{
  "ticker": {
    "uuid": "22b4fd41-8f73-4347-9062-9b325ebc67c7",
    "symbol": "603197",
    "name": "Shanghai Baolong Automotive Corporation",
    "exchange": "SHH",
    "country": "CN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "000001.SS",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -42.915,
    "architecture_energy": 30.189,
    "architecture_maturity": 92.503,
    "architecture_confidence": 62.883,
    "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": 34.13,
        "rotation_up": 24.46,
        "upward_expansion": 15.3,
        "deceleration": 66.86,
        "rotation_down": 36.9,
        "downward_expansion": 62.97
      },
      "activity_lines": [
        29.052,
        28.931824,
        30.141678,
        31.203206
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 29.9,
    "trend_reference": 32.923094,
    "distance_from_trend": -0.091823,
    "trend_direction": "Weakening",
    "fair_value": 39.982713,
    "distance_from_fair_value": -0.252177,
    "fair_value_direction": "Weakening",
    "relative_strength": -15.078422,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.18573,
    "excess_performance": -0.142526,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.091823,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.06749,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.252177,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.087755,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.150784,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.005307,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.18573,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.113017,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 17687055,
      "relative_activity": 1.430262,
      "balance": 1.113017,
      "dry_up": 1.738267,
      "accumulation_observations": 4,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.086251,
      "annualized_volatility": 0.361206,
      "from_high_reference": -0.358366,
      "from_low_reference": 0.112351
    },
    "levels": {
      "trend_reference": 32.923094,
      "fair_value_reference": 39.982713,
      "structural_low": 26.879999,
      "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": 23,
        "median_return": 0.014223,
        "positive_rate": 0.565217,
        "directional_follow_through": 0.434783,
        "median_excess_return": 0.008488,
        "regime_survival": 0.782609,
        "best_return": 0.297342,
        "worst_return": -0.130871,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.07718,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -7e-06,
        "regime_survival": 0.5,
        "best_return": 0.678543,
        "worst_return": -0.232143,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.086908,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.051465,
        "regime_survival": 0.5,
        "best_return": 0.453802,
        "worst_return": -0.341837,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.242686,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.359646,
        "regime_survival": 0.333333,
        "best_return": 0.357419,
        "worst_return": -0.244207,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-21",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.192263,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-11",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.011248,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-05-02",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.070837,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-13",
        "tenure": "New",
        "return": -0.025354,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-20",
        "end": "2025-07-11",
        "tenure": "New",
        "return": 0.076391,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-18",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": 0.051115,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-08-29",
        "tenure": "New",
        "return": -0.107019,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-05",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": 0.175572,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-10",
        "end": "2025-10-24",
        "tenure": "New",
        "return": -0.099048,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-31",
        "end": "2025-11-14",
        "tenure": "New",
        "return": -0.027364,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-21",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.029942,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-12",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.125718,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.052832,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-13",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.123167,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 52.419102,
        "volume": 23218488,
        "typical_volume": 22308179.5,
        "trend": 45.538094,
        "fair_value": 37.683286,
        "relative_strength": 9.895315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.620066,
        "energy": 50.283828,
        "activity_lines": [
          53.113571,
          52.273356,
          48.842333,
          46.882071
        ]
      },
      {
        "date": "2023-08-04",
        "close": 56.244614,
        "volume": 15164260,
        "typical_volume": 22283067.05,
        "trend": 45.913301,
        "fair_value": 37.859382,
        "relative_strength": 17.723359,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.255873,
        "energy": 52.041254,
        "activity_lines": [
          54.120177,
          53.230154,
          49.849821,
          47.572815
        ]
      },
      {
        "date": "2023-08-11",
        "close": 53.78672,
        "volume": 10338782,
        "typical_volume": 21894679.3,
        "trend": 45.993842,
        "fair_value": 38.025993,
        "relative_strength": 16.597517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.403814,
        "energy": 42.90168,
        "activity_lines": [
          53.997761,
          53.570508,
          50.534295,
          48.080777
        ]
      },
      {
        "date": "2023-08-18",
        "close": 51.204498,
        "volume": 12062210,
        "typical_volume": 21334583.3,
        "trend": 46.10625,
        "fair_value": 38.17197,
        "relative_strength": 13.28188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.704782,
        "energy": 34.192404,
        "activity_lines": [
          53.088564,
          53.315293,
          50.896887,
          48.416949
        ]
      },
      {
        "date": "2023-08-25",
        "close": 51.395775,
        "volume": 10406372,
        "typical_volume": 20987140.3,
        "trend": 46.222814,
        "fair_value": 38.324201,
        "relative_strength": 16.368496,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.840151,
        "energy": 29.435148,
        "activity_lines": [
          52.53769,
          53.010543,
          51.217524,
          48.758208
        ]
      },
      {
        "date": "2023-09-01",
        "close": 54.59964,
        "volume": 13064041,
        "typical_volume": 20254527.6,
        "trend": 46.467732,
        "fair_value": 38.493775,
        "relative_strength": 21.000424,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.838841,
        "energy": 27.766795,
        "activity_lines": [
          53.067523,
          53.25223,
          51.784336,
          49.298649
        ]
      },
      {
        "date": "2023-09-08",
        "close": 53.318092,
        "volume": 10767227,
        "typical_volume": 19591430.85,
        "trend": 46.746973,
        "fair_value": 38.652781,
        "relative_strength": 18.62282,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.20988,
        "energy": 23.595743,
        "activity_lines": [
          53.024804,
          53.249061,
          52.164849,
          49.740607
        ]
      },
      {
        "date": "2023-09-15",
        "close": 54.618771,
        "volume": 16912752,
        "typical_volume": 18936282.45,
        "trend": 47.078131,
        "fair_value": 38.832377,
        "relative_strength": 21.10512,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.024522,
        "energy": 31.601793,
        "activity_lines": [
          53.610746,
          53.451118,
          52.590212,
          50.248465
        ]
      },
      {
        "date": "2023-09-22",
        "close": 57.239243,
        "volume": 15118887,
        "typical_volume": 19325695.25,
        "trend": 47.518197,
        "fair_value": 39.027934,
        "relative_strength": 25.880031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.182503,
        "energy": 41.190639,
        "activity_lines": [
          55.014709,
          54.134667,
          53.205245,
          50.904021
        ]
      },
      {
        "date": "2023-09-29",
        "close": 60.070126,
        "volume": 12324672,
        "typical_volume": 18494238.95,
        "trend": 48.123008,
        "fair_value": 39.252336,
        "relative_strength": 32.181586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.402743,
        "energy": 59.025432,
        "activity_lines": [
          56.959983,
          55.303536,
          54.014881,
          51.713823
        ]
      },
      {
        "date": "2023-10-13",
        "close": 61.600334,
        "volume": 11705277,
        "typical_volume": 18209814.5,
        "trend": 48.913253,
        "fair_value": 39.471845,
        "relative_strength": 35.527087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.88629,
        "energy": 75.655504,
        "activity_lines": [
          58.837036,
          56.596386,
          54.898162,
          52.583328
        ]
      },
      {
        "date": "2023-10-20",
        "close": 56.531525,
        "volume": 10292610,
        "typical_volume": 17741129.0,
        "trend": 49.545318,
        "fair_value": 39.672727,
        "relative_strength": 27.906461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.973681,
        "energy": 66.339935,
        "activity_lines": [
          58.557773,
          56.800703,
          55.215925,
          53.074829
        ]
      },
      {
        "date": "2023-10-27",
        "close": 58.826828,
        "volume": 14668488,
        "typical_volume": 17376559.8,
        "trend": 50.245015,
        "fair_value": 39.884139,
        "relative_strength": 30.735491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.794698,
        "energy": 58.401435,
        "activity_lines": [
          58.829382,
          57.417131,
          55.706517,
          53.673636
        ]
      },
      {
        "date": "2023-11-03",
        "close": 61.303852,
        "volume": 16114350,
        "typical_volume": 17263713.8,
        "trend": 51.002867,
        "fair_value": 40.107903,
        "relative_strength": 34.381863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.605184,
        "energy": 51.020845,
        "activity_lines": [
          59.646129,
          58.392289,
          56.375995,
          54.38711
        ]
      },
      {
        "date": "2023-11-10",
        "close": 57.009712,
        "volume": 25279277,
        "typical_volume": 17129460.45,
        "trend": 51.60268,
        "fair_value": 40.303602,
        "relative_strength": 23.770769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.426147,
        "energy": 34.777539,
        "activity_lines": [
          58.760522,
          58.40307,
          56.566333,
          54.774648
        ]
      },
      {
        "date": "2023-11-17",
        "close": 59.161568,
        "volume": 18192333,
        "typical_volume": 16974220.2,
        "trend": 52.204472,
        "fair_value": 40.506402,
        "relative_strength": 27.158998,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.994927,
        "energy": 35.066371,
        "activity_lines": [
          58.796228,
          58.703025,
          56.925426,
          55.262318
        ]
      },
      {
        "date": "2023-11-24",
        "close": 57.784382,
        "volume": 11003705,
        "typical_volume": 16314828.25,
        "trend": 52.906515,
        "fair_value": 40.69332,
        "relative_strength": 24.014005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.695133,
        "energy": 26.921081,
        "activity_lines": [
          58.535457,
          58.669639,
          57.128533,
          55.622312
        ]
      },
      {
        "date": "2023-12-01",
        "close": 55.804676,
        "volume": 9395472,
        "typical_volume": 15139603.5,
        "trend": 53.365341,
        "fair_value": 40.867547,
        "relative_strength": 19.4865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.426571,
        "energy": 16.512575,
        "activity_lines": [
          57.531259,
          58.195101,
          57.113641,
          55.80929
        ]
      },
      {
        "date": "2023-12-08",
        "close": 53.930176,
        "volume": 11254188,
        "typical_volume": 14405058.85,
        "trend": 53.780072,
        "fair_value": 41.034481,
        "relative_strength": 17.123537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 16.527055,
        "energy": 12.639417,
        "activity_lines": [
          56.103705,
          57.358183,
          56.915898,
          55.845731
        ]
      },
      {
        "date": "2023-12-15",
        "close": 54.513565,
        "volume": 11107091,
        "typical_volume": 13919524.1,
        "trend": 54.099479,
        "fair_value": 41.184294,
        "relative_strength": 18.820343,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.619197,
        "energy": 12.866465,
        "activity_lines": [
          55.362193,
          56.687501,
          56.781777,
          55.893054
        ]
      },
      {
        "date": "2023-12-22",
        "close": 51.51054,
        "volume": 9302003,
        "typical_volume": 13223699.85,
        "trend": 54.342564,
        "fair_value": 41.326812,
        "relative_strength": 12.86248,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.841478,
        "energy": 28.336935,
        "activity_lines": [
          53.786081,
          55.571843,
          56.347718,
          55.726025
        ]
      },
      {
        "date": "2023-12-29",
        "close": 53.939739,
        "volume": 11747724,
        "typical_volume": 13052873.05,
        "trend": 54.576582,
        "fair_value": 41.480119,
        "relative_strength": 15.21302,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.312498,
        "energy": 30.296141,
        "activity_lines": [
          53.529772,
          55.081307,
          56.149338,
          55.700037
        ]
      },
      {
        "date": "2024-01-05",
        "close": 50.018585,
        "volume": 9475677,
        "typical_volume": 13009717.8,
        "trend": 54.682114,
        "fair_value": 41.629749,
        "relative_strength": 8.092187,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.694702,
        "energy": 49.141811,
        "activity_lines": [
          52.22272,
          53.924959,
          55.58849,
          55.405972
        ]
      },
      {
        "date": "2024-01-12",
        "close": 51.472282,
        "volume": 11781960,
        "typical_volume": 12995705.3,
        "trend": 54.845614,
        "fair_value": 41.785887,
        "relative_strength": 12.603577,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.222779,
        "energy": 49.963855,
        "activity_lines": [
          51.785974,
          53.193068,
          55.184033,
          55.198886
        ]
      },
      {
        "date": "2024-01-19",
        "close": 48.392742,
        "volume": 9974506,
        "typical_volume": 12974112.0,
        "trend": 54.811667,
        "fair_value": 41.925214,
        "relative_strength": 7.617577,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.057285,
        "energy": 65.81091,
        "activity_lines": [
          50.486574,
          52.080017,
          54.485011,
          54.782572
        ]
      },
      {
        "date": "2024-01-26",
        "close": 45.724449,
        "volume": 12639593,
        "typical_volume": 12952889.6,
        "trend": 54.537547,
        "fair_value": 42.050186,
        "relative_strength": -1.128522,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.094076,
        "energy": 79.191999,
        "activity_lines": [
          48.705798,
          50.638494,
          53.546166,
          54.1963
        ]
      },
      {
        "date": "2024-02-02",
        "close": 38.331646,
        "volume": 32326499,
        "typical_volume": 14030853.2,
        "trend": 54.09531,
        "fair_value": 42.137869,
        "relative_strength": -11.579847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.96876,
        "energy": 93.270901,
        "activity_lines": [
          44.846493,
          48.097136,
          51.945508,
          53.150758
        ]
      },
      {
        "date": "2024-02-09",
        "close": 43.362194,
        "volume": 21248938,
        "typical_volume": 14247662.5,
        "trend": 53.710846,
        "fair_value": 42.260968,
        "relative_strength": -4.788786,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.45822,
        "energy": 85.8906,
        "activity_lines": [
          43.704578,
          46.82411,
          50.895313,
          52.458299
        ]
      },
      {
        "date": "2024-02-23",
        "close": 43.869072,
        "volume": 24462537,
        "typical_volume": 14714845.0,
        "trend": 53.31905,
        "fair_value": 42.386717,
        "relative_strength": -8.221581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.95744,
        "energy": 83.408775,
        "activity_lines": [
          43.175381,
          45.86947,
          49.946996,
          51.823346
        ]
      },
      {
        "date": "2024-03-01",
        "close": 46.37479,
        "volume": 28891448,
        "typical_volume": 15543183.8,
        "trend": 53.145308,
        "fair_value": 42.537734,
        "relative_strength": -3.858718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.204277,
        "energy": 68.190402,
        "activity_lines": [
          43.988304,
          45.553344,
          49.300985,
          51.375329
        ]
      },
      {
        "date": "2024-03-08",
        "close": 44.949783,
        "volume": 15912574,
        "typical_volume": 15753548.65,
        "trend": 52.896331,
        "fair_value": 42.686011,
        "relative_strength": -7.536812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.082476,
        "energy": 47.091388,
        "activity_lines": [
          44.460755,
          45.126104,
          48.584476,
          50.846585
        ]
      },
      {
        "date": "2024-03-15",
        "close": 49.817749,
        "volume": 18373630,
        "typical_volume": 16157599.65,
        "trend": 52.682102,
        "fair_value": 42.866569,
        "relative_strength": 1.732586,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.006457,
        "energy": 28.321488,
        "activity_lines": [
          46.607506,
          45.703235,
          48.41087,
          50.647967
        ]
      },
      {
        "date": "2024-03-22",
        "close": 47.092072,
        "volume": 17014014,
        "typical_volume": 16274875.95,
        "trend": 52.458947,
        "fair_value": 43.022005,
        "relative_strength": -4.053219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.789132,
        "energy": 21.860307,
        "activity_lines": [
          47.079957,
          45.859734,
          48.009647,
          50.28732
        ]
      },
      {
        "date": "2024-03-29",
        "close": 43.572598,
        "volume": 17451430,
        "typical_volume": 16341729.95,
        "trend": 52.20455,
        "fair_value": 43.153923,
        "relative_strength": -11.316781,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.636917,
        "energy": 27.214976,
        "activity_lines": [
          46.130592,
          45.429537,
          47.329115,
          49.714007
        ]
      },
      {
        "date": "2024-04-05",
        "close": 43.1231,
        "volume": 9872940,
        "typical_volume": 15571413.1,
        "trend": 51.928794,
        "fair_value": 43.278656,
        "relative_strength": -13.290302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.792177,
        "energy": 33.482382,
        "activity_lines": [
          45.051159,
          45.061245,
          46.690209,
          49.128107
        ]
      },
      {
        "date": "2024-04-12",
        "close": 42.166721,
        "volume": 11837435,
        "typical_volume": 15253668.2,
        "trend": 51.514364,
        "fair_value": 43.403296,
        "relative_strength": -14.036827,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.669621,
        "energy": 44.302996,
        "activity_lines": [
          43.869713,
          44.614877,
          46.026346,
          48.498296
        ]
      },
      {
        "date": "2024-04-19",
        "close": 41.296417,
        "volume": 19332216,
        "typical_volume": 15670093.75,
        "trend": 51.113641,
        "fair_value": 43.526062,
        "relative_strength": -17.239864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.711438,
        "energy": 56.839224,
        "activity_lines": [
          42.583702,
          44.074957,
          45.360524,
          47.839074
        ]
      },
      {
        "date": "2024-04-26",
        "close": 41.296417,
        "volume": 18988520,
        "typical_volume": 16149746.15,
        "trend": 50.669563,
        "fair_value": 43.649725,
        "relative_strength": -17.968521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.749889,
        "energy": 59.512037,
        "activity_lines": [
          41.865781,
          43.481133,
          44.773217,
          47.205704
        ]
      },
      {
        "date": "2024-05-03",
        "close": 39.192387,
        "volume": 19615492,
        "typical_volume": 16567811.35,
        "trend": 50.068001,
        "fair_value": 43.761096,
        "relative_strength": -22.69065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.683234,
        "energy": 67.093246,
        "activity_lines": [
          40.832893,
          42.542318,
          44.054613,
          46.465241
        ]
      },
      {
        "date": "2024-05-10",
        "close": 40.741718,
        "volume": 39532850,
        "typical_volume": 17989099.3,
        "trend": 49.423721,
        "fair_value": 43.867755,
        "relative_strength": -20.925913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.687425,
        "energy": 59.097203,
        "activity_lines": [
          40.608463,
          41.97023,
          43.553744,
          45.863546
        ]
      },
      {
        "date": "2024-05-17",
        "close": 40.158329,
        "volume": 25881961,
        "typical_volume": 18818097.2,
        "trend": 48.708987,
        "fair_value": 43.963203,
        "relative_strength": -22.071945,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.964592,
        "energy": 55.906048,
        "activity_lines": [
          40.348329,
          41.39449,
          43.062894,
          45.265778
        ]
      },
      {
        "date": "2024-05-24",
        "close": 38.216877,
        "volume": 16292948,
        "typical_volume": 19045358.4,
        "trend": 48.098499,
        "fair_value": 44.044412,
        "relative_strength": -24.153831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.744584,
        "energy": 63.353773,
        "activity_lines": [
          39.574936,
          40.552877,
          42.441202,
          44.588868
        ]
      },
      {
        "date": "2024-05-31",
        "close": 38.40501,
        "volume": 10364000,
        "typical_volume": 19089774.55,
        "trend": 47.417772,
        "fair_value": 44.118221,
        "relative_strength": -23.637372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.550889,
        "energy": 60.756971,
        "activity_lines": [
          39.069558,
          39.956394,
          41.912299,
          43.963482
        ]
      },
      {
        "date": "2024-06-07",
        "close": 35.848564,
        "volume": 12739125,
        "typical_volume": 19137632.8,
        "trend": 46.569262,
        "fair_value": 44.169307,
        "relative_strength": -27.646445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.221626,
        "energy": 73.026588,
        "activity_lines": [
          37.904791,
          39.05305,
          41.195227,
          43.217081
        ]
      },
      {
        "date": "2024-06-14",
        "close": 34.361355,
        "volume": 11060743,
        "typical_volume": 19191944.65,
        "trend": 45.814317,
        "fair_value": 44.216059,
        "relative_strength": -29.958351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.219847,
        "energy": 84.651739,
        "activity_lines": [
          36.46721,
          38.019741,
          40.410915,
          42.429474
        ]
      },
      {
        "date": "2024-06-21",
        "close": 33.301838,
        "volume": 12704545,
        "typical_volume": 19195192.25,
        "trend": 44.952326,
        "fair_value": 44.254644,
        "relative_strength": -31.06634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.96776,
        "energy": 89.446125,
        "activity_lines": [
          35.101813,
          36.953097,
          39.592513,
          41.622218
        ]
      },
      {
        "date": "2024-06-28",
        "close": 30.619028,
        "volume": 14391602,
        "typical_volume": 18298447.4,
        "trend": 44.046814,
        "fair_value": 44.264796,
        "relative_strength": -35.596052,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.497577,
        "energy": 94.390777,
        "activity_lines": [
          33.299246,
          35.559849,
          38.57776,
          40.697489
        ]
      },
      {
        "date": "2024-07-05",
        "close": 31.328613,
        "volume": 16160712,
        "typical_volume": 18044036.1,
        "trend": 43.230945,
        "fair_value": 44.276149,
        "relative_strength": -33.212248,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.120879,
        "energy": 90.594255,
        "activity_lines": [
          32.239731,
          34.489751,
          37.667314,
          39.87696
        ]
      },
      {
        "date": "2024-07-12",
        "close": 35.100098,
        "volume": 35779271,
        "typical_volume": 18609872.8,
        "trend": 42.603276,
        "fair_value": 44.308092,
        "relative_strength": -25.321534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.568529,
        "energy": 69.464477,
        "activity_lines": [
          32.909137,
          34.286611,
          37.173359,
          39.352389
        ]
      },
      {
        "date": "2024-07-19",
        "close": 31.396654,
        "volume": 33924356,
        "typical_volume": 18861518.2,
        "trend": 41.832712,
        "fair_value": 44.311334,
        "relative_strength": -32.905565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.940724,
        "energy": 64.947433,
        "activity_lines": [
          32.39396,
          33.484522,
          36.368452,
          38.629381
        ]
      },
      {
        "date": "2024-07-26",
        "close": 29.831682,
        "volume": 22630733,
        "typical_volume": 19197426.15,
        "trend": 41.110084,
        "fair_value": 44.30275,
        "relative_strength": -33.676401,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.730349,
        "energy": 64.083245,
        "activity_lines": [
          31.554772,
          32.567803,
          35.485825,
          37.855121
        ]
      },
      {
        "date": "2024-08-02",
        "close": 30.09413,
        "volume": 19318597,
        "typical_volume": 19244674.5,
        "trend": 40.31523,
        "fair_value": 44.313362,
        "relative_strength": -32.934173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.630025,
        "energy": 60.031909,
        "activity_lines": [
          31.03441,
          31.886559,
          34.700184,
          37.144414
        ]
      },
      {
        "date": "2024-08-09",
        "close": 28.101463,
        "volume": 14013842,
        "typical_volume": 19094665.9,
        "trend": 39.584659,
        "fair_value": 44.303132,
        "relative_strength": -35.93771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.410153,
        "energy": 68.239611,
        "activity_lines": [
          29.884819,
          30.990698,
          33.818687,
          36.356429
        ]
      },
      {
        "date": "2024-08-16",
        "close": 27.352999,
        "volume": 9302177,
        "typical_volume": 18687203.25,
        "trend": 38.780683,
        "fair_value": 44.269694,
        "relative_strength": -37.419953,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.78049,
        "energy": 81.828011,
        "activity_lines": [
          28.700884,
          30.14609,
          32.95634,
          35.56729
        ]
      },
      {
        "date": "2024-08-23",
        "close": 27.858456,
        "volume": 15241618,
        "typical_volume": 18955637.15,
        "trend": 38.096207,
        "fair_value": 44.223299,
        "relative_strength": -35.119912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.903024,
        "energy": 78.514309,
        "activity_lines": [
          28.201907,
          29.547848,
          32.219367,
          34.86263
        ]
      },
      {
        "date": "2024-08-30",
        "close": 28.966572,
        "volume": 18580516,
        "typical_volume": 19292791.2,
        "trend": 37.537611,
        "fair_value": 44.199488,
        "relative_strength": -31.713193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.685666,
        "energy": 63.642345,
        "activity_lines": [
          28.308182,
          29.269317,
          31.660618,
          34.273621
        ]
      },
      {
        "date": "2024-09-06",
        "close": 31.250853,
        "volume": 31335581,
        "typical_volume": 19892959.45,
        "trend": 37.301585,
        "fair_value": 44.195459,
        "relative_strength": -23.755063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.769982,
        "energy": 49.352292,
        "activity_lines": [
          29.233559,
          29.484932,
          31.382277,
          33.868024
        ]
      },
      {
        "date": "2024-09-13",
        "close": 30.424622,
        "volume": 18503858,
        "typical_volume": 19868726.35,
        "trend": 36.870332,
        "fair_value": 44.173404,
        "relative_strength": -23.463454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.146007,
        "energy": 35.674547,
        "activity_lines": [
          29.80641,
          29.538835,
          31.073084,
          33.424349
        ]
      },
      {
        "date": "2024-09-20",
        "close": 31.28001,
        "volume": 10027907,
        "typical_volume": 19389347.1,
        "trend": 36.450697,
        "fair_value": 44.183309,
        "relative_strength": -21.670715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.690209,
        "energy": 25.16853,
        "activity_lines": [
          30.509513,
          29.7647,
          30.897126,
          33.063683
        ]
      },
      {
        "date": "2024-09-27",
        "close": 35.009361,
        "volume": 28843911,
        "typical_volume": 18854900.15,
        "trend": 36.071849,
        "fair_value": 44.215627,
        "relative_strength": -21.652106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.943052,
        "energy": 18.561831,
        "activity_lines": [
          32.193933,
          30.738085,
          31.114023,
          32.970694
        ]
      },
      {
        "date": "2024-10-04",
        "close": 38.433979,
        "volume": 11742401,
        "typical_volume": 18147922.15,
        "trend": 35.854656,
        "fair_value": 44.277667,
        "relative_strength": -19.685513,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 19.696771,
        "energy": 29.923321,
        "activity_lines": [
          34.543164,
          32.268442,
          31.684371,
          33.123089
        ]
      },
      {
        "date": "2024-10-11",
        "close": 37.210903,
        "volume": 35909176,
        "typical_volume": 19128733.55,
        "trend": 35.434428,
        "fair_value": 44.33629,
        "relative_strength": -18.52506,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 32.571582,
        "energy": 41.076687,
        "activity_lines": [
          35.853544,
          33.420017,
          32.146447,
          33.210589
        ]
      },
      {
        "date": "2024-10-18",
        "close": 36.398781,
        "volume": 26537575,
        "typical_volume": 19937412.3,
        "trend": 35.077984,
        "fair_value": 44.402857,
        "relative_strength": -20.42668,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.883287,
        "energy": 47.650864,
        "activity_lines": [
          36.495879,
          34.294536,
          32.535968,
          33.272805
        ]
      },
      {
        "date": "2024-10-25",
        "close": 39.529858,
        "volume": 34188653,
        "typical_volume": 21009888.7,
        "trend": 34.943227,
        "fair_value": 44.489016,
        "relative_strength": -13.756083,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 40.268241,
        "energy": 66.306981,
        "activity_lines": [
          37.783629,
          35.587483,
          33.23324,
          33.560023
        ]
      },
      {
        "date": "2024-11-01",
        "close": 37.475086,
        "volume": 29099969,
        "typical_volume": 21911850.0,
        "trend": 34.754959,
        "fair_value": 44.568699,
        "relative_strength": -16.619122,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.412924,
        "energy": 53.209455,
        "activity_lines": [
          37.836466,
          36.285437,
          33.71729,
          33.723369
        ]
      },
      {
        "date": "2024-11-08",
        "close": 40.410469,
        "volume": 32169850,
        "typical_volume": 22885115.25,
        "trend": 34.696418,
        "fair_value": 44.660563,
        "relative_strength": -13.754357,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 47.414608,
        "energy": 55.96961,
        "activity_lines": [
          38.703382,
          37.342249,
          34.466073,
          34.08824
        ]
      },
      {
        "date": "2024-11-15",
        "close": 39.911461,
        "volume": 35496997,
        "typical_volume": 23940385.0,
        "trend": 34.650252,
        "fair_value": 44.72981,
        "relative_strength": -10.854287,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 39.417269,
        "energy": 46.283253,
        "activity_lines": [
          39.272196,
          38.100261,
          35.133481,
          34.424695
        ]
      },
      {
        "date": "2024-11-22",
        "close": 39.803825,
        "volume": 24469330,
        "typical_volume": 24355815.9,
        "trend": 34.600499,
        "fair_value": 44.793328,
        "relative_strength": -8.424292,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 62.210786,
        "energy": 48.845444,
        "activity_lines": [
          39.625094,
          38.681238,
          35.746387,
          34.757183
        ]
      },
      {
        "date": "2024-11-29",
        "close": 38.218719,
        "volume": 23993526,
        "typical_volume": 23766528.65,
        "trend": 34.568044,
        "fair_value": 44.847292,
        "relative_strength": -12.689482,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.606817,
        "energy": 44.703986,
        "activity_lines": [
          39.22262,
          38.803483,
          36.167974,
          34.990617
        ]
      },
      {
        "date": "2024-12-06",
        "close": 38.257854,
        "volume": 19189745,
        "typical_volume": 23029798.1,
        "trend": 34.485248,
        "fair_value": 44.892945,
        "relative_strength": -13.68876,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.810731,
        "energy": 38.542009,
        "activity_lines": [
          38.920601,
          38.806684,
          36.578437,
          35.228669
        ]
      },
      {
        "date": "2024-12-13",
        "close": 38.570965,
        "volume": 21164114,
        "typical_volume": 22956467.15,
        "trend": 34.432336,
        "fair_value": 44.917956,
        "relative_strength": -11.784889,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.90249,
        "energy": 29.557158,
        "activity_lines": [
          38.670767,
          38.807752,
          36.986047,
          35.492264
        ]
      },
      {
        "date": "2024-12-20",
        "close": 37.954533,
        "volume": 11120764,
        "typical_volume": 22546575.5,
        "trend": 34.423591,
        "fair_value": 44.918613,
        "relative_strength": -11.624325,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.469675,
        "energy": 23.567492,
        "activity_lines": [
          38.33809,
          38.69425,
          37.293334,
          35.719502
        ]
      },
      {
        "date": "2024-12-27",
        "close": 37.866474,
        "volume": 14706258,
        "typical_volume": 22581196.3,
        "trend": 34.40564,
        "fair_value": 44.849667,
        "relative_strength": -11.791637,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.814224,
        "energy": 21.700866,
        "activity_lines": [
          38.106522,
          38.551217,
          37.554804,
          35.941624
        ]
      },
      {
        "date": "2025-01-03",
        "close": 34.255947,
        "volume": 11763021,
        "typical_volume": 22704238.5,
        "trend": 34.352553,
        "fair_value": 44.728855,
        "relative_strength": -14.541437,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.780915,
        "energy": 13.673973,
        "activity_lines": [
          36.800601,
          37.72504,
          37.425915,
          35.931966
        ]
      },
      {
        "date": "2025-01-10",
        "close": 33.668869,
        "volume": 12129260,
        "typical_volume": 22548620.6,
        "trend": 34.32947,
        "fair_value": 44.617881,
        "relative_strength": -14.014166,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.628764,
        "energy": 16.071105,
        "activity_lines": [
          35.563172,
          36.88801,
          37.208241,
          35.887858
        ]
      },
      {
        "date": "2025-01-17",
        "close": 35.664936,
        "volume": 10955207,
        "typical_volume": 22167355.15,
        "trend": 34.40824,
        "fair_value": 44.530754,
        "relative_strength": -10.015461,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.062264,
        "energy": 18.766098,
        "activity_lines": [
          35.297032,
          36.483105,
          37.153001,
          35.974017
        ]
      },
      {
        "date": "2025-01-24",
        "close": 35.713856,
        "volume": 17646539,
        "typical_volume": 21482903.05,
        "trend": 34.578068,
        "fair_value": 44.371014,
        "relative_strength": -9.320423,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.213495,
        "energy": 19.700302,
        "activity_lines": [
          35.240933,
          36.173377,
          37.070523,
          36.05825
        ]
      },
      {
        "date": "2025-01-31",
        "close": 34.627762,
        "volume": 3359356,
        "typical_volume": 20725677.95,
        "trend": 34.688039,
        "fair_value": 44.238377,
        "relative_strength": -11.310729,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -0.300317,
        "energy": 22.039209,
        "activity_lines": [
          34.972182,
          35.742498,
          36.863355,
          36.061456
        ]
      },
      {
        "date": "2025-02-07",
        "close": 42.592442,
        "volume": 46821695,
        "typical_volume": 22565367.35,
        "trend": 34.937784,
        "fair_value": 44.161653,
        "relative_strength": 7.533884,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.982481,
        "energy": 27.993607,
        "activity_lines": [
          37.574238,
          36.853853,
          37.394713,
          36.571418
        ]
      },
      {
        "date": "2025-02-14",
        "close": 47.474968,
        "volume": 79109629,
        "typical_volume": 25078653.25,
        "trend": 35.473728,
        "fair_value": 44.034315,
        "relative_strength": 18.498412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 81.385033,
        "energy": 73.629109,
        "activity_lines": [
          41.248036,
          38.773417,
          38.337205,
          37.380268
        ]
      },
      {
        "date": "2025-02-21",
        "close": 50.586475,
        "volume": 51157058,
        "typical_volume": 27049386.1,
        "trend": 36.165554,
        "fair_value": 44.002277,
        "relative_strength": 24.980039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.601027,
        "energy": 89.708194,
        "activity_lines": [
          45.038597,
          41.091126,
          39.516671,
          38.355284
        ]
      },
      {
        "date": "2025-02-28",
        "close": 47.5826,
        "volume": 47296151,
        "typical_volume": 27618734.85,
        "trend": 36.748503,
        "fair_value": 43.968774,
        "relative_strength": 19.810251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.328713,
        "energy": 86.004293,
        "activity_lines": [
          46.833097,
          42.644212,
          40.352184,
          39.091868
        ]
      },
      {
        "date": "2025-03-07",
        "close": 48.629551,
        "volume": 33346208,
        "typical_volume": 27959166.5,
        "trend": 37.432773,
        "fair_value": 43.966575,
        "relative_strength": 20.636707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.060563,
        "energy": 87.302598,
        "activity_lines": [
          48.185331,
          44.212598,
          41.238018,
          39.858387
        ]
      },
      {
        "date": "2025-03-14",
        "close": 44.813549,
        "volume": 32617648,
        "typical_volume": 27880616.25,
        "trend": 38.014791,
        "fair_value": 43.941372,
        "relative_strength": 10.209846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.095959,
        "energy": 76.835589,
        "activity_lines": [
          47.332111,
          44.891472,
          41.702182,
          40.334566
        ]
      },
      {
        "date": "2025-03-21",
        "close": 43.52198,
        "volume": 24603539,
        "typical_volume": 27655794.75,
        "trend": 38.536909,
        "fair_value": 43.899752,
        "relative_strength": 9.2188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.492878,
        "energy": 47.009438,
        "activity_lines": [
          45.900295,
          45.143559,
          42.018178,
          40.689868
        ]
      },
      {
        "date": "2025-03-28",
        "close": 43.942722,
        "volume": 19887598,
        "typical_volume": 27041682.15,
        "trend": 39.036114,
        "fair_value": 43.916875,
        "relative_strength": 10.938634,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.633158,
        "energy": 32.703289,
        "activity_lines": [
          44.872259,
          45.292997,
          42.345451,
          41.038631
        ]
      },
      {
        "date": "2025-04-04",
        "close": 40.860565,
        "volume": 13727720,
        "typical_volume": 25953218.3,
        "trend": 39.356437,
        "fair_value": 43.924746,
        "relative_strength": 3.752214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.261285,
        "energy": 22.631205,
        "activity_lines": [
          43.259753,
          44.731538,
          42.362364,
          41.156337
        ]
      },
      {
        "date": "2025-04-11",
        "close": 35.664936,
        "volume": 30827631,
        "typical_volume": 26271133.35,
        "trend": 39.531115,
        "fair_value": 43.892328,
        "relative_strength": -6.08579,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.553519,
        "energy": 17.311151,
        "activity_lines": [
          40.363508,
          43.131842,
          41.879936,
          40.918176
        ]
      },
      {
        "date": "2025-04-18",
        "close": 33.248131,
        "volume": 26062036,
        "typical_volume": 26374558.85,
        "trend": 39.596719,
        "fair_value": 43.845997,
        "relative_strength": -13.004132,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.740515,
        "energy": 36.058771,
        "activity_lines": [
          37.525968,
          41.07387,
          41.187045,
          40.512822
        ]
      },
      {
        "date": "2025-04-25",
        "close": 36.066105,
        "volume": 26700281,
        "typical_volume": 26750085.65,
        "trend": 39.631943,
        "fair_value": 43.833759,
        "relative_strength": -5.778971,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -23.951762,
        "energy": 35.033527,
        "activity_lines": [
          36.398781,
          39.698153,
          40.786202,
          40.28504
        ]
      },
      {
        "date": "2025-05-02",
        "close": 36.604259,
        "volume": 18622555,
        "typical_volume": 26623007.7,
        "trend": 39.570953,
        "fair_value": 43.844342,
        "relative_strength": -3.672808,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.495037,
        "energy": 37.399058,
        "activity_lines": [
          35.948036,
          38.627716,
          40.447049,
          40.089706
        ]
      },
      {
        "date": "2025-05-09",
        "close": 37.846905,
        "volume": 25216774,
        "typical_volume": 27327808.2,
        "trend": 39.592153,
        "fair_value": 43.86878,
        "relative_strength": -2.020619,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.563388,
        "energy": 41.744948,
        "activity_lines": [
          36.400738,
          38.037437,
          40.235608,
          39.978477
        ]
      },
      {
        "date": "2025-05-16",
        "close": 39.128693,
        "volume": 30695127,
        "typical_volume": 28127251.65,
        "trend": 39.68315,
        "fair_value": 43.913761,
        "relative_strength": 0.718235,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.559006,
        "energy": 19.51646,
        "activity_lines": [
          37.481614,
          37.857223,
          40.146755,
          39.948576
        ]
      },
      {
        "date": "2025-05-23",
        "close": 39.197182,
        "volume": 44820527,
        "typical_volume": 29780126.95,
        "trend": 39.672061,
        "fair_value": 43.980737,
        "relative_strength": 1.58254,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -2.168924,
        "energy": 7.46692,
        "activity_lines": [
          38.354401,
          37.862205,
          40.058414,
          39.917224
        ]
      },
      {
        "date": "2025-05-30",
        "close": 36.985855,
        "volume": 27634266,
        "typical_volume": 30555377.25,
        "trend": 39.655753,
        "fair_value": 44.034206,
        "relative_strength": -3.899583,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -14.678004,
        "energy": 10.4262,
        "activity_lines": [
          38.093477,
          37.567242,
          39.735941,
          39.74392
        ]
      },
      {
        "date": "2025-06-06",
        "close": 37.289181,
        "volume": 16842053,
        "typical_volume": 30849719.55,
        "trend": 39.55171,
        "fair_value": 44.051669,
        "relative_strength": -4.077566,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -12.107754,
        "energy": 10.098222,
        "activity_lines": [
          37.872344,
          37.446269,
          39.426561,
          39.591238
        ]
      },
      {
        "date": "2025-06-13",
        "close": 36.048103,
        "volume": 22038199,
        "typical_volume": 31069302.55,
        "trend": 39.422931,
        "fair_value": 44.056196,
        "relative_strength": -6.93827,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.834213,
        "energy": 33.665071,
        "activity_lines": [
          37.191857,
          37.220618,
          38.991248,
          39.365199
        ]
      },
      {
        "date": "2025-06-20",
        "close": 35.829933,
        "volume": 14125457,
        "typical_volume": 31607607.6,
        "trend": 39.290468,
        "fair_value": 44.070559,
        "relative_strength": -6.961522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.435463,
        "energy": 49.331461,
        "activity_lines": [
          36.558567,
          37.0428,
          38.533566,
          39.133393
        ]
      },
      {
        "date": "2025-06-27",
        "close": 38.894272,
        "volume": 25006835,
        "typical_volume": 30516864.6,
        "trend": 39.312987,
        "fair_value": 44.060725,
        "relative_strength": -1.074515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.676844,
        "energy": 30.000231,
        "activity_lines": [
          37.166641,
          37.419134,
          38.362,
          39.107832
        ]
      },
      {
        "date": "2025-07-04",
        "close": 37.793491,
        "volume": 16233121,
        "typical_volume": 27373039.2,
        "trend": 39.297508,
        "fair_value": 44.015538,
        "relative_strength": -5.247559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.708501,
        "energy": 27.09039,
        "activity_lines": [
          37.427982,
          37.492669,
          38.103209,
          39.0098
        ]
      },
      {
        "date": "2025-07-11",
        "close": 38.567009,
        "volume": 17576629,
        "typical_volume": 25694017.75,
        "trend": 39.297376,
        "fair_value": 43.939059,
        "relative_strength": -4.218674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.776197,
        "energy": 17.501909,
        "activity_lines": [
          37.89332,
          37.675436,
          37.964189,
          38.962671
        ]
      },
      {
        "date": "2025-07-18",
        "close": 39.578541,
        "volume": 20574228,
        "typical_volume": 24357921.6,
        "trend": 39.35151,
        "fair_value": 43.850117,
        "relative_strength": -2.49203,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.547454,
        "energy": 14.426169,
        "activity_lines": [
          38.610646,
          38.006432,
          37.97874,
          38.98081
        ]
      },
      {
        "date": "2025-07-25",
        "close": 39.856213,
        "volume": 24655898,
        "typical_volume": 23923406.1,
        "trend": 39.417834,
        "fair_value": 43.799781,
        "relative_strength": -3.549358,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.264847,
        "energy": 13.658031,
        "activity_lines": [
          39.185167,
          38.35643,
          38.057851,
          39.013372
        ]
      },
      {
        "date": "2025-08-01",
        "close": 38.914104,
        "volume": 29146950,
        "typical_volume": 23749871.2,
        "trend": 39.573106,
        "fair_value": 43.741089,
        "relative_strength": -5.028673,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.054627,
        "energy": 15.358015,
        "activity_lines": [
          39.177234,
          38.521907,
          38.089015,
          38.980873
        ]
      },
      {
        "date": "2025-08-08",
        "close": 40.084301,
        "volume": 21811200,
        "typical_volume": 23610254.25,
        "trend": 39.786954,
        "fair_value": 43.665267,
        "relative_strength": -4.388972,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.757472,
        "energy": 18.800886,
        "activity_lines": [
          39.558043,
          38.905295,
          38.259719,
          39.013853
        ]
      },
      {
        "date": "2025-08-15",
        "close": 41.601597,
        "volume": 34947486,
        "typical_volume": 24363248.65,
        "trend": 39.984843,
        "fair_value": 43.540517,
        "relative_strength": -2.709044,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.562469,
        "energy": 42.307832,
        "activity_lines": [
          40.291898,
          39.508219,
          38.591297,
          39.130927
        ]
      },
      {
        "date": "2025-08-22",
        "close": 42.811462,
        "volume": 36444057,
        "typical_volume": 25499065.5,
        "trend": 40.22143,
        "fair_value": 43.391636,
        "relative_strength": -3.484762,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.280211,
        "energy": 52.954337,
        "activity_lines": [
          41.226735,
          40.252711,
          39.049249,
          39.31329
        ]
      },
      {
        "date": "2025-08-29",
        "close": 38.229836,
        "volume": 56018826,
        "typical_volume": 26758625.25,
        "trend": 40.341499,
        "fair_value": 43.263991,
        "relative_strength": -14.492316,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 8.61534,
        "energy": 21.954694,
        "activity_lines": [
          40.418835,
          40.04121,
          39.061566,
          39.1848
        ]
      },
      {
        "date": "2025-09-05",
        "close": 37.674488,
        "volume": 41433363,
        "typical_volume": 27527191.6,
        "trend": 40.177567,
        "fair_value": 43.133578,
        "relative_strength": -14.52971,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -31.453864,
        "energy": 17.846692,
        "activity_lines": [
          39.534244,
          39.685102,
          39.008778,
          39.012734
        ]
      },
      {
        "date": "2025-09-12",
        "close": 38.279419,
        "volume": 49070312,
        "typical_volume": 28645693.15,
        "trend": 39.871049,
        "fair_value": 43.001129,
        "relative_strength": -14.266375,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -23.601185,
        "energy": 13.815329,
        "activity_lines": [
          38.933938,
          39.461159,
          38.992525,
          38.890273
        ]
      },
      {
        "date": "2025-09-19",
        "close": 43.386646,
        "volume": 75285511,
        "typical_volume": 31478840.95,
        "trend": 39.631054,
        "fair_value": 42.945866,
        "relative_strength": -1.531229,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.259805,
        "energy": 14.428007,
        "activity_lines": [
          40.156367,
          40.156968,
          39.452135,
          39.117086
        ]
      },
      {
        "date": "2025-09-26",
        "close": 44.725433,
        "volume": 49734960,
        "typical_volume": 32704750.25,
        "trend": 39.535815,
        "fair_value": 42.921743,
        "relative_strength": 1.236512,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 42.408422,
        "energy": 40.153006,
        "activity_lines": [
          41.706055,
          41.008563,
          40.006951,
          39.445756
        ]
      },
      {
        "date": "2025-10-03",
        "close": 44.289089,
        "volume": 14481496,
        "typical_volume": 31894068.7,
        "trend": 39.391133,
        "fair_value": 42.878544,
        "relative_strength": -1.144137,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.797728,
        "energy": 67.81357,
        "activity_lines": [
          42.982696,
          41.687243,
          40.487456,
          39.752418
        ]
      },
      {
        "date": "2025-10-10",
        "close": 42.821381,
        "volume": 15803454,
        "typical_volume": 30443215.05,
        "trend": 39.324728,
        "fair_value": 42.864044,
        "relative_strength": -4.67815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.414568,
        "energy": 69.043168,
        "activity_lines": [
          43.366151,
          42.018469,
          40.803606,
          39.973725
        ]
      },
      {
        "date": "2025-10-17",
        "close": 38.209999,
        "volume": 43976723,
        "typical_volume": 31260337.9,
        "trend": 39.147662,
        "fair_value": 42.82547,
        "relative_strength": -13.50012,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.570539,
        "energy": 40.768771,
        "activity_lines": [
          41.869353,
          41.44022,
          40.663318,
          39.901807
        ]
      },
      {
        "date": "2025-10-24",
        "close": 38.580002,
        "volume": 24849916,
        "typical_volume": 31660731.05,
        "trend": 38.968904,
        "fair_value": 42.803779,
        "relative_strength": -14.79153,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 21.256528,
        "energy": 11.295498,
        "activity_lines": [
          40.500517,
          40.963323,
          40.55244,
          39.865184
        ]
      },
      {
        "date": "2025-10-31",
        "close": 37.639999,
        "volume": 30921891,
        "typical_volume": 32104915.65,
        "trend": 38.861552,
        "fair_value": 42.757832,
        "relative_strength": -16.691207,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.671166,
        "energy": 17.983986,
        "activity_lines": [
          39.13879,
          40.370455,
          40.345891,
          39.779448
        ]
      },
      {
        "date": "2025-11-07",
        "close": 36.77,
        "volume": 21204811,
        "typical_volume": 32458883.35,
        "trend": 38.898388,
        "fair_value": 42.742646,
        "relative_strength": -19.146177,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.691402,
        "energy": 33.715045,
        "activity_lines": [
          37.959425,
          39.713431,
          40.048904,
          39.644509
        ]
      },
      {
        "date": "2025-11-14",
        "close": 36.610001,
        "volume": 16567540,
        "typical_volume": 32036918.6,
        "trend": 39.01045,
        "fair_value": 42.728569,
        "relative_strength": -18.970802,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.528121,
        "energy": 45.063795,
        "activity_lines": [
          37.228,
          39.05386,
          39.732203,
          39.496871
        ]
      },
      {
        "date": "2025-11-21",
        "close": 34.400002,
        "volume": 16092613,
        "typical_volume": 32029893.2,
        "trend": 38.954913,
        "fair_value": 42.645391,
        "relative_strength": -20.338232,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.162039,
        "energy": 60.60533,
        "activity_lines": [
          36.174001,
          38.011824,
          39.215903,
          39.199423
        ]
      },
      {
        "date": "2025-11-28",
        "close": 35.389999,
        "volume": 9854899,
        "typical_volume": 31643806.7,
        "trend": 38.914438,
        "fair_value": 42.58874,
        "relative_strength": -18.846493,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.50632,
        "energy": 65.177772,
        "activity_lines": [
          35.704,
          37.220323,
          38.810048,
          38.969428
        ]
      },
      {
        "date": "2025-12-05",
        "close": 35.43,
        "volume": 7973134,
        "typical_volume": 31013752.0,
        "trend": 38.833874,
        "fair_value": 42.536126,
        "relative_strength": -18.749566,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.751033,
        "energy": 71.663668,
        "activity_lines": [
          35.46,
          36.581488,
          38.423131,
          38.744626
        ]
      },
      {
        "date": "2025-12-12",
        "close": 34.84,
        "volume": 9145459,
        "typical_volume": 30238230.05,
        "trend": 38.690918,
        "fair_value": 42.502167,
        "relative_strength": -19.49157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.640906,
        "energy": 74.132913,
        "activity_lines": [
          35.166667,
          36.004389,
          37.999779,
          38.486957
        ]
      },
      {
        "date": "2025-12-19",
        "close": 36.66,
        "volume": 21453864,
        "typical_volume": 29853575.75,
        "trend": 38.606345,
        "fair_value": 42.452499,
        "relative_strength": -15.03885,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.134478,
        "energy": 63.496765,
        "activity_lines": [
          35.608667,
          35.93,
          37.773647,
          38.35593
        ]
      },
      {
        "date": "2025-12-26",
        "close": 36.18,
        "volume": 21285201,
        "typical_volume": 29827275.8,
        "trend": 38.579483,
        "fair_value": 42.392377,
        "relative_strength": -17.412755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.844137,
        "energy": 41.83088,
        "activity_lines": [
          35.887333,
          35.880364,
          37.512534,
          38.199391
        ]
      },
      {
        "date": "2026-01-02",
        "close": 36.990002,
        "volume": 11835419,
        "typical_volume": 28671672.45,
        "trend": 38.569511,
        "fair_value": 42.344824,
        "relative_strength": -15.475514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.37355,
        "energy": 32.466032,
        "activity_lines": [
          36.317334,
          36.01491,
          37.347156,
          38.096844
        ]
      },
      {
        "date": "2026-01-09",
        "close": 38.98,
        "volume": 49182813,
        "typical_volume": 29308610.25,
        "trend": 38.667241,
        "fair_value": 42.322526,
        "relative_strength": -14.030287,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.069042,
        "energy": 21.327146,
        "activity_lines": [
          37.304001,
          36.540182,
          37.393262,
          38.123327
        ]
      },
      {
        "date": "2026-01-16",
        "close": 38.5,
        "volume": 33603987,
        "typical_volume": 28187868.3,
        "trend": 38.756243,
        "fair_value": 42.280934,
        "relative_strength": -14.464188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.664337,
        "energy": 23.000361,
        "activity_lines": [
          37.894,
          36.953819,
          37.411899,
          38.112537
        ]
      },
      {
        "date": "2026-01-23",
        "close": 39.220001,
        "volume": 26327206,
        "typical_volume": 27432560.45,
        "trend": 38.7671,
        "fair_value": 42.203046,
        "relative_strength": -13.358682,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -4.335153,
        "energy": 21.784139,
        "activity_lines": [
          38.480001,
          37.46691,
          37.497821,
          38.142457
        ]
      },
      {
        "date": "2026-01-30",
        "close": 36.720001,
        "volume": 25717562,
        "typical_volume": 26264922.95,
        "trend": 38.731318,
        "fair_value": 42.131814,
        "relative_strength": -18.273376,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.671847,
        "energy": 21.029615,
        "activity_lines": [
          38.062001,
          37.478001,
          37.338288,
          38.010386
        ]
      },
      {
        "date": "2026-02-06",
        "close": 35.549999,
        "volume": 16465963,
        "typical_volume": 23323945.55,
        "trend": 38.63075,
        "fair_value": 42.052655,
        "relative_strength": -19.268025,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.93101,
        "energy": 19.244518,
        "activity_lines": [
          37.218,
          37.234182,
          37.074752,
          37.80514
        ]
      },
      {
        "date": "2026-02-13",
        "close": 37.790001,
        "volume": 17652021,
        "typical_volume": 21719798.6,
        "trend": 38.571132,
        "fair_value": 41.992,
        "relative_strength": -13.773331,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.450402,
        "energy": 15.765691,
        "activity_lines": [
          37.216667,
          37.394728,
          37.061866,
          37.750898
        ]
      },
      {
        "date": "2026-02-27",
        "close": 36.98,
        "volume": 14400128,
        "typical_volume": 21715730.2,
        "trend": 38.475259,
        "fair_value": 41.940969,
        "relative_strength": -16.347377,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.002404,
        "energy": 23.782244,
        "activity_lines": [
          37.024667,
          37.365091,
          37.004864,
          37.648244
        ]
      },
      {
        "date": "2026-03-06",
        "close": 34.779999,
        "volume": 17642784,
        "typical_volume": 21807696.7,
        "trend": 38.337455,
        "fair_value": 41.877482,
        "relative_strength": -19.729048,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.052125,
        "energy": 44.189578,
        "activity_lines": [
          36.200666,
          36.896546,
          36.773143,
          37.409841
        ]
      },
      {
        "date": "2026-03-13",
        "close": 34.099998,
        "volume": 10365363,
        "typical_volume": 20127128.7,
        "trend": 38.137978,
        "fair_value": 41.813781,
        "relative_strength": -19.852175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.715705,
        "energy": 57.817086,
        "activity_lines": [
          35.445999,
          36.338545,
          36.514952,
          37.136456
        ]
      },
      {
        "date": "2026-03-20",
        "close": 32.869999,
        "volume": 7641247,
        "typical_volume": 19266695.25,
        "trend": 37.846925,
        "fair_value": 41.755731,
        "relative_strength": -19.324543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.447123,
        "energy": 72.008934,
        "activity_lines": [
          34.455999,
          35.594727,
          36.15919,
          36.796587
        ]
      },
      {
        "date": "2026-03-27",
        "close": 32.099998,
        "volume": 9271147,
        "typical_volume": 18184158.05,
        "trend": 37.489876,
        "fair_value": 41.718597,
        "relative_strength": -19.631817,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.840982,
        "energy": 80.269988,
        "activity_lines": [
          33.387999,
          34.785817,
          35.757285,
          36.425817
        ]
      },
      {
        "date": "2026-04-03",
        "close": 31.34,
        "volume": 7052645,
        "typical_volume": 17476549.75,
        "trend": 37.260215,
        "fair_value": 41.678663,
        "relative_strength": -20.096475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.267048,
        "energy": 84.394554,
        "activity_lines": [
          32.445999,
          33.963817,
          35.309381,
          36.029051
        ]
      },
      {
        "date": "2026-04-10",
        "close": 33.48,
        "volume": 8355690,
        "typical_volume": 17065957.25,
        "trend": 37.120399,
        "fair_value": 41.650741,
        "relative_strength": -16.303561,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.573324,
        "energy": 72.969021,
        "activity_lines": [
          32.593333,
          33.66109,
          35.091143,
          35.785166
        ]
      },
      {
        "date": "2026-04-17",
        "close": 33.153015,
        "volume": 10923524,
        "typical_volume": 16807502.8,
        "trend": 36.949519,
        "fair_value": 41.616028,
        "relative_strength": -18.010003,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.929845,
        "energy": 66.943426,
        "activity_lines": [
          32.718338,
          33.403275,
          34.856668,
          35.529206
        ]
      },
      {
        "date": "2026-04-24",
        "close": 33.50074,
        "volume": 10399305,
        "typical_volume": 16834723.1,
        "trend": 36.619989,
        "fair_value": 41.580678,
        "relative_strength": -17.420305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.895516,
        "energy": 45.848215,
        "activity_lines": [
          33.022384,
          33.273537,
          34.661248,
          35.306704
        ]
      },
      {
        "date": "2026-05-01",
        "close": 33.619961,
        "volume": 11222271,
        "typical_volume": 16997179.95,
        "trend": 36.249806,
        "fair_value": 41.532679,
        "relative_strength": -17.333726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.727897,
        "energy": 30.676588,
        "activity_lines": [
          33.324121,
          33.202734,
          34.486179,
          35.113154
        ]
      },
      {
        "date": "2026-05-08",
        "close": 34.692936,
        "volume": 7689038,
        "typical_volume": 16924358.9,
        "trend": 35.929934,
        "fair_value": 41.519665,
        "relative_strength": -15.609137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.449342,
        "energy": 23.361804,
        "activity_lines": [
          33.882185,
          33.402837,
          34.421917,
          35.012711
        ]
      },
      {
        "date": "2026-05-15",
        "close": 35.030724,
        "volume": 13136637,
        "typical_volume": 16508497.55,
        "trend": 35.670246,
        "fair_value": 41.474734,
        "relative_strength": -13.385896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.142898,
        "energy": 20.389427,
        "activity_lines": [
          34.329316,
          33.705938,
          34.390525,
          34.954697
        ]
      },
      {
        "date": "2026-05-22",
        "close": 34.504173,
        "volume": 24381269,
        "typical_volume": 16663300.95,
        "trend": 35.546718,
        "fair_value": 41.429965,
        "relative_strength": -13.672953,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.937179,
        "energy": 20.292675,
        "activity_lines": [
          34.497549,
          33.908745,
          34.316745,
          34.879466
        ]
      },
      {
        "date": "2026-05-29",
        "close": 31.354784,
        "volume": 19568465,
        "typical_volume": 17049953.25,
        "trend": 35.305878,
        "fair_value": 41.342935,
        "relative_strength": -20.065079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.494782,
        "energy": 30.010405,
        "activity_lines": [
          33.525908,
          33.531587,
          33.951003,
          34.609019
        ]
      },
      {
        "date": "2026-06-05",
        "close": 30.152653,
        "volume": 3535589,
        "typical_volume": 14767592.05,
        "trend": 35.0563,
        "fair_value": 41.252773,
        "relative_strength": -21.794706,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.60125,
        "energy": 55.33659,
        "activity_lines": [
          32.29662,
          32.963408,
          33.497606,
          34.276553
        ]
      },
      {
        "date": "2026-06-12",
        "close": 28.443836,
        "volume": 3863897,
        "typical_volume": 13280587.55,
        "trend": 34.778761,
        "fair_value": 41.134341,
        "relative_strength": -25.704915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.709099,
        "energy": 84.455468,
        "activity_lines": [
          30.728881,
          32.119943,
          32.9235,
          33.849942
        ]
      },
      {
        "date": "2026-06-19",
        "close": 29.32,
        "volume": 11173543,
        "typical_volume": 12522904.4,
        "trend": 34.535761,
        "fair_value": 41.021952,
        "relative_strength": -23.980564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.378992,
        "energy": 85.830906,
        "activity_lines": [
          29.869803,
          31.488437,
          32.480725,
          33.497764
        ]
      },
      {
        "date": "2026-06-26",
        "close": 27.08,
        "volume": 2949749,
        "typical_volume": 11384513.75,
        "trend": 34.291761,
        "fair_value": 40.897034,
        "relative_strength": -28.10853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.165147,
        "energy": 93.61115,
        "activity_lines": [
          28.644773,
          30.525294,
          31.871759,
          33.016747
        ]
      },
      {
        "date": "2026-07-03",
        "close": 30.23,
        "volume": 5434146,
        "typical_volume": 10832922.9,
        "trend": 34.119761,
        "fair_value": 40.774078,
        "relative_strength": -19.427827,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.231942,
        "energy": 80.229362,
        "activity_lines": [
          28.964688,
          30.245298,
          31.608698,
          32.754698
        ]
      },
      {
        "date": "2026-07-10",
        "close": 28.01,
        "volume": 12385424,
        "typical_volume": 10569593.05,
        "trend": 33.872427,
        "fair_value": 40.607808,
        "relative_strength": -23.846161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.72722,
        "energy": 69.503165,
        "activity_lines": [
          28.619589,
          29.621133,
          31.159542,
          32.36052
        ]
      },
      {
        "date": "2026-07-17",
        "close": 29.57,
        "volume": 31807274,
        "typical_volume": 11439950.35,
        "trend": 33.696761,
        "fair_value": 40.466598,
        "relative_strength": -14.087469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.200551,
        "energy": 49.605219,
        "activity_lines": [
          28.937333,
          29.382604,
          30.905528,
          32.082944
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.75,
        "volume": 19643566,
        "typical_volume": 11539989.45,
        "trend": 33.399761,
        "fair_value": 40.292585,
        "relative_strength": -19.771264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.279424,
        "energy": 47.375912,
        "activity_lines": [
          28.573333,
          28.90631,
          30.513467,
          31.699282
        ]
      },
      {
        "date": "2026-07-31",
        "close": 28.969999,
        "volume": 16845826,
        "typical_volume": 11864012.6,
        "trend": 33.159427,
        "fair_value": 40.121733,
        "relative_strength": -16.009937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.182467,
        "energy": 42.117685,
        "activity_lines": [
          28.720666,
          28.784211,
          30.271073,
          31.413491
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.9,
        "volume": 17687055,
        "typical_volume": 12366303.0,
        "trend": 32.923094,
        "fair_value": 39.982713,
        "relative_strength": -15.078422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.915343,
        "energy": 30.188797,
        "activity_lines": [
          29.052,
          28.931824,
          30.141678,
          31.203206
        ]
      }
    ],
    "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."
    }
  }
}