{
  "ticker": {
    "uuid": "3a33036c-be09-4732-838e-d21eb5384584",
    "symbol": "3325",
    "name": "Casing Macron Technology Co., Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "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": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -66.047,
    "architecture_energy": 56.349,
    "architecture_maturity": 71.187,
    "architecture_confidence": 87.345,
    "architecture_tenure": "Extended",
    "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": 21.25,
        "rotation_up": 13.68,
        "upward_expansion": 10.61,
        "deceleration": 39.85,
        "rotation_down": 66.2,
        "downward_expansion": 86.28
      },
      "activity_lines": [
        11.82,
        12.148182,
        12.359762,
        12.650538
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 11.4,
    "trend_reference": 13.253333,
    "distance_from_trend": -0.139839,
    "trend_direction": "Weakening",
    "fair_value": 23.036737,
    "distance_from_fair_value": -0.505138,
    "fair_value_direction": "Weakening",
    "relative_strength": -48.202265,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.22973,
    "excess_performance": -0.671102,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.139839,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.108282,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.505138,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.000483,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.482023,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.034968,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.22973,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.988092,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 534885,
      "relative_activity": 0.350462,
      "balance": 0.988092,
      "dry_up": 0.443153,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.097166,
      "annualized_volatility": 0.363475,
      "from_high_reference": -0.451923,
      "from_low_reference": 0.041096
    },
    "levels": {
      "trend_reference": 13.253333,
      "fair_value_reference": 23.036737,
      "structural_low": 10.95,
      "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": 35,
        "median_return": -0.039157,
        "positive_rate": 0.371429,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.03945,
        "regime_survival": 0.828571,
        "best_return": 0.166144,
        "worst_return": -0.175439,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": -0.093501,
        "positive_rate": 0.166667,
        "directional_follow_through": 0.833333,
        "median_excess_return": -0.128506,
        "regime_survival": 0.75,
        "best_return": 0.129707,
        "worst_return": -0.281747,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.198178,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.260448,
        "regime_survival": 0.571429,
        "best_return": 0.698745,
        "worst_return": -0.361919,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.36791,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.397807,
        "regime_survival": 0.75,
        "best_return": 1.528689,
        "worst_return": -0.488372,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-03-17",
        "end": "2023-11-03",
        "tenure": "Extended",
        "return": 1.316176,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-11-10",
        "end": "2023-12-15",
        "tenure": "Developing",
        "return": 0.192182,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-22",
        "end": "2024-01-26",
        "tenure": "Developing",
        "return": -0.021888,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-02-02",
        "end": "2024-04-26",
        "tenure": "Established",
        "return": -0.098474,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-05-03",
        "end": "2024-05-24",
        "tenure": "New",
        "return": 0.048742,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-31",
        "end": "2025-03-07",
        "tenure": "Extended",
        "return": -0.377907,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-14",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.107317,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": -0.030726,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-20",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.10929,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.148148,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-29",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": 0.021739,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.088235,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-14",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.038235,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-16",
        "end": "2026-08-14",
        "tenure": "Extended",
        "return": -0.300613,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 32.599998,
        "volume": 88207000,
        "typical_volume": 26587050.0,
        "trend": 21.01,
        "fair_value": 19.481318,
        "relative_strength": 75.094287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.874771,
        "energy": 50.13008,
        "activity_lines": [
          31.06,
          30.836363,
          28.018333,
          24.918494
        ]
      },
      {
        "date": "2023-08-18",
        "close": 33.599998,
        "volume": 55637000,
        "typical_volume": 29340800.0,
        "trend": 21.713333,
        "fair_value": 19.546839,
        "relative_strength": 79.395554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.850712,
        "energy": 52.686177,
        "activity_lines": [
          31.993332,
          31.401818,
          28.865238,
          25.730752
        ]
      },
      {
        "date": "2023-08-25",
        "close": 31.6,
        "volume": 47593000,
        "typical_volume": 31686450.0,
        "trend": 22.346666,
        "fair_value": 19.583959,
        "relative_strength": 64.946298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.43003,
        "energy": 48.763279,
        "activity_lines": [
          32.129999,
          31.492727,
          29.428333,
          26.368602
        ]
      },
      {
        "date": "2023-09-01",
        "close": 33.650002,
        "volume": 57568000,
        "typical_volume": 34165450.0,
        "trend": 23.01,
        "fair_value": 19.639601,
        "relative_strength": 70.836045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.536595,
        "energy": 50.297176,
        "activity_lines": [
          32.74,
          31.910909,
          30.104762,
          27.097849
        ]
      },
      {
        "date": "2023-09-08",
        "close": 33.200001,
        "volume": 28763000,
        "typical_volume": 35040500.0,
        "trend": 23.666667,
        "fair_value": 19.68981,
        "relative_strength": 66.388826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.619376,
        "energy": 46.975274,
        "activity_lines": [
          33.013334,
          32.237273,
          30.658809,
          27.755269
        ]
      },
      {
        "date": "2023-09-15",
        "close": 33.799999,
        "volume": 20385000,
        "typical_volume": 35827100.0,
        "trend": 24.326666,
        "fair_value": 19.711569,
        "relative_strength": 63.140614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.45233,
        "energy": 45.232295,
        "activity_lines": [
          33.303334,
          32.630909,
          31.190952,
          28.409032
        ]
      },
      {
        "date": "2023-09-22",
        "close": 32.0,
        "volume": 22298000,
        "typical_volume": 36620250.0,
        "trend": 24.931666,
        "fair_value": 19.704508,
        "relative_strength": 57.444421,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.649571,
        "energy": 40.550113,
        "activity_lines": [
          32.913334,
          32.633636,
          31.477857,
          28.904086
        ]
      },
      {
        "date": "2023-09-29",
        "close": 35.900002,
        "volume": 29876000,
        "typical_volume": 37428650.0,
        "trend": 25.665,
        "fair_value": 19.744828,
        "relative_strength": 73.14884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.57115,
        "energy": 45.760759,
        "activity_lines": [
          33.930001,
          33.339091,
          32.076429,
          29.61172
        ]
      },
      {
        "date": "2023-10-06",
        "close": 42.5,
        "volume": 224289000,
        "typical_volume": 48448850.0,
        "trend": 26.606667,
        "fair_value": 19.831422,
        "relative_strength": 97.927393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.571768,
        "energy": 64.241335,
        "activity_lines": [
          36.86,
          35.109091,
          33.229286,
          30.697849
        ]
      },
      {
        "date": "2023-10-13",
        "close": 36.75,
        "volume": 50920000,
        "typical_volume": 48915250.0,
        "trend": 27.378333,
        "fair_value": 19.90552,
        "relative_strength": 65.325364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.434437,
        "energy": 51.545873,
        "activity_lines": [
          37.283334,
          35.621818,
          33.725238,
          31.352258
        ]
      },
      {
        "date": "2023-10-20",
        "close": 30.6,
        "volume": 30472000,
        "typical_volume": 49667500.0,
        "trend": 27.925,
        "fair_value": 19.937928,
        "relative_strength": 38.554311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.819285,
        "energy": 37.786313,
        "activity_lines": [
          35.42,
          34.901818,
          33.579048,
          31.560108
        ]
      },
      {
        "date": "2023-10-27",
        "close": 32.049999,
        "volume": 29586000,
        "typical_volume": 49758200.0,
        "trend": 28.526667,
        "fair_value": 19.972833,
        "relative_strength": 45.570428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.971504,
        "energy": 25.913465,
        "activity_lines": [
          34.253333,
          34.481818,
          33.543333,
          31.826236
        ]
      },
      {
        "date": "2023-11-03",
        "close": 31.5,
        "volume": 17036000,
        "typical_volume": 48779350.0,
        "trend": 29.096667,
        "fair_value": 20.01781,
        "relative_strength": 37.893666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 24.256187,
        "energy": 18.205897,
        "activity_lines": [
          32.9,
          33.99,
          33.433571,
          32.018064
        ]
      },
      {
        "date": "2023-11-10",
        "close": 30.700001,
        "volume": 14219000,
        "typical_volume": 47436350.0,
        "trend": 29.555,
        "fair_value": 20.058225,
        "relative_strength": 31.297772,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.425866,
        "energy": 20.61494,
        "activity_lines": [
          31.573333,
          33.354546,
          33.236191,
          32.121505
        ]
      },
      {
        "date": "2023-11-17",
        "close": 31.15,
        "volume": 11212000,
        "typical_volume": 46817950.0,
        "trend": 30.04,
        "fair_value": 20.106058,
        "relative_strength": 27.474323,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.420553,
        "energy": 16.566284,
        "activity_lines": [
          31.183333,
          32.854546,
          33.093095,
          32.224409
        ]
      },
      {
        "date": "2023-11-24",
        "close": 35.549999,
        "volume": 80639000,
        "typical_volume": 49433300.0,
        "trend": 30.615,
        "fair_value": 20.181246,
        "relative_strength": 42.474954,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.640702,
        "energy": 14.095537,
        "activity_lines": [
          32.633333,
          33.191818,
          33.367857,
          32.579892
        ]
      },
      {
        "date": "2023-12-01",
        "close": 36.25,
        "volume": 24184000,
        "typical_volume": 48928650.0,
        "trend": 31.175,
        "fair_value": 20.255538,
        "relative_strength": 41.689021,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.555815,
        "energy": 20.814489,
        "activity_lines": [
          33.986667,
          33.624545,
          33.684286,
          32.943441
        ]
      },
      {
        "date": "2023-12-08",
        "close": 38.049999,
        "volume": 47285000,
        "typical_volume": 50083950.0,
        "trend": 31.766666,
        "fair_value": 20.347602,
        "relative_strength": 46.676678,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.323292,
        "energy": 44.093495,
        "activity_lines": [
          35.66,
          34.307272,
          34.150238,
          33.386989
        ]
      },
      {
        "date": "2023-12-15",
        "close": 36.599998,
        "volume": 24457000,
        "typical_volume": 50424400.0,
        "trend": 32.335,
        "fair_value": 20.421022,
        "relative_strength": 36.641314,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.471914,
        "energy": 48.073029,
        "activity_lines": [
          36.413332,
          34.687272,
          34.432381,
          33.698817
        ]
      },
      {
        "date": "2023-12-22",
        "close": 36.549999,
        "volume": 11161000,
        "typical_volume": 45789350.0,
        "trend": 32.723333,
        "fair_value": 20.492443,
        "relative_strength": 34.998815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.655637,
        "energy": 55.177655,
        "activity_lines": [
          36.756666,
          35.165454,
          34.682381,
          33.970752
        ]
      },
      {
        "date": "2023-12-29",
        "close": 38.200001,
        "volume": 37591000,
        "typical_volume": 43258550.0,
        "trend": 33.17,
        "fair_value": 20.589091,
        "relative_strength": 36.325942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.670472,
        "energy": 58.120674,
        "activity_lines": [
          37.29,
          35.947272,
          35.060476,
          34.324086
        ]
      },
      {
        "date": "2024-01-05",
        "close": 38.400002,
        "volume": 33887000,
        "typical_volume": 42171050.0,
        "trend": 33.533333,
        "fair_value": 20.686447,
        "relative_strength": 38.038482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.458913,
        "energy": 53.249509,
        "activity_lines": [
          37.713334,
          36.627273,
          35.430952,
          34.661505
        ]
      },
      {
        "date": "2024-01-12",
        "close": 36.849998,
        "volume": 14695000,
        "typical_volume": 40526150.0,
        "trend": 33.791666,
        "fair_value": 20.778463,
        "relative_strength": 30.551454,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.92627,
        "energy": 43.014721,
        "activity_lines": [
          37.476666,
          36.91,
          35.630952,
          34.875484
        ]
      },
      {
        "date": "2024-01-19",
        "close": 36.049999,
        "volume": 9104015,
        "typical_volume": 38102950.75,
        "trend": 33.89,
        "fair_value": 20.850126,
        "relative_strength": 24.719536,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.116106,
        "energy": 34.336202,
        "activity_lines": [
          37.053333,
          36.95,
          35.729762,
          35.021183
        ]
      },
      {
        "date": "2024-01-26",
        "close": 35.75,
        "volume": 15237000,
        "typical_volume": 37426650.75,
        "trend": 34.051667,
        "fair_value": 20.926473,
        "relative_strength": 19.91466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.547464,
        "energy": 22.753599,
        "activity_lines": [
          36.566666,
          36.838181,
          35.788571,
          35.141183
        ]
      },
      {
        "date": "2024-02-02",
        "close": 36.049999,
        "volume": 5827000,
        "typical_volume": 36698750.75,
        "trend": 34.243333,
        "fair_value": 21.007902,
        "relative_strength": 18.947087,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.550169,
        "energy": 17.417531,
        "activity_lines": [
          36.233333,
          36.697272,
          35.863809,
          35.270107
        ]
      },
      {
        "date": "2024-02-09",
        "close": 35.450001,
        "volume": 1189000,
        "typical_volume": 35643300.75,
        "trend": 34.37,
        "fair_value": 21.091518,
        "relative_strength": 15.289952,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.914542,
        "energy": 17.686983,
        "activity_lines": [
          35.843333,
          36.438182,
          35.87119,
          35.347957
        ]
      },
      {
        "date": "2024-02-16",
        "close": 37.400002,
        "volume": 3330000,
        "typical_volume": 34316000.75,
        "trend": 34.668333,
        "fair_value": 21.193954,
        "relative_strength": 16.828445,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.117274,
        "energy": 17.709745,
        "activity_lines": [
          36.300001,
          36.548182,
          36.047857,
          35.543441
        ]
      },
      {
        "date": "2024-02-23",
        "close": 36.200001,
        "volume": 13493000,
        "typical_volume": 23776200.75,
        "trend": 34.846667,
        "fair_value": 21.29473,
        "relative_strength": 10.132619,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.025674,
        "energy": 14.430849,
        "activity_lines": [
          36.320001,
          36.451819,
          36.103095,
          35.642258
        ]
      },
      {
        "date": "2024-03-01",
        "close": 37.099998,
        "volume": 12136000,
        "typical_volume": 21837000.75,
        "trend": 35.068333,
        "fair_value": 21.388061,
        "relative_strength": 11.277857,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.990808,
        "energy": 22.765208,
        "activity_lines": [
          36.63,
          36.526364,
          36.274047,
          35.787634
        ]
      },
      {
        "date": "2024-03-08",
        "close": 38.549999,
        "volume": 127541000,
        "typical_volume": 26690450.75,
        "trend": 35.266667,
        "fair_value": 21.467132,
        "relative_strength": 9.431249,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 57.947321,
        "energy": 34.217913,
        "activity_lines": [
          37.333333,
          36.854545,
          36.581428,
          36.012258
        ]
      },
      {
        "date": "2024-03-15",
        "close": 38.650002,
        "volume": 55254000,
        "typical_volume": 27973850.75,
        "trend": 35.435,
        "fair_value": 21.539663,
        "relative_strength": 9.012435,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 56.156192,
        "energy": 38.995789,
        "activity_lines": [
          37.903334,
          37.194546,
          36.860476,
          36.230538
        ]
      },
      {
        "date": "2024-03-22",
        "close": 37.650002,
        "volume": 8161000,
        "typical_volume": 27530100.75,
        "trend": 35.636667,
        "fair_value": 21.601761,
        "relative_strength": 2.26806,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.870798,
        "energy": 38.638561,
        "activity_lines": [
          37.926667,
          37.348182,
          37.012857,
          36.373441
        ]
      },
      {
        "date": "2024-03-29",
        "close": 37.75,
        "volume": 13606000,
        "typical_volume": 27499450.75,
        "trend": 35.773333,
        "fair_value": 21.650713,
        "relative_strength": 1.160878,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 49.298462,
        "energy": 36.569109,
        "activity_lines": [
          37.966667,
          37.505455,
          37.145476,
          36.509785
        ]
      },
      {
        "date": "2024-04-05",
        "close": 37.049999,
        "volume": 4420000,
        "typical_volume": 27159850.75,
        "trend": 35.901667,
        "fair_value": 21.698625,
        "relative_strength": -1.862132,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.760308,
        "energy": 24.998259,
        "activity_lines": [
          37.67,
          37.504546,
          37.177857,
          36.592151
        ]
      },
      {
        "date": "2024-04-12",
        "close": 35.450001,
        "volume": 10320000,
        "typical_volume": 23643900.75,
        "trend": 35.956667,
        "fair_value": 21.734843,
        "relative_strength": -8.518551,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.329248,
        "energy": 10.338363,
        "activity_lines": [
          36.843334,
          37.189091,
          37.029762,
          36.563011
        ]
      },
      {
        "date": "2024-04-19",
        "close": 34.099998,
        "volume": 5790000,
        "typical_volume": 22724200.75,
        "trend": 36.026667,
        "fair_value": 21.758961,
        "relative_strength": -7.203676,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.577882,
        "energy": 16.991806,
        "activity_lines": [
          35.773333,
          36.639091,
          36.753571,
          36.443226
        ]
      },
      {
        "date": "2024-04-26",
        "close": 32.5,
        "volume": 3392000,
        "typical_volume": 20529550.75,
        "trend": 35.913333,
        "fair_value": 21.782877,
        "relative_strength": -14.55083,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.568541,
        "energy": 36.987421,
        "activity_lines": [
          34.473333,
          35.822727,
          36.335238,
          36.215699
        ]
      },
      {
        "date": "2024-05-03",
        "close": 31.799999,
        "volume": 2581000,
        "typical_volume": 19435750.75,
        "trend": 35.556667,
        "fair_value": 21.798284,
        "relative_strength": -17.522167,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.606576,
        "energy": 57.567318,
        "activity_lines": [
          33.283333,
          34.968182,
          35.876667,
          35.950322
        ]
      },
      {
        "date": "2024-05-10",
        "close": 31.35,
        "volume": 6250000,
        "typical_volume": 19190200.75,
        "trend": 35.376667,
        "fair_value": 21.815976,
        "relative_strength": -20.340596,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.352527,
        "energy": 61.758691,
        "activity_lines": [
          32.34,
          34.111818,
          35.398095,
          35.678925
        ]
      },
      {
        "date": "2024-05-17",
        "close": 30.950001,
        "volume": 3284000,
        "typical_volume": 17474850.75,
        "trend": 35.388333,
        "fair_value": 21.853511,
        "relative_strength": -23.581455,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.695083,
        "energy": 63.653931,
        "activity_lines": [
          31.643333,
          33.287273,
          34.906191,
          35.393333
        ]
      },
      {
        "date": "2024-05-24",
        "close": 33.349998,
        "volume": 10026000,
        "typical_volume": 16281800.75,
        "trend": 35.431667,
        "fair_value": 21.927112,
        "relative_strength": -18.858357,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.983332,
        "energy": 60.382149,
        "activity_lines": [
          32.046666,
          33.037272,
          34.677381,
          35.261828
        ]
      },
      {
        "date": "2024-05-31",
        "close": 34.400002,
        "volume": 10149000,
        "typical_volume": 16054500.75,
        "trend": 35.528333,
        "fair_value": 22.001987,
        "relative_strength": -14.878087,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.343843,
        "energy": 35.926963,
        "activity_lines": [
          32.85,
          33.074545,
          34.572619,
          35.195269
        ]
      },
      {
        "date": "2024-06-07",
        "close": 33.099998,
        "volume": 8426000,
        "typical_volume": 16020600.0,
        "trend": 35.608333,
        "fair_value": 22.064794,
        "relative_strength": -20.567085,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.778646,
        "energy": 27.163942,
        "activity_lines": [
          33.093333,
          32.934545,
          34.355714,
          35.038602
        ]
      },
      {
        "date": "2024-06-14",
        "close": 31.1,
        "volume": 3006000,
        "typical_volume": 15409050.0,
        "trend": 35.606666,
        "fair_value": 22.115354,
        "relative_strength": -27.289193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.007976,
        "energy": 31.655136,
        "activity_lines": [
          32.583333,
          32.515454,
          33.962381,
          34.747742
        ]
      },
      {
        "date": "2024-06-21",
        "close": 30.9,
        "volume": 2572000,
        "typical_volume": 15246300.0,
        "trend": 35.451667,
        "fair_value": 22.175549,
        "relative_strength": -29.659038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.54113,
        "energy": 40.16869,
        "activity_lines": [
          32.023333,
          32.168182,
          33.572143,
          34.444086
        ]
      },
      {
        "date": "2024-06-28",
        "close": 30.299999,
        "volume": 3225000,
        "typical_volume": 15348100.0,
        "trend": 35.253333,
        "fair_value": 22.233333,
        "relative_strength": -29.99837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.57338,
        "energy": 65.535076,
        "activity_lines": [
          31.266666,
          31.794545,
          33.149285,
          34.11172
        ]
      },
      {
        "date": "2024-07-05",
        "close": 30.450001,
        "volume": 3075000,
        "typical_volume": 15335350.0,
        "trend": 35.0,
        "fair_value": 22.289207,
        "relative_strength": -30.845718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.72279,
        "energy": 68.693726,
        "activity_lines": [
          30.763333,
          31.517273,
          32.765238,
          33.801828
        ]
      },
      {
        "date": "2024-07-12",
        "close": 28.25,
        "volume": 4550000,
        "typical_volume": 14888200.0,
        "trend": 34.721667,
        "fair_value": 22.333563,
        "relative_strength": -36.383263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.635489,
        "energy": 79.659964,
        "activity_lines": [
          29.79,
          30.877273,
          32.204762,
          33.366344
        ]
      },
      {
        "date": "2024-07-19",
        "close": 28.65,
        "volume": 4494000,
        "typical_volume": 14506100.0,
        "trend": 34.458333,
        "fair_value": 22.377036,
        "relative_strength": -32.233659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.038706,
        "energy": 78.590254,
        "activity_lines": [
          29.273333,
          30.374545,
          31.720238,
          32.974624
        ]
      },
      {
        "date": "2024-07-26",
        "close": 26.25,
        "volume": 2293000,
        "typical_volume": 8243700.0,
        "trend": 34.06,
        "fair_value": 22.403402,
        "relative_strength": -35.403694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.26955,
        "energy": 86.917176,
        "activity_lines": [
          28.12,
          29.484545,
          31.047381,
          32.445054
        ]
      },
      {
        "date": "2024-08-02",
        "close": 26.25,
        "volume": 2419000,
        "typical_volume": 5601950.0,
        "trend": 33.655,
        "fair_value": 22.434363,
        "relative_strength": -33.553797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.446182,
        "energy": 86.133029,
        "activity_lines": [
          27.276667,
          28.68,
          30.433095,
          31.941183
        ]
      },
      {
        "date": "2024-08-09",
        "close": 23.85,
        "volume": 4947000,
        "typical_volume": 5441250.0,
        "trend": 33.221667,
        "fair_value": 22.452237,
        "relative_strength": -38.601877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.478916,
        "energy": 90.762925,
        "activity_lines": [
          25.903333,
          27.568182,
          29.649286,
          31.308602
        ]
      },
      {
        "date": "2024-08-16",
        "close": 24.299999,
        "volume": 1648000,
        "typical_volume": 4843350.0,
        "trend": 32.83,
        "fair_value": 22.470699,
        "relative_strength": -39.285527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.059724,
        "energy": 88.340263,
        "activity_lines": [
          25.12,
          26.73,
          28.974047,
          30.733011
        ]
      },
      {
        "date": "2024-08-23",
        "close": 23.799999,
        "volume": 1703000,
        "typical_volume": 4707500.0,
        "trend": 32.431667,
        "fair_value": 22.491987,
        "relative_strength": -39.473415,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.814687,
        "energy": 87.416129,
        "activity_lines": [
          24.433333,
          25.960909,
          28.315238,
          30.15043
        ]
      },
      {
        "date": "2024-08-30",
        "close": 24.950001,
        "volume": 5408000,
        "typical_volume": 4461900.0,
        "trend": 32.061667,
        "fair_value": 22.539423,
        "relative_strength": -36.239668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.106556,
        "energy": 76.681511,
        "activity_lines": [
          24.453333,
          25.533636,
          27.829047,
          29.667742
        ]
      },
      {
        "date": "2024-09-06",
        "close": 22.950001,
        "volume": 1537000,
        "typical_volume": 4249250.0,
        "trend": 31.645,
        "fair_value": 22.571474,
        "relative_strength": -38.443812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.116817,
        "energy": 67.865913,
        "activity_lines": [
          23.893334,
          24.850909,
          27.202381,
          29.079892
        ]
      },
      {
        "date": "2024-09-13",
        "close": 22.0,
        "volume": 1161000,
        "typical_volume": 4137700.0,
        "trend": 31.131667,
        "fair_value": 22.598397,
        "relative_strength": -41.230778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.871199,
        "energy": 68.6755,
        "activity_lines": [
          23.236667,
          24.129091,
          26.538333,
          28.457634
        ]
      },
      {
        "date": "2024-09-20",
        "close": 22.65,
        "volume": 842000,
        "typical_volume": 4050750.0,
        "trend": 30.68,
        "fair_value": 22.626282,
        "relative_strength": -39.957955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.826414,
        "energy": 63.755574,
        "activity_lines": [
          22.92,
          23.679091,
          25.98619,
          27.91043
        ]
      },
      {
        "date": "2024-09-27",
        "close": 23.049999,
        "volume": 875000,
        "typical_volume": 3782000.0,
        "trend": 30.211667,
        "fair_value": 22.663782,
        "relative_strength": -39.868504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.5205,
        "energy": 61.046491,
        "activity_lines": [
          22.846667,
          23.403636,
          25.515714,
          27.418172
        ]
      },
      {
        "date": "2024-10-04",
        "close": 22.5,
        "volume": 471000,
        "typical_volume": 3641350.0,
        "trend": 29.676667,
        "fair_value": 22.699038,
        "relative_strength": -38.839538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.367646,
        "energy": 59.268815,
        "activity_lines": [
          22.64,
          23.13,
          25.032381,
          26.920645
        ]
      },
      {
        "date": "2024-10-11",
        "close": 21.85,
        "volume": 756000,
        "typical_volume": 3177850.0,
        "trend": 29.116667,
        "fair_value": 22.73141,
        "relative_strength": -41.314228,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.533104,
        "energy": 59.57961,
        "activity_lines": [
          22.38,
          22.806364,
          24.527381,
          26.415699
        ]
      },
      {
        "date": "2024-10-18",
        "close": 23.1,
        "volume": 3633000,
        "typical_volume": 2852050.0,
        "trend": 28.631666,
        "fair_value": 22.773077,
        "relative_strength": -38.869204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.112938,
        "energy": 50.538025,
        "activity_lines": [
          22.61,
          22.79,
          24.19619,
          26.027527
        ]
      },
      {
        "date": "2024-10-25",
        "close": 23.200001,
        "volume": 1008000,
        "typical_volume": 2481150.0,
        "trend": 28.146667,
        "fair_value": 22.819872,
        "relative_strength": -37.497846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.6339,
        "energy": 46.984947,
        "activity_lines": [
          22.8,
          22.805455,
          23.928333,
          25.677097
        ]
      },
      {
        "date": "2024-11-01",
        "close": 25.299999,
        "volume": 18144000,
        "typical_volume": 3238050.0,
        "trend": 27.755,
        "fair_value": 22.882692,
        "relative_strength": -29.459145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.02467,
        "energy": 28.656818,
        "activity_lines": [
          23.653333,
          23.222727,
          23.907619,
          25.493441
        ]
      },
      {
        "date": "2024-11-08",
        "close": 23.1,
        "volume": 3578000,
        "typical_volume": 3288350.0,
        "trend": 27.343333,
        "fair_value": 22.928846,
        "relative_strength": -37.048186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.448178,
        "energy": 24.990224,
        "activity_lines": [
          23.623333,
          23.212727,
          23.705,
          25.193118
        ]
      },
      {
        "date": "2024-11-15",
        "close": 21.700001,
        "volume": 2021000,
        "typical_volume": 3228150.0,
        "trend": 26.93,
        "fair_value": 22.961538,
        "relative_strength": -38.100312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.010373,
        "energy": 32.613975,
        "activity_lines": [
          23.086667,
          22.981818,
          23.406191,
          24.829032
        ]
      },
      {
        "date": "2024-11-22",
        "close": 22.1,
        "volume": 1197380,
        "typical_volume": 3134269.0,
        "trend": 26.583333,
        "fair_value": 23.000641,
        "relative_strength": -36.539772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.399437,
        "energy": 36.445035,
        "activity_lines": [
          22.693334,
          22.846364,
          23.186429,
          24.517419
        ]
      },
      {
        "date": "2024-11-29",
        "close": 21.950001,
        "volume": 2067000,
        "typical_volume": 3010119.0,
        "trend": 26.255,
        "fair_value": 23.038141,
        "relative_strength": -34.244527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.943838,
        "energy": 45.028056,
        "activity_lines": [
          22.316667,
          22.681818,
          22.992143,
          24.218495
        ]
      },
      {
        "date": "2024-12-06",
        "close": 21.85,
        "volume": 1069000,
        "typical_volume": 2838869.0,
        "trend": 25.938333,
        "fair_value": 23.078526,
        "relative_strength": -36.149983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.632109,
        "energy": 55.436499,
        "activity_lines": [
          21.99,
          22.511818,
          22.818333,
          23.934301
        ]
      },
      {
        "date": "2024-12-13",
        "close": 20.0,
        "volume": 1715000,
        "typical_volume": 2809969.0,
        "trend": 25.573333,
        "fair_value": 23.104487,
        "relative_strength": -40.180157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.344442,
        "energy": 73.370815,
        "activity_lines": [
          21.276667,
          22.027273,
          22.500714,
          23.551183
        ]
      },
      {
        "date": "2024-12-20",
        "close": 19.200001,
        "volume": 1085000,
        "typical_volume": 2743269.0,
        "trend": 25.101667,
        "fair_value": 23.124679,
        "relative_strength": -40.303639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.645344,
        "energy": 80.938038,
        "activity_lines": [
          20.503334,
          21.442728,
          22.136667,
          23.14
        ]
      },
      {
        "date": "2024-12-27",
        "close": 19.6,
        "volume": 927000,
        "typical_volume": 2542269.0,
        "trend": 24.608333,
        "fair_value": 23.136538,
        "relative_strength": -40.024016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.422836,
        "energy": 77.95974,
        "activity_lines": [
          20.03,
          20.979091,
          21.844286,
          22.785054
        ]
      },
      {
        "date": "2025-01-03",
        "close": 19.299999,
        "volume": 448000,
        "typical_volume": 2482269.0,
        "trend": 24.148333,
        "fair_value": 23.141987,
        "relative_strength": -38.864982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.60092,
        "energy": 77.553309,
        "activity_lines": [
          19.623333,
          20.524546,
          21.543572,
          22.442581
        ]
      },
      {
        "date": "2025-01-10",
        "close": 18.549999,
        "volume": 869000,
        "typical_volume": 2440569.0,
        "trend": 23.73,
        "fair_value": 23.141667,
        "relative_strength": -40.42599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.274296,
        "energy": 75.750558,
        "activity_lines": [
          19.143333,
          20.004545,
          21.195238,
          22.081398
        ]
      },
      {
        "date": "2025-01-17",
        "close": 19.200001,
        "volume": 3227000,
        "typical_volume": 2331519.0,
        "trend": 23.34,
        "fair_value": 23.148397,
        "relative_strength": -37.629297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.621858,
        "energy": 56.365344,
        "activity_lines": [
          19.1,
          19.725455,
          20.93381,
          21.78914
        ]
      },
      {
        "date": "2025-01-24",
        "close": 18.6,
        "volume": 655000,
        "typical_volume": 2287419.0,
        "trend": 22.95,
        "fair_value": 23.158654,
        "relative_strength": -39.501149,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.387876,
        "energy": 55.593313,
        "activity_lines": [
          18.91,
          19.408182,
          20.642619,
          21.483333
        ]
      },
      {
        "date": "2025-02-07",
        "close": 19.299999,
        "volume": 906056,
        "typical_volume": 2274671.8,
        "trend": 22.578333,
        "fair_value": 23.172756,
        "relative_strength": -35.992403,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.382324,
        "energy": 52.789565,
        "activity_lines": [
          18.993333,
          19.274545,
          20.43881,
          21.247849
        ]
      },
      {
        "date": "2025-02-14",
        "close": 21.15,
        "volume": 1712276,
        "typical_volume": 2318185.6,
        "trend": 22.341667,
        "fair_value": 23.201923,
        "relative_strength": -27.739089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.561652,
        "energy": 33.514307,
        "activity_lines": [
          19.713333,
          19.528182,
          20.424048,
          21.155699
        ]
      },
      {
        "date": "2025-02-21",
        "close": 22.0,
        "volume": 2292694,
        "typical_volume": 2389070.3,
        "trend": 22.12,
        "fair_value": 23.232051,
        "relative_strength": -25.436367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.070026,
        "energy": 16.861088,
        "activity_lines": [
          20.593333,
          19.950909,
          20.497381,
          21.133656
        ]
      },
      {
        "date": "2025-02-28",
        "close": 22.15,
        "volume": 714265,
        "typical_volume": 2401233.55,
        "trend": 21.983333,
        "fair_value": 23.257692,
        "relative_strength": -21.563796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.635629,
        "energy": 20.870177,
        "activity_lines": [
          21.293333,
          20.398182,
          20.59,
          21.135591
        ]
      },
      {
        "date": "2025-03-07",
        "close": 21.4,
        "volume": 1016433,
        "typical_volume": 2414255.2,
        "trend": 21.821667,
        "fair_value": 23.280128,
        "relative_strength": -21.369752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -5.377352,
        "energy": 24.60891,
        "activity_lines": [
          21.546667,
          20.67,
          20.612857,
          21.097957
        ]
      },
      {
        "date": "2025-03-14",
        "close": 20.5,
        "volume": 945456,
        "typical_volume": 2279878.0,
        "trend": 21.71,
        "fair_value": 23.300961,
        "relative_strength": -21.317585,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.560499,
        "energy": 20.07881,
        "activity_lines": [
          21.313333,
          20.738182,
          20.552143,
          21.012688
        ]
      },
      {
        "date": "2025-03-21",
        "close": 19.200001,
        "volume": 1044595,
        "typical_volume": 2281707.75,
        "trend": 21.54,
        "fair_value": 23.314103,
        "relative_strength": -25.784305,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.137997,
        "energy": 15.963099,
        "activity_lines": [
          20.566667,
          20.553636,
          20.38,
          20.850753
        ]
      },
      {
        "date": "2025-03-28",
        "close": 18.299999,
        "volume": 891161,
        "typical_volume": 1419065.8,
        "trend": 21.356667,
        "fair_value": 23.322436,
        "relative_strength": -26.039926,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.885694,
        "energy": 40.850559,
        "activity_lines": [
          19.65,
          20.207273,
          20.14119,
          20.64172
        ]
      },
      {
        "date": "2025-04-04",
        "close": 17.9,
        "volume": 974019,
        "typical_volume": 1288866.75,
        "trend": 21.121667,
        "fair_value": 23.330769,
        "relative_strength": -25.343517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.417846,
        "energy": 66.389388,
        "activity_lines": [
          18.846667,
          19.792727,
          19.897619,
          20.41871
        ]
      },
      {
        "date": "2025-04-11",
        "close": 12.85,
        "volume": 6215996,
        "typical_volume": 1498616.55,
        "trend": 20.785,
        "fair_value": 23.309615,
        "relative_strength": -40.364243,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.648523,
        "energy": 90.523616,
        "activity_lines": [
          16.643333,
          18.483636,
          19.197857,
          19.885054
        ]
      },
      {
        "date": "2025-04-18",
        "close": 15.3,
        "volume": 4589227,
        "typical_volume": 1668208.9,
        "trend": 20.561667,
        "fair_value": 23.305128,
        "relative_strength": -27.338402,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.193283,
        "energy": 85.429346,
        "activity_lines": [
          15.826667,
          17.724545,
          18.773571,
          19.531183
        ]
      },
      {
        "date": "2025-04-25",
        "close": 15.0,
        "volume": 1370092,
        "typical_volume": 1633363.5,
        "trend": 20.306667,
        "fair_value": 23.303205,
        "relative_strength": -29.232679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.926745,
        "energy": 87.142896,
        "activity_lines": [
          15.256667,
          16.983636,
          18.353095,
          19.172366
        ]
      },
      {
        "date": "2025-05-02",
        "close": 17.450001,
        "volume": 1875583,
        "typical_volume": 1673692.65,
        "trend": 20.12,
        "fair_value": 23.317949,
        "relative_strength": -20.180839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.011963,
        "energy": 76.79879,
        "activity_lines": [
          15.783334,
          16.8,
          18.199048,
          18.988065
        ]
      },
      {
        "date": "2025-05-09",
        "close": 17.950001,
        "volume": 1629289,
        "typical_volume": 1669407.1,
        "trend": 19.968333,
        "fair_value": 23.342628,
        "relative_strength": -17.326696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.150508,
        "energy": 43.939125,
        "activity_lines": [
          16.533334,
          16.79,
          18.113572,
          18.848065
        ]
      },
      {
        "date": "2025-05-16",
        "close": 18.700001,
        "volume": 1258214,
        "typical_volume": 1678067.8,
        "trend": 19.863333,
        "fair_value": 23.373077,
        "relative_strength": -16.516716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.947176,
        "energy": 24.065575,
        "activity_lines": [
          17.530001,
          16.992728,
          18.109286,
          18.766237
        ]
      },
      {
        "date": "2025-05-23",
        "close": 19.35,
        "volume": 3706056,
        "typical_volume": 1817020.6,
        "trend": 19.738333,
        "fair_value": 23.414103,
        "relative_strength": -11.92243,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.058153,
        "energy": 23.999956,
        "activity_lines": [
          18.353334,
          17.362728,
          18.169286,
          18.733118
        ]
      },
      {
        "date": "2025-05-30",
        "close": 17.799999,
        "volume": 1555084,
        "typical_volume": 1872374.8,
        "trend": 19.558333,
        "fair_value": 23.438782,
        "relative_strength": -16.695191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.90221,
        "energy": 23.731911,
        "activity_lines": [
          18.39,
          17.471818,
          18.082857,
          18.608065
        ]
      },
      {
        "date": "2025-06-06",
        "close": 17.6,
        "volume": 1814212,
        "typical_volume": 1919635.4,
        "trend": 19.301667,
        "fair_value": 23.461218,
        "relative_strength": -17.536173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.481609,
        "energy": 19.57177,
        "activity_lines": [
          18.173333,
          17.57,
          17.984524,
          18.481721
        ]
      },
      {
        "date": "2025-06-13",
        "close": 17.35,
        "volume": 885210,
        "typical_volume": 1802545.9,
        "trend": 19.11,
        "fair_value": 23.48109,
        "relative_strength": -19.075719,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.033772,
        "energy": 15.929839,
        "activity_lines": [
          17.863333,
          17.635455,
          17.866905,
          18.355807
        ]
      },
      {
        "date": "2025-06-20",
        "close": 18.299999,
        "volume": 6926160,
        "typical_volume": 2116103.9,
        "trend": 18.996667,
        "fair_value": 23.507372,
        "relative_strength": -13.595333,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.709815,
        "energy": 11.593419,
        "activity_lines": [
          17.91,
          17.883636,
          17.848571,
          18.303548
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.15,
        "volume": 6766257,
        "typical_volume": 2409113.95,
        "trend": 18.865,
        "fair_value": 23.539744,
        "relative_strength": -15.442824,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.498448,
        "energy": 13.764674,
        "activity_lines": [
          17.933333,
          18.005454,
          17.817381,
          18.248925
        ]
      },
      {
        "date": "2025-07-04",
        "close": 17.5,
        "volume": 1773058,
        "typical_volume": 2412153.05,
        "trend": 18.716667,
        "fair_value": 23.569231,
        "relative_strength": -17.452461,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.773297,
        "energy": 15.614521,
        "activity_lines": [
          17.82,
          17.957273,
          17.729762,
          18.16086
        ]
      },
      {
        "date": "2025-07-11",
        "close": 16.65,
        "volume": 1191265,
        "typical_volume": 2357081.6,
        "trend": 18.543333,
        "fair_value": 23.600641,
        "relative_strength": -21.26137,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.461898,
        "energy": 22.799354,
        "activity_lines": [
          17.443333,
          17.709091,
          17.578571,
          18.027527
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.0,
        "volume": 1297399,
        "typical_volume": 2386238.3,
        "trend": 18.443333,
        "fair_value": 23.632692,
        "relative_strength": -21.037457,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.025904,
        "energy": 34.374683,
        "activity_lines": [
          17.246667,
          17.539091,
          17.48619,
          17.927957
        ]
      },
      {
        "date": "2025-07-25",
        "close": 16.299999,
        "volume": 851228,
        "typical_volume": 2377978.05,
        "trend": 18.346667,
        "fair_value": 23.658974,
        "relative_strength": -23.339229,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.17877,
        "energy": 51.175815,
        "activity_lines": [
          16.84,
          17.259091,
          17.351667,
          17.789677
        ]
      },
      {
        "date": "2025-08-01",
        "close": 16.200001,
        "volume": 1350626,
        "typical_volume": 2398236.55,
        "trend": 18.233333,
        "fair_value": 23.684615,
        "relative_strength": -23.233375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.366287,
        "energy": 57.36714,
        "activity_lines": [
          16.533333,
          17.004545,
          17.231905,
          17.651183
        ]
      },
      {
        "date": "2025-08-08",
        "close": 16.700001,
        "volume": 1213075,
        "typical_volume": 2406660.55,
        "trend": 18.146667,
        "fair_value": 23.7125,
        "relative_strength": -21.934015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.731573,
        "energy": 50.990372,
        "activity_lines": [
          16.523334,
          16.898182,
          17.180238,
          17.552258
        ]
      },
      {
        "date": "2025-08-15",
        "close": 17.549999,
        "volume": 1359110,
        "typical_volume": 2430058.0,
        "trend": 18.113333,
        "fair_value": 23.740064,
        "relative_strength": -18.329284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.681003,
        "energy": 30.819267,
        "activity_lines": [
          16.85,
          16.966364,
          17.221429,
          17.513763
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.6,
        "volume": 2951274,
        "typical_volume": 2528920.75,
        "trend": 18.093333,
        "fair_value": 23.769551,
        "relative_strength": -10.774991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.681223,
        "energy": 8.352627,
        "activity_lines": [
          17.466667,
          17.226364,
          17.36619,
          17.545161
        ]
      },
      {
        "date": "2025-08-29",
        "close": 18.4,
        "volume": 1141856,
        "typical_volume": 2275213.75,
        "trend": 18.086667,
        "fair_value": 23.795833,
        "relative_strength": -12.839773,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.036291,
        "energy": 17.221564,
        "activity_lines": [
          17.91,
          17.427273,
          17.488571,
          17.564946
        ]
      },
      {
        "date": "2025-09-05",
        "close": 16.700001,
        "volume": 2246321,
        "typical_volume": 2158068.45,
        "trend": 18.0,
        "fair_value": 23.811859,
        "relative_strength": -20.971827,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.259779,
        "energy": 21.868497,
        "activity_lines": [
          17.646667,
          17.317273,
          17.422619,
          17.475484
        ]
      },
      {
        "date": "2025-09-12",
        "close": 16.200001,
        "volume": 1261093,
        "typical_volume": 2152618.5,
        "trend": 17.835,
        "fair_value": 23.826923,
        "relative_strength": -25.56595,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.376122,
        "energy": 18.144626,
        "activity_lines": [
          17.183334,
          17.142728,
          17.302381,
          17.359355
        ]
      },
      {
        "date": "2025-09-19",
        "close": 20.25,
        "volume": 6478647,
        "typical_volume": 2382771.7,
        "trend": 17.776667,
        "fair_value": 23.870513,
        "relative_strength": -6.874941,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.772216,
        "energy": 30.526008,
        "activity_lines": [
          18.103334,
          17.728182,
          17.562143,
          17.515161
        ]
      },
      {
        "date": "2025-09-26",
        "close": 18.049999,
        "volume": 2238622,
        "typical_volume": 2413238.35,
        "trend": 17.64,
        "fair_value": 23.896154,
        "relative_strength": -16.399996,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.251679,
        "energy": 11.970556,
        "activity_lines": [
          18.11,
          17.848182,
          17.599048,
          17.532796
        ]
      },
      {
        "date": "2025-10-03",
        "close": 18.450001,
        "volume": 933208,
        "typical_volume": 2396988.05,
        "trend": 17.541667,
        "fair_value": 23.930128,
        "relative_strength": -17.716765,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.880343,
        "energy": 36.332204,
        "activity_lines": [
          18.286667,
          18.021818,
          17.673572,
          17.585054
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18.799999,
        "volume": 799218,
        "typical_volume": 2251646.15,
        "trend": 17.485,
        "fair_value": 23.972115,
        "relative_strength": -17.208281,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 53.850952,
        "energy": 51.126608,
        "activity_lines": [
          18.576666,
          18.22,
          17.782619,
          17.666237
        ]
      },
      {
        "date": "2025-10-17",
        "close": 18.700001,
        "volume": 1270253,
        "typical_volume": 2237404.6,
        "trend": 17.468333,
        "fair_value": 24.01282,
        "relative_strength": -17.134305,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.658601,
        "energy": 37.947959,
        "activity_lines": [
          18.693333,
          18.352727,
          17.884762,
          17.744624
        ]
      },
      {
        "date": "2025-10-24",
        "close": 18.200001,
        "volume": 740593,
        "typical_volume": 2183723.65,
        "trend": 17.465,
        "fair_value": 24.055128,
        "relative_strength": -19.418805,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.015469,
        "energy": 29.837179,
        "activity_lines": [
          18.476667,
          18.358182,
          17.935,
          17.791828
        ]
      },
      {
        "date": "2025-10-31",
        "close": 17.15,
        "volume": 1151156,
        "typical_volume": 2197020.95,
        "trend": 17.44,
        "fair_value": 24.092628,
        "relative_strength": -25.276763,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 24.526591,
        "energy": 11.957084,
        "activity_lines": [
          18.046667,
          18.160909,
          17.882381,
          17.771506
        ]
      },
      {
        "date": "2025-11-07",
        "close": 17.049999,
        "volume": 948302,
        "typical_volume": 1898128.05,
        "trend": 17.58,
        "fair_value": 24.127564,
        "relative_strength": -23.252123,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 18.143158,
        "energy": 12.70399,
        "activity_lines": [
          17.643333,
          17.971818,
          17.821191,
          17.746344
        ]
      },
      {
        "date": "2025-11-14",
        "close": 17.0,
        "volume": 824015,
        "typical_volume": 1601015.95,
        "trend": 17.636667,
        "fair_value": 24.159936,
        "relative_strength": -22.096261,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.217639,
        "energy": 12.788102,
        "activity_lines": [
          17.316667,
          17.798182,
          17.761191,
          17.708925
        ]
      },
      {
        "date": "2025-11-21",
        "close": 16.25,
        "volume": 1111356,
        "typical_volume": 1567930.85,
        "trend": 17.678333,
        "fair_value": 24.1875,
        "relative_strength": -22.183938,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.677072,
        "energy": 37.508965,
        "activity_lines": [
          16.86,
          17.482727,
          17.635238,
          17.619462
        ]
      },
      {
        "date": "2025-11-28",
        "close": 17.5,
        "volume": 809072,
        "typical_volume": 1548821.2,
        "trend": 17.68,
        "fair_value": 24.221474,
        "relative_strength": -19.16025,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.461613,
        "energy": 34.067875,
        "activity_lines": [
          16.983333,
          17.393636,
          17.634286,
          17.607957
        ]
      },
      {
        "date": "2025-12-05",
        "close": 17.75,
        "volume": 854120,
        "typical_volume": 1526657.25,
        "trend": 17.673333,
        "fair_value": 24.255449,
        "relative_strength": -18.339304,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -36.106792,
        "energy": 24.760935,
        "activity_lines": [
          17.236667,
          17.4,
          17.653095,
          17.612473
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17.9,
        "volume": 1081097,
        "typical_volume": 1538150.7,
        "trend": 17.646667,
        "fair_value": 24.285577,
        "relative_strength": -17.656937,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.873911,
        "energy": 3.387764,
        "activity_lines": [
          17.5,
          17.439091,
          17.682619,
          17.627097
        ]
      },
      {
        "date": "2025-12-19",
        "close": 17.231014,
        "volume": 647123,
        "typical_volume": 1502975.55,
        "trend": 17.576034,
        "fair_value": 24.314942,
        "relative_strength": -18.799019,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.724042,
        "energy": 6.16487,
        "activity_lines": [
          17.483671,
          17.366548,
          17.640811,
          17.600281
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17.700001,
        "volume": 1101753,
        "typical_volume": 1497409.45,
        "trend": 17.572701,
        "fair_value": 24.346673,
        "relative_strength": -18.623853,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.848345,
        "energy": 10.181007,
        "activity_lines": [
          17.608271,
          17.407802,
          17.638759,
          17.608278
        ]
      },
      {
        "date": "2026-01-02",
        "close": 16.799999,
        "volume": 716686,
        "typical_volume": 1465288.25,
        "trend": 17.546034,
        "fair_value": 24.374237,
        "relative_strength": -24.33544,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.121102,
        "energy": 7.62602,
        "activity_lines": [
          17.336203,
          17.303602,
          17.54623,
          17.558427
        ]
      },
      {
        "date": "2026-01-09",
        "close": 16.35,
        "volume": 1180969,
        "typical_volume": 1376773.0,
        "trend": 17.512701,
        "fair_value": 24.398917,
        "relative_strength": -28.092109,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -58.943321,
        "energy": 45.170298,
        "activity_lines": [
          16.960802,
          17.143038,
          17.414415,
          17.481263
        ]
      },
      {
        "date": "2026-01-16",
        "close": 16.299999,
        "volume": 2305668,
        "typical_volume": 1434963.6,
        "trend": 17.446034,
        "fair_value": 24.423917,
        "relative_strength": -30.355435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.967271,
        "energy": 55.812477,
        "activity_lines": [
          16.662067,
          16.987929,
          17.288553,
          17.403024
        ]
      },
      {
        "date": "2026-01-23",
        "close": 15.7,
        "volume": 3151216,
        "typical_volume": 1480208.35,
        "trend": 17.364367,
        "fair_value": 24.44443,
        "relative_strength": -33.498801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.297189,
        "energy": 68.703668,
        "activity_lines": [
          16.27,
          16.737365,
          17.115549,
          17.290377
        ]
      },
      {
        "date": "2026-01-30",
        "close": 15.65,
        "volume": 1214142,
        "typical_volume": 1477860.8,
        "trend": 17.302701,
        "fair_value": 24.463981,
        "relative_strength": -33.397355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.947731,
        "energy": 73.150141,
        "activity_lines": [
          15.963333,
          16.501346,
          16.942544,
          17.179773
        ]
      },
      {
        "date": "2026-02-06",
        "close": 14.8,
        "volume": 1315709,
        "typical_volume": 1219713.9,
        "trend": 17.241034,
        "fair_value": 24.470712,
        "relative_strength": -35.858376,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.058008,
        "energy": 82.423799,
        "activity_lines": [
          15.51,
          16.121692,
          16.691206,
          17.018308
        ]
      },
      {
        "date": "2026-02-13",
        "close": 14.55,
        "volume": 888234,
        "typical_volume": 1152194.5,
        "trend": 17.159367,
        "fair_value": 24.477442,
        "relative_strength": -39.593228,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.463524,
        "energy": 85.379683,
        "activity_lines": [
          15.106667,
          15.745673,
          16.44201,
          16.844693
        ]
      },
      {
        "date": "2026-02-27",
        "close": 15.05,
        "volume": 1351196,
        "typical_volume": 1173093.9,
        "trend": 17.117701,
        "fair_value": 24.484173,
        "relative_strength": -39.898967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.043191,
        "energy": 79.892911,
        "activity_lines": [
          14.99,
          15.518746,
          16.257101,
          16.708605
        ]
      },
      {
        "date": "2026-03-06",
        "close": 14.65,
        "volume": 1065137,
        "typical_volume": 1186389.85,
        "trend": 17.066034,
        "fair_value": 24.489301,
        "relative_strength": -37.443257,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.843194,
        "energy": 81.043271,
        "activity_lines": [
          14.823333,
          15.270909,
          16.050286,
          16.549398
        ]
      },
      {
        "date": "2026-03-13",
        "close": 13.95,
        "volume": 1424018,
        "typical_volume": 1194078.1,
        "trend": 16.974367,
        "fair_value": 24.489622,
        "relative_strength": -39.187333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.910638,
        "energy": 79.457919,
        "activity_lines": [
          14.493333,
          14.942727,
          15.796567,
          16.348364
        ]
      },
      {
        "date": "2026-03-20",
        "close": 13.6,
        "volume": 1027300,
        "typical_volume": 1208413.45,
        "trend": 16.8427,
        "fair_value": 24.485455,
        "relative_strength": -40.081421,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.678257,
        "energy": 78.950026,
        "activity_lines": [
          14.16,
          14.619091,
          15.532134,
          16.130663
        ]
      },
      {
        "date": "2026-03-27",
        "close": 13.15,
        "volume": 1118725,
        "typical_volume": 1206791.9,
        "trend": 16.661034,
        "fair_value": 24.482571,
        "relative_strength": -40.519314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.203619,
        "energy": 87.964427,
        "activity_lines": [
          13.756667,
          14.271818,
          15.246748,
          15.892424
        ]
      },
      {
        "date": "2026-04-03",
        "close": 12.5,
        "volume": 912317,
        "typical_volume": 1204992.65,
        "trend": 16.464367,
        "fair_value": 24.471673,
        "relative_strength": -41.744317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.049724,
        "energy": 91.797523,
        "activity_lines": [
          13.23,
          13.864545,
          14.918505,
          15.62397
        ]
      },
      {
        "date": "2026-04-10",
        "close": 12.55,
        "volume": 779263,
        "typical_volume": 1202755.05,
        "trend": 16.326034,
        "fair_value": 24.462378,
        "relative_strength": -45.435857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.606156,
        "energy": 90.626358,
        "activity_lines": [
          12.89,
          13.535455,
          14.616691,
          15.371431
        ]
      },
      {
        "date": "2026-04-17",
        "close": 13.35,
        "volume": 2011516,
        "typical_volume": 1247763.05,
        "trend": 16.231034,
        "fair_value": 24.455647,
        "relative_strength": -43.651556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.304548,
        "energy": 79.53486,
        "activity_lines": [
          12.956667,
          13.409091,
          14.412257,
          15.179428
        ]
      },
      {
        "date": "2026-04-24",
        "close": 13.5,
        "volume": 3460242,
        "typical_volume": 1380321.55,
        "trend": 16.006034,
        "fair_value": 24.433532,
        "relative_strength": -45.412085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.707894,
        "energy": 57.62877,
        "activity_lines": [
          13.113333,
          13.351818,
          14.235919,
          15.003233
        ]
      },
      {
        "date": "2026-05-01",
        "close": 13.0,
        "volume": 919019,
        "typical_volume": 1383566.5,
        "trend": 15.8377,
        "fair_value": 24.410455,
        "relative_strength": -46.747602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.739462,
        "energy": 53.954846,
        "activity_lines": [
          13.11,
          13.227273,
          14.03101,
          14.809295
        ]
      },
      {
        "date": "2026-05-08",
        "close": 12.6,
        "volume": 1356688,
        "typical_volume": 1397346.05,
        "trend": 15.6427,
        "fair_value": 24.373917,
        "relative_strength": -50.899704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.238797,
        "energy": 51.457147,
        "activity_lines": [
          12.983333,
          13.058182,
          13.810624,
          14.600411
        ]
      },
      {
        "date": "2026-05-15",
        "close": 12.05,
        "volume": 2132306,
        "typical_volume": 1471605.2,
        "trend": 15.4177,
        "fair_value": 24.326481,
        "relative_strength": -51.699064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.816393,
        "energy": 57.753897,
        "activity_lines": [
          12.666667,
          12.833636,
          13.563095,
          14.368624
        ]
      },
      {
        "date": "2026-05-22",
        "close": 11.95,
        "volume": 1470001,
        "typical_volume": 1490017.6,
        "trend": 15.1927,
        "fair_value": 24.272955,
        "relative_strength": -52.476717,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.745522,
        "energy": 60.242881,
        "activity_lines": [
          12.35,
          12.638182,
          13.330714,
          14.144901
        ]
      },
      {
        "date": "2026-05-29",
        "close": 11.8,
        "volume": 2148145,
        "typical_volume": 1561590.55,
        "trend": 14.979367,
        "fair_value": 24.223276,
        "relative_strength": -54.737497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.963595,
        "energy": 67.568148,
        "activity_lines": [
          12.076667,
          12.451818,
          13.111429,
          13.926017
        ]
      },
      {
        "date": "2026-06-05",
        "close": 13.65,
        "volume": 6318694,
        "typical_volume": 1818476.8,
        "trend": 14.8627,
        "fair_value": 24.15116,
        "relative_strength": -47.107188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.19679,
        "energy": 45.438425,
        "activity_lines": [
          12.533333,
          12.634545,
          13.092143,
          13.840252
        ]
      },
      {
        "date": "2026-06-12",
        "close": 12.55,
        "volume": 1180828,
        "typical_volume": 1762234.8,
        "trend": 14.7127,
        "fair_value": 24.072635,
        "relative_strength": -49.480049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.865507,
        "energy": 39.04981,
        "activity_lines": [
          12.58,
          12.608182,
          12.980952,
          13.691045
        ]
      },
      {
        "date": "2026-06-19",
        "close": 12.6,
        "volume": 627586,
        "typical_volume": 1636053.3,
        "trend": 14.566034,
        "fair_value": 23.977122,
        "relative_strength": -50.92125,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.432636,
        "energy": 28.220938,
        "activity_lines": [
          12.646667,
          12.59,
          12.892381,
          13.554742
        ]
      },
      {
        "date": "2026-06-26",
        "close": 12.0,
        "volume": 1084579,
        "typical_volume": 1629575.15,
        "trend": 14.424367,
        "fair_value": 23.867506,
        "relative_strength": -50.302567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.10151,
        "energy": 28.823132,
        "activity_lines": [
          12.476667,
          12.461818,
          12.761429,
          13.389191
        ]
      },
      {
        "date": "2026-07-03",
        "close": 13.4,
        "volume": 1725964,
        "typical_volume": 1650087.9,
        "trend": 14.2877,
        "fair_value": 23.741224,
        "relative_strength": -46.135636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.328842,
        "energy": 21.765488,
        "activity_lines": [
          12.77,
          12.612727,
          12.78119,
          13.323103
        ]
      },
      {
        "date": "2026-07-10",
        "close": 12.9,
        "volume": 688021,
        "typical_volume": 1640077.25,
        "trend": 14.126034,
        "fair_value": 23.62584,
        "relative_strength": -45.546857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.474999,
        "energy": 18.40961,
        "activity_lines": [
          12.79,
          12.674545,
          12.76,
          13.233574
        ]
      },
      {
        "date": "2026-07-17",
        "close": 12.3,
        "volume": 1004023,
        "typical_volume": 1622718.6,
        "trend": 13.939367,
        "fair_value": 23.510455,
        "relative_strength": -43.898369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.952083,
        "energy": 22.060309,
        "activity_lines": [
          12.66,
          12.629091,
          12.689524,
          13.115766
        ]
      },
      {
        "date": "2026-07-24",
        "close": 12.3,
        "volume": 550502,
        "typical_volume": 1596986.85,
        "trend": 13.775,
        "fair_value": 23.386417,
        "relative_strength": -44.232983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.325296,
        "energy": 23.235056,
        "activity_lines": [
          12.546667,
          12.589091,
          12.632143,
          13.01
        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.8,
        "volume": 1146007,
        "typical_volume": 1583086.3,
        "trend": 13.578333,
        "fair_value": 23.279686,
        "relative_strength": -44.947589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.383067,
        "energy": 34.005527,
        "activity_lines": [
          12.286667,
          12.453636,
          12.538333,
          12.882581
        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.0,
        "volume": 474019,
        "typical_volume": 1555422.25,
        "trend": 13.418333,
        "fair_value": 23.158853,
        "relative_strength": -44.513291,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.806577,
        "energy": 41.471984,
        "activity_lines": [
          12.106667,
          12.357273,
          12.47381,
          12.780753
        ]
      },
      {
        "date": "2026-08-14",
        "close": 11.4,
        "volume": 534885,
        "typical_volume": 1526230.25,
        "trend": 13.253333,
        "fair_value": 23.036737,
        "relative_strength": -48.202265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.046547,
        "energy": 56.348744,
        "activity_lines": [
          11.82,
          12.148182,
          12.359762,
          12.650538
        ]
      }
    ],
    "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."
    }
  }
}