{
  "ticker": {
    "uuid": "1e2c4a3f-bf9a-482a-98ae-bd0e775ead58",
    "symbol": "300747",
    "name": "Wuhan Raycus Fiber Laser Technologies Co., Ltd.",
    "exchange": "SHZ",
    "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": "399001.SZ",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 85.364,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "mixed",
    "architecture_direction": -20.628,
    "architecture_energy": 35.337,
    "architecture_maturity": 50.357,
    "architecture_confidence": 47.343,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 43.29,
        "rotation_up": 14.05,
        "upward_expansion": 16.85,
        "deceleration": 71.96,
        "rotation_down": 64.93,
        "downward_expansion": 41.85
      },
      "activity_lines": [
        34.057332,
        38.650545,
        39.847692,
        38.237289
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 36.099998,
    "trend_reference": 36.274603,
    "distance_from_trend": -0.004813,
    "trend_direction": "Improving",
    "fair_value": 24.520964,
    "distance_from_fair_value": 0.47221,
    "fair_value_direction": "Weakening",
    "relative_strength": 9.696085,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.183236,
    "excess_performance": 0.175837,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.004813,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.18127,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.47221,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.133657,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.096961,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.02687,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.183236,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.968796,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 105484926,
      "relative_activity": 0.923559,
      "balance": 1.968796,
      "dry_up": 1.006173,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.18041,
      "annualized_volatility": 0.652237,
      "from_high_reference": -0.382695,
      "from_low_reference": 0.536599
    },
    "levels": {
      "trend_reference": 36.274603,
      "fair_value_reference": 24.520964,
      "structural_low": 25.985487,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": -0.003084,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.007746,
        "regime_survival": 0.666667,
        "best_return": 0.20603,
        "worst_return": -0.105848,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.036623,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.006727,
        "regime_survival": 0.0,
        "best_return": 0.441671,
        "worst_return": -0.021743,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.071882,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.096566,
        "regime_survival": 0.5,
        "best_return": 0.151926,
        "worst_return": -0.008162,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.250803,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.016589,
        "regime_survival": 0.0,
        "best_return": 0.250803,
        "worst_return": 0.250803,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-29",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.00481,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-20",
        "end": "2025-03-14",
        "tenure": "Established",
        "return": 0.003478,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.005454,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-04-25",
        "tenure": "New",
        "return": -0.043243,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-02",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.173206,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.079943,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-04",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.178627,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.089437,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-28",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.035772,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-26",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.005206,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-09",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": -0.05721,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-06",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.101763,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": -0.128345,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.087677,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 28.562885,
        "volume": 43124360,
        "typical_volume": 50161335.1,
        "trend": 27.215331,
        "fair_value": 35.89362,
        "relative_strength": 7.845082,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 32.671678,
        "energy": 15.025152,
        "activity_lines": [
          28.653624,
          28.940646,
          28.39559,
          27.979242
        ]
      },
      {
        "date": "2023-08-04",
        "close": 28.62221,
        "volume": 33622293,
        "typical_volume": 50793320.3,
        "trend": 27.392629,
        "fair_value": 35.856832,
        "relative_strength": 6.544171,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.260792,
        "energy": 14.963574,
        "activity_lines": [
          28.539489,
          28.865095,
          28.468429,
          28.070009
        ]
      },
      {
        "date": "2023-08-11",
        "close": 26.625078,
        "volume": 44750830,
        "typical_volume": 51869501.4,
        "trend": 27.5004,
        "fair_value": 35.817271,
        "relative_strength": 2.987715,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.909399,
        "energy": 12.572386,
        "activity_lines": [
          27.853706,
          28.443483,
          28.34197,
          28.020489
        ]
      },
      {
        "date": "2023-08-18",
        "close": 25.982439,
        "volume": 25985464,
        "typical_volume": 51774181.75,
        "trend": 27.590362,
        "fair_value": 35.755749,
        "relative_strength": 3.96917,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.224613,
        "energy": 22.553528,
        "activity_lines": [
          27.13099,
          27.951944,
          28.16059,
          27.922556
        ]
      },
      {
        "date": "2023-08-25",
        "close": 25.320024,
        "volume": 21776778,
        "typical_volume": 51393473.3,
        "trend": 27.617188,
        "fair_value": 35.687978,
        "relative_strength": 4.48175,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.023439,
        "energy": 42.452845,
        "activity_lines": [
          26.414161,
          27.35539,
          27.914297,
          27.776083
        ]
      },
      {
        "date": "2023-09-01",
        "close": 25.715494,
        "volume": 36680932,
        "typical_volume": 51432740.45,
        "trend": 27.564246,
        "fair_value": 35.618274,
        "relative_strength": 2.8906,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.774667,
        "energy": 47.292922,
        "activity_lines": [
          25.978483,
          26.923779,
          27.717788,
          27.653393
        ]
      },
      {
        "date": "2023-09-08",
        "close": 25.952776,
        "volume": 36898398,
        "typical_volume": 51119203.25,
        "trend": 27.500164,
        "fair_value": 35.558275,
        "relative_strength": 5.691039,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.319341,
        "energy": 47.703484,
        "activity_lines": [
          25.811726,
          26.604496,
          27.552145,
          27.549427
        ]
      },
      {
        "date": "2023-09-15",
        "close": 25.112402,
        "volume": 23401294,
        "typical_volume": 48717701.4,
        "trend": 27.453723,
        "fair_value": 35.491918,
        "relative_strength": 3.47593,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.752054,
        "energy": 64.6582,
        "activity_lines": [
          25.542806,
          26.206606,
          27.299433,
          27.395378
        ]
      },
      {
        "date": "2023-09-22",
        "close": 24.677383,
        "volume": 24386675,
        "typical_volume": 49111979.6,
        "trend": 27.373074,
        "fair_value": 35.41336,
        "relative_strength": 1.094521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.040209,
        "energy": 61.184041,
        "activity_lines": [
          25.229724,
          25.805475,
          27.00728,
          27.216259
        ]
      },
      {
        "date": "2023-09-29",
        "close": 25.102514,
        "volume": 16780675,
        "typical_volume": 46545314.05,
        "trend": 27.254702,
        "fair_value": 35.351856,
        "relative_strength": 3.280799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.646515,
        "energy": 57.573587,
        "activity_lines": [
          25.145357,
          25.567193,
          26.760099,
          27.069772
        ]
      },
      {
        "date": "2023-10-13",
        "close": 25.35957,
        "volume": 20222300,
        "typical_volume": 44179092.15,
        "trend": 27.187269,
        "fair_value": 35.288831,
        "relative_strength": 4.446159,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.699315,
        "energy": 55.845353,
        "activity_lines": [
          25.161176,
          25.420329,
          26.545488,
          26.947505
        ]
      },
      {
        "date": "2023-10-20",
        "close": 23.945763,
        "volume": 17344629,
        "typical_volume": 41426149.95,
        "trend": 27.095043,
        "fair_value": 35.244916,
        "relative_strength": 3.370761,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.749345,
        "energy": 61.21993,
        "activity_lines": [
          24.729454,
          25.074652,
          26.212479,
          26.738376
        ]
      },
      {
        "date": "2023-10-27",
        "close": 24.04463,
        "volume": 35310869,
        "typical_volume": 39726010.3,
        "trend": 26.965056,
        "fair_value": 35.197916,
        "relative_strength": 1.407559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.834701,
        "energy": 58.825293,
        "activity_lines": [
          24.464488,
          24.831976,
          25.91562,
          26.541575
        ]
      },
      {
        "date": "2023-11-03",
        "close": 24.143497,
        "volume": 31187785,
        "typical_volume": 38641893.4,
        "trend": 26.916536,
        "fair_value": 35.148929,
        "relative_strength": 0.876081,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.110746,
        "energy": 56.474062,
        "activity_lines": [
          24.303663,
          24.654194,
          25.652753,
          26.359539
        ]
      },
      {
        "date": "2023-11-10",
        "close": 24.726816,
        "volume": 24327445,
        "typical_volume": 35507627.3,
        "trend": 26.811916,
        "fair_value": 35.098506,
        "relative_strength": 2.151493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.543429,
        "energy": 48.808921,
        "activity_lines": [
          24.37287,
          24.615905,
          25.458237,
          26.218267
        ]
      },
      {
        "date": "2023-11-17",
        "close": 25.112402,
        "volume": 22545394,
        "typical_volume": 34153523.6,
        "trend": 26.733944,
        "fair_value": 35.034219,
        "relative_strength": 3.828862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.649015,
        "energy": 39.324173,
        "activity_lines": [
          24.595653,
          24.658508,
          25.327635,
          26.10862
        ]
      },
      {
        "date": "2023-11-24",
        "close": 25.043192,
        "volume": 39612440,
        "typical_volume": 33051074.15,
        "trend": 26.752856,
        "fair_value": 34.952474,
        "relative_strength": 5.079375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.64818,
        "energy": 28.35415,
        "activity_lines": [
          24.811843,
          24.699493,
          25.211434,
          25.99954
        ]
      },
      {
        "date": "2023-12-01",
        "close": 24.667498,
        "volume": 19692239,
        "typical_volume": 31005609.85,
        "trend": 26.724102,
        "fair_value": 34.857162,
        "relative_strength": 4.823506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.569083,
        "energy": 24.062936,
        "activity_lines": [
          24.82964,
          24.688708,
          25.083214,
          25.865
        ]
      },
      {
        "date": "2023-12-08",
        "close": 24.064405,
        "volume": 17937504,
        "typical_volume": 29086672.6,
        "trend": 26.672288,
        "fair_value": 34.724666,
        "relative_strength": 4.094175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.746459,
        "energy": 30.012101,
        "activity_lines": [
          24.604881,
          24.576359,
          24.919541,
          25.693407
        ]
      },
      {
        "date": "2023-12-15",
        "close": 23.876556,
        "volume": 15064662,
        "typical_volume": 27532648.3,
        "trend": 26.574799,
        "fair_value": 34.591807,
        "relative_strength": 5.054145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.817086,
        "energy": 39.234879,
        "activity_lines": [
          24.322779,
          24.441,
          24.763304,
          25.513037
        ]
      },
      {
        "date": "2023-12-22",
        "close": 23.144936,
        "volume": 17063777,
        "typical_volume": 26229619.15,
        "trend": 26.387233,
        "fair_value": 34.479133,
        "relative_strength": 3.398993,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.383943,
        "energy": 59.025785,
        "activity_lines": [
          23.853487,
          24.19491,
          24.554929,
          25.291756
        ]
      },
      {
        "date": "2023-12-29",
        "close": 23.263577,
        "volume": 19876971,
        "typical_volume": 25542353.05,
        "trend": 26.177346,
        "fair_value": 34.372298,
        "relative_strength": 0.392616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.38569,
        "energy": 66.667398,
        "activity_lines": [
          23.554907,
          24.010656,
          24.383653,
          25.09023
        ]
      },
      {
        "date": "2024-01-05",
        "close": 21.375202,
        "volume": 20540528,
        "typical_volume": 24331837.95,
        "trend": 25.916338,
        "fair_value": 34.268334,
        "relative_strength": -3.720943,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.353935,
        "energy": 82.306208,
        "activity_lines": [
          22.74551,
          23.495466,
          24.058048,
          24.780414
        ]
      },
      {
        "date": "2024-01-12",
        "close": 20.999504,
        "volume": 19184145,
        "typical_volume": 23991772.0,
        "trend": 25.721961,
        "fair_value": 34.151449,
        "relative_strength": -4.314952,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.214414,
        "energy": 86.984938,
        "activity_lines": [
          22.030366,
          22.960501,
          23.721663,
          24.463199
        ]
      },
      {
        "date": "2024-01-19",
        "close": 21.394974,
        "volume": 43621945,
        "typical_volume": 25084030.35,
        "trend": 25.420556,
        "fair_value": 34.033574,
        "relative_strength": -0.487387,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.509124,
        "energy": 83.58513,
        "activity_lines": [
          21.651372,
          22.554604,
          23.446669,
          24.184038
        ]
      },
      {
        "date": "2024-01-26",
        "close": 20.831429,
        "volume": 39211959,
        "typical_volume": 25210581.7,
        "trend": 25.130911,
        "fair_value": 33.882909,
        "relative_strength": -3.117728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.90503,
        "energy": 85.962827,
        "activity_lines": [
          21.249969,
          22.106823,
          23.136695,
          23.887966
        ]
      },
      {
        "date": "2024-02-02",
        "close": 17.361172,
        "volume": 43031719,
        "typical_volume": 25517247.75,
        "trend": 24.708512,
        "fair_value": 33.7067,
        "relative_strength": -12.250142,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.821845,
        "energy": 95.076717,
        "activity_lines": [
          19.846047,
          21.105922,
          22.519478,
          23.386692
        ]
      },
      {
        "date": "2024-02-09",
        "close": 19.348413,
        "volume": 47165184,
        "typical_volume": 26705442.25,
        "trend": 24.377317,
        "fair_value": 33.526183,
        "relative_strength": -10.635518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.791635,
        "energy": 69.047655,
        "activity_lines": [
          19.498033,
          20.606011,
          22.132434,
          23.040879
        ]
      },
      {
        "date": "2024-02-23",
        "close": 20.070147,
        "volume": 37751404,
        "typical_volume": 27373678.7,
        "trend": 24.066894,
        "fair_value": 33.330754,
        "relative_strength": -9.764289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.859053,
        "energy": 59.845974,
        "activity_lines": [
          19.525716,
          20.334034,
          21.841575,
          22.762997
        ]
      },
      {
        "date": "2024-03-01",
        "close": 21.118147,
        "volume": 56714689,
        "typical_volume": 29370379.4,
        "trend": 23.852168,
        "fair_value": 33.168859,
        "relative_strength": -8.711782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.650662,
        "energy": 53.080002,
        "activity_lines": [
          19.964689,
          20.325226,
          21.672464,
          22.572756
        ]
      },
      {
        "date": "2024-03-08",
        "close": 20.851202,
        "volume": 38918558,
        "typical_volume": 30305192.3,
        "trend": 23.595112,
        "fair_value": 33.017869,
        "relative_strength": -9.181478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.909352,
        "energy": 35.733329,
        "activity_lines": [
          20.333136,
          20.318036,
          21.496903,
          22.379145
        ]
      },
      {
        "date": "2024-03-15",
        "close": 21.454298,
        "volume": 56925425,
        "typical_volume": 32284232.1,
        "trend": 23.356181,
        "fair_value": 32.84616,
        "relative_strength": -8.790689,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.574882,
        "energy": 23.596619,
        "activity_lines": [
          20.901296,
          20.462203,
          21.400248,
          22.241028
        ]
      },
      {
        "date": "2024-03-22",
        "close": 20.841314,
        "volume": 45915315,
        "typical_volume": 32814454.4,
        "trend": 23.163389,
        "fair_value": 32.6822,
        "relative_strength": -10.809385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.443191,
        "energy": 21.43502,
        "activity_lines": [
          20.992254,
          20.527815,
          21.257078,
          22.078778
        ]
      },
      {
        "date": "2024-03-29",
        "close": 19.63513,
        "volume": 31863238,
        "typical_volume": 32848227.05,
        "trend": 22.951812,
        "fair_value": 32.551361,
        "relative_strength": -14.310209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.846554,
        "energy": 25.97584,
        "activity_lines": [
          20.581623,
          20.383828,
          21.014288,
          21.851149
        ]
      },
      {
        "date": "2024-04-05",
        "close": 20.040487,
        "volume": 18134934,
        "typical_volume": 32538601.5,
        "trend": 22.775828,
        "fair_value": 32.414387,
        "relative_strength": -13.654009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.864471,
        "energy": 30.171154,
        "activity_lines": [
          20.335113,
          20.338349,
          20.83157,
          21.663321
        ]
      },
      {
        "date": "2024-04-12",
        "close": 19.348413,
        "volume": 21735800,
        "typical_volume": 32498121.8,
        "trend": 22.563592,
        "fair_value": 32.289992,
        "relative_strength": -13.717435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.38699,
        "energy": 40.009297,
        "activity_lines": [
          19.929755,
          20.191665,
          20.605258,
          21.442198
        ]
      },
      {
        "date": "2024-04-19",
        "close": 19.496714,
        "volume": 34467212,
        "typical_volume": 32240860.4,
        "trend": 22.34839,
        "fair_value": 32.166094,
        "relative_strength": -13.38027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.894939,
        "energy": 40.906047,
        "activity_lines": [
          19.674017,
          20.098909,
          20.420516,
          21.244335
        ]
      },
      {
        "date": "2024-04-26",
        "close": 20.564486,
        "volume": 37253775,
        "typical_volume": 33118937.2,
        "trend": 22.196792,
        "fair_value": 32.033806,
        "relative_strength": -10.307934,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.875428,
        "energy": 32.616618,
        "activity_lines": [
          19.904709,
          20.161465,
          20.363879,
          21.129244
        ]
      },
      {
        "date": "2024-05-03",
        "close": 21.414747,
        "volume": 27441965,
        "typical_volume": 33594160.25,
        "trend": 22.088038,
        "fair_value": 31.907453,
        "relative_strength": -7.870183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.697216,
        "energy": 18.270546,
        "activity_lines": [
          20.437276,
          20.356504,
          20.407757,
          21.07879
        ]
      },
      {
        "date": "2024-05-10",
        "close": 20.495279,
        "volume": 42857186,
        "typical_volume": 34983786.45,
        "trend": 21.934463,
        "fair_value": 31.778473,
        "relative_strength": -13.031404,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.993385,
        "energy": 15.0458,
        "activity_lines": [
          20.544712,
          20.359919,
          20.376684,
          20.976031
        ]
      },
      {
        "date": "2024-05-17",
        "close": 20.277771,
        "volume": 29200522,
        "typical_volume": 35590623.7,
        "trend": 21.76507,
        "fair_value": 31.645123,
        "relative_strength": -13.621857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.144448,
        "energy": 18.24039,
        "activity_lines": [
          20.549327,
          20.335113,
          20.340998,
          20.869148
        ]
      },
      {
        "date": "2024-05-24",
        "close": 18.883736,
        "volume": 45160472,
        "typical_volume": 36854798.75,
        "trend": 21.596336,
        "fair_value": 31.484431,
        "relative_strength": -16.843513,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.153978,
        "energy": 29.743487,
        "activity_lines": [
          20.027305,
          20.067272,
          20.186199,
          20.683255
        ]
      },
      {
        "date": "2024-05-31",
        "close": 19.071583,
        "volume": 25060002,
        "typical_volume": 37080772.45,
        "trend": 21.430568,
        "fair_value": 31.313784,
        "relative_strength": -15.098657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.415361,
        "energy": 51.790838,
        "activity_lines": [
          19.608765,
          19.880322,
          20.070148,
          20.520368
        ]
      },
      {
        "date": "2024-06-07",
        "close": 18.290529,
        "volume": 29362632,
        "typical_volume": 37589696.8,
        "trend": 21.235469,
        "fair_value": 31.125256,
        "relative_strength": -17.132203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.896745,
        "energy": 68.444665,
        "activity_lines": [
          19.0294,
          19.583539,
          19.890679,
          20.317785
        ]
      },
      {
        "date": "2024-06-14",
        "close": 18.72555,
        "volume": 22359684,
        "typical_volume": 36526583.75,
        "trend": 21.035426,
        "fair_value": 30.954656,
        "relative_strength": -14.69533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.235294,
        "energy": 68.544598,
        "activity_lines": [
          18.803324,
          19.390298,
          19.765541,
          20.155855
        ]
      },
      {
        "date": "2024-06-21",
        "close": 18.033472,
        "volume": 30550866,
        "typical_volume": 36093529.1,
        "trend": 20.799462,
        "fair_value": 30.748824,
        "relative_strength": -15.810962,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.617567,
        "energy": 71.903617,
        "activity_lines": [
          18.464537,
          19.095133,
          19.587203,
          19.96218
        ]
      },
      {
        "date": "2024-06-28",
        "close": 17.549021,
        "volume": 29067678,
        "typical_volume": 35395327.05,
        "trend": 20.549656,
        "fair_value": 30.525137,
        "relative_strength": -15.584526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.933176,
        "energy": 75.610331,
        "activity_lines": [
          18.113886,
          18.735793,
          19.376049,
          19.752474
        ]
      },
      {
        "date": "2024-07-05",
        "close": 16.619665,
        "volume": 22026116,
        "typical_volume": 34138373.65,
        "trend": 20.281395,
        "fair_value": 30.320043,
        "relative_strength": -18.138899,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.22197,
        "energy": 79.150717,
        "activity_lines": [
          17.54243,
          18.242893,
          19.075492,
          19.498926
        ]
      },
      {
        "date": "2024-07-12",
        "close": 17.133778,
        "volume": 25460247,
        "typical_volume": 33523815.8,
        "trend": 20.050374,
        "fair_value": 30.115852,
        "relative_strength": -16.575795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.770701,
        "energy": 74.482155,
        "activity_lines": [
          17.305807,
          17.915192,
          18.836891,
          19.295854
        ]
      },
      {
        "date": "2024-07-19",
        "close": 16.997269,
        "volume": 20869604,
        "typical_volume": 31731561.55,
        "trend": 19.821065,
        "fair_value": 29.902149,
        "relative_strength": -17.161413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.785711,
        "energy": 74.262914,
        "activity_lines": [
          17.100798,
          17.640506,
          18.599272,
          19.09888
        ]
      },
      {
        "date": "2024-07-26",
        "close": 16.150888,
        "volume": 30574589,
        "typical_volume": 31314363.1,
        "trend": 19.58793,
        "fair_value": 29.664065,
        "relative_strength": -17.954822,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.859625,
        "energy": 80.523783,
        "activity_lines": [
          16.72888,
          17.275534,
          18.300669,
          18.862094
        ]
      },
      {
        "date": "2024-08-02",
        "close": 16.469528,
        "volume": 28247572,
        "typical_volume": 29880470.45,
        "trend": 19.361462,
        "fair_value": 29.420131,
        "relative_strength": -15.466494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.858355,
        "energy": 66.794219,
        "activity_lines": [
          16.588681,
          17.04353,
          18.054795,
          18.660907
        ]
      },
      {
        "date": "2024-08-09",
        "close": 16.270378,
        "volume": 36288941,
        "typical_volume": 29399151.75,
        "trend": 19.191301,
        "fair_value": 29.186242,
        "relative_strength": -14.439768,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.859626,
        "energy": 63.949382,
        "activity_lines": [
          16.454065,
          16.819212,
          17.813691,
          18.461482
        ]
      },
      {
        "date": "2024-08-16",
        "close": 15.812339,
        "volume": 26544865,
        "typical_volume": 29133233.1,
        "trend": 19.018395,
        "fair_value": 28.959606,
        "relative_strength": -15.945927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.216271,
        "energy": 67.230387,
        "activity_lines": [
          16.190056,
          16.562545,
          17.550731,
          18.243485
        ]
      },
      {
        "date": "2024-08-23",
        "close": 15.165108,
        "volume": 21801216,
        "typical_volume": 29316547.2,
        "trend": 18.810733,
        "fair_value": 28.678393,
        "relative_strength": -17.301243,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.729656,
        "energy": 70.945466,
        "activity_lines": [
          15.798398,
          16.233257,
          17.244333,
          17.994885
        ]
      },
      {
        "date": "2024-08-30",
        "close": 14.537792,
        "volume": 46573347,
        "typical_volume": 30558424.55,
        "trend": 18.600945,
        "fair_value": 28.429322,
        "relative_strength": -21.805328,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.977099,
        "energy": 77.792206,
        "activity_lines": [
          15.31978,
          15.854648,
          16.901408,
          17.719212
        ]
      },
      {
        "date": "2024-09-06",
        "close": 13.960264,
        "volume": 22871560,
        "typical_volume": 29978641.95,
        "trend": 18.487582,
        "fair_value": 28.182241,
        "relative_strength": -22.376647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.420619,
        "energy": 88.523007,
        "activity_lines": [
          14.756191,
          15.434591,
          16.526387,
          17.419813
        ]
      },
      {
        "date": "2024-09-13",
        "close": 13.671499,
        "volume": 17762040,
        "typical_volume": 29004055.2,
        "trend": 18.298351,
        "fair_value": 27.911309,
        "relative_strength": -22.075658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.946013,
        "energy": 89.985649,
        "activity_lines": [
          14.263632,
          15.027281,
          16.150229,
          17.109098
        ]
      },
      {
        "date": "2024-09-20",
        "close": 13.790988,
        "volume": 13840494,
        "typical_volume": 28323981.65,
        "trend": 18.089046,
        "fair_value": 27.681664,
        "relative_strength": -21.727037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.365401,
        "energy": 87.06689,
        "activity_lines": [
          13.984161,
          14.6953,
          15.818274,
          16.8183
        ]
      },
      {
        "date": "2024-09-27",
        "close": 16.210634,
        "volume": 45312942,
        "typical_volume": 28446769.45,
        "trend": 17.925462,
        "fair_value": 27.474574,
        "relative_strength": -21.380885,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.690508,
        "energy": 56.955797,
        "activity_lines": [
          14.645996,
          14.864033,
          15.753066,
          16.697113
        ]
      },
      {
        "date": "2024-10-04",
        "close": 18.630281,
        "volume": 28430957,
        "typical_volume": 28408291.2,
        "trend": 17.851431,
        "fair_value": 27.298106,
        "relative_strength": -17.877217,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.172476,
        "energy": 13.710315,
        "activity_lines": [
          16.044678,
          15.487003,
          15.938703,
          16.742585
        ]
      },
      {
        "date": "2024-10-11",
        "close": 17.305948,
        "volume": 107790793,
        "typical_volume": 31539807.25,
        "trend": 17.713153,
        "fair_value": 27.108775,
        "relative_strength": -19.611166,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.975794,
        "energy": 22.164221,
        "activity_lines": [
          16.729083,
          15.824107,
          16.006059,
          16.707392
        ]
      },
      {
        "date": "2024-10-18",
        "close": 18.092583,
        "volume": 66855204,
        "typical_volume": 33629567.35,
        "trend": 17.621529,
        "fair_value": 26.94776,
        "relative_strength": -17.796181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 5.959008,
        "energy": 27.783523,
        "activity_lines": [
          17.452654,
          16.289027,
          16.155845,
          16.731872
        ]
      },
      {
        "date": "2024-10-25",
        "close": 18.909088,
        "volume": 72023654,
        "typical_volume": 35762618.45,
        "trend": 17.597327,
        "fair_value": 26.784303,
        "relative_strength": -15.656559,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.220061,
        "energy": 41.702885,
        "activity_lines": [
          18.153654,
          16.869271,
          16.388056,
          16.81494
        ]
      },
      {
        "date": "2024-11-01",
        "close": 22.095453,
        "volume": 229090101,
        "typical_volume": 46099139.3,
        "trend": 17.665826,
        "fair_value": 26.644574,
        "relative_strength": 0.423291,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 51.695967,
        "energy": 64.760534,
        "activity_lines": [
          19.57557,
          17.97255,
          16.920784,
          17.105142
        ]
      },
      {
        "date": "2024-11-08",
        "close": 23.190767,
        "volume": 217371963,
        "typical_volume": 55440194.15,
        "trend": 17.793905,
        "fair_value": 26.510507,
        "relative_strength": -0.930092,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 60.10209,
        "energy": 76.192286,
        "activity_lines": [
          20.970268,
          19.148971,
          17.541781,
          17.461589
        ]
      },
      {
        "date": "2024-11-15",
        "close": 21.448223,
        "volume": 116411132,
        "typical_volume": 59807366.85,
        "trend": 17.858955,
        "fair_value": 26.358759,
        "relative_strength": -4.433052,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.780698,
        "energy": 67.829927,
        "activity_lines": [
          21.480087,
          19.851238,
          17.972263,
          17.697352
        ]
      },
      {
        "date": "2024-11-22",
        "close": 20.233421,
        "volume": 83322384,
        "typical_volume": 62872180.25,
        "trend": 17.847919,
        "fair_value": 26.198494,
        "relative_strength": -6.669476,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 63.694325,
        "energy": 67.806813,
        "activity_lines": [
          21.308819,
          20.196488,
          18.268482,
          17.850543
        ]
      },
      {
        "date": "2024-11-29",
        "close": 20.70142,
        "volume": 51528355,
        "typical_volume": 64175585.65,
        "trend": 17.824142,
        "fair_value": 26.035351,
        "relative_strength": -5.547651,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.407537,
        "energy": 49.548982,
        "activity_lines": [
          21.150829,
          20.507521,
          18.592064,
          18.03464
        ]
      },
      {
        "date": "2024-12-06",
        "close": 21.169416,
        "volume": 51156295,
        "typical_volume": 65689920.2,
        "trend": 17.846613,
        "fair_value": 25.88371,
        "relative_strength": -4.507961,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.456557,
        "energy": 41.564838,
        "activity_lines": [
          21.029349,
          20.778,
          18.943228,
          18.250464
        ]
      },
      {
        "date": "2024-12-13",
        "close": 20.601847,
        "volume": 58172031,
        "typical_volume": 67069792.3,
        "trend": 17.857416,
        "fair_value": 25.738489,
        "relative_strength": -5.86424,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.763735,
        "energy": 30.65341,
        "activity_lines": [
          20.780415,
          20.855125,
          19.22047,
          18.428221
        ]
      },
      {
        "date": "2024-12-20",
        "close": 20.562016,
        "volume": 39027148,
        "typical_volume": 67608771.1,
        "trend": 17.913358,
        "fair_value": 25.559001,
        "relative_strength": -4.911375,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.25461,
        "energy": 28.464815,
        "activity_lines": [
          20.690798,
          20.889161,
          19.472724,
          18.602712
        ]
      },
      {
        "date": "2024-12-27",
        "close": 19.904825,
        "volume": 28554724,
        "typical_volume": 67222060.25,
        "trend": 17.941133,
        "fair_value": 25.378848,
        "relative_strength": -7.503047,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.199487,
        "energy": 25.101774,
        "activity_lines": [
          20.441199,
          20.744507,
          19.642901,
          18.731193
        ]
      },
      {
        "date": "2025-01-03",
        "close": 17.724157,
        "volume": 31208685,
        "typical_volume": 67455251.25,
        "trend": 17.922254,
        "fair_value": 25.180877,
        "relative_strength": -10.733921,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.607619,
        "energy": 15.864657,
        "activity_lines": [
          19.486616,
          20.170418,
          19.588087,
          18.717195
        ]
      },
      {
        "date": "2025-01-10",
        "close": 17.534967,
        "volume": 29678873,
        "typical_volume": 67849134.1,
        "trend": 17.882568,
        "fair_value": 24.988739,
        "relative_strength": -10.297659,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.581983,
        "energy": 16.841791,
        "activity_lines": [
          18.667454,
          19.583475,
          19.506152,
          18.692209
        ]
      },
      {
        "date": "2025-01-17",
        "close": 18.470963,
        "volume": 29104624,
        "typical_volume": 66975697.95,
        "trend": 17.897151,
        "fair_value": 24.811104,
        "relative_strength": -8.451473,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.670896,
        "energy": 19.830097,
        "activity_lines": [
          18.402588,
          19.249631,
          19.502074,
          18.73017
        ]
      },
      {
        "date": "2025-01-24",
        "close": 18.680067,
        "volume": 26834097,
        "typical_volume": 67173824.8,
        "trend": 17.934852,
        "fair_value": 24.649045,
        "relative_strength": -8.045001,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.046714,
        "energy": 20.088523,
        "activity_lines": [
          18.349482,
          19.03962,
          19.499182,
          18.78068
        ]
      },
      {
        "date": "2025-01-31",
        "close": 18.122456,
        "volume": 6195971,
        "typical_volume": 66595521.35,
        "trend": 17.984945,
        "fair_value": 24.478018,
        "relative_strength": -9.064082,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 0.727787,
        "energy": 22.424075,
        "activity_lines": [
          18.235969,
          18.778556,
          19.420708,
          18.792784
        ]
      },
      {
        "date": "2025-02-07",
        "close": 19.247639,
        "volume": 23500810,
        "typical_volume": 67078537.15,
        "trend": 18.055407,
        "fair_value": 24.327614,
        "relative_strength": -6.947273,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 6.200689,
        "energy": 17.798397,
        "activity_lines": [
          18.616341,
          18.760451,
          19.4282,
          18.874248
        ]
      },
      {
        "date": "2025-02-14",
        "close": 19.396999,
        "volume": 39259422,
        "typical_volume": 66775861.15,
        "trend": 18.135398,
        "fair_value": 24.187787,
        "relative_strength": -7.384076,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.387039,
        "energy": 13.279339,
        "activity_lines": [
          18.944934,
          18.795936,
          19.423933,
          18.960802
        ]
      },
      {
        "date": "2025-02-21",
        "close": 19.934698,
        "volume": 47888325,
        "typical_volume": 67748729.55,
        "trend": 18.261525,
        "fair_value": 24.051456,
        "relative_strength": -6.543277,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.183821,
        "energy": 24.332134,
        "activity_lines": [
          19.328625,
          18.961409,
          19.455701,
          19.076886
        ]
      },
      {
        "date": "2025-02-28",
        "close": 19.516487,
        "volume": 58739108,
        "typical_volume": 65296145.3,
        "trend": 18.363091,
        "fair_value": 23.932802,
        "relative_strength": -4.849903,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.33737,
        "energy": 26.898679,
        "activity_lines": [
          19.475331,
          19.062974,
          19.441429,
          19.157851
        ]
      },
      {
        "date": "2025-03-07",
        "close": 20.532145,
        "volume": 49323496,
        "typical_volume": 64419559.9,
        "trend": 18.50515,
        "fair_value": 23.829745,
        "relative_strength": -1.719682,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.899336,
        "energy": 36.45266,
        "activity_lines": [
          19.904827,
          19.368214,
          19.513359,
          19.29779
        ]
      },
      {
        "date": "2025-03-14",
        "close": 20.63353,
        "volume": 68153778,
        "typical_volume": 64226066.1,
        "trend": 18.665856,
        "fair_value": 23.722867,
        "relative_strength": -2.100687,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.242025,
        "energy": 48.321265,
        "activity_lines": [
          20.207472,
          19.680482,
          19.583329,
          19.435105
        ]
      },
      {
        "date": "2025-03-21",
        "close": 20.114946,
        "volume": 39715263,
        "typical_volume": 54757324.2,
        "trend": 18.830851,
        "fair_value": 23.609361,
        "relative_strength": -1.672599,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.792599,
        "energy": 46.158638,
        "activity_lines": [
          20.244864,
          19.845564,
          19.595697,
          19.528595
        ]
      },
      {
        "date": "2025-03-28",
        "close": 20.104975,
        "volume": 57308027,
        "typical_volume": 46754127.4,
        "trend": 19.016423,
        "fair_value": 23.505168,
        "relative_strength": -0.785441,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.107852,
        "energy": 42.441738,
        "activity_lines": [
          20.231068,
          19.961924,
          19.616547,
          19.610796
        ]
      },
      {
        "date": "2025-04-04",
        "close": 20.005247,
        "volume": 50436182,
        "typical_volume": 43455379.9,
        "trend": 19.217923,
        "fair_value": 23.413552,
        "relative_strength": 1.196254,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.004563,
        "energy": 28.086322,
        "activity_lines": [
          20.172679,
          20.030443,
          19.642594,
          19.674591
        ]
      },
      {
        "date": "2025-04-11",
        "close": 18.449505,
        "volume": 70065291,
        "typical_volume": 42792525.25,
        "trend": 19.37719,
        "fair_value": 23.312497,
        "relative_strength": -1.412277,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.549175,
        "energy": 4.857668,
        "activity_lines": [
          19.563124,
          19.792005,
          19.527345,
          19.625016
        ]
      },
      {
        "date": "2025-04-18",
        "close": 17.871088,
        "volume": 31170008,
        "typical_volume": 41774607.9,
        "trend": 19.513193,
        "fair_value": 23.212642,
        "relative_strength": -3.721092,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.68319,
        "energy": 24.055991,
        "activity_lines": [
          18.899606,
          19.442454,
          19.365505,
          19.527848
        ]
      },
      {
        "date": "2025-04-25",
        "close": 17.65169,
        "volume": 24173247,
        "typical_volume": 40425455.5,
        "trend": 19.561228,
        "fair_value": 23.135091,
        "relative_strength": -5.826475,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -66.974144,
        "energy": 57.669636,
        "activity_lines": [
          18.347119,
          19.078041,
          19.196247,
          19.407751
        ]
      },
      {
        "date": "2025-05-02",
        "close": 17.791307,
        "volume": 21111612,
        "typical_volume": 38572434.55,
        "trend": 19.533262,
        "fair_value": 23.068784,
        "relative_strength": -4.492077,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.819235,
        "energy": 64.065752,
        "activity_lines": [
          18.005388,
          18.770746,
          19.057037,
          19.293563
        ]
      },
      {
        "date": "2025-05-09",
        "close": 20.872871,
        "volume": 83614675,
        "typical_volume": 40801810.9,
        "trend": 19.65216,
        "fair_value": 23.031316,
        "relative_strength": 9.589071,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.019405,
        "energy": 28.013451,
        "activity_lines": [
          18.845089,
          19.062706,
          19.224693,
          19.379989
        ]
      },
      {
        "date": "2025-05-16",
        "close": 20.832981,
        "volume": 195875424,
        "typical_volume": 49167845.9,
        "trend": 19.743506,
        "fair_value": 23.005108,
        "relative_strength": 8.85929,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.968988,
        "energy": 8.29491,
        "activity_lines": [
          19.613652,
          19.322751,
          19.387069,
          19.456171
        ]
      },
      {
        "date": "2025-05-23",
        "close": 19.785849,
        "volume": 72098846,
        "typical_volume": 51212353.95,
        "trend": 19.772732,
        "fair_value": 22.990698,
        "relative_strength": 3.923332,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.404323,
        "energy": 12.559794,
        "activity_lines": [
          19.874272,
          19.38694,
          19.445299,
          19.458903
        ]
      },
      {
        "date": "2025-05-30",
        "close": 19.686119,
        "volume": 45848038,
        "typical_volume": 52020812.2,
        "trend": 19.692421,
        "fair_value": 22.975407,
        "relative_strength": 4.425859,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.530979,
        "energy": 18.25174,
        "activity_lines": [
          19.973999,
          19.448407,
          19.484213,
          19.453315
        ]
      },
      {
        "date": "2025-06-06",
        "close": 20.872871,
        "volume": 105830950,
        "typical_volume": 55857128.5,
        "trend": 19.615158,
        "fair_value": 22.959511,
        "relative_strength": 9.083407,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.946307,
        "energy": 28.283032,
        "activity_lines": [
          20.333681,
          19.733445,
          19.625908,
          19.529473
        ]
      },
      {
        "date": "2025-06-13",
        "close": 20.922735,
        "volume": 74349092,
        "typical_volume": 58232878.25,
        "trend": 19.597641,
        "fair_value": 22.935044,
        "relative_strength": 9.960772,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 56.140112,
        "energy": 44.252873,
        "activity_lines": [
          20.504546,
          20.013587,
          19.760913,
          19.613833
        ]
      },
      {
        "date": "2025-06-20",
        "close": 20.394182,
        "volume": 114156082,
        "typical_volume": 63630883.8,
        "trend": 19.603,
        "fair_value": 22.916178,
        "relative_strength": 8.382858,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 49.00537,
        "energy": 35.495663,
        "activity_lines": [
          20.495903,
          20.180947,
          19.834902,
          19.665223
        ]
      },
      {
        "date": "2025-06-27",
        "close": 22.498423,
        "volume": 131001682,
        "typical_volume": 69005927.4,
        "trend": 19.6629,
        "fair_value": 22.896272,
        "relative_strength": 15.045427,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 67.229666,
        "energy": 54.269078,
        "activity_lines": [
          21.217927,
          20.695539,
          20.098476,
          19.852024
        ]
      },
      {
        "date": "2025-07-04",
        "close": 23.116732,
        "volume": 139486511,
        "typical_volume": 74017281.85,
        "trend": 19.727811,
        "fair_value": 22.889173,
        "relative_strength": 16.399787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.903376,
        "energy": 61.33746,
        "activity_lines": [
          21.965216,
          21.238417,
          20.405457,
          20.074852
        ]
      },
      {
        "date": "2025-07-11",
        "close": 23.633165,
        "volume": 102160216,
        "typical_volume": 76730876.4,
        "trend": 19.828854,
        "fair_value": 22.87868,
        "relative_strength": 16.590389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.343768,
        "energy": 71.161409,
        "activity_lines": [
          22.655941,
          21.775828,
          20.743909,
          20.32681
        ]
      },
      {
        "date": "2025-07-18",
        "close": 24.102236,
        "volume": 78317642,
        "typical_volume": 77709803.1,
        "trend": 19.946862,
        "fair_value": 22.858512,
        "relative_strength": 16.179376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.969037,
        "energy": 76.153074,
        "activity_lines": [
          23.319004,
          22.292308,
          21.109422,
          20.602512
        ]
      },
      {
        "date": "2025-07-25",
        "close": 26.307865,
        "volume": 134815314,
        "typical_volume": 81984394.0,
        "trend": 20.160297,
        "fair_value": 22.842377,
        "relative_strength": 23.32847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.4996,
        "energy": 82.703301,
        "activity_lines": [
          24.50531,
          23.151096,
          21.663159,
          21.0129
        ]
      },
      {
        "date": "2025-08-01",
        "close": 29.6712,
        "volume": 207244720,
        "typical_volume": 88938941.1,
        "trend": 20.558531,
        "fair_value": 22.847072,
        "relative_strength": 40.240138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.59439,
        "energy": 91.059313,
        "activity_lines": [
          26.418482,
          24.521857,
          22.50971,
          21.626506
        ]
      },
      {
        "date": "2025-08-08",
        "close": 29.840864,
        "volume": 169202188,
        "typical_volume": 95413287.35,
        "trend": 20.968728,
        "fair_value": 22.862009,
        "relative_strength": 38.274866,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.687828,
        "energy": 93.845807,
        "activity_lines": [
          27.910023,
          25.743732,
          23.329383,
          22.225367
        ]
      },
      {
        "date": "2025-08-15",
        "close": 28.483555,
        "volume": 115490079,
        "typical_volume": 98322389.95,
        "trend": 21.302481,
        "fair_value": 22.860856,
        "relative_strength": 25.554972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.881056,
        "energy": 87.408359,
        "activity_lines": [
          28.500853,
          26.534191,
          23.973474,
          22.710194
        ]
      },
      {
        "date": "2025-08-22",
        "close": 29.022486,
        "volume": 110495738,
        "typical_volume": 101325367.75,
        "trend": 21.647228,
        "fair_value": 22.858672,
        "relative_strength": 21.704198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.431169,
        "energy": 86.373229,
        "activity_lines": [
          28.947967,
          27.284262,
          24.628994,
          23.208259
        ]
      },
      {
        "date": "2025-08-29",
        "close": 32.435722,
        "volume": 180066078,
        "typical_volume": 106825407.1,
        "trend": 22.124337,
        "fair_value": 22.861757,
        "relative_strength": 29.306495,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.825443,
        "energy": 86.292833,
        "activity_lines": [
          30.20481,
          28.507653,
          25.566645,
          23.904291
        ]
      },
      {
        "date": "2025-09-05",
        "close": 27.695116,
        "volume": 187668357,
        "typical_volume": 114650324.55,
        "trend": 22.40592,
        "fair_value": 22.851443,
        "relative_strength": 10.813145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.153266,
        "energy": 55.584611,
        "activity_lines": [
          29.472927,
          28.650179,
          25.986209,
          24.263696
        ]
      },
      {
        "date": "2025-09-12",
        "close": 27.435631,
        "volume": 94469518,
        "typical_volume": 118165138.1,
        "trend": 22.673874,
        "fair_value": 22.817612,
        "relative_strength": 6.518152,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.227622,
        "energy": 47.205845,
        "activity_lines": [
          28.786287,
          28.65104,
          26.334279,
          24.588193
        ]
      },
      {
        "date": "2025-09-19",
        "close": 27.246006,
        "volume": 77586164,
        "typical_volume": 120988865.7,
        "trend": 22.917584,
        "fair_value": 22.79583,
        "relative_strength": 4.21568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.601699,
        "energy": 36.279637,
        "activity_lines": [
          28.196789,
          28.538899,
          26.617699,
          24.88317
        ]
      },
      {
        "date": "2025-09-26",
        "close": 25.888697,
        "volume": 72242076,
        "typical_volume": 120420235.75,
        "trend": 23.129991,
        "fair_value": 22.792002,
        "relative_strength": -2.252393,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.564852,
        "energy": 24.964098,
        "activity_lines": [
          27.237357,
          28.114286,
          26.726829,
          25.074854
        ]
      },
      {
        "date": "2025-10-03",
        "close": 26.647196,
        "volume": 32783531,
        "typical_volume": 112265641.1,
        "trend": 23.333826,
        "fair_value": 22.801436,
        "relative_strength": -1.938964,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.030442,
        "energy": 23.485472,
        "activity_lines": [
          26.739678,
          27.795101,
          26.884312,
          25.301771
        ]
      },
      {
        "date": "2025-10-10",
        "close": 26.557371,
        "volume": 27387666,
        "typical_volume": 110030082.1,
        "trend": 23.531288,
        "fair_value": 22.815032,
        "relative_strength": -1.271165,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.494153,
        "energy": 21.370996,
        "activity_lines": [
          26.597958,
          27.453414,
          27.005554,
          25.509741
        ]
      },
      {
        "date": "2025-10-17",
        "close": 24.990477,
        "volume": 64728193,
        "typical_volume": 110974089.85,
        "trend": 23.693805,
        "fair_value": 22.824521,
        "relative_strength": -2.423951,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.890814,
        "energy": 14.83524,
        "activity_lines": [
          26.00979,
          26.883453,
          26.945322,
          25.603883
        ]
      },
      {
        "date": "2025-10-24",
        "close": 25.808855,
        "volume": 42146888,
        "typical_volume": 107789886.75,
        "trend": 23.883935,
        "fair_value": 22.849236,
        "relative_strength": -3.928044,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.964408,
        "energy": 14.311643,
        "activity_lines": [
          25.857426,
          26.550476,
          26.937773,
          25.740337
        ]
      },
      {
        "date": "2025-10-31",
        "close": 25.66913,
        "volume": 59296268,
        "typical_volume": 107037245.55,
        "trend": 24.072731,
        "fair_value": 22.86137,
        "relative_strength": -4.908045,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.718446,
        "energy": 13.373964,
        "activity_lines": [
          25.754296,
          26.240726,
          26.893411,
          25.855511
        ]
      },
      {
        "date": "2025-11-07",
        "close": 25.110239,
        "volume": 47387953,
        "typical_volume": 103698839.1,
        "trend": 24.294755,
        "fair_value": 22.858741,
        "relative_strength": -6.976664,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.413952,
        "energy": 13.312786,
        "activity_lines": [
          25.479507,
          25.89033,
          26.77322,
          25.922447
        ]
      },
      {
        "date": "2025-11-14",
        "close": 24.611229,
        "volume": 47790739,
        "typical_volume": 99538291.95,
        "trend": 24.519427,
        "fair_value": 22.84066,
        "relative_strength": -7.410393,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -3.374475,
        "energy": 21.200136,
        "activity_lines": [
          25.140845,
          25.582395,
          26.583047,
          25.942865
        ]
      },
      {
        "date": "2025-11-21",
        "close": 23.573286,
        "volume": 48142099,
        "typical_volume": 94971071.35,
        "trend": 24.716813,
        "fair_value": 22.802914,
        "relative_strength": -6.467833,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.347194,
        "energy": 40.882987,
        "activity_lines": [
          24.585945,
          25.141813,
          26.283961,
          25.881824
        ]
      },
      {
        "date": "2025-11-28",
        "close": 24.830791,
        "volume": 51446627,
        "typical_volume": 92435391.9,
        "trend": 24.951463,
        "fair_value": 22.775061,
        "relative_strength": -4.827706,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.42241,
        "energy": 38.367844,
        "activity_lines": [
          24.544693,
          25.000094,
          26.102463,
          25.889177
        ]
      },
      {
        "date": "2025-12-05",
        "close": 25.17012,
        "volume": 44496612,
        "typical_volume": 90744340.4,
        "trend": 25.094704,
        "fair_value": 22.749888,
        "relative_strength": -4.684412,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.523039,
        "energy": 38.280531,
        "activity_lines": [
          24.681755,
          24.963983,
          25.94758,
          25.903284
        ]
      },
      {
        "date": "2025-12-12",
        "close": 25.828814,
        "volume": 71570448,
        "typical_volume": 87582097.1,
        "trend": 25.261232,
        "fair_value": 22.735191,
        "relative_strength": -3.029598,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.11692,
        "energy": 17.829507,
        "activity_lines": [
          25.071648,
          25.060701,
          25.850344,
          25.950646
        ]
      },
      {
        "date": "2025-12-19",
        "close": 25.719034,
        "volume": 64132328,
        "typical_volume": 80426477.5,
        "trend": 25.459005,
        "fair_value": 22.724211,
        "relative_strength": -2.597971,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -8.527756,
        "energy": 9.80813,
        "activity_lines": [
          25.377044,
          25.152337,
          25.744934,
          25.980182
        ]
      },
      {
        "date": "2025-12-26",
        "close": 26.836817,
        "volume": 71352878,
        "typical_volume": 75534012.0,
        "trend": 25.697361,
        "fair_value": 22.733409,
        "relative_strength": -1.927924,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.255635,
        "energy": 17.755047,
        "activity_lines": [
          25.98118,
          25.46245,
          25.764799,
          26.069073
        ]
      },
      {
        "date": "2026-01-02",
        "close": 26.976542,
        "volume": 47177744,
        "typical_volume": 72118395.25,
        "trend": 25.900817,
        "fair_value": 22.750071,
        "relative_strength": -1.03519,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.983925,
        "energy": 24.324818,
        "activity_lines": [
          26.414322,
          25.764397,
          25.812277,
          26.1516
        ]
      },
      {
        "date": "2026-01-09",
        "close": 33.842934,
        "volume": 252157807,
        "typical_volume": 79201498.7,
        "trend": 26.33149,
        "fair_value": 22.812643,
        "relative_strength": 18.237157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.238399,
        "energy": 76.642431,
        "activity_lines": [
          28.993211,
          27.293549,
          26.520872,
          26.663995
        ]
      },
      {
        "date": "2026-01-16",
        "close": 34.192238,
        "volume": 221653863,
        "typical_volume": 81280887.95,
        "trend": 26.791426,
        "fair_value": 22.882444,
        "relative_strength": 17.468972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.784058,
        "energy": 90.305336,
        "activity_lines": [
          31.110348,
          28.737596,
          27.239781,
          27.17114
        ]
      },
      {
        "date": "2026-01-23",
        "close": 35.100441,
        "volume": 167973018,
        "typical_volume": 80296121.0,
        "trend": 27.211493,
        "fair_value": 22.957498,
        "relative_strength": 18.575677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.265777,
        "energy": 93.729361,
        "activity_lines": [
          32.972657,
          30.181643,
          28.03682,
          27.707206
        ]
      },
      {
        "date": "2026-01-30",
        "close": 30.509539,
        "volume": 115392736,
        "typical_volume": 81342281.9,
        "trend": 27.45792,
        "fair_value": 23.003818,
        "relative_strength": 4.407036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.960268,
        "energy": 82.189511,
        "activity_lines": [
          32.679239,
          30.600268,
          28.361368,
          27.919983
        ]
      },
      {
        "date": "2026-02-06",
        "close": 29.790964,
        "volume": 65494033,
        "typical_volume": 80737675.35,
        "trend": 27.66318,
        "fair_value": 23.037637,
        "relative_strength": 3.828268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.368246,
        "energy": 61.590166,
        "activity_lines": [
          31.901447,
          30.762129,
          28.602841,
          28.070502
        ]
      },
      {
        "date": "2026-02-13",
        "close": 30.699163,
        "volume": 65245498,
        "typical_volume": 80387846.45,
        "trend": 27.883077,
        "fair_value": 23.059403,
        "relative_strength": 5.160191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.708835,
        "energy": 42.42606,
        "activity_lines": [
          31.238761,
          30.998933,
          28.918692,
          28.266372
        ]
      },
      {
        "date": "2026-02-27",
        "close": 31.906769,
        "volume": 87750902,
        "typical_volume": 83136215.0,
        "trend": 28.069708,
        "fair_value": 23.085246,
        "relative_strength": 5.937861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.52573,
        "energy": 29.632391,
        "activity_lines": [
          31.188194,
          31.354773,
          29.326645,
          28.525965
        ]
      },
      {
        "date": "2026-03-06",
        "close": 32.136318,
        "volume": 185274508,
        "typical_volume": 91030557.1,
        "trend": 28.151878,
        "fair_value": 23.12134,
        "relative_strength": 8.69685,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.560137,
        "energy": 29.687101,
        "activity_lines": [
          31.366508,
          31.641841,
          29.731415,
          28.788327
        ]
      },
      {
        "date": "2026-03-13",
        "close": 31.427719,
        "volume": 133699638,
        "typical_volume": 94479129.35,
        "trend": 28.204773,
        "fair_value": 23.149102,
        "relative_strength": 5.197124,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.5129,
        "energy": 29.034224,
        "activity_lines": [
          31.506231,
          31.683395,
          30.042132,
          28.999671
        ]
      },
      {
        "date": "2026-03-20",
        "close": 28.413197,
        "volume": 80987895,
        "typical_volume": 96421179.7,
        "trend": 28.202428,
        "fair_value": 23.14756,
        "relative_strength": -2.202229,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.003545,
        "energy": 19.713373,
        "activity_lines": [
          30.579901,
          31.093383,
          30.035099,
          29.013118
        ]
      },
      {
        "date": "2026-03-27",
        "close": 27.034496,
        "volume": 63732268,
        "typical_volume": 96642979.7,
        "trend": 28.136162,
        "fair_value": 23.145329,
        "relative_strength": -6.303048,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.722029,
        "energy": 12.828893,
        "activity_lines": [
          29.285855,
          30.226577,
          29.884359,
          28.937767
        ]
      },
      {
        "date": "2026-04-03",
        "close": 29.821867,
        "volume": 79457685,
        "typical_volume": 98246466.3,
        "trend": 28.049033,
        "fair_value": 23.165261,
        "relative_strength": 6.18237,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.962328,
        "energy": 14.543006,
        "activity_lines": [
          29.165244,
          29.990356,
          29.992581,
          29.046523
        ]
      },
      {
        "date": "2026-04-10",
        "close": 31.690104,
        "volume": 123000478,
        "typical_volume": 102006953.25,
        "trend": 28.182199,
        "fair_value": 23.189273,
        "relative_strength": 5.018153,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.516308,
        "energy": 16.68071,
        "activity_lines": [
          29.806373,
          30.173275,
          30.256295,
          29.28143
        ]
      },
      {
        "date": "2026-04-17",
        "close": 34.817154,
        "volume": 131258468,
        "typical_volume": 106162771.7,
        "trend": 28.42825,
        "fair_value": 23.248363,
        "relative_strength": 10.450223,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.697832,
        "energy": 32.250057,
        "activity_lines": [
          31.519598,
          30.986755,
          30.784113,
          29.709492
        ]
      },
      {
        "date": "2026-04-24",
        "close": 35.406597,
        "volume": 155644833,
        "typical_volume": 111372682.0,
        "trend": 28.70027,
        "fair_value": 23.296704,
        "relative_strength": 11.358553,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 68.299577,
        "energy": 64.485687,
        "activity_lines": [
          33.203343,
          31.829086,
          31.314527,
          30.159708
        ]
      },
      {
        "date": "2026-05-01",
        "close": 35.966072,
        "volume": 97601156,
        "typical_volume": 114027909.2,
        "trend": 29.036182,
        "fair_value": 23.351284,
        "relative_strength": 11.261904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.770712,
        "energy": 74.513814,
        "activity_lines": [
          34.607352,
          32.671038,
          31.847863,
          30.628469
        ]
      },
      {
        "date": "2026-05-08",
        "close": 37.634495,
        "volume": 82787229,
        "typical_volume": 114588748.25,
        "trend": 29.402426,
        "fair_value": 23.435634,
        "relative_strength": 12.383096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.051514,
        "energy": 83.513863,
        "activity_lines": [
          35.972064,
          33.720577,
          32.488688,
          31.183199
        ]
      },
      {
        "date": "2026-05-15",
        "close": 37.234875,
        "volume": 167373458,
        "typical_volume": 119750804.75,
        "trend": 29.758343,
        "fair_value": 23.510665,
        "relative_strength": 10.878476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.826911,
        "energy": 79.939349,
        "activity_lines": [
          36.682728,
          34.593318,
          33.035236,
          31.688518
        ]
      },
      {
        "date": "2026-05-22",
        "close": 39.063148,
        "volume": 184313654,
        "typical_volume": 125398843.55,
        "trend": 30.227432,
        "fair_value": 23.596846,
        "relative_strength": 15.583095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.681037,
        "energy": 80.167347,
        "activity_lines": [
          37.633164,
          35.70577,
          33.701067,
          32.288828
        ]
      },
      {
        "date": "2026-05-29",
        "close": 40.23,
        "volume": 224272850,
        "typical_volume": 134253598.85,
        "trend": 30.708136,
        "fair_value": 23.682928,
        "relative_strength": 18.542053,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.396835,
        "energy": 74.678501,
        "activity_lines": [
          38.689485,
          36.891552,
          34.419807,
          32.934155
        ]
      },
      {
        "date": "2026-06-05",
        "close": 46.330002,
        "volume": 66901645,
        "typical_volume": 124990790.75,
        "trend": 31.396832,
        "fair_value": 23.79548,
        "relative_strength": 37.545556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.480979,
        "energy": 81.930535,
        "activity_lines": [
          41.45758,
          38.971574,
          35.656388,
          33.942018
        ]
      },
      {
        "date": "2026-06-12",
        "close": 47.959999,
        "volume": 66188031,
        "typical_volume": 117217499.15,
        "trend": 32.158491,
        "fair_value": 23.913427,
        "relative_strength": 44.269828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.724939,
        "energy": 89.911001,
        "activity_lines": [
          44.078078,
          40.997132,
          36.988744,
          35.010609
        ]
      },
      {
        "date": "2026-06-19",
        "close": 54.049999,
        "volume": 195647013,
        "typical_volume": 118601198.9,
        "trend": 33.139783,
        "fair_value": 24.072687,
        "relative_strength": 50.069742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.646566,
        "energy": 95.324039,
        "activity_lines": [
          48.04021,
          43.800178,
          38.83554,
          36.422964
        ]
      },
      {
        "date": "2026-06-26",
        "close": 54.380001,
        "volume": 44342510,
        "typical_volume": 115048687.6,
        "trend": 34.166674,
        "fair_value": 24.249285,
        "relative_strength": 51.537837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.928131,
        "energy": 93.643893,
        "activity_lines": [
          50.991333,
          46.256681,
          40.623528,
          37.793301
        ]
      },
      {
        "date": "2026-07-03",
        "close": 45.360001,
        "volume": 24580282,
        "typical_volume": 113003000.05,
        "trend": 34.850981,
        "fair_value": 24.344944,
        "relative_strength": 27.103282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.178509,
        "energy": 75.929333,
        "activity_lines": [
          49.914667,
          46.717496,
          41.4388,
          38.515451
        ]
      },
      {
        "date": "2026-07-10",
        "close": 40.77,
        "volume": 117528925,
        "typical_volume": 115617171.4,
        "trend": 35.370977,
        "fair_value": 24.417055,
        "relative_strength": 17.918607,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.68616,
        "energy": 53.160551,
        "activity_lines": [
          46.966,
          46.162795,
          41.74279,
          38.897323
        ]
      },
      {
        "date": "2026-07-17",
        "close": 31.35,
        "volume": 110997037,
        "typical_volume": 116779478.15,
        "trend": 35.555016,
        "fair_value": 24.425496,
        "relative_strength": -0.528473,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 12.770897,
        "energy": 15.139707,
        "activity_lines": [
          41.248,
          43.808022,
          41.101682,
          38.637906
        ]
      },
      {
        "date": "2026-07-24",
        "close": 33.189999,
        "volume": 141303498,
        "typical_volume": 114580927.65,
        "trend": 35.804048,
        "fair_value": 24.450533,
        "relative_strength": 4.615443,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.832324,
        "energy": 25.609575,
        "activity_lines": [
          37.250667,
          41.902057,
          40.638462,
          38.485324
        ]
      },
      {
        "date": "2026-07-31",
        "close": 31.83,
        "volume": 101897462,
        "typical_volume": 112990818.85,
        "trend": 35.970488,
        "fair_value": 24.46622,
        "relative_strength": 1.784825,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.588129,
        "energy": 38.894493,
        "activity_lines": [
          34.190666,
          39.822364,
          40.040702,
          38.228934
        ]
      },
      {
        "date": "2026-08-07",
        "close": 36.099998,
        "volume": 105484926,
        "typical_volume": 114215670.4,
        "trend": 36.274603,
        "fair_value": 24.520964,
        "relative_strength": 9.696085,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.628147,
        "energy": 35.336759,
        "activity_lines": [
          34.057332,
          38.650545,
          39.847692,
          38.237289
        ]
      }
    ],
    "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."
    }
  }
}