{
  "ticker": {
    "uuid": "21d79e84-843c-4b4a-9faa-7ecc07a723ad",
    "symbol": "4129",
    "name": "United Orthopedic Corporation",
    "exchange": "TWO",
    "country": "TW",
    "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": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.02,
    "architecture_energy": 42.52,
    "architecture_maturity": 78.659,
    "architecture_confidence": 89.659,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 24.4,
        "rotation_up": 26.03,
        "upward_expansion": 5.95,
        "deceleration": 57.5,
        "rotation_down": 45.69,
        "downward_expansion": 76.95
      },
      "activity_lines": [
        85.715296,
        86.270039,
        87.361557,
        90.09152
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 85.199997,
    "trend_reference": 94.164797,
    "distance_from_trend": -0.095203,
    "trend_direction": "Weakening",
    "fair_value": 89.314103,
    "distance_from_fair_value": -0.046063,
    "fair_value_direction": "Weakening",
    "relative_strength": -41.686991,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.181765,
    "excess_performance": -0.623137,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.095203,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.082344,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.046063,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.062578,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.41687,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.011595,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.181765,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.4792,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 608224,
      "relative_activity": 0.522452,
      "balance": 0.4792,
      "dry_up": 0.594858,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.047079,
      "annualized_volatility": 0.305701,
      "from_high_reference": -0.318656,
      "from_low_reference": 0.032221
    },
    "levels": {
      "trend_reference": 94.164797,
      "fair_value_reference": 89.314103,
      "structural_low": 82.540467,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 22,
        "median_return": -0.008686,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.636364,
        "median_excess_return": 0.008963,
        "regime_survival": 0.863636,
        "best_return": 0.129943,
        "worst_return": -0.114563,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.023429,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.061529,
        "regime_survival": 0.571429,
        "best_return": 0.123228,
        "worst_return": -0.170507,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.058419,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.128197,
        "regime_survival": 0.0,
        "best_return": 0.096912,
        "worst_return": -0.025421,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.212548,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.092041,
        "regime_survival": 0.333333,
        "best_return": 1.607284,
        "worst_return": -0.072578,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-10",
        "end": "2024-04-12",
        "tenure": "Established",
        "return": 0.222222,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-19",
        "end": "2024-06-14",
        "tenure": "Developing",
        "return": 0.068743,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-21",
        "end": "2024-06-21",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-06-28",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": -0.133244,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-02",
        "end": "2024-12-20",
        "tenure": "Established",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-27",
        "end": "2025-05-16",
        "tenure": "Established",
        "return": 0.080937,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-06-06",
        "tenure": "New",
        "return": 0.085,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2025-07-04",
        "tenure": "New",
        "return": -0.014354,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-11",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.019231,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.168269,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.058333,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-01-16",
        "end": "2026-02-06",
        "tenure": "New",
        "return": -0.013514,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-13",
        "end": "2026-02-13",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-27",
        "end": "2026-08-14",
        "tenure": "Established",
        "return": -0.174223,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 59.483936,
        "volume": 7775000,
        "typical_volume": 11736500.0,
        "trend": 52.43298,
        "fair_value": 32.218533,
        "relative_strength": 29.355584,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.756085,
        "energy": 29.692886,
        "activity_lines": [
          61.745178,
          62.5248,
          60.561781,
          57.27332
        ]
      },
      {
        "date": "2023-08-18",
        "close": 59.396069,
        "volume": 4710000,
        "typical_volume": 11813150.0,
        "trend": 53.131714,
        "fair_value": 32.418073,
        "relative_strength": 29.149482,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.781704,
        "energy": 20.992305,
        "activity_lines": [
          60.820916,
          61.829405,
          60.712726,
          57.722551
        ]
      },
      {
        "date": "2023-08-25",
        "close": 57.287334,
        "volume": 3219000,
        "typical_volume": 11870450.0,
        "trend": 53.726069,
        "fair_value": 32.605691,
        "relative_strength": 22.303084,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.708357,
        "energy": 19.391,
        "activity_lines": [
          59.284776,
          60.823464,
          60.599137,
          57.990656
        ]
      },
      {
        "date": "2023-09-01",
        "close": 59.923252,
        "volume": 2697000,
        "typical_volume": 11201150.0,
        "trend": 54.392665,
        "fair_value": 32.809408,
        "relative_strength": 25.074959,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.752974,
        "energy": 16.005974,
        "activity_lines": [
          59.103189,
          60.491651,
          60.690232,
          58.390474
        ]
      },
      {
        "date": "2023-09-08",
        "close": 59.571804,
        "volume": 1773000,
        "typical_volume": 10522350.0,
        "trend": 55.019139,
        "fair_value": 33.015389,
        "relative_strength": 23.45341,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.024523,
        "energy": 13.651705,
        "activity_lines": [
          59.17934,
          60.170061,
          60.731151,
          58.724612
        ]
      },
      {
        "date": "2023-09-15",
        "close": 59.659664,
        "volume": 2692000,
        "typical_volume": 10233400.0,
        "trend": 55.622975,
        "fair_value": 33.209711,
        "relative_strength": 19.850693,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.06359,
        "energy": 11.667278,
        "activity_lines": [
          59.355069,
          59.921715,
          60.737407,
          59.024001
        ]
      },
      {
        "date": "2023-09-22",
        "close": 59.571804,
        "volume": 3877000,
        "typical_volume": 9812750.0,
        "trend": 56.223883,
        "fair_value": 33.409847,
        "relative_strength": 22.494664,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.514066,
        "energy": 9.091227,
        "activity_lines": [
          59.489795,
          59.722363,
          60.706455,
          59.278764
        ]
      },
      {
        "date": "2023-09-29",
        "close": 58.07811,
        "volume": 2016000,
        "typical_volume": 9542300.0,
        "trend": 56.736653,
        "fair_value": 33.601471,
        "relative_strength": 18.107627,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.301865,
        "energy": 5.65412,
        "activity_lines": [
          59.114908,
          59.273062,
          60.499548,
          59.398391
        ]
      },
      {
        "date": "2023-10-06",
        "close": 56.848011,
        "volume": 2735000,
        "typical_volume": 9339150.0,
        "trend": 57.221202,
        "fair_value": 33.782818,
        "relative_strength": 13.345458,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 0.494805,
        "energy": 8.716528,
        "activity_lines": [
          58.277269,
          58.715524,
          60.146875,
          59.405576
        ]
      },
      {
        "date": "2023-10-13",
        "close": 55.969379,
        "volume": 2423000,
        "typical_volume": 9059050.0,
        "trend": 57.638114,
        "fair_value": 33.964112,
        "relative_strength": 8.872584,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -22.474212,
        "energy": 27.955759,
        "activity_lines": [
          57.351769,
          58.156391,
          59.688984,
          59.324813
        ]
      },
      {
        "date": "2023-10-20",
        "close": 56.145103,
        "volume": 1963000,
        "typical_volume": 7529000.0,
        "trend": 57.95578,
        "fair_value": 34.147065,
        "relative_strength": 10.512112,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.496975,
        "energy": 40.005513,
        "activity_lines": [
          56.725006,
          57.713875,
          59.226821,
          59.22849
        ]
      },
      {
        "date": "2023-10-27",
        "close": 58.165977,
        "volume": 2096000,
        "typical_volume": 6433350.0,
        "trend": 58.360693,
        "fair_value": 34.341377,
        "relative_strength": 15.537335,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.634134,
        "energy": 38.497868,
        "activity_lines": [
          57.006171,
          57.699498,
          58.982353,
          59.242051
        ]
      },
      {
        "date": "2023-11-03",
        "close": 60.538307,
        "volume": 3145000,
        "typical_volume": 5804650.0,
        "trend": 58.793551,
        "fair_value": 34.548771,
        "relative_strength": 16.347939,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -3.103849,
        "energy": 8.804396,
        "activity_lines": [
          58.171835,
          58.138819,
          58.98876,
          59.382542
        ]
      },
      {
        "date": "2023-11-10",
        "close": 69.588295,
        "volume": 24855000,
        "typical_volume": 6788300.0,
        "trend": 59.232648,
        "fair_value": 34.814709,
        "relative_strength": 30.686376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.59801,
        "energy": 45.113246,
        "activity_lines": [
          62.190148,
          60.164483,
          59.892628,
          60.078977
        ]
      },
      {
        "date": "2023-11-17",
        "close": 72.663536,
        "volume": 19625000,
        "typical_volume": 7320400.0,
        "trend": 59.970258,
        "fair_value": 35.103018,
        "relative_strength": 30.598389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.41532,
        "energy": 83.043217,
        "activity_lines": [
          66.384189,
          62.573554,
          61.062765,
          60.945486
        ]
      },
      {
        "date": "2023-11-24",
        "close": 78.46257,
        "volume": 21139000,
        "typical_volume": 7911550.0,
        "trend": 60.798906,
        "fair_value": 35.429031,
        "relative_strength": 38.424088,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.063516,
        "energy": 95.094444,
        "activity_lines": [
          71.398298,
          65.798963,
          62.737849,
          62.138538
        ]
      },
      {
        "date": "2023-12-01",
        "close": 77.496056,
        "volume": 9266000,
        "typical_volume": 7835900.0,
        "trend": 61.632265,
        "fair_value": 35.744863,
        "relative_strength": 33.694588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.25025,
        "energy": 93.831944,
        "activity_lines": [
          74.602404,
          68.506772,
          64.248361,
          63.215774
        ]
      },
      {
        "date": "2023-12-08",
        "close": 78.550423,
        "volume": 6812000,
        "typical_volume": 7355900.0,
        "trend": 62.514973,
        "fair_value": 36.06028,
        "relative_strength": 34.096701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.603993,
        "energy": 92.136157,
        "activity_lines": [
          76.869294,
          71.080388,
          65.779602,
          64.307268
        ]
      },
      {
        "date": "2023-12-15",
        "close": 74.50869,
        "volume": 7007000,
        "typical_volume": 6745850.0,
        "trend": 63.254435,
        "fair_value": 36.348194,
        "relative_strength": 23.747912,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.045979,
        "energy": 87.655986,
        "activity_lines": [
          76.588132,
          72.54692,
          66.858656,
          65.081056
        ]
      },
      {
        "date": "2023-12-22",
        "close": 78.198975,
        "volume": 4918000,
        "typical_volume": 6737150.0,
        "trend": 64.142472,
        "fair_value": 36.661889,
        "relative_strength": 29.324562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.496576,
        "energy": 77.451383,
        "activity_lines": [
          77.209039,
          74.363309,
          68.24649,
          66.04522
        ]
      },
      {
        "date": "2023-12-29",
        "close": 74.772278,
        "volume": 4915000,
        "typical_volume": 6594150.0,
        "trend": 64.586769,
        "fair_value": 36.952556,
        "relative_strength": 20.577838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.243377,
        "energy": 59.300735,
        "activity_lines": [
          76.318684,
          75.152488,
          69.224291,
          66.731014
        ]
      },
      {
        "date": "2024-01-05",
        "close": 73.805771,
        "volume": 2479000,
        "typical_volume": 6482600.0,
        "trend": 64.933515,
        "fair_value": 37.230651,
        "relative_strength": 20.920664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.935993,
        "energy": 46.494565,
        "activity_lines": [
          75.35218,
          75.427263,
          70.037242,
          67.325788
        ]
      },
      {
        "date": "2024-01-12",
        "close": 77.320328,
        "volume": 5757000,
        "typical_volume": 6609500.0,
        "trend": 65.244017,
        "fair_value": 37.527555,
        "relative_strength": 25.544609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.481276,
        "energy": 47.246797,
        "activity_lines": [
          75.803213,
          76.056688,
          71.116296,
          68.124937
        ]
      },
      {
        "date": "2024-01-19",
        "close": 77.408195,
        "volume": 2901671,
        "typical_volume": 6619733.55,
        "trend": 65.69096,
        "fair_value": 37.827147,
        "relative_strength": 23.284615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.606872,
        "energy": 42.556492,
        "activity_lines": [
          76.365542,
          76.396961,
          72.108322,
          68.909723
        ]
      },
      {
        "date": "2024-01-26",
        "close": 88.303337,
        "volume": 22801000,
        "typical_volume": 7671133.55,
        "trend": 66.543683,
        "fair_value": 38.202958,
        "relative_strength": 36.512297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.683644,
        "energy": 61.165625,
        "activity_lines": [
          80.366285,
          78.575989,
          74.05472,
          70.368586
        ]
      },
      {
        "date": "2024-02-02",
        "close": 82.504303,
        "volume": 7070000,
        "typical_volume": 7890033.55,
        "trend": 67.186062,
        "fair_value": 38.548502,
        "relative_strength": 25.737207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.46506,
        "energy": 55.417585,
        "activity_lines": [
          81.760392,
          79.416287,
          75.312011,
          71.398304
        ]
      },
      {
        "date": "2024-02-09",
        "close": 84.437317,
        "volume": 1122000,
        "typical_volume": 7752283.55,
        "trend": 67.975253,
        "fair_value": 38.914675,
        "relative_strength": 27.047678,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.106662,
        "energy": 71.27116,
        "activity_lines": [
          83.283368,
          80.534557,
          76.644615,
          72.511288
        ]
      },
      {
        "date": "2024-02-16",
        "close": 86.106728,
        "volume": 3828000,
        "typical_volume": 7842883.55,
        "trend": 68.697942,
        "fair_value": 39.296597,
        "relative_strength": 24.730766,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.310726,
        "energy": 78.597951,
        "activity_lines": [
          84.654046,
          81.830151,
          78.017804,
          73.68106
        ]
      },
      {
        "date": "2024-02-23",
        "close": 86.194603,
        "volume": 6935000,
        "typical_volume": 8052883.55,
        "trend": 69.386211,
        "fair_value": 39.680411,
        "relative_strength": 21.805233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.595551,
        "energy": 71.244023,
        "activity_lines": [
          85.468255,
          83.004334,
          79.265892,
          74.809877
        ]
      },
      {
        "date": "2024-03-01",
        "close": 87.24897,
        "volume": 12852000,
        "typical_volume": 8574333.55,
        "trend": 70.273637,
        "fair_value": 40.062747,
        "relative_strength": 21.820109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.354515,
        "energy": 61.169194,
        "activity_lines": [
          86.048159,
          84.15775,
          80.47465,
          75.962313
        ]
      },
      {
        "date": "2024-03-08",
        "close": 88.303337,
        "volume": 8103000,
        "typical_volume": 8881333.55,
        "trend": 71.234284,
        "fair_value": 40.451576,
        "relative_strength": 16.965737,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.767057,
        "energy": 56.160755,
        "activity_lines": [
          87.04981,
          85.338324,
          81.634874,
          77.12552
        ]
      },
      {
        "date": "2024-03-15",
        "close": 92.696541,
        "volume": 8057000,
        "typical_volume": 9179383.55,
        "trend": 72.3443,
        "fair_value": 40.870692,
        "relative_strength": 22.257456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.574614,
        "energy": 59.436043,
        "activity_lines": [
          89.12926,
          87.071642,
          83.060364,
          78.510181
        ]
      },
      {
        "date": "2024-03-22",
        "close": 86.370323,
        "volume": 9727000,
        "typical_volume": 9508483.55,
        "trend": 73.313733,
        "fair_value": 41.24899,
        "relative_strength": 10.102566,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.014557,
        "energy": 49.470929,
        "activity_lines": [
          88.549356,
          87.311271,
          83.718925,
          79.415086
        ]
      },
      {
        "date": "2024-03-29",
        "close": 85.491684,
        "volume": 2620000,
        "typical_volume": 8396733.55,
        "trend": 74.166014,
        "fair_value": 41.622187,
        "relative_strength": 7.925528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.704161,
        "energy": 44.079924,
        "activity_lines": [
          87.658999,
          87.226601,
          84.170797,
          80.20076
        ]
      },
      {
        "date": "2024-04-05",
        "close": 86.370323,
        "volume": 2256000,
        "typical_volume": 7528283.55,
        "trend": 75.059298,
        "fair_value": 42.001016,
        "relative_strength": 8.14053,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.502034,
        "energy": 34.144369,
        "activity_lines": [
          87.108383,
          87.154712,
          84.630618,
          80.988135
        ]
      },
      {
        "date": "2024-04-12",
        "close": 85.052368,
        "volume": 5547000,
        "typical_volume": 6748683.55,
        "trend": 75.905721,
        "fair_value": 42.365286,
        "relative_strength": 4.155893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.875444,
        "energy": 23.097873,
        "activity_lines": [
          86.177025,
          86.87834,
          84.89965,
          81.632849
        ]
      },
      {
        "date": "2024-04-19",
        "close": 81.801399,
        "volume": 4964000,
        "typical_volume": 6533583.55,
        "trend": 76.646708,
        "fair_value": 42.699948,
        "relative_strength": 5.887846,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.929139,
        "energy": 18.059566,
        "activity_lines": [
          84.378742,
          85.964555,
          84.827685,
          82.013216
        ]
      },
      {
        "date": "2024-04-26",
        "close": 85.403824,
        "volume": 2486000,
        "typical_volume": 6317283.55,
        "trend": 77.557565,
        "fair_value": 43.056109,
        "relative_strength": 6.873013,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.845882,
        "energy": 16.812863,
        "activity_lines": [
          84.50761,
          85.753681,
          85.078307,
          82.578191
        ]
      },
      {
        "date": "2024-05-03",
        "close": 87.864014,
        "volume": 4535000,
        "typical_volume": 6193683.55,
        "trend": 78.591432,
        "fair_value": 43.426712,
        "relative_strength": 8.312241,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.948418,
        "energy": 19.101008,
        "activity_lines": [
          85.520975,
          86.002895,
          85.530597,
          83.243123
        ]
      },
      {
        "date": "2024-05-10",
        "close": 87.864014,
        "volume": 3619000,
        "typical_volume": 6128733.55,
        "trend": 79.654586,
        "fair_value": 43.798909,
        "relative_strength": 5.881367,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.53384,
        "energy": 25.807435,
        "activity_lines": [
          86.376184,
          86.221756,
          85.919291,
          83.841354
        ]
      },
      {
        "date": "2024-05-17",
        "close": 86.106728,
        "volume": 3326000,
        "typical_volume": 6049283.55,
        "trend": 80.653307,
        "fair_value": 44.164889,
        "relative_strength": 0.686885,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.295552,
        "energy": 28.118076,
        "activity_lines": [
          86.546052,
          86.109928,
          86.0946,
          84.257621
        ]
      },
      {
        "date": "2024-05-24",
        "close": 83.207222,
        "volume": 5972000,
        "typical_volume": 6223933.55,
        "trend": 81.488015,
        "fair_value": 44.529022,
        "relative_strength": -4.423727,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.330104,
        "energy": 16.707465,
        "activity_lines": [
          85.679128,
          85.510856,
          85.939792,
          84.42239
        ]
      },
      {
        "date": "2024-05-31",
        "close": 85.403824,
        "volume": 3418000,
        "typical_volume": 6106983.55,
        "trend": 82.316866,
        "fair_value": 44.905375,
        "relative_strength": -0.257543,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.93491,
        "energy": 11.834547,
        "activity_lines": [
          85.450682,
          85.483698,
          85.949416,
          84.675023
        ]
      },
      {
        "date": "2024-06-07",
        "close": 85.052368,
        "volume": 2112000,
        "typical_volume": 6067500.0,
        "trend": 82.832335,
        "fair_value": 45.277616,
        "relative_strength": -3.839424,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.880227,
        "energy": 10.471455,
        "activity_lines": [
          85.105085,
          85.410212,
          85.887074,
          84.851507
        ]
      },
      {
        "date": "2024-06-14",
        "close": 87.42469,
        "volume": 1935000,
        "typical_volume": 5024200.0,
        "trend": 83.324373,
        "fair_value": 45.653107,
        "relative_strength": -3.973807,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.677817,
        "energy": 12.736869,
        "activity_lines": [
          85.737704,
          85.776045,
          86.014267,
          85.147788
        ]
      },
      {
        "date": "2024-06-21",
        "close": 86.458191,
        "volume": 2292000,
        "typical_volume": 4785300.0,
        "trend": 83.590894,
        "fair_value": 46.028249,
        "relative_strength": -8.091881,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.670722,
        "energy": 18.159443,
        "activity_lines": [
          86.077446,
          85.946981,
          86.053597,
          85.34997
        ]
      },
      {
        "date": "2024-06-28",
        "close": 99.286339,
        "volume": 11112000,
        "typical_volume": 5284800.0,
        "trend": 84.317237,
        "fair_value": 46.487747,
        "relative_strength": 6.253784,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.070488,
        "energy": 73.515439,
        "activity_lines": [
          90.669806,
          88.424747,
          87.295827,
          86.362579
        ]
      },
      {
        "date": "2024-07-05",
        "close": 94.893135,
        "volume": 6487000,
        "typical_volume": 5417750.0,
        "trend": 84.861994,
        "fair_value": 46.920147,
        "relative_strength": -0.818043,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.933273,
        "energy": 75.990188,
        "activity_lines": [
          92.725823,
          89.78584,
          88.048947,
          87.044895
        ]
      },
      {
        "date": "2024-07-12",
        "close": 88.303337,
        "volume": 4985000,
        "typical_volume": 5320250.0,
        "trend": 85.321816,
        "fair_value": 47.311633,
        "relative_strength": -9.172134,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.147039,
        "energy": 64.581126,
        "activity_lines": [
          91.952621,
          89.776255,
          88.132627,
          87.266917
        ]
      },
      {
        "date": "2024-07-19",
        "close": 87.886124,
        "volume": 3371000,
        "typical_volume": 4846200.0,
        "trend": 85.64472,
        "fair_value": 47.699648,
        "relative_strength": -5.486843,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.969417,
        "energy": 57.378123,
        "activity_lines": [
          90.823616,
          89.682826,
          88.166532,
          87.432356
        ]
      },
      {
        "date": "2024-07-26",
        "close": 86.057068,
        "volume": 1303000,
        "typical_volume": 4506200.0,
        "trend": 86.02088,
        "fair_value": 48.077532,
        "relative_strength": -4.360974,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.613798,
        "energy": 14.866491,
        "activity_lines": [
          89.054164,
          89.256439,
          88.023206,
          87.458959
        ]
      },
      {
        "date": "2024-08-02",
        "close": 84.776726,
        "volume": 2317000,
        "typical_volume": 4219200.0,
        "trend": 86.386579,
        "fair_value": 48.440035,
        "relative_strength": -3.833824,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.692503,
        "energy": 17.706358,
        "activity_lines": [
          86.884672,
          88.598166,
          87.768639,
          87.378691
        ]
      },
      {
        "date": "2024-08-09",
        "close": 91.452782,
        "volume": 4558000,
        "typical_volume": 3960750.0,
        "trend": 86.85766,
        "fair_value": 48.844802,
        "relative_strength": 4.223299,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.286178,
        "energy": 19.642077,
        "activity_lines": [
          87.90784,
          89.125184,
          88.187601,
          87.705543
        ]
      },
      {
        "date": "2024-08-16",
        "close": 92.82457,
        "volume": 2730000,
        "typical_volume": 3966250.0,
        "trend": 87.37154,
        "fair_value": 49.262879,
        "relative_strength": 1.368159,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.312496,
        "energy": 17.407449,
        "activity_lines": [
          89.617628,
          89.791638,
          88.713007,
          88.090505
        ]
      },
      {
        "date": "2024-08-23",
        "close": 90.995522,
        "volume": 1310000,
        "typical_volume": 3918950.0,
        "trend": 87.461279,
        "fair_value": 49.675873,
        "relative_strength": -0.067294,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.591602,
        "energy": 24.420837,
        "activity_lines": [
          90.416317,
          89.984224,
          89.029299,
          88.32431
        ]
      },
      {
        "date": "2024-08-30",
        "close": 91.086975,
        "volume": 1072000,
        "typical_volume": 3695200.0,
        "trend": 87.747368,
        "fair_value": 50.096097,
        "relative_strength": -0.68908,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.66768,
        "energy": 34.227727,
        "activity_lines": [
          91.038198,
          90.128514,
          89.332276,
          88.558226
        ]
      },
      {
        "date": "2024-09-06",
        "close": 90.629707,
        "volume": 1857000,
        "typical_volume": 3539850.0,
        "trend": 87.953781,
        "fair_value": 50.512061,
        "relative_strength": 2.348815,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.005338,
        "energy": 34.687395,
        "activity_lines": [
          91.172328,
          90.105505,
          89.562968,
          88.744184
        ]
      },
      {
        "date": "2024-09-13",
        "close": 86.057068,
        "volume": 1755000,
        "typical_volume": 3503300.0,
        "trend": 87.952126,
        "fair_value": 50.900572,
        "relative_strength": -4.455092,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.115122,
        "energy": 9.798697,
        "activity_lines": [
          89.392047,
          89.4085,
          89.316131,
          88.621815
        ]
      },
      {
        "date": "2024-09-20",
        "close": 87.794678,
        "volume": 786000,
        "typical_volume": 3315850.0,
        "trend": 88.005462,
        "fair_value": 51.301387,
        "relative_strength": -4.425244,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.105334,
        "energy": 8.783086,
        "activity_lines": [
          88.550684,
          89.18808,
          89.23167,
          88.611657
        ]
      },
      {
        "date": "2024-09-27",
        "close": 86.788689,
        "volume": 957000,
        "typical_volume": 3182750.0,
        "trend": 87.990119,
        "fair_value": 51.695479,
        "relative_strength": -8.373375,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.149482,
        "energy": 12.195351,
        "activity_lines": [
          87.709317,
          88.794002,
          89.05173,
          88.533156
        ]
      },
      {
        "date": "2024-10-04",
        "close": 86.88015,
        "volume": 547000,
        "typical_volume": 3043800.0,
        "trend": 87.942679,
        "fair_value": 52.085788,
        "relative_strength": -6.335155,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.551771,
        "energy": 16.180213,
        "activity_lines": [
          87.178892,
          88.436506,
          88.885622,
          88.461545
        ]
      },
      {
        "date": "2024-10-11",
        "close": 87.245956,
        "volume": 837000,
        "typical_volume": 2787050.0,
        "trend": 87.760993,
        "fair_value": 52.476803,
        "relative_strength": -8.601229,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.138481,
        "energy": 23.020531,
        "activity_lines": [
          87.050858,
          88.130555,
          88.750669,
          88.416595
        ]
      },
      {
        "date": "2024-10-18",
        "close": 87.154503,
        "volume": 669000,
        "typical_volume": 2649600.0,
        "trend": 87.787133,
        "fair_value": 52.86969,
        "relative_strength": -11.09487,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.104092,
        "energy": 21.339666,
        "activity_lines": [
          87.117923,
          87.763081,
          88.587775,
          88.377467
        ]
      },
      {
        "date": "2024-10-25",
        "close": 89.806633,
        "volume": 936000,
        "typical_volume": 2590800.0,
        "trend": 87.930964,
        "fair_value": 53.282309,
        "relative_strength": -7.947142,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.079163,
        "energy": 12.393667,
        "activity_lines": [
          87.995869,
          87.955963,
          88.669128,
          88.507757
        ]
      },
      {
        "date": "2024-11-01",
        "close": 90.538254,
        "volume": 1220000,
        "typical_volume": 2555050.0,
        "trend": 88.069895,
        "fair_value": 53.701257,
        "relative_strength": -5.016044,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.165034,
        "energy": 16.913185,
        "activity_lines": [
          88.983558,
          88.336738,
          88.797519,
          88.675969
        ]
      },
      {
        "date": "2024-11-08",
        "close": 91.910049,
        "volume": 1547000,
        "typical_volume": 2517800.0,
        "trend": 88.298485,
        "fair_value": 54.129818,
        "relative_strength": -6.629147,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.810579,
        "energy": 29.009853,
        "activity_lines": [
          90.178541,
          88.975245,
          89.041732,
          88.923721
        ]
      },
      {
        "date": "2024-11-15",
        "close": 90.355354,
        "volume": 1115000,
        "typical_volume": 2017950.0,
        "trend": 88.583616,
        "fair_value": 54.5465,
        "relative_strength": -4.825539,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.330468,
        "energy": 35.078695,
        "activity_lines": [
          90.519966,
          89.316115,
          89.111916,
          89.056422
        ]
      },
      {
        "date": "2024-11-22",
        "close": 89.166466,
        "volume": 929342,
        "typical_volume": 1740067.1,
        "trend": 88.709038,
        "fair_value": 54.950372,
        "relative_strength": -6.462048,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.99213,
        "energy": 35.36413,
        "activity_lines": [
          90.257802,
          89.445812,
          89.111402,
          89.094025
        ]
      },
      {
        "date": "2024-11-29",
        "close": 89.806633,
        "volume": 1088000,
        "typical_volume": 1545217.1,
        "trend": 88.773792,
        "fair_value": 55.359714,
        "relative_strength": -2.890492,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.126443,
        "energy": 28.541656,
        "activity_lines": [
          90.074896,
          89.635368,
          89.199126,
          89.164838
        ]
      },
      {
        "date": "2024-12-06",
        "close": 88.160492,
        "volume": 959000,
        "typical_volume": 1424617.1,
        "trend": 88.783674,
        "fair_value": 55.761781,
        "relative_strength": -8.191244,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.350554,
        "energy": 6.005835,
        "activity_lines": [
          89.343276,
          89.489045,
          89.122917,
          89.12527
        ]
      },
      {
        "date": "2024-12-13",
        "close": 86.057068,
        "volume": 973000,
        "typical_volume": 1408117.1,
        "trend": 88.782019,
        "fair_value": 56.152003,
        "relative_strength": -9.508358,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.423483,
        "energy": 16.555725,
        "activity_lines": [
          88.069033,
          88.93534,
          88.845074,
          88.94936
        ]
      },
      {
        "date": "2024-12-20",
        "close": 84.776726,
        "volume": 690000,
        "typical_volume": 1326767.1,
        "trend": 88.834336,
        "fair_value": 56.534837,
        "relative_strength": -8.54548,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -65.655485,
        "energy": 51.83844,
        "activity_lines": [
          86.758207,
          88.16381,
          88.445294,
          88.690954
        ]
      },
      {
        "date": "2024-12-27",
        "close": 85.874161,
        "volume": 694000,
        "typical_volume": 1133567.1,
        "trend": 88.850014,
        "fair_value": 56.924433,
        "relative_strength": -10.20652,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.463776,
        "energy": 58.227238,
        "activity_lines": [
          86.185102,
          87.636708,
          88.150032,
          88.499975
        ]
      },
      {
        "date": "2025-01-03",
        "close": 84.593826,
        "volume": 529000,
        "typical_volume": 1023517.1,
        "trend": 88.834729,
        "fair_value": 57.301452,
        "relative_strength": -9.907417,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.475257,
        "energy": 67.722343,
        "activity_lines": [
          85.404705,
          86.900098,
          87.759398,
          88.225382
        ]
      },
      {
        "date": "2025-01-10",
        "close": 85.691254,
        "volume": 638000,
        "typical_volume": 989917.1,
        "trend": 88.776948,
        "fair_value": 57.678677,
        "relative_strength": -8.853731,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.950126,
        "energy": 63.03463,
        "activity_lines": [
          85.337638,
          86.457798,
          87.512475,
          88.022578
        ]
      },
      {
        "date": "2025-01-17",
        "close": 83.862198,
        "volume": 615000,
        "typical_volume": 967067.1,
        "trend": 88.690415,
        "fair_value": 58.042811,
        "relative_strength": -11.007859,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.566742,
        "energy": 60.118206,
        "activity_lines": [
          84.825502,
          85.77107,
          87.116615,
          87.705497
        ]
      },
      {
        "date": "2025-01-24",
        "close": 84.959641,
        "volume": 295000,
        "typical_volume": 888967.1,
        "trend": 88.212858,
        "fair_value": 58.418078,
        "relative_strength": -10.743017,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.095854,
        "energy": 49.915899,
        "activity_lines": [
          84.825505,
          85.430201,
          86.859676,
          87.464802
        ]
      },
      {
        "date": "2025-02-07",
        "close": 87.520317,
        "volume": 746563,
        "typical_volume": 838545.25,
        "trend": 87.967098,
        "fair_value": 58.813856,
        "relative_strength": -7.49861,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.012339,
        "energy": 25.893889,
        "activity_lines": [
          85.666872,
          85.653014,
          86.873612,
          87.420122
        ]
      },
      {
        "date": "2025-02-14",
        "close": 88.892105,
        "volume": 964220,
        "typical_volume": 847456.25,
        "trend": 87.986723,
        "fair_value": 59.220886,
        "relative_strength": -4.349925,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.657539,
        "energy": 11.61192,
        "activity_lines": [
          86.855758,
          86.155173,
          87.011227,
          87.4798
        ]
      },
      {
        "date": "2025-02-21",
        "close": 88.617752,
        "volume": 663260,
        "typical_volume": 832769.25,
        "trend": 88.011111,
        "fair_value": 59.625064,
        "relative_strength": -6.566429,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.116616,
        "energy": 17.635099,
        "activity_lines": [
          87.666641,
          86.624077,
          87.117487,
          87.520511
        ]
      },
      {
        "date": "2025-02-28",
        "close": 85.874161,
        "volume": 623631,
        "typical_volume": 836600.8,
        "trend": 88.005014,
        "fair_value": 60.011929,
        "relative_strength": -6.422573,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.77418,
        "energy": 23.437519,
        "activity_lines": [
          87.367894,
          86.585833,
          86.953742,
          87.382643
        ]
      },
      {
        "date": "2025-03-07",
        "close": 84.959641,
        "volume": 942848,
        "typical_volume": 841893.2,
        "trend": 88.011111,
        "fair_value": 60.393478,
        "relative_strength": -5.075388,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.067396,
        "energy": 20.862166,
        "activity_lines": [
          86.630175,
          86.384638,
          86.707691,
          87.186168
        ]
      },
      {
        "date": "2025-03-14",
        "close": 83.313484,
        "volume": 1172303,
        "typical_volume": 867058.35,
        "trend": 87.739801,
        "fair_value": 60.766386,
        "relative_strength": -4.026067,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.23335,
        "energy": 42.551039,
        "activity_lines": [
          85.343738,
          85.880816,
          86.315751,
          86.883095
        ]
      },
      {
        "date": "2025-03-21",
        "close": 83.039131,
        "volume": 702898,
        "typical_volume": 855403.25,
        "trend": 87.41362,
        "fair_value": 61.13535,
        "relative_strength": -4.931273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.670309,
        "energy": 66.437763,
        "activity_lines": [
          84.246306,
          85.373669,
          85.915972,
          86.579826
        ]
      },
      {
        "date": "2025-03-28",
        "close": 82.581871,
        "volume": 750543,
        "typical_volume": 831930.4,
        "trend": 87.133165,
        "fair_value": 61.504115,
        "relative_strength": -2.588773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.615483,
        "energy": 72.617509,
        "activity_lines": [
          83.386652,
          84.811651,
          85.50487,
          86.2681
        ]
      },
      {
        "date": "2025-04-04",
        "close": 83.862198,
        "volume": 785158,
        "typical_volume": 793838.3,
        "trend": 86.892339,
        "fair_value": 61.879175,
        "relative_strength": 0.47195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.654142,
        "energy": 65.85151,
        "activity_lines": [
          83.356165,
          84.538955,
          85.253592,
          86.05707
        ]
      },
      {
        "date": "2025-04-11",
        "close": 77.003242,
        "volume": 3617288,
        "typical_volume": 918952.7,
        "trend": 86.438123,
        "fair_value": 62.212453,
        "relative_strength": 0.763646,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.334126,
        "energy": 75.014964,
        "activity_lines": [
          81.173491,
          83.019175,
          84.387403,
          85.419064
        ]
      },
      {
        "date": "2025-04-18",
        "close": 81.575882,
        "volume": 1291214,
        "typical_volume": 937046.3,
        "trend": 86.288751,
        "fair_value": 62.576408,
        "relative_strength": 7.428176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.188984,
        "energy": 49.163602,
        "activity_lines": [
          81.045456,
          82.475446,
          84.020286,
          85.105371
        ]
      },
      {
        "date": "2025-04-25",
        "close": 80.935715,
        "volume": 659240,
        "typical_volume": 915608.3,
        "trend": 86.060118,
        "fair_value": 62.936532,
        "relative_strength": 4.082552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.981214,
        "energy": 42.992149,
        "activity_lines": [
          80.819873,
          81.923404,
          83.628345,
          84.760014
        ]
      },
      {
        "date": "2025-05-02",
        "close": 81.667336,
        "volume": 242359,
        "typical_volume": 879776.25,
        "trend": 85.889407,
        "fair_value": 63.296976,
        "relative_strength": 0.557249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.045945,
        "energy": 41.183473,
        "activity_lines": [
          80.978391,
          81.649046,
          83.348326,
          84.476608
        ]
      },
      {
        "date": "2025-05-09",
        "close": 88.800652,
        "volume": 2142833,
        "typical_volume": 938267.9,
        "trend": 85.953423,
        "fair_value": 63.705059,
        "relative_strength": 8.715196,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.710717,
        "energy": 9.008468,
        "activity_lines": [
          83.57565,
          82.798025,
          83.778589,
          84.664431
        ]
      },
      {
        "date": "2025-05-16",
        "close": 92.82457,
        "volume": 3136693,
        "typical_volume": 1060602.55,
        "trend": 86.139377,
        "fair_value": 64.138389,
        "relative_strength": 8.80666,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 32.797494,
        "energy": 28.451104,
        "activity_lines": [
          87.184985,
          84.625417,
          84.579018,
          85.107731
        ]
      },
      {
        "date": "2025-05-23",
        "close": 91.452782,
        "volume": 1206887,
        "typical_volume": 1086246.9,
        "trend": 86.282653,
        "fair_value": 64.571394,
        "relative_strength": 8.05436,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 30.035254,
        "energy": 35.393087,
        "activity_lines": [
          89.282302,
          86.060394,
          85.210478,
          85.450531
        ]
      },
      {
        "date": "2025-05-30",
        "close": 96.025429,
        "volume": 2439063,
        "typical_volume": 1181750.05,
        "trend": 86.489946,
        "fair_value": 65.033437,
        "relative_strength": 14.716657,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.664113,
        "energy": 60.567319,
        "activity_lines": [
          92.245375,
          88.178774,
          86.250863,
          86.079097
        ]
      },
      {
        "date": "2025-06-06",
        "close": 99.226273,
        "volume": 4775727,
        "typical_volume": 1388636.4,
        "trend": 86.779547,
        "fair_value": 65.515998,
        "relative_strength": 16.512761,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 80.369115,
        "energy": 82.411904,
        "activity_lines": [
          95.269415,
          90.643011,
          87.541653,
          86.900796
        ]
      },
      {
        "date": "2025-06-13",
        "close": 95.568161,
        "volume": 3218999,
        "typical_volume": 1518836.35,
        "trend": 86.901484,
        "fair_value": 65.974837,
        "relative_strength": 9.885582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.378661,
        "energy": 73.962645,
        "activity_lines": [
          95.903488,
          92.139512,
          88.4196,
          87.467803
        ]
      },
      {
        "date": "2025-06-20",
        "close": 92.36731,
        "volume": 1552572,
        "typical_volume": 1581714.95,
        "trend": 86.968549,
        "fair_value": 66.413976,
        "relative_strength": 6.17818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.168513,
        "energy": 61.144553,
        "activity_lines": [
          95.019444,
          92.841204,
          88.936962,
          87.820437
        ]
      },
      {
        "date": "2025-06-27",
        "close": 94.196373,
        "volume": 972288,
        "typical_volume": 1593001.2,
        "trend": 87.136213,
        "fair_value": 66.862929,
        "relative_strength": 5.485178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.609743,
        "energy": 42.919674,
        "activity_lines": [
          94.775571,
          93.596106,
          89.593245,
          88.286748
        ]
      },
      {
        "date": "2025-07-04",
        "close": 94.196373,
        "volume": 1122450,
        "typical_volume": 1600912.7,
        "trend": 87.282537,
        "fair_value": 67.30997,
        "relative_strength": 5.705998,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.989156,
        "energy": 34.379731,
        "activity_lines": [
          94.348792,
          94.121545,
          90.217737,
          88.742242
        ]
      },
      {
        "date": "2025-07-11",
        "close": 95.110901,
        "volume": 1216310,
        "typical_volume": 1628565.2,
        "trend": 87.514218,
        "fair_value": 67.766697,
        "relative_strength": 5.699169,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.69905,
        "energy": 30.787326,
        "activity_lines": [
          94.348793,
          94.572158,
          90.904069,
          89.247298
        ]
      },
      {
        "date": "2025-07-18",
        "close": 96.939949,
        "volume": 1833980,
        "typical_volume": 1689082.65,
        "trend": 87.87698,
        "fair_value": 68.235968,
        "relative_strength": 4.588897,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.905498,
        "energy": 38.944866,
        "activity_lines": [
          95.232835,
          95.110898,
          91.733676,
          89.85541
        ]
      },
      {
        "date": "2025-07-25",
        "close": 98.8964,
        "volume": 1947039,
        "typical_volume": 1739292.2,
        "trend": 88.347636,
        "fair_value": 68.712864,
        "relative_strength": 6.583779,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.620662,
        "energy": 46.945296,
        "activity_lines": [
          96.677575,
          95.857368,
          92.696917,
          90.56634
        ]
      },
      {
        "date": "2025-08-01",
        "close": 96.519083,
        "volume": 1422731,
        "typical_volume": 1751813.6,
        "trend": 88.702467,
        "fair_value": 69.170423,
        "relative_strength": 3.596526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.804015,
        "energy": 43.940108,
        "activity_lines": [
          96.894602,
          96.061202,
          93.367382,
          91.09353
        ]
      },
      {
        "date": "2025-08-08",
        "close": 98.8964,
        "volume": 702778,
        "typical_volume": 1751807.6,
        "trend": 89.179219,
        "fair_value": 69.641037,
        "relative_strength": 3.455158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.521787,
        "energy": 52.320724,
        "activity_lines": [
          97.749222,
          96.605161,
          94.201375,
          91.751203
        ]
      },
      {
        "date": "2025-08-15",
        "close": 101.27372,
        "volume": 6850627,
        "typical_volume": 2056811.8,
        "trend": 89.698635,
        "fair_value": 70.119788,
        "relative_strength": 4.627993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.592185,
        "energy": 54.403383,
        "activity_lines": [
          99.082947,
          97.529161,
          95.186267,
          92.531494
        ]
      },
      {
        "date": "2025-08-22",
        "close": 106.028358,
        "volume": 1891482,
        "typical_volume": 2112128.0,
        "trend": 90.437507,
        "fair_value": 70.6353,
        "relative_strength": 12.000583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.37045,
        "energy": 63.708958,
        "activity_lines": [
          101.590696,
          99.280414,
          96.534974,
          93.585024
        ]
      },
      {
        "date": "2025-08-29",
        "close": 109.832062,
        "volume": 1732290,
        "typical_volume": 2017878.1,
        "trend": 91.266588,
        "fair_value": 71.173283,
        "relative_strength": 13.541613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.326395,
        "energy": 80.949412,
        "activity_lines": [
          104.760452,
          101.533064,
          98.140385,
          94.836286
        ]
      },
      {
        "date": "2025-09-05",
        "close": 112.209381,
        "volume": 1663134,
        "typical_volume": 2036474.1,
        "trend": 92.089557,
        "fair_value": 71.725139,
        "relative_strength": 14.490375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.400858,
        "energy": 88.39207,
        "activity_lines": [
          107.993604,
          103.900413,
          99.81588,
          96.187434
        ]
      },
      {
        "date": "2025-09-12",
        "close": 103.651039,
        "volume": 2555420,
        "typical_volume": 2131283.1,
        "trend": 92.581521,
        "fair_value": 72.211755,
        "relative_strength": 1.767245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.462121,
        "energy": 76.05609,
        "activity_lines": [
          107.327956,
          104.38419,
          100.530421,
          96.933336
        ]
      },
      {
        "date": "2025-09-19",
        "close": 110.307526,
        "volume": 1678143,
        "typical_volume": 2203072.3,
        "trend": 93.304513,
        "fair_value": 72.738582,
        "relative_strength": 7.678321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.437691,
        "energy": 72.080968,
        "activity_lines": [
          108.564161,
          105.906335,
          101.770744,
          98.076949
        ]
      },
      {
        "date": "2025-09-26",
        "close": 114.111237,
        "volume": 2371181,
        "typical_volume": 2214489.7,
        "trend": 94.245749,
        "fair_value": 73.29307,
        "relative_strength": 11.116665,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.199773,
        "energy": 59.2765,
        "activity_lines": [
          110.466015,
          107.843762,
          103.236944,
          99.419318
        ]
      },
      {
        "date": "2025-10-03",
        "close": 114.111237,
        "volume": 717113,
        "typical_volume": 2093510.7,
        "trend": 95.217469,
        "fair_value": 73.851108,
        "relative_strength": 5.979808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.725025,
        "energy": 55.020334,
        "activity_lines": [
          111.829011,
          109.468983,
          104.582618,
          100.700963
        ]
      },
      {
        "date": "2025-10-10",
        "close": 113.160309,
        "volume": 1079659,
        "typical_volume": 2087149.3,
        "trend": 96.212363,
        "fair_value": 74.410153,
        "relative_strength": 2.892054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.293356,
        "energy": 53.283885,
        "activity_lines": [
          112.589753,
          110.644675,
          105.736362,
          101.858565
        ]
      },
      {
        "date": "2025-10-17",
        "close": 117.91494,
        "volume": 2405883,
        "typical_volume": 2085490.3,
        "trend": 97.37489,
        "fair_value": 74.997764,
        "relative_strength": 6.953459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.588363,
        "energy": 56.232088,
        "activity_lines": [
          114.871976,
          112.382277,
          107.239558,
          103.258731
        ]
      },
      {
        "date": "2025-10-24",
        "close": 114.111237,
        "volume": 628008,
        "typical_volume": 1878104.35,
        "trend": 98.425869,
        "fair_value": 75.559899,
        "relative_strength": 2.427445,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.133228,
        "energy": 49.284553,
        "activity_lines": [
          114.935372,
          113.082505,
          108.276261,
          104.338496
        ]
      },
      {
        "date": "2025-10-31",
        "close": 118.390404,
        "volume": 914622,
        "typical_volume": 1762885.5,
        "trend": 99.576809,
        "fair_value": 76.151104,
        "relative_strength": 3.459037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.573884,
        "energy": 51.209437,
        "activity_lines": [
          116.171576,
          114.327355,
          109.649624,
          105.62653
        ]
      },
      {
        "date": "2025-11-07",
        "close": 122.194115,
        "volume": 1471552,
        "typical_volume": 1758834.5,
        "trend": 101.083172,
        "fair_value": 76.76915,
        "relative_strength": 8.800795,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.767111,
        "energy": 55.163964,
        "activity_lines": [
          118.390406,
          116.039023,
          111.276567,
          107.085711
        ]
      },
      {
        "date": "2025-11-14",
        "close": 116.013092,
        "volume": 1020166,
        "typical_volume": 1761228.4,
        "trend": 102.231079,
        "fair_value": 77.337468,
        "relative_strength": 4.090794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.804124,
        "energy": 46.571975,
        "activity_lines": [
          118.010036,
          116.402105,
          112.172809,
          108.048932
        ]
      },
      {
        "date": "2025-11-21",
        "close": 108.40567,
        "volume": 1615082,
        "typical_volume": 1785860.0,
        "trend": 103.146744,
        "fair_value": 77.846095,
        "relative_strength": 0.745901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.980058,
        "energy": 31.772045,
        "activity_lines": [
          114.903674,
          115.312861,
          112.240645,
          108.447293
        ]
      },
      {
        "date": "2025-11-28",
        "close": 115.537628,
        "volume": 875717,
        "typical_volume": 1768830.35,
        "trend": 104.275754,
        "fair_value": 78.38569,
        "relative_strength": 2.602691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.509024,
        "energy": 26.535031,
        "activity_lines": [
          114.808582,
          115.433888,
          112.920052,
          109.246704
        ]
      },
      {
        "date": "2025-12-05",
        "close": 114.111237,
        "volume": 885507,
        "typical_volume": 1721406.7,
        "trend": 105.11944,
        "fair_value": 78.9186,
        "relative_strength": 0.031594,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.701429,
        "energy": 18.255096,
        "activity_lines": [
          114.142934,
          115.200479,
          113.366343,
          109.881252
        ]
      },
      {
        "date": "2025-12-12",
        "close": 116.013092,
        "volume": 1181422,
        "typical_volume": 1683125.85,
        "trend": 105.892391,
        "fair_value": 79.456326,
        "relative_strength": 0.766869,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.029555,
        "energy": 18.468631,
        "activity_lines": [
          114.396515,
          115.312862,
          113.911994,
          110.584068
        ]
      },
      {
        "date": "2025-12-19",
        "close": 108.40567,
        "volume": 1071062,
        "typical_volume": 1665542.4,
        "trend": 106.457487,
        "fair_value": 79.935727,
        "relative_strength": -4.214585,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.507123,
        "energy": 11.442744,
        "activity_lines": [
          112.526357,
          114.007498,
          113.651621,
          110.746215
        ]
      },
      {
        "date": "2025-12-26",
        "close": 105.077431,
        "volume": 1422245,
        "typical_volume": 1701515.75,
        "trend": 106.75922,
        "fair_value": 80.338618,
        "relative_strength": -9.91377,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.486466,
        "energy": 10.567954,
        "activity_lines": [
          110.053948,
          112.183447,
          113.01767,
          110.657179
        ]
      },
      {
        "date": "2026-01-02",
        "close": 104.126503,
        "volume": 806073,
        "typical_volume": 1399288.05,
        "trend": 106.922561,
        "fair_value": 80.729679,
        "relative_strength": -13.085473,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -4.872786,
        "energy": 19.202793,
        "activity_lines": [
          107.486445,
          110.41991,
          112.26372,
          110.487326
        ]
      },
      {
        "date": "2026-01-09",
        "close": 107.45475,
        "volume": 1358263,
        "typical_volume": 1372627.1,
        "trend": 107.318781,
        "fair_value": 81.157369,
        "relative_strength": -13.028986,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -16.417457,
        "energy": 30.647434,
        "activity_lines": [
          106.789099,
          109.44305,
          111.813162,
          110.521661
        ]
      },
      {
        "date": "2026-01-16",
        "close": 105.552895,
        "volume": 1667373,
        "typical_volume": 1369381.25,
        "trend": 107.7583,
        "fair_value": 81.584068,
        "relative_strength": -17.472691,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.474937,
        "energy": 41.235244,
        "activity_lines": [
          105.901568,
          108.319227,
          111.174683,
          110.407733
        ]
      },
      {
        "date": "2026-01-23",
        "close": 107.45475,
        "volume": 794502,
        "typical_volume": 1325949.65,
        "trend": 108.200246,
        "fair_value": 82.026508,
        "relative_strength": -17.337003,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.859978,
        "energy": 33.944969,
        "activity_lines": [
          106.345334,
          107.843764,
          110.73771,
          110.388149
        ]
      },
      {
        "date": "2026-01-30",
        "close": 101.749184,
        "volume": 1072419,
        "typical_volume": 1251799.6,
        "trend": 108.452007,
        "fair_value": 82.425819,
        "relative_strength": -21.813833,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.096121,
        "energy": 33.84904,
        "activity_lines": [
          104.950641,
          106.486531,
          109.77999,
          109.971952
        ]
      },
      {
        "date": "2026-02-06",
        "close": 104.126503,
        "volume": 1137175,
        "typical_volume": 1224751.2,
        "trend": 108.752527,
        "fair_value": 82.837365,
        "relative_strength": -19.107,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.955066,
        "energy": 29.43453,
        "activity_lines": [
          104.570269,
          105.682566,
          109.057739,
          109.692887
        ]
      },
      {
        "date": "2026-02-13",
        "close": 103.651039,
        "volume": 702008,
        "typical_volume": 1141292.55,
        "trend": 108.97623,
        "fair_value": 83.2404,
        "relative_strength": -23.569992,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.256138,
        "energy": 30.269423,
        "activity_lines": [
          104.03141,
          104.999627,
          108.319638,
          109.363759
        ]
      },
      {
        "date": "2026-02-27",
        "close": 103.175575,
        "volume": 646541,
        "typical_volume": 1137763.95,
        "trend": 109.118869,
        "fair_value": 83.63547,
        "relative_strength": -27.522744,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.385384,
        "energy": 50.878433,
        "activity_lines": [
          103.587644,
          104.420426,
          107.586066,
          108.989523
        ]
      },
      {
        "date": "2026-03-06",
        "close": 99.847328,
        "volume": 727295,
        "typical_volume": 1120145.75,
        "trend": 109.22981,
        "fair_value": 84.009206,
        "relative_strength": -25.80459,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.218405,
        "energy": 58.998595,
        "activity_lines": [
          102.19295,
          103.469498,
          106.587592,
          108.391359
        ]
      },
      {
        "date": "2026-03-13",
        "close": 112.209381,
        "volume": 1989591,
        "typical_volume": 1099331.15,
        "trend": 109.673576,
        "fair_value": 84.454811,
        "relative_strength": -15.958241,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.045261,
        "energy": 18.359621,
        "activity_lines": [
          105.426102,
          104.921823,
          106.829852,
          108.583589
        ]
      },
      {
        "date": "2026-03-20",
        "close": 101.27372,
        "volume": 1555725,
        "typical_volume": 1145717.0,
        "trend": 109.673576,
        "fair_value": 84.832773,
        "relative_strength": -24.191339,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.225983,
        "energy": 27.183451,
        "activity_lines": [
          104.316686,
          104.256174,
          106.05779,
          108.041663
        ]
      },
      {
        "date": "2026-03-27",
        "close": 96.043625,
        "volume": 1406253,
        "typical_volume": 1170298.55,
        "trend": 109.340752,
        "fair_value": 85.169835,
        "relative_strength": -26.873866,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.078023,
        "energy": 41.363284,
        "activity_lines": [
          101.654092,
          102.691467,
          104.848754,
          107.162311
        ]
      },
      {
        "date": "2026-04-03",
        "close": 95.092697,
        "volume": 969488,
        "typical_volume": 1145195.35,
        "trend": 108.84944,
        "fair_value": 85.480589,
        "relative_strength": -26.073456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.67694,
        "energy": 45.162079,
        "activity_lines": [
          99.181682,
          101.161339,
          103.655567,
          106.243082
        ]
      },
      {
        "date": "2026-04-10",
        "close": 97.470016,
        "volume": 1248687,
        "typical_volume": 1156621.4,
        "trend": 108.358128,
        "fair_value": 85.810405,
        "relative_strength": -29.908236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.899391,
        "energy": 64.768597,
        "activity_lines": [
          98.040571,
          100.253636,
          102.817846,
          105.508926
        ]
      },
      {
        "date": "2026-04-17",
        "close": 100.322792,
        "volume": 1443081,
        "typical_volume": 1148021.35,
        "trend": 108.247186,
        "fair_value": 86.148676,
        "relative_strength": -30.158199,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.473034,
        "energy": 60.149684,
        "activity_lines": [
          98.008872,
          100.046161,
          102.340118,
          104.990517
        ]
      },
      {
        "date": "2026-04-24",
        "close": 97.94548,
        "volume": 1241190,
        "typical_volume": 1166295.0,
        "trend": 107.835118,
        "fair_value": 86.414895,
        "relative_strength": -34.998976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.736593,
        "energy": 47.951884,
        "activity_lines": [
          97.977176,
          99.432381,
          101.67447,
          104.325891
        ]
      },
      {
        "date": "2026-05-01",
        "close": 93.571213,
        "volume": 1024937,
        "typical_volume": 1173266.5,
        "trend": 107.15045,
        "fair_value": 86.690766,
        "relative_strength": -37.37341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.078637,
        "energy": 44.723002,
        "activity_lines": [
          96.709273,
          98.135663,
          100.675996,
          103.405639
        ]
      },
      {
        "date": "2026-05-08",
        "close": 94.807411,
        "volume": 950678,
        "typical_volume": 1161729.3,
        "trend": 106.50699,
        "fair_value": 86.954896,
        "relative_strength": -40.13459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.112381,
        "energy": 42.955872,
        "activity_lines": [
          96.018263,
          97.246977,
          99.893066,
          102.609314
        ]
      },
      {
        "date": "2026-05-15",
        "close": 88.626389,
        "volume": 2534311,
        "typical_volume": 1234891.75,
        "trend": 105.689192,
        "fair_value": 87.186506,
        "relative_strength": -42.846538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.21239,
        "energy": 63.306484,
        "activity_lines": [
          93.285932,
          95.386618,
          98.622446,
          101.455727
        ]
      },
      {
        "date": "2026-05-22",
        "close": 86.724533,
        "volume": 2767785,
        "typical_volume": 1302168.75,
        "trend": 104.649512,
        "fair_value": 87.408656,
        "relative_strength": -44.904409,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.191699,
        "energy": 75.618017,
        "activity_lines": [
          90.509224,
          93.384483,
          97.264884,
          100.2322
        ]
      },
      {
        "date": "2026-05-29",
        "close": 85.583427,
        "volume": 2013337,
        "typical_volume": 1362531.95,
        "trend": 103.698585,
        "fair_value": 87.621852,
        "relative_strength": -48.005029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.995159,
        "energy": 79.186094,
        "activity_lines": [
          88.258698,
          91.638236,
          95.88604,
          99.00213
        ]
      },
      {
        "date": "2026-06-05",
        "close": 85.868706,
        "volume": 1526086,
        "typical_volume": 1370923.1,
        "trend": 102.614528,
        "fair_value": 87.841793,
        "relative_strength": -47.511607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.189267,
        "energy": 79.937116,
        "activity_lines": [
          86.927402,
          90.229135,
          94.622666,
          97.851815
        ]
      },
      {
        "date": "2026-06-12",
        "close": 85.67852,
        "volume": 1073387,
        "typical_volume": 1341223.8,
        "trend": 101.397342,
        "fair_value": 87.997147,
        "relative_strength": -45.800027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.49591,
        "energy": 82.686063,
        "activity_lines": [
          86.046211,
          88.970454,
          93.443969,
          96.75917
        ]
      },
      {
        "date": "2026-06-19",
        "close": 86.439262,
        "volume": 695123,
        "typical_volume": 1336254.85,
        "trend": 100.411548,
        "fair_value": 88.144812,
        "relative_strength": -47.321991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.36134,
        "energy": 80.776301,
        "activity_lines": [
          86.027193,
          88.021257,
          92.432364,
          95.794132
        ]
      },
      {
        "date": "2026-06-26",
        "close": 84.157036,
        "volume": 934512,
        "typical_volume": 1329359.5,
        "trend": 99.60326,
        "fair_value": 88.248349,
        "relative_strength": -45.855474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.751531,
        "energy": 80.453566,
        "activity_lines": [
          85.393242,
          86.857668,
          91.303478,
          94.745454
        ]
      },
      {
        "date": "2026-07-03",
        "close": 89.767509,
        "volume": 1063779,
        "typical_volume": 1325689.7,
        "trend": 98.744256,
        "fair_value": 88.413526,
        "relative_strength": -44.280624,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.538364,
        "energy": 50.940539,
        "activity_lines": [
          86.800615,
          87.008088,
          90.792695,
          94.110889
        ]
      },
      {
        "date": "2026-07-10",
        "close": 87.675461,
        "volume": 468001,
        "typical_volume": 1313989.35,
        "trend": 97.863063,
        "fair_value": 88.573487,
        "relative_strength": -43.15563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.913267,
        "energy": 41.657959,
        "activity_lines": [
          87.2317,
          86.926827,
          90.151045,
          93.396774
        ]
      },
      {
        "date": "2026-07-17",
        "close": 86.629448,
        "volume": 559005,
        "typical_volume": 1309612.55,
        "trend": 96.883608,
        "fair_value": 88.723464,
        "relative_strength": -39.566987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.959447,
        "energy": 40.537813,
        "activity_lines": [
          87.193663,
          86.762576,
          89.485849,
          92.672024
        ]
      },
      {
        "date": "2026-07-24",
        "close": 88.300003,
        "volume": 897302,
        "typical_volume": 1318112.9,
        "trend": 96.21342,
        "fair_value": 88.899993,
        "relative_strength": -39.048685,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.664123,
        "energy": 30.424723,
        "activity_lines": [
          87.649083,
          87.050753,
          89.058545,
          92.118243
        ]
      },
      {
        "date": "2026-07-31",
        "close": 83.5,
        "volume": 953171,
        "typical_volume": 1266291.9,
        "trend": 95.494172,
        "fair_value": 89.022262,
        "relative_strength": -40.859771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.264381,
        "energy": 46.130282,
        "activity_lines": [
          86.380452,
          86.472137,
          88.229085,
          91.298023
        ]
      },
      {
        "date": "2026-08-07",
        "close": 86.5,
        "volume": 311371,
        "typical_volume": 1204074.2,
        "trend": 94.906622,
        "fair_value": 89.156579,
        "relative_strength": -39.498787,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.796046,
        "energy": 39.007111,
        "activity_lines": [
          86.155624,
          86.497603,
          87.82205,
          90.717754
        ]
      },
      {
        "date": "2026-08-14",
        "close": 85.199997,
        "volume": 608224,
        "typical_volume": 1164172.75,
        "trend": 94.164797,
        "fair_value": 89.314103,
        "relative_strength": -41.686991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.020153,
        "energy": 42.519567,
        "activity_lines": [
          85.715296,
          86.270039,
          87.361557,
          90.09152
        ]
      }
    ],
    "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."
    }
  }
}