{
  "ticker": {
    "uuid": "3c186713-e875-4642-b5cf-a05dcdaedd55",
    "symbol": "SCC",
    "name": "Space-Communication Ltd",
    "exchange": "TLV",
    "country": "IL",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "TA35.TA",
    "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": -69.616,
    "architecture_energy": 68.159,
    "architecture_maturity": 74.507,
    "architecture_confidence": 96,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 0.87,
        "rotation_up": 29.92,
        "upward_expansion": 12.0,
        "deceleration": 56.81,
        "rotation_down": 61.82,
        "downward_expansion": 90.0
      },
      "activity_lines": [
        1.8778,
        2.047836,
        72.11972,
        123.118391
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -1.0
    },
    "latest_close": 1.658,
    "trend_reference": 185.221702,
    "distance_from_trend": -0.991049,
    "trend_direction": "Weakening",
    "fair_value": 115.789778,
    "distance_from_fair_value": -0.985681,
    "fair_value_direction": "Weakening",
    "relative_strength": -99.380411,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.994471,
    "excess_performance": -1.023372,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.991049,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.363827,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.985681,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -2.294397,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.993804,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.974048,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.994471,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.517291,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2953159,
      "relative_activity": 2.73646,
      "balance": 0.517291,
      "dry_up": 1.261565,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 16.776979,
      "annualized_volatility": 6.358349,
      "from_high_reference": -0.997507,
      "from_low_reference": 0.096561
    },
    "levels": {
      "trend_reference": 185.221702,
      "fair_value_reference": 115.789778,
      "structural_low": 1.512,
      "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": 37,
        "median_return": -0.066832,
        "positive_rate": 0.324324,
        "directional_follow_through": 0.675676,
        "median_excess_return": -0.08287,
        "regime_survival": 0.918919,
        "best_return": 0.228511,
        "worst_return": -0.376543,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": -0.188879,
        "positive_rate": 0.166667,
        "directional_follow_through": 0.833333,
        "median_excess_return": -0.180387,
        "regime_survival": 0.833333,
        "best_return": 0.022252,
        "worst_return": -0.991531,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.422098,
        "positive_rate": 0.166667,
        "directional_follow_through": 0.833333,
        "median_excess_return": -0.389854,
        "regime_survival": 0.833333,
        "best_return": 0.495327,
        "worst_return": -0.527082,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.576967,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.521672,
        "regime_survival": 0.666667,
        "best_return": -0.179487,
        "worst_return": -0.734573,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.031707,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-11",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.151579,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-02",
        "end": "2025-05-23",
        "tenure": "New",
        "return": -0.206704,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-13",
        "tenure": "New",
        "return": -0.138425,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-06-20",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.429687,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-01",
        "end": "2025-08-08",
        "tenure": "New",
        "return": -0.066406,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-15",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 2.719008,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-10-03",
        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.101037,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.327392,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-21",
        "end": "2026-02-20",
        "tenure": "Established",
        "return": -0.115198,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-27",
        "end": "2026-03-20",
        "tenure": "New",
        "return": 0.220576,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.157058,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-05-29",
        "tenure": "New",
        "return": -0.086104,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.376692,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 123.699997,
        "volume": 71157,
        "typical_volume": 100945.1,
        "trend": 178.89,
        "fair_value": 411.324359,
        "relative_strength": -48.62568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.092383,
        "energy": 84.478222,
        "activity_lines": [
          127.853334,
          136.801819,
          149.741906,
          161.606667
        ]
      },
      {
        "date": "2023-08-25",
        "close": 118.800003,
        "volume": 89672,
        "typical_volume": 98826.1,
        "trend": 175.51,
        "fair_value": 409.039744,
        "relative_strength": -50.202916,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.056951,
        "energy": 81.364956,
        "activity_lines": [
          123.653334,
          131.925456,
          146.000001,
          157.729893
        ]
      },
      {
        "date": "2023-09-01",
        "close": 117.099998,
        "volume": 33755,
        "typical_volume": 99573.0,
        "trend": 172.113333,
        "fair_value": 407.182051,
        "relative_strength": -49.829219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.901949,
        "energy": 78.277521,
        "activity_lines": [
          120.706666,
          127.778183,
          142.423334,
          153.961506
        ]
      },
      {
        "date": "2023-09-08",
        "close": 113.900002,
        "volume": 47604,
        "typical_volume": 96049.4,
        "trend": 168.593333,
        "fair_value": 405.391026,
        "relative_strength": -49.25459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.522512,
        "energy": 76.584844,
        "activity_lines": [
          117.673334,
          123.998183,
          138.847144,
          150.205807
        ]
      },
      {
        "date": "2023-09-15",
        "close": 91.099998,
        "volume": 546012,
        "typical_volume": 121268.3,
        "trend": 164.283333,
        "fair_value": 403.430769,
        "relative_strength": -58.530772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.826543,
        "energy": 81.982539,
        "activity_lines": [
          108.246666,
          116.865455,
          133.320477,
          145.206237
        ]
      },
      {
        "date": "2023-09-22",
        "close": 88.199997,
        "volume": 176516,
        "typical_volume": 126006.4,
        "trend": 159.71,
        "fair_value": 401.427564,
        "relative_strength": -59.030891,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.724506,
        "energy": 91.115917,
        "activity_lines": [
          100.006665,
          110.243636,
          127.826667,
          140.297635
        ]
      },
      {
        "date": "2023-09-29",
        "close": 88.800003,
        "volume": 100358,
        "typical_volume": 126569.05,
        "trend": 155.326667,
        "fair_value": 399.404487,
        "relative_strength": -57.03605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.549518,
        "energy": 91.511516,
        "activity_lines": [
          94.333333,
          104.823636,
          122.72,
          135.722796
        ]
      },
      {
        "date": "2023-10-06",
        "close": 84.699997,
        "volume": 92239,
        "typical_volume": 128332.0,
        "trend": 150.493333,
        "fair_value": 397.132051,
        "relative_strength": -57.302165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.499155,
        "energy": 91.984088,
        "activity_lines": [
          89.293332,
          99.699999,
          117.590953,
          131.166237
        ]
      },
      {
        "date": "2023-10-13",
        "close": 79.900002,
        "volume": 146485,
        "typical_volume": 134748.35,
        "trend": 145.593334,
        "fair_value": 394.603846,
        "relative_strength": -55.578791,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.724811,
        "energy": 91.074998,
        "activity_lines": [
          84.813333,
          94.56,
          112.436667,
          126.611828
        ]
      },
      {
        "date": "2023-10-20",
        "close": 97.099998,
        "volume": 320146,
        "typical_volume": 145643.15,
        "trend": 141.433334,
        "fair_value": 392.455128,
        "relative_strength": -43.025014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.272455,
        "energy": 66.025257,
        "activity_lines": [
          88.333333,
          93.494545,
          109.356667,
          123.483226
        ]
      },
      {
        "date": "2023-10-27",
        "close": 90.099998,
        "volume": 103021,
        "typical_volume": 149562.45,
        "trend": 137.716667,
        "fair_value": 390.373077,
        "relative_strength": -43.624507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.324037,
        "energy": 64.143604,
        "activity_lines": [
          89.119999,
          91.634545,
          106.004762,
          120.171398
        ]
      },
      {
        "date": "2023-11-03",
        "close": 81.900002,
        "volume": 108740,
        "typical_volume": 153179.3,
        "trend": 134.196667,
        "fair_value": 388.171795,
        "relative_strength": -49.798194,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.340644,
        "energy": 64.677231,
        "activity_lines": [
          87.046666,
          88.894545,
          102.252857,
          116.570323
        ]
      },
      {
        "date": "2023-11-10",
        "close": 85.199997,
        "volume": 283418,
        "typical_volume": 151584.85,
        "trend": 130.996667,
        "fair_value": 385.721795,
        "relative_strength": -46.889252,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.862087,
        "energy": 56.888467,
        "activity_lines": [
          86.533332,
          87.425454,
          99.262857,
          113.409247
        ]
      },
      {
        "date": "2023-11-17",
        "close": 89.0,
        "volume": 323560,
        "typical_volume": 161501.25,
        "trend": 128.62,
        "fair_value": 383.298077,
        "relative_strength": -43.588749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.414881,
        "energy": 49.064509,
        "activity_lines": [
          87.253333,
          87.227272,
          97.035238,
          110.699785
        ]
      },
      {
        "date": "2023-11-24",
        "close": 95.400002,
        "volume": 1799366,
        "typical_volume": 249675.75,
        "trend": 126.6,
        "fair_value": 380.810898,
        "relative_strength": -40.527007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.08167,
        "energy": 38.402644,
        "activity_lines": [
          89.5,
          88.645454,
          95.743333,
          108.556559
        ]
      },
      {
        "date": "2023-12-01",
        "close": 103.900002,
        "volume": 877633,
        "typical_volume": 289639.05,
        "trend": 124.813334,
        "fair_value": 378.300641,
        "relative_strength": -33.355644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.023846,
        "energy": 24.879275,
        "activity_lines": [
          94.693334,
          91.530909,
          95.512381,
          107.092043
        ]
      },
      {
        "date": "2023-12-08",
        "close": 98.599998,
        "volume": 162860,
        "typical_volume": 288925.3,
        "trend": 122.563333,
        "fair_value": 375.871795,
        "relative_strength": -36.805782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.918717,
        "energy": 20.14128,
        "activity_lines": [
          97.2,
          93.167273,
          94.988095,
          105.40086
        ]
      },
      {
        "date": "2023-12-15",
        "close": 89.300003,
        "volume": 356662,
        "typical_volume": 299731.9,
        "trend": 119.693334,
        "fair_value": 373.319231,
        "relative_strength": -42.673315,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.038665,
        "energy": 20.876448,
        "activity_lines": [
          95.493334,
          92.934546,
          93.804286,
          103.254839
        ]
      },
      {
        "date": "2023-12-22",
        "close": 90.400002,
        "volume": 500305,
        "typical_volume": 318707.2,
        "trend": 116.99,
        "fair_value": 370.904488,
        "relative_strength": -42.088773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.988452,
        "energy": 18.817015,
        "activity_lines": [
          93.880001,
          92.818183,
          92.927619,
          101.364947
        ]
      },
      {
        "date": "2023-12-29",
        "close": 90.800003,
        "volume": 380139,
        "typical_volume": 325982.4,
        "trend": 114.016667,
        "fair_value": 368.506411,
        "relative_strength": -41.411012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.827987,
        "energy": 23.594365,
        "activity_lines": [
          92.306669,
          92.583638,
          92.287143,
          99.675269
        ]
      },
      {
        "date": "2024-01-05",
        "close": 97.199997,
        "volume": 110129,
        "typical_volume": 327931.0,
        "trend": 111.586667,
        "fair_value": 366.187821,
        "relative_strength": -37.264125,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.172378,
        "energy": 21.955419,
        "activity_lines": [
          93.173334,
          93.627273,
          92.411429,
          98.590323
        ]
      },
      {
        "date": "2024-01-12",
        "close": 94.800003,
        "volume": 155123,
        "typical_volume": 331203.55,
        "trend": 108.883334,
        "fair_value": 363.660257,
        "relative_strength": -37.40691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.949799,
        "energy": 18.296656,
        "activity_lines": [
          93.686668,
          94.105456,
          92.433334,
          97.507312
        ]
      },
      {
        "date": "2024-01-19",
        "close": 76.300003,
        "volume": 4905259,
        "typical_volume": 574778.75,
        "trend": 105.783334,
        "fair_value": 361.135257,
        "relative_strength": -48.173105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.396721,
        "energy": 28.470674,
        "activity_lines": [
          88.286668,
          90.985456,
          90.80762,
          95.405162
        ]
      },
      {
        "date": "2024-01-26",
        "close": 71.199997,
        "volume": 1545316,
        "typical_volume": 649664.35,
        "trend": 102.906667,
        "fair_value": 358.540385,
        "relative_strength": -50.29578,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.465051,
        "energy": 44.319138,
        "activity_lines": [
          82.053334,
          87.100001,
          88.890477,
          93.173979
        ]
      },
      {
        "date": "2024-02-02",
        "close": 60.599998,
        "volume": 1492911,
        "typical_volume": 697009.3,
        "trend": 99.986667,
        "fair_value": 355.955129,
        "relative_strength": -56.558104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.400755,
        "energy": 67.852585,
        "activity_lines": [
          73.566666,
          81.610909,
          86.167143,
          90.444516
        ]
      },
      {
        "date": "2024-02-09",
        "close": 67.599998,
        "volume": 365467,
        "typical_volume": 706456.85,
        "trend": 97.296667,
        "fair_value": 353.302565,
        "relative_strength": -50.839774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.173538,
        "energy": 69.170725,
        "activity_lines": [
          69.426665,
          78.027272,
          84.255714,
          88.355054
        ]
      },
      {
        "date": "2024-02-16",
        "close": 58.5,
        "volume": 700468,
        "typical_volume": 736462.35,
        "trend": 94.376667,
        "fair_value": 350.158334,
        "relative_strength": -57.158793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.321517,
        "energy": 74.830273,
        "activity_lines": [
          64.226666,
          73.449091,
          81.575714,
          85.852043
        ]
      },
      {
        "date": "2024-02-23",
        "close": 51.900002,
        "volume": 781393,
        "typical_volume": 770920.05,
        "trend": 91.713333,
        "fair_value": 346.910898,
        "relative_strength": -62.017418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.573712,
        "energy": 82.946983,
        "activity_lines": [
          59.246666,
          68.4,
          78.411429,
          83.111613
        ]
      },
      {
        "date": "2024-03-01",
        "close": 47.700001,
        "volume": 401660,
        "typical_volume": 783678.8,
        "trend": 88.903333,
        "fair_value": 344.05,
        "relative_strength": -64.705663,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.102742,
        "energy": 85.329988,
        "activity_lines": [
          54.493334,
          63.267273,
          75.003334,
          80.272043
        ]
      },
      {
        "date": "2024-03-08",
        "close": 48.099998,
        "volume": 160717,
        "typical_volume": 775707.35,
        "trend": 86.393333,
        "fair_value": 341.153206,
        "relative_strength": -63.221592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.469919,
        "energy": 85.98488,
        "activity_lines": [
          51.44,
          58.983636,
          71.786667,
          77.63957
        ]
      },
      {
        "date": "2024-03-15",
        "close": 56.099998,
        "volume": 335698,
        "typical_volume": 787341.2,
        "trend": 84.14,
        "fair_value": 338.282052,
        "relative_strength": -54.526923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.212975,
        "energy": 79.012705,
        "activity_lines": [
          51.886666,
          56.930908,
          69.565238,
          75.685161
        ]
      },
      {
        "date": "2024-03-22",
        "close": 58.099998,
        "volume": 231533,
        "typical_volume": 793480.85,
        "trend": 82.116667,
        "fair_value": 335.523077,
        "relative_strength": -53.881563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.923133,
        "energy": 54.088671,
        "activity_lines": [
          53.766665,
          55.98909,
          67.69619,
          74.005161
        ]
      },
      {
        "date": "2024-03-29",
        "close": 58.599998,
        "volume": 255331,
        "typical_volume": 792076.5,
        "trend": 80.166667,
        "fair_value": 332.725641,
        "relative_strength": -52.595374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.472274,
        "energy": 41.839272,
        "activity_lines": [
          55.839998,
          55.805453,
          65.988095,
          72.487957
        ]
      },
      {
        "date": "2024-04-05",
        "close": 60.700001,
        "volume": 334678,
        "typical_volume": 792632.4,
        "trend": 78.393333,
        "fair_value": 330.005129,
        "relative_strength": -48.425851,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.849402,
        "energy": 31.997681,
        "activity_lines": [
          58.166666,
          56.325454,
          64.606666,
          71.232043
        ]
      },
      {
        "date": "2024-04-12",
        "close": 67.099998,
        "volume": 284448,
        "typical_volume": 716886.5,
        "trend": 77.593333,
        "fair_value": 327.358975,
        "relative_strength": -41.339533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.223226,
        "energy": 22.070646,
        "activity_lines": [
          61.759999,
          58.199999,
          63.969523,
          70.503441
        ]
      },
      {
        "date": "2024-04-19",
        "close": 56.900002,
        "volume": 250693,
        "typical_volume": 685539.5,
        "trend": 76.55,
        "fair_value": 324.809616,
        "relative_strength": -48.655305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.382537,
        "energy": 26.791887,
        "activity_lines": [
          60.686667,
          58.101818,
          62.495714,
          69.168387
        ]
      },
      {
        "date": "2024-04-26",
        "close": 62.599998,
        "volume": 106316,
        "typical_volume": 682712.3,
        "trend": 75.676666,
        "fair_value": 322.133334,
        "relative_strength": -42.799424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.433626,
        "energy": 22.357966,
        "activity_lines": [
          61.459999,
          59.234545,
          61.788571,
          68.268387
        ]
      },
      {
        "date": "2024-05-03",
        "close": 57.400002,
        "volume": 460531,
        "typical_volume": 687905.75,
        "trend": 74.766667,
        "fair_value": 319.421154,
        "relative_strength": -46.895191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.912764,
        "energy": 25.738902,
        "activity_lines": [
          60.2,
          59.347272,
          60.757619,
          67.089247
        ]
      },
      {
        "date": "2024-05-10",
        "close": 61.400002,
        "volume": 574193,
        "typical_volume": 691600.15,
        "trend": 74.15,
        "fair_value": 316.00577,
        "relative_strength": -43.818336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.761432,
        "energy": 26.375533,
        "activity_lines": [
          60.353334,
          60.087273,
          60.259524,
          66.226882
        ]
      },
      {
        "date": "2024-05-17",
        "close": 61.099998,
        "volume": 25039,
        "typical_volume": 673845.15,
        "trend": 72.95,
        "fair_value": 312.323718,
        "relative_strength": -42.17005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.380819,
        "energy": 22.8906,
        "activity_lines": [
          60.36,
          60.523636,
          59.870952,
          65.384946
        ]
      },
      {
        "date": "2024-05-24",
        "close": 51.200001,
        "volume": 290146,
        "typical_volume": 682846.0,
        "trend": 71.653333,
        "fair_value": 308.846795,
        "relative_strength": -49.914249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.930664,
        "energy": 37.91837,
        "activity_lines": [
          57.466667,
          58.923637,
          58.680952,
          63.98172
        ]
      },
      {
        "date": "2024-05-31",
        "close": 51.200001,
        "volume": 86872,
        "typical_volume": 679433.45,
        "trend": 70.63,
        "fair_value": 305.533334,
        "relative_strength": -49.223264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.87571,
        "energy": 47.018276,
        "activity_lines": [
          54.953334,
          57.412728,
          57.71,
          62.66215
        ]
      },
      {
        "date": "2024-06-07",
        "close": 40.5,
        "volume": 608547,
        "typical_volume": 464597.85,
        "trend": 69.14,
        "fair_value": 301.791026,
        "relative_strength": -57.945507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.14934,
        "energy": 74.432697,
        "activity_lines": [
          49.633334,
          54.081819,
          55.927619,
          60.71828
        ]
      },
      {
        "date": "2024-06-14",
        "close": 36.599998,
        "volume": 107643,
        "typical_volume": 392714.2,
        "trend": 67.393333,
        "fair_value": 297.862821,
        "relative_strength": -61.224803,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.255731,
        "energy": 86.430013,
        "activity_lines": [
          44.14,
          50.370909,
          53.944285,
          58.618925
        ]
      },
      {
        "date": "2024-06-21",
        "close": 40.400002,
        "volume": 1231320,
        "typical_volume": 379634.65,
        "trend": 65.56,
        "fair_value": 294.204488,
        "relative_strength": -55.442305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.009317,
        "energy": 80.754926,
        "activity_lines": [
          41.566667,
          47.789091,
          52.487619,
          56.877419
        ]
      },
      {
        "date": "2024-06-28",
        "close": 38.299999,
        "volume": 300994,
        "typical_volume": 376411.0,
        "trend": 63.373333,
        "fair_value": 290.391026,
        "relative_strength": -56.645774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.162204,
        "energy": 81.120443,
        "activity_lines": [
          39.673333,
          45.310909,
          50.927143,
          55.11871
        ]
      },
      {
        "date": "2024-07-05",
        "close": 43.099998,
        "volume": 439438,
        "typical_volume": 363359.5,
        "trend": 61.523333,
        "fair_value": 286.841026,
        "relative_strength": -50.877662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.543236,
        "energy": 64.601777,
        "activity_lines": [
          40.239999,
          44.043636,
          49.963333,
          53.810752
        ]
      },
      {
        "date": "2024-07-12",
        "close": 39.0,
        "volume": 216776,
        "typical_volume": 335128.65,
        "trend": 59.846667,
        "fair_value": 283.43718,
        "relative_strength": -55.432675,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.99705,
        "energy": 52.809419,
        "activity_lines": [
          39.979999,
          42.385454,
          48.682381,
          52.357634
        ]
      },
      {
        "date": "2024-07-19",
        "close": 37.700001,
        "volume": 104636,
        "typical_volume": 320277.45,
        "trend": 58.09,
        "fair_value": 280.038462,
        "relative_strength": -55.173021,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.160772,
        "energy": 52.913272,
        "activity_lines": [
          39.386667,
          40.825454,
          47.339048,
          50.928817
        ]
      },
      {
        "date": "2024-07-26",
        "close": 31.799999,
        "volume": 1742195,
        "typical_volume": 399351.35,
        "trend": 56.123333,
        "fair_value": 276.61859,
        "relative_strength": -61.223259,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.25932,
        "energy": 58.839816,
        "activity_lines": [
          36.753333,
          38.623636,
          45.481428,
          49.232688
        ]
      },
      {
        "date": "2024-08-02",
        "close": 29.1,
        "volume": 406507,
        "typical_volume": 402891.8,
        "trend": 53.853333,
        "fair_value": 273.304488,
        "relative_strength": -62.368601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.952628,
        "energy": 81.920078,
        "activity_lines": [
          33.793333,
          36.463636,
          43.444286,
          47.489247
        ]
      },
      {
        "date": "2024-08-09",
        "close": 30.5,
        "volume": 279302,
        "typical_volume": 405280.25,
        "trend": 51.71,
        "fair_value": 270.153206,
        "relative_strength": -60.00987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.827372,
        "energy": 84.017839,
        "activity_lines": [
          31.913333,
          34.96,
          41.669048,
          45.98258
        ]
      },
      {
        "date": "2024-08-16",
        "close": 32.099998,
        "volume": 144260,
        "typical_volume": 399726.7,
        "trend": 50.236666,
        "fair_value": 266.891667,
        "relative_strength": -57.809232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.272972,
        "energy": 78.498147,
        "activity_lines": [
          31.406666,
          34.123636,
          40.177619,
          44.717419
        ]
      },
      {
        "date": "2024-08-23",
        "close": 35.5,
        "volume": 608796,
        "typical_volume": 413432.6,
        "trend": 49.046666,
        "fair_value": 263.241026,
        "relative_strength": -52.074598,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.323767,
        "energy": 61.339234,
        "activity_lines": [
          32.493333,
          34.058181,
          39.13619,
          43.766666
        ]
      },
      {
        "date": "2024-08-30",
        "close": 29.5,
        "volume": 347659,
        "typical_volume": 416593.15,
        "trend": 48.01,
        "fair_value": 259.767949,
        "relative_strength": -59.918581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.576125,
        "energy": 54.517866,
        "activity_lines": [
          31.726666,
          32.921818,
          37.643333,
          42.505591
        ]
      },
      {
        "date": "2024-09-06",
        "close": 31.6,
        "volume": 92821,
        "typical_volume": 408699.55,
        "trend": 46.81,
        "fair_value": 256.282052,
        "relative_strength": -55.479897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.502783,
        "energy": 49.583111,
        "activity_lines": [
          31.813333,
          32.365454,
          36.529524,
          41.446881
        ]
      },
      {
        "date": "2024-09-13",
        "close": 30.799999,
        "volume": 45500,
        "typical_volume": 405658.75,
        "trend": 45.886666,
        "fair_value": 252.855128,
        "relative_strength": -55.376655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.944399,
        "energy": 48.994554,
        "activity_lines": [
          31.466666,
          31.785454,
          35.46,
          40.413978
        ]
      },
      {
        "date": "2024-09-20",
        "close": 30.6,
        "volume": 164718,
        "typical_volume": 390868.1,
        "trend": 45.176666,
        "fair_value": 249.492308,
        "relative_strength": -53.361995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.102736,
        "energy": 53.97936,
        "activity_lines": [
          31.033333,
          31.392727,
          34.522857,
          39.427742
        ]
      },
      {
        "date": "2024-09-27",
        "close": 30.0,
        "volume": 18333,
        "typical_volume": 363075.1,
        "trend": 44.586666,
        "fair_value": 246.222436,
        "relative_strength": -55.723201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.201172,
        "energy": 56.19325,
        "activity_lines": [
          30.5,
          31.043636,
          33.65619,
          38.448602
        ]
      },
      {
        "date": "2024-10-04",
        "close": 29.0,
        "volume": 117953,
        "typical_volume": 367720.8,
        "trend": 43.95,
        "fair_value": 243.11859,
        "relative_strength": -56.310071,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.178447,
        "energy": 62.531532,
        "activity_lines": [
          30.0,
          30.652727,
          32.843809,
          37.443011
        ]
      },
      {
        "date": "2024-10-11",
        "close": 28.299999,
        "volume": 73355,
        "typical_volume": 356881.25,
        "trend": 43.023333,
        "fair_value": 239.48718,
        "relative_strength": -56.492161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.826277,
        "energy": 67.15503,
        "activity_lines": [
          29.3,
          30.185454,
          32.117619,
          36.433333
        ]
      },
      {
        "date": "2024-10-18",
        "close": 41.700001,
        "volume": 2788739,
        "typical_volume": 491974.6,
        "trend": 42.476667,
        "fair_value": 236.091667,
        "relative_strength": -35.664062,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.12856,
        "energy": 16.374631,
        "activity_lines": [
          33.286667,
          32.169091,
          32.776666,
          36.347957
        ]
      },
      {
        "date": "2024-10-25",
        "close": 40.799999,
        "volume": 805243,
        "typical_volume": 501809.4,
        "trend": 41.883333,
        "fair_value": 232.503205,
        "relative_strength": -36.073463,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 3.268657,
        "energy": 15.070062,
        "activity_lines": [
          36.246666,
          33.785454,
          33.395238,
          36.239785
        ]
      },
      {
        "date": "2024-11-01",
        "close": 38.700001,
        "volume": 224551,
        "typical_volume": 507654.8,
        "trend": 41.15,
        "fair_value": 229.011539,
        "relative_strength": -39.481379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -1.547503,
        "energy": 22.835172,
        "activity_lines": [
          37.826667,
          34.861818,
          33.812381,
          36.034408
        ]
      },
      {
        "date": "2024-11-08",
        "close": 33.900002,
        "volume": 940619,
        "typical_volume": 493119.75,
        "trend": 40.043333,
        "fair_value": 225.525,
        "relative_strength": -46.369637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -4.392867,
        "energy": 23.042817,
        "activity_lines": [
          37.226667,
          35.007273,
          33.762381,
          35.566667
        ]
      },
      {
        "date": "2024-11-15",
        "close": 34.799999,
        "volume": 298286,
        "typical_volume": 492984.35,
        "trend": 39.306667,
        "fair_value": 222.299359,
        "relative_strength": -44.490197,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.004167,
        "energy": 15.096968,
        "activity_lines": [
          36.6,
          35.236364,
          33.829048,
          35.228387
        ]
      },
      {
        "date": "2024-11-22",
        "close": 33.700001,
        "volume": 289377,
        "typical_volume": 485481.3,
        "trend": 38.343333,
        "fair_value": 218.98718,
        "relative_strength": -44.567385,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.418172,
        "energy": 10.972337,
        "activity_lines": [
          35.173334,
          35.207273,
          33.807619,
          34.866667
        ]
      },
      {
        "date": "2024-11-29",
        "close": 32.799999,
        "volume": 162821,
        "typical_volume": 482783.55,
        "trend": 37.523333,
        "fair_value": 215.591667,
        "relative_strength": -44.332425,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.866504,
        "energy": 21.546837,
        "activity_lines": [
          33.98,
          34.961818,
          33.745238,
          34.509032
        ]
      },
      {
        "date": "2024-12-06",
        "close": 32.0,
        "volume": 196887,
        "typical_volume": 487396.1,
        "trend": 36.543333,
        "fair_value": 212.083974,
        "relative_strength": -45.477131,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.171875,
        "energy": 25.014851,
        "activity_lines": [
          33.053333,
          34.530909,
          33.63619,
          34.152688
        ]
      },
      {
        "date": "2024-12-13",
        "close": 31.5,
        "volume": 216193,
        "typical_volume": 411096.0,
        "trend": 35.556667,
        "fair_value": 208.755128,
        "relative_strength": -45.088685,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.935326,
        "energy": 27.574704,
        "activity_lines": [
          32.406667,
          33.972727,
          33.506667,
          33.827312
        ]
      },
      {
        "date": "2024-12-20",
        "close": 33.5,
        "volume": 727685,
        "typical_volume": 427154.9,
        "trend": 34.966667,
        "fair_value": 205.466667,
        "relative_strength": -40.789184,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.679367,
        "energy": 22.857607,
        "activity_lines": [
          32.586667,
          33.732727,
          33.569048,
          33.694624
        ]
      },
      {
        "date": "2024-12-27",
        "close": 31.200001,
        "volume": 466646,
        "typical_volume": 436522.1,
        "trend": 34.3,
        "fair_value": 202.208974,
        "relative_strength": -43.584663,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.184036,
        "energy": 29.088681,
        "activity_lines": [
          32.086667,
          32.98,
          33.391429,
          33.451613
        ]
      },
      {
        "date": "2025-01-03",
        "close": 33.200001,
        "volume": 482298,
        "typical_volume": 453424.0,
        "trend": 34.056667,
        "fair_value": 198.848718,
        "relative_strength": -38.902851,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.172396,
        "energy": 19.267682,
        "activity_lines": [
          32.420001,
          32.781819,
          33.400953,
          33.380645
        ]
      },
      {
        "date": "2025-01-10",
        "close": 40.900002,
        "volume": 1241817,
        "typical_volume": 485075.05,
        "trend": 34.2,
        "fair_value": 195.473077,
        "relative_strength": -23.603345,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.835976,
        "energy": 14.021304,
        "activity_lines": [
          35.293334,
          34.121819,
          34.138572,
          33.822151
        ]
      },
      {
        "date": "2025-01-17",
        "close": 38.200001,
        "volume": 677009,
        "typical_volume": 501542.55,
        "trend": 34.126667,
        "fair_value": 192.191667,
        "relative_strength": -29.126845,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.203427,
        "energy": 32.993762,
        "activity_lines": [
          36.673335,
          34.93091,
          34.593334,
          34.080215
        ]
      },
      {
        "date": "2025-01-24",
        "close": 39.700001,
        "volume": 724452,
        "typical_volume": 533124.1,
        "trend": 34.173333,
        "fair_value": 188.997436,
        "relative_strength": -24.541455,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.979347,
        "energy": 54.65938,
        "activity_lines": [
          38.106668,
          35.934546,
          35.149524,
          34.439785
        ]
      },
      {
        "date": "2025-01-31",
        "close": 41.0,
        "volume": 358553,
        "typical_volume": 548776.75,
        "trend": 34.103333,
        "fair_value": 185.757692,
        "relative_strength": -18.630809,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.003213,
        "energy": 64.665803,
        "activity_lines": [
          39.560001,
          37.085455,
          35.790953,
          34.880215
        ]
      },
      {
        "date": "2025-02-07",
        "close": 46.599998,
        "volume": 866325,
        "typical_volume": 583857.1,
        "trend": 34.356667,
        "fair_value": 182.653846,
        "relative_strength": -8.137362,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.411064,
        "energy": 77.301556,
        "activity_lines": [
          42.226666,
          39.121818,
          36.917143,
          35.686452
        ]
      },
      {
        "date": "2025-02-14",
        "close": 48.0,
        "volume": 457351,
        "typical_volume": 605808.0,
        "trend": 34.7,
        "fair_value": 179.621795,
        "relative_strength": -3.92745,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.307989,
        "energy": 82.142745,
        "activity_lines": [
          44.466666,
          41.161818,
          38.100476,
          36.566667
        ]
      },
      {
        "date": "2025-02-21",
        "close": 44.599998,
        "volume": 622174,
        "typical_volume": 631019.05,
        "trend": 35.126667,
        "fair_value": 176.659615,
        "relative_strength": -10.467097,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.882751,
        "energy": 75.495242,
        "activity_lines": [
          45.099999,
          42.292727,
          38.874286,
          37.205376
        ]
      },
      {
        "date": "2025-02-28",
        "close": 42.900002,
        "volume": 405681,
        "typical_volume": 647635.35,
        "trend": 35.586667,
        "fair_value": 173.763461,
        "relative_strength": -11.701018,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.887914,
        "energy": 65.17313,
        "activity_lines": [
          44.74,
          42.876364,
          39.411905,
          37.706882
        ]
      },
      {
        "date": "2025-03-07",
        "close": 57.599998,
        "volume": 4374998,
        "typical_volume": 726948.3,
        "trend": 36.49,
        "fair_value": 171.187179,
        "relative_strength": 18.847594,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.078134,
        "energy": 67.758865,
        "activity_lines": [
          49.066666,
          45.961818,
          41.28,
          39.127097
        ]
      },
      {
        "date": "2025-03-14",
        "close": 53.0,
        "volume": 551123,
        "typical_volume": 714242.3,
        "trend": 37.186667,
        "fair_value": 168.636538,
        "relative_strength": 8.364584,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.237304,
        "energy": 54.277248,
        "activity_lines": [
          50.753333,
          47.730909,
          42.634286,
          40.192258
        ]
      },
      {
        "date": "2025-03-21",
        "close": 51.799999,
        "volume": 812770,
        "typical_volume": 743653.25,
        "trend": 37.73,
        "fair_value": 166.016666,
        "relative_strength": 7.21527,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.658355,
        "energy": 51.966028,
        "activity_lines": [
          51.613333,
          48.921818,
          43.81619,
          41.135054
        ]
      },
      {
        "date": "2025-03-28",
        "close": 43.900002,
        "volume": 892993,
        "typical_volume": 741271.95,
        "trend": 38.21,
        "fair_value": 163.245513,
        "relative_strength": -6.570922,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.767749,
        "energy": 44.016505,
        "activity_lines": [
          49.586667,
          48.478182,
          44.183333,
          41.533118
        ]
      },
      {
        "date": "2025-04-04",
        "close": 39.700001,
        "volume": 201847,
        "typical_volume": 736450.0,
        "trend": 38.48,
        "fair_value": 160.576923,
        "relative_strength": -13.762876,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.07615,
        "energy": 20.407308,
        "activity_lines": [
          46.206667,
          47.167273,
          44.102857,
          41.629247
        ]
      },
      {
        "date": "2025-04-11",
        "close": 47.5,
        "volume": 709828,
        "typical_volume": 757472.55,
        "trend": 39.036667,
        "fair_value": 157.792307,
        "relative_strength": 6.130227,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.821655,
        "energy": 19.237499,
        "activity_lines": [
          45.640001,
          47.274546,
          44.741905,
          42.211183
        ]
      },
      {
        "date": "2025-04-18",
        "close": 51.900002,
        "volume": 270620,
        "typical_volume": 762862.5,
        "trend": 39.746667,
        "fair_value": 155.170513,
        "relative_strength": 13.618648,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.995936,
        "energy": 22.809167,
        "activity_lines": [
          47.213334,
          48.063637,
          45.734286,
          43.041076
        ]
      },
      {
        "date": "2025-04-25",
        "close": 54.700001,
        "volume": 295031,
        "typical_volume": 767769.7,
        "trend": 40.57,
        "fair_value": 152.626923,
        "relative_strength": 20.317289,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.90814,
        "energy": 33.180491,
        "activity_lines": [
          49.793334,
          49.265455,
          46.902381,
          44.005807
        ]
      },
      {
        "date": "2025-05-02",
        "close": 53.700001,
        "volume": 179305,
        "typical_volume": 765925.3,
        "trend": 41.393334,
        "fair_value": 150.152564,
        "relative_strength": 18.64013,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.026477,
        "energy": 45.710824,
        "activity_lines": [
          51.846668,
          50.163637,
          47.867143,
          44.852904
        ]
      },
      {
        "date": "2025-05-09",
        "close": 50.0,
        "volume": 268540,
        "typical_volume": 742968.05,
        "trend": 42.116667,
        "fair_value": 147.959615,
        "relative_strength": 6.848443,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.583164,
        "energy": 44.241954,
        "activity_lines": [
          52.013334,
          50.223637,
          48.37381,
          45.408172
        ]
      },
      {
        "date": "2025-05-16",
        "close": 54.5,
        "volume": 3634928,
        "typical_volume": 901382.15,
        "trend": 42.543334,
        "fair_value": 145.776282,
        "relative_strength": 18.04923,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.782833,
        "energy": 42.398171,
        "activity_lines": [
          52.993334,
          50.972728,
          49.230477,
          46.207097
        ]
      },
      {
        "date": "2025-05-23",
        "close": 42.599998,
        "volume": 562506,
        "typical_volume": 905392.55,
        "trend": 42.603334,
        "fair_value": 143.593589,
        "relative_strength": -5.465254,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.746408,
        "energy": 15.709818,
        "activity_lines": [
          49.54,
          49.614546,
          48.842857,
          46.210753
        ]
      },
      {
        "date": "2025-05-30",
        "close": 41.900002,
        "volume": 527104,
        "typical_volume": 869656.9,
        "trend": 42.71,
        "fair_value": 141.377564,
        "relative_strength": -9.720839,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.693787,
        "energy": 8.683787,
        "activity_lines": [
          46.473334,
          48.318182,
          48.34381,
          46.165377
        ]
      },
      {
        "date": "2025-06-06",
        "close": 41.599998,
        "volume": 213789,
        "typical_volume": 846495.9,
        "trend": 42.966667,
        "fair_value": 139.215384,
        "relative_strength": -10.918399,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.480022,
        "energy": 13.736612,
        "activity_lines": [
          44.159999,
          47.147273,
          47.811429,
          46.093764
        ]
      },
      {
        "date": "2025-06-13",
        "close": 36.099998,
        "volume": 2096406,
        "typical_volume": 915093.6,
        "trend": 43.01,
        "fair_value": 137.20641,
        "relative_strength": -21.078087,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.781913,
        "energy": 33.209345,
        "activity_lines": [
          40.819999,
          45.018181,
          46.739048,
          45.650753
        ]
      },
      {
        "date": "2025-06-20",
        "close": 38.400002,
        "volume": 649525,
        "typical_volume": 929642.2,
        "trend": 43.166667,
        "fair_value": 135.119871,
        "relative_strength": -19.569228,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.52419,
        "energy": 46.915027,
        "activity_lines": [
          39.173333,
          43.372727,
          45.902857,
          45.353333
        ]
      },
      {
        "date": "2025-06-27",
        "close": 40.200001,
        "volume": 355758,
        "typical_volume": 904113.85,
        "trend": 43.413334,
        "fair_value": 132.965384,
        "relative_strength": -17.316935,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.963407,
        "energy": 47.188551,
        "activity_lines": [
          39.2,
          42.22,
          45.250476,
          45.161936
        ]
      },
      {
        "date": "2025-07-04",
        "close": 38.599998,
        "volume": 465014,
        "typical_volume": 904497.0,
        "trend": 43.633334,
        "fair_value": 130.905128,
        "relative_strength": -23.069892,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.360208,
        "energy": 48.102829,
        "activity_lines": [
          38.853333,
          40.989091,
          44.47619,
          44.851398
        ]
      },
      {
        "date": "2025-07-11",
        "close": 40.0,
        "volume": 741985,
        "typical_volume": 910487.55,
        "trend": 43.916667,
        "fair_value": 128.752564,
        "relative_strength": -20.487568,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.330672,
        "energy": 32.94144,
        "activity_lines": [
          39.193333,
          40.305454,
          43.88,
          44.616989
        ]
      },
      {
        "date": "2025-07-18",
        "close": 37.599998,
        "volume": 169905,
        "typical_volume": 898698.75,
        "trend": 44.053333,
        "fair_value": 126.526923,
        "relative_strength": -23.523701,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.897632,
        "energy": 30.785344,
        "activity_lines": [
          38.839999,
          39.434545,
          43.077143,
          44.209462
        ]
      },
      {
        "date": "2025-07-25",
        "close": 54.900002,
        "volume": 5108658,
        "typical_volume": 935381.75,
        "trend": 44.843333,
        "fair_value": 124.346795,
        "relative_strength": 10.325242,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 19.615692,
        "energy": 13.687704,
        "activity_lines": [
          44.153333,
          41.934545,
          43.947143,
          44.909247
        ]
      },
      {
        "date": "2025-08-01",
        "close": 51.200001,
        "volume": 1265098,
        "typical_volume": 971080.5,
        "trend": 45.443333,
        "fair_value": 122.057051,
        "relative_strength": 3.298076,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.879453,
        "energy": 18.280878,
        "activity_lines": [
          47.133334,
          43.754546,
          44.477619,
          45.319355
        ]
      },
      {
        "date": "2025-08-08",
        "close": 47.799999,
        "volume": 876954,
        "typical_volume": 974289.7,
        "trend": 45.673333,
        "fair_value": 119.735256,
        "relative_strength": -1.086758,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.95683,
        "energy": 21.311075,
        "activity_lines": [
          48.246667,
          44.8,
          44.692857,
          45.471398
        ]
      },
      {
        "date": "2025-08-15",
        "close": 108.900002,
        "volume": 5973665,
        "typical_volume": 1228323.3,
        "trend": 48.03,
        "fair_value": 118.057051,
        "relative_strength": 117.598839,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.234589,
        "energy": 90.029938,
        "activity_lines": [
          69.113334,
          56.847273,
          50.746191,
          49.550538
        ]
      },
      {
        "date": "2025-08-22",
        "close": 155.5,
        "volume": 9559627,
        "typical_volume": 1696212.3,
        "trend": 51.89,
        "fair_value": 116.839102,
        "relative_strength": 195.79648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.052412,
        "energy": 97.580438,
        "activity_lines": [
          100.920001,
          76.143637,
          60.928095,
          56.484086
        ]
      },
      {
        "date": "2025-08-29",
        "close": 159.399994,
        "volume": 3312592,
        "typical_volume": 1826350.5,
        "trend": 55.836666,
        "fair_value": 114.848077,
        "relative_strength": 184.189474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.294239,
        "energy": 98.174595,
        "activity_lines": [
          126.166665,
          93.978181,
          70.93,
          63.420215
        ]
      },
      {
        "date": "2025-09-05",
        "close": 142.0,
        "volume": 1379895,
        "typical_volume": 1881814.25,
        "trend": 59.016667,
        "fair_value": 112.635256,
        "relative_strength": 147.067785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.466059,
        "energy": 90.256568,
        "activity_lines": [
          138.646665,
          106.44909,
          78.741904,
          68.97914
        ]
      },
      {
        "date": "2025-09-12",
        "close": 157.199997,
        "volume": 2655050,
        "typical_volume": 1999815.2,
        "trend": 62.656666,
        "fair_value": 110.558333,
        "relative_strength": 159.975355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.709404,
        "energy": 91.201839,
        "activity_lines": [
          150.139998,
          119.832726,
          87.57238,
          75.313548
        ]
      },
      {
        "date": "2025-09-19",
        "close": 232.199997,
        "volume": 3401793,
        "typical_volume": 2160939.6,
        "trend": 68.91,
        "fair_value": 109.302564,
        "relative_strength": 270.628527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.366326,
        "energy": 93.766019,
        "activity_lines": [
          179.339997,
          144.696362,
          103.057618,
          86.251827
        ]
      },
      {
        "date": "2025-09-26",
        "close": 405.0,
        "volume": 3004098,
        "typical_volume": 2297717.5,
        "trend": 80.98,
        "fair_value": 109.082692,
        "relative_strength": 479.629178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 99.348738,
        "energy": 79.245328,
        "activity_lines": [
          257.919998,
          197.483635,
          134.149999,
          107.935053
        ]
      },
      {
        "date": "2025-10-03",
        "close": 458.700012,
        "volume": 7317138,
        "typical_volume": 2481828.0,
        "trend": 94.35,
        "fair_value": 109.173718,
        "relative_strength": 461.901744,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 96.872215,
        "energy": 78.436929,
        "activity_lines": [
          337.76667,
          253.354546,
          168.666191,
          132.304086
        ]
      },
      {
        "date": "2025-10-10",
        "close": 412.354401,
        "volume": 3108227,
        "typical_volume": 2609114.05,
        "trend": 106.32848,
        "fair_value": 109.147784,
        "relative_strength": 354.891632,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 79.560553,
        "energy": 72.5112,
        "activity_lines": [
          382.21147,
          293.457165,
          196.843753,
          152.820499
        ]
      },
      {
        "date": "2025-10-17",
        "close": 533.0,
        "volume": 4201542,
        "typical_volume": 2792835.95,
        "trend": 122.36848,
        "fair_value": 110.036887,
        "relative_strength": 444.391534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.44119,
        "energy": 75.938108,
        "activity_lines": [
          448.847842,
          348.928903,
          234.750637,
          180.347694
        ]
      },
      {
        "date": "2025-10-24",
        "close": 375.799988,
        "volume": 10226053,
        "typical_volume": 3293449.15,
        "trend": 133.431813,
        "fair_value": 110.124707,
        "relative_strength": 262.707186,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.617007,
        "energy": 67.066346,
        "activity_lines": [
          438.030878,
          366.997002,
          255.347519,
          196.698114
        ]
      },
      {
        "date": "2025-10-31",
        "close": 399.0,
        "volume": 13523433,
        "typical_volume": 3864800.5,
        "trend": 145.40848,
        "fair_value": 110.284964,
        "relative_strength": 254.399561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.857346,
        "energy": 61.723389,
        "activity_lines": [
          425.373918,
          384.430559,
          276.562498,
          213.831545
        ]
      },
      {
        "date": "2025-11-07",
        "close": 319.399994,
        "volume": 4773463,
        "typical_volume": 4070997.4,
        "trend": 154.471813,
        "fair_value": 109.965733,
        "relative_strength": 166.38542,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.106029,
        "energy": 49.498952,
        "activity_lines": [
          386.583622,
          382.964114,
          288.468429,
          225.056804
        ]
      },
      {
        "date": "2025-11-14",
        "close": 358.5,
        "volume": 6947503,
        "typical_volume": 4400584.65,
        "trend": 164.691813,
        "fair_value": 110.072143,
        "relative_strength": 177.229399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.31439,
        "energy": 33.001241,
        "activity_lines": [
          370.11333,
          385.697671,
          302.760075,
          238.219913
        ]
      },
      {
        "date": "2025-11-21",
        "close": 309.899994,
        "volume": 2218156,
        "typical_volume": 4488241.75,
        "trend": 173.198479,
        "fair_value": 109.937528,
        "relative_strength": 135.67989,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.296011,
        "energy": 25.504825,
        "activity_lines": [
          341.033329,
          375.658499,
          310.907435,
          247.588183
        ]
      },
      {
        "date": "2025-11-28",
        "close": 334.799988,
        "volume": 4977255,
        "typical_volume": 4700005.25,
        "trend": 182.568479,
        "fair_value": 110.516374,
        "relative_strength": 142.233654,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.064432,
        "energy": 22.346672,
        "activity_lines": [
          335.12666,
          367.370235,
          320.134317,
          258.014087
        ]
      },
      {
        "date": "2025-12-05",
        "close": 316.0,
        "volume": 1947719,
        "typical_volume": 4788895.95,
        "trend": 191.435145,
        "fair_value": 111.10163,
        "relative_strength": 113.397347,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.155299,
        "energy": 19.242798,
        "activity_lines": [
          325.686662,
          353.798338,
          326.166916,
          266.622572
        ]
      },
      {
        "date": "2025-12-12",
        "close": 333.899994,
        "volume": 2892064,
        "typical_volume": 4678066.25,
        "trend": 200.748479,
        "fair_value": 111.987528,
        "relative_strength": 110.198558,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.506321,
        "energy": 17.580771,
        "activity_lines": [
          327.746661,
          345.099166,
          332.578561,
          275.813852
        ]
      },
      {
        "date": "2025-12-19",
        "close": 326.0,
        "volume": 1442324,
        "typical_volume": 4686927.55,
        "trend": 210.195145,
        "fair_value": 112.848425,
        "relative_strength": 97.066948,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.860184,
        "energy": 15.869142,
        "activity_lines": [
          326.206663,
          337.232723,
          336.909254,
          283.894596
        ]
      },
      {
        "date": "2025-12-26",
        "close": 306.5,
        "volume": 2289423,
        "typical_volume": 4757551.0,
        "trend": 219.015145,
        "fair_value": 113.808682,
        "relative_strength": 82.682006,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.688545,
        "energy": 11.775767,
        "activity_lines": [
          320.333331,
          327.390906,
          338.074234,
          290.107812
        ]
      },
      {
        "date": "2026-01-02",
        "close": 279.5,
        "volume": 4102446,
        "typical_volume": 4663990.05,
        "trend": 226.945145,
        "fair_value": 114.390733,
        "relative_strength": 58.39723,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.456864,
        "energy": 10.289357,
        "activity_lines": [
          305.686666,
          316.758179,
          335.435879,
          294.010061
        ]
      },
      {
        "date": "2026-01-09",
        "close": 315.5,
        "volume": 4077543,
        "typical_volume": 4389885.85,
        "trend": 236.258479,
        "fair_value": 115.070861,
        "relative_strength": 66.893524,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.788042,
        "energy": 11.51637,
        "activity_lines": [
          306.726666,
          314.421816,
          335.413716,
          299.723277
        ]
      },
      {
        "date": "2026-01-16",
        "close": 348.700012,
        "volume": 5456763,
        "typical_volume": 4497094.4,
        "trend": 246.601812,
        "fair_value": 116.014451,
        "relative_strength": 74.187779,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.101536,
        "energy": 11.653377,
        "activity_lines": [
          318.866671,
          319.640001,
          337.791553,
          306.97757
        ]
      },
      {
        "date": "2026-01-23",
        "close": 319.5,
        "volume": 2152696,
        "typical_volume": 4535734.45,
        "trend": 255.911812,
        "fair_value": 116.65099,
        "relative_strength": 55.199933,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.304745,
        "energy": 14.817047,
        "activity_lines": [
          320.28667,
          319.016365,
          336.487009,
          311.680679
        ]
      },
      {
        "date": "2026-01-30",
        "close": 279.200012,
        "volume": 1900969,
        "typical_volume": 4498030.4,
        "trend": 263.931813,
        "fair_value": 117.036887,
        "relative_strength": 32.43308,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.362962,
        "energy": 5.711325,
        "activity_lines": [
          308.706673,
          311.774549,
          330.499132,
          313.183143
        ]
      },
      {
        "date": "2026-02-06",
        "close": 299.899994,
        "volume": 2010124,
        "typical_volume": 4428446.95,
        "trend": 272.595146,
        "fair_value": 117.552272,
        "relative_strength": 37.770303,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.078787,
        "energy": 6.250202,
        "activity_lines": [
          305.846669,
          308.854548,
          325.901729,
          315.503671
        ]
      },
      {
        "date": "2026-02-13",
        "close": 289.399994,
        "volume": 1115558,
        "typical_volume": 4334019.95,
        "trend": 280.988479,
        "fair_value": 117.994579,
        "relative_strength": 26.893901,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.782189,
        "energy": 11.369461,
        "activity_lines": [
          298.126666,
          304.660001,
          319.981946,
          316.587855
        ]
      },
      {
        "date": "2026-02-20",
        "close": 274.200012,
        "volume": 1638887,
        "typical_volume": 4050107.4,
        "trend": 288.298479,
        "fair_value": 118.3074,
        "relative_strength": 16.542609,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.643265,
        "energy": 35.234965,
        "activity_lines": [
          287.080003,
          298.185457,
          313.165022,
          316.149889
        ]
      },
      {
        "date": "2026-02-27",
        "close": 243.0,
        "volume": 1428781,
        "typical_volume": 3966135.1,
        "trend": 294.691813,
        "fair_value": 118.452913,
        "relative_strength": 4.37926,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.985579,
        "energy": 54.925006,
        "activity_lines": [
          270.600002,
          287.123639,
          304.255239,
          313.227407
        ]
      },
      {
        "date": "2026-03-06",
        "close": 251.100006,
        "volume": 1243360,
        "typical_volume": 3818226.0,
        "trend": 301.46848,
        "fair_value": 118.590092,
        "relative_strength": 1.024761,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.485428,
        "energy": 59.129044,
        "activity_lines": [
          261.920003,
          279.04364,
          296.923335,
          310.415032
        ]
      },
      {
        "date": "2026-03-13",
        "close": 238.5,
        "volume": 854639,
        "typical_volume": 3349655.3,
        "trend": 305.78848,
        "fair_value": 118.664451,
        "relative_strength": -1.130009,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.060405,
        "energy": 63.873753,
        "activity_lines": [
          250.913336,
          269.680003,
          289.733811,
          306.352549
        ]
      },
      {
        "date": "2026-03-20",
        "close": 296.600006,
        "volume": 9164435,
        "typical_volume": 3131705.4,
        "trend": 310.491813,
        "fair_value": 119.143298,
        "relative_strength": 17.19559,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -57.533868,
        "energy": 48.800961,
        "activity_lines": [
          263.366671,
          271.625458,
          288.731431,
          305.759745
        ]
      },
      {
        "date": "2026-03-27",
        "close": 251.5,
        "volume": 1863712,
        "typical_volume": 2986217.85,
        "trend": 313.561813,
        "fair_value": 119.463169,
        "relative_strength": 3.085624,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.550552,
        "energy": 37.860505,
        "activity_lines": [
          260.306669,
          265.714548,
          283.921431,
          301.953821
        ]
      },
      {
        "date": "2026-04-03",
        "close": 248.100006,
        "volume": 878131,
        "typical_volume": 2682749.25,
        "trend": 317.09848,
        "fair_value": 119.851631,
        "relative_strength": -1.837409,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.744404,
        "energy": 36.949751,
        "activity_lines": [
          257.62667,
          260.95273,
          279.110955,
          297.730479
        ]
      },
      {
        "date": "2026-04-10",
        "close": 279.200012,
        "volume": 1570043,
        "typical_volume": 2650343.6,
        "trend": 321.165147,
        "fair_value": 120.479836,
        "relative_strength": 2.740368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.331712,
        "energy": 23.106149,
        "activity_lines": [
          264.97334,
          263.143641,
          277.788099,
          295.285416
        ]
      },
      {
        "date": "2026-04-17",
        "close": 285.200012,
        "volume": 978781,
        "typical_volume": 2450419.9,
        "trend": 322.931815,
        "fair_value": 121.280477,
        "relative_strength": 4.386687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.713022,
        "energy": 22.388915,
        "activity_lines": [
          272.446675,
          266.425461,
          277.182862,
          292.965085
        ]
      },
      {
        "date": "2026-04-24",
        "close": 287.899994,
        "volume": 814786,
        "typical_volume": 2393773.25,
        "trend": 319.028481,
        "fair_value": 122.12599,
        "relative_strength": 4.996038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.450395,
        "energy": 16.734197,
        "activity_lines": [
          277.706671,
          270.465459,
          277.070956,
          290.704968
        ]
      },
      {
        "date": "2026-05-01",
        "close": 291.0,
        "volume": 687227,
        "typical_volume": 2283531.4,
        "trend": 313.438481,
        "fair_value": 122.981759,
        "relative_strength": 3.222394,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -25.839245,
        "energy": 17.704301,
        "activity_lines": [
          284.580003,
          275.096367,
          277.388099,
          288.896678
        ]
      },
      {
        "date": "2026-05-08",
        "close": 285.700012,
        "volume": 1732414,
        "typical_volume": 2298035.9,
        "trend": 309.216668,
        "fair_value": 123.748426,
        "relative_strength": -1.975632,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.122979,
        "energy": 12.997131,
        "activity_lines": [
          287.053339,
          278.458187,
          277.404766,
          287.1071
        ]
      },
      {
        "date": "2026-05-15",
        "close": 253.800003,
        "volume": 1698272,
        "typical_volume": 2268478.35,
        "trend": 299.910001,
        "fair_value": 124.25099,
        "relative_strength": -11.311901,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.406879,
        "energy": 13.121819,
        "activity_lines": [
          276.386671,
          275.243641,
          274.575242,
          283.531831
        ]
      },
      {
        "date": "2026-05-22",
        "close": 250.899994,
        "volume": 1008316,
        "typical_volume": 2113771.85,
        "trend": 295.746668,
        "fair_value": 124.759964,
        "relative_strength": -13.544232,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.09598,
        "energy": 26.242005,
        "activity_lines": [
          266.446667,
          271.45273,
          271.720479,
          280.369895
        ]
      },
      {
        "date": "2026-05-29",
        "close": 261.100006,
        "volume": 2975799,
        "typical_volume": 2058684.65,
        "trend": 291.150002,
        "fair_value": 125.279836,
        "relative_strength": -12.390913,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.221633,
        "energy": 31.488562,
        "activity_lines": [
          262.193336,
          269.290912,
          269.973337,
          278.134627
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2.66,
        "volume": 363396,
        "typical_volume": 1804016.3,
        "trend": 280.592002,
        "fair_value": 124.206503,
        "relative_strength": -99.064219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -91.487953,
        "energy": 86.247561,
        "activity_lines": [
          173.580002,
          220.785457,
          243.871908,
          259.522368
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2.879,
        "volume": 328585,
        "typical_volume": 1712810.75,
        "trend": 268.737968,
        "fair_value": 123.097394,
        "relative_strength": -99.001157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.006592,
        "energy": 97.410634,
        "activity_lines": [
          104.262334,
          176.844184,
          219.439146,
          241.605401
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2.442,
        "volume": 181718,
        "typical_volume": 1626848.2,
        "trend": 258.489369,
        "fair_value": 122.027791,
        "relative_strength": -99.108668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -91.653223,
        "energy": 96.997291,
        "activity_lines": [
          53.653734,
          137.282019,
          196.472484,
          224.425016
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2.13,
        "volume": 0,
        "typical_volume": 1526342.0,
        "trend": 247.400369,
        "fair_value": 121.03183,
        "relative_strength": -99.197092,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.87263,
        "energy": 92.944133,
        "activity_lines": [
          19.698334,
          102.695092,
          174.794002,
          207.885701
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2.264,
        "volume": 77788,
        "typical_volume": 1474453.5,
        "trend": 236.942502,
        "fair_value": 120.096343,
        "relative_strength": -99.163396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.043922,
        "energy": 89.478811,
        "activity_lines": [
          2.372267,
          73.279255,
          154.546235,
          192.070452
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2.101,
        "volume": 978954,
        "typical_volume": 1441456.85,
        "trend": 225.882536,
        "fair_value": 119.15917,
        "relative_strength": -99.207602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.04899,
        "energy": 89.420199,
        "activity_lines": [
          2.2476,
          49.027164,
          135.650259,
          176.919387
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2.102,
        "volume": 1069936,
        "typical_volume": 1423514.6,
        "trend": 215.085936,
        "fair_value": 118.236105,
        "relative_strength": -99.220754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.921843,
        "energy": 88.474249,
        "activity_lines": [
          2.160533,
          30.027964,
          118.050087,
          162.481933
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2.088,
        "volume": 465814,
        "typical_volume": 1384637.3,
        "trend": 204.938869,
        "fair_value": 117.404618,
        "relative_strength": -99.242512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.735443,
        "energy": 68.811112,
        "activity_lines": [
          2.1206,
          16.182546,
          101.595716,
          148.740131
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.827,
        "volume": 956961,
        "typical_volume": 1389753.4,
        "trend": 195.683103,
        "fair_value": 116.570176,
        "relative_strength": -99.317302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.667164,
        "energy": 68.374344,
        "activity_lines": [
          2.017267,
          6.866255,
          86.302258,
          135.636139
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.658,
        "volume": 2953159,
        "typical_volume": 1079189.6,
        "trend": 185.221702,
        "fair_value": 115.789778,
        "relative_strength": -99.380411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.61569,
        "energy": 68.159367,
        "activity_lines": [
          1.8778,
          2.047836,
          72.11972,
          123.118391
        ]
      }
    ],
    "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."
    }
  }
}