{
  "ticker": {
    "uuid": "60097d4c-b0ae-44e9-8ac9-0884dd97ec88",
    "symbol": "688366",
    "name": "Shanghai Haohai Biological Technology Co., Ltd.",
    "exchange": "SHH",
    "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": "000001.SS",
    "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": -43.914,
    "architecture_energy": 36.173,
    "architecture_maturity": 100.0,
    "architecture_confidence": 84.509,
    "architecture_tenure": "Extended",
    "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": 29.94,
        "rotation_up": 27.49,
        "upward_expansion": 18.07,
        "deceleration": 47.0,
        "rotation_down": 32.26,
        "downward_expansion": 63.41
      },
      "activity_lines": [
        31.451333,
        31.062999,
        32.483595,
        34.59856
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.166667
    },
    "latest_close": 32.25,
    "trend_reference": 37.817485,
    "distance_from_trend": -0.14722,
    "trend_direction": "Weakening",
    "fair_value": 56.30305,
    "distance_from_fair_value": -0.427207,
    "fair_value_direction": "Weakening",
    "relative_strength": -25.212604,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.29539,
    "excess_performance": -0.252186,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.14722,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.130586,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.427207,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.080164,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.252126,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.023369,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.29539,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.610025,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3898941,
      "relative_activity": 1.420327,
      "balance": 0.610025,
      "dry_up": 1.691366,
      "accumulation_observations": 3,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.078951,
      "annualized_volatility": 0.283514,
      "from_high_reference": -0.448823,
      "from_low_reference": 0.127228
    },
    "levels": {
      "trend_reference": 37.817485,
      "fair_value_reference": 56.30305,
      "structural_low": 28.610001,
      "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": 33,
        "median_return": -0.0165,
        "positive_rate": 0.424242,
        "directional_follow_through": 0.575758,
        "median_excess_return": -0.030962,
        "regime_survival": 0.818182,
        "best_return": 0.260288,
        "worst_return": -0.159939,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.116157,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.075616,
        "regime_survival": 0.636364,
        "best_return": 0.2508,
        "worst_return": -0.255868,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.070338,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.122301,
        "regime_survival": 0.333333,
        "best_return": 0.197024,
        "worst_return": -0.341703,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.256821,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.299293,
        "regime_survival": 0.75,
        "best_return": 0.020628,
        "worst_return": -0.434691,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-02-23",
        "end": "2024-04-19",
        "tenure": "Developing",
        "return": -0.128675,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-26",
        "end": "2024-09-27",
        "tenure": "Established",
        "return": -0.012264,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-04",
        "end": "2024-11-01",
        "tenure": "Developing",
        "return": -0.117741,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-08",
        "end": "2024-11-29",
        "tenure": "New",
        "return": -0.077713,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-06",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": -0.086719,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.029095,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.002523,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.062906,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-08-01",
        "tenure": "Established",
        "return": 0.027782,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.019963,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": -0.080028,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-26",
        "end": "2025-10-17",
        "tenure": "New",
        "return": -0.015578,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-24",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": -0.030748,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-12",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.295852,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 62.819458,
        "volume": 10610095,
        "typical_volume": 5751378.35,
        "trend": 66.275608,
        "fair_value": 78.549507,
        "relative_strength": 0.701765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.663095,
        "energy": 21.977986,
        "activity_lines": [
          60.562716,
          59.599501,
          61.790799,
          63.851565
        ]
      },
      {
        "date": "2023-08-04",
        "close": 62.461246,
        "volume": 5604227,
        "typical_volume": 5734639.25,
        "trend": 66.128035,
        "fair_value": 78.447228,
        "relative_strength": -0.203849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.999399,
        "energy": 22.402813,
        "activity_lines": [
          61.41629,
          60.131908,
          61.638206,
          63.605477
        ]
      },
      {
        "date": "2023-08-11",
        "close": 60.621918,
        "volume": 6180518,
        "typical_volume": 5783165.5,
        "trend": 65.881662,
        "fair_value": 78.255079,
        "relative_strength": -0.155408,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.094977,
        "energy": 19.811542,
        "activity_lines": [
          61.342952,
          60.34979,
          61.337496,
          63.250243
        ]
      },
      {
        "date": "2023-08-18",
        "close": 67.579659,
        "volume": 7853549,
        "typical_volume": 5913075.8,
        "trend": 65.695776,
        "fair_value": 78.104789,
        "relative_strength": 12.959421,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.87764,
        "energy": 15.491056,
        "activity_lines": [
          63.501459,
          61.815362,
          61.712812,
          63.359792
        ]
      },
      {
        "date": "2023-08-25",
        "close": 67.772552,
        "volume": 10452400,
        "typical_volume": 6179749.7,
        "trend": 65.480431,
        "fair_value": 77.78148,
        "relative_strength": 15.298235,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 7.833865,
        "energy": 20.734511,
        "activity_lines": [
          65.252607,
          63.139481,
          62.115942,
          63.493777
        ]
      },
      {
        "date": "2023-09-01",
        "close": 76.810738,
        "volume": 10162130,
        "typical_volume": 6343883.35,
        "trend": 65.704882,
        "fair_value": 77.564827,
        "relative_strength": 26.813405,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 47.813969,
        "energy": 56.540967,
        "activity_lines": [
          69.439197,
          65.931987,
          63.404672,
          64.224765
        ]
      },
      {
        "date": "2023-09-08",
        "close": 78.946274,
        "volume": 7285625,
        "typical_volume": 6478296.25,
        "trend": 65.998003,
        "fair_value": 77.466347,
        "relative_strength": 29.817123,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 49.790838,
        "energy": 73.725982,
        "activity_lines": [
          73.404881,
          68.744968,
          64.875138,
          65.079048
        ]
      },
      {
        "date": "2023-09-15",
        "close": 77.472054,
        "volume": 7208178,
        "typical_volume": 6412422.4,
        "trend": 66.116261,
        "fair_value": 77.37573,
        "relative_strength": 26.238887,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.065968,
        "energy": 75.172441,
        "activity_lines": [
          75.780156,
          70.9046,
          66.168456,
          65.819309
        ]
      },
      {
        "date": "2023-09-22",
        "close": 76.362953,
        "volume": 4922091,
        "typical_volume": 6371563.25,
        "trend": 66.284412,
        "fair_value": 77.361433,
        "relative_strength": 22.784484,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 66.788597,
        "energy": 81.631705,
        "activity_lines": [
          76.662389,
          72.532374,
          67.348623,
          66.480386
        ]
      },
      {
        "date": "2023-09-29",
        "close": 77.968048,
        "volume": 4405480,
        "typical_volume": 6282150.2,
        "trend": 66.590871,
        "fair_value": 77.411538,
        "relative_strength": 25.109499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.584301,
        "energy": 80.497051,
        "activity_lines": [
          77.4941,
          74.163653,
          68.633078,
          67.234169
        ]
      },
      {
        "date": "2023-10-13",
        "close": 74.186066,
        "volume": 4982625,
        "typical_volume": 6319533.65,
        "trend": 66.715032,
        "fair_value": 77.401644,
        "relative_strength": 18.821986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.887954,
        "energy": 53.7556,
        "activity_lines": [
          76.385451,
          74.764485,
          69.484925,
          67.724182
        ]
      },
      {
        "date": "2023-10-20",
        "close": 69.315651,
        "volume": 4178426,
        "typical_volume": 6361286.2,
        "trend": 66.754107,
        "fair_value": 77.31094,
        "relative_strength": 14.065257,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.963467,
        "energy": 35.443006,
        "activity_lines": [
          73.828308,
          74.273122,
          69.822075,
          67.891964
        ]
      },
      {
        "date": "2023-10-27",
        "close": 70.176758,
        "volume": 7119116,
        "typical_volume": 6490921.4,
        "trend": 66.978924,
        "fair_value": 77.25925,
        "relative_strength": 13.35439,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.256969,
        "energy": 24.533227,
        "activity_lines": [
          72.200243,
          73.813698,
          70.213806,
          68.11278
        ]
      },
      {
        "date": "2023-11-03",
        "close": 69.157219,
        "volume": 5951320,
        "typical_volume": 6468466.7,
        "trend": 66.965401,
        "fair_value": 77.205854,
        "relative_strength": 10.541618,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.375308,
        "energy": 25.428581,
        "activity_lines": [
          70.718684,
          72.995178,
          70.458395,
          68.253315
        ]
      },
      {
        "date": "2023-11-10",
        "close": 70.286987,
        "volume": 4839943,
        "typical_volume": 6494810.9,
        "trend": 66.875474,
        "fair_value": 77.147519,
        "relative_strength": 11.464213,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.144251,
        "energy": 24.832722,
        "activity_lines": [
          70.094097,
          72.353388,
          70.756835,
          68.467611
        ]
      },
      {
        "date": "2023-11-17",
        "close": 69.646317,
        "volume": 3387297,
        "typical_volume": 6584100.75,
        "trend": 66.788192,
        "fair_value": 77.134928,
        "relative_strength": 9.499763,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.640547,
        "energy": 20.67677,
        "activity_lines": [
          69.768024,
          71.549396,
          70.936473,
          68.646375
        ]
      },
      {
        "date": "2023-11-24",
        "close": 70.989647,
        "volume": 3384647,
        "typical_volume": 6449050.65,
        "trend": 66.780204,
        "fair_value": 77.093625,
        "relative_strength": 11.524126,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.071782,
        "energy": 14.920129,
        "activity_lines": [
          70.192377,
          71.119908,
          71.181834,
          68.917437
        ]
      },
      {
        "date": "2023-12-01",
        "close": 75.804955,
        "volume": 5556968,
        "typical_volume": 6355222.35,
        "trend": 66.777288,
        "fair_value": 77.075839,
        "relative_strength": 18.748545,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.973847,
        "energy": 26.644034,
        "activity_lines": [
          72.110234,
          71.710596,
          71.82277,
          69.499679
        ]
      },
      {
        "date": "2023-12-08",
        "close": 74.08963,
        "volume": 6368575,
        "typical_volume": 6334230.3,
        "trend": 67.041557,
        "fair_value": 77.03927,
        "relative_strength": 17.6218,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 45.160478,
        "energy": 31.928439,
        "activity_lines": [
          73.081102,
          72.019718,
          72.221799,
          69.971443
        ]
      },
      {
        "date": "2023-12-15",
        "close": 70.9552,
        "volume": 3993348,
        "typical_volume": 6222327.9,
        "trend": 67.314723,
        "fair_value": 76.980826,
        "relative_strength": 12.938325,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 38.408761,
        "energy": 29.388267,
        "activity_lines": [
          72.678333,
          71.800276,
          72.257621,
          70.223936
        ]
      },
      {
        "date": "2023-12-22",
        "close": 68.440773,
        "volume": 2524712,
        "typical_volume": 5818058.75,
        "trend": 67.479159,
        "fair_value": 76.968075,
        "relative_strength": 9.445215,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.840027,
        "energy": 17.371592,
        "activity_lines": [
          71.392874,
          71.251173,
          71.997584,
          70.296584
        ]
      },
      {
        "date": "2023-12-29",
        "close": 74.599403,
        "volume": 3126512,
        "typical_volume": 5694173.0,
        "trend": 67.847282,
        "fair_value": 76.987017,
        "relative_strength": 16.241804,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.274912,
        "energy": 22.330312,
        "activity_lines": [
          72.240661,
          71.92628,
          72.297314,
          70.755955
        ]
      },
      {
        "date": "2024-01-05",
        "close": 69.267426,
        "volume": 2300906,
        "typical_volume": 5500192.4,
        "trend": 68.167281,
        "fair_value": 77.0352,
        "relative_strength": 9.157738,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.432234,
        "energy": 8.438846,
        "activity_lines": [
          71.070473,
          71.535868,
          72.031437,
          70.847577
        ]
      },
      {
        "date": "2024-01-12",
        "close": 70.996536,
        "volume": 2580351,
        "typical_volume": 5236532.5,
        "trend": 68.604805,
        "fair_value": 77.056189,
        "relative_strength": 13.414811,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.695774,
        "energy": 10.000541,
        "activity_lines": [
          70.912489,
          71.476374,
          71.889067,
          71.030109
        ]
      },
      {
        "date": "2024-01-19",
        "close": 67.200783,
        "volume": 2111597,
        "typical_volume": 4819492.35,
        "trend": 68.906433,
        "fair_value": 77.078945,
        "relative_strength": 9.02375,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.330186,
        "energy": 7.624043,
        "activity_lines": [
          69.695461,
          70.6933,
          71.368927,
          70.939527
        ]
      },
      {
        "date": "2024-01-26",
        "close": 63.942348,
        "volume": 3119612,
        "typical_volume": 4467366.45,
        "trend": 69.151792,
        "fair_value": 77.09669,
        "relative_strength": 1.041458,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -43.613544,
        "energy": 45.436337,
        "activity_lines": [
          67.642582,
          69.373897,
          70.541182,
          70.619264
        ]
      },
      {
        "date": "2024-02-02",
        "close": 61.386585,
        "volume": 3003160,
        "typical_volume": 4253243.2,
        "trend": 69.272871,
        "fair_value": 77.106448,
        "relative_strength": 3.423906,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.706709,
        "energy": 61.690331,
        "activity_lines": [
          65.037678,
          67.693518,
          69.531309,
          70.118283
        ]
      },
      {
        "date": "2024-02-09",
        "close": 74.399628,
        "volume": 4638374,
        "typical_volume": 4124753.0,
        "trend": 69.775829,
        "fair_value": 77.209192,
        "relative_strength": 18.938752,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -9.241962,
        "energy": 27.433031,
        "activity_lines": [
          67.651308,
          68.553748,
          69.844391,
          70.449041
        ]
      },
      {
        "date": "2024-02-23",
        "close": 72.167641,
        "volume": 3108650,
        "typical_volume": 4034080.95,
        "trend": 70.164591,
        "fair_value": 77.245952,
        "relative_strength": 9.792583,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.93694,
        "energy": 7.287508,
        "activity_lines": [
          69.178797,
          69.033713,
          69.959533,
          70.603352
        ]
      },
      {
        "date": "2024-03-01",
        "close": 71.768089,
        "volume": 3238927,
        "typical_volume": 3975753.3,
        "trend": 70.586418,
        "fair_value": 77.243699,
        "relative_strength": 8.311906,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.443668,
        "energy": 6.394483,
        "activity_lines": [
          70.495027,
          69.475978,
          70.0566,
          70.706803
        ]
      },
      {
        "date": "2024-03-08",
        "close": 71.795631,
        "volume": 4578757,
        "typical_volume": 3955559.9,
        "trend": 70.885624,
        "fair_value": 77.198081,
        "relative_strength": 7.513151,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.738299,
        "energy": 13.647624,
        "activity_lines": [
          71.515952,
          69.908471,
          70.185815,
          70.784817
        ]
      },
      {
        "date": "2024-03-15",
        "close": 76.597176,
        "volume": 4778094,
        "typical_volume": 3985543.3,
        "trend": 71.356822,
        "fair_value": 77.105335,
        "relative_strength": 13.9388,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.911508,
        "energy": 23.4656,
        "activity_lines": [
          73.613839,
          71.152974,
          70.783702,
          71.153304
        ]
      },
      {
        "date": "2024-03-22",
        "close": 73.407631,
        "volume": 3295261,
        "typical_volume": 3794350.55,
        "trend": 71.783012,
        "fair_value": 77.045951,
        "relative_strength": 9.214262,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.437935,
        "energy": 24.399818,
        "activity_lines": [
          73.634505,
          71.781237,
          71.043149,
          71.285614
        ]
      },
      {
        "date": "2024-03-29",
        "close": 67.855217,
        "volume": 3867023,
        "typical_volume": 3690135.7,
        "trend": 71.792197,
        "fair_value": 76.991473,
        "relative_strength": 1.062598,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.75906,
        "energy": 6.629158,
        "activity_lines": [
          71.870499,
          71.324694,
          70.75841,
          71.032208
        ]
      },
      {
        "date": "2024-04-05",
        "close": 67.64856,
        "volume": 2105182,
        "typical_volume": 3553397.65,
        "trend": 71.788064,
        "fair_value": 76.950328,
        "relative_strength": -0.395567,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.264401,
        "energy": 13.15315,
        "activity_lines": [
          70.325103,
          70.887691,
          70.460189,
          70.764877
        ]
      },
      {
        "date": "2024-04-12",
        "close": 65.223671,
        "volume": 2514223,
        "typical_volume": 3509743.95,
        "trend": 71.401829,
        "fair_value": 76.940705,
        "relative_strength": -2.410741,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.683837,
        "energy": 28.551581,
        "activity_lines": [
          68.246046,
          70.001659,
          69.94359,
          70.341368
        ]
      },
      {
        "date": "2024-04-19",
        "close": 62.881462,
        "volume": 3748031,
        "typical_volume": 3527913.15,
        "trend": 70.866335,
        "fair_value": 76.898799,
        "relative_strength": -7.20622,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.02458,
        "energy": 52.271384,
        "activity_lines": [
          65.824383,
          68.666473,
          69.224984,
          69.791667
        ]
      },
      {
        "date": "2024-04-26",
        "close": 66.153671,
        "volume": 3347125,
        "typical_volume": 3417421.0,
        "trend": 70.489055,
        "fair_value": 76.865298,
        "relative_strength": -3.096889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.948698,
        "energy": 55.150163,
        "activity_lines": [
          65.407837,
          67.899055,
          68.856627,
          69.487624
        ]
      },
      {
        "date": "2024-05-03",
        "close": 66.132996,
        "volume": 2145426,
        "typical_volume": 3206263.55,
        "trend": 70.148057,
        "fair_value": 76.786817,
        "relative_strength": -3.609108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.762989,
        "energy": 54.719606,
        "activity_lines": [
          65.467997,
          67.277804,
          68.532259,
          69.206588
        ]
      },
      {
        "date": "2024-05-10",
        "close": 64.514122,
        "volume": 5488856,
        "typical_volume": 3281038.95,
        "trend": 69.699593,
        "fair_value": 76.678732,
        "relative_strength": -7.25826,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.028305,
        "energy": 49.395979,
        "activity_lines": [
          65.103347,
          66.471934,
          68.091602,
          68.843108
        ]
      },
      {
        "date": "2024-05-17",
        "close": 63.157024,
        "volume": 3007047,
        "typical_volume": 3305155.7,
        "trend": 69.331958,
        "fair_value": 76.584654,
        "relative_strength": -9.208609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.997009,
        "energy": 52.151945,
        "activity_lines": [
          64.495293,
          65.551208,
          67.55237,
          68.421007
        ]
      },
      {
        "date": "2024-05-24",
        "close": 60.036366,
        "volume": 4885843,
        "typical_volume": 3393122.25,
        "trend": 69.022648,
        "fair_value": 76.409238,
        "relative_strength": -11.894018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.499137,
        "energy": 61.115147,
        "activity_lines": [
          62.984797,
          64.220156,
          66.741092,
          67.821291
        ]
      },
      {
        "date": "2024-05-31",
        "close": 65.299454,
        "volume": 3770366,
        "typical_volume": 3466595.25,
        "trend": 68.860072,
        "fair_value": 76.236285,
        "relative_strength": -4.257639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.528082,
        "energy": 47.463886,
        "activity_lines": [
          63.418336,
          64.147135,
          66.500409,
          67.581085
        ]
      },
      {
        "date": "2024-06-07",
        "close": 61.999691,
        "volume": 3039745,
        "typical_volume": 3489564.95,
        "trend": 68.621487,
        "fair_value": 76.089593,
        "relative_strength": -8.079966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.558194,
        "energy": 52.392269,
        "activity_lines": [
          62.808903,
          63.621578,
          65.964358,
          67.13848
        ]
      },
      {
        "date": "2024-06-14",
        "close": 62.957245,
        "volume": 2380603,
        "typical_volume": 3503015.25,
        "trend": 68.377163,
        "fair_value": 75.890707,
        "relative_strength": -6.272927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.850673,
        "energy": 39.340764,
        "activity_lines": [
          62.794207,
          63.376586,
          65.562344,
          66.773045
        ]
      },
      {
        "date": "2024-06-21",
        "close": 60.953716,
        "volume": 3157618,
        "typical_volume": 3504915.55,
        "trend": 68.087409,
        "fair_value": 75.628128,
        "relative_strength": -8.404192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.136936,
        "energy": 38.421072,
        "activity_lines": [
          62.21546,
          62.852612,
          64.989726,
          66.294113
        ]
      },
      {
        "date": "2024-06-28",
        "close": 60.154007,
        "volume": 2729260,
        "typical_volume": 3491220.55,
        "trend": 67.726221,
        "fair_value": 75.214224,
        "relative_strength": -8.867553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.782796,
        "energy": 52.4992,
        "activity_lines": [
          61.517031,
          62.260873,
          64.355176,
          65.78228
        ]
      },
      {
        "date": "2024-07-05",
        "close": 56.467529,
        "volume": 2171327,
        "typical_volume": 3367868.2,
        "trend": 67.08164,
        "fair_value": 74.832888,
        "relative_strength": -14.053525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.18515,
        "energy": 66.807225,
        "activity_lines": [
          59.581933,
          61.048454,
          63.375402,
          65.055913
        ]
      },
      {
        "date": "2024-07-12",
        "close": 59.178749,
        "volume": 2477997,
        "typical_volume": 3336335.55,
        "trend": 66.584611,
        "fair_value": 74.516694,
        "relative_strength": -10.719428,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.277694,
        "energy": 59.501598,
        "activity_lines": [
          59.139371,
          60.505097,
          62.739231,
          64.546049
        ]
      },
      {
        "date": "2024-07-19",
        "close": 60.534359,
        "volume": 2952953,
        "typical_volume": 3322036.85,
        "trend": 66.23725,
        "fair_value": 74.19005,
        "relative_strength": -9.148105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.454693,
        "energy": 50.215048,
        "activity_lines": [
          59.336741,
          60.334655,
          62.294018,
          64.15571
        ]
      },
      {
        "date": "2024-07-26",
        "close": 56.916145,
        "volume": 1825663,
        "typical_volume": 3184382.15,
        "trend": 65.853095,
        "fair_value": 73.825423,
        "relative_strength": -11.953171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.06658,
        "energy": 50.777481,
        "activity_lines": [
          58.489565,
          59.578715,
          61.557707,
          63.554349
        ]
      },
      {
        "date": "2024-08-02",
        "close": 58.632603,
        "volume": 1935269,
        "typical_volume": 3042240.9,
        "trend": 65.320869,
        "fair_value": 73.171223,
        "relative_strength": -9.866544,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.576492,
        "energy": 37.692937,
        "activity_lines": [
          58.483713,
          59.248329,
          61.055722,
          63.088511
        ]
      },
      {
        "date": "2024-08-09",
        "close": 58.320515,
        "volume": 1837824,
        "typical_volume": 2969369.05,
        "trend": 64.955972,
        "fair_value": 72.409754,
        "relative_strength": -9.0886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.457595,
        "energy": 36.020862,
        "activity_lines": [
          58.475259,
          58.886723,
          60.609561,
          62.636875
        ]
      },
      {
        "date": "2024-08-16",
        "close": 58.164478,
        "volume": 1408143,
        "typical_volume": 2846425.05,
        "trend": 64.528236,
        "fair_value": 71.64298,
        "relative_strength": -9.967549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.206673,
        "energy": 36.10429,
        "activity_lines": [
          58.291261,
          58.623636,
          60.220382,
          62.198714
        ]
      },
      {
        "date": "2024-08-23",
        "close": 59.100727,
        "volume": 2001957,
        "typical_volume": 2841263.8,
        "trend": 64.258235,
        "fair_value": 71.008831,
        "relative_strength": -7.849154,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.795629,
        "energy": 31.946097,
        "activity_lines": [
          58.486963,
          58.600507,
          59.966516,
          61.848552
        ]
      },
      {
        "date": "2024-08-30",
        "close": 60.290539,
        "volume": 1890683,
        "typical_volume": 2810086.8,
        "trend": 64.136508,
        "fair_value": 70.464069,
        "relative_strength": -5.562493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.840098,
        "energy": 23.975595,
        "activity_lines": [
          59.174845,
          58.863826,
          59.86667,
          61.592572
        ]
      },
      {
        "date": "2024-09-06",
        "close": 57.988926,
        "volume": 1508277,
        "typical_volume": 2698099.1,
        "trend": 64.023252,
        "fair_value": 69.940259,
        "relative_strength": -6.566216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.938577,
        "energy": 24.969554,
        "activity_lines": [
          58.870563,
          58.720728,
          59.571113,
          61.195954
        ]
      },
      {
        "date": "2024-09-13",
        "close": 57.374519,
        "volume": 1122392,
        "typical_volume": 2586862.45,
        "trend": 63.455749,
        "fair_value": 69.477296,
        "relative_strength": -5.178356,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.324895,
        "energy": 29.58152,
        "activity_lines": [
          58.40439,
          58.505285,
          59.240339,
          60.767003
        ]
      },
      {
        "date": "2024-09-20",
        "close": 57.39402,
        "volume": 917935,
        "typical_volume": 2525487.9,
        "trend": 62.963295,
        "fair_value": 69.060409,
        "relative_strength": -5.927888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.288434,
        "energy": 31.554853,
        "activity_lines": [
          58.007784,
          58.276897,
          58.953228,
          60.375924
        ]
      },
      {
        "date": "2024-09-27",
        "close": 65.342384,
        "volume": 4349379,
        "typical_volume": 2468514.05,
        "trend": 62.749104,
        "fair_value": 68.725036,
        "relative_strength": -4.76285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 0.981655,
        "energy": 3.145048,
        "activity_lines": [
          60.311997,
          59.526115,
          59.464719,
          60.529413
        ]
      },
      {
        "date": "2024-10-04",
        "close": 72.559311,
        "volume": 2790140,
        "typical_volume": 2457668.7,
        "trend": 62.77456,
        "fair_value": 68.455892,
        "relative_strength": -1.912235,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.073733,
        "energy": 45.049694,
        "activity_lines": [
          64.605741,
          62.000083,
          60.659591,
          61.16233
        ]
      },
      {
        "date": "2024-10-11",
        "close": 67.281143,
        "volume": 8621353,
        "typical_volume": 2644444.2,
        "trend": 62.464026,
        "fair_value": 68.119388,
        "relative_strength": -5.349304,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.017136,
        "energy": 42.23826,
        "activity_lines": [
          66.322178,
          63.229964,
          61.307008,
          61.453077
        ]
      },
      {
        "date": "2024-10-18",
        "close": 68.24202,
        "volume": 5156282,
        "typical_volume": 2713740.0,
        "trend": 62.291839,
        "fair_value": 67.756694,
        "relative_strength": -5.031221,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.119561,
        "energy": 52.57921,
        "activity_lines": [
          67.739426,
          64.477302,
          62.011438,
          61.825851
        ]
      },
      {
        "date": "2024-10-25",
        "close": 70.055916,
        "volume": 4993032,
        "typical_volume": 2811404.35,
        "trend": 62.365196,
        "fair_value": 67.378946,
        "relative_strength": -3.464732,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.050465,
        "energy": 62.62274,
        "activity_lines": [
          69.036806,
          65.87405,
          62.874608,
          62.326759
        ]
      },
      {
        "date": "2024-11-01",
        "close": 64.016113,
        "volume": 5133200,
        "typical_volume": 2949034.2,
        "trend": 62.244114,
        "fair_value": 66.966448,
        "relative_strength": -10.753086,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 58.346575,
        "energy": 40.619896,
        "activity_lines": [
          67.476792,
          65.956443,
          63.124196,
          62.43327
        ]
      },
      {
        "date": "2024-11-08",
        "close": 68.761673,
        "volume": 6556130,
        "typical_volume": 3118959.8,
        "trend": 62.362047,
        "fair_value": 66.570245,
        "relative_strength": -8.911457,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.397415,
        "energy": 38.302849,
        "activity_lines": [
          67.58705,
          66.812294,
          63.820699,
          62.853758
        ]
      },
      {
        "date": "2024-11-15",
        "close": 64.653427,
        "volume": 6270150,
        "typical_volume": 3296004.3,
        "trend": 62.421113,
        "fair_value": 66.279066,
        "relative_strength": -10.936392,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.327021,
        "energy": 24.766461,
        "activity_lines": [
          66.581068,
          66.767172,
          64.088761,
          63.001589
        ]
      },
      {
        "date": "2024-11-22",
        "close": 61.241325,
        "volume": 3929610,
        "typical_volume": 3383918.45,
        "trend": 62.257368,
        "fair_value": 65.977525,
        "relative_strength": -13.68717,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 27.015381,
        "energy": 16.357554,
        "activity_lines": [
          64.6129,
          65.980494,
          64.010434,
          62.925473
        ]
      },
      {
        "date": "2024-11-29",
        "close": 63.418011,
        "volume": 3749305,
        "typical_volume": 3447483.85,
        "trend": 62.166869,
        "fair_value": 65.705021,
        "relative_strength": -11.877817,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.952888,
        "energy": 16.637337,
        "activity_lines": [
          63.837006,
          65.519272,
          64.116679,
          63.000353
        ]
      },
      {
        "date": "2024-12-06",
        "close": 62.751278,
        "volume": 3052169,
        "typical_volume": 3452444.65,
        "trend": 62.108107,
        "fair_value": 65.492375,
        "relative_strength": -14.291938,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.832049,
        "energy": 16.684284,
        "activity_lines": [
          63.281396,
          64.827298,
          64.139238,
          63.038057
        ]
      },
      {
        "date": "2024-12-13",
        "close": 64.163185,
        "volume": 5922785,
        "typical_volume": 3657300.75,
        "trend": 62.141646,
        "fair_value": 65.334383,
        "relative_strength": -11.571338,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.316731,
        "energy": 15.367089,
        "activity_lines": [
          63.280743,
          64.439146,
          64.285707,
          63.170643
        ]
      },
      {
        "date": "2024-12-20",
        "close": 61.015812,
        "volume": 3505351,
        "typical_volume": 3735804.85,
        "trend": 62.174294,
        "fair_value": 65.17688,
        "relative_strength": -14.855497,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.553848,
        "energy": 8.193623,
        "activity_lines": [
          62.537532,
          63.631401,
          64.097917,
          63.098009
        ]
      },
      {
        "date": "2024-12-27",
        "close": 60.466736,
        "volume": 2334760,
        "typical_volume": 3760651.65,
        "trend": 62.013203,
        "fair_value": 64.966419,
        "relative_strength": -15.98502,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.055748,
        "energy": 13.942162,
        "activity_lines": [
          61.853803,
          62.837739,
          63.846486,
          62.987843
        ]
      },
      {
        "date": "2025-01-03",
        "close": 57.309566,
        "volume": 2485932,
        "typical_volume": 3814541.1,
        "trend": 61.856866,
        "fair_value": 64.711173,
        "relative_strength": -15.135074,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.439415,
        "energy": 32.588611,
        "activity_lines": [
          60.169324,
          61.611415,
          63.284152,
          62.684383
        ]
      },
      {
        "date": "2025-01-10",
        "close": 54.593613,
        "volume": 2438056,
        "typical_volume": 3836346.05,
        "trend": 61.578078,
        "fair_value": 64.451641,
        "relative_strength": -17.578456,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.875025,
        "energy": 56.968016,
        "activity_lines": [
          57.986756,
          60.123033,
          62.467226,
          62.215786
        ]
      },
      {
        "date": "2025-01-17",
        "close": 56.84874,
        "volume": 2331425,
        "typical_volume": 3858383.15,
        "trend": 61.441246,
        "fair_value": 64.241268,
        "relative_strength": -15.562954,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.570605,
        "energy": 58.89412,
        "activity_lines": [
          57.099742,
          59.215993,
          61.886537,
          61.910667
        ]
      },
      {
        "date": "2025-01-24",
        "close": 56.799713,
        "volume": 2209981,
        "typical_volume": 3893468.35,
        "trend": 61.329436,
        "fair_value": 64.092271,
        "relative_strength": -15.425465,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.614519,
        "energy": 58.9671,
        "activity_lines": [
          56.684015,
          58.516637,
          61.317568,
          61.611214
        ]
      },
      {
        "date": "2025-01-31",
        "close": 56.182007,
        "volume": 400904,
        "typical_volume": 3857393.95,
        "trend": 61.319918,
        "fair_value": 63.903564,
        "relative_strength": -15.92602,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.896399,
        "energy": 68.827047,
        "activity_lines": [
          56.34346,
          57.847766,
          60.695433,
          61.279122
        ]
      },
      {
        "date": "2025-02-07",
        "close": 58.299858,
        "volume": 1744656,
        "typical_volume": 3898730.0,
        "trend": 61.290622,
        "fair_value": 63.746701,
        "relative_strength": -13.767873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.870634,
        "energy": 49.705997,
        "activity_lines": [
          56.994503,
          57.655947,
          60.280677,
          61.084279
        ]
      },
      {
        "date": "2025-02-14",
        "close": 58.397911,
        "volume": 2981206,
        "typical_volume": 3830321.35,
        "trend": 61.219407,
        "fair_value": 63.611219,
        "relative_strength": -14.046679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.52322,
        "energy": 34.226852,
        "activity_lines": [
          57.612212,
          57.575012,
          59.870945,
          60.897652
        ]
      },
      {
        "date": "2025-02-21",
        "close": 58.074348,
        "volume": 3750486,
        "typical_volume": 3878338.65,
        "trend": 61.258014,
        "fair_value": 63.511548,
        "relative_strength": -14.790873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.924762,
        "energy": 29.668925,
        "activity_lines": [
          57.868446,
          57.5144,
          59.463467,
          60.694745
        ]
      },
      {
        "date": "2025-02-28",
        "close": 57.87825,
        "volume": 3929052,
        "typical_volume": 3643723.6,
        "trend": 61.232869,
        "fair_value": 63.429498,
        "relative_strength": -13.069335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.05468,
        "energy": 24.364408,
        "activity_lines": [
          57.977607,
          57.52884,
          59.106289,
          60.476696
        ]
      },
      {
        "date": "2025-03-07",
        "close": 58.623425,
        "volume": 4356277,
        "typical_volume": 3603723.35,
        "trend": 61.242966,
        "fair_value": 63.376814,
        "relative_strength": -12.780883,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.290039,
        "energy": 22.233718,
        "activity_lines": [
          58.263257,
          57.735813,
          58.864856,
          60.308345
        ]
      },
      {
        "date": "2025-03-14",
        "close": 61.123669,
        "volume": 4215742,
        "typical_volume": 3564858.85,
        "trend": 61.341606,
        "fair_value": 63.330828,
        "relative_strength": -9.683831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.529416,
        "energy": 15.730701,
        "activity_lines": [
          59.21956,
          58.43089,
          58.907344,
          60.300648
        ]
      },
      {
        "date": "2025-03-21",
        "close": 58.72147,
        "volume": 5164525,
        "typical_volume": 3566425.1,
        "trend": 61.328964,
        "fair_value": 63.251088,
        "relative_strength": -11.250077,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.511501,
        "energy": 17.077882,
        "activity_lines": [
          59.186877,
          58.619857,
          58.763585,
          60.131607
        ]
      },
      {
        "date": "2025-03-28",
        "close": 58.446934,
        "volume": 2902654,
        "typical_volume": 3383751.3,
        "trend": 61.26751,
        "fair_value": 63.180706,
        "relative_strength": -10.883897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.46549,
        "energy": 14.131392,
        "activity_lines": [
          59.04111,
          58.683856,
          58.618893,
          59.94567
        ]
      },
      {
        "date": "2025-04-04",
        "close": 58.917568,
        "volume": 2105392,
        "typical_volume": 3175513.4,
        "trend": 61.298465,
        "fair_value": 63.142071,
        "relative_strength": -9.524178,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.377551,
        "energy": 12.922287,
        "activity_lines": [
          59.027383,
          58.804367,
          58.568141,
          59.794061
        ]
      },
      {
        "date": "2025-04-11",
        "close": 55.211323,
        "volume": 6184188,
        "typical_volume": 3288242.3,
        "trend": 61.226358,
        "fair_value": 63.093019,
        "relative_strength": -12.103578,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.335394,
        "energy": 30.081813,
        "activity_lines": [
          57.708953,
          58.212508,
          58.191727,
          59.401342
        ]
      },
      {
        "date": "2025-04-18",
        "close": 52.06395,
        "volume": 3868306,
        "typical_volume": 3294192.35,
        "trend": 61.048689,
        "fair_value": 63.016336,
        "relative_strength": -17.710806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.723691,
        "energy": 64.17691,
        "activity_lines": [
          55.568872,
          57.066049,
          57.544277,
          58.810219
        ]
      },
      {
        "date": "2025-04-25",
        "close": 51.397217,
        "volume": 2372793,
        "typical_volume": 3260223.55,
        "trend": 60.58385,
        "fair_value": 62.925919,
        "relative_strength": -18.745505,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.149086,
        "energy": 76.897989,
        "activity_lines": [
          53.810528,
          55.911746,
          56.887396,
          58.187543
        ]
      },
      {
        "date": "2025-05-02",
        "close": 51.407024,
        "volume": 1248735,
        "typical_volume": 3026521.05,
        "trend": 59.878774,
        "fair_value": 62.877898,
        "relative_strength": -17.870127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.852814,
        "energy": 79.990441,
        "activity_lines": [
          52.543737,
          54.886511,
          56.285516,
          57.59549
        ]
      },
      {
        "date": "2025-05-09",
        "close": 50.985416,
        "volume": 3276182,
        "typical_volume": 3015062.6,
        "trend": 59.335583,
        "fair_value": 62.832057,
        "relative_strength": -19.657958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.661213,
        "energy": 79.540579,
        "activity_lines": [
          51.605737,
          53.905845,
          55.704227,
          57.021725
        ]
      },
      {
        "date": "2025-05-16",
        "close": 49.916683,
        "volume": 3873073,
        "typical_volume": 3091978.25,
        "trend": 58.724739,
        "fair_value": 62.795322,
        "relative_strength": -21.523459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.136322,
        "energy": 78.96332,
        "activity_lines": [
          50.840302,
          52.856187,
          55.068917,
          56.414054
        ]
      },
      {
        "date": "2025-05-23",
        "close": 51.475658,
        "volume": 4128716,
        "typical_volume": 3174117.45,
        "trend": 58.105397,
        "fair_value": 62.782618,
        "relative_strength": -18.27306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.089905,
        "energy": 60.945608,
        "activity_lines": [
          50.947502,
          52.248284,
          54.632319,
          55.946371
        ]
      },
      {
        "date": "2025-05-30",
        "close": 51.132488,
        "volume": 2639919,
        "typical_volume": 3184210.6,
        "trend": 57.675943,
        "fair_value": 62.781666,
        "relative_strength": -18.305395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.6471,
        "energy": 50.374004,
        "activity_lines": [
          50.979532,
          51.753404,
          54.190819,
          55.496506
        ]
      },
      {
        "date": "2025-06-06",
        "close": 50.446144,
        "volume": 4251070,
        "typical_volume": 3280192.85,
        "trend": 57.065425,
        "fair_value": 62.769557,
        "relative_strength": -19.856997,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.209914,
        "energy": 48.399443,
        "activity_lines": [
          50.800429,
          51.271717,
          53.700434,
          55.030068
        ]
      },
      {
        "date": "2025-06-13",
        "close": 50.985416,
        "volume": 6880594,
        "typical_volume": 3513723.5,
        "trend": 56.609825,
        "fair_value": 62.745558,
        "relative_strength": -18.321375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.239861,
        "energy": 41.870262,
        "activity_lines": [
          50.865141,
          51.033548,
          53.291898,
          54.637809
        ]
      },
      {
        "date": "2025-06-20",
        "close": 48.485168,
        "volume": 4715373,
        "typical_volume": 3729446.95,
        "trend": 56.184619,
        "fair_value": 62.722405,
        "relative_strength": -21.449276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.32619,
        "energy": 49.611172,
        "activity_lines": [
          50.096438,
          50.485009,
          52.672929,
          54.113637
        ]
      },
      {
        "date": "2025-06-27",
        "close": 49.759804,
        "volume": 3193370,
        "typical_volume": 3801882.65,
        "trend": 55.729346,
        "fair_value": 62.644685,
        "relative_strength": -20.420638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.911954,
        "energy": 45.195656,
        "activity_lines": [
          49.848048,
          50.290515,
          52.212006,
          53.699133
        ]
      },
      {
        "date": "2025-07-04",
        "close": 50.01778,
        "volume": 3216074,
        "typical_volume": 3813626.05,
        "trend": 55.304896,
        "fair_value": 62.580696,
        "relative_strength": -20.720443,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.168006,
        "energy": 42.712889,
        "activity_lines": [
          49.80004,
          50.184821,
          51.816319,
          53.330645
        ]
      },
      {
        "date": "2025-07-11",
        "close": 51.029842,
        "volume": 3397058,
        "typical_volume": 3795954.65,
        "trend": 54.867118,
        "fair_value": 62.492065,
        "relative_strength": -19.530504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.726029,
        "energy": 45.705489,
        "activity_lines": [
          50.1637,
          50.288218,
          51.556924,
          53.054835
        ]
      },
      {
        "date": "2025-07-18",
        "close": 52.289963,
        "volume": 4383856,
        "typical_volume": 3818694.85,
        "trend": 54.576256,
        "fair_value": 62.403403,
        "relative_strength": -17.627875,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.346172,
        "energy": 28.22407,
        "activity_lines": [
          50.908487,
          50.627586,
          51.451086,
          52.888567
        ]
      },
      {
        "date": "2025-07-25",
        "close": 54.502613,
        "volume": 7074640,
        "typical_volume": 3954613.0,
        "trend": 54.377452,
        "fair_value": 62.310658,
        "relative_strength": -15.145175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.27321,
        "energy": 16.795144,
        "activity_lines": [
          52.303854,
          51.345534,
          51.582588,
          52.883816
        ]
      },
      {
        "date": "2025-08-01",
        "close": 53.510391,
        "volume": 6703956,
        "typical_volume": 4079023.7,
        "trend": 54.250813,
        "fair_value": 62.236839,
        "relative_strength": -15.432659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -4.280865,
        "energy": 18.436632,
        "activity_lines": [
          52.967317,
          51.799699,
          51.639215,
          52.827877
        ]
      },
      {
        "date": "2025-08-08",
        "close": 53.679066,
        "volume": 4407866,
        "typical_volume": 4041190.75,
        "trend": 54.220328,
        "fair_value": 62.198237,
        "relative_strength": -16.413196,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.250277,
        "energy": 21.713702,
        "activity_lines": [
          53.436967,
          52.247536,
          51.74816,
          52.79099
        ]
      },
      {
        "date": "2025-08-15",
        "close": 54.750668,
        "volume": 5961619,
        "typical_volume": 4194139.0,
        "trend": 54.150392,
        "fair_value": 62.142962,
        "relative_strength": -15.67142,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 10.192603,
        "energy": 27.770081,
        "activity_lines": [
          54.019731,
          52.843908,
          51.983174,
          52.825205
        ]
      },
      {
        "date": "2025-08-22",
        "close": 57.032768,
        "volume": 8404523,
        "typical_volume": 4509095.55,
        "trend": 54.158161,
        "fair_value": 62.115134,
        "relative_strength": -14.575856,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.910273,
        "energy": 58.230252,
        "activity_lines": [
          55.11514,
          53.776944,
          52.453132,
          53.011165
        ]
      },
      {
        "date": "2025-08-29",
        "close": 54.353775,
        "volume": 7269913,
        "typical_volume": 4563381.8,
        "trend": 54.09722,
        "fair_value": 62.086264,
        "relative_strength": -18.628522,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.373211,
        "energy": 43.372468,
        "activity_lines": [
          55.001365,
          54.112939,
          52.676923,
          53.023785
        ]
      },
      {
        "date": "2025-09-05",
        "close": 54.224792,
        "volume": 5898247,
        "typical_volume": 4664878.85,
        "trend": 53.961384,
        "fair_value": 62.058496,
        "relative_strength": -17.234746,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.803236,
        "energy": 26.751674,
        "activity_lines": [
          54.854518,
          54.318779,
          52.892513,
          53.032016
        ]
      },
      {
        "date": "2025-09-12",
        "close": 54.234711,
        "volume": 6080068,
        "typical_volume": 4850242.6,
        "trend": 53.822611,
        "fair_value": 62.054486,
        "relative_strength": -17.799002,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.069388,
        "energy": 23.871512,
        "activity_lines": [
          54.66335,
          54.445242,
          53.098759,
          53.04965
        ]
      },
      {
        "date": "2025-09-19",
        "close": 52.468563,
        "volume": 4325790,
        "typical_volume": 5004095.35,
        "trend": 53.635751,
        "fair_value": 62.060254,
        "relative_strength": -18.761204,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 2.671689,
        "energy": 5.74631,
        "activity_lines": [
          53.846424,
          54.173916,
          53.123288,
          52.962292
        ]
      },
      {
        "date": "2025-09-26",
        "close": 50.811554,
        "volume": 3776760,
        "typical_volume": 5029124.25,
        "trend": 53.400195,
        "fair_value": 62.061027,
        "relative_strength": -20.780604,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.842558,
        "energy": 17.687649,
        "activity_lines": [
          52.629301,
          53.575156,
          52.984951,
          52.780085
        ]
      },
      {
        "date": "2025-10-03",
        "close": 51.555717,
        "volume": 1388509,
        "typical_volume": 4904896.05,
        "trend": 53.164605,
        "fair_value": 62.067142,
        "relative_strength": -19.974284,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -33.586062,
        "energy": 26.890859,
        "activity_lines": [
          52.07498,
          53.138579,
          52.918316,
          52.661087
        ]
      },
      {
        "date": "2025-10-10",
        "close": 51.77401,
        "volume": 1652173,
        "typical_volume": 4781068.9,
        "trend": 52.852949,
        "fair_value": 62.085338,
        "relative_strength": -19.215492,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.953226,
        "energy": 25.816927,
        "activity_lines": [
          51.779961,
          52.795272,
          52.864665,
          52.571371
        ]
      },
      {
        "date": "2025-10-17",
        "close": 50.02,
        "volume": 3522266,
        "typical_volume": 4825186.25,
        "trend": 52.5629,
        "fair_value": 62.118094,
        "relative_strength": -20.04996,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.462316,
        "energy": 40.458076,
        "activity_lines": [
          51.063657,
          52.164624,
          52.642545,
          52.3886
        ]
      },
      {
        "date": "2025-10-24",
        "close": 50.41,
        "volume": 2609239,
        "typical_volume": 4743094.7,
        "trend": 52.295002,
        "fair_value": 62.14535,
        "relative_strength": -20.890768,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.602096,
        "energy": 44.507183,
        "activity_lines": [
          50.758335,
          51.671414,
          52.462865,
          52.249703
        ]
      },
      {
        "date": "2025-10-31",
        "close": 51.040001,
        "volume": 3397264,
        "typical_volume": 4568928.2,
        "trend": 52.032417,
        "fair_value": 62.161654,
        "relative_strength": -19.352572,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.344973,
        "energy": 34.55422,
        "activity_lines": [
          50.800249,
          51.371671,
          52.343357,
          52.168736
        ]
      },
      {
        "date": "2025-11-07",
        "close": 50.279999,
        "volume": 2836183,
        "typical_volume": 4474968.7,
        "trend": 51.868039,
        "fair_value": 62.168471,
        "relative_strength": -20.703925,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.454469,
        "energy": 37.408041,
        "activity_lines": [
          50.573601,
          51.042705,
          52.151209,
          52.055676
        ]
      },
      {
        "date": "2025-11-14",
        "close": 52.200001,
        "volume": 4402137,
        "typical_volume": 4535407.05,
        "trend": 51.872574,
        "fair_value": 62.175375,
        "relative_strength": -16.892356,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -13.102036,
        "energy": 14.366158,
        "activity_lines": [
          51.072,
          51.136899,
          52.133371,
          52.077093
        ]
      },
      {
        "date": "2025-11-21",
        "close": 48.869999,
        "volume": 3384533,
        "typical_volume": 4543830.0,
        "trend": 51.788334,
        "fair_value": 62.115744,
        "relative_strength": -18.439096,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.934189,
        "energy": 26.915102,
        "activity_lines": [
          50.432,
          50.662452,
          51.78677,
          51.883379
        ]
      },
      {
        "date": "2025-11-28",
        "close": 49.5,
        "volume": 3565452,
        "typical_volume": 4552249.7,
        "trend": 51.724766,
        "fair_value": 62.082394,
        "relative_strength": -17.888354,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.371222,
        "energy": 32.477071,
        "activity_lines": [
          50.078667,
          50.400091,
          51.505634,
          51.735744
        ]
      },
      {
        "date": "2025-12-05",
        "close": 48.860001,
        "volume": 2019903,
        "typical_volume": 4434052.05,
        "trend": 51.653919,
        "fair_value": 62.027841,
        "relative_strength": -18.648233,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.151306,
        "energy": 53.041087,
        "activity_lines": [
          49.572667,
          50.075341,
          51.170832,
          51.550921
        ]
      },
      {
        "date": "2025-12-12",
        "close": 45.799999,
        "volume": 6037151,
        "typical_volume": 4382177.6,
        "trend": 51.516696,
        "fair_value": 61.985631,
        "relative_strength": -22.790186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.410351,
        "energy": 80.699458,
        "activity_lines": [
          48.192,
          49.229709,
          50.560933,
          51.173248
        ]
      },
      {
        "date": "2025-12-19",
        "close": 44.830002,
        "volume": 3839307,
        "typical_volume": 4238945.15,
        "trend": 51.295175,
        "fair_value": 61.931576,
        "relative_strength": -23.813485,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.221042,
        "energy": 87.888876,
        "activity_lines": [
          46.786667,
          48.312364,
          49.900095,
          50.741849
        ]
      },
      {
        "date": "2025-12-26",
        "close": 44.630001,
        "volume": 3300887,
        "typical_volume": 4183596.2,
        "trend": 51.078425,
        "fair_value": 61.845337,
        "relative_strength": -24.932002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.212048,
        "energy": 92.021503,
        "activity_lines": [
          45.806001,
          47.48491,
          49.261545,
          50.311838
        ]
      },
      {
        "date": "2026-01-02",
        "close": 43.900002,
        "volume": 1768411,
        "typical_volume": 3973935.8,
        "trend": 50.86022,
        "fair_value": 61.742153,
        "relative_strength": -25.608818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.674944,
        "energy": 92.185835,
        "activity_lines": [
          44.864668,
          46.622728,
          48.596561,
          49.848714
        ]
      },
      {
        "date": "2026-01-09",
        "close": 46.240002,
        "volume": 5421638,
        "typical_volume": 3824791.55,
        "trend": 50.70204,
        "fair_value": 61.669487,
        "relative_strength": -23.935148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.990834,
        "energy": 83.85785,
        "activity_lines": [
          45.076668,
          46.304365,
          48.206105,
          49.550635
        ]
      },
      {
        "date": "2026-01-16",
        "close": 46.91,
        "volume": 7373003,
        "typical_volume": 3829946.05,
        "trend": 50.649534,
        "fair_value": 61.54142,
        "relative_strength": -21.863457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.897087,
        "energy": 54.721329,
        "activity_lines": [
          45.686668,
          46.195092,
          47.930852,
          49.305987
        ]
      },
      {
        "date": "2026-01-23",
        "close": 47.110001,
        "volume": 3538893,
        "typical_volume": 3711978.35,
        "trend": 50.561207,
        "fair_value": 61.407426,
        "relative_strength": -21.554165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.702191,
        "energy": 40.683986,
        "activity_lines": [
          46.289334,
          46.183456,
          47.710093,
          49.07763
        ]
      },
      {
        "date": "2026-01-30",
        "close": 45.77,
        "volume": 3626604,
        "typical_volume": 3589305.15,
        "trend": 50.419615,
        "fair_value": 61.231873,
        "relative_strength": -22.817725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.383643,
        "energy": 32.379973,
        "activity_lines": [
          46.293334,
          46.020728,
          47.395595,
          48.76852
        ]
      },
      {
        "date": "2026-02-06",
        "close": 46.98,
        "volume": 4536187,
        "typical_volume": 3599825.0,
        "trend": 50.28462,
        "fair_value": 61.057175,
        "relative_strength": -19.098795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.045056,
        "energy": 24.855021,
        "activity_lines": [
          46.624667,
          46.134364,
          47.236643,
          48.546609
        ]
      },
      {
        "date": "2026-02-13",
        "close": 45.91,
        "volume": 2723859,
        "typical_volume": 3547179.95,
        "trend": 50.071955,
        "fair_value": 60.902257,
        "relative_strength": -20.597661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.869262,
        "energy": 27.672384,
        "activity_lines": [
          46.394,
          46.099273,
          47.001923,
          48.264376
        ]
      },
      {
        "date": "2026-02-27",
        "close": 45.98,
        "volume": 1513602,
        "typical_volume": 3553434.6,
        "trend": 49.787867,
        "fair_value": 60.747304,
        "relative_strength": -21.364629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.191964,
        "energy": 31.01956,
        "activity_lines": [
          46.208667,
          46.130546,
          46.79721,
          48.000379
        ]
      },
      {
        "date": "2026-03-06",
        "close": 42.150002,
        "volume": 4122365,
        "typical_volume": 3676944.2,
        "trend": 49.409188,
        "fair_value": 60.543623,
        "relative_strength": -26.513285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.027444,
        "energy": 52.625033,
        "activity_lines": [
          44.808667,
          45.462182,
          46.254286,
          47.507613
        ]
      },
      {
        "date": "2026-03-13",
        "close": 41.860001,
        "volume": 2786275,
        "typical_volume": 3640144.65,
        "trend": 49.015219,
        "fair_value": 60.354787,
        "relative_strength": -25.771586,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.932191,
        "energy": 76.928405,
        "activity_lines": [
          43.642668,
          44.789819,
          45.729572,
          47.020569
        ]
      },
      {
        "date": "2026-03-20",
        "close": 40.48,
        "volume": 2488875,
        "typical_volume": 3634126.45,
        "trend": 48.53953,
        "fair_value": 60.173413,
        "relative_strength": -24.906424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.919789,
        "energy": 90.017262,
        "activity_lines": [
          42.277334,
          43.91691,
          45.112286,
          46.46991
        ]
      },
      {
        "date": "2026-03-27",
        "close": 39.25,
        "volume": 3499914,
        "typical_volume": 3639258.95,
        "trend": 47.946771,
        "fair_value": 59.973341,
        "relative_strength": -25.602505,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.582966,
        "energy": 93.597833,
        "activity_lines": [
          40.935334,
          42.882546,
          44.425143,
          45.870585
        ]
      },
      {
        "date": "2026-04-03",
        "close": 38.84,
        "volume": 2262964,
        "typical_volume": 3610598.0,
        "trend": 47.429645,
        "fair_value": 59.785499,
        "relative_strength": -24.946065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.11276,
        "energy": 91.552029,
        "activity_lines": [
          39.900667,
          41.900728,
          43.755096,
          45.283052
        ]
      },
      {
        "date": "2026-04-10",
        "close": 39.029999,
        "volume": 1779899,
        "typical_volume": 3479486.1,
        "trend": 46.923152,
        "fair_value": 59.629074,
        "relative_strength": -25.747718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.806978,
        "energy": 87.767394,
        "activity_lines": [
          39.405333,
          41.100182,
          43.157619,
          44.741139
        ]
      },
      {
        "date": "2026-04-17",
        "close": 38.344929,
        "volume": 1804575,
        "typical_volume": 3400488.2,
        "trend": 46.393493,
        "fair_value": 59.428959,
        "relative_strength": -27.422124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.872717,
        "energy": 83.357193,
        "activity_lines": [
          38.889643,
          40.321987,
          42.557613,
          44.187705
        ]
      },
      {
        "date": "2026-04-24",
        "close": 38.776436,
        "volume": 1958432,
        "typical_volume": 3320137.2,
        "trend": 45.937089,
        "fair_value": 59.209674,
        "relative_strength": -26.42488,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.330827,
        "energy": 75.406321,
        "activity_lines": [
          38.752126,
          39.75725,
          42.048821,
          43.696282
        ]
      },
      {
        "date": "2026-05-01",
        "close": 38.884312,
        "volume": 2298085,
        "typical_volume": 3334046.3,
        "trend": 45.539514,
        "fair_value": 58.995697,
        "relative_strength": -26.123449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.956727,
        "energy": 63.283196,
        "activity_lines": [
          38.764139,
          39.361281,
          41.601368,
          43.241264
        ]
      },
      {
        "date": "2026-05-08",
        "close": 38.384155,
        "volume": 1814564,
        "typical_volume": 3122916.95,
        "trend": 45.100462,
        "fair_value": 58.785151,
        "relative_strength": -27.549525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.710708,
        "energy": 62.921851,
        "activity_lines": [
          38.633813,
          39.002115,
          41.153784,
          42.779628
        ]
      },
      {
        "date": "2026-05-15",
        "close": 36.108959,
        "volume": 3677195,
        "typical_volume": 3114811.35,
        "trend": 44.578293,
        "fair_value": 58.530129,
        "relative_strength": -30.420752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.053848,
        "energy": 69.3517,
        "activity_lines": [
          37.775477,
          38.367384,
          40.524829,
          42.199531
        ]
      },
      {
        "date": "2026-05-22",
        "close": 34.216228,
        "volume": 2834410,
        "typical_volume": 3091487.5,
        "trend": 44.051501,
        "fair_value": 58.325351,
        "relative_strength": -33.039992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.647267,
        "energy": 75.24155,
        "activity_lines": [
          36.480967,
          37.498356,
          39.757142,
          41.531011
        ]
      },
      {
        "date": "2026-05-29",
        "close": 33.794533,
        "volume": 3061358,
        "typical_volume": 3156134.85,
        "trend": 43.497652,
        "fair_value": 58.139674,
        "relative_strength": -32.405247,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.187359,
        "energy": 86.424117,
        "activity_lines": [
          35.321138,
          36.691635,
          38.998883,
          40.869271
        ]
      },
      {
        "date": "2026-06-05",
        "close": 32.245049,
        "volume": 516382,
        "typical_volume": 2910872.05,
        "trend": 42.871154,
        "fair_value": 57.939272,
        "relative_strength": -34.100959,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.063614,
        "energy": 94.397983,
        "activity_lines": [
          33.976942,
          35.724743,
          38.141176,
          40.143297
        ]
      },
      {
        "date": "2026-06-12",
        "close": 30.979958,
        "volume": 1026501,
        "typical_volume": 2593546.95,
        "trend": 42.227819,
        "fair_value": 57.730453,
        "relative_strength": -36.014763,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.518492,
        "energy": 94.734712,
        "activity_lines": [
          32.653667,
          34.655197,
          37.229626,
          39.376123
        ]
      },
      {
        "date": "2026-06-19",
        "close": 30.15,
        "volume": 2380192,
        "typical_volume": 2535611.9,
        "trend": 41.492819,
        "fair_value": 57.541239,
        "relative_strength": -37.857737,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.416666,
        "energy": 94.023517,
        "activity_lines": [
          31.547352,
          33.577659,
          36.31489,
          38.596909
        ]
      },
      {
        "date": "2026-06-26",
        "close": 28.610001,
        "volume": 530177,
        "typical_volume": 2380790.55,
        "trend": 40.817486,
        "fair_value": 57.35367,
        "relative_strength": -39.386201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.106364,
        "energy": 95.859165,
        "activity_lines": [
          30.324967,
          32.381577,
          35.334249,
          37.765759
        ]
      },
      {
        "date": "2026-07-03",
        "close": 31.040001,
        "volume": 679478,
        "typical_volume": 2187955.1,
        "trend": 40.202152,
        "fair_value": 57.179875,
        "relative_strength": -33.759195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.372243,
        "energy": 81.9945,
        "activity_lines": [
          30.286332,
          31.804311,
          34.666751,
          37.134954
        ]
      },
      {
        "date": "2026-07-10",
        "close": 30.959999,
        "volume": 6206020,
        "typical_volume": 2362063.15,
        "trend": 39.605486,
        "fair_value": 57.015634,
        "relative_strength": -32.398058,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.539197,
        "energy": 66.824643,
        "activity_lines": [
          30.404664,
          31.353162,
          34.067539,
          36.538686
        ]
      },
      {
        "date": "2026-07-17",
        "close": 31.98,
        "volume": 6371310,
        "typical_volume": 2604948.55,
        "trend": 39.144819,
        "fair_value": 56.850415,
        "relative_strength": -25.107604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.568512,
        "energy": 62.792219,
        "activity_lines": [
          30.948667,
          31.231546,
          33.63666,
          36.046719
        ]
      },
      {
        "date": "2026-07-24",
        "close": 29.559999,
        "volume": 4291358,
        "typical_volume": 2613398.2,
        "trend": 38.635819,
        "fair_value": 56.659704,
        "relative_strength": -30.857469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.897625,
        "energy": 59.755085,
        "activity_lines": [
          30.619333,
          30.786369,
          33.041972,
          35.428343
        ]
      },
      {
        "date": "2026-07-31",
        "close": 31.73,
        "volume": 4010275,
        "typical_volume": 2674598.2,
        "trend": 38.205819,
        "fair_value": 56.47525,
        "relative_strength": -25.248332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.345722,
        "energy": 44.24304,
        "activity_lines": [
          31.052666,
          30.854809,
          32.713902,
          34.982807
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.25,
        "volume": 3898941,
        "typical_volume": 2745101.5,
        "trend": 37.817485,
        "fair_value": 56.30305,
        "relative_strength": -25.212604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.913568,
        "energy": 36.17282,
        "activity_lines": [
          31.451333,
          31.062999,
          32.483595,
          34.59856
        ]
      }
    ],
    "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."
    }
  }
}