{
  "ticker": {
    "uuid": "37cdc329-ebf3-4431-bfa1-631e6bf8a2a5",
    "symbol": "MOIL",
    "name": "MOIL 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": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.267,
    "architecture_energy": 44.088,
    "architecture_maturity": 22.719,
    "architecture_confidence": 85.299,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 14.49,
        "rotation_up": 19.0,
        "upward_expansion": 5.59,
        "deceleration": 51.98,
        "rotation_down": 57.11,
        "downward_expansion": 78.93
      },
      "activity_lines": [
        275.666663,
        277.933634,
        287.512143,
        291.420599
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": -0.666667
    },
    "latest_close": 278.149994,
    "trend_reference": 299.124201,
    "distance_from_trend": -0.070119,
    "trend_direction": "Weakening",
    "fair_value": 329.103481,
    "distance_from_fair_value": -0.154825,
    "fair_value_direction": "Weakening",
    "relative_strength": -12.011904,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.108351,
    "excess_performance": -0.064642,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.070119,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.060513,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.154825,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.14297,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.120119,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.086025,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.108351,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.386625,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3118021,
      "relative_activity": 0.664413,
      "balance": 2.386625,
      "dry_up": 2.366857,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.055241,
      "annualized_volatility": 0.327709,
      "from_high_reference": -0.302219,
      "from_low_reference": 0.14772
    },
    "levels": {
      "trend_reference": 299.124201,
      "fair_value_reference": 329.103481,
      "structural_low": 242.350006,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": 0.021339,
        "positive_rate": 0.5625,
        "directional_follow_through": 0.4375,
        "median_excess_return": 0.020755,
        "regime_survival": 0.6875,
        "best_return": 0.218365,
        "worst_return": -0.193724,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.04703,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.031696,
        "regime_survival": 0.333333,
        "best_return": 0.172657,
        "worst_return": -0.200058,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.055376,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.004628,
        "regime_survival": 0.0,
        "best_return": 0.566311,
        "worst_return": -0.108568,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.109839,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.022868,
        "regime_survival": 0.0,
        "best_return": 0.199325,
        "worst_return": 0.020353,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.093513,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-13",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": -0.036501,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-18",
        "end": "2025-03-21",
        "tenure": "Established",
        "return": -0.066716,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.164396,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": -0.148615,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-22",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.074905,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-19",
        "end": "2025-10-10",
        "tenure": "New",
        "return": 0.088442,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.029141,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-14",
        "end": "2025-12-05",
        "tenure": "New",
        "return": -0.083006,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-12",
        "end": "2025-12-26",
        "tenure": "New",
        "return": 0.109979,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": -0.172183,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-20",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.042589,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": -0.068178,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.005008,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 196.064651,
        "volume": 2897114,
        "typical_volume": 2651091.65,
        "trend": 156.372353,
        "fair_value": 146.321108,
        "relative_strength": 20.266333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.552252,
        "energy": 80.333731,
        "activity_lines": [
          195.138463,
          185.150383,
          171.58587,
          164.059495
        ]
      },
      {
        "date": "2023-08-25",
        "close": 207.349609,
        "volume": 5231845,
        "typical_volume": 2896773.5,
        "trend": 158.196379,
        "fair_value": 146.825026,
        "relative_strength": 26.853383,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.722925,
        "energy": 77.091955,
        "activity_lines": [
          200.850488,
          190.789419,
          175.907035,
          167.34835
        ]
      },
      {
        "date": "2023-09-01",
        "close": 230.061859,
        "volume": 9609988,
        "typical_volume": 3343560.65,
        "trend": 160.929489,
        "fair_value": 147.499037,
        "relative_strength": 38.57818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.622725,
        "energy": 86.017757,
        "activity_lines": [
          212.062771,
          199.592396,
          182.069068,
          171.984833
        ]
      },
      {
        "date": "2023-09-08",
        "close": 227.908264,
        "volume": 5365915,
        "typical_volume": 3591708.6,
        "trend": 163.558827,
        "fair_value": 148.171757,
        "relative_strength": 33.760361,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.129434,
        "energy": 78.33578,
        "activity_lines": [
          218.849266,
          206.641681,
          187.617996,
          176.306044
        ]
      },
      {
        "date": "2023-09-15",
        "close": 219.254135,
        "volume": 3233121,
        "typical_volume": 3718298.15,
        "trend": 165.918661,
        "fair_value": 148.761793,
        "relative_strength": 25.673898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.379156,
        "energy": 67.004958,
        "activity_lines": [
          220.590212,
          210.774687,
          191.937296,
          179.89929
        ]
      },
      {
        "date": "2023-09-22",
        "close": 204.228256,
        "volume": 2122925,
        "typical_volume": 3776170.35,
        "trend": 167.973619,
        "fair_value": 149.305804,
        "relative_strength": 19.625983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.599281,
        "energy": 60.22527,
        "activity_lines": [
          216.623729,
          211.280791,
          194.489119,
          182.370876
        ]
      },
      {
        "date": "2023-09-29",
        "close": 211.21817,
        "volume": 2773548,
        "typical_volume": 3894769.05,
        "trend": 170.098779,
        "fair_value": 149.871261,
        "relative_strength": 23.231535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.201686,
        "energy": 50.44715,
        "activity_lines": [
          214.442978,
          212.595553,
          197.443112,
          185.160847
        ]
      },
      {
        "date": "2023-10-06",
        "close": 204.703766,
        "volume": 1954745,
        "typical_volume": 3967587.05,
        "trend": 172.06211,
        "fair_value": 150.439758,
        "relative_strength": 18.776775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.296863,
        "energy": 35.686068,
        "activity_lines": [
          209.832854,
          212.090861,
          199.483027,
          187.393427
        ]
      },
      {
        "date": "2023-10-13",
        "close": 238.797272,
        "volume": 30477293,
        "typical_volume": 5462610.3,
        "trend": 175.288334,
        "fair_value": 151.241918,
        "relative_strength": 36.714498,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.832623,
        "energy": 47.116907,
        "activity_lines": [
          218.277772,
          217.234792,
          204.500529,
          191.698922
        ]
      },
      {
        "date": "2023-10-20",
        "close": 235.326096,
        "volume": 22476986,
        "typical_volume": 6453404.7,
        "trend": 178.441527,
        "fair_value": 151.991321,
        "relative_strength": 35.022526,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.512039,
        "energy": 48.587728,
        "activity_lines": [
          224.839697,
          220.960299,
          208.77081,
          195.572326
        ]
      },
      {
        "date": "2023-10-27",
        "close": 215.64032,
        "volume": 6266466,
        "typical_volume": 6736933.95,
        "trend": 181.134512,
        "fair_value": 152.667302,
        "relative_strength": 26.082395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.844577,
        "energy": 40.734653,
        "activity_lines": [
          223.768233,
          220.623774,
          210.7736,
          197.972248
        ]
      },
      {
        "date": "2023-11-03",
        "close": 224.199356,
        "volume": 5776227,
        "typical_volume": 6965507.65,
        "trend": 183.951585,
        "fair_value": 153.429479,
        "relative_strength": 28.846746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.596727,
        "energy": 43.034608,
        "activity_lines": [
          224.788977,
          221.487516,
          213.279078,
          200.750625
        ]
      },
      {
        "date": "2023-11-10",
        "close": 235.183456,
        "volume": 12037270,
        "typical_volume": 7518691.45,
        "trend": 186.978322,
        "fair_value": 154.254372,
        "relative_strength": 32.650853,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.572713,
        "energy": 43.47272,
        "activity_lines": [
          228.605675,
          224.042008,
          216.497539,
          204.055907
        ]
      },
      {
        "date": "2023-11-17",
        "close": 255.820267,
        "volume": 13394417,
        "typical_volume": 8170397.45,
        "trend": 190.74669,
        "fair_value": 155.208804,
        "relative_strength": 40.534813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.022264,
        "energy": 50.082308,
        "activity_lines": [
          237.269331,
          230.255528,
          221.300273,
          208.497323
        ]
      },
      {
        "date": "2023-11-24",
        "close": 279.310089,
        "volume": 35862470,
        "typical_volume": 9696294.2,
        "trend": 195.103648,
        "fair_value": 156.319583,
        "relative_strength": 51.012288,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.43252,
        "energy": 74.623072,
        "activity_lines": [
          252.628061,
          240.232433,
          227.855534,
          214.21109
        ]
      },
      {
        "date": "2023-12-01",
        "close": 301.801331,
        "volume": 17280635,
        "typical_volume": 10288543.9,
        "trend": 200.200831,
        "fair_value": 157.487413,
        "relative_strength": 57.255703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.496814,
        "energy": 88.959401,
        "activity_lines": [
          272.551605,
          253.206729,
          236.032451,
          221.094812
        ]
      },
      {
        "date": "2023-12-08",
        "close": 287.583832,
        "volume": 13830567,
        "typical_volume": 10884072.65,
        "trend": 204.801969,
        "fair_value": 158.551463,
        "relative_strength": 43.201297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.584956,
        "energy": 84.644789,
        "activity_lines": [
          281.991916,
          261.821969,
          242.269626,
          226.732425
        ]
      },
      {
        "date": "2023-12-15",
        "close": 294.193298,
        "volume": 14241157,
        "typical_volume": 11500705.55,
        "trend": 209.670839,
        "fair_value": 159.645239,
        "relative_strength": 41.694665,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.552629,
        "energy": 85.77076,
        "activity_lines": [
          289.40975,
          270.250463,
          248.606314,
          232.499607
        ]
      },
      {
        "date": "2023-12-22",
        "close": 291.292725,
        "volume": 10972992,
        "typical_volume": 11281394.9,
        "trend": 214.337127,
        "fair_value": 160.74983,
        "relative_strength": 39.433106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.983403,
        "energy": 73.476724,
        "activity_lines": [
          291.926738,
          276.524498,
          254.096517,
          237.765535
        ]
      },
      {
        "date": "2023-12-29",
        "close": 293.860443,
        "volume": 11419484,
        "typical_volume": 11361258.25,
        "trend": 219.036849,
        "fair_value": 161.831853,
        "relative_strength": 36.779984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.153371,
        "energy": 56.029614,
        "activity_lines": [
          292.9348,
          282.310928,
          259.375089,
          242.896072
        ]
      },
      {
        "date": "2024-01-05",
        "close": 296.71347,
        "volume": 14614671,
        "typical_volume": 11947136.1,
        "trend": 223.926503,
        "fair_value": 162.904406,
        "relative_strength": 36.903813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.433409,
        "energy": 52.819107,
        "activity_lines": [
          293.923848,
          287.55183,
          264.520195,
          247.907467
        ]
      },
      {
        "date": "2024-01-12",
        "close": 293.289825,
        "volume": 4878196,
        "typical_volume": 11929453.65,
        "trend": 228.561369,
        "fair_value": 163.988544,
        "relative_strength": 33.04327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.478333,
        "energy": 50.547057,
        "activity_lines": [
          294.110872,
          290.696193,
          268.859959,
          252.38252
        ]
      },
      {
        "date": "2024-01-19",
        "close": 316.684601,
        "volume": 33935876,
        "typical_volume": 13145748.05,
        "trend": 233.946031,
        "fair_value": 165.251505,
        "relative_strength": 43.8398,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.548512,
        "energy": 56.700313,
        "activity_lines": [
          301.715755,
          296.837962,
          275.018558,
          258.06789
        ]
      },
      {
        "date": "2024-01-26",
        "close": 324.245056,
        "volume": 13065773,
        "typical_volume": 13530740.95,
        "trend": 239.61906,
        "fair_value": 166.587116,
        "relative_strength": 47.321851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.27276,
        "energy": 59.073872,
        "activity_lines": [
          310.341369,
          302.87252,
          281.484711,
          263.893633
        ]
      },
      {
        "date": "2024-02-02",
        "close": 337.844421,
        "volume": 17315966,
        "typical_volume": 14234883.2,
        "trend": 245.212763,
        "fair_value": 167.974449,
        "relative_strength": 48.001613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.860654,
        "energy": 72.58887,
        "activity_lines": [
          321.303283,
          310.135602,
          288.787295,
          270.230753
        ]
      },
      {
        "date": "2024-02-09",
        "close": 312.096222,
        "volume": 10100029,
        "typical_volume": 14633738.4,
        "trend": 249.655794,
        "fair_value": 169.190958,
        "relative_strength": 35.67524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.770375,
        "energy": 56.141318,
        "activity_lines": [
          320.750199,
          311.652933,
          293.072954,
          274.545815
        ]
      },
      {
        "date": "2024-02-16",
        "close": 279.714325,
        "volume": 10625998,
        "typical_volume": 15026360.9,
        "trend": 253.103197,
        "fair_value": 170.17782,
        "relative_strength": 19.214627,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.208295,
        "energy": 40.996984,
        "activity_lines": [
          308.377633,
          307.095467,
          293.760966,
          276.485075
        ]
      },
      {
        "date": "2024-02-23",
        "close": 269.096527,
        "volume": 8488805,
        "typical_volume": 15353063.9,
        "trend": 256.258314,
        "fair_value": 171.060801,
        "relative_strength": 12.994699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.255725,
        "energy": 19.157192,
        "activity_lines": [
          293.370833,
          300.750574,
          293.111587,
          277.516903
        ]
      },
      {
        "date": "2024-03-01",
        "close": 262.898804,
        "volume": 6250250,
        "typical_volume": 14141711.75,
        "trend": 258.505085,
        "fair_value": 171.854244,
        "relative_strength": 9.106407,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.576872,
        "energy": 20.186625,
        "activity_lines": [
          279.470665,
          293.735127,
          291.565316,
          277.945322
        ]
      },
      {
        "date": "2024-03-08",
        "close": 295.617004,
        "volume": 24503181,
        "typical_volume": 14243021.5,
        "trend": 261.399915,
        "fair_value": 172.878686,
        "relative_strength": 20.813359,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.142984,
        "energy": 24.455956,
        "activity_lines": [
          280.566313,
          293.184697,
          293.020295,
          280.339639
        ]
      },
      {
        "date": "2024-03-15",
        "close": 266.021698,
        "volume": 9830266,
        "typical_volume": 14421211.5,
        "trend": 263.731817,
        "fair_value": 173.762384,
        "relative_strength": 10.303441,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.301451,
        "energy": 16.442922,
        "activity_lines": [
          274.61202,
          287.221365,
          291.369574,
          280.637819
        ]
      },
      {
        "date": "2024-03-22",
        "close": 274.045135,
        "volume": 7080632,
        "typical_volume": 14486431.75,
        "trend": 265.955001,
        "fair_value": 174.746204,
        "relative_strength": 12.44383,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.346114,
        "energy": 15.400697,
        "activity_lines": [
          274.403841,
          283.274872,
          290.243079,
          281.303194
        ]
      },
      {
        "date": "2024-03-29",
        "close": 267.655212,
        "volume": 3720644,
        "typical_volume": 14070600.45,
        "trend": 267.208113,
        "fair_value": 175.588885,
        "relative_strength": 7.896021,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.459864,
        "energy": 10.621739,
        "activity_lines": [
          272.443634,
          278.516478,
          288.270658,
          281.412885
        ]
      },
      {
        "date": "2024-04-05",
        "close": 306.042603,
        "volume": 18843880,
        "typical_volume": 14343073.6,
        "trend": 269.81259,
        "fair_value": 176.65889,
        "relative_strength": 21.16075,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.94953,
        "energy": 15.974029,
        "activity_lines": [
          283.375311,
          281.629053,
          289.799552,
          283.918336
        ]
      },
      {
        "date": "2024-04-12",
        "close": 319.158752,
        "volume": 17489978,
        "typical_volume": 13424449.0,
        "trend": 273.142744,
        "fair_value": 177.837319,
        "relative_strength": 25.019773,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.000352,
        "energy": 25.425871,
        "activity_lines": [
          295.802785,
          287.457336,
          292.33845,
          287.101959
        ]
      },
      {
        "date": "2024-04-19",
        "close": 315.795654,
        "volume": 10072839,
        "typical_volume": 13064059.2,
        "trend": 276.861658,
        "fair_value": 179.014616,
        "relative_strength": 24.482002,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.1155,
        "energy": 31.416524,
        "activity_lines": [
          305.539776,
          293.013886,
          294.367296,
          289.85376
        ]
      },
      {
        "date": "2024-04-26",
        "close": 402.035278,
        "volume": 56017431,
        "typical_volume": 15173402.4,
        "trend": 283.222228,
        "fair_value": 180.66806,
        "relative_strength": 54.036991,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 84.326539,
        "energy": 76.720105,
        "activity_lines": [
          340.705045,
          314.183105,
          304.542801,
          297.929477
        ]
      },
      {
        "date": "2024-05-03",
        "close": 428.075378,
        "volume": 33579120,
        "typical_volume": 16140300.55,
        "trend": 290.667948,
        "fair_value": 182.426865,
        "relative_strength": 60.736827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.410054,
        "energy": 88.883065,
        "activity_lines": [
          376.017671,
          337.862871,
          316.653308,
          307.274842
        ]
      },
      {
        "date": "2024-05-10",
        "close": 393.00296,
        "volume": 15438811,
        "typical_volume": 16363591.5,
        "trend": 295.808138,
        "fair_value": 183.953571,
        "relative_strength": 48.062341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.399207,
        "energy": 83.78488,
        "activity_lines": [
          388.944814,
          352.275309,
          324.786051,
          313.877101
        ]
      },
      {
        "date": "2024-05-17",
        "close": 504.321747,
        "volume": 38808768,
        "typical_volume": 17733055.7,
        "trend": 304.77466,
        "fair_value": 186.244789,
        "relative_strength": 82.356137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.439793,
        "energy": 97.11991,
        "activity_lines": [
          433.180861,
          384.561996,
          343.036249,
          327.329592
        ]
      },
      {
        "date": "2024-05-24",
        "close": 481.164368,
        "volume": 15588815,
        "typical_volume": 17781762.9,
        "trend": 313.625461,
        "fair_value": 188.362936,
        "relative_strength": 66.928812,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.392122,
        "energy": 91.877978,
        "activity_lines": [
          457.353583,
          408.843619,
          358.078786,
          338.709573
        ]
      },
      {
        "date": "2024-05-31",
        "close": 483.75882,
        "volume": 14756867,
        "typical_volume": 18275696.45,
        "trend": 322.277443,
        "fair_value": 190.438112,
        "relative_strength": 67.610525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.768447,
        "energy": 87.356132,
        "activity_lines": [
          471.366541,
          429.685276,
          372.490075,
          349.685918
        ]
      },
      {
        "date": "2024-06-07",
        "close": 472.276184,
        "volume": 21114145,
        "typical_volume": 17634609.9,
        "trend": 330.180534,
        "fair_value": 192.384555,
        "relative_strength": 55.450148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.052766,
        "energy": 72.845734,
        "activity_lines": [
          476.103717,
          444.626204,
          384.900785,
          359.363257
        ]
      },
      {
        "date": "2024-06-14",
        "close": 510.90387,
        "volume": 22469299,
        "typical_volume": 18104786.2,
        "trend": 338.683321,
        "fair_value": 194.622824,
        "relative_strength": 63.631406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.581014,
        "energy": 65.516233,
        "activity_lines": [
          490.770069,
          462.869967,
          400.24941,
          371.022827
        ]
      },
      {
        "date": "2024-06-21",
        "close": 499.853668,
        "volume": 7831326,
        "typical_volume": 17630554.2,
        "trend": 346.034774,
        "fair_value": 196.745767,
        "relative_strength": 56.911881,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.964329,
        "energy": 60.40567,
        "activity_lines": [
          493.892959,
          475.379852,
          413.656784,
          381.420914
        ]
      },
      {
        "date": "2024-06-28",
        "close": 475.01474,
        "volume": 23809271,
        "typical_volume": 18316016.3,
        "trend": 351.808554,
        "fair_value": 198.714522,
        "relative_strength": 43.556209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.054726,
        "energy": 51.987537,
        "activity_lines": [
          489.034078,
          480.088206,
          423.927072,
          389.742202
        ]
      },
      {
        "date": "2024-07-05",
        "close": 521.137268,
        "volume": 24250048,
        "typical_volume": 18997218.8,
        "trend": 359.593669,
        "fair_value": 200.997403,
        "relative_strength": 52.774367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.537033,
        "energy": 53.985816,
        "activity_lines": [
          499.959349,
          490.287582,
          437.81418,
          400.666635
        ]
      },
      {
        "date": "2024-07-12",
        "close": 507.973206,
        "volume": 17935170,
        "typical_volume": 19469537.05,
        "trend": 366.719665,
        "fair_value": 203.196178,
        "relative_strength": 45.51835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.510383,
        "energy": 47.386781,
        "activity_lines": [
          504.004702,
          495.928001,
          449.297935,
          410.239508
        ]
      },
      {
        "date": "2024-07-19",
        "close": 469.24939,
        "volume": 7876218,
        "typical_volume": 19550835.45,
        "trend": 372.651554,
        "fair_value": 205.180024,
        "relative_strength": 32.444047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.917112,
        "energy": 36.096914,
        "activity_lines": [
          492.762315,
          493.075038,
          455.956199,
          416.854329
        ]
      },
      {
        "date": "2024-07-26",
        "close": 475.399078,
        "volume": 8365038,
        "typical_volume": 18743928.3,
        "trend": 378.702842,
        "fair_value": 207.162156,
        "relative_strength": 30.750827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.360364,
        "energy": 33.869889,
        "activity_lines": [
          486.34679,
          489.953902,
          462.217525,
          423.483202
        ]
      },
      {
        "date": "2024-08-02",
        "close": 455.796967,
        "volume": 12807708,
        "typical_volume": 18892800.4,
        "trend": 384.005625,
        "fair_value": 209.059208,
        "relative_strength": 24.575362,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.12053,
        "energy": 24.250158,
        "activity_lines": [
          475.027533,
          483.794613,
          465.755879,
          428.457016
        ]
      },
      {
        "date": "2024-08-09",
        "close": 424.231812,
        "volume": 5229798,
        "typical_volume": 18800258.7,
        "trend": 388.370358,
        "fair_value": 210.762315,
        "relative_strength": 16.605023,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.872133,
        "energy": 19.900733,
        "activity_lines": [
          454.467743,
          472.35743,
          465.384336,
          431.052254
        ]
      },
      {
        "date": "2024-08-16",
        "close": 390.408539,
        "volume": 5628437,
        "typical_volume": 18895648.35,
        "trend": 390.827823,
        "fair_value": 212.33703,
        "relative_strength": 5.765033,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.320261,
        "energy": 16.617594,
        "activity_lines": [
          429.093893,
          455.85287,
          461.076355,
          431.18375
        ]
      },
      {
        "date": "2024-08-23",
        "close": 396.029755,
        "volume": 8742059,
        "typical_volume": 18390557.3,
        "trend": 393.220646,
        "fair_value": 213.967647,
        "relative_strength": 5.369648,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.664502,
        "energy": 23.372367,
        "activity_lines": [
          413.431425,
          441.858852,
          456.719187,
          431.519358
        ]
      },
      {
        "date": "2024-08-30",
        "close": 387.413666,
        "volume": 5662548,
        "typical_volume": 17799185.8,
        "trend": 394.872954,
        "fair_value": 215.503297,
        "relative_strength": 0.940749,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -9.167004,
        "energy": 33.000159,
        "activity_lines": [
          399.778237,
          428.386893,
          451.112929,
          431.144714
        ]
      },
      {
        "date": "2024-09-06",
        "close": 384.56076,
        "volume": 8893466,
        "typical_volume": 17740217.15,
        "trend": 397.288439,
        "fair_value": 217.025739,
        "relative_strength": 1.235766,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.441194,
        "energy": 55.534269,
        "activity_lines": [
          391.039775,
          416.440587,
          444.909943,
          430.479411
        ]
      },
      {
        "date": "2024-09-13",
        "close": 384.17392,
        "volume": 4841391,
        "typical_volume": 15181415.15,
        "trend": 400.770425,
        "fair_value": 218.550595,
        "relative_strength": -1.410116,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.01161,
        "energy": 55.212614,
        "activity_lines": [
          386.921446,
          406.068564,
          438.342662,
          429.633313
        ]
      },
      {
        "date": "2024-09-20",
        "close": 368.555573,
        "volume": 4036419,
        "typical_volume": 13704280.1,
        "trend": 404.085727,
        "fair_value": 219.987423,
        "relative_strength": -7.464184,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.007064,
        "energy": 51.402085,
        "activity_lines": [
          380.267527,
          395.347085,
          430.372973,
          427.554936
        ]
      },
      {
        "date": "2024-09-27",
        "close": 386.591644,
        "volume": 8026781,
        "typical_volume": 13333678.6,
        "trend": 408.208822,
        "fair_value": 221.524899,
        "relative_strength": -4.849702,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.604777,
        "energy": 42.97455,
        "activity_lines": [
          381.082497,
          390.439757,
          424.404433,
          426.426285
        ]
      },
      {
        "date": "2024-10-04",
        "close": 373.29425,
        "volume": 4967492,
        "typical_volume": 11641614.8,
        "trend": 410.798063,
        "fair_value": 222.963319,
        "relative_strength": -4.379987,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.909584,
        "energy": 40.60782,
        "activity_lines": [
          378.09421,
          384.61759,
          417.200004,
          424.173732
        ]
      },
      {
        "date": "2024-10-11",
        "close": 370.151215,
        "volume": 6210261,
        "typical_volume": 11172687.1,
        "trend": 414.269047,
        "fair_value": 224.363744,
        "relative_strength": -5.313178,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.430492,
        "energy": 45.93257,
        "activity_lines": [
          374.999538,
          380.080413,
          410.32018,
          421.551355
        ]
      },
      {
        "date": "2024-10-18",
        "close": 355.935089,
        "volume": 2495750,
        "typical_volume": 10559631.25,
        "trend": 416.998712,
        "fair_value": 225.717944,
        "relative_strength": -8.801326,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -44.602004,
        "energy": 58.184114,
        "activity_lines": [
          368.126794,
          374.515681,
          402.615072,
          417.787874
        ]
      },
      {
        "date": "2024-10-25",
        "close": 317.39682,
        "volume": 4503511,
        "typical_volume": 9729099.55,
        "trend": 418.656766,
        "fair_value": 226.853889,
        "relative_strength": -16.595778,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.242159,
        "energy": 83.888818,
        "activity_lines": [
          350.29055,
          363.18575,
          391.848338,
          411.361945
        ]
      },
      {
        "date": "2024-11-01",
        "close": 323.586182,
        "volume": 3634977,
        "typical_volume": 8787383.45,
        "trend": 419.241552,
        "fair_value": 227.95323,
        "relative_strength": -15.572395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.151189,
        "energy": 86.847587,
        "activity_lines": [
          337.928009,
          354.308643,
          382.408588,
          405.228359
        ]
      },
      {
        "date": "2024-11-08",
        "close": 314.979126,
        "volume": 4714948,
        "typical_volume": 8631564.55,
        "trend": 419.102231,
        "fair_value": 228.955372,
        "relative_strength": -17.381025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.979838,
        "energy": 89.470357,
        "activity_lines": [
          326.896814,
          345.183773,
          373.041107,
          398.501751
        ]
      },
      {
        "date": "2024-11-15",
        "close": 286.982086,
        "volume": 3508136,
        "typical_volume": 7616507.8,
        "trend": 418.141779,
        "fair_value": 229.800498,
        "relative_strength": -22.683308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.742756,
        "energy": 93.868477,
        "activity_lines": [
          310.420947,
          332.285524,
          361.887596,
          389.977871
        ]
      },
      {
        "date": "2024-11-22",
        "close": 285.434692,
        "volume": 4038508,
        "typical_volume": 6605930.8,
        "trend": 414.255092,
        "fair_value": 230.643765,
        "relative_strength": -24.10407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.382483,
        "energy": 91.357548,
        "activity_lines": [
          298.973891,
          320.880087,
          351.482108,
          381.416123
        ]
      },
      {
        "date": "2024-11-29",
        "close": 305.356628,
        "volume": 5979249,
        "typical_volume": 6008134.75,
        "trend": 410.164467,
        "fair_value": 231.624811,
        "relative_strength": -19.339553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.373295,
        "energy": 80.643575,
        "activity_lines": [
          298.867507,
          314.89208,
          344.09634,
          374.390416
        ]
      },
      {
        "date": "2024-12-06",
        "close": 343.653137,
        "volume": 12305381,
        "typical_volume": 6229592.9,
        "trend": 408.519473,
        "fair_value": 232.834364,
        "relative_strength": -11.257461,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.754011,
        "energy": 58.313129,
        "activity_lines": [
          312.329305,
          317.016146,
          341.3227,
          370.099362
        ]
      },
      {
        "date": "2024-12-13",
        "close": 349.649048,
        "volume": 5655261,
        "typical_volume": 6094104.05,
        "trend": 403.363717,
        "fair_value": 234.090124,
        "relative_strength": -10.08374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.656211,
        "energy": 39.858774,
        "activity_lines": [
          326.451943,
          321.011078,
          339.718176,
          366.30127
        ]
      },
      {
        "date": "2024-12-20",
        "close": 325.423645,
        "volume": 3760306,
        "typical_volume": 5641733.95,
        "trend": 398.172359,
        "fair_value": 235.139357,
        "relative_strength": -12.140599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.685481,
        "energy": 26.804392,
        "activity_lines": [
          330.188118,
          321.031304,
          336.405281,
          361.272879
        ]
      },
      {
        "date": "2024-12-27",
        "close": 317.63858,
        "volume": 3599684,
        "typical_volume": 5560228.25,
        "trend": 392.635018,
        "fair_value": 236.202012,
        "relative_strength": -15.036848,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.00385,
        "energy": 26.436529,
        "activity_lines": [
          328.766502,
          320.449292,
          332.971776,
          356.077151
        ]
      },
      {
        "date": "2025-01-03",
        "close": 337.657227,
        "volume": 5236238,
        "typical_volume": 5540618.3,
        "trend": 388.147719,
        "fair_value": 237.394719,
        "relative_strength": -10.445978,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.899197,
        "energy": 20.805521,
        "activity_lines": [
          331.870842,
          324.203335,
          331.952396,
          352.530197
        ]
      },
      {
        "date": "2025-01-10",
        "close": 341.090363,
        "volume": 11783422,
        "typical_volume": 5692686.45,
        "trend": 382.487269,
        "fair_value": 238.596479,
        "relative_strength": -7.453817,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.777021,
        "energy": 20.745407,
        "activity_lines": [
          333.966187,
          328.213212,
          331.511178,
          349.494238
        ]
      },
      {
        "date": "2025-01-17",
        "close": 345.974121,
        "volume": 12141585,
        "typical_volume": 6016638.3,
        "trend": 377.357951,
        "fair_value": 239.821486,
        "relative_strength": -5.235759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.62843,
        "energy": 12.065297,
        "activity_lines": [
          337.860303,
          332.792788,
          331.796696,
          347.138551
        ]
      },
      {
        "date": "2025-01-24",
        "close": 303.083984,
        "volume": 6282250,
        "typical_volume": 5886077.5,
        "trend": 371.626926,
        "fair_value": 240.777314,
        "relative_strength": -16.37398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.591525,
        "energy": 24.798969,
        "activity_lines": [
          327.702702,
          329.010612,
          328.19477,
          342.346682
        ]
      },
      {
        "date": "2025-01-31",
        "close": 296.266083,
        "volume": 6324360,
        "typical_volume": 5960225.95,
        "trend": 364.13122,
        "fair_value": 241.64626,
        "relative_strength": -19.420338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.072402,
        "energy": 36.778609,
        "activity_lines": [
          316.761778,
          323.696056,
          324.331505,
          337.484693
        ]
      },
      {
        "date": "2025-02-07",
        "close": 310.385468,
        "volume": 6480659,
        "typical_volume": 6082437.95,
        "trend": 357.544962,
        "fair_value": 242.564266,
        "relative_strength": -15.64515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.061327,
        "energy": 36.567442,
        "activity_lines": [
          311.952149,
          320.751726,
          322.231552,
          334.017225
        ]
      },
      {
        "date": "2025-02-14",
        "close": 287.400238,
        "volume": 4137696,
        "typical_volume": 5887983.7,
        "trend": 351.483323,
        "fair_value": 243.389044,
        "relative_strength": -19.728006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.724286,
        "energy": 62.144693,
        "activity_lines": [
          301.298893,
          313.53683,
          318.21953,
          329.491759
        ]
      },
      {
        "date": "2025-02-21",
        "close": 316.654816,
        "volume": 4907460,
        "typical_volume": 5884982.1,
        "trend": 346.191848,
        "fair_value": 244.433334,
        "relative_strength": -11.233917,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.535926,
        "energy": 47.236028,
        "activity_lines": [
          303.976506,
          312.663729,
          317.465998,
          327.244758
        ]
      },
      {
        "date": "2025-02-28",
        "close": 284.460083,
        "volume": 2815517,
        "typical_volume": 5715244.9,
        "trend": 340.480618,
        "fair_value": 245.259236,
        "relative_strength": -17.949511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.609317,
        "energy": 46.217849,
        "activity_lines": [
          297.877161,
          306.536934,
          313.916013,
          323.262064
        ]
      },
      {
        "date": "2025-03-07",
        "close": 325.91629,
        "volume": 7540713,
        "typical_volume": 5967493.05,
        "trend": 337.203434,
        "fair_value": 246.312211,
        "relative_strength": -7.922951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.474353,
        "energy": 27.8104,
        "activity_lines": [
          306.838145,
          308.692424,
          314.722291,
          322.32243
        ]
      },
      {
        "date": "2025-03-14",
        "close": 308.079346,
        "volume": 2472500,
        "typical_volume": 5865942.5,
        "trend": 334.459128,
        "fair_value": 247.270182,
        "relative_strength": -12.538314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.720199,
        "energy": 18.520918,
        "activity_lines": [
          307.876801,
          307.454329,
          313.972759,
          320.443456
        ]
      },
      {
        "date": "2025-03-21",
        "close": 332.18866,
        "volume": 3225214,
        "typical_volume": 5845454.35,
        "trend": 332.331091,
        "fair_value": 248.353989,
        "relative_strength": -9.74489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.470449,
        "energy": 10.147263,
        "activity_lines": [
          317.105636,
          311.137526,
          315.563721,
          320.296974
        ]
      },
      {
        "date": "2025-03-28",
        "close": 316.556824,
        "volume": 4244047,
        "typical_volume": 5821909.3,
        "trend": 329.969197,
        "fair_value": 249.271966,
        "relative_strength": -14.762882,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.443913,
        "energy": 15.381703,
        "activity_lines": [
          318.137964,
          312.140419,
          315.624973,
          319.27928
        ]
      },
      {
        "date": "2025-04-04",
        "close": 306.952301,
        "volume": 2786794,
        "typical_volume": 5785842.2,
        "trend": 327.382248,
        "fair_value": 250.135994,
        "relative_strength": -15.110282,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.932062,
        "energy": 14.10615,
        "activity_lines": [
          315.975318,
          311.931896,
          314.763995,
          317.794319
        ]
      },
      {
        "date": "2025-04-11",
        "close": 300.189911,
        "volume": 2338940,
        "typical_volume": 5700863.8,
        "trend": 324.582781,
        "fair_value": 250.982747,
        "relative_strength": -16.600535,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.246229,
        "energy": 17.405493,
        "activity_lines": [
          310.05906,
          310.423514,
          313.163884,
          316.039974
        ]
      },
      {
        "date": "2025-04-18",
        "close": 317.29184,
        "volume": 1875015,
        "typical_volume": 5495652.1,
        "trend": 322.87399,
        "fair_value": 251.950261,
        "relative_strength": -15.531875,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.448819,
        "energy": 16.87692,
        "activity_lines": [
          311.558537,
          311.953232,
          313.122266,
          315.569591
        ]
      },
      {
        "date": "2025-04-25",
        "close": 310.872498,
        "volume": 3741400,
        "typical_volume": 5067453.05,
        "trend": 320.350018,
        "fair_value": 252.901235,
        "relative_strength": -17.38255,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.163647,
        "energy": 18.722777,
        "activity_lines": [
          310.304067,
          312.190226,
          312.412447,
          314.795301
        ]
      },
      {
        "date": "2025-05-02",
        "close": 329.787506,
        "volume": 8983590,
        "typical_volume": 5233869.5,
        "trend": 318.899794,
        "fair_value": 254.009201,
        "relative_strength": -12.873312,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.48022,
        "energy": 3.671187,
        "activity_lines": [
          316.775678,
          315.439544,
          313.660155,
          315.404171
        ]
      },
      {
        "date": "2025-05-09",
        "close": 315.184723,
        "volume": 5531575,
        "typical_volume": 5322432.95,
        "trend": 317.067577,
        "fair_value": 255.121997,
        "relative_strength": -15.06367,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.632226,
        "energy": 4.846725,
        "activity_lines": [
          317.497648,
          315.795034,
          313.611701,
          315.164489
        ]
      },
      {
        "date": "2025-05-16",
        "close": 356.64093,
        "volume": 7508930,
        "typical_volume": 5517895.25,
        "trend": 317.091105,
        "fair_value": 256.424951,
        "relative_strength": -6.828781,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.743889,
        "energy": 42.147613,
        "activity_lines": [
          331.489526,
          323.129387,
          317.560214,
          317.717609
        ]
      },
      {
        "date": "2025-05-23",
        "close": 368.597565,
        "volume": 5495999,
        "typical_volume": 5530883.3,
        "trend": 318.797797,
        "fair_value": 257.854942,
        "relative_strength": -2.30691,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 72.756172,
        "energy": 64.817609,
        "activity_lines": [
          345.703548,
          332.079043,
          322.461729,
          321.040606
        ]
      },
      {
        "date": "2025-05-30",
        "close": 369.626617,
        "volume": 4049123,
        "typical_volume": 5144168.35,
        "trend": 320.332478,
        "fair_value": 259.284791,
        "relative_strength": -0.807257,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.079996,
        "energy": 70.972088,
        "activity_lines": [
          356.840206,
          340.115469,
          327.313914,
          324.319885
        ]
      },
      {
        "date": "2025-06-06",
        "close": 379.623169,
        "volume": 7347231,
        "typical_volume": 4904450.65,
        "trend": 322.487279,
        "fair_value": 260.812704,
        "relative_strength": 1.50779,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.635336,
        "energy": 79.075656,
        "activity_lines": [
          367.392106,
          349.28876,
          332.982264,
          328.145091
        ]
      },
      {
        "date": "2025-06-13",
        "close": 375.212921,
        "volume": 6021050,
        "typical_volume": 4891390.65,
        "trend": 325.428307,
        "fair_value": 262.3935,
        "relative_strength": 2.350661,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.202656,
        "energy": 75.326445,
        "activity_lines": [
          373.151546,
          356.513526,
          338.070357,
          331.546745
        ]
      },
      {
        "date": "2025-06-20",
        "close": 354.092773,
        "volume": 2771152,
        "typical_volume": 4713730.25,
        "trend": 327.71691,
        "fair_value": 263.823968,
        "relative_strength": -4.033061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.02492,
        "energy": 61.828758,
        "activity_lines": [
          367.869057,
          358.657163,
          340.803537,
          333.396066
        ]
      },
      {
        "date": "2025-06-27",
        "close": 377.320007,
        "volume": 3597770,
        "typical_volume": 4569585.8,
        "trend": 330.115689,
        "fair_value": 265.411532,
        "relative_strength": 0.834982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.604181,
        "energy": 50.515461,
        "activity_lines": [
          370.498856,
          364.043882,
          345.473468,
          336.596266
        ]
      },
      {
        "date": "2025-07-04",
        "close": 380.11319,
        "volume": 3888784,
        "typical_volume": 4557140.2,
        "trend": 331.331024,
        "fair_value": 266.984774,
        "relative_strength": 3.169808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.721074,
        "energy": 45.915413,
        "activity_lines": [
          373.478221,
          368.847031,
          350.090682,
          339.821911
        ]
      },
      {
        "date": "2025-07-11",
        "close": 362.668243,
        "volume": 2129692,
        "typical_volume": 4418251.8,
        "trend": 331.764997,
        "fair_value": 268.462011,
        "relative_strength": 0.495676,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.516586,
        "energy": 37.636442,
        "activity_lines": [
          369.943498,
          369.21945,
          352.604981,
          341.843667
        ]
      },
      {
        "date": "2025-07-18",
        "close": 374.575867,
        "volume": 2382664,
        "typical_volume": 4396609.15,
        "trend": 333.403405,
        "fair_value": 269.919777,
        "relative_strength": 5.131053,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.787537,
        "energy": 40.3727,
        "activity_lines": [
          371.508311,
          371.159059,
          356.034228,
          344.605658
        ]
      },
      {
        "date": "2025-07-25",
        "close": 368.156525,
        "volume": 4079770,
        "typical_volume": 4223562.0,
        "trend": 335.087336,
        "fair_value": 271.363347,
        "relative_strength": 4.484246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.55966,
        "energy": 34.468689,
        "activity_lines": [
          370.975814,
          370.851677,
          358.422987,
          346.847795
        ]
      },
      {
        "date": "2025-08-01",
        "close": 329.346466,
        "volume": 4342595,
        "typical_volume": 4317066.75,
        "trend": 334.810311,
        "fair_value": 272.534989,
        "relative_strength": -4.847389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 19.798657,
        "energy": 14.691931,
        "activity_lines": [
          356.569047,
          363.278546,
          356.914406,
          346.477416
        ]
      },
      {
        "date": "2025-08-08",
        "close": 316.066772,
        "volume": 2857662,
        "typical_volume": 4298689.15,
        "trend": 333.976191,
        "fair_value": 273.616232,
        "relative_strength": -7.365834,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -6.818601,
        "energy": 16.647165,
        "activity_lines": [
          340.933952,
          354.004581,
          354.039819,
          345.268156
        ]
      },
      {
        "date": "2025-08-15",
        "close": 314.694733,
        "volume": 1756026,
        "typical_volume": 4174288.1,
        "trend": 332.933545,
        "fair_value": 274.678427,
        "relative_strength": -8.377423,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -30.721326,
        "energy": 36.019625,
        "activity_lines": [
          329.111271,
          345.45497,
          351.111334,
          344.024191
        ]
      },
      {
        "date": "2025-08-22",
        "close": 323.172119,
        "volume": 1306059,
        "typical_volume": 4100251.35,
        "trend": 333.603149,
        "fair_value": 275.783244,
        "relative_strength": -6.43078,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.669286,
        "energy": 43.00508,
        "activity_lines": [
          323.31262,
          339.627219,
          348.999085,
          343.394421
        ]
      },
      {
        "date": "2025-08-29",
        "close": 323.66214,
        "volume": 1312403,
        "typical_volume": 4048924.5,
        "trend": 334.516351,
        "fair_value": 276.864542,
        "relative_strength": -4.309965,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.051938,
        "energy": 50.631995,
        "activity_lines": [
          321.104226,
          334.834759,
          346.856268,
          342.753066
        ]
      },
      {
        "date": "2025-09-05",
        "close": 345.125305,
        "volume": 8430040,
        "typical_volume": 4376675.75,
        "trend": 335.674346,
        "fair_value": 278.087458,
        "relative_strength": 0.953701,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.906511,
        "energy": 32.644032,
        "activity_lines": [
          329.016512,
          334.497977,
          346.64579,
          343.437515
        ]
      },
      {
        "date": "2025-09-12",
        "close": 347.379456,
        "volume": 3076191,
        "typical_volume": 4343415.3,
        "trend": 337.673653,
        "fair_value": 279.347492,
        "relative_strength": 0.287957,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -0.386197,
        "energy": 6.492762,
        "activity_lines": [
          336.628259,
          335.156399,
          346.517452,
          344.192683
        ]
      },
      {
        "date": "2025-09-19",
        "close": 350.085571,
        "volume": 2426720,
        "typical_volume": 4015571.8,
        "trend": 338.788012,
        "fair_value": 280.654703,
        "relative_strength": 0.284387,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.958617,
        "energy": 12.901628,
        "activity_lines": [
          343.054533,
          336.902,
          346.472997,
          344.993452
        ]
      },
      {
        "date": "2025-09-26",
        "close": 348.904144,
        "volume": 3973734,
        "typical_volume": 3937679.75,
        "trend": 340.936147,
        "fair_value": 281.99968,
        "relative_strength": 2.759824,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.471966,
        "energy": 19.605654,
        "activity_lines": [
          346.727608,
          338.661573,
          346.219367,
          345.646106
        ]
      },
      {
        "date": "2025-10-03",
        "close": 385.625732,
        "volume": 8437578,
        "typical_volume": 3984112.15,
        "trend": 342.926462,
        "fair_value": 283.553803,
        "relative_strength": 12.393156,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 64.25747,
        "energy": 42.369935,
        "activity_lines": [
          360.925744,
          347.564556,
          349.302463,
          348.529305
        ]
      },
      {
        "date": "2025-10-10",
        "close": 381.047821,
        "volume": 9783806,
        "typical_volume": 4198502.5,
        "trend": 345.358744,
        "fair_value": 285.09081,
        "relative_strength": 9.304089,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 68.916733,
        "energy": 58.437388,
        "activity_lines": [
          369.467004,
          355.31757,
          351.811544,
          350.988747
        ]
      },
      {
        "date": "2025-10-17",
        "close": 363.17926,
        "volume": 4871172,
        "typical_volume": 4239604.95,
        "trend": 346.391764,
        "fair_value": 286.500151,
        "relative_strength": 2.486225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.118679,
        "energy": 53.584619,
        "activity_lines": [
          369.657243,
          358.88173,
          352.559571,
          352.138458
        ]
      },
      {
        "date": "2025-10-24",
        "close": 368.052551,
        "volume": 2390757,
        "typical_volume": 3991781.25,
        "trend": 348.108289,
        "fair_value": 287.930588,
        "relative_strength": 3.353253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.487052,
        "energy": 54.554528,
        "activity_lines": [
          370.418591,
          362.475353,
          353.802423,
          353.535928
        ]
      },
      {
        "date": "2025-10-31",
        "close": 360.2258,
        "volume": 2416029,
        "typical_volume": 3811530.2,
        "trend": 349.884072,
        "fair_value": 289.302502,
        "relative_strength": 1.345201,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.112438,
        "energy": 35.057467,
        "activity_lines": [
          367.373224,
          363.675787,
          354.354967,
          354.317703
        ]
      },
      {
        "date": "2025-11-07",
        "close": 352.596008,
        "volume": 1891828,
        "typical_volume": 3767564.0,
        "trend": 351.630942,
        "fair_value": 290.619839,
        "relative_strength": -0.016757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 24.280037,
        "energy": 13.786971,
        "activity_lines": [
          361.029816,
          362.815284,
          354.252232,
          354.492666
        ]
      },
      {
        "date": "2025-11-14",
        "close": 352.221069,
        "volume": 4830427,
        "typical_volume": 3829196.85,
        "trend": 352.795249,
        "fair_value": 291.956549,
        "relative_strength": -1.924131,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.309235,
        "energy": 11.164058,
        "activity_lines": [
          356.763409,
          361.360539,
          354.120917,
          354.530739
        ]
      },
      {
        "date": "2025-11-21",
        "close": 322.292175,
        "volume": 2528778,
        "typical_volume": 3761196.55,
        "trend": 353.175905,
        "fair_value": 293.079034,
        "relative_strength": -10.854564,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -39.76889,
        "energy": 29.006602,
        "activity_lines": [
          344.442488,
          354.335163,
          351.258749,
          352.562799
        ]
      },
      {
        "date": "2025-11-28",
        "close": 334.956299,
        "volume": 5039829,
        "typical_volume": 3906703.4,
        "trend": 353.348198,
        "fair_value": 294.221849,
        "relative_strength": -7.844806,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.149124,
        "energy": 34.432646,
        "activity_lines": [
          339.068748,
          350.068488,
          349.878026,
          351.38734
        ]
      },
      {
        "date": "2025-12-05",
        "close": 322.984772,
        "volume": 2789846,
        "typical_volume": 3927062.5,
        "trend": 353.6082,
        "fair_value": 295.33207,
        "relative_strength": -10.885864,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -67.239508,
        "energy": 59.963623,
        "activity_lines": [
          331.910915,
          343.900249,
          347.489119,
          349.42841
        ]
      },
      {
        "date": "2025-12-12",
        "close": 325.210876,
        "volume": 3483915,
        "typical_volume": 3897269.75,
        "trend": 352.560532,
        "fair_value": 296.41659,
        "relative_strength": -9.586183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.813671,
        "energy": 62.78974,
        "activity_lines": [
          327.977852,
          338.608018,
          345.557895,
          347.596324
        ]
      },
      {
        "date": "2025-12-19",
        "close": 319.472443,
        "volume": 3458755,
        "typical_volume": 3853077.75,
        "trend": 350.923027,
        "fair_value": 297.553514,
        "relative_strength": -10.720398,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.979206,
        "energy": 60.178392,
        "activity_lines": [
          323.957654,
          333.370887,
          343.284656,
          345.461609
        ]
      },
      {
        "date": "2025-12-26",
        "close": 360.977142,
        "volume": 8935492,
        "typical_volume": 4156969.25,
        "trend": 350.634712,
        "fair_value": 298.906679,
        "relative_strength": 0.51118,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.080964,
        "energy": 23.793242,
        "activity_lines": [
          335.955597,
          336.799617,
          345.011264,
          346.110261
        ]
      },
      {
        "date": "2026-01-02",
        "close": 371.217285,
        "volume": 7354376,
        "typical_volume": 4436886.75,
        "trend": 350.354515,
        "fair_value": 300.295658,
        "relative_strength": 2.233959,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.132666,
        "energy": 6.812548,
        "activity_lines": [
          348.787923,
          342.13023,
          347.499265,
          347.438169
        ]
      },
      {
        "date": "2026-01-09",
        "close": 333.175415,
        "volume": 11331539,
        "typical_volume": 4938160.75,
        "trend": 348.953265,
        "fair_value": 301.40379,
        "relative_strength": -5.72932,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.226945,
        "energy": 19.610594,
        "activity_lines": [
          346.522227,
          340.486599,
          346.095077,
          346.32984
        ]
      },
      {
        "date": "2026-01-16",
        "close": 341.090515,
        "volume": 4094464,
        "typical_volume": 5077263.8,
        "trend": 348.519857,
        "fair_value": 302.580856,
        "relative_strength": -3.310252,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.634361,
        "energy": 19.242895,
        "activity_lines": [
          346.215521,
          340.773902,
          345.397072,
          345.822566
        ]
      },
      {
        "date": "2026-01-23",
        "close": 329.118927,
        "volume": 4272339,
        "typical_volume": 4869378.75,
        "trend": 346.913154,
        "fair_value": 303.712202,
        "relative_strength": -4.300805,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.937432,
        "energy": 16.509661,
        "activity_lines": [
          340.859643,
          339.093743,
          343.475924,
          344.570893
        ]
      },
      {
        "date": "2026-01-30",
        "close": 361.966522,
        "volume": 8519137,
        "typical_volume": 5141526.05,
        "trend": 346.308265,
        "fair_value": 305.083343,
        "relative_strength": 3.873513,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.290923,
        "energy": 7.090967,
        "activity_lines": [
          345.809865,
          343.805914,
          344.759339,
          345.542078
        ]
      },
      {
        "date": "2026-02-06",
        "close": 311.950012,
        "volume": 6682303,
        "typical_volume": 5354305.2,
        "trend": 344.617657,
        "fair_value": 306.127714,
        "relative_strength": -11.651925,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.09495,
        "energy": 30.911895,
        "activity_lines": [
          334.021958,
          338.702821,
          341.209815,
          343.325417
        ]
      },
      {
        "date": "2026-02-13",
        "close": 307.299988,
        "volume": 3803478,
        "typical_volume": 5345792.4,
        "trend": 342.375128,
        "fair_value": 307.145925,
        "relative_strength": -12.150552,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.59977,
        "energy": 47.839555,
        "activity_lines": [
          324.635195,
          333.172566,
          337.399029,
          340.917825
        ]
      },
      {
        "date": "2026-02-20",
        "close": 298.200012,
        "volume": 2345117,
        "typical_volume": 5041169.35,
        "trend": 340.043244,
        "fair_value": 308.143492,
        "relative_strength": -14.819976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.308076,
        "energy": 60.458748,
        "activity_lines": [
          313.940135,
          326.272948,
          332.919694,
          338.067818
        ]
      },
      {
        "date": "2026-02-27",
        "close": 306.950012,
        "volume": 2226562,
        "typical_volume": 4663307.15,
        "trend": 339.296696,
        "fair_value": 309.165843,
        "relative_strength": -10.870002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.774529,
        "energy": 66.267579,
        "activity_lines": [
          309.021108,
          321.455345,
          329.690005,
          335.93277
        ]
      },
      {
        "date": "2026-03-06",
        "close": 292.850006,
        "volume": 3047465,
        "typical_volume": 4572121.8,
        "trend": 338.522804,
        "fair_value": 310.108446,
        "relative_strength": -12.125981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.579235,
        "energy": 69.132039,
        "activity_lines": [
          300.880007,
          314.301786,
          325.470305,
          332.93621
        ]
      },
      {
        "date": "2026-03-13",
        "close": 260.149994,
        "volume": 4816474,
        "typical_volume": 4693407.65,
        "trend": 336.704646,
        "fair_value": 310.86575,
        "relative_strength": -17.262942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.416413,
        "energy": 79.753252,
        "activity_lines": [
          286.446669,
          302.441445,
          318.47122,
          327.8799
        ]
      },
      {
        "date": "2026-03-20",
        "close": 291.600006,
        "volume": 36438023,
        "typical_volume": 6394507.35,
        "trend": 335.652242,
        "fair_value": 311.832864,
        "relative_strength": -6.901525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.872665,
        "energy": 62.531711,
        "activity_lines": [
          285.950004,
          298.318693,
          314.981195,
          324.969923
        ]
      },
      {
        "date": "2026-03-27",
        "close": 275.399994,
        "volume": 5463643,
        "typical_volume": 6573098.1,
        "trend": 334.043504,
        "fair_value": 312.73382,
        "relative_strength": -10.761239,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.575325,
        "energy": 66.427309,
        "activity_lines": [
          281.1,
          292.006401,
          310.275102,
          321.082681
        ]
      },
      {
        "date": "2026-04-03",
        "close": 293.200012,
        "volume": 4544873,
        "typical_volume": 6558820.4,
        "trend": 332.312661,
        "fair_value": 313.717877,
        "relative_strength": -4.481058,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.936728,
        "energy": 47.874519,
        "activity_lines": [
          283.703337,
          290.12485,
          307.631849,
          318.447617
        ]
      },
      {
        "date": "2026-04-10",
        "close": 305.700012,
        "volume": 6777971,
        "typical_volume": 6771280.05,
        "trend": 330.923346,
        "fair_value": 314.751971,
        "relative_strength": -5.888458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.009324,
        "energy": 31.557265,
        "activity_lines": [
          291.390006,
          291.169096,
          306.460124,
          316.730672
        ]
      },
      {
        "date": "2026-04-17",
        "close": 327.950012,
        "volume": 7863506,
        "typical_volume": 6912463.9,
        "trend": 330.185494,
        "fair_value": 315.939027,
        "relative_strength": -0.3178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.893024,
        "energy": 15.294361,
        "activity_lines": [
          305.636676,
          297.281825,
          307.486457,
          316.538844
        ]
      },
      {
        "date": "2026-04-24",
        "close": 319.100006,
        "volume": 3350237,
        "typical_volume": 6940483.45,
        "trend": 329.192023,
        "fair_value": 317.031968,
        "relative_strength": -1.217875,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.846004,
        "energy": 20.521683,
        "activity_lines": [
          312.413342,
          301.494552,
          307.703296,
          315.823651
        ]
      },
      {
        "date": "2026-05-01",
        "close": 310.899994,
        "volume": 5522140,
        "typical_volume": 7042394.7,
        "trend": 326.701165,
        "fair_value": 318.07052,
        "relative_strength": -4.075253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.6215,
        "energy": 21.680035,
        "activity_lines": [
          314.623338,
          304.001823,
          307.15768,
          314.64352
        ]
      },
      {
        "date": "2026-05-08",
        "close": 315.350006,
        "volume": 3417887,
        "typical_volume": 7040351.3,
        "trend": 324.511237,
        "fair_value": 319.133342,
        "relative_strength": -3.409413,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.231817,
        "energy": 20.745513,
        "activity_lines": [
          315.950004,
          307.087277,
          307.104022,
          313.911187
        ]
      },
      {
        "date": "2026-05-15",
        "close": 306.950012,
        "volume": 4040810,
        "typical_volume": 6795617.2,
        "trend": 322.636929,
        "fair_value": 320.151437,
        "relative_strength": -3.689788,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.503185,
        "energy": 10.801513,
        "activity_lines": [
          313.000006,
          308.492733,
          306.269995,
          312.778205
        ]
      },
      {
        "date": "2026-05-22",
        "close": 303.450012,
        "volume": 2483426,
        "typical_volume": 6552069.7,
        "trend": 320.483511,
        "fair_value": 321.126732,
        "relative_strength": -4.815541,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.569403,
        "energy": 12.630037,
        "activity_lines": [
          308.800008,
          309.005462,
          305.359907,
          311.54034
        ]
      },
      {
        "date": "2026-05-29",
        "close": 297.450012,
        "volume": 2372436,
        "typical_volume": 6104114.55,
        "trend": 318.390985,
        "fair_value": 322.053534,
        "relative_strength": -5.707258,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.606728,
        "energy": 19.453192,
        "activity_lines": [
          304.233343,
          307.640008,
          304.201092,
          310.054307
        ]
      },
      {
        "date": "2026-06-05",
        "close": 297.799988,
        "volume": 872144,
        "typical_volume": 5942998.55,
        "trend": 316.564451,
        "fair_value": 323.000817,
        "relative_strength": -4.530667,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.680013,
        "energy": 24.087386,
        "activity_lines": [
          301.22667,
          306.231823,
          303.245729,
          308.725856
        ]
      },
      {
        "date": "2026-06-12",
        "close": 291.899994,
        "volume": 434702,
        "typical_volume": 5751116.7,
        "trend": 314.553749,
        "fair_value": 323.883229,
        "relative_strength": -7.059067,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.940173,
        "energy": 36.947176,
        "activity_lines": [
          297.126666,
          303.343639,
          301.934606,
          307.134601
        ]
      },
      {
        "date": "2026-06-19",
        "close": 293.850006,
        "volume": 275382,
        "typical_volume": 5338928.95,
        "trend": 313.605676,
        "fair_value": 324.772365,
        "relative_strength": -7.70978,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.414489,
        "energy": 48.978551,
        "activity_lines": [
          295.24,
          300.833639,
          300.986433,
          305.798875
        ]
      },
      {
        "date": "2026-06-26",
        "close": 279.549988,
        "volume": 0,
        "typical_volume": 5004813.8,
        "trend": 311.758799,
        "fair_value": 325.576825,
        "relative_strength": -11.962215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.46125,
        "energy": 63.280729,
        "activity_lines": [
          289.459996,
          295.939091,
          299.000717,
          303.601734
        ]
      },
      {
        "date": "2026-07-03",
        "close": 282.200012,
        "volume": 457090,
        "typical_volume": 4837494.4,
        "trend": 310.399307,
        "fair_value": 326.295842,
        "relative_strength": -11.488549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.50286,
        "energy": 66.716697,
        "activity_lines": [
          286.156667,
          292.406365,
          297.42167,
          301.694716
        ]
      },
      {
        "date": "2026-07-10",
        "close": 274.0,
        "volume": 1552010,
        "typical_volume": 4797839.05,
        "trend": 308.692278,
        "fair_value": 326.906065,
        "relative_strength": -13.440453,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.763976,
        "energy": 71.741379,
        "activity_lines": [
          281.136668,
          288.053638,
          295.181193,
          299.346373
        ]
      },
      {
        "date": "2026-07-17",
        "close": 269.75,
        "volume": 1518963,
        "typical_volume": 4762459.1,
        "trend": 307.034863,
        "fair_value": 327.505153,
        "relative_strength": -14.738099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.814848,
        "energy": 79.285512,
        "activity_lines": [
          276.286668,
          283.599092,
          292.651193,
          296.833968
        ]
      },
      {
        "date": "2026-07-24",
        "close": 268.850006,
        "volume": 1286236,
        "typical_volume": 4674397.65,
        "trend": 303.963959,
        "fair_value": 328.110326,
        "relative_strength": -12.541641,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.416057,
        "energy": 77.011238,
        "activity_lines": [
          272.613336,
          279.810001,
          290.212622,
          294.370429
        ]
      },
      {
        "date": "2026-07-31",
        "close": 281.049988,
        "volume": 38506439,
        "typical_volume": 6358895.9,
        "trend": 300.958382,
        "fair_value": 328.658751,
        "relative_strength": -10.633288,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.693296,
        "energy": 59.079779,
        "activity_lines": [
          274.673332,
          278.931817,
          289.050239,
          292.892108
        ]
      },
      {
        "date": "2026-08-07",
        "close": 278.149994,
        "volume": 3118021,
        "typical_volume": 4692895.8,
        "trend": 299.124201,
        "fair_value": 329.103481,
        "relative_strength": -12.011904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.267389,
        "energy": 44.088407,
        "activity_lines": [
          275.666663,
          277.933634,
          287.512143,
          291.420599
        ]
      }
    ],
    "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."
    }
  }
}