{
  "ticker": {
    "uuid": "26c148ca-d586-410f-8da5-bc750f1e9cea",
    "symbol": "TARSONS",
    "name": "Tarsons Products Limited",
    "exchange": "NSI",
    "country": "IN",
    "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": "^NSEI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 84.595,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 70.966,
    "architecture_energy": 72.025,
    "architecture_maturity": 32.0,
    "architecture_confidence": 80.868,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 5.73,
        "rotation_up": 79.69,
        "upward_expansion": 92.51,
        "deceleration": 47.12,
        "rotation_down": 11.06,
        "downward_expansion": 14.51
      },
      "activity_lines": [
        309.089998,
        292.122908,
        262.22581,
        244.470022
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 312.299988,
    "trend_reference": 225.731668,
    "distance_from_trend": 0.383501,
    "trend_direction": "Improving",
    "fair_value": 372.385459,
    "distance_from_fair_value": -0.161353,
    "fair_value_direction": "Improving",
    "relative_strength": 27.854872,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.425637,
    "excess_performance": 0.469346,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.383501,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.065303,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.161353,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.268343,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.278549,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.426623,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.425637,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.292102,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 624576,
      "relative_activity": 0.438146,
      "balance": 4.292102,
      "dry_up": 1.750081,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.094345,
      "annualized_volatility": 0.513562,
      "from_high_reference": -0.17805,
      "from_low_reference": 0.899057
    },
    "levels": {
      "trend_reference": 225.731668,
      "fair_value_reference": 372.385459,
      "structural_low": 164.449997,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.058196,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.045929,
        "regime_survival": 0.5,
        "best_return": 0.180045,
        "worst_return": -0.063652,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": -0.106276,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.097277,
        "regime_survival": 0.0,
        "best_return": -0.106276,
        "worst_return": -0.106276,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": -0.249059,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.215919,
        "regime_survival": 0.0,
        "best_return": -0.249059,
        "worst_return": -0.249059,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.270538,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.270366,
        "regime_survival": 0.0,
        "best_return": -0.270538,
        "worst_return": -0.270538,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-08",
        "end": "2024-06-14",
        "tenure": "Established",
        "return": 0.096774,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-21",
        "end": "2024-06-28",
        "tenure": "New",
        "return": -0.0007,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-07-05",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": 0.022488,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-09",
        "end": "2024-08-16",
        "tenure": "New",
        "return": -0.1381,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-23",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.111897,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-01",
        "end": "2025-04-25",
        "tenure": "Established",
        "return": -0.091377,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.07779,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-06-06",
        "tenure": "New",
        "return": -0.093328,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.160794,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-29",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": -0.014593,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-03",
        "end": "2026-05-29",
        "tenure": "Extended",
        "return": -0.31144,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-05",
        "end": "2026-06-12",
        "tenure": "New",
        "return": -0.02553,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-19",
        "end": "2026-06-26",
        "tenure": "New",
        "return": -0.01367,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.171418,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 515.140747,
        "volume": 806268,
        "typical_volume": 426130.6,
        "trend": 585.241783,
        "fair_value": 674.774821,
        "relative_strength": -26.375108,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -43.393248,
        "energy": 25.635974,
        "activity_lines": [
          566.852315,
          581.210134,
          576.911793,
          575.253811
        ]
      },
      {
        "date": "2023-08-25",
        "close": 507.921722,
        "volume": 439977,
        "typical_volume": 431128.7,
        "trend": 579.499743,
        "fair_value": 672.9612,
        "relative_strength": -26.557082,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -60.466702,
        "energy": 46.714061,
        "activity_lines": [
          543.502455,
          567.024608,
          570.917264,
          570.26542
        ]
      },
      {
        "date": "2023-09-01",
        "close": 524.450867,
        "volume": 527083,
        "typical_volume": 450760.75,
        "trend": 573.747745,
        "fair_value": 671.364315,
        "relative_strength": -24.153159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.159603,
        "energy": 59.765789,
        "activity_lines": [
          531.291504,
          556.960504,
          566.75488,
          566.71388
        ]
      },
      {
        "date": "2023-09-08",
        "close": 534.208984,
        "volume": 511505,
        "typical_volume": 458130.2,
        "trend": 568.072086,
        "fair_value": 669.905215,
        "relative_strength": -23.378904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.59099,
        "energy": 67.44922,
        "activity_lines": [
          527.159226,
          549.827459,
          563.727625,
          564.162992
        ]
      },
      {
        "date": "2023-09-15",
        "close": 535.30426,
        "volume": 428005,
        "typical_volume": 463134.1,
        "trend": 565.237574,
        "fair_value": 668.488363,
        "relative_strength": -23.679543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.363309,
        "energy": 63.267717,
        "activity_lines": [
          527.846269,
          544.083905,
          560.779789,
          562.048939
        ]
      },
      {
        "date": "2023-09-22",
        "close": 550.937195,
        "volume": 2957504,
        "typical_volume": 597390.0,
        "trend": 563.413728,
        "fair_value": 667.263872,
        "relative_strength": -18.555467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.52266,
        "energy": 34.578134,
        "activity_lines": [
          537.023562,
          542.222787,
          559.45262,
          561.126334
        ]
      },
      {
        "date": "2023-09-29",
        "close": 523.753784,
        "volume": 591434,
        "typical_volume": 597619.85,
        "trend": 560.785001,
        "fair_value": 665.784386,
        "relative_strength": -21.517656,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.446459,
        "energy": 33.725508,
        "activity_lines": [
          534.753288,
          536.674756,
          555.550305,
          558.567628
        ]
      },
      {
        "date": "2023-10-06",
        "close": 516.236084,
        "volume": 372409,
        "typical_volume": 609142.45,
        "trend": 558.464953,
        "fair_value": 664.258383,
        "relative_strength": -21.847232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.566224,
        "energy": 35.804555,
        "activity_lines": [
          528.921643,
          531.00725,
          551.059804,
          555.693504
        ]
      },
      {
        "date": "2023-10-13",
        "close": 508.270233,
        "volume": 381661,
        "typical_volume": 603295.35,
        "trend": 556.41873,
        "fair_value": 662.682745,
        "relative_strength": -22.513067,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.519231,
        "energy": 41.463085,
        "activity_lines": [
          520.982367,
          525.35694,
          545.911172,
          552.455135
        ]
      },
      {
        "date": "2023-10-20",
        "close": 490.695587,
        "volume": 522812,
        "typical_volume": 611522.05,
        "trend": 554.631393,
        "fair_value": 660.962874,
        "relative_strength": -23.495942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.272116,
        "energy": 70.834475,
        "activity_lines": [
          508.914125,
          518.197642,
          539.409531,
          548.214932
        ]
      },
      {
        "date": "2023-10-27",
        "close": 463.910461,
        "volume": 560994,
        "typical_volume": 617716.05,
        "trend": 552.43249,
        "fair_value": 659.01186,
        "relative_strength": -24.932739,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.387363,
        "energy": 80.222602,
        "activity_lines": [
          490.89142,
          507.873736,
          530.74526,
          542.361969
        ]
      },
      {
        "date": "2023-11-03",
        "close": 479.543427,
        "volume": 207738,
        "typical_volume": 600794.05,
        "trend": 549.680957,
        "fair_value": 657.252365,
        "relative_strength": -22.325937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.244657,
        "energy": 77.249837,
        "activity_lines": [
          483.881486,
          501.323647,
          523.963156,
          537.659449
        ]
      },
      {
        "date": "2023-11-10",
        "close": 488.504974,
        "volume": 230202,
        "typical_volume": 567734.8,
        "trend": 547.042274,
        "fair_value": 655.614041,
        "relative_strength": -21.062727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.297946,
        "energy": 72.23078,
        "activity_lines": [
          482.806091,
          496.918899,
          518.461986,
          533.712611
        ]
      },
      {
        "date": "2023-11-17",
        "close": 485.866302,
        "volume": 241850,
        "typical_volume": 554105.9,
        "trend": 545.605105,
        "fair_value": 653.981851,
        "relative_strength": -22.091451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.502091,
        "energy": 71.279777,
        "activity_lines": [
          482.69988,
          492.687954,
          513.18367,
          529.765774
        ]
      },
      {
        "date": "2023-11-24",
        "close": 482.530609,
        "volume": 288315,
        "typical_volume": 551973.75,
        "trend": 542.923272,
        "fair_value": 652.348982,
        "relative_strength": -22.263434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.793643,
        "energy": 52.453338,
        "activity_lines": [
          482.975366,
          488.729477,
          508.129631,
          525.696452
        ]
      },
      {
        "date": "2023-12-01",
        "close": 469.685699,
        "volume": 689130,
        "typical_volume": 551078.5,
        "trend": 540.118632,
        "fair_value": 650.625744,
        "relative_strength": -25.374569,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.945379,
        "energy": 51.621282,
        "activity_lines": [
          479.513547,
          483.395083,
          502.375974,
          520.971447
        ]
      },
      {
        "date": "2023-12-08",
        "close": 461.222015,
        "volume": 407410,
        "typical_volume": 549597.9,
        "trend": 537.139741,
        "fair_value": 648.855616,
        "relative_strength": -28.393847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.000533,
        "energy": 54.59236,
        "activity_lines": [
          472.845485,
          477.999137,
          496.531991,
          515.881343
        ]
      },
      {
        "date": "2023-12-15",
        "close": 501.250305,
        "volume": 717590,
        "typical_volume": 571871.85,
        "trend": 535.936567,
        "fair_value": 647.4889,
        "relative_strength": -23.155715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.354974,
        "energy": 41.039094,
        "activity_lines": [
          480.741613,
          481.018004,
          495.124691,
          513.565895
        ]
      },
      {
        "date": "2023-12-22",
        "close": 542.921631,
        "volume": 3826100,
        "typical_volume": 751019.8,
        "trend": 534.846245,
        "fair_value": 646.529567,
        "relative_strength": -15.687742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.21765,
        "energy": 11.654864,
        "activity_lines": [
          501.678495,
          491.885944,
          498.14128,
          514.016545
        ]
      },
      {
        "date": "2023-12-29",
        "close": 525.048279,
        "volume": 745981,
        "typical_volume": 772698.4,
        "trend": 533.272993,
        "fair_value": 645.425192,
        "relative_strength": -19.173535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.868351,
        "energy": 18.372003,
        "activity_lines": [
          512.853904,
          498.874158,
          499.732314,
          513.384418
        ]
      },
      {
        "date": "2024-01-05",
        "close": 523.007019,
        "volume": 568457,
        "typical_volume": 760807.85,
        "trend": 532.489686,
        "fair_value": 644.322325,
        "relative_strength": -18.674758,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.221881,
        "energy": 22.21631,
        "activity_lines": [
          520.514382,
          504.86664,
          501.412016,
          512.722097
        ]
      },
      {
        "date": "2024-01-12",
        "close": 507.523438,
        "volume": 333313,
        "typical_volume": 755474.65,
        "trend": 530.430185,
        "fair_value": 643.100907,
        "relative_strength": -21.008676,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.884671,
        "energy": 20.569089,
        "activity_lines": [
          519.458911,
          506.969442,
          501.579631,
          511.111371
        ]
      },
      {
        "date": "2024-01-19",
        "close": 497.018463,
        "volume": 418248,
        "typical_volume": 750032.9,
        "trend": 527.394869,
        "fair_value": 641.808142,
        "relative_strength": -20.870115,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.263368,
        "energy": 12.612762,
        "activity_lines": [
          511.815021,
          506.653521,
          500.74867,
          508.955776
        ]
      },
      {
        "date": "2024-01-26",
        "close": 508.220428,
        "volume": 362625,
        "typical_volume": 742588.9,
        "trend": 524.346276,
        "fair_value": 640.63632,
        "relative_strength": -17.251558,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.844395,
        "energy": 9.33168,
        "activity_lines": [
          508.187242,
          508.219531,
          501.115193,
          507.718715
        ]
      },
      {
        "date": "2024-02-02",
        "close": 485.517792,
        "volume": 533591,
        "typical_volume": 747868.2,
        "trend": 520.779905,
        "fair_value": 639.287463,
        "relative_strength": -21.882382,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.565147,
        "energy": 21.772736,
        "activity_lines": [
          499.30533,
          505.251349,
          499.443315,
          505.213652
        ]
      },
      {
        "date": "2024-02-09",
        "close": 491.442383,
        "volume": 1311404,
        "typical_volume": 665563.2,
        "trend": 516.494948,
        "fair_value": 638.012936,
        "relative_strength": -19.753794,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.892738,
        "energy": 23.127342,
        "activity_lines": [
          495.033649,
          503.306054,
          498.572762,
          503.320909
        ]
      },
      {
        "date": "2024-02-16",
        "close": 486.961578,
        "volume": 428419,
        "typical_volume": 657412.45,
        "trend": 512.98168,
        "fair_value": 636.721899,
        "relative_strength": -20.740529,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.75645,
        "energy": 24.340179,
        "activity_lines": [
          491.372674,
          500.150491,
          497.558775,
          501.41553
        ]
      },
      {
        "date": "2024-02-23",
        "close": 477.601746,
        "volume": 334066,
        "typical_volume": 655495.3,
        "trend": 509.007059,
        "fair_value": 635.373423,
        "relative_strength": -22.158367,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.444555,
        "energy": 39.217327,
        "activity_lines": [
          485.962547,
          494.825148,
          495.828576,
          499.132953
        ]
      },
      {
        "date": "2024-03-01",
        "close": 466.300201,
        "volume": 296702,
        "typical_volume": 651247.35,
        "trend": 504.516319,
        "fair_value": 633.95264,
        "relative_strength": -23.718786,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.752073,
        "energy": 50.131953,
        "activity_lines": [
          478.079685,
          487.874953,
          493.206012,
          496.377672
        ]
      },
      {
        "date": "2024-03-08",
        "close": 452.210632,
        "volume": 401547,
        "typical_volume": 645184.1,
        "trend": 500.106895,
        "fair_value": 632.438123,
        "relative_strength": -25.827001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.059293,
        "energy": 59.138967,
        "activity_lines": [
          468.294983,
          479.756134,
          489.441442,
          493.003112
        ]
      },
      {
        "date": "2024-03-15",
        "close": 398.939087,
        "volume": 668555,
        "typical_volume": 650562.15,
        "trend": 496.233506,
        "fair_value": 630.508379,
        "relative_strength": -32.439158,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.893853,
        "energy": 79.14433,
        "activity_lines": [
          442.973576,
          463.275902,
          480.786654,
          486.476157
        ]
      },
      {
        "date": "2024-03-22",
        "close": 409.89212,
        "volume": 483957,
        "typical_volume": 664373.1,
        "trend": 492.965853,
        "fair_value": 628.700049,
        "relative_strength": -30.134704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.740162,
        "energy": 85.96933,
        "activity_lines": [
          427.470066,
          451.04291,
          473.484398,
          480.905745
        ]
      },
      {
        "date": "2024-03-29",
        "close": 391.91922,
        "volume": 791679,
        "typical_volume": 692446.95,
        "trend": 488.548131,
        "fair_value": 626.775002,
        "relative_strength": -33.259806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.946632,
        "energy": 90.97315,
        "activity_lines": [
          411.113554,
          437.317233,
          464.802111,
          474.386607
        ]
      },
      {
        "date": "2024-04-05",
        "close": 440.212097,
        "volume": 321157,
        "typical_volume": 696412.3,
        "trend": 485.414902,
        "fair_value": 625.270462,
        "relative_strength": -24.978588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.278257,
        "energy": 79.848651,
        "activity_lines": [
          416.566835,
          434.282974,
          461.179078,
          471.268153
        ]
      },
      {
        "date": "2024-04-12",
        "close": 448.028595,
        "volume": 240854,
        "typical_volume": 694039.25,
        "trend": 482.505713,
        "fair_value": 623.852527,
        "relative_strength": -22.987005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.82195,
        "energy": 56.66317,
        "activity_lines": [
          426.364823,
          433.906412,
          458.517874,
          468.856133
        ]
      },
      {
        "date": "2024-04-19",
        "close": 453.654449,
        "volume": 267802,
        "typical_volume": 672972.85,
        "trend": 479.262955,
        "fair_value": 622.501749,
        "relative_strength": -20.142144,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.793303,
        "energy": 33.207117,
        "activity_lines": [
          438.316898,
          435.234355,
          456.556761,
          466.994762
        ]
      },
      {
        "date": "2024-04-26",
        "close": 461.719879,
        "volume": 203464,
        "typical_volume": 662775.55,
        "trend": 477.195158,
        "fair_value": 621.23575,
        "relative_strength": -19.07052,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.623873,
        "energy": 25.61676,
        "activity_lines": [
          449.309759,
          438.715792,
          455.440123,
          465.86295
        ]
      },
      {
        "date": "2024-05-03",
        "close": 443.647339,
        "volume": 178834,
        "typical_volume": 635837.75,
        "trend": 474.775533,
        "fair_value": 619.84834,
        "relative_strength": -21.786687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.704725,
        "energy": 24.326334,
        "activity_lines": [
          450.823256,
          439.370254,
          452.59992,
          463.698575
        ]
      },
      {
        "date": "2024-05-10",
        "close": 433.441132,
        "volume": 179801,
        "typical_volume": 453522.8,
        "trend": 472.28123,
        "fair_value": 618.403323,
        "relative_strength": -21.505942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.870717,
        "energy": 21.824223,
        "activity_lines": [
          445.486143,
          438.786394,
          449.061998,
          461.031839
        ]
      },
      {
        "date": "2024-05-17",
        "close": 436.627472,
        "volume": 190167,
        "typical_volume": 425732.1,
        "trend": 470.478959,
        "fair_value": 617.005047,
        "relative_strength": -21.769171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.292768,
        "energy": 22.935836,
        "activity_lines": [
          441.662541,
          439.379306,
          446.348872,
          458.731597
        ]
      },
      {
        "date": "2024-05-24",
        "close": 422.687256,
        "volume": 226996,
        "typical_volume": 408659.05,
        "trend": 469.104852,
        "fair_value": 615.521705,
        "relative_strength": -25.150521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.05535,
        "energy": 37.520418,
        "activity_lines": [
          433.952275,
          437.720963,
          442.729158,
          455.648261
        ]
      },
      {
        "date": "2024-05-31",
        "close": 412.381439,
        "volume": 552207,
        "typical_volume": 419603.75,
        "trend": 466.866119,
        "fair_value": 613.982764,
        "relative_strength": -24.854888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.753589,
        "energy": 45.121754,
        "activity_lines": [
          424.871216,
          433.757051,
          438.605651,
          451.988686
        ]
      },
      {
        "date": "2024-06-07",
        "close": 419.749847,
        "volume": 248640,
        "typical_volume": 411123.35,
        "trend": 464.574282,
        "fair_value": 612.522366,
        "relative_strength": -25.333254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.849752,
        "energy": 44.804852,
        "activity_lines": [
          421.535522,
          431.087589,
          435.636954,
          448.948927
        ]
      },
      {
        "date": "2024-06-14",
        "close": 495.972961,
        "volume": 754802,
        "typical_volume": 430732.2,
        "trend": 464.91117,
        "fair_value": 611.652594,
        "relative_strength": -11.794228,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -2.064648,
        "energy": 5.061952,
        "activity_lines": [
          445.2007,
          441.770864,
          440.295547,
          450.974648
        ]
      },
      {
        "date": "2024-06-21",
        "close": 497.815063,
        "volume": 1174503,
        "typical_volume": 462777.8,
        "trend": 465.420652,
        "fair_value": 610.809354,
        "relative_strength": -10.861843,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.273239,
        "energy": 15.818135,
        "activity_lines": [
          465.311122,
          451.775232,
          445.187899,
          453.09748
        ]
      },
      {
        "date": "2024-06-28",
        "close": 497.466553,
        "volume": 640026,
        "typical_volume": 429208.9,
        "trend": 466.346681,
        "fair_value": 609.975951,
        "relative_strength": -12.064916,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.595797,
        "energy": 32.539722,
        "activity_lines": [
          481.226202,
          460.811027,
          449.988502,
          455.164957
        ]
      },
      {
        "date": "2024-07-05",
        "close": 491.492188,
        "volume": 276020,
        "typical_volume": 421588.95,
        "trend": 467.355686,
        "fair_value": 609.111106,
        "relative_strength": -13.502546,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 22.654743,
        "energy": 41.955966,
        "activity_lines": [
          490.164541,
          467.963989,
          454.191431,
          456.787248
        ]
      },
      {
        "date": "2024-07-12",
        "close": 498.014191,
        "volume": 320406,
        "typical_volume": 420905.95,
        "trend": 467.247816,
        "fair_value": 608.306055,
        "relative_strength": -12.170865,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.812548,
        "energy": 57.672541,
        "activity_lines": [
          496.00283,
          475.761456,
          458.993929,
          458.765216
        ]
      },
      {
        "date": "2024-07-19",
        "close": 473.817963,
        "volume": 280077,
        "typical_volume": 420074.7,
        "trend": 464.94436,
        "fair_value": 607.338515,
        "relative_strength": -15.78826,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.173292,
        "energy": 40.312384,
        "activity_lines": [
          488.558087,
          478.17112,
          461.394822,
          459.189096
        ]
      },
      {
        "date": "2024-07-26",
        "close": 515.140747,
        "volume": 450421,
        "typical_volume": 422518.4,
        "trend": 464.614109,
        "fair_value": 606.67996,
        "relative_strength": -8.827818,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.510771,
        "energy": 33.755531,
        "activity_lines": [
          496.364606,
          487.359893,
          467.695419,
          462.427573
        ]
      },
      {
        "date": "2024-08-02",
        "close": 502.544769,
        "volume": 511941,
        "typical_volume": 414687.7,
        "trend": 463.932034,
        "fair_value": 605.941412,
        "relative_strength": -9.838141,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 59.336595,
        "energy": 38.159315,
        "activity_lines": [
          498.817419,
          492.830975,
          472.496732,
          464.874712
        ]
      },
      {
        "date": "2024-08-09",
        "close": 488.853516,
        "volume": 411919,
        "typical_volume": 411085.8,
        "trend": 463.309704,
        "fair_value": 605.11685,
        "relative_strength": -10.267023,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.625613,
        "energy": 32.280242,
        "activity_lines": [
          496.367934,
          494.360783,
          475.500756,
          466.48255
        ]
      },
      {
        "date": "2024-08-16",
        "close": 421.343018,
        "volume": 605811,
        "typical_volume": 401792.4,
        "trend": 460.787189,
        "fair_value": 603.831718,
        "relative_strength": -22.573116,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 14.633508,
        "energy": 8.886482,
        "activity_lines": [
          471.590861,
          482.225553,
          471.699203,
          463.775022
        ]
      },
      {
        "date": "2024-08-23",
        "close": 457.886292,
        "volume": 744550,
        "typical_volume": 422962.05,
        "trend": 459.109384,
        "fair_value": 602.818208,
        "relative_strength": -16.23855,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.554986,
        "energy": 15.966835,
        "activity_lines": [
          464.106291,
          476.705589,
          471.237847,
          463.587867
        ]
      },
      {
        "date": "2024-08-30",
        "close": 450.36853,
        "volume": 181134,
        "typical_volume": 419976.05,
        "trend": 457.937742,
        "fair_value": 601.766831,
        "relative_strength": -18.30938,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.091277,
        "energy": 13.558434,
        "activity_lines": [
          455.177912,
          470.511243,
          469.976352,
          463.023941
        ]
      },
      {
        "date": "2024-09-06",
        "close": 457.736938,
        "volume": 234843,
        "typical_volume": 418328.1,
        "trend": 456.814227,
        "fair_value": 600.780325,
        "relative_strength": -15.052603,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.833341,
        "energy": 18.773702,
        "activity_lines": [
          453.023816,
          466.519273,
          469.405467,
          463.010986
        ]
      },
      {
        "date": "2024-09-13",
        "close": 440.212097,
        "volume": 214973,
        "typical_volume": 418903.55,
        "trend": 455.255911,
        "fair_value": 599.688024,
        "relative_strength": -19.27475,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.779724,
        "energy": 23.061809,
        "activity_lines": [
          448.015295,
          460.063324,
          467.146109,
          461.939881
        ]
      },
      {
        "date": "2024-09-20",
        "close": 479.549988,
        "volume": 613361,
        "typical_volume": 440629.9,
        "trend": 455.320853,
        "fair_value": 598.876281,
        "relative_strength": -12.808776,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.847539,
        "energy": 11.50633,
        "activity_lines": [
          459.362166,
          461.692084,
          468.735635,
          463.50724
        ]
      },
      {
        "date": "2024-09-27",
        "close": 438.950012,
        "volume": 251251,
        "typical_volume": 444202.4,
        "trend": 454.40918,
        "fair_value": 597.80295,
        "relative_strength": -20.665005,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.391987,
        "energy": 12.248479,
        "activity_lines": [
          453.295247,
          456.274744,
          466.287531,
          462.451057
        ]
      },
      {
        "date": "2024-10-04",
        "close": 439.299988,
        "volume": 129912,
        "typical_volume": 441189.65,
        "trend": 453.978825,
        "fair_value": 596.746263,
        "relative_strength": -16.242583,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.718052,
        "energy": 14.381085,
        "activity_lines": [
          448.607406,
          451.554998,
          463.846526,
          461.476271
        ]
      },
      {
        "date": "2024-10-11",
        "close": 435.899994,
        "volume": 177380,
        "typical_volume": 438708.85,
        "trend": 455.210855,
        "fair_value": 595.681056,
        "relative_strength": -16.086502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.502093,
        "energy": 13.814958,
        "activity_lines": [
          443.524135,
          447.595994,
          461.068986,
          460.309894
        ]
      },
      {
        "date": "2024-10-18",
        "close": 412.649994,
        "volume": 313209,
        "typical_volume": 426758.95,
        "trend": 455.302784,
        "fair_value": 594.476905,
        "relative_strength": -19.577846,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.96285,
        "energy": 44.706715,
        "activity_lines": [
          432.146661,
          440.621441,
          456.014242,
          457.564032
        ]
      },
      {
        "date": "2024-10-25",
        "close": 406.649994,
        "volume": 181737,
        "typical_volume": 423413.8,
        "trend": 455.79381,
        "fair_value": 593.249278,
        "relative_strength": -17.96453,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -66.701797,
        "energy": 62.691372,
        "activity_lines": [
          420.606661,
          433.941497,
          450.386791,
          454.425143
        ]
      },
      {
        "date": "2024-11-01",
        "close": 407.649994,
        "volume": 152331,
        "typical_volume": 393290.25,
        "trend": 454.708407,
        "fair_value": 592.044088,
        "relative_strength": -17.5494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.753314,
        "energy": 66.534881,
        "activity_lines": [
          414.259994,
          427.710517,
          444.916958,
          451.31909
        ]
      },
      {
        "date": "2024-11-08",
        "close": 436.899994,
        "volume": 301218,
        "typical_volume": 349626.0,
        "trend": 454.337453,
        "fair_value": 591.043158,
        "relative_strength": -10.464762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.065331,
        "energy": 57.719813,
        "activity_lines": [
          419.749994,
          427.711106,
          442.653425,
          450.17016
        ]
      },
      {
        "date": "2024-11-15",
        "close": 399.200012,
        "volume": 161778,
        "typical_volume": 325713.6,
        "trend": 452.522305,
        "fair_value": 589.813394,
        "relative_strength": -15.434539,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.923734,
        "energy": 62.159686,
        "activity_lines": [
          412.833333,
          421.102036,
          437.089489,
          446.612906
        ]
      },
      {
        "date": "2024-11-22",
        "close": 387.600006,
        "volume": 270047,
        "typical_volume": 325414.95,
        "trend": 450.051643,
        "fair_value": 587.074258,
        "relative_strength": -18.540669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.859894,
        "energy": 63.936381,
        "activity_lines": [
          404.496669,
          413.448181,
          430.888726,
          442.424371
        ]
      },
      {
        "date": "2024-11-29",
        "close": 419.700012,
        "volume": 403567,
        "typical_volume": 329573.0,
        "trend": 449.253399,
        "fair_value": 585.538537,
        "relative_strength": -12.121749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.220984,
        "energy": 40.093876,
        "activity_lines": [
          408.530007,
          412.587275,
          428.239832,
          440.466201
        ]
      },
      {
        "date": "2024-12-06",
        "close": 450.600006,
        "volume": 273663,
        "typical_volume": 329252.3,
        "trend": 449.825361,
        "fair_value": 584.398123,
        "relative_strength": -7.405849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.93858,
        "energy": 24.487642,
        "activity_lines": [
          421.993341,
          418.43273,
          428.906719,
          440.553079
        ]
      },
      {
        "date": "2024-12-13",
        "close": 424.049988,
        "volume": 328954,
        "typical_volume": 323178.95,
        "trend": 449.406112,
        "fair_value": 583.190281,
        "relative_strength": -12.648433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.015482,
        "energy": 19.252658,
        "activity_lines": [
          423.743335,
          419.239092,
          427.155595,
          438.890151
        ]
      },
      {
        "date": "2024-12-20",
        "close": 399.649994,
        "volume": 179753,
        "typical_volume": 306569.55,
        "trend": 448.638203,
        "fair_value": 581.69869,
        "relative_strength": -12.827526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.380939,
        "energy": 22.423645,
        "activity_lines": [
          418.216665,
          415.886364,
          423.514427,
          435.680079
        ]
      },
      {
        "date": "2024-12-27",
        "close": 424.75,
        "volume": 958577,
        "typical_volume": 333902.45,
        "trend": 449.050488,
        "fair_value": 580.304487,
        "relative_strength": -7.653704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.612236,
        "energy": 17.370435,
        "activity_lines": [
          421.026664,
          417.756364,
          422.753711,
          434.138905
        ]
      },
      {
        "date": "2025-01-03",
        "close": 401.600006,
        "volume": 277645,
        "typical_volume": 317494.15,
        "trend": 448.445494,
        "fair_value": 578.740505,
        "relative_strength": -12.743438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.078665,
        "energy": 30.743184,
        "activity_lines": [
          413.643333,
          415.197274,
          420.093488,
          431.077584
        ]
      },
      {
        "date": "2025-01-10",
        "close": 405.049988,
        "volume": 753095,
        "typical_volume": 317921.4,
        "trend": 445.414728,
        "fair_value": 576.720559,
        "relative_strength": -9.304648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.885009,
        "energy": 33.610137,
        "activity_lines": [
          408.616663,
          413.357272,
          417.85585,
          428.277873
        ]
      },
      {
        "date": "2025-01-17",
        "close": 399.549988,
        "volume": 167081,
        "typical_volume": 317218.75,
        "trend": 442.139225,
        "fair_value": 574.861311,
        "relative_strength": -9.127181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.851682,
        "energy": 34.804495,
        "activity_lines": [
          404.793327,
          410.564542,
          415.346003,
          425.318858
        ]
      },
      {
        "date": "2025-01-24",
        "close": 385.149994,
        "volume": 161028,
        "typical_volume": 313528.0,
        "trend": 438.39534,
        "fair_value": 573.141136,
        "relative_strength": -11.340351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.00566,
        "energy": 49.925428,
        "activity_lines": [
          397.803327,
          405.832723,
          411.706722,
          421.642133
        ]
      },
      {
        "date": "2025-01-31",
        "close": 373.450012,
        "volume": 185201,
        "typical_volume": 312039.4,
        "trend": 434.460601,
        "fair_value": 571.177133,
        "relative_strength": -15.005552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.565502,
        "energy": 57.030548,
        "activity_lines": [
          387.879999,
          399.229089,
          407.298808,
          417.452112
        ]
      },
      {
        "date": "2025-02-07",
        "close": 367.100006,
        "volume": 179515,
        "typical_volume": 290347.1,
        "trend": 430.096795,
        "fair_value": 569.25636,
        "relative_strength": -16.030535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.064915,
        "energy": 63.687996,
        "activity_lines": [
          379.260002,
          391.728181,
          402.604047,
          413.106267
        ]
      },
      {
        "date": "2025-02-14",
        "close": 317.649994,
        "volume": 459192,
        "typical_volume": 300744.15,
        "trend": 424.891196,
        "fair_value": 567.108279,
        "relative_strength": -24.699983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.373212,
        "energy": 80.570716,
        "activity_lines": [
          356.456667,
          376.192726,
          393.735237,
          405.851635
        ]
      },
      {
        "date": "2025-02-21",
        "close": 304.100006,
        "volume": 315184,
        "typical_volume": 310007.75,
        "trend": 417.856504,
        "fair_value": 565.105676,
        "relative_strength": -26.866479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.264831,
        "energy": 86.619491,
        "activity_lines": [
          334.963336,
          360.610909,
          384.153571,
          398.058655
        ]
      },
      {
        "date": "2025-02-28",
        "close": 304.450012,
        "volume": 236576,
        "typical_volume": 312967.55,
        "trend": 411.253346,
        "fair_value": 563.073722,
        "relative_strength": -23.991058,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.440143,
        "energy": 87.653516,
        "activity_lines": [
          319.950006,
          347.273639,
          375.249049,
          390.742107
        ]
      },
      {
        "date": "2025-03-07",
        "close": 319.399994,
        "volume": 258330,
        "typical_volume": 310223.6,
        "trend": 405.604895,
        "fair_value": 560.813989,
        "relative_strength": -21.274409,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.973157,
        "energy": 83.305781,
        "activity_lines": [
          315.300002,
          338.385456,
          368.394286,
          384.816085
        ]
      },
      {
        "date": "2025-03-14",
        "close": 295.149994,
        "volume": 228311,
        "typical_volume": 312552.3,
        "trend": 401.398461,
        "fair_value": 558.332105,
        "relative_strength": -26.358506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.73238,
        "energy": 85.849122,
        "activity_lines": [
          306.169999,
          327.003637,
          359.674047,
          377.689962
        ]
      },
      {
        "date": "2025-03-21",
        "close": 331.350006,
        "volume": 413134,
        "typical_volume": 325592.45,
        "trend": 397.180585,
        "fair_value": 556.121848,
        "relative_strength": -20.328015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.312056,
        "energy": 55.713426,
        "activity_lines": [
          313.903335,
          324.139092,
          354.932381,
          373.170707
        ]
      },
      {
        "date": "2025-03-28",
        "close": 301.850006,
        "volume": 791028,
        "typical_volume": 350082.95,
        "trend": 392.229967,
        "fair_value": 553.557489,
        "relative_strength": -27.573484,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.051957,
        "energy": 53.954374,
        "activity_lines": [
          310.890002,
          317.250912,
          347.744525,
          367.020347
        ]
      },
      {
        "date": "2025-04-04",
        "close": 357.100006,
        "volume": 955287,
        "typical_volume": 389758.4,
        "trend": 388.875403,
        "fair_value": 551.153897,
        "relative_strength": -11.63644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.813916,
        "energy": 33.931872,
        "activity_lines": [
          326.443337,
          322.184549,
          346.461668,
          364.753898
        ]
      },
      {
        "date": "2025-04-11",
        "close": 352.200012,
        "volume": 104660,
        "typical_volume": 381489.05,
        "trend": 385.941667,
        "fair_value": 548.501876,
        "relative_strength": -12.131353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.878309,
        "energy": 20.837006,
        "activity_lines": [
          336.853341,
          326.737277,
          344.912621,
          362.387743
        ]
      },
      {
        "date": "2025-04-18",
        "close": 395.299988,
        "volume": 393528,
        "typical_volume": 380987.1,
        "trend": 383.133333,
        "fair_value": 546.416239,
        "relative_strength": -5.202828,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.601728,
        "energy": 15.738234,
        "activity_lines": [
          359.443335,
          339.512729,
          347.636906,
          362.991506
        ]
      },
      {
        "date": "2025-04-25",
        "close": 370.399994,
        "volume": 281424,
        "typical_volume": 381375.15,
        "trend": 380.848333,
        "fair_value": 544.35258,
        "relative_strength": -11.362024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.213951,
        "energy": 22.114007,
        "activity_lines": [
          367.056665,
          347.248182,
          348.105953,
          362.17
        ]
      },
      {
        "date": "2025-05-02",
        "close": 363.799988,
        "volume": 92647,
        "typical_volume": 369559.8,
        "trend": 378.331666,
        "fair_value": 542.391185,
        "relative_strength": -13.581895,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.62432,
        "energy": 18.49233,
        "activity_lines": [
          369.866661,
          352.824543,
          348.328333,
          361.070107
        ]
      },
      {
        "date": "2025-05-09",
        "close": 370.600006,
        "volume": 240836,
        "typical_volume": 372613.95,
        "trend": 376.155,
        "fair_value": 540.82763,
        "relative_strength": -10.304058,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.661729,
        "energy": 16.805653,
        "activity_lines": [
          370.81333,
          358.551817,
          349.485238,
          360.57129
        ]
      },
      {
        "date": "2025-05-16",
        "close": 392.100006,
        "volume": 302600,
        "typical_volume": 339815.1,
        "trend": 375.47,
        "fair_value": 539.193813,
        "relative_strength": -8.553615,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.676465,
        "energy": 23.668865,
        "activity_lines": [
          378.026666,
          366.985455,
          352.828096,
          361.6
        ]
      },
      {
        "date": "2025-05-23",
        "close": 407.700012,
        "volume": 277617,
        "typical_volume": 339813.7,
        "trend": 375.505001,
        "fair_value": 537.402448,
        "relative_strength": -4.061626,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 28.651446,
        "energy": 36.155856,
        "activity_lines": [
          387.780005,
          376.933639,
          357.812145,
          363.679356
        ]
      },
      {
        "date": "2025-05-30",
        "close": 376.549988,
        "volume": 1402250,
        "typical_volume": 372271.45,
        "trend": 374.468334,
        "fair_value": 535.346297,
        "relative_strength": -10.714721,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 15.290358,
        "energy": 22.009039,
        "activity_lines": [
          386.323334,
          379.171818,
          359.800477,
          363.746775
        ]
      },
      {
        "date": "2025-06-06",
        "close": 369.649994,
        "volume": 314516,
        "typical_volume": 379643.2,
        "trend": 372.226667,
        "fair_value": 533.111556,
        "relative_strength": -12.917155,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 12.613989,
        "energy": 15.528259,
        "activity_lines": [
          382.156665,
          379.333635,
          361.267381,
          363.435914
        ]
      },
      {
        "date": "2025-06-13",
        "close": 390.25,
        "volume": 403964,
        "typical_volume": 391790.0,
        "trend": 371.928334,
        "fair_value": 531.258437,
        "relative_strength": -6.439376,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.969922,
        "energy": 17.951093,
        "activity_lines": [
          384.466665,
          382.00818,
          364.838571,
          364.59871
        ]
      },
      {
        "date": "2025-06-20",
        "close": 371.75,
        "volume": 159775,
        "typical_volume": 390518.7,
        "trend": 371.4,
        "fair_value": 529.185879,
        "relative_strength": -11.629833,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 9.654818,
        "energy": 7.208095,
        "activity_lines": [
          379.299998,
          380.716362,
          366.623571,
          364.587204
        ]
      },
      {
        "date": "2025-06-27",
        "close": 385.0,
        "volume": 173065,
        "typical_volume": 390196.2,
        "trend": 370.243333,
        "fair_value": 527.185172,
        "relative_strength": -9.76502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.471429,
        "energy": 8.368481,
        "activity_lines": [
          379.906665,
          381.478181,
          369.678571,
          365.464624
        ]
      },
      {
        "date": "2025-07-04",
        "close": 390.100006,
        "volume": 282044,
        "typical_volume": 381338.8,
        "trend": 368.226666,
        "fair_value": 524.274086,
        "relative_strength": -7.412189,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.43876,
        "energy": 16.153438,
        "activity_lines": [
          383.726668,
          383.354546,
          373.134048,
          366.745699
        ]
      },
      {
        "date": "2025-07-11",
        "close": 381.450012,
        "volume": 106878,
        "typical_volume": 370923.5,
        "trend": 366.806667,
        "fair_value": 521.463613,
        "relative_strength": -7.792392,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.809386,
        "energy": 23.750635,
        "activity_lines": [
          383.760006,
          383.300003,
          375.420716,
          367.598818
        ]
      },
      {
        "date": "2025-07-18",
        "close": 384.299988,
        "volume": 296666,
        "typical_volume": 373928.0,
        "trend": 366.295,
        "fair_value": 518.616516,
        "relative_strength": -5.997157,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.159531,
        "energy": 30.123948,
        "activity_lines": [
          383.956667,
          383.442727,
          377.610476,
          368.72742
        ]
      },
      {
        "date": "2025-07-25",
        "close": 374.25,
        "volume": 174102,
        "typical_volume": 369716.6,
        "trend": 364.611667,
        "fair_value": 515.789569,
        "relative_strength": -7.35369,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.505366,
        "energy": 19.985983,
        "activity_lines": [
          381.2,
          381.509091,
          378.462857,
          369.240645
        ]
      },
      {
        "date": "2025-08-01",
        "close": 372.899994,
        "volume": 114394,
        "typical_volume": 364020.75,
        "trend": 363.655,
        "fair_value": 512.720675,
        "relative_strength": -6.095095,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.283388,
        "energy": 14.447802,
        "activity_lines": [
          377.826664,
          379.654544,
          378.925476,
          369.775376
        ]
      },
      {
        "date": "2025-08-08",
        "close": 356.600006,
        "volume": 97777,
        "typical_volume": 348252.9,
        "trend": 362.04,
        "fair_value": 510.073881,
        "relative_strength": -8.866937,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.565594,
        "energy": 9.113448,
        "activity_lines": [
          369.826666,
          375.469091,
          377.465476,
          369.320215
        ]
      },
      {
        "date": "2025-08-15",
        "close": 343.950012,
        "volume": 842755,
        "typical_volume": 350839.25,
        "trend": 360.186668,
        "fair_value": 507.495037,
        "relative_strength": -12.721251,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.039376,
        "energy": 19.794572,
        "activity_lines": [
          359.843337,
          369.346366,
          374.680477,
          368.153119
        ]
      },
      {
        "date": "2025-08-22",
        "close": 327.5,
        "volume": 204838,
        "typical_volume": 313316.8,
        "trend": 358.265001,
        "fair_value": 504.65564,
        "relative_strength": -17.168024,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.28573,
        "energy": 43.897759,
        "activity_lines": [
          346.87667,
          360.700002,
          370.128334,
          366.044302
        ]
      },
      {
        "date": "2025-08-29",
        "close": 311.799988,
        "volume": 528089,
        "typical_volume": 334488.25,
        "trend": 356.210001,
        "fair_value": 501.751985,
        "relative_strength": -19.211273,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.162723,
        "energy": 63.837344,
        "activity_lines": [
          332.463332,
          350.34,
          364.221905,
          363.046559
        ]
      },
      {
        "date": "2025-09-05",
        "close": 319.399994,
        "volume": 226389,
        "typical_volume": 326131.3,
        "trend": 354.62,
        "fair_value": 498.337907,
        "relative_strength": -17.741376,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.782974,
        "energy": 67.841395,
        "activity_lines": [
          324.746663,
          342.451817,
          359.231666,
          360.67172
        ]
      },
      {
        "date": "2025-09-12",
        "close": 312.950012,
        "volume": 147802,
        "typical_volume": 319450.2,
        "trend": 354.463334,
        "fair_value": 494.783868,
        "relative_strength": -20.119976,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.626776,
        "energy": 71.69263,
        "activity_lines": [
          318.446667,
          334.583637,
          353.988572,
          357.983334
        ]
      },
      {
        "date": "2025-09-19",
        "close": 309.149994,
        "volume": 180946,
        "typical_volume": 323865.15,
        "trend": 354.631667,
        "fair_value": 491.618761,
        "relative_strength": -21.132706,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.370876,
        "energy": 72.823774,
        "activity_lines": [
          313.789998,
          327.427272,
          348.657143,
          355.059892
        ]
      },
      {
        "date": "2025-09-26",
        "close": 307.25,
        "volume": 172623,
        "typical_volume": 320454.5,
        "trend": 354.725,
        "fair_value": 488.382753,
        "relative_strength": -19.04682,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.883808,
        "energy": 79.344919,
        "activity_lines": [
          310.819999,
          321.24,
          343.405,
          352.003011
        ]
      },
      {
        "date": "2025-10-03",
        "close": 304.200012,
        "volume": 104127,
        "typical_volume": 310530.85,
        "trend": 354.218334,
        "fair_value": 485.267297,
        "relative_strength": -20.088397,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.488279,
        "energy": 78.173019,
        "activity_lines": [
          308.183337,
          315.899093,
          338.164049,
          348.743334
        ]
      },
      {
        "date": "2025-10-10",
        "close": 298.5,
        "volume": 195194,
        "typical_volume": 306409.7,
        "trend": 354.330001,
        "fair_value": 482.059453,
        "relative_strength": -22.245582,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.156255,
        "energy": 74.387728,
        "activity_lines": [
          304.153337,
          310.795456,
          332.798811,
          345.148603
        ]
      },
      {
        "date": "2025-10-17",
        "close": 290.850006,
        "volume": 99984,
        "typical_volume": 241296.4,
        "trend": 352.980001,
        "fair_value": 478.809273,
        "relative_strength": -24.986562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.369254,
        "energy": 75.491042,
        "activity_lines": [
          298.966671,
          305.653639,
          327.225002,
          341.053119
        ]
      },
      {
        "date": "2025-10-24",
        "close": 290.25,
        "volume": 146624,
        "typical_volume": 232901.8,
        "trend": 352.593334,
        "fair_value": 475.668542,
        "relative_strength": -24.855616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.223465,
        "energy": 76.902443,
        "activity_lines": [
          295.053337,
          301.598184,
          322.002144,
          337.006023
        ]
      },
      {
        "date": "2025-10-31",
        "close": 289.049988,
        "volume": 441834,
        "typical_volume": 234795.3,
        "trend": 350.325,
        "fair_value": 472.56448,
        "relative_strength": -24.416452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.347446,
        "energy": 77.020491,
        "activity_lines": [
          291.999998,
          298.300909,
          317.043095,
          332.906452
        ]
      },
      {
        "date": "2025-11-07",
        "close": 269.950012,
        "volume": 180756,
        "typical_volume": 235844.35,
        "trend": 347.583333,
        "fair_value": 469.832017,
        "relative_strength": -28.076566,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.628165,
        "energy": 86.968024,
        "activity_lines": [
          283.793335,
          292.230002,
          310.746906,
          327.720969
        ]
      },
      {
        "date": "2025-11-14",
        "close": 239.699997,
        "volume": 610152,
        "typical_volume": 257698.7,
        "trend": 342.396667,
        "fair_value": 466.939154,
        "relative_strength": -36.526429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.8184,
        "energy": 97.101809,
        "activity_lines": [
          267.786667,
          281.420001,
          302.054525,
          320.760753
        ]
      },
      {
        "date": "2025-11-21",
        "close": 218.300003,
        "volume": 741365,
        "typical_volume": 280664.75,
        "trend": 337.326667,
        "fair_value": 463.918367,
        "relative_strength": -41.943385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -96.541245,
        "energy": 98.327596,
        "activity_lines": [
          248.566668,
          268.168183,
          292.015953,
          312.754517
        ]
      },
      {
        "date": "2025-11-28",
        "close": 225.449997,
        "volume": 23449889,
        "typical_volume": 1447815.3,
        "trend": 332.715001,
        "fair_value": 460.688098,
        "relative_strength": -39.643095,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.040909,
        "energy": 93.642344,
        "activity_lines": [
          236.566667,
          257.937273,
          283.476429,
          305.536667
        ]
      },
      {
        "date": "2025-12-05",
        "close": 221.830002,
        "volume": 1525448,
        "typical_volume": 1509254.4,
        "trend": 327.756001,
        "fair_value": 457.42473,
        "relative_strength": -39.779627,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.023071,
        "energy": 91.470146,
        "activity_lines": [
          227.680001,
          248.570001,
          275.335001,
          298.382796
        ]
      },
      {
        "date": "2025-12-12",
        "close": 228.559998,
        "volume": 895702,
        "typical_volume": 1545334.4,
        "trend": 322.304667,
        "fair_value": 454.229077,
        "relative_strength": -36.900395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.335123,
        "energy": 75.351148,
        "activity_lines": [
          225.517999,
          241.979455,
          268.608191,
          291.983054
        ]
      },
      {
        "date": "2025-12-19",
        "close": 230.300003,
        "volume": 724236,
        "typical_volume": 1575826.5,
        "trend": 316.391334,
        "fair_value": 451.38702,
        "relative_strength": -35.502654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.454976,
        "energy": 66.634,
        "activity_lines": [
          226.695334,
          237.080546,
          262.740858,
          286.04727
        ]
      },
      {
        "date": "2025-12-26",
        "close": 230.779999,
        "volume": 373110,
        "typical_volume": 1589593.15,
        "trend": 311.532334,
        "fair_value": 448.433786,
        "relative_strength": -34.737476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.227924,
        "energy": 64.131496,
        "activity_lines": [
          228.659333,
          233.508909,
          257.598286,
          280.523958
        ]
      },
      {
        "date": "2026-01-02",
        "close": 235.25,
        "volume": 401612,
        "typical_volume": 1567536.0,
        "trend": 307.052334,
        "fair_value": 445.572078,
        "relative_strength": -33.462147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.911568,
        "energy": 59.216732,
        "activity_lines": [
          231.281334,
          231.842182,
          253.480572,
          275.602517
        ]
      },
      {
        "date": "2026-01-09",
        "close": 219.490005,
        "volume": 319602,
        "typical_volume": 1573274.2,
        "trend": 301.360334,
        "fair_value": 442.658811,
        "relative_strength": -35.553342,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.229969,
        "energy": 59.999748,
        "activity_lines": [
          227.996668,
          228.310001,
          248.379525,
          269.953334
        ]
      },
      {
        "date": "2026-01-16",
        "close": 212.619995,
        "volume": 229312,
        "typical_volume": 1558335.35,
        "trend": 296.056001,
        "fair_value": 439.582784,
        "relative_strength": -36.777256,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.878713,
        "energy": 60.908255,
        "activity_lines": [
          222.578,
          224.793455,
          243.138524,
          264.228151
        ]
      },
      {
        "date": "2026-01-23",
        "close": 199.139999,
        "volume": 617896,
        "typical_volume": 1577910.7,
        "trend": 289.860667,
        "fair_value": 436.499176,
        "relative_strength": -38.470015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.203614,
        "energy": 65.699191,
        "activity_lines": [
          213.728666,
          219.868363,
          237.086,
          257.975506
        ]
      },
      {
        "date": "2026-01-30",
        "close": 194.100006,
        "volume": 442357,
        "typical_volume": 1592638.45,
        "trend": 283.327334,
        "fair_value": 433.275389,
        "relative_strength": -39.936657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.379059,
        "energy": 68.326932,
        "activity_lines": [
          205.276668,
          214.764365,
          231.126144,
          251.797399
        ]
      },
      {
        "date": "2026-02-06",
        "close": 219.059998,
        "volume": 2097484,
        "typical_volume": 1688465.35,
        "trend": 277.914334,
        "fair_value": 430.16373,
        "relative_strength": -32.479261,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.37751,
        "energy": 57.191339,
        "activity_lines": [
          207.59,
          214.638546,
          228.109381,
          247.651119
        ]
      },
      {
        "date": "2026-02-13",
        "close": 200.460007,
        "volume": 664551,
        "typical_volume": 1713061.75,
        "trend": 271.786334,
        "fair_value": 427.472194,
        "relative_strength": -37.099151,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.414006,
        "energy": 59.008577,
        "activity_lines": [
          204.782669,
          211.247093,
          223.750192,
          242.654066
        ]
      },
      {
        "date": "2026-02-20",
        "close": 195.5,
        "volume": 447186,
        "typical_volume": 1730214.7,
        "trend": 265.828001,
        "fair_value": 424.843011,
        "relative_strength": -38.356209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.148957,
        "energy": 58.569604,
        "activity_lines": [
          201.590669,
          207.342365,
          219.427144,
          237.732367
        ]
      },
      {
        "date": "2026-02-27",
        "close": 190.800003,
        "volume": 1003198,
        "typical_volume": 1770614.9,
        "trend": 259.758001,
        "fair_value": 422.203167,
        "relative_strength": -38.30868,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.636297,
        "energy": 60.735922,
        "activity_lines": [
          197.973336,
          203.184184,
          215.174096,
          232.891851
        ]
      },
      {
        "date": "2026-03-06",
        "close": 189.559998,
        "volume": 596200,
        "typical_volume": 1795425.7,
        "trend": 254.190001,
        "fair_value": 419.662927,
        "relative_strength": -36.244436,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.700947,
        "energy": 65.802733,
        "activity_lines": [
          194.498668,
          199.518728,
          211.31581,
          228.362947
        ]
      },
      {
        "date": "2026-03-13",
        "close": 192.779999,
        "volume": 578470,
        "typical_volume": 1817018.0,
        "trend": 249.151001,
        "fair_value": 417.247049,
        "relative_strength": -30.993002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.405249,
        "energy": 58.873172,
        "activity_lines": [
          192.4,
          197.188183,
          208.246525,
          224.401012
        ]
      },
      {
        "date": "2026-03-20",
        "close": 184.470001,
        "volume": 602264,
        "typical_volume": 1825039.5,
        "trend": 244.383334,
        "fair_value": 414.940346,
        "relative_strength": -33.202029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.695078,
        "energy": 58.609799,
        "activity_lines": [
          189.283333,
          194.11891,
          204.849953,
          220.228044
        ]
      },
      {
        "date": "2026-03-27",
        "close": 176.630005,
        "volume": 702990,
        "typical_volume": 1851151.2,
        "trend": 239.877668,
        "fair_value": 412.675938,
        "relative_strength": -34.678828,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.474759,
        "energy": 59.769774,
        "activity_lines": [
          184.619335,
          190.260911,
          201.204715,
          215.856861
        ]
      },
      {
        "date": "2026-04-03",
        "close": 181.630005,
        "volume": 580840,
        "typical_volume": 1849685.6,
        "trend": 235.285335,
        "fair_value": 410.237096,
        "relative_strength": -31.672668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.862342,
        "energy": 53.690884,
        "activity_lines": [
          182.880003,
          187.966366,
          198.480049,
          212.098948
        ]
      },
      {
        "date": "2026-04-10",
        "close": 196.580002,
        "volume": 276289,
        "typical_volume": 1826431.8,
        "trend": 231.406334,
        "fair_value": 407.858343,
        "relative_strength": -29.318673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.090893,
        "energy": 45.203899,
        "activity_lines": [
          186.735336,
          188.708366,
          197.455716,
          209.601829
        ]
      },
      {
        "date": "2026-04-17",
        "close": 214.130005,
        "volume": 277265,
        "typical_volume": 667800.6,
        "trend": 228.239002,
        "fair_value": 405.840065,
        "relative_strength": -22.969521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.673188,
        "energy": 23.258921,
        "activity_lines": [
          195.972671,
          192.596185,
          198.20624,
          208.487227
        ]
      },
      {
        "date": "2026-04-24",
        "close": 206.970001,
        "volume": 271236,
        "typical_volume": 605090.0,
        "trend": 224.896335,
        "fair_value": 403.557914,
        "relative_strength": -23.253338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.681729,
        "energy": 20.054334,
        "activity_lines": [
          201.400003,
          195.271821,
          198.328764,
          207.115034
        ]
      },
      {
        "date": "2026-05-01",
        "close": 219.919998,
        "volume": 419647,
        "typical_volume": 581287.25,
        "trend": 222.087001,
        "fair_value": 401.417498,
        "relative_strength": -17.982182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 0.794965,
        "energy": 16.514212,
        "activity_lines": [
          209.644001,
          200.183638,
          199.755383,
          206.79398
        ]
      },
      {
        "date": "2026-05-08",
        "close": 227.75,
        "volume": 1040355,
        "typical_volume": 597093.2,
        "trend": 219.728668,
        "fair_value": 399.348019,
        "relative_strength": -14.807394,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 11.969566,
        "energy": 28.686825,
        "activity_lines": [
          217.612,
          206.075092,
          201.968859,
          207.159335
        ]
      },
      {
        "date": "2026-05-15",
        "close": 206.949997,
        "volume": 303952,
        "typical_volume": 593635.3,
        "trend": 216.932001,
        "fair_value": 397.230099,
        "relative_strength": -19.879882,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.985735,
        "energy": 20.139233,
        "activity_lines": [
          215.571999,
          207.51291,
          202.213525,
          206.334904
        ]
      },
      {
        "date": "2026-05-22",
        "close": 218.710007,
        "volume": 378972,
        "typical_volume": 592503.3,
        "trend": 214.547334,
        "fair_value": 394.942142,
        "relative_strength": -14.516664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 21.440082,
        "energy": 30.776874,
        "activity_lines": [
          216.760668,
          210.772729,
          203.691668,
          206.449614
        ]
      },
      {
        "date": "2026-05-29",
        "close": 209.460007,
        "volume": 2680503,
        "typical_volume": 710548.35,
        "trend": 211.894335,
        "fair_value": 392.616591,
        "relative_strength": -16.596075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 13.530796,
        "energy": 15.841875,
        "activity_lines": [
          214.56067,
          211.879275,
          204.367621,
          206.1214
        ]
      },
      {
        "date": "2026-06-05",
        "close": 210.729996,
        "volume": 27708,
        "typical_volume": 700468.15,
        "trend": 209.920334,
        "fair_value": 390.46418,
        "relative_strength": -14.551862,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.568767,
        "energy": 5.238113,
        "activity_lines": [
          212.618002,
          212.762365,
          205.212287,
          206.046281
        ]
      },
      {
        "date": "2026-06-12",
        "close": 205.350006,
        "volume": 62638,
        "typical_volume": 672705.25,
        "trend": 208.775335,
        "fair_value": 388.131113,
        "relative_strength": -16.557739,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -3.150809,
        "energy": 4.482202,
        "activity_lines": [
          209.49467,
          212.047275,
          205.553573,
          205.751421
        ]
      },
      {
        "date": "2026-06-19",
        "close": 262.619995,
        "volume": 288751,
        "typical_volume": 665024.95,
        "trend": 210.252668,
        "fair_value": 386.044844,
        "relative_strength": 5.734156,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 49.608531,
        "energy": 37.362179,
        "activity_lines": [
          226.954667,
          221.313637,
          211.319573,
          209.22527
        ]
      },
      {
        "date": "2026-06-26",
        "close": 259.029999,
        "volume": 0,
        "typical_volume": 560150.75,
        "trend": 211.372001,
        "fair_value": 383.861201,
        "relative_strength": 4.931759,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 76.455072,
        "energy": 72.807963,
        "activity_lines": [
          239.506666,
          228.726546,
          216.417382,
          212.372195
        ]
      },
      {
        "date": "2026-07-03",
        "close": 266.600006,
        "volume": 107138,
        "typical_volume": 532280.1,
        "trend": 212.864335,
        "fair_value": 381.772042,
        "relative_strength": 7.919467,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.548834,
        "energy": 82.527383,
        "activity_lines": [
          251.894001,
          236.699456,
          222.045811,
          215.935292
        ]
      },
      {
        "date": "2026-07-10",
        "close": 303.299988,
        "volume": 11112715,
        "typical_volume": 1065556.55,
        "trend": 215.355668,
        "fair_value": 379.74197,
        "relative_strength": 23.716471,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.110344,
        "energy": 93.410466,
        "activity_lines": [
          272.70533,
          250.260908,
          230.854524,
          221.76985
        ]
      },
      {
        "date": "2026-07-17",
        "close": 287.450012,
        "volume": 1041264,
        "typical_volume": 1067459.85,
        "trend": 217.260668,
        "fair_value": 377.787422,
        "relative_strength": 17.435455,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.335356,
        "energy": 88.221652,
        "activity_lines": [
          282.062002,
          259.424547,
          237.640382,
          226.421098
        ]
      },
      {
        "date": "2026-07-24",
        "close": 312.75,
        "volume": 7779556,
        "typical_volume": 1426627.65,
        "trend": 219.993001,
        "fair_value": 375.966329,
        "relative_strength": 31.298232,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.709034,
        "energy": 92.148497,
        "activity_lines": [
          294.378668,
          272.102728,
          246.375525,
          232.5817
        ]
      },
      {
        "date": "2026-07-31",
        "close": 314.600006,
        "volume": 533549,
        "typical_volume": 1424381.6,
        "trend": 222.638002,
        "fair_value": 374.130288,
        "relative_strength": 29.302642,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.6922,
        "energy": 88.290569,
        "activity_lines": [
          303.970003,
          283.193638,
          254.70024,
          238.685378
        ]
      },
      {
        "date": "2026-08-07",
        "close": 312.299988,
        "volume": 624576,
        "typical_volume": 1425497.2,
        "trend": 225.731668,
        "fair_value": 372.385459,
        "relative_strength": 27.854872,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.96585,
        "energy": 72.024976,
        "activity_lines": [
          309.089998,
          292.122908,
          262.22581,
          244.470022
        ]
      }
    ],
    "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."
    }
  }
}