{
  "ticker": {
    "uuid": "40bb2b30-e459-462e-a718-612096471cfa",
    "symbol": "DELG",
    "name": "Delta Galil Industries Ltd.",
    "exchange": "TLV",
    "country": "IL",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "TA35.TA",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -53.978,
    "architecture_energy": 63.11,
    "architecture_maturity": 95.0,
    "architecture_confidence": 63.786,
    "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": 21.94,
        "rotation_up": 27.96,
        "upward_expansion": 22.5,
        "deceleration": 66.92,
        "rotation_down": 47.04,
        "downward_expansion": 67.83
      },
      "activity_lines": [
        171.813333,
        170.272727,
        4472.525312,
        7547.711866
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 169.0,
    "trend_reference": 11102.416335,
    "distance_from_trend": -0.984778,
    "trend_direction": "Weakening",
    "fair_value": 15988.088709,
    "distance_from_fair_value": -0.98943,
    "fair_value_direction": "Weakening",
    "relative_strength": -98.933328,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.989982,
    "excess_performance": -1.018882,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.984778,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.350626,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.98943,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.028171,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.989333,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.746225,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.989982,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.20096,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 198554,
      "relative_activity": 1.679677,
      "balance": 0.20096,
      "dry_up": 0.804492,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 8.876039,
      "annualized_volatility": 6.298635,
      "from_high_reference": -0.991481,
      "from_low_reference": 0.067593
    },
    "levels": {
      "trend_reference": 11102.416335,
      "fair_value_reference": 15988.088709,
      "structural_low": 158.3,
      "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": 22,
        "median_return": 0.020246,
        "positive_rate": 0.681818,
        "directional_follow_through": 0.318182,
        "median_excess_return": 0.014792,
        "regime_survival": 0.772727,
        "best_return": 0.133008,
        "worst_return": -0.112455,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.01977,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.062538,
        "regime_survival": 0.5,
        "best_return": 0.247971,
        "worst_return": -0.989977,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.057,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.122402,
        "regime_survival": 0.4,
        "best_return": 0.253972,
        "worst_return": -0.989514,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.045804,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.070698,
        "regime_survival": 0.0,
        "best_return": 0.247298,
        "worst_return": -0.129966,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-13",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": 0.038691,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-22",
        "end": "2025-03-07",
        "tenure": "Established",
        "return": 0.047706,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-14",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.1714,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.023935,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": -0.013041,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-25",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": -0.0844,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-26",
        "end": "2025-10-10",
        "tenure": "New",
        "return": 0.119585,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-17",
        "end": "2025-10-31",
        "tenure": "New",
        "return": -0.001099,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-07",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": -0.007671,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-12",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": -0.028492,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-30",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": 0.046234,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-05-15",
        "tenure": "New",
        "return": -0.088369,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-22",
        "end": "2026-05-29",
        "tenure": "New",
        "return": -0.000637,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.007151,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 14696.931641,
        "volume": 185254,
        "typical_volume": 104807.55,
        "trend": 14715.869531,
        "fair_value": 14432.795247,
        "relative_strength": -2.753223,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.808835,
        "energy": 5.531088,
        "activity_lines": [
          14588.775651,
          14587.280487,
          14685.810356,
          14737.212044
        ]
      },
      {
        "date": "2023-08-25",
        "close": 15126.84082,
        "volume": 42091,
        "typical_volume": 105512.1,
        "trend": 14768.881055,
        "fair_value": 14493.760889,
        "relative_strength": -0.355716,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.846532,
        "energy": 4.457752,
        "activity_lines": [
          14782.80612,
          14672.942933,
          14716.452995,
          14763.726321
        ]
      },
      {
        "date": "2023-09-01",
        "close": 14856.898438,
        "volume": 123307,
        "typical_volume": 110033.2,
        "trend": 14791.233399,
        "fair_value": 14556.078485,
        "relative_strength": -2.326744,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.281308,
        "energy": 9.212027,
        "activity_lines": [
          14860.176693,
          14714.427859,
          14718.433068,
          14769.404862
        ]
      },
      {
        "date": "2023-09-08",
        "close": 15006.865234,
        "volume": 75907,
        "typical_volume": 109608.4,
        "trend": 14814.252409,
        "fair_value": 14616.582645,
        "relative_strength": -0.193969,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 9.522862,
        "energy": 13.836621,
        "activity_lines": [
          14940.861784,
          14781.174965,
          14734.503204,
          14783.316593
        ]
      },
      {
        "date": "2023-09-15",
        "close": 14686.935547,
        "volume": 25607,
        "typical_volume": 109292.5,
        "trend": 14812.944011,
        "fair_value": 14674.407978,
        "relative_strength": -3.134422,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.546984,
        "energy": 8.425451,
        "activity_lines": [
          14865.563151,
          14780.477433,
          14721.00632,
          14775.102602
        ]
      },
      {
        "date": "2023-09-22",
        "close": 14936.880859,
        "volume": 32474,
        "typical_volume": 105952.15,
        "trend": 14815.95778,
        "fair_value": 14737.19982,
        "relative_strength": -2.16879,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.30589,
        "energy": 9.246243,
        "activity_lines": [
          14886.225325,
          14821.765803,
          14734.358608,
          14783.098528
        ]
      },
      {
        "date": "2023-09-29",
        "close": 14756.920898,
        "volume": 23741,
        "typical_volume": 105134.1,
        "trend": 14823.637012,
        "fair_value": 14794.051147,
        "relative_strength": -2.305895,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.639022,
        "energy": 3.590679,
        "activity_lines": [
          14830.904232,
          14825.966548,
          14736.806399,
          14779.289697
        ]
      },
      {
        "date": "2023-10-06",
        "close": 14776.914063,
        "volume": 22436,
        "typical_volume": 93206.3,
        "trend": 14812.987175,
        "fair_value": 14848.569893,
        "relative_strength": -1.300921,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.762008,
        "energy": 3.915574,
        "activity_lines": [
          14806.908854,
          14833.252113,
          14748.154585,
          14776.275313
        ]
      },
      {
        "date": "2023-10-13",
        "close": 13817.114258,
        "volume": 60405,
        "typical_volume": 91359.0,
        "trend": 14788.673014,
        "fair_value": 14897.371826,
        "relative_strength": -1.341653,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -57.123104,
        "energy": 32.303871,
        "activity_lines": [
          14468.3125,
          14654.753498,
          14666.996243,
          14712.025447
        ]
      },
      {
        "date": "2023-10-20",
        "close": 13957.084961,
        "volume": 71272,
        "typical_volume": 86565.4,
        "trend": 14741.697754,
        "fair_value": 14948.346248,
        "relative_strength": 2.332935,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.107682,
        "energy": 44.024017,
        "activity_lines": [
          14255.689779,
          14509.879439,
          14601.404827,
          14658.374605
        ]
      },
      {
        "date": "2023-10-27",
        "close": 12897.306641,
        "volume": 208145,
        "typical_volume": 93789.5,
        "trend": 14697.387468,
        "fair_value": 14992.309336,
        "relative_strength": -1.571105,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -74.12858,
        "energy": 68.248699,
        "activity_lines": [
          13738.464323,
          14189.037252,
          14432.833775,
          14539.38163
        ]
      },
      {
        "date": "2023-11-03",
        "close": 13387.206055,
        "volume": 186013,
        "typical_volume": 96888.8,
        "trend": 14660.076009,
        "fair_value": 15037.5352,
        "relative_strength": -2.610668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.230451,
        "energy": 68.149373,
        "activity_lines": [
          13520.510287,
          13989.988139,
          14320.297517,
          14454.853797
        ]
      },
      {
        "date": "2023-11-10",
        "close": 13147.255859,
        "volume": 53826,
        "typical_volume": 97905.05,
        "trend": 14604.435352,
        "fair_value": 15077.172936,
        "relative_strength": -5.220754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.895775,
        "energy": 71.229808,
        "activity_lines": [
          13313.887175,
          13778.941442,
          14194.47693,
          14357.252497
        ]
      },
      {
        "date": "2023-11-17",
        "close": 14466.979492,
        "volume": 106688,
        "typical_volume": 98895.75,
        "trend": 14580.121843,
        "fair_value": 15124.559132,
        "relative_strength": 3.334022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.278285,
        "energy": 47.959439,
        "activity_lines": [
          13655.81582,
          13838.928906,
          14201.960473,
          14348.384377
        ]
      },
      {
        "date": "2023-11-24",
        "close": 14467.270508,
        "volume": 39935,
        "typical_volume": 97450.45,
        "trend": 14551.485677,
        "fair_value": 15171.806206,
        "relative_strength": -1.004313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.265895,
        "energy": 19.557781,
        "activity_lines": [
          13954.517122,
          13908.785387,
          14209.613291,
          14341.103646
        ]
      },
      {
        "date": "2023-12-01",
        "close": 14347.294922,
        "volume": 47947,
        "typical_volume": 94916.0,
        "trend": 14488.190983,
        "fair_value": 15216.733427,
        "relative_strength": -0.631811,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.645026,
        "energy": 16.315896,
        "activity_lines": [
          14179.214193,
          13960.822035,
          14205.980036,
          14327.930049
        ]
      },
      {
        "date": "2023-12-08",
        "close": 15457.083984,
        "volume": 70808,
        "typical_volume": 92939.45,
        "trend": 14462.555762,
        "fair_value": 15266.057608,
        "relative_strength": 5.160257,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 18.695516,
        "energy": 23.888138,
        "activity_lines": [
          14677.175065,
          14225.358256,
          14309.704627,
          14390.439275
        ]
      },
      {
        "date": "2023-12-15",
        "close": 16186.946289,
        "volume": 64690,
        "typical_volume": 92876.45,
        "trend": 14517.236003,
        "fair_value": 15317.79829,
        "relative_strength": 8.646154,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.863388,
        "energy": 40.469577,
        "activity_lines": [
          15280.43151,
          14609.866477,
          14479.461677,
          14501.690276
        ]
      },
      {
        "date": "2023-12-22",
        "close": 16426.90625,
        "volume": 45177,
        "typical_volume": 88871.95,
        "trend": 14588.574382,
        "fair_value": 15370.801633,
        "relative_strength": 8.419743,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.873819,
        "energy": 74.270635,
        "activity_lines": [
          15761.028581,
          15012.366832,
          14662.404608,
          14624.894809
        ]
      },
      {
        "date": "2023-12-29",
        "close": 16146.955078,
        "volume": 66839,
        "typical_volume": 77628.1,
        "trend": 14675.908626,
        "fair_value": 15422.17062,
        "relative_strength": 6.280102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.302483,
        "energy": 74.770078,
        "activity_lines": [
          16017.64681,
          15316.516211,
          14808.399102,
          14725.435499
        ]
      },
      {
        "date": "2024-01-05",
        "close": 17066.777344,
        "volume": 70912,
        "typical_volume": 71911.0,
        "trend": 14749.247038,
        "fair_value": 15482.351628,
        "relative_strength": 10.565805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.3989,
        "energy": 81.91553,
        "activity_lines": [
          16468.89349,
          15748.090181,
          15035.946508,
          14879.685093
        ]
      },
      {
        "date": "2024-01-12",
        "close": 16536.884766,
        "volume": 44550,
        "typical_volume": 72033.95,
        "trend": 14787.259831,
        "fair_value": 15537.303144,
        "relative_strength": 7.622643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.158065,
        "energy": 75.304776,
        "activity_lines": [
          16562.210482,
          16007.511488,
          15201.742973,
          14995.01656
        ]
      },
      {
        "date": "2024-01-19",
        "close": 16496.886719,
        "volume": 59585,
        "typical_volume": 68847.85,
        "trend": 14845.601042,
        "fair_value": 15593.068435,
        "relative_strength": 8.346882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.829598,
        "energy": 66.206116,
        "activity_lines": [
          16570.208073,
          16202.393537,
          15357.015606,
          15105.315069
        ]
      },
      {
        "date": "2024-01-26",
        "close": 16096.963867,
        "volume": 75019,
        "typical_volume": 68803.45,
        "trend": 14898.942936,
        "fair_value": 15646.584116,
        "relative_strength": 6.144657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.035551,
        "energy": 50.27351,
        "activity_lines": [
          16424.235352,
          16263.659961,
          15466.390881,
          15186.048154
        ]
      },
      {
        "date": "2024-02-02",
        "close": 16706.847656,
        "volume": 105852,
        "typical_volume": 72815.7,
        "trend": 14972.61429,
        "fair_value": 15701.183296,
        "relative_strength": 10.367439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.218766,
        "energy": 45.535843,
        "activity_lines": [
          16503.553385,
          16406.178267,
          15628.65938,
          15302.687168
        ]
      },
      {
        "date": "2024-02-09",
        "close": 16856.818359,
        "volume": 75071,
        "typical_volume": 74945.55,
        "trend": 15044.619531,
        "fair_value": 15755.737734,
        "relative_strength": 10.226905,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.48165,
        "energy": 45.439488,
        "activity_lines": [
          16595.535482,
          16535.244389,
          15795.592174,
          15424.248721
        ]
      },
      {
        "date": "2024-02-16",
        "close": 16646.857422,
        "volume": 63977,
        "typical_volume": 76957.35,
        "trend": 15108.626302,
        "fair_value": 15809.234629,
        "relative_strength": 6.877544,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.762382,
        "energy": 42.368973,
        "activity_lines": [
          16631.527864,
          16580.508097,
          15933.386128,
          15527.618908
        ]
      },
      {
        "date": "2024-02-23",
        "close": 18096.585938,
        "volume": 76441,
        "typical_volume": 79657.6,
        "trend": 15239.953093,
        "fair_value": 15872.441203,
        "relative_strength": 12.75796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.288951,
        "energy": 68.689591,
        "activity_lines": [
          17143.431576,
          16867.726563,
          16200.249768,
          15720.390497
        ]
      },
      {
        "date": "2024-03-01",
        "close": 16846.822266,
        "volume": 203197,
        "typical_volume": 86797.2,
        "trend": 15325.955241,
        "fair_value": 15923.464728,
        "relative_strength": 3.140579,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.990421,
        "energy": 47.320756,
        "activity_lines": [
          17132.100781,
          16892.994549,
          16332.280334,
          15824.059476
        ]
      },
      {
        "date": "2024-03-08",
        "close": 16217.283203,
        "volume": 61722,
        "typical_volume": 86319.7,
        "trend": 15370.643978,
        "fair_value": 15968.47902,
        "relative_strength": -0.316565,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.478589,
        "energy": 39.198317,
        "activity_lines": [
          16860.933073,
          16796.166051,
          16389.927618,
          15881.564506
        ]
      },
      {
        "date": "2024-03-15",
        "close": 15987.323242,
        "volume": 101919,
        "typical_volume": 81008.4,
        "trend": 15413.657031,
        "fair_value": 16017.959601,
        "relative_strength": 1.140396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.309175,
        "energy": 27.525344,
        "activity_lines": [
          16545.749675,
          16656.247958,
          16414.911105,
          15921.350265
        ]
      },
      {
        "date": "2024-03-22",
        "close": 16217.283203,
        "volume": 101900,
        "typical_volume": 76802.75,
        "trend": 15450.005111,
        "fair_value": 16069.144998,
        "relative_strength": -2.244982,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.224713,
        "energy": 21.075526,
        "activity_lines": [
          16365.185937,
          16577.767205,
          16447.081176,
          15973.197114
        ]
      },
      {
        "date": "2024-03-29",
        "close": 16177.291016,
        "volume": 65782,
        "typical_volume": 77400.55,
        "trend": 15494.018197,
        "fair_value": 16119.202508,
        "relative_strength": -3.204999,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.718281,
        "energy": 21.084931,
        "activity_lines": [
          16199.929753,
          16497.826083,
          16461.965909,
          16020.118786
        ]
      },
      {
        "date": "2024-04-05",
        "close": 15467.40918,
        "volume": 61568,
        "typical_volume": 75144.55,
        "trend": 15509.369662,
        "fair_value": 16167.010041,
        "relative_strength": -5.019141,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.089919,
        "energy": 13.423348,
        "activity_lines": [
          15925.999284,
          16294.626367,
          16394.814109,
          16018.402075
        ]
      },
      {
        "date": "2024-04-12",
        "close": 16417.251953,
        "volume": 55813,
        "typical_volume": 75938.45,
        "trend": 15567.046875,
        "fair_value": 16217.964938,
        "relative_strength": 1.445103,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.275249,
        "energy": 13.152169,
        "activity_lines": [
          16060.643945,
          16275.571786,
          16413.359575,
          16076.975126
        ]
      },
      {
        "date": "2024-04-19",
        "close": 16497.234375,
        "volume": 30325,
        "typical_volume": 75057.35,
        "trend": 15619.058659,
        "fair_value": 16266.503988,
        "relative_strength": 3.096041,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.097612,
        "energy": 11.347974,
        "activity_lines": [
          16208.618164,
          16276.32484,
          16430.236789,
          16136.987223
        ]
      },
      {
        "date": "2024-04-26",
        "close": 16147.295898,
        "volume": 14860,
        "typical_volume": 72259.95,
        "trend": 15665.404492,
        "fair_value": 16312.947253,
        "relative_strength": 0.34745,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.547866,
        "energy": 8.692742,
        "activity_lines": [
          16205.952148,
          16219.990607,
          16403.548721,
          16171.067045
        ]
      },
      {
        "date": "2024-05-03",
        "close": 16787.1875,
        "volume": 102313,
        "typical_volume": 74141.1,
        "trend": 15732.413607,
        "fair_value": 16359.468043,
        "relative_strength": 3.639348,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.221321,
        "energy": 20.748706,
        "activity_lines": [
          16421.249154,
          16289.083239,
          16434.515988,
          16243.440142
        ]
      },
      {
        "date": "2024-05-10",
        "close": 16997.154297,
        "volume": 60597,
        "typical_volume": 74912.1,
        "trend": 15838.414941,
        "fair_value": 16395.178417,
        "relative_strength": 1.702174,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 43.392311,
        "energy": 25.727999,
        "activity_lines": [
          16665.875325,
          16420.158896,
          16482.621801,
          16325.036316
        ]
      },
      {
        "date": "2024-05-17",
        "close": 16037.31543,
        "volume": 14786,
        "typical_volume": 72309.45,
        "trend": 15907.755957,
        "fair_value": 16418.071421,
        "relative_strength": -3.051555,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 25.43392,
        "energy": 14.59814,
        "activity_lines": [
          16488.572201,
          16373.985085,
          16436.598921,
          16337.868605
        ]
      },
      {
        "date": "2024-05-24",
        "close": 16337.264648,
        "volume": 61572,
        "typical_volume": 71842.45,
        "trend": 16022.421224,
        "fair_value": 16450.000275,
        "relative_strength": -0.589277,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.943061,
        "energy": 15.623168,
        "activity_lines": [
          16436.58125,
          16385.619638,
          16419.664727,
          16365.578843
        ]
      },
      {
        "date": "2024-05-31",
        "close": 16557.541016,
        "volume": 66359,
        "typical_volume": 72932.9,
        "trend": 16128.099056,
        "fair_value": 16482.379945,
        "relative_strength": -0.932058,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.763337,
        "energy": 18.000526,
        "activity_lines": [
          16468.680404,
          16430.941868,
          16427.183106,
          16400.102701
        ]
      },
      {
        "date": "2024-06-07",
        "close": 15897.640625,
        "volume": 97453,
        "typical_volume": 74826.3,
        "trend": 16219.778548,
        "fair_value": 16508.222519,
        "relative_strength": -3.18422,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.576322,
        "energy": 7.625864,
        "activity_lines": [
          16253.463086,
          16350.095703,
          16371.755464,
          16385.234415
        ]
      },
      {
        "date": "2024-06-14",
        "close": 16027.621094,
        "volume": 34143,
        "typical_volume": 72782.5,
        "trend": 16271.799935,
        "fair_value": 16534.962396,
        "relative_strength": -3.384218,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.790958,
        "energy": 18.912584,
        "activity_lines": [
          16140.875716,
          16297.966903,
          16331.560468,
          16372.83716
        ]
      },
      {
        "date": "2024-06-21",
        "close": 15997.625977,
        "volume": 82724,
        "typical_volume": 71626.1,
        "trend": 16322.811784,
        "fair_value": 16552.282183,
        "relative_strength": -2.595849,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.624428,
        "energy": 25.37699,
        "activity_lines": [
          16082.925521,
          16230.198775,
          16288.838997,
          16355.148517
        ]
      },
      {
        "date": "2024-06-28",
        "close": 15877.644531,
        "volume": 41190,
        "typical_volume": 69932.05,
        "trend": 16373.823438,
        "fair_value": 16569.409593,
        "relative_strength": -3.650994,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.767425,
        "energy": 41.99926,
        "activity_lines": [
          15987.627474,
          16148.245401,
          16238.067969,
          16326.428049
        ]
      },
      {
        "date": "2024-07-05",
        "close": 16297.581055,
        "volume": 87694,
        "typical_volume": 71117.9,
        "trend": 16401.840007,
        "fair_value": 16590.830948,
        "relative_strength": -3.078491,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.155853,
        "energy": 30.8137,
        "activity_lines": [
          16062.94961,
          16153.909393,
          16231.953627,
          16321.509186
        ]
      },
      {
        "date": "2024-07-12",
        "close": 16617.533203,
        "volume": 43298,
        "typical_volume": 69460.75,
        "trend": 16416.192904,
        "fair_value": 16611.996325,
        "relative_strength": -3.655926,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -24.246392,
        "energy": 10.522304,
        "activity_lines": [
          16262.253125,
          16215.014045,
          16257.97414,
          16335.424876
        ]
      },
      {
        "date": "2024-07-19",
        "close": 16967.478516,
        "volume": 33254,
        "typical_volume": 60963.6,
        "trend": 16434.211979,
        "fair_value": 16637.13516,
        "relative_strength": -0.50453,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 16.595073,
        "energy": 14.139913,
        "activity_lines": [
          16530.21224,
          16342.829741,
          16324.365886,
          16370.99169
        ]
      },
      {
        "date": "2024-07-26",
        "close": 17787.363281,
        "volume": 48011,
        "typical_volume": 60278.05,
        "trend": 16488.892253,
        "fair_value": 16663.172088,
        "relative_strength": 3.935004,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 45.015285,
        "energy": 49.168651,
        "activity_lines": [
          17008.809115,
          16620.254954,
          16468.267341,
          16458.291774
        ]
      },
      {
        "date": "2024-08-02",
        "close": 16797.505859,
        "volume": 83263,
        "typical_volume": 59345.25,
        "trend": 16479.916537,
        "fair_value": 16678.249875,
        "relative_strength": 1.083728,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.150543,
        "energy": 43.162858,
        "activity_lines": [
          17038.137695,
          16685.887038,
          16510.420089,
          16478.202329
        ]
      },
      {
        "date": "2024-08-09",
        "close": 16737.515625,
        "volume": 44370,
        "typical_volume": 56468.75,
        "trend": 16486.604232,
        "fair_value": 16681.728747,
        "relative_strength": -0.509459,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 52.664058,
        "energy": 50.297471,
        "activity_lines": [
          16986.145443,
          16732.243785,
          16543.00147,
          16494.821625
        ]
      },
      {
        "date": "2024-08-16",
        "close": 17787.363281,
        "volume": 40934,
        "typical_volume": 55226.35,
        "trend": 16529.620117,
        "fair_value": 16696.870437,
        "relative_strength": 3.054216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.910067,
        "energy": 59.099518,
        "activity_lines": [
          17254.773437,
          16966.209659,
          16673.091044,
          16578.741564
        ]
      },
      {
        "date": "2024-08-23",
        "close": 15997.625977,
        "volume": 66688,
        "typical_volume": 55482.35,
        "trend": 16526.308854,
        "fair_value": 16695.861416,
        "relative_strength": -7.048025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.083426,
        "energy": 15.996225,
        "activity_lines": [
          16848.833659,
          16840.410156,
          16625.062435,
          16544.419361
        ]
      },
      {
        "date": "2024-08-30",
        "close": 16477.861328,
        "volume": 71977,
        "typical_volume": 56290.55,
        "trend": 16518.675977,
        "fair_value": 16695.495656,
        "relative_strength": -6.135646,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.870332,
        "energy": 12.484931,
        "activity_lines": [
          16667.629167,
          16802.471538,
          16620.245685,
          16541.293714
        ]
      },
      {
        "date": "2024-09-06",
        "close": 16517.855469,
        "volume": 55558,
        "typical_volume": 57552.2,
        "trend": 16507.377214,
        "fair_value": 16692.182154,
        "relative_strength": -4.89372,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.575514,
        "energy": 12.27371,
        "activity_lines": [
          16587.056185,
          16763.073029,
          16618.949284,
          16541.240778
        ]
      },
      {
        "date": "2024-09-13",
        "close": 16797.818359,
        "volume": 54750,
        "typical_volume": 59546.7,
        "trend": 16512.409245,
        "fair_value": 16691.240009,
        "relative_strength": -2.507742,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.991072,
        "energy": 16.644659,
        "activity_lines": [
          16618.447526,
          16762.936665,
          16644.21782,
          16559.978917
        ]
      },
      {
        "date": "2024-09-20",
        "close": 16307.880859,
        "volume": 56710,
        "typical_volume": 57266.55,
        "trend": 16452.785742,
        "fair_value": 16689.78463,
        "relative_strength": -2.294651,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.222672,
        "energy": 11.864827,
        "activity_lines": [
          16482.506185,
          16664.625533,
          16619.727916,
          16546.783537
        ]
      },
      {
        "date": "2024-09-27",
        "close": 16807.818359,
        "volume": 94155,
        "typical_volume": 58944.45,
        "trend": 16451.485612,
        "fair_value": 16694.353647,
        "relative_strength": -4.413339,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.652772,
        "energy": 11.464995,
        "activity_lines": [
          16611.842838,
          16662.84217,
          16645.133519,
          16569.688867
        ]
      },
      {
        "date": "2024-10-04",
        "close": 16617.841797,
        "volume": 62447,
        "typical_volume": 61327.5,
        "trend": 16464.837565,
        "fair_value": 16698.858355,
        "relative_strength": -5.361738,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.754513,
        "energy": 6.648744,
        "activity_lines": [
          16623.841146,
          16629.420525,
          16653.347717,
          16580.421524
        ]
      },
      {
        "date": "2024-10-11",
        "close": 16207.894531,
        "volume": 46454,
        "typical_volume": 60571.6,
        "trend": 16472.189941,
        "fair_value": 16701.055614,
        "relative_strength": -7.631107,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.856543,
        "energy": 6.422467,
        "activity_lines": [
          16489.858333,
          16542.727042,
          16619.754906,
          16563.844554
        ]
      },
      {
        "date": "2024-10-18",
        "close": 16247.889648,
        "volume": 25713,
        "typical_volume": 58539.3,
        "trend": 16473.210156,
        "fair_value": 16698.062206,
        "relative_strength": -9.1401,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.038752,
        "energy": 7.43581,
        "activity_lines": [
          16389.871289,
          16474.025603,
          16590.587202,
          16549.373568
        ]
      },
      {
        "date": "2024-10-25",
        "close": 16597.845703,
        "volume": 32169,
        "typical_volume": 55275.1,
        "trend": 16487.228646,
        "fair_value": 16700.708502,
        "relative_strength": -7.89223,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.829296,
        "energy": 8.791962,
        "activity_lines": [
          16443.198177,
          16477.854829,
          16596.223177,
          16557.414571
        ]
      },
      {
        "date": "2024-11-01",
        "close": 16697.832031,
        "volume": 114513,
        "typical_volume": 59293.6,
        "trend": 16528.242741,
        "fair_value": 16693.742469,
        "relative_strength": -9.303847,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.170453,
        "energy": 4.914288,
        "activity_lines": [
          16510.522851,
          16521.49098,
          16608.047349,
          16571.001886
        ]
      },
      {
        "date": "2024-11-08",
        "close": 16597.845703,
        "volume": 112426,
        "typical_volume": 60778.7,
        "trend": 16534.262533,
        "fair_value": 16685.236622,
        "relative_strength": -10.843326,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 8.248916,
        "energy": 4.033958,
        "activity_lines": [
          16551.851172,
          16534.216779,
          16607.157533,
          16575.4924
        ]
      },
      {
        "date": "2024-11-15",
        "close": 17447.734375,
        "volume": 241703,
        "typical_volume": 70804.35,
        "trend": 16565.945866,
        "fair_value": 16673.719683,
        "relative_strength": -7.681767,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 58.43897,
        "energy": 34.543315,
        "activity_lines": [
          16877.808789,
          16699.286257,
          16684.351307,
          16634.426067
        ]
      },
      {
        "date": "2024-11-22",
        "close": 18877.546875,
        "volume": 316622,
        "typical_volume": 82250.75,
        "trend": 16656.954232,
        "fair_value": 16668.164019,
        "relative_strength": 0.195127,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.992106,
        "energy": 73.788591,
        "activity_lines": [
          17597.714583,
          17107.414755,
          16890.241081,
          16783.561616
        ]
      },
      {
        "date": "2024-11-29",
        "close": 19347.794922,
        "volume": 334746,
        "typical_volume": 96823.15,
        "trend": 16742.307812,
        "fair_value": 16668.891044,
        "relative_strength": 2.509016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.904315,
        "energy": 87.526938,
        "activity_lines": [
          18299.059245,
          17563.229652,
          17128.630831,
          16957.164241
        ]
      },
      {
        "date": "2024-12-06",
        "close": 19887.734375,
        "volume": 141819,
        "typical_volume": 102251.4,
        "trend": 16838.660482,
        "fair_value": 16670.772217,
        "relative_strength": 2.591107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.750404,
        "energy": 94.752144,
        "activity_lines": [
          18997.053776,
          18061.944194,
          17405.442141,
          17160.094987
        ]
      },
      {
        "date": "2024-12-13",
        "close": 21107.595703,
        "volume": 171587,
        "typical_volume": 108430.2,
        "trend": 17007.669824,
        "fair_value": 16676.627949,
        "relative_strength": 8.35038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.538282,
        "energy": 96.977479,
        "activity_lines": [
          19889.008594,
          18726.453231,
          17784.524739,
          17435.510162
        ]
      },
      {
        "date": "2024-12-20",
        "close": 20517.660156,
        "volume": 207846,
        "typical_volume": 114659.35,
        "trend": 17147.016341,
        "fair_value": 16673.959855,
        "relative_strength": 3.940732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.652618,
        "energy": 90.919417,
        "activity_lines": [
          20283.668229,
          19202.069371,
          18091.61237,
          17661.961152
        ]
      },
      {
        "date": "2024-12-27",
        "close": 19897.728516,
        "volume": 39701,
        "typical_volume": 114425.9,
        "trend": 17258.355924,
        "fair_value": 16664.369998,
        "relative_strength": 0.228976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.063433,
        "energy": 87.463505,
        "activity_lines": [
          20267.022266,
          19486.611293,
          18321.943871,
          17839.426453
        ]
      },
      {
        "date": "2025-01-03",
        "close": 20537.658203,
        "volume": 56158,
        "typical_volume": 115187.1,
        "trend": 17413.023177,
        "fair_value": 16658.177327,
        "relative_strength": 2.111878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.179156,
        "energy": 76.973224,
        "activity_lines": [
          20395.674089,
          19821.143359,
          18598.172424,
          18050.994342
        ]
      },
      {
        "date": "2025-01-10",
        "close": 20297.683594,
        "volume": 73739,
        "typical_volume": 115539.65,
        "trend": 17555.358594,
        "fair_value": 16647.178091,
        "relative_strength": -0.424673,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.786496,
        "energy": 62.420987,
        "activity_lines": [
          20365.010156,
          20040.410724,
          18838.449609,
          18237.101466
        ]
      },
      {
        "date": "2025-01-17",
        "close": 20797.632813,
        "volume": 72806,
        "typical_volume": 115581.1,
        "trend": 17715.358822,
        "fair_value": 16639.191375,
        "relative_strength": -0.84096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.038504,
        "energy": 60.393647,
        "activity_lines": [
          20473.666016,
          20285.126101,
          19105.864541,
          18446.280448
        ]
      },
      {
        "date": "2025-01-24",
        "close": 20017.716797,
        "volume": 48787,
        "typical_volume": 115242.55,
        "trend": 17853.36123,
        "fair_value": 16640.367757,
        "relative_strength": -4.076904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.608358,
        "energy": 51.337442,
        "activity_lines": [
          20343.014063,
          20311.6788,
          19278.431417,
          18594.819672
        ]
      },
      {
        "date": "2025-01-31",
        "close": 20307.683594,
        "volume": 51753,
        "typical_volume": 115092.7,
        "trend": 17987.031315,
        "fair_value": 16644.620449,
        "relative_strength": 0.265027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.133063,
        "energy": 41.846486,
        "activity_lines": [
          20342.347266,
          20344.225781,
          19461.948172,
          18753.16305
        ]
      },
      {
        "date": "2025-02-07",
        "close": 20497.664063,
        "volume": 119689,
        "typical_volume": 118241.65,
        "trend": 18116.36901,
        "fair_value": 16647.143123,
        "relative_strength": -0.960353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.30816,
        "energy": 39.644798,
        "activity_lines": [
          20377.676953,
          20385.312181,
          19646.844662,
          18915.139357
        ]
      },
      {
        "date": "2025-02-14",
        "close": 20647.646484,
        "volume": 868366,
        "typical_volume": 156952.2,
        "trend": 18239.041276,
        "fair_value": 16635.375294,
        "relative_strength": 0.275721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.52241,
        "energy": 38.943755,
        "activity_lines": [
          20465.667057,
          20432.761399,
          19826.073842,
          19078.447581
        ]
      },
      {
        "date": "2025-02-21",
        "close": 20358.060547,
        "volume": 164181,
        "typical_volume": 162038.9,
        "trend": 18324.731185,
        "fair_value": 16626.170467,
        "relative_strength": -1.418563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.304202,
        "energy": 36.871365,
        "activity_lines": [
          20433.797656,
          20413.742046,
          19959.438514,
          19215.158501
        ]
      },
      {
        "date": "2025-02-28",
        "close": 20208.076172,
        "volume": 56777,
        "typical_volume": 162555.05,
        "trend": 18438.416862,
        "fair_value": 16614.658435,
        "relative_strength": -0.253656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.165618,
        "energy": 33.330702,
        "activity_lines": [
          20381.238281,
          20381.080717,
          20060.708394,
          19336.66463
        ]
      },
      {
        "date": "2025-03-07",
        "close": 19778.117188,
        "volume": 104833,
        "typical_volume": 166511.05,
        "trend": 18539.770247,
        "fair_value": 16606.286064,
        "relative_strength": -2.195141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.987837,
        "energy": 23.523777,
        "activity_lines": [
          20172.66862,
          20275.873828,
          20101.981315,
          19423.096909
        ]
      },
      {
        "date": "2025-03-14",
        "close": 19718.121094,
        "volume": 56062,
        "typical_volume": 167705.7,
        "trend": 18604.128841,
        "fair_value": 16592.017772,
        "relative_strength": -4.053541,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.501264,
        "energy": 17.046377,
        "activity_lines": [
          19979.404688,
          20161.93331,
          20120.729716,
          19499.119544
        ]
      },
      {
        "date": "2025-03-21",
        "close": 18608.228516,
        "volume": 117843,
        "typical_volume": 167872.2,
        "trend": 18691.148926,
        "fair_value": 16571.403815,
        "relative_strength": -8.960134,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.954301,
        "energy": 12.546557,
        "activity_lines": [
          19468.146094,
          19861.094816,
          20018.915607,
          19499.384039
        ]
      },
      {
        "date": "2025-03-28",
        "close": 18068.279297,
        "volume": 61340,
        "typical_volume": 165317.9,
        "trend": 18744.162858,
        "fair_value": 16547.136362,
        "relative_strength": -9.98804,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -12.738609,
        "energy": 24.864804,
        "activity_lines": [
          18912.865625,
          19492.801101,
          19856.580636,
          19459.198902
        ]
      },
      {
        "date": "2025-04-04",
        "close": 16338.444336,
        "volume": 231025,
        "typical_volume": 164784.0,
        "trend": 18738.182487,
        "fair_value": 16512.805589,
        "relative_strength": -17.930273,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -47.018782,
        "energy": 63.118577,
        "activity_lines": [
          17933.625586,
          18859.616548,
          19522.497415,
          19303.991255
        ]
      },
      {
        "date": "2025-04-11",
        "close": 17128.367188,
        "volume": 99930,
        "typical_volume": 153949.4,
        "trend": 18749.200781,
        "fair_value": 16482.833521,
        "relative_strength": -12.575131,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.412818,
        "energy": 63.059716,
        "activity_lines": [
          17475.66862,
          18436.950196,
          19268.927274,
          19200.132204
        ]
      },
      {
        "date": "2025-04-18",
        "close": 18258.259766,
        "volume": 31789,
        "typical_volume": 138801.55,
        "trend": 18814.213412,
        "fair_value": 16455.105707,
        "relative_strength": -9.257253,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.132389,
        "energy": 60.083762,
        "activity_lines": [
          17570.992513,
          18277.52461,
          19131.295378,
          19168.45859
        ]
      },
      {
        "date": "2025-04-25",
        "close": 17788.306641,
        "volume": 234642,
        "typical_volume": 143442.7,
        "trend": 18846.896354,
        "fair_value": 16425.583008,
        "relative_strength": -11.898534,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.105798,
        "energy": 50.939651,
        "activity_lines": [
          17606.989453,
          18073.369443,
          18954.094304,
          19102.271056
        ]
      },
      {
        "date": "2025-05-02",
        "close": 17148.367188,
        "volume": 114381,
        "typical_volume": 140582.4,
        "trend": 18864.580534,
        "fair_value": 16401.442683,
        "relative_strength": -15.066196,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.266328,
        "energy": 36.605003,
        "activity_lines": [
          17484.334701,
          17804.849645,
          18725.94389,
          18992.688529
        ]
      },
      {
        "date": "2025-05-09",
        "close": 17538.328125,
        "volume": 227705,
        "typical_volume": 141575.35,
        "trend": 18908.92832,
        "fair_value": 16392.106445,
        "relative_strength": -16.663081,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -57.202345,
        "energy": 38.254489,
        "activity_lines": [
          17552.994401,
          17665.589897,
          18553.786082,
          18907.123858
        ]
      },
      {
        "date": "2025-05-16",
        "close": 18378.248047,
        "volume": 81092,
        "typical_volume": 143644.9,
        "trend": 18979.940267,
        "fair_value": 16388.154309,
        "relative_strength": -12.21922,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.496965,
        "energy": 30.586151,
        "activity_lines": [
          17821.635156,
          17727.583736,
          18475.807943,
          18872.886421
        ]
      },
      {
        "date": "2025-05-23",
        "close": 16798.398438,
        "volume": 60267,
        "typical_volume": 143850.35,
        "trend": 18986.625358,
        "fair_value": 16374.138985,
        "relative_strength": -18.302082,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.314368,
        "energy": 40.607614,
        "activity_lines": [
          17480.333985,
          17527.784358,
          18254.603558,
          18732.141787
        ]
      },
      {
        "date": "2025-05-30",
        "close": 17778.613281,
        "volume": 115045,
        "typical_volume": 145915.65,
        "trend": 19022.6514,
        "fair_value": 16368.265575,
        "relative_strength": -16.642085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.962604,
        "energy": 27.846527,
        "activity_lines": [
          17563.095182,
          17559.291726,
          18144.558966,
          18654.205524
        ]
      },
      {
        "date": "2025-06-06",
        "close": 17178.660156,
        "volume": 62177,
        "typical_volume": 145384.2,
        "trend": 19042.011882,
        "fair_value": 16359.507612,
        "relative_strength": -20.081911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.576875,
        "energy": 33.266818,
        "activity_lines": [
          17446.518229,
          17496.800622,
          17989.371554,
          18535.238347
        ]
      },
      {
        "date": "2025-06-13",
        "close": 16548.708984,
        "volume": 73754,
        "typical_volume": 146632.55,
        "trend": 19012.044369,
        "fair_value": 16362.15595,
        "relative_strength": -21.476003,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.095681,
        "energy": 41.706589,
        "activity_lines": [
          17117.938021,
          17335.947834,
          17791.421996,
          18374.380095
        ]
      },
      {
        "date": "2025-06-20",
        "close": 16898.681641,
        "volume": 103322,
        "typical_volume": 149211.0,
        "trend": 18946.082194,
        "fair_value": 16362.625826,
        "relative_strength": -23.376079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.355394,
        "energy": 37.438598,
        "activity_lines": [
          16971.989974,
          17234.903445,
          17643.322252,
          18238.034113
        ]
      },
      {
        "date": "2025-06-27",
        "close": 17268.654297,
        "volume": 82735,
        "typical_volume": 147363.3,
        "trend": 18876.777507,
        "fair_value": 16363.480707,
        "relative_strength": -23.199852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.362369,
        "energy": 36.120532,
        "activity_lines": [
          17048.003906,
          17205.302912,
          17546.691341,
          18129.812958
        ]
      },
      {
        "date": "2025-07-04",
        "close": 18298.574219,
        "volume": 126744,
        "typical_volume": 110282.2,
        "trend": 18823.805501,
        "fair_value": 16366.579865,
        "relative_strength": -21.527016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.995328,
        "energy": 22.125867,
        "activity_lines": [
          17435.974089,
          17380.953374,
          17563.524279,
          18092.50952
        ]
      },
      {
        "date": "2025-07-11",
        "close": 18658.542969,
        "volume": 119871,
        "typical_volume": 108066.7,
        "trend": 18742.17041,
        "fair_value": 16379.74076,
        "relative_strength": -20.342302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.537202,
        "energy": 12.899858,
        "activity_lines": [
          17909.269792,
          17612.775107,
          17625.826014,
          18081.847421
        ]
      },
      {
        "date": "2025-07-18",
        "close": 18138.583984,
        "volume": 109806,
        "typical_volume": 110718.15,
        "trend": 18662.867871,
        "fair_value": 16381.878431,
        "relative_strength": -20.864252,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.148333,
        "energy": 15.377223,
        "activity_lines": [
          18110.586979,
          17722.601101,
          17646.700786,
          18042.906361
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18478.558594,
        "volume": 263298,
        "typical_volume": 118641.4,
        "trend": 18615.562207,
        "fair_value": 16394.654622,
        "relative_strength": -19.579987,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.374177,
        "energy": 16.232086,
        "activity_lines": [
          18319.23737,
          17883.326918,
          17709.808817,
          18031.01544
        ]
      },
      {
        "date": "2025-08-01",
        "close": 18048.59375,
        "volume": 67329,
        "typical_volume": 119204.75,
        "trend": 18532.593392,
        "fair_value": 16403.777431,
        "relative_strength": -20.42407,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.946481,
        "energy": 14.139764,
        "activity_lines": [
          18279.241016,
          17964.05348,
          17738.15619,
          17994.43683
        ]
      },
      {
        "date": "2025-08-08",
        "close": 17098.667969,
        "volume": 230262,
        "typical_volume": 124825.7,
        "trend": 18425.959538,
        "fair_value": 16406.554663,
        "relative_strength": -22.078365,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.510252,
        "energy": 10.195137,
        "activity_lines": [
          17870.606771,
          17849.33544,
          17683.98457,
          17901.925513
        ]
      },
      {
        "date": "2025-08-15",
        "close": 17728.619141,
        "volume": 71926,
        "typical_volume": 125355.0,
        "trend": 18323.659082,
        "fair_value": 16396.836088,
        "relative_strength": -19.509512,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.92703,
        "energy": 11.99612,
        "activity_lines": [
          17751.95,
          17861.516619,
          17696.996684,
          17856.93581
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18058.591797,
        "volume": 73802,
        "typical_volume": 117493.85,
        "trend": 18258.354916,
        "fair_value": 16395.705316,
        "relative_strength": -18.497549,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.417509,
        "energy": 13.116421,
        "activity_lines": [
          17805.279037,
          17923.693573,
          17743.052195,
          17839.834694
        ]
      },
      {
        "date": "2025-08-29",
        "close": 17468.939453,
        "volume": 99218,
        "typical_volume": 117458.25,
        "trend": 18163.730111,
        "fair_value": 16394.255334,
        "relative_strength": -22.601996,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.562866,
        "energy": 18.741438,
        "activity_lines": [
          17667.390104,
          17851.208594,
          17724.759161,
          17788.904665
        ]
      },
      {
        "date": "2025-09-05",
        "close": 16868.974609,
        "volume": 125471,
        "typical_volume": 122142.35,
        "trend": 18042.773796,
        "fair_value": 16394.086213,
        "relative_strength": -24.16909,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.349099,
        "energy": 26.423518,
        "activity_lines": [
          17396.820833,
          17659.270774,
          17647.704846,
          17705.372052
        ]
      },
      {
        "date": "2025-09-12",
        "close": 17288.951172,
        "volume": 49166,
        "typical_volume": 112868.55,
        "trend": 17930.817285,
        "fair_value": 16397.250075,
        "relative_strength": -22.904026,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.755999,
        "energy": 29.86524,
        "activity_lines": [
          17344.885026,
          17550.959233,
          17617.263942,
          17656.738334
        ]
      },
      {
        "date": "2025-09-19",
        "close": 16918.972656,
        "volume": 66494,
        "typical_volume": 110474.2,
        "trend": 17816.181022,
        "fair_value": 16398.683131,
        "relative_strength": -22.244845,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.793825,
        "energy": 40.325348,
        "activity_lines": [
          17156.9375,
          17393.735653,
          17553.964872,
          17591.458035
        ]
      },
      {
        "date": "2025-09-26",
        "close": 16389.001953,
        "volume": 18675,
        "typical_volume": 100022.7,
        "trend": 17688.878548,
        "fair_value": 16398.449206,
        "relative_strength": -24.473948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.200184,
        "energy": 53.785689,
        "activity_lines": [
          16846.309505,
          17171.782315,
          17441.284756,
          17499.381966
        ]
      },
      {
        "date": "2025-10-03",
        "close": 17408.943359,
        "volume": 104425,
        "typical_volume": 101189.35,
        "trend": 17609.906087,
        "fair_value": 16406.868208,
        "relative_strength": -23.389478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.54195,
        "energy": 38.616881,
        "activity_lines": [
          16986.967969,
          17167.083452,
          17431.2149,
          17481.321631
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18348.884766,
        "volume": 32585,
        "typical_volume": 99805.25,
        "trend": 17564.264876,
        "fair_value": 16425.093481,
        "relative_strength": -20.665023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.343329,
        "energy": 9.934838,
        "activity_lines": [
          17444.939974,
          17352.730575,
          17515.279009,
          17528.997675
        ]
      },
      {
        "date": "2025-10-17",
        "close": 18198.894531,
        "volume": 59931,
        "typical_volume": 97049.55,
        "trend": 17550.62041,
        "fair_value": 16437.743158,
        "relative_strength": -19.306337,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.881369,
        "energy": 13.512759,
        "activity_lines": [
          17754.254557,
          17505.64691,
          17577.675065,
          17569.941524
        ]
      },
      {
        "date": "2025-10-24",
        "close": 18568.871094,
        "volume": 92898,
        "typical_volume": 98585.6,
        "trend": 17567.306803,
        "fair_value": 16452.764479,
        "relative_strength": -16.93066,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 56.888222,
        "energy": 36.880536,
        "activity_lines": [
          18126.231771,
          17705.827592,
          17673.305645,
          17635.635116
        ]
      },
      {
        "date": "2025-10-31",
        "close": 18178.896484,
        "volume": 71941,
        "typical_volume": 98494.95,
        "trend": 17628.655208,
        "fair_value": 16464.452862,
        "relative_strength": -20.076946,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 50.613817,
        "energy": 39.611671,
        "activity_lines": [
          18258.224219,
          17819.826491,
          17725.175735,
          17675.092515
        ]
      },
      {
        "date": "2025-11-07",
        "close": 18208.894531,
        "volume": 67010,
        "typical_volume": 96679.35,
        "trend": 17664.672786,
        "fair_value": 16474.731395,
        "relative_strength": -21.011069,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.341423,
        "energy": 47.381885,
        "activity_lines": [
          18280.889713,
          17937.092223,
          17772.139983,
          17712.52731
        ]
      },
      {
        "date": "2025-11-14",
        "close": 19688.802734,
        "volume": 67887,
        "typical_volume": 95936.95,
        "trend": 17712.357552,
        "fair_value": 16494.432454,
        "relative_strength": -16.580726,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.594568,
        "energy": 64.549515,
        "activity_lines": [
          18743.527864,
          18309.978444,
          17953.808761,
          17843.116339
        ]
      },
      {
        "date": "2025-11-21",
        "close": 18298.888672,
        "volume": 51145,
        "typical_volume": 92157.0,
        "trend": 17729.376953,
        "fair_value": 16515.605575,
        "relative_strength": -20.091124,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.024703,
        "energy": 44.049043,
        "activity_lines": [
          18653.533463,
          18378.883416,
          17991.580255,
          17880.957056
        ]
      },
      {
        "date": "2025-11-28",
        "close": 17959.21875,
        "volume": 93541,
        "typical_volume": 90840.5,
        "trend": 17756.405339,
        "fair_value": 16537.675932,
        "relative_strength": -21.579095,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.382169,
        "energy": 29.695626,
        "activity_lines": [
          18443.649479,
          18367.66772,
          17997.000735,
          17895.785559
        ]
      },
      {
        "date": "2025-12-05",
        "close": 18069.212891,
        "volume": 51359,
        "typical_volume": 87918.15,
        "trend": 17774.101497,
        "fair_value": 16563.463429,
        "relative_strength": -22.95531,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.93342,
        "energy": 22.507645,
        "activity_lines": [
          18311.073698,
          18357.537393,
          18016.226962,
          17915.966692
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17899.220703,
        "volume": 46604,
        "typical_volume": 77083.45,
        "trend": 17758.133919,
        "fair_value": 16584.828764,
        "relative_strength": -25.429452,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.587219,
        "energy": 16.130594,
        "activity_lines": [
          18129.146094,
          18285.950107,
          18019.593796,
          17924.038899
        ]
      },
      {
        "date": "2025-12-19",
        "close": 18389.199219,
        "volume": 87086,
        "typical_volume": 78071.3,
        "trend": 17811.160612,
        "fair_value": 16608.181428,
        "relative_strength": -23.195245,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.047794,
        "energy": 16.80196,
        "activity_lines": [
          18131.189583,
          18294.535689,
          18072.384003,
          17964.752789
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17599.234375,
        "volume": 69698,
        "typical_volume": 70043.1,
        "trend": 17805.181315,
        "fair_value": 16626.598395,
        "relative_strength": -24.533614,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.510945,
        "energy": 11.537338,
        "activity_lines": [
          17956.551693,
          18158.75831,
          18048.317532,
          17951.080129
        ]
      },
      {
        "date": "2026-01-02",
        "close": 17639.232422,
        "volume": 69461,
        "typical_volume": 69919.85,
        "trend": 17820.533724,
        "fair_value": 16653.602933,
        "relative_strength": -25.416004,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.021584,
        "energy": 12.43433,
        "activity_lines": [
          17841.890104,
          18041.156215,
          18025.676749,
          17940.373748
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17779.226563,
        "volume": 86992,
        "typical_volume": 70579.35,
        "trend": 17861.550977,
        "fair_value": 16679.518192,
        "relative_strength": -27.186179,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -8.045551,
        "energy": 8.982232,
        "activity_lines": [
          17795.225651,
          17965.910121,
          18016.794392,
          17937.70877
        ]
      },
      {
        "date": "2026-01-16",
        "close": 17339.246094,
        "volume": 73091,
        "typical_volume": 69273.0,
        "trend": 17876.236458,
        "fair_value": 16699.921468,
        "relative_strength": -30.208124,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -18.748501,
        "energy": 18.076564,
        "activity_lines": [
          17621.233464,
          17817.934304,
          17967.339444,
          17904.011681
        ]
      },
      {
        "date": "2026-01-23",
        "close": 17389.244141,
        "volume": 95240,
        "typical_volume": 67761.45,
        "trend": 17880.25612,
        "fair_value": 16724.618577,
        "relative_strength": -29.487272,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.365,
        "energy": 28.575844,
        "activity_lines": [
          17501.238933,
          17694.860831,
          17923.263802,
          17872.592822
        ]
      },
      {
        "date": "2026-01-30",
        "close": 16879.265625,
        "volume": 108021,
        "typical_volume": 70704.2,
        "trend": 17832.945833,
        "fair_value": 16741.880997,
        "relative_strength": -30.971523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.862326,
        "energy": 45.710976,
        "activity_lines": [
          17277.915235,
          17520.874148,
          17828.141304,
          17808.01279
        ]
      },
      {
        "date": "2026-02-06",
        "close": 16869.265625,
        "volume": 146033,
        "typical_volume": 74681.15,
        "trend": 17773.303255,
        "fair_value": 16758.246194,
        "relative_strength": -30.961581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.38449,
        "energy": 52.828788,
        "activity_lines": [
          17099.25612,
          17370.880611,
          17734.017309,
          17745.839873
        ]
      },
      {
        "date": "2026-02-13",
        "close": 17569.236328,
        "volume": 89941,
        "typical_volume": 78244.45,
        "trend": 17754.325,
        "fair_value": 16776.470866,
        "relative_strength": -29.223798,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.846335,
        "energy": 39.960294,
        "activity_lines": [
          17205.251693,
          17367.971804,
          17706.79389,
          17732.674265
        ]
      },
      {
        "date": "2026-02-20",
        "close": 16329.289063,
        "volume": 177448,
        "typical_volume": 81895.6,
        "trend": 17682.682682,
        "fair_value": 16785.976131,
        "relative_strength": -34.281087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.840817,
        "energy": 52.471475,
        "activity_lines": [
          16911.93086,
          17148.708523,
          17555.860091,
          17640.736463
        ]
      },
      {
        "date": "2026-02-27",
        "close": 15199.710938,
        "volume": 130048,
        "typical_volume": 86768.75,
        "trend": 17587.719922,
        "fair_value": 16790.291304,
        "relative_strength": -36.351501,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.17935,
        "energy": 68.2935,
        "activity_lines": [
          16309.414453,
          16752.611612,
          17302.488635,
          17480.544737
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16009.695313,
        "volume": 108913,
        "typical_volume": 89217.85,
        "trend": 17551.420833,
        "fair_value": 16796.145702,
        "relative_strength": -35.5426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.790148,
        "energy": 64.377131,
        "activity_lines": [
          16122.861719,
          16561.775284,
          17141.254613,
          17378.736698
        ]
      },
      {
        "date": "2026-03-13",
        "close": 14949.71582,
        "volume": 157358,
        "typical_volume": 92440.85,
        "trend": 17458.790723,
        "fair_value": 16798.730168,
        "relative_strength": -36.311511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.24798,
        "energy": 79.031939,
        "activity_lines": [
          15640.953841,
          16207.116122,
          16889.494922,
          17210.884762
        ]
      },
      {
        "date": "2026-03-20",
        "close": 15699.701172,
        "volume": 395256,
        "typical_volume": 108606.6,
        "trend": 17380.161035,
        "fair_value": 16800.867081,
        "relative_strength": -34.376157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.524519,
        "energy": 71.133561,
        "activity_lines": [
          15537.011068,
          16037.718235,
          16726.39648,
          17097.395113
        ]
      },
      {
        "date": "2026-03-27",
        "close": 15569.704102,
        "volume": 178593,
        "typical_volume": 114185.75,
        "trend": 17316.85319,
        "fair_value": 16809.476625,
        "relative_strength": -30.675063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.974137,
        "energy": 59.558747,
        "activity_lines": [
          15514.371615,
          15882.49407,
          16562.723056,
          16980.59144
        ]
      },
      {
        "date": "2026-04-03",
        "close": 16769.681641,
        "volume": 116018,
        "typical_volume": 116592.3,
        "trend": 17313.543425,
        "fair_value": 16823.983881,
        "relative_strength": -26.230283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.089728,
        "energy": 37.957891,
        "activity_lines": [
          15942.363672,
          15977.62113,
          16525.900781,
          16945.29005
        ]
      },
      {
        "date": "2026-04-10",
        "close": 17379.669922,
        "volume": 406561,
        "typical_volume": 134363.1,
        "trend": 17316.567383,
        "fair_value": 16840.414613,
        "relative_strength": -27.096048,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.161287,
        "energy": 15.797142,
        "activity_lines": [
          16469.020443,
          16194.919922,
          16561.073205,
          16949.556275
        ]
      },
      {
        "date": "2026-04-17",
        "close": 17479.667969,
        "volume": 180872,
        "typical_volume": 138729.65,
        "trend": 17335.257227,
        "fair_value": 16855.051044,
        "relative_strength": -25.160157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -12.530401,
        "energy": 17.777133,
        "activity_lines": [
          16937.678255,
          16421.301918,
          16610.146485,
          16960.078894
        ]
      },
      {
        "date": "2026-04-24",
        "close": 17349.669922,
        "volume": 55291,
        "typical_volume": 138926.25,
        "trend": 17367.279492,
        "fair_value": 16868.021009,
        "relative_strength": -24.111109,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.497914,
        "energy": 22.531361,
        "activity_lines": [
          17194.339909,
          16612.949681,
          16649.122573,
          16961.008745
        ]
      },
      {
        "date": "2026-05-01",
        "close": 17659.664063,
        "volume": 104016,
        "typical_volume": 141796.85,
        "trend": 17375.636849,
        "fair_value": 16877.082088,
        "relative_strength": -23.051442,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 21.586375,
        "energy": 28.006015,
        "activity_lines": [
          17444.335026,
          16864.952131,
          16721.048308,
          16979.872266
        ]
      },
      {
        "date": "2026-05-08",
        "close": 17539.666016,
        "volume": 518301,
        "typical_volume": 163357.6,
        "trend": 17348.662891,
        "fair_value": 16885.502122,
        "relative_strength": -24.310855,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 18.89898,
        "energy": 24.45878,
        "activity_lines": [
          17515.000131,
          17070.948118,
          16782.686403,
          16990.454793
        ]
      },
      {
        "date": "2026-05-15",
        "close": 15989.696289,
        "volume": 149014,
        "typical_volume": 167323.4,
        "trend": 17275.022949,
        "fair_value": 16894.75313,
        "relative_strength": -28.045894,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -21.138379,
        "energy": 13.562694,
        "activity_lines": [
          17017.676367,
          16952.58679,
          16700.75373,
          16902.779528
        ]
      },
      {
        "date": "2026-05-22",
        "close": 15710.0,
        "volume": 51697,
        "typical_volume": 166435.2,
        "trend": 17179.727246,
        "fair_value": 16903.876496,
        "relative_strength": -28.666902,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.950762,
        "energy": 21.910531,
        "activity_lines": [
          16519.785417,
          16783.73521,
          16599.847782,
          16801.810306
        ]
      },
      {
        "date": "2026-05-29",
        "close": 15700.0,
        "volume": 109459,
        "typical_volume": 167558.55,
        "trend": 17097.097363,
        "fair_value": 16917.806447,
        "relative_strength": -28.878559,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.144128,
        "energy": 33.425348,
        "activity_lines": [
          16136.538997,
          16599.242099,
          16507.176274,
          16706.344032
        ]
      },
      {
        "date": "2026-06-05",
        "close": 167.8,
        "volume": 9131,
        "typical_volume": 164360.55,
        "trend": 16495.727546,
        "fair_value": 16823.583209,
        "relative_strength": -99.186664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.396826,
        "energy": 96.235488,
        "activity_lines": [
          10685.870573,
          13590.707191,
          14945.148703,
          15614.131298
        ]
      },
      {
        "date": "2026-06-12",
        "close": 167.6,
        "volume": 11184,
        "typical_volume": 160157.75,
        "trend": 15845.020788,
        "fair_value": 16725.962049,
        "relative_strength": -99.181929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -96.778401,
        "energy": 98.794185,
        "activity_lines": [
          6401.259753,
          10862.17054,
          13464.870874,
          14560.703715
        ]
      },
      {
        "date": "2026-06-19",
        "close": 166.7,
        "volume": 32510,
        "typical_volume": 156382.2,
        "trend": 15240.614499,
        "fair_value": 16632.500829,
        "relative_strength": -99.126082,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.466346,
        "energy": 98.40629,
        "activity_lines": [
          3274.486667,
          8435.326282,
          12066.515161,
          13549.199148
        ]
      },
      {
        "date": "2026-06-26",
        "close": 158.3,
        "volume": 0,
        "typical_volume": 149080.55,
        "trend": 14647.250541,
        "fair_value": 16540.587963,
        "relative_strength": -99.124667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.278588,
        "energy": 93.796664,
        "activity_lines": [
          1199.78,
          6319.917841,
          10746.943093,
          12576.1466
        ]
      },
      {
        "date": "2026-07-03",
        "close": 172.6,
        "volume": 6469,
        "typical_volume": 144906.95,
        "trend": 14050.696777,
        "fair_value": 16448.766764,
        "relative_strength": -99.043132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.664712,
        "energy": 89.029122,
        "activity_lines": [
          166.62,
          4522.043363,
          9508.308958,
          11642.298178
        ]
      },
      {
        "date": "2026-07-10",
        "close": 169.8,
        "volume": 54682,
        "typical_volume": 138768.65,
        "trend": 13459.716087,
        "fair_value": 16355.64586,
        "relative_strength": -99.016543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.325422,
        "energy": 88.544849,
        "activity_lines": [
          167.686667,
          3035.970156,
          8352.24928,
          10746.75645
        ]
      },
      {
        "date": "2026-07-17",
        "close": 171.3,
        "volume": 76497,
        "typical_volume": 136091.1,
        "trend": 12852.45278,
        "fair_value": 16262.342307,
        "relative_strength": -99.001205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.966008,
        "energy": 86.016875,
        "activity_lines": [
          169.12,
          1868.167205,
          7273.282408,
          9889.439283
        ]
      },
      {
        "date": "2026-07-24",
        "close": 170.6,
        "volume": 53684,
        "typical_volume": 133329.65,
        "trend": 12271.498301,
        "fair_value": 16172.687292,
        "relative_strength": -99.003655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.556982,
        "energy": 67.367117,
        "activity_lines": [
          170.073333,
          1016.025455,
          6265.812731,
          9071.255233
        ]
      },
      {
        "date": "2026-07-31",
        "close": 177.0,
        "volume": 51660,
        "typical_volume": 128044.75,
        "trend": 11689.423887,
        "fair_value": 16082.368332,
        "relative_strength": -98.90951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.069785,
        "energy": 66.526584,
        "activity_lines": [
          172.9,
          452.667273,
          5334.376841,
          8290.96502
        ]
      },
      {
        "date": "2026-08-07",
        "close": 169.0,
        "volume": 198554,
        "typical_volume": 118209.65,
        "trend": 11102.416335,
        "fair_value": 15988.088709,
        "relative_strength": -98.933328,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.978134,
        "energy": 63.109968,
        "activity_lines": [
          171.813333,
          170.272727,
          4472.525312,
          7547.711866
        ]
      }
    ],
    "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."
    }
  }
}