{
  "ticker": {
    "uuid": "61eb48a6-f10b-4ebe-82ac-a1ecd8ccedf7",
    "symbol": "SEYAIND",
    "name": "Seya Industries Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -50.84,
    "architecture_energy": 53.03,
    "architecture_maturity": 16.968,
    "architecture_confidence": 70.534,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 25.7,
        "rotation_up": 7.44,
        "upward_expansion": 16.81,
        "deceleration": 46.55,
        "rotation_down": 70.3,
        "downward_expansion": 80.47
      },
      "activity_lines": [
        12.511333,
        12.726727,
        13.216,
        13.054645
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 12.53,
    "trend_reference": 13.359667,
    "distance_from_trend": -0.062102,
    "trend_direction": "Weakening",
    "fair_value": 21.139231,
    "distance_from_fair_value": -0.407263,
    "fair_value_direction": "Weakening",
    "relative_strength": -19.014009,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.261638,
    "excess_performance": -0.217929,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.062102,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.147926,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.407263,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.099301,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.19014,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.114245,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.261638,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.541293,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 48266,
      "relative_activity": 2.199017,
      "balance": 1.541293,
      "dry_up": 1.336946,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.062803,
      "annualized_volatility": 0.572166,
      "from_high_reference": -0.477699,
      "from_low_reference": 0.467213
    },
    "levels": {
      "trend_reference": 13.359667,
      "fair_value_reference": 21.139231,
      "structural_low": 8.54,
      "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": 30,
        "median_return": -0.022362,
        "positive_rate": 0.433333,
        "directional_follow_through": 0.566667,
        "median_excess_return": -0.030207,
        "regime_survival": 0.8,
        "best_return": 0.506767,
        "worst_return": -0.431939,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.033395,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.099467,
        "regime_survival": 0.545455,
        "best_return": 0.521362,
        "worst_return": -0.413699,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.112453,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.207576,
        "regime_survival": 0.333333,
        "best_return": -0.017433,
        "worst_return": -0.436104,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.2818,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.378974,
        "regime_survival": 0.0,
        "best_return": -0.087199,
        "worst_return": -0.445934,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2025-06-27",
        "tenure": "Established",
        "return": -0.061057,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-07-25",
        "tenure": "New",
        "return": -0.143045,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-01",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.086528,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-12",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": 0.043653,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-10-24",
        "tenure": "New",
        "return": -0.009455,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-31",
        "end": "2025-11-07",
        "tenure": "New",
        "return": 0.156702,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-11-14",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.050022,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-28",
        "end": "2025-12-12",
        "tenure": "New",
        "return": -0.143187,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-19",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.04084,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-05-15",
        "tenure": "Established",
        "return": -0.114754,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-22",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.088387,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-12",
        "end": "2026-06-19",
        "tenure": "New",
        "return": 0.042537,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-26",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.025661,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 22.549999,
        "volume": 8241,
        "typical_volume": 79544.75,
        "trend": 24.55,
        "fair_value": 44.764423,
        "relative_strength": -20.892769,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.928972,
        "energy": 24.03825,
        "activity_lines": [
          23.56,
          24.594545,
          24.43619,
          24.155376
        ]
      },
      {
        "date": "2023-08-25",
        "close": 21.0,
        "volume": 49687,
        "typical_volume": 78936.95,
        "trend": 24.261667,
        "fair_value": 44.401923,
        "relative_strength": -25.824429,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -58.163663,
        "energy": 43.952102,
        "activity_lines": [
          22.43,
          23.901818,
          24.219048,
          23.926344
        ]
      },
      {
        "date": "2023-09-01",
        "close": 25.450001,
        "volume": 139546,
        "typical_volume": 73495.25,
        "trend": 24.17,
        "fair_value": 44.098077,
        "relative_strength": -10.658106,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.884514,
        "energy": 19.210997,
        "activity_lines": [
          23.236667,
          24.08,
          24.414286,
          24.003011
        ]
      },
      {
        "date": "2023-09-08",
        "close": 23.799999,
        "volume": 31383,
        "typical_volume": 63024.85,
        "trend": 23.991667,
        "fair_value": 43.784936,
        "relative_strength": -17.425736,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.898669,
        "energy": 20.10232,
        "activity_lines": [
          23.476666,
          23.917273,
          24.406905,
          23.97914
        ]
      },
      {
        "date": "2023-09-15",
        "close": 22.799999,
        "volume": 10912,
        "typical_volume": 61661.15,
        "trend": 23.828333,
        "fair_value": 43.465064,
        "relative_strength": -21.563956,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.882708,
        "energy": 13.738955,
        "activity_lines": [
          23.34,
          23.572727,
          24.273571,
          23.902258
        ]
      },
      {
        "date": "2023-09-22",
        "close": 22.35,
        "volume": 11037,
        "typical_volume": 61403.5,
        "trend": 23.695,
        "fair_value": 43.1875,
        "relative_strength": -20.318392,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.493372,
        "energy": 10.761445,
        "activity_lines": [
          23.083333,
          23.211818,
          24.079524,
          23.806882
        ]
      },
      {
        "date": "2023-09-29",
        "close": 20.799999,
        "volume": 8016,
        "typical_volume": 61432.0,
        "trend": 23.506667,
        "fair_value": 42.908333,
        "relative_strength": -24.968924,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.933896,
        "energy": 35.053648,
        "activity_lines": [
          22.323333,
          22.678181,
          23.729047,
          23.620107
        ]
      },
      {
        "date": "2023-10-06",
        "close": 20.4,
        "volume": 35573,
        "typical_volume": 62436.8,
        "trend": 23.288333,
        "fair_value": 42.580449,
        "relative_strength": -25.819263,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.057947,
        "energy": 57.21506,
        "activity_lines": [
          21.443333,
          22.199091,
          23.348571,
          23.419677
        ]
      },
      {
        "date": "2023-10-13",
        "close": 22.799999,
        "volume": 70898,
        "typical_volume": 57823.45,
        "trend": 23.101667,
        "fair_value": 42.297115,
        "relative_strength": -16.962968,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.138967,
        "energy": 51.552625,
        "activity_lines": [
          21.699999,
          22.243636,
          23.217381,
          23.388172
        ]
      },
      {
        "date": "2023-10-20",
        "close": 28.15,
        "volume": 125355,
        "typical_volume": 55949.65,
        "trend": 23.158333,
        "fair_value": 42.050962,
        "relative_strength": 3.719566,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 40.919912,
        "energy": 17.240204,
        "activity_lines": [
          23.806666,
          23.267272,
          23.616666,
          23.713871
        ]
      },
      {
        "date": "2023-10-27",
        "close": 27.700001,
        "volume": 22507,
        "typical_volume": 47874.55,
        "trend": 23.361667,
        "fair_value": 41.796795,
        "relative_strength": 4.682071,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 60.414999,
        "energy": 45.557652,
        "activity_lines": [
          25.406667,
          24.12,
          23.960952,
          24.006882
        ]
      },
      {
        "date": "2023-11-03",
        "close": 27.200001,
        "volume": 20865,
        "typical_volume": 46481.55,
        "trend": 23.648333,
        "fair_value": 41.560256,
        "relative_strength": 2.232296,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.903517,
        "energy": 56.713445,
        "activity_lines": [
          26.483334,
          24.788182,
          24.249762,
          24.254516
        ]
      },
      {
        "date": "2023-11-10",
        "close": 24.65,
        "volume": 23666,
        "typical_volume": 44058.0,
        "trend": 23.94,
        "fair_value": 41.295192,
        "relative_strength": -7.52677,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.840921,
        "energy": 46.477552,
        "activity_lines": [
          26.283334,
          24.88,
          24.282381,
          24.31914
        ]
      },
      {
        "date": "2023-11-17",
        "close": 22.35,
        "volume": 72583,
        "typical_volume": 43950.5,
        "trend": 24.106667,
        "fair_value": 41.045513,
        "relative_strength": -16.716933,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 5.397188,
        "energy": 23.05736,
        "activity_lines": [
          25.033334,
          24.568182,
          24.089048,
          24.216559
        ]
      },
      {
        "date": "2023-11-24",
        "close": 20.299999,
        "volume": 92713,
        "typical_volume": 43214.45,
        "trend": 24.148333,
        "fair_value": 40.788462,
        "relative_strength": -23.91254,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.838967,
        "energy": 31.951928,
        "activity_lines": [
          23.13,
          23.91,
          23.707381,
          23.970968
        ]
      },
      {
        "date": "2023-12-01",
        "close": 20.5,
        "volume": 200568,
        "typical_volume": 47453.25,
        "trend": 24.148333,
        "fair_value": 40.519551,
        "relative_strength": -24.359982,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -69.43541,
        "energy": 53.018322,
        "activity_lines": [
          21.816666,
          23.333636,
          23.373809,
          23.735591
        ]
      },
      {
        "date": "2023-12-08",
        "close": 23.75,
        "volume": 128004,
        "typical_volume": 53853.2,
        "trend": 24.19,
        "fair_value": 40.233974,
        "relative_strength": -14.846285,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.537628,
        "energy": 44.361069,
        "activity_lines": [
          22.066666,
          23.381818,
          23.387143,
          23.709892
        ]
      },
      {
        "date": "2023-12-15",
        "close": 22.85,
        "volume": 23477,
        "typical_volume": 54651.25,
        "trend": 24.126667,
        "fair_value": 39.955449,
        "relative_strength": -19.487912,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.983339,
        "energy": 47.872715,
        "activity_lines": [
          22.246667,
          23.212727,
          23.334048,
          23.623441
        ]
      },
      {
        "date": "2023-12-22",
        "close": 20.799999,
        "volume": 19730,
        "typical_volume": 55138.6,
        "trend": 23.913333,
        "fair_value": 39.677885,
        "relative_strength": -25.712031,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.208641,
        "energy": 50.32456,
        "activity_lines": [
          21.863333,
          22.626363,
          23.096905,
          23.408817
        ]
      },
      {
        "date": "2023-12-29",
        "close": 20.4,
        "volume": 53733,
        "typical_volume": 57424.7,
        "trend": 23.74,
        "fair_value": 39.360256,
        "relative_strength": -27.872037,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.409128,
        "energy": 37.601045,
        "activity_lines": [
          21.45,
          22.003636,
          22.832857,
          23.18215
        ]
      },
      {
        "date": "2024-01-05",
        "close": 21.4,
        "volume": 36509,
        "typical_volume": 58838.1,
        "trend": 23.585,
        "fair_value": 39.063782,
        "relative_strength": -23.252017,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.933821,
        "energy": 36.294255,
        "activity_lines": [
          21.363333,
          21.703636,
          22.677619,
          23.031183
        ]
      },
      {
        "date": "2024-01-12",
        "close": 23.5,
        "volume": 18483,
        "typical_volume": 57277.9,
        "trend": 23.555,
        "fair_value": 38.802885,
        "relative_strength": -15.474574,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.308971,
        "energy": 24.967076,
        "activity_lines": [
          21.916667,
          21.9,
          22.727857,
          23.025699
        ]
      },
      {
        "date": "2024-01-19",
        "close": 26.950001,
        "volume": 116999,
        "typical_volume": 56150.55,
        "trend": 23.68,
        "fair_value": 38.583013,
        "relative_strength": -1.120252,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 1.299636,
        "energy": 9.762787,
        "activity_lines": [
          23.636667,
          22.790909,
          23.094762,
          23.244731
        ]
      },
      {
        "date": "2024-01-26",
        "close": 31.4,
        "volume": 109405,
        "typical_volume": 60051.65,
        "trend": 23.933333,
        "fair_value": 38.399359,
        "relative_strength": 17.044111,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 57.811639,
        "energy": 64.94229,
        "activity_lines": [
          26.566667,
          24.449091,
          23.878333,
          23.742796
        ]
      },
      {
        "date": "2024-02-02",
        "close": 29.65,
        "volume": 45031,
        "typical_volume": 61757.6,
        "trend": 24.041667,
        "fair_value": 38.185577,
        "relative_strength": 8.355634,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 76.325058,
        "energy": 83.414793,
        "activity_lines": [
          28.206667,
          25.624546,
          24.459048,
          24.111613
        ]
      },
      {
        "date": "2024-02-09",
        "close": 27.0,
        "volume": 33363,
        "typical_volume": 62873.9,
        "trend": 23.996667,
        "fair_value": 37.957692,
        "relative_strength": -0.40474,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.926257,
        "energy": 79.925418,
        "activity_lines": [
          28.346667,
          26.148182,
          24.754762,
          24.302473
        ]
      },
      {
        "date": "2024-02-16",
        "close": 24.5,
        "volume": 10403,
        "typical_volume": 62993.25,
        "trend": 23.886667,
        "fair_value": 37.764423,
        "relative_strength": -10.084887,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.356222,
        "energy": 71.348888,
        "activity_lines": [
          27.28,
          26.099091,
          24.790238,
          24.334946
        ]
      },
      {
        "date": "2024-02-23",
        "close": 25.5,
        "volume": 35830,
        "typical_volume": 63006.1,
        "trend": 23.896667,
        "fair_value": 37.602885,
        "relative_strength": -6.615611,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.636566,
        "energy": 36.310054,
        "activity_lines": [
          26.48,
          26.218182,
          24.903333,
          24.439032
        ]
      },
      {
        "date": "2024-03-01",
        "close": 23.5,
        "volume": 24707,
        "typical_volume": 60696.55,
        "trend": 23.908333,
        "fair_value": 37.321154,
        "relative_strength": -13.816992,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 22.553974,
        "energy": 20.103911,
        "activity_lines": [
          25.11,
          25.925455,
          24.801667,
          24.413441
        ]
      },
      {
        "date": "2024-03-08",
        "close": 24.6,
        "volume": 47263,
        "typical_volume": 56791.95,
        "trend": 23.953333,
        "fair_value": 37.083974,
        "relative_strength": -9.758224,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 25.801142,
        "energy": 24.89756,
        "activity_lines": [
          24.633333,
          25.783636,
          24.801429,
          24.458064
        ]
      },
      {
        "date": "2024-03-15",
        "close": 21.25,
        "volume": 129612,
        "typical_volume": 62147.2,
        "trend": 23.91,
        "fair_value": 36.842308,
        "relative_strength": -19.493906,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -18.257565,
        "energy": 24.840676,
        "activity_lines": [
          23.376667,
          24.956364,
          24.499048,
          24.283656
        ]
      },
      {
        "date": "2024-03-22",
        "close": 20.9,
        "volume": 110704,
        "typical_volume": 66639.15,
        "trend": 23.906667,
        "fair_value": 36.640385,
        "relative_strength": -20.296287,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -29.391592,
        "energy": 32.257399,
        "activity_lines": [
          22.386667,
          24.068182,
          24.194048,
          24.089462
        ]
      },
      {
        "date": "2024-03-29",
        "close": 19.549999,
        "volume": 47887,
        "typical_volume": 67850.2,
        "trend": 23.71,
        "fair_value": 36.435256,
        "relative_strength": -25.769713,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -44.684942,
        "energy": 51.943696,
        "activity_lines": [
          21.186666,
          22.981818,
          23.790476,
          23.808387
        ]
      },
      {
        "date": "2024-04-05",
        "close": 24.35,
        "volume": 39191,
        "typical_volume": 66180.6,
        "trend": 23.728333,
        "fair_value": 36.257051,
        "relative_strength": -8.348382,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.535652,
        "energy": 26.558697,
        "activity_lines": [
          21.983333,
          22.902727,
          23.868333,
          23.849677
        ]
      },
      {
        "date": "2024-04-12",
        "close": 23.0,
        "volume": 24392,
        "typical_volume": 62764.55,
        "trend": 23.735,
        "fair_value": 36.084295,
        "relative_strength": -13.633843,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.132697,
        "energy": 19.019814,
        "activity_lines": [
          22.273333,
          22.706363,
          23.808095,
          23.802688
        ]
      },
      {
        "date": "2024-04-19",
        "close": 21.4,
        "volume": 16300,
        "typical_volume": 53551.15,
        "trend": 23.703333,
        "fair_value": 35.838782,
        "relative_strength": -18.266545,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -56.100233,
        "energy": 30.900146,
        "activity_lines": [
          22.136667,
          22.34,
          23.582619,
          23.652043
        ]
      },
      {
        "date": "2024-04-26",
        "close": 23.049999,
        "volume": 33294,
        "typical_volume": 48815.65,
        "trend": 23.778333,
        "fair_value": 35.613782,
        "relative_strength": -12.999052,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.492343,
        "energy": 16.69113,
        "activity_lines": [
          22.54,
          22.375454,
          23.51,
          23.609892
        ]
      },
      {
        "date": "2024-05-03",
        "close": 23.299999,
        "volume": 9904,
        "typical_volume": 48137.0,
        "trend": 23.875,
        "fair_value": 35.422115,
        "relative_strength": -12.134225,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.439998,
        "energy": 15.432094,
        "activity_lines": [
          22.883333,
          22.482727,
          23.464524,
          23.579032
        ]
      },
      {
        "date": "2024-05-10",
        "close": 23.0,
        "volume": 24219,
        "typical_volume": 48361.45,
        "trend": 23.881667,
        "fair_value": 35.221795,
        "relative_strength": -11.34297,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.565827,
        "energy": 14.427989,
        "activity_lines": [
          22.876666,
          22.575454,
          23.388333,
          23.52258
        ]
      },
      {
        "date": "2024-05-17",
        "close": 24.15,
        "volume": 30309,
        "typical_volume": 47190.25,
        "trend": 23.748333,
        "fair_value": 35.01218,
        "relative_strength": -8.185381,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.50793,
        "energy": 13.477566,
        "activity_lines": [
          23.343333,
          22.886363,
          23.41119,
          23.539892
        ]
      },
      {
        "date": "2024-05-24",
        "close": 23.85,
        "volume": 18977,
        "typical_volume": 46313.65,
        "trend": 23.62,
        "fair_value": 34.803526,
        "relative_strength": -10.631947,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.438782,
        "energy": 7.028767,
        "activity_lines": [
          23.633333,
          23.150909,
          23.387619,
          23.546451
        ]
      },
      {
        "date": "2024-05-31",
        "close": 22.299999,
        "volume": 37138,
        "typical_volume": 47246.4,
        "trend": 23.456666,
        "fair_value": 34.581731,
        "relative_strength": -14.303558,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -5.033887,
        "energy": 4.262425,
        "activity_lines": [
          23.243333,
          23.086363,
          23.204762,
          23.46129
        ]
      },
      {
        "date": "2024-06-07",
        "close": 21.450001,
        "volume": 38311,
        "typical_volume": 43312.0,
        "trend": 23.35,
        "fair_value": 34.288141,
        "relative_strength": -19.612334,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.424727,
        "energy": 20.63541,
        "activity_lines": [
          22.62,
          22.841818,
          22.946666,
          23.331828
        ]
      },
      {
        "date": "2024-06-14",
        "close": 23.610001,
        "volume": 24108,
        "typical_volume": 39047.15,
        "trend": 23.392,
        "fair_value": 34.024103,
        "relative_strength": -11.749453,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.386227,
        "energy": 13.914758,
        "activity_lines": [
          22.84,
          22.955455,
          22.920476,
          23.348602
        ]
      },
      {
        "date": "2024-06-21",
        "close": 23.469999,
        "volume": 28961,
        "typical_volume": 38243.65,
        "trend": 23.497667,
        "fair_value": 33.740897,
        "relative_strength": -12.042892,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.028346,
        "energy": 14.965709,
        "activity_lines": [
          22.972667,
          23.057091,
          22.918047,
          23.353634
        ]
      },
      {
        "date": "2024-06-28",
        "close": 25.07,
        "volume": 66704,
        "typical_volume": 39910.7,
        "trend": 23.65,
        "fair_value": 33.473077,
        "relative_strength": -7.733776,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.980709,
        "energy": 13.577974,
        "activity_lines": [
          23.684,
          23.441091,
          23.097428,
          23.455075
        ]
      },
      {
        "date": "2024-07-05",
        "close": 24.24,
        "volume": 30681,
        "typical_volume": 40924.6,
        "trend": 23.666333,
        "fair_value": 33.215962,
        "relative_strength": -11.381548,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.381984,
        "energy": 17.776286,
        "activity_lines": [
          24.037333,
          23.607455,
          23.206952,
          23.49314
        ]
      },
      {
        "date": "2024-07-12",
        "close": 27.209999,
        "volume": 70129,
        "typical_volume": 42639.55,
        "trend": 23.811667,
        "fair_value": 32.94391,
        "relative_strength": -0.672441,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.840868,
        "energy": 44.020253,
        "activity_lines": [
          25.251333,
          24.292182,
          23.600571,
          23.721763
        ]
      },
      {
        "date": "2024-07-19",
        "close": 29.59,
        "volume": 138045,
        "typical_volume": 48306.45,
        "trend": 24.104667,
        "fair_value": 32.626218,
        "relative_strength": 8.264577,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 54.809142,
        "energy": 64.216277,
        "activity_lines": [
          26.874666,
          25.338545,
          24.212714,
          24.094559
        ]
      },
      {
        "date": "2024-07-26",
        "close": 31.93,
        "volume": 121425,
        "typical_volume": 52014.55,
        "trend": 24.489,
        "fair_value": 32.364231,
        "relative_strength": 15.390448,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 86.459511,
        "energy": 83.49825,
        "activity_lines": [
          28.879333,
          26.690545,
          25.018714,
          24.599419
        ]
      },
      {
        "date": "2024-08-02",
        "close": 38.759998,
        "volume": 171025,
        "typical_volume": 54085.2,
        "trend": 25.067666,
        "fair_value": 32.194744,
        "relative_strength": 39.815234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.823048,
        "energy": 95.811848,
        "activity_lines": [
          32.596666,
          29.142909,
          26.440285,
          25.520129
        ]
      },
      {
        "date": "2024-08-09",
        "close": 36.82,
        "volume": 2944,
        "typical_volume": 48697.2,
        "trend": 25.511667,
        "fair_value": 32.001603,
        "relative_strength": 34.003843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.431544,
        "energy": 93.448952,
        "activity_lines": [
          34.754666,
          30.971454,
          27.593714,
          26.278344
        ]
      },
      {
        "date": "2024-08-16",
        "close": 34.970001,
        "volume": 3535,
        "typical_volume": 46479.6,
        "trend": 25.779,
        "fair_value": 31.84532,
        "relative_strength": 25.818506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.127884,
        "energy": 88.110763,
        "activity_lines": [
          35.457333,
          32.199636,
          28.495143,
          26.888559
        ]
      },
      {
        "date": "2024-08-23",
        "close": 33.220001,
        "volume": 1001,
        "typical_volume": 44570.1,
        "trend": 25.839667,
        "fair_value": 31.689038,
        "relative_strength": 17.668354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.474601,
        "energy": 86.446979,
        "activity_lines": [
          35.059334,
          32.863818,
          29.156476,
          27.368624
        ]
      },
      {
        "date": "2024-08-30",
        "close": 31.549999,
        "volume": 748,
        "typical_volume": 43387.9,
        "trend": 25.903,
        "fair_value": 31.516923,
        "relative_strength": 10.035531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.788494,
        "energy": 58.764313,
        "activity_lines": [
          33.862667,
          33.049636,
          29.616524,
          27.737032
        ]
      },
      {
        "date": "2024-09-06",
        "close": 29.969999,
        "volume": 1240,
        "typical_volume": 42634.9,
        "trend": 26.002,
        "fair_value": 31.345256,
        "relative_strength": 6.12984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.185701,
        "energy": 38.135436,
        "activity_lines": [
          32.164666,
          32.801272,
          29.885381,
          27.999419
        ]
      },
      {
        "date": "2024-09-13",
        "close": 28.469999,
        "volume": 911,
        "typical_volume": 41015.75,
        "trend": 26.134333,
        "fair_value": 31.188013,
        "relative_strength": -1.176647,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.47794,
        "energy": 30.537839,
        "activity_lines": [
          30.552666,
          32.19109,
          29.970571,
          28.158645
        ]
      },
      {
        "date": "2024-09-20",
        "close": 27.040001,
        "volume": 1241,
        "typical_volume": 40582.6,
        "trend": 26.185666,
        "fair_value": 31.008782,
        "relative_strength": -7.584453,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.637701,
        "energy": 28.801565,
        "activity_lines": [
          29.020666,
          31.244,
          29.893762,
          28.217075
        ]
      },
      {
        "date": "2024-09-27",
        "close": 25.68,
        "volume": 4441,
        "typical_volume": 39593.7,
        "trend": 26.258333,
        "fair_value": 30.830128,
        "relative_strength": -13.418591,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.88377,
        "energy": 27.362254,
        "activity_lines": [
          27.564,
          30.052727,
          29.669619,
          28.184451
        ]
      },
      {
        "date": "2024-10-04",
        "close": 29.92,
        "volume": 92810,
        "typical_volume": 42718.75,
        "trend": 26.435666,
        "fair_value": 30.662949,
        "relative_strength": 5.28969,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.275553,
        "energy": 23.942671,
        "activity_lines": [
          28.023333,
          29.703454,
          29.836524,
          28.420688
        ]
      },
      {
        "date": "2024-10-11",
        "close": 26.17,
        "volume": 84328,
        "typical_volume": 45986.3,
        "trend": 26.599666,
        "fair_value": 30.467244,
        "relative_strength": -7.554979,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.332021,
        "energy": 23.558604,
        "activity_lines": [
          27.341333,
          28.708909,
          29.618809,
          28.403548
        ]
      },
      {
        "date": "2024-10-18",
        "close": 25.540001,
        "volume": 130863,
        "typical_volume": 50672.55,
        "trend": 26.754333,
        "fair_value": 30.246346,
        "relative_strength": -8.741492,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.842737,
        "energy": 31.181911,
        "activity_lines": [
          26.702667,
          27.828727,
          29.330048,
          28.335183
        ]
      },
      {
        "date": "2024-10-25",
        "close": 23.42,
        "volume": 47891,
        "typical_volume": 51151.55,
        "trend": 26.883333,
        "fair_value": 30.041667,
        "relative_strength": -13.267147,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.654612,
        "energy": 45.133444,
        "activity_lines": [
          25.552667,
          26.768182,
          28.823952,
          28.120064
        ]
      },
      {
        "date": "2024-11-01",
        "close": 29.67,
        "volume": 39881,
        "typical_volume": 51940.2,
        "trend": 27.060667,
        "fair_value": 29.873205,
        "relative_strength": 9.686117,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -11.111986,
        "energy": 27.55794,
        "activity_lines": [
          26.727334,
          27.054,
          28.903714,
          28.299849
        ]
      },
      {
        "date": "2024-11-08",
        "close": 31.15,
        "volume": 8371,
        "typical_volume": 50910.7,
        "trend": 27.332333,
        "fair_value": 29.71359,
        "relative_strength": 15.860108,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 36.351855,
        "energy": 18.712539,
        "activity_lines": [
          28.129333,
          27.673455,
          29.095571,
          28.563677
        ]
      },
      {
        "date": "2024-11-15",
        "close": 29.59,
        "volume": 22983,
        "typical_volume": 48724.65,
        "trend": 27.605333,
        "fair_value": 29.537564,
        "relative_strength": 12.693627,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 31.438728,
        "energy": 20.662308,
        "activity_lines": [
          28.929333,
          28.016546,
          29.102286,
          28.709333
        ]
      },
      {
        "date": "2024-11-22",
        "close": 28.110001,
        "volume": 1388,
        "typical_volume": 47260.0,
        "trend": 27.774,
        "fair_value": 29.37,
        "relative_strength": 5.107581,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 32.737943,
        "energy": 27.095268,
        "activity_lines": [
          29.008,
          28.097455,
          28.946524,
          28.741892
        ]
      },
      {
        "date": "2024-11-29",
        "close": 26.700001,
        "volume": 1537,
        "typical_volume": 43830.4,
        "trend": 27.887333,
        "fair_value": 29.192436,
        "relative_strength": -1.252013,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 9.908537,
        "energy": 12.55543,
        "activity_lines": [
          28.445334,
          27.928546,
          28.638048,
          28.672602
        ]
      },
      {
        "date": "2024-12-06",
        "close": 25.360001,
        "volume": 3031,
        "typical_volume": 37079.7,
        "trend": 27.966,
        "fair_value": 28.997628,
        "relative_strength": -8.120222,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -30.234722,
        "energy": 19.690403,
        "activity_lines": [
          27.217334,
          27.522182,
          28.204381,
          28.509549
        ]
      },
      {
        "date": "2024-12-13",
        "close": 24.52,
        "volume": 14327,
        "typical_volume": 31724.8,
        "trend": 27.978333,
        "fair_value": 28.783013,
        "relative_strength": -11.373928,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -36.553508,
        "energy": 47.378796,
        "activity_lines": [
          25.996667,
          26.96891,
          27.710857,
          28.287226
        ]
      },
      {
        "date": "2024-12-20",
        "close": 24.49,
        "volume": 17290,
        "typical_volume": 24038.05,
        "trend": 27.999667,
        "fair_value": 28.562115,
        "relative_strength": -7.153422,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.792123,
        "energy": 55.091276,
        "activity_lines": [
          25.208,
          26.508364,
          27.249762,
          28.062172
        ]
      },
      {
        "date": "2024-12-27",
        "close": 23.26,
        "volume": 2400,
        "typical_volume": 24010.85,
        "trend": 28.031667,
        "fair_value": 28.314103,
        "relative_strength": -12.710218,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.237915,
        "energy": 71.944816,
        "activity_lines": [
          24.349334,
          25.854728,
          26.739476,
          27.756387
        ]
      },
      {
        "date": "2025-01-03",
        "close": 25.549999,
        "volume": 12704,
        "typical_volume": 24469.3,
        "trend": 28.168333,
        "fair_value": 28.104167,
        "relative_strength": -5.009122,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.337982,
        "energy": 64.12261,
        "activity_lines": [
          24.577333,
          25.658909,
          26.511857,
          27.59628
        ]
      },
      {
        "date": "2025-01-10",
        "close": 29.549999,
        "volume": 80762,
        "typical_volume": 28457.35,
        "trend": 28.366333,
        "fair_value": 27.897436,
        "relative_strength": 12.188428,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.939739,
        "energy": 19.999481,
        "activity_lines": [
          26.215333,
          26.151636,
          26.710048,
          27.685419
        ]
      },
      {
        "date": "2025-01-17",
        "close": 28.07,
        "volume": 879,
        "typical_volume": 28463.9,
        "trend": 28.519667,
        "fair_value": 27.696282,
        "relative_strength": 7.685587,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.618835,
        "energy": 16.779343,
        "activity_lines": [
          27.080666,
          26.377454,
          26.784762,
          27.666301
        ]
      },
      {
        "date": "2025-01-24",
        "close": 26.66,
        "volume": 50,
        "typical_volume": 28404.4,
        "trend": 28.572667,
        "fair_value": 27.513013,
        "relative_strength": 3.327008,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.689653,
        "energy": 23.097223,
        "activity_lines": [
          27.239333,
          26.402909,
          26.741762,
          27.546323
        ]
      },
      {
        "date": "2025-01-31",
        "close": 25.32,
        "volume": 1520,
        "typical_volume": 28434.85,
        "trend": 28.608667,
        "fair_value": 27.325321,
        "relative_strength": -3.137597,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.327745,
        "energy": 27.847902,
        "activity_lines": [
          26.806666,
          26.238,
          26.586905,
          27.336473
        ]
      },
      {
        "date": "2025-02-07",
        "close": 24.09,
        "volume": 2803,
        "typical_volume": 28512.95,
        "trend": 28.504667,
        "fair_value": 27.168846,
        "relative_strength": -7.698187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.928665,
        "energy": 37.255176,
        "activity_lines": [
          25.826667,
          25.900182,
          26.329905,
          27.044946
        ]
      },
      {
        "date": "2025-02-14",
        "close": 22.879999,
        "volume": 13515,
        "typical_volume": 28966.65,
        "trend": 28.281,
        "fair_value": 27.025128,
        "relative_strength": -9.744806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.550473,
        "energy": 71.056744,
        "activity_lines": [
          24.540666,
          25.389818,
          25.971714,
          26.682064
        ]
      },
      {
        "date": "2025-02-21",
        "close": 21.73,
        "volume": 1968,
        "typical_volume": 24424.55,
        "trend": 27.941,
        "fair_value": 26.890385,
        "relative_strength": -13.486734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.645242,
        "energy": 83.768491,
        "activity_lines": [
          23.316,
          24.715454,
          25.517333,
          26.259419
        ]
      },
      {
        "date": "2025-02-28",
        "close": 20.639999,
        "volume": 5368,
        "typical_volume": 20476.55,
        "trend": 27.337,
        "fair_value": 26.732628,
        "relative_strength": -15.157072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.551063,
        "energy": 90.532941,
        "activity_lines": [
          22.150666,
          23.893636,
          24.998143,
          25.788387
        ]
      },
      {
        "date": "2025-03-07",
        "close": 18.459999,
        "volume": 82751,
        "typical_volume": 18070.95,
        "trend": 26.725,
        "fair_value": 26.56859,
        "relative_strength": -25.197686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.246342,
        "energy": 95.949873,
        "activity_lines": [
          20.659999,
          22.745454,
          24.297666,
          25.215677
        ]
      },
      {
        "date": "2025-03-14",
        "close": 16.41,
        "volume": 102345,
        "typical_volume": 20793.65,
        "trend": 26.106333,
        "fair_value": 26.404551,
        "relative_strength": -32.769118,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.051231,
        "energy": 96.979507,
        "activity_lines": [
          18.943333,
          21.311818,
          23.435666,
          24.550193
        ]
      },
      {
        "date": "2025-03-21",
        "close": 16.42,
        "volume": 68405,
        "typical_volume": 22219.85,
        "trend": 25.546333,
        "fair_value": 26.257244,
        "relative_strength": -35.196828,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.226615,
        "energy": 94.469765,
        "activity_lines": [
          17.742,
          20.046181,
          22.608,
          23.925269
        ]
      },
      {
        "date": "2025-03-28",
        "close": 13.3,
        "volume": 150984,
        "typical_volume": 29350.5,
        "trend": 24.938,
        "fair_value": 26.105321,
        "relative_strength": -47.599271,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.133099,
        "energy": 97.276124,
        "activity_lines": [
          15.931333,
          18.452,
          21.546285,
          23.135183
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.98,
        "volume": 91130,
        "typical_volume": 32757.85,
        "trend": 24.438333,
        "fair_value": 25.932436,
        "relative_strength": -38.930491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.975783,
        "energy": 89.997373,
        "activity_lines": [
          15.242667,
          17.431818,
          20.729571,
          22.492731
        ]
      },
      {
        "date": "2025-04-11",
        "close": 16.51,
        "volume": 59488,
        "typical_volume": 35662.85,
        "trend": 24.039667,
        "fair_value": 25.780256,
        "relative_strength": -32.105846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.34235,
        "energy": 85.124433,
        "activity_lines": [
          15.441333,
          16.902182,
          20.128143,
          21.981226
        ]
      },
      {
        "date": "2025-04-18",
        "close": 19.09,
        "volume": 26639,
        "typical_volume": 36917.95,
        "trend": 23.774667,
        "fair_value": 25.646218,
        "relative_strength": -24.637744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.819466,
        "energy": 65.223404,
        "activity_lines": [
          16.63,
          17.001818,
          19.827666,
          21.661892
        ]
      },
      {
        "date": "2025-04-25",
        "close": 20.040001,
        "volume": 27656,
        "typical_volume": 38149.2,
        "trend": 23.586667,
        "fair_value": 25.550641,
        "relative_strength": -21.227716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.930992,
        "energy": 44.555832,
        "activity_lines": [
          17.956667,
          17.365091,
          19.653905,
          21.420946
        ]
      },
      {
        "date": "2025-05-02",
        "close": 19.030001,
        "volume": 300,
        "typical_volume": 37447.85,
        "trend": 23.223667,
        "fair_value": 25.470385,
        "relative_strength": -25.798177,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.293794,
        "energy": 33.415926,
        "activity_lines": [
          18.705334,
          17.596364,
          19.409286,
          21.126968
        ]
      },
      {
        "date": "2025-05-09",
        "close": 19.030001,
        "volume": 0,
        "typical_volume": 36583.35,
        "trend": 22.985667,
        "fair_value": 25.394936,
        "relative_strength": -24.406083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.6983,
        "energy": 35.784607,
        "activity_lines": [
          19.072001,
          17.876728,
          19.19081,
          20.856409
        ]
      },
      {
        "date": "2025-05-16",
        "close": 17.16,
        "volume": 475,
        "typical_volume": 36487.1,
        "trend": 22.706333,
        "fair_value": 25.312949,
        "relative_strength": -34.120891,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.754351,
        "energy": 31.303252,
        "activity_lines": [
          18.545334,
          17.846364,
          18.820238,
          20.480559
        ]
      },
      {
        "date": "2025-05-23",
        "close": 16.34,
        "volume": 10972,
        "typical_volume": 36400.5,
        "trend": 22.470333,
        "fair_value": 25.246859,
        "relative_strength": -36.400214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.952197,
        "energy": 42.131015,
        "activity_lines": [
          17.702,
          17.690546,
          18.400619,
          20.069828
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.81,
        "volume": 4901,
        "typical_volume": 32607.45,
        "trend": 22.008333,
        "fair_value": 25.178654,
        "relative_strength": -37.802282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.691271,
        "energy": 54.198736,
        "activity_lines": [
          16.865334,
          17.439637,
          17.974381,
          19.640129
        ]
      },
      {
        "date": "2025-06-06",
        "close": 19.200001,
        "volume": 62832,
        "typical_volume": 35705.1,
        "trend": 21.61,
        "fair_value": 25.135385,
        "relative_strength": -25.013168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.94427,
        "energy": 41.927789,
        "activity_lines": [
          17.440667,
          17.816182,
          17.936429,
          19.458946
        ]
      },
      {
        "date": "2025-06-13",
        "close": 17.93,
        "volume": 61472,
        "typical_volume": 38776.2,
        "trend": 21.221333,
        "fair_value": 25.099679,
        "relative_strength": -28.791923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.826912,
        "energy": 33.069654,
        "activity_lines": [
          17.581334,
          17.854546,
          17.819762,
          19.221527
        ]
      },
      {
        "date": "2025-06-20",
        "close": 22.85,
        "volume": 68840,
        "typical_volume": 42142.2,
        "trend": 21.046,
        "fair_value": 25.098718,
        "relative_strength": -10.525514,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 9.447254,
        "energy": 13.821788,
        "activity_lines": [
          19.435334,
          18.733818,
          18.213238,
          19.326602
        ]
      },
      {
        "date": "2025-06-27",
        "close": 23.99,
        "volume": 5832,
        "typical_volume": 42293.65,
        "trend": 20.955667,
        "fair_value": 25.108269,
        "relative_strength": -7.797683,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 41.860799,
        "energy": 44.547792,
        "activity_lines": [
          21.29,
          19.705091,
          18.727048,
          19.516538
        ]
      },
      {
        "date": "2025-07-04",
        "close": 22.790001,
        "volume": 607,
        "typical_volume": 41648.25,
        "trend": 20.87,
        "fair_value": 25.107244,
        "relative_strength": -11.631599,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.414914,
        "energy": 62.965163,
        "activity_lines": [
          22.234667,
          20.369091,
          19.127048,
          19.634882
        ]
      },
      {
        "date": "2025-07-11",
        "close": 21.65,
        "volume": 2330,
        "typical_volume": 41666.35,
        "trend": 20.774333,
        "fair_value": 25.097949,
        "relative_strength": -14.608594,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.194917,
        "energy": 64.066523,
        "activity_lines": [
          22.334,
          20.775818,
          19.418905,
          19.685204
        ]
      },
      {
        "date": "2025-07-18",
        "close": 20.559999,
        "volume": 5650,
        "typical_volume": 41680.45,
        "trend": 20.643333,
        "fair_value": 25.041282,
        "relative_strength": -17.717599,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.493144,
        "energy": 58.462062,
        "activity_lines": [
          21.906667,
          20.936727,
          19.607334,
          19.671376
        ]
      },
      {
        "date": "2025-07-25",
        "close": 19.530001,
        "volume": 4706,
        "typical_volume": 37778.2,
        "trend": 20.519,
        "fair_value": 24.968718,
        "relative_strength": -20.664907,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.818591,
        "energy": 23.49858,
        "activity_lines": [
          20.960667,
          20.882546,
          19.698048,
          19.599549
        ]
      },
      {
        "date": "2025-08-01",
        "close": 18.26,
        "volume": 37833,
        "typical_volume": 34552.6,
        "trend": 20.276,
        "fair_value": 24.897628,
        "relative_strength": -23.783989,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -12.390628,
        "energy": 17.285405,
        "activity_lines": [
          19.812667,
          20.554364,
          19.662715,
          19.453807
        ]
      },
      {
        "date": "2025-08-08",
        "close": 19.48,
        "volume": 49828,
        "typical_volume": 33623.75,
        "trend": 19.940333,
        "fair_value": 24.843654,
        "relative_strength": -16.851013,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -3.523997,
        "energy": 17.106227,
        "activity_lines": [
          19.453333,
          20.413091,
          19.734762,
          19.402452
        ]
      },
      {
        "date": "2025-08-15",
        "close": 18.98,
        "volume": 22000,
        "typical_volume": 27174.55,
        "trend": 19.637333,
        "fair_value": 24.795128,
        "relative_strength": -18.804102,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -11.505457,
        "energy": 21.372912,
        "activity_lines": [
          19.148,
          20.114182,
          19.744619,
          19.340495
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.889999,
        "volume": 36097,
        "typical_volume": 24422.9,
        "trend": 19.378333,
        "fair_value": 24.754359,
        "relative_strength": -19.015342,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.151481,
        "energy": 19.879836,
        "activity_lines": [
          18.990666,
          19.802909,
          19.718857,
          19.29228
        ]
      },
      {
        "date": "2025-08-29",
        "close": 18.690001,
        "volume": 30559,
        "typical_volume": 22976.45,
        "trend": 19.157333,
        "fair_value": 24.704615,
        "relative_strength": -17.599233,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.440715,
        "energy": 16.969373,
        "activity_lines": [
          18.878,
          19.437818,
          19.655429,
          19.247871
        ]
      },
      {
        "date": "2025-09-05",
        "close": 16.68,
        "volume": 40882,
        "typical_volume": 23688.6,
        "trend": 18.910333,
        "fair_value": 24.60609,
        "relative_strength": -26.586244,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -36.425476,
        "energy": 37.630548,
        "activity_lines": [
          18.151333,
          18.782909,
          19.390191,
          19.088043
        ]
      },
      {
        "date": "2025-09-12",
        "close": 17.41,
        "volume": 58973,
        "typical_volume": 25254.45,
        "trend": 18.728,
        "fair_value": 24.505192,
        "relative_strength": -23.826176,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.950944,
        "energy": 41.908403,
        "activity_lines": [
          17.773333,
          18.393636,
          19.205952,
          18.991247
        ]
      },
      {
        "date": "2025-09-19",
        "close": 16.01,
        "volume": 36105,
        "typical_volume": 27044.7,
        "trend": 18.537333,
        "fair_value": 24.40141,
        "relative_strength": -29.924389,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.972892,
        "energy": 62.291051,
        "activity_lines": [
          17.066667,
          17.847636,
          18.900905,
          18.815893
        ]
      },
      {
        "date": "2025-09-26",
        "close": 16.700001,
        "volume": 31690,
        "typical_volume": 28629.2,
        "trend": 18.406,
        "fair_value": 24.312308,
        "relative_strength": -24.421746,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.012185,
        "energy": 61.30225,
        "activity_lines": [
          16.788,
          17.529637,
          18.675953,
          18.697355
        ]
      },
      {
        "date": "2025-10-03",
        "close": 16.799999,
        "volume": 30039,
        "typical_volume": 30107.4,
        "trend": 18.350667,
        "fair_value": 24.233462,
        "relative_strength": -23.849098,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.013172,
        "energy": 53.628227,
        "activity_lines": [
          16.688667,
          17.3,
          18.471619,
          18.593742
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18.17,
        "volume": 54592,
        "typical_volume": 32288.4,
        "trend": 18.409333,
        "fair_value": 24.170769,
        "relative_strength": -18.328759,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.619076,
        "energy": 28.876558,
        "activity_lines": [
          17.172,
          17.369091,
          18.399476,
          18.582086
        ]
      },
      {
        "date": "2025-10-17",
        "close": 17.98,
        "volume": 113990,
        "typical_volume": 37742.85,
        "trend": 18.461334,
        "fair_value": 24.115513,
        "relative_strength": -19.942795,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.018455,
        "energy": 13.940007,
        "activity_lines": [
          17.492667,
          17.405273,
          18.300524,
          18.554387
        ]
      },
      {
        "date": "2025-10-24",
        "close": 17.809999,
        "volume": 35561,
        "typical_volume": 36379.3,
        "trend": 18.611667,
        "fair_value": 24.066538,
        "relative_strength": -20.475107,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -35.968639,
        "energy": 18.077021,
        "activity_lines": [
          17.718666,
          17.437818,
          18.175048,
          18.512366
        ]
      },
      {
        "date": "2025-10-31",
        "close": 20.74,
        "volume": 53871,
        "typical_volume": 35999.25,
        "trend": 18.803667,
        "fair_value": 24.000769,
        "relative_strength": -6.268634,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -3.947752,
        "energy": 14.248161,
        "activity_lines": [
          18.801333,
          18.024363,
          18.335238,
          18.649677
        ]
      },
      {
        "date": "2025-11-07",
        "close": 23.99,
        "volume": 42912,
        "typical_volume": 34702.85,
        "trend": 19.053,
        "fair_value": 23.936282,
        "relative_strength": 10.25653,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 44.178787,
        "energy": 44.861597,
        "activity_lines": [
          20.698,
          19.168182,
          18.791571,
          18.98428
        ]
      },
      {
        "date": "2025-11-14",
        "close": 22.790001,
        "volume": 457,
        "typical_volume": 34434.1,
        "trend": 19.176333,
        "fair_value": 23.875,
        "relative_strength": 3.937433,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 45.569875,
        "energy": 64.920451,
        "activity_lines": [
          21.715334,
          19.997455,
          19.12819,
          19.225376
        ]
      },
      {
        "date": "2025-11-21",
        "close": 21.65,
        "volume": 1077,
        "typical_volume": 34457.6,
        "trend": 19.23,
        "fair_value": 23.816667,
        "relative_strength": -1.08444,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 53.31074,
        "energy": 70.884946,
        "activity_lines": [
          22.044667,
          20.508364,
          19.361952,
          19.384968
        ]
      },
      {
        "date": "2025-11-28",
        "close": 21.65,
        "volume": 0,
        "typical_volume": 34341.1,
        "trend": 19.317333,
        "fair_value": 23.767949,
        "relative_strength": -0.957646,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.614796,
        "energy": 75.04949,
        "activity_lines": [
          22.129334,
          20.942182,
          19.601143,
          19.541097
        ]
      },
      {
        "date": "2025-12-05",
        "close": 19.530001,
        "volume": 10205,
        "typical_volume": 34568.85,
        "trend": 19.334,
        "fair_value": 23.714936,
        "relative_strength": -10.015091,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.474559,
        "energy": 41.317502,
        "activity_lines": [
          21.251334,
          20.888,
          19.638429,
          19.554817
        ]
      },
      {
        "date": "2025-12-12",
        "close": 18.549999,
        "volume": 12005,
        "typical_volume": 34933.8,
        "trend": 19.380333,
        "fair_value": 23.664295,
        "relative_strength": -13.515264,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.83697,
        "energy": 14.006241,
        "activity_lines": [
          20.127333,
          20.604182,
          19.587286,
          19.504237
        ]
      },
      {
        "date": "2025-12-19",
        "close": 17.629999,
        "volume": 10074,
        "typical_volume": 33545.85,
        "trend": 19.423333,
        "fair_value": 23.599423,
        "relative_strength": -16.851861,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -24.503849,
        "energy": 26.810531,
        "activity_lines": [
          19.059333,
          20.121273,
          19.45319,
          19.391312
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17.280001,
        "volume": 5556,
        "typical_volume": 31332.25,
        "trend": 19.472333,
        "fair_value": 23.540962,
        "relative_strength": -18.136188,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.590317,
        "energy": 38.085936,
        "activity_lines": [
          18.218667,
          19.584546,
          19.288762,
          19.253032
        ]
      },
      {
        "date": "2026-01-02",
        "close": 18.35,
        "volume": 14321,
        "typical_volume": 30948.3,
        "trend": 19.444,
        "fair_value": 23.443526,
        "relative_strength": -13.256072,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -38.335753,
        "energy": 39.114718,
        "activity_lines": [
          18.026,
          19.255091,
          19.236714,
          19.180624
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.690001,
        "volume": 45503,
        "typical_volume": 31418.6,
        "trend": 19.436,
        "fair_value": 23.346667,
        "relative_strength": -13.084448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.395481,
        "energy": 47.717486,
        "activity_lines": [
          17.833334,
          18.795818,
          19.12481,
          19.067462
        ]
      },
      {
        "date": "2026-01-16",
        "close": 17.52,
        "volume": 18960,
        "typical_volume": 30838.65,
        "trend": 19.258333,
        "fair_value": 23.258974,
        "relative_strength": -12.840187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.762925,
        "energy": 44.849788,
        "activity_lines": [
          17.706667,
          18.361091,
          19.002429,
          18.94385
        ]
      },
      {
        "date": "2026-01-23",
        "close": 16.59,
        "volume": 24579,
        "typical_volume": 30023.5,
        "trend": 19.011667,
        "fair_value": 23.175256,
        "relative_strength": -14.302439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.755995,
        "energy": 41.726532,
        "activity_lines": [
          17.338667,
          17.874909,
          18.797048,
          18.771699
        ]
      },
      {
        "date": "2026-01-30",
        "close": 16.459999,
        "volume": 17849,
        "typical_volume": 27967.3,
        "trend": 18.800667,
        "fair_value": 23.1,
        "relative_strength": -14.984045,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.24277,
        "energy": 59.018544,
        "activity_lines": [
          16.996666,
          17.477818,
          18.579714,
          18.607075
        ]
      },
      {
        "date": "2026-02-06",
        "close": 16.969999,
        "volume": 19219,
        "typical_volume": 27123.0,
        "trend": 18.644667,
        "fair_value": 23.021923,
        "relative_strength": -12.828797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.815881,
        "energy": 59.803335,
        "activity_lines": [
          16.879333,
          17.267818,
          18.415476,
          18.488968
        ]
      },
      {
        "date": "2026-02-13",
        "close": 16.48,
        "volume": 34837,
        "typical_volume": 27280.35,
        "trend": 18.508667,
        "fair_value": 22.95,
        "relative_strength": -13.83874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.991004,
        "energy": 60.240795,
        "activity_lines": [
          16.690666,
          17.053818,
          18.2,
          18.349312
        ]
      },
      {
        "date": "2026-02-20",
        "close": 14.76,
        "volume": 98371,
        "typical_volume": 30696.95,
        "trend": 18.349667,
        "fair_value": 22.875705,
        "relative_strength": -22.386116,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.463232,
        "energy": 71.334267,
        "activity_lines": [
          16.009333,
          16.582545,
          17.821762,
          18.107462
        ]
      },
      {
        "date": "2026-02-27",
        "close": 11.82,
        "volume": 85332,
        "typical_volume": 32233.95,
        "trend": 18.135,
        "fair_value": 22.781923,
        "relative_strength": -36.111001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.635377,
        "energy": 83.692518,
        "activity_lines": [
          14.532,
          15.645636,
          17.173238,
          17.686193
        ]
      },
      {
        "date": "2026-03-06",
        "close": 9.64,
        "volume": 186089,
        "typical_volume": 35838.9,
        "trend": 17.807,
        "fair_value": 22.670962,
        "relative_strength": -45.739898,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.22611,
        "energy": 95.790757,
        "activity_lines": [
          12.646,
          14.418,
          16.347333,
          17.138129
        ]
      },
      {
        "date": "2026-03-13",
        "close": 9.23,
        "volume": 253327,
        "typical_volume": 46727.2,
        "trend": 17.482,
        "fair_value": 22.548077,
        "relative_strength": -44.642495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.684146,
        "energy": 95.034453,
        "activity_lines": [
          11.078,
          13.254727,
          15.522095,
          16.584774
        ]
      },
      {
        "date": "2026-03-20",
        "close": 10.15,
        "volume": 43123,
        "typical_volume": 46189.8,
        "trend": 17.190667,
        "fair_value": 22.44359,
        "relative_strength": -38.595352,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.94682,
        "energy": 89.683178,
        "activity_lines": [
          10.332667,
          12.424545,
          14.825333,
          16.111742
        ]
      },
      {
        "date": "2026-03-27",
        "close": 10.47,
        "volume": 50240,
        "typical_volume": 46556.2,
        "trend": 16.916667,
        "fair_value": 22.372244,
        "relative_strength": -35.656303,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.178688,
        "energy": 87.915995,
        "activity_lines": [
          10.116,
          11.789636,
          14.209476,
          15.67815
        ]
      },
      {
        "date": "2026-04-03",
        "close": 10.32,
        "volume": 11071,
        "typical_volume": 47086.9,
        "trend": 16.704667,
        "fair_value": 22.319167,
        "relative_strength": -35.935794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.425662,
        "energy": 81.252636,
        "activity_lines": [
          10.135333,
          11.255636,
          13.643714,
          15.252559
        ]
      },
      {
        "date": "2026-04-10",
        "close": 11.0,
        "volume": 31625,
        "typical_volume": 48614.3,
        "trend": 16.491,
        "fair_value": 22.287756,
        "relative_strength": -35.043762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.120421,
        "energy": 63.83433,
        "activity_lines": [
          10.481333,
          10.959273,
          13.202095,
          14.884516
        ]
      },
      {
        "date": "2026-04-17",
        "close": 11.66,
        "volume": 1275,
        "typical_volume": 48678.05,
        "trend": 16.346,
        "fair_value": 22.251282,
        "relative_strength": -31.400394,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.897746,
        "energy": 55.804119,
        "activity_lines": [
          10.956667,
          10.882182,
          12.874048,
          14.572839
        ]
      },
      {
        "date": "2026-04-24",
        "close": 12.85,
        "volume": 3815,
        "typical_volume": 48358.55,
        "trend": 16.217667,
        "fair_value": 22.211538,
        "relative_strength": -22.32458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.433382,
        "energy": 45.841189,
        "activity_lines": [
          11.666667,
          11.118,
          12.706905,
          14.34729
        ]
      },
      {
        "date": "2026-05-01",
        "close": 13.89,
        "volume": 8675,
        "typical_volume": 48192.05,
        "trend": 16.120667,
        "fair_value": 22.169167,
        "relative_strength": -15.912718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.030952,
        "energy": 33.37314,
        "activity_lines": [
          12.543333,
          11.608909,
          12.670619,
          14.197118
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.31,
        "volume": 38534,
        "typical_volume": 49615.05,
        "trend": 16.025333,
        "fair_value": 22.123077,
        "relative_strength": -7.589528,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -5.933452,
        "energy": 29.09978,
        "activity_lines": [
          13.665333,
          12.373818,
          12.791762,
          14.144817
        ]
      },
      {
        "date": "2026-05-15",
        "close": 15.66,
        "volume": 57493,
        "typical_volume": 52211.9,
        "trend": 15.948,
        "fair_value": 22.064808,
        "relative_strength": -3.283659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 16.744876,
        "energy": 38.10067,
        "activity_lines": [
          14.571333,
          13.138909,
          12.957286,
          14.121247
        ]
      },
      {
        "date": "2026-05-22",
        "close": 15.5,
        "volume": 44558,
        "typical_volume": 53723.75,
        "trend": 15.871,
        "fair_value": 21.989808,
        "relative_strength": -4.567062,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 14.292714,
        "energy": 42.134293,
        "activity_lines": [
          15.113333,
          13.765455,
          13.115286,
          14.092344
        ]
      },
      {
        "date": "2026-05-29",
        "close": 14.98,
        "volume": 30176,
        "typical_volume": 52957.4,
        "trend": 15.679,
        "fair_value": 21.921731,
        "relative_strength": -7.089932,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 9.269671,
        "energy": 44.75,
        "activity_lines": [
          15.226,
          14.183455,
          13.237333,
          14.03486
        ]
      },
      {
        "date": "2026-06-05",
        "close": 14.13,
        "volume": 1845,
        "typical_volume": 52101.65,
        "trend": 15.350333,
        "fair_value": 21.84532,
        "relative_strength": -11.27614,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 8.110389,
        "energy": 53.094919,
        "activity_lines": [
          14.913333,
          14.359091,
          13.291333,
          13.934925
        ]
      },
      {
        "date": "2026-06-12",
        "close": 12.93,
        "volume": 6739,
        "typical_volume": 51209.65,
        "trend": 15.021667,
        "fair_value": 21.771795,
        "relative_strength": -19.286195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.2816,
        "energy": 21.509952,
        "activity_lines": [
          14.184667,
          14.25,
          13.24719,
          13.778774
        ]
      },
      {
        "date": "2026-06-19",
        "close": 13.48,
        "volume": 9915,
        "typical_volume": 50812.95,
        "trend": 14.749333,
        "fair_value": 21.709487,
        "relative_strength": -16.393854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.240641,
        "energy": 25.361387,
        "activity_lines": [
          13.798,
          14.193455,
          13.272857,
          13.679312
        ]
      },
      {
        "date": "2026-06-26",
        "close": 13.08,
        "volume": 0,
        "typical_volume": 49852.0,
        "trend": 14.463667,
        "fair_value": 21.640769,
        "relative_strength": -18.099907,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -35.932567,
        "energy": 36.742657,
        "activity_lines": [
          13.423333,
          14.019091,
          13.274619,
          13.571613
        ]
      },
      {
        "date": "2026-07-03",
        "close": 12.86,
        "volume": 2406,
        "typical_volume": 48230.45,
        "trend": 14.241333,
        "fair_value": 21.553974,
        "relative_strength": -19.336833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.730863,
        "energy": 41.273097,
        "activity_lines": [
          13.136667,
          13.778909,
          13.273952,
          13.468151
        ]
      },
      {
        "date": "2026-07-10",
        "close": 13.0,
        "volume": 23233,
        "typical_volume": 44473.55,
        "trend": 14.056333,
        "fair_value": 21.455577,
        "relative_strength": -17.460831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.014882,
        "energy": 36.05935,
        "activity_lines": [
          13.038,
          13.564,
          13.303857,
          13.388064
        ]
      },
      {
        "date": "2026-07-17",
        "close": 12.89,
        "volume": 22526,
        "typical_volume": 41333.25,
        "trend": 13.898333,
        "fair_value": 21.36,
        "relative_strength": -17.874716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.502109,
        "energy": 31.69653,
        "activity_lines": [
          12.978,
          13.345273,
          13.331667,
          13.312817
        ]
      },
      {
        "date": "2026-07-24",
        "close": 12.28,
        "volume": 7338,
        "typical_volume": 32395.7,
        "trend": 13.731667,
        "fair_value": 21.277179,
        "relative_strength": -19.245935,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.909562,
        "energy": 42.348712,
        "activity_lines": [
          12.717333,
          13.059636,
          13.296286,
          13.208409
        ]
      },
      {
        "date": "2026-07-31",
        "close": 12.35,
        "volume": 39248,
        "typical_volume": 21691.75,
        "trend": 13.531667,
        "fair_value": 21.207949,
        "relative_strength": -20.27026,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.490404,
        "energy": 48.06259,
        "activity_lines": [
          12.56,
          12.848182,
          13.255,
          13.119269
        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.53,
        "volume": 48266,
        "typical_volume": 21948.9,
        "trend": 13.359667,
        "fair_value": 21.139231,
        "relative_strength": -19.014009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.839965,
        "energy": 53.029603,
        "activity_lines": [
          12.511333,
          12.726727,
          13.216,
          13.054645
        ]
      }
    ],
    "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."
    }
  }
}