{
  "ticker": {
    "uuid": "3e4a11d2-782f-4f17-b890-f18e74e86b5f",
    "symbol": "MOWI",
    "name": "Mowi ASA",
    "exchange": "OSL",
    "country": "NO",
    "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": "OSEBX.OL",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -27.559,
    "architecture_energy": 24.39,
    "architecture_maturity": 91.644,
    "architecture_confidence": 73.042,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 42.91,
        "rotation_up": 37.6,
        "upward_expansion": 20.83,
        "deceleration": 44.13,
        "rotation_down": 24.15,
        "downward_expansion": 57.16
      },
      "activity_lines": [
        198.760002,
        195.807273,
        196.775549,
        200.756916
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 199.5,
    "trend_reference": 206.317719,
    "distance_from_trend": -0.033045,
    "trend_direction": "Weakening",
    "fair_value": 190.986792,
    "distance_from_fair_value": 0.044575,
    "fair_value_direction": "Improving",
    "relative_strength": -16.305753,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.110693,
    "excess_performance": -0.235686,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.033045,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.051226,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.044575,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.02354,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.163058,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.038066,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.110693,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.738253,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4970152,
      "relative_activity": 1.314726,
      "balance": 2.738253,
      "dry_up": 1.005061,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.03872,
      "annualized_volatility": 0.217442,
      "from_high_reference": -0.173646,
      "from_low_reference": 0.091954
    },
    "levels": {
      "trend_reference": 206.317719,
      "fair_value_reference": 190.986792,
      "structural_low": 182.699997,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": 0.004246,
        "positive_rate": 0.588235,
        "directional_follow_through": 0.411765,
        "median_excess_return": 0.006259,
        "regime_survival": 0.764706,
        "best_return": 0.107022,
        "worst_return": -0.22698,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.085982,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.060643,
        "regime_survival": 0.333333,
        "best_return": 0.187517,
        "worst_return": -0.232083,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.13693,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.135511,
        "regime_survival": 0.0,
        "best_return": 0.203777,
        "worst_return": -0.139592,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.106896,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.008772,
        "regime_survival": 0.333333,
        "best_return": 0.129283,
        "worst_return": -0.17307,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-11",
        "end": "2024-10-25",
        "tenure": "New",
        "return": 0.014918,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-01",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": 0.04779,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.10041,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.098568,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.096278,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.011321,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.003884,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-04",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": 0.043837,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.049953,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": 0.021724,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.031359,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": -0.095116,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-30",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": -0.018884,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-17",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.050843,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 163.88031,
        "volume": 3164610,
        "typical_volume": 3907159.85,
        "trend": 163.266262,
        "fair_value": 172.341297,
        "relative_strength": 2.680924,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.636308,
        "energy": 8.321482,
        "activity_lines": [
          161.865463,
          159.577761,
          162.160988,
          163.314797
        ]
      },
      {
        "date": "2023-08-25",
        "close": 169.924927,
        "volume": 5057791,
        "typical_volume": 4080931.05,
        "trend": 163.543212,
        "fair_value": 172.523512,
        "relative_strength": 6.978443,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.401193,
        "energy": 21.324561,
        "activity_lines": [
          164.76747,
          161.617504,
          162.576752,
          163.744389
        ]
      },
      {
        "date": "2023-09-01",
        "close": 175.050858,
        "volume": 3871442,
        "typical_volume": 4092677.65,
        "trend": 164.108844,
        "fair_value": 172.715301,
        "relative_strength": 7.335412,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 43.727559,
        "energy": 41.20682,
        "activity_lines": [
          168.779677,
          164.532644,
          163.474192,
          164.486817
        ]
      },
      {
        "date": "2023-09-08",
        "close": 174.503784,
        "volume": 3266514,
        "typical_volume": 4041030.0,
        "trend": 164.648876,
        "fair_value": 172.889666,
        "relative_strength": 7.029718,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.447907,
        "energy": 57.411843,
        "activity_lines": [
          171.512973,
          166.956577,
          164.329626,
          165.157459
        ]
      },
      {
        "date": "2023-09-15",
        "close": 178.105118,
        "volume": 5970931,
        "typical_volume": 4147115.0,
        "trend": 165.370805,
        "fair_value": 173.104781,
        "relative_strength": 6.365705,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 66.976373,
        "energy": 74.514473,
        "activity_lines": [
          174.494898,
          169.654328,
          165.550948,
          166.025603
        ]
      },
      {
        "date": "2023-09-22",
        "close": 175.324356,
        "volume": 2728754,
        "typical_volume": 4129433.95,
        "trend": 166.094685,
        "fair_value": 173.375673,
        "relative_strength": 4.897342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.319611,
        "energy": 73.010228,
        "activity_lines": [
          175.50535,
          171.365589,
          166.522539,
          166.667768
        ]
      },
      {
        "date": "2023-09-29",
        "close": 172.817123,
        "volume": 3738792,
        "typical_volume": 4050820.05,
        "trend": 166.645736,
        "fair_value": 173.603192,
        "relative_strength": 3.717876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.940991,
        "energy": 65.854681,
        "activity_lines": [
          174.917121,
          172.259547,
          167.233752,
          167.101474
        ]
      },
      {
        "date": "2023-10-06",
        "close": 167.711472,
        "volume": 3435529,
        "typical_volume": 4089406.15,
        "trend": 167.090565,
        "fair_value": 173.752216,
        "relative_strength": 3.395829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.754475,
        "energy": 37.795798,
        "activity_lines": [
          172.434196,
          172.009406,
          167.44927,
          167.170231
        ]
      },
      {
        "date": "2023-10-13",
        "close": 170.173111,
        "volume": 3449023,
        "typical_volume": 3980080.25,
        "trend": 167.611499,
        "fair_value": 173.942446,
        "relative_strength": -0.188489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 13.383252,
        "energy": 14.137801,
        "activity_lines": [
          171.261109,
          172.041221,
          167.905474,
          167.369105
        ]
      },
      {
        "date": "2023-10-20",
        "close": 160.554443,
        "volume": 3777163,
        "typical_volume": 3850239.3,
        "trend": 167.599085,
        "fair_value": 174.093501,
        "relative_strength": -3.244931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -19.71154,
        "energy": 20.102259,
        "activity_lines": [
          167.170512,
          170.143339,
          167.449158,
          166.913811
        ]
      },
      {
        "date": "2023-10-27",
        "close": 162.332306,
        "volume": 3498378,
        "typical_volume": 3813032.6,
        "trend": 167.256186,
        "fair_value": 174.32768,
        "relative_strength": -1.781326,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.987538,
        "energy": 24.574135,
        "activity_lines": [
          164.84258,
          168.602931,
          167.213872,
          166.574019
        ]
      },
      {
        "date": "2023-11-03",
        "close": 164.611603,
        "volume": 3023329,
        "typical_volume": 3652541.05,
        "trend": 167.124634,
        "fair_value": 174.534182,
        "relative_strength": -2.252433,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.584414,
        "energy": 21.636319,
        "activity_lines": [
          164.140551,
          167.505086,
          167.207544,
          166.4034
        ]
      },
      {
        "date": "2023-11-10",
        "close": 171.495132,
        "volume": 4524744,
        "typical_volume": 3582842.25,
        "trend": 166.93543,
        "fair_value": 174.659552,
        "relative_strength": 1.657016,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.586488,
        "energy": 12.660944,
        "activity_lines": [
          166.280066,
          167.755398,
          167.86727,
          166.685368
        ]
      },
      {
        "date": "2023-11-17",
        "close": 171.280167,
        "volume": 3308107,
        "typical_volume": 3543247.65,
        "trend": 166.667655,
        "fair_value": 174.831988,
        "relative_strength": 0.213361,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.510545,
        "energy": 14.600747,
        "activity_lines": [
          168.095682,
          168.031275,
          168.420858,
          166.965674
        ]
      },
      {
        "date": "2023-11-24",
        "close": 177.024719,
        "volume": 2789717,
        "typical_volume": 3491271.9,
        "trend": 166.525911,
        "fair_value": 174.986381,
        "relative_strength": 1.759199,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.536686,
        "energy": 34.888521,
        "activity_lines": [
          171.752345,
          169.410227,
          169.437118,
          167.633871
        ]
      },
      {
        "date": "2023-12-01",
        "close": 176.013672,
        "volume": 5307815,
        "typical_volume": 3569979.25,
        "trend": 166.700049,
        "fair_value": 175.166945,
        "relative_strength": 1.698003,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.745092,
        "energy": 54.545251,
        "activity_lines": [
          173.973974,
          170.624996,
          170.236284,
          168.245985
        ]
      },
      {
        "date": "2023-12-08",
        "close": 168.798477,
        "volume": 3515139,
        "typical_volume": 3596706.5,
        "trend": 166.632193,
        "fair_value": 175.293228,
        "relative_strength": -1.933604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.308981,
        "energy": 48.593071,
        "activity_lines": [
          172.878446,
          170.515378,
          170.250342,
          168.381367
        ]
      },
      {
        "date": "2023-12-15",
        "close": 167.37384,
        "volume": 5560591,
        "typical_volume": 3768665.0,
        "trend": 166.57723,
        "fair_value": 175.3887,
        "relative_strength": -3.070882,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.588176,
        "energy": 32.140304,
        "activity_lines": [
          171.028915,
          170.219802,
          170.091339,
          168.429216
        ]
      },
      {
        "date": "2023-12-22",
        "close": 161.629272,
        "volume": 4655902,
        "typical_volume": 3872633.7,
        "trend": 166.267629,
        "fair_value": 175.418711,
        "relative_strength": -6.36673,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.520105,
        "energy": 6.123211,
        "activity_lines": [
          167.539281,
          168.885897,
          169.343466,
          168.109992
        ]
      },
      {
        "date": "2023-12-29",
        "close": 167.281921,
        "volume": 1620381,
        "typical_volume": 3813232.6,
        "trend": 166.12991,
        "fair_value": 175.468629,
        "relative_strength": -3.974259,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.296703,
        "energy": 16.092562,
        "activity_lines": [
          166.577256,
          168.735089,
          169.12726,
          168.175431
        ]
      },
      {
        "date": "2024-01-05",
        "close": 173.440109,
        "volume": 3451274,
        "typical_volume": 3827565.8,
        "trend": 166.416993,
        "fair_value": 175.567926,
        "relative_strength": -1.280042,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.140829,
        "energy": 19.22789,
        "activity_lines": [
          168.31748,
          169.581635,
          169.474477,
          168.647056
        ]
      },
      {
        "date": "2024-01-12",
        "close": 169.533798,
        "volume": 4389505,
        "typical_volume": 3794151.5,
        "trend": 166.507707,
        "fair_value": 175.667609,
        "relative_strength": -2.112943,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.91002,
        "energy": 12.601196,
        "activity_lines": [
          168.927172,
          169.515981,
          169.404142,
          168.848141
        ]
      },
      {
        "date": "2024-01-19",
        "close": 179.690201,
        "volume": 4888939,
        "typical_volume": 3845026.35,
        "trend": 167.380537,
        "fair_value": 175.810985,
        "relative_strength": 5.296861,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 62.773736,
        "energy": 40.264786,
        "activity_lines": [
          172.873309,
          171.207452,
          170.302945,
          169.698624
        ]
      },
      {
        "date": "2024-01-26",
        "close": 171.647797,
        "volume": 5888768,
        "typical_volume": 3976139.05,
        "trend": 167.983784,
        "fair_value": 175.893975,
        "relative_strength": -0.592246,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.42723,
        "energy": 31.810596,
        "activity_lines": [
          173.317555,
          171.287667,
          170.413714,
          169.973931
        ]
      },
      {
        "date": "2024-02-02",
        "close": 175.278351,
        "volume": 3625600,
        "typical_volume": 3858872.5,
        "trend": 168.771202,
        "fair_value": 175.97963,
        "relative_strength": 3.143968,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.008357,
        "energy": 41.651648,
        "activity_lines": [
          174.304083,
          172.021298,
          170.883849,
          170.444548
        ]
      },
      {
        "date": "2024-02-09",
        "close": 175.232376,
        "volume": 3292312,
        "typical_volume": 3887050.4,
        "trend": 169.430782,
        "fair_value": 176.073286,
        "relative_strength": 5.506727,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 54.595102,
        "energy": 47.296653,
        "activity_lines": [
          174.742192,
          172.778322,
          171.363066,
          170.861398
        ]
      },
      {
        "date": "2024-02-16",
        "close": 185.572632,
        "volume": 5548290,
        "typical_volume": 3977525.3,
        "trend": 170.251595,
        "fair_value": 176.192277,
        "relative_strength": 9.345333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.552457,
        "energy": 55.534293,
        "activity_lines": [
          178.507567,
          175.429598,
          172.827508,
          171.902808
        ]
      },
      {
        "date": "2024-02-23",
        "close": 185.859802,
        "volume": 3287380,
        "typical_volume": 3970117.85,
        "trend": 171.160168,
        "fair_value": 176.261117,
        "relative_strength": 9.446402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.360705,
        "energy": 65.248378,
        "activity_lines": [
          181.299411,
          177.828102,
          174.258558,
          172.909789
        ]
      },
      {
        "date": "2024-03-01",
        "close": 192.447922,
        "volume": 5571360,
        "typical_volume": 4076234.7,
        "trend": 172.234215,
        "fair_value": 176.331981,
        "relative_strength": 11.629374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.736148,
        "energy": 76.3873,
        "activity_lines": [
          185.875988,
          181.088337,
          176.230629,
          174.283193
        ]
      },
      {
        "date": "2024-03-08",
        "close": 188.921906,
        "volume": 3085335,
        "typical_volume": 4041643.3,
        "trend": 173.11705,
        "fair_value": 176.421522,
        "relative_strength": 8.905126,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.595072,
        "energy": 76.021091,
        "activity_lines": [
          187.890551,
          183.14714,
          177.760817,
          175.359818
        ]
      },
      {
        "date": "2024-03-15",
        "close": 184.467941,
        "volume": 5840506,
        "typical_volume": 4158749.7,
        "trend": 173.803305,
        "fair_value": 176.493234,
        "relative_strength": 5.069404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.054605,
        "energy": 67.921374,
        "activity_lines": [
          187.510889,
          184.002677,
          178.731735,
          176.092133
        ]
      },
      {
        "date": "2024-03-22",
        "close": 187.530045,
        "volume": 4059760,
        "typical_volume": 4210571.25,
        "trend": 174.390142,
        "fair_value": 176.580286,
        "relative_strength": 4.671069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.996109,
        "energy": 59.889607,
        "activity_lines": [
          187.536224,
          185.214454,
          179.888874,
          176.977729
        ]
      },
      {
        "date": "2024-03-29",
        "close": 184.607147,
        "volume": 2244810,
        "typical_volume": 4096574.55,
        "trend": 174.708685,
        "fair_value": 176.626085,
        "relative_strength": 2.437014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.763033,
        "energy": 38.85374,
        "activity_lines": [
          186.456765,
          185.56759,
          180.658507,
          177.636891
        ]
      },
      {
        "date": "2024-04-05",
        "close": 179.689194,
        "volume": 5333675,
        "typical_volume": 4197852.95,
        "trend": 174.881532,
        "fair_value": 176.641431,
        "relative_strength": -1.90238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.7697,
        "energy": 23.846077,
        "activity_lines": [
          183.821499,
          184.937154,
          180.897325,
          177.958214
        ]
      },
      {
        "date": "2024-04-12",
        "close": 177.276627,
        "volume": 3890579,
        "typical_volume": 4252896.05,
        "trend": 174.853915,
        "fair_value": 176.684199,
        "relative_strength": -4.740043,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.550709,
        "energy": 18.290369,
        "activity_lines": [
          181.232626,
          183.721862,
          180.866332,
          178.112737
        ]
      },
      {
        "date": "2024-04-19",
        "close": 172.49791,
        "volume": 5483251,
        "typical_volume": 4261667.85,
        "trend": 174.759701,
        "fair_value": 176.688294,
        "relative_strength": -4.627321,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.911188,
        "energy": 16.619818,
        "activity_lines": [
          177.827199,
          181.60138,
          180.379023,
          177.960736
        ]
      },
      {
        "date": "2024-04-26",
        "close": 179.271667,
        "volume": 3408970,
        "typical_volume": 4256359.4,
        "trend": 174.974852,
        "fair_value": 176.735273,
        "relative_strength": -2.444823,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.687644,
        "energy": 22.511623,
        "activity_lines": [
          177.477693,
          180.762209,
          180.553576,
          178.251831
        ]
      },
      {
        "date": "2024-05-03",
        "close": 180.106781,
        "volume": 3540859,
        "typical_volume": 4155372.8,
        "trend": 175.388029,
        "fair_value": 176.717378,
        "relative_strength": -2.22816,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.019843,
        "energy": 16.623334,
        "activity_lines": [
          177.957117,
          180.189439,
          180.757791,
          178.582923
        ]
      },
      {
        "date": "2024-05-10",
        "close": 182.936905,
        "volume": 4668854,
        "typical_volume": 4156020.4,
        "trend": 175.813489,
        "fair_value": 176.758368,
        "relative_strength": -3.848297,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.145135,
        "energy": 13.394426,
        "activity_lines": [
          179.67994,
          180.235837,
          181.170909,
          179.069947
        ]
      },
      {
        "date": "2024-05-17",
        "close": 185.508545,
        "volume": 3530011,
        "typical_volume": 4251501.9,
        "trend": 176.645292,
        "fair_value": 176.802976,
        "relative_strength": -2.240022,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.286698,
        "energy": 25.780111,
        "activity_lines": [
          182.043462,
          180.922734,
          181.727479,
          179.695435
        ]
      },
      {
        "date": "2024-05-24",
        "close": 180.085419,
        "volume": 3120277,
        "typical_volume": 4234952.05,
        "trend": 177.237063,
        "fair_value": 176.786029,
        "relative_strength": -5.375833,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.592829,
        "energy": 22.337966,
        "activity_lines": [
          182.050481,
          180.685669,
          181.680769,
          179.917378
        ]
      },
      {
        "date": "2024-05-31",
        "close": 175.597321,
        "volume": 6413598,
        "typical_volume": 4336156.7,
        "trend": 177.603253,
        "fair_value": 176.677359,
        "relative_strength": -8.59223,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.728568,
        "energy": 10.723588,
        "activity_lines": [
          180.055634,
          179.712268,
          181.174976,
          179.811589
        ]
      },
      {
        "date": "2024-06-07",
        "close": 175.316803,
        "volume": 4100353,
        "typical_volume": 4296727.4,
        "trend": 177.730642,
        "fair_value": 176.56743,
        "relative_strength": -7.489983,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 1.956052,
        "energy": 10.619715,
        "activity_lines": [
          178.212237,
          178.904823,
          180.613593,
          179.664076
        ]
      },
      {
        "date": "2024-06-14",
        "close": 177.140076,
        "volume": 3691135,
        "typical_volume": 4186845.75,
        "trend": 177.925973,
        "fair_value": 176.444975,
        "relative_strength": -4.306294,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.703243,
        "energy": 21.948027,
        "activity_lines": [
          177.295929,
          178.597797,
          180.24668,
          179.625975
        ]
      },
      {
        "date": "2024-06-21",
        "close": 171.389725,
        "volume": 4310583,
        "typical_volume": 4221094.9,
        "trend": 177.738139,
        "fair_value": 176.319557,
        "relative_strength": -8.337978,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.147025,
        "energy": 43.053901,
        "activity_lines": [
          174.849293,
          177.291601,
          179.305962,
          179.204281
        ]
      },
      {
        "date": "2024-06-28",
        "close": 166.15358,
        "volume": 4771633,
        "typical_volume": 4295060.95,
        "trend": 177.40947,
        "fair_value": 176.174025,
        "relative_strength": -11.975624,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.311259,
        "energy": 61.183125,
        "activity_lines": [
          171.59853,
          175.140413,
          177.88508,
          178.45689
        ]
      },
      {
        "date": "2024-07-05",
        "close": 165.499069,
        "volume": 3954917,
        "typical_volume": 4215392.3,
        "trend": 177.299489,
        "fair_value": 176.030754,
        "relative_strength": -11.978667,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.256425,
        "energy": 67.617123,
        "activity_lines": [
          169.058386,
          172.985574,
          176.445097,
          177.688477
        ]
      },
      {
        "date": "2024-07-12",
        "close": 163.255035,
        "volume": 2751324,
        "typical_volume": 4188589.5,
        "trend": 177.162196,
        "fair_value": 175.867718,
        "relative_strength": -13.922031,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -77.856072,
        "energy": 81.988871,
        "activity_lines": [
          166.443448,
          170.67314,
          174.886984,
          176.782384
        ]
      },
      {
        "date": "2024-07-19",
        "close": 166.15358,
        "volume": 3264890,
        "typical_volume": 4073266.0,
        "trend": 177.313006,
        "fair_value": 175.712501,
        "relative_strength": -12.716879,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.560528,
        "energy": 78.071607,
        "activity_lines": [
          165.598809,
          169.194109,
          173.712565,
          176.07215
        ]
      },
      {
        "date": "2024-07-26",
        "close": 167.088593,
        "volume": 2347399,
        "typical_volume": 4036369.2,
        "trend": 177.306562,
        "fair_value": 175.571886,
        "relative_strength": -11.52675,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.38115,
        "energy": 72.734229,
        "activity_lines": [
          165.798274,
          168.190233,
          172.752406,
          175.412511
        ]
      },
      {
        "date": "2024-08-02",
        "close": 169.893661,
        "volume": 3711201,
        "typical_volume": 3929903.95,
        "trend": 177.188347,
        "fair_value": 175.439568,
        "relative_strength": -8.318122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.770711,
        "energy": 46.019726,
        "activity_lines": [
          167.219504,
          168.031276,
          172.163364,
          174.934259
        ]
      },
      {
        "date": "2024-08-09",
        "close": 172.324738,
        "volume": 4586998,
        "typical_volume": 3956265.85,
        "trend": 177.281378,
        "fair_value": 175.325524,
        "relative_strength": -7.178359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.149697,
        "energy": 28.481185,
        "activity_lines": [
          169.201754,
          168.499639,
          171.875255,
          174.620478
        ]
      },
      {
        "date": "2024-08-16",
        "close": 177.794617,
        "volume": 4095479,
        "typical_volume": 4048799.3,
        "trend": 177.218192,
        "fair_value": 175.258381,
        "relative_strength": -6.090834,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.8587,
        "energy": 18.313247,
        "activity_lines": [
          172.552252,
          170.022026,
          172.180493,
          174.65359
        ]
      },
      {
        "date": "2024-08-23",
        "close": 175.831085,
        "volume": 3539481,
        "typical_volume": 3959089.6,
        "trend": 177.357635,
        "fair_value": 175.116236,
        "relative_strength": -6.377274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.431648,
        "energy": 21.339627,
        "activity_lines": [
          174.278935,
          171.142357,
          172.331168,
          174.564099
        ]
      },
      {
        "date": "2024-08-30",
        "close": 174.308777,
        "volume": 4429325,
        "typical_volume": 3986026.9,
        "trend": 177.325316,
        "fair_value": 174.974423,
        "relative_strength": -7.273427,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.25507,
        "energy": 22.581526,
        "activity_lines": [
          174.853014,
          172.009704,
          172.355234,
          174.367399
        ]
      },
      {
        "date": "2024-09-06",
        "close": 171.66629,
        "volume": 3150457,
        "typical_volume": 3869387.2,
        "trend": 177.206446,
        "fair_value": 174.817298,
        "relative_strength": -4.958897,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.590189,
        "energy": 16.757038,
        "activity_lines": [
          174.064919,
          172.343525,
          172.141767,
          174.0023
        ]
      },
      {
        "date": "2024-09-13",
        "close": 177.423111,
        "volume": 3612641,
        "typical_volume": 3879570.75,
        "trend": 176.934796,
        "fair_value": 174.690023,
        "relative_strength": -3.115243,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.569533,
        "energy": 10.360607,
        "activity_lines": [
          175.077589,
          173.62381,
          172.480528,
          174.016279
        ]
      },
      {
        "date": "2024-09-20",
        "close": 175.063736,
        "volume": 4936794,
        "typical_volume": 3949367.5,
        "trend": 176.574927,
        "fair_value": 174.529178,
        "relative_strength": -4.256188,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.887297,
        "energy": 10.081226,
        "activity_lines": [
          174.963909,
          174.258317,
          172.60339,
          173.895565
        ]
      },
      {
        "date": "2024-09-27",
        "close": 177.139969,
        "volume": 4710186,
        "typical_volume": 3951434.1,
        "trend": 176.064662,
        "fair_value": 174.458137,
        "relative_strength": -2.971941,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.890788,
        "energy": 9.088587,
        "activity_lines": [
          175.724365,
          175.055617,
          172.948003,
          173.932019
        ]
      },
      {
        "date": "2024-10-04",
        "close": 179.640915,
        "volume": 4039922,
        "typical_volume": 3976929.65,
        "trend": 175.755295,
        "fair_value": 174.387395,
        "relative_strength": -4.345459,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.285316,
        "energy": 33.147705,
        "activity_lines": [
          177.231211,
          176.107882,
          173.558406,
          174.162745
        ]
      },
      {
        "date": "2024-10-11",
        "close": 183.463043,
        "volume": 3118250,
        "typical_volume": 3976828.3,
        "trend": 175.721799,
        "fair_value": 174.29938,
        "relative_strength": -2.255906,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.986361,
        "energy": 43.003972,
        "activity_lines": [
          179.656624,
          177.626855,
          174.560762,
          174.660019
        ]
      },
      {
        "date": "2024-10-18",
        "close": 185.775238,
        "volume": 5042277,
        "typical_volume": 3908262.25,
        "trend": 175.663305,
        "fair_value": 174.158373,
        "relative_strength": 0.011117,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.843104,
        "energy": 59.127198,
        "activity_lines": [
          182.066319,
          179.319511,
          175.767243,
          175.308628
        ]
      },
      {
        "date": "2024-10-25",
        "close": 186.199875,
        "volume": 2915889,
        "typical_volume": 3849039.05,
        "trend": 175.716396,
        "fair_value": 174.02497,
        "relative_strength": -1.638103,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 71.494776,
        "energy": 71.91733,
        "activity_lines": [
          184.06075,
          180.84482,
          176.9657,
          175.988407
        ]
      },
      {
        "date": "2024-11-01",
        "close": 179.452148,
        "volume": 5108448,
        "typical_volume": 3919904.7,
        "trend": 175.708495,
        "fair_value": 173.861333,
        "relative_strength": -3.308334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.162599,
        "energy": 58.197898,
        "activity_lines": [
          183.06353,
          180.990446,
          177.469691,
          176.229423
        ]
      },
      {
        "date": "2024-11-08",
        "close": 184.453964,
        "volume": 4460945,
        "typical_volume": 3927422.8,
        "trend": 175.947739,
        "fair_value": 173.767193,
        "relative_strength": 0.615448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.091472,
        "energy": 50.277991,
        "activity_lines": [
          183.579437,
          181.979656,
          178.439037,
          176.793647
        ]
      },
      {
        "date": "2024-11-15",
        "close": 186.554047,
        "volume": 3761397,
        "typical_volume": 3876911.0,
        "trend": 176.416277,
        "fair_value": 173.680488,
        "relative_strength": -0.207453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.299438,
        "energy": 42.927183,
        "activity_lines": [
          184.474502,
          183.166241,
          179.546179,
          177.477925
        ]
      },
      {
        "date": "2024-11-22",
        "close": 193.068954,
        "volume": 5125699,
        "typical_volume": 3935450.1,
        "trend": 176.876187,
        "fair_value": 173.76653,
        "relative_strength": 1.661865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.840725,
        "energy": 50.475067,
        "activity_lines": [
          187.335135,
          185.266668,
          181.176644,
          178.552291
        ]
      },
      {
        "date": "2024-11-29",
        "close": 190.59613,
        "volume": 5420191,
        "typical_volume": 4068893.45,
        "trend": 177.225832,
        "fair_value": 173.88202,
        "relative_strength": 1.415494,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.542181,
        "energy": 62.644131,
        "activity_lines": [
          188.885246,
          186.633021,
          182.440316,
          179.437449
        ]
      },
      {
        "date": "2024-12-06",
        "close": 193.639603,
        "volume": 3859234,
        "typical_volume": 4098610.65,
        "trend": 177.582588,
        "fair_value": 173.961897,
        "relative_strength": 3.315285,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.196072,
        "energy": 71.037715,
        "activity_lines": [
          191.156764,
          188.270325,
          183.863648,
          180.496402
        ]
      },
      {
        "date": "2024-12-13",
        "close": 196.968353,
        "volume": 3734462,
        "typical_volume": 4167963.8,
        "trend": 177.964582,
        "fair_value": 174.100224,
        "relative_strength": 5.24946,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.300216,
        "energy": 77.578349,
        "activity_lines": [
          193.592035,
          190.212864,
          185.473117,
          181.747097
        ]
      },
      {
        "date": "2024-12-20",
        "close": 185.88829,
        "volume": 5193059,
        "typical_volume": 4242056.7,
        "trend": 178.158011,
        "fair_value": 174.159885,
        "relative_strength": 2.422668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.445054,
        "energy": 45.420003,
        "activity_lines": [
          191.499659,
          189.825801,
          185.885058,
          182.258304
        ]
      },
      {
        "date": "2024-12-27",
        "close": 186.126083,
        "volume": 1142256,
        "typical_volume": 4069819.6,
        "trend": 178.50897,
        "fair_value": 174.213974,
        "relative_strength": 0.747749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.806158,
        "energy": 37.400685,
        "activity_lines": [
          189.530931,
          189.437878,
          186.24348,
          182.772373
        ]
      },
      {
        "date": "2025-01-03",
        "close": 188.028214,
        "volume": 1905968,
        "typical_volume": 3960344.05,
        "trend": 178.932683,
        "fair_value": 174.282986,
        "relative_strength": -0.779144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.606919,
        "energy": 26.241461,
        "activity_lines": [
          188.659105,
          189.389418,
          186.717338,
          183.386517
        ]
      },
      {
        "date": "2025-01-10",
        "close": 185.650513,
        "volume": 3712530,
        "typical_volume": 3968996.5,
        "trend": 179.216365,
        "fair_value": 174.329661,
        "relative_strength": -3.108063,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.788351,
        "energy": 22.560696,
        "activity_lines": [
          187.165907,
          188.875406,
          186.916016,
          183.819926
        ]
      },
      {
        "date": "2025-01-17",
        "close": 200.011795,
        "volume": 7147052,
        "typical_volume": 4104882.85,
        "trend": 180.170434,
        "fair_value": 174.484769,
        "relative_strength": 3.522841,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.965217,
        "energy": 36.731386,
        "activity_lines": [
          190.992408,
          190.859839,
          188.435676,
          185.161567
        ]
      },
      {
        "date": "2025-01-24",
        "close": 204.291672,
        "volume": 3824203,
        "typical_volume": 4138570.15,
        "trend": 181.441703,
        "fair_value": 174.629108,
        "relative_strength": 5.987532,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 76.081557,
        "energy": 60.255249,
        "activity_lines": [
          196.042639,
          193.339561,
          190.240548,
          186.717775
        ]
      },
      {
        "date": "2025-01-31",
        "close": 216.180161,
        "volume": 5354801,
        "typical_volume": 4225678.15,
        "trend": 183.131073,
        "fair_value": 174.78307,
        "relative_strength": 10.128621,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.923039,
        "energy": 85.359694,
        "activity_lines": [
          203.828808,
          197.658325,
          193.022299,
          188.958966
        ]
      },
      {
        "date": "2025-02-07",
        "close": 205.242752,
        "volume": 5235147,
        "typical_volume": 4240595.8,
        "trend": 184.530664,
        "fair_value": 174.802521,
        "relative_strength": 6.742722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.639309,
        "energy": 80.364697,
        "activity_lines": [
          205.965568,
          199.568265,
          194.577834,
          190.385526
        ]
      },
      {
        "date": "2025-02-14",
        "close": 211.614975,
        "volume": 4878086,
        "typical_volume": 4248990.8,
        "trend": 186.046043,
        "fair_value": 174.911392,
        "relative_strength": 9.902893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.38929,
        "energy": 85.30169,
        "activity_lines": [
          209.078767,
          202.370489,
          196.596537,
          192.132901
        ]
      },
      {
        "date": "2025-02-21",
        "close": 206.679138,
        "volume": 3824724,
        "typical_volume": 4238230.9,
        "trend": 187.365728,
        "fair_value": 174.995892,
        "relative_strength": 6.630954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.68124,
        "energy": 77.941974,
        "activity_lines": [
          208.815723,
          203.948463,
          197.980995,
          193.464069
        ]
      },
      {
        "date": "2025-02-28",
        "close": 201.015366,
        "volume": 6163298,
        "typical_volume": 4390483.3,
        "trend": 188.403118,
        "fair_value": 175.084735,
        "relative_strength": 4.695194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.21597,
        "energy": 47.633952,
        "activity_lines": [
          206.220265,
          204.3201,
          198.697292,
          194.34469
        ]
      },
      {
        "date": "2025-03-07",
        "close": 194.871628,
        "volume": 7850637,
        "typical_volume": 4530901.3,
        "trend": 189.154681,
        "fair_value": 175.119913,
        "relative_strength": 1.667098,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.145223,
        "energy": 29.361011,
        "activity_lines": [
          201.795315,
          203.299657,
          198.744888,
          194.762014
        ]
      },
      {
        "date": "2025-03-14",
        "close": 193.431717,
        "volume": 5647084,
        "typical_volume": 4667461.05,
        "trend": 189.675918,
        "fair_value": 175.083238,
        "relative_strength": 0.214847,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.336722,
        "energy": 20.744116,
        "activity_lines": [
          198.310963,
          201.858402,
          198.612034,
          195.037951
        ]
      },
      {
        "date": "2025-03-21",
        "close": 198.039505,
        "volume": 6700331,
        "typical_volume": 4747055.2,
        "trend": 190.416199,
        "fair_value": 175.008534,
        "relative_strength": 0.804179,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.357087,
        "energy": 24.128168,
        "activity_lines": [
          197.149943,
          201.15668,
          198.88358,
          195.577538
        ]
      },
      {
        "date": "2025-03-28",
        "close": 185.368057,
        "volume": 5111820,
        "typical_volume": 4779598.95,
        "trend": 190.784841,
        "fair_value": 174.855349,
        "relative_strength": -4.137822,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.605914,
        "energy": 18.556075,
        "activity_lines": [
          192.670139,
          197.925805,
          197.85981,
          195.251851
        ]
      },
      {
        "date": "2025-04-04",
        "close": 174.808517,
        "volume": 6474968,
        "typical_volume": 4915277.5,
        "trend": 190.889582,
        "fair_value": 174.602614,
        "relative_strength": -1.853218,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -41.191328,
        "energy": 39.607197,
        "activity_lines": [
          186.091226,
          193.041263,
          195.826017,
          194.22112
        ]
      },
      {
        "date": "2025-04-11",
        "close": 178.072342,
        "volume": 7063677,
        "typical_volume": 5012176.4,
        "trend": 190.911223,
        "fair_value": 174.365308,
        "relative_strength": -0.811927,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.491981,
        "energy": 49.123111,
        "activity_lines": [
          182.347378,
          189.286202,
          194.158995,
          193.394202
        ]
      },
      {
        "date": "2025-04-18",
        "close": 181.43222,
        "volume": 2017066,
        "typical_volume": 4842020.15,
        "trend": 191.123506,
        "fair_value": 174.119327,
        "relative_strength": -1.66445,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.372578,
        "energy": 55.876375,
        "activity_lines": [
          180.843443,
          186.834896,
          192.883374,
          192.782653
        ]
      },
      {
        "date": "2025-04-25",
        "close": 177.400375,
        "volume": 5113223,
        "typical_volume": 4904719.6,
        "trend": 191.132186,
        "fair_value": 173.79147,
        "relative_strength": -4.304927,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.759846,
        "energy": 62.219659,
        "activity_lines": [
          178.795525,
          184.083447,
          191.267405,
          191.89729
        ]
      },
      {
        "date": "2025-05-02",
        "close": 185.560043,
        "volume": 4308716,
        "typical_volume": 4933432.3,
        "trend": 191.329491,
        "fair_value": 173.630177,
        "relative_strength": -3.340435,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.077293,
        "energy": 43.032494,
        "activity_lines": [
          180.843438,
          183.437657,
          190.505878,
          191.537797
        ]
      },
      {
        "date": "2025-05-09",
        "close": 180.088272,
        "volume": 4594460,
        "typical_volume": 4903502.35,
        "trend": 191.216998,
        "fair_value": 173.485995,
        "relative_strength": -5.758837,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.531681,
        "energy": 41.464437,
        "activity_lines": [
          181.054629,
          182.180983,
          189.277554,
          190.812557
        ]
      },
      {
        "date": "2025-05-16",
        "close": 186.040024,
        "volume": 6256734,
        "typical_volume": 5159226.25,
        "trend": 191.225824,
        "fair_value": 173.347467,
        "relative_strength": -6.216032,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.264287,
        "energy": 29.383676,
        "activity_lines": [
          182.897754,
          182.386939,
          188.643683,
          190.478558
        ]
      },
      {
        "date": "2025-05-23",
        "close": 182.694107,
        "volume": 5717940,
        "typical_volume": 5349824.85,
        "trend": 191.108966,
        "fair_value": 173.171428,
        "relative_strength": -6.836498,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.085183,
        "energy": 23.252237,
        "activity_lines": [
          183.094394,
          182.145121,
          187.691564,
          189.928125
        ]
      },
      {
        "date": "2025-05-30",
        "close": 184.6315,
        "volume": 8330487,
        "typical_volume": 5580722.7,
        "trend": 191.281611,
        "fair_value": 173.05046,
        "relative_strength": -6.516328,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.205139,
        "energy": 22.854213,
        "activity_lines": [
          183.852706,
          182.450785,
          186.949358,
          189.510224
        ]
      },
      {
        "date": "2025-06-06",
        "close": 185.212708,
        "volume": 5285317,
        "typical_volume": 5487635.95,
        "trend": 191.306902,
        "fair_value": 172.938203,
        "relative_strength": -7.494642,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.482024,
        "energy": 18.44156,
        "activity_lines": [
          184.322679,
          183.105906,
          186.267358,
          189.118682
        ]
      },
      {
        "date": "2025-06-13",
        "close": 182.500381,
        "volume": 3688750,
        "typical_volume": 5480863.3,
        "trend": 191.17178,
        "fair_value": 172.779755,
        "relative_strength": -11.039208,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.039119,
        "energy": 21.285549,
        "activity_lines": [
          183.911698,
          183.2707,
          185.397513,
          188.550519
        ]
      },
      {
        "date": "2025-06-20",
        "close": 183.953415,
        "volume": 5280460,
        "typical_volume": 5477146.25,
        "trend": 190.867929,
        "fair_value": 172.708172,
        "relative_strength": -11.095469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.326103,
        "energy": 18.307447,
        "activity_lines": [
          183.824255,
          183.559831,
          184.76982,
          188.084818
        ]
      },
      {
        "date": "2025-06-27",
        "close": 186.762604,
        "volume": 3711036,
        "typical_volume": 5400940.7,
        "trend": 190.740144,
        "fair_value": 172.63964,
        "relative_strength": -7.70074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.177449,
        "energy": 15.910111,
        "activity_lines": [
          184.812316,
          184.252794,
          184.56313,
          187.819959
        ]
      },
      {
        "date": "2025-07-04",
        "close": 187.828156,
        "volume": 4050861,
        "typical_volume": 5359579.45,
        "trend": 190.546429,
        "fair_value": 172.543041,
        "relative_strength": -8.526245,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.651813,
        "energy": 10.025575,
        "activity_lines": [
          185.884327,
          185.042579,
          184.545921,
          187.632088
        ]
      },
      {
        "date": "2025-07-11",
        "close": 183.275345,
        "volume": 3097925,
        "typical_volume": 5323239.5,
        "trend": 190.089996,
        "fair_value": 172.48816,
        "relative_strength": -10.467405,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.765949,
        "energy": 12.045184,
        "activity_lines": [
          185.225625,
          184.814983,
          184.208382,
          187.162986
        ]
      },
      {
        "date": "2025-07-18",
        "close": 187.634415,
        "volume": 3734962,
        "typical_volume": 5201822.7,
        "trend": 190.1482,
        "fair_value": 172.473963,
        "relative_strength": -7.771283,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.815573,
        "energy": 10.391569,
        "activity_lines": [
          186.149103,
          185.421485,
          184.39744,
          187.004562
        ]
      },
      {
        "date": "2025-07-25",
        "close": 191.218552,
        "volume": 2462291,
        "typical_volume": 4932405.4,
        "trend": 190.317949,
        "fair_value": 172.468892,
        "relative_strength": -5.898131,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.192402,
        "energy": 8.147464,
        "activity_lines": [
          187.925025,
          186.542447,
          184.991562,
          187.073617
        ]
      },
      {
        "date": "2025-08-01",
        "close": 185.115845,
        "volume": 2817388,
        "typical_volume": 4790920.6,
        "trend": 190.22087,
        "fair_value": 172.403652,
        "relative_strength": -8.311012,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.278012,
        "energy": 8.703328,
        "activity_lines": [
          187.182368,
          186.45967,
          185.02187,
          186.737997
        ]
      },
      {
        "date": "2025-08-08",
        "close": 195.6745,
        "volume": 3200128,
        "typical_volume": 4615910.45,
        "trend": 190.555003,
        "fair_value": 172.464259,
        "relative_strength": -4.093665,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 9.939434,
        "energy": 19.438802,
        "activity_lines": [
          190.069047,
          188.252616,
          186.097363,
          187.089844
        ]
      },
      {
        "date": "2025-08-15",
        "close": 196.061981,
        "volume": 2523035,
        "typical_volume": 4486471.2,
        "trend": 190.423342,
        "fair_value": 172.496883,
        "relative_strength": -4.533031,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.31872,
        "energy": 39.686625,
        "activity_lines": [
          192.561797,
          189.915233,
          187.221022,
          187.445133
        ]
      },
      {
        "date": "2025-08-22",
        "close": 200.517929,
        "volume": 3275805,
        "typical_volume": 4326513.05,
        "trend": 190.297551,
        "fair_value": 172.637837,
        "relative_strength": -4.103471,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 45.222332,
        "energy": 54.674484,
        "activity_lines": [
          195.687421,
          192.190762,
          188.718133,
          188.096397
        ]
      },
      {
        "date": "2025-08-29",
        "close": 201.558929,
        "volume": 3669088,
        "typical_volume": 4156783.6,
        "trend": 189.810177,
        "fair_value": 172.793697,
        "relative_strength": -2.574457,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.359911,
        "energy": 62.732352,
        "activity_lines": [
          198.301143,
          194.327972,
          190.19196,
          188.822937
        ]
      },
      {
        "date": "2025-09-05",
        "close": 201.363785,
        "volume": 2778741,
        "typical_volume": 4194867.35,
        "trend": 189.680878,
        "fair_value": 172.981641,
        "relative_strength": -1.435985,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.437933,
        "energy": 61.962784,
        "activity_lines": [
          200.160459,
          196.109601,
          191.535362,
          189.568331
        ]
      },
      {
        "date": "2025-09-12",
        "close": 210.534424,
        "volume": 4171424,
        "typical_volume": 4147777.4,
        "trend": 189.644859,
        "fair_value": 173.282995,
        "relative_strength": 1.244665,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.654252,
        "energy": 79.968121,
        "activity_lines": [
          203.993459,
          199.293142,
          193.657246,
          190.913721
        ]
      },
      {
        "date": "2025-09-19",
        "close": 209.949066,
        "volume": 6507291,
        "typical_volume": 4257706.15,
        "trend": 189.753857,
        "fair_value": 173.627938,
        "relative_strength": 1.463921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.393336,
        "energy": 79.655631,
        "activity_lines": [
          206.640678,
          201.957414,
          195.565601,
          192.22367
        ]
      },
      {
        "date": "2025-09-26",
        "close": 207.607635,
        "volume": 3244655,
        "typical_volume": 4190215.9,
        "trend": 189.973599,
        "fair_value": 174.182812,
        "relative_strength": -0.664819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.155528,
        "energy": 72.733409,
        "activity_lines": [
          207.581614,
          203.710995,
          197.134823,
          193.375527
        ]
      },
      {
        "date": "2025-10-03",
        "close": 209.168579,
        "volume": 3169867,
        "typical_volume": 4035872.55,
        "trend": 190.450164,
        "fair_value": 174.761417,
        "relative_strength": 0.763609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.711628,
        "energy": 69.558974,
        "activity_lines": [
          208.570218,
          205.385234,
          198.721663,
          194.613913
        ]
      },
      {
        "date": "2025-10-10",
        "close": 215.607544,
        "volume": 3560298,
        "typical_volume": 3927990.45,
        "trend": 191.189358,
        "fair_value": 175.378217,
        "relative_strength": 3.777791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.129173,
        "energy": 68.264938,
        "activity_lines": [
          211.197833,
          207.90383,
          200.811601,
          196.236969
        ]
      },
      {
        "date": "2025-10-17",
        "close": 223.412338,
        "volume": 3744159,
        "typical_volume": 3698674.05,
        "trend": 192.03512,
        "fair_value": 176.036644,
        "relative_strength": 9.23379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.251533,
        "energy": 81.080524,
        "activity_lines": [
          215.477463,
          211.287084,
          203.488122,
          198.315871
        ]
      },
      {
        "date": "2025-10-24",
        "close": 224.387939,
        "volume": 3215087,
        "typical_volume": 3595162.55,
        "trend": 193.335782,
        "fair_value": 176.64642,
        "relative_strength": 8.247251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.36336,
        "energy": 89.011958,
        "activity_lines": [
          219.223765,
          214.343397,
          206.072887,
          200.40315
        ]
      },
      {
        "date": "2025-10-31",
        "close": 217.168503,
        "volume": 2755675,
        "typical_volume": 3548508.8,
        "trend": 194.747782,
        "fair_value": 177.16846,
        "relative_strength": 6.626609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.789366,
        "energy": 81.338891,
        "activity_lines": [
          219.600997,
          215.572067,
          207.783538,
          201.940745
        ]
      },
      {
        "date": "2025-11-07",
        "close": 217.94899,
        "volume": 3683276,
        "typical_volume": 3468649.6,
        "trend": 196.077003,
        "fair_value": 177.707268,
        "relative_strength": 7.752898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.899085,
        "energy": 74.730096,
        "activity_lines": [
          219.601,
          216.639906,
          209.403435,
          203.437597
        ]
      },
      {
        "date": "2025-11-14",
        "close": 217.456558,
        "volume": 3403787,
        "typical_volume": 3453287.15,
        "trend": 197.277815,
        "fair_value": 178.24959,
        "relative_strength": 6.382166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.604209,
        "energy": 55.017913,
        "activity_lines": [
          218.851498,
          217.320211,
          210.81455,
          204.816923
        ]
      },
      {
        "date": "2025-11-21",
        "close": 214.51001,
        "volume": 2659889,
        "typical_volume": 3383738.55,
        "trend": 198.514803,
        "fair_value": 178.745836,
        "relative_strength": 6.937972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.582338,
        "energy": 41.332236,
        "activity_lines": [
          216.996546,
          217.172184,
          211.798879,
          205.928678
        ]
      },
      {
        "date": "2025-11-28",
        "close": 225.510513,
        "volume": 5829165,
        "typical_volume": 3520300.55,
        "trend": 199.846485,
        "fair_value": 179.313448,
        "relative_strength": 10.454614,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.616498,
        "energy": 51.486432,
        "activity_lines": [
          219.401917,
          218.951966,
          213.703819,
          207.670336
        ]
      },
      {
        "date": "2025-12-05",
        "close": 232.582291,
        "volume": 4208761,
        "typical_volume": 3543990.5,
        "trend": 201.596286,
        "fair_value": 179.922427,
        "relative_strength": 12.17747,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 79.799472,
        "energy": 59.874902,
        "activity_lines": [
          224.08971,
          221.734589,
          216.081142,
          209.782324
        ]
      },
      {
        "date": "2025-12-12",
        "close": 229.242828,
        "volume": 3219336,
        "typical_volume": 3581842.75,
        "trend": 203.036379,
        "fair_value": 180.497254,
        "relative_strength": 9.814415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.593131,
        "energy": 68.445282,
        "activity_lines": [
          226.636761,
          223.455953,
          217.926383,
          211.565972
        ]
      },
      {
        "date": "2025-12-19",
        "close": 238.278976,
        "volume": 5718446,
        "typical_volume": 3726895.65,
        "trend": 204.889208,
        "fair_value": 181.088656,
        "relative_strength": 12.767119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.037825,
        "energy": 87.804476,
        "activity_lines": [
          231.44294,
          226.455267,
          220.451142,
          213.839688
        ]
      },
      {
        "date": "2025-12-26",
        "close": 235.921722,
        "volume": 1104542,
        "typical_volume": 3622116.35,
        "trend": 206.598882,
        "fair_value": 181.653902,
        "relative_strength": 11.04087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.775678,
        "energy": 87.382712,
        "activity_lines": [
          234.075206,
          228.613781,
          222.498242,
          215.841785
        ]
      },
      {
        "date": "2026-01-02",
        "close": 239.850464,
        "volume": 1547710,
        "typical_volume": 3573350.1,
        "trend": 208.420141,
        "fair_value": 182.189671,
        "relative_strength": 10.651771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.258242,
        "energy": 88.058766,
        "activity_lines": [
          236.589606,
          231.259168,
          224.727855,
          217.987049
        ]
      },
      {
        "date": "2026-01-09",
        "close": 227.082016,
        "volume": 4441070,
        "typical_volume": 3631613.35,
        "trend": 209.906195,
        "fair_value": 182.659734,
        "relative_strength": 4.616204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.454176,
        "energy": 59.432953,
        "activity_lines": [
          233.891859,
          231.301883,
          225.532909,
          219.191041
        ]
      },
      {
        "date": "2026-01-16",
        "close": 219.420944,
        "volume": 6297745,
        "typical_volume": 3763046.2,
        "trend": 211.088446,
        "fair_value": 183.063695,
        "relative_strength": -1.888583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.868368,
        "energy": 37.15667,
        "activity_lines": [
          229.007106,
          229.77143,
          225.481841,
          219.804895
        ]
      },
      {
        "date": "2026-01-23",
        "close": 207.438232,
        "volume": 7695082,
        "typical_volume": 4008863.25,
        "trend": 211.777634,
        "fair_value": 183.357425,
        "relative_strength": -6.061292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 3.222618,
        "energy": 16.097936,
        "activity_lines": [
          220.782909,
          226.035539,
          224.204506,
          219.569398
        ]
      },
      {
        "date": "2026-01-30",
        "close": 217.456558,
        "volume": 6688852,
        "typical_volume": 4134734.65,
        "trend": 212.765247,
        "fair_value": 183.738031,
        "relative_strength": -2.754156,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.839963,
        "energy": 27.978103,
        "activity_lines": [
          217.954203,
          224.303313,
          223.85237,
          219.93578
        ]
      },
      {
        "date": "2026-02-06",
        "close": 224.331879,
        "volume": 5209194,
        "typical_volume": 4069829.8,
        "trend": 214.133798,
        "fair_value": 184.161294,
        "relative_strength": -1.733357,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.383058,
        "energy": 23.450406,
        "activity_lines": [
          218.648282,
          223.767572,
          224.122065,
          220.682014
        ]
      },
      {
        "date": "2026-02-13",
        "close": 223.742584,
        "volume": 6646452,
        "typical_volume": 4239919.65,
        "trend": 215.337404,
        "fair_value": 184.592675,
        "relative_strength": -2.890329,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.828058,
        "energy": 17.752005,
        "activity_lines": [
          220.180501,
          223.146116,
          224.267147,
          221.301936
        ]
      },
      {
        "date": "2026-02-20",
        "close": 229.959427,
        "volume": 5696692,
        "typical_volume": 4366260.9,
        "trend": 216.628766,
        "fair_value": 185.082107,
        "relative_strength": -3.203068,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.479127,
        "energy": 19.527492,
        "activity_lines": [
          224.00763,
          223.815717,
          224.927476,
          222.245292
        ]
      },
      {
        "date": "2026-02-27",
        "close": 221.654785,
        "volume": 7005598,
        "typical_volume": 4538525.9,
        "trend": 217.846731,
        "fair_value": 185.501141,
        "relative_strength": -6.835035,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.573422,
        "energy": 17.789806,
        "activity_lines": [
          224.36398,
          222.962355,
          224.697882,
          222.569552
        ]
      },
      {
        "date": "2026-03-06",
        "close": 220.863861,
        "volume": 5564226,
        "typical_volume": 4629529.25,
        "trend": 218.686376,
        "fair_value": 185.927405,
        "relative_strength": -7.551238,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.979496,
        "energy": 14.450298,
        "activity_lines": [
          223.508918,
          222.267445,
          224.364166,
          222.764205
        ]
      },
      {
        "date": "2026-03-13",
        "close": 218.491119,
        "volume": 4818791,
        "typical_volume": 4709714.45,
        "trend": 219.434014,
        "fair_value": 186.337315,
        "relative_strength": -10.283528,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.634995,
        "energy": 8.195269,
        "activity_lines": [
          221.635789,
          221.414908,
          223.816611,
          222.751608
        ]
      },
      {
        "date": "2026-03-20",
        "close": 209.791016,
        "volume": 8637344,
        "typical_volume": 5003797.9,
        "trend": 219.743117,
        "fair_value": 186.650547,
        "relative_strength": -14.461892,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.421138,
        "energy": 35.197971,
        "activity_lines": [
          217.252009,
          219.368885,
          222.468554,
          222.129479
        ]
      },
      {
        "date": "2026-03-27",
        "close": 210.977386,
        "volume": 4615951,
        "typical_volume": 5050431.65,
        "trend": 220.057066,
        "fair_value": 186.896433,
        "relative_strength": -14.42125,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.890682,
        "energy": 47.106568,
        "activity_lines": [
          214.193791,
          217.852948,
          221.268615,
          221.563948
        ]
      },
      {
        "date": "2026-04-03",
        "close": 221.259338,
        "volume": 3266428,
        "typical_volume": 5043563.7,
        "trend": 220.720251,
        "fair_value": 187.234261,
        "relative_strength": -13.141653,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.143261,
        "energy": 36.203027,
        "activity_lines": [
          215.828359,
          218.359976,
          221.081109,
          221.641514
        ]
      },
      {
        "date": "2026-04-10",
        "close": 213.350143,
        "volume": 5515795,
        "typical_volume": 5186359.0,
        "trend": 220.814108,
        "fair_value": 187.466177,
        "relative_strength": -15.570504,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.10976,
        "energy": 38.987072,
        "activity_lines": [
          214.852892,
          217.177676,
          220.122237,
          221.166023
        ]
      },
      {
        "date": "2026-04-17",
        "close": 210.186478,
        "volume": 5884782,
        "typical_volume": 5189139.85,
        "trend": 220.822022,
        "fair_value": 187.664081,
        "relative_strength": -13.392589,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.954404,
        "energy": 43.141952,
        "activity_lines": [
          213.323784,
          215.494825,
          218.867587,
          220.480369
        ]
      },
      {
        "date": "2026-04-24",
        "close": 201.486374,
        "volume": 5581742,
        "typical_volume": 5257788.9,
        "trend": 220.61798,
        "fair_value": 187.793628,
        "relative_strength": -17.789763,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.304818,
        "energy": 54.738947,
        "activity_lines": [
          209.448285,
          212.487327,
          216.857327,
          219.232908
        ]
      },
      {
        "date": "2026-05-01",
        "close": 203.068207,
        "volume": 3898231,
        "typical_volume": 5291733.65,
        "trend": 220.414634,
        "fair_value": 188.000542,
        "relative_strength": -17.857856,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.243955,
        "energy": 68.92311,
        "activity_lines": [
          206.653706,
          210.172094,
          215.145794,
          218.100665
        ]
      },
      {
        "date": "2026-05-08",
        "close": 192.094223,
        "volume": 5327195,
        "typical_volume": 5272171.1,
        "trend": 219.630857,
        "fair_value": 188.136825,
        "relative_strength": -20.112392,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.557333,
        "energy": 81.888649,
        "activity_lines": [
          200.728411,
          206.350521,
          212.51376,
          216.273542
        ]
      },
      {
        "date": "2026-05-15",
        "close": 195.159027,
        "volume": 5086024,
        "typical_volume": 5471245.2,
        "trend": 218.68908,
        "fair_value": 188.304365,
        "relative_strength": -20.474023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.901325,
        "energy": 80.635659,
        "activity_lines": [
          197.769058,
          203.623651,
          210.39354,
          214.694714
        ]
      },
      {
        "date": "2026-05-22",
        "close": 200.600006,
        "volume": 5140032,
        "typical_volume": 5650861.3,
        "trend": 217.896149,
        "fair_value": 188.494639,
        "relative_strength": -19.030323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.682386,
        "energy": 73.883927,
        "activity_lines": [
          197.836106,
          202.35341,
          208.985616,
          213.527677
        ]
      },
      {
        "date": "2026-05-29",
        "close": 204.0,
        "volume": 6800714,
        "typical_volume": 5768843.5,
        "trend": 217.457198,
        "fair_value": 188.703527,
        "relative_strength": -15.661877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.598036,
        "energy": 58.052568,
        "activity_lines": [
          199.675584,
          202.026643,
          208.088409,
          212.631151
        ]
      },
      {
        "date": "2026-06-05",
        "close": 190.899994,
        "volume": 1394680,
        "typical_volume": 5523690.25,
        "trend": 216.555565,
        "fair_value": 188.870658,
        "relative_strength": -20.948889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.282821,
        "energy": 53.110828,
        "activity_lines": [
          196.980818,
          199.423347,
          206.053496,
          210.917783
        ]
      },
      {
        "date": "2026-06-12",
        "close": 195.399994,
        "volume": 1380565,
        "typical_volume": 5207964.4,
        "trend": 215.820346,
        "fair_value": 189.053911,
        "relative_strength": -18.54792,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.206838,
        "energy": 45.748376,
        "activity_lines": [
          196.597266,
          198.003277,
          204.582969,
          209.552908
        ]
      },
      {
        "date": "2026-06-19",
        "close": 195.600006,
        "volume": 1776042,
        "typical_volume": 4962323.9,
        "trend": 215.190013,
        "fair_value": 189.323749,
        "relative_strength": -16.436871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.37811,
        "energy": 47.364843,
        "activity_lines": [
          196.06,
          197.089743,
          203.188815,
          208.248369
        ]
      },
      {
        "date": "2026-06-26",
        "close": 192.0,
        "volume": 1231366,
        "typical_volume": 4763432.5,
        "trend": 214.072996,
        "fair_value": 189.570221,
        "relative_strength": -15.618218,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.724712,
        "energy": 61.569705,
        "activity_lines": [
          194.293333,
          195.844392,
          201.555882,
          206.75224
        ]
      },
      {
        "date": "2026-07-03",
        "close": 187.699997,
        "volume": 608088,
        "typical_volume": 4461514.3,
        "trend": 212.576919,
        "fair_value": 189.801274,
        "relative_strength": -19.107099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.305399,
        "energy": 69.703705,
        "activity_lines": [
          191.666666,
          194.147885,
          199.667387,
          205.050756
        ]
      },
      {
        "date": "2026-07-10",
        "close": 185.699997,
        "volume": 2901787,
        "typical_volume": 4321769.05,
        "trend": 211.125492,
        "fair_value": 189.995216,
        "relative_strength": -19.276017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.891941,
        "energy": 79.364652,
        "activity_lines": [
          189.459999,
          192.338404,
          197.760047,
          203.316761
        ]
      },
      {
        "date": "2026-07-17",
        "close": 196.800003,
        "volume": 3718646,
        "typical_volume": 4157421.45,
        "trend": 209.742859,
        "fair_value": 190.225035,
        "relative_strength": -15.328043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.285735,
        "energy": 50.210807,
        "activity_lines": [
          191.3,
          192.862891,
          197.120609,
          202.392536
        ]
      },
      {
        "date": "2026-07-24",
        "close": 197.800003,
        "volume": 3098743,
        "typical_volume": 4034147.3,
        "trend": 208.472135,
        "fair_value": 190.476301,
        "relative_strength": -16.758339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.549382,
        "energy": 41.623489,
        "activity_lines": [
          193.380001,
          193.483636,
          196.694766,
          201.622029
        ]
      },
      {
        "date": "2026-07-31",
        "close": 202.800003,
        "volume": 3410468,
        "typical_volume": 3963731.15,
        "trend": 207.23712,
        "fair_value": 190.749207,
        "relative_strength": -14.895475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.718805,
        "energy": 18.65991,
        "activity_lines": [
          196.980002,
          194.965455,
          196.854941,
          201.256085
        ]
      },
      {
        "date": "2026-08-07",
        "close": 199.5,
        "volume": 4970152,
        "typical_volume": 3780371.55,
        "trend": 206.317719,
        "fair_value": 190.986792,
        "relative_strength": -16.305753,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.558607,
        "energy": 24.389772,
        "activity_lines": [
          198.760002,
          195.807273,
          196.775549,
          200.756916
        ]
      }
    ],
    "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."
    }
  }
}