{
  "ticker": {
    "uuid": "54071688-f520-4434-971f-c59342f1f878",
    "symbol": "RELAXO",
    "name": "Relaxo Footwears Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 68.949,
    "architecture_energy": 57.758,
    "architecture_maturity": 34.589,
    "architecture_confidence": 84.356,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 21.93,
        "rotation_up": 66.24,
        "upward_expansion": 82.22,
        "deceleration": 65.76,
        "rotation_down": 16.03,
        "downward_expansion": 8.88
      },
      "activity_lines": [
        415.126672,
        405.231821,
        371.969619,
        354.434022
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 423.450012,
    "trend_reference": 344.072667,
    "distance_from_trend": 0.230699,
    "trend_direction": "Weakening",
    "fair_value": 602.694599,
    "distance_from_fair_value": -0.297405,
    "fair_value_direction": "Improving",
    "relative_strength": 11.837875,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.146784,
    "excess_performance": 0.190493,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.230699,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.017789,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.297405,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.22502,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.118379,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.321011,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.146784,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.385768,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1630998,
      "relative_activity": 0.381553,
      "balance": 3.385768,
      "dry_up": 3.342005,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.088004,
      "annualized_volatility": 0.503557,
      "from_high_reference": -0.194962,
      "from_low_reference": 0.790486
    },
    "levels": {
      "trend_reference": 344.072667,
      "fair_value_reference": 602.694599,
      "structural_low": 236.5,
      "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": 10,
        "median_return": -0.024206,
        "positive_rate": 0.3,
        "directional_follow_through": 0.3,
        "median_excess_return": -0.022603,
        "regime_survival": 0.7,
        "best_return": 0.136053,
        "worst_return": -0.111883,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.009017,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.020324,
        "regime_survival": 0.25,
        "best_return": 0.126519,
        "worst_return": -0.172269,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.013628,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.136689,
        "regime_survival": 0.0,
        "best_return": 0.158061,
        "worst_return": -0.397773,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.12302,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.26905,
        "regime_survival": 0.0,
        "best_return": -0.09285,
        "worst_return": -0.15319,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-07-07",
        "end": "2023-09-15",
        "tenure": "Developing",
        "return": -0.023086,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-09-22",
        "end": "2024-01-19",
        "tenure": "Established",
        "return": -0.047278,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-01-26",
        "end": "2024-06-28",
        "tenure": "Established",
        "return": -0.028249,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-05",
        "end": "2024-10-18",
        "tenure": "Established",
        "return": -0.053808,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-25",
        "end": "2025-06-06",
        "tenure": "Extended",
        "return": -0.393489,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-06-13",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.205146,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-08-15",
        "tenure": "New",
        "return": -0.093439,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-22",
        "end": "2025-09-05",
        "tenure": "New",
        "return": 0.042676,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-10-03",
        "tenure": "New",
        "return": -0.096863,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-10",
        "end": "2025-10-17",
        "tenure": "New",
        "return": 0.008399,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.080482,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-06-19",
        "tenure": "Extended",
        "return": -0.130483,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-26",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.025632,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.041569,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 929.234863,
        "volume": 444410,
        "typical_volume": 538728.6,
        "trend": 848.2672,
        "fair_value": 967.794099,
        "relative_strength": -1.792537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.26117,
        "energy": 55.926428,
        "activity_lines": [
          932.119287,
          921.124706,
          902.017285,
          879.1859
        ]
      },
      {
        "date": "2023-08-25",
        "close": 922.10675,
        "volume": 332681,
        "typical_volume": 545724.75,
        "trend": 852.336125,
        "fair_value": 969.546238,
        "relative_strength": -2.034307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.866456,
        "energy": 44.806003,
        "activity_lines": [
          929.744006,
          922.630495,
          905.949303,
          883.949742
        ]
      },
      {
        "date": "2023-09-01",
        "close": 915.077576,
        "volume": 888237,
        "typical_volume": 581059.45,
        "trend": 856.355048,
        "fair_value": 971.275053,
        "relative_strength": -3.264378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.302671,
        "energy": 35.339254,
        "activity_lines": [
          924.220439,
          922.668265,
          908.736622,
          887.997578
        ]
      },
      {
        "date": "2023-09-08",
        "close": 915.127075,
        "volume": 374054,
        "typical_volume": 527889.05,
        "trend": 860.907137,
        "fair_value": 973.099004,
        "relative_strength": -4.765397,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.520225,
        "energy": 24.939179,
        "activity_lines": [
          920.377755,
          922.223807,
          911.003184,
          891.789321
        ]
      },
      {
        "date": "2023-09-15",
        "close": 884.485962,
        "volume": 689668,
        "typical_volume": 545822.9,
        "trend": 864.748869,
        "fair_value": 974.52367,
        "relative_strength": -9.041604,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.318917,
        "energy": 15.038603,
        "activity_lines": [
          906.774613,
          915.887548,
          909.878263,
          893.310536
        ]
      },
      {
        "date": "2023-09-22",
        "close": 905.672363,
        "volume": 401456,
        "typical_volume": 554394.1,
        "trend": 869.387319,
        "fair_value": 976.293,
        "relative_strength": -3.893463,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.600856,
        "energy": 16.20161,
        "activity_lines": [
          904.263253,
          913.783395,
          910.523884,
          895.950761
        ]
      },
      {
        "date": "2023-09-29",
        "close": 891.663574,
        "volume": 248520,
        "typical_volume": 518590.9,
        "trend": 873.800704,
        "fair_value": 977.863221,
        "relative_strength": -4.719093,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.681828,
        "energy": 11.125786,
        "activity_lines": [
          898.653129,
          908.837996,
          909.479714,
          897.387939
        ]
      },
      {
        "date": "2023-10-06",
        "close": 896.366211,
        "volume": 277726,
        "typical_volume": 517371.45,
        "trend": 878.744385,
        "fair_value": 979.519974,
        "relative_strength": -3.82394,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.302482,
        "energy": 12.586553,
        "activity_lines": [
          896.640096,
          905.081526,
          908.829346,
          898.843778
        ]
      },
      {
        "date": "2023-10-13",
        "close": 901.019226,
        "volume": 376504,
        "typical_volume": 520773.45,
        "trend": 883.061525,
        "fair_value": 981.119295,
        "relative_strength": -3.389477,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.622938,
        "energy": 9.283871,
        "activity_lines": [
          897.425492,
          902.965189,
          908.430943,
          900.280865
        ]
      },
      {
        "date": "2023-10-20",
        "close": 894.18811,
        "volume": 459587,
        "typical_volume": 522922.35,
        "trend": 886.076412,
        "fair_value": 982.704123,
        "relative_strength": -2.754398,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.529606,
        "energy": 8.439794,
        "activity_lines": [
          896.874373,
          899.986949,
          907.19589,
          900.998709
        ]
      },
      {
        "date": "2023-10-27",
        "close": 887.307495,
        "volume": 362849,
        "typical_volume": 519727.2,
        "trend": 887.64752,
        "fair_value": 984.231299,
        "relative_strength": -0.713152,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.590397,
        "energy": 8.078784,
        "activity_lines": [
          893.382906,
          896.680281,
          905.282941,
          901.078134
        ]
      },
      {
        "date": "2023-11-03",
        "close": 898.346191,
        "volume": 992295,
        "typical_volume": 546055.1,
        "trend": 890.182279,
        "fair_value": 985.586675,
        "relative_strength": -0.258545,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.335999,
        "energy": 7.190812,
        "activity_lines": [
          894.795329,
          896.142964,
          904.405134,
          901.768371
        ]
      },
      {
        "date": "2023-11-10",
        "close": 896.514648,
        "volume": 270578,
        "typical_volume": 543635.05,
        "trend": 893.241805,
        "fair_value": 986.76367,
        "relative_strength": -1.314579,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.406255,
        "energy": 7.673269,
        "activity_lines": [
          895.151729,
          895.70465,
          903.41628,
          902.17691
        ]
      },
      {
        "date": "2023-11-17",
        "close": 892.208069,
        "volume": 193029,
        "typical_volume": 539028.75,
        "trend": 895.790818,
        "fair_value": 987.829579,
        "relative_strength": -3.203343,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.163974,
        "energy": 11.189447,
        "activity_lines": [
          894.062707,
          894.820828,
          901.977016,
          902.110218
        ]
      },
      {
        "date": "2023-11-24",
        "close": 878.842773,
        "volume": 215059,
        "typical_volume": 522355.75,
        "trend": 897.333187,
        "fair_value": 988.816114,
        "relative_strength": -4.775935,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.333853,
        "energy": 16.851888,
        "activity_lines": [
          889.105997,
          891.923663,
          899.290015,
          901.016796
        ]
      },
      {
        "date": "2023-12-01",
        "close": 905.96936,
        "volume": 384129,
        "typical_volume": 521466.05,
        "trend": 899.83243,
        "fair_value": 990.044265,
        "relative_strength": -3.899109,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.827494,
        "energy": 6.692566,
        "activity_lines": [
          894.214506,
          894.061207,
          899.312903,
          901.573968
        ]
      },
      {
        "date": "2023-12-08",
        "close": 909.582947,
        "volume": 397504,
        "typical_volume": 498541.8,
        "trend": 900.808213,
        "fair_value": 991.219032,
        "relative_strength": -6.47761,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.402074,
        "energy": 3.506886,
        "activity_lines": [
          899.283419,
          896.850367,
          899.601477,
          902.203034
        ]
      },
      {
        "date": "2023-12-15",
        "close": 902.058838,
        "volume": 414997,
        "typical_volume": 471769.85,
        "trend": 902.336226,
        "fair_value": 992.044731,
        "relative_strength": -9.060411,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -26.802411,
        "energy": 12.828798,
        "activity_lines": [
          901.095178,
          897.945701,
          899.175591,
          902.283719
        ]
      },
      {
        "date": "2023-12-22",
        "close": 889.188538,
        "volume": 373985,
        "typical_volume": 465566.8,
        "trend": 903.244344,
        "fair_value": 992.672632,
        "relative_strength": -9.621379,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.580246,
        "energy": 17.173883,
        "activity_lines": [
          898.247225,
          896.597478,
          897.70484,
          901.435481
        ]
      },
      {
        "date": "2023-12-29",
        "close": 894.485107,
        "volume": 333607,
        "typical_volume": 421543.75,
        "trend": 903.412437,
        "fair_value": 993.18769,
        "relative_strength": -10.364483,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -31.112572,
        "energy": 13.037408,
        "activity_lines": [
          897.366097,
          896.42737,
          896.894415,
          900.870369
        ]
      },
      {
        "date": "2024-01-05",
        "close": 893.049561,
        "volume": 350212,
        "typical_volume": 416833.85,
        "trend": 903.716982,
        "fair_value": 993.294738,
        "relative_strength": -10.106354,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.375059,
        "energy": 20.349934,
        "activity_lines": [
          894.963631,
          895.990855,
          896.187489,
          900.201796
        ]
      },
      {
        "date": "2024-01-12",
        "close": 886.267944,
        "volume": 467639,
        "typical_volume": 423581.75,
        "trend": 902.870666,
        "fair_value": 993.636157,
        "relative_strength": -11.218126,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.418939,
        "energy": 32.524189,
        "activity_lines": [
          891.161947,
          894.216917,
          895.007006,
          899.076052
        ]
      },
      {
        "date": "2024-01-19",
        "close": 862.853882,
        "volume": 428334,
        "typical_volume": 400586.6,
        "trend": 902.030461,
        "fair_value": 993.900883,
        "relative_strength": -12.24903,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -69.42063,
        "energy": 54.294184,
        "activity_lines": [
          881.109908,
          888.405481,
          891.767273,
          896.494324
        ]
      },
      {
        "date": "2024-01-26",
        "close": 842.855408,
        "volume": 295689,
        "typical_volume": 396668.35,
        "trend": 900.209336,
        "fair_value": 994.114277,
        "relative_strength": -12.979991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.200524,
        "energy": 75.655484,
        "activity_lines": [
          867.005375,
          879.569973,
          886.871608,
          892.676579
        ]
      },
      {
        "date": "2024-02-02",
        "close": 830.480164,
        "volume": 502805,
        "typical_volume": 387325.2,
        "trend": 897.712414,
        "fair_value": 993.875997,
        "relative_strength": -15.992656,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.286668,
        "energy": 89.051968,
        "activity_lines": [
          851.864636,
          869.381742,
          881.141499,
          888.177922
        ]
      },
      {
        "date": "2024-02-09",
        "close": 843.400024,
        "volume": 496333,
        "typical_volume": 392069.05,
        "trend": 896.176025,
        "fair_value": 993.78165,
        "relative_strength": -14.228472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.603614,
        "energy": 82.135261,
        "activity_lines": [
          845.297514,
          862.421896,
          876.899023,
          884.673897
        ]
      },
      {
        "date": "2024-02-16",
        "close": 833.648193,
        "volume": 699708,
        "typical_volume": 414628.45,
        "trend": 893.630021,
        "fair_value": 993.618805,
        "relative_strength": -16.032912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.361315,
        "energy": 81.941457,
        "activity_lines": [
          838.78975,
          854.826615,
          872.024336,
          880.639844
        ]
      },
      {
        "date": "2024-02-23",
        "close": 832.113708,
        "volume": 486677,
        "typical_volume": 425076.0,
        "trend": 890.032367,
        "fair_value": 993.56709,
        "relative_strength": -16.60769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.96739,
        "energy": 76.831691,
        "activity_lines": [
          835.278475,
          848.332968,
          867.279772,
          876.671049
        ]
      },
      {
        "date": "2024-03-01",
        "close": 829.391174,
        "volume": 300774,
        "typical_volume": 421289.5,
        "trend": 886.94788,
        "fair_value": 993.606916,
        "relative_strength": -17.135794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.785944,
        "energy": 58.490835,
        "activity_lines": [
          832.909033,
          842.616044,
          862.581883,
          872.758714
        ]
      },
      {
        "date": "2024-03-08",
        "close": 830.034668,
        "volume": 247183,
        "typical_volume": 410669.3,
        "trend": 883.118013,
        "fair_value": 993.566129,
        "relative_strength": -17.427489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.336194,
        "energy": 55.950059,
        "activity_lines": [
          831.651705,
          838.103345,
          858.286365,
          869.086894
        ]
      },
      {
        "date": "2024-03-15",
        "close": 879.040833,
        "volume": 793546,
        "typical_volume": 432204.15,
        "trend": 881.444879,
        "fair_value": 993.847359,
        "relative_strength": -10.484873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.742109,
        "energy": 25.869084,
        "activity_lines": [
          846.759465,
          843.672683,
          858.963593,
          868.82385
        ]
      },
      {
        "date": "2024-03-22",
        "close": 822.510498,
        "volume": 600945,
        "typical_volume": 412636.65,
        "trend": 878.125004,
        "fair_value": 993.572168,
        "relative_strength": -16.150544,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.48375,
        "energy": 31.280278,
        "activity_lines": [
          840.647725,
          839.218483,
          854.296345,
          865.021632
        ]
      },
      {
        "date": "2024-03-29",
        "close": 809.145203,
        "volume": 1192440,
        "typical_volume": 458729.75,
        "trend": 874.593925,
        "fair_value": 993.061355,
        "relative_strength": -17.931136,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.590293,
        "energy": 36.325435,
        "activity_lines": [
          830.823401,
          833.493455,
          848.717334,
          860.571322
        ]
      },
      {
        "date": "2024-04-05",
        "close": 832.064209,
        "volume": 447113,
        "typical_volume": 471433.95,
        "trend": 871.825163,
        "fair_value": 992.440407,
        "relative_strength": -15.949298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.449637,
        "energy": 29.010957,
        "activity_lines": [
          830.169979,
          832.912041,
          845.737131,
          857.82747
        ]
      },
      {
        "date": "2024-04-12",
        "close": 821.916504,
        "volume": 217271,
        "typical_volume": 471544.55,
        "trend": 869.739514,
        "fair_value": 992.086435,
        "relative_strength": -16.680534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.364869,
        "energy": 36.450394,
        "activity_lines": [
          825.955786,
          830.681793,
          842.076879,
          854.607556
        ]
      },
      {
        "date": "2024-04-19",
        "close": 806.026672,
        "volume": 180686,
        "typical_volume": 461372.4,
        "trend": 866.417991,
        "fair_value": 991.692032,
        "relative_strength": -16.555054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.444571,
        "energy": 43.965808,
        "activity_lines": [
          816.986194,
          825.718187,
          837.174387,
          850.49705
        ]
      },
      {
        "date": "2024-04-26",
        "close": 822.955994,
        "volume": 326985,
        "typical_volume": 457846.45,
        "trend": 864.127738,
        "fair_value": 991.454977,
        "relative_strength": -15.49009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.77685,
        "energy": 32.836529,
        "activity_lines": [
          818.527319,
          824.512156,
          834.360129,
          847.69305
        ]
      },
      {
        "date": "2024-05-03",
        "close": 817.213928,
        "volume": 190307,
        "typical_volume": 446611.95,
        "trend": 861.489329,
        "fair_value": 991.137958,
        "relative_strength": -15.930006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.846581,
        "energy": 32.536902,
        "activity_lines": [
          818.124723,
          822.456516,
          831.411516,
          844.666353
        ]
      },
      {
        "date": "2024-05-10",
        "close": 842.805908,
        "volume": 494711,
        "typical_volume": 452648.25,
        "trend": 859.548885,
        "fair_value": 990.710298,
        "relative_strength": -11.254846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.115386,
        "energy": 21.878056,
        "activity_lines": [
          825.714872,
          825.324869,
          831.304259,
          843.460971
        ]
      },
      {
        "date": "2024-05-17",
        "close": 824.391541,
        "volume": 249687,
        "typical_volume": 448452.25,
        "trend": 857.222333,
        "fair_value": 989.472514,
        "relative_strength": -14.38609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.342579,
        "energy": 18.094291,
        "activity_lines": [
          826.450785,
          824.601251,
          829.664122,
          841.192755
        ]
      },
      {
        "date": "2024-05-24",
        "close": 814.194336,
        "volume": 174183,
        "typical_volume": 439650.8,
        "trend": 854.785227,
        "fair_value": 987.629431,
        "relative_strength": -16.838324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.301839,
        "energy": 20.700726,
        "activity_lines": [
          823.622628,
          822.126197,
          827.386602,
          838.416755
        ]
      },
      {
        "date": "2024-05-31",
        "close": 781.375061,
        "volume": 284773,
        "typical_volume": 430507.5,
        "trend": 850.88619,
        "fair_value": 985.858534,
        "relative_strength": -18.189076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.81666,
        "energy": 33.849103,
        "activity_lines": [
          809.310201,
          814.86303,
          822.358937,
          833.680616
        ]
      },
      {
        "date": "2024-06-07",
        "close": 812.065796,
        "volume": 396956,
        "typical_volume": 428938.6,
        "trend": 848.071228,
        "fair_value": 984.152383,
        "relative_strength": -17.269749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.633587,
        "energy": 32.95216,
        "activity_lines": [
          808.000081,
          813.927914,
          820.753689,
          831.176074
        ]
      },
      {
        "date": "2024-06-14",
        "close": 825.777527,
        "volume": 299216,
        "typical_volume": 429114.95,
        "trend": 845.856877,
        "fair_value": 982.355515,
        "relative_strength": -15.994567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.465339,
        "energy": 33.800301,
        "activity_lines": [
          811.603748,
          815.432738,
          820.696169,
          829.737771
        ]
      },
      {
        "date": "2024-06-21",
        "close": 821.767944,
        "volume": 340142,
        "typical_volume": 420981.8,
        "trend": 843.954382,
        "fair_value": 980.16879,
        "relative_strength": -16.04271,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.621539,
        "energy": 26.826158,
        "activity_lines": [
          815.006112,
          816.32285,
          820.338107,
          828.183646
        ]
      },
      {
        "date": "2024-06-28",
        "close": 819.04541,
        "volume": 407110,
        "typical_volume": 416520.65,
        "trend": 841.056917,
        "fair_value": 977.877352,
        "relative_strength": -17.614963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.019942,
        "energy": 14.485895,
        "activity_lines": [
          817.675871,
          816.720658,
          819.762242,
          826.576616
        ]
      },
      {
        "date": "2024-07-05",
        "close": 821.322449,
        "volume": 341196,
        "typical_volume": 398595.05,
        "trend": 838.114901,
        "fair_value": 975.78637,
        "relative_strength": -17.951867,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.250943,
        "energy": 14.815475,
        "activity_lines": [
          820.781238,
          817.295768,
          819.519213,
          825.303424
        ]
      },
      {
        "date": "2024-07-12",
        "close": 816.322815,
        "volume": 348465,
        "typical_volume": 391684.45,
        "trend": 835.257033,
        "fair_value": 973.71374,
        "relative_strength": -18.582561,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.443822,
        "energy": 13.067839,
        "activity_lines": [
          819.556901,
          816.991554,
          818.858723,
          823.897483
        ]
      },
      {
        "date": "2024-07-19",
        "close": 812.115295,
        "volume": 734034,
        "typical_volume": 413347.45,
        "trend": 832.687925,
        "fair_value": 971.549876,
        "relative_strength": -18.600472,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.598598,
        "energy": 15.948135,
        "activity_lines": [
          816.646256,
          815.938539,
          817.87271,
          822.404468
        ]
      },
      {
        "date": "2024-07-26",
        "close": 856.220703,
        "volume": 805752,
        "typical_volume": 441275.9,
        "trend": 831.412445,
        "fair_value": 969.793171,
        "relative_strength": -14.690649,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.940739,
        "energy": 6.76773,
        "activity_lines": [
          829.34823,
          823.4627,
          821.169479,
          823.922711
        ]
      },
      {
        "date": "2024-08-02",
        "close": 835.2323,
        "volume": 1220749,
        "typical_volume": 462636.05,
        "trend": 829.485203,
        "fair_value": 967.959255,
        "relative_strength": -15.848979,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.505668,
        "energy": 12.111304,
        "activity_lines": [
          832.757218,
          826.592075,
          822.342657,
          824.169154
        ]
      },
      {
        "date": "2024-08-09",
        "close": 813.996338,
        "volume": 363188,
        "typical_volume": 450748.2,
        "trend": 827.07615,
        "fair_value": 965.747913,
        "relative_strength": -16.198596,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.511074,
        "energy": 6.904354,
        "activity_lines": [
          828.008427,
          825.477859,
          821.701975,
          823.169872
        ]
      },
      {
        "date": "2024-08-16",
        "close": 770.237305,
        "volume": 319848,
        "typical_volume": 407118.6,
        "trend": 823.98893,
        "fair_value": 963.114729,
        "relative_strength": -20.623823,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.240302,
        "energy": 31.393687,
        "activity_lines": [
          809.161699,
          815.81434,
          816.934309,
          819.50285
        ]
      },
      {
        "date": "2024-08-23",
        "close": 805.34967,
        "volume": 242674,
        "typical_volume": 396896.65,
        "trend": 822.738739,
        "fair_value": 960.954738,
        "relative_strength": -17.328231,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.258882,
        "energy": 32.256193,
        "activity_lines": [
          805.091459,
          813.295406,
          815.695953,
          818.300317
        ]
      },
      {
        "date": "2024-08-30",
        "close": 791.835205,
        "volume": 375315,
        "typical_volume": 404798.85,
        "trend": 821.450574,
        "fair_value": 958.42812,
        "relative_strength": -19.424855,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.835204,
        "energy": 45.775506,
        "activity_lines": [
          796.96744,
          808.690712,
          813.297718,
          816.306541
        ]
      },
      {
        "date": "2024-09-06",
        "close": 819.808105,
        "volume": 546600,
        "typical_volume": 423094.55,
        "trend": 820.664176,
        "fair_value": 956.235807,
        "relative_strength": -14.735102,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.953443,
        "energy": 39.786873,
        "activity_lines": [
          802.460087,
          809.716231,
          813.706813,
          816.200575
        ]
      },
      {
        "date": "2024-09-13",
        "close": 830.490417,
        "volume": 415846,
        "typical_volume": 427537.6,
        "trend": 820.558917,
        "fair_value": 954.161847,
        "relative_strength": -14.874543,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.337677,
        "energy": 12.631445,
        "activity_lines": [
          812.541784,
          812.670121,
          815.067645,
          816.834526
        ]
      },
      {
        "date": "2024-09-20",
        "close": 832.279114,
        "volume": 288464,
        "typical_volume": 432445.45,
        "trend": 820.564431,
        "fair_value": 952.163747,
        "relative_strength": -15.547274,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.99414,
        "energy": 6.367619,
        "activity_lines": [
          822.120109,
          815.782539,
          816.562951,
          817.590668
        ]
      },
      {
        "date": "2024-09-27",
        "close": 799.983643,
        "volume": 294734,
        "typical_volume": 422446.6,
        "trend": 819.58418,
        "fair_value": 949.895177,
        "relative_strength": -19.42543,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.748586,
        "energy": 17.216231,
        "activity_lines": [
          816.797156,
          812.732939,
          814.910758,
          816.262875
        ]
      },
      {
        "date": "2024-10-04",
        "close": 793.325745,
        "volume": 288330,
        "typical_volume": 424378.75,
        "trend": 818.360549,
        "fair_value": 946.694067,
        "relative_strength": -15.783419,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.439379,
        "energy": 15.571326,
        "activity_lines": [
          809.612639,
          808.693387,
          812.828396,
          814.568782
        ]
      },
      {
        "date": "2024-10-11",
        "close": 791.884949,
        "volume": 212548,
        "typical_volume": 426297.0,
        "trend": 815.455353,
        "fair_value": 943.23403,
        "relative_strength": -15.164727,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.600739,
        "energy": 31.758899,
        "activity_lines": [
          801.848487,
          805.535417,
          810.756748,
          812.860679
        ]
      },
      {
        "date": "2024-10-18",
        "close": 777.128357,
        "volume": 312119,
        "typical_volume": 427664.3,
        "trend": 813.942615,
        "fair_value": 939.647517,
        "relative_strength": -15.748682,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.708341,
        "energy": 48.916748,
        "activity_lines": [
          791.027014,
          800.482564,
          807.385945,
          810.38797
        ]
      },
      {
        "date": "2024-10-25",
        "close": 735.641113,
        "volume": 283727,
        "typical_volume": 422002.85,
        "trend": 811.492478,
        "fair_value": 935.960153,
        "relative_strength": -17.333628,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.43187,
        "energy": 70.730574,
        "activity_lines": [
          769.933932,
          788.556903,
          800.084198,
          805.33626
        ]
      },
      {
        "date": "2024-11-01",
        "close": 776.631531,
        "volume": 287573,
        "typical_volume": 421420.7,
        "trend": 809.644722,
        "fair_value": 931.871389,
        "relative_strength": -12.496138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.349243,
        "energy": 62.656208,
        "activity_lines": [
          768.946855,
          784.713066,
          797.050227,
          803.087166
        ]
      },
      {
        "date": "2024-11-08",
        "close": 765.452332,
        "volume": 159730,
        "typical_volume": 412400.1,
        "trend": 807.762583,
        "fair_value": 928.085972,
        "relative_strength": -12.532262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.982949,
        "energy": 62.294501,
        "activity_lines": [
          765.790186,
          779.358796,
          793.1856,
          800.236045
        ]
      },
      {
        "date": "2024-11-15",
        "close": 673.733215,
        "volume": 524979,
        "typical_volume": 418293.55,
        "trend": 803.352802,
        "fair_value": 923.995134,
        "relative_strength": -20.297803,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.111474,
        "energy": 82.679412,
        "activity_lines": [
          733.918705,
          757.808011,
          780.853988,
          791.588988
        ]
      },
      {
        "date": "2024-11-22",
        "close": 630.606262,
        "volume": 382140,
        "typical_volume": 420340.75,
        "trend": 796.941144,
        "fair_value": 919.877848,
        "relative_strength": -25.853099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.459879,
        "energy": 92.659494,
        "activity_lines": [
          695.548356,
          731.071869,
          765.10701,
          780.44405
        ]
      },
      {
        "date": "2024-11-29",
        "close": 665.783508,
        "volume": 365057,
        "typical_volume": 421170.35,
        "trend": 791.893463,
        "fair_value": 916.100328,
        "relative_strength": -21.719108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.518644,
        "energy": 88.468842,
        "activity_lines": [
          678.671895,
          714.365848,
          753.618418,
          771.982268
        ]
      },
      {
        "date": "2024-12-06",
        "close": 663.19989,
        "volume": 2013409,
        "typical_volume": 485139.1,
        "trend": 785.906596,
        "fair_value": 912.214387,
        "relative_strength": -23.057553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.119315,
        "energy": 87.998516,
        "activity_lines": [
          665.591402,
          700.217271,
          742.600622,
          763.679456
        ]
      },
      {
        "date": "2024-12-13",
        "close": 642.182983,
        "volume": 605839,
        "typical_volume": 475143.45,
        "trend": 779.832977,
        "fair_value": 908.304521,
        "relative_strength": -25.103634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.951515,
        "energy": 88.95506,
        "activity_lines": [
          653.067383,
          684.734415,
          730.290336,
          754.406965
        ]
      },
      {
        "date": "2024-12-20",
        "close": 622.954773,
        "volume": 283331,
        "typical_volume": 428272.55,
        "trend": 773.458325,
        "fair_value": 904.446593,
        "relative_strength": -23.057743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.780514,
        "energy": 80.627198,
        "activity_lines": [
          642.351916,
          668.503571,
          717.168019,
          744.285791
        ]
      },
      {
        "date": "2024-12-27",
        "close": 618.23468,
        "volume": 164423,
        "typical_volume": 418334.3,
        "trend": 768.020312,
        "fair_value": 900.117737,
        "relative_strength": -23.715493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.041143,
        "energy": 78.982767,
        "activity_lines": [
          633.448315,
          654.485986,
          704.607015,
          734.271362
        ]
      },
      {
        "date": "2025-01-03",
        "close": 629.314453,
        "volume": 203350,
        "typical_volume": 412509.4,
        "trend": 761.928601,
        "fair_value": 895.633258,
        "relative_strength": -22.312471,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.779554,
        "energy": 66.860497,
        "activity_lines": [
          629.062744,
          645.371882,
          694.033426,
          725.322597
        ]
      },
      {
        "date": "2025-01-10",
        "close": 598.509583,
        "volume": 211930,
        "typical_volume": 410972.2,
        "trend": 754.353003,
        "fair_value": 891.063689,
        "relative_strength": -23.657888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.191802,
        "energy": 70.255181,
        "activity_lines": [
          616.840153,
          632.590103,
          681.197101,
          714.779434
        ]
      },
      {
        "date": "2025-01-17",
        "close": 575.703979,
        "volume": 321297,
        "typical_volume": 408271.3,
        "trend": 746.150871,
        "fair_value": 886.444209,
        "relative_strength": -25.19533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.984034,
        "energy": 76.01146,
        "activity_lines": [
          601.328381,
          618.900433,
          667.173766,
          703.253691
        ]
      },
      {
        "date": "2025-01-24",
        "close": 554.836121,
        "volume": 268111,
        "typical_volume": 394346.85,
        "trend": 737.343894,
        "fair_value": 881.974427,
        "relative_strength": -26.905672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.363562,
        "energy": 84.294695,
        "activity_lines": [
          583.29259,
          604.866576,
          652.192212,
          690.910804
        ]
      },
      {
        "date": "2025-01-31",
        "close": 545.992188,
        "volume": 315486,
        "typical_volume": 389328.85,
        "trend": 728.166219,
        "fair_value": 877.202051,
        "relative_strength": -28.72812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.63313,
        "energy": 89.603046,
        "activity_lines": [
          566.850065,
          591.386497,
          637.630151,
          678.565532
        ]
      },
      {
        "date": "2025-02-07",
        "close": 532.229309,
        "volume": 1251507,
        "typical_volume": 437481.0,
        "trend": 718.696436,
        "fair_value": 872.436782,
        "relative_strength": -30.010519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.155305,
        "energy": 85.108714,
        "activity_lines": [
          550.63608,
          576.942514,
          623.112093,
          665.924442
        ]
      },
      {
        "date": "2025-02-14",
        "close": 466.495667,
        "volume": 565199,
        "typical_volume": 451004.25,
        "trend": 707.175781,
        "fair_value": 867.401031,
        "relative_strength": -36.303969,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.310912,
        "energy": 95.699628,
        "activity_lines": [
          518.983224,
          552.975218,
          603.762496,
          649.653424
        ]
      },
      {
        "date": "2025-02-21",
        "close": 440.361145,
        "volume": 639297,
        "typical_volume": 468552.6,
        "trend": 693.313796,
        "fair_value": 862.50742,
        "relative_strength": -38.852725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.58935,
        "energy": 96.529547,
        "activity_lines": [
          487.419788,
          527.832631,
          583.511936,
          632.439577
        ]
      },
      {
        "date": "2025-02-28",
        "close": 424.511536,
        "volume": 413690,
        "typical_volume": 478609.7,
        "trend": 679.623104,
        "fair_value": 857.881536,
        "relative_strength": -38.594681,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.651233,
        "energy": 96.067223,
        "activity_lines": [
          459.596004,
          503.477785,
          563.432672,
          615.097495
        ]
      },
      {
        "date": "2025-03-07",
        "close": 439.069336,
        "volume": 556930,
        "typical_volume": 490850.25,
        "trend": 667.125537,
        "fair_value": 853.356864,
        "relative_strength": -37.017943,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.029327,
        "energy": 90.646273,
        "activity_lines": [
          445.313127,
          485.37787,
          546.489263,
          599.577897
        ]
      },
      {
        "date": "2025-03-14",
        "close": 400.463837,
        "volume": 433859,
        "typical_volume": 498356.85,
        "trend": 654.799755,
        "fair_value": 848.825572,
        "relative_strength": -41.353458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.875756,
        "energy": 93.89909,
        "activity_lines": [
          425.28994,
          463.516325,
          527.478945,
          582.373917
        ]
      },
      {
        "date": "2025-03-21",
        "close": 434.200195,
        "volume": 1424788,
        "typical_volume": 555217.6,
        "trend": 642.428106,
        "fair_value": 845.034859,
        "relative_strength": -38.283442,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.344031,
        "energy": 68.301452,
        "activity_lines": [
          425.29657,
          451.949585,
          513.277695,
          568.141687
        ]
      },
      {
        "date": "2025-03-28",
        "close": 404.388977,
        "volume": 622301,
        "typical_volume": 578346.15,
        "trend": 629.513231,
        "fair_value": 840.781262,
        "relative_strength": -42.231365,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.829453,
        "energy": 70.213393,
        "activity_lines": [
          417.519159,
          437.950066,
          497.867907,
          552.784324
        ]
      },
      {
        "date": "2025-04-04",
        "close": 413.978241,
        "volume": 356253,
        "typical_volume": 569909.85,
        "trend": 615.985569,
        "fair_value": 836.049978,
        "relative_strength": -38.523753,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.419764,
        "energy": 66.898949,
        "activity_lines": [
          415.336314,
          428.808867,
          485.090732,
          538.878841
        ]
      },
      {
        "date": "2025-04-11",
        "close": 415.021637,
        "volume": 357559,
        "typical_volume": 568680.8,
        "trend": 602.13661,
        "fair_value": 831.567497,
        "relative_strength": -37.413995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.28858,
        "energy": 63.895249,
        "activity_lines": [
          414.203487,
          422.41843,
          473.649856,
          525.913426
        ]
      },
      {
        "date": "2025-04-18",
        "close": 404.538025,
        "volume": 633344,
        "typical_volume": 582095.15,
        "trend": 587.878574,
        "fair_value": 827.154814,
        "relative_strength": -40.850704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.158105,
        "energy": 65.011165,
        "activity_lines": [
          411.179303,
          416.503164,
          462.237134,
          513.16513
        ]
      },
      {
        "date": "2025-04-25",
        "close": 420.586395,
        "volume": 1110068,
        "typical_volume": 536928.1,
        "trend": 575.231999,
        "fair_value": 823.022407,
        "relative_strength": -38.187979,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.2127,
        "energy": 59.416943,
        "activity_lines": [
          413.232963,
          415.827443,
          453.596855,
          502.372086
        ]
      },
      {
        "date": "2025-05-02",
        "close": 404.587708,
        "volume": 332401,
        "typical_volume": 523256.2,
        "trend": 562.274064,
        "fair_value": 818.848683,
        "relative_strength": -40.491687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.763508,
        "energy": 58.679282,
        "activity_lines": [
          410.861314,
          413.077584,
          444.588194,
          491.362777
        ]
      },
      {
        "date": "2025-05-09",
        "close": 399.321075,
        "volume": 761874,
        "typical_volume": 547183.35,
        "trend": 549.188602,
        "fair_value": 814.979593,
        "relative_strength": -39.539177,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.913999,
        "energy": 59.396018,
        "activity_lines": [
          406.720872,
          410.020582,
          436.209354,
          480.849681
        ]
      },
      {
        "date": "2025-05-16",
        "close": 436.932861,
        "volume": 1019329,
        "typical_volume": 589928.65,
        "trend": 537.848752,
        "fair_value": 811.46619,
        "relative_strength": -35.654711,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.967571,
        "energy": 46.374638,
        "activity_lines": [
          416.094836,
          414.260094,
          432.477512,
          473.607375
        ]
      },
      {
        "date": "2025-05-23",
        "close": 443.640411,
        "volume": 2105163,
        "typical_volume": 685019.3,
        "trend": 528.115395,
        "fair_value": 808.231271,
        "relative_strength": -33.397517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.815358,
        "energy": 37.266603,
        "activity_lines": [
          426.243902,
          419.758006,
          430.247826,
          467.529418
        ]
      },
      {
        "date": "2025-05-30",
        "close": 434.29953,
        "volume": 788614,
        "typical_volume": 713853.5,
        "trend": 516.704328,
        "fair_value": 804.800423,
        "relative_strength": -33.715064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.856322,
        "energy": 27.838273,
        "activity_lines": [
          430.672516,
          422.772547,
          428.012695,
          461.476781
        ]
      },
      {
        "date": "2025-06-06",
        "close": 446.174347,
        "volume": 1161476,
        "typical_volume": 755862.45,
        "trend": 506.061729,
        "fair_value": 801.442855,
        "relative_strength": -31.745926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.735603,
        "energy": 20.177311,
        "activity_lines": [
          438.145192,
          427.94434,
          427.690451,
          456.92646
        ]
      },
      {
        "date": "2025-06-13",
        "close": 418.99646,
        "volume": 1349213,
        "typical_volume": 809917.55,
        "trend": 497.570504,
        "fair_value": 798.098574,
        "relative_strength": -34.284211,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -29.585102,
        "energy": 17.867879,
        "activity_lines": [
          433.786131,
          427.414965,
          425.396644,
          451.309346
        ]
      },
      {
        "date": "2025-06-20",
        "close": 403.395264,
        "volume": 792754,
        "typical_volume": 833780.95,
        "trend": 489.996804,
        "fair_value": 794.464886,
        "relative_strength": -36.833013,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -53.208404,
        "energy": 32.707425,
        "activity_lines": [
          422.914978,
          423.957769,
          422.263865,
          445.233524
        ]
      },
      {
        "date": "2025-06-27",
        "close": 422.126617,
        "volume": 680447,
        "typical_volume": 805227.95,
        "trend": 481.874907,
        "fair_value": 791.032082,
        "relative_strength": -34.378805,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -39.347056,
        "energy": 29.069336,
        "activity_lines": [
          420.52345,
          424.117661,
          421.594057,
          440.854802
        ]
      },
      {
        "date": "2025-07-04",
        "close": 461.825226,
        "volume": 4976340,
        "typical_volume": 1025785.0,
        "trend": 475.162419,
        "fair_value": 787.763476,
        "relative_strength": -26.832606,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -6.058013,
        "energy": 11.814791,
        "activity_lines": [
          432.799044,
          431.17569,
          425.229368,
          439.561274
        ]
      },
      {
        "date": "2025-07-11",
        "close": 497.648346,
        "volume": 13253851,
        "typical_volume": 1656512.7,
        "trend": 470.344597,
        "fair_value": 784.736185,
        "relative_strength": -19.335112,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": 16.350754,
        "energy": 20.015947,
        "activity_lines": [
          455.180632,
          443.997217,
          432.298645,
          441.011979
        ]
      },
      {
        "date": "2025-07-18",
        "close": 504.952087,
        "volume": 1872194,
        "typical_volume": 1729437.9,
        "trend": 466.411175,
        "fair_value": 781.609559,
        "relative_strength": -16.715325,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": 39.243955,
        "energy": 55.514157,
        "activity_lines": [
          476.5652,
          456.454685,
          439.79072,
          443.24472
        ]
      },
      {
        "date": "2025-07-25",
        "close": 478.569183,
        "volume": 766184,
        "typical_volume": 1739900.6,
        "trend": 461.755658,
        "fair_value": 778.473223,
        "relative_strength": -19.681841,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.231873,
        "energy": 59.835197,
        "activity_lines": [
          483.425091,
          462.194697,
          444.387087,
          444.029108
        ]
      },
      {
        "date": "2025-08-01",
        "close": 440.212097,
        "volume": 963624,
        "typical_volume": 1766388.85,
        "trend": 455.452246,
        "fair_value": 774.991889,
        "relative_strength": -24.33974,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.650058,
        "energy": 47.878289,
        "activity_lines": [
          472.487693,
          460.20367,
          445.142304,
          442.639201
        ]
      },
      {
        "date": "2025-08-08",
        "close": 433.802673,
        "volume": 682939,
        "typical_volume": 1729296.4,
        "trend": 449.962016,
        "fair_value": 771.458421,
        "relative_strength": -23.858621,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 15.158984,
        "energy": 16.081912,
        "activity_lines": [
          458.208121,
          457.109626,
          445.097821,
          441.242454
        ]
      },
      {
        "date": "2025-08-15",
        "close": 433.852386,
        "volume": 243378,
        "typical_volume": 1710350.25,
        "trend": 445.233629,
        "fair_value": 767.903166,
        "relative_strength": -23.815636,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -5.578799,
        "energy": 13.052419,
        "activity_lines": [
          445.813291,
          454.033654,
          445.059967,
          440.203123
        ]
      },
      {
        "date": "2025-08-22",
        "close": 476.850006,
        "volume": 3010935,
        "typical_volume": 1843084.35,
        "trend": 442.634092,
        "fair_value": 764.731764,
        "relative_strength": -16.143702,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 12.706714,
        "energy": 15.973563,
        "activity_lines": [
          452.004065,
          458.999467,
          448.976822,
          442.24289
        ]
      },
      {
        "date": "2025-08-29",
        "close": 477.600006,
        "volume": 3348055,
        "typical_volume": 1992609.15,
        "trend": 440.354353,
        "fair_value": 761.423081,
        "relative_strength": -13.628744,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.565061,
        "energy": 19.195759,
        "activity_lines": [
          460.31831,
          463.049761,
          452.665716,
          444.498755
        ]
      },
      {
        "date": "2025-09-05",
        "close": 497.200012,
        "volume": 2958222,
        "typical_volume": 2108853.05,
        "trend": 439.18671,
        "fair_value": 758.204281,
        "relative_strength": -10.242956,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 61.65489,
        "energy": 45.845541,
        "activity_lines": [
          475.230503,
          469.314516,
          457.923285,
          448.166217
        ]
      },
      {
        "date": "2025-09-12",
        "close": 489.350006,
        "volume": 651249,
        "typical_volume": 2085912.1,
        "trend": 439.948521,
        "fair_value": 754.518389,
        "relative_strength": -11.968959,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.569583,
        "energy": 58.146698,
        "activity_lines": [
          483.726833,
          472.787025,
          461.991988,
          451.402559
        ]
      },
      {
        "date": "2025-09-19",
        "close": 469.649994,
        "volume": 1110424,
        "typical_volume": 2124813.25,
        "trend": 440.924816,
        "fair_value": 750.920455,
        "relative_strength": -15.21239,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.72996,
        "energy": 47.437956,
        "activity_lines": [
          481.953337,
          472.177264,
          463.857052,
          453.318783
        ]
      },
      {
        "date": "2025-09-26",
        "close": 430.25,
        "volume": 1294137,
        "typical_volume": 2151426.4,
        "trend": 441.116098,
        "fair_value": 747.306032,
        "relative_strength": -19.276815,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 23.823184,
        "energy": 15.365502,
        "activity_lines": [
          464.660002,
          464.912929,
          461.659916,
          452.630085
        ]
      },
      {
        "date": "2025-10-03",
        "close": 441.950012,
        "volume": 1660535,
        "typical_volume": 2183486.7,
        "trend": 441.21212,
        "fair_value": 743.742242,
        "relative_strength": -16.846851,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 20.543908,
        "energy": 13.139059,
        "activity_lines": [
          454.373338,
          461.134088,
          460.429786,
          452.683886
        ]
      },
      {
        "date": "2025-10-10",
        "close": 434.600006,
        "volume": 10840956,
        "typical_volume": 2620276.35,
        "trend": 442.349993,
        "fair_value": 740.342094,
        "relative_strength": -18.426703,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.069454,
        "energy": 15.392157,
        "activity_lines": [
          444.013338,
          456.684686,
          458.475765,
          452.257298
        ]
      },
      {
        "date": "2025-10-17",
        "close": 438.25,
        "volume": 700894,
        "typical_volume": 2615890.35,
        "trend": 442.484986,
        "fair_value": 737.014394,
        "relative_strength": -18.035898,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.555004,
        "energy": 22.013423,
        "activity_lines": [
          439.043337,
          453.000957,
          456.912411,
          451.992782
        ]
      },
      {
        "date": "2025-10-24",
        "close": 444.200012,
        "volume": 285658,
        "typical_volume": 2572099.45,
        "trend": 443.812021,
        "fair_value": 733.764393,
        "relative_strength": -16.17447,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -14.054349,
        "energy": 23.990106,
        "activity_lines": [
          439.46334,
          450.318187,
          455.896913,
          452.103429
        ]
      },
      {
        "date": "2025-10-31",
        "close": 436.149994,
        "volume": 549664,
        "typical_volume": 2532122.0,
        "trend": 444.551079,
        "fair_value": 730.629876,
        "relative_strength": -16.284472,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -17.994336,
        "energy": 28.311438,
        "activity_lines": [
          438.896669,
          445.98364,
          454.124149,
          451.609105
        ]
      },
      {
        "date": "2025-11-07",
        "close": 431.450012,
        "volume": 276871,
        "typical_volume": 2506327.85,
        "trend": 445.098692,
        "fair_value": 727.545294,
        "relative_strength": -15.251341,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.166083,
        "energy": 22.471207,
        "activity_lines": [
          436.370005,
          441.53455,
          451.822084,
          450.763874
        ]
      },
      {
        "date": "2025-11-14",
        "close": 426.149994,
        "volume": 558942,
        "typical_volume": 2500252.6,
        "trend": 445.819091,
        "fair_value": 724.644459,
        "relative_strength": -16.664414,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.137877,
        "energy": 24.247286,
        "activity_lines": [
          432.776668,
          436.960912,
          448.881661,
          449.541378
        ]
      },
      {
        "date": "2025-11-21",
        "close": 408.450012,
        "volume": 517039,
        "typical_volume": 2277287.55,
        "trend": 445.414545,
        "fair_value": 721.447884,
        "relative_strength": -19.773032,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -42.244794,
        "energy": 45.365239,
        "activity_lines": [
          423.846671,
          430.460914,
          444.236367,
          447.13047
        ]
      },
      {
        "date": "2025-11-28",
        "close": 409.25,
        "volume": 425913,
        "typical_volume": 1635890.65,
        "trend": 445.569954,
        "fair_value": 718.020363,
        "relative_strength": -19.075474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.611445,
        "energy": 62.408712,
        "activity_lines": [
          417.170003,
          425.577277,
          439.921429,
          444.797273
        ]
      },
      {
        "date": "2025-12-05",
        "close": 404.5,
        "volume": 232112,
        "typical_volume": 1553886.55,
        "trend": 445.742585,
        "fair_value": 714.654797,
        "relative_strength": -19.042519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.216533,
        "energy": 71.132944,
        "activity_lines": [
          411.240002,
          420.928185,
          435.575056,
          442.147599
        ]
      },
      {
        "date": "2025-12-12",
        "close": 405.049988,
        "volume": 450682,
        "typical_volume": 1538111.45,
        "trend": 444.679823,
        "fair_value": 711.405415,
        "relative_strength": -17.636858,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.189712,
        "energy": 69.567593,
        "activity_lines": [
          407.603331,
          416.847273,
          431.759405,
          439.52227
        ]
      },
      {
        "date": "2025-12-19",
        "close": 402.149994,
        "volume": 266679,
        "typical_volume": 1503264.2,
        "trend": 443.296809,
        "fair_value": 708.360226,
        "relative_strength": -17.050015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.52608,
        "energy": 68.400839,
        "activity_lines": [
          404.759996,
          412.909999,
          428.017656,
          436.77841
        ]
      },
      {
        "date": "2025-12-26",
        "close": 403.200012,
        "volume": 203730,
        "typical_volume": 1479303.75,
        "trend": 442.260158,
        "fair_value": 705.185061,
        "relative_strength": -16.171014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.216292,
        "energy": 68.280032,
        "activity_lines": [
          403.866667,
          409.753637,
          424.557156,
          434.19152
        ]
      },
      {
        "date": "2026-01-02",
        "close": 403.299988,
        "volume": 187504,
        "typical_volume": 1476510.05,
        "trend": 440.831013,
        "fair_value": 702.096928,
        "relative_strength": -16.109903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.733863,
        "energy": 66.222889,
        "activity_lines": [
          403.356663,
          407.252726,
          421.251905,
          431.67796
        ]
      },
      {
        "date": "2026-01-09",
        "close": 400.299988,
        "volume": 278512,
        "typical_volume": 1339888.9,
        "trend": 440.207797,
        "fair_value": 699.017729,
        "relative_strength": -13.737413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.908251,
        "energy": 65.076854,
        "activity_lines": [
          402.243327,
          404.949996,
          417.806428,
          429.063056
        ]
      },
      {
        "date": "2026-01-16",
        "close": 388.299988,
        "volume": 205749,
        "typical_volume": 1182773.6,
        "trend": 439.704621,
        "fair_value": 696.187555,
        "relative_strength": -15.486882,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.265178,
        "energy": 75.205438,
        "activity_lines": [
          397.409992,
          401.117267,
          413.582617,
          425.714165
        ]
      },
      {
        "date": "2026-01-23",
        "close": 357.700012,
        "volume": 514893,
        "typical_volume": 1060607.15,
        "trend": 437.557068,
        "fair_value": 693.352048,
        "relative_strength": -19.29408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.340121,
        "energy": 89.513331,
        "activity_lines": [
          383.493331,
          392.505452,
          406.869761,
          420.423545
        ]
      },
      {
        "date": "2026-01-30",
        "close": 391.200012,
        "volume": 416260,
        "typical_volume": 1048857.7,
        "trend": 435.202894,
        "fair_value": 690.766728,
        "relative_strength": -11.939628,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.587456,
        "energy": 60.895829,
        "activity_lines": [
          383.706669,
          391.22909,
          404.011667,
          417.432767
        ]
      },
      {
        "date": "2026-02-06",
        "close": 369.25,
        "volume": 400179,
        "typical_volume": 1013345.45,
        "trend": 430.922949,
        "fair_value": 688.142918,
        "relative_strength": -17.342793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.488535,
        "energy": 63.139139,
        "activity_lines": [
          377.403337,
          386.275454,
          399.530476,
          413.177742
        ]
      },
      {
        "date": "2026-02-13",
        "close": 359.799988,
        "volume": 407671,
        "typical_volume": 969022.15,
        "trend": 426.084546,
        "fair_value": 685.518341,
        "relative_strength": -18.191564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.222021,
        "energy": 62.521438,
        "activity_lines": [
          370.219999,
          380.330907,
          394.62738,
          408.589163
        ]
      },
      {
        "date": "2026-02-20",
        "close": 357.950012,
        "volume": 292408,
        "typical_volume": 900615.8,
        "trend": 422.063907,
        "fair_value": 682.89931,
        "relative_strength": -18.447806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.207757,
        "energy": 59.530953,
        "activity_lines": [
          365.120003,
          374.862728,
          389.883571,
          404.193387
        ]
      },
      {
        "date": "2026-02-27",
        "close": 348.100006,
        "volume": 264761,
        "typical_volume": 371806.05,
        "trend": 418.993504,
        "fair_value": 680.263656,
        "relative_strength": -18.968537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.301531,
        "energy": 73.334399,
        "activity_lines": [
          358.760004,
          368.460002,
          384.601667,
          399.421522
        ]
      },
      {
        "date": "2026-03-06",
        "close": 321.799988,
        "volume": 457314,
        "typical_volume": 359627.05,
        "trend": 415.260081,
        "fair_value": 677.531247,
        "relative_strength": -22.30736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.687528,
        "energy": 87.762065,
        "activity_lines": [
          344.273332,
          358.258181,
          377.226904,
          393.150973
        ]
      },
      {
        "date": "2026-03-13",
        "close": 294.700012,
        "volume": 662281,
        "typical_volume": 378458.2,
        "trend": 410.621668,
        "fair_value": 674.474805,
        "relative_strength": -24.414925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.269623,
        "energy": 95.606803,
        "activity_lines": [
          325.380003,
          344.609093,
          367.825715,
          385.372904
        ]
      },
      {
        "date": "2026-03-20",
        "close": 273.950012,
        "volume": 967957,
        "typical_volume": 399372.85,
        "trend": 403.858335,
        "fair_value": 671.078706,
        "relative_strength": -29.07958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.380756,
        "energy": 96.964745,
        "activity_lines": [
          304.540006,
          329.161822,
          357.16024,
          376.555378
        ]
      },
      {
        "date": "2026-03-27",
        "close": 249.75,
        "volume": 875261,
        "typical_volume": 429292.35,
        "trend": 396.263335,
        "fair_value": 667.293935,
        "relative_strength": -34.034564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.329888,
        "energy": 97.347185,
        "activity_lines": [
          281.356671,
          311.611822,
          344.962382,
          366.612905
        ]
      },
      {
        "date": "2026-04-03",
        "close": 267.450012,
        "volume": 623673,
        "typical_volume": 432528.9,
        "trend": 388.605002,
        "fair_value": 663.737182,
        "relative_strength": -28.506324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.284198,
        "energy": 89.987621,
        "activity_lines": [
          271.286674,
          299.799096,
          335.315479,
          358.302368
        ]
      },
      {
        "date": "2026-04-10",
        "close": 290.119995,
        "volume": 3634226,
        "typical_volume": 588388.25,
        "trend": 381.964001,
        "fair_value": 660.438407,
        "relative_strength": -26.232313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.98467,
        "energy": 71.512229,
        "activity_lines": [
          274.150004,
          293.749094,
          328.583335,
          351.948496
        ]
      },
      {
        "date": "2026-04-17",
        "close": 309.029999,
        "volume": 538102,
        "typical_volume": 593997.7,
        "trend": 376.610002,
        "fair_value": 657.190281,
        "relative_strength": -22.009852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.909015,
        "energy": 62.135666,
        "activity_lines": [
          285.428668,
          292.975094,
          324.215621,
          347.243077
        ]
      },
      {
        "date": "2026-04-24",
        "close": 301.190002,
        "volume": 385427,
        "typical_volume": 601663.45,
        "trend": 372.308002,
        "fair_value": 653.783988,
        "relative_strength": -22.088777,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.836483,
        "energy": 47.446473,
        "activity_lines": [
          293.138668,
          291.870548,
          319.578478,
          342.37727
        ]
      },
      {
        "date": "2026-05-01",
        "close": 298.089996,
        "volume": 314321,
        "typical_volume": 594845.4,
        "trend": 367.512668,
        "fair_value": 650.367949,
        "relative_strength": -22.825746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.679061,
        "energy": 38.340141,
        "activity_lines": [
          297.999332,
          291.268001,
          315.138049,
          337.589012
        ]
      },
      {
        "date": "2026-05-08",
        "close": 308.850006,
        "volume": 1647013,
        "typical_volume": 663862.1,
        "trend": 363.321001,
        "fair_value": 646.704748,
        "relative_strength": -20.263193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.247829,
        "energy": 30.717246,
        "activity_lines": [
          303.224001,
          293.710184,
          312.231716,
          333.804324
        ]
      },
      {
        "date": "2026-05-15",
        "close": 288.399994,
        "volume": 636609,
        "typical_volume": 685506.05,
        "trend": 358.326001,
        "fair_value": 643.064886,
        "relative_strength": -23.381176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.475732,
        "energy": 35.628939,
        "activity_lines": [
          298.871999,
          293.147819,
          307.822049,
          328.970711
        ]
      },
      {
        "date": "2026-05-22",
        "close": 294.399994,
        "volume": 283869,
        "typical_volume": 690324.3,
        "trend": 353.332667,
        "fair_value": 639.426777,
        "relative_strength": -21.52154,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.923669,
        "energy": 34.021958,
        "activity_lines": [
          296.634664,
          294.283635,
          304.530477,
          324.846452
        ]
      },
      {
        "date": "2026-05-29",
        "close": 345.299988,
        "volume": 17052900,
        "typical_volume": 1529043.7,
        "trend": 350.304333,
        "fair_value": 635.938685,
        "relative_strength": -6.956317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.403578,
        "energy": 12.796118,
        "activity_lines": [
          312.339327,
          304.679451,
          306.605095,
          324.328215
        ]
      },
      {
        "date": "2026-06-05",
        "close": 330.049988,
        "volume": 188000,
        "typical_volume": 1528156.25,
        "trend": 346.924333,
        "fair_value": 632.38828,
        "relative_strength": -9.967785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.973346,
        "energy": 12.806336,
        "activity_lines": [
          320.019991,
          311.005267,
          307.489236,
          323.021483
        ]
      },
      {
        "date": "2026-06-12",
        "close": 342.649994,
        "volume": 159462,
        "typical_volume": 1510384.7,
        "trend": 344.140999,
        "fair_value": 628.740796,
        "relative_strength": -7.266427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.202938,
        "energy": 22.373696,
        "activity_lines": [
          329.769991,
          318.161994,
          309.85076,
          322.745719
        ]
      },
      {
        "date": "2026-06-19",
        "close": 355.850006,
        "volume": 251468,
        "typical_volume": 1502145.1,
        "trend": 342.387666,
        "fair_value": 625.329193,
        "relative_strength": -5.113747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 16.098821,
        "energy": 33.661586,
        "activity_lines": [
          341.666663,
          326.35145,
          313.541094,
          323.501139
        ]
      },
      {
        "date": "2026-06-26",
        "close": 413.549988,
        "volume": 0,
        "typical_volume": 1482136.15,
        "trend": 342.530999,
        "fair_value": 622.227019,
        "relative_strength": 9.976781,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 54.550012,
        "energy": 72.906292,
        "activity_lines": [
          368.299994,
          343.836722,
          322.894997,
          328.092256
        ]
      },
      {
        "date": "2026-07-03",
        "close": 397.149994,
        "volume": 228843,
        "typical_volume": 1473194.75,
        "trend": 342.285999,
        "fair_value": 618.969084,
        "relative_strength": 4.909675,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 44.865875,
        "energy": 74.425647,
        "activity_lines": [
          381.523328,
          356.439812,
          330.476044,
          331.616062
        ]
      },
      {
        "date": "2026-07-10",
        "close": 394.700012,
        "volume": 1530051,
        "typical_volume": 1535076.9,
        "trend": 341.940999,
        "fair_value": 615.797343,
        "relative_strength": 4.98867,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 45.416391,
        "energy": 76.962876,
        "activity_lines": [
          390.473334,
          366.852724,
          337.645903,
          334.997612
        ]
      },
      {
        "date": "2026-07-17",
        "close": 439.950012,
        "volume": 38295285,
        "typical_volume": 3436603.1,
        "trend": 343.201,
        "fair_value": 612.78402,
        "relative_strength": 16.722228,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 61.803949,
        "energy": 85.056232,
        "activity_lines": [
          410.196671,
          383.736364,
          348.950285,
          341.320774
        ]
      },
      {
        "date": "2026-07-24",
        "close": 402.950012,
        "volume": 15081471,
        "typical_volume": 4167810.95,
        "trend": 343.192667,
        "fair_value": 609.341114,
        "relative_strength": 9.77097,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 66.229602,
        "energy": 74.16555,
        "activity_lines": [
          411.100008,
          391.509094,
          356.293476,
          345.175549
        ]
      },
      {
        "date": "2026-07-31",
        "close": 406.549988,
        "volume": 2135517,
        "typical_volume": 4241472.75,
        "trend": 343.301,
        "fair_value": 606.037424,
        "relative_strength": 8.120951,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.834516,
        "energy": 57.000353,
        "activity_lines": [
          410.063336,
          397.853637,
          363.593094,
          349.263118
        ]
      },
      {
        "date": "2026-08-07",
        "close": 423.450012,
        "volume": 1630998,
        "typical_volume": 4274624.8,
        "trend": 344.072667,
        "fair_value": 602.694599,
        "relative_strength": 11.837875,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.948784,
        "energy": 57.758212,
        "activity_lines": [
          415.126672,
          405.231821,
          371.969619,
          354.434022
        ]
      }
    ],
    "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."
    }
  }
}