{
  "ticker": {
    "uuid": "3f58b75a-a5fe-4fef-88cc-947d7242997c",
    "symbol": "688533",
    "name": "Suzhou SONAVOX Electronics Co.,Ltd.",
    "exchange": "SHH",
    "country": "CN",
    "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": "000001.SS",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -62.725,
    "architecture_energy": 59.06,
    "architecture_maturity": 63.517,
    "architecture_confidence": 92.103,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 12.6,
        "rotation_up": 23.75,
        "upward_expansion": 10.55,
        "deceleration": 60.08,
        "rotation_down": 54.92,
        "downward_expansion": 81.55
      },
      "activity_lines": [
        20.998,
        21.343818,
        22.878594,
        24.397614
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 21.459999,
    "trend_reference": 26.633553,
    "distance_from_trend": -0.194249,
    "trend_direction": "Weakening",
    "fair_value": 30.026385,
    "distance_from_fair_value": -0.285295,
    "fair_value_direction": "Weakening",
    "relative_strength": -20.930551,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.342726,
    "excess_performance": -0.299522,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.194249,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.070151,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.285295,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.141115,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.209306,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.09619,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.342726,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.546105,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 4909141,
      "relative_activity": 1.061501,
      "balance": 0.546105,
      "dry_up": 0.974265,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.081927,
      "annualized_volatility": 0.450864,
      "from_high_reference": -0.383156,
      "from_low_reference": 0.090447
    },
    "levels": {
      "trend_reference": 26.633553,
      "fair_value_reference": 30.026385,
      "structural_low": 19.68,
      "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": 23,
        "median_return": 0.016838,
        "positive_rate": 0.565217,
        "directional_follow_through": 0.434783,
        "median_excess_return": 0.022867,
        "regime_survival": 0.73913,
        "best_return": 0.39572,
        "worst_return": -0.182319,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.063401,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.055978,
        "regime_survival": 0.555556,
        "best_return": 0.317063,
        "worst_return": -0.266789,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.093718,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.114417,
        "regime_survival": 0.2,
        "best_return": 0.555076,
        "worst_return": -0.327842,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.134546,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.214042,
        "regime_survival": 0.0,
        "best_return": 0.030203,
        "worst_return": -0.288461,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-08",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": -0.154404,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.036858,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.035437,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.073694,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.059798,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-02",
        "end": "2025-08-01",
        "tenure": "Established",
        "return": 0.029694,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.070469,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-29",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.082257,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-24",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.048299,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.045725,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.023451,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-09",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": 0.068692,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": 0.040311,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-29",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.125208,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 47.207249,
        "volume": 7809166,
        "typical_volume": 9280615.35,
        "trend": 47.491298,
        "fair_value": 43.277811,
        "relative_strength": -12.835796,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.004199,
        "energy": 10.891455,
        "activity_lines": [
          46.656062,
          46.268753,
          44.51751,
          45.157258
        ]
      },
      {
        "date": "2023-08-04",
        "close": 44.302338,
        "volume": 7951889,
        "typical_volume": 9315725.9,
        "trend": 47.116795,
        "fair_value": 43.286568,
        "relative_strength": -17.670898,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.519334,
        "energy": 10.554236,
        "activity_lines": [
          45.842557,
          46.015432,
          44.613673,
          44.951519
        ]
      },
      {
        "date": "2023-08-11",
        "close": 41.737465,
        "volume": 4816190,
        "typical_volume": 8823069.6,
        "trend": 46.551979,
        "fair_value": 43.27344,
        "relative_strength": -18.870993,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.130897,
        "energy": 23.08045,
        "activity_lines": [
          44.247284,
          45.30073,
          44.459489,
          44.604465
        ]
      },
      {
        "date": "2023-08-18",
        "close": 41.659744,
        "volume": 4605151,
        "typical_volume": 8538290.9,
        "trend": 45.974897,
        "fair_value": 43.259879,
        "relative_strength": -16.647453,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.975368,
        "energy": 22.139585,
        "activity_lines": [
          43.101512,
          44.612172,
          44.300956,
          44.288837
        ]
      },
      {
        "date": "2023-08-25",
        "close": 39.230888,
        "volume": 5888539,
        "typical_volume": 8478624.7,
        "trend": 45.440699,
        "fair_value": 43.226304,
        "relative_strength": -18.88102,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.357449,
        "energy": 37.512387,
        "activity_lines": [
          41.587849,
          43.479707,
          43.915173,
          43.85374
        ]
      },
      {
        "date": "2023-09-01",
        "close": 40.328728,
        "volume": 8389111,
        "typical_volume": 8515514.85,
        "trend": 44.703466,
        "fair_value": 43.202357,
        "relative_strength": -17.623296,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.51396,
        "energy": 47.049499,
        "activity_lines": [
          40.754913,
          42.681099,
          43.639536,
          43.523935
        ]
      },
      {
        "date": "2023-09-08",
        "close": 37.919304,
        "volume": 5312545,
        "typical_volume": 8346938.55,
        "trend": 43.953647,
        "fair_value": 43.159054,
        "relative_strength": -21.492552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.199867,
        "energy": 57.476664,
        "activity_lines": [
          39.577403,
          41.557819,
          43.130371,
          43.086247
        ]
      },
      {
        "date": "2023-09-15",
        "close": 39.075439,
        "volume": 7647241,
        "typical_volume": 8309854.45,
        "trend": 43.35944,
        "fair_value": 43.125853,
        "relative_strength": -18.426934,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.550283,
        "energy": 60.026652,
        "activity_lines": [
          39.210808,
          40.780762,
          42.727162,
          42.771524
        ]
      },
      {
        "date": "2023-09-22",
        "close": 40.10527,
        "volume": 13527534,
        "typical_volume": 8664594.2,
        "trend": 42.863096,
        "fair_value": 43.101494,
        "relative_strength": -15.986252,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.529468,
        "energy": 48.341548,
        "activity_lines": [
          39.364957,
          40.369003,
          42.421636,
          42.561578
        ]
      },
      {
        "date": "2023-09-29",
        "close": 39.114296,
        "volume": 6188787,
        "typical_volume": 8437142.15,
        "trend": 42.509491,
        "fair_value": 43.069596,
        "relative_strength": -16.766484,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.008076,
        "energy": 42.555709,
        "activity_lines": [
          39.292414,
          39.925802,
          42.032373,
          42.31972
        ]
      },
      {
        "date": "2023-10-13",
        "close": 44.428635,
        "volume": 18641915,
        "typical_volume": 9126530.4,
        "trend": 42.45849,
        "fair_value": 43.080382,
        "relative_strength": -4.176015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.435333,
        "energy": 15.508833,
        "activity_lines": [
          40.99909,
          40.536814,
          42.158701,
          42.443536
        ]
      },
      {
        "date": "2023-10-20",
        "close": 40.74649,
        "volume": 18824296,
        "typical_volume": 9491171.35,
        "trend": 42.382474,
        "fair_value": 43.062005,
        "relative_strength": -8.409783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.902047,
        "energy": 16.001642,
        "activity_lines": [
          41.205057,
          40.528865,
          41.920947,
          42.333084
        ]
      },
      {
        "date": "2023-10-27",
        "close": 44.350918,
        "volume": 12653415,
        "typical_volume": 9597549.35,
        "trend": 42.448214,
        "fair_value": 43.072075,
        "relative_strength": -0.983183,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.370228,
        "energy": 11.33601,
        "activity_lines": [
          42.424021,
          41.240918,
          42.044704,
          42.46008
        ]
      },
      {
        "date": "2023-11-03",
        "close": 42.524414,
        "volume": 8226959,
        "typical_volume": 9705912.7,
        "trend": 42.448555,
        "fair_value": 43.067829,
        "relative_strength": -5.247757,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.937577,
        "energy": 12.266442,
        "activity_lines": [
          42.682452,
          41.573362,
          41.99261,
          42.464997
        ]
      },
      {
        "date": "2023-11-10",
        "close": 45.176723,
        "volume": 16403063,
        "typical_volume": 9733447.35,
        "trend": 42.607615,
        "fair_value": 43.084052,
        "relative_strength": 0.718585,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.412466,
        "energy": 19.251536,
        "activity_lines": [
          43.663709,
          42.372323,
          42.188399,
          42.641007
        ]
      },
      {
        "date": "2023-11-17",
        "close": 46.051113,
        "volume": 8772058,
        "typical_volume": 9849178.9,
        "trend": 42.826783,
        "fair_value": 43.106701,
        "relative_strength": 2.86392,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.267712,
        "energy": 29.651956,
        "activity_lines": [
          44.532268,
          43.222158,
          42.47431,
          42.863168
        ]
      },
      {
        "date": "2023-11-24",
        "close": 44.603516,
        "volume": 9542449,
        "typical_volume": 9866285.35,
        "trend": 43.07865,
        "fair_value": 43.11804,
        "relative_strength": 0.740384,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.07282,
        "energy": 27.728709,
        "activity_lines": [
          44.81013,
          43.70475,
          42.624807,
          42.977796
        ]
      },
      {
        "date": "2023-12-01",
        "close": 43.622257,
        "volume": 6056230,
        "typical_volume": 9401900.15,
        "trend": 43.232982,
        "fair_value": 43.121832,
        "relative_strength": -0.8107,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.450265,
        "energy": 23.849154,
        "activity_lines": [
          44.50377,
          43.8874,
          42.685644,
          43.012868
        ]
      },
      {
        "date": "2023-12-08",
        "close": 40.173279,
        "volume": 5042479,
        "typical_volume": 9096051.9,
        "trend": 43.160757,
        "fair_value": 43.099827,
        "relative_strength": -6.210536,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -16.39784,
        "energy": 9.05768,
        "activity_lines": [
          43.096328,
          43.360293,
          42.442989,
          42.815468
        ]
      },
      {
        "date": "2023-12-15",
        "close": 38.910278,
        "volume": 4937801,
        "typical_volume": 9061840.9,
        "trend": 43.087715,
        "fair_value": 43.068794,
        "relative_strength": -7.844364,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.171005,
        "energy": 25.760249,
        "activity_lines": [
          41.424628,
          42.602314,
          42.118679,
          42.541243
        ]
      },
      {
        "date": "2023-12-22",
        "close": 36.598003,
        "volume": 5153288,
        "typical_volume": 8929047.0,
        "trend": 42.920503,
        "fair_value": 43.021214,
        "relative_strength": -12.084269,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.477251,
        "energy": 50.751963,
        "activity_lines": [
          39.399933,
          41.427631,
          41.598164,
          42.122552
        ]
      },
      {
        "date": "2023-12-29",
        "close": 37.035198,
        "volume": 5800138,
        "typical_volume": 8821459.45,
        "trend": 42.669174,
        "fair_value": 42.977521,
        "relative_strength": -12.346829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.104818,
        "energy": 64.55197,
        "activity_lines": [
          38.151177,
          40.474812,
          41.169806,
          41.742855
        ]
      },
      {
        "date": "2024-01-05",
        "close": 35.422436,
        "volume": 4139581,
        "typical_volume": 8787629.0,
        "trend": 42.384836,
        "fair_value": 42.922774,
        "relative_strength": -14.369164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.69119,
        "energy": 72.983759,
        "activity_lines": [
          36.869388,
          39.296242,
          40.622457,
          41.275324
        ]
      },
      {
        "date": "2024-01-12",
        "close": 34.489758,
        "volume": 5982394,
        "typical_volume": 8856491.15,
        "trend": 42.150047,
        "fair_value": 42.862105,
        "relative_strength": -14.558972,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.316026,
        "energy": 78.267281,
        "activity_lines": [
          35.823361,
          38.110431,
          40.016353,
          40.765964
        ]
      },
      {
        "date": "2024-01-19",
        "close": 33.207321,
        "volume": 5997108,
        "typical_volume": 8861919.6,
        "trend": 41.703137,
        "fair_value": 42.793142,
        "relative_strength": -15.496598,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.569268,
        "energy": 84.119992,
        "activity_lines": [
          34.728756,
          36.837534,
          39.322256,
          40.189014
        ]
      },
      {
        "date": "2024-01-26",
        "close": 30.28298,
        "volume": 8581877,
        "typical_volume": 8871557.9,
        "trend": 41.160368,
        "fair_value": 42.704417,
        "relative_strength": -24.155912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.05158,
        "energy": 91.420647,
        "activity_lines": [
          33.039569,
          35.250563,
          38.378333,
          39.452229
        ]
      },
      {
        "date": "2024-02-02",
        "close": 24.210838,
        "volume": 12713049,
        "typical_volume": 9241583.1,
        "trend": 40.454057,
        "fair_value": 42.574181,
        "relative_strength": -34.626027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.452647,
        "energy": 97.138342,
        "activity_lines": [
          29.747335,
          32.846261,
          36.903948,
          38.358711
        ]
      },
      {
        "date": "2024-02-09",
        "close": 26.251078,
        "volume": 14591098,
        "typical_volume": 9588775.95,
        "trend": 39.70014,
        "fair_value": 42.460033,
        "relative_strength": -31.505909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.61128,
        "energy": 92.717357,
        "activity_lines": [
          27.990139,
          31.183687,
          35.68915,
          37.44239
        ]
      },
      {
        "date": "2024-02-23",
        "close": 29.01026,
        "volume": 16652656,
        "typical_volume": 9745032.05,
        "trend": 39.057627,
        "fair_value": 42.366632,
        "relative_strength": -26.87443,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.025524,
        "energy": 87.107075,
        "activity_lines": [
          27.764094,
          30.338622,
          34.798199,
          36.75272
        ]
      },
      {
        "date": "2024-03-01",
        "close": 30.224686,
        "volume": 19795857,
        "typical_volume": 10425385.55,
        "trend": 38.60003,
        "fair_value": 42.282895,
        "relative_strength": -23.516611,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.912818,
        "energy": 71.849249,
        "activity_lines": [
          28.308157,
          29.917326,
          34.075742,
          36.182853
        ]
      },
      {
        "date": "2024-03-08",
        "close": 26.581402,
        "volume": 20651237,
        "typical_volume": 10525851.65,
        "trend": 37.912502,
        "fair_value": 42.17535,
        "relative_strength": -32.347638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.573285,
        "energy": 63.579483,
        "activity_lines": [
          27.836635,
          28.991534,
          33.048636,
          35.407458
        ]
      },
      {
        "date": "2024-03-15",
        "close": 28.262171,
        "volume": 13248777,
        "typical_volume": 10247075.7,
        "trend": 37.37783,
        "fair_value": 42.080703,
        "relative_strength": -27.659521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.78859,
        "energy": 53.111445,
        "activity_lines": [
          28.172141,
          28.553457,
          32.266591,
          34.784856
        ]
      },
      {
        "date": "2024-03-22",
        "close": 27.54323,
        "volume": 14772465,
        "typical_volume": 10353028.2,
        "trend": 36.904688,
        "fair_value": 41.982476,
        "relative_strength": -28.791136,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.263227,
        "energy": 52.056242,
        "activity_lines": [
          27.997911,
          28.144173,
          31.475524,
          34.150366
        ]
      },
      {
        "date": "2024-03-29",
        "close": 27.951277,
        "volume": 11090095,
        "typical_volume": 10496185.0,
        "trend": 36.44774,
        "fair_value": 41.888307,
        "relative_strength": -27.126216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.754926,
        "energy": 49.861769,
        "activity_lines": [
          27.873554,
          27.952337,
          30.803356,
          33.572726
        ]
      },
      {
        "date": "2024-04-05",
        "close": 27.154613,
        "volume": 8185132,
        "typical_volume": 10085288.45,
        "trend": 36.045197,
        "fair_value": 41.790083,
        "relative_strength": -29.407543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.534082,
        "energy": 48.2268,
        "activity_lines": [
          27.55424,
          27.734535,
          30.12471,
          32.97317
        ]
      },
      {
        "date": "2024-04-12",
        "close": 24.512016,
        "volume": 8958195,
        "typical_volume": 10094595.3,
        "trend": 35.517973,
        "fair_value": 41.675658,
        "relative_strength": -34.738055,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.065701,
        "energy": 55.286252,
        "activity_lines": [
          26.558733,
          27.14631,
          29.280208,
          32.229093
        ]
      },
      {
        "date": "2024-04-19",
        "close": 23.249012,
        "volume": 11431494,
        "typical_volume": 10189047.55,
        "trend": 35.028964,
        "fair_value": 41.554431,
        "relative_strength": -38.592678,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.774865,
        "energy": 58.279482,
        "activity_lines": [
          25.280183,
          26.433375,
          28.417988,
          31.437547
        ]
      },
      {
        "date": "2024-04-26",
        "close": 25.697298,
        "volume": 8690036,
        "typical_volume": 10320737.85,
        "trend": 34.583026,
        "fair_value": 41.450789,
        "relative_strength": -32.270029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.475418,
        "energy": 51.930555,
        "activity_lines": [
          25.151939,
          26.18307,
          27.890625,
          30.835504
        ]
      },
      {
        "date": "2024-05-03",
        "close": 28.349611,
        "volume": 7943495,
        "typical_volume": 10465788.65,
        "trend": 34.19117,
        "fair_value": 41.365717,
        "relative_strength": -25.424802,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.197791,
        "energy": 44.252677,
        "activity_lines": [
          26.030862,
          26.425072,
          27.701221,
          30.433349
        ]
      },
      {
        "date": "2024-05-10",
        "close": 28.320463,
        "volume": 20003781,
        "typical_volume": 11219087.65,
        "trend": 33.831376,
        "fair_value": 41.281554,
        "relative_strength": -26.357011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.2266,
        "energy": 32.864662,
        "activity_lines": [
          26.873513,
          26.673787,
          27.565344,
          30.054593
        ]
      },
      {
        "date": "2024-05-17",
        "close": 28.349611,
        "volume": 8477048,
        "typical_volume": 11385275.65,
        "trend": 33.295408,
        "fair_value": 41.198657,
        "relative_strength": -25.835083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.261321,
        "energy": 21.018522,
        "activity_lines": [
          27.648157,
          26.962424,
          27.48267,
          29.700931
        ]
      },
      {
        "date": "2024-05-24",
        "close": 27.494652,
        "volume": 6939920,
        "typical_volume": 11442264.75,
        "trend": 32.85368,
        "fair_value": 41.240661,
        "relative_strength": -26.125599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.494434,
        "energy": 21.730062,
        "activity_lines": [
          27.881974,
          27.063464,
          27.35785,
          29.326689
        ]
      },
      {
        "date": "2024-05-31",
        "close": 28.301033,
        "volume": 7148812,
        "typical_volume": 11592726.3,
        "trend": 32.318684,
        "fair_value": 41.305103,
        "relative_strength": -23.480171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.501856,
        "energy": 18.797715,
        "activity_lines": [
          28.101543,
          27.325074,
          27.355259,
          29.03297
        ]
      },
      {
        "date": "2024-06-07",
        "close": 26.592365,
        "volume": 7760156,
        "typical_volume": 11681614.4,
        "trend": 31.787616,
        "fair_value": 41.348999,
        "relative_strength": -26.655247,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.271739,
        "energy": 16.371732,
        "activity_lines": [
          27.577973,
          27.262239,
          27.22385,
          28.66353
        ]
      },
      {
        "date": "2024-06-14",
        "close": 27.741297,
        "volume": 4743569,
        "typical_volume": 11618937.45,
        "trend": 31.206435,
        "fair_value": 41.402611,
        "relative_strength": -22.456235,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.232656,
        "energy": 15.489982,
        "activity_lines": [
          27.554531,
          27.433008,
          27.239469,
          28.402477
        ]
      },
      {
        "date": "2024-06-21",
        "close": 27.004801,
        "volume": 5666987,
        "typical_volume": 11473192.95,
        "trend": 30.571558,
        "fair_value": 41.457754,
        "relative_strength": -23.164714,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.715173,
        "energy": 20.101574,
        "activity_lines": [
          27.3242,
          27.459202,
          27.210974,
          28.131404
        ]
      },
      {
        "date": "2024-06-28",
        "close": 25.404154,
        "volume": 4984151,
        "typical_volume": 11086748.05,
        "trend": 29.931579,
        "fair_value": 41.503935,
        "relative_strength": -26.283458,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.734879,
        "energy": 31.092621,
        "activity_lines": [
          26.649975,
          27.149045,
          27.045647,
          27.798023
        ]
      },
      {
        "date": "2024-07-05",
        "close": 24.893517,
        "volume": 3925713,
        "typical_volume": 10553478.8,
        "trend": 29.307288,
        "fair_value": 41.538612,
        "relative_strength": -26.593165,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.414719,
        "energy": 41.619526,
        "activity_lines": [
          25.944904,
          26.706861,
          26.826006,
          27.472986
        ]
      },
      {
        "date": "2024-07-12",
        "close": 26.661104,
        "volume": 5646565,
        "typical_volume": 10003174.25,
        "trend": 28.856882,
        "fair_value": 41.585238,
        "relative_strength": -21.260396,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.643917,
        "energy": 35.908223,
        "activity_lines": [
          26.056197,
          26.600671,
          26.781171,
          27.302265
        ]
      },
      {
        "date": "2024-07-19",
        "close": 24.697119,
        "volume": 4820991,
        "typical_volume": 9254430.95,
        "trend": 28.38311,
        "fair_value": 41.618098,
        "relative_strength": -26.460601,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.256539,
        "energy": 51.131912,
        "activity_lines": [
          25.508245,
          26.168093,
          26.560476,
          27.033893
        ]
      },
      {
        "date": "2024-07-26",
        "close": 22.733133,
        "volume": 5653167,
        "typical_volume": 8504527.45,
        "trend": 27.920948,
        "fair_value": 41.624753,
        "relative_strength": -29.317243,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.253443,
        "energy": 64.456093,
        "activity_lines": [
          24.508576,
          25.444305,
          26.179056,
          26.669378
        ]
      },
      {
        "date": "2024-08-02",
        "close": 22.507275,
        "volume": 6145089,
        "typical_volume": 8149343.05,
        "trend": 27.436684,
        "fair_value": 41.609969,
        "relative_strength": -29.621821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.366729,
        "energy": 70.2057,
        "activity_lines": [
          23.718399,
          24.78157,
          25.794452,
          26.320109
        ]
      },
      {
        "date": "2024-08-09",
        "close": 21.417261,
        "volume": 4715953,
        "typical_volume": 7646517.45,
        "trend": 26.969845,
        "fair_value": 41.591912,
        "relative_strength": -31.187893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.941263,
        "energy": 81.058379,
        "activity_lines": [
          22.75801,
          24.01133,
          25.333441,
          25.931759
        ]
      },
      {
        "date": "2024-08-16",
        "close": 21.132484,
        "volume": 3790380,
        "typical_volume": 7281531.7,
        "trend": 26.524602,
        "fair_value": 41.594309,
        "relative_strength": -31.769072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.214453,
        "energy": 83.382876,
        "activity_lines": [
          21.934445,
          23.314472,
          24.874479,
          25.555156
        ]
      },
      {
        "date": "2024-08-23",
        "close": 20.101391,
        "volume": 2745658,
        "typical_volume": 7009558.0,
        "trend": 26.087738,
        "fair_value": 41.58199,
        "relative_strength": -33.813056,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.159043,
        "energy": 86.039818,
        "activity_lines": [
          21.135757,
          22.529414,
          24.349788,
          25.140755
        ]
      },
      {
        "date": "2024-08-30",
        "close": 22.006458,
        "volume": 6462543,
        "typical_volume": 6884775.4,
        "trend": 25.811854,
        "fair_value": 41.57365,
        "relative_strength": -26.491944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.584826,
        "energy": 74.967532,
        "activity_lines": [
          21.278474,
          22.229638,
          24.04012,
          24.877446
        ]
      },
      {
        "date": "2024-09-06",
        "close": 22.114477,
        "volume": 9534921,
        "typical_volume": 6789946.75,
        "trend": 25.741975,
        "fair_value": 41.568727,
        "relative_strength": -23.418228,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.609415,
        "energy": 54.949653,
        "activity_lines": [
          21.505641,
          22.040381,
          23.75267,
          24.638906
        ]
      },
      {
        "date": "2024-09-13",
        "close": 21.279783,
        "volume": 5134333,
        "typical_volume": 6612161.6,
        "trend": 25.576265,
        "fair_value": 41.563899,
        "relative_strength": -23.926008,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.841996,
        "energy": 50.661852,
        "activity_lines": [
          21.480764,
          21.759174,
          23.391128,
          24.351023
        ]
      },
      {
        "date": "2024-09-20",
        "close": 21.56456,
        "volume": 2990900,
        "typical_volume": 6364531.85,
        "trend": 25.328075,
        "fair_value": 41.578598,
        "relative_strength": -23.217805,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.064964,
        "energy": 41.5981,
        "activity_lines": [
          21.559978,
          21.595449,
          23.077743,
          24.092203
        ]
      },
      {
        "date": "2024-09-27",
        "close": 25.315775,
        "volume": 11497543,
        "typical_volume": 5939219.95,
        "trend": 25.164445,
        "fair_value": 41.619014,
        "relative_strength": -19.446034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.616169,
        "energy": 16.477513,
        "activity_lines": [
          22.860792,
          22.206427,
          23.153927,
          24.091409
        ]
      },
      {
        "date": "2024-10-04",
        "close": 30.373037,
        "volume": 5910364,
        "typical_volume": 5810885.75,
        "trend": 25.290833,
        "fair_value": 41.692034,
        "relative_strength": -9.936095,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.405438,
        "energy": 32.585837,
        "activity_lines": [
          25.499734,
          23.725659,
          23.726062,
          24.427448
        ]
      },
      {
        "date": "2024-10-11",
        "close": 29.312485,
        "volume": 15113157,
        "typical_volume": 6219547.6,
        "trend": 25.325843,
        "fair_value": 41.760174,
        "relative_strength": -9.274756,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.168065,
        "energy": 43.536168,
        "activity_lines": [
          27.227387,
          24.913157,
          24.187558,
          24.686909
        ]
      },
      {
        "date": "2024-10-18",
        "close": 30.098078,
        "volume": 8818491,
        "typical_volume": 6303031.55,
        "trend": 25.411005,
        "fair_value": 41.838859,
        "relative_strength": -7.177854,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.548685,
        "energy": 58.215456,
        "activity_lines": [
          28.737037,
          26.119758,
          24.715215,
          24.994795
        ]
      },
      {
        "date": "2024-10-25",
        "close": 29.94096,
        "volume": 10760833,
        "typical_volume": 6453065.4,
        "trend": 25.477327,
        "fair_value": 41.920992,
        "relative_strength": -7.912813,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.72662,
        "energy": 68.554788,
        "activity_lines": [
          29.606428,
          27.139959,
          25.219351,
          25.28705
        ]
      },
      {
        "date": "2024-11-01",
        "close": 33.201176,
        "volume": 15632202,
        "typical_volume": 6997497.05,
        "trend": 25.67888,
        "fair_value": 42.032442,
        "relative_strength": 3.900975,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 84.144819,
        "energy": 87.1274,
        "activity_lines": [
          31.004131,
          28.592773,
          26.018039,
          25.785363
        ]
      },
      {
        "date": "2024-11-08",
        "close": 37.904919,
        "volume": 28348072,
        "typical_volume": 8131551.3,
        "trend": 26.12531,
        "fair_value": 42.170825,
        "relative_strength": 13.106061,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.170873,
        "energy": 90.217677,
        "activity_lines": [
          33.444055,
          30.662635,
          27.238702,
          26.57414
        ]
      },
      {
        "date": "2024-11-15",
        "close": 34.291187,
        "volume": 13230998,
        "typical_volume": 8543893.65,
        "trend": 26.493382,
        "fair_value": 42.286291,
        "relative_strength": 7.026706,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.30427,
        "energy": 73.787514,
        "activity_lines": [
          34.177276,
          31.786392,
          28.063296,
          27.100971
        ]
      },
      {
        "date": "2024-11-22",
        "close": 34.173347,
        "volume": 9861047,
        "typical_volume": 8840660.35,
        "trend": 26.775917,
        "fair_value": 42.403787,
        "relative_strength": 9.746105,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.943078,
        "energy": 62.07067,
        "activity_lines": [
          34.539303,
          32.667328,
          28.834347,
          27.596452
        ]
      },
      {
        "date": "2024-11-29",
        "close": 34.016228,
        "volume": 8526947,
        "typical_volume": 8984679.45,
        "trend": 26.964804,
        "fair_value": 42.524918,
        "relative_strength": 8.26556,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.735843,
        "energy": 56.147673,
        "activity_lines": [
          34.577274,
          33.285269,
          29.546245,
          28.063569
        ]
      },
      {
        "date": "2024-12-06",
        "close": 33.91803,
        "volume": 12096202,
        "typical_volume": 9348440.0,
        "trend": 27.15139,
        "fair_value": 42.573068,
        "relative_strength": 6.45054,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.37711,
        "energy": 47.436782,
        "activity_lines": [
          34.310826,
          33.658962,
          30.213766,
          28.512164
        ]
      },
      {
        "date": "2024-12-13",
        "close": 34.251907,
        "volume": 9099863,
        "typical_volume": 9520774.8,
        "trend": 27.348133,
        "fair_value": 42.548097,
        "relative_strength": 8.650692,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.245138,
        "energy": 42.596002,
        "activity_lines": [
          34.107881,
          33.936955,
          30.869176,
          28.970262
        ]
      },
      {
        "date": "2024-12-20",
        "close": 34.026051,
        "volume": 7357739,
        "typical_volume": 9581407.3,
        "trend": 27.565846,
        "fair_value": 42.530097,
        "relative_strength": 9.403679,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.350521,
        "energy": 34.800993,
        "activity_lines": [
          34.073185,
          34.103359,
          31.448225,
          29.401096
        ]
      },
      {
        "date": "2024-12-27",
        "close": 35.842735,
        "volume": 10360996,
        "typical_volume": 9863659.45,
        "trend": 27.817236,
        "fair_value": 42.485369,
        "relative_strength": 14.638705,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.209368,
        "energy": 41.139143,
        "activity_lines": [
          34.661726,
          34.514367,
          32.145439,
          29.935088
        ]
      },
      {
        "date": "2025-01-03",
        "close": 32.052242,
        "volume": 9540425,
        "typical_volume": 10151161.7,
        "trend": 27.999232,
        "fair_value": 42.402479,
        "relative_strength": 9.102551,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.525071,
        "energy": 30.063898,
        "activity_lines": [
          33.875476,
          34.131747,
          32.412962,
          30.208315
        ]
      },
      {
        "date": "2025-01-10",
        "close": 32.50396,
        "volume": 9944287,
        "typical_volume": 10511093.15,
        "trend": 28.157988,
        "fair_value": 42.34099,
        "relative_strength": 12.572514,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.062557,
        "energy": 26.204139,
        "activity_lines": [
          33.370732,
          33.79287,
          32.671507,
          30.498942
        ]
      },
      {
        "date": "2025-01-17",
        "close": 35.1357,
        "volume": 9422957,
        "typical_volume": 10659113.85,
        "trend": 28.429018,
        "fair_value": 42.287088,
        "relative_strength": 19.219897,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.218353,
        "energy": 28.822801,
        "activity_lines": [
          33.837506,
          33.945168,
          33.121634,
          30.949117
        ]
      },
      {
        "date": "2025-01-24",
        "close": 35.351742,
        "volume": 11751668,
        "typical_volume": 10769951.2,
        "trend": 28.760604,
        "fair_value": 42.136163,
        "relative_strength": 19.771338,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.578485,
        "energy": 30.076771,
        "activity_lines": [
          34.317374,
          34.187096,
          33.529815,
          31.395745
        ]
      },
      {
        "date": "2025-01-31",
        "close": 33.701992,
        "volume": 2505675,
        "typical_volume": 10638518.3,
        "trend": 29.05422,
        "fair_value": 42.006413,
        "relative_strength": 14.262282,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.450075,
        "energy": 29.394461,
        "activity_lines": [
          34.158946,
          34.109787,
          33.717844,
          31.714544
        ]
      },
      {
        "date": "2025-02-07",
        "close": 35.469578,
        "volume": 10386039,
        "typical_volume": 11008275.25,
        "trend": 29.347836,
        "fair_value": 41.938559,
        "relative_strength": 17.856717,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.985639,
        "energy": 38.080364,
        "activity_lines": [
          34.73243,
          34.362426,
          34.01506,
          32.128438
        ]
      },
      {
        "date": "2025-02-14",
        "close": 34.026051,
        "volume": 12676821,
        "typical_volume": 11067239.15,
        "trend": 29.6588,
        "fair_value": 41.778641,
        "relative_strength": 11.36887,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.79346,
        "energy": 32.847767,
        "activity_lines": [
          34.596915,
          34.326182,
          34.108583,
          32.430258
        ]
      },
      {
        "date": "2025-02-21",
        "close": 37.531765,
        "volume": 17250441,
        "typical_volume": 11634243.0,
        "trend": 30.152088,
        "fair_value": 41.681982,
        "relative_strength": 21.294622,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.327359,
        "energy": 45.409659,
        "activity_lines": [
          35.528499,
          34.925377,
          34.494507,
          32.938191
        ]
      },
      {
        "date": "2025-02-28",
        "close": 33.68235,
        "volume": 23234250,
        "typical_volume": 12040297.65,
        "trend": 30.52459,
        "fair_value": 41.580638,
        "relative_strength": 10.725732,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.264295,
        "energy": 30.090138,
        "activity_lines": [
          35.017207,
          34.765044,
          34.47973,
          33.16595
        ]
      },
      {
        "date": "2025-03-07",
        "close": 33.859112,
        "volume": 11248078,
        "typical_volume": 12161777.0,
        "trend": 30.939319,
        "fair_value": 41.507722,
        "relative_strength": 9.300903,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.718789,
        "energy": 23.497765,
        "activity_lines": [
          34.676129,
          34.643098,
          34.460979,
          33.381081
        ]
      },
      {
        "date": "2025-03-14",
        "close": 34.212627,
        "volume": 8374495,
        "typical_volume": 12042460.1,
        "trend": 31.375323,
        "fair_value": 41.451616,
        "relative_strength": 8.752209,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.273731,
        "energy": 18.590897,
        "activity_lines": [
          34.442414,
          34.621494,
          34.457986,
          33.592262
        ]
      },
      {
        "date": "2025-03-21",
        "close": 33.446674,
        "volume": 7830033,
        "typical_volume": 11652351.65,
        "trend": 31.820166,
        "fair_value": 41.389981,
        "relative_strength": 7.843061,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.413323,
        "energy": 13.630468,
        "activity_lines": [
          34.037179,
          34.421346,
          34.361704,
          33.725897
        ]
      },
      {
        "date": "2025-03-28",
        "close": 31.119352,
        "volume": 9324110,
        "typical_volume": 10701153.55,
        "trend": 32.123929,
        "fair_value": 41.328901,
        "relative_strength": 0.724013,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -2.813906,
        "energy": 11.46855,
        "activity_lines": [
          32.894794,
          33.780909,
          34.042603,
          33.680684
        ]
      },
      {
        "date": "2025-04-04",
        "close": 30.981871,
        "volume": 3968513,
        "typical_volume": 10238029.3,
        "trend": 32.419509,
        "fair_value": 41.258769,
        "relative_strength": 0.46934,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.007275,
        "energy": 32.257371,
        "activity_lines": [
          32.134077,
          33.188499,
          33.742721,
          33.607002
        ]
      },
      {
        "date": "2025-04-11",
        "close": 27.26012,
        "volume": 12590958,
        "typical_volume": 10374524.85,
        "trend": 32.618854,
        "fair_value": 41.139529,
        "relative_strength": -8.823653,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.627509,
        "energy": 60.631447,
        "activity_lines": [
          30.312808,
          31.998859,
          33.104145,
          33.274139
        ]
      },
      {
        "date": "2025-04-18",
        "close": 27.24048,
        "volume": 6481042,
        "typical_volume": 10272229.6,
        "trend": 32.808051,
        "fair_value": 41.022019,
        "relative_strength": -10.096372,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.982291,
        "energy": 69.415978,
        "activity_lines": [
          28.924925,
          30.922774,
          32.496619,
          32.927147
        ]
      },
      {
        "date": "2025-04-25",
        "close": 28.890228,
        "volume": 6680016,
        "typical_volume": 10001420.3,
        "trend": 32.927199,
        "fair_value": 40.94603,
        "relative_strength": -5.270227,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.027819,
        "energy": 73.49332,
        "activity_lines": [
          28.551768,
          30.296263,
          32.078477,
          32.674384
        ]
      },
      {
        "date": "2025-05-02",
        "close": 26.415606,
        "volume": 7832955,
        "typical_volume": 9938074.9,
        "trend": 32.795285,
        "fair_value": 40.873241,
        "relative_strength": -12.766168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.723904,
        "energy": 77.731027,
        "activity_lines": [
          27.6575,
          29.313199,
          31.448599,
          32.254281
        ]
      },
      {
        "date": "2025-05-09",
        "close": 26.710205,
        "volume": 12327408,
        "typical_volume": 10186558.35,
        "trend": 32.708542,
        "fair_value": 40.786372,
        "relative_strength": -13.277284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.03594,
        "energy": 73.230537,
        "activity_lines": [
          27.175014,
          28.58581,
          30.884094,
          31.861695
        ]
      },
      {
        "date": "2025-05-16",
        "close": 25.816591,
        "volume": 10540387,
        "typical_volume": 10195527.9,
        "trend": 32.565826,
        "fair_value": 40.707948,
        "relative_strength": -16.582381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.502121,
        "energy": 63.576898,
        "activity_lines": [
          26.679435,
          27.822713,
          30.26932,
          31.417053
        ]
      },
      {
        "date": "2025-05-23",
        "close": 24.775677,
        "volume": 7677930,
        "typical_volume": 10102403.15,
        "trend": 32.39365,
        "fair_value": 40.601623,
        "relative_strength": -19.235523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.074272,
        "energy": 76.401767,
        "activity_lines": [
          25.93312,
          27.016586,
          29.603154,
          30.914463
        ]
      },
      {
        "date": "2025-05-30",
        "close": 23.931166,
        "volume": 5995522,
        "typical_volume": 9904964.9,
        "trend": 32.08465,
        "fair_value": 40.494898,
        "relative_strength": -21.635691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.436068,
        "energy": 86.378759,
        "activity_lines": [
          25.069622,
          26.228492,
          28.89121,
          30.368496
        ]
      },
      {
        "date": "2025-06-06",
        "close": 24.539999,
        "volume": 4980561,
        "typical_volume": 9682845.1,
        "trend": 31.639152,
        "fair_value": 40.351412,
        "relative_strength": -20.294597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.943919,
        "energy": 83.170263,
        "activity_lines": [
          24.739672,
          25.724105,
          28.278072,
          29.881745
        ]
      },
      {
        "date": "2025-06-13",
        "close": 24.530001,
        "volume": 12095850,
        "typical_volume": 9700054.2,
        "trend": 31.31378,
        "fair_value": 40.208296,
        "relative_strength": -19.810377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.49968,
        "energy": 79.688264,
        "activity_lines": [
          24.53143,
          25.337524,
          27.714438,
          29.42309
        ]
      },
      {
        "date": "2025-06-20",
        "close": 25.08,
        "volume": 9364062,
        "typical_volume": 10042973.55,
        "trend": 31.010668,
        "fair_value": 40.079784,
        "relative_strength": -17.32434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.690541,
        "energy": 60.046667,
        "activity_lines": [
          24.651867,
          25.16825,
          27.254717,
          29.02091
        ]
      },
      {
        "date": "2025-06-27",
        "close": 26.280001,
        "volume": 12238859,
        "typical_volume": 10135614.55,
        "trend": 30.752794,
        "fair_value": 39.893483,
        "relative_strength": -14.835354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.858254,
        "energy": 46.601995,
        "activity_lines": [
          25.221411,
          25.256797,
          26.950339,
          28.715706
        ]
      },
      {
        "date": "2025-07-04",
        "close": 27.049999,
        "volume": 12558230,
        "typical_volume": 10129685.0,
        "trend": 30.523859,
        "fair_value": 39.705743,
        "relative_strength": -13.434355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.547338,
        "energy": 32.291426,
        "activity_lines": [
          25.947333,
          25.502806,
          26.763053,
          28.476816
        ]
      },
      {
        "date": "2025-07-11",
        "close": 26.360001,
        "volume": 7579705,
        "typical_volume": 9646148.2,
        "trend": 30.260796,
        "fair_value": 39.502955,
        "relative_strength": -16.290545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.751851,
        "energy": 27.332659,
        "activity_lines": [
          26.235334,
          25.65682,
          26.543273,
          28.20818
        ]
      },
      {
        "date": "2025-07-18",
        "close": 26.860001,
        "volume": 6943358,
        "typical_volume": 8831603.6,
        "trend": 30.021928,
        "fair_value": 39.245194,
        "relative_strength": -15.165316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.889904,
        "energy": 24.896343,
        "activity_lines": [
          26.568667,
          25.902754,
          26.424311,
          27.988774
        ]
      },
      {
        "date": "2025-07-25",
        "close": 27.1,
        "volume": 7971779,
        "typical_volume": 8667788.65,
        "trend": 29.730503,
        "fair_value": 38.985375,
        "relative_strength": -15.758302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.444659,
        "energy": 23.098615,
        "activity_lines": [
          26.826667,
          26.1896,
          26.360694,
          27.800263
        ]
      },
      {
        "date": "2025-08-01",
        "close": 27.200001,
        "volume": 11659498,
        "typical_volume": 8832038.8,
        "trend": 29.568762,
        "fair_value": 38.693573,
        "relative_strength": -14.62746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.237975,
        "energy": 17.410601,
        "activity_lines": [
          26.983334,
          26.471294,
          26.338786,
          27.637004
        ]
      },
      {
        "date": "2025-08-08",
        "close": 27.530001,
        "volume": 10407650,
        "typical_volume": 8960919.65,
        "trend": 29.402963,
        "fair_value": 38.41995,
        "relative_strength": -15.395107,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.183963,
        "energy": 16.497708,
        "activity_lines": [
          27.188667,
          26.76891,
          26.381701,
          27.505471
        ]
      },
      {
        "date": "2025-08-15",
        "close": 28.139999,
        "volume": 11072437,
        "typical_volume": 9048336.0,
        "trend": 29.169773,
        "fair_value": 38.136035,
        "relative_strength": -15.012332,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.139548,
        "energy": 15.430017,
        "activity_lines": [
          27.565334,
          27.112,
          26.510885,
          27.42399
        ]
      },
      {
        "date": "2025-08-22",
        "close": 29.469999,
        "volume": 15974618,
        "typical_volume": 9648641.25,
        "trend": 28.973715,
        "fair_value": 37.797692,
        "relative_strength": -14.118183,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 17.978504,
        "energy": 31.191261,
        "activity_lines": [
          28.266666,
          27.631455,
          26.780923,
          27.443359
        ]
      },
      {
        "date": "2025-08-29",
        "close": 29.42,
        "volume": 19360758,
        "typical_volume": 9987131.25,
        "trend": 28.830982,
        "fair_value": 37.525206,
        "relative_strength": -14.957463,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 14.433075,
        "energy": 40.265602,
        "activity_lines": [
          28.777333,
          28.052,
          27.053399,
          27.472152
        ]
      },
      {
        "date": "2025-09-05",
        "close": 29.459999,
        "volume": 23479184,
        "typical_volume": 10837038.35,
        "trend": 28.630663,
        "fair_value": 37.254466,
        "relative_strength": -13.777826,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.027211,
        "energy": 46.564039,
        "activity_lines": [
          29.146666,
          28.400909,
          27.319399,
          27.512734
        ]
      },
      {
        "date": "2025-09-12",
        "close": 28.969999,
        "volume": 12264651,
        "typical_volume": 11116270.1,
        "trend": 28.462127,
        "fair_value": 36.998881,
        "relative_strength": -16.415279,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.508439,
        "energy": 40.558037,
        "activity_lines": [
          29.201999,
          28.602909,
          27.528163,
          27.534626
        ]
      },
      {
        "date": "2025-09-19",
        "close": 28.92,
        "volume": 13695489,
        "typical_volume": 11409396.8,
        "trend": 28.175069,
        "fair_value": 36.794144,
        "relative_strength": -15.400167,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.4624,
        "energy": 30.537413,
        "activity_lines": [
          29.144666,
          28.760909,
          27.731786,
          27.564166
        ]
      },
      {
        "date": "2025-09-26",
        "close": 28.360001,
        "volume": 11002305,
        "typical_volume": 11343141.65,
        "trend": 27.997657,
        "fair_value": 36.578995,
        "relative_strength": -17.071105,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.845486,
        "energy": 22.754781,
        "activity_lines": [
          28.848667,
          28.770545,
          27.87015,
          27.576098
        ]
      },
      {
        "date": "2025-10-03",
        "close": 29.32,
        "volume": 3947720,
        "typical_volume": 11013508.3,
        "trend": 27.846353,
        "fair_value": 36.363302,
        "relative_strength": -15.187774,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.041709,
        "energy": 22.480076,
        "activity_lines": [
          28.946667,
          28.927454,
          28.092086,
          27.66141
        ]
      },
      {
        "date": "2025-10-10",
        "close": 28.950001,
        "volume": 5003473,
        "typical_volume": 10879785.45,
        "trend": 27.670932,
        "fair_value": 36.159997,
        "relative_strength": -16.260256,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 40.416814,
        "energy": 24.984021,
        "activity_lines": [
          28.928,
          28.976727,
          28.262101,
          27.732613
        ]
      },
      {
        "date": "2025-10-17",
        "close": 27.0,
        "volume": 9863354,
        "typical_volume": 11073177.05,
        "trend": 27.456043,
        "fair_value": 35.951388,
        "relative_strength": -20.356635,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 22.103127,
        "energy": 13.984509,
        "activity_lines": [
          28.293334,
          28.639636,
          28.226524,
          27.689327
        ]
      },
      {
        "date": "2025-10-24",
        "close": 27.33,
        "volume": 6543357,
        "typical_volume": 11151316.85,
        "trend": 27.329732,
        "fair_value": 35.7604,
        "relative_strength": -21.269813,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.123462,
        "energy": 14.481732,
        "activity_lines": [
          27.9,
          28.372182,
          28.207762,
          27.681195
        ]
      },
      {
        "date": "2025-10-31",
        "close": 27.51,
        "volume": 7228136,
        "typical_volume": 10907931.15,
        "trend": 27.214002,
        "fair_value": 35.574596,
        "relative_strength": -20.284362,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.959755,
        "energy": 13.708292,
        "activity_lines": [
          27.672667,
          28.152182,
          28.192857,
          27.692826
        ]
      },
      {
        "date": "2025-11-07",
        "close": 27.24,
        "volume": 5927665,
        "typical_volume": 10736111.3,
        "trend": 27.213332,
        "fair_value": 35.440836,
        "relative_strength": -21.187683,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.359392,
        "energy": 16.424592,
        "activity_lines": [
          27.412,
          27.918727,
          28.138048,
          27.694503
        ]
      },
      {
        "date": "2025-11-14",
        "close": 27.23,
        "volume": 5443964,
        "typical_volume": 10396366.55,
        "trend": 27.212982,
        "fair_value": 35.290762,
        "relative_strength": -20.462983,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 1.978888,
        "energy": 14.148322,
        "activity_lines": [
          27.286667,
          27.723091,
          28.072,
          27.695578
        ]
      },
      {
        "date": "2025-11-21",
        "close": 26.01,
        "volume": 4616733,
        "typical_volume": 9999291.7,
        "trend": 27.116975,
        "fair_value": 35.055897,
        "relative_strength": -20.286876,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.904292,
        "energy": 37.175437,
        "activity_lines": [
          26.869333,
          27.346182,
          27.885238,
          27.617966
        ]
      },
      {
        "date": "2025-11-28",
        "close": 26.9,
        "volume": 4418935,
        "typical_volume": 9841253.2,
        "trend": 27.133121,
        "fair_value": 34.837591,
        "relative_strength": -18.085361,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.264457,
        "energy": 35.726137,
        "activity_lines": [
          26.814667,
          27.184909,
          27.78819,
          27.603968
        ]
      },
      {
        "date": "2025-12-05",
        "close": 28.129999,
        "volume": 6315885,
        "typical_volume": 9809879.55,
        "trend": 27.180448,
        "fair_value": 34.677408,
        "relative_strength": -14.112673,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 10.401231,
        "energy": 14.83303,
        "activity_lines": [
          27.198666,
          27.284,
          27.805714,
          27.668283
        ]
      },
      {
        "date": "2025-12-12",
        "close": 28.57,
        "volume": 8627344,
        "typical_volume": 9842657.8,
        "trend": 27.272228,
        "fair_value": 34.506339,
        "relative_strength": -11.911696,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 35.054263,
        "energy": 14.990963,
        "activity_lines": [
          27.688,
          27.467273,
          27.859095,
          27.757931
        ]
      },
      {
        "date": "2025-12-19",
        "close": 28.65,
        "volume": 7787665,
        "typical_volume": 9649066.15,
        "trend": 27.401372,
        "fair_value": 34.343225,
        "relative_strength": -11.128843,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 43.725245,
        "energy": 28.964344,
        "activity_lines": [
          28.115333,
          27.678727,
          27.913095,
          27.84682
        ]
      },
      {
        "date": "2025-12-26",
        "close": 29.360001,
        "volume": 9025099,
        "typical_volume": 9579938.6,
        "trend": 27.582333,
        "fair_value": 34.201719,
        "relative_strength": -9.954088,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 57.485651,
        "energy": 42.771816,
        "activity_lines": [
          28.684667,
          28.024727,
          28.02781,
          27.973183
        ]
      },
      {
        "date": "2026-01-02",
        "close": 29.24,
        "volume": 3406424,
        "typical_volume": 9196637.95,
        "trend": 27.739,
        "fair_value": 34.052682,
        "relative_strength": -9.888227,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 65.264904,
        "energy": 62.882354,
        "activity_lines": [
          28.990667,
          28.306,
          28.122381,
          28.080129
        ]
      },
      {
        "date": "2026-01-09",
        "close": 30.280001,
        "volume": 11816473,
        "typical_volume": 8988730.7,
        "trend": 27.930667,
        "fair_value": 33.928982,
        "relative_strength": -9.496778,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.856402,
        "energy": 76.786493,
        "activity_lines": [
          29.487334,
          28.741637,
          28.310762,
          28.244065
        ]
      },
      {
        "date": "2026-01-16",
        "close": 31.110001,
        "volume": 12873267,
        "typical_volume": 8664356.15,
        "trend": 28.131667,
        "fair_value": 33.772396,
        "relative_strength": -5.870939,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.439284,
        "energy": 86.1497,
        "activity_lines": [
          30.117334,
          29.277819,
          28.574334,
          28.449183
        ]
      },
      {
        "date": "2026-01-23",
        "close": 33.790001,
        "volume": 13557706,
        "typical_volume": 8168282.25,
        "trend": 28.382,
        "fair_value": 33.612832,
        "relative_strength": 2.048727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.759906,
        "energy": 97.543856,
        "activity_lines": [
          31.471334,
          30.23091,
          29.085096,
          28.814237
        ]
      },
      {
        "date": "2026-01-30",
        "close": 32.650002,
        "volume": 12029647,
        "typical_volume": 8156532.05,
        "trend": 28.568667,
        "fair_value": 33.4441,
        "relative_strength": -0.374221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.758374,
        "energy": 91.976374,
        "activity_lines": [
          32.102668,
          30.857455,
          29.466667,
          29.089592
        ]
      },
      {
        "date": "2026-02-06",
        "close": 32.290001,
        "volume": 14640177,
        "typical_volume": 8203766.45,
        "trend": 28.766334,
        "fair_value": 33.296877,
        "relative_strength": 0.474721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.744713,
        "energy": 87.221171,
        "activity_lines": [
          32.394668,
          31.297819,
          29.796429,
          29.329678
        ]
      },
      {
        "date": "2026-02-13",
        "close": 34.150002,
        "volume": 15794059,
        "typical_volume": 8443354.15,
        "trend": 29.009334,
        "fair_value": 33.115494,
        "relative_strength": 6.298888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.506289,
        "energy": 89.483773,
        "activity_lines": [
          33.103335,
          31.978365,
          30.287286,
          29.677011
        ]
      },
      {
        "date": "2026-02-27",
        "close": 33.98,
        "volume": 11955898,
        "typical_volume": 8843763.05,
        "trend": 29.238667,
        "fair_value": 32.946046,
        "relative_strength": 4.468179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.193598,
        "energy": 67.661229,
        "activity_lines": [
          33.497334,
          32.518546,
          30.734382,
          29.997699
        ]
      },
      {
        "date": "2026-03-06",
        "close": 31.75,
        "volume": 12960402,
        "typical_volume": 9241609.5,
        "trend": 29.390334,
        "fair_value": 32.784817,
        "relative_strength": -0.875813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.980159,
        "energy": 54.402174,
        "activity_lines": [
          32.956667,
          32.55491,
          30.946905,
          30.159721
        ]
      },
      {
        "date": "2026-03-13",
        "close": 32.360001,
        "volume": 13279582,
        "typical_volume": 9412420.9,
        "trend": 29.551334,
        "fair_value": 32.639718,
        "relative_strength": 2.279246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.472455,
        "energy": 47.429581,
        "activity_lines": [
          32.755334,
          32.645819,
          31.204191,
          30.351312
        ]
      },
      {
        "date": "2026-03-20",
        "close": 26.139999,
        "volume": 19993599,
        "typical_volume": 10084933.0,
        "trend": 29.484667,
        "fair_value": 32.488548,
        "relative_strength": -13.76086,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 2.471017,
        "energy": 13.223938,
        "activity_lines": [
          30.5,
          31.551273,
          30.843572,
          30.131226
        ]
      },
      {
        "date": "2026-03-27",
        "close": 25.66,
        "volume": 7703193,
        "typical_volume": 10108685.85,
        "trend": 29.357667,
        "fair_value": 32.358428,
        "relative_strength": -13.673891,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.406286,
        "energy": 39.688254,
        "activity_lines": [
          28.494667,
          30.425819,
          30.442905,
          29.884474
        ]
      },
      {
        "date": "2026-04-03",
        "close": 25.549999,
        "volume": 4514576,
        "typical_volume": 10038031.4,
        "trend": 29.228667,
        "fair_value": 32.246397,
        "relative_strength": -12.70201,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.097391,
        "energy": 47.342277,
        "activity_lines": [
          27.018666,
          29.364364,
          30.040572,
          29.638818
        ]
      },
      {
        "date": "2026-04-10",
        "close": 26.326052,
        "volume": 3842053,
        "typical_volume": 9957935.85,
        "trend": 29.124202,
        "fair_value": 32.143495,
        "relative_strength": -11.846006,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.424997,
        "energy": 50.184586,
        "activity_lines": [
          26.36335,
          28.5451,
          29.720196,
          29.451552
        ]
      },
      {
        "date": "2026-04-17",
        "close": 26.21759,
        "volume": 4702005,
        "typical_volume": 9962199.45,
        "trend": 29.032455,
        "fair_value": 32.039029,
        "relative_strength": -13.188146,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.156935,
        "energy": 63.738689,
        "activity_lines": [
          26.033477,
          27.841825,
          29.393795,
          29.264029
        ]
      },
      {
        "date": "2026-04-24",
        "close": 25.941511,
        "volume": 5092069,
        "typical_volume": 9995856.15,
        "trend": 28.933172,
        "fair_value": 31.946315,
        "relative_strength": -14.269432,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.21017,
        "energy": 60.012781,
        "activity_lines": [
          26.021071,
          27.205306,
          29.040112,
          29.064613
        ]
      },
      {
        "date": "2026-05-01",
        "close": 26.188011,
        "volume": 5027724,
        "typical_volume": 9931448.1,
        "trend": 28.860772,
        "fair_value": 31.861135,
        "relative_strength": -13.596209,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.765505,
        "energy": 40.122138,
        "activity_lines": [
          26.104065,
          26.729032,
          28.714469,
          28.887506
        ]
      },
      {
        "date": "2026-05-08",
        "close": 27.213446,
        "volume": 5938159,
        "typical_volume": 9796988.85,
        "trend": 28.790554,
        "fair_value": 31.798097,
        "relative_strength": -11.311549,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -57.973653,
        "energy": 42.259267,
        "activity_lines": [
          26.493669,
          26.583965,
          28.495734,
          28.781227
        ]
      },
      {
        "date": "2026-05-15",
        "close": 27.124706,
        "volume": 8800236,
        "typical_volume": 9847617.4,
        "trend": 28.729711,
        "fair_value": 31.722022,
        "relative_strength": -10.311418,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -45.307393,
        "energy": 33.654917,
        "activity_lines": [
          26.742797,
          26.545792,
          28.275008,
          28.673753
        ]
      },
      {
        "date": "2026-05-22",
        "close": 27.193726,
        "volume": 7670300,
        "typical_volume": 9779877.45,
        "trend": 28.736168,
        "fair_value": 31.624931,
        "relative_strength": -9.340088,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -41.566055,
        "energy": 28.43158,
        "activity_lines": [
          26.961688,
          26.604263,
          28.068119,
          28.574657
        ]
      },
      {
        "date": "2026-05-29",
        "close": 24.53154,
        "volume": 6756265,
        "typical_volume": 9947369.5,
        "trend": 28.642886,
        "fair_value": 31.518713,
        "relative_strength": -17.024622,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.783851,
        "energy": 42.020498,
        "activity_lines": [
          26.228108,
          26.272633,
          27.618003,
          28.30339
        ]
      },
      {
        "date": "2026-06-05",
        "close": 24.639999,
        "volume": 1304874,
        "typical_volume": 9421789.55,
        "trend": 28.54722,
        "fair_value": 31.409903,
        "relative_strength": -15.582426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.078708,
        "energy": 57.583433,
        "activity_lines": [
          25.624679,
          25.989968,
          27.200638,
          28.04514
        ]
      },
      {
        "date": "2026-06-12",
        "close": 23.01,
        "volume": 812916,
        "typical_volume": 8818772.0,
        "trend": 28.40622,
        "fair_value": 31.271665,
        "relative_strength": -20.917254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.481851,
        "energy": 80.765766,
        "activity_lines": [
          24.581118,
          25.429485,
          26.654893,
          27.6879
        ]
      },
      {
        "date": "2026-06-19",
        "close": 22.9,
        "volume": 3999150,
        "typical_volume": 8340844.2,
        "trend": 28.261886,
        "fair_value": 31.136713,
        "relative_strength": -22.084133,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.275678,
        "energy": 91.517633,
        "activity_lines": [
          23.78112,
          24.895183,
          26.137242,
          27.33266
        ]
      },
      {
        "date": "2026-06-26",
        "close": 20.469999,
        "volume": 1209262,
        "typical_volume": 7799824.95,
        "trend": 28.07722,
        "fair_value": 31.001691,
        "relative_strength": -28.804971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.119134,
        "energy": 96.372791,
        "activity_lines": [
          22.452769,
          23.981355,
          25.44002,
          26.829957
        ]
      },
      {
        "date": "2026-07-03",
        "close": 22.84,
        "volume": 1860123,
        "typical_volume": 7160822.25,
        "trend": 27.941886,
        "fair_value": 30.849289,
        "relative_strength": -20.449609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.735924,
        "energy": 87.233236,
        "activity_lines": [
          22.362666,
          23.602938,
          25.026513,
          26.492072
        ]
      },
      {
        "date": "2026-07-10",
        "close": 21.4,
        "volume": 5238602,
        "typical_volume": 6633049.4,
        "trend": 27.717553,
        "fair_value": 30.687968,
        "relative_strength": -24.078739,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.943261,
        "energy": 88.345316,
        "activity_lines": [
          21.905333,
          23.019094,
          24.520863,
          26.070015
        ]
      },
      {
        "date": "2026-07-17",
        "close": 20.59,
        "volume": 4842808,
        "typical_volume": 6277394.9,
        "trend": 27.451553,
        "fair_value": 30.528929,
        "relative_strength": -22.016396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.404283,
        "energy": 70.39754,
        "activity_lines": [
          21.394,
          22.375032,
          23.998784,
          25.610173
        ]
      },
      {
        "date": "2026-07-24",
        "close": 19.91,
        "volume": 4350290,
        "typical_volume": 5846889.3,
        "trend": 27.16022,
        "fair_value": 30.343297,
        "relative_strength": -25.092565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.460632,
        "energy": 69.844713,
        "activity_lines": [
          20.817333,
          21.72776,
          23.475705,
          25.123621
        ]
      },
      {
        "date": "2026-07-31",
        "close": 21.34,
        "volume": 3920563,
        "typical_volume": 5378938.35,
        "trend": 26.892886,
        "fair_value": 30.170568,
        "relative_strength": -19.653551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.127711,
        "energy": 63.731105,
        "activity_lines": [
          20.916667,
          21.471664,
          23.145197,
          24.748123
        ]
      },
      {
        "date": "2026-08-07",
        "close": 21.459999,
        "volume": 4909141,
        "typical_volume": 4624715.45,
        "trend": 26.633553,
        "fair_value": 30.026385,
        "relative_strength": -20.930551,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.724944,
        "energy": 59.059896,
        "activity_lines": [
          20.998,
          21.343818,
          22.878594,
          24.397614
        ]
      }
    ],
    "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."
    }
  }
}