{
  "ticker": {
    "uuid": "5cadb7d4-693e-48d9-8ba0-da803010cb8e",
    "symbol": "301152",
    "name": "Tianli Lithium Energy Group Co., Ltd.",
    "exchange": "SHZ",
    "country": "CN",
    "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": "399001.SZ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -69.482,
    "architecture_energy": 84.544,
    "architecture_maturity": 38.0,
    "architecture_confidence": 91.129,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 4.2,
        "rotation_up": 11.39,
        "upward_expansion": 20.88,
        "deceleration": 37.62,
        "rotation_down": 76.59,
        "downward_expansion": 96.55
      },
      "activity_lines": [
        19.924001,
        21.248,
        24.341,
        25.867849
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 19.67,
    "trend_reference": 27.697667,
    "distance_from_trend": -0.289832,
    "trend_direction": "Weakening",
    "fair_value": 29.337949,
    "distance_from_fair_value": -0.329537,
    "fair_value_direction": "Weakening",
    "relative_strength": -34.630362,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.346512,
    "excess_performance": -0.353911,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.289832,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.11251,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.329537,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.437503,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.346304,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.286254,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.346512,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.250873,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 36881478,
      "relative_activity": 1.755271,
      "balance": 0.250873,
      "dry_up": 1.197848,
      "accumulation_observations": 1,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.137108,
      "annualized_volatility": 0.471291,
      "from_high_reference": -0.546774,
      "from_low_reference": 0.13046
    },
    "levels": {
      "trend_reference": 27.697667,
      "fair_value_reference": 29.337949,
      "structural_low": 17.4,
      "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": 11,
        "median_return": 0.001245,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.454545,
        "median_excess_return": 0.029671,
        "regime_survival": 0.727273,
        "best_return": 0.260833,
        "worst_return": -0.226867,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.042687,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.075775,
        "regime_survival": 0.6,
        "best_return": 0.416214,
        "worst_return": -0.164747,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.080194,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.082903,
        "regime_survival": 0.0,
        "best_return": 0.182897,
        "worst_return": -0.022508,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.013224,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.220011,
        "regime_survival": 1.0,
        "best_return": 0.170951,
        "worst_return": -0.144503,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-11",
        "end": "2024-12-13",
        "tenure": "Developing",
        "return": 0.174376,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-20",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": -0.20622,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-31",
        "end": "2025-02-21",
        "tenure": "New",
        "return": 0.074837,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-28",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.036925,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-21",
        "end": "2025-06-20",
        "tenure": "Established",
        "return": 0.021079,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-27",
        "end": "2025-07-04",
        "tenure": "New",
        "return": -0.019091,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-11",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.051718,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": 0.148121,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-31",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": -0.07813,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-09",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.037766,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.133481,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-01",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.007955,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-15",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.215747,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.22099,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 47.450001,
        "volume": 16473174,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-04",
        "close": 49.73,
        "volume": 20671139,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-11",
        "close": 49.860001,
        "volume": 20935292,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-18",
        "close": 39.970001,
        "volume": 25097980,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 33.110001,
        "volume": 13844192,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 32.240002,
        "volume": 16785536,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 32.099998,
        "volume": 13744283,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 32.599998,
        "volume": 14266953,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 31.379999,
        "volume": 10758897,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 30.879999,
        "volume": 8470725,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 33.299999,
        "volume": 17822618,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 32.84,
        "volume": 27325884,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 31.75,
        "volume": 22127546,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 31.52,
        "volume": 11484860,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 32.200001,
        "volume": 11627346,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 32.639999,
        "volume": 14231254,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 31.370001,
        "volume": 10126845,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 30.33,
        "volume": 7010721,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 34.349998,
        "volume": 32034650,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 32.419998,
        "volume": 26500607,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 35.150002,
        "volume": 35585794,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 36.580002,
        "volume": 39704134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 35.279999,
        "volume": 26132243,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 36.720001,
        "volume": 38901858,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 29.969999,
        "volume": 23073683,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 27.040001,
        "volume": 23147223,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 26.379999,
        "volume": 26652690,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 23.75,
        "volume": 15837328,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 26.540001,
        "volume": 22282804,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 28.41,
        "volume": 31480490,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 26.66,
        "volume": 17991516,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 27.950001,
        "volume": 21310387,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 28.059999,
        "volume": 16773496,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 26.74,
        "volume": 18465567,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 28.65,
        "volume": 16501178,
        "typical_volume": 23187223.4,
        "trend": 30.86,
        "fair_value": 41.757479,
        "relative_strength": -14.816552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.723787,
        "energy": 22.258103,
        "activity_lines": [
          27.796667,
          27.391091,
          28.921714,
          29.864473
        ]
      },
      {
        "date": "2024-04-12",
        "close": 26.91,
        "volume": 25466400,
        "typical_volume": 23748980.7,
        "trend": 30.682333,
        "fair_value": 41.574177,
        "relative_strength": -16.791426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.746224,
        "energy": 23.867097,
        "activity_lines": [
          27.562667,
          27.371455,
          28.603667,
          29.609634
        ]
      },
      {
        "date": "2024-04-19",
        "close": 22.860001,
        "volume": 16361173,
        "typical_volume": 24060697.1,
        "trend": 30.374333,
        "fair_value": 41.345955,
        "relative_strength": -29.202308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.21256,
        "energy": 44.782375,
        "activity_lines": [
          25.962,
          26.617818,
          27.927191,
          29.104968
        ]
      },
      {
        "date": "2024-04-26",
        "close": 22.959999,
        "volume": 9108059,
        "typical_volume": 24165564.0,
        "trend": 30.053,
        "fair_value": 41.124438,
        "relative_strength": -29.694966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.692944,
        "energy": 63.130197,
        "activity_lines": [
          24.734,
          25.946364,
          27.300762,
          28.626624
        ]
      },
      {
        "date": "2024-05-03",
        "close": 23.83,
        "volume": 6443491,
        "typical_volume": 22886006.05,
        "trend": 29.801333,
        "fair_value": 40.918551,
        "relative_strength": -27.455346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.655713,
        "energy": 69.033083,
        "activity_lines": [
          24.136,
          25.447455,
          26.792286,
          28.22514
        ]
      },
      {
        "date": "2024-05-10",
        "close": 27.700001,
        "volume": 21455286,
        "typical_volume": 22633740.0,
        "trend": 29.695333,
        "fair_value": 40.763039,
        "relative_strength": -16.753891,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.181659,
        "energy": 57.508489,
        "activity_lines": [
          25.022,
          25.701455,
          26.702476,
          28.08957
        ]
      },
      {
        "date": "2024-05-17",
        "close": 26.49,
        "volume": 18000228,
        "typical_volume": 21754461.7,
        "trend": 29.468333,
        "fair_value": 40.597073,
        "relative_strength": -20.019022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.768861,
        "energy": 34.67963,
        "activity_lines": [
          25.568,
          25.748364,
          26.519905,
          27.882774
        ]
      },
      {
        "date": "2024-05-24",
        "close": 24.610001,
        "volume": 12941482,
        "typical_volume": 20416329.1,
        "trend": 29.194,
        "fair_value": 40.413314,
        "relative_strength": -22.998995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.88367,
        "energy": 28.009088,
        "activity_lines": [
          25.515334,
          25.456546,
          26.199524,
          27.569333
        ]
      },
      {
        "date": "2024-05-31",
        "close": 24.27,
        "volume": 9042140,
        "typical_volume": 19561823.95,
        "trend": 28.944667,
        "fair_value": 40.229867,
        "relative_strength": -23.017425,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.241539,
        "energy": 26.699646,
        "activity_lines": [
          25.232667,
          25.163637,
          25.903762,
          27.251656
        ]
      },
      {
        "date": "2024-06-07",
        "close": 21.4,
        "volume": 10678088,
        "typical_volume": 18150635.45,
        "trend": 28.607333,
        "fair_value": 40.018296,
        "relative_strength": -30.594106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.354416,
        "energy": 49.530563,
        "activity_lines": [
          23.906,
          24.417818,
          25.387095,
          26.764903
        ]
      },
      {
        "date": "2024-06-14",
        "close": 22.01,
        "volume": 5204540,
        "typical_volume": 17257178.3,
        "trend": 28.267667,
        "fair_value": 39.818204,
        "relative_strength": -27.824866,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.263084,
        "energy": 66.591325,
        "activity_lines": [
          22.944667,
          23.88,
          25.001476,
          26.339269
        ]
      },
      {
        "date": "2024-06-21",
        "close": 22.9,
        "volume": 14994964,
        "typical_volume": 16849565.35,
        "trend": 27.943,
        "fair_value": 39.632289,
        "relative_strength": -22.56985,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.940738,
        "energy": 62.574554,
        "activity_lines": [
          22.659333,
          23.624727,
          24.738524,
          25.992968
        ]
      },
      {
        "date": "2024-06-28",
        "close": 24.09,
        "volume": 22473816,
        "typical_volume": 16640621.65,
        "trend": 27.700333,
        "fair_value": 39.463351,
        "relative_strength": -15.921963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.194104,
        "energy": 47.641234,
        "activity_lines": [
          23.01,
          23.658727,
          24.608619,
          25.744387
        ]
      },
      {
        "date": "2024-07-05",
        "close": 23.93,
        "volume": 15992093,
        "typical_volume": 16648359.9,
        "trend": 27.487,
        "fair_value": 39.296326,
        "relative_strength": -14.395787,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.929296,
        "energy": 32.877569,
        "activity_lines": [
          23.342,
          23.641273,
          24.474381,
          25.50114
        ]
      },
      {
        "date": "2024-07-12",
        "close": 25.209999,
        "volume": 24724241,
        "typical_volume": 16770431.75,
        "trend": 27.182333,
        "fair_value": 39.146471,
        "relative_strength": -10.789632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.3715,
        "energy": 17.732753,
        "activity_lines": [
          24.123333,
          23.838909,
          24.46119,
          25.354237
        ]
      },
      {
        "date": "2024-07-19",
        "close": 24.52,
        "volume": 13706413,
        "typical_volume": 15881727.9,
        "trend": 26.919,
        "fair_value": 38.992509,
        "relative_strength": -13.140167,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.131962,
        "energy": 17.160387,
        "activity_lines": [
          24.420666,
          23.886,
          24.388619,
          25.182473
        ]
      },
      {
        "date": "2024-07-26",
        "close": 24.120001,
        "volume": 9417866,
        "typical_volume": 15453045.4,
        "trend": 26.551333,
        "fair_value": 38.837587,
        "relative_strength": -11.103518,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.159892,
        "energy": 15.020251,
        "activity_lines": [
          24.417333,
          23.918182,
          24.296476,
          25.001893
        ]
      },
      {
        "date": "2024-08-02",
        "close": 25.610001,
        "volume": 13791385,
        "typical_volume": 15077095.3,
        "trend": 26.185667,
        "fair_value": 38.70122,
        "relative_strength": -4.306796,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.26972,
        "energy": 12.280951,
        "activity_lines": [
          24.829334,
          24.264364,
          24.358334,
          24.941161
        ]
      },
      {
        "date": "2024-08-09",
        "close": 24.040001,
        "volume": 8802268,
        "typical_volume": 14678533.9,
        "trend": 25.811,
        "fair_value": 38.551615,
        "relative_strength": -7.661976,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.343853,
        "energy": 9.416038,
        "activity_lines": [
          24.616667,
          24.306909,
          24.28181,
          24.802731
        ]
      },
      {
        "date": "2024-08-16",
        "close": 25.370001,
        "volume": 14562166,
        "typical_volume": 14483363.85,
        "trend": 25.432667,
        "fair_value": 38.418468,
        "relative_strength": -1.192354,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.266478,
        "energy": 6.956513,
        "activity_lines": [
          24.840001,
          24.595455,
          24.351096,
          24.77428
        ]
      },
      {
        "date": "2024-08-23",
        "close": 23.42,
        "volume": 17692744,
        "typical_volume": 14542942.15,
        "trend": 25.214334,
        "fair_value": 38.268483,
        "relative_strength": -5.884327,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.700472,
        "energy": 13.315715,
        "activity_lines": [
          24.402667,
          24.457273,
          24.241191,
          24.64443
        ]
      },
      {
        "date": "2024-08-30",
        "close": 25.75,
        "volume": 44591776,
        "typical_volume": 15499210.95,
        "trend": 25.171333,
        "fair_value": 38.144538,
        "relative_strength": 1.889563,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.126052,
        "energy": 4.518418,
        "activity_lines": [
          24.815334,
          24.717091,
          24.378096,
          24.678989
        ]
      },
      {
        "date": "2024-09-06",
        "close": 25.0,
        "volume": 26032722,
        "typical_volume": 15982788.4,
        "trend": 25.125334,
        "fair_value": 38.01567,
        "relative_strength": 1.695736,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.811568,
        "energy": 7.225828,
        "activity_lines": [
          24.869334,
          24.788728,
          24.449096,
          24.667936
        ]
      },
      {
        "date": "2024-09-13",
        "close": 24.85,
        "volume": 20488747,
        "typical_volume": 16551822.8,
        "trend": 25.162,
        "fair_value": 37.887848,
        "relative_strength": 2.92898,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.632879,
        "energy": 7.048631,
        "activity_lines": [
          24.914,
          24.816546,
          24.495619,
          24.650172
        ]
      },
      {
        "date": "2024-09-20",
        "close": 24.870001,
        "volume": 7767682,
        "typical_volume": 16618032.35,
        "trend": 25.106334,
        "fair_value": 37.762676,
        "relative_strength": 1.870758,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.151609,
        "energy": 8.345809,
        "activity_lines": [
          24.911334,
          24.831273,
          24.535048,
          24.631334
        ]
      },
      {
        "date": "2024-09-27",
        "close": 29.49,
        "volume": 32832171,
        "typical_volume": 17186876.6,
        "trend": 25.142334,
        "fair_value": 37.683889,
        "relative_strength": 2.59157,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.087429,
        "energy": 41.400964,
        "activity_lines": [
          26.482,
          25.692182,
          25.009524,
          24.914151
        ]
      },
      {
        "date": "2024-10-04",
        "close": 33.889999,
        "volume": 13457425,
        "typical_volume": 16959736.45,
        "trend": 25.383333,
        "fair_value": 37.648097,
        "relative_strength": 6.443147,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 85.204507,
        "energy": 76.3578,
        "activity_lines": [
          29.114667,
          27.262727,
          25.894524,
          25.478516
        ]
      },
      {
        "date": "2024-10-11",
        "close": 30.049999,
        "volume": 35536868,
        "typical_volume": 18089505.75,
        "trend": 25.453333,
        "fair_value": 37.577087,
        "relative_strength": -1.175156,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.65584,
        "energy": 69.291642,
        "activity_lines": [
          29.924666,
          27.957454,
          26.378571,
          25.779592
        ]
      },
      {
        "date": "2024-10-18",
        "close": 33.599998,
        "volume": 38202949,
        "typical_volume": 19547546.2,
        "trend": 25.638,
        "fair_value": 37.540262,
        "relative_strength": 7.375141,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.04274,
        "energy": 78.937042,
        "activity_lines": [
          31.581332,
          29.216909,
          27.174809,
          26.305183
        ]
      },
      {
        "date": "2024-10-25",
        "close": 41.200001,
        "volume": 73960064,
        "typical_volume": 22711645.0,
        "trend": 26.12,
        "fair_value": 37.573838,
        "relative_strength": 28.046835,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.565019,
        "energy": 89.903483,
        "activity_lines": [
          35.187999,
          31.684363,
          28.650429,
          27.309183
        ]
      },
      {
        "date": "2024-11-01",
        "close": 38.5,
        "volume": 64816022,
        "typical_volume": 25692219.1,
        "trend": 26.448333,
        "fair_value": 37.582257,
        "relative_strength": 21.203309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.708118,
        "energy": 84.901624,
        "activity_lines": [
          36.806,
          33.373091,
          29.774619,
          28.107892
        ]
      },
      {
        "date": "2024-11-08",
        "close": 40.419998,
        "volume": 39901016,
        "typical_volume": 26937521.7,
        "trend": 26.898667,
        "fair_value": 37.607823,
        "relative_strength": 18.878788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.872387,
        "energy": 86.568492,
        "activity_lines": [
          38.463333,
          35.136727,
          31.003143,
          29.00929
        ]
      },
      {
        "date": "2024-11-15",
        "close": 42.639999,
        "volume": 45162887,
        "typical_volume": 28071975.25,
        "trend": 27.558,
        "fair_value": 37.652753,
        "relative_strength": 29.617828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.668922,
        "energy": 86.868891,
        "activity_lines": [
          40.425332,
          37.037272,
          32.359666,
          30.02486
        ]
      },
      {
        "date": "2024-11-22",
        "close": 39.259998,
        "volume": 31902372,
        "typical_volume": 28867489.2,
        "trend": 28.101333,
        "fair_value": 37.666976,
        "relative_strength": 22.512762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.570045,
        "energy": 59.666457,
        "activity_lines": [
          40.421332,
          38.002544,
          33.305952,
          30.779828
        ]
      },
      {
        "date": "2024-11-29",
        "close": 37.419998,
        "volume": 33832157,
        "typical_volume": 29322885.0,
        "trend": 28.554333,
        "fair_value": 37.66481,
        "relative_strength": 14.624476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.224694,
        "energy": 52.095378,
        "activity_lines": [
          39.426665,
          38.371271,
          34.003999,
          31.381032
        ]
      },
      {
        "date": "2024-12-06",
        "close": 34.799999,
        "volume": 22373041,
        "typical_volume": 29756216.4,
        "trend": 28.791,
        "fair_value": 37.639898,
        "relative_strength": 4.756096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.488935,
        "energy": 37.287107,
        "activity_lines": [
          37.810665,
          38.035453,
          34.39438,
          31.783978
        ]
      },
      {
        "date": "2024-12-13",
        "close": 35.290001,
        "volume": 22769675,
        "typical_volume": 30423806.85,
        "trend": 29.084333,
        "fair_value": 37.619641,
        "relative_strength": 7.209014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.329931,
        "energy": 24.846155,
        "activity_lines": [
          36.604666,
          37.692181,
          34.782476,
          32.203268
        ]
      },
      {
        "date": "2024-12-20",
        "close": 35.689999,
        "volume": 15754347,
        "typical_volume": 30521954.95,
        "trend": 29.453666,
        "fair_value": 37.603148,
        "relative_strength": 9.170663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.158062,
        "energy": 21.633082,
        "activity_lines": [
          35.873999,
          37.396181,
          35.155475,
          32.62944
        ]
      },
      {
        "date": "2024-12-27",
        "close": 32.549999,
        "volume": 12209967,
        "typical_volume": 30692339.9,
        "trend": 29.729666,
        "fair_value": 37.560325,
        "relative_strength": -0.084405,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.411089,
        "energy": 20.378966,
        "activity_lines": [
          34.559999,
          36.426726,
          35.181428,
          32.829204
        ]
      },
      {
        "date": "2025-01-03",
        "close": 28.879999,
        "volume": 12869102,
        "typical_volume": 30607686.7,
        "trend": 29.979,
        "fair_value": 37.487381,
        "relative_strength": -3.959253,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.886854,
        "energy": 14.279448,
        "activity_lines": [
          32.469999,
          34.80909,
          34.817333,
          32.774387
        ]
      },
      {
        "date": "2025-01-10",
        "close": 28.75,
        "volume": 10563912,
        "typical_volume": 30251245.1,
        "trend": 30.203666,
        "fair_value": 37.414569,
        "relative_strength": -2.828967,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.068695,
        "energy": 21.797928,
        "activity_lines": [
          30.905999,
          33.391817,
          34.424142,
          32.695096
        ]
      },
      {
        "date": "2025-01-17",
        "close": 30.23,
        "volume": 23561961,
        "typical_volume": 29199754.35,
        "trend": 30.448,
        "fair_value": 37.355193,
        "relative_strength": -0.801716,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.320011,
        "energy": 28.40637,
        "activity_lines": [
          30.238666,
          32.420909,
          34.146523,
          32.696795
        ]
      },
      {
        "date": "2025-01-24",
        "close": 28.33,
        "volume": 15364112,
        "typical_volume": 28666323.85,
        "trend": 30.589333,
        "fair_value": 37.281216,
        "relative_strength": -7.834324,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -28.688469,
        "energy": 46.518888,
        "activity_lines": [
          29.275333,
          31.289818,
          33.666618,
          32.56015
        ]
      },
      {
        "date": "2025-01-31",
        "close": 27.66,
        "volume": 1599600,
        "typical_volume": 27721866.5,
        "trend": 30.713666,
        "fair_value": 37.202994,
        "relative_strength": -8.58983,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.999235,
        "energy": 52.841526,
        "activity_lines": [
          28.579333,
          30.297091,
          33.107047,
          32.371161
        ]
      },
      {
        "date": "2025-02-07",
        "close": 29.08,
        "volume": 7223621,
        "typical_volume": 27694663.45,
        "trend": 30.842666,
        "fair_value": 37.137486,
        "relative_strength": -7.39908,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.882831,
        "energy": 41.212412,
        "activity_lines": [
          28.682667,
          29.773454,
          32.669333,
          32.265763
        ]
      },
      {
        "date": "2025-02-14",
        "close": 28.93,
        "volume": 16911337,
        "typical_volume": 26898621.75,
        "trend": 30.989666,
        "fair_value": 37.071826,
        "relative_strength": -9.36255,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.765778,
        "energy": 36.47425,
        "activity_lines": [
          28.722667,
          29.374182,
          32.197285,
          32.142365
        ]
      },
      {
        "date": "2025-02-21",
        "close": 29.73,
        "volume": 18777256,
        "typical_volume": 27164613.3,
        "trend": 31.176666,
        "fair_value": 37.013558,
        "relative_strength": -8.775321,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.069468,
        "energy": 28.426161,
        "activity_lines": [
          29.017333,
          29.227091,
          31.804095,
          32.061096
        ]
      },
      {
        "date": "2025-02-28",
        "close": 29.790001,
        "volume": 24561051,
        "typical_volume": 26615822.45,
        "trend": 31.316,
        "fair_value": 36.95668,
        "relative_strength": -5.191321,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.50516,
        "energy": 19.9919,
        "activity_lines": [
          29.365334,
          29.192,
          31.436428,
          31.971634
        ]
      },
      {
        "date": "2025-03-07",
        "close": 28.48,
        "volume": 23667832,
        "typical_volume": 25889066.6,
        "trend": 31.464,
        "fair_value": 36.890456,
        "relative_strength": -11.177394,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.641085,
        "energy": 21.585744,
        "activity_lines": [
          29.179334,
          29.026,
          30.945238,
          31.788666
        ]
      },
      {
        "date": "2025-03-14",
        "close": 28.690001,
        "volume": 13461903,
        "typical_volume": 22864158.55,
        "trend": 31.574666,
        "fair_value": 36.826886,
        "relative_strength": -11.449779,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.043075,
        "energy": 20.312472,
        "activity_lines": [
          29.008667,
          28.972182,
          30.498429,
          31.609699
        ]
      },
      {
        "date": "2025-03-21",
        "close": 27.99,
        "volume": 10085601,
        "typical_volume": 20127637.5,
        "trend": 31.727,
        "fair_value": 36.75891,
        "relative_strength": -11.077869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.819345,
        "energy": 40.940029,
        "activity_lines": [
          28.630667,
          28.794546,
          30.044524,
          31.37843
        ]
      },
      {
        "date": "2025-03-28",
        "close": 26.49,
        "volume": 8621383,
        "typical_volume": 18563655.85,
        "trend": 31.751666,
        "fair_value": 36.680521,
        "relative_strength": -15.014198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.253198,
        "energy": 62.481881,
        "activity_lines": [
          27.815334,
          28.358,
          29.49781,
          31.040559
        ]
      },
      {
        "date": "2025-04-04",
        "close": 24.51,
        "volume": 9194307,
        "typical_volume": 16765226.85,
        "trend": 31.735333,
        "fair_value": 36.588321,
        "relative_strength": -19.196811,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.484621,
        "energy": 81.453122,
        "activity_lines": [
          26.556,
          27.629455,
          28.828857,
          30.573355
        ]
      },
      {
        "date": "2025-04-11",
        "close": 21.51,
        "volume": 18295484,
        "typical_volume": 16084882.45,
        "trend": 31.624,
        "fair_value": 36.47495,
        "relative_strength": -24.896354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.020744,
        "energy": 90.676017,
        "activity_lines": [
          24.648667,
          26.424909,
          27.960524,
          29.913656
        ]
      },
      {
        "date": "2025-04-18",
        "close": 21.639999,
        "volume": 10038687,
        "typical_volume": 14895208.95,
        "trend": 31.516333,
        "fair_value": 36.364241,
        "relative_strength": -23.908462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.268675,
        "energy": 93.76565,
        "activity_lines": [
          23.249333,
          25.355818,
          27.189095,
          29.269527
        ]
      },
      {
        "date": "2025-04-25",
        "close": 21.42,
        "volume": 11243954,
        "typical_volume": 14338754.6,
        "trend": 31.247333,
        "fair_value": 36.253543,
        "relative_strength": -25.579429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.823513,
        "energy": 91.931711,
        "activity_lines": [
          22.246666,
          24.382,
          26.471857,
          28.61815
        ]
      },
      {
        "date": "2025-05-02",
        "close": 21.940001,
        "volume": 7419433,
        "typical_volume": 13571242.5,
        "trend": 30.849,
        "fair_value": 36.148296,
        "relative_strength": -23.503461,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.110085,
        "energy": 87.78648,
        "activity_lines": [
          21.855333,
          23.639273,
          25.867857,
          28.017677
        ]
      },
      {
        "date": "2025-05-09",
        "close": 23.16,
        "volume": 9874302,
        "typical_volume": 13277240.25,
        "trend": 30.619333,
        "fair_value": 36.053491,
        "relative_strength": -20.765661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.992738,
        "energy": 82.087036,
        "activity_lines": [
          22.174,
          23.26,
          25.443619,
          27.521613
        ]
      },
      {
        "date": "2025-05-16",
        "close": 23.280001,
        "volume": 8782348,
        "typical_volume": 13105859.3,
        "trend": 30.275333,
        "fair_value": 35.96093,
        "relative_strength": -20.534311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.076617,
        "energy": 61.051913,
        "activity_lines": [
          22.622667,
          23.023091,
          25.090476,
          27.048108
        ]
      },
      {
        "date": "2025-05-23",
        "close": 23.540001,
        "volume": 25977079,
        "typical_volume": 13761258.15,
        "trend": 29.686666,
        "fair_value": 35.871571,
        "relative_strength": -19.116911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.420336,
        "energy": 46.766749,
        "activity_lines": [
          23.040001,
          22.928,
          24.806238,
          26.61357
        ]
      },
      {
        "date": "2025-05-30",
        "close": 23.190001,
        "volume": 15564394,
        "typical_volume": 14011282.25,
        "trend": 29.176333,
        "fair_value": 35.780988,
        "relative_strength": -19.438989,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.420177,
        "energy": 39.738228,
        "activity_lines": [
          23.214001,
          22.86291,
          24.514096,
          26.19443
        ]
      },
      {
        "date": "2025-06-06",
        "close": 23.82,
        "volume": 9806288,
        "typical_volume": 13323498.6,
        "trend": 28.623,
        "fair_value": 35.696158,
        "relative_strength": -18.427686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.432522,
        "energy": 35.583449,
        "activity_lines": [
          23.480001,
          22.999637,
          24.308429,
          25.84886
        ]
      },
      {
        "date": "2025-06-13",
        "close": 23.77,
        "volume": 17828912,
        "typical_volume": 13446738.6,
        "trend": 27.994,
        "fair_value": 35.612171,
        "relative_strength": -18.086826,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.339335,
        "energy": 30.840349,
        "activity_lines": [
          23.604,
          23.175819,
          24.128524,
          25.535764
        ]
      },
      {
        "date": "2025-06-20",
        "close": 28.58,
        "volume": 45151882,
        "typical_volume": 15624352.7,
        "trend": 27.638,
        "fair_value": 35.562995,
        "relative_strength": -0.578978,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 0.246823,
        "energy": 12.921418,
        "activity_lines": [
          25.290667,
          24.24,
          24.428429,
          25.57357
        ]
      },
      {
        "date": "2025-06-27",
        "close": 28.809999,
        "volume": 78767856,
        "typical_volume": 19201564.45,
        "trend": 27.351,
        "fair_value": 35.516099,
        "relative_strength": -3.42037,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 15.717059,
        "energy": 27.794706,
        "activity_lines": [
          26.700666,
          25.217455,
          24.745857,
          25.649183
        ]
      },
      {
        "date": "2025-07-04",
        "close": 28.26,
        "volume": 45882089,
        "typical_volume": 20650102.05,
        "trend": 27.133,
        "fair_value": 35.466057,
        "relative_strength": -6.398637,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.794252,
        "energy": 38.227911,
        "activity_lines": [
          27.576,
          25.964546,
          25.012191,
          25.707828
        ]
      },
      {
        "date": "2025-07-11",
        "close": 29.969999,
        "volume": 34419826,
        "typical_volume": 21432230.55,
        "trend": 26.955667,
        "fair_value": 35.428413,
        "relative_strength": -2.443878,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.768099,
        "energy": 60.050834,
        "activity_lines": [
          28.683333,
          26.898182,
          25.444571,
          25.89086
        ]
      },
      {
        "date": "2025-07-18",
        "close": 29.790001,
        "volume": 40446137,
        "typical_volume": 22226484.85,
        "trend": 26.759,
        "fair_value": 35.390057,
        "relative_strength": -4.948842,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.73174,
        "energy": 64.440956,
        "activity_lines": [
          29.320667,
          27.653091,
          25.858667,
          26.073721
        ]
      },
      {
        "date": "2025-07-25",
        "close": 30.870001,
        "volume": 33437571,
        "typical_volume": 22714971.8,
        "trend": 26.703,
        "fair_value": 35.359516,
        "relative_strength": -3.718936,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 48.050587,
        "energy": 66.575785,
        "activity_lines": [
          29.916667,
          28.483818,
          26.375619,
          26.338946
        ]
      },
      {
        "date": "2025-08-01",
        "close": 29.620001,
        "volume": 25735966,
        "typical_volume": 23328674.95,
        "trend": 26.727667,
        "fair_value": 35.320995,
        "relative_strength": -5.942888,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.681977,
        "energy": 51.518779,
        "activity_lines": [
          29.943334,
          28.949273,
          26.762143,
          26.52714
        ]
      },
      {
        "date": "2025-08-08",
        "close": 28.870001,
        "volume": 15352538,
        "typical_volume": 23592021.8,
        "trend": 26.731667,
        "fair_value": 35.277989,
        "relative_strength": -9.291642,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.120357,
        "energy": 36.026953,
        "activity_lines": [
          29.666001,
          29.167819,
          27.07281,
          26.665355
        ]
      },
      {
        "date": "2025-08-15",
        "close": 28.58,
        "volume": 25138659,
        "typical_volume": 24417885.6,
        "trend": 26.676667,
        "fair_value": 35.233631,
        "relative_strength": -13.770746,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 55.343313,
        "energy": 36.811025,
        "activity_lines": [
          29.251334,
          29.230364,
          27.351667,
          26.784602
        ]
      },
      {
        "date": "2025-08-22",
        "close": 28.42,
        "volume": 15025815,
        "typical_volume": 24709461.0,
        "trend": 26.679667,
        "fair_value": 35.188805,
        "relative_strength": -17.706292,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 41.403694,
        "energy": 26.137467,
        "activity_lines": [
          28.876,
          29.177273,
          27.605334,
          26.897076
        ]
      },
      {
        "date": "2025-08-29",
        "close": 27.41,
        "volume": 28320686,
        "typical_volume": 25210721.1,
        "trend": 26.671334,
        "fair_value": 35.137963,
        "relative_strength": -23.464843,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.519677,
        "energy": 18.586464,
        "activity_lines": [
          28.255334,
          28.856,
          27.744191,
          26.944194
        ]
      },
      {
        "date": "2025-09-05",
        "close": 30.08,
        "volume": 31869262,
        "typical_volume": 26302249.85,
        "trend": 26.704667,
        "fair_value": 35.105119,
        "relative_strength": -14.907437,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.326783,
        "energy": 21.589451,
        "activity_lines": [
          28.755333,
          29.041455,
          28.109238,
          27.164108
        ]
      },
      {
        "date": "2025-09-12",
        "close": 29.370001,
        "volume": 39566083,
        "typical_volume": 27718356.3,
        "trend": 26.719334,
        "fair_value": 35.068118,
        "relative_strength": -18.591853,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.370484,
        "energy": 21.241931,
        "activity_lines": [
          28.988,
          29.074728,
          28.366477,
          27.336065
        ]
      },
      {
        "date": "2025-09-19",
        "close": 27.360001,
        "volume": 23921386,
        "typical_volume": 28543453.95,
        "trend": 26.640334,
        "fair_value": 35.018707,
        "relative_strength": -24.501367,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.986396,
        "energy": 16.596063,
        "activity_lines": [
          28.517334,
          28.722364,
          28.394429,
          27.377398
        ]
      },
      {
        "date": "2025-09-26",
        "close": 26.76,
        "volume": 17616197,
        "typical_volume": 28930548.7,
        "trend": 26.539334,
        "fair_value": 34.818335,
        "relative_strength": -26.381136,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.563324,
        "energy": 8.475446,
        "activity_lines": [
          27.928,
          28.308364,
          28.339429,
          27.385119
        ]
      },
      {
        "date": "2025-10-03",
        "close": 30.74,
        "volume": 25693197,
        "typical_volume": 29776091.15,
        "trend": 26.614667,
        "fair_value": 34.646468,
        "relative_strength": -16.867388,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.82424,
        "energy": 24.46631,
        "activity_lines": [
          28.776,
          28.673091,
          28.646334,
          27.656129
        ]
      },
      {
        "date": "2025-10-10",
        "close": 30.629999,
        "volume": 19551632,
        "typical_volume": 29454818.8,
        "trend": 26.679334,
        "fair_value": 34.466129,
        "relative_strength": -15.692463,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.4162,
        "energy": 26.730532,
        "activity_lines": [
          29.365333,
          29.020182,
          28.907238,
          27.915183
        ]
      },
      {
        "date": "2025-10-17",
        "close": 28.16,
        "volume": 27567860,
        "typical_volume": 30054992.1,
        "trend": 26.685,
        "fair_value": 34.243601,
        "relative_strength": -17.824619,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.855024,
        "energy": 22.967153,
        "activity_lines": [
          29.094666,
          28.899818,
          28.899143,
          28.01071
        ]
      },
      {
        "date": "2025-10-24",
        "close": 31.469999,
        "volume": 53391431,
        "typical_volume": 32234249.25,
        "trend": 26.851,
        "fair_value": 34.126643,
        "relative_strength": -11.359438,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 58.944934,
        "energy": 45.206783,
        "activity_lines": [
          30.007999,
          29.394182,
          29.182619,
          28.319419
        ]
      },
      {
        "date": "2025-10-31",
        "close": 33.150002,
        "volume": 53653006,
        "typical_volume": 34025453.95,
        "trend": 27.139,
        "fair_value": 33.998044,
        "relative_strength": -6.437682,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.502425,
        "energy": 57.467489,
        "activity_lines": [
          31.207334,
          30.141455,
          29.589667,
          28.725807
        ]
      },
      {
        "date": "2025-11-07",
        "close": 34.580002,
        "volume": 50122177,
        "typical_volume": 34273968.7,
        "trend": 27.574667,
        "fair_value": 33.864925,
        "relative_strength": -1.847593,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.452977,
        "energy": 65.10927,
        "activity_lines": [
          32.457334,
          31.062728,
          30.088239,
          29.205871
        ]
      },
      {
        "date": "2025-11-14",
        "close": 39.48,
        "volume": 74939662,
        "typical_volume": 34082559.0,
        "trend": 28.169334,
        "fair_value": 33.799249,
        "relative_strength": 14.475457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.29447,
        "energy": 82.122356,
        "activity_lines": [
          35.084667,
          32.744546,
          31.024905,
          29.973957
        ]
      },
      {
        "date": "2025-11-21",
        "close": 32.490002,
        "volume": 82045519,
        "typical_volume": 35890730.5,
        "trend": 28.538334,
        "fair_value": 33.651778,
        "relative_strength": 0.164797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.624623,
        "energy": 62.238153,
        "activity_lines": [
          34.792001,
          32.984546,
          31.245048,
          30.25271
        ]
      },
      {
        "date": "2025-11-28",
        "close": 35.099998,
        "volume": 43063189,
        "typical_volume": 36322898.65,
        "trend": 28.977,
        "fair_value": 33.525176,
        "relative_strength": 5.137341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.947668,
        "energy": 55.654936,
        "activity_lines": [
          35.080667,
          33.642364,
          31.693619,
          30.676043
        ]
      },
      {
        "date": "2025-12-05",
        "close": 31.629999,
        "volume": 29688465,
        "typical_volume": 35785015.05,
        "trend": 29.259334,
        "fair_value": 33.388616,
        "relative_strength": -5.858785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.181257,
        "energy": 36.726951,
        "activity_lines": [
          33.970666,
          33.528546,
          31.787286,
          30.847205
        ]
      },
      {
        "date": "2025-12-12",
        "close": 30.35,
        "volume": 24119258,
        "typical_volume": 35319099.4,
        "trend": 29.495,
        "fair_value": 33.244298,
        "relative_strength": -9.739741,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.781593,
        "energy": 16.184586,
        "activity_lines": [
          32.535333,
          33.093455,
          31.750286,
          30.91757
        ]
      },
      {
        "date": "2025-12-19",
        "close": 30.16,
        "volume": 20144162,
        "typical_volume": 35039509.2,
        "trend": 29.715667,
        "fair_value": 33.09093,
        "relative_strength": -8.767291,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 23.1151,
        "energy": 15.880504,
        "activity_lines": [
          31.318666,
          32.630909,
          31.697667,
          30.960473
        ]
      },
      {
        "date": "2025-12-26",
        "close": 32.290001,
        "volume": 29768402,
        "typical_volume": 35760302.4,
        "trend": 30.019,
        "fair_value": 32.95892,
        "relative_strength": -5.160461,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.462579,
        "energy": 18.174071,
        "activity_lines": [
          31.433333,
          32.564182,
          31.845334,
          31.126559
        ]
      },
      {
        "date": "2026-01-02",
        "close": 30.559999,
        "volume": 13178141,
        "typical_volume": 35162276.5,
        "trend": 30.243667,
        "fair_value": 32.832181,
        "relative_strength": -9.259125,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 18.832504,
        "energy": 15.893311,
        "activity_lines": [
          30.984667,
          32.107818,
          31.811952,
          31.161463
        ]
      },
      {
        "date": "2026-01-09",
        "close": 30.98,
        "volume": 23064284,
        "typical_volume": 35564199.95,
        "trend": 30.484,
        "fair_value": 32.718702,
        "relative_strength": -11.382063,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.176937,
        "energy": 10.21257,
        "activity_lines": [
          30.978667,
          31.744364,
          31.809143,
          31.208968
        ]
      },
      {
        "date": "2026-01-16",
        "close": 31.950001,
        "volume": 43769375,
        "typical_volume": 36336634.4,
        "trend": 30.596334,
        "fair_value": 32.616662,
        "relative_strength": -9.116443,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.733211,
        "energy": 7.257729,
        "activity_lines": [
          31.339334,
          31.596727,
          31.886524,
          31.303549
        ]
      },
      {
        "date": "2026-01-23",
        "close": 33.400002,
        "volume": 28689292,
        "typical_volume": 36177635.9,
        "trend": 30.749334,
        "fair_value": 32.515895,
        "relative_strength": -5.711612,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.742011,
        "energy": 14.621872,
        "activity_lines": [
          32.076668,
          31.760546,
          32.080381,
          31.48443
        ]
      },
      {
        "date": "2026-01-30",
        "close": 30.1,
        "volume": 27486674,
        "typical_volume": 35573665.45,
        "trend": 30.810667,
        "fair_value": 32.386525,
        "relative_strength": -13.217896,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.420054,
        "energy": 8.027755,
        "activity_lines": [
          31.498001,
          31.434909,
          31.944143,
          31.442538
        ]
      },
      {
        "date": "2026-02-06",
        "close": 29.639999,
        "volume": 14883198,
        "typical_volume": 35121756.05,
        "trend": 30.799667,
        "fair_value": 32.248987,
        "relative_strength": -12.278637,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.690533,
        "energy": 6.028043,
        "activity_lines": [
          30.912,
          31.069091,
          31.760619,
          31.367011
        ]
      },
      {
        "date": "2026-02-13",
        "close": 29.49,
        "volume": 11314792,
        "typical_volume": 34806685.8,
        "trend": 30.789667,
        "fair_value": 32.111187,
        "relative_strength": -13.509418,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.218177,
        "energy": 21.999728,
        "activity_lines": [
          30.337333,
          30.775273,
          31.551953,
          31.282516
        ]
      },
      {
        "date": "2026-02-27",
        "close": 30.200001,
        "volume": 16621578,
        "typical_volume": 34353104.85,
        "trend": 30.767334,
        "fair_value": 31.96839,
        "relative_strength": -13.412232,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.17935,
        "energy": 30.925818,
        "activity_lines": [
          30.098667,
          30.649455,
          31.397905,
          31.244473
        ]
      },
      {
        "date": "2026-03-06",
        "close": 28.639999,
        "volume": 14895469,
        "typical_volume": 34120296.7,
        "trend": 30.734667,
        "fair_value": 31.834436,
        "relative_strength": -15.485358,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -34.359934,
        "energy": 46.121199,
        "activity_lines": [
          29.456666,
          30.242727,
          31.097857,
          31.107226
        ]
      },
      {
        "date": "2026-03-13",
        "close": 29.5,
        "volume": 15378194,
        "typical_volume": 33510813.4,
        "trend": 30.755667,
        "fair_value": 31.704276,
        "relative_strength": -13.215461,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.069643,
        "energy": 42.490139,
        "activity_lines": [
          29.418667,
          30.02,
          30.889191,
          31.02757
        ]
      },
      {
        "date": "2026-03-20",
        "close": 27.27,
        "volume": 15826860,
        "typical_volume": 31632584.85,
        "trend": 30.712,
        "fair_value": 31.562941,
        "relative_strength": -16.943245,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -43.932285,
        "energy": 53.016037,
        "activity_lines": [
          28.677333,
          29.442545,
          30.461762,
          30.802688
        ]
      },
      {
        "date": "2026-03-27",
        "close": 29.809999,
        "volume": 23073371,
        "typical_volume": 30103603.1,
        "trend": 30.758333,
        "fair_value": 31.444381,
        "relative_strength": -8.171314,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -53.51817,
        "energy": 44.781318,
        "activity_lines": [
          28.940666,
          29.386727,
          30.296238,
          30.744495
        ]
      },
      {
        "date": "2026-04-03",
        "close": 27.120001,
        "volume": 19394700,
        "typical_volume": 28567229.25,
        "trend": 30.748667,
        "fair_value": 31.320546,
        "relative_strength": -13.579934,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.401692,
        "energy": 50.389706,
        "activity_lines": [
          28.286,
          28.863091,
          29.890429,
          30.509764
        ]
      },
      {
        "date": "2026-04-10",
        "close": 28.700001,
        "volume": 19196304,
        "typical_volume": 25780061.35,
        "trend": 30.702667,
        "fair_value": 31.204675,
        "relative_strength": -14.407439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.025562,
        "energy": 39.757356,
        "activity_lines": [
          28.363334,
          28.714546,
          29.670619,
          30.377592
        ]
      },
      {
        "date": "2026-04-17",
        "close": 30.129999,
        "volume": 29872206,
        "typical_volume": 23171395.7,
        "trend": 30.728,
        "fair_value": 31.103445,
        "relative_strength": -13.503742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.353823,
        "energy": 22.406947,
        "activity_lines": [
          28.913333,
          28.911455,
          29.638333,
          30.340645
        ]
      },
      {
        "date": "2026-04-24",
        "close": 30.74,
        "volume": 27466846,
        "typical_volume": 22391578.55,
        "trend": 30.840667,
        "fair_value": 31.012301,
        "relative_strength": -11.964748,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.277983,
        "energy": 15.273602,
        "activity_lines": [
          29.624667,
          29.218727,
          29.675381,
          30.341419
        ]
      },
      {
        "date": "2026-05-01",
        "close": 33.939999,
        "volume": 37916740,
        "typical_volume": 22802992.3,
        "trend": 31.08,
        "fair_value": 30.932757,
        "relative_strength": -3.94492,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.957677,
        "energy": 23.766234,
        "activity_lines": [
          31.171333,
          30.087818,
          30.037952,
          30.541376
        ]
      },
      {
        "date": "2026-05-08",
        "close": 34.209999,
        "volume": 33401226,
        "typical_volume": 23267090.7,
        "trend": 31.195667,
        "fair_value": 30.876397,
        "relative_strength": -6.00499,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.212296,
        "energy": 34.779149,
        "activity_lines": [
          32.532666,
          30.925091,
          30.415238,
          30.743312
        ]
      },
      {
        "date": "2026-05-15",
        "close": 32.259998,
        "volume": 27730392,
        "typical_volume": 23646402.2,
        "trend": 31.25,
        "fair_value": 30.85,
        "relative_strength": -11.192727,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.475354,
        "energy": 38.921775,
        "activity_lines": [
          32.771332,
          31.334908,
          30.588428,
          30.811978
        ]
      },
      {
        "date": "2026-05-22",
        "close": 31.09,
        "volume": 21546621,
        "typical_volume": 23235313.15,
        "trend": 31.347667,
        "fair_value": 30.823106,
        "relative_strength": -14.403667,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.256277,
        "energy": 31.506822,
        "activity_lines": [
          32.382666,
          31.466181,
          30.64019,
          30.801656
        ]
      },
      {
        "date": "2026-05-29",
        "close": 27.309999,
        "volume": 21742333,
        "typical_volume": 23663522.75,
        "trend": 31.209,
        "fair_value": 30.740723,
        "relative_strength": -24.34768,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -41.114693,
        "energy": 17.294945,
        "activity_lines": [
          30.669999,
          30.881272,
          30.337666,
          30.541161
        ]
      },
      {
        "date": "2026-06-05",
        "close": 25.299999,
        "volume": 4311390,
        "typical_volume": 22725878.05,
        "trend": 30.947333,
        "fair_value": 30.627885,
        "relative_strength": -28.332811,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -57.554089,
        "energy": 37.672473,
        "activity_lines": [
          28.515999,
          29.930181,
          29.85919,
          30.159935
        ]
      },
      {
        "date": "2026-06-12",
        "close": 25.25,
        "volume": 6137900,
        "typical_volume": 20844304.3,
        "trend": 30.636333,
        "fair_value": 30.499359,
        "relative_strength": -26.395155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.83382,
        "energy": 57.095894,
        "activity_lines": [
          26.921333,
          29.051999,
          29.403,
          29.792365
        ]
      },
      {
        "date": "2026-06-19",
        "close": 26.18,
        "volume": 19862858,
        "typical_volume": 20402982.6,
        "trend": 30.193,
        "fair_value": 30.370128,
        "relative_strength": -28.335168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.189857,
        "energy": 67.075899,
        "activity_lines": [
          26.234,
          28.376908,
          29.067285,
          29.50486
        ]
      },
      {
        "date": "2026-06-26",
        "close": 23.16,
        "volume": 4822143,
        "typical_volume": 19269756.05,
        "trend": 29.882,
        "fair_value": 30.223718,
        "relative_strength": -34.840095,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.007069,
        "energy": 80.744055,
        "activity_lines": [
          24.945333,
          27.198545,
          28.478333,
          29.051118
        ]
      },
      {
        "date": "2026-07-03",
        "close": 23.959999,
        "volume": 3801200,
        "typical_volume": 18715656.15,
        "trend": 29.510666,
        "fair_value": 30.087179,
        "relative_strength": -31.061213,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.297833,
        "energy": 77.719684,
        "activity_lines": [
          24.452,
          26.292363,
          27.998619,
          28.669053
        ]
      },
      {
        "date": "2026-07-10",
        "close": 21.700001,
        "volume": 19284550,
        "typical_volume": 19114144.05,
        "trend": 29.179667,
        "fair_value": 29.945641,
        "relative_strength": -34.573947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.907194,
        "energy": 80.930216,
        "activity_lines": [
          23.428667,
          25.098545,
          27.330714,
          28.16514
        ]
      },
      {
        "date": "2026-07-17",
        "close": 19.5,
        "volume": 17080760,
        "typical_volume": 19137103.15,
        "trend": 28.818,
        "fair_value": 29.784359,
        "relative_strength": -34.67414,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.472882,
        "energy": 88.159925,
        "activity_lines": [
          21.912,
          23.727273,
          26.490381,
          27.540645
        ]
      },
      {
        "date": "2026-07-24",
        "close": 19.110001,
        "volume": 24266331,
        "typical_volume": 19605646.25,
        "trend": 28.449667,
        "fair_value": 29.63859,
        "relative_strength": -35.531643,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.62296,
        "energy": 88.732013,
        "activity_lines": [
          20.648667,
          22.552546,
          25.663857,
          26.914322
        ]
      },
      {
        "date": "2026-07-31",
        "close": 20.620001,
        "volume": 22447419,
        "typical_volume": 19959107.5,
        "trend": 28.060667,
        "fair_value": 29.517244,
        "relative_strength": -28.640498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.343656,
        "energy": 85.215886,
        "activity_lines": [
          20.360001,
          21.891455,
          25.026524,
          26.409183
        ]
      },
      {
        "date": "2026-08-07",
        "close": 19.67,
        "volume": 36881478,
        "typical_volume": 21011838.4,
        "trend": 27.697667,
        "fair_value": 29.337949,
        "relative_strength": -34.630362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.481951,
        "energy": 84.543581,
        "activity_lines": [
          19.924001,
          21.248,
          24.341,
          25.867849
        ]
      }
    ],
    "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."
    }
  }
}