{
  "ticker": {
    "uuid": "42a9c9d9-d92b-4174-96b6-a95c38a6f037",
    "symbol": "4321",
    "name": "Arabian Centres Company",
    "exchange": "SAU",
    "country": "SA",
    "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": "^TASI.SR",
    "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": -70.402,
    "architecture_energy": 81.721,
    "architecture_maturity": 66.421,
    "architecture_confidence": 81.228,
    "architecture_tenure": "Extended",
    "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": 16.04,
        "rotation_up": 8.45,
        "upward_expansion": 18.82,
        "deceleration": 37.09,
        "rotation_down": 77.09,
        "downward_expansion": 92.15
      },
      "activity_lines": [
        16.108667,
        16.487818,
        16.750714,
        16.958817
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 15.99,
    "trend_reference": 17.385333,
    "distance_from_trend": -0.080259,
    "trend_direction": "Weakening",
    "fair_value": 19.196881,
    "distance_from_fair_value": -0.167052,
    "fair_value_direction": "Weakening",
    "relative_strength": -13.658755,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.141707,
    "excess_performance": -0.109877,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.080259,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.054888,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.167052,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.049971,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.136588,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.011507,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.141707,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.726254,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2600910,
      "relative_activity": 0.949924,
      "balance": 0.726254,
      "dry_up": 0.816338,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.031943,
      "annualized_volatility": 0.166005,
      "from_high_reference": -0.300685,
      "from_low_reference": 0.034282
    },
    "levels": {
      "trend_reference": 17.385333,
      "fair_value_reference": 19.196881,
      "structural_low": 15.46,
      "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": 19,
        "median_return": 0.009028,
        "positive_rate": 0.526316,
        "directional_follow_through": 0.473684,
        "median_excess_return": 0.005179,
        "regime_survival": 0.789474,
        "best_return": 0.132498,
        "worst_return": -0.120526,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.030528,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.023124,
        "regime_survival": 0.333333,
        "best_return": 0.08565,
        "worst_return": -0.067977,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.027986,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.023961,
        "regime_survival": 0.4,
        "best_return": 0.106439,
        "worst_return": -0.110993,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.001264,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.000483,
        "regime_survival": 0.333333,
        "best_return": 0.04999,
        "worst_return": -0.111499,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-02",
        "end": "2024-08-16",
        "tenure": "New",
        "return": 0.053946,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-23",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-30",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": -0.120975,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-18",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": 0.054533,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-03",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": -0.024954,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-28",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.049648,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-18",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.009054,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": -0.004586,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-11",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.012718,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.070064,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": -0.056506,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-14",
        "end": "2025-11-28",
        "tenure": "New",
        "return": -0.012376,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-05",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.045226,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-16",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.150823,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-04",
        "close": 20.098324,
        "volume": 3401883,
        "typical_volume": 1354017.0,
        "trend": 17.547063,
        "fair_value": 16.919434,
        "relative_strength": 18.294612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.384905,
        "energy": 76.794049,
        "activity_lines": [
          20.080728,
          19.629458,
          18.937062,
          18.321432
        ]
      },
      {
        "date": "2023-08-11",
        "close": 20.239864,
        "volume": 5673753,
        "typical_volume": 1636811.15,
        "trend": 17.698791,
        "fair_value": 16.946134,
        "relative_strength": 17.862192,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.001881,
        "energy": 60.862099,
        "activity_lines": [
          20.161741,
          19.818916,
          19.121408,
          18.495161
        ]
      },
      {
        "date": "2023-08-18",
        "close": 20.522942,
        "volume": 6550554,
        "typical_volume": 1959144.1,
        "trend": 17.850029,
        "fair_value": 16.973936,
        "relative_strength": 18.436734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.584959,
        "energy": 62.321722,
        "activity_lines": [
          20.317336,
          20.023766,
          19.312008,
          18.677364
        ]
      },
      {
        "date": "2023-08-25",
        "close": 19.886019,
        "volume": 3549992,
        "typical_volume": 2136107.6,
        "trend": 17.975857,
        "fair_value": 16.994356,
        "relative_strength": 14.563835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.002741,
        "energy": 51.919271,
        "activity_lines": [
          20.185608,
          20.064772,
          19.421212,
          18.808719
        ]
      },
      {
        "date": "2023-09-01",
        "close": 19.81525,
        "volume": 4627322,
        "typical_volume": 2366892.25,
        "trend": 18.092549,
        "fair_value": 17.007727,
        "relative_strength": 12.655321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.811172,
        "energy": 43.164525,
        "activity_lines": [
          20.051147,
          20.05645,
          19.507908,
          18.927389
        ]
      },
      {
        "date": "2023-09-08",
        "close": 18.966024,
        "volume": 14360487,
        "typical_volume": 3084600.75,
        "trend": 18.18527,
        "fair_value": 17.015209,
        "relative_strength": 9.915477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.520941,
        "energy": 27.59443,
        "activity_lines": [
          19.668995,
          19.879933,
          19.502565,
          18.983742
        ]
      },
      {
        "date": "2023-09-15",
        "close": 18.52372,
        "volume": 11248840,
        "typical_volume": 3646919.3,
        "trend": 18.266502,
        "fair_value": 17.0203,
        "relative_strength": 7.476908,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.997729,
        "energy": 19.9653,
        "activity_lines": [
          19.214895,
          19.62217,
          19.449199,
          19.005578
        ]
      },
      {
        "date": "2023-09-22",
        "close": 17.93988,
        "volume": 12335662,
        "typical_volume": 4263555.7,
        "trend": 18.324476,
        "fair_value": 17.01853,
        "relative_strength": 5.6323,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -14.757369,
        "energy": 28.583837,
        "activity_lines": [
          18.680591,
          19.284061,
          19.337654,
          18.984505
        ]
      },
      {
        "date": "2023-09-29",
        "close": 17.603725,
        "volume": 9801791,
        "typical_volume": 4753513.9,
        "trend": 18.379379,
        "fair_value": 17.010148,
        "relative_strength": 2.34459,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -40.342291,
        "energy": 45.437209,
        "activity_lines": [
          18.20644,
          18.91134,
          19.196734,
          18.938005
        ]
      },
      {
        "date": "2023-10-06",
        "close": 17.568342,
        "volume": 4224889,
        "typical_volume": 4964384.1,
        "trend": 18.434728,
        "fair_value": 17.004658,
        "relative_strength": 4.514571,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.869588,
        "energy": 65.653186,
        "activity_lines": [
          17.872648,
          18.57937,
          19.056361,
          18.88568
        ]
      },
      {
        "date": "2023-10-13",
        "close": 17.639112,
        "volume": 6326336,
        "typical_volume": 5280171.15,
        "trend": 18.492979,
        "fair_value": 17.000737,
        "relative_strength": 6.264824,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.362917,
        "energy": 66.404237,
        "activity_lines": [
          17.712239,
          18.310771,
          18.922673,
          18.83435
        ]
      },
      {
        "date": "2023-10-20",
        "close": 17.32065,
        "volume": 5086567,
        "typical_volume": 5533718.05,
        "trend": 18.540615,
        "fair_value": 16.994106,
        "relative_strength": 3.376455,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.250084,
        "energy": 68.460268,
        "activity_lines": [
          17.534137,
          18.028982,
          18.759481,
          18.758716
        ]
      },
      {
        "date": "2023-10-27",
        "close": 17.196808,
        "volume": 4096059,
        "typical_volume": 5737961.85,
        "trend": 18.574905,
        "fair_value": 16.986235,
        "relative_strength": 4.623194,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.387524,
        "energy": 67.848623,
        "activity_lines": [
          17.394959,
          17.777753,
          18.588947,
          18.672019
        ]
      },
      {
        "date": "2023-11-03",
        "close": 17.86911,
        "volume": 3394537,
        "typical_volume": 5907238.45,
        "trend": 18.61805,
        "fair_value": 16.979999,
        "relative_strength": 3.825035,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.544875,
        "energy": 42.10931,
        "activity_lines": [
          17.52942,
          17.709237,
          18.485698,
          18.626484
        ]
      },
      {
        "date": "2023-11-10",
        "close": 17.904495,
        "volume": 5633476,
        "typical_volume": 6188352.15,
        "trend": 18.63248,
        "fair_value": 16.979339,
        "relative_strength": 3.71645,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.465331,
        "energy": 46.128848,
        "activity_lines": [
          17.657983,
          17.683824,
          18.385875,
          18.580448
        ]
      },
      {
        "date": "2023-11-17",
        "close": 17.93988,
        "volume": 5599019,
        "typical_volume": 6373678.5,
        "trend": 18.639567,
        "fair_value": 16.986571,
        "relative_strength": 1.310442,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.738668,
        "energy": 34.922974,
        "activity_lines": [
          17.775932,
          17.699587,
          18.294909,
          18.535764
        ]
      },
      {
        "date": "2023-11-24",
        "close": 17.32065,
        "volume": 15194458,
        "typical_volume": 6829103.9,
        "trend": 18.61749,
        "fair_value": 16.991884,
        "relative_strength": -2.349769,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.335186,
        "energy": 35.430193,
        "activity_lines": [
          17.667419,
          17.621419,
          18.149638,
          18.450673
        ]
      },
      {
        "date": "2023-12-01",
        "close": 17.568342,
        "volume": 5776035,
        "typical_volume": 6912311.9,
        "trend": 18.586624,
        "fair_value": 16.993883,
        "relative_strength": -1.994424,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.774196,
        "energy": 32.89352,
        "activity_lines": [
          17.64147,
          17.61016,
          18.040444,
          18.382986
        ]
      },
      {
        "date": "2023-12-08",
        "close": 17.39142,
        "volume": 5096503,
        "typical_volume": 6855477.55,
        "trend": 18.552133,
        "fair_value": 16.995727,
        "relative_strength": -3.532269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.473933,
        "energy": 42.505984,
        "activity_lines": [
          17.531778,
          17.573489,
          17.923113,
          18.305876
        ]
      },
      {
        "date": "2023-12-15",
        "close": 17.479883,
        "volume": 6913622,
        "typical_volume": 6944589.25,
        "trend": 18.549569,
        "fair_value": 16.996356,
        "relative_strength": -5.735218,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.10087,
        "energy": 47.350868,
        "activity_lines": [
          17.48342,
          17.556762,
          17.827575,
          18.236698
        ]
      },
      {
        "date": "2023-12-22",
        "close": 18.576797,
        "volume": 10726247,
        "typical_volume": 7310807.45,
        "trend": 18.575045,
        "fair_value": 17.005978,
        "relative_strength": -0.655697,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.911903,
        "energy": 19.065687,
        "activity_lines": [
          17.829007,
          17.741083,
          17.850154,
          18.238455
        ]
      },
      {
        "date": "2023-12-29",
        "close": 18.187571,
        "volume": 11097271,
        "typical_volume": 7581983.35,
        "trend": 18.572775,
        "fair_value": 17.01462,
        "relative_strength": -5.341439,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.755923,
        "energy": 19.23503,
        "activity_lines": [
          18.002392,
          17.837586,
          17.842909,
          18.213457
        ]
      },
      {
        "date": "2024-01-05",
        "close": 18.665258,
        "volume": 8655224,
        "typical_volume": 7687216.85,
        "trend": 18.598927,
        "fair_value": 17.025343,
        "relative_strength": -4.686629,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 1.726743,
        "energy": 17.072624,
        "activity_lines": [
          18.27721,
          18.005179,
          17.89093,
          18.219423
        ]
      },
      {
        "date": "2024-01-12",
        "close": 18.470644,
        "volume": 6134304,
        "typical_volume": 7816432.45,
        "trend": 18.618593,
        "fair_value": 17.035532,
        "relative_strength": -5.491186,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -1.262334,
        "energy": 23.627781,
        "activity_lines": [
          18.414029,
          18.110689,
          17.929263,
          18.211147
        ]
      },
      {
        "date": "2024-01-19",
        "close": 17.745266,
        "volume": 6220024,
        "typical_volume": 7896067.55,
        "trend": 18.574874,
        "fair_value": 17.037639,
        "relative_strength": -8.006179,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.279975,
        "energy": 18.038924,
        "activity_lines": [
          18.237108,
          18.073375,
          17.905253,
          18.154803
        ]
      },
      {
        "date": "2024-01-26",
        "close": 18.205263,
        "volume": 4988445,
        "typical_volume": 7427465.45,
        "trend": 18.551034,
        "fair_value": 17.043859,
        "relative_strength": -7.180382,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.588681,
        "energy": 11.687408,
        "activity_lines": [
          18.195827,
          18.122591,
          17.934908,
          18.130957
        ]
      },
      {
        "date": "2024-02-02",
        "close": 17.86911,
        "volume": 4312682,
        "typical_volume": 7080657.55,
        "trend": 18.481899,
        "fair_value": 17.049287,
        "relative_strength": -6.994826,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.218527,
        "energy": 14.211438,
        "activity_lines": [
          18.067263,
          18.105864,
          17.936172,
          18.086962
        ]
      },
      {
        "date": "2024-02-09",
        "close": 18.134493,
        "volume": 4704907,
        "typical_volume": 6699119.8,
        "trend": 18.439791,
        "fair_value": 17.056872,
        "relative_strength": -7.816171,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.603118,
        "energy": 16.6379,
        "activity_lines": [
          18.048391,
          18.127416,
          17.965827,
          18.064549
        ]
      },
      {
        "date": "2024-02-16",
        "close": 18.329107,
        "volume": 6476660,
        "typical_volume": 6532863.25,
        "trend": 18.377466,
        "fair_value": 17.06625,
        "relative_strength": -8.846464,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.856309,
        "energy": 7.569123,
        "activity_lines": [
          18.129775,
          18.174059,
          18.013091,
          18.057408
        ]
      },
      {
        "date": "2024-02-23",
        "close": 18.665258,
        "volume": 6021501,
        "typical_volume": 6622693.85,
        "trend": 18.32144,
        "fair_value": 17.089421,
        "relative_strength": -8.210784,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.531166,
        "energy": 21.059719,
        "activity_lines": [
          18.332645,
          18.264772,
          18.088915,
          18.075975
        ]
      },
      {
        "date": "2024-03-01",
        "close": 18.771412,
        "volume": 4562804,
        "typical_volume": 6534517.25,
        "trend": 18.27721,
        "fair_value": 17.110091,
        "relative_strength": -7.569062,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 37.63824,
        "energy": 44.266164,
        "activity_lines": [
          18.509567,
          18.353233,
          18.169625,
          18.105006
        ]
      },
      {
        "date": "2024-03-08",
        "close": 19.284485,
        "volume": 7561954,
        "typical_volume": 6658286.6,
        "trend": 18.245364,
        "fair_value": 17.131594,
        "relative_strength": -4.626058,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.618708,
        "energy": 59.858328,
        "activity_lines": [
          18.81977,
          18.531441,
          18.293807,
          18.169991
        ]
      },
      {
        "date": "2024-03-15",
        "close": 19.81525,
        "volume": 11349590,
        "typical_volume": 7020963.15,
        "trend": 18.221774,
        "fair_value": 17.159864,
        "relative_strength": -3.204912,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 82.939354,
        "energy": 79.859902,
        "activity_lines": [
          19.212537,
          18.786209,
          18.459187,
          18.271274
        ]
      },
      {
        "date": "2024-03-22",
        "close": 21.478315,
        "volume": 16988067,
        "typical_volume": 7700639.65,
        "trend": 18.274851,
        "fair_value": 17.197522,
        "relative_strength": 3.943361,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.250979,
        "energy": 93.877494,
        "activity_lines": [
          20.047607,
          19.322443,
          18.770485,
          18.481374
        ]
      },
      {
        "date": "2024-03-29",
        "close": 22.469078,
        "volume": 31210737,
        "typical_volume": 8979502.7,
        "trend": 18.363312,
        "fair_value": 17.242531,
        "relative_strength": 10.754442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.320181,
        "energy": 97.383654,
        "activity_lines": [
          21.002985,
          19.98413,
          19.158955,
          18.751969
        ]
      },
      {
        "date": "2024-04-05",
        "close": 21.016998,
        "volume": 12492487,
        "typical_volume": 9324176.1,
        "trend": 18.431677,
        "fair_value": 17.278686,
        "relative_strength": 2.350587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.729603,
        "energy": 87.445672,
        "activity_lines": [
          21.220749,
          20.295916,
          19.387395,
          18.923175
        ]
      },
      {
        "date": "2024-04-19",
        "close": 22.987341,
        "volume": 10893849,
        "typical_volume": 9109145.65,
        "trend": 18.580465,
        "fair_value": 17.326199,
        "relative_strength": 13.444801,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.883256,
        "energy": 93.987878,
        "activity_lines": [
          21.945587,
          20.914823,
          19.788834,
          19.217088
        ]
      },
      {
        "date": "2024-04-26",
        "close": 22.94173,
        "volume": 9685340,
        "typical_volume": 9304610.9,
        "trend": 18.747193,
        "fair_value": 17.372328,
        "relative_strength": 15.160408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.161805,
        "energy": 85.52,
        "activity_lines": [
          22.408365,
          21.432379,
          20.158945,
          19.49846
        ]
      },
      {
        "date": "2024-05-03",
        "close": 22.94173,
        "volume": 3949994,
        "typical_volume": 9247285.45,
        "trend": 18.925127,
        "fair_value": 17.416184,
        "relative_strength": 13.916552,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.800704,
        "energy": 68.06727,
        "activity_lines": [
          22.662711,
          21.86253,
          20.503469,
          19.769076
        ]
      },
      {
        "date": "2024-05-10",
        "close": 22.348801,
        "volume": 5982174,
        "typical_volume": 9200713.05,
        "trend": 19.084475,
        "fair_value": 17.448874,
        "relative_strength": 11.351584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.354628,
        "energy": 63.08475,
        "activity_lines": [
          22.621853,
          22.10101,
          20.765093,
          19.989958
        ]
      },
      {
        "date": "2024-05-17",
        "close": 20.5609,
        "volume": 7115347,
        "typical_volume": 9020168.05,
        "trend": 19.181868,
        "fair_value": 17.471739,
        "relative_strength": 3.131069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.097234,
        "energy": 46.649802,
        "activity_lines": [
          21.993046,
          21.947444,
          20.833255,
          20.085211
        ]
      },
      {
        "date": "2024-05-24",
        "close": 19.849386,
        "volume": 4436273,
        "typical_volume": 8687118.15,
        "trend": 19.266159,
        "fair_value": 17.486134,
        "relative_strength": 1.107287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.108036,
        "energy": 22.760624,
        "activity_lines": [
          21.157475,
          21.631976,
          20.824206,
          20.128277
        ]
      },
      {
        "date": "2024-05-31",
        "close": 19.265581,
        "volume": 3827014,
        "typical_volume": 8445707.65,
        "trend": 19.335118,
        "fair_value": 17.494831,
        "relative_strength": 2.209315,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.095194,
        "energy": 22.206644,
        "activity_lines": [
          20.336499,
          21.20009,
          20.751643,
          20.128239
        ]
      },
      {
        "date": "2024-06-07",
        "close": 18.700016,
        "volume": 5099469,
        "typical_volume": 8393965.9,
        "trend": 19.362815,
        "fair_value": 17.496493,
        "relative_strength": -1.262515,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.142934,
        "energy": 24.521017,
        "activity_lines": [
          19.572078,
          20.675368,
          20.622358,
          20.087265
        ]
      },
      {
        "date": "2024-06-14",
        "close": 18.335142,
        "volume": 15711734,
        "typical_volume": 8868551.4,
        "trend": 19.37717,
        "fair_value": 17.492406,
        "relative_strength": -2.638722,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.989414,
        "energy": 39.545333,
        "activity_lines": [
          18.968813,
          20.13482,
          20.457231,
          20.020964
        ]
      },
      {
        "date": "2024-06-28",
        "close": 18.38987,
        "volume": 7669236,
        "typical_volume": 9002590.95,
        "trend": 19.39217,
        "fair_value": 17.491171,
        "relative_strength": -4.267472,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.913368,
        "energy": 42.687628,
        "activity_lines": [
          18.651368,
          19.679385,
          20.294507,
          19.957267
        ]
      },
      {
        "date": "2024-07-05",
        "close": 18.645481,
        "volume": 4823673,
        "typical_volume": 9028140.5,
        "trend": 19.436331,
        "fair_value": 17.492256,
        "relative_strength": -2.282366,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.733238,
        "energy": 53.607728,
        "activity_lines": [
          18.563862,
          19.318191,
          20.155248,
          19.909093
        ]
      },
      {
        "date": "2024-07-12",
        "close": 18.701248,
        "volume": 2830643,
        "typical_volume": 8934427.3,
        "trend": 19.474094,
        "fair_value": 17.493926,
        "relative_strength": -3.027355,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.570291,
        "energy": 52.712449,
        "activity_lines": [
          18.575205,
          19.046079,
          20.017603,
          19.861669
        ]
      },
      {
        "date": "2024-07-19",
        "close": 18.738428,
        "volume": 4526242,
        "typical_volume": 8836906.4,
        "trend": 19.518995,
        "fair_value": 17.494242,
        "relative_strength": -5.78898,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.09658,
        "energy": 39.323766,
        "activity_lines": [
          18.636564,
          18.857827,
          19.880801,
          19.814206
        ]
      },
      {
        "date": "2024-07-26",
        "close": 18.626892,
        "volume": 4684838,
        "typical_volume": 8770073.25,
        "trend": 19.557228,
        "fair_value": 17.495436,
        "relative_strength": -4.966468,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.602835,
        "energy": 38.571501,
        "activity_lines": [
          18.658183,
          18.725719,
          19.731426,
          19.756651
        ]
      },
      {
        "date": "2024-08-02",
        "close": 18.608299,
        "volume": 2859185,
        "typical_volume": 8684892.3,
        "trend": 19.558278,
        "fair_value": 17.4956,
        "relative_strength": -5.021259,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.776034,
        "energy": 38.685959,
        "activity_lines": [
          18.654155,
          18.657901,
          19.580464,
          19.69543
        ]
      },
      {
        "date": "2024-08-09",
        "close": 18.682661,
        "volume": 5789194,
        "typical_volume": 8596254.3,
        "trend": 19.574781,
        "fair_value": 17.498629,
        "relative_strength": -1.411622,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.806699,
        "energy": 28.142963,
        "activity_lines": [
          18.660352,
          18.639106,
          19.43736,
          19.638939
        ]
      },
      {
        "date": "2024-08-16",
        "close": 19.612146,
        "volume": 8096039,
        "typical_volume": 8433576.75,
        "trend": 19.606344,
        "fair_value": 17.507896,
        "relative_strength": 1.485131,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.101858,
        "energy": 18.067213,
        "activity_lines": [
          18.973899,
          18.810522,
          19.385645,
          19.641349
        ]
      },
      {
        "date": "2024-08-23",
        "close": 19.946758,
        "volume": 9244845,
        "typical_volume": 8046415.65,
        "trend": 19.655548,
        "fair_value": 17.517343,
        "relative_strength": 1.014452,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.615057,
        "energy": 15.596681,
        "activity_lines": [
          19.338256,
          19.036474,
          19.366765,
          19.663311
        ]
      },
      {
        "date": "2024-08-30",
        "close": 21.359577,
        "volume": 21443327,
        "typical_volume": 7558045.15,
        "trend": 19.776025,
        "fair_value": 17.535846,
        "relative_strength": 8.651381,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.065396,
        "energy": 40.435011,
        "activity_lines": [
          20.092998,
          19.496635,
          19.489732,
          19.773249
        ]
      },
      {
        "date": "2024-09-06",
        "close": 20.504452,
        "volume": 6600255,
        "typical_volume": 7263433.55,
        "trend": 19.852665,
        "fair_value": 17.550833,
        "relative_strength": 4.756046,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.703335,
        "energy": 41.107595,
        "activity_lines": [
          20.38052,
          19.746329,
          19.536541,
          19.820244
        ]
      },
      {
        "date": "2024-09-13",
        "close": 19.760862,
        "volume": 44240745,
        "typical_volume": 8930778.35,
        "trend": 19.915723,
        "fair_value": 17.562552,
        "relative_strength": 3.215899,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 22.524209,
        "energy": 41.312565,
        "activity_lines": [
          20.293767,
          19.822378,
          19.514974,
          19.814321
        ]
      },
      {
        "date": "2024-09-20",
        "close": 20.820477,
        "volume": 5198134,
        "typical_volume": 8706418.05,
        "trend": 20.005256,
        "fair_value": 17.581063,
        "relative_strength": 6.567615,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.255667,
        "energy": 54.46711,
        "activity_lines": [
          20.48834,
          20.070804,
          19.609686,
          19.872692
        ]
      },
      {
        "date": "2024-09-27",
        "close": 20.653168,
        "volume": 2487631,
        "typical_volume": 8633299.9,
        "trend": 20.082725,
        "fair_value": 17.595974,
        "relative_strength": 3.190827,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.423804,
        "energy": 47.568773,
        "activity_lines": [
          20.546588,
          20.250279,
          19.698565,
          19.914493
        ]
      },
      {
        "date": "2024-10-04",
        "close": 19.612146,
        "volume": 3649000,
        "typical_volume": 8516641.2,
        "trend": 20.114288,
        "fair_value": 17.604773,
        "relative_strength": 1.402686,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 12.215113,
        "energy": 15.303352,
        "activity_lines": [
          20.210734,
          20.205664,
          19.699198,
          19.884133
        ]
      },
      {
        "date": "2024-10-11",
        "close": 18.775608,
        "volume": 5954347,
        "typical_volume": 8458591.2,
        "trend": 20.114428,
        "fair_value": 17.608117,
        "relative_strength": -3.18852,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -44.818649,
        "energy": 22.443012,
        "activity_lines": [
          19.71253,
          19.991037,
          19.633191,
          19.797767
        ]
      },
      {
        "date": "2024-10-18",
        "close": 18.849966,
        "volume": 9569978,
        "typical_volume": 8715276.45,
        "trend": 20.099944,
        "fair_value": 17.613716,
        "relative_strength": -2.039635,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.903486,
        "energy": 35.124028,
        "activity_lines": [
          19.354368,
          19.786888,
          19.582768,
          19.716189
        ]
      },
      {
        "date": "2024-10-25",
        "close": 18.682661,
        "volume": 3852308,
        "typical_volume": 8716541.15,
        "trend": 20.062191,
        "fair_value": 17.617493,
        "relative_strength": -2.625119,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -53.514986,
        "energy": 43.998465,
        "activity_lines": [
          19.001164,
          19.549278,
          19.52117,
          19.624751
        ]
      },
      {
        "date": "2024-11-01",
        "close": 19.1474,
        "volume": 4214599,
        "typical_volume": 8672297.65,
        "trend": 19.984493,
        "fair_value": 17.626964,
        "relative_strength": -1.293478,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.495373,
        "energy": 45.783245,
        "activity_lines": [
          18.945394,
          19.413066,
          19.506609,
          19.565732
        ]
      },
      {
        "date": "2024-11-08",
        "close": 19.742273,
        "volume": 4805509,
        "typical_volume": 8126986.4,
        "trend": 19.8936,
        "fair_value": 17.639593,
        "relative_strength": 0.890694,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.432417,
        "energy": 31.491955,
        "activity_lines": [
          19.188299,
          19.399546,
          19.546572,
          19.550105
        ]
      },
      {
        "date": "2024-11-15",
        "close": 18.912418,
        "volume": 7668222,
        "typical_volume": 8126935.7,
        "trend": 19.823447,
        "fair_value": 17.642643,
        "relative_strength": -0.515779,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.704324,
        "energy": 29.344627,
        "activity_lines": [
          19.145911,
          19.264549,
          19.5008,
          19.486803
        ]
      },
      {
        "date": "2024-11-22",
        "close": 18.723106,
        "volume": 5527067,
        "typical_volume": 8162105.4,
        "trend": 19.681306,
        "fair_value": 17.64331,
        "relative_strength": -1.839684,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.74684,
        "energy": 27.944892,
        "activity_lines": [
          19.031299,
          19.124078,
          19.434511,
          19.415813
        ]
      },
      {
        "date": "2024-11-29",
        "close": 18.836693,
        "volume": 6361883,
        "typical_volume": 8338667.4,
        "trend": 19.544472,
        "fair_value": 17.646577,
        "relative_strength": 0.446657,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.674263,
        "energy": 28.402295,
        "activity_lines": [
          18.963006,
          19.023127,
          19.37867,
          19.361322
        ]
      },
      {
        "date": "2024-12-06",
        "close": 19.802191,
        "volume": 8089583,
        "typical_volume": 8516834.45,
        "trend": 19.43982,
        "fair_value": 17.65725,
        "relative_strength": 2.905878,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -15.294136,
        "energy": 14.157854,
        "activity_lines": [
          19.206277,
          19.13379,
          19.414135,
          19.377949
        ]
      },
      {
        "date": "2024-12-13",
        "close": 20.180819,
        "volume": 3830210,
        "typical_volume": 8474103.05,
        "trend": 19.367554,
        "fair_value": 17.686076,
        "relative_strength": 3.30336,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 28.60158,
        "energy": 16.211794,
        "activity_lines": [
          19.532105,
          19.328767,
          19.480595,
          19.425756
        ]
      },
      {
        "date": "2024-12-20",
        "close": 20.46479,
        "volume": 9111119,
        "typical_volume": 8786699.75,
        "trend": 19.364351,
        "fair_value": 17.718876,
        "relative_strength": 6.362111,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.550269,
        "energy": 39.6575,
        "activity_lines": [
          19.923353,
          19.565036,
          19.566701,
          19.496545
        ]
      },
      {
        "date": "2024-12-27",
        "close": 19.877918,
        "volume": 3387503,
        "typical_volume": 8666615.2,
        "trend": 19.365302,
        "fair_value": 17.752689,
        "relative_strength": 3.400325,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.004753,
        "energy": 40.777049,
        "activity_lines": [
          20.015485,
          19.663888,
          19.588073,
          19.529678
        ]
      },
      {
        "date": "2025-01-03",
        "close": 20.483719,
        "volume": 3484751,
        "typical_volume": 8436050.8,
        "trend": 19.405906,
        "fair_value": 17.778215,
        "relative_strength": 4.295057,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.132791,
        "energy": 61.348154,
        "activity_lines": [
          20.232564,
          19.854195,
          19.661449,
          19.601834
        ]
      },
      {
        "date": "2025-01-10",
        "close": 20.63517,
        "volume": 2728753,
        "typical_volume": 8110246.2,
        "trend": 19.470411,
        "fair_value": 17.804337,
        "relative_strength": 4.882381,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.574028,
        "energy": 67.614543,
        "activity_lines": [
          20.390325,
          20.039293,
          19.745099,
          19.681142
        ]
      },
      {
        "date": "2025-01-17",
        "close": 20.843416,
        "volume": 4353234,
        "typical_volume": 7255741.55,
        "trend": 19.55402,
        "fair_value": 17.827957,
        "relative_strength": 4.370193,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.982705,
        "energy": 65.814473,
        "activity_lines": [
          20.56197,
          20.235203,
          19.845303,
          19.769723
        ]
      },
      {
        "date": "2025-01-24",
        "close": 20.180819,
        "volume": 6865430,
        "typical_volume": 7269000.3,
        "trend": 19.613719,
        "fair_value": 17.851635,
        "relative_strength": 0.122011,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.986878,
        "energy": 51.3568,
        "activity_lines": [
          20.468575,
          20.29062,
          19.884861,
          19.810161
        ]
      },
      {
        "date": "2025-01-31",
        "close": 20.086161,
        "volume": 2965912,
        "typical_volume": 5205258.65,
        "trend": 19.661741,
        "fair_value": 17.871242,
        "relative_strength": -0.997203,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.744413,
        "energy": 34.687345,
        "activity_lines": [
          20.362559,
          20.305765,
          19.916944,
          19.840641
        ]
      },
      {
        "date": "2025-02-07",
        "close": 20.540514,
        "volume": 5235612,
        "typical_volume": 5207132.55,
        "trend": 19.72305,
        "fair_value": 17.89526,
        "relative_strength": 0.910812,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.780486,
        "energy": 34.256177,
        "activity_lines": [
          20.394112,
          20.378737,
          19.990751,
          19.897337
        ]
      },
      {
        "date": "2025-02-14",
        "close": 20.048298,
        "volume": 5483655,
        "typical_volume": 5356933.75,
        "trend": 19.766713,
        "fair_value": 17.916123,
        "relative_strength": -1.258966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.969645,
        "energy": 19.918413,
        "activity_lines": [
          20.257806,
          20.331236,
          20.019013,
          19.91832
        ]
      },
      {
        "date": "2025-02-21",
        "close": 19.972574,
        "volume": 2279631,
        "typical_volume": 5288465.3,
        "trend": 19.811569,
        "fair_value": 17.932778,
        "relative_strength": -1.802231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 34.472823,
        "energy": 17.0894,
        "activity_lines": [
          20.135383,
          20.265493,
          20.042943,
          19.931602
        ]
      },
      {
        "date": "2025-02-28",
        "close": 19.764328,
        "volume": 2541625,
        "typical_volume": 5117829.2,
        "trend": 19.850103,
        "fair_value": 17.949163,
        "relative_strength": -0.79992,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.447719,
        "energy": 13.821801,
        "activity_lines": [
          20.001601,
          20.165673,
          20.045324,
          19.928554
        ]
      },
      {
        "date": "2025-03-07",
        "close": 19.347839,
        "volume": 2705545,
        "typical_volume": 4774607.55,
        "trend": 19.872276,
        "fair_value": 17.96191,
        "relative_strength": -0.604082,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.873433,
        "energy": 21.418494,
        "activity_lines": [
          19.756756,
          20.002863,
          20.003332,
          19.89615
        ]
      },
      {
        "date": "2025-03-14",
        "close": 19.650862,
        "volume": 3432488,
        "typical_volume": 4753616.55,
        "trend": 19.873566,
        "fair_value": 17.978728,
        "relative_strength": 1.461834,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.464296,
        "energy": 19.955907,
        "activity_lines": [
          19.66214,
          19.904787,
          19.987828,
          19.881865
        ]
      },
      {
        "date": "2025-03-21",
        "close": 19.824423,
        "volume": 3034542,
        "typical_volume": 4694613.7,
        "trend": 19.869488,
        "fair_value": 17.996466,
        "relative_strength": 1.877324,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.51831,
        "energy": 23.312811,
        "activity_lines": [
          19.684687,
          19.85341,
          19.984243,
          19.878694
        ]
      },
      {
        "date": "2025-03-28",
        "close": 19.843708,
        "volume": 2780602,
        "typical_volume": 4593368.35,
        "trend": 19.818959,
        "fair_value": 18.013359,
        "relative_strength": -0.376753,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.50047,
        "energy": 23.623806,
        "activity_lines": [
          19.728588,
          19.820279,
          19.979271,
          19.877031
        ]
      },
      {
        "date": "2025-04-04",
        "close": 19.766569,
        "volume": 459914,
        "typical_volume": 4232952.95,
        "trend": 19.794363,
        "fair_value": 18.0315,
        "relative_strength": 0.436691,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.957328,
        "energy": 13.787627,
        "activity_lines": [
          19.755367,
          19.791301,
          19.966469,
          19.873651
        ]
      },
      {
        "date": "2025-04-11",
        "close": 18.783062,
        "volume": 7528705,
        "typical_volume": 4333034.85,
        "trend": 19.76177,
        "fair_value": 18.047884,
        "relative_strength": -1.228844,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -39.359668,
        "energy": 38.524581,
        "activity_lines": [
          19.454161,
          19.591034,
          19.855932,
          19.808406
        ]
      },
      {
        "date": "2025-04-18",
        "close": 19.168751,
        "volume": 3399673,
        "typical_volume": 4184924.35,
        "trend": 19.706712,
        "fair_value": 18.062386,
        "relative_strength": 0.35335,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.182872,
        "energy": 40.516237,
        "activity_lines": [
          19.31917,
          19.484586,
          19.781842,
          19.770147
        ]
      },
      {
        "date": "2025-04-25",
        "close": 19.284458,
        "volume": 4282390,
        "typical_volume": 3994564.7,
        "trend": 19.661089,
        "fair_value": 18.079081,
        "relative_strength": -0.624655,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.595241,
        "energy": 49.560479,
        "activity_lines": [
          19.254888,
          19.424116,
          19.717191,
          19.742904
        ]
      },
      {
        "date": "2025-05-02",
        "close": 19.188036,
        "volume": 4484347,
        "typical_volume": 4027271.55,
        "trend": 19.646952,
        "fair_value": 18.09419,
        "relative_strength": 1.01625,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.856932,
        "energy": 53.012294,
        "activity_lines": [
          19.194464,
          19.360003,
          19.645822,
          19.712385
        ]
      },
      {
        "date": "2025-05-09",
        "close": 19.342312,
        "volume": 3025474,
        "typical_volume": 3722989.3,
        "trend": 19.665842,
        "fair_value": 18.11145,
        "relative_strength": 3.625382,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.432378,
        "energy": 36.279282,
        "activity_lines": [
          19.229176,
          19.338204,
          19.593874,
          19.692731
        ]
      },
      {
        "date": "2025-05-16",
        "close": 19.245888,
        "volume": 6055060,
        "typical_volume": 3856367.15,
        "trend": 19.679039,
        "fair_value": 18.128672,
        "relative_strength": 2.1948,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.391676,
        "energy": 34.782832,
        "activity_lines": [
          19.260031,
          19.306547,
          19.538087,
          19.665637
        ]
      },
      {
        "date": "2025-05-23",
        "close": 19.014477,
        "volume": 5359207,
        "typical_volume": 3950089.95,
        "trend": 19.6901,
        "fair_value": 18.14354,
        "relative_strength": 3.622999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.150319,
        "energy": 37.49538,
        "activity_lines": [
          19.182894,
          19.234669,
          19.463271,
          19.622762
        ]
      },
      {
        "date": "2025-05-30",
        "close": 19.07233,
        "volume": 5094895,
        "typical_volume": 4068397.05,
        "trend": 19.687597,
        "fair_value": 18.161584,
        "relative_strength": 5.713896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.144315,
        "energy": 35.284947,
        "activity_lines": [
          19.135325,
          19.18488,
          19.400961,
          19.582906
        ]
      },
      {
        "date": "2025-06-06",
        "close": 18.802347,
        "volume": 3608548,
        "typical_volume": 4031162.75,
        "trend": 19.656267,
        "fair_value": 18.183414,
        "relative_strength": 4.042467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.767283,
        "energy": 48.196353,
        "activity_lines": [
          19.011905,
          19.099678,
          19.320381,
          19.525793
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.435944,
        "volume": 3223859,
        "typical_volume": 3849084.2,
        "trend": 19.640384,
        "fair_value": 18.203669,
        "relative_strength": 3.453847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.244604,
        "energy": 70.32562,
        "activity_lines": [
          18.792063,
          18.966791,
          19.214624,
          19.447062
        ]
      },
      {
        "date": "2025-06-20",
        "close": 18.075829,
        "volume": 6174316,
        "typical_volume": 4009504.4,
        "trend": 19.618808,
        "fair_value": 18.21968,
        "relative_strength": 3.50191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.149756,
        "energy": 79.050896,
        "activity_lines": [
          18.512607,
          18.792622,
          19.08288,
          19.346123
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.862591,
        "volume": 4604019,
        "typical_volume": 3977924.75,
        "trend": 19.619671,
        "fair_value": 18.242283,
        "relative_strength": 3.377179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.906894,
        "energy": 63.516342,
        "activity_lines": [
          18.573408,
          18.774359,
          19.035638,
          19.297335
        ]
      },
      {
        "date": "2025-07-04",
        "close": 19.157625,
        "volume": 5197869,
        "typical_volume": 3963635.45,
        "trend": 19.598186,
        "fair_value": 18.270454,
        "relative_strength": 3.223269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.379416,
        "energy": 39.702663,
        "activity_lines": [
          18.742681,
          18.815305,
          19.024485,
          19.267526
        ]
      },
      {
        "date": "2025-07-11",
        "close": 20.878664,
        "volume": 25117846,
        "typical_volume": 5105546.2,
        "trend": 19.621447,
        "fair_value": 18.309948,
        "relative_strength": 11.826561,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 3.033371,
        "energy": 12.566828,
        "activity_lines": [
          19.479946,
          19.171473,
          19.181482,
          19.350137
        ]
      },
      {
        "date": "2025-07-18",
        "close": 21.78344,
        "volume": 16257428,
        "typical_volume": 5791336.35,
        "trend": 19.665402,
        "fair_value": 18.355822,
        "relative_strength": 18.923718,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.667778,
        "energy": 49.073464,
        "activity_lines": [
          20.380383,
          19.661408,
          19.420333,
          19.489621
        ]
      },
      {
        "date": "2025-07-25",
        "close": 21.58675,
        "volume": 11809456,
        "typical_volume": 6246531.9,
        "trend": 19.722363,
        "fair_value": 18.395945,
        "relative_strength": 17.93176,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.761211,
        "energy": 69.938141,
        "activity_lines": [
          20.99209,
          20.071196,
          19.630837,
          19.613579
        ]
      },
      {
        "date": "2025-08-01",
        "close": 20.416443,
        "volume": 5836487,
        "typical_volume": 6366731.85,
        "trend": 19.720121,
        "fair_value": 18.429972,
        "relative_strength": 11.382935,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.125145,
        "energy": 65.803229,
        "activity_lines": [
          20.979633,
          20.22564,
          19.719222,
          19.658358
        ]
      },
      {
        "date": "2025-08-08",
        "close": 20.593464,
        "volume": 9885336,
        "typical_volume": 6709271.55,
        "trend": 19.718731,
        "fair_value": 18.463326,
        "relative_strength": 11.883128,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.251537,
        "energy": 61.859475,
        "activity_lines": [
          20.922592,
          20.38678,
          19.82082,
          19.714703
        ]
      },
      {
        "date": "2025-08-15",
        "close": 20.003393,
        "volume": 7311613,
        "typical_volume": 6935822.1,
        "trend": 19.69073,
        "fair_value": 18.491491,
        "relative_strength": 9.397065,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 55.268295,
        "energy": 37.804319,
        "activity_lines": [
          20.573139,
          20.412977,
          19.862559,
          19.733068
        ]
      },
      {
        "date": "2025-08-22",
        "close": 20.613132,
        "volume": 6886407,
        "typical_volume": 7257146.75,
        "trend": 19.70514,
        "fair_value": 18.523565,
        "relative_strength": 12.053424,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 43.629362,
        "energy": 24.733376,
        "activity_lines": [
          20.485284,
          20.528198,
          19.961608,
          19.792578
        ]
      },
      {
        "date": "2025-08-29",
        "close": 20.072235,
        "volume": 6601319,
        "typical_volume": 7210777.45,
        "trend": 19.704676,
        "fair_value": 18.550162,
        "relative_strength": 10.340886,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.219829,
        "energy": 18.967848,
        "activity_lines": [
          20.29515,
          20.50549,
          20.005112,
          19.816261
        ]
      },
      {
        "date": "2025-09-05",
        "close": 20.58363,
        "volume": 9386711,
        "typical_volume": 7510129.35,
        "trend": 19.706113,
        "fair_value": 18.577726,
        "relative_strength": 13.660885,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.825932,
        "energy": 18.79437,
        "activity_lines": [
          20.376449,
          20.539464,
          20.091181,
          19.872968
        ]
      },
      {
        "date": "2025-09-12",
        "close": 21.478571,
        "volume": 12697512,
        "typical_volume": 7930885.45,
        "trend": 19.753789,
        "fair_value": 18.612936,
        "relative_strength": 20.374911,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.592196,
        "energy": 35.69667,
        "activity_lines": [
          20.744916,
          20.704862,
          20.255745,
          19.98732
        ]
      },
      {
        "date": "2025-09-19",
        "close": 22.363676,
        "volume": 10567952,
        "typical_volume": 8235065.7,
        "trend": 19.833493,
        "fair_value": 18.656332,
        "relative_strength": 21.047818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.330762,
        "energy": 59.084472,
        "activity_lines": [
          21.34941,
          20.98899,
          20.494156,
          20.1557
        ]
      },
      {
        "date": "2025-09-26",
        "close": 22.560368,
        "volume": 5111679,
        "typical_volume": 8339375.95,
        "trend": 19.926694,
        "fair_value": 18.701089,
        "relative_strength": 15.992662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.156344,
        "energy": 74.063709,
        "activity_lines": [
          21.862117,
          21.28188,
          20.736178,
          20.331627
        ]
      },
      {
        "date": "2025-10-03",
        "close": 22.280001,
        "volume": 7153872,
        "typical_volume": 8394316.55,
        "trend": 20.024433,
        "fair_value": 18.743144,
        "relative_strength": 12.307557,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.473239,
        "energy": 74.066264,
        "activity_lines": [
          22.151552,
          21.509668,
          20.936175,
          20.483454
        ]
      },
      {
        "date": "2025-10-10",
        "close": 22.6,
        "volume": 5548324,
        "typical_volume": 8403772.4,
        "trend": 20.122737,
        "fair_value": 18.788958,
        "relative_strength": 12.575297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.361121,
        "energy": 80.450824,
        "activity_lines": [
          22.400469,
          21.783034,
          21.152199,
          20.649619
        ]
      },
      {
        "date": "2025-10-17",
        "close": 22.200001,
        "volume": 5819255,
        "typical_volume": 8439990.4,
        "trend": 20.201923,
        "fair_value": 18.833816,
        "relative_strength": 9.130554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.606053,
        "energy": 73.795714,
        "activity_lines": [
          22.381628,
          21.943971,
          21.313054,
          20.783636
        ]
      },
      {
        "date": "2025-10-24",
        "close": 21.65,
        "volume": 3645611,
        "typical_volume": 8441843.55,
        "trend": 20.262133,
        "fair_value": 18.872436,
        "relative_strength": 6.859186,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.27352,
        "energy": 47.803949,
        "activity_lines": [
          22.131358,
          21.975698,
          21.406635,
          20.87706
        ]
      },
      {
        "date": "2025-10-31",
        "close": 21.870001,
        "volume": 2677798,
        "typical_volume": 8414540.5,
        "trend": 20.332247,
        "fair_value": 18.910959,
        "relative_strength": 7.200883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.695779,
        "energy": 38.269173,
        "activity_lines": [
          22.002001,
          22.017487,
          21.507607,
          20.980794
        ]
      },
      {
        "date": "2025-11-07",
        "close": 21.1,
        "volume": 4357506,
        "typical_volume": 8323700.0,
        "trend": 20.409479,
        "fair_value": 18.945651,
        "relative_strength": 6.381537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.073154,
        "energy": 23.522185,
        "activity_lines": [
          21.662,
          21.896424,
          21.518894,
          21.030326
        ]
      },
      {
        "date": "2025-11-14",
        "close": 20.200001,
        "volume": 5013755,
        "typical_volume": 8344186.8,
        "trend": 20.443854,
        "fair_value": 18.977487,
        "relative_strength": 2.751198,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.483582,
        "energy": 18.055811,
        "activity_lines": [
          21.100667,
          21.593037,
          21.430065,
          21.016812
        ]
      },
      {
        "date": "2025-11-21",
        "close": 20.299999,
        "volume": 3923353,
        "typical_volume": 8280461.0,
        "trend": 20.477705,
        "fair_value": 19.011874,
        "relative_strength": 4.526404,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.128427,
        "energy": 24.346542,
        "activity_lines": [
          20.732667,
          21.314808,
          21.344392,
          21.007531
        ]
      },
      {
        "date": "2025-11-28",
        "close": 19.950001,
        "volume": 3809439,
        "typical_volume": 7215040.65,
        "trend": 20.503104,
        "fair_value": 19.043916,
        "relative_strength": 5.99922,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -32.947338,
        "energy": 40.099905,
        "activity_lines": [
          20.374667,
          20.994371,
          21.219946,
          20.973485
        ]
      },
      {
        "date": "2025-12-05",
        "close": 19.9,
        "volume": 2997460,
        "typical_volume": 6552042.25,
        "trend": 20.521693,
        "fair_value": 19.07182,
        "relative_strength": 5.633056,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.018073,
        "energy": 51.110644,
        "activity_lines": [
          20.113334,
          20.708728,
          21.095159,
          20.934575
        ]
      },
      {
        "date": "2025-12-12",
        "close": 19.4,
        "volume": 3239706,
        "typical_volume": 6123554.75,
        "trend": 20.52683,
        "fair_value": 19.095514,
        "relative_strength": 1.958159,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.323904,
        "energy": 67.045332,
        "activity_lines": [
          19.816667,
          20.380546,
          20.931723,
          20.862208
        ]
      },
      {
        "date": "2025-12-19",
        "close": 19.0,
        "volume": 1964756,
        "typical_volume": 5929968.2,
        "trend": 20.526348,
        "fair_value": 19.118051,
        "relative_strength": 2.287085,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -56.217398,
        "energy": 76.996562,
        "activity_lines": [
          19.5,
          20.032,
          20.740604,
          20.763703
        ]
      },
      {
        "date": "2025-12-26",
        "close": 19.139999,
        "volume": 2738224,
        "typical_volume": 5572612.6,
        "trend": 20.528603,
        "fair_value": 19.142791,
        "relative_strength": 2.141401,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.926226,
        "energy": 75.052547,
        "activity_lines": [
          19.31,
          19.774364,
          20.569564,
          20.674261
        ]
      },
      {
        "date": "2026-01-02",
        "close": 19.139999,
        "volume": 2826716,
        "typical_volume": 5348367.75,
        "trend": 20.539859,
        "fair_value": 19.168636,
        "relative_strength": 1.784806,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.18232,
        "energy": 73.962984,
        "activity_lines": [
          19.197333,
          19.572363,
          20.405445,
          20.584674
        ]
      },
      {
        "date": "2026-01-09",
        "close": 19.0,
        "volume": 2978668,
        "typical_volume": 5152980.8,
        "trend": 20.55866,
        "fair_value": 19.195091,
        "relative_strength": 1.653133,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.98761,
        "energy": 81.068048,
        "activity_lines": [
          19.092,
          19.390545,
          20.232104,
          20.485328
        ]
      },
      {
        "date": "2026-01-16",
        "close": 18.83,
        "volume": 4848438,
        "typical_volume": 5065336.75,
        "trend": 20.583799,
        "fair_value": 19.219853,
        "relative_strength": -2.511899,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.51142,
        "energy": 72.331042,
        "activity_lines": [
          18.99,
          19.23,
          20.050254,
          20.373801
        ]
      },
      {
        "date": "2026-01-23",
        "close": 19.52,
        "volume": 3361538,
        "typical_volume": 4764078.1,
        "trend": 20.605713,
        "fair_value": 19.244417,
        "relative_strength": -1.927677,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.48976,
        "energy": 52.981767,
        "activity_lines": [
          19.156,
          19.236182,
          19.940033,
          20.305169
        ]
      },
      {
        "date": "2026-01-30",
        "close": 19.5,
        "volume": 3888446,
        "typical_volume": 4323624.8,
        "trend": 20.617126,
        "fair_value": 19.266944,
        "relative_strength": -4.265372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.41286,
        "energy": 41.780182,
        "activity_lines": [
          19.280667,
          19.251091,
          19.832973,
          20.233833
        ]
      },
      {
        "date": "2026-02-06",
        "close": 18.629999,
        "volume": 4503999,
        "typical_volume": 4020427.15,
        "trend": 20.54217,
        "fair_value": 19.28309,
        "relative_strength": -6.969104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.848538,
        "energy": 51.77352,
        "activity_lines": [
          19.091333,
          19.122363,
          19.652478,
          20.105631
        ]
      },
      {
        "date": "2026-02-13",
        "close": 19.0,
        "volume": 2631355,
        "typical_volume": 3896410.95,
        "trend": 20.449389,
        "fair_value": 19.300305,
        "relative_strength": -5.724132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.237576,
        "energy": 45.436403,
        "activity_lines": [
          19.059333,
          19.084909,
          19.525,
          20.006136
        ]
      },
      {
        "date": "2026-02-20",
        "close": 18.51,
        "volume": 2175934,
        "typical_volume": 3647514.05,
        "trend": 20.34683,
        "fair_value": 19.315213,
        "relative_strength": -5.679882,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.602092,
        "energy": 55.055894,
        "activity_lines": [
          18.864,
          18.974727,
          19.367809,
          19.881014
        ]
      },
      {
        "date": "2026-02-27",
        "close": 18.08,
        "volume": 3313745,
        "typical_volume": 3535785.1,
        "trend": 20.268949,
        "fair_value": 19.32799,
        "relative_strength": -5.878732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.780317,
        "energy": 79.366795,
        "activity_lines": [
          18.546667,
          18.802545,
          19.187619,
          19.734767
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.75,
        "volume": 7323973,
        "typical_volume": 3611021.0,
        "trend": 20.140834,
        "fair_value": 19.331511,
        "relative_strength": -13.268986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -91.311311,
        "energy": 90.051065,
        "activity_lines": [
          17.882,
          18.405273,
          18.902286,
          19.507738
        ]
      },
      {
        "date": "2026-03-13",
        "close": 16.709999,
        "volume": 3604795,
        "typical_volume": 3608980.2,
        "trend": 20.031054,
        "fair_value": 19.33634,
        "relative_strength": -14.274509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.506792,
        "energy": 93.638659,
        "activity_lines": [
          17.387333,
          18.044182,
          18.639095,
          19.286394
        ]
      },
      {
        "date": "2026-03-20",
        "close": 17.030001,
        "volume": 769203,
        "typical_volume": 3513550.45,
        "trend": 19.911616,
        "fair_value": 19.343534,
        "relative_strength": -12.93421,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.309089,
        "energy": 88.786322,
        "activity_lines": [
          17.127333,
          17.785454,
          18.429905,
          19.092778
        ]
      },
      {
        "date": "2026-03-27",
        "close": 17.299999,
        "volume": 2003108,
        "typical_volume": 3395830.55,
        "trend": 19.819208,
        "fair_value": 19.352562,
        "relative_strength": -12.617917,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.64569,
        "energy": 84.560803,
        "activity_lines": [
          17.088666,
          17.611636,
          18.269476,
          18.924286
        ]
      },
      {
        "date": "2026-04-03",
        "close": 17.059999,
        "volume": 4639975,
        "typical_volume": 3377141.55,
        "trend": 19.701754,
        "fair_value": 19.360052,
        "relative_strength": -15.054896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.320632,
        "energy": 68.229871,
        "activity_lines": [
          17.050666,
          17.422,
          18.104285,
          18.746273
        ]
      },
      {
        "date": "2026-04-10",
        "close": 17.35,
        "volume": 3398489,
        "typical_volume": 3350898.35,
        "trend": 19.564135,
        "fair_value": 19.367628,
        "relative_strength": -14.084673,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.80415,
        "energy": 55.973164,
        "activity_lines": [
          17.177333,
          17.329818,
          17.981666,
          18.594547
        ]
      },
      {
        "date": "2026-04-17",
        "close": 17.549999,
        "volume": 2450217,
        "typical_volume": 3282937.25,
        "trend": 19.403679,
        "fair_value": 19.37388,
        "relative_strength": -14.551812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.463472,
        "energy": 43.333377,
        "activity_lines": [
          17.330666,
          17.31309,
          17.892143,
          18.464603
        ]
      },
      {
        "date": "2026-04-24",
        "close": 17.549999,
        "volume": 3630716,
        "typical_volume": 3314600.05,
        "trend": 19.236667,
        "fair_value": 19.374382,
        "relative_strength": -11.075202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.987169,
        "energy": 38.123425,
        "activity_lines": [
          17.427999,
          17.315999,
          17.814047,
          18.34501
        ]
      },
      {
        "date": "2026-05-01",
        "close": 17.549999,
        "volume": 2497272,
        "typical_volume": 3277478.35,
        "trend": 19.079,
        "fair_value": 19.373246,
        "relative_strength": -11.606253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.613308,
        "energy": 30.881559,
        "activity_lines": [
          17.490666,
          17.345272,
          17.747142,
          18.236193
        ]
      },
      {
        "date": "2026-05-08",
        "close": 17.1,
        "volume": 3304695,
        "typical_volume": 3344475.3,
        "trend": 18.895667,
        "fair_value": 19.367586,
        "relative_strength": -12.508094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.655555,
        "energy": 34.580616,
        "activity_lines": [
          17.386666,
          17.310181,
          17.64619,
          18.108516
        ]
      },
      {
        "date": "2026-05-15",
        "close": 17.1,
        "volume": 2971095,
        "typical_volume": 3356118.85,
        "trend": 18.725666,
        "fair_value": 19.358648,
        "relative_strength": -12.107595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.862503,
        "energy": 39.735733,
        "activity_lines": [
          17.28,
          17.292909,
          17.554285,
          17.992666
        ]
      },
      {
        "date": "2026-05-22",
        "close": 16.799999,
        "volume": 5711313,
        "typical_volume": 3500348.7,
        "trend": 18.564,
        "fair_value": 19.348224,
        "relative_strength": -13.735944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.2144,
        "energy": 47.224005,
        "activity_lines": [
          17.089999,
          17.214727,
          17.443523,
          17.86843
        ]
      },
      {
        "date": "2026-05-29",
        "close": 16.799999,
        "volume": 0,
        "typical_volume": 3351415.3,
        "trend": 18.395,
        "fair_value": 19.343373,
        "relative_strength": -13.536434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.319562,
        "energy": 53.228964,
        "activity_lines": [
          16.949999,
          17.134908,
          17.343904,
          17.754623
        ]
      },
      {
        "date": "2026-06-05",
        "close": 16.780001,
        "volume": 2960843,
        "typical_volume": 3257035.55,
        "trend": 18.251,
        "fair_value": 19.336754,
        "relative_strength": -13.175613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.139102,
        "energy": 74.609917,
        "activity_lines": [
          16.853333,
          17.055636,
          17.252857,
          17.65043
        ]
      },
      {
        "date": "2026-06-12",
        "close": 16.82,
        "volume": 3273566,
        "typical_volume": 3252636.95,
        "trend": 18.138333,
        "fair_value": 19.327551,
        "relative_strength": -13.206806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.523001,
        "energy": 73.421099,
        "activity_lines": [
          16.821333,
          16.993091,
          17.175381,
          17.558107
        ]
      },
      {
        "date": "2026-06-19",
        "close": 17.15,
        "volume": 2481975,
        "typical_volume": 3182313.4,
        "trend": 18.033333,
        "fair_value": 19.322867,
        "relative_strength": -11.977782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.119444,
        "energy": 53.449524,
        "activity_lines": [
          16.918,
          16.994909,
          17.14219,
          17.494344
        ]
      },
      {
        "date": "2026-06-26",
        "close": 17.120001,
        "volume": 2288497,
        "typical_volume": 3071538.3,
        "trend": 17.939,
        "fair_value": 19.317991,
        "relative_strength": -10.485715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.769566,
        "energy": 35.59096,
        "activity_lines": [
          17.001334,
          16.994909,
          17.117333,
          17.435419
        ]
      },
      {
        "date": "2026-07-03",
        "close": 17.15,
        "volume": 2250647,
        "typical_volume": 3052502.9,
        "trend": 17.847333,
        "fair_value": 19.305768,
        "relative_strength": -9.329529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.817145,
        "energy": 26.494214,
        "activity_lines": [
          17.073334,
          17.008182,
          17.102524,
          17.384516
        ]
      },
      {
        "date": "2026-07-10",
        "close": 17.32,
        "volume": 1957351,
        "typical_volume": 3041573.75,
        "trend": 17.778,
        "fair_value": 19.295508,
        "relative_strength": -8.021481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.085878,
        "energy": 20.687183,
        "activity_lines": [
          17.178667,
          17.059636,
          17.112714,
          17.350494
        ]
      },
      {
        "date": "2026-07-17",
        "close": 16.74,
        "volume": 2634237,
        "typical_volume": 3007598.35,
        "trend": 17.702666,
        "fair_value": 19.274975,
        "relative_strength": -9.955616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.703277,
        "energy": 25.669486,
        "activity_lines": [
          17.054667,
          17.009818,
          17.073333,
          17.283527
        ]
      },
      {
        "date": "2026-07-24",
        "close": 16.200001,
        "volume": 1517588,
        "typical_volume": 2717279.1,
        "trend": 17.604666,
        "fair_value": 19.254477,
        "relative_strength": -12.993725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.974383,
        "energy": 46.4054,
        "activity_lines": [
          16.756,
          16.868364,
          16.988905,
          17.186581
        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.57,
        "volume": 2187862,
        "typical_volume": 2646432.45,
        "trend": 17.485666,
        "fair_value": 19.224805,
        "relative_strength": -14.320365,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.338659,
        "energy": 80.273521,
        "activity_lines": [
          16.310667,
          16.628728,
          16.847095,
          17.055312
        ]
      },
      {
        "date": "2026-08-07",
        "close": 15.99,
        "volume": 2600910,
        "typical_volume": 2738017.8,
        "trend": 17.385333,
        "fair_value": 19.196881,
        "relative_strength": -13.658755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.402283,
        "energy": 81.72124,
        "activity_lines": [
          16.108667,
          16.487818,
          16.750714,
          16.958817
        ]
      }
    ],
    "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."
    }
  }
}