{
  "ticker": {
    "uuid": "6a4c5fa6-9e90-4a20-ab91-c2a7425060fc",
    "symbol": "CMCO",
    "name": "Columbus McKinnon Corporation",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "mixed",
    "architecture_direction": 39.358,
    "architecture_energy": 43.51,
    "architecture_maturity": 22.621,
    "architecture_confidence": 94.618,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 28.56,
        "rotation_up": 67.97,
        "upward_expansion": 43.48,
        "deceleration": 30.4,
        "rotation_down": 19.59,
        "downward_expansion": 23.15
      },
      "activity_lines": [
        17.834923,
        16.218096,
        15.514123,
        15.619092
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.166667
    },
    "latest_close": 20.22,
    "trend_reference": 16.402139,
    "distance_from_trend": 0.232766,
    "trend_direction": "Weakening",
    "fair_value": 26.034865,
    "distance_from_fair_value": -0.223349,
    "fair_value_direction": "Improving",
    "relative_strength": 9.475976,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.104483,
    "excess_performance": -0.291937,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.232766,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.030614,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.223349,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.206972,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.09476,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.272404,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.104483,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.172994,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3765198,
      "relative_activity": 1.392696,
      "balance": 2.172994,
      "dry_up": 1.525295,
      "accumulation_observations": 5,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.12243,
      "annualized_volatility": 0.633858,
      "from_high_reference": -0.164674,
      "from_low_reference": 0.686405
    },
    "levels": {
      "trend_reference": 16.402139,
      "fair_value_reference": 26.034865,
      "structural_low": 11.99,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.001106,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.011422,
        "regime_survival": 0.3,
        "best_return": 0.143519,
        "worst_return": -0.129741,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.031822,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.084958,
        "regime_survival": 0.142857,
        "best_return": 0.336746,
        "worst_return": -0.447446,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.02969,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.060016,
        "regime_survival": 0.0,
        "best_return": 0.295486,
        "worst_return": -0.516807,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.506495,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.401229,
        "regime_survival": 0.333333,
        "best_return": -0.073522,
        "worst_return": -0.590993,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-07-12",
        "end": "2024-11-08",
        "tenure": "Established",
        "return": 0.061074,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-15",
        "end": "2024-11-22",
        "tenure": "New",
        "return": 0.037426,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-11-29",
        "end": "2024-12-20",
        "tenure": "New",
        "return": -0.069483,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-27",
        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.017628,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": -0.002326,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-14",
        "end": "2025-02-21",
        "tenure": "New",
        "return": -0.077148,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-28",
        "end": "2025-10-17",
        "tenure": "Extended",
        "return": -0.148614,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-24",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.093759,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-03-06",
        "tenure": "Established",
        "return": -0.058324,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-03-20",
        "tenure": "New",
        "return": -0.051877,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.11656,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-24",
        "end": "2026-05-08",
        "tenure": "New",
        "return": -0.005438,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-15",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": 0.124957,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.058425,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 35.957805,
        "volume": 332617,
        "typical_volume": 425852.35,
        "trend": 36.292483,
        "fair_value": 38.281132,
        "relative_strength": -6.287117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 17.257458,
        "energy": 16.212548,
        "activity_lines": [
          37.303849,
          38.110801,
          37.7327,
          37.007896
        ]
      },
      {
        "date": "2023-08-25",
        "close": 35.561283,
        "volume": 278525,
        "typical_volume": 421809.1,
        "trend": 36.344851,
        "fair_value": 38.285585,
        "relative_strength": -8.755389,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -3.07746,
        "energy": 21.138552,
        "activity_lines": [
          36.481993,
          37.562954,
          37.622722,
          36.960722
        ]
      },
      {
        "date": "2023-09-01",
        "close": 36.866905,
        "volume": 305618,
        "typical_volume": 420862.5,
        "trend": 36.325997,
        "fair_value": 38.297981,
        "relative_strength": -8.792887,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.81009,
        "energy": 22.345426,
        "activity_lines": [
          36.343927,
          37.330293,
          37.622808,
          36.994403
        ]
      },
      {
        "date": "2023-09-08",
        "close": 34.294346,
        "volume": 270427,
        "typical_volume": 415250.35,
        "trend": 36.306666,
        "fair_value": 38.307006,
        "relative_strength": -13.927519,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -37.322778,
        "energy": 48.280331,
        "activity_lines": [
          35.606416,
          36.666578,
          37.365142,
          36.863329
        ]
      },
      {
        "date": "2023-09-15",
        "close": 34.420072,
        "volume": 529554,
        "typical_volume": 422654.85,
        "trend": 36.231476,
        "fair_value": 38.310398,
        "relative_strength": -13.150696,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.268041,
        "energy": 53.719755,
        "activity_lines": [
          35.130589,
          36.115675,
          37.114734,
          36.741613
        ]
      },
      {
        "date": "2023-09-22",
        "close": 33.056423,
        "volume": 276853,
        "typical_volume": 419290.95,
        "trend": 36.157394,
        "fair_value": 38.322359,
        "relative_strength": -13.694959,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.136732,
        "energy": 60.574484,
        "activity_lines": [
          34.342702,
          35.376244,
          36.729782,
          36.536771
        ]
      },
      {
        "date": "2023-09-29",
        "close": 33.762426,
        "volume": 373064,
        "typical_volume": 427054.7,
        "trend": 36.037803,
        "fair_value": 38.335019,
        "relative_strength": -11.935794,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.33979,
        "energy": 57.007694,
        "activity_lines": [
          33.983576,
          34.890625,
          36.414354,
          36.382257
        ]
      },
      {
        "date": "2023-10-06",
        "close": 34.071907,
        "volume": 455849,
        "typical_volume": 432135.3,
        "trend": 35.993074,
        "fair_value": 38.330531,
        "relative_strength": -12.762658,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.872831,
        "energy": 51.362726,
        "activity_lines": [
          33.847533,
          34.561778,
          36.125118,
          36.255425
        ]
      },
      {
        "date": "2023-10-13",
        "close": 32.843654,
        "volume": 303744,
        "typical_volume": 422178.9,
        "trend": 35.963922,
        "fair_value": 38.315377,
        "relative_strength": -15.997856,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.675046,
        "energy": 56.926237,
        "activity_lines": [
          33.488406,
          34.130813,
          35.723803,
          36.052236
        ]
      },
      {
        "date": "2023-10-20",
        "close": 31.122167,
        "volume": 377704,
        "typical_volume": 421235.55,
        "trend": 35.870644,
        "fair_value": 38.286271,
        "relative_strength": -17.984924,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -80.178652,
        "energy": 70.662314,
        "activity_lines": [
          32.652163,
          33.473167,
          35.173559,
          35.739865
        ]
      },
      {
        "date": "2023-10-27",
        "close": 29.710161,
        "volume": 390867,
        "typical_volume": 409024.1,
        "trend": 35.667679,
        "fair_value": 38.27089,
        "relative_strength": -19.446783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.074173,
        "energy": 82.969597,
        "activity_lines": [
          31.565112,
          32.657614,
          34.520744,
          35.342414
        ]
      },
      {
        "date": "2023-11-03",
        "close": 32.843654,
        "volume": 963571,
        "typical_volume": 424442.15,
        "trend": 35.677062,
        "fair_value": 38.272929,
        "relative_strength": -16.136475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.637742,
        "energy": 71.219258,
        "activity_lines": [
          31.745642,
          32.525381,
          34.213217,
          35.160219
        ]
      },
      {
        "date": "2023-11-10",
        "close": 33.270436,
        "volume": 480364,
        "typical_volume": 419493.35,
        "trend": 35.646401,
        "fair_value": 38.262432,
        "relative_strength": -17.182287,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.379111,
        "energy": 51.630763,
        "activity_lines": [
          32.129684,
          32.520157,
          33.979653,
          35.004953
        ]
      },
      {
        "date": "2023-11-17",
        "close": 34.569078,
        "volume": 497779,
        "typical_volume": 416257.6,
        "trend": 35.688571,
        "fair_value": 38.265066,
        "relative_strength": -15.335145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.477745,
        "energy": 31.569122,
        "activity_lines": [
          33.000039,
          32.816439,
          33.896504,
          34.935448
        ]
      },
      {
        "date": "2023-11-24",
        "close": 34.01667,
        "volume": 321453,
        "typical_volume": 418320.25,
        "trend": 35.707832,
        "fair_value": 38.253087,
        "relative_strength": -17.157009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.227805,
        "energy": 23.083959,
        "activity_lines": [
          33.571229,
          33.007289,
          33.782994,
          34.827584
        ]
      },
      {
        "date": "2023-12-01",
        "close": 34.966424,
        "volume": 625098,
        "typical_volume": 419603.3,
        "trend": 35.755497,
        "fair_value": 38.233263,
        "relative_strength": -14.651354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.621714,
        "energy": 22.299743,
        "activity_lines": [
          34.266037,
          33.378155,
          33.777418,
          34.779751
        ]
      },
      {
        "date": "2023-12-08",
        "close": 35.140868,
        "volume": 533217,
        "typical_volume": 428481.95,
        "trend": 35.824423,
        "fair_value": 38.212185,
        "relative_strength": -14.403301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.202948,
        "energy": 20.296234,
        "activity_lines": [
          34.668576,
          33.746012,
          33.812215,
          34.740098
        ]
      },
      {
        "date": "2023-12-15",
        "close": 37.428029,
        "volume": 867648,
        "typical_volume": 452224.3,
        "trend": 35.902012,
        "fair_value": 38.204673,
        "relative_strength": -11.522872,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 13.898608,
        "energy": 24.493184,
        "activity_lines": [
          35.680354,
          34.504653,
          34.084596,
          34.843556
        ]
      },
      {
        "date": "2023-12-22",
        "close": 38.358399,
        "volume": 636085,
        "typical_volume": 457054.55,
        "trend": 35.980687,
        "fair_value": 38.209817,
        "relative_strength": -9.827091,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.00778,
        "energy": 49.383702,
        "activity_lines": [
          36.725082,
          35.371432,
          34.461345,
          35.002033
        ]
      },
      {
        "date": "2023-12-29",
        "close": 37.815683,
        "volume": 368993,
        "typical_volume": 459451.5,
        "trend": 35.980454,
        "fair_value": 38.218357,
        "relative_strength": -10.974402,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.114512,
        "energy": 57.690741,
        "activity_lines": [
          37.336284,
          36.039267,
          34.782752,
          35.120419
        ]
      },
      {
        "date": "2024-01-05",
        "close": 35.790189,
        "volume": 595481,
        "typical_volume": 472594.7,
        "trend": 35.855106,
        "fair_value": 38.190977,
        "relative_strength": -12.471223,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.437147,
        "energy": 50.831961,
        "activity_lines": [
          37.019053,
          36.217131,
          34.905263,
          35.108144
        ]
      },
      {
        "date": "2024-01-12",
        "close": 35.770806,
        "volume": 523525,
        "typical_volume": 484844.7,
        "trend": 35.719457,
        "fair_value": 38.173998,
        "relative_strength": -14.652649,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.158449,
        "energy": 29.312453,
        "activity_lines": [
          36.640444,
          36.280924,
          35.026727,
          35.102706
        ]
      },
      {
        "date": "2024-01-19",
        "close": 35.4413,
        "volume": 560011,
        "typical_volume": 497564.35,
        "trend": 35.604682,
        "fair_value": 38.13781,
        "relative_strength": -17.228356,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 14.068314,
        "energy": 13.569188,
        "activity_lines": [
          36.110004,
          36.231586,
          35.115811,
          35.08476
        ]
      },
      {
        "date": "2024-01-26",
        "close": 36.895004,
        "volume": 471010,
        "typical_volume": 507593.5,
        "trend": 35.526458,
        "fair_value": 38.11155,
        "relative_strength": -13.90439,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.795777,
        "energy": 12.292073,
        "activity_lines": [
          36.19658,
          36.407088,
          35.350132,
          35.168006
        ]
      },
      {
        "date": "2024-02-02",
        "close": 38.697597,
        "volume": 1118301,
        "typical_volume": 537030.85,
        "trend": 35.560128,
        "fair_value": 38.074084,
        "relative_strength": -10.230863,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.430241,
        "energy": 29.274125,
        "activity_lines": [
          36.98158,
          36.868044,
          35.743744,
          35.372596
        ]
      },
      {
        "date": "2024-02-09",
        "close": 40.830512,
        "volume": 1213151,
        "typical_volume": 583845.75,
        "trend": 35.589275,
        "fair_value": 38.045235,
        "relative_strength": -6.60101,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.701716,
        "energy": 72.666362,
        "activity_lines": [
          38.418758,
          37.631696,
          36.320122,
          35.712621
        ]
      },
      {
        "date": "2024-02-16",
        "close": 42.296372,
        "volume": 876237,
        "typical_volume": 609004.4,
        "trend": 35.689487,
        "fair_value": 38.024198,
        "relative_strength": -1.329125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.386398,
        "energy": 88.493464,
        "activity_lines": [
          40.008534,
          38.555247,
          36.999086,
          36.145337
        ]
      },
      {
        "date": "2024-02-23",
        "close": 40.704312,
        "volume": 836748,
        "typical_volume": 628049.35,
        "trend": 35.688363,
        "fair_value": 37.978457,
        "relative_strength": -5.874638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.438947,
        "energy": 83.090931,
        "activity_lines": [
          40.632585,
          39.059233,
          37.485788,
          36.468874
        ]
      },
      {
        "date": "2024-03-01",
        "close": 40.995543,
        "volume": 752812,
        "typical_volume": 650502.75,
        "trend": 35.801848,
        "fair_value": 37.917648,
        "relative_strength": -6.4712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.666564,
        "energy": 82.94042,
        "activity_lines": [
          41.002847,
          39.556601,
          37.968643,
          36.811273
        ]
      },
      {
        "date": "2024-03-08",
        "close": 41.199404,
        "volume": 557528,
        "typical_volume": 659493.95,
        "trend": 35.956581,
        "fair_value": 37.854429,
        "relative_strength": -4.037364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.008687,
        "energy": 75.760657,
        "activity_lines": [
          41.167692,
          40.043087,
          38.432095,
          37.159502
        ]
      },
      {
        "date": "2024-03-15",
        "close": 40.529574,
        "volume": 434148,
        "typical_volume": 661658.0,
        "trend": 36.108973,
        "fair_value": 37.792582,
        "relative_strength": -4.15289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.471226,
        "energy": 53.958149,
        "activity_lines": [
          40.942474,
          40.346264,
          38.783766,
          37.454534
        ]
      },
      {
        "date": "2024-03-22",
        "close": 41.393558,
        "volume": 571478,
        "typical_volume": 642053.35,
        "trend": 36.303382,
        "fair_value": 37.740172,
        "relative_strength": -4.64529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.568738,
        "energy": 51.964278,
        "activity_lines": [
          41.025313,
          40.720357,
          39.166201,
          37.795475
        ]
      },
      {
        "date": "2024-03-29",
        "close": 43.325386,
        "volume": 482995,
        "typical_volume": 642184.9,
        "trend": 36.518665,
        "fair_value": 37.690886,
        "relative_strength": 0.630423,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.160157,
        "energy": 57.798524,
        "activity_lines": [
          41.812282,
          41.343461,
          39.691906,
          38.248507
        ]
      },
      {
        "date": "2024-04-05",
        "close": 40.675189,
        "volume": 490463,
        "typical_volume": 641819.1,
        "trend": 36.73136,
        "fair_value": 37.627474,
        "relative_strength": -4.562952,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.483654,
        "energy": 45.858007,
        "activity_lines": [
          41.541114,
          41.341363,
          39.91733,
          38.51667
        ]
      },
      {
        "date": "2024-04-12",
        "close": 40.519866,
        "volume": 477037,
        "typical_volume": 649598.3,
        "trend": 36.934686,
        "fair_value": 37.557158,
        "relative_strength": -4.15326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.537564,
        "energy": 38.123804,
        "activity_lines": [
          41.239529,
          41.242294,
          40.098885,
          38.76109
        ]
      },
      {
        "date": "2024-04-19",
        "close": 39.772375,
        "volume": 689681,
        "typical_volume": 652827.45,
        "trend": 37.158551,
        "fair_value": 37.483756,
        "relative_strength": -0.364238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.798909,
        "energy": 29.479364,
        "activity_lines": [
          40.734082,
          40.974186,
          40.178282,
          38.944167
        ]
      },
      {
        "date": "2024-04-26",
        "close": 40.704312,
        "volume": 730559,
        "typical_volume": 662694.55,
        "trend": 37.389948,
        "fair_value": 37.442706,
        "relative_strength": -1.703129,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.729634,
        "energy": 20.016469,
        "activity_lines": [
          40.589761,
          40.894759,
          40.32355,
          39.172925
        ]
      },
      {
        "date": "2024-05-03",
        "close": 41.384674,
        "volume": 490967,
        "typical_volume": 643860.5,
        "trend": 37.633707,
        "fair_value": 37.388512,
        "relative_strength": -0.899348,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.819081,
        "energy": 22.176337,
        "activity_lines": [
          40.718178,
          40.967981,
          40.507122,
          39.43065
        ]
      },
      {
        "date": "2024-05-10",
        "close": 43.115518,
        "volume": 663285,
        "typical_volume": 645220.5,
        "trend": 37.976102,
        "fair_value": 37.328397,
        "relative_strength": 1.808599,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.73024,
        "energy": 39.26106,
        "activity_lines": [
          41.552923,
          41.343532,
          40.836695,
          39.784315
        ]
      },
      {
        "date": "2024-05-17",
        "close": 43.60171,
        "volume": 450336,
        "typical_volume": 649287.65,
        "trend": 38.392087,
        "fair_value": 37.28811,
        "relative_strength": 0.917933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.464084,
        "energy": 62.888103,
        "activity_lines": [
          42.387043,
          41.768937,
          41.189919,
          40.147257
        ]
      },
      {
        "date": "2024-05-24",
        "close": 43.660053,
        "volume": 549846,
        "typical_volume": 647005.9,
        "trend": 38.857083,
        "fair_value": 37.258749,
        "relative_strength": -0.138748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.25518,
        "energy": 74.12335,
        "activity_lines": [
          43.035155,
          42.161271,
          41.521147,
          40.487126
        ]
      },
      {
        "date": "2024-05-31",
        "close": 38.020225,
        "volume": 1036227,
        "typical_volume": 672641.0,
        "trend": 39.029636,
        "fair_value": 37.192015,
        "relative_strength": -11.2302,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.767005,
        "energy": 24.298048,
        "activity_lines": [
          41.544145,
          41.471264,
          41.277773,
          40.433135
        ]
      },
      {
        "date": "2024-06-07",
        "close": 35.404511,
        "volume": 1117224,
        "typical_volume": 700501.65,
        "trend": 39.100771,
        "fair_value": 37.117053,
        "relative_strength": -18.936756,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -14.379185,
        "energy": 19.004826,
        "activity_lines": [
          39.36017,
          40.367005,
          40.774571,
          40.199256
        ]
      },
      {
        "date": "2024-06-14",
        "close": 34.189031,
        "volume": 695672,
        "typical_volume": 711734.75,
        "trend": 39.088103,
        "fair_value": 37.055768,
        "relative_strength": -23.786051,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.923331,
        "energy": 47.506452,
        "activity_lines": [
          37.169713,
          39.185767,
          40.155785,
          39.88237
        ]
      },
      {
        "date": "2024-06-21",
        "close": 34.043173,
        "volume": 1015144,
        "typical_volume": 706576.9,
        "trend": 39.088987,
        "fair_value": 36.981472,
        "relative_strength": -23.688799,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.7691,
        "energy": 67.473487,
        "activity_lines": [
          35.525735,
          38.095939,
          39.535994,
          39.55689
        ]
      },
      {
        "date": "2024-06-28",
        "close": 33.586152,
        "volume": 1782705,
        "typical_volume": 735054.6,
        "trend": 39.042977,
        "fair_value": 36.904125,
        "relative_strength": -24.087937,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.316437,
        "energy": 79.204091,
        "activity_lines": [
          34.366653,
          37.040774,
          38.89484,
          39.201869
        ]
      },
      {
        "date": "2024-07-05",
        "close": 31.913651,
        "volume": 486021,
        "typical_volume": 715543.8,
        "trend": 38.935404,
        "fair_value": 36.822888,
        "relative_strength": -29.77224,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -83.551698,
        "energy": 93.373649,
        "activity_lines": [
          33.321664,
          35.793995,
          38.128897,
          38.741912
        ]
      },
      {
        "date": "2024-07-12",
        "close": 33.401399,
        "volume": 956712,
        "typical_volume": 721542.0,
        "trend": 38.801183,
        "fair_value": 36.760763,
        "relative_strength": -25.696634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.360396,
        "energy": 85.823266,
        "activity_lines": [
          33.179695,
          34.977546,
          37.554087,
          38.38488
        ]
      },
      {
        "date": "2024-07-19",
        "close": 35.696226,
        "volume": 946829,
        "typical_volume": 731242.85,
        "trend": 38.712443,
        "fair_value": 36.717862,
        "relative_strength": -16.787924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.032759,
        "energy": 58.748218,
        "activity_lines": [
          33.93621,
          34.723488,
          37.232607,
          38.18456
        ]
      },
      {
        "date": "2024-07-26",
        "close": 38.321664,
        "volume": 845176,
        "typical_volume": 745625.25,
        "trend": 38.72931,
        "fair_value": 36.680507,
        "relative_strength": -7.825096,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.627733,
        "energy": 36.148531,
        "activity_lines": [
          35.467392,
          35.081679,
          37.186403,
          38.159348
        ]
      },
      {
        "date": "2024-08-02",
        "close": 34.636327,
        "volume": 1144206,
        "typical_volume": 781128.15,
        "trend": 38.690847,
        "fair_value": 36.625993,
        "relative_strength": -13.595147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.465439,
        "energy": 27.168895,
        "activity_lines": [
          35.484895,
          34.86581,
          36.802919,
          37.895285
        ]
      },
      {
        "date": "2024-08-09",
        "close": 31.845584,
        "volume": 814129,
        "typical_volume": 793260.7,
        "trend": 38.560007,
        "fair_value": 36.5531,
        "relative_strength": -20.338694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.671056,
        "energy": 35.082613,
        "activity_lines": [
          34.502138,
          34.3066,
          36.181713,
          37.453655
        ]
      },
      {
        "date": "2024-08-16",
        "close": 31.83584,
        "volume": 999237,
        "typical_volume": 819072.8,
        "trend": 38.439825,
        "fair_value": 36.493887,
        "relative_strength": -23.928816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.073443,
        "energy": 44.425755,
        "activity_lines": [
          33.520671,
          33.857886,
          35.605045,
          37.019838
        ]
      },
      {
        "date": "2024-08-23",
        "close": 32.946732,
        "volume": 700952,
        "typical_volume": 829597.25,
        "trend": 38.308216,
        "fair_value": 36.424145,
        "relative_strength": -21.580667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.547128,
        "energy": 49.453244,
        "activity_lines": [
          33.013873,
          33.676036,
          35.188889,
          36.665445
        ]
      },
      {
        "date": "2024-08-30",
        "close": 33.336519,
        "volume": 661934,
        "typical_volume": 838842.1,
        "trend": 38.129513,
        "fair_value": 36.362947,
        "relative_strength": -19.530857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.313463,
        "energy": 63.176215,
        "activity_lines": [
          32.820303,
          33.587644,
          34.846657,
          36.34469
        ]
      },
      {
        "date": "2024-09-06",
        "close": 30.403373,
        "volume": 471672,
        "typical_volume": 827941.65,
        "trend": 37.781942,
        "fair_value": 36.29107,
        "relative_strength": -21.668381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.578138,
        "energy": 73.9689,
        "activity_lines": [
          31.98136,
          32.978801,
          34.259285,
          35.84623
        ]
      },
      {
        "date": "2024-09-13",
        "close": 30.111033,
        "volume": 1339254,
        "typical_volume": 858376.4,
        "trend": 37.375764,
        "fair_value": 36.211578,
        "relative_strength": -26.277401,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.984856,
        "energy": 73.067898,
        "activity_lines": [
          31.327168,
          32.374674,
          33.688685,
          35.351332
        ]
      },
      {
        "date": "2024-09-20",
        "close": 31.485032,
        "volume": 1839394,
        "typical_volume": 925797.75,
        "trend": 37.068454,
        "fair_value": 36.133443,
        "relative_strength": -23.575755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.119758,
        "energy": 58.190638,
        "activity_lines": [
          31.246612,
          32.05314,
          33.299386,
          34.971285
        ]
      },
      {
        "date": "2024-09-27",
        "close": 34.661794,
        "volume": 1690382,
        "typical_volume": 977152.6,
        "trend": 36.857329,
        "fair_value": 36.060953,
        "relative_strength": -16.280738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.277782,
        "energy": 39.783366,
        "activity_lines": [
          32.248364,
          32.344042,
          33.259777,
          34.816017
        ]
      },
      {
        "date": "2024-10-04",
        "close": 33.940689,
        "volume": 1324607,
        "typical_volume": 1020866.15,
        "trend": 36.615372,
        "fair_value": 35.96906,
        "relative_strength": -17.663804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.115079,
        "energy": 25.272351,
        "activity_lines": [
          32.89541,
          32.522642,
          33.191747,
          34.627846
        ]
      },
      {
        "date": "2024-10-11",
        "close": 33.882221,
        "volume": 882780,
        "typical_volume": 1037512.85,
        "trend": 36.393794,
        "fair_value": 35.879236,
        "relative_strength": -18.406549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.63135,
        "energy": 20.25844,
        "activity_lines": [
          33.482689,
          32.770265,
          33.164154,
          34.451514
        ]
      },
      {
        "date": "2024-10-18",
        "close": 33.492434,
        "volume": 751186,
        "typical_volume": 1023260.8,
        "trend": 36.130423,
        "fair_value": 35.792349,
        "relative_strength": -19.145089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.439623,
        "energy": 21.654404,
        "activity_lines": [
          33.708116,
          32.960729,
          33.145999,
          34.264329
        ]
      },
      {
        "date": "2024-10-25",
        "close": 31.611712,
        "volume": 734537,
        "typical_volume": 1004126.45,
        "trend": 35.739967,
        "fair_value": 35.706292,
        "relative_strength": -23.415375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.407017,
        "energy": 20.03412,
        "activity_lines": [
          33.081209,
          32.779301,
          32.970289,
          33.9728
        ]
      },
      {
        "date": "2024-11-01",
        "close": 31.143968,
        "volume": 1748459,
        "typical_volume": 1056765.8,
        "trend": 35.42226,
        "fair_value": 35.580333,
        "relative_strength": -22.863765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.721364,
        "energy": 32.919608,
        "activity_lines": [
          32.289941,
          32.516904,
          32.768093,
          33.676284
        ]
      },
      {
        "date": "2024-11-08",
        "close": 35.441368,
        "volume": 1931033,
        "typical_volume": 1102560.25,
        "trend": 35.252977,
        "fair_value": 35.489197,
        "relative_strength": -16.400044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.487028,
        "energy": 7.805681,
        "activity_lines": [
          33.165662,
          33.068629,
          32.989673,
          33.677516
        ]
      },
      {
        "date": "2024-11-15",
        "close": 36.261499,
        "volume": 1549091,
        "typical_volume": 1090879.55,
        "trend": 35.135947,
        "fair_value": 35.420868,
        "relative_strength": -11.083676,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.543329,
        "energy": 7.773176,
        "activity_lines": [
          34.214715,
          33.7312,
          33.282703,
          33.742582
        ]
      },
      {
        "date": "2024-11-22",
        "close": 37.61862,
        "volume": 863199,
        "typical_volume": 1109738.45,
        "trend": 35.033091,
        "fair_value": 35.370715,
        "relative_strength": -9.149065,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.119546,
        "energy": 41.106226,
        "activity_lines": [
          35.557523,
          34.534008,
          33.692242,
          33.902755
        ]
      },
      {
        "date": "2024-11-29",
        "close": 38.360643,
        "volume": 900161,
        "typical_volume": 1106910.9,
        "trend": 34.93229,
        "fair_value": 35.344091,
        "relative_strength": -7.749233,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 45.244925,
        "energy": 60.774713,
        "activity_lines": [
          36.872593,
          35.335228,
          34.145284,
          34.117435
        ]
      },
      {
        "date": "2024-12-06",
        "close": 38.770709,
        "volume": 1264522,
        "typical_volume": 1122795.55,
        "trend": 34.787463,
        "fair_value": 35.309456,
        "relative_strength": -9.373481,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.436727,
        "energy": 69.691952,
        "activity_lines": [
          37.874423,
          36.085994,
          34.613765,
          34.365075
        ]
      },
      {
        "date": "2024-12-13",
        "close": 37.979868,
        "volume": 1323506,
        "typical_volume": 1146712.05,
        "trend": 34.600068,
        "fair_value": 35.282837,
        "relative_strength": -11.451728,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.854966,
        "energy": 66.264826,
        "activity_lines": [
          38.10419,
          36.618263,
          34.992287,
          34.571037
        ]
      },
      {
        "date": "2024-12-20",
        "close": 35.695218,
        "volume": 1639592,
        "typical_volume": 1171481.35,
        "trend": 34.334574,
        "fair_value": 35.234541,
        "relative_strength": -14.352916,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 60.445906,
        "energy": 60.954647,
        "activity_lines": [
          37.403173,
          36.661702,
          35.15485,
          34.641692
        ]
      },
      {
        "date": "2024-12-27",
        "close": 36.554403,
        "volume": 530544,
        "typical_volume": 1157302.1,
        "trend": 34.285713,
        "fair_value": 35.186004,
        "relative_strength": -12.605767,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.059691,
        "energy": 39.076184,
        "activity_lines": [
          37.026303,
          36.828393,
          35.394199,
          34.784907
        ]
      },
      {
        "date": "2025-01-03",
        "close": 35.910014,
        "volume": 533956,
        "typical_volume": 1134038.05,
        "trend": 34.302563,
        "fair_value": 35.116583,
        "relative_strength": -13.038335,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.379857,
        "energy": 24.284428,
        "activity_lines": [
          36.505585,
          36.82225,
          35.549754,
          34.8897
        ]
      },
      {
        "date": "2025-01-10",
        "close": 33.58631,
        "volume": 721404,
        "typical_volume": 1135060.65,
        "trend": 34.282473,
        "fair_value": 35.029026,
        "relative_strength": -16.402177,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.884863,
        "energy": 17.997775,
        "activity_lines": [
          35.373675,
          36.315464,
          35.464604,
          34.84349
        ]
      },
      {
        "date": "2025-01-17",
        "close": 35.441368,
        "volume": 585774,
        "typical_volume": 1131252.65,
        "trend": 34.329079,
        "fair_value": 34.970665,
        "relative_strength": -13.895495,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.678771,
        "energy": 19.055366,
        "activity_lines": [
          35.205743,
          36.101556,
          35.553079,
          34.918258
        ]
      },
      {
        "date": "2025-01-24",
        "close": 36.505585,
        "volume": 823259,
        "typical_volume": 1148832.0,
        "trend": 34.426393,
        "fair_value": 34.941321,
        "relative_strength": -12.232322,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.772274,
        "energy": 19.418619,
        "activity_lines": [
          35.561784,
          36.081141,
          35.732886,
          35.058678
        ]
      },
      {
        "date": "2025-01-31",
        "close": 35.55853,
        "volume": 1097740,
        "typical_volume": 1136756.3,
        "trend": 34.547889,
        "fair_value": 34.899425,
        "relative_strength": -12.824195,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.78783,
        "energy": 16.489689,
        "activity_lines": [
          35.548115,
          35.884097,
          35.793439,
          35.131719
        ]
      },
      {
        "date": "2025-02-07",
        "close": 33.508203,
        "volume": 810622,
        "typical_volume": 1085317.7,
        "trend": 34.55145,
        "fair_value": 34.843042,
        "relative_strength": -17.341238,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.115867,
        "energy": 6.808177,
        "activity_lines": [
          34.917396,
          35.351722,
          35.632782,
          35.064642
        ]
      },
      {
        "date": "2025-02-14",
        "close": 20.036438,
        "volume": 8810302,
        "typical_volume": 1441313.7,
        "trend": 34.029457,
        "fair_value": 34.701097,
        "relative_strength": -51.227383,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -53.150452,
        "energy": 68.530366,
        "activity_lines": [
          29.956209,
          32.458161,
          34.179466,
          34.12819
        ]
      },
      {
        "date": "2025-02-21",
        "close": 18.490658,
        "volume": 4076561,
        "typical_volume": 1578911.4,
        "trend": 33.368423,
        "fair_value": 34.544162,
        "relative_strength": -53.267608,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -92.232848,
        "energy": 96.498779,
        "activity_lines": [
          25.383086,
          29.624173,
          32.648577,
          33.125687
        ]
      },
      {
        "date": "2025-02-28",
        "close": 17.052495,
        "volume": 5215433,
        "typical_volume": 1795544.05,
        "trend": 32.782295,
        "fair_value": 34.379844,
        "relative_strength": -54.700178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.22418,
        "energy": 96.448254,
        "activity_lines": [
          21.460624,
          26.88305,
          31.054292,
          32.073046
        ]
      },
      {
        "date": "2025-03-07",
        "close": 17.55145,
        "volume": 4315687,
        "typical_volume": 1973769.1,
        "trend": 32.305824,
        "fair_value": 34.232318,
        "relative_strength": -51.076074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.094595,
        "energy": 92.634055,
        "activity_lines": [
          19.001352,
          24.571604,
          29.587668,
          31.090411
        ]
      },
      {
        "date": "2025-03-14",
        "close": 17.942786,
        "volume": 3366095,
        "typical_volume": 2105347.0,
        "trend": 31.842722,
        "fair_value": 34.077809,
        "relative_strength": -47.944394,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.597518,
        "energy": 88.901547,
        "activity_lines": [
          17.872998,
          22.676819,
          28.234224,
          30.163763
        ]
      },
      {
        "date": "2025-03-21",
        "close": 18.060187,
        "volume": 2981504,
        "typical_volume": 2166999.25,
        "trend": 31.346504,
        "fair_value": 33.908808,
        "relative_strength": -46.942926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.188318,
        "energy": 88.150928,
        "activity_lines": [
          17.821472,
          21.130056,
          26.957051,
          29.274567
        ]
      },
      {
        "date": "2025-03-28",
        "close": 16.670942,
        "volume": 2005031,
        "typical_volume": 2170699.15,
        "trend": 30.790985,
        "fair_value": 33.758086,
        "relative_strength": -48.988051,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.100162,
        "energy": 80.594274,
        "activity_lines": [
          17.438614,
          19.612996,
          25.609872,
          28.327757
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.234871,
        "volume": 2767918,
        "typical_volume": 2231640.5,
        "trend": 30.252035,
        "fair_value": 33.618873,
        "relative_strength": -50.871015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.528865,
        "energy": 72.137939,
        "activity_lines": [
          16.365047,
          17.994295,
          24.12007,
          27.259621
        ]
      },
      {
        "date": "2025-04-11",
        "close": 12.679308,
        "volume": 3604145,
        "typical_volume": 2368687.8,
        "trend": 29.670977,
        "fair_value": 33.467912,
        "relative_strength": -58.538106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.571125,
        "energy": 72.615775,
        "activity_lines": [
          14.960801,
          16.497687,
          22.587007,
          26.125896
        ]
      },
      {
        "date": "2025-04-18",
        "close": 12.845626,
        "volume": 2212011,
        "typical_volume": 2434280.3,
        "trend": 29.049664,
        "fair_value": 33.317038,
        "relative_strength": -56.17372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.423352,
        "energy": 70.453016,
        "activity_lines": [
          13.936803,
          15.447303,
          21.188543,
          25.04039
        ]
      },
      {
        "date": "2025-04-25",
        "close": 14.596858,
        "volume": 2420470,
        "typical_volume": 2492077.7,
        "trend": 28.380833,
        "fair_value": 33.193554,
        "relative_strength": -52.307057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.599806,
        "energy": 66.876983,
        "activity_lines": [
          13.83636,
          15.091009,
          20.078363,
          24.107951
        ]
      },
      {
        "date": "2025-05-02",
        "close": 15.487149,
        "volume": 1611493,
        "typical_volume": 2506477.05,
        "trend": 27.765715,
        "fair_value": 33.079089,
        "relative_strength": -50.135868,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.777186,
        "energy": 65.015256,
        "activity_lines": [
          14.263569,
          14.995488,
          19.168086,
          23.2761
        ]
      },
      {
        "date": "2025-05-09",
        "close": 16.224164,
        "volume": 1408637,
        "typical_volume": 2494929.3,
        "trend": 27.177113,
        "fair_value": 32.978736,
        "relative_strength": -46.622682,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.219416,
        "energy": 59.529435,
        "activity_lines": [
          15.01537,
          15.088578,
          18.435109,
          22.531484
        ]
      },
      {
        "date": "2025-05-16",
        "close": 17.521311,
        "volume": 1661280,
        "typical_volume": 2551466.1,
        "trend": 26.644742,
        "fair_value": 32.889765,
        "relative_strength": -44.983769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.147342,
        "energy": 51.384345,
        "activity_lines": [
          16.066933,
          15.432574,
          17.91839,
          21.908529
        ]
      },
      {
        "date": "2025-05-23",
        "close": 16.135722,
        "volume": 2218596,
        "typical_volume": 2635698.1,
        "trend": 26.128876,
        "fair_value": 32.786635,
        "relative_strength": -47.04252,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.459171,
        "energy": 45.664376,
        "activity_lines": [
          16.333833,
          15.525192,
          17.360343,
          21.230528
        ]
      },
      {
        "date": "2025-05-30",
        "close": 14.307924,
        "volume": 3962877,
        "typical_volume": 2797771.75,
        "trend": 25.567674,
        "fair_value": 32.664428,
        "relative_strength": -53.069798,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.074741,
        "energy": 50.72253,
        "activity_lines": [
          15.772128,
          15.318339,
          16.722383,
          20.467886
        ]
      },
      {
        "date": "2025-06-06",
        "close": 15.084247,
        "volume": 3589426,
        "typical_volume": 2947954.35,
        "trend": 24.889104,
        "fair_value": 32.559528,
        "relative_strength": -50.751042,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.21073,
        "energy": 48.667616,
        "activity_lines": [
          15.488459,
          15.320859,
          16.250161,
          19.791535
        ]
      },
      {
        "date": "2025-06-13",
        "close": 14.779614,
        "volume": 1848076,
        "typical_volume": 2999195.2,
        "trend": 24.173041,
        "fair_value": 32.47746,
        "relative_strength": -50.758062,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.833938,
        "energy": 54.668126,
        "activity_lines": [
          15.130106,
          15.29684,
          15.845865,
          19.13931
        ]
      },
      {
        "date": "2025-06-20",
        "close": 14.160521,
        "volume": 1398099,
        "typical_volume": 3014213.15,
        "trend": 23.391104,
        "fair_value": 32.379951,
        "relative_strength": -52.090077,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.947552,
        "energy": 56.370926,
        "activity_lines": [
          14.661691,
          15.150355,
          15.486065,
          18.493341
        ]
      },
      {
        "date": "2025-06-27",
        "close": 15.162862,
        "volume": 1787970,
        "typical_volume": 3063080.55,
        "trend": 22.617845,
        "fair_value": 32.300524,
        "relative_strength": -50.010466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.145348,
        "energy": 48.56026,
        "activity_lines": [
          14.751444,
          15.159182,
          15.323621,
          17.962487
        ]
      },
      {
        "date": "2025-07-04",
        "close": 16.106242,
        "volume": 1222500,
        "typical_volume": 2683690.45,
        "trend": 21.862362,
        "fair_value": 32.229292,
        "relative_strength": -47.018732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.951623,
        "energy": 41.548372,
        "activity_lines": [
          15.220513,
          15.297401,
          15.338381,
          17.542384
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15.958839,
        "volume": 1927402,
        "typical_volume": 2576232.5,
        "trend": 21.128328,
        "fair_value": 32.155335,
        "relative_strength": -46.577623,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.704075,
        "energy": 27.507373,
        "activity_lines": [
          15.52056,
          15.381376,
          15.357819,
          17.161511
        ]
      },
      {
        "date": "2025-07-18",
        "close": 14.995805,
        "volume": 1679850,
        "typical_volume": 2399453.35,
        "trend": 20.438348,
        "fair_value": 32.062752,
        "relative_strength": -49.554324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.404476,
        "energy": 25.591234,
        "activity_lines": [
          15.44129,
          15.281678,
          15.297595,
          16.765864
        ]
      },
      {
        "date": "2025-07-25",
        "close": 15.89005,
        "volume": 1566735,
        "typical_volume": 2262005.75,
        "trend": 19.749536,
        "fair_value": 31.961545,
        "relative_strength": -45.945387,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.226344,
        "energy": 15.870744,
        "activity_lines": [
          15.645689,
          15.366904,
          15.332331,
          16.472426
        ]
      },
      {
        "date": "2025-08-01",
        "close": 13.865715,
        "volume": 3809432,
        "typical_volume": 2284172.6,
        "trend": 19.014726,
        "fair_value": 31.853194,
        "relative_strength": -50.809784,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.585713,
        "energy": 33.078595,
        "activity_lines": [
          15.060007,
          15.113728,
          15.182185,
          16.092824
        ]
      },
      {
        "date": "2025-08-08",
        "close": 13.728139,
        "volume": 1578669,
        "typical_volume": 2214030.85,
        "trend": 18.352787,
        "fair_value": 31.731788,
        "relative_strength": -52.197284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.14973,
        "energy": 39.835757,
        "activity_lines": [
          14.514944,
          14.876811,
          15.03835,
          15.751754
        ]
      },
      {
        "date": "2025-08-15",
        "close": 14.123193,
        "volume": 1430293,
        "typical_volume": 2185293.95,
        "trend": 17.642181,
        "fair_value": 31.617464,
        "relative_strength": -50.237402,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.908335,
        "energy": 38.215861,
        "activity_lines": [
          14.260105,
          14.722263,
          14.952769,
          15.478877
        ]
      },
      {
        "date": "2025-08-22",
        "close": 15.199716,
        "volume": 1571011,
        "typical_volume": 2125448.6,
        "trend": 16.931985,
        "fair_value": 31.516005,
        "relative_strength": -45.028669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.283371,
        "energy": 34.828167,
        "activity_lines": [
          14.486483,
          14.780921,
          14.981846,
          15.321299
        ]
      },
      {
        "date": "2025-08-29",
        "close": 14.794786,
        "volume": 1604814,
        "typical_volume": 2025482.05,
        "trend": 16.239861,
        "fair_value": 31.426029,
        "relative_strength": -45.380095,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.314592,
        "energy": 30.330579,
        "activity_lines": [
          14.564291,
          14.758317,
          14.967764,
          15.183415
        ]
      },
      {
        "date": "2025-09-05",
        "close": 14.705898,
        "volume": 1680490,
        "typical_volume": 1998906.0,
        "trend": 15.613117,
        "fair_value": 31.329151,
        "relative_strength": -45.297772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.742571,
        "energy": 22.442698,
        "activity_lines": [
          14.685487,
          14.70802,
          14.935142,
          15.08445
        ]
      },
      {
        "date": "2025-09-12",
        "close": 14.261462,
        "volume": 1038746,
        "typical_volume": 1929819.8,
        "trend": 15.420618,
        "fair_value": 31.243872,
        "relative_strength": -47.05,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.973604,
        "energy": 19.463334,
        "activity_lines": [
          14.602526,
          14.585224,
          14.851335,
          14.997246
        ]
      },
      {
        "date": "2025-09-19",
        "close": 14.86392,
        "volume": 1697816,
        "typical_volume": 1934135.95,
        "trend": 15.299727,
        "fair_value": 31.175366,
        "relative_strength": -45.041815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.159682,
        "energy": 16.916516,
        "activity_lines": [
          14.684829,
          14.605507,
          14.826502,
          14.96133
        ]
      },
      {
        "date": "2025-09-26",
        "close": 14.42936,
        "volume": 1168651,
        "typical_volume": 1922136.65,
        "trend": 15.212289,
        "fair_value": 31.107026,
        "relative_strength": -45.30466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.233153,
        "energy": 18.837114,
        "activity_lines": [
          14.572897,
          14.566688,
          14.76325,
          14.905178
        ]
      },
      {
        "date": "2025-10-03",
        "close": 14.854044,
        "volume": 1564284,
        "typical_volume": 1917286.85,
        "trend": 15.122375,
        "fair_value": 31.049523,
        "relative_strength": -43.248762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.398495,
        "energy": 16.240574,
        "activity_lines": [
          14.653883,
          14.615382,
          14.748991,
          14.882065
        ]
      },
      {
        "date": "2025-10-10",
        "close": 14.182451,
        "volume": 1479829,
        "typical_volume": 1880348.5,
        "trend": 14.997031,
        "fair_value": 30.986425,
        "relative_strength": -43.429437,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.687233,
        "energy": 21.938893,
        "activity_lines": [
          14.507054,
          14.560806,
          14.683471,
          14.821425
        ]
      },
      {
        "date": "2025-10-17",
        "close": 14.518248,
        "volume": 1550177,
        "typical_volume": 1759713.5,
        "trend": 14.878966,
        "fair_value": 30.923388,
        "relative_strength": -42.324722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.923152,
        "energy": 20.218906,
        "activity_lines": [
          14.507054,
          14.561524,
          14.659234,
          14.790535
        ]
      },
      {
        "date": "2025-10-24",
        "close": 15.555265,
        "volume": 1463936,
        "typical_volume": 1653439.0,
        "trend": 14.841777,
        "fair_value": 30.850153,
        "relative_strength": -38.417073,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.728852,
        "energy": 4.773977,
        "activity_lines": [
          14.835608,
          14.736425,
          14.732759,
          14.834168
        ]
      },
      {
        "date": "2025-10-31",
        "close": 16.02933,
        "volume": 2530103,
        "typical_volume": 1687540.35,
        "trend": 14.901592,
        "fair_value": 30.7757,
        "relative_strength": -36.593304,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.011926,
        "energy": 22.429095,
        "activity_lines": [
          15.276093,
          14.971483,
          14.84919,
          14.910784
        ]
      },
      {
        "date": "2025-11-07",
        "close": 15.525636,
        "volume": 1759341,
        "typical_volume": 1705602.45,
        "trend": 14.99647,
        "fair_value": 30.681868,
        "relative_strength": -35.281114,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.344107,
        "energy": 21.834543,
        "activity_lines": [
          15.442016,
          15.099875,
          14.911699,
          14.951045
        ]
      },
      {
        "date": "2025-11-14",
        "close": 14.831199,
        "volume": 1502664,
        "typical_volume": 1691337.15,
        "trend": 15.062656,
        "fair_value": 30.576744,
        "relative_strength": -36.565549,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.710102,
        "energy": 17.320974,
        "activity_lines": [
          15.331687,
          15.088718,
          14.90157,
          14.940382
        ]
      },
      {
        "date": "2025-11-21",
        "close": 14.999848,
        "volume": 1400475,
        "typical_volume": 1700235.9,
        "trend": 15.076089,
        "fair_value": 30.48022,
        "relative_strength": -32.123677,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.270505,
        "energy": 16.498299,
        "activity_lines": [
          15.234325,
          15.105947,
          14.909083,
          14.93633
        ]
      },
      {
        "date": "2025-11-28",
        "close": 16.309358,
        "volume": 881978,
        "typical_volume": 1647964.7,
        "trend": 15.103496,
        "fair_value": 30.383461,
        "relative_strength": -27.848403,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.345396,
        "energy": 20.271297,
        "activity_lines": [
          15.541359,
          15.347843,
          15.046579,
          15.015896
        ]
      },
      {
        "date": "2025-12-05",
        "close": 17.013716,
        "volume": 863500,
        "typical_volume": 1607147.2,
        "trend": 15.129814,
        "fair_value": 30.296087,
        "relative_strength": -23.596967,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 65.021613,
        "energy": 44.618113,
        "activity_lines": [
          16.032906,
          15.691523,
          15.249488,
          15.139136
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17.727995,
        "volume": 1172053,
        "typical_volume": 1587413.1,
        "trend": 15.136704,
        "fair_value": 30.219332,
        "relative_strength": -16.917363,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.160823,
        "energy": 62.903667,
        "activity_lines": [
          16.696921,
          16.118084,
          15.510815,
          15.30676
        ]
      },
      {
        "date": "2025-12-19",
        "close": 17.152604,
        "volume": 1146620,
        "typical_volume": 1454272.5,
        "trend": 15.1706,
        "fair_value": 30.133402,
        "relative_strength": -18.188081,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.299172,
        "energy": 65.499576,
        "activity_lines": [
          17.022314,
          16.387775,
          15.70859,
          15.436819
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17.648631,
        "volume": 539332,
        "typical_volume": 1402305.65,
        "trend": 15.281956,
        "fair_value": 30.0464,
        "relative_strength": -14.828948,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.039718,
        "energy": 70.712743,
        "activity_lines": [
          17.35829,
          16.69365,
          15.937954,
          15.596692
        ]
      },
      {
        "date": "2026-01-02",
        "close": 17.063319,
        "volume": 576226,
        "typical_volume": 1359602.3,
        "trend": 15.347926,
        "fair_value": 29.942393,
        "relative_strength": -14.130676,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.412104,
        "energy": 63.683012,
        "activity_lines": [
          17.322576,
          16.836188,
          16.092905,
          15.711618
        ]
      },
      {
        "date": "2026-01-09",
        "close": 19.533532,
        "volume": 1373702,
        "typical_volume": 1349736.85,
        "trend": 15.506389,
        "fair_value": 29.843743,
        "relative_strength": -1.759574,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.13442,
        "energy": 73.20848,
        "activity_lines": [
          18.060002,
          17.400437,
          16.469114,
          15.981657
        ]
      },
      {
        "date": "2026-01-16",
        "close": 20.624791,
        "volume": 1939071,
        "typical_volume": 1366449.7,
        "trend": 15.721865,
        "fair_value": 29.761642,
        "relative_strength": 6.900968,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.150814,
        "energy": 82.123541,
        "activity_lines": [
          18.993194,
          18.099384,
          16.928615,
          16.311877
        ]
      },
      {
        "date": "2026-01-23",
        "close": 20.79344,
        "volume": 1477638,
        "typical_volume": 1356307.1,
        "trend": 15.909551,
        "fair_value": 29.677047,
        "relative_strength": 9.965748,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.039474,
        "energy": 85.18928,
        "activity_lines": [
          19.789482,
          18.736282,
          17.376416,
          16.639075
        ]
      },
      {
        "date": "2026-01-30",
        "close": 20.912486,
        "volume": 3067249,
        "typical_volume": 1457732.25,
        "trend": 16.069759,
        "fair_value": 29.57115,
        "relative_strength": 13.241912,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.388991,
        "energy": 90.234972,
        "activity_lines": [
          20.38273,
          19.286421,
          17.806566,
          16.961845
        ]
      },
      {
        "date": "2026-02-06",
        "close": 22.579136,
        "volume": 2641394,
        "typical_volume": 1504911.15,
        "trend": 16.290436,
        "fair_value": 29.492335,
        "relative_strength": 26.967585,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.610955,
        "energy": 93.59557,
        "activity_lines": [
          21.313937,
          20.032084,
          18.363774,
          17.381805
        ]
      },
      {
        "date": "2026-02-13",
        "close": 20.23789,
        "volume": 3608776,
        "typical_volume": 1626917.4,
        "trend": 16.465172,
        "fair_value": 29.386964,
        "relative_strength": 15.552928,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.502744,
        "energy": 77.203571,
        "activity_lines": [
          21.097008,
          20.23807,
          18.661266,
          17.636479
        ]
      },
      {
        "date": "2026-02-20",
        "close": 19.013463,
        "volume": 1659653,
        "typical_volume": 1631685.85,
        "trend": 16.569286,
        "fair_value": 29.282698,
        "relative_strength": 7.624359,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.090354,
        "energy": 52.057199,
        "activity_lines": [
          20.42498,
          20.162812,
          18.814487,
          17.800885
        ]
      },
      {
        "date": "2026-02-27",
        "close": 18.894006,
        "volume": 2563800,
        "typical_volume": 1685884.4,
        "trend": 16.736895,
        "fair_value": 29.164389,
        "relative_strength": 7.401846,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.057836,
        "energy": 37.099456,
        "activity_lines": [
          19.820554,
          20.042463,
          18.936524,
          17.950867
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.694019,
        "volume": 2216802,
        "typical_volume": 1719215.65,
        "trend": 16.835758,
        "fair_value": 29.044391,
        "relative_strength": -3.395653,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 14.807373,
        "energy": 21.855925,
        "activity_lines": [
          18.609428,
          19.490453,
          18.826602,
          17.948101
        ]
      },
      {
        "date": "2026-03-13",
        "close": 14.583625,
        "volume": 2633674,
        "typical_volume": 1777702.55,
        "trend": 16.851106,
        "fair_value": 28.921733,
        "relative_strength": -14.002916,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.969821,
        "energy": 29.328029,
        "activity_lines": [
          16.976069,
          18.572093,
          18.50533,
          17.802802
        ]
      },
      {
        "date": "2026-03-20",
        "close": 13.827068,
        "volume": 3187989,
        "typical_volume": 1810596.85,
        "trend": 16.805351,
        "fair_value": 28.792929,
        "relative_strength": -16.039865,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -43.116739,
        "energy": 48.032461,
        "activity_lines": [
          15.623558,
          17.561262,
          18.116632,
          17.607703
        ]
      },
      {
        "date": "2026-03-27",
        "close": 14.006252,
        "volume": 2040038,
        "typical_volume": 1824631.7,
        "trend": 16.779066,
        "fair_value": 28.653231,
        "relative_strength": -11.465911,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.782576,
        "energy": 59.109696,
        "activity_lines": [
          14.758163,
          16.686764,
          17.755485,
          17.427116
        ]
      },
      {
        "date": "2026-04-03",
        "close": 13.886796,
        "volume": 2123065,
        "typical_volume": 1855651.75,
        "trend": 16.751763,
        "fair_value": 28.533518,
        "relative_strength": -14.995019,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.512133,
        "energy": 66.139562,
        "activity_lines": [
          14.186764,
          15.910883,
          17.390198,
          17.240518
        ]
      },
      {
        "date": "2026-04-10",
        "close": 15.599003,
        "volume": 2434636,
        "typical_volume": 1907359.8,
        "trend": 16.796348,
        "fair_value": 28.414343,
        "relative_strength": -8.432676,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.541521,
        "energy": 56.786913,
        "activity_lines": [
          14.519914,
          15.571888,
          17.192474,
          17.166146
        ]
      },
      {
        "date": "2026-04-17",
        "close": 15.638822,
        "volume": 1482675,
        "typical_volume": 1937394.65,
        "trend": 16.822178,
        "fair_value": 28.301105,
        "relative_strength": -13.247235,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.463678,
        "energy": 36.450608,
        "activity_lines": [
          14.939339,
          15.336742,
          16.99569,
          17.091467
        ]
      },
      {
        "date": "2026-04-24",
        "close": 16.0171,
        "volume": 1331287,
        "typical_volume": 1960784.0,
        "trend": 16.875102,
        "fair_value": 28.189427,
        "relative_strength": -12.648419,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.838112,
        "energy": 22.495248,
        "activity_lines": [
          15.414509,
          15.296561,
          16.838125,
          17.039527
        ]
      },
      {
        "date": "2026-05-01",
        "close": 15.38,
        "volume": 1270645,
        "typical_volume": 1965713.6,
        "trend": 16.892634,
        "fair_value": 28.073039,
        "relative_strength": -16.880718,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.714081,
        "energy": 14.230594,
        "activity_lines": [
          15.531311,
          15.217286,
          16.62463,
          16.943068
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.93,
        "volume": 1139733,
        "typical_volume": 1965369.25,
        "trend": 16.950886,
        "fair_value": 27.963147,
        "relative_strength": -17.764444,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -37.675576,
        "energy": 20.77026,
        "activity_lines": [
          15.739863,
          15.304073,
          16.474697,
          16.880963
        ]
      },
      {
        "date": "2026-05-15",
        "close": 14.28,
        "volume": 1448952,
        "typical_volume": 2010850.25,
        "trend": 16.942944,
        "fair_value": 27.829684,
        "relative_strength": -25.327173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.256519,
        "energy": 30.906379,
        "activity_lines": [
          15.262201,
          15.144752,
          16.173443,
          16.708648
        ]
      },
      {
        "date": "2026-05-22",
        "close": 14.94,
        "volume": 2135982,
        "typical_volume": 2088838.05,
        "trend": 16.922435,
        "fair_value": 27.694696,
        "relative_strength": -22.204277,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.181193,
        "energy": 34.204201,
        "activity_lines": [
          15.092473,
          15.149321,
          15.951087,
          16.579425
        ]
      },
      {
        "date": "2026-05-29",
        "close": 15.96,
        "volume": 1427611,
        "typical_volume": 2091533.5,
        "trend": 16.920125,
        "fair_value": 27.55455,
        "relative_strength": -18.878385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.271908,
        "energy": 29.049538,
        "activity_lines": [
          15.309333,
          15.332866,
          15.835985,
          16.517333
        ]
      },
      {
        "date": "2026-06-05",
        "close": 12.88,
        "volume": 3823369,
        "typical_volume": 2185748.4,
        "trend": 16.831937,
        "fair_value": 27.383585,
        "relative_strength": -30.932578,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.256881,
        "energy": 53.146527,
        "activity_lines": [
          14.503333,
          14.91763,
          15.444566,
          16.25668
        ]
      },
      {
        "date": "2026-06-12",
        "close": 13.83,
        "volume": 4571242,
        "typical_volume": 2340428.6,
        "trend": 16.798563,
        "fair_value": 27.216852,
        "relative_strength": -27.035799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.006824,
        "energy": 50.800035,
        "activity_lines": [
          14.180667,
          14.695599,
          15.180504,
          16.063006
        ]
      },
      {
        "date": "2026-06-19",
        "close": 14.69,
        "volume": 4303941,
        "typical_volume": 2402263.2,
        "trend": 16.788235,
        "fair_value": 27.061759,
        "relative_strength": -24.11946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.830808,
        "energy": 42.871934,
        "activity_lines": [
          14.284667,
          14.630964,
          15.031505,
          15.92697
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.47,
        "volume": 3149972,
        "typical_volume": 2427692.1,
        "trend": 16.726923,
        "fair_value": 26.902966,
        "relative_strength": -21.313298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.805437,
        "energy": 46.841493,
        "activity_lines": [
          14.288,
          14.542856,
          14.891185,
          15.777406
        ]
      },
      {
        "date": "2026-07-03",
        "close": 13.503253,
        "volume": 2132749,
        "typical_volume": 2353890.75,
        "trend": 16.609908,
        "fair_value": 26.747938,
        "relative_strength": -26.648769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.947938,
        "energy": 38.781882,
        "activity_lines": [
          14.000418,
          14.300228,
          14.697409,
          15.569428
        ]
      },
      {
        "date": "2026-07-10",
        "close": 13.194322,
        "volume": 2760005,
        "typical_volume": 2408908.35,
        "trend": 16.458785,
        "fair_value": 26.576389,
        "relative_strength": -29.03621,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.924308,
        "energy": 39.997178,
        "activity_lines": [
          13.773641,
          14.047136,
          14.506281,
          15.349067
        ]
      },
      {
        "date": "2026-07-17",
        "close": 14.310458,
        "volume": 2636686,
        "typical_volume": 2412552.65,
        "trend": 16.364047,
        "fair_value": 26.416263,
        "relative_strength": -19.315028,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.127452,
        "energy": 33.858526,
        "activity_lines": [
          13.897956,
          14.036718,
          14.449161,
          15.210466
        ]
      },
      {
        "date": "2026-07-24",
        "close": 16.064386,
        "volume": 2799359,
        "typical_volume": 2441680.5,
        "trend": 16.311239,
        "fair_value": 26.258099,
        "relative_strength": -7.630713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.948099,
        "energy": 14.948336,
        "activity_lines": [
          14.574882,
          14.374642,
          14.580909,
          15.191133
        ]
      },
      {
        "date": "2026-07-31",
        "close": 19.103864,
        "volume": 7293494,
        "typical_volume": 2674671.5,
        "trend": 16.379257,
        "fair_value": 26.139592,
        "relative_strength": 9.027874,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 14.094292,
        "energy": 19.50139,
        "activity_lines": [
          16.173342,
          15.232755,
          15.005129,
          15.371302
        ]
      },
      {
        "date": "2026-08-07",
        "close": 20.22,
        "volume": 3765198,
        "typical_volume": 2703531.95,
        "trend": 16.402139,
        "fair_value": 26.034865,
        "relative_strength": 9.475976,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.357916,
        "energy": 43.509969,
        "activity_lines": [
          17.834923,
          16.218096,
          15.514123,
          15.619092
        ]
      }
    ],
    "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."
    }
  }
}