{
  "ticker": {
    "uuid": "6ce4d342-e659-4657-89d7-9d24213b5e78",
    "symbol": "SHOPERSTOP",
    "name": "Shoppers Stop Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 81.977,
    "architecture_energy": 79.786,
    "architecture_maturity": 21.476,
    "architecture_confidence": 81.223,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 15.48,
        "rotation_up": 77.09,
        "upward_expansion": 92.97,
        "deceleration": 42.26,
        "rotation_down": 11.27,
        "downward_expansion": 17.31
      },
      "activity_lines": [
        395.909998,
        382.596361,
        363.809759,
        351.417417
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 420.049988,
    "trend_reference": 344.739998,
    "distance_from_trend": 0.218454,
    "trend_direction": "Weakening",
    "fair_value": 576.508973,
    "distance_from_fair_value": -0.27139,
    "fair_value_direction": "Improving",
    "relative_strength": 5.210179,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.064361,
    "excess_performance": 0.10807,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.218454,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.046868,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.27139,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.144598,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.052102,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.211764,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.064361,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 8.531612,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 449924,
      "relative_activity": 0.588256,
      "balance": 8.531612,
      "dry_up": 0.816863,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.070916,
      "annualized_volatility": 0.466413,
      "from_high_reference": -0.265647,
      "from_low_reference": 0.522196
    },
    "levels": {
      "trend_reference": 344.739998,
      "fair_value_reference": 576.508973,
      "structural_low": 275.950012,
      "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": 28,
        "median_return": -0.001979,
        "positive_rate": 0.464286,
        "directional_follow_through": 0.464286,
        "median_excess_return": -0.002801,
        "regime_survival": 0.714286,
        "best_return": 0.321995,
        "worst_return": -0.133558,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.00387,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.06018,
        "regime_survival": 0.5,
        "best_return": 0.423955,
        "worst_return": -0.201747,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.254889,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.110718,
        "regime_survival": 0.285714,
        "best_return": 0.627,
        "worst_return": -0.473989,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.26232,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.026614,
        "regime_survival": 0.5,
        "best_return": 1.129091,
        "worst_return": -0.399354,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-02-09",
        "end": "2024-03-08",
        "tenure": "Developing",
        "return": 0.003803,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-15",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": -0.018571,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-03",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.077212,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-12",
        "end": "2024-10-11",
        "tenure": "Established",
        "return": -0.092484,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-18",
        "end": "2024-10-25",
        "tenure": "New",
        "return": -0.109545,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-01",
        "end": "2024-11-15",
        "tenure": "New",
        "return": -0.083266,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-07-11",
        "tenure": "Extended",
        "return": -0.152808,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-18",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.012154,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.014436,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-17",
        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.08992,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-14",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.058817,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-06-12",
        "tenure": "Extended",
        "return": -0.120127,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-19",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": 0.04785,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.078157,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 799.900024,
        "volume": 385122,
        "typical_volume": 569381.6,
        "trend": 712.448334,
        "fair_value": 439.015986,
        "relative_strength": 5.904112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.412946,
        "energy": 38.939477,
        "activity_lines": [
          802.470019,
          802.452739,
          780.858337,
          749.431937
        ]
      },
      {
        "date": "2023-08-25",
        "close": 709.049988,
        "volume": 2888008,
        "typical_volume": 701582.75,
        "trend": 714.261666,
        "fair_value": 442.412339,
        "relative_strength": -5.991421,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 17.363892,
        "energy": 12.51115,
        "activity_lines": [
          772.693343,
          785.651826,
          777.40786,
          749.212689
        ]
      },
      {
        "date": "2023-09-01",
        "close": 724.599976,
        "volume": 1368731,
        "typical_volume": 742772.3,
        "trend": 717.119999,
        "fair_value": 445.976343,
        "relative_strength": -4.851849,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 4.276535,
        "energy": 12.054078,
        "activity_lines": [
          752.946663,
          773.000912,
          774.97762,
          749.879677
        ]
      },
      {
        "date": "2023-09-08",
        "close": 715.0,
        "volume": 629507,
        "typical_volume": 719880.85,
        "trend": 718.548332,
        "fair_value": 449.503691,
        "relative_strength": -7.8612,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -2.829755,
        "energy": 20.723748,
        "activity_lines": [
          734.469995,
          759.972729,
          771.022858,
          749.742902
        ]
      },
      {
        "date": "2023-09-15",
        "close": 707.349976,
        "volume": 441441,
        "typical_volume": 669289.85,
        "trend": 720.608331,
        "fair_value": 453.009006,
        "relative_strength": -10.215862,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -25.171649,
        "energy": 34.119907,
        "activity_lines": [
          719.236654,
          747.401816,
          765.862618,
          749.020428
        ]
      },
      {
        "date": "2023-09-22",
        "close": 690.0,
        "volume": 133717,
        "typical_volume": 642511.55,
        "trend": 721.943331,
        "fair_value": 456.418277,
        "relative_strength": -9.811287,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.410447,
        "energy": 49.529951,
        "activity_lines": [
          705.50999,
          733.630906,
          758.839285,
          747.045697
        ]
      },
      {
        "date": "2023-09-29",
        "close": 685.299988,
        "volume": 388888,
        "typical_volume": 635314.8,
        "trend": 723.43833,
        "fair_value": 459.712151,
        "relative_strength": -9.866278,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.766473,
        "energy": 53.167248,
        "activity_lines": [
          697.543323,
          721.178176,
          751.344998,
          744.68161
        ]
      },
      {
        "date": "2023-10-06",
        "close": 669.849976,
        "volume": 171701,
        "typical_volume": 612601.85,
        "trend": 724.411662,
        "fair_value": 462.935207,
        "relative_strength": -11.55552,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.382582,
        "energy": 51.45196,
        "activity_lines": [
          686.009986,
          707.66999,
          742.418091,
          741.224297
        ]
      },
      {
        "date": "2023-10-13",
        "close": 691.950012,
        "volume": 319530,
        "typical_volume": 601778.2,
        "trend": 726.224996,
        "fair_value": 466.317529,
        "relative_strength": -8.656217,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.621255,
        "energy": 39.384407,
        "activity_lines": [
          685.493327,
          700.394538,
          735.858807,
          739.129997
        ]
      },
      {
        "date": "2023-10-20",
        "close": 665.549988,
        "volume": 572621,
        "typical_volume": 606273.4,
        "trend": 727.099996,
        "fair_value": 469.483587,
        "relative_strength": -10.732297,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.022705,
        "energy": 37.967217,
        "activity_lines": [
          677.713326,
          690.318173,
          727.062139,
          735.21548
        ]
      },
      {
        "date": "2023-10-27",
        "close": 639.349976,
        "volume": 219852,
        "typical_volume": 599819.2,
        "trend": 726.786662,
        "fair_value": 472.535709,
        "relative_strength": -11.640026,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.00008,
        "energy": 51.83675,
        "activity_lines": [
          663.986654,
          678.226352,
          716.273089,
          729.554189
        ]
      },
      {
        "date": "2023-11-03",
        "close": 628.700012,
        "volume": 201720,
        "typical_volume": 588638.9,
        "trend": 727.333329,
        "fair_value": 475.494376,
        "relative_strength": -13.472944,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -72.334684,
        "energy": 66.201518,
        "activity_lines": [
          650.086662,
          667.117265,
          705.137139,
          723.226018
        ]
      },
      {
        "date": "2023-11-10",
        "close": 656.150024,
        "volume": 539082,
        "typical_volume": 590947.65,
        "trend": 729.32333,
        "fair_value": 478.563461,
        "relative_strength": -10.325835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.297193,
        "energy": 68.648136,
        "activity_lines": [
          649.110006,
          662.459999,
          697.344522,
          718.633547
        ]
      },
      {
        "date": "2023-11-17",
        "close": 658.349976,
        "volume": 234652,
        "typical_volume": 582780.25,
        "trend": 730.77333,
        "fair_value": 481.596794,
        "relative_strength": -11.312583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.603915,
        "energy": 66.143461,
        "activity_lines": [
          649.779997,
          659.447268,
          690.44571,
          714.05462
        ]
      },
      {
        "date": "2023-11-24",
        "close": 676.950012,
        "volume": 153246,
        "typical_volume": 577763.75,
        "trend": 731.234998,
        "fair_value": 484.742628,
        "relative_strength": -8.978987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.581131,
        "energy": 52.431205,
        "activity_lines": [
          658.890002,
          660.846362,
          686.07214,
          710.582148
        ]
      },
      {
        "date": "2023-12-01",
        "close": 682.900024,
        "volume": 424897,
        "typical_volume": 589437.65,
        "trend": 731.161666,
        "fair_value": 487.923718,
        "relative_strength": -10.159771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.670988,
        "energy": 30.148188,
        "activity_lines": [
          669.223344,
          663.880004,
          682.921904,
          707.463763
        ]
      },
      {
        "date": "2023-12-08",
        "close": 712.450012,
        "volume": 761475,
        "typical_volume": 617405.55,
        "trend": 731.794999,
        "fair_value": 491.13109,
        "relative_strength": -9.280367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.776398,
        "energy": 21.780751,
        "activity_lines": [
          686.503345,
          672.415461,
          683.18881,
          706.25656
        ]
      },
      {
        "date": "2023-12-15",
        "close": 697.150024,
        "volume": 240395,
        "typical_volume": 597384.85,
        "trend": 730.865,
        "fair_value": 494.247436,
        "relative_strength": -13.021085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -25.290752,
        "energy": 23.662077,
        "activity_lines": [
          693.100016,
          677.675465,
          682.328574,
          704.0214
        ]
      },
      {
        "date": "2023-12-22",
        "close": 689.599976,
        "volume": 205244,
        "typical_volume": 573641.25,
        "trend": 728.848334,
        "fair_value": 497.379487,
        "relative_strength": -13.295645,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.494649,
        "energy": 20.910053,
        "activity_lines": [
          694.446671,
          681.066368,
          681.199286,
          701.35914
        ]
      },
      {
        "date": "2023-12-29",
        "close": 691.0,
        "volume": 624860,
        "typical_volume": 545234.45,
        "trend": 726.176666,
        "fair_value": 500.490705,
        "relative_strength": -14.320335,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.43547,
        "energy": 16.214191,
        "activity_lines": [
          694.176668,
          684.75455,
          680.738096,
          698.917312
        ]
      },
      {
        "date": "2024-01-05",
        "close": 692.0,
        "volume": 584522,
        "typical_volume": 555204.45,
        "trend": 723.26,
        "fair_value": 503.626602,
        "relative_strength": -13.76211,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.643195,
        "energy": 11.206203,
        "activity_lines": [
          693.303333,
          688.161822,
          680.970715,
          696.712366
        ]
      },
      {
        "date": "2024-01-12",
        "close": 703.0,
        "volume": 866660,
        "typical_volume": 454137.05,
        "trend": 720.633333,
        "fair_value": 506.808013,
        "relative_strength": -12.840663,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.627322,
        "energy": 7.541592,
        "activity_lines": [
          695.489998,
          692.611821,
          682.764763,
          695.405269
        ]
      },
      {
        "date": "2024-01-19",
        "close": 694.849976,
        "volume": 1125075,
        "typical_volume": 441954.25,
        "trend": 717.133333,
        "fair_value": 509.977884,
        "relative_strength": -12.518376,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.584097,
        "energy": 9.379596,
        "activity_lines": [
          695.58999,
          694.229088,
          683.811428,
          693.741827
        ]
      },
      {
        "date": "2024-01-26",
        "close": 705.0,
        "volume": 712690,
        "typical_volume": 446113.4,
        "trend": 713.411666,
        "fair_value": 513.23173,
        "relative_strength": -9.922334,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.863149,
        "energy": 8.928951,
        "activity_lines": [
          699.22666,
          696.988179,
          685.966428,
          692.959031
        ]
      },
      {
        "date": "2024-02-02",
        "close": 750.049988,
        "volume": 2200291,
        "typical_volume": 534055.9,
        "trend": 711.251666,
        "fair_value": 516.746153,
        "relative_strength": -6.292379,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.164727,
        "energy": 38.965038,
        "activity_lines": [
          716.853325,
          707.089995,
          692.459522,
          695.322794
        ]
      },
      {
        "date": "2024-02-09",
        "close": 749.400024,
        "volume": 602563,
        "typical_volume": 557498.2,
        "trend": 709.248334,
        "fair_value": 520.199679,
        "relative_strength": -5.907144,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.140723,
        "energy": 51.731866,
        "activity_lines": [
          730.326668,
          715.744545,
          698.687382,
          697.783978
        ]
      },
      {
        "date": "2024-02-16",
        "close": 745.200012,
        "volume": 631518,
        "typical_volume": 569629.7,
        "trend": 708.030001,
        "fair_value": 523.634936,
        "relative_strength": -7.42515,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.288574,
        "energy": 54.623991,
        "activity_lines": [
          738.57334,
          722.426365,
          704.232383,
          700.103441
        ]
      },
      {
        "date": "2024-02-23",
        "close": 733.950012,
        "volume": 168266,
        "typical_volume": 569457.95,
        "trend": 706.106667,
        "fair_value": 527.009295,
        "relative_strength": -9.329605,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.956601,
        "energy": 51.884339,
        "activity_lines": [
          740.256677,
          726.467276,
          708.420717,
          701.7757
        ]
      },
      {
        "date": "2024-03-01",
        "close": 742.5,
        "volume": 168565,
        "typical_volume": 561909.7,
        "trend": 704.126666,
        "fair_value": 530.183974,
        "relative_strength": -8.638465,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.280769,
        "energy": 43.020406,
        "activity_lines": [
          742.183341,
          731.39364,
          713.118098,
          704.123657
        ]
      },
      {
        "date": "2024-03-08",
        "close": 752.25,
        "volume": 282559,
        "typical_volume": 547406.6,
        "trend": 701.978333,
        "fair_value": 533.486218,
        "relative_strength": -7.912768,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 62.533747,
        "energy": 44.418428,
        "activity_lines": [
          744.860006,
          737.130913,
          718.503336,
          707.228388
        ]
      },
      {
        "date": "2024-03-15",
        "close": 724.25,
        "volume": 706453,
        "typical_volume": 571736.65,
        "trend": 699.456665,
        "fair_value": 536.728205,
        "relative_strength": -9.236139,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.496024,
        "energy": 30.644762,
        "activity_lines": [
          738.056669,
          736.66364,
          720.80905,
          708.66527
        ]
      },
      {
        "date": "2024-03-22",
        "close": 754.549988,
        "volume": 505661,
        "typical_volume": 586933.7,
        "trend": 700.973332,
        "fair_value": 540.204166,
        "relative_strength": -5.573581,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.602495,
        "energy": 33.46137,
        "activity_lines": [
          743.029997,
          741.119092,
          725.596191,
          712.219678
        ]
      },
      {
        "date": "2024-03-29",
        "close": 755.0,
        "volume": 463636,
        "typical_volume": 583161.4,
        "trend": 701.986666,
        "fair_value": 543.661859,
        "relative_strength": -6.314092,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.817899,
        "energy": 32.072342,
        "activity_lines": [
          747.529997,
          744.719092,
          729.826905,
          715.705269
        ]
      },
      {
        "date": "2024-04-05",
        "close": 759.0,
        "volume": 307516,
        "typical_volume": 586804.6,
        "trend": 703.453333,
        "fair_value": 547.220512,
        "relative_strength": -6.545477,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.239112,
        "energy": 31.579332,
        "activity_lines": [
          751.959998,
          747.952728,
          733.967858,
          719.383549
        ]
      },
      {
        "date": "2024-04-12",
        "close": 729.650024,
        "volume": 525726,
        "typical_volume": 605428.6,
        "trend": 704.196667,
        "fair_value": 550.659295,
        "relative_strength": -10.131504,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.576751,
        "energy": 27.126352,
        "activity_lines": [
          745.506673,
          744.868186,
          734.834288,
          721.073658
        ]
      },
      {
        "date": "2024-04-19",
        "close": 711.150024,
        "volume": 157756,
        "typical_volume": 592071.55,
        "trend": 704.901668,
        "fair_value": 553.990705,
        "relative_strength": -10.805171,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.44313,
        "energy": 13.687059,
        "activity_lines": [
          734.393347,
          738.790917,
          733.687862,
          721.522262
        ]
      },
      {
        "date": "2024-04-26",
        "close": 710.799988,
        "volume": 239626,
        "typical_volume": 565979.1,
        "trend": 705.751668,
        "fair_value": 557.265385,
        "relative_strength": -11.698471,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 22.106003,
        "energy": 13.29973,
        "activity_lines": [
          724.036674,
          733.345459,
          732.373575,
          721.902799
        ]
      },
      {
        "date": "2024-05-03",
        "close": 731.75,
        "volume": 525475,
        "typical_volume": 580233.1,
        "trend": 707.815002,
        "fair_value": 560.709936,
        "relative_strength": -9.060968,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.060059,
        "energy": 12.74845,
        "activity_lines": [
          723.580005,
          732.334549,
          733.062384,
          723.58011
        ]
      },
      {
        "date": "2024-05-10",
        "close": 727.900024,
        "volume": 176437,
        "typical_volume": 578792.75,
        "trend": 709.013336,
        "fair_value": 564.100962,
        "relative_strength": -7.572856,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.416414,
        "energy": 11.682207,
        "activity_lines": [
          723.39001,
          730.663644,
          733.219767,
          724.875918
        ]
      },
      {
        "date": "2024-05-17",
        "close": 752.75,
        "volume": 146075,
        "typical_volume": 554853.5,
        "trend": 711.920003,
        "fair_value": 567.588141,
        "relative_strength": -5.844945,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.13465,
        "energy": 10.955758,
        "activity_lines": [
          733.556673,
          733.77637,
          735.561434,
          727.697638
        ]
      },
      {
        "date": "2024-05-24",
        "close": 768.299988,
        "volume": 187185,
        "typical_volume": 534986.65,
        "trend": 716.218337,
        "fair_value": 571.103205,
        "relative_strength": -5.594059,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.051526,
        "energy": 34.245246,
        "activity_lines": [
          747.366667,
          739.707276,
          739.090004,
          731.335057
        ]
      },
      {
        "date": "2024-05-31",
        "close": 729.849976,
        "volume": 445391,
        "typical_volume": 513923.2,
        "trend": 719.590002,
        "fair_value": 574.258974,
        "relative_strength": -8.162395,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.927321,
        "energy": 22.206634,
        "activity_lines": [
          744.549992,
          737.846362,
          738.593334,
          732.214517
        ]
      },
      {
        "date": "2024-06-07",
        "close": 748.200012,
        "volume": 130933,
        "typical_volume": 464216.1,
        "trend": 722.658335,
        "fair_value": 577.526603,
        "relative_strength": -8.430801,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.071116,
        "energy": 27.070277,
        "activity_lines": [
          746.579997,
          739.77091,
          739.716431,
          734.060324
        ]
      },
      {
        "date": "2024-06-14",
        "close": 740.299988,
        "volume": 105139,
        "typical_volume": 433838.55,
        "trend": 725.390002,
        "fair_value": 580.819551,
        "relative_strength": -9.580462,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.05153,
        "energy": 23.934983,
        "activity_lines": [
          744.879993,
          740.382725,
          739.833096,
          735.198496
        ]
      },
      {
        "date": "2024-06-21",
        "close": 753.799988,
        "volume": 573448,
        "typical_volume": 352496.4,
        "trend": 727.951668,
        "fair_value": 583.974679,
        "relative_strength": -7.52136,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.337123,
        "energy": 20.495677,
        "activity_lines": [
          746.853325,
          743.789086,
          741.06738,
          737.031398
        ]
      },
      {
        "date": "2024-06-28",
        "close": 754.25,
        "volume": 187293,
        "typical_volume": 331732.9,
        "trend": 730.330001,
        "fair_value": 587.285577,
        "relative_strength": -8.866549,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.436406,
        "energy": 23.481501,
        "activity_lines": [
          748.906661,
          746.838177,
          742.326666,
          738.728064
        ]
      },
      {
        "date": "2024-07-05",
        "close": 788.25,
        "volume": 178125,
        "typical_volume": 309063.25,
        "trend": 732.856667,
        "fair_value": 590.761859,
        "relative_strength": -5.471098,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.383372,
        "energy": 46.342094,
        "activity_lines": [
          763.229997,
          755.28545,
          746.800951,
          742.464839
        ]
      },
      {
        "date": "2024-07-12",
        "close": 851.5,
        "volume": 2411102,
        "typical_volume": 421205.05,
        "trend": 738.001666,
        "fair_value": 594.635577,
        "relative_strength": 1.748994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.105766,
        "energy": 70.961385,
        "activity_lines": [
          794.743331,
          773.824542,
          757.094046,
          750.119247
        ]
      },
      {
        "date": "2024-07-19",
        "close": 779.450012,
        "volume": 413880,
        "typical_volume": 433470.8,
        "trend": 740.996667,
        "fair_value": 598.051282,
        "relative_strength": -6.558367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.550672,
        "energy": 59.974987,
        "activity_lines": [
          795.353337,
          777.086363,
          759.965476,
          752.793334
        ]
      },
      {
        "date": "2024-07-26",
        "close": 770.150024,
        "volume": 479295,
        "typical_volume": 443307.6,
        "trend": 743.635002,
        "fair_value": 601.27532,
        "relative_strength": -8.321841,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.378166,
        "energy": 52.518121,
        "activity_lines": [
          790.253345,
          777.720004,
          761.77524,
          754.674196
        ]
      },
      {
        "date": "2024-08-02",
        "close": 737.25,
        "volume": 259335,
        "typical_volume": 420951.7,
        "trend": 745.143335,
        "fair_value": 604.399038,
        "relative_strength": -11.254152,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.475889,
        "energy": 23.646161,
        "activity_lines": [
          773.096675,
          772.055459,
          760.366431,
          754.26226
        ]
      },
      {
        "date": "2024-08-09",
        "close": 753.150024,
        "volume": 538663,
        "typical_volume": 422601.8,
        "trend": 746.815002,
        "fair_value": 607.670513,
        "relative_strength": -7.447936,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 27.174854,
        "energy": 15.291435,
        "activity_lines": [
          762.373348,
          769.846372,
          760.410004,
          754.778821
        ]
      },
      {
        "date": "2024-08-16",
        "close": 768.549988,
        "volume": 210399,
        "typical_volume": 409939.95,
        "trend": 749.271669,
        "fair_value": 611.088141,
        "relative_strength": -5.674776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 25.057459,
        "energy": 15.451571,
        "activity_lines": [
          759.12334,
          770.013642,
          761.926907,
          756.181078
        ]
      },
      {
        "date": "2024-08-23",
        "close": 787.599976,
        "volume": 345335,
        "typical_volume": 411830.9,
        "trend": 752.025002,
        "fair_value": 614.573077,
        "relative_strength": -4.153119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 32.408083,
        "energy": 15.713998,
        "activity_lines": [
          767.753329,
          773.274546,
          765.193572,
          758.653872
        ]
      },
      {
        "date": "2024-08-30",
        "close": 810.150024,
        "volume": 249357,
        "typical_volume": 398012.45,
        "trend": 754.028337,
        "fair_value": 618.195833,
        "relative_strength": -2.728728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.008554,
        "energy": 25.355066,
        "activity_lines": [
          783.356669,
          779.775459,
          770.471669,
          762.403873
        ]
      },
      {
        "date": "2024-09-06",
        "close": 817.25,
        "volume": 563994,
        "typical_volume": 418324.35,
        "trend": 756.290002,
        "fair_value": 621.8125,
        "relative_strength": -0.175537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.087294,
        "energy": 41.939457,
        "activity_lines": [
          798.660002,
          786.542731,
          776.042621,
          766.48269
        ]
      },
      {
        "date": "2024-09-13",
        "close": 914.049988,
        "volume": 2924272,
        "typical_volume": 552556.65,
        "trend": 761.918335,
        "fair_value": 626.009615,
        "relative_strength": 9.362596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.88136,
        "energy": 66.918634,
        "activity_lines": [
          840.896663,
          809.764546,
          790.327382,
          776.660754
        ]
      },
      {
        "date": "2024-09-20",
        "close": 846.099976,
        "volume": 416487,
        "typical_volume": 547107.25,
        "trend": 765.656667,
        "fair_value": 629.865705,
        "relative_strength": -0.340927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.510808,
        "energy": 60.79624,
        "activity_lines": [
          849.756657,
          818.344541,
          797.172856,
          782.091827
        ]
      },
      {
        "date": "2024-09-27",
        "close": 829.849976,
        "volume": 572874,
        "typical_volume": 566929.1,
        "trend": 768.568333,
        "fair_value": 633.494231,
        "relative_strength": -3.523457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.022547,
        "energy": 54.494693,
        "activity_lines": [
          848.029985,
          824.068173,
          801.926187,
          786.233331
        ]
      },
      {
        "date": "2024-10-04",
        "close": 787.299988,
        "volume": 447670,
        "typical_volume": 582008.85,
        "trend": 769.736666,
        "fair_value": 636.764743,
        "relative_strength": -4.063289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.502602,
        "energy": 31.964815,
        "activity_lines": [
          829.303317,
          821.13908,
          802.141662,
          787.441825
        ]
      },
      {
        "date": "2024-10-11",
        "close": 772.75,
        "volume": 145818,
        "typical_volume": 579940.5,
        "trend": 771.353333,
        "fair_value": 639.9375,
        "relative_strength": -5.420205,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.905258,
        "energy": 12.973566,
        "activity_lines": [
          807.249988,
          815.252718,
          800.806901,
          787.636234
        ]
      },
      {
        "date": "2024-10-18",
        "close": 741.25,
        "volume": 125369,
        "typical_volume": 563939.4,
        "trend": 770.91,
        "fair_value": 642.61859,
        "relative_strength": -8.646173,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.742268,
        "energy": 14.460914,
        "activity_lines": [
          777.663326,
          802.993628,
          796.450948,
          785.694083
        ]
      },
      {
        "date": "2024-10-25",
        "close": 660.049988,
        "volume": 378518,
        "typical_volume": 576318.65,
        "trend": 767.744999,
        "fair_value": 644.640384,
        "relative_strength": -16.078668,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.398131,
        "energy": 35.345048,
        "activity_lines": [
          732.529993,
          776.187264,
          784.307376,
          778.541824
        ]
      },
      {
        "date": "2024-11-01",
        "close": 682.150024,
        "volume": 94361,
        "typical_volume": 575779.75,
        "trend": 765.183333,
        "fair_value": 646.698718,
        "relative_strength": -13.473031,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.287432,
        "energy": 51.722068,
        "activity_lines": [
          707.166671,
          755.371815,
          774.688331,
          773.019568
        ]
      },
      {
        "date": "2024-11-08",
        "close": 635.75,
        "volume": 758761,
        "typical_volume": 585045.4,
        "trend": 762.053333,
        "fair_value": 648.342308,
        "relative_strength": -18.477044,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.594021,
        "energy": 66.442062,
        "activity_lines": [
          676.183337,
          728.03727,
          760.927141,
          764.66903
        ]
      },
      {
        "date": "2024-11-15",
        "close": 625.349976,
        "volume": 171399,
        "typical_volume": 584250.7,
        "trend": 759.193331,
        "fair_value": 650.089743,
        "relative_strength": -17.379161,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.152154,
        "energy": 78.40654,
        "activity_lines": [
          651.836662,
          701.982722,
          746.737615,
          755.849459
        ]
      },
      {
        "date": "2024-11-22",
        "close": 603.700012,
        "volume": 111826,
        "typical_volume": 580935.75,
        "trend": 755.623332,
        "fair_value": 651.940705,
        "relative_strength": -21.066892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.010517,
        "energy": 79.859689,
        "activity_lines": [
          630.1,
          675.480907,
          731.099997,
          745.817632
        ]
      },
      {
        "date": "2024-11-29",
        "close": 597.200012,
        "volume": 169085,
        "typical_volume": 468834.9,
        "trend": 751.138332,
        "fair_value": 653.629167,
        "relative_strength": -22.222854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.025008,
        "energy": 79.642021,
        "activity_lines": [
          615.366671,
          653.440001,
          715.722141,
          735.596773
        ]
      },
      {
        "date": "2024-12-06",
        "close": 623.700012,
        "volume": 345071,
        "typical_volume": 465394.45,
        "trend": 747.664998,
        "fair_value": 655.266346,
        "relative_strength": -20.151144,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.903678,
        "energy": 70.920235,
        "activity_lines": [
          613.656673,
          640.742731,
          704.079047,
          727.374946
        ]
      },
      {
        "date": "2024-12-13",
        "close": 601.950012,
        "volume": 254529,
        "typical_volume": 454156.15,
        "trend": 742.638332,
        "fair_value": 656.867308,
        "relative_strength": -22.833379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.40862,
        "energy": 69.922527,
        "activity_lines": [
          608.593343,
          627.839097,
          691.106191,
          717.973979
        ]
      },
      {
        "date": "2024-12-20",
        "close": 643.75,
        "volume": 1075876,
        "typical_volume": 494983.2,
        "trend": 738.486666,
        "fair_value": 658.794231,
        "relative_strength": -13.077772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.313325,
        "energy": 49.459979,
        "activity_lines": [
          619.716675,
          625.90546,
          682.915239,
          711.594086
        ]
      },
      {
        "date": "2024-12-27",
        "close": 605.099976,
        "volume": 1189921,
        "typical_volume": 527546.1,
        "trend": 734.328333,
        "fair_value": 660.552564,
        "relative_strength": -18.753706,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.738449,
        "energy": 48.006274,
        "activity_lines": [
          616.729997,
          619.29,
          671.48857,
          702.988493
        ]
      },
      {
        "date": "2025-01-03",
        "close": 607.349976,
        "volume": 366221,
        "typical_volume": 535337.2,
        "trend": 729.633331,
        "fair_value": 662.382692,
        "relative_strength": -18.773395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.524117,
        "energy": 46.27379,
        "activity_lines": [
          614.399988,
          615.559087,
          660.981187,
          694.796341
        ]
      },
      {
        "date": "2025-01-10",
        "close": 616.849976,
        "volume": 1264335,
        "typical_volume": 581287.2,
        "trend": 725.518331,
        "fair_value": 664.169872,
        "relative_strength": -15.181768,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.143105,
        "energy": 36.619051,
        "activity_lines": [
          614.559982,
          614.513628,
          652.146185,
          687.519996
        ]
      },
      {
        "date": "2025-01-17",
        "close": 630.150024,
        "volume": 4021798,
        "typical_volume": 769909.25,
        "trend": 721.396665,
        "fair_value": 665.785897,
        "relative_strength": -12.229746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.555121,
        "energy": 33.986753,
        "activity_lines": [
          619.609994,
          617.073633,
          645.39095,
          681.367202
        ]
      },
      {
        "date": "2025-01-24",
        "close": 596.25,
        "volume": 353329,
        "typical_volume": 759376.0,
        "trend": 716.129999,
        "fair_value": 667.279808,
        "relative_strength": -16.177381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.984519,
        "energy": 40.035303,
        "activity_lines": [
          611.479997,
          613.571815,
          636.264283,
          673.293223
        ]
      },
      {
        "date": "2025-01-31",
        "close": 573.200012,
        "volume": 558939,
        "typical_volume": 641109.35,
        "trend": 708.961666,
        "fair_value": 668.624038,
        "relative_strength": -20.350277,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.162755,
        "energy": 44.367634,
        "activity_lines": [
          598.833337,
          606.408181,
          625.994761,
          664.071934
        ]
      },
      {
        "date": "2025-02-07",
        "close": 594.25,
        "volume": 341446,
        "typical_volume": 637357.3,
        "trend": 700.386666,
        "fair_value": 670.215064,
        "relative_strength": -17.127964,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.668605,
        "energy": 42.050468,
        "activity_lines": [
          595.330005,
          603.626363,
          619.353095,
          656.671181
        ]
      },
      {
        "date": "2025-02-14",
        "close": 539.150024,
        "volume": 214309,
        "typical_volume": 619429.05,
        "trend": 692.376666,
        "fair_value": 671.491987,
        "relative_strength": -22.237965,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.069773,
        "energy": 63.435754,
        "activity_lines": [
          574.333345,
          590.880004,
          608.663097,
          646.268817
        ]
      },
      {
        "date": "2025-02-21",
        "close": 532.5,
        "volume": 173264,
        "typical_volume": 605708.75,
        "trend": 684.454999,
        "fair_value": 672.720513,
        "relative_strength": -22.269173,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.808833,
        "energy": 69.557771,
        "activity_lines": [
          556.300008,
          578.461822,
          598.72405,
          635.954194
        ]
      },
      {
        "date": "2025-02-28",
        "close": 523.200012,
        "volume": 126525,
        "typical_volume": 604744.1,
        "trend": 677.319999,
        "fair_value": 673.831731,
        "relative_strength": -20.823859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.522771,
        "energy": 70.558067,
        "activity_lines": [
          541.676676,
          565.615461,
          589.112622,
          625.550646
        ]
      },
      {
        "date": "2025-03-07",
        "close": 514.799988,
        "volume": 225168,
        "typical_volume": 609734.05,
        "trend": 669.374998,
        "fair_value": 674.760577,
        "relative_strength": -23.046815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.284276,
        "energy": 75.003106,
        "activity_lines": [
          529.123336,
          553.43364,
          579.889525,
          615.065484
        ]
      },
      {
        "date": "2025-03-14",
        "close": 480.799988,
        "volume": 157071,
        "typical_volume": 598661.7,
        "trend": 659.783331,
        "fair_value": 675.252564,
        "relative_strength": -27.091121,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.523116,
        "energy": 78.326796,
        "activity_lines": [
          509.129997,
          536.71182,
          568.506667,
          602.899354
        ]
      },
      {
        "date": "2025-03-21",
        "close": 506.100006,
        "volume": 173187,
        "typical_volume": 602603.0,
        "trend": 650.399999,
        "fair_value": 675.636859,
        "relative_strength": -25.78284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.951959,
        "energy": 68.294288,
        "activity_lines": [
          505.133331,
          526.890911,
          560.386906,
          592.984301
        ]
      },
      {
        "date": "2025-03-28",
        "close": 547.849976,
        "volume": 545252,
        "typical_volume": 591927.55,
        "trend": 641.656664,
        "fair_value": 676.183974,
        "relative_strength": -19.680998,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.777979,
        "energy": 48.836477,
        "activity_lines": [
          517.256657,
          526.674542,
          557.081665,
          586.368171
        ]
      },
      {
        "date": "2025-04-04",
        "close": 532.049988,
        "volume": 110507,
        "typical_volume": 588882.95,
        "trend": 632.149997,
        "fair_value": 676.656731,
        "relative_strength": -19.342605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.689463,
        "energy": 41.522434,
        "activity_lines": [
          523.089988,
          525.081813,
          552.690236,
          579.296772
        ]
      },
      {
        "date": "2025-04-11",
        "close": 495.200012,
        "volume": 164430,
        "typical_volume": 591513.15,
        "trend": 618.188331,
        "fair_value": 676.810577,
        "relative_strength": -24.1369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.897636,
        "energy": 41.545221,
        "activity_lines": [
          516.049996,
          517.95636,
          545.23357,
          570.461289
        ]
      },
      {
        "date": "2025-04-18",
        "close": 518.099976,
        "volume": 126487,
        "typical_volume": 589383.25,
        "trend": 607.254998,
        "fair_value": 676.944872,
        "relative_strength": -23.498765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.730696,
        "energy": 31.722578,
        "activity_lines": [
          517.94999,
          516.41272,
          540.47452,
          564.003976
        ]
      },
      {
        "date": "2025-04-25",
        "close": 545.349976,
        "volume": 561070,
        "typical_volume": 600183.2,
        "trend": 597.771664,
        "fair_value": 677.221474,
        "relative_strength": -19.612848,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.805228,
        "energy": 27.512347,
        "activity_lines": [
          526.446651,
          521.208171,
          538.687375,
          560.010104
        ]
      },
      {
        "date": "2025-05-02",
        "close": 490.0,
        "volume": 579067,
        "typical_volume": 616410.1,
        "trend": 587.861665,
        "fair_value": 677.241346,
        "relative_strength": -28.074198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.854265,
        "energy": 38.351599,
        "activity_lines": [
          513.876656,
          515.827263,
          532.001899,
          553.057093
        ]
      },
      {
        "date": "2025-05-09",
        "close": 487.950012,
        "volume": 438356,
        "typical_volume": 584534.1,
        "trend": 578.368332,
        "fair_value": 677.354166,
        "relative_strength": -26.726141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.485918,
        "energy": 38.441175,
        "activity_lines": [
          504.479997,
          510.846357,
          525.654282,
          546.61118
        ]
      },
      {
        "date": "2025-05-16",
        "close": 522.400024,
        "volume": 244829,
        "typical_volume": 537279.5,
        "trend": 571.073333,
        "fair_value": 677.629487,
        "relative_strength": -24.060514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.565645,
        "energy": 32.488516,
        "activity_lines": [
          509.506673,
          512.77,
          523.329523,
          543.000321
        ]
      },
      {
        "date": "2025-05-23",
        "close": 513.599976,
        "volume": 160333,
        "typical_volume": 526985.1,
        "trend": 566.191666,
        "fair_value": 677.963461,
        "relative_strength": -24.160073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.166234,
        "energy": 33.182963,
        "activity_lines": [
          509.786666,
          512.955451,
          520.560473,
          539.292363
        ]
      },
      {
        "date": "2025-05-30",
        "close": 508.700012,
        "volume": 126878,
        "typical_volume": 470112.25,
        "trend": 560.409999,
        "fair_value": 678.127564,
        "relative_strength": -23.937065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.551502,
        "energy": 29.511582,
        "activity_lines": [
          508.733337,
          511.653635,
          517.771189,
          535.583224
        ]
      },
      {
        "date": "2025-06-06",
        "close": 503.450012,
        "volume": 86330,
        "typical_volume": 273338.85,
        "trend": 555.999999,
        "fair_value": 678.465384,
        "relative_strength": -24.8405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.921484,
        "energy": 27.115408,
        "activity_lines": [
          508.37334,
          509.350002,
          514.996904,
          531.908386
        ]
      },
      {
        "date": "2025-06-13",
        "close": 503.450012,
        "volume": 179941,
        "typical_volume": 264669.45,
        "trend": 551.936667,
        "fair_value": 678.902564,
        "relative_strength": -23.360486,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.871991,
        "energy": 28.670913,
        "activity_lines": [
          507.116675,
          507.853641,
          512.825953,
          528.518064
        ]
      },
      {
        "date": "2025-06-20",
        "close": 485.100006,
        "volume": 93853,
        "typical_volume": 241415.15,
        "trend": 547.983333,
        "fair_value": 679.138462,
        "relative_strength": -26.63459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.759767,
        "energy": 34.85358,
        "activity_lines": [
          498.710008,
          503.540915,
          509.349287,
          524.206022
        ]
      },
      {
        "date": "2025-06-27",
        "close": 506.399994,
        "volume": 89679,
        "typical_volume": 228826.8,
        "trend": 544.956666,
        "fair_value": 679.334295,
        "relative_strength": -24.338328,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.345277,
        "energy": 31.256309,
        "activity_lines": [
          499.890004,
          503.28455,
          508.320715,
          521.523226
        ]
      },
      {
        "date": "2025-07-04",
        "close": 502.100006,
        "volume": 527558,
        "typical_volume": 244489.25,
        "trend": 540.903333,
        "fair_value": 679.196154,
        "relative_strength": -23.747264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.476317,
        "energy": 29.634373,
        "activity_lines": [
          500.116671,
          502.459096,
          507.300953,
          518.75828
        ]
      },
      {
        "date": "2025-07-11",
        "close": 511.450012,
        "volume": 544087,
        "typical_volume": 263030.4,
        "trend": 537.886666,
        "fair_value": 678.951282,
        "relative_strength": -20.514287,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.542335,
        "energy": 24.706691,
        "activity_lines": [
          503.900006,
          504.120006,
          507.348097,
          516.858066
        ]
      },
      {
        "date": "2025-07-18",
        "close": 555.349976,
        "volume": 2241605,
        "typical_volume": 368784.4,
        "trend": 534.939998,
        "fair_value": 679.03173,
        "relative_strength": -12.437095,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.870037,
        "energy": 8.932206,
        "activity_lines": [
          521.783329,
          513.372728,
          511.676429,
          517.984731
        ]
      },
      {
        "date": "2025-07-25",
        "close": 531.299988,
        "volume": 305369,
        "typical_volume": 372794.45,
        "trend": 532.479999,
        "fair_value": 678.697435,
        "relative_strength": -15.168104,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.139417,
        "energy": 14.600256,
        "activity_lines": [
          528.189992,
          517.027271,
          513.56119,
          517.749891
        ]
      },
      {
        "date": "2025-08-01",
        "close": 524.549988,
        "volume": 332211,
        "typical_volume": 381551.45,
        "trend": 529.719999,
        "fair_value": 678.250961,
        "relative_strength": -14.768909,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.095134,
        "energy": 16.360062,
        "activity_lines": [
          529.266657,
          519.292723,
          514.724522,
          517.238278
        ]
      },
      {
        "date": "2025-08-08",
        "close": 517.349976,
        "volume": 119645,
        "typical_volume": 378874.35,
        "trend": 526.403333,
        "fair_value": 677.473397,
        "relative_strength": -14.607622,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.308204,
        "energy": 16.722062,
        "activity_lines": [
          526.733317,
          520.049991,
          514.993806,
          516.440212
        ]
      },
      {
        "date": "2025-08-15",
        "close": 511.25,
        "volume": 76811,
        "typical_volume": 355452.3,
        "trend": 522.439998,
        "fair_value": 676.801281,
        "relative_strength": -15.845335,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.626166,
        "energy": 8.560759,
        "activity_lines": [
          521.149988,
          519.540901,
          514.628568,
          515.462577
        ]
      },
      {
        "date": "2025-08-22",
        "close": 544.049988,
        "volume": 164868,
        "typical_volume": 358170.35,
        "trend": 520.699998,
        "fair_value": 676.349358,
        "relative_strength": -10.619509,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.877694,
        "energy": 14.678951,
        "activity_lines": [
          526.513322,
          524.853627,
          517.561424,
          516.85677
        ]
      },
      {
        "date": "2025-08-29",
        "close": 539.849976,
        "volume": 133437,
        "typical_volume": 356620.7,
        "trend": 519.58833,
        "fair_value": 675.820832,
        "relative_strength": -8.984826,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.658315,
        "energy": 15.670923,
        "activity_lines": [
          531.229985,
          528.664533,
          520.037136,
          518.092253
        ]
      },
      {
        "date": "2025-09-05",
        "close": 548.599976,
        "volume": 141393,
        "typical_volume": 357366.0,
        "trend": 518.066663,
        "fair_value": 675.028204,
        "relative_strength": -7.902819,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.437112,
        "energy": 37.754821,
        "activity_lines": [
          538.293315,
          533.070894,
          523.133563,
          519.963972
        ]
      },
      {
        "date": "2025-09-12",
        "close": 533.400024,
        "volume": 449665,
        "typical_volume": 351795.75,
        "trend": 517.874996,
        "fair_value": 673.715063,
        "relative_strength": -10.728556,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.169542,
        "energy": 41.267725,
        "activity_lines": [
          538.686662,
          533.946355,
          524.637137,
          520.953221
        ]
      },
      {
        "date": "2025-09-19",
        "close": 557.5,
        "volume": 228994,
        "typical_volume": 334292.1,
        "trend": 518.708329,
        "fair_value": 672.642627,
        "relative_strength": -6.665666,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.171048,
        "energy": 47.760565,
        "activity_lines": [
          546.043331,
          538.634538,
          528.492852,
          523.509673
        ]
      },
      {
        "date": "2025-09-26",
        "close": 540.450012,
        "volume": 193068,
        "typical_volume": 322027.7,
        "trend": 519.283329,
        "fair_value": 671.311217,
        "relative_strength": -6.305588,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.575622,
        "energy": 36.943192,
        "activity_lines": [
          544.633337,
          539.385451,
          530.403329,
          524.912362
        ]
      },
      {
        "date": "2025-10-03",
        "close": 522.650024,
        "volume": 469631,
        "typical_volume": 333267.8,
        "trend": 519.544997,
        "fair_value": 669.840384,
        "relative_strength": -9.483723,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.025618,
        "energy": 21.091924,
        "activity_lines": [
          537.530013,
          537.170912,
          530.36857,
          525.129568
        ]
      },
      {
        "date": "2025-10-10",
        "close": 525.700012,
        "volume": 990929,
        "typical_volume": 374797.6,
        "trend": 521.041665,
        "fair_value": 668.305448,
        "relative_strength": -9.601973,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.77596,
        "energy": 14.714256,
        "activity_lines": [
          532.590014,
          535.668187,
          530.623095,
          525.526666
        ]
      },
      {
        "date": "2025-10-17",
        "close": 519.349976,
        "volume": 173436,
        "typical_volume": 377125.5,
        "trend": 521.48333,
        "fair_value": 666.609294,
        "relative_strength": -11.455954,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.293753,
        "energy": 13.727575,
        "activity_lines": [
          527.060002,
          532.990001,
          530.215236,
          525.417525
        ]
      },
      {
        "date": "2025-10-24",
        "close": 519.450012,
        "volume": 231445,
        "typical_volume": 384381.25,
        "trend": 520.536665,
        "fair_value": 665.149358,
        "relative_strength": -11.195865,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.985374,
        "energy": 15.578633,
        "activity_lines": [
          522.500004,
          530.29364,
          529.766189,
          525.286343
        ]
      },
      {
        "date": "2025-10-31",
        "close": 514.450012,
        "volume": 416594,
        "typical_volume": 396213.9,
        "trend": 519.949999,
        "fair_value": 663.411217,
        "relative_strength": -11.193353,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.470692,
        "energy": 15.064452,
        "activity_lines": [
          518.810006,
          526.539097,
          528.764762,
          524.893656
        ]
      },
      {
        "date": "2025-11-07",
        "close": 472.649994,
        "volume": 461238,
        "typical_volume": 414583.15,
        "trend": 519.198332,
        "fair_value": 661.760256,
        "relative_strength": -17.122547,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -37.809361,
        "energy": 43.712362,
        "activity_lines": [
          502.920001,
          515.722732,
          523.73,
          521.842042
        ]
      },
      {
        "date": "2025-11-14",
        "close": 462.450012,
        "volume": 323646,
        "typical_volume": 426281.5,
        "trend": 517.343333,
        "fair_value": 660.524038,
        "relative_strength": -19.615562,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.144616,
        "energy": 60.010195,
        "activity_lines": [
          486.963338,
          504.273642,
          517.783096,
          518.18086
        ]
      },
      {
        "date": "2025-11-21",
        "close": 435.25,
        "volume": 257019,
        "typical_volume": 412754.55,
        "trend": 513.673334,
        "fair_value": 658.955448,
        "relative_strength": -24.241045,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -85.04666,
        "energy": 82.581199,
        "activity_lines": [
          466.156671,
          489.445459,
          509.455001,
          512.884516
        ]
      },
      {
        "date": "2025-11-28",
        "close": 425.799988,
        "volume": 284094,
        "typical_volume": 399754.9,
        "trend": 511.533333,
        "fair_value": 657.222115,
        "relative_strength": -25.716346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.119314,
        "energy": 88.170965,
        "activity_lines": [
          447.806665,
          474.683638,
          500.545239,
          507.215268
        ]
      },
      {
        "date": "2025-12-05",
        "close": 403.450012,
        "volume": 178679,
        "typical_volume": 296608.6,
        "trend": 508.716667,
        "fair_value": 655.455128,
        "relative_strength": -28.95486,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.265076,
        "energy": 92.79215,
        "activity_lines": [
          428.250002,
          458.25273,
          489.914764,
          500.242151
        ]
      },
      {
        "date": "2025-12-12",
        "close": 439.0,
        "volume": 348347,
        "typical_volume": 298757.5,
        "trend": 505.936666,
        "fair_value": 653.878525,
        "relative_strength": -21.76389,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.02548,
        "energy": 83.716034,
        "activity_lines": [
          427.943335,
          450.776365,
          483.393335,
          495.744301
        ]
      },
      {
        "date": "2025-12-19",
        "close": 452.100006,
        "volume": 177067,
        "typical_volume": 291000.3,
        "trend": 503.886667,
        "fair_value": 652.48814,
        "relative_strength": -18.460115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.378451,
        "energy": 71.717749,
        "activity_lines": [
          434.246669,
          447.20273,
          478.55905,
          492.270968
        ]
      },
      {
        "date": "2025-12-26",
        "close": 398.649994,
        "volume": 1120620,
        "typical_volume": 341049.05,
        "trend": 500.218333,
        "fair_value": 650.496474,
        "relative_strength": -27.651556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.50216,
        "energy": 62.959018,
        "activity_lines": [
          423.423334,
          435.249092,
          468.979288,
          485.481506
        ]
      },
      {
        "date": "2026-01-02",
        "close": 389.299988,
        "volume": 320480,
        "typical_volume": 353232.5,
        "trend": 496.413332,
        "fair_value": 648.439102,
        "relative_strength": -29.442246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.869688,
        "energy": 62.148455,
        "activity_lines": [
          411.92333,
          423.789999,
          459.074287,
          478.325483
        ]
      },
      {
        "date": "2026-01-09",
        "close": 377.399994,
        "volume": 162477,
        "typical_volume": 353112.95,
        "trend": 492.211665,
        "fair_value": 646.436858,
        "relative_strength": -29.124068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.997807,
        "energy": 71.890505,
        "activity_lines": [
          398.889994,
          412.533634,
          448.616667,
          470.647204
        ]
      },
      {
        "date": "2026-01-16",
        "close": 389.75,
        "volume": 178770,
        "typical_volume": 355379.6,
        "trend": 489.033331,
        "fair_value": 644.592948,
        "relative_strength": -26.013418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.727866,
        "energy": 77.108978,
        "activity_lines": [
          391.709996,
          406.014543,
          440.12881,
          464.036774
        ]
      },
      {
        "date": "2026-01-23",
        "close": 348.350006,
        "volume": 1994547,
        "typical_volume": 448037.3,
        "trend": 483.764998,
        "fair_value": 642.629486,
        "relative_strength": -31.401214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.708318,
        "energy": 82.728785,
        "activity_lines": [
          374.013332,
          393.475453,
          428.412858,
          454.96043
        ]
      },
      {
        "date": "2026-01-30",
        "close": 366.399994,
        "volume": 169768,
        "typical_volume": 434042.45,
        "trend": 479.241665,
        "fair_value": 640.883012,
        "relative_strength": -27.94428,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.345381,
        "energy": 70.80437,
        "activity_lines": [
          369.249998,
          386.292725,
          419.369524,
          447.388494
        ]
      },
      {
        "date": "2026-02-06",
        "close": 394.649994,
        "volume": 158231,
        "typical_volume": 430504.3,
        "trend": 475.348331,
        "fair_value": 639.104166,
        "relative_strength": -22.786242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.467564,
        "energy": 56.652909,
        "activity_lines": [
          376.053331,
          385.498179,
          413.811904,
          441.930967
        ]
      },
      {
        "date": "2026-02-13",
        "close": 400.100006,
        "volume": 221681,
        "typical_volume": 431934.95,
        "trend": 470.173332,
        "fair_value": 637.530768,
        "relative_strength": -20.435437,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.607024,
        "energy": 48.564051,
        "activity_lines": [
          384.316667,
          386.260908,
          409.548809,
          437.076236
        ]
      },
      {
        "date": "2026-02-20",
        "close": 336.149994,
        "volume": 850073,
        "typical_volume": 450957.05,
        "trend": 463.668332,
        "fair_value": 635.51923,
        "relative_strength": -32.745329,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.218982,
        "energy": 52.7528,
        "activity_lines": [
          369.749998,
          375.45727,
          399.86357,
          428.42957
        ]
      },
      {
        "date": "2026-02-27",
        "close": 303.850006,
        "volume": 1190764,
        "typical_volume": 460948.8,
        "trend": 456.311666,
        "fair_value": 633.361537,
        "relative_strength": -37.548262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.223338,
        "energy": 59.4051,
        "activity_lines": [
          347.99,
          360.650908,
          387.990237,
          418.11871
        ]
      },
      {
        "date": "2026-03-06",
        "close": 310.850006,
        "volume": 566302,
        "typical_volume": 480592.1,
        "trend": 449.428334,
        "fair_value": 631.247435,
        "relative_strength": -33.537755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.768768,
        "energy": 62.195242,
        "activity_lines": [
          331.530003,
          349.812728,
          377.84,
          408.734087
        ]
      },
      {
        "date": "2026-03-13",
        "close": 307.350006,
        "volume": 487643,
        "typical_volume": 493402.0,
        "trend": 442.631667,
        "fair_value": 629.130768,
        "relative_strength": -30.02165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.348202,
        "energy": 82.64427,
        "activity_lines": [
          317.606671,
          339.934548,
          368.349286,
          399.567743
        ]
      },
      {
        "date": "2026-03-20",
        "close": 288.5,
        "volume": 239576,
        "typical_volume": 484551.1,
        "trend": 434.113334,
        "fair_value": 626.88205,
        "relative_strength": -33.59063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.302771,
        "energy": 85.56207,
        "activity_lines": [
          303.220003,
          328.119093,
          358.073334,
          389.623764
        ]
      },
      {
        "date": "2026-03-27",
        "close": 294.0,
        "volume": 333828,
        "typical_volume": 478180.6,
        "trend": 425.918335,
        "fair_value": 624.608012,
        "relative_strength": -30.711992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.469649,
        "energy": 81.715233,
        "activity_lines": [
          298.106669,
          318.920002,
          349.397143,
          380.584194
        ]
      },
      {
        "date": "2026-04-03",
        "close": 295.700012,
        "volume": 96637,
        "typical_volume": 466830.15,
        "trend": 417.488336,
        "fair_value": 622.578525,
        "relative_strength": -29.237351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.75635,
        "energy": 72.455946,
        "activity_lines": [
          296.370005,
          311.770913,
          341.733573,
          372.183012
        ]
      },
      {
        "date": "2026-04-10",
        "close": 295.799988,
        "volume": 456218,
        "typical_volume": 476790.1,
        "trend": 409.568335,
        "fair_value": 620.651281,
        "relative_strength": -32.487147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.182718,
        "energy": 58.993542,
        "activity_lines": [
          295.21,
          305.597274,
          334.873572,
          364.332151
        ]
      },
      {
        "date": "2026-04-17",
        "close": 298.899994,
        "volume": 374523,
        "typical_volume": 481311.55,
        "trend": 400.948335,
        "fair_value": 618.625961,
        "relative_strength": -31.949514,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.379302,
        "energy": 53.931591,
        "activity_lines": [
          296.086664,
          301.270909,
          328.972857,
          357.192258
        ]
      },
      {
        "date": "2026-04-24",
        "close": 296.399994,
        "volume": 830755,
        "typical_volume": 513915.35,
        "trend": 392.813334,
        "fair_value": 616.27532,
        "relative_strength": -30.46984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.03044,
        "energy": 52.337247,
        "activity_lines": [
          296.693329,
          298.230908,
          323.438333,
          350.447204
        ]
      },
      {
        "date": "2026-05-01",
        "close": 296.899994,
        "volume": 248085,
        "typical_volume": 508902.25,
        "trend": 385.288333,
        "fair_value": 613.786858,
        "relative_strength": -30.056946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.780301,
        "energy": 49.259976,
        "activity_lines": [
          296.939994,
          297.16727,
          318.461189,
          344.259246
        ]
      },
      {
        "date": "2026-05-08",
        "close": 357.200012,
        "volume": 4939696,
        "typical_volume": 747033.7,
        "trend": 379.671666,
        "fair_value": 611.63141,
        "relative_strength": -15.966234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.467976,
        "energy": 22.302122,
        "activity_lines": [
          317.093333,
          307.780909,
          319.903571,
          342.447097
        ]
      },
      {
        "date": "2026-05-15",
        "close": 329.149994,
        "volume": 348977,
        "typical_volume": 708451.55,
        "trend": 373.331667,
        "fair_value": 609.093589,
        "relative_strength": -20.213492,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.721506,
        "energy": 20.771217,
        "activity_lines": [
          323.796665,
          312.324544,
          319.126428,
          339.187634
        ]
      },
      {
        "date": "2026-05-22",
        "close": 330.149994,
        "volume": 186310,
        "typical_volume": 701743.05,
        "trend": 367.021666,
        "fair_value": 606.401602,
        "relative_strength": -19.629242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.557484,
        "energy": 22.92201,
        "activity_lines": [
          328.609998,
          316.71727,
          318.775475,
          336.40172
        ]
      },
      {
        "date": "2026-05-29",
        "close": 354.549988,
        "volume": 336726,
        "typical_volume": 710455.5,
        "trend": 361.691666,
        "fair_value": 603.731089,
        "relative_strength": -12.52672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 3.110034,
        "energy": 21.088716,
        "activity_lines": [
          339.473328,
          325.131814,
          321.029998,
          335.597095
        ]
      },
      {
        "date": "2026-06-05",
        "close": 358.0,
        "volume": 40553,
        "typical_volume": 703544.65,
        "trend": 357.869999,
        "fair_value": 601.029166,
        "relative_strength": -10.509816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 6.340521,
        "energy": 22.910056,
        "activity_lines": [
          347.609996,
          332.972723,
          323.721903,
          335.358923
        ]
      },
      {
        "date": "2026-06-12",
        "close": 374.649994,
        "volume": 94390,
        "typical_volume": 608536.8,
        "trend": 354.943332,
        "fair_value": 598.41923,
        "relative_strength": -6.892039,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 36.673922,
        "energy": 48.681077,
        "activity_lines": [
          357.223328,
          342.677268,
          328.150712,
          336.441503
        ]
      },
      {
        "date": "2026-06-19",
        "close": 360.5,
        "volume": 16501,
        "typical_volume": 600873.45,
        "trend": 352.451665,
        "fair_value": 595.602884,
        "relative_strength": -11.433994,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 22.928947,
        "energy": 50.212318,
        "activity_lines": [
          360.956663,
          348.373633,
          331.106664,
          336.799998
        ]
      },
      {
        "date": "2026-06-26",
        "close": 356.399994,
        "volume": 0,
        "typical_volume": 592961.9,
        "trend": 350.138332,
        "fair_value": 592.652563,
        "relative_strength": -12.105143,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.650023,
        "energy": 48.109693,
        "activity_lines": [
          361.233329,
          352.148178,
          333.700235,
          337.054729
        ]
      },
      {
        "date": "2026-07-03",
        "close": 354.549988,
        "volume": 15535,
        "typical_volume": 582654.6,
        "trend": 348.508331,
        "fair_value": 589.701923,
        "relative_strength": -12.826965,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.164457,
        "energy": 30.663105,
        "activity_lines": [
          359.143327,
          354.540904,
          336.299758,
          337.339352
        ]
      },
      {
        "date": "2026-07-10",
        "close": 365.25,
        "volume": 4479053,
        "typical_volume": 764103.6,
        "trend": 346.049998,
        "fair_value": 586.854166,
        "relative_strength": -9.413414,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.579493,
        "energy": 26.891704,
        "activity_lines": [
          360.619995,
          357.821813,
          340.135234,
          338.41946
        ]
      },
      {
        "date": "2026-07-17",
        "close": 390.75,
        "volume": 1404817,
        "typical_volume": 774806.25,
        "trend": 344.004998,
        "fair_value": 584.347756,
        "relative_strength": -2.903163,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.916932,
        "energy": 34.406503,
        "activity_lines": [
          370.11333,
          364.49636,
          346.260711,
          341.303331
        ]
      },
      {
        "date": "2026-07-24",
        "close": 377.75,
        "volume": 460097,
        "typical_volume": 769496.0,
        "trend": 343.308331,
        "fair_value": 581.694551,
        "relative_strength": -3.276433,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 59.10924,
        "energy": 41.20731,
        "activity_lines": [
          374.199998,
          368.19727,
          350.734282,
          343.480428
        ]
      },
      {
        "date": "2026-07-31",
        "close": 389.600006,
        "volume": 184251,
        "typical_volume": 754326.4,
        "trend": 343.318332,
        "fair_value": 579.051602,
        "relative_strength": -2.147426,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.676022,
        "energy": 54.26614,
        "activity_lines": [
          381.086668,
          373.16909,
          356.017855,
          346.466987
        ]
      },
      {
        "date": "2026-08-07",
        "close": 420.049988,
        "volume": 449924,
        "typical_volume": 764843.8,
        "trend": 344.739998,
        "fair_value": 576.508973,
        "relative_strength": 5.210179,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.976929,
        "energy": 79.786062,
        "activity_lines": [
          395.909998,
          382.596361,
          363.809759,
          351.417417
        ]
      }
    ],
    "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."
    }
  }
}