{
  "ticker": {
    "uuid": "5a210e20-be6e-4d18-a6f9-8d07a94cddf8",
    "symbol": "MANOMAY",
    "name": "Manomay Tex India 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": 66.881,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": 13.253,
    "architecture_energy": 28.068,
    "architecture_maturity": 58.554,
    "architecture_confidence": 44.488,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 47.14,
        "rotation_up": 50.66,
        "upward_expansion": 36.38,
        "deceleration": 37.19,
        "rotation_down": 19.43,
        "downward_expansion": 47.05
      },
      "activity_lines": [
        206.716664,
        197.649998,
        195.606951,
        200.499161
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 218.789993,
    "trend_reference": 207.138666,
    "distance_from_trend": 0.056249,
    "trend_direction": "Weakening",
    "fair_value": 190.499102,
    "distance_from_fair_value": 0.148509,
    "fair_value_direction": "Improving",
    "relative_strength": 7.869403,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.000503,
    "excess_performance": 0.044212,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.056249,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.044701,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.148509,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.117205,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.078694,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.082591,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.000503,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 7.644674,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 798108,
      "relative_activity": 2.262193,
      "balance": 7.644674,
      "dry_up": 1.660932,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.071368,
      "annualized_volatility": 0.468894,
      "from_high_reference": -0.158111,
      "from_low_reference": 0.419792
    },
    "levels": {
      "trend_reference": 207.138666,
      "fair_value_reference": 190.499102,
      "structural_low": 160.25,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": -0.015546,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.545455,
        "median_excess_return": -0.011136,
        "regime_survival": 0.818182,
        "best_return": 0.069785,
        "worst_return": -0.073746,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.018129,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.093588,
        "regime_survival": 0.666667,
        "best_return": -0.001626,
        "worst_return": -0.207724,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.015619,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.064946,
        "regime_survival": 0.5,
        "best_return": 0.19085,
        "worst_return": -0.222087,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.073622,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.174477,
        "regime_survival": 0.0,
        "best_return": -0.073622,
        "worst_return": -0.073622,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-26",
        "end": "2024-09-13",
        "tenure": "Developing",
        "return": -0.103921,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-20",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.204848,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-01",
        "end": "2024-11-29",
        "tenure": "Developing",
        "return": 0.027738,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-06",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.007364,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-20",
        "end": "2024-12-27",
        "tenure": "New",
        "return": 0.038889,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-03",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": -0.135086,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-21",
        "end": "2025-09-05",
        "tenure": "Extended",
        "return": -0.048602,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-12",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": 0.176187,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.002443,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-02",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": 0.14344,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-08",
        "end": "2026-05-15",
        "tenure": "New",
        "return": -0.073158,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-22",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.195835,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 135.850006,
        "volume": 13621,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 128.899994,
        "volume": 17466,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 129.300003,
        "volume": 82769,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 133.449997,
        "volume": 105674,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 143.699997,
        "volume": 31232,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 137.600006,
        "volume": 17602,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 136.100006,
        "volume": 20321,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 135.399994,
        "volume": 162550,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 130.800003,
        "volume": 14254,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 121.050003,
        "volume": 53584,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 124.550003,
        "volume": 6330,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 122.699997,
        "volume": 11371,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 124.650002,
        "volume": 11647,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 126.949997,
        "volume": 20294,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 121.699997,
        "volume": 77207,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 122.550003,
        "volume": 8933,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 151.75,
        "volume": 138007,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 147.0,
        "volume": 264648,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 174.100006,
        "volume": 241107,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 152.949997,
        "volume": 56148,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 160.0,
        "volume": 36208,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 193.100006,
        "volume": 267576,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 199.449997,
        "volume": 134844,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 188.199997,
        "volume": 17256,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 183.25,
        "volume": 19054,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 191.899994,
        "volume": 31312,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 185.300003,
        "volume": 16302,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 197.0,
        "volume": 36861,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 184.899994,
        "volume": 8127,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 192.949997,
        "volume": 22645,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 170.399994,
        "volume": 48005,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 175.0,
        "volume": 56542,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 166.350006,
        "volume": 68494,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 171.0,
        "volume": 11314,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 172.100006,
        "volume": 3749,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 188.399994,
        "volume": 40545,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 201.449997,
        "volume": 465134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 191.600006,
        "volume": 31243,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 178.050003,
        "volume": 18756,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 190.649994,
        "volume": 55160,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 184.199997,
        "volume": 38408,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 182.25,
        "volume": 38256,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 183.5,
        "volume": 45000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 181.470001,
        "volume": 18200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 186.600006,
        "volume": 22540,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 181.039993,
        "volume": 17489,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 185.679993,
        "volume": 126694,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 195.600006,
        "volume": 186816,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 231.199997,
        "volume": 1094053,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 249.419998,
        "volume": 658659,
        "typical_volume": 152252.85,
        "trend": 188.066999,
        "fair_value": 154.0745,
        "relative_strength": 31.326845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.264468,
        "energy": 79.411151,
        "activity_lines": [
          220.739998,
          205.161453,
          195.427285,
          191.679634
        ]
      },
      {
        "date": "2024-08-02",
        "close": 290.049988,
        "volume": 848833,
        "typical_volume": 192294.25,
        "trend": 192.401999,
        "fair_value": 155.75321,
        "relative_strength": 51.601128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.356117,
        "energy": 91.8651,
        "activity_lines": [
          247.893995,
          222.243997,
          205.117951,
          198.259181
        ]
      },
      {
        "date": "2024-08-09",
        "close": 298.299988,
        "volume": 667371,
        "typical_volume": 222835.7,
        "trend": 195.908665,
        "fair_value": 157.491585,
        "relative_strength": 56.081379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.618331,
        "energy": 95.601886,
        "activity_lines": [
          270.530659,
          238.901995,
          215.024569,
          205.09131
        ]
      },
      {
        "date": "2024-08-16",
        "close": 302.149994,
        "volume": 329169,
        "typical_volume": 235869.45,
        "trend": 199.331998,
        "fair_value": 159.234457,
        "relative_strength": 54.972099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.291275,
        "energy": 93.274104,
        "activity_lines": [
          286.942659,
          254.149995,
          224.710711,
          211.945589
        ]
      },
      {
        "date": "2024-08-23",
        "close": 300.200012,
        "volume": 347155,
        "typical_volume": 252661.5,
        "trend": 203.065332,
        "fair_value": 160.912619,
        "relative_strength": 50.257659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.63265,
        "energy": 90.162186,
        "activity_lines": [
          295.601332,
          266.886179,
          233.564474,
          218.453203
        ]
      },
      {
        "date": "2024-08-30",
        "close": 262.450012,
        "volume": 209750,
        "typical_volume": 262961.55,
        "trend": 205.705332,
        "fair_value": 162.107176,
        "relative_strength": 28.067724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.083601,
        "energy": 76.033384,
        "activity_lines": [
          287.07667,
          270.6,
          238.207761,
          222.284472
        ]
      },
      {
        "date": "2024-09-06",
        "close": 246.649994,
        "volume": 180826,
        "typical_volume": 269975.6,
        "trend": 207.530332,
        "fair_value": 163.090232,
        "relative_strength": 21.299476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.701513,
        "energy": 53.727438,
        "activity_lines": [
          272.416669,
          270.061999,
          240.916046,
          224.926063
        ]
      },
      {
        "date": "2024-09-13",
        "close": 223.5,
        "volume": 137934,
        "typical_volume": 253615.6,
        "trend": 208.803666,
        "fair_value": 163.784598,
        "relative_strength": 7.300184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.463129,
        "energy": 26.404799,
        "activity_lines": [
          252.933335,
          264.122,
          241.142189,
          225.956365
        ]
      },
      {
        "date": "2024-09-20",
        "close": 235.149994,
        "volume": 76609,
        "typical_volume": 255883.9,
        "trend": 210.075332,
        "fair_value": 164.595568,
        "relative_strength": 10.442479,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.755522,
        "energy": 30.011962,
        "activity_lines": [
          242.319999,
          259.612544,
          242.372856,
          227.656128
        ]
      },
      {
        "date": "2024-09-27",
        "close": 222.399994,
        "volume": 73473,
        "typical_volume": 258619.75,
        "trend": 211.325332,
        "fair_value": 165.245056,
        "relative_strength": 2.532285,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.324506,
        "energy": 26.438497,
        "activity_lines": [
          231.92333,
          252.065816,
          242.181855,
          228.451267
        ]
      },
      {
        "date": "2024-10-04",
        "close": 219.970001,
        "volume": 15257,
        "typical_volume": 256624.6,
        "trend": 212.225999,
        "fair_value": 165.853111,
        "relative_strength": 5.665368,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.550684,
        "energy": 23.36626,
        "activity_lines": [
          225.90333,
          244.237271,
          241.548236,
          229.008988
        ]
      },
      {
        "date": "2024-10-11",
        "close": 218.119995,
        "volume": 74335,
        "typical_volume": 258420.95,
        "trend": 213.816666,
        "fair_value": 166.427472,
        "relative_strength": 4.477435,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.468456,
        "energy": 17.690036,
        "activity_lines": [
          222.098663,
          236.607816,
          240.598807,
          229.389246
        ]
      },
      {
        "date": "2024-10-18",
        "close": 211.080002,
        "volume": 47992,
        "typical_volume": 258907.75,
        "trend": 215.019332,
        "fair_value": 166.912826,
        "relative_strength": 1.019659,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.447764,
        "energy": 23.002831,
        "activity_lines": [
          217.849332,
          229.006181,
          238.817379,
          229.212687
        ]
      },
      {
        "date": "2024-10-25",
        "close": 186.979996,
        "volume": 131207,
        "typical_volume": 263218.1,
        "trend": 215.706999,
        "fair_value": 167.128602,
        "relative_strength": -8.27318,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.878693,
        "energy": 50.458696,
        "activity_lines": [
          206.394665,
          218.608544,
          234.603427,
          227.403697
        ]
      },
      {
        "date": "2024-11-01",
        "close": 191.070007,
        "volume": 10236,
        "typical_volume": 262819.9,
        "trend": 216.375999,
        "fair_value": 167.383298,
        "relative_strength": -7.057255,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.821557,
        "energy": 60.783845,
        "activity_lines": [
          199.514668,
          211.048545,
          230.762427,
          225.814214
        ]
      },
      {
        "date": "2024-11-08",
        "close": 203.919998,
        "volume": 27432,
        "typical_volume": 263064.5,
        "trend": 217.436665,
        "fair_value": 167.767894,
        "relative_strength": -0.6233,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.549589,
        "energy": 57.287045,
        "activity_lines": [
          199.006667,
          207.80909,
          228.099523,
          225.010601
        ]
      },
      {
        "date": "2024-11-15",
        "close": 193.029999,
        "volume": 20612,
        "typical_volume": 263220.65,
        "trend": 217.590999,
        "fair_value": 168.031041,
        "relative_strength": -3.854822,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.669031,
        "energy": 55.493454,
        "activity_lines": [
          195.938667,
          203.653817,
          224.316999,
          223.435977
        ]
      },
      {
        "date": "2024-11-22",
        "close": 192.839996,
        "volume": 309863,
        "typical_volume": 272379.1,
        "trend": 217.303999,
        "fair_value": 168.286804,
        "relative_strength": -5.861273,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.998176,
        "energy": 40.896866,
        "activity_lines": [
          194.479999,
          200.438908,
          220.459284,
          221.839138
        ]
      },
      {
        "date": "2024-11-29",
        "close": 196.369995,
        "volume": 194648,
        "typical_volume": 272770.7,
        "trend": 217.462998,
        "fair_value": 168.573367,
        "relative_strength": -5.470939,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.557072,
        "energy": 32.000959,
        "activity_lines": [
          195.413997,
          198.423271,
          216.903665,
          220.488557
        ]
      },
      {
        "date": "2024-12-06",
        "close": 198.25,
        "volume": 239169,
        "typical_volume": 230026.5,
        "trend": 218.136332,
        "fair_value": 168.873131,
        "relative_strength": -6.845954,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -29.278441,
        "energy": 29.602593,
        "activity_lines": [
          196.348664,
          197.454544,
          213.523427,
          219.249009
        ]
      },
      {
        "date": "2024-12-13",
        "close": 196.789993,
        "volume": 26536,
        "typical_volume": 198420.35,
        "trend": 218.340998,
        "fair_value": 169.1523,
        "relative_strength": -8.094102,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -54.331854,
        "energy": 37.519857,
        "activity_lines": [
          196.317996,
          196.659452,
          210.161046,
          217.871826
        ]
      },
      {
        "date": "2024-12-20",
        "close": 221.399994,
        "volume": 1232844,
        "typical_volume": 217620.9,
        "trend": 219.580998,
        "fair_value": 169.669603,
        "relative_strength": 8.278974,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.154847,
        "energy": 19.697703,
        "activity_lines": [
          204.965995,
          200.76036,
          209.393093,
          218.069181
        ]
      },
      {
        "date": "2024-12-27",
        "close": 230.009995,
        "volume": 197246,
        "typical_volume": 194114.65,
        "trend": 221.172998,
        "fair_value": 170.261176,
        "relative_strength": 10.77868,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.493546,
        "energy": 15.690211,
        "activity_lines": [
          214.592662,
          206.367087,
          209.772045,
          218.742019
        ]
      },
      {
        "date": "2025-01-03",
        "close": 220.600006,
        "volume": 75911,
        "typical_volume": 181451.75,
        "trend": 222.409665,
        "fair_value": 170.749902,
        "relative_strength": 4.978203,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.562751,
        "energy": 15.231228,
        "activity_lines": [
          218.604665,
          209.918725,
          209.579998,
          218.705052
        ]
      },
      {
        "date": "2025-01-10",
        "close": 215.199997,
        "volume": 99573,
        "typical_volume": 169072.65,
        "trend": 223.533998,
        "fair_value": 171.177307,
        "relative_strength": 4.829906,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.286902,
        "energy": 17.395488,
        "activity_lines": [
          219.201332,
          211.87727,
          209.261998,
          218.239912
        ]
      },
      {
        "date": "2025-01-17",
        "close": 211.029999,
        "volume": 446818,
        "typical_volume": 180926.05,
        "trend": 224.348331,
        "fair_value": 171.556857,
        "relative_strength": 3.839525,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.276054,
        "energy": 13.43616,
        "activity_lines": [
          217.277999,
          212.638907,
          208.951617,
          217.433202
        ]
      },
      {
        "date": "2025-01-24",
        "close": 206.059998,
        "volume": 261442,
        "typical_volume": 184956.85,
        "trend": 225.182331,
        "fair_value": 171.882358,
        "relative_strength": 1.85689,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.590748,
        "energy": 9.276199,
        "activity_lines": [
          212.748666,
          212.367634,
          208.41276,
          216.25331
        ]
      },
      {
        "date": "2025-01-31",
        "close": 193.720001,
        "volume": 87286,
        "typical_volume": 182424.45,
        "trend": 225.450332,
        "fair_value": 172.086448,
        "relative_strength": -5.908266,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.494602,
        "energy": 25.041647,
        "activity_lines": [
          205.128666,
          209.615817,
          206.891951,
          214.223482
        ]
      },
      {
        "date": "2025-02-07",
        "close": 206.119995,
        "volume": 71224,
        "typical_volume": 182155.2,
        "trend": 225.800998,
        "fair_value": 172.401574,
        "relative_strength": -0.091115,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.097578,
        "energy": 22.281573,
        "activity_lines": [
          204.061331,
          209.102544,
          206.693903,
          212.976364
        ]
      },
      {
        "date": "2025-02-14",
        "close": 190.800003,
        "volume": 60208,
        "typical_volume": 181491.95,
        "trend": 224.454331,
        "fair_value": 172.570366,
        "relative_strength": -4.955098,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.984074,
        "energy": 34.77975,
        "activity_lines": [
          198.852666,
          205.626545,
          205.175046,
          210.718235
        ]
      },
      {
        "date": "2025-02-21",
        "close": 178.179993,
        "volume": 36639,
        "typical_volume": 182561.05,
        "trend": 222.079665,
        "fair_value": 172.621363,
        "relative_strength": -10.515533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.175444,
        "energy": 54.695384,
        "activity_lines": [
          191.063997,
          199.991453,
          202.60476,
          207.732794
        ]
      },
      {
        "date": "2025-02-28",
        "close": 159.490005,
        "volume": 26652,
        "typical_volume": 180176.9,
        "trend": 217.727665,
        "fair_value": 172.503063,
        "relative_strength": -17.277371,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.820165,
        "energy": 68.904031,
        "activity_lines": [
          179.235333,
          191.296545,
          198.453475,
          203.694751
        ]
      },
      {
        "date": "2025-03-07",
        "close": 173.490005,
        "volume": 52624,
        "typical_volume": 180408.5,
        "trend": 213.567332,
        "fair_value": 172.511875,
        "relative_strength": -11.550108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.075975,
        "energy": 67.160182,
        "activity_lines": [
          175.178002,
          186.272728,
          195.914713,
          200.840709
        ]
      },
      {
        "date": "2025-03-14",
        "close": 184.759995,
        "volume": 50475,
        "typical_volume": 176371.9,
        "trend": 209.654332,
        "fair_value": 172.620265,
        "relative_strength": -5.258474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.425866,
        "energy": 58.231428,
        "activity_lines": [
          176.226,
          184.325636,
          194.628285,
          198.982171
        ]
      },
      {
        "date": "2025-03-21",
        "close": 175.410004,
        "volume": 61712,
        "typical_volume": 178945.7,
        "trend": 205.494666,
        "fair_value": 172.644736,
        "relative_strength": -13.647014,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.005474,
        "energy": 52.74975,
        "activity_lines": [
          175.581335,
          181.330182,
          192.461952,
          196.772859
        ]
      },
      {
        "date": "2025-03-28",
        "close": 166.580002,
        "volume": 530085,
        "typical_volume": 204078.35,
        "trend": 202.298999,
        "fair_value": 172.592,
        "relative_strength": -18.516757,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.776097,
        "energy": 42.031311,
        "activity_lines": [
          173.019335,
          177.452728,
          189.529238,
          194.262236
        ]
      },
      {
        "date": "2025-04-04",
        "close": 183.949997,
        "volume": 61607,
        "typical_volume": 206128.1,
        "trend": 200.208999,
        "fair_value": 172.689913,
        "relative_strength": -7.693531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.288537,
        "energy": 31.359176,
        "activity_lines": [
          177.020667,
          177.541637,
          188.428619,
          193.078429
        ]
      },
      {
        "date": "2025-04-11",
        "close": 178.360001,
        "volume": 18614,
        "typical_volume": 191565.65,
        "trend": 198.704332,
        "fair_value": 172.738376,
        "relative_strength": -10.234908,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.81859,
        "energy": 26.190735,
        "activity_lines": [
          177.528,
          177.016182,
          186.838857,
          191.668816
        ]
      },
      {
        "date": "2025-04-18",
        "close": 180.619995,
        "volume": 23834,
        "typical_volume": 183024.95,
        "trend": 196.886665,
        "fair_value": 172.805169,
        "relative_strength": -12.816752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.896383,
        "energy": 23.096994,
        "activity_lines": [
          178.463999,
          177.180909,
          185.533285,
          190.502085
        ]
      },
      {
        "date": "2025-04-25",
        "close": 172.770004,
        "volume": 46298,
        "typical_volume": 173381.4,
        "trend": 195.232332,
        "fair_value": 172.804873,
        "relative_strength": -16.926233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.298191,
        "energy": 21.894913,
        "activity_lines": [
          177.059333,
          176.382,
          183.555095,
          188.946171
        ]
      },
      {
        "date": "2025-05-02",
        "close": 170.449997,
        "volume": 18488,
        "typical_volume": 172979.0,
        "trend": 193.581666,
        "fair_value": 172.78525,
        "relative_strength": -18.801373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.99907,
        "energy": 28.997268,
        "activity_lines": [
          175.057332,
          175.489091,
          181.477285,
          187.347311
        ]
      },
      {
        "date": "2025-05-09",
        "close": 167.600006,
        "volume": 20116,
        "typical_volume": 112342.6,
        "trend": 191.897666,
        "fair_value": 172.742396,
        "relative_strength": -18.834996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.096162,
        "energy": 36.569514,
        "activity_lines": [
          171.847335,
          174.218546,
          179.253476,
          185.671075
        ]
      },
      {
        "date": "2025-05-16",
        "close": 172.600006,
        "volume": 36960,
        "typical_volume": 104328.3,
        "trend": 190.614999,
        "fair_value": 172.741229,
        "relative_strength": -19.508122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.326879,
        "energy": 36.693067,
        "activity_lines": [
          171.394003,
          173.709638,
          177.762048,
          184.426065
        ]
      },
      {
        "date": "2025-05-23",
        "close": 169.389999,
        "volume": 46509,
        "typical_volume": 102858.2,
        "trend": 190.028666,
        "fair_value": 172.713983,
        "relative_strength": -20.259267,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.796663,
        "energy": 40.195106,
        "activity_lines": [
          170.254669,
          172.633274,
          176.238286,
          183.05671
        ]
      },
      {
        "date": "2025-05-30",
        "close": 168.679993,
        "volume": 12365,
        "typical_volume": 98497.8,
        "trend": 189.282332,
        "fair_value": 172.681451,
        "relative_strength": -20.035639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.385311,
        "energy": 40.815438,
        "activity_lines": [
          169.627333,
          171.707273,
          174.890762,
          181.679376
        ]
      },
      {
        "date": "2025-06-06",
        "close": 174.149994,
        "volume": 33489,
        "typical_volume": 77831.35,
        "trend": 188.289999,
        "fair_value": 172.6932,
        "relative_strength": -18.106931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.284957,
        "energy": 28.599142,
        "activity_lines": [
          171.095997,
          171.898181,
          174.285714,
          180.703096
        ]
      },
      {
        "date": "2025-06-13",
        "close": 168.600006,
        "volume": 29811,
        "typical_volume": 66249.8,
        "trend": 187.475666,
        "fair_value": 172.660714,
        "relative_strength": -19.63859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.645918,
        "energy": 30.365484,
        "activity_lines": [
          170.467999,
          170.942364,
          173.327714,
          179.432774
        ]
      },
      {
        "date": "2025-06-20",
        "close": 172.229996,
        "volume": 12287,
        "typical_volume": 62499.85,
        "trend": 186.788666,
        "fair_value": 172.657322,
        "relative_strength": -18.997191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.689486,
        "energy": 22.615006,
        "activity_lines": [
          170.983331,
          170.925636,
          172.893809,
          178.449182
        ]
      },
      {
        "date": "2025-06-27",
        "close": 166.339996,
        "volume": 18137,
        "typical_volume": 59845.5,
        "trend": 185.787666,
        "fair_value": 172.607968,
        "relative_strength": -23.187073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.807357,
        "energy": 29.805711,
        "activity_lines": [
          169.559998,
          169.949453,
          172.001285,
          177.129913
        ]
      },
      {
        "date": "2025-07-04",
        "close": 165.339996,
        "volume": 39411,
        "typical_volume": 58805.65,
        "trend": 184.690666,
        "fair_value": 172.551627,
        "relative_strength": -22.918644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.210771,
        "energy": 36.073284,
        "activity_lines": [
          168.006664,
          169.051089,
          171.202951,
          175.810709
        ]
      },
      {
        "date": "2025-07-11",
        "close": 171.399994,
        "volume": 71039,
        "typical_volume": 60525.65,
        "trend": 183.844332,
        "fair_value": 172.542769,
        "relative_strength": -18.888664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.706502,
        "energy": 27.928248,
        "activity_lines": [
          168.695996,
          169.389633,
          171.102998,
          174.953246
        ]
      },
      {
        "date": "2025-07-18",
        "close": 167.289993,
        "volume": 15695,
        "typical_volume": 59977.8,
        "trend": 182.040666,
        "fair_value": 172.502671,
        "relative_strength": -19.757896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.044386,
        "energy": 29.700654,
        "activity_lines": [
          168.198661,
          168.963632,
          170.643903,
          173.885224
        ]
      },
      {
        "date": "2025-07-25",
        "close": 162.610001,
        "volume": 11620,
        "typical_volume": 57927.6,
        "trend": 179.793999,
        "fair_value": 172.427727,
        "relative_strength": -20.953576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.470463,
        "energy": 34.567705,
        "activity_lines": [
          166.228663,
          167.69236,
          169.70195,
          172.631633
        ]
      },
      {
        "date": "2025-08-01",
        "close": 159.800003,
        "volume": 10586,
        "typical_volume": 55933.15,
        "trend": 177.767332,
        "fair_value": 172.332781,
        "relative_strength": -20.495202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.21905,
        "energy": 38.66977,
        "activity_lines": [
          163.963332,
          166.091816,
          168.544189,
          171.341698
        ]
      },
      {
        "date": "2025-08-08",
        "close": 158.759995,
        "volume": 22674,
        "typical_volume": 53981.25,
        "trend": 175.885999,
        "fair_value": 172.231492,
        "relative_strength": -19.271235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.540563,
        "energy": 51.082514,
        "activity_lines": [
          161.787331,
          164.476543,
          167.406236,
          170.115418
        ]
      },
      {
        "date": "2025-08-15",
        "close": 167.960007,
        "volume": 39748,
        "typical_volume": 29464.4,
        "trend": 174.450333,
        "fair_value": 172.199851,
        "relative_strength": -14.402143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.420816,
        "energy": 39.564665,
        "activity_lines": [
          163.116668,
          164.714363,
          167.223761,
          169.604064
        ]
      },
      {
        "date": "2025-08-22",
        "close": 167.240005,
        "volume": 23153,
        "typical_volume": 27541.7,
        "trend": 173.156333,
        "fair_value": 172.163382,
        "relative_strength": -14.479024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.241289,
        "energy": 28.799535,
        "activity_lines": [
          164.435336,
          164.933818,
          166.966142,
          169.138881
        ]
      },
      {
        "date": "2025-08-29",
        "close": 174.070007,
        "volume": 20967,
        "typical_volume": 27659.35,
        "trend": 172.501333,
        "fair_value": 172.177299,
        "relative_strength": -8.639667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.149807,
        "energy": 10.279641,
        "activity_lines": [
          168.034005,
          166.41982,
          167.438572,
          169.197828
        ]
      },
      {
        "date": "2025-09-05",
        "close": 169.520004,
        "volume": 15421,
        "typical_volume": 27238.7,
        "trend": 171.281333,
        "fair_value": 172.158043,
        "relative_strength": -11.486871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.947454,
        "energy": 15.927811,
        "activity_lines": [
          169.352005,
          167.045094,
          167.498096,
          169.005484
        ]
      },
      {
        "date": "2025-09-12",
        "close": 171.919998,
        "volume": 92031,
        "typical_volume": 29525.35,
        "trend": 170.652,
        "fair_value": 172.156331,
        "relative_strength": -11.132333,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.286958,
        "energy": 11.806478,
        "activity_lines": [
          170.822003,
          168.048911,
          167.839048,
          169.046688
        ]
      },
      {
        "date": "2025-09-19",
        "close": 171.949997,
        "volume": 12054,
        "typical_volume": 29203.65,
        "trend": 170.444333,
        "fair_value": 172.154857,
        "relative_strength": -11.349208,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.882961,
        "energy": 13.480721,
        "activity_lines": [
          171.424667,
          168.938547,
          168.186905,
          169.13043
        ]
      },
      {
        "date": "2025-09-26",
        "close": 168.580002,
        "volume": 7636,
        "typical_volume": 28579.65,
        "trend": 170.747333,
        "fair_value": 172.129503,
        "relative_strength": -10.343242,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.135229,
        "energy": 8.382171,
        "activity_lines": [
          170.638,
          169.205456,
          168.206667,
          169.010151
        ]
      },
      {
        "date": "2025-10-03",
        "close": 181.350006,
        "volume": 143783,
        "typical_volume": 33920.8,
        "trend": 171.009333,
        "fair_value": 172.194436,
        "relative_strength": -4.114989,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.565703,
        "energy": 24.852424,
        "activity_lines": [
          174.018669,
          171.77073,
          169.437953,
          169.694194
        ]
      },
      {
        "date": "2025-10-10",
        "close": 202.210007,
        "volume": 338310,
        "typical_volume": 48510.85,
        "trend": 171.591,
        "fair_value": 172.404335,
        "relative_strength": 5.458188,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 81.515392,
        "energy": 67.062554,
        "activity_lines": [
          183.867337,
          177.788003,
          172.61424,
          171.707141
        ]
      },
      {
        "date": "2025-10-17",
        "close": 204.649994,
        "volume": 248580,
        "typical_volume": 60321.6,
        "trend": 172.565667,
        "fair_value": 172.628264,
        "relative_strength": 5.11048,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.971761,
        "energy": 76.55707,
        "activity_lines": [
          192.350001,
          183.47782,
          175.86662,
          173.839979
        ]
      },
      {
        "date": "2025-10-24",
        "close": 205.330002,
        "volume": 124858,
        "typical_volume": 64890.05,
        "trend": 173.857333,
        "fair_value": 172.853793,
        "relative_strength": 5.050326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.251161,
        "energy": 81.061111,
        "activity_lines": [
          198.877335,
          188.456911,
          179.012477,
          175.953807
        ]
      },
      {
        "date": "2025-10-31",
        "close": 208.089996,
        "volume": 238321,
        "typical_volume": 75315.55,
        "trend": 174.662,
        "fair_value": 173.095137,
        "relative_strength": 6.702894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.438184,
        "energy": 82.526508,
        "activity_lines": [
          204.099333,
          193.258364,
          182.272715,
          178.162366
        ]
      },
      {
        "date": "2025-11-07",
        "close": 221.179993,
        "volume": 267611,
        "typical_volume": 88081.75,
        "trend": 176.089333,
        "fair_value": 173.422244,
        "relative_strength": 14.370212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.2364,
        "energy": 87.357606,
        "activity_lines": [
          211.050663,
          199.69709,
          186.591572,
          181.163527
        ]
      },
      {
        "date": "2025-11-14",
        "close": 225.130005,
        "volume": 300667,
        "typical_volume": 102208.25,
        "trend": 177.573,
        "fair_value": 173.771621,
        "relative_strength": 14.394781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.379801,
        "energy": 87.42807,
        "activity_lines": [
          216.663332,
          205.997454,
          191.053524,
          184.327441
        ]
      },
      {
        "date": "2025-11-21",
        "close": 235.279999,
        "volume": 391063,
        "typical_volume": 119790.85,
        "trend": 179.656667,
        "fair_value": 174.184429,
        "relative_strength": 18.539267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.514462,
        "energy": 86.531822,
        "activity_lines": [
          224.131333,
          213.132181,
          196.202191,
          188.050473
        ]
      },
      {
        "date": "2025-11-28",
        "close": 258.619995,
        "volume": 1088846,
        "typical_volume": 170681.2,
        "trend": 182.595666,
        "fair_value": 174.747333,
        "relative_strength": 29.06349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.828696,
        "energy": 93.186086,
        "activity_lines": [
          237.337331,
          223.358544,
          203.240667,
          193.144882
        ]
      },
      {
        "date": "2025-12-05",
        "close": 228.550003,
        "volume": 212644,
        "typical_volume": 180528.65,
        "trend": 184.627333,
        "fair_value": 175.103642,
        "relative_strength": 13.930116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.375559,
        "energy": 65.435299,
        "activity_lines": [
          236.967333,
          226.541817,
          207.0,
          196.109677
        ]
      },
      {
        "date": "2025-12-12",
        "close": 224.75,
        "volume": 93929,
        "typical_volume": 184644.1,
        "trend": 186.365666,
        "fair_value": 175.430263,
        "relative_strength": 12.442974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.035948,
        "energy": 57.872963,
        "activity_lines": [
          233.966667,
          227.943817,
          210.105714,
          198.698237
        ]
      },
      {
        "date": "2025-12-19",
        "close": 205.100006,
        "volume": 120032,
        "typical_volume": 190116.4,
        "trend": 187.556,
        "fair_value": 175.624183,
        "relative_strength": 3.315513,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.51889,
        "energy": 39.91194,
        "activity_lines": [
          224.178002,
          224.984,
          211.044096,
          199.906904
        ]
      },
      {
        "date": "2025-12-26",
        "close": 205.149994,
        "volume": 44218,
        "typical_volume": 191193.6,
        "trend": 188.771666,
        "fair_value": 175.815909,
        "relative_strength": 3.503268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.505706,
        "energy": 24.138738,
        "activity_lines": [
          215.741333,
          221.980727,
          211.771524,
          201.042
        ]
      },
      {
        "date": "2026-01-02",
        "close": 205.729996,
        "volume": 24085,
        "typical_volume": 190410.45,
        "trend": 189.824333,
        "fair_value": 176.008903,
        "relative_strength": 3.025571,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.159455,
        "energy": 26.178739,
        "activity_lines": [
          209.506665,
          219.073817,
          212.333285,
          202.136086
        ]
      },
      {
        "date": "2026-01-09",
        "close": 205.220001,
        "volume": 54751,
        "typical_volume": 191990.35,
        "trend": 191.045,
        "fair_value": 176.196153,
        "relative_strength": 5.671969,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.629388,
        "energy": 25.716723,
        "activity_lines": [
          206.627999,
          216.066908,
          212.666619,
          203.129355
        ]
      },
      {
        "date": "2026-01-16",
        "close": 220.990005,
        "volume": 29765,
        "typical_volume": 192430.25,
        "trend": 192.670333,
        "fair_value": 176.718846,
        "relative_strength": 13.886459,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.912748,
        "energy": 22.241831,
        "activity_lines": [
          210.561334,
          215.979455,
          214.321,
          205.061291
        ]
      },
      {
        "date": "2026-01-23",
        "close": 220.509995,
        "volume": 101402,
        "typical_volume": 196729.3,
        "trend": 194.476,
        "fair_value": 177.149679,
        "relative_strength": 16.604111,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.660966,
        "energy": 18.107198,
        "activity_lines": [
          214.585332,
          215.808181,
          215.706238,
          206.857398
        ]
      },
      {
        "date": "2026-01-30",
        "close": 227.029999,
        "volume": 99652,
        "typical_volume": 197110.35,
        "trend": 196.532333,
        "fair_value": 177.837692,
        "relative_strength": 18.543078,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.116349,
        "energy": 27.173417,
        "activity_lines": [
          219.755333,
          216.906363,
          217.469618,
          208.957656
        ]
      },
      {
        "date": "2026-02-06",
        "close": 218.679993,
        "volume": 45440,
        "typical_volume": 198779.65,
        "trend": 198.108333,
        "fair_value": 178.307756,
        "relative_strength": 12.593361,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.813398,
        "energy": 26.658366,
        "activity_lines": [
          220.68333,
          216.636362,
          218.175332,
          210.386537
        ]
      },
      {
        "date": "2026-02-13",
        "close": 223.0,
        "volume": 22646,
        "typical_volume": 199530.15,
        "trend": 199.965334,
        "fair_value": 178.892371,
        "relative_strength": 15.693388,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.853859,
        "energy": 26.730541,
        "activity_lines": [
          222.187998,
          217.877998,
          219.069951,
          211.992451
        ]
      },
      {
        "date": "2026-02-20",
        "close": 223.490005,
        "volume": 33841,
        "typical_volume": 194033.05,
        "trend": 201.994667,
        "fair_value": 179.43173,
        "relative_strength": 15.22306,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 41.955115,
        "energy": 26.732329,
        "activity_lines": [
          222.670666,
          219.309636,
          219.752095,
          213.510172
        ]
      },
      {
        "date": "2026-02-27",
        "close": 223.449997,
        "volume": 43308,
        "typical_volume": 179282.95,
        "trend": 204.116334,
        "fair_value": 180.054807,
        "relative_strength": 16.506663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.82777,
        "energy": 26.825651,
        "activity_lines": [
          222.973333,
          220.756908,
          220.229761,
          214.894387
        ]
      },
      {
        "date": "2026-03-06",
        "close": 222.029999,
        "volume": 15826,
        "typical_volume": 167645.25,
        "trend": 206.225334,
        "fair_value": 180.710769,
        "relative_strength": 18.797792,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.131989,
        "energy": 26.301553,
        "activity_lines": [
          222.606666,
          221.612363,
          220.471047,
          216.050107
        ]
      },
      {
        "date": "2026-03-13",
        "close": 209.300003,
        "volume": 435191,
        "typical_volume": 183161.9,
        "trend": 207.603334,
        "fair_value": 181.29282,
        "relative_strength": 18.036786,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.606755,
        "energy": 10.729751,
        "activity_lines": [
          218.330001,
          219.846363,
          219.41719,
          216.248473
        ]
      },
      {
        "date": "2026-03-20",
        "close": 203.470001,
        "volume": 313205,
        "typical_volume": 186906.1,
        "trend": 208.811,
        "fair_value": 181.835576,
        "relative_strength": 14.559361,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.75165,
        "energy": 8.385949,
        "activity_lines": [
          212.735334,
          216.955455,
          217.78919,
          215.981806
        ]
      },
      {
        "date": "2026-03-27",
        "close": 234.929993,
        "volume": 371158,
        "typical_volume": 192083.45,
        "trend": 210.839666,
        "fair_value": 182.573589,
        "relative_strength": 32.913006,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.252305,
        "energy": 17.558879,
        "activity_lines": [
          218.929332,
          219.816362,
          219.17938,
          217.666902
        ]
      },
      {
        "date": "2026-04-03",
        "close": 229.800003,
        "volume": 217210,
        "typical_volume": 187910.6,
        "trend": 212.849,
        "fair_value": 183.219743,
        "relative_strength": 29.947192,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.68739,
        "energy": 19.022958,
        "activity_lines": [
          222.650666,
          221.491091,
          220.015523,
          218.89015
        ]
      },
      {
        "date": "2026-04-10",
        "close": 222.600006,
        "volume": 298135,
        "typical_volume": 183264.2,
        "trend": 214.538333,
        "fair_value": 183.787692,
        "relative_strength": 18.45352,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.112692,
        "energy": 19.46761,
        "activity_lines": [
          223.548668,
          221.687819,
          220.143714,
          219.519247
        ]
      },
      {
        "date": "2026-04-17",
        "close": 217.940002,
        "volume": 657975,
        "typical_volume": 161720.65,
        "trend": 216.071333,
        "fair_value": 184.308141,
        "relative_strength": 14.14442,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.839789,
        "energy": 21.598192,
        "activity_lines": [
          222.855335,
          221.117819,
          219.888476,
          219.73871
        ]
      },
      {
        "date": "2026-04-24",
        "close": 228.539993,
        "volume": 217173,
        "typical_volume": 161947.1,
        "trend": 218.07,
        "fair_value": 184.89814,
        "relative_strength": 21.271193,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 46.084993,
        "energy": 27.511301,
        "activity_lines": [
          225.119333,
          222.488545,
          220.836476,
          220.543139
        ]
      },
      {
        "date": "2026-05-01",
        "close": 235.240005,
        "volume": 362014,
        "typical_volume": 175351.35,
        "trend": 219.866333,
        "fair_value": 185.519871,
        "relative_strength": 23.464791,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 53.995647,
        "energy": 31.374288,
        "activity_lines": [
          227.945335,
          224.976728,
          222.422619,
          221.650882
        ]
      },
      {
        "date": "2026-05-08",
        "close": 191.639999,
        "volume": 2096013,
        "typical_volume": 274150.4,
        "trend": 219.513999,
        "fair_value": 185.823012,
        "relative_strength": -0.389734,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.446313,
        "energy": 14.278867,
        "activity_lines": [
          216.217334,
          219.324,
          219.806429,
          219.829828
        ]
      },
      {
        "date": "2026-05-15",
        "close": 177.619995,
        "volume": 122991,
        "typical_volume": 278089.05,
        "trend": 218.612999,
        "fair_value": 186.096217,
        "relative_strength": -5.736975,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -66.973792,
        "energy": 52.045495,
        "activity_lines": [
          202.359998,
          211.700545,
          215.919095,
          217.126989
        ]
      },
      {
        "date": "2026-05-22",
        "close": 182.960007,
        "volume": 55045,
        "typical_volume": 279637.05,
        "trend": 217.867333,
        "fair_value": 186.397564,
        "relative_strength": -3.422576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.956352,
        "energy": 60.873556,
        "activity_lines": [
          193.281334,
          205.855455,
          212.671429,
          214.826796
        ]
      },
      {
        "date": "2026-05-29",
        "close": 177.009995,
        "volume": 64051,
        "typical_volume": 280102.05,
        "trend": 216.831333,
        "fair_value": 186.641858,
        "relative_strength": -6.04144,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.38789,
        "energy": 68.984288,
        "activity_lines": [
          184.551333,
          199.407454,
          208.965524,
          212.190838
        ]
      },
      {
        "date": "2026-06-05",
        "close": 174.0,
        "volume": 1002,
        "typical_volume": 278663.9,
        "trend": 215.258666,
        "fair_value": 186.891858,
        "relative_strength": -7.031107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.441483,
        "energy": 72.09737,
        "activity_lines": [
          178.253333,
          192.893273,
          205.107286,
          209.427527
        ]
      },
      {
        "date": "2026-06-12",
        "close": 193.360001,
        "volume": 6701,
        "typical_volume": 273928.85,
        "trend": 214.199666,
        "fair_value": 187.296089,
        "relative_strength": 1.858842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.396683,
        "energy": 59.865208,
        "activity_lines": [
          182.491333,
          191.006909,
          203.316619,
          208.01471
        ]
      },
      {
        "date": "2026-06-19",
        "close": 194.190002,
        "volume": 102599,
        "typical_volume": 274076.2,
        "trend": 212.83,
        "fair_value": 187.675512,
        "relative_strength": 0.338837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.130396,
        "energy": 37.917565,
        "activity_lines": [
          186.891334,
          189.934,
          201.734286,
          206.723763
        ]
      },
      {
        "date": "2026-06-26",
        "close": 185.190002,
        "volume": 0,
        "typical_volume": 271804.2,
        "trend": 210.382333,
        "fair_value": 188.016474,
        "relative_strength": -4.75718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.877044,
        "energy": 34.897542,
        "activity_lines": [
          187.186668,
          187.741273,
          199.451191,
          204.940538
        ]
      },
      {
        "date": "2026-07-03",
        "close": 179.850006,
        "volume": 161,
        "typical_volume": 270679.95,
        "trend": 208.759,
        "fair_value": 188.335705,
        "relative_strength": -8.521746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.423914,
        "energy": 30.032718,
        "activity_lines": [
          185.553336,
          185.173093,
          196.819001,
          202.97071
        ]
      },
      {
        "date": "2026-07-10",
        "close": 174.619995,
        "volume": 139902,
        "typical_volume": 275983.0,
        "trend": 207.088,
        "fair_value": 188.633589,
        "relative_strength": -11.031451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.844794,
        "energy": 38.870218,
        "activity_lines": [
          181.987334,
          182.539273,
          193.894191,
          200.768194
        ]
      },
      {
        "date": "2026-07-17",
        "close": 190.429993,
        "volume": 143547,
        "typical_volume": 280994.95,
        "trend": 206.598999,
        "fair_value": 189.014551,
        "relative_strength": -3.741209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.759848,
        "energy": 33.289351,
        "activity_lines": [
          183.649998,
          183.882181,
          192.707809,
          199.693484
        ]
      },
      {
        "date": "2026-07-24",
        "close": 202.679993,
        "volume": 637403,
        "typical_volume": 312073.8,
        "trend": 206.516666,
        "fair_value": 189.467628,
        "relative_strength": 4.405249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.685632,
        "energy": 20.146125,
        "activity_lines": [
          189.591329,
          187.474362,
          192.845332,
          199.440644
        ]
      },
      {
        "date": "2026-07-31",
        "close": 210.820007,
        "volume": 764868,
        "typical_volume": 328557.65,
        "trend": 206.686333,
        "fair_value": 189.955576,
        "relative_strength": 5.323292,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.423439,
        "energy": 13.347839,
        "activity_lines": [
          197.679999,
          192.090909,
          193.850238,
          199.718279
        ]
      },
      {
        "date": "2026-08-07",
        "close": 218.789993,
        "volume": 798108,
        "typical_volume": 352802.8,
        "trend": 207.138666,
        "fair_value": 190.499102,
        "relative_strength": 7.869403,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 13.25262,
        "energy": 28.067641,
        "activity_lines": [
          206.716664,
          197.649998,
          195.606951,
          200.499161
        ]
      }
    ],
    "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."
    }
  }
}