{
  "ticker": {
    "uuid": "3e0c8344-25b3-47b7-ac91-ad536a1c0d9b",
    "symbol": "KOTHARIPET",
    "name": "Kothari Petrochemicals Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 82.231,
    "architecture_energy": 74.711,
    "architecture_maturity": 22.804,
    "architecture_confidence": 82.006,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 12.72,
        "rotation_up": 79.43,
        "upward_expansion": 93.33,
        "deceleration": 39.4,
        "rotation_down": 10.17,
        "downward_expansion": 15.33
      },
      "activity_lines": [
        139.512671,
        134.162185,
        130.768771,
        127.40219
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 149.520004,
    "trend_reference": 123.565325,
    "distance_from_trend": 0.210048,
    "trend_direction": "Weakening",
    "fair_value": 149.802074,
    "distance_from_fair_value": -0.001883,
    "fair_value_direction": "Improving",
    "relative_strength": 14.88001,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.24609,
    "excess_performance": 0.289799,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.210048,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.002376,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.001883,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.038217,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.1488,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.123987,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.24609,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.598708,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1086767,
      "relative_activity": 2.756354,
      "balance": 4.598708,
      "dry_up": 1.588482,
      "accumulation_observations": 6,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.071974,
      "annualized_volatility": 0.405668,
      "from_high_reference": -0.13454,
      "from_low_reference": 0.58934
    },
    "levels": {
      "trend_reference": 123.565325,
      "fair_value_reference": 149.802074,
      "structural_low": 94.076771,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 24,
        "median_return": -0.004155,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.007298,
        "regime_survival": 0.708333,
        "best_return": 0.631743,
        "worst_return": -0.221849,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.210817,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": 0.088196,
        "regime_survival": 0.125,
        "best_return": 0.628817,
        "worst_return": -0.149846,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.135658,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": 0.156504,
        "regime_survival": 0.333333,
        "best_return": 0.935712,
        "worst_return": -0.303404,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.395836,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.382619,
        "regime_survival": 0.5,
        "best_return": 1.118797,
        "worst_return": -0.090851,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-24",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.2027,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-07-12",
        "end": "2024-07-26",
        "tenure": "New",
        "return": 0.102854,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-10-25",
        "tenure": "Established",
        "return": 0.208394,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-01",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.215083,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": -0.014469,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-04-25",
        "tenure": "Developing",
        "return": -0.057295,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-06-13",
        "tenure": "Developing",
        "return": 0.157258,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-20",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": -0.003645,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.078005,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": -0.085144,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-10",
        "end": "2026-04-24",
        "tenure": "Extended",
        "return": -0.052998,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": -0.070451,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-05",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.099238,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.134274,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 105.107124,
        "volume": 1534281,
        "typical_volume": 1028875.65,
        "trend": 70.923579,
        "fair_value": 56.635007,
        "relative_strength": 42.354738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.779202,
        "energy": 82.417538,
        "activity_lines": [
          101.467388,
          94.132095,
          82.838975,
          76.966447
        ]
      },
      {
        "date": "2023-08-25",
        "close": 105.155869,
        "volume": 955919,
        "typical_volume": 1071367.85,
        "trend": 72.372513,
        "fair_value": 57.211456,
        "relative_strength": 41.878128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.341932,
        "energy": 67.77311,
        "activity_lines": [
          103.490488,
          97.261293,
          85.720776,
          79.174982
        ]
      },
      {
        "date": "2023-09-01",
        "close": 123.778748,
        "volume": 4198964,
        "typical_volume": 1266586.55,
        "trend": 74.458224,
        "fair_value": 57.909438,
        "relative_strength": 63.711899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.64797,
        "energy": 74.672525,
        "activity_lines": [
          110.729732,
          103.25623,
          90.154914,
          82.491513
        ]
      },
      {
        "date": "2023-09-08",
        "close": 123.876251,
        "volume": 2086385,
        "typical_volume": 1365050.45,
        "trend": 76.342199,
        "fair_value": 58.608662,
        "relative_strength": 59.043026,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.618562,
        "energy": 71.723719,
        "activity_lines": [
          116.345847,
          108.329126,
          94.303595,
          85.679773
        ]
      },
      {
        "date": "2023-09-15",
        "close": 118.854897,
        "volume": 2366214,
        "typical_volume": 1476134.25,
        "trend": 78.113868,
        "fair_value": 59.263378,
        "relative_strength": 48.574786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.379454,
        "energy": 66.86023,
        "activity_lines": [
          118.43564,
          111.558062,
          97.677921,
          88.422528
        ]
      },
      {
        "date": "2023-09-22",
        "close": 116.173592,
        "volume": 687874,
        "typical_volume": 1501400.35,
        "trend": 79.828417,
        "fair_value": 59.909838,
        "relative_strength": 47.783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.898308,
        "energy": 65.204711,
        "activity_lines": [
          118.708644,
          113.48795,
          100.525818,
          90.877994
        ]
      },
      {
        "date": "2023-09-29",
        "close": 117.53862,
        "volume": 625921,
        "typical_volume": 1525335.65,
        "trend": 81.506214,
        "fair_value": 60.5632,
        "relative_strength": 48.357114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.929763,
        "energy": 58.933445,
        "activity_lines": [
          118.698894,
          115.16275,
          103.25164,
          93.31091
        ]
      },
      {
        "date": "2023-10-06",
        "close": 120.463676,
        "volume": 960148,
        "typical_volume": 1568058.45,
        "trend": 83.341186,
        "fair_value": 61.238392,
        "relative_strength": 50.425389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.081891,
        "energy": 54.319539,
        "activity_lines": [
          118.838645,
          116.873834,
          105.993083,
          95.824295
        ]
      },
      {
        "date": "2023-10-13",
        "close": 137.965286,
        "volume": 6599944,
        "typical_volume": 1890710.1,
        "trend": 85.849861,
        "fair_value": 62.030702,
        "relative_strength": 68.990589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.34005,
        "energy": 61.500295,
        "activity_lines": [
          125.033272,
          121.375766,
          110.119854,
          99.34843
        ]
      },
      {
        "date": "2023-10-20",
        "close": 133.187698,
        "volume": 1054516,
        "typical_volume": 1914245.55,
        "trend": 88.318629,
        "fair_value": 62.792078,
        "relative_strength": 62.499157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.571737,
        "energy": 59.153288,
        "activity_lines": [
          128.6961,
          124.247645,
          113.421254,
          102.402484
        ]
      },
      {
        "date": "2023-10-27",
        "close": 129.09259,
        "volume": 991655,
        "typical_volume": 1950419.45,
        "trend": 90.800883,
        "fair_value": 63.526895,
        "relative_strength": 59.393846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.581294,
        "energy": 54.859816,
        "activity_lines": [
          130.038371,
          125.862629,
          116.002772,
          105.033062
        ]
      },
      {
        "date": "2023-11-03",
        "close": 126.850067,
        "volume": 643596,
        "typical_volume": 1889993.15,
        "trend": 93.072912,
        "fair_value": 64.247953,
        "relative_strength": 53.134435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.929318,
        "energy": 52.779313,
        "activity_lines": [
          129.771869,
          126.633782,
          118.05735,
          107.358816
        ]
      },
      {
        "date": "2023-11-10",
        "close": 148.397995,
        "volume": 4123650,
        "typical_volume": 2063456.3,
        "trend": 95.956761,
        "fair_value": 65.109295,
        "relative_strength": 74.249602,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.462744,
        "energy": 59.856626,
        "activity_lines": [
          136.067246,
          130.928301,
          121.924552,
          110.928176
        ]
      },
      {
        "date": "2023-11-17",
        "close": 151.908051,
        "volume": 1600985,
        "typical_volume": 2132253.7,
        "trend": 98.964063,
        "fair_value": 65.990673,
        "relative_strength": 72.484348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.282416,
        "energy": 62.168162,
        "activity_lines": [
          141.670354,
          135.413389,
          125.762681,
          114.537937
        ]
      },
      {
        "date": "2023-11-24",
        "close": 153.90686,
        "volume": 2051388,
        "typical_volume": 2193517.35,
        "trend": 102.029929,
        "fair_value": 66.88086,
        "relative_strength": 70.928471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.591316,
        "energy": 71.590243,
        "activity_lines": [
          147.010214,
          139.752228,
          129.413858,
          118.082634
        ]
      },
      {
        "date": "2023-12-01",
        "close": 160.195724,
        "volume": 1319515,
        "typical_volume": 2052983.65,
        "trend": 105.261878,
        "fair_value": 67.806741,
        "relative_strength": 70.455803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.617531,
        "energy": 85.113267,
        "activity_lines": [
          153.065085,
          144.597188,
          133.284516,
          121.835265
        ]
      },
      {
        "date": "2023-12-08",
        "close": 152.639328,
        "volume": 821953,
        "typical_volume": 1990327.95,
        "trend": 108.27259,
        "fair_value": 68.670325,
        "relative_strength": 54.699922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.827988,
        "energy": 74.322849,
        "activity_lines": [
          154.527614,
          147.267855,
          136.094076,
          124.891875
        ]
      },
      {
        "date": "2023-12-15",
        "close": 150.591782,
        "volume": 540327,
        "typical_volume": 1903479.35,
        "trend": 111.247306,
        "fair_value": 69.520168,
        "relative_strength": 47.197357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.946881,
        "energy": 59.608888,
        "activity_lines": [
          153.588344,
          148.928047,
          138.411701,
          127.622146
        ]
      },
      {
        "date": "2023-12-22",
        "close": 143.864151,
        "volume": 1039697,
        "typical_volume": 1895410.65,
        "trend": 114.036475,
        "fair_value": 70.314874,
        "relative_strength": 39.487238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.985652,
        "energy": 47.316442,
        "activity_lines": [
          150.260278,
          148.817249,
          139.842659,
          129.726458
        ]
      },
      {
        "date": "2023-12-29",
        "close": 141.621613,
        "volume": 700593,
        "typical_volume": 1745176.25,
        "trend": 116.626708,
        "fair_value": 71.077651,
        "relative_strength": 33.379123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.264109,
        "energy": 31.500121,
        "activity_lines": [
          146.72096,
          148.191465,
          140.832536,
          131.506144
        ]
      },
      {
        "date": "2024-01-05",
        "close": 143.669159,
        "volume": 514118,
        "typical_volume": 1694168.1,
        "trend": 119.306158,
        "fair_value": 71.854476,
        "relative_strength": 33.878177,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.137584,
        "energy": 23.957141,
        "activity_lines": [
          144.683173,
          147.784619,
          141.843076,
          133.250819
        ]
      },
      {
        "date": "2024-01-12",
        "close": 143.669159,
        "volume": 604537,
        "typical_volume": 1676599.0,
        "trend": 121.543706,
        "fair_value": 72.631918,
        "relative_strength": 31.240173,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.893051,
        "energy": 20.398351,
        "activity_lines": [
          143.747157,
          147.112743,
          142.669986,
          134.822625
        ]
      },
      {
        "date": "2024-01-19",
        "close": 157.465668,
        "volume": 2499215,
        "typical_volume": 1591611.55,
        "trend": 124.389514,
        "fair_value": 73.503034,
        "relative_strength": 43.597856,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.411449,
        "energy": 31.237881,
        "activity_lines": [
          148.007989,
          148.643523,
          144.627454,
          137.140171
        ]
      },
      {
        "date": "2024-01-26",
        "close": 151.956818,
        "volume": 255206,
        "typical_volume": 1500052.6,
        "trend": 127.03234,
        "fair_value": 74.333294,
        "relative_strength": 38.428901,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.858366,
        "energy": 35.436879,
        "activity_lines": [
          149.974278,
          149.007826,
          145.899854,
          138.918707
        ]
      },
      {
        "date": "2024-02-02",
        "close": 150.348022,
        "volume": 622006,
        "typical_volume": 1412842.2,
        "trend": 129.56993,
        "fair_value": 75.154472,
        "relative_strength": 32.116404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.089887,
        "energy": 34.883947,
        "activity_lines": [
          150.864791,
          149.078734,
          146.88532,
          140.422944
        ]
      },
      {
        "date": "2024-02-09",
        "close": 138.014023,
        "volume": 402253,
        "typical_volume": 1398561.15,
        "trend": 131.220616,
        "fair_value": 75.891043,
        "relative_strength": 20.53377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.812982,
        "energy": 25.320885,
        "activity_lines": [
          147.06221,
          146.971804,
          146.546151,
          140.967725
        ]
      },
      {
        "date": "2024-02-16",
        "close": 131.293289,
        "volume": 1199279,
        "typical_volume": 1427229.05,
        "trend": 132.587605,
        "fair_value": 76.584841,
        "relative_strength": 12.377384,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.896027,
        "energy": 6.472933,
        "activity_lines": [
          141.396394,
          144.046225,
          145.462911,
          140.972413
        ]
      },
      {
        "date": "2024-02-23",
        "close": 135.656662,
        "volume": 447223,
        "typical_volume": 1401582.8,
        "trend": 133.811351,
        "fair_value": 77.302297,
        "relative_strength": 14.218243,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.988848,
        "energy": 14.766547,
        "activity_lines": [
          138.010093,
          142.302096,
          144.729731,
          141.170417
        ]
      },
      {
        "date": "2024-03-01",
        "close": 134.038773,
        "volume": 722576,
        "typical_volume": 1107714.4,
        "trend": 135.07637,
        "fair_value": 77.995832,
        "relative_strength": 11.345963,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.130171,
        "energy": 17.662833,
        "activity_lines": [
          135.53843,
          140.535354,
          143.770119,
          141.185089
        ]
      },
      {
        "date": "2024-03-08",
        "close": 125.704254,
        "volume": 212546,
        "typical_volume": 1065615.9,
        "trend": 135.766192,
        "fair_value": 78.631936,
        "relative_strength": 3.030341,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.98553,
        "energy": 42.913312,
        "activity_lines": [
          131.48313,
          137.431888,
          142.035441,
          140.580437
        ]
      },
      {
        "date": "2024-03-15",
        "close": 117.810974,
        "volume": 599061,
        "typical_volume": 1045986.2,
        "trend": 136.189653,
        "fair_value": 79.227605,
        "relative_strength": -1.962388,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.542367,
        "energy": 52.192071,
        "activity_lines": [
          126.439655,
          133.182686,
          139.584658,
          139.422035
        ]
      },
      {
        "date": "2024-03-22",
        "close": 120.703537,
        "volume": 208410,
        "typical_volume": 1024226.9,
        "trend": 136.707909,
        "fair_value": 79.842125,
        "relative_strength": -0.580404,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.973662,
        "energy": 57.271792,
        "activity_lines": [
          123.707237,
          129.929554,
          137.463079,
          138.422931
        ]
      },
      {
        "date": "2024-03-29",
        "close": 119.870087,
        "volume": 385181,
        "typical_volume": 837303.45,
        "trend": 136.57762,
        "fair_value": 80.442679,
        "relative_strength": -3.038808,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.654697,
        "energy": 58.97303,
        "activity_lines": [
          121.402986,
          126.942442,
          135.291393,
          137.33662
        ]
      },
      {
        "date": "2024-04-05",
        "close": 133.107269,
        "volume": 448556,
        "typical_volume": 779682.0,
        "trend": 136.885321,
        "fair_value": 81.131782,
        "relative_strength": 5.827867,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.951475,
        "energy": 36.555026,
        "activity_lines": [
          124.563567,
          127.045647,
          134.516238,
          137.112726
        ]
      },
      {
        "date": "2024-04-12",
        "close": 132.273834,
        "volume": 436637,
        "typical_volume": 698944.45,
        "trend": 137.332619,
        "fair_value": 81.822318,
        "relative_strength": 4.276184,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -43.940484,
        "energy": 27.752016,
        "activity_lines": [
          127.508437,
          127.340037,
          133.751235,
          136.815211
        ]
      },
      {
        "date": "2024-04-19",
        "close": 129.381241,
        "volume": 387464,
        "typical_volume": 652341.9,
        "trend": 137.772874,
        "fair_value": 82.471521,
        "relative_strength": 2.888368,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.296327,
        "energy": 21.376073,
        "activity_lines": [
          129.051137,
          127.437122,
          132.813762,
          136.302219
        ]
      },
      {
        "date": "2024-04-26",
        "close": 129.479309,
        "volume": 320492,
        "typical_volume": 627268.85,
        "trend": 138.170897,
        "fair_value": 83.12351,
        "relative_strength": 0.910665,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.785584,
        "energy": 19.779836,
        "activity_lines": [
          129.855176,
          127.708998,
          132.032365,
          135.76715
        ]
      },
      {
        "date": "2024-05-03",
        "close": 130.116638,
        "volume": 212327,
        "typical_volume": 610868.85,
        "trend": 138.492662,
        "fair_value": 83.778967,
        "relative_strength": 0.38292,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.251765,
        "energy": 17.529191,
        "activity_lines": [
          130.286606,
          128.129733,
          131.421951,
          135.247521
        ]
      },
      {
        "date": "2024-05-10",
        "close": 125.017883,
        "volume": 231578,
        "typical_volume": 570462.9,
        "trend": 138.061082,
        "fair_value": 84.341686,
        "relative_strength": -2.448199,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.8412,
        "energy": 21.77544,
        "activity_lines": [
          128.335347,
          127.72415,
          130.423443,
          134.37818
        ]
      },
      {
        "date": "2024-05-17",
        "close": 134.431,
        "volume": 1351612,
        "typical_volume": 603013.85,
        "trend": 138.102525,
        "fair_value": 84.943496,
        "relative_strength": 2.095275,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.806564,
        "energy": 15.48643,
        "activity_lines": [
          130.061087,
          129.194058,
          130.411165,
          134.143981
        ]
      },
      {
        "date": "2024-05-24",
        "close": 130.753998,
        "volume": 454097,
        "typical_volume": 600012.8,
        "trend": 138.157906,
        "fair_value": 85.537441,
        "relative_strength": -3.5936,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.948816,
        "energy": 14.067211,
        "activity_lines": [
          130.417348,
          129.836753,
          130.082939,
          133.669883
        ]
      },
      {
        "date": "2024-05-31",
        "close": 124.086372,
        "volume": 345398,
        "typical_volume": 587055.85,
        "trend": 138.065782,
        "fair_value": 86.090802,
        "relative_strength": -7.398855,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.98984,
        "energy": 24.58828,
        "activity_lines": [
          128.45955,
          129.031824,
          129.181201,
          132.762042
        ]
      },
      {
        "date": "2024-06-07",
        "close": 129.920547,
        "volume": 440406,
        "typical_volume": 484115.4,
        "trend": 137.449868,
        "fair_value": 86.661542,
        "relative_strength": -6.859832,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.104992,
        "energy": 14.363999,
        "activity_lines": [
          128.806007,
          129.226149,
          128.92835,
          132.236543
        ]
      },
      {
        "date": "2024-06-14",
        "close": 132.136536,
        "volume": 419923,
        "typical_volume": 492351.25,
        "trend": 136.790817,
        "fair_value": 87.257267,
        "relative_strength": -6.449642,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.696149,
        "energy": 11.511567,
        "activity_lines": [
          129.904199,
          129.640645,
          129.017712,
          131.893747
        ]
      },
      {
        "date": "2024-06-21",
        "close": 140.382828,
        "volume": 1172300,
        "typical_volume": 519865.95,
        "trend": 136.340016,
        "fair_value": 87.904312,
        "relative_strength": -1.426413,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.760849,
        "energy": 5.133629,
        "activity_lines": [
          133.276578,
          131.572116,
          129.986819,
          132.12549
        ]
      },
      {
        "date": "2024-06-28",
        "close": 135.94101,
        "volume": 598526,
        "typical_volume": 529679.6,
        "trend": 135.531525,
        "fair_value": 88.52966,
        "relative_strength": -7.123386,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.935141,
        "energy": 12.555953,
        "activity_lines": [
          134.771562,
          132.548548,
          130.580348,
          132.099748
        ]
      },
      {
        "date": "2024-07-05",
        "close": 157.257797,
        "volume": 2730958,
        "typical_volume": 606263.55,
        "trend": 135.685474,
        "fair_value": 89.270096,
        "relative_strength": 5.185522,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.500335,
        "energy": 53.887238,
        "activity_lines": [
          143.026342,
          137.28149,
          133.213919,
          133.501443
        ]
      },
      {
        "date": "2024-07-12",
        "close": 158.493256,
        "volume": 1529109,
        "typical_volume": 660357.85,
        "trend": 135.948857,
        "fair_value": 90.023071,
        "relative_strength": 4.60376,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 51.353072,
        "energy": 66.300003,
        "activity_lines": [
          149.481513,
          141.733999,
          135.841512,
          134.972912
        ]
      },
      {
        "date": "2024-07-19",
        "close": 151.37648,
        "volume": 1158880,
        "typical_volume": 682173.05,
        "trend": 136.199268,
        "fair_value": 90.733505,
        "relative_strength": -0.703889,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.958478,
        "energy": 61.234924,
        "activity_lines": [
          151.659578,
          144.376609,
          137.682571,
          135.968243
        ]
      },
      {
        "date": "2024-07-26",
        "close": 174.794968,
        "volume": 4322951,
        "typical_volume": 887693.3,
        "trend": 137.305046,
        "fair_value": 91.570652,
        "relative_strength": 12.557021,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 83.402877,
        "energy": 81.602112,
        "activity_lines": [
          160.361142,
          150.797879,
          141.671402,
          138.458288
        ]
      },
      {
        "date": "2024-08-02",
        "close": 168.587555,
        "volume": 2082333,
        "typical_volume": 961856.9,
        "trend": 138.13566,
        "fair_value": 92.2904,
        "relative_strength": 8.441635,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.59965,
        "energy": 73.518174,
        "activity_lines": [
          164.699426,
          155.356638,
          144.835286,
          140.476514
        ]
      },
      {
        "date": "2024-08-09",
        "close": 177.163467,
        "volume": 2083857,
        "typical_volume": 1055629.25,
        "trend": 139.252136,
        "fair_value": 93.093146,
        "relative_strength": 14.940123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.815133,
        "energy": 70.053228,
        "activity_lines": [
          169.719912,
          160.786772,
          148.57413,
          142.994437
        ]
      },
      {
        "date": "2024-08-16",
        "close": 172.298187,
        "volume": 1484623,
        "typical_volume": 1110601.35,
        "trend": 139.746554,
        "fair_value": 93.897658,
        "relative_strength": 10.462822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.176228,
        "energy": 66.070454,
        "activity_lines": [
          171.791592,
          164.36727,
          151.580757,
          145.126441
        ]
      },
      {
        "date": "2024-08-23",
        "close": 195.766022,
        "volume": 1795255,
        "typical_volume": 1177936.3,
        "trend": 141.206861,
        "fair_value": 94.838745,
        "relative_strength": 23.177551,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.73424,
        "energy": 73.878771,
        "activity_lines": [
          180.765556,
          171.444145,
          156.572758,
          148.7406
        ]
      },
      {
        "date": "2024-08-30",
        "close": 232.803375,
        "volume": 7191106,
        "typical_volume": 1515659.75,
        "trend": 143.955372,
        "fair_value": 95.976908,
        "relative_strength": 42.860291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.251389,
        "energy": 89.71822,
        "activity_lines": [
          199.126001,
          184.098185,
          164.793751,
          154.650053
        ]
      },
      {
        "date": "2024-09-06",
        "close": 249.540741,
        "volume": 4312360,
        "typical_volume": 1711904.55,
        "trend": 147.67293,
        "fair_value": 97.23776,
        "relative_strength": 53.759852,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.260631,
        "energy": 95.050632,
        "activity_lines": [
          219.198341,
          198.115009,
          174.130067,
          161.462012
        ]
      },
      {
        "date": "2024-09-13",
        "close": 233.119186,
        "volume": 972823,
        "typical_volume": 1744521.1,
        "trend": 151.067126,
        "fair_value": 98.403816,
        "relative_strength": 39.42625,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.551547,
        "energy": 88.812837,
        "activity_lines": [
          228.39995,
          207.080645,
          181.330237,
          166.974673
        ]
      },
      {
        "date": "2024-09-20",
        "close": 216.283127,
        "volume": 967924,
        "typical_volume": 1782300.95,
        "trend": 153.754675,
        "fair_value": 99.467493,
        "relative_strength": 26.26409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.255183,
        "energy": 81.394408,
        "activity_lines": [
          228.259158,
          211.605882,
          186.43345,
          171.182157
        ]
      },
      {
        "date": "2024-09-27",
        "close": 226.368973,
        "volume": 1134868,
        "typical_volume": 1827465.45,
        "trend": 156.832348,
        "fair_value": 100.598902,
        "relative_strength": 29.197721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.63164,
        "energy": 60.257579,
        "activity_lines": [
          228.547986,
          216.914184,
          192.086903,
          175.866951
        ]
      },
      {
        "date": "2024-10-04",
        "close": 211.773117,
        "volume": 710528,
        "typical_volume": 1795411.25,
        "trend": 159.70131,
        "fair_value": 101.627508,
        "relative_strength": 25.649681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.674157,
        "energy": 48.837307,
        "activity_lines": [
          221.931331,
          218.205195,
          195.86765,
          179.411517
        ]
      },
      {
        "date": "2024-10-11",
        "close": 228.046646,
        "volume": 1030949,
        "typical_volume": 1824253.85,
        "trend": 163.375833,
        "fair_value": 102.766592,
        "relative_strength": 34.75123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.836512,
        "energy": 43.555124,
        "activity_lines": [
          222.141204,
          221.782698,
          200.829962,
          183.820893
        ]
      },
      {
        "date": "2024-10-18",
        "close": 226.497253,
        "volume": 1118069,
        "typical_volume": 1862887.4,
        "trend": 166.90229,
        "fair_value": 103.911142,
        "relative_strength": 33.55851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.217468,
        "energy": 37.656075,
        "activity_lines": [
          223.267552,
          223.99742,
          205.181413,
          187.893243
        ]
      },
      {
        "date": "2024-10-25",
        "close": 203.720215,
        "volume": 1030603,
        "typical_volume": 1892397.25,
        "trend": 169.697294,
        "fair_value": 104.925084,
        "relative_strength": 22.90159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.227617,
        "energy": 29.304815,
        "activity_lines": [
          217.243015,
          221.173884,
          206.875953,
          190.268593
        ]
      },
      {
        "date": "2024-11-01",
        "close": 222.717529,
        "volume": 426055,
        "typical_volume": 1892703.85,
        "trend": 172.684303,
        "fair_value": 106.052797,
        "relative_strength": 32.723435,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.253442,
        "energy": 30.001265,
        "activity_lines": [
          218.388445,
          221.233096,
          210.028333,
          193.689253
        ]
      },
      {
        "date": "2024-11-08",
        "close": 197.394363,
        "volume": 867509,
        "typical_volume": 1877464.3,
        "trend": 174.854987,
        "fair_value": 106.962747,
        "relative_strength": 18.2172,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.479632,
        "energy": 20.130257,
        "activity_lines": [
          211.336249,
          216.198068,
          210.337645,
          195.28345
        ]
      },
      {
        "date": "2024-11-15",
        "close": 185.216339,
        "volume": 416908,
        "typical_volume": 1868383.4,
        "trend": 176.716157,
        "fair_value": 107.815882,
        "relative_strength": 13.770739,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.292816,
        "energy": 16.846036,
        "activity_lines": [
          201.183294,
          209.592654,
          209.215662,
          195.951925
        ]
      },
      {
        "date": "2024-11-22",
        "close": 184.890686,
        "volume": 342171,
        "typical_volume": 1748944.05,
        "trend": 178.563203,
        "fair_value": 108.670626,
        "relative_strength": 11.804306,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.139744,
        "energy": 14.037822,
        "activity_lines": [
          193.777143,
          204.097565,
          207.828019,
          196.479314
        ]
      },
      {
        "date": "2024-11-29",
        "close": 196.427231,
        "volume": 622896,
        "typical_volume": 1703633.4,
        "trend": 180.773556,
        "fair_value": 109.607021,
        "relative_strength": 17.601467,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.07243,
        "energy": 18.355915,
        "activity_lines": [
          192.990278,
          201.576912,
          207.40751,
          197.631832
        ]
      },
      {
        "date": "2024-12-06",
        "close": 208.792755,
        "volume": 846142,
        "typical_volume": 1687996.5,
        "trend": 183.566052,
        "fair_value": 110.600816,
        "relative_strength": 21.835463,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.221734,
        "energy": 15.323506,
        "activity_lines": [
          196.811453,
          201.665552,
          207.984032,
          199.439522
        ]
      },
      {
        "date": "2024-12-13",
        "close": 207.667709,
        "volume": 635168,
        "typical_volume": 1503607.35,
        "trend": 186.007276,
        "fair_value": 111.580008,
        "relative_strength": 20.281204,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.05781,
        "energy": 8.405435,
        "activity_lines": [
          201.185931,
          201.869205,
          208.179996,
          200.994467
        ]
      },
      {
        "date": "2024-12-20",
        "close": 189.677017,
        "volume": 385216,
        "typical_volume": 1418751.5,
        "trend": 187.971376,
        "fair_value": 112.372426,
        "relative_strength": 14.947517,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.930389,
        "energy": 8.112772,
        "activity_lines": [
          198.878622,
          198.876468,
          206.506024,
          201.231225
        ]
      },
      {
        "date": "2024-12-27",
        "close": 190.032288,
        "volume": 337793,
        "typical_volume": 1331448.3,
        "trend": 190.169573,
        "fair_value": 113.196687,
        "relative_strength": 13.613389,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.641102,
        "energy": 4.703838,
        "activity_lines": [
          196.392358,
          196.645955,
          204.765462,
          201.364187
        ]
      },
      {
        "date": "2025-01-03",
        "close": 198.430588,
        "volume": 470943,
        "typical_volume": 1280764.3,
        "trend": 192.453241,
        "fair_value": 114.031359,
        "relative_strength": 17.15983,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.953497,
        "energy": 8.846855,
        "activity_lines": [
          196.362754,
          196.605405,
          203.763457,
          201.897156
        ]
      },
      {
        "date": "2025-01-10",
        "close": 174.814697,
        "volume": 349326,
        "typical_volume": 1208467.85,
        "trend": 193.875847,
        "fair_value": 114.583451,
        "relative_strength": 5.483012,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -36.776751,
        "energy": 37.548802,
        "activity_lines": [
          188.32763,
          192.367232,
          200.38788,
          200.759185
        ]
      },
      {
        "date": "2025-01-17",
        "close": 175.288406,
        "volume": 339349,
        "typical_volume": 865880.0,
        "trend": 195.039366,
        "fair_value": 115.062203,
        "relative_strength": 6.730604,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.449257,
        "energy": 46.165084,
        "activity_lines": [
          182.715612,
          189.086148,
          197.157186,
          199.559995
        ]
      },
      {
        "date": "2025-01-24",
        "close": 169.307953,
        "volume": 370505,
        "typical_volume": 668787.25,
        "trend": 196.151598,
        "fair_value": 115.504774,
        "relative_strength": 3.524173,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.277299,
        "energy": 54.857036,
        "activity_lines": [
          177.26873,
          185.119635,
          193.630806,
          197.899904
        ]
      },
      {
        "date": "2025-01-31",
        "close": 172.752151,
        "volume": 478700,
        "typical_volume": 644081.1,
        "trend": 196.668076,
        "fair_value": 116.013156,
        "relative_strength": 3.628113,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.039411,
        "energy": 66.849448,
        "activity_lines": [
          174.327851,
          182.068584,
          190.814505,
          196.390262
        ]
      },
      {
        "date": "2025-02-07",
        "close": 170.521805,
        "volume": 326973,
        "typical_volume": 612033.55,
        "trend": 197.069028,
        "fair_value": 116.538038,
        "relative_strength": 1.817398,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.950949,
        "energy": 65.943065,
        "activity_lines": [
          171.795533,
          178.832716,
          188.073253,
          194.703406
        ]
      },
      {
        "date": "2025-02-14",
        "close": 142.721588,
        "volume": 629711,
        "typical_volume": 586775.7,
        "trend": 196.780531,
        "fair_value": 116.922901,
        "relative_strength": -12.501223,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.082896,
        "energy": 76.47215,
        "activity_lines": [
          161.857062,
          171.013271,
          182.902273,
          191.19712
        ]
      },
      {
        "date": "2025-02-21",
        "close": 150.735001,
        "volume": 727411,
        "typical_volume": 587619.85,
        "trend": 195.978532,
        "fair_value": 117.389006,
        "relative_strength": -7.174608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.047674,
        "energy": 70.179953,
        "activity_lines": [
          156.729268,
          165.852103,
          178.892795,
          188.226441
        ]
      },
      {
        "date": "2025-02-28",
        "close": 142.435394,
        "volume": 168263,
        "typical_volume": 544485.55,
        "trend": 195.106794,
        "fair_value": 117.776347,
        "relative_strength": -9.731284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.541258,
        "energy": 75.37014,
        "activity_lines": [
          150.471833,
          160.217057,
          174.383536,
          184.772044
        ]
      },
      {
        "date": "2025-03-07",
        "close": 150.735001,
        "volume": 337602,
        "typical_volume": 505462.2,
        "trend": 194.225845,
        "fair_value": 118.162995,
        "relative_strength": -6.559449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.5347,
        "energy": 68.948681,
        "activity_lines": [
          148.772438,
          156.949969,
          171.072389,
          181.909348
        ]
      },
      {
        "date": "2025-03-14",
        "close": 139.691895,
        "volume": 165446,
        "typical_volume": 462204.35,
        "trend": 193.138968,
        "fair_value": 118.454524,
        "relative_strength": -13.012216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.643002,
        "energy": 63.579727,
        "activity_lines": [
          144.859817,
          152.389539,
          167.07029,
          178.391029
        ]
      },
      {
        "date": "2025-03-21",
        "close": 161.778107,
        "volume": 873216,
        "typical_volume": 484562.4,
        "trend": 192.006038,
        "fair_value": 118.904878,
        "relative_strength": -3.749685,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.174511,
        "energy": 44.620336,
        "activity_lines": [
          150.364594,
          152.91276,
          165.476536,
          176.367747
        ]
      },
      {
        "date": "2025-03-28",
        "close": 155.353561,
        "volume": 804243,
        "typical_volume": 481399.1,
        "trend": 189.424377,
        "fair_value": 119.353162,
        "relative_strength": -8.538071,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.561535,
        "energy": 36.448349,
        "activity_lines": [
          152.457421,
          152.504911,
          163.561109,
          174.003072
        ]
      },
      {
        "date": "2025-04-04",
        "close": 156.123337,
        "volume": 631005,
        "typical_volume": 492103.95,
        "trend": 186.310464,
        "fair_value": 119.755872,
        "relative_strength": -5.843948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.507723,
        "energy": 27.941536,
        "activity_lines": [
          154.498936,
          152.599474,
          161.919188,
          171.854617
        ]
      },
      {
        "date": "2025-04-11",
        "close": 159.962265,
        "volume": 241789,
        "typical_volume": 487084.85,
        "trend": 183.8719,
        "fair_value": 120.114514,
        "relative_strength": -3.498529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.003699,
        "energy": 19.594984,
        "activity_lines": [
          156.907564,
          153.631743,
          160.781417,
          170.154734
        ]
      },
      {
        "date": "2025-04-18",
        "close": 160.100418,
        "volume": 153470,
        "typical_volume": 463613.55,
        "trend": 181.999143,
        "fair_value": 120.415834,
        "relative_strength": -7.770732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.722466,
        "energy": 18.903876,
        "activity_lines": [
          158.747093,
          154.921674,
          159.77551,
          168.62109
        ]
      },
      {
        "date": "2025-04-25",
        "close": 160.75177,
        "volume": 515416,
        "typical_volume": 447077.25,
        "trend": 179.811903,
        "fair_value": 120.815569,
        "relative_strength": -8.339411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.333067,
        "energy": 15.567381,
        "activity_lines": [
          159.44317,
          156.519513,
          159.004622,
          167.250291
        ]
      },
      {
        "date": "2025-05-02",
        "close": 159.962265,
        "volume": 290743,
        "typical_volume": 429856.0,
        "trend": 178.084874,
        "fair_value": 121.234573,
        "relative_strength": -10.126042,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.751448,
        "energy": 14.388744,
        "activity_lines": [
          159.944502,
          157.645984,
          158.387309,
          165.969669
        ]
      },
      {
        "date": "2025-05-09",
        "close": 148.149384,
        "volume": 279440,
        "typical_volume": 424567.2,
        "trend": 175.421632,
        "fair_value": 121.623125,
        "relative_strength": -15.700177,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.375483,
        "energy": 24.199215,
        "activity_lines": [
          156.200959,
          156.45689,
          156.872129,
          164.038348
        ]
      },
      {
        "date": "2025-05-16",
        "close": 162.567612,
        "volume": 243926,
        "typical_volume": 419873.85,
        "trend": 173.290644,
        "fair_value": 122.085316,
        "relative_strength": -11.356454,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.748883,
        "energy": 13.483018,
        "activity_lines": [
          157.79509,
          157.785401,
          156.927864,
          163.209056
        ]
      },
      {
        "date": "2025-05-23",
        "close": 159.863586,
        "volume": 328703,
        "typical_volume": 412761.85,
        "trend": 171.828757,
        "fair_value": 122.576368,
        "relative_strength": -12.415672,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.867282,
        "energy": 16.18114,
        "activity_lines": [
          158.314189,
          158.407133,
          156.856857,
          162.342794
        ]
      },
      {
        "date": "2025-05-30",
        "close": 163.258423,
        "volume": 311684,
        "typical_volume": 410879.75,
        "trend": 169.846786,
        "fair_value": 123.052842,
        "relative_strength": -10.440815,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.614057,
        "energy": 9.6695,
        "activity_lines": [
          159.980689,
          159.27935,
          157.29282,
          161.789869
        ]
      },
      {
        "date": "2025-06-06",
        "close": 167.551331,
        "volume": 320447,
        "typical_volume": 409934.65,
        "trend": 168.852019,
        "fair_value": 123.586707,
        "relative_strength": -9.279502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.579084,
        "energy": 9.064473,
        "activity_lines": [
          162.911048,
          160.90518,
          158.192662,
          161.641775
        ]
      },
      {
        "date": "2025-06-13",
        "close": 185.117661,
        "volume": 1120149,
        "typical_volume": 447416.85,
        "trend": 168.848729,
        "fair_value": 124.292616,
        "relative_strength": 0.897154,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.880529,
        "energy": 38.039227,
        "activity_lines": [
          171.190912,
          165.503112,
          160.80233,
          162.691172
        ]
      },
      {
        "date": "2025-06-20",
        "close": 175.98909,
        "volume": 375602,
        "typical_volume": 442261.95,
        "trend": 168.55201,
        "fair_value": 124.933233,
        "relative_strength": -5.834925,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.156031,
        "energy": 42.614233,
        "activity_lines": [
          173.963368,
          167.914133,
          162.467327,
          163.15184
        ]
      },
      {
        "date": "2025-06-27",
        "close": 179.196426,
        "volume": 368382,
        "typical_volume": 444332.4,
        "trend": 167.977649,
        "fair_value": 125.586094,
        "relative_strength": -6.404846,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.232399,
        "energy": 53.099056,
        "activity_lines": [
          176.910171,
          170.61691,
          164.42237,
          163.838577
        ]
      },
      {
        "date": "2025-07-04",
        "close": 177.301636,
        "volume": 270663,
        "typical_volume": 426380.0,
        "trend": 166.927945,
        "fair_value": 126.219726,
        "relative_strength": -6.871001,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.589956,
        "energy": 54.242107,
        "activity_lines": [
          177.93652,
          172.627979,
          166.155649,
          164.440124
        ]
      },
      {
        "date": "2025-07-11",
        "close": 178.456268,
        "volume": 248129,
        "typical_volume": 402415.9,
        "trend": 165.954231,
        "fair_value": 126.870615,
        "relative_strength": -5.257658,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.525893,
        "energy": 46.523105,
        "activity_lines": [
          178.411534,
          174.548075,
          167.834226,
          165.183887
        ]
      },
      {
        "date": "2025-07-18",
        "close": 175.34761,
        "volume": 212591,
        "typical_volume": 404632.3,
        "trend": 165.476584,
        "fair_value": 127.493261,
        "relative_strength": -6.436201,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 56.073504,
        "energy": 42.014731,
        "activity_lines": [
          177.123331,
          175.566706,
          169.084734,
          165.789911
        ]
      },
      {
        "date": "2025-07-25",
        "close": 166.238785,
        "volume": 392310,
        "typical_volume": 407367.7,
        "trend": 164.683467,
        "fair_value": 128.063985,
        "relative_strength": -10.748381,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.662686,
        "energy": 24.011665,
        "activity_lines": [
          173.450191,
          174.434673,
          169.311011,
          165.839086
        ]
      },
      {
        "date": "2025-08-01",
        "close": 153.271271,
        "volume": 303072,
        "typical_volume": 414249.0,
        "trend": 163.178157,
        "fair_value": 128.563594,
        "relative_strength": -16.67632,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 9.447221,
        "energy": 13.15658,
        "activity_lines": [
          166.104566,
          170.878162,
          168.228458,
          165.102815
        ]
      },
      {
        "date": "2025-08-08",
        "close": 152.886383,
        "volume": 261418,
        "typical_volume": 383659.1,
        "trend": 162.447213,
        "fair_value": 129.068435,
        "relative_strength": -15.981536,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.259345,
        "energy": 23.333664,
        "activity_lines": [
          160.358989,
          167.371532,
          167.044586,
          164.438829
        ]
      },
      {
        "date": "2025-08-15",
        "close": 160.218857,
        "volume": 308437,
        "typical_volume": 358868.8,
        "trend": 161.944894,
        "fair_value": 129.626131,
        "relative_strength": -12.794107,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.732001,
        "energy": 26.422685,
        "activity_lines": [
          158.685254,
          165.386661,
          166.601386,
          164.295065
        ]
      },
      {
        "date": "2025-08-22",
        "close": 167.977921,
        "volume": 252962,
        "typical_volume": 339966.65,
        "trend": 161.90056,
        "fair_value": 130.225865,
        "relative_strength": -9.183695,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.838855,
        "energy": 21.388684,
        "activity_lines": [
          160.813701,
          164.945847,
          166.873977,
          164.684292
        ]
      },
      {
        "date": "2025-08-29",
        "close": 158.45607,
        "volume": 138304,
        "typical_volume": 334792.4,
        "trend": 161.424024,
        "fair_value": 130.777805,
        "relative_strength": -12.155141,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.113188,
        "energy": 19.018731,
        "activity_lines": [
          160.259509,
          163.085419,
          166.183274,
          164.462067
        ]
      },
      {
        "date": "2025-09-05",
        "close": 166.488571,
        "volume": 321126,
        "typical_volume": 343175.2,
        "trend": 161.289583,
        "fair_value": 131.365836,
        "relative_strength": -8.081297,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.062559,
        "energy": 8.048532,
        "activity_lines": [
          162.901666,
          163.004227,
          166.264744,
          164.788812
        ]
      },
      {
        "date": "2025-09-12",
        "close": 153.759674,
        "volume": 237757,
        "typical_volume": 329292.25,
        "trend": 161.657519,
        "fair_value": 131.876583,
        "relative_strength": -15.689596,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.754423,
        "energy": 12.618248,
        "activity_lines": [
          160.419704,
          160.839743,
          165.103518,
          164.303011
        ]
      },
      {
        "date": "2025-09-19",
        "close": 152.975296,
        "volume": 332455,
        "typical_volume": 331377.85,
        "trend": 161.732196,
        "fair_value": 132.397085,
        "relative_strength": -16.30532,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.57026,
        "energy": 21.737912,
        "activity_lines": [
          157.618063,
          158.96068,
          163.900885,
          163.742868
        ]
      },
      {
        "date": "2025-09-26",
        "close": 141.825073,
        "volume": 441586,
        "typical_volume": 339485.15,
        "trend": 161.711852,
        "fair_value": 132.870749,
        "relative_strength": -19.670091,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -45.484632,
        "energy": 52.183789,
        "activity_lines": [
          151.582586,
          155.517595,
          161.669598,
          162.458537
        ]
      },
      {
        "date": "2025-10-03",
        "close": 139.86908,
        "volume": 192485,
        "typical_volume": 336913.1,
        "trend": 161.349654,
        "fair_value": 133.320172,
        "relative_strength": -20.935716,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -74.352603,
        "energy": 74.327671,
        "activity_lines": [
          146.638633,
          152.328375,
          159.282141,
          161.049326
        ]
      },
      {
        "date": "2025-10-10",
        "close": 141.25914,
        "volume": 322324,
        "typical_volume": 336594.15,
        "trend": 161.401896,
        "fair_value": 133.792979,
        "relative_strength": -20.622819,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.626333,
        "energy": 73.698107,
        "activity_lines": [
          143.397167,
          149.871342,
          157.135159,
          159.753164
        ]
      },
      {
        "date": "2025-10-17",
        "close": 139.422272,
        "volume": 243926,
        "typical_volume": 333206.25,
        "trend": 160.656701,
        "fair_value": 134.273415,
        "relative_strength": -22.163744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.30182,
        "energy": 75.835822,
        "activity_lines": [
          141.225373,
          147.298736,
          154.90183,
          158.335124
        ]
      },
      {
        "date": "2025-10-24",
        "close": 141.328629,
        "volume": 81024,
        "typical_volume": 321235.1,
        "trend": 160.189203,
        "fair_value": 134.750671,
        "relative_strength": -20.715671,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.800709,
        "energy": 69.891481,
        "activity_lines": [
          140.644859,
          145.317542,
          152.963564,
          157.088152
        ]
      },
      {
        "date": "2025-10-31",
        "close": 141.298843,
        "volume": 143005,
        "typical_volume": 272377.9,
        "trend": 159.695054,
        "fair_value": 135.225274,
        "relative_strength": -19.686924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.651926,
        "energy": 60.171779,
        "activity_lines": [
          140.83086,
          143.674391,
          151.147331,
          155.869419
        ]
      },
      {
        "date": "2025-11-07",
        "close": 140.812332,
        "volume": 361304,
        "typical_volume": 271663.0,
        "trend": 159.056723,
        "fair_value": 135.698297,
        "relative_strength": -18.635616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.350599,
        "energy": 46.917577,
        "activity_lines": [
          140.889774,
          142.427858,
          149.493425,
          154.651178
        ]
      },
      {
        "date": "2025-11-14",
        "close": 144.515823,
        "volume": 229283,
        "typical_volume": 264708.05,
        "trend": 158.537236,
        "fair_value": 136.204608,
        "relative_strength": -17.304873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.05074,
        "energy": 39.526054,
        "activity_lines": [
          142.1203,
          142.175482,
          148.359741,
          153.713056
        ]
      },
      {
        "date": "2025-11-21",
        "close": 139.720139,
        "volume": 247774,
        "typical_volume": 263563.6,
        "trend": 157.836182,
        "fair_value": 136.704507,
        "relative_strength": -19.992438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.368653,
        "energy": 36.471224,
        "activity_lines": [
          141.535153,
          141.450668,
          146.934471,
          152.49905
        ]
      },
      {
        "date": "2025-11-28",
        "close": 128.877731,
        "volume": 293164,
        "typical_volume": 265815.35,
        "trend": 156.800031,
        "fair_value": 137.132747,
        "relative_strength": -25.895434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.490648,
        "energy": 51.128528,
        "activity_lines": [
          137.316012,
          139.009771,
          144.65555,
          150.630763
        ]
      },
      {
        "date": "2025-12-05",
        "close": 122.413986,
        "volume": 176605,
        "typical_volume": 264016.05,
        "trend": 155.942184,
        "fair_value": 137.47613,
        "relative_strength": -28.78653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.000468,
        "energy": 75.225517,
        "activity_lines": [
          131.77235,
          135.831786,
          141.997122,
          148.412308
        ]
      },
      {
        "date": "2025-12-12",
        "close": 125.213951,
        "volume": 213788,
        "typical_volume": 255089.95,
        "trend": 154.697062,
        "fair_value": 137.838692,
        "relative_strength": -25.991974,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.606219,
        "energy": 81.936568,
        "activity_lines": [
          128.421,
          133.515814,
          139.857423,
          146.429841
        ]
      },
      {
        "date": "2025-12-19",
        "close": 122.840935,
        "volume": 115622,
        "typical_volume": 245717.45,
        "trend": 153.462974,
        "fair_value": 138.230391,
        "relative_strength": -26.448408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.750003,
        "energy": 84.716109,
        "activity_lines": [
          125.318536,
          131.034841,
          137.687078,
          144.374607
        ]
      },
      {
        "date": "2025-12-26",
        "close": 130.30751,
        "volume": 206090,
        "typical_volume": 242951.05,
        "trend": 152.36461,
        "fair_value": 138.64162,
        "relative_strength": -21.50664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.246446,
        "energy": 73.750251,
        "activity_lines": [
          126.149923,
          130.246304,
          136.372743,
          142.880707
        ]
      },
      {
        "date": "2026-01-02",
        "close": 131.3004,
        "volume": 215704,
        "typical_volume": 238314.4,
        "trend": 151.156245,
        "fair_value": 139.06414,
        "relative_strength": -20.986786,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.992771,
        "energy": 49.806564,
        "activity_lines": [
          127.939782,
          129.804015,
          135.260486,
          141.521725
        ]
      },
      {
        "date": "2026-01-09",
        "close": 119.51474,
        "volume": 236456,
        "typical_volume": 237489.1,
        "trend": 148.969481,
        "fair_value": 139.416347,
        "relative_strength": -25.636134,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.66364,
        "energy": 53.729189,
        "activity_lines": [
          125.639577,
          127.401211,
          133.163493,
          139.480338
        ]
      },
      {
        "date": "2026-01-16",
        "close": 119.614029,
        "volume": 138336,
        "typical_volume": 237490.7,
        "trend": 147.090313,
        "fair_value": 139.771654,
        "relative_strength": -24.937564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.942827,
        "energy": 51.529477,
        "activity_lines": [
          123.565751,
          125.412533,
          131.306733,
          137.586438
        ]
      },
      {
        "date": "2026-01-23",
        "close": 115.801308,
        "volume": 157894,
        "typical_volume": 229329.1,
        "trend": 144.977142,
        "fair_value": 140.118535,
        "relative_strength": -24.825508,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.018838,
        "energy": 55.91709,
        "activity_lines": [
          120.594346,
          123.116057,
          129.271819,
          135.567792
        ]
      },
      {
        "date": "2026-01-30",
        "close": 117.787094,
        "volume": 137283,
        "typical_volume": 224305.4,
        "trend": 142.993324,
        "fair_value": 140.481225,
        "relative_strength": -23.714487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.897572,
        "energy": 57.318547,
        "activity_lines": [
          118.754178,
          121.702716,
          127.667395,
          133.813596
        ]
      },
      {
        "date": "2026-02-06",
        "close": 119.991325,
        "volume": 181487,
        "typical_volume": 216757.0,
        "trend": 141.044493,
        "fair_value": 140.818625,
        "relative_strength": -22.790001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.64823,
        "energy": 51.978412,
        "activity_lines": [
          118.483448,
          121.088926,
          126.444196,
          132.329596
        ]
      },
      {
        "date": "2026-02-13",
        "close": 117.618309,
        "volume": 120433,
        "typical_volume": 200699.35,
        "trend": 139.120183,
        "fair_value": 141.151404,
        "relative_strength": -23.263531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.688619,
        "energy": 50.525188,
        "activity_lines": [
          118.175651,
          120.20525,
          125.152062,
          130.818229
        ]
      },
      {
        "date": "2026-02-20",
        "close": 120.388481,
        "volume": 134271,
        "typical_volume": 197788.65,
        "trend": 137.591839,
        "fair_value": 141.508143,
        "relative_strength": -21.284775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.171868,
        "energy": 42.807211,
        "activity_lines": [
          118.917674,
          119.912436,
          124.239024,
          129.609732
        ]
      },
      {
        "date": "2026-02-27",
        "close": 114.758774,
        "volume": 121316,
        "typical_volume": 187738.25,
        "trend": 136.308089,
        "fair_value": 141.812977,
        "relative_strength": -23.33229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.797031,
        "energy": 44.841547,
        "activity_lines": [
          117.731498,
          118.683774,
          122.882588,
          128.136631
        ]
      },
      {
        "date": "2026-03-06",
        "close": 109.92337,
        "volume": 216939,
        "typical_volume": 186388.9,
        "trend": 134.875989,
        "fair_value": 142.09829,
        "relative_strength": -23.83648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.217579,
        "energy": 50.477083,
        "activity_lines": [
          115.003022,
          116.722896,
          121.19183,
          126.434391
        ]
      },
      {
        "date": "2026-03-13",
        "close": 107.858147,
        "volume": 1129636,
        "typical_volume": 238819.5,
        "trend": 133.130632,
        "fair_value": 142.387733,
        "relative_strength": -20.665183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.786191,
        "energy": 54.409378,
        "activity_lines": [
          112.110387,
          114.757144,
          119.444855,
          124.691305
        ]
      },
      {
        "date": "2026-03-20",
        "close": 110.092163,
        "volume": 193367,
        "typical_volume": 241337.6,
        "trend": 131.201107,
        "fair_value": 142.714448,
        "relative_strength": -18.314498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.468137,
        "energy": 58.764801,
        "activity_lines": [
          110.771303,
          113.6238,
          118.070027,
          123.204952
        ]
      },
      {
        "date": "2026-03-27",
        "close": 99.080963,
        "volume": 301285,
        "typical_volume": 238336.65,
        "trend": 129.221936,
        "fair_value": 142.999422,
        "relative_strength": -24.974396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.270156,
        "energy": 77.079777,
        "activity_lines": [
          106.263561,
          110.659739,
          115.795116,
          121.132684
        ]
      },
      {
        "date": "2026-04-03",
        "close": 109.357422,
        "volume": 169151,
        "typical_volume": 235330.05,
        "trend": 127.317565,
        "fair_value": 143.324218,
        "relative_strength": -16.247586,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.72526,
        "energy": 55.200126,
        "activity_lines": [
          106.601808,
          109.937453,
          114.697636,
          119.851103
        ]
      },
      {
        "date": "2026-04-10",
        "close": 122.34449,
        "volume": 299941,
        "typical_volume": 237938.4,
        "trend": 126.270392,
        "fair_value": 143.711795,
        "relative_strength": -10.940022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.616482,
        "energy": 33.164902,
        "activity_lines": [
          111.629167,
          111.693614,
          115.004441,
          119.530259
        ]
      },
      {
        "date": "2026-04-17",
        "close": 134.279083,
        "volume": 257681,
        "typical_volume": 236164.25,
        "trend": 125.647185,
        "fair_value": 144.177116,
        "relative_strength": -3.077125,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -3.526976,
        "energy": 9.334934,
        "activity_lines": [
          119.806649,
          115.536839,
          116.530615,
          120.046949
        ]
      },
      {
        "date": "2026-04-24",
        "close": 133.772705,
        "volume": 259178,
        "typical_volume": 240292.9,
        "trend": 125.378772,
        "fair_value": 144.637641,
        "relative_strength": -1.238119,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 30.837432,
        "energy": 34.834334,
        "activity_lines": [
          126.053942,
          119.028218,
          117.982842,
          120.571176
        ]
      },
      {
        "date": "2026-05-01",
        "close": 132.462082,
        "volume": 130295,
        "typical_volume": 236118.25,
        "trend": 125.131873,
        "fair_value": 145.08139,
        "relative_strength": -2.263302,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.706258,
        "energy": 39.707057,
        "activity_lines": [
          130.285659,
          121.987586,
          119.256158,
          121.028164
        ]
      },
      {
        "date": "2026-05-08",
        "close": 139.740005,
        "volume": 283815,
        "typical_volume": 244527.9,
        "trend": 125.081235,
        "fair_value": 145.577685,
        "relative_strength": 2.481354,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.873907,
        "energy": 61.284268,
        "activity_lines": [
          134.717942,
          126.050692,
          121.188095,
          121.970624
        ]
      },
      {
        "date": "2026-05-15",
        "close": 139.869995,
        "volume": 676662,
        "typical_volume": 268056.5,
        "trend": 125.096159,
        "fair_value": 146.081016,
        "relative_strength": 5.096044,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.753239,
        "energy": 64.99758,
        "activity_lines": [
          137.168049,
          129.683229,
          123.05194,
          122.924738
        ]
      },
      {
        "date": "2026-05-22",
        "close": 122.400002,
        "volume": 331423,
        "typical_volume": 273842.45,
        "trend": 124.465205,
        "fair_value": 146.479804,
        "relative_strength": -7.924414,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.810122,
        "energy": 32.615042,
        "activity_lines": [
          132.626458,
          129.594919,
          123.206441,
          122.750792
        ]
      },
      {
        "date": "2026-05-29",
        "close": 123.129997,
        "volume": 425938,
        "typical_volume": 283316.55,
        "trend": 123.859576,
        "fair_value": 146.85939,
        "relative_strength": -6.260734,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 15.409097,
        "energy": 17.356552,
        "activity_lines": [
          129.120138,
          129.374938,
          123.472848,
          122.66465
        ]
      },
      {
        "date": "2026-06-05",
        "close": 118.099998,
        "volume": 67296,
        "typical_volume": 279764.55,
        "trend": 123.102499,
        "fair_value": 147.210764,
        "relative_strength": -8.87603,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.514897,
        "energy": 9.000945,
        "activity_lines": [
          124.646665,
          128.003361,
          123.242992,
          122.293064
        ]
      },
      {
        "date": "2026-06-12",
        "close": 118.540001,
        "volume": 53741,
        "typical_volume": 274556.9,
        "trend": 122.236638,
        "fair_value": 147.479977,
        "relative_strength": -8.746692,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.887661,
        "energy": 19.926241,
        "activity_lines": [
          121.277332,
          126.365983,
          123.06225,
          121.998709
        ]
      },
      {
        "date": "2026-06-19",
        "close": 122.669998,
        "volume": 24486,
        "typical_volume": 268917.05,
        "trend": 121.6683,
        "fair_value": 147.804199,
        "relative_strength": -6.480591,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.771021,
        "energy": 14.992605,
        "activity_lines": [
          120.697999,
          125.312558,
          123.261801,
          122.026668
        ]
      },
      {
        "date": "2026-06-26",
        "close": 123.860001,
        "volume": 0,
        "typical_volume": 259842.7,
        "trend": 121.501042,
        "fair_value": 148.132327,
        "relative_strength": -5.126963,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.006818,
        "energy": 18.167665,
        "activity_lines": [
          121.662,
          124.469579,
          123.551432,
          122.168068
        ]
      },
      {
        "date": "2026-07-03",
        "close": 131.949997,
        "volume": 1532464,
        "typical_volume": 330444.25,
        "trend": 121.818909,
        "fair_value": 148.502389,
        "relative_strength": 0.720066,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.658159,
        "energy": 17.199797,
        "activity_lines": [
          125.225332,
          125.286946,
          124.593118,
          122.842194
        ]
      },
      {
        "date": "2026-07-10",
        "close": 130.550003,
        "volume": 566976,
        "typical_volume": 352079.5,
        "trend": 121.996778,
        "fair_value": 148.771982,
        "relative_strength": 0.524469,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.144286,
        "energy": 28.386977,
        "activity_lines": [
          127.734,
          125.882909,
          125.433225,
          123.40549
        ]
      },
      {
        "date": "2026-07-17",
        "close": 129.820007,
        "volume": 138880,
        "typical_volume": 352957.7,
        "trend": 122.229413,
        "fair_value": 149.02542,
        "relative_strength": 0.044329,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.795184,
        "energy": 40.352817,
        "activity_lines": [
          129.169336,
          126.38091,
          126.15542,
          123.910215
        ]
      },
      {
        "date": "2026-07-24",
        "close": 131.820007,
        "volume": 596713,
        "typical_volume": 371946.4,
        "trend": 122.27983,
        "fair_value": 149.236162,
        "relative_strength": 4.44041,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.223163,
        "energy": 50.166564,
        "activity_lines": [
          130.519338,
          127.422911,
          126.996371,
          124.528963
        ]
      },
      {
        "date": "2026-07-31",
        "close": 139.860001,
        "volume": 682847,
        "typical_volume": 349606.95,
        "trend": 122.56515,
        "fair_value": 149.516751,
        "relative_strength": 8.207687,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.175921,
        "energy": 62.263228,
        "activity_lines": [
          133.939337,
          130.073093,
          128.498766,
          125.663168
        ]
      },
      {
        "date": "2026-08-07",
        "close": 149.520004,
        "volume": 1086767,
        "typical_volume": 394276.95,
        "trend": 123.565325,
        "fair_value": 149.802074,
        "relative_strength": 14.88001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.230721,
        "energy": 74.711191,
        "activity_lines": [
          139.512671,
          134.162185,
          130.768771,
          127.40219
        ]
      }
    ],
    "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."
    }
  }
}