{
  "ticker": {
    "uuid": "36bcc6eb-0202-43b0-a23e-2c8c53c6137e",
    "symbol": "MANAKSTEEL",
    "name": "Manaksia Steels 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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 80.431,
    "architecture_energy": 48.784,
    "architecture_maturity": 40.151,
    "architecture_confidence": 92.195,
    "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": 18.12,
        "rotation_up": 56.24,
        "upward_expansion": 79.06,
        "deceleration": 58.19,
        "rotation_down": 22.6,
        "downward_expansion": 5.73
      },
      "activity_lines": [
        75.850666,
        74.828,
        71.730001,
        68.512818
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 84.43,
    "trend_reference": 64.998333,
    "distance_from_trend": 0.298956,
    "trend_direction": "Improving",
    "fair_value": 59.774423,
    "distance_from_fair_value": 0.412477,
    "fair_value_direction": "Improving",
    "relative_strength": 33.925542,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.357614,
    "excess_performance": 0.401323,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.298956,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.051991,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.412477,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.255815,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.339255,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.219048,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.357614,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.811159,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 967896,
      "relative_activity": 2.804979,
      "balance": 2.811159,
      "dry_up": 1.064973,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.082736,
      "annualized_volatility": 0.566035,
      "from_high_reference": -0.060845,
      "from_low_reference": 0.871647
    },
    "levels": {
      "trend_reference": 64.998333,
      "fair_value_reference": 59.774423,
      "structural_low": 45.110001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.039827,
        "positive_rate": 0.421053,
        "directional_follow_through": 0.421053,
        "median_excess_return": -0.026326,
        "regime_survival": 0.526316,
        "best_return": 0.258419,
        "worst_return": -0.35253,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.111475,
        "positive_rate": 0.222222,
        "directional_follow_through": 0.222222,
        "median_excess_return": -0.095434,
        "regime_survival": 0.111111,
        "best_return": 0.017798,
        "worst_return": -0.275131,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": -0.010757,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.035691,
        "regime_survival": 0.5,
        "best_return": 0.856347,
        "worst_return": -0.284223,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.187627,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.196374,
        "regime_survival": 0.5,
        "best_return": 0.811956,
        "worst_return": -0.318536,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-31",
        "end": "2025-02-21",
        "tenure": "New",
        "return": -0.081288,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-28",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": 0.034399,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-04-25",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": -0.171304,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.058862,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": -0.039827,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-22",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": -0.024612,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-07",
        "end": "2025-11-14",
        "tenure": "New",
        "return": 0.085597,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.176648,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-01-23",
        "tenure": "New",
        "return": -0.147007,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.104092,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.17937,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-17",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": -0.054951,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-12",
        "end": "2026-06-19",
        "tenure": "New",
        "return": 0.094482,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.142954,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 44.400002,
        "volume": 610493,
        "typical_volume": 677339.15,
        "trend": 41.041667,
        "fair_value": 33.233333,
        "relative_strength": 5.399077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.021334,
        "energy": 26.451375,
        "activity_lines": [
          44.156668,
          44.310001,
          42.336905,
          41.314409
        ]
      },
      {
        "date": "2023-08-25",
        "close": 45.950001,
        "volume": 776538,
        "typical_volume": 711868.3,
        "trend": 41.063334,
        "fair_value": 33.465705,
        "relative_strength": 9.234828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.089723,
        "energy": 33.545,
        "activity_lines": [
          44.730001,
          44.695456,
          42.837858,
          41.631076
        ]
      },
      {
        "date": "2023-09-01",
        "close": 49.549999,
        "volume": 2422925,
        "typical_volume": 826387.1,
        "trend": 41.135,
        "fair_value": 33.721795,
        "relative_strength": 16.483899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.994959,
        "energy": 48.855309,
        "activity_lines": [
          46.470001,
          45.616364,
          43.639286,
          42.178602
        ]
      },
      {
        "date": "2023-09-08",
        "close": 51.299999,
        "volume": 2023723,
        "typical_volume": 916554.1,
        "trend": 41.311667,
        "fair_value": 33.991346,
        "relative_strength": 17.876528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.012196,
        "energy": 69.335573,
        "activity_lines": [
          48.416667,
          46.708182,
          44.547381,
          42.834409
        ]
      },
      {
        "date": "2023-09-15",
        "close": 48.5,
        "volume": 1454315,
        "typical_volume": 963753.05,
        "trend": 41.415,
        "fair_value": 34.224679,
        "relative_strength": 9.177034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.83205,
        "energy": 60.556377,
        "activity_lines": [
          48.843333,
          47.156364,
          45.116191,
          43.298172
        ]
      },
      {
        "date": "2023-09-22",
        "close": 47.150002,
        "volume": 377075,
        "typical_volume": 976012.5,
        "trend": 41.561667,
        "fair_value": 34.460256,
        "relative_strength": 8.715082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.67683,
        "energy": 55.669883,
        "activity_lines": [
          48.58,
          47.332728,
          45.512381,
          43.668172
        ]
      },
      {
        "date": "2023-09-29",
        "close": 46.400002,
        "volume": 598253,
        "typical_volume": 947260.85,
        "trend": 41.726667,
        "fair_value": 34.692949,
        "relative_strength": 6.906697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.922154,
        "energy": 36.737688,
        "activity_lines": [
          47.883334,
          47.340001,
          45.795001,
          43.980323
        ]
      },
      {
        "date": "2023-10-06",
        "close": 46.599998,
        "volume": 385636,
        "typical_volume": 940170.75,
        "trend": 41.938333,
        "fair_value": 34.93109,
        "relative_strength": 7.152292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.153184,
        "energy": 23.701788,
        "activity_lines": [
          47.223334,
          47.366364,
          46.059524,
          44.294732
        ]
      },
      {
        "date": "2023-10-13",
        "close": 46.150002,
        "volume": 679596,
        "typical_volume": 959443.95,
        "trend": 42.241667,
        "fair_value": 35.167949,
        "relative_strength": 5.473133,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.180541,
        "energy": 17.504387,
        "activity_lines": [
          46.610001,
          47.261819,
          46.235715,
          44.566452
        ]
      },
      {
        "date": "2023-10-20",
        "close": 45.849998,
        "volume": 414676,
        "typical_volume": 965430.4,
        "trend": 42.558334,
        "fair_value": 35.397115,
        "relative_strength": 5.722876,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.665564,
        "energy": 16.328846,
        "activity_lines": [
          46.24,
          47.036364,
          46.339286,
          44.799248
        ]
      },
      {
        "date": "2023-10-27",
        "close": 42.299999,
        "volume": 457239,
        "typical_volume": 927011.7,
        "trend": 42.785,
        "fair_value": 35.605769,
        "relative_strength": -0.081834,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.529319,
        "energy": 11.58549,
        "activity_lines": [
          44.863333,
          46.148182,
          46.060476,
          44.782581
        ]
      },
      {
        "date": "2023-11-03",
        "close": 43.799999,
        "volume": 343904,
        "typical_volume": 917411.4,
        "trend": 43.01,
        "fair_value": 35.82532,
        "relative_strength": 2.325204,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.885949,
        "energy": 12.394898,
        "activity_lines": [
          44.309999,
          45.570909,
          45.907857,
          44.848065
        ]
      },
      {
        "date": "2023-11-10",
        "close": 44.549999,
        "volume": 354485,
        "typical_volume": 877184.15,
        "trend": 43.263333,
        "fair_value": 36.039102,
        "relative_strength": 2.799983,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.683868,
        "energy": 14.15862,
        "activity_lines": [
          44.179999,
          45.16909,
          45.805714,
          44.947419
        ]
      },
      {
        "date": "2023-11-17",
        "close": 44.349998,
        "volume": 304144,
        "typical_volume": 828996.25,
        "trend": 43.54,
        "fair_value": 36.236538,
        "relative_strength": 0.505411,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.543062,
        "energy": 14.396439,
        "activity_lines": [
          44.119999,
          44.821817,
          45.669762,
          45.017527
        ]
      },
      {
        "date": "2023-11-24",
        "close": 46.450001,
        "volume": 987667,
        "typical_volume": 818323.6,
        "trend": 43.78,
        "fair_value": 36.448077,
        "relative_strength": 4.549106,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.560802,
        "energy": 9.750336,
        "activity_lines": [
          44.879999,
          44.982727,
          45.731667,
          45.205269
        ]
      },
      {
        "date": "2023-12-01",
        "close": 45.349998,
        "volume": 607870,
        "typical_volume": 820903.3,
        "trend": 44.015,
        "fair_value": 36.644231,
        "relative_strength": -0.582497,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.463361,
        "energy": 11.135382,
        "activity_lines": [
          45.233332,
          44.980908,
          45.691666,
          45.306559
        ]
      },
      {
        "date": "2023-12-08",
        "close": 44.25,
        "volume": 722630,
        "typical_volume": 808401.45,
        "trend": 44.203333,
        "fair_value": 36.808013,
        "relative_strength": -6.389704,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.53472,
        "energy": 9.906484,
        "activity_lines": [
          45.016666,
          44.811817,
          45.546904,
          45.32172
        ]
      },
      {
        "date": "2023-12-15",
        "close": 46.5,
        "volume": 955390,
        "typical_volume": 837668.85,
        "trend": 44.518333,
        "fair_value": 36.975641,
        "relative_strength": -4.042571,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.879974,
        "energy": 17.696198,
        "activity_lines": [
          45.52,
          45.090908,
          45.622142,
          45.469892
        ]
      },
      {
        "date": "2023-12-22",
        "close": 44.799999,
        "volume": 577366,
        "typical_volume": 838370.65,
        "trend": 44.781667,
        "fair_value": 37.133013,
        "relative_strength": -7.233373,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.432687,
        "energy": 10.809536,
        "activity_lines": [
          45.326666,
          45.062727,
          45.523095,
          45.488064
        ]
      },
      {
        "date": "2023-12-29",
        "close": 47.75,
        "volume": 2494624,
        "typical_volume": 877427.45,
        "trend": 45.155,
        "fair_value": 37.274679,
        "relative_strength": -3.112327,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.601654,
        "energy": 18.8364,
        "activity_lines": [
          46.086666,
          45.595454,
          45.694047,
          45.67957
        ]
      },
      {
        "date": "2024-01-05",
        "close": 48.5,
        "volume": 773930,
        "typical_volume": 885599.3,
        "trend": 45.478333,
        "fair_value": 37.419551,
        "relative_strength": -1.704676,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 53.61079,
        "energy": 34.049269,
        "activity_lines": [
          47.01,
          46.23,
          45.922857,
          45.895376
        ]
      },
      {
        "date": "2024-01-12",
        "close": 57.650002,
        "volume": 10194140,
        "typical_volume": 1356479.4,
        "trend": 46.086667,
        "fair_value": 37.631731,
        "relative_strength": 15.691152,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 80.931977,
        "energy": 70.923943,
        "activity_lines": [
          50.773334,
          48.415455,
          47.003571,
          46.680645
        ]
      },
      {
        "date": "2024-01-19",
        "close": 68.300003,
        "volume": 5715460,
        "typical_volume": 1521106.15,
        "trend": 46.981667,
        "fair_value": 37.922436,
        "relative_strength": 37.845603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.568927,
        "energy": 89.469284,
        "activity_lines": [
          57.193335,
          52.285455,
          49.042857,
          48.113764
        ]
      },
      {
        "date": "2024-01-26",
        "close": 92.75,
        "volume": 4723476,
        "typical_volume": 1656093.8,
        "trend": 48.61,
        "fair_value": 38.387179,
        "relative_strength": 86.781491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.663882,
        "energy": 98.373572,
        "activity_lines": [
          70.310001,
          60.169092,
          53.321429,
          51.066559
        ]
      },
      {
        "date": "2024-02-02",
        "close": 88.650002,
        "volume": 4622534,
        "typical_volume": 1814504.75,
        "trend": 49.996667,
        "fair_value": 38.818269,
        "relative_strength": 72.431925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.55229,
        "energy": 97.167413,
        "activity_lines": [
          78.863335,
          66.427274,
          57.012143,
          53.649785
        ]
      },
      {
        "date": "2024-02-09",
        "close": 83.349998,
        "volume": 929598,
        "typical_volume": 1842130.9,
        "trend": 51.263334,
        "fair_value": 39.214102,
        "relative_strength": 61.00794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.937894,
        "energy": 89.566694,
        "activity_lines": [
          82.923334,
          70.954546,
          60.006905,
          55.801613
        ]
      },
      {
        "date": "2024-02-16",
        "close": 85.949997,
        "volume": 454556,
        "typical_volume": 1834946.05,
        "trend": 52.613333,
        "fair_value": 39.636218,
        "relative_strength": 62.286921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.659703,
        "energy": 88.912211,
        "activity_lines": [
          85.526666,
          75.263636,
          63.076905,
          58.039462
        ]
      },
      {
        "date": "2024-02-23",
        "close": 75.599998,
        "volume": 352918,
        "typical_volume": 1833310.15,
        "trend": 53.67,
        "fair_value": 39.979167,
        "relative_strength": 40.563953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.035471,
        "energy": 65.496156,
        "activity_lines": [
          82.793332,
          76.932727,
          64.972857,
          59.522473
        ]
      },
      {
        "date": "2024-03-01",
        "close": 74.5,
        "volume": 343925,
        "typical_volume": 1816526.6,
        "trend": 54.736667,
        "fair_value": 40.315064,
        "relative_strength": 36.674219,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.491477,
        "energy": 53.347886,
        "activity_lines": [
          79.206665,
          77.872727,
          66.625952,
          60.866344
        ]
      },
      {
        "date": "2024-03-08",
        "close": 67.25,
        "volume": 320220,
        "typical_volume": 1811803.8,
        "trend": 55.481667,
        "fair_value": 40.598397,
        "relative_strength": 21.873204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.162772,
        "energy": 34.705,
        "activity_lines": [
          74.419999,
          76.954545,
          67.453571,
          61.673656
        ]
      },
      {
        "date": "2024-03-15",
        "close": 55.650002,
        "volume": 377181,
        "typical_volume": 1807800.9,
        "trend": 55.856667,
        "fair_value": 40.821474,
        "relative_strength": 2.714363,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.222651,
        "energy": 23.502258,
        "activity_lines": [
          67.193334,
          73.572727,
          67.074524,
          61.684516
        ]
      },
      {
        "date": "2024-03-22",
        "close": 58.650002,
        "volume": 492838,
        "typical_volume": 1815247.6,
        "trend": 56.28,
        "fair_value": 41.059615,
        "relative_strength": 7.464291,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.878044,
        "energy": 24.444158,
        "activity_lines": [
          62.813334,
          70.606364,
          66.917619,
          61.864731
        ]
      },
      {
        "date": "2024-03-29",
        "close": 56.200001,
        "volume": 370886,
        "typical_volume": 1816067.65,
        "trend": 56.501667,
        "fair_value": 41.260897,
        "relative_strength": 1.540359,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.251804,
        "energy": 23.666366,
        "activity_lines": [
          59.436668,
          67.176364,
          66.456667,
          61.85957
        ]
      },
      {
        "date": "2024-04-05",
        "close": 68.400002,
        "volume": 309891,
        "typical_volume": 1816355.0,
        "trend": 57.071667,
        "fair_value": 41.535577,
        "relative_strength": 21.67693,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.505066,
        "energy": 19.336903,
        "activity_lines": [
          61.420002,
          66.184546,
          67.102143,
          62.627205
        ]
      },
      {
        "date": "2024-04-12",
        "close": 63.150002,
        "volume": 27355,
        "typical_volume": 1768339.4,
        "trend": 57.56,
        "fair_value": 41.780769,
        "relative_strength": 11.679914,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.480686,
        "energy": 14.034083,
        "activity_lines": [
          62.060002,
          64.68091,
          67.133096,
          63.019355
        ]
      },
      {
        "date": "2024-04-19",
        "close": 58.5,
        "volume": 68652,
        "typical_volume": 1741378.5,
        "trend": 57.938333,
        "fair_value": 42.00609,
        "relative_strength": 4.718115,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.754941,
        "energy": 9.524964,
        "activity_lines": [
          61.423335,
          62.795456,
          66.641667,
          63.08
        ]
      },
      {
        "date": "2024-04-26",
        "close": 58.049999,
        "volume": 123005,
        "typical_volume": 1711397.25,
        "trend": 58.326667,
        "fair_value": 42.217949,
        "relative_strength": 2.322605,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.136439,
        "energy": 8.030192,
        "activity_lines": [
          60.446667,
          61.280001,
          66.044762,
          63.087205
        ]
      },
      {
        "date": "2024-05-03",
        "close": 57.450001,
        "volume": 44231,
        "typical_volume": 1665839.3,
        "trend": 58.688333,
        "fair_value": 42.422115,
        "relative_strength": 0.679225,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -2.397574,
        "energy": 23.802404,
        "activity_lines": [
          59.31,
          60.162728,
          65.325001,
          63.030645
        ]
      },
      {
        "date": "2024-05-10",
        "close": 52.049999,
        "volume": 65548,
        "typical_volume": 1640248.4,
        "trend": 58.885,
        "fair_value": 42.583974,
        "relative_strength": -7.221753,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.696942,
        "energy": 47.957947,
        "activity_lines": [
          56.29,
          58.393637,
          64.03881,
          62.602366
        ]
      },
      {
        "date": "2024-05-17",
        "close": 60.700001,
        "volume": 158331,
        "typical_volume": 1523433.75,
        "trend": 59.38,
        "fair_value": 42.809295,
        "relative_strength": 5.685288,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.57207,
        "energy": 35.772752,
        "activity_lines": [
          57.243333,
          58.605455,
          63.541905,
          62.719463
        ]
      },
      {
        "date": "2024-05-24",
        "close": 57.150002,
        "volume": 90681,
        "typical_volume": 1489271.3,
        "trend": 59.875,
        "fair_value": 43.015705,
        "relative_strength": -2.984882,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.602149,
        "energy": 29.627805,
        "activity_lines": [
          57.176667,
          58.29091,
          62.645239,
          62.575592
        ]
      },
      {
        "date": "2024-05-31",
        "close": 54.900002,
        "volume": 74296,
        "typical_volume": 983279.1,
        "trend": 60.245,
        "fair_value": 43.185897,
        "relative_strength": -5.370135,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.335029,
        "energy": 35.053653,
        "activity_lines": [
          56.450001,
          57.540001,
          61.493096,
          62.254624
        ]
      },
      {
        "date": "2024-06-07",
        "close": 52.049999,
        "volume": 77475,
        "typical_volume": 701379.85,
        "trend": 60.495,
        "fair_value": 43.352564,
        "relative_strength": -13.301849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -41.149575,
        "energy": 36.968575,
        "activity_lines": [
          54.983334,
          56.339091,
          60.08262,
          61.725914
        ]
      },
      {
        "date": "2024-06-14",
        "close": 55.200001,
        "volume": 68049,
        "typical_volume": 468608.5,
        "trend": 60.856667,
        "fair_value": 43.549038,
        "relative_strength": -8.918794,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -31.176489,
        "energy": 44.322672,
        "activity_lines": [
          54.926667,
          55.786364,
          59.049524,
          61.384302
        ]
      },
      {
        "date": "2024-06-21",
        "close": 53.549999,
        "volume": 78798,
        "typical_volume": 241421.7,
        "trend": 61.093334,
        "fair_value": 43.731731,
        "relative_strength": -11.812852,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.746936,
        "energy": 62.026253,
        "activity_lines": [
          54.11,
          55.173637,
          58.038096,
          60.912904
        ]
      },
      {
        "date": "2024-06-28",
        "close": 54.669998,
        "volume": 100405,
        "typical_volume": 199962.05,
        "trend": 61.404,
        "fair_value": 43.925128,
        "relative_strength": -11.87175,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.205362,
        "energy": 60.096301,
        "activity_lines": [
          54.143333,
          54.939091,
          57.300476,
          60.498495
        ]
      },
      {
        "date": "2024-07-05",
        "close": 59.43,
        "volume": 323966,
        "typical_volume": 193432.55,
        "trend": 61.91,
        "fair_value": 44.15,
        "relative_strength": -5.439032,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.56338,
        "energy": 30.591005,
        "activity_lines": [
          55.928666,
          55.639636,
          57.152762,
          60.37114
        ]
      },
      {
        "date": "2024-07-12",
        "close": 55.459999,
        "volume": 183217,
        "typical_volume": 184947.5,
        "trend": 62.208667,
        "fair_value": 44.285962,
        "relative_strength": -12.362427,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.203078,
        "energy": 27.378896,
        "activity_lines": [
          56.088666,
          55.593272,
          56.753238,
          59.955011
        ]
      },
      {
        "date": "2024-07-19",
        "close": 55.549999,
        "volume": 500977,
        "typical_volume": 192800.1,
        "trend": 62.567,
        "fair_value": 44.423141,
        "relative_strength": -12.298692,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.031956,
        "energy": 21.786737,
        "activity_lines": [
          56.051332,
          55.599454,
          56.45819,
          59.525419
        ]
      },
      {
        "date": "2024-07-26",
        "close": 57.580002,
        "volume": 276989,
        "typical_volume": 190638.55,
        "trend": 62.894667,
        "fair_value": 44.575256,
        "relative_strength": -10.262467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.41435,
        "energy": 20.458386,
        "activity_lines": [
          56.667333,
          55.911091,
          56.446714,
          59.203678
        ]
      },
      {
        "date": "2024-08-02",
        "close": 55.849998,
        "volume": 540771,
        "typical_volume": 198818.05,
        "trend": 63.139667,
        "fair_value": 44.724615,
        "relative_strength": -12.599412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.244666,
        "energy": 20.241217,
        "activity_lines": [
          56.438,
          55.964909,
          56.316524,
          58.749183
        ]
      },
      {
        "date": "2024-08-09",
        "close": 59.66,
        "volume": 1008195,
        "typical_volume": 224585.9,
        "trend": 63.206667,
        "fair_value": 44.875962,
        "relative_strength": -5.391918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.647742,
        "energy": 10.183761,
        "activity_lines": [
          57.4,
          56.73509,
          56.548238,
          58.524688
        ]
      },
      {
        "date": "2024-08-16",
        "close": 52.43,
        "volume": 758559,
        "typical_volume": 243969.55,
        "trend": 62.677667,
        "fair_value": 44.991538,
        "relative_strength": -17.345417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.98659,
        "energy": 23.042084,
        "activity_lines": [
          55.936666,
          56.104181,
          56.086571,
          57.829419
        ]
      },
      {
        "date": "2024-08-23",
        "close": 54.790001,
        "volume": 268215,
        "typical_volume": 241885.75,
        "trend": 61.412333,
        "fair_value": 45.104936,
        "relative_strength": -14.493047,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.888192,
        "energy": 22.49059,
        "activity_lines": [
          55.462,
          55.895454,
          55.867619,
          57.320538
        ]
      },
      {
        "date": "2024-08-30",
        "close": 55.709999,
        "volume": 468612,
        "typical_volume": 263948.6,
        "trend": 60.314333,
        "fair_value": 45.23032,
        "relative_strength": -14.260878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.532056,
        "energy": 19.52195,
        "activity_lines": [
          55.344666,
          55.861454,
          55.801095,
          56.952645
        ]
      },
      {
        "date": "2024-09-06",
        "close": 53.560001,
        "volume": 248314,
        "typical_volume": 272931.7,
        "trend": 59.321333,
        "fair_value": 45.34,
        "relative_strength": -16.025271,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.573759,
        "energy": 30.814114,
        "activity_lines": [
          54.635334,
          55.397273,
          55.565238,
          56.516882
        ]
      },
      {
        "date": "2024-09-13",
        "close": 56.75,
        "volume": 412186,
        "typical_volume": 287390.75,
        "trend": 58.348,
        "fair_value": 45.479103,
        "relative_strength": -12.68638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.882224,
        "energy": 20.330854,
        "activity_lines": [
          55.142,
          55.533273,
          55.656714,
          56.350989
        ]
      },
      {
        "date": "2024-09-20",
        "close": 67.760002,
        "volume": 2593205,
        "typical_volume": 414839.45,
        "trend": 58.086667,
        "fair_value": 45.709615,
        "relative_strength": 2.319955,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.037491,
        "energy": 23.943104,
        "activity_lines": [
          59.512667,
          57.719819,
          56.802953,
          56.958215
        ]
      },
      {
        "date": "2024-09-27",
        "close": 66.690002,
        "volume": 793611,
        "typical_volume": 451242.6,
        "trend": 57.826334,
        "fair_value": 45.932949,
        "relative_strength": -0.925404,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.725037,
        "energy": 48.549734,
        "activity_lines": [
          62.504668,
          59.488183,
          57.798191,
          57.513269
        ]
      },
      {
        "date": "2024-10-04",
        "close": 67.080002,
        "volume": 727857,
        "typical_volume": 479718.9,
        "trend": 57.820667,
        "fair_value": 46.159103,
        "relative_strength": 4.050877,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 67.027253,
        "energy": 69.066142,
        "activity_lines": [
          64.833335,
          61.12491,
          58.760858,
          58.11028
        ]
      },
      {
        "date": "2024-10-11",
        "close": 67.739998,
        "volume": 923384,
        "typical_volume": 521354.05,
        "trend": 58.223667,
        "fair_value": 46.389808,
        "relative_strength": 4.99128,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.789773,
        "energy": 72.704886,
        "activity_lines": [
          66.624001,
          62.70891,
          59.756,
          58.750237
        ]
      },
      {
        "date": "2024-10-18",
        "close": 69.279999,
        "volume": 1621449,
        "typical_volume": 598711.7,
        "trend": 58.578,
        "fair_value": 46.63391,
        "relative_strength": 7.501236,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.413442,
        "energy": 71.571252,
        "activity_lines": [
          67.982667,
          64.356728,
          60.847381,
          59.463549
        ]
      },
      {
        "date": "2024-10-25",
        "close": 67.760002,
        "volume": 567563,
        "typical_volume": 623216.1,
        "trend": 58.963334,
        "fair_value": 46.876603,
        "relative_strength": 7.606069,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.151002,
        "energy": 59.304615,
        "activity_lines": [
          67.999334,
          65.553273,
          61.725524,
          60.055936
        ]
      },
      {
        "date": "2024-11-01",
        "close": 66.330002,
        "volume": 930304,
        "typical_volume": 666328.85,
        "trend": 58.894334,
        "fair_value": 47.090256,
        "relative_strength": 4.451425,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.506695,
        "energy": 40.774251,
        "activity_lines": [
          67.539334,
          66.211092,
          62.392667,
          60.531205
        ]
      },
      {
        "date": "2024-11-08",
        "close": 64.410004,
        "volume": 486883,
        "typical_volume": 686733.1,
        "trend": 58.936334,
        "fair_value": 47.304744,
        "relative_strength": 1.803679,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.307927,
        "energy": 33.795613,
        "activity_lines": [
          66.463335,
          66.310001,
          62.823953,
          60.887054
        ]
      },
      {
        "date": "2024-11-15",
        "close": 62.080002,
        "volume": 358025,
        "typical_volume": 699614.1,
        "trend": 59.055667,
        "fair_value": 47.50141,
        "relative_strength": 0.399652,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.270317,
        "energy": 21.543039,
        "activity_lines": [
          64.788669,
          65.827093,
          62.98162,
          61.089872
        ]
      },
      {
        "date": "2024-11-22",
        "close": 61.169998,
        "volume": 221308,
        "typical_volume": 694481.2,
        "trend": 59.159667,
        "fair_value": 47.652821,
        "relative_strength": -2.772845,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.182502,
        "energy": 18.314366,
        "activity_lines": [
          63.188001,
          65.023819,
          63.017334,
          61.22628
        ]
      },
      {
        "date": "2024-11-29",
        "close": 62.52,
        "volume": 367124,
        "typical_volume": 703676.55,
        "trend": 59.328667,
        "fair_value": 47.820256,
        "relative_strength": -1.802434,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.040161,
        "energy": 17.997643,
        "activity_lines": [
          62.578001,
          64.385637,
          63.173334,
          61.443076
        ]
      },
      {
        "date": "2024-12-06",
        "close": 65.150002,
        "volume": 783998,
        "typical_volume": 717827.6,
        "trend": 59.765334,
        "fair_value": 48.021218,
        "relative_strength": -0.323454,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.52987,
        "energy": 17.293385,
        "activity_lines": [
          63.194001,
          64.32091,
          63.546191,
          61.818646
        ]
      },
      {
        "date": "2024-12-13",
        "close": 63.650002,
        "volume": 441182,
        "typical_volume": 726037.25,
        "trend": 59.863667,
        "fair_value": 48.225705,
        "relative_strength": -3.257042,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.140082,
        "energy": 13.444091,
        "activity_lines": [
          63.388668,
          64.011456,
          63.730477,
          62.06927
        ]
      },
      {
        "date": "2024-12-20",
        "close": 62.369999,
        "volume": 261806,
        "typical_volume": 712089.0,
        "trend": 60.037667,
        "fair_value": 48.422628,
        "relative_strength": -0.848709,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.08898,
        "energy": 8.88033,
        "activity_lines": [
          63.207334,
          63.531637,
          63.763953,
          62.230968
        ]
      },
      {
        "date": "2024-12-27",
        "close": 60.450001,
        "volume": 217699,
        "typical_volume": 672564.2,
        "trend": 60.222667,
        "fair_value": 48.605,
        "relative_strength": -5.046234,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.535948,
        "energy": 5.560038,
        "activity_lines": [
          62.366667,
          62.800364,
          63.583525,
          62.257571
        ]
      },
      {
        "date": "2025-01-03",
        "close": 62.66,
        "volume": 346082,
        "typical_volume": 651940.35,
        "trend": 60.576334,
        "fair_value": 48.723974,
        "relative_strength": -2.623048,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.693604,
        "energy": 9.069886,
        "activity_lines": [
          62.310667,
          62.631455,
          63.60981,
          62.414818
        ]
      },
      {
        "date": "2025-01-10",
        "close": 57.419998,
        "volume": 172197,
        "typical_volume": 647139.45,
        "trend": 60.650334,
        "fair_value": 48.774744,
        "relative_strength": -8.463329,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -18.307254,
        "energy": 20.687375,
        "activity_lines": [
          60.498666,
          61.602546,
          63.088334,
          62.211183
        ]
      },
      {
        "date": "2025-01-17",
        "close": 58.91,
        "volume": 346569,
        "typical_volume": 641037.3,
        "trend": 60.829,
        "fair_value": 48.864231,
        "relative_strength": -4.739826,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.37281,
        "energy": 25.204921,
        "activity_lines": [
          59.698666,
          61.006545,
          62.696239,
          62.098904
        ]
      },
      {
        "date": "2025-01-24",
        "close": 57.389999,
        "volume": 234166,
        "typical_volume": 640329.9,
        "trend": 60.919667,
        "fair_value": 48.949103,
        "relative_strength": -5.48421,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.077716,
        "energy": 31.451957,
        "activity_lines": [
          58.707999,
          60.234182,
          62.144143,
          61.877033
        ]
      },
      {
        "date": "2025-01-31",
        "close": 56.220001,
        "volume": 178131,
        "typical_volume": 628627.15,
        "trend": 60.812667,
        "fair_value": 49.026154,
        "relative_strength": -7.929142,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.669588,
        "energy": 42.442577,
        "activity_lines": [
          57.659333,
          59.334364,
          61.462381,
          61.573828
        ]
      },
      {
        "date": "2025-02-07",
        "close": 56.799999,
        "volume": 274730,
        "typical_volume": 512703.4,
        "trend": 60.857334,
        "fair_value": 49.122308,
        "relative_strength": -6.199722,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.35375,
        "energy": 36.51949,
        "activity_lines": [
          57.086,
          58.63,
          60.838381,
          61.314947
        ]
      },
      {
        "date": "2025-02-14",
        "close": 53.119999,
        "volume": 247425,
        "typical_volume": 485394.1,
        "trend": 60.776334,
        "fair_value": 49.213141,
        "relative_strength": -8.783655,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.071253,
        "energy": 44.373747,
        "activity_lines": [
          55.676666,
          57.360545,
          59.916095,
          60.815764
        ]
      },
      {
        "date": "2025-02-21",
        "close": 51.650002,
        "volume": 265610,
        "typical_volume": 462281.75,
        "trend": 60.578667,
        "fair_value": 49.308654,
        "relative_strength": -10.01389,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -68.299433,
        "energy": 59.024895,
        "activity_lines": [
          54.064,
          56.042545,
          58.918429,
          60.226968
        ]
      },
      {
        "date": "2025-02-28",
        "close": 49.130001,
        "volume": 142351,
        "typical_volume": 423230.1,
        "trend": 60.354667,
        "fair_value": 49.366859,
        "relative_strength": -11.050481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.427714,
        "energy": 66.486816,
        "activity_lines": [
          52.095334,
          54.484546,
          57.754238,
          59.488344
        ]
      },
      {
        "date": "2025-03-07",
        "close": 51.200001,
        "volume": 235731,
        "typical_volume": 353944.2,
        "trend": 60.072667,
        "fair_value": 49.407885,
        "relative_strength": -8.55432,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.089222,
        "energy": 63.040281,
        "activity_lines": [
          51.367334,
          53.543637,
          56.87581,
          58.897721
        ]
      },
      {
        "date": "2025-03-14",
        "close": 47.139999,
        "volume": 234315,
        "typical_volume": 337281.8,
        "trend": 59.896334,
        "fair_value": 49.429936,
        "relative_strength": -14.943755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.786591,
        "energy": 70.479604,
        "activity_lines": [
          49.620667,
          52.032727,
          55.69681,
          58.063355
        ]
      },
      {
        "date": "2025-03-21",
        "close": 52.709999,
        "volume": 304818,
        "typical_volume": 306007.5,
        "trend": 59.827,
        "fair_value": 49.489295,
        "relative_strength": -8.493774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.809096,
        "energy": 49.875416,
        "activity_lines": [
          50.374667,
          51.816727,
          55.146476,
          57.599721
        ]
      },
      {
        "date": "2025-03-28",
        "close": 44.169998,
        "volume": 453734,
        "typical_volume": 304350.05,
        "trend": 59.442334,
        "fair_value": 49.489423,
        "relative_strength": -23.489115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.018469,
        "energy": 50.689337,
        "activity_lines": [
          48.309332,
          50.133636,
          53.847666,
          56.589591
        ]
      },
      {
        "date": "2025-04-04",
        "close": 48.799999,
        "volume": 378854,
        "typical_volume": 305391.5,
        "trend": 59.283667,
        "fair_value": 49.488141,
        "relative_strength": -12.578119,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.569265,
        "energy": 41.307158,
        "activity_lines": [
          48.285999,
          49.560363,
          53.08619,
          55.902989
        ]
      },
      {
        "date": "2025-04-11",
        "close": 50.029999,
        "volume": 283184,
        "typical_volume": 308485.3,
        "trend": 59.059667,
        "fair_value": 49.510449,
        "relative_strength": -9.639823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.747858,
        "energy": 35.354436,
        "activity_lines": [
          48.694665,
          49.366908,
          52.505095,
          55.305978
        ]
      },
      {
        "date": "2025-04-18",
        "close": 50.82,
        "volume": 148302,
        "typical_volume": 297544.2,
        "trend": 58.495,
        "fair_value": 49.542949,
        "relative_strength": -11.792893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.514502,
        "energy": 30.419973,
        "activity_lines": [
          49.444666,
          49.429636,
          52.052285,
          54.774387
        ]
      },
      {
        "date": "2025-04-25",
        "close": 73.32,
        "volume": 6928735,
        "typical_volume": 604781.05,
        "trend": 58.716,
        "fair_value": 49.67609,
        "relative_strength": 25.804686,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 6.045644,
        "energy": 15.386056,
        "activity_lines": [
          57.449333,
          53.691999,
          53.798047,
          55.730839
        ]
      },
      {
        "date": "2025-05-02",
        "close": 64.510002,
        "volume": 409532,
        "typical_volume": 603198.55,
        "trend": 58.630333,
        "fair_value": 49.781923,
        "relative_strength": 9.209857,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.090817,
        "energy": 29.356123,
        "activity_lines": [
          61.143334,
          55.985273,
          54.665857,
          56.104645
        ]
      },
      {
        "date": "2025-05-09",
        "close": 57.23,
        "volume": 92190,
        "typical_volume": 594717.75,
        "trend": 58.28,
        "fair_value": 49.868654,
        "relative_strength": -1.766252,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 16.300918,
        "energy": 27.050341,
        "activity_lines": [
          61.054667,
          56.721091,
          54.836238,
          56.014301
        ]
      },
      {
        "date": "2025-05-16",
        "close": 62.98,
        "volume": 166171,
        "typical_volume": 592141.35,
        "trend": 58.07,
        "fair_value": 49.993526,
        "relative_strength": 3.883772,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.716683,
        "energy": 31.501258,
        "activity_lines": [
          62.320667,
          58.355091,
          55.578714,
          56.317527
        ]
      },
      {
        "date": "2025-05-23",
        "close": 61.82,
        "volume": 58139,
        "typical_volume": 577744.2,
        "trend": 57.872,
        "fair_value": 50.125385,
        "relative_strength": 2.655778,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.136109,
        "energy": 32.427648,
        "activity_lines": [
          62.336667,
          59.564,
          56.198667,
          56.559462
        ]
      },
      {
        "date": "2025-05-30",
        "close": 64.440002,
        "volume": 156734,
        "typical_volume": 576971.05,
        "trend": 57.809,
        "fair_value": 50.275641,
        "relative_strength": 7.307252,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.895427,
        "energy": 23.496272,
        "activity_lines": [
          62.492667,
          60.982364,
          57.072143,
          56.983204
        ]
      },
      {
        "date": "2025-06-06",
        "close": 60.759998,
        "volume": 85062,
        "typical_volume": 563895.7,
        "trend": 57.687333,
        "fair_value": 50.406474,
        "relative_strength": 0.00326,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.395243,
        "energy": 20.871308,
        "activity_lines": [
          62.014,
          61.518364,
          57.561714,
          57.173591
        ]
      },
      {
        "date": "2025-06-13",
        "close": 60.82,
        "volume": 90423,
        "typical_volume": 556708.55,
        "trend": 57.645333,
        "fair_value": 50.570385,
        "relative_strength": 1.167388,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 21.717097,
        "energy": 17.406183,
        "activity_lines": [
          61.805333,
          61.763636,
          58.04819,
          57.375699
        ]
      },
      {
        "date": "2025-06-20",
        "close": 58.389999,
        "volume": 122631,
        "typical_volume": 553933.55,
        "trend": 57.552667,
        "fair_value": 50.718077,
        "relative_strength": -4.432886,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.035213,
        "energy": 10.172562,
        "activity_lines": [
          60.547333,
          61.348545,
          58.286905,
          57.423742
        ]
      },
      {
        "date": "2025-06-27",
        "close": 64.089996,
        "volume": 192948,
        "typical_volume": 549844.45,
        "trend": 57.605,
        "fair_value": 50.893013,
        "relative_strength": 2.565944,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.813977,
        "energy": 21.989219,
        "activity_lines": [
          61.495332,
          61.817817,
          59.058142,
          57.845505
        ]
      },
      {
        "date": "2025-07-04",
        "close": 62.82,
        "volume": 223956,
        "typical_volume": 548671.0,
        "trend": 57.527333,
        "fair_value": 51.057885,
        "relative_strength": 1.212435,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.592348,
        "energy": 24.921105,
        "activity_lines": [
          61.868665,
          61.814908,
          59.673714,
          58.181957
        ]
      },
      {
        "date": "2025-07-11",
        "close": 64.400002,
        "volume": 317192,
        "typical_volume": 551250.1,
        "trend": 57.552333,
        "fair_value": 51.218141,
        "relative_strength": 4.796056,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.506872,
        "energy": 30.05913,
        "activity_lines": [
          62.876666,
          62.290181,
          60.393571,
          58.625355
        ]
      },
      {
        "date": "2025-07-18",
        "close": 62.52,
        "volume": 93957,
        "typical_volume": 548830.4,
        "trend": 57.557333,
        "fair_value": 51.358333,
        "relative_strength": 2.283349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.453705,
        "energy": 31.386199,
        "activity_lines": [
          63.015333,
          62.425636,
          60.873666,
          58.945849
        ]
      },
      {
        "date": "2025-07-25",
        "close": 61.700001,
        "volume": 81782,
        "typical_volume": 541132.95,
        "trend": 57.599,
        "fair_value": 51.504167,
        "relative_strength": 1.343956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.345046,
        "energy": 32.691168,
        "activity_lines": [
          62.767334,
          62.315818,
          61.211905,
          59.213118
        ]
      },
      {
        "date": "2025-08-01",
        "close": 64.889999,
        "volume": 299887,
        "typical_volume": 544411.55,
        "trend": 57.673333,
        "fair_value": 51.665641,
        "relative_strength": 7.44025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.209514,
        "energy": 38.273448,
        "activity_lines": [
          63.362,
          62.809272,
          61.803952,
          59.683505
        ]
      },
      {
        "date": "2025-08-08",
        "close": 62.240002,
        "volume": 42175,
        "typical_volume": 531279.4,
        "trend": 57.834,
        "fair_value": 51.793462,
        "relative_strength": 3.820867,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.016946,
        "energy": 26.566404,
        "activity_lines": [
          63.020001,
          62.765091,
          62.059095,
          59.978129
        ]
      },
      {
        "date": "2025-08-15",
        "close": 60.029999,
        "volume": 84716,
        "typical_volume": 512828.5,
        "trend": 57.871333,
        "fair_value": 51.921218,
        "relative_strength": -1.187329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 32.27025,
        "energy": 16.642832,
        "activity_lines": [
          61.98,
          62.359091,
          62.058381,
          60.119806
        ]
      },
      {
        "date": "2025-08-22",
        "close": 59.32,
        "volume": 48250,
        "typical_volume": 496298.3,
        "trend": 57.935667,
        "fair_value": 52.044103,
        "relative_strength": -3.427603,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.490804,
        "energy": 8.265482,
        "activity_lines": [
          60.994667,
          61.837273,
          61.914524,
          60.213269
        ]
      },
      {
        "date": "2025-08-29",
        "close": 58.07,
        "volume": 33975,
        "typical_volume": 483837.85,
        "trend": 57.997333,
        "fair_value": 52.160577,
        "relative_strength": -3.874152,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.145736,
        "energy": 11.06081,
        "activity_lines": [
          59.806,
          61.115455,
          61.601524,
          60.221935
        ]
      },
      {
        "date": "2025-09-05",
        "close": 59.349998,
        "volume": 45009,
        "typical_volume": 478673.2,
        "trend": 58.082333,
        "fair_value": 52.28718,
        "relative_strength": -3.186249,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.70862,
        "energy": 15.662453,
        "activity_lines": [
          59.285999,
          60.632182,
          61.372143,
          60.309204
        ]
      },
      {
        "date": "2025-09-12",
        "close": 61.48,
        "volume": 91993,
        "typical_volume": 136836.1,
        "trend": 58.361,
        "fair_value": 52.43609,
        "relative_strength": -1.361955,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.766305,
        "energy": 12.531113,
        "activity_lines": [
          59.845333,
          60.622363,
          61.305,
          60.528408
        ]
      },
      {
        "date": "2025-09-19",
        "close": 59.549999,
        "volume": 39155,
        "typical_volume": 118317.25,
        "trend": 58.624333,
        "fair_value": 52.577115,
        "relative_strength": -5.059058,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.411452,
        "energy": 9.78222,
        "activity_lines": [
          59.811999,
          60.286,
          61.110428,
          60.605118
        ]
      },
      {
        "date": "2025-09-26",
        "close": 59.240002,
        "volume": 71090,
        "typical_volume": 117262.25,
        "trend": 58.961333,
        "fair_value": 52.730256,
        "relative_strength": -2.868534,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.854002,
        "energy": 7.111662,
        "activity_lines": [
          59.707333,
          59.981455,
          60.909952,
          60.644839
        ]
      },
      {
        "date": "2025-10-03",
        "close": 59.740002,
        "volume": 48055,
        "typical_volume": 111356.45,
        "trend": 59.246,
        "fair_value": 52.865769,
        "relative_strength": -2.778234,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.725765,
        "energy": 6.258457,
        "activity_lines": [
          59.774668,
          59.827455,
          60.747524,
          60.695075
        ]
      },
      {
        "date": "2025-10-10",
        "close": 59.290001,
        "volume": 64926,
        "typical_volume": 111695.8,
        "trend": 59.651,
        "fair_value": 53.002885,
        "relative_strength": -4.729389,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.59785,
        "energy": 12.90235,
        "activity_lines": [
          59.580668,
          59.627273,
          60.557667,
          60.697914
        ]
      },
      {
        "date": "2025-10-17",
        "close": 58.41,
        "volume": 38329,
        "typical_volume": 105775.55,
        "trend": 59.841,
        "fair_value": 53.135321,
        "relative_strength": -7.319749,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.625772,
        "energy": 21.028935,
        "activity_lines": [
          59.097334,
          59.36891,
          60.296048,
          60.61785
        ]
      },
      {
        "date": "2025-10-24",
        "close": 59.310001,
        "volume": 50082,
        "typical_volume": 104026.55,
        "trend": 60.345667,
        "fair_value": 53.282821,
        "relative_strength": -5.831341,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.162503,
        "energy": 18.465738,
        "activity_lines": [
          59.118668,
          59.343819,
          60.148857,
          60.583592
        ]
      },
      {
        "date": "2025-10-31",
        "close": 57.860001,
        "volume": 87595,
        "typical_volume": 103885.15,
        "trend": 60.647667,
        "fair_value": 53.408846,
        "relative_strength": -7.523255,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.078337,
        "energy": 38.663585,
        "activity_lines": [
          58.672668,
          59.068183,
          59.870477,
          60.423226
        ]
      },
      {
        "date": "2025-11-07",
        "close": 58.529999,
        "volume": 127715,
        "typical_volume": 104139.35,
        "trend": 60.931,
        "fair_value": 53.545256,
        "relative_strength": -5.331234,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.700714,
        "energy": 33.946408,
        "activity_lines": [
          58.542,
          58.94091,
          59.67,
          60.286602
        ]
      },
      {
        "date": "2025-11-14",
        "close": 63.540001,
        "volume": 335537,
        "typical_volume": 111268.8,
        "trend": 61.355,
        "fair_value": 53.721795,
        "relative_strength": 1.26425,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.039451,
        "energy": 8.519415,
        "activity_lines": [
          60.162,
          59.716182,
          59.946,
          60.454925
        ]
      },
      {
        "date": "2025-11-21",
        "close": 62.950001,
        "volume": 196430,
        "typical_volume": 109892.5,
        "trend": 61.009334,
        "fair_value": 53.897115,
        "relative_strength": -0.170482,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.118558,
        "energy": 12.001529,
        "activity_lines": [
          61.302001,
          60.308001,
          60.168429,
          60.557828
        ]
      },
      {
        "date": "2025-11-28",
        "close": 62.540001,
        "volume": 68488,
        "typical_volume": 97457.3,
        "trend": 60.943667,
        "fair_value": 54.068205,
        "relative_strength": -1.170545,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.547312,
        "energy": 17.286813,
        "activity_lines": [
          62.002667,
          60.798546,
          60.351191,
          60.656581
        ]
      },
      {
        "date": "2025-12-05",
        "close": 59.360001,
        "volume": 631362,
        "typical_volume": 124327.55,
        "trend": 61.014667,
        "fair_value": 54.220833,
        "relative_strength": -5.856891,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.034699,
        "energy": 11.580536,
        "activity_lines": [
          61.428001,
          60.656546,
          60.239953,
          60.554409
        ]
      },
      {
        "date": "2025-12-12",
        "close": 57.549999,
        "volume": 86111,
        "typical_volume": 124544.0,
        "trend": 60.833667,
        "fair_value": 54.361539,
        "relative_strength": -7.973819,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.813834,
        "energy": 14.874669,
        "activity_lines": [
          60.15,
          60.183273,
          59.971381,
          60.330882
        ]
      },
      {
        "date": "2025-12-19",
        "close": 66.089996,
        "volume": 195535,
        "typical_volume": 119326.4,
        "trend": 60.976,
        "fair_value": 54.566923,
        "relative_strength": 6.094137,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.617326,
        "energy": 14.1576,
        "activity_lines": [
          61.783999,
          61.302545,
          60.535905,
          60.67
        ]
      },
      {
        "date": "2025-12-26",
        "close": 74.07,
        "volume": 1058479,
        "typical_volume": 170141.6,
        "trend": 61.297,
        "fair_value": 54.821859,
        "relative_strength": 18.268024,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 77.532885,
        "energy": 59.391585,
        "activity_lines": [
          65.907999,
          63.749091,
          61.854714,
          61.514774
        ]
      },
      {
        "date": "2026-01-02",
        "close": 68.839996,
        "volume": 280791,
        "typical_volume": 179945.35,
        "trend": 61.566333,
        "fair_value": 55.035898,
        "relative_strength": 8.718431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.579523,
        "energy": 62.074381,
        "activity_lines": [
          67.547331,
          64.959999,
          62.619095,
          62.001419
        ]
      },
      {
        "date": "2026-01-09",
        "close": 62.66,
        "volume": 262612,
        "typical_volume": 190663.45,
        "trend": 61.627667,
        "fair_value": 55.154231,
        "relative_strength": 1.453365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.764529,
        "energy": 57.345215,
        "activity_lines": [
          66.706665,
          64.873999,
          62.752952,
          62.071978
        ]
      },
      {
        "date": "2026-01-16",
        "close": 62.669998,
        "volume": 131198,
        "typical_volume": 195524.6,
        "trend": 61.770333,
        "fair_value": 55.284487,
        "relative_strength": 1.506945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.644609,
        "energy": 43.830125,
        "activity_lines": [
          65.649332,
          64.702544,
          62.871857,
          62.139225
        ]
      },
      {
        "date": "2026-01-23",
        "close": 58.720001,
        "volume": 130158,
        "typical_volume": 199782.05,
        "trend": 61.591333,
        "fair_value": 55.370513,
        "relative_strength": -2.328951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 20.695015,
        "energy": 11.513276,
        "activity_lines": [
          62.933999,
          63.737635,
          62.592666,
          61.94243
        ]
      },
      {
        "date": "2026-01-30",
        "close": 58.41,
        "volume": 71479,
        "typical_volume": 198756.35,
        "trend": 61.444333,
        "fair_value": 55.44109,
        "relative_strength": -3.823002,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.981152,
        "energy": 14.057638,
        "activity_lines": [
          60.606666,
          62.803999,
          62.286952,
          61.737183
        ]
      },
      {
        "date": "2026-02-06",
        "close": 62.189999,
        "volume": 218783,
        "typical_volume": 207737.75,
        "trend": 61.370667,
        "fair_value": 55.544872,
        "relative_strength": 0.906576,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.140192,
        "energy": 12.38369,
        "activity_lines": [
          60.583333,
          62.640181,
          62.355857,
          61.78529
        ]
      },
      {
        "date": "2026-02-13",
        "close": 61.310001,
        "volume": 265325,
        "typical_volume": 217449.5,
        "trend": 61.330333,
        "fair_value": 55.646859,
        "relative_strength": 0.275472,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.989965,
        "energy": 13.059665,
        "activity_lines": [
          60.71,
          62.322727,
          62.328381,
          61.781376
        ]
      },
      {
        "date": "2026-02-20",
        "close": 59.939999,
        "volume": 103134,
        "typical_volume": 220203.45,
        "trend": 61.271667,
        "fair_value": 55.757051,
        "relative_strength": -2.41039,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.362084,
        "energy": 10.97554,
        "activity_lines": [
          60.47,
          61.720727,
          62.160571,
          61.691677
        ]
      },
      {
        "date": "2026-02-27",
        "close": 57.919998,
        "volume": 96698,
        "typical_volume": 221792.05,
        "trend": 61.039333,
        "fair_value": 55.862628,
        "relative_strength": -4.28993,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.661069,
        "energy": 12.199675,
        "activity_lines": [
          59.738666,
          60.707999,
          61.799428,
          61.47544
        ]
      },
      {
        "date": "2026-03-06",
        "close": 56.959999,
        "volume": 83410,
        "typical_volume": 224046.1,
        "trend": 60.863333,
        "fair_value": 55.969744,
        "relative_strength": -3.119029,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.575235,
        "energy": 20.203088,
        "activity_lines": [
          58.740666,
          59.669272,
          61.35338,
          61.212258
        ]
      },
      {
        "date": "2026-03-13",
        "close": 54.549999,
        "volume": 45880,
        "typical_volume": 223836.0,
        "trend": 60.680666,
        "fair_value": 56.081923,
        "relative_strength": -2.207462,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -34.561092,
        "energy": 38.784383,
        "activity_lines": [
          57.035999,
          58.503454,
          60.684714,
          60.804946
        ]
      },
      {
        "date": "2026-03-20",
        "close": 52.330002,
        "volume": 63233,
        "typical_volume": 222617.9,
        "trend": 60.447666,
        "fair_value": 56.184359,
        "relative_strength": -6.043686,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -67.891388,
        "energy": 60.787652,
        "activity_lines": [
          55.100667,
          57.193818,
          59.827285,
          60.266193
        ]
      },
      {
        "date": "2026-03-27",
        "close": 48.279999,
        "volume": 376954,
        "typical_volume": 235079.85,
        "trend": 60.121333,
        "fair_value": 56.266282,
        "relative_strength": -12.361314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.661005,
        "energy": 74.586026,
        "activity_lines": [
          52.414,
          55.335636,
          58.610476,
          59.481182
        ]
      },
      {
        "date": "2026-04-03",
        "close": 49.900002,
        "volume": 64944,
        "typical_volume": 221550.2,
        "trend": 59.806333,
        "fair_value": 56.348654,
        "relative_strength": -9.044032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.878482,
        "energy": 74.865763,
        "activity_lines": [
          51.044667,
          54.033636,
          57.596762,
          58.821742
        ]
      },
      {
        "date": "2026-04-10",
        "close": 56.939999,
        "volume": 111971,
        "typical_volume": 217327.25,
        "trend": 59.655,
        "fair_value": 56.476795,
        "relative_strength": -2.120754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.867911,
        "energy": 61.662196,
        "activity_lines": [
          52.556667,
          54.172,
          57.318476,
          58.636817
        ]
      },
      {
        "date": "2026-04-17",
        "close": 70.790001,
        "volume": 1243462,
        "typical_volume": 276075.95,
        "trend": 60.029667,
        "fair_value": 56.699487,
        "relative_strength": 19.436531,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": -7.328614,
        "energy": 6.688625,
        "activity_lines": [
          58.686667,
          56.855273,
          58.387857,
          59.355204
        ]
      },
      {
        "date": "2026-04-24",
        "close": 75.629997,
        "volume": 2316433,
        "typical_volume": 360329.5,
        "trend": 60.576,
        "fair_value": 56.932692,
        "relative_strength": 29.917466,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.693417,
        "energy": 33.645838,
        "activity_lines": [
          65.347333,
          60.262181,
          59.878904,
          60.361677
        ]
      },
      {
        "date": "2026-05-01",
        "close": 69.699997,
        "volume": 230560,
        "typical_volume": 367551.95,
        "trend": 60.908,
        "fair_value": 57.133974,
        "relative_strength": 18.994566,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.679537,
        "energy": 38.980395,
        "activity_lines": [
          68.477998,
          62.330545,
          60.727714,
          60.950322
        ]
      },
      {
        "date": "2026-05-08",
        "close": 66.290001,
        "volume": 181702,
        "typical_volume": 366860.3,
        "trend": 61.141333,
        "fair_value": 57.311474,
        "relative_strength": 12.020716,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 48.403537,
        "energy": 45.293032,
        "activity_lines": [
          69.043999,
          63.601454,
          61.193904,
          61.297548
        ]
      },
      {
        "date": "2026-05-15",
        "close": 61.619999,
        "volume": 82846,
        "typical_volume": 318078.65,
        "trend": 61.248333,
        "fair_value": 57.468974,
        "relative_strength": 6.400531,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.173639,
        "energy": 43.03991,
        "activity_lines": [
          66.960666,
          63.87109,
          61.21438,
          61.32843
        ]
      },
      {
        "date": "2026-05-22",
        "close": 65.639999,
        "volume": 60994,
        "typical_volume": 307088.8,
        "trend": 61.459333,
        "fair_value": 57.653205,
        "relative_strength": 12.731956,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 50.474315,
        "energy": 29.103633,
        "activity_lines": [
          65.905332,
          64.786908,
          61.676999,
          61.611763
        ]
      },
      {
        "date": "2026-05-29",
        "close": 67.660004,
        "volume": 320870,
        "typical_volume": 310001.7,
        "trend": 61.786,
        "fair_value": 57.852628,
        "relative_strength": 16.800901,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 44.260106,
        "energy": 22.42334,
        "activity_lines": [
          65.866667,
          65.868364,
          62.347238,
          62.011806
        ]
      },
      {
        "date": "2026-06-05",
        "close": 66.900002,
        "volume": 22747,
        "typical_volume": 304579.15,
        "trend": 62.065,
        "fair_value": 58.032757,
        "relative_strength": 15.99118,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 40.19954,
        "energy": 20.748597,
        "activity_lines": [
          66.106001,
          66.53291,
          62.921286,
          62.341742
        ]
      },
      {
        "date": "2026-06-12",
        "close": 66.150002,
        "volume": 15604,
        "typical_volume": 298851.45,
        "trend": 62.152,
        "fair_value": 58.204231,
        "relative_strength": 13.147453,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.800991,
        "energy": 22.737792,
        "activity_lines": [
          66.282002,
          66.722546,
          63.403762,
          62.60529
        ]
      },
      {
        "date": "2026-06-19",
        "close": 72.400002,
        "volume": 58652,
        "typical_volume": 298210.1,
        "trend": 62.467,
        "fair_value": 58.402628,
        "relative_strength": 21.176003,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 62.170568,
        "energy": 39.882966,
        "activity_lines": [
          68.550669,
          67.753092,
          64.446096,
          63.266452
        ]
      },
      {
        "date": "2026-06-26",
        "close": 73.870003,
        "volume": 0,
        "typical_volume": 287270.95,
        "trend": 62.844667,
        "fair_value": 58.594744,
        "relative_strength": 22.873655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.61326,
        "energy": 53.033374,
        "activity_lines": [
          70.590669,
          68.76982,
          65.56181,
          64.002129
        ]
      },
      {
        "date": "2026-07-03",
        "close": 76.300003,
        "volume": 49136,
        "typical_volume": 276461.5,
        "trend": 63.409333,
        "fair_value": 58.782244,
        "relative_strength": 25.140847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.025616,
        "energy": 62.401913,
        "activity_lines": [
          72.892003,
          70.172366,
          66.853334,
          64.870216
        ]
      },
      {
        "date": "2026-07-10",
        "close": 76.769997,
        "volume": 294462,
        "typical_volume": 286027.9,
        "trend": 64.05,
        "fair_value": 58.983654,
        "relative_strength": 25.656817,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.380137,
        "energy": 67.903955,
        "activity_lines": [
          74.774001,
          71.648183,
          68.118239,
          65.732194
        ]
      },
      {
        "date": "2026-07-17",
        "close": 76.580002,
        "volume": 116918,
        "typical_volume": 287038.9,
        "trend": 64.399667,
        "fair_value": 59.183205,
        "relative_strength": 24.081641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.333217,
        "energy": 71.354326,
        "activity_lines": [
          75.934668,
          72.96091,
          69.284906,
          66.540581
        ]
      },
      {
        "date": "2026-07-24",
        "close": 70.720001,
        "volume": 113672,
        "typical_volume": 288552.0,
        "trend": 64.288,
        "fair_value": 59.355128,
        "relative_strength": 16.884214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.034952,
        "energy": 64.684635,
        "activity_lines": [
          74.446668,
          73.021092,
          69.80462,
          66.948345
        ]
      },
      {
        "date": "2026-07-31",
        "close": 68.379997,
        "volume": 271447,
        "typical_volume": 299830.35,
        "trend": 64.272667,
        "fair_value": 59.521026,
        "relative_strength": 10.025561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.301738,
        "energy": 33.315089,
        "activity_lines": [
          72.290666,
          72.490364,
          70.035953,
          67.212344
        ]
      },
      {
        "date": "2026-08-07",
        "close": 84.43,
        "volume": 967896,
        "typical_volume": 345063.5,
        "trend": 64.998333,
        "fair_value": 59.774423,
        "relative_strength": 33.925542,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.430543,
        "energy": 48.784009,
        "activity_lines": [
          75.850666,
          74.828,
          71.730001,
          68.512818
        ]
      }
    ],
    "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."
    }
  }
}