{
  "ticker": {
    "uuid": "64615cca-2c7e-4bf8-904b-dadcb65b38a1",
    "symbol": "5878",
    "name": "Taiming Assurance Broker Co.,Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "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": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 94.186,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -63.588,
    "architecture_energy": 53.342,
    "architecture_maturity": 36.546,
    "architecture_confidence": 91.41,
    "architecture_tenure": "Established",
    "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": 6.1,
        "rotation_up": 19.06,
        "upward_expansion": 8.19,
        "deceleration": 55.12,
        "rotation_down": 63.49,
        "downward_expansion": 83.85
      },
      "activity_lines": [
        38.453334,
        38.666364,
        39.234876,
        39.709528
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": -0.833333
    },
    "latest_close": 38.5,
    "trend_reference": 40.306533,
    "distance_from_trend": -0.04482,
    "trend_direction": "Weakening",
    "fair_value": 42.295661,
    "distance_from_fair_value": -0.089741,
    "fair_value_direction": "Weakening",
    "relative_strength": -33.251843,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.072066,
    "excess_performance": -0.513438,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.04482,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.017291,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.089741,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.038232,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.332518,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.012203,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.072066,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.369086,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 25010,
      "relative_activity": 0.499391,
      "balance": 0.369086,
      "dry_up": 0.569423,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.021743,
      "annualized_volatility": 0.072978,
      "from_high_reference": -0.09167,
      "from_low_reference": 0.013158
    },
    "levels": {
      "trend_reference": 40.306533,
      "fair_value_reference": 42.295661,
      "structural_low": 38.0,
      "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": 13,
        "median_return": -0.001095,
        "positive_rate": 0.461538,
        "directional_follow_through": 0.538462,
        "median_excess_return": -0.028339,
        "regime_survival": 0.846154,
        "best_return": 0.03494,
        "worst_return": -0.089912,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.013015,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.090679,
        "regime_survival": 0.333333,
        "best_return": 0.007338,
        "worst_return": -0.045445,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.005873,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.168159,
        "regime_survival": 0.0,
        "best_return": 0.046122,
        "worst_return": -0.057868,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.020791,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.294698,
        "regime_survival": 0.5,
        "best_return": 0.01743,
        "worst_return": -0.059012,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-22",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.019149,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-20",
        "end": "2025-06-20",
        "tenure": "Established",
        "return": -0.049865,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-27",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.031553,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-05",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.00239,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-09-26",
        "tenure": "New",
        "return": -0.009569,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-10-24",
        "tenure": "New",
        "return": -0.004843,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-31",
        "end": "2025-11-07",
        "tenure": "New",
        "return": 0.001215,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-14",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.006053,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.007317,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-19",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": 0.006024,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-06",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.004796,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": -0.016746,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-01",
        "end": "2026-05-15",
        "tenure": "New",
        "return": -0.004902,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-22",
        "end": "2026-08-14",
        "tenure": "Established",
        "return": -0.056223,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 43.437378,
        "volume": 20000,
        "typical_volume": 19250.0,
        "trend": 41.97857,
        "fair_value": 38.27307,
        "relative_strength": -3.261522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.65481,
        "energy": 62.191754,
        "activity_lines": [
          43.446343,
          43.38711,
          42.875676,
          42.491462
        ]
      },
      {
        "date": "2023-08-18",
        "close": 43.482204,
        "volume": 12000,
        "typical_volume": 19250.0,
        "trend": 42.079841,
        "fair_value": 38.330596,
        "relative_strength": -1.883313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.378199,
        "energy": 59.902149,
        "activity_lines": [
          43.458297,
          43.430857,
          42.973262,
          42.588471
        ]
      },
      {
        "date": "2023-08-25",
        "close": 43.392551,
        "volume": 10000,
        "typical_volume": 19400.0,
        "trend": 42.159754,
        "fair_value": 38.384203,
        "relative_strength": -2.675452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.315016,
        "energy": 54.366617,
        "activity_lines": [
          43.440366,
          43.430042,
          43.052688,
          42.673162
        ]
      },
      {
        "date": "2023-09-01",
        "close": 43.482204,
        "volume": 30000,
        "typical_volume": 20300.0,
        "trend": 42.244067,
        "fair_value": 38.437668,
        "relative_strength": -3.396193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.381677,
        "energy": 49.998372,
        "activity_lines": [
          43.45232,
          43.442268,
          43.130246,
          42.758481
        ]
      },
      {
        "date": "2023-09-08",
        "close": 43.527031,
        "volume": 31000,
        "typical_volume": 21500.0,
        "trend": 42.338354,
        "fair_value": 38.489509,
        "relative_strength": -2.788367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.52061,
        "energy": 47.642975,
        "activity_lines": [
          43.476227,
          43.461828,
          43.204873,
          42.841253
        ]
      },
      {
        "date": "2023-09-15",
        "close": 43.571854,
        "volume": 4000,
        "typical_volume": 21650.0,
        "trend": 42.42707,
        "fair_value": 38.541876,
        "relative_strength": -4.525157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.840455,
        "energy": 56.559779,
        "activity_lines": [
          43.512087,
          43.484649,
          43.275952,
          42.920834
        ]
      },
      {
        "date": "2023-09-22",
        "close": 43.392551,
        "volume": 22000,
        "typical_volume": 22150.0,
        "trend": 42.502742,
        "fair_value": 38.595005,
        "relative_strength": -1.466317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.544931,
        "energy": 49.957081,
        "activity_lines": [
          43.479215,
          43.470793,
          43.321924,
          42.983123
        ]
      },
      {
        "date": "2023-09-29",
        "close": 43.482204,
        "volume": 4000,
        "typical_volume": 21700.0,
        "trend": 42.581404,
        "fair_value": 38.649187,
        "relative_strength": -1.194698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.117037,
        "energy": 46.496495,
        "activity_lines": [
          43.482203,
          43.474868,
          43.36845,
          43.046314
        ]
      },
      {
        "date": "2023-10-06",
        "close": 43.482204,
        "volume": 18000,
        "typical_volume": 21000.0,
        "trend": 42.657239,
        "fair_value": 38.705758,
        "relative_strength": -1.952282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.490568,
        "energy": 42.282119,
        "activity_lines": [
          43.479215,
          43.477314,
          43.406162,
          43.10443
        ]
      },
      {
        "date": "2023-10-13",
        "close": 43.347721,
        "volume": 5000,
        "typical_volume": 20200.0,
        "trend": 42.725765,
        "fair_value": 38.762183,
        "relative_strength": -3.552342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.589203,
        "energy": 30.523568,
        "activity_lines": [
          43.431399,
          43.454492,
          43.422251,
          43.148977
        ]
      },
      {
        "date": "2023-10-20",
        "close": 43.347721,
        "volume": 23000,
        "typical_volume": 20100.0,
        "trend": 42.788638,
        "fair_value": 38.815502,
        "relative_strength": -1.259498,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.928516,
        "energy": 25.106452,
        "activity_lines": [
          43.395537,
          43.434116,
          43.429761,
          43.189104
        ]
      },
      {
        "date": "2023-10-27",
        "close": 43.302895,
        "volume": 27000,
        "typical_volume": 19600.0,
        "trend": 42.850017,
        "fair_value": 38.86949,
        "relative_strength": 0.827871,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.263666,
        "energy": 14.764021,
        "activity_lines": [
          43.359676,
          43.40722,
          43.425636,
          43.222282
        ]
      },
      {
        "date": "2023-11-03",
        "close": 43.168415,
        "volume": 25000,
        "typical_volume": 17650.0,
        "trend": 42.915393,
        "fair_value": 38.928827,
        "relative_strength": -1.399738,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.931857,
        "energy": 11.725977,
        "activity_lines": [
          43.284964,
          43.359133,
          43.402155,
          43.242823
        ]
      },
      {
        "date": "2023-11-10",
        "close": 42.540836,
        "volume": 40000,
        "typical_volume": 19350.0,
        "trend": 42.934412,
        "fair_value": 38.983662,
        "relative_strength": -3.496301,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -17.169641,
        "energy": 23.92466,
        "activity_lines": [
          43.021979,
          43.201016,
          43.319119,
          43.218658
        ]
      },
      {
        "date": "2023-11-17",
        "close": 42.675316,
        "volume": 12000,
        "typical_volume": 19000.0,
        "trend": 42.96074,
        "fair_value": 39.037449,
        "relative_strength": -5.89347,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.580124,
        "energy": 38.714606,
        "activity_lines": [
          42.866579,
          43.084465,
          43.253159,
          43.201942
        ]
      },
      {
        "date": "2023-11-24",
        "close": 43.033936,
        "volume": 8000,
        "typical_volume": 18300.0,
        "trend": 42.999023,
        "fair_value": 39.094491,
        "relative_strength": -5.334943,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.938749,
        "energy": 35.747045,
        "activity_lines": [
          42.875545,
          43.048604,
          43.224128,
          43.206665
        ]
      },
      {
        "date": "2023-12-01",
        "close": 43.033936,
        "volume": 13000,
        "typical_volume": 17650.0,
        "trend": 43.042958,
        "fair_value": 39.153443,
        "relative_strength": -5.977263,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.452756,
        "energy": 41.174112,
        "activity_lines": [
          42.905431,
          43.022523,
          43.196592,
          43.208917
        ]
      },
      {
        "date": "2023-12-08",
        "close": 42.944283,
        "volume": 13000,
        "typical_volume": 17500.0,
        "trend": 43.086731,
        "fair_value": 39.20991,
        "relative_strength": -5.716108,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.317139,
        "energy": 21.202679,
        "activity_lines": [
          42.923362,
          42.986662,
          43.162652,
          43.202551
        ]
      },
      {
        "date": "2023-12-15",
        "close": 42.899452,
        "volume": 42000,
        "typical_volume": 19250.0,
        "trend": 43.129009,
        "fair_value": 39.266328,
        "relative_strength": -7.139175,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -23.210241,
        "energy": 15.297558,
        "activity_lines": [
          42.941293,
          42.952431,
          43.126576,
          43.190469
        ]
      },
      {
        "date": "2023-12-22",
        "close": 42.764973,
        "volume": 31000,
        "typical_volume": 19500.0,
        "trend": 43.169631,
        "fair_value": 39.322123,
        "relative_strength": -6.777516,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.575905,
        "energy": 28.981455,
        "activity_lines": [
          42.890489,
          42.904344,
          43.080255,
          43.166982
        ]
      },
      {
        "date": "2023-12-29",
        "close": 42.675316,
        "volume": 20000,
        "typical_volume": 19500.0,
        "trend": 43.198786,
        "fair_value": 39.377821,
        "relative_strength": -8.40406,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.706875,
        "energy": 33.473999,
        "activity_lines": [
          42.803822,
          42.850551,
          43.028811,
          43.135091
        ]
      },
      {
        "date": "2024-01-05",
        "close": 42.764973,
        "volume": 7000,
        "typical_volume": 19250.0,
        "trend": 43.22669,
        "fair_value": 39.433616,
        "relative_strength": -5.757845,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.196984,
        "energy": 39.154627,
        "activity_lines": [
          42.770949,
          42.825285,
          42.989534,
          43.107103
        ]
      },
      {
        "date": "2024-01-12",
        "close": 42.854626,
        "volume": 13000,
        "typical_volume": 19400.0,
        "trend": 43.214736,
        "fair_value": 39.491897,
        "relative_strength": -5.272433,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.960397,
        "energy": 38.889385,
        "activity_lines": [
          42.785891,
          42.8261,
          42.962211,
          43.083099
        ]
      },
      {
        "date": "2024-01-19",
        "close": 42.675316,
        "volume": 11000,
        "typical_volume": 18450.0,
        "trend": 43.189334,
        "fair_value": 39.54855,
        "relative_strength": -6.349344,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.328861,
        "energy": 40.293844,
        "activity_lines": [
          42.747041,
          42.800018,
          42.920372,
          43.048298
        ]
      },
      {
        "date": "2024-01-26",
        "close": 42.854626,
        "volume": 10000,
        "typical_volume": 17400.0,
        "trend": 43.175886,
        "fair_value": 39.606114,
        "relative_strength": -7.342746,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.682575,
        "energy": 28.322875,
        "activity_lines": [
          42.782902,
          42.804094,
          42.899453,
          43.026704
        ]
      },
      {
        "date": "2024-02-02",
        "close": 42.720146,
        "volume": 15000,
        "typical_volume": 17950.0,
        "trend": 43.154967,
        "fair_value": 39.658755,
        "relative_strength": -7.786555,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.768559,
        "energy": 29.471853,
        "activity_lines": [
          42.76796,
          42.780458,
          42.868928,
          42.997301
        ]
      },
      {
        "date": "2024-02-09",
        "close": 42.720146,
        "volume": 0,
        "typical_volume": 16850.0,
        "trend": 43.129565,
        "fair_value": 39.714741,
        "relative_strength": -7.797661,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.199834,
        "energy": 32.561,
        "activity_lines": [
          42.75003,
          42.762527,
          42.842459,
          42.969248
        ]
      },
      {
        "date": "2024-02-16",
        "close": 42.764973,
        "volume": 5000,
        "typical_volume": 16900.0,
        "trend": 43.108646,
        "fair_value": 39.772447,
        "relative_strength": -10.003663,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.127828,
        "energy": 29.416754,
        "activity_lines": [
          42.75003,
          42.758452,
          42.823461,
          42.945726
        ]
      },
      {
        "date": "2024-02-23",
        "close": 42.764973,
        "volume": 91000,
        "typical_volume": 20550.0,
        "trend": 43.086232,
        "fair_value": 39.827525,
        "relative_strength": -11.086883,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.461551,
        "energy": 29.062783,
        "activity_lines": [
          42.756008,
          42.757637,
          42.807878,
          42.923554
        ]
      },
      {
        "date": "2024-03-01",
        "close": 43.482204,
        "volume": 42000,
        "typical_volume": 22400.0,
        "trend": 43.086232,
        "fair_value": 39.886484,
        "relative_strength": -9.587795,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 10.087267,
        "energy": 13.079849,
        "activity_lines": [
          42.995085,
          42.889673,
          42.864019,
          42.9491
        ]
      },
      {
        "date": "2024-03-08",
        "close": 43.033936,
        "volume": 63000,
        "typical_volume": 24400.0,
        "trend": 43.072784,
        "fair_value": 39.937553,
        "relative_strength": -14.049557,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.716283,
        "energy": 18.014213,
        "activity_lines": [
          43.0429,
          42.927165,
          42.876827,
          42.945726
        ]
      },
      {
        "date": "2024-03-15",
        "close": 43.033936,
        "volume": 46000,
        "typical_volume": 25350.0,
        "trend": 43.057842,
        "fair_value": 39.982651,
        "relative_strength": -13.280475,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.0226,
        "energy": 21.000957,
        "activity_lines": [
          43.069797,
          42.958137,
          42.891129,
          42.94322
        ]
      },
      {
        "date": "2024-03-22",
        "close": 43.078762,
        "volume": 44000,
        "typical_volume": 26300.0,
        "trend": 43.047382,
        "fair_value": 40.028991,
        "relative_strength": -15.225444,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.705516,
        "energy": 23.307108,
        "activity_lines": [
          43.090716,
          42.992368,
          42.910981,
          42.94457
        ]
      },
      {
        "date": "2024-03-29",
        "close": 43.258068,
        "volume": 35000,
        "typical_volume": 26050.0,
        "trend": 43.039911,
        "fair_value": 40.075525,
        "relative_strength": -14.835683,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.730106,
        "energy": 30.399185,
        "activity_lines": [
          43.150485,
          43.055126,
          42.948336,
          42.958162
        ]
      },
      {
        "date": "2024-04-05",
        "close": 43.123585,
        "volume": 11000,
        "typical_volume": 26000.0,
        "trend": 43.026463,
        "fair_value": 40.119524,
        "relative_strength": -14.965884,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.279776,
        "energy": 20.302354,
        "activity_lines": [
          43.132553,
          43.082836,
          42.969469,
          42.963561
        ]
      },
      {
        "date": "2024-04-12",
        "close": 43.213242,
        "volume": 40000,
        "typical_volume": 27600.0,
        "trend": 43.014509,
        "fair_value": 40.161232,
        "relative_strength": -16.072003,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.871988,
        "energy": 24.919143,
        "activity_lines": [
          43.168414,
          43.121958,
          42.997005,
          42.975611
        ]
      },
      {
        "date": "2024-04-19",
        "close": 43.123585,
        "volume": 17000,
        "typical_volume": 27800.0,
        "trend": 43.005544,
        "fair_value": 40.203082,
        "relative_strength": -10.729523,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.038399,
        "energy": 21.953255,
        "activity_lines": [
          43.162436,
          43.135813,
          43.015149,
          42.982648
        ]
      },
      {
        "date": "2024-04-26",
        "close": 43.168415,
        "volume": 16000,
        "typical_volume": 27950.0,
        "trend": 42.995084,
        "fair_value": 40.245457,
        "relative_strength": -12.904525,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.572466,
        "energy": 18.96615,
        "activity_lines": [
          43.165425,
          43.150484,
          43.037136,
          42.993156
        ]
      },
      {
        "date": "2024-05-03",
        "close": 43.168415,
        "volume": 38000,
        "typical_volume": 27750.0,
        "trend": 42.984624,
        "fair_value": 40.287594,
        "relative_strength": -13.434185,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.742638,
        "energy": 29.973593,
        "activity_lines": [
          43.162437,
          43.157819,
          43.058055,
          43.004339
        ]
      },
      {
        "date": "2024-05-10",
        "close": 43.302895,
        "volume": 42000,
        "typical_volume": 28300.0,
        "trend": 42.98313,
        "fair_value": 40.329877,
        "relative_strength": -14.352552,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.182543,
        "energy": 31.29507,
        "activity_lines": [
          43.210253,
          43.18227,
          43.090501,
          43.024872
        ]
      },
      {
        "date": "2024-05-17",
        "close": 43.258068,
        "volume": 38000,
        "typical_volume": 29200.0,
        "trend": 42.980142,
        "fair_value": 40.37235,
        "relative_strength": -16.297981,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.447711,
        "energy": 30.63361,
        "activity_lines": [
          43.231172,
          43.201831,
          43.116117,
          43.04261
        ]
      },
      {
        "date": "2024-05-24",
        "close": 43.392551,
        "volume": 11000,
        "typical_volume": 29400.0,
        "trend": 42.98313,
        "fair_value": 40.417357,
        "relative_strength": -16.900534,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 61.894707,
        "energy": 41.810629,
        "activity_lines": [
          43.29393,
          43.241768,
          43.151765,
          43.069217
        ]
      },
      {
        "date": "2024-05-31",
        "close": 43.66151,
        "volume": 50000,
        "typical_volume": 31250.0,
        "trend": 42.999567,
        "fair_value": 40.462655,
        "relative_strength": -14.542352,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.006622,
        "energy": 63.829825,
        "activity_lines": [
          43.428411,
          43.324086,
          43.21004,
          43.112984
        ]
      },
      {
        "date": "2024-06-07",
        "close": 44.831745,
        "volume": 238000,
        "typical_volume": 42600.0,
        "trend": 43.07593,
        "fair_value": 40.516888,
        "relative_strength": -14.704742,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.729067,
        "energy": 92.939378,
        "activity_lines": [
          43.920097,
          43.608579,
          43.375923,
          43.231189
        ]
      },
      {
        "date": "2024-06-14",
        "close": 44.642979,
        "volume": 40000,
        "typical_volume": 44100.0,
        "trend": 43.141519,
        "fair_value": 40.56991,
        "relative_strength": -17.161571,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.285049,
        "energy": 96.067537,
        "activity_lines": [
          44.237972,
          43.830139,
          43.51356,
          43.332289
        ]
      },
      {
        "date": "2024-06-21",
        "close": 44.737362,
        "volume": 27000,
        "typical_volume": 44700.0,
        "trend": 43.1983,
        "fair_value": 40.62306,
        "relative_strength": -19.269406,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.618727,
        "energy": 94.249249,
        "activity_lines": [
          44.497969,
          44.041234,
          43.65167,
          43.435246
        ]
      },
      {
        "date": "2024-06-28",
        "close": 44.737362,
        "volume": 18000,
        "typical_volume": 45600.0,
        "trend": 43.255081,
        "fair_value": 40.675732,
        "relative_strength": -18.087825,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.245856,
        "energy": 91.127967,
        "activity_lines": [
          44.659346,
          44.224617,
          43.780175,
          43.53454
        ]
      },
      {
        "date": "2024-07-05",
        "close": 44.642979,
        "volume": 36000,
        "typical_volume": 47150.0,
        "trend": 43.311704,
        "fair_value": 40.728277,
        "relative_strength": -19.61976,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.30411,
        "energy": 88.128172,
        "activity_lines": [
          44.699609,
          44.361499,
          43.890084,
          43.624082
        ]
      },
      {
        "date": "2024-07-12",
        "close": 44.642979,
        "volume": 24000,
        "typical_volume": 43800.0,
        "trend": 43.369822,
        "fair_value": 40.781061,
        "relative_strength": -20.40934,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.540257,
        "energy": 78.386325,
        "activity_lines": [
          44.67444,
          44.47157,
          43.991051,
          43.709971
        ]
      },
      {
        "date": "2024-07-19",
        "close": 44.548595,
        "volume": 26000,
        "typical_volume": 43000.0,
        "trend": 43.429276,
        "fair_value": 40.830373,
        "relative_strength": -16.528538,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.872542,
        "energy": 63.368401,
        "activity_lines": [
          44.630394,
          44.53767,
          44.074086,
          43.786021
        ]
      },
      {
        "date": "2024-07-26",
        "close": 44.595787,
        "volume": 10000,
        "typical_volume": 40350.0,
        "trend": 43.493291,
        "fair_value": 40.876018,
        "relative_strength": -13.2523,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.701212,
        "energy": 57.326418,
        "activity_lines": [
          44.608371,
          44.589702,
          44.156537,
          43.86128
        ]
      },
      {
        "date": "2024-08-02",
        "close": 44.595787,
        "volume": 19000,
        "typical_volume": 39000.0,
        "trend": 43.554318,
        "fair_value": 40.920897,
        "relative_strength": -10.93989,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.337817,
        "energy": 46.912015,
        "activity_lines": [
          44.595787,
          44.617412,
          44.231551,
          43.932408
        ]
      },
      {
        "date": "2024-08-09",
        "close": 45.114891,
        "volume": 46000,
        "typical_volume": 39100.0,
        "trend": 43.629661,
        "fair_value": 40.970891,
        "relative_strength": -8.803229,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.607325,
        "energy": 54.509401,
        "activity_lines": [
          44.765676,
          44.717627,
          44.348566,
          44.033091
        ]
      },
      {
        "date": "2024-08-16",
        "close": 44.548595,
        "volume": 25000,
        "typical_volume": 38600.0,
        "trend": 43.692103,
        "fair_value": 41.015212,
        "relative_strength": -13.015142,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.655835,
        "energy": 42.105315,
        "activity_lines": [
          44.715338,
          44.688454,
          44.401952,
          44.092377
        ]
      },
      {
        "date": "2024-08-23",
        "close": 44.454212,
        "volume": 13000,
        "typical_volume": 38700.0,
        "trend": 43.745423,
        "fair_value": 41.059694,
        "relative_strength": -11.987344,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.825838,
        "energy": 33.088102,
        "activity_lines": [
          44.639832,
          44.647268,
          44.440204,
          44.141545
        ]
      },
      {
        "date": "2024-08-30",
        "close": 44.737362,
        "volume": 14000,
        "typical_volume": 37400.0,
        "trend": 43.812663,
        "fair_value": 41.105225,
        "relative_strength": -11.413557,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.523911,
        "energy": 37.932295,
        "activity_lines": [
          44.665001,
          44.660997,
          44.499086,
          44.205541
        ]
      },
      {
        "date": "2024-09-06",
        "close": 44.359833,
        "volume": 65000,
        "typical_volume": 39800.0,
        "trend": 43.86732,
        "fair_value": 41.148337,
        "relative_strength": -8.315404,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.7756,
        "energy": 17.150767,
        "activity_lines": [
          44.554889,
          44.606084,
          44.514756,
          44.240842
        ]
      },
      {
        "date": "2024-09-13",
        "close": 44.642979,
        "volume": 10000,
        "typical_volume": 39500.0,
        "trend": 43.92992,
        "fair_value": 41.193773,
        "relative_strength": -8.698907,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.62757,
        "energy": 17.876852,
        "activity_lines": [
          44.554889,
          44.609516,
          44.551505,
          44.290885
        ]
      },
      {
        "date": "2024-09-20",
        "close": 45.114891,
        "volume": 8000,
        "typical_volume": 38000.0,
        "trend": 44.00825,
        "fair_value": 41.24147,
        "relative_strength": -8.91585,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.433666,
        "energy": 30.951113,
        "activity_lines": [
          44.743654,
          44.69875,
          44.626176,
          44.367335
        ]
      },
      {
        "date": "2024-09-27",
        "close": 44.501408,
        "volume": 4000,
        "typical_volume": 36100.0,
        "trend": 44.042224,
        "fair_value": 41.286509,
        "relative_strength": -12.230516,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.417326,
        "energy": 22.735498,
        "activity_lines": [
          44.690171,
          44.667862,
          44.633151,
          44.399151
        ]
      },
      {
        "date": "2024-10-04",
        "close": 44.97332,
        "volume": 4000,
        "typical_volume": 34400.0,
        "trend": 44.10687,
        "fair_value": 41.33483,
        "relative_strength": -8.745155,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.370577,
        "energy": 29.630242,
        "activity_lines": [
          44.790846,
          44.723634,
          44.679363,
          44.459222
        ]
      },
      {
        "date": "2024-10-11",
        "close": 44.312641,
        "volume": 15000,
        "typical_volume": 34600.0,
        "trend": 44.149493,
        "fair_value": 41.378915,
        "relative_strength": -11.940601,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.85711,
        "energy": 15.915768,
        "activity_lines": [
          44.655565,
          44.652418,
          44.654485,
          44.472498
        ]
      },
      {
        "date": "2024-10-18",
        "close": 44.312641,
        "volume": 15000,
        "typical_volume": 32850.0,
        "trend": 44.190623,
        "fair_value": 41.423,
        "relative_strength": -13.56897,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.637565,
        "energy": 8.164561,
        "activity_lines": [
          44.523429,
          44.58635,
          44.625226,
          44.483023
        ]
      },
      {
        "date": "2024-10-25",
        "close": 44.312641,
        "volume": 6000,
        "typical_volume": 21250.0,
        "trend": 44.225775,
        "fair_value": 41.46683,
        "relative_strength": -12.448856,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.805267,
        "energy": 8.851571,
        "activity_lines": [
          44.413316,
          44.534869,
          44.592867,
          44.490895
        ]
      },
      {
        "date": "2024-11-01",
        "close": 44.312641,
        "volume": 6000,
        "typical_volume": 19550.0,
        "trend": 44.26541,
        "fair_value": 41.510915,
        "relative_strength": -9.728019,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.021118,
        "energy": 11.536002,
        "activity_lines": [
          44.356686,
          44.487678,
          44.562979,
          44.4965
        ]
      },
      {
        "date": "2024-11-08",
        "close": 44.359833,
        "volume": 22000,
        "typical_volume": 19300.0,
        "trend": 44.30363,
        "fair_value": 41.555303,
        "relative_strength": -12.077622,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 7.78182,
        "energy": 14.563442,
        "activity_lines": [
          44.328372,
          44.451641,
          44.539159,
          44.502591
        ]
      },
      {
        "date": "2024-11-15",
        "close": 44.076683,
        "volume": 40000,
        "typical_volume": 20400.0,
        "trend": 44.3354,
        "fair_value": 41.593025,
        "relative_strength": -9.080867,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.317024,
        "energy": 24.534966,
        "activity_lines": [
          44.246573,
          44.370987,
          44.49017,
          44.48795
        ]
      },
      {
        "date": "2024-11-22",
        "close": 44.359833,
        "volume": 12266,
        "typical_volume": 19213.3,
        "trend": 44.375114,
        "fair_value": 41.636136,
        "relative_strength": -8.686989,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.973839,
        "energy": 19.138704,
        "activity_lines": [
          44.274888,
          44.346962,
          44.471293,
          44.489526
        ]
      },
      {
        "date": "2024-11-29",
        "close": 44.171066,
        "volume": 4000,
        "typical_volume": 18213.3,
        "trend": 44.408536,
        "fair_value": 41.677782,
        "relative_strength": -6.042195,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.081492,
        "energy": 20.969811,
        "activity_lines": [
          44.237135,
          44.293764,
          44.435787,
          44.476362
        ]
      },
      {
        "date": "2024-12-06",
        "close": 43.935108,
        "volume": 41000,
        "typical_volume": 18963.3,
        "trend": 44.429609,
        "fair_value": 41.718171,
        "relative_strength": -9.821532,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -42.292688,
        "energy": 51.841128,
        "activity_lines": [
          44.130167,
          44.214826,
          44.380057,
          44.445818
        ]
      },
      {
        "date": "2024-12-13",
        "close": 43.510387,
        "volume": 42000,
        "typical_volume": 20563.3,
        "trend": 44.43802,
        "fair_value": 41.757113,
        "relative_strength": -9.578264,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -80.993781,
        "energy": 74.39271,
        "activity_lines": [
          43.906794,
          44.068961,
          44.286798,
          44.386513
        ]
      },
      {
        "date": "2024-12-20",
        "close": 43.510387,
        "volume": 4000,
        "typical_volume": 19813.3,
        "trend": 44.441948,
        "fair_value": 41.794524,
        "relative_strength": -7.103626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.704978,
        "energy": 79.843548,
        "activity_lines": [
          43.740051,
          43.949696,
          44.198707,
          44.326666
        ]
      },
      {
        "date": "2024-12-27",
        "close": 43.557579,
        "volume": 6000,
        "typical_volume": 17813.3,
        "trend": 44.438484,
        "fair_value": 41.833258,
        "relative_strength": -9.636328,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.498404,
        "energy": 76.978696,
        "activity_lines": [
          43.626792,
          43.853597,
          44.120279,
          44.26961
        ]
      },
      {
        "date": "2025-01-03",
        "close": 43.510387,
        "volume": 35000,
        "typical_volume": 18313.3,
        "trend": 44.394438,
        "fair_value": 41.87118,
        "relative_strength": -7.822961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.209672,
        "energy": 74.583921,
        "activity_lines": [
          43.551286,
          43.762646,
          44.044773,
          44.209733
        ]
      },
      {
        "date": "2025-01-10",
        "close": 43.746342,
        "volume": 55000,
        "typical_volume": 20413.3,
        "trend": 44.36455,
        "fair_value": 41.909593,
        "relative_strength": -7.267605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.996697,
        "energy": 48.783972,
        "activity_lines": [
          43.598477,
          43.729183,
          43.996683,
          44.16792
        ]
      },
      {
        "date": "2025-01-17",
        "close": 43.746342,
        "volume": 51000,
        "typical_volume": 22263.3,
        "trend": 44.331516,
        "fair_value": 41.948771,
        "relative_strength": -7.358183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.146613,
        "energy": 39.832307,
        "activity_lines": [
          43.658252,
          43.706016,
          43.951963,
          44.128036
        ]
      },
      {
        "date": "2025-01-24",
        "close": 43.69915,
        "volume": 54000,
        "typical_volume": 21713.3,
        "trend": 44.296909,
        "fair_value": 41.988668,
        "relative_strength": -8.490439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.593726,
        "energy": 27.577754,
        "activity_lines": [
          43.686566,
          43.685423,
          43.907468,
          44.087238
        ]
      },
      {
        "date": "2025-02-07",
        "close": 43.274429,
        "volume": 14010,
        "typical_volume": 21913.8,
        "trend": 44.251291,
        "fair_value": 42.026098,
        "relative_strength": -8.74635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.045163,
        "energy": 35.67337,
        "activity_lines": [
          43.560723,
          43.594472,
          43.82567,
          44.021271
        ]
      },
      {
        "date": "2025-02-14",
        "close": 42.991283,
        "volume": 20055,
        "typical_volume": 22516.55,
        "trend": 44.196234,
        "fair_value": 42.061203,
        "relative_strength": -7.625109,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.128645,
        "energy": 43.022068,
        "activity_lines": [
          43.359374,
          43.471775,
          43.723422,
          43.93998
        ]
      },
      {
        "date": "2025-02-21",
        "close": 43.085667,
        "volume": 24010,
        "typical_volume": 23517.05,
        "trend": 44.14747,
        "fair_value": 42.092827,
        "relative_strength": -9.256824,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.654028,
        "energy": 48.893472,
        "activity_lines": [
          43.224093,
          43.387689,
          43.640275,
          43.868331
        ]
      },
      {
        "date": "2025-02-28",
        "close": 43.227238,
        "volume": 12135,
        "typical_volume": 23923.8,
        "trend": 44.101852,
        "fair_value": 42.1297,
        "relative_strength": -5.933193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.428942,
        "energy": 56.432542,
        "activity_lines": [
          43.180048,
          43.344788,
          43.577354,
          43.808961
        ]
      },
      {
        "date": "2025-03-07",
        "close": 43.085667,
        "volume": 8014,
        "typical_volume": 23574.5,
        "trend": 44.051515,
        "fair_value": 42.164898,
        "relative_strength": -3.90028,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.877239,
        "energy": 54.622947,
        "activity_lines": [
          43.123419,
          43.281295,
          43.509263,
          43.743401
        ]
      },
      {
        "date": "2025-03-14",
        "close": 43.180046,
        "volume": 32000,
        "typical_volume": 24424.5,
        "trend": 43.98702,
        "fair_value": 42.201213,
        "relative_strength": -0.82299,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.009543,
        "energy": 38.640481,
        "activity_lines": [
          43.139149,
          43.242683,
          43.456004,
          43.687177
        ]
      },
      {
        "date": "2025-03-21",
        "close": 43.038471,
        "volume": 23260,
        "typical_volume": 25287.5,
        "trend": 43.936682,
        "fair_value": 42.234577,
        "relative_strength": -1.984694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.739012,
        "energy": 35.375375,
        "activity_lines": [
          43.113979,
          43.185195,
          43.394655,
          43.62598
        ]
      },
      {
        "date": "2025-03-28",
        "close": 42.944092,
        "volume": 34151,
        "typical_volume": 26695.05,
        "trend": 43.886345,
        "fair_value": 42.265805,
        "relative_strength": 0.683588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.79595,
        "energy": 37.147804,
        "activity_lines": [
          43.054204,
          43.119128,
          43.330385,
          43.561942
        ]
      },
      {
        "date": "2025-04-04",
        "close": 42.377796,
        "volume": 34070,
        "typical_volume": 27298.55,
        "trend": 43.807693,
        "fair_value": 42.29136,
        "relative_strength": 0.916542,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.386325,
        "energy": 52.385534,
        "activity_lines": [
          42.815101,
          42.964684,
          43.218699,
          43.464616
        ]
      },
      {
        "date": "2025-04-11",
        "close": 39.074406,
        "volume": 50003,
        "typical_volume": 27798.7,
        "trend": 43.631512,
        "fair_value": 42.296761,
        "relative_strength": 1.599462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.551286,
        "energy": 91.411461,
        "activity_lines": [
          41.531499,
          42.234506,
          42.801843,
          43.159243
        ]
      },
      {
        "date": "2025-04-18",
        "close": 39.168789,
        "volume": 58201,
        "typical_volume": 30095.45,
        "trend": 43.449039,
        "fair_value": 42.301491,
        "relative_strength": 2.611669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.690686,
        "energy": 96.327961,
        "activity_lines": [
          40.546774,
          41.605575,
          42.417796,
          42.871326
        ]
      },
      {
        "date": "2025-04-25",
        "close": 38.885639,
        "volume": 14004,
        "typical_volume": 30595.65,
        "trend": 43.241397,
        "fair_value": 42.30415,
        "relative_strength": -0.333778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.965143,
        "energy": 95.8545,
        "activity_lines": [
          39.735084,
          40.99981,
          42.031501,
          42.576913
        ]
      },
      {
        "date": "2025-05-02",
        "close": 39.923843,
        "volume": 2000,
        "typical_volume": 28645.65,
        "trend": 43.088812,
        "fair_value": 42.312699,
        "relative_strength": -1.960436,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.482964,
        "energy": 88.770888,
        "activity_lines": [
          39.546316,
          40.657458,
          41.769252,
          42.362877
        ]
      },
      {
        "date": "2025-05-09",
        "close": 39.357552,
        "volume": 22065,
        "typical_volume": 27648.9,
        "trend": 42.901619,
        "fair_value": 42.317107,
        "relative_strength": -3.711426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.425499,
        "energy": 87.401512,
        "activity_lines": [
          39.370136,
          40.269631,
          41.472172,
          42.12215
        ]
      },
      {
        "date": "2025-05-16",
        "close": 40.537334,
        "volume": 36057,
        "typical_volume": 29251.75,
        "trend": 42.775776,
        "fair_value": 42.330864,
        "relative_strength": -4.821024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.039016,
        "energy": 62.518589,
        "activity_lines": [
          39.788565,
          40.166668,
          41.307227,
          41.969616
        ]
      },
      {
        "date": "2025-05-23",
        "close": 40.11261,
        "volume": 9000,
        "typical_volume": 29401.75,
        "trend": 42.635775,
        "fair_value": 42.339857,
        "relative_strength": -4.814367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.273941,
        "energy": 50.828353,
        "activity_lines": [
          39.967891,
          40.032816,
          41.115989,
          41.797799
        ]
      },
      {
        "date": "2025-05-30",
        "close": 42.283413,
        "volume": 18050,
        "typical_volume": 28554.25,
        "trend": 42.568134,
        "fair_value": 42.363786,
        "relative_strength": 1.801732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.619042,
        "energy": 22.273088,
        "activity_lines": [
          40.807897,
          40.349427,
          41.1479,
          41.775066
        ]
      },
      {
        "date": "2025-06-06",
        "close": 41.788486,
        "volume": 67200,
        "typical_volume": 29164.25,
        "trend": 42.483995,
        "fair_value": 42.383011,
        "relative_strength": -0.715061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.042919,
        "energy": 25.488922,
        "activity_lines": [
          41.256409,
          40.589779,
          41.138517,
          41.724766
        ]
      },
      {
        "date": "2025-06-13",
        "close": 41.788486,
        "volume": 16004,
        "typical_volume": 27414.45,
        "trend": 42.398284,
        "fair_value": 42.399938,
        "relative_strength": -2.417145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.80972,
        "energy": 23.130408,
        "activity_lines": [
          41.580611,
          40.851143,
          41.138457,
          41.679894
        ]
      },
      {
        "date": "2025-06-20",
        "close": 41.340755,
        "volume": 24018,
        "typical_volume": 25915.35,
        "trend": 42.307086,
        "fair_value": 42.411443,
        "relative_strength": -3.239468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.314964,
        "energy": 23.043427,
        "activity_lines": [
          41.593508,
          41.041815,
          41.10508,
          41.611667
        ]
      },
      {
        "date": "2025-06-27",
        "close": 40.992519,
        "volume": 7156,
        "typical_volume": 25572.65,
        "trend": 42.194842,
        "fair_value": 42.417676,
        "relative_strength": -6.224066,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.545445,
        "energy": 14.195499,
        "activity_lines": [
          41.436764,
          41.127966,
          41.049767,
          41.526856
        ]
      },
      {
        "date": "2025-07-04",
        "close": 40.893021,
        "volume": 31275,
        "typical_volume": 26133.65,
        "trend": 42.085574,
        "fair_value": 42.424359,
        "relative_strength": -6.196547,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.963085,
        "energy": 10.13068,
        "activity_lines": [
          41.188194,
          41.162867,
          40.995845,
          41.442867
        ]
      },
      {
        "date": "2025-07-11",
        "close": 41.887981,
        "volume": 12971,
        "typical_volume": 25581.7,
        "trend": 42.017337,
        "fair_value": 42.437419,
        "relative_strength": -4.722645,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.028541,
        "energy": 5.381235,
        "activity_lines": [
          41.363969,
          41.342172,
          41.046672,
          41.430119
        ]
      },
      {
        "date": "2025-07-18",
        "close": 41.291008,
        "volume": 31000,
        "typical_volume": 26524.95,
        "trend": 41.943357,
        "fair_value": 42.446925,
        "relative_strength": -8.527669,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.206446,
        "energy": 13.491767,
        "activity_lines": [
          41.334121,
          41.377226,
          41.046349,
          41.38326
        ]
      },
      {
        "date": "2025-07-25",
        "close": 41.291008,
        "volume": 24010,
        "typical_volume": 27324.75,
        "trend": 41.869378,
        "fair_value": 42.456702,
        "relative_strength": -8.289171,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.600911,
        "energy": 12.031851,
        "activity_lines": [
          41.337438,
          41.377125,
          41.055245,
          41.341173
        ]
      },
      {
        "date": "2025-08-01",
        "close": 40.594532,
        "volume": 24036,
        "typical_volume": 26926.55,
        "trend": 41.77061,
        "fair_value": 42.459569,
        "relative_strength": -9.85002,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.425463,
        "energy": 17.454445,
        "activity_lines": [
          41.111913,
          41.236689,
          41.006357,
          41.258924
        ]
      },
      {
        "date": "2025-08-08",
        "close": 41.390503,
        "volume": 17015,
        "typical_volume": 26614.3,
        "trend": 41.699947,
        "fair_value": 42.46781,
        "relative_strength": -10.023792,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.535536,
        "energy": 14.111551,
        "activity_lines": [
          41.178244,
          41.232213,
          41.045587,
          41.234401
        ]
      },
      {
        "date": "2025-08-15",
        "close": 41.887981,
        "volume": 18250,
        "typical_volume": 25819.25,
        "trend": 41.638002,
        "fair_value": 42.477066,
        "relative_strength": -9.77004,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.931992,
        "energy": 3.077452,
        "activity_lines": [
          41.377236,
          41.334423,
          41.140043,
          41.246533
        ]
      },
      {
        "date": "2025-08-22",
        "close": 41.937733,
        "volume": 24216,
        "typical_volume": 25326.55,
        "trend": 41.577715,
        "fair_value": 42.488815,
        "relative_strength": -7.282441,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.251822,
        "energy": 17.804025,
        "activity_lines": [
          41.592811,
          41.443869,
          41.244267,
          41.26587
        ]
      },
      {
        "date": "2025-08-29",
        "close": 42.285969,
        "volume": 20024,
        "typical_volume": 23827.6,
        "trend": 41.530609,
        "fair_value": 42.498991,
        "relative_strength": -8.077791,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.149542,
        "energy": 51.967655,
        "activity_lines": [
          41.881351,
          41.613917,
          41.383751,
          41.311564
        ]
      },
      {
        "date": "2025-09-05",
        "close": 41.63924,
        "volume": 55057,
        "typical_volume": 23670.4,
        "trend": 41.476102,
        "fair_value": 42.505022,
        "relative_strength": -10.16864,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 28.851361,
        "energy": 49.704469,
        "activity_lines": [
          41.887983,
          41.649192,
          41.44635,
          41.318572
        ]
      },
      {
        "date": "2025-09-12",
        "close": 41.738739,
        "volume": 37000,
        "typical_volume": 24820.2,
        "trend": 41.434351,
        "fair_value": 42.511147,
        "relative_strength": -13.037304,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.980026,
        "energy": 46.261575,
        "activity_lines": [
          41.858134,
          41.6908,
          41.50666,
          41.335517
        ]
      },
      {
        "date": "2025-09-19",
        "close": 41.589493,
        "volume": 53000,
        "typical_volume": 27370.2,
        "trend": 41.384478,
        "fair_value": 42.516859,
        "relative_strength": -13.323057,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 24.127207,
        "energy": 31.102496,
        "activity_lines": [
          41.755321,
          41.689895,
          41.53917,
          41.345526
        ]
      },
      {
        "date": "2025-09-26",
        "close": 41.191513,
        "volume": 37176,
        "typical_volume": 28125.75,
        "trend": 41.316621,
        "fair_value": 42.52002,
        "relative_strength": -13.78283,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 26.300562,
        "energy": 14.973786,
        "activity_lines": [
          41.539747,
          41.622057,
          41.525846,
          41.333077
        ]
      },
      {
        "date": "2025-10-03",
        "close": 41.092014,
        "volume": 28070,
        "typical_volume": 27726.4,
        "trend": 41.250166,
        "fair_value": 42.526891,
        "relative_strength": -17.43368,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.506554,
        "energy": 14.87203,
        "activity_lines": [
          41.340755,
          41.537938,
          41.494312,
          41.318586
        ]
      },
      {
        "date": "2025-10-10",
        "close": 41.042267,
        "volume": 24000,
        "typical_volume": 28476.4,
        "trend": 41.178906,
        "fair_value": 42.533987,
        "relative_strength": -18.736052,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 1.534214,
        "energy": 14.467125,
        "activity_lines": [
          41.204777,
          41.448391,
          41.4554,
          41.305173
        ]
      },
      {
        "date": "2025-10-17",
        "close": 40.843273,
        "volume": 44009,
        "typical_volume": 29774.35,
        "trend": 41.105733,
        "fair_value": 42.539807,
        "relative_strength": -18.760679,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.413607,
        "energy": 26.47219,
        "activity_lines": [
          41.042266,
          41.314524,
          41.393108,
          41.283519
        ]
      },
      {
        "date": "2025-10-24",
        "close": 40.893021,
        "volume": 23015,
        "typical_volume": 27565.1,
        "trend": 41.037364,
        "fair_value": 42.545946,
        "relative_strength": -19.001354,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.141304,
        "energy": 31.988418,
        "activity_lines": [
          40.956036,
          41.199651,
          41.342413,
          41.269796
        ]
      },
      {
        "date": "2025-10-31",
        "close": 40.942772,
        "volume": 27006,
        "typical_volume": 28115.2,
        "trend": 40.98953,
        "fair_value": 42.551861,
        "relative_strength": -20.543527,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.098857,
        "energy": 33.598355,
        "activity_lines": [
          40.932821,
          41.111914,
          41.300719,
          41.263693
        ]
      },
      {
        "date": "2025-11-07",
        "close": 40.992519,
        "volume": 13100,
        "typical_volume": 27569.3,
        "trend": 41.053467,
        "fair_value": 42.559181,
        "relative_strength": -18.374737,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.420564,
        "energy": 27.11879,
        "activity_lines": [
          40.942771,
          41.051312,
          41.267791,
          41.263886
        ]
      },
      {
        "date": "2025-11-14",
        "close": 41.092014,
        "volume": 29000,
        "typical_volume": 28661.5,
        "trend": 41.117575,
        "fair_value": 42.567139,
        "relative_strength": -17.081616,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -23.053422,
        "energy": 18.656696,
        "activity_lines": [
          40.992518,
          41.032317,
          41.245996,
          41.266373
        ]
      },
      {
        "date": "2025-11-21",
        "close": 40.843273,
        "volume": 46300,
        "typical_volume": 29412.75,
        "trend": 41.182829,
        "fair_value": 42.572416,
        "relative_strength": -14.224163,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -27.669525,
        "energy": 19.35774,
        "activity_lines": [
          40.956036,
          40.978046,
          41.200039,
          41.248676
        ]
      },
      {
        "date": "2025-11-28",
        "close": 40.793526,
        "volume": 28041,
        "typical_volume": 30166.25,
        "trend": 41.211819,
        "fair_value": 42.575743,
        "relative_strength": -17.618978,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -28.356713,
        "energy": 21.084859,
        "activity_lines": [
          40.902972,
          40.931012,
          41.14958,
          41.22356
        ]
      },
      {
        "date": "2025-12-05",
        "close": 40.893021,
        "volume": 21260,
        "typical_volume": 29679.25,
        "trend": 41.263001,
        "fair_value": 42.579708,
        "relative_strength": -18.004266,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "down",
        "direction": -49.619746,
        "energy": 33.003322,
        "activity_lines": [
          40.889705,
          40.916539,
          41.113809,
          41.202992
        ]
      },
      {
        "date": "2025-12-12",
        "close": 41.092014,
        "volume": 5000,
        "typical_volume": 28728.75,
        "trend": 41.28149,
        "fair_value": 42.583318,
        "relative_strength": -17.852351,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "down",
        "direction": -39.185785,
        "energy": 25.418484,
        "activity_lines": [
          40.946086,
          40.943674,
          41.098884,
          41.191961
        ]
      },
      {
        "date": "2025-12-19",
        "close": 41.291008,
        "volume": 7000,
        "typical_volume": 27876.95,
        "trend": 41.32077,
        "fair_value": 42.588747,
        "relative_strength": -15.594079,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -27.691503,
        "energy": 13.381962,
        "activity_lines": [
          41.062166,
          41.00699,
          41.103859,
          41.192575
        ]
      },
      {
        "date": "2025-12-26",
        "close": 40.942772,
        "volume": 16000,
        "typical_volume": 27826.2,
        "trend": 41.276082,
        "fair_value": 42.591401,
        "relative_strength": -18.381961,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -35.493069,
        "energy": 16.781129,
        "activity_lines": [
          41.0489,
          41.002468,
          41.072352,
          41.168188
        ]
      },
      {
        "date": "2026-01-02",
        "close": 40.942772,
        "volume": 26134,
        "typical_volume": 28220.4,
        "trend": 41.247892,
        "fair_value": 42.595141,
        "relative_strength": -20.173087,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -35.523951,
        "energy": 17.340369,
        "activity_lines": [
          41.029001,
          40.996137,
          41.042977,
          41.146684
        ]
      },
      {
        "date": "2026-01-09",
        "close": 40.893021,
        "volume": 26000,
        "typical_volume": 28309.6,
        "trend": 41.218043,
        "fair_value": 42.597475,
        "relative_strength": -22.272431,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -40.000976,
        "energy": 18.972054,
        "activity_lines": [
          40.982569,
          40.979855,
          41.013365,
          41.123789
        ]
      },
      {
        "date": "2026-01-16",
        "close": 41.589493,
        "volume": 40101,
        "typical_volume": 29313.45,
        "trend": 41.226334,
        "fair_value": 42.605362,
        "relative_strength": -23.276798,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 2.701296,
        "energy": 5.032781,
        "activity_lines": [
          41.168294,
          41.09111,
          41.055059,
          41.147754
        ]
      },
      {
        "date": "2026-01-23",
        "close": 41.390503,
        "volume": 35000,
        "typical_volume": 28310.6,
        "trend": 41.2396,
        "fair_value": 42.611428,
        "relative_strength": -24.463896,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.213398,
        "energy": 20.059773,
        "activity_lines": [
          41.254524,
          41.15533,
          41.081117,
          41.158345
        ]
      },
      {
        "date": "2026-01-30",
        "close": 41.539745,
        "volume": 62006,
        "typical_volume": 29560.9,
        "trend": 41.261158,
        "fair_value": 42.614919,
        "relative_strength": -23.953875,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 22.111447,
        "energy": 37.410626,
        "activity_lines": [
          41.383869,
          41.241258,
          41.122574,
          41.177709
        ]
      },
      {
        "date": "2026-02-06",
        "close": 41.489998,
        "volume": 22000,
        "typical_volume": 28010.9,
        "trend": 41.247892,
        "fair_value": 42.618363,
        "relative_strength": -22.905836,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.033965,
        "energy": 44.380896,
        "activity_lines": [
          41.456832,
          41.305478,
          41.16024,
          41.192473
        ]
      },
      {
        "date": "2026-02-13",
        "close": 41.291008,
        "volume": 1000,
        "typical_volume": 26202.1,
        "trend": 41.247892,
        "fair_value": 42.622162,
        "relative_strength": -26.915756,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.803328,
        "energy": 38.047349,
        "activity_lines": [
          41.426984,
          41.320855,
          41.179429,
          41.195255
        ]
      },
      {
        "date": "2026-02-27",
        "close": 41.340755,
        "volume": 22000,
        "typical_volume": 25898.6,
        "trend": 41.24955,
        "fair_value": 42.62492,
        "relative_strength": -30.046182,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.086211,
        "energy": 22.267124,
        "activity_lines": [
          41.387186,
          41.338041,
          41.202881,
          41.201246
        ]
      },
      {
        "date": "2026-03-06",
        "close": 41.738739,
        "volume": 31067,
        "typical_volume": 26251.95,
        "trend": 41.28769,
        "fair_value": 42.628871,
        "relative_strength": -25.010745,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.589587,
        "energy": 26.011472,
        "activity_lines": [
          41.496632,
          41.423065,
          41.263053,
          41.232807
        ]
      },
      {
        "date": "2026-03-13",
        "close": 41.291008,
        "volume": 37008,
        "typical_volume": 25901.9,
        "trend": 41.284373,
        "fair_value": 42.629952,
        "relative_strength": -24.785722,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.437494,
        "energy": 14.240718,
        "activity_lines": [
          41.433618,
          41.418543,
          41.277267,
          41.233021
        ]
      },
      {
        "date": "2026-03-20",
        "close": 41.589493,
        "volume": 46000,
        "typical_volume": 27051.15,
        "trend": 41.274424,
        "fair_value": 42.632403,
        "relative_strength": -23.920229,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.543048,
        "energy": 17.787296,
        "activity_lines": [
          41.486682,
          41.461959,
          41.317776,
          41.252706
        ]
      },
      {
        "date": "2026-03-27",
        "close": 41.141762,
        "volume": 32025,
        "typical_volume": 27302.1,
        "trend": 41.247892,
        "fair_value": 42.631441,
        "relative_strength": -23.128196,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.129522,
        "energy": 6.212385,
        "activity_lines": [
          41.383869,
          41.412211,
          41.312327,
          41.244147
        ]
      },
      {
        "date": "2026-04-03",
        "close": 40.992519,
        "volume": 22078,
        "typical_volume": 27751.0,
        "trend": 41.204777,
        "fair_value": 42.628434,
        "relative_strength": -21.455256,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.167537,
        "energy": 11.504332,
        "activity_lines": [
          41.241258,
          41.330805,
          41.291717,
          41.227671
        ]
      },
      {
        "date": "2026-04-10",
        "close": 40.793526,
        "volume": 45005,
        "typical_volume": 28551.25,
        "trend": 41.176586,
        "fair_value": 42.624152,
        "relative_strength": -27.385739,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.115501,
        "energy": 16.133112,
        "activity_lines": [
          41.055532,
          41.224073,
          41.252156,
          41.201139
        ]
      },
      {
        "date": "2026-04-17",
        "close": 40.843273,
        "volume": 55000,
        "typical_volume": 28986.25,
        "trend": 41.146737,
        "fair_value": 42.62182,
        "relative_strength": -29.271934,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.819814,
        "energy": 21.943044,
        "activity_lines": [
          40.949403,
          41.13724,
          41.218753,
          41.179635
        ]
      },
      {
        "date": "2026-04-24",
        "close": 40.893021,
        "volume": 40000,
        "typical_volume": 29584.2,
        "trend": 41.123521,
        "fair_value": 42.614914,
        "relative_strength": -32.25176,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.96407,
        "energy": 32.516441,
        "activity_lines": [
          40.889705,
          41.072115,
          41.190089,
          41.163266
        ]
      },
      {
        "date": "2026-05-01",
        "close": 40.594532,
        "volume": 18137,
        "typical_volume": 29428.05,
        "trend": 41.103622,
        "fair_value": 42.606639,
        "relative_strength": -31.96508,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.510174,
        "energy": 44.22639,
        "activity_lines": [
          40.776942,
          40.963573,
          41.132523,
          41.129138
        ]
      },
      {
        "date": "2026-05-08",
        "close": 40.495037,
        "volume": 42246,
        "typical_volume": 31290.35,
        "trend": 41.083723,
        "fair_value": 42.597726,
        "relative_strength": -35.735605,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.270494,
        "energy": 46.159063,
        "activity_lines": [
          40.667497,
          40.849605,
          41.066903,
          41.089874
        ]
      },
      {
        "date": "2026-05-15",
        "close": 40.395538,
        "volume": 37225,
        "typical_volume": 32801.6,
        "trend": 41.062165,
        "fair_value": 42.589262,
        "relative_strength": -34.472177,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.878551,
        "energy": 59.225378,
        "activity_lines": [
          40.55805,
          40.732923,
          40.99465,
          41.045475
        ]
      },
      {
        "date": "2026-05-22",
        "close": 40.793526,
        "volume": 29105,
        "typical_volume": 33456.85,
        "trend": 41.060507,
        "fair_value": 42.583893,
        "relative_strength": -34.795917,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.859306,
        "energy": 45.321763,
        "activity_lines": [
          40.607799,
          40.713023,
          40.964564,
          41.028144
        ]
      },
      {
        "date": "2026-05-29",
        "close": 40.992519,
        "volume": 70000,
        "typical_volume": 35650.15,
        "trend": 41.063824,
        "fair_value": 42.5798,
        "relative_strength": -37.326055,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.421589,
        "energy": 28.992801,
        "activity_lines": [
          40.727195,
          40.73835,
          40.954141,
          41.023757
        ]
      },
      {
        "date": "2026-06-05",
        "close": 39.5,
        "volume": 251141,
        "typical_volume": 46907.2,
        "trend": 41.015731,
        "fair_value": 42.566682,
        "relative_strength": -39.177447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.7559,
        "energy": 48.36555,
        "activity_lines": [
          40.342451,
          40.503164,
          40.801336,
          40.922866
        ]
      },
      {
        "date": "2026-06-12",
        "close": 39.450001,
        "volume": 78575,
        "typical_volume": 48830.9,
        "trend": 40.964314,
        "fair_value": 42.551614,
        "relative_strength": -37.144906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.218438,
        "energy": 61.593693,
        "activity_lines": [
          40.01401,
          40.288737,
          40.650403,
          40.821851
        ]
      },
      {
        "date": "2026-06-19",
        "close": 39.099998,
        "volume": 33040,
        "typical_volume": 48732.9,
        "trend": 40.897913,
        "fair_value": 42.533487,
        "relative_strength": -39.926053,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.712395,
        "energy": 81.497317,
        "activity_lines": [
          39.638571,
          40.038719,
          40.476324,
          40.701572
        ]
      },
      {
        "date": "2026-06-26",
        "close": 39.0,
        "volume": 73000,
        "typical_volume": 49282.6,
        "trend": 40.836471,
        "fair_value": 42.506479,
        "relative_strength": -36.664512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.718197,
        "energy": 86.822381,
        "activity_lines": [
          39.316168,
          39.801311,
          40.303629,
          40.579126
        ]
      },
      {
        "date": "2026-07-03",
        "close": 39.549999,
        "volume": 42898,
        "typical_volume": 50327.5,
        "trend": 40.79502,
        "fair_value": 42.48156,
        "relative_strength": -37.966437,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.477782,
        "energy": 78.622925,
        "activity_lines": [
          39.296666,
          39.697416,
          40.195408,
          40.496128
        ]
      },
      {
        "date": "2026-07-10",
        "close": 38.75,
        "volume": 17100,
        "typical_volume": 51132.5,
        "trend": 40.723586,
        "fair_value": 42.452662,
        "relative_strength": -36.450064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.070627,
        "energy": 83.293034,
        "activity_lines": [
          39.106666,
          39.472486,
          40.020236,
          40.364191
        ]
      },
      {
        "date": "2026-07-17",
        "close": 38.799999,
        "volume": 33000,
        "typical_volume": 51682.5,
        "trend": 40.647185,
        "fair_value": 42.42351,
        "relative_strength": -31.452931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.134969,
        "energy": 66.502162,
        "activity_lines": [
          38.983333,
          39.290184,
          39.861925,
          40.240089
        ]
      },
      {
        "date": "2026-07-24",
        "close": 38.75,
        "volume": 25059,
        "typical_volume": 51382.1,
        "trend": 40.562485,
        "fair_value": 42.393175,
        "relative_strength": -32.220742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.93298,
        "energy": 57.401348,
        "activity_lines": [
          38.886666,
          39.12961,
          39.710951,
          40.11769
        ]
      },
      {
        "date": "2026-07-31",
        "close": 38.400002,
        "volume": 44000,
        "typical_volume": 51731.7,
        "trend": 40.477726,
        "fair_value": 42.361172,
        "relative_strength": -31.112576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.787652,
        "energy": 59.622157,
        "activity_lines": [
          38.696667,
          38.935319,
          39.540876,
          39.978175
        ]
      },
      {
        "date": "2026-08-07",
        "close": 38.200001,
        "volume": 20000,
        "typical_volume": 50431.7,
        "trend": 40.386301,
        "fair_value": 42.327599,
        "relative_strength": -32.310837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.366927,
        "energy": 60.156504,
        "activity_lines": [
          38.480001,
          38.748182,
          39.36552,
          39.831225
        ]
      },
      {
        "date": "2026-08-14",
        "close": 38.5,
        "volume": 25010,
        "typical_volume": 50080.95,
        "trend": 40.306533,
        "fair_value": 42.295661,
        "relative_strength": -33.251843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.588177,
        "energy": 53.341905,
        "activity_lines": [
          38.453334,
          38.666364,
          39.234876,
          39.709528
        ]
      }
    ],
    "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."
    }
  }
}