{
  "ticker": {
    "uuid": "500557b3-f2b6-4ae7-bbb2-f39042f18f14",
    "symbol": "8071",
    "name": "ABICO NetCom Co.,Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "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": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 50.244,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 24.686,
    "architecture_energy": 23.766,
    "architecture_maturity": 74.134,
    "architecture_confidence": 78.687,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 46.68,
        "rotation_up": 18.25,
        "upward_expansion": 52.2,
        "deceleration": 93.95,
        "rotation_down": 38.18,
        "downward_expansion": 20.53
      },
      "activity_lines": [
        23.243334,
        25.203636,
        24.089524,
        22.404839
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 24.4,
    "trend_reference": 20.518333,
    "distance_from_trend": 0.18918,
    "trend_direction": "Improving",
    "fair_value": 18.493133,
    "distance_from_fair_value": 0.319409,
    "fair_value_direction": "Improving",
    "relative_strength": -9.444486,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.418605,
    "excess_performance": -0.022767,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.18918,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.161415,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.319409,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.241809,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.094445,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.185804,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.418605,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.585388,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6311233,
      "relative_activity": 0.48231,
      "balance": 2.585388,
      "dry_up": 0.437275,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.195776,
      "annualized_volatility": 0.57036,
      "from_high_reference": -0.304843,
      "from_low_reference": 0.6
    },
    "levels": {
      "trend_reference": 20.518333,
      "fair_value_reference": 18.493133,
      "structural_low": 15.25,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": -0.01173,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.047466,
        "regime_survival": 0.4,
        "best_return": 0.555985,
        "worst_return": -0.105386,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.208211,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.268937,
        "regime_survival": 0.0,
        "best_return": 0.428571,
        "worst_return": 0.109589,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.014789,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.05635,
        "regime_survival": 0.333333,
        "best_return": 0.301158,
        "worst_return": -0.084475,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.070181,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.076398,
        "regime_survival": 0.0,
        "best_return": 0.281916,
        "worst_return": -0.141553,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-17",
        "end": "2024-09-20",
        "tenure": "Established",
        "return": 0.165375,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-27",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.123288,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-22",
        "end": "2024-12-06",
        "tenure": "New",
        "return": -0.005236,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2024-12-27",
        "tenure": "New",
        "return": 0.246154,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-01-03",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.067285,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-17",
        "end": "2025-04-18",
        "tenure": "Established",
        "return": -0.18287,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": 0.013889,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-22",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.024193,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-26",
        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.06599,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-17",
        "end": "2026-02-27",
        "tenure": "Established",
        "return": -0.041899,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-06",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": 0.15896,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-29",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.002347,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.144898,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.053996,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 15.11271,
        "volume": 768000,
        "typical_volume": 2343900.0,
        "trend": 14.66062,
        "fair_value": 13.514504,
        "relative_strength": -7.308872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.285639,
        "energy": 38.7816,
        "activity_lines": [
          15.526048,
          15.326718,
          14.897505,
          14.788434
        ]
      },
      {
        "date": "2023-08-18",
        "close": 15.11271,
        "volume": 938000,
        "typical_volume": 2331050.0,
        "trend": 14.697756,
        "fair_value": 13.542913,
        "relative_strength": -5.649907,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.185583,
        "energy": 24.717182,
        "activity_lines": [
          15.341983,
          15.345213,
          14.93764,
          14.817601
        ]
      },
      {
        "date": "2023-08-25",
        "close": 15.25,
        "volume": 817000,
        "typical_volume": 2338900.0,
        "trend": 14.734624,
        "fair_value": 13.571924,
        "relative_strength": -4.946667,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.099372,
        "energy": 17.184108,
        "activity_lines": [
          15.25212,
          15.369294,
          14.98739,
          14.85323
        ]
      },
      {
        "date": "2023-09-01",
        "close": 15.4,
        "volume": 613000,
        "typical_volume": 2311150.0,
        "trend": 14.771649,
        "fair_value": 13.602175,
        "relative_strength": -4.375382,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.411733,
        "energy": 17.024219,
        "activity_lines": [
          15.26123,
          15.399657,
          15.048696,
          14.896157
        ]
      },
      {
        "date": "2023-09-08",
        "close": 15.2,
        "volume": 546000,
        "typical_volume": 2289150.0,
        "trend": 14.802007,
        "fair_value": 13.629203,
        "relative_strength": -4.65414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.556359,
        "energy": 16.073919,
        "activity_lines": [
          15.245875,
          15.369058,
          15.088433,
          14.923793
        ]
      },
      {
        "date": "2023-09-15",
        "close": 15.2,
        "volume": 850000,
        "typical_volume": 2312950.0,
        "trend": 14.808146,
        "fair_value": 13.652959,
        "relative_strength": -6.120311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 32.977833,
        "energy": 15.924783,
        "activity_lines": [
          15.240847,
          15.314854,
          15.124756,
          14.94947
        ]
      },
      {
        "date": "2023-09-22",
        "close": 15.3,
        "volume": 1300000,
        "typical_volume": 2348600.0,
        "trend": 14.816003,
        "fair_value": 13.678508,
        "relative_strength": -1.805037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.032178,
        "energy": 16.052248,
        "activity_lines": [
          15.263333,
          15.287814,
          15.166496,
          14.981202
        ]
      },
      {
        "date": "2023-09-29",
        "close": 15.05,
        "volume": 396000,
        "typical_volume": 2342700.0,
        "trend": 14.820371,
        "fair_value": 13.704469,
        "relative_strength": -3.063263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.585296,
        "energy": 12.999891,
        "activity_lines": [
          15.19,
          15.225124,
          15.180767,
          14.996299
        ]
      },
      {
        "date": "2023-10-06",
        "close": 14.9,
        "volume": 447000,
        "typical_volume": 2332700.0,
        "trend": 14.810052,
        "fair_value": 13.728318,
        "relative_strength": -4.628846,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.476265,
        "energy": 9.071662,
        "activity_lines": [
          15.08,
          15.152154,
          15.17713,
          15.001436
        ]
      },
      {
        "date": "2023-10-13",
        "close": 14.9,
        "volume": 309000,
        "typical_volume": 2323350.0,
        "trend": 14.819108,
        "fair_value": 13.756195,
        "relative_strength": -5.752887,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.938939,
        "energy": 9.133219,
        "activity_lines": [
          15.003333,
          15.099784,
          15.169892,
          15.007239
        ]
      },
      {
        "date": "2023-10-20",
        "close": 14.4,
        "volume": 602000,
        "typical_volume": 2329050.0,
        "trend": 14.817955,
        "fair_value": 13.779716,
        "relative_strength": -6.72224,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.425839,
        "energy": 34.339919,
        "activity_lines": [
          14.78,
          14.964777,
          15.110282,
          14.9802
        ]
      },
      {
        "date": "2023-10-27",
        "close": 14.4,
        "volume": 392000,
        "typical_volume": 2315550.0,
        "trend": 14.818417,
        "fair_value": 13.80295,
        "relative_strength": -4.666292,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.637682,
        "energy": 49.412358,
        "activity_lines": [
          14.61,
          14.842727,
          15.049222,
          14.953235
        ]
      },
      {
        "date": "2023-11-03",
        "close": 14.15,
        "volume": 768000,
        "typical_volume": 2329550.0,
        "trend": 14.800858,
        "fair_value": 13.825732,
        "relative_strength": -7.953552,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.269796,
        "energy": 61.628287,
        "activity_lines": [
          14.416667,
          14.688182,
          14.962672,
          14.910112
        ]
      },
      {
        "date": "2023-11-10",
        "close": 14.0,
        "volume": 374000,
        "typical_volume": 2333950.0,
        "trend": 14.771841,
        "fair_value": 13.847552,
        "relative_strength": -9.381578,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.323767,
        "energy": 67.88181,
        "activity_lines": [
          14.233333,
          14.526364,
          14.861577,
          14.858443
        ]
      },
      {
        "date": "2023-11-17",
        "close": 14.0,
        "volume": 559000,
        "typical_volume": 2351750.0,
        "trend": 14.755741,
        "fair_value": 13.870812,
        "relative_strength": -11.774373,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.145061,
        "energy": 71.173196,
        "activity_lines": [
          14.11,
          14.39,
          14.760706,
          14.808647
        ]
      },
      {
        "date": "2023-11-24",
        "close": 14.1,
        "volume": 691000,
        "typical_volume": 2118900.0,
        "trend": 14.747817,
        "fair_value": 13.895576,
        "relative_strength": -11.109471,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.366236,
        "energy": 66.336371,
        "activity_lines": [
          14.08,
          14.293636,
          14.66889,
          14.766341
        ]
      },
      {
        "date": "2023-12-01",
        "close": 14.15,
        "volume": 552000,
        "typical_volume": 1257400.0,
        "trend": 14.735102,
        "fair_value": 13.919222,
        "relative_strength": -11.234425,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.236623,
        "energy": 68.297744,
        "activity_lines": [
          14.086667,
          14.226364,
          14.589427,
          14.727772
        ]
      },
      {
        "date": "2023-12-08",
        "close": 14.7,
        "volume": 6147000,
        "typical_volume": 1106850.0,
        "trend": 14.748794,
        "fair_value": 13.945817,
        "relative_strength": -7.175792,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -45.582758,
        "energy": 32.785577,
        "activity_lines": [
          14.293333,
          14.28,
          14.57039,
          14.725508
        ]
      },
      {
        "date": "2023-12-15",
        "close": 14.6,
        "volume": 820000,
        "typical_volume": 958350.0,
        "trend": 14.763996,
        "fair_value": 13.970908,
        "relative_strength": -8.995303,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -38.127316,
        "energy": 21.051877,
        "activity_lines": [
          14.43,
          14.321818,
          14.547945,
          14.715908
        ]
      },
      {
        "date": "2023-12-22",
        "close": 14.35,
        "volume": 428000,
        "typical_volume": 915850.0,
        "trend": 14.778937,
        "fair_value": 13.992958,
        "relative_strength": -9.724847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.35587,
        "energy": 20.960838,
        "activity_lines": [
          14.443333,
          14.323636,
          14.508515,
          14.689199
        ]
      },
      {
        "date": "2023-12-29",
        "close": 14.45,
        "volume": 251000,
        "typical_volume": 890000.0,
        "trend": 14.790753,
        "fair_value": 14.018239,
        "relative_strength": -10.35885,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.284884,
        "energy": 21.570514,
        "activity_lines": [
          14.466667,
          14.353636,
          14.483394,
          14.667977
        ]
      },
      {
        "date": "2024-01-05",
        "close": 14.6,
        "volume": 340000,
        "typical_volume": 860100.0,
        "trend": 14.809184,
        "fair_value": 14.044193,
        "relative_strength": -6.947027,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.319624,
        "energy": 17.665304,
        "activity_lines": [
          14.516667,
          14.41,
          14.475714,
          14.65567
        ]
      },
      {
        "date": "2024-01-12",
        "close": 14.15,
        "volume": 345000,
        "typical_volume": 836500.0,
        "trend": 14.811001,
        "fair_value": 14.065536,
        "relative_strength": -9.427081,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.292957,
        "energy": 23.075354,
        "activity_lines": [
          14.386667,
          14.380909,
          14.427619,
          14.613142
        ]
      },
      {
        "date": "2024-01-19",
        "close": 13.85,
        "volume": 556001,
        "typical_volume": 833650.05,
        "trend": 14.804432,
        "fair_value": 14.08438,
        "relative_strength": -11.887305,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -65.84352,
        "energy": 38.946002,
        "activity_lines": [
          14.193333,
          14.297273,
          14.35619,
          14.551142
        ]
      },
      {
        "date": "2024-01-26",
        "close": 14.45,
        "volume": 4101000,
        "typical_volume": 1011400.05,
        "trend": 14.822707,
        "fair_value": 14.107647,
        "relative_strength": -9.389169,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.551827,
        "energy": 27.379184,
        "activity_lines": [
          14.25,
          14.325455,
          14.349286,
          14.528276
        ]
      },
      {
        "date": "2024-02-02",
        "close": 14.8,
        "volume": 14462000,
        "typical_volume": 1692000.05,
        "trend": 14.792908,
        "fair_value": 14.132293,
        "relative_strength": -7.334249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.25322,
        "energy": 10.240725,
        "activity_lines": [
          14.416667,
          14.409091,
          14.379286,
          14.526811
        ]
      },
      {
        "date": "2024-02-09",
        "close": 14.45,
        "volume": 430000,
        "typical_volume": 1648500.05,
        "trend": 14.746598,
        "fair_value": 14.157574,
        "relative_strength": -9.473585,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.034245,
        "energy": 9.549958,
        "activity_lines": [
          14.443333,
          14.416364,
          14.377857,
          14.504688
        ]
      },
      {
        "date": "2024-02-16",
        "close": 14.8,
        "volume": 622000,
        "typical_volume": 1659800.05,
        "trend": 14.707112,
        "fair_value": 14.185386,
        "relative_strength": -9.483444,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.520678,
        "energy": 10.969505,
        "activity_lines": [
          14.596667,
          14.481818,
          14.41381,
          14.508133
        ]
      },
      {
        "date": "2024-02-23",
        "close": 14.8,
        "volume": 1336000,
        "typical_volume": 1704250.05,
        "trend": 14.666011,
        "fair_value": 14.213774,
        "relative_strength": -10.465853,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.838865,
        "energy": 16.560167,
        "activity_lines": [
          14.706667,
          14.545455,
          14.450952,
          14.514126
        ]
      },
      {
        "date": "2024-03-01",
        "close": 14.8,
        "volume": 515000,
        "typical_volume": 1714550.05,
        "trend": 14.647514,
        "fair_value": 14.241586,
        "relative_strength": -10.34355,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.948883,
        "energy": 22.50693,
        "activity_lines": [
          14.753333,
          14.605455,
          14.488571,
          14.52277
        ]
      },
      {
        "date": "2024-03-08",
        "close": 14.8,
        "volume": 5759000,
        "typical_volume": 1972400.05,
        "trend": 14.63709,
        "fair_value": 14.267959,
        "relative_strength": -13.751926,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.124027,
        "energy": 23.830219,
        "activity_lines": [
          14.776667,
          14.657273,
          14.526667,
          14.532608
        ]
      },
      {
        "date": "2024-03-15",
        "close": 14.4,
        "volume": 800000,
        "typical_volume": 1992800.05,
        "trend": 14.613333,
        "fair_value": 14.291192,
        "relative_strength": -15.240469,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.942395,
        "energy": 10.416265,
        "activity_lines": [
          14.666667,
          14.63,
          14.524762,
          14.517312
        ]
      },
      {
        "date": "2024-03-22",
        "close": 14.4,
        "volume": 177000,
        "typical_volume": 1963250.05,
        "trend": 14.585,
        "fair_value": 14.314426,
        "relative_strength": -17.167883,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.742859,
        "energy": 1.841837,
        "activity_lines": [
          14.56,
          14.606364,
          14.522857,
          14.503548
        ]
      },
      {
        "date": "2024-03-29",
        "close": 14.15,
        "volume": 343000,
        "typical_volume": 1961700.05,
        "trend": 14.543333,
        "fair_value": 14.335193,
        "relative_strength": -18.488833,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.364795,
        "energy": 17.061165,
        "activity_lines": [
          14.396667,
          14.532727,
          14.495952,
          14.475484
        ]
      },
      {
        "date": "2024-04-05",
        "close": 14.25,
        "volume": 192000,
        "typical_volume": 1943350.05,
        "trend": 14.511667,
        "fair_value": 14.352572,
        "relative_strength": -17.66845,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.579271,
        "energy": 23.356104,
        "activity_lines": [
          14.31,
          14.471818,
          14.477857,
          14.456559
        ]
      },
      {
        "date": "2024-04-12",
        "close": 14.7,
        "volume": 1110000,
        "typical_volume": 1964300.05,
        "trend": 14.495,
        "fair_value": 14.375139,
        "relative_strength": -16.277611,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.374291,
        "energy": 8.541589,
        "activity_lines": [
          14.41,
          14.496364,
          14.501429,
          14.46871
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.95,
        "volume": 660000,
        "typical_volume": 1969700.05,
        "trend": 14.45,
        "fair_value": 14.389156,
        "relative_strength": -15.216462,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -29.15323,
        "energy": 21.813077,
        "activity_lines": [
          14.266667,
          14.386364,
          14.450714,
          14.433548
        ]
      },
      {
        "date": "2024-04-26",
        "close": 14.05,
        "volume": 349000,
        "typical_volume": 1679800.05,
        "trend": 14.416667,
        "fair_value": 14.397482,
        "relative_strength": -16.704974,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.839847,
        "energy": 29.0414,
        "activity_lines": [
          14.186667,
          14.303636,
          14.410476,
          14.407742
        ]
      },
      {
        "date": "2024-05-03",
        "close": 14.55,
        "volume": 1172000,
        "typical_volume": 1697400.05,
        "trend": 14.405,
        "fair_value": 14.412467,
        "relative_strength": -14.209265,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.301475,
        "energy": 5.177816,
        "activity_lines": [
          14.296667,
          14.325455,
          14.420952,
          14.416344
        ]
      },
      {
        "date": "2024-05-10",
        "close": 15.05,
        "volume": 2927000,
        "typical_volume": 1822350.05,
        "trend": 14.41,
        "fair_value": 14.428067,
        "relative_strength": -12.489724,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 43.190745,
        "energy": 17.919275,
        "activity_lines": [
          14.546667,
          14.442727,
          14.479286,
          14.457957
        ]
      },
      {
        "date": "2024-05-17",
        "close": 19.35,
        "volume": 22272000,
        "typical_volume": 2923400.05,
        "trend": 14.575,
        "fair_value": 14.47526,
        "relative_strength": 9.513461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.765145,
        "energy": 84.239301,
        "activity_lines": [
          16.176667,
          15.337273,
          14.94381,
          14.776667
        ]
      },
      {
        "date": "2024-05-24",
        "close": 21.35,
        "volume": 80151000,
        "typical_volume": 6913950.05,
        "trend": 14.806667,
        "fair_value": 14.54362,
        "relative_strength": 18.707479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.058107,
        "energy": 95.083016,
        "activity_lines": [
          18.163333,
          16.512727,
          15.575476,
          15.213763
        ]
      },
      {
        "date": "2024-05-31",
        "close": 19.9,
        "volume": 5912000,
        "typical_volume": 7192300.05,
        "trend": 14.998333,
        "fair_value": 14.600096,
        "relative_strength": 12.439929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.948405,
        "energy": 91.633259,
        "activity_lines": [
          19.173333,
          17.298182,
          16.036905,
          15.542366
        ]
      },
      {
        "date": "2024-06-07",
        "close": 19.0,
        "volume": 7271000,
        "typical_volume": 7528050.0,
        "trend": 15.165,
        "fair_value": 14.648499,
        "relative_strength": 3.90519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.049726,
        "energy": 88.2996,
        "activity_lines": [
          19.493333,
          17.82,
          16.385238,
          15.800538
        ]
      },
      {
        "date": "2024-06-14",
        "close": 19.200001,
        "volume": 18110000,
        "typical_volume": 8228500.0,
        "trend": 15.338333,
        "fair_value": 14.698185,
        "relative_strength": 1.894658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.725193,
        "energy": 80.066961,
        "activity_lines": [
          19.583334,
          18.29,
          16.728095,
          16.06086
        ]
      },
      {
        "date": "2024-06-21",
        "close": 18.049999,
        "volume": 6411000,
        "typical_volume": 7825950.0,
        "trend": 15.47,
        "fair_value": 14.739059,
        "relative_strength": -7.206552,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.837411,
        "energy": 51.454379,
        "activity_lines": [
          19.013333,
          18.460909,
          16.93881,
          16.235806
        ]
      },
      {
        "date": "2024-06-28",
        "close": 19.0,
        "volume": 8190000,
        "typical_volume": 8213950.0,
        "trend": 15.631667,
        "fair_value": 14.786599,
        "relative_strength": -1.391868,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.244104,
        "energy": 42.622895,
        "activity_lines": [
          18.846667,
          18.743636,
          17.224524,
          16.463548
        ]
      },
      {
        "date": "2024-07-05",
        "close": 24.200001,
        "volume": 64566000,
        "typical_volume": 11411150.0,
        "trend": 15.948333,
        "fair_value": 14.868048,
        "relative_strength": 22.559042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.78889,
        "energy": 59.417841,
        "activity_lines": [
          20.57,
          19.88,
          17.98381,
          17.016344
        ]
      },
      {
        "date": "2024-07-12",
        "close": 22.450001,
        "volume": 48302000,
        "typical_volume": 13759450.0,
        "trend": 16.21,
        "fair_value": 14.938567,
        "relative_strength": 11.926216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.620633,
        "energy": 54.364452,
        "activity_lines": [
          21.423334,
          20.513637,
          18.531667,
          17.435807
        ]
      },
      {
        "date": "2024-07-19",
        "close": 20.85,
        "volume": 11825000,
        "typical_volume": 14324950.0,
        "trend": 16.426667,
        "fair_value": 14.995951,
        "relative_strength": 8.778363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.545545,
        "energy": 50.80532,
        "activity_lines": [
          21.513334,
          20.712728,
          18.890714,
          17.735161
        ]
      },
      {
        "date": "2024-07-26",
        "close": 19.700001,
        "volume": 3076000,
        "typical_volume": 14190800.0,
        "trend": 16.601667,
        "fair_value": 15.047691,
        "relative_strength": 6.352868,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.613007,
        "energy": 46.284489,
        "activity_lines": [
          21.110001,
          20.597273,
          19.111429,
          17.946344
        ]
      },
      {
        "date": "2024-08-02",
        "close": 22.4,
        "volume": 16358000,
        "typical_volume": 14968700.0,
        "trend": 16.861667,
        "fair_value": 15.11645,
        "relative_strength": 23.268114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.3535,
        "energy": 41.6507,
        "activity_lines": [
          21.496667,
          20.966364,
          19.565953,
          18.32043
        ]
      },
      {
        "date": "2024-08-09",
        "close": 22.549999,
        "volume": 19484000,
        "typical_volume": 15934050.0,
        "trend": 17.141667,
        "fair_value": 15.186459,
        "relative_strength": 24.6712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.907268,
        "energy": 36.201986,
        "activity_lines": [
          21.706667,
          21.343637,
          19.996667,
          18.687419
        ]
      },
      {
        "date": "2024-08-16",
        "close": 22.6,
        "volume": 37368000,
        "typical_volume": 17785300.0,
        "trend": 17.433333,
        "fair_value": 15.258227,
        "relative_strength": 19.783602,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.255298,
        "energy": 36.385866,
        "activity_lines": [
          22.043333,
          21.681818,
          20.393333,
          19.03957
        ]
      },
      {
        "date": "2024-08-23",
        "close": 24.65,
        "volume": 41928000,
        "typical_volume": 19872100.0,
        "trend": 17.773333,
        "fair_value": 15.34659,
        "relative_strength": 31.217233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.887722,
        "energy": 46.988072,
        "activity_lines": [
          23.053333,
          22.327273,
          20.945,
          19.505161
        ]
      },
      {
        "date": "2024-08-30",
        "close": 23.4,
        "volume": 18197000,
        "typical_volume": 20726450.0,
        "trend": 18.06,
        "fair_value": 15.428667,
        "relative_strength": 23.595486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.170059,
        "energy": 44.12309,
        "activity_lines": [
          23.393333,
          22.646364,
          21.328095,
          19.868172
        ]
      },
      {
        "date": "2024-09-06",
        "close": 23.15,
        "volume": 22649000,
        "typical_volume": 21825900.0,
        "trend": 18.35,
        "fair_value": 15.509154,
        "relative_strength": 26.559583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.822988,
        "energy": 42.941276,
        "activity_lines": [
          23.403333,
          22.822727,
          21.645952,
          20.196559
        ]
      },
      {
        "date": "2024-09-13",
        "close": 21.700001,
        "volume": 8491000,
        "typical_volume": 22233000.0,
        "trend": 18.58,
        "fair_value": 15.579761,
        "relative_strength": 16.60354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.795654,
        "energy": 34.820667,
        "activity_lines": [
          22.88,
          22.66,
          21.781905,
          20.412688
        ]
      },
      {
        "date": "2024-09-20",
        "close": 22.549999,
        "volume": 10638000,
        "typical_volume": 22706300.0,
        "trend": 18.838333,
        "fair_value": 15.656109,
        "relative_strength": 18.767222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.814065,
        "energy": 23.710972,
        "activity_lines": [
          22.696667,
          22.697273,
          21.962381,
          20.668817
        ]
      },
      {
        "date": "2024-09-27",
        "close": 21.9,
        "volume": 4572000,
        "typical_volume": 22788550.0,
        "trend": 19.075,
        "fair_value": 15.729168,
        "relative_strength": 11.892523,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.295324,
        "energy": 18.091502,
        "activity_lines": [
          22.3,
          22.614545,
          22.042857,
          20.866344
        ]
      },
      {
        "date": "2024-10-04",
        "close": 20.799999,
        "volume": 1824000,
        "typical_volume": 21766150.0,
        "trend": 19.275,
        "fair_value": 15.794591,
        "relative_strength": 8.675661,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.420918,
        "energy": 15.84866,
        "activity_lines": [
          21.72,
          22.312727,
          21.985952,
          20.977634
        ]
      },
      {
        "date": "2024-10-11",
        "close": 20.35,
        "volume": 1867000,
        "typical_volume": 17851950.0,
        "trend": 19.473333,
        "fair_value": 15.853324,
        "relative_strength": 3.542127,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.762694,
        "energy": 13.088271,
        "activity_lines": [
          21.163333,
          21.909091,
          21.879286,
          21.046989
        ]
      },
      {
        "date": "2024-10-18",
        "close": 21.75,
        "volume": 7534000,
        "typical_volume": 17933050.0,
        "trend": 19.718333,
        "fair_value": 15.922495,
        "relative_strength": 7.784949,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.823001,
        "energy": 11.632612,
        "activity_lines": [
          21.26,
          21.797273,
          21.910714,
          21.193871
        ]
      },
      {
        "date": "2024-10-25",
        "close": 21.35,
        "volume": 4581000,
        "typical_volume": 17798550.0,
        "trend": 19.958333,
        "fair_value": 15.986175,
        "relative_strength": 6.37957,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.91534,
        "energy": 11.083945,
        "activity_lines": [
          21.22,
          21.627273,
          21.895238,
          21.29914
        ]
      },
      {
        "date": "2024-11-01",
        "close": 19.85,
        "volume": 2761000,
        "typical_volume": 17031100.0,
        "trend": 20.145,
        "fair_value": 16.04141,
        "relative_strength": 1.341129,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.646711,
        "energy": 9.28268,
        "activity_lines": [
          20.76,
          21.207273,
          21.725714,
          21.292151
        ]
      },
      {
        "date": "2024-11-08",
        "close": 19.799999,
        "volume": 1516000,
        "typical_volume": 16786350.0,
        "trend": 20.315,
        "fair_value": 16.091934,
        "relative_strength": -2.238223,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -2.777019,
        "energy": 19.892085,
        "activity_lines": [
          20.42,
          20.865454,
          21.548333,
          21.269892
        ]
      },
      {
        "date": "2024-11-15",
        "close": 19.200001,
        "volume": 1939000,
        "typical_volume": 16473800.0,
        "trend": 20.49,
        "fair_value": 16.138904,
        "relative_strength": -1.887025,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.634816,
        "energy": 41.313004,
        "activity_lines": [
          19.946667,
          20.48,
          21.305476,
          21.197957
        ]
      },
      {
        "date": "2024-11-22",
        "close": 19.1,
        "volume": 905317,
        "typical_volume": 13290765.85,
        "trend": 20.658333,
        "fair_value": 16.187576,
        "relative_strength": -3.126031,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.817344,
        "energy": 52.940086,
        "activity_lines": [
          19.516667,
          20.148182,
          21.052143,
          21.10828
        ]
      },
      {
        "date": "2024-11-29",
        "close": 18.75,
        "volume": 916000,
        "typical_volume": 10921465.85,
        "trend": 20.798333,
        "fair_value": 16.234296,
        "relative_strength": -2.226804,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.319681,
        "energy": 56.261745,
        "activity_lines": [
          19.146667,
          19.8,
          20.789762,
          20.985161
        ]
      },
      {
        "date": "2024-12-06",
        "close": 19.0,
        "volume": 836000,
        "typical_volume": 10372015.85,
        "trend": 20.93,
        "fair_value": 16.284082,
        "relative_strength": -4.843128,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.098986,
        "energy": 67.500903,
        "activity_lines": [
          19.033333,
          19.566364,
          20.568809,
          20.86914
        ]
      },
      {
        "date": "2024-12-13",
        "close": 19.5,
        "volume": 2125000,
        "typical_volume": 10324465.85,
        "trend": 20.935,
        "fair_value": 16.337659,
        "relative_strength": -1.652088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.612899,
        "energy": 59.079821,
        "activity_lines": [
          19.143333,
          19.476364,
          20.404286,
          20.776882
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.0,
        "volume": 31653000,
        "typical_volume": 11089215.85,
        "trend": 20.956667,
        "fair_value": 16.402871,
        "relative_strength": 13.063085,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.558378,
        "energy": 15.970421,
        "activity_lines": [
          20.106667,
          19.864545,
          20.478809,
          20.845591
        ]
      },
      {
        "date": "2024-12-27",
        "close": 24.299999,
        "volume": 65175000,
        "typical_volume": 13373765.85,
        "trend": 21.103333,
        "fair_value": 16.483119,
        "relative_strength": 20.14,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 23.124656,
        "energy": 26.030612,
        "activity_lines": [
          21.65,
          20.640909,
          20.774286,
          21.06129
        ]
      },
      {
        "date": "2025-01-03",
        "close": 21.549999,
        "volume": 23398000,
        "typical_volume": 12675265.85,
        "trend": 21.188333,
        "fair_value": 16.536958,
        "relative_strength": 7.996027,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 11.510611,
        "energy": 24.57341,
        "activity_lines": [
          21.929999,
          20.870909,
          20.799524,
          21.090107
        ]
      },
      {
        "date": "2025-01-10",
        "close": 20.1,
        "volume": 7946000,
        "typical_volume": 10976165.85,
        "trend": 21.218333,
        "fair_value": 16.571549,
        "relative_strength": 0.13141,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 2.73669,
        "energy": 18.657818,
        "activity_lines": [
          21.54,
          20.833636,
          20.691666,
          21.019892
        ]
      },
      {
        "date": "2025-01-17",
        "close": 21.6,
        "volume": 9711000,
        "typical_volume": 10551865.85,
        "trend": 21.336667,
        "fair_value": 16.592045,
        "relative_strength": 6.618536,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.632419,
        "energy": 18.201989,
        "activity_lines": [
          21.576666,
          21.064545,
          20.748333,
          21.044516
        ]
      },
      {
        "date": "2025-01-24",
        "close": 20.15,
        "volume": 5834000,
        "typical_volume": 9711115.85,
        "trend": 21.375,
        "fair_value": 16.621395,
        "relative_strength": -2.248969,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -30.985076,
        "energy": 13.960461,
        "activity_lines": [
          20.99,
          20.999091,
          20.675476,
          20.967957
        ]
      },
      {
        "date": "2025-02-07",
        "close": 21.9,
        "volume": 11560555,
        "typical_volume": 9864593.6,
        "trend": 21.298333,
        "fair_value": 16.668111,
        "relative_strength": 6.189872,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -17.109225,
        "energy": 9.727418,
        "activity_lines": [
          21.11,
          21.234545,
          20.783571,
          21.001828
        ]
      },
      {
        "date": "2025-02-14",
        "close": 20.75,
        "volume": 7148388,
        "typical_volume": 9690113.0,
        "trend": 21.241667,
        "fair_value": 16.703356,
        "relative_strength": 1.811113,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -26.984427,
        "energy": 11.539521,
        "activity_lines": [
          21.006667,
          21.21,
          20.78119,
          20.966451
        ]
      },
      {
        "date": "2025-02-21",
        "close": 21.700001,
        "volume": 8744112,
        "typical_volume": 9898718.6,
        "trend": 21.27,
        "fair_value": 16.738251,
        "relative_strength": 3.611122,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.075103,
        "energy": 2.572076,
        "activity_lines": [
          21.273334,
          21.321818,
          20.877857,
          20.996021
        ]
      },
      {
        "date": "2025-02-28",
        "close": 21.9,
        "volume": 12060721,
        "typical_volume": 10410554.65,
        "trend": 21.343333,
        "fair_value": 16.775014,
        "relative_strength": 7.248159,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 12.020199,
        "energy": 12.764508,
        "activity_lines": [
          21.5,
          21.420909,
          20.994524,
          21.036667
        ]
      },
      {
        "date": "2025-03-07",
        "close": 22.853302,
        "volume": 44603377,
        "typical_volume": 12547373.5,
        "trend": 21.358443,
        "fair_value": 16.822278,
        "relative_strength": 13.71229,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 26.143308,
        "energy": 23.015931,
        "activity_lines": [
          22.024434,
          21.649691,
          21.196743,
          21.134084
        ]
      },
      {
        "date": "2025-03-14",
        "close": 21.75,
        "volume": 10178092,
        "typical_volume": 12679578.1,
        "trend": 21.331777,
        "fair_value": 16.860714,
        "relative_strength": 10.639352,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 19.627076,
        "energy": 19.987296,
        "activity_lines": [
          22.000881,
          21.662359,
          21.281965,
          21.159346
        ]
      },
      {
        "date": "2025-03-21",
        "close": 21.85,
        "volume": 5095689,
        "typical_volume": 12705312.55,
        "trend": 21.306777,
        "fair_value": 16.901839,
        "relative_strength": 9.348992,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 17.874808,
        "energy": 18.286173,
        "activity_lines": [
          22.02066,
          21.739571,
          21.376712,
          21.192779
        ]
      },
      {
        "date": "2025-03-28",
        "close": 20.4,
        "volume": 5091442,
        "typical_volume": 12821834.65,
        "trend": 21.16511,
        "fair_value": 16.924303,
        "relative_strength": 4.438394,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.345015,
        "energy": 3.45757,
        "activity_lines": [
          21.483774,
          21.547693,
          21.330982,
          21.134278
        ]
      },
      {
        "date": "2025-04-04",
        "close": 20.049999,
        "volume": 4354095,
        "typical_volume": 12963739.4,
        "trend": 21.053443,
        "fair_value": 16.942475,
        "relative_strength": 3.577042,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.746851,
        "energy": 6.39207,
        "activity_lines": [
          20.916886,
          21.286724,
          21.249299,
          21.062335
        ]
      },
      {
        "date": "2025-04-11",
        "close": 16.85,
        "volume": 6393496,
        "typical_volume": 13186464.2,
        "trend": 20.843443,
        "fair_value": 16.923448,
        "relative_strength": -5.391541,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -42.921573,
        "energy": 41.880137,
        "activity_lines": [
          19.406666,
          20.472118,
          20.861664,
          20.791145
        ]
      },
      {
        "date": "2025-04-18",
        "close": 17.65,
        "volume": 6253717,
        "typical_volume": 13453884.2,
        "trend": 20.708443,
        "fair_value": 16.908964,
        "relative_strength": -0.637804,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -65.817705,
        "energy": 61.89654,
        "activity_lines": [
          18.563333,
          19.862967,
          20.561411,
          20.585117
        ]
      },
      {
        "date": "2025-04-25",
        "close": 18.0,
        "volume": 2949331,
        "typical_volume": 13555550.75,
        "trend": 20.556777,
        "fair_value": 16.899651,
        "relative_strength": -1.49909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.713452,
        "energy": 65.888418,
        "activity_lines": [
          18.11,
          19.394725,
          20.301395,
          20.410378
        ]
      },
      {
        "date": "2025-05-02",
        "close": 18.6,
        "volume": 4227732,
        "typical_volume": 13725137.35,
        "trend": 20.446777,
        "fair_value": 16.895648,
        "relative_strength": -3.09365,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.418518,
        "energy": 64.312291,
        "activity_lines": [
          18.113333,
          19.085575,
          20.102093,
          20.284135
        ]
      },
      {
        "date": "2025-05-09",
        "close": 18.200001,
        "volume": 2531000,
        "typical_volume": 13745437.35,
        "trend": 20.36011,
        "fair_value": 16.890545,
        "relative_strength": -6.057547,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.497032,
        "energy": 52.676638,
        "activity_lines": [
          18.103334,
          18.76006,
          19.866602,
          20.139181
        ]
      },
      {
        "date": "2025-05-16",
        "close": 18.200001,
        "volume": 3047057,
        "typical_volume": 12315140.2,
        "trend": 20.288443,
        "fair_value": 16.888075,
        "relative_strength": -10.249712,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.553122,
        "energy": 35.973086,
        "activity_lines": [
          18.216667,
          18.501818,
          19.6373,
          19.99982
        ]
      },
      {
        "date": "2025-05-23",
        "close": 17.35,
        "volume": 1114206,
        "typical_volume": 9112100.5,
        "trend": 20.141777,
        "fair_value": 16.873718,
        "relative_strength": -13.489644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.796005,
        "energy": 38.000096,
        "activity_lines": [
          17.956667,
          18.173637,
          19.345142,
          19.810243
        ]
      },
      {
        "date": "2025-05-30",
        "close": 16.799999,
        "volume": 805204,
        "typical_volume": 7982460.7,
        "trend": 19.99011,
        "fair_value": 16.876032,
        "relative_strength": -14.675786,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.490987,
        "energy": 46.532675,
        "activity_lines": [
          17.533333,
          17.825455,
          19.033697,
          19.594644
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.799999,
        "volume": 1653850,
        "typical_volume": 7667853.2,
        "trend": 19.888443,
        "fair_value": 16.883907,
        "relative_strength": -15.621237,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.298304,
        "energy": 57.515599,
        "activity_lines": [
          17.19,
          17.569091,
          18.744872,
          19.38883
        ]
      },
      {
        "date": "2025-06-13",
        "close": 17.4,
        "volume": 12428012,
        "typical_volume": 7803703.8,
        "trend": 19.808443,
        "fair_value": 16.88597,
        "relative_strength": -14.094594,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.202988,
        "energy": 57.243102,
        "activity_lines": [
          17.166666,
          17.487273,
          18.528904,
          19.228286
        ]
      },
      {
        "date": "2025-06-20",
        "close": 17.25,
        "volume": 2312563,
        "typical_volume": 7627631.95,
        "trend": 19.743443,
        "fair_value": 16.891754,
        "relative_strength": -14.603536,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.896482,
        "energy": 51.109087,
        "activity_lines": [
          17.146666,
          17.426364,
          18.31865,
          19.063225
        ]
      },
      {
        "date": "2025-06-27",
        "close": 17.450001,
        "volume": 1624417,
        "typical_volume": 7130825.05,
        "trend": 19.688443,
        "fair_value": 16.904967,
        "relative_strength": -15.651633,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.568721,
        "energy": 37.198514,
        "activity_lines": [
          17.256667,
          17.394546,
          18.141253,
          18.915261
        ]
      },
      {
        "date": "2025-07-04",
        "close": 17.299999,
        "volume": 18936727,
        "typical_volume": 7720242.0,
        "trend": 19.64011,
        "fair_value": 16.917219,
        "relative_strength": -16.154392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.207149,
        "energy": 31.902435,
        "activity_lines": [
          17.31,
          17.339091,
          17.970761,
          18.761168
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.15,
        "volume": 1432680,
        "typical_volume": 7354670.4,
        "trend": 19.578443,
        "fair_value": 16.93407,
        "relative_strength": -17.148748,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.151584,
        "energy": 31.790885,
        "activity_lines": [
          17.28,
          17.269091,
          17.802412,
          18.600515
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.15,
        "volume": 1639510,
        "typical_volume": 6833609.85,
        "trend": 19.50011,
        "fair_value": 16.94419,
        "relative_strength": -19.037209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.130543,
        "energy": 31.250153,
        "activity_lines": [
          17.226667,
          17.225454,
          17.65573,
          18.443842
        ]
      },
      {
        "date": "2025-07-25",
        "close": 17.450001,
        "volume": 8949045,
        "typical_volume": 5050893.25,
        "trend": 19.348443,
        "fair_value": 16.95711,
        "relative_strength": -17.265319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.116312,
        "energy": 28.496747,
        "activity_lines": [
          17.29,
          17.255455,
          17.560238,
          18.311576
        ]
      },
      {
        "date": "2025-08-01",
        "close": 17.9,
        "volume": 3062077,
        "typical_volume": 4695092.5,
        "trend": 19.13511,
        "fair_value": 16.967647,
        "relative_strength": -15.1561,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.600005,
        "energy": 23.192773,
        "activity_lines": [
          17.49,
          17.380909,
          17.533333,
          18.218128
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.0,
        "volume": 6592000,
        "typical_volume": 4769908.05,
        "trend": 19.016777,
        "fair_value": 16.979995,
        "relative_strength": -16.255178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.317252,
        "energy": 16.541357,
        "activity_lines": [
          17.693334,
          17.514546,
          17.534286,
          18.144896
        ]
      },
      {
        "date": "2025-08-15",
        "close": 18.25,
        "volume": 3340297,
        "typical_volume": 4682350.8,
        "trend": 18.95511,
        "fair_value": 16.992189,
        "relative_strength": -15.640326,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.93609,
        "energy": 12.901567,
        "activity_lines": [
          17.933333,
          17.671818,
          17.577381,
          18.095426
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.6,
        "volume": 7262122,
        "typical_volume": 4827752.15,
        "trend": 18.85511,
        "fair_value": 16.999016,
        "relative_strength": -11.522834,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.702773,
        "energy": 12.734621,
        "activity_lines": [
          18.216667,
          17.866364,
          17.664048,
          18.072516
        ]
      },
      {
        "date": "2025-08-29",
        "close": 18.799999,
        "volume": 9133962,
        "typical_volume": 4964775.45,
        "trend": 18.81011,
        "fair_value": 17.005662,
        "relative_strength": -11.65429,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.271191,
        "energy": 13.468678,
        "activity_lines": [
          18.47,
          18.075454,
          17.776667,
          18.06896
        ]
      },
      {
        "date": "2025-09-05",
        "close": 17.950001,
        "volume": 2671903,
        "typical_volume": 4785684.75,
        "trend": 18.678443,
        "fair_value": 17.000127,
        "relative_strength": -15.963829,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.366712,
        "energy": 13.143252,
        "activity_lines": [
          18.35,
          18.101818,
          17.799048,
          18.013469
        ]
      },
      {
        "date": "2025-09-12",
        "close": 18.299999,
        "volume": 18816263,
        "typical_volume": 5579031.35,
        "trend": 18.596777,
        "fair_value": 17.00286,
        "relative_strength": -16.959059,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.806711,
        "energy": 11.435074,
        "activity_lines": [
          18.343333,
          18.182727,
          17.853333,
          17.989054
        ]
      },
      {
        "date": "2025-09-19",
        "close": 19.049999,
        "volume": 30667952,
        "typical_volume": 6901042.35,
        "trend": 18.508443,
        "fair_value": 17.017231,
        "relative_strength": -13.420337,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.537839,
        "energy": 15.899548,
        "activity_lines": [
          18.566666,
          18.381818,
          17.977619,
          18.018294
        ]
      },
      {
        "date": "2025-09-26",
        "close": 19.700001,
        "volume": 43696335,
        "typical_volume": 8959309.1,
        "trend": 18.43511,
        "fair_value": 17.038874,
        "relative_strength": -9.974876,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.000324,
        "energy": 22.85672,
        "activity_lines": [
          18.953333,
          18.664545,
          18.161667,
          18.095168
        ]
      },
      {
        "date": "2025-10-03",
        "close": 18.799999,
        "volume": 6107163,
        "typical_volume": 9112314.4,
        "trend": 18.3,
        "fair_value": 17.057543,
        "relative_strength": -17.400985,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.54783,
        "energy": 25.505302,
        "activity_lines": [
          18.966666,
          18.737272,
          18.252857,
          18.11871
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18.4,
        "volume": 1697503,
        "typical_volume": 9141479.25,
        "trend": 18.188333,
        "fair_value": 17.08141,
        "relative_strength": -20.293709,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.045767,
        "energy": 22.159487,
        "activity_lines": [
          18.846666,
          18.712727,
          18.303095,
          18.125161
        ]
      },
      {
        "date": "2025-10-17",
        "close": 17.9,
        "volume": 1981002,
        "typical_volume": 9200269.15,
        "trend": 18.056667,
        "fair_value": 17.10145,
        "relative_strength": -22.047891,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.400691,
        "energy": 15.911599,
        "activity_lines": [
          18.53,
          18.588182,
          18.300714,
          18.106559
        ]
      },
      {
        "date": "2025-10-24",
        "close": 18.35,
        "volume": 5008255,
        "typical_volume": 9367989.4,
        "trend": 17.988333,
        "fair_value": 17.132138,
        "relative_strength": -20.282373,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.913345,
        "energy": 15.041302,
        "activity_lines": [
          18.39,
          18.547273,
          18.335952,
          18.125484
        ]
      },
      {
        "date": "2025-10-31",
        "close": 18.15,
        "volume": 1667256,
        "typical_volume": 8829951.6,
        "trend": 17.925,
        "fair_value": 17.163097,
        "relative_strength": -22.625915,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.186898,
        "energy": 15.372536,
        "activity_lines": [
          18.23,
          18.468182,
          18.344762,
          18.135914
        ]
      },
      {
        "date": "2025-11-07",
        "close": 17.5,
        "volume": 1904429,
        "typical_volume": 8809544.9,
        "trend": 17.946667,
        "fair_value": 17.183989,
        "relative_strength": -23.403994,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.026566,
        "energy": 9.957961,
        "activity_lines": [
          17.956667,
          18.279091,
          18.288095,
          18.108495
        ]
      },
      {
        "date": "2025-11-14",
        "close": 17.799999,
        "volume": 2336776,
        "typical_volume": 8845162.85,
        "trend": 17.951667,
        "fair_value": 17.205562,
        "relative_strength": -21.017907,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.713645,
        "energy": 11.257463,
        "activity_lines": [
          17.87,
          18.168182,
          18.258809,
          18.099032
        ]
      },
      {
        "date": "2025-11-21",
        "close": 16.6,
        "volume": 1257167,
        "typical_volume": 7961184.85,
        "trend": 17.905,
        "fair_value": 17.220375,
        "relative_strength": -23.272556,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.037192,
        "energy": 30.575264,
        "activity_lines": [
          17.423333,
          17.841818,
          18.113571,
          18.011828
        ]
      },
      {
        "date": "2025-11-28",
        "close": 18.0,
        "volume": 902903,
        "typical_volume": 7934696.0,
        "trend": 17.885,
        "fair_value": 17.237951,
        "relative_strength": -20.047363,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.665542,
        "energy": 23.331647,
        "activity_lines": [
          17.53,
          17.800909,
          18.105,
          18.017957
        ]
      },
      {
        "date": "2025-12-05",
        "close": 18.25,
        "volume": 4009820,
        "typical_volume": 8053211.5,
        "trend": 17.886667,
        "fair_value": 17.261167,
        "relative_strength": -19.603206,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.192289,
        "energy": 10.303762,
        "activity_lines": [
          17.743333,
          17.824545,
          18.11619,
          18.041505
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17.950001,
        "volume": 1093532,
        "typical_volume": 7660435.85,
        "trend": 17.878333,
        "fair_value": 17.279355,
        "relative_strength": -21.192505,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.872825,
        "energy": 5.490401,
        "activity_lines": [
          17.85,
          17.82,
          18.093571,
          18.045591
        ]
      },
      {
        "date": "2025-12-19",
        "close": 17.85,
        "volume": 641324,
        "typical_volume": 7539398.2,
        "trend": 17.895,
        "fair_value": 17.300007,
        "relative_strength": -19.825359,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.97326,
        "energy": 6.555474,
        "activity_lines": [
          17.893334,
          17.812727,
          18.059048,
          18.043763
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17.85,
        "volume": 891089,
        "typical_volume": 7254352.65,
        "trend": 17.93,
        "fair_value": 17.317243,
        "relative_strength": -21.578144,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.539333,
        "energy": 5.301652,
        "activity_lines": [
          17.933334,
          17.815455,
          18.024762,
          18.04086
        ]
      },
      {
        "date": "2026-01-02",
        "close": 18.25,
        "volume": 1608088,
        "typical_volume": 7167742.2,
        "trend": 17.978333,
        "fair_value": 17.339838,
        "relative_strength": -21.186502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.804468,
        "energy": 6.152344,
        "activity_lines": [
          18.023333,
          17.891818,
          18.029286,
          18.061505
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.6,
        "volume": 1520908,
        "typical_volume": 6880681.5,
        "trend": 17.985,
        "fair_value": 17.36106,
        "relative_strength": -25.698914,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.685552,
        "energy": 4.908143,
        "activity_lines": [
          17.88,
          17.851818,
          17.971905,
          18.037097
        ]
      },
      {
        "date": "2026-01-16",
        "close": 18.049999,
        "volume": 1918852,
        "typical_volume": 6519926.0,
        "trend": 18.011667,
        "fair_value": 17.385478,
        "relative_strength": -25.971885,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.059358,
        "energy": 1.515453,
        "activity_lines": [
          17.93,
          17.903636,
          17.962143,
          18.04129
        ]
      },
      {
        "date": "2026-01-23",
        "close": 18.549999,
        "volume": 3983729,
        "typical_volume": 6585517.3,
        "trend": 18.048333,
        "fair_value": 17.414654,
        "relative_strength": -24.578068,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.547772,
        "energy": 13.444714,
        "activity_lines": [
          18.139999,
          18.036363,
          18.003571,
          18.076021
        ]
      },
      {
        "date": "2026-01-30",
        "close": 17.9,
        "volume": 2657526,
        "typical_volume": 5777580.45,
        "trend": 18.068333,
        "fair_value": 17.438731,
        "relative_strength": -26.908147,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.682686,
        "energy": 2.441169,
        "activity_lines": [
          18.086666,
          18.037272,
          17.980238,
          18.066451
        ]
      },
      {
        "date": "2026-02-06",
        "close": 17.200001,
        "volume": 1177318,
        "typical_volume": 4303048.75,
        "trend": 18.07,
        "fair_value": 17.45739,
        "relative_strength": -28.440331,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.764553,
        "energy": 21.973036,
        "activity_lines": [
          17.796667,
          17.887273,
          17.892143,
          18.01043
        ]
      },
      {
        "date": "2026-02-13",
        "close": 17.25,
        "volume": 760500,
        "typical_volume": 2156257.0,
        "trend": 18.073333,
        "fair_value": 17.476369,
        "relative_strength": -31.457608,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.839889,
        "energy": 35.515725,
        "activity_lines": [
          17.593333,
          17.760909,
          17.817619,
          17.957527
        ]
      },
      {
        "date": "2026-02-27",
        "close": 17.15,
        "volume": 1215685,
        "typical_volume": 1911683.1,
        "trend": 18.063333,
        "fair_value": 17.490049,
        "relative_strength": -34.613125,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.10143,
        "energy": 50.71758,
        "activity_lines": [
          17.38,
          17.634545,
          17.745238,
          17.897957
        ]
      },
      {
        "date": "2026-03-06",
        "close": 17.299999,
        "volume": 1868400,
        "typical_volume": 1920227.95,
        "trend": 18.043333,
        "fair_value": 17.504381,
        "relative_strength": -29.683936,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.54619,
        "energy": 52.394755,
        "activity_lines": [
          17.276666,
          17.55,
          17.695,
          17.84871
        ]
      },
      {
        "date": "2026-03-13",
        "close": 16.700001,
        "volume": 934942,
        "typical_volume": 1867924.95,
        "trend": 18.0,
        "fair_value": 17.515798,
        "relative_strength": -30.786581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.423229,
        "energy": 58.534305,
        "activity_lines": [
          17.056667,
          17.366364,
          17.592857,
          17.762043
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.549999,
        "volume": 784033,
        "typical_volume": 1656713.85,
        "trend": 17.943333,
        "fair_value": 17.52439,
        "relative_strength": -30.786661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.126456,
        "energy": 60.008693,
        "activity_lines": [
          16.866666,
          17.176363,
          17.482143,
          17.668495
        ]
      },
      {
        "date": "2026-03-27",
        "close": 16.85,
        "volume": 695079,
        "typical_volume": 1608105.0,
        "trend": 17.885,
        "fair_value": 17.538632,
        "relative_strength": -27.687637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.001627,
        "energy": 48.172362,
        "activity_lines": [
          16.82,
          17.071818,
          17.408571,
          17.597957
        ]
      },
      {
        "date": "2026-04-03",
        "close": 15.95,
        "volume": 588886,
        "typical_volume": 1542327.85,
        "trend": 17.79,
        "fair_value": 17.548346,
        "relative_strength": -29.539469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.683862,
        "energy": 60.68504,
        "activity_lines": [
          16.5,
          16.817273,
          17.255476,
          17.473118
        ]
      },
      {
        "date": "2026-04-10",
        "close": 15.7,
        "volume": 618646,
        "typical_volume": 1456421.35,
        "trend": 17.715,
        "fair_value": 17.556768,
        "relative_strength": -35.324342,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.622909,
        "energy": 66.681442,
        "activity_lines": [
          16.176667,
          16.555454,
          17.085952,
          17.338279
        ]
      },
      {
        "date": "2026-04-17",
        "close": 16.65,
        "volume": 780160,
        "typical_volume": 1432571.0,
        "trend": 17.66,
        "fair_value": 17.569417,
        "relative_strength": -33.225792,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.398518,
        "energy": 48.589709,
        "activity_lines": [
          16.276667,
          16.518182,
          17.016905,
          17.26957
        ]
      },
      {
        "date": "2026-04-24",
        "close": 15.8,
        "volume": 754734,
        "typical_volume": 1425162.55,
        "trend": 17.551667,
        "fair_value": 17.575375,
        "relative_strength": -39.228517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.966311,
        "energy": 56.157781,
        "activity_lines": [
          16.096667,
          16.349091,
          16.866667,
          17.14957
        ]
      },
      {
        "date": "2026-05-01",
        "close": 16.4,
        "volume": 1074004,
        "typical_volume": 1278371.75,
        "trend": 17.441667,
        "fair_value": 17.587664,
        "relative_strength": -36.018784,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.078265,
        "energy": 38.213712,
        "activity_lines": [
          16.166667,
          16.314545,
          16.784048,
          17.075269
        ]
      },
      {
        "date": "2026-05-08",
        "close": 16.75,
        "volume": 4404505,
        "typical_volume": 1443920.4,
        "trend": 17.373333,
        "fair_value": 17.603127,
        "relative_strength": -37.966928,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.728295,
        "energy": 24.061266,
        "activity_lines": [
          16.383333,
          16.359091,
          16.743571,
          17.030645
        ]
      },
      {
        "date": "2026-05-15",
        "close": 19.0,
        "volume": 9170003,
        "typical_volume": 1870354.35,
        "trend": 17.393333,
        "fair_value": 17.631772,
        "relative_strength": -28.024883,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.264261,
        "energy": 10.261595,
        "activity_lines": [
          17.296667,
          16.82,
          16.923095,
          17.135591
        ]
      },
      {
        "date": "2026-05-22",
        "close": 20.049999,
        "volume": 17521113,
        "typical_volume": 2701855.55,
        "trend": 17.465,
        "fair_value": 17.668699,
        "relative_strength": -25.211104,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 39.795944,
        "energy": 38.269016,
        "activity_lines": [
          18.34,
          17.440909,
          17.197143,
          17.306989
        ]
      },
      {
        "date": "2026-05-29",
        "close": 21.299999,
        "volume": 10668393,
        "typical_volume": 3154870.8,
        "trend": 17.563333,
        "fair_value": 17.714572,
        "relative_strength": -24.179096,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 54.931502,
        "energy": 67.384555,
        "activity_lines": [
          19.573333,
          18.228181,
          17.579762,
          17.554408
        ]
      },
      {
        "date": "2026-06-05",
        "close": 21.25,
        "volume": 17853044,
        "typical_volume": 3971477.6,
        "trend": 17.666667,
        "fair_value": 17.761676,
        "relative_strength": -24.19193,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 76.396277,
        "energy": 83.285478,
        "activity_lines": [
          20.423333,
          18.92,
          17.943095,
          17.792258
        ]
      },
      {
        "date": "2026-06-12",
        "close": 24.5,
        "volume": 34429598,
        "typical_volume": 5597014.9,
        "trend": 17.9,
        "fair_value": 17.828371,
        "relative_strength": -10.199654,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.242045,
        "energy": 88.953128,
        "activity_lines": [
          22.033333,
          20.122727,
          18.598571,
          18.233118
        ]
      },
      {
        "date": "2026-06-19",
        "close": 29.4,
        "volume": 31750434,
        "typical_volume": 6985350.15,
        "trend": 18.286667,
        "fair_value": 17.926787,
        "relative_strength": 2.933775,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.693208,
        "energy": 96.647407,
        "activity_lines": [
          24.76,
          22.060909,
          19.69,
          18.975054
        ]
      },
      {
        "date": "2026-06-26",
        "close": 29.85,
        "volume": 40295045,
        "typical_volume": 8867226.1,
        "trend": 18.728333,
        "fair_value": 18.027778,
        "relative_strength": 9.334605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.4182,
        "energy": 94.236594,
        "activity_lines": [
          26.943333,
          23.831818,
          20.772619,
          19.721075
        ]
      },
      {
        "date": "2026-07-03",
        "close": 32.549999,
        "volume": 29290744,
        "typical_volume": 10272897.4,
        "trend": 19.213333,
        "fair_value": 18.146386,
        "relative_strength": 13.87,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.375043,
        "energy": 94.413424,
        "activity_lines": [
          29.373333,
          25.853636,
          22.055476,
          20.612795
        ]
      },
      {
        "date": "2026-07-10",
        "close": 30.299999,
        "volume": 28169853,
        "typical_volume": 11643365.05,
        "trend": 19.615,
        "fair_value": 18.251503,
        "relative_strength": 9.673953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.767972,
        "energy": 84.988864,
        "activity_lines": [
          30.303333,
          27.161818,
          23.050952,
          21.328064
        ]
      },
      {
        "date": "2026-07-17",
        "close": 25.0,
        "volume": 11451486,
        "typical_volume": 12155155.1,
        "trend": 19.85,
        "fair_value": 18.311157,
        "relative_strength": -3.306908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.250557,
        "energy": 58.171434,
        "activity_lines": [
          28.863333,
          27.253636,
          23.479524,
          21.675484
        ]
      },
      {
        "date": "2026-07-24",
        "close": 23.1,
        "volume": 5412318,
        "typical_volume": 12332351.0,
        "trend": 20.025,
        "fair_value": 18.3577,
        "relative_strength": -12.098643,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.917427,
        "energy": 40.242332,
        "activity_lines": [
          26.756666,
          26.85,
          23.689762,
          21.885161
        ]
      },
      {
        "date": "2026-07-31",
        "close": 20.950001,
        "volume": 5255820,
        "typical_volume": 12548394.9,
        "trend": 20.128333,
        "fair_value": 18.38953,
        "relative_strength": -18.612039,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.723027,
        "energy": 21.716768,
        "activity_lines": [
          24.353333,
          25.980909,
          23.667619,
          21.944839
        ]
      },
      {
        "date": "2026-08-07",
        "close": 23.15,
        "volume": 5908322,
        "typical_volume": 12804609.35,
        "trend": 20.291667,
        "fair_value": 18.435151,
        "relative_strength": -11.630422,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.00221,
        "energy": 26.766213,
        "activity_lines": [
          23.276667,
          25.495455,
          23.834762,
          22.139785
        ]
      },
      {
        "date": "2026-08-14",
        "close": 24.4,
        "volume": 6311233,
        "typical_volume": 13085417.05,
        "trend": 20.518333,
        "fair_value": 18.493133,
        "relative_strength": -9.444486,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.686223,
        "energy": 23.766145,
        "activity_lines": [
          23.243334,
          25.203636,
          24.089524,
          22.404839
        ]
      }
    ],
    "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."
    }
  }
}