        "close": 832.400024,
        "volume": 3130149,
        "typical_volume": 8007364.6,
        "trend": 781.046944,
        "fair_value": 544.956383,
        "relative_strength": 21.280685,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.791384,
        "energy": 36.444831,
        "activity_lines": [
          829.756665,
          786.866364,
          778.331906,
          783.042192
        ]
      },
      {
        "date": "2026-02-27",
        "close": 822.25,
        "volume": 4221084,
        "typical_volume": 7846774.7,
        "trend": 783.561357,
        "fair_value": 548.513094,
        "relative_strength": 20.462725,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.581491,
        "energy": 43.216425,
        "activity_lines": [
          837.163334,
          797.596363,
          781.961906,
          785.700454
        ]
      },
      {
        "date": "2026-03-06",
        "close": 761.549988,
        "volume": 4508166,
        "typical_volume": 7808113.15,
        "trend": 785.557981,
        "fair_value": 551.62793,
        "relative_strength": 13.983159,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 8.036592,
        "energy": 28.623497,
        "activity_lines": [
          813.876664,
          795.60727,
          779.912857,
          784.280366
        ]
      },
      {
        "date": "2026-03-13",
        "close": 724.549988,
        "volume": 5212180,
        "typical_volume": 7916231.35,
        "trend": 786.663973,
        "fair_value": 554.628297,
        "relative_strength": 13.504683,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.823518,
        "energy": 18.252878,
        "activity_lines": [
          778.219995,
          786.457268,
          774.461189,
          780.344366
        ]
      },
      {
        "date": "2026-03-20",
        "close": 783.900024,
        "volume": 8691929,
        "typical_volume": 7754557.35,
        "trend": 787.974915,
        "fair_value": 557.998304,
        "relative_strength": 21.818219,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.548288,
        "energy": 12.940683,
        "activity_lines": [
          771.950004,
          788.413636,
          774.896668,
          780.166047
        ]
      },
      {
        "date": "2026-03-27",
        "close": 818.200012,
        "volume": 6823676,
        "typical_volume": 7865697.05,
        "trend": 790.186306,
        "fair_value": 561.573878,
        "relative_strength": 27.354379,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.582787,
        "energy": 9.199517,
        "activity_lines": [
          783.040006,
          795.349093,
          778.741193,
          782.116053
        ]
      },
      {
        "date": "2026-04-03",
        "close": 796.299988,
        "volume": 3323811,
        "typical_volume": 5870934.05,
        "trend": 789.0725,
        "fair_value": 564.884131,
        "relative_strength": 23.197964,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.103616,
        "energy": 7.71177,
        "activity_lines": [
          787.776668,
          796.301819,
          780.410953,
          782.510484
        ]
      },
      {
        "date": "2026-04-10",
        "close": 868.599976,
        "volume": 4068043,
        "typical_volume": 5753450.1,
        "trend": 790.564998,
        "fair_value": 568.578052,
        "relative_strength": 25.625351,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 32.42313,
        "energy": 30.972412,
        "activity_lines": [
          818.343327,
          808.019087,
          789.433332,
          787.641289
        ]
      },
      {
        "date": "2026-04-17",
        "close": 978.099976,
        "volume": 11028411,
        "typical_volume": 5934756.95,
        "trend": 795.583331,
        "fair_value": 572.987567,
        "relative_strength": 37.930982,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 77.318335,
        "energy": 68.405494,
        "activity_lines": [
          878.27332,
          837.689084,
          808.728567,
          799.74032
        ]
      },
      {
        "date": "2026-04-24",
        "close": 969.599976,
        "volume": 7438129,
        "typical_volume": 5977186.55,
        "trend": 801.141665,
        "fair_value": 577.326382,
        "relative_strength": 37.501251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.725446,
        "energy": 75.356239,
        "activity_lines": [
          918.466647,
          863.822716,
          826.462613,
          810.9672
        ]
      },
      {
        "date": "2026-05-01",
        "close": 958.950012,
        "volume": 3140382,
        "typical_volume": 5814331.7,
        "trend": 805.489998,
        "fair_value": 581.587072,
        "relative_strength": 33.605172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.20985,
        "energy": 79.603119,
        "activity_lines": [
          942.729989,
          886.259992,
          842.104519,
          821.148384
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1100.150024,
        "volume": 7508886,
        "typical_volume": 5993488.6,
        "trend": 814.039998,
        "fair_value": 586.649891,
        "relative_strength": 49.680397,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.877875,
        "energy": 91.658589,
        "activity_lines": [
          1004.676668,
          932.069089,
          870.145712,
          840.158708
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1013.25,
        "volume": 18712127,
        "typical_volume": 6769319.9,
        "trend": 821.581665,
        "fair_value": 591.056473,
        "relative_strength": 39.052059,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.732953,
        "energy": 78.425926,
        "activity_lines": [
          1017.400004,
          957.025453,
          888.146664,
          853.010966
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1038.849976,
        "volume": 5881571,
        "typical_volume": 6882465.3,
        "trend": 830.414998,
        "fair_value": 595.388096,
        "relative_strength": 40.162742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.747451,
        "energy": 73.400038,
        "activity_lines": [
          1029.01333,
          982.059994,
          907.273567,
          867.028277
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1088.550049,
        "volume": 4288909,
        "typical_volume": 6913413.5,
        "trend": 839.573334,
        "fair_value": 599.911467,
        "relative_strength": 45.740949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.124862,
        "energy": 69.806126,
        "activity_lines": [
          1053.143347,
          1010.416368,
          929.719762,
          883.682151
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1226.800049,
        "volume": 737121,
        "typical_volume": 6831349.65,
        "trend": 853.816669,
        "fair_value": 605.217738,
        "relative_strength": 62.455322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.213722,
        "energy": 70.85676,
        "activity_lines": [
          1115.426693,
          1058.370013,
          963.552624,
          908.66452
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1266.699951,
        "volume": 844050,
        "typical_volume": 6653415.7,
        "trend": 866.228335,
        "fair_value": 610.521006,
        "relative_strength": 62.770661,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.299393,
        "energy": 90.377761,
        "activity_lines": [
          1173.153337,
          1106.149095,
          998.715715,
          935.302151
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1334.0,
        "volume": 899504,
        "typical_volume": 5925556.8,
        "trend": 882.831667,
        "fair_value": 616.322761,
        "relative_strength": 65.217578,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.76683,
        "energy": 93.817856,
        "activity_lines": [
          1242.210002,
          1157.611822,
          1037.424763,
          965.480968
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1440.5,
        "volume": 0,
        "typical_volume": 5284479.5,
        "trend": 903.506667,
        "fair_value": 622.708978,
        "relative_strength": 74.282135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.517151,
        "energy": 96.439188,
        "activity_lines": [
          1325.383333,
          1219.976367,
          1083.548096,
          1001.45957
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1376.0,
        "volume": 1229753,
        "typical_volume": 5084394.05,
        "trend": 924.598334,
        "fair_value": 628.703032,
        "relative_strength": 62.030404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.318933,
        "energy": 89.766979,
        "activity_lines": [
          1360.279997,
          1262.206367,
          1120.805239,
          1031.943011
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1451.900024,
        "volume": 7334547,
        "typical_volume": 5294613.95,
        "trend": 948.368335,
        "fair_value": 634.935344,
        "relative_strength": 68.36118,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.708326,
        "energy": 91.425731,
        "activity_lines": [
          1401.313338,
          1310.847279,
          1162.894765,
          1065.962475
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1359.099976,
        "volume": 3205758,
        "typical_volume": 5243847.65,
        "trend": 969.348334,
        "fair_value": 640.659571,
        "relative_strength": 54.468523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.972811,
        "energy": 77.302827,
        "activity_lines": [
          1396.406665,
          1333.652728,
          1193.196191,
          1092.46129
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1288.300049,
        "volume": 3514577,
        "typical_volume": 5194168.2,
        "trend": 987.701668,
        "fair_value": 645.934403,
        "relative_strength": 47.951249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.870918,
        "energy": 63.149802,
        "activity_lines": [
          1361.740015,
          1338.877282,
          1214.198339,
          1113.03882
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1366.800049,
        "volume": 14811594,
        "typical_volume": 5674138.9,
        "trend": 1008.531669,
        "fair_value": 651.662212,
        "relative_strength": 50.967156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.865287,
        "energy": 55.986937,
        "activity_lines": [
          1356.286694,
          1353.373653,
          1240.168343,
          1137.49678
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1424.699951,
        "volume": 6030553,
        "typical_volume": 5541070.1,
        "trend": 1032.196668,
        "fair_value": 657.786606,
        "relative_strength": 53.839062,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.840546,
        "energy": 56.106034,
        "activity_lines": [
          1375.046672,
          1372.43455,
          1268.59429,
          1164.346347
        ]
      }
    ],
    "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."
    }
  }
}