{
  "ticker": {
    "uuid": "5ab23a16-4294-4f56-a79f-a90ba01e87b8",
    "symbol": "ASAHIINDIA",
    "name": "Asahi India Glass 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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 65.144,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 21.724,
    "architecture_energy": 12.572,
    "architecture_maturity": 26.518,
    "architecture_confidence": 65.787,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 54.92,
        "rotation_up": 33.82,
        "upward_expansion": 33.38,
        "deceleration": 45.96,
        "rotation_down": 28.41,
        "downward_expansion": 16.72
      },
      "activity_lines": [
        889.460002,
        887.493641,
        877.40762,
        873.280644
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 898.700012,
    "trend_reference": 881.774998,
    "distance_from_trend": 0.019194,
    "trend_direction": "Weakening",
    "fair_value": 730.282266,
    "distance_from_fair_value": 0.23062,
    "fair_value_direction": "Improving",
    "relative_strength": 0.397897,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.079389,
    "excess_performance": -0.03568,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.019194,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.036876,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.23062,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.033765,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.003979,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.017488,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.079389,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.950034,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2076180,
      "relative_activity": 3.609326,
      "balance": 2.950034,
      "dry_up": 1.438551,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.057258,
      "annualized_volatility": 0.248128,
      "from_high_reference": -0.163222,
      "from_low_reference": 0.159463
    },
    "levels": {
      "trend_reference": 881.774998,
      "fair_value_reference": 730.282266,
      "structural_low": 775.099976,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": -0.008752,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.001326,
        "regime_survival": 0.333333,
        "best_return": 0.225118,
        "worst_return": -0.062816,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.07298,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.025059,
        "regime_survival": 0.2,
        "best_return": 0.288488,
        "worst_return": 0.026156,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.222133,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.1122,
        "regime_survival": 0.0,
        "best_return": 0.334945,
        "worst_return": 0.1259,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.384829,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.125763,
        "regime_survival": 0.0,
        "best_return": 0.46096,
        "worst_return": 0.040793,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-17",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": 0.055208,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-09-13",
        "tenure": "Developing",
        "return": 0.079004,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-20",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.132274,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-01",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": 0.007386,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-27",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.098903,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.040695,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-07",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.07497,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-07",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.148921,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-09",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.041962,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2026-01-02",
        "tenure": "Extended",
        "return": 0.342501,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-09",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.126699,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-13",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.015542,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": 0.098588,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.003548,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 492.863831,
        "volume": 346073,
        "typical_volume": 717505.7,
        "trend": 487.460247,
        "fair_value": 426.146138,
        "relative_strength": -12.906516,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.753784,
        "energy": 31.958942,
        "activity_lines": [
          521.089295,
          523.198404,
          504.707704,
          494.749941
        ]
      },
      {
        "date": "2023-08-25",
        "close": 553.771851,
        "volume": 1723973,
        "typical_volume": 797645.3,
        "trend": 489.715181,
        "fair_value": 428.310356,
        "relative_strength": -1.481089,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.20896,
        "energy": 33.920701,
        "activity_lines": [
          528.678451,
          529.882569,
          510.693017,
          499.028109
        ]
      },
      {
        "date": "2023-09-01",
        "close": 582.36731,
        "volume": 2072936,
        "typical_volume": 865909.1,
        "trend": 492.280684,
        "fair_value": 430.698306,
        "relative_strength": 3.133127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.549163,
        "energy": 47.244109,
        "activity_lines": [
          545.855587,
          540.512516,
          518.923344,
          505.005666
        ]
      },
      {
        "date": "2023-09-08",
        "close": 579.245056,
        "volume": 2245371,
        "typical_volume": 955713.95,
        "trend": 494.664468,
        "fair_value": 433.040343,
        "relative_strength": 1.187527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.328574,
        "energy": 50.523937,
        "activity_lines": [
          559.956747,
          548.838415,
          526.323201,
          510.616271
        ]
      },
      {
        "date": "2023-09-15",
        "close": 597.247009,
        "volume": 992145,
        "typical_volume": 966816.25,
        "trend": 497.58224,
        "fair_value": 435.456086,
        "relative_strength": 2.727184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.659181,
        "energy": 75.169013,
        "activity_lines": [
          576.714982,
          558.689317,
          534.854622,
          517.234499
        ]
      },
      {
        "date": "2023-09-22",
        "close": 613.30957,
        "volume": 2984610,
        "typical_volume": 1098667.95,
        "trend": 501.874629,
        "fair_value": 438.098288,
        "relative_strength": 8.538066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.784264,
        "energy": 80.43756,
        "activity_lines": [
          594.118502,
          570.142199,
          544.328834,
          524.700778
        ]
      },
      {
        "date": "2023-09-29",
        "close": 624.69751,
        "volume": 763037,
        "typical_volume": 1114433.25,
        "trend": 506.695291,
        "fair_value": 440.783484,
        "relative_strength": 11.129135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.558962,
        "energy": 80.854814,
        "activity_lines": [
          607.288285,
          582.251515,
          554.255534,
          532.624835
        ]
      },
      {
        "date": "2023-10-06",
        "close": 610.97229,
        "volume": 410637,
        "typical_volume": 1097934.15,
        "trend": 511.146,
        "fair_value": 443.289105,
        "relative_strength": 9.046312,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.507243,
        "energy": 74.451797,
        "activity_lines": [
          611.154618,
          590.591096,
          562.251066,
          539.352384
        ]
      },
      {
        "date": "2023-10-13",
        "close": 597.296753,
        "volume": 330596,
        "typical_volume": 1095689.7,
        "trend": 515.862768,
        "fair_value": 445.699797,
        "relative_strength": 6.430348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.871213,
        "energy": 58.037854,
        "activity_lines": [
          608.55544,
          595.369063,
          568.186814,
          544.910497
        ]
      },
      {
        "date": "2023-10-20",
        "close": 576.012695,
        "volume": 475497,
        "typical_volume": 1098346.9,
        "trend": 520.053435,
        "fair_value": 447.931414,
        "relative_strength": 4.061322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.854275,
        "energy": 44.163186,
        "activity_lines": [
          597.65813,
          595.037105,
          571.407288,
          548.791137
        ]
      },
      {
        "date": "2023-10-27",
        "close": 558.40863,
        "volume": 223483,
        "typical_volume": 1066060.35,
        "trend": 523.728336,
        "fair_value": 450.094403,
        "relative_strength": 3.847646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.250572,
        "energy": 25.78332,
        "activity_lines": [
          582.308419,
          590.60624,
          572.345439,
          551.265666
        ]
      },
      {
        "date": "2023-11-03",
        "close": 549.109192,
        "volume": 323505,
        "typical_volume": 1051450.15,
        "trend": 526.92145,
        "fair_value": 452.215467,
        "relative_strength": 1.506175,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.772608,
        "energy": 21.46427,
        "activity_lines": [
          567.518957,
          583.292844,
          571.958609,
          552.90314
        ]
      },
      {
        "date": "2023-11-10",
        "close": 555.574036,
        "volume": 272197,
        "typical_volume": 1016644.65,
        "trend": 529.760131,
        "fair_value": 454.262689,
        "relative_strength": 2.047379,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.461002,
        "energy": 22.534494,
        "activity_lines": [
          559.923665,
          577.239651,
          571.881412,
          554.751694
        ]
      },
      {
        "date": "2023-11-17",
        "close": 564.674438,
        "volume": 224318,
        "typical_volume": 1007338.85,
        "trend": 533.354796,
        "fair_value": 456.378671,
        "relative_strength": 2.488324,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.902957,
        "energy": 20.562279,
        "activity_lines": [
          559.055058,
          573.328226,
          572.343745,
          557.00423
        ]
      },
      {
        "date": "2023-11-24",
        "close": 562.536072,
        "volume": 301620,
        "typical_volume": 899266.65,
        "trend": 536.306602,
        "fair_value": 458.375138,
        "relative_strength": 2.09753,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.612556,
        "energy": 14.959518,
        "activity_lines": [
          559.648482,
          569.292928,
          572.213978,
          558.886893
        ]
      },
      {
        "date": "2023-12-01",
        "close": 567.210632,
        "volume": 250095,
        "typical_volume": 869596.9,
        "trend": 539.194516,
        "fair_value": 460.281234,
        "relative_strength": 0.85725,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.352239,
        "energy": 10.689804,
        "activity_lines": [
          562.698535,
          566.738657,
          572.349379,
          560.880702
        ]
      },
      {
        "date": "2023-12-08",
        "close": 553.883301,
        "volume": 610531,
        "typical_volume": 844962.2,
        "trend": 541.202067,
        "fair_value": 462.144537,
        "relative_strength": -4.484338,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.214432,
        "energy": 6.871047,
        "activity_lines": [
          560.719344,
          562.599398,
          571.06467,
          561.828365
        ]
      },
      {
        "date": "2023-12-15",
        "close": 560.696106,
        "volume": 710021,
        "typical_volume": 847269.75,
        "trend": 544.827665,
        "fair_value": 464.112469,
        "relative_strength": -5.228424,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.593021,
        "energy": 8.685356,
        "activity_lines": [
          560.692814,
          560.986363,
          570.43228,
          563.086045
        ]
      },
      {
        "date": "2023-12-22",
        "close": 559.303711,
        "volume": 532159,
        "typical_volume": 807269.6,
        "trend": 548.378768,
        "fair_value": 465.974512,
        "relative_strength": -4.929249,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.028626,
        "energy": 8.051744,
        "activity_lines": [
          559.860681,
          560.034276,
          569.625104,
          564.019984
        ]
      },
      {
        "date": "2023-12-29",
        "close": 573.47644,
        "volume": 481299,
        "typical_volume": 813705.15,
        "trend": 552.534452,
        "fair_value": 467.89519,
        "relative_strength": -4.083579,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.642336,
        "energy": 11.364577,
        "activity_lines": [
          564.11084,
          562.349832,
          570.023843,
          565.639188
        ]
      },
      {
        "date": "2024-01-05",
        "close": 567.011719,
        "volume": 1260240,
        "typical_volume": 859413.5,
        "trend": 555.896459,
        "fair_value": 469.697362,
        "relative_strength": -4.949036,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.592704,
        "energy": 12.712639,
        "activity_lines": [
          565.476733,
          563.536098,
          569.583738,
          566.573205
        ]
      },
      {
        "date": "2024-01-12",
        "close": 566.365234,
        "volume": 610529,
        "typical_volume": 803741.3,
        "trend": 558.614125,
        "fair_value": 471.633097,
        "relative_strength": -5.680702,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.62825,
        "energy": 13.291612,
        "activity_lines": [
          566.640393,
          564.448402,
          568.728978,
          567.24861
        ]
      },
      {
        "date": "2024-01-19",
        "close": 545.479004,
        "volume": 299500,
        "typical_volume": 715069.5,
        "trend": 560.567851,
        "fair_value": 473.4719,
        "relative_strength": -7.832756,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.13547,
        "energy": 10.742287,
        "activity_lines": [
          560.009847,
          561.249463,
          565.825085,
          566.401183
        ]
      },
      {
        "date": "2024-01-26",
        "close": 566.464661,
        "volume": 4206552,
        "typical_volume": 813128.55,
        "trend": 563.346649,
        "fair_value": 475.432908,
        "relative_strength": -3.003592,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.411242,
        "energy": 7.730567,
        "activity_lines": [
          561.388993,
          562.049644,
          565.095484,
          566.781623
        ]
      },
      {
        "date": "2024-02-02",
        "close": 520.31604,
        "volume": 1768707,
        "typical_volume": 851956.65,
        "trend": 563.199508,
        "fair_value": 476.932906,
        "relative_strength": -12.672775,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -36.155588,
        "energy": 35.998771,
        "activity_lines": [
          546.90787,
          554.426617,
          560.031635,
          564.005454
        ]
      },
      {
        "date": "2024-02-09",
        "close": 543.688782,
        "volume": 903962,
        "typical_volume": 747924.25,
        "trend": 563.471332,
        "fair_value": 478.577676,
        "relative_strength": -8.226434,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.614934,
        "energy": 45.655439,
        "activity_lines": [
          543.761686,
          551.820816,
          557.5601,
          562.746698
        ]
      },
      {
        "date": "2024-02-16",
        "close": 540.705017,
        "volume": 688362,
        "typical_volume": 744190.5,
        "trend": 563.00769,
        "fair_value": 480.189422,
        "relative_strength": -9.551563,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.876255,
        "energy": 43.757802,
        "activity_lines": [
          541.175777,
          549.100183,
          555.135924,
          561.277903
        ]
      },
      {
        "date": "2024-02-23",
        "close": 532.947205,
        "volume": 323475,
        "typical_volume": 739832.4,
        "trend": 562.377966,
        "fair_value": 481.742279,
        "relative_strength": -11.303823,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -57.885148,
        "energy": 51.438009,
        "activity_lines": [
          537.714612,
          545.208644,
          552.372874,
          559.338517
        ]
      },
      {
        "date": "2024-03-01",
        "close": 529.615417,
        "volume": 513105,
        "typical_volume": 748957.85,
        "trend": 562.395433,
        "fair_value": 483.124385,
        "relative_strength": -12.132199,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.010018,
        "energy": 41.058933,
        "activity_lines": [
          533.978304,
          541.21585,
          549.664058,
          557.224804
        ]
      },
      {
        "date": "2024-03-08",
        "close": 518.127991,
        "volume": 373822,
        "typical_volume": 743874.1,
        "trend": 562.112583,
        "fair_value": 484.414535,
        "relative_strength": -14.362015,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.855066,
        "energy": 48.978595,
        "activity_lines": [
          528.86947,
          535.674221,
          546.183494,
          554.36884
        ]
      },
      {
        "date": "2024-03-15",
        "close": 506.73999,
        "volume": 528394,
        "typical_volume": 759119.65,
        "trend": 562.575122,
        "fair_value": 485.751073,
        "relative_strength": -14.232536,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.718354,
        "energy": 57.666465,
        "activity_lines": [
          520.110506,
          529.068382,
          541.893999,
          550.796415
        ]
      },
      {
        "date": "2024-03-22",
        "close": 527.924561,
        "volume": 909426,
        "typical_volume": 788415.7,
        "trend": 561.713546,
        "fair_value": 487.316267,
        "relative_strength": -10.772229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.060725,
        "energy": 46.806938,
        "activity_lines": [
          520.876318,
          527.410132,
          539.868124,
          548.560895
        ]
      },
      {
        "date": "2024-03-29",
        "close": 533.444519,
        "volume": 352829,
        "typical_volume": 792447.3,
        "trend": 560.082786,
        "fair_value": 488.796194,
        "relative_strength": -10.645209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.771724,
        "energy": 34.67236,
        "activity_lines": [
          524.334147,
          527.454432,
          538.468838,
          546.737087
        ]
      },
      {
        "date": "2024-04-05",
        "close": 592.323853,
        "volume": 4379173,
        "typical_volume": 1000190.05,
        "trend": 560.518746,
        "fair_value": 490.512371,
        "relative_strength": -1.64485,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.014199,
        "energy": 7.663987,
        "activity_lines": [
          547.385266,
          538.422875,
          542.782487,
          548.817155
        ]
      },
      {
        "date": "2024-04-12",
        "close": 584.566101,
        "volume": 561607,
        "typical_volume": 1013189.4,
        "trend": 560.096049,
        "fair_value": 492.230933,
        "relative_strength": -2.927735,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.56717,
        "energy": 23.542326,
        "activity_lines": [
          563.669906,
          547.51065,
          546.225638,
          550.368598
        ]
      },
      {
        "date": "2024-04-19",
        "close": 572.382446,
        "volume": 342510,
        "typical_volume": 1017810.15,
        "trend": 558.731812,
        "fair_value": 494.031843,
        "relative_strength": -3.347383,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.134256,
        "energy": 26.077629,
        "activity_lines": [
          571.464119,
          553.215032,
          548.403537,
          551.161268
        ]
      },
      {
        "date": "2024-04-26",
        "close": 603.66217,
        "volume": 801046,
        "typical_volume": 1027335.9,
        "trend": 558.030634,
        "fair_value": 496.045581,
        "relative_strength": 0.643755,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.109878,
        "energy": 50.700142,
        "activity_lines": [
          585.308744,
          564.084934,
          553.535829,
          554.060001
        ]
      },
      {
        "date": "2024-05-03",
        "close": 599.733521,
        "volume": 326040,
        "typical_volume": 1008136.85,
        "trend": 557.656008,
        "fair_value": 497.998761,
        "relative_strength": -0.266153,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.895087,
        "energy": 62.300105,
        "activity_lines": [
          592.794645,
          573.095861,
          558.056921,
          556.75051
        ]
      },
      {
        "date": "2024-05-10",
        "close": 604.855652,
        "volume": 3577478,
        "typical_volume": 1160402.8,
        "trend": 557.907971,
        "fair_value": 499.948138,
        "relative_strength": 2.469409,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 68.80792,
        "energy": 69.429817,
        "activity_lines": [
          597.568656,
          581.823787,
          562.879943,
          559.795648
        ]
      },
      {
        "date": "2024-05-17",
        "close": 604.40802,
        "volume": 894794,
        "typical_volume": 1181077.55,
        "trend": 558.854482,
        "fair_value": 501.935073,
        "relative_strength": 0.371056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.197381,
        "energy": 67.552859,
        "activity_lines": [
          601.358004,
          589.102322,
          567.44342,
          562.795652
        ]
      },
      {
        "date": "2024-05-24",
        "close": 600.877258,
        "volume": 245368,
        "typical_volume": 1130333.95,
        "trend": 560.270103,
        "fair_value": 503.778723,
        "relative_strength": -2.468334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.156546,
        "energy": 52.687463,
        "activity_lines": [
          602.647636,
          594.170172,
          571.52334,
          565.506798
        ]
      },
      {
        "date": "2024-05-31",
        "close": 584.914185,
        "volume": 331435,
        "typical_volume": 1116379.25,
        "trend": 561.463603,
        "fair_value": 505.433189,
        "relative_strength": -3.383465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.492896,
        "energy": 37.564097,
        "activity_lines": [
          596.716589,
          594.624058,
          573.921703,
          567.096739
        ]
      },
      {
        "date": "2024-06-07",
        "close": 598.689209,
        "volume": 460253,
        "typical_volume": 1124416.9,
        "trend": 562.900775,
        "fair_value": 507.156375,
        "relative_strength": -4.373468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.950408,
        "energy": 32.405827,
        "activity_lines": [
          596.627083,
          596.546319,
          577.543645,
          569.498391
        ]
      },
      {
        "date": "2024-06-14",
        "close": 616.740845,
        "volume": 697846,
        "typical_volume": 948981.6,
        "trend": 564.636322,
        "fair_value": 509.075816,
        "relative_strength": -2.263695,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.150254,
        "energy": 35.359096,
        "activity_lines": [
          602.62441,
          600.564429,
          582.631408,
          572.971944
        ]
      },
      {
        "date": "2024-06-21",
        "close": 674.227783,
        "volume": 3229438,
        "typical_volume": 1022018.15,
        "trend": 568.359379,
        "fair_value": 511.383661,
        "relative_strength": 6.486586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.858524,
        "energy": 51.133191,
        "activity_lines": [
          626.991703,
          614.590764,
          592.954708,
          580.042361
        ]
      },
      {
        "date": "2024-06-28",
        "close": 667.365173,
        "volume": 1842679,
        "typical_volume": 1068954.0,
        "trend": 571.697864,
        "fair_value": 513.499384,
        "relative_strength": 2.973608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.75981,
        "energy": 68.772436,
        "activity_lines": [
          644.416809,
          625.739139,
          601.891512,
          586.429832
        ]
      },
      {
        "date": "2024-07-05",
        "close": 686.709778,
        "volume": 818443,
        "typical_volume": 1075458.05,
        "trend": 576.125413,
        "fair_value": 515.620671,
        "relative_strength": 4.512833,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.790567,
        "energy": 82.332471,
        "activity_lines": [
          663.857589,
          638.677757,
          612.081725,
          593.849955
        ]
      },
      {
        "date": "2024-07-12",
        "close": 649.711304,
        "volume": 631245,
        "typical_volume": 1090846.55,
        "trend": 579.092586,
        "fair_value": 517.371818,
        "relative_strength": -1.777783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.709776,
        "energy": 74.897805,
        "activity_lines": [
          664.179171,
          643.379422,
          618.053013,
          598.597432
        ]
      },
      {
        "date": "2024-07-19",
        "close": 614.154968,
        "volume": 366087,
        "typical_volume": 1083495.65,
        "trend": 580.920962,
        "fair_value": 519.01348,
        "relative_strength": -7.059826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.940997,
        "energy": 44.6475,
        "activity_lines": [
          649.247168,
          640.707613,
          620.081963,
          600.859521
        ]
      },
      {
        "date": "2024-07-26",
        "close": 678.753113,
        "volume": 2982143,
        "typical_volume": 1213911.7,
        "trend": 584.430184,
        "fair_value": 520.945108,
        "relative_strength": 1.513661,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.326003,
        "energy": 44.766432,
        "activity_lines": [
          656.020272,
          649.611842,
          627.860548,
          607.171273
        ]
      },
      {
        "date": "2024-08-02",
        "close": 637.776306,
        "volume": 726517,
        "typical_volume": 1223817.85,
        "trend": 586.789004,
        "fair_value": 522.744822,
        "relative_strength": -4.073165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.842994,
        "energy": 25.995206,
        "activity_lines": [
          648.832751,
          649.714014,
          630.971699,
          610.612958
        ]
      },
      {
        "date": "2024-08-09",
        "close": 633.201233,
        "volume": 485878,
        "typical_volume": 1202640.45,
        "trend": 589.01687,
        "fair_value": 524.534476,
        "relative_strength": -3.315144,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.708716,
        "energy": 21.182321,
        "activity_lines": [
          642.092798,
          648.313462,
          633.023146,
          613.607295
        ]
      },
      {
        "date": "2024-08-16",
        "close": 634.991455,
        "volume": 201666,
        "typical_volume": 1195082.3,
        "trend": 592.000619,
        "fair_value": 526.489736,
        "relative_strength": -3.752029,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.13786,
        "energy": 21.900387,
        "activity_lines": [
          639.516821,
          646.360459,
          634.743773,
          616.573398
        ]
      },
      {
        "date": "2024-08-23",
        "close": 649.064758,
        "volume": 340519,
        "typical_volume": 993149.6,
        "trend": 594.753955,
        "fair_value": 528.357075,
        "relative_strength": -2.555559,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.833898,
        "energy": 18.388634,
        "activity_lines": [
          642.613269,
          646.306198,
          637.321158,
          620.254955
        ]
      },
      {
        "date": "2024-08-30",
        "close": 632.796265,
        "volume": 356619,
        "typical_volume": 982900.2,
        "trend": 598.503296,
        "fair_value": 530.099598,
        "relative_strength": -6.22319,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.264225,
        "energy": 15.347573,
        "activity_lines": [
          637.959566,
          642.706321,
          638.078968,
          622.709298
        ]
      },
      {
        "date": "2024-09-06",
        "close": 684.573242,
        "volume": 1379428,
        "typical_volume": 1034746.1,
        "trend": 603.199445,
        "fair_value": 532.090327,
        "relative_strength": 3.140968,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.503896,
        "energy": 31.224356,
        "activity_lines": [
          653.628646,
          649.27374,
          643.53825,
          628.262197
        ]
      },
      {
        "date": "2024-09-13",
        "close": 683.22644,
        "volume": 1031704,
        "typical_volume": 1046279.0,
        "trend": 607.950159,
        "fair_value": 534.143488,
        "relative_strength": 1.082228,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 58.663813,
        "energy": 36.059078,
        "activity_lines": [
          665.728996,
          655.283413,
          648.335025,
          633.425229
        ]
      },
      {
        "date": "2024-09-20",
        "close": 775.706665,
        "volume": 7171402,
        "typical_volume": 1388547.1,
        "trend": 616.042141,
        "fair_value": 536.844727,
        "relative_strength": 12.920641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.780195,
        "energy": 70.705295,
        "activity_lines": [
          705.321073,
          678.171005,
          661.560562,
          644.24823
        ]
      },
      {
        "date": "2024-09-27",
        "close": 759.245789,
        "volume": 4944622,
        "typical_volume": 1456904.3,
        "trend": 623.696486,
        "fair_value": 539.447416,
        "relative_strength": 9.107524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.816647,
        "energy": 76.708468,
        "activity_lines": [
          730.045178,
          695.774886,
          672.380429,
          653.487175
        ]
      },
      {
        "date": "2024-10-04",
        "close": 767.027283,
        "volume": 1530805,
        "typical_volume": 1488704.85,
        "trend": 631.99313,
        "fair_value": 542.055962,
        "relative_strength": 15.39182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.80277,
        "energy": 76.91308,
        "activity_lines": [
          750.017713,
          712.155569,
          683.2062,
          662.734323
        ]
      },
      {
        "date": "2024-10-11",
        "close": 733.756409,
        "volume": 827519,
        "typical_volume": 1517812.4,
        "trend": 639.560343,
        "fair_value": 544.411009,
        "relative_strength": 10.677174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.744109,
        "energy": 71.603404,
        "activity_lines": [
          749.951221,
          720.882017,
          690.088938,
          669.299696
        ]
      },
      {
        "date": "2024-10-18",
        "close": 712.257507,
        "volume": 723600,
        "typical_volume": 1537420.65,
        "trend": 645.704775,
        "fair_value": 546.715342,
        "relative_strength": 7.974589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.826185,
        "energy": 44.325124,
        "activity_lines": [
          739.439551,
          723.954481,
          694.291405,
          673.989835
        ]
      },
      {
        "date": "2024-10-25",
        "close": 673.100525,
        "volume": 821296,
        "typical_volume": 1555472.8,
        "trend": 650.359975,
        "fair_value": 548.311316,
        "relative_strength": 4.992239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.462507,
        "energy": 25.806,
        "activity_lines": [
          713.940149,
          718.470107,
          694.158238,
          675.757303
        ]
      },
      {
        "date": "2024-11-01",
        "close": 749.668579,
        "volume": 903484,
        "typical_volume": 1565754.7,
        "trend": 655.604799,
        "fair_value": 550.300561,
        "relative_strength": 16.148103,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.082663,
        "energy": 24.909519,
        "activity_lines": [
          720.803841,
          726.214306,
          700.962927,
          682.16431
        ]
      },
      {
        "date": "2024-11-08",
        "close": 695.347656,
        "volume": 604314,
        "typical_volume": 1434498.5,
        "trend": 659.297518,
        "fair_value": 551.7069,
        "relative_strength": 8.41338,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.575227,
        "energy": 17.986747,
        "activity_lines": [
          710.19904,
          722.252812,
          701.961206,
          684.728365
        ]
      },
      {
        "date": "2024-11-15",
        "close": 664.072021,
        "volume": 287064,
        "typical_volume": 1356717.75,
        "trend": 662.353837,
        "fair_value": 552.854161,
        "relative_strength": 6.275794,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.883476,
        "energy": 14.551964,
        "activity_lines": [
          693.947668,
          711.467541,
          699.880282,
          685.036398
        ]
      },
      {
        "date": "2024-11-22",
        "close": 644.269043,
        "volume": 304708,
        "typical_volume": 1331031.0,
        "trend": 663.707399,
        "fair_value": 553.948593,
        "relative_strength": 1.599396,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.160855,
        "energy": 11.76436,
        "activity_lines": [
          675.74093,
          697.454479,
          695.929042,
          683.869637
        ]
      },
      {
        "date": "2024-11-29",
        "close": 682.977051,
        "volume": 356053,
        "typical_volume": 1317271.4,
        "trend": 666.482184,
        "fair_value": 555.38522,
        "relative_strength": 6.679911,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.16766,
        "energy": 14.689268,
        "activity_lines": [
          674.969425,
          691.187552,
          695.866377,
          685.11284
        ]
      },
      {
        "date": "2024-12-06",
        "close": 747.374023,
        "volume": 1868053,
        "typical_volume": 1392369.7,
        "trend": 671.232796,
        "fair_value": 557.171621,
        "relative_strength": 13.833,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.780831,
        "energy": 15.783314,
        "activity_lines": [
          695.005143,
          698.315159,
          701.77835,
          690.331668
        ]
      },
      {
        "date": "2024-12-13",
        "close": 762.188843,
        "volume": 1002980,
        "typical_volume": 1293411.55,
        "trend": 676.492157,
        "fair_value": 559.091945,
        "relative_strength": 15.278548,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.446281,
        "energy": 23.366248,
        "activity_lines": [
          720.132104,
          708.352219,
          708.466881,
          696.1998
        ]
      },
      {
        "date": "2024-12-20",
        "close": 755.205383,
        "volume": 427202,
        "typical_volume": 1278445.8,
        "trend": 681.636428,
        "fair_value": 560.954835,
        "relative_strength": 19.439598,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 54.993261,
        "energy": 47.131911,
        "activity_lines": [
          738.475167,
          717.207532,
          714.093007,
          701.278073
        ]
      },
      {
        "date": "2024-12-27",
        "close": 745.42865,
        "volume": 202739,
        "typical_volume": 1264288.85,
        "trend": 686.98691,
        "fair_value": 562.678406,
        "relative_strength": 16.3648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.821624,
        "energy": 54.147262,
        "activity_lines": [
          747.483761,
          723.895275,
          718.22883,
          705.3937
        ]
      },
      {
        "date": "2025-01-03",
        "close": 728.518799,
        "volume": 1303206,
        "typical_volume": 1319365.85,
        "trend": 691.314563,
        "fair_value": 563.978121,
        "relative_strength": 12.478237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.138516,
        "energy": 50.966876,
        "activity_lines": [
          744.111764,
          726.905388,
          720.219775,
          708.073177
        ]
      },
      {
        "date": "2025-01-10",
        "close": 671.703796,
        "volume": 430621,
        "typical_volume": 1323870.95,
        "trend": 693.146661,
        "fair_value": 564.633337,
        "relative_strength": 6.032053,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.364134,
        "energy": 15.37285,
        "activity_lines": [
          718.765316,
          718.577895,
          716.354399,
          706.807966
        ]
      },
      {
        "date": "2025-01-17",
        "close": 648.40918,
        "volume": 384769,
        "typical_volume": 1325278.45,
        "trend": 692.286041,
        "fair_value": 565.143344,
        "relative_strength": 3.162564,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.599339,
        "energy": 17.797947,
        "activity_lines": [
          690.698678,
          707.432559,
          710.162682,
          703.921677
        ]
      },
      {
        "date": "2025-01-24",
        "close": 648.957886,
        "volume": 283518,
        "typical_volume": 1270482.95,
        "trend": 691.672465,
        "fair_value": 565.694244,
        "relative_strength": 3.63038,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.542383,
        "energy": 28.553514,
        "activity_lines": [
          670.400252,
          697.240415,
          703.948877,
          701.126312
        ]
      },
      {
        "date": "2025-01-31",
        "close": 674.796509,
        "volume": 720929,
        "typical_volume": 1254944.2,
        "trend": 691.275356,
        "fair_value": 566.387971,
        "relative_strength": 5.482526,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.620406,
        "energy": 31.160256,
        "activity_lines": [
          665.797868,
          692.021005,
          700.36549,
          700.037541
        ]
      },
      {
        "date": "2025-02-07",
        "close": 664.022095,
        "volume": 372773,
        "typical_volume": 915012.75,
        "trend": 691.752382,
        "fair_value": 567.253025,
        "relative_strength": 3.335717,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.759625,
        "energy": 46.926193,
        "activity_lines": [
          662.312822,
          684.287566,
          695.79611,
          698.279266
        ]
      },
      {
        "date": "2025-02-14",
        "close": 632.347351,
        "volume": 443898,
        "typical_volume": 689976.55,
        "trend": 692.358795,
        "fair_value": 568.084801,
        "relative_strength": 0.896565,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.201439,
        "energy": 50.517887,
        "activity_lines": [
          652.569308,
          671.139717,
          688.74192,
          694.446683
        ]
      },
      {
        "date": "2025-02-21",
        "close": 671.703796,
        "volume": 1386690,
        "typical_volume": 682770.8,
        "trend": 692.123818,
        "fair_value": 569.408307,
        "relative_strength": 7.389657,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.732285,
        "energy": 22.700435,
        "activity_lines": [
          658.568372,
          667.23898,
          686.04024,
          693.114103
        ]
      },
      {
        "date": "2025-02-28",
        "close": 614.240417,
        "volume": 834585,
        "typical_volume": 683124.1,
        "trend": 691.339288,
        "fair_value": 570.690952,
        "relative_strength": 0.895107,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.355243,
        "energy": 44.082613,
        "activity_lines": [
          643.860001,
          654.535539,
          678.319779,
          688.089367
        ]
      },
      {
        "date": "2025-03-07",
        "close": 631.050415,
        "volume": 665591,
        "typical_volume": 680223.65,
        "trend": 691.267594,
        "fair_value": 572.057599,
        "relative_strength": 1.339687,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.438304,
        "energy": 43.497744,
        "activity_lines": [
          637.069462,
          647.45146,
          672.769395,
          684.199762
        ]
      },
      {
        "date": "2025-03-14",
        "close": 583.413635,
        "volume": 236828,
        "typical_volume": 651000.25,
        "trend": 689.548334,
        "fair_value": 573.061555,
        "relative_strength": -5.859887,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.589581,
        "energy": 56.102484,
        "activity_lines": [
          617.316402,
          633.785753,
          663.068874,
          677.241442
        ]
      },
      {
        "date": "2025-03-21",
        "close": 626.311707,
        "volume": 253516,
        "typical_volume": 618501.85,
        "trend": 688.789899,
        "fair_value": 574.488409,
        "relative_strength": -3.260392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.261424,
        "energy": 55.418119,
        "activity_lines": [
          617.236597,
          630.557971,
          657.880965,
          673.16166
        ]
      },
      {
        "date": "2025-03-28",
        "close": 600.622742,
        "volume": 417983,
        "typical_volume": 609185.3,
        "trend": 687.717448,
        "fair_value": 575.631185,
        "relative_strength": -7.999671,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.056308,
        "energy": 52.152875,
        "activity_lines": [
          608.996179,
          623.484779,
          650.833901,
          667.473456
        ]
      },
      {
        "date": "2025-04-04",
        "close": 612.594299,
        "volume": 442122,
        "typical_volume": 616938.2,
        "trend": 685.31815,
        "fair_value": 576.55583,
        "relative_strength": -3.675935,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.253953,
        "energy": 45.550147,
        "activity_lines": [
          609.485018,
          619.457078,
          645.378056,
          662.626802
        ]
      },
      {
        "date": "2025-04-11",
        "close": 661.178833,
        "volume": 593871,
        "typical_volume": 631396.35,
        "trend": 684.58323,
        "fair_value": 577.822637,
        "relative_strength": 4.092522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.168784,
        "energy": 23.406747,
        "activity_lines": [
          626.278442,
          624.924084,
          644.794442,
          661.069426
        ]
      },
      {
        "date": "2025-04-18",
        "close": 665.368896,
        "volume": 151435,
        "typical_volume": 621165.45,
        "trend": 680.905304,
        "fair_value": 579.196434,
        "relative_strength": 0.11696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.297573,
        "energy": 14.62388,
        "activity_lines": [
          642.459993,
          631.400515,
          644.529359,
          659.829792
        ]
      },
      {
        "date": "2025-04-25",
        "close": 703.079285,
        "volume": 5424268,
        "typical_volume": 798976.2,
        "trend": 679.033087,
        "fair_value": 580.784093,
        "relative_strength": 4.797231,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -6.775544,
        "energy": 13.430613,
        "activity_lines": [
          665.74799,
          644.708892,
          647.939589,
          661.260371
        ]
      },
      {
        "date": "2025-05-02",
        "close": 725.0271,
        "volume": 747652,
        "typical_volume": 786209.8,
        "trend": 677.633081,
        "fair_value": 582.664789,
        "relative_strength": 6.477268,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 28.697557,
        "energy": 30.181435,
        "activity_lines": [
          691.234086,
          660.721746,
          653.651016,
          664.227727
        ]
      },
      {
        "date": "2025-05-09",
        "close": 710.860779,
        "volume": 428382,
        "typical_volume": 786268.8,
        "trend": 676.869893,
        "fair_value": 584.656112,
        "relative_strength": 5.710812,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.842524,
        "energy": 35.742065,
        "activity_lines": [
          703.704452,
          673.189391,
          658.190229,
          666.371449
        ]
      },
      {
        "date": "2025-05-16",
        "close": 749.020081,
        "volume": 464717,
        "typical_volume": 799367.7,
        "trend": 678.095312,
        "fair_value": 586.747618,
        "relative_strength": 6.65881,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.242747,
        "energy": 51.236484,
        "activity_lines": [
          722.343486,
          690.838357,
          666.574826,
          671.0263
        ]
      },
      {
        "date": "2025-05-23",
        "close": 710.860779,
        "volume": 569896,
        "typical_volume": 762702.2,
        "trend": 679.353988,
        "fair_value": 588.456106,
        "relative_strength": 1.734488,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.951426,
        "energy": 48.172261,
        "activity_lines": [
          722.406669,
          699.404365,
          671.308102,
          673.140201
        ]
      },
      {
        "date": "2025-05-30",
        "close": 746.476135,
        "volume": 1813575,
        "typical_volume": 831849.9,
        "trend": 679.247573,
        "fair_value": 590.368825,
        "relative_strength": 6.966546,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.592634,
        "energy": 48.656331,
        "activity_lines": [
          731.308846,
          712.128671,
          679.517403,
          677.470662
        ]
      },
      {
        "date": "2025-06-06",
        "close": 740.689941,
        "volume": 408850,
        "typical_volume": 833053.95,
        "trend": 680.758982,
        "fair_value": 592.238119,
        "relative_strength": 4.786146,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 63.294058,
        "energy": 56.201785,
        "activity_lines": [
          735.389168,
          721.616134,
          686.819579,
          681.434686
        ]
      },
      {
        "date": "2025-06-13",
        "close": 738.993958,
        "volume": 784860,
        "typical_volume": 858121.05,
        "trend": 683.25638,
        "fair_value": 594.034779,
        "relative_strength": 5.48999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.078988,
        "energy": 46.326908,
        "activity_lines": [
          737.859973,
          728.248561,
          693.5208,
          685.191781
        ]
      },
      {
        "date": "2025-06-20",
        "close": 709.314453,
        "volume": 9802182,
        "typical_volume": 1312183.7,
        "trend": 685.424561,
        "fair_value": 595.174967,
        "relative_strength": -0.304499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.082,
        "energy": 34.829802,
        "activity_lines": [
          728.562065,
          727.186538,
          696.966659,
          686.872947
        ]
      },
      {
        "date": "2025-06-27",
        "close": 731.761108,
        "volume": 1943982,
        "typical_volume": 1390744.15,
        "trend": 687.050696,
        "fair_value": 596.411851,
        "relative_strength": 0.691588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.209264,
        "energy": 31.402705,
        "activity_lines": [
          729.393416,
          729.330532,
          702.385923,
          689.862402
        ]
      },
      {
        "date": "2025-07-04",
        "close": 845.840027,
        "volume": 17611134,
        "typical_volume": 2249105.95,
        "trend": 690.332896,
        "fair_value": 598.210879,
        "relative_strength": 16.801909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.933758,
        "energy": 51.66785,
        "activity_lines": [
          766.857719,
          751.009017,
          718.347279,
          700.106875
        ]
      },
      {
        "date": "2025-07-11",
        "close": 849.680908,
        "volume": 2552578,
        "typical_volume": 2307400.35,
        "trend": 693.249298,
        "fair_value": 600.055115,
        "relative_strength": 18.203028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.196797,
        "energy": 72.183,
        "activity_lines": [
          798.978056,
          770.790193,
          733.657802,
          710.387392
        ]
      },
      {
        "date": "2025-07-18",
        "close": 840.003906,
        "volume": 2201445,
        "typical_volume": 2375743.35,
        "trend": 696.075916,
        "fair_value": 601.731533,
        "relative_strength": 17.028339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.942823,
        "energy": 78.134105,
        "activity_lines": [
          820.606661,
          786.545482,
          747.199195,
          719.855431
        ]
      },
      {
        "date": "2025-07-25",
        "close": 834.317383,
        "volume": 696856,
        "typical_volume": 2377306.6,
        "trend": 699.038873,
        "fair_value": 603.318289,
        "relative_strength": 16.363675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.266207,
        "energy": 80.046746,
        "activity_lines": [
          833.605762,
          798.918801,
          759.123951,
          728.774236
        ]
      },
      {
        "date": "2025-08-01",
        "close": 812.868408,
        "volume": 1190601,
        "typical_volume": 2424995.25,
        "trend": 701.850527,
        "fair_value": 604.908812,
        "relative_strength": 14.072057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.478677,
        "energy": 72.472824,
        "activity_lines": [
          831.121676,
          805.841446,
          768.038009,
          736.118076
        ]
      },
      {
        "date": "2025-08-08",
        "close": 824.041809,
        "volume": 938260,
        "typical_volume": 2459232.45,
        "trend": 706.928461,
        "fair_value": 606.694797,
        "relative_strength": 15.996367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.035146,
        "energy": 49.633262,
        "activity_lines": [
          826.954903,
          812.940935,
          776.923559,
          744.001385
        ]
      },
      {
        "date": "2025-08-15",
        "close": 835.015747,
        "volume": 291884,
        "typical_volume": 2452927.5,
        "trend": 713.14868,
        "fair_value": 608.470998,
        "relative_strength": 15.650039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.720473,
        "energy": 47.145936,
        "activity_lines": [
          827.899324,
          820.625399,
          785.912673,
          752.265081
        ]
      },
      {
        "date": "2025-08-22",
        "close": 880.757019,
        "volume": 1719234,
        "typical_volume": 2516783.1,
        "trend": 720.875317,
        "fair_value": 610.120433,
        "relative_strength": 20.083901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.319052,
        "energy": 52.806138,
        "activity_lines": [
          845.068514,
          834.911445,
          798.141943,
          763.078522
        ]
      },
      {
        "date": "2025-08-29",
        "close": 834.317383,
        "volume": 747825,
        "typical_volume": 2524480.8,
        "trend": 726.19268,
        "fair_value": 611.387613,
        "relative_strength": 15.134652,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.376443,
        "energy": 45.661039,
        "activity_lines": [
          844.040951,
          838.176409,
          804.671424,
          770.397365
        ]
      },
      {
        "date": "2025-09-05",
        "close": 810.25,
        "volume": 912353,
        "typical_volume": 2562526.7,
        "trend": 731.066943,
        "fair_value": 612.219699,
        "relative_strength": 10.022511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.310202,
        "energy": 38.976669,
        "activity_lines": [
          834.990926,
          834.792706,
          808.084305,
          775.820418
        ]
      },
      {
        "date": "2025-09-12",
        "close": 846.900024,
        "volume": 1446102,
        "typical_volume": 2363618.4,
        "trend": 738.218699,
        "fair_value": 613.80042,
        "relative_strength": 12.79726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.619314,
        "energy": 38.118113,
        "activity_lines": [
          838.332137,
          836.645572,
          814.297754,
          783.29352
        ]
      },
      {
        "date": "2025-09-19",
        "close": 878.599976,
        "volume": 2203116,
        "typical_volume": 2436391.6,
        "trend": 745.115238,
        "fair_value": 615.556071,
        "relative_strength": 15.691632,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.45149,
        "energy": 40.696625,
        "activity_lines": [
          850.716117,
          844.242793,
          822.845385,
          792.350377
        ]
      },
      {
        "date": "2025-09-26",
        "close": 906.700012,
        "volume": 1537699,
        "typical_volume": 2491857.45,
        "trend": 754.863892,
        "fair_value": 617.332691,
        "relative_strength": 22.039218,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.977786,
        "energy": 47.557516,
        "activity_lines": [
          869.561161,
          856.423311,
          833.337911,
          802.775201
        ]
      },
      {
        "date": "2025-10-03",
        "close": 895.599976,
        "volume": 1107203,
        "typical_volume": 2523981.75,
        "trend": 763.68221,
        "fair_value": 618.95238,
        "relative_strength": 18.981796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.283431,
        "energy": 62.846667,
        "activity_lines": [
          882.97666,
          865.372984,
          841.840722,
          811.854948
        ]
      },
      {
        "date": "2025-10-10",
        "close": 899.950012,
        "volume": 617716,
        "typical_volume": 2526372.75,
        "trend": 774.233423,
        "fair_value": 620.850609,
        "relative_strength": 17.248124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.815021,
        "energy": 68.674748,
        "activity_lines": [
          893.756665,
          873.999343,
          850.059824,
          820.646419
        ]
      },
      {
        "date": "2025-10-17",
        "close": 941.299988,
        "volume": 2095905,
        "typical_volume": 2540489.25,
        "trend": 784.733032,
        "fair_value": 623.037411,
        "relative_strength": 20.005702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.049256,
        "energy": 74.047867,
        "activity_lines": [
          912.339994,
          888.560578,
          861.316593,
          831.424907
        ]
      },
      {
        "date": "2025-10-24",
        "close": 944.700012,
        "volume": 432923,
        "typical_volume": 2541692.9,
        "trend": 796.202275,
        "fair_value": 625.196131,
        "relative_strength": 19.379681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.365723,
        "energy": 71.663323,
        "activity_lines": [
          925.763334,
          901.608032,
          871.969442,
          841.745358
        ]
      },
      {
        "date": "2025-10-31",
        "close": 922.900024,
        "volume": 556891,
        "typical_volume": 2530294.45,
        "trend": 806.545799,
        "fair_value": 627.188739,
        "relative_strength": 16.588126,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.110094,
        "energy": 56.669811,
        "activity_lines": [
          927.513342,
          908.697593,
          879.574624,
          849.919406
        ]
      },
      {
        "date": "2025-11-07",
        "close": 934.799988,
        "volume": 1407981,
        "typical_volume": 2110584.4,
        "trend": 815.666504,
        "fair_value": 629.183291,
        "relative_strength": 18.572467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.271012,
        "energy": 50.108898,
        "activity_lines": [
          932.150004,
          917.184547,
          887.437394,
          858.19387
        ]
      },
      {
        "date": "2025-11-14",
        "close": 969.349976,
        "volume": 717794,
        "typical_volume": 2049275.0,
        "trend": 825.799207,
        "fair_value": 631.404082,
        "relative_strength": 20.28486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.012228,
        "energy": 51.94286,
        "activity_lines": [
          945.689994,
          930.126361,
          897.516898,
          868.108932
        ]
      },
      {
        "date": "2025-11-21",
        "close": 983.349976,
        "volume": 499491,
        "typical_volume": 1193692.85,
        "trend": 835.141563,
        "fair_value": 633.792133,
        "relative_strength": 20.479503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.854722,
        "energy": 53.235928,
        "activity_lines": [
          959.269987,
          942.720902,
          907.798359,
          878.273498
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1020.700012,
        "volume": 5426605,
        "typical_volume": 1337394.2,
        "trend": 844.997327,
        "fair_value": 636.43962,
        "relative_strength": 23.603682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.718294,
        "energy": 63.08011,
        "activity_lines": [
          982.496659,
          959.625451,
          920.982158,
          890.245011
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1027.099976,
        "volume": 931089,
        "typical_volume": 1273876.4,
        "trend": 855.538633,
        "fair_value": 639.313344,
        "relative_strength": 23.782007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.310583,
        "energy": 74.312146,
        "activity_lines": [
          1002.789986,
          975.109992,
          933.9611,
          901.993569
        ]
      },
      {
        "date": "2025-12-12",
        "close": 996.200012,
        "volume": 629300,
        "typical_volume": 1270498.6,
        "trend": 863.777964,
        "fair_value": 642.147198,
        "relative_strength": 20.156069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.381435,
        "energy": 66.537361,
        "activity_lines": [
          1005.836662,
          982.787268,
          943.106255,
          911.068497
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1008.700012,
        "volume": 1088540,
        "typical_volume": 1265395.55,
        "trend": 873.705939,
        "fair_value": 645.520237,
        "relative_strength": 21.539692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.522704,
        "energy": 58.474441,
        "activity_lines": [
          1008.956669,
          990.90818,
          952.671017,
          920.418306
        ]
      },
      {
        "date": "2025-12-26",
        "close": 995.5,
        "volume": 338499,
        "typical_volume": 1235407.5,
        "trend": 882.006734,
        "fair_value": 648.578655,
        "relative_strength": 19.103469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.938999,
        "energy": 47.062269,
        "activity_lines": [
          1005.053337,
          994.651817,
          960.046103,
          928.275988
        ]
      },
      {
        "date": "2026-01-02",
        "close": 992.099976,
        "volume": 1919973,
        "typical_volume": 1316811.95,
        "trend": 890.387069,
        "fair_value": 651.731552,
        "relative_strength": 16.892613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.677415,
        "energy": 37.196302,
        "activity_lines": [
          999.206661,
          996.791813,
          966.280909,
          935.378777
        ]
      },
      {
        "date": "2026-01-09",
        "close": 949.099976,
        "volume": 545463,
        "typical_volume": 1258123.4,
        "trend": 897.390603,
        "fair_value": 654.535422,
        "relative_strength": 14.071697,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.117516,
        "energy": 24.233572,
        "activity_lines": [
          980.933321,
          990.251809,
          967.672458,
          939.166707
        ]
      },
      {
        "date": "2026-01-16",
        "close": 947.299988,
        "volume": 358167,
        "typical_volume": 1238640.5,
        "trend": 905.323454,
        "fair_value": 657.365559,
        "relative_strength": 13.206736,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.583638,
        "energy": 18.005319,
        "activity_lines": [
          967.259986,
          982.908172,
          968.567136,
          942.386667
        ]
      },
      {
        "date": "2026-01-23",
        "close": 942.900024,
        "volume": 386174,
        "typical_volume": 1212331.55,
        "trend": 912.361418,
        "fair_value": 660.293611,
        "relative_strength": 14.93811,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.822618,
        "energy": 17.364793,
        "activity_lines": [
          955.379997,
          974.537269,
          968.504758,
          944.810962
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1001.799988,
        "volume": 585575,
        "typical_volume": 1169305.2,
        "trend": 917.560083,
        "fair_value": 663.475648,
        "relative_strength": 20.040619,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.006658,
        "energy": 18.772259,
        "activity_lines": [
          967.519995,
          977.356359,
          973.420233,
          950.581192
        ]
      },
      {
        "date": "2026-02-06",
        "close": 976.200012,
        "volume": 397232,
        "typical_volume": 1079011.0,
        "trend": 921.777387,
        "fair_value": 666.478651,
        "relative_strength": 14.618743,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.554296,
        "energy": 13.477407,
        "activity_lines": [
          970.706669,
          975.185453,
          975.159997,
          954.364414
        ]
      },
      {
        "date": "2026-02-13",
        "close": 958.099976,
        "volume": 214582,
        "typical_volume": 1012855.15,
        "trend": 925.713922,
        "fair_value": 669.352921,
        "relative_strength": 12.819732,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.846706,
        "energy": 10.554241,
        "activity_lines": [
          968.919995,
          970.532722,
          974.711185,
          956.707807
        ]
      },
      {
        "date": "2026-02-20",
        "close": 948.400024,
        "volume": 151929,
        "typical_volume": 965091.45,
        "trend": 929.516677,
        "fair_value": 672.326396,
        "relative_strength": 10.753201,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.187099,
        "energy": 8.965266,
        "activity_lines": [
          963.300004,
          965.370908,
          973.093807,
          958.171426
        ]
      },
      {
        "date": "2026-02-27",
        "close": 900.700012,
        "volume": 439867,
        "typical_volume": 956199.0,
        "trend": 932.444397,
        "fair_value": 675.022694,
        "relative_strength": 6.333807,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.963896,
        "energy": 9.746668,
        "activity_lines": [
          941.706673,
          952.405457,
          966.682142,
          956.312286
        ]
      },
      {
        "date": "2026-03-06",
        "close": 828.849976,
        "volume": 491749,
        "typical_volume": 875991.2,
        "trend": 932.604669,
        "fair_value": 677.275251,
        "relative_strength": 0.425977,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.941598,
        "energy": 48.329352,
        "activity_lines": [
          898.976664,
          928.339998,
          953.424044,
          949.628775
        ]
      },
      {
        "date": "2026-03-13",
        "close": 830.0,
        "volume": 394239,
        "typical_volume": 874057.0,
        "trend": 932.437478,
        "fair_value": 679.674009,
        "relative_strength": 5.619654,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.492877,
        "energy": 60.102073,
        "activity_lines": [
          868.159998,
          907.513635,
          940.810949,
          943.009119
        ]
      },
      {
        "date": "2026-03-20",
        "close": 810.450012,
        "volume": 12234283,
        "typical_volume": 1457926.6,
        "trend": 930.093911,
        "fair_value": 681.98271,
        "relative_strength": 2.815185,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.807099,
        "energy": 64.614304,
        "activity_lines": [
          840.573336,
          886.080002,
          926.882141,
          935.13896
        ]
      },
      {
        "date": "2026-03-27",
        "close": 817.099976,
        "volume": 1494205,
        "typical_volume": 1462237.8,
        "trend": 929.519997,
        "fair_value": 684.3477,
        "relative_strength": 4.393848,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -67.216118,
        "energy": 73.179809,
        "activity_lines": [
          825.046659,
          868.376361,
          914.12214,
          927.849029
        ]
      },
      {
        "date": "2026-04-03",
        "close": 821.599976,
        "volume": 326857,
        "typical_volume": 1442690.95,
        "trend": 929.89833,
        "fair_value": 686.708496,
        "relative_strength": 4.906474,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.304528,
        "energy": 68.637041,
        "activity_lines": [
          819.77332,
          853.858174,
          902.351185,
          920.886447
        ]
      },
      {
        "date": "2026-04-10",
        "close": 869.849976,
        "volume": 589264,
        "typical_volume": 1447179.6,
        "trend": 930.663328,
        "fair_value": 689.268985,
        "relative_strength": 4.470854,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.088852,
        "energy": 46.028238,
        "activity_lines": [
          835.856649,
          850.318171,
          895.879041,
          917.01236
        ]
      },
      {
        "date": "2026-04-17",
        "close": 851.25,
        "volume": 1149143,
        "typical_volume": 1233306.5,
        "trend": 929.751662,
        "fair_value": 691.79729,
        "relative_strength": 0.570875,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.842552,
        "energy": 36.590789,
        "activity_lines": [
          843.006653,
          845.795445,
          888.175946,
          911.888919
        ]
      },
      {
        "date": "2026-04-24",
        "close": 834.049988,
        "volume": 372749,
        "typical_volume": 1205389.5,
        "trend": 927.329995,
        "fair_value": 694.105419,
        "relative_strength": 0.104228,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.451059,
        "energy": 30.957945,
        "activity_lines": [
          843.006653,
          840.417262,
          879.64166,
          905.714617
        ]
      },
      {
        "date": "2026-05-01",
        "close": 836.25,
        "volume": 448509,
        "typical_volume": 1196349.95,
        "trend": 925.351662,
        "fair_value": 696.385398,
        "relative_strength": -0.326934,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.637129,
        "energy": 28.10523,
        "activity_lines": [
          842.166659,
          837.694536,
          872.236184,
          899.838489
        ]
      },
      {
        "date": "2026-05-08",
        "close": 836.099976,
        "volume": 441708,
        "typical_volume": 1164008.35,
        "trend": 923.223328,
        "fair_value": 698.580547,
        "relative_strength": -1.350931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.108049,
        "energy": 30.131058,
        "activity_lines": [
          839.999988,
          836.983624,
          865.578087,
          894.080315
        ]
      },
      {
        "date": "2026-05-15",
        "close": 819.650024,
        "volume": 438657,
        "typical_volume": 1169016.25,
        "trend": 919.168329,
        "fair_value": 700.937738,
        "relative_strength": -1.369043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.940865,
        "energy": 36.7365,
        "activity_lines": [
          831.383333,
          834.456358,
          858.175233,
          887.398167
        ]
      },
      {
        "date": "2026-05-22",
        "close": 856.049988,
        "volume": 416797,
        "typical_volume": 1093857.45,
        "trend": 916.213328,
        "fair_value": 703.522862,
        "relative_strength": 2.26289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.397048,
        "energy": 29.542548,
        "activity_lines": [
          838.246663,
          838.714539,
          855.076423,
          883.326016
        ]
      },
      {
        "date": "2026-05-29",
        "close": 902.599976,
        "volume": 1553022,
        "typical_volume": 1144235.4,
        "trend": 915.53666,
        "fair_value": 706.431799,
        "relative_strength": 8.12781,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.789695,
        "energy": 13.797408,
        "activity_lines": [
          860.306657,
          850.962718,
          857.058802,
          882.447735
        ]
      },
      {
        "date": "2026-06-05",
        "close": 901.900024,
        "volume": 64779,
        "typical_volume": 1129566.0,
        "trend": 914.439994,
        "fair_value": 709.225058,
        "relative_strength": 8.353633,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.866593,
        "energy": 11.368041,
        "activity_lines": [
          877.563334,
          861.408179,
          859.195947,
          881.567952
        ]
      },
      {
        "date": "2026-06-12",
        "close": 883.599976,
        "volume": 37938,
        "typical_volume": 1112154.2,
        "trend": 911.581661,
        "fair_value": 711.781242,
        "relative_strength": 4.579884,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.665128,
        "energy": 17.153208,
        "activity_lines": [
          884.343327,
          866.984539,
          859.806422,
          879.578273
        ]
      },
      {
        "date": "2026-06-19",
        "close": 846.349976,
        "volume": 98893,
        "typical_volume": 1087820.1,
        "trend": 907.014994,
        "fair_value": 714.085619,
        "relative_strength": -1.826112,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.788462,
        "energy": 17.343929,
        "activity_lines": [
          875.539986,
          864.6609,
          857.151658,
          875.369778
        ]
      },
      {
        "date": "2026-06-26",
        "close": 898.900024,
        "volume": 0,
        "typical_volume": 1067958.5,
        "trend": 902.954995,
        "fair_value": 716.750999,
        "relative_strength": 3.593881,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.500426,
        "energy": 10.096515,
        "activity_lines": [
          882.473332,
          872.319087,
          860.241899,
          874.846231
        ]
      },
      {
        "date": "2026-07-03",
        "close": 873.650024,
        "volume": 53290,
        "typical_volume": 1059893.9,
        "trend": 897.839996,
        "fair_value": 718.987664,
        "relative_strength": -0.354744,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.471587,
        "energy": 8.25185,
        "activity_lines": [
          878.133341,
          874.520002,
          861.295473,
          872.955588
        ]
      },
      {
        "date": "2026-07-10",
        "close": 914.900024,
        "volume": 708747,
        "typical_volume": 1087734.8,
        "trend": 895.129997,
        "fair_value": 721.419497,
        "relative_strength": 4.402858,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.090482,
        "energy": 11.883846,
        "activity_lines": [
          889.473348,
          883.500915,
          866.679762,
          874.056235
        ]
      },
      {
        "date": "2026-07-17",
        "close": 881.200012,
        "volume": 616133,
        "typical_volume": 1096548.1,
        "trend": 890.879997,
        "fair_value": 723.512996,
        "relative_strength": -0.105601,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.169249,
        "energy": 14.643321,
        "activity_lines": [
          888.71335,
          884.924554,
          869.014049,
          873.157526
        ]
      },
      {
        "date": "2026-07-24",
        "close": 888.299988,
        "volume": 235693,
        "typical_volume": 1083745.3,
        "trend": 887.306663,
        "fair_value": 725.669797,
        "relative_strength": 2.894442,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.179987,
        "energy": 11.314912,
        "activity_lines": [
          890.480009,
          886.819096,
          872.117381,
          872.991074
        ]
      },
      {
        "date": "2026-07-31",
        "close": 876.549988,
        "volume": 381965,
        "typical_volume": 1083131.6,
        "trend": 883.454997,
        "fair_value": 727.897096,
        "relative_strength": -1.181788,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.39687,
        "energy": 13.536172,
        "activity_lines": [
          885.533333,
          885.329094,
          873.818571,
          872.297095
        ]
      },
      {
        "date": "2026-08-07",
        "close": 898.700012,
        "volume": 2076180,
        "typical_volume": 575226.45,
        "trend": 881.774998,
        "fair_value": 730.282266,
        "relative_strength": 0.397897,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.723684,
        "energy": 12.57178,
        "activity_lines": [
          889.460002,
          887.493641,
          877.40762,
          873.280644
        ]
      }
    ],
    "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."
    }
  }
}