{
  "ticker": {
    "uuid": "26a1c19c-0dba-4359-b2ef-4c76b85fa032",
    "symbol": "688625",
    "name": "GCH Technology Co., Ltd.",
    "exchange": "SHH",
    "country": "CN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "000001.SS",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -25.476,
    "architecture_energy": 53.794,
    "architecture_maturity": 15.625,
    "architecture_confidence": 60.801,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 33.71,
        "rotation_up": 14.24,
        "upward_expansion": 25.58,
        "deceleration": 50.5,
        "rotation_down": 68.25,
        "downward_expansion": 52.91
      },
      "activity_lines": [
        56.794668,
        65.17491,
        73.209429,
        72.357591
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 60.080002,
    "trend_reference": 70.295,
    "distance_from_trend": -0.145316,
    "trend_direction": "Improving",
    "fair_value": 36.469785,
    "distance_from_fair_value": 0.647391,
    "fair_value_direction": "Weakening",
    "relative_strength": 8.70627,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.028775,
    "excess_performance": 0.014429,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.145316,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.180331,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.647391,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.907284,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.087063,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.631583,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.028775,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.449452,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 28500931,
      "relative_activity": 1.424475,
      "balance": 1.449452,
      "dry_up": 1.307603,
      "accumulation_observations": 5,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.259308,
      "annualized_volatility": 0.893429,
      "from_high_reference": -0.480187,
      "from_low_reference": 0.946084
    },
    "levels": {
      "trend_reference": 70.295,
      "fair_value_reference": 36.469785,
      "structural_low": 47.360001,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.024902,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.007391,
        "regime_survival": 0.5,
        "best_return": 0.052679,
        "worst_return": -0.002876,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.201332,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.075124,
        "regime_survival": 0.0,
        "best_return": 0.201332,
        "worst_return": 0.201332,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.144465,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.025628,
        "regime_survival": 0.0,
        "best_return": 0.144465,
        "worst_return": 0.144465,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.363672,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.138358,
        "regime_survival": 0.0,
        "best_return": 0.363672,
        "worst_return": 0.363672,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-12",
        "end": "2024-07-26",
        "tenure": "New",
        "return": -0.049073,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-02",
        "end": "2024-08-30",
        "tenure": "Developing",
        "return": 0.052679,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-06",
        "end": "2024-09-20",
        "tenure": "New",
        "return": -0.115848,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2024-10-04",
        "tenure": "New",
        "return": 0.104702,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-11",
        "end": "2024-11-01",
        "tenure": "New",
        "return": 0.132743,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-08",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": -0.090024,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-24",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": 0.099116,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": -0.155716,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-23",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": 0.070916,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-22",
        "end": "2026-03-27",
        "tenure": "Extended",
        "return": 0.612563,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.336626,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.260274,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-03",
        "end": "2026-07-24",
        "tenure": "New",
        "return": -0.28341,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.192063,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 27.994198,
        "volume": 3961114,
        "typical_volume": 3005693.45,
        "trend": 30.922528,
        "fair_value": 32.43687,
        "relative_strength": -14.520713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.051037,
        "energy": 23.772799,
        "activity_lines": [
          27.660917,
          27.070184,
          27.718378,
          29.061007
        ]
      },
      {
        "date": "2023-08-04",
        "close": 27.549524,
        "volume": 3862681,
        "typical_volume": 3141231.0,
        "trend": 30.742188,
        "fair_value": 32.39244,
        "relative_strength": -16.255001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.610236,
        "energy": 21.580899,
        "activity_lines": [
          27.708529,
          27.182393,
          27.602365,
          28.843394
        ]
      },
      {
        "date": "2023-08-11",
        "close": 26.613018,
        "volume": 2201172,
        "typical_volume": 3130996.1,
        "trend": 30.478977,
        "fair_value": 32.340373,
        "relative_strength": -16.594862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.427989,
        "energy": 24.615827,
        "activity_lines": [
          27.367613,
          27.130577,
          27.422122,
          28.576996
        ]
      },
      {
        "date": "2023-08-18",
        "close": 26.383942,
        "volume": 1759939,
        "typical_volume": 2970671.35,
        "trend": 30.150189,
        "fair_value": 32.28719,
        "relative_strength": -15.63745,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.254628,
        "energy": 33.610217,
        "activity_lines": [
          26.981781,
          27.051319,
          27.252145,
          28.3128
        ]
      },
      {
        "date": "2023-08-25",
        "close": 24.659149,
        "volume": 2949767,
        "typical_volume": 2955648.7,
        "trend": 29.775136,
        "fair_value": 32.219685,
        "relative_strength": -19.186272,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.459561,
        "energy": 48.116222,
        "activity_lines": [
          26.117588,
          26.664343,
          26.939366,
          27.95854
        ]
      },
      {
        "date": "2023-09-01",
        "close": 25.689983,
        "volume": 2843326,
        "typical_volume": 2994810.45,
        "trend": 29.378299,
        "fair_value": 32.162407,
        "relative_strength": -17.508741,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.23272,
        "energy": 51.148795,
        "activity_lines": [
          25.800926,
          26.480104,
          26.755562,
          27.694982
        ]
      },
      {
        "date": "2023-09-08",
        "close": 25.24531,
        "volume": 2089570,
        "typical_volume": 2980492.9,
        "trend": 28.995386,
        "fair_value": 32.102259,
        "relative_strength": -17.961636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.001491,
        "energy": 56.413852,
        "activity_lines": [
          25.489655,
          26.198723,
          26.555619,
          27.428337
        ]
      },
      {
        "date": "2023-09-15",
        "close": 25.278996,
        "volume": 1857950,
        "typical_volume": 2905160.3,
        "trend": 28.705675,
        "fair_value": 32.043437,
        "relative_strength": -17.406833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.26586,
        "energy": 57.592204,
        "activity_lines": [
          25.343227,
          25.944537,
          26.382787,
          27.18857
        ]
      },
      {
        "date": "2023-09-22",
        "close": 25.80345,
        "volume": 1879403,
        "typical_volume": 2957930.0,
        "trend": 28.385609,
        "fair_value": 31.990104,
        "relative_strength": -15.472894,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.084935,
        "energy": 39.551064,
        "activity_lines": [
          25.460552,
          25.818535,
          26.285441,
          27.00133
        ]
      },
      {
        "date": "2023-09-29",
        "close": 25.509138,
        "volume": 988938,
        "typical_volume": 2903013.7,
        "trend": 28.078865,
        "fair_value": 31.935181,
        "relative_strength": -15.239977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.437921,
        "energy": 37.412492,
        "activity_lines": [
          25.518472,
          25.675914,
          26.180572,
          26.815751
        ]
      },
      {
        "date": "2023-10-13",
        "close": 26.008781,
        "volume": 1634180,
        "typical_volume": 2881927.5,
        "trend": 27.803149,
        "fair_value": 31.885379,
        "relative_strength": -12.445173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.285646,
        "energy": 27.952706,
        "activity_lines": [
          25.686274,
          25.664298,
          26.132426,
          26.682197
        ]
      },
      {
        "date": "2023-10-20",
        "close": 24.386656,
        "volume": 1290564,
        "typical_volume": 2871199.05,
        "trend": 27.522995,
        "fair_value": 31.82289,
        "relative_strength": -14.439613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.122673,
        "energy": 38.469252,
        "activity_lines": [
          25.292114,
          25.393848,
          25.940369,
          26.461778
        ]
      },
      {
        "date": "2023-10-27",
        "close": 26.809578,
        "volume": 3211255,
        "typical_volume": 2871074.35,
        "trend": 27.304965,
        "fair_value": 31.781457,
        "relative_strength": -6.502596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.941297,
        "energy": 18.214674,
        "activity_lines": [
          25.762839,
          25.621436,
          25.995765,
          26.415751
        ]
      },
      {
        "date": "2023-11-03",
        "close": 27.959442,
        "volume": 3936953,
        "typical_volume": 2952906.2,
        "trend": 27.207236,
        "fair_value": 31.750129,
        "relative_strength": -2.307109,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.613468,
        "energy": 9.316596,
        "activity_lines": [
          26.514813,
          26.054517,
          26.163456,
          26.457976
        ]
      },
      {
        "date": "2023-11-10",
        "close": 27.733574,
        "volume": 2923651,
        "typical_volume": 2936818.05,
        "trend": 27.094118,
        "fair_value": 31.717475,
        "relative_strength": -3.080362,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.582058,
        "energy": 13.008732,
        "activity_lines": [
          27.047764,
          26.417885,
          26.303675,
          26.491933
        ]
      },
      {
        "date": "2023-11-17",
        "close": 27.719887,
        "volume": 1509844,
        "typical_volume": 2909406.4,
        "trend": 26.978297,
        "fair_value": 31.685236,
        "relative_strength": -3.202573,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.870038,
        "energy": 28.681107,
        "activity_lines": [
          27.427858,
          26.722867,
          26.43196,
          26.532305
        ]
      },
      {
        "date": "2023-11-24",
        "close": 26.713757,
        "volume": 2025786,
        "typical_volume": 2778200.1,
        "trend": 26.859932,
        "fair_value": 31.645464,
        "relative_strength": -5.978945,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.177461,
        "energy": 26.196729,
        "activity_lines": [
          27.358501,
          26.808008,
          26.450489,
          26.515238
        ]
      },
      {
        "date": "2023-12-01",
        "close": 27.227089,
        "volume": 2061113,
        "typical_volume": 2616105.7,
        "trend": 26.746101,
        "fair_value": 31.610398,
        "relative_strength": -3.518411,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.025397,
        "energy": 27.861288,
        "activity_lines": [
          27.305115,
          26.959783,
          26.516434,
          26.538926
        ]
      },
      {
        "date": "2023-12-08",
        "close": 26.31678,
        "volume": 1524215,
        "typical_volume": 2392995.55,
        "trend": 26.619668,
        "fair_value": 31.568716,
        "relative_strength": -4.423634,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.852754,
        "energy": 7.244363,
        "activity_lines": [
          26.920458,
          26.910627,
          26.495004,
          26.511227
        ]
      },
      {
        "date": "2023-12-15",
        "close": 26.138824,
        "volume": 1936929,
        "typical_volume": 2322417.5,
        "trend": 26.576687,
        "fair_value": 31.526295,
        "relative_strength": -3.816067,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -13.193534,
        "energy": 10.409205,
        "activity_lines": [
          26.585994,
          26.819783,
          26.463843,
          26.480205
        ]
      },
      {
        "date": "2023-12-22",
        "close": 25.584429,
        "volume": 2874135,
        "typical_volume": 2268068.55,
        "trend": 26.488501,
        "fair_value": 31.480234,
        "relative_strength": -4.486601,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -24.122534,
        "energy": 18.222343,
        "activity_lines": [
          26.173048,
          26.616691,
          26.387402,
          26.416189
        ]
      },
      {
        "date": "2023-12-29",
        "close": 26.843798,
        "volume": 2285511,
        "typical_volume": 2189210.05,
        "trend": 26.453523,
        "fair_value": 31.444569,
        "relative_strength": -1.457094,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.481337,
        "energy": 9.371893,
        "activity_lines": [
          26.322255,
          26.65029,
          26.442377,
          26.439111
        ]
      },
      {
        "date": "2024-01-05",
        "close": 25.050564,
        "volume": 3305815,
        "typical_volume": 2244442.2,
        "trend": 26.37539,
        "fair_value": 31.395759,
        "relative_strength": -6.253495,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.453242,
        "energy": 31.150598,
        "activity_lines": [
          25.865048,
          26.313171,
          26.329928,
          26.348598
        ]
      },
      {
        "date": "2024-01-12",
        "close": 25.365406,
        "volume": 3256562,
        "typical_volume": 2319273.35,
        "trend": 26.330659,
        "fair_value": 31.350075,
        "relative_strength": -3.139158,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.385263,
        "energy": 35.288231,
        "activity_lines": [
          25.657891,
          26.065279,
          26.254904,
          26.283437
        ]
      },
      {
        "date": "2024-01-19",
        "close": 23.784348,
        "volume": 3611749,
        "typical_volume": 2352372.45,
        "trend": 26.273426,
        "fair_value": 31.29319,
        "relative_strength": -7.085189,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -68.570431,
        "energy": 53.148475,
        "activity_lines": [
          24.987139,
          25.577086,
          26.034153,
          26.119159
        ]
      },
      {
        "date": "2024-01-26",
        "close": 23.26417,
        "volume": 3994857,
        "typical_volume": 2409949.0,
        "trend": 26.222435,
        "fair_value": 31.233272,
        "relative_strength": -10.91638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.976546,
        "energy": 70.933123,
        "activity_lines": [
          24.299959,
          25.066119,
          25.768028,
          25.925014
        ]
      },
      {
        "date": "2024-02-02",
        "close": 20.191029,
        "volume": 4372787,
        "typical_volume": 2524109.85,
        "trend": 26.015331,
        "fair_value": 31.151477,
        "relative_strength": -16.943188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.352385,
        "energy": 85.465403,
        "activity_lines": [
          22.743083,
          24.077412,
          25.220774,
          25.535891
        ]
      },
      {
        "date": "2024-02-09",
        "close": 22.518129,
        "volume": 4819013,
        "typical_volume": 2672163.0,
        "trend": 25.863114,
        "fair_value": 31.087997,
        "relative_strength": -11.054537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.52022,
        "energy": 74.774427,
        "activity_lines": [
          22.405425,
          23.630409,
          24.919216,
          25.310265
        ]
      },
      {
        "date": "2024-02-23",
        "close": 23.407904,
        "volume": 2738235,
        "typical_volume": 2715104.6,
        "trend": 25.715627,
        "fair_value": 31.031938,
        "relative_strength": -11.144047,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.791717,
        "energy": 67.922364,
        "activity_lines": [
          22.533187,
          23.430801,
          24.715546,
          25.151864
        ]
      },
      {
        "date": "2024-03-01",
        "close": 22.750839,
        "volume": 4094099,
        "typical_volume": 2870362.65,
        "trend": 25.550056,
        "fair_value": 30.97193,
        "relative_strength": -13.698037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.369003,
        "energy": 52.544453,
        "activity_lines": [
          22.572428,
          23.164616,
          24.460705,
          24.960588
        ]
      },
      {
        "date": "2024-03-08",
        "close": 23.038305,
        "volume": 1783460,
        "typical_volume": 2877826.65,
        "trend": 25.38486,
        "fair_value": 30.914853,
        "relative_strength": -12.520357,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.650289,
        "energy": 36.321898,
        "activity_lines": [
          22.776392,
          23.012296,
          24.246377,
          24.798539
        ]
      },
      {
        "date": "2024-03-15",
        "close": 23.483191,
        "volume": 1669736,
        "typical_volume": 2896785.25,
        "trend": 25.249316,
        "fair_value": 30.86177,
        "relative_strength": -10.537139,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.993632,
        "energy": 25.880689,
        "activity_lines": [
          23.143709,
          22.987158,
          24.088564,
          24.675851
        ]
      },
      {
        "date": "2024-03-22",
        "close": 22.983551,
        "volume": 1716527,
        "typical_volume": 2822048.85,
        "trend": 25.128333,
        "fair_value": 30.805896,
        "relative_strength": -11.64343,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.841796,
        "energy": 24.556104,
        "activity_lines": [
          23.125001,
          22.932279,
          23.887469,
          24.529672
        ]
      },
      {
        "date": "2024-03-29",
        "close": 22.347021,
        "volume": 1149881,
        "typical_volume": 2682695.25,
        "trend": 24.993769,
        "fair_value": 30.746327,
        "relative_strength": -13.361602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.362009,
        "energy": 27.103496,
        "activity_lines": [
          22.863089,
          22.799249,
          23.643971,
          24.350233
        ]
      },
      {
        "date": "2024-04-05",
        "close": 22.990395,
        "volume": 889265,
        "typical_volume": 2580975.95,
        "trend": 24.938144,
        "fair_value": 30.692089,
        "relative_strength": -11.135665,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -38.349511,
        "energy": 24.205035,
        "activity_lines": [
          22.88636,
          22.838075,
          23.488472,
          24.220983
        ]
      },
      {
        "date": "2024-04-12",
        "close": 22.319641,
        "volume": 1511238,
        "typical_volume": 2581045.65,
        "trend": 24.825799,
        "fair_value": 30.633947,
        "relative_strength": -11.893402,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -54.169945,
        "energy": 32.68894,
        "activity_lines": [
          22.670076,
          22.769382,
          23.291679,
          24.052047
        ]
      },
      {
        "date": "2024-04-19",
        "close": 22.675552,
        "volume": 1431430,
        "typical_volume": 2551327.85,
        "trend": 24.740141,
        "fair_value": 30.579062,
        "relative_strength": -11.428299,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.773048,
        "energy": 29.702277,
        "activity_lines": [
          22.62034,
          22.782573,
          23.154497,
          23.913322
        ]
      },
      {
        "date": "2024-04-26",
        "close": 25.283274,
        "volume": 3563140,
        "typical_volume": 2626429.2,
        "trend": 24.740283,
        "fair_value": 30.542789,
        "relative_strength": -1.727588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.237823,
        "energy": 9.628045,
        "activity_lines": [
          23.493687,
          23.224723,
          23.2849,
          23.948362
        ]
      },
      {
        "date": "2024-05-03",
        "close": 26.255182,
        "volume": 825325,
        "typical_volume": 2591484.7,
        "trend": 24.755341,
        "fair_value": 30.513622,
        "relative_strength": 1.684975,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.134984,
        "energy": 14.608287,
        "activity_lines": [
          24.537689,
          23.793307,
          23.517121,
          24.046098
        ]
      },
      {
        "date": "2024-05-10",
        "close": 27.671974,
        "volume": 2195885,
        "typical_volume": 2604432.5,
        "trend": 24.827436,
        "fair_value": 30.494422,
        "relative_strength": 5.592362,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.213883,
        "energy": 48.236347,
        "activity_lines": [
          25.793411,
          24.567721,
          23.884569,
          24.234268
        ]
      },
      {
        "date": "2024-05-17",
        "close": 26.364691,
        "volume": 1951511,
        "typical_volume": 2558301.3,
        "trend": 24.839299,
        "fair_value": 30.466705,
        "relative_strength": 0.777047,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 25.737321,
        "energy": 57.650033,
        "activity_lines": [
          26.301266,
          25.014973,
          24.120212,
          24.333445
        ]
      },
      {
        "date": "2024-05-24",
        "close": 25.700785,
        "volume": 1710131,
        "typical_volume": 2529532.3,
        "trend": 24.883104,
        "fair_value": 30.434933,
        "relative_strength": 0.325787,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.561957,
        "energy": 56.919745,
        "activity_lines": [
          26.31815,
          25.281034,
          24.288911,
          24.389025
        ]
      },
      {
        "date": "2024-05-31",
        "close": 26.152514,
        "volume": 1690753,
        "typical_volume": 2448779.2,
        "trend": 24.861201,
        "fair_value": 30.406572,
        "relative_strength": 2.186868,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.644091,
        "energy": 54.796429,
        "activity_lines": [
          26.283928,
          25.588908,
          24.506074,
          24.470923
        ]
      },
      {
        "date": "2024-06-07",
        "close": 25.064253,
        "volume": 2135432,
        "typical_volume": 2392722.7,
        "trend": 24.764695,
        "fair_value": 30.371425,
        "relative_strength": -0.817092,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.535319,
        "energy": 24.02279,
        "activity_lines": [
          25.829002,
          25.641299,
          24.614346,
          24.484023
        ]
      },
      {
        "date": "2024-06-14",
        "close": 27.254467,
        "volume": 1717309,
        "typical_volume": 2298000.7,
        "trend": 24.748725,
        "fair_value": 30.351053,
        "relative_strength": 8.385679,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.2603,
        "energy": 27.458911,
        "activity_lines": [
          26.183543,
          26.042507,
          24.932644,
          24.644653
        ]
      },
      {
        "date": "2024-06-21",
        "close": 26.405758,
        "volume": 1451035,
        "typical_volume": 2170809.6,
        "trend": 24.704921,
        "fair_value": 30.325434,
        "relative_strength": 6.085261,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 54.660492,
        "energy": 33.484696,
        "activity_lines": [
          26.283015,
          26.211875,
          25.153589,
          24.751559
        ]
      },
      {
        "date": "2024-06-28",
        "close": 24.886299,
        "volume": 1584006,
        "typical_volume": 2031370.55,
        "trend": 24.644005,
        "fair_value": 30.290343,
        "relative_strength": 0.877132,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 39.038759,
        "energy": 22.856646,
        "activity_lines": [
          25.873263,
          26.030685,
          25.214863,
          24.76326
        ]
      },
      {
        "date": "2024-07-05",
        "close": 23.670286,
        "volume": 1200514,
        "typical_volume": 1850445.6,
        "trend": 24.525445,
        "fair_value": 30.247907,
        "relative_strength": -3.544209,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 20.592287,
        "energy": 11.049237,
        "activity_lines": [
          25.112472,
          25.588206,
          25.137967,
          24.70044
        ]
      },
      {
        "date": "2024-07-12",
        "close": 24.494936,
        "volume": 1595542,
        "typical_volume": 1793310.95,
        "trend": 24.464717,
        "fair_value": 30.231289,
        "relative_strength": -0.900912,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.823408,
        "energy": 16.975915,
        "activity_lines": [
          24.792047,
          25.32499,
          25.134124,
          24.698471
        ]
      },
      {
        "date": "2024-07-19",
        "close": 24.04767,
        "volume": 1002141,
        "typical_volume": 1638713.05,
        "trend": 24.395012,
        "fair_value": 30.215468,
        "relative_strength": -2.977879,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.927547,
        "energy": 18.315855,
        "activity_lines": [
          24.360487,
          25.012458,
          25.082507,
          24.671565
        ]
      },
      {
        "date": "2024-07-26",
        "close": 23.292904,
        "volume": 874791,
        "typical_volume": 1593279.6,
        "trend": 24.318628,
        "fair_value": 30.150878,
        "relative_strength": -2.930347,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.343567,
        "energy": 25.960357,
        "activity_lines": [
          23.891125,
          24.628592,
          24.952832,
          24.600461
        ]
      },
      {
        "date": "2024-08-02",
        "close": 23.083246,
        "volume": 928368,
        "typical_volume": 1556211.2,
        "trend": 24.193276,
        "fair_value": 30.074462,
        "relative_strength": -4.10337,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.800144,
        "energy": 35.095062,
        "activity_lines": [
          23.559401,
          24.262458,
          24.801978,
          24.520759
        ]
      },
      {
        "date": "2024-08-09",
        "close": 24.487947,
        "volume": 1460096,
        "typical_volume": 1543389.65,
        "trend": 24.174522,
        "fair_value": 30.004281,
        "relative_strength": 3.263322,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.244557,
        "energy": 29.132709,
        "activity_lines": [
          23.816114,
          24.199315,
          24.786809,
          24.53977
        ]
      },
      {
        "date": "2024-08-16",
        "close": 25.019079,
        "volume": 1070183,
        "typical_volume": 1539404.75,
        "trend": 24.162978,
        "fair_value": 29.939593,
        "relative_strength": 4.79605,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 9.813063,
        "energy": 11.319394,
        "activity_lines": [
          24.19536,
          24.263006,
          24.815061,
          24.594258
        ]
      },
      {
        "date": "2024-08-23",
        "close": 23.1112,
        "volume": 1207991,
        "typical_volume": 1555341.05,
        "trend": 24.14054,
        "fair_value": 29.826455,
        "relative_strength": -2.289249,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.250942,
        "energy": 14.80921,
        "activity_lines": [
          23.903704,
          23.980632,
          24.648885,
          24.526401
        ]
      },
      {
        "date": "2024-08-30",
        "close": 24.299257,
        "volume": 670073,
        "typical_volume": 1513282.8,
        "trend": 24.175043,
        "fair_value": 29.742963,
        "relative_strength": 3.143,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 1.662381,
        "energy": 3.493386,
        "activity_lines": [
          24.070497,
          23.9896,
          24.595283,
          24.536641
        ]
      },
      {
        "date": "2024-09-06",
        "close": 23.768126,
        "volume": 546226,
        "typical_volume": 1469022.6,
        "trend": 24.294279,
        "fair_value": 29.644414,
        "relative_strength": 3.544522,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -10.61298,
        "energy": 8.088719,
        "activity_lines": [
          23.993158,
          23.940299,
          24.481669,
          24.510388
        ]
      },
      {
        "date": "2024-09-13",
        "close": 22.209675,
        "volume": 1324698,
        "typical_volume": 1357100.5,
        "trend": 24.283997,
        "fair_value": 29.539217,
        "relative_strength": -1.03975,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -38.324723,
        "energy": 38.343726,
        "activity_lines": [
          23.350675,
          23.627973,
          24.21443,
          24.375898
        ]
      },
      {
        "date": "2024-09-20",
        "close": 21.014629,
        "volume": 798442,
        "typical_volume": 1355756.35,
        "trend": 24.204222,
        "fair_value": 29.438311,
        "relative_strength": -7.393706,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -74.326473,
        "energy": 65.506245,
        "activity_lines": [
          22.461729,
          23.124923,
          23.848012,
          24.164971
        ]
      },
      {
        "date": "2024-09-27",
        "close": 24.22937,
        "volume": 2404967,
        "typical_volume": 1366210.45,
        "trend": 24.253506,
        "fair_value": 29.331923,
        "relative_strength": -5.298313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.629377,
        "energy": 49.571337,
        "activity_lines": [
          22.911327,
          23.26965,
          23.812716,
          24.166593
        ]
      },
      {
        "date": "2024-10-04",
        "close": 26.766222,
        "volume": 1979412,
        "typical_volume": 1367605.5,
        "trend": 24.37777,
        "fair_value": 29.262317,
        "relative_strength": -3.140999,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -7.69214,
        "energy": 7.076448,
        "activity_lines": [
          24.131997,
          23.872319,
          24.035417,
          24.328704
        ]
      },
      {
        "date": "2024-10-11",
        "close": 24.480959,
        "volume": 7222353,
        "typical_volume": 1643216.6,
        "trend": 24.411029,
        "fair_value": 29.13488,
        "relative_strength": -8.014432,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -6.356231,
        "energy": 7.782811,
        "activity_lines": [
          24.426448,
          23.996334,
          24.038563,
          24.335361
        ]
      },
      {
        "date": "2024-10-18",
        "close": 27.213491,
        "volume": 4255284,
        "typical_volume": 1771443.15,
        "trend": 24.552027,
        "fair_value": 29.060345,
        "relative_strength": 0.897355,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.896879,
        "energy": 29.086475,
        "activity_lines": [
          25.584222,
          24.59176,
          24.307758,
          24.516165
        ]
      },
      {
        "date": "2024-10-25",
        "close": 27.667746,
        "volume": 3687981,
        "typical_volume": 1849070.6,
        "trend": 24.729384,
        "fair_value": 29.012883,
        "relative_strength": 1.346488,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.849191,
        "energy": 39.294608,
        "activity_lines": [
          26.559826,
          25.220223,
          24.615164,
          24.71718
        ]
      },
      {
        "date": "2024-11-01",
        "close": 27.730646,
        "volume": 2819316,
        "typical_volume": 1904170.95,
        "trend": 24.887393,
        "fair_value": 28.983644,
        "relative_strength": 2.533798,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 67.063649,
        "energy": 65.148618,
        "activity_lines": [
          27.112855,
          25.811964,
          24.916162,
          24.910809
        ]
      },
      {
        "date": "2024-11-08",
        "close": 28.723021,
        "volume": 4536635,
        "typical_volume": 2058450.95,
        "trend": 25.100839,
        "fair_value": 28.956441,
        "relative_strength": 0.869457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.556026,
        "energy": 72.294907,
        "activity_lines": [
          27.763258,
          26.500148,
          25.309405,
          25.158269
        ]
      },
      {
        "date": "2024-11-15",
        "close": 25.948559,
        "volume": 5137258,
        "typical_volume": 2236113.55,
        "trend": 25.209939,
        "fair_value": 28.912395,
        "relative_strength": -5.252829,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.801072,
        "energy": 53.012926,
        "activity_lines": [
          27.358387,
          26.603452,
          25.427378,
          25.212961
        ]
      },
      {
        "date": "2024-11-22",
        "close": 26.416794,
        "volume": 4119487,
        "typical_volume": 2382062.2,
        "trend": 25.247723,
        "fair_value": 28.855886,
        "relative_strength": -1.439221,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.41375,
        "energy": 34.318919,
        "activity_lines": [
          27.011754,
          26.752245,
          25.584887,
          25.290822
        ]
      },
      {
        "date": "2024-11-29",
        "close": 27.534966,
        "volume": 2583339,
        "typical_volume": 2431452.05,
        "trend": 25.290382,
        "fair_value": 28.806801,
        "relative_strength": 1.022458,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.207065,
        "energy": 32.767864,
        "activity_lines": [
          27.090958,
          27.027849,
          25.83581,
          25.438387
        ]
      },
      {
        "date": "2024-12-06",
        "close": 27.75161,
        "volume": 2044696,
        "typical_volume": 2483579.8,
        "trend": 25.293037,
        "fair_value": 28.764717,
        "relative_strength": -0.310493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.977095,
        "energy": 29.063665,
        "activity_lines": [
          27.251229,
          27.224291,
          26.09289,
          25.597175
        ]
      },
      {
        "date": "2024-12-13",
        "close": 28.995575,
        "volume": 4505282,
        "typical_volume": 2665104.35,
        "trend": 25.380733,
        "fair_value": 28.703876,
        "relative_strength": 4.60982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.185183,
        "energy": 37.210551,
        "activity_lines": [
          27.824757,
          27.582868,
          26.450804,
          25.836049
        ]
      },
      {
        "date": "2024-12-20",
        "close": 28.387571,
        "volume": 4091595,
        "typical_volume": 2823265.7,
        "trend": 25.470293,
        "fair_value": 28.638194,
        "relative_strength": 3.250708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.957714,
        "energy": 42.073779,
        "activity_lines": [
          28.177447,
          27.790365,
          26.723658,
          26.030038
        ]
      },
      {
        "date": "2024-12-27",
        "close": 26.996845,
        "volume": 2284380,
        "typical_volume": 2864479.9,
        "trend": 25.498437,
        "fair_value": 28.561627,
        "relative_strength": -2.541542,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.098685,
        "energy": 34.185388,
        "activity_lines": [
          27.903961,
          27.673974,
          26.838803,
          26.128526
        ]
      },
      {
        "date": "2025-01-03",
        "close": 25.759869,
        "volume": 1947936,
        "typical_volume": 2908367.55,
        "trend": 25.521624,
        "fair_value": 28.476189,
        "relative_strength": -1.309076,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.306195,
        "energy": 19.647472,
        "activity_lines": [
          27.17948,
          27.336617,
          26.824194,
          26.145392
        ]
      },
      {
        "date": "2025-01-10",
        "close": 25.459358,
        "volume": 1550298,
        "typical_volume": 2925482.9,
        "trend": 25.461787,
        "fair_value": 28.385782,
        "relative_strength": -1.018498,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 20.900991,
        "energy": 15.273232,
        "activity_lines": [
          26.473168,
          26.97931,
          26.777437,
          26.141375
        ]
      },
      {
        "date": "2025-01-17",
        "close": 26.137249,
        "volume": 1137760,
        "typical_volume": 2948867.25,
        "trend": 25.452837,
        "fair_value": 28.307346,
        "relative_strength": -0.506373,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 20.60201,
        "energy": 20.007972,
        "activity_lines": [
          26.145636,
          26.786552,
          26.784059,
          26.184953
        ]
      },
      {
        "date": "2025-01-24",
        "close": 26.333324,
        "volume": 1255994,
        "typical_volume": 2984355.65,
        "trend": 25.501071,
        "fair_value": 28.233894,
        "relative_strength": -0.021432,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.175729,
        "energy": 16.50804,
        "activity_lines": [
          26.074018,
          26.676458,
          26.800603,
          26.241759
        ]
      },
      {
        "date": "2025-01-31",
        "close": 26.417976,
        "volume": 177062,
        "typical_volume": 2926973.85,
        "trend": 25.592661,
        "fair_value": 28.162784,
        "relative_strength": 0.330715,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.158855,
        "energy": 12.613807,
        "activity_lines": [
          26.167567,
          26.57476,
          26.812994,
          26.300914
        ]
      },
      {
        "date": "2025-02-07",
        "close": 27.631296,
        "volume": 2116737,
        "typical_volume": 2992888.6,
        "trend": 25.697206,
        "fair_value": 28.11119,
        "relative_strength": 3.016279,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.150714,
        "energy": 15.765152,
        "activity_lines": [
          26.704147,
          26.693644,
          26.920899,
          26.432439
        ]
      },
      {
        "date": "2025-02-14",
        "close": 26.156969,
        "volume": 3425495,
        "typical_volume": 3043915.0,
        "trend": 25.767516,
        "fair_value": 28.062654,
        "relative_strength": -3.725532,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.559744,
        "energy": 11.710878,
        "activity_lines": [
          26.624524,
          26.542717,
          26.856885,
          26.462101
        ]
      },
      {
        "date": "2025-02-21",
        "close": 26.206348,
        "volume": 3307463,
        "typical_volume": 3110317.55,
        "trend": 25.864631,
        "fair_value": 28.01045,
        "relative_strength": -4.460498,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.178215,
        "energy": 10.960692,
        "activity_lines": [
          26.514852,
          26.429762,
          26.788394,
          26.490413
        ]
      },
      {
        "date": "2025-02-28",
        "close": 25.613798,
        "volume": 4622970,
        "typical_volume": 2980348.4,
        "trend": 25.948982,
        "fair_value": 27.970598,
        "relative_strength": -5.028099,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.489936,
        "energy": 4.576136,
        "activity_lines": [
          26.203057,
          26.259783,
          26.666136,
          26.47423
        ]
      },
      {
        "date": "2025-03-07",
        "close": 26.664873,
        "volume": 4603665,
        "typical_volume": 2997767.45,
        "trend": 26.021547,
        "fair_value": 27.955905,
        "relative_strength": -2.72403,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.021722,
        "energy": 10.491106,
        "activity_lines": [
          26.289589,
          26.331341,
          26.638585,
          26.520416
        ]
      },
      {
        "date": "2025-03-14",
        "close": 26.481464,
        "volume": 3955690,
        "typical_volume": 3011152.9,
        "trend": 26.070293,
        "fair_value": 27.93134,
        "relative_strength": -4.734097,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.514308,
        "energy": 9.165618,
        "activity_lines": [
          26.298525,
          26.375588,
          26.59618,
          26.550089
        ]
      },
      {
        "date": "2025-03-21",
        "close": 26.199295,
        "volume": 4727419,
        "typical_volume": 3106558.05,
        "trend": 26.173229,
        "fair_value": 27.900296,
        "relative_strength": -4.2718,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.205445,
        "energy": 4.02961,
        "activity_lines": [
          26.29006,
          26.355412,
          26.53255,
          26.558411
        ]
      },
      {
        "date": "2025-03-28",
        "close": 29.987398,
        "volume": 13370246,
        "typical_volume": 3548238.6,
        "trend": 26.362834,
        "fair_value": 27.896749,
        "relative_strength": 9.596966,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 68.703773,
        "energy": 44.12284,
        "activity_lines": [
          27.541474,
          27.010528,
          26.836985,
          26.804487
        ]
      },
      {
        "date": "2025-04-04",
        "close": 28.943378,
        "volume": 8721881,
        "typical_volume": 3727469.75,
        "trend": 26.535342,
        "fair_value": 27.897004,
        "relative_strength": 5.784109,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.815101,
        "energy": 56.304359,
        "activity_lines": [
          28.192811,
          27.405819,
          27.035968,
          26.970973
        ]
      },
      {
        "date": "2025-04-11",
        "close": 38.008022,
        "volume": 39849557,
        "typical_volume": 5513973.25,
        "trend": 27.061954,
        "fair_value": 27.965005,
        "relative_strength": 41.917594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.626902,
        "energy": 87.383913,
        "activity_lines": [
          31.643725,
          29.401773,
          28.083989,
          27.711146
        ]
      },
      {
        "date": "2025-04-18",
        "close": 36.364395,
        "volume": 25409803,
        "typical_volume": 6655296.45,
        "trend": 27.573613,
        "fair_value": 28.027696,
        "relative_strength": 33.040358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.173478,
        "energy": 89.666388,
        "activity_lines": [
          33.790553,
          30.888156,
          28.920278,
          28.311304
        ]
      },
      {
        "date": "2025-04-25",
        "close": 34.706661,
        "volume": 16854038,
        "typical_volume": 7395763.55,
        "trend": 27.922856,
        "fair_value": 28.068194,
        "relative_strength": 25.589587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.289694,
        "energy": 82.590235,
        "activity_lines": [
          34.72594,
          31.91435,
          29.556643,
          28.7715
        ]
      },
      {
        "date": "2025-05-02",
        "close": 34.847744,
        "volume": 7269065,
        "typical_volume": 7533952.7,
        "trend": 28.19224,
        "fair_value": 28.122619,
        "relative_strength": 26.088796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.667107,
        "energy": 82.351939,
        "activity_lines": [
          35.141198,
          32.810747,
          30.173325,
          29.218267
        ]
      },
      {
        "date": "2025-05-09",
        "close": 33.987129,
        "volume": 7109185,
        "typical_volume": 7684832.2,
        "trend": 28.509112,
        "fair_value": 28.190548,
        "relative_strength": 20.274298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.604491,
        "energy": 61.331044,
        "activity_lines": [
          34.945561,
          33.393552,
          30.680176,
          29.592131
        ]
      },
      {
        "date": "2025-05-16",
        "close": 32.089554,
        "volume": 9483923,
        "typical_volume": 8044809.35,
        "trend": 28.671648,
        "fair_value": 28.256809,
        "relative_strength": 12.401289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.831438,
        "energy": 43.45013,
        "activity_lines": [
          33.781149,
          33.4791,
          30.979641,
          29.823127
        ]
      },
      {
        "date": "2025-05-23",
        "close": 32.082497,
        "volume": 6663384,
        "typical_volume": 8280581.75,
        "trend": 28.818806,
        "fair_value": 28.297536,
        "relative_strength": 12.694887,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.975437,
        "energy": 29.913688,
        "activity_lines": [
          33.008949,
          33.464735,
          31.254183,
          30.043182
        ]
      },
      {
        "date": "2025-05-30",
        "close": 32.294125,
        "volume": 5497832,
        "typical_volume": 8477958.45,
        "trend": 28.970922,
        "fair_value": 28.342532,
        "relative_strength": 13.167507,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.722736,
        "energy": 21.875955,
        "activity_lines": [
          32.592752,
          33.387011,
          31.518773,
          30.267396
        ]
      },
      {
        "date": "2025-06-06",
        "close": 32.378773,
        "volume": 4765547,
        "typical_volume": 8659347.8,
        "trend": 29.09278,
        "fair_value": 28.382159,
        "relative_strength": 11.854205,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.043182,
        "energy": 20.788335,
        "activity_lines": [
          32.365606,
          33.213863,
          31.758877,
          30.487258
        ]
      },
      {
        "date": "2025-06-13",
        "close": 30.941765,
        "volume": 5182837,
        "typical_volume": 8855689.95,
        "trend": 29.259221,
        "fair_value": 28.396209,
        "relative_strength": 7.11239,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.193849,
        "energy": 18.738428,
        "activity_lines": [
          31.824056,
          32.73596,
          31.832403,
          30.606547
        ]
      },
      {
        "date": "2025-06-20",
        "close": 29.650871,
        "volume": 5252237,
        "typical_volume": 9109448.7,
        "trend": 29.367023,
        "fair_value": 28.410296,
        "relative_strength": 3.16201,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.237155,
        "energy": 14.81454,
        "activity_lines": [
          31.055232,
          31.987016,
          31.76104,
          30.631815
        ]
      },
      {
        "date": "2025-06-27",
        "close": 30.167229,
        "volume": 5540540,
        "typical_volume": 9280638.85,
        "trend": 29.454765,
        "fair_value": 28.411756,
        "relative_strength": 2.888719,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.559859,
        "energy": 13.035518,
        "activity_lines": [
          30.621106,
          31.483903,
          31.723461,
          30.683441
        ]
      },
      {
        "date": "2025-07-04",
        "close": 29.819681,
        "volume": 5616474,
        "typical_volume": 9390187.8,
        "trend": 29.523701,
        "fair_value": 28.406362,
        "relative_strength": 0.167922,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.132073,
        "energy": 15.007392,
        "activity_lines": [
          30.198816,
          31.030275,
          31.640705,
          30.706984
        ]
      },
      {
        "date": "2025-07-11",
        "close": 30.345968,
        "volume": 4589692,
        "typical_volume": 9454299.25,
        "trend": 29.568714,
        "fair_value": 28.399972,
        "relative_strength": 0.745706,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.503258,
        "energy": 17.557205,
        "activity_lines": [
          30.116917,
          30.761189,
          31.590631,
          30.760033
        ]
      },
      {
        "date": "2025-07-18",
        "close": 31.726234,
        "volume": 11382543,
        "typical_volume": 9792277.9,
        "trend": 29.680003,
        "fair_value": 28.409341,
        "relative_strength": 4.390203,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 9.49428,
        "energy": 15.32588,
        "activity_lines": [
          30.630628,
          30.824912,
          31.652298,
          30.899228
        ]
      },
      {
        "date": "2025-07-25",
        "close": 31.319105,
        "volume": 8603599,
        "typical_volume": 9992274.6,
        "trend": 29.824078,
        "fair_value": 28.425342,
        "relative_strength": 1.204922,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 20.483673,
        "energy": 13.491792,
        "activity_lines": [
          30.95633,
          30.855719,
          31.646083,
          31.004977
        ]
      },
      {
        "date": "2025-08-01",
        "close": 31.477985,
        "volume": 11011402,
        "typical_volume": 10345060.2,
        "trend": 30.014682,
        "fair_value": 28.443139,
        "relative_strength": 2.476019,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.390517,
        "energy": 16.99847,
        "activity_lines": [
          31.223778,
          30.92942,
          31.632838,
          31.11168
        ]
      },
      {
        "date": "2025-08-08",
        "close": 32.431259,
        "volume": 11100618,
        "typical_volume": 10663720.15,
        "trend": 30.247079,
        "fair_value": 28.477801,
        "relative_strength": 3.311691,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.031187,
        "energy": 26.175479,
        "activity_lines": [
          31.721599,
          31.187436,
          31.686587,
          31.267589
        ]
      },
      {
        "date": "2025-08-15",
        "close": 34.35767,
        "volume": 16534453,
        "typical_volume": 10821930.5,
        "trend": 30.521093,
        "fair_value": 28.530945,
        "relative_strength": 7.478533,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 59.543219,
        "energy": 43.985136,
        "activity_lines": [
          32.687452,
          31.793215,
          31.894128,
          31.532788
        ]
      },
      {
        "date": "2025-08-22",
        "close": 34.417252,
        "volume": 15516190,
        "typical_volume": 11161645.95,
        "trend": 30.790557,
        "fair_value": 28.57756,
        "relative_strength": 3.827249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.646775,
        "energy": 61.948403,
        "activity_lines": [
          33.405719,
          32.373847,
          32.086533,
          31.784153
        ]
      },
      {
        "date": "2025-08-29",
        "close": 34.149143,
        "volume": 12018614,
        "typical_volume": 9770098.8,
        "trend": 31.048263,
        "fair_value": 28.601467,
        "relative_strength": 2.090965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.767303,
        "energy": 64.941305,
        "activity_lines": [
          33.855216,
          32.842541,
          32.227337,
          32.000836
        ]
      },
      {
        "date": "2025-09-05",
        "close": 32.41,
        "volume": 8120059,
        "typical_volume": 8905611.6,
        "trend": 31.207553,
        "fair_value": 28.610554,
        "relative_strength": -1.934033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.597562,
        "energy": 55.192589,
        "activity_lines": [
          33.536328,
          32.91324,
          32.220885,
          32.08869
        ]
      },
      {
        "date": "2025-09-12",
        "close": 32.18,
        "volume": 6744121,
        "typical_volume": 8400115.75,
        "trend": 31.408321,
        "fair_value": 28.624861,
        "relative_strength": -4.112545,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.143781,
        "energy": 30.980731,
        "activity_lines": [
          33.07864,
          32.901344,
          32.211358,
          32.151429
        ]
      },
      {
        "date": "2025-09-19",
        "close": 32.099998,
        "volume": 6887574,
        "typical_volume": 8381041.2,
        "trend": 31.604776,
        "fair_value": 28.591364,
        "relative_strength": -3.241736,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.446256,
        "energy": 15.299084,
        "activity_lines": [
          32.611035,
          32.831987,
          32.206244,
          32.196053
        ]
      },
      {
        "date": "2025-09-26",
        "close": 34.639999,
        "volume": 12221778,
        "typical_volume": 8636670.85,
        "trend": 31.905649,
        "fair_value": 28.587839,
        "relative_strength": 3.919408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.752768,
        "energy": 21.923609,
        "activity_lines": [
          33.140609,
          33.192557,
          32.456119,
          32.391874
        ]
      },
      {
        "date": "2025-10-03",
        "close": 37.959999,
        "volume": 9027948,
        "typical_volume": 8613872.1,
        "trend": 32.282153,
        "fair_value": 28.581152,
        "relative_strength": 11.842571,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.189389,
        "energy": 53.736496,
        "activity_lines": [
          34.761999,
          34.103785,
          33.019075,
          32.782477
        ]
      },
      {
        "date": "2025-10-10",
        "close": 38.619999,
        "volume": 7688513,
        "typical_volume": 8665128.55,
        "trend": 32.686771,
        "fair_value": 28.591609,
        "relative_strength": 12.799784,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.320583,
        "energy": 77.873871,
        "activity_lines": [
          36.349332,
          35.014271,
          33.616934,
          33.19137
        ]
      },
      {
        "date": "2025-10-17",
        "close": 36.73,
        "volume": 10931426,
        "typical_volume": 8936808.25,
        "trend": 33.037794,
        "fair_value": 28.602475,
        "relative_strength": 8.589251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.144891,
        "energy": 75.371187,
        "activity_lines": [
          36.892666,
          35.451265,
          34.003663,
          33.452224
        ]
      },
      {
        "date": "2025-10-24",
        "close": 37.490002,
        "volume": 8398498,
        "typical_volume": 9118455.8,
        "trend": 33.287881,
        "fair_value": 28.619077,
        "relative_strength": 7.474803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.862632,
        "energy": 77.28887,
        "activity_lines": [
          37.386,
          35.948282,
          34.441649,
          33.739463
        ]
      },
      {
        "date": "2025-10-31",
        "close": 37.27,
        "volume": 7935529,
        "typical_volume": 9256090.4,
        "trend": 33.565435,
        "fair_value": 28.628784,
        "relative_strength": 6.503036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.962153,
        "energy": 71.946004,
        "activity_lines": [
          37.446667,
          36.348348,
          34.834343,
          33.996374
        ]
      },
      {
        "date": "2025-11-07",
        "close": 38.950001,
        "volume": 10291660,
        "typical_volume": 9508061.55,
        "trend": 33.596835,
        "fair_value": 28.63924,
        "relative_strength": 9.773488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.008394,
        "energy": 55.884993,
        "activity_lines": [
          37.892001,
          37.002,
          35.356903,
          34.343765
        ]
      },
      {
        "date": "2025-11-14",
        "close": 39.700001,
        "volume": 10901877,
        "typical_volume": 9776128.4,
        "trend": 33.708021,
        "fair_value": 28.696958,
        "relative_strength": 11.563671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.631557,
        "energy": 56.339063,
        "activity_lines": [
          38.521334,
          37.704728,
          35.906611,
          34.737518
        ]
      },
      {
        "date": "2025-11-21",
        "close": 35.970001,
        "volume": 11507144,
        "typical_volume": 10070661.9,
        "trend": 33.750133,
        "fair_value": 28.70766,
        "relative_strength": 4.890394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.701112,
        "energy": 41.264816,
        "activity_lines": [
          37.835334,
          37.596728,
          36.055685,
          34.883452
        ]
      },
      {
        "date": "2025-11-28",
        "close": 36.93,
        "volume": 6321252,
        "typical_volume": 10157239.9,
        "trend": 33.819541,
        "fair_value": 28.737084,
        "relative_strength": 5.924733,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.680818,
        "energy": 33.96477,
        "activity_lines": [
          37.520001,
          37.594364,
          36.266902,
          35.088605
        ]
      },
      {
        "date": "2025-12-05",
        "close": 39.130001,
        "volume": 8178863,
        "typical_volume": 9997055.9,
        "trend": 33.99097,
        "fair_value": 28.773744,
        "relative_strength": 11.378588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.929532,
        "energy": 39.322318,
        "activity_lines": [
          37.975334,
          37.904182,
          36.656289,
          35.431215
        ]
      },
      {
        "date": "2025-12-12",
        "close": 39.720001,
        "volume": 8884583,
        "typical_volume": 10011105.1,
        "trend": 34.245319,
        "fair_value": 28.81479,
        "relative_strength": 13.047414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.185266,
        "energy": 37.59498,
        "activity_lines": [
          38.503334,
          38.239637,
          37.066611,
          35.80083
        ]
      },
      {
        "date": "2025-12-19",
        "close": 38.669998,
        "volume": 6051824,
        "typical_volume": 9763126.2,
        "trend": 34.464902,
        "fair_value": 28.844139,
        "relative_strength": 9.674975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.418261,
        "energy": 36.670695,
        "activity_lines": [
          38.63,
          38.352182,
          37.336928,
          36.086293
        ]
      },
      {
        "date": "2025-12-26",
        "close": 40.490002,
        "volume": 6850766,
        "typical_volume": 9550633.6,
        "trend": 34.738098,
        "fair_value": 28.874443,
        "relative_strength": 12.173576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.884876,
        "energy": 51.985485,
        "activity_lines": [
          39.432,
          38.794728,
          37.746332,
          36.475009
        ]
      },
      {
        "date": "2026-01-02",
        "close": 41.200001,
        "volume": 7231250,
        "typical_volume": 9085473.45,
        "trend": 35.032139,
        "fair_value": 28.920398,
        "relative_strength": 13.426951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.636426,
        "energy": 60.513463,
        "activity_lines": [
          40.169334,
          39.298001,
          38.184979,
          36.891906
        ]
      },
      {
        "date": "2026-01-09",
        "close": 53.599998,
        "volume": 34223142,
        "typical_volume": 10020821.05,
        "trend": 35.787413,
        "fair_value": 29.062296,
        "relative_strength": 40.666415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.716334,
        "energy": 89.647581,
        "activity_lines": [
          44.755333,
          41.988364,
          39.771996,
          38.089833
        ]
      },
      {
        "date": "2026-01-16",
        "close": 61.91,
        "volume": 41695182,
        "typical_volume": 11504649.45,
        "trend": 36.862718,
        "fair_value": 29.247875,
        "relative_strength": 60.856525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.945058,
        "energy": 98.211199,
        "activity_lines": [
          51.146666,
          45.892727,
          42.059095,
          39.775161
        ]
      },
      {
        "date": "2026-01-23",
        "close": 62.360001,
        "volume": 23193062,
        "typical_volume": 12258299.6,
        "trend": 37.93581,
        "fair_value": 29.426405,
        "relative_strength": 58.417465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.01549,
        "energy": 97.18868,
        "activity_lines": [
          56.208667,
          49.461455,
          44.256857,
          41.420147
        ]
      },
      {
        "date": "2026-01-30",
        "close": 61.860001,
        "volume": 25099422,
        "typical_volume": 13176064.65,
        "trend": 39.003821,
        "fair_value": 29.590587,
        "relative_strength": 55.673539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.149639,
        "energy": 92.820406,
        "activity_lines": [
          59.524667,
          52.527273,
          46.264381,
          42.963643
        ]
      },
      {
        "date": "2026-02-06",
        "close": 67.0,
        "volume": 27786887,
        "typical_volume": 14221030.3,
        "trend": 40.225622,
        "fair_value": 29.789877,
        "relative_strength": 68.062013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.298744,
        "energy": 94.001305,
        "activity_lines": [
          63.129334,
          56.056909,
          48.620096,
          44.769848
        ]
      },
      {
        "date": "2026-02-13",
        "close": 71.099998,
        "volume": 17385204,
        "typical_volume": 14479201.6,
        "trend": 41.53808,
        "fair_value": 30.004652,
        "relative_strength": 74.342904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.201069,
        "energy": 92.359325,
        "activity_lines": [
          66.380666,
          59.785273,
          51.200095,
          46.761743
        ]
      },
      {
        "date": "2026-02-27",
        "close": 73.019997,
        "volume": 12295368,
        "typical_volume": 14642572.6,
        "trend": 42.92811,
        "fair_value": 30.237263,
        "relative_strength": 72.329254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.368684,
        "energy": 77.886298,
        "activity_lines": [
          69.105332,
          63.281454,
          53.789333,
          48.792835
        ]
      },
      {
        "date": "2026-03-06",
        "close": 65.849998,
        "volume": 13525615,
        "typical_volume": 14934427.7,
        "trend": 44.073844,
        "fair_value": 30.44162,
        "relative_strength": 54.45702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.672343,
        "energy": 66.944536,
        "activity_lines": [
          68.699332,
          64.868544,
          55.528762,
          50.271666
        ]
      },
      {
        "date": "2026-03-13",
        "close": 60.68,
        "volume": 13441902,
        "typical_volume": 15059951.5,
        "trend": 45.015469,
        "fair_value": 30.603636,
        "relative_strength": 41.510257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.636809,
        "energy": 61.227593,
        "activity_lines": [
          66.337332,
          65.021454,
          56.646142,
          51.343031
        ]
      },
      {
        "date": "2026-03-20",
        "close": 56.0,
        "volume": 14671114,
        "typical_volume": 15373582.3,
        "trend": 45.73688,
        "fair_value": 30.740101,
        "relative_strength": 33.591373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.81023,
        "energy": 41.839821,
        "activity_lines": [
          62.493999,
          63.956363,
          57.203762,
          52.051711
        ]
      },
      {
        "date": "2026-03-27",
        "close": 55.5,
        "volume": 13215201,
        "typical_volume": 15637565.9,
        "trend": 46.439638,
        "fair_value": 30.876125,
        "relative_strength": 32.328247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.654393,
        "energy": 27.460896,
        "activity_lines": [
          59.217333,
          62.531272,
          57.625619,
          52.681589
        ]
      },
      {
        "date": "2026-04-03",
        "close": 52.639999,
        "volume": 8409042,
        "typical_volume": 15543435.0,
        "trend": 47.056,
        "fair_value": 31.003361,
        "relative_strength": 25.556254,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.669119,
        "energy": 28.468226,
        "activity_lines": [
          56.027333,
          60.551636,
          57.688285,
          53.081613
        ]
      },
      {
        "date": "2026-04-10",
        "close": 64.400002,
        "volume": 20233825,
        "typical_volume": 16010032.4,
        "trend": 48.122333,
        "fair_value": 31.202396,
        "relative_strength": 47.548262,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.371612,
        "energy": 26.86807,
        "activity_lines": [
          58.116,
          60.878727,
          58.805762,
          54.200581
        ]
      },
      {
        "date": "2026-04-17",
        "close": 70.269997,
        "volume": 23926391,
        "typical_volume": 16630994.75,
        "trend": 49.392,
        "fair_value": 31.454823,
        "relative_strength": 56.861402,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.275547,
        "energy": 34.996818,
        "activity_lines": [
          62.257999,
          62.235999,
          60.364666,
          55.629462
        ]
      },
      {
        "date": "2026-04-24",
        "close": 70.360001,
        "volume": 13126482,
        "typical_volume": 16971256.25,
        "trend": 50.667333,
        "fair_value": 31.706316,
        "relative_strength": 54.316151,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.949627,
        "energy": 48.428668,
        "activity_lines": [
          65.790666,
          63.456727,
          61.768809,
          56.982236
        ]
      },
      {
        "date": "2026-05-01",
        "close": 73.0,
        "volume": 14364898,
        "typical_volume": 17280558.0,
        "trend": 51.946,
        "fair_value": 31.9743,
        "relative_strength": 56.901102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.885106,
        "energy": 72.7198,
        "activity_lines": [
          69.246,
          65.096363,
          63.26519,
          58.423054
        ]
      },
      {
        "date": "2026-05-08",
        "close": 82.540001,
        "volume": 15952838,
        "typical_volume": 17633970.75,
        "trend": 53.432,
        "fair_value": 32.309398,
        "relative_strength": 71.864539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.65881,
        "energy": 86.15734,
        "activity_lines": [
          74.714667,
          68.436,
          65.508857,
          60.39686
        ]
      },
      {
        "date": "2026-05-15",
        "close": 90.199997,
        "volume": 34972320,
        "typical_volume": 19079995.55,
        "trend": 55.151333,
        "fair_value": 32.69118,
        "relative_strength": 86.209643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.320641,
        "energy": 92.293315,
        "activity_lines": [
          80.743333,
          72.995272,
          68.278142,
          62.768989
        ]
      },
      {
        "date": "2026-05-22",
        "close": 100.480003,
        "volume": 29766248,
        "typical_volume": 20225769.65,
        "trend": 57.276333,
        "fair_value": 33.142271,
        "relative_strength": 103.585527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.089958,
        "energy": 95.77725,
        "activity_lines": [
          88.478667,
          78.980909,
          71.781095,
          65.693419
        ]
      },
      {
        "date": "2026-05-29",
        "close": 105.860001,
        "volume": 30654427,
        "typical_volume": 21396928.5,
        "trend": 59.555333,
        "fair_value": 33.645039,
        "relative_strength": 111.25814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.726784,
        "energy": 95.010907,
        "activity_lines": [
          95.993334,
          85.221091,
          75.510762,
          68.827849
        ]
      },
      {
        "date": "2026-06-05",
        "close": 75.099998,
        "volume": 5395114,
        "typical_volume": 19955527.1,
        "trend": 60.816333,
        "fair_value": 33.945487,
        "relative_strength": 49.294104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.965288,
        "energy": 60.060841,
        "activity_lines": [
          90.888,
          84.962,
          76.003,
          69.830731
        ]
      },
      {
        "date": "2026-06-12",
        "close": 79.0,
        "volume": 7361477,
        "typical_volume": 18238841.85,
        "trend": 62.151333,
        "fair_value": 34.273096,
        "relative_strength": 54.513325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.693999,
        "energy": 50.508387,
        "activity_lines": [
          86.942667,
          85.055636,
          76.764285,
          71.003871
        ]
      },
      {
        "date": "2026-06-19",
        "close": 94.5,
        "volume": 40902239,
        "typical_volume": 19124300.7,
        "trend": 63.978,
        "fair_value": 34.703259,
        "relative_strength": 78.393863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.297413,
        "energy": 46.475977,
        "activity_lines": [
          88.4,
          87.488182,
          78.920381,
          73.090882
        ]
      },
      {
        "date": "2026-06-26",
        "close": 92.0,
        "volume": 6515572,
        "typical_volume": 18195108.2,
        "trend": 65.845667,
        "fair_value": 35.121801,
        "relative_strength": 72.803138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.094763,
        "energy": 31.574742,
        "activity_lines": [
          88.737333,
          88.918909,
          80.685333,
          74.898752
        ]
      },
      {
        "date": "2026-07-03",
        "close": 76.25,
        "volume": 4416381,
        "typical_volume": 17026582.9,
        "trend": 67.156333,
        "fair_value": 35.447113,
        "relative_strength": 40.585246,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.943493,
        "energy": 24.785739,
        "activity_lines": [
          84.39,
          87.090909,
          80.806762,
          75.57
        ]
      },
      {
        "date": "2026-07-10",
        "close": 70.5,
        "volume": 26297865,
        "typical_volume": 17472215.95,
        "trend": 68.202,
        "fair_value": 35.740101,
        "relative_strength": 29.842643,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.582329,
        "energy": 14.178621,
        "activity_lines": [
          80.1,
          84.110364,
          80.336524,
          75.78572
        ]
      },
      {
        "date": "2026-07-17",
        "close": 57.75,
        "volume": 25441671,
        "typical_volume": 18129531.1,
        "trend": 68.803,
        "fair_value": 35.941036,
        "relative_strength": 11.855847,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.245148,
        "energy": 15.828757,
        "activity_lines": [
          71.866667,
          78.857091,
          78.654857,
          75.111398
        ]
      },
      {
        "date": "2026-07-24",
        "close": 54.639999,
        "volume": 27429793,
        "typical_volume": 18824740.0,
        "trend": 69.335333,
        "fair_value": 36.117673,
        "relative_strength": 3.666061,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.455599,
        "energy": 36.6262,
        "activity_lines": [
          64.013333,
          73.489091,
          76.749714,
          74.197656
        ]
      },
      {
        "date": "2026-07-31",
        "close": 50.400002,
        "volume": 23277864,
        "typical_volume": 19316538.1,
        "trend": 69.665666,
        "fair_value": 36.262336,
        "relative_strength": -5.412992,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.729234,
        "energy": 54.176523,
        "activity_lines": [
          57.404,
          67.996727,
          74.494143,
          72.976021
        ]
      },
      {
        "date": "2026-08-07",
        "close": 60.080002,
        "volume": 28500931,
        "typical_volume": 20008028.95,
        "trend": 70.295,
        "fair_value": 36.469785,
        "relative_strength": 8.70627,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.476212,
        "energy": 53.793849,
        "activity_lines": [
          56.794668,
          65.17491,
          73.209429,
          72.357591
        ]
      }
    ],
    "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."
    }
  }
}