{
  "ticker": {
    "uuid": "1bea590f-163e-44e4-a0eb-51a7cfea3d87",
    "symbol": "600137",
    "name": "Sichuan Langsha Holding Ltd.",
    "exchange": "SHH",
    "country": "CN",
    "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": "000001.SS",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -62.827,
    "architecture_energy": 54.673,
    "architecture_maturity": 39.009,
    "architecture_confidence": 95.899,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 15.35,
        "rotation_up": 24.41,
        "upward_expansion": 9.32,
        "deceleration": 57.46,
        "rotation_down": 55.05,
        "downward_expansion": 82.66
      },
      "activity_lines": [
        16.669333,
        16.817784,
        18.388274,
        19.3544
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 17.459999,
    "trend_reference": 20.238328,
    "distance_from_trend": -0.137281,
    "trend_direction": "Weakening",
    "fair_value": 16.670464,
    "distance_from_fair_value": 0.047361,
    "fair_value_direction": "Weakening",
    "relative_strength": -11.626327,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.180282,
    "excess_performance": -0.137078,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.137281,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.039765,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.047361,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.396432,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.116263,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.205241,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.180282,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.27526,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8579289,
      "relative_activity": 0.707036,
      "balance": 0.27526,
      "dry_up": 0.788775,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.089964,
      "annualized_volatility": 0.387799,
      "from_high_reference": -0.277407,
      "from_low_reference": 0.186948
    },
    "levels": {
      "trend_reference": 20.238328,
      "fair_value_reference": 16.670464,
      "structural_low": 14.71,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.022444,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.454545,
        "median_excess_return": 0.024266,
        "regime_survival": 0.818182,
        "best_return": 0.19171,
        "worst_return": -0.135617,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.044648,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.032077,
        "regime_survival": 0.5,
        "best_return": 0.270175,
        "worst_return": -0.143921,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.172056,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.162652,
        "regime_survival": 0.333333,
        "best_return": 0.346491,
        "worst_return": -0.12976,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.172638,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.098183,
        "regime_survival": 0.0,
        "best_return": 0.173506,
        "worst_return": 0.171771,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-04",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": 0.099275,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-15",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": -0.071038,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": 0.189073,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.056116,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.187764,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": -0.214542,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-06-27",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.010234,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.109977,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": 0.074791,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-14",
        "end": "2025-12-05",
        "tenure": "New",
        "return": -0.078759,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": 0.136606,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-06",
        "end": "2026-06-12",
        "tenure": "Established",
        "return": -0.154424,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-06-19",
        "end": "2026-07-03",
        "tenure": "New",
        "return": -0.007109,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.043011,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 17.256998,
        "volume": 10147226,
        "typical_volume": 10314494.25,
        "trend": 15.489349,
        "fair_value": 14.416314,
        "relative_strength": 12.72806,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.76234,
        "energy": 40.147905,
        "activity_lines": [
          17.061389,
          16.867426,
          16.168905,
          15.861977
        ]
      },
      {
        "date": "2023-08-04",
        "close": 16.18453,
        "volume": 13351408,
        "typical_volume": 10758814.65,
        "trend": 15.555538,
        "fair_value": 14.407429,
        "relative_strength": 5.025891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.84488,
        "energy": 23.556405,
        "activity_lines": [
          16.693464,
          16.809281,
          16.218505,
          15.906828
        ]
      },
      {
        "date": "2023-08-11",
        "close": 15.814038,
        "volume": 5471400,
        "typical_volume": 10731329.65,
        "trend": 15.599054,
        "fair_value": 14.397875,
        "relative_strength": 5.52663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.417541,
        "energy": 17.859902,
        "activity_lines": [
          16.360674,
          16.66562,
          16.226591,
          15.923505
        ]
      },
      {
        "date": "2023-08-18",
        "close": 16.603767,
        "volume": 8373800,
        "typical_volume": 10829699.65,
        "trend": 15.678896,
        "fair_value": 14.391434,
        "relative_strength": 12.337376,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.594035,
        "energy": 16.476404,
        "activity_lines": [
          16.390573,
          16.652369,
          16.306807,
          15.988325
        ]
      },
      {
        "date": "2023-08-25",
        "close": 15.199807,
        "volume": 7516200,
        "typical_volume": 10938864.65,
        "trend": 15.689355,
        "fair_value": 14.379162,
        "relative_strength": 4.839756,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.32106,
        "energy": 13.862039,
        "activity_lines": [
          15.965485,
          16.370571,
          16.246884,
          15.957416
        ]
      },
      {
        "date": "2023-09-01",
        "close": 16.896257,
        "volume": 9795754,
        "typical_volume": 11179077.35,
        "trend": 15.73894,
        "fair_value": 14.377642,
        "relative_strength": 13.483773,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.666993,
        "energy": 17.688123,
        "activity_lines": [
          16.193628,
          16.405768,
          16.346157,
          16.035281
        ]
      },
      {
        "date": "2023-09-08",
        "close": 16.535519,
        "volume": 4551400,
        "typical_volume": 11185792.35,
        "trend": 15.76779,
        "fair_value": 14.373079,
        "relative_strength": 11.179016,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.888136,
        "energy": 9.738652,
        "activity_lines": [
          16.325574,
          16.373319,
          16.398784,
          16.086673
        ]
      },
      {
        "date": "2023-09-15",
        "close": 16.45752,
        "volume": 4742850,
        "typical_volume": 11044834.95,
        "trend": 15.802428,
        "fair_value": 14.365578,
        "relative_strength": 10.270326,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.234164,
        "energy": 12.58635,
        "activity_lines": [
          16.408122,
          16.363569,
          16.430365,
          16.131172
        ]
      },
      {
        "date": "2023-09-22",
        "close": 17.276497,
        "volume": 12706901,
        "typical_volume": 11479940.0,
        "trend": 15.847911,
        "fair_value": 14.366679,
        "relative_strength": 14.676446,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 47.97964,
        "energy": 31.345131,
        "activity_lines": [
          16.720763,
          16.518146,
          16.530295,
          16.226273
        ]
      },
      {
        "date": "2023-09-29",
        "close": 17.247248,
        "volume": 4814000,
        "typical_volume": 11297259.95,
        "trend": 15.888871,
        "fair_value": 14.372773,
        "relative_strength": 14.785895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.15213,
        "energy": 44.989896,
        "activity_lines": [
          16.978806,
          16.658719,
          16.615872,
          16.316553
        ]
      },
      {
        "date": "2023-10-13",
        "close": 16.12603,
        "volume": 6181182,
        "typical_volume": 11312729.05,
        "trend": 15.920525,
        "fair_value": 14.372045,
        "relative_strength": 7.699344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.258478,
        "energy": 26.379248,
        "activity_lines": [
          16.726613,
          16.58214,
          16.586373,
          16.331854
        ]
      },
      {
        "date": "2023-10-20",
        "close": 16.213776,
        "volume": 12650802,
        "typical_volume": 11704559.15,
        "trend": 15.965106,
        "fair_value": 14.379621,
        "relative_strength": 11.620322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.304616,
        "energy": 16.221906,
        "activity_lines": [
          16.555017,
          16.542077,
          16.562044,
          16.350773
        ]
      },
      {
        "date": "2023-10-27",
        "close": 17.88098,
        "volume": 16207481,
        "typical_volume": 12304118.05,
        "trend": 16.055581,
        "fair_value": 14.398493,
        "relative_strength": 21.068877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.240832,
        "energy": 29.498078,
        "activity_lines": [
          16.960606,
          16.80461,
          16.691603,
          16.474378
        ]
      },
      {
        "date": "2023-11-03",
        "close": 17.705484,
        "volume": 15061732,
        "typical_volume": 11748027.55,
        "trend": 16.137303,
        "fair_value": 14.414411,
        "relative_strength": 18.803535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.007642,
        "energy": 28.795404,
        "activity_lines": [
          17.212798,
          16.997655,
          16.791155,
          16.580823
        ]
      },
      {
        "date": "2023-11-10",
        "close": 18.329466,
        "volume": 10054902,
        "typical_volume": 11576709.4,
        "trend": 16.258214,
        "fair_value": 14.43049,
        "relative_strength": 21.98026,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.954155,
        "energy": 53.43933,
        "activity_lines": [
          17.644386,
          17.284119,
          16.941408,
          16.722253
        ]
      },
      {
        "date": "2023-11-17",
        "close": 18.495211,
        "volume": 8678403,
        "typical_volume": 11655476.25,
        "trend": 16.397554,
        "fair_value": 14.451593,
        "relative_strength": 21.777235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.560984,
        "energy": 64.957816,
        "activity_lines": [
          18.059074,
          17.543816,
          17.094783,
          16.866575
        ]
      },
      {
        "date": "2023-11-24",
        "close": 18.992447,
        "volume": 12425300,
        "typical_volume": 10545779.8,
        "trend": 16.574763,
        "fair_value": 14.480576,
        "relative_strength": 24.860086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.747117,
        "energy": 68.574533,
        "activity_lines": [
          18.481562,
          17.864848,
          17.287361,
          17.033988
        ]
      },
      {
        "date": "2023-12-01",
        "close": 18.953447,
        "volume": 7400600,
        "typical_volume": 9702607.65,
        "trend": 16.725507,
        "fair_value": 14.508395,
        "relative_strength": 24.260939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.44227,
        "energy": 70.642866,
        "activity_lines": [
          18.705805,
          18.134117,
          17.474184,
          17.187451
        ]
      },
      {
        "date": "2023-12-08",
        "close": 17.89073,
        "volume": 7690412,
        "typical_volume": 9392748.2,
        "trend": 16.826954,
        "fair_value": 14.529463,
        "relative_strength": 19.1718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.188694,
        "energy": 55.769195,
        "activity_lines": [
          18.504311,
          18.164785,
          17.551949,
          17.262627
        ]
      },
      {
        "date": "2023-12-15",
        "close": 18.475712,
        "volume": 6151600,
        "typical_volume": 9198667.65,
        "trend": 16.925961,
        "fair_value": 14.551843,
        "relative_strength": 23.560034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.072755,
        "energy": 39.951448,
        "activity_lines": [
          18.485462,
          18.290645,
          17.680228,
          17.368999
        ]
      },
      {
        "date": "2023-12-22",
        "close": 17.646988,
        "volume": 7376100,
        "typical_volume": 9060111.35,
        "trend": 16.998958,
        "fair_value": 14.570982,
        "relative_strength": 18.615617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.459056,
        "energy": 25.35546,
        "activity_lines": [
          18.180621,
          18.243492,
          17.720248,
          17.415516
        ]
      },
      {
        "date": "2023-12-29",
        "close": 17.763981,
        "volume": 6296201,
        "typical_volume": 8707351.0,
        "trend": 17.084888,
        "fair_value": 14.588434,
        "relative_strength": 16.545528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.633861,
        "energy": 18.266526,
        "activity_lines": [
          17.971327,
          18.189957,
          17.769554,
          17.464873
        ]
      },
      {
        "date": "2024-01-05",
        "close": 17.676233,
        "volume": 5904802,
        "typical_volume": 8729021.1,
        "trend": 17.171119,
        "fair_value": 14.609345,
        "relative_strength": 17.245698,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.759181,
        "energy": 16.902242,
        "activity_lines": [
          17.81468,
          18.092282,
          17.802981,
          17.503024
        ]
      },
      {
        "date": "2024-01-12",
        "close": 17.208248,
        "volume": 7004717,
        "typical_volume": 8660566.95,
        "trend": 17.215618,
        "fair_value": 14.63256,
        "relative_strength": 15.418186,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.275961,
        "energy": 15.774446,
        "activity_lines": [
          17.587187,
          17.913241,
          17.782971,
          17.505419
        ]
      },
      {
        "date": "2024-01-19",
        "close": 16.652514,
        "volume": 8093909,
        "typical_volume": 8689452.4,
        "trend": 17.248368,
        "fair_value": 14.656356,
        "relative_strength": 13.110428,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.09338,
        "energy": 20.669292,
        "activity_lines": [
          17.219947,
          17.642199,
          17.707155,
          17.46909
        ]
      },
      {
        "date": "2024-01-26",
        "close": 16.145529,
        "volume": 9904120,
        "typical_volume": 8694870.7,
        "trend": 17.227116,
        "fair_value": 14.676354,
        "relative_strength": 6.296557,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.265187,
        "energy": 34.724897,
        "activity_lines": [
          16.805259,
          17.309468,
          17.576138,
          17.397939
        ]
      },
      {
        "date": "2024-02-02",
        "close": 12.567384,
        "volume": 10419416,
        "typical_volume": 8988271.5,
        "trend": 17.027229,
        "fair_value": 14.678778,
        "relative_strength": -11.817706,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -55.311493,
        "energy": 71.802128,
        "activity_lines": [
          15.297954,
          16.368886,
          17.107919,
          17.097311
        ]
      },
      {
        "date": "2024-02-09",
        "close": 10.64669,
        "volume": 16227502,
        "typical_volume": 9562504.1,
        "trend": 16.80526,
        "fair_value": 14.672913,
        "relative_strength": -28.568442,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -94.989739,
        "energy": 96.038742,
        "activity_lines": [
          13.496857,
          15.195907,
          16.475673,
          16.685664
        ]
      },
      {
        "date": "2024-02-23",
        "close": 12.967123,
        "volume": 14417878,
        "typical_volume": 9648052.95,
        "trend": 16.677539,
        "fair_value": 14.679851,
        "relative_strength": -16.873093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.621725,
        "energy": 86.676365,
        "activity_lines": [
          12.937873,
          14.595856,
          16.092092,
          16.438042
        ]
      },
      {
        "date": "2024-03-01",
        "close": 12.781878,
        "volume": 15104054,
        "typical_volume": 10162555.65,
        "trend": 16.553068,
        "fair_value": 14.688953,
        "relative_strength": -18.490895,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.40468,
        "energy": 86.40074,
        "activity_lines": [
          12.599883,
          14.051645,
          15.711389,
          16.186709
        ]
      },
      {
        "date": "2024-03-08",
        "close": 12.645382,
        "volume": 8608111,
        "typical_volume": 10283902.1,
        "trend": 16.399347,
        "fair_value": 14.697911,
        "relative_strength": -19.649882,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.556085,
        "energy": 82.426365,
        "activity_lines": [
          12.474437,
          13.586141,
          15.33895,
          15.9346
        ]
      },
      {
        "date": "2024-03-15",
        "close": 13.669102,
        "volume": 11218646,
        "typical_volume": 10212294.3,
        "trend": 16.3155,
        "fair_value": 14.710994,
        "relative_strength": -13.281033,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.410739,
        "energy": 54.271715,
        "activity_lines": [
          12.923574,
          13.397705,
          15.080582,
          15.758455
        ]
      },
      {
        "date": "2024-03-22",
        "close": 13.659352,
        "volume": 9620503,
        "typical_volume": 9882945.4,
        "trend": 16.243677,
        "fair_value": 14.720967,
        "relative_strength": -13.084869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.323284,
        "energy": 42.110862,
        "activity_lines": [
          13.296013,
          13.28195,
          14.833404,
          15.587091
        ]
      },
      {
        "date": "2024-03-29",
        "close": 13.493607,
        "volume": 6769193,
        "typical_volume": 9468318.45,
        "trend": 16.140005,
        "fair_value": 14.729938,
        "relative_strength": -13.900816,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -43.442127,
        "energy": 35.972942,
        "activity_lines": [
          13.412359,
          13.209093,
          14.590543,
          15.409667
        ]
      },
      {
        "date": "2024-04-05",
        "close": 14.215085,
        "volume": 10392807,
        "typical_volume": 9485213.7,
        "trend": 16.107181,
        "fair_value": 14.73811,
        "relative_strength": -10.12417,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -38.979144,
        "energy": 26.36347,
        "activity_lines": [
          13.7341,
          13.334952,
          14.436451,
          15.285479
        ]
      },
      {
        "date": "2024-04-12",
        "close": 13.620353,
        "volume": 9179567,
        "typical_volume": 9510271.9,
        "trend": 15.997984,
        "fair_value": 14.747223,
        "relative_strength": -12.414496,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.979669,
        "energy": 25.096716,
        "activity_lines": [
          13.762049,
          13.396996,
          14.24531,
          15.125038
        ]
      },
      {
        "date": "2024-04-19",
        "close": 11.806906,
        "volume": 11659310,
        "typical_volume": 9471972.4,
        "trend": 15.840363,
        "fair_value": 14.737094,
        "relative_strength": -25.051458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.696961,
        "energy": 39.565407,
        "activity_lines": [
          13.120518,
          13.175234,
          13.904673,
          14.854646
        ]
      },
      {
        "date": "2024-04-26",
        "close": 12.918374,
        "volume": 12131584,
        "typical_volume": 9708521.6,
        "trend": 15.722392,
        "fair_value": 14.722447,
        "relative_strength": -18.584414,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.41323,
        "energy": 34.585879,
        "activity_lines": [
          12.973622,
          13.169385,
          13.704108,
          14.666131
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.444858,
        "volume": 4180200,
        "typical_volume": 9533011.0,
        "trend": 15.594671,
        "fair_value": 14.720318,
        "relative_strength": -15.767312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.625546,
        "energy": 35.292391,
        "activity_lines": [
          13.05162,
          13.217956,
          13.582422,
          14.519193
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.522857,
        "volume": 8151302,
        "typical_volume": 9632996.1,
        "trend": 15.470524,
        "fair_value": 14.723139,
        "relative_strength": -16.59666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.658813,
        "energy": 36.133753,
        "activity_lines": [
          13.158867,
          13.272023,
          13.489336,
          14.385528
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.7471,
        "volume": 6769800,
        "typical_volume": 9602681.1,
        "trend": 15.391227,
        "fair_value": 14.726543,
        "relative_strength": -15.16976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.672037,
        "energy": 22.951199,
        "activity_lines": [
          13.38701,
          13.353388,
          13.441191,
          14.274339
        ]
      },
      {
        "date": "2024-05-24",
        "close": 13.181617,
        "volume": 5881660,
        "typical_volume": 9581954.05,
        "trend": 15.290155,
        "fair_value": 14.730711,
        "relative_strength": -16.79684,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.049496,
        "energy": 21.991961,
        "activity_lines": [
          13.41821,
          13.311908,
          13.357761,
          14.131784
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.123117,
        "volume": 4590302,
        "typical_volume": 9516229.05,
        "trend": 15.131559,
        "fair_value": 14.73682,
        "relative_strength": -16.968873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.277723,
        "energy": 23.74757,
        "activity_lines": [
          13.338262,
          13.268655,
          13.290581,
          13.991975
        ]
      },
      {
        "date": "2024-06-07",
        "close": 12.157896,
        "volume": 8371421,
        "typical_volume": 9584564.25,
        "trend": 14.94664,
        "fair_value": 14.736071,
        "relative_strength": -21.962413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.811772,
        "energy": 38.385111,
        "activity_lines": [
          12.922924,
          13.059656,
          13.153156,
          13.800125
        ]
      },
      {
        "date": "2024-06-14",
        "close": 12.157896,
        "volume": 4599700,
        "typical_volume": 9409853.8,
        "trend": 14.740921,
        "fair_value": 14.733128,
        "relative_strength": -21.286199,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.74385,
        "energy": 53.934548,
        "activity_lines": [
          12.593383,
          12.874943,
          13.039781,
          13.620207
        ]
      },
      {
        "date": "2024-06-21",
        "close": 11.826406,
        "volume": 4034302,
        "typical_volume": 9116362.9,
        "trend": 14.518627,
        "fair_value": 14.699414,
        "relative_strength": -22.267419,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.375404,
        "energy": 64.449829,
        "activity_lines": [
          12.244344,
          12.667363,
          12.916238,
          13.432173
        ]
      },
      {
        "date": "2024-06-28",
        "close": 11.749748,
        "volume": 5514079,
        "typical_volume": 8871096.05,
        "trend": 14.277204,
        "fair_value": 14.680934,
        "relative_strength": -21.725896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.642308,
        "energy": 68.272151,
        "activity_lines": [
          11.997797,
          12.478462,
          12.805962,
          13.253536
        ]
      },
      {
        "date": "2024-07-05",
        "close": 11.482484,
        "volume": 3033380,
        "typical_volume": 8211389.95,
        "trend": 14.028172,
        "fair_value": 14.648794,
        "relative_strength": -22.654718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.843975,
        "energy": 71.620293,
        "activity_lines": [
          11.757621,
          12.242007,
          12.674125,
          13.073231
        ]
      },
      {
        "date": "2024-07-12",
        "close": 11.650762,
        "volume": 5292222,
        "typical_volume": 7755107.15,
        "trend": 13.820173,
        "fair_value": 14.629009,
        "relative_strength": -21.522721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.547233,
        "energy": 62.762642,
        "activity_lines": [
          11.682913,
          12.062255,
          12.554335,
          12.91985
        ]
      },
      {
        "date": "2024-07-19",
        "close": 11.264712,
        "volume": 3242880,
        "typical_volume": 7162048.45,
        "trend": 13.579806,
        "fair_value": 14.608881,
        "relative_strength": -23.924099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.740933,
        "energy": 68.190964,
        "activity_lines": [
          11.513331,
          11.844932,
          12.404047,
          12.754982
        ]
      },
      {
        "date": "2024-07-26",
        "close": 11.403295,
        "volume": 3630801,
        "typical_volume": 6913182.95,
        "trend": 13.371683,
        "fair_value": 14.593135,
        "relative_strength": -20.168383,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.200427,
        "energy": 69.163193,
        "activity_lines": [
          11.449488,
          11.693863,
          12.274182,
          12.614562
        ]
      },
      {
        "date": "2024-08-02",
        "close": 11.58147,
        "volume": 3988100,
        "typical_volume": 6551655.65,
        "trend": 13.165599,
        "fair_value": 14.578653,
        "relative_strength": -18.936742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.874965,
        "energy": 52.676773,
        "activity_lines": [
          11.473245,
          11.617805,
          12.1672,
          12.499064
        ]
      },
      {
        "date": "2024-08-09",
        "close": 11.571571,
        "volume": 4450800,
        "typical_volume": 6293170.5,
        "trend": 12.962111,
        "fair_value": 14.565455,
        "relative_strength": -17.389425,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.031949,
        "energy": 46.1349,
        "activity_lines": [
          11.50492,
          11.56904,
          12.069217,
          12.396224
        ]
      },
      {
        "date": "2024-08-16",
        "close": 11.59137,
        "volume": 5526502,
        "typical_volume": 6231035.95,
        "trend": 12.774881,
        "fair_value": 14.551772,
        "relative_strength": -17.452588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.023041,
        "energy": 39.407727,
        "activity_lines": [
          11.537256,
          11.552084,
          11.983061,
          12.307789
        ]
      },
      {
        "date": "2024-08-23",
        "close": 11.28451,
        "volume": 4820700,
        "typical_volume": 5952430.6,
        "trend": 12.595948,
        "fair_value": 14.536551,
        "relative_strength": -18.609679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.208897,
        "energy": 39.812591,
        "activity_lines": [
          11.471265,
          11.489637,
          11.876739,
          12.211636
        ]
      },
      {
        "date": "2024-08-30",
        "close": 11.700254,
        "volume": 4134643,
        "typical_volume": 5700184.4,
        "trend": 12.447772,
        "fair_value": 14.523382,
        "relative_strength": -14.850815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.307206,
        "energy": 29.382925,
        "activity_lines": [
          11.542535,
          11.518659,
          11.823966,
          12.153849
        ]
      },
      {
        "date": "2024-09-06",
        "close": 11.462687,
        "volume": 2765700,
        "typical_volume": 5255503.9,
        "trend": 12.410949,
        "fair_value": 14.509793,
        "relative_strength": -13.995946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.722263,
        "energy": 31.554027,
        "activity_lines": [
          11.514819,
          11.50678,
          11.757712,
          12.090295
        ]
      },
      {
        "date": "2024-09-13",
        "close": 11.294409,
        "volume": 3020700,
        "typical_volume": 4799959.7,
        "trend": 12.432539,
        "fair_value": 14.49347,
        "relative_strength": -12.901846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.363594,
        "energy": 38.046633,
        "activity_lines": [
          11.43893,
          11.469525,
          11.67707,
          12.01826
        ]
      },
      {
        "date": "2024-09-20",
        "close": 11.383497,
        "volume": 2570100,
        "typical_volume": 4719454.7,
        "trend": 12.379752,
        "fair_value": 14.464852,
        "relative_strength": -12.864018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.72034,
        "energy": 34.255362,
        "activity_lines": [
          11.411213,
          11.451888,
          11.612646,
          11.95058
        ]
      },
      {
        "date": "2024-09-27",
        "close": 12.49215,
        "volume": 6289641,
        "typical_volume": 4626371.65,
        "trend": 12.370094,
        "fair_value": 14.452838,
        "relative_strength": -14.816527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.73524,
        "energy": 10.197433,
        "activity_lines": [
          11.766906,
          11.640683,
          11.663624,
          11.957832
        ]
      },
      {
        "date": "2024-10-04",
        "close": 13.660196,
        "volume": 3839028,
        "typical_volume": 4479833.05,
        "trend": 12.403921,
        "fair_value": 14.449598,
        "relative_strength": -13.303497,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.819653,
        "energy": 35.029818,
        "activity_lines": [
          12.431438,
          12.019533,
          11.830752,
          12.041064
        ]
      },
      {
        "date": "2024-10-11",
        "close": 13.006883,
        "volume": 11724280,
        "typical_volume": 4771964.05,
        "trend": 12.381847,
        "fair_value": 14.441986,
        "relative_strength": -13.876115,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.92979,
        "energy": 40.921091,
        "activity_lines": [
          12.747537,
          12.238564,
          11.936074,
          12.079965
        ]
      },
      {
        "date": "2024-10-18",
        "close": 13.670095,
        "volume": 8471160,
        "typical_volume": 4966006.95,
        "trend": 12.382205,
        "fair_value": 14.441812,
        "relative_strength": -10.322228,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.880331,
        "energy": 61.101295,
        "activity_lines": [
          13.181759,
          12.552263,
          12.105391,
          12.163077
        ]
      },
      {
        "date": "2024-10-25",
        "close": 14.254118,
        "volume": 7668916,
        "typical_volume": 4930881.7,
        "trend": 12.407556,
        "fair_value": 14.448568,
        "relative_strength": -7.145524,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 53.250833,
        "energy": 74.974928,
        "activity_lines": [
          13.652277,
          12.933992,
          12.327725,
          12.283846
        ]
      },
      {
        "date": "2024-11-01",
        "close": 14.056144,
        "volume": 9389182,
        "typical_volume": 5170355.8,
        "trend": 12.402258,
        "fair_value": 14.453442,
        "relative_strength": -7.034265,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 45.051796,
        "energy": 69.984759,
        "activity_lines": [
          13.865429,
          13.231313,
          12.521222,
          12.390207
        ]
      },
      {
        "date": "2024-11-08",
        "close": 15.016317,
        "volume": 7566611,
        "typical_volume": 5346971.25,
        "trend": 12.44879,
        "fair_value": 14.463061,
        "relative_strength": -5.282003,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 83.92905,
        "energy": 85.762481,
        "activity_lines": [
          14.294373,
          13.652817,
          12.797124,
          12.558856
        ]
      },
      {
        "date": "2024-11-15",
        "close": 14.491687,
        "volume": 7207719,
        "typical_volume": 5431653.25,
        "trend": 12.538283,
        "fair_value": 14.469318,
        "relative_strength": -4.583276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.220685,
        "energy": 76.634942,
        "activity_lines": [
          14.458031,
          13.918642,
          13.007872,
          12.690655
        ]
      },
      {
        "date": "2024-11-22",
        "close": 14.333307,
        "volume": 7677151,
        "typical_volume": 5663841.8,
        "trend": 12.585447,
        "fair_value": 14.475784,
        "relative_strength": -3.109181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.708861,
        "energy": 56.534063,
        "activity_lines": [
          14.469909,
          14.100598,
          13.19048,
          12.806463
        ]
      },
      {
        "date": "2024-11-29",
        "close": 15.333076,
        "volume": 9552346,
        "typical_volume": 5876848.0,
        "trend": 12.648388,
        "fair_value": 14.488599,
        "relative_strength": 2.514843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.312774,
        "energy": 64.344971,
        "activity_lines": [
          14.77083,
          14.409078,
          13.454728,
          12.98373
        ]
      },
      {
        "date": "2024-12-06",
        "close": 15.540948,
        "volume": 7937211,
        "typical_volume": 6111564.55,
        "trend": 12.715657,
        "fair_value": 14.500907,
        "relative_strength": 2.273113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.288904,
        "energy": 59.139978,
        "activity_lines": [
          15.06911,
          14.683541,
          13.721238,
          13.170347
        ]
      },
      {
        "date": "2024-12-13",
        "close": 16.382336,
        "volume": 10743559,
        "typical_volume": 6467202.45,
        "trend": 12.803499,
        "fair_value": 14.516832,
        "relative_strength": 8.757718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.551672,
        "energy": 64.329953,
        "activity_lines": [
          15.548867,
          15.055552,
          14.047518,
          13.406906
        ]
      },
      {
        "date": "2024-12-20",
        "close": 15.273684,
        "volume": 34404827,
        "typical_volume": 7988038.8,
        "trend": 12.873234,
        "fair_value": 14.521055,
        "relative_strength": 2.891491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.249631,
        "energy": 52.55429,
        "activity_lines": [
          15.568004,
          15.176496,
          14.244502,
          13.566273
        ]
      },
      {
        "date": "2024-12-27",
        "close": 14.452092,
        "volume": 11832182,
        "typical_volume": 8357107.9,
        "trend": 12.917533,
        "fair_value": 14.521973,
        "relative_strength": -2.796457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.706605,
        "energy": 43.886885,
        "activity_lines": [
          15.261145,
          15.106845,
          14.345657,
          13.668135
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13.462223,
        "volume": 8802500,
        "typical_volume": 8520907.8,
        "trend": 12.961011,
        "fair_value": 14.517402,
        "relative_strength": -3.377456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.821894,
        "energy": 24.456892,
        "activity_lines": [
          14.61641,
          14.843,
          14.338823,
          13.703276
        ]
      },
      {
        "date": "2025-01-10",
        "close": 13.769082,
        "volume": 8566331,
        "typical_volume": 8708189.35,
        "trend": 13.014717,
        "fair_value": 14.514186,
        "relative_strength": 0.918705,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.17467,
        "energy": 22.378892,
        "activity_lines": [
          14.198685,
          14.649346,
          14.352304,
          13.75541
        ]
      },
      {
        "date": "2025-01-17",
        "close": 14.749052,
        "volume": 18376587,
        "typical_volume": 9420286.55,
        "trend": 13.112139,
        "fair_value": 14.516272,
        "relative_strength": 6.332095,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.117744,
        "energy": 21.865778,
        "activity_lines": [
          14.225742,
          14.639087,
          14.447284,
          13.867303
        ]
      },
      {
        "date": "2025-01-24",
        "close": 14.363004,
        "volume": 15710156,
        "typical_volume": 10067509.35,
        "trend": 13.199247,
        "fair_value": 14.521642,
        "relative_strength": 3.888393,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.423795,
        "energy": 18.315592,
        "activity_lines": [
          14.233001,
          14.563497,
          14.49098,
          13.948004
        ]
      },
      {
        "date": "2025-01-31",
        "close": 14.560977,
        "volume": 1928100,
        "typical_volume": 10012879.35,
        "trend": 13.301864,
        "fair_value": 14.525218,
        "relative_strength": 5.897834,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.529415,
        "energy": 10.701532,
        "activity_lines": [
          14.366963,
          14.526242,
          14.539719,
          14.035857
        ]
      },
      {
        "date": "2025-02-07",
        "close": 14.828241,
        "volume": 5962261,
        "typical_volume": 10182487.4,
        "trend": 13.40778,
        "fair_value": 14.52873,
        "relative_strength": 6.164729,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.223193,
        "energy": 20.944267,
        "activity_lines": [
          14.582754,
          14.533441,
          14.598357,
          14.134333
        ]
      },
      {
        "date": "2025-02-14",
        "close": 15.055912,
        "volume": 8247572,
        "typical_volume": 10280383.95,
        "trend": 13.534153,
        "fair_value": 14.531128,
        "relative_strength": 6.029942,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.913836,
        "energy": 24.356777,
        "activity_lines": [
          14.783368,
          14.591213,
          14.662274,
          14.240664
        ]
      },
      {
        "date": "2025-02-21",
        "close": 15.194494,
        "volume": 9752791,
        "typical_volume": 10576072.1,
        "trend": 13.660526,
        "fair_value": 14.537539,
        "relative_strength": 5.893251,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 45.523418,
        "energy": 29.501426,
        "activity_lines": [
          14.944387,
          14.683001,
          14.727181,
          14.347783
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.372438,
        "volume": 13582850,
        "typical_volume": 10669000.6,
        "trend": 13.820225,
        "fair_value": 14.557506,
        "relative_strength": 15.73197,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 69.060013,
        "energy": 54.372917,
        "activity_lines": [
          15.468357,
          15.010558,
          14.896967,
          14.522745
        ]
      },
      {
        "date": "2025-03-07",
        "close": 15.699327,
        "volume": 15697112,
        "typical_volume": 11030298.2,
        "trend": 13.957817,
        "fair_value": 14.571688,
        "relative_strength": 9.026575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.939239,
        "energy": 51.759779,
        "activity_lines": [
          15.633996,
          15.195753,
          14.986621,
          14.643977
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.837909,
        "volume": 10606400,
        "typical_volume": 11177172.4,
        "trend": 14.099368,
        "fair_value": 14.581918,
        "relative_strength": 8.400221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.183919,
        "energy": 52.685715,
        "activity_lines": [
          15.769938,
          15.383469,
          15.07981,
          14.765274
        ]
      },
      {
        "date": "2025-03-21",
        "close": 15.1549,
        "volume": 12627151,
        "typical_volume": 11339070.85,
        "trend": 14.228381,
        "fair_value": 14.588136,
        "relative_strength": 5.401927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.936822,
        "energy": 45.680511,
        "activity_lines": [
          15.610899,
          15.403806,
          15.100409,
          14.833372
        ]
      },
      {
        "date": "2025-03-28",
        "close": 14.570876,
        "volume": 10260600,
        "typical_volume": 11473770.3,
        "trend": 14.324069,
        "fair_value": 14.588528,
        "relative_strength": 1.789859,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.574697,
        "energy": 17.895667,
        "activity_lines": [
          15.250587,
          15.292761,
          15.060154,
          14.855469
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.818343,
        "volume": 5464200,
        "typical_volume": 11386594.35,
        "trend": 14.435924,
        "fair_value": 14.591793,
        "relative_strength": 3.899004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.411644,
        "energy": 14.439032,
        "activity_lines": [
          15.014338,
          15.229949,
          15.045589,
          14.887358
        ]
      },
      {
        "date": "2025-04-11",
        "close": 14.075942,
        "volume": 12179002,
        "typical_volume": 11611686.9,
        "trend": 14.528642,
        "fair_value": 14.594527,
        "relative_strength": 1.931999,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.374027,
        "energy": 15.200092,
        "activity_lines": [
          14.634228,
          15.023876,
          14.958763,
          14.864133
        ]
      },
      {
        "date": "2025-04-18",
        "close": 14.531281,
        "volume": 6364199,
        "typical_volume": 11452279.55,
        "trend": 14.633568,
        "fair_value": 14.590743,
        "relative_strength": 3.720264,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.462167,
        "energy": 19.332601,
        "activity_lines": [
          14.514124,
          14.909411,
          14.916529,
          14.864303
        ]
      },
      {
        "date": "2025-04-25",
        "close": 14.729256,
        "volume": 5070800,
        "typical_volume": 11308959.0,
        "trend": 14.708138,
        "fair_value": 14.59307,
        "relative_strength": 4.413466,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.262928,
        "energy": 17.325614,
        "activity_lines": [
          14.547119,
          14.836341,
          14.896967,
          14.870477
        ]
      },
      {
        "date": "2025-05-02",
        "close": 15.422164,
        "volume": 7760007,
        "typical_volume": 11159781.4,
        "trend": 14.76687,
        "fair_value": 14.59898,
        "relative_strength": 9.676065,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.854967,
        "energy": 13.130815,
        "activity_lines": [
          14.839461,
          14.895194,
          14.947262,
          14.916543
        ]
      },
      {
        "date": "2025-05-09",
        "close": 16.560513,
        "volume": 10198651,
        "typical_volume": 9949472.6,
        "trend": 14.885325,
        "fair_value": 14.611513,
        "relative_strength": 15.207182,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.986692,
        "energy": 36.909035,
        "activity_lines": [
          15.4545,
          15.156879,
          15.110543,
          15.032262
        ]
      },
      {
        "date": "2025-05-16",
        "close": 16.718891,
        "volume": 10898201,
        "typical_volume": 9902773.55,
        "trend": 14.986951,
        "fair_value": 14.611949,
        "relative_strength": 15.11748,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.444007,
        "energy": 58.735161,
        "activity_lines": [
          16.006186,
          15.443941,
          15.282781,
          15.150556
        ]
      },
      {
        "date": "2025-05-23",
        "close": 22.054289,
        "volume": 41967584,
        "typical_volume": 11561027.75,
        "trend": 15.246957,
        "fair_value": 14.667297,
        "relative_strength": 51.156889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.613779,
        "energy": 87.772052,
        "activity_lines": [
          18.160142,
          16.682537,
          15.952357,
          15.606514
        ]
      },
      {
        "date": "2025-05-30",
        "close": 17.906736,
        "volume": 66140243,
        "typical_volume": 14439723.35,
        "trend": 15.37531,
        "fair_value": 14.69765,
        "relative_strength": 22.170616,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.572185,
        "energy": 76.564951,
        "activity_lines": [
          18.430047,
          17.054008,
          16.186013,
          15.778112
        ]
      },
      {
        "date": "2025-06-06",
        "close": 18.183899,
        "volume": 20986527,
        "typical_volume": 14570220.35,
        "trend": 15.480896,
        "fair_value": 14.728862,
        "relative_strength": 21.931082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.87355,
        "energy": 76.740774,
        "activity_lines": [
          18.580507,
          17.425839,
          16.426363,
          15.959312
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.055216,
        "volume": 21801546,
        "typical_volume": 14874789.85,
        "trend": 15.59968,
        "fair_value": 14.760719,
        "relative_strength": 20.663451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.920062,
        "energy": 71.329934,
        "activity_lines": [
          18.503957,
          17.708582,
          16.6381,
          16.125397
        ]
      },
      {
        "date": "2025-06-20",
        "close": 17.322712,
        "volume": 14059718,
        "typical_volume": 15481370.75,
        "trend": 15.699327,
        "fair_value": 14.787819,
        "relative_strength": 15.748907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.246661,
        "energy": 37.859049,
        "activity_lines": [
          18.083592,
          17.79929,
          16.762494,
          16.23656
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.342279,
        "volume": 12051703,
        "typical_volume": 15785842.85,
        "trend": 15.799634,
        "fair_value": 14.8198,
        "relative_strength": 19.537975,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.828976,
        "energy": 32.192596,
        "activity_lines": [
          17.962828,
          18.016341,
          16.970838,
          16.407073
        ]
      },
      {
        "date": "2025-07-04",
        "close": 18.09481,
        "volume": 17689000,
        "typical_volume": 16257914.25,
        "trend": 15.884763,
        "fair_value": 14.849644,
        "relative_strength": 15.637501,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.773515,
        "energy": 27.480236,
        "activity_lines": [
          18.007042,
          18.119107,
          17.13888,
          16.555149
        ]
      },
      {
        "date": "2025-07-11",
        "close": 18.371973,
        "volume": 12384623,
        "typical_volume": 16389505.85,
        "trend": 15.951084,
        "fair_value": 14.881816,
        "relative_strength": 15.495441,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.611181,
        "energy": 29.299144,
        "activity_lines": [
          18.131105,
          18.211075,
          17.318847,
          16.715614
        ]
      },
      {
        "date": "2025-07-18",
        "close": 18.530001,
        "volume": 11213878,
        "typical_volume": 16271057.25,
        "trend": 16.059628,
        "fair_value": 14.913652,
        "relative_strength": 14.97282,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.895965,
        "energy": 35.811264,
        "activity_lines": [
          18.295306,
          18.278142,
          17.498734,
          16.881996
        ]
      },
      {
        "date": "2025-07-25",
        "close": 21.549999,
        "volume": 51638604,
        "typical_volume": 18068131.85,
        "trend": 16.296225,
        "fair_value": 14.963623,
        "relative_strength": 30.380915,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.252105,
        "energy": 62.236034,
        "activity_lines": [
          19.434521,
          18.858491,
          17.955966,
          17.236213
        ]
      },
      {
        "date": "2025-08-01",
        "close": 19.780001,
        "volume": 30892186,
        "typical_volume": 19082421.15,
        "trend": 16.506817,
        "fair_value": 15.001512,
        "relative_strength": 20.017278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.500516,
        "energy": 57.442859,
        "activity_lines": [
          19.701917,
          19.029184,
          18.216766,
          17.460973
        ]
      },
      {
        "date": "2025-08-08",
        "close": 20.059999,
        "volume": 16586503,
        "typical_volume": 19280388.75,
        "trend": 16.716514,
        "fair_value": 15.046342,
        "relative_strength": 18.472931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.225027,
        "energy": 58.654615,
        "activity_lines": [
          19.966798,
          19.292136,
          18.485461,
          17.690211
        ]
      },
      {
        "date": "2025-08-15",
        "close": 20.040001,
        "volume": 20497171,
        "typical_volume": 19792217.3,
        "trend": 16.892879,
        "fair_value": 15.086454,
        "relative_strength": 15.714651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.047905,
        "energy": 58.260903,
        "activity_lines": [
          20.094,
          19.512302,
          18.728894,
          17.904629
        ]
      },
      {
        "date": "2025-08-22",
        "close": 20.360001,
        "volume": 18138308,
        "typical_volume": 20425922.7,
        "trend": 17.092779,
        "fair_value": 15.126817,
        "relative_strength": 12.964147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.167975,
        "energy": 59.896969,
        "activity_lines": [
          20.216667,
          19.756902,
          18.976759,
          18.128314
        ]
      },
      {
        "date": "2025-08-29",
        "close": 19.07,
        "volume": 17730764,
        "typical_volume": 20703510.8,
        "trend": 17.24308,
        "fair_value": 15.161268,
        "relative_strength": 4.571762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.377515,
        "energy": 44.142743,
        "activity_lines": [
          19.787334,
          19.725052,
          19.075378,
          18.255877
        ]
      },
      {
        "date": "2025-09-05",
        "close": 19.18,
        "volume": 12710101,
        "typical_volume": 21020805.9,
        "trend": 17.388139,
        "fair_value": 15.193633,
        "relative_strength": 6.045352,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.117887,
        "energy": 31.581953,
        "activity_lines": [
          19.56,
          19.681432,
          19.160692,
          18.38084
        ]
      },
      {
        "date": "2025-09-12",
        "close": 19.120001,
        "volume": 9292109,
        "typical_volume": 21231871.35,
        "trend": 17.523608,
        "fair_value": 15.225489,
        "relative_strength": 3.806155,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.559362,
        "energy": 23.515861,
        "activity_lines": [
          19.352667,
          19.611673,
          19.218156,
          18.492573
        ]
      },
      {
        "date": "2025-09-19",
        "close": 18.799999,
        "volume": 8164620,
        "typical_volume": 21252102.0,
        "trend": 17.643792,
        "fair_value": 15.257652,
        "relative_strength": 3.100877,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.475497,
        "energy": 21.252237,
        "activity_lines": [
          19.101333,
          19.465091,
          19.224234,
          18.57492
        ]
      },
      {
        "date": "2025-09-26",
        "close": 18.48,
        "volume": 8537029,
        "typical_volume": 21169020.9,
        "trend": 17.714044,
        "fair_value": 15.284289,
        "relative_strength": 0.816334,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.441574,
        "energy": 17.920926,
        "activity_lines": [
          18.826,
          19.252546,
          19.183752,
          18.628869
        ]
      },
      {
        "date": "2025-10-03",
        "close": 18.52,
        "volume": 2534801,
        "typical_volume": 20750850.9,
        "trend": 17.808066,
        "fair_value": 15.312112,
        "relative_strength": -0.657608,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.25732,
        "energy": 13.209306,
        "activity_lines": [
          18.689333,
          19.048182,
          19.137938,
          18.680867
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18.719999,
        "volume": 4060300,
        "typical_volume": 18855486.7,
        "trend": 17.904136,
        "fair_value": 15.343017,
        "relative_strength": -0.256195,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.059868,
        "energy": 13.896068,
        "activity_lines": [
          18.656,
          18.935273,
          19.102596,
          18.739701
        ]
      },
      {
        "date": "2025-10-17",
        "close": 18.280001,
        "volume": 7333951,
        "typical_volume": 15915172.1,
        "trend": 18.008306,
        "fair_value": 15.375383,
        "relative_strength": -1.372063,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.623083,
        "energy": 11.869968,
        "activity_lines": [
          18.506667,
          18.761636,
          19.041226,
          18.76395
        ]
      },
      {
        "date": "2025-10-24",
        "close": 19.870001,
        "volume": 26586513,
        "typical_volume": 16195171.4,
        "trend": 18.184944,
        "fair_value": 15.418313,
        "relative_strength": 3.91224,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.839689,
        "energy": 14.314095,
        "activity_lines": [
          18.943334,
          18.909455,
          19.129508,
          18.88406
        ]
      },
      {
        "date": "2025-10-31",
        "close": 20.24,
        "volume": 21894024,
        "typical_volume": 16199795.3,
        "trend": 18.365665,
        "fair_value": 15.456604,
        "relative_strength": 5.383204,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.323901,
        "energy": 25.072435,
        "activity_lines": [
          19.432,
          19.127637,
          19.244998,
          19.016644
        ]
      },
      {
        "date": "2025-11-07",
        "close": 20.549999,
        "volume": 17927374,
        "typical_volume": 16393178.1,
        "trend": 18.581467,
        "fair_value": 15.497999,
        "relative_strength": 5.522098,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 59.702053,
        "energy": 47.111688,
        "activity_lines": [
          19.906667,
          19.404364,
          19.379609,
          19.157569
        ]
      },
      {
        "date": "2025-11-14",
        "close": 20.950001,
        "volume": 14119498,
        "typical_volume": 16496567.85,
        "trend": 18.795425,
        "fair_value": 15.546178,
        "relative_strength": 7.385377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.223237,
        "energy": 61.880584,
        "activity_lines": [
          20.379334,
          19.726909,
          19.536947,
          19.310377
        ]
      },
      {
        "date": "2025-11-21",
        "close": 19.24,
        "volume": 11920493,
        "typical_volume": 16208142.5,
        "trend": 18.945783,
        "fair_value": 15.578803,
        "relative_strength": 2.368084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.409177,
        "energy": 49.356728,
        "activity_lines": [
          20.133333,
          19.706364,
          19.51901,
          19.33906
        ]
      },
      {
        "date": "2025-11-28",
        "close": 19.9,
        "volume": 9055568,
        "typical_volume": 16041689.75,
        "trend": 19.095044,
        "fair_value": 15.613177,
        "relative_strength": 4.209622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.751019,
        "energy": 39.836285,
        "activity_lines": [
          20.043333,
          19.803636,
          19.558476,
          19.400622
        ]
      },
      {
        "date": "2025-12-05",
        "close": 19.299999,
        "volume": 8957542,
        "typical_volume": 15928872.95,
        "trend": 19.18636,
        "fair_value": 15.642961,
        "relative_strength": 0.550045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.638176,
        "energy": 16.728162,
        "activity_lines": [
          19.751333,
          19.771818,
          19.533524,
          19.413845
        ]
      },
      {
        "date": "2025-12-12",
        "close": 18.74,
        "volume": 16030817,
        "typical_volume": 14148483.6,
        "trend": 19.253731,
        "fair_value": 15.668348,
        "relative_strength": -2.025093,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.151904,
        "energy": 12.518887,
        "activity_lines": [
          19.335333,
          19.623273,
          19.451571,
          19.385047
        ]
      },
      {
        "date": "2025-12-19",
        "close": 19.700001,
        "volume": 24057792,
        "typical_volume": 13806763.9,
        "trend": 19.175254,
        "fair_value": 15.69505,
        "relative_strength": 2.752243,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.347485,
        "energy": 14.146661,
        "activity_lines": [
          19.36,
          19.645273,
          19.474429,
          19.413839
        ]
      },
      {
        "date": "2025-12-26",
        "close": 19.26,
        "volume": 16122300,
        "typical_volume": 13783553.75,
        "trend": 19.220363,
        "fair_value": 15.718187,
        "relative_strength": -1.632385,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.808405,
        "energy": 13.196843,
        "activity_lines": [
          19.321333,
          19.569455,
          19.455762,
          19.419306
        ]
      },
      {
        "date": "2026-01-02",
        "close": 19.23,
        "volume": 6988600,
        "typical_volume": 13108125.2,
        "trend": 19.255233,
        "fair_value": 15.740635,
        "relative_strength": -2.162149,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.752134,
        "energy": 12.100941,
        "activity_lines": [
          19.271333,
          19.470364,
          19.438048,
          19.419928
        ]
      },
      {
        "date": "2026-01-09",
        "close": 19.25,
        "volume": 12918234,
        "typical_volume": 12847121.5,
        "trend": 19.295059,
        "fair_value": 15.769974,
        "relative_strength": -5.782846,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.391603,
        "energy": 4.808767,
        "activity_lines": [
          19.272667,
          19.386546,
          19.426095,
          19.419591
        ]
      },
      {
        "date": "2026-01-16",
        "close": 19.610001,
        "volume": 11562200,
        "typical_volume": 12538693.3,
        "trend": 19.371302,
        "fair_value": 15.804661,
        "relative_strength": -3.674011,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.621197,
        "energy": 10.407142,
        "activity_lines": [
          19.397334,
          19.386182,
          19.453714,
          19.439909
        ]
      },
      {
        "date": "2026-01-23",
        "close": 20.620001,
        "volume": 11488156,
        "typical_volume": 12477596.05,
        "trend": 19.447226,
        "fair_value": 15.843837,
        "relative_strength": 0.227287,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.165763,
        "energy": 26.331489,
        "activity_lines": [
          19.800667,
          19.586546,
          19.574953,
          19.520471
        ]
      },
      {
        "date": "2026-01-30",
        "close": 21.299999,
        "volume": 19369290,
        "typical_volume": 12981455.1,
        "trend": 19.554066,
        "fair_value": 15.889295,
        "relative_strength": 3.712638,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.007221,
        "energy": 53.108002,
        "activity_lines": [
          20.369333,
          19.916546,
          19.754095,
          19.640004
        ]
      },
      {
        "date": "2026-02-06",
        "close": 21.940001,
        "volume": 18041689,
        "typical_volume": 13475308.55,
        "trend": 19.673,
        "fair_value": 15.934513,
        "relative_strength": 7.8273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.150593,
        "energy": 68.903296,
        "activity_lines": [
          21.015334,
          20.325455,
          19.98381,
          19.793936
        ]
      },
      {
        "date": "2026-02-13",
        "close": 21.83,
        "volume": 16837352,
        "typical_volume": 13890324.7,
        "trend": 19.783,
        "fair_value": 15.975675,
        "relative_strength": 6.505808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.054161,
        "energy": 72.900509,
        "activity_lines": [
          21.444,
          20.677273,
          20.188095,
          19.933097
        ]
      },
      {
        "date": "2026-02-27",
        "close": 22.23,
        "volume": 11380640,
        "typical_volume": 14332616.65,
        "trend": 19.805667,
        "fair_value": 16.017726,
        "relative_strength": 6.009578,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.412743,
        "energy": 78.685996,
        "activity_lines": [
          21.834,
          21.055818,
          20.414524,
          20.090968
        ]
      },
      {
        "date": "2026-03-06",
        "close": 22.200001,
        "volume": 11888298,
        "typical_volume": 14724016.55,
        "trend": 19.886333,
        "fair_value": 16.061198,
        "relative_strength": 6.675221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.130724,
        "energy": 74.009635,
        "activity_lines": [
          22.039334,
          21.365455,
          20.620429,
          20.245441
        ]
      },
      {
        "date": "2026-03-13",
        "close": 22.860001,
        "volume": 12806401,
        "typical_volume": 14997639.05,
        "trend": 19.979667,
        "fair_value": 16.105737,
        "relative_strength": 10.228333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.032056,
        "energy": 73.343155,
        "activity_lines": [
          22.359334,
          21.749637,
          20.872619,
          20.437291
        ]
      },
      {
        "date": "2026-03-20",
        "close": 21.15,
        "volume": 20676700,
        "typical_volume": 14702148.4,
        "trend": 20.016667,
        "fair_value": 16.138631,
        "relative_strength": 5.264521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.519862,
        "energy": 44.783387,
        "activity_lines": [
          22.005334,
          21.757455,
          20.940143,
          20.512796
        ]
      },
      {
        "date": "2026-03-27",
        "close": 22.49,
        "volume": 29182300,
        "typical_volume": 15066562.2,
        "trend": 20.087667,
        "fair_value": 16.185513,
        "relative_strength": 12.642889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.145809,
        "energy": 44.129971,
        "activity_lines": [
          22.150667,
          21.974,
          21.129191,
          20.672366
        ]
      },
      {
        "date": "2026-04-03",
        "close": 20.68,
        "volume": 25618434,
        "typical_volume": 15451115.2,
        "trend": 20.141333,
        "fair_value": 16.222716,
        "relative_strength": 4.08973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.879274,
        "energy": 25.188283,
        "activity_lines": [
          21.648667,
          21.802546,
          21.135143,
          20.710581
        ]
      },
      {
        "date": "2026-04-10",
        "close": 22.360001,
        "volume": 18760508,
        "typical_volume": 15683165.7,
        "trend": 20.247334,
        "fair_value": 16.268827,
        "relative_strength": 9.067917,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.694494,
        "energy": 23.553484,
        "activity_lines": [
          21.81,
          21.917091,
          21.300477,
          20.853721
        ]
      },
      {
        "date": "2026-04-17",
        "close": 22.360001,
        "volume": 16536700,
        "typical_volume": 15913976.05,
        "trend": 20.355334,
        "fair_value": 16.314379,
        "relative_strength": 6.844347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.269606,
        "energy": 25.864804,
        "activity_lines": [
          21.960667,
          22.000001,
          21.459096,
          20.990022
        ]
      },
      {
        "date": "2026-04-24",
        "close": 23.08,
        "volume": 19199746,
        "typical_volume": 16421184.95,
        "trend": 20.498,
        "fair_value": 16.368083,
        "relative_strength": 9.018959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.361441,
        "energy": 32.597349,
        "activity_lines": [
          22.384667,
          22.194546,
          21.671429,
          21.165807
        ]
      },
      {
        "date": "2026-05-01",
        "close": 23.115847,
        "volume": 18960802,
        "typical_volume": 16921347.95,
        "trend": 20.652528,
        "fair_value": 16.424499,
        "relative_strength": 7.871477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.796895,
        "energy": 39.375676,
        "activity_lines": [
          22.691949,
          22.374882,
          21.872033,
          21.3347
        ]
      },
      {
        "date": "2026-05-08",
        "close": 23.807346,
        "volume": 13117449,
        "typical_volume": 16775679.55,
        "trend": 20.828773,
        "fair_value": 16.489442,
        "relative_strength": 8.897727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.026547,
        "energy": 52.401053,
        "activity_lines": [
          23.188008,
          22.657565,
          22.120324,
          21.538237
        ]
      },
      {
        "date": "2026-05-15",
        "close": 22.770096,
        "volume": 16405704,
        "typical_volume": 16393075.15,
        "trend": 20.963777,
        "fair_value": 16.542897,
        "relative_strength": 5.062792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.54109,
        "energy": 46.671586,
        "activity_lines": [
          23.129827,
          22.722979,
          22.245699,
          21.663483
        ]
      },
      {
        "date": "2026-05-22",
        "close": 21.683455,
        "volume": 11842100,
        "typical_volume": 16179065.15,
        "trend": 21.077225,
        "fair_value": 16.586719,
        "relative_strength": 0.482767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.536154,
        "energy": 28.082601,
        "activity_lines": [
          22.682093,
          22.580457,
          22.252965,
          21.709914
        ]
      },
      {
        "date": "2026-05-29",
        "close": 19.846041,
        "volume": 11042135,
        "typical_volume": 16381741.9,
        "trend": 21.076426,
        "fair_value": 16.614543,
        "relative_strength": -6.443971,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.3252,
        "energy": 8.191642,
        "activity_lines": [
          21.66699,
          22.125251,
          22.073698,
          21.630483
        ]
      },
      {
        "date": "2026-06-05",
        "close": 19.480534,
        "volume": 1885300,
        "typical_volume": 15830095.2,
        "trend": 21.051111,
        "fair_value": 16.640334,
        "relative_strength": -7.06025,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -25.99648,
        "energy": 26.804262,
        "activity_lines": [
          20.745649,
          21.627297,
          21.856688,
          21.527522
        ]
      },
      {
        "date": "2026-06-12",
        "close": 18.551949,
        "volume": 2310100,
        "typical_volume": 15367490.2,
        "trend": 20.984509,
        "fair_value": 16.66191,
        "relative_strength": -11.321158,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -34.818818,
        "energy": 44.138017,
        "activity_lines": [
          19.757134,
          21.015227,
          21.550144,
          21.366286
        ]
      },
      {
        "date": "2026-06-19",
        "close": 17.524578,
        "volume": 7726700,
        "typical_volume": 15179417.4,
        "trend": 20.870328,
        "fair_value": 16.677521,
        "relative_strength": -17.113305,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.598527,
        "energy": 65.536826,
        "activity_lines": [
          18.776522,
          20.255055,
          21.150793,
          21.143065
        ]
      },
      {
        "date": "2026-06-26",
        "close": 16.269999,
        "volume": 1764600,
        "typical_volume": 14299182.9,
        "trend": 20.771328,
        "fair_value": 16.680064,
        "relative_strength": -21.513387,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -58.215625,
        "energy": 78.50108,
        "activity_lines": [
          17.727418,
          19.354694,
          20.646698,
          20.846269
        ]
      },
      {
        "date": "2026-07-03",
        "close": 17.4,
        "volume": 2088200,
        "typical_volume": 13501508.45,
        "trend": 20.687995,
        "fair_value": 16.691153,
        "relative_strength": -16.071872,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -68.624166,
        "energy": 84.199591,
        "activity_lines": [
          17.415877,
          18.770515,
          20.274175,
          20.628764
        ]
      },
      {
        "date": "2026-07-10",
        "close": 16.74,
        "volume": 7957971,
        "typical_volume": 13057539.4,
        "trend": 20.602662,
        "fair_value": 16.690877,
        "relative_strength": -17.981525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.130461,
        "energy": 86.5663,
        "activity_lines": [
          17.047407,
          18.169609,
          19.860414,
          20.374055
        ]
      },
      {
        "date": "2026-07-17",
        "close": 16.5,
        "volume": 8726490,
        "typical_volume": 12924831.9,
        "trend": 20.527995,
        "fair_value": 16.677647,
        "relative_strength": -13.898897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.645713,
        "energy": 85.666548,
        "activity_lines": [
          16.781638,
          17.64099,
          19.448034,
          20.109367
        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.16,
        "volume": 9779415,
        "typical_volume": 12819387.75,
        "trend": 20.376662,
        "fair_value": 16.663892,
        "relative_strength": -21.553532,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.60385,
        "energy": 85.827598,
        "activity_lines": [
          16.206,
          17.001597,
          18.93532,
          19.763045
        ]
      },
      {
        "date": "2026-07-31",
        "close": 16.879999,
        "volume": 11199304,
        "typical_volume": 12739032.9,
        "trend": 20.297328,
        "fair_value": 16.664413,
        "relative_strength": -12.536511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.901541,
        "energy": 64.518404,
        "activity_lines": [
          16.361333,
          16.813296,
          18.61994,
          19.537453
        ]
      },
      {
        "date": "2026-08-07",
        "close": 17.459999,
        "volume": 8579289,
        "typical_volume": 12134162.35,
        "trend": 20.238328,
        "fair_value": 16.670464,
        "relative_strength": -11.626327,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.826511,
        "energy": 54.673072,
        "activity_lines": [
          16.669333,
          16.817784,
          18.388274,
          19.3544
        ]
      }
    ],
    "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."
    }
  }
}