{
  "ticker": {
    "uuid": "1f01a16e-acf6-4543-884f-91b84fe73a69",
    "symbol": "WSC",
    "name": "Willscot Mobile Mini Holdings Corp A",
    "exchange": "NASDAQ",
    "country": "US",
    "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": "QQQ",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1a",
    "phase_label": "Stage 1A \u00b7 Bottoming",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 62.951,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 26.228,
    "architecture_energy": 19.714,
    "architecture_maturity": 55.028,
    "architecture_confidence": 80.681,
    "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": 40.27,
        "rotation_up": 21.37,
        "upward_expansion": 54.98,
        "deceleration": 90.49,
        "rotation_down": 36.49,
        "downward_expansion": 23.31
      },
      "activity_lines": [
        25.277333,
        26.181182,
        25.812732,
        24.510975
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 24.37,
    "trend_reference": 23.124275,
    "distance_from_trend": 0.053871,
    "trend_direction": "Improving",
    "fair_value": 31.773086,
    "distance_from_fair_value": -0.232999,
    "fair_value_direction": "Weakening",
    "relative_strength": -3.543442,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.101335,
    "excess_performance": -0.086119,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.053871,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.120393,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.232999,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.073186,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.035434,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.058799,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.101335,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.334161,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 13927432,
      "relative_activity": 1.22768,
      "balance": 1.334161,
      "dry_up": 0.993962,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.102596,
      "annualized_volatility": 0.52874,
      "from_high_reference": -0.181391,
      "from_low_reference": 0.649722
    },
    "levels": {
      "trend_reference": 23.124275,
      "fair_value_reference": 31.773086,
      "structural_low": 16.475506,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": 0.056942,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.007316,
        "regime_survival": 0.333333,
        "best_return": 0.189182,
        "worst_return": -0.162639,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.044898,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.166265,
        "regime_survival": 0.2,
        "best_return": 0.157987,
        "worst_return": -0.138036,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.041426,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.15235,
        "regime_survival": 0.0,
        "best_return": 0.065409,
        "worst_return": -0.166932,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.057447,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.432945,
        "regime_survival": 0.333333,
        "best_return": 0.302585,
        "worst_return": -0.350779,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-07",
        "end": "2024-09-13",
        "tenure": "Established",
        "return": 0.022454,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-20",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": -0.153518,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": 0.091605,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-07",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.24389,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-14",
        "end": "2025-06-27",
        "tenure": "Established",
        "return": -0.050021,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-04",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": -0.163322,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-22",
        "end": "2026-01-16",
        "tenure": "Established",
        "return": -0.091393,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": 0.080019,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-27",
        "end": "2026-03-06",
        "tenure": "New",
        "return": -0.105832,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-13",
        "end": "2026-03-20",
        "tenure": "New",
        "return": -0.053363,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.18235,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.001324,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.054393,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.003707,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 41.071186,
        "volume": 6092208,
        "typical_volume": 9554208.0,
        "trend": 45.467316,
        "fair_value": 34.794793,
        "relative_strength": -20.885256,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -69.24812,
        "energy": 61.079163,
        "activity_lines": [
          42.729237,
          44.231195,
          44.622,
          44.780143
        ]
      },
      {
        "date": "2023-08-25",
        "close": 40.05866,
        "volume": 8786357,
        "typical_volume": 9165764.8,
        "trend": 45.234009,
        "fair_value": 34.935128,
        "relative_strength": -23.859832,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.990302,
        "energy": 75.889797,
        "activity_lines": [
          41.45588,
          43.322514,
          44.225088,
          44.431198
        ]
      },
      {
        "date": "2023-09-01",
        "close": 41.316944,
        "volume": 11322509,
        "typical_volume": 9087777.65,
        "trend": 45.04756,
        "fair_value": 35.086616,
        "relative_strength": -24.042102,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.197463,
        "energy": 75.248932,
        "activity_lines": [
          41.074462,
          42.754141,
          43.945906,
          44.178484
        ]
      },
      {
        "date": "2023-09-08",
        "close": 41.307114,
        "volume": 10334405,
        "typical_volume": 9083621.2,
        "trend": 44.764119,
        "fair_value": 35.244721,
        "relative_strength": -22.767398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.225996,
        "energy": 73.713695,
        "activity_lines": [
          41.05087,
          42.25601,
          43.668644,
          43.937165
        ]
      },
      {
        "date": "2023-09-15",
        "close": 41.621685,
        "volume": 10013131,
        "typical_volume": 8617690.85,
        "trend": 44.452497,
        "fair_value": 35.404212,
        "relative_strength": -21.486386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.019413,
        "energy": 60.308168,
        "activity_lines": [
          41.231748,
          41.918204,
          43.422885,
          43.734427
        ]
      },
      {
        "date": "2023-09-22",
        "close": 41.022034,
        "volume": 6210368,
        "typical_volume": 8371757.05,
        "trend": 44.17397,
        "fair_value": 35.563829,
        "relative_strength": -19.635613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.003434,
        "energy": 43.520872,
        "activity_lines": [
          41.214053,
          41.559664,
          43.134341,
          43.513107
        ]
      },
      {
        "date": "2023-09-29",
        "close": 40.884409,
        "volume": 6140231,
        "typical_volume": 8355981.0,
        "trend": 43.803366,
        "fair_value": 35.715821,
        "relative_strength": -19.603723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.889353,
        "energy": 41.194614,
        "activity_lines": [
          41.153761,
          41.27101,
          42.84458,
          43.300877
        ]
      },
      {
        "date": "2023-10-06",
        "close": 40.933561,
        "volume": 7341637,
        "typical_volume": 8357947.35,
        "trend": 43.54319,
        "fair_value": 35.866553,
        "relative_strength": -20.445245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.305968,
        "energy": 38.766684,
        "activity_lines": [
          41.054802,
          41.105145,
          42.570922,
          43.115728
        ]
      },
      {
        "date": "2023-10-13",
        "close": 41.228471,
        "volume": 4249930,
        "typical_volume": 8272100.45,
        "trend": 43.414412,
        "fair_value": 36.021444,
        "relative_strength": -19.538222,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.111106,
        "energy": 36.918597,
        "activity_lines": [
          41.079705,
          41.098353,
          42.341968,
          42.966392
        ]
      },
      {
        "date": "2023-10-20",
        "close": 37.679716,
        "volume": 8585193,
        "typical_volume": 8131058.5,
        "trend": 43.222065,
        "fair_value": 36.145647,
        "relative_strength": -23.867372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.117141,
        "energy": 52.124725,
        "activity_lines": [
          39.926933,
          40.47493,
          41.789269,
          42.596411
        ]
      },
      {
        "date": "2023-10-27",
        "close": 37.728868,
        "volume": 5610262,
        "typical_volume": 7952631.0,
        "trend": 42.943539,
        "fair_value": 36.270416,
        "relative_strength": -21.269141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.133327,
        "energy": 67.012878,
        "activity_lines": [
          39.053343,
          39.932474,
          41.270554,
          42.242012
        ]
      },
      {
        "date": "2023-11-03",
        "close": 35.172978,
        "volume": 17268498,
        "typical_volume": 8439051.0,
        "trend": 42.795428,
        "fair_value": 36.368657,
        "relative_strength": -30.345128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.311078,
        "energy": 86.474962,
        "activity_lines": [
          37.547334,
          38.98608,
          40.55205,
          41.740685
        ]
      },
      {
        "date": "2023-11-10",
        "close": 36.057709,
        "volume": 10450135,
        "typical_volume": 8638184.35,
        "trend": 42.600132,
        "fair_value": 36.46759,
        "relative_strength": -29.977408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.533618,
        "energy": 85.557798,
        "activity_lines": [
          36.716998,
          38.289376,
          39.97028,
          41.305993
        ]
      },
      {
        "date": "2023-11-17",
        "close": 38.171233,
        "volume": 9282636,
        "typical_volume": 8576669.8,
        "trend": 42.484789,
        "fair_value": 36.57711,
        "relative_strength": -26.664412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.006083,
        "energy": 75.576539,
        "activity_lines": [
          36.916226,
          38.072572,
          39.633708,
          41.020258
        ]
      },
      {
        "date": "2023-11-24",
        "close": 37.355315,
        "volume": 6155624,
        "typical_volume": 8663414.6,
        "trend": 42.242307,
        "fair_value": 36.682976,
        "relative_strength": -28.156682,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.158144,
        "energy": 65.007278,
        "activity_lines": [
          37.047297,
          37.764436,
          39.261372,
          40.689324
        ]
      },
      {
        "date": "2023-12-01",
        "close": 41.857613,
        "volume": 12495174,
        "typical_volume": 8879201.05,
        "trend": 42.18693,
        "fair_value": 36.815307,
        "relative_strength": -18.926132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.214934,
        "energy": 23.669922,
        "activity_lines": [
          38.700761,
          38.352469,
          39.361267,
          40.664505
        ]
      },
      {
        "date": "2023-12-08",
        "close": 39.616294,
        "volume": 7562786,
        "typical_volume": 8899204.9,
        "trend": 42.064706,
        "fair_value": 36.929869,
        "relative_strength": -23.018449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.730119,
        "energy": 22.137635,
        "activity_lines": [
          39.331869,
          38.517798,
          39.268581,
          40.498658
        ]
      },
      {
        "date": "2023-12-15",
        "close": 43.941647,
        "volume": 15645682,
        "typical_volume": 9418418.85,
        "trend": 42.04865,
        "fair_value": 37.071432,
        "relative_strength": -16.702291,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 1.471517,
        "energy": 18.07987,
        "activity_lines": [
          41.108541,
          39.492611,
          39.623691,
          40.619751
        ]
      },
      {
        "date": "2023-12-22",
        "close": 44.059611,
        "volume": 5891674,
        "typical_volume": 8856882.75,
        "trend": 42.043407,
        "fair_value": 37.211766,
        "relative_strength": -16.512392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 32.109839,
        "energy": 36.986652,
        "activity_lines": [
          42.398938,
          40.434179,
          40.003329,
          40.74949
        ]
      },
      {
        "date": "2023-12-29",
        "close": 43.74504,
        "volume": 2785024,
        "typical_volume": 8611173.2,
        "trend": 42.040458,
        "fair_value": 37.346178,
        "relative_strength": -16.625036,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.699982,
        "energy": 41.407591,
        "activity_lines": [
          43.191919,
          41.267078,
          40.347017,
          40.859273
        ]
      },
      {
        "date": "2024-01-05",
        "close": 41.77897,
        "volume": 4568794,
        "typical_volume": 8535002.5,
        "trend": 41.870065,
        "fair_value": 37.451287,
        "relative_strength": -17.06238,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.553465,
        "energy": 36.547629,
        "activity_lines": [
          42.903562,
          41.63223,
          40.493442,
          40.842403
        ]
      },
      {
        "date": "2024-01-12",
        "close": 42.073881,
        "volume": 4248137,
        "typical_volume": 8308091.5,
        "trend": 41.732768,
        "fair_value": 37.551985,
        "relative_strength": -18.348273,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.824318,
        "energy": 32.20708,
        "activity_lines": [
          42.718752,
          41.977365,
          40.664584,
          40.855552
        ]
      },
      {
        "date": "2024-01-19",
        "close": 42.201675,
        "volume": 4210485,
        "typical_volume": 7952490.3,
        "trend": 41.630205,
        "fair_value": 37.661631,
        "relative_strength": -19.610546,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 16.548842,
        "energy": 19.11395,
        "activity_lines": [
          42.4127,
          42.220264,
          40.8383,
          40.885804
        ]
      },
      {
        "date": "2024-01-26",
        "close": 44.354521,
        "volume": 5407059,
        "typical_volume": 7706123.0,
        "trend": 41.542715,
        "fair_value": 37.796546,
        "relative_strength": -15.31163,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.685344,
        "energy": 25.772547,
        "activity_lines": [
          42.940262,
          42.742881,
          41.212836,
          41.061567
        ]
      },
      {
        "date": "2024-02-02",
        "close": 49.603926,
        "volume": 22394864,
        "typical_volume": 8325209.65,
        "trend": 41.646916,
        "fair_value": 37.951374,
        "relative_strength": -5.870591,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.834968,
        "energy": 61.095524,
        "activity_lines": [
          45.197965,
          44.107511,
          42.072804,
          41.581645
        ]
      },
      {
        "date": "2024-02-09",
        "close": 50.58696,
        "volume": 11796140,
        "typical_volume": 8604498.25,
        "trend": 41.79175,
        "fair_value": 38.106895,
        "relative_strength": -5.003664,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 84.023981,
        "energy": 85.273569,
        "activity_lines": [
          47.392753,
          45.428174,
          42.988384,
          42.158422
        ]
      },
      {
        "date": "2024-02-16",
        "close": 49.289355,
        "volume": 9460217,
        "typical_volume": 8770497.55,
        "trend": 41.863184,
        "fair_value": 38.254602,
        "relative_strength": -5.210503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.520692,
        "energy": 85.524717,
        "activity_lines": [
          48.567807,
          46.354192,
          43.734835,
          42.642138
        ]
      },
      {
        "date": "2024-02-23",
        "close": 47.46091,
        "volume": 11193906,
        "typical_volume": 8963111.0,
        "trend": 41.887432,
        "fair_value": 38.384098,
        "relative_strength": -9.131807,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.166646,
        "energy": 80.941349,
        "activity_lines": [
          48.652348,
          46.771892,
          44.267125,
          43.003282
        ]
      },
      {
        "date": "2024-03-01",
        "close": 47.244643,
        "volume": 9654322,
        "typical_volume": 9233330.6,
        "trend": 42.035542,
        "fair_value": 38.522605,
        "relative_strength": -10.347746,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.115652,
        "energy": 74.154289,
        "activity_lines": [
          48.314184,
          47.086285,
          44.747735,
          43.348908
        ]
      },
      {
        "date": "2024-03-08",
        "close": 45.829073,
        "volume": 8038394,
        "typical_volume": 9205990.65,
        "trend": 42.175133,
        "fair_value": 38.641578,
        "relative_strength": -10.77549,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.228088,
        "energy": 44.759053,
        "activity_lines": [
          47.311489,
          47.085391,
          45.064881,
          43.593652
        ]
      },
      {
        "date": "2024-03-15",
        "close": 44.914851,
        "volume": 7564804,
        "typical_volume": 9303717.75,
        "trend": 42.303256,
        "fair_value": 38.760487,
        "relative_strength": -10.865733,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.85849,
        "energy": 28.081528,
        "activity_lines": [
          46.25571,
          46.880384,
          45.256151,
          43.770408
        ]
      },
      {
        "date": "2024-03-22",
        "close": 45.150779,
        "volume": 9134135,
        "typical_volume": 8896999.6,
        "trend": 42.472993,
        "fair_value": 38.87738,
        "relative_strength": -12.440041,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.724317,
        "energy": 24.690856,
        "activity_lines": [
          45.656714,
          46.661256,
          45.435672,
          43.954119
        ]
      },
      {
        "date": "2024-03-29",
        "close": 45.711109,
        "volume": 5445865,
        "typical_volume": 8646786.1,
        "trend": 42.619465,
        "fair_value": 38.987782,
        "relative_strength": -10.258698,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.702621,
        "energy": 23.940581,
        "activity_lines": [
          45.5204,
          46.488064,
          45.621044,
          44.16303
        ]
      },
      {
        "date": "2024-04-05",
        "close": 43.263353,
        "volume": 9889224,
        "typical_volume": 8677115.5,
        "trend": 42.684673,
        "fair_value": 39.077705,
        "relative_strength": -13.989851,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.03751,
        "energy": 18.842827,
        "activity_lines": [
          44.684821,
          45.806016,
          45.527328,
          44.204571
        ]
      },
      {
        "date": "2024-04-12",
        "close": 40.402722,
        "volume": 6658936,
        "typical_volume": 8702281.1,
        "trend": 42.644041,
        "fair_value": 39.15452,
        "relative_strength": -18.72261,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -15.57372,
        "energy": 24.79417,
        "activity_lines": [
          43.161117,
          44.623694,
          45.136923,
          44.057349
        ]
      },
      {
        "date": "2024-04-19",
        "close": 37.807511,
        "volume": 11474863,
        "typical_volume": 8651265.55,
        "trend": 42.53689,
        "fair_value": 39.209406,
        "relative_strength": -19.045531,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -44.845515,
        "energy": 49.159206,
        "activity_lines": [
          41.1341,
          43.136809,
          44.484843,
          43.745314
        ]
      },
      {
        "date": "2024-04-26",
        "close": 38.0631,
        "volume": 12459836,
        "typical_volume": 8896118.05,
        "trend": 42.442847,
        "fair_value": 39.268955,
        "relative_strength": -20.901658,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.766762,
        "energy": 66.310236,
        "activity_lines": [
          39.666102,
          41.928749,
          43.876392,
          43.456683
        ]
      },
      {
        "date": "2024-05-03",
        "close": 36.716342,
        "volume": 15735283,
        "typical_volume": 8900598.1,
        "trend": 42.302273,
        "fair_value": 39.319241,
        "relative_strength": -23.811207,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.277009,
        "energy": 77.25221,
        "activity_lines": [
          38.221696,
          40.679938,
          43.147074,
          43.087231
        ]
      },
      {
        "date": "2024-05-10",
        "close": 39.685107,
        "volume": 12976892,
        "typical_volume": 9254859.0,
        "trend": 42.250827,
        "fair_value": 39.398892,
        "relative_strength": -18.247494,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.984084,
        "energy": 72.715897,
        "activity_lines": [
          38.36653,
          40.166258,
          42.734901,
          42.918382
        ]
      },
      {
        "date": "2024-05-17",
        "close": 39.960356,
        "volume": 7977986,
        "typical_volume": 9514507.1,
        "trend": 42.326848,
        "fair_value": 39.471423,
        "relative_strength": -18.816223,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.114126,
        "energy": 63.048012,
        "activity_lines": [
          38.841663,
          39.840069,
          42.369774,
          42.770609
        ]
      },
      {
        "date": "2024-05-24",
        "close": 38.603769,
        "volume": 9745496,
        "typical_volume": 9773342.2,
        "trend": 42.356012,
        "fair_value": 39.536139,
        "relative_strength": -22.034271,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.110503,
        "energy": 44.179644,
        "activity_lines": [
          38.894092,
          39.373932,
          41.893471,
          42.530411
        ]
      },
      {
        "date": "2024-05-31",
        "close": 38.761054,
        "volume": 5082456,
        "typical_volume": 9815058.15,
        "trend": 42.475614,
        "fair_value": 39.609048,
        "relative_strength": -19.911812,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.606746,
        "energy": 43.1343,
        "activity_lines": [
          38.945865,
          39.051139,
          41.447267,
          42.298478
        ]
      },
      {
        "date": "2024-06-07",
        "close": 37.650225,
        "volume": 6628736,
        "typical_volume": 9935970.7,
        "trend": 42.528698,
        "fair_value": 39.664564,
        "relative_strength": -23.555866,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.525988,
        "energy": 47.881681,
        "activity_lines": [
          38.580831,
          38.642554,
          40.911045,
          41.987162
        ]
      },
      {
        "date": "2024-06-14",
        "close": 37.20786,
        "volume": 11634990,
        "typical_volume": 10247367.25,
        "trend": 42.496586,
        "fair_value": 39.727831,
        "relative_strength": -26.364015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.498708,
        "energy": 51.38212,
        "activity_lines": [
          38.006084,
          38.3001,
          40.354366,
          41.643883
        ]
      },
      {
        "date": "2024-06-21",
        "close": 38.91834,
        "volume": 8230717,
        "typical_volume": 9539159.9,
        "trend": 42.548687,
        "fair_value": 39.800676,
        "relative_strength": -22.508765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.502961,
        "energy": 45.331375,
        "activity_lines": [
          38.166646,
          38.378743,
          39.994622,
          41.413028
        ]
      },
      {
        "date": "2024-06-28",
        "close": 37.001422,
        "volume": 11745316,
        "typical_volume": 9536618.7,
        "trend": 42.386814,
        "fair_value": 39.863124,
        "relative_strength": -25.585302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.933066,
        "energy": 49.013978,
        "activity_lines": [
          37.757704,
          38.135844,
          39.503199,
          41.05514
        ]
      },
      {
        "date": "2024-07-05",
        "close": 35.23196,
        "volume": 7461864,
        "typical_volume": 9436701.05,
        "trend": 42.240669,
        "fair_value": 39.912465,
        "relative_strength": -30.851388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.535735,
        "energy": 58.650019,
        "activity_lines": [
          36.865764,
          37.585881,
          38.907948,
          40.593536
        ]
      },
      {
        "date": "2024-07-12",
        "close": 37.640395,
        "volume": 11467487,
        "typical_volume": 9450380.1,
        "trend": 42.030627,
        "fair_value": 39.982853,
        "relative_strength": -25.269976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.965964,
        "energy": 45.302853,
        "activity_lines": [
          37.011908,
          37.52529,
          38.609012,
          40.296745
        ]
      },
      {
        "date": "2024-07-19",
        "close": 40.314249,
        "volume": 11740895,
        "typical_volume": 9554708.75,
        "trend": 41.905782,
        "fair_value": 40.062,
        "relative_strength": -16.004447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.596835,
        "energy": 31.795108,
        "activity_lines": [
          38.049993,
          37.934054,
          38.611493,
          40.18601
        ]
      },
      {
        "date": "2024-07-26",
        "close": 40.304419,
        "volume": 14496169,
        "typical_volume": 9877597.5,
        "trend": 41.791095,
        "fair_value": 40.139445,
        "relative_strength": -13.210168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.751591,
        "energy": 18.294968,
        "activity_lines": [
          38.877708,
          38.329592,
          38.646039,
          40.082697
        ]
      },
      {
        "date": "2024-08-02",
        "close": 34.897728,
        "volume": 13890417,
        "typical_volume": 10193878.15,
        "trend": 41.56172,
        "fair_value": 40.182926,
        "relative_strength": -21.901383,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.844179,
        "energy": 27.001404,
        "activity_lines": [
          37.810788,
          37.735839,
          38.191971,
          39.637963
        ]
      },
      {
        "date": "2024-08-09",
        "close": 34.121131,
        "volume": 14405370,
        "typical_volume": 10457439.9,
        "trend": 41.296628,
        "fair_value": 40.227225,
        "relative_strength": -23.347453,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.262447,
        "energy": 39.412961,
        "activity_lines": [
          36.625248,
          37.068269,
          37.711641,
          39.157925
        ]
      },
      {
        "date": "2024-08-16",
        "close": 35.418737,
        "volume": 6642515,
        "typical_volume": 10517272.4,
        "trend": 41.07053,
        "fair_value": 40.284254,
        "relative_strength": -23.950834,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.371079,
        "energy": 44.920688,
        "activity_lines": [
          35.946299,
          36.720989,
          37.407416,
          38.778707
        ]
      },
      {
        "date": "2024-08-23",
        "close": 38.269537,
        "volume": 7606213,
        "typical_volume": 10403121.85,
        "trend": 40.867697,
        "fair_value": 40.343677,
        "relative_strength": -18.181836,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.042638,
        "energy": 43.414,
        "activity_lines": [
          36.365727,
          36.93261,
          37.423706,
          38.597997
        ]
      },
      {
        "date": "2024-08-30",
        "close": 37.886153,
        "volume": 4970217,
        "typical_volume": 10318685.9,
        "trend": 40.477105,
        "fair_value": 40.401777,
        "relative_strength": -17.870678,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.766233,
        "energy": 30.974103,
        "activity_lines": [
          36.793674,
          37.055221,
          37.427264,
          38.40564
        ]
      },
      {
        "date": "2024-09-06",
        "close": 35.654665,
        "volume": 5856277,
        "typical_volume": 10037756.6,
        "trend": 39.979362,
        "fair_value": 40.450929,
        "relative_strength": -17.429731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.796802,
        "energy": 28.735071,
        "activity_lines": [
          36.63901,
          36.790874,
          37.230282,
          38.094515
        ]
      },
      {
        "date": "2024-09-13",
        "close": 38.495635,
        "volume": 7561724,
        "typical_volume": 9792851.0,
        "trend": 39.619571,
        "fair_value": 40.49882,
        "relative_strength": -15.30655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.201478,
        "energy": 14.453417,
        "activity_lines": [
          37.380874,
          37.067554,
          37.314121,
          37.99879
        ]
      },
      {
        "date": "2024-09-20",
        "close": 39.124777,
        "volume": 22441066,
        "typical_volume": 10128140.15,
        "trend": 39.3417,
        "fair_value": 40.546333,
        "relative_strength": -14.602826,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.110136,
        "energy": 11.432046,
        "activity_lines": [
          38.040818,
          37.399283,
          37.455818,
          37.966868
        ]
      },
      {
        "date": "2024-09-27",
        "close": 37.915644,
        "volume": 14247915,
        "typical_volume": 10191691.3,
        "trend": 39.030733,
        "fair_value": 40.586663,
        "relative_strength": -17.472037,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.796114,
        "energy": 9.553966,
        "activity_lines": [
          38.050648,
          37.484182,
          37.470892,
          37.874864
        ]
      },
      {
        "date": "2024-10-04",
        "close": 36.952271,
        "volume": 8280173,
        "typical_volume": 10206800.65,
        "trend": 38.73484,
        "fair_value": 40.625039,
        "relative_strength": -19.049798,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.466659,
        "energy": 11.615282,
        "activity_lines": [
          37.762946,
          37.437532,
          37.402641,
          37.74077
        ]
      },
      {
        "date": "2024-10-11",
        "close": 35.536701,
        "volume": 10669529,
        "typical_volume": 10253002.3,
        "trend": 38.422235,
        "fair_value": 40.646023,
        "relative_strength": -22.441357,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.226426,
        "energy": 21.157079,
        "activity_lines": [
          37.065647,
          37.194455,
          37.213898,
          37.534439
        ]
      },
      {
        "date": "2024-10-18",
        "close": 36.696682,
        "volume": 13268574,
        "typical_volume": 10662308.2,
        "trend": 38.140432,
        "fair_value": 40.670599,
        "relative_strength": -19.543494,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.809417,
        "energy": 20.878134,
        "activity_lines": [
          36.762873,
          37.150665,
          37.150235,
          37.423113
        ]
      },
      {
        "date": "2024-10-25",
        "close": 38.308858,
        "volume": 12260404,
        "typical_volume": 10943891.6,
        "trend": 37.89369,
        "fair_value": 40.697191,
        "relative_strength": -15.578012,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.975599,
        "energy": 13.804495,
        "activity_lines": [
          37.11742,
          37.35317,
          37.249943,
          37.433979
        ]
      },
      {
        "date": "2024-11-01",
        "close": 35.920084,
        "volume": 32205319,
        "typical_volume": 11972408.05,
        "trend": 37.648914,
        "fair_value": 40.701917,
        "relative_strength": -19.177176,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.927195,
        "energy": 28.214883,
        "activity_lines": [
          36.730105,
          37.068805,
          37.119012,
          37.306649
        ]
      },
      {
        "date": "2024-11-08",
        "close": 38.525126,
        "volume": 27124744,
        "typical_volume": 12917109.4,
        "trend": 37.586328,
        "fair_value": 40.703934,
        "relative_strength": -17.45311,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.730997,
        "energy": 5.010692,
        "activity_lines": [
          37.344174,
          37.300801,
          37.242313,
          37.363179
        ]
      },
      {
        "date": "2024-11-15",
        "close": 33.79673,
        "volume": 17544289,
        "typical_volume": 13207058.05,
        "trend": 37.452635,
        "fair_value": 40.671733,
        "relative_strength": -24.518632,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.117751,
        "energy": 27.223564,
        "activity_lines": [
          36.277254,
          36.661471,
          36.917162,
          37.118689
        ]
      },
      {
        "date": "2024-11-22",
        "close": 35.684156,
        "volume": 12665674,
        "typical_volume": 13467248.55,
        "trend": 37.373337,
        "fair_value": 40.655664,
        "relative_strength": -21.319611,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.717856,
        "energy": 34.652885,
        "activity_lines": [
          35.955474,
          36.39909,
          36.787027,
          37.004593
        ]
      },
      {
        "date": "2024-11-29",
        "close": 37.591243,
        "volume": 8363805,
        "typical_volume": 13312064.45,
        "trend": 37.4025,
        "fair_value": 40.650938,
        "relative_strength": -17.146872,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.124389,
        "energy": 18.203914,
        "activity_lines": [
          36.336891,
          36.53457,
          36.836366,
          37.018652
        ]
      },
      {
        "date": "2024-12-06",
        "close": 38.495635,
        "volume": 10264809,
        "typical_volume": 13238260.15,
        "trend": 37.362851,
        "fair_value": 40.647409,
        "relative_strength": -17.34072,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.949248,
        "energy": 11.321868,
        "activity_lines": [
          37.067613,
          36.862368,
          36.972072,
          37.089177
        ]
      },
      {
        "date": "2024-12-13",
        "close": 34.524175,
        "volume": 12172701,
        "typical_volume": 13122086.75,
        "trend": 37.181645,
        "fair_value": 40.618422,
        "relative_strength": -25.722595,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.835168,
        "energy": 20.608221,
        "activity_lines": [
          36.302812,
          36.457536,
          36.738203,
          36.906036
        ]
      },
      {
        "date": "2024-12-20",
        "close": 33.010302,
        "volume": 16037835,
        "typical_volume": 13229457.65,
        "trend": 36.995196,
        "fair_value": 40.574249,
        "relative_strength": -26.633335,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.695732,
        "energy": 30.941295,
        "activity_lines": [
          35.300117,
          35.821602,
          36.387681,
          36.636917
        ]
      },
      {
        "date": "2024-12-27",
        "close": 33.118436,
        "volume": 3963854,
        "typical_volume": 12707381.85,
        "trend": 36.807109,
        "fair_value": 40.529193,
        "relative_strength": -26.340214,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.93946,
        "energy": 49.174937,
        "activity_lines": [
          34.385895,
          35.251263,
          36.056445,
          36.386804
        ]
      },
      {
        "date": "2025-01-03",
        "close": 33.374025,
        "volume": 5897134,
        "typical_volume": 12670112.8,
        "trend": 36.664569,
        "fair_value": 40.503105,
        "relative_strength": -24.500568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.184336,
        "energy": 58.34314,
        "activity_lines": [
          33.727917,
          34.792454,
          35.754326,
          36.165314
        ]
      },
      {
        "date": "2025-01-10",
        "close": 34.396381,
        "volume": 7857695,
        "typical_volume": 12682686.9,
        "trend": 36.570853,
        "fair_value": 40.48168,
        "relative_strength": -19.797623,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.989926,
        "energy": 53.895741,
        "activity_lines": [
          33.691873,
          34.609253,
          35.559311,
          36.01898
        ]
      },
      {
        "date": "2025-01-17",
        "close": 36.018388,
        "volume": 12233240,
        "typical_volume": 13045838.05,
        "trend": 36.474188,
        "fair_value": 40.485524,
        "relative_strength": -17.763732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.885105,
        "energy": 30.757777,
        "activity_lines": [
          34.469781,
          34.748665,
          35.537216,
          35.983337
        ]
      },
      {
        "date": "2025-01-24",
        "close": 38.200725,
        "volume": 12952123,
        "typical_volume": 13400630.35,
        "trend": 36.514165,
        "fair_value": 40.49882,
        "relative_strength": -13.422925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.271942,
        "energy": 9.37545,
        "activity_lines": [
          35.87552,
          35.330443,
          35.731857,
          36.094726
        ]
      },
      {
        "date": "2025-01-31",
        "close": 36.431262,
        "volume": 8349953,
        "typical_volume": 13440041.8,
        "trend": 36.554142,
        "fair_value": 40.500458,
        "relative_strength": -15.363254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.226019,
        "energy": 17.534981,
        "activity_lines": [
          36.345411,
          35.510427,
          35.745853,
          36.089378
        ]
      },
      {
        "date": "2025-02-07",
        "close": 36.578717,
        "volume": 11633804,
        "typical_volume": 12899678.7,
        "trend": 36.518752,
        "fair_value": 40.495858,
        "relative_strength": -14.192389,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.296905,
        "energy": 13.711231,
        "activity_lines": [
          36.643598,
          35.703638,
          35.783723,
          36.090963
        ]
      },
      {
        "date": "2025-02-14",
        "close": 37.374975,
        "volume": 7625626,
        "typical_volume": 12568564.25,
        "trend": 36.420777,
        "fair_value": 40.501845,
        "relative_strength": -13.877264,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.872441,
        "energy": 21.622253,
        "activity_lines": [
          36.993558,
          36.060033,
          35.909552,
          36.146203
        ]
      },
      {
        "date": "2025-02-21",
        "close": 34.67163,
        "volume": 13740710,
        "typical_volume": 12841591.1,
        "trend": 36.233017,
        "fair_value": 40.488927,
        "relative_strength": -17.418857,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.803898,
        "energy": 5.045571,
        "activity_lines": [
          36.24383,
          35.945286,
          35.780493,
          36.033355
        ]
      },
      {
        "date": "2025-02-28",
        "close": 32.39099,
        "volume": 13208676,
        "typical_volume": 12968548.45,
        "trend": 36.149459,
        "fair_value": 40.465737,
        "relative_strength": -19.29739,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.802559,
        "energy": 32.599222,
        "activity_lines": [
          34.823673,
          35.413196,
          35.445091,
          35.785483
        ]
      },
      {
        "date": "2025-03-07",
        "close": 27.657529,
        "volume": 19849268,
        "typical_volume": 13297583.15,
        "trend": 35.934006,
        "fair_value": 40.417057,
        "relative_strength": -27.94004,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -79.555271,
        "energy": 71.116372,
        "activity_lines": [
          32.213011,
          34.031737,
          34.673863,
          35.237616
        ]
      },
      {
        "date": "2025-03-14",
        "close": 29.509904,
        "volume": 23732300,
        "typical_volume": 13871177.95,
        "trend": 35.737045,
        "fair_value": 40.362103,
        "relative_strength": -20.333161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.812633,
        "energy": 77.934693,
        "activity_lines": [
          30.804723,
          33.086363,
          34.122095,
          34.823158
        ]
      },
      {
        "date": "2025-03-21",
        "close": 29.312843,
        "volume": 49348687,
        "typical_volume": 14728346.35,
        "trend": 35.438488,
        "fair_value": 40.300025,
        "relative_strength": -20.252018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.451571,
        "energy": 82.674202,
        "activity_lines": [
          29.802002,
          32.175416,
          33.593459,
          34.408693
        ]
      },
      {
        "date": "2025-03-28",
        "close": 27.736354,
        "volume": 12868842,
        "typical_volume": 14015551.25,
        "trend": 35.100161,
        "fair_value": 40.22885,
        "relative_strength": -21.866777,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.190845,
        "energy": 86.330109,
        "activity_lines": [
          28.81126,
          31.070263,
          32.946144,
          33.911781
        ]
      },
      {
        "date": "2025-04-04",
        "close": 23.282772,
        "volume": 18284004,
        "typical_volume": 14052537.0,
        "trend": 34.687765,
        "fair_value": 40.15137,
        "relative_strength": -26.415076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.417789,
        "energy": 90.723662,
        "activity_lines": [
          26.798343,
          29.30595,
          31.926054,
          33.149369
        ]
      },
      {
        "date": "2025-04-11",
        "close": 24.327196,
        "volume": 21225133,
        "typical_volume": 14480509.95,
        "trend": 34.215484,
        "fair_value": 40.071574,
        "relative_strength": -27.75529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.615334,
        "energy": 83.921653,
        "activity_lines": [
          25.740781,
          28.002768,
          31.055499,
          32.480945
        ]
      },
      {
        "date": "2025-04-18",
        "close": 22.977327,
        "volume": 13278439,
        "typical_volume": 14726241.65,
        "trend": 33.677235,
        "fair_value": 39.986466,
        "relative_strength": -29.449181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.333746,
        "energy": 81.998495,
        "activity_lines": [
          24.455286,
          26.674229,
          30.110466,
          31.755903
        ]
      },
      {
        "date": "2025-04-25",
        "close": 24.711465,
        "volume": 11989826,
        "typical_volume": 14812492.5,
        "trend": 33.237096,
        "fair_value": 39.92369,
        "relative_strength": -28.004017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.746285,
        "energy": 70.242582,
        "activity_lines": [
          24.183341,
          25.908286,
          29.400179,
          31.177466
        ]
      },
      {
        "date": "2025-05-02",
        "close": 26.898844,
        "volume": 11081311,
        "typical_volume": 14757923.0,
        "trend": 32.901982,
        "fair_value": 39.880229,
        "relative_strength": -23.637099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.931534,
        "energy": 54.35029,
        "activity_lines": [
          24.947282,
          25.770294,
          28.963853,
          30.768547
        ]
      },
      {
        "date": "2025-05-09",
        "close": 26.534281,
        "volume": 9460272,
        "typical_volume": 14429044.85,
        "trend": 32.601901,
        "fair_value": 39.825924,
        "relative_strength": -23.808477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.913011,
        "energy": 46.126857,
        "activity_lines": [
          25.645535,
          25.707341,
          28.529117,
          30.357727
        ]
      },
      {
        "date": "2025-05-16",
        "close": 29.500051,
        "volume": 10899870,
        "typical_volume": 14775845.65,
        "trend": 32.362013,
        "fair_value": 39.801216,
        "relative_strength": -20.041649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.894365,
        "energy": 25.917718,
        "activity_lines": [
          27.115611,
          26.290104,
          28.407674,
          30.157608
        ]
      },
      {
        "date": "2025-05-23",
        "close": 26.91855,
        "volume": 6397089,
        "typical_volume": 14800843.4,
        "trend": 31.982337,
        "fair_value": 39.744964,
        "relative_strength": -24.626087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.347806,
        "energy": 23.459854,
        "activity_lines": [
          27.38033,
          26.370003,
          28.057605,
          29.806417
        ]
      },
      {
        "date": "2025-05-30",
        "close": 26.553987,
        "volume": 5817026,
        "typical_volume": 14698809.95,
        "trend": 31.670133,
        "fair_value": 39.682152,
        "relative_strength": -26.346233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.707299,
        "energy": 20.95378,
        "activity_lines": [
          27.26078,
          26.430734,
          27.703555,
          29.456201
        ]
      },
      {
        "date": "2025-06-06",
        "close": 27.875744,
        "volume": 6868541,
        "typical_volume": 14430575.0,
        "trend": 31.315154,
        "fair_value": 39.63695,
        "relative_strength": -23.639565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.772678,
        "energy": 20.071699,
        "activity_lines": [
          27.45898,
          26.781945,
          27.512731,
          29.211401
        ]
      },
      {
        "date": "2025-06-13",
        "close": 26.384164,
        "volume": 6963031,
        "typical_volume": 14131120.4,
        "trend": 31.068068,
        "fair_value": 39.609598,
        "relative_strength": -26.745878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.235574,
        "energy": 24.551887,
        "activity_lines": [
          27.094861,
          26.859426,
          27.218627,
          28.893273
        ]
      },
      {
        "date": "2025-06-20",
        "close": 25.890264,
        "volume": 11013798,
        "typical_volume": 14264312.65,
        "trend": 30.741605,
        "fair_value": 39.55816,
        "relative_strength": -27.437975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.121476,
        "energy": 30.950347,
        "activity_lines": [
          26.576115,
          26.790717,
          26.933754,
          28.559221
        ]
      },
      {
        "date": "2025-06-27",
        "close": 28.033792,
        "volume": 9427252,
        "typical_volume": 14153985.05,
        "trend": 30.423024,
        "fair_value": 39.530481,
        "relative_strength": -23.990318,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.884184,
        "energy": 20.136562,
        "activity_lines": [
          27.012532,
          27.083322,
          26.903222,
          28.384523
        ]
      },
      {
        "date": "2025-07-04",
        "close": 28.547448,
        "volume": 6644587,
        "typical_volume": 14104933.1,
        "trend": 30.091417,
        "fair_value": 39.509057,
        "relative_strength": -23.288725,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.89412,
        "energy": 13.214359,
        "activity_lines": [
          27.545818,
          27.377382,
          26.9623,
          28.263519
        ]
      },
      {
        "date": "2025-07-11",
        "close": 30.02915,
        "volume": 9523015,
        "typical_volume": 13894048.35,
        "trend": 29.941583,
        "fair_value": 39.494988,
        "relative_strength": -18.490396,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.645376,
        "energy": 10.034841,
        "activity_lines": [
          28.440107,
          27.871098,
          27.204528,
          28.259501
        ]
      },
      {
        "date": "2025-07-18",
        "close": 30.02915,
        "volume": 7365812,
        "typical_volume": 13601905.15,
        "trend": 29.842211,
        "fair_value": 39.462519,
        "relative_strength": -18.768429,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.687691,
        "energy": 22.861802,
        "activity_lines": [
          29.190836,
          28.307899,
          27.468863,
          28.265151
        ]
      },
      {
        "date": "2025-07-25",
        "close": 31.263901,
        "volume": 8157116,
        "typical_volume": 13017297.55,
        "trend": 29.780394,
        "fair_value": 39.419627,
        "relative_strength": -15.392417,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.188293,
        "energy": 51.251964,
        "activity_lines": [
          30.11015,
          28.905658,
          27.86204,
          28.356873
        ]
      },
      {
        "date": "2025-08-01",
        "close": 25.020999,
        "volume": 18150008,
        "typical_volume": 12738182.95,
        "trend": 29.501959,
        "fair_value": 39.319766,
        "relative_strength": -30.07962,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.405663,
        "energy": 19.098308,
        "activity_lines": [
          28.590253,
          28.336273,
          27.643482,
          28.049815
        ]
      },
      {
        "date": "2025-08-08",
        "close": 24.052954,
        "volume": 14624143,
        "typical_volume": 11001955.75,
        "trend": 29.157179,
        "fair_value": 39.201979,
        "relative_strength": -34.534269,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.876608,
        "energy": 25.874618,
        "activity_lines": [
          26.948528,
          27.625381,
          27.354105,
          27.698266
        ]
      },
      {
        "date": "2025-08-15",
        "close": 23.885028,
        "volume": 13078059,
        "typical_volume": 11012416.6,
        "trend": 28.752733,
        "fair_value": 39.093954,
        "relative_strength": -34.644979,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.256641,
        "energy": 44.409806,
        "activity_lines": [
          25.55046,
          26.92943,
          27.073782,
          27.358128
        ]
      },
      {
        "date": "2025-08-22",
        "close": 24.616,
        "volume": 11372328,
        "typical_volume": 10666832.8,
        "trend": 28.299909,
        "fair_value": 38.992946,
        "relative_strength": -31.236732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.16431,
        "energy": 49.848198,
        "activity_lines": [
          24.805658,
          26.438942,
          26.881415,
          27.091241
        ]
      },
      {
        "date": "2025-08-29",
        "close": 23.944296,
        "volume": 9184860,
        "typical_volume": 10064819.15,
        "trend": 27.883677,
        "fair_value": 38.89469,
        "relative_strength": -32.136339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.554612,
        "energy": 70.22228,
        "activity_lines": [
          24.197831,
          25.858475,
          26.618727,
          26.810234
        ]
      },
      {
        "date": "2025-09-05",
        "close": 23.490853,
        "volume": 8394033,
        "typical_volume": 9820598.85,
        "trend": 27.447415,
        "fair_value": 38.77708,
        "relative_strength": -33.263821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.072609,
        "energy": 71.029942,
        "activity_lines": [
          23.926831,
          25.230944,
          26.314678,
          26.526826
        ]
      },
      {
        "date": "2025-09-12",
        "close": 22.797323,
        "volume": 9706670,
        "typical_volume": 9706441.05,
        "trend": 26.961493,
        "fair_value": 38.660255,
        "relative_strength": -35.540548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.408747,
        "energy": 68.353345,
        "activity_lines": [
          23.526663,
          24.559916,
          25.942133,
          26.22682
        ]
      },
      {
        "date": "2025-09-19",
        "close": 22.36139,
        "volume": 11172681,
        "typical_volume": 9711009.55,
        "trend": 26.551152,
        "fair_value": 38.552294,
        "relative_strength": -37.225938,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.681463,
        "energy": 65.771029,
        "activity_lines": [
          23.064893,
          23.914175,
          25.537185,
          25.930039
        ]
      },
      {
        "date": "2025-09-26",
        "close": 20.369968,
        "volume": 11695686,
        "typical_volume": 9822780.25,
        "trend": 26.150451,
        "fair_value": 38.428731,
        "relative_strength": -41.72711,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.186094,
        "energy": 77.259288,
        "activity_lines": [
          22.040891,
          23.045771,
          24.964186,
          25.531253
        ]
      },
      {
        "date": "2025-10-03",
        "close": 21.489524,
        "volume": 11883232,
        "typical_volume": 9871948.35,
        "trend": 25.944851,
        "fair_value": 38.297725,
        "relative_strength": -38.439658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.35383,
        "energy": 73.261793,
        "activity_lines": [
          21.673144,
          22.556544,
          24.527164,
          25.230548
        ]
      },
      {
        "date": "2025-10-10",
        "close": 21.400356,
        "volume": 11400780,
        "typical_volume": 10122132.9,
        "trend": 25.674532,
        "fair_value": 38.177742,
        "relative_strength": -36.51061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.681915,
        "energy": 71.491993,
        "activity_lines": [
          21.439326,
          22.228821,
          24.119796,
          24.937355
        ]
      },
      {
        "date": "2025-10-17",
        "close": 20.944607,
        "volume": 9550927,
        "typical_volume": 10308827.95,
        "trend": 25.395591,
        "fair_value": 38.061518,
        "relative_strength": -38.521773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.683179,
        "energy": 69.667311,
        "activity_lines": [
          21.192957,
          21.884064,
          23.6953,
          24.632199
        ]
      },
      {
        "date": "2025-10-24",
        "close": 22.262314,
        "volume": 11284801,
        "typical_volume": 10529640.95,
        "trend": 25.213123,
        "fair_value": 37.934647,
        "relative_strength": -35.126802,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.593884,
        "energy": 47.456097,
        "activity_lines": [
          21.509339,
          21.835406,
          23.423011,
          24.430052
        ]
      },
      {
        "date": "2025-10-31",
        "close": 21.548969,
        "volume": 9900997,
        "typical_volume": 10676539.25,
        "trend": 25.15533,
        "fair_value": 37.784361,
        "relative_strength": -37.54005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.00514,
        "energy": 51.276565,
        "activity_lines": [
          21.594544,
          21.686552,
          23.109515,
          24.193655
        ]
      },
      {
        "date": "2025-11-07",
        "close": 18.106088,
        "volume": 24426318,
        "typical_volume": 11347165.25,
        "trend": 24.94796,
        "fair_value": 37.607721,
        "relative_strength": -44.975023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.579901,
        "energy": 67.996378,
        "activity_lines": [
          20.453522,
          20.967485,
          22.491151,
          23.738865
        ]
      },
      {
        "date": "2025-11-14",
        "close": 17.407604,
        "volume": 22305718,
        "typical_volume": 11991088.55,
        "trend": 24.762302,
        "fair_value": 37.421436,
        "relative_strength": -46.258452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.142302,
        "energy": 85.532453,
        "activity_lines": [
          19.305234,
          20.227569,
          21.843332,
          23.25239
        ]
      },
      {
        "date": "2025-11-21",
        "close": 17.447234,
        "volume": 29810827,
        "typical_volume": 13149400.55,
        "trend": 24.520161,
        "fair_value": 37.230679,
        "relative_strength": -43.577328,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.585199,
        "energy": 88.666313,
        "activity_lines": [
          18.43634,
          19.605464,
          21.249888,
          22.780451
        ]
      },
      {
        "date": "2025-11-28",
        "close": 19.567455,
        "volume": 19127993,
        "typical_volume": 13629649.45,
        "trend": 24.275781,
        "fair_value": 37.050867,
        "relative_strength": -38.746327,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.713663,
        "energy": 70.756361,
        "activity_lines": [
          18.507345,
          19.466127,
          20.911228,
          22.460921
        ]
      },
      {
        "date": "2025-12-05",
        "close": 20.487506,
        "volume": 15561996,
        "typical_volume": 14039458.65,
        "trend": 24.074222,
        "fair_value": 36.890752,
        "relative_strength": -35.525482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.556658,
        "energy": 51.423506,
        "activity_lines": [
          19.06469,
          19.544872,
          20.710009,
          22.216516
        ]
      },
      {
        "date": "2025-12-12",
        "close": 20.278754,
        "volume": 13048896,
        "typical_volume": 14284047.65,
        "trend": 23.766846,
        "fair_value": 36.733396,
        "relative_strength": -34.141891,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.895518,
        "energy": 34.881594,
        "activity_lines": [
          19.623215,
          19.583524,
          20.534346,
          21.971647
        ]
      },
      {
        "date": "2025-12-19",
        "close": 18.747907,
        "volume": 17357946,
        "typical_volume": 14244444.55,
        "trend": 23.494491,
        "fair_value": 36.565785,
        "relative_strength": -38.662121,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.028445,
        "energy": 30.007863,
        "activity_lines": [
          19.526614,
          19.365855,
          20.265198,
          21.647845
        ]
      },
      {
        "date": "2025-12-26",
        "close": 19.622677,
        "volume": 5332990,
        "typical_volume": 13779886.9,
        "trend": 23.263447,
        "fair_value": 36.406932,
        "relative_strength": -35.782464,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.756532,
        "energy": 24.841245,
        "activity_lines": [
          19.632249,
          19.355461,
          20.109233,
          21.39805
        ]
      },
      {
        "date": "2026-01-02",
        "close": 19.354282,
        "volume": 6487005,
        "typical_volume": 13450334.2,
        "trend": 22.979399,
        "fair_value": 36.248124,
        "relative_strength": -34.699206,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.220511,
        "energy": 26.655656,
        "activity_lines": [
          19.50339,
          19.320303,
          19.948803,
          21.145846
        ]
      },
      {
        "date": "2026-01-09",
        "close": 21.749958,
        "volume": 11846166,
        "typical_volume": 13474026.1,
        "trend": 22.824925,
        "fair_value": 36.096606,
        "relative_strength": -27.232394,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.251224,
        "energy": 16.138057,
        "activity_lines": [
          20.187301,
          19.773596,
          20.038108,
          21.066527
        ]
      },
      {
        "date": "2026-01-16",
        "close": 22.366273,
        "volume": 7320115,
        "typical_volume": 13380788.85,
        "trend": 22.707459,
        "fair_value": 35.949922,
        "relative_strength": -23.491545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 0.174329,
        "energy": 9.374741,
        "activity_lines": [
          20.992487,
          20.335291,
          20.199758,
          21.036937
        ]
      },
      {
        "date": "2026-01-23",
        "close": 20.994475,
        "volume": 6015557,
        "typical_volume": 13261865.05,
        "trend": 22.472815,
        "fair_value": 35.782849,
        "relative_strength": -27.198792,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.280631,
        "energy": 15.610794,
        "activity_lines": [
          21.201239,
          20.570111,
          20.238274,
          20.926422
        ]
      },
      {
        "date": "2026-01-30",
        "close": 19.910953,
        "volume": 9894813,
        "typical_volume": 13271272.2,
        "trend": 22.184932,
        "fair_value": 35.609775,
        "relative_strength": -29.750671,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.711013,
        "energy": 15.912551,
        "activity_lines": [
          20.899045,
          20.542711,
          20.185486,
          20.761141
        ]
      },
      {
        "date": "2026-02-06",
        "close": 22.1277,
        "volume": 10844968,
        "typical_volume": 13254886.55,
        "trend": 21.92155,
        "fair_value": 35.432322,
        "relative_strength": -19.205469,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.602443,
        "energy": 13.197707,
        "activity_lines": [
          21.316549,
          20.873562,
          20.357561,
          20.757448
        ]
      },
      {
        "date": "2026-02-13",
        "close": 21.491503,
        "volume": 5679065,
        "typical_volume": 12954055.5,
        "trend": 21.636962,
        "fair_value": 35.243355,
        "relative_strength": -19.343474,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.251603,
        "energy": 11.573859,
        "activity_lines": [
          21.337093,
          21.04219,
          20.470158,
          20.729703
        ]
      },
      {
        "date": "2026-02-20",
        "close": 22.674431,
        "volume": 7926534,
        "typical_volume": 12756220.6,
        "trend": 21.350646,
        "fair_value": 35.07218,
        "relative_strength": -14.793898,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.949383,
        "energy": 24.850775,
        "activity_lines": [
          21.769177,
          21.407641,
          20.690075,
          20.796637
        ]
      },
      {
        "date": "2026-02-27",
        "close": 21.481563,
        "volume": 14311279,
        "typical_volume": 12901745.55,
        "trend": 21.232665,
        "fair_value": 34.876532,
        "relative_strength": -18.039982,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 14.266697,
        "energy": 26.247294,
        "activity_lines": [
          21.783093,
          21.51265,
          20.790742,
          20.805083
        ]
      },
      {
        "date": "2026-03-06",
        "close": 19.208126,
        "volume": 10497088,
        "typical_volume": 12949053.6,
        "trend": 21.071171,
        "fair_value": 34.687233,
        "relative_strength": -24.973799,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -10.618064,
        "energy": 6.599347,
        "activity_lines": [
          21.006725,
          21.154603,
          20.674506,
          20.674468
        ]
      },
      {
        "date": "2026-03-13",
        "close": 17.941547,
        "volume": 9301591,
        "typical_volume": 12849893.1,
        "trend": 20.873055,
        "fair_value": 34.513193,
        "relative_strength": -28.186548,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.812367,
        "energy": 28.863343,
        "activity_lines": [
          19.85502,
          20.573807,
          20.445911,
          20.472556
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.984132,
        "volume": 13169871,
        "typical_volume": 13013336.8,
        "trend": 20.618659,
        "fair_value": 34.343539,
        "relative_strength": -29.624891,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -70.984807,
        "energy": 58.334283,
        "activity_lines": [
          18.663252,
          19.844621,
          20.146709,
          20.221658
        ]
      },
      {
        "date": "2026-03-27",
        "close": 17.063917,
        "volume": 8774980,
        "typical_volume": 12230769.9,
        "trend": 20.389313,
        "fair_value": 34.157508,
        "relative_strength": -25.938755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.426941,
        "energy": 70.829008,
        "activity_lines": [
          17.798571,
          19.216593,
          19.876843,
          19.99232
        ]
      },
      {
        "date": "2026-04-03",
        "close": 17.343163,
        "volume": 9477473,
        "typical_volume": 11589357.65,
        "trend": 20.18439,
        "fair_value": 34.014732,
        "relative_strength": -26.724783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.991484,
        "energy": 72.287072,
        "activity_lines": [
          17.401007,
          18.735744,
          19.638535,
          19.795794
        ]
      },
      {
        "date": "2026-04-10",
        "close": 18.609742,
        "volume": 8939280,
        "typical_volume": 10545780.3,
        "trend": 20.044804,
        "fair_value": 33.865329,
        "relative_strength": -23.886113,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.201991,
        "energy": 64.588966,
        "activity_lines": [
          17.701528,
          18.551569,
          19.52116,
          19.694204
        ]
      },
      {
        "date": "2026-04-17",
        "close": 20.175514,
        "volume": 8221340,
        "typical_volume": 10000447.65,
        "trend": 19.971941,
        "fair_value": 33.727791,
        "relative_strength": -21.498491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.138595,
        "energy": 28.816637,
        "activity_lines": [
          18.563866,
          18.675739,
          19.547371,
          19.702637
        ]
      },
      {
        "date": "2026-04-24",
        "close": 22.598969,
        "volume": 18295581,
        "typical_volume": 10137126.9,
        "trend": 20.046241,
        "fair_value": 33.586568,
        "relative_strength": -13.186692,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.123094,
        "energy": 14.676842,
        "activity_lines": [
          20.085091,
          19.276031,
          19.801491,
          19.872122
        ]
      },
      {
        "date": "2026-05-01",
        "close": 22.628888,
        "volume": 14702113,
        "typical_volume": 10219787.75,
        "trend": 20.08422,
        "fair_value": 33.452657,
        "relative_strength": -13.476737,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.765748,
        "energy": 30.730262,
        "activity_lines": [
          21.241967,
          19.861626,
          20.048406,
          20.038745
        ]
      },
      {
        "date": "2026-05-08",
        "close": 28.024317,
        "volume": 22888115,
        "typical_volume": 10496296.2,
        "trend": 20.305019,
        "fair_value": 33.354845,
        "relative_strength": 2.33648,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.098883,
        "energy": 75.554971,
        "activity_lines": [
          23.826321,
          21.429038,
          20.797981,
          20.551009
        ]
      },
      {
        "date": "2026-05-15",
        "close": 24.414067,
        "volume": 17649763,
        "typical_volume": 11112134.85,
        "trend": 20.420668,
        "fair_value": 33.22658,
        "relative_strength": -9.548689,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.140245,
        "energy": 74.698603,
        "activity_lines": [
          24.495181,
          22.22108,
          21.159548,
          20.816109
        ]
      },
      {
        "date": "2026-05-22",
        "close": 24.713259,
        "volume": 10326576,
        "typical_volume": 11304113.4,
        "trend": 20.502366,
        "fair_value": 33.101557,
        "relative_strength": -8.680301,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.351623,
        "energy": 75.124476,
        "activity_lines": [
          24.876817,
          22.972868,
          21.526794,
          21.09305
        ]
      },
      {
        "date": "2026-05-29",
        "close": 25.6607,
        "volume": 6054925,
        "typical_volume": 11014551.35,
        "trend": 20.639423,
        "fair_value": 32.985065,
        "relative_strength": -7.060834,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.719134,
        "energy": 77.387947,
        "activity_lines": [
          25.271751,
          23.773796,
          21.958754,
          21.425846
        ]
      },
      {
        "date": "2026-06-05",
        "close": 26.21,
        "volume": 10724918,
        "typical_volume": 11184791.5,
        "trend": 20.909554,
        "fair_value": 32.852496,
        "relative_strength": 0.210533,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.033293,
        "energy": 64.319399,
        "activity_lines": [
          25.645669,
          24.516841,
          22.424405,
          21.785238
        ]
      },
      {
        "date": "2026-06-12",
        "close": 28.13,
        "volume": 9576766,
        "typical_volume": 11362851.95,
        "trend": 21.266967,
        "fair_value": 32.736708,
        "relative_strength": 5.741123,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.118197,
        "energy": 71.051712,
        "activity_lines": [
          26.420846,
          25.442684,
          23.05461,
          22.251073
        ]
      },
      {
        "date": "2026-06-19",
        "close": 28.84,
        "volume": 7934596,
        "typical_volume": 11264841.1,
        "trend": 21.646726,
        "fair_value": 32.631333,
        "relative_strength": 6.16275,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.15915,
        "energy": 79.063842,
        "activity_lines": [
          27.425644,
          26.301494,
          23.718455,
          22.739656
        ]
      },
      {
        "date": "2026-06-26",
        "close": 28.86,
        "volume": 11201107,
        "typical_volume": 11282648.05,
        "trend": 21.956477,
        "fair_value": 32.515184,
        "relative_strength": 11.855633,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.716781,
        "energy": 77.967747,
        "activity_lines": [
          28.142047,
          26.977936,
          24.341686,
          23.205029
        ]
      },
      {
        "date": "2026-07-03",
        "close": 26.66,
        "volume": 8097059,
        "typical_volume": 11403547.75,
        "trend": 22.162227,
        "fair_value": 32.388146,
        "relative_strength": 3.213672,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.751431,
        "energy": 60.81264,
        "activity_lines": [
          27.848667,
          27.096477,
          24.723335,
          23.508482
        ]
      },
      {
        "date": "2026-07-10",
        "close": 26.24,
        "volume": 8921550,
        "typical_volume": 11453298.55,
        "trend": 22.360935,
        "fair_value": 32.259929,
        "relative_strength": 0.753719,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.6658,
        "energy": 47.763015,
        "activity_lines": [
          27.348667,
          27.064819,
          25.040371,
          23.771564
        ]
      },
      {
        "date": "2026-07-17",
        "close": 27.225,
        "volume": 7755038,
        "typical_volume": 11125486.5,
        "trend": 22.643505,
        "fair_value": 32.132228,
        "relative_strength": 9.929729,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.077578,
        "energy": 40.481792,
        "activity_lines": [
          27.175,
          27.146594,
          25.434238,
          24.085375
        ]
      },
      {
        "date": "2026-07-24",
        "close": 26.5,
        "volume": 11295811,
        "typical_volume": 11165422.65,
        "trend": 22.872749,
        "fair_value": 32.002526,
        "relative_strength": 9.726015,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.407788,
        "energy": 28.684788,
        "activity_lines": [
          26.82,
          27.111085,
          25.731708,
          24.334181
        ]
      },
      {
        "date": "2026-07-31",
        "close": 24.28,
        "volume": 12125774,
        "typical_volume": 11306631.8,
        "trend": 23.03694,
        "fair_value": 31.8838,
        "relative_strength": 0.534884,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.450827,
        "energy": 20.186373,
        "activity_lines": [
          25.881,
          26.634013,
          25.783026,
          24.424971
        ]
      },
      {
        "date": "2026-08-07",
        "close": 24.37,
        "volume": 13927432,
        "typical_volume": 11344509.85,
        "trend": 23.124275,
        "fair_value": 31.773086,
        "relative_strength": -3.543442,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.228161,
        "energy": 19.713948,
        "activity_lines": [
          25.277333,
          26.181182,
          25.812732,
          24.510975
        ]
      }
    ],
    "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."
    }
  }
}